A deputy confirms: The government’s steps to benefit from the surplus oil revenues go to strengthen the cash reserve
Wednesday 30 June 2021 | 02:56 PM
After the outbreak of the Corona pandemic and its impact on the global economy, Iraq was also affected economically, which prompted the government to borrow from the central bank and thus decreased the cash reserve of the central bank, which means that the government has to compensate for the shortfall in the cash reserve, which is what the government actually started with with the high prices oil. Representative Jamal Cougar says, so far, the government’s steps to benefit Read more…
Iraqi Dinar Guru opinions 6-29-2021
6-29-2021 Newshound/Intel Guru Petra It’s very clear to me the progress has been absolutely phenomenal. If you were to put on a chart the amount of conversation that has gone from the CBI…the last two weeks have been off the charts. And the right people are talking. Basically setting the stage…there is clear evidence that a campaign has been going on now for a little over a week, maybe longer. It’s talking to the citizens about what is coming…they have carefully and clearly and strategically been letting out information…IMO they are executing on a very tight plan. Read more…
Iraqi Dinar/US Dollar auction results for tomorrow 6-30-2021 executed today 6-29-2021
The results of the foreign currency sale window for Wednesday 06/30/2021 and executed today
Announcement No. (4441) Read more…
Al-Amiri informs Al-Kazemi of the demand for the immediate withdrawal of US forces from Iraq
2021-06-29 03:07
Shafaq News/ An early source said on Tuesday, that a meeting was held between the head of the Al-Fateh Alliance Hadi Al-Amiri and Prime Minister Mustafa Al-Kazemi in the Green Zone.
The source told Shafak News Agency; During the meeting, Al-Amiri stressed that the demands of the political forces and armed factions changed after the recent US bombing from scheduling to an immediate and complete withdrawal.
The source added; Al-Kazemi confirmed to Al-Amiri that he will discuss this matter with the competent Iraqi Read more…
Officially.. the Iraqi Minister of Electricity submits his resignation to Al-Kazemi
Tuesday, June 29, 2021 | 12:08 PM
The Iraqi Minister of Electricity, Majid Hantoush, submitted his resignation to Prime Minister Mustafa Al-Kazemi .
The resignation comes after a complete decline in the hours of electricity supply in Iraq, with high temperatures, and an organized campaign launched by unknown Read more…
Low dollar exchange rates in Baghdad
Tuesday, June 29, 2021 | 10:49 am
The exchange rates of the US dollar fell against the Iraqi dinar, on Tuesday, on the main stock exchange in the capital, Baghdad, and the Kurdistan Region .
A source said that the Central Kifah and Al-Harithiya Stock Exchange Read more…
Iraqi Dinar Guru opinions 6-28-2021
6-28-2021 Newshound/Intel Guru Mnt Goat Article: “IS FLOATING THE CURRENCY A VIABLE OPTION? UNDER WHAT CONTEXT?” The context they are talking about is the FLOATING the dinar exchange rate and I quote- “of the national currency against other foreign currencies”, which means to reinstate the dinar on FOREX and other currency exchanges. Right now it is solely pegged to the US dollar so they are not talking about floating the program rate. They know already they can not FLOAT the currency on a program rate inside Iraq. Read more…
Iraqi Dinar/US Dollar auction results for tomorrow 6-29-2021 executed today 6-28-2021
The results of the foreign currency sale window for Tuesday 06/29/2021 and implemented today
Announcement No. (4440) Read more…
A new drop in the dollar at the closing of Baghdad markets
2021-06-28 08:27
Shafaq News/ The dollar exchange rate recorded a further decline against the dinar, on Monday, when the main stock exchange in Baghdad was closed.
Shafak News Agency correspondent Read more…
Al-Fateh Alliance in response to the bombing of Al-Qaim: Continuing dialogue with America is a waste of time
2021-06-28 02:19
Shafaq News/ The Al-Fateh Alliance led by Hadi Al-Amiri considered, on Monday, the American bombing that targeted a faction of the Popular Mobilization on the Iraqi-Syrian border “in response to the review of the crowd last Saturday”, while warning the Iraqi government that the continuation of the strategic dialogue with the United States without a result “procrastination and waste.” for time.”
