Posts Tagged ‘Iraqi Dinar’

Iraqi Dinar Guru opinions 8-26-15

Iraqi Dinar Guru opinions 8-26-15

8-26-2015 Newshound Guru Aggiedad77 PM Abadi stood up to an Iranian General today whose sole purpose was to make a deal for Maliki to keep him out of court and prison…Abadi would not budge on the issue… IMO…step one of Maliki’s demise…Abadi proved he will not knuckle under extreme stress…but Abadi won this round…is it over…no…but Abadi knows what needs to be done. He has the backing of the Iraqi religious authority, he has the backing of the people, he has the support of COM, and he has the support of President of the Republic Masum…the ball is in his court I believe…I can’t say why he won’t arrest Maliki…but I believe his time grows short…watch what happens over the next few days… In closing and summing this all up…PM Abadi spoke today with a strength that I don’t think had previously been exhibited…he’s taking actions through his reforms…and …there are more reforms coming…pay attention to what he does…he is a very smart man and will not be outplayed…IMO. Read more…

Iraqi Dinar/US Dollar auction results 8-26-15

Iraqi Dinar/US Dollar auction results 8-26-15

Currency Auction Results
Announcement No. (3022)

Offers have been the opening of the sale and purchase of foreign currency daily window three thousand and twelve and twenty in the Iraqi Central Bank on Wednesday to brief summary of 08.26.2015 and the results were as follows: Read more…

Iraqi Dinar exchange rate against the dollar on Wednesday 8-26-15

Iraqi Dinar exchange rate against the dollar on Wednesday 8-26-15

26-08-2015 12:13 PM

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

British newspaper: Iraqi dinar and one of the most vulnerable currencies in the Middle East

British newspaper: Iraqi dinar and one of the most vulnerable currencies in the Middle East

Editor Ammar Kazim – Wednesday 26 August 2015 15:52

Alsumaria News / translation
newspaper, “said Bloomberg,” the British, Wednesday, that the foreign currency reserves at the Central Bank of Iraq had fallen to $ 59 billion since the third of the month of July, saying the Iraqi dinar and one of the most currency risk in the area of the Middle East, as he emphasized Director General of the Central Bank of Iraq that the value of the dinar will not cut it. The newspaper said in a report, “The currency crisis Read more…

Parliamentary Economy: Oil revenues are not enough to pay the salaries of employees in the next year

Parliamentary Economy: Oil revenues are not enough to pay the salaries of employees in the next year

08/26/2015 08:54 GMT

Continue . And babysit – warned of the economic and investment commission in Parliament, that the oil revenues will not be sufficient to pay the salaries of state employees over the next year.
Committee member Najiba Najib confirmed, that “the government will face difficulty in providing the employees’ salaries during the next year.”

Najib explained that “the state departments salaries estimated at five trillion dinars and it is not easy Read more…

Iraqi Dinar Guru opinions 8-25-15

Iraqi Dinar Guru opinions 8-25-15

8-25-2015 Newshound Guru wmawhite [I just got an article…talking about dinar against other currencies and oil price: “Iraqi dinar compete Arab currencies in the exchange rate”] currently the IQD is not competing against anything… therefore, if this person is correct and the IQD is going to compete within the world currency markets, then its status must change first. Meaning, currencies compete based upon exchange rates… therefore, it must have an exchange rate with which other currencies will exchange with. [so does that mean maybe an rv soon?] There is NO maybes with the IQD…there is only WHEN the IQD starts moving within the world currencies markets. Personally, they (the CBI, GOI and ISX) have issued so many indicators that point to a change in the status of the IQD. Read more…

Iraqi Dinar/US Dollar auction results 8-25-15

Iraqi Dinar/US Dollar auction results 8-25-15

Currency Auction Results
Announcement No. (3021)

Offers have been the opening of the sale and purchase of foreign currency daily three thousand and twenty-one window in the Iraqi Central Bank on Tuesday for a brief summary 08.25.2015 and the results were as follows: Read more…

Iraqi Dinar exchange rate against the dollar on Tuesday 8-25-15

Iraqi Dinar exchange rate against the dollar on Tuesday 8-25-15

25-08-2015 12:40 PM

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

Government allocates 5 trillion dinars to confront the financial crisis and provide job opportunities

Government allocates 5 trillion dinars to confront the financial crisis and provide job opportunities

Tuesday 25-08-2015 | 6:12:34

Twilight News / Prime Minister Haider al-Abadi announced on Tuesday to take immediate action to cope with the financial crisis in Iraq, including the allocation of five trillion dinars for the revitalization of agriculture, industry and housing sectors, and encourage investment and job creation.

