RVhighlights

Banking Intel: Commercial Lenders (Relationship Managers) are currently receiving electronic messages to sign up for Foreign Currency Training. Commercial and Investment Banks are a fundamental part of the Foreign Exchange Market. Essentially, they are the ones that push trades through on behalf of their customers and high dollar clients. Commercial Lenders (Relationship Managers) are the go-between by which all participants must trade when it comes to Foreign Currency Exchanges. Since they are the principal sellers (Wealth Managers) within the Forex Market, they are the person who gives someone else authority to act on a client's behalf. © Goldilocks https://www.streetdirectory.com/travel_guide/145431/banking/role_of_commercial_banks_in_trading_currencies.html#:~:text=Commercial%20and%20investment%20banks%20are,sellers%20within%20the%20Forex%20market. https://learn.org/articles/Commercial_Lender_Salary_and_Career_FAQs.html#:~:text=What%20Is%20a%20Commercial%20Lender,clients%20through%20various%20loan%20processes. https://study.com/academy/lesson/the-principal-agent-relationship-duties-in-real-estate.html#:~:text=The%20person%20who%20gives%20someone,as%20a%20seller%20or%20buyer.

👆 By the way, Commercial Lenders are having to report for foreign currency exchange training. It is not an option. It is a requirement.

FAMILY: FRIENDLY UPDATE…….. 🇮🇶The Iraqi Cabinet is set to deliberate and APPROVE the budget law for this year in its upcoming session tomorrow TUESDAY. Mazhar Mohammed Saleh, Financial Advisor to the Prime Minister's office. Saleh indicated that the budget would be promptly forwarded to Parliament. However, "the deficit percentage in the budget is yet to be finalized."🤥🙄 The Sudanese adviser explained that "the percentage of deficit in the budget schedules is unknown, and will be determined according to the schedules that will be approved by the Council of Ministers, before sending them to the House of Representatives." According to Law No. 13 of 2023, lists and schedules of the Tripartite General Budget Law should be submitted to the House of Representatives. PM Al-Sudani, Central Bank of Iraq Governor & President Barzani already HAVE the NEW DINAR RATE & are keeping the NEW RATE tight lipped & waiting until last minute (imo).