HOT: Tuesday Morning News / Opinions - 2/07/2023

[6ly410]

[6ly410]

pump - lets go

[6ly410]

[NEPatriotsFan1]

Here’s another channel stating this as well, we’ll see

 

https://twitter.com/blackberryxrp/status/1623033755454607392?s=46&t=ER_cs4Ft_GwWb_YILkQBPg

[6ly410]

2 minutes ago, NEPatriotsFan1 said:

Here’s another channel stating this as well, we’ll see

 

https://twitter.com/blackberryxrp/status/1623033755454607392?s=46&t=ER_cs4Ft_GwWb_YILkQBPg

 

[6ly410]

 

[Floridian]

Someone posted today that they changed the rate to 1300 Dinars to the dollar.  

So what's the big deal?????  

Why are Iraqi's rushing to trade in their dollars?

[NEPatriotsFan1]

1 minute ago, Floridian said:

Someone posted today that they changed the rate to 1300 Dinars to the dollar.  

So what's the big deal?????  

Why are Iraqi's rushing to trade in their dollars?

Comments below were saying $3.48 to $1 still rumor 

[6ly410]

[Pitcher]

1 hour ago, 6ly410 said:

pump - lets go

 

Let’s go RV!!   Let’s go 6ly!!  

Thank you for all the articles. 
I have the Root Beer on standby.
Cheers Bro!!  😃 😎 
 

 

[6ly410]

3 minutes ago, Pitcher said:

 

Let’s go RV!!   Let’s go 6ly!!  

Thank you for all the articles. 
I have the Root Beer on standby.
Cheers Bro!!  😃 😎 
 

 

Cheers bro !!

[jg1]

1 hour ago, 6ly410 said:

 

Looks like someone let the cat out of the bag. Why else would those currency windows be looking like a bank run?

[jg1]

14 minutes ago, Pitcher said:

 

Let’s go RV!!   Let’s go 6ly!!  

Thank you for all the articles. 
I have the Root Beer on standby.
Cheers Bro!!  😃 😎 
 

 

You’re making me want to sing this song. A&W root beer has that frosty mug taste. All together now. 123 and four.

[Pitcher]

36 minutes ago, jg1 said:

1 hour ago, 6ly410 said:

Looks like someone let the cat out of the bag. Why else would those currency windows be looking like a bank ru

This is exactly what we want. Countries all over the World are turning away from the dollar.   They will be running on a CBDC  backed by a basket of sovereign commodities, metals, oil, etc… Look at the Cryptos that are being used to develop those CBDC’s.  QNT, Ripple, Stellar, etc.  ISO 20022 goes live March 20th.  Look who is leading this charge. 
 

 

 

[Pitcher]

This bodes well for our Stock Market

 

 

 

[screwball]

6 minutes ago, Pitcher said:

This bodes well for our Stock Market

 

 

 

Wonder why? Because you are now under treasury control and 45 is King!

[Pitcher]

Agree screwball!!!

 

The Great Setup.  

3D Chess

[hspotman]

Bah, I got into this when it was 1170.  Until then, I won't celebrate nuttin!

[Inbedded HorseHead]

Meh…same as hspotman,…..this is a nothing burger as usual…groundhog days…

[pokerplayer]

I love to be a fly on the wall for this one ! 

pp

 

Iraq's foreign minister, along with the central bank's acting governor, Ali Al-Allaq, and advisers, are scheduled to visit Washington to discuss issues including the newly applied standards for US dollar transfers.( the visit is starts on Feb 8 )

The premier stated that the US dollar exchange rate fluctuation versus the Iraqi dinar will be discussed during the visit. 

[pokerplayer]

The Central Bank: Selling the dollar at the new price of 1,300 dinars will start from Wednesday

Today, Tuesday, the Central Bank announced the start of selling the dollar at the new price of 1,300 dinars, starting tomorrow, Wednesday.

