Clare Article: “Government Advisor: Number of Bank Accounts in Iraq Increases to More Than 14 Million” Quote: “Salih, confirmed today, Saturday, that financial inclusion in Iraq, represented by bank accounts, has risen to 14 million, with 20 million users, while indicating that Iraq is witnessing a boom in adopting e-governance as a basis for integrity and financial efficiency…national indicators confirm that financial inclusion in Iraq has increased from 20% to 48% at present compared to previous years…“
Militia Man The world has expectations of Iraq doing things. Remember the World Bank is the one that said be prepared for shocks. They have to be careful with that because technically having Iraq open up to the world and adjusting her real effective exchange rate with her true value is going to be reflected at some point in time in the Forex because she’s going to be doing international trade.
MarkZ [via PDK] “Central Bank reveals the volume of its dollar sales today.” Today they spend $285 million in dollars and getting more dinar off the streets. Which increased the value.
Pimpy There is no contract rate. There is no redemption center. Once [the dinar] is no longer sanctioned and they’re back on the Forex and they’re trading and banks are no longer restricted on dealing with the Iraqi dinar…all you do is take your currency into the bank and exchange it. There are no redemption centers. Let me repeat this. There’s no special rates…no redemption centers…no 800 numbers..no meetings going on in Reno…no bonds that are being dealt with. These are all lies…There’s no redemption centers, just take it to the damn bank.
Frank26 America First Credit Union member may visit select branches to exchange up to $5000. There is a $10 transaction fee if you exchange more than $300 and a $20 fee for exchanges under $300…Do your work.. Look these places up and learn about their services…
Sandy Ingram Trump wrote on his social media account…They can go find another sucker. There is no chance the bricks will replace the US in international trade and any country that tries should wave goodbye to American. U.S. president-elect Donald Trump has put the BRICS nations on notice with a fiery warning that sounds like it came straight from a
blockbuster movie script…while doubling down on threats of a whopping 100% tariff. Talk about a power move…We can only be happy Iraq is not in the middle of this silent soon-to-be tug of war. Iraq has over $100 billion in foreign currency reserves stashed in the US Federal Reserve Bank. And they are trying to tell us Iraq cannot afford $0.10 to 1 Iraqi dinar?
MarkZ [via PDK] Comment: I hear we have an RV this week. MarkZ: That’s the word out there…Guess we will see if its fact or fiction. We are very close either way…today and tomorrow are in the crosshairs for pulling the trigger on a reset. There are a ton of rumors for today.
Clare Article: “Donald Trump has been secretly communicating with ‘man crush’ Jamie Dimon about White House agenda for months” Quote: “JPMorgan Chase CEO Jamie Dimon has been communicating with Donald Trump in recent months through secret back channels, helping the president-elect hammer out a policy agenda before and since his decisive White House victory”
Mnt Goat …I want to tell you the statistics of the monetary mass in Iraq is in dinars not US dollars. Thus, 100 trillion dinars or about not even a trillion US dollars. I also want to bring out that the CBI just told us the size of the Iraqi foreign exchange reserves exceeds by 140% the local currency issued… in the USA…the equivalent of the 1 dinar is expected to come out as about $4 USD.
Militia Man Everyone is very impressed with Iraq’s prime minister and especially where they are today. They’re focus is financial inclusion, bringing the Iraqi world, to the world…They got new technologies … electronic taxes and tariffs…they’re breaking out with their stock exchange. Their stock exchange has been on fire the last two year. One thing after another supports that Iraq has moved and done…things we’ve never seen before. It’s powerful information…It’s exciting times…
MarkZ [via PDK] Question: Mark- are you seeing $3.90 as a rate for the dong? MarkZ: We have seen as high as $3.90…and as low as .39 cents. We don’t know for certain what the rate is going to be. These are from banking contacts who told me what they are seeing fluctuating on bank screens.
