HOT: Iraq Goes Totally Digital, Today.

[Luigi1]

Here's an article from Dinarland...

ICBI orders all banks & exchanges to go digital as of today.

Treat as a rumor.  Not verified.  Your opine.

 

 

Zig’s Place:  The CBI Imposes Electronic Platform On All Banks & Exchange Companies.

ARTICLE:  (Document)  Today, Sunday, the CBI imposed the electronic platform on all banks & exchange companies, starting tomorrow.   The bank said, according to a document addressed to all licensed banks, all exchange companies & all licensed foreign currency mediation companies, which a news network reviewed, that “it was necessary to adopt the electronic platform for the cash sale of foreign currency, as of Monday, corresponding to 2/20/2023.”   He added, “The bank or company that does not use the aforementioned platform will be denied access to its weekly share of cash (dollars).”  


 

[Luigi1]

here's two more article related to the above...

 

Militiaman:  CBI Governor Alaq Talking About The Iraqi Dinar Becoming A Major Currency.  

ARTICLE:  The CBI is trying to reevaluate all monetary policies and to control the dollar in the parallel market expanding the circle of direct dealings in international currencies.  That was back in February…they were including…yuan…euro… yen…and dollar…Why is that important?  [Post 1 of 2….stay tuned...

 

Militiaman:  Because They’re Going To Try & Facilitate The Transfer Of Monies In International Trade In Foreign Currencies … With The IQD. 

ARTICLE: As far as I can tell that happened…I think we can take it seriously that something’s really up…the migration of the ISO-20022 is an international payment transaction system starts the 18th to 19th.  The data is out there.  It’s not something they’re gonna not do…as of yesterday they’re basically stating that they have no delays and they’re going to migrate… Post 2 of 2.

 

[Luigi1]

here's another article related to the above...the news just keeps on getting better...

 

 

From Other Sources:  The Decline In Dollar Prices In Baghdad & Erbil.

ARTICLE:  The exchange rates of the US dollar against the IQD decreased today, Monday, in the main stock exchange in the capital, Baghdad, & in the Kurdistan Region.   A news agency reporter said that the Al-Kifah & Al-Harithiya Central Stock Exchanges in Baghdad recorded 155,900 IQD for 100 US Dollars this morning.   While the prices on Sunday morning were 156,300 IQD, compared to 100 Dollars.  Our correspondent indicated that the buying & selling prices decreased in the exchange shops in the local markets in Baghdad, as the selling price reached 157,000 IQD per 100 US Dollars, while the purchase prices amounted to 155,000 IQD per 100 US Dollars.

 

[Luigi1]

Here's another article related to the above...EU is now ISO compliant...there's no stopping this GCR...

 

Goldilocks:  The Migration Of ISO20022 Has Gone Smoothly In Europe.

ARTICLE:  It looks like the International Payment System that unifies all of the payment systems from around the world is connecting the world as we speak to each other.   Remember, Europe are the nations that has more payment connections than anywhere else in the world.   It was the nations we had trouble with last November that kept us from moving forward at that time.