Dollar Surpasses 100,000 Tomans in Tehran's Open Market On Tuesday, the exchange rate for the dollar in Tehran's open market reached an unprecedented 100,000 tomans, marking a significant milestone where
Economic Crisis
New Currency Series Released by Iranian Central Bank Amid Economic Turmoil The Iranian Central Bank has announced the issuance of a new series featuring 200,000 currency notes. This updated design
Significant Disparity Observed Between Iraq's Imports and Central Bank Dollar Sales On March 11, 2025, Economist Nabil Al-Marsoumi highlighted a concerning discrepancy between Iraq's total imports and the dollar sales
Economist Raises Concerns Over Backwardness in Iraqi Oil Sector Economist Nabil Al-Marsoumi has expressed serious concerns regarding the "significant backwardness" within the Iraqi oil sector, highlighting notable inconsistencies in the
Iraq's Central Bank Reports Significant Currency Sales Over Recent Auction Period In a recent development, the Central Bank of Iraq has revealed that during the past week, it conducted a
Sulaymaniyah Residents Protest Rising Generator Costs Amid Electricity Supply Crisis On Sunday, March 2, 2025, residents of Sulaymaniyah voiced their frustration over the soaring costs associated with civil generator services,
Central Bank of Iraq Conducts Significant Currency Auctions In a recent update from Baghdad, the Central Bank of Iraq has reported noteworthy activity in its currency auctions. Over the last
Stagnation in Auto Trade in Sulaymaniyah: Key Factors Uncovered A recent analysis from Hussein Abbas, a member of the auto exhibitions federation in Sulaymaniyah, has highlighted a significant downturn in
The diversification of revenue streams in Iraq has historically been challenged by the dominance of oil and inadequate planning from successive governments. The reliance on oil revenues has left the
Economy News - Follow-Up A delegation from the International Monetary Fund (IMF) is anticipated to visit Lebanon in March, as disclosed by Lebanese Finance Minister Yassin Jaber on February 18.
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