Friday, July 31, 2020

WOTS THUR JUL 29 2020

WOTS THUR JUL 29 2020


Foreign currency markets in Iraq recorded a slight rise today in the exchange rate of the US dollar against the Iraqi dinar.
The selling and buying prices of the dollar in banking companies and offices are as follows:
The selling price of one dollar is 1242.5 dinars, or 124 thousand and 250 dinars per hundred dollars.
The purchase price of the dollar is 1232.5 dinars, or 123 thousand and 250 dinars per hundred dollars.



The Markets:
The Asian markets closed down  NIK by .26%  HSI by .69%  SHANG by .23%
The UK markets are currently trading  in the red  from 1.02% to 2.48%
Our futures are currently trading  in the red DOW at 26208 down by .88%  SNP at 3222.5 down by .92% NDX at 10567 down by 1%


Precious Metals:
Gold is red at 1952   Silver is red at 23.46   Copper is red at 289  Platinum is red at 903 
Brent  43.1 WTi

Favorite Currencies Forex Quotes

SymbolBidAskHighLowOpenChangeTime
 USD/IQD  1187.0000  1193.0000 1191.3000 1191.3000 1191.3000  -0.4000 05:14
 USD/VND  23175.0000  23180.0000 23178.7500 23176.7100 23178.7500  -2.3400 05:15
 USD/CNY  7.0021  7.0041 7.0060 6.9925 7.0001  0.0017 05:18
 USD/KWD  0.3053  0.3063 0.3056 0.3054 0.3056  -0.0002 04:47
 GBP/USD  1.2999  1.3001 1.3011 1.2944 1.2996  0.0004 05:21
 USD/IRR  0.0000  0.0000 43011.9000 43011.9000 43011.9000  -43.1000 00:00
 USD/IDR  14682.0000  14696.0000 14700.0000 14451.0000 14601.0000  82.0000 05:21
Things in the News:


Iraq new sig/date (2018) 10,000-dinar note (B355c) confirmed

it appears to have  a new security feature  that star looking thing in the lower corner 
2020-07-29 
IRAQ 
 
 
Iraq_CBI_10000_dinars_2018.00.00_B355c_P
 

Iraq_CBI_10000_dinars_2018.00.00_B355c_P

Like B355b, but new signature (printed Alaq) and new date (٢٠١٨ – ١٤٤٠).  1440 - 2018  1440 is the Arabic year for our year 2018
   
 Deputy: The exit of the country from the bottleneck is in this case
Member of the Parliamentary Finance Committee Jamal Koujir affirmed on Thursday that attracting investments and building a real investment budget is the best and most important solution to get out of the bottleneck.
And he said Cougars In an interview with Alsumaria News, "Attracting foreign investment is one of the important factors for the country if it wants to revive its economy and get out of the bottleneck in which it entered, given that no country in the world depends only on its resources," noting that "China, which is one of the strongest economies In the world, half of the money invested in it is foreign investment and it is not Chinese money. "
He added Cougars "Providing an attractive environment for investment, whether by eliminating red tape or providing the security environment for the foreign investor, is necessary to fortify the Iraqi economy, but without that and remaining dependent on local resources and the flabby structure internally, then the country will not advance economically no matter how long."
He continued, "The presence of huge numbers of employees and consumer spending, which amounts to almost 70% of the total budget, there will not be any investment budget that creates jobs and supports the private sector and opens up business prospects."

Deputy: America is the only party obstructing the Iraq-China agreement

The deputy of the Alliance of Fath, Fadel Jaber, Thursday, accused the United States of America of obstructing the implementation of the Iraqi-Chinese, as part of its cold war with China, stressing that the Americans are the only party that stands in front of obstructing the implementation of the agreement through its political arms in Iraq .
Jaber said in a statement to "Information", that "the Americans, from the first moment of the Abdul Mahdi government signing the agreement with China, raised their anger and considered it an advanced step to expel it from the region, and by doing this they carried out a major media campaign through its political tools and tempted to abort that agreement."
He added that "the United States of America is the only party that is still working to abort the agreement because it is part of its cold war with China."
Jaber pointed out that "Al-Kazemi’s government, if it wants to prove the validity of what it claims to work with various international axes for the sake of interest Iraq must comply with the American will and immediately proceed to work with the justified agreement with China, as it is an important part of developing the Iraqi economy in all fields.

Head of a parliamentary bloc: Al-Kazemi will fall soon

The head of the Bayraq al-Khair Parliamentary Bloc, Muhammad al-Khalidi, on Wednesday suggested that Mustafa al-Kazimi's government would fall as a result of its silence over the killing of protesters in the protest squares.
Al-Khalidi told Al-Maalouma that the current Prime Minister, as the commander-in-chief of the armed forces, bears direct responsibility for killing protesters in the demonstration arenas, considering that "the situation remains unchanged and the government continues to remain silent about the blood that I asked will be complicated by the government's mission."
He added, "Al-Kazemi will fall soon because of his silence on the blood of the protesters."
The MP, on behalf of the Alliance of Others, Abbas Aliwi, revealed earlier Wednesday, political moves and the collection of parliamentary signatures to interrogate the government of Prime Minister Mustafa Al-Kazemi.
CBI, ISX,Dinar Guru:

CBI Update:  Just  a note:
They have been having auctions and the ISX has been trading regularly the sites just don't update in time to put the information in this report, unless it is
here.   
 
