Continues to rise in the U.S. dollar exchange rate plaguing traders and succeed economically crippling recession market movement
Baghdad / tributary cactus and Adel al-Saffar
Experienced local markets recently recession coincided with a continuing rise in the dollar exchange rate, and by the owners of shops dissatisfaction about currency fluctuations, stressing that this volatility cast a shadow on the smooth flow of work in the market.
says Salman Alaidana owner of banking to the extent, "The volatility of the exchange rate dinar against other currencies has made smooth market non-existent, where is the citizen and merchant apprehensive about buying and selling process, "pointing out that the political decision at the moment has become in control the economy, especially in the exchange rate of the dinar.
For his part, refers teammate fineness Hashim to the high exchange rate of the dollar and the decline do not serve the market of small holders of banking companies work differs from large We buy the dollar in the morning and sell pm and between these watches find there are few volatile prices. He said Hashim in an interview (range) that the heavy demand for food in this period contributed to this التخلخل in the estimates of the Central Bank of proportion Seen dollar in the Iraqi market. To the reduced Mohammed Attar, owner of sand for the banking and financial transfer of the importance of the impact of price fluctuations on the deterioration of work in banking offices because large companies depend directly on the staff of the private sector companies deployed in the capital, which depends paid in dollars instead of the dinar. He adds Attar (range) I do not think the rise of the dollar against the Iraqi dinar affects the buying and selling rate, especially that banking companies linked to government and banks have ratios of the value of the dollar that goes to the bank. Shows that "some small banking companies working wage or daily interest because he does not know at tomorrow." He asked Falah Hassan owner markets peace commercial what is going on from the recession in the economy and a decline in the local currency with a scarcity of certain materials needed by the citizens. Says in his speech to the "Iraq is a country rich in wealth and issued a lot of oil, why go down our currency whereas countries such as Jordan where there are no riches and its currency strong and maintain stability. "
and explains that "what we are going through today did not exist at the time of Governor of the Bank Previous Shabibi, there was a movement in the market and the stability of the exchange rate of the local currency. asserting control over the country in the currency according to its policy, which is a hassle for citizens and merchants together in the face of rising dollar and the decline of the local currency.
between "There are products we we buy dinar and now refuse to sell to us, but in dollars as products.
Meanwhile, says researcher on the market Salem al-Bayati, "based market development and movement on the basis of economic stability in the country with an economic policy and the policy financial regulating the movement of sectors.
adds to the extent "with the instability of the security situation in light of the existence of a policy is integrated and without activating the circuits sectors, especially agriculture and industry, the economy of the country is often exposed to a lot of problems and challenges and therefore, the weakness in the market coupled with volatility in the dollar" , and continues, "that the lack of local produce in the markets will confuse the economic landscape is reflected in the purchasing power of the citizen," noting that the high dollar is the result of a natural lack of policy where lead the emergence of money laundering. believes economics professor tributary Numan and there Ayad control in exchange rates and give opportunity for traders of manipulating. said in an interview over: The problems faced by the central bank since shortly harmed in the stability of the exchange rate, noting: that many of the concerned applicants in the state they had a hand in the control of exchange rates and this is what gave the opportunity for manipulation by dealers in the sale and buy the dollar that mastered the exchange rate. stressing that this issue will remain valid that there is not a regulated market and the formal banking offices in Baghdad and the provinces with a control security on them.
said MP Kazem Al Shammari, spokesman bloc white earlier that international reports confirm that Iraq did not possess of its budget huge for this year, but what converts revenue from the sale of oil to the Development Fund for Iraq under the International Monetary Fund.
added Sharifi said in a statement quoted by the agency where that "Iraq's economy is suffering from sharp fluctuations in the exchange rate of the Iraqi dinar led to the loss of the country's nearly $ 3 billion during the Just two months in the past year 2012. Noting that some parties in force in the Iraqi government is seeking to take advantage of surplus oil revenues to maximize their assets abroad. While confirmed the Finance Committee that it will host the central bank governor and agency to discuss the implications of the high exchange rate and stand on its causes.
said committee member secretary Hadi's (Center Brief for network Iraqi media) "The Finance Committee will add the central bank governor Agency Abdul Basit Turki to find out the reasons for the high rate compared to months past witnessed stable."
