Posts Tagged ‘Iraqi Dinar’

Iraqi Dinar exchange rate against the dollar on Thursday 8-6-15

Iraqi Dinar exchange rate against the dollar on Thursday 8-6-15

06-08-2015 10:46 AM

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

Experts suggest investment bank deposits up to $ 25 billion

Experts suggest investment bank deposits up to $ 25 billion

Posted 06/08/2015 04:09 PM

Economic circles suggested the possibility of investment bank deposits amounting to about 30 trillion Iraqi dinars (25 billion dollars), to deal with the results of the financial crisis resulting from the drop in world oil prices on the economic situation of the country, as well as the budget deficit.
Kamal Al-Basri said financial expert and head of the Iraqi Institute for Economic Reform, that «bank deposits amounting to more than 30 trillion dinars can be used to meet the deficit of the state budget, through the sale of government bonds».
He pointed to the need to Read more…

Iraqi Central: Launch 5 trillion dinars loans to banks next Saturday

Iraqi Central: Launch 5 trillion dinars loans to banks next Saturday

Thursday, August 6, 2015 09:00

BAGHDAD / Baghdadi News / … the Iraqi Central Bank announced on Thursday that he will be fired 5 trillion dinars loans to banks on Saturday.
According to a statement of the bank received / Baghdadi News /, a copy of “an important conference held next Saturday, to announce the launch of 5 trillion dinars loans Read more…

A parliamentary report: local banks smuggled billions of dollars through front companies run

A parliamentary report: local banks smuggled billions of dollars through front companies run

08/06/2015 (00:01 pm)

BAGHDAD / Mohammad Sabah

A report prepared by the Parliamentary Finance Committee for a one Iraqi banks to transfer amounts exceed the budget of some neighboring countries, adding that dozens of front companies operating as fronts for commercial These involved the banks of smuggling currency since 2012.
The report goes back to late last June during the setback suffered by the dinar exchange rate Iraqi against the dollar after that Read more…

Asia compete Monetary Fund and the World Bank

Asia compete Monetary Fund and the World Bank

8/6/2015 0:00

Dr. Mohammed Ali Hakim
since the founding of the IMF and the World Bank during the meetings of the Bretton Woods Bretton Woods, which took place in July 1944 in the state of New Hampshire US and in the beautiful village of Bretton Woods, which lies on the edge of the mountain White, who invited him more than 178 personal finance from 44 countries was Iraq is one of two Arab countries along with Egypt, was also invited to Lebanon as an observer. The chosen representative of Iraq scheduled for the Third Committee, which discussed the issue of recognition of the international monetary currency and the mechanism of traded markets and banks account Committee approved the installation of the Iraqi dinar as one of the international currency alongside the US dollar and Read more…

Iraqi Dinar Guru opinions 8-5-15

Iraqi Dinar Guru opinions 8-5-15

8-5-2015 Newshound Guru OOTW TODAY WE SAW A GREAT PRESS RELEASE FROM KEYWORDS – AN ACTION PLAN FOR ASSIGNING VALUE TO THE IQD! Article “Financial crisis: devaluation of the Iraqi dinar is it the solution?” WHEN THEY SAY “DEVALUATION” THEY MEAN LOWERING THE FIGURE IE AMOUNT OF THE FILS -MOVING CLOSER TO THE VALUE OF A DOLLAR…IN EFFECT “LOWERING” THE NUMBER, IE, MAKING IT “DEVALUED” BUT IN EFFECT, INCREASING THE VALUE AS THE NUMBER AMOUNT/FILS OF THE DINAR ARE REDUCED. Read more…

Iraqi Dinar/US Dollar auction results 8-5-15

Iraqi Dinar/US Dollar auction results 8-5-15

Currency Auction Results
Announcement No. (3007)

Opening Offers sale and purchase of foreign currency daily three thousand and seven in the window of the Central Bank of Iraq on Wednesday, a brief summary 08.05.2015 and the results were as follows: Read more…

Iraqi Dinar exchange rate against the dollar on Wednesday 8-5-15

Iraqi Dinar exchange rate against the dollar on Wednesday 8-5-15

05-08-2015 11:57 AM

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

The collapse of banks Iraq

The collapse of banks Iraq

05-08-2015 03:44 PM

Iraq today
The Ministry of Finance warned not to reduce the ministries and government agencies spending during the second half of this year, noting the possibility of a collapse of most banks in Iraq. and between senior source in the Ministry of Finance that ‘the state budget may not be able to finance any project in the country during 2016 , in the event of ministries expenses continued in this way ‘, noting that’ the amount of the investment budget for the current year funds amounting to about 47 trillion dinars, while will fall next year to about Read more…

Iraq paid a large proportion of its debts and the postponement of Kuwait .. “interest-free”

Parliamentary Economy: Iraq paid a large proportion of its debts and the postponement of Kuwait .. “interest-free”

08/05/2015

BAGHDAD / .. Deputy Chairman of the Committee of Economy and Investment parliamentary Harith al-Harthy, Wednesday, pay a large proportion of the debt Iraq during the previous year, amounting to 39 billion dinars a timely manner, indicating that the debt take 5% of the state budget each year.

