December 12, 2019
SULAIMANI — The US dollar to Iraqi dinar (IQD) exchange rate was up on the Kurdistan Region’s currency markets on Wednesday (December 11).
Broker Rawaz Jaza told NRT Digital Media that $100 was at 121,100 Iraqi dinars, 1000 IQD higher than the previous day.
Jaza also reported that 100 British pounds was at 157,500 Iraqi dinars and 100 euros was at 133,500.
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December 12, 2019
SULAIMANI — Crude oil prices were mixed on Wednesday (December 11), compared with the previous day.
The price of Brent crude was at $63.96 down from $64.13 while US WTI crude was $58.94 slightly up from $58.90.
The Organization of the Petroleum Exporting Countries (OPEC) and its Russia-led allies agreed on December 7 to slash oil production by more than the market had"...
December 12, 2019
Mr. Mohammad Jaafar Al-Sadr, the Ambassador of the Republic of Iraq in London, has participated in a round-table meeting hosted by the Iraq Britain Business Council.
The Ambassador said Iraq welcomes the contribution of British companies to the reconstruction of the country, reviving the Iraqi economy, and providing job opportunities, because “British companies enjoy high experience in various fields, especially in the infrastructure sector,"...
December 12, 2019
ERBIL, Kurdistan Region – Job creation and the provision of basic services are the public’s top concerns, according to voters who spoke to Rudaw about the performance of the new Kurdistan Regional Government (KRG) in its first 100 days.
Following a KRG report on its achievements to date, Prime Minister Masrour Barzani made a lengthy televised speech on Saturday detailing his government’s progress and restating the goal of fighting corruption, improving Erbil-Baghdad relations, and increasing domestic"...
December 12, 2019
SULAIMANI — An Iraqi lawmaker said on Tuesday (December 10) that the federal budget deficit for 2020 is estimated to be 48 trillion Iraqi dinars ($40.3 billion).
Member of the Finance Committee Hanin Qado said that the deficit could result in problems for the federal budget, al-Iraqia TV reported.
“The federal budget will face a delay in voting in the parliament"...
