TLM724 Administrator BondLady’s Corner
The Central Bank: An Unprecedented Rise In Foreign Reserves
Economie| 04:59 – 01/19/2022 Baghdad – Mawazine News The data of the Central Bank of Iraq for the year 2021, Wednesday, showed an unprecedented growth in its foreign reserves compared to previous years.
A brief statement of the Central Bank, a copy of which was received by Mawazine News, stated that this growth was achieved thanks to its diversified investments and its management in accordance with monetary policy based on best international practices away from risks. https://www.mawazin.net/Details.aspx?jimare=182076
Dollar Exchange Rates Against The Dinar
Economie| 10:41 – 19/01/2022 Baghdad – Mawazine News publishes / Mawazine News /, the exchange rates of the dollar against the Iraqi dinar in the local markets, for today, Wednesday.
And the selling prices of the dollar were recorded at 148,300 dinars per 100 dollars, while the purchase prices of the dollar were recorded at 148,200 dinars per 100 dollars. Ended 29/N33
The Council Of Advisers In The Prime Minister Clarifies The Fact That A Decision Regarding Import Was Issued
Economie| 09:04 – 19/01/2022 BAGHDAD – Mawazine News, today, Wednesday, the Council of Advisers in the Presidency of the Council of Ministers denied issuing a decision related to import.
In a statement received by Mawazine News, the authority said, “We renew that our role is a technical advisory, and we are not the authority to issue a decision in any aspect of the work of ministries and state institutions.”
She added, “What is attributed to us regarding taking a decision related to import and the like is surprising, except that it reveals a lack of understanding of the mechanisms for issuing a government decision that are confined to the Council of Ministers or the Ministerial Council for Economy.”
And the commission called for “not to rush to announce positions and accusations that are totally false and attributable to the commission that are outside its role and advisory function.” Ended 29/N33
https://www.mawazin.net/Details.aspx?jimare=182036
Oil Prices Are At Their Highest Levels In 7 Years, And Brent Crude Exceeds $ 89
Economie| 08:34 – 19/01/2022 Follow-up – Mawazine News, trading data on the stock exchanges indicates that the price of a barrel of Brent crude oil exceeded $89 for the first time in the last seven years, i.e. since October 13, 2014.
By 05.08 Baghdad time, the price of futures contracts for the month of May rose March for Brent crude rose 0.60 percent to $89.03 a barrel, and March futures for WTI crude rose 1.80 percent to $86.36.
It is reported that, as of May last year, “OPEC +” reduced production by 9.7 million barrels per day due to the decrease in demand for oil caused by the Corona virus pandemic, and with the stabilization of the situation in the market, the terms of the agreement were modified. Ended 29/N33
