Posts Tagged ‘Iraqi Dinar’

Iraqi Dinar Guru opinions 10-4-2020

Iraqi Dinar Guru opinions 10-4-2020

10-4-2020 Newshound/Intel Guru Mnt Goat Article: “THE WORLD BANK: IRAQ STANDS AT A CROSSROADS AND ITS GDP IS THE WORST SINCE 2003” Quote: “LACK OF STABILITY, LACK OF JOB OPPORTUNITIES, CORRUPTION AND POOR SERVICE PROVISION REMAIN AMONG THE MOST IMPORTANT RISKS SURROUNDING THE COUNTRY’S LONG-TERM GROWTH,” It’s not that they are not doing all these things but they are too slow to act. Also, these things should have been done already a decade ago. I think this is the point of the WB. We can see articles with the new prime minister al-Kazemi implementing programs to correct these issues. But it is an uphill battle all the way. Read more…

Iraqi Dinar/US Dollar auction results 10-4-2020

Iraqi Dinar/US Dollar auction results 10-4-2020

The results of the foreign currency sale window on Sunday 10/4/2020 and executed today

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Sale date – Sunday 10/4/2020 and executed today

the details Read more…

For the second day .. The decline in the exchange rates of the dollar against the Iraqi dinar in Karbala

For the second day .. The decline in the exchange rates of the dollar against the Iraqi dinar in Karbala

SUN, 04-10-2020, PM 5:55

The exchange rates of the US dollar decreased for the second day against the Iraqi dinar in the local markets in Karbala, today, Sunday (10/4/2020). Read more…

Iraqi Dinar Guru opinions 10-3-2020

Iraqi Dinar Guru opinions 10-3-2020

10-3-2020 Newshound Guru MilitiaMan Article: “Al-Rafidain Appeals To Citizens To Deposit Their Money In The Bank And Not To Hoard It In Homes” [Could this be the last ditch effort before the rate changes to get them 000 notes?] I suspect that is exactly what is going on. They have been told their currency is to strengthen and have been told they’ll need to be apart of that electronic system as, the new system is coming on line. That may very well be very soon from the sounds of it. Tomorrow [Saturday] is a special day [Tomorrow .. the anniversary of the independence of Iraq from the British mandate.] If nothing changes it is to be Iraq’s new international day and by international law standards. That should bring with it full sovereignty… Read more…

Low exchange rates of the dollar in Baghdad 10-3-2020

Low exchange rates of the dollar in Baghdad 10-3-2020

10/3/2020 10:48

Where News _

Baghdad The exchange rates of the dollar decreased in the Baghdad markets, today, Saturday, October 3, 2020.

The correspondent of the Wayne News Agency said that the Central Al-Kifah Stock Exchange in Baghdad Read more…

Iraqi Dinar Guru opinions 10-2-2020

Iraqi Dinar Guru opinions 10-2-2020

10-2-2020 Intel Guru Frank26 The last five days all they talk about is the exchange rate of the Iraqi dinar… “no Frank, they said they are going to decrease the value of the Iraqi dinar?” The translation isn’t proper. The wording is wrong…what they’re doing is they’re going to decrease the 3 zeros from the exchange rate to add value to the currency of the Iraqi dinar… Read more…

Iraqi Dinar Guru opinions 10-1-2020

Iraqi Dinar Guru opinions 10-1-2020

10-1-2020 Newshound Guru MilitiaMan Article: “Trade and Communications discuss the implementation of the digital economy project” Get ready to be digital with a new system in place that will provide transparency. They say it is for a digital economy. Well, the last I checked the IQD is to be very big part of that equation. The taxes and tariffs at the borders will be digitized, block chain oriented. Just as they new IQD will be with the new print they talk about that will replace the 10k, 25k and 50k notes. There is change on the horizon and they will monitor it all along the way, 6 layers deep.. imo.. Look at the money at stake.. This country is about to explode in value. imo. Read more…

Iraqi Dinar/US Dollar auction results 10-1-2020

Iraqi Dinar/US Dollar auction results 10-1-2020

The results of the foreign currency sale window on Thursday 10/1/2020, and executed today

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Sale date – Thursday 10/1/2020 and executed today

the details Read more…

The Ministry of Finance responds to allegations of losing 6 trillion dinars and warns

The Ministry of Finance responds to allegations of losing 6 trillion dinars and warns

2020/10/01 15:20:16

{Baghdad: Al Furat News} The Ministry of Finance “categorically rejected social media allegations that 6 trillion dinars could not be tracked through the 15 trillion dinars borrowing that was approved by the House of Representatives in May 2020.”
A statement by the ministry, of which the Al Furat News Agency received a copy, stated that “the loan amounts approved by the House of Representatives were used Read more…

