[size=45][size=41]The continued rise in the exchange rate of the dollar...concern in the markets and exhaustion of the citizen[/size]
16 hours ago
515
[/size]
16 hours ago
515
[/size]
[You must be registered and logged in to see this image.]
The instability of the dollar exchange rate in the parallel market and its rise to more than 150,000 dinars for every 100 dollars made traders anxious despite the great benefit they achieved after entering the electronic platform to buy currency and sell their goods on the basis of the parallel market price, which exhausted the people The citizen who hopes that more effective decisions will be taken through which he will be able to buy what he aspires to easily and without exhausting his financial budget.
A member of the Parliamentary Finance Committee, Representative Faisal Al-Naeli, said in a press interview, which was seen by Taqaddam, that “the government measures taken by the Sudanese government in the face of the dollar crisis were somewhat successful, but the state of stability of the local market is linked to several measures taken by the government, foremost of which is the opening of more banks.” Currency selling outlets to facilitate the dollar exchange process, as well as putting the hands of the government and security services on the border crossings through which the currency is smuggled.
On the other hand, Professor of Economics at the University of Baghdad, Dr. Safwan Qusay, explained in a press interview seen by “Takadum” that “regulating trade in Iraq needs a unified database so that the system becomes a commercial system through long-term contracts, so that the Ministry of Trade works in This stage involves importing goods and directing consumers towards them, in addition to the possibility of increasing the transparency of information from the Central Bank so that everyone knows who are the merchants who obtain the dollar at the official rate and import goods, as it is assumed that they will be followed at the parallel market price, pointing out that the bank The Central Bank is keen to expand the circle of dealers in the currency sale window, especially for those who have real bills and real suppliers, and thus the demand for the parallel market will recede.
On a related level, the economist Nabil Jabbar said in a press interview seen by Taqaddam that “the exchange rates of the dollar in the Iraqi markets are still on the rise despite the high indicators of the Iraqi Central Bank’s daily sales of dollars, related to remittances and credits that appear good and growing in a promising way.” As it increased from an average of 30 million dollars per day to 100 million dollars per day, which is a matter of optimism, but the problem is still related to small merchants who conduct their transfers away from the banking system and away from the (platform) by buying dollars and transferring them through private offices that conduct transfers. In an illegal way, which caused an increase in the demand for the dollar locally and contributed to its rise, in light of the limited supply practiced by the government and the central bank to stop the phenomenon of dollarization in the local market.
[You must be registered and logged in to see this link.]
Today at 5:30 am by Rocky
» Al-Sudani confirms his support for sports: a fundamental axis in Iraq’s image before the world
Today at 5:28 am by Rocky
» Independent representatives set conditions for voting on the Speaker of Parliament
Today at 5:27 am by Rocky
» A parliamentary request from the Sudanese regarding the disbursement of 100,000 Eid money to retiree
Today at 5:26 am by Rocky
» MP calls for forming a fact-finding committee on “oil contracts”
Today at 5:25 am by Rocky
» Parliamentary Finance reveals the most prominent developments in the budget schedules
Today at 5:24 am by Rocky
» "Epicor" calls for holding a tripartite meeting with Baghdad and Erbil to resume Kurdistan's oil exp
Today at 5:23 am by Rocky
» International praise for the efforts of the Iraqi Central Bank: controlling inflation and strengthen
Today at 5:20 am by Rocky
» It produces 23 million tons of waste daily. Iraq is on the list of the most polluted countries
Today at 5:19 am by Rocky
» “Great news.” The US ambassador praises Iraq’s ratification of the electronic payment system
Today at 5:18 am by Rocky
» Bringing life back to hundreds of stalled projects
Today at 5:17 am by Rocky
» Initiating the formation of the “National Youth Team for Climate Change”
Today at 5:16 am by Rocky
» Transportation: Development Road trains will reach Europe in one day
Today at 5:15 am by Rocky
» Pressure prevents the organization of the work of private generators in Nineveh
Today at 5:13 am by Rocky
» Al-Muthanna: The governorate’s allocations are small compared to its projects
Today at 5:13 am by Rocky
» An Iraqi-Russian agreement on cooperation in the judicial field
Today at 5:11 am by Rocky
» Parliamentary services demand that the laws be returned to them
