Posts Tagged ‘Iraqi Dinar’

British newspaper accuses America of the deterioration of the Iraqi dinar against the dollar

British newspaper accuses America of the deterioration of the Iraqi dinar against the dollar

12-26-2022

Information/translation.
A report by the British newspaper, The National, confirmed, on Monday, that the measures taken by the US Federal Reserve Bank, by emphasizing the conversion of dollars, led to a decrease in the value of the Iraqi dinar on the black market.

And the report, which was Read more…

Iraqi Dinar Guru opinions 12-25-2022

Iraqi Dinar Guru opinions 12-25-2022

12-25-2022 Intel Guru Frank26 2003 – That was 20 years ago. Don’t you think, would it be fair, wouldn’t only be logical, could we assume that the Iraqi dinar has gone up in value? Especially with the massive attention everyone is giving Iraq right now under the table quietly? So .26 which is approximately $3.22 is Ok. Then it wouldn’t be too bad to consider .29 is $3.44 …Remember what Kuwait said to the IMF? You can help them with their monetary reform but don’t you dare let their currency be higher than our exchange rate…what is Kuwait’s exchange rate? Read more…

A financial expert explains the reason for the continued rise in the exchange rate of the dollar against the dinar

A financial expert explains the reason for the continued rise in the exchange rate of the dollar against the dinar

12-25-2022

Information / Baghdad ..
Financial expert Ahmed Buraihi explained, on Sunday, the main reason behind the continued rise in the exchange rate of the US dollar against the Iraqi dinar, stressing that had it not been for government measures, the boom would have been more.
Buraihi said in a statement to Al-Maalouma, “The reason for the continued high exchange rate of the dollar against the Iraqi dinar is due to Read more…

Sulaymaniyah.. cautious dealing with the rise of the dollar, and an expert identifies two reasons

Sulaymaniyah.. cautious dealing with the rise of the dollar, and an expert identifies two reasons

2022-12-25 03:35

Shafaq News/ The exchange rate of the US dollar rose today, Sunday, to its highest level in years, as the value of 100 dollars on the Sulaymaniyah Stock Exchange reached more than 154 thousand Iraqi dinars, which was reflected in Read more…

Iraqi Dinar Guru opinions 12-24-2022

Iraqi Dinar Guru opinions 12-24-2022

12-24-2022 Newshound/Intel Guru Mnt Goat …the reinstatement must happen on FOREX and the redenomination of the dinar prior to us going to the bank and exchanging. Secondly the holdup is purely political…We can see that Iraq has grown financially beyond expectations and certainly is more than ready to be fully re-integrated back into the financial systems of the global markets. There is a very good article …entitled “2022…A DEFINING YEAR IN POLITICAL LIFE IN IRAQ AND OPTIMISM ABOUT “HOPE”. It…just about sums up this past year of turmoil in Iraq that finally ended in stability…the future is…extremely bright for the Iraqi dinar. This past year we have NEVER seen so much talk and debate from Iraq over what to do with the dinar. Read more…

Iraqi Dinar Guru opinions 12-23-2022

Iraqi Dinar Guru opinions 12-23-2022

12-23-2022 Newshound/Intel Guru Walkingstick [via Frank26] The CBI is leaving a big trail. If we were on a hunting expedition it would be easy to read and follow these tracks. It would be easy to see they are in the middle of a major change to their banking structure – from a de-pegging to an International float via a pairing in a basket of currency that the IQD will be benefited from… Read more…

Iraqi Dinar Guru opinions 12-22-2022

Iraqi Dinar Guru opinions 12-22-2022

12-22-2022 Intel Guru Bruce [via WiserNow] …redemption center staff had meetings…And yeah all the players are on the initial call, Treasury Secretary Minuchin – Judy Shelton – other key figures and then I believe the later calls were probably with the six major banks, international banks…I know they did finally settle in on a contract rate on the dinar which I cannot disclose, but it’s quite high…remember…Dr. Shabibi of Iraqi’s central bank…when he spoke to the International Chamber of Commerce in Washington DC in 2012…and he gave that rate. We’ve…had confirmation that…the big screens had indeed exceeded that rate…This is going to be a life changing event for us. Read more…

A government bank starts selling the dollar at the official rate

A government bank starts selling the dollar at the official rate

12-22-2022 10:52 AM

Today, Thursday, the Industrial Bank announced the directives of the Central Bank to sell dollars for travel purposes.

The bank said in a statement received by “Tigris”, that “according to the directives of the Central Bank of Iraq, the procedures for selling the dollar Read more…

Iraqi Dinar Guru opinions 12-21-2022

Iraqi Dinar Guru opinions 12-21-2022

12-21-2022 Intel Guru Frank26 Article: “Launching the first electronic platform for financial trading via the Internet” THEY TOLD [Boots on the ground Firefly] WHEN WE SIGN THE HCL WITH THE KURDS… THE IRAQI DINAR WILL FLOAT INTERNATIONALLY! …when it floats it’s ‘pairing’… What is the CBI trying to tell the citizens of Iraq? Your currency is about to leave its borders, de-peg from the American dollar [and] pair within a basket… Quote: “The online trading system for the shares of Iraqi joint-stock companies will be launched – for Go Life investors, starting from the session on Sunday 1/29/2023,” … that means it’s going to float. Read more…

