TNT Friday Night

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tntTishwash:  Central Bank Governor: The Iraqi economy is achieving good growth

The Governor of the Central Bank of Iraq, Mustafa Ghaleb Mukhif, confirmed on Friday that the Iraqi economy is achieving good growth.

And the bank stated in a statement that Mawazine News received a copy of it, that “the Governor of the Central Bank of Iraq, Mustafa Ghaleb Mukhif, met the head of the Banking Licensing and Supervision Authority in Turkey, Mehmet Akban, on the sidelines of the invitation addressed to him by the Turkish Central Bank during his official visit to the Republic of Turkey, accompanied by A number of heads of Iraqi private bank boards.

The statement added, “The two parties discussed the importance of joint interaction and the exchange of experiences between Iraq and Turkey, and His Excellency stressed the need to develop banking relations between Iraqi and Turkish financial institutions, in addition to supporting Iraqi banks wishing to open branches in Turkey in accordance with the principle of reciprocity, as well as stimulating bank branches.” Turkish licensed in Iraq to develop its business and presence in the Iraqi market.

The Governor of the Central Bank of Iraq said, according to the statement, that “the Iraqi economy is achieving good growth, according to indicators issued by global institutions such as the International Monetary Fund and the World Bank, and therefore Iraqi banks have the ability and ability to be present in more than one country such as Turkey and others,” adding that “the Bank The Central Bank has worked over the past period to support the economy through banks, and this has helped in the development of Iraqi banks.”  link


Courtesy of Dinar Guru

Frank26   Question: “After the reinstatement occurs where will we look to find out how much time we have to exchange certain notes…?  I assume they will expire at different times?”  Yeah, there is a possibility they will expire at different times.  There’s also the possibility that they will all expire at the same time…we don’t really know…Here in the United States of America we still have three zero notes that are legal tender…



Nov. 26, 2021

Turkey’s Currency Enters Total Collapse, Investors Get Musked, Homes Sales Plummet, Inventory Soars

Silver Report Uncut: Nov 25, 2021

Apple has temporarily halted online sales of some of its devices on official stores in Turkey after the country’s currency, the lira, crashed 15 percent on Tuesday against the dollar.

Currently, consumers looking to purchase Apple products including iPhones and Macs from the official Apple store in Turkey are able to view the products on the website. However, customers are unable to add the devices to their virtual shopping cart at this time. consumers can, however, still view and purchase such products from popular e-commerce sites in the country, including Hepsiburada and Trendyol.

Apple has not officially announced that it has temporarily suspended sales in the country and it is unclear when consumers will be able to purchase the company’s products again. New home sale rose 0.4% MoM (better than the expected unchanged print), but this hid the dramatic downward revisions of prior data (September’s +14.1% MoM spike smacked down to +7.1% MoM). New home sales remain down over 23% YoY There were 389,000 new homes for sale as of the end of October, the most in 13 years — though 28% of those houses were not yet started.

At the current sales pace, it would take 6.3 months to exhaust the supply of new homes, compared with 3.6 months at the start of the year. Elon Musk has reached the halfway point of disposing of 10% of his stake in the electric-car company. According to new US securities filings, Musk dumped another 934,091 shares for $1.05 billion.

The stock sale covered taxes related to Musk exercising an additional 2.15 million stock options. Since Musk tweeted on Nov. 6 that we would sell 10% of his stock if users of the social-media platform approved. He’s liquidated 9.2 million shares worth about $9.9 billion – now at the halfway point of liquidating his 10% stake.