Monday, September 18, 2023
Al-Bayati: Iraq has its options to deal with currencies alternative to the dollar, 18 SEPT
Al-Bayati: Iraq has its options to deal with currencies alternative to the dollar
9-17-2023
Al-Bayati - Iraq has its options to deal with currencies alternative to the dollarInformation / Baghdad…
Former MP Jassem Al-Bayati confirmed on Sunday that Iraq has alternative currencies that can be agreed upon with the US Treasury to deal with in the event of sanctions being imposed on some banks.
He added, “The US Treasury’s acceptance of the aforementioned alternatives will be a positive factor for Iraq,” noting that “there is a fear of imposing restrictions and severing the relationship in dealing in the dollar currency with some Iraqi banks.”
He stated that “the restrictions that the US Treasury may impose on some banks will allow them to deal in other currencies if this is agreed upon, and it is unlikely that sanctions will be imposed. If this existed, it would be announced explicitly, and in the end.”
almaalomah.me
Deputy: The Continued Rise In The Exchange Rate Of The Dollar Against The Dinar Requires Serious Government Measures, 18 SEPT
Deputy: The Continued Rise In The Exchange Rate Of The Dollar Against The Dinar Requires Serious Government Measures, 18 SEPT
Economy 11:16 - 2023-09-18 Member of the Parliamentary Finance Committee, Mustafa Al-Karaawi, confirmed that the continued rise in the exchange rate of the dollar against the dinar requires real government measures.
Al-Karaawi said in a press interview, “The US Treasury Department’s imposition of new sanctions on Iraqi banks means that Iraqi banks have not adhered to the instructions,” warning of “major economic repercussions that the Iraqi financial market will witness, due to the United States imposing sanctions on a number of banks, including a rise in... Dollar exchange rate.
He added, “The rise in the dollar exchange rate will not stop, and there will be a gradual rise every day, and this matter requires a real government stance and measures to address this matter,” noting that “the issue may turn into a monetary crisis like the one that occurred during the past months with the beginning of the formation of the new government.” This matter requires an Iraqi diplomatic movement towards the US Treasury and the US Federal Reserve.”
The representative pointed out that “the Finance Committee will work to host the figures and responsible authorities in the Central Bank to discuss the repercussions of the crisis and to find out what the bank’s measures are to confront the significant rise in the exchange rate in the local market.”
The dollar exchange rates continued to rise on the black market, as the exchange rate reached 158,250 dinars per 100 dollars. https://kirkuktv.net/AR/Details/17453
An economist confirms the possibility of Iraq avoiding falling into the trap of the American treasury, 18 SEPT
An economist confirms the possibility of Iraq avoiding falling into the trap of the American treasury
9-17-2023
An economist confirms the possibility of Iraq avoiding falling into the trap of the American treasuryInformation / Baghdad…
Economic affairs researcher Hisham Al-Baydani confirmed on Sunday the possibility of taking steps by the Iraqi government in order to avoid banks falling into the trap of the US Treasury, especially with regard to the sanctions it imposes from time to time on some banks.
Al-Baydani told Al-Maalouma, “Iraq has reserves of more than 100 billion dollars in the United States of America, and this matter necessitates the government to strengthen the country’s sovereignty over private banks, which number more than 70 private banks.”
He added, “The government’s measures could block the way for America to impose any new sanctions, after it had previously imposed sanctions on 14 banks that caused a scarcity of dollar supply in the local market, which still deals with financial liquidity in ways that are far from modern.”
He pointed out the importance of the Central Bank imposing binding conditions for the development of banking work, in order to avoid any imposition of American guardianship through money laundering accusations.
almaalomah.me
"IRAQ BOOTS ON THE GROUND REPORT" BY FIREFLY, 18 SEPT
Frank26 (KTFA)
Why would Iran be at the CBI governor’s office dealing with international issues? I think you know why. They can’t steal anymore. The floor is spotless. It’s dinner time. Something is about to happen.
[CBI put out a RFP-Request for Proposal tender]
SHANGDODDLE: It appears to be the government of Iraq is seeking contractor bids for the purchase of machines used to count, sort and packet currency. IMO that would be for the new currency in the lower denominations in the new small category notes…
FRANK: This is fantastic. Then an article comes out and says, “This tender will be accomplished by October 22, 2023“. October 22nd is simply the time limit parameters of this tender…You think it’s going to take until October the 22nd? No.
