Posts Tagged ‘Iraqi Dinar’

Mohammed Saleh: central bank intervention in the market cause a decrease rate of the dinar

The appearance of Mohammed Saleh: central bank intervention in the market cause a decrease rate of the dinar

Wednesday 08 April 2015 | 14:08

Qurtas News / Baghdad

Economic Adviser to the Prime Minister, the appearance of Mohammed Saleh, on Wednesday stressed that the central bank should work to stabilize the price of the dinar in the market, especially after dropping significantly.

Saleh said in a statement to “Qurtas News” that “can not be in accordance with the budget law binding Read more…

Finance: rising dollar and falling depends on oil sales and will take swift action for the return of stability

Parliamentary Finance: rising dollar and falling depends on oil sales and will take swift action for the return of stability

Published on Wednesday, April 8 / May 2015 eight twenty-nine

BAGHDAD / Sky Press: Izzat parliamentary finance committee, on Wednesday, the cause of the fluctuation of the exchange rate of the dinar against the dollar to decline in fiscal revenue from oil sales, while confirming that the central bank will take new measures to stabilize the return rate of the dinar against hard currencies.

A member of the committee MP Masood Haider’s “Sky Press”, “The main reason for the decline in the exchange rate of the dinar against the dollar due to Read more…

Central Bank issued Aamama banks to clarify the tax deduction rates

Central Bank issued Aamama banks to clarify the tax deduction rates

8/4/2015 0:00

BAGHDAD – Alaa al-Tai
line with government directives to facilitate the tax deduction by banks procedures and adopted developmental steps and economic reforms, issued a CBI Aamama to all Iraqi banks illustrates the mechanism and controls the tax deduction and related secretariats of customs duties and tax secretariats importers where it was decided to deduct the proportion of 5 percent private Read more…

Iraqi Dinar Guru opinions 4-7-15

Iraqi Dinar Guru opinions 4-7-15

4-7-2015 Newshound Guru Breitling Guru Roger interviews Breitling: [Tell me what’s going on with the 50 dinar notes.] It’s part of their policy to reduce the note count. This is something we’ve been watching for a long time. The most amount of notes they had was about 9 billion notes that represented 30 Trillion Dinar…1 note has 25,000 thousand dinar in it…a 25K note. They are reducing the note count…the wealth that’s represented by that note get’s crunched up into small and smaller amount of notes…that’s where the wealth is always going to come from. It always works like this…Right now the US is adding currency to it’s economy so the value of the dollar is going down. With Iraq you have to believe they are going to reduce the note count…They decided to get rid of the 50 dinar note and this reduces the note count. Read more…

Zebari: Iraq is not bankrupt and did not ask for IMF help

Zebari: Iraq is not bankrupt and did not ask for IMF help

4.7.2015 7:44 p.m.

Long-Presse / Baghdad
Finance Minister Hoshyar Zebari, said on Tuesday that Iraq “is not bankrupt,” but suffers from “severe problem” in the provision of liquidity, and as pointed out that Iraq will discuss the financial situation with the International Monetary Fund, denied that Iraq has taken a decision to request urgent help from the International Monetary Fund.
Zebari said, in his remarks on the sidelines of the annual joint meeting of Arab financial institutions held in Kuwait, and I followed the (long-Presse), said that “Iraq will Read more…

Parliamentary Finance Committee is hosting the central bank governor and his senior staff

Parliamentary Finance Committee is hosting the central bank governor and his senior staff

07/04/2015

BAGHDAD / … the parliamentary finance committee hosted, on Tuesday, led by MP Ahmad Chalabi, head of the Commission and the presence of members of the committee’s central bank governor and his senior staff to discuss the assets and net reserves of domestic credit and the net in the balance sheet of the bank and foundation money and the impact of Read more…

Parliamentary Finance: sell the dollar to the private banks will be only twice a month

Parliamentary Finance: sell the dollar to the private banks will be only twice a month

Posted, April 7, 2015 19:23

BAGHDAD / Baghdadi Uz..akdt the parliamentary finance committee, said on Monday that the dollar selling to private banks operations will be only twice per month, as pointed out that this measure is designed to eliminate money laundering operations.
The committee member said Masood Haider Rustam in an interview / Baghdadi News / “The committee hosted the governor and directors of the Central Bank to discuss the issue of money Read more…