The dollar’s ​​exchange rate continues to rise in the Iraqi market Thursday, October 1

The dollar’s ​​exchange rate continues to rise in the Iraqi market Thursday, October 1

10/1/2020 14:58

Where News _ Baghdad

The exchange rates of the dollar in the main stock market and local markets continued to rise dramatically and rapidly today, Thursday (October 1, 2020), Read more…

Iraqi Dinar Guru opinions 9-30-2020

Iraqi Dinar Guru opinions 9-30-2020

9-30-2020 Newshound/Intel Guru Mnt Goat Article: “THE CENTRAL BANK HOLDS A MEETING WITH THE IRAQI BANKING SECTOR” Quote: “the importance of developing banking services and products in the next stage.” So, what does this mean? To me it means that when they end the currency auctions the banks will need other means of generating revenues to survive. Right now, they rely on nearly 90% of their bank revenue from the spread $$ from the currency auctions. To end the auctions, the CBI must find other means for the banks to survive and profit. They also need a plan to get the salaries into the bank to create liquidity for loans, etc. So, this is all good news, however we have been hearing this for years already but nothing is ever done about it. Let’s hope it’s different this time. Read more…

Iraqi Dinar/US Dollar auction results 9-30-2020

Iraqi Dinar/US Dollar auction results 9-30-2020

The results of the foreign currency sale window on Wednesday 9/30/2020, and executed today

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Sale date – Wednesday 9/30/2020 and executed today

the details Read more…

A significant rise in the exchange rates of the dollar against the dinar

A significant rise in the exchange rates of the dollar against the dinar

9/30/2020 12:05

Where news _ Baghdad

The exchange rates of the dollar in the main stock markets, and local markets, rose significantly and rapidly today, Wednesday (September 30, 2020). Read more…

Iraqi Dinar Guru opinions 9-29-2020

Iraqi Dinar Guru opinions 9-29-2020

9-29-2020 Newshound/Intel Guru Petra …we haven’t seen the reform papers yet and we haven’t seen the budget yet because they all have to do with the rate…what else needs to happen? We need to see the rate. And now this International day coming on the 3rd…I think we’re at the end of the train finally…I think this next week is going to be quite exciting… Read more…

Iraqi Dinar/US Dollar auction results 9-29-2020

Iraqi Dinar/US Dollar auction results 9-29-2020

The results of the foreign currency sale window on Tuesday 9/29/2020 and executed today

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The closure of the embassy “causes the exchange rate of the dollar to rise in Baghdad and Kurdistan

The closure of the embassy “causes the exchange rate of the dollar to rise in Baghdad and Kurdistan

9/29/2020 10:32

Where News _

Baghdad The exchange rates of the dollar rose in the markets of Baghdad and Kurdistan today, Tuesday, September 29, 2020.

The correspondent of Shafaq News Agency said that the Central Al-Kifah Stock Exchange in Baghdad Read more…

Iraqi Dinar Guru opinions 9-28-2020

Iraqi Dinar Guru opinions 9-28-2020

9-28-2020 Intel Guru RayRen98 Weekend UPDATE…SUNDAY Iraqi TV has been broadcasting the CBI governor announcing the launch of the paper reforms for the currency of Iraq coming to the banking sector soon. This broadcast has been on a continuous “news loop” throughout the day. Read more…

Iraqi Dinar/US Dollar auction results 9-28-2020

Iraqi Dinar/US Dollar auction results 9-28-2020

The results of the foreign currency sale window on Monday 9/28/2020, and executed today

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Sale date – Mon 28/9/2020 and executed today

the details Read more…

A political analysis warns: Closing the US embassy means isolating Iraq internationally

A political analysis warns: Closing the US embassy means isolating Iraq internationally

Monday 28 September 2020 | 05:21 pm

The Iraqi political analyst Najm Al-Qassab confirmed today, Monday, that the United States’ decision to close its embassy in the Iraqi capital, Baghdad, means placing Iraq in international isolation.

Al-Qassab told “Eye of Iraq News”, that “Iraq is weak economically, politically, and even our security, and the United States of America possesses power and relations with all the great European countries, the Gulf and others, and America is the protector of the Iraqi dinar Read more…

Dollar exchange rates against the Iraqi dinar in the local market 9-28-2020

Dollar exchange rates against the Iraqi dinar in the local market 9-28-2020

MONDAY, 09-28-2020, PM 3:51

The exchange rate of the dollar rose slightly in the main stock markets, while it stabilized in local markets today, Monday (September 28, 2020). Read more…