Posts Tagged ‘Iraqi Dinar’

Poor management and planning of Iraq’s resources caused the rise of the dollar against the Iraqi dinar

Poor management and planning of Iraq’s resources caused the rise of the dollar against the Iraqi dinar

12-5-2022

Researcher Shatha Khalil*
The deterioration of the Iraqi economy and the collapse of the currency and its reflection on the Iraqi citizen is the most important reason for the demand to raise the value of the Iraqi dinar against the US dollar. Representatives made decisions that restore the exchange rate of the dollar Read more…

Iraqi Dinar Guru opinions 12-4-2022

Iraqi Dinar Guru opinions 12-4-2022

12-4-2022 Newshound/Intel Guru Mnt Goat Welcome to the month of December! This is a very critical month for us investors in the IQD for if we are going to see any action by the CBI to reinstate the dinar anytime in January 2023. We must begin to hear news from them over the change out of the paper currency in circulation to the lower denominations to accommodate the new rate which they call the “project to delete the zeros”, which we all hope will be finally out of the program rate and to a much higher once on FOREX. Yes, a rate reflecting the true VALUE of the IQD, a rate we are all looking for. Read more…

Iraqi Dinar/US Dollar auction results for Monday 12-5-2022 executed today 12-4-2022

Iraqi Dinar/US Dollar auction results for Monday 12-5-2022 executed today 12-4-2022

The results of the foreign currency sale window, Monday, 12/5/2022
Announcement No. (4779) Read more…

Iraqi Dinar Guru opinions 12-3-2022

Iraqi Dinar Guru opinions 12-3-2022

12-3-2022 Newshound/Intel Guru Walkingstick [via Frank26] [Walkingstick’s Iraqi Bank partner/friend update] Iraqi BANK FRIEND: When they announce the government of Iraq is finally seated the new budget will be introduced to parliament…The budget is a number of laws within a law. It is at that time that they will expose the laws. These laws will be read upon the receiving the budget to parliament. The reading of the budget laws by line item…will reveal the exchange rate. Read more…

Iraqi Dinar Guru opinions 12-2-2022

Iraqi Dinar Guru opinions 12-2-2022

12-2-2022 Newshound/Intel Guru Walkingstick [via Frank26] [Walkingstick’s Iraqi Bank partner/friend update] All the private banks and the CBI are meeting right now…the #1 thing we are discussing…is the money laundering. Most of this has been dealt with…we are constantly talking about the new small category notes – Where to store them. How to issue them…and we are in conversation about the exchange rate we are about to release. Also, we meet with the CBI to talk about the international float…the currency exchange process… Read more…

Iraqi Dinar Guru opinions 12-1-2022

Iraqi Dinar Guru opinions 12-1-2022

12-1-2022 Newshound/Intel Guru Mnt Goat Article: “IRAQ’S OIL GENERATES MORE THAN 8 BILLION DOLLARS IN ONE MONTH” WOW! WOW! WOW! This is a filthy rich country! Yes, and the dinar is still 1/6 of a penny? …The monthly revenue of the IQD is more than twice that of the economy of Kuwaiti KWD, their neighbor yet Kuwaiti dinar is KWD 1 equaling US$3.26 (up 26% today) and the Iraqi dinar IQD equaling only 1/6 of a $US0.01. Can you see the artificial suppression of the IQD. Why? When will they allow the true value of the IQD to be reflected in its rate and have the rate traded internationally like the KWD? Read more…

Iraqi Dinar/US Dollar auction results for Sunday 12-4-2022 executed today 12-1-2022

Iraqi Dinar/US Dollar auction results for Sunday 12-4-2022 executed today 12-1-2022

The results of the foreign currency sale window, Sunday, 12/4/2022
Announcement No. (4778) Read more…

Iraqi Dinar Guru opinions 11-30-2022

Iraqi Dinar Guru opinions 11-30-2022

11-30-2022 Newshound/Intel Guru Mnt Goat …Iraq is planning something in early 2023. There is just too many actions going on in the monetary reforms now all of a sudden since October to think otherwise. First, there is a new rate in the QFS and it is a fantastic rate. For months the rate for the IQD was blank now it is recalculated. Second, the new prime minister is pushing to get the 2023 budget out to parliament by the end of November then to have parliament vote and pass into law by the end of December…if they can do it, we have a very real possibility of a reinstatement in January 2023, at least I am hearing this is a target period for the CBI… Read more…

Iraqi Dinar/US Dollar auction results for Thursday 12-1-2022 executed today 11-30-2022

