Posts Tagged ‘Iraqi Dinar’

Measures to improve the Iraqi dinar currency

Measures to improve the Iraqi dinar currency

4/13/2015 0:00

The appearance of the morning: Required review dinar compared with the dollar
BAGHDAD – Farah pumice
with the central bank from making swift action to improve the value of the Iraqi dinar against the dollar, the economic expert of new proposals to make it happen on the ground.
decided the central bank to take based on the formats with the government action to stop the decline the dinar against the dollar in Read more…

Government Abadi put prosthesis solutions to the crisis of financial liquidity

Government Abadi put prosthesis solutions to the crisis of financial liquidity

13-04-2015 10:36 AM

Hit a crisis in oil prices retreat options available to the government of Iraqi Prime Minister Haider al-Abadi in spending, with a government forecast of the current year’s budget deficit of more than $ 21 billion.
In the face of worsening deficit called Abadi Iraqis to “patience” while the government is working to implement economic reforms include restructuring of many state-owned companies. The plan will Read more…

Iraqi Dinar Guru opinions 4-12-15

Iraqi Dinar Guru opinions 4-12-15

4-12-2015 Newshound Guru Mailman17 I HAVE STAYED SILENT FOR QUITE AWHILE NOW WAITING FOR THE CBI TO SHOW ME THE PROOF I NEED TO EITHER ACCEPT OR DENY THE SUPPOSED CxxP ARTICLES CONCERNING THE REMOVAL OF THE 50 DINAR NOTE AND ALSO THE NEWER NOTES OF 50 AND A HUNDRED THOUSAND. LOOK AT THE FACTS FOLKS. WE HAVE SEEN ARTICLES SAYING THE 50 NOTE WILL BE RETIRED AND A NEW 50 WILL REPLACE IT AND THE PEOPLE OF IRAQ HAVE TILL THE 30TH OF APRIL. WE ALREADY KNOW THEY HAVE NEAR ZERO DINAR INSIDE IRAQ, WHETHER IN THE PEOPLES HANDS OR BANKS FOR THAT MATTER LET ALONE THE KURDS BEING PAID IN USD. HAS ANYONE SEEN A PICTURE OF A NEW 50 DINAR NOTE? NO YOU HAVE NOT BECAUSE ITS RELEASE WILL COINCIDE WITH ALL THE OTHER SMALLS INTENDED. THEY HAVE PUT OUT A BxxxCxxP ARTICLE TO SCARE THE PEOPLE TO TURN IN THEIR LOWER DENOMS… INCLUDING THE FIFTY AND MOST LIKELY THE 250 AND 500. THE SECURITY FEATURES ON THESE 3 NOTES ARE THE SAME…PERIOD. THE 50 HAS NOTHING LESS THAN THE 250 OR THE 500. Read more…

Parliamentary expects economic decline in the dollar exchange rates during the next two days

Parliamentary expects economic decline in the dollar exchange rates during the next two days

Sunday April 12, 2015 12:02

Alsumaria News / Baghdad
Predicted Vice President of the Parliamentary Economic Commission Harith al-Harthy, Sunday, depreciation of the dollar exchange rate against the dinar during the next two days, while pointing out that some of the “mafia” in the market control and manipulate the prices according to their interests.

He said Al-Harthy said in an interview Sumerian’s News, “The Iraqi dinar exchange rate will improve against the dollar in the domestic Read more…

Iraqi Dinar Guru opinions 4-11-15

Iraqi Dinar Guru opinions 4-11-15

4-11-2015 Newshound Guru Kaperoni …earlier this week…an article…mentioned the CBI met with the Parliamentary Finance Committee. Quote: “In turn, justified the Governor of the Central Bank, according to the statement in response to queries from members of the committee not to implement the project to delete the zeros because it Aigll of paper the size of likely benefit to export more to reduce the number of categories in advance…” it is huge news…it is a quote direct from Ali al-Allaq’s mouth…Ali al-Allaq is the CBI gov…it does not get any better. here is the correct translation…”From his side the governor of the central bank explained to the members of the monetary committee why the central bank is not implementing the deletion of zeros right now because it does not lessen the quantity of banknotes preferring the larger banknotes to reduce the number!” …it is just great news! …we know they want to reduce the physical note count from 4 billion to 1 billion and Allaq says he is not doing the deletion of zeros because that does not reduce the count. Only a lop reduces the value, but not the count…so he is saying clearly…we are not going to LOP…because that does not reduce the note count. that is rock solid proof that the dinar will not LOP because it is direct from Allaq’s lips. Read more…

