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Disparity in the exchange rates of the dollar between Baghdad and the provinces


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Learn about the prices of the dollar and foreign currencies in the Iraqi market

02:01
Learn about the prices of the dollar and foreign currencies in the Iraqi market

Fourth - follow up

The (fourth) publishes the prices of foreign currencies, gold and oil globally, according to the Iraqi Political Economic Center, today, Friday, 18.2.2022.

The prices were as follows:

The selling price of the dollar is 148,250

Dollar purchase price 147,500

==============

100 euros 113,65 dollars

100 pounds 136.12 dollars

 

100 dollars 1361,41 Turkish liras

==============

The global price of an ounce of gold is 1891.18 $

==============

The price of a barrel of Brent crude oil is 92.72 dollars

The price of a barrel of US crude oil is 89.65 dollars

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IRAQI DINAR EXCHANGE RATES (FEBRUARY 18)

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PM:01:23:18/02/2022

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SULAIMANI — The US dollars to the Iraqi dinar (IQD) exchange rates were down in the Kurdistan Region’s currency markets on Thursday (February 18).

$100 was at 147,500 Iraqi dinars, 600 IQD lower than the previous day.

100 British pounds was at 197,000 Iraqi dinars, and 100 euros was at 165,000 Iraqi dinars.

(NRT Digital Media)

 

https://nrttv.com/En/detail6/2607

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 2022-02-19 03:30
 

Shafaq News/ The exchange rates of the US dollar against the Iraqi dinar decreased significantly, on Saturday, in the main stock exchange in the capital, Baghdad, prior to the meeting of the Iraqi Parliament with Minister of Finance Ali Allawi, and Governor of the Central Bank of Iraq, Mustafa Ghaleb Mokheb, to discuss the exchange rate.

Shafak News Agency correspondent said that the Al-Kifah and Al-Harithiya Central Stock Exchange in Baghdad registered this morning 146,500 Iraqi dinars, compared to 100 US dollars.

Last Thursday, prices were recorded at 147,900 Iraqi dinars, compared to 100 US dollars.

Our correspondent indicated that buying and selling prices decreased in exchange shops in the local markets in Baghdad, where the selling price amounted to 147,000 Iraqi dinars per 100 US dollars, while the purchase prices amounted to 146000 Iraqi dinars per 100 US dollars.

In Erbil, the capital of the Kurdistan Region, the dollar exchange does not trade on public holidays.

On Thursday, the Presidency of the Iraqi Parliament announced that it had summoned Finance Minister Ali Allawi and Central Bank Governor Mustafa Ghalib to attend the council building.

The Presidency stated, in a brief statement, that the summoning of financial officials came as a "response" to the directives of the leader of the Sadrist movement, Muqtada al-Sadr.

On Thursday, Al-Sadr presented six proposals regarding the exchange rate of the dollar against the Iraqi dinar, including summoning the Minister of Finance, Ali Allawi, and the governor of the Central Bank, Mustafa Ghaleb, immediately.

Al-Sadr's proposals included, "strongly stopping currency smuggling, looking into the matter of some banks such as (Middle East, Al-Qabd, and Al-Ansari) belonging to some people who control the currency, and other private banks, and dealing firmly with banks belonging to some of the parties controlling the country and people."

In addition, Al-Sadr urged "to organize the Iraqi currency market centrally and in a correct manner, by enacting some laws that increase the value of the dinar exchange rate."

On Friday, the currency market in the city of Sulaymaniyah urged residents not to sell their hard currency, dollars, at a low price.

 

The market sent a message to the residents, saying, "It is better to take caution and not sell your dollars at a cheap price until the morning of the next day of the Iraqi parliament meeting to see what will happen."

According to the letter, "the market is unstable and prices are unreasonable."

 

It is noteworthy that the annual inflation in Iraq rose significantly after raising the exchange rate of the dollar against the dinar in the 2021 budget, to equal every 100 dollars 145 thousand dinars, after it was 121 thousand.

It is worth noting that all the prices of materials and commodities in the Iraqi market witnessed a significant increase, in conjunction with the devaluation of the dinar, which sparked a wave of strong resentment among the popular circles, as well as the objections of some interested in economic affairs.

