Home
[size=30]The dollar is falling after "massive rumors" in Iraq[/size]
The Minister of Finance says that a devaluation of the dollar is "not out of the question" at the moment.
[You must be registered and logged in to see this image.]Iraqi Finance Minister Ali Allawi - Photo: AFP
The Minister of Finance says that a devaluation of the dollar is "not out of the question" at the moment.
[You must be registered and logged in to see this image.]Iraqi Finance Minister Ali Allawi - Photo: AFP
Erbil (Kurdistan 24) - Dollar prices in Iraq recorded a noticeable decline today, Saturday, due to reports related to statements attributed to Finance Minister Ali Allawi.
The price of the dollar ranged between 147,500 and 14,800 thousand dinars, but the decline amounted to 146,500 once in most Iraqi markets.
This decline comes before a meeting of the Iraqi parliament, in which it is supposed to host Finance Minister Ali Allawi and the Governor of the Central Bank to discuss the exchange rate.
There was little change in the exchange rate in the Kurdistan Region.
Currency traders say that the decline in the exchange rate is mainly due to the "massive rumors" that emerged after statements attributed to the Minister of Finance in which he refused to meet with Parliament.
Kurdistan 24 was not able to reach the minister for comment.
- Read also: [You must be registered and logged in to see this link.]
Rumors often contribute to creating confusion in the markets, especially those related to alleged moves to restore the exchange rate to its previous state.
The Minister of Finance says that a devaluation of the dollar at the present time "is out of the question".
The leader of the Sadrist movement, Muqtada al-Sadr, had issued a set of proposals regarding the exchange rate, including "summoning" the Minister of Finance and the Governor of the Central Bank.
As a result, the First Deputy Speaker of Parliament, Hakim al-Zamili, a leader in the Sadrist movement, submitted a request to summon the two officials to Parliament.
And according to what was attributed to Allawi, he refuses to meet the request because it is outside the powers of Al-Zamili.
[You must be registered and logged in to see this link.]
» MM&C 11/8/24 Does printing the currency in Iraq cost huge amounts?.. An expert answers
» utube 11/9/2 MM&C News Reporting-Sudani Art IV IMF-Port Faw Open-CBI Governor-No Room for Tw
» To approve controversial laws... new political understandings between the blocs
» TBI opens two branches in Sulaymaniyah and Erbil and distributes 10,000 bank cards in Kurdistan
» Private Banks Association: The rate of financial inclusion for electronic payment is increasing
» Following the extension of the legislative term... a representative of "Al-Jabal": More than 120 law
» The leak of “billion-dollar bribes” shakes the atmosphere... Al-Sudani’s advisor is in the eye of th
» Central Statistical Organization: $24.6 billion in Iraqi imports in 2023
» Operating Iraqi factories... citizens' hope and influential merchants' obstacle
» Al-Sudani Office: Spreading lies is the weapon of the bankrupt
» Al-Maliki: The government and political forces must abide by the statement of the authority
» Parliamentary Security: US forces entered Iraq for the purpose of occupation
» Politician: Next year's budget will face several challenges
» White House Position Awaits Iraqi Beauty Who Helped Trump Return to Presidency
» Dana Gas achieves $112 million in profits in nine months in Kurdistan
» Al-Maliki warns against the explosion of internal crises and the activity of Baath Party cells in Ir
» Find out Iraq's global and Arab ranking with the highest average per capita wealth for the year 2024
» Al-Sudani's advisor: We have put in place a mechanism to provide loans to these groups
» A set of recommendations from Al-Sudani to reform the financial and banking system in Iraq
» Economist: Mistakes are being made in dealing with Basra crude prices
» MP reveals reason behind rising real estate prices in Basra
» Private Banks Association: Financial inclusion rate rose to 48%
» Economic Center Proposes Establishing a Ministry or Authority for Artificial Intelligence in Iraq
» Head of the "Homeland" coalition to "Nina": New understandings between parliamentary blocs to pass c
» Interior Minister chairs meeting to discuss preparations for securing Arab Summit in Baghdad
» The Prime Minister of the Kurdistan Regional Government discusses with the Japanese Ambassador to Ir
» Al-Maliki: Iraq is a key country in the region, not a marginal one
» Al-Araji discusses with the Iranian military attaché in Baghdad ways to enhance the security and sta
» Expectations of delaying the formation of the regional government until next year due to the lack of
» Tens of thousands of victims.. Will Iraq be able to remove mines before the end of 2028?
» Parliamentary satisfaction with intelligence efforts: The quality of information contributed to dire
» Trump wants to meet Sudani soon
» Kurdistan Finance delegation in Baghdad to discuss October salaries
» Voting this week.. Political dialogues to resolve differences over controversial laws in parliament
» Oil: Associated gas investment in the north reached 410 MCM
» With a length of (2444) meters.. Transport explains the strategic importance of the submerged tunnel
» Government Media: 670 model schools completed in all governorates
» For these reasons, Al-Mashhadani came to power as Speaker of Parliament.
