DINAR REVALUATION

Wednesday, December 11, 2024

The Central Bank announces the launch date of {Riyada} Bank for lending to small projects, 12 dec

The Central Bank announces the launch date of {Riyada} Bank for lending to small projects

The Central Bank of Iraq announced on Wednesday the date of launch of {Riyada} Bank to support small and medium enterprises.

“The Governor of the Central Bank of Iraq received a delegation from the International Finance Corporation, and discussed the importance of launching Riyada Bank during the next year, which will support projects with small and medium-sized loans in line with the government’s vision of supporting the graduate segment and entrepreneurs and developing labor markets,” a statement from the Central Bank’s media said.

The Governor of the Central Bank of Iraq, Ali Al-Alak, announced on October 14, the announcement of the imminent launch of the services of {Al-Riyada Bank for financing small projects.

Al-Alak explained at the time that “Riyada Bank will be a different bank through its non-traditional products that will contribute to creating job opportunities for multiple social groups.”

MAJEED: " And as what brother Ariel said IQD will go with crypto at the same time" , 12 DEC

MAJEED

A crypto exchange announced that RLUSD will be live within 48 hours.

And as what brother Ariel said IQD will go with crypto at the same time. And that’s why the CBI will have no remittance auction starting Sunday LFGGGGG

---LINK OF ARIEL POST: https://dinarevaluation.blogspot.com/2024/12/ariel-from-patriot-dave-why-xrp-ruling.html

BARATEL: " THE RV HAPPENING NOW IN COUNTRY FOR IRAQI CITIZENS" @DINARREVALUATION #iraqidinar

JENTEL SHORT: " Its Saturday for the announcement of the rate in the Gazette." @DINARREVALUATION

FRANK26: ALSO, WITHOUT THE REFORMS IT WOULD'VE BEEN IMPOSSIBLE", 12 DEC

KTFA

FRANK26: ALSO, WITHOUT THE REFORMS IT WOULD'VE BEEN IMPOSSIBLE".....F26

Al-Sudani: Choosing Baghdad as the capital of Arab tourism would not have been achieved without the great sacrifices of the Iraqis

12/20/2024

Baghdad

Prime Minister Mohammed Shia Al-Sudani congratulated, on Tuesday, the Arab Tourism Organization’s selection of the beloved capital, Baghdad, the city of civilization, history and culture, to be the Arab Tourism Capital for the year 2025.

The Prime Minister said in a tweet on "X", followed by "Economy News", that "we congratulate all Iraqis on the Arab Tourism Organization's selection of our beloved capital, Baghdad, the city of civilization, history and culture, to be the capital of Arab tourism for the year 2025."

He added: "We extend our thanks to everyone who contributed to this selection, as we confirm our continuation of the programs and projects that our government launched, since the beginning of its executive duties, to raise the level of services, and modernize the infrastructure in the capital, to be at a level befitting it and Iraq."

He continued: "This would not have been achieved without the great sacrifices of the Iraqis, and the great victory over terrorism that resulted in security and societal stability, which we invested in improving Iraq's external image, and openness in relations within the approach of productive diplomacy that represented a pivotal point for our government in its international relations."

LINK

ARIEL : From Patriot Dave: Why The XRP Ruling Is Important , 12 DEC

ARIEL

From Patriot Dave:  Why The XRP Ruling Is Important 

Quote: "XRP court ruling is official to the public.  When the new QFS system moves money it will be on a DLT and using XRP to move money.  Can you move trillions of dollars around the world with a .60 XRP?

 Hell no!  Not only is XRP going to move up in price. this court decision, in my estimation, needed to be made final to the public before all RV money is released since XRP is the vehicle which will move all money.....

in other words XRP is paired with the IQD and essentially all other currencies worldwide...now funds can be released...this was huge for XRP and the RV as well." End quote. 

Now do you all see the bigger picture? Remember I told you all the IQD was paired with XRP? 

Prolotario1: XRP is designed to facilitate quick and low-cost cross-border transactions, making it attractive for use in international markets. If the Iraqi Dinar (IQD) were to be reinstated and traded internationally, using a digital asset like XRP could facilitate faster and more efficient currency exchanges. This efficiency is vital for a currency like the IQD, which seeks to gain stability and trust in the global market. 

There is a reason why Elon Musk wants to join the D. Trump administration people. Think about the implications of the interview next week. 

From http://Rappler.com The mention of a new Quantum Financial System (QFS) implies a shift towards decentralized and digital-led financial infrastructures. In such systems, Distributed Ledger Technology (DLT) and cryptocurrencies like XRP could play a pivotal role in ensuring transparency, speed, and cost-effectiveness in financial transactions. The integration of XRP into such a system could support the IQD by providing a robust framework for international trade and investment​. 
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As XRP becomes more integrated into global financial systems and paired with major currencies like the IQD, its demand could increase, potentially driving up its value.

 A higher XRP value would enhance its utility as a bridge currency in significant financial transactions, supporting its role in moving large sums of money efficiently.