Friday, July 5, 2024
LATEST FROM PIMPY, 6 JULY
Pimpy
Question: "Is the exchange real?"
The exchange is real if you're talking about the currency. It's a legitimate currency. Right now you can get 1320 dinars for every $1.00.
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Article: "Customs complete the first phase of the automation project and reveals its revenues within 5 months" They've been kept in the dark ages for a long time. Everybody was doing everything by paper and pencil and it was kept that way for a reason...Banking and other institutions are seeing their companies change with this new technology are going to be excited.
It's going to make their work a lot more efficient...it's only going to get better for Iraq. This is one of those way they can generate revenue other than from oil. This is exactly what they need to diversify. Quote "revenue rate will raise by the end of this year to 200% from what it was in 2022." That's a hell of an increase...it's going to boom over there..
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I'm going to tell you the truth. Here's the truth, Iraq has taken major strides and getting their crap together. Is the Iraqi dinar going to go up in value? Yes it will. Is it going to happen tomorrow? Is is happening over in Europe? Is it happening over in Brazil or China? No, no it's not. There is no in-county/out-country rate. No one group of people has had dinar exchanged. Nobody's got their blessing...
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Article: "Expert likely to keep exchange rates within their current rates" It's not going to happen that quickly. There's so many more hurdles for Iraq to jump through.
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I challenge any content creators out that's making videos about the dinar...to...a debate...Bring your receipts. Bring your proof that I'm wrong and I'll bring my proof why I say I'm right. That's all you have to do. It's not that hard...Remember that I challenged people out there...I would give them $5,000 if they could...have a debate with me and prove me wrong about anything that I'm saying...How many people showed up?
Zero.
"THIS IS THE HCL FOR THE CITIZENS BECAUSE THEY STOLE THE MONEY FOR IT... TODAY THEY SAY THE OPPOSITE IN ORDER TO SURVIVE IN IRAQ!!!" BY FRANK26
KTFA
FRANK26:"THIS IS THE HCL FOR THE CITIZENS BECAUSE THEY STOLE THE MONEY FOR IT... TODAY THEY SAY THE OPPOSITE IN ORDER TO SURVIVE IN IRAQ!!!"............F26
Parliamentary Committee to Al-Eqtisad News: The Oil and Gas Law is Almost Complete, and This is What We Hope for from Barzani’s Visit to Baghdad
7/4/2024
Member of the Parliamentary Oil and Gas Committee, Zainab Al-Moussawi, revealed today, Thursday, the latest developments in the Oil and Gas Law, while pointing to the impact of Masoud Barzani’s visit to Baghdad on the approval of the law.
Al-Moussawi said in an interview with Al-Eqtisad News: “So far, the draft oil and gas law is almost complete, with a high percentage that may reach 90%, but there are some objections from the Kurds regarding some points, which are summarized in handing over oil imports and exploited and unexploited natural resources to Baghdad, as Erbil refuses to do so.”
She added: "We hope that Masoud Barzani's visit will be the beginning of resolving the crisis of the law and its legislation after an agreement with the political foundations in Baghdad, which is the Coordination Framework, as all political blocs are moving towards legislating the oil and gas law that regulates the country's natural resources."
The member of the Parliamentary Oil Committee explained that "the Oil and Gas Law contributes to exploiting the largest possible amount of undiscovered oil fields and also contributes to achieving self-sufficiency in petroleum derivatives and optimal exploitation of wasted natural resources estimated at hundreds of billions of dollars that contribute to diversifying the state's financial resources."
LATEST FROM FIREFLY, 5 JULY
Frank26
[Iraq boots-on-the-ground report]
FIREFLY: Bank friend said something strange and interesting. Don't be surprised when this does come out it will come out pretty close to the cap or just maybe a fixed rate...It is possible they come out just right away at $3.22 because remember this is the reinstatement of our currency.
FRANK: Boom! Boom!
FIREFLY: They have so much riding on this with investment and any setback in the market could lead to a disaster of our monetary reform. Let's just say it comes out at $3.22 and it starts to move in the float or it could be fixed rate for a special period of time...
Nassif: “Capital” Circumvents Iraqi Law And Drains Iraqi Funds Through The Currency Auction
Nassif: “Capital” Circumvents Iraqi Law And Drains Iraqi Funds Through The Currency Auction
Policy 2024-07-03 | 2,923 views A member of the Parliamentary Integrity Committee, Representative Alia Nassif, revealed today, Wednesday, that the Capital Bank is circumventing Iraqi law, while indicating that it is draining Iraqi funds through the currency auction. Nassif said in a tweet on "X", "Capital Bank agreed with the National Bank to circumvent Iraqi law by opening an account for Iraqi clients at Capital and then making investment transfers."
She added, "Huge sums are deposited in Iraqi dinars and then transferred and received in Amman in dollars as part of an organized operation to smuggle money into Jordan," indicating that "Iraqi funds are being drained through the currency auction." https://www.alsumaria.tv/news/politics/492906/نصيف-الكابيتال-يتحايل-على-القانون-العراقي-ويستنزف-الأموال-العراقية-بمز
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Walkingstick All these meetings that the CBI had with all these agencies that were helping them with their monetary reform are done. Al...
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Bank appointment for Currency EXCHANGE Instructions/Checklist Bank Name_________________________________________ Bank 800#____________...
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RayRen98 BANK STAFF RECEIVED "GET READY" MEMOS THIS MORNING, THEY'VE BEEN EXCITED ALL DAY! Nader From The Mid East Y...