Posts Tagged ‘Iraqi Dinar’

Economist: The decline in the strength of the Iraqi currency as a result of the internal borrowing law

Economist: The decline in the strength of the Iraqi currency as a result of the internal borrowing law

11/17/2020 11:27:04

(Baghdad: Al Furat News) The economist, Manar Al-Obaidi, said today, Tuesday, that the decline in the strength of the Iraqi currency was due to the internal borrowing law
In a statement, Al-Furat News received a copy of it, Al-Obaidi said, “The assets of the Central Bank of Iraq for the month of September decreased by 4.31% compared with the month of August, so that the total assets amounted to 106 trillion dinars compared to 111 trillion dinars Read more…

The exchange rates of the US dollar against the Iraqi dinar in the local market 11-17-2020

The exchange rates of the US dollar against the Iraqi dinar in the local market 11-17-2020

TUESDAY, 11-17-2020, AM 11:17

The exchange rates of the dollar in the main stock market and local markets rose slightly today, Tuesday (November 17, 2020). Read more…

Revenues from border crossings double .. Parliament awaits 12 trillion dinars

Revenues from border crossings double .. Parliament awaits 12 trillion dinars

11/17/2020 10:52

[Baghdad-Where]
Imports of border crossings across the country, with the exception of Kurdistan, have doubled more than five times over the past, according to government statements.
According to experts, moving the file by Prime Minister Mustafa Al-Kazemi, could push the revenues of the ports in the coming months Read more…

Iraqi Dinar Guru opinions 11-16-2020

Iraqi Dinar Guru opinions 11-16-2020

11-16-2020 Newshound Guru Jeff We’re looking for two things this week. We’re looking for the President to sign off on the borrowing law. That way it becomes legal and binding. That would be the first step. At that point they can change the rate at any time. But once they come out and tell you when they plan to make the payment on those salaries the rate has to change before that. It’s as simple as that… Read more…

Iraqi Dinar/US Dollar auction results 11-16-2020

Iraqi Dinar/US Dollar auction results 11-16-2020

The results of the foreign currency sale window on Monday 11/16/2020, and executed today

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The dollar is dropping today in Iraq 11-16-2020

The dollar is dropping today in Iraq 11-16-2020

11/16/2020 10:51:18

{Baghdad: Al Furat News} The exchange rate of the dollar in Iraq decreased today, Monday.
The exchange rate on the Kifah Stock Exchange Read more…

Iraqi Dinar Guru opinions 11-15-2020

Iraqi Dinar Guru opinions 11-15-2020

11-15-2020 Newshound Guru MilitiaMan Saudi Arabia announces “mega projects” for it in Iraq and is glad to open Arar” Quote: “There are giant projects that will be implemented in the next stage…” My thinking is that the ports opening, the funding or KW projects and the salaries to be paid tomorrow are not a coincidence. At least they are closely linked to the coming days or so. So, from the sounds of all the data out, this is about over…If SA is on board, game over…I have to agree that is sure looks that way…imo. Read more…

Iraqi Dinar/US Dollar auction results 11-15-2020

Iraqi Dinar/US Dollar auction results 11-15-2020

The results of the foreign currency sale window on Sunday 11/15/2020, and executed today

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The decline in the reserves of the Central Bank of Iraq to 35 billion dollars .. The reason!

The decline in the reserves of the Central Bank of Iraq to 35 billion dollars .. The reason!

Sunday 15 November 2020 | 04:54 PM

The Parliamentary Finance Committee revealed, on Sunday, that the Iraqi reserve in the Central Bank of Iraq has decreased to 35 billion dollars after the withdrawal of the second loan by the government .