He said Al-Harthy’s “Eye Iraq News”, that “Kuwait’s decision to postpone Iraq’s debt repayment for two years, until 2017, had no benefits, and it is a gesture of goodwill from the brothers Kuwaitis”, Read more…

Finance Committee: Iraq’s imports during the first half of this year amounted to 25 trillion dinars

Finance Committee: Iraq’s imports during the first half of this year amounted to 25 trillion dinars

05/08/2015

BAGHDAD / JD / .. the parliamentary finance committee, announced that Iraq’s imports first of the year for the half amounted to about 25 trillion dinars, while the likely drop in oil prices during the second half, which means that revenue will be reduced.
A member of the committee MP Jabbar al-Abadi told / JD /: that “Iraq’s imports achieved during the first half of this year amounted to about 25 trillion dinars, while the federal budget for 2015 amounted to about 119 trillion dinars, which means that the fiscal deficit will exceed the 50 trillion dinars in the event Read more…

Iraqi Dinar Guru opinions 8-4-15

Iraqi Dinar Guru opinions 8-4-15

8-4-2015 Intel Guru Frank26 …the LAWS are very important for the security for Iraq. They satisfy the borders (taxes / tariffs) those protect the currency and the revenue stream for Dr. Shabibi. …the TARIFFS are in place TODAY [Monday]. The TAXES and TARIFFS are applied through the borders but they don’t apply to FOOD – because they need to take care of the citizens. If you want to bring a product into Iraq it’s going to cost the companies a lot of money. Those companies are pouring in because they want to be a part of the monetary reform. The only security we’re interested in is the movement of the monetary reform. The international world knows it’s coming with the taxes and tariff’s kicking in. Read more…

Iraqi Dinar/US Dollar auction results 8-4-15

Iraqi Dinar/US Dollar auction results 8-4-15

Currency Auction Results
Announcement No. (3006)

Opening Offers sale and purchase of foreign currency daily three thousand and six in the window of the Central Bank of Iraq on Tuesday to brief summary of 08.04.2015 and the results were as follows: Read more…

Iraqi Dinar exchange rate against the dollar on Tuesday 8-4-15

Iraqi Dinar exchange rate against the dollar on Tuesday 8-4-15

04-08-2015 10:42 AM

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

Lower gold recovery locally with the Iraqi dinar exchange rate

Lower gold recovery locally with the Iraqi dinar exchange rate

Tuesday 04 August 2015 07:30

Announced the appearance of Mohammed Saleh, economic adviser to Iraqi Prime Minister, that Iraq imports annually about 70 tons of gold, pointing out that the decline in gold prices in the domestic market demonstrates the strength of the Iraqi dinar. Saleh said in a statement to «life» that «abundance gold with strength of the dinar led to lower prices in the local markets, as the price of gold on the world market fell so much ». He explained that «the reasons for Read more…

Iraqi Dinar Guru opinions 8-3-15

Iraqi Dinar Guru opinions 8-3-15

8-3-2015 Newshound Guru Arthur I WOULD HAVE TO WRITE A NOVEL AS TO THE SPECIFICS WHY I HAVE THIS STRONG POSITIVE FEELING ABOUT AUGUST AND SEPTEMBER…ALL THE TELL TELL SIGNS WE HAVE ALWAYS BEEN LOOKING FOR APPEAR TO BE THERE THIS TIME. I AM NOT GONNA’ GO INTO THE INTEL I HAVE FROM 4 STATES ALL THE WAY UP TO THE AMERICAN SENATE LEVEL, TO THE 2 OR 3 CONTACTS I STILL TRUST IN THE MIDDLE EAST. EVERYONE OF THEM ARE SAYING THERE IS SOMETHING ABOUT TO HAPPEN WITH THE IQD. BEYOND INTEL THAT HAS PROVEN TO BE MOSTLY CLUELESS OVER THE YEARS…THERE ARE THE FACTS ON THE GROUND THAT WE CAN SEE AND VERIFY WITH OUR OWN EYES. BUT I ASK YOU TO LOOK AT WHAT COULD BE THE MAIN FACTOR RIGHT NOW WHICH IS THE FACT THAT THE GOI IS UP AGAINST AN EVER GROWING THREAT OF IMMINENT CIVIL WAR. I HAVE FACTUAL UNDENIABLE INTEL COMING FROM IRAQ LEADING ME TO BELIEVE WE ARE RIGHT ON THAT THRESHOLD. Read more…

Iraqi Dinar/US Dollar auction results 8-3-15

Iraqi Dinar/US Dollar auction results 8-3-15

Currency Auction Results
Announcement No. (3005)

Opening Offers sale and purchase of foreign currency daily three thousand and five window at the Central Bank of Iraq on Monday for a brief summary 08.03.2015 and the results were as follows: Read more…

The dollar and other currencies prices 8-3-15

The dollar and other currencies prices 8-3-15

09:17: 08/03/2015

Khandan – recorded US dollar and other foreign currencies prices on Monday (3 / AB / 2015) in the banking markets of the province of Kurdistan, prices listed below: Read more…

Iraqi Dinar exchange rate against the dollar on Monday 8-3-15

Iraqi Dinar exchange rate against the dollar on Monday 8-3-15

03-08-2015 11:37 AM

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

Iraqi Dinar Guru opinions 8-2-15

Iraqi Dinar Guru opinions 8-2-15

8-2-2015 Newshound Guru Kaperoni We are seeing some progress…Tariffs are in effect also taxes on electric and cell phone…And the GOI gave away power today to several provinces which to me is a bigger deal. Bond sales of about 2 trillion dinar start locally, not internationally as some reported. [You still believe we wont be in the .70 or .90 range in the next year or 2?] yes…maybe a dime by early 2017…all depends on how the economy grows and if parliament passes laws…you cannot look at a currencies value as what they need. A countries currency is a result of a countries GDP, growth, investment, etc. If the investors come, it will go up. Not the other way around. If the laws pass, and the flood gates open up, investors come in, investment comes through the Capital Account of the CBI, the dinar will rise…the counter to inflationary pressure is to raise the rate of the dinar…the more pressure, the more the cbi will raise it. When and how fast is relative to that event. Read more…