Posts Tagged ‘Dinar’

Iraqi Dinar Guru predictions/guesses! 6-10-2013

Iraqi Dinar Guru predictions/guesses! 6-10-2013

6-10-2013 Intel Guru TD According to my GOI contact: The meetings going on with Iraqi leaders is to INSURE everyone (especially the IMF) that there is no back peddling on ALREADY AGREED deals. It’s really for show! My source tells me that “pulling out on agreed deals ” is the norm in Iraq. Read more…

Iraqi Dinar Guru predictions/guesses! 6-9-2013

Iraqi Dinar Guru predictions/guesses! 6-9-2013

6-9-2013 Intel Guru OCrush Barzani and Maliki have met successfully This is what we were waiting for. If this had a hiccup all that was accomplished would have gone to xxxx! It’s a pivotal day and we are very excited! Next we should see the Kuwaiti PM visiting Baghdad. Also the parliamentary sessions start on the 16th or 18th and they will have there legislations in place to vote on (with the big boys blessings). It’s pretty straight forward now and today was a BIG DAY with a great accomplishment. Read more…

Finance parliamentary proposes the establishment of an insurance company to protect bank deposits

Finance parliamentary proposes the establishment of an insurance company to protect bank deposits

09-06-2013 10:28 AM

Baghdad (news) .. suggested the Finance Committee parliamentary elections, the establishment of an insurance company kept deposits in the public and private banks in order to reassure citizens wishing to bid farewell to their money in banks. said a member of the Finance Committee Haitham Jubouri (of the Agency news): You must create a modern and sophisticated uses to ensure bank deposits therefore proposed the Finance Committee to establish a private company contribution of capital significantly. explained: that the function of Read more…

Iraqi Dinar Guru predictions/guesses! 6-8-2013

Iraqi Dinar Guru predictions/guesses! 6-8-2013

6-8-2013 Newshound/Intel Guru BGG Report: “World Bank Iraq Trust Fund Banking Sector Reform Project” note…it outlines June 2013 as the END of this program. Meaning the Banking Sector reform Project is projected to be COMPLETE this month. I’m not so certain they don’t do the currency this month just because of that. That’s the end of the program. They have to come up with something to make the currency work.

6-8-2013 Newshound/Intel Guru BGG There is a lot of pressure being applied in different places to get this done. If I line all the political stuff up with what is going on financially it all makes sense. What I’m hearing from a couple of very well placed sources is there is no guarantee they will actually get this done but there is a real sense of urgency on the part of the GOI. A couple of well placed sources all are saying the same thing that up to the 25th is a very interesting window. Let’s just see how it plays out, but I’m excited about it. Read more…

Iraqi Dinar Guru predictions/guesses! 6-7-2013

Iraqi Dinar Guru predictions/guesses! 6-7-2013

6-7-2013 Newshound Guru American Contractor Article: “Secret Procedures for recovery of the dinar against the dollar” The Iraq Central bank has imposed new rules on the Iraq Banking sector in regards to hard currency and the Iraq dinar. Each Iraqi citizen is limited to how much Iraq dinar they can exchange for hard currency. The limit per person is $5000 USD. They have to show their Iraqi passport & then they can make their transaction. But, most Iraqi’s don’t have a passport. The Central Bank is now encouraging the black market to prosper. Now see why in the upcoming weeks the sale of the US dollars will go down, but this will only be temporary. This will not be good long term for Iraq. Read more…

The decline of the banking sector caused by those who prepare themselves supervisory

Parliamentary economy: the decline of the banking sector caused by those who prepare themselves supervisory

12:09 06/07/2013

Follow-up – and babysit – attributed the parliamentary economic committee member Kanna reasons behind the decline of the banking sector to those who prepare themselves both from within the regulatory House of Representatives اوغيره and political conflicts between the two parties.
The central bank has promised to take measures to raise and stabilize the price of the Iraqi dinar as it was in the past, but the impairment and the exchange rate of the Iraqi dinar continues.

