KTFA:

MilitiaMan: Imo.. This is not all about Iraq. It is about a global initiative. We just watched over 500 Central Bankers and Bankers and then down to Community Bankers converge in respect to the global digital transformation and in Iraq’s back yard.

Thinking this roll out is like status quo is sadly mis guided. The WB, IMF, UST, EU, etc, didn’t manage this process for to allow the parliament of Iraq to get tin the way and throw shoes at one another!! That is utter none sense..

The data shows they have come so far that even their own people can not fathom just how far they have come.. They’ll be proud..

.KTFA:

DCDriver: Am I reading this right? " Next Sunday is the date that the Central Bank will offer "new amounts" of hard currency?

MilitiaMan: Yes, you did read that right imo.. Iraq at 1190, 1450, 1553, 1600 or even 2000, as the numbers have been floated over the preceding 4-5 days suggest they are not hard currency numbers. They are effectively exotic.. lol

Now take that in mind to what is expected from the CBI and not street traders or bankers, etc., and have the CBI drop three zeros from any of those aforementioned numbers and you get international hard currency. imo.. That also, if we think and are correct, it will suggest they will need to show new small category notes to go along with the adjusted new rate.

.KTFA:

Samson: Anxiety prevails among Iraqis for fear of the deterioration of the purchasing value of the dinar

The Iraqi local markets witnessed a new rise in the exchange rate of the dollar against the Iraqi dinar, as the value of one dollar reached 1500 Iraqi dinars, a clear difference from the rate set by the Central Bank, which is 1450 dinars to the dollar.

And the new value of the rise was recorded in the Baghdad Stock Exchange for hard currencies and exchange companies in the Al-Kifah and Al-Harithiya areas in Baghdad, as well as Erbil, and in the event that the rise continues until the end of the day, this means that the price will remain unchanged until next Sunday, which is the date for the resumption of official working hours and the Central Bank offering new amounts of hard currency within the policy of preserving the value of the dinar.

.KTFA:

Don961: «Arab Monetary» and the Bank for International Settlements discuss monetary policy

Thursday 03 June 2021 Abu Dhabi: Follow up

The Arab Monetary Fund, in cooperation with the Bank for International Settlements, organized the fourth “remote” meeting of the Monetary Policy Working Group in the Arab Countries, during the period from 31 to 2 of this month.

The meeting presented global economic and financial developments and their repercussions on the banking sector and the management of monetary policy in the Arab countries, as well as discussing a number of technical issues related to the role of monetary policy in overcoming the repercussions of the Covid-19 pandemic, in coordination with both fiscal and macroprudential policies.

.KTFA:

Samson: Without knowing the reasons, the trading system in the Saudi Stock Exchange has stopped

2nd June, 2021

Suspended the stock trading system in the Saudi Stock Exchange, on Wednesday, without the operating institution announcing the reason for this.

And the Saudi Al-Ekhbariya channel said, in a report today, that “the trading system was disrupted by 10:56 Mecca time (+3 GMT), while the stock exchange did not announce the reasons for this until the moment, which the channel described as unprecedented for more than 15 years.

For his part, a customer service center with a financial company said, in press statements, that "there is no known reason for stopping or a specific time for trading to resume again," at a time when the trading screen on the stock exchange's website showed a complete halt.

Previously, the trading system in the Saudi Stock Exchange was deliberately suspended during major events such as holidays and some emergency occasions

.KTFA:

Samson: Barzani: Iraq has an opportunity to be one of the most advanced countries in the region, on condition

05/31/2021 14:05:01

Today, Monday, the Prime Minister of the Kurdistan Regional Government, Masrour Barzani, received the Governor of Basra, Asaad Al-Eidani.

In the meeting, which was attended by Member of Parliament Aras Habib Karim, Al-Eidani indicated that Basra has benefited greatly from the successful experience that the Kurdistan Region enjoys in the reconstruction and provision of services, and said that the allegations accusing the region of developing itself at the expense of Basra and other governorates are incorrect.

.KTFA:

Samson: Deputy: The articles of the contested budget law have nothing to do with the share of the Kurdistan region

30th May, 2021

A member of the Finance Committee in the House of Representatives, Sherwan Mirza, announced that the articles of the federal budget law that the federal government challenged have nothing to do with the Kurdistan region’s share of the budget, indicating that the federal government can implement the law," but that requires a visit by a technical delegation from Erbil to Baghdad

Mirza said, "The Iraqi government has problems with the law, and has challenged ten articles of it while awaiting a decision on these appeals, and the contested articles have nothing to do with the share of the Kurdistan region, so Article 11 is not among them.

.KTFA:

Samson: Parliamentary energy determines two matters to implement the agreement regarding oil exports to the region

27th May, 2021

The Parliamentary Oil and Energy Committee announced, on Thursday, that the implementation of the agreement on oil exports to the region needs two matters, while indicating that the announcement of the non-commitment of one of the parties to the agreement is premature.

The deputy head of the committee, Rebwar Taha, said, according to the official agency, that "the committee's legislative and oversight role is to follow up and implement agreements, including the region's oil exports agreement between Kurdistan and Baghdad," indicating that

"the announcement of non-commitment by one of the parties to this agreement included in the budget law regarding oil exports in "The territory is premature."

.KTFA:

Samson: State Bank of Vietnam (SBV) approves plan for digital transformation by 2025

26th May, 2021

Nguyễn Thị Hồng, deputy governor of the State Bank of Việt Nam (SBV), has just approved a plan for digital transformation of the banking industry by 2025, with a vision to 2030.

The plan is expected to comprehensively renovate the management activities of the SBV in a modern direction, on the basis of effective application and exploitation of achievements of the fourth industrial revolution, fully meeting the Government's criteria and indicators on digital transformation.