Posts Tagged ‘Iraqi Dinar’

A proposal to the government: give the employees’ salaries in dollars to resolve a deadlock height

A proposal to the government: give the employees’ salaries in dollars to resolve a deadlock height

06/16/2015

BAGHDAD / JD / .. put one government officials a proposal to the government includes the provision of employees’ salaries in dollars, so as to resolve the crisis, rising against the Iraqi dinar.
The employee said Saad Salman on the page (the National Union of Iraqi employees) on the social networking site (Facebook), seen by Agency / JD /: that the only solution to the crisis of rising foreign exchange rates, to give the employees’ salaries in dollars without Read more…

Finance held an emergency meeting Sunday to discuss the rise in the dollar against the dinar

Parliamentary Finance held an emergency meeting Sunday to discuss the rise in the dollar against the dinar

06/16/2015 five forty-nine p.m.

[Baghdad-where]
revealed the parliamentary finance committee member Husam punitive for an emergency meeting of the committee on Sunday to remedy the crisis of rising dollar against the Iraqi dinar.
He said punitive in a statement received by the agency all of Iraq [where] a copy of it, that “the parliamentary finance committee will hold an emergency meeting on Sunday in order to remedy the sudden rise of the dollar against the Iraqi dinar.”
He noted that Read more…

A government source reveals to take action to reduce the dollar exchange rate against the dinar

A government source reveals to take action to reduce the dollar exchange rate against the dinar

16/06/2015 14:23 GMT

Follow-up – and babysit – revealed a government source, Tuesday, to take “several” measures to reduce the price of the dollar against the Iraqi dinar, as he pointed to the existence of speculations made ​​by some led to the creation of a state of confusion in the market and raise the price of the dollar is “inadvertent.”
The source said that he was “taken several measures to reduce the price of the dollar against the Iraqi dinar,” noting that Read more…

It charges the central bank to stand behind the rise in the dollar and the latter denies

It charges the central bank to stand behind the rise in the dollar and the latter denies and vows to speculators

16-06-2015 10:42 AM

Finance Committee promised in the Iraqi Council of Representatives yesterday that many of the question marks are raised on the outcome of the Iraqi Central Bank action to stop the deterioration of the value of the dinar against the dollar, while the economic and investment commission parliamentary felt that many of the economic crisis solution is to amend that law Bank so as to ensure its independence from the government, and carry Bankers Read more…

Iraqi Dinar Guru opinions 6-15-15

Iraqi Dinar Guru opinions 6-15-15

6-15-2015 Newshound Guru Breitling I remember my business partner telling me about the Iraqi dinar. And asking what do you think? I said let me take a look…I need to look at how much currency they have out there and what are they doing. If they are adding MORE then we don’t want to touch it. And guess what they were doing? Adding More. But normally I wouldn’t touch it but I found a report talking about the IMF saying the dinar was listed at a tenth of a penny (just like it is now) but was actually worth 4 cents per dinar. And oh my god that was a big deal…we bought tons of dinar…just at the idea that it would come in at 4 cents… Read more…

Iraqi Dinar/US Dollar auction results 6-14, posted 6-15-15

Iraqi Dinar/US Dollar auction results 6-14, posted 6-15-15

Currency Auction Results Announcement No. (2971)

Opening Offers sale and purchase of foreign currency daily nine hundred and seventy one window and two thousand in the Central Bank of Iraq on Sunday, the day on 06.14.2015 and the results were as follows: Read more…

Maliki: Iraqi Central Bank helpless in front of the dominance of mafias

Maliki: Iraqi Central Bank helpless in front of the dominance of mafias

Date: 15/06/2015 10:11

Information / Baghdad / ..
was considered a member of the Committee of Economy and parliamentary investment MP Abdul Salam al-Maliki, on Monday, the Central Bank of Iraq has become helpless in front of the dominance of mafias currency, criticizing the reluctance of the bank’s board and his inability to control the continuous rise of the dollar exchange rate.
Maliki said in a a statement received by the agency / information /, a copy of it, that “the Central Bank of Iraq has become Read more…

Delegation negotiating with international banks in Turkey for the issuance of sovereign bonds global market

Iraqi government delegation negotiating with international banks in Turkey for the issuance of sovereign bonds global market

Monday 15-06-2015 | 9:35:52

Shafaq News / The Iraqi Finance Ministry on Sunday announced the arrival of a government and a ministerial delegation to the Turkish city of Istanbul to discuss the final stages in the process of issuing sovereign government bonds in the global financial market.

