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Iraqi News Highlights Friday Afternoon 4-21-23

Iraqi News Highlights Friday Afternoon 4-21-23

Tlm724 Administrator Bondlady’s Corner

Will The "Parallel Dollar" Drop Soon?

Market  Economy News – Baghdad  On Friday, the economic advisor to the Prime Minister, Mazhar Muhammad Salih, predicted that the exchange rate of the dollar in the parallel market would approach the official rate "very soon."

Saleh said, "We expect very soon that the exchange rate of the parallel dollar will approach the official rate with the continuation of external transfers, especially since all private banks committed themselves to transfers and the electronic government controls th

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Saleh said in a press statement, followed by "Al-Iqtisad News", that "all these matters will lead to the decline of the exchange rate of the parallel dollar to the official price."

https://economy-news.net/content.php?id=33731

The Dollar Is Falling Against The Iraqi Dinar In Today's Trading

Economy   Friday, April 21, 2023 12:27 PM  Baghdad / National News Center   Today, Friday, the National News Center publishes the exchange rates of the dollar against the Iraqi dinar in the capital, Baghdad, and throughout the country.

The prices were as follows:

Baghdad   Selling: 144,000 dinars per 100 dollars   Buying: 142,000 dinars per 100 dollars

South   Selling: 144,500 dinars per 100 dollars   Buying: 142,500 dinars per 100 dollars

North   Selling: 144,250 dinars per 100 dollars   Buying: 142,250 dinars per 100 dollars

https://nnciraq.com/201160/

Oil Declines And Continues The Losses Of The Previous Two Sessions

Economy| 09:06 - 04/21/2023   Follow-up - Mawazine News   Oil prices fell, on Friday, continuing the losses of the previous two sessions, and heading towards a weekly decline, as weak US economic data and an increase in US fuel stocks raised concerns about stagnation and slowing demand for oil.

By 0101 GMT, Brent crude futures for June delivery were down 14 cents, or 0.2 percent, at $80.96 a barrel.

West Texas Intermediate crude futures for June delivery fell 12 cents, or 0.2 percent, to $77.25 a barrel.

The two raw materials fell by more than 2% to their lowest levels since the end of March on Thursday, amid fears of a possible recession, and are heading towards recording a weekly decline of about 6%. Ended   https://www.mawazin.net/Details.aspx?jimare=225101

 

To read more current and reliable Iraqi news please visit BondLady’s Corner:

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