Posts Tagged ‘Iraqi Dinar’

Parliament’s Finance / Iraq Press /: the agreement between Baghdad and Kurdistan in danger

Parliament’s Finance / Iraq Press /: the agreement between Baghdad and Kurdistan in danger

BAGHDAD – Iraq Press – February 19 2015

A member of the Finance Committee in the House of Representatives, Jabbar Abdul Khaliq, said that “the oil agreement between Baghdad and Kurdistan in danger due to the failure to reach agreement during a tour of the discussions that took place early this week, and if the situation were to continue as is Therefore, all previous understandings will be in vain. ”

The creator’s / Iraq Press / he “According to the agreement, the territory Read more…

Experts: delay salaries will be reduced purchasing power of 25% and deputies describe it as “illegal”

Experts: delay salaries will be reduced purchasing power of 25% and deputies describe it as “illegal”

Posted 19/02/2015 09:43 AM

Described in the parliamentary finance committee member, pay salaries of state employees decision every 40 days as “illegal” and affect the ordinary citizen, and stressed that the committee did not discuss the implementation of the law with the government and ruled out the implementation, an economist said that the implementation of the law will reduce the purchasing power of money by 25 % and lead to economic recession and raise Read more…

Iraqi Dinar Guru opinions 2-18-15

Iraqi Dinar Guru opinions 2-18-15

2-18-2015 Newshound Guru Millionday Article quote: “Iraqi Central Bank to invest cash reserves of hard currency through the purchase of gold, especially after the decline in gold prices in world markets over the past months, in a move it to diversify its reserves, the fact that gold is a store relatively safe for the value of the local currency, where the Council announced International gold buying CBI 48 tonnes of gold during 2014.” CBI IS DIVERSIFYING THEIR RESERVES TO INCLUDE MORE GOLD DUE TO THE DECLINE IN PRICES. THEY ARE SAYING…THAT THEY ARE USING IT TO COVER THE VALUE OF THEIR LOCAL CURRENCY AND AS A COVER FOR THE PROCESS OF REMOVING THE THREE ZEROS…TO DIVERSIFY THE ASSETS OF THE GUARANTEED VALUE…AND ALSO THAT THE US IS THE DRIVING FORCE BEHIND THIS. …IT SURE IT NICE TO SEE IT IS FOR THE PROCESS OF REMOVING THE THREE ZEROS. Read more…

Iraqi Dinar Guru opinions 2-17-15

Iraqi Dinar Guru opinions 2-17-15

2-17-2015 Newshound Guru Millionday TOMORROW NIGHT [TUESDAY] THERE IS A HUGE HUGE MEETING WITH ALL THREE PRESIDENCIES PRESENT. THEY HAVE BEEN WORKING ALOT ON THE SECURITY NEEDED FOR THE COUNTRY — WE HAVE SEEN MULTIPLE REPORTS ABOUT IT IN THE LAST WEEK –CONTRACTS, THE BANKS, AND MANY MEETINGS. …THEY ARE USING EXECUTIVE POWER TO DEAL WITH THE MURDER THAT TOOK PLACE…THE GOV IS EXPECTED TO ENSURE CONFIDENCE IN IRAQ AND ITS SAFETY FOR THE PEOPLE COMING TO THE INVESTMENT CONFERENCE AND THE MANY OTHERS COMING THERE BY INVITATION FOR MEETINGS ETC. Read more…

Barzani of Kirkuk: Baghdad told us that there is no money and we have to make sure

Barzani of Kirkuk: Baghdad told us that there is no money and we have to make sure

2/17/2015 16:10

Long-Presse / Kirkuk
The head of the Kurdistan region, Massoud Barzani, on Tuesday, that the central government informed the delegation region do not possess money, while pointing out that it needs to “make sure of it.”
Barzani said during a meeting with the governor of Kirkuk and the leaders of the Peshmerga forces in the presence of the Minister of Peshmerga Mustafa Sayid Qadir and deputy commanding general for the Peshmerga forces Rasool and attended (range Press), “The central government delegation informed the province it does not have the money.”
Barzani said that “it needs to make sure of it.” Read more…

Parliamentary Finance: Companies politicians dominate the central bank sales

Parliamentary Finance: Companies politicians dominate the central bank sales

Posted 17/02/2015 09:04 AM

Deputy accused in the parliamentary finance committee monopolistic companies belonging to the political monopoly of the bank sales of currencies, causing serious material losses for the Iraqi economy,

He said he was informed of the government to take action and compel the bank put $ 75 million ceiling for higher sales.