Iraqi Dinar/US Dollar auction results for Thursday 12-1-2022 executed today 11-30-2022

The results of the foreign currency sale window, Thursday 12/1/2022
Announcement No. (4777) Read more…

Iraqi Dinar Guru opinions 11-29-2022

Iraqi Dinar Guru opinions 11-29-2022

11-29-2022 Intel Guru Frank26 Ladies and gentlemen drum roll! We have Article 140…We have HCL…Now that equals Article VIII. Article VIII is what every contract…country…investor have been waiting for. Article VIII tells the people to bring their money into this country of Iraq. They are now secure. All the banking systems are international, modern, up-to-date. We’re even about to add value to it with a new exchange rate. They know what’s going on… Read more…

Iraqi Dinar/US Dollar auction results for Wednesday 11-30-2022 executed today 11-29-2022

Iraqi Dinar/US Dollar auction results for Wednesday 11-30-2022 executed today 11-29-2022

The results of the foreign currency sale window, Wednesday, 11/30/2022
Announcement No. (4776) Read more…

Association of Banks: The Central Bank’s initiative lent two trillion dinars to 30,000 people

Association of Banks: The Central Bank’s initiative lent two trillion dinars to 30,000 people

2022-11-29 03:31

Shafaq News / The Iraqi Private Banks Association announced, on Tuesday, that more than 30,000 citizens have obtained a loan since the start of the Central Bank’s initiative to finance small projects amounting to 4 trillion dinars, noting that the initiative Read more…

Iraqi Dinar Guru opinions 11-28-2022

Iraqi Dinar Guru opinions 11-28-2022

11-28-2022 Intel Guru Frank26 Lets see if we can get a seated
government by the 9th of December because that would be so good for January 1, 2023. Read more…

Iraqi Dinar/US Dollar auction results for Tuesday 11-29-2022 executed today 11-28-2022

Iraqi Dinar/US Dollar auction results for Tuesday 11-29-2022 executed today 11-28-2022

The results of the foreign currency sale window are Tuesday 11/29/2022
Announcement No. (4775) Read more…

Iraqi Dinar Guru opinions 11-27-2022

Iraqi Dinar Guru opinions 11-27-2022

11-27-2022 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The CBI can’t show their hand because of things like insider trading laws would prevent this. But we believe our paths are going to get brighter and brighter… FRANK: They know to ignore the Framework and the false media. They know what Sudani is doing for them and the governor of the CBI…They know the CBI is trying to keep a low profile. Read more…

Iraqi Dinar/US Dollar auction results for 11-28-2022 executed today 11-27-2022

Iraqi Dinar/US Dollar auction results for 11-28-2022 executed today 11-27-2022

The results of the foreign currency sale window, Monday 11/28/2022
Announcement No. (4774) Read more…

Iraqi Dinar Guru opinions 11-26-2022

Iraqi Dinar Guru opinions 11-26-2022

11-26-2022 Newshound/Intel Guru Mnt Goat …my contact in the CBI says to me they are still planning a major move sometime in January 2023 with the dinar if the 2023 budget can be passed by the end of December… Read more…

Iraqi Dinar Guru opinions 11-25-2022

Iraqi Dinar Guru opinions 11-25-2022

11-25-2022 Newshound Guru Samson Article: “Iraq is fifth in the world in oil reserves, the cheapest to extract and the most profitable” Quote: “the oil reserves in Iraq and Saudi Arabia are close to the surface and on the ground, which makes access to oil more accessible and the extraction process more cost-effective and more profitable.” Read more…

Iraqi Dinar Guru opinions 11-24-2022

Iraqi Dinar Guru opinions 11-24-2022

11-24-2022 Newshound/Intel Guru Mnt Goat …the good new this period is that they are cracking down on the corrupt banks in Iraq as they already closed 14 of them. Next the US Treasury is in Iraq briefing over 35 of the existing banks how to conduct their banking practices and “best practices” for the banking sector…So why are they cracking down so heavily now? …I am hearing from my CBI source that part of why the US Treasury is now in Iraq is also to review and implement measures for auditing the expenditures of the 2023 budget once it is opened. Read more…

Iraqi Dinar/US Dollar auction results for Sunday 11-27-2022 executed today 11-24-2022

Iraqi Dinar/US Dollar auction results for Sunday 11-27-2022 executed today 11-24-2022

The results of the foreign currency sale window, Sunday, 11/27/2022
Announcement No. (4773) Read more…