Posts Tagged ‘Iraqi Dinar’

Abadi adviser calls for a realistic exchange rate for the dinar

Abadi adviser calls for a realistic exchange rate for the dinar

06/27/2015 19:01

Monetary policy is working for the stability of the national currency and to address fluctuations, that the problem of Iraq today is the low price of a barrel of oil, which depends upon the country in obtaining hard currency, where we have lost more than 50% of the value of exports and foreign currency With the decline in the value of exports remained highly prized imports, Consequently, there is a deficit on current account.

BAGHDAD / Obelisk: stressed economic adviser to Prime Minister appearance of Mohammed Saleh, said Saturday the need to unify the exchange rate between the central bank and Read more…

Keywords: 70% of the bank’s sales are to cover foreign imports

Keywords: 70% of the bank’s sales are to cover foreign imports

27/06/2015 09:49 GMT

Follow-up – and babysit – Governor of the Central Bank on the Keywords reported that 70% of central bank sales are to cover foreign imports to the country, noting that the goal of the bank is to support the private sector.
Keywords and he said in a seminar Institute progress of the policies of development, attended by the correspondent of the news agency public opinion (and babysit) that “the bank aims to curb liquidity in the market so that we do not have to print more currency,” pointing out that “the exchange rate Read more…

Iraqi Dinar Guru opinions 6-26-15

Iraqi Dinar Guru opinions 6-26-15

6-26-2015 Newshound Guru Aggiedad77 Article: “The central bank’s “Tomorrow Press:” the project to delete the zeros will be applied beginning of the year 2017″ This kind of slowdown does not make much sense…but study the words carefully, I can take this article to mean that the “process” of removal of the 000’s has begun and will be completed in 2017…they have told us before it could be a 2 year process…they speak of making the Iraqi currency a competitor of foreign currency…then do it now…why wait…today makes more sense than 2 years from now…AND…don’t forget the GREEN light that the CBI was given earlier this year… Read more…

Iraqi dinar exchange rate against the dollar 6-26-2015

Iraqi dinar exchange rate against the dollar 6-26-2015

13:13 26/06/2015

Iraqi dinar exchange rate against the dollar are as follows: Read more…

Finance: The Benefits of bonds worth $ 5 billion curtail the role of speculators

A member of the parliamentary Finance: The Benefits of bonds worth $ 5 billion curtail the role of speculators

6.26.2015 eight fifty-six

[Baghdad-where]
said the parliamentary finance committee member, said the positives of the promotional tour for bonds worth $ 5 billion is to reduce the role of speculators.
And between Jabbar al-Abadi told all of Iraq [where] that “there are several benefits to these bonds in question, including the withdrawal of the Iraqi currency under the currency bloc will be in dollars, and Read more…

Iraqi Dinar Guru opinions 6-25-15

Iraqi Dinar Guru opinions 6-25-15

6-25-2015 Newshound Guru Breitling Article [The issuance of three categories of cash in 2017] there are a lot of people in panic mode saying hey are they going to push this off for another 2 years? Here’s the problem with this…they are already working on it and the indicators that they are working on it and already started are reducing the note count, retiring some of the notes and attacking the dollar within their own market…once they got started putting these projects in order and they started executing them it would take about between 2 to 3 years. So this article is consistent with that, nothing has changed…It’s one of two categories: …they are going to change the value of the currency and they start it now or they do in 2017. I say they are in the process of doing it now… Read more…

The dollar and other currencies prices

The dollar and other currencies prices

09:25: 06/25/2015

Khandan – recorded US dollar and other foreign currencies prices on Thursday, the twenty-fifth of June 2015 in the banking markets of the province of Kurdistan, prices listed below. announced (hills Abdullah) His Office (Sruchty Jinyan) banking in the banking market in the city of Sulaymaniyah in a statement to “Khandan” The US Dollar and other foreign currencies were as follows: Read more…

Iraqi Dinar exchange rate against the dollar on Thursday 6-25-15

Iraqi Dinar exchange rate against the dollar on Thursday 6-25-15

25-06-2015 11:04 AM

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

More than $ 313 million central bank sales in the auction today

More than $ 313 million central bank sales in the auction today

6.25.2015 twelve five

[Baghdad-where]
the Iraqi Central Bank sales recorded in the auction for the sale of foreign currencies on Thursday, a slight decrease in sales, reaching $ 313 million, contrary to the law of the financial budget for 2015, which defined sales at the auction, including no more than $ 75 million, or about four times the quantity specified for the bank.
The bank had sold yesterday Read more…

Iraqi Dinar Guru opinions 6-24-15

Iraqi Dinar Guru opinions 6-24-15

6-24-2015 Newshound Guru Millionday LETS TAKE ONE MORE LOOK AT THE IMPORTANCE OF A CREDIT RATING AND ITS USE FOR A COUNTRY — (MUCH DIFFERENT THAN PERSONAL AND BUSINESS) THE CREDIT RATING IS A KEY ELEMENT IN THE DECISION MAKING FOR INVESTORS WHEN DECIDING TO INVEST IN A COUNTRY—THE RISK (HIGH OR LOW) IS DESCRIBED BY THE RATING ITSELF AND ALSO THE CONFIDENCE IT BUILDS IN ITS PROCESS. Article quote: “The central bank decided to open a window at his headquarters in Baghdad to meet delegates and scholars requests abroad in dollars and the official price.” MEETINGS ARE NOT ONLY GOING ON ABOUT IRAQ`S CREDIT RATING – BUT THEY ARE ALSO MEETING ON THE OFFICIAL CURRENCY PRICE — WHHHOOOPOW. Read more…

Iraqi Dinar exchange rate against the dollar on Wednesday 6-24-15

Iraqi Dinar exchange rate against the dollar on Wednesday 6-24-15

24-06-2015 11:21 AM

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

Ask Daash gold of its own currency “Islamic dinar”

Ask Daash gold of its own currency “Islamic dinar”

Wednesday 24-06-2015 | 12:24:22

Twilight News / Daily Telegraph newspaper reported that the terrorist organization began Daash instrument of its currency by own gold from “Islamic dinar,” according to the allegations of Syrian activists yesterday evening.

