HUGE: ISX Issues, Launches Construction Bonds

[Luigi1]

Here's some articles of Dinarian interests...

-ISX issues, launch Construction Bonds.

-Gold price standard revealed in Iraq.

-More Western oil companies pull out of Iraq.

-India dumps USD over shameless US jobs report.

Treat as rumors.  Not verified.  Your opine.

 

 

 

KTFA via Clare:                      The Iraqi Market Decides To Launch Trading On Construction Bonds.

ARTICLE:  The Iraq Stock Exchange decided to launch trading on reconstruction bonds starting from March 19. 

A source in the Iraq Stock Exchange told Al-Eqtisad News that the construction bonds will be traded starting from the Tuesday session, March 19, 2024, & will be in two denominations: 500 thousand Dinars, with an interest of 6% & one million Dinars, with an interest of 8%.  He added that the 2nd issuance of reconstruction bonds will be launched for trading in the Wednesday session, Mar 27, 2024.  

 

 

 

Clare:                      With Its Rise Locally... Iraq's Gold Reserves Were Revealed.

ARTICLE:   The economic advisor to the PM, Mazhar Muhammad Salih, revealed the size of the Iraqi gold reserve at the CBI.

Saleh tolda news agency, “There should be a distinction between fundamentally imported commercial gold & monetary gold, which is an integral part of the country’s foreign reserves, as monetary gold falls within the diversification of the monetary authority’s investment portfolio & the numbers indicate that it exceeds 132 tons of monetary gold and within the safe range of reserves.” foreign to the country.

 

He added, "As for commercial gold, it is regulated by a law and instructions that are subject to the controls of commercial systems & the gold marking law, which the Central Agency for Standardization and Quality Control undertakes to mark & protect gold assets supplied to the country as national wealth."

 

Local markets in Baghdad are witnessing an increase in gold prices, as the selling price of a gram (the mithqal) reached 465 thousand Dinars.

 

 

 

FROM OTHER SOURCES:                      Oil Giants SHUTDOWN German Plants, India Dumps USD Payments For Oil Over Shameless US Jobs Report.

ARTICLE:  In the latest blow to German industry, oil giants including BP & Shell are scaling back their oil refining in the country.

This threatens to pile on more pressure, making manufacturing even more expensive.

 

Meanwhile, India is trying to De-Dollarize their oil purchases away from the Dollar, this is another big move by the world's 3rd-largest oil consumer.

 And finally, we must break down the latest and shameless jobs report from the BLS.

 

[Luigi1]

Here's another article related to the above...

 

 

MarkZ via PDK:                   We Won't Get Out Of March Without The RV.

Comment:  Ramadan now…could be a while. 

MarkZ:  If Kuwait is any kind of example…they don’t mind revaluing in Ramadan…I still think we could RV before April. 

But, nobody knows the exact timing.

[edbeach]

Isn't this what MarkZ said for Feb won't get out of Feb without the RV and also Jan and also Dec And also Nov; In fact I believe this a$$hold saids it almost every month. Hell everyone here can do the same with predictions each month,

[boosterbglee]

[CSM (R) Thack]

3 hours ago, boosterbglee said:

😂🤣😂🤣😂🤣😂🤣😂🤣😂🤣😂🤣😂🤣😂🤣😂🤣😂🤣😂🤣😂🤣😂🤣😂🤣😂🤣😂🤣😂🤣😂🤣😂🤣😂🤣😂🤣😂🤣😂🤣😂🤣😂🤣😂🤣😂🤣😂🤣😂🤣