Sunday, March 3, 2024
With A Dollar Bill... Deputy: The US Treasury Is Putting Pressure On Iraq, 3 MARCH
With A Dollar Bill... Deputy: The US Treasury Is Putting Pressure On Iraq
Information / Baghdad.. Today, Sunday, the representative of the Fatah Alliance, Ola Al-Nashi, accused the US Treasury Department of obstructing the Iraqi government’s reforms in light of waving the economic card through the dollar file.
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Al-Nashi told Al-Maalouma, “The economics file is more important than politics and what is happening in it, and it is the aspect that is focused on to thwart any government if it achieves successes and is able to get closer to the people.”
He added, "The government is required to take strong decisions against them in order to control the dollar crisis, noting that the American administration changed its sights towards the economic card after its failure in the soft war against Iraq."
Al-Nashi pointed out that “the rise in the dollar exchange rates in local markets is a political file to put pressure on Muhammad Shiaa Al-Sudani.”
The dollar exchange rates are witnessing a significant increase in the Iraqi markets, as the price of one dollar has reached more than 152 dinars, amid fears that this rise will continue. LINK
"THE IQD HAS A NEW EXCHANGE RATE OF $2.70 ON FOREX" BY MIKECRISTO8, 3 MARCH
MikeCristo8
It looks like the Iraqi Dinar has a new exchange rate of $2.70 on Forex.
The BRICS M-BRIDGE China Yuan gold revaluation is happening this weekend.
U.S. Banks will fail one by one.
Bye bye Dollar!
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DavidWang
@davidwangAQX
He said IQD is currently trading on the Iraqi Stock Exchange at $2.70 and hopefully it will be trading on the Forex live tomorrow.
"IMF RECOGNIZED THAT IRAQ IS A FINANCIALLY INCLUSIVE BANKING SYSTEM" BY GOLDILOCKS, 3 MARCH
GOLDILOCKS
The IMF is recognizing Iraq to be a financially inclusive banking system.
This means they have become an open banking system allowing free trade agreements to be made with them near and far.
The CBI article that goes with this writing indicates that the IMF has recognized Iraq to be a compliant, safe, and trustworthy institution for trade. It is well and it's way to digitizing products for trade beyond the oil sector and on the local level.
These new monetary mechanisms will shield them from money laundering that has plagued them for so many years, and it will enable them to move forward with the full confidence of a Global Economy.
© Goldilocks
https://cbi.iq/news/view/2527
"ANALYSIS OF IRAQ NEWS: EXAMPLE OF THE CURRENCIES FOR THE BASKET" BY FRANK26, 3 MARCH
Frank26: "EXAMPLE OF THE CURRENCIES FOR THE BASKET"...F26
The Iraqi Central Bank confirms to Shafaq News the provision of five foreign currencies as an alternative to the dollar for merchants
3/2/2024
The Central Bank of Iraq confirmed, on Saturday, that it has provided five alternative currencies to the dollar, for merchants to use in purchasing their goods from other countries using each country’s currency through the bank.
Deputy Governor of the Central Bank, Ammar Hamad, told Shafaq News Agency, “The Central Bank provided other foreign currencies to Iraqi merchants, which are (the euro, the Chinese yuan, the Turkish lira, the Emirati dirham, and the Indian rupee).
He added, "These currencies have become available to merchants for the purpose of financing foreign trade. When a merchant imports goods from China, he can now pay the Iraqi dinar to the Iraqi bank, and through the bank, the amount will be paid to the Chinese company and factory in the Chinese currency."
Last week, the Central Bank of Iraq's total sales of hard currency in US dollars amounted to more than one billion dollars.
Shafaq News Agency correspondent stated that the Central Bank sold during the past week, and for a period of five days during which the auction was opened, one billion and 52 million and 796 thousand and 86 dollars, at a daily rate of 210 million and 559 million and 217 dollars, lower than what it recorded the previous week, when it amounted to one billion and 62. One million 587 thousand and 198 dollars. LINK