Rupee opens 3 paise higher against US dollar at 64.98

Economic Times3 hours ago

The rupee on Monday opened 3 paise up at 64.98 against dollar on account of selling of American currency by banks and exporters. The local currency on Friday settled at 65.01 against the US dollar after Moody's upgraded the country's sovereign rating.

Sensex, Nifty Trade Lower As IT, Metal Stocks Weigh, Rupee Falls Against US DollarNDTV
Sensex, Nifty Seen Lower On Tepid Global CuesMarkets Insider

Rupee opens 3 paise higher against US dollar at 64.98

Economic Times3 hours ago

The rupee on Monday opened 3 paise up at 64.98 against dollar on account of selling of American currency by banks and exporters. The local currency on Friday settled at 65.01 against the US dollar after Moody's upgraded the country's sovereign rating.

Sensex, Nifty Trade Lower As IT, Metal Stocks Weigh, Rupee Falls Against US DollarNDTV
Sensex, Nifty Seen Lower On Tepid Global CuesMarkets Insider

Gold Vs. US Dollar Vs. Bitcoin: Which One Is Going To Last?

Kitco News2 hours ago

The biggest problem in case of the U.S. dollar for Eliseo is the store of value. “The USD, and indeed all fiat currencies, does a horrible job, with the USD having lost the better part of 95% of its purchasing power in the last 100 years, according to …
Posted in Uncategorized.
Rupee opens 3 paise higher against US dollar at 64.98

Economic Times2 hours ago

The rupee on Monday opened 3 paise up at 64.98 against dollar on account of selling of American currency by banks and exporters. The local currency on Friday settled at 65.01 against the US dollar after Moody's upgraded the country's sovereign rating.

Rupee falls 5 paise against US dollar in early tradeThe Asian Age
Rupee weakens by 5 paise to 65.06 on dollar demandHindu Business Line

Expert: The parties have placed a "politicized governor" of the central bank to intervene in his policies
11/19/2017

expert Salam Samisem said on Sunday that the political parties put a political governor of the Central Bank to ensure the benefit of the bank and to intervene in its policies, while pointing out that the central bank must be completely independent and build its economic policy on the basis of science and before Owners exclusively.


"The political parties have put a conservative governor of the Central Bank to take care to take advantage of the bank and intervene in its policies," she said.

"The former central bank governor Sinan al-Shabibi was removed from his position because he was refusing and preventing the interference of political parties.

The policies of the bank as it was independent without political affiliation. "


The economic expert said that "the political blocs benefit from their interventions in the Central Bank, such as benefit from the sale of foreign currency and other things," stressing that "the Central Bank must be fully independent and to build its economic policy on the basis of scientific and by specialists exclusively without interference Political. "


Earlier, Samisem confirmed that the central bank’s foreign currency reserves had declined by one third due to several factors.

She pointed out that many economists had warned against the danger of dependence on cash out of the monetary reserve, which represents the most important guarantee of financial stability and support the currency. Of the country.


On February 20, 2017, the central bank governor Ali Al-Alak mentioned that Iraq had surpassed the biggest financial challenges it faced last year, adding that it also managed to maintain an acceptable level of cash reserves.

http://aynaliraqnews.com/index.php?aa=news&id22=86834

Jubouri is awaiting a parliamentary "inquiry" after returning from Washington
11/19/2017

MP for the coalition of state law Ahmed al-Badri, on Sunday, the intention of the deputies to submit a "query" to Parliament Speaker Salim al-Jubouri on statements made in Washington on the survival of US forces in Iraq, expressing his surprise at these statements and timing.

Al-Badri said in a statement that "the statements made by the Speaker of the House of Representatives Salim al-Jubouri on the need for the survival of US forces in Iraq in conjunction with the end of the urging and seeking to secure the border efforts of security forces is surprising and disrespectful."

He added that "these claims are not taken formally and does not represent the House of Representatives at all but is considered personal and does not carry any political value."

Al-Badri said that "the deputies will submit an inquiry to al-Jabouri immediately after his return from Washington to justify his position and issue an official statement on his statements in which he supported the survival of US forces in Iraq."

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