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Found 13 results

  1. Here's some articles of Dinarian interests... De-Dollarization of Iraq implemented. US puts more pressure on CBI. Treat as rumors. Not verified. Your opine. Yada: De-Dollarizing Iraq. ARTICLE: The removal of the Dollar will increase the value of the Dinar from the reissued rate & none of the international contracts would be worth anything if the rate was not adjusted. We are in the midst of seeing that now… Understanding where Iraq came from, what they had to do go get back to international standards & watching it come to pass as needed is key to confidence we are about see it transpire. Tlm724 Administrator Bondlady’s Corne: US Pressure On The Central Bank & Finance Is Pushing The Dollar Towards Decline. ARTICLE: Informed sources confirmed that the US Ambassador in Baghdad, Alina Romanowski, with the support of a specialized team from the UST T, exerted significant & continuous pressure on the CBI & the Ministry of Finance in order to adhere to international standards in the field of transferring & exchanging money with the world. Three sources familiar with Iraqi political & economic affairs, on condition that their names not be mentioned, explained to Al-Mustaqla that these pressures came within the framework of the US’ efforts to enhance financial & economic stability in Iraq & to stand up to money laundering operations, terrorist financing & Ddollar smuggling to parties classified by the international community as supportive of terrorism.
  2. Here's three articles of Dinarian interests... Stern controls over the USD are being implemented in Iraq. This is to counter corruption & illegal trade with US sanctioned nations. The USD will still be used in Iraq but it will be tightly controlled. Treat as rumors. Not verified. Your opine. FROM OTHER SOURCES: Will The Dollar Disappear In Iraq? ARTICLE: For eight months, the CBI has been unable to stop the rampage of the Dollar against the Dinar in the parallel market. This is offset by the absence of the ability to meet the Dollar demands that cover foreign trade in light of the expansion of Iraq’s import list & its limitation to exporting oil only. The electronic platform recently introduced by the CBI was not able to restore stability to the parallel market & reduce the gap between the official price & the parallel price, as most transfers still take place outside that platform, especially with countries that are witnessing US sanctions such as Iran, Syria & entities in Turkey. With this landscape full of uncertainty, Iraq intends to completely ban transactions in US Dollars starting from January 2024, under the pretext of reducing the misuse of hard currencies, financial crimes & currency smuggling abroad. From my point of view, the timing of this measure is not correct, in light of the absence of solutions to the problems facing the parallel markets for foreign currency, as this portends an exacerbation of the cash or cash crisis in Iraq, and there is a possibility that matters will reach a severe shortage in the Iraqi monetary mass, which means resorting to… The CBI will print money & the consequences will be dire, most notably the monetary inflation that a number of countries in the region are currently witnessing, such as Iran, Turkey & Lebanon. Here I call on the CBI to work diligently towards adopting a new currency to replace the Dollar, such as the Euro, for example, the Chinese yuan, or the Emirati dirham. This is not easy, but it is not impossible, while working to use gold as an agreed-upon unit for evaluating goods & services. This trend would reduce the pressure on the Dollar in the parallel market & would also be a fatal blow to speculators in the parallel markets, in addition to preserving trade with countries that are currently witnessing economic sanctions by the UST Department & the US Federal Bank. Today, the CBI has a historic opportunity to address and manage the Dollar ER & arrange the parallel market securities, in a practical & decisive manner & work to determine priorities in the monetary market with the aim of improving the stability of the foreign currency. This is matched by a serious effort to push private banks towards providing the best services to customers & creating a spirit of competition between them. In order to attract the hoarded cash mass outside the Iraqi banking system. FROM OTHER SOURCES. Strict Measures Regarding The Dollar In Kurdistan Following A Decision Related To The Iraqi Dinar: ARTICLE: Kurdistan Customs Director Samal Abdul Rahman revealed that strict measures have been taken for the purpose of preventing the smuggling of Dollars & hard currency from the region. Abdul Rahman told “Baghdad Today”, “The decision to collect fees in Iraqi Dinars at border crossings is an important decision aimed at preserving the hard currency & also strengthening the Iraqi Dinar.” He added, “This measure is very important, and a good step aimed at strengthening the dinar, and the measures taken by the Customs Directorate at all ports and airports are deterrent measures for the purpose of preventing smuggling.” FROM OTHER SOURCES: The Kurdistan Regional Gov To Collect Taxes, Fees At Border Crossings In IQD, Instead Of The USD. ARTICLE: The Department of Media and Information stated in a statement, “Based on a decision issued by the Kurdistan Region Council of Ministers, customs duties and taxes at border crossings and customs points will be collected in Iraqi Dinars instead of Dollars,” indicating that “any party that does not adhere to this decision will be subject to punishment.” She stressed that “all ministries & relevant authorities will be bound by this decision & in the event of any violation occurring at one of the border crossings or customs points, the violator will be subject to punishment.” Experts point out that some of these cash sales allocated to travelers leak into the black market and are purchased by merchants to finance their trade with countries banned from the Dollar, led by Iran, from which Iraq’s annual import volume amounts to approximately 10 billion Dollars.
