Posts Tagged ‘Iraqi Dinar’

Parliamentary Finance calls to control the rate of the dinar against the dollar

Parliamentary Finance calls to control the rate of the dinar against the dollar

9.15.2016 16:20

[Where – special]
parliamentary Finance Committee called on Thursday for control of the Iraqi dinar exchange rate against the dollar, by maintaining a reserve of hard currency.
The committee member said Sarhan Ahmed told all of Iraq [where] that ” the central bank Read more…

Iraqi Dinar Guru opinions 9-14-16

Iraqi Dinar Guru opinions 9-14-16

9-14-2016 Newshound Guru Breitling …There’s an article taking about de-pegging from the US dollar. Ok just pure math. We know the US dollar dominate about 70% of the world’s international trade. Just based on that math…do you think that it would be a good idea for Iraq to de-peg itself from the most powerful currency that’s ever existed on the face of the earth? Do you think that is a wise decision? Do you think the US treasury and US government setting up their currency…we’re the ones who got rid of their old currency and we’re the ones to help setup their new currency…do you think there is any room for that type of shenanigans? No there is not. I appreciate articles that come out but some of them are so obnoxious that they should be indicators all by themselves that the person who wrote that is completely off the wall. They are not going to de-peg from the US dollar. This is not opinion at all…the US dollar is getting stronger and stronger and stronger. Read more…

Rate of Arab and foreign currencies in Iraqi dinars on Wednesday 9-14-2016

Rate of Arab and foreign currencies in Iraqi dinars on Wednesday 9-14-2016

Published on: 9-14-2016, 09:10

Rate of Arab and foreign currencies in Iraqi dinars on Wednesday 9-14-2016

BAGHDAD / Sky Press: Read more…

Iraqi Dinar Guru opinions 9-13-16

Iraqi Dinar Guru opinions 9-13-16

9-13-2016 Newshound Guru Breitling …articles coming out with banks having problems giving people Iraqi dinar. Remember this is a two pronged attack. They are trying to reduce the dollar amount because the only way they can reduce the note count and add value to the currency…is to make sure people aren’t addicted to the US dollar…so there is a balance there. We don’t have enough information to calculate. At what point are they pulling dollars off? and at what point are they reducing the note count. And at what point are they more heavy than the other? We don’t know. BUT we know what to look for and we know the key words they’re saying and what it means for us…Between 80 and 85% of notes in Iraq are 25K notes and they say they have about 41 Trillion in dinar…divide that up into 25K notes. and you’ll figure out about what the note count is at. Read more…

Iraqi Dinar Guru opinions 9-12-16

Iraqi Dinar Guru opinions 9-12-16

9-12-2016 Newshound/Intel Guru BGG Flashback Article: “Minister of Finance: raise zeros from the Iraqi currency against the dollar will be supported” Quote: “…The proposal to raise three zeroes from the currency will be in accordance with the right monetary policy is not gradual, as happened in Turkey…” This article was from Feb. 2nd 2010. They’ve been telling us all along…NOT A FLOAT… Noting that the Iraqi dinar would be offset dollar or slightly more than after the application of this proposal. = about a dollar (USD) or slightly higher…THIS IS WHAT THEIR MoF said at the time. Not me…they have had some idea as to what this was going to be all along. Read more…

Iraqi Dinar Guru opinions 9-11-16

Iraqi Dinar Guru opinions 9-11-16

9-11-2016 Newshound Guru Shredd Article: “The World Bank will lend Iraq three billion dollars as “very low interest rates,” the end of 2016″ …this is a good sign. A loan by the WB for a long term and low rate shows not only support and confidence in Iraq as it continues to rebuild it’s economic infrastructure but it also demonstrates trust and faith in Iraq’s ability to repay…lending and borrowing is what the global economic machine is all about. For the lender, interest income and for the borrower, stimulus to push progress/growth as quickly as possible and the kind that ensures the ability to repay is in place and protected. This shows us once again Iraq is continuing to mature economically. It continues to prove that a lop or redenomination due to a failing economy is not the case for Iraq. This shows us and demonstrates to future investors that Iraq is a vital participant in the global economic construct. See the trees in the forest! It’s all good. Read more…

