Jeff
A very very very important article came out... "Iraq prohibits cash withdrawals in dollar in early January 2024" This is either very very extremely good new or very extremely bad news...
Quote: "The country will ban cash withdrawals and transactions in dollars starting from January 1, 2024 in the latest effort to limit the misuse of the country's hard currency reserves in financial crimes"
Again this is either very bad news or very good news. If you receive it as good news it has nothing to do with the rate change specifically in the month of January. The rate is not changing in January.
Article: "The American decision still dominates Iraq. What do we need to get rid of it?"
The United States still has possession and control over all of Iraq's OPEC dollars in Washington DC.
Quote: "America is putting pressure on Iraq because it has not completely emerged from the UN resolutions..." Those are the U.N. Chapter 7 sanctions.
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