KTFA:   Vietnam:

Henig:  Efforts underway to boost trade with UK

06:00 | 29/12/2022

(VEN) - Both capital and production technology of domestic enterprises remain modest, it is necessary to connect resources in order to help businesses efficiently take advantage of the UK-Vietnam Free Trade Agreement (UKVFTA), said Ngo Chung Khanh, Deputy Director of the Ministry of Industry and Trade’s (MoIT) Multilateral Trade Policy Department in a talk with Vietnam Economic News’ Hoa Quynh.

What is your assessment of the UKVFTA’s impact on UK-Vietnam trade?

We have seen that the UKVFTA has benefited both sides. The UK’s exports to Vietnam are increasing significantly, helping to balance the bilateral trade and at the same time enabling Vietnamese manufacturers to make use of more UK sources of raw materials, technologies and products to improve production capacity.

KTFA:

Clare:  In numbers, the central bank reserves increased by 46% of the foreign currency

12/29/2022

The Central Bank of Iraq achieved a value of assets amounting to about 200 trillion dinars during the month of November, with an annual increase of 36%.

The economist Manar Al-Obeidi said in a statement, which {Euphrates News} received a copy of, "The central bank's reserves amounted to 96 billion US dollars, an annual increase of 46%, and the value of the cash currency exported increased to reach more than 84 trillion Iraqi dinars, an annual increase of 10%.

And that, "depending on the value of reserves in foreign currencies, the value of the exported monetary currency, and the value of gold in the global markets."

KTFA:

Henig:  The prices of oil are close to $86 a barrel

Baghdad / NINA / - Before closing today, Tuesday, global oil prices approached the barrier of $86 a barrel.

Brent crude futures reached $85.82 a barrel, more than a dollar higher than yesterday's price.

US crude futures contracts reached $80.59, also higher by more than $1.   LINK

KTFA:

Clare:  A third of Parliament mobilizes.. The special session on the "dollar crisis" is approaching

 Baghdad

Today, Tuesday, Representative Muhammad Qutayba al-Bayati revealed the date of the special session on the dollar crisis in the Iraqi markets, indicating that the situation is dangerous and its consequences may be reflected in the markets and the economy in general.

Al-Bayati said in an interview with (Baghdad Today), that "so far, the total number of parliamentary signatures in support of holding an extraordinary session to discuss the dollar crisis file, after an unprecedented rise in exchange rates recently, has reached 100." deputies, and the numbers are constantly increasing.”

KTFA:

Henig:  Al-Rafidain Bank opens new branches soon to sell dollars to citizens

Baghdad / NINA /- Al-Rafidain Bank announced today, Sunday, the opening of new branches to sell dollar to citizens soon.

In a statement, it said, "New branches will soon be opened to sell dollar currency to citizens."

The bank added, "Citizens must issue MasterCard and submit official documents (civil status identity or national card, passport, housing card, and an active mobile phone number) for the purpose of granting the card and selling dollars to them."  LINK

KTFA:

Clare:  MP Al-Qaisi: The government is able to rein in the dollar at any moment it wants

 12-25-2022

Representative Mahmoud Hussein Al-Qaisi affirmed, on Sunday, that the government is able to rein in the dollar at any moment it wants.

Al-Qaisi said in a tweet via Twitter, "With the hundred billions stacked in the Central Bank's accounts, and with the tons of gold stored in them; in addition to the treasury bonds in the US Federal Bank, controlling the market is subject to a government decision capable of curbing the dollar at any moment the government wants." .

He added, wondering: "But when will you take this step!?".  LINK

KTFA:

Henig:  Al-Sudani stresses keenness to achieve economic integration with neighboring countries and the region

12/24/2022

{Local: Al Furat News} Prime Minister Muhammad Shia Al-Sudani affirmed today, Saturday, keenness to achieve economic integration with neighboring countries and the region.

A statement from his office, of which {Euphrates News} received a copy, stated that: “Al-Sudani received a delegation of journalists and media workers from various Egyptian media outlets, headed by the President of the Supreme Council for Media Regulation, the Egyptian Minister of Information, Karam Kamel Ibrahim, in the presence of the President of the Media and Communications Authority, and the President of the Union of Arab Journalists. Iraqi Journalists Syndicate.

KTFA:

Vietnam News:

Henig:  Vietnamese banks' ratings on a positive trajectory: Fitch Ratings

December, 23/2022

Stronger government support and operating environment have helped Vietnamese banks gain positive momentum, according to Fitch Ratings.

HÀ NỘI — Stronger government support and operating environment have helped Vietnamese banks gain positive momentum, according to Fitch Ratings.