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 2022-02-19 02:40
 

Shafaq News/ The owner of one of the exchange offices in Baghdad confirmed today, Saturday, that the rumors behind the low exchange rates of the dollar.

The exchange rates of the US dollar against the Iraqi dinar fell significantly, on Saturday, in the main stock exchange in the capital, Baghdad, prior to the meeting of the Iraqi Parliament with Minister of Finance Ali Allawi, and Governor of the Central Bank of Iraq, Mustafa Ghaleb Mikheib, to discuss the exchange rate.

Where the Al-Kifah and Al-Harithiya Central Stock Exchange in Baghdad, this morning, recorded 146,500 Iraqi dinars, compared to 100 US dollars.

The owner of Al-Baha Exchange Office, Hassan Al-Yasiri, said in an interview with Shafaq News Agency; "What is currently happening in the low exchange rates of the dollar is due to the rumors circulating about the government's tendency to reduce the prices of the dollar in the general budget," noting that "these rumors led to confusion in the markets and to jurisprudence in the buying and selling operations of the dollar."

He added, "The difference in prices in buying and selling operations was not limited to exchange offices, but also included the main stock exchange offices in Al-Kifah and Al-Harithiya," stressing that "these prices currently do not represent the real dollar prices."

On Friday, an official source in the Iraqi Ministry of Finance strongly ruled out the possibility of changing the exchange rate and reducing the value of the dollar against the dinar because of its negative repercussions on the country's economy.

On Thursday, the Presidency of the Iraqi Parliament announced that it had summoned Finance Minister Ali Allawi and Central Bank Governor Mustafa Ghaleb to come to the parliament building "immediately" tomorrow, Saturday.

The Presidency stated, in a brief statement, that the summoning of financial officials came as a "response" to the directives of the leader of the Sadrist movement, Muqtada al-Sadr.

On Thursday, Al-Sadr presented 6 proposals regarding the exchange rate of the dollar against the Iraqi dinar, including summoning the Minister of Finance, Ali Allawi, and the governor of the Central Bank, Mustafa Ghaleb, immediately. 

On December 19, 2020, the Central Bank of Iraq officially announced the adjustment of the foreign exchange rate (the US dollar) to 145,000 dinars for every $100, according to the state's general budget for the year 2021 approved by the House of Representatives.

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  • Time: February 19 2022 10:06:11
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A new drop in the dollar exchange rate
  
{Economic: Al Furat News} The dollar exchange rates in the local markets witnessed a new decline, today, Saturday.

And the selling prices of the dollar were 147,000 dinars per 100 dollars, while the purchase prices of the dollar were 146,500 dinars per 100 dollars.

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19159060401614263697.jpg?v=1645268476
 

Earth News/ Today, Saturday, Diyala governorate witnessed a great demand for selling the dollar and converting it into Iraqi dinars.
An economic source in Diyala told Earth News, "Exchanges in Baquba and the rest of the cities witnessed an increase in the rate of citizens' turnout to sell the dollar and replace it with the Iraqi dinar."
The source added, "The rate rose between 5-10% within 24 hours," noting that "the purchase of foreign currency has become very limited due to fear of the exchange rate collapsing to lower levels after the tweet of the leader of the Sadrist movement, Muqtada al-Sadr, and the developments that followed, including today's session. headed by Al-Zamili.
Today, Saturday, the House of Representatives discussed the dollar exchange rate, in the presence of the Governor of the Central Bank.
The Presidency of Parliament announced, earlier, the hosting of the Minister of Finance and the Governor of the Central Bank, today, Saturday, to discuss the exchange rate of the dollar.
On Friday, the Federal Minister of Finance, Ali Allawi, refused to appear before Parliament at the invitation of the leader of the Sadrist movement, Muqtada al-Sadr, considering that the government is not an executive arm of the parties.

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 2022-02-19 09:54
 

Shafaq News/ The exchange rates of the dollar fell against the Iraqi dinar, on Saturday, when the main stock exchange in Baghdad was closed.

 

Shafak News Agency correspondent said that the Central Kifah and Al-Harithiya Stock Exchange closed in Baghdad at 146,400 Iraqi dinars, compared to 100 dollars, while the recorded price this morning was 146,500 dinars, compared to 100 dollars.

 

Our correspondent indicated that buying and selling prices have stabilized in banking shops in the local markets in Baghdad; The selling price was 147,500 Iraqi dinars, while the purchase price was 145,500 dinars per 100 US dollars.