  3. Here's an article of Dinarian interests... US has the right to set controls on the use of its currency. Treat as a rumor. Not verified. Your opine. FROM OTHER SOURCES: Sudanese Advisor: America Gives Us Instructions & Does Not Impose Pressure On The Dollar. ARTICLE: Muhammad al-Najjar, advisor to the Prime Minister for Investment Affairs, stressed that the method of cash in Iraq must be electronic, noting that the US Federal Reserve’s instructions to Iraqi banks were years ago, but previous governments “ignored” them.” Regarding the impact of the Dollar ER on internal investment in Iraq, Al-Najjar said in a press interview that this problem produced confusion in the market at the beginning of its appearance, due to the presence of contracts signed in Dollars, but now it has “adjusted” because most of the contracts, especially the executive ones, were signed in Iraqi Dinars, indicating that the issue The effect will decrease until the old contracts signed in US currency expire. He pointed out that countries around the world approve contracts in local currency, with exceptions, according to the type of project. Regarding the possibility of controlling the Dollar ER or not, he commented that this is “related to the transfer of a culture, from paper to electronic & this process takes time,” stressing the need for the method of cash in Iraq to be electronic & not as is prevalent through paper currency. The Prime Minister’s Advisor for Investment Affairs pointed out that “some are trying to exploit this stage,” pointing out that the process of transferring from cash to data “is in the interest of the Iraqi state to control & track funds, especially in light of the existing financial corruption.” Regarding the US Federal Reserve’s pressure on Iraq, Muhammad al-Najjar considered it “instructions, not pressures,” adding that the US government has the right to set controls on the use of its currency.
  4. Here's an article of Dinarian interests... USD crisis in Iraq worsens. USD dries up in Iraq. Treat as a rumor. Not verified. Your opine. FROM OTHER SOURCES: “Dealing With Dinars Is Much Better.” ARTICLE: The Dollar transfer will not be withdrawn in cash after today. A financial expert explains the chaos in Baghdad’s banks. Over 964 Iraqi financial expert Mahmoud Dagher explained to the 964 Network the chaos that banks in Baghdad witnessed today, Sunday, after depositors were UNABLE to RECEIVE their money in Dollars. He said that amounts deposited in cash can be withdrawn in cash, but this never applies to remittances. The Dollar Exceeds The Barrier Of 160 Thousand Dinars In Baghdad Markets & Money Exchangers Economy. Monday (October 9, 2023), Dollar prices recorded a significant jump in the markets & exchange offices of Baghdad, to record a record exceeding 160,000 per hundred Dollars. The “Baghdad Today” correspondent said, “Selling prices in money exchange shops in the capital, Baghdad, amounted to 160,500 Iraqi Dinars for every 100 US Dollars, while purchasing prices recorded 159,500 Iraqi Dinars for every 100 US Dollars.” Private banks are accused of taking over the largest part of the currency selling window, especially for the cash Dollar, which has become extremely difficult for travelers to obtain, which forces them to buy the Dollar from the parallel market, while the travelers’ share of the Dollar in these banks goes for the purpose of speculation.