The coalition said in a statement Read more…
America on the bombing of Al-Qaim: a deterrent message to the “Iranian-backed militias”
2021-06-28 08:27
Shafaq News/ The US Secretary of State, Anthony Blinken, announced on Monday that the bombing of a Popular Mobilization headquarters in western Iraq is a deterrent message to what he described as “Iran-backed militias”.
In his statements from Rome, Blinken said, “The United States has taken necessary, appropriate and deliberate action with air strikes in Iraq Read more…
Parliamentary Finance warns the Iraqi government of “imminent financial collapse”
Monday 28 June 2021 | 01:49 PM
On Monday, the Parliamentary Finance Committee warned the Iraqi government of a “financial collapse” as a result of the lack of control over the dollar’s exchange rate against the Iraqi dinar .
Committee member Abdul Hadi Al-Saadawi said, “Iraq depends mainly on oil imports,” explaining that “any drop in oil prices will cause a financial collapse Read more…
Between the government and the Central Bank.. Members of the Finance Committee reveal the secrets of the rise in the price of the dollar
2021-06-28
The exchange rate of the dollar against the dinar still casts a shadow on the societal and political sides, while a parliamentarian ruled out the possibility of returning the exchange rate to what it was during this stage, another confirmed that the vision is absent from the government and the central bank in dealing with economic inflation, noting that There is a will and a majority in the House of Representatives, Read more…
Iraqi Dinar Guru opinions 6-27-2021
6-27-2021 Intel Guru Fleming Saturday RV Report/Rumors: It’s a really important day today, a date to remember forever. Today, following meetings among RV GCR principals late last night, thru early this morning, decisions were made to launch everything this weekend. Tomorrow [Sunday] the RV GCR starts in US…Our long wait has ended…Note: All intel should be considered as “Rumors” until we are making exchange appointments… Read more…
Iraqi Dinar/US Dollar auction results for tomorrow 6-28-2021 executed today 6-27-2021
The results of the foreign currency sale window for Monday 06/28/2021 and implemented today
Announcement No. (4439) Read more…
Al-Kazemi’s advisor rules out setting a supplementary budget and acknowledges the difficulty of approving the 2022
2021-06-27 03:52
Shafaq News/ The Prime Minister’s Adviser for Financial and Economic Affairs, Mazhar Muhammad Salih, ruled out on Sunday setting a supplementary budget at the end of this year.
Saleh told Shafaq News Agency, “During the past years, after the increase in oil prices, the government has created a supplementary budget in which the budget is corrected by adding some projects and other things that the country needs,” expecting that “there will not be a supplementary budget under these circumstances Read more…
A Kurdish deputy is likely to pass the oil and gas law during the next parliamentary session
2021-06-27 08:08
Shafaq News/ Kurdistan Democratic Party MP Dana Muhammad suggested on Sunday the approval of the oil and gas law during the electoral parliamentary session, returning it to “a solution to the oil disputes between the federal government and the Kurdistan Regional Government.”
Muhammad told Shafaq News Agency, “The disruption of the approval of the oil and gas law since 2007 until now is due to Read more…
General Electric announces a plan to transform the energy sector in Iraq and end the electricity crisis
Sunday 27 June 2021 | 12:24 pm
General Electric announced, on Sunday, an integrated energy sector transformation plan, which includes a number of main pillars that support the Iraqi government’s goals to develop the infrastructure of the energy sector in the country, enhance decarbonization efforts and diversify energy generation sources to end the electricity crisis .
The company said in a statement, “The activities of the Iraq Reconstruction Conference were held in the capital, Baghdad, which is a high-level summit Read more…
A new drop in dollar exchange rates in Iraq
2021-06-27
The exchange rates of the dollar fell today, Sunday, against the Iraqi dinar in the main stock exchange in the capital, Baghdad, and the exchange shops. Read more…
Iraqi Dinar Guru opinions 6-26-2021
6-26-2021 Newshound Guru Pimpy 96% of the money generated to support the budget came from oil sales but after the White Papers it’s dropped down to 70% dependent. This is really a huge chunk. We want it down more but from 96% down to 70% dependence on oil sales is a pretty big damn step if you ask me. Kudos again to Al-Kazemi’s administration… Read more…