[Iraq boots-on-the-ground report]
FIREFLY: Sudani said he’s not worried about the parallel black market. They have a mechanism which is about to be implemented that will down the dollar and make the dinar strongest.
FRANK: WHAT!?!…Good God almighty…Holy guacamole!
JUDY NOTE, 18 SEPT
Global Currency Reset:
- Sun. 17 Sept. TNT Tony: HCL (Hydrocarbon Law – the Iraqi Oil Law) done and announced. All countries agree now is the time. On TV saying money on the way. Sat. 16 Sept: “Be ready, be ready. Something is happening tomorrow night. Banks are working now. Bank contacts say they are facing a heavy workload and by Mon. 18 Sept. we should be exchanging.
- Sat. 16 Sept. MarkZ: “Three different sources say that they are keeping a skeleton crew in Call and Redemption Centers and working on how to handle appointments. Lots of expectations for Sunday 17 Sept. and Mon. 18 Sept. Iraq wanted a worldwide announcement of a rate change somewhere around the 20th or 21st. That does not mean we are waiting until then. Groups are positioned and ready. People are all in place. Agreements are done. All we are waiting on is the switch to be pulled.”
- Sat. 16 Sept. Bella Rose on Telegram: Mark Z has a gold hat!! He said he will send a message on TG and go live with breaking news. His subscribers also sent him a Gold man-kini to wear.
- Sat. 16 Sept. Texas Snake: “Well folks has been a time since I last posted but heard from my source just now that he anticipates the redemption schedule will be revealed to him very shortly and he will advise ASAP after he hears. He anticipates his exchange centers to be open and operational this coming week if no other obstacles present themselves, I will advise upon notification. Everything I’ve read indicates this has to be CONCLUDED by month’s end. GOD Bless.”
- Hernán Robert Hbravo: We are painfully close. Many expectations for Sunday and Monday and those meetings on the HCL agreements and with the United States Treasury. Things really seem to be lining up perfectly. All eyes right now are on the Sun – Mon meetings in IRAQ at HCL and they say they are addressing the dinar exchange rate. It is reported in Iraq that everything is ready and agreed with the United States Treasury for the Revaluation of the DINAR currency. All documentation was studied and agreed upon between the government of IRAQ and the US. The documentation was delivered on Mon. 11 Sept. 2023, to the United States Treasury for prompt signature.
- Iraqi Dinar Finally Ready to go, Frank26, MarkZ Intel Update IQD Value to USD: https://youtu.be/o0yip3yftow?si=S0hBNdRN6pXAo30x
- The US Treasury Assistant Secretary: Everything has been signed off and should be approximately 96 hours from her return from Baghdad, Iraq. She returned Fri. 15 Sept. + 96 hours = Tues. 19 Sept.
- Fri. 15 Sept. Militia Man: “We’re in such a good space I can’t contain the excitement because what we’ve seen in the last 96 hours. There’s nothing but powerful information from Al-Sudani, we have the US Treasury Assistant showing up…big companies…Stellar Energy…Total…Barzani being tickled pink because they’ve signed agreements. We have a change of pace.”
- Thurs. 14 Sept. Bruce: Three excellent sources said Tier4b (Us, the Internet Group) should get notified by Mon. 18 Sept. We are at a any day, any hour basis. Release to Bond Sellers should also happen by Mon. 18 Sept. Tier4bto be notified after Bond Holders – or by next Tues. 19 Sept. Military personnel and Bond Holders have exchanged but do not yet have access to their funds. On Tues. 12 Sept. the US Treasury gave word to Redemption Centers that everything was signed off and ready to go.
- As of Fri. 15 Sept. Banks were no longer independent, but working for the US Treasury: When you go into a bank to exchange like Wells Fargo you are not doing business with Wells Fargo. You are doing business with the US Treasury. They are contracting with that bank to use the space but the people don’t work for the bank they are contracted by the US Treasury.
- An Inside Source: 97 of the top 100 central banks are currently under transformation to become fully operational under the QFS + RTGS system. The remaining 82 smaller central banks are gearing up for this transition. On October 1st all BANKS have to be working with the QFS, THAT’S WHY WE THINK IT HAS TO BE DONE BEFORE SEPTEMBER 30.
- Venezuela formally applies to BRICS. Last August 3rd, the government of the Bolivarian Republic of Venezuela formalized its petition to join the bloc BRICS: https://moderndiplomacy.eu/2023/09/16/venezuela-formally-applies-to-brics/
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