  5. Tlm724 Administrator Bondlady’s Corner: CBI Confirms The Continued Arrival Of Dollar Cash From The UST. ARTICLE: The CBI confirmed, today, Friday, that the Dollar shipments sent by the US Federal Bank are proceeding according to a specific schedule & timings agreed upon between the two monetary institutions. The CBI stated in a statement received by a news agency, that it “denies news & media reports that talk about stopping or reducing shipments sent to the bank,” noting that “yesterday, Thursday, the shipment was received on time.” He called on the media to “be careful in publishing information related to monetary policy in Iraq & take it from its approved sources through the official website & official accounts on social media sites.” FROM OTHER SOURCES: US: Iran Is Stealing Iraq's Oil Profits. ARTICLE: The United States Refuses To Hand Over A Billion Dollars To Iraq From Its Oil Sales Economy. Washington rejected Iraq’s request for $1 billion in cash from the Federal Reserve, arguing that it conflicted with their efforts to curb Baghdad’s use of the Dollar & stop illicit cash flows to Iran. The American newspaper “The WSJ” reported that since the American invasion of Iraq two decades ago, the US has provided $10 billion or more annually to Baghdad through bi-monthly cargo flights & the money is derived from the proceeds of Iraqi oil sales deposited with the Federal Reserve Bank. American officials said, “Banknotes in the hands of Iraqis have become a lucrative source of illicit Dollars that go back to militias & corrupt politicians, as well as to Iran.” By applying for an additional $1 billion shipment, Iraq says it needs the money to help prop up its faltering currency. A senior Iraqi official explained, “Last week, the CBI submitted an official request, which the Treasury Ministry is still studying, after Washington rejected the initial request submitted by Iraq last month.”
  6. Here's an article of Dinarian interests... US-Iraq to be linked to the USD. Iraq eases tensions with it's Neighbours. Treat as a rumor. Not verified. Your opine. FROM OTHER SOURCES: Baghdad & Washington Are Negotiating About Linking The Iraqi Market & Currency To The USD. ARTICLE: Baghdad & Washington are negotiating about linking the Iraqi market & currency to the Dollar. The Iraqi Foreign Minister, Dr. Fouad Hussein, confirmed that the provisions of the security agreement recently signed between Iraq & Iran have been fully implemented by the Iraqi side. Hussein explained that the terms of the agreement were fully implemented by the Iraqi side, with regard to the return of militants present on the border between the two countries in the Kurdistan Region to refugee camps. Regarding the political and security importance of this agreement, Hussein stressed that Iran’s cessation of bombing areas in the Kurdistan Region was a condition of the agreement, in exchange for removing militants from the border, which the federal government did in cooperation with the Kurdistan Regional Government, in an “important & successful” process for both sides. . Regarding the possibility of signing a similar agreement with Turkey regarding the presence of Kurdistan Workers’ Party (PKK) militants, whom Ankara demands to be removed from the border, Hussein stated that Baghdad has always been in favor of dialogue, hoping for “intensive dialogue by the same means” with the Turkish side. The Iraqi diplomat says that Ankara has not yet made room to discuss solutions to this problem in another way, far from the use of weapons and violence.
