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Wednesday PM….

Iraqi TV reports that private banks in Iraq are permitting all international banking organizations to enter into their financial markets.

Thursday Read More

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Reportedly from Sunday…..

Demonstrators took to the streets in Baghdad demanding fair pay.

Rafidain Bank is underwriting 5-year loans to the citizens … Read More

RayRen98

Everything was quiet over the weekend apart from talk about the election on Iraqi television. The conflict between Kurdistan and Baghdad has been … Read More

RayRen98

We’ve had a rash of bank stories coming in…Most of them have the banking community saying this will happen by the end of … Read More

RayRen98

The rates continue to fluctuate, usually by pennies. Dong is still 47 cents … dinar = $3.67 to $3.71 … those are the … Read More

RayRen98

A message supposedly went out today – get the RV going now or suffer the consequences. It went to the financial community. We’re … Read More

RayRen98

[You imply that Ray [RayRen98] has access to the current/new rates.]

Dinar = $3.71, dong = 47 cents, rupiah = $1.08, … Read More

RayRen98 (Tweet)

Quotes from Commissioner Ahmed Hama:

“The general budget law for 2018 is effective after it is published in the official newspaper, otherwise the … Read More

RayRen98

Iraqi newspaper issues a special issue of the Law of the General Budget…the President of the Republic sent the budget law to the … Read More

RayRen98

Iraq having press conference saying that the president has decided for the good of the citizens to send the 2018 budget to the … Read More