CBI DOWN

[new york kevin]

Recently saw an article on another site the rate will be 12/1 in 2026.

[rvmydinar]

30 minutes ago, new york kevin said:

Recently saw an article on another site the rate will be 12/1 in 2026.

Could you post the link / sources to back up the article?

[6ly410]

6:17 p.m.

Tuesday, January 2, 2024  (GMT+3) 

Time in Iraq

[Spartakus]

A government advisor announces the entry into force of the 2024 budget

1/1/2024

The economic and financial advisor to the Prime Minister, Mazhar Muhammad Saleh, announced today, Monday, that the 2024 budget has entered into force.

Saleh said {to Al-Furat News} that: “The federal general budget issued pursuant to Law No. 13 of 2023 is a tripartite budget, that is, it was enacted for three years, and therefore the entry into the new fiscal year 2024 has been automatic from today.”

He explained, "This is based on the adoption of the federal general budget for the year 2024, and the 12/1 exchange rule does not currently exist in accordance with the amended Financial Management Law No. 6 of 2019 until the beginning of the year 2026 if the financial situation at that time requires its application."

Saleh added, "This rule, i.e. disbursement 12/1, also depends on the timing of the 2026 budget legislation."

From: Raghad Dahham   LINK

 

This is the article, I don't think that this "... 12/1 exchange rule...." has anything to do with exchange rate.

[new york kevin]

1 hour ago, rvmydinar said:

Could you post the link / sources to back up the article?

Might be a tough one to achieve. That was 8, maybe 12 years ago. Mr Montana had discovered it, perhaps it’s in DV archives .!

[6ly410]

⏰ 

[6ly410]

they changed the day to pay everyone from Jan 2 - now it is Jan 3  - Jan 2 ( today ) banks are closed for inventory.. 

[6ly410]

so in a nutshell… did they prep today for the big day tomorrow ? Small notes ? 

[6ly410]

Maybe ? I don’t know ? 🤷‍♂️  just a thought… considering with everything going on… this could definitely be a possibility..? Budget spending 1310?

[Longtimelurker]

1 minute ago, 6ly410 said:

they changed the day to pay everyone from Jan 2 - now it is sad Jan 3  - Jan 2 ( today ) banks are closed for inventory.. 

 

1 minute ago, 6ly410 said:

Maybe ? I don’t know ? 🤷‍♂️  just a thought… considering with everything going on… this could definitely be a possibility..? Budget spending 1310?

I've always considered Thursday and Sunday as the most likely days to make a big rate change but I'll take Wednesday 

[6ly410]

ISX: A platform for unlisted joint stock companies will be launched on Jan. 2, 2024

ISX will launch a new platform for unlisted joint stock companies (OTC) on Jan. 2, 2024.

[6ly410]

7:55 p.m.

Tuesday, January 2, 2024  (GMT+3) 

Time in Iraq 

[6ly410]

this is going be very exciting over next 24 hrs… imo .. the question is the spending … we are going to see it very quickly now.. imo

[6ly410]

unless there is something that I don’t know .. could be who knows… but if they spend the budget .. 1310  is not the real rate … again it makes no sense to wait til now to spend at 1310….

 

[new york kevin]

Or Yota discovered it.

[new york kevin]

10 minutes ago, 6ly410 said:

 

ISX: A platform for unlisted joint stock companies will be launched on Jan. 2, 2024

ISX will launch a new platform for unlisted joint stock companies (OTC) on Jan. 2, 2024.

When will the ISX be listed on the NASDAQ ? Are there plans for that in the near future?

[Jaygo]

5 minutes ago, new york kevin said:

Or Yota discovered it.

I miss Yota! 😭

[Half Crazy Runner]

1 hour ago, Jaygo said:

I miss Yota! 😭

Me too, but I think @6ly410 is doing a fantastic job bringing in the news!!    
Many, many thanks for all your efforts!! 

[rvmydinar]

4 hours ago, new york kevin said:

Recently saw an article on another site the rate will be 12/1 in 2026.

1/12=0.083 USD. I don't mind waiting until 2026 IF I say IF this rate will really come true, eventhough it is less than a dime. At least , it is still better than the current rate 1/1310=0.00076 USD.

[6ly410]

If that can’t use the dollar, then they’ll have to use the dinar which will need to show up on forex and it’s impossible to do everything they said they would as far as infrastructure and rebuilding their country at 1310

[6ly410]

so… I don’t believe the rate in the budget is 1310 …. we are about to find out when they start spending … 

[6ly410]

Payments for salaries have yet to be exposed…

[6ly410]

🔜

[cody406]

11 minutes ago, 6ly410 said:

🔜

[6ly410]

Inventory complete today… 01/02/24   …….. 01/03/24 budget payments?