Posts Tagged ‘Iraqi Dinar’

Iraqi Dinar Guru opinions 1-12-2025

Iraqi Dinar Guru opinions 1-12-2025

1-12-2025 Intel Guru Frank26 Last week I followed [the parallel black market rate]…On Sunday it was 1310, on Monday it was 1275, on Tuesday it was 1170, Wednesday it was 1160. IMO Sudani is looking for the black market to reach 1,000. When he does, IMO, the game is on. That is the next step ladies and gentlemen. They are watching the illegal black market…the value of the dollar is dropping, thank you CBI for stopping the auctions…We’re getting close to the next step. Read more…

During 2024.. The Central Bank of Iraq imposes fines worth 279 billion dinars on banks and exchange offices

During 2024.. The Central Bank of Iraq imposes fines worth 279 billion dinars on banks and exchange offices

2025-01-12 00:52

Shafaq News/ The Central Bank of Iraq announced, on Sunday, imposing fines on banks and non-banking institutions (exchange companies) amounting to 279 billion Iraqi dinars, during the year 2024.

A table of the bank, which Shafaq News Agency reviewed, showed that the fines imposed on banks and financial companies Read more…

Iraqi Dinar Guru opinions 1-11-2025

Iraqi Dinar Guru opinions 1-11-2025

1-11-2025 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Parliament just announced the next session will include amending the budget. It’s on TV now…Sudani wanted this done by the 6th, no later than the 7th and now they’re come out 3 days later saying okay, okay okay we’re going to do it. TV keeps going over the parliament plans on amending the investment budget in the next two sessions that are coming… FRANK: If they truly do anything with the budge it will be exposing the new exchange rate. Read more…

Iraqi Dinar Guru opinions 1-10-2025

Iraqi Dinar Guru opinions 1-10-2025

1-10-2025 Newshound/Intel Guru Mnt Goat Article: “NO FEAR FOR THE REGIME IN IRAQ AS LONG AS AMERICA AND THE RELIGIOUS AUTHORITY ARE “SATISFIED”… THE GOVERNMENT IS HEADING TOWARDS “INDEPENDENCE” …Iraq must gain their independence not just on paper but in practical terms. Now that the Chapter VII sanctions are released for over 2 years already it is time…The next stage is full sovereignty promised to the Iraqi people during the second invasion in 2003. Yes, they still are not a free country until they get back their currency, which means to control their own wealth…Also I want to mention…the CBI reserves are in the bank in New York JP Morgan/Chase DFI fund amounting to over $120 billion dollars. And so Iraq will also have to recover these funds too. The UN already decreed these funds should be returned to Iraq…we are watching this closely. Read more…

Iraqi Dinar Guru opinions 1-9-2025

Iraqi Dinar Guru opinions 1-9-2025

1-9-2025 Newshound Guru Militia Man Article: “Al-Sudani in Tehran: A new alliance to confront terrorism and the challenges of the post-‘fall of Syria’ ” Iraq as a mediator in the region is going to go along way to keeping stability …There have been meetings with the “new” USA administration by phone at the highest level and an unannounced delegation from the same prior to his Sudani’s visit. He is home now. I imagine things went well for all included…Like it or not Iran is a very large trading partner. There has to be a very strong agreement by all parties public and private…Iraq…is taking her place again in the region. She has always been in that position as mediator. Read more…

Iraqi Dinar Guru opinions 1-8-2025

Iraqi Dinar Guru opinions 1-8-2025

1-8-2025 Newshound Guru Jeff For them to approve the oil and gas law is absolutely waiting for the rate to change…Two very critical articles now saying they’ve magically reached an agreement on the Oil and Gas Law within the month of January. Again, the Oil and Gas Law has been pending and outstanding since 2005… Read more…

Iraqi Dinar Guru opinions 1-7-2025

Iraqi Dinar Guru opinions 1-7-2025

1-7-2025 Newshound Guru Jeff Nope, they haven’t stopped [the “auctions”]. They’re resuming. They sell U.S. dollars daily abroad…because Iraq doesn’t have a tradable currency. These remittances will continue until the rate changes. The only real change that’s happened is the dollars…are transferred now at the banking level instead of the central bank level. They’re preparing the banks to be able to transfer foreign currencies abroad and be ready for the rate change when it occurs… Read more…

Iraqi Dinar Guru opinions 1-6-2025

Iraqi Dinar Guru opinions 1-6-2025

1-6-2025 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Mr Sammy says everything is in place in his eyes. The only thing Mr. Sammy thinks we need is for Iraq to reveal a new rate to show and back the stability of the dinar as a new global currency. FRANK: Yes sir Mr. Sammy because that’s what the contractors are waiting for. Read more…

Iraqi Dinar Guru opinions 1-5-2025

Iraqi Dinar Guru opinions 1-5-2025

1-5-2025 Newshound/Intel Guru Mnt Goat Article: “WITH THE BEGINNING OF THE NEW YEAR, THE US DOLLAR ENTERS A NEW PHASE IN IRAQ”
WOW! This…says it all. Yes, Iraq has now moved to “normal” ways of doing business with the outside world…Iraq had stayed on the currency auctions with the CBI supplying the dollars way too long (20 years)…This was never Dr. Shabibi’s plan but they were forced to do to the newer Obama plan of paying off the war reparations first than moving ahead with the currency reforms, which we have now witnessed aggressive movements in this direction since the beginning of 2023. Read more…

