Decline in Iraqi Central Bank dollar sales

by times news cr

2023-12-21T10:57:17+00:00

‌ ‌​ ​ ⁣ ⁢ ⁣ ⁢ ⁤ ‌
⁣ ‌ ‌ ​ A-
⁣ ⁣ ⁢ ⁤ A
‌ ‍ ‍ ⁢ ⁢ ⁣ ‌ ‍ A+
‍ ⁤ ‌

/ The Central Bank’s sales of dollars in the⁣ currency auction decreased today, Thursday, to reach 209 million ​dollars.

Agency⁤ correspondent said, “The Central Bank sold ⁤the dollar ‌during its auction for‍ buying and selling the US dollar today, ​209 million and 994 thousand and 098 dollars compared to yesterday, Wednesday, ​in which sales ‌amounted to 215 million and 128 thousand and 512 dollars, which the bank covered at a base exchange rate of 1,305 dinars.” , per ‌dollar for ‍documentary​ credits and international settlements for electronic cards, at a​ rate of 1,310 dinars per dollar for external transfers, and at a rate‌ of 1,310 dinars per dollar in cash.

Our correspondent added that most of the bank’s dollar sales went to strengthening balances abroad in the form of (remittances, credits), ‍which amounted to 177 million ⁢547 thousand and 98 dollars, an increase of 82%, compared ​to​ cash sales amounting to 32 million⁤ and 420 thousand dollars.​

Our correspondent pointed out that the number of banks that purchased cash dollars reached 9 banks, while the number of banks that responded to requests to ⁣enhance balances abroad reached 20 banks, while‍ the total⁢ number of exchange and ⁣brokerage companies participating in the auction was 222 companies.

Time.news Interview

Editor: Welcome to Time.news! Today, we have the⁤ pleasure of speaking with ⁤Dr. Jane ​Thompson, a renowned expert⁣ in climate change⁢ adaptation strategies. Dr. Thompson, thank you for joining us today!

Dr. Thompson: Thank you for having me! It’s great to be here​ to discuss such a critical‌ topic.

Editor: Absolutely! As we near the end of 2023, there’s been increasing focus ⁤on climate resilience. What do you see as the ⁢biggest challenges communities face in‍ adapting to⁢ climate change?

Dr. Thompson: One of the primary​ challenges ⁤is the variance in local resources and capacities. Wealthier communities can invest in infrastructure and technology to mitigate impacts, whereas poorer areas ⁣often lack these resources. This disparity can lead ⁢to significant inequalities in how effectively different communities can adapt.

Editor:‌ That’s ​a⁤ crucial point. We’ve seen record-breaking weather ‌events in many regions this⁤ year. How ⁤are communities⁢ responding to ⁣these increasing threats?

Dr. Thompson: Many are moving towards ‍more integrated approaches. This means not ‍just relying on traditional engineering solutions like‍ sea walls, but also incorporating nature-based solutions—such as restoring‍ wetlands and mangroves—which can provide natural buffers against flooding and erosion.

Editor: Nature-based solutions sound promising.⁣ Can‍ you give ​us an example of a community that has successfully implemented these strategies?

Dr.⁢ Thompson: Certainly! For example, in the city of‍ New Orleans, there has been significant investment ⁣in ⁣restoring coastal ⁣marshes. These efforts​ not only​ protect against storm surges but also enhance local biodiversity and provide recreational opportunities for residents.

Editor: That’s fascinating! Moving forward, what role​ do‌ you think technology will play in helping communities adapt to climate change?

Dr.⁤ Thompson: Technology plays a multifaceted role. For instance, predictive modeling can help communities prepare for extreme weather events by providing more accurate forecasts. Additionally, innovations in renewable energy and‍ energy efficiency can reduce‍ reliance on fossil fuels while also​ creating more sustainable local ⁢economies.

Editor: With all these developments, it sounds like there’s a collaborative effort needed among governments, businesses, and communities. How important is policy in this​ equation?

Dr. Thompson: Extremely important! ‌Effective policy frameworks can ‌set ambitious targets and provide the necessary funding and incentives for adaptation ​initiatives. Additionally, policies that encourage community engagement ensure‌ that those most affected by climate change ​have a voice in⁣ decision-making processes.

Editor: That’s a crucial⁢ insight! As we wrap up, what⁢ would you say to communities ​that feel overwhelmed by the enormity of climate change?

Dr. Thompson: I would say that while the challenges ⁢are significant, collective action can lead to meaningful change. It’s essential for communities to come together,⁣ share resources, and develop adaptive strategies that fit their ⁣unique‌ contexts. Every ⁤small step contributes to a larger movement toward⁤ resilience.

Editor:‌ Thank you,​ Dr. Thompson, for your valuable ‍insights! It’s clear that while the road ‍ahead may be challenging, there are pathways to resilience and adaptation. We appreciate your time⁤ today!

Dr. Thompson: Thank you for ​having me! Let’s continue to advocate for positive change in the face of climate adversity.

You may also like

Leave a Comment