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Post Info TOPIC: Thursday UPDATE for March 28, 2019


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Thursday UPDATE for March 28, 2019
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New US bank rates reported:

Zim    - $0.22 to $0.24

Dinar - $3.51 to $4.43

Dong - $0.47 to $2.23

The Iraqi Minster of Finance requested that all ministries convene and have financial reports completed for implementation of the 2019 budget.    [How long? Not long!]

Iraqi TV was broadcasting the past Prime Minister Abadhi stating that the process to arrest past Prime Minister Maliki for the downfall of Mosul was initiated and requested that present Prime Minister Madhi enforce that decision.

An announcement regarding Iraq's financial situation pertaining to its currency is expected on Saturday. Time Will Tell!



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Friday morning addition:

Reportedly, the IMF is pushing Iraq to raise their exchange rate to attract investors for the reconstruction and reforms efforts including trade with neighboring countries. PM Mahdi is still saying, "By June, it will all be completed." Time Will Tell.



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