Iraqi News Friday AM 1-28-22
Iraqi News Friday AM 1-28-22
TLM724 Administrator BondLady’s Corner
Saleh Al-Hamashi to / NINA /: The Current Economic Crisis May Increase The Dollar Exchange Rate To A New Figure
Thursday 27 January 2022 economic Number of readings: 36 Baghdad / NINA / - The economic expert, Saleh Al-Hamashi, confirmed that: the current economic crisis may increase the dollar exchange rate to a new figure.
He told the National Iraqi News Agency ( NINA ): "The current exchange rate of the dinar, I do not think that it will change to what it was before 2020, that is, at a price of 1200 dinars per dollar."
Al-Hamashi attributed this to: “The Iraqi monetary bloc is unable to meet the Iraqi economic activity, in addition to the fact that oil prices, despite their high, were not able to cover the budget deficit, and that the price of $95, at a rate of four million barrels per day, would then be filled. impotence.”
He expressed his belief that at the end of 2022 or the beginning of next year, the exchange rate may change to 1700 dinars per dollar in light of the current reality, and if oil prices relapse, and this is expected at the end of this year, things may get worse, especially since the Iraqi budget is inflating year after year. A year without any productivity./End of 3 https://ninanews.com/Website/News/Details?Key=953123
Dollar Exchange Rates In Local Markets
2022-01-28 | 02:59 Source: Alsumaria news The exchange rates of the dollar stabilized, today, Friday, in the local markets.
And the selling prices of the dollar were 148,000 dinars per 100 dollars, while the purchase prices of the dollar were 147.750 dinars per 100 dollars.
Earlier, he decidedCentral Bank of Iraq Adjusting the exchange rate of the dollar against the Iraqi dinar, as the purchase price of the dollar reached Ministry of Finance 1450 dinars, and the selling price to banks was set at 1460 dinars per dollar, while the selling price to citizens is 1470 dinars per dollar. LINK
Al-Rafidain Determines The Interest Rate For Savings Accounts
2022-01-28 | 01:05 Source: Alsumaria news Today, Friday, Al-Rafidain Bank set the interest rate for savings accounts.
And the media office of the bank stated in a statement received by Alsumaria News, that "the interest rates of savings accounts are 4 percent paid to citizens in return for depositing their money." LINK
Khazali: Al-Kazemi's Government Lost More Than $3 Billion Annually From Basra's Dues
Posted On2022-01-28 By Sotaliraq On Thursday, the representative of Basra Governorate, Faleh Al-Khazali, accused the current caretaker government headed by Prime Minister Mustafa Al-Kazemi of wasting “more than $3 billion annually from the province’s benefits because of its challenge to the general budget law regarding the reconstruction fund that was previously approved.”
Al-Khazali said in a statement today that "Al-Kazemi and his government held a special session in Basra Governorate to discuss deliberate government neglect, poor services, and disruption of the law of Basra, the economic capital of Iraq."
He continued by saying that "all the political forces and their ministers, and throughout the previous years, were and still are unfair in dealing with Basra Governorate, and soon I will demand their presence in the House of Representatives."
These statements come in conjunction with a visit by the current Prime Minister, Mustafa Al-Kazemi, to the oil-rich province of Basra, which is located in the far south of Iraq, which suffers from a decline in service and living conditions. LINK
Warning To The Central Bank Of Iraq Of A Highly Flammable Substance
Posted On 2022-01-28 By Sotaliraq On Thursday, the Civil Defense Directorate warned of a "quickly flammable" substance that envelops the buildings of the Central Bank of Iraq in the center of the capital, Baghdad.
The Directorate of Civil Defense said, in a statement, that its teams in Baghdad - Al-Rusafa conducted, today, a disclosure of the two sites of the Central Bank building in central Baghdad, which are completely coated with highly flammable Ecobond panels, in violation of the safety instructions issued by the Directorate of Civil Defense.
She explained that a meeting and agreement was held with the bank's management in order to carry out the removal work and raise the waste according to the Civil Defense Law, warning that the Ecobond is one of the reasons for the increase in the rate of fires in 2021.
The Civil Defense Directorate indicated that the Central Bank began removing the Icopod packaging in implementation of its instructions. LINK
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