Iraqi Dinar/US Dollar auction results for Sunday 7-11-2021 executed yesterday 7-8-2021

Iraqi Dinar/US Dollar auction results for Sunday 7-11-2021 executed yesterday 7-8-2021

The results of the foreign currency sale window for Sunday 7/11/2021 and implemented yesterday 7-8-2021

Announcement No. (4447) Read more…

Parliamentary Energy: Iraq will witness a clear improvement in electrical energy

Parliamentary Energy: Iraq will witness a clear improvement in electrical energy

2021-07-09 | 08:48

Today, Friday, the Parliamentary Oil and Energy Committee announced several recommendations that will be submitted to the Council of Ministers regarding the improvement of the electricity situation, stressing that Iraq will witness a clear improvement in energy.

Committee Chairman Haibat al-Halbousi said in an interview carried by the Iraqi News Agency: “The House of Representatives, during its hosting Read more…

An Iraqi parliamentary committee recommends a customs electronic link for imported goods in dollars

An Iraqi parliamentary committee recommends a customs electronic link for imported goods in dollars

Jul 09, 2021 02:35 PM

Iraq – Mubasher: The Finance Committee in the Iraqi Parliament recommended linking an electronic customs tax for imported goods with the Central Bank of Iraq.

Haitham al-Jubouri, head of the Finance Committee, said, “The committee does not have data on the volume of imports carried out by the Ministry of Trade or the Ministry of Planning, but the Central Bank is responsible Read more…

Iraqi Dinar Guru opinions 7-8-2021

Iraqi Dinar Guru opinions 7-8-2021

7-8-2021 Intel Guru Frank26 Iraq will either go 1 to 1 internally or they will un-peg from the American dollar and they will float their currency on par with the American dollar…They aren’t gonna stop at 1 to 1. They don’t want to be a worthless American dollar’s worth. Saudi Arabia what are you worth against the American dollar? 3 what!?! Geez Louise! You think Iraq’s gonna stand for that? …so they will either be 1 to 1 and stay like that – I doubt it. They’ll un-peg more than likely, go on par with their assets backing up their currency, take it out to a float… Read more…

Iraqi Dinar/US Dollar auction results 7-8-2021

Iraqi Dinar/US Dollar auction results 7-8-2021

The results of the foreign currency sale window for Thursday, 7/8/2021, and executed today

Announcement No. (4446) Read more…

Al-Kazemi’s advisor: Announcing the actual implementation of the white paper soon

Al-Kazemi’s advisor: Announcing the actual implementation of the white paper soon

07-08-2021 12:24 AM

The economic advisor to the Prime Minister, Alaa Abdel Hussein, confirmed that the actual implementation of the white paper will soon be announced, while noting that there are central and sub-committees to implement it .

Abdul Hussein said in a televised statement, Wednesday, that “Iraq over the past decades has suffered from economic problems,” noting that Read more…

The Iraqi government approves 50 billion dinars in lending to electricity companies

The Iraqi government approves 50 billion dinars in lending to electricity companies

2021-07-08 00:58

Shafaq News/ The Council of Ministers decided to lend the Ministry of Electricity companies to improve the reality of the national grid system in the country.

The Council of Ministers decided in its twenty-sixth regular session held on 6/7/2021, the following:

Lending to profitable Ministry of Oil companies and Ministry of Electricity Read more…

An increase in the exchange rates of the dollar in Baghdad and the Kurdistan Region

An increase in the exchange rates of the dollar in Baghdad and the Kurdistan Region

Thursday, July 8, 2021 | 10:15 am

The exchange rates of the US dollar rose against the Iraqi dinar, on Thursday, on the main stock exchange in the capital, Baghdad, and the Kurdistan Region .

A source said that the Al-Kifah and Al-Harithiya Central Stock Exchange in Baghdad Read more…

After the Ain Al-Assad base… the US embassy is under attack and sirens sound in the Green Zone

After the Ain Al-Assad base… the US embassy is under attack and sirens sound in the Green Zone

7-8-2021

The US embassy in the Iraqi capital, Baghdad, came under a missile attack today, Thursday, in renewed attacks targeting US forces in Iraq and Syria, at a time when Washington blames Iranian-backed militias for the instability of Iraq.

Al-Jazeera correspondent in Baghdad stated that the embassy responded to the attack through its defense system, and sirens sounded inside the Green Zone in central Baghdad, Read more…

Economist: We will witness a major crisis next year if the dollar continues at its current price

Economist: We will witness a major crisis next year if the dollar continues at its current price

2021-07-08

Economic expert Ihsan Al-Kinani stressed, on Thursday, the need for the government to issue a decision to reduce the value of the dollar before holding early elections, pointing out that continuing at the current price will create a major crisis in the next year, especially since after Read more…

Parliamentary Economy: The Iraqi Stock Exchange is money laundering and drugs

Parliamentary Economy: The Iraqi Stock Exchange is money laundering and drugs

2021-07-08

The Parliamentary Committee on Economy and Investment accused the Iraq Stock Exchange, considering it a laundering of stolen money and drugs.

