Dinar Times | Daily Dinar Updates from Dinar Guru on Dinar Chronicles and Dinar Recaps
  • Home
  • Dinar Guru
  • Cryptocurrency
  • Videos
  • USA
  • Dinar News
  • Iraq
  • World
  • Blog
No Result
View All Result
  • Home
  • Dinar Guru
  • Cryptocurrency
  • Videos
  • USA
  • Dinar News
  • Iraq
  • World
  • Blog
No Result
View All Result
Dinar Times | Daily Dinar Updates from Dinar Guru on Dinar Chronicles and Dinar Recaps
No Result
View All Result

Parliamentary finance reveals a surprising reason for the Dollar’s rise

December 14, 2020
in Dinar News, Iraq

The Parliamentary Finance Committee revealed the reason for the high exchange rate of the dollar against the Iraqi dinar in the country today.
“The government wants to gradually raise the exchange rate to reduce the budget deficit, but this rise is borne by the citizen,” said Jamal Cougar, a member of the committee.
Cougar ruled out the government taking any action as this rise is “a direction”.
It is noteworthy that the dollar exchange rate has jumped in Iraq continuously since Monday morning and reached 1300 dinars in Baghdad, or 130 thousand dinars for one hundred dollars, amid expectations of a further rise.
A member of the Parliamentary Finance Committee, Muhammad Al-Darraji, held the Central Bank of Iraq responsible for the losses of the currency auction.
Al-Darraji said in a tweet on Twitter: “Today the Central Bank’s sales are $ 230 million – the difference in the selling price between the bank and the market is 110 dinars per dollar, meaning 25 billion dinars profit in one day!”
He added, “It is assumed that any change in the exchange rate must be through the central bank in order for the state and the citizen to benefit from it, and not through currency dealers so that they and those behind them profit” with this difference in the exchange rate between the bank auction and the local market.

alforatnews.com

ShareTweetShareSendShare

Related Posts

Iraqi Dinar/US Dollar auction results for Sunday 7-3-2022 executed today 6-30-2022
Dinar News

Iraqi Dinar/US Dollar auction results for Sunday 7-3-2022 executed today 6-30-2022

June 30, 2022
Iraqi Dinar/US Dollar auction results for Thursday 6-30-2022 executed today 6-29-2022
Dinar News

Iraqi Dinar/US Dollar auction results for Thursday 6-30-2022 executed today 6-29-2022

June 29, 2022
Iraqi Dinar/US Dollar auction results for Wednesday 6-29-2022 executed today 6-28-2022
Dinar News

Iraqi Dinar/US Dollar auction results for Wednesday 6-29-2022 executed today 6-28-2022

June 28, 2022

Dinar Gurus

Iraqi Dinar Guru opinions 1-9-2022

Iraqi Dinar Guru opinions 7-2-2022

July 2, 2022

Iraqi Parliament News

Simon Black

July 2, 2022

Iraqi Parliament News

Iraqi Parliament News

July 2, 2022

Pimpy

Pimpy

July 2, 2022

MarkZ

MarkZ

July 2, 2022

Judy Byington

Judy Byington

July 2, 2022

Read More

Iraq / USA

Could This REALLY WORK?! Stablecoin Backed By WHAT?!

Could This REALLY WORK?! Stablecoin Backed By WHAT?!

July 2, 2022

ARE BITCOIN & MARKETS GETTING BETTER OR WORSE?

ARE BITCOIN & MARKETS GETTING BETTER OR WORSE?

July 2, 2022

Inflation is the tax we pay to finance government spending

Inflation is the tax we pay to finance government spending

July 2, 2022

MarkZ

Evening News with MarkZ 07/01/2022

July 2, 2022

Read More

Blog

A new financial system aka the quantum financial system QFS

January 30, 2021

Iraqi Dinar News 12/27/20

December 27, 2020

A very happy Merry Christmas from Dinar Times Team

December 25, 2020

Passive Income Opportunity

December 9, 2020

Read More

Videos

Could This REALLY WORK?! Stablecoin Backed By WHAT?!
Cryptocurrency

Could This REALLY WORK?! Stablecoin Backed By WHAT?!

