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Iraqi News Highlights Monday Evening 8-28-23

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Representative Hussein Moanes Stresses The Need To Put An End To The Window For Selling The Currency

Information / Baghdad..  A member of the Parliamentary Finance Committee, Hussein Moanis, stressed, on Sunday, the need to put an end to the window for selling currency in Iraq, describing it as the one-eyed American policeman.  “The three reform packages launched by the Central Bank of Iraq have proven their failure in the context of limiting the turmoil of the dollar market,” Moanis said in a statement received by Al-Maalouma.

He added, “The reform packages, and after their failure, it has become necessary to put an end to (the window for selling the currency), because

it has become just (a one-eyed American policeman who sees nothing but Iran), which made the central bank not trusted with monetary policy in the country.” ended 25 nالنائب-حسين-مؤنس-يشدد-على-ضرورة-وضع-نهاية-لنافذة-بيع-العملة

Drought Strikes The Symbol Of The Largest Iraqi Currency

Kurdistan     Kurdistan Region     Drought     falls  2023-08-27 08:33  Shafaq News / The local administration in Qusri district of Joman district, north of Erbil Governorate in Kurdistan Region announced, on Sunday, that there has been a drought in the “Kani Best” waterfall, whose image is printed on the Iraqi banknote of 50,000 dinars.

The director of Qusri district, Shakhwan Hussein, explained to Shafaq News agency, “The reasons for the drought are due to the farmers cutting off the flow of the waterfall’s water to irrigate their agricultural lands and orchards,” noting that “this drought occurs only in the summer, due to the increase in water use during this period.”

Hussein added, “The waterfall located in the village of Wardi, which belongs to the Qusri district, is an important tourist destination, as many visitors and tourists come to enjoy its beauty and splendor.”

The director of the district confirmed that the image that embodies the waterfall, which has a height of more than 35 meters, was used in designing a banknote worth 50,000 Iraqi dinars, which represents part of the natural and cultural heritage of the region.كوردســتانيات/الجفاف-يضرب-رمز-كبر-عملة-عراقية-صور

Central Bank Sales Amounted To More Than 195.4 Million Dollars

Economy News-Baghdad  Today, Monday, the sales of the Central Bank of Iraq in the foreign currency sale window amounted to more than 195.4 million dollars.

The Central Bank’s website published a schedule of its dollar sales, and “Al-Iqtisad News” reviewed it, as it included the participation of 26 banks and 57 exchange companies, and covered external transfer requests of $170.4 million, while cash requests amounted to more than $25 million.

And the Central Bank of Iraq sells the dollar for documentary credits and international settlements of electronic cards at a price of 1305 dinars per dollar, per dollar for documentary credits and international settlements of electronic cards and at a price of 1310 dinars per dollar for external transfers and at a price of 1310 dinars per dollar in cash. Views 47  08/28/2023

12.5 Billion Dollars, The Value Of Trade Exchange Between Iraq And India In Half A Year

Money  and business   Economy News-Baghdad  Trade exchange between Iraq and India reached $12.5 billion during the 6 months of the current year 2023.

According to the Global Trade Research Initiative (GTRI) analysis, “India’s foreign trade (exports and imports of goods and services) amounted to US$800.9 billion during January-June 2023, which is a decrease of 2.5 percent compared to the same period last year (January-June-2020). June 2022).

India’s exports with 41 countries exceed USD 1 billion as these countries account for 87 per cent of India’s exports. India’s exports have grown positively in 12 of these countries and decreased in 29 countries.

During January-June 2023, India’s trade with China (US$38.1 billion), Russia (US$29.6 billion), Saudi Arabia (US$12.9 billion), Iraq (US$12.5 billion) and Switzerland (US$7.5 billion) .

Views 36   Added 08/28/2023 –

Dollar Prices Are Rising In Baghdad Markets

Economy   Monday, August 28, 2023 Baghdad / National News Center  Today, Monday, the exchange rates of the US dollar against the Iraqi dinar recorded an increase in the Baghdad Stock Exchange.

The selling prices in exchange shops in the local markets amounted to 154,250 dinars per 100 dollars, while the purchase price amounted to 152,250 dinars per 100 dollars.

The President Of The Republic Ratifies The Retirement And Social Security Law

Political  |08/28/2023   Baghdad – Mawazine News   The President of the Republic, Abd al-Latif Rashid, ratified the Retirement and Social Security Law.

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