Business

Dollar exchange rate decreased in Baghdad, Basra and Erbil

The exchange rates of the dollar against the Iraqi dinar decreased today, Monday, in Baghdad, Basra and Erbil.

Below is a list of the dollar selling prices:

$100 = 152,800 dinars in Baghdad

$100 = 152,700 dinars in Basra

$100 = 153,000 dinars in E…

Oil prices fall amid demand concerns

Oil prices fell more than $1 per barrel, losing more than 1.5 % in early trading on Monday, after disappointing Chinese inflation data and a lack of clarity on China’s economic stimulus plans, which raised concerns about demand.

Brent crude futures f…

Pakistan, China inaugurate New Gwadar International Airport

Prime Minister Shehbaz Sharif and visiting Chinese Premier Li Qiang have virtually inaugurated the New Gwadar International Airport in Pakistan’s southwestern Gawadar port on Monday.

Addressing the inaugural ceremony here in Islamabad on Monday, Prim…

China plans measures to stimulate the economy — official

China on Saturday declared plans for stimulating its economy by amending lending policies and issuing treasury bonds to back up major banks and the property sector.

Minister of Finance Lan Fo’an said at a news conference that the government would soo…