URGENT: IQD Is Now Trading Internationally.

[Luigi1]

Here's an article of Dinarian interests...

IQD Is Now Trading Internationally.

This is a F26 rumor...tread lightly.

Treat as a rumor.  Not verified.  Your opine.

 

 

 

Frank26  via  Iraq Boots-On-The-Ground Report.      FIREFLY:    IQD Is Now Trading Internationally.

ARTICLE:  The CBI says the ATFX has been launched Today in Iraq for the very first time. 

It’s up and running.   It’s online & it’s trading.   It is a foreign currency exchange center.

 

[Luigi1]

Here's another article related to the above...

 

 

From Other Sources:  The Sudanese Financial Advisor Talks About The Measures To Control The Dinar.   ARTICLE:  Adviser to the PM for Financial Affairs, Mazhar Muhammad Salih, confirmed the strength of quantitative & price monetary policy tools in managing public liquidity, while identifying the factors for stabilizing the purchasing power of the Iraqi Dinar.

 

Saleh said in a statement to the official agency, “Some are betting on the impossibility of controlling the levels of local liquidity generated by government spending, especially in the federal general budget 2023, which is based on methods of financing the budget in Iraqi Dinars in Exchange for oil revenues in foreign currency mostly, as oil revenues constitute reserves.”  

 

The CBI, which helps to intervene in the money market to sterilize local liquidity levels & control them when they rise through the ability to meet the increasing demand for foreign exchange.  

 

He added, “The bet is losing on the ability to intervene & control the levels of liquidity in Dinars, which will rise with the rise in government expenditures due to the conditions of the compliance platform & the fear of them in meeting the demand for foreigners.” exchange.   Monetary policy & the strength of foreign reserves, which are the highest in the country’s financial history, are the only ones that possess the price tools.” And the different quantity affects the levels of liquidity that government spending mostly generates.

 

[Luigi1]

Here's another article related to the above...

 

 

Clare:     ATFX Launched In Iraq...partners with UK FOREX.

Article: “ATFX Launches Operations In Iraq With Ashur Bank Partnership”  Quote:  “UK-based online trading & foreign exchange company ATFX has announced the start of operations in Iraq, in partnership with Iraq’s Ashur Bank.”

 

[Luigi1]

Here's another article related to the above...

 

 

MarkZ  via  PDK:   They Certainly Act Like They Are International.

ARTICLE:  Lot of international stuff happening in Iraq- Which doesn’t make much sense for a country without an international currency.   Article came out- “ATFX Launches operations in Iraq with Asure bank”   They certainly act like they are international…It is clearly showing us where they are at & progress…

 

[JonnyV]

ATFX is not trading now.  Only agreements were signed a few days ago in Malaysia.  Probably soon enough.  Don’t forget, trading was stopped for 5/6 days in Iraq.  

Edited June 30, 2023 by JonnyV

[Luigi1]

12 minutes ago, JonnyV said:

ATFX is not trading now.  Only agreements were signed a few days ago in Malaysia.  Probably soon enough.  Don’t forget, trading was stopped for 5/6 days in Iraq.  

 

 Yup.  Trading to resume on 3 July.   A very good RV day to watch out for.

[screwball]

13 hours ago, JonnyV said:

ATFX is not trading now.  Only agreements were signed a few days ago in Malaysia.  Probably soon enough.  Don’t forget, trading was stopped for 5/6 days in Iraq.  

yep.....so NOT international yet...soon