MARKZ: Iraq contact heard $3.48 for sat night to sun morning kick off! #iraqidinar #iqd

 

With The Stock Market Closing At The Beginning Of The Week, The Dollar Price Fell In Baghdad And Rose In Erbil

 With The Stock Market Closing At The Beginning Of The Week, The Dollar Price Fell In Baghdad And Rose In Erbil

May 24, 2025 Economic Number of reads: 88  Baghdad/ NINA / The dollar prices decreased in Baghdad markets, while they rose in Erbil with the closing of the stock exchange at the beginning of the week.

The dollar prices recorded a decrease with the closing of the Al-Kifah and Al-Harithiya stock exchanges, recording 141,950 dinars for $100, while this morning it recorded 142,100 dinars for $100. 

The selling prices in the exchange sector in the local markets in Baghdad witnessed stability, as the selling price reached 143,000 dinars for $100, while the purchase price reached 141,000 dinars for $100.

In Erbil, the dollar recorded an increase, as the selling price reached 142,200 dinars for every $100, and the purchase price reached 141,800 dinars for $100. /End  https://ninanews.com/Website/News/Details?key=1228776

A2Z DREAMZ Update: Stay alert: notifications could arrive at any moment!

 Fri. 23 May 2025 A2Z DREAMZ Update: Stay alert: notifications could arrive at any moment!

• On his show Fri. 23 May afternoon, TNT shared that the banks are preparing for an overnight effort to move forward with the paperwork tomorrow. According to him, staff is expected to be ready and prepared. 

• If key deadlines are not met by Saturday, the next likely scenario is postponed to Tuesday. 

• He receives text messages confirming that both Trump and the banks want this completed by the weekend.

• TNT explained that while specific deadlines are being set, the banks plan to continue pushing through the night and into Sat. until they receive final authorization. 

• Banks reportedly already have possession of the 800# since earlier this week, meaning there’s not much left to do at this point, except, as he put it, “keep hitting the ENTER key to light this candle!”

FRANK26…5-23-25…..ALOHA

A Government Advisor Reveals A "Dangerous Paradox" In The Private Banking Sector.

 A Government Advisor Reveals A "Dangerous Paradox" In The Private Banking Sector.

Time: 2025/05/24 Read: 3,240 times  {Economic: Al Furat News} The Prime Minister's economic advisor, Mazhar Mohammed Salih, affirmed that restructuring the banking sector is a fundamental and important step toward enhancing the stability of the financial system and supporting economic development in Iraq.

Saleh explained in a press statement that this restructuring aims to better organize cash flow management and improve the efficiency of the state's financial liquidity, which will contribute to alleviating financial pressures on the public treasury. 

He pointed out that there is a clear division in the banking market, as private banks own more than 78% of capital, but contribute a limited percentage not exceeding 20% ​​of financing and deposit operations.

Saleh stressed that the banking restructuring is a comprehensive process that includes modernizing the infrastructure of government banks, enhancing the efficiency of asset and liability management, and developing governance systems in line with international standards.

He added that these measures will increase the banking sector's ability to effectively contribute to the gross domestic product, expand the scope of financing and lending for development projects, which supports economic growth and reduces dependence on oil revenues.

He emphasized that the current financial and monetary challenges, particularly oil price fluctuations and liquidity pressures, require accelerating the implementation of reforms, including increasing bank capital and modernizing operating mechanisms, to enhance the stability of the banking sector and improve the management of public financial resources.

At the beginning of this year, the Iraqi government announced plans to restructure state-owned banks, most notably Rafidain and Rashid Banks, with the aim of transforming them into more modern and efficient financial institutions capable of meeting the needs of the growing Iraqi economy.

In its session held on January 13, 2025, it also decided to establish a completely new bank based on the latest digital banking technologies, aiming to provide integrated banking services to individuals and companies, both inside and outside Iraq.

This new bank has been named "Rafidain First Bank" and will start with an initial capital of 500 billion Iraqi dinars (approximately $381.8 million), with the goal of reaching a final capital of one trillion Iraqi dinars (approximately $763.7 million). The state's contribution to this capital will be 28%.  LINK

TIDBIT FROM FRANK26

 Frank26

 The CBI came out last night and told the citizens of Iraq, 'we know you got 90%-93% [dinar hoarded under your mattress].

  We know that...Security and stability used to be the problem.  We got that.  Now you're the problem Iraqi citizen...

We want you to bring in your 3-zero note.  When you do, deposit them in 'My Accounts'...they'll be safe and secure... 

Then when we raise the value of your currency, boom, automatically they are adjusted and you get credit for what you had...

We want to become a digitalized nation.  Bring them in for crying out lout.  We have 'My account' established for you...'

  That's where we're at...The CBI knows very well what they need in order to release the new exchange rate.

TNT CC SUMMARY!!! @DINARREVALUATION #iraqidinar #iraq #iqd