WOTS TUE APR 27 21 The Iraqi President: We adopt balanced relations and an open policy with all countries in the region

 WOTS TUE APR 27 21

No My FX Buddies podcast for the 27th 2021

On Tuesday, the dollar fell on the main stock exchange in Baghdad and Kurdistan.

According to a Correspondent for Shafq News, the Central Al-Struggle and Harthiya Stock Exchange in Baghdad recorded 147,800 Iraqi dinars for $100.

At its opening on Monday morning, the Central Struggle Stock Exchange recorded 148,000 Iraqi dinars.

Our correspondent pointed out that the prices of buying and selling decreased in banking shops in the local markets in Baghdad, where the sale price reached 148,250 Iraqi dinars, while the purchase prices reached 147,250 dinars per 100 U.S. dollars.

In Erbil, the capital of Kurdistan province, the dollar also fell, with the sale price reaching 147,800 dinars per 100 dollars, buying and 147,500 dinars per 100 US dollars.

Some banking office owners attributed the fluctuation in dollar prices to the amount of supply and demand in the markets, which does not exceed one dollar, pointing out that the markets will see dollar stability in the coming period.

The Markets:

The Asian markets closed mixed NIK down by .46% HSI down by .04% SHANG up by .04%

The UK markets are currently trading in the red from .02% to .41% 

Our futures are currently trading mixed  DOW at 33869 down  by .02% SNP at 4181.50 up  by .05% NDX at 14021 up  by .07%

Precious Metals:

Gold is red at 1781 Silver is green  at 26.33 Copper is green at 450 Platinum is green at 1246 

Brent 65 WTI  62   Bitcoin: 54,537 10 yr yield: 1.5

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Symbol	Bid	Ask	High	Low	Open	Change	Time
USD/IQD	1459.0000	1464.0000	1458.0000	1457.9000	1457.9000	0.2000	00:09
USD/VND	23042.0000	23046.0000	23026.7400	23024.4400	23024.4400	3.8100	03:52
USD/CNY	6.4843	6.4863	6.4894	6.4800	6.4838	0.0000	05:04
USD/KWD	0.3006	0.3016	0.3008	0.3007	0.3008	-0.0001	04:51
GBP/USD	1.3887	1.3888	1.3901	1.3859	1.3893	-0.0007	05:08
USD/IRR	42000.0000	42210.0000	42097.5000	42097.5000	42097.5000	0.0000	00:00
USD/IDR	14492.0000	14493.0000	14513.0000	14460.0000	14462.0000	30.0000	05:06

Things in the News:

GALLUP: Economic Confidence Positive First Time in Pandemic... 
CENSUS: USA population 331,449,281...

Grew at slowest rate in history... 
CENTCOM Commander: Drones Dropping Explosives 'Concerns Me Most'...   
 

Iraqi Articles:

The Iraqi President: We adopt balanced relations and an open policy with all countries in the region

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Iraqi President Barham Salih received, Monday, at the Peace Palace in Baghdad, Iranian Foreign Minister Javad Zarif, in the presence of Iraqi Foreign Minister Fuad Hussein.

During the meeting, bilateral relations between the two countries were discussed, and the Iraqi President affirmed - according to a press release by the Iraqi Presidency - that the policy of openness adopted by Iraq to its regional and international surroundings aims to build balanced relations in support of efforts to reduce tensions and crises, pointing out that a capable, independent and sovereign Iraq represents the interest of They are common to the whole region, and a fundamental factor in enhancing its stability and the basis for a system of work based on issues of common security, economy, environmental protection and mutual development opportunities that benefit the countries and peoples of each region.

The Iraqi president added that the countries of the region face several challenges, and joint work, coordination and commitment to dialogue should be made to overcome the differences and imbalances that surround them, and to cooperate to end conflicts and conflicts and face the existing economic and health challenges, within the framework of mutual respect, common interests and state sovereignty.

