Posts Tagged ‘Iraqi Dinar’

The exchange rates of the dollar and foreign currencies in the Iraqi market

The exchange rates of the dollar and foreign currencies in the Iraqi market

MONDAY, 21-12-2020, AM 10:25

Noon news agency publishes the approximate exchange rates of the dollar in local markets, on Monday (December 21, 2020)

Exchange offices prices : Read more…

The devaluation of the Iraqi dinar eliminates the profits of the Shiite parties’ banks

The devaluation of the Iraqi dinar eliminates the profits of the Shiite parties’ banks

12-21-2020

BAGHDAD – The Iraqi political parties affiliated with Iran launched a sweeping attack on Sunday against the government of Prime Minister Mustafa Al-Kazemi, after it decided to reduce the value of the Iraqi dinar against the US dollar, to overcome one of the most dangerous crises in the country’s history.

And the Al-Kazemi government proceeded to this step after it was unable for two consecutive months to pay the salaries Read more…

Human rights reject the government’s “encroachment” on the citizens’ sustenance and question its capabilities

Human rights reject the government’s “encroachment” on the citizens’ sustenance and question its capabilities

12/21/2020 16:43

[Baghdad-Where]
The High Commission for Human Rights in Iraq rejected the decision of the Central Bank of Iraq to reduce the value of the dinar in front of hard currency, and to infringe on the food and salaries of employees and people with limited income under any circumstance or pretext. Clear human rights and insistence on violating the constitution.
The Commission stressed in a statement, Read more…

Representative economy: a parliamentary approach to restore the exchange rate to its normal position

Representative economy: a parliamentary approach to restore the exchange rate to its normal position

12/21/2020 14:14

[Baghdad-Where]
The Parliamentary Economic and Investment Committee confirmed today, Monday, that there is a representative tendency to restore the exchange rate of the dollar to its normal state, indicating that the high exchange rate has affected the poor segment.
Committee member Falah Al-Khafaji said: “We, as members of Parliament, have a tendency to return the exchange rate of the dinar against the Iraqi dollar to 120 or a little more.” Read more…

Within minutes … a new coup at the exchange rate of the dollar in Baghdad

Within minutes … a new coup at the exchange rate of the dollar in Baghdad

12/21/2020 14:58

[Baghdad-Where]
The exchange rate of the US dollar on the Al-Kifah Stock Exchange in the capital, Baghdad, witnessed a rapid shift within minutes of recording a decline.
A source said that the Central Al-Kifah Stock Exchange in Baghdad recorded at noon today, 141,000 Iraqi dinars against 100 US dollars.

Minutes ago, the Kifah Stock Exchange recorded a price of 138,500 dinars Read more…

Iraqi Dinar Guru opinions 12-20-2020

Iraqi Dinar Guru opinions 12-20-2020

12-20-2020 Newshound Guru MilitiaMan Article: “Before launching the new dollar rate, find out how much you will lose from your salary and how much it will become actual?” Again they have not come all this way to devalue, imo… It makes no sense to anyone. Especially the international markets.. It is laughable… imo They are telling us why they wont devalue, imo… It harms the citizens…The monetary illusion is that they are going to 1450 when they reduce the three zeros, the illusion goes away and purchase power is still be powerful imo. Why would the FM [Minister of Finance] be bragging about a devaluation? Makes one shake their head…Big time. So when reducing the zeros, gets the real income and purchase power!! imo… Read more…

The central bank publishes currency auction sales for the dollar at the new rate

The central bank publishes currency auction sales for the dollar at the new rate

12/20/2020 15:16:47

(Baghdad: Al Furat News) The Central Bank of Iraq sold more than 207 million dollars in its window to sell foreign currency, today, Sunday.
According to the bank’s daily bulletin on the currency auction, the total sale for the purposes of strengthening funds abroad (transfers, credits) amounted to Read more…

Al-Kalabi: Collecting signatures for an emergency session in the presence of Al-Kazemi, Allawi, and the Governor of the Central Bank

Al-Kalabi: Collecting signatures for an emergency session in the presence of Al-Kazemi, Allawi, and the Governor of the Central Bank

12/20/2020 15:35:06

(Baghdad: Al Furat News) Member of Parliament Yusef Al-Kalabi announced today, Sunday, that the signatures of an emergency session will be collected in the presence of Prime Minister Mustafa Al-Kazemi, Minister of Finance Ali Allawi and Central Bank Governor Mustafa Ghaleb.
In a statement, Al-Furat News received a copy of it, Al-Kalabi stated that “the signatures of MPs are being collected for an emergency session on 12/23 in the presence of Prime Minister Mustafa Al-Kazemi, Minister of Finance Ali Allawi and Governor of the Central Bank, Mustafa Ghaleb,
to discuss:
1- The reasons for the decline in the exchange rate and the classification of banks The fiscal policy followed Read more…

Iraq issues new instructions to banks regarding commission for cash withdrawals for dollars

Iraq issues new instructions to banks regarding commission for cash withdrawals for dollars

SUN, 20-12-2020, PM 1:13

On Sunday, the Central Bank issued new instructions to all banks regarding the commission for cash withdrawals for dollars, noting that the mechanism does not include customer deposits in dollars in cash.

