Thursday, October 24, 2024

TIDBITS FROM MNT GOAT, 24 OCT

 Mnt Goat 

 We must remember that the RV is not an event by itself that will just happen someday but it is a byproduct of the reforms...It can not happen without the reforms and one of the reforms (besides all the banking, insurance and stock market reforms) is the currency reform. The Project to Delete the Zeros will begin the final stage...

if these strategies are completed the likelihood of seeing the IQD on FOREX again is extremely high. I believe it is inevitable...

When it is time, it will be on FOREX and with the kind of rate we all anticipate. Today the IQD rate in the Quantum Financial System (QFS) is $3.96.

 When they decide to allow the IQD back on the exchanges, the rate will be mapped over to the exchanges from the QFS.

DINARLAND UPDATE @DINARREVALUATION #iraqidinar

"MONETARY REFORM CONSTANTLY PATROLLED" BY FRANK26, 24 OCT

 KTFA

FRANK26: "MONETARY REFORM CONSTANTLY PATROLLED"........F26

Withdrawing the license of Al-Mubdi Company and Al-Nawaeer Company for brokering the sale and purchase of foreign currencies



October 22, 2024




♦ The Central Bank of Iraq decided to withdraw the license of Al-Mubdi’ Company and Al-Nawaeer Company for brokering the sale and purchase of foreign currencies . For more  , click here.

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LINK

TIDBIT FROM MARKZ, 24 OCT

  MarkZ  

 [via PDK] 

   “Iraq Trade Bank opens a new branch in Baghdad” 

  The Iraqi Trade Bank‘s goal is to expand into other incomes outside of oil revenue…and loans for those businesses. 

This is part of the deep commitment Iraq has given to diversify its economy so it can justify a higher rate. It’s all in their white papers.

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

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

DINARLAND UPDATE: " THEY ARE PREPARING FOR BEGIN THE PROCESS OF DELETE Z...

Wednesday, October 23, 2024

"SUDANI AND THE CBI CONTROLLING ALL IRAQI BANKS... FOR THE MONETARY REFORM"....F26 BY FRANK26, 24 OCT

 KTFA

FRANK26: "SUDANI AND THE CBI CONTROLLING ALL IRAQI BANKS... FOR THE MONETARY REFORM"....F26

The Central Bank of Iraq approves changing the activity of the Commercial Bank of Iraq

 

10/22/2024

Baghdad
 

The Central Bank of Iraq has agreed to change the activity of the Commercial Bank of Iraq to Islamic.

According to a document issued by the Central Bank, obtained by Al-Eqtisad News,  “We would like to inform you that the activity of the Commercial Bank of Iraq has changed from a (traditional) commercial activity to an (Islamic) activity, in accordance with the bank’s official letter model.”

Below is the document:

LINK

TIDBIT FROM MILITIAMANM 24 OCT

 Militia Man  

The reconstruction of a war torn country is massive...

If you've been invested in this for a long period of time and done your research you know back in World War II we had Germany, Japan, what happened to those countries?

  They got destroyed, sadly, but...they build them back to powerhouses.  Iraq's going to be another powerhouse...

The Development Road is going to support that.  It's going to be huge.

AL-ZIDI’S GOVERNMENT WINS THE CONFIDENCE OF THE HOUSE OF REPRESENTATIVES AND TAKES THE CONSTITUTIONAL OATH

AL-ZIDI’S GOVERNMENT WINS THE CONFIDENCE OF THE HOUSE OF REPRESENTATIVES AND TAKES THE CONSTITUTIONAL OATH The House of Representatives gran...