Iraqi Dinar Guru opinions 4-6-15

Iraqi Dinar Guru opinions 4-6-15

4-6-2015 Newshound Guru sczin11 Article: “Parliamentary Finance Committee proposes to cancel the auction currency Central Bank” WHAT DO WE SEE HERE…AS SOME TRANSLATIONS HAVE STATED, THEY ARE IN FACT, HOLDING AUCTIONS? THE CBI WEBSITE SHOWS LAST AUCTION FEBRUARY 19, 2015.. CAN NOT FIND AUCTIONS ANYWHERE ELSE BEING DIVULGED…WE WERE TOLD NEW MECHANISMS…WE WERE TOLD REMITTANCES…AND NOW WE SEE, AUCTIONS, AGAIN?

4-6-2015 Intel Guru Hub i have a small tidbit…and understand this is not from me, but a contact in iraq…he is a contractor… he was informed they are going to be payed at $4.20. [did they say when?] talked like now…but again i dont know. Read more…

Iraqi dinar exchange rate against the dollar 4-6

Iraqi dinar exchange rate against the dollar 4-6

09:36 04/06/2015

US $ 1 = 1,145.4800 Iraqi dinars

1 Iraqi Dinar = 0.0009 US dollars Read more…

Kurdistan’s financial / Iraq Press /: Turkey reneged on its promise Baaqradhana $ 500 million

Kurdistan’s financial / Iraq Press /: Turkey reneged on its promise Baaqradhana $ 500 million

Erbil – Iraq Press – April 6 2015

The Ministry of Finance revealed in the Kurdistan region, on Monday, Turkey declined to grant a loan to the region of $ 500 million.

The media ministry spokesman, Ahmed Abdel Rahman, L / Iraq Press / “Turkey justified its retreat from the granting of the loan, which promised previously transferred Baghdad dues province and that did not happen because the Baghdad government has a crisis of liquidity and therefore the Ministry of Finance in Kurdistan region is not yet a budget for the year 2015 Read more…

Iraqi gold on the rise and financial parliamentary outweigh the stability of the dinar soon

Iraqi gold on the rise and financial parliamentary outweigh the stability of the dinar soon

BAGHDAD – Iraq Press – April 6 2015

Well-informed sources reported that the price of Iraqi gold rose, on Monday, to 196 000 dinars per weight difference of 1397 dinars on Sunday, noting that “the price of 21 carat gold, arrived today to 196 165 dinars after record day Yesterday 194 768 dinars lead up to 1397 dinars per Almthagal note that equals five grams of gold. ”
Separately, the parliamentary finance committee suggested, on Monday, the stability of the Iraqi dinar exchange rate against the US dollar over Read more…

Vice Kurdish: Baghdad has sent $ 45 million of the Peshmerga

Vice Kurdish: Baghdad has sent $ 45 million of the Peshmerga

06/04/2015

Roudao – Sulaimaniya, said the decision of the Finance Committee in the Iraqi Council of Representatives, the Federal Ministry of Finance will be sent to Kurdistan, on Monday, the amount of $ 455 million, has sent Baghdad 45 million dinars for the Peshmerga forces, because the amount of the sale of oil was more of 45 million dinars issued by the province Kurdistan by SOMO.

However, the deputy of the Interior Committee in the Iraqi Council of Representatives denied that Baghdad to send funds to the Read more…

Iraqi Dinar Guru opinions 4-5-15

Iraqi Dinar Guru opinions 4-5-15

4-5-2015 Intel/Newshound Guru Poppy3 [if they spent 30% of the budget and they have 75% of the year left; How will they survive?] …THEY WOULD HAVE 70% LEFT BUT THE FUNDS SET ASIDE COUPLED WITH THEIR GROWTH AND OIL SALES CASH FLOW CAN PUT THEM OVER. HOWEVER FROM CONTACT ON THE GROUND THERE, WHEN THEY WERE BUDGETING FOR THE 2015 BUDGET AND STILL TRYING TO FINISH THE 2014 BUDGET HE WAS TOLD THE BUDGET FOR 2015 WAS BASED ON $1.41 SO THEIR NEW BUDGET WHICH HAD MORE ADDED TO IT TO PAY THE LOAN ON THE 2014 BORROWED TO FINISH IT REQUIRES THEM TO RV HIGHER TO FULLY FUND THIS YEAR. Read more…

