Posts Tagged ‘Iraqi Dinar’

Iraqi Dinar/US Dollar auction results for today 2-8-2023

Iraqi Dinar/US Dollar auction results for today 2-8-2023

The results of the foreign currency sale window, Wednesday, 2/8/2023
Announcement No. (4824) Read more…

Al-Sudani advises the Iraqis about the dollar and reaffirms: the dinar is stronger

Al-Sudani advises the Iraqis about the dollar and reaffirms: the dinar is stronger

2023-02-08

Tuesday, the Prime Minister, Muhammad Shia’a Al-Sudani, advised against acquiring the dollar, while reaffirming that “the dinar is stronger than the dollar.”

Al-Sudani said at the cabinet’s weekly press conference that “100 days have passed since the government began, and since the beginning, we have Read more…

Iraqi Dinar Guru opinions 2-7-2023

Iraqi Dinar Guru opinions 2-7-2023

2-7-2023 Newshound/Intel Guru RVAlready [Word on the street in Iraq is that 1 IQD will be $3.00 USD, time will tell if this is going to be true.] $3 to $4 seems prevalent in many discussions. A bit too soon to know. We will know shortly enough. Read more…

Iraqi Dinar/US Dollar auction results for today 2-7-2023

Iraqi Dinar/US Dollar auction results for today 2-7-2023

The results of the foreign currency sale window, Tuesday, 2/7/2023
Announcement No. (4823) Read more…

Financial expert: Iraq’s budget will not be affected by the reduction in the dollar exchange rate

Financial expert: Iraq’s budget will not be affected by the reduction in the dollar exchange rate

2023-02-07 01:00

Shafaq News / An economist and financial expert confirmed today, Tuesday, that Iraq’s budget will not be affected by the reduction of the dollar exchange rate, pointing out that Iraq is able to pay all its debts.

The expert, Hilal Al-Taan, said in an interview with Shafaq News agency, “If the study presented by the Central Bank is approved to adjust the exchange rate Read more…

Starting tomorrow, the Iraqi Central Bank will start selling the dollar at a price of 1320 dinars

Starting tomorrow, the Iraqi Central Bank will start selling the dollar at a price of 1320 dinars

2023-02-07 07:11

Shafaq News/ The Central Bank of Iraq announced, on Tuesday, that it will start selling the dollar at the new official price, starting tomorrow, Wednesday.

Earlier today, Tuesday, the Council of Ministers approved the decision of the Board of Directors of the Central Bank of Iraq to amend the exchange rate of the dollar Read more…

The Council of Ministers approves the amendment of the exchange rate of the dollar, equivalent to 1,300 dinars

The Council of Ministers approves the amendment of the exchange rate of the dollar, equivalent to 1,300 dinars

2023-02-07 04:53

Shafaq News/ The Council of Ministers approved, on Tuesday, adjusting the exchange rate of the US dollar to be 1,300 dinars.

A brief statement by the Media Office of the Council of Ministers, received by Shafaq News Agency, stated that the Council of Ministers approved the decision of the Board of Directors of the Central Bank of Iraq Read more…

Al-Alaq thanks Al-Sudani for lowering the price of the dollar: Your response is quick

Al-Alaq thanks Al-Sudani for lowering the price of the dollar: Your response is quick

2023-02-07 06:43

Shafaq News/ On Tuesday, the Governor of the Central Bank, Ali Al-Alaq, thanked the Prime Minister and members of the Council of Ministers for their approval of the decision to reduce the exchange rate of the dollar.

Al-Alaq said in a statement received by Shafaq News agency; “I extend my sincere Read more…

Iraqi Dinar Guru opinions 2-6-2023

Iraqi Dinar Guru opinions 2-6-2023

2-6-2023 Newshound Guru Sandy Ingram Iraqis protested Friday in Baghdad demanding the government take action to stop the economy crisis…after the Iraqi dinar plunged again…to around 1750 Iraqi dinar to $1 at street exchangers in some parts of the country on Thursday compared to the official rate of 1460 dinar for $1 US. On Friday…most exchange stores in Baghdad were closed while in the northern city of Erbil the dollar was trading at around 1710 Iraqi dinars to $1. At the same time we are getting the news..from ABC and countless other news stations that the meeting between the US Treasury Department and the head of the Central Bank of Iraq the crisis has been averted. Read more…

Iraqi Dinar/US Dollar auction results for today 2-6-2023

Iraqi Dinar/US Dollar auction results for today 2-6-2023

The results of the foreign currency sale window, Monday, 2/6/2023
Announcement No. (4822) Read more…

