Posts Tagged ‘Iraqi Dinar’

Finance: The government and the central bank rigid weak Handle rising dollar

Finance: The government and the central bank rigid weak Handle rising dollar

12/12/2016 11:59

National Center Brief / NNC – the parliamentary finance committee, said that the government is rigid and did not move a finger on the US currency rising against the Iraqi currency, stressing that the central bank is weak in addressing the rising dollar prices in the local market.

Said committee member Ahmed Sarhan in a press statement that ” the Commission against any rise in the currency of the dollar against the Iraqi dinar, noting Read more…

Rate of Arab and foreign currencies in Iraqi dinars on Monday 12-12-2016

Rate of Arab and foreign currencies in Iraqi dinars on Monday 12-12-2016

Published on: 12-12-2016, 09:33

Rate of Arab and foreign currencies in Iraqi dinars on Monday 12-12-2016

BAGHDAD / Sky Press: Read more…

Iraqi Dinar Guru opinions 12-11-16

Iraqi Dinar Guru opinions 12-11-16

12-11-2016 Newshound Guru wmawhite Read this carefully, it is from a recent statement from the CBI: “noting that ” the central bank began the first steps of the project through the selection of designs, companies and the country that will be done Print currencies. “He noted that” the introduction of new currency does not mean the destruction of ancient coins, but it will continue to trade to about ten years…” “the introduction of new currency does not mean the destruction of ancient coins, but it will continue to trade to about ten years,” Now hear this! Your “ancient coins (translation… currency/notes)” …in other words…your 25,000 IQD notes will always be 25,000 IQD notes. Eventually…as the larger notes are withdrawn from the marketplace…smaller notes will be needed because the price of goods will decrease, and such notes as the 25 IQD will be commonplace. Read more…

Rate of Arab and foreign currencies in Iraqi dinars on Sunday 12-11-2016

Rate of Arab and foreign currencies in Iraqi dinars on Sunday 12-11-2016

Published on: 12-11-2016, 09:05

Rate of Arab and foreign currencies in Iraqi dinars on Sunday 12-11-2016

BAGHDAD / Sky Press: Read more…

Iraqi Dinar Guru opinions 12-10-16

Iraqi Dinar Guru opinions 12-10-16

12-10-20216 Newshound Guru rcookie Article quote: “And about the prospects for Iraqi dinar to float, like other countries in the region, this relationship does not arise in the present, and we are working on is not currency float, and the big difference between the two.” READ THAT QUOTE FROM ALAK…AND ASK YOURSELF HOW DELUSIONAL YOU HAVE TO BE TO STATE AN ABSOLUTE VALIDATION TO THE FLOAT PLAN…WHEN IT CLEARLY STATES THE OPPOSITE… Read more…

Rate of Arab and foreign currencies in Iraqi dinars on Saturday 12-10-2016

Rate of Arab and foreign currencies in Iraqi dinars on Saturday 12-10-2016

Published on: 12-10-2016, 09:15

Rate of Arab and foreign currencies in Iraqi dinars on Saturday 12-10-2016

BAGHDAD / Sky Press: Read more…

Iraqi Dinar Guru opinions 12-9-16

Iraqi Dinar Guru opinions 12-9-16

12-9-2016 Newshound Guru Shredd Article: “The Governor of the Central Bank: no way to uninstall window selling the dollar, if the exchange rate became cancelled 3 or 4 thousand, maybe more/” As I read and reread through this, I look at the big picture which I always try to do. The scope of this is around the auctions. The cbi must keep them going to prevent collapse. They are the single most effective tool right now for the cbi to maintain stability in the currency. Future state, interest rates will become a primary tool. Now I know some people in the dinar world are going crazy because the word “float” is mentioned but.. Read more…

Rate of Arab and foreign currencies in Iraqi dinars on Friday 12-9-2016

Rate of Arab and foreign currencies in Iraqi dinars on Friday 12-9-2016

Published on: 12-9-2016, 09:14

Rate of Arab and foreign currencies in Iraqi dinars on Friday 12-9-2016

BAGHDAD / Sky Press: Read more…

Dollar rises to 1306 dinars

Dollar rises to 1306 dinars

9.12.2016 10:27

[Oan- Baghdad]
recorded a foreign currency markets in Iraq, on Friday morning, increased slightly for the price of the dollar against the Iraqi dinar for yesterday.
And record the market price at the Stock Exchange in Baghdad struggle at Read more…

Iraqi Dinar Guru opinions 12-8-16

Iraqi Dinar Guru opinions 12-8-16

12-8-2016 Intel Guru Frank26 Somebody called me…yesterday…they said…“are you sure that the IMF is demanding that Iraq raise the value of their currency, in order for them to get the 2nd loan?” I said “yes.” I believe they are about ready to get their loan…which means they are about ready to raise the value…IMO. Article quote: “The remaining funds will be disbursed contingent on certain performance criteria consistent with the program’s objectives to reform Iraq’s financial and economic policy.” In order to get the 634 Million Dollar loan…the funds are CONTINGENT …to the reform of Iraq’s financial policies. What are those? To raise the value of their currency. What else? They must remove the RESTRICTIONS of the CURRENCY EXCHANGE…The program rate is a restriction. Article quote: “… it will SIGNAL that the currency can be freely exchanged…” This is impressive!!! …it is CONTINGENT…this loan… for the IMF…to see that the MR has to improve and there is so much evidence all over the place. This is amazing! Read more…

