Home
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.]
» utube 11/19/24 MM&C MM&C-News-Report-Census-Global Transparency-Budget-Trade-Banking-Delete the Ze
» utube 11/18/24 MM&C IQD News Report - Contracts - Projects - Non Oil Revenue Streams - Activating
» North Gas announces resumption of production line (1000) after maintenance is completed
» Economist: The government is relying on weak reasons to diversify non-oil sources
» Parliamentarian reveals secrets of railway investment
» Iraqi Prime Minister: Tomorrow we will take an important step that has been delayed for years
» Federal decisions threaten to shut down two thousand factories and disrupt a quarter of a million jo
» First government comment on Israel's complaint against Iraq before the UN Security Council
» Turkish Trade Minister: Development Path is the Best Corridor in the World
» The future of international trade transactions in US dollars in Iraq
» The first project to index Iraqi manuscripts digitally
» Parliamentary Security: Army Aviation College Law Ready for Voting
» Population Census.. The Path to Development
» Population census: an important tool for achieving sustainable economic development
» Knowledge Summit 2024 kicks off, sharing visions and expertise on the future of knowledge and innova
» The Minister of Interior discusses with the representative of the Secretary-General of the United Na
» Minister of Transport confirms that the development road project will pave the way for important str
» Türkiye's exports to Arab countries amounted to $40 billion in the first ten months of this year, an
» Resumption of production line (1000) in the North Gas Company
» Al-Hakim calls for enacting a law that legally protects paramedics from tribal prosecutions
» The President of the Supreme Judicial Council discusses with the Spanish Ambassador cooperation betw
» Al-Sudani: The census is the dividing line between guesses and facts to distribute wealth according
» The Speaker of the House of Representatives discusses with the Chinese Ambassador bilateral relation
» Kurdish parties set impossible conditions for participation in the new government and formation in A
» Can America limit China's influence in Iraq?
» It will be passed soon.. Revealing the most important amendments to the Anti-Narcotics Law in Iraq
» Al-Mashhadani: The general amnesty law is at the top of our priorities for the next stage
» Al-Sudani confirms the government's desire to develop the trade balance with Türkiye
» MP: No understanding on "controversial" laws, disputes continue - Urgent
» "An important achievement" .. The government reviews the most prominent advantages provided by the p
» Al-Mashhadani confirms Parliament's support for legal agreements between Baghdad and Erbil
» There is no point in changing them.. Politician: The new ministers will be nominated by the same par
» Al-Hakim calls for enacting a law that legally protects paramedics from tribal prosecutions
» Al-Sudani: The census is the dividing line between guesses and facts to distribute wealth according
» The Speaker of the House of Representatives discusses with the Chinese Ambassador bilateral relation
» The third scenario for the chaos of the Middle East.. An Iraqi movement talks about the "Al-Hawl exp
» Al-Sudani: Tomorrow we will take an important step that has been delayed for years (video)
» Al-Sadr warns the government and parliament of two "important" matters
» Iraqi-Iranian talks to implement Basra-Shalamcheh railway
» Until the end of the month.. UAE announces cancellation of flights to Baghdad
» Foreign Minister: Iraq's policy is based on establishing balanced relations
» Al-Sudani: Election of Parliament Speaker helps the Council to continue performing its duties
» Revealing the details of the meeting between the President of the Republic and the Judicial Council
» Türkiye: Our relationship with Iraq included the economy in a comprehensive and broad manner
» Ministry of Commerce denies intentions to withhold food ration cards linked to population census
» Baghdad and Washington discuss the tense situation in the regional environment
» The dollar continues to rise
» Al-Sudani directs an urgent appeal to the Iraqis
» MM&C 11/17/24 For the first time in Iraq.. Efforts to establish an "Investment Association" to attr
» utube 11/16/24 MM&C-News Report-Iraq Dinar-Oil-Flow-Global Maritime Trade-Cross Border Transfer-Ex
» Global conflicts move to Iraq.. America and China fight economically in Baghdad
» Al-Sudani: Iraqi openness to comprehensive partnership with Türkiye and developing trade balance
» Accused of negligence, the Parliamentary Energy Committee calls on Al-Sudani to hold the “Baghdad El
» Al-Maliki's coalition notes Al-Sudani's performance in three files
» On charges of forgery... Al-Dulaimi complains about Al-Halbousi before the Integrity Commission
» Al-Karawi: The government mortgaged the port of Faw to companies affiliated with the Zionist entity
» Parliamentary Integrity: We will proceed with the ministerial amendment even if the government delay
» Reopening of applications to the morning private government education channel
» Bitcoin rises after weekly losses
» Al-Maliki Coalition: The government amendment does not exceed three ministerial portfolios
» Parliamentarian: Amending the Election Law is out of the question
» Israel threatens to target infrastructure in Iraq and assassinate "prominent figures"
» Parliamentary regions: Article 140 road is closed
» The Central Bank of Iraq's dollar sales increased
» Al-Alaq reviews to the President of the Republic the Central Bank’s plans to develop the banking sec
» Al-Atwani to the French Embassy delegation: Halting external borrowing indicates an improvement in I
» Parliamentary move against Kar Oil Company: Suspicions of "fake" electricity supply
» Parliamentary Health: Iraq suffers from a large surplus in the number of doctors and pharmacists by
» It causes a loss of one billion dollars per month.. A date has been set for the resumption of Kurdis
» Türkiye blames Iraq: You waste water and do not have good management in rationalizing it
» Iraq rejects “COP29” proposal: We will not get rid of fossil fuels, as they are the basis of our eco
» Bitcoin nears $90,000 after biggest drop since election
» For the first time, Iraq issues the commodity structure of exports and imports
» Procedures for (automating) the work of Baghdad International Airport
» Planning: No cuts to benefits or taxes due to census
» International organizations praise the government's national initiatives
» {Official platform} to combat rumors
» Al-Sudani: The census will be used exclusively to develop development plans
» Justice audits financial movements in its departments
» Al-Imar to {Sabah}: 3 residential cities in Baghdad to be referred soon
» Kurdistan Region of Iraq plans to receive 10 million tourists annually
» Discussion of mineral investment and export mechanisms
» Consensus on the importance of planning in achieving sustainable development
» Corporate Restructuring: Stimulating Economic Growth
» Iraq's commitment to OPEC decisions controls oil prices
» Delete zeros and evaluate the dinar
» Economists: Empowering the private sector requires a legislative system
» Preparations for holding meetings of the Iraqi-Egyptian Committee
» Parliamentary Legal Committee to Nina: Controversial and important laws will be passed in one go in
» Central Agency for Public Mobilization and Statistics to Nina: The census activities are completely
» Turkish Trade Minister to visit Iraq tomorrow, Monday, heading a delegation of businessmen
» Slight decrease in dollar exchange rates in local markets
» Basra Gas Company launches the “Safe Step” program to raise awareness of the dangers of mines and wa
» With high-level governmental and international presence... the activities of the Iraqi Digital Space
» Ministry of Oil: FCC project to produce derivatives to be completed in the middle of next year
» Does America influence the decisions to form the regional government?.. 5 critical months
» Search for remains of the eight-year war postponed until 2025.. Diggers await spring
» US forces reposition in the "Desert Triangle" in western Iraq