Posts Tagged ‘Iraqi Dinar’

Iraqi dinar exchange rate against the dollar in Iraqi banks and markets 5-7-15

Iraqi dinar exchange rate against the dollar in Iraqi banks and markets 5-7-15

10:18 07/05/2015

US $ 1 = 1,153.3400 Iraqi dinars

1 Iraqi dinars = US $ 0.0009 Read more…

Economy confirms Cancel to delete the zeros and replace it with the currency of 50 thousand dinars category

Parliamentary Commission of Economy confirms Cancel to delete the zeros and replace it with the currency of 50 thousand dinars category

07-05-2015 12:29 PM

Parliamentary sources and others close to the Iraqi Central Bank, said that a government committee competent ended with a decision of new cash paper currency printing of fifty thousand dinars category ($ 42), in light of the challenges facing the Iraqi dinar and strength of the local and global market.
The member of the Committee of Economy in Parliament , Nora Albjara, in a press conference Wednesday, said a specialized committee formed from the central bank, decided to Read more…

CBI warns of annexation of the country to the list of countries with lax money laundering

CBI warns of annexation of the country to the list of countries with lax money laundering

07-05-2015 03:30 PM

In a striking position of the scene Economic Iraqi, issued strict warnings of the consequences of the continuation of money laundering and smuggling operations abroad, the financial sector, most notably invite experts in this area to involve combat financial crime with the Commission that the Iraqi parliament decided to set up, in order to gain legal force to Read more…

Iraqi Dinar guru opinions 5-6-15

Iraqi Dinar guru opinions 5-6-15

5-6-2015 Newshound Guru Kaperoni Article quote: “the issuance of more than the limit established Iraqi groups will lead to the low level of the Iraqi dinar against the dollar and other currencies as well as increased financial and economic inflation in Iraq, which is already suffering a financial and economic crisis stifling.” Of course, the Iraqis are as confused as we are…and this guy is right…if they were to print (they are not) a 50,000 dinar note and release it, it would increase the money supply, cause the dinar to depreciate in value and the result would be higher inflation. Not to mention, it would not solve any issues they have pertaining to advancing the economy and banking system. As we said many times, this would be outright stupid. Since there are so many articles on this topic, we can only assume this is some creative way to notify citizens of some pending change…but we will all have to wait and watch. Read more…

Iraqi Dinar/US Dollar auction results 5-5, posted 5-6

Iraqi Dinar/US Dollar auction results 5-5, posted 5-6

Currency Auction Results
Announcement No. (2945)

Opening Offers sale and purchase of foreign currency daily nine hundred and forty five window after two thousand in the Iraqi Central Bank on Tuesday to brief summary of 05.05.2015 and the results were as follows: Read more…

Parliamentary Finance denies Iraq withdrawal amounts of central bank reserves

Parliamentary Finance denies Iraq withdrawal amounts of central bank reserves

Date: 06/05/2015 11:04

Information / special / ..
denied by the Finance Committee in Parliament, on Wednesday, the withdrawal of the federal government amounts of central bank reserves to cover the expenses needed by the country.
A member of the committee MP Jabbar Abdul Khaliq told / information /, said that “what some of the media on the withdrawal of the Federal Government amounts of central bank reserves, under Read more…

Governor of Baghdad province and declares bankruptcy stop their projects

Governor of Baghdad province and declares bankruptcy stop their projects and not being able to pay the salaries of contract employees

06/05/2015

Dinars / Nabil Fawzi / .. declared governor of Baghdad, Ali al-Tamimi yesterday evening for the bankruptcy of the province of Baghdad formally stopped its projects as well as the inability to continue to pay the salaries of contract employees and accruals companies.
He wrote Tamimi on their profile in Facebook and I followed Agency / JD /: “that the province free of any sums of money, full stop our projects, and we can not pay contract employees the wages Read more…

