DINAR REVALUATION

Wednesday, April 17, 2024

Inflation To 'Rebound', Crash Markets And Send Interest Rates Soaring | ...

"IMPORTANT IRAQ NEWS: PARLIAMENTARY COMMITTEE: AL-SUDANI’S VISIT WILL HAVE POSITIVE RESULTS ON THE IRAQI REALITY SOON" BY MNT GOAT, 17 APRIL

PARLIAMENTARY COMMITTEE: AL-SUDANI’S VISIT WILL HAVE POSITIVE RESULTS ON THE IRAQI REALITY SOON

Today, Sunday (April 14, 2024), the Parliamentary Foreign Relations Committee expected that the visit of Prime Minister Muhammad Shia al-Sudani would have positive results on the Iraqi reality during the near future stage .

Committee member Mukhtar Al-Moussawi told Baghdad Al-Youm: “We expect that Al-Sudani’s visit will have positive results on the Iraqi reality, especially on the economic file of the dollar issue and the sanctions on some Iraqi banks, and this visit will work to strengthen and enhance the financial and economic situation of Iraq.”

Al-Moussawi stated, “Through his visit to the White House and the meeting with the American administration, Al-Sudani will seek to resolve files related to the financial and economic dimension. The visit will focus primarily on these two files, and the results of the visit will be seen on the ground soon, especially with the issue of reducing the price of the dollar during the next stage.”

The Sudanese visit to Washington is dominated by the idea of creating an alternative and new relationship between Iraq and the United States of America that is not limited to the military and security aspects. Therefore, economic figures and others specialized in the environment, energy, pharmaceutical industry and other sectors dominated the list of the delegation accompanying the Sudanese, which consists of about 130 figures.

https://mntgoatnewsusa.com/latest-mnt-goat-newsletter/

"RV UPDATE" BY MNT GOAT, 17 APRIL

Mnt Goat

Article: "IRAQ’S FINANCIAL REVENUES EXCEED 11 TRILLION DINARS (about 11 Billion US Dollars) WITHIN A MONTH" Yes, even in a “rentier” oil economy the Iraqi dinar can still maintain a realistic rate of at least $3 or more...

.. I am not sure why, but this Kuwaiti dinar has been in the news so much lately...Remember Dr. Shabibi told us that when Iraq does get reinstated its nominal rate will be no more than around 25% higher than the Kuwaiti dinar. Remember this is when the Iraqi dinar finally settles down to its nominal after the onslaught by the market once reinstated for trading . Does this mean the Kuwaiti dinar could also revalue?

...quote – “the Kuwaiti dinar has maintained its position as the most expensive currency in the world for many years, and its exchange rate against the dollar is currently 1 to 3.25..." ...Will the Iraqi dinar over run the long-standing Kuwaiti dinar in its position as the most expensive currency in the world? ...we can clearly now see something BIG is about to happen to these currencies.

Iraqi Dinar | Sudani Going To Surprise Everyone With IQD High Rate | Ira...

"IMPORTANT IRAQ NEWS:VISITING THE SUDANESE.. GOVERNMENT ADVISER: ECONOMY WITH AMERICA WILL DO WIDELY FOR THE FIRST TIME" BY MNT GOAT, 17 APRIL

VISITING THE SUDANESE.. GOVERNMENT ADVISER: ECONOMY WITH AMERICA WILL DO WIDELY FOR THE FIRST TIME

{Efrat News} Prime Minister’s Financial Advisor Mazhour Mohamed Saleh predicted “positive developments” in the visit of Sudanese Prime Minister Mohamed Shia to Washington.

Saleh explained in a press statement that “what we see today of {positive developments} in the relationship between Iraq and the United States will turn the page of the past to open a page based on direct economic relations and productive investment opportunities with a first priority that precedes other priorities, including the establishment of sober banking relations between the two countries that help grow and prosperity, and that the banking reform policy in place today in our country contributes to adding an element of strength in the financing relations between the two friendly countries.”

He pointed out that “Iraq has with the United States with cohesive ties and foundations whose principles have been stepped by the Strategic Framework Agreement signed between the two countries in 2008 and ratified by the House of Representatives.”

Saleh believes that “the economic aspect (investment, development and financing) will be activated for the first time in this broad form of the strategic framework agreement in order to be consistent with the data and principles of the government program in the interest of stability and economic prosperity in Iraq.”

Prime Minister Mohamed Shiaa Al-Sudani arrived yesterday night in Washington on Saturday for his several days-long visit.

https://mntgoatnewsusa.com/latest-mnt-goat-newsletter/

"RV UPDATE" BY CLARE, 17 APRIL

Clare

Article: "Prime Minister Muhammad Shiaa Al-Sudani met this Monday evening (April 15, 2024) with US President Joseph Biden at the White House in Washington, DC. Al-Sudani said during the meeting, "We are working to move from the military relationship to a full partnership with the United States."

Article: "His advisor: Sudanese attention will focus on the economy during his meeting with the American President” Quote: "Counselor Saleh believes that the economic aspect (investment, development, and financing) will be activated for the first time in this broad form of the strategic framework agreement in order to be consistent with the data and principles of the program.”

Article: "Iraq 24 sources: Al-Sudani will meet a delegation from the Energy Companies Complex in Houston, which includes the largest oil, gas and alternative energy companies"