KTFA
FRANK26:"IT WILL BE AS SOON AS YOU RELEASE THE NEW EXCHANGE RATE YOU AGREED UPON WITH THE UST!!!".........F26
TRANSLATION:
Former Deputy Governor of the Central Bank, Ihsan Shamran: The Iraqi dinar is “strong”
#Newspaper
KTFA
FRANK26:"IT WILL BE AS SOON AS YOU RELEASE THE NEW EXCHANGE RATE YOU AGREED UPON WITH THE UST!!!".........F26
TRANSLATION:
Former Deputy Governor of the Central Bank, Ihsan Shamran: The Iraqi dinar is “strong”
#Newspaper
Mnt Goat
...What will May bring us investors?
I have to tell you that April’s news was amazing and I don’t know how the news can top last month except maybe give us what we are looking for. Am I saying it's going to RV in May?
Of course not...no one knows the date of this event...Does it seem that we are very close? Yes, it seems this is just around the bend and the finish line is in our sights. ...there is a huge glimmer of hope we could see the RV very soon.
The Minister of Commerce and Chairman of the National Committee concerned with Iraq’s accession to the World Trade Organization, Atheer Daoud Salman Al-Ghurairi...Article quote: "...the completion of the files for the initial offer of goods and services within the files for joining the organization”. No, they did not yet announce Iraq’s full accession to the WTO but this is certainly getting close...I assume sometime soon, the National Committee will hold its third meeting with Iraq on the accession review... With the US now backing Iraq this should move along quickly now.Walkingstick and Frank26
[Iraq boots-on-the-ground report]
FIREFLY: Alaq the CBI governor is on the television and he's talking about the banks and the financial inclusion. They are saying to us that there are changes coming...Iraq has just given us Identity Program. This will be launched next Thursday on the 6th...They called them Unified National Cards.
WALKINGSTICK: Those are nothing more but identification cards because you're going to be needed them when you go into the bank to get your new currency.
---Question: "Will Aki
[Walkingstick's Iraqi Bank owner here in the US]
exchange dinars for US citizens at his bank?"
Yes! That's the whole purpose.
FRANK26: SAYS
Walking Stick was on the phone with Frank during the subway. The head of Walking Sticks, who owns banks and ATMs in Iraq and Jordan, and his friend who runs his bank in Dearborn, Michigan, are at this big meeting at the CBI, with the 964-person delegation that was in D.C. Everyone is in this meeting.
It is the Arab Monetary Fund, the International Monetary Fund, the World Bank, all the companies and investors who have contracts are saying these words, about lower banknotes and a new exchange rate. Everyone knows that the exchange rate is about to change. Eddie said on television saying The budget will come to Parliament next week. Walking Stick and Frank believe that the exchange rate will rise and force parliament to hold an emergency session. Then Parliament would have to vote. There is too great a possibility of insider trading (parliament are criminals). Walking Stick says Sudani wants this now. Promises must be kept. Do you remember that they audited the banks? Maliki's State of Law Party tried to raise $600
Millions of dollars. The entire party is being shut down by the IMF, the FMA and the CBI. They were funneling funds to Iran across the border into Iran for their own enrichment. They and the private banks were closed. That's why they think that with all the corruption, they will have to announce the new exchange rate and the parliament will hold an emergency vote (after the exchange rate change). The CBI determines the exchange rate.
Sudani and CBI are working together. Those sanctions were lifted in time for a
Change of fee. Everyone at those meetings will be on stage with Sudani, including the two friends from Walking Sticks. Walking Stick says Sudani will make the presentation, and this will happen after that. Sudani wants it now, everyone is there waiting. It shouldn't take long.
-All credit to Frank and his team!
TRANSLATE SPANISH
Miércoles 24 Abril 2024
Abed Rabbo: Jordanian banks are swallowing up the Iraqi economy and the central bank is dealing with double standards
Financial master Ahmed Abd Rabbo affirmed on Wednesday that the National Bank of Iraq is working duplicatively in allowing licenses to unfamiliar banks and forcing sanctions on Iraqi banks.
Abd Rabbo said in a proclamation to the , “crafted by the National Bank of Iraq conveys a lot of duplication among neighborhood and unfamiliar banks, particularly Jordanian ones,” taking note of that “the National Bank conceded licenses to four Jordanian banks: Lodging, Jordan, Al-Ittihad, and Al-Arabi.”
He went on to say, “Giving licenses to these banks means losing control over the banking business in Iraq,” bringing attention to the fact that “Jordanian banks swallow up Iraqi banks while local banks face American sanctions.”
Abd Rabbo ended his speech by saying, The administration of the National Bank didn’t prevail with regards to managing this significant document, and it might represent a danger to the Iraqi economy,” bringing up, “We over and over requested to change the legislative head of the National Bank of Iraq, yet without much of any result.”
Experts accept that the monetary record can’t be given over in that frame of mind, as a sovereign matter influences the security and economy of the state, with the attack and entrance of these banks into the economy in an enormous manner that might make the Iraqi economy prisoner to the Jordanian banks.
Frank26
The budget does not need parliament...The budget waits for the exchange rate. The exchange rate is not waiting for it or anything else...The budget is born without them...
Article: "Will the agreements signed with the US Treasury reflect positively on the exchange rates? "
Yeah because they want at least 1 to 1 but they never changed it. They kept it at 1320. I think they're going to come out at maybe 1 to 1.30 or 1 to 1.50 and then float...The only reason they ask this question is because they know the answer to the question!
WEF [World Economic Forum]...no doubt this is good. World exposure, this is good...They're being invited to the big boy corrupt party because they have a big boy exchange rate. That's the important thing.
Al-Sudani: Iraq must always be at the forefront Prime Minister Mohammed Shia al-Sudani said today, Sunday, November 24, 2024, that: "...