MP: Zarif's extended meetings with all Iraqi components have positive implications for the future

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Member of Parliament Nada Shaker Jawdat considered, on Tuesday, that the visit of Iranian Foreign Minister Muhammad Javad Zarif to Baghdad and his expanded meetings with all political components have positive connotations. It is likely that Iraq will have a pivotal role in defusing the crisis in the region.
"The visit of the Minister of Foreign Affairs of the Islamic Republic of Iran, Muhammad Javad Zarif to Baghdad and his expanded meetings with all political components carry several messages, but they are positive messages and connotations," Jawdat said in a statement to "the information".
She added that "follow us flexible between the Islamic Republic and Saudi statements through visits by the Prime Minister of the Gulf recent and show its willingness to resolve the crisis with Iran in return Tehran welcomed it welcomes any meeting would confer on the region 's atmosphere of peace," likely to "be IraqIt has a pivotal role in defusing the crisis in the region.
Iranian Foreign Minister Muhammad Javad Zarif arrived in the capital, Baghdad, on an official visit, as part of a regional tour that included Qatar, where he met the three presidencies and a large number of politicians and officials

 

Al-Maliki meets Zarif and calls for Iran's return to negotiations on the nuclear file

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The head of the State of Law Coalition, Nouri Al-Maliki, discussed, on Tuesday, with Iranian Foreign Minister Muhammad Javad Zarif and his accompanying delegation, issues of common concern between the two countries.  

    

The media office of the President of State of Law said in a statement that "People" received a copy (April 27, 2021), that "developments in the political and security situation in the region were discussed during the meeting, and bilateral relations and issues of common concern were discussed."  

Al-Maliki referred to "the importance of Tehran's return to the dialogue table regarding its nuclear file, as it has an impact on the stability of the situation in the Middle East," explaining that "the region is facing great challenges that require everyone to stand and cooperate to overcome them."  

For his part, the Iranian foreign minister affirmed his country's commitment to support the stability and sovereignty of Iraq and to strengthen bilateral relations between the two countries in various fields.  

CBI Update:  Just  a note:

They have been having auctions and the ISX has been trading regularly; the sites just don't update in time to put the information in this report, unless it is 
here.   

http://www.cbi.iq/

Click on the link above for the latest update.

The CBI for rate is 1460

The currency auction For April 27th , 2021 total sales amount $ 200,454,012. 

including   $35,400,000. CASH 

ISX Update:   

www.isx-iq.net/

Shares Traded: not updated for today

Value Traded: not updated for today 

https://www.dinarguru.com/

4-26-2021   Newshound Guru Kaperoni   Guru Sandy made a comment that I was wrong about Iraq floating the currency. First of all I don't expect them to float it under the current conditions. Secondly, Iraq has a lot to do before they can float (such as passing laws and encouraging foreign investment)...Sandy needs to read the IMF documents where they specifically talk about Iraq floating the currency. And lastly everyone knows with all the numerous articles, floating is what currencies do. Especially with emerging economies.  [reference Guru sandyf post 4-26-2021]

4-26-2021   Intel Guru MarkZ   [via PDK]   [Rumor is Shabibi said long ago the dinar rate could go as high as $16.00!...]  Dr Shab's…he clearly states it could be in the 16.00 rate…Dr Shabibi is the architect of the Iraqi Dinar RV…this is straight from the horses mouth.

4-26-2021   Intel Guru Frank26   I live outside of Iraq that's why I study the rate that will grow.  Not the one that they're going to introduce.  And I think it's extremely important that you think in that direction too.  You've got to be wise.  You can't be a sucker and rush in there and exchange everything at 1 to 1 IMO.  I don't care about the rate inside of Iraq.  That is the key.  I care about the rate outside of Iraq...

4-26-2021   Intel Guru MarkZ   [via PDK]   ...I am expecting an exciting week...I am hearing Currency redemptions could start on Thursday…I am getting an overwhelming amount of chatter from Redemptions Centers, Paymasters, and group leaders that it is getting fun this week.  As I understand it they are going to start setting appointments a couple days out…So as of today and tomorrow we will be watching things very closely... Remember to consider everything a rumor for now…but we sure appear to be close. I can feel it…you can feel the change coming….

4-26-2021   Intel Guru Frank26   Why did you [CBI] raise your reserves from 60 to 90 billion?  Why?  For a program rate?  Really?  It would only be because you want to raise the value of your currency...you need to know if your country can sustain these numbers...the telltale sign of going from 60 to 90 should have told you they're going to raise the value of their currency...