Foreign currency sale results for Sunday 1/5/2025

Foreign currency sale results for Sunday 1/5/2025

Foreign currency sale results for Sunday 1/5/2025

the details Read more…

Economist: Government measures did not close the gap between the official and parallel dollar rates

Economist: Government measures did not close the gap between the official and parallel dollar rates

1-5-2025

Information/Baghdad…
Economic researcher Diaa Abdul Karim said that the government measures regarding government and private banks and issuing decisions regarding exchange companies were not able to close the gap between the official and parallel exchange rate of the dollar.

Abdul Karim told Al-Maalouma, “The parallel exchange rate for the dollar is Read more…

Iraqi Dinar Guru opinions 1-4-2025

Iraqi Dinar Guru opinions 1-4-2025

1-4-2025 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Television is doing 11-page document, we’ve seen it before but they’re reshowing it to us. It’s instructions to all the new money exchange centers that have been opened up on what they can accept and how much to give on damaged notes being returned by citizens. It’s like they are telling exchangers a lot of the 3-zero notes are about to be returned. FRANK: That’s exactly what they’re doing. Like I told you, these banks would be very essential…Collecting the 3-zero notes is going to be massive… Read more…

Iraqi Dinar Guru opinions 1-3-2025

Iraqi Dinar Guru opinions 1-3-2025

1-3-2025 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Television is now showing comprehensive approach on how to trade the Iraqi dinar on Forex. They got some guy going over documents, page after page, on how us Iraqi citizens can invest in Forex. FRANK: This gentleman is teaching you Iraqi citizens how to invest in the Iraqi stock market because you are soon to have purchasing power to do so. They have never taught you this before because you didn’t have the purchasing power to do so… Read more…

After the electronic platform stopped…Answering questions from Iraqi circles about the new dollar mechanism

After the electronic platform stopped…Answering questions from Iraqi circles about the new dollar mechanism

2025-01-03

Many citizens have raised Iraqis Questions about the new trading mechanism Dollar in Iraq How to withdraw or buy it after stopping Official To create an electronic platform.

He said Deputy The Governor of the Central Bank, Ammar Khalaf, said yesterday that “the mechanism of work on the electronic platform Read more…

Government advisor: New monetary reinforcement mechanism will maintain fixed exchange rate of 1,320 dinars per $100

Government advisor: New monetary reinforcement mechanism will maintain fixed exchange rate of 1,320 dinars per $100

1-3-2025

The financial advisor to the Prime Minister, Mazhar Mohammed Saleh, confirmed today, Friday, that the Central Bank has adopted the monetary reinforcement mechanism to feed the national banks’ requests for foreign currency, indicating that the monetary reinforcement mechanism will Read more…

Iraqi Dinar Guru opinions 1-2-2025

Iraqi Dinar Guru opinions 1-2-2025

1-2-2025 Newshound Guru Jeff They put two different articles… states two different things…They said they were going end the use of the dollar and the currency auctions by January 2nd. I don’t think that information is credible because the second article stated going into early 2025 is when they would be suspending use of the dollar/currency auctions. That makes more sense because the daily currency auctions are a tool used by the central bank to stabilize the daily market value of the dinar…They’ll more realistically stop somewhere in early 2025… Read more…

Iraqi Dinar Guru opinions 1-1-2025

Iraqi Dinar Guru opinions 1-1-2025

1-1-2025 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Television says the matter has been resolved, there is no money dollar currency auctions platform anymore after 20 years. FRANK: No wonder they’re showing you the old lower notes. FIREFLY. This is from the CBI spokesman. FRANK: This is an official source then. They’re over. Read more…

Iraqi Dinar Guru opinions 12-31-2024

Iraqi Dinar Guru opinions 12-31-2024

12-31-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Alaq is talking about a big party they’re having right now at the CBI for all the CBI employees who have worked so hard on the process and on the development of a new currency. They are celebrating along with the US Treasury delegation here on a visit. FRANK: I will admit that’s pretty cool. It’s also a telltale sign. That’s why the US Treasury is there. Read more…

Iraqi Dinar/US Dollar auction results for today 12-31-2024

Iraqi Dinar/US Dollar auction results for today 12-31-2024

Foreign exchange window results for Tuesday 12/31/2024
Advertisement No. (5274 ) Read more…

Iraqi judiciary recovers 12 billion dinars from a company violating the currency market

Iraqi judiciary recovers 12 billion dinars from a company violating the currency market

2024-12-31 03:40

Shafaq News/ The Supreme Judicial Council announced on Tuesday the recovery of 12 billion Iraqi dinars from one of the companies violating the currency market in Baghdad.

The judiciary media said in a statement seen by Shafaq News Agency, “The Second Karkh Investigation Court recovered today an amount of 12 billion Iraqi dinars Read more…