KTFA Sat. Night CC: "FRANK26….3-2-24……IMO…SOMETHING IS GOING ON"
KTFA
Saturday Night Conference Call
FRANK26….3-2-24……IMO…SOMETHING IS GOING ON
This video is in Frank’s and his team’s opinion only
Frank’s team is Walkingstick, Eddie in Iraq and guests
Playback Number: 605-313-5163 PIN: 156996#
KTFA
Saturday Night Conference Call
FRANK26….3-2-24……IMO…SOMETHING IS GOING ON
This video is in Frank’s and his team’s opinion only
Frank’s team is Walkingstick, Eddie in Iraq and guests
Playback Number: 605-313-5163 PIN: 156996#
Saturday Night "Humor While We Wait" Posted by Mot At TNT
Mot: Why Some Men Have A Dog And No Wife:...............
Why Some Men Have A Dog And No Wife:
1. The later you are, the more excited your dogs are to see you.
2. Dogs don't notice if you call them by another dog's name.
3. Dogs like it if you leave a lot of things on the floor.
4. A dog's parents never visit.
5. Dogs agree that you have to raise your voice to get your point across.
6. Dogs find you amusing when you're drunk..
Mot: Why Some Men Have A Dog And No Wife:...............
Why Some Men Have A Dog And No Wife:
1. The later you are, the more excited your dogs are to see you.
2. Dogs don't notice if you call them by another dog's name.
3. Dogs like it if you leave a lot of things on the floor.
4. A dog's parents never visit.
5. Dogs agree that you have to raise your voice to get your point across.
6. Dogs find you amusing when you're drunk..
7. Dogs like to go hunting and fishing.
8. A dog will not wake you up at night to ask, "If I died, would you get another dog?"
9. If a dog has babies, you can put an ad in the paper and give them away.
10. A dog will let you put a studded collar on it without calling you a pervert.
11. If a dog smells another dog on you, they don't get mad. They just think it's interesting.
And last, but not least:
12. If a dog leaves, it won't take half of your stuff.
To test this theory:
Lock your wife and your dog in the garage for an hour.
Then open it and see who's happy to see you
~~~~~~~~~~~~~
WHY MEN ARE NEVER DEPRESSED:
Men Are Just Happier People-- What do you expect from such simple creatures? Your last name stays put. The garage is all yours. Wedding plans take care of themselves. Chocolate is just another snack. You can be President. You can never be pregnant. You can wear a white T-shirt to a water park. You can wear NO shirt to a water park. Car mechanics tell you the truth. The world is your urinal.
You never have to drive to another gas station restroom because this one is just too icky. You don't have to stop and think of which way to turn a nut on a bolt. Same work, more pay. Wrinkles add character. Wedding dress $5000. Tux rental-$100. People never stare at your chest when you're talking to them. New shoes don't cut, blister, or mangle your feet. One mood all the time.
Phone conversations are over in 30 seconds flat. You know stuff about tanks. A five-day vacation requires only one suitcase.. You can open all your own jars.
You get extra credit for the slightest act of thoughtfulness. If someone forgets to invite you, he or she can still be your friend.
Your underwear is $8.95 for a three-pack. Three pairs of shoes are more than enough. You almost never have strap problems in public. You are unable to see wrinkles in your clothes. Everything on your face stays its original color. The same hairstyle lasts for years, maybe decades. You only have to shave your face and neck.
You can play with toys all your life. One wallet and one pair of shoes -- one color for all seasons. You can wear shorts no matter how your legs look. You can "do" your nails with a pocket knife. You have freedom of choice concerning growing a mustache.
You can do Christmas shopping for 25 relatives on December 24 in 25 minutes.
No wonder men are happier.
Mot: . ooooohhh - the magic Ya Gets from Raising the ""Wee Folks"" Sandals for birthday
Mot: . Puts Me foot Down I Did!! - Made the Big Decision!!! - Sooo I'm travel the world
Goldilocks' Comments and Global Economic News Saturday Evening 3-2-24
Goldilocks' Comments and Global Economic News Saturday Evening 3-2-24
Good Evening Dinar Recaps,
"Hong Kong is currently pursuing an expansion of the digital yuan’s application. It is also approaching the second phase of its own CBDC pilot program and completing consultations for stablecoin issuance."
