"RV UPDATE" BY PIMPY, 2 JAN

 Pimpy

  Article:  "The central Bank determines the entities covered by obtaining their remittances in dollars starting Tuesday"  As we all know...Iraq decided to de-dollarize.  They're no longer going to use the dollar.  Quote:   "Central Bank of Iraq specified the parties covered by obtaining their foreign transfers and cash and dollar currency starting from January 2nd. .."  They are definitely going to drastically reduce the use of the US dollar.

Article "Iraq is ranked 4th in the list of the most dynamic countries with foreign investment"   quote "Iraq ranked 4th among 10 countries with the growth of foreign investment momentum until 2024 with a growth rate in expanse of more than 370% from 2021 until the end of 2023 according to a report by the Foreign Direct Investment (FDI) website."  This is really good for Iraq.  

🔥Iraqi Dinar🔥First Time a Big🔥News Guru Intel Update IQD Value to USD🤑💵🤑🎉

A New Rise In Dollar Prices In Iraqi Markets.. This List, 2 JAN

 A New Rise In Dollar Prices In Iraqi Markets.. This List

Economy  2,295 views  Alsumaria News – Economy  Alsumaria News publishes the exchange rates of the dollar against the Iraqi dinar in Iraqi local markets for Monday, January 1, 2024.

Dollar prices rose with the opening of the Al-Kifah and Al-Harithiya stock exchanges to record 152,250 dinars for 100 dollars, while selling prices in exchange shops in the local markets in Baghdad rose, as the selling price reached 153,250 Iraqi dinars, while the purchasing price reached 151,250 dinars for every 100 dollars.

On February 7, the Council of Ministers announced its approval of amending the dollar exchange rate to 1,320 dinars per dollar.

For about a year, and specifically since the Central Bank began operating the electronic platform and the international financial transfer system ““SWIFT,” the dollar exchange rates in Iraq have not witnessed stability despite the attempts of the government and the Central Bank to control the exchange rate in the parallel markets.  LINK

"RV UPDATE" BY NADER FROM MID EAST, 2 JAN

  Nader From The Mid East 

 Happy New Year, best wishes and all that stuff...A lot of people are sending me messages going like do you see any changes?  ...I don't know why you're asking me that. What you guys heard?  Who told you anything? 

 Some people wrote me tonight at midnight the currency will be launched.  Some people said their new rate will come out tonight at midnight ...I didn't see anything like that.  They didn't say they're going to change the rate tonight.  They didn't say they're coming out with currency tonight... They'll never tell you they're coming out with it...I'm not expecting anything tonight...

 I hope it gets 1 to 1.  I'd be happy with that...Let's see what's going on with the budget and the elimination of the dollar.   Let's wait for the best and expect the best.

Iraqi Dinar🔥Iraq's Getting Ready For New Exchange Rates In 2024🔥iraqi di...

Within 8 Months, 80 Million Barrels Of Iraqi Oil And Its Products Were Exported To America, 2 JAN

Within 8 Months, 80 Million Barrels Of Iraqi Oil And Its Products Were Exported To America

2024-01-01 Shafaq News/ The US Energy Information Administration announced on Monday that Iraqi exports of crude oil and its products to the United States amounted to about 80 million barrels during eight months of 2023.

The administration said in a table seen by Shafaq News Agency, that Iraq exported 79.346 million barrels of crude oil and its products to America from March until October

She added that Iraq's exports of oil and its derivatives in October amounted to 9.116 million barrels, 727 thousand barrels lower than what they recorded in September, when they reached 9.843 million barrels.

The US Energy Information Administration stated that OPEC's exports of crude oil and its products to America during the eight months amounted to 342.472 million barrels, with Saudi Arabia having the highest rate of exports to America, reaching 1.426 million and 159 thousand barrels during the same time period.  LINK

"RV UPDATE" BY CLARE, 2 JAN

 Clare 

 Article: "Expectations that the decline in dollar prices will bring benefits to the Iraqi individual "  Quote:  "In order to reduce the price of the dollar in the local market, the Central Bank of Iraq specified, yesterday, Sunday, the entities covered by receiving their external transfers in cash in the dollar currency, starting from January 2, 2024."

 Article:  "A financial expert points out the reasons for the continuous decline in the dollar exchange rate"   Quote:  "On Monday, financial expert Nabil Al-Ali attributed the continued decline in the exchange rate of the US dollar towards the Iraqi dinar to...the change in the attitudes of merchants and public opinion through their conviction of the strength and status of the dinar...The dollar exchange rates against the Iraqi dinar will continue to decline, thus touching the official rate specified by the Central Bank."

Article: "The Iraqi Dinar Overthrows The Dollar And Wins The Struggle To Control The Regular Market”  Quote  “The US Treasury continues its cooperation with the Central Bank of Iraq,as many Iraqi banks have now formed relationships with  international banks for the first time.”  

  Article:  " CBI Governor: Int'l welcome to the Iraqi banking sector’s commitment to compliance rules "  Quote:  "For the first time, Iraq is witnessing the reorganization of the external transfer process through correspondent banks, instead of the Central Bank or the Federal Bank being the executive interface for this process.”

https://dinarevaluation.blogspot.com/2023/12/rv-update-by-clare-23-dec_01992421810.html

  Article:  "CBI Governor: Int'l welcome to the Iraqi banking sector’s commitment to compliance rules"  Quote:  "For the first time, Iraq is witnessing the reorganization of the external transfer process through correspondent banks, instead of the Central Bank or the Federal Bank being the executive interface for this process.”

https://dinarevaluation.blogspot.com/2023/12/rv-update-by-clare-23-dec_01992421810.html