Latest Mnt Goat Newsletter

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June 13, 2024 Mnt Goat News Brief

Hi Everyone,

Again, there is not much new news, but it is exciting news.

GIVE A GIFT TO MNT GOAT

I decided to allow everyone to give a Free-will GIFT to Mnt Goat on PayPal if you so desire but only if you so desire and can afford it. Please don’t leave it up to someone else to help, you too can help. Here is the link below:

Going on over 10 years now, I have taken my own time to research and document findings about the revaluation and reinstatement of the Iraqi dinar. At this time more than ever I do not need to be doing this. I do it out of charity and love with understanding that all of us do NOT have the time to go do our own research. We are busy with our jobs, our daily lives and raising our children. So, I try to help out. But remember I too am very busy in my daily life too. I am no different, yet I take the time out each day to complete the task of research and composing my newsletter for you. This Newsletter will not survive without your ongoing support. There are more than 20,000 followers and readers on my blog. Why do the same handful only help out? Do the rest not want or care about the news I bring?

I feel we have been in a critical period of the currency reform program since January of last year 2023. Now we are in a “vital” period.  Like a game of chess, we are now in a waiting mode for the Central Bank to make their next move and rollout the second-rate change in-country to just over a dollar, that we were told is coming. Since they told us they now control the parallel “black” market, and that negotiations were successful in lifting sanctions on many Iraqi banks.

If you have gifted already, as I can see many have recently…. a heart-felt Thank YOU!  

Did you happen miss the last couple Newsletters? Click here to go to Mnt Goat Archives.

Proverbs 18:16

A gift opens the way and ushers the giver into the presence of the great.

See the entire Mnt Goat Newsletter Blog HERE. There is much more amazing news than just the bi-weekly newsletter.

More news….

IRAQ RAISES ITS GOLD POSSESSIONS TO MORE THAN 145 TONS

The World Gold Council announced on Thursday that Iraq has increased its gold holdings to reach more than 145 tons of global gold reserves. According to the latest table issued by the Council for the month of June, viewed by Shafaq News Agency, the volume of Iraq’s gold possessions reached 145.7 tons, compared to 142.6 tons during the month of May. 

The Council explained that Iraq dropped in rank to reach 31st place globally out of 100 countries listed in the table with the largest gold reserves, and this amount represents 9.8% of the rest of its other reserves.

The Council indicated that the United States of America has the largest possession of gold in the world with 8,133.5 thousand tons, followed by Germany with 3,352.9 thousand tons, then Italy with 2,451.8 thousand tons, while Suriname came at the bottom of the list with 1.2 thousand tons.

It is noteworthy that the World Gold Council is based in the United Kingdom, and includes members of the largest gold mining companies in the world, and has extensive experience and deep knowledge of the factors affecting the gold market.

(IQD still at 1/6 of a penny?)

More news….

WASHINGTON: BAGHDAD IS COMMITTED TO BANK REFORM AND WE SUPPORT THE IRAQI LENDING STRATEGY

Today, Wednesday, the United States expressed its support for the Group of Seven and the World Bank for the national strategy for bank lending in Iraq for the period 2024-2029, while confirming that Baghdad is committed to reforming government banks.

The US Embassy in Baghdad said, in a statement received by Al-Youm Al-Akhbariya, “The Iraq Economic Contact Group (G7 and the World Bank) supports the adoption of the national strategy for bank lending in Iraq for the period 2024-2029, which was launched recently.”

The embassy added: “We also commend the Iraqi government’s commitment to reforming government banks and encourage continued focus on meaningful reform.”

STATUS OF THE RV

Do you believe that its almost mid-June already? So, the hot news this period is GOLD. Is Iraq going to back their dinar with gold? I have many people asking me this question. So, I decided to ask my CBI contact on my Wednesday call to Iraq and I was told that YES, the dinar will be backed by gold. Or more like they told me it is being NOW being backed by gold. It is a process to get there. They are moving quickly in this process. Choo-Choo!!!

😊 What more GOLD?

Then because of a negative article this period on this subject of gold, of citizens purchasing gold and keeping this money out of the banking system, I asked if this was harmful and could it negatively impact their effort to revive the banking sector. I was told it was not an major issue as they are tracking the notes and dollars as they are used to buy gold. To buy large sums of gold they must go to special dealer that is registered to sell. Petty jewelry sales will not impact. They are watching large buyers. Also I was told that they may place a limit on personal gold possessions. This also by itself confirms that the dinar is going to be backed by gold soon.

