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👆🏻👆🏻👆🏻👇🏻👇🏻👇🏻






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Forward from: Darth Vader Actual


Forward from: Darth Vader Actual
The minister of commerce requested this today:

Directing public administrations to prepare comprehensive reports on the electronic payment plan and the procedures
🔥 implemented🔥 to submit it
🔥within two days🔥, in line with the requirements of the ministry's formations and within the directives of the Council of Ministers

😎🎉😎🎉😎🎉😎🎉😎🎉😎🎉😎🎉😎

https://x.com/majeed66224499/status/1873520437272994252


Forward from: Darth Vader Actual
🚨🚨Hey my Dinar teammates, 🚨🚨

@majeed66224499
+
@ajsallen
can you’ll get along & stop the back & forward shenanigans name calling as you both have a lot of followers (professionals) looking up to us/both y’all great information for guidance & updated news in order to cross this finished line.

You both bring great info in different ways. ALL is needed!!! Let’s focused & get back to business & try to dissect this complicated investment & continue to inform our Dinar investors.

We already have haters, doubters, negative vibes in this realm; therefore no need for this to continue on our side.

I personally don’t give AF who’s 1st, right or wrong. It will always be mis/disinformation on Iraqs part to get us frustrated & give up on this investment {THATS NOT HAPPENING iraq}.

The most important part is working together as a team to get us across the rubicon.

All Positive Vibes going into 2025!! LFG🥂

https://x.com/SmoothRey/status/1873759982753038655


Forward from: A2Z DREAMZ RV & XRP chat
Yes, there were auctions today! Be careful and use discernment in the information you are reading, who you are following, etc.

A few of us noted yesterday! That auctions would not officially stop until we are IN the new year 2025! Meaning auctions would take place today, prob tomorrow too!

We are still close!


Forward from: Darth Vader Actual
Did you see what I posted this morning?
I did three posts you gotta read it

The banks are holding it right now until January 7

The CBI will be back on January 7 after the reevaluation happens …. just to manage liquidity for the currency after being on Forex like India and Egypt.

https://x.com/majeed66224499/status/1873777359448420671


Forward from: Darth Vader Actual


Forward from: Darth Vader Actual
🚨🚨🚨🚨🚨🚨🚨🚨🚨🚨🚨🚨🚨🚨🚨

I’m going to end this bullshit for good

I said today, the correspondent banks did it with exchange companies in Iraq as their news channel said

yet nobody want to believe

Here is the killer :
Last auction ended yesterday, December 29

Then why the hell did the CBI post TODAY that there is an Auction will START on January 7 ????

Why they did not say it started today????

And this auction that will be held on January 7 will be AFTER the reevaluation happening

To manage currency stability like 2 other countries right now who has their currency on Forex and still the central bank get involved

One more question :
Who the f**k gonna hold transactions from now until January 7 ????????
🤣🤣🤣🤣🤣

You’re welcome 😎


https://x.com/majeed66224499/status/1873776384763424996


Forward from: Darth Vader Actual
👆👆 we are in the time of misdirection...ask yourself why would the CBI put this much energy into the smokescreen if we werent this close?


Forward from: Darth Vader Actual
🚨🚨🚨🚨🚨🚨🚨🚨🚨🚨🚨🚨🚨🚨

yesterday on Iraqi TV channels said

“the CBI has canceled It’s 20 years controversial auction… and now correspondent banks and exchange currencies companies who adopted the new system and is connected with US banks will do the transactions and people will only be able to deposit Dinar”

🚨🚨 here is how🚨🚨

Iraq’s approach to phasing out the controversial dollar auction and transitioning to a more modernized and compliant system is a significant step. While the Iraqi dinar (IQD) is not yet freely traded on Forex markets, the new system leverages correspondent banking relationships and stricter controls, allowing the country to operate effectively within the global financial system without direct Forex trading.

Key Mechanisms Behind This Transition:

1.Correspondent Banks as Gatekeepers:

•Iraqi banks will partner with correspondent banks (foreign banks with ties to U.S. banks).

•These banks will handle verifications, compliance, and due diligence for dollar transactions, ensuring adherence to international standards, particularly anti-money laundering (AML) and countering the financing of terrorism (CFT).

2.Central Bank’s Role:

•The Central Bank of Iraq (CBI) will enhance dollar balances in the accounts of compliant Iraqi banks.

•By stepping away from direct dollar sales, the CBI shields itself from the risks of misuse (e.g., fraudulent invoicing or dollar smuggling) and potential sanctions.

3. Forex Independence Is Not Immediate:

•Even though the dinar is not traded on Forex markets, the system operates through dollar reserves managed via correspondent banking.

•The credibility and liquidity of this system depend on Iraq maintaining strong dollar reserves and partnerships with international banks.

4.Preparation for Broader Currency Integration:

•This transition lays groundwork for a future where the dinar could potentially move toward Forex trading.

•To reach that stage, Iraq would need greater economic stability, transparent fiscal policies, and market confidence.

https://x.com/majeed66224499/status/1873768782914629988




Forward from: Darth Vader Actual
Auctions are done!


Forward from: Darth Vader Actual
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