Posts Tagged ‘Iraqi Dinar’

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
Advertisement No. (4654) Read more…

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…

Iraqi Dinar/US Dollar auction results for Sunday 5-29-2022 executed today 5-26-2022

Iraqi Dinar/US Dollar auction results for Sunday 5-29-2022 executed today 5-26-2022

Results of the foreign currency sale window Sunday 29/5/2022
Announcement No. (4653) Read more…

Government Adviser: Counts the benefits of rising Iraq’s reserves of the dollar

Government Adviser: Counts the benefits of rising Iraq’s reserves of the dollar

2022-05-26 08:18

Shafaq News/ The financial advisor to the Prime Minister, Mazhar Muhammad Salih, stated on Thursday that the rise in the central bank’s hard currency reserves will positively affect the Iraqi dinar and the ability to curb inflation, indicating that the existing reserves have almost covered the Iraqi dinar.

Saleh said in an interview Read more…

Iraqi Dinar Guru opinions 5-25-2022

Iraqi Dinar Guru opinions 5-25-2022

5-25-2022 Newshound/Intel Guru Mnt Goat I am getting information both from Iraq and from the US Treasury indicating that the formation of the new government is close at hand and will be announced soon. The rate of the dinar in the system is now over $6 however I am having a difficult time grasping my arms around this rate. I can not believe they would actually start at this rate. It…will probably come out at around $3+ or maybe low $4. But this is just my observance of studying this situation for over 17 years now. Read more…

Iraqi Dinar/US Dollar auction results for Thursday 5-26-2022 executed today 5-25-2022

Iraqi Dinar/US Dollar auction results for Thursday 5-26-2022 executed today 5-25-2022

Results of the foreign currency sale window Thursday 26/5/2022
Announcement No. (4652) Read more…

Despite The Consensus On His Failure, The Minister Of Finance Continues To Defend The Decision To Raise The Exchange Rate

Despite The Consensus On His Failure, The Minister Of Finance Continues To Defend The Decision To Raise The Exchange Rate

2022/05/25 | 10:48 AM

Information/Baghdad:

Caretaker Finance Minister Ali Allawi reiterated, on Wednesday, his defense of his government’s decision to raise the price of the dollar, which specialists and experts agreed on its failure and its negative impact on the poor and middle classes.
Allawi said, in statements reported Read more…

Iraqi Dinar Guru opinions 5-24-2022

Iraqi Dinar Guru opinions 5-24-2022

5-24-2022 Newshound/Intel Guru Mnt Goat …Like no time before we are very, very close to the reinstatement. I have proof that the reinstatement was planned for January but was delayed due to security issues that I can not talk about… But now it is May already and I am hearing that all the preparations are in place and the IMF and the US Treasury are just waiting for the final push to do it… Read more…

Iraqi Dinar/US Dollar auction results for Wednesday 5-25-2022 executed today 5-24-2022

Iraqi Dinar/US Dollar auction results for Wednesday 5-25-2022 executed today 5-24-2022

The results of the foreign currency sale window Wednesday 25/5/2022
Announcement No. (4651) Read more…

Iraqi Dinar Guru opinions 5-23-2022

Iraqi Dinar Guru opinions 5-23-2022

5-23-2022 Newshound Guru MilitiaMan The next Parliament sessions this next week look to be packed with importance…The Oil and Gas Law is on the table…The Emergency Food and Security Law is slated for a second reading come Wednesday and in that week following for a vote… With having an agreement politically to remove the blockage and that the financial side of things are completed, as noted by the recent Mission Accomplished between the CBI and the World Bank… Read more…

Iraqi Dinar Guru opinions 5-22-2022

Iraqi Dinar Guru opinions 5-22-2022

5-22-2022 Newshound Guru MilitiaMan Article ” Khazali reveals that al-Sadr accepted deputies from al-Maliki’s coalition to form a government and urges him to take an order” We will be watching closely from here on out…They have pressure on all fronts now from the looks of it politically. As for the finance side of things the CBI, IMF and World Bank have had good reports and finished missions. I see this all coming to a head now. They all know that if they don’t act they will not survive…follow the money… Leaks suggests there is about 12 billion to watch…IMO. Read more…

Iraqi Dinar/US Dollar auction results for Monday 5-23-2022 executed today 5-22-2022

Iraqi Dinar/US Dollar auction results for Monday 5-23-2022 executed today 5-22-2022

The results of the foreign currency sale window Monday 5/23/2022

Announcement No. (4650) Read more…

Baghdad markets close at a drop in dollar prices

Baghdad markets close at a drop in dollar prices

2022-05-22 08:17

Shafaq News/ The exchange rates of the dollar decreased against the Iraqi dinar, today, Sunday, with the closure of the main stock exchange in Baghdad. Read more…

Iraqi Dinar Guru opinions 5-21-2022

Iraqi Dinar Guru opinions 5-21-2022

5-21-2022 Newshound Guru Clare Article: “Iraq achieves a financial surplus of more than 11.4 trillion dinars in the first quarter of 2022” Read more…