Iraq's Deputy Prime Minister and Finance Minister has reportedly said that he supports a floating exchange rate for the Iraqi currency, the dinar.
Shafaq quotes Ali Allawi pictured as telling a press conference on Thursday that the Central Bank of Iraq CBI intervenes occasionally to keep the dinar in the range of […]. Committee member Muhammad Al-Shabki told Shafaq News Agency that there are fears of the collapse of the Iraqi currency "in the coming period" […]. According to a statement from the bank, "the dollar exchange rate is fixed and there are no intentions to change.
By Dr. Any opinions expressed are those of the author s , and do not necessarily reflect the views of Iraq Business News. Ammar Mohammed said: "It was important to change the exchange rate before approving the budget in order to know the income and budget in dinars This is how you take a program rate and you throw it back to the United Nations or whoever gave it to you.
Way to go! It means the whole world is going to flow back into Iraq because there is no fear any longer. They have a currency. They have a brand new central bank even Dubai is jealous… Read more…. Posted by admin - January 12, at am.
The economic expert, Ihsan Al-Kinani, confirmed that the government does not have any justification to continue to raise the exchange rate of the dollar in the local markets, pointing out that oil prices and financial abundance make it imperative for the next government to take measures to reduce the exchange Read more….
Baghdad — people. Al-Rasheed Bank announced, on Wednesday, the imminent launch of the credit card, which will be granted to those who wish to hold a MasterCard Nakheel. Baghdad — Mawazine. News, on Wednesday, the Central Bank counted the goals achieved from its initiatives to promote economic growth, revitalize the private sector, and address the effects of the Corona pandemic, while setting its value in Iraqi dinars.
The bank said in its report for the month of January, Read more…. China hosts Gulf Arab, Iranian chief diplomats amid regional shifts Amwaj. Rocket attack hits U. Embassy in Baghdad, injures 2 UPI World Top Stories. Rockets fired at U. Seditious conspiracy: 11 Oath Keepers charged in Jan. Leader of Oath Keepers militia charged with seditious conspiracy in U. Follow your favourite topics Save your publication preferences. Notifications Unsubscribe from Breaking News.
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