Page 2 - நிதி அமைச்சர் அலி News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Stay updated with breaking news from நிதி அமைச்சர் அலி. Get real-time updates on events, politics, business, and more. Visit us for reliable news and exclusive interviews.

Top News In நிதி அமைச்சர் அலி Today - Breaking & Trending Today

Iraq faces economic shock after currency devaluation


SHARE
News of Iraq’s currency devaluation spread quickly last week when a copy of next year’s draft budget was leaked to local media. The news sent the unofficial rate at exchange houses skyrocketing, disturbing local businesses and panicking Iraqis.
“We are finished,” Tayieb Sabah, 40, told
The National on Sunday as he walked nervously through the aisles of his supermarket, instructing workers to take down goods from the shelves and
adjust prices upwards.
“We have been accumulating losses since last week due to the fluctuation in the exchange rate after the devaluation news spread. We pay the suppliers in dollars and sell in dinars,” ....

Dhi Qar , Sajad Jiyad , Ayad Allawi , Saddam Hussein , Ali Allawi , Mustafa Al Kadhimi , Sarkwat Shams , Emad Salman , Tayieb Sabah , Balkis Abbas , Iraq Popular Mobilisation , Central Bank , National On , Iraqi National Movement , Century Foundation , Defence Ministry , Prime Minister Mustafa Al Kadhimi , Finance Minister Ali , Future Party , Popular Mobilisation Forces , Moqtada Al Sadr , Finance Minister Allawi , சதாம் ஹுசைன் , பால்கிஸ் அப்பாஸ் , இராக் பாப்யுலர் அணிதிரட்டல் , மைய வங்கி ,

Iraq Devalues Dinar to Push Economy Forward Ahead of Deficit


Article content
(Bloomberg) Iraq devalued its currency by almost 20% against the dollar, the most on record, as the cash-strapped government faces an economic crisis brought about by low crude prices and oil-production cuts.
The central bank on Saturday reduced the official rate to 1,450 dinar per dollar, the first devaluation since 2003. That’s from about 1,190 previously. Dollars will be resold to local banks at 1,460 dinar apiece.
We apologize, but this video has failed to load.
Try refreshing your browser, or
Iraq Devalues Its Currency by a Record as Economy Unravels Back to video
The devaluation in the world’s third-largest oil exporter threatens to put some goods beyond the means of ordinary Iraqis, and trigger unrest in a country that imports heavily and is still reeling from last year’s deadly anti-government protests. ....

Ali Allawi , Finance Minister Ali , நிதி அமைச்சர் அலி ,