Iraq signs 18 memorandums of understanding with Washington Today, Thursday, the Iraqi government signed 18 memorandums of understanding in Washington with American companies to develop the electricity, oil and gas sector and other sectors. The following are the memorandums of understanding signed with the American side: 1. A memorandum of understanding between the Ministry of Electricity and General Electric Company (GE) in the field of developing the energy sector. 2. A memorandum of understanding between the Ministry of Oil and Hanwell Company, to conclude a partnership in the field of devel ..read more

Iraqi Dinar / US Dollar auction results for today 4-17-2024 Results of the foreign currency selling window for Wednesday 4/17/2024 Advertisement No. (5106) The amount: Total amounts of transfers abroad (transfers, credits) 247,254,070 Total cash withdrawals 14,120,000 Total total sales 261,374,070 Note that: The selling price of documentary credits and international settlements for electronic cards is ( 1310 ) dinars per dollar. The selling price for transfer amounts abroad is ( 1310 ) dinars per dollar. The cash selling price is ( 1305 ) dinars per dollar. cbi.iq/currency_auction ..read more

Saleh: The budget tables are almost complete and will take into account urgent circumstances and variables The Prime Minister’s Advisor for Financial Affairs, Mazhar Muhammad Saleh, confirmed that the financial budget schedules for 2024 were “almost” complete. In a press statement, Saleh considered “the presentation of the financial schedules for the fiscal year 2024 by the executive authority for parliamentary approval” as a “flexible legislative path, as an integral part of the financial constants and principles of the Federal General Budget Law No. 13 of 2023 (Tripartite).” He stated, “ The ..read more

Private banks in Iraq are considering reorganizing themselves with the government structure The financial advisor to the Prime Minister, Mazhar Muhammad Salih, revealed that private banks in Iraq are considering reorganizing themselves in line with the government’s plans to reform the banking and economic sector. Saleh told {Al-Furat News} agency, “One of the international companies that is currently evaluating the government banking system has been approved and will present a new vision for restructuring government banks and in accordance with modern banking principles in terms of competition ..read more

Member of the Sudanese delegation: We will witness a rapid decline of the dollar in the coming days A member of the delegation accompanying the Prime Minister, Aed Al-Hilali, suggested that things would go towards complete control of the dollar exchange rate and a clear and rapid decline in the coming days. Al-Hilali said: For the program {Free Speech} broadcast by Al-Furat satellite channel this Tuesday evening, it was stated that: “The visit of Prime Minister Muhammad Shiaa Al-Sudani to Washington carries within it a lot of good news for the Iraqi people, as it was able to achieve many gains ..read more

Al-Fateh: Al-Sudani’s discussions with Biden are ambiguous and unknown Information / Baghdad… Ali Al-Fatlawi, a member of the Al-Fatah Alliance, commented today, Wednesday, on Prime Minister Muhammad Shia’a Al-Sudani’s discussions with the American side regarding ending the international coalition’s mission in Iraq. Al-Fatlawi told Al-Maalouma, “Al-Sudani is required to disclose the understandings he reached with US President Joe Biden and Secretary of Defense Lloyd Austin at the Pentagon.” He added, “Al-Sudani has reached proposals for a timetable for ending the international coalition’s comb ..read more

The Iraqi Central Bank warns of fake pages luring citizens with dollar purchases Shafaq News / The Central Bank of Iraq warned, on Wednesday, of fake pages on social media sites with the names of companies licensed by the bank luring citizens with fake dollar purchases. The bank confirmed in a statement received by Shafaq News Agency, that “the fake pages on social networking sites carry the names of licensed exchange companies that promote through social networking sites the sale of dollars at the official rate, where the citizen enters the link for the fake companies for the purpose of booki ..read more

Iraqi Dinar / US Dollar auction results for today 4-16-2024 Results of the foreign currency selling window for Tuesday 4/16/2024 Advertisement No. (5105) The amount: Total amounts of transfers abroad (transfers, credits) 242,594,040 Total cash withdrawals 24,320,000 Total total sales 266,914,040 Note that: The selling price of documentary credits and international settlements for electronic cards is ( 1310 ) dinars per dollar. The selling price for transfer amounts abroad is ( 1310 ) dinars per dollar. The cash selling price is ( 1305 ) dinars per dollar. cbi.iq/currency_auction ..read more

After 21 years of the dollar auction… Iraq is close to closing the window amid reassurances and warnings Iraq is approaching the end of the closure of the dollar selling window at the Central Bank – which has been controversial – over the past two decades. The Central Bank’s management plans to gradually cancel the dollar auction during the year 2024, leading to its complete cancellation by the end of the year, and to maintain it for audit and statistical purposes, in an effort to enable Iraqi banks to establish and establish solid banking relationships with the global and regional banking sec ..read more

Al-Bayati: Al-Sudani’s visit to Washington will resolve these two files Information / Baghdad… Former MP Jassem Al-Bayati confirmed on Tuesday that the Sudanese visit to Washington will have positive consequences at various levels, especially military, security and economic, pointing out that the visit would resolve the American military presence inside Iraq and strengthen the dinar against the dollar. Al-Bayati told Al-Maalouma, “The visit of Prime Minister Muhammad Shiaa Al-Sudani will have positive consequences at all stages, whether activating the strategic framework agreement between the ..read more