Iraqi Dinar Guru opinions 10-30-2024
10-30-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Mr Sammy [FRANK: Who runs one of the banks in Iraq] said all that is needed at this point is a new rate to push forward the remaining things. The budget has not been released yet but it will be. Then the HCL also needs to be voted and we need the Speaker of the House. All of these things are working together. To see that budget and the HCL we’re going to need to see the Real Effective Exchange Rate. FRANK: The Real Effective Exchange Rate will come when it starts to float. That’s part two of the ‘hybrid monetary reform plan’. Part One is to give you purchasing power. I agree with Mr. Sammy…there are major events that are coming to an intersection that will collide with great force for your new exchange rate and currency. Read more…
Iraqi Dinar/US Dollar auction results for today 10-30-2024
Foreign exchange window results for Wednesday 10/30/2024
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Oil holds steady as US stockpiles shrink
10-30-2024
Information / Baghdad..
Oil prices steadied on Wednesday, helped by industry data showing a surprise drop in U.S. crude and gasoline inventories.
Brent crude futures Read more…
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Rafidain Bank studies establishing an electronic platform for trading government bonds
10-30-2024
Information/Baghdad…
Rafidain Bank confirmed, today, Wednesday, the establishment of an electronic platform for trading government bonds.
The bank stated in a statement received Read more…
Economist: Political blocs and figures behind the rise in the dollar exchange rate
10-30-2024
Information/Baghdad…
Economic expert Qasim Balshan confirmed today, Wednesday, that influential political figures and blocs are behind the rise in the dollar exchange rate.
Balshan said in an interview with Al-Maalouma Agency, “The discrepancy in the dollar exchange rates is a door to corruption, given that there are private banks Read more…
Audio leak scandal on the verge of procrastination.. Director General of Taxes tries to close investigations with $10 million
10-30-2024
Information / Special..
A responsible source confirmed today, Wednesday, that the Director General of the Tax Authority paid 10 million dollars to close the investigation file related to the audio leak.
The source said in a statement to Al-Maalouma Agency, “The accused Ali Waad Allawi tried during the past two days to contact influential parties and members Read more…
The Central Bank reveals the size of Iraq’s external debt
10-30-2024
Information/ Baghdad..
The Governor of the Central Bank, Ali Al-Alaq, revealed today, Wednesday, the size of Iraq’s external debts, while indicating that Iraq has cash reserves estimated at more than 100 billion dollars.
Al-Alaq said in a speech during the second day of Read more…
Kurdistan Democratic Party first, Patriotic Union second in the final results of the Kurdistan elections
2024-10-30 00:11
Shafaq News/ The Independent High Electoral Commission announced, on Wednesday, the final results of the Kurdistan Parliament elections in its sixth session, and said that the participation rate exceeded 72 percent.
The head of the commission, Judge Omar Ahmed Mohammed, said Read more…
Al-Sadr decides to expel his followers who carry weapons against Iraqis
2024-10-30 01:32
Shafaq News/ The leader of the Sadrist movement and the Shiite national movement, Muqtada al-Sadr, decided on Wednesday to expel any member of the Sadrist movement who carries weapons against Iraqis inside the country.
Saleh Mohammed Al-Iraqi, who is close to Al-Sadr, quoted the latter in a post Read more…
Shocking details.. American returns to life before his organs were removed
2024-10-30 02:06
Shafaq News/ The family of a man who came back to life while surgeons were preparing to remove his organs revealed tragic details that shocked American society.
In 2021, Thomas “TJ” Hoover II, now 36, was pronounced dead after an overdose landed him at Baptist Health in Read more…
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MP: Political firewall prevents questioning of Sudanese government ministers
2024-10-30 04:43
Shafaq News/ Independent MP Hamid Al-Shiblawi confirmed on Wednesday that political interference is obstructing the interrogation of ministers of Mohammed Shia Al-Sudani’s government in Parliament.
Al-Shablawi told Shafaq News Agency, “Political interference has greatly affected Read more…
Officially.. Parliament elects its Speaker tomorrow
2024-10-30 05:36
Shafaq News/ The Iraqi Parliament published the agenda for tomorrow’s session, Thursday, and allocated it to electing a new speaker of the parliament, to succeed Mohammed al-Halbousi, whose membership ended about a year ago.
Last Wednesday, October 23, six Sunni forces, led by Read more…
Iraqi Dinar Guru opinions 10-29-2024
10-29-2024 Newshound Guru Militia Man Iraq is losing billions per month
… Why aren’t they pumping oil out of the Ceyhan? I think that’s because they need to value the assets…which is oil coming out of the ground…What is going to be the components of that ‘base currency’ they talk about. What is the base currency they talk about? The Iraq dinar. If it’s going to be a base currency what’s the real effective exchange rate. And that’s those budget tables in 2024. That’s what I’m looking for…I think we’re going to see them in very short order. Read more…
Iraqi Dinar/US Dollar auction results for today 10-29-2024
Foreign exchange window results for Tuesday 10/29/2024
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Al-Sudani reviews his government’s achievements in two years: 62% of targets achieved
2024-10-29 08:46
Shafaq News/ Prime Minister Mohammed Shia al-Sudani confirmed on Tuesday that his government has completed 62% of projects in various sectors within two years. While he pointed out that achieving an increase in non -oil revenues by 6% , he pointed out that the government’s measures contributed to Read more…
Most notably taxes.. MP: Al-Sudani’s government is still lagging behind in combating corruption
10-29-2024
Information / Baghdad..
Member of the Parliamentary Finance Committee, MP Moeen Al-Kadhimi, confirmed on Tuesday that the current government headed by Prime Minister Mohammed Shia Al-Sudani has not made progress in the field of combating corruption, rationalizing Read more…
Al-Sudani’s advisor: Iraq’s loans are $8.7 billion, which is small compared to imports
2024-10-29 03:03
Shafaq News/ Mohammed Al-Daraji, the Iraqi Prime Minister’s advisor for technical affairs, stated on Tuesday that Iraq’s foreign loans exceeded 8 billion dollars, stressing the federal government’s efforts to reduce pressure on the dinar exchange rate by diversifying Read more…
Parliamentary bloc reveals political blocs’ plan to decide on Parliament Speaker
2024-10-29 05:37
Shafaq News/ The parliamentary initiative bloc revealed, on Tuesday, that there are intensive meetings of political blocs in order to decide on choosing an alternative to the Speaker of the House of Representatives, stressing that there are three axes that will be witnessed Read more…
Allawi’s leak uproar… What did the tax director say in the audio leak?
2024-10-29
While the media and social networking sites are buzzing with an audio leak attributed to the Director General of the Tax Authority, Ali Allawi, in which he talks about manipulating tax rates in favor of a company, the first generation in the government is directing an immediate investigation into the veracity Read more…
Iraqi Dinar Guru opinions 10-28-2024
10-28-2024 Newshound Guru Militia Man Article: “Bold step changes the liquidity map in Iraq” Quote: “The Central Bank of Iraq decided to reduce the interest rate and activate securities…Analysts expect an increase in reliance on the Iraqi dinar as a base currency…It’s expected the activation of a new dinar instrument will contribute to enhancing local liquidity…” A base currency is going to make you guys really excited. What is a base currency? Base currency is the first currency in a pair of currencies being traded in the Forex Exchange Market. The second currency is called the quote or counter currency …They’re talking about it’s not the US dollar that the base currency. It’s going to be the Iraqi dinar…I’m really pumped and excited…! If that doesn’t tell you these guys are gearing to go international I don’t know what does… Powerful information! Read more…
