In Numbers: Central Bank Dollar Sales Jump 17% In 2025
Time: 10/28/2025 Reading: 75 times {Economic: Al Furat News} Economic expert, Manar Al-Obaidi, reported on Tuesday that the Central Bank of Iraq’s hard currency sales amounted to approximately $48 billion by July 2025.
Al-Abidi explained in a statement received by {Euphrates News} that “these sales represent a 17% increase compared to the same period last year.”
The economic expert expects that “the Central Bank’s foreign currency sales will reach more than $83 billion, with a daily sales rate exceeding $350 million, the highest rate in all the Central Bank’s years of sales.” LINK
Iraq And The United States Discuss Joint Cooperation In The Fields Of Oil, Gas, And Energy.
Tuesday, October 28, 2025, 09:08 AM | Economics Number of reads: 579 Baghdad / NINA / Deputy Prime Minister for Energy Affairs and Minister of Oil Hayan Abdul-Ghani discussed with the US Under Secretary of Energy “James P. Danly” prospects for joint cooperation between the two countries in the fields of oil, gas and energy.
A statement by the Ministry of Oil stated that Deputy Prime Minister for Energy Affairs and Minister of Oil Hayan Abdul-Ghani received the US Under Secretary of Energy James Patrick Danly and the Chargé d’Affaires of the US Embassy Joshua Harris, and during the meeting they discussed prospects for joint cooperation between the two countries in the fields of oil, gas and energy.
The meeting was attended, according to the statement, by the Undersecretary of the Ministry for Gas Affairs, Ezzat Saber Ismail, and the Director General of the Technical Department, Hassanein Abdul Latif. / End
https://ninanews.com/Website/News/Details?key=1259150
In Numbers: Revealing The Progress Achieved In The Energy And Oil Sectors
Energy Head of the Government Communication Team, Ammar Munim, revealed on Tuesday the government’s achievements in the energy and oil sectors.
In a statement, Munim said: “The government has achieved major accomplishments in the energy file since the end of 2022, as the total electricity production increased from (15,000-19,000) megawatts to (29,000) megawatts in September 2025.”
Speaking about the oil file, he added, “Iraq aimed to transform into refining and refining (40%) of its oil exports by 2030, and has actually achieved (35%) of this path, and self-sufficiency in fuel types has been achieved.”
He pointed out that “the percentage of gas utilization in the cessation of flaring path reached (74%) in September 2025, while the volume of incoming investments to the Iraqi economy reached (102 billion) dollars, and (277) investment licenses were granted in the governorates to Iraqi companies, exceeding (20 trillion) dinars.” https://economy-news.net/content.php?id=61711
Despite The Global Decline, Basra Heavy And Medium Crude Prices Rose.
Economy | 09:12 – 10/28/2025 Mawazine News – Economy Basra Heavy crude prices rose 98 cents, or 1.51%, to $65.68, while Basra Medium crude prices rose $1.68, or 2.55%, to $67.53. https://www.mawazin.net/Details.aspx?jimare=269249
A Slight Rise In The Dollar Exchange Rate In Iraq.
Stock Exchange The dollar exchange rate against the Iraqi dinar rose in Baghdad and Erbil markets on Tuesday, coinciding with the stock exchange closing.
Baghdad: Selling price: 142,000 dinars for $100 Buying price: 140,000 dinars for $100.
Erbil: Selling price: 140,800 dinars per $100 Buying price: 140,650 dinars per $100.
https://economy-news.net/content.php?id=61699
A Slight Decrease In Gold Prices In Baghdad’s Local Markets.
Economy | 01:30 – 10/28/2025 Mawazine News – Baghdad : Foreign and Iraqi gold prices have decreased in the capital, Baghdad. Gold prices in the wholesale markets on Al-Nahr Street in the capital, Baghdad, this morning recorded a selling price of one mithqal of 21 karat Gulf, Turkish and European gold at 776,000 dinars.
The selling price of one mithqal of 21 karat Iraqi gold was recorded at 746,000 dinars, and the purchase price reached 742,000. As for gold prices in jewelry stores, the selling price of one mithqal of 21 karat Gulf gold ranges between 780,000 and 790,000 dinars, while the selling price of one mithqal of Iraqi gold is between 750,000 and 760,000 dinars.
https://www.mawazin.net/Details.aspx?jimare=269274
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