Posts Tagged ‘Iraqi Dinar’

Iraqi Dinar/US Dollar auction results for today 1-12-2023

Iraqi Dinar/US Dollar auction results for today 1-12-2023

The results of the foreign currency sale window, Thursday 1/12/2023
Announcement No. (4805) Read more…

Within 11 months.. about 150 trillion dinars, Iraq’s revenues last year

Within 11 months.. about 150 trillion dinars, Iraq’s revenues last year

2023-01-12 00:09

Shafaq News/ The Iraqi Ministry of Finance revealed, on Thursday, that the state’s revenues during the past year amounted to nearly 150 trillion dinars, and a financial surplus exceeded 55 trillion dinars, within 11 months.

According to tables and data issued by the ministry, Read more…

Iraqi Dinar Guru opinions 1-11-2023

Iraqi Dinar Guru opinions 1-11-2023

1-11-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They…said something about only thing needed was paragraph to be done in the budget on the exchange rate and the amount for infrastructure… Read more…

Iraqi Dinar/US Dollar auction results for today 1-11-2023

Iraqi Dinar/US Dollar auction results for today 1-11-2023

The results of the foreign currency sale window, Wednesday, 1/11/2023
Announcement No. (4804) Read more…

A parliamentarian reveals a move to host the Minister of Finance and the Governor of the Central Bank

A parliamentarian reveals a move to host the Minister of Finance and the Governor of the Central Bank

1-11-2023

Information / special..
A member of the House of Representatives, Baqir Al-Saadi, revealed, on Wednesday, a parliamentary move to host the governor of the Central Bank and the Minister of Finance in Parliament during the upcoming sessions, while confirming that Parliament will present many proposals to reduce the exchange rate Read more…

Including the pricing of medicines in dinars..The Doctors Syndicate calls for 4 measures to counter the rise in the dollar

Including the pricing of medicines in dinars..The Doctors Syndicate calls for 4 measures to counter the rise in the dollar

1-11-2023

Information / Baghdad..
On Wednesday, the Iraqi Doctors Syndicate – Basra branch called on the government to impose a price for buying medicines in Iraqi dinars, warning that the continued rise in the price of the dollar warns of dire Read more…

Iraqi Dinar Guru opinions 1-10-2023

Iraqi Dinar Guru opinions 1-10-2023

1-10-2023 Newshound/Intel Guru Mnt Goat Article: “GOVERNOR OF THE CENTRAL BANK CALLED ON MERCHANTS TO DEAL DIRECTLY WITH BANKS” Its about time…the CBI wakes up to another source of the monetary problems plaguing Iraq…This effort will help so much in reducing speculation thus the CBI will be able to control the exchange rate of the dinar. Remember that these street brokers and speculators are not going through the new platform to track corruption either in the exchange of dinars to dollars. So this effort is a win-win for everyone. Read more…

Iraqi Dinar/US Dollar auction results for today 1-10-2023

Iraqi Dinar/US Dollar auction results for today 1-10-2023

The results of the foreign currency sale window, Tuesday, 1/10/2023
Announcement No. (4803) Read more…

The Council of Ministers obliges government institutions to sell goods and services in Iraqi dinars

The Council of Ministers obliges government institutions to sell goods and services in Iraqi dinars

1-10-2023

Information / Baghdad..
On Tuesday, the Council of Ministers directed government institutions to sell goods and services in the local currency.

The media office of the Prime Minister said in a statement received by Al-Maalouma Agency that “the council decided to oblige all government agencies to sell goods and services in Iraqi dinars according to Read more…

Iraqi Dinar Guru opinions 1-9-2023

Iraqi Dinar Guru opinions 1-9-2023

1-9-2023 Intel Guru Frank26 You can’t let your dinars out of your site. You cannot give your dinars to a small bank that will send them to a large bank and have it verified. If they get stolen. If they get lost. If the Brink’s truck rolls over and burns up and the dinar are destroyed, they’ll give you what you paid for them but they’re not going to give you the exchange rate for it. It wasn’t converted…God gave you these dinars as a blessing for you to be responsible and stewardship and you’re learning how to do that… Read more…

Iraqi Dinar/US Dollar auction results for today 1-9-2023

Iraqi Dinar/US Dollar auction results for today 1-9-2023

Results of the foreign currency sale window Monday 1/9/2023
Announcement No. (4802) Read more…

The law directs a request to the government and parliament regarding the “crisis” of the dollar

