Frank26, KTFA, News Dinar Recaps 20 Frank26, KTFA, News Dinar Recaps 20

Frank26, WS, MilitiaMan and Don061 "CBI and Fab 4 Meeting Notes" 4-23-2020

.KTFA:

Don961: Reducing the dinar price and its impact on the Iraqi economy

Wednesday 22 April 2020 Engineer Mohamed Sahib Al Daraji

In light of the current economic conditions accompanied by government failure in managing the file of monetary and financial policies in Iraq, the issue of devaluation has emerged, which is the devaluation of the Iraqi dinar vis-à-vis the US dollar and other currencies in a deliberate and deliberate manner, noting that this differs from the change in the exchange rate that is subject to For the supply and demand process in the currency markets.

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Frank25 Video "The Exchange Secret" and more Monday PM 4-20-2020

.KTFA:

DocMagee94: https://www.breitbart.com/economy/2020/04/20/oil-price-crash/

MarkPam: One cannot look at the oil decline as an Iraqi play exclusively.

This is a world-wide impact to many markets "especially" those with oil as a major part of their GDP. Think oil, gold, and other commodities impact and how they will play a part in the currency markets themselves. Think of the impact on the............petro-dollar??? Boom!

CBI still engaged and Rain you are correct, the calculations have been done and should see soon.

This is global...like the IQD....like COVID....will impact everybody.

Game On...but not for long!! Remember, if the IDQ comes out with a low number and "coincidently" the price of oil is low too??? Timing!!

Can you beat the clock??? LOL Exciting times we are seeing for sure.

Tick Tock!! All IMO

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Frank26 Q&A and KTFA Members Saturday Evening 44-18-2020

.KTFA:

Don961: The Governor of the Central Bank stresses the need to maintain the continuity of the banking system

Baghdad / Al-Ghad Press

Finance Minister Fouad Hussein, with the Central Bank Governor Ali Al-Alaq and bank managers, urged the latest OPEC agreement and the request of foreign loans

A statement of the media office of the Minister of Finance, received by "Tomorrow Press", stated that "Deputy Prime Minister and Minister of Finance Fuad Hussein presided over an expanded meeting in the presence of the Governor of the Central Bank, the Under Secretary of the Ministry of Finance, general managers of Rafidain and Rashid and Iraqi banks for trade, customs and tax authorities, and the Public Debt Department to discuss the economic and financial situation for the sake of Securing government needs"

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Frank26 Video , CC Replay and more Monday Night 4-13-2020

.KTFA:

7-FA: U.S. Embassy Baghdad

2 hrs ·

U.S. State Department - Washington
Office of the speaker
April 13, 2020
Press Release From Secretary of state mike boom

Political situation in Iraq

The United States is looking forward to the formation of a new Iraqi government capable of facing the corona, overcoming the current economic crisis of the country and holding arms in the hands of the state. The main mission of the new government must be to place the Iraqi interests first and meet the needs of the Iraqi people and welcome the unanimity of Shia and Sunni political leaders and to respond to the formation of the government.

The Iraqi people call for real reform and credible leaders. These demands deserve to be met without violence or oppression. We stand with the Iraqi people to achieve this effort and look towards a sovereign, prosperous Iraq free of corruption and terror.

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Frank26 Q&A and KTFA News Saturday Night 4-11-2020

.KTFA:

Samson: Canada: The G20 agreed on the necessity of stabilizing oil prices

08:37 - 11/04/2020

Canadian Minister of Natural Resources Seamus Origan announced that the G20 countries, including Russia and Saudi Arabia, have agreed on the necessity of stable oil prices.

In the wake of the ministerial meeting of the twenty countries to discuss measures to achieve stability in the oil market, the minister revealed that the parties concerned agreed to form a working group to follow up on collective efforts to deal with oil issues.

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KTFA Members "Currency Manipulation Law -Boom" and more...4-7-2020

.KTFA:

Walkingstick: Washington intends to monitor the Central Bank of Iraq for this reason

2020-04-07

The Lebanese MTV channel revealed, today, Tuesday, the US administration's intention to place the Central Bank of Iraq under supervision for its involvement in withdrawing the dollar illegally, she said.

The channel said that its sources in the American administration told it that Washington was preparing for the possibility of putting the Iraqi Central Bank under surveillance because of its "involvement in illegally withdrawing the dollar and smuggling it to Iran and its arms in the region." LINK

Clare: IMO, REMEMBER FRANK SAID LAST NIGHT "GIVE IT A MINUTE " ....ABOUT THE CURRENCY MANIPULATION LAW GOING INTO EFFECT 4/6 ....AND BOOM!......

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Frank26 Video "Told You So" and KTFA News 4-6-2020

.KTFA:

DELTA: The crisis and central procedures

Over the past six years, the Central Bank has registered great achievements for Arab organizations and institutions

And internationalism, despite the importance of all the accomplishments that have been achieved, we can mention in this article the most prominent of them.

It has made it in the field of combating money laundering and terrorist financing, and leading monetary policy in light of the crisis in which oil prices have decreased in previous years and its initiative to support development,

By launching the Five Trillion Initiative for government banks, in addition to one trillion for private banks to support and encourage industrial, agricultural and small housing projects

Both large and large, and worked to maximize the bank's reserves

Iraq from gold and hard currency.

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Saturday Night Frank26 Q&A and KTFA Members News 4-4-2020

.KTFA:

Don961: The Finance Committee comments on the central bank’s decision to stop the flow of the dollar

Politics 04/2020 17:34 3323 Baghdad today _ Baghdad

The Finance Committee commented, on Friday, on the Central Bank’s decision to stop the dollar from flowing into the market with the aim of floating the dinar and reducing its value, in order to fill part of the budget deficit and the needs of the government.

The committee’s rapporteur, Ahmed Al-Saffar, said in an interview with (Baghdad Today) that “reading the intention of the central bank to stop the flow of the dollar and floating the dinar to fill part of the state’s budget deficit is impossible, but it may be in harmony with the current situation to compensate for the shortfall in oil revenues” .

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Walkingstick, Frank and MilitiaMan Tuesday PM 3-31-2020

.KTFA:

Walkingstick: F.. this one......

Is Iraq resorting to printing currency to overcome its financial crisis?

Adel Fakher - Baghdad

The appearance of Muhammed Salih, advisor to the Iraqi Prime Minister, confirmed that the options to face the financial situation are heading towards pressure of expenditures, and that the issue of printing the currency is merely a proposal that is not consistent with the Central Bank Law, which confirms that the printing of banknotes is aroutine technicalprocedure practiced by the bank according to the requirements of cash circulation, and that the printing process Completely separate from the cash issue process.

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