Today at 5:10 am by Rocky
» Securing the border with Saudi Arabia
Today at 5:09 am by Rocky
» Developing new river taxi stations and routes
Today at 5:08 am by Rocky
» Parliament hosts the Ministers of Finance and Planning
Today at 5:07 am by Rocky
» The Iraqi currency auction records a 90% increase in foreign remittances
Today at 5:06 am by Rocky
» House rents jump to a record level in Baghdad
Today at 5:05 am by Rocky
» Investment and its development impact
Today at 5:04 am by Rocky
» Specialists identify a number of factors to end sanctions on Iraqi banks
Today at 5:03 am by Rocky
» The National Union on the Kurdistan salaries crisis: Nationalization will end the crisis
Today at 5:01 am by Rocky
» The framework meets with Sudanese today to discuss the 2024 budget
Today at 4:59 am by Rocky
» Oil prices begin today's trading stable, awaiting inflation data and the OPEC+ meeting
Today at 4:58 am by Rocky
» The dollar is moving down in the Iraqi market for the second day in a row
Today at 4:57 am by Rocky
» Dollar prices decline as markets await important inflation data
Today at 4:56 am by Rocky
» The Minister of Labor directs the transfer of the allocations of 37,000 protection beneficiaries to
Today at 4:54 am by Rocky
» The Minister of Planning discusses with a World Bank delegation support for the stages of the Develo
Today at 4:53 am by Rocky
» Planning clarifies the mechanism for including nomads in the population census
Today at 4:52 am by Rocky
» It revealed plans to implement the national taxi and electronic meter projects... Transport to Al-Za
Today at 4:51 am by Rocky
» He directed to expedite the completion of the registration of employees’ data in the Kurdistan Regio
Today at 4:50 am by Rocky
» Head of the Kurdistan Regional Government’s representation in Baghdad, visits the General Authority
Today at 4:49 am by Rocky
» Ministry of Planning: The governorates have 5.8 trillion dinars remaining from the Food Security Law
Today at 4:48 am by Rocky
» The framework falls into the trap of the tripartite budget: We will not vote on the 2024 schedules b
Today at 4:47 am by Rocky
» Iraq strengthens its air capabilities with Chinese combat drones
Today at 4:46 am by Rocky
» Economist on congestion relief projects: Alternative methods are the solution
Today at 4:44 am by Rocky
» Industry boom in Kurdistan... self-sufficiency, ending unemployment, and a plan to cancel importers
Today at 4:43 am by Rocky
» After Iraq's rejection, the Arab Parliamentary Union removes the principle of the "two-state solutio
Today at 4:41 am by Rocky
» The budget enters the circle of complexity and there is a possibility that it will be returned to th
Today at 4:40 am by Rocky
» Parliamentary services reveal the fate of the “Slum Law”
Today at 4:38 am by Rocky
» Stories of the Americans killed in Iraq fill American newspapers with collective remembrance... What
Today at 4:37 am by Rocky
» “People cannot stand each other.” Scientists are “concerned” about the rise in the “Gini index” in I
Today at 4:35 am by Rocky
» A foreign oil company expels one of its employees for insulting Iraqi figures
Today at 4:33 am by Rocky
» Iraq's objection to (the principle of the two-state solution) is supported by the Arabs
Today at 4:32 am by Rocky
» In the middle of them is Zidane... 3 judges who are credited with removing Iraq's name from a notori
Today at 4:31 am by Rocky
» Al-Muthanna complains to Parliament about the lack of allocations in the federal budget
Today at 4:30 am by Rocky
» Al-Sadr: I repeat my demand to expel the American “fool” from Iraq and close the embassy
Today at 4:28 am by Rocky
» Al-Sudani directs the completion of the localization of the salaries of the region’s employees
Today at 4:27 am by Rocky
» utube 5/27/24 BRICS Financial Forum Today: Is BRICS Currency?
Yesterday at 12:16 pm by Rocky
» MM&C utube 5/25/24 Iraq Dinar-IQD Enhanced Value to Currency- Gold-Reserves-2024 Budget-HoR Vote-WT
Yesterday at 7:56 am by Rocky
» utube 5/27/24 MM&C Iraq Dinar - IQD - USD - Exchange Rate Change Inevitable - CBI Launch National
Yesterday at 7:55 am by Rocky
» Mr. Al-Hakim: The importance of implementing the agreements with Türkiye according to specific work
Yesterday at 7:54 am by Rocky
» Head of Al-Karkh Appeal: Recovering hundreds of billions of corruption money, most of which was for
Yesterday at 7:53 am by Rocky
» Sudanese advisor: Oil prices are still higher than their budget estimates and we are trying to keep
Yesterday at 7:51 am by Rocky
» {Al-Furat News} publishes the international monetary report on Iraq and praises its financial reform
Yesterday at 7:50 am by Rocky
» Anbar Alliance: Al-Halbousi’s party still controls the governorate’s capabilities
Yesterday at 7:47 am by Rocky
» Central Bank: The issuance of new monetary denominations will not affect the dinar exchange rate
Yesterday at 7:44 am by Rocky
» Representatives’ objections embarrass the government. Will the budget be passed or re-included?
