CandyKisses:  Economist: The measures of the government and the Central Bank curbed the dollar fever in Iraq

Information/Baghdad…Economist Bassem Antoine confirmed on Thursday that the measures of the government and the Central Bank of Iraq curbed the fever of the rise in the exchange rates of the US dollar against the Iraqi dinar in the local market.

 Antoine said in a statement to Al-Maalouma agency, “The measures of the government of Muhammad Shia’a Al-Sudani and the Central Bank of Iraq regarding the file of the dollar’s exchange rate hike against the dinar have taken their place in preserving the value of the local currency.”

He added, “The steps of the government and the Central Bank contributed to stopping the process of the rise of the dollar ,in addition to providing it in the local market through the electronic platform system, and obliging all licensed banks and banking companies to work accordingly.” Where it was rumored that the exchange rate of one hundred US dollars would reach 200,000 Iraqi dinars.

The exchange rates of the dollar against the dinar witnessed, during the current week, stability at the exchange rates of the dollar in the local markets in all governorates of the country, as the selling price reached 141,000 dinars per 100 dollars, while the prices of The purchase is 139,000 dinars for every 100 dollars, in the capital, Baghdad.


Tishwash:  Iraq and Mexico agree to establish the Parliamentary Friendship Committee between the two countries

Iraq and the United States of Mexico agreed to establish the Parliamentary Friendship Committee between the two countries.

The Ministry of Foreign Affairs stated in a statement that Mawazine News received a copy of, that “the Iraqi side was represented in the ceremony announcing the formation of the committee that took place at the headquarters of the Mexican House of Representatives, the interim Chargé d’Affairs of the Republic of Iraq to Mexico, Ali Issam Abd Ali

And on behalf of the Mexican side, the head of the Friendship Committee Representative Manuel Alejandro Robles Domínguez, and in the presence of the Chairman of the Foreign Relations Committee of the Mexican Chamber of Deputies, Representative Alfredo Vietman Banyoles, many of the 17 members of the Committee, and the Head of the Africa, Central Asia and Middle East Department of the Mexican Ministry of Foreign Affairs, Ambassador Jose Octavio Trippe.

The two sides stressed, “the common desire to develop parliamentary relations between the two countries, build bridges of trust, coordination and joint cooperation, and for parliamentary diplomacy to play its role in this field alongside governmental diplomacy, in order to develop relations between the two friendly countries and start from the historical legacy of this relationship.”  link


MarkZ Update:

Mark : I just got tossed off the airplane because they wouldn’t let my airline approved wheelchair fly. Very aggressively removed for some reason. Headed to the airline desk to get it figured out. No idea my schedule right now. @AmericanAir



Militia Man  Today we are heading towards open trade.  That’s huge… Article quote:  “A statement received by the news today that customers of the Iraqi Trade Bank from Iraqi private sector companies can make foreign commercial transfers…to all countries of the world…through their accounts opened in Iraqi dinars.”  Powerful statement …effectively international…Why didn’t they do this 6 years ago?

Clare  Article:  “The Iraqi Trade Bank issues a statement regarding foreign remittances”  Quote: “customers of the Iraqi Trade Bank from Iraqi private sector companies can make foreign commercial transfers through the platform of the Central Bank of Iraq to all countries of the world through the bank’s branches through their accounts opened in Iraqi dinars.


Greg Mannarino:   4-27-2023

SILVER ALERT! Weak Silver Price Slam on Last Trade Day Before May COMEX SILVER DELIVERY!

(Bix Weir)  4-27-2023

If the CFTC refuses to see the obvious silver price manipulation move today…WHY do we pay them with our TAX MONEY?!

The “problem” with Silver is not the lack of metal but the distortion of the true Fair Market Value!

At $600/oz silver there would no longer be a silver shortage!! True price discovery is how the “Invisible Hand” balances Supply vs. Demand in a sound economic system.

When you allow price suppression – you remove the Invisible Hand – which destroys FREEDOM!