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gregp
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Posts posted by gregp
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1 hour ago, GregHi said:
It’s back up..
shows a rate of 1310 per USD..
Way to ruin the buzz dude.
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This is good stuff
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Just now, gregp said:
Yes it is. 2:55 am Jan 1stStill Down.
Oklahoma time
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3 hours ago, 6ly410 said:
well this is cool…
Yes it is. 2:55 am Jan 1stStill Down.
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14 hours ago, BETTYBOOP said:
Al malaki is desperate to see how many of his cronies still have a seat
Malaki needs to be dropped into the peeler.
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3 hours ago, 6ly410 said:
done deal imo
This article let the cat out of the bag.
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10 hours ago, 6ly410 said:
Let the float starts soon!
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PM Advisor: The first step to regulate trade relationship between Iraq and Turkey
politicsINA - BAGHDAD
The Prime Minister's Advisor for Financial Affairs, Mudher Muhammed Salih, confirmed on Monday, the beginning of the first step to organize the trade relationship between Iraq and Turkey using the two countries' currencies and with solid mechanisms.
“Turkey is one of the three major trading partners from whose Iraqi markets get imported goods and services. The volume of imports from it reaches $14 billion annually. Iraq currently occupies advanced ranks in Turkey’s exports to the world, where it does not advance only by the United States, Germany, and Italy," said Salih to the Iraqi News Agency - INA.
He added, "Unfortunately, it was noted that the regulation of foreign trade financing and settlements between the two countries was mostly carried out through the parallel exchange markets. This matter has two negative repercussions. The first is the noise caused by this irregular and illegal parallel market on the stability of the exchange rate. Its operations are also rare, subject to the risk of money laundering, which is categorically rejected by law in both countries, due to the unacceptable problems it causes that are rejected by the official authorities.”
"The first step in regulating the relationship between the regular markets of the two neighboring countries began through the desire of both parties to improve the means of commercial and economic transparency in a way that serves opportunities for stability and joint investment, as well as to build vital and important strategic bridges between the two countries, including the start of the Development Road project that was announced by PM Muhammed S. Al-Sudani, which links the economies of Asia and the Gulf with Turkey and Europe together, in addition to what Iraq’s important geostrategic role represents in this major development project," he explained.
Salih stressed, "Based on the desire of the Turkish Exporters Union to find relations of understanding and build stable policies between market organizations in the two countries, the joint Iraqi-Turkish committee concerned with market forces has been formed, which will draw positive milestones on the path to stability and development of long-term economic relations, especially in the areas of contracting, trade and investment."
"The two countries' national currencies will be a tool for direct exchange between the two countries, and via solid and stable mechanisms that the Central Bank of Iraq will draw up measures for, including the draft equal deal that supports the stability of commodity supply in Iraq, which the government statement mentioned in this regard," he highlighted. -
16 hours ago, rvmydinar said:
Is it a good news for dinar holders?
You laughed at the article, just as you do every article and then you ask if this is good for us? I would say the mold is a little distorted.
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Boom! This is an excellent article!
Thanks!
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1 hour ago, ScaryMary said:
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1 hour ago, Laid Back said:
Openness to International trading….. BIG Step Forward.!
Go Iraq 🇮🇶
Go international
Go open market economy
Go stronger dinar
I agree. Big step.
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2 hours ago, RJG said:
Sorry Gregp, I posted the same thing you did on a new thread. But I agree with you, this is huge. First it was Turkey, now UAE! We are seeing them slowly branch out to go international. We are in great times!
This is about to pop!
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The UAE joined the BRICS movement. Iraq just connected banks with the UAE.
SAY Goodbye to the US dollar!
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Huge! Huge! Huge!
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CBI, FAB agree to fund trade and imports in Dirham
EconomyINA- Baghdad
The Central Bank of Iraq CBI and First Abu Dhabi Bank FAB agreed Wednesday to fund trade and imports in Dirhams.
CBI said in a statement received by the Iraqi News Agency INA, that "the Governor of CBI, Ali Mohsen Al-Alaq, met in Dubai with the Chairman of the First Abu Dhabi Bank, Hana Al Rostamani," indicating that "during the meeting, launching financial transfer operations and funding trade and imports between both countries in Dirham through FAB were agreed on."
"Financial Transfers in UAE Dirhams began today and will be the first phase of this agreement with five Iraqi banks, a matter that will increase gradually, signalizing that "this step comes within enabling Iraqi banks to build relations with established international banks, to reduce reliance on the electronic platform for financial transfers and to work under normal international practices adopted in enhancing the balances of Iraqi banks for trade finance purposes,” the statement also said.-
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I guess we’ll take our gear with us.
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Climate change =
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Iran needs nuked….Hydrogen style.
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Good time for an RV.
that would give them 4 to 5 days of internet blackout.-
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2 hours ago, screwball said:
Already linked to swift have been for over 15 years…BRICS yep already connected to correspondent banks..as for sanctions are irrelevant hence why they are linked to BRICS…no more U.S. sanctions because you didn’t agree with the us! Countries are sick of sanctions and wars!
The Middle East needs to flush out the U.S.
They are tired of the corruption. Biden stuck a fork in it.
The U.S. is done.
CBI DOWN
in Iraq & Dinar Related News
Posted
A real CBI killjoy you are.