Iraqi Dinar/US Dollar auction results 12-8-16

Iraqi Dinar/US Dollar auction results 12-8-16

Results currency auction
Announcement No. (3335)

Opening Offers sale and purchase of foreign currency daily window in the Iraqi Central Bank on Thursday to brief summary of 08.12.2016 and the results were as follows: Read more…

11% of Iraqis have bank accounts and 300 ATMs across the country

11% of Iraqis have bank accounts and 300 ATMs across the country

08/12/2016

The CBI began its first steps toward making a transition to electronic financial transactions , as is happening in the world after Nizami National divider activation and exchange of credit information, while financial experts have confirmed that the loss of confidence in banks deployed in the country would be deterred towards the implementation of the electronic financial transactions.
Reports indicate that the Iraqi citizens lose confidence in the banking sector , where the proportion of Iraqis who have bank accounts 11% Read more…

Rate of Arab and foreign currencies in Iraqi dinars on Thursday 12-8-2016

Rate of Arab and foreign currencies in Iraqi dinars on Thursday 12-8-2016

Published on: 12-8-2016, 09:28

Rate of Arab and foreign currencies in Iraqi dinars on Thursday 12-8-2016

BAGHDAD / Sky Press: Read more…

The dollar today at 1304 dinars

The dollar today at 1304 dinars

08.12.2016 10:19

[Oan- Baghdad]
recorded a foreign currency markets in Iraq, on Thursday morning, increased slightly for the price of the dollar against the Iraqi dinar for yesterday.
And record the market price at the Stock Exchange in Baghdad struggle at Read more…

Iraqi Dinar Guru opinions 12-7-16

Iraqi Dinar Guru opinions 12-7-16

12-7-2016 Intel Guru Delta Article: “Central Bank Governor: no room to cancel the sale of the dollar window, if cancelled, the exchange rate has become 3 or 4000 and maybe more” Quote: “And about the prospects float Aldenarabraghi, similar to other countries in the region, he said: / This Alammergarmatarouh sealed the moment, we are working on Thariralamlh not floated, the difference Kparbin Monday ” HE IS SAYING NO FLOAT…SET RATE. Read more…

Iraqi Dinar/US Dollar auction results 12-7-16

Iraqi Dinar/US Dollar auction results 12-7-16

Results currency auction
Announcement No. (3334)

Opening Offers sale and purchase of foreign currency daily window in the Iraqi Central Bank on Wednesday, a brief summary of 07.12.2016 and the results were as follows: Read more…

Governor of the Bank: Cancel sell currencies window will lead to the collapse of Iraq’s entire financial situation

Governor of the Bank: Cancel sell currencies window will lead to the collapse of Iraq’s entire financial situation

12-7-2016

BAGHDAD – The Journal News ,
The governor of the Iraqi Central Bank on the Keywords that stopped selling the dollar by selling currency in the bank window will lead to the collapse of the Iraqi dinar and financial situation in Iraq in general.

Keywords and said in a statement on the sidelines of the annual conference of the Union of Arab Banks, which was held in Beirut, “said the central bank is obliged to do the job, though declined to Read more…

Rate of Arab and foreign currencies in Iraqi dinars on Wednesday 12-7-2016

Rate of Arab and foreign currencies in Iraqi dinars on Wednesday 12-7-2016

Published on: 12-7-2016, 09:42

Rate of Arab and foreign currencies in Iraqi dinars on Wednesday 12-7-2016

BAGHDAD / Sky Press: Read more…

Iraqi Dinar Guru opinions 12-6-16

Iraqi Dinar Guru opinions 12-6-16

12-6-2016 Newshound Guru rcookie THE IMF REVIEW IS A CHECK AGAINST IRAQS COMPLIANCE TO FISCAL REFORM COMMITMENTS…IRAQ MADE IN MAY (AHMAN,JORDAN) IN ORDER TO BE APPROVED FOR THE 1ST PART OF SBA FUNDS ACCESS…THE COMPLIANCE CHECK AGAINST FULLFILLMENT CAN ONLY COME FROM 1 SOURCE… [Passing the budget and passing laws?] THEY HAVE BY ALL REPORT ACCOUNTS MET THE REQUIRED REVENUE & EXPENDITURE MANDATES IN THE APPROVED DRAFT OF THE 2017 BUDGET LAW…BUT STILL REMAINS A REPORT UNTIL IT IS VOTED INTO LAW… Read more…

Iraqi Dinar/US Dollar auction results 12-6-16

Iraqi Dinar/US Dollar auction results 12-6-16

Results currency auction
Announcement No. (3333)

Opening Offers sale and purchase of foreign currency daily window in the Iraqi Central Bank on Tuesday to brief summary of 06.12.2016 and the results were as follows: Read more…