Click on the link above for the latest update.

The CBI for rate is 1190.

The currency auction total sales amount $ .   no update yet

  including   $  in cash today no update yet

ISX Update:   

Iraq Stock Exchange suspends operations for 12 days  
Iraq Stock Exchange suspends operations for 12 days
The Iraqi Stock Exchange announced on Monday that it was suspending its activities for 12 days on the occasion of eid al-Adha and a curfew.
"In compliance with the announced official holiday timings in Iraq, the market administration has decided not to hold trading sessions for the days of July 29 and for 12 days to coincide with the Eid al-Adha holiday," the market said in a statement to The Twilight News. 
Shares Traded: not updated for today
Value Traded: not updated for today 

7-30-2020   Intel Guru Bruce   [via WiserNow]   We are on – I would say – a day by day account right now – the information that I’ve received from one of our Forex people is pointing towards today/tomorrow [Tuesday/Wednesday] or next week – Tuesday/Wednesday of next week... I don’t think we can write off any particular day – there seems to be a push to get this done by the end of the month - which is Friday...I don’t know if that is going to be the case - it could be – there are things point to it happening kinda – like right away...I really believe we are that close to where we could go any day now...I believe we are within days...
7-29-2020   Newshound Guru Pimpy   ...there are a lot of rumors swirling around as usual regarding the dinar.  All I want to do is say hey be careful you know better than to get yourself all psyched up and hyped up over these rumors.  Now I heard them myself.  I've heard them from multiple people that something magical should happen this next week.  It's ok to hope that it happens this week but I'm just letting you know to be careful not to act like it's already happened.  Because if you start spending your money before you actually get it well then you're gonna be very disappointed...we've been down this road before.  Let's just cross our fingers and hope something really exciting happens but stay grounded...I hear all the rumors but I can only show you guys or talk about what I can prove...I know what you're talking about but I can't prove that.  It's just hearsay right now.  There's nothing wrong with being optimistic but just be careful...

7-29-2020   Intel Guru RayRen98 
  Citizens were informed that the government is supposedly giving every "poor" person 75k dinar and cancelled some consumer debt for the holiday.  Today they were told the financial management law will be discussed by the CBI and the Financial Minister after the EID holiday. They said that a year ago the financial management law was passed and that it would be a tool to help change the currency rate in Iraq and now it has resurfaced.

7-29-2020   Intel Guru Frank26  ...Iraq is International.  The sharks know it.  They are buying up billions and billions of dinars.  They're buying them up.  Not because they're psychotic or bi-polar, it's because they know...they can see
2 + 2 = 4...


7-29-2020   Intel Guru MarkZ   [via PDK]   Well last night was an exceptionally quiet night for a night that had so much expectation... There are a lot of bankers and people sitting around twiddling their thumbs. I could find zero movement last night in the banking world…I have chased news from Asia, to Europe to out west, Miami and Richmond…and I can find no movement…The banking side and a redemption center contact firmly believes though that we are still looking at this week. They were being prepped for it last weekend.   All my banking contacts say we are at “High Alert” so I will agree with that.

7-29-2020   Newshound/Intel Guru Mnt Goat   Where do we stand today? ...First, I want to re-emphasize that we will NOT see the RV in July. I know they did have plans to try to do it but even way back in early June they decided they could not piece it all together in time. They want a “level playing field” with the currencies in the middle east and so they are attempting to do it. Iran, once again, is the obstacle and causing delays on this process. ...I am possibly seeing a window in August but I do not see the CBI firming this as of yet. They are not taking the action necessary to progress in this direction. They should now be re-educating the public if this was the case. They are not. We might be heading for an early 2021 window again. We just have to wait it out and see. But we do know this nonsense of delay, delay  can not go on much longer.   [post 2 of 2]

7-29-2020   Newshound/Intel Guru Mnt Goat   I know there are lots of rumors floating around about an RV this week... Don’t you think it might be a very good idea to inform the CBI of this impending RV? Don’t they initiate it...?  I have said many times already that the CBI will educate the citizens prior to the “project to delete the zeros” and how it will all work. Even though they have done this before they will do it again and again prior to each scheduled attempt. I have talked to my sources in the CBI and they have told me to watch for this re-education and announcements from the CBI as our cue as we get closer to the RV. What more can they tell us? The only thing more would be a date and they are not going to do that, as least directly. However, the CBI has scheduled the project to delete the zeros already three (3) time that we can confirm and know of as a FACT... So if this project was going to be executed in July then where is (was) the news from the CBI? ...There is no news and thus no RV. But this is not the only reason for no RV now.   [post 1 of 2....stay tuned]

7-29-2020   Intel Guru Frank26    ...what did we say last week?  Iraq is international...the international world knows this don't they...if you're a shark, if you're a whale you can smell blood in the ocean right now.  And that's what these guys do - these shark these whales, these companies, these entities, these treasury departments, in other words those who have powerful super dollars, big dollars, big bucks.  They know when to buy the Iraqi dinar.  NOW!  And they're buying it left and right.  You're seeing the proof of it...What's missing is the announcement... how is it they know?  I call it the "white papers"...what do the white papers contain?  A rate and a date and the HCL stuff...that means banks already know the rate and the date of the Iraqi dinar - when it's going to be announced don't they?  IMO yes.


