Posts Tagged ‘Iraqi Dinar’

Abadi adviser explains the pros put the category of 50 000 dinars

Abadi adviser explains the pros put the category of 50 000 dinars

Sunday November 15 – 2015 13:54

The new model expected cash Category
Economic Adviser to the Prime Minister said the appearance of Mohammed Saleh, that Iraq needs a central bank issuing cash paper of 50 thousand dinars category, to shorten the transaction, given that the country is dealing cash payments and no credit cards in circulation in the West Kalveza CARD or MasterCard and other cards and instruments.

And Saleh, in an exclusive interview with Radio tow, that the Read more…

Iraqi Dinar exchange rate against the dollar on Sunday 11-15-15

Iraqi Dinar exchange rate against the dollar on Sunday 11-15-15

15-11-2015 02:00 PM

Iraq today
Iraqi dinar exchange rate against the US dollar on Sunday in the Iraqi banks and markets: Read more…

Experts: put the coin 50 000 dinars cancel the project to delete the zeros and zeros add his grandfather

Experts: put the coin 50 000 dinars cancel the project to delete the zeros and zeros add his grandfather

Posted 15/11/2015 09:30 PM

According to economic sources, that “the introduction of new monetary category of class 50 000 Iraqi dinars to the cash market contrasts with the idea of removing zeros and even includes adding Asfarjdidh and then will become the defense of the Iraqi dinar by asking more of Read more…

Iraqi Dinar Guru opinions 11-14-15

Iraqi Dinar Guru opinions 11-14-15

11-14-2015 Newshound Guru Millionday THIS IS OUR PARLIAMENT UPDATE — REMEMBER THIS SESSION IS EXTENDED FOR ONE MONTH — THEY ARE WORKING. THE AGRICULTURE LAND LAW IS VOTED THROUGH — AMNESTY IS READ TWICE AND READY FOR VOTE. IRAQ VOTED THE DRAft ACCESSION OF INTERNATIONAL RAILWAYS PER AGREEMENT…THIS IS HUGE FOR DIVERSIFYING WITHIN TRADE AND THEIR GDP % FROM OIL DEPENDING. THEY ARE VERY HAPPY WITH THE RESULTS SHOWING ON TERRORISM WAR – AS THEY SHOULD – THEY APPROVED 2016 BUDGET AMOUNT FOR REPRESENTATIVE PAY AND ALLOCATIONS. PARLIAMENT IS GETTING THE AGENDA DONE AS THEY HAVE PLANNED — THIS IS HUGE. Read more…

Iraqi Dinar exchange rate against the dollar on Saturday 11-14-15

Iraqi Dinar exchange rate against the dollar on Saturday 11-14-15

14-11-2015 02:09 PM

Iraq today
Iraqi dinar exchange rate against the US dollar on Saturday in the Iraqi banks and markets: Read more…

Experts: the new currency category 50 000 is a precautionary measure to raise the value of the dinar

Experts: the new currency category 50 000 is a precautionary measure to raise the value of the dinar

11/14/2015

BAGHDAD / JD / .. A number of experts and specialists in the financial and economic affairs, asylum central bank to issue a new currency category 50 000 dinars as a precautionary measure to raise the value of the dinar in transactions and re-Hikh national currency, stressing that it will facilitate the calculation operations in banks, while ruled that have a direct impact on the trading of the Iraqi Read more…

The government spent bank reserves and conditions of the International Monetary crisis will make us

Parliamentary Finance: The government spent bank reserves and conditions of the International Monetary crisis will make us

2015/11/14 8:32

[Baghdad-where]
the Parliamentary Finance Committee said, the government spent stockpiling reserves in state banks and the International Monetary conditions Sdnouk will make us into a financial crisis.
According to the Commission’s decision Ahmed al-Haj told all of Iraq [where] that “the 2016 budget is based on the source oil revenues, the amount Read more…

Iraqi Dinar Guru opinions 11-13-15

Iraqi Dinar Guru opinions 11-13-15

11-13-2015 Newshound Guru Millionday THE PLAN WAS INTRODUCED TO BE SMALL DENOMS — COINS — THE INTERNATIONAL EQUATION AND THE 50,000 NOTE — THE 50,000 NOTE WAS INTRODUCED. IF THIS IS BAD NEWS — IT SURE HAS MISSED ME…IT IS GOOD NEWS. THE SECURE 50,000 IS RELEASED FOR STRATEGIC PURPOSES — COULD BE TO HavE A CERTAIN AMOUNT OF PAPER CURRENCY ON HAND — COULD BE TO BUY A VERY EXPENSIVE CAR CASH ONLY — BUT IT WAS PLANNED ALL ALONG. Read more…

Iraqi dinar exchange rate against the US dollar in banks and the Iraqi market 11-13-15

Iraqi dinar exchange rate against the US dollar in banks and the Iraqi market 11-13-15

10:31 11/13/2015

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

The new currency of 50 thousand provoke ridicule Iraqis

The new currency of 50 thousand provoke ridicule Iraqis

11/13/2015

(Independent) .. the effects of the new banknote design of category (50) thousand, which the central bank announced for issue mockery of what the Iraqis from being overwhelmed by the accumulation of images.

The ceremony of the social networking site (Facebook) publications and sarcastic comments that accompanied the publication of a photo of the new currency.

