Wednesday, October 2, 2024

RV UPDATE BY CLARE, 2 OCT

  Clare  

Article: "Al-Sudani postpones his visit to the United Kingdom due to regional and international developments"  

 Article:  "What would happen to the Iraqi dinar if the zeros were removed? Comment by Dr. Mahmoud Dagher

 Quote: "Economist Mahmoud Dagher pointed out that deleting zeros will not change...the purchasing power of the dinar...Instead of carrying a bundle of 50,000 dinar notes, it will be possible to compress them into a smaller number of notes after removing the zeros, and this will not change their purchasing power.

 The amount of money on offer...is equal to 105 trillion dinars, and after removing the zeros, the amount will be 105 billion dinars, which is exactly the same amount, and the exchange rate will change from 1320 dinars per dollar to 132 dinars per dollar."

๐Ÿ‡ฎ๐Ÿ‡ถ๐Ÿ“ˆ Why the U.S.–Iraq Joint Statement Is Positive for the Iraqi Dinar's Long-Term Outlook

 ๐Ÿ‡ฎ๐Ÿ‡ถ๐Ÿค๐Ÿ‡บ๐Ÿ‡ธ Joint Statement: Prime Minister Ali Al-Zaidi and Special Presidential Envoy Tom Barrack Key takeaways: ✅ Stronger U.S.–Iraq part...