Posts Tagged ‘Iraqi Dinar’

Rate of Arab and foreign currencies in Iraqi dinars on Thursday 7-14-2016

Rate of Arab and foreign currencies in Iraqi dinars on Thursday 7-14-2016

Published on: 7-14-2016, 10:19

Rate of Arab and foreign currencies in Iraqi dinars on Thursday 7-14-2016
BAGHDAD / Sky Press: Read more…

Upgrading of Iraqi currency “dinar plastic (polymer)” Re-evaluate the value of the dinar

Upgrading of Iraqi currency “dinar plastic (polymer)” Re-evaluate the value of the dinar

14-7-2016

– Dinar plastic (polymer)
– Restructuring of the Iraqi currency
Re-evaluate the value of the dinar

– Iraqi dinar (polymer):

1.eetm the use of plastic money and made of material plastic polymer Read more…

Iraqi Dinar Guru opinions 7-13-16

Iraqi Dinar Guru opinions 7-13-16

7-13-2016 Intel/Newshound Guru Poppy3 […I was so excited when I saw the posts about the 1.18 in Iraq…] THATS WHAT I RECEIVED SEVERAL TIMES…I WAS ALSO TOLD THAT IS NOT A RV RATE OF ANY KIND AND IT WOULD BE A MINIMUM BASE FOR THEM TO WORK FROM BUT THATS A GREAT START… PERTAINS MORE TO FULFILLING THE BUDGET REQUIREMENTS. WE WAIT FOR ACTIONS TO BRING FORTH THE FACTS. I HAVE NEVER HEARD ANYTHING FROM ANYONE OFFICIAL THAT HAS ANYTHING TO DO WITH SETTING A RATE STATE ANYTHING ABOUT A FLOAT. THEY HAVE ALWAYS MAINTAINED A REASONABLE, MEDIAN RATE THEY KNOW THEY CAN MAINTAIN AND GROW THEIR ECONOMY FOR AT LEAST 24 MONTHS BEFORE THEY ALLOW A MARKET ECONOMY FLOAT PERIOD. Read more…

Iraqi Dinar/US Dollar auction results 7-13-16

Iraqi Dinar/US Dollar auction results 7-13-16

Results currency auction
Announcement No. (3239)

Opening Offers sale and purchase of foreign currency daily window in the Iraqi Central Bank on Wednesday, a brief summary of 07.13.2016 and the results were as follows: Read more…

Rate of Arab and foreign currencies in Iraqi dinars on Wednesday 7-13-2016

Rate of Arab and foreign currencies in Iraqi dinars on Wednesday 7-13-2016

Published on: 7-13-2016, 09:28

Rate of Arab and foreign currencies in Iraqi dinars on Wednesday 7-13-2016
BAGHDAD / Sky Press: Read more…

Iraqi Dinar Guru opinions 7-12-16

Iraqi Dinar Guru opinions 7-12-16

7-12-2016 Newshound Guru rcookie Quote: “… forcing banks to deploy ATMs in every province… and the introduction of credit cards for banks digital money…” THEY ARE DISCUSSING GOING DIGITAL WITH THE INTRODUCTION AND DISBURSEMENT OF SOPHISTICATED NETWORK OF ATM MACHINES THROUGHOUT THE PROVINCES ACCORDING TO POPULATION DENSITY…AS WELL AS BRING BANKING SECTOR TO THE LEVELS OF ADVANCED TECHNOLOGY AND SERVICE OF GLOBAL STANDARDS… Read more…

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

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

Results currency auction
Announcement No. (3238)

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

Iraqi dinar exchange rate against the US dollar in the banks and the Iraqi market 7-12-2016

Iraqi dinar exchange rate against the US dollar in the banks and the Iraqi market 7-12-2016

16:30 12/07/2016

Iraqi dinar exchange rate against the US dollar in the banks and the Iraqi market: Read more…

