Posts Tagged ‘Iraqi Dinar’

Iraqi Dinar Guru opinions 8-3-17

Iraqi Dinar Guru opinions 8-3-17

8-3-2017 Newshound/Intel Guru Mnt Goat So we heard about the second audit review Iraq had with the IMF…8/1. …this meeting was not all about the RV and approving the new rate…I am sure they talked about this event but trust me it was not about “pulling the trigger” this week. Many say that even if the meeting was all about the RV they wouldn’t tell us anyway and make it so open and public. I believe just the opposite. The CBI is not hiding this event folks. They have no reason to hide it. They are very proud to bring back their currency to its former glory. The CBI also told the public in Iraq many times they will educate them along the way. We expect it to happen again, when the time is ready. The reason we have not yet seen this is that they are NOT YET READY. Read more…

Iraqi Dinar/US Dollar auction results 8-3-17

Iraqi Dinar/US Dollar auction results 8-3-17

The results of the foreign currency sale window on Sunday 6-8-2017 and issued on Thursday 3-8-2017

Announcement No. (3497)
The offers of the sale and purchase of daily foreign currency in the Central Bank of Iraq were opened on Sunday 6-8-2017 and executed on Thursday 3-8-2017. The results were as follows: Read more…

The Central Bank announces a plan to increase the number of foreign banks in Iraq

The Central Bank announces a plan to increase the number of foreign banks in Iraq

03-08-2017 07:52 PM

The governor of the Central Bank Ali al-Alak, on Thursday, a plan aimed at increasing the number of Arab and foreign banks and financial companies operating in Iraq will continue until 2020.

Al-Alak said in an interview with Al-Hayat newspaper and his follow-up ‘Economy News’ that’ the number of foreign banks, During the past two years, currently reaching 18 banks, having numbered Read more…

Exchange rate of the dollar in Iraqi banks and markets 8-3-2017

Exchange rate of the dollar in Iraqi banks and markets 8-3-2017

8-3-2017

Exchange rate of the dollar in Iraqi banks and markets: Read more…

Iraqi Dinar Guru opinions 8-2-17

Iraqi Dinar Guru opinions 8-2-17

8-2-20217 Intel Guru Delta …we could see “out the door” more than one dollar…maybe 1.15 or 1.20…even up to 1.42 is possible…because of them adding inflation…so 1 to 1 would be the bare minimum we could see…and the other reason I think we will see it come out higher than 1 to 1 is that at that rate it is what the Iraqi citizens are used to seeing…a dollar…but anything higher will be very good for them…IMO I think we will see 1.13-1.20 after inflation is added to it. Read more…

Iraqi Dinar/US Dollar auction results 8-2-17

Iraqi Dinar/US Dollar auction results 8-2-17

The results of the foreign currency sale window on Thursday, 3-8-2017, and executed on Wednesday 2-8-2017

Announcement No. (3496)
The opening of the daily sale and purchase of foreign currency in the Central Bank of Iraq on Thursday, 3-8-2017, and executed on Wednesday 2-8-2017, the results are as follows: Read more…

Iraq enters the bond market solo for the first time in 10 years to raise a billion dollars

Iraq enters the bond market solo for the first time in 10 years to raise a billion dollars

Wednesday 2 August

BAGHDAD (Reuters) – Iraq
began to sell $ 1 billion in bonds in the first international debt issue it has been selling since 2006 in a bid to break decades of unrest. Iraq, with its vast oil reserves, is seeking to attract emerging market investors with attractive profits, which will be necessary to ease concerns Read more…

Exchange rate of the dollar in Iraqi banks and markets 8-2-2017

Exchange rate of the dollar in Iraqi banks and markets 8-2-2017

8-2-2017

Exchange rate of the dollar in Iraqi banks and markets: Read more…

Iraqi Dinar Guru opinions 8-1-17

Iraqi Dinar Guru opinions 8-1-17

8-1-2017 Newshound/Intel Guru Mnt Goat “No exit for Iraq without decentralization” …they are taking about existing [exiting ?] from Chapter VII sanctions. Iraq is still under financial sanctions resulting from Chapter VII sanctions under the UN charter for member nations, who disobey the articles of membership. Iraq attacked Kuwait also a member nation. Once under sanctions it is very hard to get out of them especially once they go to war and are occupied. This puts the country under an entire umbrella of scrutiny. Its like the have to start all over. Kuwait reinstated their currency but Kuwait was not under sanctions. They just had their currency shut off due to the war so Saddam Hussein could not use it for his aims. Remember how quickly is was reinstated? This has not and is not going to be the case with Iraq. They must first “start over” with an entirely new government… They must institute and implement their constitution “fully”. Read more…

Iraqi Dinar/US Dollar auction results 8-1-17

Iraqi Dinar/US Dollar auction results 8-1-17

The results of the foreign currency sale window on Wednesday, 2-8-2017, and issued on Tuesday 1-8-2017

Announcement No. (3495)
The opening of the daily sale and purchase of foreign currency in the Central Bank of Iraq on Wednesday, 2-8-2017, and implemented on Tuesday 1-8-2017, the results were as follows: Read more…

Exchange rates of the dollar and other currencies 8-1-2017

Exchange rates of the dollar and other currencies 8-1-2017

8/1/2017 AM . 10:02:00 a.m.

