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Today, A Slight Decline In The Central Bank’s Sales Of Hard Currency

Economie| 01:58 – 06/17/2021   Baghdad – Mawazine News, the Central Bank of Iraq’s sales of hard currency fell, on Thursday, slightly.

Today, the Central Bank’s auction for the sale and purchase of foreign currencies witnessed a decrease in its sales by 0.84% to reach 211 million and 578 thousand and 732 dollars, which the bank covered at a base exchange rate of 1460 dinars, for each dollar.

The purchases amounting to 197 million and 778 thousand and 732 dollars went to enhance balances abroad in the form of remittances and credits, while the remaining amount of 13 million and 900 thousand dollars went in cash.

Yesterday, Wednesday, the central bank sales of the dollar amounted to 213 million and 380 thousand and 597 dollars. Ended 29/A 4    https://www.mawazin.net/Details.aspx?jimare=157350

Thursday.. The Iraqi Stock Exchange Is Trading 801 Million Shares With More Than 806 Million Dinars

Economie| 02:50 – 06/17/2021   Baghdad – Mawazine News  The Iraqi Stock Exchange announced, on Thursday, the circulation of 801 million shares, with a financial value of more than 806 million dinars.

The market said in a report seen by / Mawazine News /, that “the number of companies whose shares were traded during the day amounted to 33 joint-stock companies, while the shares of 51 companies were not traded due to the lack of convergence of the prices of purchase orders with sales orders, while 18 companies continued to be suspended for not providing disclosure out of 103 A company listed on the market.

He added that “the number of traded shares amounted to 801 million and 647 thousand and 474 shares, with a financial value of 806 million and 977 thousand and 179 dinars through the implementation of 502 transactions,” noting that “the ISX60 traded price index closed at 567.76 points, recording an increase of 0.51% from its closing in previous session.

He pointed out that “the number of shares purchased from non-Iraqi investors for the past week amounted to 149 million shares, with a financial value of 408 million dinars, through the implementation of 111 deals, while the number of shares sold from non-Iraqi investors reached 37 million shares, with a financial value of 190 million dinars, through Execution of 13 deals.  https://www.mawazin.net/Details.aspx?jimare=157361

The Minister Of Finance Chairs The Eleventh Session Of The Committee For Preparing The Budget Strategy For The Years 2022-2024

Political | 04:09 – 17/06/2021   Baghdad – Mawazine News   Yesterday, Wednesday, Minister of Finance Ali Abdul-Amir Allawi chaired the eleventh session of the committee for preparing the federal general budget strategy for the medium term 2022-2024, in the presence of the advisors of the Prime Minister, the Undersecretary of the Ministry of Finance, the Undersecretary of the Ministry of Planning, the ministry’s advisors, and the general managers of the ministry and related ministries.

A statement by the ministry, which Mawazine News received a copy of, stated that during the meeting, the report submitted by the Ministry of Oil was presented, which includes determining the revenues generated from the increase in the prices of barrels supplied to government refineries affiliated with the Ministry of Oil, in addition to discussing determining the dues of foreign companies operating in the oil sector under round contracts. licenses, and determine the tax revenue of those companies.

During the meeting, it was proposed to determine the expected revenues for the benefit of the state’s public treasury from sales of petroleum products. The meeting also discussed the detailed report submitted by the Ministry of Industry on its future strategy and vision towards reviving and developing the industrial sector in Iraq for the years 2022-2024.

During the meeting, Allawi stressed the importance of adopting mechanisms and systematic steps according to scientific frameworks, including those related to the oil and industry sectors, which would contribute to maximizing revenues along with the rest of the other revenues within the framework of strenuous efforts towards achieving comprehensive development for the benefit of the Iraqi economy and its development. https://www.mawazin.net/Details.aspx?jimare=157370

Parliament Sets A Date For Its Session And Publishes Its Agenda

Political | 01:06 – 17/06/2021   Baghdad – Mawazine News, the media department of the House of Representatives published, on Thursday, the agenda of the parliament’s session for next Tuesday.

The Council’s media department stated, in a statement received by Mawazine News, a copy of it, that “the agenda of the parliament session for next Tuesday included voting on the draft law ratifying the air transport agreement between Iraq and Saudi Arabia, voting on the proposed law to protect the human rights employee, and voting on a proposed law. Sports clubs,” noting that “the table also includes the first reading of the draft law addressing the period for receiving applications stipulated in Law No. 163 of 2016 the first amendment to the Law of Ownership of Documents Bearing Pseudonyms for Displaced Persons and Emigrants No. (79) of 2012.”

She pointed out that “the table includes the first reading of the draft law of the twenty-first amendment to the Owners Law No. 20 of 1960, the first reading of the draft law on approving financial statements in the fiscal year ending 2014, and the first reading of the draft law on statistics and geographic information systems, as well as the first reading of the proposed syndicate law. People with health professionals.” Ended 29/A 43 https://www.mawazin.net/Details.aspx?jimare=157342

The Dollar Is Declining And Central Bank Sales Are Declining

Time: 06/17/2021 10:44:17 Reading: 4,004 times  {Economic: Al-Furat News} The dollar exchange rates decreased in Baghdad, today, Thursday.

The Baghdad Stock Exchange recorded 1486 dinars per dollar, or 148 thousand and 600 dinars per hundred dollars.

In Erbil, the exchange rate reached 1490 dinars for sale and 1485 dinars for purchase.

While the Central Bank of Iraq sold, in its foreign currency auction today, 211 million and 578 thousand and 732 dollars, which is less than yesterday’s sales, which exceeded 217 million.

The total sale for the purposes of strengthening balances abroad (remittances, credits) was 197 million and 678 thousand and 732 dollars, while the cash sale was 13 million and 900 thousand dollars. LINK

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