Archive for January, 2018

Iraqi Dinar Guru opinions 1-31-18

Iraqi Dinar Guru opinions 1-31-18

1-31-2018 Newshound/Intel Guru Mnt Goat We have to be mentally prepared for this possibly to extend out a few more days or even a week if Iraq does not rollout everything on time, as the process dictates. You know Iraq they hardly every complete anything on time… We also know the Finance Ministry wants this by the end of January in order to start the new fiscal year with the new rate and then move into the new accounting procedures that allow for periodic market adjustments. Yes- they have a brand new automated electronic computer based system for this purpose. It is all tied into tracking the budget expenditures – budgeted to actuals…I was told they are still on target. Read more…

Iraqi Dinar/US Dollar auction results 1-31-18

Iraqi Dinar/US Dollar auction results 1-31-18

The results of the foreign currency sale window for Thursday, 1-2-2018, issued on Wednesday 2018/1/31

Announcement No. (3625)
Date of sale – on Thursday 1-2-2018 and executed on Wednesday 2018/1/31
the details: Read more…

Deputy: Monetary Fund required Baghdad to increase the share of Kurdistan budget for approval and support at the Kuwait Conference of donors

Deputy: Monetary Fund required Baghdad to increase the share of Kurdistan budget for approval and support at the Kuwait Conference of donors

2018/01/31 11:09

Baghdad today – follow-up

Revealed a member of the Finance Committee in the Iraqi parliament, MP Massoud Haider, said on Wednesday that the International Monetary Fund told the Iraqi government clearly not to approve the budget without Rafah share of the Kurdistan region.

“The International Monetary Fund told Baghdad not to approve the budget and to grant loans and financial aid to Iraq, especially Read more…

Iran to “Abadi” .. If not allied with the popular crowd will be killed and killed Ali Abdullah Saleh in Yemen

Iran to “Abadi” .. If not allied with the popular crowd will be killed and killed Ali Abdullah Saleh in Yemen

31-01-2018 03:42 PM

Baghdad News –

The leader of the Islamic Party and former MP Omar Abdul Sattar said Wednesday that Iran threatened Prime Minister Haider Abadi, that if not allied with the popular crowd, it will detonate 60 car bombs in Baghdad, he said.

“Iran threatened Prime Minister Haider al-Abbadi to blow up 60 car bombs in Baghdad if he did not join the popular rally,” he said, adding that “if Abadi had not joined the Fatah to kill him and killed Read more…

The price of the dollar against the Iraqi dinar on 31 January 2018

The price of the dollar against the Iraqi dinar on 31 January 2018

31-01-2018 03:38 PM

Baghdad News –

The exchange rate of the US dollar against the Iraqi dinar fell on the stock exchange and local markets on Wednesday.

Kifah Stock Exchange – Baghdad. Read more…

Central Bank: Signing a contract to establish a deposit guarantee company with 44 banks

Central Bank: Signing a contract to establish a deposit guarantee company with 44 banks

2018/1/31 12:24

[Ayna-Baghdad]
The Central Bank of Iraq announced the signing of the bank deposit guarantee company.
The Director of the Information Office of the Bank, Acer Jabbar said in a statement received by the agency of all Iraq [where] a copy of it “that, in line with the duties of this bank provided for in its law and in order to ensure the stability of the banking sector and increased confidence in it was signed the Memorandum of Association of the bank deposit guarantee company Read more…

US Ambassador: We strongly support the Kuwait Conference and hold elections on time

US Ambassador: We strongly support the Kuwait Conference and hold elections on time

2018/1/31 13:26

[INA-BAGHDAD]
Vice President Nuri al-Maliki discussed in his official office today with US Ambassador to Iraq Douglas Allen Silliman the path of bilateral relations between the two friendly countries and issues of mutual concern.
“The two sides discussed the ongoing preparations for the Iraq reconstruction conference, which will be held in Kuwait soon, and Read more…

Iraqi Dinar Guru opinions 1-30-18

Iraqi Dinar Guru opinions 1-30-18

1-30-2018 Intel/Newshound Guru Angelquest Article: “Did the international community in Davos abandon the reconstruction of Iraq?” Time to put your big boy pants on now Abadi, get the budget taken care of, get the bad guys put in jail, and know it is time for Iraq to stand on it’s own 2 feet just like everyone else. The international community wants a stable government before they invest, not a maybe elections in May, maybe pass the budget, maybe prosecute the bad guys maybe not. I wouldn’t want my money tied up in Iraq until there are major changes. I think this will be a major wake up call for Abadi and Iraq. Read more…

Iraqi Dinar/US Dollar auction results 1-30-18

Iraqi Dinar/US Dollar auction results 1-30-18

The results of the foreign currency sale window on Wednesday 31-1-2018 and issued on Tuesday 2018/1/30

Announcement No. (3624)
Date of sale – on Wednesday 31-1-2018 and executed on Tuesday 2018/1/30
the details: Read more…

Qatar: Trump is the only one capable of solving the Gulf crisis

Qatar: Trump is the only one capable of solving the Gulf crisis

30-01-2018 02:41 PM

Qatar’s Defense Minister Khalid bin Mohammed al-Attiyah said Tuesday that there is only one president who can solve the Gulf crisis by one phone call.

