| The exchange rates of the dollar decreased in the Iraqi market today, Monday (August 17, 2020). Al-Kifah Stock Exchange recorded 122,600 dinars compared to $ 100, while the prices of the Kifah Stock Exchange yesterday, Sunday, were 123,300.Selling prices in the exchange shops in the local markets in Baghdad: Sale price: 123,000 dinars per $ 100. Purchase price: 122,000 dinars per $ 100.
The Markets: The Asian markets closed mixed NIK down by .83% HSI up by .65% SHANG up by 2.34% The UK markets are currently trading mixed down .02% to .06% up from .05% to .66% Our futures are currently trading in the green DOW at 27861 up by .25% SNP at 3371 up by .30% NDX at 11196 up by .575
Precious Metals: Gold green at 1950 Silver is green at 27.04 Copper is green at 289 Platinum is green at 957 Brent 44 WTi 41
Favorite Currencies Forex Quotes| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|
| USD/IQD |  0.0000 | 0.0000 | 1192.4000 | 1192.4000 | 1192.4000 |  0.9000 | 00:00 | | USD/VND | 23174.0000 | 23175.0000 | 23157.9400 | 23148.8200 | 23148.8200 | 11.0700 | 04:47 | | USD/CNY |  6.9393 | 6.9413 | 6.9494 | 6.9350 | 6.9493 | -0.0100 | 05:09 | | USD/KWD | 0.3053 | 0.3063 | 0.3056 | 0.3056 | 0.3056 | -0.0001 | 04:20 | | GBP/USD | 1.3109 | 1.3110 | 1.3121 | 1.3079 | 1.3100 | 0.0025 | 05:09 | | USD/IRR | 0.0000 | 0.0000 | 43011.9000 | 43011.9000 | 43011.9000 | -43.1000 | 00:00 | | USD/IDR | 14908.0000 | 14909.0000 | 14917.0000 | 14549.0000 | 14736.0000 | 53.0000 | 05:06 |
From the CBI site M / Open a bank account ( Online ) link
There is a document I maybe able to translate later
The Central Bank of Iraq publishes controls for opening a bank account ( Online ), calling on banks wishing to develop their banking services provided to the public to abide by what is stated in them.
To download the controls for opening a bank account ( Online ), click here
The General Secretariat of the Council of Ministers addresses the Ministry of Finance regarding the implementation of the agreement between Baghdad and Erbillink The General Secretariat of the Council of Ministers sent a letter to the Ministry of Finance regarding the implementation of the agreement reached by the federal government with the Kurdistan Regional Government. The document addressed to the Ministry of Finance included the details of the agreement that included unifying customs procedures and ports in the Kurdistan region with the federal government outlets, setting up accounting systems to fulfill customs imports collected at the region’s outlets, and setting up controls that the two parties commit to controlling the entry of import materials into Iraq, and the two parties ’commitment to the oil production policy within The OPEC Plus agreement, in addition to financing the Kurdistan region in the amount of three hundred and twenty billion dinars per month, for the months of August, September and October to pay some of the region’s expenses, provided that it is agreed in the coming years to set an amount of a fair percentage of the federal budget for the Kurdistan region, through the adoption of constitutional standards And population ratios and oil and non-oil imports of the Kurdistan Region in the previous year.
Transportation instructs the opening of regular transport lines to and from Baghdad Airport and the application of the smart card system link On Monday, the Iraqi Minister of Transport, Nasser Hussein Al-Shibli, instructed the General Company for Passenger and Delegations Transport to begin providing regular transportation lines to and from Baghdad International Airport and implementing the transportation system via the smart card. Al-Shibli said in a statement that Alsumaria News received a copy of, that "regular transport lines will be opened soon, with modern, air-conditioned buses equipped with a smart card reader system, to facilitate the access of citizens to and from Baghdad International Airport The end of the suffering they faced during the past 16 years. For his part, between the Director General of Travelers and delegations Karim Kazem Hussein "These lines will operate from four destinations in the capital Baghdad (Al-Kadhimiya City, Al-Alawi Garage, Al-Bayaa Garage, and Al-Nahda Garage) and then to Baghdad International Airport And vice versa, to serve the citizen. Oil prices rise as China prepares to increase its imports of US crude link Oil prices rose, Monday, following news that China plans to bring in large quantities of US crude in August and September, which nullified the effect of concerns about a slowdown in the recovery in demand after the Corona virus pandemic and an increase in supplies. By 10 am Baghdad time, Brent crude was up 0.74% to $ 45.13 a barrel, while US West Texas Intermediate crude advanced 0.88%, recording $ 42.38 a barrel. Chinese government-owned oil companies began reserving tankers to bring in at least 20 million barrels of US crude in August and September. Beijing increased purchases of energy and agricultural products, ahead of a review of the trade agreement concluded with Washington. Oil prices were supported by unprecedented crude imports for the largest buyer in the world and the easing of restrictions to combat Covid-19 globally, but a new wave of Coronavirus infections in several countries is expected to curb consumption again. CBI, ISX,Dinar Guru:
CBI Update: Just a note: They have been having auctions and the ISX has been trading regularly the sites just don't update in time to put the information in this report, unless it is
here.