Iraqi Dinar Guru opinions 7-11-16

Iraqi Dinar Guru opinions 7-11-16

7-11-2016 Newshound Guru wmawhite “1. Delete the zeros phantom inflation inherited from the siege and war…2. Be the dollar value of 1 is equal to 1 dinar and 118 fils. 3. eetm payment in Iraqi dinars for imports from China, Iran, Russia and Turkey are all state of understanding with them about the currency that is dealt with.” This is an Iraqi banker discussing on social media the need as well as the revaluation of the IQD. The information he discusses is quite detailed, even to the point of stating that the currency will have 100 fils. IMO, he is comfortable enough to discuss this because it is common knowledge within his profession. Why else discuss it? We have the CBI, GOI telling us this is what they wany to do…And now, here is a banker telling us the details. [WHAT IS 100 FILS…?] a FIL is less than one…Think of our 1 cent, nickel, etc. Read more…

Iraqi Dinar/US Dollar auction results 7-11-16

Iraqi Dinar/US Dollar auction results 7-11-16

Results currency auction
Announcement No. (3236)

Opening Offers sale and purchase of foreign currency daily window in the Central Bank of Iraq on Monday for a brief summary 11.07.2016 and the results were as follows: Read more…

Rate of Arab and foreign currencies in Iraqi dinars on Monday 7-11-2016

Rate of Arab and foreign currencies in Iraqi dinars on Monday 7-11-2016

Published on: 7-11-2016, 09:44

Rate of Arab and foreign currencies in Iraqi dinars on Monday 7-11-2016
BAGHDAD / Sky Press: Read more…

Iraqi Dinar Guru opinions 7-10-16

Iraqi Dinar Guru opinions 7-10-16

7-10-2016 Newshound Guru Millionday Article: “The International Monetary Fund’s (IMF) executive board has approved a $5.34 billion program for Iraq to help strengthen the country’s finances. The IMF said in a statement on July 7 that the three-year loan will see $634 million immediately allocated to Baghdad.” NOTE — IMMEDIATELY… THIS IS A GREAT THING TO SEE THIS MOVE FORWARD — THEY HAD STIPULATIONS IN INK…NOTE –THE IMF IS NOT THE IRAQI GOV == THEY DO NOT MEET FOR A REASON JUST TO TALK, THESE ARE FORMAL MEETINGS WITH IRAQ… THEY HAVE COMPLETED THE FIRST AND SECOND REVIEWS…THIS IS GREAT GREAT NEWS…SO VERY EXCITING… IMO. Read more…

Prices Arab and foreign currencies in Iraqi dinars on Sunday 7-10-2016

Prices Arab and foreign currencies in Iraqi dinars on Sunday 7-10-2016

Published on: 7-10-2016, 09:20

Prices Arab and foreign currencies in Iraqi dinars on Sunday 7-10-2016
BAGHDAD / Sky Press: Read more…

Iraqi Dinar Guru opinions 7-9-16

Iraqi Dinar Guru opinions 7-9-16

7-9-2016 Newshound/Intel Guru BGG we are on the “upswing” as far as investments go…this LOI to the IMF and IMF oversight is BIG NEWS… and explains a lot regarding the clean-up and direction in Iraq right now…had the previous Shia bunch had their way – this may have NEVER HAPPENED… as of now – things are moving along AT SPEED!! Personally – (and this is my take)…the first half of the year – is some kind of “manufactured” DEAD-LINE…in reality – they are “in the process” of re-engaging with the world markets and economies now…on schedule – under the advisement and oversight of the IMF…and this – is BIG NEWS. Did they say R.V. by such and such date?? NO – but they did say they would start this process and they have…it is very – very – VERY good for us, as investors. I am excited – and I sat in on one of the first board meetings about Dinar there ever was. Read more…

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

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

Published on: 7-9-2016, 09:27

Rate of Arab and foreign currencies in Iraqi dinars on Saturday 7-9-2016
BAGHDAD / Sky Press: Read more…