What else is of importance in the news?

😊 Stock exchange and Securities

Today, Wednesday, the Iraqi Securities Commission announced the signing of an agreement with the International Finance Corporation (IFC), affiliated with the World Bank. Al-Youm Al-Akhbariya said and I quote-  “We continue our efforts aimed at incorporating good international practices in developing the performance and effectiveness of the Iraq Stock Exchange and other activities related to securities.” Wow! Just read the Pillars of Financial Reform. Here we go again more of it. They are attacking all these sectors.

😊 Diversification of Revenues

Specialists in economic affairs called for the necessity of working to enhance non-oil revenues and reduce dependence on oil in a manner consistent with economic reforms. The specialist in economic affairs, Dr. Ahmed Al-Rawi, explained  oil because of its international and strategic importance, oil is considered a causal commodity.” For economic activity or even influencing political decisions it has become necessary to take practical measures regarding reconsidering revenues away from rentier expectations of oil alone and raising all forms of unnecessary revenues for public expenditures.

Activating non-oil revenue systems, such as the system of taxes and public fees, and revitalizing economic sectors so that the economy becomes capable of providing revenues for the budget  as job opportunities for the young workforce and diversifying incomes, as well as developing nonoil production.   

We already knew this is the path that Iraq is taking and so this news should  not be a shock to anyone reading my newsletter. Over the course of months we read article after article telling us of this diversification strategy.  

😊 Sovereign Wealth Fund (SWF) an unusual idea?

Then also in the news the economic and financial advisor to the Prime Minister, Mazhar Muhammad Saleh, proposed an “unusual” idea to establish a sovereign wealth fund. Unusual idea? Really? Whoever wrote this article is not telling the entire story. Just months ago, we read an article telling us this was the plan. So, the plan to establish the fund is not new and is already in the making. So, today let’s us instead learn about what they propose to do and why. Why will this fund be so important to Iraq?

Saleh said {to Al-Furat News} that: “The SWF sovereign wealth funds, which Kuwait started with the Generations Fund since the 1950s, were followed by surplus countries exporting raw materials in general and oil in particular, on the basis of diversifying the investment of those financial surpluses in financial and real investment opportunities in major economies.” Outside their countries through a fund called the Sovereign Wealth Fund (SWF) whose function is to manage the investment of surpluses in financial and real assets outside their countries, and the reason is due to an issue called “weak absorption capacity.”

He explained, “that is, the weakness of the ability to convert those surplus savings from revenues from exporting natural resources into investments within the state itself due to many internal structural factors. Those revenues from exports are immediately invested in operations within the economy, noting that those surpluses are capital assets that can be reinvested and generate value-added chains that multiply the national income of their countries many times over.

So, in other words what Saleh proposed in establishing the SWF is to invest the surplus revenues and not just piss them away on projects. Instead, if you invest this revenue you can multiply the money many times over and then just draw from the fund to meet deficits when needed. The principle in the fund always exists and is there also in times of dire emergencies. Unlike the CBI reserves that are mandated by the IMF to cover the government expenses in time of emergencies, the SWF is more flexible and gives an additional pad of money for stability and security. This fund will also cut down the reliance  on oil revenue and help them move more quickly out of the rentier economy WOW!

😊 Is the parallel market now under control?

In recent news I showed you articles on the departure of the UNAMI mission from Iraq. They told us it would not fully conclude until the end of 2025. But already just the news of it gave a feeling of relief and renewal that Baghdad will emerge from international guardianship, and this strengthened the confidence in the Iraqi dinar. It’s called “perception”. Get it? Investors invest on perception and research for their speculative investments. In addition to the policies of the Central Bank having an impact too on the dinar, but the dollar will remain within a safe range from the dinar. There will be some difficult changes that that Iraq must go through in the coming months but the groundwork has been laid.  

It was pointed out in the article, and I quote from it – “that Iraq is currently led by a services government and it seeks, according to economic paths, to build paths that contribute to financial stability in the private sector,” noting that “parallel market prices are not worrying, and their variables will remain within a slight range.” To me this sounds like they have the parallel market under control and that is what matters. Yes, we still see fluctuations but what is the average that matters. Is it now stable for the most part? The CBI tells us it is.

