Posts Tagged ‘Dinar’

Iraqi Dinar Guru predictions and some BS!! 8-1-2013

Iraqi Dinar Guru predictions and some BS!! 8-1-2013

8-1-2013 Intel Guru Bear5642 I know who my contacts are and have met most of them personally including 1 from inside Iraq. The environment in Iraq is NOT what most are saying, it is normal for Iraq and the People are not rioting as we speak. I for one do not trust the media…we even have a translator to view articles and documents. I cannot explain why suddenly the Iraq contacts have gone silent and anything else would be speculation. I am convinced that Iraq is positioned to revalue the IQD. The bottom line is that the CENTRAL Bank of Iraq has the final say so on the RV period… this is going to happen. NO one KNOWS WHEN. Read more…

Iraqi Dinar Guru predictions! 7-31-2013

Iraqi Dinar Guru predictions! 7-31-2013

7-31-2013 Newshound Guru Enorrste Article: “Iraqi economist Mohammad Saleh appearance of time live market breakdown and impasse of 2014 is not valid for Exchange” Quote: “The answer is, no, it’s the year parliamentary elections, and not in political stability, replacing the currency in 2014 is questionable.” This is the most direct statement that we have seen from Saleh on this matter…What he is telling us is that our currency will remain legal tender until at least 2014 and then beyond. In addition, however, he is stating that our currency will not even begin to be replaced until after the next election in March 2014. The fact that he states that the process of “removing the three zeros” must take place at the beginning of a fiscal year makes 1/1/2015 the earliest date for that process to begin. Read more…

Mohammed Saleh’s time to live a dilemma uncontrolled market and the year 2014 is not fit to replace the currency

Iraqi economist appearance of Mohammed Saleh’s time to live a dilemma uncontrolled market and the year 2014 is not fit to replace the currency

Posted  JULY 31, 2013

Economist Iraq the appearance of Mohammed Saleh decade live impasse uncontrollable market and the year 2014 is not fit to replace the currency
Interviewed by Abdul-Jabbar Khudair Abbas
returned talk these days of a new on deleting three zeros from the Iraqi currency against the backdrop of the withdrawal of Iraq from sanctions Chapter VII as to achieve Read more…

Lower central bank sales of dollar at auction Wednesday

Lower central bank sales of dollar at auction Wednesday

Wednesday, July 31, 2013 17:08

BAGHDAD / Baghdadi News / .. sales fell CBI from Atarfa auction sale and purchase of foreign currency, Wednesday, to 184 million and 883 thousand dollars, after it reached yesterday, 242 million and 786 thousand dollars, a stable exchange rate was 1166 dinars per dollar.
According to a statement moved the Information Office of the Bank received / Baghdadi News / copy of it, that “the demand for the dollar Read more…

Central criticizes global report described Iraq’s economy

Central criticizes global report described Iraq’s economy

07/31/2013 (00:01 pm)

Baghdad / Range

The Central Bank of Iraq, yesterday, the stability of the exchange rate of the Iraqi dinar against the dollar in response to a report by the International Center for Development Studies talked about the “reality flopped in the Iraqi economy,” noting that its reserves of hard currency amounted to 70 billion at the end of 2012, while noting to promote tally Gold of 29.7 tons.
A statement by the bank said that Read more…

Iraqi Dinar Guru predictions and some more BS!! 7-30-2013

Iraqi Dinar Guru predictions and some more BS!! 7-30-2013

7-30-2013 Newshound Guru Kaperoni Article: “Iraqi economist Mohammad Saleh appearance of time live market breakdown and impasse of 2014 is not valid for Exchange” This is a really good article…What I see initially, Saleh is stating they need to move forward with the currency reform. And if the excuse is “political stability” next year is an election year and they will use that as an excuse as well. He also says at the end, that the GOI is afraid to open the economy because they are afraid they will take all their capital and leave Iraq. Saleh said that is non-sense since their is such potential for success and profit in Iraq. Read more…

Finance Committee: more than 188 trillion dinars budget in 2016

Finance Committee: more than 188 trillion dinars budget in 2016

30/07/2013

BAGHDAD / JD / .. announced the Finance Committee in the House of Representatives that the 2016 budget will be more than 188 trillion dinars.
Committee member said Magda al-Tamimi told the reporter / JD / within the Committee prepared for the budgets of Iraq strategy for the years 2014, 2015 and 2016 to be identified last year’s budget up to 188 trillion and 188 billion dinars.
It showed that the total expenditure will be up to Read more…