Ebadi said during a regular Cabinet meeting, said that “the ministries to take a role in the reform process, and provide Read more…

Iraqi Dinar Guru opinions 8-24-15

Iraqi Dinar Guru opinions 8-24-15

8-24-2015 Newshound/Intel Guru BGG Maliki came back from Iran where he met with most of his most ardent Shia supporters (not all Shias support him – as before)…The Dawa party (and Maliki) “facially supports” these recent reforms called for by the Iraqi Clerics and the demonstrators (the people)…However, it’s a political tactic. He needs to look like “HE’S THE REFORMER”, or at least line himself up with the reforms. On the other hand Maliki is secretly attempting to subvert Abadi everything he does. It is worth noting – there are numerous OP ED’s out recently pointing out that if Maliki really wanted reforms he would have done so long ago. Maliki is in now in FULL DAMAGE control…He did not come back until he had some assurance of some kind – though no guarantee, he must feel he has some potential for survival. Read more…

Iraqi Dinar/US Dollar auction results 8-24-15

Iraqi Dinar/US Dollar auction results 8-24-15

Currency Auction Results
Announcement No. (3020)

Offers have been the opening of the sale and purchase of foreign currency daily window and twenty three thousand in the Central Bank of Iraq on Monday for a brief summary 08.24.2015 and the results were as follows: Read more…

Iraqi Dinar exchange rate against the dollar on Monday 8-24-15

Iraqi Dinar exchange rate against the dollar on Monday 8-24-15

24-08-2015 12:23 PM

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

High budget deficit of 23 to 53 trillion dinars

High budget deficit of 23 to 53 trillion dinars

24/08/2015 04:25

Brother – Baghdad
Parliamentary Finance Committee announced that the real deficit in the federal budget for the current year amounted to 53 trillion dinars after the fall in world oil prices.
He said committee member Majda al-Tamimi said, “now is the law of the general budget deficit is 23 trillion dinars, but now, according to current accounts and lower oil prices in the global market, the deficit reached 53 trillion dinars.”
She explained, “That means that more than half of the public budget Read more…

Iraqi Dinar Guru opinions 8-23-15

Iraqi Dinar Guru opinions 8-23-15

8-23-2015 Newshound Guru Millionday Article quote: “Today launched the (economic morning) new shape with the start of the morning 48 as usual to call since the idea of expansion, three pages devoted to the economy out of its importance at the local and global scales…” THE ECONOMIC REFORMS HAVE BEGUN — THEY ARE TO SATISFY THE CITIZENS AND ALSO ADDRESS NOT ONLY THE DOMESTIC — BUT THE GLOBAL SCALE. SO THE PROCESS MAY BE HARD/DIFFICULT BUT THE PAY OFF (NO PUN INTENDED) WILL BE GREATER…THIS WILL BE RELEASED TO THE CITIZENS IN THE MORNING [SUNDAY] (MEANING THE REPORT) [this goes out to citizens in am? and the reference to 48? 48 hr activation?] YES IT DOES. Read more…

Iraqi Dinar/US Dollar auction results 8-23-15

Iraqi Dinar/US Dollar auction results 8-23-15

Currency Auction Results
Announcement No. (3019)

Offers have been the opening of the sale and purchase of foreign currency daily three thousand and nineteen window at the Central Bank of Iraq on Sunday, the day on 08.23.2015 and the results were as follows: Read more…

Iraqi Dinar exchange rate against the dollar on Sunday 8-23-15

Iraqi Dinar exchange rate against the dollar on Sunday 8-23-15

23-08-2015 11:04 AM

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

Keywords acknowledge difficult economic and financial situation in Iraq

Keywords acknowledge difficult economic and financial situation in Iraq

8/23/2015 0:00

BAGHDAD – Omar Abdel-Latif
admitted the CBI difficult financial situation in Iraq, saying that the big challenge that will continue for the future comes from the volatility quotient in oil resources, which endorsed by the Finance Committee in the House of Representatives, when confirmed «the central bank fears» attributed it to poor planning and neglect 2014 budget, which led to the deterioration of the economic situation in Albuld.mhafez Central Bank Ali Mohsen Keywords said in a statement singled out Read more…

Iraqi Dinar Guru opinions 8-22-15

Iraqi Dinar Guru opinions 8-22-15

8-22-2015 Newshound Guru Breitling An article came out and a lot of people are scared about the idea of a LOP…look, this is a repeat [article]. The biggest indicator for a lop is they wouldn’t reduce the note count…they wouldn’t need to…they’d just take the 3 zeros off and that’s it…that’s the indicator. If they are physically reducing the note count…They have reduced the note count from 9 billion to 6 billion to 4 Billion to whatever they’re at today and that includes taking away the 50 dinar note. They can’t reduce the note count like that AND take the zeros at the same time. If you go back to the minister of finance’s plan what is it? To get the dinar to the US dollar….that’s it. What do they have to do to maneuver to do that? They have to reduce the note count. They have to get US dollars out of the market. Read more…

Keywords: SME loans will reduce dependence on budget

Keywords: SME loans will reduce dependence on budget

22/08/2015

Qurtas News / Baghdad
The Central Bank of Iraq, Saturday, that the small and medium enterprises launched by Bank loans will reduce the reliance on the budget and develop the economy.
The governor of the bank on the Keywords in a statement to “Qurtas News” that “the Bank has launched over the past three months, 6 trillion dinars divided by trillion dinars for Read more…

Iraqi Dinar Guru opinions 8-21-15

Iraqi Dinar Guru opinions 8-21-15

8-21-2015 Intel Guru Frank26 [do you think we have a good chance of seeing 1 to 1 before 2016?] ONLY If we see DRS [Dr. Shabibi] back in this year. As for 1 to 1…Or INDEX to INDEX…The USD will still be involved with the IQD but with a lower ranking postion of Power and decision making. IOO…2016 / 17 is for the RV PHASE REFORM. Because there can be NO RV without the RI and none of them can exsist witout DRS lifting the 000’s from a numb Program Rate. Read more…