New decision by the Central Bank on granting dollars to travelers

New decision by the Central Bank on granting dollars to travelers

Baghdad – Mawazine News
The Central Bank of Iraq decided, on Monday, to grant dollars exclusively to airport passengers starting on July 14.
According to a document issued by the bank, Rafidain, Al-Rashid and Iraqi Trading Banks, exchange companies currently operating at airports and exchange companies have directed Class A and B. In order to ensure that travelers receive cash dollars and avoid exchange companies to passing improper transactions, it was decided to set on 14/7/2024 as the final date for the start with the said mechanism. 

The aforementioned banks and exchange companies operating at the airport are entitled to a commission cut in the amount of (15,000 dinars) from the customer for each transaction and are collected by exchange companies outside the airport for the benefit of companies and banks operating at the airport in accordance with a mechanism that is determined between the parties, companies operating at the airport and exchange companies outside the airport.

She added that the above-mentioned banks have the right to charge exchange companies no more than 2 dinars for every one dollar for the amounts of the window received on behalf of the exchange companies, and the Rashid and Rafidain bankers open outlets for them at airports (Baghdad, Basra, Najaf) and the Iraqi Trade Bank opened its outlets at airports (Baghdad Al-Najaf, Basra, Sulaymaniyah, Erbil).
The document confirmed that exchange companies should transfer their transactions to one of the above-mentioned banks no later than 11/7/2024, and the continuation of the work of exchange companies currently operating at the airport Al-Rayyan, Al-Anjan, Sama Baghdad, Al-Qand) in addition to the above-mentioned banks with the possibility of other exchange companies contracting with them.

https://www.mawazin.net/Details.aspx?jimare=250591

LATEST FROM CBI CONTACT INTEL VIA MNT GOAT, 1 JULY

 MNT GOAT

My contact told me that the Project to Delete the Zeros is planned for the beginning of the 3rd stage of the economic plan. What does this mean. In fact, I did not fully understand it either until this article was published.

We learned through this article that that 3rd stage begins mid-year 2024. 

Is Iraq ever completely on time?

 We must give them a break since they are working against all odds in getting these reforms done. As we can also read in the news there is pressure against the economic reforms from Iranian politicians and seeded officials within the parties. It is an uphill battle for Iraq to achieve progress. So, the CBI may not meet their target for being right on time in June but even this summer sometime would certainly be considered “at the beginning of the 3 rd phase since the phase extends out to 2026. Do you understand? Everything is not exact. They target and then they make the best of it. But they will do it, as I am told.

Yes, no different than what is now going on over in the USA with the democrats. Look at the democrats and some republicans too as deep state  globalist. Their concentration is bent on manipulation of the system to their advantage and not about citizenship to preserve the US Constitution, values and way of life in America. They are not patriots but leaches of the system. So we see the same in Iraq and as with the USA we must also just ignore the lies and propaganda and continue to march onward with our goals and that is to bring the prosperity and abundance back to our nations, while weeding out the corrupt and bringing them to justice.

Even though it is close to the end of June I would certainly not despair about the high possibility of still seeing the project to delete the zeros and then we know the reinstatement will follow. So far there is no news out to the public about the swap out of the currencies. I would think we would have seen these types of articles already if June was going to happen. 

The good news is we can see the huge efforts to get the ATMs installed. 

My contact even told us again as well as a past article by the CBI that the ATMs are an integral part of the swap out process of the currencies. I explained why this is the case already in my last Newsletter dated 6/25. I suggest you revisit it again.

Okay, so we might or might not get the RV in June and so let’s not cry in our beer… lol.. lol.. lol..

https://dinarevaluation.blogspot.com/2024/06/cbi-contact-intel-project-delete-zeros.html

  STATUS OF THE RV

I wanted to come on today and discuss a conversation I had with my CBI contact on Saturday.

Also I want to share a couple main points today in the progress of the economic reforms in Iraq and their impact.

To sum up what my CBI contact told me was for investors from the west to relax and not follow every little (or big) event as a target to get the reinstatement of the Iraqi dinar.

They watch and read what these conference calls say on the effort of informing people and it simply is not all true.

Also we talked about June and so we are well into June already and still no Project to Delete the Zeros.

In this regard, I was told that the effort to roll out the new ATMs should be an indication of the progress with the project and not to worry as the committee is working closely with the banks to track the ATMs, their locations and to have sufficient supplies of the..FOR READ MORE:

https://dinarevaluation.blogspot.com/2024/06/cbi-contact-intel-about-project-of.html

The Best And Worst Stock Market Sectors In 'Slowing' Economy | Chris Ret...