Yes, “the writing is on the wall” now as this is the BEST news of this period of my Newsletter as observers and specialists in political affairs expressed their optimism about Iraq’s exit from the list of “high-risk countries” that was officially announced by the International Task Force (FATF) last week. I quote from the article – “noting that the international declaration represents an important step in the correct path that the Sudanese government is taking in achieving reforms. Financial and economic along with political stability.” Iraq’s exit from the list of high-risk countries could not get any better. They are slowly clearing the way to the reinstatement, one obstacle at a time. This is yet another stop on our choo choo train that needed to be released. They were not about to release the currency back to FOREX with this in place. Get it? So this is all WOW! WOW! WOW! news for us today.   

What can we investors do to help the RV situation?

We must now buckle down and pray and pray like never before for the success of Al-Sudani and his agreements with Washington are implemented. You do want the RV don’t you? Pray for Iraq and also the U.S. in that there are strong enough representatives in Congress and the Senate who will stand up and continue to fight to uphold the US Constitution and keep fighting this Washington corruption. Pray that that God’s Hand will intervene and save our great country. Remember you can say the Rosary daily or use the prayers and links I provided from the Auxilium Christianorum for your prayers. Folks your prayers so far ARE WORKING and God has heard your cries. Just look at all the progress made just since December 2022 when Iraq announced they were finally entirely out of Chapter VII. And now the spigot is wide open the final issues preventing the reinstatement are being dealt with one by one. Can you see it too. I am trying my best to help you see it. We don’t’ need this foolishness of this everyday / any day garbage intel. You think this is all just coincidental? God’s Hand is at work here. He has given Iraq his anointed leader Al-Sundani to help in this work. Even I have to sit back in amazement of what he has accomplished so far. Pray for him and all his success. It is June already and this month is proving to be a very significant month again. But my contact in the CBI told me there is a very high probability that we would see the currency swap out in this month of June and so we watch and wait. I will get more news tomorrow when I make my call to Iraq.

 Their words not mine…..No Rumors, No Hype, No Opinions ,,,,,

                                             Just the FACTS!

Prophet Barry Wunsch gives a powerful prophetic vision encounter that will change your negative perspective on what is about to occur to SAVE OUR NATION. This should be a “must” watch for every concerned citizen in the US.

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BRACE YOURSELF FOR WHAT’S COMING IN 2024 

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THE SCAPE GOAT VERDICT IN THE CASE FOR HUNTER BIDEN: Don’t buy it!

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JOE BIDENS WEEK-FROM-HELL!

This is the guy who thinks he can win the 2024 election? Who are they kidding? Watch the democrats switch the candidate as they move into the DNC. I will let the video speak for itself.

Why do the democrats keep protecting this idiot? Can you say “puppet”?

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THE DEMOCRATS ARE GOING TO REPLACE BIDEN: 

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BIDEN’S ‘COMMITMENT TO STUPID IS IMPRESSIVE’

BIDENS TURNROUND ON BOARDER IS NOT NEARLY ENOUGH…DON’T BE FOOLED!

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THE DAMAGE TO AMERICA BY JOE BIDEN

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How to pray the Rosaries

Please try to remember to pray each and every day. The rosaries for me is my way to pray and has had a significant impact on my life. It has meant many miracles for me and my family. It can for you too, and the Blessed Immaculate Mary asks that we pray “faithfully” each day. You can also pick your own personal prayers, as the rosary is just my choice and I just wanted to share it with you.

We all know something has gone terribly wrong with our nation. A supernatural battle is taking place to determine the fate of America. In just twelve minutes a day you help bring forth a divine intervention to save our country using this book. With Lent beginning tomorrow on Ash Wednesday let us not forget to fast, meditate and pray for the salvation of America. There is an organization that is taking on this endeavor through helpful prayer guidance. This is what I plan to do. How about you?

Anyone can join the hundreds of thousands already involved in this rapidly-growing prayer movement. It’s easy to get started:

Pray the Daily Prayers To Save Our Country

Order the official prayer book, read or listen online, or print them out. Just click on the prayer book below.

A National Prayer Movement
for God’s Help

EXPERT: DEALING IN THE DOLLAR REMAINS AND SPECULATION IN PRICES IS TEMPORARY

The economic expert, Bassem Jamil Antoine, considered the issue of price speculation “temporary,” while he believes that dealing in the dollar will remain in Iraq.

Antoine told {Al-Furat News} that: “The dollar will not be cut off from the local markets because the rate of entry of the dollar into Iraq daily is no less than 3 million from the sale of oil.” 

(yes, and still 1/6 of penny for the dinar?)

