Iraqi Dinar/US Dollar auction results for today 12-26-2024

Iraqi Dinar/US Dollar auction results for today 12-26-2024

Foreign exchange window results for Thursday 12/26/2024
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Iraqi dinar falls a week before dollar selling platform closes

Iraqi dinar falls a week before dollar selling platform closes

December 26, 2024

For days now, the Iraqi markets have witnessed a noticeable decline in the value of the Iraqi dinar against the US dollar , amidst confirmations by Iraqi financial experts that this rise is due to the imminent closure of the foreign currency selling platform, specifically the dollar, by the Central Bank of Iraq as part of Read more…

Iraq plans to reduce gas flaring to 20% next year

Iraq plans to reduce gas flaring to 20% next year

2024-12-26 03:16

Shafaq News/ Iraq, the second largest oil producer in OPEC, intends to reduce the amount of gas it burns without economic benefit to about 20% during the next year, in an effort to meet the rising demand and reduce imports.

Bloomberg quoted the Undersecretary of the Ministry of Oil for Gas Affairs, Read more…

Al-Sudani’s advisor reassures via Shafaq News about the rise of the dollar: a temporary market bubble

Al-Sudani’s advisor reassures via Shafaq News about the rise of the dollar: a temporary market bubble

2024-12-26 03:10

Shafaq News/ Mazhar Mohammed Saleh, the financial and economic advisor to Prime Minister Mohammed Shia al-Sudani, commented on Thursday on the rise in the exchange rate of the US dollar against the Iraqi dinar in the local market for Read more…

Iran: We have obtained Iraq’s approval to export goods through its territory to Kuwait

Iran: We have obtained Iraq’s approval to export goods through its territory to Kuwait

2024-12-26

Iran confirmed on Wednesday that Iraq has allowed Iranian trucks to cross its territory into Kuwait, which will create a jump in Iranian exports and significantly reduce their transportation costs.

Amin Fartosi, a member of the board of directors of the Joint Chamber of Commerce between Iran and Kuwait, confirmed in a press statement: “Iraq has granted the Iranians permission Read more…

Iraqi Dinar Guru opinions 12-25-2024

Iraqi Dinar Guru opinions 12-25-2024

12-25-2024 Intel Guru Frank26 Question: “Is there a limit that they will let you exchange?” Frank26: That’s a good question. It’s possible that they’ll let you only exchange so much per day or they’ll tell you you can exchange it all but you can only take out so much per day. You’ll find all those rules and regulations once it happens with whatever bank you’ll be working with. Read more…

Government Advisor: Iraq Seeks to Establish Sovereign Wealth Fund

Government Advisor: Iraq Seeks to Establish Sovereign Wealth Fund

2024/12/25

The financial advisor to the Prime Minister, Mazhar Muhammad Salih, confirmed that Iraq is seeking to establish a sovereign wealth fund.
Saleh told Al Furat News Agency: “Iraq seeks to establish a sovereign wealth fund, especially after Read more…

How much is Iraq’s internal and external debt? An economic expert explains

How much is Iraq’s internal and external debt? An economic expert explains

2024-12-25 | 08:38

Economic expert Nabil Jabbar Al-Tamimi separated the total debt Iraqi Internal and external.
Al-Tamimi said in a statement to: Sumerian News, “The total debt reached Iraqi External and internal debts amount to approximately Read more…

Parliamentary Security: Iraq is fully committed to the international coalition withdrawal schedule

Parliamentary Security: Iraq is fully committed to the international coalition withdrawal schedule

12-25-2024

Information / Special..
Member of the Parliamentary Security and Defense Committee, Ali Al-Bandawi, confirmed today, Wednesday, that Iraq is fully committed to the timetable set for the withdrawal of international coalition forces from the country, noting that the withdrawal decision was agreed upon in advance and there is no room for Read more…

Expert diagnoses two reasons behind the rise of the dollar against the dinar in Iraq

Expert diagnoses two reasons behind the rise of the dollar against the dinar in Iraq

2024-12-25 03:14

Shafaq News/ The economic and financial expert, Abdul Rahman Al-Mashhadani, attributed, on Wednesday, the reasons for the rise of the dollar against the Iraqi dinar to the rumor of the holidays and New Year’s Day.

