Low and high dollar exchange rates in Kurdistan

Low and high dollar exchange rates in Kurdistan

2021-03-01 02:45

Shafaq News / The exchange rate of the dollar decreased in the main stock exchange in the Iraqi capital, Baghdad, while it increased slightly in Kurdistan Region, today, Monday (March 1, 2021).

The Shafaq News Agency correspondent said that the Al-Kifah Central Stock Exchange in Baghdad Read more…

Saleh: The government may not need borrowing for this reason

Saleh: The government may not need borrowing for this reason

2021-03-01

The economic advisor to the Prime Minister, Mazhar Muhammad Salih, confirmed, on Monday, that the difference in the price of a barrel of oil in the budget goes to fill the deficit, and the government may not need to borrow, indicating that developing a supplementary budget remains according to the government’s need.

Saleh said in a dialogue that “the budget was built Read more…

Parliamentary services reveal the imminent construction of 14 modern cities … and those included

Parliamentary services reveal the imminent construction of 14 modern cities … and those included

1/3/2021 15:38

[Baghdad-Where]
A member of the Parliamentary Services and Reconstruction Committee revealed, today, Monday, that (14) modern cities will be constructed in all governorates, with 550 thousand housing units for those with limited income.
Al-Mamouri said in a statement, “The Parliamentary Services and Reconstruction Committee held an expanded meeting at its headquarters, in the presence of the Minister of Construction Read more…

Iraqi Dinar Guru opinions 2-28-2021

Iraqi Dinar Guru opinions 2-28-2021

2-28-2021 Newshound/Intel Guru Mnt Goat Article: “TO THE EXECUTIVE BRANCH TO THE CENTRAL BANK OF IRAQ PROPOSING THE NEED TO AMEND THE EXCHANGE RATE OF THE IRAQI DINAR TOWARDS THE US DOLLAR” Of course there are many objections to the 1450 devalued rate of the dinar. They people don’t understand fully the reasons behind it. This article is pushing for just what we want… Article quote: “A new EXCHANGE RATE IS REQUIRED FOR THE IRAQI DINAR TOWARDS THE US DOLLAR, WHICH IS ONE DINAR EQUALS ONE US DOLLAR…and work in the future to return a new exchange rate. EACH DINAR EQUALS $3, AS IT WAS PREVIOUSLY.” …With oil expecting to climb way over $100 a barrel Iraq will be swimming in wealth and its an excellent time to do this… Read more…

Sairoun: Accusing us of raising the price of the dollar is political auctions

Sairoun: Accusing us of raising the price of the dollar is political auctions

2021-02-28 00:50

Shafaq News / On Sunday, the Saeron Alliance denied its relationship with raising the dollar’s ​​exchange rate or refusing to reduce it, indicating that fixing the dollar’s ​​prices is a purely governmental issue far from political influence.

A member of the coalition, Riyadh Al-Masoudi told Shafaq News: The increase in the price of the dollar took place between the Ministry of Finance and the Central Bank of Iraq, and it is an economic issue related to the financial Read more…

{Al Furat News} publishes the most prominent articles and paragraphs that were included in the 2021 budget

{Al Furat News} publishes the most prominent articles and paragraphs that were included in the 2021 budget

02/28/2021 01:38:15

{Baghdad: Al Furat News} Our agency publishes the most prominent articles and paragraphs that were included in the federal budget for the fiscal year 2021 and which it is hoped to vote on this week.
The following are the most prominent paragraphs included in the 2021 budget: Read more…

Faily: More than 6 billion dollars in abundance has been achieved without any increase in the central bank’s reserves

Faily: More than 6 billion dollars in abundance has been achieved without any increase in the central bank’s reserves

Sunday 28 February 2021 | 12:17 PM

Today, Sunday, a member of the Parliamentary Economic Committee, Mazen El-Faily, confirmed that there has been an abundance of dollars at more than 6 billion without any increase in the Central Bank’s reserves.

Al-Faily said in a press statement that “the data and figures indicated that the state’s monthly revenues from selling oil exceeded (4 billion dollars), while the Central Bank’s sales during the same period did not reach more than Read more…

Iraqi Dinar Guru opinions 2-27-2021

Iraqi Dinar Guru opinions 2-27-2021

2-27-2021 Newshound Guru Jeff Iraq has pretty much at this time stopped the in-country currency auctions of auctioning off the US dollar. At this time they’re only auctioning off the US dollar abroad – outside the country of Iraq. They’ve been doing this for about the last 2 weeks. So at this point the in-country auctions have ceased and ended. This is great for us. This is more confirmation we’re inching up on the rate change. Read more…

THE CENTRAL BANK ANNOUNCES A RISE IN CASH RESERVES TO MORE THAN 55 BILLION DOLLARS

THE CENTRAL BANK ANNOUNCES A RISE IN CASH RESERVES TO MORE THAN 55 BILLION DOLLARS

Saturday, February 27, 2021 3:19 PM

Baghdad / National News Center

Today, Saturday, the Central Bank of Iraq announced that its cash reserve has risen to more than $ 55 billion.

