Posts Tagged ‘Iraqi Dinar’

Al-Saffar reveals to {Al-Furat News} the reasons for the high dollar and the possibility of “floating”

Al-Saffar reveals to {Al-Furat News} the reasons for the high dollar and the possibility of “floating”

12/08/2020 18:54:03

{Baghdad: Al Furat News} The reporter of the Parliamentary Finance Committee, Ahmed Al-Saffar, revealed, on Tuesday, the reasons for the high exchange rate of the dollar in Iraq and the possibility of its floatation.
Al-Saffar told {Al-Furat News} that “there is nothing official about changing the exchange rate of the dollar, and all that is rumored is talk and speculation that the people of exchange make to achieve profits and gains.”

And that “I stand against any manipulation in the dollar exchange rate, Read more…

Clarification on the Central Bank’s decisions to control the dollar exchange rate and the reasons for its recent jump

Clarification on the Central Bank’s decisions to control the dollar exchange rate and the reasons for its recent jump

TUESDAY, 08-12-2020, AM 11:49

The economist and member of the Board of Directors at the Central Bank, Majed Al-Suri, spoke today, Tuesday, about the reasons for the high exchange rate of the dollar in the local markets.

Al-Suri said, “speculation, political and economic confusion, and citizens’ lack of confidence in the future of the Iraqi dinar are among the main reasons for the high exchange rate Read more…

Member of Parliamentary Finance: The government is heading for an “urgent” economic step to control the dollar situation

Member of Parliamentary Finance: The government is heading for an “urgent” economic step to control the dollar situation

TUESDAY, 08-12-2020, PM 12:10

A member of the Parliamentary Finance Committee, Ahmed Hama Rashid, spoke today, Tuesday, about a new step that the government will take “compelled” to reduce the exit of hard currency from the country and control the gates of currency auction.

Deputy Rashid commented on what the media reported about the existence of negotiations between Iraq and the International Monetary Fund, to determine a new exchange rate Read more…

A slight increase in the exchange rates of the dollar against the Iraqi dinar 12-8-2020

A slight increase in the exchange rates of the dollar against the Iraqi dinar 12-8-2020

12/8/2020 11:34

[Baghdad-Where]

The exchange rates of the dollar rose on the main stock market and local markets today, Tuesday, slightly compared to the prices on Monday.
Al-Kifah Stock Exchange recorded Read more…

Iraqi Dinar Guru opinions 12-7-2020

Iraqi Dinar Guru opinions 12-7-2020

12-7-2020 Newshound Guru MilitiaMan Article: “Oil “disturbs” Iraq’s 2021 budget: an expected update of the “dinar exchange rate” and amending the numbers to “reduce the financial deficit!” Quote: “…with a special committee from the Ministry of Finance and the International Monetary Fund to update the Iraqi dinar exchange rate before the end of the fiscal year,…” …Look who is showing up tomorrow to meet with some key players…The Ministry of Finance and the IMF are talking about a change is coming to IQD exchange rate… They are going to a market economy are they not? They are not going to devalue that is sure, imo. They are going to increase the value, imo by the deletion of the three zeros from the exchange rate. Hence, the need for the new small category notes the CBI spent tens of millions on…The broadcasting of the exchange rate to change speaks out oh so very loudly…Lets see what they do next… Read more…

Iraqi Dinar/US Dollar auction results 12-7-2020

Iraqi Dinar/US Dollar auction results 12-7-2020

The results of the foreign currency sale window on Monday 12/7/2020, and executed today

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The second rise during the day .. The dollar jumps after statements by officials

The second rise during the day .. The dollar jumps after statements by officials

MONDAY, 07-12-2020, PM 5:59

The exchange rate of the dollar rose on the main stock markets this evening, Monday (December 7, 2020). Read more…

Iraqi Dinar Guru opinions 12-6-2020

Iraqi Dinar Guru opinions 12-6-2020

12-6-2020 Newshound/Intel Guru David M. Witty Iraqi Parliamentary amendment committee fails to make any progress on article 140 of constitution regarding Baghdad-Erbil disputed areas. Some want to remove the article, some want to amend it, & some want to leave it as is.

