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Tuesday ... a sudden reversal and a decline in the dollar exchange rate in the local markets in Baghdad


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The exchange rate of the dollar today against the Iraqi dinar, Wednesday

 

Al-Mustaqilla // .. After statements made by Minister of Finance Ali Allawi and a statement issued by the Central Bank indicating that the exchange rate was fixed at 145 dinars against the dollar, the dollar exchange rate rose to 145,000 thousand Iraqi dinars in the local markets.

 

A source told Al-Mustaqillah ... that the Al-Kifah Central Stock Exchange in Baghdad recorded 145,000 Iraqi dinars against 100 US dollars this evening, and Al-Harithiya Stock Exchange in Baghdad recorded 145,000 dinars against 100 dollars.

 

And the Central Kifah Stock Exchange in Baghdad recorded this morning 136,800 Iraqi dinars for 100 US dollars.

This rise comes after an official statement issued by the Central Bank of Iraq today, Saturday, to adjust the foreign currency exchange rate of the dollar to 145 thousand dinars for every 100 dollars. (End)

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The exchange rates of the dollar recorded a sudden decline at the close today, Tuesday, May 4, 2021, in the main stock exchange and local markets in the capital, Baghdad.   The exchange rate o

No worries HS, just that the sudden decline part caught my attention so I thought I'd share.     pp

Hey pp,  I do agree on the “sudden” part.  After 15+ years for many on this site,  we all could use a big “SUDDEN”, and an HUGE decline in the value of the dollar against the Dinar.  Lik

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  •  Time: 12/19/2020 18:14:13
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The high exchange rate of the dollar within two hours
  
{Baghdad: Al Furat News} _ The exchange rates of the dollar against the Iraqi dinar rose within two hours.

And the dollar’s price has now risen to 142 thousand dinars against $ 100 dollars in the Kifah Stock Exchange: Saturday 12/19 hours 6 pm.

Raghad Daham

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The high exchange rate of the dollar within two hours

http://www.alliraqnews.com/modules/news/article.php?storyid=105357

Editing date: 12/19/2020 18:51135 times read
The high exchange rate of the dollar within two hours
[Baghdad_Where]
The exchange rate of the dollar against the Iraqi dinar rose within two hours.
[And the price of the dollar has now risen to 142 thousand dinars against $ 100 dollars at the Kifah Stock Exchange: Saturday 12/19 at 6 pm.
 
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Economy news

Today, Sunday, the exchange rate of the dollar recorded a remarkable increase in the local markets

Posted 2 minutes ago
News source / Mawazine News
520122020_20201212_113116-836-810x486.jp
Mawazine News
News source / Mawazine News

 

08:38 - 12/20/202

Baghdad

The exchange rates of the dollar against the Iraqi dinar recorded , on Sunday, a rise in the main stock markets and local markets.
And
our correspondent stated, that the exchange rates in the local markets recorded a rise as it reached .. Selling
price
: 143,000 dinars per 100 dollars Purchase
price
: 140,000 dinars per 100 dollars
This
and the Ministry of Finance announced in an official statement yesterday, Saturday, that it will take measures starting
today, Sunday. , Related to raising the exchange rate of the dollar against the dinar, to address the repercussions of the
financial crisis in the country. Ended 29 / p4

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Legal: The Central Bank has the power to hold accountable banks that do not adhere to the dollar rate

 
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The information / Baghdad ..

The legal expert, Ali Al-Tamimi, explained, on Sunday, that the Central Bank has its law and can hold accountable banks that do not comply with the price of selling the dollar.

Al-Tamimi said to / the information /, that “the central bank has authority under its law through which it can close banks that violate its instructions and decisions,” indicating that “the rise in the exchange rate of the dollar to 1450 violates articles 30 and 31 of the Iraqi constitution that require the state to provide a free and decent life and income. This procedure is also appropriate and violates Articles 23 and 26 of the International Covenant on Civil and Political Rights, which all countries in the world that are members of the United Nations Organization must abide by.

He added, “The Central Bank Law No. 56 of 2004 is an independent body under Article 3 of this law and also the Central Bank’s instructions for the year 2017, and therefore it is the one that determines the exchange rate. “.

He pointed out that “there is a possibility to challenge this law if it is legislated by Parliament before the Federal Court, and Parliament can not agree to legislate this law and return it to the government for an amendment because Parliament can do so constitutionally as it represents society, according to Article 61 of the Constitution .. as well as Article 13 of the Law Financial Department 6 of 2019 ”. 25 n

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1608190962579.jpg
 

The Central Bank's decision to reduce the Iraqi dinar comes into effect

  •  
 2020-12-19 23:47
The Central Bank's decision to reduce the Iraqi dinar comes into effect
 

Shafaq News / An official at the Central Bank of Iraq said on Sunday that the new price has been launched for selling the dollar in the public auction for the sale of the currency.

