Home
POSTED ON[You must be registered and logged in to see this link.] BY [You must be registered and logged in to see this link.]
[size=52]Parliamentary Finance Committee comments on US decision to stop Iraq's transactions in Chinese Yuan[/size]
[size=45][You must be registered and logged in to see this image.]
2024-07-16
Member of the Parliamentary Finance Committee, MP Moeen Al-Kadhimi, described today, Tuesday, the decision of the US Federal Reserve to stop transfers in Chinese yuan as “arbitrary” against the Iraqi economy.[/size]
[size=45]Al-Kadhimi said in a statement, "The decision to stop transfers in the Chinese yuan was issued by the US Federal Reserve, claiming that there were suspicions about some transfers in the Chinese yuan."[/size]
[size=45]He pointed out that "the Central Bank of Iraq has contracted with an international company to evaluate and monitor transfers, and this company is a source of acceptance and trust for the US Federal Reserve."[/size]
[size=45]He pointed out that "after a short period, the Central Bank of Iraq will resume transferring remittances in Chinese yuan to Iraqi traders in general," indicating that "these measures of the US Federal Reserve are considered arbitrary against Iraq and its national economy."[/size]
[size=45]The Central Bank of Iraq stopped dealing in the Chinese yuan after the US Federal Reserve accused Iraq of “inflating remittances.”[/size]
[size=45]During the current period, America has worked to destroy the Iraqi currency by imposing sanctions on private banks and preventing the dollar under many pretexts, which in one way or another led to a severe financial crisis in local markets. End/25m[/size]
[size=45][You must be registered and logged in to see this link.]
[size=52]Parliamentary Finance Committee comments on US decision to stop Iraq's transactions in Chinese Yuan[/size]
[size=45][You must be registered and logged in to see this image.]
2024-07-16
Member of the Parliamentary Finance Committee, MP Moeen Al-Kadhimi, described today, Tuesday, the decision of the US Federal Reserve to stop transfers in Chinese yuan as “arbitrary” against the Iraqi economy.[/size]
[size=45]Al-Kadhimi said in a statement, "The decision to stop transfers in the Chinese yuan was issued by the US Federal Reserve, claiming that there were suspicions about some transfers in the Chinese yuan."[/size]
[size=45]He pointed out that "the Central Bank of Iraq has contracted with an international company to evaluate and monitor transfers, and this company is a source of acceptance and trust for the US Federal Reserve."[/size]
[size=45]He pointed out that "after a short period, the Central Bank of Iraq will resume transferring remittances in Chinese yuan to Iraqi traders in general," indicating that "these measures of the US Federal Reserve are considered arbitrary against Iraq and its national economy."[/size]
[size=45]The Central Bank of Iraq stopped dealing in the Chinese yuan after the US Federal Reserve accused Iraq of “inflating remittances.”[/size]
[size=45]During the current period, America has worked to destroy the Iraqi currency by imposing sanctions on private banks and preventing the dollar under many pretexts, which in one way or another led to a severe financial crisis in local markets. End/25m[/size]
[size=45][You must be registered and logged in to see this link.]
» utube 8/22/24 MM&C IQD Update - Iraqi Dinar News - FED Court Reject Appeal - WTO - Purchase Power
» 8/22/24 MM&C Trade holds virtual meeting with WTO to discuss ways of cooperation and joint coordina
» MP calls for severing economic ties with Türkiye
» Stopping all investment projects for building residential complexes in Anbar
» Including Article 140... The Democratic Party reveals the negotiating paper
» Parliamentary invitation to host the responsible authorities to find out the reason for the rise in
» Completion of deploying security belts around the second largest gas field in eastern Iraq
» Kirkuk Council discusses filling Turkmen positions and launching 7,000 job positions
» For the first time... Karbala is equipped with 1,700 megawatts of energy
» Iraq discusses with Total France adding 1,000 megawatts to the national grid
» Iraq imports French medicines worth more than $60 million in 2023
» Trebil.. "Intensive" American movements on the Iraqi-Jordanian border strip
» "Sedition" of auctions against Al-Sudani.. The government is "balanced" and the people will confront
» Integrity: Severe imprisonment for former directors of municipalities of Babylon and Hillah for viol
» "Parliamentary satisfaction" on addressing 7 black files: It is wrong to obstruct the path of govern
» List of dollar exchange rates in local markets
» Executors reveal the hidden.. An American newspaper reveals the secrets of a “secret operation” duri
» Half a year after the formation of local governments, no evaluation of the governors’ work... “overl
» After 5 parliamentary sessions... Have Iraqi women imposed their presence politically and in decisio
» Iraq prepares plan to rehabilitate prisoners through operational workshops
» Parliament Speaker Selection Crisis.. Halbousi Obstructs Negotiations: The Seat Is a Share of Progre
» Under the direction of the Prime Minister, a government committee announces the launch of 24 strateg
» Al-Sudani reiterates that the international community and major countries have failed to take positi
» More than 100 tons.. Iraq is the ninth largest buyer of gold in 2024
» In numbers.. New statistics on arrivals and departures through Iraqi ports
» The secret behind the increasing number of foreigners coming to Iraq... What is the story of "dark d
» Continuous threat.. Iraqi families live in a worrying situation and warnings of waves of displacemen
» Spy network inside the Prime Minister's office shakes circles
