Posts Tagged ‘Iraqi Dinar’

The government attributes the rise in the dollar to speculators and experts assert: Central wrong deal with the crisis

The government attributes the rise in the dollar to speculators and experts assert: Central wrong deal with the crisis

03/25/2015 twelve thirty-eight

Long-Presse / Baghdad
The Iraqi government confirmed on Wednesday, and the presence of stocks reserves of hard currency and not “fear” of the Iraqi currency deterioration against the US dollar, as showed that speculators raised a state of anxiety about the bank’s reserves, the Parliamentary Finance Committee to the eye that the weakness of the financial policy of the country and control of traders Market of the main reasons that led to the rise of the dollar against the dinar. Read more…

Iraqi dinar exchange rate against the dollar

Iraqi dinar exchange rate against the dollar

13:22 25/03/2015

US $ 1 = 1,162.0500 Iraqi dinars

1 Iraqi Dinar = 0.0009 US dollars Read more…

The tasks of the central bank of the jurisdiction of the tax and customs authorities

The tasks of the central bank of the jurisdiction of the tax and customs authorities

25/03/2015

Synchronization of the national effort to mobilize the country’s financial resources and human potential in the face of the organization of the Islamic State “Daash” with the worst economic hardship experienced by Iraq for many years. It was the direct cause of the economic crisis of falling oil prices, which provides about 90 percent of the Iraqi state treasury by more than 50 percent since last June. Thus, the oil revenues that finance the activities of the state and all military service and operational aspects have lost more than half its value in less than a year.

In the face of this situation the House of Representatives approved the budget amounted to $ 105 billion. This means Read more…

Appearance Saleh warns of deterioration of the dinar and rumors denied

Appearance Saleh warns of deterioration of the dinar and rumors denied

25/03/2015 11:28 GMT

Follow-up – and babysit –
Economic Adviser to the Prime Minister warned the appearance of Mohammed Saleh, citizens and various bodies of promoting rumors that talk about the deterioration of the dinar, noting that he left Iraq cheap money policies that were in the days of the siege.

Saleh added, “We carry our national responsibility and move towards work and maximize production, which provides income, it is Read more…

Iraqi Dinar Guru opinions 3-24-15

Iraqi Dinar Guru opinions 3-24-15

3-24-2015 Intel Guru Frank26   Everything is going in the direction to add value to the IQD. They cleaned-off the 1166 rate on the spreadsheet and we were excited! [Guru] Delta told us to pay attention to the Bank of Baghdad who was making some amazing announcements. The Bank of Baghdad is literally telling the international world and the citizens of Iraq that we are going to take good care of you…we’ve got some good services for you…some good products for you, etc. All of that ain’t true. There’s no liquidity. Yes they have a new technology system but none of it is realistic until they comply with Article 8 and raise the value of their currency! Read more…

Today .. Kurdistan distributed January salaries to the staff of the region

Today .. Kurdistan distributed January salaries to the staff of the region

03/24/2015

Arbil / JD / .. Ministry of Finance announced in the Kurdistan Region for the distribution of January salaries to the staff of the region on Tuesday, after the arrival of the amount of 490 billion dinars to the treasury ministry of Baghdad.
A spokesman for the Ministry of Finance in the province of Kurdistan Ahmed Abdul Rahman in the deployment of the Patriotic Union of Kurdistan site permit, seen by Agency / BD /: that the $ 490 billion dinars, arrived yesterday Read more…

Ebadi calls for the central bank to control the Iraqi dinar exchange rate

Ebadi calls for the central bank to control the Iraqi dinar exchange rate

Posted, March 24 / March 2015 19:10

[Baghdad where]

The Prime Minister called Haider Abadi central bank to control the Iraqi dinar exchange rate against foreign currencies.