said Hadi that "initial indications of the reasons that led to the high exchange rate of the dollar against the Iraqi dinar back to the non-arrival hard currency to the beneficiaries and the control of some private banks to large amounts of the currency. "between Hadi that" the solution to the problem of high exchange rate is the adoption of a mechanism from the central bank to ensure the spread of hard currency in all areas to be available and therefore can not be for banks civil exploited and raise its value against the Iraqi dinar . "and threatened to The Truth parliamentary sales of the Iraqi Central Bank last month by resorting to the parties competent international fight against money laundering to track the money that was in the Development Fund for Iraq since 2003 to 2012 if it does not give the Iraqi Central Bank Commission full information. witnessing the Iraqi market at the present time rise significant in the exchange rate dollar against الدينارالعراقي and sometimes reached to more than 1227 dinars to the dollar after it had been stable for 1120, the highest rate up to the exchange rate during the past two years.
[You must be registered and logged in to see this link.]
Baghdad / tributary cactus and Adel al-Saffar
Experienced local markets recently recession coincided with a continuing rise in the dollar exchange rate, and by the owners of shops dissatisfaction about currency fluctuations, stressing that this volatility cast a shadow on the smooth flow of work in the market.
says Salman Alaidana owner of banking to the extent, "The volatility of the exchange rate dinar against other currencies has made smooth market non-existent, where is the citizen and merchant apprehensive about buying and selling process, "pointing out that the political decision at the moment has become in control the economy, especially in the exchange rate of the dinar.
For his part, refers teammate fineness Hashim to the high exchange rate of the dollar and the decline do not serve the market of small holders of banking companies work differs from large We buy the dollar in the morning and sell pm and between these watches find there are few volatile prices. He said Hashim in an interview (range) that the heavy demand for food in this period contributed to this التخلخل in the estimates of the Central Bank of proportion Seen dollar in the Iraqi market. To the reduced Mohammed Attar, owner of sand for the banking and financial transfer of the importance of the impact of price fluctuations on the deterioration of work in banking offices because large companies depend directly on the staff of the private sector companies deployed in the capital, which depends paid in dollars instead of the dinar. He adds Attar (range) I do not think the rise of the dollar against the Iraqi dinar affects the buying and selling rate, especially that banking companies linked to government and banks have ratios of the value of the dollar that goes to the bank. Shows that "some small banking companies working wage or daily interest because he does not know at tomorrow." He asked Falah Hassan owner markets peace commercial what is going on from the recession in the economy and a decline in the local currency with a scarcity of certain materials needed by the citizens. Says in his speech to the "Iraq is a country rich in wealth and issued a lot of oil, why go down our currency whereas countries such as Jordan where there are no riches and its currency strong and maintain stability. "
and explains that "what we are going through today did not exist at the time of Governor of the Bank Previous Shabibi, there was a movement in the market and the stability of the exchange rate of the local currency. asserting control over the country in the currency according to its policy, which is a hassle for citizens and merchants together in the face of rising dollar and the decline of the local currency.
between "There are products we we buy dinar and now refuse to sell to us, but in dollars as products.
Meanwhile, says researcher on the market Salem al-Bayati, "based market development and movement on the basis of economic stability in the country with an economic policy and the policy financial regulating the movement of sectors.
adds to the extent "with the instability of the security situation in light of the existence of a policy is integrated and without activating the circuits sectors, especially agriculture and industry, the economy of the country is often exposed to a lot of problems and challenges and therefore, the weakness in the market coupled with volatility in the dollar" , and continues, "that the lack of local produce in the markets will confuse the economic landscape is reflected in the purchasing power of the citizen," noting that the high dollar is the result of a natural lack of policy where lead the emergence of money laundering. believes economics professor tributary Numan and there Ayad control in exchange rates and give opportunity for traders of manipulating. said in an interview over: The problems faced by the central bank since shortly harmed in the stability of the exchange rate, noting: that many of the concerned applicants in the state they had a hand in the control of exchange rates and this is what gave the opportunity for manipulation by dealers in the sale and buy the dollar that mastered the exchange rate. stressing that this issue will remain valid that there is not a regulated market and the formal banking offices in Baghdad and the provinces with a control security on them.
said MP Kazem Al Shammari, spokesman bloc white earlier that international reports confirm that Iraq did not possess of its budget huge for this year, but what converts revenue from the sale of oil to the Development Fund for Iraq under the International Monetary Fund.
