Archive for November, 2020

Iraqi Dinar Guru opinions 11-30-2020

Iraqi Dinar Guru opinions 11-30-2020

11-30-2020 Newshound Guru Breitling …People keep forgetting – the currency [Iraqi dinar] is undervalued. They devalued the currency. That’s not a market rate. They kept printing the currency. They even said that they were going to do that. And they did that. So when they say they want to add value to the currency, I believe them because they followed through on everything… they are going to add value to their currency. Read more…

Iraqi Dinar/US Dollar auction results 11-30-2020

Iraqi Dinar/US Dollar auction results 11-30-2020

The results of the foreign currency sale window on Monday 11/30/2020 and executed today

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Parliamentary Finance: The proposal for the “white paper” to replace the currency requires a lot of money

Parliamentary Finance: The proposal for the “white paper” to replace the currency requires a lot of money

2020-11-30 09:15

Shafaq News / The Parliamentary Finance Committee confirmed, on Monday, that the “white paper” submitted by the Prime Minister, Mustafa Al-Kazemi, includes a proposal to replace the currency, noting that this proposal requires a lot of funds to implement it.

It is noteworthy that the Iraqi Prime Minister, Mustafa Al-Kazimi, confirmed, last June, that the government had prepared a “white paper” for the upcoming reforms. According to the document, the proposed period for implementation is 3 years from 2021 to 2023.

Committee reporter Ahmed Al-Saffar told Shafaq News: That “the reform paper to address the financial crisis presented by the House of Representatives includes one of its points to review the exchange rate while studying the possibility of proceeding with steps to delete zeros, Read more…

Faily reveals shocking details about the currency auction and links it to the salaries of 200,000 employees

Faily reveals shocking details about the currency auction and links it to the salaries of 200,000 employees

2020-11-30 09:11

Shafaq News / A member of the Parliamentary Economic and Investment Committee, MP Mazen Al-Faily, renewed his demand on Monday to stop the depletion of hard currency through the currency auction organized by the Central Bank of Iraq, stressing that specific banks belonging to political parties are the biggest beneficiaries of this auction.

Al-Faily said in a statement received by Shafaq News, “We renew our call to stop the depletion of hard currency in the selling auction, in which hundreds of billions of dinars are lost every month Read more…

Representative for the Democrat: The party is able to lead the region alone and close agreements in the areas of Article 140

Representative for the Democrat: The party is able to lead the region alone and close agreements in the areas of Article 140

Posted, 11/30/2020 22:15:01

(Baghdad: Al Furat News) The deputy of the Kurdistan Democratic Party, Ardalan Nur al-Din, announced, on Sunday, the ability of his party to lead the Kurdistan region alone, while he revealed close agreements regarding the areas of Article 140.
Nour al-Din told Al-Furat News that “the democrat can administer Kurdistan alone, as he won the largest number of votes and electoral seats in the center and the region. We did not seek the authorities, Read more…

The Parliamentary Investigation Committee on Electricity Contracts: We reached preliminary results and convictions

The Parliamentary Investigation Committee on Electricity Contracts: We reached preliminary results and convictions

11/30/2020 15:21:24

{Baghdad: Al Furat News} The parliamentary committee charged with investigating the Ministry of Electricity contracts since 2003 revealed that it had reached “preliminary results.”
A member of the committee and head of the parliamentary services and reconstruction committee, Walid al-Sahlani, told {Al-Furat News}: “We cannot declare because we have a specific measure that we will take, and a formal agreement has become in this between the members Read more…

The decline in the exchange rates of the US dollar against the Iraqi dinar in the local markets

The decline in the exchange rates of the US dollar against the Iraqi dinar in the local markets

MONDAY, 11-30-2020, AM 11:42

The exchange rates of the dollar retreated in the main stock market and local markets after rising over the past two days, today, Monday (November 30, 2020). Read more…

Al-Kazemi directs to send the 2021 budget “immediately” to the Cabinet Secretariat

Al-Kazemi directs to send the 2021 budget “immediately” to the Cabinet Secretariat

2020-11-30

Prime Minister Mustafa Al-Kazemi directed, on Monday, to send the draft federal budget law for 2021 “immediately” to the General Secretariat of the Council of Ministers for the purpose of scrutiny.

“The Prime Minister directed the Ministries of Finance and Planning Read more…

Legal move to investigate corruption of the currency sale window

Legal move to investigate corruption of the currency sale window

2020-11-30

A document was published today, Monday, showing the Public Prosecution Office directing a letter to the Rusafa Investigation Court, which is concerned with issues of integrity, money laundering and economic crime, to take the necessary legal measures to investigate violations of the currency sale window.

According to the document, the Presidency of the Public Prosecution Office asked the court Read more…

Al-Fath: Al-Kazemi’s accusations to the blocs of controlling the ports are unacceptable excuses, and he must uncover the corrupt

Al-Fath: Al-Kazemi’s accusations to the blocs of controlling the ports are unacceptable excuses, and he must uncover the corrupt

2020-11-30

On Monday, the Al-Fateh Alliance criticized what it called Al-Kazemi’s vague accusations against the political blocs of controlling the outlets and the currency auction, returning them as unacceptable excuses and he must reveal the corruption of those parties.

