Iraq Economic News and Points to Ponder Sunday Evening 1-28-24
Iraq Economic News and Points to Ponder Sunday Evening 1-28-24
Tlm724 Administrator Bondlady’s Corner
The Iraqi Central Bank Transfers More Than 200 Million Dollars Abroad
Economy | 01/28/2024 Mawazine News – Baghdad External remittances rose at the Central Bank auction, today, Sunday, at the expense of cash sales, to reach $205 million. https://www.mawazin.net/Details.aspx?jimare=241168
The Central Bank Issues Guidance On Enhancing The Balances Of Correspondents Abroad
Economy |Baghdad today – Baghdad The Central Bank of Iraq issued a directive regarding enhancing the balances of correspondents abroad.
According to documents issued by the bank on January 25 of this month and obtained by “Baghdad Today”, “with the aim of supporting the work of banks by finding the necessary financial channels to meet customer requests, and for the purpose of organizing financing operations for requests to enhance the external balances received by this bank, it was decided to work with the requirements and mechanisms.”
Shown in the documents below:
https://baghdadtoday.news/241223-البنك-المركزي-يصدر-توجيهًا-بشأن-تعزيز-أرصدة-المراسلين-بالخارج.html
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Evening Dollar Bulletin In Iraq
Economy News – Baghdad Al-Iqtisad News publishes the dollar bulletin until 4:30 pm Baghdad time, and it is as follows:
Baghdad $100: 151.100 Basra $100: 151,400 Erbil $100: 151.100 Sulaymaniyah $100: 151.250
Duhok $100: 151.100 145 views 01/28/2024 https://economy-news.net/content.php?id=39905
The Central Bank of Iraq decides to restore the mechanism for financing Iraq's foreign trade, starting next March
The Central Bank said in a letter addressed to the banks, which Al-Iqtisad News reviewed, that for the purpose of organizing financing operations for requests to enhance external balances, it was decided to implement the new requirements and mechanisms starting from March 1, 2024.
He added that banks wishing to enhance their balance with correspondent banks in all currencies should appoint an external auditor for the purposes of reviewing transfers in advance of the process of sending transfers. Banks wishing to enhance the balance must provide us with information about the names of the companies they wish to contract with within a maximum period of February 29, 2024.
He stressed that requests to strengthen the dollar are for banks that have correspondent accounts with an American bank exclusively, at a price of 1310.
He stated that strengthening other currencies other than the dollar will accept applications at the banks of the currency country, provided that the classification of these banks is either the same as the country’s classification or only one rank lower than it, in a way that is consistent with Iraq’s import requirements from those countries. 01/28/2024 https://economy-news.net/content.php?id=39903
The Iraqi Stock Exchange Opens The Week Higher
Market The Iraqi Stock Exchange opened at the beginning of the week at an increase of 0.19% after most of the leading company stocks rose as a result of the entry of foreign investments.
Shares traded amounted to 2.5 billion shares, worth 1.5 billion dinars, including shares of 48 companies.
Ashur Hotel achieved a significant increase, reaching 20%, as the stock closed at 16.8 dinars, followed by Al-Mansour Hotels, with 6%, and the Construction Materials Industry, with 4.8%.
The most traded stocks were Sumer Commercial Bank, 1.2 billion shares, Assyria Bank, 702 million shares, and Mosul Bank, 115 million shares.
Foreign investors pumped liquidity into the banking sector, as they bought from the Commercial Bank of Iraq, the Bank of Baghdad, the Gulf Commercial Bank, and the Al-Mansour Investment Bank.
140 views 01/28/2024 - 2:19 PM https://economy-news.net/content.php?id=39898
Oil: Export Revenues Amounted To $8 Billion Last Month
Economy | 01/28/2024 Mawazine News – Baghdad The Ministry of Oil announced on Sunday that the final statistical revenues for exported quantities amounted to more than $8 billion for the month of December.
The Ministry stated in a statement received by Mawazine News, that “the amount of crude oil exports for the month of December last, according to the final statistics issued by the Iraqi Oil Marketing Company (SOMO), amounted to (108) million and (56) thousand and (590) barrels.” With revenues amounting to (Cool billion (311) million (34) thousand dollars.
