Posts Tagged ‘Iraqi Dinar’

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…

Iraqi Dinar Guru opinions 9-27-2020

Iraqi Dinar Guru opinions 9-27-2020

9-27-2020 Newshound Guru Jeff …the fiscal year has transitioned because Iraq is now exiting the Chapter 7 sanctions of the U.N. They are transitioning back to their historical former fiscal year of April through March and leaving their formal year while they were under the Chapter 7 sanctions which is the U.S. calendar of January through December. Read more…

Iraqi Dinar/US Dollar auction results 9-27-2020

Iraqi Dinar/US Dollar auction results 9-27-2020

The results of the foreign currency sale window on Sunday 9/27/2020 and executed today

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Sale date – Sunday 9/27/2020 and executed today

the details Read more…

The exchange rate of the dollar against the Iraqi dinar in the local markets for today 9-27-2020

The exchange rate of the dollar against the Iraqi dinar in the local markets for today 9-27-2020

9/27/2020 17:02

[Baghdad-Where]

The dollar exchange rate decreased in the main stock markets, while it stabilized in local markets today, Sunday (September 27, 2020).
Al-Kifah Stock Exchange Read more…

Iraqi Dinar Guru opinions 9-26-2020

Iraqi Dinar Guru opinions 9-26-2020

9-26-2020 Newshound Guru Pimpy Article: “Parliamentary Finance: Approval of the current year’s budget will fulfill many demands” Obviously they’ve had a chance to review the reform papers…We know that the Finance Minister said talks about the exchange rate are in the reform papers but we don’t know what that means. I don’t want people to assume that 1. There’s going to be a rate change. It’s easy to make that assumption because they’re talking about it… 2. We don’t know what the rate is going to be…every time we hear talk about this we get all kinds of rumors…I’ve heard it as high as $15 which is totally ridiculous…everything is speculation. It’s okay to feel optimistic about what’s coming up but again just hang tight. Don’t be surprised if they try to throw out a “sucker rate”. One that looks half-ass tempted for you to turn in your dinar and then you turn it in then all of a sudden they release another rate a few month later that’s much higher…It’s not beyond people to do that. We shall see. Read more…

Dollar exchange rates in the local market today 9-26-2020

Dollar exchange rates in the local market today 9-26-2020

09/26/2020 10:05:21

{Baghdad: Al Furat News} The dollar price revolves in the same orbit, as it records close numbers with relative highs and lows.
The price of the dollar came today on the Kifah Stock Exchange: Read more…

Iraqi Dinar Guru opinions 9-25-2020

Iraqi Dinar Guru opinions 9-25-2020

9-25-2020 Intel Guru Frank26 The 2020 budget does have the program rate in it right now. But when the window opens for the 2020 budget to be complete it will introduce a new rate. It can certainly happen in these next three months IMO. The “operational budget” was recalculated a number of times. The exchange rate was recalculated over and over again…the 2020 has the new rate but the new calculation of the Iraqi dinar exchange rate are ready if this window opens…The key is Iran…When will that window open? I believe they have the security and stability right now for that window open wide open. I believe we are seeing it busting open. I can hear the glass breaking and hitting the concrete…the calculations for the 2020 budget are complete and wanting to be activated at a new exchange rate of 1 to 1. And it only goes up from there. Read more…

Iraqi Dinar Guru opinions 9-24-2020

Iraqi Dinar Guru opinions 9-24-2020

9-24-2020 Intel Guru Frank26 Question: “Why are they [US and Iraq] going to do the first currency swap at a program rate?” …IMO it’s brilliant…the first swap is to be advantageous to Trump and the Untied States of America and the American citizens and tax payer…The first swap at the program rate fills in the cupboards of the United States Treasury with a low costing dinar…Then a second swap at a new rate fills not only the CBI with their financial potential for their economy, citizens, International trade, all of this but it also acts as a loan fill-ins for the budget…IMO the 2021 budget will come out ready with a new exchange rate…Trump is doing like we did [getting dinar at a low price]… Read more…

Iraqi Dinar/US Dollar auction results 9-24-2020

Iraqi Dinar/US Dollar auction results 9-24-2020

The results of the foreign currency sale window on Thursday 9/24/2020 and executed today

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Sale date – Thursday 9/24/2020 and executed today

the details Read more…

The high exchange of the dollar in the Iraqi market 9-24-2020

The high exchange of the dollar in the Iraqi market 9-24-2020

12:14 – 09/24/2020

Baghdad – Mawazine News

The exchange rate of the dollar rose slightly in the main stock markets, while it stabilized in the local markets today, Thursday (September 24, 2020).
Al-Kifah Stock Exchange Read more…

Iraqi Dinar Guru opinions 9-23-2020

Iraqi Dinar Guru opinions 9-23-2020

9-23-2020 Newshound Guru MilitiaMan Article: “In the first decision…the new central bank governor settles a controversial matter” Wow, this is telling me that they have every intention to raise the value of the currency. The importance is straight forward and addressed. It is my understanding…we know they have been printing small notes (possibly coins) in 2018 and more recently in 2019 and 2020…They had issue with Alak’s name on of the categories. Imo The new CBI GOV has been around along time and would have known about all of this, thereby, imo they have that issue under control and we are about to see a big change and much improvement to the management of the new currency…WOW This article about the smalls is awesome. It sure shows us they have an incredible intention to use the smalls…That is a good thing… Read more…