An economist explains the most important reasons for the dollar's exchange rate not returning to normal
08:47 - 01/16/2020
[You must be registered and logged in to see this link.]
Information / private ..
The economist, Saleh Al-Hammash, explained, on Thursday, the reasons for the instability of the dollar exchange rate in the local markets, pointing out that the Iraqi citizen is the first problem in fluctuating prices in addition to the political situation and the caretaker government.
"The central bank plays a big role in stabilizing the dollar price against the dinar in the currency auction and creating a balance between supply and demand," Al-Hamash said in a statement to "The Information."
He added that "the problem of fluctuating dollar exchange rates in the local Iraqi market is due to the Iraqi citizen himself, where news and the media play a major role in spreading news about the current conditions, which makes the citizen either go to buy the dollar or stay away from it according to the current conditions."
He explained that "dollar prices are witnessing a sudden rise and fall, and the rate of increase is large, unlike what is in other countries, as a result of the citizen and the imbalance and loss of the Iraqi economy to its identity."
And that "the sudden demand for the dollar stands as a factor behind the rise and fall in the dollar exchange rate," pointing out that "the caretaker government has caused instability in the dollar exchange rate and the Iraqi economy because of the lack of budget and projects that can be worked out and creating a stable environment for the dollar." 25 n ended
[You must be registered and logged in to see this link.]
Today at 9:04 am by Rocky
» Has the Iraqi government shattered the "unity of the squares" by fortifying the borders? Al-Sadr and
Today at 9:03 am by Rocky
» Trump appoints his lawyer Alina Habba of "Iraqi origin" as an advisor to the president
Today at 9:00 am by Rocky
» Central Bank sales exceed $5 billion in a month
Today at 8:58 am by Rocky
» Iraq discusses with the United Nations arrangements to end the mission of the UNAMI mission
Today at 7:01 am by Rocky
» Minister of Culture: Crowning Baghdad as the Arab Tourism Capital will create many investment opport
Today at 6:58 am by Rocky
» Minister of Justice: Efforts to develop the national legislative system for human rights
Today at 6:53 am by Rocky
» Minister of Labor announces allocating 25% of the Small and Medium Enterprises Fund to people with d
Today at 6:52 am by Rocky
» Arab delegations begin arriving in Baghdad to participate in the 61st session of the Council of Arab
Today at 6:50 am by Rocky
» Iraq Development Fund announces imminent launch of 4 basic projects
Today at 6:48 am by Rocky
» utube 12/7/24 MM&C MM&C-Iraq Dinar News-Prime Minister Al-Sudani- Speaks to the People- The World-
Today at 4:51 am by Rocky
» utube 12/10/24 MM&C Iraq Dinar News-Partnerships with Private Sector--World Bank-IMF-Article
Today at 4:46 am by Rocky
» Government advisor: No economic impact on Iraq from Syria events
Today at 4:41 am by Rocky
» Despite the legislative holiday, a representative confirms the continuation of the dialogue regardin
Today at 4:37 am by Rocky
» Al-Lami warns of Netanyahu's plans towards Iraq and the region
Today at 4:35 am by Rocky
» The Ministerial Council for Economy recommends amending the wages and fees collected by the Central
Today at 4:30 am by Rocky
» Parliamentary Finance Committee to Nina: We withdrew the draft amendment to the budget law for this
Today at 4:26 am by Rocky
» US State Department: We will support Iraq and Jordan against any threats that may come from Syria
Today at 4:19 am by Rocky
» The dollar falls against the dinar in local markets
Today at 4:17 am by Rocky
» Meeting of the presidencies and the State Administration Coalition on the situation in Syria…
Today at 4:14 am by Rocky
» Tehran calls on Baghdad to resolve cases of 500 Iranian prisoners in Iraq
Today at 4:12 am by Rocky
» Parliament postpones “controversial laws” to next year
Today at 4:11 am by Rocky
» Integrity: 1,740 taxpayers disclosed their financial assets last October
Today at 4:10 am by Rocky
» The government allocates $100 billion to support strategic projects
Today at 4:07 am by Rocky
» Here are the dollar prices in the Iraqi stock exchanges
Today at 4:04 am by Rocky
» How many Iranian prisoners are being held in Iraq?
Today at 4:02 am by Rocky
» After the fall of the Assad regime... What is the fate of trade exchange between Iraq and Syria?