added Sharifi said in a statement quoted by the agency where that "Iraq's economy is suffering from sharp fluctuations in the exchange rate of the Iraqi dinar led to the loss of the country's nearly $ 3 billion during the Just two months in the past year 2012. Noting that some parties in force in the Iraqi government is seeking to take advantage of surplus oil revenues to maximize their assets abroad. While confirmed the Finance Committee that it will host the central bank governor and agency to discuss the implications of the high exchange rate and stand on its causes.
said committee member secretary Hadi's (Center Brief for network Iraqi media) "The Finance Committee will add the central bank governor Agency Abdul Basit Turki to find out the reasons for the high rate compared to months past witnessed stable."
said Hadi that "initial indications of the reasons that led to the high exchange rate of the dollar against the Iraqi dinar back to the non-arrival hard currency to the beneficiaries and the control of some private banks to large amounts of the currency. "between Hadi that" the solution to the problem of high exchange rate is the adoption of a mechanism from the central bank to ensure the spread of hard currency in all areas to be available and therefore can not be for banks civil exploited and raise its value against the Iraqi dinar . "and threatened to The Truth parliamentary sales of the Iraqi Central Bank last month by resorting to the parties competent international fight against money laundering to track the money that was in the Development Fund for Iraq since 2003 to 2012 if it does not give the Iraqi Central Bank Commission full information. witnessing the Iraqi market at the present time rise significant in the exchange rate dollar against الدينارالعراقي and sometimes reached to more than 1227 dinars to the dollar after it had been stable for 1120, the highest rate up to the exchange rate during the past two years.
[You must be registered and logged in to see this link.]
Today at 8:08 am by Rocky
» MM&C 4/25/24 National Bank of Iraq goes live with Temenos core banking and payments
Today at 8:06 am by Rocky
» utube MM&C 4/26/24 Iraqi Dinar - US Treasury Exchange Rates- Focus - Banking Partnerships - Rate C
Today at 8:06 am by Rocky
» A banking official indicates a "danger" to Iraq by depriving more than half of its banks of dollars
Today at 7:55 am by Rocky
» With the participation of the Association of Private Banks, investment opportunities are on the tabl
Today at 7:45 am by Rocky
» Within a month... an Iranian border crossing recorded a noticeable increase in exports of goods to I
Today at 7:44 am by Rocky
» The Association of Private Banks appreciates the efforts of the government and the Central Bank to c
Today at 7:43 am by Rocky
» Al-Maliki's coalition presents a third candidate for the position of governor of Diyala
Today at 6:57 am by Rocky
» Arab gathering: The Kirkuk problem is getting complicated and the Sudanese must intervene
Today at 6:56 am by Rocky
» Next week.. a Kurdish delegation will visit Baghdad to meet with the Minister of Finance
Today at 6:54 am by Rocky
» Under the pretext of salaries... Al-Party refrains from handing over port revenues to Baghdad
Today at 6:53 am by Rocky
» Association of Banks: For the first time, we are witnessing a clear targeting of depriving half of t
Today at 6:51 am by Rocky
» Parliament does not know the reason for the delay in sending the 2024 budget schedules: Voting takes
Today at 6:49 am by Rocky
» Applicants for the 2024 Hajj are demanding that the Central Bank secure the dollar for them through
Today at 5:09 am by Rocky
» Governmental and private banks will showcase their services tomorrow during Financial Inclusion Week
Today at 5:08 am by Rocky
» Iraq's oil exports rise despite OPEC+ cuts
Today at 5:06 am by Rocky
» A study explodes a "surprise"... Iraq is among the countries that export oil to "Israel": How is the
Today at 5:04 am by Rocky
» Al-Araji emphasizes working to strengthen national identity
Today at 5:02 am by Rocky
