Posts Tagged ‘Iraqi Dinar’

The decline in central bank sales in the dollar auction continues … WOW!

The decline in central bank sales in the dollar auction continues … WOW!

28/12/2020 15:56

[Baghdad-Where]
The Central Bank of Iraq’s sales continued, on Monday, to decline in the hard currency auction since the new dollar pricing started.
According to a statement by the Central Bank, “the total sale for the purposes of strengthening the assets abroad (transfers, credits) came as follows: Read more…

Iraqi Dinar Guru opinions 12-27-2020

Iraqi Dinar Guru opinions 12-27-2020

12-27-2020 Newshound/Intel Guru Walkingstick (via frank26) the auctions which are now well controlled and were always the cause of this problem…will now increase. They will double – they will triple up their sales of the American dollar… Why? Because this will create a shortage of the IQD three zero notes in the marketplace which in turn forces the merchants and the citizens to exchange the IQD for the USD…By them bringing in their 3 zero notes to the CBI for USDs they’re collecting their 3 zeros and fixing up M1, M2, M3 figures. Then they can come out with a rate of 1 to 1 or 1 to 1.45…now [citizens] go ahead and trade them in for the new small category notes…the goal is to take in as many 3 zero…within the next week or two… Read more…

The central bank’s dollar sales continue to decline for the fourth time

The central bank’s dollar sales continue to decline for the fourth time

12/27/2020 14:08:36

{Baghdad: Al Furat News} The Central Bank of Iraq’s dollar sales continued to decline for the fourth consecutive session.
According to the bank’s daily bulletin on the currency auction, the total sale for the purposes of strengthening funds abroad Read more…

Parliamentary Finance reveals who is behind the dollar’s rise … Two surprising prices

Parliamentary Finance reveals who is behind the dollar’s rise … Two surprising prices

12/27/2020 15:20:23

{Baghdad: Al Furat News} The Parliamentary Finance Committee revealed who is behind the raising of the dollar exchange rate against the dinar in Iraq.
Committee member Ahmed Hama Rashid said in a press statement, “The increase in the exchange rate of the dollar against the Iraqi dinar came based on a proposal made by both the Bank and the International Monetary Fund during a meeting Read more…

Sumaisem: America will not pump dollars into Iraq, and dealings will be in the digital currency

Sumaisem: America will not pump dollars into Iraq, and dealings will be in the digital currency

SUN, 27-12-2020, PM 1:09

Economic expert Salam Sumaisem said on the devaluation of the Iraqi dinar, that the dollar will be scarce from its source in the US Treasury, which will exchange it for digital electronic money.

Sumaisem added in a statement followed by Noon today, Sunday: We will then see how the smuggling of dollars continues, indicating that only Iraq and its people will be the losers, and that whoever trades in the Iraqi dinar Read more…

Al-Araji: The World Bank asked Iraq to raise the dollar exchange to 1660 dinars

Al-Araji: The World Bank asked Iraq to raise the dollar exchange to 1660 dinars

2020-12-27

Former Deputy Prime Minister Bahaa Al-Araji revealed that the World Bank had asked Iraq to raise the dollar exchange rate to 1660 Iraqi dinars in exchange for its help in solving the financial crisis.

Al-Araji said in a tweet on his Twitter page, today, “In order to help and support Iraq in solving its financial crisis … The World Bank asked Iraq that the dollar Read more…

Today, Sunday, relative stability in the exchange rate of the dollar in the local markets

Today, Sunday, relative stability in the exchange rate of the dollar in the local markets

12/27/2020 10:20

[Baghdad-Where]
A Sunday correspondent reported that the exchange rates of the dinar against the dollar were recorded, relatively stable in the main stock market and local markets for the second consecutive day.
Our correspondent added, “The exchange rate Read more…

Iraqi Dinar Guru opinions 12-26-2020

Iraqi Dinar Guru opinions 12-26-2020

12-26-2020 Newshound/Intel Guru Walkingstick (via frank26) How long are they going to keep this 1470 decreased rate? …not too long. They got a couple weeks and they can’t use all those two weeks. Read more…

Stability of the dollar exchange rate in the Iraqi market

Stability of the dollar exchange rate in the Iraqi market

2020-12-26

The exchange rates of the dollar stabilized in the main stock markets and local markets, today, Saturday (December 26, 2020). Read more…

