Latest Iraqi Business News
WEB3rd October 2024 in Construction & Engineering In Iraq, Iraq Industry & Trade News, Iraq Oil & Gas News. By John Lee. Iraq's Cabinet has revised the sale price of asphalt to 450,000 dinars [$343] per ton, up from 350,000 dinars, applicable equally to both public and private sectors. Asphalt from the Qayyarah refinery will remain at 300,000 ...
Iraq Tenders - Iraq Business News
WEBIraq Tenders. To have an Iraq tender published, please email [email protected]. Date Added. Description. Company/Ministry. Deadline. 30th September 2024. Capacity Development Strategy. International Labour Organization (ILO)
Possible Revaluation of the Iraqi Dinar? | Iraq Business News
WEBNov 4, 2022 · Al Araby also cites the Iraqi Finance Minister as saying that the dinar value will not be changed in the 2023 budget bill. It adds, however, that former Prime Minister Nouri Al Maliki has suggested an exchange rate of 1,375 dinars per dollar, down from the current level of 1,460, but not back to the pre-devaluation level of 1,182.
Central Bank discusses Increasing the Value of the Iraqi Dinar
WEBMar 14, 2024 · By John Lee. On Thursday, Iraq's Finance Committee, chaired by Atwan Al-Atwani, convened with its members and the Governor of the Central Bank of Iraq (CBI), Ali Al-Alaq, to discuss monetary policy, the banking system, and methods to increase the value of the Iraqi dinar.. Al-Atwani stressed the importance of monitoring the economic file and monetary policy based on oversight principles.
Iraq Oil & Gas News | Iraq Business News
WEB26th September 2024 in Iraq Oil & Gas News. By John Lee. Iraq's Deputy Minister of Oil for Refining, Hamid Younis (pictured), has announced the ministry's commitment to achieving self-sufficiency in all types of petroleum products to support the national economy. The country has already stopped importing gas oil (kerosene) and white oil, and ...
Iraq Restores Value of Dinar - Iraq Business News
WEBFeb 7, 2023 · The Iraqi authorities have approved a revaluation of the Iraqi dinar. In a statement said on Tuesday, the Central Bank of Iraq (CBI) said that, starting on Wednesday, t he exchange rates will be as follows: 1,320 dinars per dollar: the sale price of the dollar from banks and non-bank financial institutions to the final beneficiary. The dinar ...
Dinar Revaluation News - Iraq Business News
WEBJun 28, 2024 · By a Guest Blogger. Any opinions expressed are those of the author(s), and do not necessarily reflect the views of Iraq Business News. The Iraqi Dinar Revaluation Scam: An Examination of False Hope and Financial Deception Introduction The notion that the Iraqi Dinar (IQD) will appreciate in value by an …
The Iraqi Dinar Revaluation Scam: False Hope, Financial Deception
WEBAug 29, 2024 · This essay will explore the history of the Iraqi Dinar revaluation scam, the demographics it targets, and the improbability of the currency's value ever increasing as advertised. The History of the Iraqi Dinar Scam. The origins of the Iraqi Dinar scam can be traced back to the early 2000s, following the U.S.-led invasion of Iraq in 2003.
Central Bank of Iraq (CBI) - Iraq Business News
WEB5 days ago · By John Lee. A court in the Netherlands has recognized and granted the enforcement of an arbitration award against the Central Bank of Iraq (CBI). The International Chamber of Commerce (ICC)'s International Court of Arbitration in Paris granted the award in favour of Abu Dhabi-based Cardno ME (CME) on February 26, 2023.
CBI takes action to Stabilise Iraqi Dinar Exchange Rate
WEBDec 22, 2022 · The Central Bank of Iraq (CBI) has announced a package of measures to help stabilise the dinar/dollar exchange rate.. A translation of the statement from the CBI list the following: Allowing the banks participating in the foreign currency buying and selling window to buy any amounts in foreign currency and deposit them with this bank in accounts used for external transfer purposes, and to pay ...