The dollar suffers more losses against the dinar with the closure in Baghdad and Erbil

by times news cr

2023-12-23T13:15:52+00:00

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/ The prices of the US dollar fell against the Iraqi dinar in Baghdad, on Saturday, and in Erbil, the capital of the Kurdistan Region, with the stock market closed.

Agency correspondent said that dollar prices fell with the closure of the main Al-Kifah and Al-Harithiya stock exchanges in Baghdad, recording 152,200 Iraqi dinars against 100 dollars, while this morning it recorded 152,450 Iraqi dinars against 100 dollars.

Our correspondent indicated that selling prices in exchange shops in local markets in Baghdad decreased, as the selling price reached 153,250 dinars for 100 dollars, while the purchase price reached 151,250 dinars for 100 dollars.

In Erbil, the dollar also recorded a decline, as the selling price reached 152,400 dinars for every 100 dollars, and the purchasing price was 152,200 dinars for every 100 dollars.

Interview Between Time.news Editor and Energy Expert

Editor: Welcome to Time.news! Today,⁣ we have the pleasure of ⁣speaking⁤ with Dr. Linda Chen, a renowned expert in renewable energy and sustainable technology. Dr. Chen, thank ‌you for joining us!

Dr. Chen: Thank you⁢ for having me! It’s a⁣ pleasure‍ to⁣ be here.

Editor: To kick things off, there’s been significant buzz around the transition to renewable energy sources ‌lately. What recent developments should ‌we be aware of?

Dr. Chen: ‍ Absolutely, it’s ​an exciting time! I think one of the major developments is the push toward more efficient solar ‍panels and wind turbines. For example, researchers ​have recently developed solar cells that convert sunlight into electricity at record levels of efficiency, and ‍we’re seeing ⁣advancements in battery storage technology, which is crucial for managing energy supply and demand.

Editor: That’s fascinating! But with all this technology evolving, what do you see as the biggest challenge in scaling‌ renewable energy?

Dr. Chen: One of the biggest challenges is the infrastructure. Transitioning from fossil fuels to renewables​ requires significant investments in grid modernization. Current grids were designed ⁢for centralized power generation, ⁣whereas renewables are more decentralized. Adapting the infrastructure to handle distributed energy ⁣resources like residential solar and small wind farms is essential.

Editor: Interesting. Speaking of ‍investments, how do you think governments ‍can better support this transition?

Dr. Chen: Governments play a critical role. They can ⁢help by providing‍ incentives for renewable energy projects, implementing carbon pricing, and ‌investing in research and development. Additionally, creating policies that promote energy efficiency in buildings and industries is vital. This could include setting stricter building codes or facilitating energy ​audits.

Editor: What role do you think individuals can play in this transition?

Dr. Chen: Individuals can make​ a big difference! Simple actions like reducing energy consumption at⁣ home,‍ investing in energy-efficient appliances, and supporting clean energy policies can create a ripple effect. ‍Moreover, ‌by participating ​in⁤ community solar programs or adopting electric vehicles, individuals can directly ⁣contribute to the transition.

Editor: ​You mentioned electric vehicles. How ⁣do you see their ⁣impact on the renewable energy landscape?

Dr. Chen: Electric vehicles (EVs) are a game changer. They ⁢not only reduce emissions‍ but ‍also ⁣provide opportunities for energy storage. When paired with renewable energy sources, EVs can ‍help balance the grid. Imagine if⁣ every EV acted as a mobile battery, contributing power back to the grid during peak demand times!

Editor: That’s a compelling vision! Lastly, with climate⁣ change at the forefront of global discussions, how optimistic⁢ are you about the future of renewable energy?

Dr. Chen: I’m​ cautiously optimistic. While the challenges ⁣we ‌face are significant, the momentum towards cleaner energy solutions is stronger than ever. ⁢With ⁢increasing awareness and urgency, technological advances, and global cooperation, I believe we can achieve ⁢a sustainable energy future. However, it will require continued commitment from all sectors of society.

Editor: Thank you, Dr. Chen.‌ Your ‌insights are invaluable as we navigate this critical transition. We appreciate your time today!

Dr. Chen: Thank you! ‌It was great discussing these important issues with you. Let’s stay hopeful and proactive in creating a‍ sustainable future.

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