#dinar strength

[jordanianroyals]

27 November 2023: King Abdullah II reaffirmed that Jordan is a strong and stable nation that grows stronger in times of crisis.

During a meeting attended by Crown Prince Hussein, King Abdullah urged representatives of the private sector to contribute in providing ideas and solutions to support economic sectors that were affected by the current conditions, especially tourism.

His Majesty said Jordan has experience in dealing with crises and is able to continue building its economy during difficult conditions, noting that the Kingdom has the support of Arab and friendly countries because it is a strong nation. (Source: Petra)

The King stressed the need to maintain progress in jumpstarting the national economy, calling for finding an economic hedging mechanism to safeguard against the current conditions in the region.

Jordan's economic strength is a strength for all Jordanians and their brothers and sisters in Palestine, said His Majesty, adding that a strong Jordan is able to continue to support the Palestinians.

The King reaffirmed that Jordan continues all its efforts to reach a lasting ceasefire in Gaza, and to facilitate the delivery of humanitarian aid to the Strip and the West Bank to alleviate the impact of the humanitarian catastrophe there.

His Majesty stressed the importance of strengthening the partnership and coordination between the public and the private sectors to face economic challenges, as well as maintain growth of national investments, and attract more foreign investments.

The King affirmed the importance of moving forward with economic and administrative modernisation, despite the challenges.

Additionally, His Majesty reaffirmed the importance of the Aqaba-Amman Water Desalination and Conveyance Project and its positive impact on water security, calling on the private sector to play a part in its implementation.

The King listened to suggestions by attendees representing the private sector, who commended the Central Bank of Jordan’s (CBJ) policy in maintaining financial and fiscal stability.

They said Jordan’s economic sectors are strong and able to grow, calling for finding means to safeguard them, especially tourism, against the impact of regional challenges, and to turn challenges into opportunities, as well as facilitate licensing processes for projects and financing methods for sectors affected by crises.

Attendees stressed the importance of maintaining coordination with the government to take pre-emptive measures for affected sectors, through short, medium, and long-term plans.

For his part, Prime Minister Bisher Khasawneh said the overall performance of the national economy is reassuring with the completion of over 80 per cent of the goals of the economic modernisation plan, within the timeframe for this year.

He added that the government finished the sixth review with the International Monetary Fund, noting that the draft state budget law that will be sent to Parliament will include the highest capital investment volume.

The prime minister said the government is studying supporting sectors affected by the current conditions, especially tourism.

CBJ Governor Adel Al Sharkas highlighted the stability of Jordan’s monetary and fiscal outlook, adding that the economy is able to withstand challenges, and that the strength of the dinar protects the national economy.

Sharkas said the trade balance deficit is forecast to narrow, adding that Jordanian exports and remittances are expected to increase in the upcoming period.

He added that Jordan’s commitment to fiscal and monetary reforms has contributed to the stability of the national economy; therefore, Jordan registered the lowest inflation rates worldwide.

A number of ministers and officials attended the meeting.

[kuwaitgoldupdates]

Unlocking the Gold Rush: A Comprehensive Guide to Gold Prices in Kuwait

Gold has always been a symbol of wealth, prosperity, and stability throughout human history. For centuries, it has been treasured by societies worldwide, from ancient civilizations to modern-day economies. In Kuwait, gold continues to hold a significant place in the cultural and financial landscape. The country’s strategic location in the Gulf region, along with its rich history of trading and commerce, has made gold a valuable commodity for both locals and international investors.

In this article, we will explore the factors influencing gold prices in Kuwait, the significance of gold in Kuwaiti culture, and the various ways to invest in this precious metal. Whether you are looking to buy gold jewelry, make an investment, or simply learn more about gold in Kuwait, this comprehensive guide will provide all the information you need.

The Importance of Gold in Kuwaiti Culture

Gold has always been a staple in Kuwaiti culture, particularly in the form of jewelry. It is deeply ingrained in traditional Kuwaiti customs, often passed down through generations as a symbol of wealth and heritage. For many Kuwaiti families, gold jewelry is not only a valuable asset but also a cherished family heirloom. The gold market in Kuwait thrives on this long-standing cultural tradition, with an abundance of jewelry stores and gold merchants catering to both locals and tourists.

In addition to its cultural significance, gold also plays an important role in the country’s economy. Kuwait’s oil wealth has provided the nation with the resources to invest in precious metals, and gold has become a key element in the country's diversified investment portfolio. The Kuwaiti dinar, one of the world’s strongest currencies, has helped maintain the stability of gold prices in the country.

Factors Influencing Gold Prices in Kuwait

The price of gold is influenced by a wide range of factors, including global economic conditions, geopolitical events, and supply and demand dynamics. While gold prices in Kuwait are largely affected by global trends, there are several local factors that can impact the cost of gold within the country.

1. Global Gold Prices

The primary driver of gold prices in Kuwait is the global gold market. Gold is traded on international exchanges, and its price is determined by global supply and demand dynamics. The price of gold is typically quoted in US dollars per ounce, and fluctuations in the value of the US dollar can have a direct impact on gold prices. When the value of the dollar falls, gold prices tend to rise, and vice versa.

Kuwait, as a major oil-producing nation, is particularly sensitive to fluctuations in the global economy. Changes in global economic conditions, such as inflation rates, interest rates, and economic growth, can affect the demand for gold as a safe-haven asset. During times of economic uncertainty or financial crises, investors often flock to gold as a way to protect their wealth, driving up prices.

2. Kuwaiti Dinar and Currency Exchange Rates

Kuwait’s currency, the Kuwaiti dinar (KWD), is one of the strongest currencies in the world. This strength has a direct impact on gold prices in Kuwait, as gold is typically priced in US dollars. When the value of the Kuwaiti dinar increases relative to the US dollar, the price of gold in Kuwait may appear lower, even if global prices remain stable. Conversely, if the dinar weakens against the dollar, gold prices may rise in Kuwaiti dinar terms.

3. Demand for Gold Jewelry

Gold jewelry is a significant part of the Kuwaiti market, especially during wedding seasons and special occasions. The demand for gold jewelry in Kuwait is highly seasonal, with spikes in sales during religious holidays such as Eid and special events like weddings. During these times, demand for gold often outpaces supply, leading to a temporary increase in gold prices.

The demand for gold is also influenced by cultural factors. For example, gold jewelry is often given as a gift during important life events, such as births, weddings, and anniversaries. The importance of gold in Kuwaiti society has contributed to a strong and consistent demand for the metal.

4. Supply and Import Costs

Kuwait does not have significant gold mining operations, meaning that all of the gold used in the country must be imported. The cost of importing gold can influence its price in Kuwait, especially if there are changes in global supply chains or import tariffs. In recent years, the gold market has experienced supply shortages due to disruptions in global trade, which can lead to higher gold prices in Kuwait.

5. Government Policies and Taxes

The Kuwaiti government’s policies on gold trading, import duties, and taxes can also impact gold prices in the country. While Kuwait does not have a Value Added Tax (VAT) on gold, any changes in regulations or import duties could affect the cost of gold. For instance, changes in tax policies could increase the cost of gold jewelry, making it more expensive for consumers.

How to Buy Gold in Kuwait

If you’re interested in buying gold in Kuwait, there are several options available to you. The most common way to purchase gold is through gold jewelry stores, which are abundant throughout the country. These stores offer a wide range of gold pieces, from traditional designs to modern styles, allowing you to choose the perfect item for your needs. Many stores also offer customization services, where you can design your own jewelry.