Do you remember a couple of months ago when we spoke of several global stablecoins that were being tested inside a sandbox with Hong Kong?
They are telling us that Hong Kong is in process of moving past the consultation process and ready to move into the implementation phase. This is the phase of regulatory development inside Global use case scenarios.
The e-HKD digital version of the Hong Kong dollar completed its first pilot testing phase in October 2023. Now, Hong Kong is telling us that they are moving into the retail sector. This will include programmable payments, offline payments, and tokenized deposits. Coin Speaker
© Goldilocks
~~~~~~~~~~
Goldilocks' Comments and Global Economic News Saturday Evening 3-2-24
Good Evening Dinar Recaps,
"Hong Kong is currently pursuing an expansion of the digital yuan’s application. It is also approaching the second phase of its own CBDC pilot program and completing consultations for stablecoin issuance."
Do you remember a couple of months ago when we spoke of several global stablecoins that were being tested inside a sandbox with Hong Kong?
They are telling us that Hong Kong is in process of moving past the consultation process and ready to move into the implementation phase. This is the phase of regulatory development inside Global use case scenarios.
The e-HKD digital version of the Hong Kong dollar completed its first pilot testing phase in October 2023. Now, Hong Kong is telling us that they are moving into the retail sector. This will include programmable payments, offline payments, and tokenized deposits. Coin Speaker
© Goldilocks
~~~~~~~~~~
CBI Announcement:
Shafaq News / The Iraqi Central Bank (CBI) affirmed on Saturday that it has provided five alternative currencies to the dollar for traders to use in purchasing goods from abroad, using each country's currency through the bank.
CBI’s Deputy Governor Ammar Hamad told Shafaq News Agency that "CBI has made other foreign currencies available for Iraqi traders, including the euro, the Chinese yuan, the Turkish lira, the Emirati dirham, and the Indian rupee."
He added that "these currencies are now available to traders, aiming to facilitate foreign trade. When a trader imports goods from China, for instance, they can pay in Iraqi dinars to the Iraqi bank, which will then settle the amount with the Chinese company or factory in Chinese currency." Shafaq
👆 Goldilocks pointed to this article
~~~~~~~~~~
The Bank for International Settlements has set forth recommendations for Central Banks on supervision and legislative practices of Global Stablecoins.
Below is a link to a chart that you can read about these regulation recommendations. These recommendations will flow into the Central Bank's guidance for banks.
Here, we have the beginning stages of a top-to-bottom mandate of guidelines that will formulate new rules, regulations, and laws to govern Stablecoins. BIS
© Goldilocks
~~~~~~~~~~
Federal Register Announcement:
There is a proposed rule by the CFTC to extend a period of comments before execution of a new rule on April 22nd, 2024.
Proposed Rule: "The Commodity Futures Trading Commission (CFTC or Commission) is proposing to amend its regulations to permit a foreign board of trade (FBOT) registered with the Commission to provide direct access to its electronic trading and order matching system to an identified member or other participant located in the United States and registered with the Commission as an introducing broker (IB) for submission of customer orders to the FBOT's trading system for execution."
Foreign Board of Trade means any board of trade. This includes any exchanges or markets outside the United States. Federal Register
© Goldilocks
~~~~~~~~~~
“Most countries have said that settlement in national currencies is what the BRICS countries need. We are already a big BRICS family of 10 countries. Most countries supported the fact that it is necessary to build new mechanisms of settlements and shared the experience of developing digital currencies by central banks, the experience of building platforms, and participation in trials of various platforms,” Chebeskov said. Modern Diplomacy
~~~~~~~~~~
Moscow: The Russian Finance Ministry together with the Bank of Russia and BRICS partners will prepare a number of initiatives to improve the international monetary and financial system, which will focus in particular on the issue of creating the BRICS Bridge multisided payment platform, according to files published following the first meeting of BRICS finance ministers and central banks governors in Sao Paulo, Brazil. Times of Oman
~~~~~~~~~~
USDV - A Revolutionary Stablecoin Transparently Pegged To Tokenized T- Bills | Coin Telegraph
~~~~~~~~~~
As the name suggests, a reverse ATM, or a cash-to-card kiosk, is the opposite of a conventional cash machine. A reverse ATM is a machine into which customers deposit cash and are given a debit card with the amount they have deposited credited onto the card. The customer can then use this card to complete a transaction through the merchant’s payment gateway—either in-store or online.
