Posts Tagged ‘Iraqi Dinar’

Iraqi Dinar Guru opinions 6-14-2025

Iraqi Dinar Guru opinions 6-14-2025

6-14-2025 Intel Guru Frank26 Notice even in the midst of all this military action with Iran next to you [Iraq], Saleh who is in charge of the Iraqi finances comes out first thing this morning and tells you, ‘We are secure and stable.’ What was it that we needed in order for you to have a new exchange rate with lower note currency? …Security and stability… Read more…

Iraqi Dinar Guru opinions 6-13-2025

Iraqi Dinar Guru opinions 6-13-2025

6-13-2025 Newshound/Intel Guru Mnt Goat They are telling us they must get these hoards of cash inside the banks… nearly 90% of the cash dinars are still outside the banking system…So, this step is FIRST to concentrate on the in-country dinars. Next they are going to come after the out-of-country dinars…I asked my CBI contact- does this also include our dinars, held outside Iraq with investors? … I was told YES…if they don’t’ retrieve these dinars in-country first, before the revaluation…there will be too much in the money supply and hyper-inflation will occur… she told me…They would first retrieve these hoards then, by revaluing the dinar in-country, then bring out the lower denominations. Read more…

Government advisor: The Iraqi dinar is stable, but the parallel market is witnessing a significant decline in the value of the dollar.

Government advisor: The Iraqi dinar is stable, but the parallel market is witnessing a significant decline in the value of the dollar.

2025/06/13

The Prime Minister’s advisor for financial affairs, Mazhar Mohammed Salih, confirmed that the Iraqi dinar is witnessing remarkable stability, noting that the stability of the exchange rate represents an important indicator in financing the demand for external transfers for trade purposes at a fixed and Read more…

Iraqi Dinar Guru opinions 6-12-2025

Iraqi Dinar Guru opinions 6-12-2025

6-12-2025 Newshound Guru Sandy Ingram This is breaking news reported by the New York Times…”U.S. to Reduce Diplomatic Presence in Iraq amid rising tensions.” This move comes as tensions in the Middle East are rising and talks between the US and Iran over nuclear weapons appears to be going nowhere …We are deeply concerned about this latest announcement. Iraq is caught in the middle. Its government wants good relationships with both the United States and Iran but that’s becoming harder as the two countries drift further apart…Stay positive, this too will pass. Read more…

Iraqi Dinar Guru opinions 6-11-2025

Iraqi Dinar Guru opinions 6-11-2025

6-11-2025 Newshound Guru Sandy Ingram Iraq is on the Forex market… but not in the same way as major global currencies like the US dollar, Euro or British pound. The IQD is not freely convertible internationally. You can’t walk into a bank or forex platform in the United States or Europe and easily trade IQD. Most major Forex brokers do not list the Iraqi dinar for retail trading because it is a non-convertible restricted currency. Its trading is confined mainly to inside Iraq or in niche physical currency exchanges abroad, often for speculative purposes. Read more…

The Central Bank of Iraq announces the latest statistics on its foreign exchange reserves.

The Central Bank of Iraq announces the latest statistics on its foreign exchange reserves.

2025-06-11 04:41

Shafaq News/ The Central Bank of Iraq announced, on Wednesday, an increase in its foreign currency reserves during May 2025.

The bank stated in official statistics, reviewed by Shafaq News Agency, that “the Central Bank’s foreign reserves as of May 22 of this year Read more…

Iraqi Dinar Guru opinions 6-10-2025

Iraqi Dinar Guru opinions 6-10-2025

6-10-2025 Newshound Guru Samson Article: “The era of the digital republic has begun – Iraq is cashless, and the Central Bank imposes its authority as the ‘ruler of the country’ ” Read more…

Iraq’s remittances abroad exceed $300 billion over the past five years, with minimal interest.

Iraq’s remittances abroad exceed $300 billion over the past five years, with minimal interest.

2025-06-10 02:04

Shafaq News/ The Iraq Future Foundation for Economic Studies and Consultations on Tuesday counted the total amount of money transferred out of the country over the past five years, stating that it amounted to more than $300 billion, with minimal interest returned to the state compared to the amount of money transferred out.

In a report published today, the institution’s head, Read more…

Iraqi Dinar Guru opinions 6-9-2025

Iraqi Dinar Guru opinions 6-9-2025

6-9-2025 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Iraq TV Channel One, Central Bank of Iraq revealed the value of the issued currency, ‘printed’ in Iraq currently at its lowest level in a year. FRANK: You’re [the CBI] are distinguishing the 3 zero notes…You’re not talking about the lower notes. Read more…

Iraq joins the club of advanced countries in electronic payments with 22 million bank cards.

Iraq joins the club of advanced countries in electronic payments with 22 million bank cards.

2025/06/09

Nabil Al Najjar, head of the electronic payments team, announced that Iraq has become one of the most advanced countries in this field, thanks to decisive government decisions and support from the Central Bank and the financial sector. He noted that the number of bank cards has exceeded 22 million, and that their usage is constantly increasing, with intensive efforts to Read more…

The currency printed in Iraq is at its lowest level since a year.

The currency printed in Iraq is at its lowest level since a year.

2025-06-08 | 02:58

Data showed Central Bank of Iraq The value of the issued currency, “printed” in Iraq Currently at its lowest level in a year.

