Posts Tagged ‘Iraqi Dinar’

Iraqi Dinar Guru opinions 4-1-15

Iraqi Dinar Guru opinions 4-1-15

4-1-2015 Newshound Guru Adam Montana So, what’s the hold up on the change in rate?! Let’s start with the stability of the rate. This is one of the key factors to the CBI actually having the ability to raise it in the first place. Throughout the last dozen years, the CBI has proven beyond a doubt that they are capable of supporting whatever rate they set. Their track record is impeccable, and when they decide to raise the value of the Iraqi Dinar, there is not one power on earth that will successfully challenge their right and ability to do so. Next we have the stability of the country that owns the currency. With the recently changed leadership in Iraq, we have witnessed an amazing spurt of progress. Under Abadi’s leadership, Iraq was sprinting forward at a pace we had not seen in over 10 years! And then, suddenly…silence. It’s been my opinion over the last couple months that the HCL is the numero uno factor in raising the rate. We haven’t heard much on the HCL in the past month or so, and interestingly (or accordingly) we also haven’t heard much about the “0’s” or an increase in the “strength”of the dinar. Coincidence? I think not. Read more…

Iraqi dinar exchange rate against the dollar 4-1

Iraqi dinar exchange rate against the dollar 4-1

09:36 04/01/2015

US $ 1 = 1,164.2800 Iraqi dinars

1 Iraqi Dinar = 0.0009 US dollars Read more…

Parliamentary Finance: Central Bank assured the stability of the dollar over the next month

Parliamentary Finance: Central Bank assured the stability of the dollar over the next month

Posted, 01/04/2015 21:17

Tomorrow Press / Baghdad: Parliamentary Finance Committee confirmed Tuesday that the Iraqi Central Bank assured the stability of the dollar against the dinar during the month next April. She said committee member Majda al-Tamimi’s “Tomorrow Press”, “The recent actions of the Central Bank were not the main reason behind the rise but Read more…

Parliamentary Finance hosts Zebari to discuss the preservation of the dinar exchange rate against the dollar

Parliamentary Finance hosts Zebari to discuss the preservation of the dinar exchange rate against the dollar

Wednesday, April 1 / April 2015 13:22

[Baghdad-where]

Parliamentary Finance Committee hosted, on Wednesday, Finance Minister Hoshyar Zebari.

According to a parliamentary source familiar, told all of Iraq [where], that he “has hosted Zebari and a number of general managers in Read more…

Iraqi Dinar Guru opinions 3-31-15

Iraqi Dinar Guru opinions 3-31-15

3-31-2015 Intel Guru Frank26 SECURITY…This is extremely important topic in Iraq right now. How is possible that all of these important people are there in Iraq…if Iraq is still in a war-torn condition and dealing with “security?” Securing Iraq really started back in 2014 when the GOI and the CBI became one. Have you seen the CBI talk to you since Abadi and the governor of the CBI got together? That was a major meeting for the MR (Monetary Reform) of the IQD. Have you seen any word from the CBI since that meeting? It’s been over a week. No word yet they still meet. They are still meeting. Today…actually late last night…the GOI (finance minister) comes out and says “hey, we’ve already used 30% of the budget”. Of course they’ve used up 30% of the budget…we’re nearly ending the 1st quarter of 2015. You saw payments that were sent to the Kurdistan region. So…the Kurd’s millitary is the only ones who got paid? That is correct. Can we see the rest of the budget now? No. Why? …because in our opinion they only have 2-3 trillion dinars left. That’s it. Read more…

Parliamentary Finance outweigh the return of the stability of the dinar exchange within weeks

Parliamentary Finance outweigh the return of the stability of the dinar exchange within weeks

Published on Tuesday, 31st March / March 2015 11:26

BAGHDAD / Center Brief for the Iraqi Media Network ( IMN ) – the parliamentary finance committee, said that the Governor of the Central Bank of Iraq, told her that the exchange rate of the Iraqi dinar against the dollar will return to normal in the coming weeks.

The record of the Iraqi dinar exchange rate against the dollar decline Read more…

Kurdistan: the economic situation in the country has delayed payment of 15 trillion dinars dues region

Kurdistan: the economic situation in the country has delayed payment of 15 trillion dinars dues region

Tuesday, March 31, 2015 15:43

BAGHDAD / Baghdadi News / .. MP from the Kurdistan Alliance Masood Haider Rustam, on Tuesday, that the bad economic conditions in the country, prevented the payment of 15 trillion Iraqi dinars for the Kurdistan Regional Government.
Haider said in an interview / Baghdadi News /, that “the federal government to pay for the Kurdistan Regional Government during 2015, a sum of 15 trillion dinars Read more…

Parliamentary Finance: The government appealed against the budget

Parliamentary Finance: The government appealed against the budget with respect to the interests of the people and reduce the privileges of officials [Expanded]

Tue, March 31 / March 2015 15:52

[Baghdad-where]

Parliamentary Finance Committee announced the formation of a joint committee with the legal representative of the pleading to the Federal Court regarding the appeal lodged by the Council of Ministers regarding the items added by the House of Representatives in the fiscal budget for 2015 Act.