Iraqi Dinar Guru opinions 7-8-16

Iraqi Dinar Guru opinions 7-8-16

7-8-2016 Newshound Guru rcookie TO ALLOW FOR PERSPECTIVE AND PROGRESS YOU HAVE TO LOOK AT THE LOI’S THROUGH THE YEARS AND LOOK AT THE INITIATIVES…THE REVIEW WINDOWS AND CYCLES TO SEE THE SCOPE OF THE PROGRAMS AND TECHNICAL ASSISTANCE FROM IMF AND WB…AND HOW THEY HAVE SHAPED EVERY SINGLE COMPONENT OF THEIR 5 YEAR STRATEGIC PLAN THAT IS PUBLISHED ON THE CBI WEBSITE…AND DOMINATES EVERY POLICY AND ACTION THEY UNDERTAKE…THESE INITIATIVES AND ACTIONS ARENT THINGS THAT JUST CAME TO THEM…THEY HAVE BEEN RESTRUCTURING THE SOB’S WITH WORLD BANK ASSISTANCE SINCE 2006…THATS 10 YEARS…SO WHEN WE READ A COUPLE OF MONTHS AGO THEY WERE 97% COMPLETE…THAT IS 10 YEARS IN THE MAKING… Read more…

Rate of Arab and foreign currencies in Iraqi dinars on Friday 7-8-2016

Rate of Arab and foreign currencies in Iraqi dinars on Friday 7-8-2016

Published on: 7-8-2016, 12:36

Rate of Arab and foreign currencies in Iraqi dinars on Friday 7-8-2016
BAGHDAD / Sky Press: Read more…

Central adviser: Reserve stable at 53 billion and Okhov the dinar

Central adviser: Reserve stable at 53 billion and Okhov the dinar

08.07.2016 14:14

{Baghdad: Euphrates News} central bank adviser Walid Idi, said a stable bank reserves at 53 billion dollars.
He said Idi told {Euphrates News} ” The Reserve last year stable at 53 billion dollars , ” noting that ” the Bank ‘s policy is conservative , a balance between price and maintain the reserves,” he said . ” There is no fear on the exchange rate of the dinar against the dollar.”
He added ” the central bank has Read more…

Iraqi Dinar Guru opinions 7-7-16

Iraqi Dinar Guru opinions 7-7-16

7-7-2016 Newshound Guru wmawhite Article: “Iraq new 500-dinar note with Kurdish confirmed” After reading this article/announcement…I asked why would the CBI spend $millions on a note that has a current equivalent value of $0.43. Currently, this note has no place within the market place, similar to the former 50 IQD note. Yet, they spend millions to make the Kurds happy based upon promises made years ago. IMO, this is evidence that a shift in the value of the Iraqi Dinar is near because this note will be of no value in the marketplace unless the price of product is reduced dramatically. This will happen when the value of the IQD increases dramatically OUTSIDE of Iraq. Read more…

Iraqi Dinar Guru opinions 7-6-16

Iraqi Dinar Guru opinions 7-6-16

7-6-2016 Intel Guru Frank26 The international companies are waiting…salivating for a chance to get into Iraq…but continue to wait for them to change the value of their currency. Abadi said he solve things after EID. EID is the 6th, 7th and 8th of July. Right after EID…all of the reforms will travel at a much faster pace. [Guru] Delta called this week and says “…The CBI is going to release the 500 IQD note with the Kurdistan language on it.” As you know, the citizens already have a 500 IQD note (without the Kurdistan language on it). …IMO…when the value of the IQD goes up…the new 500 IQD note …will be THE LARGEST DENOMINATION! There will be no more 3 zeros! The 3 zero notes will fade away…because mathematically (with the new rate)…those don’t work. When they raise the value in Iraq…the 3 zero notes won’t be usable to the citizens any longer. The plan is to lift the 3 zeros from the citizens. 500 IQD note (and notes lower than that) is all that will be used in the future. The others will be deleted over the next few years. Read more…