Today at 4:01 am by Rocky
» Head of Parliamentary Finance: We are keen to approve a realistic amendment to the budget that ends
Yesterday at 5:00 am by Rocky
» Mr. Al-Hakim calls for making Iraq a regional headquarters for international organizations
Yesterday at 4:58 am by Rocky
» Mr. Al-Hakim: Kirkuk is our miniature Iraq and success in it is success for Iraq
Yesterday at 4:57 am by Rocky
» Ports: Al-Faw-Umm Qasr Road will be completed ahead of schedule
Yesterday at 4:53 am by Rocky
» Parliamentary Finance: Budget amendment includes only one paragraph related to the region’s oil
Yesterday at 4:51 am by Rocky
» 94% increase in foreign remittance sales in Iraqi currency auction
Yesterday at 4:49 am by Rocky
» $10 Billion Cash Flows into Bitcoin Funds Since Trump Win
Yesterday at 4:47 am by Rocky
» Financial Supervision Bureau: The percentage of localizing salaries of regional employees exceeded 8
Yesterday at 4:44 am by Rocky
» Formation of a government committee to close down violating industrial activities
Yesterday at 4:43 am by Rocky
» Iraq rises to third place in the Arab world in gold reserves after Lebanon leaves the list
Yesterday at 4:42 am by Rocky
» Laboratories for the unemployed
Yesterday at 4:41 am by Rocky
» Closing of {private} institutes in Babylon
Yesterday at 4:39 am by Rocky
» Labor is studying the establishment of factories and production lines to employ the unemployed
Yesterday at 4:38 am by Rocky
» Iraq is moving towards developing the private sector
Yesterday at 4:34 am by Rocky
» Moves to improve the investment environment and implement import policy
Yesterday at 4:32 am by Rocky
» Ministry of Planning to {Al Sabah}: The government has processed 1,104 projects
Yesterday at 4:31 am by Rocky
» The Central Organization for Standardization and Quality Control grants the Iraqi Quality Mark to th
Yesterday at 4:28 am by Rocky
» Financial Supervision Bureau: The percentage of localizing salaries of Kurdistan Region employees ex
Yesterday at 4:27 am by Rocky
» Washington reassures Baghdad: Syrian factions will not attack you
Yesterday at 4:25 am by Rocky
» Integrity Commission discloses its activities in the field of disclosure of assets and money inflati
Yesterday at 4:21 am by Rocky
» Advantages of the modern electronic ration card
Yesterday at 4:19 am by Rocky
» Prime Minister attends meeting of presidencies and state administration coalition to discuss develop
Yesterday at 4:18 am by Rocky
» Al-Sudani launches Baghdad Forests Project
Yesterday at 4:15 am by Rocky
» Ministry of Planning: The government has processed 1,104 projects
Yesterday at 4:13 am by Rocky
» Presidencies and State Administration Meeting: The Importance of Respecting the Choices of the Syria
Yesterday at 4:12 am by Rocky
» Al-Sadr after the fall of Assad: We look forward to balanced relations between Iraq and Syria
Yesterday at 4:11 am by Rocky
» US National Security Advisor: We are working to strengthen Iraq so that the conflict does not spread
Yesterday at 4:10 am by Rocky
» Integrity Commission discloses its activities in the field of disclosure of assets and money inflati
Yesterday at 4:08 am by Rocky
» British newspaper: Iraq's development path will compete with the Suez Canal
Yesterday at 4:07 am by Rocky
» Al-Sudani's wise policies save Iraq from a regional storm
Yesterday at 4:04 am by Rocky
» Amending Article 12 whets the appetite for amendments.. The tripartite budget has become “binary”
Yesterday at 4:01 am by Rocky
» Find out the exchange rates of the dollar against the dinar in Iraq
Yesterday at 3:59 am by Rocky
» Kurdistan Integrity Commission reveals statistics on corruption cases in the region during 2024
Yesterday at 3:58 am by Rocky
» Parliamentary Committee Criticizes Dollar Selling Platform: It Has Many Problems and Suspicions of C
Yesterday at 3:55 am by Rocky
» Trump appoints new adviser of Iraqi origin
Yesterday at 3:54 am by Rocky
» utube 12/5/24 MM&C Iraq Dinar News-Executive & Legislative Authority Integration-Full Support-
Sun 08 Dec 2024, 10:04 am by Rocky
» Where did the amendment of the budget items related to oil exports in the Kurdistan Region stand?
