Posts Tagged ‘Iraqi Dinar’

Iraqi Dinar/US Dollar auction results for Tuesday 6-7-2022 executed today 6-6-2022

Iraqi Dinar/US Dollar auction results for Tuesday 6-7-2022 executed today 6-6-2022

The results of the foreign currency sale window Tuesday 06/07/2022
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Government Revenues At The End Of 2022 Will Reach 142 Trillion Dinars

Government Revenues At The End Of 2022 Will Reach 142 Trillion Dinars

06/06/2022 | 3:33 PM

Information / Baghdad..

The Ministry of Finance announced, on Monday, the data for the month of April, indicating that the total oil revenues until the month of April amounted to 45 trillion dinars, and non-oil revenues amounted to 2 trillion dinars.

And the ministry stated, in a report Read more…

Iraqi Dinar Guru opinions 6-5-2022

Iraqi Dinar Guru opinions 6-5-2022

6-5-2022 Newshound Guru Tivon People need to really understand how close we are. They told you repeatedly that the Food Security Law is synonymous with the 2022 Budget. Mazhar Saleh told you that there’s only two legislative laws that can use the oil surplus or reserves. Which is FSL & The Budget…Because voting on the FSL is equivalent to voting on and opening the 2022 Budget. If they are both synonymous and we know the budget requires a rate change. Wouldn’t the same be true for the FSL? Read more…

Iraqi Dinar/US Dollar auction results for Monday 6-6-2022 executed today 6-5-2022

Iraqi Dinar/US Dollar auction results for Monday 6-6-2022 executed today 6-5-2022

The results of the foreign currency sale window Monday 6/6/2022
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Iraqi Dinar Guru opinions 6-4-2022

Iraqi Dinar Guru opinions 6-4-2022

6-4-2022 Intel/Newshound Guru RVAlready Oil price is $119.70 per barrel. With Iraq’s low extraction costs, they are raking in the bucks. This means a 2 million barrel supertanker holds about $240,000,000 worth of oil. Nice pocket change. Iraq exports 4.6 million barrels per day, or 2.3 supertankers worth per day, for a daily take of about $550 million per day. A pretty nice haul, at an extraction cost of about 3%. Plenty of profit to go around. Read more…

Iraqi Dinar Guru opinions 6-3-2022

Iraqi Dinar Guru opinions 6-3-2022

6-3-2022 Newshound/Intel Guru Mnt Goat I will be contacting the CBI soon to get an update on the project to delete the zeros… How will this next chess move begin? …I believe it will be announcements made to turn in the older, larger three zero notes and a deadline will be given. After that date the banks will no longer accept them. How long will they have I do not know. The rate will be 1:1 and…this does not mean 1:1 meaning one dinar to one dollar… it simply means the current rate of the dinar under the program rate will be the same rate assigned to the newer lower denominations when they come out. Read more…

Iraqi Dinar Guru opinions 6-2-2022

Iraqi Dinar Guru opinions 6-2-2022

6-2-2022 Newshound Guru Walkingstick [via Frank26] The importance of the latest meetings with the CBI, IMF, World Bank, all of them was to discuss and agree on the ATMs that will soon be released to the Iraqi citizens…These ATMs are now being put into position where they will be available to the citizens for the new small category notes. They talk about adding thousands and about replacing ATM machines. Read more…

Iraqi Dinar/US Dollar auction results for Sunday 6-5-2022 executed today 6-2-2022

Iraqi Dinar/US Dollar auction results for Sunday 6-5-2022 executed today 6-2-2022

The results of the foreign currency sale window, Sunday 6/5/2022
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Iraqi Dinar Guru opinions 6-1-2022

Iraqi Dinar Guru opinions 6-1-2022

6-1-2022 Newshound/Intel Guru Mnt Goat WOW! The news is not what we expected by now. It has been 7 months already since the elections were held. These politicians just can not agree on how this new Iraqi government will be formed. But we must ask our selves why…It is because Al-Sadr is stepping up his game… We know that he attempting to change the process to a “government by majority” and not a simple “quota system”… Iraq could never be a free and sovereign nation with this old, corrupt system of elections. It must be changed over… Read more…

Iraqi Dinar/US Dollar auction results for Thursday 6-2-2022 executed today 6-1-2022

Iraqi Dinar/US Dollar auction results for Thursday 6-2-2022 executed today 6-1-2022

The results of the foreign currency sale window, Thursday 2/6/2022
Announcement No. (4657) Read more…