4-26-2021   Intel/Newshound Guru sandyf     NORV [Guru Kaperoni] is right in that no country could ever revalue in the way suggested, and in particular Iraq.  He is also wrong in trying to make out there would be any benefit in floating he currency. No country that has ever been forced into a flotation has gained value in the short term. The guru BS continually refers to Kuwait but that is fake news, there never was any RV in Kuwait. During the occupation Iraq replaced the KWD with the IQD as the national currency. The Central Bank of Kuwait went into exile and continued business as best it could, after the occupation the KWD was reinstated as the national currency at the same value it had before. Anyone interested in what actually happened should read the document  "The Impact of the Iraqi Invasion on the Kuwaiti Banking and Financial System: Lessons Learned from a Financial Crisis"

4-26-2021   Intel Guru Frank26  They will soon raise the rate 1 to 1 which is Article 8 which is International status.  Leaving at 1460 and they can go international at 1460 is not going to draw any attention to give the currency of Iraq more potential growth...what is extremely important is what happens to the rate internationally from 1 to 1 outside of Iraq for you.  You've got to know when to hold'm and when to fold'm...it is the REER (Real Effective Exchange Rate) that you and I seek.  We already know it's going to be 1 to 1...they have articles that told us so...the pendulum swing is now going in the direction of the exchange rate that is coming IMO...  

Catnip's Corner:

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ARTICLE 1-A (from PM Kadhimi's website; posted only on Arabic side, not on English side)

Prime Minister Mr. Mustafa Al-Kazemi receives the Iranian Minister of Foreign Affairs

The Prime Minister, Mr. Mustafa Al-Kazemi, received today, Monday, the Minister of Foreign Affairs of the Islamic Republic of Iran, Mr. Mohammad Javad Zarif and his accompanying delegation.

At the outset of the meeting, Mr. Al-Kazemi welcomed the guest minister in Iraq, where the atmosphere of the blessed month of Ramadan was, and he also conveyed his greetings to the Iranian leadership.

During the meeting, they discussed the development of bilateral relations between the two countries in a manner that serves mutual interests, and the promotion of trade exchange in both directions. They also discussed the two countries ’fulfillment of their financial and contractual obligations.

During the meeting, they also discussed the cooperation of the two countries in confronting common security threats, based on the cooperation that occurred during the confrontation of the terrorist organization ISIS and preventing its resumption.

Mr. Al-Kazemi stressed the importance of communication between officials of the two countries, in light of the rapid developments taking place in the region and the world, which require the continuation of dialogue and the exchange of ideas between the countries of the region.

For his part, Iranian Foreign Minister Mohammad Javad Zarif conveyed the greetings of the Iranian leadership to the Prime Minister, and congratulated him on the advent of the holy month of Ramadan.

Zarif pointed to the importance of the role played by the Iraqi government and Prime Minister, Mr. Mustafa Al-Kazemi, whether at the level of the relationship between the two countries or at the level of regional files more broadly, and the role of Iraq in adopting the policy of dialogue and calm for the sake of security, stability and peace in the region.

Mr. Zarif also announced that the Islamic Republic of Iran rejects any action or behavior that negatively affects security in Iraq.

Media Office of the Prime Minister

April 27, 2021

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ARTICLE 1-B (from PM Kadhimi's website; posted only on Arabic side, not on English side)

The Council of Ministers holds its extraordinary session chaired by the Prime Minister, Mr. Mustafa Al-Kazemi, which is devoted to discussing the tragic accident at Ibn Al-Khatib Hospital

The Council of Ministers held its extraordinary session today, Sunday, headed by Prime Minister Mustafa Al-Kazemi, which was devoted to discussing the tragic accident at Ibn Al-Khatib Hospital.

At the beginning of the session, the council read Al-Fatiha as a mercy for the lives of innocent victims. Al-Bari accepted them as martyrs in Elin.

After discussion and consideration of the circumstances of the accident and its circumstances, the Cabinet decided the following:

1- Conducting an investigation headed by the Minister of Interior, and the membership of each of the following:

A - Minister of Planning

B - Minister of Justice

C - President of the Integrity Commission.

D - President of the Federal Office of Financial Supervision

E - A representative of the House of Representatives / an observer member

2- Investigation into the Ibn Al-Khatib Hospital fire accident, identifying the negligent persons and holding them accountable.

3- The hand of the Minister of Health is withdrawn and he is referred for investigation.

4- The hand of the Governor of Baghdad is withdrawn and he is referred for investigation.

5- The hand of the General Director of the Rusafa Health Department is withdrawn and referred for investigation.

6- The above investigation shall be completed within five days, and the report shall be submitted to the Council of Ministers, and experts in the field of interior and health may be sought.

7- Assigning the legal department in the General Secretariat of the Council of Ministers to prepare a draft law regarding the victims of the Ibn Al-Khatib Hospital tragedy (martyrs), and refer it to the Council of Representatives.