Committee member MP Hamid Al-Moussawi said in a press interview that “the Iraqi stock exchange is a laundering of stolen money and drugs,” calling on the government to “form a council Read more…

Iraqi Dinar Guru opinions 7-7-2021

Iraqi Dinar Guru opinions 7-7-2021

7-7-2021 Intel Guru Frank26 The word “mechanism” when translated in the Middle East means it’s a plan. And that’s the plan for the monetary reform. – to use all these mechanisms…QFS…The special drawing rights…digital currency…Swift system…countries pouring into Iraq – none of these things have ever been anywhere near reality. Why now? What is it that is so different today than it was just two years ago? They’re Article VIII. Now does that mean they lifted the value of their currency? IMO on the second set of books you’re darn right they have! And they’re going to do it now on their original set of books, announce it to the world and make it retroactive. They are getting closer and closer… Read more…

Iraqi Dinar/US Dollar auction results 7-7-2021

Iraqi Dinar/US Dollar auction results 7-7-2021

The results of the foreign currency sale window for Wednesday 7/7/2021 and executed today

Announcement No. (4445) Read more…

Electricity: a new attack that cuts the national system!

Electricity: a new attack that cuts the national system!

07.07.2021 – 13:37

Baghdad – people

On Wednesday, the Ministry of Electricity announced that the electric power transmission lines in the northern region had been subjected to sabotage acts, which led to the lines being suspended from work in Kirkuk governorate.

The ministry stated in a statement, of which “Nass” received a copy, (July 7, 2021), “It appears that the transmission towers of electric power in the northern region Read more…

The Central Bank announces lending and financing renewable energy projects in Iraq

The Central Bank announces lending and financing renewable energy projects in Iraq

2021-07-07 00:24

Shafaq News/ The Central Bank of Iraq announced on Wednesday the financing and lending of renewable energy projects in residential complexes in the country.

In a statement received by Shafaq News Agency, the Central Bank said that, in line with international obligations towards reducing greenhouse gas emissions, the Paris Climate Agreement and reducing fuel uses, the Central Bank of Iraq decided Read more…

United Nations: Last night’s attack in Erbil is pushing Iraq towards the unknown

United Nations: Last night’s attack in Erbil is pushing Iraq towards the unknown

2021-07-07 01:04

Shafaq News/ The Special Representative of the Secretary-General of the United Nations in Iraq, Jeanine Hennis-Plasschaert, considered on Wednesday the attack that targeted Erbil International Airport yesterday evening, pushing Iraq “toward the unknown.”

Plasschaert said in a tweet today on the social networking sites “Twitter”, that these continuous attacks, and last night in Erbil again, is an abuse Read more…

Parliamentary Finance reveals: No dinars were returned to the Iraqi treasury through the “Anti-Corruption” campaign

Parliamentary Finance reveals: No dinars were returned to the Iraqi treasury through the “Anti-Corruption” campaign

Wednesday 7 July 2021 | 02:29 PM

Member of the Parliamentary Finance Committee, Representative Abdul Hadi Al-Saadawi, confirmed, on Wednesday, that no dinar will be returned to the Iraqi treasury through the anti-corruption campaign .

Al-Saadawi said, “We support any real anti-corruption campaign that ultimately yields positive results, including the recovery of the looted money Read more…

A list of dollar exchange rates across Iraq for Wednesday morning transactions

A list of dollar exchange rates across Iraq for Wednesday morning transactions

Wednesday 7 July 2021 | 10:26 am

A list of the dollar exchange rates against the Iraqi dinar, during Wednesday morning transactions (July 7, 2021 ). Read more…

An international classification indicates the slow economic diversification in Iraq and the biggest challenge it faces

An international classification indicates the slow economic diversification in Iraq and the biggest challenge it faces

Wednesday 7 July 2021 | 09:42 AM

Moody’s Financial Rating Agency affirmed Iraq’s credit rating at Caa1 with a stable outlook .

Moody’s stated that the confirmation of the rating reflects the credit challenges Read more…

Iraqi Dinar Guru opinions 7-6-2021

Iraqi Dinar Guru opinions 7-6-2021

7-6-2021 Newshound Guru Militiaman The 10th richest country…in the world is Iraq. And that 10th country has more than just oil. They’re going to have tourism and religious tourism. They’re going to have imports and exports of all the construction materials that are going to come in – food – housing. It’s going to be insane building…That was the need for the build-out of the port… a lot of income will come from there because it’s one of the largest ports in the world and it’s not going to be at a program rate as far as we can tell. Read more…