 

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The exchange rates of the dollar against the Iraqi dinar increased again in the main stock markets and local markets, today, Sunday (December 20, 2020).

 

As for the exchange rate in the local markets, it also rose, as it was:

 

Sale price: 143,000 dinars per $ 100.

Purchase price: 140,000 dinars per $ 100

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The high exchange rates of the dollar in the local markets

Sunday, December 20 2020 10:24 AM
 
The high exchange rates of the dollar in the local markets

 

Baghdad / National News Center -

The exchange rates of the dollar against the Iraqi dinar recorded, on Sunday, a rise in the main stock market and local markets.
Our correspondent stated that the exchange rates in the local markets recorded a rise as it reached ..
Selling price: 143,000 dinars per 100 dollars
Purchase price: 140,000 dinars per 100 dollars
This and the Ministry of Finance had announced in an official statement yesterday, Saturday, that it will take measures starting today, Sunday. , Related to raising the exchange rate of the dollar against the dinar, to address the repercussions of the financial crisis in the country

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47 minutes ago, 6ly410 said:

The high exchange rates of the dollar in the local markets

Sunday, December 20 2020 10:24 AM
 
The high exchange rates of the dollar in the local markets

 

Baghdad / National News Center -

The exchange rates of the dollar against the Iraqi dinar recorded, on Sunday, a rise in the main stock market and local markets.
Our correspondent stated that the exchange rates in the local markets recorded a rise as it reached ..
Selling price: 143,000 dinars per 100 dollars
Purchase price: 140,000 dinars per 100 dollars
This and the Ministry of Finance had announced in an official statement yesterday, Saturday, that it will take measures starting today, Sunday. , Related to raising the exchange rate of the dollar against the dinar, to address the repercussions of the financial crisis in the country

 

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Looking official.... 12/20/2020

 

US dollar USD 1460,000
Euro EUR 1789.814
Pound sterling GBP 1975.818
Canadian dollar CAD 1142.857
Swiss franc S.FR 1653.454
Swedish krona SEK 176.723
Norwegian krone NOK 170.195
Danish krone DKK 240.591
Japanese yen JPY 14.140
Chinese Yuan CNY 223.173
Australian dollar AUD 1108.724
Special drawing rights SDR 2108.196
Gold for 24-ounce Gold 2725637.500

 

 

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28 minutes ago, DinarDavo said:

Looking official.... 12/20/2020

 

US dollar USD 1460,000
Euro EUR 1789.814
Pound sterling GBP 1975.818
Canadian dollar CAD 1142.857
Swiss franc S.FR 1653.454
Swedish krona SEK 176.723
Norwegian krone NOK 170.195
Danish krone DKK 240.591
Japanese yen JPY 14.140
Chinese Yuan CNY 223.173
Australian dollar AUD 1108.724
Special drawing rights SDR 2108.196
Gold for 24-ounce Gold 2725637.500

 

 

Is this chart coming directly from cbi official exchange rate? Because i see the rate $1=1460 iqd ( previously ,the rate was $1=1190 iqd ).

And 1 sdr=2108.196/1460=1.4439, therefore, 1 sdr=1.4439usd.

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The exchange rates of the dollar rose in the main stock market and local markets, today, Sunday (December 20, 2020).

The Kifah Stock Exchange recorded 146,000 dinars against 100 dollars, while the exchange rates on the Kifah Stock Exchange yesterday evening recorded 138,000 dinars per 100 dollars.

As for the exchange rates in the local markets, they also rose, as the selling price was: 147,000 dinars per 100 dollars, and the purchase price: 144,000 dinars per 100 dollars.
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  •  
 2020-12-20 06:33
 

Shafaq News / Mosul markets woke up on Sunday to a cycle of conflicts and problems between merchants and shop owners, due to the rise in the dollar exchange rate to 1,450 dinars.

On Saturday (19 December 2020), the Central Bank of Iraq officially announced the adjustment of the foreign currency exchange rate (the US dollar) to 145 thousand dinars for every 100 dollars.

Heavy losses

Omar Ahmed, a food supplier, told Shafaq News; He lost nearly 40 million dinars, and today the loss has worsened because he is forced to pay off debts at the new price, pointing out that shop owners do not accept to pay their debts at the new price and say that the payment is at the old price when it was 1225.

Ahmed saw; The problem is not only in their loss, but in the prices of materials that have started to rise from today, and this will be on the shoulders of the citizen and the daily wage workers, and whoever was living miraculously and in ability, he needs a miracle in order to live and satisfy his family after today, noting that Nineveh has an unemployment rate of 40 % According to the latest official statistics.

