Bondlady’s Corner

Iraqi News Highlights Saturday Afternoon 2-4-23

Tlm724 Administrator Bondlady’s Corner

Alia Nassif: The Economic War Is One Of The Difficult Challenges For The Government, And It Will Prevail

Saturday 04 February 2023 10:51 | political Number of readings: 413  Baghdad / NINA / – The representative of the State of Law Coalition, Alia Nassif, called on the public, political forces, and the cultural and media circles to support the Iraqi dinar and support strict government efforts to limit tampering with the people’s livelihood, expecting a continued decline in the exchange rate of the dollar against the dinar with the continuation of the security campaign to pursue currency smugglers and perpetrators of laundering crimes. funds.

And she said in today’s statement: “One of the most important reasons behind (the deliberate and artificial rise) of the exchange rate of the dollar in the markets and stock exchanges is the destructive role of currency speculators, dollar smuggling groups, and money laundering mafias. With the state declaring war on these, the price of the dollar fell and will continue to decline rapidly.” Indicating: “This economic war is one of the difficult challenges facing the current government, and it must be victorious.”

Nassif called on all political forces, the masses, cultural and media circles, activists and bloggers to “support the Iraqi dinar and support strict government efforts to limit manipulation of the exchange rate of the dollar against the dinar and block the way for those who tamper with the Iraqi people’s strength.”/ End 9 To

Al-Mandalawi: We Support Al-Sudani’s Efforts Through Understanding And Dialogue With The US Treasury

Political | 05:30 – 04/02/2023  Baghdad – Mawazine News, First Deputy Speaker of the House of Representatives, Mohsen Al-Mandalawi, affirmed today, Saturday, the House of Representatives’ support for the efforts of Prime Minister Muhammad Shia’a Al-Sudani regarding controlling the work of banks.

Al-Mandalawi said in a tweet, followed by Mawazine News, “We support all efforts and measures taken by Prime Minister Muhammad Shia’a al-Sudani, through understanding and dialogue with the US Treasury on transfer mechanisms, as well as controlling the work of banks and exchange companies, in addition to providing all basic food commodities at reduced prices.” Ended 29/AD 99

Al-Halbousi: The Exchange Rate Will Return To Normal

Political | 05:28 – 04/02/2023   Baghdad – Mawazine News , Parliament Speaker Muhammad al-Halbousi confirmed, today, Saturday, that the exchange rate will return to its normal state.

Al-Halbousi said in a tweet, which was followed by Mawazine News, “It is not the first time that exchange rates have witnessed changes accompanying legal and regulatory procedures of the Central Bank that are in line with the requirements.” and monetary policies aimed at regulating the movement of foreign exchange and preventing smuggling of hard currency.

Al-Halbousi added, “There is no concern or fear, according to the positive indicators of the Iraqi economy, and in light of the growing cash reserves and the level of revenues achieved, which is the highest compared to previous years.”

And he continued, “The exchange rate will return to its normal position in conjunction with the tight procedures of the Central Bank and the supportive government efforts to control circulation, prevent manipulation and smuggling, and maintain its stability.” Ended 29 / m 99

Association Of Banks: Central Bank Actions Will Contribute To The Stability Of The Dollar Exchange Rate

Economie| 11:45 – 04/02/2023   Baghdad – Mawazine News  The Iraqi Private Banks Association confirmed today, Saturday, that the package of new measures issued by the Central Bank of Iraq will contribute to the stability of the dollar exchange rate against the dinar.

And a statement by the Association, received by Mawazine News, said, “The Association of Iraqi Private Banks, through its members from the banks, supports government efforts and a package of new measures issued by the Central Bank of Iraq to facilitate international trade financing, which contributes to raising the value of the Iraqi dinar against the dollar, directly and gradually. Providing materials and goods in the local market.

The statement indicated, “The new package of measures issued by the Central Bank of Iraq, to facilitate the financing of international trade, and to organize its work in accordance with international requirements, will contribute to the stability of the exchange rate, and reduce the parallel market and illegal transfers.”

And he continued, “Private banks are ready to implement all the instructions of the Central Bank, because they have the necessary infrastructure, and in compliance with the instructions by opening accounts and providing official documents for the import of goods, by the various categories, including companies and simple companies registered in the chambers of commerce, owners of laboratories, factories, agricultural and investment projects, in addition to To scientific offices and companies in the Kurdistan region.

The Association called on the business sector and merchants to “deal with banks directly by opening accounts, bank credits, and fundamental transfers, and taking advantage of the advantages and official exchange rates, without an intermediary or third party, or using unlicensed channels and exchange, as the transfer process will take place after verifying the fundamental requirements and verifying Lists of bans and penalties.

And she pointed out that “the banking sector is determined to implement this package of decisions in a smooth and easy way, simplify procedures within the controls and expand the network of dealing with merchants, especially through all branches in the governorates, in addition to intensifying awareness campaigns for the public on account opening mechanisms and external transfer controls.” Ended 29/N33

Exchange Rates Of The Dollar Against The Dinar

Economie| 09:18 – 04/02/2023  Baghdad – Mawazine News  The official newspaper, Al-Sabah, reported on Saturday that the exchange rate of $100 decreased by more than 10,000 dinars, so that the prices are as follows:  The selling price: 161,250 dinars per 100 dollars,  the purchase price: 160,250 dinars per 100 dollars.


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