Saturday, July 27, 2024
The US Federal Reserve Adopts A New Strategy Towards Iraq.. The Dollar Is Threatened To Rise To Unprecedented Levels, 28 JULY
Economy 2024-07-25 | 7,697 views Alsumaria-special Economic researcher Ziad Al-Hashemi revealed new information about the US Federal Reserve’s policy towards Iraq, anticipating a rise in the dollar against the dinar, which will generate great pressure on the Iraqi banking system. Al-Hashemi told Al-Sumaria News,
“Some information from within the corridors of the Central Bank of Iraq indicates that the US Federal Reserve has adopted a strategy different from its previous strategies towards the Iraqi economy,” noting that “this strategy will be more stringent and depend on three axes:
there is no lifting of the sanctions against them, meaning that
these banks will continue to be prevented from trading in the dollar indefinitely.
The second axis: closing banks that continue to violate federal controls related to money laundering and dollar smuggling, and supporting sanctioned entities and countries.
The third axis: Preventing the Iraqi government from interfering in the dollar file, and that
this file be in the hands of the Central Bank of Iraq only. He stressed that
"the last axis explains that the Federal Bank monitored the presence of political influences from the Iraqi government," pointing out that
"the Iraqi Central Bank today is in a very embarrassing situation and is almost in trouble through internal pressures on it to obtain a larger space for the dollar and its circulation." He stressed,
"The Central Bank will only have the ability to delay and postpone federal procedures for the longest possible period of time, while achieving temporary protection for the Iraqi banking system and the Iraqi dinar." He stated,
"The American Federal Reserve will not be able to wait forever, and
it is expected that there will be federal measures that may occur at any moment, and
there will be a sudden and large demand for the dollar, which will lead to a decrease in the value of the Iraqi dinar against the dollar, which will generate great pressure on the banking system." "The Iraqi economy, the Iraqi economy, and the formal political system."
https://www.alsumaria.tv/news/economy/494898/الفدرالي-الأميركي-يتبنى-ستراتيجية-جديدة-تجاه-العراق-الدولار-مهدد-بالار
RV UPDATE BY MILITIAMAN, 28 JULY
Militia Man
Iraq's got a massive amount of dollar reserves/foreign reserves. They've increased their gold supply...That suggests they're in good shape. They've got some security and...stability. I think everybody's starting to realize security and stability has been a big focus...It is coming to that stage where we're going to see more resulting in a far bigger way.
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Militia Man
All this time they've been doing all these meeting in Washington. About 48 hours ago they have come up with an agreement...to reduce forces...Alaq went to Washington about 10 days ago, unannounced visit. He met with the US Treasury and the US Federal Bank, had to do with exchange rates...other currencies...They're going to be talking about...banking, finance, development, sovereign guarantees ... Ultimately, Iraq is going to have bilateral relations in security with the U.S. in finance, development, all those things.
Militia Man
I think Iraq's pretty hot right now... Sudani...is kicking butt and taking names...Everybody's got an interest because the Development Road Project is going to provide a lot of opportunities for a lot of different people in the region. The world has realized how far along he is... Sudani is knocking out of the park...He's setting the stage or the development road project to begin. It's starting up on fire. It's going to be great.
Militia Man
They haven't started oil pumping and you have to ask yourself, why? Because they need revaluation for that and I think that's what we're waiting for. Is that some sort of delay? I don't think so. I think the inner connectivity of the most complex revaluation situation in the history of mankind...is complex.
Militia Man
I think when they say, "Whose operations are constantly expanding in favor of dealing at the fixed official exchange rate", is an argument suggesting that instead of being a floating currency...they're leaning towards a fixed official exchange rate for some time...
Iraq has been and is seeking to join the World Trade Organization...Iraq is promoting self-sufficiency. Why? Because they have all kinds of assets. They have inputs and outputs. They have so many natural resources that they're going to be able to make things, to be able to have excess...There's a working party on accession of Iraq [into the WTO] on the 18th of July. That's important.https://dinarevaluation.blogspot.com/2024/07/latest-from-militiaman-10-july_0131313577.html
"ABOUT THE GRAND FAW PORT IN SOUTHERN IRAQ WITH TURKEY BORDER AND EUROPE" BY ARIEL, 27 JULY
ARIEL
Absolutely. It will link the Grand Faw Port in southern Iraq to Turkey's border and further into Europe.
The project aims to turn Iraq into a transit hub, shortening travel time between Asia and Europe in an attempt to compete with Egypt's Suez Canal.
This is what will make Iraq more powerful than Israel.
Because this is what they are fighting so hard to accomplish in Palestine. But Israel can't because Saudi Arabia is in the way.
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Ariel
@Prolotario1
To IQD Holders - This development is extremely important to your investment and the anticipation of the IQD on the Forex Market.
The recent inclusion of the CME CF Internet Computer-Dollar (ICP-USD) and XRP-Dollar (XRP-USD) Reference Rates and Real-Time Indices into the suite of benchmarks offered by the CME Group.
This development, effective from July 29, marks a significant milestone in the global financial landscape, and it holds particular importance for the Iraqi Dinar (IQD) and the ongoing monetary reforms. This is basically the reason stable coins are so important.
The establishment of transparent and reliable reference rates and real-time indices for XRP will enhance the overall stability and transparency in cryptocurrency markets. As these markets become more stable and predictable, it reduces the risks associated with volatile price movements. ;
This stability is crucial as they explore integrating cryptocurrencies like XRP into their financial system. XRP's pairing with major currencies such as the US Dollar (USD) and now potentially the IQD will significantly increase liquidity and market access.
For the Iraqi Dinar, this means improved foreign exchange market operations and potentially more favorable exchange rates due to increased demand and trading volume.
XRP is designed to facilitate faster and more cost-effective cross-border transactions. By aligning IQD with XRP, Iraq can leverage these advantages to improve their international trade and remittance flows.
This can lead to reduced transaction costs and time, benefiting the broader Iraqi economy. The pairing of XRP with IQD on the Forex Market is expected to bring several positive changes. Here are a few.
The introduction of XRP-IQD pairs can lead to more stable exchange rates for the Iraqi Dinar. As XRP gains wider acceptance and usage, it can help buffer against extreme volatility often seen in currency markets. The enhanced transparency and stability provided by the new benchmarks can attract foreign investors to the Iraqi Dinar. Increased investor confidence can lead to higher capital inflows, supporting the Dinar’s value and stability.
This is why there have been meetings taking place over the past few days. I'll cover that below in the next post.
https://dinarevaluation.blogspot.com/2024/07/rv-update-to-iqd-holders-by-ariel-25.html
IQD/ Iraq dinar news BY RV HIGHLIGHTS, 27 JULY
RV HIGHLIGHTS
IQD/ Iraq dinar news
Based on everything I'm reading today it's looking like the Federal reserve is screwing Iraq through their own Central Bank.
Check this out
The US Federal Reserve adopts a new strategy towards Iraq.
❓And ask yourself why would the United States put pressure on an Iraqi banking system that has come so far?
❓Why does the Federal reserve believe there will be a sudden,large demand for the US dollar?
July 26, 2024
The US Federal Reserve’s policy towards Iraq, expecting the dollar to rise against the dinar, which will put great pressure on the Iraqi banking system.
Al-Hashemi told Alsumaria News that “some information from within the corridors of the Central Bank of Iraq indicates that the US Federal Reserve has adopted a strategy different from its previous strategies towards the Iraqi economy,” indicating that “this strategy will be more stringent and will depend on three axis:
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