BGG – News Highlights & Comments
Iraqi Supreme Court: Article 140 Is In Force And Must Be Implemented
The legal expert Khalil Mirani said in an interview with the official website of the Kurdistan Democratic Party that the Federal Supreme Court issued a few days ago its decision on the constitutional article 140, explaining that according to the court’s decision, Article 140 of the articles of the Iraqi Constitution is not in any form and must be implemented, he said.
He added that “the decision came in response to the people and the Iraqi forces, which claimed that the 140 has expired, but the Kurds insist on it, because the Iraqi authorities when the implementation of any constitutional article in favor of the Kurds do not implement.”
The legal expert pointed out that “the Kurds have been busy during the last period of building Iraq to live all Iraqi people under the state in all their components after 80 years of dictatorship and become a federal democracy,” but added that “it appeared that those who ascend the throne of power in Iraq governed by mentality Previous itself.
He stressed that “the implementation of Article 140 until 2007, but it was not implemented, because of Baghdad,” pointing out that “the Kurds will not give up those areas of Kurdistan, which falls within the constitutional Article 140.”
He explained that “most of those areas were until last year under the authority of the Kurdistan Region,” but added that “because of some traitors, the region lost those territories.”
“The people should punish the traitors who caused this great betrayal in the loss of part of the territory of Kurdistan,” he said.
BGG ~ In the simplest terms: it was predicted, Article 140 was one of the 3 main issues needing solved before any major market shift could happen…
Continued Decline In The Dollar Exchange In Iraq
[Ayna-Baghdad] – Foreign currency markets in Baghdad, on Tuesday morning, a decline in the dollar exchange rate against the Iraqi dinar.
The market price on the Kifah Stock Exchange in Baghdad was 1196 dinars per dollar, or 119 thousand and 600 dinars per hundred dollars.
The prices of selling and buying dollars in banking companies were:
The sale price of one dollar 1200 dinars, or 120 thousand dinars, for one hundred dollars.
And the purchase price of the dollar is 1190 dinars, or 119 thousand dinars, for one hundred dollars, and this price is the lowest recorded by the currency markets for years in Iraq.
Foreign Exchange Rates:
EUR World Price: 100 Euro = 122.15 USD The
World Price: 100 Bounds = 139.44 $ The
Turkish Lira The International Price: $ 100 = 409.70 Turkish Lira
Article Credit: Alliraqnews.com Special Thanks to Vernell Washington
BGG ~ There has been a lot of great news out the last few days. This, however, will fly under the radar yet is very, very important. The USD / IQD rate continues to decline. Looking better and better every day.