Gazan journalist Mohamed wrote on his “Urgent: withdrawal of currency 50 thousand class before they are issued, and that the Read more…

Economist: employees’ salaries to the dollar exchange rate is just proposals

Economist: employees’ salaries to the dollar exchange rate is just proposals

11/13/2015 15:02 GMT

BAGHDAD – and babysit – said economist Star-Bayati, that the issue of employees’ salaries to the dollar exchange rate was just hearsay and suggestions.
He said al-Bayati said “implementation of this resolution and this approach and we deal in dollars and give salaries to the dollar this mean for” dollarization “of the Iraqi economy, and the dollar to replace the Iraqi dinar,” noting that “the national currency Read more…

Iraqi Dinar Guru opinions 11-12-15

Iraqi Dinar Guru opinions 11-12-15

11-12-2015 Guru Newshound Millionday Article quote: “Baghdad announced the Central Bank of Iraq, Wednesday, for issuing a new banknote fifty thousand Dinars category…” WE HAVE READ IN THE PAST THAT PART OF THE NEW CURRENCY PLANS INCLUDED A 50,000 DINAR NOTE… A REPORT WAS OUT WHEN THIS WAS FIRST ANNOUNCED THAT IT WAS FOR STRATEGIC REASONS — OBVIOUSLY FOR SECURITY AS WELL — THEY HAVE BEEN SAID TO HAVE THE MOST ADVANCED SECURITY AVAILABLE. AS SOME CAN REMEMBER — THE KURDISH REASON WANTED KURDISH LANGUAGE ON THE NEW CURRENCY — MEANING ALL — SMALL — COINS AND LARGE. THIS IS HUGE AND GREAT NEWS. Read more…

Iraqi Dinar/US Dollar auction results 11-12-15

Iraqi Dinar/US Dollar auction results 11-12-15

Currency Auction Results
Announcement No. (3072)

Offers have been the opening of the sale and purchase of foreign currency daily three thousand and seventy-two window in the Iraqi Central Bank on Thursday to brief summary of 11.12.2015 and the results were as follows: Read more…

Iraqi Dinar exchange rate against the dollar on Thursday 11-12-15

Iraqi Dinar exchange rate against the dollar on Thursday 11-12-15

12-11-2015 12:37 PM

Iraq today
Iraqi dinar exchange rate against the US dollar on Thursday in the Iraqi banks and markets: Read more…

Economist: the issuance of a class 50 000 dinars, will not contribute to the stability of the market

Economist: the issuance of a class 50 000 dinars, will not contribute to the stability of the market

Thursday 12 November 2015 15:02

Alsumaria News / Baghdad
confirmed former economist at the Central Bank of Iraq on behalf of Abdul Hadi, Thursday, that the issuance of 50 class thousand dinars will not contribute to the stability of the market, stressing that large transactions are covered through the dollar. He said Abdul Hadi in an interview with Alsumaria’s News, said that ” Category issuing cash 50,000 dinars Read more…

Economic Analysis: issuing currency (50 000) dinars evidence of inflation .. The other option

Economic Analysis: issuing currency (50 000) dinars evidence of inflation .. The other option for the government

Thursday 12 November 2015 | 18:17

BAGHDAD / .. said economic expert, peace Sumaisem, Thursday, that the issuance of the Iraqi government to coin the (50 000) dinars came an attempt to cover the deficit in the internal circulation by introducing local currency new value and as pointed out that the measure does not mean that the Iraqi currency subject to restructure, expert confirmed that the new currency Read more…

Pictures .. new currency category 50 thousand Iraqi dinars

Pictures .. new currency category 50 thousand Iraqi dinars

Thursday, November 12, 2015 14:33

BAGHDAD / Baghdadi News / .. Iraqi Central Bank announced on Thursday, the new banknote form a class of 50 thousand dinars, to complete Iraqi banknotes structure and the development of high value in the trading category.
The central bank announced Read more…

Central Bank: the imposition of fines against banks amounted to 400 billion dinars

Central Bank: the imposition of fines against banks amounted to 400 billion dinars

11/12/2015 15:10 GMT

BAGHDAD – and babysit – The Central Bank, on Thursday, for imposing fines against banks amounted to 400 billion dinars, noting that the majority of comments on monetary policy of the Bank are fallacies and spreading an atmosphere of pessimism and frustration.

The bank said in a statement, said that “the majority of statements on monetary policy of the Bank are fallacies and spreading an Read more…

Iraqi Dinar Guru opinions 11-11-15

Iraqi Dinar Guru opinions 11-11-15

11-11-2015 Newshound Guru Enorrste Article: “The Central Bank of Iraq, announced issuing new cash paper category fifty thousand Dinars, includes writings in the Kurdish language…” Article quote and explanation from 5-24-2015: “this is a preliminary step to remove zeros from the Iraqi currency in the coming years”, adding that “these two categories will facilitate the process of deliberation of the Iraqi dinar exchange for hard currency.” The quote specifically says that both the introduction of the larger notes AND the removal of the three zeros notes after that will lead to the “deliberation of the Iraqi dinar exchange for hard currency.” In other words, the article’s writer is confirming my analysis that the introduction of the larger notes will lead Iraqis away from dollars since they will, after their introduction, have their own equivalent of a $50 and $100 bill, although worth just slightly less. This will reduce the demand for dollars, and probably quickly, since they won’t have to pay the 8% “vig” to get the dollars anymore. Reduction in dollar demand is the same as increasing demand for dinars, meaning the value of the dinar will begin to rise. At some point, “over the next years” and after they change the exchange rate regime to a float, the demand will reach levels where the three zero notes will be withdrawn due to their being worth too much to carry. Read more…

Iraqi Dinar/US Dollar auction results 11-11-15

Iraqi Dinar/US Dollar auction results 11-11-15

Currency Auction Results
Announcement No. (3071)

Offers have been the opening of the sale and purchase of foreign currency daily three thousand and seventy one window in the Iraqi Central Bank on Wednesday to brief summary of 11.11.2015 and the results were as follows: Read more…