Iraqi Dinar Guru opinions 5-31-2022

Iraqi Dinar Guru opinions 5-31-2022

5-31-2022 Newshound/Intel Guru Mnt Goat Article: “THE DISPUTE ENDS AS SOON AS IT IS LEGISLATED..THE KURDISTAN UNION SENDS AN IMPORTANT INVITATION TO BAGHDAD REGARDING OIL AND GAS” Quote: “the Federal Oil and Gas Law is still ink on paper and has not been legislated and there is no way out of the current crisis except by legislating a law regulating oil and gas.” Okay so now we have it in writing from Kurdistan in that the Federal Oil and Gas Law is still ink on paper and has not been legislated…The Kurds will use this issue to get what they want out of forming the new government. Read more…

Iraqi Dinar/US Dollar auction results for Wednesday 6-1-2022 executed today 5-31-2022

Iraqi Dinar/US Dollar auction results for Wednesday 6-1-2022 executed today 5-31-2022

The results of the foreign currency sale window Wednesday 6/1/2022
Announcement No. (4656) Read more…

Iraqi Dinar Guru opinions 5-30-2022

Iraqi Dinar Guru opinions 5-30-2022

5-30-2022 Newshound/Intel Guru Mnt Goat Article: “A WISE ADMINISTRATION RAISED THE PRICE OF THE DOLLAR.. A BOLD TALK BY THE MINISTER OF FINANCE ABOUT A SURPRISE FOR THE IRAQI ECONOMY, WHICH BODES WELL” Quote: “…confirmed the increase in cash reserves with the Central Bank to 90 billion dollars by the end of this year,…” Iraq says they have the security and certainly they have the financial stability. They repeatedly said they needed this for the project to delete the zeros and so where is it? Do you get my point? Read more…

Iraqi Dinar/US Dollar auction results for Tuesday 5-31-2022 executed today 5-30-2022

Iraqi Dinar/US Dollar auction results for Tuesday 5-31-2022 executed today 5-30-2022

The results of the foreign currency sale window Tuesday 5/31/2022
Announcement No. (4655) Read more…

Iraqi Dinar Guru opinions 5-29-2022

Iraqi Dinar Guru opinions 5-29-2022

5-29-2022 Newshound/Intel Guru Mnt Goat Next Steps: So let them iron out the details of the next government as I am hearing that it is just about completed. I suspect we may hear more details on it this weekend or early next week. Once the president is voted on it will not be long before the government is completed. I have been saying all along the Al-Kazemi will stay as the prime minister… Let’s just sit back and watch it all play out. Read more…

Iraqi Dinar/US Dollar auction results for Monday 5-30-2022 executed today 5-29-2022

Iraqi Dinar/US Dollar auction results for Monday 5-30-2022 executed today 5-29-2022

The results of the foreign currency sale window Monday 5/30/2022
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Government official: The rise in the price of the dollar in the Iraqi market is caused by “speculators”

Government official: The rise in the price of the dollar in the Iraqi market is caused by “speculators”

2022-05-29 08:16

Shafaq News/ Today, Sunday, a government official attributed the decline and rise in the local market to currency speculators.

The official, who asked not to be named, said in an interview with Shafak News Agency, “What we are witnessing today is a slight increase or decrease in the price of the dollar against the Iraqi dinar, which is due to the presence of currency Read more…

Iraqi Dinar Guru opinions 5-28-2022

Iraqi Dinar Guru opinions 5-28-2022

5-28-2022 Newshound Guru Godlover Question: “IMO, everything is in place they just have to do it…what do you believe still has to happen in order for them to be ready?” What NEEDS to happen is a seated government imo. Even if a government is “prepared” already (hiding), then it needs to be made official. A government that no one can see, is no government at all. Read more…

Iraqi Dinar Guru opinions 5-27-2022

Iraqi Dinar Guru opinions 5-27-2022

5-27-2022 Newshound/Intel Guru Mnt Goat We are now in an unprecedented period of excitement for the IQD reinstatement to happen. I am hearing nothing but good information from all the sources including the Central Bank of Iraq, the IMF and the U.S. Treasury. The initial rate on the new Quantum Financial System (QFS) is way up there to $6+. However…I can not clearly see that it would or even could come out that high. It will probably come out at about $4+. But please remember that the project to delete the zeros must happen just before or just after the reinstatement. Read more…

Iraqi Dinar Guru opinions 5-26-2022

Iraqi Dinar Guru opinions 5-26-2022

5-26-2022 Newshound/Intel Guru Mnt Goat Article: “INCREASING THE CAPITAL OF THE CENTRAL BANK ENHANCES ITS BALANCED MONETARY” Quote: “The Central Bank of Iraq announced the decision of its board of directors to increase its capital to 5 trillion dinars, an increase of 40% over its previous capital of 3 trillion dinars. 2 trillion dinars.” we can clearly see that the devaluation of dinar to rebuild the CBI reserves was a strategic move and included in the strategy of the White Paper. Now no one can say there is not Stability and Security… Read more…