According to a statement issued by the Ministry of Finance responded to Twilight News, it said the delegation included Finance Minister Hoshyar Zebari and Oil Minister Adel Abdul Mahdi and Planning Minister Salman Jumaili and Governor of the Central Bank on the Keywords and advisor to the Prime Minister for Economic Affairs appearance of Mohammed Saleh and senior Read more…

Parliamentary Economic exclude that the dollar goes back to the old price in front of the dinar

Parliamentary Economic exclude that the dollar goes back to the old price in front of the dinar

Posted, June 15, 2015 17:09

BAGHDAD / Baghdadi News / .. Committee Aaguetsadah parliamentary excluded, on Sunday, that the dollar goes back to the old price (120 000 dinars) in front of the Iraqi dinar, calling for monetary institution to take to strengthen the Iraqi dinar serious action.
Said committee member Najiba Najib in an interview with / Baghdadi News /, that he “should be removed the reasons that led to the rise of the dollar, most notably the central bank through Read more…

Iraqi dinar exchange rate against the dollar on Monday 6-15-15

Iraqi dinar exchange rate against the dollar on Monday 6-15-15

Mon, June 15, 2015 16:14

BAGHDAD / Baghdadi News / .. the Iraqi dinar exchange rate against the US dollar on Monday in Iraqi banks and markets: Read more…

Per dollar exchange rate jumps to 1,400 dinars

Per dollar exchange rate jumps to 1,400 dinars

15/06/2015 3:01 p.m.

[Baghdad-where]
local markets witnessed high exchange rates of the US dollar against the Iraqi dinar to 1,400 dinars to the dollar, that is equal to the percent of $ 140 000 dinars.
The official exchange rate of the Central Bank of Iraq in 1166 dinars per dollar, meaning it has risen from the official price 234 dinars, an increase of 20%.
attribute specialists and economists this increase to the dollar Read more…

Dollar rises to highest price since 10 years

Dollar rises to highest price since 10 years

15-06-2015 04:37 PM

Record dollar exchange rate set a record by a few in exchange offices in Sulaimaniya, to hit the exchange rate of $ 100 US 142 000 dinars, while the exchange 100 euros price rose to 159 000 dinars.
, where the owner of a single banking offices in Sulaimanahan exchange rate of US $ 100 in Sulaimaniya price reached shortly Read more…

Iraqi Dinar Guru opinions 6-14-15

Iraqi Dinar Guru opinions 6-14-15

6-14-2015 Newshound/Intel Guru BGG Ok – so stop and think about this for a sec…Iraq’s 2015 Budget was roughly 119 Trillion IQD…today is June 13th – almost EXACTLY half way thru the year…the other day they went public with their “true deficit” as 30% the budget… (of 119 T) – in other words more like 40+ Trillion IQD (40 Billion USD). I have been saying this – right? The deficit was waaaay more than 25 Trillion (IQD). So 50% of their budget and remaining year is likely GONE…surely they have spent the full budget allocation during the first half of the year…so they probably have only 20% of their budget left (of 119T IQD) to cover 50% of the remaining year…at a current rate of a bit over 10T IQD per month… they have a tiny bit over 2 months before they run out of money completely. So where does it come from? Has no one bothered to read the fine print on the loan articles? They aren’t even close – and if they were, the loans were for like 833 mil… 9 mil… 5 bil (if they GET a credit rating and their bond issues sell… lots of “if’s”)… and not until past June.. Read more…

Iraqi Dinar exchange rate against the dollar on Sunday 6-14-15

Iraqi Dinar exchange rate against the dollar on Sunday 6-14-15

14-06-2015 05:11 PM

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

Who controls the dollar prices ?!

Who controls the dollar prices ?!

