Posts Tagged ‘Iraqi Dinar’

Experts call to finance the budget deficit by reducing the rate of the dinar

Experts call to finance the budget deficit by reducing the rate of the dinar

05/19/2015 (00:01 pm)

Baghdad / al-Suhail Ahmed

Called for an economist to reconsider monetary policy especially with regard to auction currency under the shadow of the current conditions of the different dollar exchange rates, the fixed exchange rate under the auction price parallel exchange market, and while noting the weakness of the regulatory agencies in the follow-up dollar sales and punctuated of money laundering and smuggling, he noted that one of the available solutions is to reduce the rate of the Iraqi dinar against the dollar.

The economist said Read more…

Citizens are afraid to enter large cash categories and experts they consider a new achievement

Citizens are afraid to enter large cash categories and experts they consider a new achievement

05/19/2015

Dinars / Abbas Al passengers /..rpma Iraqi government’s progress in some cases, the steps have not only benefited a class or a specific segment of Iraqi society, while the ordinary citizen is affected first and last of those steps that Ataud benefit him.
Iraqi street was trading days since the news that the Ministry of Finance, represented by the Central Bank will issue a new currency from the category of “50” thousand dinars and then followed after issuing another currency of a larger category of a “100” thousand Iraqi dinars.
The moves Read more…

Dinar exchange rate against the dollar on Tuesday 5-19-2015

Dinar exchange rate against the dollar on Tuesday 5-19-2015

19/05/2015 11:29 GMT

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

Iraqi Dinar Guru opinions 5-18-15

Iraqi Dinar Guru opinions 5-18-15

5-18-2015 Newshound Guru wmawhite …the CBI has told us that the note count has continued to be reduced. And why reduce the note count? It is like any other commodity on the market…when there is less of something that is needed by the consumer…it becomes more valuable. It is easy to confuse subjects: currency on the street with the eventual increase in the value of the IQD outside of Iraq. …when we see articles about the currency, amount of currency, with zeros, without zeros…this is about what notes the citizens will have in hand. They are not speaking about the international exchange rate of the IQD. However, those subjects are influenced by the eventual increase in the value of the IQD…for example, how does a IQD notes become more value to a citizen in Baghdad? Not just because someone says it is…instead, by it buying more. And how does that happen? By it becoming more value outside of Iraq…where the Iraqis purchase 90% of their goods. Read more…

Iraqi Dinar/US Dollar auction results 5-17, posted 5-18-2015

Iraqi Dinar/US Dollar auction results 5-17, posted 5-18-2015

Currency Auction Results Announcement No. (2951)

Opening Offers sale and purchase of foreign currency and one of the daily nine hundred and fifty two thousand window at the Central Bank of Iraq on Sunday, the day on 17.05.2015 and the results were as follows: Read more…

Print large currency to strengthen the Iraqi dinar

Print large currency to strengthen the Iraqi dinar

05/18/2015

Parliamentary Finance Committee announced, Monday, that the central bank in the process of strengthening of the dinar by printing large local financial currencies. Said committee member Majda al-Tamimi, “that” the reasons for the weakness of the Iraqi dinar against the dollar due to the size of the money supply and the difference great price, “pointing out that” the past years there was a project to strengthen the dinar and repaired by deleting three zeros from the Iraqi currency but has been postponed. “She explained Read more…

Dinar exchange rate against the dollar on Monday 5-18-2015

Dinar exchange rate against the dollar on Monday 5-18-2015

18-05-2015 10:00 AM

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

Iraqi Dinar Guru opinions 5-17-15

Iraqi Dinar Guru opinions 5-17-15

5-17-2015 Newshound Guru Millionday Article quotes: “Rafidain Bank announced on Saturday the launch of MasterCard exchange service for the salaries of retirees who are outside the country.” THEY HAVE ANNOUNCED THE LAUNCH AND THIS IS FOR OUT OF IRAQ AND WITHIN IRAQ — TO BE USED IN ATMS. [What about a rate?] THE REPORT TELLS US THAT IF THE PERSON THAT HOLDS THE MASTER CARD GOES TO THE ATM — THEY WILL RECEIVE THE AMOUNT OF THE COUNTRY THEY ARE IN SO IT WILL BE WHATEVER THE EQUAL AMOUNT IS. [any timeframe yet on activation?] THE BANK HAS STATED THEY HAVE LAUNCHED THE MASTERCARDS SO WHEN THEY ARE ACTIVE HAS NOT BEEN STATED OR IT COULD MEAN THE SAME. Read more…

