Frank26 [Iraq boots-on-the-ground report] FIREFLY: Television is saying Sudani and Saleh are telling Iraqi citizens our relationship with America needs and will turn to economic and will fade away from a military relationship.
Clare Article: “The CEO of the Iraq Stock Exchange has been relieved of his post“ Quote: “The market’s CEO, Taha Ahmed Abdul Salam, was dismissed from his position today, Thursday…The head of the Securities Commission, Faisal Al-Haimus, was also chosen to replace Abdul Salam.“
MarkZ [via PDK] Question: What do you think the rate is going to be Mark. MarkZ: Just a guess…But, I think it could be $3.91.
Militia Man Key point, Iraq has very little external debt based off her income streams, non-oil, oil, she’s got a lot of money. $20 billion [external debt] isn’t a whole lot of money in comparison to what they have income wise.
Walkingstick [Iraqi Bank Manager Friend Aki Update – Reference Walkingstick’s 10-31-2024 Aki update below] It would behoove them to now put the pictures and the explanations of the lower denoms on the bulletin boards at these currency exchange centers. Aki owns 90 of these exchange centers with his conglomerate. You know why? Because it’s all about the money. They don’t get involved in politics. They don’t care about parliament. They don’t care about any delays. It’s only about the bottom line.
Above mentioned Post is below
Walkingstick [Iraqi Bank Manager Friend Aki Update] They are about to open many hundreds of ATM exchange enters outside of Iraqi borders. We call them currency exchange centers. Aki owns 90 of these centers. It is not him by himself. Aki is part of a conglomerate. His business partners, there’s 18 of them, they own 90 of these ‘currency exchange centers’ around the world. The exchange centers are under the control of the GOI and CBI. They both control the exchange rate of the Iraqi dinar.
Frank26 The HCL cannot function at a program rate. That’s why they’re giving you the scientific interpretation of why they’re lifting the three zeros, in order for this to make sense…and work for you Iraqi citizens.
MarkZ [via PDK] Question: Is Nov our month Mark? MarkZ: …unfortunately we blew through Oct without it…but Nov. sure looks good. Comment: Others say we get notified anytime after Nov. 6th. MarkZ: That is pretty much what the upper echelon in banking are saying now.
Clare Article: “Al-Mashhadani is the new speaker of the Iraqi parliament” Quote: “Mahmoud Daoud Salman Musa Al-Mashhadani (May 20, 1948-), an Iraqi politician and the first speaker of the Iraqi parliament after the US invasion of the country. He chaired the Iraqi Council of Representatives from 2006 to 2009 and was elected again today, October 31, 2024. He was also elected President of the Arab Parliamentary Union in 2008.”
Samson Article: “Al-Mashhadani is the new speaker of the Iraqi parliament” Quote: “The Iraqi Parliament elected Mahmoud Al-Mashhadani as its Speaker on Thursday evening, after nearly a full year…”
Frank26 [Iraq boots-on-the-ground report] FIREFLY: Mr. Sammy said all branch bank managers have gone through and now completed international service standards in banking reforms as of yesterday morning. FRANK: Why? Because of the float. You have to have a new exchange rate if you’re going to float it.
Bruce [via WiserNow] We know that rates on the redemption center screen are populating, and that means they’re going up, and we know that we have fixed rates on the bank screens. The Redemption center screens are what we’re going to work off of, and it’s going to be, I think the rates themselves will be so good, it’ll blow us away – especially the contract rate on the Iraqi dinar. They should offer that to us, not at the banks, but only at the redemption centers.
MarkZ [via PDK] …my gut is screaming that under the distraction of this election that the whole world is watching – they are going to pull the trigger… That’s what my gut is saying…I sure hope I’m right this time…