A government directive for Iraqi Airways to deal in Iraqi dinars instead of dollars

A government directive for Iraqi Airways to deal in Iraqi dinars instead of dollars

2023-02-06 04:00

Shafaq News/ On Monday, the Iraqi Minister of Transport, Razzaq Muhibis Al-Saadawi, instructed all the ministry’s formations, including the Iraqi Airways General Company, to deal with tickets for travelers in Iraqi dinars instead Read more…

Iraqi Dinar Guru opinions 2-5-2023

Iraqi Dinar Guru opinions 2-5-2023

2-5-2023 Guru Nader From The Mid East Sudani come out talking about the dinar, talking strongly, Something that made me very happy. He said the dinar is stronger than dollar and it’s going to be stronger than the dollar. He didn’t say how much. He said it’s a question of time. Let’s wait and see what he does. Read more…

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

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

The results of the foreign currency sale window, Sunday, 2/5/2023
Announcement No. (4821) Read more…

Iraq demands broad economic reforms, will it respond?

Iraq demands broad economic reforms, will it respond?

2-5-2023

The United Nations Mission to Iraq believes that carrying out economic and financial reforms during the coming period is important and that the country needs international and domestic support to implement it, especially with regard to the crisis of the depreciation of the dinar and the restrictions imposed Read more…

Iraqi Dinar Guru opinions 2-4-2023

Iraqi Dinar Guru opinions 2-4-2023

2-4-2023 Newshound/Intel Guru Mnt Goat Article Quote: “Prime Minister Mohammed Shia al-Sudani had said earlier that the Iraqi dinar was “stronger” than the dollar, while urging citizens not to acquire dollars.” we hear it now from the new prime minister himself. There is no more hiding it that they are artificially suppressing the rate of the Iraqi dinar using the peg of the dollar and currency auctions to do it… Read more…

Al-Halbousi: There is no concern or fear for the Iraqi economy, and the dollar will return to its normal price

Al-Halbousi: There is no concern or fear for the Iraqi economy, and the dollar will return to its normal price

2023-02-04 06:30

Shafaq News/ Parliament Speaker Muhammad al-Halbousi said, on Saturday, that the exchange rate of the dollar against the Iraqi dinar will return to normal.

Al-Halbousi said, in a tweet seen by Shafaq News Agency, “It is not the first time that exchange rates have Read more…

The Association of Banks regarding the new measures package of the Central Bank: It will contribute to the stability of the exchange rate

The Association of Banks regarding the new measures package of the Central Bank: It will contribute to the stability of the exchange rate

2023-02-04 00:40

Shafaq News / The Iraqi Private Banks Association confirmed, on Saturday, its support for government efforts and the new package of measures issued by the Central Bank to facilitate international trade financing, which contributes to raising the value of the Iraqi dinar against the dollar, directly and gradually, and with the Read more…

Iraqi Dinar Guru opinions 2-3-2023

Iraqi Dinar Guru opinions 2-3-2023

2-3-2023 Newshound/Intel Guru Mnt Goat Conversation with my contact in the CBI : Question: I asked one more question about the timing of events. I asked about the possibility of moving to reinstate the dinar on FOREX. Answer: I was told this was in the planning stages and we could see it very possibly this year and sooner than later. I did not press the point to ask for specific timeframe as I probably would not get it anyhow. Read more…

Demonstrations in Baghdad and a number of provinces calling for a reduction in the price of the dollar against the dinar

Demonstrations in Baghdad and a number of provinces calling for a reduction in the price of the dollar against the dinar

2023-02-03 04:28

Shafaq News / Hundreds of citizens demonstrated today, Friday, in Tahrir Square, in central Baghdad, to demand a reduction in the price of the US dollar against the Iraqi dinar, while a number of governorates witnessed similar demonstrations to demand a reduction Read more…

Iraqi Dinar Guru opinions 2-2-2023

Iraqi Dinar Guru opinions 2-2-2023

2-2-2023 Newshound/Intel Guru Mnt Goat Conversation with my contact in the CBI Question: Do they fully intend to carryout this currency reform to the end? Answer: Yes, as they are only releasing more of the 100, 250 and 1000 smaller category notes and these will stay in circulation afterwards. It will be an easier transition to the lower, lower denominations once they have this situation under control and other countries will bring the value of the dinar up as the foreign demand increases. Read more…