A statement by the Office of Abadi received by all of Iraq [where] a copy of the “al-Abadi, received in his office the Governor of the Central Bank on the Keywords and stressed Read more…

Iraqi Dinar Guru opinions 3-23-15

Iraqi Dinar Guru opinions 3-23-15

3-23-2015 Newshound Guru Millionday PARLIAMENT…MET TODAY [SUNDAY] AND KURDS HAVE ASKED TO HAVE SESSION MOVED TO MARCH 28TH…SHIA NEW YEAR — SHIA CELEBRATE IT ALL AROUND THE WORLD… BUT THEY WILL CONTINUE WORKING THROUGH THE WEEK AS WELL… [will they be able to vote on anything without the kurds there?] I WOULD SAY THEY WOULD NOT — BUT IT DEPENDS ON HOW MANY PEOPLE ARE THERE BY WHAT WE HAVE SEEN IN THE PAST. [do they need the kurds in house to pass an RV or can it happen when they are away…can swift action occur while they are celebrating their holiday?] CBI IS AN INDEPENDENT AND IT HAS THE POWER TO SET THE EXCHANGE RATE IN THE COUNTRY BY WHAT WE READ. Read more…

Flaming Iraqi dinar low market prices

Flaming Iraqi dinar low market prices

23/03/2015

With the low prices of the Iraqi dinar against the US dollar, has seen a marked deterioration of the Iraqi market in lower sales, where and to the extent of free wholesale market of shoppers and the stagnation of goods, especially since the Iraqi market relies on imported goods from abroad.
Over the past month, the Iraqi market has seen a gradual rise in the dollar’s exchange rate against the dinar, reached 130 thousand Read more…

Iraqi dinar exchange rate against the dollar

Iraqi dinar exchange rate against the dollar

10:47 03/23/2015

US $ 1 = 1,153.7800 Iraqi dinars

1 Iraqi Dinar = 0.0009 US dollars Read more…

Abadi emphasizes the need to develop to control the Iraqi dinar exchange rate mechanisms

Abadi emphasizes the need to develop to control the Iraqi dinar exchange rate mechanisms

Monday, 23 March 2015 18:48

Alsumaria News / Baghdad
Stressed Prime Minister Haider al-Abadi , on Monday, the need to develop to control the Iraqi dinar exchange rate mechanisms, while stressing the importance of a well-developed banking system in Iraq comparable to developed countries.

Ebadi said office said in a statement Alsumaria News received a copy of it, that the Prime Minister “, received in his office today, Governor of the Central Bank on the Keywords,” noting that “During the Read more…

Financial Kurdistan announce the arrival of the amount of 490 billion dinars to the region

Financial Kurdistan announce the arrival of the amount of 490 billion dinars to the region

Monday, March 23 / March 2015 17:43

[Follow-up where]

Ministry of Finance announced in the Kurdistan region on Monday, the arrival of the amount of 490 billion dinars to the treasury ministry of Baghdad.

According to media website of the Patriotic Union of Kurdistan spokesman for the Ministry of Finance in the province of Kurdistan Ahmed Abdul Rahman as saying that “the amount of 490 billion dinars Read more…

Iraqi Dinar Guru opinions 3-22-15

Iraqi Dinar Guru opinions 3-22-15

3-22-2015 Newshound Guru Millionday Article quote: “Zubaidi said according to the statement of Ministers to the importance of “investing in Iraq, especially in the land, sea and air transport projects to serve the common interests of our Arab”. …THEY ANNOUNCED THIS WEEK THEY ARE READY TO RECEIVE ALL THE ARAB COMPANIES TO INVEST — WHOOPOW. [would keeping the rate at 1166 give foreign countries more investing power?] NOT AT THE PRICES THEY HAVE SET — AND THE LACK OF THE ABILITY TO JOIN THE MARKET ECONOMY… TO OPEN THE DOORS TO INVEST THE COMPANIES THAT ARE INVESTING WOULD ALSO LIKE TOURISM AND ALL SECTORS TO BE OPEN — WITH NO MARKET ECONOMY THE ABILITY TO MAKE MONEY IS MINIMIZED WITH A GLOBAL ECONOMY AS WE ARE USED TO AND MANY IN THE GLOBE ARE AS WELL. Read more…

Special / 27 trillion dinars distributed salaries to employees and the state treasury empty

Special / 27 trillion dinars distributed salaries to employees and the state treasury empty

Baghdad-Iraq-Presse -22 March / March 2015

Parliamentary Finance Committee revealed, on Sunday, for the disposal of large amounts of money for the salaries of employees in government institutions month without interference to the state treasury.