12-5-2020 Intel Guru Delta For the budget of 2021 …there are negotiations between the Ministry of Finance and the International Monetary Fund regarding changing the exchange rate of the dollar, So that was one of the reasons for delay of the budget… new rate coming out … IMO THEY ARE DONE Read more…

Iraqi Dinar/US Dollar auction results 12-6-2020

Iraqi Dinar/US Dollar auction results 12-6-2020

The results of the foreign currency sale window on Sunday 6/12/2020 and executed today

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Urgent Parliamentary Finance: The government will reformulate the 2021 budget and send it to Parliament next week

Urgent Parliamentary Finance: The government will reformulate the 2021 budget and send it to Parliament next week

12/06/2020 11:58:18

{Baghdad: Al Furat News} The Parliamentary Finance Committee revealed that the government decided to reformulate the draft federal budget law for 2021.
Committee reporter Ahmed Al-Saffar told Al-Furat News that “the government has postponed sending the budget to Parliament until now. We believe that it is justified because the price of oil has changed these days and it has risen to $ 49 a barrel and may rise more,” pointing out that “Basra crude is more expensive than Brent crude and this The government requires reformulating the figures in the budget to reduce the fiscal deficit and increase revenues.
He added, “The other reason for the delay in the budget is the existence of understandings between the Ministry of Finance and the International Monetary Fund to update the exchange rate of the Iraqi dinar, Read more…

A slight increase in the exchange rate of the dollar against the Iraqi dinar 12-6-2020

A slight increase in the exchange rate of the dollar against the Iraqi dinar 12-6-2020

6/12/2020 14:57

[Baghdad-Where]
The exchange rates of the dollar rose today, Sunday, in the main stock markets, while it stabilized in the local markets.
The Kifah Stock Exchange recorded Read more…

Iraqi Dinar Guru opinions 12-5-2020

Iraqi Dinar Guru opinions 12-5-2020

12-5-2020 Newshound/Intel Guru Walkingstick and Intel Guru Frank26 The ATMs in Iraq’s banks are soon to go live with the new small category notes because the ATMs must be on the same page with the banks of Iraq…they are not live right now but we will know when they go live… Read more…

The high exchange rates of the dollar against the Iraqi dinar in the local markets 12-5-2020

The high exchange rates of the dollar against the Iraqi dinar in the local markets 12-5-2020

SAT, 05-12-2020, PM 2:20

The exchange rates of the dollar increased in the main stock markets and local markets, today, Saturday (December 5, 2020). Read more…

Iraqi Dinar Guru opinions 12-4-2020

Iraqi Dinar Guru opinions 12-4-2020

12-4-2020 Intel Guru Frank26 someone says to me ‘Frank, if Biden is elected president this all goes down the toilet doesn’t it?” As far as the Iraqi dinar monetary reform goes that belongs to Iraq and Iraq is a sovereign country. They can do what they want…Iraq is now going to be the central financial hub of the Middle East and all the middle eastern countries will support them in a basket… Read more…

The exchange rate of the dollar against the Iraqi dinar 12-4-2020

The exchange rate of the dollar against the Iraqi dinar 12-4-2020

11:28 – 04/12/2020

BAGHDAD – Mawazine News
publishes / Mawazine News / a list of the exchange rates of the dollar, foreign currencies and precious metals in the local markets on Friday (December 4, 2020), according to the monitoring of specialists. Read more…

Iraqi Dinar Guru opinions 12-3-2020

Iraqi Dinar Guru opinions 12-3-2020

12-3-2020 Newshound Guru Breitling It’s a beautiful thing what’s happening right now. One way or the other I promise you it doesn’t matter if Biden is in there or Trump is in there. Nothing has been taken off the table. The difference is going to be the rate on it climbing. Under Biden or Under Trump it’s going to come out the same rate whether it’s .53, .46, .70 whatever but how it climbs from that point on will be determined on the way they’re structured the market. Biden is different from Trump. That’s all it is…it’s the speed that changes. That’s it. So nothing to worry about… Read more…

Iraqi Dinar/US Dollar auction results 12-3-2020

Iraqi Dinar/US Dollar auction results 12-3-2020

The results of the foreign currency sale window on Thursday 12/3/2020, and executed today

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Al-Kazemi government needs 87 trillion dinars in the 2021 budget

Al-Kazemi government needs 87 trillion dinars in the 2021 budget

Thursday 3 December 2020 | 03:16 pm

The Parliamentary Finance Committee accused the government of concealing the details of the 2021 budget and not disclosing its details, indicating that the government does not need more than 87 trillion dinars .

A member of the Finance Committee, Jamal Cougar, said that Read more…

The low exchange rate of the dollar in the local markets 12-3-2020

The low exchange rate of the dollar in the local markets 12-3-2020

THURSDAY, 03-12-2020, PM 1:14

The exchange rates of the dollar decreased in the main stock markets and local markets, today, Thursday (December 3, 2020). Read more…

Al-Bakhati: He warns of the “third loan”: a slippage of the local currency and a float of the dinar

Al-Bakhati: He warns of the “third loan”: a slippage of the local currency and a float of the dinar

2020-12-03

On Thursday, MP Jassim Al-Bakhati of the Al-Hikma Movement expressed his surprise at the government’s “desire” to obtain new borrowing to cover the expenses of the election commission, considering that the “third loan” indicates a “danger” to Iraq, which will lead to “slipping” the local currency and “floating” The dinar.

Al-Bakhati said in a press interview that “the government Read more…