Archive for November, 2016

Iraqi Dinar Guru opinions 11-30-16

Iraqi Dinar Guru opinions 11-30-16

11-30-2016 Intel Guru Frank26 I strongly believe that there is a change in the rate and I strongly believe that it will be reported very soon… IMO…PURCHASING POWER was given to the citizens IN-COUNTRY and is now 1 to 1 with the USD. IMO…their currency is worth one dollar…The American Dollar is PEGGED to the Iraqi Dinar. …they took 1188 away from the AUCTIONS…to put in a TRANSITIONAL RATE…which has been well hidden. We want this TR (Transitional Rate) to go INTERNATIONAL…to the FOREX…and it will climb faster than a Saturn rocket. We’ve been waiting for “INTERNATIONAL!” The 5th…which is THIS COMING MONDAY…HELLO! This date…for the IMF …the “target date” is to see if they have complied with the IMF requirements. I believe they are Article 8 compliant. It’s a one-way street. Abadi adjusted 2 things in the budget that the IMF demanded…it’s ready… Read more…

Iraqi Dinar/US Dollar auction results 11-30-16

Iraqi Dinar/US Dollar auction results 11-30-16

Results currency auction
Announcement No. (3329)

Opening Offers sale and purchase of foreign currency daily window in the Iraqi Central Bank on Wednesday, a brief summary of 11.30.2016 and the results were as follows: Read more…

Parliamentary Energy: oil and gas law needs to be enacted political agreement

Parliamentary Energy: oil and gas law needs to be enacted political agreement

30.11.2016 at 10:55 (Baghdad time)

Special – balances News
The head of the Commission on oil and energy parliamentary Ares Abdullah, Wednesday, that the enactment of the oil and gas law needs a political agreement before any other agreements between the governments of the center and the province.
Abdullah said L / balance News /, that “there are unresolved problems between the federal government and the Kurdistan Read more…

Keywords: central bank will begin to apply international standards beginning this December (Details)

Keywords: central bank will begin to apply international standards beginning this December (Details)

30-11-2016 12:42 PM

East News –

The governor of the Central Bank and the Agency on the Keywords, said on Wednesday that the agreement signed by the United States aims to cut off funding for the organization (Daesh) and other terrorist organizations and prevent money laundering ‘, and pointed out that the bank will start applying the certified standards internationally in this regard the beginning of December next, with the exception that the process of removing zeros from the local Read more…

Rate of Arab and foreign currencies in Iraqi dinars on Wednesday 11-30-2016

Rate of Arab and foreign currencies in Iraqi dinars on Wednesday 11-30-2016

Published on: 11-30-2016, 09:29

Rate of Arab and foreign currencies in Iraqi dinars on Wednesday 11-30-2016

BAGHDAD / Sky Press: Read more…

Deputy for the National: determined to approve the 2017 budget at tomorrow’s meeting

Deputy for the National: determined to approve the 2017 budget at tomorrow’s meeting

30.11.2016 12:10

Anne – special]
likely deputy for the National Alliance, on Wednesday, the adoption of the budget bill for 2017 in the parliament session on Thursday.
He said Tawfiq al – Kaabi told all of Iraq [where] “There have been extensive discussions of all committees, headed by the Parliamentary Finance Committee on the 2017 budget, a lot of MPs submitted their proposals for going forward.”
Kaabi said : “We are determined to pass the 2017 budget Read more…

Abadi: Iraq closer to unity than ever

Abadi: Iraq closer to unity than ever

30/11/2016 12:34

BAGHDAD / Alaa al – Taie
Prime Minister Haider al – Abadi stressed that « the city of Mosul , will remain united and one» and that «Iraq today is closer to unite than ever», and stressed that «we seek to erase all traces gangs« Daesh »reconciliation and brotherhood», as explained that « People crowd the law distinguishes between those committed by law the state and leaving him », while warning of the « pay money in exchange for appointments to gangs exploiting Read more…

Iraqi Dinar Guru opinions 11-29-16

Iraqi Dinar Guru opinions 11-29-16

11-29-2016 Intel/Newshound Guru Mnt Goat Article: “Abadi adviser (Saleh) calls for the establishment of a new bank to finance trade and private sector” This is amazing news! It is WOW news. …they are telling us the currency auctions {by the CBI} will end and be replaced by a separate bank that will handle international currencies. I quote from the article above – “to set up a new bank for trade finance” and “the trade must be regulated by the government, but without restriction”. …So what other currencies would they be so worried about in dealing with foreign remittences. Why would they need a separate bank just for this effort if they did not expect to be conducting trade with many other countries and converting many currencies of these countries? …The part about “without restriction” says it all. This means a free flow of monies during trade. Yes – this is needed if they are going to get out of their “closed” economy and open up an unrestricted trade with international countries. Folks this is just another tell-tell sign they are about to go international…WOW! Read more…

Iraqi Dinar/US Dollar auction results 11-29-16

Iraqi Dinar/US Dollar auction results 11-29-16

Results currency auction
Announcement No. (3328)

Opening Offers sale and purchase of foreign currency daily window in the Iraqi Central Bank on Tuesday to brief summary of 11.29.2016 and the results were as follows: Read more…

Zimbabwe poses a currency equivalent to US dollar

Zimbabwe poses a currency equivalent to US dollar

Tuesday November 29 2016 10:01

Alsumaria News / Baghdad
Zimbabwe has issued its own generic US currency for use within the country’s bank notes in order to alleviate the shortage of foreign currency, and export promotion.

