Posts Tagged ‘Iraqi Dinar’

The Sudanese government approves a budget, half of which is for employees who work 20 minutes a day

The Sudanese government approves a budget, half of which is for employees who work 20 minutes a day

3-13-2023

Baghdad – The government of Muhammad Shia’a Al-Suadni will approve in the coming days one of the largest annual budgets in Iraq, which amounts to about 200 trillion dinars, or the equivalent of 140 billion dollars. Citizen, they work an average of 20 minutes a day.

Observers say that while there is one government employee for every 150 citizens in Germany, there is one government employee for every 10 citizens in Iraq. If they Read more…

Iraqi Dinar Guru opinions 3-12-2023

Iraqi Dinar Guru opinions 3-12-2023

3-12-2023 Newshound/Intel Gurus Walkingstick & Frank26 The introduction of a float, which is coming, will give us the true value of the IQD… Read more…

Iraqi Dinar/US Dollar auction results for today 3-12-2023

Iraqi Dinar/US Dollar auction results for today 3-12-2023

The results of the foreign currency sale window, Sunday, 3/12/2023
Announcement No. (4845) Read more…

Iraqi Dinar Guru opinions 3-10-2023

Iraqi Dinar Guru opinions 3-10-2023

3-10-2023 Newshound/Intel Guru Mnt Goat … Over the weekend I talked to my CBI contact and I was told to expect the second of the two rate changes “within 7 to 14 days”. Then I was also told they needed to begin the education process of the newer lower denominations and we could expect this effort only when we get really close…It is my guess that these newer notes should come out sometime in March or early April… Read more…

Iraqi Dinar Guru opinions 3-9-2023

Iraqi Dinar Guru opinions 3-9-2023

3-9-2023 Newshound/Intel Guru Mnt Goat Article: “ADOPTION OF THE NATIONAL CURRENCY (CBI)” Quote: “…the Central Bank of Iraq to encourage reliance on the national currency in financial transactions inside Iraq provided by the banking system and non-bank financial institutions” It is articles like this one that is music to my ears (eyes)…Yes, we know for sure and without a doubt that the reinstatement of the Iraq dinar is just around the corner. Read more…

Iraqi Dinar/US Dollar auction results for today 3-9-2023

Iraqi Dinar/US Dollar auction results for today 3-9-2023

The results of the foreign currency sale window, Thursday 3/9/2023
Announcement No. (4844) Read more…

The Central Bank of Iraq decides to use only the local currency at ATMs

The Central Bank of Iraq decides to use only the local currency at ATMs

2023-03-09 01:00

Shafaq News/ The Central Bank decided today, Thursday, to use the local currency only at ATMs.

The bank said in a statement received by Shafaq News agency, “Based on the decision of the Council of Ministers and in light of the policy of the Central Bank Read more…

Iraqi Dinar Guru opinions 3-8-2023

Iraqi Dinar Guru opinions 3-8-2023

3-8-2023 Newshound/Intel Guru Mnt Goat Article: “AFTER 20 YEARS… WILL ARTICLE 140 BECOME A REALITY?” There is a real movement for the implementation of Article (140) of the Iraqi constitution. As we all should know the new Iraqi constitution must be fully implemented or at least on it way prior to the reinstatement… we see yet another positive sign that the Al-Sudani administration is very serious about finally implementing Article 140… Read more…

Iraqi Dinar/US Dollar auction results for today 3-8-2023

Iraqi Dinar/US Dollar auction results for today 3-8-2023

The results of the foreign currency sale window, Wednesday, 3/8/2023
Announcement No. (4843) Read more…

Iraqi Dinar Guru opinions 3-7-2023

Iraqi Dinar Guru opinions 3-7-2023

3-7-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: My bank friend thinks soon we will see the CBI talk about the lower notes and the upcoming rates. It’s all pointing to this. He says everything now being set at 1320 but he still thinks we will see another move soon on the exchange rate. Then to 1 to 1 ratio before the float internationally. FRANK: IMSO everything your bank friend is telling you is 100% correct. This month of March will show you what he…told you. You will see your new small category notes and new exchange rate. Remember you will see it first in article print and then it will be given to you physically. These are exciting times as we cross the finish line together… Read more…

