Posts Tagged ‘Iraqi Dinar’

Iraqi Dinar/US Dollar auction results for today 9-16-2024

Iraqi Dinar/US Dollar auction results for today 9-16-2024

Foreign exchange window results for Monday 9/16/2024
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Iraqi Dinar Guru opinions 9-15-2024

Iraqi Dinar Guru opinions 9-15-2024

9-15-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Mr Sammy [Iraqi bank manager friend] says we are in charge of our own money. It’s not being overseen by the US Treasury. FRANK: This is the most powerful thing I can share with you tonight…IMO when Alaq came back he told everybody there’s no more sanctions on the banks of Iraq…That means your program rate does not exist anymore. FIREFLY: Mr Sammy says they are running the new system…This new system will remain for the rest of the year…This monetary reform education phase we’re in right now will last for this whole year… Read more…

Economist: The free mass is estimated at 70 trillion dinars and can be invested electronically

Economist: The free mass is estimated at 70 trillion dinars and can be invested electronically

9-15-2024

Information/Baghdad…
Economic expert Dr. Safwan Qusay confirmed today, Sunday, the existence of about 70 trillion dinars of free money supply, pointing out the possibility of investing it through the transition to the electronic system in financial transactions.

Qusay told Al-Maalouma, “Focusing on investing in financial inclusion is accompanied by many benefits, the most prominent of which is withdrawing the free cash flow outside the banking system, which is estimated at about Read more…

Iraq trades more than two trillion dinars electronically in a month

Iraq trades more than two trillion dinars electronically in a month

2024-09-15 06:58

Shafaq News/ The Executive Director of the Iraqi Private Banks Association, Ali Tariq, revealed on Sunday the volume of electronic trading in the country during the month of August, confirming that it exceeded two trillion Iraqi dinars.

Tariq told Shafaq News Agency, “The value of electronic trading in the month of Read more…

Iraqi Dinar Guru opinions 9-14-2024

Iraqi Dinar Guru opinions 9-14-2024

9-14-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Television is talking about a historical meeting and it was all good. It was between Erbil and Baghdad. After the meeting they said all pay will be equal now, that’s saying the HCL is done. They’re saying salaries will be released Sunday. However Sunday is a big holiday for us so let’s see what happens. Read more…

Al-Sudani’s advisor: The government’s internal debt decreased by two trillion dinars

Al-Sudani’s advisor: The government’s internal debt decreased by two trillion dinars

9-14-2024

Information/Baghdad…
The Prime Minister’s Advisor for Economic Affairs, Mazhar Muhammad Salih, stated that the government’s internal debt has decreased by two trillion Iraqi dinars.
Mazhar Muhammad Salih said, “Iraq is not among the countries with external debt at the present time,” indicating that “the external public debt is less than Read more…

Iraqi Dinar Guru opinions 9-13-2024

Iraqi Dinar Guru opinions 9-13-2024

9-13-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Mr Sammy [Bank manager friend] says soon Iraq will be complete with banking reforms but not to look for new rate until by end of year… FRANK: I think right along with you because Sudani made that promise and…that was a holy solemn oath. You can’t break that…Twice he’s said this year and now he says the reform education is almost done. Read more…

Iraqi Dinar Guru opinions 9-12-2024

Iraqi Dinar Guru opinions 9-12-2024

9-12-2024 Newshound/Intel Guru Mnt Goat I am going to give you a summary…of the other issues that are…on the table. They are on the near horizon and my CBI contact has also told me these are issues that also must be resolved: Passing the Oil and Gas Law referendum, as required by their new 2005 Constitution.; Needed changes to The Investment Law No (13) of 2006 to meet the WTO requirements prior to full accession.; Institute the Pillars of Financial Reform in the Banking, Insurance and the Iraqi Stock Market. This goes hand in hand with the electronic banking effort…Iraq is going forward with the Project to Delete the Zeros and actually in the process of doing it not just talking about it again…we must stay grounded as this RV is coming to a closure and there is not much longer to wait. Read more…

Iraqi Dinar/US Dollar auction results for today 9-12-2024

Iraqi Dinar/US Dollar auction results for today 9-12-2024

Foreign exchange window results for Thursday 9/12/2024
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When will the government resort to amending the budget law? An economic expert explains

When will the government resort to amending the budget law? An economic expert explains

2024/09/12

The economic expert, Abdul Rahman Al Mashhadani, clarified the date of the government’s resort to amending the financial budget.

