Posts Tagged ‘Iraqi Dinar’

Low dollar exchange rate in local markets 7-1-2020

Low dollar exchange rate in local markets 7-1-2020

WED, 01-07-2020, AM 11:56

The dollar exchange rates fell on the Kifah Stock Exchange and local markets, Wednesday, (July 1, 2020).
The prices of the Kifah Stock Exchange – Baghdad Read more…

Iraqi Dinar Guru opinions 6-30-2020

Iraqi Dinar Guru opinions 6-30-2020

6-30-2020 Newshound Guru Breitling …There’s two options on the table. To withdraw from the reserve or to add value to the currency. That’s the main debate going on. So some of these guys in parliament are are like, ‘let me get this straight, so if it’s not $66 per barrel [oil] we’re getting our asses kicked financially domestically inside of Iraq. But if we add value to our currency not only do we get to keep our reserve but if we get it high enough we can pay all of our salaries? There’s actually a debate on whether we are going to use our reserve or add value to our currency?’ That’s how ridiculous it is… Read more…

Parliamentary solutions to get out of the financial crisis in Iraq

Parliamentary solutions to get out of the financial crisis in Iraq

09:36 – 30/06/2020

BAGHDAD – Mawazine News
, the independent deputy, engineer Muhammed Shi’a Al-Sudani, on Tuesday presented solutions to get out of the financial crisis in Iraq.
“In light of the challenges facing the country, the government has a number of urgent measures in place to enable it to fulfill its obligations, specifically in front of employees, retirees, social welfare, processing of the ration card and the crisis cell benefits in relation to confronting the Crohna virus,” Al-Sudani said in a statement. “.
He stressed that “the important part of the economic reforms is to collect customs tariff fees and protect the product while controlling the window for selling the currency from the central bank in which the sale reached large numbers, including 240 million dollars sold in one day,” asking, “Who directed this money? And what imports?” Read more…

The dollar stabilizes today in Iraq 6-30-2020

The dollar stabilizes today in Iraq 6-30-2020

06/30/2020 10:26:16

{Baghdad: Al Furat News} Foreign currency markets in Iraq recorded, today, Tuesday, the stability of the exchange rate of the US dollar against the Iraqi dinar.
The selling and buying prices of the dollar in banking companies and offices are as follows: Read more…

Iraqi Dinar/US Dollar auction results 6-30-2020

Iraqi Dinar/US Dollar auction results 6-30-2020

The results of the foreign currency sale window for Tuesday 30/6/2020, executed today

Announcement No. (4207) Read more…

The central bank cuts the interest of small and medium loans

The central bank cuts the interest of small and medium loans

6/30/2020 12:20

[Baghdad-Line]
The Association of Iraqi Private Banks announced that the Iraqi Central Bank will reduce the interest rate on loans within the initiative of the Central Bank to accelerate the recovery of the Iraqi economy after it was affected by the Corona pandemic.

The Executive Director of the Association of Iraqi Private Banks, Ali Tariq, said in a statement Read more…

Iraqi Dinar Guru opinions 6-29-2020

Iraqi Dinar Guru opinions 6-29-2020

6-29-2020 Newshound Guru MilitiaMan Article quote: “…The Governor of the Central Bank of Iraq, Ali Mohsen Ismail, instructed to bear the costs of the Zakaria citizen’s operation within the Tamkeen initiative sponsored by the Iraqi Central Bank and Iraqi banks.” Get ready folks.. This is all about going international and bringing in the PRIVATE SECTOR! OH YA!!! …WOW… Read more…

Iraqi Dinar/US Dollar auction results 6-29-2020

Iraqi Dinar/US Dollar auction results 6-29-2020

The results of the foreign currency sale window for Monday 29/6/2020, executed today

Advertisement No. (4206)
Sale date – Monday 29/6/2020, executed today

the details Read more…

Low dollar exchange rates against the Iraqi dinar in local markets 6-29-2020

Low dollar exchange rates against the Iraqi dinar in local markets 6-29-2020

MONDAY, 29-06-2020, PM 12:43

The dollar exchange rates fell on the Kifah Stock Exchange and local markets, Monday, (June 29, 2020).
The prices of the Kifah Stock Exchange – Baghdad recorded Read more…

Iraqi Dinar Guru opinions 6-28-2020

Iraqi Dinar Guru opinions 6-28-2020

6-28-2020 Newshound Guru MilitiaMan Article: “Parliamentary Finance decision: Kurdistan has handed over its employee database to Baghdad…This is their exact number” Quote: “…this is what finally reached the signing of the comprehensive agreement…” …This looks to be the comprehensive deal that is done now and what we have been waiting for…imo! Love it! imo It is timed right before the adjustments to be made at the borders with taxes, tariifs and fees that will be electronically monitored allocated accordingly…Wow…The timing is imo HUGE!! The HCL/2019 FMLA, salaries, etc, is in this…Wow!! Read more…

Iraqi Dinar/US Dollar auction results 6-28-2020

Iraqi Dinar/US Dollar auction results 6-28-2020

The results of the foreign currency sale window on Sunday 6/28/2020, implemented today

Announcement No. (4205)
Sale date – Sunday 28/6/2020, implemented today

the details Read more…

The dollar is falling against the Iraqi dinar 6-28-2020

The dollar is falling against the Iraqi dinar 6-28-2020

SUNDAY, 28-06-2020, PM 12:24

On Sunday, the dollar exchange rate hit a new low against the dinar on the local market.

