KTFA:
Clare: Jawad Al-Yasari to / NINA /: The power of speculators and currency traders is delaying the government’s measures to implement the new exchange rate
2/19/2023
Independent MP Jawad Al-Yasari confirmed: The power of speculators and currency traders is delaying the government’s measures to implement the new exchange rate.
He told the National Iraqi News Agency / NINA /: that despite the government’s good decision regarding the exchange rate, which to some extent stopped its rapid and continuous rise, its implementation procedures are still slow.
Al-Yasari added: The strength of traders and price speculators and their continued manipulation without committing to the new price delayed the implementation of the government decision.
And he continued: The government’s procedures regarding this matter are slow and unclear, which require quick and effective steps that enhance citizen confidence in official procedures. LINK
Henig: Within a week. Iraq surpasses Saudi Arabia in its oil exports to America
2023-02-18 21:20
Shafaq News / The US Energy Information Administration announced on Sunday that Iraq’s oil exports to America amounted to an average of 322 thousand barrels per day, exceeding Saudi Arabia’s oil exports to America during the past week.
The administration said in a report seen by Shafaq News Agency, “The average US imports of crude oil during the past week from eight countries amounted to 4.709 million barrels per day, down by 1.354 million barrels per day from the previous week, which amounted to 6.063 million barrels per day.”
She added that “Iraq’s oil exports to America reached an average of 322 thousand barrels per day last week, up from the previous week, which amounted to oil exports to America at a rate of 230 thousand barrels per day, and also exceeds Saudi oil exports to America.”
She also pointed out that “the most oil revenues of America during the past week came from Canada at a rate of 3.556 million barrels per day, followed by Mexico at a rate of 690 thousand barrels per day, and oil revenues from Saudi Arabia at a rate of 262 thousand barrels per day, and then Brazil at a rate of 195 thousand barrels per day.”
According to the administration, “the amount of US imports of crude oil from Ecuador amounted to an average of 156,143 barrels per day, from Colombia at a rate of 75,<> barrels per day, and from Nigeria at a rate of <>,<> barrels per day, while no quantity was imported from Russia or Libya.” LINK
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