He added, “Speculation in prices is temporary and short-lived because the government was able to maintain prices through the regularity of the food basket, and there is not much demand for the dollar. The pumping continues, demands are met, and speculation operations have been controlled.” 

Antoine pointed out, “It is possible that there will be a slight increase during the Eid al-Adha period; unless the banks continue to take their share of it and pump it to the markets, we will be able to control it in general.”

Today, Tuesday, selling prices in the banking sector in local markets in Baghdad reached 148,750 Iraqi dinars for 100 dollars, while purchasing prices reached 146,750 dinars for 100 dollars.

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IRAQIS RESORT TO “GOLD BULLION” INSTEAD OF MONEY, AND THE BANKING SYSTEM IS DYING

Today, Wednesday (June 12, 2024), financial affairs expert Mustafa Hantoush revealed the reason why Iraqis are resorting to purchasing gold bullion in abundance during the current period.

Hantoush said in an interview with “Baghdad Today” that “recently, the demand for buying gold bullion has increased significantly by citizens, especially those with large sums of money. They have begun to save that money through these bullion instead of depositing their money in banks.”

He stated that “the reason why citizens resort to buying gold bullion to save their money is as a result of the weakness of the banking system, lack of confidence in this system, and fear for their money due to American sanctions. This is why we see the majority of Iraqis turning towards gold bullion, especially in light of the high prices of the yellow metal and the stability of this price and its lack of fluctuation like the dollar.” .

From mid-December 2022 until now, the Iraqi dinar has continued to fall against the US dollar, until it reached the level of 1,610 dinars against one dollar at a time when the official price of the dollar is 1,300 dinars.

With the decline of the national currency and the rise in poverty and unemployment rates, Iraqi gold markets recorded a large demand from customers to buy the yellow metal amid warnings against buying counterfeit ones.

According to data from the specialized website “Bloomberg” , Iraq bought 33.9 tons of gold in the year 2022, while the Turkish Consul General in Erbil Hakan Karaçay revealed that Iraq imported Turkish gold worth $1.5 billion during the year 2021.

Iraq’s gold reserves witnessed a noticeable increase during the month of February 2024, as International Monetary Fund data showed that Iraq had increased its possession of the precious metal by 3,079 tons, bringing the total to 145,661 tons.

This increase indicates Iraq’s continued strategy to diversify its foreign reserves and enhance financial and monetary stability in the long term.

This step by Iraq comes at a time when the world is witnessing a rise in gold prices, as the price reached its highest level in its history last month above $2,400 per ounce.

Many simultaneous factors are strengthening the record levels of gold, especially in light of the escalation of geopolitical tensions around the world, and in light of the state of “uncertainty” surrounding the global economy, which supports the trend towards the precious metal as a traditional safe haven in the face of market fluctuations and dire scenarios that impose themselves on the market. the scene.

Iraq is among the countries that possess large amounts of gold reserves in the Arab region, as it ranks fourth after the Kingdom of Saudi Arabia, Algeria, and Morocco.

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THE SECURITIES COMMISSION SIGNS AN AGREEMENT WITH THE WORLD BANK

Today, Wednesday, the Iraqi Securities Commission announced the signing of an environmental, social and corporate governance guide agreement with the International Finance Corporation (IFC), affiliated with the World Bank.

The Authority stated, in a statement received by Al-Youm Al-Akhbariya, “We continue our efforts aimed at incorporating good international practices in developing the performance and effectiveness of the Iraq Stock Exchange and other activities related to securities.”

She added, “The goal of the agreement is to enhance and develop the investment environment in Iraq by improving environmental, social, and governance regulations and frameworks to comply with international standards, enhancing the ability to implement and supervise their implementation in Iraq, and contributing to increasing investment attractiveness in the Iraqi stock market environment.”

She continued: “To achieve this goal, there will be coordination with the Iraq Stock Exchange through the supervision of the Iraqi Securities Commission to develop an environmental, social and corporate governance guide to support improving the performance of listed companies, and put Iraq on the path towards a strong and sustainable economy.”

She stated, “The agreement included a mechanism for arriving at a mandatory guide to apply to companies listed on the Iraq Stock Exchange.”
On this occasion, the Chairman of the Authority, Faisal Al-Haims, said, “Preparing a social, environmental, and corporate governance guide through a partnership with the International Finance Corporation improves the Iraqi investment environment by adopting international standards that develop the current investment environment in the Iraqi Stock Exchange.”

