The financial advisor clarifies about depositing Iraq’s funds in the US Federal Reserve
2023-01-02
On Sunday, the financial advisor to the Prime Minister, Mazhar Muhammad Salih, clarified regarding depositing the revenues obtained for Iraq from the sale of oil.
Salih said, in an explanation, “(externally) and according to Security Council Resolution 1483 in May 2003, the revenues of the Ministry of Finance from crude oil, gas, exported derivatives, and other funds are deposited in the Federal Reserve Read more…
Iraqi Dinar Guru opinions 1-1-2023
1-1-2023 Intel Guru MarkZ [via PDK] More news in Iraq that they are stabilizing. “Central Bank continues measures to control the dollar exchange rate” I find it interesting they are issuing a dollar card worth $10,000 dollars …in other words they are not going to charge any spread if you turn in your dinar for a prepaid debit card. Why is this important? It will allow them to take advantage of this manipulated exchange crisis and get more dinar off the street over the next day or two…I think this is their last “hail Mary” to restrict the supply of dinar…just my thoughts. Read more…
Expert: America is moving towards domination of the Iraqi economy
1-1-2023
Information / Baghdad…
The economic affairs specialist, Muhammad Attia Al-Saadi, counted, on Sunday, the imbalance in the exchange rate of the dollar to American decisions trying to control the Iraqi economy.
Al-Saadi said in a statement to Al-Maalouma, that “talking about temporary measures in the new platform for Read more…
Al-Ziyadi: The government is able to impose a price for the exchange of the dollar and end the rise
1-1-2023
Information / Baghdad…
A member of the Parliamentary Economy and Investment Committee, Representative Muhammad Al-Ziyadi, confirmed that there is a possibility for the government to impose a specific price for the exchange rate of the dollar and oblige everyone to work according to it to ensure the end of the huge rise in the markets.
Al-Ziyadi told Al-Maalouma, “Iraq is still not linked to global markets and is not Read more…
Sheikh Hammam Hamoudi: The dollar crisis is our chance to end financial tutelage
2023-01-01
The head of the Islamic Supreme Council of Iraq, Sheikh Hammam Hammoudi, confirmed today, Sunday, that the dollar crisis is an opportunity for Iraq to liberate itself from financial tutelage.
Sheikh Hamoudi said in a statement, “The dollar crisis is an opportunity for Iraq to liberate from financial tutelage, calling for Read more…
A leader in the framework: 2023 will hold surprises for Mustafa Al-Kazemi
2023-01-01
The leader in the coordination framework, Jabbar Odeh, confirmed on Sunday that the former prime minister will be brought to justice in 2023.
In an interview with Al-Maalouma, Odeh said, “The former Prime Minister, Mustafa Al-Kazemi, represented the worst period of rule in Iraq Read more…
Al-Fath: 3 important projects await the government in the new year
2023-01-01
On Sunday, the Al-Fatah Alliance identified the most prominent tasks facing the government for the new year during the current year 2023, indicating that the approval of the budget precedes these tasks because the approval of the law is linked Read more…
Iraqi Dinar Guru opinions 12-31-2022
12-31-2022 Newshound/Intel Guru Mnt Goat Article: “WHAT IS MEANT BY CURRENCY FLOAT? WHAT ARE ITS ADVANTAGES AND DISADVANTAGES?” This article is a VERY GOOD lesson in what it means to FLOAT a currency. …they can’t float the dinar in the program rate with the currency auctions and must reinstate it to the global markets. Mainly it’s because hint hint…to float you need access to the markets and traders. This will be when we go the bank to exchange…floating the IQD on FOREX can solve much of the issues with the dinar monetary policy in Iraq. This once again proves the move to FOREX should have happened a decade ago when Dr Shabibi, then the CBI director, lined up the dinar to go to FOREX in January 2013…I ask, why now publish such an article? Read more…
The Governor of the Central Bank of Iraq is conducting a field visit to a number of banks
December 31, 2022
Today, Saturday, His Excellency the Governor of the Central Bank of Iraq, Mr. Mustafa Ghaleb Makhaif, conducted a field visit to a number of banks that started selling foreign currency. His Excellency urged, during his meeting with bank departments, to facilitate the procedures for Read more…
Al-Kalabi: The supremacy of the dinar prevents any future speculation in the dollar
12-31-2022
Information/Baghdad..
