Bondlady’s Corner

Iraqi News Highlights Tuesday Afternoon 3-7-23

Tlm724 Administrator Bondlady’s Corner

The Central Bank’s Sales Of The Currency Selling Window Increased By 25.4%

Economy News – Baghdad Sales of the Central Bank of Iraq, in the foreign currency sale window today, Tuesday, increased by 25.4% compared to yesterday, Monday.

Today, the Central Bank sold $216.7 million, of which $153.6 million were remittances and letters of credit, while its cash sales amounted to $63.1 million.

According to the Central Bank of Iraq website, the number of banks that participated in meeting cash requests amounted to 16 banks, while the number of banks participating in meeting requests for strengthening balances abroad reached 23 banks.

Iraq Records An Increase In The Monthly Inflation Rate By 3.6%

Economy| 11:36 – 07/03/2023  Baghdad – Mawazine News  The Ministry of Planning announced, on Tuesday, that it had monitored an increase in the inflation rate during the month of January, at a rate of 3.6%, compared to the last month of 2022

. The Central Statistical Organization teams, through its follow-up of the price movement in the Iraqi local markets in all governorates, recorded changes in the inflation rate during the aforementioned month.

He explained, “The increase in the monthly average was affected by the increase in a number of commodity totals, as the prices of the transport department witnessed an increase of 7.7%, and the restaurants department recorded an increase in its prices by 6.7%, while the supplies and equipment department increased its prices by 4.2%, and the department of restaurants increased by 4.2%. Miscellaneous goods and services increased by 3.9% as a result of the increase in gold prices without wording, and the prices of food and non-alcoholic beverages increased by 3.8%.

Regarding the annual inflation rate, the statement stated that it “recorded an increase of 7.2%, compared to the first month of last year 2022,” noting at the same time that “the monthly inflation rate during the last month of 2022 (December) had increased by 0.3%. Ended 29/N33

The Prime Minister Confirms The Government’s Keenness To Strengthen Relations With The United States Of America

Today, Tuesday, Prime Minister Mohamed Shia Al-Sudani affirmed the government’s keenness to strengthen relations with the United States of America.

The media office of the Prime Minister stated in a statement, “Prime Minister Muhammad Shia’a Al-Sudani received US Secretary of Defense Lloyd Austin and his accompanying delegation.”

He added, “During the meeting, they reviewed the joint cooperation between Iraq and the United States of America, and the performance of the Iraqi security forces in combating terrorism and pursuing ISIS terrorist gangs.”

During the meeting, Al-Sudani affirmed, “the government’s keenness to strengthen and consolidate relations with the United States of America, at various levels and levels,” pointing to “the government’s approach to pursuing balanced relations with the regional and international environment based on common interests and respect for sovereignty.”

He stated that “Iraq’s stability is a key to the security and stability of the region,” pointing to “Iraq’s role in converging views and reducing tensions in the region.”

For his part, the US Secretary of Defense affirmed, “his country’s commitment to supporting the stability of Iraq, and looking forward to consolidating relations between the two countries and developing their partnerships in various fields.” .


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