Posts Tagged ‘Iraqi Dinar’

The price of the dollar in Baghdad today 4-2-2020

The price of the dollar in Baghdad today 4-2-2020

4/2/2020 14:20

[Follow-up] Where
, on Thursday, foreign currency markets in Iraq recorded a slight 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 came as follows: Read more…

Iraqi Dinar Guru opinions 4-1-2020

Iraqi Dinar Guru opinions 4-1-2020

4-1-2020 Intel Guru Frank26 …the same reserves that they use to support their currency exchange rate is what they are talking about tapping into now. The IMF is not going allow that. Why? Because the IMF wants them to raise the value of their currency and they need those reserves in order to raise the value of their currency…the only move is to exhale and raise the value of the currency…they need to jump into the international market with their own currency, with their own value. Read more…

A big jump for the dollar in Iraq against the Iraqi Dinar 4-1-2020

A big jump for the dollar in Iraq against the Iraqi Dinar 4-1-2020

1/4/2020 14:57

[Follow-up] Where
, on Wednesday, foreign currency markets in Iraq recorded a jump in the exchange rate of the US dollar against the Iraqi dinar.
The selling and buying prices of the dollar in banking companies and bureaus came as follows: Read more…

Iraqi Dinar Guru opinions 3-31-2020

Iraqi Dinar Guru opinions 3-31-2020

3-31-2020 Newshound Guru Pimpy …for 86% of us you could be guaranteed that within 5 months [of rate change] you’re gonna be flat broke. That’s haunting. A lot of you out there are saying, ‘man, that’s not gonna happen to me.’ But look most professional athletes that make hundreds of millions of dollars are flat broke within two year. That’s because nobody teaches them how to manage money. I’m sure all those people said the same thing…just be smart about your money … get an attorney that can set you up in a way where your assets are always protected. Read more…

An increase in the price of the dollar in the Iraqi market 3-31-2020

An increase in the price of the dollar in the Iraqi market 3-31-2020

2020-03-31

The exchange rates of the dollar rose on the Kifah Stock Exchange and local markets, on Tuesday, (31 March 2020). Read more…

Iraqi Dinar Guru opinions 3-30-2020

Iraqi Dinar Guru opinions 3-30-2020

3-30-2020 Intel Guru Frank26 Question: How much advance notice will currency dealers be given before the rate changes? IMO anywhere from I’d say 6 to 8 hours. I know my broker will be notified. He has to be. He has to make a decision. He can still sell dinars…he can shut down. And if he shuts down selling dinar well then you tell those that gave you the license…that relationship is personal between the Treasury of the United States of America and my dealer…so how much notice? IMO the time period that you are asleep… Read more…

The Iraqi Trade Bank announces an increase in its capital to three billion dollars

The Iraqi Trade Bank announces an increase in its capital to three billion dollars

06:44 – 30/03/2020

Baghdad – Mawazine News
The Iraqi Trade Bank (TBI) announced, on Monday, a new increase in its capital, adding to it more strength in line with its strategic vision for the years 2020-2023.
The bank said in a statement received / Mawazine News / a copy of it, that it “increased its capital from 2.3 billion dollars (2.7 trillion Iraqi dinars) to 3 billion dollars (3.5 trillion Iraqi dinars) in light of the results of its work for the year 2019 after its audit by the international audit company Ernst And Young Read more…

Iraqi Dinar Guru opinions 3-29-2020

Iraqi Dinar Guru opinions 3-29-2020

3-29-2020 Newshound Guru Jeff …Let’s say Iraq were to change the rate on Sunday April 12th. Those two email correspondences from those brokerage firms state they would reopen on Sunday the 12th. Let’s say the rate were to change on the 12th. “The trading floor is currency open 6 hours a week Sunday, Tuesday and Thursday from 10am to 12 noon.” …if the rate were to change on Sunday it doesn’t matter if the ISX reopens for business because the fact that they don’t even start trading until 10am Sunday morning. That would be after the rate change. My point is if the rate were to change on Sunday the 12th the rate would change while the ISX is still closed… Read more…

Dollar exchange rates against the Iraqi dinar in local markets 3-29-2020

Dollar exchange rates against the Iraqi dinar in local markets 3-29-2020

SUNDAY, 29-03-2020, AM 10:56

The exchange rates of the dollar were stable in the local markets, on Sunday, (29 March 2020).

Selling and buying prices in banking shops: Read more…

The central bank clarifies about news of the printing of the currency

The central bank clarifies about news of the printing of the currency

2020-03-29

Today, Sunday, the Central Bank of Iraq issued a clarification regarding the news circulating about the possibility of printing an Iraqi currency to “avoid” economic problems.

