DINAR REVALUATION

Wednesday, October 23, 2024

REINALDO JC: "The Iraqi Govt already has the NEW Dinar rate" @DINARREVAL...

"ONLY A HANDFUL OF BANKS ARE LEFT... FOR THE MONETARY REFORM." BY FRANK26, 23 OCT

KTFA

FRANK26: "ONLY A HANDFUL OF BANKS ARE LEFT... FOR THE MONETARY REFORM.".......F26

Rafidain Bank directs its branches to facilitate the completion of citizens’ transactions and address their issues

10/22/2024

Baghdad - WAA:

Rafidain Bank directed its branches, today, Tuesday, to facilitate the completion of citizens' transactions and address their issues.

The media office of Rafidain Bank stated in a statement received by the Iraqi News Agency (INA) that "within the framework of implementing the government program related to following up on citizens' affairs, the Director General of Rafidain Bank, Ali Karim Hussein, conducted an inspection tour that included a number of the bank's branches. The aim of this tour is to review the progress of banking work and ensure its smoothness in those branches."
He added that "during the visit, the Director General of the bank met with a group of citizens, where he listened to their requests and suggestions to improve the level of services provided to them and work to overcome the obstacles they face in accordance with the legal instructions and procedures."
He continued, "The Director General of Rafidain Bank directed to facilitate the completion of citizens' transactions," stressing "the importance of improving the workflow in the bank and enhancing direct communication with citizens in order to address their issues effectively."

LINK

EXCERPTS FROM MARKZ: THE IQD RATE ON THE QFS IS $3.96!! IS WHAT IM EXPECTING TO SEE, 23 OCT

EXCERPTS FROM MARKZ: THE IQD RATE ON THE QFS IS $3.96!! IS WHAT IM EXPECTING TO SEE

Member: M.Bara says he knows 2 Whales who have been paid.

Member: From Frank26: Sounds like the rates have been set for the dinar and dong.

MZ: I absolutely assume they know what they are going to be. But, that doesn’t do us any good until we can go to the bank

Member: Mark, did you see the IQD, the Ruppee, the Rubbel, and the VND get brief SPIKES in value yesterday, all at the same time, and then they went back to normal... Seems like someone is "testing"!

Member: From Mnt Goat: The IQD rate on the QFS is $3.96!!

MZ: That is well within the range that I am expecting to see.

RAYREN98: SOME BANKS EXPECT SOME ACTION SOON @DINARREVALUATION

Sudanese Advisor: The government succeeded in attracting investments worth $100 billion, 23 OCT

Sudanese Advisor: The government succeeded in attracting investments worth $100 billion

Mawazine News – Baghdad

Prime Minister’s Advisor for Investment Affairs, Mohammed Al-Najjar, confirmed on Wednesday that the Iraqi government has achieved great success in attracting investments worth up to $100 billion during the past two years, pointing out that there are more large projects in various sectors.

Al-Najjar, who also holds the position of director of the Iraq Fund for Development, explained that the contract, which was recently signed with Al-Suwaidi Electric Company, includes investments worth $5 billion and the establishment of three industrial cities in Iraq.

He added that the contract includes the opening of an international Iraqi joint fund specialized in the introduction of industry and advanced education for the country, within the projects of establishing an industrial and economic city aimed at attracting investors in addition to various other projects.

Al-Najjar pointed out that “the contract is a pioneer of its kind”, as it will enable the fund to represent the Iraqi government side, which will open up investment opportunities for local and Iraqi investors and Gulf funds to prepare another fund for the localization of the smart industry in Iraq.

He explained that there are three possible areas for the economic city site, taking into account the service of labor and the surrounding cities and governorates, as options are currently being studied in central and southern Iraq.

The Iraq Fund for Development had earlier announced the signing of a memorandum of understanding with Al-Suwaidi Electric International Company, which aims to establish an Iraqi investment fund under the name of “Empotization Fund” to attract local and international investments to develop strategic projects in several sectors, in addition to developing economic alternatives in the fields of agriculture, industry and services, in order to reduce dependence on oil.

https://mawazin.net/Details.aspx?jimare=256160

EXCERPTS FROM MARKZ: MY SOURCES CONTINUE TO SAY RIGHT BEFORE THE ELECTIONS, 23 OCT

EXCERPTS FROM MARKZ: MY SOURCES CONTINUE TO SAY RIGHT BEFORE THE ELECTIONS

Member: Do u think maybe this year for the RV Mark still?

Member: I have prepared myself for at least after elections……if not a little later….

MZ: Many people think that….Mr. C thinks that….My sources continue to say right before the elections.

Member: Any news from historic bonds yet?

MZ: I’m not expecting any news until this evening.

They have some big meetings this evening.

I believe somewhere around 7 pm est this evening. I do expect one heck of a bond update to give us a solid idea of what to expect on timing sometime late tonight or in the wee hours of the morning.