In a statement followed by the National News Center, the Central Bank said, “The increase in monetary reserves came as a result Read more…

Because of the comprehensive ban … stability of the dollar exchange rate

Because of the comprehensive ban … stability of the dollar exchange rate

02/27/2021 11:16:30

{Baghdad: Al Furat News} The exchange rate of the dollar against the dinar in Baghdad recorded relatively stable, today, Saturday, despite the official closure of the stock exchange as a result of the curfew.
Traders said that the selling and buying prices have stabilized Read more…

The National Approach bloc sets 40 points for accepting the budget: We will boycott the vote in this case

The National Approach bloc sets 40 points for accepting the budget: We will boycott the vote in this case

Saturday 27 February 2021 | 12:47 PM

On Saturday (28 February 2021), the National Approach bloc presented 40 points for the current year’s budget, while it threatened to boycott the vote if the points were not applied.

1. Restoring the exchange rate to what it was previously, as the damages of this decision became clear early, and the Finance Committee suggested allocating (500) billion dinars in compensation Read more…

Source: Political dialogues to postpone the Iraqi elections again to 2022

Source: Political dialogues to postpone the Iraqi elections again to 2022

2021-02-27

Today, Saturday, an Iraqi political source revealed that there are political dialogues to postpone the Iraqi elections again to 2022.

The source said, “The elections may be postponed again due to many circumstances, including the economic situation, the incomplete preparations for them, as well as Read more…

During the past week … Iraqi oil exports to America have declined to zero

During the past week … Iraqi oil exports to America have declined to zero

02/27/2021 13:04

[Follow-up]
The US Energy Information Administration revealed, on Saturday, that Iraqi oil exports to America had declined to zero during the past week.
The administration said in a report published on its official website, today, that “America did not import crude oil from Iraq during the past week compared to the previous week, Read more…

Iraqi Dinar Guru opinions 2-26-2021

Iraqi Dinar Guru opinions 2-26-2021

2-26-2021 Intel Guru Frank26 Article: “Punishment: Dollar speculation with corrupt banks cost the state a trillion dinars a month.” Not anymore. We stopped the auctions and we got Iraq a little bit under control. Quote: “to restore the unfair decision agains the Iraqi economy to raise the price of the dollar and return it to its previous era.” This translation ugh! But you understand don’t you. To raise the value of the Iraqi dinar against the dollar and return it to its previous era…that’s what Dr. Shabibi said would happen and that’s what’s happening. Read more…

Low dollar prices in the Iraqi market

Low dollar prices in the Iraqi market

2021-02-26 | 05:31

Alsumaria News publishes the exchange rates of the dollar on the Iraq Stock Exchange on Friday.

The dollar against the Iraqi dinar: Read more…

Ministry of Finance: Iraq internationally maintains its credit rating

Ministry of Finance: Iraq internationally maintains its credit rating

02/26/2021 15:18:55

{Baghdad: Al Furat News} The Ministry of Finance announced, today, Friday, that Iraq has maintained its global credit rating at {-B} with an emphasis on financial and economic stability, according to the international agency Standard and Poor’s {S&P}.
“The Minister of Finance, Ali Allawi, participated in a panel discussion to discuss economic and financial developments and the credit rating of Iraq Read more…

The first Kurdish response to the draft oil and gas bill

The first Kurdish response to the draft oil and gas bill

02/26/2021 08:57:03

{Baghdad: Al-Furat News} The Kurdish bloc commented on the Oil Ministry’s announcement to send the final draft of the oil and gas bill to the Council of Ministers.
A member of the Kurdish Change Bloc, Amin Bakr, said in a press statement: “Despite the talk on the part of the political blocs and parties about the new oil and gas law, and that it may be the solution to all problems Read more…

An Iraqi port achieves the highest financial revenues within months

An Iraqi port achieves the highest financial revenues within months

02/26/2021 17:20:49

{Baghdad: Al Furat News} The Ministry of Transport / The General Company for Iraqi Ports announced that Khor Al-Zubair Port has achieved good financial revenues compared to previous months, as the port berths received a large number of oil tankers working for the SOMO company to export oil derivatives, in addition to receiving commercial ships loaded Read more…

Congressional police warn of plans to blow up the Capitol building during Biden’s upcoming speech

Congressional police warn of plans to blow up the Capitol building during Biden’s upcoming speech

2021-02-26

Acting Capitol Police Officer Yogananda Bateman said that there is intelligence warning that extremists are planning to bomb the Capitol building during President Joe Biden’s first official speech to Congress.

Bateman stated, “We know that armed groups that participated in the storming of the Capitol on January 6 expressed their desire to blow up the Capitol building Read more…

Parliamentary Finance: The Council of Ministers did not respond to the parliamentary budget amendments

Parliamentary Finance: The Council of Ministers did not respond to the parliamentary budget amendments

2/26/2021 15:49

[Baghdad-Where]
The Parliamentary Finance Committee denied today, Friday, setting a date for voting on the General Budget Law for 2021, while noting that the Council of Ministers did not respond to parliamentary amendments to the Budget Law.
Committee member Ahmed Hajj Rashid said, “The reports that talk about setting a date for voting on the budget law Read more…