EXCERPTS FROM MARKZ
Member: Mel From Australia said Vietnam RV’d in –country. I am waiting to confirm from a friend who is over there right now.
MZ: That would be huge if you can get that confirmation.
I continue to see about $1.50 from a few sources in the international banking world. I do not know if that is the final rate or not.
I hope its more…but if it is that it would still be amazing. That rate may be a placeholder.
US Ambassador: We Affirm Our Commitment To The Growing Partnership Between The United States And Iraq
Thursday 05 December 2024 21:23 | Politics Number of readings: 53 Baghdad / NINA / US Ambassador to Baghdad Alenia Romansky affirmed, today, Thursday, her country's commitment to the growing partnership between the United States and Iraq.
The ambassador said in a post on the X website: "Today we celebrated the American National Day at the US Embassy in Baghdad, affirming our commitment to the growing partnership between the United States and Iraq." / End https://ninanews.com/Website/News/Details?key=1173084
EXCERPTS FROM MARZK
Member: I think we are waiting on official articles on hcl being done
Member: Jim Willie said he knows someone in country in IRAQ that got the new rates yesterday. Also Nick Fleming had said yrs ago, that after the HCL was passed the RV would go within 72 hrs
Member: Hey Mark what is so special about the 10th of December? I see people talking about it
Member: its victory Day in Iraq. And Sudani had said he expected the Monetary reforms over by then
Member: I think Victory Day is the day we will be told and notified
MZ: You may be right. I really hope we go by then. I don’t want to still be sitting here in January.
Member: I heard 5 and 10 dinar notes have been released in Iraq.
MZ: That is the rumor. We are hearing reports from individuals in Iraq attached to the government have starting the process yesterday –before they release them to the general public. Do not know if it’s true or not. But I feel 99% certain they have started that process in Iraq.
MZ: I think we may have crossed the point of no return but we hav’nt crossed the finish line until we are sitting at the bank.
KTFA
FRANK26: "THIS IS HOW WE PLAYED MONOPLY ISN'T IT FAMILY... BANKS FIRST".....F26
Banks are the most traded sector in the Iraqi market in terms of value.
12/4/2024
The Securities Commission announced today, Wednesday, that the banking sector was the most traded on the Iraq Stock Exchange in terms of value for the third quarter of 2024.
The Commission said in a report reviewed by "Al-Eqtisad News", "The value of trading in the Iraq Stock Exchange rose to 158.5 billion dinars for the third quarter of 2024, compared to the same period in 2023, which amounted to 94.3 billion dinars."
She added that "the banking sector ranked first in terms of trading value, with nearly 88.8 billion dinars, followed by the industrial sector in second place with a trading value of 23.8, followed by the communications sector in third place with a trading value of 8.6 billion dinars."
The Commission indicated that "investment sales to non-Iraqis in the Iraq Stock Exchange for the third quarter of 2024 amounted to 18 million and 39 thousand dinars, while their sales amounted to 42 million and 479 thousand dinars."
Clare
Article: "Securities Commission: Iraq Stock Exchange Leads Arab Financial Markets"
Quote: "the Arab Monetary Fund mentioned in its monthly report for October 2024 the distinguished performance of Arab financial markets,
as the Iraq Stock Exchange topped the list of best performing markets during the month, recording a growth of 12.39%, ahead of the rest of the markets in the region
