Friday, October 6, 2023

"RV UPDATE" BY SANDY INGRAM & CLARE, 6 OCT

  Sandy

  Article:  "Iraq to end all dollar cash withdrawals by Jan. 1 2024 -C.bank official"  

Breaking news...Iraq will bank cash withdrawals and transactions in US dollars as of January 1 2024 in the latest push to curb the misuse of hard currency reserves in financial crimes and the evasion of US sanctions on Iraq....

This move aims to stamp out the illicit use of some 50% of the 10 billion US dollars that Iraq imports in cash from New York Federal reserve each year...guys this is major.

Article: "Iraq Receives
Its Second Boeing 787 Dreamliner"
  Iraq has taken possession of its
second Boeing 787 Dreamliner aircraft.  This is the second of 10
airplanes Iraq has ordered
.  

International research and reports say
travel in the Middle East will increase by more than 40% in the coming
years.

Clare

  Article:  "Iraq prohibits cash withdrawals in dollars as of the beginning of 2024". Quote:   "A senior official in the Central Bank of Iraq said that the country will ban cash withdrawals and transactions in US dollars as of January 1, 2024, in the latest effort to limit the misuse of the country’s hard currency reserves in financial crimes...dollars deposited in 2024 can only be withdrawn in local currency at the official rate of 1,320 dinars to the dollar.

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