Frank26: “THE DOLLAR IS NO MORE FOR IRAQI CITIZENS… EXCEPT FOR TRAVEL & MEDICINE”…………F26
Al-Rasheed Bank: Opening the platform for travelers wishing to buy dollars at eight o’clock in the evening
1/2/2024
Al-Rasheed Bank announced the opening of the platform for travelers wishing to buy the dollar at exactly eight o’clock this evening, Tuesday.
A statement from the bank, a copy of which {Al-Furat News} received, stated: “The new mechanism requires advance reservation for the traveler by entering the link on the bank’s official page to obtain the reservation that enables him to visit the branch to deliver Iraqi cash and receive the dollar from the bank branch inside Baghdad International Airport.” .
He added, “This procedure will make it easier for the citizen to buy the dollar smoothly,” stressing that “the data must be entered in the fields correctly so that the reservation process can be completed successfully.”
For the purpose of reservation, click here LINK
Frank26: “MONETARY REFORM GIVES 7 FEATURES OF SECURITY & STABILITY FOR THE FINANCIAL STRUCTURE.”………….F26
The most important of which is security… Al-Rafidain lists seven advantages of electronic payment
1/1/2024
Today, Monday, Rafidain Bank indicated 7 features of the electronic payment system in Iraq.
The bank stated, in a statement received by Al-Mutala’, that: “Electronic payment consists of
1- Switching from dealing in manual cash to electronic cash.
2- Moving from a cash society to a cashless society and leaving cash payment to electronic card payment.
3- Collecting and collecting funds electronically.
4- Using POS devices in financial and commercial transactions.
5- Proceeding with plans for financial inclusion and digitization in banking transactions.
6- Establishing a culture of bank financial accounts instead of using direct cash.
7- Adopting an electronic card is safer than carrying cash and moving around in markets and other places. LINK
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Frank26: “THE CBI HIRING A LOT OF NEW PEOPLE BECAUSE THEY’RE GOING TO NEED A LOT OF HELP”…………F26
Announcement of the tender for the transfer of Central Bank of Iraq employees
January 04, 2024
Announcement of the private public tender numbered (2024/1).
B (Transfer of Central Bank of Iraq employees)
The Central Bank of Iraq announces the holding of a public tender to transfer the employees of the Central Bank of Iraq, and according to the requirements stated in the table of quantities and the legal conditions contained in the standard document for non-consulting services, those wishing to participate from licensed and specialized companies who are qualified and experienced must send their official representatives, according to an authorization letter, to the headquarters.
The Central Bank of Iraq / located in Baghdad – Al-Rashid Street – Building No. (2), floor (3), Legal Department / Contracts Department for the purpose of obtaining tender documents for an amount of (250,000) dinars (two hundred and fifty thousand dinars) is non-refundable, and will be the last date. To submit bids and close the tender is before the end of the official working day on Monday, February 12, 2024.
In the event that the date of closing the tender coincides with an official holiday, the first day following that is considered the last date. The person who wins the tender will bear the fees for publishing the advertisement, and this bank is not obligated to accept the lowest
bids.
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Frank26 The electronic platforms are being established through Visa and MasterCard for the citizens of Iraq in order to be able to transfer money in and out of their country because the float is about to start. The dollar is going down and the dinar is going up. Today you saw a third change 135,000 to 100 USD. It’s going in the right direction and it’s moving fast...
Militia Man Developing the market for the banking sector is huge because look, the ISX shows that their index has been up about 52% in 2023…Why is that if Iraq is just status quo and it’s just blah…? It’s not.
LIVE! World Bank: “Worst Global Economy In 30 Years.” (And Its About To Get MUCH WORSE).
Greg Mannarino: 1-9-2024
https://www.youtube.com/watch?v=56sgSQjrVMs
Andy Schectman: Who Is US Treasury Going To Borrow The Money From
Arcadia Economics: 1-9-2024
On one hand, it seems to be a good sign that over the past year, there’s been more conversation about the risks posed by the US debt, and concern about how the increasing debtloads will be funded.
However, less ideal is the fact that no one seems to have an answer to this question. Which Andy Schectman talks about in his weekly #silver report.
Where he looks at some of the issues that the Treasury and the Fed are going to have to navigate this year, and why there might not be any easy answer.
https://www.youtube.com/watch?v=yR8VZVutLhI