Archive for December, 2020

Iraqi Dinar Guru opinions 12-31-2020

Iraqi Dinar Guru opinions 12-31-2020

12-31-2021 Newshound Guru Pimpy Article “After the central bank was hit by a surprise… Iraq may move to change the dollar exchange rate”. But this time in the right direction! Not the other way around. We’re talking about increasing the value of the dinar against the U.S. dollar. You’ll see different articles conflicting with one another that’s why you can’t get too excited with good news and get too bummed out with bad news. Quote “as soon as the devaluation of the dinar against foreign currency especially the US dollar came into effect the peoples willingness to buy those currencies decreased which created an alarm for the Central Bank of Iraq .” If they’re going to increase it, this might be a good time…when you see the number of dinars decrease for every $1 that’s what we want. That’s good. That’s what we want to see. Read more…

Barham Salih acknowledges the failure of the system of government in Iraq and hints at the devaluation of the dinar

Barham Salih acknowledges the failure of the system of government in Iraq and hints at the devaluation of the dinar

2020-12-31 20:57

Shafaq News / On Thursday, the President of the Republic, Barham Salih, considered that the political system that ruled the country since the fall of Saddam Hussein’s regime until now has been unable to serve the Iraqis, calling at the same time for a review of the situation and the adoption of reform decisions on their impact and the removal of people and their power Read more…

The lowest in years .. Decline in central bank sales

The lowest in years .. Decline in central bank sales

12/31/2020 10:41:03

{Baghdad: Al Furat News} The Central Bank of Iraq’s dollar sales continue to decline in an unprecedented way and to the lowest level in years.
According to the bank’s daily bulletin on the currency auction on Thursday, the total sale for purposes of strengthening funds abroad Read more…

The region takes advantage of the currency difference .. Parliamentary finance talks about attempts to withdraw the Iraqi dinar from the local markets

The region takes advantage of the currency difference .. Parliamentary finance talks about attempts to withdraw the Iraqi dinar from the local markets

THURSDAY, 12-31-2020, PM 12:09

The Parliamentary Finance Committee said, “The new budget is the largest in the Arab world after Saudi Arabia, while the currency selling window was accused of” currency smuggling “according to a systematic work.

Committee member, Muhammad al-Darraji, said in a statement carried by the official agency, that “the budget for 2021 amounts to Read more…

Al-Zubaidi: Whoever imprinted the second term of al-Maliki and the licensing rounds will enter the fire

Al-Zubaidi: Whoever imprinted the second term of al-Maliki and the licensing rounds will enter the fire

2020-12-31

On Thursday (December 31, 2020), the former Minister of Finance, Baqir Al-Zubaidi, launched a sharp attack on the government of former Prime Minister Nuri al-Maliki in his second term (2010-2014), indicating that everyone who “imprinted” on this state and the licensing rounds “will enter the fire on this day.” The resurrection. ”

Al-Zubaidi said in a televised interview recently shown on the official Iraqi satellite channel, “I am speaking as a former finance minister and head of the Citizen Parliamentary Bloc … for four years I monitored the performance of the second Maliki government,” considering that “it was the disaster that befell Iraq.”

Al-Zubaidi described the second term of al-Maliki as Read more…

Today, Thursday, find out the exchange rate of the dollar in the local markets

Today, Thursday, find out the exchange rate of the dollar in the local markets

12/31/2020 10:40

[Baghdad-Where]
The exchange rates of the dollar recorded, on Thursday, a new high in the main stock exchange and local markets in the capital, Baghdad.
A correspondent reported Read more…

Bazrani calls on Baghdad to compensate Kurdistan with its deprived financial dues by 2020

Bazrani calls on Baghdad to compensate Kurdistan with its deprived financial dues by 2020

12/31/2020 15:33

[Erbil-Where]
President of the Kurdistan Region Nechirvan Barzani demanded, on Thursday, the Iraqi federal government to compensate the Kurdistan Region for what it was deprived of of its financial dues for the year 2020.
This came during a congratulatory telegram presented by the President of the Kurdistan Region, Nechirvan Barzani on the occasion of the New Year, which stated:
“I extend my congratulations Read more…

Iraqi Dinar Guru opinions 12-30-2020

Iraqi Dinar Guru opinions 12-30-2020

12-30-2020 Newshound Guru Breitling If you look at the Saddam Hussein era the currency was worth $3.25 cents…How many people were buying Iraq’s energy? It was a lot but it’s not as much as it is today…$3.25 with less customers! You understand what Iraq can do…Iraq needs to sell energy through the U.S. dollar and at the same time add value to their currency. Those are different markets. They have to add value to their currency as a policy so they can create the markets…If you look at it through that direction it’s crystal clear. Read more…

Planning depends on the previous exchange rate of the dollar for one purpose

Planning depends on the previous exchange rate of the dollar for one purpose

Posted, 2020-12-30 12:48

Shafaq News / The Iraqi Ministry of Planning announced on Tuesday that it will adopt the previous exchange rate for the dollar for mathematical purposes related to investment projects exclusively until the end of this year.