Yesterday at 7:42 am by Rocky
» 5 Kurdish parties call for the UNAMI mission to remain in Iraq
Yesterday at 7:40 am by Rocky
» Iraq is ranked eighth in the Arab world in the crime index for the year 2024
Yesterday at 7:39 am by Rocky
» The Iraqi currency auction records a 90% increase in foreign remittances
Yesterday at 7:38 am by Rocky
» The Iraqi Central Bank sells more than $275 million during today's auction
Yesterday at 7:35 am by Rocky
» The “ambiguity” of the budget worries Parliament’s finances and there are assurances that amendments
Yesterday at 7:34 am by Rocky
» Iraq is turning to digital banks.. What does it offer to the banking sector?
Yesterday at 7:31 am by Rocky
» International praise for the efforts of the Iraqi Central Bank: controlling inflation and strengthen
Yesterday at 7:25 am by Rocky
» A government advisor reveals a plan to reduce the budget deficit
Yesterday at 7:23 am by Rocky
» The Housing Fund denies its connection to any office or association that promotes borrowing transact
Yesterday at 7:19 am by Rocky
» The President of the Republic assures the Chinese Ambassador of his keenness to strengthen bilateral
Yesterday at 7:18 am by Rocky
» Iraq and Russia sign a memorandum of cooperation in the judicial field
Yesterday at 7:17 am by Rocky
» The International Monetary Fund praises the Iraqi government's monetary policy measures
Yesterday at 7:16 am by Rocky
» Unpleasant" news regarding salaries and appointments in Iraq
Yesterday at 7:14 am by Rocky
» The region deposits more than 85 billion in the account of the Federal Ministry of Finance
Yesterday at 7:11 am by Rocky
» Parliamentary Legal: There are notes on the budget tables
Yesterday at 7:09 am by Rocky
» Petroleum products: Citizens are increasingly interested in purchasing a vehicle gas system
Yesterday at 7:08 am by Rocky
» The President of the Republic receives the Chinese ambassador to Iraq
Yesterday at 7:07 am by Rocky
» Carrying a picture of Zaha Hadid.. The Central Bank clarifies the truth about issuing the “100” thou
Yesterday at 7:05 am by Rocky
» A foreigner accused of forging entry visas for foreign workers was arrested in Baghdad
Yesterday at 5:33 am by Rocky
» Parliamentary Committee: Ambiguity in the budget schedules and a need for government clarification
Yesterday at 5:31 am by Rocky
» A bloated public sector and a depleted budget... the consequences of arbitrary employment policies
Yesterday at 5:29 am by Rocky
» The ambiguity of the Ministry of Planning swallows Iraq's trillions
Yesterday at 5:27 am by Rocky
» Financial advisor: The financial tables conform to the principles of the tripartite budget
Yesterday at 5:26 am by Rocky
» Parliamentary Economy: The Ministry of Industry failed miserably to revive the "national industry"
Yesterday at 5:25 am by Rocky
» Labor calls on journalists to register with the Social Security Law: It guarantees your rights
Yesterday at 5:23 am by Rocky
» Representative: The House of Representatives works to provide justice to the central and southern go
Yesterday at 5:21 am by Rocky
» Political movement: Extending the state of emergency is an imposition of American guardianship
Yesterday at 5:21 am by Rocky
» America shackles the government of Iraq... and imposes guardianship over the goods of its people
Yesterday at 5:19 am by Rocky
» Al-Nasr: Removing foreign forces is the responsibility of the government, not Parliament
Yesterday at 5:18 am by Rocky
» Legal movement: The security agreement ended in 2011 and the American presence is illegal
Yesterday at 5:17 am by Rocky
» Al-Lami: The Sunnis were the ones who disrupted the election session for the Speaker of Parliament,
Yesterday at 5:16 am by Rocky
» Deputy: The central and southern governorates were wronged in the budget
Yesterday at 5:16 am by Rocky
» Basra Council holds an extraordinary session to discuss the governorate’s budget
Yesterday at 5:15 am by Rocky
» A representative reveals a mechanism for collecting state property data
Yesterday at 5:14 am by Rocky
» Barzani: The ground is suitable for Qatari investment in Iraq
Yesterday at 5:12 am by Rocky
» Advisor to the Prime Minister: The schedules are in accordance with the 2024 Budget Law
Yesterday at 5:10 am by Rocky
» During the third session of the Supreme Authority for Coordination between the Governorates, the Pri
Yesterday at 5:08 am by Rocky
» Electricity reassures citizens: the energy system will not be subjected to a sudden shutdown
Yesterday at 5:06 am by Rocky