Posts Tagged ‘Iraqi Dinar’

Dollar exchange rates in local markets for today

Dollar exchange rates in local markets for today

2/25/2021 11:57

[Baghdad-Where]
The exchange rates of the dollar on the main stock exchange and local markets in the capital, Baghdad, recorded a remarkable decline for the fourth consecutive day on Thursday. Read more…

Iraqi Dinar Guru opinions 2-24-2021

Iraqi Dinar Guru opinions 2-24-2021

2-24-2021 Newshound Guru Jeff Iraq is walking in Kuwait’s footsteps. Kuwait reinstated their currency on March 21, 1991 on Sunday…Iraq is transitioning to the same original fiscal year exactly where they were before the 1990 sanctions. They’re going back to their original fiscal period. I already spoke with the Iraqi government so I have confirmed this. I know for a fact Iraq is transitioning. That’s why they told you they’ll be presenting the budget in just a few months…we are in the best position. History is repeating itself between Iraq and Kuwait…we are very very close to this… Read more…

Iraqi Dinar/US Dollar auction results 2-24-2021

Iraqi Dinar/US Dollar auction results 2-24-2021

The results of the foreign currency sale window on Wednesday 2/24/2021 and executed today

Advertisement No. (4365) Read more…

Iraqi Dinar Guru opinions 2-23-2021

Iraqi Dinar Guru opinions 2-23-2021

2-23-2021 Intel Guru MarkZ [via PDK] [Have you heard they are deleting the zeros?] This is how it has worked in the past-in all countries that have revalued…this is how its going to work this time…this is how it has worked in Kuwait…in Japan…in Germany…this is how it worked 3 times in the past in Iraq. They raise the value then they get rid of the bills that have all the zeros…its called deleting the zeros and everybody panics when they hear this…do not…. Going through the articles over the last couple of weeks they talk about raising the value and then removing the zeros. So the value goes up and the zeros go away. Lets keep the math as simple as possible. Lets say the dinar goes to $1. That means your 25,000 note would be worth $25,000 dollars… Read more…

Iraqi Dinar/US Dollar auction results 2-23-2021

Iraqi Dinar/US Dollar auction results 2-23-2021

The results of the foreign currency sale window for Tuesday 2/23/2021, and executed today

Advertisement No. (4364) Read more…

Low dollar in Iraq

Low dollar in Iraq

02/23/2021 11:43:03

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

Iraqi Dinar Guru opinions 2-22-2021

Iraqi Dinar Guru opinions 2-22-2021

2-22-2021 Newshound Guru MilitiaMan Article: “Advisor Al-Kazemi: Iraq is on the edges of economic recovery in two areas?…” Quote: “It was also “expressed” in the white paper recently approved by the Council of Ministers by establishing a blueprint and an institutional entity (for economic reform), which is the linchpin of this developmental sustainability.” Looks like Iraq has been given the GREEN LIGHT!! …I like the use of the word expressed…It means to me they have a mechanism that has an expression to it. As in an international way of expressing their mechanism or exchange rate to the world that is in the white paper recently. They’ll need it as it is the CORNER STONE or foundation of the reconstruction effort and the overall country’s reforms going forward…Imo. Game is about to kick off. imo. Read more…

The Central Bank of Iraq sells more than $ 81 million in a currency auction

The Central Bank of Iraq sells more than $ 81 million in a currency auction

2021-02-22 00:52

Shafaq News / The Central Bank of Iraq sales of hard currency increased, on Monday, by 100 percent, to reach $ 81 million.

Shafaq News Agency correspondent stated that the Central Bank of Iraq witnessed during its auction for the sale and purchase of foreign currencies today Read more…

Iraqi Dinar Guru opinions 2-21-2021

Iraqi Dinar Guru opinions 2-21-2021

2-21-2021 Intel Guru Footforward […Why does everyone keep saying we will only have a short time to exchange?…] Iraq is not going to sit around forever to wait for these notes to come in. They want to get them in as quickly as possible. I believe the rate will be good… Read more…

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

Advertisement No. (4361) Read more…

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

Advertisement No. (4360) Read more…

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

Advertisement No. (4359) Read more…