Iraq, Saudi Arabia Conclude A Deal For A Submarine Cable Construction Project

 Iraq, Saudi Arabia Conclude A Deal For A Submarine Cable Construction Project

     Amr Salem June 30, 2024   Underwater internet cables. Photo: Shafaq News Baghdad (IraqiNews.com) – The Iraqi Ministry of Communications signed on Thursday a contract for a submarine cable construction project with the Saudi Telecom Company (STC) to increase internet capacity in Iraq.

 In a press conference after signing the deal, the Iraqi Minister of Communications, Hiyam Al-Yasiri, said that this is the third deal signed by the current Iraqi government.

The director of the media department in the Iraqi Communications Ministry, Omar Al-Amiri, explained that the project will help facilitate the movement of global communications and link the countries of Africa and Asia to Europe via Iraq.

 Al-Amiri noted that such projects will have a positive economic impact on Iraq by utilizing its geographical location.

In June 2023, the Iraqi Ministry of Communications announced that it was launching internet service through space to provide the best internet service to people in Iraq.

 Projects to provide internet via fiber-optic cables require a relatively long time to complete the deployment of cables in all areas because of the difficulties represented in the excavation works and the expensive costs of these projects.

In order to diversify the sources of internet service, increase competitiveness, and reduce prices, the concerned department in the Iraqi Ministry of Communications started the contractual procedures to introduce ‘internet via space’ service in Iraq for the first time.

Iraq is following in the footsteps of developed countries that employ low-orbit satellite technology to deliver internet access directly to people via a vast network of satellites operated by reputable corporations.  

https://www.iraqinews.com/iraq/iraq-saudi-arabia-conclude-a-deal-for-a-submarine-cable-construction-project/

LATEST UPDATES FROM TEXAS SNAKE, 1 JULY

 TEXAS SNAKE

Sat. 29 June 2024 Texas Snake

 “I have nothing to confirm the hour we will be notified about appointments to exchange or the dollar value of same, I do know the banker has had his staff on a one hour call to report to their assigned locations once the release has become authorized for the past three days, and that the rate in country was published in the Gazette today Sat. 29 June 2024.  So folks we are extremely close. GOD Bless.”

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  TEXAS SNAKE

As most know our Saturday is Iraq's Sunday.  The new Budget was included in the latest Gazette but the rate was not given.  I now have it from 3 different sources that Iraq is planning a nationwide celebration for this Sunday.  

There are many foreign dignitaries in country for the party and the rate will be announced and the new ATM's with the new currency will be opened.  So this is my hoped for announcement for tomorrow.  GOD Bless.....

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Just an FYI but I closed the room after the comments about Gurus and MarkZ, this room is for my connections with major international bankers and NYSE upper management as well as a WF banker involved with actual exchange centers his bank has prepared to do actual monetary exchanges of currencies. 

 I plan on advising once the exchange platform is about to begin so we will have an advance alert.

https://dinarevaluation.blogspot.com/2024/06/rv-update-by-texas-snake-via-telegram.html

🔥 Iraqi Dinar 🔥 20 Years Wait End🔥Today RV News Guru Intel Update Exchan...

LATEST FROM ISAAC N, 1 JULY

 ISAAC N

Hello things are advancing I need one confirmation this Friday as soon as I have it I will post , lots of blessings!!!!

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ISAAC N

02/19

ISAAC N:  Just waiting for the advance on German bonds to start

ISAAC N: Hello things are advancing I need one confirmation this Friday as soon as I have it I will post , lots of blessings!!!!

E.T. : What is Isaac referring to? Iraq? What confirmation? 

INGWAY : Isaac is referring to systems not being in place for the RV yet. He is awaiting confirmation that systems have been completed and the RV can move forward.

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JANUARY 7 , 2024

WOLVERINE: QUESTION TO ISAAC:

Isaac are you optimistic for you call on Tuesday?

ANSWER / RESPONSE by ISAAC:

• Yes I am

• Last thing they told me is we are close for advances on German bonds

• We will have an qfs acc you will manage all from there

• Is like an acc in a cloud and only you have the codes to move and do whatever you want

• I can tell you several bans in Europe private ones the big whales will put the money and amazing things will happen there

• After German bonds comes dragons and then come the others

• First tier 3 them 4 a then 4 b

..FOR READ MORE: 

https://dinarevaluation.blogspot.com/2024/06/rv-update-by-isaac-n-20-june.html