Said committee member capable of Omar’s / Iraq Press / “The state treasury completely free because of all the oil revenues are distributed by about direct salaried state employees,” stressing the need “for the government to borrow from domestic and foreign Read more…

“Parliamentary Finance” calls to borrow from domestic and foreign banks to remedy the budget deficit

“Parliamentary Finance” calls to borrow from domestic and foreign banks to remedy the budget deficit

Posted, MARCH 22ST, 2015

27 trillion dinars in Iraqi markets .. and Treasury-free circular
BAGHDAD – promised Shammari:
the Finance Committee in the House of Representatives revealed, on Saturday, about the size of the national money in the Iraqi market, confirming that it was up to 27 trillion dinars, but said at the same time that the Treasury devoid of these amounts, and Read more…

Advisor to the Prime Minister: Iraq needs to protect the deposit law to fortify the country’s economy

Advisor to the Prime Minister: Iraq needs to protect the deposit law to fortify the country’s economy

03.22.2015 15:14

{Baghdad: Euphrates News} stressed economic advisor to the prime minister, the appearance of Mohammed Saleh, said that “Iraq needs a law to secure and protect deposits and depositors in banks; to be able to fortify the stability of the Iraqi economy.”
Said Saleh told {Euphrates News} that “a large group of depositors reluctant to deposit their money because of the collapse of a large group of banks or entry under the trusteeship, which calls for the Read more…

Interactions currency auction

Interactions currency auction

3/22/2015 0:00

Yasser incumbent
accounted for the Iraqi Central Bank’s decision due to adjustments in the currency auction system of interest involved and interested Overall, monetary and financial, in particular, economic affairs and caused controversy among bankers and banking led to the lifting of the exchange rate as a result of Read more…

The deterioration of the euro exchange rate of a new beginning for “currency war”

The deterioration of the euro exchange rate of a new beginning for “currency war”

Posted, March 22, 2015 20:04

BAGHDAD / follow Baghdadi News / .. indicates the deterioration of the euro exchange rate against the dollar once again to the “currency” that rotates under the central banks that want to activate its crisis-hit by currency economics of war.
The quake, which hit the financial system in 2008 and the debt crisis in Europe between 2010 and 2012 and the situation monetary institutions in the front lines, and all of them worked as a guardian of the national currency, Read more…

North Bank: liquidity crisis “General” caused “Daash” and the budget

North Bank: liquidity crisis “General” caused “Daash” and the budget

22/03/2015 (00:01 pm)

BAGHDAD / long-Presse

North Bank management confirmed that the liquidity crunch general crisis in public banks do not belong to his bank alone, and as revealed it had debts of the Ministry of Education in the amount of 100 billion dinars not yet received, drew to find some contractors to pay what discharged from loans.
He said the north bank manager Munther student in an interview to the (long-Presse), that “the liquidity crisis experienced by the public banks do not belong to his bank alone.”
He demanded, that Read more…

Iraqi Dinar Guru opinions 3-21-15

Iraqi Dinar Guru opinions 3-21-15

3-21-2015 Newshound Guru Breitling …people are saying “you’re not posting as much…if you think it’s not going to revalue or it’s going to be a little bit down the road say something.” People are starting to panic a little bit…It has nothing to do with that [Breitling’s Dad got very sick in November, spent a lot of time with him and recently passed 🙁 ] …I’m very very motivated and have more confidence in this investment more than ever…There’s nothing I’m seeing that there’s cracks in this or anything like that it’s completely the opposite…it’s [the dinar] is recognized by the IMF. Period end of story. Their definition of internationally recognized is it’s supply X velocity…how much is it used. It’s ALREADY “official” but they have to add purchasing power to it so people will use it. They can’t have a currency that’s worth a 10th of a penny and they say ‘hey you should use our currency.’ That’s not going to work… Read more…