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Tag: US Dollar

Deficiency in the Demand & Supply of $U.S Increased Price of $U.S

Deficiency in the Demand & Supply of $U.S Increased Price of $U.S

Iraqi Dinar 123 News:– A famous economic expert Awad Fadhil said that deficiency in the satisfaction for the demand of foreign currency reflected the wish of Iraqi people to cover imports or transferring capital abroad. It has shown a continuous pressure on Iraqi dinar and not showing stability in the Iraqi domestic markets. He said in a press interview that this kind of situation demands a handsome movement in the market and to stabilize Iraqi dinar exchange rate against the…

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Iraq Will Get a Financial Support More Than $ 6.4 Billion From IMF: Zebari

Iraq Will Get a Financial Support More Than $ 6.4 Billion From IMF: Zebari

Iraqi Dinar 123 News:– On Tuesday, the Iraqi Finance Minister Hoshyar Zebari issued a statement that Iraq is waiting to get a financial support which is estimated at more than 6.4 billion U.S dollars. After a meeting with the officials of the International Monetary Fund, donors and other international financial institutions in Jordan, a press statement released by Hoshyar Zebari, he added that Iraq will receive at least 6.4 billion U.S dollars very soon. It is important that Hoshyar Zebari…

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Economic Adviser to the Iraqi PM Confirmed 60 Billion U.S Dollars Reserves at CBI

Economic Adviser to the Iraqi PM Confirmed 60 Billion U.S Dollars Reserves at CBI

Iraqi Dinar 123 News:– The economic adviser to the Iraqi Prime Minister Haider Al-Abadi rejected that Iraqi Central Bank is experiencing a state of bankruptcy. The economic adviser Muhammad Saleh said that Iraqi Central Bank is a stronger financial institution and has a handsome amount of reserves. The CBI has the broader vision and working very well on monetary policies. He also said that CBI has more than 60 billion U.S dollars and it is not correct that its reserves…

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CBI Sold More U.S Dollars Than Iraqi Imports in 2015: Economist

CBI Sold More U.S Dollars Than Iraqi Imports in 2015: Economist

Iraqi Dinar 123 News:– A famous economist David Zayer has warned about bankruptcy in the country due to continuous selling of the U.S dollar by the Iraqi Central Bank. He said that reduction in the balance of U.S dollars at the Iraqi Central Bank would generate bankruptcy in the country. He added that Iraq is very close to the bankruptcy due to massive decrease that reset the balance of hard currency reserves in the country. He further explained that bankruptcy…

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Current U.S Dollar Exchange Rate in the Iraqi Domestic Markets is Not Real: Economic Analyst

Current U.S Dollar Exchange Rate in the Iraqi Domestic Markets is Not Real: Economic Analyst

Iraqi Dinar 123 News:– Iraqi Dinar 123 News:–A famous economic and financial analyst David Zayer said that the U.S dollar exchange rate against Iraqi dinar is not the real price in the country. He said in a press interview that Iraqi Central Bank is supporting the U.S dollar exchange rate against Iraqi dinar since last 10 years. The Iraqi domestic currency markets have experienced a sudden and unexpected rise in the U.S dollar exchange rate, but it is not the…

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CBI Announces Lower Remittance Market Price in USD

CBI Announces Lower Remittance Market Price in USD

On Sunday, the Iraqi Central Bank has announced the low price of the U.S dollar against the Iraqi dinar in the Iraqi domestic markets. Now price recorded 1203 Iraqi dinars per U.S dollar. The Iraqi Central Bank issued a detailed statement indicating that the U.S dollar exchange rate dropped against the Iraqi dinar and reached at 1203 Iraqi dinars per one U.S dollar. The Iraqi Central Bank was established for an independent work under the constitutional law issued on 6th…

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CBI Processors to Control Dollar Exchange Rate

CBI Processors to Control Dollar Exchange Rate

Iraqi Dinar 123 News:– The Iraqi Parliamentary Finance Committee has confirmed that the Iraqi Central Bank is responsible to maintain the Iraqi dinar exchange rate against the U.S dollar. A Finance Committee member Jabbar Abdul Khaliq issued a statement in an interview that the Iraqi Central Bank has planned to implement a number of methods and mechanisms for selling the foreign currency especially the U.S dollars in the markets in order to maintain and stabilize the Iraqi dinar exchange rate….

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CBI Proposes New Terms for the Dollar

CBI Proposes New Terms for the Dollar

An Iraqi parliamentary finance committee member stressed that the Governor of Sarhan Slevana said in a statement that the Iraqi Central Bank should sell the U.S dollar at official rate both in Baghdad and in the Kurdistan Region. The Governor Sarhan further said that the Central Bank is selling more than 100 million dollars per day at the official rate, which is estimated at 116 thousand 600 dinars per 100 U.S dollar. But the Central Bank of Iraq is not…

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