Frank, Delta, and MilitiaMan: "The Lava Flow Continues" 11-10-19

KTFA:

Samson:  Attar: The stability of the Iraqi monetary market is near

10th November, 2019

A member of the Iraqi Economic Council Ghadeer al-Attar, Sunday, near the return of the stability of the situation of the Iraqi monetary market.

Attar said in a statement, received / Mawazine News / copy of it, "the status of exchange and cash will return to normal after the statement of the Central Bank of Iraq, the distribution of shares of specialized companies selling hard currency in the daily auction."

Al-Attar pointed out that "what happened during the last week of the rise in exchange rates of the Iraqi dinar against the US dollar is an emergency and will not last long."     LINK

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Frank26: PICS AND DISCRIPTIONS ...................... SMALL NOTES............ CBI TALKING ONLY TO CITIZENS............ AND ALL DURING THE PROTESTING.

OMG FRANK26!!!! ............. THE RI WILL NEVER HAPPEN !!!

I SIMPLY SMILED AND SAID ................... ITS CALLED A  PAUSE .............. BUT THE LAVA FLOW CONTINUES.

WATCH............ NOW !!!! FOR THERE ARE NO PAUSES WITH .......... DADDY.(Trump)

DELTA:  18 HOURS AGO...  ALAQ AND FINANCIAL MINISTER WITH MAHDI...IMO.... GATE IS ABOUT TO OPEN FAMILY... LET ME EXPLAIN ..THERE IS SOME REFORMS THAT WILL TAKE TIME BECAUSE THEY DEAL WITH CONSTITUTION. BUT AS FAR AS REFORM THAT DEAL WITH MONETARY POLICY  WILL NOT TAKE THAT LONG... IMO... MR IS READY TO GO ...

Frank26:  BUT OF COURSE ........... WHOS YOUR DADDY ?

NOW DO YOU UNDERSTAND MY KTFA KONA ?

TOLD YOU THAT ON THIS SUNDAY .............. DADDY WOULD
BE THERE ......... SMILE.

MY GOODNESS ARE WE GOING TO HAVE FUN ON YOUR MONDAY CC TOMORROW.......... SWEET SLIHA SUNDAY. 

Mr. Harfax:   Given the timing of events and the determination to ensure Iran does not prosper I believe this goes further and do not think it a coincidence that the schedule has been moved to a point in time that will in all likelihood align with the release of FISA which coincidentally was also delayed from its late October release.  IMO there are others who they don’t want to prosper from this event...

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Samson:  Al-Fayez: The blocs, the government, the United Nations and the demonstrators have agreed to resolve the crisis   LINK

Frank26:  LIAR LIAR PANTS ON FIRE !!!   LOL

IT WAS WORKED OUT LAST WEEK......... IMO OF COURSE.

HENCE WHY WE TOLD KTFA FAMILY ........... ‘’WATCH” ............. TRUMP GET DEEPER INVOLVED WITH IRAN AND IRAQ........ TA DA  SMILE.

Frank26:  Family in my opinion there’s only so much time left for what we call a receipt schedule therefore in my opinion now watch once again but this time WATCH........... the reinstatement and the CBI travel at a much faster SPEED than we have ever seen    In Godspeed

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MilitiaMan:  The Finance Minister, Alaq and Mahdi in the same room for what? We all know what the implications are. They are talking money and how that will effect the demands of the citizens and their purchasing power. imo 

The timing of it is no coincidence imo. Nor is the timing of the CBI publishing the article noted in post #54. Modifying contracts is change. This article has massive implications for us. Once a rate changes the contracts will be modified accordingly to reflect equivalency.

This article may very well be an integral component that is preceding full compliance with Article 8. I am not saying this is a smoking gun, but, it clearly has fire power with it's timing and the implications that come from it. It is limited in content yes, but, the wording used is specific, powerful and it just may be enough to have put everyone on notice that the next step is close at hand. They use the wording "in the event of the merger".

That is saying a merger is coming, imo. Companies will need to amend contracts to be fair!!! The amount of currency dispensed will need to be amended accordingly!!! That notice from the CBI today on the back drop of yesterdays meeting makes me believe that the speed Frank is talking about is front and center now.

The CBI probably told the Finance Minister and Mahdi to get the lead out.. lol As, the pricing in country has been fluctuating of late, hence, they may have sped up auctions to contain that?

So, they all know that this should have been done a along time ago (GOI knuckle heads) and now they apparently know they painted them selves into a corner and the demonstrations proved it. The MR's have to get done.. And now that appears to be the case they will. 

Notice below that the Blocs, the Government, the United Nations (DADDY, effectively. imo) and the demonstrators have agreed to resolve the crisis. The only thing that will be put out over time now is the GOI demands not the monetary reforms. The monetary reforms will be the catalyst for the country to enter into a full market economy. The constitutional issues, as Mahdi rightfully mentions will take time, and they agreed on that apparently.

So don't let the GOI issues reflect against the CBI. My view is Mahdi and the Finance Minister may have finally given Alaq the green light, thus, the merger or modifications of contracts on cash withdrawal expectations. They were or are now in a pinch and needed to fix the pricing asap, then as noted they tell them to be ready to modify contracts. Those contracts are about currency.. imo.

The stability of the Iraqi Money Market is near they say.. Yes, they should say that too. As the CBI acted and still is acting on what is urgent. They cannot afford to lose control of the  internal fluctuations in the exchange rate going south any more than what it has. So all thing interlinked imo bodes so very well for us.. imo ~ MM

 

 

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