The government is forcing us to commit suicide

As for Ali, who is one of the daily paid workers in the market, he sits today on the side of the road, describing the market as a curfew, and he did not work for a single dinar today.

He told Shafaq News, "I work every day from 5 to 8 thousand dinars, so how will I live in the coming days?"

He asked, "What does the government want from us? Does it want us to kill ourselves, commit suicide, or steal so that our families can live and survive."

Although I had to spontaneously mention the word of theft and had no intentions to do so, the high cost of living and the high prices will complicate the matter and may raise the rates of criminal crimes in the coming period, coinciding with the difficulty of living and the conditions that Nineveh experienced in general and Mosul in particular.

The biggest crisis

As for Abdullah, who is the owner of a shop, he stated that he will be forced to raise prices in the coming days after the expiry of the old goods and materials, and he will be like a mediator and have nothing to do with the rise, but the victim at the beginning and the end is the citizen only. It may not come out of it.

Abdullah believed that the real crisis is not only in the rise. The real problem and the major crisis is the delay in salaries, meaning that cash will not go into the market regularly and at that hour people will be in a position they do not envy.

The most difficult year

As for the relief activist Muhammad Karim; He told Shafaq News Agency; "Next year will be the most difficult for the people of Mosul, especially in light of the presence of a large number of widows and orphans in this city, which witnessed the most violent war in modern history, indicating that" the poor need a miracle and a miracle to live.

On Sunday, an official at the Central Bank of Iraq stated that the new pricing for the sale of the dollar was launched in the public auction for the sale of the currency.

The source said to Shafaq News Agency, "The bank has started applying the new price to sell the dollar," adding that "it was sold in today's auction for 1,450 dinars per dollar."

According to a document received by Shafaq News Agency; The governor of the Central Bank issued a directive to government and private banks informing them of the new dollar exchange rate.

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The dollar is dropping in Iraq below the official central bank rate

The dollar is dropping in Iraq below the official central bank rate
 
{Baghdad: Al Furat News} The exchange rates of the dollar fell, in Iraq, on Monday.

The price of the dollar in Baghdad today reached 1430 dinars, or 143 thousand per hundred dollars.
In Basra governorate, 1,425 dinars, and in Erbil, 1,420 dinars.
The central bank decided the day before yesterday, Saturday, to amend the dollar exchange rate, as follows: 
1450 dinars per dollar, the price of buying foreign currency from the Ministry of Finance.
1460 dinars per dollar the selling price of foreign currency to banks.
1470 dinars per dollar is the selling price of foreign currency to the public.
The Ministry of Finance attributes the reason for the increase in the dollar exchange rate to reducing the large deficit in the 2021 budget.
Ammar Al-Masoudi

 


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  •  
 2020-12-21 06:18
 

Shafaq News / The exchange rates of the dollar in Baghdad markets continued to decline today, Monday, December 21, 2020.

Shafaq News Agency correspondent said that the Central Kifah Stock Exchange in Baghdad registered 138,500 Iraqi dinars against 100 US dollars this afternoon, and Al-Harithiya Stock Exchange in Baghdad recorded 138,500 dinars compared to 100 dollars. 

While the Central Al-Kifah Stock Exchange in Baghdad this morning recorded 142,500 Iraqi dinars against 100 US dollars.

Our correspondent indicated that the selling and buying prices also decreased in the exchange shops in the local markets in Baghdad, where the selling price reached 139,500 Iraqi dinars, while the purchase prices reached 137,500 dinars per 100 US dollars.

Some owners of exchange offices attributed this decline to the existence of a large offer to sell the dollar after some gains were made by some dealers and citizens after it was bought at reduced prices before it rose.

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Kurdistan region: the low exchange rate of the dollar against the dinar

  • MONDAY, 21-12-2020, AM 11:03
  •  
  • TAYSEER AL-ASADI
  •  
  • 830
  •  

http://non14.net/public/images/large/9-1608537820.jpg

The exchange rates of the dollar against the Iraqi dinar declined today, Monday, in the currency markets of the Kurdistan Region.

Currency dealer in Sulaymaniyah market, Shwan Hadi, told Kurdish media: With the opening of the currency markets, the exchange rate of 100 dollars against the Iraqi dinar fell to 142 thousand and 500 dinars, indicating that the dollar exchange rate decreased compared to the exchange rate yesterday, Sunday.

He added: The prices of the rest of the currencies against the Iraqi dinar are as follows: 100 pounds = 189.250 dinars. 100 Euro = 173.250 dinars. 100 Turkish lira = 17.750 thousand dinars. 100 thousand Iranian tomans = 6 thousand dinars

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