Click on the link above for the latest update.
The CBI for rate is 1190.
The currency auction total sales amount $ 234,280,018 . including $ 24,200,000 in cash
ISX Update: www.isx-iq.net/ Shares Traded: not updated for today Value Traded: not updated for today
https://www.dinarguru.com/ 8-17-2020 Newshound Guru MilitiaMan Article: "A deputy denies the cancellation of the Kurdish delegation's visit to Baghdad and confirms: A comprehensive agreement will be signed during the coming period" Quote: "...the agreement is still in place, and there are some observations from the federal government and the conditions and work is underway to reform them, stressing that in the end an understanding will be made and a comprehensive agreement signed during the coming period." Interesting that they do talk about this today. So many things in motion that imo they had to! The agreement they have is still in effect. Thus, today is effective... Let that one simmer in the pot a few moments... They have a deal on the oil... imo.. That means they have an expectation of what is in the White Papers... Kahdimi and Allawi are holding close to their chest. Why? We all know why.. imo ~ RATE, comes to mind imo...
8-16-2020 Newshound Guru Pimpy ...Looks like we are back on the right track especially with Al-Kazemi coming here for the first time in about a week. I'm expecting some decent news. We really do want Iraq to have their sovereignty reinstated. We really want the restrictions removed off the currency and when this happens they most likely could put together an actual budget. One has not been passed but it could be because it's kind of hard to put a budget together if you're not sure about the value of your currency. So let's keep our fingers crossed that we hear some good news...I want to hear the thumbs up from the United Nations...before Al-Kazemi gets here. That's what we are watching for...
8-16-2020 Newshound Guru MilitiaMan Article: "Representative economy: activating the law of partnership with the private sector and investment soon" Quote: "...the committee is in the process of activating the partnership law with the private sector and the investment law in the near future, as well as activating the mineral investment law...the amended Iraqi investment law is one of the best laws in the region..." They are telling us they have activation and revitalization on the mind. They need investors to help activation of industry, agriculture, minerals, etc... For them to activate and to revitalize, they need a new international exchange rate. ...they tell us the laws will be the best in the region. That is important to the investors!! Very important!!... Good stuff...
8-16-2020 Newshound Guru Breitling ...A lot of people are skeptical about what I just said [Posts over last few days] and I teach this stuff. This is what I do. This last course I gave here in Phoenix people are like 'okay, that doesn't sound...[Like what we're seeing on TV]'...I tell everyone I couldn't be happier. I could not be happier. It's completely opposite out there. "We're watching riots..." That's because they're at their death throes. It's because it's almost over and they know it. ...we could not be in a better position. So don't worry about that. With Iraqi dinar we could not be in a better position. The question is are you prepared financially and how you're set up. That's all you have to worry about...
8-16-2020 Newshound Guru Pimpy Article: "During a contact with Barzani...Al-Kazemi decides to send 320 billion dinars to Erbil". ...this is big. For just a second there...it was bad. Then yesterday it was good ...Baghdad is saying that Kurdistan is stealing the money and not paying their employees. Kurdistan is pointing a finger at Baghdad going they're not giving us our money. I knew there was a good relationship between Barzani and Al-Kazemi. So I was like gosh this doesn't look right. Something's wrong...Leave it our boy Al-Kazemi to come through...Barzani got a call from Al-Kazemi himself...Baghdad has agreed to pay 320 billion in IQD monthly...this is what we want to see...I'm glad calmer heads did prevail and this seems to be ironed out...this is a major step towards what we're looking for. A major major step. Let's hope it continues...
8-16-2020 Newshound Guru MilitiaMan Article: "The Iraqi parliament: the finance minister does not cooperate" Quote: "The government works as it has all legislative powers, and is not interested of no having the general budget."He added that "the Minister of Finance is not cooperative and does not care about Parliament and the Parliamentary Finance Committee.” ...Allawi has the data they want... He may have a reason to not, yet. A very good reason... I suspect before, Kahdimi gets to the USA there will be an adjustment made and he will then bring business to America and will have sovereignty in tow...The minister of Finance has our back, as he holds the cards... I bet they are all aces too. lol imo.
8-16-2020 Newshound/Intel Guru Mnt Goat Article: "OUT OF 186 COUNTRIES, IRAQ IS RANKED 181 IN ECONOMIC FREEDOM" So this an excellent article because it tells us the list of factors used in determining whether investors should flock to Iraq or not. Why haven’t they been knocking down the door to get in? So the rating for Iraq is not very good (almost on the bottom) and they will have to change this if they want to move ahead. Note “monetary freedom” is one of the factors. So this is not just rumor. Iraq will need to reinstate their currency so that investors can freely transfer it. Note other factors such as trade investment and financial freedom. Both of these Iraq is now lacking too.
