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MARCH 16, 2018 TNT: Iraqi TV and news outlets are reporting for the first time in history all Iraqis are now paid through the MasterCard world card. All citizens have been "reportedly" paid but, however, they are not sharing the rate info. [hmmm, I wonder why? LOL] This is proof that all of their banks are now connected! Reports are coming to me of exchange personnel being told to "report" to their respective exchange centers on today. "Exchange Procedure Manuals" are reportedly being circulated to those who have a "need to know."
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Luigi says... Treat this article as a rumor. Not verified. Your opine. Cleitus: Whaoooo…., if this doesn’t speak of internationalism I don’t know what! Samson: Acknowledgment from SWIFT International February 28, 2018 In appreciation of the efforts to provide the Iraqi banking system Mttmla Central Bank of Iraq and all operating banks in Iraq used the security standards of your self-approval of the Customer Security the Program ( the CSP) , the Central Bank of Iraq received a letter of thanks from the Swift global company and thus the Central Bank of Iraq is one of the first central banks Middle East, which has committed itself and committed its banking system to implementing these standards as part of the measures to enhance the security of the external remittance environment https://cbi.iq/news/view/618
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Luigi Asks... Could this be the last step CBI must take to be Int'l recognized? Not verified. Your opine. 10 Jan 2017 rcookie... Article: "Central Bank announces the adoption of the international mathematical number (IBAN) makes all the conversions" Quote: "...introducing the international bank account number (IBAN) system in Iraq." THIS IS BIG NEWS BECAUSE IBAN HAS BEEN PART OF THEIR WORKING BANKING SUPERVISION FOR MANY LOI'S FROM THE IMF...AND TODAY... BOULYAAAH! ABSOLUTELY ... HUGE!
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22 Nov 2016 Bruce: We heard last night that at 9am in Iraq an announcement was made. This announcement was the announcement that took Iraq back to an International status in which their currency being revalued and now they are essentially sovereign. This announcement was not made here. We don’t have it here yet. Hopefully we will get it tonight or tomorrow. We are happy it went out. That is it went out at1am EST. Positive step for us. We may need to hear that announcement to hear it here for it to start for us. We know the announcement was made at 1am EST last night. Bruce: Also Iraq has Qui cards, prepaid debit cards. Like us the Iraqi people like cash as we do. My understanding was the lower denominations we knew had gone out to the banks. The currency lower denominations have been out at the banks. They just hadn’t been put out on the streets as of Thursday call. Since last night 1am EST, since the announcement made in the morning, 9am Iraqi time, their Qui cards can be used to purchase lower denominations as we can use the ATMs to get cash out. That is what they have been doing starting today. Lower denominations have gone out of the banks to the streets now, to the Iraqi people. That is brand new. We haven’t had that before and we got confirmation of that. Bruce: What else has happened in our timeline approx 2:55 am EST, the historical gold bonds, historical assets, the large currency transactions, the big ones, those trades have been done with those they have began to pay out. Those powerful things happened 5 minutes before London trade opened up this morning. More and more movement, more access to funds happening. Not everyone been paid out yet but in a process it is occurring internationally. I know it is coming here. Bruce: Where are we in this country regarding our own currency? We have the TRNs, gold back instrument that backs up our USN which is now gold backed. Our understanding is our new currency is a rainbow currency because it is multicolored from pink to yellow, blue, and green. Our understanding also the banks are referring them as the Christmas currency. This new currency for us will be coming out will be available very soon. I don’t know if it is in the banks for distribution right now, but will be in the banks very quickly. The banks called them Christmas currency because they are suppose to come out before Christmas. That is what they have termed it. That is positive for us. Bruce: Over all we should plan on having a great Thanksgiving. It maybe the best Thanksgiving we ever had. So things are moving in the direction for that to occur. I just feel that is as far as we need to take the Intel tonight.
