SANDY INGRAM : Iraq Good News Growth Pattern; COP Currency Investment How to:

Iraqi Negotiating Committee with America Stresses Transferring the “Military” Relationship to an Economic Partnership, 27 OCT

Iraqi Negotiating Committee with America Stresses Transferring the “Military” Relationship to an Economic Partnership

Shafaq News/ The Supreme Coordination Committee for the Strategic Framework Agreement for Friendship and Cooperation with the United States of America stressed the need to move the relationship with Washington to an economic partnership and not focus on military affairs.

This came during the committee’s regular meeting, headed by Foreign Minister Fuad Hussein, today, Sunday, in the presence of all representatives of the subcommittees within the Supreme Committee, according to a statement by the committee received by Shafaq News Agency.

The statement said, “During the meeting, the latest developments in bilateral relations between Iraq and the United States of America were discussed, in addition to reviewing the achievements approved during the last meetings between the two parties in mid-April in Washington, DC. The future working papers that will be discussed during the upcoming meetings of the committee, scheduled to be held in February of next year, were also discussed within the agreed upon axes, which include cooperation in the fields of politics and diplomacy, security and defense, energy, economy, education, health, and the environment.”

The Foreign Minister stressed the importance of strengthening relations with the United States of America by implementing the provisions of the agreement, and moving the relationship to a solid economic partnership. He also stressed the need not to focus only on military and security aspects, but rather to expand cooperation to include economic, health, educational, and other fields.

shafaq.com

Instructions for Level 4B holders BY BRUCE, 27 OCT (ENGLISH & SPANISH)

Instructions for Level 4B holders

Bruce Line Redemption Table Quotes

GENERAL INFORMATION

1. The exchange/purchase/redemption process has been simplified and will be easy and straightforward. The appointment alone

It will last about 20-45 minutes. You'll be in and out quickly.

2.You will receive the relevant instructions for the appointment through a message written by our group of Followers or by email when we are given the green light to do so.

3.Follow the instructions provided in the message or email, which will tell you which toll-free phone number to call (#800) and/or which website to access.

4.The call may ask you to verify who you are by answering questions based on publicly available information. This process is similar to when you apply online to open a bank account or loan.

5.You may be required to electronically sign an NDA (Confidentiality Agreement/Non-Disclosure Agreement). Read carefully so you understand what you are agreeing to. The NDA is to protect you. Print a copy for your records and for future reference. When you attend

At the appointment, you will sign a printed copy of the NDA.

6.It is hoped that by calling that #800 you will be able to schedule an appointment for the exchange/sale/redemption of your assets. The number you call may correspond to a specific region or location. You will be asked to provide the zip code that corresponds to your address or location

where you wish to make your appointment if it is different from your home, so that you can be directed to the

nearest location.

7. When you call, you may be asked if you have Zimbabwe Bonds (Zim). This is because not all locations will be able to redeem Zim. NEVER say how much you have, and legally they can't ask for it.

8.You can redeem in any country. You do not need to make your exchange/sale/redemption in your home city, state or country. It is recommended that if you live in a small town, you go far enough from home so that they do not recognize you. This is for your safety. There are no restrictions

if you want to go to another country.

9.What to bring to the appointment:

A. 2 photo IDs: driver's license, passport, government ID or

anything with your photo

B. 2 recent copies of account statements, utility bills to verify your

address.

C. D. If you are homeless or have no permanent address, explain this at the appointment.

Social security card and/or birth certificate. These may not be necessary,

but carry it especially if you don't have a photo ID.

E. If you have a bank account with a level 1 bank (HSBC, Santander, BBVA, etc.), take your

account number and account number (a recent statement or blank check

that has that information).

F. If you have a trust, bring a copy of the cover pages and the registry, in case of

be registered/certified by a notary. You can carry the entire trust, but only

They should need copies of those pages.

G. Currencies/Bonds: carry them separately by country and denomination, from large to small, in

the same address. If you have coins, place each one in a small plastic bag.

H. If you have a lot of coins or a lot of bonuses, it is recommended that you create a tally sheet

of the amount of each coin/bonus you have.

