WOTS MON NOV 2 2020
he exchange rates of the dollar on the main stock markets rose slightly, while it stabilized in the local markets on Monday (November 2, 2020).
Sales price: 125,500 dinars per $ 100.
Purchase price: 124,500 dinars per $ 100
Favorite Currencies Forex Quotes
| Symbol | Bid | Ask | High | Low | Open | Change | Time |
|---|---|---|---|---|---|---|---|
| USD/IQD |  0.0000 | 0.0000 | 1192.5000 | 1191.5000 | 1191.6000 | -0.7000 | 00:00 |
| USD/VND |  23177.0000 | 23178.0000 | 23168.0100 | 23159.7900 | 23159.7900 | 9.5400 | 05:09 |
| USD/CNY | 6.6898 | 6.6920 | 6.6994 | 6.6812 | 6.6891 | 0.0010 | 05:05 |
| USD/KWD |  0.3056 | 0.3066 | 0.3057 | 0.3057 | 0.3057 | 0.0000 | 05:05 |
| GBP/USD | 1.2916 | 1.2917 | 1.2939 | 1.2855 | 1.2924 | -0.0028 | 05:09 |
| USD/IRR | 0.0000 | 0.0000 | 43011.9000 | 43011.9000 | 43011.9000 | -43.1000 | 00:00 |
| USD/IDR | 14643.0000 | 14647.0000 | 14729.0000 | 14618.0000 | 14625.0000 | -116.0000 | 05:07 |
Humans have been living aboard International Space Station for 20 years -- what comes next?
U.S. Futures and Stocks Rebound; Oil Pares Retreat: Markets Wrap
U.S. Futures and Stocks Rebound; Oil Pares Retreat: Markets Wrap
In first for USA, Cuomo requires all visitors to New York to undergo virus testing...
Dramatic announcement...
MUST SHOW PROOF OF NEGATIVE TO ENTER STATE...
Global oil prices drop by more than 3% today, Monday
Oil prices decreased this morning by more than 3 percent during trading today, Monday, in light of economic concerns about the decline in global demand for crude, due to the increasing cases of the new Corona virus in Europe and the United States.
US crude futures fell 4.19 percent to $ 32,565 a barrel, while Brent crude futures fell 3.56 percent to $ 36.13 a barrel
Oil trimmed its losses last October, after Japanese export orders grew for the first time in two years, along with the rise in Chinese industrial activity to its highest levels.
Some countries across Europe are re-imposing comprehensive lockdowns, in an attempt to curb the rates of the second wave of the emerging corona virus.
Oil expert warns of oil and gas law legislation in its current form
The Iraqi oil expert, residing in Britain, Hussein Rabia, warned against legislating the oil and gas law in its current form that serves the ruling parties.
Rabia said, in a message that reached Al-Iqtisad News, " Everyone should beware of the parliament’s attempt to pass an oil and gas law to serve the ruling parties and those who occupy the highest positions in the state."
He added that after we saw the new lean education law that was approved by the Iraqi parliament, and the main purpose of the law is to give doctoral and masters degrees to those who have elementary degrees or paper degrees they bought from the Internet, the purpose of which is to destroy higher education in Iraq and mock higher degrees and scientific specialization .
"Now parliament uses people without knowledge or experience in the oil and gas industry to debate and pass a poor and failed law to issue the so-called oil and gas law ."
He called on every jealous Iraqi to oppose any law issued by Parliament on oil and gas affairs unless, first, the essential structure of this law is drawn up from Iraqi oil experts, who do not belong to the ruling parties in the country.
Iraq is preparing to receive donor countries next week
While the United Nations Development Program said, "It has implemented hundreds of service and humanitarian projects in the liberated governorates, and we are continuing to rehabilitate and implement projects in the liberated governorates."
He referred to "the implementation of 271 service and humanitarian projects in Salah al-Din Governorate and the rehabilitation of 20,000 residential homes in Anbar Governorate."
The United Nations Development Program announced the implementation of "1754 service projects in Nineveh Governorate."
The Central Bank opens an account with Euroclear to develop the performance of foreign reserves from the CBI site
This bank indicates that soon, the process was carried out by central banks and correspondent banks, which impose an additional commission on keeping these papers in addition to the limited investment due to the multiplicity of procedures and their complexity in the presence of the intermediary.
This step is important in the work of the Central Bank of Iraq, as it simulates international practices in the process of investing foreign reserves, and is an important achievement that this bank adds to its set of achievements in managing reserves and international transactions.
The Central Bank of Iraq, the
second of November 2020
Iraq completes the criteria for exit from the list of countries with a high risk in combating money laundering
A statement by the Ministry of Foreign Affairs stated, “This is permissible for his meeting with José Pascual Marco, Director General of Integration, Coordination and European Union Affairs in the Spanish Foreign Ministry, and Victoria Cartelin Ordoneth, Deputy Director of Economic and Financial Affairs of the European Union in the Spanish Foreign Ministry, within the ongoing diplomatic efforts to remove Iraq from the list of the Commission European countries are of high risk in combating money laundering and terrorist financing.