14/06/2015 0:00

Author: Yasser incumbent

Are attempts and measures succeed in stabilizing the exchange rates of the dollar and that controls determine exchange rates ?! This is what will answer him this conversation with one of the friends.
Tell me Iraqi businessman resident between Erbil and Turkey met him in his office in Arbil during a short visit to Kurdistan last week – about the reasons for the fluctuation dollar exchange rates against the dinar and the controlling force in identified, is supposed to play a theory supply and demand their role is recognized but identified gaps was able to control.
I go my friend Mr. Jaafar as the situation which recently acquired from the truncated 8 percent from the Deposit tax and Alcomerk had exploited by cashiers contributed to a deepening crisis upward, as well as Read more…

Iraqi Dinar Guru opinions 6-13-15

Iraqi Dinar Guru opinions 6-13-15

6-13-2015 Newshound/Intel Guru Randy Koonce I am writing this note to calm the people who are having trouble understanding what happen with the Sterling stuff and if you have been scammed or not… Is the Iraq money good? Yes it is unless you have sadam hussiens face on the bills. Why did the FBI raid Sterling… I read the doc and the charges they are all on BUSINESS PRACTICE NOT THE BILLS… I have not seen any bills that Sterling sold that was bad…and unless you have Sadam Hussein face on a bill then you will be ok…The FBI said in a statement that it was not going to RV…No they did not they were quoting a partner who at the time did not care because they were making lots of money…Why did GID and others get shut down… because they were partners to Sterling. What does this mean to me… It means you are ok if you are holding dinar and as soon as Barzani gets enough pressure on Obama to be paid you will see the RV…We are close. Every large bank will exchange. RELAX the RV is coming… Barzani is the Person that has to be paid… and Iraq nor the US can do this without Money and the only way for that is RV… Read more…

Iraqi Dinar exchange rate against the dollar on Saturday 6-13-15

Iraqi Dinar exchange rate against the dollar on Saturday 6-13-15

13-06-2015 04:43 PM

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

Governor of the Central Bank: borrowing from the International Monetary Fund to “reduce the budget deficit” and the Iraqi Reserve safely

Governor of the Central Bank: borrowing from the International Monetary Fund to “reduce the budget deficit” and the Iraqi Reserve safely

06/13/2015 11:44 GMT

Follow-up – and babysit – The governor of the Iraqi Central Bank on the Keywords, that Iraq borrow from the International Monetary Fund is to support the state budget and reduce the deficit.
Keywords and said, “The amount that is expected by the International Monetary Fund and present it to the Iraq of borrowing door requires, among other issues Iraq must be submitted to facilitate access to such loans, similar to other countries to demonstrate that the country spends fiscal and monetary and economic real reforms encourage the International Monetary Fund to be The granting of the feasibility “of those loans.

He pointed out that “Iraq for the international loan will strengthen the financial position in the credit score meaning Read more…

Iraqi Dinar Guru opinions 6-12-15

Iraqi Dinar Guru opinions 6-12-15

6-12-2015 Newshound Guru Enorrste Article quote: “Economic Adviser to the Prime Minister called on the appearance of Mohammed Saleh, to adjust the exchange rate by the central bank.” As I see this Saleh is advocating…for the CBI to go ahead NOW and move to a floating currency. Once the official rate is the same as the street rate, then the demand for dollars becomes meaningless, right? If I have to pay a commission to someone to buy dollars when my dinars are going to go up and down just as the dollar does, why would I do that? I wouldn’t. Remember, what happens WITHIN a country is different than what is happening OUTSIDE the country. We know that with our own currency: it goes up and down outside the country, but is still “just a dollar” at home. The same will happen with the dinar: it will be “just a dinar” and no “difference” inside the country between it and a dollar will matter. Once the incentive to buy dollars is removed by changing the exchange rate regime, then the fire to abandon dinars in favor of dollars will go out. At that point, market forces will come into play and the dinar will rise in value…once it is set free natural market forces will show that it is actually STRONGER than the dollar. This won’t take long, either, because if they change the exchange rate regime then that means that OTHER people besides locals will have access to the currency. This includes speculators. Read more…

Central: Bank reserves reached $ 65 billion

Central: Bank reserves reached $ 65 billion

06/12/2015 21:02

Ratio that take into consideration the issue of the reserve which is the international standard used, and Iraq is still a high rate.

BAGHDAD / obelisk said Governor of the Central Bank and the Agency on the Keywords, on Friday, the central bank reserves reached more than $ 65 billion, pointing out that the value of the reserve currency Read more…