Another popular way to buy gold in Kuwait is through gold souks, or markets, which offer a more traditional shopping experience. The gold souks in Kuwait are filled with shops that sell various types of gold, including 22k and 24k gold, which are the most popular in the region. Shopping at a gold souk allows you to compare prices from different merchants and potentially find better deals.

For those interested in investing in gold rather than buying jewelry, gold bars and coins are available for purchase. Many banks and financial institutions in Kuwait offer gold investment products, such as gold certificates and gold-backed savings accounts. These products allow you to invest in gold without the need to physically store the metal.

Gold as an Investment in Kuwait

Gold is considered a safe-haven asset, making it an attractive investment option for individuals and institutions looking to protect their wealth. In Kuwait, gold is seen as a reliable store of value, especially during times of economic uncertainty or geopolitical instability.

1. Gold Bars and Coins

For those interested in long-term investment, purchasing gold bars and coins is a popular option. Gold bars are typically available in various sizes, from small 1-gram bars to large 1-kilogram bars, allowing investors to choose the size that fits their investment strategy. Gold coins, such as the American Gold Eagle or the Canadian Gold Maple Leaf, are also widely available in Kuwait and are a popular choice for collectors and investors alike.

2. Gold Exchange-Traded Funds (ETFs)

Gold ETFs are another way to invest in gold without physically purchasing the metal. These funds track the price of gold and are traded on stock exchanges, allowing investors to buy and sell shares in the fund. Gold ETFs are an attractive option for those who want exposure to gold prices but do not want to deal with the logistics of buying and storing physical gold.

3. Gold-Backed Savings Accounts

Some banks in Kuwait offer gold-backed savings accounts, which allow investors to save money in gold rather than in traditional currency. These accounts provide a convenient way to invest in gold while earning interest on your savings. The value of your gold savings will fluctuate based on the market price of gold, offering the potential for growth.

Conclusion

Gold remains a vital part of Kuwaiti culture and economy, serving as both a symbol of wealth and a valuable investment asset. The price of gold in Kuwait is influenced by a variety of factors, including global market trends, the strength of the Kuwaiti dinar, and local demand for gold jewelry. Whether you are looking to purchase gold jewelry, invest in gold bars, or explore other investment options, Kuwait offers a wide range of opportunities to engage with this precious metal.

As the global economy continues to evolve, gold will likely remain a key player in both personal wealth management and institutional investment portfolios. For those in Kuwait, understanding the dynamics of the gold market and staying informed about price trends is essential for making wise purchasing and investment decisions.

[dinaritexch]

Deletion of Zeros – Iraqi Dinar revaluation – Is it good for the Iraqi Dinar?

Currency redenomination through zero deletion has transformed economies worldwide. For example, Turkey successfully reformed its lira, and Brazil stabilized its currency. Currently, Iraq stands at a crucial crossroads. It is considering a similar path for its dinar through the deletion of zeros—a move that could reshape its economic landscape. 

The Iraqi dinar, which once traded at 3 dinars to 1 US dollar in the 1980s, has seen significant devaluation over decades. As a result, the Central Bank of Iraq is evaluating a comprehensive currency reform initiative that would remove three zeros from the dinar’s denomination. This potential Iraqi Dinar Revaluation raises important questions about economic stability, market confidence, and Iraq’s financial future.

This article examines the implications of zero deletion for the Iraqi Dinar. It explores historical precedents, economic impacts, implementation challenges, and future prospects for Iraq’s currency reform initiative.

Understanding Iraq’s Currency Reform Initiative

Initially established in 1932, the Iraqi dinar replaced the Indian rupee as the country’s official currency. Its early history showed remarkable stability, with a strong exchange rate of 1 dinar to 3.22 US dollars until the late 1980s.

Historical context of the Iraqi dinar

The dinar’s journey witnessed significant shifts during various political periods. Before 1990, the currency demonstrated notable strength in international markets. Furthermore, the pre-1990 notes, known as “Swiss dinars,” maintained their value even as new “Saddam dinars” were introduced. The currency’s stability, nonetheless, faced severe challenges during the Gulf War period, when Iraq could no longer access high-quality note printing services.

The current state of Iraq’s monetary system

The present monetary landscape in Iraq faces several critical challenges:

Excessive dependence on oil revenues, accounting for 99% of exports and 85% of government budget

Limited banking sector development due to technological gaps

Persistent inflation concerns affecting purchasing power

Meanwhile, the Central Bank of Iraq maintains strict control over the dinar’s value, which doesn’t freely float on global forex markets. The current system operates through a regulated dollar auction mechanism, with transactions reaching approximately $200 million per day.

Why currency reform is being considered

The Iraqi Dinar Revaluation stems from multiple economic factors. Consequently, the Central Bank of Iraq aims to address the negative impacts of high-denomination banknotes with lower value. The reform initiative particularly focuses on the following:

Controlling currency value through systematic management

Reducing inflationary pressures

Restoring public trust in the Iraqi dinar

The recent currency developments are showing some positive signs, domestic inflation is down to 4% by the end of 2023 and the central bank has implemented many measures to improve its liquidity management framework, including raising the policy rate from 4% to 7.5% in June 2023.

Banking sector modernization is still a priority, especially with its historical challenges dating back to the 1980-1988 Iraq-Iran war. These reforms are to address the structural imbalances that made Iraq vulnerable to external economic shocks.

Global Precedents in Currency Redenomination

Approximately seventy countries have undertaken currency redenomination between 1960 and 2005, each with varying degrees of success. Among these attempts, several cases are particularly instructive for nations considering similar reforms.

Success stories from Turkey and Brazil

Turkey’s redenomination in 2005 is a success story. They removed 6 zeros from their currency and 1 million old lira became 1 new lira. Before the reform, Turkey faced significant challenges – a bottle of water cost 300,000 lira, while a cinema ticket required 7,500,000 lira. However, inflation rates decreased significantly after implementation, reaching 10% by 2011.

Brazil, although facing initial challenges, eventually succeeded through a comprehensive approach. In 1994, with inflation reaching 2,075.8%, Brazil introduced the Real currency alongside several strategic measures:

Increased interest rates and reduced government spending

Attracted foreign capital

Established appropriate dollar exchange rates

Failed attempts and lessons learned

Zimbabwe represents a cautionary tale in redenomination attempts. In 2008 alone, it redenominated twice—first 10 billion to one and then one trillion to one. Inflation reached 231 million percent, and the country abandoned its national currency.

Russia’s 1998 attempt similarly failed because of poor timing and unstable economic conditions. The removal of three zeros from the ruble denominations proved ineffective against structural economic problems.

Key factors determining success

Research indicates that successful redenomination correlates strongly with specific economic conditions:

Countries implementing redenomination during low inflation (<10%) experienced better outcomes

High economic growth before redenomination typically led to improved post-reform performance

Proper timing and stable economic conditions proved crucial for success

Moreover, the implementation strategy plays a vital role. Turkey’s success, for instance, involved a carefully planned two-stage process spanning multiple years. The first stage introduced the word “yeni” (new) on currency notes, followed by its removal in 2009, demonstrating the importance of systematic execution.