He said the financial decision of the parliamentary Masood Haider told all of Iraq [where] “We discussed today in the appeals made by the Council of Ministers to the Federal Court on Read more…

Iraqi Dinar Guru opinions 3-30-15

Iraqi Dinar Guru opinions 3-30-15

3-30-2015 Newshound Guru Millionday Article quote: “The Speaker of the Parliament, Salim al-Jobouri, stressed the importance to exert more efforts by the parliamentary committees to accelerate in accomplishing important laws.” [What laws do you think they are referring to?] THE FINISHING OF THE HCL — PARTIES– FEDERAL COURT ACT –TRANSFER OF POWER TO PROVINCES AND AMENDMENTS TO THE BUDGET — THAT IS ON AGENDA WITH THE NATIONAL GUARD LAW AND ALSO SOME OF THE INVESTMENT LAWS HAVE NOT BEEN PUT TO LAW — ALL OF THESE LAWS WITH AGREEMENTS WILL ALL IMPACT EACH OTHER AND IMO HAVE TO BE DONE AND PUT TO LAW TOGETHER…THEY MET ON SECOND READING ON MOST AND THEY ARE WORKING TO MOVE FORWARD… Read more…

Iraqi dinar exchange rate against the dollar 3-30

Iraqi dinar exchange rate against the dollar 3-30

09:16 03/30/2015

US $ 1 = 1,162.0500 Iraqi dinars

1 Iraqi Dinar = 0.0009 US dollars Read more…

Rising Dollar serve Iraq and activates the work of local and production sectors

Economic Adviser to the Prime Minister: Rising Dollar serve Iraq and activates the work of local and production sectors

3.30.2015 13:14

Long-Presse / Baghdad
Counting economic adviser to the Iraqi Council of Ministers, on Monday, that the rise in the dollar’s exchange rate against the dinar “serve” Iraq, through the creation of the phrase “positive” variables such as the provision of new jobs and stimulate different working local production sectors, indicating that the low price is a “support” to the importer foreign national account.
Said Abdul Hussein Al-Anbuge, said in an interview to the (long-Presse), “The foreign currency was wasted in Iraq at large, Read more…

Iraqi Dinar Guru opinions 3-29-15

Iraqi Dinar Guru opinions 3-29-15

3-29-2015 Newshound Guru Tlar If this had been done in 2010 as Shabibi wanted to do, it would have come out at .86. 5 years later the conditions have changed. More currency reserves, a sizable amount of gold, more production, more oil reserves, less dinar, and less debt. The makings of a better stew. Had it come out in 2010 as Shabibi wanted, it would have to have increased 3x…in order to reach its potential today, hardly likely with ISIS around. I for one like the odds and am glad we are here instead of there. Read more…

Governor of the Central Bank on the Keywords in dialogue with the (long)

Governor of the Central Bank on the Keywords in dialogue with the (long)

29/03/2015 (21:01 pm)

Interviewed by Ghazanfar Laibi

Iraq  will be placed under the “black list” unless acknowledges Money Laundering Act
 the existence of Article 50 in the budget may expose Iraq’s assets abroad into custody
 We made an appeal on the materials that affect the independence of the Bank’s work

The first part

Governor of the Central Bank on the Keywords warned that Article 50 in the budget law has been Iraq’s assets and reserves abroad to risk booking, and while pointing out that capping sell the currency means that the government robbed the bank tool exercised through Read more…

Iraqi Dinar Guru opinions 3-28-15

Iraqi Dinar Guru opinions 3-28-15

3-28-2015 Intel/Newshound Guru Poppy3 [what are the odds in your opinion that the rv would happen before the end of the 1st quarter so all promises Abadi has made can be retroactive to January 1st. I understand that will not be the case if rv after 1st qtr ends?] I KNOW FROM SOURCES HE IS DOING EVERYTHING WITHIN HIS POWER TO MAKE IT HAPPEN. I WILL ALSO REPEAT WHAT THE BEST IN THE KNOW SOURCE IN THE USA STATED — HE SAID THEY ARE IN THE FINAL STAGE OF FINANCIAL REFORM AND WILL NOT STOP TILL THEY GET THERE REGARDLESS OF ISIS, DAASH…ETC. HE ALSO SAID ENDING A QUARTER OR HOLIDAY OR RELIGIOUS DAY ETC WILL NOT HAVE EFFECT…THAT WHEN THEY COMPLETE THEIR STEPS THEY WILL THAT DAY RELEASE THE RATE. PERIOD. THAT SAYS IT ALL TO ME AND I AM ENCOURAGED AND VERY RELAXED THAT THE END IS NEAR TO US. HEARING THEY WILL NOT STOP TILL WE ARE PAID SOUNDS LIKE THE BEST NEWS WE COULD HEAR. NO NEED TO WASTE TIME TRYING TO FIGURE IF THIS OR THAT IS THE HOLDUP BECAUSE NO ONE THING IS AND ONLY THEY KNOW THE STEPS STILL NEEDED. Read more…

