Wednesday, July 3, 2024

LATEST FROM MNT GOAT, 3 JULY

 Mnt Goat

   The news is still concentrating mostly on bringing in foreign investors and they told us today that there was a two part plan, and this plan is now completed...

The other part of the ongoing news from Iraq is still about the Parallel Market rate vs the Official CBI rate of the dollar...Saleh works with this issue daily and he is executing a plan. The plan takes time but Saleh says it is working and again tells us “soon” the parallel will equal the official rate

 So the rate is slowly stabilizing as has now reached 1,220 from 1,320. The goal is 1,121.  Folks this is not too far off...This is all good news...

Am I telling you they will RV when it reaches their goal. Of course not but these rates adjustments tell us they can not hold this back much longer and even with their own criteria something must be done and done soon to bring the dinar to the international investment world and free it up...

Iraqi Dinar News Today | Urgent News Iraqi Dinar RV Without Warning This...

"KTFA FAMILY... I WANT TO TALK TO YOU ABOUT THIS ARTICLE" BY FRANK26, 3 JULY

 KTFA

FRANK26: "KTFA FAMILY... I WANT TO TALK TO YOU ABOUT THIS ARTICLE".F26

Raidain Bank announces the implementation of the comprehensive banking system in 31 of its branches in Iraq

 

7/2/2024

Rafidain Bank announced, on Tuesday, the implementation of the comprehensive banking system in the Pharmacists Branch in Basra, thus joining the branches that have activated the comprehensive system in Baghdad and the governorates, in addition to the branches of the border crossings (Zurbatiya - Safwan - Arar - Trebil).

Thus, the number of effective and completed branches of the system becomes (31) branches, in an important step to strengthen the banking system, achieve its requirements, and move away from paper work and completely towards electronic systems.

The bank confirmed in a statement today that the digital transformation plan and the adoption of the comprehensive banking system are proceeding according to the set timetables to include all the bank’s branches in the implementation of the system, especially since the priorities and adoptions of the government program include electronic transformation in financial transactions, reducing the circles of routine for citizens, shortening time, simplifying procedures, overcoming obstacles, and intensifying efforts to improve the level of services provided to customers and completing their transactions.


LINK

LATEST FROM FIREFLY, 3 JULY

Frank26  

 [Iraq boots-on-the-ground report]  

 FIREFLY:
The Gazette, it's been printed but with July 1 date and there's no budget and no budget schedules in it.  Maybe we have to wait for that appeal and the 15 days.

---

[Iraq boots-on-the-ground report] 

  FIREFLY:
Television says that the development road project has Iraq as center of global trade and it will be the hub for the Middle East.  

FRANK: Of the Middle East?  No.  The world...They're trying to tell you, you have a new exchange rate because these words don't mean anything at 1320.

 FIREFLY:

We are now hearing from our news on Channel One that Iraq has been fully accepted into the WTO.  This is going to be official...July the 18th.   FRANK:  To join the WTO Iraq does not need a currency with value.  No, that's not the point.  Iraq needs a currency that has no restrictions, no handcuffs, no limitations in order for it to float on an international market...whatever the case this is very good.


 FIREFLY:
The television is saying parliament committee is saying there is a new number in the budget.  They just admitted we have a new exchange rate and they say they want to be in charge of it, that they want to control, they want to put some votes...Saying the budget has numbers that will change and that's unconstitutional without another reading...It is a 15 day appeals process..


MELANIE HINDS: 🛑LIVESTREAM....CELEBRATION #iraqidinar #dinar #receivemiracles #howtoexc...

"GIVE ME A 'H'... GIVE ME A 'C'... GIVE ME A 'L'... WHAT'S THAT SPELL?" BY FRANK26, 3 JULY

 KTFA

FRANK26: "GIVE ME A 'H'... GIVE ME A 'C'... GIVE ME A 'L'... WHAT'S THAT SPELL?".......F26

Barzani to visit Baghdad tomorrow, Wednesday

7/2/2024

Baghdad - 

The President of the Kurdistan Democratic Party, Masoud Barzani, will arrive in the capital, Baghdad, tomorrow, Wednesday, on an official visit, the first of its kind in 6 years.

According to local reports and Kurdish sources, "Barzani will visit Baghdad to discuss several issues. The visit can be described as not to discuss pending files, but rather as a final culmination of the end of all technical and legal discussions for all current files, at least those represented by salaries and political crises, while the major files represented by the oil and gas law and the file of resuming the export of the region's oil,which has become a vicious circle between Baghdad and foreign companies operating in the region, continue."

Barzani's visit also coincides with the Turkish incursion and ground operations it is carrying out in northern Dohuk within the Kurdistan Region, while these operations came according to a prior agreement between Baghdad and Ankara during the visit of Turkish President Recep Tayyip Erdogan to Baghdad.

LINK

 

LATEST FROM TEXAS SNAKE, 3 JULY

 TEXAS SNAKE

Well one item that was confirmed during the call is that there were hundreds of ATM machines positioned all over the city and loaded with new lower denomination notes.  They anticipate this weekend or during the Holy Week celebration.


Well folks there appears to be some degree of validity to this as I just heard from the UK banker putting me on alert.

---


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.”

--

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.....

---


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

RV UPDATE BY FRANK26, 6 OCT

  Frank26       We know everything up to the float is done.    To make it international will take you from the float to the REER . Frank26  ...