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Dollar exchange rates continue to decline in Iraq – urgent

1645286948_186542-810x540.jpg
بغداد-اليوم-150x91.png
News source / Baghdad today

Baghdad today - Baghdad

Dollar prices recorded a decline with the closing of the local stock exchange on Saturday (February 19, 2022).

The prices were as follows, according to the monitoring of (Baghdad Today) correspondents, in the center and south:

Buy 145.250  

Selling 146.250

The dollar prices were recorded this morning, stable in the local markets in Baghdad and the provinces, where the exchange rate was as follows:

Selling 148.500 dinars

Purchase 147.500 dinars

North

Selling 148.500 dinars

Purchase 147.500 dinars

the South

Selling 148.500 dinars

Purchase 147.500 dinars

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 2022-02-19 11:13
 

Shafaq News/ The owner of one of the exchange offices in Baghdad confirmed today, Saturday, that the rumors behind the low exchange rates of the dollar.

The exchange rates of the US dollar against the Iraqi dinar fell significantly, on Saturday, in the main stock exchange in the capital, Baghdad, prior to the meeting of the Iraqi Parliament with Minister of Finance Ali Allawi, and Governor of the Central Bank of Iraq, Mustafa Ghaleb Mikheib, to discuss the exchange rate.

Where the Al-Kifah and Al-Harithiya Central Stock Exchange in Baghdad, this morning, recorded 146,500 Iraqi dinars, compared to 100 US dollars.

The owner of Al-Baha Exchange Office, Hassan Al-Yasiri, said in an interview with Shafaq News Agency; "What is currently happening in the low exchange rates of the dollar is due to the rumors circulating about the government's tendency to reduce the prices of the dollar in the general budget," noting that "these rumors led to confusion in the markets and to jurisprudence in the buying and selling operations of the dollar."

He added, "The difference in prices in buying and selling operations was not limited to exchange offices, but also included the main stock exchange offices in Al-Kifah and Al-Harithiya," stressing that "these prices currently do not represent the real dollar prices."

On Friday, an official source in the Iraqi Ministry of Finance strongly ruled out the possibility of changing the exchange rate and reducing the value of the dollar against the dinar because of its negative repercussions on the country's economy.

On Thursday, the Presidency of the Iraqi Parliament announced that it had summoned Finance Minister Ali Allawi and Central Bank Governor Mustafa Ghaleb to come to the parliament building "immediately" tomorrow, Saturday.

The Presidency stated, in a brief statement, that the summoning of financial officials came as a "response" to the directives of the leader of the Sadrist movement, Muqtada al-Sadr.

On Thursday, Al-Sadr presented 6 proposals regarding the exchange rate of the dollar against the Iraqi dinar, including summoning the Minister of Finance, Ali Allawi, and the governor of the Central Bank, Mustafa Ghaleb, immediately. 

On December 19, 2020, the Central Bank of Iraq officially announced the adjustment of the foreign exchange rate (the US dollar) to 145,000 dinars for every $100, according to the state's general budget for the year 2021 approved by the House of Representatives.

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 2022-02-19 09:54
 

Shafaq News/ The exchange rates of the dollar fell against the Iraqi dinar, on Saturday, when the main stock exchange in Baghdad was closed.

 

Shafak News Agency correspondent said that the Central Kifah and Al-Harithiya Stock Exchange closed in Baghdad at 146,400 Iraqi dinars, compared to 100 dollars, while the recorded price this morning was 146,500 dinars, compared to 100 dollars.

 

Our correspondent indicated that buying and selling prices have stabilized in banking shops in the local markets in Baghdad; The selling price was 147,500 Iraqi dinars, while the purchase price was 145,500 dinars per 100 US dollars.

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A new drop in the dollar in Baghdad... and exchange offices: the currency market is turbulent
  
{Economic: Al Furat News} The dollar exchange rate fell on the Baghdad Stock Exchange today, Sunday.

The stock market recorded selling the dollar at 1452 dinars, or 145 thousand and 200 dollars for one hundred dollars.
The dollar exchange rates recorded yesterday, Saturday, in Baghdad, 1465 dinars to the dollar.
The owners of exchange offices described the currency market as unstable and turbulent between rise and fall after Parliament discussed the repercussions of the dollar's rise and attempts to confront it amid popular calls to reduce the exchange rate to the previous rate. 

