.Zig’s Place Chatroom News Saturday 7-3-21

Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here

Butterfly Basra crude rose to $76 a barrel

Saturday 03 July 2021 11:11.........The price of Basra light and heavy oil rose on Saturday, in conjunction with the rise in international oil prices, and the prices of the OPEC basket before its closure.

The prices of Basra Light crude, exported to Asia, recorded $75.68 per barrel, an increase of 0.13%, and heavy crude rose to $71.19 per barrel, an increase of 1.12%.

Basra Light oil recorded the highest prices compared to other OPEC countries, where the price of Saudi light oil reached $74.83 a barrel, while the price of Iran Heavy Blend reached $69.70, the United Arab Emirates Murban Blend reached $73.78 a barrel, and Algeria’s Sahran Blend recorded $74.12 a barrel, while Bonny Light Nigerian $74.16, Angolan Girasole $74.45.

International oil prices rose, with Brent crude closing at $76.17, and West Texas crude at $75.16 a barrel.

.Zig’s Place Chatroom News Friday PM 7-2-21

Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here

NORV (Kaperoni) Increasing economic difficulties as a result of Corona and the emergence of new strains opens the door to the option of floating the Iraqi dinar.

The recent devaluation of the Iraqi currency has fueled fears that the step will be a prelude to a full floatation of the dinar, but experts believe that the financial reality prevents the liberalization of the exchange rate due to the nature of the rentier economy and the lack of diversity of funding sources, as well as the presence of one player in the equation of supply and demand control, which is the central bank

.Zig’s Place Chatroom News Friday AM 7-2-21

Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here

butterfly For the first time since the invasion of Kuwait, the electrical power system collapsed throughout Iraq

2021-07-02 For the first time since the invasion of Kuwait the electrical power system collapsed throughout IraqWasted energy 98% or 15,000 megawatts. The remaining power is only 3000 megawatts in Baghdad and other governorates, according to informed sources. The reasons are not yet known..The most affected is the oppressed Iraqi citizen who is facing scorching temperatures in the fifties.

The disaster understands, and the Ministry of Oil refuses to provide the Ministry of Electricity with fuel. The Islamic Republic of Iran, the first exporter of electricity to Iraq, has stopped exporting it due to the bombing of power transmission lines by the US-backed ISIS

.Zig’s Place Chatroom News Thursday PM 7-1-21

Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here

Butterfly The first of its kind in Iraq..Oil Signing the "Green Loan" with the International Finance Corporation

Thursday 01 July 2021 21:34......The Ministry of Oil announced today, Thursday, the signing of the "green loan" with the International Finance Corporation, which is the first of its kind in Iraq.

The ministry said in a statement, "It is a great achievement achieved by our distinguished partnership in Basra Gas Company by signing the first vital agreement with the International Finance Corporation to obtain a loan that does not require any guarantees from shareholders, the first "green loan" in Iraq's history."

.Zig’s Place Chatroom News Thursday AM 7-1-21

Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here

Butterfly A scientific study at the University of Karbala discusses the impact of the dollar exchange rate on achieving banking stability

Thursday 01 July 2021 13:45.......The College of Administration and Economics at the University of Karbala discussed the scientific study entitled "The role of the exchange rate in achieving banking stability (Iraq Case Study 2010-2019)". The study presented by the student Saif Muhammad Reda Al-Asadi aims to examine the role of the exchange rate in achieving banking stability in Iraq and its impact on the national economy.

.Zig’s Place Chatroom News Wednesday AM 6-30-21

Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here

butterfly 2021-06-30 07:41 Shafaq News / the Central Bank of Iraq on Tuesday, announced a decrease in the foreign currency exchange.

Shafaq News Agency correspondent said that the foreign currency auction of the Central Bank of Iraq recorded a 10.55 % decrease to 212,727,879 dollars which the bank covered at an exchange rate of 1460 dinars per dollar.

He added that the sales operations were in the form of wire transfer and credits (178,117,879 $) and cash money (34612000 dollars).

.Zig’s Place Chatroom News Tuesday PM 6-29-21

Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here

Dave DAng......Pacific Northwest has broken historical RECORD TEMPS for days......with humidex.......over 120 degrees in many regions........most folks do not have central AC.......ouch!

butterfly RECORD breaking records Dave . Now think of living in Iraq without any a/c.

Dave butterfly make one GRUMPY?????

.Zig’s Place Chatroom News Tuesday AM 6-29-21

Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here

Sandyf @Dave nor can one exchange iqd at any forex kiosk - As an Art 14 currency the IQD is a non convertible currency and would not be recognised by international exchange facilities. That does not mean it cannot be used for trade under bilateral arrangements.

If Iraq were to adopt the obligations of Art 8 then the currency would become partially convertible and as such Iraq would be obliged to redeem the currency. It would then be recognised by the exchange facilities. Under normal circumstances only fully convertible currencies are used for international trade.

.Zig’s Place Chatroom News Monday AM 6-28-21

Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here

Butterfly A continuous decline in the price of the dollar on the main stock exchange …..Monday 28 June 2021 11:07.............The exchange rates of the US dollar fell against the Iraqi dinar, today, Monday, on the main stock exchange.

The price of the dollar on the Central Kifah and Al-Harithiya Stock Exchange in Baghdad recorded 147,100 Iraqi dinars for every 100 US dollars. And the Central Kifah Stock Exchange recorded, during its opening yesterday, Sunday, 147,300 Iraqi dinars, compared to $ 100.

butterfly Oil prices are falling, and Brent is stable at $ 75.25 a barrel

.Zig’s Place Chatroom News Late Sunday PM 6-27-21

Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here

Butterfly During a lunch that brought together Sisi and King Abdullah.. Barham Salih: Iraqi-Egyptian-Jordanian cooperation is a turning point towards prospects for peace and development in the region and in response to the challenges of regional and international situations

Sunday 27 June 2021 18:49 ,,,,,,,,,,,,,,, The President of the Republic, Barham Salih, hosted today, Sunday, a lunch banquet in honor of Egyptian President Abdel Fattah El-Sisi, King and Jordanian King Abdullah II.

.Zig’s Place Chatroom News Sunday 6-27-21

Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here

butterfly Police Officers successfully Complete e-Learning Courses,,,,,,,,27th June 2021 in Iraq Education and Training News, Security,,,,,,,,,,,,,,,,,,First Iraqi police officers successfully complete UNDP's e-learning courses

"This is the most valuable and scientific learning and training course I have ever had in my career as a police officer, in policing in general, and homicide investigating and e-learning in particular, thanks to a dedicated team of UNDP professionals and efficient trainers, for explaining international experience, and simulating real life situations on the use of IT and forensic technology." says a participant describing UNDP's new e-learning platform.