» Al-Sudani visits Saudi Arabia to participate in the World Economic Forum in Riyadh
Today at 5:01 am by Rocky
» Iraq is talking about producing one million additional liters of gasoline
Today at 4:59 am by Rocky
» The Council of Ministers approves the implementation of the Baghdad Metro project
Today at 4:56 am by Rocky
» Minister of Commerce: We formed a joint economic committee with Türkiye
Today at 4:55 am by Rocky
» Resources: Government measures have contributed to improving the water situation in Iraq
Today at 4:53 am by Rocky
» Parliamentary Finance: Baghdad will continue to send salaries to the region’s employees until settle
Today at 4:51 am by Rocky
» A parliamentarian describes the corruption of Iraqi ports as “ghouls” and reveals the involvement of
Today at 4:49 am by Rocky
» Obelisk Hour: Basra is the subject of political conflict and ambiguity over the fate of the funds al
Today at 4:48 am by Rocky
» Turkmen leader: An agreement on the local government of Kirkuk is near
Today at 4:45 am by Rocky
» Anbar calls for the operation of its factories despite financial obstacles
Today at 4:44 am by Rocky
» Turki: The crisis of the Presidency of Parliament prompted the Sunnis to amend the Council’s interna
Today at 4:43 am by Rocky
» The Agriculture Committee confirms the existence of Iraqi-Turkish-Iranian discussions on water
Today at 4:42 am by Rocky
» Resources diagnose the challenges facing the water file in Iraq
Today at 4:38 am by Rocky
» Parliament pledges to the Interior Ministry: We will transfer money to buy weapons from citizens
Today at 4:33 am by Rocky
» Al-Issawi is the closest.. Parliament sets the date for deciding the choice of the new president
Today at 4:31 am by Rocky
» Deputy: Iraq's investments have risen and need a comprehensive review of previous years
Today at 4:30 am by Rocky
» Iraqis consume 7 billion eggs annually and import about $900 million
Today at 4:28 am by Rocky
» The Iranian role complicates attempts at open cooperation between Iraq and Turkey. Turkey is trying
Today at 4:26 am by Rocky
» Move in Iran to obtain $242 billion from Iraq in compensation for the eight-year war
Today at 4:25 am by Rocky
» 12 decisions from the Council of Ministers regarding the Baghdad Metro and Najaf-Karbala train proje
Today at 4:23 am by Rocky
» Sudanese Advisor: The path to development has begun... the Baka and the militias “we silence them wi
Today at 4:21 am by Rocky
» Not from Kurdistan.. How did Iraq become a source of oil for “Israeli tanks”?
Today at 4:19 am by Rocky
» Parliamentary Agriculture criticizes the Sudanese and Erdogan agreement: Türkiye will control water
Today at 4:16 am by Rocky
» The Iraqi government issues new decisions
Yesterday at 2:35 pm by Rocky
» The story of “reduced oil” to Jordan, from “compulsion” to mutual benefit.. Is there a loss?
Yesterday at 2:33 pm by Rocky
» The Council of Ministers takes 12 decisions for the Baghdad Metro and the Najaf-Karbala train
Yesterday at 2:32 pm by Rocky
» utube MM&C 4/23/24 Iraqi Dinar - IQD Update - Development Road Project - Saviour of Global Banking
Yesterday at 10:18 am by Rocky
» Kidney from pig transplanted into deathly ill New Jersey woman — and begins working almost immediat
Yesterday at 10:15 am by Bama Diva
» The most difficult option.. Warnings of the danger of floating the Iraqi dinar without achieving an
Yesterday at 9:48 am by Rocky
» Trade from the “Economic Committee” with Türkiye: It will overcome all obstacles facing the traders
Yesterday at 9:46 am by Rocky
» Washington's hope for stable relations with Baghdad clashes with Iraqi parties' rejection of the Ame
Yesterday at 9:41 am by Rocky
» Karim Badr: Development is America’s will to kill silk
Yesterday at 9:36 am by Rocky
» Oil: Opening of a new port for liquid gas for vehicles in Baghdad
Yesterday at 9:33 am by Rocky
» A media advisor warns of corruption in a draft law on the Parliament’s agenda
Yesterday at 9:21 am by Rocky
» Economist: There is serious work to lift US sanctions on Iraqi banks
Yesterday at 9:16 am by Rocky
» Will the agreements signed with the US Treasury reflect positively on the exchange rates?