Iraqi Dinar/US Dollar auction results for today 3-7-2023

Iraqi Dinar/US Dollar auction results for today 3-7-2023

The results of the foreign currency sale window, Tuesday, 3/7/2023
Announcement No. (4842) Read more…

Iraqi Dinar Guru opinions 3-6-2023

Iraqi Dinar Guru opinions 3-6-2023

3-6-2023 Newshound Guru Clare Article: “The government is proceeding with a package of reforms to provide the requirements for a balanced economic renaissance” Quote: “Finance Minister Taif Sami confirmed, on Sunday, that the government is proceeding with a package of fundamental reforms in order to provide the requirements for a balanced economic renaissance in the country.” Read more…

Iraqi Dinar/US Dollar auction results for today 3-6-2023

Iraqi Dinar/US Dollar auction results for today 3-6-2023

The results of the foreign currency sale window, Monday, 3/6/2023
Announcement No. (4841) Read more…

The Central Bank clarifies the latest measures of the financial transfer platform and limiting the rise in the dollar

The Central Bank clarifies the latest measures of the financial transfer platform and limiting the rise in the dollar

3-6-2023

Information / Baghdad..
Today, Monday, the Central Bank announced the start of expanding inclusion in entering the electronic platform, and while it indicated its continuation in issuing positive steps to facilitate foreign trade financing, it confirmed its communication with Chinese banks Read more…

With a financial surplus of “a quarter”… 161 trillion dinars, the Iraqi state’s revenues in 2022

With a financial surplus of “a quarter”… 161 trillion dinars, the Iraqi state’s revenues in 2022

2023-03-06 01:34

Shafaq News / The Iraqi Ministry of Finance announced, on Monday, that the state’s revenues during the year 2022 exceeded 161 trillion dinars, with a financial surplus of more than 40 trillion dinars.

According to the accounts of the Iraqi state for the month Read more…

Iraqi Dinar Guru opinions 3-5-2023

Iraqi Dinar Guru opinions 3-5-2023

3-5-2023 Newshound Guru Breitling One of the gentlemen I’ve known since I was a teenager worked putting out reports for…companies that invest based on policy. They don’t sit out the market and wait for something to happen. If a policy goes in…they follow that and they invest in it. How do you think senators congressmen get so rich? It’s though policy. They know where the next big thing is coming from. Anyways…I’ve talked to these guys about it [the dinar over the years]. It’s not that they didn’t believe in it, there was other investments in their mind that had less of a risk. Read more…

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

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

The results of the foreign currency sale window, Sunday, 3/5/2023
Announcement No. (4840) Read more…

Parliamentary Finance: The 2023 budget will amount to 170 trillion dinars

Parliamentary Finance: The 2023 budget will amount to 170 trillion dinars

3-5-2023

Information / Baghdad..
A member of the Finance Committee in the House of Representatives, Mueen Al-Kazemi, estimated, on Sunday, the general budget for the year 2023 at 170 trillion dinars.

Al-Kadhimi said, in an interview with Al-Maalouma agency, that “the coming days will witness the arrival of the budget to the House of Representatives if Read more…

Iraqi Dinar Guru opinions 3-4-2023

Iraqi Dinar Guru opinions 3-4-2023

3-4-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: New land transfer trade projects Iraq is doing – they’re saying will have us as the center of the global land trade. Again there is talk about our borders and bank system that are being set up digital for security. They said this will deal with other countries and their currencies only. FRANK: This is the economic reform exploding and you don’t even have the new exchange rate given to the citizens yet (until now IMO March 2023)… Read more…

A parliamentarian considers adjusting the exchange rate an “expansion” of corruption and talks about “involving citizens” in the money laundering process

A parliamentarian considers adjusting the exchange rate an “expansion” of corruption and talks about “involving citizens” in the money laundering process

2023-03-04 06:55

Shafaq News/ Independent MP, Raed Al-Maliki considered, on Saturday, that adjusting the exchange rate of the dollar is an “expansion” of corruption, indicating that granting citizens sums of money when they travel involved them in the money laundering process.

The Central Bank grants each traveler Read more…