RV UPDATE BY PIMPY, 8 OCT

 Pimpy 

 Article: "Customs: Our revenues during 7 months of this year exceeded one trillion dinars"  

This is awesome to see!  The crazy thing is, I remember in 2018-2019 this was one of those problem areas for Iraq. 

 There was a lot of illegal activities, a lot of bribing going on... 

Quote "the authorities hope the revenues will reach 2 trillion by the end of this year..."  That's one hell of an increase...

Article: "The International Coalition officially announces the end of its mission in Iraq within 12 months" 

 It must be that time of the year...Every year they say the same thing, within 12 months.

FIREFLY: THEY ARE TALKING ON TV WHAT WILL HAPPEN ONCE THE CURRENCY AUCTI...

US Ambassador: We are committed to supporting Iraq’s security, stability and sovereignty, 8 OCT

 Baghdad / Nina / The United States Ambassador to Baghdad Alena Romanowski confirmed on Monday that her country is committed to supporting Iraq’s security, stability and sovereignty.

“I spoke yesterday with Deputy Prime Minister and Foreign Minister Fouad Hussein about regional developments and the importance of diplomatic dialogue to calm current tensions,” the ambassador said in a post on the X platform.

“We are committed to promoting the common goals of the comprehensive U.S.-Iraqi partnership and supporting Iraq’s security, stability and sovereignty,” she added. /End9

https://ninanews.com/Website/News/Details?Key=1160360

IRAQ , A MODEL FOR REVELOPING STRATEGIES BY KAPERONI, 8 OCT

  Kaperoni  

 Article:  "International Praise for the Central Bank of Iraq: A Model for Developing Strategies that Serve the Development of the Banking Sector"

Kaperoni

  Article: "Developing the banking sector according to international standards... The Central Bank signs an agreement with the International Finance Corporation"

Kaperoni 

  This is a good quote from that article "The expected path of the Iraqi economy" 

 Quote: "The most important indicator, in my opinion, is that despite all the attempts to put obstacles in the way of economic development, intentionally or unintentionally,  

the government is moving forward with its program, leaving all attempts at obstruction in its wake, and this is one of the secrets of success and the key to hope."

https://dinarevaluation.blogspot.com/2024/09/rv-update-by-kaperoni-30-sept.html

DINAR GURUS UPDATES @DINARREVALUATION

It exceeded the barrier of 260 million. Iraqi Central Bank’s dollar sales rise, 8 OCT

 Economy News – Baghdad

The Central Bank of Iraq’s dollar sales rose on Monday to more than $260 million in the auction of currency sales compared to yesterday, Sunday.

The bank sold in its auction today 260 million, 547 thousand and 910 dollars, covered by a base exchange rate of 1310 dinars per dollar for documentary credits and international settlements for electronic cards, at a price of 1310 dinars per dollar for external transfers, and at a price of 1305 dinars per dollar in cash.

Most of the dollar’s sales went to boost balances abroad in the form of remittances and credits, which amounted to $253 million and $147,910, up 97% from cash sales of $7,400,000.

The number of banks that bought the dollar in cash reached one bank, while the number of banks that met the requests to strengthen balances abroad reached 12 banks, and the total number of exchange companies participating in the auction was 17 companies.

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Views 96

Added 2024/10/07 – 2:41 PM

https://economy-news.net/content.php?id=48439

RV UPDATE BY CLARE, 8 OCT

 Clare 

 Article: "Al-Sudani sends a message to the US President: We are on the verge of a dangerous slide"  

Quote:  "Iraqi Prime Minister Mohammed Shia al-Sudani said in a letter addressed to US President Joe Biden and the European Union countries, on Sunday, that the region is on the verge of a dangerous slide that could drag it and the world into ongoing wars."

 Article: "The government-owned Rafidain Bank announced on Friday that it has collected more than four trillion dinars electronically for the benefit of 700 government departments...

the total amounts that were settled and collected for the benefit of those government departments and deposited in their accounts at Rafidain Bank amounted to more than four trillion dinars."