Monday, April 29, 2024

"RV UPDATE" BY CLARE, 29 APRIL

 Clare 

 Article: "Prime Minister’s Advisor: We will see the dollar fall on the black market soon". Quote:  "The political advisor to the Prime Minister, Fadi Al-Shammari...pointed out that Iraq agreed “with the US Treasury on a road map that includes a third party represented by an international consulting company to audit the procedures of the sanctioned banks, and its decisions are binding on the US Treasury.

Article:  "CEO of JPMorgan Chase expresses Support for Iraq”  Quote: "Prime Minister Mohammed Shia al-Sudani received Mr. Jamie Dimon, the CEO of JPMorgan Chase, and his accompanying delegation on Wednesday, during his visit to the Washington DC. "

 Article: "Vietnam central bank says it’s ready to intervene in forex market; dong now at record low against dollar

 Quote: "Intervention is possible even today, if needed, State Bank of Vietnam Deputy Governor Dao Minh Tu said at a briefing in Hanoi on Friday.  The dong dropped to a record-low 25,463 per dollar on the day."

Article:  "Al-Sudani stresses the necessity of dialogue with the US Treasury, the Federal Bank, and the International Monetary Fund"  

Quote:  "Al-Sudani stressed that it is not possible to work in any development sector without reform steps for the banking sector, stressing the need to continue dialogue with the US Treasury, the US Federal Reserve, the International Monetary Fund, and other international financial institutions."

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