Posts Tagged ‘Iraqi Dinar’

Economist: government and central bank measures curbed the dollar fever in Iraq

Economist: government and central bank measures curbed the dollar fever in Iraq

4-27-2023

Information/Baghdad…
Economic expert Bassem Antoine confirmed today, Thursday, that the measures of the government and the Central Bank of Iraq have curbed the fever of the high exchange rates of the US dollar against the Iraqi dinar in the local market.

Antoine said in a statement Read more…

Iraqi Dinar Guru opinions 4-26-2023

Iraqi Dinar Guru opinions 4-26-2023

4-26-2023 Newshound Guru Clare Article: “Sudanese advisor: Foreign currency reserves are high, safe and at comfortable levels” Quote: “the foreign currency reserves of the Central Bank of Iraq are at very comfortable levels, which are the highest in the country’s financial history, which are not less than balances (in foreign exchange and gold). between 110-115 billion dollars, and at the same time it constitutes a percentage (coverage) of the cash currency issued (and according to the current exchange rate) by about 130 percent, which is a high and safe coverage.” Read more…

Iraqi Dinar/US Dollar auction results for today 4-26-2023

Iraqi Dinar/US Dollar auction results for today 4-26-2023

The results of the foreign currency sale window, Wednesday, 4/26/2023
Announcement No. (4872) Read more…

Foiling Al-Kazemi’s plan…the dollar continues to bow against the dinar and falls to its lowest level since 2020

Foiling Al-Kazemi’s plan…the dollar continues to bow against the dinar and falls to its lowest level since 2020

4-26-2023

Information/Baghdad..
The exchange rates of the US dollar continue their continuous decline against the value of the Iraqi dinar throughout the days of the current week, achieving the lowest price since 2020, when the former Prime Minister Mustafa Al-Kazemi began implementing American agendas and announcing the increase in the price Read more…

Iraqi Dinar Guru opinions 4-25-2023

Iraqi Dinar Guru opinions 4-25-2023

4-25-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Something is about to pop…it has to. After EID we expect some changes to the current rate. To more like 1000 to 1… FRANK: Pay attention to your prime minister. He is trying very hard to tell you your currency is at 1.5 to the American dollar. It is possible they may start the float at 1 to 1.5 instead of 1 to 1. Read more…

Iraqi Dinar/US Dollar auction results for today 4-25-2023

Iraqi Dinar/US Dollar auction results for today 4-25-2023

The results of the foreign currency sale window are Tuesday 4/25/2023
Announcement No. (4871) Read more…

A government advisor confirms the implementation of two policies that have supported the Iraqi dinar against foreign currencies

A government advisor confirms the implementation of two policies that have supported the Iraqi dinar against foreign currencies

2023-04-25

Monday, the financial advisor to the Prime Minister, Mazhar Muhammad Salih, confirmed the implementation of two policies that supported the Iraqi dinar against foreign currencies, while revealing government measures that removed obstacles to foreign trade.
Salih said in a press interview, “The monetary policy of the Central Bank of Iraq has proven that Read more…

Al-Fateh announces the failure of the American plan through the dollar crisis, after its parallel value fell

Al-Fateh announces the failure of the American plan through the dollar crisis, after its parallel value fell

4-25-2023

Information / Baghdad ..
The leader of the Al-Fateh Alliance, Ali Hassan Al-Fatlawi, confirmed, on Tuesday, the failure of the American plot to put pressure on Iraq by fabricating the dollar crisis, indicating that the recovery of the dinar and the approaching of its exchange rate with the dinar in the parallel market is evidence Read more…

Iraqi Dinar Guru opinions 4-24-2023

Iraqi Dinar Guru opinions 4-24-2023

4-24-2023 Guest Guru Dallasdude They have clearly stated numerous times they intend to come out in the 1320 range…the real question is how long will they stay there…I for one would not be surprised if it’s for the remaining year…hope I am wrong but the private sector needs growth at this time..they have until the end of May to complete budget, I personally think it will be done sooner right after EID as articles have stated..just got to let it play out…1320 helps the citizens a little but not us…its all about the time frame between the 1320 range and the 1 to 1 float that I seek.. Read more…

Her advisor: The government has taken measures to remove obstacles to foreign trade

Her advisor: The government has taken measures to remove obstacles to foreign trade

4-24-2023

Information / Baghdad..
The financial advisor to the Prime Minister, Mazhar Muhammad Salih, confirmed, on Monday, the implementation of two policies that supported the Iraqi dinar against foreign currencies, while revealing government measures that removed obstacles Read more…