The exchange rate of the US dollar and other foreign currencies on Tuesday (August 1, 2017) in the markets of the Kurdistan region, the prices listed below: – Read more…

Exchange rate of the dollar in Iraqi banks and markets 8-1-2017

Exchange rate of the dollar in Iraqi banks and markets 8-1-2017

8-1-2017

Exchange rate of the dollar in Iraqi banks and markets: Read more…

Iraqi Dinar Guru opinions 7-31-17

Iraqi Dinar Guru opinions 7-31-17

7-31-2017 Newshound Guru Enorrste Article: “Hakim meets with Governor of the Central Bank of the economic reality and the reconstruction of the liberated areas” What is clear to us all is that nothing of any consequence is going to happen without large foreign investment. The damage is too great. Furthermore, foreign investment won’t occur unless the dinar is internationally accepted. Therefore it appears clear to me that they are preparing to open the dinar to the world. Read more…

Iraqi Dinar/US Dollar auction results 7-31-17

Iraqi Dinar/US Dollar auction results 7-31-17

The results of the foreign currency sale window on Tuesday 1-8-2017 and issued on Monday 31/7-2017

Announcement No. (3494)
The opening of the daily sale and purchase of foreign currency in the Central Bank of Iraq on Tuesday, 1-8-2017, and executed on Monday 31-7-2017, the results are as follows: Read more…

Exchange rate of the dollar in Iraqi banks and markets 7-31-2017

Exchange rate of the dollar in Iraqi banks and markets 7-31-2017

7-31-2017

Exchange rate of the dollar in Iraqi banks and markets: Read more…

Iraqi Dinar Guru opinions 7-30-17

Iraqi Dinar Guru opinions 7-30-17

7-30-2017 Newshound Guru MilitiaMan Article: “The law of the National Oil Company will be ready to vote in the coming weeks” The head line is not the main point imo. It is the last two paragraphs that suggest they are having a meeting next week. That could be Sunday [7-30-17]. They say they have large acceptability in the house. I bet the pressure has come to a boiling point and there is no way in world they’ll kick this can into months or even weeks. Large acceptability is a majority. imo We read they came to a calculation for oil. They used (44,4) and another (8,000 dinars per barrel) in the article. So if oil is average $44.4 a barrel and it costs $8 to extract then they can budget for it. Like they just passed the 2017 and Supplemental for 2018 if I read that correctly… Read more…

Iraqi Dinar/US Dollar auction results 7-30-17

Iraqi Dinar/US Dollar auction results 7-30-17

The results of the foreign currency sale window for Monday, 31-7-2017, which will be issued on Sunday, 30-7-2017

Announcement No. (3493)
The opening of the daily sale and purchase of foreign currency in the Central Bank of Iraq for Monday, 31-7-2017, which was carried out on Sunday 30-7-2017 and the results are as follows: Read more…

Exchange rate of the dollar in Iraqi banks and markets 7-30-2017

Exchange rate of the dollar in Iraqi banks and markets 7-30-2017

7-30-2017

Exchange rate of the dollar in Iraqi banks and markets: Read more…

Iraqi Dinar Guru opinions 7-29-17

Iraqi Dinar Guru opinions 7-29-17

7-29-2017 Newshound Guru MilitiaMan Article quote: “to achieve the goal of maintaining the exchange rate and ensure the use of foreign currency out of order to meet the needs of the economy and market and development and non-directed to non-purposes; ” There is a meeting with the IMF on 08/01/2017 if I am not mistaken. A one in regard to Article IV with Iraq. The article above speaks volumes of what has been done over the preceding two years. Not just one year. I believe this has to do with Article VIII… They have been working to maintain the exchange rate of the Dinar against Foreign Currency to cover imports entering Iraq while maintaining their independence under law. They go on to say that they are (imo) effectively ceasing MCPs (Multi Currency Practices) not supported or at least if are supported by the IMF, they are under the guidance of the IMF when doing so and would be short lived if even relevant. Read more…

Exchange rate of the dollar in Iraqi banks and markets 7-29-2017

Exchange rate of the dollar in Iraqi banks and markets 7-29-2017

7-29-2017

Exchange rate of the dollar in Iraqi banks and markets: Read more…