Photos posted on the money that social networking sites a series of gold dinars bearing inscriptions organization has shown, with an estimated value Read more…

Central Bank sells $ 314 million, recording an increase in auction today

Central Bank sells $ 314 million, recording an increase in auction today

24/06/2015 10:57 GMT

Baghdad and babysit – CBI sales, rose in the auction for the sale of foreign currencies on Thursday and implemented on Wednesday to $ 314 million, contrary to the law of the financial budget for 2015, which defined sales at the auction, including no more than $ 75 million, four times the quantity specified Bank.
According to a statement of the bank, “public opinion” has received a copy of it, that “the amount sold size today by the bank at the Read more…

Iraqi Dinar Guru opinions 6-23-15

Iraqi Dinar Guru opinions 6-23-15

6-23-2015 Intel Guru Frank26 The governor is about to be put BACK in…Dr. S [Shabibi] is a head of the CBI…and has no intention of stopping it because he put this whole thing together in the first place…Dr. S has done a wonderful job…Security is being done. You would not want Dr. S to raise the value under the condition if the banks were not safe. Dr. S doesn’t want to endanger his banks – they’re going to be extremely important and IMO, he got the banks back that he wanted, IMO. Security within the governorship of the CBI is the next chapter IMO. …this is the meat of what’s going on right now. The substance of the governorship of the CBI. Everybody’s looking at the CBI and now it’s time to look at the leader. GOVERNORSHIP MUST NOW BE SECURED. Iraqi is getting ready for the monetary reform. The pressure is on Abadi – to give us the opportunity to bring forth the true governor of the CBI – the IMF wants this… Read more…

Iraqi Dinar exchange rate against the dollar on Tuesday 6-23-15

Iraqi Dinar exchange rate against the dollar on Tuesday 6-23-15

23-06-2015 12:44 PM

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

Committee competent implementation of Article 140 declares completed 90%

Committee competent implementation of Article 140 of the center and south of Iraq declares completed 90% of its

23/06/2015 09:18

Press direction / Salah Al-Ghazali
Competent for the implementation of Article 140 Committee, announced on Tuesday, the central and southern Iraq completed 90% of its business .
And Chairman of the relevant committee Mohammed al-Jubouri said in an interview with “direction Press” that the Commission has completed nearly 90% of its work on the applications and Read more…

Central bank sells in the auction today $ 258 million in the scope of its efforts to improve the rate of the Iraqi dinar

Central bank sells in the auction today $ 258 million in the scope of its efforts to improve the rate of the Iraqi dinar

6/23/2015 4:47 p.m.

[Baghdad-where]
the Iraqi Central Bank sales reached in the auction for the sale of foreign currencies on Tuesday, $ 258 million as opposed to the law of the financial budget for 2015, which defined sales at the auction, including no more than $ 75 million.
The central bank is trying to cope with the surge in the dollar over the past days, reaching more than Read more…

Experts are calling for the adoption of plans in the financial sector

Experts are calling for the adoption of plans in the financial sector

23/06/2015

Economists called to face the challenges and obstacles facing monetary policy in Iraq, the adoption of strategic plans contribute to the advancement of the financial sector in the country.

He said the Securities Commission Chairman Abdul-Razzaq al-Saadi said in an interview with Radio Free Iraq that the lack of consistency of monetary and fiscal policy has led to the accumulation of Read more…

Iraqi Dinar Guru opinions 6-22-15

Iraqi Dinar Guru opinions 6-22-15

6-22-2015 Newshound Guru sczin11 [Has the article about Central Bank Issuance of a New Currency been adressed yet here?] I DONT BELIEVE, OR CHOOSE NOT TO…THAT ANY OF THE TALK ON THESE NEW LARGE DENOMS, WILL HOLD WATER. I AM OF THE OPINION, THE RHETORIC HAS NOW BEEN DELAYED FOR A HALF YEAR, ENOUGH TIME FOR THE CBI TO GET THE RIGHT PEOPLE IN PLACE, BACK ON THE HORSE…AND THE NEW CBI ADMINISTRATION WILL ACTIVATE THE FINAL STEPS TO MONETARY REFORM…AND SMALL DENOMS WILL FLOOD THE NATION OF THE NEW IRAQ! Read more…

Allawi attacking Keywords: Get out of the central bank “basket quotas odious”

Allawi attacking Keywords: Get out of the central bank “basket quotas odious”

BAGHDAD – Iraq Press -22 June: 2015

Student Vice President of the Republic, Iyad Allawi, the attribution of the Iraqi Central Bank to manage personalities able to secure the stability of the currency to rid Iraq of the economy partisan quotas.

Allawi said in a statement, received / Iraq Press / copy of it on Monday, “The continued decline in the dinar exchange rate against the dollar affects almost directly in the citizen and lead to Read more…