The newspaper “The Independent” British, the Reserve Bank of Zimbabwe (central bank) raised cash cards worth $ 10 million from category 2 and $ 5.

Zimbabwe has resorted to the US dollar Read more…

Parliamentary Legal: Holiday legislative term will not begin until after the adoption of the budget

Parliamentary Legal: Holiday legislative term will not begin until after the adoption of the budget

29/11/2016

He parliamentary legal committee member Salim Chawki that the next legislative term holiday will start only after the adoption of the budget.

Shawki said, “This is a chapter in the end and that prevents the end of the day 01.01.2017 is an issue where the budget is not permitted to go to the legislative term holiday until after the adoption of the budget.”

He added that “there will not be important laws include the agenda Read more…

Rate of Arab and foreign currencies in Iraqi dinars on Tuesday 11-29-2016

Rate of Arab and foreign currencies in Iraqi dinars on Tuesday 11-29-2016

Published on: 11-29-2016, 09:27

Rate of Arab and foreign currencies in Iraqi dinars on Tuesday 11-29-2016

BAGHDAD / Sky Press: Read more…

Deputy: transfers in the budget will be limited

Deputy: transfers in the budget will be limited

29/11/2016 16:20

{Baghdad} Euphrates News National Alliance MP, Jamal Muhammadawi, said the transfers in the general budget will be limited due to the lack of imports and financial abundance there.
He said Muhammadawi told {Euphrates News} ” The vote on the budget will be either at the end of this week or early next week, adding that” the parliament will not enter the legislative his vacation Read more…

Toyota plans to open branches in all governorates of Iraq

Toyota plans to open branches in all governorates of Iraq

29/11/2016 10:56

[Where – Baghdad]
Toyota plans to open branches in all governorates of Iraq.
According to a statement of the Ministry of Industry and Minerals received by all of Iraq [where] a copy of the “Minister of Industry and Minerals Engineer Mohamed Soudani Xiaa met in his office at the ministry head of Toyota Iraq company official and exclusive distributor for Toyota in Iraq to Read more…

The central bank begins to run the National divider system

The central bank begins to run the National divider system

29/11/2016 9:25

[Where – Baghdad]
Iraqi Central Bank announced the start of work of national and private divider system of exchange of financial transfers through credit cards.
He said the Iraqi Central Bank informed in a statement received agency [where] that ” the Bank has developed a court to work with this system plan first operating phase of the five banks and Read more…

The stability of the dollar today at 1310 dinars

The stability of the dollar today at 1310 dinars

29/11/2016 10:34

[Oan- Baghdad]
recorded a foreign currency markets in Iraq, on Tuesday morning, a stable dollar exchange rate against the Iraqi dinar.
And record the market price at the Stock Exchange in Baghdad struggle at Read more…

Iraqi Dinar Guru opinions 11-28-16

Iraqi Dinar Guru opinions 11-28-16

11-28-2016 Newshound/Intel Guru BGG Article: “Iraq receives four billion dinars as a loan from the World Bank next month” When I saw this one – my first thought was… 1) That is great… the WB pitching in (even if it IS only 4 million USD) means they are HEADED towards international “re-integration”… via IMF oversight and my second thought was…2) 4 million USD doesn’t seem like much (or less) – unless of course… it’s NOT REALLY 4 million? they quoted this number in Dinar (which they would – since it is in Arabic vernacular)…but that number may not be “exactly static”…Who knows what 4 Billion Dinar is worth then? 4 million doesn’t do much in the way of “reconstruction”… That article says Dinar… another one says USD… My point…it’s probably NOT 4 Billion Dinar at it’s current value. That would only be 4 Million USD – that’s about enough to “reconstruct” one really nice house…4 Billion – on the other hand… might be a start… Read more…

Iraqi Dinar/US Dollar auction results 11-28-16

Iraqi Dinar/US Dollar auction results 11-28-16

Results currency auction
Announcement No. (3327)

Opening Offers sale and purchase of foreign currency daily window in the Iraqi Central Bank on Monday to brief summary of 28.11.2016 and the results were as follows: Read more…

Rate of Arab and foreign currencies in Iraqi dinars on Monday 11-28-2016

Rate of Arab and foreign currencies in Iraqi dinars on Monday 11-28-2016

Published on: 11-28-2016, 09:26

Rate of Arab and foreign currencies in Iraqi dinars on Monday 11-28-2016

BAGHDAD / Sky Press: Read more…

IMF … between the development of economy and finance of corruption in Iraq

IMF … between the development of economy and finance of corruption in Iraq

Posted 28/11/2016 11:09 AM

Corruption and economic disarray practiced by successive governments in Iraq since 2003, in all its forms and fields is more greedy and deadly and spread the country’s economy from the direct physical occupation.
And it highlights the seriousness of the corruption Iraq’s request to borrow from the International Monetary Fund; to address the deficit in the balance of payments on the one hand and dumping the Iraqi economy, debt and economic dependency does not end on the other hand; forcing Iraq to open the doors of its economy wide Read more…