Iraqi dinar exchange rate against the dollar in Iraqi markets and banks 4-11

Iraqi dinar exchange rate against the dollar in Iraqi markets and banks 4-11

10:26 11/04/2015

US $ 1 = 1,162.0000 Iraqi dinars

1 Iraqi Dinar = 0.0009 US dollars Read more…

Finance: There are a number of measures taken by the government about the high dollar

Parliamentary Finance: There are a number of measures taken by the government about the high dollar

11/04/2015 11:53

Direction Press / Private
Parliamentary Finance Committee confirmed on Saturday, that the increase in the dollar exchange rate against the Iraqi dinar belonging to a number of internal and external reasons.
Committee member Abdul Qader Mohammed, in an interview with “channel direction,” said the rise in the dollar against the Iraqi dinar is due primarily to Read more…

Committee to issue fifty-categories and one hundred thousand dinars a prelude to delete the zeros

The formation of a finance committee to issue fifty-categories and one hundred thousand dinars a prelude to delete the zeros

11/04/2015

BAGHDAD / … announced the parliamentary finance committee member Masood Haider, the Sabbath, the formation of a committee to study the coins version of the categories of the fifty and one hundred thousand Iraqi dinars, stressing that these categories booting to remove zeros from the Iraqi currency in the future.

Said Haider’s “Eye Iraq News,” that “the central bank governor and the committee formed to study the subject has not been printed so far this currency,” noting that Read more…

Parliamentary Economic reveal the issuance of new currency of the type 50 and 100 000 dinars

Parliamentary Economic reveal the issuance of new currency of the type 50 and 100 000 dinars

Saturday, April 11, 2015 16:49

BAGHDAD / Baghdadi News / .. Parliamentary Economic Commission revealed on Saturday, to near the currencies of class 50 100 thousand Iraqi dinars, excluded the deletion of zeros in the coming days.

She said the parliamentary Economic Committee member Najiba Najib in an interview / Baghdadi News /, “it was agreed to issue currency of class 50 100 thousand dinars,” asserting that “the central bank issued coins of 25 000 dinars class of a new model.”
Najib added that “the project to delete the zeros from the currency Read more…

Parliamentary Finance proposes to make large cash categories

Parliamentary Finance proposes to make large cash categories

04/11/2015 (00:01 pm)

BAGHDAD / Noor Ali

MP from the Parliamentary Finance Committee, said Haitham al-Jubouri, the committee proposed the issuance of large cash categories to control inflation and to preserve the value of the dinar against the dollar, as he emphasized that the central bank is now working to develop a thorough study on the introduction of new categories.
And between a member of the parliamentary finance committee in an interview for the “long”, “The Knesset Finance has proposed issuing coins large cash denominations in order to reduce the number and maintain the value of the Iraqi dinar against the dollar,” noting that Read more…

Iraqi central government allowed banks to open outlets to sell the dollar to stop the decline of the dinar

Iraqi central government allowed banks to open outlets to sell the dollar to stop the decline of the dinar

11-04-2015 11:23 AM

The CBI has decided to take action to stop the decline of the dinar against the dollar in the local foreign exchange market, by doubling the share exchange companies in the Auction of foreign exchange, and open ports to sell the dollar in a number of government banks.
He explained that he decided to allow the government to banks, Rafidain and Rasheed and Iraqi trade, open outlets to sell the dollar for companies and small importers. The decline in Iraqi dinar Read more…

Iraqi Dinar Guru opinions 4-10-15

Iraqi Dinar Guru opinions 4-10-15

4-10-2015 Intel Guru Delta One thing that keeps coming up on Iraqi TV is that some of the money transfer companies with offices in Baghdad…are not sending dinars from city to city. For example, you have people in Baghdad who have relatives in Kurdistan. When they try to send money to their relatives…the money transfer companies are protecting the dinars and NOT sending the dinar, but sending [US] dollars. The money transfer companies are acting as if they know something is going to happen… Read more…

Parliamentary Finance calls for a loan from the International Monetary Fund to avoid crisis

Parliamentary Finance calls for a loan from the International Monetary Fund to avoid crisis

10/04/2015

BAGHDAD / .. emphasized the parliamentary finance committee member Ahmed Sarhan, on Friday, on the need to exploit Iraq’s membership in the International Monetary Sndon through the provision of a loan to cope with the financial crisis that the war against the cost of regulation Daash and lower oil prices.
A member of the committee told the “eye Iraq News”, the “necessity requires that progresses Iraq at the request of the Read more…

Erbil received (527) billion dinars within the budget of Kurdistan for the month of March

Erbil received (527) billion dinars within the budget of Kurdistan for the month of March