Iraqi Dinar Guru predictions! 7-29-2013

Iraqi Dinar Guru predictions! 7-29-2013

7-29-2013 Newshound Guru Med RAMADAN IS A RELIGIOUS CELEBRATION AND IT BEING SO NOTHING IS ALLOWED TO DETRACT FROM THAT – AND IT WAS EXPLAINED THAT A REVALUE DURING RAMADAN OR A GIFT OF MONEY TO THE PEOPLE OF IRAQ WOULD CHANGE THE ACTUAL REASONS FOR RAMADAN – AND THAT IS EXACTLY WHY YOU WILL NEVER SEE AN RV DURING RAMADAN – OR IT AS A GIFT TO THE PEOPLE OF IRAQ.

7-29-2013 Newshound Guru Med THE REVALUE OR THE DELETION OF ZERO’S FROM A CURRENCY IS NOT JUST SAYING TODAY IS THE DAY IT IS A PROCESS. EVERY COUNTRY THAT GOES THROUGH THE IMF Read more…

CBI Auction sell the currency continues to embezzling millions

CBI Auction sell the currency continues to embezzling millions

Created on Monday, July 29 / July 2013 10:18

Baghdad / Orr News

Senior political source confirmed that the game of high exchange rate of the dollar is still valid, especially that it is the third largest way to embezzling millions of dollars a day and distributed to partners of politicians and leaders of parties and blocs outstanding, as well as influential in government. The source said that “the so-called” auction sale of the currency “by the central bank is only a way to manipulate the market and to keep Read more…

Iraqi Dinar Guru predictions! 7-28-2013 (updated 7-28-2013, 2:48 pm, PST)

Iraqi Dinar Guru predictions! 7-28-2013 (updated 7-28-2013, 2:48 pm, PST)

7-28-2013 Intel Guru MntGoat I wish I had some better news but the IMF contact was not optimistic in us seeing this prior to maybe next Thursday Aug 1st. He also said its not like there is even a track anymore to follow so I can’t say “its right on track” anymore. There is nothing else to do but wait for the timing unless other issues crop up. The good news is that the rates that are being pushed down to the banks are very high and it almost knocked me over when I was told. If they were successful in this last attempt I think we would have all have been very, very happy the rates were so good. Read more…

Iraqi Dinar Guru predictions! 7-28-2013

Iraqi Dinar Guru predictions! 7-28-2013

7-28-2013 Intel/Newshound Guru Poppy3 IF WE BY INTO ALL THE GLITCH THEORIES OUR BANKS SYSTEM WOULD NEVER FUNCTION. REST EASY RICH FRIENDS WE ARE ON A DIRECT COURSE AND THE GPS IS SET ON THE CORRECT DIRECTION FOR US TO ARRIVE WITHIN THE NEXT FEW DAYS. ALL REPORTS THAT HAVE BEEN REPORTED ARE POINTING AT THE BEST THREE DAYS IN THE VERY NEAR FUTURE ARE AUGUST 7, 8, 9TH OR ANYTIME BETWEEN NOW AND THEN AND WE ALL KNOW THEY NEVER MEET DEADLINES SO MY SOURCES ARE SAYING AUGUST 15 IS THE BACK WALL FOR THEM TO MAKE THEIR MOVE. POPPY3 Read more…

CBI sells $ 216 million in a meeting Sunday

CBI sells $ 216 million in a meeting Sunday

28/07/2013 17:33

A slight increase in central bank sales of foreign currency in the second week sessions

Baghdad / Mesalla: the central bank auction record for the sale of Iraqi currency, Sunday, selling 216 357 000 million, compared with $ 201 968 000 million recorded in sat, on Saturday, a stable exchange rate at Read more…

Iraqi Dinar Guru predictions! 7-26/27-2013

Iraqi Dinar Guru predictions! 7-26/27-2013

7-27-2013 Intel Guru TD As I FIRST reported of the CBI’s countdown to execution of currency reform plan and the very next day the CBI did in fact announce their intentions. I’m happy to update that everything is still status quo and the date I ALSO FIRST gave as August 8th (+ a day or so) is still on target.

