Wednesday, March 6, 2024

"RV UPDATE" BY SANDY INGRAM, 6 MARCH

SANDY INGRAM

10 weakest currencies in the world:  The value of a currency depends on supply and demand while some are pegged, meaning the currency is valued at an agreed rate.  The foreign exchange rate is an indicator of a country's economic wealth.  #10 The Iraqi dinar - inflation and political instability are the given reasons.  #9 Ugandan shilling (USH)... #8 Paraguayan Guarani (PYG)...land locked in South America #7 Guinean Franc (GNF)... #6 Uzbekistani Som (UZS) 1 USD = 12,501 UZS  #5 Indonesian Rupiah (IDR)  #4 Laotian Kip (LAK)...only land locked country in Southeast Asia.  #3 Sierra Leonean Leone (SLL).  #2 Vietnam Dong (VND) #1 Iranian Rial (IRR)

US Department of State Website Article: "Secretary Antony J. Blinken and Kurdistan Regional Government Prime Minister Masrour Barzani Before Their Meeting

 The Iraqi Kurdistan prime minister has not been in Iraq at all for several days, but in Washington DC, meeting with Secretary Blinken.  They are discussing what went down in the first quarter of this year in Iraq.

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