Parliamentary Finance Committee proposes to cancel the auction currency Central Bank

Parliamentary Finance Committee proposes to cancel the auction currency Central Bank

Date: 05/04/2015 12:10

Information / special / ..
the parliamentary finance committee suggested, Sunday, cancel an auction of foreign currency at the central bank, confirmed that it will lead to lower prices in front of the Iraqi dinar.
The committee member said Masood Haider told / information / “The Finance Committee submitted a proposal to cancel the auction in Central Bank, in order to reduce the foreign currency rate against the Iraqi dinar. ”
He added Haider, that “the proposal stressed Read more…

Iraqi Dinar Guru opinions 4-4-15

Iraqi Dinar Guru opinions 4-4-15

4-4-2015 Newshound Guru Millionday PER THE IMF — THERE ARE FOUR PHASES AND WE ARE AT THE LAST ACCORDING TO REPORTS AND ARE TO THE END WHICH IS — IMPLEMENTATION. SO — (FOUR PHASES) — POLICIES FINANCIAL LEGISLATION EITHER IN PLACE OR UNDER WAY (DONE) — NEXT —SETTING UP POLICIES TO DO WITH REFORMS (DONE)– NEXT — A DETAILED COUNTRY BUDGET (DONE) — NEXT — PRODUCTION OF THE NEW CURRENCY (DONE) AND THE NEXT AND FINAL —IMPLEMENTATION — WHOOOPOW. Read more…

Iraqi dinar exchange rate against the dollar 4-4

Iraqi dinar exchange rate against the dollar 4-4

09:55 04/04/2015

US $ 1 = 1,158.0400 Iraqi dinars

1 Iraqi Dinar = 0.0009 US dollars Read more…

Iraqi Dinar Guru opinions 4-3-15

Iraqi Dinar Guru opinions 4-3-15

4-3-2015 Newshound Guru Breitling Article “The month of next April will see the stability dollar against the dinar return to the normal price due to the series of steps carried out…” What’s that mean? They are manipulating the market and that’s a good thing! What they are trying to do is control the amount of US dollars that are in Iraq so it has a controlled competitive effect against the dinar…that’s exactly what they’re doing. They are moving forward. Read more…

Iraqi Dinar Guru opinions 4-2-15

Iraqi Dinar Guru opinions 4-2-15

4-2-2015 Newshound Guru Millionday Article quote: “Parliamentary Finance Committee, announced Wednesday, all hosted by Finance Minister Hoshyar Zebari, and the Governor of the Central Bank on the Keywords to discuss important financial issues concerning the country.” PARLIAMENT HAS HOSTED GOVERNOR OF CBI (NO NAME AGAIN). HERE IS THE BEST PART AND THE BEST GOAL WE COULD SEE IN OUR POSITION IMO. Quote: “The goal of hosting is to discuss the issue of the Iraqi currency and strength in the global market, as well as discuss the current financial crisis in Iraq.” SO THEY ARE HOSTING TO DISCUSS THE ISSUING OF THE CURRENCY AND ALSO THE STRENGTH IN THE >>>GLOBAL MARKET<<<WHOOOPOW! Read more…

Mohammed Saleh: only 500 people dominate the central bank to sell the currency auction

The appearance of Mohammed Saleh: only 500 people dominate the central bank to sell the currency auction

02-04-2015 03:07 PM

Economic Adviser to the Prime Minister warned the appearance of Mohammed Saleh that speculators are not the more than 500 people only dominate the central bank to sell the currency auction.
Saleh said that 500 people benefit from the presence of two prices for currency exchange, one official and the other in the market, while the government is losing in this case, because they sell cheap dollars Read more…

Economists call for a return to work and raise the auction currency Article 50 of the Budget Law

Economists call for a return to work and raise the auction currency Article 50 of the Budget Law

02/04/2015 (00:01 pm)

BAGHDAD / Amer Mohi

Called experts Central Bank economy to re-work the auction currency and put strict controls on the dollar trading movement, stressing that the central able to in previous years to maintain the value of the dinar according to good monetary policy, and with drew that determine the bank sales to $ 75 million a day led to a disruption of the relationship exchange rate between Read more…