Posts Tagged ‘Dinar’

Financial expert: new central bank measures will support the exchange rate of the Iraqi dinar

Financial expert: new central bank measures will support the exchange rate of the Iraqi dinar money transfer control clause in banks

31-05-2013 03:39 PM

Baghdad (news) .. He favored a financial expert Mohsen Ali, the stability of the exchange rate of the Iraqi dinar against the dollar after the application of the new measures by the central bank, provided that accompanied operations oversight of banks and banking companies. said Ali (of the Agency news): The low exchange rate of the Iraqi dinar during the last period due to weak oversight by the central bank on the work of banks and banking companies in terms of financial transfer, as well as procedures for sale of hard currency, which missed Read more…

Iraqi Dinar Guru predictions/guesses! 5-30-2013

Iraqi Dinar Guru predictions/guesses! 5-30-2013

5-30-2013 Newshound Guru Enorrste Article: “Central Bank: decision of the recruitment Chairmen in the banking sector without complaint would lead to an economic” It appears that Turki has been at the CBI long enough now to realize that Shabibi had never done anything wrong. He is taking a risk in saying this, especially a risk with Maliki, who put him in this position because he wanted Shabibi out. Furthermore, Turki is slapping the Supreme Court in the face with his statement that they overreached in an effort to find fault at the CBI when there were no wrongdoings at all, in Turki’s opinion. Kudos to Turki! Read more…

A significant increase in the central sales of the dollar during today’s session

A significant increase in the central sales of the dollar during today’s session

Thursday, May 30, 2013 17:15

Baghdad / Baghdadi news / .. scored auction sale currency at the Central Bank of Iraq, on Thursday, a remarkable increase in the value of sales exceeded / / 268 million.
The Iraqi Central Bank Governor Abdul Basit Turki said in a statement taken by his press office and received / Baghdadi News / copy of it, that “the sales value of the currency auction at the Central Bank reached during today’s session / / 268 million and / 853 / thousand dollars, with the participation of / 27 / banks , “noting that” Read more…

Iraqi Dinar Guru predictions/guesses! 5-29-2013

Iraqi Dinar Guru predictions/guesses! 5-29-2013

5-29-2013 Newshound Guru SWFloridaGuy I will lay out the actual process that a revaluation must go through before it can go live to try to help clear up some confusion. Looking for the IQD on a paid Forex account (or an imposter account such as Netdania, Yahoo Finance etc., is a futile exercise. The IQD is not traded on Forex and will not show up there first. This will not show up suddenly and start trading on Forex, that much I can promise you from speaking about this at great length with professionals who know far more about this then myself. When a country/Reserve bank changes the value of a currency there are certain procedures that will take place long before it starts trading on Forex. Read more…

Problematic dollar

Problematic dollar

29/05/2013 12:00 AM

Yasser incumbent
a lot of talk about the dollar, along with the numerous problems, and the importance of the dollar if the Iraqi dinar was healthy and strong as is the case in the currencies most oil-producing countries, but how can we get the Iraqi dinar to a level which imposes تسيده currencies this Masenbgesh in Amodna this.
was monetary policy in مامضى years have adopted mechanisms disciplined contributed to reduce the exchange rate gradually until it reached a price record and by 1,200 dinars to the dollar after hitting Read more…

Iraqi Dinar Guru predictions/guesses! 5-28-2013

Iraqi Dinar Guru predictions/guesses! 5-28-2013

5-28-2013 Newshound Guru Doc We have received numerous questions concerning the article that talks about the CBI taking steps to raise the value of the dinar in June. Many of the internet sites are screaming that this is the announcement of the RV. Unfortunately this interpretation is totally incorrect for several reasons. The most obvious reason is there is no way the CBI will ever pre announce any RV. It would be cheaper for them to simply start giving away millions of dollars. Think about this seriously. If an RV was announced ahead of time the run on dinar would be staggering and the liability to Iraq economically unsustainable. Read more…

Auction sale of currency devaluation continues sales

Auction sale of currency devaluation continues sales

Tuesday, May 28, 2013 17:47

Baghdad / Baghdadi news / .. continued auction of the Iraqi Central Bank, on Tuesday, reduced sales value of the dollar.
He said the province of the Central Bank of Abdul Basit Turki said in a statement taken by his press office and received / Baghdadi News / copy of it, that “the sales value of the currency auction at today’s meeting amounted to / 152 / million / 404 / thousand dollars,” explaining that “the number of Read more…

