- July 30, 2023
- Posted by: legaleseblogger
- Category: Related News
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I came across a captivating article this morning that delved into the history of the dinar from 2003. It truly sparked something within me, as it seems that people are still engrossed in discussing and reminiscing about the good old days when the possibilities seemed endless. There is a yearning to return to that time when the world was their oyster. It’s heartening to witness that individuals still possess the desire to be actively involved in the world and strive to make a meaningful impact.
In connection to our previous discussion, I have thoroughly examined the article you referenced regarding the parliamentary finance setting a date for the budget provisions to come into effect. However, after carefully analyzing your insights, it appears that you hold a differing viewpoint from the article’s claim that the budget will be implemented in the next few days. You believe that it will require more time for the budget to fulfill the necessary requirements for implementation. As a result, you consider the article’s assertion to be inaccurate, and you hold the belief that nothing noteworthy will occur this week or the next with regards to the budget.
Now, let’s divert our attention to the new national exchange rate for the new national currency of Iraq, which solely rests in the hands of the CBI board of directors to be bestowed upon Alaq, the Governor of the CBI, who will subsequently provide it to the Iraqi citizens. I have been closely monitoring the Iraqi dinar’s performance, and it is encouraging to observe that its value continues to rise on our bank screens. This is undoubtedly great news. Additionally, the Vietnamese Dong has also been experiencing an increase in value over the past few days, which indicates a positive outlook.
Recently, Muhammad Saadoun al-Sudani, a member of the House of Representatives, has accused the United States of America of “fabricating” the crisis surrounding the rise in dollar prices within the Iraqi markets. While highlighting the existence of a “big conspiracy,” he issued a stern warning to those who disregard the government’s instructions. In an interview with Al-Maalouma agency, al-Sudani declared, “The crisis of the dollar’s high exchange rates in the Iraqi markets is fabricated by America.” He further asserted that Washington is exerting immense pressure on the current government. Moreover, he emphasized how the Prime Minister’s decision to cap the exchange rates at 132,000 dinars for every 100 dollars aimed to curb the escalating rise but failed to achieve the desired outcome. This situation points to the existence of a significant conspiracy in this regard. Al-Sudani, taking a firm stance against those disregarding the government’s instructions, vowed to take deterrent measures and hold them accountable for their involvement in the crisis of high exchange rates in the local markets.
I apologize for my inability to disclose any confidential details concerning the CBI, as I am not privy to such information. However, I understand your eagerness to gain further insight into this matter. Rest assured, any updates or news regarding the CBI will be promptly announced, and we can all anticipate the promising developments that lie ahead. Let us maintain a positive and hopeful stance as we await any future progressions.
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