Posts Tagged ‘Iraqi Dinar’

Iraqi Dinar Guru opinions 4-20-17

Iraqi Dinar Guru opinions 4-20-17

4-20-2017 Newshound/Intel Guru Mnt Goat From article, CBI dated November 28, 2014 “The governor of the Central Bank of Iraq, Mr.Ali Al-Allaq, has declared on Tuesday that the green light was given to execute the file of zero deletion from the currency, and he confirmed that finishing the managing matters for this file will take two years. He also pointed that the bank has started preparing samples for the new currency.” So 2 years from 2014 is late 2016. Just another indication they were targeting EARLY 2017. We also know from this article there is a new currency coming out. They are going to replace the larger 3 zero notes with smaller denominations and coins, but this will be a slow conversion and not what many think as 1 triggered event. …believe me when the lower denoms begin to come out you will know it. There will be no guessing or assuming. When there is any significant change in the currency value you will know it… Read more…

Iraqi Dinar/US Dollar auction results 4-20-17

Iraqi Dinar/US Dollar auction results 4-20-17

Results currency auction
Announcement No. (3427)

Opening Offers sale and purchase of foreign currency daily window in the Iraqi Central Bank on Thursday, a brief summary of 20.04.2017 and the results were as follows: Read more…

The dollar stabilized today at 1251 dinars

The dollar stabilized today at 1251 dinars

2017/4/20 11:22

[Oan- Baghdad]
recorded the foreign exchange markets in Iraq on Thursday morning, stable dollar exchange rate against the Iraqi dinar.
The record market price in the fight in Baghdad Stock Exchange Read more…

Iraqi Dinar Guru opinions 4-19-17

Iraqi Dinar Guru opinions 4-19-17

4-19-2017 Intel Guru Frank26 Article: “National Alliance for Ngeevi: We will announce the settlement after the liberation of Mosul, not after the election” Yesterday they showed you 1000 to 1 today they show you Mosul so if they show you the budget tomorrow it has to be an international rate because they are international already. Read more…

Iraqi Dinar/US Dollar auction results 4-19-17

Iraqi Dinar/US Dollar auction results 4-19-17

Results currency auction
Announcement No. (3426)

Opening Offers sale and purchase of foreign currency daily window in the Iraqi Central Bank on Wednesday, a brief summary of 04.19.2017 and the results were as follows: Read more…

Dollar exchange rate and other currencies 4-19-2017

Dollar exchange rate and other currencies 4-19-2017

04/19/2017 10:53:00

Khandan – recorded the US dollar and other foreign currencies prices on Wednesday (19 / April / 2017) in the banking markets of Kurdistan region, prices listed below: – Read more…

Iraqi Dinar Guru opinions 4-18-17

Iraqi Dinar Guru opinions 4-18-17

4-18-2017 Newshound Guru BGG [Do you think that the IMF meeting with the CBI and GOI this weekend could be the GO/No Go meeting for the Revalue of Iraq’s currency?] …IMHO it looks as if all these “talks” will happen first – THEN the Executive Board will decide and vote on, what to do. …the next few days are going to be very, very full of activity. Followed up by the IMF Executive Board. I’m saying – the end of April… up through about the 29th – is a VERY BUSY TIME for Iraq and the world financial overseers. Read more…

Iraqi Dinar/US Dollar auction results 4-18-17

Iraqi Dinar/US Dollar auction results 4-18-17

Results currency auction
Announcement No. (3425)

Opening Offers sale and purchase of foreign currency daily window of the Central Bank of Iraq on Tuesday, a brief summary of 04.18.2017 and the results were as follows: Read more…

Central to sell 802 billion dinars from the National Bonds

Central to sell 802 billion dinars from the National Bonds

04/18/2017 13:20 am (Baghdad time)

Baghdad balances News
Iraqi Central Bank, announced Tuesday, for the sale of 802 billion dinars from the national bonds that have been put forward by the beginning of the current month of April.
The bank said in a statement received / scales News / copy of it, “it was the sale of the amount of 802 billion and 150 million dinars from the national bonds, which was launched Read more…

Dollar exchange rate and other currencies 4-18-2017

Dollar exchange rate and other currencies 4-18-2017

04/18/2017 10:56:00

Khandan – recorded the US dollar and other foreign currencies prices on Tuesday (18 / April / 2017) in the banking markets of Kurdistan region, prices listed below: – Read more…

