Posts Tagged ‘Iraqi Dinar’

After the 2021 budget leaked … a parliamentary warning of a massive revolution sweeping Iraq

After the 2021 budget leaked … a parliamentary warning of a massive revolution sweeping Iraq

2020-12-17 03:04

Shafaq News / Independent MP, Basem Khashan expected, today, Thursday, the outbreak of a massive popular revolution sweeping Iraq against the background of the leaks of the draft budget bill for 2021.

Khashan said, to Shafaq News, that “the 2021 budget targets the poor citizen and the simple employee, and this budget is clearly targeting Read more…

A jump in the exchange rates of the dollar in Iraq

A jump in the exchange rates of the dollar in Iraq

2020-12-17

The exchange rates of the dollar rose again, in the main stock markets and local markets, today, Thursday (December 17, 2020).

The Kifah Stock Exchange recorded 137,000 dinars Read more…

MP Hussein Al-Uqabi calls for an end to the “domination” of banks over the dollar exchange rate, describing it as a “farce.”

MP Hussein Al-Uqabi calls for an end to the “domination” of banks over the dollar exchange rate, describing it as a “farce.”

2020-12-17

Representative of the National Approach bloc, Hussein Al-Oqabi, called, Thursday, to end the “dominance” of some banks over the exchange rate of the dollar against the dinar, describing it as a “farce.”

Al-Aqabi said in a press interview, “What was leaked from the exchange rate of the dollar against the dinar Read more…

Iraqi Dinar Guru opinions 12-16-2020

Iraqi Dinar Guru opinions 12-16-2020

12-16-2020 Newshound/Intel Guru Mnt Goat Everything is still on track for early Jan 2021 reinstatement. It is mid-December already and so we should witness the project to delete the zeros sooner than later. Remember that the CBI would like to have 1 to 2 weeks prior to the reinstatement in order to monitor for inflation and make corrections if needed. So we are still moving in the right direction and that is what matters… Read more…

Iraqi Dinar/US Dollar auction results 12-16-2020

Iraqi Dinar/US Dollar auction results 12-16-2020

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

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Parliament clarifies the fact that the government entered into negotiations with the international monetary system to reduce the price of the dinar

Parliament clarifies the fact that the government entered into negotiations with the international monetary system to reduce the price of the dinar

2020-12-16 03:09

Shafaq News / The Deputy Speaker of the Iraqi Parliament, Bashir Al-Haddad, denied, on Wednesday, what was circulated regarding the entry of the Iraqi government into negotiations with the International Monetary Fund to reduce the price of the Iraqi dinar against the US dollar.

In a statement received by Shafaq News Agency, Al-Haddad criticized “the irresponsible statements by some personalities and parties who claimed Read more…

Again .. the high exchange rate of the dollar in the Iraqi market

Again .. the high exchange rate of the dollar in the Iraqi market

2020-12-16

The exchange rates of the dollar rose in the main stock markets and local markets, today, Wednesday (December 16, 2020). Read more…

A deputy calls on the government to address the difference in the selling price of the dollar between the currency auction and outside it

A deputy calls on the government to address the difference in the selling price of the dollar between the currency auction and outside it

2020-12-16

A member of the Parliamentary Economic and Investment Committee, Atwan Al-Atwani, called, on Wednesday, the government to adopt mechanisms to maintain the sobriety of the local currency and support it, stressing the need to address the exchange rate inside and outside the currency auction Read more…

Iraqi Dinar Guru opinions 12-15-2020

Iraqi Dinar Guru opinions 12-15-2020

12-15-2020 Newshound/Intel Guru Petra …we are in the end times with regards to our investment in the Iraqi dinar…we know time is short because the IMF has made a very clear indication in articles about what’s going on with the exchange rate. Through the IMF, Iraq has committed to changing their rate prior to the end of the year…That’s not coming from us. That’s not coming from Iraq. That’s coming from the IMF themselves. One of the most influential and powerful organizations in the world… Read more…

Iraqi Dinar/US Dollar auction results 12-15-2020

Iraqi Dinar/US Dollar auction results 12-15-2020

The results of the foreign currency sale window on Wednesday 12/16/2020, and executed today

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Member in Parliamentary Finance: The government secretly printed 10 trillion dinars … and reveals the reason

Member in Parliamentary Finance: The government secretly printed 10 trillion dinars … and reveals the reason

12/15/2020 12:39:12

{Baghdad: Al Furat News} A member of the Parliamentary Finance Committee said, “The federal government has secretly printed tens of trillions of dinars,” he said.
Jamal Cougar stated in a press statement, that “since mid-2020 until now, the government has twice submitted a borrowing bill to the House of Representatives, and the House approved them, and most of these loans were secured according to Read more…

Legal: The Central Bank offended the national currency … and the state left the citizen without protection!

