Posts Tagged ‘Iraqi Dinar’

Iraqi Dinar Guru opinions 2-20-2021

Iraqi Dinar Guru opinions 2-20-2021

2-20-2021 Newshound Guru MilitiaMan Articles: “The Kurdish delegation reveals the latest results of its negotiations with Baghdad on the budget” ; The Kurdistan government confirms that a quasi-agreement has been reached between Baghdad and Erbil” It looks to me like they have a deal since 12/2020 and now seem to be hammering out past arrears. …Looks like they have a new formula to use too. It goes to the thinking that a new formula is based of a future exchange rate differential. They will have to have be part of the electronic system at the borders to exclusively to the non oil revenues to the treasury. Sure looks like…a digital requirement… A level playing field… They sure seem to suggest that they will have this sorted this next week or between now and then anyway…We shall see… Read more…

The dollar is stabilizing as the Iraqi Stock Exchange stops trading due to the curfew

The dollar is stabilizing as the Iraqi Stock Exchange stops trading due to the curfew

2021-02-20 00:10

Shafaq News / The main stock exchange in the Al-Kifah and Al-Harithi markets in the Iraqi capital, Baghdad, has stopped trading due to the comprehensive ban that was applied starting from Friday, and which will continue until tomorrow, Sunday.

The Shafaq News Agency correspondent said that the main stock exchange Read more…

Iraqi Dinar Guru opinions 2-19-2021

Iraqi Dinar Guru opinions 2-19-2021

2-19-2021 Newshound Guru MilitiaMan Article quote: “Following the successful completion of trials, the digital transactions scheme will be activated with participating banks on Feb. 21, according to Asharq Business.” they are to have internal digital payments on 02/21/2021. Keep in mind they connected to the BUNA system too. The Buna system is digital as well. Iraq’s border’s were to be digital or electronic on 01/15/2021. …A level playing field has a digital signature all over it… imo… I like what I see and soon to be even better!! All of the afore is not a coincidence… It is imo by design. Read more…

Iraqi Dinar Guru opinions 2-18-2021

Iraqi Dinar Guru opinions 2-18-2021

2-18-2021 Newshound/Intel Guru Mnt Goat Article: “THE PARLIAMENTARY DAWA PARTY BLOC CALLS FOR REDUCING THE DOLLAR EXCHANGE RATE AND INCLUDING THIS IN THE DRAFT FEDERAL BUDGET LAW” so some of the party blocs are even now putting pressure on the GOI to implement measures to raise the value of the dinar over the dollar. The White Paper says they must include the reform of the “project to delete the zeros”. Read more…

Iraqi Dinar/US Dollar auction results 2-18-2021

Iraqi Dinar/US Dollar auction results 2-18-2021

The results of the foreign currency sale window on Thursday 2/18/2021, and executed today

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Iraqi Dinar Guru opinions 2-17-2021

Iraqi Dinar Guru opinions 2-17-2021

2-17-2021 Newshound Guru MilitiaMan Article quote: “An economist warns of a decline in the citizen’s purchasing power as the dollar’s exchange rate continues to rise” …a move to the private sector is upon Iraq…If not disaster looms… We see that the dollar auctions are not the same as they were in the past and now there are calls now for them to cease abroad as well, imo… That is powerful. 0 $ – Auctions, means to me a rate change is coming to offset the liquidity needed to run the country with new Dinar… Fairly sure that is the plan and the world knows it… As in the G7, UST, IMF, WG, WTO, BUNA, SWIFT, etc… All support the move and even a digital one…they are all involved in the architecture of the larger plan…imo… Read more…

Iraqi Dinar/US Dollar auction results 2-17-2021

Iraqi Dinar/US Dollar auction results 2-17-2021

The results of the foreign currency sale window on Wednesday 2/17/2021, and executed today

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The dollar continues to rise in Iraq

The dollar continues to rise in Iraq

02/17/2021 11:02:29

{Baghdad: Al Furat News} The exchange rate of the dollar rose in Iraq today, Wednesday. Read more…

An economist calls for a reduction in the dollar due to the rise in oil: the decision acquired a quarter of what a citizen owned

An economist calls for a reduction in the dollar due to the rise in oil: the decision acquired a quarter of what a citizen owned

02/17/2021 15:12:08

(Baghdad: Al Furat News) An economist, Bassem Jamil Antoine, explained, on Wednesday, that the government took a quarter of the citizen’s ownership, while noting that monetary inflation weakened the purchasing power.
Antoine told {Al-Furat News}, “The decline in oil prices before Corona paralyzed the economic process in the country,” noting that “after Corona treatments were found, economic activity began to recover Read more…

