More News, Rumors and Opinions Late Thursday Night 7-21-2022
TNT:
Yada: Wow folks,,there is an article/line on the CBI site stating: The Central Bank will adopt a specialized electronic platform for the purposes of exchanging documents and data with all banks" Basically, this requires their banks to have everything uploaded so they can do business internationally with all banks worldwide.
Yada: The CBI will move on this no later than 8-15-22 BUT, they have to move on this now in order to keep from losing the contract they set up with the French Oil company TOTAL which is before the end of this month.
Yada: The ministries were given to go ahead with this last week so they are well aware hence, another indications what the other central banks were preparing for in the dinar rate REISSUED.
Tishwash: this is what Yada is talking about
Electronic platform
The Central Bank will adopt a specialized electronic platform for the purposes of exchanging documents and data with all banks .. To view, click here
M/ the electronic platform
good greeting .
Proceeding from this bank’s keenness to develop banking work in accordance with international best practices in line with the technical developments witnessed by the global banking industry, which will be reflected in raising the level of compliance of the banking sector operating in Iraq with local and international requirements, which will give it more opportunities to expand external banking activities with Correspondent banks, thus attracting a larger segment of the commercial operations available in the market.
As this bank will adopt a specialized platform for the purposes of exchanging documents and data with all banks, which will allow you to benefit from many services, including trading foreign currencies and stocks, and access to global financial markets in order to analyze financial data to benefit from them in raising the level of efficiency of decisions related to investment and others, so your banks must
Subscribe to this platform no later than 15/8/2022
And you can contact the Department of Financial Operations and Debt Management via e-mail (e-platform@cbiraq.info) for the purpose of asking any inquiry or clarification from you regarding the method of subscribing to it. with Appreciation. link
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Courtesy of Dinar Guru
Walkingstick [via Frank26] The GOI has worked on 9 tenders with countries around the world...for goods, or services ...beyond their local borders - The EU, the Asian theater etc. many countries. All 9 tenders have been rewritten and recalculated in the form of IQDs. Why would they do this with a CBI program rate? They would never do it. That's why they've never done it. What is about to happen is historical. This is a very telltale sign of what's going on. The government seated will disclose this information very soon.
Fleming ...Iraq might, might start at the end of the month. They are still deciding what to do about Maliki, who’s holding up the process making it impossible for the people of Iraq to do anything... the new IQD (at the new in-country rate of $3.22+) is still being traded on the back Bank Screen. It will be brought back anywhere from $3.22 up to $22.00...This is not anything anyone can confirm, unless you have access to back Screens – as a Fed licensed Trader...It will happen when the time is right...Bottom line, the RV is happening...
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Important! BIGGER CRACKS IN THE FINANCIAL SYSTEM... IS A FULL ON MELTDOWN CLOSE?
Greg Mannarino: 7-21-2022
BANKS IN TROUBLE? What's Jamie Dimon Is Saying
Lynette Zang: 7-21-2022
The banking stocks are not doing well. Neither are the banks. Let's talk about it.
Chapters:
0:00 Introduction
0:51 “Negative Consequences on the Global Economy”
3:26 Banks Pass Fed Stress Test
10:33 Banks Suspend Buybacks & Revenues Drop
19:59 The Visible Price of Gold is Manipulated
22:30 What's Next?