Economic Impact of Zero Deletion

The Central Bank of Iraq’s proposed zero deletion initiative presents both opportunities and challenges for the nation’s economic landscape. Recent studies indicate that this currency reform could substantially impact various sectors of the Iraqi economy.

Effects on inflation and purchasing power

The deletion of zeros from the Iraqi dinar presents a complex economic scenario. Studies suggest that removing zeros will not directly affect inflation rates or the purchasing power of the Iraqi dinar. Indeed, the total volume of currency would remain unchanged, merely shifting from 105 trillion dinars to 105 billion dinars.

The reform’s primary benefits include:

Psychological impact on citizens

Simplified accounting processes

Enhanced symbolic value of the currency

Impact on banking and financial systems

The banking sector faces substantial transformation under this initiative. Indeed, the current system shows significant structural weaknesses, with state-owned banks controlling over 85% of banking assets. The reform aims to address several key challenges:

Modernization of payment systems

Improvement in banking operations

Enhanced monetary control mechanisms

Rather than immediate economic gains, the reform focuses on long-term structural improvements. The Central Bank anticipates this Iraqi Dinar Revaluation will help restore trust in the currency as a reserve currency.

International trade implications

The initiative’s impact on international trade presents a mixed outlook. Overall, Iraq’s position as an import-dependent nation makes this reform particularly significant for trade relations. Recent data shows that non-oil bilateral trade with the United States reached USD 805.80 million in 2021.

The reform could affect trade in several ways:

Simplified international transactions

Enhanced currency credibility

Improved financial tracking systems

Straightaway, businesses might face adaptation challenges, as companies currently struggle with large figures in economic transactions. Generally, the reform aims to facilitate accounting processes and international trade operations, though success depends heavily on implementation effectiveness.

The Central Bank’s vision includes strengthening the banking sector through various measures. Soon, these changes could lead to improved financial infrastructure, with recent initiatives already showing promise – such as the One Trillion Initiative supporting small and medium enterprises.

Implementation Challenges and Solutions

The Central Bank of Iraq faces substantial technical and logistical hurdles in implementing its zero deletion initiative. The transformation requires careful planning and systematic execution to ensure a smooth transition.

Technical requirements for the currency transition

The banking sector’s modernization is a primary challenge, with state-owned banks dominating approximately 85% of banking assets. Accordingly, the Central Bank has outlined essential technical requirements:

Implementation of electronic payment systems

Establishment of correspondent banking relationships

Integration of Kurdish and Arabic languages on new notes

Development of automated settlement operations

Enhancement of electronic card systems

Public education and awareness needs

Besides technical considerations, public education emerges as a crucial component. The Central Bank acknowledges that successful implementation depends heavily on comprehensive awareness campaigns. The transition period requires extensive public communication about:

Timeline for currency exchange

Recognition of new denominations

Impact on daily transactions

Banking system modernization benefits

Risk mitigation strategies

The Central Bank has markedly strengthened its approach to risk management through several key initiatives. A new electronic platform now regulates wire transfers, replacing the traditional system (N2-O2) with an advanced N2-O2-CO framework.

The implementation strategy addresses three primary concerns:

Financial corruption risks

Technical adaptation challenges

Market stability maintenance

Subsequently, the Central Bank has implemented strict controls on dollar transfers. Hence, these measures aim to prevent fraudulent transactions and enhance system integrity. The reforms have already shown promising results, with the platform successfully managing international transfers.

Nevertheless, challenges persist in public trust and banking adoption. The current situation reveals that only a small percentage of citizens maintain bank accounts. Therefore, the Central Bank focuses on building confidence through:

Enhanced governance measures

Strict anti-money laundering protocols

Improved banking sector supervision

The implementation timeline spans multiple phases, allowing for gradual adaptation and system testing. This measured approach helps minimize disruption to daily economic activities while ensuring proper technical infrastructure deployment.

Future Outlook for the Iraqi Dinar

Recent economic data reveals complex dynamics shaping Iraq’s monetary future. The International Monetary Fund reports that domestic stability has notably improved since late 2022, with non-oil economic recovery showing promising signs.

Short-term economic effects

At present, Iraq’s economic landscape demonstrates mixed signals. The domestic inflation rate declined to 4% by end-2023, reflecting positive short-term developments:

Currency revaluation effects from February 2023

Normalization in trade finance

Lower international food prices

Improved domestic conditions

The ongoing fiscal expansion is expected to boost growth in 2024, yet this comes with potential risks to fiscal and external accounts.

Long-term stability prospects

The long-term outlook for the Iraqi dinar essentially depends on several structural factors. The banking sector faces significant modernization challenges, with state-owned banks dominating the financial landscape. The Central Bank’s efforts primarily focus on:

Tightening monetary policy

Enhancing liquidity management

Restructuring state-owned banks

Modernizing private banking operations

Projected exchange rates indicate potential volatility:YearExpected Rate (IQD)20251,310.6820261,320.7720311,481.03

International confidence factors

Global market perception remains a crucial determinant of the dinar’s future. The IMF highlights that risks are tilted to the downside, given regional conflicts and substantial dependence on volatile oil prices.

The dinar’s stability faces several challenges:

Limited trade diversity, with 99% of Iraq’s oil and products sold in dollars

Unsuccessful attempts to diversify currency use, despite efforts to trade in yuan

Significant gap between official and market exchange rates

Looking ahead, Iraq’s oil export revenues have surpassed USD 1.00 trillion over two decades, yet the country’s total gross domestic product will reach only USD 253.00 billion by 2023. This disparity underscores the persistent structural challenges in the economy.

Banking sector modernization is key for long-term stability. The Central Bank has launched many initiatives, including a renewable energy program of 1 trillion dinar (770 million USD). The results are good: non-oil GDP grew 4.4% to 87.7 trillion dinars in 2023.

The future trajectory of the Iraqi dinar will largely depend on the success of ongoing reforms and the government’s ability to address key challenges. The Central Bank’s commitment to maintaining price stability while promoting sustainable development suggests a measured approach to currency management. 

FAQs

1. What does the deletion of zeros mean for the Iraqi Dinar?

Deletion of zeros means a plan by the Central Bank of Iraq to remove 3 zeros from the Iraqi Dinar currency. This is called redenomination not revaluation. It’s to simplify the transactions and potentially stabilize the economy but it doesn’t mean the increase of the dinar rate to the dollar.

2. Will the deletion of zeros revalue the Iraqi Dinar?

There are many Iraqi Dinar revaluation rumors saying that deleting the zeros will increase its value against the US dollar. However, experts say redenomination is different from revaluation. While it will simplify the currency, the impact of buying Iraqi Dinar or its rate is unclear and depends on Iraq’s stability.

3. Is investing in the Iraqi Dinar after the deletion of zeros?

Investing in the Iraqi Dinar is a speculative decision and carries high risk. Deletion of zeros will make the currency more manageable locally but it doesn’t guarantee the international value will increase. As with any investment, do your research and be cautious not to fall into any Iraqi Dinar scam.

4. How will the deletion of zeros affect those who buy Iraqi dinars?

For those who want to buy Iraqi dinars, the deletion of zeros means changes in the currency denomination and appearance. But it doesn’t mean the currency’s value will change or the rate will improve. Buyers should also be aware of the misleading claims related to Iraqi Dinar revaluation.