Yesterday at 7:52 am by Rocky
» Iraq continues its quest to join the World Trade Organization
Yesterday at 7:51 am by Rocky
» Iraq completes the completion of the files for the initial offer of goods and services to join the W
Yesterday at 7:50 am by Rocky
» Economist: Travelers' dollars are leaking into the parallel market...and this is what the Central Ba
Yesterday at 7:32 am by Rocky
» President of the Federal Court: It is not permissible to force anyone to join any party, and the pol
Yesterday at 7:30 am by Rocky
» The Council of Ministers holds its session headed by Al-Sudani
Yesterday at 7:27 am by Rocky
» America weakens Baghdad...and increases Kurdistan's military capabilities
Yesterday at 7:26 am by Rocky
» The Iraqi government plans to build 10,000 schools throughout the country
Yesterday at 7:23 am by Rocky
» American threats close the Iraqi Stock Exchange at a loss
Yesterday at 7:21 am by Rocky
» Increase in external transfers at the Central Bank
Yesterday at 7:20 am by Rocky
» Al-Maliki calls on Britain to cancel restrictions on the entry of its companies into Iraq
Yesterday at 7:18 am by Rocky
» Planning and the European Union are discussing signing a number of agreements in the development, en
Yesterday at 7:16 am by Rocky
» Parliament talks about the mechanism for recovering smuggled funds and hints at the next stage
Yesterday at 7:13 am by Rocky
» Interior Ministry: The number of completed national cards reached 37 million cards
Yesterday at 7:06 am by Rocky
» Amnesty International: Violations of freedom and human rights continue in Iraq and the Kurdistan Reg
Yesterday at 7:04 am by Rocky
» Parliamentary Oil: The government is proceeding with the decision to raise the price of improved gas
Yesterday at 7:03 am by Rocky
» A parliamentary committee in Basra to investigate violations of the port company and the local gover
Yesterday at 7:00 am by Rocky
» Revealing the 10 most important American exports to Iraq
Yesterday at 5:31 am by Rocky
» A noticeable increase in the rate of Iraq's import of Chinese cooling devices
Yesterday at 5:30 am by Rocky
» Prime Minister: Working on projects without completing the infrastructure is a waste of money
Yesterday at 5:28 am by Rocky
» Iraq.. Extending the deadline for registration procedures on plots of land
Yesterday at 5:27 am by Rocky
» What is the main purpose of conducting the population census in Iraq?
Yesterday at 5:25 am by Rocky
» A plan to transform Iraq from a barren land to green with 5 million trees
Yesterday at 5:24 am by Rocky
» The Housing Fund announces the acceptance of more than 11 thousand loans through the Ur platform
Yesterday at 5:23 am by Rocky
» The Bank of Baghdad is moving to increase its capital to 400 billion dinars
Yesterday at 5:20 am by Rocky
» The electronic payment system will soon be adopted on Iraqi buses
Yesterday at 5:19 am by Rocky
» “It threatens our interests and destroys our economy.” An Iraqi project “irritates” the Kuwaiti stre
Yesterday at 5:18 am by Rocky
» Warning from the Central Bank about “misuse of electronic payment cards”
Yesterday at 5:17 am by Rocky
» Iraq and the Sultanate of Oman are discussing sending capacities through the Gulf countries
Yesterday at 5:16 am by Rocky
» The fact that a decision was issued to deport Syrian workers from Iraq
Yesterday at 5:14 am by Rocky
» Rice comes first... America exports 10 foodstuffs worth more than 350 million dollars to Iraq
Yesterday at 5:14 am by Rocky
» A sixth licensing round for gas exploration
Yesterday at 5:12 am by Rocky
» Baghdad is preparing to host the 50th session of the Arab Labor Conference
Yesterday at 5:11 am by Rocky
» Scientific symposium on the future vision of the tripartite budget
Yesterday at 5:09 am by Rocky
» Five conversion power stations enter service in Najaf
Yesterday at 5:08 am by Rocky
» Planning: Conduct a population census next November
Yesterday at 5:07 am by Rocky
» Experts: Spreading misleading information harms development and investment
Yesterday at 5:03 am by Rocky
» Economists call for tightening money laundering laws and port controls
Yesterday at 5:02 am by Rocky
» Today's newspapers are interested in Sudanese's visit to Anbar Governorate and preparations for cond
Yesterday at 5:00 am by Rocky
» Iraq and Russia discuss cooperation between the two countries in the field of information and artifi
Yesterday at 4:58 am by Rocky
» With international and Arab participation. Diyala University hosts the International Specialized Sci
Yesterday at 4:56 am by Rocky
» The Basra government discusses with a UN delegation support for owners of qualified companies to est
Yesterday at 4:49 am by Rocky
» Oil stabilizes amid signs of an economic slowdown in America
Yesterday at 4:48 am by Rocky
» More than 11 thousand loans announced by the Housing Fund via the Ur platform
Yesterday at 4:47 am by Rocky
» A parliamentarian talks about the "tsunami of multinational begging" and identifies their crossing p
Yesterday at 4:43 am by Rocky
» Iraq alone possesses 9% of the world's reserves...a magical material to stimulate agriculture and th
Yesterday at 4:40 am by Rocky