Iraqi News Tuesday AM 12-21-21
Iraqi News Tuesday AM 12-21-21
TLM724 Administrator BondLady’s Corner
Decreased Central Bank Sales Of Hard Currency
Economie| 02:47 - 21/12/2021 Baghdad - Mawazine News The Central Bank of hard currency sales recorded, on Tuesday, a significant decline in the currency auction for today.
And the Central Bank auction for the sale and purchase of foreign currencies witnessed a decrease in its dollar sales by 1.52% to reach 195 million and 339 thousand and 350 dollars, which the bank covered at a base exchange rate of 1460 dinars per dollar.
Most of the bank's sales went to enhance balances abroad in the form of remittances and credits, amounting to 147 million and 29 thousand and 350 dollars, while the remaining amount of 48 million and 310 thousand dollars went in cash.
This has been 26 banks to fulfill requests to enhance balances abroad, 18 banks to meet cash requests, in addition to and 218 intermediary companies. https://www.mawazin.net/Details.aspx?jimare=179184
During The Past Month, The Monthly Inflation Rate Rose In Iraq
Economie| 02:07 - 21/12/2021 Baghdad - Mawazine News The Ministry of Planning announced, on Tuesday, a rise in the monthly inflation rate for the month of last November by 0.5% and an annual increase of 8.4 percent.
In a statement received by Mawazine News, the Ministry's Central Statistics Agency said that "the inflation rate for the month of November increased by (0.5%), compared to the previous month of October," noting that "the annual inflation rate for the month of November 2021 compared to the same The period from last year 2020, witnessed an increase of (8.4%).
He added, "The Central Bureau of Statistics, through the Index Numbers Section, prepares a monthly report on consumer price indices, which includes field follow-up of price variables, for more than (333) goods and services in all governorates, representing (88%) of the volume. The total expenditure of the Iraqi family on goods and services.
He pointed out that "the commodity totals, which were the highest in monthly prices for November compared to October of the year 2021, recorded a 3.7 percent increase in the miscellaneous goods and services department, and the clothing and footwear department recorded a 2% increase due to an increase in the footwear group by 2.6 percent and clothing by 2.6 percent. 19%".
He pointed out that "the department of home furnishings and equipment increased by 1.1%, due to an increase in household appliances by 1.2% and the furniture group by 0.9%." Ended 29/A 4
https://www.mawazin.net/Details.aspx?jimare=179181
The Central Bank Offers The Second Issue Of Government Bonds
Market Economy News _ Baghdad The Executive Director of the Iraq Stock Exchange, Taha Abdel Salam, announced, on Tuesday, that the Central Bank of Iraq issued the second issuance of government bonds, "construction bonds" worth 2 trillion dinars.
The Executive Director of the market said in a news article published on the social networking page “Facebook” and followed by “Al-Iqtisad News”, that the Central Bank has launched the second issue of government bonds, “construction bonds” with a value of 2 trillion dinars, after the success of marketing the first issue by the bank, which will be listed. and traded in the Iraq Stock Exchange.
He added that the new issue is offered for public subscription as of December 20, 2021 through the Iraqi banking system, with the same mechanism of the Central Bank of Iraq issued in the book No. 6/6/2916 on 10/24/2021 and the subscription ends on January 19, 2022.
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Finance Launches The Second Issue Of Construction Bonds
Economie| 01:51 - 21/12/2021 Baghdad - Mawazine News The Ministry of Finance directed the Public Debt Department, in cooperation with the Central Bank, today, Tuesday, to launch the second issue of construction bonds tradable in the stock market.
The ministry said in a statement received by Mawazine News that "this step comes after the success of the first issue of bonds that contributed to financing economic development operations and supporting investment projects, in addition to the increasing demand by citizens."
She added, "The bonds will be available for trading for a period of one month, and the categories of bonds offered for trading are:
1- A bond of class (500,000) five hundred thousand dinars with an annual interest of 6% for two years.
2- A bond of class (1,000,000) one million dinars with an interest of 7% for a term. 4 years
The ministry called on "citizens wishing to purchase to submit their applications through authorized banks for the purpose of taking advantage of the investment opportunity."
https://www.mawazin.net/Details.aspx?jimare=179178
Al-Kazemi Announces The Launch Of The Process Of Preparing Land Bonds: It Includes 84 Thousand Pieces
Politica l| 05:09 - 21/12/2021 Baghdad - Mawazine News, Prime Minister Mustafa Al-Kazemi announced the launch of the process of preparing bonds for lands that will be distributed to citizens within the Dari Residential Initiative.
Al-Kazemi said in the cabinet session today, Tuesday, that "84,000 initial bonds will be granted to citizens who registered on the Dari Initiative website, and obtained the highest points."
He added, "We pledged to distribute the lands and fulfilled this promise, and I thank the Ministry of Construction, Housing and Municipalities, all supporting authorities, and the Prime Minister's Office for completing this work." https://www.mawazin.net/Details.aspx?jimare=179207
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