Currently, consumers will most commonly see cash-to-card kiosks in venues or establishments that want to encourage their customers to use cards instead of cash for transactions in their establishments. In return for cash, kiosks dispense stored-value cards that can be used to purchase goods or services in that establishment. Unicorn Group
~~~~~~~~~~
Fed Chair mum on foreign nations’ evacuation of Gold from US | FX Street
~~~~~~~~~~
Bretton Woods 3:
Join LIDS and the Harvard International Law Journal for our Spring 2024 conference entitled “Bretton Woods 3.0? The Future of International Economic Law.”
The event will occur throughout the day of March 2, 2024 at Austin Hall on the Harvard Law School Campus.
This year’s conference features four panels and one keynote speech focusing on the changing nature of multilateral cooperation in international economic law.
Each discussion will cover key topics related to this theme, drawing on experts from the legal industry, academia, and intergovernmental organizations. Harvard Edu
~~~~~~~~~~
Inflation Saga Far from Over: Services Inflation in Euro Area Just as Stubborn as in the US, Makes Very Disconcerting Moves | Wolf Street
~~~~~~~~~~
US states are using gold & silver as money - are YOU? | YouTube
~~~~~~~~~~
RIPPLE XRP🚨IMF SHOCKING NEW ESDR RULES⚠️🚨XRP IS WAKING UP | YouTube
~~~~~~~~~~
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Thank you Dinar Recaps
Iraqi Dinar Video Updates Saturday Afternoon 3-2-24
Iraqi Dinar Video Updates Saturday Afternoon 3-2-24
Wells Fargo Give Green Light For IQD Exchange – 3:42
Breaking News Finally Iraq Revaluation Date Fixed 2024 – 3:17
Breaking News Iraq Bank Announced New Rate Of IQD Today – 2:49
Finally Iraqi Dinar is Equal 1-to-1 Today 2024 – 4:55
Iraqi Dinar Video Updates Saturday Afternoon 3-2-24
Wells Fargo Give Green Light For IQD Exchange – 3:42
Breaking News Finally Iraq Revaluation Date Fixed 2024 – 3:17
Breaking News Iraq Bank Announced New Rate Of IQD Today – 2:49
Finally Iraqi Dinar is Equal 1-to-1 Today 2024 – 4:55
Breaking News Finally Iraq Revaluation Date Fixed 2024 – 3:17
Breaking News Iraq Bank Announced New Rate Of IQD Today – 2:49
Finally Iraqi Dinar is Equal 1-to-1 Today 2024 – 4:55
Iraqi News Highlights and Points to Ponder Saturday Afternoon 3-2-24
Iraqi News Highlights and Points to Ponder Saturday Afternoon 3-2-24
Masrour Barzani Discusses With A US Treasury Official Reforming The Financial And Banking System In Kurdistan
SATURDAY, 02-03-2024, PM 12:46 KARAR AL-ASSADI The Prime Minister of the Kurdistan Regional Government, Masrour Barzani, discussed with the US Treasury Undersecretary for Terrorism and Financial Intelligence, Brian Nelson, reform of the financial system and the banking sector.
The regional presidency said in a statement received by Noon News Agency, “Barzani met with the US Treasury Undersecretary for Terrorism and Financial Intelligence, Brian Nelson, and the two sides exchanged views on strengthening bilateral relations and ways to support the reforms implemented by the Kurdistan Regional Government within the framework of the ninth ministerial formation.”
The statement added, "The two sides discussed reforming the financial system and the banking sector, in addition to discussing the (My Account) project and the digital transformation of public services."
