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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 | Economic Number of readings: 291 Karbala / NINA / 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.
The study dealt with the importance of the exchange rate as one of the means through which to achieve the monetary policy objectives represented in reaching monetary stability in any national economy.
It showed that the central bank, through the exchange rate channel, can maintain the general level of prices and the level of income within the economy, and controls the level of exports and imports by controlling the exchange rate and the amount of currency sold at auction 2019 )
Toouselt study to a number of conclusions , notably that there is a positive correlation between the window exchange rate and some banking stability indicators, there is no correlation with the rest of the indicators,
and recommended the need to study the role of monetary policy of the Central Bank of Iraq can influence through it on the increase in the banking sector Banking stability and it has to increase monetary stability, maintain the official exchange rate, as well as the need to monitor the flow of foreign currency to eliminate money laundering and currency smuggling. / https://ninanews.com/Website/News/Details?key=913168
Al-Kazemi: We Seek To Attract Investors And Secure An Optimal Investment Environment By Facilitating All Procedures Related To Investing In Iraq
Thursday 01 July 2021 17:13 | political Number of readings: 98 Baghdad / NINA / – Prime Minister Mustafa Al-Kazemi affirmed that the government seeks to attract investors and secure an optimal investment environment by facilitating all procedures related to investment in Iraq.
And during his meeting with the President of the European Parliament, David Sassoli, at the Parliament headquarters as part of his visit to the Belgian capital, Brussels, Al-Kazemi said: “Iraq aspires to build distinguished relations with all European Union countries, in a way that helps Iraq overcome its crises, supports security and stability in the Middle East, as well as supports the role Iraq is pivotal in defusing crises in the region.
Al-Kazemi said: “He is counting on developing the relations of the European Parliament with the Iraqi Parliament, in the field of exchanging legislative experiences, promoting a culture of human rights, defending minorities and consolidating democracy.”
Al-Kazemi also stressed in his meeting that the Iraqi government is continuing to implement economic reforms, diversify investment and revive stalled projects, as it seeks to attract investors and secure an optimal investment environment by facilitating all investment-related procedures.
He stressed that the government has made significant progress in combating terrorism and uprooting its roots, as well as confining weapons to its hands by supporting the security forces and restoring confidence between them and society, to address its role in confronting terrorism, uncontrolled weapons and crime gangs.
He affirmed the government’s aspiration for European support in mobilizing the international effort to support the issue of mass graves and the missing people left behind by ISIS through organized mass killing campaigns, and joint work with the relevant Iraqi and international bodies. Iraq also looks forward to the European Union’s support for its efforts to secure the stability of the liberated areas, from Through the provision of humanitarian aid and the promotion of stability and reconstruction.
For his part, the President of the European Parliament, Mr. David Sassoli, welcomed the Prime Minister and his accompanying delegation, and affirmed the European Parliament’s support for all government steps aimed at reform, and everything that would enhance security and stability in Iraq and the region./End of 7 https://ninanews.com/Website/News/Details?key=913203
A Slight Increase In The Exchange Rates Of The Dollar In The Local Markets
Economie| 10:20 – 01/07/2021 Baghdad – Mawazine News The dollar exchange rates recorded, Thursday, a slight increase in the main stock exchange and local markets in the capital, Baghdad.
And the correspondent of “Mawazine News” in the capital stated, “The exchange rate of the dollar on the Central Kifah Stock Exchange in Baghdad, recorded 147.250 dinars, for each paper denomination of 100 dollars.
Our correspondent added, that the prices of buying and selling the dollar in exchange offices and local markets in Baghdad, recorded relatively stable. Where the selling price was 147,500 dinars, for each banknote of 100 dollars, while the purchase price amounted to 146.500 dinars, for each banknote of 100 dollars. https://www.mawazin.net/Details.aspx?jimare=158996
Announcing Investment Projects In The Port Of Faw And The Marshes
Economie| 02:14 – 01/07/2021 Baghdad – Mawazine News The Parliamentary Services and Construction Committee announced, on Thursday, investment projects in the port of Al-Faw and the marshes, while noting that it was agreed to complete the project to rehabilitate the marshes.
Committee member Jassem Al-Bakhti said, “There is a group of investment projects for housing, tourism and investment that will be launched in the Faw port,” noting that “the projects include the completion of the Korean Daewoo project, which consists of 5 berths and a group of roads, as well as an electric power project, tourist hotels and areas. Residential and recreational.
He added that “tourist projects in the governorates are mostly suspended,” noting that “the marshes are one of the idle resorts in the province of Dhi Qar and need to organize operations and provide services to attract visitors.”
Al-Bakhti called, “The Ministry of Construction and Housing and the Investment Authority to provide roads and real investment projects that are compatible with the size of the Chabayish marshes and their large area,” noting that “the Chabayish marshes city project began work and stopped due to the lack of vision and planning.”
He stressed that “the obstacle to completing the project is the obsolescence of the roads that connect to those areas,” noting that “it was agreed to find solutions for them and complete the project.” Ended 29/A43 https://www.mawazin.net/Details.aspx?jimare=159029
Iraq Announces A Statistic Of Its Revenues And Exports For The Past Month
Economie| 12:57 – 01/07/2021 Baghdad – Mawazine News The Ministry of Oil announced, on Thursday, a statistic of Iraqi oil revenues and exports during the month of June.
The ministry stated in a statement that Mawazine News received a copy of it, that “the revenues of last June amounted to (6) billion (141) million and (77) thousand dollars.”
She added that “the amount of exports amounted to (86) million (765) thousand and (589) barrels.”
And the ministry added, “The daily export rate reached (2) million and (892) thousand barrels.”
And it indicated, that “the average price per barrel amounted to (70,778) dollars.”
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