Iraqi News Highlights Wednesday Afternoon 12-14-22
Iraqi News Highlights Wednesday Afternoon 12-14-22
Tlm724 Administrator Bondlady’s Corner
The Baghdad Stock Exchange Closed At A New High At The Exchange Rate Of The Dollar
Political | 04:27 - 12/14/2022 Baghdad - Mawazine News The Baghdad Stock Exchange closed, this afternoon, its session with a new high at the exchange rate of the dollar.
Our correspondent said, "The Baghdad Stock Exchange closed at an exchange rate of 152,000 dinars for buying a category of 100 dollars and 152,500 for sale." He added, "The prices in the rest of the provinces were close to the Baghdad Stock Exchange."
The Increase In US Crude Stocks Is Dropping Global Oil Prices
Economie| 09:00 - 12/14/2022 Follow-up - Mawazine News Oil prices fell in early trading, Wednesday, after industry data showed a significant increase in US crude stocks, instead of the decline that analysts expected, which reinforced concerns about weak demand even as supply contracted.
West Texas Intermediate crude futures fell 30 cents, or 0.4%, to $75.09 by 01:28 GMT, losing 3% gains made in the previous session. Brent crude futures fell 38 cents, or 0.5%, to $80.3 a barrel. https://www.mawazin.net/Details.aspx?jimare=214094
Al-Mandalawi: Quick And Decisive Measures To Stop The Rise In The Dollar Exchange Rate
Political | 02:22 - 12/14/2022 Baghdad - Mawazine News, First Deputy Speaker of Parliament Mohsen Al-Mandalawi announced, on Wednesday, that swift and decisive measures will be taken to stop the escalation in the exchange rate of the dollar.
Al-Mandalawi said in a tweet on Twitter, "To protect citizens and prevent this from being reflected in the Iraqi markets, the measures that will be taken by us and by the prime minister and the central bank will be quick and decisive in stopping the escalation in the dollar exchange rate."
https://www.mawazin.net/Details.aspx?jimare=214131
Parliamentary Finance Comments On The Rise In Dollar Exchange Rates In The Country
Political | 02:35 - 12/14/2022 Special - Mawazine News, the Parliamentary Finance Committee commented, today, Wednesday, on the rise in the exchange rates of the dollar to more than 151 thousand dinars per 100 dollars.
Committee member Jamal Cougar said in an exclusive interview with Mawazine News, "The committee does not know the reasons for the suspension or weakness in the currency auction, and that, unfortunately, when the supply decreases, the demand increases," noting that "the reasons for the lack of supply are not yet known."
He added, "It is the duty of the government to work on controlling prices because Iraq is a consuming country, and the goods that enter the country are all in hard currency, which necessitates the government to deal with the matter." https://www.mawazin.net/Details.aspx?jimare=214133
Parliamentary Fact-Finding Announces The Completion Of Its Report On The Tax Secretariat Theft File
Political | 05:25 - 12/14/2022 Baghdad - Mawazine News, the Parliamentary Fact-Finding Committee announced, on Wednesday, the completion of its report on the file of theft of tax secretariats and handing it over to the Presidency of Parliament.
The head of the committee, Representative Hanan Al-Fatlawi, said in a statement, which Mawazine News received a copy of, that "the committee formed in the Parliamentary Integrity Committee announces the completion of its report and its submission to the Presidency of the House of Representatives, and sending a copy of it to the judiciary, the Prime Minister, the Integrity Commission, and the Financial Supervision Bureau."
She added, "The committee held 37 meetings in which it hosted 33 personalities whose statements must be heard or the priorities checked with them. The committee issued many letters to obtain the priorities, and the committee puts its report, which includes many and important facts before the eyes of the judicial authority and the concerned executive authorities. The report also includes a number of recommendations." which the committee decided in order to hold the negligent ones accountable and return the stolen sums, as well as prevent any similar future thefts.
https://www.mawazin.net/Details.aspx?jimare=214150
Planning: There Is No Agreement To Change The Dollar Exchange Rate
Economie| 02:38 - 12/14/2022 Baghdad - Mawazine News The Ministry of Planning revealed, on Wednesday, the issuance of directives from Prime Minister Muhammad Shia al-Sudani related to addressing the effects of changing the exchange rate of the dollar.
Undersecretary of the Ministry of Planning, Maher Hammad Johan, said, "Prime Minister Muhammad Shiaa al-Sudani issued directives to contain the negative effects of changing the dollar exchange rate by providing job opportunities, addressing minimum wages, protecting the poor and marginalized, and increasing attention to the items of the food basket."
"The effects of changing the exchange rate are not all negative," Johan added, in an interview with the official news agency and followed by Mawazine News, stressing that "there is no agreement, whether in the House of Representatives or in the Central Bank, to change the exchange rate." Ended 29/ No. 33
https://www.mawazin.net/Details.aspx?jimare=214134
To read more current and reliable Iraqi news please visit BondLady’s Corner: