Posts Tagged ‘Iraqi Dinar’

Iraqi Dinar Guru opinions 12-18-18

Iraqi Dinar Guru opinions 12-18-18

12-18-2018 Newshound Guru MilitiaMan Article: “A credit account in riyal and dinar between Iraq and Iran” Quote: “Citibank offers letters of credit for buyers in Latin America, Africa, Eastern Europe, Asia and the Middle East who may have difficulty obtaining international credit on their own.” I would suggest this is part of a necessary end for Iraq now that Monetary Reforms are gearing to be on a different page if you will, imo, that had/has to be done because of the volume of trade between Iraq and Iran. A letter of credit is commonly for International Trade between parties. It is serious business. …Go figure the timing of it too. IMO. Lets not forget Rick Perry and all those Companies in Iraq may need them too. By the way, CitiBank is one a large providers of Letters of Credit Globally.. They are Directly involved with Iraq as we know. Iraq wants guarantee they get paid for imports and exports. Fairly sure Iran in an unstable environment.. lol This is seriously looking good, imo.. Read more…

Iraqi Dinar/US Dollar auction results 12-18-18

Iraqi Dinar/US Dollar auction results 12-18-18

The results of the foreign currency sale window on Wednesday, 2018/12/19, and executed on Tuesday, 2018/12/18

Announcement No. ( 3854 ) Read more…

Dollar decline in Baghdad today 12-18-2018

Dollar decline in Baghdad today 12-18-2018

2018/12/18 9:50

Baghdad: foreign currency markets in Baghdad, on Tuesday morning, a decline in the exchange rate of the US dollar against the Iraqi dinar.
The market price in the Kifah Exchange in Baghdad was Read more…

Iraqi Dinar Guru opinions 12-17-18

Iraqi Dinar Guru opinions 12-17-18

12-17-2018 Newshound/Intel Guru Mnt Goat Article: “TO AMEND THE INVESTMENT LAW IN THE COMING DAYS” Quote: “The amendment of THE INVESTMENT LAW IS AN IMPORTANT POINT TO ELIMINATE UNEMPLOYMENT AND THE RETURN OF INDUSTRY AND THE PRIVATE SECTOR IN IRAQ and raise the market value of the Iraqi dinar…” I don’t want anyone telling me there aren’t any more laws needed in order to reinstate the currency. To bring in investors is all part of creating the atmosphere conducive to investors, which in turn, is the state of the economy needed to trigger the reinstatement. It is all coming together. Read more…

Iraqi Dinar/US Dollar auction results 12-17-18

Iraqi Dinar/US Dollar auction results 12-17-18

The results of the foreign currency sale window on Tuesday, 2018/12/18, and will be carried out on Monday, 2018/12/17

Announcement No. ( 3853 ) Read more…

The price of the dollar and the currencies in Baghdad today 12-17-2018

The price of the dollar and the currencies in Baghdad today 12-17-2018

2018/12/17 9:54

(Baghdad: Al-Furat News) Foreign currency markets in Baghdad, Monday morning, stabilized the exchange rate of the US dollar against the Iraqi dinar.
The market price in the stock market in Baghdad, Read more…

Iraqi Dinar Guru opinions 12-16-18

Iraqi Dinar Guru opinions 12-16-18

12-16-2018 Newshound Guru MilitiaMan Article: “In an interview with “The New Arab”, Muhsin al-Alaq, Acting Governor of the Central Bank of Iraq , talks about a difficult monetary and financial stage that has passed through his country,…” The Alak interview has told us that they are at a 6/1 (16.5%) good to bad ratio with loans. …he tells us that they have loans of 37 Billion Dinar of good and 6 billion Dinars worth ($5,000,000.00 USD) of bad. It is not a bad ratio for what they have been through to date. My point is that the value of the 6 bln Dinars is key that Alak points it out, imo. Why? Well it gives a value of that 6 bln. Alak cannot openly come out and tell us a rate or a date literally to the tee.. But, he can in my opinion indirectly point us to it with forward guidance. Read more…

Iraqi Dinar/US Dollar auction results 12-16-18

Iraqi Dinar/US Dollar auction results 12-16-18

The results of the foreign currency sale window on Monday, 2018/12/17, which is issued on Sunday, 2018/12/16

Announcement No. ( 3852 ) Read more…

Parliamentary finance reveals the value of Iraq’s cash reserves and warns of movements to affect the value of the dinar

Parliamentary finance reveals the value of Iraq’s cash reserves and warns of movements to affect the value of the dinar

2018/12/16 13:30

Baghdad today _ special

A member of the parliamentary finance committee, Hoshyar Abdullah, on Sunday (December 16, 2018), about Iraq’s cash reserves, while pointing out that Iraq is a country that has a good cash reserve.

