Declining interest of banks realized from the differences in selling the Central Bank of Iraq from the dollar

economybreakingcentral bankbankssalesdifferencesmarket price

 2022-08-19 07:27A-AA+

Shafaq News/ The “Iraq Future” Foundation for economic affairs indicated on Friday, a decline in the benefits of banks realized from the differences in the selling price of the dollar between the window of the Central Bank of Iraq and the market price during the first seven months of 2022.

The head of the foundation, Manar Al-Obaidi, said in a report published today, that the sales of the Central Bank window during the same period amounted to 28.4 billion dollars, indicating that the differences between the window price and the market price amounted to 536 million dollars, or 1.88%.

According to the report, the sales of the Central Bank of Iraq in 2016 and during the first seven months amounted to 17.9 billion dollars, noting that the differences achieved for the banks participating in the currency sale auction amounted to 1.1 billion, or 6.24%.

The report also noted that the Central Bank’s sales during the first seven months of 2013 amounted to $29.3 billion, and the difference achieved for the banks participating in the currency sale and purchase auction reached 1.78, at a rate of 6%.

The institution published a detailed table on the percentage of differences between the price of the dollar in the central bank window, and the market price for the first seven months of the years 2013, 2016 and 2022.

In his meeting with bin Salman, Mr. Al-Hakim: The solutions must remain Iraqi without any external pressures

  • Time: 08/19/2022 08:06:01
  • Reading: 2,795 times
In his meeting with bin Salman, Mr. Al-Hakim: The solutions must remain Iraqi without any external pressures
photo 2022 08 19 08 04 45

  {Political: Al Furat News} The head of the National State Forces Alliance, Mr. Al-Hakim, met at the beginning of his visit to Saudi Arabia, Saudi Crown Prince Mohammed bin Salman, and they stressed the close historical relations between the two brotherly peoples and ways to strengthen and document them in a way that fortifies this relationship and deepens its brotherly bonds.

A statement by his office, of which Al-Furat News received a copy, stated that Mr. Al-Hakim referred during the meeting to “the importance of integration between the two neighboring brotherly countries and its positive impact on the various sectors of cultural, economic and scientific cooperation, especially since the two countries represent a regional and international economic weight, and the need to invest the current rise in prices.” Oil will contribute to the development of the industrial and economic infrastructure of the two countries.

Mr. Al-Hakim praised “the development plans of His Highness the Crown Prince, especially the Kingdom’s Vision 2030, and the positive repercussions of those plans on the countries of the region in general and Iraq in particular.”

They touched on the developments in the Iraqi arena, and Mr. Al-Hakim stressed that “dialogue between the various parties is the best way to reach satisfactory solutions to the current political impasse in Iraq,” stressing that “solutions must remain Iraqi without any external pressures.”

He pointed to “the importance of Saudi support for the climate crisis in Iraq,” warning of “the need to find scientific solutions that contribute to limiting the effects of this dangerous crisis.”

Regionally, Mr. Al-Hakim praised the “humanitarian truce in Yemen with the need to establish it and to put final solutions to the crisis of this long-suffering Arab country.”

He also referred to “the importance of stability on both sides of the Gulf,” praising “the Iraqi role in mediating between the Islamic Republic of Iran and the Kingdom of Saudi Arabia, and its positive repercussions on the peoples of the region.”

Mr. Al-Hakim stressed that “reaching a new nuclear agreement must be an opportunity for the various parties to look to the future in a positive way and to search for participants that contribute to strengthening stability in the region.”

He stressed, “the importance of coming out with satisfactory decisions for the Arab masses from the upcoming summit in Algeria to end the state of frustration among the Arab street and to emphasize the centrality of the Palestinian cause and the importance of its remaining a symbol of the unification of the Arab peoples.”

UNAMI: The current crisis is not insurmountable, and Iraq’s sacrifices must not be in vain

  • Time: 08/19/2022 10:10:14
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UNAMI: The current crisis is not insurmountable, and Iraq's sacrifices must not be in vain

  {Political: Al Furat News} The United Nations Mission in Iraq (UNAMI) confirmed that the current political crisis in the country is “not insurmountable.”

A statement by UNAMI on the nineteenth anniversary of the attack on its headquarters in Baghdad, a copy of which was received by Al-Furat News Agency, stated: “The nineteenth of August is a day engraved in the collective memory of the United Nations Assistance Mission for Iraq (UNAMI) and the United Nations as a whole. On this day From 2003, a bombing targeted the headquarters of the United Nations Mission in Baghdad, killing 22 of our colleagues, including Special Representative Sergio Vieira de Mello, and wounding nearly 150 others.

He added, “The victims were United Nations staff working to support the country’s post-conflict recovery, and since 2009, this day has been designated as World Humanitarian Day, to be observed annually in recognition of the essential work of humanitarian workers around the world. “.

The statement continued, “We at the United Nations Assistance Mission for Iraq (UNAMI), as we remember the lives lost, the injured and the families who still bear the scars of that tragedy, we also remember the ultimate goal of their sacrifice, which is the same goal that we reiterate today: support for the people of Iraq.”

UNAMI pointed out that “Iraq has faced countless difficulties in recent years, and the current political crisis is only the last protracted challenge. However, none of the current disputes is intractable, and it cannot be considered more important than the national interest,” pointing out to “The many sacrifices that were made to restore Iraq’s standing must not be in vain: all efforts must be mobilized for dialogue and solutions in the public interest of the people.”