He pointed out that “following the environmental, social and corporate governance framework makes companies listed on the Iraqi Stock Exchange more transparent, better performing, and more attractive to foreign investments.”

He stressed that “the topic of environmental, social and corporate governance will be one of the axes of the national strategy for investment awareness and supporting the investment culture that the Authority is working to achieve and will be announced on October 1 of this year.”

For his part, Aftab Ahmed, IFC Regional Director for the Middle East, Pakistan and Afghanistan, said: “We are excited to partner with the Iraqi Securities Commission in this important initiative that aims to help companies and banks mitigate the risks of environmental, social and governance practices, and improve performance over the long term.” Long term in a sustainable manner, in addition to attracting investment and contributing to the sustainable growth of the stock market in Iraq.”

According to the Authority’s statement, “The process of preparing the guide will include workshops and meetings with relevant parties such as listed companies and brokerage firms.”

The Authority affirmed its endeavor, as the regulating and monitoring body for securities activity and related activities and financial services, to increase the contribution of this sector to the gross domestic product and to provide an investment environment that protects the rights of investors and other stakeholders.

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ECONOMISTS CALL FOR ENHANCING NON-OIL REVENUES

Specialists in economic affairs called for the necessity of working to enhance non-oil revenues and reduce dependence on oil in a manner consistent with economic reforms.

The specialist in economic affairs, Dr. Ahmed Al-Rawi, explained to “Al-Sabah” that “oil is affected by variables as it is one of the strategic commodities, regardless of supply and demand, and the factors affecting oil prices can be identified, including political, economic, and factors resulting from conflicts and security disturbances. Because of its international and strategic importance, oil is considered a causal commodity.” For economic activity or even influencing political decisions that may lead to changing the positions of many countries towards rising prices. Regarding public budgets, Al-Rawi believes that “it has become necessary to take practical measures regarding reconsidering public budgets away from rentier expectations and raising all forms of unnecessary public expenditures.”

Activating non-oil revenue systems, such as the system of taxes and public fees, and revitalizing economic sectors so that the budget becomes capable of providing job opportunities for the young workforce and diversifying incomes, as well as developing oil production in proportion to spare capacity. The expert called for achieving stability in the growth of the general budget by adopting a rate that is compatible with the annual growth rate of the gross domestic product and not making the development of the budget linked to oil revenues.

For her part, the Dean of the Faculty of Business Economics at Al-Nahrain University, Dr. Nagham Hussein, explained in a statement to “Al-Sabah” that “not The stability of oil revenues generates complications in financial policy in the short and long term, and they are linked to a number of fundamental issues, including the relative importance of the oil sector in the national economy. Prices fluctuate, so the focus must first be on the long term and attention to the fair distribution of resources and burdens.”

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UNUSUAL”… A GOVERNMENT ADVISOR PROPOSES THE IDEA OF ​​ESTABLISHING A SOVEREIGN WEALTH FUND

The economic and financial advisor to the Prime Minister, Mazhar Muhammad Saleh, proposed an “unusual” idea to establish a sovereign wealth fund.

Saleh said {to Al-Furat News} that: “The SWF sovereign wealth funds, which Kuwait started with the Generations Fund since the 1950s, were followed by surplus countries exporting raw materials in general and oil in particular, on the basis of diversifying the investment of those financial surpluses in financial and real investment opportunities in major economies.” Outside their countries through a fund called the Sovereign Wealth Fund (SWF) whose function is to manage the investment of surpluses in financial and real assets outside their countries, and the reason is due to an issue called “weak absorption capacity.”

He explained, “that is, the weakness of the ability to convert those surplus savings from revenues from exporting natural resources into investments within the state itself due to many internal structural factors (because the surplus saving resources resulting from a surplus in the current accounts of its balance of payments exceed its available capabilities for spending or spending on internal development projects or investment) Those revenues from exports are immediately invested in operations within the economy, noting that those surpluses are capital assets that can be reinvested and generate value-added chains that multiply the national income of their countries many times over.

Saleh added, “Based on the above, sovereign funds have emerged in the world (which today are governed by standard operating rules called the Santiago Principles (which are principles established by the International Monetary Fund to evaluate and govern the work of these funds),” noting that “Iraq (unfortunately) has exhausted Its balance of payments surpluses were consumed by wars and conflicts during the same period, 1980-2003, in which the world’s sovereign wealth funds increased, while during those arduous decades our country turned into a group of “deficit” countries and fell into the trap of foreign debt, specifically since the year 1980 and the escalation of the Iran-Iraq war. “.