10. Allow yourself plenty of time beforehand. Identify where you are going and where you can park if you

you find yourself in a big city/urban area. If you ask for a ride, ask someone for it

trustworthy or use a regular taxi service, preferably do not use Uber type services,

Didi or Lyft.

11. Don't share the purpose of your date or what you're doing with anyone.

SPANISH

Indicaciones para tenedores Nivel 4B

Citas en mesa de redención de la línea de Bruce

INFORMACIÓN GENERAL

1.  El proceso de canje / compra / redención ha sido simplificado y será fácil y directo. La cita solo

durará unos 20-45 minutos. Entrarás y saldrás rápidamente.

2.Recibirás las indicaciones pertinentes para la cita mediante un mensaje escrito por nuestro grupo de Seguidores o por correo electrónico en el momento que se nos de la luz verde para  ello.

3.Sigue las instrucciones proporcionadas en el mensaje ocorreo electrónico, donde se te indicaráa qué número telefónico gratuito llamar (#800) y/o a qué página web acceder.

4.Es posible que en la llamada se te solicite que verifiques quién eres respondiendo preguntas basadas en información disponible públicamente. Este proceso es similar a cuando presentas una solicitud en línea para abrir una cuenta bancaria o un préstamo.

5.Es posible que debas firmar electrónicamente un NDA (Acuerdo de confidencialidad /Acuerdo de no divulgación). Lee atentamente para que comprendas lo que estás aceptando. El NDA es para protegerte. Imprime una copia para tus registros y para referencia futura. Cuando asistas

a la cita, firmarás una copia impresa del NDA.

6.Es de esperar que en la llamada a ese #800 puedas programar una cita para el canje / venta / redención de tus activos. El número al que llames puede corresponder a una región o ubicación específica. Se te pedirá proporcionar el código postal que corresponde a tu domicilio o lugar

donde desees llevar a cabo tu cita si es distinto al de tu domicilio, para que se te dirija a la

ubicación más cercana.

7. Cuando llames, es posible que se te pregunte si tienes bonos de Zimbabwe (Zim). Esto se debe a que no todas las ubicaciones podrán canjear Zim. NUNCA digas cuánto tienes, y legalmente no pueden pedirlo.

8.Puedes canjear en cualquier país. No es necesario que realices tu canje / venta / redención en tu ciudad, estado o país de origen. Se recomienda que si vives en un pueblo pequeño, te alejes lo suficiente de casa para que no te reconozcan. Esto es por tu seguridad. No hay restricciones

si deseas ir a otro país.

9.Qué llevar a la cita:

A. 2 identificaciones con foto: licencia de conducir, pasaporte, identificación del gobierno o

cualquier cosa con su foto

B. 2 copias recientes de estados de cuenta, facturas de servicios públicos para verificar tu

dirección.

C. D. Si no tienes hogar o no tienes dirección permanente, explícalo en la cita.

Tarjeta de seguro social y / o acta de nacimiento. Es posible que estos no sean necesarios,

pero llévalo especialmente si no tienes una identificación con foto.

E. Si tienes una cuenta bancaria con un banco de nivel 1 (HSBC, Santander, BBVA, etc.) lleva tu

número de cuenta y número de cuenta (un estado de cuenta reciente o un cheque en blanco

que tenga esa información).

F. Si tienes un fideicomiso, lleva copia de las páginas de portada y la del registro, en caso de

estar registrado /certificado por notario. Puedes llevar el fideicomiso completo, pero solo

deberían necesitar copias de esas páginas.

G. Divisas / Bonos: llévalos por separado por país y denominación, de grandes a pequeños, en

la misma dirección. Si tienes monedas, coloca cada una en una pequeña bolsa de plástico.

H. Si tienes muchas monedas o muchos bonos, es recomendable que crees una hoja de conteo

de la cantidad de cada moneda / bono que tienes.

10. Permítete un montón de tiempo antes. Identifica adónde vas y dónde podrás aparcar si se

encuentras en una gran ciudad / área urbana. Si pides que te lleven, solicítalo a alguna persona

de confianza o utiliza un servicio de taxi regular, de preferencia no uses servicios de tipo Uber,

Didi o Lyft.

