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Iraqi Dinar Guru opinions 12-18-18

Iraqi Dinar Guru opinions 12-18-18

12-18-2018 Newshound Guru MilitiaMan Article: “A credit account in riyal and dinar between Iraq and Iran” Quote: “Citibank offers letters of credit for buyers in Latin America, Africa, Eastern Europe, Asia and the Middle East who may have difficulty obtaining international credit on their own.” I would suggest this is part of a necessary end for Iraq now that Monetary Reforms are gearing to be on a different page if you will, imo, that had/has to be done because of the volume of trade between Iraq and Iran. A letter of credit is commonly for International Trade between parties. It is serious business. …Go figure the timing of it too. IMO. Lets not forget Rick Perry and all those Companies in Iraq may need them too. By the way, CitiBank is one a large providers of Letters of Credit Globally.. They are Directly involved with Iraq as we know. Iraq wants guarantee they get paid for imports and exports. Fairly sure Iran in an unstable environment.. lol This is seriously looking good, imo.. Read more…

Iraqi Dinar/US Dollar auction results 12-18-18

Iraqi Dinar/US Dollar auction results 12-18-18

The results of the foreign currency sale window on Wednesday, 2018/12/19, and executed on Tuesday, 2018/12/18

Announcement No. ( 3854 ) Read more…

Including Abadi and Maliki .. Former deputy demands Halbusi to end the membership of these

Including Abadi and Maliki .. Former deputy demands Halbusi to end the membership of these

18/12/2018 12:51 PM

(Watan News) – Baghdad

Former MP Mohammed al-Lakash on Tuesday called on parliament speaker Mohamed Halboussi to end the membership of deputies who have not yet been sworn in because of the absence .

“Article (14) of the rules of procedure of the House of Representatives Read more…

Abdul Mahdi: Thursday will see the completion of the names of candidates for the remaining ministries

Abdul Mahdi: Thursday will see the completion of the names of candidates for the remaining ministries

2018/12/18 19:28

Baghdad today – Baghdad

The Prime Minister, Adel Abdul-Mahdi, on Tuesday, that the meeting of the Council of Representatives scheduled to be held next Thursday, will see the completion of the names of the remaining ministries.

Abdul Mahdi said during his weekly conference held at the government headquarters in central Baghdad that “the meeting Read more…

Dollar decline in Baghdad today 12-18-2018

Dollar decline in Baghdad today 12-18-2018

2018/12/18 9:50

Baghdad: foreign currency markets in Baghdad, on Tuesday morning, a decline in the exchange rate of the US dollar against the Iraqi dinar.
The market price in the Kifah Exchange in Baghdad was Read more…

House of Representatives gives confidence to the candidates of three ministries (expanded)

House of Representatives gives confidence to the candidates of three ministries (expanded)

2018/12/18 16:59

BAGHDAD (Reuters) – The House of Representatives voted on Tuesday to give confidence to three ministers, while rejecting the vote on the candidates of the ministries of education, immigration and displaced people.
A statement by the Information Department of the House of Representatives received the agency {Euphrates News} copy of it today, “At the outset of the meeting, the Council voted to submit Read more…

Iraqi Dinar Guru opinions 12-17-18

Iraqi Dinar Guru opinions 12-17-18

12-17-2018 Newshound/Intel Guru Mnt Goat Article: “TO AMEND THE INVESTMENT LAW IN THE COMING DAYS” Quote: “The amendment of THE INVESTMENT LAW IS AN IMPORTANT POINT TO ELIMINATE UNEMPLOYMENT AND THE RETURN OF INDUSTRY AND THE PRIVATE SECTOR IN IRAQ and raise the market value of the Iraqi dinar…” I don’t want anyone telling me there aren’t any more laws needed in order to reinstate the currency. To bring in investors is all part of creating the atmosphere conducive to investors, which in turn, is the state of the economy needed to trigger the reinstatement. It is all coming together. Read more…

Iraqi Dinar/US Dollar auction results 12-17-18

Iraqi Dinar/US Dollar auction results 12-17-18

The results of the foreign currency sale window on Tuesday, 2018/12/18, and will be carried out on Monday, 2018/12/17

Announcement No. ( 3853 ) Read more…

A credit agency expects Iraq’s gross domestic product to grow by 4.1% in 2019

A credit agency expects Iraq’s gross domestic product to grow by 4.1% in 2019

Monday, December 17

Alsumaria News / Baghdad
predicted one of the credit agencies GDP growth of Iraq by 4.1% in 2019

, said the agency “Moody ‘s ” credit rating in a report that “GDP growth in Iraq will accelerate from 2.8 this year to 4.1 percent next year 2019 , The highest level since the economic expansion of 13.1 per cent in 2016.

Iraq’s economy is expected to grow further in 2019 to its highest Read more…

Iran has negotiated Iraq to use local currencies instead of the dollar

Iran has negotiated Iraq to use local currencies instead of the dollar

Monday 17 December 2018 03:01 PM

The head of the Iran-Iraq Joint Chamber of Commerce Yahya al-Ishaq said on Monday that the Central Bank of Iran has begun negotiating with its Iraqi counterpart to open bank accounts in order to use local currencies (the Iranian riyal) and the Iraqi dinar in commercial transactions between the two countries Instead of the US dollar.