Al-Mashhadani told {Euphrates News} that: “Despite the decline in oil prices, Iraq does not face a problem in the 2024 budget, as 8 months of the fiscal year have Read more…

Iraqi Dinar Guru opinions 9-11-2024

Iraqi Dinar Guru opinions 9-11-2024

9-11-2024 Intel Guru Frank26 Alaq, he’s back. He got back Friday…Where’d he go? Straight to Erbil…By the way, he’s happy…He’s got pep in his step…I’d be on cloud 9 right now too because of what they are about to give you [Iraqi citizens], the purchasing power. Your economic reform is going to explode in a nuclear fashion. Your country is poised to lead the world with its new monetary reform. The beauty is the whole world knows it. And the whole world wants it badly. Read more…

Iraqi Dinar/US Dollar auction results for today 9-11-2024

Iraqi Dinar/US Dollar auction results for today 9-11-2024

Foreign currency sales window results for Wednesday 9/11/2024
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Winners and losers from the fluctuation of the dollar exchange rate against the dinar in Iraq

Winners and losers from the fluctuation of the dollar exchange rate against the dinar in Iraq

2024-09-11

Alsumaria News – Economy
Despite the long period of time since the start of the electronic platform to monitor the movement of the dollar, the exchange rates of the dinar against the US currency still experience a large disparity between the official price announced by the Central Bank, which Read more…

Iraqi Dinar Guru opinions 9-10-2024

Iraqi Dinar Guru opinions 9-10-2024

9-10-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
A big delegation including Alaq…He went to Erbil for the economic meeting. There was a closed meeting after the main meeting. We expect it was mainly about the oil and gas HCL they have been talking to us about. FRANK: This is all monetary reform education. Read more…

Iraqi Dinar/US Dollar auction results for today 9-10-2024

Iraqi Dinar/US Dollar auction results for today 9-10-2024

Foreign exchange window results for Tuesday 9/10/2024
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Iraq’s financial revenues exceed 77 trillion dinars in 7 months of 2024

Iraq’s financial revenues exceed 77 trillion dinars in 7 months of 2024

2024-09-10 02:47

Shafaq News/ The Ministry of Finance revealed on Tuesday that the size of Iraqi revenues in the federal budget during 7 months exceeded 77 trillion dinars, confirming that the oil contribution to the budget remains around 89%.

Shafaq News Agency followed the data and tables issued by the Ministry of Finance Read more…

Iraqi Dinar Guru opinions 9-9-2024

Iraqi Dinar Guru opinions 9-9-2024

9-9-2024 Newshound/Intel Guru Mnt Goat I was…told Wednesday in my conversation with my CBI contact that Baghdad now has installed the huge TV screens…They also told me that they are getting ready to broadcast the swap out of the currency video…they do not expect to conduct the swap out until late this year, after the US elections and my information tells me that January is most appropriate. Read more…

Iraqi Dinar/US Dollar auction results for for today 9-9-2024

Iraqi Dinar/US Dollar auction results for for today 9-9-2024

Foreign exchange window results for Monday 9/9/2024
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Citizen and exchange rate

Citizen and exchange rate

09/09/2024

In economics, the external value of a currency lies in the presence of a balance or surplus in the current account of the balance of payments relative to the gross domestic product, which should indicate a stable state at a minimum, not less than 4 percent annually. To achieve this goal, it is necessary to rely on a sustainable increase in the annual growth rate of the gross domestic product, provided that Read more…

Iraqi Dinar Guru opinions 9-8-2024

Iraqi Dinar Guru opinions 9-8-2024

9-8-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Sudani says we are in the final stages of the education phase on the monetary reform. I went to Mr. Sammy [Bank Manager Friend] and I said, ‘What happens next?’ He said after the monetary reform education, the lower notes will come out. But first the commercials will show them to you. He seems to think it’s the upcoming next year for some reason. FRANK: The reason why he is saying this is because he is aware that the CBI will meet with the United States Treasury at the end of this year. He may be thinking we need that meeting. IMO I strongly disagree. I still look forward to Alaq returning from New York with a new exchange rate that everyone is agreeing upon…IMO the commercials are next…because they are already produced and ready to be released. Read more…