A member of the Parliamentary Integrity Committee, Youssef Al-Kalabi, demanded, on Saturday, the government to implement an integrated economic program to ensure the supremacy of the Iraqi dinar in the market and prevent trading in the dollar, indicating that the supremacy of the dinar suppresses any future Read more…
Al-Sudani’s government aims to raise non-oil revenues by 300%..Does the 2023 budget include a “huge tax package”?
2022-12-31
Yes Iraq: Baghdad
It seems that the budget for the next year 2023 aims largely to collect non-oil revenues by unknown means yet, in what appears to be compensation for expenses and salaries that will be spent on new Read more…
Al-Rasheed allocates 4 branches to issue the Master Card for buying dollars
2022-12-31
Rasheed Bank announced today, Saturday, the allocation of 4 branches to issue a Master Card for buying dollars.
And the bank’s media stated in a statement received by Alsumaria News, that the bank “allocated branches (President / Raghba Khatoun / Yarmouk) in Baghdad to issue Read more…
Central Bank Governor: The rise in the exchange rate is a temporary situation, and we succeeded in overcoming it
12-31-2022
Information / Baghdad..
The Governor of the Central Bank, Mustafa Ghaleb Makhaif, considered, on Saturday, that the rise in the exchange rate was a temporary situation, stressing that the bank had succeeded in dealing with it.
“The banks’ outlets for selling foreign currency will be doubled to meet the needs Read more…
Parliamentarian regarding the delay in the budget.. There are no disagreements about its paragraphs
12-31-2022
Information / special.
Representative of the State of Law Coalition, Bahaa El-Din Al-Nouri, affirmed, on Saturday, that there are no differences over the paragraphs of the general budget law, adding that the government will set the price of a barrel of oil as low as possible Read more…
More than two billion dollars in auction sales of the Central Bank of Iraq within a month
2022-12-31 03:02
Shafaq News/ The Central Bank of Iraq’s sales from the hard currency auction during the current month of December amounted to more than two billion dollars.
Shafaq News agency reporter stated that the Central Bank sold during the current month of December, in the days when it opened its auction for Read more…
The coordination movement calls for Al-Kazemi to be prosecuted for participating in the assassination of Al-Nasr leaders
2022-12-31
On Saturday, the coordination popular movement called on the government and parliament to pursue former Prime Minister Mustafa Al-Kazemi for participating in the assassination of Al-Nasr leaders.
The movement’s spokesman, Muhammad al-Sahaf, said in an interview with Al-Maalouma, “The former Prime Minister, Mustafa Al-Kazemi, is involved Read more…
Iraqi Dinar Guru opinions 12-30-2022
12-30-2022 Intel Guru Frank26 Article: “Urgent.. Governor of the Central Bank of Sudan: The foreign currency crisis is urgent for technical reasons” THE MIDDLE EASTERN CURRENCIES THAT WILL BE IN A BASKET SOON ARE DEPENDING HEAVILY ON THE IQD TO GAIN POWER TO LEAD THEM. Read more…
Member of Al-Fateh: Washington’s ambassador has exceeded her position and interferes with every small and large matter in the government
12-30-2022
Information / special.
A member of the Al-Fateh Alliance, Mahdi Al-Shablawi, stressed, on Friday, the need for the government to move to oblige the Washington ambassador in Baghdad not to interfere in the country’s internal affairs, pointing out that the ambassador has exceeded her position and interferes with every Read more…
Al-Jubouri: The government has a set of options to rectify US policy and control the dollar
12-30-2022
Information / special.
The head of the Al-Rafd Center for Strategic Studies, Abbas Al-Jubouri, confirmed on Friday that the government has many options that can reduce the exchange rate of the dollar and rectify US policies seeking to reduce the value of the dinar.
Al-Jubouri told Al-Maalouma, that “America has practiced policies Read more…
Al-Amiri: The dollar’s rise is part of a scheme to control the Iraqi economy
2022-12-30 04:38
Shafaq News/ The head of Al-Fateh Alliance, Hadi Al-Amiri described, on Friday, the rise in the exchange rate of the dollar against the dinar as a plan to control the economy in Iraq
This came during a speech Read more…