The Central Bank said in a statement: “The Central Bank of Iraq will start selling the dollar at the new official price, starting on Wednesday, corresponding to 2/8/2023.”

The statement added, “It will continue its procedures and steps until the dollar exchange rate stabilizes according to the official exchange rate, and announces its readiness to meet all legitimate requests of individuals, companies, projects and offices to achieve the bank’s goal of stabilizing the general level of prices to protect the purchasing power of citizens, especially since the new exchange rate granted to merchants.” Others offer lower prices for citizens.

He continued, “The exchange rates will be as follows:
1300 dinars per dollar, the price of buying a dollar from the Ministry of Finance.
1310 dinars per dollar, the selling price of the dollar to banks through the electronic platform.
1320 dinars per dollar, the sale price of the dollar from banks and non-bank financial institutions to the final beneficiary.

On Tuesday, the Council of Ministers approved a decision to amend the exchange rate of the dollar, equivalent to 1,300 dinars.

A brief statement stated that "the cabinet approved the decision of the Board of Directors of the Central Bank of Iraq to amend the exchange rate of the dollar against the dinar, at the equivalent of 1,300 dinars to one dollar."

Specialists suggested that the exchange rate will collapse in the coming hours, and whoever saves the dollar should go to exchange immediately before its collapse against the Iraqi dinar.

On Tuesday evening, the exchange rates of the dollar against the Iraqi dinar witnessed a sharp decline in the local markets

The exchange rate of the dollar on the Baghdad Stock Exchange was 143,000 Iraqi dinars, while the exchange rate of the dollar on the North Stock Exchange was 151,000 Iraqi dinars for every 100 US dollars.

While the exchange rates of the dollar in the South Stock Exchange amounted to 144,500 Iraqi dinars.

The First Deputy Speaker of the House of Representatives, Mohsen Al-Mandalawi, also appreciated the Council of Ministers' approval to adjust the exchange rate of the dollar.

Al-Mandalawi said in a tweet on Twitter: “We appreciate the cabinet’s approval of the decision of the Central Bank’s board of directors to adjust the exchange rate of the dollar against the dinar, and we affirm our support for these efforts to alleviate the burden of the people.”

Al-Mandalawi called on “the government to tighten control over merchants and exchange rate manipulators to control the market, and to expedite the submission of the budget according to the new price.”

[screwball]

4 hours ago, pokerplayer said:

Today, Tuesday, the Central Bank announced the start of selling the dollar at the new price of 1,300 dinars, starting tomorrow, Wednesday.

Isn’t the meeting in the US on the 8th? Hmmm…

[screwball]

4 hours ago, pokerplayer said:

Specialists suggested that the exchange rate will collapse in the coming hours, and whoever saves the dollar should go to exchange immediately before its collapse against the Iraqi dinar.

🤣

[rvmydinar]

4 hours ago, pokerplayer said:

Specialists suggested that the exchange rate will collapse in the coming hours, and whoever saves the dollar should go to exchange immediately before its collapse against the Iraqi dinar.

It depends on which rate are they talking about? 1,460 or 1,300 that makes the exchange rate collapse.

[6ly410]

Sudani: Preparing the oil and gas law in "coordination" with the regional government

Al-Sudani: Preparing the oil and gas law in "coordination" with the regional government – Iraq News Network (aliraqnews.com)

Last Updated: February 8, 2023 - 11:22 AM

Baghdad / Iraq News Network - Al-Sudani said during the weekly press conference, on Tuesday evening, that "the oil and gas law is one of the government's obligations, and there is a draft law that is being circulated between the Federal Ministry of Oil and the Ministry of Natural Resources in the Kurdistan Region." Four years ago, it provides a quarter of the amount of imported gas within 15 days of its implementation, and can rely on Iraqi natural gas during the next two years as an alternative to imported gas and covers all local needs."The oil and gas law is one of the most important causes of disputes between Baghdad and Erbil, and throughout previous governments and parliamentary sessions, the political blocs have not agreed on a final version of this law.