The ambassador referred to the "depth of bilateral relations between the two countries, as they are more than seven decades old, as well as the Kingdom's role in combating terrorism within the international alliance, and he emphasized the two countries' current efforts to develop these relations in the economic field."
As he stressed, “Iraq is looking forward to Spain's support to remove it from the European Commission’s list of high-risk countries,” declaring that “Iraq has completed the international procedures and standards required to exit the list, including the legislation of Law No. 39 of 2015 related to combating money laundering and terrorist financing, as well as its exit from the list The Financial Action Task Force (FATF) for countries that have deficiencies in combating money laundering and terrorist financing.
At the end of the meeting, Jose promised that Spain would support Iraq through their representative in the European Union, seeking to expedite its removal from the list of countries with risks in the field of combating money laundering and terrorist financing
Central: He went to create solid financial institutions
The Central Bank of Iraq confirmed the trend to create solid financial institutions, supporting the country's active economic activities.
Integration and pluralism
He pointed out that "the central bank does not accept the existence of sagging in the Iraqi banking system, and supports the increase of capital after verification of its integrity, as it supports the processes of establishing the banking sector through the integration and multiplicity of products offered to the public Customers."
Advanced services
"Efforts are continuing towards developing performance and creating an effective banking body that supports efforts to develop the national economy, through a range of products that are constantly being developed, to provide advanced services that reach all segments of society in line with the financial inclusiveness trends recommended by the Central Bank," he said.
The Iraqi."
He added that "the Bank is working in accordance with the instructions of the Central Bank and has worked to support smEs with effective economic viability, in a move aimed at providing jobs for the largest segment of Al-Shabaab."
Important projects
"Achieving a partnership with the Ministry of Agriculture to establish a number of important projects, where the trend was to grow soybeans in Iraq for the first time and areas covering the country's need for this material, which is imported from markets outside the country, where experiments proved the success of the cultivation of this important crop inside Iraq, as is the work on the textile agriculture project in Holy Karbala and simple conversion projects such as the production of derivatives, Milk."
He warned that "the success of the bank's work requires the formation of governance and specialized committees that follow up the mechanisms of work and the paths of performance improvement in the form, which enhances trust between the banking system and the public, after there has become a big gap in this Side."
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.
here.
The currency auction total sales amount $ 179,200,000.
including $ 21,700,000. CASH
ISX Update: Shares Traded: not updated for todayValue Traded: not updated for today
11-1-2020 Newshound Guru Vic [Welcome back...long time no see] ...I've been in the background watching...I Always said and many can agree that through the years, I always reminded many that Brexit and Basel lll are important measures to keep on eye's on.
11-1-2020 Newshound Guru Jeff ...Saturday of last weekend they did the first reading of the borrowing law. They average about a week and a half between each reading...they are on track to have the borrowing law done middle of November ... that's the last thing we're waiting on so they can change the rate anytime after they finish the borrowing law...watch the borrowing law...
Urgent Minister of Finance announces the date of payment of salaries
Rafidain determines the interest of depositing funds: they continue to open accounts to citizens
Rafidain Bank announced Sunday that it is continuing to open accounts to citizens and other segments to deposit their money in the bank.
The bank called on citizens to "visit the bank's branches for the purpose of reviewing the special instructions, putting their money in the bank and not hoarding them at home in light of the positive benefits set by the bank in return."
The scene of the protests is back. Protesters in Karbala demand dissolution of parliament and clashes in Basra
The scene of the protests returned, a day after protesters withdrew from Tahrir Square in central Baghdad (the center of the protests), and the square and the Bridge of the Republic were opened and approached to citizens and protesters.
"Dozens of citizens gathered in the holy center of Karbala, denouncing corrupt political parties and the continuation of quotas and corruption," a source said.
"The demonstrators in the province demanded the dissolution of parliament and the formation of a national rescue force," he said, adding that "security forces have intensified their deployment and cordoned off the area to prevent any attack."
A source in Basra province confirmed clashes between protesters and security forces.
"Security forces tried to disperse the demonstrators from basra's sit-in square and fired smoke to disperse them, which increased the demonstrators' insistence on escalating and raising slogans against the government and parliament," he said.
Dozens of demonstrators flocked sunday evening to Tahrir Square in central Baghdad after all tents were lifted and the square opened on Saturday, in front of citizens and the wheels.
"Dozens of demonstrators returned to Tahrir Square in central Baghdad, specifically under the Freedom Monument," a source said.
"The demonstrators uploaded pictures of Tishreen martyrs, denounced corrupt political parties and demanded regime change," he said.
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