04/10/2015 10:55 GMT

Follow-up – and babysit – recognizes the central bank in Arbil, the Ministry of Finance of the Federal Government (527) billion dinars within the Kurdistan Region’s budget for the month of March.
He said the decision of the Finance Committee in the regional parliament Haji Mirkan Haifa, in a press statement, said that “Alaqilm for March budget, which amounts to Read more…

Iraqi Dinar Guru opinions 4-9-15

Iraqi Dinar Guru opinions 4-9-15

4-9-2015 Intel Guru Delta Basically every day in Iraq they have a FINANCIAL NEWS [segment] that is broadcast at 5pm Iraqi time. That segment is “LIVE” for about 12 hours, and…you’ve all seen the article…the Financial Committee and Abadi are meeting with the CBI. The reporter was saying that he had an interview with the Financial Committee but before he did that he did an introduction. The way that he [the reporter] said it was…it was EXPECTED for the Iraqi Dinar value to reach pretty close to a dollar within two weeks. This is a legitimate TV station — sponsored by funds allocated from the budget. For a reporter on Iraqi TV to say that is incredible. We have a team who is watching that TV news channel all the time. Read more…

Parliamentary Finance: the central bank is likely issuance of large coins

Parliamentary Finance: the central bank is likely issuance of large coins

Thursday 09 April 2015 09:38

Qurtas News / Baghdad

Parliamentary Finance Committee revealed on Thursday that the Central Bank is likely to issue a large coins in order to minimize the number, while showed that the Bank supports the merger of private banks.

Said committee member Majda al-Tamimi’s “Qurtas News” that “the Commission hosted the Central Bank officials Read more…

The government and the central bank behind the rise in the dollar rate against the dinar

Najiba Najib: The government and the central bank behind the rise in the dollar rate against the dinar

09/04/2015 10:17 GMT

Follow-up – and babysit – carried the member of the Committee on Economy and Investment MP Najiba Najib, the government and the central bank responsible for the high dollar rate against the dinar, asserting that a simple home is the only one affected by this increase.
She said Najib in a press statement on Thursday that “the local currency continues to deteriorate as a result of Read more…

Economic Adviser to Abadi speaks about the reasons for the high price of the dollar against the dinar

Economic Adviser to Abadi speaks about the reasons for the high price of the dollar against the dinar

09-04-2015 02:37 PM

Revealed the appearance of Mohammed Saleh economic adviser to Iraqi Prime Minister Haider al-Abadi, the reasons for rising US dollar against the Iraqi dinar. Saleh said that “the high selling US dollar, came for many reasons, especially with the exposure of the Iraqi dinar financial crisis,” adding that “the first reason height, is that the Read more…

Iraqi Dinar Guru opinions 4-8-15

Iraqi Dinar Guru opinions 4-8-15

4-8-2015 Newshound Guru Millionday Article quote: “Iraq’s Finance Minister Hoshyar Zebari (left) and Iraqi Central Bank’s governor Sinan Al Shabibi attend a meeting of Arab Financial Institutions yesterday in Kuwait City.” SHABIBI IS THE GOVERNOR OF CENTRAL BANK OF KUWAIT AS IT APPEARS HERE. Quote: “Iraq plans to raise $1.8bn this year by using Iraq’s Special Drawing Rights at the IMF, which would be different than an emergency loan program.” “Iraq is not bankrupt — we have plenty of assets we can use,” he said yesterday. But he also said, “We have a serious cash flow problem,” adding that Iraq’s financial squeeze was “very serious”. SO AS WE SEE THE IRAQI DECISION IS TO USE THE SDR [SPECIAL DRAWING RIGHTS]. [If Iraq is able to get major financial assistance from the IMF programs, would this now allow them to hold off the revaluation of their currency for what they may consider a more appropriate and safer time climate?] NO THIS WOULD ALLOW THEM TO MOVE FORWARD WITH DEVELOPMENT AND THE IMF TO INVEST IN THE DEVELOPMENT. [what does it mean borrow from SDR?] I THINK THAT IT MEANS TO PAIR TO THE SDR. [and pairing to the SDR would mean a rise in value of the dinar?] YES IT WOULD WITH THE CONDITION OF THE US DOLLAR AND THE FLUCTUATION OF THE US DOLLAR. Read more…

Dollar recorded a rise not seen for years in Iraq

Dollar recorded a rise not seen for years in Iraq

Date: 04/08/2015 13:38

Information / follow-up / ..
dollar exchange rate versus the Iraqi dinar, Wednesday, a remarkable increase was not recorded several years ago, while gold also recorded a rise of up to 256 dinars per weight, caliber 24.
The total exchange rate (US $ 100), Wednesday , in the markets (131 550 Iraqi dinars), while the total exchange rate of 100 Read more…