Monday, July 22, 2024

DINAR INVESTORS: Manipulating budget tables is a “dangerous matter” due to final accounts

"THE GAP IS BETWEEN 1320 & THE FLOAT THAT IS COMING." BY FRANK26, 22 JULY

 KTFA

FRANK26: "THE GAP IS BETWEEN 1320 & THE FLOAT THAT IS COMING."........F26

Economist draws a map to reduce the gap between the official and parallel dollar rates

7/13/2024

  
An economic expert stressed the need for the Central Bank of Iraq to address the difference in the official dollar exchange rate and the local {parallel} market.

 

Mustafa Akram told {Euphrates News} agency that "the dollar exchange rate from the Central Bank is 1320 dinars, and if it reaches 1350 dinars, we can say that it is in a state of relative stability, but more than these rates are considered a risk in the exchange rate or a gap."
He explained that "this issue requires the Central Bank to dismantle the contents of the parallel market and not fight it for security reasons, by identifying platforms for imports, and identifying types of electronic payment cards for travelers to countries where the sale of dollars is prohibited, as these cards work in the currencies of those countries."
Akram pointed out "the identification of public agency companies that give dollars to retail traders and imports are done through them, and stability and credibility are the basis for work in dismantling the parallel market. This gives greater confidence to the international community and avoids accusations."  He
called on "the Central Bank to gather the scattered papers and for foreign trade to be less than the current one by supporting industry and agriculture and reducing equations. This is the direction that should be."

Raghad

LINK

Coffee with MarkZ. 07/22/2024


PDK Note:  I only transcribe RV/Financial news and intel. Not political opinions or most guests on this podcast.    If a podcast is mostly political…I may not post at all. Thank you 

MarkZ  Update- Some highlights by PDK-Not verbatim

MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context.  Be sure to consult a professional for any financial decisions

Member: Good morning everyone!

Member: Good morning, fellow dreamers! *sigh* Can we finally cross the finish line, please?

Member: Hopefully some positive news this week

Member: Hopefully an RV this week!!

MZ: There is so much going on this morning. 

MZ: There are all these rumors that they have the rate- but we can’t go to the bank yet. So take them with a bit of salt this morning. 

MZ: Some bond folks have a couple important meetings today. Hope to later hear something positive on what/s really going on. 

Member: Did your redemption center folks work on the weekend?

MZ: I know they were at work…but don’t know what they did. 

Member: Judy Byington reports today that the stockmarket is crashing

Member: Mark do you feel that Iraq will use all 30 days to make their decision on their ascension into the WTO??? Thanks

Member: Frank says they don’t need the WTO to do the rate change…..it could happen at any time. 

Member: (From Dinar Guru) Guru Nader From The Mid East  You heard them talking about corruption.  They're going to clean it up but it's going to always be there.  It's everywhere.  It's in America.  It's everywhere in the world.  It's in Europe.  It's here.  Corruption is  corruption, the biggest corrupt people you cannot clean them cuz they have powers...You can't do anything against them.  

Member: Mark Z, how long can Iraq keep going without a new rate and how long can the investors go without getting upset for all the projects they want to make money on?

Member: I went to chase Saturday, they will buy my dong but would not sell me any. The teller looked surprised because he hadn’t seen this before. Very interesting.

Member: Bank story from Australia: Sunday morning I saw a bunch of employees leaving one of the branches of Suncorp bank (one of our big 4 banks in Australia). Very odd- banks are shut on Sundays.

MZ” I know of a lot of banks with meetings…Are they preparing for a banking crash? Are they preparing for a Re-valuation? What are they preparing for??? I don’t think it’s a banking crash because they keep opening up wealth management offices?  To me it makes more sense that they are preparing for a revaluation. 

Member: Sure seems like right now- something big is happening every day

MZ: Right…with all the diversions this is a great time - They could reset the banking system …change the values….and nobody would notice except for us . Distractions are thick. 