Iraqi Dinar Guru opinions 12-20-2022

Iraqi Dinar Guru opinions 12-20-2022

12-20-2022 Intel Guru Frank26 Article: “New App allows Iraqis to trade US-Listed Stocks” INTERNATIONAL PLATFORM FROM THE CBI TO REMOVE THE BLUES OF THE CITIZENS…behold…an app for the Iraqi citizens…so they can move currency in and out of their country and so they can buy stocks listed outside of their country. If you don’t understand this you don’t belong in this investment…How come they haven’t been able to do that for the last 20 years? Because they’ve been on a program rate…I’m sorry anybody that tells you the Iraqi dinars are not going up in value is simply ignorant…this is not for a program rate. This is for a powerful currency. Read more…

The imbalance of the dinar and the toman against the dollar caused a loss of 80% of Sulaymaniyah merchants

The imbalance of the dinar and the toman against the dollar caused a loss of 80% of Sulaymaniyah merchants

2022-12-20 00:51

Shafaq News/ Specialists in the field of financial transactions in Sulaymaniyah Governorate confirmed today, Tuesday, that 80% of the currency dealers in the province incurred losses due to the instability of the price of the Iranian “Toman” and the Iraqi dinar against the foreign currency, “the dollar”.

The financial expert, Shwan Muhammad, told Read more…

The Kurdistan National Assembly talks about “fruitful negotiations and concessions” in the 2023 budget

The Kurdistan National Assembly talks about “fruitful negotiations and concessions” in the 2023 budget

2022-12-20 07:13

Shafaq News/ The representative of the Patriotic Union of Kurdistan bloc, Sarwa Muhammad, described today, Tuesday, the ongoing negotiations between the governments of Erbil and Baghdad on the 2023 budget as “fruitful”, noting that “concessions” were made by the two parties in order to Read more…

Iraqi Dinar Guru opinions 12-19-2022

Iraqi Dinar Guru opinions 12-19-2022

12-19-2022 Newshound Guru Clare Article: “New App allows Iraqis to trade US-Listed Stocks” Quote: “the company was recently approved by the Central Bank in Iraq (CBI) as the first and only company to offer international money transfer service…It has triggered other fintech-provided services such as a multi-currency solution that opens up a new horizon of opportunities in the Iraqi market.” Read more…

Iraqi Dinar/US Dollar auction results for Thursday 12-22-2022 executed today 12-19-2022

Iraqi Dinar/US Dollar auction results for Thursday 12-22-2022 executed today 12-19-2022

The results of the foreign currency sale window, Thursday 12/22/2022
Announcement No. (4792) Read more…

Iraqi Dinar/US Dollar auction results for Wednesday 12-21-2022 executed today 12-19-2022

Iraqi Dinar/US Dollar auction results for Wednesday 12-21-2022 executed today 12-19-2022

The results of the foreign currency sale window, Wednesday, 12/21/2022
Announcement No. (4791) Read more…

Iraqi Dinar/US Dollar auction results for Tuesday 12-20-2022 executed yesterday 12-18-2022

Iraqi Dinar/US Dollar auction results for Tuesday 12-20-2022 executed yesterday 12-18-2022

The results of the foreign currency sale window, Tuesday, 12/20/2022
Announcement No. (4790) Read more…

Iraqi Dinar Guru opinions 12-18-2022

Iraqi Dinar Guru opinions 12-18-2022

12-18-2022 Newshound/Intel Guru Mnt Goat The news this period is almost all about the corruption in Iraq and what they plan to do about it…there is no way out of these corruption schemes unless these currency auctions end. To end them they will have to reinstate the dinar and trade it globally…Why won’t the IMF or the US take responsibility and do the reinstatement? It is because of all the corruption… It all goes back to…“what comes first the cart or the horse”? In other words, do they reinstate the dinar and then hope the corruption will end or do they end the corruption first, reducing the risk of failure in the reinstatement? I believe they have taken this second option… Read more…

Iraqi Dinar/US Dollar auction results for Monday 12-19-2022 executed today 12-18-2022

Iraqi Dinar/US Dollar auction results for Monday 12-19-2022 executed today 12-18-2022

Results of the foreign currency sale window Monday 12/19/2022
Announcement No. (4789) Read more…

Who is behind the looting and smuggling of Iraq’s money?

Who is behind the looting and smuggling of Iraq’s money?

12-18-2022

Private banks were established in Iraq to be a main supporter of the economic development process, but what happened is the exact opposite, as these banks became a demolition factor for development and corruption became one of the problems that the banking system in Mesopotamia suffers from , in addition to Read more…

Iraqi Dinar Guru opinions 12-17-2022

Iraqi Dinar Guru opinions 12-17-2022

12-17-2022 Intel Guru Frank26 Question: “How long will Iraq allow the 3-zero notes to be out there?” Probably a long time. Why? Because the satellite banks that they established around the world need to vacuum these back into the CBI. If you go to an American Bank the dinars will go to the United States Treasury in our foreign reserves. If you go to one of the satellite banks from the CBI somewhere in the U.S of A your dinars go back to the CBI. Read more…