5. Are there risks in buying Iraqi dinars due to revaluation?

Yes, there are. Many people have fallen victim to Iraqi Dinar scams that promise unrealistic returns based on rumors of revaluation. Be skeptical of such claims and seek financial advice when buying Iraqi dinars.

Conclusion

Zero deletion represents a significant yet complex step for Iraq’s economic future. Historical precedents demonstrate both opportunities and risks, with success stories like Turkey offering valuable lessons while cautionary tales like Zimbabwe highlight potential pitfalls.

The Iraqi dinar’s stability depends largely on careful implementation and strategic timing. Economic indicators suggest mixed signals – declining inflation rates and improving non-oil GDP growth point toward potential success, though structural challenges persist. Banking sector modernization and public trust remain crucial factors for this initiative’s effectiveness.

Success requires a balanced approach combining technical preparedness, public awareness, and risk management. The Central Bank of Iraq’s commitment to maintaining price stability while promoting sustainable development suggests a measured approach to currency management. Though challenges exist regarding international confidence and oil dependence, strategic reforms and careful implementation could lead Iraq toward greater economic stability.

The path forward demands patience and systematic execution. Recent positive developments, including improved domestic conditions and declining inflation rates, provide hope for successful currency reform. Yet ultimate success relies on continued commitment to structural improvements, banking sector modernization, and maintaining public confidence through transparent implementation.

Source:- Dinarit

[wendys-menu-insights]

Gold Prices in Kuwait: Latest Updates and Trends

Gold is one of the most sought-after commodities in the world, and Kuwait, known for its vibrant economy and strategic location in the Gulf, holds a significant place in the global gold market. The gold market in Kuwait is dynamic, reflecting the ebb and flow of international prices, local demand, and economic conditions. This blog aims to delve into the intricate world of gold prices in Kuwait, shedding light on factors influencing the market, historical trends, and its significance in the Kuwaiti economy.

Kuwait's love affair with gold spans centuries, deeply rooted in its culture and traditions. Gold plays a pivotal role in Kuwaiti society, symbolizing wealth, prosperity, and social status. From weddings to religious ceremonies, gold is a cherished element, often given as gifts and used as a hedge against inflation and currency devaluation. This cultural affinity for gold fuels a robust domestic demand, making Kuwait a key player in the Middle East's gold market.

The price of gold in Kuwait is influenced by a multitude of factors. On the global stage, the primary determinants include geopolitical tensions, interest rates, inflation, and the strength of the US dollar. When geopolitical uncertainties rise, investors flock to gold as a safe-haven asset, driving up its price. Similarly, when inflation rates increase or when the US dollar weakens, gold prices tend to rise as it is seen as a store of value.

Locally, Kuwait's gold prices are affected by economic policies, import duties, and local market dynamics. The Kuwaiti Dinar (KWD), being one of the strongest currencies globally, also plays a crucial role. Any fluctuations in the exchange rate between the KWD and USD can impact gold prices, given that gold is globally traded in USD. Additionally, seasonal demand, particularly during festive periods and wedding seasons, can lead to temporary price spikes.

Kuwait's gold market operates through a network of specialized gold souks, retail outlets, and online platforms. The gold souks are bustling marketplaces where buyers can explore a variety of gold jewelry, coins, and bars. These souks are not just commercial hubs but also cultural landmarks, attracting tourists and locals alike. Retailers and jewelers in Kuwait often offer intricate designs that blend traditional and modern aesthetics, catering to a diverse clientele.

Online platforms have also revolutionized the gold market in Kuwait. These platforms provide real-time updates on gold prices, allowing consumers to make informed purchasing decisions. Moreover, many retailers now offer online purchasing options, enhancing convenience and accessibility for buyers. This digital transformation has expanded the reach of the gold market, making it easier for people to invest in gold from the comfort of their homes.

Investing in gold is a popular choice for Kuwaitis, driven by its potential to provide long-term financial security. Gold is perceived as a stable investment, capable of preserving wealth over time. In Kuwait, individuals can invest in gold in various forms, including jewelry, coins, bars, and even gold-backed financial instruments like ETFs. Each form of investment has its advantages and caters to different investment goals and risk appetites.

Gold jewelry remains a favorite due to its dual role as an adornment and a financial asset. Coins and bars, on the other hand, are preferred by those looking for pure investment opportunities. Gold ETFs and other financial instruments offer a modern investment approach, allowing investors to gain exposure to gold without physically owning it. These instruments provide liquidity and ease of trading, making them suitable for those who prioritize flexibility.

The Kuwaiti government also recognizes the strategic importance of gold. The Central Bank of Kuwait maintains gold reserves as part of its foreign exchange reserves. These reserves play a crucial role in bolstering the country's financial stability and providing a cushion against economic shocks. Moreover, gold reserves are seen as a means of diversifying the central bank's asset portfolio, reducing reliance on a single type of asset.

Kuwait's gold industry is not just about trade and investment; it also contributes significantly to the country's economy. The industry provides employment opportunities, supports allied sectors like jewelry design and manufacturing, and drives tourism. Tourists often flock to Kuwait's gold souks, drawn by the promise of high-quality gold products and competitive prices. This influx of tourists boosts local businesses and enhances the country's economic prospects.

In recent years, the global gold market has faced several challenges, including price volatility, regulatory changes, and shifting consumer preferences. The COVID-19 pandemic, for instance, disrupted supply chains and impacted demand patterns. However, gold proved resilient, with its prices soaring during the early stages of the pandemic as investors sought safe-haven assets. Kuwait's gold market, too, demonstrated adaptability, leveraging online sales channels and maintaining consumer confidence.

Looking ahead, the future of Kuwait's gold market appears promising. With a stable economy, a strong currency, and a deep-rooted cultural affinity for gold, the country is well-positioned to navigate the complexities of the global gold market. Moreover, ongoing efforts to modernize the gold industry, enhance regulatory frameworks, and promote sustainable practices will further strengthen Kuwait's position as a key player in the global gold market.

In conclusion, gold remains an integral part of Kuwait's economic and cultural fabric. Its significance extends beyond mere ornamentation, serving as a vital investment tool and a symbol of enduring value. As the global economy evolves, Kuwait's gold market will continue to adapt, driven by a blend of tradition, innovation, and economic foresight. For those looking to invest in or understand the dynamics of the gold market, Kuwait offers a fascinating case study of resilience and opportunity.

[nsfwmiamiart]

Read this: Part 1 (04/10/2024) When I’m bored at home, I ask ChatGPT the following types of questions:

Question:

"Is the Kuwaiti dinar 🇰🇼 and the Swiss franc 🇨🇭 considered strong currencies?"

ChatGPT Answer:

Yes, both the Kuwaiti dinar (KWD) and the Swiss franc (CHF) are known for being strong currencies.

Kuwaiti Dinar (KWD): It is considered the strongest currency in the world in terms of exchange rate value relative to other currencies. This is largely due to Kuwait’s substantial oil reserves and the country’s stable economy. The KWD's value is often pegged to a basket of currencies, which helps it maintain a high exchange rate.

Swiss Franc (CHF): The Swiss franc is one of the most stable and reliable currencies, often considered a "safe haven" currency. Switzerland's strong financial sector, political neutrality, and stable economy contribute to the franc's strength. It is frequently used as a reserve currency and tends to perform well during periods of global uncertainty.

Both currencies are backed by economically stable and resource-rich countries, which enhances their reliability on the global stage.

