"RV UPDATE" BY CLARE, 4 JAN

 Clare 

 Article: "Selling an Iraqi currency dating back to the era of “King Ghazi” for 100 thousand pounds sterling"  Quote:  "A very rare Iraqi currency dating back to the royal era was sold in the country, today, Monday, at a fantastic price of 100,000 pounds sterling, or approximately 187 million Iraqi dinars."

 Article: "Expectations that the decline in dollar prices will bring benefits to the Iraqi individual "  Quote:  "In order to reduce the price of the dollar in the local market, the Central Bank of Iraq specified, yesterday, Sunday, the entities covered by receiving their external transfers in cash in the dollar currency, starting from January 2, 2024."

 Article:  "A financial expert points out the reasons for the continuous decline in the dollar exchange rate"   Quote:  "On Monday, financial expert Nabil Al-Ali attributed the continued decline in the exchange rate of the US dollar towards the Iraqi dinar to...the change in the attitudes of merchants and public opinion through their conviction of the strength and status of the dinar...The dollar exchange rates against the Iraqi dinar will continue to decline, thus touching the official rate specified by the Central Bank."

Article: "The Iraqi Dinar Overthrows The Dollar And Wins The Struggle To Control The Regular Market”  Quote  “The US Treasury continues its cooperation with the Central Bank of Iraq,as many Iraqi banks have now formed relationships with  international banks for the first time.”  

  Article:  " CBI Governor: Int'l welcome to the Iraqi banking sector’s commitment to compliance rules "  Quote:  " For the first time, Iraq is witnessing the reorganization of the external transfer process through correspondent banks, instead of the Central Bank or the Federal Bank being the executive interface for this process.”

https://dinarevaluation.blogspot.com/2023/12/rv-update-by-clare-23-dec_01992421810.html

  Article:  "CBI Governor: Int'l welcome to the Iraqi banking sector’s commitment to compliance rules"  Quote:  "For the first time, Iraq is witnessing the reorganization of the external transfer process through correspondent banks, instead of the Central Bank or the Federal Bank being the executive interface for this process.”

https://dinarevaluation.blogspot.com/2023/12/rv-update-by-clare-23-dec_01992421810.html