Iraqi Dinar Guru opinions 12-25-2020

Iraqi Dinar Guru opinions 12-25-2020

12-25-2020 Intel Guru Frank26 …What’s going on right now with this change in rate it’s having the effect it’s supposed to have. A lot of people are now coming into the banks in Iraq with their mattress money…they are doing exactly what the CBI is telling them to do. They are moving faster than ever before. This rate is not a permanent thing. I’ve said that over and over again and I will continue say it… Read more…

These are the exchange rates of the dollar against the Iraqi dinar on Friday’s transactions

These are the exchange rates of the dollar against the Iraqi dinar on Friday’s transactions

09:53 – 12/25/2020

Baghdad – Mawazine News
publishes / Mawazine News /, the exchange rates of the dollar against the Iraqi dinar, which rose again in the main stock market and local markets, today, Friday, December 25, 2020. Read more…

The International Monetary Fund comments on the reduction of the Iraqi dinar and the 2021 budget

The International Monetary Fund comments on the reduction of the Iraqi dinar and the 2021 budget

FRI, 12-25-2020, PM 3:25

On Friday, the International Monetary Fund welcomed the approval of the Iraqi Council of Ministers to the 2021 budget bill, while it considered implementing important financial reforms and reducing the currency exchange rate as “very important” steps.

The Iraqi News Agency quoted the IMF mission in Iraq as saying Read more…

Iraqi Dinar Guru opinions 12-24-2020

Iraqi Dinar Guru opinions 12-24-2020

12-24-2020 Intel Guru Frank26 1450 is not a fake rate. Forex doesn’t care what they put on their site. They’re not responsible for you…They’re not responsible to educate you on what the true rate is. Read more…

The central bank auction continues to decline and is witnessing a rare event

The central bank auction continues to decline and is witnessing a rare event

12/24/2020 12:29:12

{Baghdad: Al Furat News} The Central Bank of Iraq’s dollar sales continued to decline for the third consecutive day.
According to the bank’s daily bulletin on the currency auction, the total sale for the purposes of strengthening balances abroad {transfers, credits} Read more…

Increased again .. the dollar exchange rate in the Iraqi market

Increased again .. the dollar exchange rate in the Iraqi market

2020-12-24

The exchange rates of the dollar increased in the main stock markets and local markets, today, Thursday (December 24, 2020) Read more…

Parliamentary Finance issues an explanation regarding the exchange rate of the dollar

Parliamentary Finance issues an explanation regarding the exchange rate of the dollar

2020-12-24

Today, Thursday, the Parliamentary Finance Committee issued a clarification regarding the determination of Saad’s exchange of the dollar.

The committee said, “Determining the exchange rate of the dollar is a governmental matter and from its exclusive authority, as it is the one who draws and implements the fiscal and monetary policy, and the inclusion of that price in the draft budget Read more…

Iraqi Dinar Guru opinions 12-23-2020

Iraqi Dinar Guru opinions 12-23-2020

12-23-2020 Intel Guru Footforward [1450 could mean a rate of 1.45 IQD to the dollar] …This isn’t financial or investment advice, and is my opinion. I expect the rate to be higher. Read more…

Urgent An unprecedented drop in central bank auction sales

Urgent An unprecedented drop in central bank auction sales

12/23/2020 13:21:46

{Baghdad: Al Furat News} The Central Bank of Iraq’s dollar sales fell today, Wednesday, in an unprecedented way.
According to the bank’s daily bulletin on the currency auction, the total sale for the purposes of strengthening the funds abroad {transfers, credits} amounted to Read more…

The high exchange rates of the US dollar against the Iraqi dinar in the local markets

The high exchange rates of the US dollar against the Iraqi dinar in the local markets

WEDNESDAY, 23-12-2020, AM 11:10

The exchange rates of the dollar rose slightly in the main stock markets and local markets, today, Wednesday (December 23, 2020). Read more…

Mass demonstrations in front of the Finance Ministry building in Baghdad to condemn the devaluation of the dinar

Mass demonstrations in front of the Finance Ministry building in Baghdad to condemn the devaluation of the dinar.

23/12/2020 15:42

[Baghdad-Where]
On Wednesday, protesters organized mass demonstrations in front of the Finance Ministry building in the Iraqi capital, Baghdad, to condemn the devaluation of the dinar.
A source said that dozens of people organized, today, mass demonstrations in front of the Ministry of Finance building Read more…