Iraqi Dinar Guru opinions 7-27-2023
7-27-2023 Newshound Guru Clare Article: “Alaq: the rise in the exchange rate “my time” and the project to delete zeros still exists” Quote: “The governor of the Central Bank, Ali Al-Alaq…the rise in the exchange rate of the dollar in the market was temporary, and while he indicated that there was no indication or indication from the American side to include new banks within the sanctions, he confirmed that the project to delete zeros from the currency still exists.” Read more…
Iraqi Dinar/US Dollar auction results for today 7-27-2023
The results of the foreign currency sale window, Thursday 7/27/2023
Announcement No. (4932 ) Read more…
Economist: Iraq is able to overcome the dollar crisis through these measures
7-27-2023
Information / Baghdad…
Economic affairs researcher Muhammad Al-Saadi explained, on Thursday, that there is a possibility to bypass the issue of the dollar’s high exchange rate in the local markets by diversifying trade sources and opening new windows for trade Read more…
Without siding with the region… Political efforts to legislate the oil and gas law
7-27-2023
Information / Bagdad …
Today, Thursday, a member of the Al-Fateh Alliance, Ali Al-Zubaidi, confirmed the existence of political movements and endeavors to legislate the oil and gas law and ensure fair distribution of oil revenues and wealth without siding with the region Read more…
Parliamentary finance sets the date for the entry into force of the budget provisions
7-27-2023
Information / Baghdad..
The Parliamentary Finance Committee confirmed, on Thursday, that the federal budget law for the next three years will enter into force during the next few days, pointing out that sub-committees have been formed to monitor exchange Read more…
The dollar exhausts the dinar.. the suffering of citizens continues, and an economist proposes a “crazy solution”
2023-07-27 | 05:48
The repercussions of the high exchange rates of the dollar in the Iraqi markets against the dinar and its effects on the Iraqi economy continue to exhaust economists and the political class and increase the suffering of citizens.
Despite the many measures taken by the current government, through theCentral Bank of Iraq, all that he has worked on will not be able to confront Read more…
Almost complete suspension of applications of the dollar exchange in Iraq
7-27-2023
Information / Baghdad..
On Thursday, the electronic “stock exchange” applications witnessed a halt in displaying updates of the exchange rate of the dollar in the parallel market.
Experts point out that the mobile applications that promote local exchange rates Read more…
Baghdad and Erbil sign an agreement on full compliance with the provisions of the General Budget Law
27/07/2023
A government source reported, today, Thursday, that Baghdad and Erbil signed an agreement regarding full compliance with the implementation of the provisions of the General Budget Law, while pointing out that the agreement includes the regional government taking over the delivery of oil to the Federal Ministry of Oil.
The source added to NRT Arabia, “The two federal governments Read more…
Does the Central Bank of Iraq control transfers with the availability of hard currency?
7-27-2023
BAGHDAD – The Governor of the Central Bank of Iraq, Ali Al-Alaq, indicated that there is no currency problem in Iraq, and that Iraq’s reserves of foreign currency amount to more than 113 billion dollars, in response to the protest of dozens of Iraqis in front of the bank’s headquarters against the continuing rise Read more…
Iraqi Dinar Guru opinions 7-26-2023
7-26-2023 Intel Guru Frank26 Article: “Economic warning of Iraq’s return to Chapter VII” A RETURN TO CHAPTER VII IS THE CONSEQUENCE OF NOT HAVING A NEW EXCHANGE RATE! Read more…
Iraqi Dinar/US Dollar auction results for today 7-26-2023
The results of the foreign currency sale window, Wednesday, 7/26/2023
Announcement No. (4931 ) Read more…
Al-Sudani confirms that the government is proceeding with its measures to bypass the US federal conspiracy
7-26-2023
Information / Baghdad..
The leader of the State of Law Coalition, MP Muhammad Saadoun al-Sudani, confirmed on Wednesday that the government would proceed with its economic measures in order to overcome the issue of the high exchange rate of the US dollar Read more…
When will the budget money be spent?
7-26-2023
Mazen Sheikh
After the wounded Iraqi people waited for more than 17 months, white smoke finally emanated from the chimney of our long-standing Iraqi parliament, and the members of Parliament announced, through cheers and takbeers, the news of the approval of the budget. In the world, the annual budgets have been delayed or Read more…
From three axes.. Parliamentary movement to amend the investment law
7-26-2023
Information / Diyala..
Member of the Investment Committee, Muhammad Al-Ziyadi, revealed, on Wednesday, strenuous efforts to amend the investment law in three directions.
Al-Ziyadi said in an interview with Al-Maalouma, that “the investment environment in Iraq needs to be reviewed in order to attract more capital, whether from inside or Read more…
An Iraqi government bank decides to refuse the US dollar to collect insurance
2023-07-26 23:47
Shafaq News/ The government “Al-Rafidain” Bank announced, on Wednesday, that all cash insurances have been collected in the Iraqi dinar currency exclusively for internal credits, bank guarantees and letters of guarantee issued to the benefit of Read more…
The dollar passes 155,000 amid protests in front of the Central Bank of Iraq
2023-07-26 01:21
Shafaq News/ The exchange rates of the US dollar against the Iraqi dinar rose today, Wednesday, in the markets of Baghdad, and in Erbil, the capital of Kurdistan Region, to reach more than 155,000 dinars.
Shafaq News agency reporter said that the central Al-Kifah and Al-Harithiya stock exchanges in Baghdad recorded, at 11 am, an exchange rate Read more…
Iraqi banks sanctioned by America call on the federal government to remove the damage
2023-07-26 02:55
Shafaq News/ Today, Wednesday, the 14 Iraqi banks that were sanctioned by the US Federal Bank called for an end to the damage caused to them as a result of those sanctions.
And the punished group of banks stated in a statement today, “It was announced on Thursday, July 20, 2023, that our banks would stop dealing Read more…
“Finance” criticizes a decision that caused the dollar to rise, and does not rule out imposing sanctions on the Iraqi Central Bank
2023-07-26 06:31
Shafaq News/ The Parliamentary Finance Committee criticized, on Wednesday, the recent decision of the Central Bank of Iraq to allow exchange companies to sell dollars to citizens wishing to travel, while it did not rule out that this would lead to new US sanctions on the country.
The deputy head of the committee, Ahmed Mazhar, told Shafaq News agency, “The Central Bank took a wrong decision when it allowed Read more…
Iraqi Dinar Guru opinions 7-25-2023
7-25-2023 Newshound/Intel Guru Mnt Goat On Thursday, the Central Bank of Iraq issued instructions to all licensed banks and non-bank financial institutions not to deal in dollars with 14 of the Iraqi banks. I can see that if these illegal dollar cash transactions continue the CBI will close down these banks. It’s coming and this will help tremendously in bringing down and keeping down the value of the dollar against the dinar. This may be the last step in the banking sector that needs to be addressed. The diversification of banking practices to make profits with products outside of currency exchange spreads, will come naturally once the free market economy kicks in. The 3 year budget is now open and the money is being dispersed to the districts for projects. Read more…
Iraqi Dinar/US Dollar auction results for today 7-25-2023
The results of the foreign currency sale window, Tuesday, 7/25/2023
Announcement No. (4930 ) Read more…
