An Economic Expert Calls For Canceling The Currency Sale Window

 An Economic Expert Calls For Canceling The Currency Sale Window

July 14 10:22   Information / Baghdad... Economist Diaa Al-Mohsen called for canceling the currency selling window, pointing out that  some beneficial political blocs were behind the continuation of this window to achieve financial gains.

 Al-Mohsen told Al-Maalouma,  “The citizen’s interest necessitates the government to go towards canceling the currency selling window, in order to end the confusion occurring in monetary policy.”

 He added,  "The late former Central Bank Governor Sinan Al-Shabibi was behind opening the currency selling window for 4 years at that time in order to eliminate the inflation taking place in the country after its rate reached 50%."  He stated that  "some political blocs have financial interests that push for the continuation of the operation of the currency selling window, to make it a gateway to financial gain, despite the absence of the need for it." 

https://almaalomah.me/news/70242/economy/خبير-اقتصادي-يدعو-الى-الغاء-نافذة-بيع-العملة    

LATEST FROM JON DOWLING, 16 JULY

 

Chinas real ticked off with Iraq for banning the yuan and they’re not having it. Expect the ban to be removed, but more importantly China to put pressure on Iraq to reinstate their currency and then turn their attention to Vietnam.&n bsp;

Meanwhile, Iraq going to US soon to discuss removing the Iranian proxies and to making a deal with our US militias to remove them and give Israel the credit for the grave surrender. Chinas not playing and this is very good for us. Pray the sanctions get removed off of Iraq and the banks as well. 

@JonDowling

Iraqi Dinar News || Big News For Investors | Iraqi Dinar News Today || I...

JUDY NOTES, 16 JULY

 Suspected Timing:

• On Thurs. 11 July 2024 the financial capitols of the World in Zurich, London, Toronto and Reno activated a Global Currency Reset of 209 countries to gold/asset-backed currencies.

• Tues. 16 July would celebrate liquidation for all Tiers of the Global Currency Reset. According to Q Codez VII on Telegram this 24th anniversary of JFK Jr. plane crash was also the beginning of a ten day lockdown.

Global Currency Reset:

• Sun. 14 July 2024 Wolverine: “It has started. This report came through today (Sun. 14 Jul y): “Zurich, London, Toronto and Reno now confirm activation ends today (Sun. 14 July), with payments held on Monday (15 July). Most platforms will send notification 

border-box;">over the weekend and start payments on Tues. (16 July). Reno actually started payments (to Whales) yesterday (Sat. 13 July). Ok. Have a beautiful day.”

"QFS CONVERSATION" WITH GOLDILOCKS, 16 JULY

 GOLDILOCKS

"The International Chamber of Commerce (ICC) has expanded its presence in Iraq with the official launch of ICC Iraq at ICC's Global Headquarters in Paris on Wednesday."

ICC will boost Iraq's economy in trade relationships. The launching of ICC in Iraq has already been in formation and has reached 92 countries as trading partners. 

The launching of the ICC in Iraq in enables their shipping ports to move forward with the digitization of their shipping ports. 

The International Maritime Organization (IMO) has said that Iraq is embracing the move to digitalize its maritime sector.  

We are beginning to witness Iraq begin to gain International partnerships to launch and expand their ability for trade relationships that will literally put them on the International stage inside a digital asset based trading system.

Watch the water. 

© Goldilocks

https://www.iraq-businessnews.com/2024/07/11/intl-chamber-of-commerce-icc-opens-in-iraq/ 

https://www.iraq-businessnews.com/2024/07/10/iraq-to-establish-maritime-single-window-for-major-ports/

RV UPDATE BY MARKZ, 16 JULY

 MarkZ  

 [via PDK]   I am hearing from multiple sources inside Iraq that they are expecting an RI (Re-Instatement) at any moment.  I had been told very specifically that they expect a rate of $3.86.   I am getting this from so many sources now …all of a sudden…today…that it has become almost overwhelming...I think this is exciting news and am hoping it is accurate...Just buckle up and stay calm.

I did hear interesting things from a couple banking contacts that  things have very much moved over the weekend and that they may be using the Republican convention as a distraction to roll things out.

 I absolutely believe they have the rate…I don’t think Iraq is stalling...I think they are waiting for the “go” signal.

Central Bank Of Iraq Sells $270 Million In Auction Today

 Time: 2024/07/15 15:42:39 Reading: 598 times

{Economic: Al Furat News} The Central Bank of Iraq’s dollar sales on Monday amounted to more than 270 million in a currency auction.

The bank sold in its auction today 270 million, 626 thousand and 37 dollars, covering it at a basic exchange rate of 1310 dinars per dollar for documentary credits and international settlements for electronic cards, and at the same price per dollar for foreign transfers, and at a price of 1305 dinars per dollar in cash.

Most of the dollar sales went to boost balances abroad in the form of transfers and credits, which amounted to $252 million, 324 thousand and 37, an increase of 93% over cash sales of $18 million, 302 thousand.

The number of banks that purchased cash dollars was one bank, while the number of banks that met requests to enhance balances abroad was 14 banks, and the total number of exchange and brokerage companies participating in the auction was 6 companies.   LINK