Catnip's Corner: ************* ARTICLE 1 (from PM Kadhimi's website; posted only on Arabic side, not on English side)
At the time this report was submitted, there are no new articles posted on the Prime Minister's website.
************* ARTICLE 2 (from Government of Iraq twitter account)
8-16-2020 around 4:00 am Eastern ************* ARTICLE 3
A high-ranking delegation headed by the Foreign Minister heads to Washington in preparation for Al-Kazemi's visit= 08/16/2020 15:28 • (Baghdad: Where's News) A high-ranking delegation headed by Foreign Minister Fuad Hussein went to the United States of America, in preparation for the upcoming visit of Prime Minister Mustafa Al-Kazemi to Washington and his meeting with the US President, Donald Trump, on August 20. Representative, Ikhlas Al-Dulaimi said, "A delegation headed today to America, headed by Foreign Minister Fuad Hussein and a large number of financial and economic advisers and experts to study the situation and relations between the Iraqi government and the US administration.
The Secretary of State will meet with his American counterpart Mike Pompeo during the visit, and Al-Dulaimi indicated that there are agreements. to strengthen relations between the two countries.
as will head another delegation after two days to the United States , headed by the Prime Minister, Mustafa Kazmi to join the Foreign Minister and Finance Minister Ali Allawi and Defense Minister Juma stubbornness and ministers concerned with the economic who will be greeted by President Donald Trump.
On August 8, the media office of the Prime Minister said in a statement that Al-Kazemi will conduct an official visit to the United States at the head of a government delegation, based on an official invitation, and will meet with Trump on the sidelines of the visit, on August 20.
Al-Dulaimi clarified that the meeting of the presidents, Iraqi ministers and their counterpart ministers will discuss the situation between the two countries, "and this visit will have a positive effect, especially since there has been a great coldness in relations between the United States and Iraq recently due to the negative reflection of international problems on the Iraqi arena."
In Washington, the prime minister will discuss relations between the two countries and issues of common interest, and cooperation in the fields of security, energy, health, economy and investment, in addition to the Corona pandemic file, according to a statement by Al-Kazemi's office.
The deputy went on to say: "We are encouraged by this visit to enhance economic and security cooperation, and we expect that the visit will have an international response in the coming days, especially with the great American interest in Iraq to restore confidence between the two countries."
This is the first visit that Al-Kazemi makes to the United States, since the formation of his government last May.
The visit comes after Baghdad and Washington conducted a first round of talks in the framework of the "strategic dialogue" last June, to redraw the relations between the two countries, which are organized by the "strategic framework" agreement.
Currently, about 5 thousand American soldiers are deployed in Iraq within the framework of the international coalition against "ISIS" led by the United States.
************* ARTICLE 4
Parliamentary law reveals a recent deliberative meeting on the election law 08/16/2020 15:42 Where's News_ Baghdad
The Parliamentary Legal Committee confirmed, on Sunday, that the House of Representatives has not set a date for the next session, while indicating that it is awaiting a deliberative meeting on the electoral districts. Committee member Muhammad Al-Ghazi said, in an interview with government media, that "the parliament did not agree to set a date for its next session," stressing that "there is no agreement on the nature of the multiple electoral districts until this moment." He added, "The legal committee is awaiting setting a date for parliamentary committee meetings, with the aim of conducting consultations and deliberations on the nature of the multiple electoral districts." The Prime Minister, Mustafa Al-Kazemi, had previously confirmed the agreement with the Presidents of the Republic, Barham Salih and Parliament, Muhammad al-Halbousi, to vote on the election law in the first upcoming session.
************* ARTICLE 5
A report revealing the effect of heat on running and its effects on the bodyEditing date: 08/16/2020 16:09 • 78 read times [Continue_Wine] High temperatures cause lethargy and fatigue, but does running in such climates help you lose weight and get a thinner body? Runners World published a report stating that "more calories can be burned in hot climates. Usually a mixture of fats and carbohydrates is burned when exercising, but the more intense the exercise, the more this mixture turns towards carbohydrates and away from fat."
The report added: “When running in hot climates, a higher percentage of carbohydrates is burned than fat.” And he continued, “We can say categorically, that running for a distance of nine minutes in the heat burns a higher percentage of carbohydrates and a lower percentage of fat, compared to running at the same pace in Cooler conditions ”.
Some experts advise slightly increasing your carbohydrate intake if you decide to run in hot climates, compared to if you are running in cold climates.
Experts recommend planning your training sessions based on intensity rather than speed, so you should slow down your running speed in hot weather, and if you are trying to lose weight, your focus should be on exercising at low intensity to stay in the fat burning zone.
Running in hot climates can have health risks that must be wary of, the most important of which are dehydration and high body temperature, and your skin, blood vessels, and sweating levels usually adapt to heat, but these systems may fail when exposed to high temperature and humidity for a long period of time. ************* | |
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