THE GOLDEN ERA : Reno has given the green light, 19 dec

THE GOLDEN ERA

Reno has given the green light. Tier 3 bondholders were being paid.

 Over the past weekend, Iraq hosted delegates from 140 nations to celebrate the Iraqi legislature's approval of a dinar VR to go international on Tuesday, December 17, 2024, and pay two months of payroll arrears in the new dinar rate, especially in Kurdistan. 

Iraq was expected to go international on Tuesday, December 17, 2024. The Ripple USD stablecoin (RLUSD) launches on Tuesday, December 17, 2024. 

Tier4b (we, the Internet Group) was on high alert to receive a notification to set appointments.

TRANSLATE IN SPANISH

LA ERA DORADA

Reno ha dado luz verde. Se estaba pagando a los tenedores de bonos de nivel 3.

 Durante el último fin de semana, Irak recibió a delegados de 140 naciones para celebrar la aprobación por parte de la legislatura iraquí de una RV del dinar para que sea internacional el Martes 17 de Diciembre de 2024 y pagar dos meses de nóminas atrasadas en la nueva tasa del dinar, especialmente en Kurdistán. 

Se esperaba que Irak se volviera internacional el Martes 17 de Diciembre de 2024. La moneda estable Ripple USD (RLUSD) se lanza el Martes 17 de Diciembre de 2024. 

Tier4b (nosotros, el Grupo de Internet) estaba en alerta máxima para recibir una notificación para fijar citas.

JENTEL NOTES : A RATE WAS POSTED TO PAY CONTRACTORS AT $3.92 @DINARREVALUATION #iraqidinarinvestor

 

PARLIAMENTARY COMMITTEE: GOVERNMENT WORKING TO REDUCE GAP BETWEEN PARALLEL AND OFFICIAL EXCHANGE RATE TO ACHIEVE STABILITY, 19 DEC

 PARLIAMENTARY COMMITTEE: GOVERNMENT WORKING TO REDUCE GAP BETWEEN PARALLEL AND OFFICIAL EXCHANGE RATE TO ACHIEVE STABILITY

The Parliamentary Finance Committee explained, on Monday, that the government is working to reduce the gap between the parallel and official exchange rates to achieve stability, while indicating that the Iraqi economy will not be affected by the deteriorating conditions in Syria .

Committee member Moeen Al-Kazemi said in a statement followed by “Mil”, “The government and the Central Bank have taken several important measures to confront the security and economic challenges in the country, especially in light of the deteriorating conditions in Syria .”

Al-Kadhimi continued, “The situation in Syria does not affect the Iraqi economy or the dollar exchange rate in the local market .” 

He added that “the dollar exchange rate in the parallel market is currently stable, noting that the government is working to reduce the gap between the parallel exchange rate and the official rate to achieve greater economic stability .”

Currency markets are witnessing significant changes with the “sudden” rise in the value of the Syrian pound against the Iraqi dinar .

SANDY INGRAM HIGHLIGHTS NOTES, 19 DEC

 SANDY INGRAM HIGHLIGHTS NOTES

Summary

Brazil faces a currency crisis as the USD/BRL rate fluctuates, impacting the economy and raising concerns among investors.

Highlights

• 📈 Currency Fluctuation: The USD/BRL exchange rate shows significant volatility.
• 📉 Economic Impact: Businesses are feeling the pressure of increased import costs.
• 💰 Investor Concerns: Rising uncertainty is causing hesitation in foreign investments.
• 📊 Government Response: Authorities are implementing measures to stabilize the currency.
• 🌍 Global Influence: External factors, like global market trends, are affecting the rate.
• 🔍 Analysis Needed: Experts urge for deeper analysis to understand long-term implications.
• ⚖️ Future Outlook: Predictions remain mixed as the situation evolves.

Key Insights

• 🌐 Economic Instability: The fluctuating USD/BRL rate indicates broader economic instability, impacting trade dynamics.
• 📊 Import Challenges: Increased costs for imports may lead to inflation, straining consumer purchasing power.
• 🏦 Foreign Investment Hesitation: Investor confidence is wavering, potentially slowing economic growth and innovation.
• 📈 Government Intervention: Effective government policies will be crucial in restoring market stability and confidence.
• 🌍 External Pressures: Global economic trends, including interest rates and commodity prices, are directly influencing the currency crisis.
• 📉 Long-term Effects: If unresolved, the crisis could lead to long-term economic damage, affecting various sectors.
• 🚀 Opportunity for Reform: This crisis may serve as a catalyst for necessary economic reforms in Brazil.

REDEMPTION 2020: GLOBAL CURRENCY RESET: THE FINAL COUNTDOWN @DINARREVALUATION #iraqidinarinvestor

 

CENTRAL BANK GOVERNOR: OPENING EXTERNAL CHANNELS WITH FOREIGN CURRENCIES ELIMINATES THE BLACK MARKET, 19 DEC

 CENTRAL BANK GOVERNOR: OPENING EXTERNAL CHANNELS WITH FOREIGN CURRENCIES ELIMINATES THE BLACK MARKET

Central Bank Governor Ali Al-Alaq confirmed on 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, which was reviewed by “Al-Eqtisad News”, that “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 .”

According to the statement, the governor of the Central Bank stressed “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.”

MIKE MC : I BOOKED MY APPOINTMENT WITH PRIVATE BANKER AT ANZ BANK IN AUSTRALIA, 19 DEC

 MIKE MC

Ok I booked my appointment with  private banker at ANZ bank.

I asked the girl for the rates of the currencies I hold.

Dong 0.68

Bolivar 0.34

Zim 0.04792

Yugoslavia Dinara (not on bank screen)

I would presume the rate of the Vietnamese dong on the Wise app will change when the dong revalues and appears on the forex.

  

 Appt is for 30 min. I will ask the private banker to give me a copy of the bank screen rates. 

  See if I can negotiate. I'm good at that. I will ask if these are contract rates, can I negotiate possible higher rate.

You can exchange at the bank now, but you can also choose to hold onto your other currencies till the rates increase. 

Yes, yes, yes. I was crying hard out yesterday and beginning to lose hope, but I am so happy. 8.41am haven't slept yet.

D.H

ANZ Bank is in Australia and New Zealand

Mike Mc