Posts Tagged ‘Iraqi Dinar’

Iraqi Dinar guru opinions 5-23-15

Iraqi Dinar guru opinions 5-23-15

5-23-2015 Newshound Guru Enorrste …the CBI NEVER intended to do an RV…we…know that the CBI would be foolish to even consider such an idea because it is financially impossible. The RV was never in the plan, ever. It was never in the cards at all! Therefore, to conclude, both the float and the introduction of the larger notes have always been in the plan. The introduction of the large notes will begin the process of bringing the street rate closer to the official rate (a good solution since the auctions are now off the table). The introduction of the large notes is imminent. It is also a part of the plan. Therefore the continuation of the plan is imminent as well. After the large notes are issued and the street rate begins to go back toward the official rate, AND, with the reduction in paper that the larger notes will effect, the completion of the plan, namely the change in the exchange rate regime, will be possible. …I am still cautiously optimistic that this could all get accomplished (start the float) before the end of the year, with the caveat that the security situation is a wild card. Read more…

Iraqi Dinar exchange rate against the dollar on Saturday 5-23-15

Iraqi Dinar exchange rate against the dollar on Saturday 5-23-15

23-05-2015 09:08 AM

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

14 banks cut dollar .. and adviser Abadi: action shows the Iraqi market ethics

14 banks cut dollar .. and adviser Abadi: action shows the Iraqi market ethics

Publishing Date: Sat, 23 May two thousand and fifteen 5:18:57 p.m.

BAGHDAD – Today’s News

The Iraqi Association of Banks, on Saturday, an initiative to reduce the cash sales to the dollar for citizens and companies from the banking, on Sunday, indicated that it will be sold for 1193 dinars to the dollar.

The association said in a statement, received “Today’s News” a copy of it, he was “in support of monetary policy of the Central Bank of Iraq and to ensure the stability of the exchange rate took the Read more…

Adviser: the issuance of 50,000 thousand dinars category does not have a negative impact on monetary policy in Iraq

Adviser to the Prime Minister: the issuance of 50,000 thousand dinars category does not have a negative impact on monetary policy in Iraq

Saturday 23 May 2015 – 12:35

He said Prime Minister adviser appearance of Mohammed Saleh exists a class of 50,000 thousand dinars currency cash in Iraq as help the country to pay cash transactions more easily, ruling out the existence of a negative impact on the country’s monetary policy and said Saleh told the Nun of news during his participation in the opening of offline spring certificate Festival place in Karbala ” The Central Bank of Iraq is responsible for the administration of payments Iraq and that the draft class of 50,000 thousand dinars is a project Read more…

Calls for the implementation of the parliamentary Finance deletion of zeros instead of issuing large categories

Calls for the implementation of the parliamentary Finance deletion of zeros instead of issuing large categories

23/05/2015

BAGHDAD / JD / .. the parliamentary finance committee demanded, the central bank is implementing a project to delete the three zeroes from the currency, rather than issuing new editions of major categories.
A member of the committee MP Abdul Qader Mohammed Omar told / JD /: “The central bank plans to issue new editions of major categories of 50 000 dinars and 100 dinars for, while the project to delete the three zeroes from the currency delayed its implementation until further notice.”
He added: Read more…

Iraqi Dinar Guru opinions 5-22-15

Iraqi Dinar Guru opinions 5-22-15

5-22-2015 Newshound Guru Mailman17 I AM GONNA STICK MY NECK OUT HERE…BUT IF…I REPEAT IF…IRAQ COMES OUT WITH A FIFTY OR ONE HUNDRED THOUSAND NOTE TO REDUCE NOTE COUNT, JUST WHAT THE HECK WILL IRAQS USE TO BUY ANYTHING UNDER 46 SIX BUCKS LET ALONE 90…ARE THEY GONNA TAKE IN ALL THE 3 ZEROES AND REPLACE THEM WITH A CURRENCY NO ONE CAN USE…NOT…THAT IS WHY THIS IS NOT AND NEVER WAS AN OPTION…EVER. THAT WOULD BE LIKE HAVING A 500 OR ONE THOUSAND BILL REPLACE ALL THE 1, 5, 10, 20, 50 AND 100 DOLLAR NOTES HERE IN THE USA. THAT IS WHY THIS RUMOR SHOULD BE PUT TO REST. JMO. Read more…

