Posts Tagged ‘Iraqi Dinar’

Iraqi Dinar/US Dollar auction results 11-10-2020

Iraqi Dinar/US Dollar auction results 11-10-2020

The results of the foreign currency sale window on Tuesday 10/11/2020 and executed today

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The Iraqi Parliament reveals: The loan will be passed with only 15 trillion dinars

The Iraqi Parliament reveals: The loan will be passed with only 15 trillion dinars

Tuesday 10 November 2020 | 05:24 pm

The Parliamentary Financial Committee confirmed, on Tuesday, that the loan will pass by about 15 trillion dinars after the recent cuts, indicating that the government promised during yesterday’s meeting to send the 2021 budget at the end of this month .

A member of the Finance Committee, Jamal Cougar, said, “The committee discussed a lot about Read more…

Stability of the dollar exchange rate in Baghdad and Kurdistan

Stability of the dollar exchange rate in Baghdad and Kurdistan

11/10/2020 11:20

[Baghdad-Where]
On Tuesday, the dollar’s ​​exchange rates stabilized in the markets of Baghdad and Kurdistan for the third consecutive day.
A reporter said. Today, the Al-Kifah Central Stock Exchange in Baghdad Read more…

Iraqi Dinar Guru opinions 11-9-2020

Iraqi Dinar Guru opinions 11-9-2020

11-9-2020 Newshound Guru Jeff Article: “With a value of 21 trillion dinars to pay salaries and expenses…an early date for the passage of the borrowing law” the borrowing law is the last thing we’re waiting for for them to change the rate. They can change the rate anytime after they complete this borrowing law…they’re tentatively telling us they want to do the second reading on Thursday. Article “Prime Minister Spokesman: To vote on the borrowing law next Thursday” that’s this Thursday…there are two articles suggesting to us they’re trying to do the second reading this Thursday…after they do the second reading this week we’re looking for the 3rd and final reading of the borrowing law on Saturday November 21st and then they can change the rate anytime after that. Read more…

Iraqi Dinar/US Dollar auction results 11-9-2020

Iraqi Dinar/US Dollar auction results 11-9-2020

The results of the foreign currency sale window on Monday 11/9/2020, and executed today

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Dollar exchange rates against the Iraqi dinar in the local market 11-9-2020

Dollar exchange rates against the Iraqi dinar in the local market 11-9-2020

MONDAY, 09-11-2020, AM 11:45

The exchange rates of the dollar stabilized in the main stock markets and local markets Monday (November 9, 2020). Read more…

Iraqi Dinar Guru opinions 11-8-2020

Iraqi Dinar Guru opinions 11-8-2020

11-8-2020 Newshound/Intel Guru RVAlready [ I think it is more likely that if there was agreement on Article 140 there would be an RV. The problem is that you can’t verify anything.] Yes. On Oct 10, 2020, the US embassy congratulated Iraq on implementing Article 140. Read more…

Iraqi Dinar/US Dollar auction results 11-8-2020

Iraqi Dinar/US Dollar auction results 11-8-2020

The results of the foreign currency sale window for Sunday 11/8/2020 and executed today

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63 trillion dinars of “reassuring cash” … half of it is in homes

63 trillion dinars of “reassuring cash” … half of it is in homes

11/08/2020 09:52:19

{Baghdad: Al Furat News} The director of the Rasheed Bank, Basem Abd Ali, confirmed the bank’s management’s ability to meet all loan requests in local currency, especially employee advances.
Abd Ali said in a press statement, “The bank’s branches are witnessing a great turnout for the purpose of credit. The bank’s liquidity and other banks are very reassuring and there is no reason for fear Read more…

Iraqi Dinar Guru opinions 11-7-2020

Iraqi Dinar Guru opinions 11-7-2020

11-7-2020 Newshound/Intel Guru Mnt Goat Article: “IRAQ ADOPTED THE WHITE PAPER OCTOBER 2020 FOR ECONOMIC REFORM” …two of the pillars of reform out of the White Papers…include: 1) REVIEWING THE CURRENT EXCHANGE RATE OF THE DOLLAR AGAINST THE DINAR; 2) Establishing new trading markets, such as a commodity market AND A CURRENCY EXCHANGE MARKET (FOREX). So now there is no more guessing game as what is in these White Papers that we are mostly concerned about. Their intentions are spelled out…all I can is WOW! Here it is in black and white for us to read. Read more…

