Posts Tagged ‘Iraqi Dinar’

Iraqi Dinar/US Dollar auction results for today 3-28-2023

Iraqi Dinar/US Dollar auction results for today 3-28-2023

The results of the foreign currency sale window, Tuesday, 3/28/2023
Announcement No. (4855) Read more…

Iraqi Dinar Guru opinions 3-27-2023

Iraqi Dinar Guru opinions 3-27-2023

3-27-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: My bank friend from First Bank of Iraq has new global money transfers. He said this system just started. This screams international. FRANK: That’s awesome! Yes it does! Read more…

Iraqi Dinar Guru opinions 3-26-2023

Iraqi Dinar Guru opinions 3-26-2023

3-26-2023 Newshound/Intel Guru Mnt Goat They have…fully de-pegged from the US dollar meaning the program rate will soon no longer apply. The dinar is now on an “informal” managed float inside Iraq. They have changed the entire structure of the currency auctions with the new Electronic Platform. They have moved the rate from 1450 to 1320 and now to 1132… if you read the 5 years redevelopment plan issued 5 years ago, they are right on track. Read more…

Iraqi Dinar/US Dollar auction results for today 3-26-2023

Iraqi Dinar/US Dollar auction results for today 3-26-2023

The results of the foreign currency sale window, Sunday, 3/26/2023
Announcement No. (4854) Read more…

The headache of the Iraqi dinar is renewed with the militia banks’ rejection of the American restrictions

The headache of the Iraqi dinar is renewed with the militia banks’ rejection of the American restrictions

3-26-2023

The Iraqi dinar returned to record a new record low against the US dollar in the parallel market, which renews the headache regarding the approaches of the Sudanese government of Muhammad Shia’a to solve the crisis.

And the exchange rate of the dollar exceeded Read more…

Iraqi Dinar Guru opinions 3-25-2023

Iraqi Dinar Guru opinions 3-25-2023

3-25-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: TV is showing the Central bank director of currency window and the CBI is on Channel One News…they’re saying the CBI is training licensed banks on the electronic platform. It’s a big deal. It’s been going on all morning… FRANK: The CBI is educating you and training all the banks and their employees not only for internal use but right now they are preparing them for the float also. To be honest with you education is done it is the float they are teaching them… Read more…

Iraqi Dinar Guru opinions 3-24-2023

Iraqi Dinar Guru opinions 3-24-2023

3-24-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Channel One News just did an interview with the Finance Minister he’s saying soon the dinar will be parallel with other middle eastern currencies in the region. FRANK: Are you kidding me? That’s absolutely fantastic! That’s insane for him to say that. In other words he’s telling you that when they reach the REER of the float the dinar will be parallel with other middle eastern exchange rates…everyday they are telling you more and more. It’s getting ridiculous with the excitement of the monetary reform! You are inches away from receiving your new small category notes and new exchange rate… Read more…

Iraqi Dinar Guru opinions 3-23-2023

Iraqi Dinar Guru opinions 3-23-2023

3-23-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They are talking about that 1134 all morning and all afternoon. They keep repeating it over and over again. They want the citizens to understand their exchange rate is moving and changing. Read more…

Iraqi Dinar/US Dollar auction results for today 3-23-2023

Iraqi Dinar/US Dollar auction results for today 3-23-2023

The results of the foreign currency sale window, Thursday, 3/23/2023
Announcement No. (4853) Read more…

Iraqi Dinar Guru opinions 3-22-2023

Iraqi Dinar Guru opinions 3-22-2023

3-22-2023 Newshound/Intel Guru Mnt Goat From my contact at the CBI: In the Mosque last Friday, they talked about the dinar once again. They told the people the dinar will “soon” be on the level of the other middle eastern currencies. So this explains to us why they published in Iraq that list of the top ten powerful currencies and it list the top 4 as middle eastern currencies …Then to make our news even better, they said…that the “newer notes of lower numbers” meaning the new lower denominations would be out in public to support a new rate change. Folks they are preparing the public to what is about to come. Read more…

Iraqi Dinar/US Dollar auction results for today 3-22-2023

Iraqi Dinar/US Dollar auction results for today 3-22-2023

The results of the foreign currency sale window, Wednesday, 3/22/2023
Announcement No. (4852) Read more…