[linadina00]

5 Facts Until You Reach Your Dinar

Here are five key facts about the Dinar Guru, which will provide insight into this currency and its context:

1. Historical Background

The Dinar is one of the oldest currencies in the world, with origins tracing back to the Roman denarius. Various countries in the Middle East and North Africa have used or are using different versions of the Dinar, each with its own unique history and evolution.

2. Countries Using the Dinar

Several countries currently use the Dinar as their official currency, including Iraq (Iraqi Dinar), Kuwait (Kuwaiti Dinar), Jordan (Jordanian Dinar), Tunisia (Tunisian Dinar), Algeria (Algerian Dinar), and Bahrain (Bahraini Dinar). Each of these currencies operates independently and has its own exchange rate and economic conditions.

3. Kuwaiti Dinar's Strength

The Kuwaiti Dinar (KWD) is known for being one of the highest-valued currencies in the world. This is largely due to Kuwait's significant oil reserves and the government's prudent fiscal management. The strong value of the KWD makes it a stable and sought-after currency in the global market.

4. Economic Influence

The value of Dinar-based currencies is often influenced by the economic conditions and political stability of the issuing country. For instance, the Iraqi Dinar's value has fluctuated significantly due to years of conflict and economic sanctions, whereas the Jordanian Dinar has maintained relative stability due to sound economic policies and external financial support.

5. Investment Potential

Investing in Dinar currencies can be speculative and risky, especially in politically unstable regions. However, some investors are attracted to the potential for significant gains if the economic conditions improve. It is essential for investors to thoroughly research and understand the economic and political landscape of the country before investing in its currency.

Understanding these facts can provide a foundation for further exploration of the Dinar and its role in the global economy.

For More Read Our Blog on: https://linadina00.blogspot.com/2024/06/apply-these-5-secret-techniques-to.html

[twnenglish]

Top Highest Valued Currencies in the World

Top-Ranked Currencies: Highest Values Globally

1. Kuwaiti Dinar (KWD)

Crown prince of Kuwait -

Mishal Al-Ahmad Al-Jaber Al-Sabah

Kuwait 2023 GDP:

Kuwait’s GDP reached $175.36 billion in U.S. dollars in 2023

The Kuwaiti dinar's strength is a result of Kuwait's significant oil wealth, strategic positioning, and effective economic management, making it the strongest currency in the world.

Currency Introduction of Kuwaiti:

The Kuwaiti dinar was introduced in the 1960s as the official currency of Kuwait.

Initially, it was pegged to the British pound, reflecting historical ties with the United Kingdom.

Currency Strength of Kuwaiti:

The Kuwaiti dinar (KWD) holds the title of the strongest currency globally, with 1 Kuwaiti dinar equivalent to 3.25 U.S. dollars.

Oil Wealth of Kuwaiti:

Kuwait, situated between Saudi Arabia and Iraq, is a major player in the global oil industry.

The country earns substantial wealth from its status as a leading exporter of oil, contributing significantly to its economic strength.

To Read This Full ARTICLE, Click Here

[drmaqazi]

THE BENEFITS & VIRTUES OF RECITING THE THIRD KALIMAH

Third Kalimah describes the glory of ALLAH (Subhanahu wa ta’ala). When a believer is reciting third Kalimah, he/she testifies the greatness of Allah (Subhanahu wa ta’ala), all praised unto Him, and no other being worthy of worship except Him. 

Third Kalmiah, also referred as Tamjeed is such a beautiful supplication that fills the heart of a believer with peace and contentment. 

It is a testified way of remembrance of ALLAH (Subhanahu wa ta’ala). The third Kalmiah in Arabic is shared below:

سُبْحَان اللهِ وَالْحَمْدُلِلّهِ وَلا إِلهَ إِلّااللّهُ وَاللّهُ أكْبَرُ وَلا حَوْلَ وَلاَ قُوَّةَ إِلَّا بِاللّهِ الْعَلِيِّ الْعَظِيْم

“Glory be to Allah and all praise be to Allah, there is none worthy of worship except Allah, and Allah is the Greatest. There is no might or power except from Allah, the Exalted, the Great One.“

It is a magnificent word of glory attributed and belonging to Allah Almighty alone. It was narrated in Sunan An-Nasa’i 924 that Ibn Abi Awfa said: “A man came to the Prophet (ﷺ) and said: I cannot learn anything of the Holy Qur’an; teach me something that I can say instead of reciting the Holy Qur’an.’ 

He said: ‘Say: SubhaanAllah, wal-hamdulillah, wa la illaha ill-Allah, wa Allahu Akbar, wa laa hawla wa laa quwwata illaa Billaahil-‘Aliyy al-‘Azim (Glory be to Allah, praise be to Allah, there is none worthy of worship except Allah, Allah is Most Great, and there is no power and no strength except with Allah the Exalted and Magnificent ).’”

There is a Hadith that says 3rd Kalimah is such a great medicine that it cures every disease and the most minor disease it cures is Sorrow.  The virtues received by reciting third Kalimah before going to sleep are tantamount to performing a Hajj. 

As it is narrated that on one glorious night, Prophet Muhammad (SallAllahu ‘alaihi wa Sallam) summoned his successor, Hazrat Ali (RadiyAllahu ‘anhu), and asked him: “Yaa Ali! Do these five things before going to bed at night.”

Give 4000 Dinars in Sadaqah and then sleep,

Read one complete Holy Qur’an and then sleep,

Pay the price for Jannah (heaven) and then sleep,

Make two people happy with each other, when they are upset and then sleep

Do one Hajj and then sleep.

Hazrat Ali (RadiyAllahu ‘anhu) replied, “Yaa Rasulallah! This looks impossible. How will I be able to do it?” Upon which, Prophet (SallAllahu ‘alaihi wa Sallam) explained that when you recite Surah Fatihah four times, it will be equivalent to giving 4,000 Dinars as Sadaqah, when you recite Surah Ikhlas three times, you complete one Holy Qur’an, when you read Durood Shareef three times, it will be similar to the price of Jannah. When you say Astagfirullaah 10 times, you make two unhappy people content with each other. And, your recitations come to an end with four times third Kalimah, which is equal to one Hajj.

The third Kalimah is one of the perfect ways to exalt Allah (Subhanahu wa ta’ala) and remember Him. Remembrance of ALLAH (Subhanahu wa ta’ala) is one of the fundamental and mandatory act to be performed by all the Muslims.  

In Surah al-Baqarah, Ayat 152-153, ALLAH Almighty said:  “So remember Me; I will remember you. And be grateful to Me and do not deny Me. O you who have believed, seek help through patience and prayer. Indeed, Allah (Subhanahu wa ta’ala) is with the patient.” 

Therefore, in order to receive the blessings of ALLAH (Subhanahu wa ta’ala) through His remembrance, we should make third Kalimah a part of daily Adhkaar.

[novelemporiumauction]

Bringing Indian Sultanate Coins' Magnificence to Light with Glittering Treasures

INTRODUCTION

India is a country that has seen many kingdoms come and go, and its ancient lands are home to a vast collection of historical artifacts. The Sultanate coins are one of these enduring artifacts, tangible reminders of a time when the Indian subcontinent was ruled by a number of strong Islamic rulers. These coins are priceless windows into the past, providing information on the political, social, and cultural aspects of medieval India.