Catnip's Corner:
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ARTICLE 1-A (from PM Kadhimi's website; posted only on Arabic side, not on English side)

Condolence

 In the name of of Allah the Merciful
"We belong to Allah and to Him we shall return"

With great sadness and sorrow, we received the news of the death of the scholar Mujahid Sheikh Muhammed Baqir Al-Nasiri, who spent his life with knowledge and good deeds and suffered from the oppression of the tyrant, but he remained working for his nation with dedication for the sake of his people, loving to his homeland Iraq, He was calling for openness to everyone in the opposition, to rid Iraq of the nightmare.

After his return to Iraq, he was urging peaceful coexistence, because he lived in concern with the size of Iraq.

We did not need this open spirit and distant horizon
In this circumstance, we face challenges and difficulties in the pursuit of the hopes of our people.

God have mercy on the deceased dear and inspired his family and his lovers patience and solace. Our condolences to his noble family and to the scientific estate
Losing it.

Mustafa Al-Kazemi
Prime Minister
29-Jul-2020
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ARTICLE 2 (from Government of Iraq twitter account)

PM @MAKadhimi's Spokesperson, @AhmadMullaTalal holds his weekly press conference in Baghdad. Watch the highlights here:

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ARTICLE 3

Al-Kazemi and Blashart discussed the early elections and the ongoing preparations for them

 7/29/2020 15:15 •
[Baghdad-Ain]
Prime Minister Mustafa Al-Kazemi received today, Wednesday, the Special Representative of the Secretary-General of the United Nations in Iraq, Jenin Hennes-Blackshart. During the meeting, they discussed cooperation between Iraq and the United Nations, supporting stability in the country, and they also discussed early elections, preparations Ongoing, to be made at a date to be announced later.
Al-Kazimi stressed, according to his media office, the importance and role of the United
 Nations in supporting the Independent Electoral Commission in the technical and training fields, noting the government's keenness that the elections be free and fair, adhere to international standards, and meet the aspirations and aspirations of the Iraqi people, and exceed all the mistakes that accompanied the previous elections. Until his government was determined to ensure logistical support for the early elections, and to provide technical supplies, a safe environment, and special financial allocations for it.
The peaceful demonstrations were also discussed during the meeting, as a right guaranteed by the Iraqi constitution, where Al-Kazemi indicated that the government’s duty is to protect the peaceful demonstrations and respond to the legitimate demands of the demonstrators, and it is serious to end investigations on this file.
The meeting also discussed the security situation in Kirkuk, the Sinjar district in Nineveh Governorate and other areas, and the efforts of the United Nations Mission there.
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ARTICLE 4

Al-Ghanimi: Al-Kazemi is ready to solve all problems with the region. Barzani: We want a radical solution

 7/20/29 18:40 •
Ayna News _ Baghdad

, Kurdistan Regional Government Chairman Masrour Barzani received, on Wednesday, Minister of Interior Othman Al-Ghanmi.

During the meeting, according to the statement of the media office of the regional government, "the relations between the Kurdistan region and the federal government were discussed, and ways to enhance joint security cooperation were discussed, in particular, in the border areas and the Kurdish areas outside the administration of the regional government to deal with terrorism."

Al-Ghanimi pointed out "the difficult conditions that Iraq and the Kurdistan region are going through in light of the Corona virus pandemic in addition to the financial crisis, which requires cooperation and coordination between the two sides to resolve all outstanding differences. He said that Prime Minister Mustafa Al-Kazemi is ready to solve all problems with the Kurdistan region."

The head of the regional government expressed "readiness to solve the outstanding problems with the federal government radically and within the framework of the constitution, in a manner that guarantees the constitutional rights of the Kurdistan region and is in the interest of all Iraqis."

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ARTICLE 5

Al-Kazemi's advisor sets basic conditions for early elections

7/29/2020 14:04 
[Baghdad-Ain]
The prime minister’s advisor for election affairs, Abdul Hussein Al-Hindawi, on Wednesday outlined basic conditions that could provide fertile ground for early elections.
Al-Hindawi said, according to government media, "The holding of early elections must be preceded by several conditions, including the completion of the electoral law, the creation of the Electoral Commission, the seizure of arms and money, as well as the mobilization of the public."
He pointed out that "there are tangible data that could be prepared for early elections."
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