The bank intervened as the dinar traded at 117.38 against the common currency. After the euro purchase, the dinar weakened to the rate of 117.48.
By John Lee.
Iraq has been ranked 172nd out of 190 countries in the World Bank‘s recent Doing Business 2020 report, down from 171st place the previous year.
Doing Business 2020 is the 17th in a series of annual studies investigating the regulations that enhance business activity and those that constrain it. It provides quantitative indicators covering 12 areas of the business environment in 190 economies.
The goal of the Doing Business series is to provide objective data for use by governments in designing sound business regulatory policies and to encourage research on the important dimensions of the regulatory environment for firms.
(Source: World Bank)
Serbia's central bank will not depreciate a strong dinar to push below-target inflation higher, its governor Jorgovanka Tabakovic said on Thursday.
PT Bank Dinar Indonesia Tbk. (DNAR.JK) have climbed higher over the course of the past week revealing positive upward momentum for the shares.
Russian files company TASS reported last week that the Central Bank of Tunisia launched a take a look at model of its “E-dinar.” As you furthermore …
Russian recordsdata company TASS reported last week that the Central Bank of Tunisia launched a test model of its “E-dinar.” As it is probably going …
BELGRADE (Serbia), November 15 (SeeNews) – In SeeNews story "Serbia's c-bank buys 25 mln euro to limit dinar gains" dated November 15 please …
Rabee Securities Iraq Stock Exchange (ISX) market report (week ending: 14th November 2019).
The RSISX index ended the week at IQD646 (+0.2%) / $687 (+0.2%) (weekly change) (-2.0% and -3.2% YTD change, respectively). The number of week traded shares was 11.3 bn and the weekly trading volume was IQD 11.8 bn ($9.7 mn).
ISX Company Announcements
- Ishtar Hotel (HISH) will hold an AGM on Dec. 4, 2019 to discuss and approve 2017 annual financial statements. The company has been suspended from trading since Aug. 20, 2019 due to not disclosing its 2018 annual financial statements.
- ISX will suspend trading of Bain Al-Nahrain Investment (VMES) starting Nov. 28, 2019 due to the AGM that will be held on Dec. 3, 2019 to discuss and approve 2018 annual financial statements.
- Ameen Al-Iraq Islamic Bank / Mouta for Remittance (MTMO) held an AGM on Nov. 13, 2019 to discuss and approve 2018 annual financial statements. The company has been suspended from trading since Jan. 21, 2018 until it receives its operation license by the CBI.
- ISX suspended trading of Iraqi for Seed Production (AISP) starting Nov. 12, 2019 due to not disclosing its 2019 financial statements.
Universa will also reportedly be receiving a percentage of all transactions carried out with the new “e-dinar”, while the ledger will be visible to the …
The bank has clarified in a statement that the news of its launch of E-dinar is nothing but “unfounded rumors”. The document says that a private proof …