The Sultanate coins, which were created with extreme care and accuracy, contain tales of strength, conquest, and cultural fusion. They serve as a reminder of the several dynasties, like the Delhi Sultanate, Bengal Sultanate coins, Bahmani Sultanate coins, Delhi sultanate coins, and many others, that ruled over various parts of India. Each dynasty left its own distinctive imprint on the coins, which included elaborate calligraphy, religious motifs, and ruler images that demonstrated the era's changing aesthetic sensibilities and managerial prowess.

Sultan Ghalyah Ud dins Tughluq's gold coin from the Delhi Sultanate.

During Sultan Ghalyah Ud din Tughluq's rule, which lasted from 1320 to 1325 CE, the political climate in medieval India underwent a considerable change. His steadfast and aspirational administration was characterized by wide-ranging territorial extensions, institutional changes, and a passion for architectural wonders. As a result of these efforts, the gold coin of Sultan Ghalyah Ud din Tughluq became a symbol of his dynastic grandeur and richness, serving as a testament to his power and fortune.

Sultan Ghalyah Ud din Tughluq's gold coin is evidence of the aesthetic and technological accomplishments made at the time. On one side, a complex design with a grand portrait of the sultan himself is striking with astonishing detail. A turban and ornate jeweler embellish the regal countenance, which radiates a sense of authority and sophistication. There are Arabic calligraphic inscriptions all around the portrait that state the ruler's name, titles, and occasionally even his family history, dispelling any lingering questions about his legitimacy and ancestry.

Muhammad bin Tughluq's heavy gold dinar coin from the Delhi Sultanate.

The Delhi Sultanate was forever changed by Muhammad bin Tughluq, who ruled from 1325 to 1351. His ambitious decision to move the imperial capital from Delhi to Daulat Abad, which turned out to be a logistical nightmare, was one of several novel measures he launched in his pursuit of centralization and administrative improvements. The gold dinar coins connected to his rule are evidence of his ambitions and the financial means used to support them.

Muhammad bin Tughluq's gold-heavy dinar coin is well known for being heavier than other dinar coins made during his time period. These coins, which were about 12 grams in weight, were different from the region's customary gold coins. Muhammad bin Tughluq probably wanted to demonstrate his might and raise the perceived worth of his currency, signifying his monetary might and sovereignty, by choosing to mint heftier gold dinars.

Baz Bahadur's silver tanka coin from the Malwa Sultanate.

The Malwa Sultanate, which ruled over modern-day Madhya Pradesh from the 14th to the 16th century, was a well-known Islamic monarchy. The Malwa sultans left a lasting impression on the history of the area, which was renowned for its rich cultural heritage and encouragement of the arts. When Baz Bahadur came to power in 1555, the Malwa Sultanate's currency reflected his own creative sensibility as a poet and lover of music and literature.

The Malwa Sultanate Silver Tanka Coin of Baz Bahadur still has the attention of enthusiasts, historians, and collectors alike today. It serves as a representation of the Malwa Sultanate's aesthetic excellence, rich cultural legacy, and historical importance. We ask you to join us on this expedition as we delve into the minute intricacies and reveal the mysterious stories that lie behind this magnificent currency, commemorating the Malwa Sultanate's lasting appeal and its legacy as symbolized by Baz Bahadur's Silver Tanka currency.

Conclusion:

Finally, it can be said that the Sultanate coins of India have a prominent place in the rich numismatic history of the nation. The political, economic, and cultural advancements of the Middle Ages are well-understood via the study of these coins, which were struck under the numerous kingdoms that ruled over diverse regions at the time.

[antiquecoins]

Bringing Indian Sultanate Coins' Magnificence to Light with Glittering Treasures

INTRODUCTION

India is a country that has seen many kingdoms come and go, and its ancient lands are home to a vast collection of historical artifacts. The Sultanate coins are one of these enduring artifacts, tangible reminders of a time when the Indian subcontinent was ruled by a number of strong Islamic rulers. These coins are priceless windows into the past, providing information on the political, social, and cultural aspects of medieval India.

The Sultanate coins, which were created with extreme care and accuracy, contain tales of strength, conquest, and cultural fusion. They serve as a reminder of the several dynasties, like the Delhi Sultanate, Bengal Sultanate coins, Bahmani Sultanate coins, Delhi sultanate coins, and many others, that ruled over various parts of India. Each dynasty left its own distinctive imprint on the coins, which included elaborate calligraphy, religious motifs, and ruler images that demonstrated the era's changing aesthetic sensibilities and managerial prowess.

Sultan Ghalyah Ud dins Tughluq's gold coin from the Delhi Sultanate.

During Sultan Ghalyah Ud din Tughluq's rule, which lasted from 1320 to 1325 CE, the political climate in medieval India underwent a considerable change. His steadfast and aspirational administration was characterized by wide-ranging territorial extensions, institutional changes, and a passion for architectural wonders. As a result of these efforts, the gold coin of Sultan Ghalyah Ud din Tughluq became a symbol of his dynastic grandeur and richness, serving as a testament to his power and fortune.

Sultan Ghalyah Ud din Tughluq's gold coin is evidence of the aesthetic and technological accomplishments made at the time. On one side, a complex design with a grand portrait of the sultan himself is striking with astonishing detail. A turban and ornate jeweler embellish the regal countenance, which radiates a sense of authority and sophistication. There are Arabic calligraphic inscriptions all around the portrait that state the ruler's name, titles, and occasionally even his family history, dispelling any lingering questions about his legitimacy and ancestry.

Muhammad bin Tughluq's heavy gold dinar coin from the Delhi Sultanate.

The Delhi Sultanate was forever changed by Muhammad bin Tughluq, who ruled from 1325 to 1351. His ambitious decision to move the imperial capital from Delhi to Daulat Abad, which turned out to be a logistical nightmare, was one of several novel measures he launched in his pursuit of centralization and administrative improvements. The gold dinar coins connected to his rule are evidence of his ambitions and the financial means used to support them.

Muhammad bin Tughluq's gold-heavy dinar coin is well known for being heavier than other dinar coins made during his time period. These coins, which were about 12 grams in weight, were different from the region's customary gold coins. Muhammad bin Tughluq probably wanted to demonstrate his might and raise the perceived worth of his currency, signifying his monetary might and sovereignty, by choosing to mint heftier gold dinars.

Baz Bahadur's silver tanka coin from the Malwa Sultanate.

The Malwa Sultanate, which ruled over modern-day Madhya Pradesh from the 14th to the 16th century, was a well-known Islamic monarchy. The Malwa sultans left a lasting impression on the history of the area, which was renowned for its rich cultural heritage and encouragement of the arts. When Baz Bahadur came to power in 1555, the Malwa Sultanate's currency reflected his own creative sensibility as a poet and lover of music and literature.

The Malwa Sultanate Silver Tanka Coin of Baz Bahadur still has the attention of enthusiasts, historians, and collectors alike today. It serves as a representation of the Malwa Sultanate's aesthetic excellence, rich cultural legacy, and historical importance. We ask you to join us on this expedition as we delve into the minute intricacies and reveal the mysterious stories that lie behind this magnificent currency, commemorating the Malwa Sultanate's lasting appeal and its legacy as symbolized by Baz Bahadur's Silver Tanka currency.

