Wednesday, May 29, 2024

"RV UPDATE" BY CLARE, 29 MAY

  Clare

  Article "The Central Bank of Iraq "denies" issuing a currency in the category of (100) thousand  dinars"  Quote "The Central Bank of Iraq denies issuing a new currency in the denomination of (100) thousand dinars, indicating  that the image of the new currency circulated on social networking sites is a “fake” image bearing the image of the late Iraqi  architect Zaha Hadid"  

Article:  "In light of the Middle East conflict, the World Bank expects oil prices to exceed $100"  Quote:  " The bank said in a report published today that a severe price disruption could lead to oil prices exceeding $100 per barrel, which would increase inflation in 2024 by about one percentage point."

Article: "Notice on the Continuation of the National Emergency With Respect to the Stabilization of Iraq"  

Quote:  "The obstacles to the orderly reconstruction of Iraq, the restoration and maintenance of peace and security in the country, and the development of political, administrative, and economic institutions in Iraq continue to pose an unusual and extraordinary threat to the national security and foreign policy of the United States...I am continuing for 1 year the national emergency with respect to the stabilization of Iraq declared in Executive Order 13303."

Article:  "The Central Bank begins the second phase of its banking reform strategy


 Quote: "what will be achieved from the second phase of the banking reform strategy will be reflected in the stability of the exchange rate and the recovery of the Iraqi dinar inevitably"


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