Iraqi dinar exchange rate against the dollar

Iraqi dinar exchange rate against the dollar

10:09 28/03/2015

US $ 1 = 1,161.6400 Iraqi dinars

1 Iraqi Dinar = 0.0009 US dollars Read more…

Parliamentary Finance: we can constitutionally adjusted budget law

Parliamentary Finance: we can constitutionally adjusted budget law

3/28/2015 1:18

Central challenged paragraph determine the dollar sales ceiling
BAGHDAD – Shaima Rashid
described the Parliamentary Finance Committee, was stabbed in parts of the private central bank of the General Budget Law as “unreasonable,” saying possess the constitutional right to transfers between the doors of the budget and reduced.
The central bank introduced an appeal to the Federal Court paragraph 50 of the budget bill for the current year 2015, which Read more…

Iraqi Dinar Guru opinions 3-27-15

Iraqi Dinar Guru opinions 3-27-15

3-27-2015 Newshound Guru Millionday Article quote: “The national working to convene an international conference on Iraq, with the participation of a large number of countries, in order to promote a new strategy for the region and the development of international cooperation among the participating countries the conference.” THIS IS NOT JUST ABOUT THE MILITARY ACTION…THEY ALSO ARE GOING TO BE ADDRESSING THE ECONOMIC HUBS OUT OF THE CRISIS — [COULD THIS BE PART OF THE NATIONAL RECONCILIATION MEETING?] YES THIS COULD… [what is that National reconciliation meeting?] IT IS THE ADDRESS OF THE NATIONAL RECONCILIATION DOCUMENT AS IT WILL BE PRESENTED TO THE GLOBAL ENTITIES THAT ATTEND — IT IS A WRITTEN DOCUMENT OF THE NEW IRAQ AND THE SIGNATURES THAT HAVE BEEN GIVEN IN AGREEMENT FOR PEACE AND PLANS ACCORDING TO WHERE IRAQ`S FUTURE LIES. Read more…

Citizens complain about rising prices and stress: the dollar confounded the Iraqi market

Citizens complain about rising prices and stress: the dollar confounded the Iraqi market

3.27.2015 14:57

Long-Presse / Baghdad
Iraqi citizens complained, on Friday, rising prices of materials and goods in the Iraqi market, and demanded that the Iraqi government with the support and follow-up and determine the prices of goods in the Iraqi market, confirmed that the instability of the dollar was behind the confusion of the Iraqi market.
A spokesman Mandalawi one working in the sale of hard currency Read more…

Iraqi Dinar Guru opinions 3-26-15

Iraqi Dinar Guru opinions 3-26-15

3-26-2015 Newshound Guru Millionday Article quote: “…economic Academic Dr. Majid Baidhani to accept a large audience of traders stock in the stock market on the acquisition of government bonds by the Ministry of Finance plans to launch soon.” WE HAVE SEEN IN MANY REPORTS — BONDS BEING LAUNCHED SOON — THEY ARE REPORTING THEY ONLY NEED ONE MORE CREDIT RATING…THERE ARE THREE… “Fitch, Moody’s and Standard & Poor’s” IS THE LAST OF THE THREE TO REPORT THE CREDIT RATING FOR IRAQ — THEY NEED THE THIRD AND ARE STATING HERE THAT THIS WILL ALLOW INVESTMENT COMPANIES AND ALSO ACCESS TO CAPITAL MARKETS — THAT IS CURRENCY MARKETS… THESE ARE GLOBAL/INTERNATIONAL BONDS — THEY REQUIRE THE MOVE TO A TRADABLE CURRENCY. WHOOOPOW! Read more…

Iraqi Dinar Guru opinions 3-25-15

Iraqi Dinar Guru opinions 3-25-15

3-25-2015 Newshound Guru Millionday “…the decline in oil prices to unprecedented levels form a major challenge for the government and ministries of the state in the implementation of its development, noting the current financial crisis will be gone within the next few days…” THE ECONOMIC CRISIS — WILL BE GONE IN THE NEXT FEW DAYS! NOW THAT WE LIKE. THEY PLAN TO RESCUE THE NATIONAL ECONOMY AND NO OIL PRICE OR TERRORISM WILL STAND IN THE WAY OF THE PROGRAM FOR THE ECONOMIC RESCUE — WHOOOPOW. [COULD THAT MEAN AN RV?] THAT COULD INCLUDE THE ECONOMIC REALITY FOR THE MARKET ECONOMY THEY HAVE AS A GOAL… Read more…