Iraq’s account at the US Federal Reserve Bank..the full story
2-12-2023
Muhammad Al-Badr
What is the most important decision that the Iraqi state can take after 2003?
This decision is to go to open accounts to receive the money from the sale of oil and to be distributed over several countries, and not to keep the only account with the US Federal Reserve.
This decision will be similar to the decision to nationalize oil in importance and need.
Those who say that Iraq cannot do that are lying to us. This saying is a justification for Read more…
It continued for many hours.. The Iraqi Central Bank reveals the details of its meeting with the Federal Reserve and the US Treasury
2023-02-12 08:31
Shafaq News/ The Central Bank of Iraq revealed, on Saturday, the details of its meeting with the US Federal Reserve Bank and the US Treasury Department, which it said lasted for many hours.
In a statement received by Shafaq News agency, the bank stated, “The Central Bank of Iraq delegation met for long hours with both the US Federal Reserve Bank and Read more…
Deputy: Approval of the budget will take place before Ramadan
2023-02-12
A member of the Parliamentary Legal Committee, Ahmed Al-Fawaz, saw that the approval of the General Budget Law 2023 will take place before the month of Ramadan, indicating that five sessions will be held per week in order to Read more…
Iraqi Dinar Guru opinions 2-11-2023
2-11-2023 Newshound Guru Militia Man It really looks like things we’re seeing are unfolding quickly and intense…fast and furious. Meetings in Istanbul…those were successful. Done. Then they were going to come into New York and to Washington DC…from about the 7th up until the 10th they all showed up…that’s really powerful that the delegation wasn’t only the second string it was the first string. Everybody was there. They were talking about exchange rate issues. Read more…
The Central Bank of Iraq meets the US Federal Reserve Bank and the US Treasury at the same time
February 11, 2023
The Central Bank of Iraq meets the US Federal Reserve Bank and the US Treasury at the same time
On Friday, corresponding to 10/2/2023, the Central Bank of Iraq delegation met for long hours with both the US Federal Reserve Bank delegation and the US Treasury Department in Read more…
Al-Maliki’s coalition: Al-Sudani will visit Washington soon.. Hussein’s statements are not reliable
2-11-2023
Information / special.
Today, Saturday, the leader of the State of Law Coalition, Kazem Al-Haidari, revealed the upcoming visit of Prime Minister Muhammad Shia Al-Sudani to Washington, while stressing that the results of the Iraqi delegation’s negotiations with the Federal Bank will appear after Read more…
Parliament confirms the existence of political will to pass the oil law before the elections
2-11-2023
Information / Baghdad..
Alaa Al-Haidari, a member of the Parliamentary Oil and Gas Committee, confirmed, on Saturday, that his committee is in the process of making amendments to the oil and gas law, the most prominent controversial legislation, as well as the law of the Read more…
Stay tuned for an announcement of government measures to reduce the price of the dollar through banks
2-11-2023
Information / Baghdad..
The leader of the Al-Fatah Alliance, Ali Hussein Al-Fatlawi, affirmed, on Saturday, the government’s intention to open new outlets for the exchange of dollars through government banks and to grant licenses to private exchange companies next week, indicating that the government’s decision to close the offices of speculators Read more…
Report: Washington is pressing Iraq to replace Russian helicopters with American ones
2-11-2023
Information/translation…
A report by the American website “Warzone”, which specializes in military affairs, revealed that there is pressure exerted by the United States on the Iraqi army to get rid of the Russian Mi-17 helicopters, with allegations of a lack of Read more…
The central bank agrees with an American bank to facilitate payments from the Iraqi banking system to China
2023-02-11 23:50
Shafaq News/ The Central Bank of Iraq announced, on Saturday, an agreement with the US “JP Morgan” bank to facilitate payments from the Iraqi banking system to China to finance imports.