Legal: The Central Bank offended the national currency … and the state left the citizen without protection!

12/15/2020 18:41:57

{Euphrates News: Baghdad} The legal advisor in previous governments, Fadel Muhammad Jawad, said on Wednesday that the Central Bank offended the national currency and the state left the citizen without protection from the policy of the Central Bank, currency speculators and the beneficiaries of the currency auction.
Fadel Jawad was surprised in a statement issued today, Wednesday, which was seen Read more…

Rapid deterioration of the Iraqi dinar against the dollar, are there solutions?

Rapid deterioration of the Iraqi dinar against the dollar, are there solutions?

12-15-2020

Researcher Shatha Khalil *

Mismanagement of the country’s economy and the absence of economic doctrine; The economic plans have destroyed the Iraqi economy and the most important reflection is the exchange rate of the Iraqi dinar and the issue of devaluation, which is to Read more…

“Correct to increase the exchange rate.” A warning from the bankruptcy of the Central Bank at the beginning of 2021

“Correct to increase the exchange rate.” A warning from the bankruptcy of the Central Bank at the beginning of 2021

2020-12-15

A member of the Parliamentary Finance Committee, Abd al-Hadi al-Saadawi, warned, on Tuesday, that the Central Bank would declare bankruptcy in the first quarter of next year if it continues to flounder with its policies, denying the existence of a trend to increase the exchange rate of the dollar against the Iraqi dinar.

Al-Saadawi said in a press interview that “there is a big problem in the Central Bank and there is confusion in its policy, especially Read more…

After reaching 131 thousand dinars … Learn about the exchange rates of the dollar in the Iraqi market today

After reaching 131 thousand dinars … Learn about the exchange rates of the dollar in the Iraqi market today

2020-12-15

The exchange rates of the dollar decreased in the main stock markets and local markets, today, Tuesday (December 15, 2020) Read more…

In numbers … Profits of the banks controlling the currency auction within just 7 days

In numbers … Profits of the banks controlling the currency auction within just 7 days

2020-12-15

The latest statistics obtained revealed that the amount of sums obtained by the owner of the three banks (Middle East, Al-Qabid, and Al-Ansari) controlling the currency auction for the period from 11/22 to 11/30/2020 is 385 million dollars and Read more…

Iraqi Dinar Guru opinions 12-14-2020

Iraqi Dinar Guru opinions 12-14-2020

12-14-2020 Newshound/Intel Guru Mnt Goat …the CBI will NOT deviate from the process. This is the process as outlined by Dr. Shabibi in 2011…The only variable is what happens if they do find inflation is taking off in Iraq. This may delay the reinstatement a bit. This could cause problems. But we wait and watch is all we can do. Read more…

Iraqi Dinar/US Dollar auction results 12-14-2020

Iraqi Dinar/US Dollar auction results 12-14-2020

The results of the foreign currency sale window on Tuesday 12/15/2020, and executed today

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Parliamentary finance reveals a surprising reason for the dollar’s rise

Parliamentary finance reveals a surprising reason for the dollar’s rise

12/14/2020 16:22:54

{Baghdad: Al Furat News} The Parliamentary Finance Committee revealed the reason for the high exchange rate of the dollar against the Iraqi dinar in the country today.
“The government wants to gradually raise the exchange rate to reduce the budget deficit, but this rise is borne by the citizen,” said Jamal Cougar, a member of the committee.
Cougar ruled out the government taking any action Read more…

Al-Jashaimi: Iraq’s loss from the currency auction amounted to more than 27 billion dinars

Al-Jashaimi: Iraq’s loss from the currency auction amounted to more than 27 billion dinars

12/14/2020 18:24:17

{Baghdad: Al Furat News} The Deputy Chairman of the Parliamentary Integrity Committee, Khaled Al-Jushami, announced, on Monday, that Iraq lost more than 27 billion dinars from the currency auction.
Al-Ghashami said in a tweet on {Twitter} that “the Iraqi state’s loss in the notorious currency auction due to the policies of the Central Bank and its proxy governor Read more…