Alaq reveals astronomical amounts outside the scope of banking dealings inside Iraq

Alaq reveals astronomical amounts outside the scope of banking dealings inside Iraq

3-22-2023

Information / Baghdad..
The Governor of the Central Bank of Iraq, Ali Al-Alaq, revealed that there are more than 70 trillion dinars outside the banking system for circulation, indicating that this is a very large amount and represents a high percentage of the gross Read more…

Iraqi Dinar Guru opinions 3-21-2023

Iraqi Dinar Guru opinions 3-21-2023

3-21-2023 Intel Guru yada We are in the midst of the process…close enough to see the rate…A good week for us. As to how fast is of no matter, fact it has started…The activation of the ISO 202022 [international standard for relaying electronic messages between financial institutions.] was activated today so all the digital systems are connnected. The SWIFT system on steriods connected with the regional BUMA system who will clear the dinar. And the lower denoms being released. The trigger for us to now the rate is being released. Read more…

Iraqi Dinar Guru opinions 3-20-2023

Iraqi Dinar Guru opinions 3-20-2023

3-20-2023 Intel Guru Frank26 It is my opinion you will see an exchange rate about a week before April 1st. Why would I have have such an opinion? You don’t have the budget. You don’t have the exchange rate. But once you have the exchange rate you can have anything you want in that budget. Do you have the budget? No. Did they tell you it’s coming? Yes. For 3 years. Did they give you the rate for the budget? No. Read more…

Iraqi Dinar/US Dollar auction results for today 3-20-2023

Iraqi Dinar/US Dollar auction results for today 3-20-2023

The results of the foreign currency sale window, Monday, 3/20/2023
Announcement No. (4851) Read more…

Economists: Any budget that depends on the rentier economy is doomed to failure

Economists: Any budget that depends on the rentier economy is doomed to failure

2023-03-20 02:27

Shafaq News/ Iraqi economists predicted, on Monday, that the fate of any budget that relies on the rentier economy will be failure and an increase in the deficit.

“It is difficult to define a single scenario for a budget for more than a year, in light of Read more…

Iraqi Dinar Guru opinions 3-19-2023

Iraqi Dinar Guru opinions 3-19-2023

3-19-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They have opened 6 new branches in and around Baghdad. They are telling us these 6 new branches…are being set up to help collect the citizens depositing dinars. They are calling it the 2nd phase to get dinars deposited… FRANK: The CBI is setting up these large depositing areas where the Iraqi citizen can go convert his 3-zero notes into the new small category notes…The CBI is super eager to collect as many 3-zero notes as possible back. It’s brilliant. Read more…

Iraqi Dinar/US Dollar auction results for today 3-19-2023

Iraqi Dinar/US Dollar auction results for today 3-19-2023

The results of the foreign currency sale window, Sunday, 3/19/2023
Announcement No. (4850) Read more…

Iraqi Dinar Guru opinions 3-18-2023

Iraqi Dinar Guru opinions 3-18-2023

3-18-2023 Newshound/Intel Guru Mnt Goat …the Governor of the Central Bank, Ali Al-Alaq, set the objectives of monetary policy in Iraq, pointing out that he would take the necessary legal steps within the framework of the dinar being a major currency prevailing in the market in cooperation with the government. This was music to the ears…Alaq goes on with better news and I quote from the article…“the currency is a symbol of sovereignty and a title for the country, and abandoning it is tantamount to lowering the flag”. Oh my gosh! This patriotism and loyalty to Iraq is what Alaq really brings to his job and the Iraqi people…this is how we are going to get the reinstatement…. He has the brains to do it but also the willingness to do it… Read more…

Iraqi Dinar Guru opinions 3-17-2023

Iraqi Dinar Guru opinions 3-17-2023

3-17-2023 Intel Guru Frank26 Article: “It caused the dollar crisis. Is the government able to end the phenomenon of “dollarization” DE-DOLLARIZATION IS THE ULTIMATE GOAL OF THE MONETARY REFORM! THE GOAL OF DE-DOLLARIZATION IS NOW IN THE HANDS OF THE IRAQI CITIZENS. Read more…