The Undersecretary of the Ministry of Planning, Maher Hammad Johan, said, in a statement received by Shafaq News, that “the ministry had previously approved the new exchange rate approved by the Central Bank Read more…

The central bank’s dollar sales are collapsing

The central bank’s dollar sales are collapsing

12/30/2020 11:15:55

{Baghdad: Al Furat News} The Central Bank of Iraq’s dollar sales continue to decline in an unprecedented way.
According to the bank’s daily bulletin on the currency auction on Wednesday, the total sale for the purposes of strengthening funds abroad {transfers, credits} Read more…

A sudden and unexpected statement from Parliament on the 2021 budget

A sudden and unexpected statement from Parliament on the 2021 budget

12/30/2020 13:49:56

{Baghdad: Al Furat News} A member of the Parliamentary Finance Committee criticized the draft fiscal budget for 2021.
Committee member Ahmed Hama Rashid said in a statement that the Al Furat News Agency received, “The 2021 budget in terms of form is the most elegant budget since 2006 until now and contains a set of important reports on trade policy and the monetary budget …. etc.”
He added, “As for content {it is} the saddest budget prepared by the Ministry Read more…

In pictures … the protests continued in front of the Central Bank for the third day in a row

In pictures … the protests continued in front of the Central Bank for the third day in a row

12/30/2020 10:47:19

{Baghdad: Al Furat News} Protests continue in front of the Central Bank of Iraq for the third day in a row due to the high exchange rate of the dollar against the dinar.
The demonstrators insisted on continuing their protest, demanding the dismissal of Mustafa Ghaleb, governor of the Central Bank.

The protesters had raised slogans describing the governor of the Central Bank Read more…

Transportation formally signed with Daewoo to implement the Faw Port project … and important details

Transportation formally signed with Daewoo to implement the Faw Port project … and important details

12/30/2020 17:15:22

{International: Al Furat News} Iraq agreed on a deal worth 2.625 billion dollars with “Daewoo” Engineering and Construction, South Korea, today, Wednesday, to build the first phase of the Faw commodity port, which it is planning in the south of the country.
Under the contract signed in Baghdad by representatives of the Ministry of Transportation and the South Korean company, Daewoo will undertake Read more…

Parliamentary Finance: We will discuss the budget after the New Year holidays

Parliamentary Finance: We will discuss the budget after the New Year holidays

2020-12-30

The Parliamentary Finance Committee announced, on Wednesday, that discussion of the draft federal budget law for 2021 will begin after the New Year’s holiday.

A member of the committee, Representative Shirwan Mirza, told the Patriotic Union of Kurdistan website that “discussion of the draft federal budget law for 2021 will start after the New Year holiday.”

He added that “the House of Representatives will certainly amend the budget Read more…

A list of the exchange rates of the dollar, metals and international currencies in the Iraqi market

A list of the exchange rates of the dollar, metals and international currencies in the Iraqi market

12/30/2020 10:49

[Baghdad-Where] We will
publish for this Wednesday a list of exchange rates for the dollar and minerals in the Iraqi market
The dollar against the Iraqi dinar
prices , exchange offices: Read more…

The head of the Integrity Commission warns against taking advantage of the change in dollar prices

The head of the Integrity Commission warns against taking advantage of the change in dollar prices

12/30/2020 14:37

[Baghdad-Where] The
head of the Federal Integrity Commission, Judge Alaa Jawad Hamid, stressed, on Wednesday, the need for the law to be a deterrent to all those who ask themselves to manipulate the livelihood of the poor citizen, warning merchants and weak souls from exploiting the repercussions of changing the currency exchange; In order to achieve financial gains at the expense of the needs of citizens with limited income.
Judge Alaa Jawad drew attention to the importance of dealing with the exploiters Read more…

The Ministry: The electricity supply will improve as of this evening

The Ministry: The electricity supply will improve as of this evening

12/30/2020 15:00

[Baghdad-Where] The
Ministry of Electricity pledged, on Wednesday, to improve energy supply hours for citizens, starting this evening.
“The visit of the Iranian Minister of Energy to Iraq was fruitful and resulted in a discussion of all outstanding problems related to the supply of gas, and there were protocol agreements Read more…

Iraqi Dinar Guru opinions 12-29-2020

Iraqi Dinar Guru opinions 12-29-2020

12-29-2020 Newshound Guru MilitiaMan I am sure everyone by now can see the postponements are intentional. They clearly have a goal, a purpose and it is on purpose imo. They are holding their cards (exchange rate) close to the chest as long as they possibly can. It is clear…They are going to update the exchange rate before the end of the year. One can say, well they did already from 1190 – 1460 and one can say they are to do it again based off todays articles from 1460 – 1660. …Hindsight shows they did tell us though one way or another that they are or were going to devalue the currency and also revalue it. Read more…

For the second day in a row .. Protests continue in front of the Central Bank to demand the dismissal of the governor

For the second day in a row .. Protests continue in front of the Central Bank to demand the dismissal of the governor

12/29/2020 11:58:13

(Baghdad: Al Furat News) An informed source said today, Tuesday, that protests continue for the second day in a row in front of the Central Bank to demand the dismissal of the bank’s governor.
The source told {Al-Furat News} that “a group of protesters gathered for the second day in a row in front of the central bank building, demanding the dismissal of its governor and the elimination of corruption Read more…

The Cabinet issues a number of important decisions

The Cabinet issues a number of important decisions

12/29/2020 18:53:59

{Baghdad: Al Furat News} Today, Tuesday, the Council of Ministers held a regular session headed by the Prime Minister, Mustafa Al-Kazemi, during which they discussed developments in the events, as well as discussing the topics included in its agenda.
According to the government statement, the Euphrates News received a copy of it, discussing the developments of the work of the Committee to Strengthen Governmental Measures, Read more…