He said, “An authorized source” in the bank, according to a statement, “The printing of Iraqi banknotes Read more…

Iraqi Dinar Guru opinions 3-28-2020

Iraqi Dinar Guru opinions 3-28-2020

3-28-2020 Newshound Guru Pimpy …these people are in such an economical financial crunch they need to increase the rate. They need the increase very soon before they can’t recoup. They need to do this so they can start buying the things they need to get the country kick-started and rebuilding…99% of us feel like for some reason this coronavirus is just a distraction.. Read more…

Iraqi Dinar Guru opinions 3-27-2020

Iraqi Dinar Guru opinions 3-27-2020

3-27-2020 Intel Guru Frank26 …all the right pieces are in the right places to push the button to raise the value of the currency…these are the things we dream about, that we salivate about, that I sometimes cry about…now you’ve got Allaq from the CBI boldly coming out and saying this is the only solution – our monetary reforms, to lift the 3 zeros, add value, we’ve got to move forward… Read more…

Reducing the Iraqi dinar exchange rate, determinants and alternatives

Reducing the Iraqi dinar exchange rate, determinants and alternatives

Posted, 2020-03-27

Samir Al-Nassery

The Central Bank’s website has published a study of the Governor of the Central Bank, Mr. Ali Al-Alaq. The first of 2020. It is an accurate analytical study on the negative and positive determinants of economic reality and alternatives in the case of the current conditions of Iraq. The governor concluded in the end that the Iraqi dinar exchange rate Read more…

Iraqi Dinar Guru opinions 3-26-2020

Iraqi Dinar Guru opinions 3-26-2020

3-26-2020 Newshound Guru Pimpy …the PM just got the green light to establish his cabinet. And that came from the big block – the pro Iranian people.. Read more…

Iraqi Dinar Guru opinions 3-25-2020

Iraqi Dinar Guru opinions 3-25-2020

3-25-2020 Newshound/Intel Guru Mnt Goat Article: “THE IRAQI PRESIDENT TRANSMITS THREE AMERICAN DEMANDS TO ADNAN AL-ZARFI” Quote: “…the American demands are summarized in three axes: First: Reducing the role of the popular crowd (Iranian backed) and keeping it away from influencing the Iraqi political decision. Second: to keep the Iranian influence from penetrating into the political and economic life of Iraq through frank and direct negotiations with Iran about that. Third: Opening up to the Arab and regional ocean countries away from Iranian dictates.” So we are seeing the effort on the part of the US to get Iran out of Iraq and out of Iraqi politics. We all should know by now this is the impeding element in any progress towards currency reform. Read more…

The Prime Minister’s advisor talks about Iraq’s options to get out of the financial crisis and reveals the size of the deficit in the 2020 budget

The Prime Minister’s advisor talks about Iraq’s options to get out of the financial crisis and reveals the size of the deficit in the 2020 budget

2020-03-25

The appearance of Mohamed Saleh, the financial advisor to the resigned Prime Minister, Adel Abdel-Mahdi, commented on Wednesday (25 March 2020) on the option of resorting to the central bank to bridge the deficit caused by the drop in oil prices, and the crisis of the spread of the Corona epidemic, while pointing out that “financial discipline” is the basis Read more…

Iraqi Dinar Guru opinions 3-24-2020

Iraqi Dinar Guru opinions 3-24-2020

3-24-2020 Intel Guru Frank26 Question: Is it possible for the RI to be pushed out several months from the coronavirus epidemic? Of course it is but the way it’s moving right now in the direction that it’s going crescendo – peaking – almost over with, manufacturers helping, the whole economic world is not listening ‘Oh it’s a disaster’ instead they’re holding back and they’re gonna move the moment Trump tells them. So is it possible that the RI could be pushed out several months…? Based on all those things that we’ve been saying and studying, no I just don’t see that. Read more…

Iraqi Dinar Guru opinions 3-23-2020

Iraqi Dinar Guru opinions 3-23-2020

3-23-2020 Newshound Guru Breitling …you and I are in an absolute phenomenal position…I’ve been getting emails asking ‘How did you know it [oil] was gonna get down to $26 barrel?’ …This is a direct cause by policy. It doesn’t matter if the coronavirus came out or not. The coronavirus accelerated it 100% in my mind…we knew we were gonna get to $26 a barrel… Read more…

Iraqi Dinar Guru opinions 3-22-2020

Iraqi Dinar Guru opinions 3-22-2020

3-22-2020 Newshound Guru MilitiaMan …The ISX is said to come on line Tuesday. They have had time to change the rate and adjust share pricing, they have had almost a week now to do so and will need the rate ahead of open… IMO That would be hush hush mind you!! Just as is the meeting with Mnuchin and Congress is today.. The timing of this is huge imo!! …There are no coincidences here.. This is all coming together in sequence.. Sure there has been bumps in the road, but, the perfect storm is here and yet the sun is shining bright! Read more…

The stability of the dollar exchange in Baghdad today 3-22-2020

The stability of the dollar exchange in Baghdad today 3-22-2020

03/22/2020 13:59:20

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