The law directs a request to the government and parliament regarding the “crisis” of the dollar

1-9-2023

Information / special..
A member of the State of Law Coalition, Fadel Mawat, confirmed, on Monday, that the effects of the crisis of the high price of the dollar began to appear on the citizens, adding that the government and parliament are required to find urgent solutions Read more…

Al-Maliki’s coalition: government intention to reduce the exchange rate of the dollar to 137,500

Al-Maliki’s coalition: government intention to reduce the exchange rate of the dollar to 137,500

2023-01-09 02:35

Shafaq News/ The State of Law Coalition, led by Nuri al-Maliki revealed, on Monday, the intention of the government of Muhammad Shia’ al-Sudani to reduce the price of the dollar in the 2023 budget bill.

The leader of the coalition, Fadel Mawat, told Shafaq News agency, “The reasons for the dollar’s high exchange rate are American intervention and pressure, Read more…

Iraqi Dinar Guru opinions 1-8-2023

Iraqi Dinar Guru opinions 1-8-2023

1-8-2023 Newshound Guru Paulette Many try to compare Vietnam and Iraq when evaluating the currency. Most of these comparisons are flawed: “…Vietnam has a very low rate and their economy is one of the fastest growing…” This is a totally irrelevant comparison. The rate is not the issue. The issue is IMF Article 8 Compliance. This allows Freedom of Movement of capital in and out of the country. Read more…

Iraqi Dinar Guru opinions 1-7-2023

Iraqi Dinar Guru opinions 1-7-2023

1-7-2023 Newshound/Intel Guru Walkingstick [via Frank26] The announcement is about timing – concerning the new exchange rate. I wonder if the CBI governor will even make it through that time period…he’s got to do his job… Article: “A source reveals behind the scenes of the news that talked about the dismissal of the governor of the Central Bank” Read more…

Iraqi Dinar Guru opinions 1-6-2023

Iraqi Dinar Guru opinions 1-6-2023

1-6-2023 Newshound/Intel Guru Mnt Goat Article: “FOR THE FIRST TIME, CENTRAL BANK SALES ARE DEVOID OF FOREIGN REMITTANCES” Quote: “the central bank sold today, during its auction for buying and selling US dollars, 43 million and 500 thousand dollars…” They have told us Iraq needs about 60 million in currency auctions sales a week to meet the demand of the Iraq economy. So this sales is just about where they expect it. Also this time the auctions sold only CASH and no large electronic transfers… Read more…

Economic security..and banking companies

Economic security..and banking companies

2023-01-06

Rahim Al-Daradji
The US Treasury has given signals to the Central Bank that it will reduce the amount of dollars (cash cash) in the Iraqi market so that it does not reach the smuggling networks. Therefore, today we are witnessing measures to stop the state of chaos that facilitated money laundering operations in Iraq and to stop the work of illegal networks that operate across borders to disrupt the banking system. This was confirmed by the statement of the Central Bank of Iraq Read more…

Iraqi Dinar Guru opinions 1-5-2023

Iraqi Dinar Guru opinions 1-5-2023

1-5-2023 Newshound/Intel Guru Walkingstick [via Frank26] The goal of the CBI is for the Iraqi dinar to leave it’s borders and when it leaves its borders …not let it get out of hand. It will have tight bands/restrictions on it of +/- 3%…until the CBI decides we reached our REER (Real Effective Exchange Rate) of the Iraqi dinar. This goal will be monitored/driven by predetermined measures with a predetermined exchange rate established. Read more…

Iraqi Dinar Guru opinions 1-4-2023

Iraqi Dinar Guru opinions 1-4-2023

1-4-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The big news is we finally heard news on when the budget will be in parliament… FRANK: That’s wonderful news…I believe what Sudani is telling you…The monetary reform is moving very very quickly… FIREFLY: Yes, within 2 weeks it will be inside parliament. FRANK: If they truly stick to the schedule of two weeks then my trifecta might actually happen around that time – a seated/announced government, an announced and open budget for 2023 and a new exchange rate with new small category notes to match it… Read more…

Iraqi Dinar/US Dollar auction results for Sunday 1-8-2023 executed today 1-4-2023

Iraqi Dinar/US Dollar auction results for Sunday 1-8-2023 executed today 1-4-2023

The results of the foreign currency sale window, Sunday, 1/8/2023
Announcement No. (4801) Read more…