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 2022-02-20 09:16
 

Shafaq News/ Hours after the opening of the Baghdad market decreased on Sunday, the exchange rates of the US dollar against the Iraqi dinar continued to decline, on the main stock exchange in the capital, Baghdad. 

Shafak News Agency correspondent said that the Central Kifah and Al-Harithiya Stock Exchange in Baghdad registered at 3 pm this evening 144,300 Iraqi dinars, compared to 100 US dollars.

While the dollar exchange rates recorded this morning in Baghdad 145,400 Iraqi dinars, compared to 100 US dollars.

Our correspondent indicated that buying and selling prices decreased in banking shops in the local markets in Baghdad, where the selling price amounted to 143500 Iraqi dinars per 100 US dollars, while the purchase prices amounted to 145500 Iraqi dinars per 100 US dollars.

The owners of the exchange offices in Baghdad confirmed earlier today, Sunday, that they had expanded the difference between buying and selling to ten figures, and while they demanded the Central Bank to determine its position on the process of changing the price of the dollar, an economist considered that the fluctuation in the price of the dollar led to a recession in markets.

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 2022-02-20 05:47
 

Shafaq News/ The owners of exchange offices in Baghdad confirmed today, Sunday, that they have expanded the difference between buying and selling to ten figures, and while they demanded the Central Bank to determine its position on the process of changing the price of the dollar, an economist considered that the fluctuation in the price of the dollar led to a stagnation in the markets.

Muhammad Hussein, the owner of the Fez exchange office, said in an interview with Shafaq News Agency, "What is currently happening with regard to the process of buying and selling the dollar is just jurisprudence, even for the major stock exchanges, and these jurisprudence is driven by rumors that in turn confused the market," noting that "what is happening of dollar sales belong to the citizens. Those who fear that the dollar will fall more, and not the exchange companies, as a result of rumors that indicate a decrease in the dollar.”

He added, "Some companies have stopped and refrained from buying or selling operations, while some other companies are immunizing themselves by setting a difference of 10 digits (tiger) between selling in relation to the stock price and ten digits between buying in relation to stock exchange prices after it was limited to five. numbers".

for his part; The owner of Al-Yaqin exchange office said in an interview with Shafak News Agency; “There is great confusion in the processes of buying and selling the dollar, and this confusion affected the work as a result of the Central Bank selling the dollar to offices through auction at a price of 146000 dinars per 100 dollars, while what is currently available from the price in the markets is 144500 dinars per 100 dollars, which is less Much more than bank rates.

He pointed out that "the market will remain in a state of confusion as a result of the existence of these rumors," calling on "the Central Bank to speak publicly by defining its position on changing the price of the dollar or not, or determining a specific time for changing the price of the dollar."

for his part; The economic expert, Hilal Al-Tahan, said in an interview with Shafaq News Agency, "The calls to reduce the exchange rate led to fluctuation in exchange rates, and therefore there is no buying of the US dollar at the present time, and I expect that there will be more decreases, and those who own dollars are trying to sell the dollar in any way for fear of loss."

Miller added; "The fluctuation will lead to an economic stagnation in the market, and consequently, the buying and selling operations will decrease, not only the dollar, but even residential houses, lands, goods and services," noting that "the citizen is waiting for the matter to be finally resolved by the government through the 2022 budget."

He pointed out that "the increase in the dollar's exchange from 120 to 145 thousand dinars compared to 100 dollars during the 2021 budget and the use of the shock method in dealing with the conditions of the Iraqi economy had a great impact on the rise in prices in the markets, where the exchange rate rose by nearly 25 percent, but the prices of goods Some of them rose to 100 percent and even 150 percent," noting that "this is due to the greed of some merchants and the government's lack of control over the markets, which affected the poor and even middle class of employees."

Miller emphasized; That "the arrival of financial surpluses after the rise in the price of oil globally began, there were calls to reduce the exchange rate of the dollar, which are realistic and correct calls, as this rise cannot continue after most of the people were affected by that, with the improvement of the financial situation and a good economy for Iraq."