Iraqi News Highlights and Points to Ponder Saturday Afternoon 3-2-24
Masrour Barzani Discusses With A US Treasury Official Reforming The Financial And Banking System In Kurdistan
SATURDAY, 02-03-2024, PM 12:46 KARAR AL-ASSADI The Prime Minister of the Kurdistan Regional Government, Masrour Barzani, discussed with the US Treasury Undersecretary for Terrorism and Financial Intelligence, Brian Nelson, reform of the financial system and the banking sector.
The regional presidency said in a statement received by Noon News Agency, “Barzani met with the US Treasury Undersecretary for Terrorism and Financial Intelligence, Brian Nelson, and the two sides exchanged views on strengthening bilateral relations and ways to support the reforms implemented by the Kurdistan Regional Government within the framework of the ninth ministerial formation.”
The statement added, "The two sides discussed reforming the financial system and the banking sector, in addition to discussing the (My Account) project and the digital transformation of public services."
Masrour Barzani Discusses With A US Treasury Official Reforming The Financial And Banking System In Kurdistan
2024-03-01 Shafaq News/ The Prime Minister of the Kurdistan Regional Government, Masrour Barzani, discussed on Friday, with the US Treasury Undersecretary for Terrorism and Financial Intelligence, Brian Nelson, reform of the financial system and the banking sector.
A presidential statement received by Shafaq News Agency stated, “Barzani met with the Undersecretary of the US Treasury for Terrorism and Financial Intelligence, Brian Nelson, and the two sides exchanged views on strengthening bilateral relations and ways to support the reforms implemented by the Kurdistan Regional Government within the framework of the ninth ministerial formation.”
The statement added, "The two sides discussed reforming the financial system and the banking sector, in addition to discussing the (My Account) project and the digital transformation of public services." LINK
Foreign Minister: Iraq Will Expand Its Production Of Natural Gas
2024-03-02 Shafaq News/ Iraqi Foreign Minister Fuad Hussein confirmed on Saturday that his country’s government intends to expand its production of natural gas, and not rely on oil as the sole source of income.
Hussein said in his speech during the Antalya Diplomatic Forum held in Turkey, "We have a government that is working to revive and strengthen the agricultural sector, as well as expand natural gas production."
He added, "Iraq should not rely solely on oil in the coming years," adding, "We have very good trade relations with Turkey and Iran." LINK
Iranian Technical And Engineering Services Companies Account For Two Billion Dollars In Iraq
2024-03-02 Shafaq News/ Secretary of the Iranian Construction Companies Syndicate, Erj Claptonji, announced on Saturday that Iranian companies exporting technical and engineering services captured about two billion dollars from the Iraqi market from 2009 to 2015.
According to Iranian media, Erj Claptonji urged private sector companies to follow solid and solid plans to reach $20 billion in Iraq, especially since Turkish companies are on the cusp of investing $27 billion.
According to reports reported by ISNA News Agency, 56,500 engineering companies accredited by the Iranian Planning and Budget Organization are active in the field of the construction industry in Iran, 53,000 of which are contracting companies, and 3,500 of which are consulting engineering companies. About two million and 600 thousand people work in these companies.
According to statistics on the export performance of technical and engineering services from 1994 to 2021 provided by the Article 19 Committee of the Iranian Trade Development Organization, the approximate index of technical and engineering services exports in Iran reached about $34 billion in the form of 911 projects.
The Secretary of the Iranian Construction Companies Syndicate explained that Iraq opened its doors in 2015 to Iranian contractors, as private sector contractors won projects worth two billion dollars by entering tenders.
This indicates that if there is an active market next to Iran, Iranian companies can capture it from regional competitors through the necessary coordination. Iranian technical and engineering services export companies operate in Uzbekistan, Tajikistan, Bangladesh, Afghanistan, Pakistan, Sri Lanka, Kazakhstan, Turkmenistan, Azerbaijan, Armenia, Iraq, UAE, Oman, Yemen, Belarus, Djibouti, Kenya, Algeria, Sudan and Venezuela, but the largest volume of The activity of these companies between 2012 and 2016 was in Iraq.
