Saturday News Summaries and Commentaries
As part of a birthday surprise my beautiful bride is whisking me away today for a short overnight trip. So there will be no news summaries tomorrow Family....you get to enjoy the news boys all to your self.
Central Bank: The rise of the dollar because of customs duties and income tax
The governor of the CBI claims that at least some of the reason for the rise in the USD against the IQD has been due to the collection of customs duties (5%) and the collection of income tax (3%) on traders who are buying the dollar....so the street prices go up to ensure the traders reap their expected profit.