"RV UPDATE" BY SHEILA & CLARE, 18 DEC

SHEILA

Iraq’s elections days are 18th and 19th.  Rumor has it they will release the new exchange rate post election…we shall see if that’s true or not in the coming days.

CLARE

  Article:  "Iraq agrees with the UAE to launch financial transfer and trade financing operations between the two countries"

  Quote:  "The Central Bank stated in a statement...that Central Bank Governor Ali Mohsen Al-Alaq met in Dubai with the Chairman of the First Abu Dhabi Bank Group, Hana Al Rostamani, indicating that during the meeting it was agreed to launch financial transfer operations between the two countries and finance trade and imports between them. Iraq and the United Arab Emirates in the UAE dirham currency through First Abu Dhabi Bank "

https://dinarevaluation.blogspot.com/2023/12/rv-update-by-clare-sandy-ingram-15-dec.html

 Article:  "Samsung: Iraq represents the most prominent market in the Middle East"

  Article:   "The World Gold Council announced, on Thursday, that Iraq and 4 Arab countries possess more than one million tons of global gold reserves ."  Quote:  "Iraq maintained its ranking of 30th globally out of the 100 countries listed in the table with the largest gold reserves, as it has not purchased gold since May, bringing its gold possessions to 132.7 tons, which represents 7.7% of the rest of its other reserves ."

Article: "Zain Cash relaunches the “Western Union” service" 

  Quote: "In light of the rapid development in the world of financial transfers and a renewal of the company’s commitment to providing safe and reliable services to its customers,  Zain Cash has relaunched the Western Union service after updating and developing it, "

 Article:  " Government source: Starting to implement the banking arrangements agreement with Türkiye” 

 Quote:  "The Central Bank has reinforced tens of millions of euros as an initial payment to cover retailers’ imports from Turkey."

https://dinarevaluation.blogspot.com/2023/12/rv-update-by-clare-8-dec.html