The selling price of the dollar Read more…

Iraqi Dinar Guru opinions 6-27-2020

Iraqi Dinar Guru opinions 6-27-2020

6-27-2020 Newshound Guru Pimpy …I told you guys things were starting to go and move at neck-breaking pace. Things are going really really good…We’re that close IMO to the rate change happening for the Iraqi dinar…there’s a push and I know I’m right about this…we see a lot of things happening at one time… Article: ” Al – Kazemi on the strategic dialogue with America: It was confirmed for the first time the recognition of national sovereignty”. Didn’t I tell you what they needed to do? Did I not say they have to restore their sovereignty and then we need their currency to be recognized internationally? …I’m telling you what’s gonna happen is when they get here into the United States you’re gonna see it… Read more…

Dollar exchange rates on the local market today 6-27-2020

Dollar exchange rates on the local market today 6-27-2020

06/27/2020 10:27:52

{Baghdad: Al Furat News} The exchange rates of the dollar have witnessed relative stability in the Iraqi local market today.
Where the Baghdad Stock Exchange Read more…

The central bank clarifies regarding foreign reserves in it and the fact that it is a surplus invested abroad

The central bank clarifies regarding foreign reserves in it and the fact that it is a surplus invested abroad

6/27/2020 14:14

[Baghdad_Eye] The
Governor of the Central Bank of Iraq, Ali Al-Alaq, explained about the foreign reserves in the bank and the fact that it is a surplus invested abroad.
Alaak said in a statement, about what some are deliberating regarding the uses and concept of foreign currency reserves Read more…

Iraqi Dinar Guru opinions 6-26-2020

Iraqi Dinar Guru opinions 6-26-2020

6-26-2020 Newshound Guru MilitiaMan Article: “Clarification on foreign reserves in the Central Bank of Iraq” Quote: “…the minimum value of foreign reserves that the monetary authority must possess and that is calculated according to internationally approved standards – represents the ability of the monetary authority to defend the local currency exchange rate”… This article ought to be one we all smile about… Because they are not doing this now at a program rate. imo.. They are gearing up to use the tools for a new exchange rate and it appears they are ready to act on a moments notice…imo…This is timed accordingly… Read more…

The central bank issues an explanation about the concept of foreign currency reserves

The central bank issues an explanation about the concept of foreign currency reserves

Posted, 2020-06-26

On Thursday, the Governor of the Central Bank of Iraq, Ali Al-Alaq, issued a clarification on the concept of foreign currency reserves and its uses.

Alaak said in a statement today that “with regard to the uses and concept of foreign currency reserves (cash, deposits, bonds, gold) with the central bank, Read more…

Kidding: By the end of this year, we will suffer a financial deficit of 40 trillion dinars

Kidding: By the end of this year, we will suffer a financial deficit of 40 trillion dinars

6/26/2020 14:02

[Baghdad_Eain]
Between a member of the Parliamentary Finance Committee Haneen Al-Qaddou, that Iraq will suffer from a budget deficit at the end of this year to reach 40 trillion dinars, stressing at the same time the need to control non-oil imports such as ports, taxes and collection to reduce the deficit to the natural limits.
Al-Kiddu said, “There are expectations that the government will present the budget on June 30 to the House of Representatives Read more…

The dollar is declining in Iraq today 6-26-2020

The dollar is declining in Iraq today 6-26-2020

6/26/2020 14:33

[Baghdad_Eye]
Foreign currency markets in Iraq recorded, today, Friday, a decrease in the exchange rate of the US dollar against the Iraqi dinar.
The prices of buying and selling dollars in banking companies and offices are as follows: Read more…

Iraqi Dinar Guru opinions 6-25-2020

Iraqi Dinar Guru opinions 6-25-2020

6-25-2020 Newshound Guru Pimpy Article “Iraq officially discloses the date for Al-Kazimi’s visit to Washington” This is big man. I don’t know why. Call me crazy it’s just a vibe that I have. I don’t know how to explain it but something tells me this visit is going to be the big visit. I think we’re gonna see some great things… hopefully Trump himself gets into this meeting and what we find out is they’re very happy about the progress that’s been made and we restore the sovereignty of Iraq and remove all restrictions off their currency and allow them then to trade on the Forex…it’ll change the rate of an Iraqi dinar if it gets on Forex. There has been a lot of really positive and good news. A lot of good positive vibes. I like what’s going on. I’m excited about it… Read more…