The MP for Al-Fateh Ahmed Al-Kinani said in a press interview, “The talks of Prime Minister Mustafa Al-Kazemi about the corruption of the currency auction Read more…

Al-Kazemi issues instructions regarding the electoral process and submits a request to Parliament

Al-Kazemi issues instructions regarding the electoral process and submits a request to Parliament

11/30/2020 17:19

[Baghdad-Where]
On Monday, Prime Minister Mustafa Al-Kazemi issued several directives regarding the electoral process, directing a request to Parliament regarding the election law.
His office said in a statement, “The Prime Minister, Mustafa Al-Kazimi, visited today the headquarters of the Independent High Electoral Commission, and was informed Read more…

Close solutions .. The Minister of Planning talks about the share of the Kurdistan region in the budget

Close solutions .. The Minister of Planning talks about the share of the Kurdistan region in the budget

11/30/2020 15:51

[Baghdad-Where]
Minister of Planning Khaled Battal Al-Najm confirmed, on Monday, that the draft budget law for 2021 is in the process of preparation and will be discussed in the Council of Ministers next week, indicating that there are close solutions regarding the share of the Kurdistan region.
Al-Najm said in a television interview, “The budget is currently Read more…

Iraqi Dinar Guru opinions 11-29-2020

Iraqi Dinar Guru opinions 11-29-2020

11-29-2020 Intel Guru RayRen98 US Bank News…Some banks are “ON EXCHANGE LOCATION” today…waiting for the “GO” signal! (Except Texas, more than likely) Various rates for different currencies are being communicated to us…supposedly at the banks discretion? Have your “Game On” when you go in to exchange. Read more…

Iraqi Dinar/US Dollar auction results 11-29-2020

Iraqi Dinar/US Dollar auction results 11-29-2020

The results of the foreign currency sale window on Sunday 11/29/2020 and executed today

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An economist reveals the mechanism of the “currency auction” and the reasons for the rise in the dollar

An economist reveals the mechanism of the “currency auction” and the reasons for the rise in the dollar

Posted, 11/29/2020 21:52:40

{Baghdad: Al Furat News} Economic expert Majid Al-Suri revealed, on Saturday, the mechanism adopted by the Central Bank to sell currency by auction, explaining the main reason behind the high exchange rates of the dollar in the country.
“The reasons for the rise in the value of the dollar are the insistence of the Ministry of Finance, the white paper’s insistence on changing the currency’s rate, speculators took advantage of the matter, and exchanges outside Read more…

A deputy calls for cutting diplomatic relations with the UAE and suspending the granting of entry visas to its citizens

A deputy calls for cutting diplomatic relations with the UAE and suspending the granting of entry visas to its citizens

11/29/2020 10:20:24

(Baghdad: Al Furat News) Representative Mansour Al-Baiji called, on Sunday, for the government to reciprocate the UAE, suspend granting entry visas to its citizens, and cut diplomatic relations with it.
In a press statement, Al-Baiji said, “I was surprised by the UAE’s recent decision to suspend the entry visa for Iraqis to its lands,” considering this decision a “targeting the sovereignty of Iraq and its citizens Read more…

Parliamentary finance in announcing a “double-edged” employee salaries are insured, but ??

Parliamentary finance in announcing a “double-edged” employee salaries are insured, but ??

11/29/2020 17:20:20

{Baghdad: Al-Furat News} The Parliamentary Finance Committee confirmed, on Sunday, that “the salaries of employees are insured and the government is able to pay them in this way.”
A member of the Finance Committee, Ahmed Rashid, told {Al-Furat News} that “any delay in sending the draft budget law is reflected in salaries and the government bears its responsibility,” stressing that “the government’s reluctance Read more…

TRUMP: There are voting machines that sent thousands of votes to Biden instead of me in the biggest fraud in our country

TRUMP: There are voting machines that sent thousands of votes to Biden instead of me in the biggest fraud in our country

2020-11-29

US President Donald Trump said in his first post-election interview that the United States “witnessed the greatest fraud,” noting that there were voting machines that transmitted thousands of votes to Joe Biden instead.

Trump said in an interview with “Fox News” that foreign leaders are calling the Democratic candidate who declared Read more…

Parliamentary efforts to prevent payment of any sums of money to Kurdistan in the 2021 budget

Parliamentary efforts to prevent payment of any sums of money to Kurdistan in the 2021 budget

2020-11-29

The head of the Government Program Implementation and Strategic Planning Committee, Hazem Al-Khalidi, announced, on Sunday, that it will seek to include provisions in the General Budget Law for 2021 that oblige Kurdistan to pay oil imports.

Al-Khalidi said in a press interview that “the regional government Read more…

The high exchange rate of the dollar in the Iraqi market 11-29-2020

The high exchange rate of the dollar in the Iraqi market 11-29-2020

2020-11-29

The exchange rates of the dollar rose in the main stock markets for the second day in a row, while it stabilized in the local markets today, Sunday (November 29, 2020) Read more…