Posts Tagged ‘Iraqi Dinar’

Iraqi Dinar Guru opinions 10-18-15

Iraqi Dinar Guru opinions 10-18-15

10-18-2015 Newshound Guru Enorrste Article: “Monetary policies in Iraq and proposals for the next phase applications” We are all, or at least most of us, frustrated that the CBI has seemed to be unable to move “around the corner” leading to a rise in the value of the dinar…this article for once outlines in detail…the fact that the CBI definitely has a plan and that the plan includes, first, stabilizing the dinar rate, then second, raising the rate, and, third, eventually removing the large notes from circulation ( a clear goal of at least $1 for the dinar). Therefore, if nothing else, this article is a confirmation that the overall plan remains in place in spite of the obvious drawbacks. Read more…

Iraqi Dinar/US Dollar auction results 10-18-15

Iraqi Dinar/US Dollar auction results 10-18-15

Currency Auction Results
Announcement No. (3055)

Offers have been the opening of the sale and purchase of foreign currency daily three thousand and fifty-five window at the Central Bank of Iraq on Sunday, the day on 10.18.2015 and the results were as follows: Read more…

Iraqi Dinar exchange rate against the dollar on Sunday 10-18-15

Iraqi Dinar exchange rate against the dollar on Sunday 10-18-15

18-10-2015 11:14 AM

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

Council of Ministers approved the budget next year at $ 106 trillion and a deficit of 23 Trliuna

Council of Ministers approved the budget next year at $ 106 trillion and a deficit of 23 Trliuna

10/18/2015 15:16 GMT

Follow-up – and babysit – said a ministerial source said the budget next year, voted on by the Council of Ministers reached 106 trillion dinars.
The source said today, “The Council of Ministers voted on the draft general budget bill for next year at $ 106 trillion dinars, and a deficit estimated with 23 Trliuna”.

The Ministry of Finance estimated Read more…

Iraqi Dinar Guru opinions 10-17-15

Iraqi Dinar Guru opinions 10-17-15

10-17-2015 Newshound Guru Kaperoni Article: ” The new investment law…to provide Iraq on a plate for the investor” I’m all for anything that gets the wheels of investment turning in Iraq. That is the only way the dinar goes up in value. This is huge news… Iraq has finally stepped up to the plate. The title “Iraq on a plate for the investor” is a true statement if they pass this law. With the law back to parliament, it hopefully will get passed Monday as they say. The good news is that when Abadi pulled these laws last week to make amendments, he is doing so it appears to really create momentum. Now we need some banking deposit insurance. Read more…

Iraqi Dinar exchange rate against the dollar on Saturday 10-17-15

Iraqi Dinar exchange rate against the dollar on Saturday 10-17-15

17-10-2015 12:38 PM

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

Abadi’s adviser: reduction of expenses in the budget of 2016 and other delete unnecessary

Abadi’s adviser: reduction of expenses in the budget of 2016 and other delete unnecessary

2015/10/17 19:06

[Baghdad-where]
the appearance of Mohammed Saleh, an economic advisor to Prime Minister Haider al-Abadi said on Saturday, that there is a reduction in the budget of 2016, and that the omission had been for unnecessary expenses. ”
Said Saleh told all of Iraq [where] that “the 2016 budget will be discussed tomorrow in the special session of the Council of Ministers where gives his opinion in, and then go to parliament, noting that” the budget will go toward reducing expenses.
“” It will be some expenses reduce the necessary change my budget. ” .
It is noted that due to the Council of Ministers Read more…

Iraqi Dinar Guru opinions 10-16-15

Iraqi Dinar Guru opinions 10-16-15

10-16-2015 Newshound Guru Millionday I WOULD LIKE TO SAY THAT THE IMPORTANCE OF THE INTERNATIONAL INVESTMENT LAW IS THE GREATEST NEED I KNOW. THE VOTE FOR FOREIGN INVESTMENT LAW WILL BE MONDAY. THIS IS NEEDED FOR THE INTERNATIONAL LOANS/AGREEMENTS THAT WILL BE MADE FOR DEVELOPMENT. THE VOTE FOR THE INVESTMENT LAW ON MONDAY IS — HUGE — HUGE. Read more…

Iraqi dinar exchange rate against the dollar in Iraqi banks and markets 10-16-15

Iraqi dinar exchange rate against the dollar in Iraqi banks and markets 10-16-15

09:56 10/16/2015

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

Iraqi Dinar Guru opinions 10-15-15

Iraqi Dinar Guru opinions 10-15-15

10-15-2015 Intel/Newshound Guru tman23 “…23rd session of the first legislative term…to postpone the vote on the draft second amendment bill to the Investment Law…until after the Eid al-Adha holiday…” This Investment Law is not just needed but required for foreign investment to begin deposits in Iraq…It was a condition of the European Union… Iraq desperate for investment…WHY THE DELAY? Parliament does not understand the Federal Government delaying 50 bills that have been read 2 times…The Investment Law was read 2 times… Why not pass it and post it as law but do not implement it same as they have on tariffs… IMO The delay is 3 zeros! Read more…

Iraqi Dinar/US Dollar auction results 10-15-15

Iraqi Dinar/US Dollar auction results 10-15-15

Currency Auction Results
Announcement No. (3054)