Iraqi Dinar Guru opinions 4-23-2023

Iraqi Dinar Guru opinions 4-23-2023

4-3-2023 Intel Guru Frank26   THE 1.5 TO 1 IS…TRUE. Community Question: “Can someone please tell me what the 1.5 to 1 means?” THE 1.5 IS THE NEER (Nominal effective exchange rate – a measure of the value of a currency against a weighted average of several foreign currencies. ). Read more…

Iraqi Dinar Guru opinions 4-22-2023

Iraqi Dinar Guru opinions 4-22-2023

4-22-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI governor was on the television saying they are working extremely hard on bridging the gap between the dollar and the official dinar parallel rate. That’s the internal float they are talking about…As they do this there are several international banks that are asking to operate inside of Iraq… FRANK: …the internal float, that’s what they are teaching you about right now. Read more…

Iraqi Dinar Guru opinions 4-21-2023

Iraqi Dinar Guru opinions 4-21-2023

4-21-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: After EID we expect some changes to the current rate to more like maybe 1000 to 1 maybe less. Then they can drop the 3-zeros. Here comes our fils. Here comes our lower notes. FRANK: Yes you are headed in the right direction. That is a good sequence of events for the monetary reform to reveal itself. Pay attention to your prime minister. He’s trying to tell you that your currency is at 1.1 to the American dollar. It is possible they will start to float at 1 to 1.5 instead of 1 to 1… Read more…

Iraqi Dinar Guru opinions 4-20-2023

Iraqi Dinar Guru opinions 4-20-2023

4-20-2023 Intel Guru Frank26 Instagram Post “Prime Minister Mr. Mohmaed Shia Al-Sudani: The exchange rate will return to 15 dinars per dollar and our financial situation is at its best.” …The IQD at $1.50? …Is it 15 or is it 1.5? … 1.5 to 1 dinar or 15 dinars to 1 dollar? I don’t know. Read more…

The Iraqi Prime Minister expects the dinar to recover…and a government plan to raise electricity production in the summer

The Iraqi Prime Minister expects the dinar to recover…and a government plan to raise electricity production in the summer

4-20-2023

Iraqi Prime Minister Muhammad Shia al-Sudani affirmed the “seriousness” of his government in fighting corruption and holding the corrupt accountable, and expressed his expectation that the exchange rate of the dollar against the Iraqi dinar would continue to decline.

Al-Sudani said, in an interview with a number of Iraqi media outlets, that the Read more…

Iraqi Dinar Guru opinions 4-19-2023

Iraqi Dinar Guru opinions 4-19-2023

4-19-2023 Newshound/Intel Guru Mnt Goat The IMF and the World Bank recently met with an Iraqi delegation held in Washington, D.C…the meeting witnessed deliberation in the economic and financial goals that the Iraqi government is working to achieve. One of which was the future monetary policy of Iraq and the currency reform…Then articles…come out this week…quote – “The Iraqi dinar continues to make gains at the expense of the us dollar exchange rate” and then on Monday, Prime Minister…al-Sudani indicated that the value of the Iraqi dinar will rise against the US dollar during the next few weeks…Folks we are heading for the long-awaited reinstatement of the Iraqi dinar to FOREX not as a placeholder but open for business full trading…How could the news possibly get any better? Read more…

Iraqi Dinar/US Dollar auction results for today 4-19-2023

Iraqi Dinar/US Dollar auction results for today 4-19-2023

The results of the foreign currency sale window, Wednesday, 4/19/2023
Announcement No. (4870) Read more…

Central Bank: Dealing in Iraqi dinars will extend to the private sector

Central Bank: Dealing in Iraqi dinars will extend to the private sector

April 19, 2023 12:36 PM

Mubasher: The Central Bank of Iraq confirmed, yesterday, Tuesday, that the reform package is a major shift for the organized economy, while indicating that dealing in the Iraqi dinar will extend to the private sector.

The bank’s advisor, Ihsan Shamran, told the Iraqi News Read more…

Iraqi Dinar Guru opinions 4-18-2023

Iraqi Dinar Guru opinions 4-18-2023

4-18-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI governor…is saying the CBI is on high alert to change the dinar exchange rate. He is saying this on News Channel One…He’s saying do to the auditing transfers of the hard currency. This has to be done. FRANK: He’s talking about the float. Read more…

Iraqi Dinar/US Dollar auction results for today 4-18-2023

Iraqi Dinar/US Dollar auction results for today 4-18-2023

The results of the foreign currency sale window, Tuesday, 4/18/2023
Announcement No. (4869) Read more…