Sun 08 Dec 2024, 6:53 am by Rocky
» Article 12 of the budget ignites controversy under the dome of Parliament
Sun 08 Dec 2024, 6:50 am by Rocky
» The number of representatives does not exceed 70 representatives
Sun 08 Dec 2024, 6:47 am by Rocky
» Central Bank Sells Over $300 Million in Auction Today
Sun 08 Dec 2024, 6:45 am by Rocky
» Financial Supervision calls for building strong and effective partnerships between the private secto
Sun 08 Dec 2024, 5:08 am by Rocky
» Iranian gas and bitter cold exacerbate Iraq's electricity crisis
Sun 08 Dec 2024, 5:06 am by Rocky
» Al-Nusairi calls on the media to be patriotic, transparent and supportive of the national economy
Sun 08 Dec 2024, 5:05 am by Rocky
» The extent of Iraq's influence on unstable political events and disturbances with our neighbors, Ara
Sun 08 Dec 2024, 5:04 am by Rocky
» Despite the rise in domestic borrowing, a government advisor says the financial situation is stable
Sun 08 Dec 2024, 5:03 am by Rocky
» Al-Sudani confirms his support for the joint operation project for hospitals and addressing its obst
Sun 08 Dec 2024, 5:02 am by Rocky
» The President of the Republic stresses the importance of addressing the phenomenon of gas emissions
Sun 08 Dec 2024, 5:01 am by Rocky
» Today.. Parliament votes on 5 laws
Sun 08 Dec 2024, 4:59 am by Rocky
» (Riyada) breaks the shackles of unemployment and opens the doors of the future for young people
Sun 08 Dec 2024, 4:58 am by Rocky
» Al-Sudani launches Baghdad Forests Project
Sun 08 Dec 2024, 4:57 am by Rocky
» Activating 16 oil wells in Kirkuk
Sun 08 Dec 2024, 4:55 am by Rocky
» Abstention of students and teachers from the outskirts
Sun 08 Dec 2024, 4:54 am by Rocky
» Agriculture: Signing a contract with FAO to use advanced technologies
Sun 08 Dec 2024, 4:53 am by Rocky
» Baghdad Municipality: 33 companies compete to expand the capital’s sewers
Sun 08 Dec 2024, 4:51 am by Rocky
» Next year.. Implementation of BRT and public transport projects
Sun 08 Dec 2024, 4:50 am by Rocky
» Iraq's turn has come.. Iraqi leader from Tehran: Americans must be expelled from Baghdad and the war
Sun 08 Dec 2024, 4:45 am by Rocky
» Who is responsible for the delay? Source: Kurdistan’s non-oil revenues cover the salary deficit
Sun 08 Dec 2024, 4:44 am by Rocky
» Gas supply halt deprives Iraq of production from largest power plant in Diyala
Sun 08 Dec 2024, 4:41 am by Rocky
» Al-Asadi: The Workers’ Social Security Law has stimulated the labor market and pushed young people t
Sun 08 Dec 2024, 4:40 am by Rocky
» Despite regional tensions, car companies establish a foothold in Iraq via Erbil
Sun 08 Dec 2024, 4:39 am by Rocky
» Syrian Crisis: Iraq’s “Cautious” Position and Participation Dependent on Developments
Sun 08 Dec 2024, 4:37 am by Rocky
» Security Media: Implementation of a controlled destruction operation of war remnants west of Baghdad
Sun 08 Dec 2024, 4:36 am by Rocky
» Trade excludes the impact of the Syrian crisis on the Iraqi economy and food security
Sun 08 Dec 2024, 4:35 am by Rocky
» Electricity: Smart transformation does not impose an increase in tariff prices
Sun 08 Dec 2024, 4:34 am by Rocky
» Migration: We are ready for any displacement from Syria to Iraq
Sun 08 Dec 2024, 4:33 am by Rocky
» House of Representatives holds session to vote on important draft laws
Sun 08 Dec 2024, 4:30 am by Rocky
» "Controversial" laws return again.. House of Representatives holds "important" session today
Sun 08 Dec 2024, 4:28 am by Rocky
» With the participation of Iraq.. The 26th Ministerial Meeting of the Gas Exporting Countries Forum b
Sun 08 Dec 2024, 4:25 am by Rocky
» Donating employees’ salaries... “mandatory” volunteering and a “suspicious” formula
Sun 08 Dec 2024, 4:24 am by Rocky
» Dollar exchange rates in Iraqi governorates today
Sun 08 Dec 2024, 4:23 am by Rocky
» Where did the amendment of the budget items related to oil exports in the Kurdistan Region stand?
Sun 08 Dec 2024, 4:21 am by Rocky
» Transferring its employees to Lebanon.. Iraq evacuates its embassy in Syria
Sun 08 Dec 2024, 4:19 am by Rocky