“The commission for cash withdrawals of the US dollar, which comes from remittances received from banks to our accounts at the US Federal Bank, as well as remittances received by banks from other banks, is 0.007 seven per thousand, Read more…

After the government’s decisions yesterday .. the dollar exchange rate increased against the Iraqi dinar today

After the government’s decisions yesterday .. the dollar exchange rate increased against the Iraqi dinar today

2020-12-20

The exchange rates of the dollar against the Iraqi dinar were published on Sunday (December 20, 2020). Read more…

Iraqi Dinar Guru opinions 12-19-2020

Iraqi Dinar Guru opinions 12-19-2020

12-19-2020 Newshound Guru Pimpy “The Financial Committee announces the details of its meeting with the governor of the Central Bank regarding the price of the dollar” Don’t be fooled by this…What I think they are trying to do is discourage people from buying them or to get people to turn them in. I could be wrong. I’m just saying this did happen with Kuwait. They told everybody no rate change was going to happen for a while and in fact they were going to go ahead and increase it but they didn’t. Two days later they came out Boomshakalaka! Read more…

Text of the Minister of Finance’s speech regarding the price of the dollar and the suspension of appointments {extended}

Text of the Minister of Finance’s speech regarding the price of the dollar and the suspension of appointments {extended}

12/19/2020 16:02:41

{Baghdad: Al Furat News} The Minister of Finance, Ali Abdul Amir Allawi, announced, on Saturday, the raising of the dollar’s ​​exchange rate to 1450 dinars to the dollar, while he confirmed the suspension of appointments.
Allawi said during his meeting with a number of press institutions, “We will issue a statement to raise the exchange rate of the dollar to 1450 dinars to one dollar. We will also stop appointments and there is an exception for those Read more…

Officially .. The Central Bank of Iraq announces a change in the exchange rate of the dinar against the dollar

Officially .. The Central Bank of Iraq announces a change in the exchange rate of the dinar against the dollar

SAT, 19-12-2020, PM 5:03

On Saturday, the Central Bank of Iraq issued a statement officially announcing the change of the exchange rate of the dinar against the dollar.

The bank said in a statement, received by Noon News Agency, that “during the last months of this year, intense deliberations took place with the Prime Minister, the Minister of Finance and the Legislative Authority, regarding the economic situation in general and the financial crisis that the public finances are going through due to low oil prices, production, economic and health challenges.” The Board of Directors of the Central Bank held a number of meetings, some of which were hosted by the Minister of Finance for the same purpose.

The Central Bank of Iraq would like to show the following: Read more…

Citizens are angry because of the low price of the dinar against the dollar

Citizens are angry because of the low price of the dinar against the dollar

2020-12-19

Citizens spread anger on social media due to the low exchange rate of the Iraqi dinar against the dollar.

It is noteworthy that “the Council of Ministers held an emergency session this morning to approve the draft federal budget law for 2021, but it postponed it until tomorrow.”

During the past 24 hours, social networking sites in Iraq have witnessed a state of popular anger Read more…

The dollar exchange rate rises to 136 in the Iraqi market

The dollar exchange rate rises to 136 in the Iraqi market

12/19/2020 13:14

[Baghdad-Where]
The exchange rates of the dollar against the Iraqi dinar were published in local markets for this Saturday.
The price on the Al-Kifah Stock Exchange Read more…

Iraqi Dinar Guru opinions 12-18-2020

Iraqi Dinar Guru opinions 12-18-2020

12-18-2020 Newshound Guru Adam Montana […There’s continued talk by powerful globalist groups about a possible “Global Reset”…I’m thinking…a Global RESET COULD mean that all things come out the other end more or less EQUAL – so what could that mean for currencies? Equal would be great, with regards USD/AUD and IQD values, right?] Things will never come out “equal” – That’s why an RV is actually possible. Iraq lost a ton of equity/cash/value when they devalued thanks to Saddam. When they ReValue, they are just getting back to their “normal”. Read more…

The dollar is declining slightly against the dinar, after a worrying jump

The dollar is declining slightly against the dinar, after a worrying jump

12/18/2020 13:06

[Baghdad-Where]
The exchange rate of the dollar against the Iraqi dinar showed a slight decrease, today, Friday, after the jump that occurred in exchange rates yesterday.
The selling price of the dollar at exchange offices Read more…

Iraqi Dinar Guru opinions 12-17-2020

Iraqi Dinar Guru opinions 12-17-2020

12-17-2020 Intel Guru Frank26 …in my strong opinion the tellers are now going to be introduced to new counting machines…they have the software for the new small category notes that are going to be introduced to the citizens. The tellers this week will be learning the new protocol of the currency and of the new banking system…with their right hand they will hold the new small category notes in order to practice how to use the machine in their left hand. One needs the other… Read more…

Iraqi Dinar/US Dollar auction results 12-17-2020

Iraqi Dinar/US Dollar auction results 12-17-2020

The results of the foreign currency sale window on Thursday 12/17/2020, and executed today

Advertisement No. (4318) Read more…

After the position of the Council of Ministers … the Iraqi dinar catches its breath somewhat against the dollar

After the position of the Council of Ministers … the Iraqi dinar catches its breath somewhat against the dollar

2020-12-17 02:19

Shafaq News / The exchange rate of the US dollar fell against the Iraqi dinar, at noon on Thursday, local time.

A correspondent of Shafaq News Agency said that the Kifah Stock Exchange recorded 131,000 dinars against 100 US dollars, an hour after recording Read more…