“Negotiations between the Central Bank of Iran and the Iraqi government have made great strides Read more…

The Federal Court is returning Faleh Al Fayad to all his positions

The Federal Court is returning Faleh Al Fayad to all his positions

Monday, December 17, 2018 at 14:28 pm

Special / Sky Press

The Administrative Court of Justice issued a judicial ruling nullifying the decision of the former Prime Minister Haider Abadi to exempt Mr. Faleh Al Fayadh from his posts and decided to return him to his posts and obligate him Read more…

The price of the dollar and the currencies in Baghdad today 12-17-2018

The price of the dollar and the currencies in Baghdad today 12-17-2018

2018/12/17 9:54

(Baghdad: Al-Furat News) Foreign currency markets in Baghdad, Monday morning, stabilized the exchange rate of the US dollar against the Iraqi dinar.
The market price in the stock market in Baghdad, Read more…

The launch of Baghdad Gate to document and simplify the procedures of investors

The launch of Baghdad Gate to document and simplify the procedures of investors

2018/12/17 10:40

(Baghdad: Al-Furat News) The Secretariat General of the Council of Ministers, in cooperation with the {UNCTAD} International and in coordination with the Economic Section of the US Embassy in Baghdad, launched Baghdad Baghdad electronic portal Baghdad.eregulations.org to document and simplify Read more…

Halabousi: Completing the cab will not take long

Halabousi: Completing the cab will not take long

2018/12/17 13:05

(Baghdad: Al Furat News) Speaker of the House of Representatives, Mohamed Halboussi, confirmed that the completion of the ministerial cabin “will not take long, especially after the prime minister sent the names of the remaining ministers to parliament.”
Halbusi stressed in a press statement that he refused to “interfere Read more…

Iraqi Dinar Guru opinions 12-16-18

Iraqi Dinar Guru opinions 12-16-18

12-16-2018 Newshound Guru MilitiaMan Article: “In an interview with “The New Arab”, Muhsin al-Alaq, Acting Governor of the Central Bank of Iraq , talks about a difficult monetary and financial stage that has passed through his country,…” The Alak interview has told us that they are at a 6/1 (16.5%) good to bad ratio with loans. …he tells us that they have loans of 37 Billion Dinar of good and 6 billion Dinars worth ($5,000,000.00 USD) of bad. It is not a bad ratio for what they have been through to date. My point is that the value of the 6 bln Dinars is key that Alak points it out, imo. Why? Well it gives a value of that 6 bln. Alak cannot openly come out and tell us a rate or a date literally to the tee.. But, he can in my opinion indirectly point us to it with forward guidance. Read more…

Iraqi Dinar/US Dollar auction results 12-16-18

Iraqi Dinar/US Dollar auction results 12-16-18

The results of the foreign currency sale window on Monday, 2018/12/17, which is issued on Sunday, 2018/12/16

Announcement No. ( 3852 ) Read more…

Parliamentary finance reveals the value of Iraq’s cash reserves and warns of movements to affect the value of the dinar

Parliamentary finance reveals the value of Iraq’s cash reserves and warns of movements to affect the value of the dinar

2018/12/16 13:30

Baghdad today _ special

A member of the parliamentary finance committee, Hoshyar Abdullah, on Sunday (December 16, 2018), about Iraq’s cash reserves, while pointing out that Iraq is a country that has a good cash reserve.

“The news that the monetary reserve is declining is incorrect and the aim is to confuse the market and affect the price of the Iraqi dinar as part of moves adopted by Read more…

The US Embassy issued a new security alert coinciding with the extension of green opening hours

The US Embassy issued a new security alert coinciding with the extension of green opening hours

2018-12-16

The US embassy in Baghdad on Sunday issued a new security alert, including a number of directives, in conjunction with the extension of the opening hours of the Green Zone in the center of the capital.

“With the limited opening of the International Zone (IZ) in Baghdad, the US Embassy has started security protocols Read more…

After the statement “Fayadh” not to waiver or withdrawal .. Mass “Sadr” respond to him

After the statement “Fayadh” not to waiver or withdrawal .. Mass “Sadr” respond to him

Sunday, December 16 2018 at 09:15 am

Baghdad / Sky Press

The Alliance revealed the arrival of assurances to abandon the members of the building block led by Nuri al-Maliki, head of a coalition of state law and Hadi al-Amiri, the leader of the Fatah Alliance and the Secretary of the Badr Organization, for supporting the nomination of Faleh al-Fayadh Read more…

Iraq gives the United States the last chance or sued internationally

Iraq gives the United States the last chance or sued internationally

2018/12/16 9:16

{Baghdad: Al Furat News} Iraq intends to sue the United States of America in international courts.
The case is a result of procrastination by the US side to restore Jewish supervision of Iraq.
The US forces, when entering Iraq in 2003, seized thousands Read more…