  7. Here's an article of Dinarian interests... CBI Reveals who actually controls the USD ER in Iraq. Bankers greed for profit led to the slide of the IQD. Firing CBI Director Alak will not solve the issues. Treat as a rumor. Not verified. Your opine. Tlm724 Administrator Bondlady’s Corner: Sudanese Adviser: Iraq Did Not Actually Come Out Of The 7th Item & This Is The One Who Controls The USD. ARTICLE: The technical advisor of PM, Mohamed Sahib Al -Daraji, confirmed today, Tuesday, that Iraq has not actually left under the 7th item, indicating that the Federal Bank controls the Dollar. Al -Daraji said in an interview with a program in the retirement broadcast by the Alsumaria satellite channel, that “the Dollar file is old and its connection with the approval of the Federal Bank on transfers & Iraq that came out of the 7th item but not actually,” explaining that the Dollar file requires the control of the CBI & banks did not practice in the process of transferring the Dollar, What gave the American federal to pressure through political extortion & I personally filed a lawsuit to pass the money abroad & this prompted the government to take measures that affected the Iraqi economy. He added: “The banking system is incompetent & bank owners seek a quick profit without taking into account the general economy of the country,” stressing that “retailers do not deal with the platform in order to escape the routine and commissions, which led to the exit of the Dollar through the cashier & not the banks through incorrect documents & bills, which led To smuggle the Dollar abroad.” Al -Daraji pointed out that “the CNI did not control the process of converting bills & accurate them with the electronic platform & there is a significant height in the forged bills”, noting that “there is a problem in the reality of the money that is published on the platform & is awaiting the approval of the federal to transfer it & wait for the foreign audit company, which leads to the delay in the completion of Dollar transactions & transfers for merchants. He stressed that “the defect is not in the person of the CBI Governor, but rather in the banking system that needs a bold official & thinks outside the fund, although this will expose him to the question.” And Al -Darraji said that “my presence in Mosul does not mean anything except that Mosul is an Iraqi, which is a disaster province & needs to be reconstructed and saved through coordination between ministries, governorates, grants & loans to distribute them in Shell Adel & create societal peace and ages for all its regions.” He stressed that “there are parties responsible for auditing & supervising & it is not my responsibility to be the head of a high committee for the reconstruction of Nineveh in cooperation with the governor & other parties & our mission is to implement government decisions.”
  8. Here's an article from Dinarland... Iraq may be losing the battle to strengthen the IQD. Iraqi demand for the USD keeps the Dollar strong against the IQD. Currency speculators, profiteering, greed, corruption, blamed. Treat as a rumor. Not verifed. Your opine. From Other Sources: The Iraqi Dinar Maintains Its Low Price & The Budget Provides Liquidity In Favor Of The Dollar. ARTICLE: The exchange rates of the Dollar are rising in the local markets, while government measures are trying to absorb the national currency in the markets to preserve its value. He received the reasons for the rise in merchants & banking transactions, as this rise settled at 1460 Dinars per Dollar. The liquidity of the Dinar leads to an increase in the demand for the Dollar, whether through the window of selling the currency to meet the consumables or through the parallel market. Iraq spends no less than 109 trillion on salaries. The exchange rate witnessed an unprecedented rise since the end of last year in conjunction with the launch of the electronic platform that requires private banks to participate in it in exchange for obtaining their share in the currency auction & the refusal of some of those banks to participate in the platform led to a deficit in Dollar sales in the markets in conjunction with increasing of demands. The exchange rates of the Dinar, including its relative strength or weakness against the USD, are affected by several factors. Iraq’s general economic conditions play an important role. With slower economic growth, high inflation, or political instability, it can undermine investor confidence in the Dinar. As a result, the demand for the Dinar decreases, causing its value to drop against stronger currencies such as the USD. Different interest rate policies between countries affect exchange rates. If the US Federal Reserve raises interest rates, it can attract capital inflows from foreign investors looking for higher returns. This increased demand for Dollars can lead to a strengthening of the USD compared to other currencies. The currency markets in Iraq are affected by speculators who anticipate future movements in exchange rates. Speculators can bet on the currency, which can lead to its depreciation if their actions are large enough. The Minister Of Oil & The Secretary General Of The Gas Exporting Countries Forum Stress The Importance Of Supporting Gas & Renewable Energy Investment Projects.