Rate of Arab and foreign currencies in Iraqi dinars on Sunday 9-11-2016

Rate of Arab and foreign currencies in Iraqi dinars on Sunday 9-11-2016

Published on: 9-11-2016, 09:14

Rate of Arab and foreign currencies in Iraqi dinars on Sunday 9-11-2016

BAGHDAD / Sky Press: Read more…

Rise in the dollar exchange rate in Iraq

Rise in the dollar exchange rate in Iraq

Sunday, September 11 2016 10:56

BAGHDAD / Baghdadi News / … recorded a foreign currency markets in Iraq, on Sunday, a rise of the dollar exchange rate against the Iraqi dinar.
And record market price in exchange struggle in Baghdad at half past nine in the morning Read more…

Parliamentary Finance: party controls the central bank sales and get a 450 billion dinars per month

Parliamentary Finance: party controls the central bank sales and get a 450 billion dinars per month

Sunday, September 11 2016 16:25

BAGHDAD / Baghdadi Uz..khv source in the Parliamentary Finance Committee, on Sunday, the control of the parties, corrupt central bank sales in the foreign exchange auction, pointing out that these parties get 450 billion dinars per month from the sale of the dollar on the black market teams.

The source said in an interview with / Baghdadi News / “The corrupt parties take the dollar from the central bank in the currency auction sale agreement with the influential priced at 1800 dinars to the dollar and sell B1285 across companies and banks belonging to them.”
“The sale of currency teams up to 450 billion dinars, and most of them are shared between these parties and Read more…

Iraqi Dinar Guru opinions 9-10-16

Iraqi Dinar Guru opinions 9-10-16

9-10-2016 Newshound/Intel Guru BGG Article: “World Bank offers to Iraq to see funding for economic development” Quotes: “Saleh added that “the World Bank between the activities targeted by the loan, is the support of the **federal budget in line with the economic reform paths and a document of reform launched by the Prime Minister…” “the loan payout after the completion of understandings with the World Bank on the road map, which is consistent with the paths of economic reforms,” expected to “be executed loan to Iraq by the World Bank end of the year 2016”. Zebari may well be there… but Saleh is too…Zebari could well be there trying to stay in the conversation is all…it is being reported, his dismissal is imminent…and I don’t think it will cause any “DELAY” – in fact, Iraq adhering to the “reform paper” launched by Abadi and instigated…by the IMF/WB makes it appear as though this corruption clean-up may well speed things up if anything at all. Read more…

Rate of Arab and foreign currencies in Iraqi dinars on Saturday 9-10-2016

Rate of Arab and foreign currencies in Iraqi dinars on Saturday 9-10-2016

Published on: 9-10-2016, 09:49

Rate of Arab and foreign currencies in Iraqi dinars on Saturday 9-10-2016

BAGHDAD / Sky Press: Read more…

Iraqi Dinar Guru opinions 9-9-16

Iraqi Dinar Guru opinions 9-9-16

9-9-2016 Intel/Newshound Guru Mnt Goat Article: “ABADI NOMINATE OTHMAN GHANIMI THE MINISTRY OF DEFENSE AND MUWAFFAQ ABDUL HADI OF THE INTERIOR” Abadi did forward his nominations for the defense and interior ministers yesterday. However, parliament could not vote to ratify them since they could not muster a quorum. Also they planned to hold a no-confidence vote on the finance minister Zebari for corruption charges but this too had to postponed until Sept 20th… Article quote: “…at least some parliamentary blocs stayed away from the session in order to stymie the scheduled vote.” This news did not surprise me since the Kurds are not going to allow a vote against Zebari as they see this as a sectarian action on the part of the GOI to eliminate yet another position from representation by the Kurds. Zebari is in a position that is supposed to be filled by a Kurd. Read more…

