Posts Tagged ‘Iraqi Dinar’

A major crime has been revealed … leaked emails from the Central Bank demanding the dismissal of the governor

A major crime has been revealed … leaked emails from the Central Bank demanding the dismissal of the governor

23/12/2020 14:45

[Baghdad-Where]
Member of the National Approach bloc, Representative Jamal al-Muhammadawi, revealed, on Wednesday, a leak from the Central Bank of Iraq that includes buying dollars from intermediary banks at a price of (1450) dinars, and while this was considered a “major crime” against the Iraqi economy, he demanded the immediate dismissal Read more…

Iraqi Dinar Guru opinions 12-22-2020

Iraqi Dinar Guru opinions 12-22-2020

12-22-2020 Newshound Guru MilitiaMan   Article quote: “…the bank is preparing to launch a package of measures that will achieve a shifting balance in the exchange rate for the year 2021…” They are preparing a package of measures that will balance the 2021 Exchange rate. Well, it will not be a future devalued rate of 1460 be sure, imo!! That is to be challenged, rejected or amended. imo… Read more…

Shocking decline in the central bank’s sales of dollars today

Shocking decline in the central bank’s sales of dollars today

12/22/2020 15:03:20

{Baghdad: Al Furat News} The Central Bank of Iraq’s sales of dollars on Tuesday fell shockingly, falling to 43%.
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…

A decrease in the exchange rates of the dollar

A decrease in the exchange rates of the dollar

2020-12-22

The exchange rates of the dollar decreased in the main stock markets and local markets, today, Tuesday (December 22, 2020).

The Kifah Stock Exchange recorded Read more…

A protest stand in front of the Central Bank to raise the price of the dollar

A protest stand in front of the Central Bank to raise the price of the dollar

12/22/2020 14:12

[Baghdad-Where]
A protest was launched, Tuesday, in front of the headquarters of the Central Bank of Iraq in the center of the capital, Baghdad, to protest against the increase in the exchange rate of the dollar against the Iraqi dinar.
A source said, “Dozens of earning citizens, merchants and businessmen organized a protest Read more…

Iraqi Dinar Guru opinions 12-21-2020

Iraqi Dinar Guru opinions 12-21-2020

12-21-2020 Newshound Guru Pimpy Article “Parliament will extend its legislative territory with the arrival of the budget next week” Quote: “a draft of the physical budget version of 2021 which included a fixing the exchange rate of the dollar against the dinar to 1450.” …you could buy 1190 dinar for 1 dollar. What that means is now you could buy 1450 dinar for $1. That’s not good. It’s going in the wrong direction. We need this number to shrink… Read more…

Iraqi Dinar/US Dollar auction results 12-21-2020

Iraqi Dinar/US Dollar auction results 12-21-2020

The results of the foreign currency sale window on Monday 12/21/2020, and executed today

Advertisement No. (4320) Read more…

A statement issued by the Central Bank of Iraq regarding the exchange rate adjustment

A statement issued by the Central Bank of Iraq regarding the exchange rate adjustment

December 21, 2020

A statement issued by the Central Bank of Iraq regarding the exchange rate adjustment
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 general economic situation and the financial crisis that the public finances are going through due to low oil prices and production, and the 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…

Al-Sadr warns of “hidden hands” targeting the Iraqi dinar

Al-Sadr warns of “hidden hands” targeting the Iraqi dinar

2020-12-21 07:43

Shafaq News / The leader of the Sadrist movement, Muqtada al-Sadr, warned on Monday of “hidden hands” that want to undermine the people’s livelihood and the Iraqi local currency, calling on merchants not to be extravagant in raising prices.

Al-Sadr said in a tweet on Twitter, addressing the merchants, “Your brothers and sons who suffer from poverty and poverty in this stifling economic crisis Read more…

The dollar is dropping in Baghdad

The dollar is dropping in Baghdad

12/21/2020 14:18:13

{Baghdad: Al Furat News} The exchange rate of the dollar fell again, today, Monday, in Iraq.
The selling price in Baghdad was 1450 dinars, and the purchase was 1385 dinars, after this morning it was at 1430 dinars {sale price}.
And it decreased in the north of the country to 1,385 dinars (selling) and Read more…

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…