Bondlady’s Corner

Finance Circulates New Prices For The Sale Of Currency To The Directorates Of Customs

Friday 10 February 2023 14:33 | Economical Number of readings: 222   Baghdad / NINA / The Ministry of Finance circulated the new prices for selling currency to all customs directorates.

Last Tuesday, the Council of Ministers approved reducing the exchange rates of the dollar to become as follows:   (1300) dinars per dollar, the price of buying a dollar from the Ministry of Finance

(1310) dinars per dollar, the price of selling dollars to banks through the electronic platform

(1320) dinars per dollar, the price of selling dollars in Banks and non-bank financial institutions for the final beneficiary./End 8

By More Than 150 Thousand Dinars.. The Dollar Exchange Rates Increased In Iraq

Economie| 09:59 – 10/02/2023   Baghdad – Mawazine News  The exchange rates of the dollar witnessed, on Friday, an increase in the local markets in Iraq.

The selling price of the dollar was recorded at 151,000 dinars per 100 dollars, while the buying price of the dollar was 150,000 dinars per 100 dollars.

And the Central Bank of Iraq decided earlier to adjust the exchange rate of the dollar against the Iraqi dinar, as the price of buying a dollar from the Ministry of Finance reached 1,300 dinars per dollar. Ended 29

Al-Rafidain Sets The Ceiling For Selling Dollars At The Baghdad Airport Outlet

Economie| 08:26 – 10/02/2023   Baghdad – Mawazine News, Al-Rafidain Bank set, on Friday, the ceiling for selling dollars at the Baghdad airport outlet.

The bank said in a statement, which Mawazine News received a copy of, that “the upper ceiling for selling dollars at the bank’s outlet at Baghdad International Airport amounted to 7,000 thousand dollars, at the official price set by the Central Bank 1320.”

Member Of Parliamentary Finance: The 2023 Budget Will Exceed 200 Trillion Dinars

Money and business  Economy News – Baghdad A member of the Parliamentary Finance Committee, Representative Nermin Maarouf, confirmed, on Friday, that the size of the 2023 budget amount exceeds 200 trillion dinars.

Maarouf said, “The recent changes and the reduction of dollar prices disrupted or delayed sending the budget from the government to Parliament,” indicating that “the price of the dollar in the budget has not been determined yet after the government approved reducing its price and circulation to 1,300 dinars per dollar.”

And she added, “Changing the price of the dollar and its official approval will determine the budget deficit and its amount, if any, and we are awaiting the official approval of the dollar price in the next budget.”

“The volume of the 2023 budget exceeds 200 trillion dinars, and it is awaiting the arrival of the budget to parliament and discussing its doors in detail,” Maarouf said in an interview with “Shafaq News” agency, followed by “Al-Iqtisad News”.

The Iraqi Delegation In Washington: Government Measures Aim To Reform The Banking System

Money and business  Economy News – Baghdad The Iraqi delegation, headed by Foreign Minister Fouad Hussein, who is currently in the US capital, Washington, confirmed today, Friday, that the government’s measures aim to reform the banking system.

Foreign Ministry spokesman Ahmed Al-Sahhaf said in a statement, “Deputy Prime Minister and Foreign Minister Fuad Hussein and his accompanying delegation met with US Deputy Secretary of the Treasury Wali Adimo, Assistant Secretary of the Treasury Elizabeth and senior ministry officials concerned with Iraq and the Middle East,” pointing out that “during The meeting discussed issues of common interest and bilateral cooperation between the two countries.

The Iraqi delegation indicated, according to the statement, that “the measures of the government and the central bank in developing and reforming monetary policy, and the government’s priority in promoting investment and trade, diversifying energy sources, and facing current challenges at the monetary and banking levels, and what these measures reflect in terms of reforming the banking system by combating corruption and money laundering, and the importance of The continuation of technical meetings between specialists in this aspect.

Washington’s Visit Will Give Iraq More Flexibility In Dealing With The Federal Bank

Economist To / Nina /: Friday 10 February 2023 11:41 | Economical Number of readings: 326  Baghdad / NINA / – The expert in economic affairs, Raad Twij, confirmed today, Friday: “The visit of the Iraqi delegation to Washington is of utmost importance to the country’s economy.”

Twigg said in a statement to the National Iraqi News Agency / NINA /: “The visit of the Iraqi delegation to the United States is of the utmost importance, and financial and banking issues are the essence of the discussions,” stressing that this visit will contribute to Iraq obtaining greater flexibility in dealing with the Federal Reserve in its procedures with Iraqi banks. .

He explained: “Iraqi banks need enough time to comply with international standards in financial transfers, taking into account the financial needs of Iraq, and giving Iraq the necessary freedom to withdraw the necessary amounts from its funds in its account with the Federal Reserve.”

He pointed out: “The current negotiations set the future features of financial dealings between the two countries,” indicating: “The compromise will be the most likely nature of the negotiations.”/ End 8 To

Washington: We Are Working To Strengthen The Iraqi Economy And Reintegrate It Into The Region

Foreign Minister Fuad Hussein confirmed that Iraq will continue to work with Washington, on the basis of building our economy.

“We thank the United States for supporting Iraq in its war against ISIS,” Hussein said, in a speech during a joint press conference with his American counterpart, Anthony Blinken, stressing that “we will continue to work together on the basis of building our economy.”

In turn, Blinken said: “We are working to strengthen the Iraqi economy and reintegrate it into the region, and this comes within the framework of the strategic framework agreement that connects the two countries,” noting: “Now we are focusing very intensively on the economic dimension of that agreement.”

He continued, “There will be a special focus on energy and electricity in the strategic framework agreement,” noting that “Iraq can and must be independent in the field of energy.”

He pointed out that “the American president had a very good conversation with Prime Minister Muhammad Shia’ al-Sudani a few days ago, stressing” moving forward with the prime minister to strengthen the strategic partnership that unites Iraq and the United States.

Oil Prices Fell For The Second Consecutive Session

Economie| 10:51 – 10/02/2023   Baghdad – Mawazine News  Oil prices fell for the second consecutive session, today, Friday, amid concerns about the possibility of a recession in the United States and hopes for a recovery in demand for crude in China.

By 10:23 Baghdad time, US West Texas Intermediate crude futures fell 0.24% to $77.87 a barrel.

While Brent crude futures fell by 0.12% to $84.40 a barrel, according to Bloomberg agency data.

And the black gold contracts closed yesterday at $ 84.50 a barrel for “Brent” crude, and at $ 78.06 a barrel for American crude. Ended 29 / h


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