Iraqi dinar exchange rate against the dollar in Iraqi banks and markets 5-22-15

Iraqi dinar exchange rate against the dollar in Iraqi banks and markets 5-22-15

12:48 22/05/2015

US $ 1 = 1,162.7900 Iraqi dinars Read more…

Iraqi Dinar Guru opinions 5-21-15

Iraqi Dinar Guru opinions 5-21-15

5-21-2015 Intel Guru Delta Apparently the article that came out two or three weeks ago about the 50,000 and 100,000 dinar notes…a lot of people are getting confused about that. This article should make you EXCITED and ready to celebrate…give you the confirmation that we are very, very close. No doubt about it. Basically what the article is saying is the new currency that Iraq is going to come out…they will be able to trade/exchange it inside and outside of Iraq. That should make you very happy for so many reasons. …they are going to raise the value, Article 8, and lifting the 3 zeros. How are they going to do that (lifting the 3 zeros from the exchange rate?). The 25,000… 10,000…5,000…1,000… they are basically going to stay for a long, long time – until they phase them out! Read more…

Iraqi Dinar/US Dollar auction results 5-20, posted 5-21-15

Iraqi Dinar/US Dollar auction results 5-20, posted 5-21-15

Currency Auction Results Announcement No. (2954)

Opening Offers sale and purchase of foreign currency daily nine hundred and fifty-four window after two thousand in the Iraqi Central Bank on Wednesday to brief summary 05.20.2015 and the results were as follows: Read more…

Governor of the Central Bank:’re going to print the currencies of the big categories

Governor of the Central Bank:’re going to print the currencies of the big categories

21/05/2015 19:46

Tomorrow Press / BAGHDAD: The governor of the Iraqi Central Bank on the Keywords, Thursday, the central bank past the printing of large groups currencies, indicating that the aim of the project to support monetary policy. Keywords and said for “tomorrow Press,” that “the reason behind the desire of some people to deal in dollars instead of the dinar is the weakness of the Iraqi currency structure, although it from strong currencies because Read more…

Dinar exchange rate against the dollar on Thursday 5-21-2015

Dinar exchange rate against the dollar on Thursday 5-21-2015

21-05-2015 09:34 AM

Iraq today

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

Central Bank: Launch trillion dinars to banks and currency auction will reduce the volatility in the exchange rates

Central Bank: Launch trillion dinars to banks and currency auction will reduce the volatility in the exchange rates

Publishing Date: Thu, 21 May two thousand and fifteen 15:48:55

BAGHDAD – Today’s News

The central bank stressed that the decision to launch trillion dinars to the banks and the auction currency, the right step in the framework of control over dollar exchange rates and to maintain economic stability of the country, while noting that this decision is not an encroachment on the item 50 of the Budget Law pointed out that the stability of the exchange rate leads to the stability Read more…

Soon … banknotes worth 50 000 Iraqi dinars

Soon … banknotes worth 50 000 Iraqi dinars

21/05/2015

Brother – Baghdad

Said Finance Committee member Abdul Qader Mohammed The issuance of new editions of the coin fifty thousand class will be designed in accordance with the distinctive techniques by specialists to prevent the possibility of forgery.