Dinar exchange rate against the dollar on Sunday 5-17-2015

Dinar exchange rate against the dollar on Sunday 5-17-2015

17-05-2015 08:59 AM

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

Finance: government bears the responsibility to raise the dollar because of the fees imposed on merchants

Parliamentary Finance: government bears the responsibility to raise the dollar because of the fees imposed on merchants

May 17, 2015 9:41

The parliamentary finance committee carried, government has a responsibility to raise the dollar’s exchange rate against the dinar because of the fees imposed on remittance traders by 8%, while the likely stability of the dollar exchange rate at 1300 dinars to the dollar.

A member of the committee MP Jabbar al-Abadi told I followed news agency Buratha today that “the Central Bank is in charge of Read more…

Central: Print thousand paper of class 25 000 dinars at a cost not to exceed US $ 60

Central: Print thousand paper of class 25 000 dinars at a cost not to exceed US $ 60

Sunday, May 17, 2015 16:55

BAGHDAD / Baghdadi News / .. revealed the Central Bank of Iraq, on Sunday, for the cost of coins to the category of 25 000 dinars, noting that the cost of printing and paper thousand of which does not exceed the (60) dollars.
The director of the version in the bank Ahsan Yasiri in a statement received / Baghdadi News /, a copy of the Iraqi “central prints thousand paper of class 25 000 dinars Read more…

Banking companies claim not to exploit the economic situation to win

Banking companies claim not to exploit the economic situation to win

5/17/2015 0:00

BAGHDAD – Mustafa al-Hashimi
called for economic researcher Maha Ihsan thanked banking companies and financial conversion to show more humanity towards the public and not to exploit the situation which is going through the country and profit from the crisis when the sale of hard currency.
She thanked in a statement the “morning” that a number of owners of banking companies Financial and conversion were exploiting the Read more…

Iraqi Dinar Guru opinions 5-16-15

Iraqi Dinar Guru opinions 5-16-15

5-16-2015 Newshound Guru Breitling Let’s talk about the 50k and the 100K note. Here’s the reality…this was talked about 3 or 4 years ago so much. Back in those days they hadn’t started getting rid of the notes out of the market yet. So if they came out with a 50K note that would have meant they were ADDING note to the market and it wasn’t going to revalue if they added those note but NOW they are getting rid of the notes. What is different now? The articles are saying they are being used in conjunction to reduce the note count itself. They are reducing the note count but the pace is completely different. Will it put a ceiling on what you and I can make? Yes it will…what is that ceiling? I don’t know. Read more…

Specialists describe the central bank cut the rate of the dinar to the bitter treatment

Specialists describe the central bank cut the rate of the dinar to the bitter treatment

16/05/2015

BAGHDAD / JD / .. A number of experts and specialists in the financial and economic affairs, said the central bank has taken several measures to reduce the federal budget for the 2015 deficit, which exceeded the rate of more than 40%, including reducing the dinar exchange rate against the dollar, noting during their talk Agency / JD / that the reduction rate of the dinar against the dollar is a cure, but over because it will raise Read more…

Dinar exchange rate against the dollar on Saturday 5-16-2015

Dinar exchange rate against the dollar on Saturday 5-16-2015

16/05/2015 08:36 GMT

Follow-up – and babysit –
Iraqi dinar exchange rate against the US dollar in Iraqi banks and markets: Read more…

Central bank: our sales to banks up to the tenth of May amounted to more than $ 11 billion

Central bank: our sales to banks up to the tenth of May amounted to more than $ 11 billion

16/05/2015 10:09 GMT

Follow-up – and babysit – Central Bank of Iraq announced that sales of banks amounted to more than $ 11 billion up to the tenth of May current.
The bank said in a statement received by the news agency public opinion (and babysit) announced today that “sales of the dollar banks reached since the beginning of this year and up to Read more…