Offers have been the opening of the sale and purchase of foreign currency daily window three thousand and fifty-four in the Iraqi Central Bank on Thursday to brief summary of 10.15.2015 and the results were as follows: Read more…

Iraqi dinar exchange rate against the US dollar in Iraqi banks and markets 10-15-15

Iraqi dinar exchange rate against the US dollar in Iraqi banks and markets 10-15-15

11:23 10/15/2015

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

Abadi adviser Central Bank recommends its constantly Lease

Abadi adviser Central Bank recommends its constantly Lease

2015/10/15 16:22

{Baghdad: Euphrates News} recommended to the Prime Minister for Financial Affairs Advisor to the appearance of Mohammed Saleh, the Iraqi Central Bank to continue its program to finance small and medium projects for citizens loans, and lend again after recovery, to stimulate the economic cycle, pointing out that this program can promise nucleus to establish a permanent fund for development, or contribute to the development of the Bank of the international organizations in the future.
Saleh said in a statement Read more…

Iraqi Dinar Guru opinions 10-14-15

Iraqi Dinar Guru opinions 10-14-15

10-14-2015 Newshound Guru Millionday Press report quote: “The Council of Ministers endorsed the reforms presented by Prime Minister Dr. pack. Haider al-Abadi, backed by vote of the House of Representatives unanimously” THE VOTE OF ECONOMIC REFORM LEGISLATION IN ITS ENTIRETY WAS VOTED THROUGH UNANIMOUSLY!!! THEY HAVE FOUND WAYS THROUGH THE REFORMS TO MOVE TO A MARKET ECONOMY WITH THE WORK PACKAGE WHICH SUPPORTS THE PRIVATE SECTOR AND PARTNERING WITH THE PUBLIC SECTOR — WHOOPOW! THEY HOPE THAT THEY WILL HAVE HUGE SUCCESS WITH THE REFORMS AS WAS WITNESSED IN EU DURING THEIR TRANSITION. THE REFORMS WILL HAVE A HUGE IMPACT AND FILL A LARGE PART OF 2016 BUDGET WITH THEIR SUCCESS. [What does that mean for us investors Legislation being voted thru?] THIS MEANS THAT THEY ARE PREPARED TO IMPLEMENT THE ECONOMIC REFORM PACKAGE DUE TO THE LAWS THAT NEEDED TO SUPPORT ALL THE CHANGES HAVE BEEN PASSED. Read more…

Iraqi Dinar exchange rate against the dollar on Wednesday 10-14-15

Iraqi Dinar exchange rate against the dollar on Wednesday 10-14-15

14-10-2015 01:51 PM

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

Next week approve the 2016 budget

Next week approve the 2016 budget

14-10-2015 04:30 PM

Council of Ministers decided today yesterday to hold an extraordinary meeting next week to approve the 2016 budget

and the government statement said today, “The Council of Ministers reviewed in its meeting today the draft federal budget for the 2016 law, and made ​​the observations needed it, and decided to Read more…

Iraqi Dinar Guru opinions 10-13-15

Iraqi Dinar Guru opinions 10-13-15

10-13-2015 Newshound Guru firefly Article quote: “Iraq has halted its plan to issue international bonds because the yield it would have to pay on the debt was too high…” Who the heck would buy International Bonds at 1085…Not going to happen! The World Bank said in July it would provide Iraq with loans totaling $1.7 billion, while the International Monetary Fund agreed this year on an $833 million loan program. I would rather see the WB, IMF and UN GUIDING the Government than giving them money! IMO the loans are history. Read more…

Iraqi Dinar/US Dollar auction results 10-13-15

Iraqi Dinar/US Dollar auction results 10-13-15

Currency Auction Results
Announcement No. (3053)

Offers have been the opening of the sale and purchase of foreign currency daily window three thousand and fifty-three in the Iraqi Central Bank on Tuesday for a brief summary 10.13.2015 and the results were as follows: Read more…

Iraqi Dinar exchange rate against the dollar on Tuesday 10-13-15

Iraqi Dinar exchange rate against the dollar on Tuesday 10-13-15

13-10-2015 01:30 PM

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

Iraqi Dinar Guru opinions 10-12-15

Iraqi Dinar Guru opinions 10-12-15

10-12-2015 Newshound Guru Millionday Article quote “…the implementation of the reform professionalism and rigor and seriousness to achieve real and meaningful results measures reflected immediately on the economy and the citizen and the future of the country…” THE PROCESS OF ECONOMIC REFORM IS VERY IMPORTANT WITH EVERY STEP FOR SUCCESS. THE STEPS OF REFORM WILL IMPACT THE CITIZENS AND COUNTRY RIGHT AWAY — THERE IS NO ROOM FOR HOLD UPS OF ANY PART OF THE PROCESS. THEY ARE ALL PREPARED AND THE COUNTRY IS IN WAITING MODE FOR THE REFORMS AND ALL THE ECONOMIC REFORMS WILL BRING… THE REFORMS BEING ACTIVATED WILL CHANGE THE ENTIRE HISTORY OF IRAQ — THEY WANT ALL OF THESE CHANGES IN HISTORY TO BE GOOD ONES. Read more…