Rate of exchange

Rate of exchange

5/6/2015 0:00

BAGHDAD – Al-Sabah
said the economic academic Dr. Majid Baidhani that the dinar exchange rate against the dollar will soon return from rates over a short period due to the slow recovery of oil prices Alaalmih.oukal in an interview for the “morning” that the reasons for the high price of the dollar against the dinar known but the coming period will witness Read more…

Iraqi Dinar Guru opinions 5-5-15

Iraqi Dinar Guru opinions 5-5-15

5-5-2015 Intel Guru Frank26 When Abadi went to DC…he went to see various departments. Now the articles come out supporting what Abadi asked for. Now M [Maliki] seems to be in a coma? Wasn’t that one of the things Dr. S [Shabibi] asked for…[security]? M needed to be contained to secure Dr. S security. Now articles appear to support that. Dr. S goes to see a lot of Central Bank governors…bouncing from country to country…central bank to central bank because he was given the “green-light” and the security to do what he needed to do. Dr. S had an incredible meeting with a dear friend who he associated with at the IMF & WB…(Jens). Dr. S needed “bonds” asap so Jens opened the door for him. The problem is the bonds are still showing at 1166 but they are now in “position.” When Abadi went to DC he got a lot of things and a new credit rating was one of them. As you know you need a good credit rating before you can sell bonds. The rating…it’s a sovereign rating. Jens moved a lot forward… QUICKLY for Dr. S. Iraq went up to a AAA rating! That’s what needed to happen for Article 8. They can now sell the bonds because they got their credit rating jacked-up! Read more…

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

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

09:08 05/05/2015

US $ 1 = 1,163.7200 Iraqi dinars

1 Iraqi dinars = US $ 0.0009 Read more…

Finance: Ask a coin category 50 000 dinars will increase the volume of inflation

Parliamentary Finance: Ask a coin category 50 000 dinars will increase the volume of inflation

Wrote: May 5, 2015

Confirmed in the parliamentary finance committee member, Tuesday, that the issue of Iraqi currency more than the limit will lead to the low level of the Iraqi dinar against the dollar and other currencies.
A member of the committee MP Sarhan Ahmed Sarhan said that “the issuance of Iraqi currency more than the limit will lead to the low level of the Iraqi dinar against the dollar and other currencies as Read more…

Central Bank of Iraq in the process of printing paper 50 000 dinars

Central Bank of Iraq in the process of printing paper 50 000 dinars

M P TUESDAY 0.05 MAY 2015 10:59

Twilight News of the economic and investment commission parliamentary / said that the central bank can not delete the zeros due to the unstable economic situation, as pointed out that the bank regarding the treatment of these things will be printed new financial category worth fifty thousand dinars.

The commission said a member of the Charter of Hamdi, stated Read more…

Wide acceptance for the issuance of large cash categories

Wide acceptance for the issuance of large cash categories

5/5/2015 0:00

Excluding impact on the purchasing power of
Baghdad – the joy of pumice
met project printing large cash categories by the Central Bank acclaimed by experts in the economy, Adin him part of the monetary reforms that support the country’s economy. The Governor of the Central Bank had announced during Tadhaifa by the economic and investment commission in Parliament yesterday that the bank in the process of printing new financial category value of 50 000 dinars to enhance Read more…

Iraqi Dinar Guru opinions 5-4-15

Iraqi Dinar Guru opinions 5-4-15

5-4-2015 Newshound Guru Millionday “The economic and investment commission hosted on Sunday, 05/03/2015, headed by MP Jawad al- Chairman of the Committee and the presence of Messrs members, Mr. Ali Keywords Governor of the Central Bank to discuss the monetary policy of the Bank and ways to encourage the private sector.” CBI WAS HOSTED TODAY TO DISCUSS THE MONETARY POLICY AND WAYS TO PROMOTE FOR THE COUNTRY`S PRIVATE SECTOR…THIS IS PARLIAMENT AND CBI — THIS MEETING IS SO VERY IMPORTANT BECAUSE THIS STAGE IS THE STAGE OF PROMOTION — AND THIS IS FOR THE ECONOMIC REALITY OF IRAQ — ALL ABOUT INVESTMENT AND THE PRIVATE SECTOR OF IRAQ — ALLEVIATING SUFFERING IS THE ENTIRE GOAL. THE PLAN IS ALREADY DESIGNED AND IS THE HOPE FOR IRAQ — IT IS VIEWED AS THE NEW IRAQI HOPE. THIS IS THE STAGE OF THE ACTIVATION OF THE MONETARY POLICY. HUGE NEWS AND ALSO SHOWS HUGE CONFIDENCE. Read more…