Member: Kim Clement prophesied strange July strange July ten years ago for now .

Member: Looks like all the pieces of the puzzle are finally coming together. I am finally getting excited. 

Member: A SMILE IS CONTAGIOUS, HELP SPREAD A SMILE TODAY!!

Member: See you all tonight

THE CONTENT IN THIS PODCAST IS FOR GENERAL & EDUCATIONAL PURPOSES ONLY&NOT INTENDED TO PROVIDE ANY PROFESSIONAL, FINANCIAL OR LEGAL ADVICE. PLEASE CONSIDER EVERYTHING DISCUSSED IN MARKZ’S OPINION ONLY

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Iraqi Dinar Guru News Highlights (7/22/24)

"EXCHANGE COMPANIES IN IRAQ ARE BEING TAMED BY SUDANI!!!" BY FRANK26, 22 JULY

 KTFA

FRANK26: "EXCHANGE COMPANIES IN IRAQ ARE BEING TAMED BY SUDANI!!!".........F26

Determining a new commission for banks and exchange companies from Iraqi travelers.. Document

7/13/2024

The Central Bank of Iraq has set the commission of banks and exchange companies from travelers at only 25 thousand dinars.      

An official document issued by the Central Bank, which Shafak News Agency reviewed, showed that it decided that the administrative commission for banks and exchange companies operating in airports would be 10,000 dinars instead of 15,000 dinars for each transaction.                                

The document added that exchange companies collect 15 thousand dinars for each transaction. 

She explained that the total lump sums of 25 thousand dinars will be received from the traveler from the citizen when he makes a purchase from exchange companies by entering his information through the financial transactions platform.                                                

She pointed out that the exchange companies will settle with the companies and banks operating at the airport later, indicating that the commissions will be reviewed after 6 months.

 

TRANSLATION:

Central Bank Of Iraq
 
You have a public vehicle
Al-Rafidain Bank, Al-Rasheed Bank, Iraqi Trade Bank, Fenty Exchange Companies (A, B)
M commission
Later in our circular numbered 8/9/302 dated 6/30/2024, and regarding what was stated in paragraph (2) thereof.
We would like to inform you that it has been decided that the administrative commission for banks and exchange companies operating at airports will be in the amount of (10,000) ten thousand dinars instead of (15,000) dinars (fifteen thousand dinars) for each transaction, and the exchange companies will collect a commission in the amount of (15,000) dinars. (000) dinars (fifteen thousand dinars) for each transaction, and the total amount of the lump sum commission amounting to (25,000) dinars (twenty-five thousand dinars) is received from the citizen when he makes a purchase from exchange companies and enters his information on the financial transactions platform (FITR) so that the mentioned companiesThe settlement will be made with the bank or company operating at the airport later, and the above commissions will be reviewed after (1) months.
with respect .
.

LINK

"THERE'S A $2.98 RATE ON IRAQ DINAR" BY RV HIGHLIGHTS, 22 JULY

 RV HIGHLIGHTS

TNT reportedly had two confirmed bank storys that people of his went into Wells Fargo in Vegas and we're told there's a $2.98 rate on Iraq Dinar. 


They also reported that ZIM was the "sleeper currency" (that it's actually going to be redeemed) but that there was a capital gains document that would have to be signed claiming 20% tax to be collected in 2025.


 That was apparently for ZIM. 


There are treaties in place for Dinar and I believe Dong.


 So for what it's worth, Tony says that the "event" (meaning a rate on bank screens) has already occurred but that authorization hasn't been given to start RV. 


I don't know how this Wells Fargo was able to offer anyone anything prior to us all getting word

Jon Dowling & Dave Mahoney Moving Forward With The RV

TIDBIT FROM FRANK26, 13 NOV

  Frank26  The monetary reform policy is being introduced to you Iraqi citizens on a daily basis isn't it.     It's is my hope.  It ...