Iranian companies in Iraq recorded contracts worth about four billion dollars, of which two billion dollars related to the “MBNA” company and the rest related to private sector contractors. But since 2016, when ISIS entered Iraq, the activity of Iranian companies in this country has decreased.
According to Claptonji, 38 private sector companies obtained 57 projects in Iraq during that period, including $3.1 billion in southern Iraq, $235 million in Sulaymaniyah, and about $400 million in Erbil.
This official stated that the largest activities in this sector target the Ministry of Construction, Housing and the Municipality in Iraq, with approximately $452 million. In the ranking of the best 250 contractors in the world during the year 2020, China came with 74 companies, Turkey with 44 companies, and Iran with two companies.
Referring to developments in exports of technical and engineering services to countries in the region, Claptonji said, “Iran’s most important competitor in the region is Turkey, which exported about $425 billion in technical and engineering services in the same period in which Iran exported $34 billion.”
The share of exports of technical and engineering services in Turkey's economy is about 30%, which means that Turkey has relied a large part of its economy on these exports. LINK
The Minister Of Oil Discusses With His Iranian Counterpart Joint Investment In Oil Fields
Information/Baghdad.. Today, Saturday, Deputy Prime Minister for Energy Affairs and Oil Minister Hayyan Abdul-Ghani discussed with his Iranian counterpart joint investment in oil fields.
A statement from the ministry received by Al-Maalouma stated that "the Minister of Oil met with Iranian Oil Minister Jawad Oji and discussed with him the prospects for joint cooperation between the two countries in the fields of oil and gas, infrastructure projects, and joint investment in the oil fields shared between the two countries."
The statement added that "the meeting came on the sidelines of the attendance of the Deputy Prime Minister for Energy Affairs and Minister of Oil at the seventh summit of the Gas Exporting Countries Forum in Algeria." End 25 LINK
Provoking Points to Ponder on Decisions
One must either accept some theory or else believe one's own instinct or follow the world's opinion. - Gertrude Stein
Decide which is the line of conduct that presents the fewest drawbacks and then follow it out as being the best one, because one never finds anything perfectly pure and unmixed, or exempt from danger. - Niccolo Machiavelli
A problem clearly stated is a problem half solved. - Dorothea Brande
We must make the choices that enable us to fulfill the deepest capacities of our real selves. - Thomas Merton
Choose always the way that seems the best, however rough it may be; custom will soon render it easy and agreeable. - Pythagoras
Where an opinion is general, it is usually correct. - Jane Austen
In forty hours I shall be in battle, with little information, and on the spur of the moment will have to make the most momentous decisions. But I believe that one's spirit enlarges with responsibility and that, with God's help, I shall make them, and make them right. - General George S. Patton
http://famousquotesandauthors.com/quotes_by_topic.html
http://famousquotesandauthors.com/topics/decisions_quotes.html
Iraqi Dinar Today Video Updates Saturday Afternoon 3-2-24
Iraqi Dinar Today Video Updates Saturday Afternoon 3-2-24
World Bank Allow to Iraqi Dinar Revaluation – 3:31
US Treasury Confirm IQD Revaluation Massive Exchange Rate – 3:31
Iraqi Dinar Today Video Updates Saturday Afternoon 3-2-24
World Bank Allow to Iraqi Dinar Revaluation – 3:31
US Treasury Confirm IQD Revaluation Massive Exchange Rate – 3:31
World Bank Allow to Iraqi Dinar Revaluation – 3:31
US Treasury Confirm IQD Revaluation Massive Exchange Rate – 3:31
More News, Rumors and Opinions Saturday Afternoon 3-2-2024
TNT:
Tishwash: The Iraqi Central Bank confirms to Shafaq News the provision of five foreign currencies as an alternative to the dollar for merchants
The Central Bank of Iraq confirmed, on Saturday, that it has provided five alternative currencies to the dollar, for merchants to use in purchasing their goods from other countries using each country’s currency through the bank.
Deputy Governor of the Central Bank, Ammar Hamad, told Shafaq News Agency, “The Central Bank provided other foreign currencies to Iraqi merchants, which are (the euro, the Chinese yuan, the Turkish lira, the Emirati dirham, and the Indian rupee).
