Posts Tagged ‘Iraqi Dinar’

Iraqi Dinar Guru opinions 5-7-2023

Iraqi Dinar Guru opinions 5-7-2023

5-7-2023 Newshound/Intel Guru Mnt Goat …The issues of the recent past contention about the budget was all centered around the amount of oil proceeds that would go to Kurdistan. This being now resolved, they now are faced with another issue of the debt ceiling. So, the cuts begin. This is what they are working on now… they are now telling us the budget law will be ready for voting during the next two weeks, and it will be included on the parliament’s agenda in the third week of this month of May. Read more…

Iraqi Dinar/US Dollar auction results for today 5-7-2023

Iraqi Dinar/US Dollar auction results for today 5-7-2023

The results of the foreign currency sale window, Sunday, 5/7/2023
Announcement No. (4878) Read more…

Iraqi Dinar Guru opinions 5-6-2023

Iraqi Dinar Guru opinions 5-6-2023

5-6-2023 Intel Guru Frank26 Article: “Al-Rafidain: The success of the experimental launch of electronic collection in the first education of Karkh, Rusafa, and taxes” Quote: ” the bank has begun implementing the first phase of the electronic collection system and putting it into effect” THE MONETARY REFORM EDUCATION TEACHES ON THE COLLECTION OF THE 3 ZERO NOTES. Read more…

Iraqi Dinar Guru opinions 5-5-2023

Iraqi Dinar Guru opinions 5-5-2023

5-5-2023 Newshound/Intel Guru Mnt Goat …We will soon know one way or the other if all this fuss about the dinar was really about a reinstatement or not. I can only go by what I am told and what I read in the news. For me we should expect to see a major revaluation of at least between 1.00 – 1.50 dinars to the dollar. The articles told us and as the prime minister told the citizens, the dinar is worth much more than the dollar. If you pay attention, it does not take a rocket scientist to see that early June is significant for the currency and the economy of Iraq. Something BIG is about to change Iraq forever. Read more…

Iraqi Dinar Guru opinions 5-4-2023

Iraqi Dinar Guru opinions 5-4-2023

5-4-2023 Newshound/Intel Guru Mnt Goat …we are close and Iraq is moving in the right direction. We have never seen such progress before in the direction we are looking for. But let’s not over-speculate. There is still much to be done but they will get there. I am still holding firm that we could see a reinstatement before June. The evidence is now right in front of our noses. Let’s see what happens before now and then… Read more…

Iraqi Dinar/US Dollar auction results for today 5-4-2023

Iraqi Dinar/US Dollar auction results for today 5-4-2023

The results of the foreign currency sale window, Thursday, 5/4/2023
Announcement No. (4877) Read more…

Iraqi Dinar Guru opinions 5-3-2023

Iraqi Dinar Guru opinions 5-3-2023

5-3-2023 Intel Guru Frank26 The CBI is meeting with everybody that you can think of…IMF, World Bank, US treasury is back again. It’s going on like crazy. Read more…

Iraqi Dinar/US Dollar auction results for today 5-3-2023

Iraqi Dinar/US Dollar auction results for today 5-3-2023

The results of the foreign currency sale window, Wednesday, 5/3/2023
Announcement No. (4876) Read more…

Iraqi Dinar Guru opinions 5-2-2023

Iraqi Dinar Guru opinions 5-2-2023

5-2-2023 Newshound/Intel Guru Mnt Goat Article: “SUDANESE ADVISOR: THE OFFICIAL AND PARALLEL EXCHANGE RATES MATCH DEPENDS ON THIS MATTER” I believe this is part of the process to the RV and reinstatement. My CBI contact has told me a couple times now that they must get the rate within the range necessary. The official rate and parallel market rates must match with only a small variance allowed and I quote – “If the difference between them is 2%, then it is considered a match.” Read more…

Iraqi Dinar/US Dollar auction results for today 5-2-2023

Iraqi Dinar/US Dollar auction results for today 5-2-2023

The results of the foreign currency sale window, Tuesday, 5/2/2023
Announcement No. (4875) Read more…

Iraqi Dinar Guru opinions 5-1-2023

Iraqi Dinar Guru opinions 5-1-2023

5-1-2023 Intel Guru Frank26 They [The Iraqi citizens] know. They’re drilling it [that change is coming to the dinar] into them everyday, hour after hour, commercial after commercial. It cannot fail with the Iraqi citizens. Read more…