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Luigi says... Many Gurus are on the same page in agreement. This don't make it true. Take as rumors for now. Not varified. Your opine. 12-22-2015 Newshound Guru Kaperoni from CBI site - "Board Resolution No. (329) for the year 2015 (the exchange rate)" So some are wondering why we saw that 1182 rate and Iraq didn't pick up on it until today...well these CBI docs show us..that the board approved the rate change on 11/30..effective 12/1 (which it changed on the CBI site). but the actual announcement didn't come out until 12/18 (media). They also tell us the CBI bank rate now at 1190 which means the 2% spread is 1214. So the dinar Market Rate has to be 1214 or less than that. And today it is 1220 which is out of compliance. It is frustrating, but the rule is more for the CBI than the IMF. They want the CBI to know how to manage the spread before the playing field becomes international. Kaperoni blog 22 Dec 2015 BGG... Article quote: “The Central Bank of Iraq, on Monday, reduced the value of the dinar against the US dollar. According to a statement of the bank, that “lifting of US dollar selling to banks and exchange companies rate by 16 dinars any by 1.37 percent to 1182 dinars.” SO THE RATE HAS BEEN ADJUSTED AND THE INTERNATIONAL RATES ARE BEING CALCULATED FROM THIS VALUE ADJUSTMENT. THE CONVERSION IS THE GOAL AND THEY ARE CURRENTLY WORKING ON THEIR GOAL AND OURS… WHOOOPPOW. *** Removed Link*** 2-22-2015 Newshound Guru Millionday Article quote: "The Central Bank of Iraq, on Monday, reduced the value of the dinar against the US dollar. According to a statement of the bank, that "lifting of US dollar selling to banks and exchange companies rate by 16 dinars any by 1.37 percent to 1182 dinars." SO THE RATE HAS BEEN ADJUSTED AND THE INTERNATIONAL RATES ARE BEING CALCULATED FROM THIS VALUE ADJUSTMENT -- THE CONVERSION IS THE GOAL AND THEY ARE CURRENTLY WORKING ON THEIR GOAL AND OURS... WHOOOPPOW. Millionday blog 22 Dec 2015 MntGoat... We still await for the “official” word from the CBI to allow the distribution of the new lower denominations. We know this must first be accompanied with a significant increase in value and we are told it will be a 1:1 par value with the US dollar. This is NOT the RV but an inflation adjustment and only an incentive to “dedollarize” the economy and reverse the trend in demand from the US dollar to the Iraqi dinar thus increase the demand for the new lower denominations. This would thus allow Iraq to withdraw or “de-dollarize” their economy as they would suck up US dollars are replace them with the lower denominations. This would happen because the citizens would migrate towards the new dinar since it would be worth more than the dollar. MntGoat blog 12-21-2015 Newshound Guru Tlar ...parliament passed the 2016 budget. That is a real first for Iraq. Also an article appeared...that stated the ISX (Iraqi Stock Exchange) will be introduced to the London Stock Exchange on the 20th and 21st of January. The article implied that they are reworking values so that when the ISX exchange is introduced, real values based on world values will be be shown. Two days ago the CBI instructed all banks to stop selling the dollar and the CBI is targeting the end of this month to shut down the auctions. The government stated in November that they would institute tariffs and taxes in mid December. It has long been suspected that tariffs must be accompanied by a raise in the currency value... An article came out in the last couple of days that implied that the lower denominations are now in place the banks. Iraq is compliant with international banking standards. Tlar blog CBI Announcement: “The Ministry of Finance approved on 2015/12/16 conduct a public auction auction (Y16) for the sale of the treasury for their remittances (364) on 12.20.2015.” “To / all licensed banks and licensed money transfer all companies and financial investment companies and broker the buying and selling of foreign currencies approved all companies (foreign exchange rate) 12/20/2015 Board Resolution No. (329) for the year 2015 (the exchange rate)12/18/2015.” firefly blog
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20 Aug. 2015...Intel Guru My Ladies... ISX cannot be available to the intl client without a Merril, or Morgan or Goldman... basically in a nutshell a custodian. They are taking in custodians now & will not do that for something that is lightyears down the road. They need custodianans now today! Right now. Yep & in the article they said Iraq was going to revive the plan to redenominate their currency. 20 Aug 2015...Intel Guru Dinar Iraq & Dong Vietnam... The GOI has reportedly appointed three intl banks to advise on its first intl bond sale in almost a decade. CityGroup, Deutsche & JPMorgan Chase will assist in placing $6 of new government bonds in an attempt to bridge the budget deficit. According to Bloomberg, the bond program will be in tranches, with the first bond sale coming this year. Luigi says... Treat as a rumor. The Guru of this article does not give a source of the article.
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from another source... It's Official...IQD Goes Itn'l This Sunday The 8th. Still No New Rate. Tariff Law in Affect .How Much Longer Can The RV Be Delayed? 3-6-15 Millionday: THE BEGINNING OF THE REMITTANCE WILL BE ON THE 8TH OF MARCH -- THIS IS SUNDAY COMING UP -- SMILE REMITTANCE CAN BE EXPLAINED THAT INTERNATIONAL BANKS AND MONEY TRANSFER COMPANIES CAN WIRE ACROSS THE GLOBE BY SUPPLY AND DEMAND THE BEGINNING OF THE REMITTANCE AND WHATEVER STEPS THAT MAY BE -- CBI CAN SET THE VALUE AND THE INTERNATIONAL RATES AT ANYTIME THEY WANT -- THEY HAVE THE GREEN LIGHT THEY WILL BE EXCHANGING CURRENCY BY WIRE -- HOW THEY WOULD DO THAT WITHOUT A NEW VALUE AND INTERNATIONAL RATES IS BEYOND ME -- BUT IT WILL BE SEEN ON SUNDAY THE AUCTIONS WERE USED AS A TOOL BY CBI IN THE TIME OF SANCTIONS BANKRUPTCY-- IN ORDER TO CONTROL INFLATION ---- AND THEN TO GET RID OF THE US DOLLAR ETC--- THE REMITTANCE SYSTEM IS THE USE OF INTERNATIONAL BANKS AND THEIR SYSTEM TO WIRE FROM INTERNATIONAL ACCOUNTS -- INDEPENDENT AND CORPORATE ETC ---- THAT IS GOOD --- SO MANY YEARS WENT BY WHILE WE WAITED FOR THE AGREEMENT BETWEEN ERBIL AND BAGHDAD AND NOW FINALLY HERE WE HAVE IT – IT’S GREAT. BGG Blog
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