Posts Tagged ‘Iraqi Dinar’

An economist reveals the reason for the Iraqi dinar’s decline against the dollar

An economist reveals the reason for the Iraqi dinar’s decline against the dollar

Posted, 06/11/2020 19:53

Baghdad today _ Baghdad

The economic expert, Abdul-Hassan Al-Shammari, revealed today, Wednesday, the reason for the high dollar exchange rate and the low price of the Iraqi dinar.

Abdul-Hassan Al-Shammari said, in an interview with (Baghdad Today), that “the devaluation of the Iraqi dinar is very little, due to Read more…

Iraqi Dinar Guru opinions 6-10-2020

Iraqi Dinar Guru opinions 6-10-2020

6-10-2020 Intel Guru Frank26 …There are many many countries that are pouring into Iraq now, all at once. They are squeezing in – Why? …because they’ve been working with the Central Bank of Iraq. They had to be one and understand that the economic and monetary reform of the Iraqi dinar has been launched. Amen… Read more…

Parliamentary Legal: We will take all measures to stop deduction of salaries in violation of the constitution

Parliamentary Legal: We will take all measures to stop deduction of salaries in violation of the constitution

06/10/2020 18:35:43

{Baghdad: Al Furat News} The Parliamentary Legal Committee announced its rejection of the Cabinet’s decision to deduct the salaries of retirees and employees.
“We categorically reject the constitutional violations by the Council of Ministers towards the strength of the Iraqi citizen and the entitlements of employees and retirees is a red line for us because prejudice to them affects the efforts of retirees and employees and what they have done in the service of their homeland,” the committee’s deputy head, Ali al-Ghazi, said in a statement.
He added, “We will take all legal measures that would stop these uncalculated actions, Read more…

Low dollar exchange rate in local markets 6-10-2020

Low dollar exchange rate in local markets 6-10-2020

WED, 10-06-2020, PM 3:38

The dollar exchange rates fell on the Kifah Stock Exchange and local markets, Wednesday, (June 10, 2020).
The prices of the Kifah Stock Exchange – Baghdad Read more…

Iraqi Dinar Guru opinions 6-9-2020

Iraqi Dinar Guru opinions 6-9-2020

6-9-2020 Newshound Guru Pimpy …In order for them [Iraq] to be a sovereign nation they must have a recognizable currency, so we are rooting for the people to recognize them as a sovereign nation so that we can get the currency recognized and we definitely can expect a rate change to happen by then. It’s all looking good…It seems to me like every bit of news now that we read seems to be going in a positive direction… Read more…

High dollar exchange rates against the Iraqi dinar in the local market 6-9-2020

High dollar exchange rates against the Iraqi dinar in the local market 6-9-2020

TUESDAY, 09-06-2020, PM 12:19

The exchange rates of the dollar rose on the Kifah Stock Exchange and local markets, on Tuesday, (June 9, 2020).

The prices of the Kifah Stock Exchange – Baghdad Read more…

Al-Kazemi’s advisor announces the intention to prepare a new salary scale and reveals the value of the deductions from employee allowances

Al-Kazemi’s advisor announces the intention to prepare a new salary scale and reveals the value of the deductions from employee allowances

6/09/2020 22:13

Baghdad today – Baghdad

The appearance of Mohammed Saleh, the financial advisor to the Prime Minister, Mustafa Al-Kazemi, Monday (8 June 2020) revealed a new salary scale that will be presented within three to four months, while he revealed a surprise regarding the auction of currency selling, which is valued at the Central Bank of Iraq.

“We have lost two thirds Read more…

Iraqi Dinar Guru opinions 6-8-2020

Iraqi Dinar Guru opinions 6-8-2020

6-8-2020 Intel Guru Footforward […you have mentioned that you think that Iraqi Dinar is purposely being made almost impossible to get now…] Iraq’s boarder is basically shut down. That means not much gets in or out. They are using the virus as the excuse. No one really thinks much of it. So i know because of that, dinar is hardly getting shipped out of Iraq. If Trump tells dinar dealers they have to shut down, that’s going to tell people the RV is real. When the RV is about to happen, they would have to wind down sales because any unsold dinar has to go back to the CBI. That obviously is a hassle. This way, with the boarder shut down, no order has to be given for dinar to stop being sold, and no one has to send unsold dinar back. It’s all sold and out of stock. This is all my opinion.. Read more…

The most important statement of the statements of the Minister of Finance Ali Allawi

The most important statement of the statements of the Minister of Finance Ali Allawi

JUNE 8, 2020

Finance Minister: We have a fiscal deficit of 5 trillion dinars per month

Finance Minister: Three main problems will be addressed without affecting low-income people

Finance Minister: Oil Read more…

Find out the exchange rate of the dollar today in Baghdad 6-8-2020

Find out the exchange rate of the dollar today in Baghdad 6-8-2020

JUNE 8, 2020

Foreign currency markets in Iraq recorded, on Monday, stability 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 6-7-2020