According to the latest data Statistics For the currency issued in Iraq In April 2025, the value of the issued “printed” currency will be Read more…

Iraqi Dinar Guru opinions 6-7-2025

Iraqi Dinar Guru opinions 6-7-2025

6-7-2025 Newshound/Intel Guru Mnt Goat where…are…we…with the RV saga… The choo-choo train is still moving down the tracks quickly. It may make stops along the way, such as to combat money laundering, implementing financial reforms, implementing the Development Road Project, etc, etc. …Many of these plans are already accomplished, some now in motion and some still in the planning stages…They do not have to implement all of these plans to get there…Later this wealth will sustain the value of the dinar once reinstated…all trains eventually make it to the end of track. This end is coming. Read more…

140 trillion dinars enter the Iraqi treasury in one year, 91% of which comes from oil.

140 trillion dinars enter the Iraqi treasury in one year, 91% of which comes from oil.

2025-06-07 00:32

Shafaq News/ The Iraqi Ministry of Finance revealed on Saturday that the revenues in the 2024 federal budget exceeded 140 trillion dinars, confirming that oil contributed 91% of those revenues.

Shafaq News Agency reviewed the data and tables issued by the Ministry of Finance in May for the previous fiscal year’s accounts, which showed Read more…

Iraqi Dinar Guru opinions 6-6-2025

Iraqi Dinar Guru opinions 6-6-2025

6-6-2025 Newshound/Intel Guru Mnt Goat Article: “ADVISOR TO THE PRIME MINISTER: THE VALUE OF IRAQ’S NATURAL RESOURCES EXCEEDS $16 TRILLION”. Quote: “…This is within the framework of the strategic directions of the Iraqi government’s program to diversify sources of national income…” …Sounds to me that when they ramp up this effort into high-gear, Iraq could see this revenue stream almost, if not equaling the oil revenues. So, again we see Iraq beating it’s chest as they are proud of their wealth…Basel requirements state the currency should reflect the value of the assets of that nation…All I can add is WOW! Read more…

Iraqi Dinar Guru opinions 6-5-2025

Iraqi Dinar Guru opinions 6-5-2025

6-5-2025 Newshound Guru Militia Man It’s been many month, a long time, that we’ve heard any talk about the World Trade Organization but they’re doing it again. I don’t think that’s a coincidence. It’s obvious Iraq is pushing to go and integrate into the international financial system…All of this is coming together quite beautifully. Article Quote “Iraq has made significant progress towards joining the World Trade Organization.” …Integration is inevitable as far as I can tell. Read more…

Iraqi Dinar Guru opinions 6-4-2025

Iraqi Dinar Guru opinions 6-4-2025

6-4-2025 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: They’re saying the exchange rate reform is officially enabled. This is on TV…They said the first step one was the closing of the gap between the official rate and the street rate…They’re telling us the official rate and the street rate are now getting close and that was the first phase. Then they started to talk about…two more phases…The second phase will deal with the IMF and double-checking to make sure the Iraqi dinar has met all the global standards and the final step…will be engagement. They are not giving us a date or details just the plans on currency rates plans… FRANK: This education is now at the point where it’s ready to show you what they have been talking to you about. You are so close. This currency report blew me out of the water. It’s outstanding!​ Read more…

Iraqi Dinar Guru opinions 6-3-2025

Iraqi Dinar Guru opinions 6-3-2025

6-3-2025 Newshound Guru Clare Article: “Al-Nujaifi: The role of forces linked to Iran in the next parliament will not exceed 30%.” Quote: “Regional changes have given us a firm conviction that Iranian influence has declined significantly, and that those who still seek refuge in it are facing crises and problems, and have lost influence and gains. The situation is not the same as it was four years ago” Read more…

Economic Analysis: The Rise of the Dollar Against the Iraqi Dinar – Causes, Impacts, and Possible Solutions

Economic Analysis: The Rise of the Dollar Against the Iraqi Dinar – Causes, Impacts, and Possible Solutions

6-3-2025

Researcher Shaza Khalil *
The exchange rate of the US dollar against the Iraqi dinar has recently increased. Major markets in Baghdad and Basra closed at a selling price of 142,250 dinars and a buying price of 141,250 dinars. In Erbil, the selling price reached 141,000 dinars and the buying price 140,000 dinars. These increases reflect increasing pressure on the Iraqi dinar, raising concerns about Read more…

After talks of a liquidity crisis, the Central Bank reveals an inventory of its coffers.

After talks of a liquidity crisis, the Central Bank reveals an inventory of its coffers.

2025-06-03

The Central Bank of Iraq confirmed on Monday that it has reserves exceeding $100 billion, amid growing talk of a financial crisis and liquidity shortage facing the state treasury.

“Liquidity is fully available, whether in Iraqi dinars or US dollars, and there is no Read more…

Iraqi Dinar Guru opinions 6-2-2025

Iraqi Dinar Guru opinions 6-2-2025

6-2-2025 Newshound Guru Militia Man The data supports big things are about to take place…The last 3 to 4 days have been really powerful information. It shows Iraq is integrating into the international financial system, into the global community. They’re talking about it, the UN is talking about it specifically…We know we’ve had the support from the United States Treasury, the World Bank, IMF, UN, major financial institutions, other central banks in the region, a successful Arab League conference…powerful information… Read more…