Iraqi Dinar Guru opinions 2-16-2021

Iraqi Dinar Guru opinions 2-16-2021

2-16-2021 Intel Guru Frank26 Article: “Is there a threat to hard currency reserves? The Central bank explains” They’re telling you they not only have enough to back up their hard currency but also their digital currency…they are trying to tell you they have a new exchange rate…It’s right in front of your eyes. Read more…

Iraqi Dinar/US Dollar auction results 2-16-2021

Iraqi Dinar/US Dollar auction results 2-16-2021

The results of the foreign currency sale window for Tuesday 2/16/2021, and executed today

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The dollar stabilizes against the Iraqi dinar

The dollar stabilizes against the Iraqi dinar

February 16-2021 09:27 AM

The Iraqi Political Economic Center announced today, Tuesday, the exchange rates of the dollar against the Iraqi dinar, in local markets and exchange rates. Read more…

Punitive reveals: Dollar speculation with corrupt banks cost the state a trillion dinars a month

Punitive reveals: Dollar speculation with corrupt banks cost the state a trillion dinars a month

Tuesday 16 February 2021 | 01:56 PM

Member of the Parliamentary Legal Committee, Hussein Al-Aqabi, revealed, on Tuesday, that Iraq had lost a trillion dinars as a result of speculation adopted by corrupt private banks after the conflicting news about the price of the dollar, indicating that the only solution is to return the dollar to its current price .

“We call on the judiciary and the public prosecutor to open a file Read more…

Representative economy: the difference in the exchange rate of the dollar against the dinar will be used to bridge the financial gap

Representative economy: the difference in the exchange rate of the dollar against the dinar will be used to bridge the financial gap

Tuesday 16 February 2021 | 09:47 am

A member of the Parliamentary Economic and Investment Committee, Hamed Al-Mousawi, confirmed that the difference in the exchange rate of the dollar against the dinar will be used to bridge the financial gap, pointing out that the state is going towards supporting the private sector to attract the largest number Read more…

Iraqi Dinar Guru opinions 2-15-2021

Iraqi Dinar Guru opinions 2-15-2021

2-15-2021 Newshound Guru Pimpy Article: “The price of a barrel of Brent crude oil reaches $62.34” It seems like it’s going up about a buck or so every couple weeks. This is good. Keep on going up. I know we want Iraq to rely on something else other than oil but it sure would be nice if they got a lot of revenue higher than what they budgeted for. This can help them really start taking a lot of these monies…so they can start developing and reconstructing Iraq, provide jobs to the public. This is what we’re looking for…as there’s more jobs that are available then…the dinar becomes stronger. Read more…

Iraqi Dinar /US Dollar auction results 2-15-2021

Iraqi Dinar /US Dollar auction results 2-15-2021

The results of the foreign currency sale window on Monday 2/15/2021, and executed today

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Parliamentary committee: The goal of devaluing the dinar has not been achieved

Parliamentary committee: The goal of devaluing the dinar has not been achieved

Monday, February 15, 2021 | 11:06 AM

Anam Al-Khuzai, a member of the Parliamentary Government Program Monitoring Committee, promised Monday (February 15, 2021) that the allegations of revitalizing the national product by reducing the value of the dinar had not been fulfilled despite the passage of two months after the reduction of the national currency, while she warned that maintaining the reduced price would lead to waves Read more…

Al-Faily: We renew the demand to return the dollar exchange rate to (1,300) dinars per dollar

Al-Faily: We renew the demand to return the dollar exchange rate to (1,300) dinars per dollar

Monday, February 15, 2021 | 01:30 p.m.

Today, Monday, MP for the National Approach bloc, Mazen Al-Faily, renewed the demand to restore the dollar exchange rate to (1,300) dinars per dollar.

Al-Faily said, in a press statement, that “we do not rule out that the goal of the decision to raise the exchange rate of the dollar is to collect obscene profits from the influential parties in the currency auction market Read more…

A list of prices of the dollar and foreign currencies in the Iraqi market for today

A list of prices of the dollar and foreign currencies in the Iraqi market for today

2/15/2021 12:56

[Baghdad-Where]
published a list for this day, Monday (February 15, 2021). The prices of dollars and foreign currencies in the Iraqi market Read more…

Iraqi Dinar Guru opinions 2-14-2021

Iraqi Dinar Guru opinions 2-14-2021

2-14-2021 Newshound/Intel Guru Mnt Goat …I talked about Iraq joining the Bona service for currency exchange practices between middle eastern countries. I explained what this may mean for the Iraq dinar. Now they can pay for imports using the dinar. This will allow the currency auctions to finally end… Read more…