11. No compartas con nadie el propósito de tu cita o lo que estás haciendo.

IRAQ PM CONFIRMS DINAR REVALUATION

"REALLY???... ASK... THE CITIZENS LOL" BY FRANK26, 27 OCT

 KTFA

FRANK26: "REALLY???... ASK... THE CITIZENS  LOL" .....F26

Why is the US dollar exchange rate fluctuating?

 

10/23/2024

Samir Al-Nusairi 

Once again, the fluctuation in the US dollar exchange rate has returned to the forefront, and this time it is due to speculators and merchants of crises and wars, exploiting the war currently being waged by the Zionist entity against our Arab people in Palestine and Lebanon and the confusing security situation resulting from that.

The current level is above 1,500 dinars on the black market, 
and the continuation of this problem from time to time can be attributed to several reasons, including before 2023 the lack of control over the organization of foreign trade financing and the lack of a clear trade policy, the entanglement of policies and the lack of an annual import program for the private sector in terms of quantities and amounts, but imports are open and without controls on external transfers.

In addition to "the lack of control over illegal imports and unofficial border crossings, as well as the presence of about 1,200 exchange offices spread across all governorates that are not licensed by the Central Bank and deal in cash dollars and about 12,000 outlets for disbursing pensioners' salaries and social care that deal with its exchange rate on the black market."

And that "most traders who obtain the US dollar at the official price from the Central Bank, but they sell their goods in the local market at the black market price, as well as the lack of global correspondent banks previously dealing with our banks and accounts were not opened for them in the currencies of countries with which we have extensive trade exchange such as China, India, Turkey and the Emirates."

Also, "the failure of traders and some Banks with international banking standards that guarantee the dollar's arrival to the final beneficiary, therefore the efforts of the Central Bank and the government in 2023 focused on drawing up a strategy for financial and banking reform in order to control the stability of the exchange rate.
“Among the axes of this strategy are organizing foreign trade financing, building new international understandings with global banks, and opening accounts for our banks in correspondent banks, as more than 30 accounts have been opened with American, Chinese, Emirati, Turkish, and Indian banks. We expect that during the next two months the number of Iraqi banks that have accounts in correspondent banks will increase due to the efforts made by the Central Bank to provide aid and assistance to them and coordinate with the targeted correspondent banks.

“Opening dealings with local currencies such as the Chinese yuan, the European euro, the Emirati dirham, the Turkish lira, and the Indian rupee in foreign transfers with the aim of reducing the demand for the US dollar, in addition to taking measures in cooperation between the Central Bank and the government to comprehensively expand the digital transformation from the cash economy to the digital economy and stimulate the use of electronic payment tools. This strategy aims to “put pressure on speculators dealing in cash dollars in the black market and limit their activities that harm the national economy, which was discussed in the Prime Minister’s specialized economic meetings in the presence of the Minister of Finance, the Governor of the Central Bank, advisors, and directors of government and private banks.

It must be noted here that "the availability of foreign exchange reserves for the Central Bank exceeding 100 billion dollars and a gold reserve exceeding 143 tons confirms that the Iraqi dinar will recover and that it is strong, since the local currency in circulation is covered by the foreign exchange reserve, in addition to the other executive measures to support and stimulate the local product and control the monetary market and the commercial market, which will control the exchange rate, as I expect in the near future."

LINK

TIDBIT FROM PIMPY, 27 OCT

 Pimpy 

  [Referent Guru Nader post below]  

 It [The dinar on Forex] went from 1320 to 745 for every dollar so that's 54% increase in value.  Woo!  Man that's really good.  It's not where everybody  wants to be but still a nice jump in value.  It's looking good.  I really think it's looking good.  I just try to keep people grounded...

There is weird activity.  Nobody really knows what it means but that is one hell of a jump, a 54% increase in value...I don't know what's going on... It is exciting because this is right on the heels of the information...

that they're lifting restrictions [on foreign exchange in Iraq] and then all of a sudden this happens.  This is like one day apart...All of a sudden next day there's a spike.  Could be something, could be nothing...Everybody knows it's close so it's hard not to get excited.

JEFF: " THE RATE WILL CHANGE ON A SUNDAY MORNING" @DINARREVALUATION