The dollar fell against the Iraqi dinar 11-7-2020

The dollar fell against the Iraqi dinar 11-7-2020

7/11/2020 13:35

[Baghdad-Where] The
exchange rates of the dollar decreased in the Baghdad market today, Saturday, November 7, 2020.
A reporter said. Today, the Kifah Central Stock Exchange in Baghdad Read more…

The Finance Ministry reduces the borrowing ratio to 31 trillion, from 41

The Finance Ministry reduces the borrowing ratio to 31 trillion, from 41

7/11/2020 15:14

[Baghdad-Where]
The Parliamentary Finance Committee announced, on Saturday, that the Ministry of Finance reduced the borrowing rate to 21 trillion Iraqi dinars, after it was 41 trillion.
Committee member Ahmed Mazhar Al-Jubouri said, “His committee has conducted several consultations with the Ministry of Finance Read more…

Iraqi Dinar Guru opinions 11-6-2020

Iraqi Dinar Guru opinions 11-6-2020

11-6-2020 Newshound Guru Pimpy …Yes there was another report out by Bloomberg – if they don’t do something here soon Iraq is about to go bankrupt which is interesting considering all the new agreements that they have in their local neighborhood. The future looks very very bright for Iraq but they need to do something about the ‘now’. Here’s what they’ve done. Article: “A decisive agreement that solves the crisis…Passing the borrowing law and launching salaries next Monday” Thank God. Read more…

Iraqi Dinar Guru opinions 11-5-2020

Iraqi Dinar Guru opinions 11-5-2020

11-5-2020 Newshound/Intel Guru Mnt Goat Article: “AL-RAFIDAIN LAUNCHES LUCRATIVE OFFERS FOR IRAQIS TO DEPOSIT THEIR MONEY IN THE BANK” Each time in the past, when the CBI was proven to try to do the “project to delete the zeros” they had to collect these larger 3 zero notes and call them into the banks. We know why and its because they don’t want a bunch of overnight billionaires in Iraq. We know this will lead to the reinstate the currency. But first this part must be accomplished. This is not just my opinion or thinking on this subject but the past history speaks for itself. Folks all this news is falling right into what I have been waiting for…there are 3 articles from different sources on this in Iraqi news. So this is IMPORTANT! When the CBI speaks, I listen! Read more…

Iraqi Dinar/US Dollar auction results 11-5-2020

Iraqi Dinar/US Dollar auction results 11-5-2020

The results of the foreign currency sale window on Thursday 5/11/2020 and executed today

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The rise of the dollar in Iraq 11-5-2020

The rise of the dollar in Iraq 11-5-2020

11/05/2020 11:43:44

{Baghdad: Al Furat News} The exchange rate of the dollar in Iraq increased today, Thursday.
The exchange rate on the Al-Kifah and Al-Harithiya stock exchanges Read more…

Iraqi Dinar Guru opinions 11-4-2020

Iraqi Dinar Guru opinions 11-4-2020

11-4-2020 Newshound/Intel Guru Mnt Goat Article: “IRAQ: REVENUE DIVERSIFICATION CONTRIBUTES TO THE ACTIVATION OF THE PRIVATE SECTOR” This article should be nothing new to us. This is all over in the White Paper. Diversify, diversify, diversify! This revenue alone will surpass or at least rival the oil revenue. Imagine how rich Iraq is going to be if they can get the employee salaries (even 50%) also moved over to the private sector? That’s reserves that will amount to about 2.5 Billion a month. Rich! Rich!, Rich! Right now, they are the 4th riches country in the world. Oh – and you have some of their currency? Oh – and you bought it for less than a penny on a dollar…SMART! Read more…

Iraqi Dinar/US Dollar auction results 11-4-2020

Iraqi Dinar/US Dollar auction results 11-4-2020

The results of the foreign currency sale window on Wednesday 11/4/2020 and executed today

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The decline of the dollar in Iraq 11-4-2020

The decline of the dollar in Iraq 11-4-2020

11/04/2020 11:49:35

{Baghdad: Al Furat News} The exchange rates of the dollar in Iraq continued to decline today, Wednesday.
The exchange rate on the Al-Kifah and Al-Harithiya stock exchanges reached Read more…

Parliamentary Finance determines the amount of the borrowing law .. How much is it?

Parliamentary Finance determines the amount of the borrowing law .. How much is it?

11/4/2020 15:38

[Baghdadayne]
A member of Parliament has identified the amount specified in the law for borrowing, while noting that it is necessary to agree with the government to approve the borrowing law.
Committee member Shirwan Mirza said, “The approval of the bill depends on agreement with the government regarding the exact Read more…