Posts Tagged ‘Iraqi Dinar’

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…

A new boom in the dollar price in the Iraqi market

A new boom in the dollar price in the Iraqi market

2020-12-14

The approximate exchange rates of the dollar in the Iraqi market, Monday, (December 14, 2020), according to the monitoring of specialists. Read more…

Iraqi Dinar Guru opinions 12-13-2020

Iraqi Dinar Guru opinions 12-13-2020

12-13-2020 Newshound/Intel Guru Mnt Goat …we all know the value is way beyond what the program rate is. The CBI knows it too. So, let’s talk rate instead. If the rate of a 25,000 note was about $23 today then it will be $23 for the 25 note. No change in value. Get it? Easy! It is just the mind set in the Iraqi people that worries the CBI. How will they mentally deal with going back to the lower denominations. Remember they had lower denominations prior to the 2003 war. These larger three zero notes were only meant to be temporary and so it is time to convert back…finally…! Once this is done then the CBI will watch for inflation for about a week and then pull the trigger on the reinstatement and FLOAT the dinar on FOREX if all goes according to plan. The rate in the US on FOREX will be gauged on the new rate of the dinar according to the new basket it is assigned to. It will get off the “de-facto” peg strictly to the US dollar as it is today. Read more…

Iraqi Dinar/US Dollar auction results 12-13-2020

Iraqi Dinar/US Dollar auction results 12-13-2020

The results of the foreign currency sale window on Monday 12/14/2020, and executed today

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Dollar exchange rates in the local market continue to rise

Dollar exchange rates in the local market continue to rise

12/13/2020 12:35

[Baghdad-Where]
The exchange rates of the dollar on the main stock exchange and local markets recorded today, Sunday, a similar rise to the exchange rates yesterday.
A reporter said that “the exchange rate of the dollar Read more…

Iraqi Dinar Guru opinions 12-12-2020

Iraqi Dinar Guru opinions 12-12-2020

12-12-2020 Intel Guru Frank26 Everybody knows there’s a rate change coming for the Iraqi dinar. They know about the calculations. They know about the recalculations and the recalculations and the recalculations…IMO they’re done…do you understand they’re applying it? They are saying by the end of the year they will raise the value of their currency. Of course something could go wrong. Something could delay it. We’re talking about 3 weeks. It is well known by everyone that by the end of the year they will raise the value…the articles were not specific. they do no give you date. They did not give you the rate…IMO they’re going to be on par with the American dollar… Read more…

The high price of the dollar against the Iraqi dinar in the local markets for today

The high price of the dollar against the Iraqi dinar in the local markets for today

12/12/2020 13:34

[Baghdad-Where]
The exchange rates of the dollar rose in the main stock markets and local markets today, Saturday (December 12, 2020). Read more…

Iraqi Dinar Guru opinions 12-11-2020

Iraqi Dinar Guru opinions 12-11-2020

12-11-2020 Intel Guru Frank26 & Boots-on-the-ground Firefly “the television is telling us that the 2021 budget needs a new exchange rate.” Everybody knows they’re going to raise the value of their currency and they’re telling the citizens carefully step by step. Now this is the crescendo. This is the apex. This is the precipice. We’re right there. One more step. It’s like standing on the edge of a cliff on your tiptoes leaning forward with your arms open looking down with gusts of wind just waiting to knock you over. It’s that close. It’s as close as your breath is to your lungs.. Read more…

Deputy: Changing the dollar’s ​​exchange requires severe penalties for currency auction manipulators

Deputy: Changing the dollar’s ​​exchange requires severe penalties for currency auction manipulators

12/11/2020 17:18:57

{Baghdad: Al-Furat News} MP for the Sairoun bloc, Burhan Al-Mamouri, said today, Friday, that the instability of the currency price would lead to confusion in the market and undermine confidence in the national economy.
In a statement, Al-Furat News received a copy of it, Al-Mamouri said, “The exchange rates of the Iraqi dinar against the dollar are witnessing clear instability in the market, while we notice them steady in the currency auction, which indicates Read more…

The exchange rate of the dollar against the Iraqi dinar 12-11-2020

The exchange rate of the dollar against the Iraqi dinar 12-11-2020

FRI, 11-12-2020, AM 11:52

Noon news agency publishes the approximate exchange rates of the dollar with some foreign currencies and precious metals in the local markets on Friday (December 11, 2020), according to specialists monitoring.

Exchange offices prices: Read more…