IRAQ NEWS HEADLINES
: KRGGOLDILOCKS: BREAKING NEWS: Vietnam and President Trump sign BIG DEAL - Vietnamese Dong
In this video, Freedom Fighter discusses the impacts of tariff changes and bilateral agreements between the United States and Vietnam on currency exchanges, particularly focusing on the Vietnamese dong.
The host emphasizes the importance of understanding these developments for individuals interested in currency exchange and the RVGCR (Revaluation of Global Currency Reset).
The bilateral trade agreement is presented as a significant factor in improving economic relations between both countries. By reducing trade barriers like tariffs, the Vietnamese dong is anticipated to increase in value as trade intensifies.
The discussion highlights that as Vietnam ceases reliance on the US dollar for trade and utilizes the dong instead, the demand for the currency will rise, thereby enhancing its value.
The video encourages viewers to stay informed and actively participate in the currency exchange process to capitalize on upcoming changes. Ultimately, it emphasizes patience in navigating these economic shifts.
🏦 Understanding Tariffs: Tariffs function as taxes on imports and exports, significantly affecting the prices of goods and potentially influencing currency value. By mitigating these tariffs, Vietnam and the US are positioning themselves for more robust economic interactions.
💪 Strengthening Economic Ties: The renewed diplomatic partnership between the US and Vietnam under the umbrella of a comprehensive strategic partnership aimed at elevating both countries’ economic prospects, showcasing that improved relations can lead to enhanced growth opportunities.
📉 Market Economy Influence: A market economy thrives on supply and demand principles. Decreased demand for the Vietnamese dong can be mitigated by free trade agreements, leading to upward valuation trends as the economy becomes more interconnected globally.
🌐 Trade and Currency Dynamics: With Vietnam being a significant exporter, particularly to the United States, the video posits that as barriers reduce, the dong will become increasingly attractive, potentially reversing its current devaluation trends.
⏳ Timing and Opportunity: The importance of timing in currency exchanges is crucial. The speaker stresses that impatience can detract from potential gains, advocating for a calculated and informed approach to currency investments.
🌍 Global Market Implications: The implications of these agreements extend beyond Vietnam and the US, suggesting potential shifts in global trading practices, the economics of currencies, and investment strategies as countries adapt to new trade landscapes.
📈 Future Market Movements: The speculation surrounding the floating of currencies indicates a transformative phase in the international financial system. Being part of this movement is deemed essential for those looking to capitalize on potential currency fluctuations as global trade practices evolve.
Overall, the discussion presents a nuanced analysis of the ongoing economic developments between the United States and Vietnam, providing insights valuable for anyone interested in currency trading or economic growth in the context of international relations.
KTFA
FRANK26: "THE CREME DE LA CREME FOR THE SECURITY & STABILITY OF THE M.R. !!!".......F26
4/11/2025
Advanced banking security according to international standards.
Comprehensive compliance with local and international laws.
Ease of conducting remote transactions for government agencies.
Improving banking efficiency and reducing paperwork.
Rafidain Bank continues to provide innovative digital services that contribute to the development of the Iraqi banking sector and enhance customer confidence in the national banking institution.
IQD RV
SUDANI FIRES GOVERNOR OF CBI AND TRADE BANK OF IRAQ AS IQD DEPRECIATES AGAINST USD
ERBIL (Kurdistan 24) – Iraqi Prime Minister Mohammad Shia’ Al-Sudani on Monday sacked the country’ Governor of the Central Bank and head of Trade Bank of Iraq (TBI) amid ongoing depreciation of the Iraqi dinar, state media reported.
Al-Sudani replaced Mustafa Ghalib, the current CBI chief with Ali Mohsen Al-Alaq, who presided over the key institution for seven years.
Salem Chalabi of the TBI, chairing the bank since 2020, was “retired”, the state media reported.
Bilal Hamdani has been tasked to manage the bank, it added.
The decision comes as the Iraqi currency has been depreciating since November against the U.S. dollar, as measures have been tightened on international dollar transfers.
Although the official exchange rate has been fixed at 1,470 dinars against the US dollar, the local currency was trading up to 1,600 to the greenback on local markets.
The instability in the value of the exchange rate has caused a public outcry, fearing the volatility will drive prices of commodities up, in an economy heavily dependent on imports.
However, economists argue the currency depreciation is due to the tightening measures on international transfers, some accuse Washington, particularly those backed by Iran, to have played a role in the roller coaster.KTFA
FRANK26: "EDDIE'S REPORT"......F26
Al-Zuhairi: More than 21 new economic items will soon see the light of day.
4/10/2025
Abdul Razzaq Al-Zuhairi, head of the Federation of Iraqi Chambers of Commerce, confirmed on Thursday that Iraq is making steady progress toward a promising investment environment. He noted that the government is serious about enacting a package of laws to strengthen the national economy, and noted that 21 new economic provisions will soon be enacted.
Al-Zuhairi said in a statement reported by the official news agency, and reviewed by Al-Eqtisad News, that "the union's work is broad and diverse, and it has become clear over the past three or four years that Iraq is living in a changing economic world that requires legislation and regulations that keep pace with global developments." He pointed out that "the current government is serious about enacting a package of new laws that contribute to strengthening the national economy."
He explained that "these laws, particularly those related to customs, taxes, and joining global platforms, in addition to granting sovereign guarantees, have greatly contributed to attracting the world's attention to the Iraqi market." He pointed out that "Iraq signed a memorandum of understanding with the International Chamber of Commerce in Paris regarding international arbitration, along with cooperation agreements with most European countries, which reflects Iraq's seriousness in opening up to the international community."
He added that "there are more than 21 new economic provisions scheduled to see the light of day soon, coinciding with field visits and extensive meetings with Prime Minister Mohammed Shia al-Sudani and active participation in international and Arab forums, which sent a clear message that Iraq has become an attractive environment for investment and is actually on the path to development."
Al-Zuhairi pointed to "the involvement of countries such as the UAE, Qatar, and Turkey in development projects within Iraq," considering this "clear evidence of the international community's confidence in Iraq's new reality."
He noted that "the current government differs from its predecessors in its approach to the private sector, providing it with unprecedented support and beginning to recognize the importance of its pivotal role in developing the national economy."