A member of the Parliamentary Finance Committee, Abdul Hadi Saadawi, said that “the reserves of the Central Bank of Iraq before the vote on the loan amounted to Read more…

The stability of the dollar exchange rate in Baghdad and Kurdistan for the second consecutive day

The stability of the dollar exchange rate in Baghdad and Kurdistan for the second consecutive day

11/15/2020 10:33

[Baghdad_Where]
The exchange rates of the dollar stabilized in the markets of Baghdad and Kurdistan on Sunday, November 15, 2020.
A correspondent said, that the Central Kifah Stock Exchange in Baghdad Read more…

Iraqi Dinar Guru opinions 11-14-2020

Iraqi Dinar Guru opinions 11-14-2020

11-14-2020 Newshound Guru JJimmyJJ Article: “Details of the financial deficit financing law in Iraq” IMO, everything is now done, and they got it [borrowing law] done in time for the GOI and CBI to roll it out before the end of the month (hopefully this weekend(!)…). The important thing, I think, is that it is done and the fab 4 are happy, that there is a sense of urgency sufficiently strong to get them to do something unprecedented, and that now the announcement can be made per their schedule. This is a glorious day! Read more…

A slight rise in the dollar against the Iraqi dinar 11-14-2020

A slight rise in the dollar against the Iraqi dinar 11-14-2020

11/14/2020 12:07

[Baghdad-Where]
The exchange rates of the dollar in the Baghdad markets rose slightly, today, Saturday, November 14, 2020.
A reporter said. Today, Al-Kifah Central Stock Exchange in Baghdad Read more…

Iraqi Dinar Guru opinions 11-13-2020

Iraqi Dinar Guru opinions 11-13-2020

11-13-2020 Newshound/Intel Guru Mnt Goat Article: “AN AMERICAN INSTITUTE EXPECTS A FINANCIAL COLLAPSE OF IRAQ IN 2021” Quote: “Iraq faces a total financial collapse of the state, which is likely to happen during the next year, indicating that the country is finding it difficult to cover its monthly expenses.” this article news is why I keep telling everyone this is Iraq’s last chance to get it right. There will be no other time… Read more…

Iraqi Dinar Guru opinions 11-12-2020

Iraqi Dinar Guru opinions 11-12-2020

11-12-2020 Newshound Guru MilitiaMan Article: “Iraq Ports opens a branch of the Arab Islamic Mashreq Bank to facilitate financial services” This Islamic bank must know it…it is now safe and secure!! The place was a smuggling haven in 2003… For this to be in the stage of opening banks in this port is very telling… Just as the Port of Anara with Saudi Arabia is now…The ITBs banks are even gearing to finally open branches. Not just one but many in SA… IMO All good.. Read more…

Iraqi Dinar/US Dollar auction results 11-12-2020

Iraqi Dinar/US Dollar auction results 11-12-2020

The results of the foreign currency sale window on Thursday 11/12/2020 and executed today

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The exchange rates of the US dollar against the Iraqi dinar in the local market 11-12-2020

The exchange rates of the US dollar against the Iraqi dinar in the local market 11-12-2020

THURSDAY, 12-11-2020, AM 11:55

The exchange rates of the dollar stabilized in the main stock markets and local markets today, Thursday (November 12, 2020). Read more…

Iraqi Dinar Guru opinions 11-11-2020

Iraqi Dinar Guru opinions 11-11-2020

11-11-2020 Newshound/Intel Guru Mnt Goat …we, as investors have trillions of this currency [IQD] in our holdings. Don’t hear much about this do you? They must come after our holdings…to get these notes out of circulation. The only way they are going to get mine is for me to exchange them at the banks for substantially more than what I paid for them. Read more…

Iraqi Dinar/US Dollar auction results 11-11-2020

Iraqi Dinar/US Dollar auction results 11-11-2020

The results of the foreign currency sale window on Wednesday 11/11/2020 and executed today

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Dollar exchange rates against the Iraqi dinar in the local market 11-11-2020

Dollar exchange rates against the Iraqi dinar in the local market 11-11-2020

WEDNESDAY, 11-11-2020, PM 3:55

The exchange rates of the dollar on the main stock markets rose slightly, while it stabilized in the local markets today, Wednesday (November 11, 2020). Read more…

Iraqi Dinar Guru opinions 11-10-2020

Iraqi Dinar Guru opinions 11-10-2020

11-10-2020 Intel Guru Footforward [why is Iraq doing a borrowing law? if they could just RV wouldn’t that get rid of borrowing?] it would. It’s because they can’t go into debt unless they have approval for it. Theory is that they could RV and borrow money to kick start their recovery faster. Read more…