JPMorgan Chase is Read more…
Expert: The agreement with international banks will reduce currency smuggling from Iraq and improve the price of the dinar
2023-02-11 02:10
Shafaq News/ The economic and financial expert, Hilal Al-Taan confirmed, on Saturday, that the agreement with international banks will reduce the smuggling of hard currency outside the country, and improve the performance of the exchange rate of the dinar Read more…
Al-Sudani: Whoever bets on going backwards, practicing smuggling and violating laws, is a losing bet
2023-02-11 04:14
Shafaq News/ The Prime Minister, Muhammad Shia’ al-Sudani, described, on Saturday, the attempt to obstruct the economy and return to smuggling and violating the laws, as a “losing bet”, stressing that the government will firmly Read more…
There are no signs of the Iraqi delegation achieving any breakthrough in Washington regarding the dollar crisis
2-11-2023
Iraqi political circles say that the indications received from Washington on the second day of a high-ranking Iraqi delegation’s visit to reach new understandings regarding the conditions of the US Federal Bank regarding financial transfers in dollars do not bode well.
The circles point out that the press conference that took place Read more…
The intelligence agency sends a message to citizens regarding the exchange of dollars
2023-02-11
Friday, the Federal Intelligence and Investigation Agency sent a message to citizens regarding the implementation of the Central Bank of Iraq’s procedures to maintain the stability of the dollar exchange rate against the Iraqi dinar.
In a message addressed to citizens, the agency said, “Be up to the responsibility Read more…
Iraqi Dinar Guru opinions 2-10-2023
2-10-2023 Newshound/Intel Guru Mnt Goat Article: “IRAQ MOVES INTERNATIONALLY FROM THE “GRAY” TO THE “WHITE” AREA” Quote: “Iraq has come a long way in combating the financing of terrorism and money laundering.” …Iraq was removed from the “most dangerous countries” area and moved from the gray area to white…this is fantastic news… So, now that they just told us the level of corruption is acceptable…and that they are in compliance with all international standards in this regard, when will they reinstate the dinar? …I am telling you get ready…it is not long before IQD is back on FOREX and trading…then we go to the bank. Read more…
The Iraqi delegation in Washington: Government measures aim to reform the banking system by combating corruption and money laundering
10-02-2023 09:45 AM
The Iraqi delegation, headed by Foreign Minister Fouad Hussein, who is currently in the US capital, Washington, confirmed today, Friday, that the government’s measures aim to reform the banking system.
Foreign Ministry spokesman Ahmed Al-Sahhaf said in a statement, “Deputy Prime Minister and Foreign Minister Fuad Hussein and his accompanying delegation met Read more…
Warnings of an American card used by Washington against Baghdad
2-10-2023
Information / Baghdad..
America, which feeds its terrorist groups in the Syrian east of the Euphrates and in Gweran prison, which is controlled by the opposition in that region, is intended to achieve known goals that are summed up in political interventions and the use of terrorist elements to threaten the security of Iraq in the event that its interests Read more…
Its volume exceeded 200 trillion dinars.. New details about the budget and the exchange rate delay approval
2023-02-10 00:58
Shafaq News / Member of the Parliamentary Finance Committee, Representative Nermin Maarouf, announced, on Friday, the size of the 2023 budget, noting that it exceeds 200 trillion dinars, while pointing out that the fluctuation of dollar prices and the failure to fix its price in the budget Read more…
Blinken: We support the Iraqi economy and we want it to have independent energy.. And Hussein replies: We need your support in various fields
2023-02-10 11:03
Shafaq News / US Secretary of State Anthony Blinken announced, on Thursday, support for Iraq’s economy, and while stressing the need for Baghdad to have an independent energy, Foreign Minister Fuad Hussein stressed the country’s need for Washington’s support in various fields.
Blinken said, during a joint press conference with Hussein, which was followed by Read more…
Iraqi Dinar Guru opinions 2-9-2023
2-9-2023 Newshound/Intel Guru Walkingstick [via Frank26] The exchange rate of the Iraqi dinar is not done yet. It has a mission to leave the borders of Iraq. 1750 in the streets, to around 1500 to 1460 with the BI and then to yesterday 1300 to 1 as the official rate. This is what we taught you, the gradual change in the exchange rate…suffice it to say the exchange rate of the Iraqi dinar is going in the right direction and they’re not done yet… Read more…