Al-Mashhadani said in an interview with Shafaq News Agency, “The promotion of stopping the platform is a major reason for Read more…

Iraq is the fifth largest Arab economy in terms of GDP

Iraq is the fifth largest Arab economy in terms of GDP

2024-12-25 02:00

Shafaq News/ Iraq ranked fifth in the Arab world and 46th globally out of 196 countries listed in the table among the largest economies in the world in terms of gross domestic product for the year 2024.

The American magazine cewworld reported in a report Read more…

Coordination Framework “Rejects” Extension of US Presence, Hints at Return of Factions’ Operations

Coordination Framework “Rejects” Extension of US Presence, Hints at Return of Factions’ Operations

2024-12-25 05:30

Shafaq News/ A member of the Coordination Framework, which brings together Shiite political forces, denied on Wednesday the government’s intention to extend the presence of US forces in Iraq, due to regional developments in the region, while hinting at the return of factions’ operations if the withdrawal schedule is not Read more…

Al-Sudani: Iraq was able to confront the challenges that occurred in the region

Al-Sudani: Iraq was able to confront the challenges that occurred in the region

2024-12-25 02:15

Shafaq News/ Prime Minister Mohammed Shia al-Sudani said on Wednesday that Iraq was able to overcome the recent challenges witnessed by the region, which almost swept the entire world.

This came in a speech he delivered during his congratulations on the occasion of Christmas, in a joint call, via closed-circuit television, with Read more…

Iraqi government issues new decisions

Iraqi government issues new decisions

2024-12-25

Prime Minister Mohammed Shia Al-Sudani chaired the fifty-second regular session of the Council of Ministers Tuesday, during which the general conditions in the country were discussed, and a number of service, economic and social files were examined, in addition to discussing the topics Read more…

Iraqi Dinar Guru opinions 12-24-2024

Iraqi Dinar Guru opinions 12-24-2024

12-24-2024 Intel Guru Frank26 IMO the lower denominations, the lower notes that will be passed out are now in the [Iraqi] banks, are now in the position ready to be handed over to the citizens… Read more…

Iraqi Dinar/US Dollar auction results for today 12-24-2024

Iraqi Dinar/US Dollar auction results for today 12-24-2024

Foreign exchange window results for Tuesday 12/24/2024
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Amani: US leaks about Iraq’s request to extend the stay of its forces are absolutely out of the question

Amani: US leaks about Iraq’s request to extend the stay of its forces are absolutely out of the question

12-24-2024

Information / Special..
Security expert Haitham Al-Khazaali confirmed on Tuesday that what was leaked by some American media outlets regarding Iraq’s intention to submit an official request to extend the presence of American forces inside it under the pretext of the changing situation in Syria is absolutely unacceptable.

Al-Khazaali said in a statement Read more…

Parliamentary Finance: The budget will be passed with integrity and fairness

Parliamentary Finance: The budget will be passed with integrity and fairness

12-24-2024

Information / Special..
Member of the Parliamentary Finance Committee, Hussein Al-Saabari, confirmed today, Tuesday, that the proposed tables in the draft budget law are under study, and it is expected that they will be passed finally.

Al-Saabari stressed in a statement Read more…

South Korea announces signing of $93.7 million contract with Iraq to purchase aircraft

South Korea announces signing of $93.7 million contract with Iraq to purchase aircraft

12-24-2024

Information
South Korea’s Yonhap News Agency reported on Tuesday that Korea Aerospace Industries has signed a $93.7 million deal with Iraq to export Suriyon KHUH-1 helicopters.

The report, translated by Al-Maalouma Agency, stated that “under the deal, Korea Read more…

Pentagon admits presence of more than 2,500 US troops in Iraq

Pentagon admits presence of more than 2,500 US troops in Iraq

2024-12-24

Shafaq News/ The Pentagon admitted that there may be more than 2,500 troops in Iraq, which is the basic number the military used for its military presence in the country, but the Pentagon did not provide any details about Read more…