• About Us
  • Feedback
  • RSS Feed
  • Privacy Policy
  • Disclaimer
  • Sitemap
Odisha News, Odisha Breaking News, Odisha Latest News
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ
No Result
View All Result
Odisha News, Odisha Breaking News, Odisha Latest News
Home World

Hundreds Of Iraqis Protest Over Devaluation Of Currency

OMMCOM NEWSbyOMMCOM NEWS
January 26, 2023
in World

Baghdad: Hundreds of protesters rallied near the Central Bank of Iraq in downtown Baghdad against the recent devaluation of the local currency and demand the government take action to stabilise it.

The demonstrators gathered outside the bank complex on al-Rasheed Street amid a heavy security presence as riot police cordoned off the area, a source with the Interior Ministry said.

Many demonstrators carried flags and banners, some of which read, “Enough with promises. Devalue the dollar”, and another read, “High prices are killing us”.

Earlier this week, Prime Minister Mohammed Shia’ al-Sudani said that “the government continues its support for the Central Bank of Iraq to restore the dollar exchange rate to the official rate”.

We have taken several strong decisions to support and stabilize the Iraqi dinar, and we warn those who try to exploit the crisis.

“The dollar did not rise as a result of a government decision, but because of the presence of those who took advantage of the temporary conditions and turmoil in the markets,” al-Sudani added.

On Monday, the Prime Minister accepted the resignation of the Central Bank governor Mustafa Ghalib Mukheef following the recent devaluation of the Iraqi dinar.

Mukheef, who had been in the post since 2020, was replaced by Muhsen al-Allaq as the acting governor.

Recently, the value of $1 rose to more than 1,600 Iraqi dinars on the local markets, while its official value in the CBI is 1,450 Iraqi dinars.

The dollar inflation led to an increase in the prices of commodities, including foodstuffs.

(IANS)

Tags: Devaluation Of CurrencyIraqis Protest
Previous Post

Two Killed, Eight Injured In Bengal Road Accident

Next Post

Centre Defers Move To Bring In Fact Check Rules Amid Protests

Related Posts

World

Afghan Security Forces Discover IS Weaponry In Jawzjan Northern Province

March 26, 2023
World

Israel’s Defence Minister Calls To Halt Judicial Overhaul

March 26, 2023
World

Shehbaz Sharif Lambasts Pak President For Anti-Govt Views

March 26, 2023
World

Over 3,000 Al-Shabab Militants Killed In Six Months In Somalia

March 26, 2023
World

Kabul Rejects Washington’s Claim Over IS Strength In Afghanistan

March 26, 2023
World

Nepal Sending Advanced Team To Lay Ground For Prachanda’s India Visit

March 26, 2023
OMC

Related Posts

World

Afghan Security Forces Discover IS Weaponry In Jawzjan Northern Province

March 26, 2023
World

Israel’s Defence Minister Calls To Halt Judicial Overhaul

March 26, 2023
World

Shehbaz Sharif Lambasts Pak President For Anti-Govt Views

March 26, 2023
World

Over 3,000 Al-Shabab Militants Killed In Six Months In Somalia

March 26, 2023
World

Kabul Rejects Washington’s Claim Over IS Strength In Afghanistan

March 26, 2023
World

Nepal Sending Advanced Team To Lay Ground For Prachanda’s India Visit

March 26, 2023
Next Post

Centre Defers Move To Bring In Fact Check Rules Amid Protests

Republic Day: Majority Of The Tableaux Based On Women Empowerment

India Top Producer Of Millets

  • About Us
  • Feedback
  • RSS Feed
  • Privacy Policy
  • Disclaimer
  • Sitemap

© 2022 - Ommcom News. All Rights Reserved.

No Result
View All Result
  • Home
  • Odisha
  • Nation
  • World
  • Sports
  • Business
  • Entertainment
  • Videos
  • Science & Tech
  • Photo Gallery
  • ଓଡ଼ିଆରେ ପଢନ୍ତୁ

© 2022 - Ommcom News. All Rights Reserved.

Welcome Back!

Login to your account below

Forgotten Password?

Retrieve your password

Please enter your username or email address to reset your password.

Log In

Add New Playlist