He went on to say, “So far, our country is not considered one of the countries of financial surplus, and the reserves of the Central Bank of Iraq supporting the stability of the Iraqi dinar, which currently amount to more than 100 billion dollars, are invested in a very specific portifolio investment portfolio, which is a semi-sovereign wealth fund, and foreign reserves are assets.” Financial instruments are always semi-liquid and do not involve long-term investments, such as shares in factories or real estate, as other sovereign wealth funds do. Rather, reserves are invested in short-term, low-interest financial instruments, such as US Treasury bonds and others with a high credit rating of Aaa, and they tend to be always semi-liquid and low-risk. Through safe investments, but usually with low or fixed returns.

Saleh said, “However, the foreign reserves of central banks are not considered among the sovereign wealth funds (such as the Norwegian, Saudi, Chinese, and other funds currently),” stressing, “We must think from outside the box, as it is said, by establishing a sovereign wealth fund for Iraq.” Although our country is not classified as a group of surplus countries.”

Waad, Iraq is “the ninth country in terms of its natural wealth currently, and it is among the countries in the world that exceed approximately 188 countries, and the natural wealth of the race in the ground is estimated at approximately 16 trillion US dollars,” explaining, “If we exclude oil and gas, it is possible to establish an effectiveness to manage a sovereign wealth fund.” As follows:

A- Establishing an Iraqi government holding company with global partnerships that will help invest these natural resources.
B- The holding company will reinvest the revenues from natural resources (i.e., which are in the possession of the holding company) and direct them to various internal investments, directing their profits towards accumulation. Assets of a *sovereign wealth fund* The holding company undertakes reinvestment activities for the benefit of the internal sovereign wealth fund itself, that is, directing the fund’s returns to reinvest in investment opportunities to diversify the national economy. That is, through (managing an internal sovereign wealth fund for reinvestment, but within the economy itself). An internal sovereign wealth fund).

Saleh concluded by saying, “This is the summary of my idea that I am defending in establishing an Iraqi sovereign wealth fund, but within the national economy, and it is responsible for reinvesting the proceeds of the fund itself in development projects, with two parts, a part that remains for the benefit of the fund itself and a part that goes for the benefit of the national economy within the development program. Also, The method of managing investments through a joint public holding company affiliated with the internal sovereign fund itself is the mechanism used to invest the fund’s resources by diversifying some aspects of the national economy into agriculture, industry, services, and available economic opportunities.”

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AFTER THE RECENT JUMPS…A READING OF THE FUTURE OF DOLLAR PRICES AFTER UNAMI LEAVES IRAQ

Today, Wednesday (June 12, 2024), Professor of Economics at Diyala University, Ali Douai, presented an economic reading about the parallel market for the dollar and the slight increase in the exchange rate during the past 48 hours .

Douai said in an interview with “Baghdad Today”, “The rise in exchange rates in the parallel market during the past 48 hours is not a worry and will remain within a circle of decrease or increase with a ceiling of $2. That is, it will remain within the safe circle according to our expectations and readings of the scene in general.”

He added, “Internal and external variables affect the parallel market in Iraq, and the economic outlook links events to the political track as an influential factor.”

He pointed out that “the departure of the UNAMI mission gave a feeling that Baghdad will emerge from international guardianship, and this strengthens confidence in the Iraqi dinar, in addition to the policies of the Central Bank having an impact, but the dollar will remain within a safe range, away from the difficult changes that it has gone through for months, and by which the poor classes were affected by it.” Its reflection on prices in the markets.

He pointed out that “Iraq is currently led by a services government and it seeks, according to economic paths, to build paths that contribute to financial stability,” noting that “parallel market prices are not worrying and their variables will remain within a slight range.”

After many weeks of the dollar’s decline at levels hovering around 1,450 dinars per dollar, exchange rates rose over the past two days to about 1,465 dinars per dollar, by between 15 and 20 points, while specialists attribute this to the approaching Eid holiday and the possibility of an increase in travel trips, leading to an increase in demand. On the dollar.

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         Their words not mine…..No Rumors, No Hype, No Opinions ,,,,,

                                             Just the FACTS!

Disclaimer: All information in this newsletter is not intended for investment decisions / purposes. Mnt Goat is not a financial analyst, planner, banker, attorney or associated in any role with giving out professional investment advice.

Auf Wiedersehen

Much love to ya all,

Mnt Goat