walkingstick

Question:  “1700 or Chapter VII they are saying to Iraq.  What would you liken that to?”  A wake up call.   They’re not going to do it, but they said it, […]

Iran wants to stop the HCL because Iran can’t exploit Iraq’s money anymore.  Their money grabbing is coming to an end and they are very angry about this…you would think […]

The HCL is a number of laws within a law…there are many parts and they all equal a new exchange rate.  The new exchange rate is the reason for the […]

The HCL is a number of laws within a law…there are many parts and they all equal a new exchange rate.  The new exchange rate is the reason for the […]

Things are happening.  Interesting enough they are not putting out articles fast enough.   There’s things…that are not even in articles that are rather important…

Things are happening.  Interesting enough they are not putting out articles fast enough.   There’s things…that are not even in articles that are rather important…

Iraq has a tendency to get in its own way.  That’s a fact of Iraq life, of the Middle East life.  But the reforms point only one way – a […]

Iraq has a tendency to get in its own way.  That’s a fact of Iraq life, of the Middle East life.  But the reforms point only one way – a […]

That CBI meeting with the big three took place today [yesterday]…they were given the timing of the release, value, note count and type of denominations. 

There is a meeting the CBI is doing right now.  This meeting is very important.  It is about the HCL…Iraqi Stock Exchange and the Erbil Stock Exchange.  Basically it’s the […]

There are no restrictions on the Iraqi dinar?   Yes there are…It’s still a program rate.  That’s a sanctioned rate.  The Iraqi dinar is in position to trade internationally when they […]

After the new exchange rate goes to 1 to 1 this 64 trillion dinar budget would be on par with 64 billion dinars.  Notice that’s dinars to dinars.  That would […]

[via Frank26]  It is unlikely this budget is 65 trillion dinars.  It’s more in the billions.  We simply wait for the budget to show us a new exchange rate…it’s all […]

[via Frank26]  Now that the budget is in the Gazette what’s next?  To show the new exchange rate.  If the rate is not in the budget remember they can change […]

[via Frank26] [Walkingstick’s Iraqi Bank owner friend report]  It looks like on June 1st they want every point of sale device that has been handed out already to go live […]

The ATMs are on.  They are active.  They have been turned on.  The only problem is the citizens aren’t using them yet…  [Walkingsticks bank friend here in the US] bought […]

[via Frank26]   This transition from USDs to IQDs in the country of Iraq can only work with a different exchange rate.  The program rate is being officially removed

Article: “For the first time in Iraq…planning to stable a ‘huge’ financial center in a southern governorate”  This is talking about Iraq becoming a financial center and economic hub in […]

[Response to Frank26’s FIREFLY HCL in the budget report below]  Not at a program rate.  It will not work with the accounting.  The knowledge of the HCL in the budget […]

[via Frank26]    It’s all being set up to eventually say to the American dollar bye-bye.  Everything you’re seeing right now is doing exactly that.  They are pegged to the American […]

[via Frank26]   The CBI took out a tender which we told you about 2 weeks ago.  The tender bid is for the new small category notes.  They will also have […]

{CBI’s private bank meeting minutes continued}  [8. Currency swaps with many countries in motion.]  It means the international community, the investors of the economic reform, finally have faith, have confidence, […]

[via Frank26]   {CBI’s private bank meeting minutes continued}  [7.  IMF, AMF, EMF rolling in again]  International Monetary Fund, Arab Monetary Fund and the European Monetary Fund these three are […]

[via Frank26]   {CBI’s private bank meeting minutes continued}   [6. Mining operation contracts rolling in now all paid in IQD only.]  The mining contracts that are staying in line are willing […]

[via Frank26]   {CBI’s private bank meeting minutes continued}   [6. Mining operation contracts rolling in now all paid in IQD only.]  The mining contracts that are staying in line are willing […]

via Frank26]  {CBI’s private bank meeting minutes continued}  [5.  Introduction of notes and coins was given.]  The date of the new small categories and coins is a reality.  It’s a […]

[via Frank26]   {CBI’s private bank meeting minutes continued}  [4. Exchanges ISX/ESX date given to trade international]  ISX and ESX only trade domestically.  Soon the Iraqi dinar will be online with […]

[via Frank26]  {CBI’s private bank meeting minutes continued}  [3.  Tenders for the IQD and the coins has been fulfilled.]  We’re 90% the contract the tender was fulfilled/ completed by DeLaRue […]

[via Frank26]   {CBI’s private bank meeting minutes continued}   [2. ATMs in private banks linked internationally]  Every Private bank of the Central Bank of Iraq will have 2 ATMs.  You know […]

[via Frank26]  [Follow up to Walkingstick’s CBI minutes post below]  Do you remember 3 or 4 years ago when [Guru] Walkingstick’s firm was selected by the Central Bank of Iraq […]