Nova, Frank26 and KTFA Members Sunday Night
NOVA » July 13th, 2014, 7:14 pm
Good Evening,
Please See Below And Realize THIS IS THE CBI TALKING!!!!!!!!!!!!!!
Nova
CBI issues Visa cards Sunday, 13 July 2014 23:59
Baghdad (AIN) –The Central Bank of Iraq announced adopting the electronic payments of funds (Visa Cards) to limit the phenomena of carrying and dealing with cash.
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The statement added “The new system will organize the work of the providers of the service and issuing licenses for them according to the law No. (4326) of 22 June 2014.”
http://www.alliraqnews.com/en/index.php/faq/55278
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Moneytalks1: its kinda obvious to me that some countries can use a visa with a low exchange rate…unless im missing something here…and that very well could be the case…
Blessings to you moneytalks…
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NOVA » July 13th, 2014, Good Evening Sir, It Has Nothing To Do With A Value Against The Dollar.
It’s All About, “Is The Currency International?” Nova
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Moneytalks1: THanks Nova for making this point clear. Basically, international meaning Article 8 compliant and able to exchange or cash in our dinars-correct Nova?
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Kelly123: EXCITING!!! This is all meaningless without an international currency – bring it on!!! Why pass a lay in June, notify the public in July if you weren’t going to implement it??? IR is coming up!!!!
Thank you NOVA!!!!!!!
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Frank26: And THEN ………. Camouflage these MR steps with Mosul ……. ISIS ….. Kurds not happy …… M and his antics ……. Scare Tactics ……Media lies….. The non-sitting of a Parliament ……. John’s 2 visits in the still of 2 nights…… Russia …. ect.
Because ……….. It worked !!!
KTFA, Frank
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moneytalks1 :Frank, This is a great find. The CBI has to have an int’al rate for Visa. Visa cannot use 1166 as an int’al rate.
The CBI must release the IR shortly. Thanx.
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Frank26: Ahhhhhh? ………. Hmmmmm?……. Ahhhhhhhh……… Yes !!!
Consider this ………. When The politicians say something ……… Usually it never happens.
Yet when The CBI say’s something ……….. The odds are in our favor.
We are in the middle of 2014 and I see so many MR Steps ……… It’s Wonderful.
TY Governor of The CBI ………. M. B. Turki.
KTFA, Frank
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Shade : This is the question I hope Frank and/or Nova will address.
Can these cards be implemented in country only at first using 1166, then, at a later date, open up the international features?
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Frank26: “IF”……… They are implemented at 1166 then they like SO MANY other things are at the starting gate of the IR. Waiting.
NOTE: …………. This is VISA …….. They are not making THIS MOVE NOW so they can ……… SIT and WAIT.
This company …… This action BY THEM……… It’s Superior !!!
Pizza Hut can go in and afford to lose money while it waits for the IR ………. Oil Companies can also afford to go in now at 1166 because they are not losing so much.
BUT VISA and MASTER CARD………… Can not afford this move NOW and lose…….. Time with Money.
KTFA, Frank
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moneytalks1 : HI Delta, Sorry to ask this question again but do you still think the CBI will pull the trigger this month? Thanx again.
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Delta: YES, WITH THE CBI ANNOUNCEMENT TODAY ABOUT ISSUING VISA IS HUGE ONE. FOR CBI TO HAVE CONTRACT WITH VISA THEY MUST BE ABLE TO HAVE FREEDOM OF MOVEMENT OF CAPITAL !!
THAT MEANS ARTICLE 8 AND SINCE 1166 IS A PROGRAM RATE THEY HAVE TO COME OUT WITH TRUE RATE. DELTA
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Sager » July 13th, 2014, you took the words right out of my mouth with this post Delta.
South Korea may have a really low rate using visa, but the point of the VISA article is that Iraq MUST have an Internationally Tradable currency for this to happen, and 1166 is only a DE FACTO, ARTIFICIAL, PROGRAM RATE. This means that they must remove this 1166 program rate and replace it with a reality exchange rate that reflects the true wealth of the country. Sager
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Mile100: YES!! nova this is very signifcant. A rate is needed badly from the CBI its time for them to show the world. Would Visa issue their cards to a country with a program rate or do they know they are about to change it to a nice international rate?
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Frank26: Lava Flow. Mona Lisa.
The MR of The IQD. See how Peaceful it feels when You avoid the useless politicians and their drama ? Call it what You want KTFA Family ………. This is the ONLY thing to FOCUS on …… THE CBI ! Hey NOVA ………… Good find……. TY Sir….. KTFA, Frank |