He said committee member capable of Mohammed, said “the central bank sales of more than need of the Iraqi market, but the scarcity of existing and the rise of the dollar against the dinar caused by Read more…

Central Bank bought gold to be used as a cover for the process of deletion of zeros from currency

Central Bank bought gold to be used as a cover for the process of deletion of zeros from currency

02/17/2015

BAGHDAD / JD / .. is heading the Iraqi Central Bank to invest cash reserves of hard currency through the purchase of gold, especially after the decline in gold prices in world markets over the past months, in a move it to diversify its reserves, the fact that gold is a store relatively safe for the value of the local currency, where the Council announced International gold buying CBI 48 tonnes of gold during 2014.
A number of experts and specialists in the financial and economic affairs central bank’s move Read more…

Government Abadi, shaking off the dust from the oil and gas law (HCL)

Government Abadi, shaking off the dust from the oil and gas law (HCL)

02/17/2015

Haider al-Abadi as government inherited challenges and tasks and projects unfinished from the previous government, the parliament, elected last year, inherited from its predecessor bills not approved during the previous legislative sessions.

At the forefront of these laws oil and gas law, which, despite the utmost importance not initiated since the preparation drafted in early 2007.

The reason for the survival of the oil and gas law frozen Read more…

Iraqi Dinar Guru opinions 2-16-15

Iraqi Dinar Guru opinions 2-16-15

2-16-2015 Newshound Guru Millionday “Finance Committee revealed in the House of Representatives for open electronic clearing system files across the banks.” THEY ARE OPENING THE ELECTRONIC CLEARING SYSTEM…THIS IS THE OPENING OF THE INTERNATIONAL BANKING SYSTEM PER COMPLIANCE AND HOW GLOBAL BANKING IS DONE AND LINKED. [32] BANKS…HAVE BEEN ISSUED AN INTERNATIONAL SWIFT CODE SYSTEM…[and] EXCHANGE FOR MONEY COMPANIES…HAVE SWIFT CODES AS WELL. THEY WILL BE CONNECTED TO MANY MANY BANKS ACROSS THE GLOBE WITH THE SWIFT SYSTEM. THIS IS SO VERY IMPORTANT FOR THE ENTIRE PROCESS OF IRAQS GLOBAL ENTRY ETC AND ALSO THE INTERNATIONAL ACCEPTANCE. EVERYONE NEEDS TO UNDERSTAND WHERE THIS PUTS IRAQ`S BANKING REFORM PROGRESS ON THE SCALE OF BEING DONE ACCORDING TO WHAT THE WORLD BANK SEES FOR ITS COMPLETION… HUGE HUGE WHOOOPOW. Read more…

Gold prices today in Iraq

Gold prices today in Iraq

02/16/2015 07:53 GMT

Follow-up – and babysit – kept gold prices in Iraq today on the rates despite record high in global markets for the metal.
The average price of a gram of gold today in Iraq, the Iraqi dinar currency as follows:

It is said that one whit of gold = 5 grams.

