We Are Close To Securing The Country’s Full Needs.

[Luigi1]

Here's some articles of Dinarian interests....

We Are Close To Securing The Country’s Full Needs.

Weekly Trading Indicators For The Iraqi Stock Exchange.

Treat as rumors.  Not verified.  Your opine.

 

 

 

 

Tlm724 Administrator Bondlady’s Corner:                The CBI Denies That There Is A Problem With The Liquidity Of The Iraqi Dinar.

ARTICLE:  The CBI Gov, Ali Al-Alaq denied the existence of a problem with the liquidity of the Iraqi Dinar, while indicating the imminent launch of the new mechanism for travelers to obtain the Dollar.

 

Al-Alaq said in a statement, “What is being raised & rumored about the existence of a problem with the liquidity of the Iraqi Dinar is untrue, and that the CBI is continuing the process of responding to requests related to liquidity, as well as the Ministry of Finance.”

 

He pointed out, "The CBI is developing the mechanism for passengers to obtain Dollars smoothly at Iraqi airports, some of which have completed the system with the presence of relevant exchange companies & banks distributing Dollars."

 

Al-Alaq pointed out, “The new mechanism will go into effect soon & the traveler will obtain the Dollar by registering through the platform & receiving it at the airport to ensure that the Dollar reaches the real traveler.”

 

 

 

 

From Other Sources:                          The CBI Promises To Develop A New Mechanism For Delivering Dollars At Airports.

ARTICLE:  The Gov of the CBI, Ali Al-Alaq, announced the development of a new mechanism for delivering the Dollar at Iraqi airports to ensure that the Dollar reaches real travelers.

 

Al-Alaq said in a press interview, “The new mechanism includes registration through an electronic platform & receipt at the airport by the traveler, indicating that the system and the presence of the relevant exchange companies have been completed in some airports, & the mechanism will be launched very soon.”

 

The Gov of the CBI confirmed that “there is no problem with the availability of the Iraqi Dinar or liquidity & that the CBI has not stopped for a moment in responding to requests related to liquidity & what is related to the Ministry of Finance.”

 

He pointed out that “the CBI pays great attention to electronic payment & electronic collection & that it cooperates with the PM, government institutions & the private sector to enhance this field,” considering that “the launch was very successful & the size of the numbers reflects this.”

 

 

 

 

From Other Sources:                   PM: We Are Close To Securing The Country’s Full Needs For Derivatives No Later Than The Middle Of Next Year.

ARTICLE:  PM Muhammad Shiaa Al-Sudani confirmed on Friday that he is close to securing all of the country’s needs for derivatives no later than the middle of next year.

 

The PM's Media Office stated, in a statement, seen by a news agency, that "PM Muhammad Shiaa Al-Sudani visited the Al-Shamal Refinery in Baiji, which was rehabilitated after a hiatus that lasted more than 10 years."

 

The PM pointed out that "many Iraqis were waiting for this important achievement after the destruction that befell the refinery," recalling "the martyrs & wounded who defended this land & liberated the refinery from the terrorist ISIS gangs, so that a new era would begin whose heroes were the engineers & workers of the Northern Refineries Company who... They took on the challenge of rebuilding this important vital refinery.”

 

He stressed that "many doubted the return of the refinery materials that were made in cooperation with the Kurdistan Regional Government of Iraq," noting that "with this achievement, we are close to securing the country's entire needs for derivatives, no later than the middle of next year, which will save us billions of Dollars that will be invested in In other service & economic aspects, by stopping the import of petroleum derivatives, we will thus achieve the goals of reform.”

 

 

 

 

From Other Sources:                  Oil Prices Are Declining Globally After A Decline In Demand.

ARTICLE:  Oil prices fell in Asian trading, today, Friday, as investors monitor signs of weak supplies with continued concerns about declining demand.

 

According to press reports, Brent crude prices witnessed a decline to about $83 per barrel after a 1.6% rise in the previous two sessions, while West Texas Intermediate crude was trading at about $78 per barrel, according to Bloomberg data analysis.

 

Oil spreads show signs of a stronger market, while US crude inventories expanded less than expected last week.  Although US crude inventories rose less than expected, they remain high for the fourth week in a row. Stocks in the Cushing Center in Oklahoma, which is considered a delivery point for US crude contracts, extended for the 2nd week, but remain below seasonal averages, according to observers.

 

 

 

From Other Sources:                           Weekly Trading Indicators For The Iraqi Stock Exchange.

ARTICLE:  The Iraq Stock Exchange organized five trading sessions today, Thursday, during the third week of February 2024.

A statement from the stock market stated, “During the third week of February 2024, five trading sessions took place from Sunday, 02/18/2024, to Thursday, 02/22/2024. During this week, the following indicators were achieved:

1- reached The number of shares traded during this week was more than (16) billion shares.

2- The value of shares traded this week amounted to more than (16) billion Dinars.

3- The market trading index closed for the first session of the week at (910.92) points, while the At the end of the week, the index reached (917.42) points, achieving an increase of (0.71%) over its close at the beginning of the session.

4- During this week (3378) buy & sell contracts for shares of companies listed in the market were executed.

 

 

[Luigi1]

Here's another article related to the above...Coalition forces will be compensated...

 

 

 

TNT via Tishwash:        Al-Araji: There Will Be A Return Of Gratitude To The International Coalition Countries That Provided To Iraq.

ARTICLE:  National Security Advisor Qasim Al-Araji said on Saturday that the federal government will conclude bilateral security agreements with the countries of the international coalition forces led by the US as a response to what they provided to Iraq in the war against ISIS & there will be no rift with them if they withdraw from the country. 

 

Al-Araji's statements came during a dialogue session on the sidelines of the 6th Baghdad International Conference, which began this morning.

 

Al-Araji said in his statements that drugs have become the 1st danger in Iraq.  ISIS is present in some remote places such as mountains & caves & the security & intelligence services have accurate information about this presence & are targeting the organization’s leaders.

 

 

[NMP2017]

41 minutes ago, Luigi1 said:

Here's another article related to the above...Coalition forces will be compensated...

 

RV? SHOW US THE MONEY!!!   🙏

[Luigi1]

1 minute ago, NMP2017 said:

RV? SHOW US THE MONEY!!!   🙏

 

 

[cranman]

So, what calculations are they making to cone up with this compensation. It's been over 20 years since we've been in the country.

 Will they repay us the amount we've spent in the 20+ years? 

Will there be a revalue/ reinstatment so that the dinar our government holds , and us, is worth 1000X more than it is now?

 

I'm hoping for the latter.

 

[screwball]

On 2/25/2024 at 6:03 AM, Luigi1 said:

Here's another article related to the above...Coalition forces will be compensated...

 

 

 

TNT via Tishwash:        Al-Araji: There Will Be A Return Of Gratitude To The International Coalition Countries That Provided To Iraq.

ARTICLE:  National Security Advisor Qasim Al-Araji said on Saturday that the federal government will conclude bilateral security agreements with the countries of the international coalition forces led by the US as a response to what they provided to Iraq in the war against ISIS & there will be no rift with them if they withdraw from the country. 

 

Al-Araji's statements came during a dialogue session on the sidelines of the 6th Baghdad International Conference, which began this morning.

 

Al-Araji said in his statements that drugs have become the 1st danger in Iraq.  ISIS is present in some remote places such as mountains & caves & the security & intelligence services have accurate information about this presence & are targeting the organization’s leaders.

 

 

Yep…it’s called defence force contracts…

[screwball]

And it’s called dinar…many countries hold mucho dinars