Iraq’s fifth Arab gold reserves

Iraq’s fifth Arab gold reserves

2017/4/18 13:20

[Oan- follow – up]
World Gold Council announced that the world ‘s gold reserves rose to April, indicating that Iraq maintained the Arab fifth of the world ‘s reserves rank.
The Council stated in statistics published on its website that the world ‘s gold reserves rose for the month of April by 70 tonnes for Read more…

Iraqi Dinar Guru opinions 4-17-17

Iraqi Dinar Guru opinions 4-17-17

4-17-2017 Newshound/Intel Guru BGG […what your thoughts on that no float….I did some research and there are advantages and cons about a pegged rate. I read if theyd come out low it will help with trade but on the other hand it could raise inflation.] Not could – will…it would start an inflationary trend that might not be easy to stop. IMHO – it will be a “managed float” – meaning: it will look so much like a fixed rate – it might as well be fixed. Read more…

Iraqi Dinar/US Dollar auction results 4-17-17

Iraqi Dinar/US Dollar auction results 4-17-17

Results currency auction
Announcement No. (3424)

Opening Offers sale and purchase of foreign currency daily window in the Iraqi Central Bank on Monday, a brief summary of 17.04.2017 and the results were as follows: Read more…

Dollar exchange rate in Iraqi banks and markets 4-17-2017

Dollar exchange rate in Iraqi banks and markets 4-17-2017

09:28 04/17/2017

Dollar exchange rate in the Iraqi market: Read more…

Iraqi Dinar Guru opinions 4-16-17

Iraqi Dinar Guru opinions 4-16-17

4-16-2017 Newshound/Intel Guru BGG Article: “Central Bank Governor: no room to cancel the sale of the dollar window, if canceled, the exchange rate has become 3 or 4 thousand, and perhaps more” Article quote: “On the prospects of floating Aldenarabraghi, similar to other countries in the region, Keywords said that it is Matrouh sealed now, and we are working on editing currency and not float, a large difference between the two” that is a BIG ARTICLE…there won’t be any FLOAT… (no float). PERIOD. Read more…

Iraqi Dinar/US Dollar auction results 4-16-17

Iraqi Dinar/US Dollar auction results 4-16-17

Results currency auction
Announcement No. (3423)

Opening Offers sale and purchase of foreign currency daily window of the Central Bank of Iraq on Sunday, a brief summary of 04.16.2017 and the results were as follows: Read more…

Dollar exchange rate in Iraqi banks and markets 4-16-2017

Dollar exchange rate in Iraqi banks and markets 4-16-2017

08:58 04/16/2017

Dollar exchange rate in the Iraqi market: Read more…

Iraqi Dinar Guru opinions 4-15-17

Iraqi Dinar Guru opinions 4-15-17

4-15-2017 Newshound/Intel Guru Mnt Goat Article quote: “GE and Mass Group Holding (MGH) have successfully commenced simple cycle commercial operations of four advanced GE 9F gas turbines under phase I of the Ministry of Electricity’s(MOE) Baghdad Power Plant in Besmaya.” Finally 24 electricity is actually coming to Iraq. …getting Iraq’s electric grid back up and running with this first power plant is only part of Phase I and much more is to come. Did you ever wonder how all those ATMs…would ever operate without electricity? Did you ever wonder why the CBI would deliver the newer lower denominations to banks across Iraq…what about power needed for bank security systems, computers, or the money changing/exchanging machines…and the BIG move to electronic banking…how would all this work without electricity? Do you get..why this article is so important for the “next Phase” of economic development? Read more…

Dollar exchange rate in Iraqi banks and markets 4-15-2017

Dollar exchange rate in Iraqi banks and markets 4-15-2017

09:51 04/15/2017

Dollar exchange rate in the Iraqi market: Read more…

Iraqi Dinar Guru opinions 4-14-17

Iraqi Dinar Guru opinions 4-14-17

4-14-2017 Newshound Guru 1bobby Article: “Iraq and Kuwait to discuss mechanisms for achieving economic complementarity” When they speak of “mechanisms” that means that the substance(s) of the agreement have been met, now they are looking towards implementation. Kuwait and the other ME Countries are learning that they can not survive by oil alone and they need to open the doors to more of a non oil revenue based economy. Iraq has lifted a ban that basically gives the right to Kuwati citizens the right to own property and invest in Iraq. Now Iraq wants the same from Kuwait. Kuwait calls Iraq “An important and promising market”. Read more…