Posts Tagged ‘Iraqi Dinar’

Iraqi Dinar Guru opinions 2-1-2021

Iraqi Dinar Guru opinions 2-1-2021

2-1-2021 Newshound Guru MilititMan Article: “Al-Yasiri: The Central Bank’s initiatives have contributed to employing the unemployed and moving stalled projects” Quote: “the aim of changing the exchange rates is to support the Iraqi product in competition with imported products…He explained that “some sectors will respond immediately to this change…” I would have to agree that the response will be immediately. They change the exchange rate and the markets respond in like kind. And in a big way. Contracts will require it!!! imo.. The news is off the charts good…the way they are talking today and yesterday. Comprehensive development process have been on going and we are now finally see the fruit of it all! imo Read more…

The World Bank: A global initiative to recover smuggled Iraqi funds

The World Bank: A global initiative to recover smuggled Iraqi funds

Posted, 2021-02-01

Shafaq News / The World Bank confirmed that changing the exchange rate of the Iraqi dinar against the US dollar gives the state the ability to increase its revenues and face imports from abroad.

As he indicated that his financial portfolio in Iraq currently amounts to two billion dollars, he revealed a global initiative that the World Bank is working on to recover Read more…

A remarkable increase in the sales of the Central Bank of Iraq of hard currency

A remarkable increase in the sales of the Central Bank of Iraq of hard currency

2021-02-01 00:52

Shafaq News / On Monday, the Central Bank of Iraq’s sales of hard currency increased by 26%, to more than $ 86 million.

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

The judiciary exposes the currency auction with surprising information

The judiciary exposes the currency auction with surprising information

02/01/2021 10:04:04

{Baghdad: Al Furat News} The judiciary revealed that an investigation into the auction of foreign currency sale to the Central Bank of Iraq had reached an advanced stage, “revealing” surprising information about it.
In the wake of the recent economic repercussions in the country, and after a generalization directed by the Supreme Judicial Council, the investigation court specialized in combating money laundering began conducting an investigation Read more…

Deputy: The rise in the dollar’s ​​exchange rate weakened the citizen’s purchasing power

Deputy: The rise in the dollar’s ​​exchange rate weakened the citizen’s purchasing power

2021-02-01

The head of the Rafidain Parliamentary Bloc, Yonadam Kanna, confirmed that economic development in the budget was cornered on the shelf, while noting that raising the dollar exchange rate weakened the citizen’s purchasing power by 23%.

Kanna said in a press interview, “Efforts are continuing to resolve Read more…

Today, Monday, a slight increase in the exchange rates of the dollar in the local market

Today, Monday, a slight increase in the exchange rates of the dollar in the local market

02/01/2021 12:37

[Baghdad-Where]
The exchange rate of the dollar rose, on Monday, on the main stock exchange and local markets in the capital, Baghdad. Read more…

Iraqi Dinar Guru opinions 1-31-2021

Iraqi Dinar Guru opinions 1-31-2021

1-31-2021 Newshound Guru Adam Montana [I truly believe the “HCL” will be done simultaneously with the Budget 2021 or immediately afterwards…Your thoughts?] I’m mostly in agreement there! It certainly could be done simultaneously with the Budget, but that doesn’t mean it has to be done simultaneous…however, the timing certainly is good. I’m hopeful. Read more…

A decrease in the CBI’s dollar sales by 33%

A decrease in the CBI’s dollar sales by 33%

2021-01-31 00:53

Shafaq News / The Iraqi Central Bank’s hard currency sales decreased on Sunday, with the opening of the auction for the current week, by 33%, Read more…

An economist explains how to reduce the dollar exchange rate

An economist explains how to reduce the dollar exchange rate

01/31/2021 11:51:52

{Baghdad: Al Furat News} Economic expert Basem Jamil Antoine explained the way to reduce the exchange rate of the dollar against the Iraqi dinar, indicating that there must be a plan and study and not to go with “moody”.
Antoine said in an interview with the Euphrates News Agency, “I was the first Read more…

Today, Sunday … Learn about the exchange rate of the dollar in the local markets

Today, Sunday … Learn about the exchange rate of the dollar in the local markets

01/31/2021 13:07

[Baghdad-Where]
The exchange rates of the dollar fell today, Sunday, in the main stock exchange and local markets in the capital, Baghdad.
The dollar exchange rate decreased Read more…

