MarkZ
[via PDK]
Article:
‘This week a parliamentary session is set to approve the Popular mobilization Law in a new format’
I think this one is important…It looks like they have found a compromise with the new US ambassador (Miller I believe). My Iraqi sources say they now have a workable compromise. A moderate version of this law. A date will set this week. So we are seeing progress.
We have a bit more news than I was expecting today – out of Iraq…being a holiday and all. But most expectations are for tomorrow by most of my contacts. Noone knows when notifications are coming…but there is a tremendous amount of anticipation for September 2nd…
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Frank26 (KTFA)
The fact that there was a powerful article that came out yesterday giving the definition of the float…It said that your [Iraqi citizens] currency is about to be part of the reason they’re talking about the float. It’s because internally they have done a good job to educate you through the ASRAFRAK education of the monetary reform. They even did a good job collecting the 3-zero note with the cards…and accounts they’ve opened. I believe you are close to 90% retrieved inside of Iraq of the 3-zero notes. Then they will retrieve the rest of the 3-zero notes outside of Iraq with the float. This is a genus plan.The investment side [of the budget] is hiding 12-2c that has the new exchange rate. The operational side of the budget takes care of their daily needs, their daily bills…They’re hiding it especially from parliament, not necessarily from the world or from the Iraqi citizens, but from the thieves that want to ruin this monetary reform success.
I am not a proponent of the GCR. I am not a supporter of a currency global reset, but I’m not s****d enough not to consider it…This year, because of Trump, to see what he’s doing with all these currencies around the world, wow! And they’re freaking obeying him.Which is even more, wow-Wow!
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MilitiaManThere is a powerful amount of data that shows Iraq is fully integrating into the global financial system. There’s no doubt in my mind. No doubt whatsoever…If you do your research and get a good proper analysis of what it really means and you have a collective of it, it’ll make you really smile big time.Are they going to pass the Hydro Carbon Law when Iraq is at 1310.They could have done that 5 years ago at 1166 or 1450 but they never did. They haven’t done it yet at 1310, 1320. They haven’t. Why hasn’t the port of Cyan pumped oil yet. Why hasn’t article 12-2c of the 2023-2024 budget schedules been presented to the parliament yet. Because they don’t need to know [the rate] until the last moment. That’s my view.Clare (KTFA)
Article:
‘The Ministry of Commerce announces the completion of 7 major files related to Iraq’s accession to the World Trade Organization (WTO)’
Quote:
‘The Ministry of Trade announced on Monday that the current government’s efforts to secure Iraq’s accession to the World Trade Organization ( WTO )…noting the completion of seven major files…Iraq is now in an advanced position paving the way for fulfilling the requirements for full membership.’
Article:
‘Iraq has about $100 billion in its covers: with held reserves and citizens left out of the equation – Urgent’
Quote:
‘According to observers, ultimately, any financial figure is worthless unless it is translated into living reality. While the state celebrates its ranking on reserve lists, citizens are not looking for a ranking but rather an outcome: Will this money be used to protect the dinar. To support prices. To build factories. To free the market from dependency. Or will it remain a mere mortgage asset, from which Iraqis see nothing but slogans of autonomy and headlines in international reports.’
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Walkingstick (KTFA)
Aki is going crazy right now because he’s one of the [Iraqi] private banks [in the U.S.]. The private banks went online for international transactions that is about to occur with the dinar globally. These private banks are waiting for you to come in and exchange your 3-zero notes. These private banks by going online and making these claims showed a lot of faith in Iraqi banking system and security of the banks of Iraq…
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Nader From The Mid East
Question:
‘What is the mood of the people of Iraq.’
Everything is going good…But it’s still a lot of work to do…Banks in Iraq, the financial system in Iraq will be the number one in the Middle East and North Africa. They’re working on it…They build a whole new financial system. It takes a while to do that…
Fnu Lnu
Perplexity AI report:
‘The Iraqi Dinar (IQD) currently operates under a fixed exchange rate system, with its value set and controlled by the Central Bank of Iraq (CBI)…the currency does not freely float on global forex markets…There is no official indication that Iraq plans to switch to a floating rate in the immediate future.’
There is a continuing debate about the IQD at a fixed rate or a float. My personal belief is that a fixed rate is necessary at the beginning of the Iraqi renaissance because many things need to be controlled…
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Kaperoni
Article:
‘American magazine: Iraq quietly re-enters international trade’Source : dinarchronicles
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