Iraqi Dinar Guru opinions 4-30-2023

Iraqi Dinar Guru opinions 4-30-2023

4-30-2023 Newshound Guru Paulette I have watched the Market Rate for almost 15 years. IMF Article 8 compliance requires no Multi Currency Practice. A Market Rate of greater than 2% constitutes a Multi Currency Practice according to IMF Article 8. Bottom Line, Iraq cannot be compliant with Article 8 requirements if the Market Rate exceeds 2% of the Official Rate. The new verbiage of “Parallel Rate” has made this seem as a new issue …Saleh has now stated this twice recently. The real question is how long must they maintain the 2%…90 days. I never saw this printed in Article 8…. Considering all we are being told, I don’t accept the 90 day theory. Read more…

Iraqi Dinar/US Dollar auction results for today 4-30-2023

Iraqi Dinar/US Dollar auction results for today 4-30-2023

The results of the foreign currency sale window, Sunday, 4/30/2023
Announcement No. (4874) Read more…

The Central Bank confirms that government measures obligated the payment of wages and salaries of foreign workers in Iraqi dinars

The Central Bank confirms that government measures obligated the payment of wages and salaries of foreign workers in Iraqi dinars

2023-04-30

Today, Sunday, the Central Bank of Iraq confirmed that the impact of growth was greatly reflected in the volume of requests, amounts, and banks participating in the foreign currency sale window platform, while indicating that government measures obligated the payment of wages and salaries of foreign workers in Iraqi dinars.

“Growth has helped reduce the gap between the official Read more…

Iraqi Dinar Guru opinions 4-29-2023

Iraqi Dinar Guru opinions 4-29-2023

4-29-2023 Intel Guru Frank26 Article: “A Sudanese advisor expects the official and parallel dollar prices to match within weeks” Quote: “We expect that, within a few weeks, there will be a match between the two prices,” Saleh said to the Euphrates News Agency, noting that “this match is if the difference between them is 2%, then it is considered a match.” THE PLUS OR MINUS OF 2-3% IS DRIVING THE MONETARY REFORM. Read more…

Iraqi Dinar Guru opinions 4-28-2023

Iraqi Dinar Guru opinions 4-28-2023

4-28-2023 Intel Guru Frank26 Article: “One week separates the dollar from stability at the parallel price of 132 thousand dinars”. 1320 IS NEXT AND THEN 1100, IN MY OPINION. Read more…

Deputy: The budget will be approved next month, and its ceiling is 199 trillion dinars

Deputy: The budget will be approved next month, and its ceiling is 199 trillion dinars

2023-04-28

Today, Friday, a member of the Finance Committee in Parliament, Mueen Al-Kazemi, confirmed the existence of a parliamentary consensus to approve the budget, while revealing a deficit of (64) trillion dinars in the budget.

Al-Kazemi stated, in a statement singled out to him by “The Insider”, that “the upper ceiling of the budget for the current year Read more…

Parliamentary Finance details budget allocations and sets a date for approval

Parliamentary Finance details budget allocations and sets a date for approval

2023-04-28

Yesterday, Thursday, the Parliamentary Finance Committee announced the budget allocations, while setting a date for its approval in Parliament.

Committee member Mueen Al-Kadhimi said in an interview with the “Duty of Honesty” program, the official channel, that “the Finance Committee has started Read more…

Iraqi Dinar Guru opinions 4-27-2023

Iraqi Dinar Guru opinions 4-27-2023

4-27-2023 Intel Guru Goldilocks I just heard from our CBI Banker contact that the articles as of late are true. Iraq has been placed inside the Swift System and their Banks have been given the green light from the Trade Bank of Iraq to do foreign currency exchanges in their local banks. No rate has been cleared for takeoff just yet. Based on information I am still receiving daily from the banking system and CBI contact, I do not expect anything to happen this week. We are close. Read more…

Iraqi Dinar/US Dollar auction results for today 4-27-2023

Iraqi Dinar/US Dollar auction results for today 4-27-2023

Results of the foreign currency sale window Thursday 4/27/2023
Announcement No. (4873) Read more…