And we said, “The rampant Read more…

Sale of hard currency through the passport does not support the exchange rate of the Iraqi dinar

Nahida Daini: sale of hard currency through the passport does not support the exchange rate of the dinar and humiliate citizens

07-06-2013 01:04 PM

Baghdad (news) .. She attributed a member of the Committee on the economy and investment MP / coalition in Iraq / Nahida Daini, the reasons for fluctuating exchange rate of the Iraqi dinar against the U.S. dollar during the last period to political differences and the deterioration of the security situation in the country, noting that the sale of hard currency through the passport does not endorse the value of the dinar. said Daini (of the Agency news): The decline that happened in the Iraqi dinar Read more…

Iraqi Dinar Guru predictions/guesses! 6-6-2013

Iraqi Dinar Guru predictions/guesses! 6-6-2013

6-6-2013 Newshound Guru Med [iraq/kuwait news reported that iraq will move from CH VII to CH VI, but the UN Press Conference says they will move from CH VIII to CH VI…so what’s your opinion did the UN make a typo error?] THE U.S. IS NOW TALKING ABOUT SENDING AN ENTIRE DIVISION TO IRAQ AGAIN AND LEAVING THEM THERE. WE HAVE NAJAFI TALKING TO THE UN AND TELLING THEM THAT THEY ARE ON THE VERGE OF A VERY BLOODY CIVIL CONFLICT. NOW KNOWING THAT, CAN YOU SEE THE UNS UNSC RELEASING THEM AND SAYING THEY ARE NOT A THREAT TO PEACE IN THE ME. Read more…

Iraqi Dinar Guru predictions/guesses! 6-5-2013

Iraqi Dinar Guru predictions/guesses! 6-5-2013

6-5-2013 Newshound Guru Kaperoni Article: “Some Iraq-Kuwait issues to move next month from Chapter VII to VI – UNSC Pres.” What they are talking about is that some of the issues will go to Chapter 6 for future maintenance (bodies and artifacts). But they stated in another article, they are going to honor Kuwaits wishes…which is to remove them. But it comes down to the 11 billion. So we see if Iraq pays up or not. Read more…

Because of the instructions of the Central Bank .. Iraqi passports for rent!

Because of the instructions of the Central Bank .. Iraqi passports for rent!

Created on Wednesday, 05 June / June 2013 09:25 | |

Baghdad / Orr News

Said banking sources and citizens about the arrival of rental price passport Iraqi one to 25 thousand Iraqi dinars, after he launched the CBI instructed to a number of government and private banks to sell the U.S. dollar for the citizens directly as the right of the citizen and, according to bank instructions to buy $ 5,000 to bring him his passport stamped by the bank and arrested the amount in dollars compared to 119.000 thousand Iraqi dinars per $ 100.

The equation is simple citizen buys $ 5,000 from the bank Iraqi allowance of $ 5,950,000 five million, nine hundred and fifty thousand dinars and sell it outside the bank 6,450,000 six million, four hundred and fifty thousand, a net profit of $ Read more…

Iraqi Dinar Guru predictions/guesses! 6-4-2013

Iraqi Dinar Guru predictions/guesses! 6-4-2013

6-4-2013 Newshound Kaperoni The whole buy oil for $32 or $36 a barrel is a myth. I have yet to see a document that states such. That is not going to happen and they won’t use dinar either. For one thing, Iraq’s 2013 -$118 billion (138 trillion dinar) budget was based on $90 a barrel and they are hoping for higher prices to make it work. IMO, The plan will have dinar held as a reserve currency throughout the world in central banks. Eventually, over a period of time (as Saleh stated “a long time”), some of that may get re-invested back into Iraq, in construction, tourism (hotels), agriculture, manufacturing, etc. Read more…

Vice: in the government and the Central Bank are working on price not the stability of the Iraqi dinar exchange

Vice: in the government and the Central Bank are working on price not the stability of the Iraqi dinar exchange

04-06-2013 07:55 AM

Baghdad (news) .. Accused the Member of the Committee the economy and investment MP for the / of the National Bloc the white / Aziz Sharif Mayahi, personalities influential in the Iraqi government in coordination with the staff in the bank Central Agency for the control of on the operations of sell the currency the difficult, and which led to a the low Iraqi dinar exchange rate against the U.S. dollar. and said Mayahi (of the Agency news) on: that the there are figures great to have the influence of a strong in the Iraqi state-controlling interest on the work of local banks, and in coordination Read more…

Iraqi Dinar Guru predictions/guesses! 6-3-2013

Iraqi Dinar Guru predictions/guesses! 6-3-2013

6-3-2013 Newshound Guru BGG I am glad this meeting [national meeting] was a “success”. However, I will be far more convinced when Maliki actually starts implementing the things he’s previously agreed to… Allawi did not attend this meeting. He’s had enough of the “hugs and kisses”. Same with Sadr. They don’t believe Maliki will do anything different…They don’t have a “racism or sectarianism” problem. They have a politician problem. Read more…