Conclusion:

Finally, it can be said that the Sultanate coins of India have a prominent place in the rich numismatic history of the nation. The political, economic, and cultural advancements of the Middle Ages are well-understood via the study of these coins, which were struck under the numerous kingdoms that ruled over diverse regions at the time.

[goldrateupdates]

Gold Price and Currency Exchange Rates: Unraveling the Connection in Bahrain

The gold market is influenced by various factors, including global economic conditions, geopolitical events, and currency exchange rates. In this blog, we will explore the intricate relationship between gold price and currency exchange rates, with a specific focus on Bahrain and its dynamic gold market.

Gold Price in Bahrain: Bahrain boasts a vibrant gold market, attracting local and international investors. The gold price in Bahrain is subject to several factors, such as global supply and demand dynamics, economic indicators, investor sentiment, and geopolitical developments. Moreover, local factors, including cultural preferences and government regulations, also contribute to shaping the gold price in Bahrain.

Currency Exchange Rates: Currency exchange rates play a significant role in determining the gold price in Bahrain. Since gold is globally traded in US dollars, fluctuations in currency exchange rates can impact its price. When the Bahraini Dinar (BHD) strengthens against the US dollar, the gold price in Bahrain may decrease, assuming other factors remain constant. Conversely, if the BHD weakens against the US dollar, the gold price in Bahrain may rise.

Factors Influencing Gold Price and Currency Exchange Rates:

Macroeconomic Factors: Economic indicators such as interest rates, inflation rates, and GDP growth influence both currency exchange rates and gold prices. Changes in these factors can affect the monetary policies of central banks, which, in turn, impact currency values and the gold price in Bahrain.

Geopolitical Events: Geopolitical events, such as trade tensions, political uncertainties, and conflicts, have a profound impact on currency exchange rates and gold prices. Increased uncertainty and risk aversion among investors during such events often drive the demand for safe-haven assets like gold, leading to a rise in its price.

Monetary Policies: Decisions made by central banks regarding interest rates and quantitative easing programs can influence currency exchange rates. These policy decisions can alter the relative attractiveness of a currency, thereby affecting the gold price in Bahrain.

Understanding the Connection: Understanding the relationship between gold price and currency exchange rates is essential for investors in Bahrain's active gold market. Here are a few key points to consider:

Currency Depreciation and Gold Price: When a currency weakens, it takes more units of that currency to buy an ounce of gold. This typically leads to an increase in the gold price in that particular currency.

Safe-Haven Demand: During periods of currency volatility and economic uncertainty, investors often seek refuge in gold as a safe-haven asset. This heightened demand for gold can drive up its price, even if the local currency is depreciating.

Inverse Relationship: Generally, there is an inverse relationship between currency strength and the gold price. As a currency strengthens, the gold price tends to decrease, and vice versa.

Conclusion: The connection between gold price and currency exchange rates is complex and influenced by a range of factors. In Bahrain's dynamic gold market, understanding the interplay between currency exchange rates and gold prices is crucial for investors. Monitoring global economic indicators, geopolitical events, and central bank policies can provide insights into potential currency movements and their impact on the gold price in Kuwait and Bahrain. By staying informed and considering the dynamics between currency exchange rates and gold prices, investors can make more informed decisions when navigating Bahrain's gold market.

[stabbed-monster]

I was on the shower and got another one

La primera tassa de café cau al despertar-se,

La segón per a treballar,

La tercera per a concentrar-se,

La quarta per a relaxar,

La quinta per donar-me forçes

La sexta per augmentar pulsacions

Quantes tasses més acabaran trencant-me el cor?

La sèptima es per a després de dinar

Translated loses all the rhyme and most of the rhythm but at least kinda holds some meaning

The first coffee cup goes when i wake up,

The second one is to work,

The third one is to focus,

The fourth one is to relax,

The fifth one is to give me strength,

The sixth one is to get my pulsations higher,

How many more cups will end breaking my heart?

The seventh one is for lunch

Just saw your post about poetry and depression and while i am not a poet sometimes i write things and thought i could share. I wrote in Valencian but i'll translate them.

Cw, alcoholism, suicide

-De veritat que intente plorar pero l'alcohol es mescla massa be en l'aigua i eixe no ix pels ulls

-I trully try to cry but alcohol mixes too well with water and it doesn't go out by the eyes

-Pot ser que gaste tant les sabates,fins al punt de deixar la marca del peu en la sola llisa, per saber que, almenys, puc canviar algunes coses

-It can be that i use so much my shoes, until i leave my footprint on the smoothed sole, to know that, at least, i can change something

-Ja han passat 5 anys des de que vaig planejar el meu suïcidi.

Mare de deu, sí que deixe les coses per a després.

Encara que s'està molt a gust ací, ja si tal, la setmana que ve

-5 years have passed since i planned my suicide.

My god, i truly leave things for tomorrow.

But now i'm feeling so comfy here, so maybe i leave it for next week

-Es crear o morir i tinc tantes coses que fer que no son crear

- It is to create or to die and i have to do so many things that are not create

Oh yo!! I love this! I don't know valencian so the parsing of the sounds in the original language the way they're intended is a little lost on me, but the rhythm in the translated lines hits something! --> the way the phrase is translated 'alcohol mixes too well with water and it doesn't go out by the eyes' hella slaps. I really like the imagery used to express the emotions here as well --> 'i leave my footprint on the smoothed sole, to know that, at least, i can change something' paints a very clear picture and really helps communicate that exact kind of tired emotion of what feels like fruitless effort.

Thanks for sharing, I hope you continue writing more in the future :)

[zimbabwe-currency]

5 pcs of $20 Trillion UNC 2008 Zimbabwe Banknotes For Sale For Only $210 at Egan Store!

For numismatic enthusiasts who would love to add some 2008 Zimbabwe banknotes to their collections but balk at the high price hyperinflation Zim notes have traditionally commanded, Egan Store has great news: now you can own $100 trillion 2008 Zim in the form of five uncirculated, mint-condition $20 trillion dollar banknotes for just $210, a per-note cost of just $42, a huge savings when compared with the $50-$70 price tag these notes traditionally sell for.

Egan Store is in the midst of a huge Christmas in July-type sales event. Buyers who visit Egan Store on Etsy are finding savings on most products available in the shop. And it’s not just the obscure items on-sale. In fact, some of Egan’s core product offerings like Iraqi dinar, and uncirculated Zimbabwe $10 trillion dollar banknotes as well as CIR and UNC $20 trillion dollar Zim banknotes, both of which are on-sale now.

Dinar buyers are saving as much as $75 dollars on a single purchase of a half-million Iraqi dinar in the form of twenty 25,000 IQD uncirculated banknotesz

Egan Store is a collectibles shop specializing in banknotes from exotic world currencies to go with various other numismatic rarities and other fine collectibles. The shop is owned and operated by Peter and Mellenia Egan of Louisiana, USA. The store has been open since July of 2020, and has a better than 99% customer satisfaction rate.

[hadimaleki]

calcium feldspar yield Evaluation and application in different industries

In this article, we want to analyze the calcium feldspar yield evaluation and also define the application of feldspars in different industries.

In this study, physical and physicochemical tests were performed to improve the quality of feldspar ore collected from the Sidiayti massif located in the Gapsa region of southwestern Tunisia. After determining the mineralogical and chemical composition, the flotation method was used. In this study, the flotation method without hydrofluoric acid for the separation of feldspar and quartz was compared with the existing HF/amine method. As a result, it was found that the existing HF/amine method is the most efficient and selective method.