  9. Here's an article from Dinarland... USD dries up in Iraq. Treat as a rumor. Not verified. Your opine. From other sources: “There Is No Dollar Except In The Alleys, And The Price Is Black”: ARTICLE: Speculation That Will “Raise” Food Prices economy |Today, 13:51 Baghdad today – Diyala The head of the Diyala Governorate Chamber of Commerce, Muhammad Mulla Jawad, revealed today, Thursday, that the sale of the dollar in the exchange offices in the province has stopped and that it is satisfied with buying according to the official price, “then selling it at black market prices in the alleys to avoid censorship.”
  10. From around Dinarland... At first, the CBI removes the Dollar from the streets. Now CBI wants to put the Dollar back in the hands of it's citizens. What's going on? CBI reverses course. Treat as a rumor. Not verified. Your opine. Bondlady's Corner via TLM724: ARTICLE: The Governor Of The CBI Affirms The Bank's Keenness To Provide Foreign Currencies To The Citizens. New instructions will be issued to a number of banksregarding the price of the Dollar. CBI has taken taken several measures since last week to stabilize it's exchange rate of the Dollar while calling on the banks to sell the Dollar to it's citizens on official holidays.
  11. Here's an urgent article from Dinarland... The CBI stops dealing in USD with four banks in Iraq. The Petro Dollar is officially dead. Treat as a rumor. Not verified. Your opine. TNT via Tishwash: ARTICLE: The CBI Stops Dealing In USD With Four Banks In Iraq. The CBI issues a circular to all appropriate banks & non appropriated banks & financial institutions. Banks confirmed in a letter obtained by NAS that for auditing purposes, it was decided to stop dealing in USD with permission of dealing with them in other countries.
  12. 6 September, 2018 22:14 TANK...ATTENTION: IMPORTANT UPDATE 9/6/2018 • The Federal Reserve has just been stripped of their legal right to hold USD as currency. (And no, this is not to introduce the fraudulent USN) • Transfers from the Manna World Holding Trust were initiated and officially cleared by the United States Treasury on Friday August 31st, 2018. Legally the banks had 24 hours from that point to credit the accounts receiving said transfers. • The Global US Banks involved are currently refusing to credit transfers that have already been approved by the United States Government. They have provided no legal explanation. • These institutions are currently committing treason against the American People and the United States Government. • The funds contained within the Trust and the current authority over these funds has been verified and cleared by the Bank of International Settlements and they are providing a report to the United States Government to support the audit of all US Based Banks. *It is my understanding that this process has already begun. • The activity of the Chinese Elders and Rothschild Dragon Families to keep Government approved allocated funds out of the United States and away from projects needed to create jobs and stimulate the economy is treason and should be considered an act of war against the United States. • Except for the CIA, every other major intelligence agency, Homeland Security, the IRS, BIS, and the United Nations have now officially recognized the existence of the Manna World Holding Trust, the legality of the funds there in, and the Trustee’s authority over them. Each have provided letters to verify these findings, and are currently watching the activity of the banks very carefully to see if they cooperate. • If the banks do not clear our project funding tomorrow then they will have their legal authority to hold USD stripped from them as well. *The so called Quantum Hercules Financial System is no more. It launched on Tuesday and was taken down within 12 minutes. It will not recover.
  13. 7/27/2016 WingIt: THE BIG CALL NOTES W/ BRUCE AND COMPANY ~ JULY 26th 2016 GRATITUDE'S FOR PINKROSES ASSISTANCE ! Bruce: We know that there has been some progress moving through internationally with the currencies, with the USN and without talking about specifics. We heard in the morning the USN was made live. We did hear that did occur overnight last night. That puts in a new game. It puts us our USD that is gold backed can be utilized around the world, that was required to have done before essentially the Rv and 800 numbers be rolled out. Some administrative holds that we gotten out of, they been released. Then we heard one more part still hanging on, that was released overnight last night. That is part of the release of the new gold back currency we call USN. Those two happened together. Bruce: Where are we now? WE are in the process moving along, more fast than expected. In a situation, communicating, pinging between banks around the world,so all got proper info about our USN and able to receive it, acknowledge it and a ping we got it and on board for it. That is occurring. We are in a great position right now.
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