She added that "the total quantities of crude oil exported for the month of December from the oil fields in central and southern Iraq amounted to (107) million and (592) thousand and (532) barrels, while exports to Jordan were (464) thousand and (58) barrels." ", noting that "the average price of one barrel reached (76,914) dollars."
She continued, "The exported quantities were loaded by (44) international companies of several nationalities, from the ports of Basra, Khor Al-Zubair, and the mono-buoys, and from the Turkish port of Ceyhan and the modern Kirkuk warehouse, by tanker trucks."
She pointed out that "the Ministry, through its belief in keeping the people informed about export operations and the revenues generated from them, took this monthly measure."
The US-Iraqi Supreme Military Committee Is Conducting An Assessment Of 3 Factors
Yesterday, Saturday, the US-Iraqi Supreme Military Committee announced the launch of the work of several committees to work on assessing Iraqi military capabilities.
The committee stated in a statement, “Today represents the first step in establishing this Supreme Military Council to enable leaders in the coalition forces and in the Iraqi armed forces to contribute to a series of working groups and mutual agreement to conduct assessments regarding three threat factors posed by ISIS, operational and environmental requirements, as well as the capabilities of the armed forces.” "Iraqiya."
The statement added: “The Supreme Military Committee, during the dialogue period, is working to determine the necessary conditions for the joint task forces of Operation Inherent Resolve during the necessary conditions to transfer the mission from Iraq.”
The statement indicated that, “In August of last year, in Washington, D.C., the US Department of State, the US Department of Defense, the Iraqi Ministry of Foreign Affairs and the Iraqi Ministry of Defense participated in the inaugural Joint Security Cooperation Dialogue between America and Iraq, affirming their shared commitment to security cooperation and their common interest for the stability of the region during the cooperation dialogue.”
Joint Security The parties agreed to hold military-to-military talks, under the name of the Supreme Military Committee (HMC), to evaluate the progress made in the coalition’s primary mission, which is to defeat ISIS, as well as discuss future amendments to the coalition’s mission and presence in Iraq.
https://www.radionawa.com/all-detail.aspx?jimare=37167
Reuters: The Number Of American Soldiers Injured In The Drone Attack Has Risen To 34
01/28/2024 Mawazine News – Baghdad The death toll from the attack by drones on American forces in the Al-Tanf area on the Iraqi-Syrian border rose to three dead and 34 soldiers wounded.
Reuters quoted an American official as saying, "The number of soldiers injured in the drone attack has risen to 34."
US President Joe Biden had accused the armed factions in Iraq and Syria of being behind the attack, which targeted a base in northeastern Jordan, and led to the death of 3 American soldiers and the injury of 25 others. https://www.mawazin.net/Details.aspx?jimare=241219
To read more current and reliable Iraqi news please visit BondLady’s Corner: https://www.bondladyscorner.com/
Top 100 Inspirational Quotes Compiled By Kevin Kruse
Inspirational quotes and motivational quotes have the power to get us through a bad week, and can even give us the courage to pursue our life’s dreams. In my book, 4 Keys to Happiness and Fulfillment at Work, By Kevin Kruse, I share surprising research into the true triggers of workplace motivation.
So in the spirit of self motivation, here are 100 inspirational quotes.
47. Fall seven times and stand up eight. – Japanese Proverb
48. When one door of happiness closes, another opens, but often we look so long at the closed door that we do not see the one that has been opened for us. – Helen Keller
49. Everything has beauty, but not everyone can see. – Confucius
50. How wonderful it is that nobody need wait a single moment before starting to improve the world. –Anne Frank
51. When I let go of what I am, I become what I might be. – Lao Tzu
52. Life is not measured by the number of breaths we take, but by the moments that take our breath away. – Maya Angelou
53. Happiness is not something readymade. It comes from your own actions. – Dalai Lama
http://www.forbes.com/sites/kevinkruse/2013/05/28/inspirational-quotes/