Call for legislation law to protect citizens’ deposits in private banks

Call for legislation law to protect citizens’ deposits in private banks

28/05/2013 (00:01 pm)

 Baghdad / Adel Saffar

Experts say bankers that the legislation of a special law to protect the deposits of citizens in local banks pay a lot of owners of capital locals and foreigners to deposit their money in private banks, increasing the proportion of financial liquidity that will be invested projects supporting the national economy.
welcomed the economic expert Majid picture idea legislation law to protect people’s money in the banks, noting that it is in the public interest.
said Suri in his speech to the extent that “the private banks do not pose any Read more…

Plan to raise the exchange rate of the Iraqi dinar from next June

Plan to raise the exchange rate of the Iraqi dinar from next June

May 27 / May 2013 09:33 | : Ambassador Agency News

{Baghdad Ambassador: News}

CBI begins early next month, the application of a new plan to raise the value of the Iraqi dinar against the dollar, according to the posted member of the parliamentary Finance Committee Faleh Djiashi. The newspaper quoted “morning,” Djiashi of saying that “the central bank told the parliamentary Finance Committee that an action plan will apply early next June, would be enough to raise the exchange rate Read more…

Iraqi Dinar Guru predictions/guesses! 5-27-2013

Iraqi Dinar Guru predictions/guesses! 5-27-2013

5-27-2013 Newshound/Intel Guru BGG Article: “Central Bank implemented a plan in next June to raise exchange rate of Iraqi dinar” There will be all kinds of conclusions drawn over this article. Personally, I think it is good news. Though it could mean a lot of things – ultimately, they are desperate to act…and just raising the exchange rate by a few “pips” won’t change the market confidence in the Dinar – therein lies the real problem. Read more…

Iraqi Dinar Guru predictions/guesses! 5-26-2013

Iraqi Dinar Guru predictions/guesses! 5-26-2013

5-25-2013 Intel Guru TD Article: “Central Bank implemented a Plan in next June to raise the exchange rate of the Iraq
i Dinar” First of all, I just reported to you guys couple days ago about June 1st of this to occur. I was surprised as you all to see this article come out today from Iraq. And quite frankly a bit alarmed! So I had my Kurdish friend try to reach our GOI contact to see WHY this was posted. First of all the language “next June” DOES refer to THIS June. He just replied back and says that as far as he knows plans are still ON !! He did say that his pay grade is such that he is part of the architect of this plan but NOT the button pusher. Read more…

Lower central bank sales of the dollar at an auction Sunday

Lower central bank sales of the dollar at an auction Sunday

Sunday, May 26, 2013 16:25

BAGHDAD / Baghdadi News / .. saw sales of the Iraqi Central Bank of the dollar, Sunday, declined at an auction sale and purchase of foreign currency to 263 million and 91 thousand dollars, after it reached yesterday, 287 million and 868 thousand dollars, a stable exchange rate was 1166 dinars per dollar .
Said Abdul Basit Turki said in a statement transferred press office and received / Baghdadi News / copy of “demand for the dollar distributed by 72 million and 425 thousand dollars, while the value Read more…

Experts register “explicit legal irregularities” in the book issued by the Court of Appeal on the Central Bank

Experts register “explicit legal irregularities” in the book issued by the Court of Appeal on the Central Bank

26/05/2013 (00:01 pm)

Baghdad / Range

Criticized the experts in the law, the Court of Appeal Rusafa and its president إصدارهما verdict in the case of the central bank while the investigation was still underway, and considered that the President of the Court committed “irregularities frank” and declared “bias full along with the complainant,” and the “inauguration of the same opponent and a lawyer and a judge” in this issue.
The comment came after legal experts questioned the “long” mentioned in the book directed by the President of the Court of Appeal Baghdad / Resafa to the Governor of the Central Bank of the 968 number in 03/13/2013 and got the “long” version of it.
Experts said the “President of the Court of Appeal BAGHDAD / Rusafa prejudge the case is still pending before the investigating judges and declares bias full along with the complainant (President of the House of Representatives and his deputy, I) against the management of the Central Bank of the former and the inauguration of the same opponent and a lawyer and a judge ..!!” .
and added that Read more…