» 16 States Sue Biden Admin Over New Amnesty Program
» RFK Jr. Suspends Presidential Campaign, Backs Trump
» NYC on Track to Spend $10 Billion on Illegal Aliens Over 3 Years
» California Proposal to Give Home Loans to Illegal Aliens Comes Under Fire
» Biden Administration’s Latest Illegal Immigration Scam: The BorderLine
» The Facts Behind Biden-Harris Admin’s Loss of 300K Migrant Kids
» Harley-Davidson’s Retreat on Woke Policy Revs Up the Grassroots
» utube 8/20/24 MM&C Iraq Dinar News -IQD Update - A ReCap of Events - PetroDinar - Al-Sudani Moneta
» Al-Halbousi refused to attend.. A meeting between Barzani and Al-Khanjar
» "Sedition" of auctions against Al-Sudani.. The government is "balanced" and the people will confront
» Al-Sudani: Government reforms raised tax revenues by 22%
» Iraq grants work permits to more than 196,000 foreign workers in 5 months
» $65 billion is the volume of Iraq's trade exchange with 11 countries for the first half of 2024
» Parliamentary Finance: Iraq needs more than 7 trillion monthly to finance salaries
» Politician: Water file and development path are not a justification for the government’s silence in
» MP Al-Maliki: US Ambassador's statements lead to more chaos and instability
» Al-Tamimi: Basra Council is working on developing a plan to enhance investment in Iraq
» Planning announces the cancellation of receiving files of contracting companies and contractors and
» Wael Abdel Latif: The Minister of Oil hides what is behind the obstacle
» Türkiye raises the stakes... Baghdad and the region are obliged to remain silent
» US withdrawal from Iraq...the lie of the century
» Parliamentary Legal Committee demands an official Iraqi position against the US Ambassador
» Completion of plans for the largest investment hospital in eastern Iraq
» Is Iraq heading towards printing new paper currency?
» Al-Sudani: Government reform raised tax revenues by 22% in 8 months
» Unemployment rates are rising in Iraq.. Economist: The government has lost young people
» Parliamentarian calls on Sudanese regarding those manipulating state properties
» New figures on the number of foreign visitors arriving in Iraq
» 2025.. The year of reducing pollution and desertification in the country
» Parliamentary Agriculture: The agreement with Türkiye will regulate the file of “shared rivers”
» Ports: Fluidity in trade exchange
» Achievements reach 90% at the entrances of the immersed tunnel in Al-Faw Port
» Clearing the land of the Al-Nebras Petrochemical Project from mines
» Islamic Banks Association: A national electronic payment company contributes to enhancing developmen
» Projects stalling between extinction and treatment
» Oil revenues under the microscope of the Extractive Industries Transparency Authority
» Planning: Cancellation of receiving paper files of contracting companies and contractors and switchi
» Al-Sudani stresses the importance of tax reforms in supporting the non-oil economy
» Continued vacancy.. A complex crisis that is getting more complicated by Halbousi’s fingers and leav
» Can Washington “limit” Tehran’s economic expansion in Iraq? Expert answers - Urgent
» Al-Sudani directs to study the project of establishing the first gas company in eastern Iraq
» What happens after the gas crisis in Iran worsens? Will it affect Iraq? An expert answers
» Cabinet Secretariat: There is no truth to converting self-financing companies to central financing
» Economist points to a “solution” that will “lower” the dollar exchange rate
» Iraq grants work permits to more than 196,000 foreign workers in 5 months
» Economist puts “extortion, bribery and smuggling” as the main causes of dollar exchange rate fluctua
» Al-Sudani: Iraq preceded other countries in the region in introducing artificial intelligence studie
» Economist offers solutions to address the violations of low-income people in public places
» Gas flares poison Basra’s atmosphere…and the concerned authorities are “silent”
» "Iraq's loss is great" .. Arrest of 4 accused of smuggling oil derivatives
» Economist explains the benefit of the “trade exchange platform” and confirms: US Treasury sanctions
» Warning of a financial crisis due to manipulation of budget tables... and a demand to reveal the fac
» Iraqi MPs launch campaign to collect signatures to summon Central Bank Governor to Parliament
» The political crisis continues.. The selection of the parliament speaker is delayed despite intensiv
» Loans to buy houses and cars from TBI Bank.. up to 150 million
» Iraq and Saudi Arabia discuss activating the joint coordination council
» Barzani chairs meeting in Erbil to resolve issue of electing parliament speaker
» Labor announces the launch of full-time appointee salaries
» Iraq shares Kirkuk oil profits with BP. Will it succeed in attracting international companies?
» A year after its approval, the Council of Ministers approves the transfer of “Al-Rashid Camp” to sus
» Economist describes unemployment as a “time bomb” and explains: its continuation is a loss to the na
» Between voluntary and natural oil production cuts... How will Iraq's economy be affected?
» Higher Education announces the results of amending the nomination and accepting students of the prev
» Border Ports Authority: The number of visitors arriving in Iraq exceeded 3 million and 200 thousand
» Oil announces export of liquefied gas from Iraqi ports after increasing its local production
» Lebanon announces payment of $530 million of Iraqi fuel dues, $250 million remaining
» Parliamentary Committee Talks About Iraq-Turkey Agreement, Calls for New Dams
» Trade Bank of Iraq announces details of 4 types of loans for employees
» Ankara denies allegations of ending Turkish military presence in Iraq
» The House of Representatives enters the line.. Relationships provide investment opportunities for a