Iraqi Dinar Guru opinions 1-30-2021

Iraqi Dinar Guru opinions 1-30-2021

1-30-2021 Newshound Guru Jeff They’ll have the budget done by mid-February. That’s all that matters. The exact timing of this has nothing to do with the rate change. Even if they complete the budget in a week or two it has nothing to do with the timing of the rate change. The rate change will have everything to do with the timing of their fiscal year…Iraq is walking in Kuwaits footsteps…Don’t forget Iraq kind of already gave you the rate change date – when they devalued the currency on December 20th. That was a 90-day tool for the rate change…to reduce the dinar note count and get more 3 zero notes out of circulation within the country of Iraq…you guys are in the best spot you’ve ever been in. We’re looking really good… Read more…

Experts: Changing the exchange rate means re-preparing the budget completely

Experts: Changing the exchange rate means re-preparing the budget completely

01-30-2021 09:30 AM

In conjunction with the demands of some parliamentarians to raise the price of zero dinars against the dollar, economists stressed the difficulty of moving forward with this step, as it would mean a complete re-preparation of the budget.

Economists added that again manipulating the exchange rate of the Iraqi dinar will affect public revenues as well as exacerbate Read more…

Today, Saturday … Learn about the exchange rates of the dollar in the local market

Today, Saturday … Learn about the exchange rates of the dollar in the local market

01/30/2021 12:19

[Baghdad-Where]
The exchange rates of the dollar fell today, Saturday, in the main stock exchange and local markets in the capital, Baghdad.
The exchange rate of the dollar Read more…

Iraqi Dinar Guru opinions 1-29-2021

Iraqi Dinar Guru opinions 1-29-2021

1-29-2021 Newshound Guru MilitiaMan Article: “International Monetary Receives an “emergency request” from Iraq” Yep… They are not going to do that for a program rate… More to the story and the story is economic success, hence, the support from the IMF… There is give and take and Iraq is ready to give now.. imo.. Read more…

Learn the exchange rate of the dollar against the Iraqi dinar

Learn the exchange rate of the dollar against the Iraqi dinar

FRI, 29-01-2021, AM 11:00

The exchange rates of the dollar against the Iraqi dinar rose again, on Friday, in the main stock markets and local markets. Read more…

Political analyst: Large files on the central bank and the governor are not independent

Political analyst: Large files on the central bank and the governor are not independent

Posted, 01/29/2021 23:14:35

(Baghdad: Al Furat News) Political analyst Salam Al-Zubaidi confirmed the existence of large files on the Central Bank of Iraq, and its governor is “not independent.”
Al-Zubaidi said (to the Euphrates News) that “the central bank has very large indicators, specifically in the recent period, after the high exchange rate.”
He added, “There are large files on the central bank, including corruption Read more…

Iraqi Dinar Guru opinions 1-28-2021

Iraqi Dinar Guru opinions 1-28-2021

1-28-2021 Newshound Guru MilitiaMan Article: “Al-Halbousi and the Emir of Kuwait discuss activating the joint governmental and parliamentary committees between the two countries” This is about tens of billions of dollars for re construction. Clearing and Settling payments goes hand and hand with this. If we cannot see what is at play by now, one may never get it.. Wow! This is good… imo! Read more…

The Central Bank of Iraq sales decreased by 7%

The Central Bank of Iraq sales decreased by 7%

2021-01-28 00:50

Shafaq News / The Central Bank of Iraq sales of hard currency decreased, on Thursday, to $ 103 million.

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

A slight rise in the price of the dollar in Baghdad and Kurdistan

A slight rise in the price of the dollar in Baghdad and Kurdistan

2021-01-28 23:20

Shafaq News / The exchange rate of the dollar on the main stock exchange in Baghdad and Kurdistan Region increased slightly on Thursday, January 28, 2021.

The Shafaq News Agency correspondent said Read more…

Iraqi Dinar Guru opinions 1-27-2021

Iraqi Dinar Guru opinions 1-27-2021

1-27-2021 Newshound Guru MilitiaMan Article quote: “Baghdad will be able to apply for a quick loan of two billion dollars through a special mechanism in the IMF dedicated to supporting the economies of countries.” Iraq didn’t get loans in the recent past from the IMF in the manner in which they speak now… That is because they were not ready yet. Now they apparently are ready to go international., as the IMF and others are working in tandem and have precautionary measures in place to make the transition smoother along the way.. imo. Read more…