8- Granting an amount of ten million dinars to the families of each of the victims of the tragedy.

Media Office of the Prime Minister

April 25, 2021

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ARTICLE 2 (from Government of Iraq twitter account)

At the time this report was submitted, there are no new tweets posted on the Government of Iraq twitter account.

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ARTICLE 3

Zarif arrives in Parliament and meets Al-Halbousi

4/26/2021 16:54 

[Baghdad-Where]

Parliament Speaker Muhammad al- Halbousi received, on Monday, Iranian Foreign Minister Muhammad Javad Zarif.

Iranian Foreign Minister Muhammad Javad Zarif arrived today in the capital, Baghdad, on an official visit, during which he met with Foreign Minister Fuad Hussein and President Barham Salih, and discussed with them developments in bilateral relations and the situation in the region.

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ARTICLE 4

The House of Representatives obliges finance to direct allocations to complete regular hospitals

4/26/2021 16:42 •

[Baghdad-Where]

The Presidency of Parliament announced, on Monday, that the Ministry of Finance is obligated to direct the necessary allocations to complete regular hospitals.

"The Presidency of the Council of Representatives decided to oblige the Ministry of Finance to direct the necessary allocations to complete the regular hospitals that have reached advanced stages throughout the governorates, and not to invoke unacceptable excuses," said First Deputy Speaker Hassan Al-Kaabi during the special session devoted to discussing the tragedy of Ibn Al-Khatib Hospital.

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ARTICLE 5

Visit Barzani, man of agreement and the mission to save Iraq

2021-04-26 16:45

The Kurdistan Region Presidency statement was clear and explicit in describing the visit of Mr. Nechirvan Barzani, the region's president, to the capital, Baghdad, which lasted for three days, and his meetings and meetings with the presidents of (the republic, ministers and parliament), leaders and senior officials of the Iraqi political forces and parties, Barzani's discussions and his meetings with leaders and officials of the country about The Iraqi political, security, economic and health situations, the problems of Erbil, Baghdad, the dangers of terrorism and the importance of creating a vision and a common understanding for the future of Iraq, adding that he put forward for discussion the status and international relations of Iraq.

This important and comprehensive visit in which Barzani met most of the officials and political leaders who had a role in governing Iraq during the previous years, and personalities who may have a role in the future, which is what a person other than Barzani could not achieve during the period of the visit, which was intense and inclusive of all spectrums and colors. .

The manifestations of the welcome, interest and appreciation of this visit were clear, and the statements of praise and results that the visit could lead to were covered by the media, and it will have repercussions and effects not only at the regional level, but also on the level of Iraq, neighboring countries and the world, where it can be said that Nechirvan Barzani was able with this visit to bypass and leave From the framework of the Kurdistan region as the region’s president, to the Iraqi national framework and the international reality, as he is one of the Iraqi leaders who can present a model that gathers and meets others with him and in his council.

Barzani, on his recent visit to Baghdad, confirmed that he is the man of agreement with whom the opinions, trends and points of view of all the Iraqi personalities who rule or have a role in the political process in Iraq converge, and that he is a person who gathers, unites and composes hearts before the minds that praised and praises the role he plays in the region and in Iraq.

The circumstances and the existing reality impose itself on everyone and necessitate action for a great mission, which is to save Iraq, as Barzani moved first from Erbil to Paris in a quick visit for a French-European initiative that brings together Iraqi parties that are difficult to meet with and know their directions within a short period due to the tensions, interventions and influences On regional and international levels.

Barzani succeeded after his return to Erbil and gathered Kurdish forces and parties in a meeting in the region’s presidency after more than a year of estrangement and the Kurdish parties ’lack of communication, to unify the Kurdish position and voice and visit Baghdad after the budget law was passed, amending the Federal Court’s law, and setting the date for early elections, all of which are demands. Iraqi .. meaning that Barzani did not visit Baghdad for the sake of an unresolved issue or for the region’s interest only.

Barzani's visit and his meeting with the Secretary General of the Arab League shows that the Kurds and the region are the strategic depth of the countries of the region and Baghdad, and as the mountains and land of Kurdistan were a safe haven and a homeland for all militants and honorable people for a new future for Iraq, this visit and the meetings that took place confirm that the region is the lung of Iraq from which health and wellness inhale Safety, good opinion and unification of views, which Nechirvan Barzani, President of Kurdistan Region, succeeded in confirming as the man of agreement in the mission to save Iraq.

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