Posts Tagged ‘Iraqi Dinar’

Iraqi Dinar Guru opinions 8-30-16

Iraqi Dinar Guru opinions 8-30-16

8-30-2016 Intel/Newshound Guru tman23 Direct words from the CBI to the GOI in several meetings…There will be no currency reform until all provinces are under government control…it was printed in ink in news articles… That being said, the liberation of Mosul is expected to take place end of September early October. Ernest and Young are expected to be finishing up with the 2 state banks mid October to end of October…Shabibi had said that the lifting of the zeros must begin at the start of the New Year and not in the middle of a quarter or middle of the year…it is not unreasonable to speculate that the lifting of the 3 zeros may be on the front burner for the start of 2017. Read more…

Iraqi Dinar/US Dollar auction results 8-30-16

Iraqi Dinar/US Dollar auction results 8-30-16

Results currency auction
Announcement No. (3270)

Opening Offers sale and purchase of foreign currency daily window in the Iraqi Central Bank on Tuesday to brief summary of 08.30.2016 and the results were as follows: Read more…

The dollar today in Iraq 8-30-2016

The dollar today in Iraq 8-30-2016

08.30.2016 9:42

[Oan- Baghdad]
recorded a foreign currency markets in Iraq, on Tuesday morning, a slight 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…

Iraqi Dinar Guru opinions 8-29-16

Iraqi Dinar Guru opinions 8-29-16

8-29-2016 Newshound/Intel Guru BGG I cannot see how anyone is actually following the financial details of this thing and not be thoroughly EXCITED about where we are (finally!)…One point that gets missed alot – they have signed deals and agreed to remove and adhere to a more “international standard” regarding their internal MCPs… (…”multi-currency practices”)… THIS IS HUGE… MCPs coming to an end…this is a big point in their whole “economic reform package” – it is a complete overhaul… MCPs and currency being only one point of the program…even until recently – they are still (or have been) operating under some odd MCPs. The WB and IMF doesn’t like it…they have agreed to change – and have taken direct action and taken on breath-taking reforms on daily…it’s happening before our very eyes…and my final thought is this… Read more…

Iraqi Dinar/US Dollar auction results 8-29-16

Iraqi Dinar/US Dollar auction results 8-29-16

Results currency auction
Announcement No. (3269)

Opening Offers sale and purchase of foreign currency daily window in the Iraqi Central Bank on Monday to brief summary of 08.29.2016 and the results were as follows: Read more…

The central bank defended the currency auction: a way to stabilize the dinar exchange rate

The central bank defended the currency auction: a way to stabilize the dinar exchange rate

Monday 29-08-2016 | 12:37:07

Twilight News CBI / defended on Monday the auction of the currency in the face of criticism and is described as a door for corruption and theft of state funds, stressing that the auction means to stabilize the dinar exchange rate.

The bank said in a statement responded to the Twilight News, “The sale of the currency window is the way to ensure the stability of the dinar exchange rate over the meeting of the Iraqi economy Read more…

The dollar today in Iraq 8-29-2016

The dollar today in Iraq 8-29-2016

08/29/2016 10:14

[Oan- Baghdad]
recorded a foreign currency markets in Iraq, on Monday morning, a stable 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…

Central Bank: Putting the sale of foreign currency window to ensure the stability of the dinar exchange

Central Bank: Putting the sale of foreign currency window to ensure the stability of the dinar exchange

08/29/2016 11:30

[Oan- Baghdad]
attributed the CBI, put a window to sell foreign currency to ensure the stability of the Iraqi dinar.
According to a statement to inform the bank received by all of Iraq [where] a copy of it, “commenting to the chest of opinions about the work of selling foreign currency window of the Iraqi Central Bank wishes to state that the sale of the currency window is the way to Read more…

Iraqi Dinar Guru opinions 8-28-16

Iraqi Dinar Guru opinions 8-28-16

8-28-2016 Newshound Guru firefly Vietnam announced on Bloomberg twice now that they are revaluing their currency! Now why would they announce that if their was no plans? I saw it with my own eyes. Kinda shocked me actually that they would make that announcement. I have no idea about the rate just the announcement…remember pre war their currency was valued at 2.22. [when did they announce this… recently?] Pretty much the same time Iraq started talking openly about it. Press Release: Vietnam: 2016 Article IV Consultation- Press Release; Staff Report; and Statement by the Executive Director for Vietnam Quote: “A new government took office in 2016 with a commitment to reforms that, if implemented, would place Vietnam in a sound position to achieve its ambitious development goals.” Read more…

Iraqi Dinar/US Dollar auction results 8-28-16

Iraqi Dinar/US Dollar auction results 8-28-16

Results currency auction
Announcement No. (3268)

Opening Offers sale and purchase of foreign currency daily window in the Central Bank of Iraq on Sunday for a brief summary 28.08.2016 and the results were as follows: Read more…

Rate of Arab and foreign currencies in Iraqi dinars on Sunday 8-28-2016

Rate of Arab and foreign currencies in Iraqi dinars on Sunday 8-28-2016

Published on: 8-28-2016, 09:41

Rate of Arab and foreign currencies in Iraqi dinars on Sunday 8-28-2016
BAGHDAD / Sky Press: Read more…

The dollar today in Iraq 8-28-2016

The dollar today in Iraq 8-28-2016

28/8/2016 9:45

[Oan- Baghdad]
recorded a foreign currency markets in Iraq, on Sunday morning, a stable 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…