“I think that the only one who can solve the Gulf problem is President Trump, I think he can solve it with one phone call, so we have always urged the White House to invite everyone Read more…

The price of the dollar against the Iraqi dinar on 30 January 2018

The price of the dollar against the Iraqi dinar on 30 January 2018

30-01-2018 11:15 AM

Baghdad News –

The exchange rate of the dollar fell on the stock exchange and local markets on Tuesday.

Kifah Stock Exchange – Baghdad. Read more…

Abadi announced the start of the task of fighting corruption

Abadi announced the start of the task of fighting corruption

30-01-2018 06:30 PM

The Euphrates –

Prime Minister Haidar al-Abadi announced today the start of what he called ‘the task of fighting corruption.

“We have started the task of fighting corruption and will not end in a matter of days,” Abbadi told a news conference.

He added Read more…

Connect Iraq to Saudi Arabia via optical cable to improve Internet quality

Connect Iraq to Saudi Arabia via optical cable to improve Internet quality

2018/1/30 10:05

{Baghdad: Al Furat News} The engineering and technical teams in the Anbar Communication Directorate managed to connect Iraq with the Saudi side via optical cable to improve the quality of the Internet.
A statement to inform the Office of the Minister of Communications received the agency {Euphrates News} copy of it today, “In implementation of the directives issued by the General Company for Communications managed engineering and technical teams Read more…

Iraqi Dinar Guru opinions 1-29-18

Iraqi Dinar Guru opinions 1-29-18

1-29-2018 Newshound Guru mike Article: “Vice: Government Completes participating donor conference and the budget must be passed before the file held” Time is a commodity for these guys, they better get busy. The problem is there are deep cuts in the budget that will directly effect the common man in Iraq and no one wants to be a part of budget cuts this close to an election. Another problem is that Iraq has this Kuwaiti donor deal to get to next month and they need the budget to beg for money. They’ve painted themselves in a corner, from a corrupt official’s point of view. Pass the budget and face the consequences at the polls or risk getting nothing from the donor conference. Let’s see how they wriggle out of this one. Read more…

Iraqi Dinar/US Dollar auction results 1-29-18

Iraqi Dinar/US Dollar auction results 1-29-18

The results of the foreign currency sale window on Tuesday 30-1-2018 and executed on Monday 2018/1/29

Announcement No. (3623)
Date of sale – on Tuesday 30-1-2018 and executed on Monday 2018/1/29
the details: Read more…

Al-Abbadi returned disappointed with Davos after hearing harsh words

Al-Abbadi returned disappointed with Davos after hearing harsh words

29-01-2018 02:38 PM

LONDON (Reuters) – Prime Minister Haider al-Abadi has returned disappointed after hearing harsh words from donors and presumed investors when he offered to help Iraq, the London-based Arabic newspaper Al-Arab reported on Monday.

The newspaper said today that Abadi faces a great challenge in persuading foreign donors and investors Read more…

Iraqi Dinar/Dollar exchange rate in local markets 1-29-2018

Iraqi Dinar/Dollar exchange rate in local markets 1-29-2018

29-01-2018 03:00 PM

The Euphrates –

The exchange rate of the dollar, on Monday, a decline in the Basra Stock Exchange and stability in the stock markets of Arbil and Baghdad, in front of the dinar.

The price of selling the dollar on the Kifah Stock Exchange in Baghdad Read more…

Parliament lifts its punishment for the banks of the region and obligates the Central Bank to monitor them

Parliament lifts its punishment for the banks of the region and obligates the Central Bank to monitor them

2018/1/29 13:18

{Baghdad: al-Furat News} voted the House of Representatives to lift his previous punishment for the banks of the Kurdistan region.
A parliamentary source told the {Euphrates News} a copy of it, “The House of Representatives voted on a decision on the need to avoid the need for previous actions on banking transactions with financial institutions in the Kurdistan region after achieving the target required on the subject of banks and that the Central Bank to submit Read more…

The central bank is expanding its basket of currencies to include the Chinese [yuan]

The central bank is expanding its basket of currencies to include the Chinese [yuan]

2018/1/29 14:10

[Ayna-Baghdad]
The Central Bank of Iraq, announced its investment in the Chinese currency [Yuan].
“The bank is keen to diversify its foreign reserves and diversify the basket of currencies in the investment portfolios, as well as the geographical distribution of the investments of this bank. For this purpose, and through the Read more…

Parliament ends the reading of the budget of 2018 and vote on two decisions [expanded]

Parliament ends the reading of the budget of 2018 and vote on two decisions [expanded]

2018/1/29 16:56

[Ayna-Baghdad] The
voice of the House of Representatives in the eighth ordinary session of the second legislative term for the fourth legislative year held under the chairmanship of Salim al-Jubouri, Speaker of the House of Representatives and the presence of 166 deputies on Monday, the decisions of deputies and ended the reading Read more…