Friday, August 9, 2024

"RV UPDATE" BY CLARE, 9 AUGUST

  Clare  

 Article:  ”Central Bank Governor's Resignation: Admission of Failure or Escape from the Repercussions of the Financial Crisis?

 Quote:  "Tuesday, that Al-Alaq decided to submit his resignation after facing multiple problems in the financial sector, in addition to his inability to fulfill his promises to control the exchange rate. This request comes at a sensitive time for the Iraqi economy, which suffers from severe fluctuations in exchange rates and direct impacts on the local economy."

Article: "The Iraqi Stock Exchange achieves “positive results” in light of the major and accelerating collapse of global stock exchanges!"  

Quote:  "the Iraqi Stock Exchange, unlike the world, achieved positive results for this day, unlike the data of Arab and international stock exchanges, indicating that the stock exchange in Iraq operates in a business environment that is almost separate from international markets."

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