walkingstick

[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 […]

[via Frank26]   These 8 points are from the minute notes from the latest CBI and their private banks meeting that they had last week. The individuals [who got them] were […]

[via Frank26]  Currency swaps are in motion with a number of countries right now.  The IQD will be asset-backed before it hits Forex.

[via Frank26]  [Iraqi Bank Friend Aki’s CBI meeting report]  WALKINGSTICK:  Employees are now paid in IQD throughout Iraq.  FRANK:  What does it mean?   It means they’re Article VIII…that the […]

[via Frank26]  The basket that they have chosen to be in is probably the safest way to start the float – at 1.5…or the CBI can come out and say, […]

[via Frank26]  The articles are not keeping up with what they are telling the citizens.   Remember this education is for them.  Not for us.

[via Frank26]  The rate will only go up from the start.  It will be a constant increase…they have been telling the Iraqi citizens your currency will have more value than […]

via Frank26]  There were two NEERs presented this past week.  One of them was higher than 1 to 1.  It was 1.5 .  The Prime Minister and the governor of […]

[via Frank26]  When they say ‘the parallel rate’?  It means 1 to 1.  And now when Sudani says 1.5 to 1 what does it mean?  He is talking about the […]

[via Frank26]   You will not see trillions of new small category notes printed.  You will see billions printed.  They’ll release all this information to the citizens.  The citizens are rather […]

[via Frank26]   You will not see trillions of new small category notes printed.  You will see billions printed.  They’ll release all this information to the citizens.  The citizens are rather […]

[via Frank26]  …The next step in the monetary reform process is to display the national currency and the coins because they have been talking about it for a few weeks […]

[via Frank26]   With this international float that is being explained now they are proving that they can maintain the + or – 2% compliance.  It’s working…