Central bank sales rise to $ 249 million in Monday’s session

Central bank sales rise to $ 249 million in Monday’s session

06/03/2013 13:15

BAGHDAD / obelisk: Sales of the Iraqi Central Bank of the remarkable rise in the dollar session, on Monday, for the sale and purchase of foreign currency to U.S. $ 249 728 000 million, compared with $ 174.9 million million recorded in the meeting on Sunday, a stable exchange rate at 1166 Iraqi dinars per dollar.
The bulletin of the auction that the Bank of aggregate demand on the dollar distributed by 96.375 million million in cash and $ 153 353 000 million in the form of remittances fully Read more…

New talk about the deterioration of the value of the Iraqi dinar

New talk about the deterioration of the value of the Iraqi dinar

Published 03/06/2013 10:26 AM

BAGHDAD – “arenas of Liberation”
Confirmed former deputy Alaa al-Sadoun said the smuggling of foreign currency caused by the deterioration of the value of the Iraqi dinar. said in a press statement that “the Iraqi Central Bank managed over the years to maintain the exchange rate of the Iraqi dinar against the dollar and to be backed up critical big reached $ 60 billion, which gave the Iraqi dinar stable in turn reflected on the stability of the economic situation for Read more…

Confidentiality measures to revive the Iraqi dinar against the dollar

Confidentiality measures to revive the Iraqi dinar against the dollar

16:48 03/06/2013

Follow-up – and babysit –
With the continuing decline in the exchange rate of the dinar against the dollar and the central bank sales since the change of Directors of the Bank, said sources familiar with the Central Bank of Iraq will begin next month to open letters of credit in the banks to re-dollar exchange rate against the dinar to normal and prevent a repeat of volatility the exchange rate.

Said an economist close to the bank “that the administration of the Central Bank decided to start the application of measures to curb rising dollar against the Iraqi dinar most important Read more…

Central bank demands to reconsider its monetary policy to support the exchange rate of the Iraqi dinar

Financial expert: Central bank demands to reconsider its monetary policy to support the exchange rate of the Iraqi dinar

03-06-2013 11:39 AM

Baghdad (news) .. Download financial expert as Hadi al-Tamimi, the central bank responsible for the low exchange rate of the dinar against the dollar during the last period, stressing that monetary policy currently used does not support the value of the Iraqi dinar. said Tamimi (of the Agency news): The oscillation winning at the exchange rate of the Iraqi dinar against the U.S. dollar bears responsibility for the current administration of the Central Bank, because of its policy that made ​​the dollar sales monopoly for certain Read more…

Iraqi Dinar Guru predictions/guesses! 6-2-2013

Iraqi Dinar Guru predictions/guesses! 6-2-2013

6-2-2013 Newshound Guru LoriC …I do believe we are on the edge of something major about happen with their currency. Remember they can’t tell the world they are about to RV, float etc to any significant level…I believe their statement about restoring value to the dinar this month is true and they are just downplaying.. because after all, wouldn’t they have to? …you have to admit there’s been some very encouraging articles released lately by the CBI, World Bank, Finance Committee and foreign investment companies. Like I said though, it’s just an opinion but I will remain hopeful and wait and see what happens. Read more…

Iraqi Dinar Guru predictions/guesses! 6-1-2013

Iraqi Dinar Guru predictions/guesses! 6-1-2013

6-1-2013 Newshound Guru Tlar More and more articles are beginning to call a spade a spade and are targeting Iraq [Iran??] and Syria as the ones buying the dollar…This is not a CBI problem alone. It’s a battle that if it were to happen anywhere but Iraq, the government would be taking the lead role to fix it because the government is the one with the resources to police this…Anytime your currency is being attacked all should get involved. Maliki’s government remains quite letting the bank take the fall and in fact attempted to use this as another reason to move in on the bank… Most likely there is payola from Iran to some leaders in the government to look the other way. Read more…

Iraqi Dinar Guru predictions/guesses! 5-31-2013

Iraqi Dinar Guru predictions/guesses! 5-31-2013

5-31-2013 Intel Gurus SteveI, OCrush & Ray the Bremmer initiative…was put forward as law back in 2003, so they could release the new dinars (the one’s we hold) and adjust the pay scale to it. The cabinet on Sunday (May 26, 2013) are disqualifying this CPA law and bringing forward the new pay scale law. This new pay scale law, just like in 2003, will introduce the new Lower Denoms and set the new pay scale:)) It is happening again 10+ years later!!! Read more…