7-27-2013 Intel Guru TD Now, my conversations with my GOI contact has been about the bread & butter of this case, the most important piece of the puzzle of concern to us: THE RATE! Well as I reported the other day he is unwilling to give that up. In fact today in our discussion, he stated that only about 4 people probably knew of the actual rate : CL, Maliki, TURKI & SALEH and each is not revealing it even to their mothers. Read more…

Higher sales of central bank dollar at auction Saturday

Higher sales of central bank dollar at auction Saturday

Saturday, July 27, 2013 16:20

BAGHDAD / Baghdadi News / .. sales rose Iraqi Central Bank of the dollar at an auction sale and purchase of foreign currency, on Saturday, to 201.968 million dollars, after being hit on Thursday, 151 million and 358 thousand dollars, a stable exchange rate was 1166 dinars per dollar.
According to a statement moved the Information Office of the Bank received Read more…

Bank Citibank Global: Iraq is our goal and see the biggest economic giant agonist

After the opening of his office in Baghdad .. Bank Citibank Global: Iraq is our goal and see the biggest economic giant agonist

Posted July 27, 2013

[Follow-up – where]

Description Bank Citibank Global, which opened the end of June past Moktaba him in Baghdad, “that Iraq is the biggest goal” in the banking activities in the future.

Said مايانك Malik, Director of Citibank in Jordan and Iraq, in a press statement that “we look to Iraq as the next biggest target and we see in Iraq, preparing for the advancement of giant.”

Malik added, “We consider ourselves among the top candidates Read more…

CBI in a strong position and can maintain the value of the Iraqi dinar

CBI in a strong position and can maintain the value of the Iraqi dinar

07/27/2013 12:00 AM

Head of Mission of the International Monetary Fund (morning):
BAGHDAD – Hussein ثغب Tamimi
stressed the IMF on the need to adopt the process of economic reform and broad, as Usher strengths and imbalances in the joints Economic came in a report the Fund’s Article IV of 2013 on Iraq, which is the assessment annual appreciation on the part of the International Monetary Fund (IMF) to Read more…

Iraqi Dinar Guru predictions and some BS!! 7-25-2013

Iraqi Dinar Guru predictions and some BS!! 7-25-2013

7-25-2013 Newshound/Intel Guru BGG “Where are we now”?? On the technical side of things, we reported the IMF having been “camped out” in Iraq for something like 6 weeks prior to the report last week. I reached out and confirmed the Plan A – Plan B scenario. To review – Plan A was the initial offer to the IMF that they declined. Two of the points were a rate of something like .90-1.15 and a “managed float”. It is my opinion this was refused by the IMF based on the low value and the float aspect (partially). Read more…

Iraqi Dinar Guru predictions and some BS!! 7-24-2013

Iraqi Dinar Guru predictions and some BS!! 7-24-2013

7-24-2013 Newshound Guru Enorrste Referencing IMF Documents: I’m pleased that the IMF thinks the fixed rate has been a success. Whoopee. At the same time, I hate it when they say the status quo should be maintained “for the foreseeable future.” Let’s hope they cannot see very far. On the positive side, though, they are clearly calling for Iraq to prepare to float its currency. It really can’t get much clearer than that. “to accommodate a possible real exchange rate appreciation.” It would appear that the IMF is expecting a gradual rise over time to some level, after which they will do an actual RV to a “real exchange rate.” How cool would that be? Read more…

CBI registers to sell more than $ 210 million in session Wednesday

CBI registers to sell more than $ 210 million in session Wednesday

24/07/2013 14:48

A slight reduction in central bank sales of foreign currency in the fifth week sessions

Baghdad / Mesalla: the central bank auction record for the sale of Iraqi currency, Wednesday, declined slightly to 210 129 000 million, compared with $ 278 814 000 million recorded in the session on Monday, a stable exchange rate at 1166 dinars per dollar.

The bulletin of the auction that the Bank of aggregate demand on the dollar Read more…

IMF: 9 percent growth rate of the Iraqi economy this year

IMF: 9 percent growth rate of the Iraqi economy this year

07/24/2013 12:00 AM

In an annual report issued after meetings with specialists
BAGHDAD – Hussein ثغب Tamimi
International Monetary Fund forecast that achieves Iraq during the current year economic growth of 9 percent after a rise in the volume of oil exports. came these expectations in a report issued by the fund recently included positive signals in more than Read more…