A plan to raise the exchange rate of the Iraqi dinar

A plan to raise the exchange rate of the Iraqi dinar

26/05/2013 12:00 AM

BAGHDAD – The morning
starts with the Iraqi Central Bank early next month the application of a new plan to raise the value of the Iraqi dinar against the dollar. announced that a member of the Finance Committee parliamentary Faleh Djiashi’s (Center Brief for the Iraqi Media Network), noting that “the central bank told the Finance Committee representative that a plan of action will begin to apply early next June, will be capable of lifting the Iraqi dinar exchange rate against the dollar. “and added that” the central bank works to Read more…

Iraqi Dinar Guru predictions/guesses! 5-25-2013

Iraqi Dinar Guru predictions/guesses! 5-25-2013

5-25-2013 Newshound Guru Doc We emphatically tell all that tiered payouts are fantasy. Banks do have the right to set their own spreads and may charge less for more dinar exchanged but thats it. There is no secret government sponsored tier system. No one has officially been prepaid. Keep in mind collectively we represent close to $1 billion in holdings. We are working with every major financial institution on getting the best deal when time comes. None of these have signaled the time has come. When the RV is official as triggered by the CBI all will see it simultaneously throughout the world’s financial systems. We report, you decide. Read more…

Central bank: a plan to raise the exchange rate of the Iraqi dinar

Central bank: a plan to raise the exchange rate of the Iraqi dinar

Created on Saturday, 25 May 2013 11:59 | |

Baghdad / Orr News

A member of the parliamentary Finance Committee that the central bank told us that he will implement a new plan to raise the value of the Iraqi dinar exchange either the U.S. dollar.

A member of the Committee Faleh Djiashi, that “the central bank told the parliamentary Finance Committee that an action plan will begin to apply early next June, would be enough to raise the exchange rate of the Iraqi dinar against the Read more…

New controls for the central bank to sell the dollar and speculators behind the rise in the dollar

Finance parliamentary: new controls for the central bank to sell the dollar and buy speculators behind the rise in the dollar exchange rate

Saturday, May 25 / May 2013 15:36 | | |

{Baghdad: Euphrates News} stressed member of the Finance Committee parliamentary Abdul Hussein al-Yasiri the need to keep the central bank on the exchange rate of the Iraqi dinar against the dollar and puts controls and treatments for benign currency, noting that the purchase of speculators to the dollar by ordinary people was behind the rise in the dollar exchange rate.

Yasiri said in a statement to Agence {Euphrates News} on Saturday that “the reasons for the high price of the dollar against the Iraqi dinar is that the central bank was selling dollars to anyone who Read more…

The central auction sales rise in the Saturday session to go beyond the “287” million

The central auction sales rise in the Saturday session to go beyond the “287” million

Saturday, May 25, 2013 17:27

Baghdad / Baghdadi news / .. Currency auction record at the Central Bank of Iraq, on Saturday, a remarkable increase in the value of sales exceeded the “287” million.
The governor of the central bank and agency Abdul Basit Turki said in a statement taken by his press office and received / Baghdadi News / copy of it, that “the value of sales of session auction of the currency in the Iraqi Central Bank amounted to today’s” 287 “million” 868 “thousand dollars,” explaining that ” the number of participating banks in Almzda reached 23 banks. ”
He added that “the value of the quantity sold in cash from the dollar amounted to” 3 “millions and” 850 “thousand dollars, while the value of the quantity sold Khawwalat” 284 “million” 18 “thousand dollars,” noting that “the price of cash sales to the dollar reached” 1179 “dinars, including the commission and the Bank amounting to” 13 “dinars per dollar.” End / 21

albaghdadianews.com

Higher sales of central bank dollar

Higher sales of central bank dollar

05/25/2013 (00:01 pm)

Baghdad / Range

Increased central bank sales of the dollar in the auction sale and purchase of foreign currency yesterday to 282 million and 701 thousand dollars, after it reached yesterday, 252 million and 266 thousand dollars, a stable exchange rate was 1166 dinars per dollar.
The central bank governor said Abdul Basit Turki in a press statement that “the demand for the dollar Read more…

Iraqi Dinar Guru predictions and some BS! 5-24-2013

Iraqi Dinar Guru predictions and some BS! 5-24-2013

5-24-2013 Newshound Guru Doc We emphatically tell all that tiered payouts are fantasy. Banks do have the right to set their own spreads and may charge less for more dinar exchanged but thats it. There is no secret government sponsored tier system. No one has officially been prepaid. Keep in mind collectively we represent close to $1 billion in holdings. We are working with every major financial institution on getting the best deal when time comes. None of these have signaled the time has come. When the RV is official as triggered by the CBI all will see it simultaneously throughout the world’s financial systems. We report, you decide. Read more…