Mohammed said that “the new currency will be launched soon in accordance with regulations and modern techniques and under the Read more…

Iraqi Dinar Guru opinions 5-20-15

Iraqi Dinar Guru opinions 5-20-15

5-20-2015 Newshound Guru Enorrste Article quote: “Iraq stands now on the brink of a deadly pit is the possibility of a storm economic disaster…” Iraq is not on the verge of bankruptcy. They have issues, but they also have options available to them. The reserves are among the highest in the world in relation to the money supply. The GOI is in control of salaries, and can adjust them downward as necessary. Oil production continues to grow. There are a lot of companies that are seriously looking into investing in Iraq in the short term (I did a google search and found plenty of them). Admittedly, there is no “quick fix.” The situation is difficult, but hardly out of control. Iraq is not going to “collapse”…It will weather the storm. Remember, growth last year was at about 9%. Just give these people some time and they will get the situation under control. No panic is called for. Read more…

Iraqi Dinar/US Dollar auction results 5-19, posted 5-20-15

Iraqi Dinar/US Dollar auction results 5-19, posted 5-20-15

Currency Auction Results Announcement No. (2953)

Opening Offers sale and purchase of foreign currency daily window nine hundred and fifty-three two thousand in the Iraqi Central Bank on Tuesday for a brief summary 05.19.2015 and the results were as follows: Read more…

Iraqi dinar exchange rate against the dollar in Iraqi banks and markets 5-20-15

Iraqi dinar exchange rate against the dollar in Iraqi banks and markets 5-20-15

09:42 05/20/2015

US $ 1 = 1,171.4300 Iraqi dinars

1 Iraqi dinars = US $ 0.0009 Read more…

Iraqi Dinar Guru opinions 5-19-15

Iraqi Dinar Guru opinions 5-19-15

5-19-2015 Newshound Guru Enorrste Article: “Iraqi Central Bank lends banks $ 5 billion at the request of Parliament” Quote: “Central Bank of Iraq has decided for the first time in its history, opening its vaults, and start lending sector and civil government banks the amount of $ 5 billion.” The plan has existed since 2007 and is still intact. Blips have occurred along the way numerous times. Saleh was arrested; Shabibi had to leave the country; Maliki was a serious setback; Turki was a fool. In addition to that, Iraq moves at a snail’s pace. HOWEVER, and this is very important, the long view is very solid. The CBI is clearly on record with a GOAL that is consistent with the character of the country. No small “blip” is going to change that, and no single event is going to change the “plan”. We saw [some] freak out with the announcement of the introduction of the larger notes (50 and 100k) only to find out that Saleh had talked about it 4 years ago, AS PART OF THE PLAN! Read more…

Iraq between its need for foreign banks and forcing it to escape procedures paid

Iraq between its need for foreign banks and forcing it to escape procedures paid

MAY 19, 2015

At a time when it decided the Iraqi Central Bank, in an unprecedented move, lending sector and civil government banks the amount of five billion dollars, the aim of the Department of Economic urgent that and enable advancement, tough measures imposed on branches of foreign banks to double their capital ten times from $ 7 million to 70 taken million dollars for each branch, and in an effort to Read more…

Daash published the new currency on residents of Mosul “dirhams golden” equivalent to $ 4

Daash published the new currency on residents of Mosul “dirhams golden” equivalent to $ 4

Posted 19/05/2015 09:00 AM

Daash organization announced, the start of a new local currency coined in the area controlled by, and confirmed in leaflets distributed in the calculation of his body near Mosul currency put into circulation and that will be, in their words, “the official currency of the State of the Islamic caliphate.”

According to the publication, the “currency of the new organization is the Islamic Golden DRAM, which would be equivalent to $ 4 and about 4.8 thousand Iraqi dinars to be one of the strongest currencies Read more…

Central Bank decides to launch an amount trillion dinars for private banks

Central Bank decides to launch an amount trillion dinars for private banks

Tuesday, May 19, 2015 15:51

BAGHDAD / Baghdadi News / .. The central bank decided on Tuesday to launch an amount trillion dinars for private banks.
A statement of the Central Bank received / Baghdadi News / copy of it, that “the Board of Directors decided to increase the share of dollar sales for banking companies and foreign transfers, and reduce the time period for the implementation of foreign remittances.”
The statement added that Read more…