He added, "These currencies have become available to merchants for the purpose of financing foreign trade. When a merchant imports goods from China, he can now pay the Iraqi dinar to the Iraqi bank, and through the bank, the amount will be paid to the Chinese company and factory in the Chinese currency."
TNT:
Tishwash: The Iraqi Central Bank confirms to Shafaq News the provision of five foreign currencies as an alternative to the dollar for merchants
The Central Bank of Iraq confirmed, on Saturday, that it has provided five alternative currencies to the dollar, for merchants to use in purchasing their goods from other countries using each country’s currency through the bank.
Deputy Governor of the Central Bank, Ammar Hamad, told Shafaq News Agency, “The Central Bank provided other foreign currencies to Iraqi merchants, which are (the euro, the Chinese yuan, the Turkish lira, the Emirati dirham, and the Indian rupee).
He added, "These currencies have become available to merchants for the purpose of financing foreign trade. When a merchant imports goods from China, he can now pay the Iraqi dinar to the Iraqi bank, and through the bank, the amount will be paid to the Chinese company and factory in the Chinese currency."
Last week, the Central Bank of Iraq's total sales of hard currency in US dollars amounted to more than one billion dollars.
Shafaq News Agency correspondent stated that the Central Bank sold during the past week, and for a period of five days during which the auction was opened, one billion and 52 million and 796 thousand and 86 dollars, at a daily rate of 210 million and 559 million and 217 dollars, lower than what it recorded the previous week, when it amounted to one billion and 62. One million 587 thousand and 198 dollars. link
****************
Courtesy of Dinar Guru: https://www.dinarguru.com/
Frank26 [Iraq boots-on-the-ground report] FIREFLY: The television is saying the government is putting mobile teams together to monitor - No prices gouging during Ramadan. That tells us plainly there will be no rate change during Ramadan IMO. FRANK: It can happen at any time...But... I don't see the reason for this to happen during Ramadan. It is a holy period. I see it happening before Ramadan.
Pimpy Here's the biggie everybody is celebrating. We're not there yet but very close. Article: "Iraq has completed requirements to join WTO: Minister" We have to wait till they get voted in. Yes they completed all the steps. Let's hope they keep their nose out of trouble and finally get accepted...Iraq is right there at the cusp, man, it really is. This is big news.
************
KTFA:
Clare: The Central Bank announces an increase in the size of its reserves to more than 100 billion dollars.. What is the relationship with oil?
3/2/2024 Baghdad
The Central Bank attributed the increase in the Iraqi dollar reserve to the stability of oil export imports, which it said was reflected in financing foreign commercial activity and supporting the dinar.
Deputy Governor of the Bank, Imad Hamad Khalaf, said in press statements followed by Al-Iqtisad News that the Central Bank of Iraq has recorded an increase in its reserves, currently exceeding 100 billion dollars.
Khalaf added, "The stability of Iraqi oil export imports contributed to an increase in cash reserves and was also reflected in financing foreign commercial activity and supporting the dinar." LINK
Office Tower SOLD FOR $1 - US Commercial Property Collapses As Pension Fund Panic Sells
Sean Foo: 3-2-2024:
The US commercial real estate crisis just got worse with a pension fund selling its Manhattan building for one dollar! As interest rates continue to hammer on commercial property, more banks and funds are at huge financial risk. Here's why the CRE collapse isn't over and why banks might be taking a brutal hit soon.
Timestamps & Chapters:
0:00 Commercial Property FIRESALE
3:12 Pension Funds In Trouble
6:06 Collapse Not Over Yet
8:30 US Banks Big Risk
10:52 Big Banks Not Spared
"Dollar gains 1.76% since Tet in unusual early year movement:" Vietnam News
Dollar gains 1.76% since Tet in unusual early year movement
By Minh Son February 29, 2024 | 08:51 pm PT
The dollar has appreciated by 1.76% against the dong since after the Tet (Lunar New Year) holiday, an unusual occurrence since exchange rates are usually steady in the first quarter.
