CBI: Opening external channels with foreign currencies to eliminate the black market, 14 DEC

CBI: Opening external channels with foreign currencies to eliminate the black market

Baghdad - INA

Governor of the Central Bank, Ali Al-Alaq, confirmed today, Thursday, that opening channels in foreign and Arab currencies achieves stability in the exchange rate and gradually eliminates the black market.

The media advisor of the Trade Bank of Iraq (TBI), Aqeel Al-Shuwaili, said in a statement received by the Iraqi News Agency (INA): "The governor of the Central Bank visited the Trade Bank of Iraq and appreciated the bank's efforts to expand its customer base of importing merchants and the procedures to facilitate their transactions in a way that contributes to achieving stability in the exchange market."

The governor of the Central Bank stressed - according to the statement - the need to make efforts to achieve fluidity and provide the best banking services to the bank's customers.

The governor pointed out that "the Central Bank's continued opening of multiple external channels in foreign and Arab currencies achieves continuous stability in the exchange rate and gradually eliminates the black market."

TIDBITS FROM JON DOWLING , 14 DEC

 JON DOWLING 

Notice President Trump talks about Iraq, the street of Hormuz, Taiwan, how well have a great Christmas and a new year and the Golden age! Lots of comms here.

Iraq update. ‼️

Leaked audio of CBI Governor Al-Alaq talking about smuggling $250,000,000 daily through remittance and the rise of the dollar. 

… of course the CBI is denying this.  

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Sudani and the factions in Iraq are moving towards crossing the goal line. Rockets were shot off in the streets of Baghdad last night. We're watching from now through Sunday to see how this all plays out. 

Meanwhile, China deploys 90 Navy and Coast Guard ships near Taiwan. Sounds like Vietnam will benefit shortly from that. Hold onto your cryptos, especially XRP. Blackrock and Vanguard whales are trying to buy up the market share. Hold your position and don't allow them to intimidate you.

IRAQ PM CONFIRMS DINAR REVALUATION

On the relationship: Stability of the exchange rate gradually eliminates the black market, 14 DEC

 On the relationship: Stability of the exchange rate gradually eliminates the black market

The Governor of the Central Bank, Ali Al-Alaq, confirmed today, Thursday, the provision of the best banking services to customers, while pointing out the opening of channels in foreign and Arab currencies that achieve stability in the exchange rate and gradually eliminate the black market.

The media advisor of the Trade Bank of Iraq, Aqil Al-Shuwaili, explained in a statement followed by Al-Masry that “the governor of the Central Bank visited the Trade Bank of Iraq and appreciated the bank’s efforts in expanding its customer base of importing merchants and the procedures for facilitating their transactions in a way that contributes to achieving stability in the exchange market.”

He added that "the Governor of the Central Bank stressed the need to exert efforts to achieve fluidity and provide the best banking services to the bank's customers," noting that "the Central Bank's continued opening of multiple external channels in foreign and Arab currencies achieves continuous stability in the exchange rate and gradually eliminates the black market.

MILITIAMAN: There's 140 ambassadors already started arriving for a celebration in Basra, Why would they all be there? For what?, 13 DEC

 Militia Man

12 December 2024

There's 140 ambassadors already started arriving for a celebration in Basra. 

For what? A historic event inclusive, UNESCO, UNICEF, the World Bank, deputy ambassadors, etc etc.

 Why would they all be there? For what?

 Because they're going to showcase, for all the investors. 

What are they going to showcase? 

Iraq's basically sounding like they're going to open to the world.

 I don't know about you but I'm really excited! 

I've been white knuckling it for a few days. Let's watch what they do, let's watch what they say...

CBI ANNOUNCED THE IQD RV!!!! @DINARREVALUATION

The Securities Commission Warns Against Dealing With Fictitious Companies Claiming To Provide Stock Trading Services, 14 DEC

 The Securities Commission Warns Against Dealing With Fictitious Companies Claiming To Provide Stock Trading Services

Chairman of the Securities Commission Faisal Al-Haimas  Stock Exchange Economy News – Baghdad  The Securities Commission warned citizens, on Thursday, against dealing with fictitious companies that claim to provide online stock trading services.

A statement by the Authority, seen by Al-Eqtisad News, quoted its Chairman, Faisal Al-Haims, as saying, “These misleading companies that publish their advertisements on social media sites aim to exploit and deceive citizens.”

Al-Haimas called on "citizens to invest in the Iraqi Stock Exchange, where there is a safe investment environment and companies licensed by the Commission, subject to strict controls and laws set to protect investors and guarantee their rights."

He added, "The Iraq Stock Exchange includes reliable companies operating in various sectors, and provides promising investment opportunities. We invite everyone to visit the official website of the Securities Commission to verify the companies authorized to trade."

The Authority indicated that it "continues to monitor the market and take the necessary measures against illegal entities," stressing "the importance of being accurate and avoiding dealing with suspicious entities."  81 views  Added 12/12/2024 https://economy-news.net/content.php?id=50806