Iraqi Dinar Guru opinions 8-27-16

Iraqi Dinar Guru opinions 8-27-16

8-27-2016 Newshound Guru rcookie Article: “Transportation signed a contract with a French company for the transfer of cement” … GENERAL TRANSPORT COMPANY SIGNING BIGGEST CONTRACT IN THE COMPANIES HISTORY WITH FRENCH COMPANY LAFARGE … HMMMMM…IN TODAYS NEWS ALONE…GERMANY…JAPAN WITH TOYOTA…THE FRENCH WITH LAFARGE…KOREA AND US WITH THE NEW 15.5 SQ MILE CITY IN ANBAR…KUWAIT & UAE IN TH NEW KARBALA CITY…THE UK AND IBBC CUED UP IN BASRA AND KURDISTAN… WOW… SURE WOULD BE NICE IF IRAQ COULD GET SOME SIGNS OF CONFIDENCE FROM THE INTERNATIONAL INVESTMENT COMMUNITY.. Read more…

Rate of Arab and foreign currencies in Iraqi dinars on Saturday 8-27-2016

Rate of Arab and foreign currencies in Iraqi dinars on Saturday 8-27-2016

Published on: 8-27-2016, 09:56

Rate of Arab and foreign currencies in Iraqi dinars on Saturday 8-27-2016
BAGHDAD / Sky Press: Read more…

Iraqi Dinar Guru opinions 8-26-16

Iraqi Dinar Guru opinions 8-26-16

8-26-2016 Intel Guru Frank26 I see Mosul being given to you bit by bit…counterfeiting coming to an end and being dealt with…and all the systems they are putting up and all the agencies that are there…there is a lot of policing going on…and this is what we need…the corruption has got to stop in order for them to give you Mosul…in order for them to give you the MR…and and I see the 2017 budget…they are going to have it in mid-September…I see the CBI working with banks…I see companies that are coming in…I see a lot of things that are very good. …they are going to come out with a 100,000 note…It is for banking business and they even made it very clear that is what it was for…these higher notes will eventually become a part of the electronic digital system that Iraq is going into… This is their plan…the plan that was derived in December with the IMF and Iraq along with Dr. Shabibi and Abadi…and we basically said at that time the US which is basically the IMF took Iraq by the ear and said…we are going to throw you into the international world in the first half and in the second half it is up to you to raise your value and that is where we are at right now… Read more…

The dollar today in Iraq

The dollar today in Iraq

08.26.2016 10:12

[Oan- Baghdad]
recorded a foreign currency markets in Iraq, on Friday morning, a relatively stable 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…

Iraqi Dinar Guru opinions 8-25-16

Iraqi Dinar Guru opinions 8-25-16

8-25-2016 Intel/Newshound Guru Backdoc I WANTED TO TAKE JUST A MOMENT TO DISCUSS THE CURRENT TIMELINE THAT IS BECOMING APPARENT. BY NOW WE ARE ALL KEENLY AWARE OF THE DIGITAL IEX PLATFORM THAT STARTED TESTING FROM AUGUST 19TH THROUGH SEPTEMBER 2ND…IF YOU PULL UP YOUR CALENDAR…YOU WILL NOTICE THAT SEPTEMBER 3RD LANDS ON THE WEEKEND THEREFORE THE IEX WON’T BE TRADING. WE THEN ENTER A HOLIDAY WEEKEND WITH LABOR DAY. THE FIRST POSSIBILITY OF A FULL VIEW OF THE IEX IN ACTION WILL BE TUESDAY SEPTEMBER 6TH! SEPT. LEADING INTO THE NEW FISCAL YEAR LOOKS TO BE FULL OF ACTIVITIES! YES, THIS IS GETTING VERY INTERESTING! Read more…

Iraqi Dinar/US Dollar auction results 8-25-16

Iraqi Dinar/US Dollar auction results 8-25-16

Results currency auction
Announcement No. (3267)

Opening Offers sale and purchase of foreign currency daily window in the Iraqi Central Bank on Thursday to brief summary of 08.25.2016 and the results were as follows: Read more…

Rate of Arab and foreign currencies in Iraqi dinars on Thursday 8-25-2016

Rate of Arab and foreign currencies in Iraqi dinars on Thursday 8-25-2016

Published on: 8-25-2016, 09:20

Rate of Arab and foreign currencies in Iraqi dinars on Thursday 8-25-2016
BAGHDAD / Sky Press: Read more…

Iraqi Dinar Guru opinions 8-24-16

Iraqi Dinar Guru opinions 8-24-16

8-24-2016 Newshound Guru Enorrste Article: “Central bank: Print category 100 000 dinars , and we are waiting for official approval lowered into the market” The reason there is low liquidity in the markets in Iraq is because instead of using their dinars many people are holding them in their mattresses. Thus the CBI has been forced to raise the money supply, not because it wants to but because the economy would collapse otherwise. The introduction of the 50k and 100k notes is directed to solving this liquidity problem, not by just injecting new cash into the market…so that they can draw out the 25k notes from people’s mattresses. There is also a stated goal to have bills roughly equivalent to our $50 and $100 notes. If they are successful these new bills will draw out the 25k notes which will be destroyed… The result will be a reduction in the money supply back to 40 trillion dinars as the article states. This plan of introducing the larger notes has a goal of stopping the rise in the money supply…It is necessary because the people are not yet confident in using banks. Read more…