It is noteworthy that the exchange rates of the dollar witnessed a decrease with the presence of calls to reduce the prices of the dollar with the improvement and the rise in oil prices, so that the Baghdad Stock Exchange recorded this morning, Sunday, 14500 dinars against the dollar, and the owners of the exchange offices worked hard in selling the dollar and the lack of clarity about the government’s direction to reduce the price of the dollar or not.

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 2022-02-20 09:16
 

Shafaq News/ The exchange rates of the US dollar decreased against the Iraqi dinar, on Sunday, on the main stock exchange in the capital, Baghdad, and in the Kurdistan Region.

Shafak News Agency correspondent said that the Central Kifah and Al-Harithiya Stock Exchange in Baghdad was registered at five o'clock local time in Baghdad evening - 1700 = 1200 GMT - the price of 142200 Iraqi dinars for 100 US dollars.

This decline is the second within hours, after the dollar exchange rates recorded this morning in Baghdad 144,500 Iraqi dinars, compared to 100 US dollars.

Our correspondent indicated that buying and selling prices also decreased in banking shops in the local markets in Baghdad, where the selling price amounted to 142,000 Iraqi dinars per 100 US dollars, while the purchase prices amounted to 144,000 Iraqi dinars per 100 US dollars.

In Erbil, the capital of the Kurdistan Region, dollar prices also witnessed a decrease, as the selling price reached 144,250 dinars per 100 US dollars, and the purchase price reached 143,250 dinars per 100 US dollars.

The owners of banking offices in Baghdad confirmed earlier today, Sunday, that they had widened the difference between buying and selling, and while they demanded the Central Bank to determine its position on the process of changing the price of the dollar, an economist considered that the fluctuation in the price of the dollar led to a stagnation in the markets.

It is noteworthy that the dollar exchange rates witnessed a decline with the presence of calls to reduce the dollar prices with the improvement and the rise of oil prices, thus the owners of the exchange offices worked hard in selling the dollar and the matter was not clear about the government's direction to reduce the dollar price or not.

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Source:
 
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Today, Sunday, the dollar exchange rates fell to their lowest level in nearly a year.

And the selling prices of the dollar were 142.500 dinars per 100 dollars, while the purchase prices of the dollar were 141.500 dinars per 100 dollars.

The Central Bank of Iraq had decided to adjust the exchange rate of the dollar against the Iraqi dinar, within the budget for the year 2021, as the purchase price of the dollar from the Ministry of Finance amounted to 1450 dinars, and the price of selling it to banks was set at 1460 dinars per dollar, while the selling price to the citizen is 1470 dinars per dollar.
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A noticeable decline in the dollar at the closing of the Baghdad Stock Exchange

20220221537image.jpg
 
News source / NR TV channel

 

The exchange rates of the US dollar fell against the Iraqi dinar, today, Sunday, when the main stock exchange in Baghdad was closed.
 
The exchange rate on the Al-Kifah and Al-Harithiya Central Stock Exchange, with closing, reached 142,250 dinars, after it was 144,500 dinars in the morning, compared to 100 dollars.
 
Buying and selling prices decreased in banking shops in the local markets in Baghdad, where the selling price reached 141,000 dinars, while the purchase price was 143500 dinars per 100 dollars.
 
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https://shafaq.com/en/Economy/USD-closes-lower-in-Baghdad-s-markets-0-7

USD/IQD exchange rate hits a new low, experts warn of recession

2022-02-20 07:18
 

Shafaq News/ The US dollar (USD) exchange rate against the Iraqi dinar (IQD) continues to nosedive in an accelerating manner in Baghdad and Erbil, Shafaq News Agency correspondent reported on Sunday.

Our correspondent said that al-Harithiyah and al-Kifah Central Exchanges are trading the USD at a rate of 144300 IQD to 100.

Over the past two days, the USD shrugged nearly 5,000 IQD of its value in the Iraqi market, 2300 IQD on Sunday alone.

The buying and selling rates in the parallel markets of Baghdad stood at 143500 and 145500 IQD to 100 USD, respectively.

The parallel markets traders deliberately widened the gap between the selling and buying rates to maintain a safe margin for concerns of a further drop in the rate, urging the Central Bank of Iraq (CBI) to adopt a new official rate. 

Financial experts warned of the economic stagnation that might accompany the volatile exchange market by halting trade.

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