Iraqi Dinar Guru opinions 6-7-2020

6-7-2020 Intel Guru Frank26 …you have a government [Iraq] and the government was actually put together by Donald Trump. You [Iraq citizens] are now going to get what you deserve…an increase in the value of your currency so you have more purchasing power. You’ll be one-to-one with the American dollar inside of your county and outside eventually your currency will float and it’ll have an international rate…I think you already know what that rate is. Look at what the rate is for Saudi Arabia. Look at what the rate is for Kuwait. You’re not only going to have purchasing power added but now you’re going to have the mineral rights, oil rights…the Kurds IMO put their signature on this HCL and it’s going to be delivered I believe on Monday… Read more…

Finance Minister: We need 7 and a half trillion dinars for operating expenses

Finance Minister: We need 7 and a half trillion dinars for operating expenses

06/07/2020 18:24:50

{Baghdad: Al Furat News} The Finance Minister, Ali Abdul Amir Allawi, confirmed today, Sunday, the need for Iraq to 7 trillion and a half trillion dinars for operating expenses.
Allawi said in a statement, received by {Al Furat News}, that “his ministry is working on preparing for the budget in 2021,” adding “we are working on borrowing from the World Bank to address the financial crisis.”
Allawi ruled out “the adoption Read more…

Iraqi Dinar Guru opinions 6-6-2020

Iraqi Dinar Guru opinions 6-6-2020

6-6-2020 Intel Guru Frank26 It’s time to realize in my opinion that the monetary reform is point-blank. It’s out there and they’re talking about it to the citizens – the trickling down of information just the way we told you. They are protecting it. The CBI has locked their doors. The borders are shut down. Have you called anybody to see if you can buy this currency? It’s getting harder to get that’s all. Read more…

Low exchange rates of the dollar against the Iraqi dinar 6-6-2020

Low exchange rates of the dollar against the Iraqi dinar 6-6-2020

06/06/2020

Baghdad – Mawazine News

The dollar exchange rates fell on the Kifah Stock Exchange and local markets, Saturday, (June 6, 2020). Read more…

Al-Asadi: Reducing the dinar exchange rate represents a penalty for the Iraqi people because of economic failure

Al-Asadi: Reducing the dinar exchange rate represents a penalty for the Iraqi people because of economic failure

06/06/2020 00:53

Baghdad today – Baghdad

Hussein al-Asadi, a member of the House of Representatives, considered that attempts to reduce the price of the Iraqi dinar are a punishment for the Iraqi people because of wrong policies and economic failure.

Asadi said in a publication Read more…

Iraqi Dinar Guru opinions 6-5-2020

Iraqi Dinar Guru opinions 6-5-2020

6-5-2020 Newshound/Intel Guru Mnt Goat …they are now actually openly debating all the options as to what to do to save the economy of Iraq. Part of these discussions does include ending the currency auctions and the possibility of a “float” but, as we can see, they mean a float against other global currencies. You can’t float the dinar against just the US dollar as it is now solely pegged just to the US dollar. This is now a “fixed” rate. So the discussions evolved around a drastic change. By the way the CBI has already announced it WILL NOT devalue the dinar as a solution… Read more…

“It is possible to raise the exchange rate of the dinar against the dollar, even by a few percent”

An upcoming financial meeting chaired by Al-Kazemi discusses 10 economic alternatives and keeping salaries

“It is possible to raise the exchange rate of the dinar against the dollar, even by a few percent”

06/05/2020 09:25:20

{Baghdad: Al Furat News} The Finance Committee in the House of Representatives revealed an upcoming meeting that would bring it together with Prime Minister Mustafa Al-Kazemi and both the Ministry of Finance and the Central Bank to present 10 alternatives to overcome the current economic crisis and maintain Read more…

The dollar is declining in Iraq today 6-5-2020

The dollar is declining in Iraq today 6-5-2020

06/05/2020 11:17:44

{Baghdad: Al Furat News} Foreign currency markets in Iraq recorded, today, Friday, a decrease in 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 Guru opinions 6-4-2020

Iraqi Dinar Guru opinions 6-4-2020

6-4-2020 Newshound Guru Jeff …there’s two things they got to do for the rate change. – 7 ministers of the cabinet. – Complete that agreement with Kurdistan and sign off on it. They’re most likely to complete those the same week. The reason why they didn’t do it today, it’s real simple. It’s because they have a rate change date already set and scheduled. It’s done…the last remaining items they’re theoretically the linchpin for the rate change. What they’re going to do is finish these items in closer proximity to the timing of the rate change…when you see these items they are confirmation that the rate change is about to happen…you’re right on the edge of the rate change. This rate change is not going into July. It’s happening in the second half of June. The date is right in front of your eyes. Read more…

The Central Bank proposes to transfer the currency auction to the Ministry of Finance

The Central Bank proposes to transfer the currency auction to the Ministry of Finance

4/6/2020 13:26:37

{Baghdad: Al Furat News} The Central Bank of Iraq renewed its proposal that the Finance Ministry take over the sale of the dollar to the market directly for exchange in Iraqi dinars to cover budget expenditures without the central bank’s mediation.
The Central Bank attributed its proposal in its letter to the three presidencies, Read more…