There is little exchange rate volatility at this time of the year thanks to ample supply of foreign exchange, according to SSI Securities’ SSI Research.
It is not as if this year FDI or remittances have declined, it added.
Dollar gains 1.76% since Tet in unusual early year movement
By Minh Son February 29, 2024 | 08:51 pm PT
The dollar has appreciated by 1.76% against the dong since after the Tet (Lunar New Year) holiday, an unusual occurrence since exchange rates are usually steady in the first quarter.
There is little exchange rate volatility at this time of the year thanks to ample supply of foreign exchange, according to SSI Securities’ SSI Research.
It is not as if this year FDI or remittances have declined, it added.
An employee counts U.S. banknotes at a bank in Ho Chi Minh City. Photo by VnExpress/Thanh Tung
The difference in interest rates between the U.S. and Vietnam and the monetary policy trends of the former have kept demand for the dollar high.
The greenback has surged especially since the Lunar New Year ended on Feb.15. In less than a week after the holidays it gained VND200 against the Vietnamese currency to trade at VND24,600.
A few days after that it is sold at banks for VND24,800 – 24,850. It has gained VND430, or 1.76%, for the year. On black market, the dollar has risen to above VND25,000.
Phu Hung Securities listed four reasons for the sharp appreciation.
Firstly, the market no longer expects the U.S. to lower interest rates in the first half, they could remain high until mid-year, and any subsequent reduction may not be too significant.
This will widen the interest rate gap between Vietnam and the U.S.
Secondly, imports have been steadily rising in recent months as businesses buy more raw materials.
In January imports rose to $31 billion, the highest since July 2022.
Thirdly, the demand for foreign exchange has increased as businesses repay foreign currency loans and repatriate profits.
Lastly, the hoarding of foreign currencies globally as the dollar strengthens relentlessly is also a factor.
Ngo Dang Khoa, head of markets and securities services at lender HSBC Vietnam, expected the dollar to weaken against the dong in the second half of this year, especially once Vietnam’s economy improves.
“The dollar-dong exchange rate will close the year at around VND24,400.”
Phu Hung Securities said the State Bank of Vietnam would keep the exchange rate in check and not let it spiral out of control.
The dong is more resilient than other currencies in the region, it added.
It has only declined by 1.5% against the dollar, while the Thai baht has lost 5%, the Malaysian ringgit, 3.8% and the South Korean won, 3.1%.
Source: VNExpress
Weekend News With MarkZ 3-2-2024
Weekend News with MarkZ
Some highlights by PDK-Not verbatim
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
MZ: The first 45 minutes will be spent with the CBD gurus, news will start at 10:30 Eastern/the 45-minute mark.
Member: Welcome to the weekend!!!!!
Member: Hearing anything juicy this weekend Mark?
MZ: Let’s dive in with a couple rumors…..there is a tremendous amount of group chatter with great expectations of funds moving. Many rumors have started over the last 24 hours…..We don’t know how factual it is until we get there…and we have heard things like this before.
Weekend News with MarkZ
Some highlights by PDK-Not verbatim
MarkZ Disclaimer: Please consider everything on this call as my opinion. People who take notes do not catch everything and its best to watch the video so that you get everything in context. Be sure to consult a professional for any financial decisions
MZ: The first 45 minutes will be spent with the CBD gurus, news will start at 10:30 Eastern/the 45-minute mark.
Member: Welcome to the weekend!!!!!
Member: Hearing anything juicy this weekend Mark?
MZ: Let’s dive in with a couple rumors…..there is a tremendous amount of group chatter with great expectations of funds moving. Many rumors have started over the last 24 hours…..We don’t know how factual it is until we get there…and we have heard things like this before.
MZ: But a number of group contacts are expecting liquidity the first of the week….Monday or Tuesday. The chatter is strong amidst a number of group contacts. We all hope this is actually it this time. It may be due to the overwhelming amount of group responses I have been getting.
Member: What tier are "groups?
Member: I believe they are tier 3
MZ: Let’s just call them tier 4- probably the most accurate. Tier 4 is where individuals start getting money for their currency. Tiers are terms we came up with to know who goes and when.