July 2, 2022
ARE BITCOIN & MARKETS GETTING BETTER OR WORSE?
Cryptocurrency

ARE BITCOIN & MARKETS GETTING BETTER OR WORSE?

July 2, 2022
Inflation is the tax we pay to finance government spending
USA

Inflation is the tax we pay to finance government spending

July 2, 2022
MarkZ
USA

Evening News with MarkZ 07/01/2022

July 2, 2022
We Are about to Hit The Motherlode of Mass Layoffs
USA

We Are about to Hit The Motherlode of Mass Layoffs

July 2, 2022
Bix Weir’s “Freedom Road Show!” – Trailer (Premiere’s July 4, 2022)
USA

Bix Weir’s “Freedom Road Show!” – Trailer (Premiere’s July 4, 2022)

July 2, 2022
Read More

Cryptocurrency

Could This REALLY WORK?! Stablecoin Backed By WHAT?!

Could This REALLY WORK?! Stablecoin Backed By WHAT?!

July 2, 2022

ARE BITCOIN & MARKETS GETTING BETTER OR WORSE?

ARE BITCOIN & MARKETS GETTING BETTER OR WORSE?

July 2, 2022

The Mother Of All Crashes Is Coming | Michael Burry’s Final Warning

The Mother Of All Crashes Is Coming | Michael Burry’s Final Warning

July 1, 2022

BITCOIN’S SUDDEN PUMP ABOVE $20,000 MEANS…

BITCOIN’S SUDDEN PUMP ABOVE $20,000 MEANS…

July 1, 2022

Read More

Dinar

Iraqi Dinar/US Dollar auction results for Sunday 7-3-2022 executed today 6-30-2022

Iraqi Dinar/US Dollar auction results for Sunday 7-3-2022 executed today 6-30-2022

June 30, 2022

Iraqi Dinar/US Dollar auction results for Thursday 6-30-2022 executed today 6-29-2022

Iraqi Dinar/US Dollar auction results for Thursday 6-30-2022 executed today 6-29-2022

June 29, 2022

Iraqi Dinar/US Dollar auction results for Wednesday 6-29-2022 executed today 6-28-2022

Iraqi Dinar/US Dollar auction results for Wednesday 6-29-2022 executed today 6-28-2022

June 28, 2022

Iraqi Dinar/US Dollar auction results for Tuesday 6-28-2022 executed today 6-27-2022

Iraqi Dinar/US Dollar auction results for Tuesday 6-28-2022 executed today 6-27-2022

June 27, 2022

Read More

Dinar Times is an exclusive website concerning Iraqi Dinar Revaluation, serves with the Iraqi Dinar RV related latest updates which are based on Dinar Guru opinions and reckonings. Along with it we also incorporate the valuable perspectives of our Iraqi Dinar Gurus & Investors in the form of latest Dinar Recaps, Dinar Chronicles and Dinar Intel. Dinar Times also extensively covers USA, Iraq & Global, up to the minute happenings.

LINKS

  • Home
  • Dinar Guru
  • Cryptocurrency
  • Videos
  • Blog
  • Dinar News
  • USA
  • Iraq
  • World

BROWSE MORE

DinarDetectives.com

DinarTube.com

Dinar Detectives Forum

NEWS FEED ON

Dinar Times is an exclusive website concerning Iraqi Dinar Revaluation, serves with the Iraqi Dinar RV related latest updates which are based on Dinar Guru opinions and reckonings. Along with it we also incorporate the valuable perspectives of our Iraqi Dinar Gurus & Investors in the form of latest Dinar Recaps, Dinar Chronicles and Dinar Intel. Dinar Times also extensively covers USA, Iraq & Global, up to the minute happenings.

LINKS

BROWSE MORE

DinarDetectives.com

DinarTube.com

NEWS FEED ON

Dinar Times ©. All Rights Reserved

No Result
View All Result
  • Home
  • Dinar Guru
  • Cryptocurrency
  • Videos
  • USA
  • Dinar News
  • Iraq
  • World
  • Blog

© 2021