Iraqi Dinar Guru opinions 9-8-16

Iraqi Dinar Guru opinions 9-8-16

9-8-2016 Intel/Newshound Guru tman23 Here in the United States are Iraqi visitors with Iraqi bank issued Master Cards which are “debit cards” AND they can go to any ATM and withdraw currency from their Iraqi bank account which the exchange rate today is 1305 to 1 USD…Master Card determines the exchange rate conversion at the time of the transaction…The 1305 is expected to be the rate throughout the remainder of 2016…That is the exchange rate MASTER CARD IS APPLYING…Iraqi’s have access to their bank accounts through master card debit …WORLD WIDE… Read more…

Iraqi Dinar/US Dollar auction results 9-8-16

Iraqi Dinar/US Dollar auction results 9-8-16

Results currency auction
Announcement No. (3277)

Opening Offers sale and purchase of foreign currency daily window in the Iraqi Central Bank on Thursday to brief summary of 09.08.2016 and the results were as follows: Read more…

Rate of Arab and foreign currencies in Iraqi dinars on Thursday 9-8-2016

Rate of Arab and foreign currencies in Iraqi dinars on Thursday 9-8-2016

Published on: 9-8-2016, 09:38

Rate of Arab and foreign currencies in Iraqi dinars on Thursday 9-8-2016

BAGHDAD / Sky Press: Read more…

Iraqi Dinar Guru opinions 9-7-16

Iraqi Dinar Guru opinions 9-7-16

9-7-2016 Intel Guru Dr. Clarke Quick story, and we’ve never related any stories, till now: Last week, I spoke to a Divisional Exec. VP, at one of the Top 5 Banks in the U.S., about what their internal process is looking like, right now. Answer: “We’ve been moving key, specially trained Wealth Management-Type Personnel, new & old, around to areas where we know lots of new opportunity, wealth and investment will soon present itself. Some of these people, have even moved across states, for these new opportunities. We’ve geared up professionally, for the upcoming events, and especially for our Top Tier Clients, existing and future. Everything is in place and we’re waiting for these new opportunities to emerge shortly.” Read more…

Iraqi Dinar/US Dollar auction results 9-7-16

Iraqi Dinar/US Dollar auction results 9-7-16

Results currency auction
Announcement No. (3276)

Opening Offers sale and purchase of foreign currency daily window in the Iraqi Central Bank on Wednesday, a brief summary of 09.07.2016 and the results were as follows: Read more…

Rate of Arab and foreign currencies in Iraqi dinars on Wednesday 9-7-2016

Rate of Arab and foreign currencies in Iraqi dinars on Wednesday 9-7-2016

Published on: 9-7-2016, 09:38

Rate of Arab and foreign currencies in Iraqi dinars on Wednesday 9-7-2016

BAGHDAD / Sky Press: Read more…

Iraqi Dinar Guru opinions 9-6-16

Iraqi Dinar Guru opinions 9-6-16

9-6-2016 Intel Guru Frank26 In Iraq -business that trade out of Iraq has to do everything in dollars. Auctions allow for them to buy dollars and then purchase the products from outside of their country. That is because they are not international and currency is worthless. Now they have letters of credit like you and me with any bank, so they have more time to pay the debt ie 30 days net, instead of cash when they order. This does eliminate the dual currencies which the iMF wants them to do and become a member of WTO. This all means they may have time to pay but they need to pay with their own currency and not the dollar. Which IMO leads then to RI/RV the dinar, and not much time to do it by the way. NO BODY IS GOING TO GIVE IRAQ AN LOC IF THEY ARE NOT GOING TO PAY IN DINARS…in our OPINION. Read more…

Iraqi Dinar/US Dollar auction results 9-6-16

Iraqi Dinar/US Dollar auction results 9-6-16

Results currency auction
Announcement No. (3275)

Opening Offers sale and purchase of foreign currency daily window in the Iraqi Central Bank on Tuesday to brief summary of 09.06.2016 and the results were as follows: Read more…