Iraqi Dinar Guru opinions 5-15-15

Iraqi Dinar Guru opinions 5-15-15

5-15-2015 Newshound Guru Mailman17 WHEN IRAQ FIRST INTRODUCED THE NEW NOTES BACK IN 2003 THEY HAD 3 CATEGORIES OF COINS. 25, 50 AND 100. IF MEMORY SERVES ME THEY HAD A MAJOR THEFT OF THE 50, AND CUT THAT COIN PERIOD, OUT OF EXISTENCE, AND NOT MENTIONED IN THE LIST OF ACTUAL CURRENCY EITHER IN CIRCULATION OR NOT. LEAVING THE 25 AND 100 ON THE BOOKS BUT NOT IN CIRCULATION. BUT…THE MONEY ALLOCATED TO BACK THOSE 3 COINS AND THEIR VALUE… REPEAT…AND THEIR VALUE…WAS LEFT INTACT. DO NOT CONFUSE THE 50 DINAR COIN AND THE 50 DINAR NOTE. THEIR FUNDING IN THE M2 WAS SEPARATE. WITH THE INTRODUCTION OF THE SMALLS…1,5,10,MAYBE A 20 AND FILS…THE ONLY BACKING NEEDED IS FOR THE 20 AND DOWN…NOT EVEN PUTTING A DENT IN THE M2. WITH FUNDS ALREADY ALLOCATED FOR THE 3 NON CIRCULATED COINS, THEY WOULD HAVE NO PROBLEM EXCHANGING THAT VALUE FOR THE LITTLE 250 AND 500 STILL ON THE STREET…USABLE DAILY CURRENCY…ENTER THE 1-1. Read more…

Iraqi Dinar Scam Update TNT Dinar Guru Tony Renfrow Changes Plea

Iraqi Dinar Scam Update TNT Dinar Guru Tony Renfrow Changes Plea

Posted: May 14, 2015 9:07 AM PDT
Updated: May 14, 2015 11:08 AM PDT

This article was originally distributed via SproutNews. SproutNews, WorldNow and this Site make no warranties or representations in connection therewith.Individuals invested in the Iraqi Dinar currency, and/or who regularly listen to TNT Dinar guru conference calls, must be aware of this new development. TNT Tony is changing his plea regarding his 14 daily plus court case.

Tempe, United States – May 14, 2015 /PressCable/ — Read more…

Iraqi Dinar Guru opinions 5-14-15

Iraqi Dinar Guru opinions 5-14-15

5-14-2015 Newshound Guru Mailman17 FOR A 50 DINAR NOTE SUPPOSEDLY NOT IN SERVICE AS OF MAY 1ST, YOU WOULD THINK THE CBI WOULD UPDATE THEIR WEBSITE REGARDING SUCH A BOLD MOVE IN MONETARY POLICY. THE MANY FORUMS ON THIS INVESTMENT HAVE BOOTS INSIDE IRAQ YET NO ONE CAN PROVIDE A PICTURE OF THE NEW 50 SUPPOSEDLY REPLACING THE OLD ONE. THE OLD 50 IS STILL AN ACTIVE NOTE ACCORDING TO THE CBI WEBSITE. A 50,000 LET ALONE A 100,000 NOTE INTRODUCED AT 1166 DOES IRAQIS NO GOOD AT ALL, ESPECIALLY IF THEY WERE INTENDED TO DRAW IN THE REMAINING 250, 500, 1000 ECT. AT 1166 THAT WOULD MEAN YOU COULDNT BUY ANYTHING LESS THAN FORTY SOME ODD BUCKS UP TO 80 BUCKS PLUS, UNLESS YOU USE U.S. DOLLARS WHICH WE KNOW THEY ARE TRYING NOT TO DO. FLOATING THE PRICE AGAIN DOES NO GOOD IF YOU DONT HAVE SMALLER DENOMS IN PLAY SO.. Read more…

Dinar exchange rate against the dollar on Thursday 5-14-2015

Dinar exchange rate against the dollar on Thursday 5-14-2015

14-05-2015 01:11 PM

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