Iraqi News Highlights Monday Evening 2-6-23
Tlm724 Administrator Bondlady’s Corner
The Central Bank Completes Its Study On Reducing The Exchange Rate Of The Dollar And Presents It To The Sudanese
Economie| 02:53 – 06/02/2023 Baghdad – Mawazine News An official source revealed, on Monday, that the Central Bank had completed its study on reducing the exchange rate of the dollar and submitted it to the Prime Minister. The official news agency quoted the source as saying, “The central bank has completed its study on reducing the exchange rate of the dollar and submitted it to Prime Minister Muhammad Shia’a al-Sudani.”
And the Governor of the Central Bank, Ali Al-Alaq, announced, yesterday, Sunday, that a second package will be issued in the middle of this month to control the exchange rate, while confirming that there are no internal or external restrictions on external transfer or cash sale of dollars. Ended 29/N33
Advisor To The Prime Minister: The Exchange Rate Of The Dollar Will Be Reduced In Accordance With The Proposal Of The Central Bank
political| 03:28 – 06/02/2023 Baghdad – Mawazine News, Advisor to the Prime Minister, Diaa Al-Nasseri, confirmed, on Monday, that the exchange rate of the dollar will be reduced, according to the proposal of the Central Bank.
Al-Nasseri said in a tweet on Twitter, followed by Mawazine News, that “the exchange rate of the dollar will be reduced, according to a proposal submitted by the Central Bank of Iraq to Prime Minister Muhammad Shia’a al-Sudani.” https://www.mawazin.net/Details.aspx?jimare=218572
The Minister Of Transport Directs Dealing In Dinars Instead Of Dollars By Cutting Travel Tickets For Citizens
Economie| 02:09 – 06/02/2023 Baghdad – Mawazine News, Minister of Transport, Razzaq Muhibis Al-Saadawi, directed, on Monday, to deal with issuing tickets for travelers in dinars instead of dollars.
And the Ministry of Transport stated in a statement, that, “Based on the directives of Prime Minister Muhammad Shiaa al-Sudani, Minister of Transport, Razzaq Muhibis al-Saadawi, directed all the ministry’s formations, especially the Iraqi Airways General Company, to deal with ticket sales for travelers in Iraqi dinars instead of dollars in support of the national currency.”
Al-Saadawi stressed, “Obligating all the formations of the ministry, and in particular the general company of Iraqi Airways, to deal in dinars and at the rate of the Central Bank of Iraq.”
He warned that “violators of directives and reform measures to address the dollar crisis will expose themselves to legal accountability,” calling on citizens to “report any violation in this regard.” Ended 29/N33 https://www.mawazin.net/Details.aspx?jimare=218563
Oil Prices Rose After Sharp Losses Last Week
Economie| 09:07 – 06/02/2023 Follow-up – Mawazine News Oil prices rose in early Asian trading, Monday, after falling nearly 8 percent last week to their lowest level in more than three weeks, after worries about major economies overshadowed signs of recovery in demand in China, the world’s largest oil importer. Brent crude futures rose 16 cents, or 0.2%, to $80.10 a barrel at 04:22 GMT.
Likewise, US West Texas Intermediate crude futures rose 15 cents, also up 0.2%, to $73.54 a barrel. Ended https://www.mawazin.net/Details.aspx?jimare=218531
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