Sunday, March 17, 2024

"RV UPDATE" BY SANDY INGRAM, 18 MARCH

 Sandy Ingram 

 Do not purchase any currency with Saddam's face on it unless you purchase it as a collector. Purchase currency that is now in circulation in Iraq.

 OPEC+ members agreed to extend voluntary production cuts by 2.2 million barrels per day in the second quarter of the year... Iraq is losing anywhere from $2 to $3 billion a month in OPEC's volunteer program to cut oil production.    

 IMF's report on Iraq's economy.  This is a critical report dealing with Iraq's...financial future... Iraq could easily be on the path to a higher exchange rate depending on how the country responds to the IMF recommendations...

Iraq's non-oil economy is expected to continue to its growth in 2024 after expanding by 6% in 2023.   The IMF also reported Iraq's economy is projected to rebound in 2024...

Iraq needs more sustainable non-oil growth according to...the IMF mission.

https://dinarevaluation.blogspot.com/2024/03/rv-update-by-sandy-ingram-11-march.html

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