Experimental studies have shown that these stones produce concentrate suitable for industrial use. Feldspar efficiency was used to evaluate the efficiency of the process. In addition, cone shrinkage, water absorption, solidification degree, mechanical properties (flexural strength) and dielectric behavior were used to monitor the quality of recycled feldspar.

Introduction

Demand for feldspar, a raw material for the ceramic and glass industries, continues to grow. There are no traditional ore sources in Tunisia for flash feldspar, pegmatite and nepheline. This means that a significant part of this raw material was imported (26 million dinars in 2016). This has created the need to explore other types of sediments, such as arcotic sandstone. In southern and central Tunisia, there are extensive deposits of Arcotic sandstone (Sidi Aïch Formation). This formation contains two major industrial minerals: potassium feldspar (microcrystal) and quartz.

Many articles have been published on the use of collectors for feldspar flotation. Feldspar has traditionally been separated from quartz using an amine-type cation collector and hydrofluoric acid as a feldspar activator.

Clear to translucent, colorless to white opal is similar in appearance to moonstone, but lacks the luster of maturity. The refractive index and specific gravity are much lower than those of similar moonstone properties. Even in cross-polaroid polarizing positions, opal remains dark.

The discoloration of labradorite is very obvious and should not be confused with the lower non-opal gemstones. Naturally, agate has a much lower refractive index. and SG. As I said before.

Amazonite can be mistaken for jade, but has a distinct reticulated surface appearance and R.I. and SG. It is enough to separate these two substances. Chrysoprase is not the same as amazonite. There is no reticulation and the cracks are not shiny amazonite cracks, but oyster-like cracks with a waxy sheen. A liquid with a specific gravity of 2.57 helps separate materials such as amazonite.

Aventurine quartz may look like amazonite, but it is exactly R.I. You can tell by measuring.

Moonstone looks a lot like glass or plastic, but this material is distinctive because it has no or one crack. Goldstone is a glass made of copper crystals. This stone is somewhat similar to sunstone, but contains recognizable bubbles and copper octahedrons.

[gwgaccountant]

Max and is right. It's the changes in currency that matter. Strong and weak currencies are about how a currency changes. A weak dollar means a dollar that is lower in value than "normal" compared to other currencies. The dollar can be weak compared to the yen even though the JPY is worth considerably less; it can be strong compared to the dinar even though the KWD is worth ~$3.

As far as I know (I've only had a month of international finance, and my prof is kinda terrible), stability doesn't impact currency strength, beyond its impact on price.

I think it's a bit like inflation (which multiple classes have touched on, most taught by competent professors). In theory, inflation shouldn't materially affect anyone's life; just increase prices and wages to match inflation. In practice, there's no central bureau of inflation managing this shit; it's all the result of a bunch of people adjusting prices to react to expenses.

While companies generally try to account for inflation, they don't always predict it correctly. And to some extent, they have to predict it rather than just reacting, because prices are often set by contract or otherwise difficult to change. (Which isn't getting into things companies just don't want to change, e.g. wages, because neither did my classes.)

So when China devalues the yuan, it takes time for international trade to adjust. Until then, Chinese importers are overpaying for their imports and Chinese exporters are being underpaid—both of which are bad for the Chinese businesses, but good for the foreigners, which encourages them to trade with China, which I guess benefits China enough that they keep doing it.

I might be off-base here; again, this isn't something I've studied much, and my studying hasn't been under ideal circumstances. But this is probably in the right ballpark. Hopefully it makes sense to people who haven't taken any accounting classes...

I don't understand why currency prices matter. I understand why *changes* in currency prices matter, because then you can speculate on them or whatever. But why does a weak currency stimulate exports or whatever. Why does it matter?

[akhaziz]

Do u want kids? If so, how many?

Alḥamdulillāh, I wouldn’t put a number on that. Allāh ﷻ has written the number of my children as He has written for me a defined number of breaths.

Ibn Qudamah reported: Malik ibn Dinar, may Allah have mercy on him, was asked about the reason for his repentance and he said: I was an officer and I was given to drinking wine. When half the night had passed in the month of Sha’ban, which was Friday night, I became drunk from wine and I failed to perform the last evening prayer. I saw in a dream as if the Resurrection had begun, the trumpet was blown, the graves were overturned, and the creatures were gathered, and I was among them. I heard a sound behind me and I turned around to behold a great dragon, nothing more dark and blue, its mouth open and rushing towards me. I passed in front of it, fleeing in panic and terror, then an old man passed by my way. He had pure, clean clothes and a wonderful fragrance. I greeted him with peace and he returned it. I said, “Old man! Protect me from this dragon! I adjure you by Allah!” The old man wept and he said to me, “I am weak and this dragon is stronger than me. I have no power over it, but you must keep running, for perhaps Allah will grant you what can save you from it.” Then, I continued to flee in the other direction and I ascended the cliffs of the Resurrection until I came upon the plains of fire. I looked upon its horrors and I nearly passed away from the terror of the dragon. A voice called out, “Get back, for you are not one of its people!” I was put at rest by this voice and I turned back. The dragon turned back to pursue me and the old man came to me again. I said, “Old man! I asked you to protect me from this dragon and you were unable.” The old man wept and he said, “I am weak but retreat to this mountain, for within it are the lodgings of the Muslims. If it is for you, within it is a lodging and you will be helped.” I looked to the mountain and it was covered in silver, within which were open niches, curtains hanging upon every alley, and skylights fitted with red gold, separated by rubies, the constellation of each skylight was draped with pure silk. When I looked upon the mountain, I turned fleeing towards it and the dragon chased me from behind, until he came close to me and the voice of some angels cried out, “Pull aside the drapes, open the windows, and go inside! Perhaps for this danger among you is a lodging to protect one from his enemy!” Behold, the curtains were lifted, the windows were opened, and children emerged from these niches with faces like moons. The dragon drew closer to me and I was disheartened by my affair. Some of the children called out, “Woe to you! Enter, all of you, for one’s enemy is approaching him!” They entered, group after group, and I beheld my daughter who had died. She entered along with them. When she saw me, she wept and she said, “My father, by Allah!” She darted to me upon a cradle of light until she appeared before me. She reached with her left hand towards my right hand and held onto it, then she stretched forth her right hand towards the dragon and he turned to flee. Then, she gave me a seat and sat upon my lap. She struck my beard with her right hand and she said, “O father, is it not time for those with faith that their hearts be humbled by the remembrance of Allah?” (57:16). I wept and I said, “O my daughter, all of you know the Quran too?” She said, “O father, we know it better than you!” I said, “Tell me about the dragon that wanted to destroy me.” She said, “That was the strength of your evil deeds, so it wanted to consume you in the fire of Hell.” I said, “Tell me about the old man who passed by me.” She said, “O father, that was your righteous deeds, which had been weakened until they could no longer overpower your evil deeds.” I said, “O my daughter, what do you do in this mountain?” She said, “We are the children of the Muslims. We have settled therein until the Hour is established, waiting for it to come to pass such that we intercede for you.” I took this frightening experience to heart and I awoke sober, I broke my vessels, and I repented to Allah Almighty. That is the reason for my repentance. Source: al-Tawābīn li-Ibn Qudāmah 1/124