Posts Tagged ‘Iraqi Dinar’

The dollar breaks its stability and rises in Iraq

The dollar breaks its stability and rises in Iraq

02/04/2021 11:15:39

{Baghdad: Al Furat News} The exchange rate of the dollar rose in Iraq today, Thursday, after stabilizing for two days. Read more…

At the conclusion of the week’s sessions, a significant decline in the Central Bank’s dollar sales

At the conclusion of the week’s sessions, a significant decline in the Central Bank’s dollar sales

2/4/2021 14:41

[Baghdad-Where]
The Central Bank’s hard currency sales declined, Thursday, with the conclusion of its sessions for the current week.
In its daily bulletin of the currency auction, the Central Bank of Iraq stated that “sales of the dollar today decreased Read more…

Iraqi Dinar Guru opinions 2-3-2021

Iraqi Dinar Guru opinions 2-3-2021

2-3-2021 Newshound/Intel Guru Mnt Goat Article: “THE INTERNATIONAL DEVELOPMENT BANK ANNOUNCED THAT IT HAS JOINED THE BANI PLATFORM FOR CLEARING AND SETTLING ARAB PAYMENTS.” I want you to bear in mind that just because they set this up does not mean Iraq will be on it sooner than later. Remember they also set up links into the NASDAQ trading and we saw all the the hype about it…But here we are and still no RV…We may have to still wait but it is coming and this is yet another sign. It is all very good! Read more…

Source: After voting on the budget, the exchange rate of $ 100 will rise to 150,000 dinars

Source: After voting on the budget, the exchange rate of $ 100 will rise to 150,000 dinars

02-03-2021 11:57 AM

An informed political source said today, Wednesday, that the exchange rate of the dollar will rise to 150 thousand dinars for the 100 dollars, calling for avoiding the matter to urgently question the Minister of Finance and return the exchange rate to 120 thousand.

The source said in a statement Read more…

The Central Bank of Iraq records a jump in its sales of hard currency

The Central Bank of Iraq records a jump in its sales of hard currency

2021-02-03 00:55

Shafaq News / The Iraqi Central Bank’s hard currency sales resumed, on Wednesday, to rise again, by 26.47%, to reach $ 86 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…

The stability of the dollar in Iraq today

The stability of the dollar in Iraq today

02/03/2021 10:49:21

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

Iraqi Dinar Guru opinions 2-2-2021

Iraqi Dinar Guru opinions 2-2-2021

2-2-2021 Newshound Guru Jeff Article: “Parliamentary Finance meets with official from the World Bank” In the past they’ve never really had the World Bank and the IMF involved with budgets. The reason they have the World Bank involved with this one is because this budget is now linked to the rate change. It has reforms in it which the World Bank has financed. Because they financed the reforms they need to monitor what happens in Iraq financially because they have a vested interest…payments can only be paid back to the World Bank with internationally recognized currency. Read more…

The Central Bank of Iraq sales of hard currency decreased by more than 20%

The Central Bank of Iraq sales of hard currency decreased by more than 20%

2021-02-02 02:20

Shafaq News / On Tuesday, the Central Bank of Iraq sales of hard currency decreased by 20.93%, to reach $ 68 million.

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

The dollar is dropping in Iraq

The dollar is dropping in Iraq

02/02/2021 11:03:51

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

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…