Member: and we currency holders are tier 4B…….we must be close.
Member: This was the tiers Chart I had saved: There are 5 Tiers of folks Exchanging. Tier 1-governments and royalty Tier 2-whales-elite with platforms of currency, corporations, etc. Tier 3-Admirals Group, American Indians, CMKX, large church groups (like the Mormons), etc. Tier 4-all the hundreds of thousands paying attention to intel - internet groups(all of us). Tier 5- those who never paid attn - the general public.
MZ: I was hoping to have heard more from the bond side today……If I hear anything on this I will let you all know. .
Member: Rod Steele's latest report is as follows. The rest of the world wants to move forward with the RV and the gold backed currency. If the U.S. does not give the green light we will go without you.
Member: I heard him say that. I’m amazed that if the White Hats are in control or even the Military, what are they waiting for?
MZ: “Miss inflation moves in mysterious ways” Inflation moves in waves…..If they try to pivot because it’s an election year…I know what that means for the economy…….well we need a reset…and need it ASAP.
Member: Have a great Weekend Everyone!
Mod: BREAKING NEWS: MarkZ's WEEKEND email address: Don't Write Me@NeverOnWEEKENDS.Com
“THE CONTENT IN THIS PODCAST IS FOR GENERAL& EDUCATIONAL PURPOSES & NOT INTENDED TO PROVIDE ANY PROFESSIONAL, FINANCIAL OR LEGAL ADVICE. PLEASE CONSIDER EVERYTHING DISCUSSED IN MARK’S OPINION ONLY”
Odysee at: https://odysee.com/@theoriginalmarkz:e OR THE RUMBLE CHANNEL: https://rumble.com/user/theoriginalmarkz
Note from PDK: Please listen to the replay for all the details and entire stream….I do not transcribe political opinions, divisive social commentary,medical opinions or many guests on this stream……just RV/currency related topics.
TO GET THE “REAL MARKZ ACCOUNTS”, TWITTER, YT, RUMBLE, TELEGRAM ROOMS, AND FOR MARK’S DAILY LINKS TO HIS WEBSITE: https://theoriginalmarkz.com
STAY IN THE KNOW: FOR UPDATES ON PODCASTS (CHANGES & GUESTS). YOU WILL FIND PLENTY OF USEFUL INFO THAT KOUKLA UPDATES OFTEN FOR MARK AT THE TELEGRAM INTEL CHANNEL: https://t.me/+K_GNVfTI0gFkZWYx
GUYS YOU CAN FIND ALOT OF INFO AT MARK'S WEBSITE: GO TO: https://theoriginalmarkz.com/home
MARKZ DAILY LINKS: https://theoriginalmarkz.com/home/
Mod: MarkZ "Back To Basics" Pre-Recorded Call" for Newbies 10-19-2022 ) https://www.youtube.com/watch?v=37oILmAlptM
ZESTER'S LINK TREE: https://linktr.ee/CrazyCryptonaut
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Currency Insider Iraqi Dinar - Dong Updates Saturday AM 3-2-24
Currency Insider Iraqi Dinar - Dong Updates Saturday AM 3-2-24
Iraqi dinar RV Almost Done – 2:43
Iraqi dinar RV date Final – 2:38
Currency Insider Iraqi Dinar - Dong Updates Saturday AM 3-2-24
Iraqi dinar RV Almost Done – 2:43
Iraqi dinar RV date Final – 2:38
Iraqi dinar RV Almost Done – 2:43
Iraqi dinar RV date Final – 2:38
Iraqi Dinar Today Video Updates Saturday AM 3-2-24
Iraqi Dinar Today Video Updates Saturday AM 3-2-24
US Banks Show The New IQD Rate Like $4.66 – 3:25
Big News Finally IRAQ Did It – 3:15
Iraqi Dinar Today Video Updates Saturday AM 3-2-24
US Banks Show The New IQD Rate Like $4.66 – 3:25
Big News Finally IRAQ Did It – 3:15
Big News Finally IRAQ Did It – 3:15