» For these reasons, Al-Mashhadani came to power as Speaker of Parliament.
» Iraq reveals Iranian pledges not to use its territory in any attack
» Al-Mashhadani’s first test: “One month” before the Iraqi parliament to decide on “controversial” law
» Al-Sudani directs Jordanians to enter Iraq without a visa
» Wasted wealth.. More than 50% of Iraqi factories are out of operation
» Saleh Al-Mutlaq: “General amnesty” is designed for thieves
» Parliamentarian: Cancellation of the international coalition withdrawal agreement from Iraq is possi
» Government 'furious' at spreading lies: Law will take its right course
» Baghdad Mayor launches new phase to achieve sustainable development at Cairo Urban Forum
» Spreading lies is the weapon of the bankrupt.. The government: We will continue the war on corruptio
» Chairman of the Advisory Board of the Council of Ministers denies an audio recording attributed to h
» Installing GPRS systems in tankers transporting products to combat smuggling in Iraq
» With a length of (2444) meters.. Transport explains the strategic importance of the submerged tunnel
» Al-Sudani threatens: We will take revenge on anyone who tamperes with Iraq's security
» Al-Sudani calls Trump.. Agreement on coordination to end the war in the region
» Economic calls for Iraq to withdraw from OPEC.. What are the reasons?
» Dollar exchange rates in Iraqi markets this morning
» Disagreements and quarrels.. What happened in the last meeting of the State Administration Coalition
» What are the possible scenarios for forming the regional government?
» Proposal to establish a ministry or body dedicated to artificial intelligence in Iraq
» Urgent | Including increasing the number of branches.. Al-Sudani issues 6 directives to develop the
» Al-Alaq describes the parallel dollar as “abnormal”: There is great stability in prices
» utube 11/5/24 MM&C MM&C News Report-ICC-Investors-RIYADA BANK-Port of Faw-3 Presidents Seated-Removi
» Foreign Ministry: Iraqi-Saudi Coordination Council to convene in Baghdad next month
» Travelers demand cancellation of electronic reservations by government banks in selling them dollars
» Al-Sudani directs to increase bank branches to expand financial services and modernize buildings in
» Census Without Nationalities: An Attempt to Write a New Narrative of Iraq’s Unity
» Diplomatic Embrace or the Specter of Sanctions: Iraq Sways in Positions towards Trump
» The National: The British Army Returns to Iraq Under New Pretext
» Zidane and Al-Mandlawi discuss the issue of approving laws related to the work of the judiciary
» MP: The ministerial change is not linked to a specific component or party
» For these reasons, Al-Mashhadani came to power as Speaker of Parliament.
» Al-Kroui to Al-Maalouma: 4 oil and gas fields on the table of the upcoming licensing rounds
» Raouf: The region needs more time to form the new government
» Al-Sudani issues 6 directives to increase financial inclusion and raise its indicators in all govern
» Kurdistan Men's Union Diagnoses Danger Threatening Society's "Collapse" and Proposes Polygamy
» Anbar explains details of the Western Desert irrigation project and sets its opening date
» Large ships at the five berths of Al-Faw Port
» Al-Marsoumi: Faw Port and Development Road will generate revenues worth 6 trillion dinars in 2038
» Nearly half of Iraq's factories are "stopped"... moves to rescue them
» Gulf central banks follow the Federal Reserve and cut interest rates
» Iraqis are the most likely to buy real estate in Jordan in 2024
» Iranian-Sudanese agreement to expand economic and trade cooperation
» Completion of 670 schools in all Iraqi governorates
» Al-Sudani's advisor: We have put in place a mechanism to provide loans to these groups
» A set of recommendations from Al-Sudani to reform the financial and banking system in Iraq
» A dialogue seminar in Basra discusses the anti-torture file and fair trial mechanisms
» The conclusion of the Ninth International Scientific Conference of the College of Veterinary Medicin
» Minister of Interior from Amman: The government has launched a major campaign to improve the service
» Al-Bujari: The Grand Faw Port Project is an opportunity to do justice to graduates of maritime speci
» Al-Sudani announces a package of new banking directives to enhance financial inclusion in the govern
» Iraqi oil returns to gains as Iran-Israel tensions escalate
» Next week... Parliament is close to resolving the controversial laws
» Zidane discusses with Mandalawi and Maliki cooperation between the judicial and legislative authorit
» Al-Atwani to Al-Maliki: We have embarked on a new philosophy for managing the financial sector based
» Al-Sudani issues a set of recommendations to reform the financial and banking system in Iraq
» Iraq's Maritime Future.. Everything You Need to Know About Faw Port and Completion Rates (Video)
» Trump poses a threat to Iraq's budget
» A detailed explanation of the implications of Trump’s victory on Iraqi oil policy
» Minister of Interior inaugurates the unified card system at the Iraqi Consulate in Jordan