Dinar Recaps

View Original

Iraqi News Highlights Thursday Afternoon 3-30-23

Iraqi News Highlights Thursday Afternoon 3-30-23

Tlm724 Administrator Bondlady’s Corner

The Minister Of Planning Is Discussing With The Regional Director Of The International Monetary Fund The Mechanisms For Achieving Economic And Financial Reforms In Iraq

Thursday 30 March 2023 11:55 | Economical Number of readings: 455  Baghdad / NINA / - The Deputy Prime Minister, Minister of Planning, Muhammad Ali Tamim, discussed with the Regional Director of the International Monetary Fund, Ghazi Al-Shubaikat, the mechanisms for achieving economic and financial reforms in Iraq.

See this content in the original post

And the Ministry of Planning stated in a statement, "During the meeting, which was attended by the head of the Central Statistical Organization, Diaa Awad Kazem, they discussed a number of files related to the fund's work in Iraq, and ways to enhance joint cooperation between the two sides."

The statement added, "The presentation touched on the economic and financial reform file, and the possibility of benefiting from the capabilities and expertise of the International Monetary Fund in supporting the Iraqi government's efforts in this field, especially with regard to preparing medium-term budgets, automating the banking sector, and working to achieve economic diversification."

For his part, Al-Shabikat expressed "the fund's readiness to provide possible support to Iraq in many fields, whether related to economic and financial aspects, or statistical."/ End To

https://ninanews.com/Website/News/Details?key=1043624

Iraq And The International Monetary Fund Are Discussing Cooperation In Achieving Stability In The Iraqi Economy

Political | 05:15 - 03/30/2023  Iraq and the International Monetary Fund are discussing cooperation in achieving stability in the Iraqi economy    https://www.mawazin.net/Details.aspx?jimare=223261

Al-Sudani Discusses With The Resident Representative Of The International Monetary Fund The Financial And Administrative Reforms Adopted By The Government

Thursday 30 March 2023 17:17 | political Number of readings: 79  Baghdad / NINA / - The Prime Minister, Muhammad Shia'a Al-Sudani, discussed with the Resident Representative of the International Monetary Fund in Iraq, Ghazi Shbeikat, the importance of the financial and administrative reforms adopted by the government.

 A statement by his media office stated that Al-Sudani met with Shbeikat today, Thursday, and during the meeting they discussed Iraq's relationship with the International Monetary Fund, and cooperation in the field of supporting financial policies and plans, in a way that contributes to achieving the stability of the Iraqi economy. According to the statement, the meeting witnessed a discussion of the importance of financial reforms and administrative measures adopted by the government, and supporting its efforts to combat corruption./End 2    https://ninanews.com/Website/News/Details?key=1043696

The Central Bank Talks About The "Signs" Of Its Measures: The Dollar Began To Decline Against The Dinar

Economy News – Baghdad  On Thursday, the Central Bank of Iraq identified four measures to support the strength of the Iraqi dinar, while confirming that its packages met most of the market's requests and contributed to the decline of the dollar.

See this content in the original post

And the assistant general manager of the investment department in the bank, Muhammad Yunus, said, “The central bank has taken a group of packages to support the process of the strength of the Iraqi dinar, and to enhance external transfer, financing trade, study, and others,” noting that “the signs of these packages on the strength of the Iraqi dinar began to appear today.”

Younes added, "The dollar began to decline continuously against the dinar as a result of these packages that met most of the Iraqi market's requests," noting that "this contributed to reducing the difference between the official and parallel exchange rate."

And he indicated, "Iraq is an importer of everything, and therefore the large volume of its demand for the dollar sometimes makes it strong against the dinar," noting that "the central bank's actions are supported by the decisions of the Prime Minister and the Council of Ministers."

And he stressed, "The need for all efforts to come together to support the strength of the dinar through measures represented first by supporting the local product, secondly by reducing import operations, third by controlling markets, and fourth by controlling border crossings," noting that "most markets have started dealing in the Iraqi dinar, and this will contribute to its support."

He pointed out that "some departments faced a problem because their contracts are in dollars, but the Council of Ministers and the Central Bank began to solve these problems," stressing that "Iraq has more than 130 tons of gold," according to the official agency. https://economy-news.net/content.php?id=33218

Central Bank: We Have Taken A Set Of Packages To Support The Strength Of The Dinar, And Its Signs Began To Appear Today

Economy| 11:07 - 30/03/2023   Baghdad - Mawazine News  , on Thursday, the Central Bank of Iraq identified four measures to support the strength of the Iraqi dinar, while confirming that its packages met most of the market's demands and contributed to the decline of the dollar.

And the assistant general manager of the investment department in the bank, Muhammad Yunus, said, “The central bank has taken a group of packages to support the process of the strength of the Iraqi dinar, and to enhance external transfer, financing trade, study, and others,” noting that “the signs of these packages on the strength of the Iraqi dinar began to appear today.”

Younes added, "The dollar began to decline continuously against the dinar as a result of these packages that met most of the Iraqi market's requests," noting that "this contributed to reducing the difference between the official and parallel exchange rate."

See this content in the original post

And he indicated, "Iraq is an importer of everything, and therefore the large volume of its demand for the dollar sometimes makes it strong against the dinar," pointing out that "

And he stressed, "The need for all efforts to come together to support the strength of the dinar through measures represented first by supporting the local product, secondly by reducing import operations, third by controlling markets, and fourth by controlling border crossings," noting that "most markets have started dealing in the Iraqi dinar, and this will contribute to its support."

He pointed out that "some departments faced a problem because their contracts are in dollars, but the Council of Ministers and the Central Bank began to solve these problems," stressing that "Iraq has more than 130 tons of gold," according to the official agency. Ended 29/N33

https://www.mawazin.net/Details.aspx?jimare=223230

The Decline Of The Dollar In Baghdad With The Closing Of The Stock Market

Thursday, March 30, 2023 4:55 PM   Baghdad / The National News Center  The exchange rates of the US dollar decreased against the Iraqi dinar, today, Thursday, with the closure of the main stock exchange in Baghdad.

The correspondent of the National News Center said, “The central Kifah Stock Exchange in Baghdad closed this evening at an exchange rate of 151,800 dinars against 100 dollars, while the prices this morning were 153,000.”

He added, "The buying and selling prices in exchange shops in the local markets in Baghdad decreased, as the selling price reached 152,500 dinars, while the purchase prices amounted to 151,000 dinars per 100 dollars."   https://nnciraq.com/196849/

Over $238 Million Central Bank Sales At Auction Today

Economy| 11:48 - 03/30/2023  Baghdad - Mawazine News   Central Bank sales of foreign currency increased in an auction today, Thursday, to record more than 238 million dollars.   https://www.mawazin.net/Details.aspx?jimare=223232

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

  https://www.bondladyscorner.com/

See this content in the original post