Iraqi Dinar/US Dollar auction results 5-3, posted 5-4

Iraqi Dinar/US Dollar auction results 5-3, posted 5-4

Currency Auction Results
Announcement No. (2943)

Opening Offers sale and purchase of foreign currency daily window nine hundred and forty-three after two thousand in the Central Bank of Iraq on Sunday for a brief summary 05.03.2015 and the results were as follows: Read more…

Bank can not delete the zeros will be printed class 50 000 dinars

A member of the parliamentary Balaguetsadah: Bank can not delete the zeros will be printed class 50 000 dinars

Monday 4 May 2015 11:20

Alsumaria News / Baghdad
confirmed the economic and investment commission parliamentary member of the Charter of Hamdi, Monday, that the central bank can not delete the zeros because of the economic situation is stable, as pointed out that the bank regarding the treatment of these things will be printed new financial category worth fifty thousand dinars. He said Hamdi said in a statement it issued, today, and received Alsumaria News , a copy of the “Committee for the economy and investment parliamentary hosted on Sunday, the CBI director on the Keywords, and discussed for Read more…

Finance: Dollar crisis be resolved through the amendment of the Central Bank Law

Parliamentary Finance: Dollar crisis be resolved through the amendment of the Central Bank Law

Monday 04 May 2015

Qurtas News / Baghdad
Announced the parliamentary finance committee member Majda al-Tamimi, Monday, that the solution to the dollar crisis is not until after the amendment of the Central Bank Law.

He said al-Tamimi told the “Qurtas News” that “the crisis relating to the market, especially with the rise of the dollar against the dinar as well as financial liquidity, can not be controlled, but Read more…

Iraqi dinar recent rise against the dollar

Iraqi dinar recent rise against the dollar

05/04/2015 06:57 GMT

Follow-up – and babysit – witnessing the Iraqi currency market turmoil back to the standard high for the value of the US dollar, with the central bank policies aimed to reduce the sale of the dollar in the public auction, and speculation in the dinar witnessed recently.
And it saw the dollar against the Iraqi dinar sudden rise is the highest of its kind in two years than a thousand and two hundred dinars to about three hundred thousand dinars, the cast of the new Read more…

Vice: The Central Bank can not delete the zeros

Vice: The Central Bank can not delete the zeros

05/04/2015 09:45 GMT

Follow-up – and babysit – stressed member of the economic and investment commission in Parliament, the Charter of Hamidi, said the central bank can not delete the zeros, because of the unstable economic situation, as pointed out that the bank regarding the treatment of these things will be printed new financial category worth fifty thousand dinars.
Said Hamdi in a statement issued by, seen by news agency public opinion (and babysit), said on Monday that “the economic and investment commission parliamentary hosted last Sunday, the CBI Read more…

Iraqi Dinar Guru opinions 5-3-15

Iraqi Dinar Guru opinions 5-3-15

5-3-2015 Intel Guru Delta URGENT FROM IRAQIA TV: GOV OF CBI ANNOUNCED THE COMPLETION OF THE FINAL TOUCHES TO ISSUE A NEW 50 NOTE AND THEY SAID THAT WILL REDUCE THE VOLUME OF CASH IN CIRCULATION. IMO THE RATE WILL CHANGE THIS WEEK OR NEXT WEEK THE MOST BEFORE THEY ISSUE THE NEW NOTE AND IT LOOKS THE RATE WILL BE AROUND 1.16 – 1.19 DINAR PER DOLLAR ( .85 – .86). Read more…