The Impact Of Variables Related to Letter of credits on The Problems Facing The Iraqi Importer - Applied Research in a sample of Private Banks

   This research aims to identify the problems facing the Iraqi importer when using letter of  credits and their degree, as well as identifying the effect of each of the following variables  (nationality of the bank issuing the letter of credit-capital of the customer who wants to open the letter o...

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Main Author: easj easj
Format: Article
Language:Arabic
Published: college of Administration and Economics ALIraqia university 2024-09-01
Series:مجلة الدراسات الاقتصادية والادارية
Subjects:
Online Access:https://easj.aliraqia.edu.iq/index.php/easj/article/view/113
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author easj easj
author_facet easj easj
author_sort easj easj
collection DOAJ
description    This research aims to identify the problems facing the Iraqi importer when using letter of  credits and their degree, as well as identifying the effect of each of the following variables  (nationality of the bank issuing the letter of credit-capital of the customer who wants to open the letter of credit-the currency in which the importer will pay the value of the  letter of credit-type of ownership-The beneficiary of the letter of credit) related to letter of  credits in the problems facing the Iraqi importer. After conducting statistical analysis, it became clear that the degree of overall problems was high, and the most prominent of these problems was fluctuation in the currency exchange rate, It was also noted that there are statistically significant differences in the problems facing the Iraqi importer due to the variable of the nationality of the bank issuing the letter of credit and the variable of the capital of the customer who wishes to open the  letter of credit related to letter of credits, while there are no statistically significant differences for the remaining variables,  As for Its most important recommendations are the need to address the problem of exchange rate fluctuation through joint cooperation between the Central Bank of Iraq and banks by developing a mechanism for dealing with futures contracts so that the Iraqi importer can conduct what is called hedging, in addition to the need for the Central Bank of Iraq to allow banks to use what are called operations. Exchange and benefit from the experiences of neighboring countries, such as Jordan, for example.
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series مجلة الدراسات الاقتصادية والادارية
spelling doaj-art-db0a849a1faa4150b0304c2745c60e272025-08-20T01:57:16Zaracollege of Administration and Economics ALIraqia universityمجلة الدراسات الاقتصادية والادارية2790-25603005-36252024-09-013310.58564/EASJ/3.3.2024.4The Impact Of Variables Related to Letter of credits on The Problems Facing The Iraqi Importer - Applied Research in a sample of Private Bankseasj easj    This research aims to identify the problems facing the Iraqi importer when using letter of  credits and their degree, as well as identifying the effect of each of the following variables  (nationality of the bank issuing the letter of credit-capital of the customer who wants to open the letter of credit-the currency in which the importer will pay the value of the  letter of credit-type of ownership-The beneficiary of the letter of credit) related to letter of  credits in the problems facing the Iraqi importer. After conducting statistical analysis, it became clear that the degree of overall problems was high, and the most prominent of these problems was fluctuation in the currency exchange rate, It was also noted that there are statistically significant differences in the problems facing the Iraqi importer due to the variable of the nationality of the bank issuing the letter of credit and the variable of the capital of the customer who wishes to open the  letter of credit related to letter of credits, while there are no statistically significant differences for the remaining variables,  As for Its most important recommendations are the need to address the problem of exchange rate fluctuation through joint cooperation between the Central Bank of Iraq and banks by developing a mechanism for dealing with futures contracts so that the Iraqi importer can conduct what is called hedging, in addition to the need for the Central Bank of Iraq to allow banks to use what are called operations. Exchange and benefit from the experiences of neighboring countries, such as Jordan, for example. https://easj.aliraqia.edu.iq/index.php/easj/article/view/113Letter of creditsthe bank issuing the credit
spellingShingle easj easj
The Impact Of Variables Related to Letter of credits on The Problems Facing The Iraqi Importer - Applied Research in a sample of Private Banks
مجلة الدراسات الاقتصادية والادارية
Letter of credits
the bank issuing the credit
title The Impact Of Variables Related to Letter of credits on The Problems Facing The Iraqi Importer - Applied Research in a sample of Private Banks
title_full The Impact Of Variables Related to Letter of credits on The Problems Facing The Iraqi Importer - Applied Research in a sample of Private Banks
title_fullStr The Impact Of Variables Related to Letter of credits on The Problems Facing The Iraqi Importer - Applied Research in a sample of Private Banks
title_full_unstemmed The Impact Of Variables Related to Letter of credits on The Problems Facing The Iraqi Importer - Applied Research in a sample of Private Banks
title_short The Impact Of Variables Related to Letter of credits on The Problems Facing The Iraqi Importer - Applied Research in a sample of Private Banks
title_sort impact of variables related to letter of credits on the problems facing the iraqi importer applied research in a sample of private banks
topic Letter of credits
the bank issuing the credit
url https://easj.aliraqia.edu.iq/index.php/easj/article/view/113
work_keys_str_mv AT easjeasj theimpactofvariablesrelatedtoletterofcreditsontheproblemsfacingtheiraqiimporterappliedresearchinasampleofprivatebanks
AT easjeasj impactofvariablesrelatedtoletterofcreditsontheproblemsfacingtheiraqiimporterappliedresearchinasampleofprivatebanks