“The news that the monetary reserve is declining is incorrect and the aim is to confuse the market and affect the price of the Iraqi dinar as part of moves adopted by Read more…

The price of the dollar in Baghdad today 12-16-2018

The price of the dollar in Baghdad today 12-16-2018

2018/12/16 9:42

(Baghdad: Al-Furat News) Foreign currency markets in Baghdad, on Sunday morning, stabilized the exchange rate of the US dollar against the Iraqi dinar.
The market price in the Baghdad Stock Exchange Read more…

Iraqi Dinar Guru opinions 12-15-18

Iraqi Dinar Guru opinions 12-15-18

12-15-2018 Newshound Guru Don961 Article: “Kurdistan announces the implementation of Article 140 of the Constitution” Sounds like some people in Kurdistan are spreading news that 140 is implemented… and are trying to erect barriers and borders…but no one told the residents yet…Either shenanigans or it has happened behind the scenes but not announced yet …either something happened to assure it…or KRG is making assumptions and jumping the gun. Read more…

Exchange rates of the dollar against the Iraqi dinar in the stock market and domestic markets 12-15-2018

Exchange rates of the dollar against the Iraqi dinar in the stock market and domestic markets 12-15-2018

15-12-2018 15:00

The exchange rate of the dollar stabilized for the fifth day in a row on the Stock Exchange and local markets on Saturday (December 15, 2018).
The prices of the Kifah Stock Exchange – Baghdad Read more…

Iraqi Dinar Guru opinions 12-14-18

Iraqi Dinar Guru opinions 12-14-18

12-14-2018 Newshound/Intel Guru Mnt Goat As far as I know I am still hearing good news on the reinstatement process and it is still on target for LATE Dec or EARLY Jan period. I know there are lots of rumors now flying around as usual about some window of opportunity for an RV happening this entire week. This is simply NOT true. So in this regards, I had a recent conversation with my CBI representative and the following is what I was told in response to my questions. Is there a plan now to RV the currency this week sometime? NO…The dinar is not planned for a revaluation. The dinar must first go through a “reinstatement” process. This is a series of approvals but we believe we are close… (I have been telling everyone this. Any significant change in value that we want comes from the “float” on the currency once it is reinstated. This is NOT a revaluation but a market drive on the rate due to speculation. It will then settle down to what the IMF calls its “nominal effective rate”) Read more…

Dollar and some currencies in Baghdad today 12-14-2018

Dollar and some currencies in Baghdad today 12-14-2018

Fri, 14 Dec 2018 08:15:20

Foreign exchange markets in Baghdad, on Friday morning, stabilize the exchange rate of the US dollar against the Iraqi dinar.
The price of the market on the Stock Exchange in Baghdad, Read more…

Iraqi Dinar Guru opinions 12-13-18

Iraqi Dinar Guru opinions 12-13-18

12-13-2018 Intel Guru Delta “US Chamber of Commerce in Iraq to discuss investment opportunities” Quotes: “This forum is being attended by more than 50 leading American companies and more than 100 business leaders…”; “We at the Iraqi Bank for Trade communicate between Iraq and the countries of the world through the network of correspondent banks, which facilitates the entry of these companies through the provision of guarantees or requirements for funding from these projects.” VERY …ENCOURAGING…WOW 50 AMERICAN COMPANIES… HUGE…IRAQI BANK READY TO GO… Read more…

Iraqi Dinar/US Dollar auction results 12-13-18

Iraqi Dinar/US Dollar auction results 12-13-18

The results of the foreign currency sale window on Sunday, 2018/12/16, which is carried out on Thursday, 2018/12/13

Announcement No. ( 3851 ) Read more…

Dollar decline in Baghdad today 12-13-2018

Dollar decline in Baghdad today 12-13-2018

2018/12/13 11:29

Baghdad: foreign exchange markets in Baghdad, on Thursday morning, a decline in the exchange rate of the US dollar against the Iraqi dinar.
The market price in the Baghdad Stock Exchange was Read more…

Iraqi Dinar Guru opinions 12-12-18

Iraqi Dinar Guru opinions 12-12-18

12-12-2018 Newshound Guru Breitling Question: “How do you handle people when they send you a disagreeing email?” First of all the way people approach some of the stuff I say it’s like an attack. At the same time they want to debate…I don’t mind doing that. I don’t mind telling people what I believe. But I never go after what people “think”. So I never respond to what they “think”. The only thing I can do is tell people what I know and be able to connect the dots that way. I don’t want people to take this wrong at all but I’m not trying to convince anybody of anything…all I’m talking about is how I invest in this and why I believe it. And that’s it. Read more…

Iraqi Dinar/US Dollar auction results 12-12-18

Iraqi Dinar/US Dollar auction results 12-12-18

The results of the foreign currency sale window on Thursday, 2018/12/13, which will be issued on Wednesday, 2018/12/12

Announcement No. ( 3850 ) Read more…

The price of the dollar and the currencies in Baghdad today 12-12-2018

The price of the dollar and the currencies in Baghdad today 12-12-2018

2018/12/12 10:13

(Baghdad: Al-Furat News) Foreign currency markets in Baghdad, on Wednesday morning, stabilized the exchange rate of the US dollar against the Iraqi dinar.
The market price in the Kifah Stock Exchange in Baghdad Read more…