Iraqi News Tuesday AM 11-23-21
Iraqi News Tuesday AM 11-23-21
TLM724 Administrator BondLady’s Corner
Soon... A Ministerial Delegation Will Visit Geneva To Discuss Iraq's Accession To The World Trade Organization
Monday, November 22, 2021 8:01 PM Baghdad/National News Center Today, Monday, the Ministry of Commerce revealed an upcoming visit of its minister to Geneva to discuss Iraq's accession to the World Trade Organization, while noting that Iraq needs to pass laws and legislation to support its position internationally.
The official spokesman for the Ministry of Commerce, Muhammad Hanoun, told the official agency, followed by the “National News Center”: “The Ministry of Trade is mobilizing its efforts towards Iraq’s accession to the World Trade Organization, and its minister and at the head of a government delegation will go to Geneva next week to reach an agreement with European trade ministers and European countries.” about joining.
He stressed that "we look forward to finalizing the file of Iraq's accession to the World Trade Organization soon," noting that "the accession process is complex and includes many great conditions."
He pointed out that "Iraq needs to pass laws and legislation on many topics, including the economy, customs, and other required details and controls."
He explained, "The Ministry of Commerce has prepared an integrated file, and we hope to discuss it with the European side with the aim of joining the organization." https://nnciraq.com/103869/
Iraq's Possession Of US Treasury Bonds Is Down To About $18 Billion
Economie| 12:27 - 23/11/2021 Follow-up - Mawazine News, the US Treasury announced, on Tuesday, that Iraq's possession of US bonds decreased to 17.954 billion dollars during the month of September.
And the treasury said in its schedule, which was reviewed by / Mawazine News /, that "Iraq's possession of US Treasury bonds for the month of September decreased by about one billion dollars and by 5.18% to reach 17.954 billion dollars, after it was 18.934 billion dollars last August," noting that "these bonds It is still higher than the month of December of 2020, by 4%, when Iraq's holdings of bonds amounted to $17.1 billion."
And she added, "Iraqi bonds, including long-term guarantees of $8.578 billion and short-term guarantees of $9.376 billion," noting that these bonds represent 6.7% of Arab countries' investments in US bonds and 0.2% of world bonds.
In the Arab world, Saudi Arabia is at the forefront of the most possessing countries, with a value of 124.3 billion dollars, followed by the UAE with 58 billion dollars, Kuwait third with 46.3 billion dollars, then Iraq fourth, Oman fifth with 5.4 billion dollars, then Morocco with 3.8 billion dollars.
She pointed out that "the most countries in possession of US bonds are Japan, with a value of 1.299 trillion dollars, followed by China, with a rate of 1.047 trillion dollars, followed by Britain, with a value of 566 billion dollars." Ended 29/A 4 https://www.mawazin.net/Details.aspx?jimare=176017
Dollar Exchange Rates In Local Markets Today
Market Economy News _ Baghdad The dollar exchange rates maintained their stability, today, Tuesday, in the local markets.
The selling prices of the dollar were 148.250 dinars per 100 dollars, while the purchase prices of the dollar were 147.750 dinars per 100 dollars.
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And the Central Bank of Iraq decided earlier to adjust the exchange rate of the dollar against the Iraqi dinar, as the purchase price of the dollar from the Ministry of Finance amounted to 1450 dinars, while the price of selling it to banks was set at 1460 dinars per dollar, while the selling price to the citizen is 1470 dinars per dollar. Views 126 Date Added 11/23/2021 https://economy-news.net/content.php?id=26840
The Bank's Sales Exceed $200 Million
Tuesday 23 November 2021 14:13 | economic Number of readings: 225 Baghdad / NINA / - The central bank's sales of the dollar rose, today, Tuesday, to record more than 200 million dollars.
And the Central Bank stated in a statement, “Its auction for buying and selling US dollars witnessed an increase in its sales by 3.55% to reach 204 million and 800 thousand and 417 US dollars, which was covered by the bank at a base exchange rate of 1460 dinars per dollar, compared to yesterday, Monday, in which sales amounted to 197 million and 357 thousand and $ 573 US.
I went most of the sales of the bank to boost assets abroad in the form of remittances and credits reaching 143 million and 840 thousand and $ 417, while gold remaining $ 60 million and 960 thousand dollars in cash.
the 27 banks to meet the requests for strengthening the assets in Abroad, including 18 banks to meet cash requests, in addition to 273 mediation companies./ https://ninanews.com/Website/News/Details?key=940698
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