Exchange Rates Rise In Baghdad, Stabilize In Erbil With Closure, 31 JAN

 Exchange Rates Rise In Baghdad, Stabilize In Erbil With Closure

Economy  | 12/30/2024  Mawazine News - The US dollar rose against the Iraqi dinar in Baghdad markets on Monday, while it stabilized in Erbil, the capital of the Kurdistan Region, with the closing of the stock exchange.

The dollar also rose with the closing of the two main stock exchanges in Baghdad, Al-Kifah and Al-Harithiya, to record 151,750 dinars per 100 dollars, while it recorded 151,600 dinars per 100 dollars this morning.

Selling prices rose in exchange shops in local markets in Baghdad, where the selling price reached 152,000 dinars per 100 dollars, while the purchase price reached 151,000 dinars per 100 dollars.

In Erbil, the dollar recorded stability, where the selling price reached 151,700 dinars per 100 dollars, and the purchase price reached 151,600 dinars per 100 dollars. https://www.mawazin.net/Details.aspx?jimare=258060

MAJEED: " THE CBI ON JAN 2 WILL CHANGE THE OLD NOTES WITH THE NEW ONE!!" , 31 DEC

MAJEED

 By CBI Jan 2 people in iraq will change the old note with the new one 

5:35 PM · Dec 30, 2024

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352.4K

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Yes, Mr. Donald J freaking Trump.. We will January 1, 2025 Iraq will launch the new 

digital payment system

Al-Hassan in New Year's greetings: Iraqis can draw a better future!! @DINARREVALUATION

 

40 Trillion Dinars Is Iraq's Internal Debt.. Does The Government Have The "Key" To Repay It?, 1 jan

 40 Trillion Dinars Is Iraq's Internal Debt.. Does The Government Have The "Key" To Repay It?

Time: 2024/12/30 17:56:16 Reading: 819 times  {Politics: Al Furat News} Member of the Parliamentary Finance Committee, Jamal Kojer, revealed Iraq’s internal debts, which exceeded 40 trillion dinars.

Kocher told {Euphrates News} that: "Regarding Iraq's internal debts, the numbers speak of more than 40 trillion, and the majority of the debts belong to the government banks, Rafidain, and TBI."

He added, "The government is now able to pay these debts if it opts for withdrawing them from the bank reserve.

" Kocher stressed "the need to schedule debt repayment as a result of the banks' role parallel to the government's role in providing job opportunities and supporting the private sector."

The financial advisor to the Prime Minister, Mazhar Muhammad Salih, announced that Iraq has exited the risks of external debts, and that (Iraq) is a well-fortified country.

He stressed that the ratio of debts to the gross domestic product does not constitute a burden on the state, as it amounts to (5) percent of the gross domestic product, and is confined within the (government banking) system.  LINK

TIDBIT FROM SANDY INGRAM, 31 DEC

 Sandy Ingram 

  Right now Iraq is among 20 countries classified under the US State Department's Level 4 do not travel warnings. 

 The other [countries like] Belarus, Afghanistan, Haiti, Iran, Lebanon, North Korea, Russia, Somalia, Syria, Ukraine, Venezuela and Yemen. 

 The revaluation of Iraq's currency and its removal from the US State Department's level 4 do not travel list are interconnected...  

MAJEED: "The rate about to change and Kurdistan will receive HCL" @DINARREVALUATION #iraqidinar

 

JEFF: " Iraq would need to pause and suspend credit and lending practices to rise the IQD"