The price per weight 21 carat gold – which is the best-selling in the local market – according to the more than 202 000 Iraqi dinars prices. Read more…

Baghdad suffers from bankruptcy and staff salaries will be every 40 days

Baghdad suffers from bankruptcy and staff salaries will be every 40 days

16-02-2015 06:13 PM

In shocking remarks revealed president of the Kurdistan Regional Government, Nechirvan Barzani, on Monday, that the Baghdad government ‘bankrupt’ and undergoing a severe financial crisis, and it plans to pay its employees every 40 days instead of 30. Barzani and added that ‘gone to Baghdad was to find a mechanism to implement agreement between the center and the region ‘, which provides for sending the central government a month about a trillion dinars, compared to Read more…

Iraqi Dinar Guru opinions 2-15-15

Iraqi Dinar Guru opinions 2-15-15

2-15-2015 Newshound Guru Millionday Article quote: “the Kurdish delegation will arrive on Sunday to Baghdad; to supplement the discussions about the oil agreement between Baghdad and Erbil…” THEY ARE ARRIVING FROM KURDISTAN TO FINISH AGREEMENT FOR THE HCL — REMEMBER THAT ORDERS TO HAVE THIS LAW AND ALL LAWS DONE BY THIS COMING WEEK SHOW US THAT THEY ARE LISTENING IT APPEARS — THEY HAVE STATED URGENT IN MOST REPORTS I HAVE SEEN ABOUT THE WORK OF PARLIAMENT. Read more…

Squares of liberation published suit Judge Rahim Ugaili text against former Prime Minister Nuri al-Maliki

Squares of liberation published suit Judge Rahim Ugaili text against former Prime Minister Nuri al-Maliki

Posted 15/02/2015 09:39 AM

Judge Rahim Ugaili president of the National Center for Legal and Judicial Studies filed a complaint against former Prime Minister Nuri al-Maliki tried asking what was guilty of crimes against the Iraqi people and the full text of the following request the complaint and in the following text: Read more…

A source at the bank: No control over the flow of dollars abroad

A source at the bank: No control over the flow of dollars abroad

Posted, 02/15/2015 (20:30)

BAGHDAD / Amer Mohi

Demanded an official source at the Central Bank of Iraq, on Saturday, monitoring the movement of the dollar and put controls on foreign exchange companies and check receipts and money transfer. While an economist pointed out that determining the amount of dollar selling in the auction currency lowers the price of the dinar, the Iraqi government called for a work of non-interference of the Central Bank.

An official source at the Central Bank,
“long”, that “the most important causes of decline of the dinar is the use Read more…

The government is seeking to increase dollar sales to 125 million to reduce the value

The government is seeking to increase dollar sales to 125 million to reduce the value

15/02/2015

BAGHDAD / JD / .. Finance Committee revealed seek Cabinet to increase dollar sales to 125 million instead of 75 million to reduce its value, as pointed out that the rise in the dollar will not continue, and there is a tendency to install its price against the dinar.
The committee member said Masood Haider told / BD /: that there is a different perspective to the Council of Ministers and Central Bank on what came in the budget law which set the sale of $ 75 million a day.
He expressed the belief that it will change the amount Read more…

Iraqi Dinar Guru opinions 2-14-15

Iraqi Dinar Guru opinions 2-14-15

2-14-2015 Newshound Guru Millionday THE HOUSE HAS ORDERED AL-JABOURI TO ADDRESS ANY LAWS THAT HAVE BEEN DELAYED…HE HAS TO ADDRESS THEM THIS WEEK — SO ANY LAWS THAT ARE NOT FINISHED OR ARE IN NEED OF A VOTE MUST BE COMPLETED THIS WEEK. MANY LAWS WE HAVE READ ABOUT MADE IT THROUGH THE SECOND READING AND THEN NO MORE WAS SAID ABOUT THEM…SO THEY ARE CALLING FOR ALL AT THE SAME TIME — THIS WEEK– THEY NEED TO BE VOTED ON AND FINISHED. THE GOV PROGRAMS AND AGREEMENTS NEED THESE LAWS TO BE COMPLETED SO THE TIMELINE TO HAVE THEM COMPLETE THIS WEEK IS OF COURSE VERY EXCITING…THIS INCLUDES THE HCL. THEY HAVE AROUND 90 LAWS THAT WILL BE ALL AT THE SAME TIME — THEY MAY DO A MASSIVE PRINT IN THE GAZETTE TO BRING THEM TO LAW. Read more…

Iraqi Dinar Guru opinions 2-13-15

Iraqi Dinar Guru opinions 2-13-15

2-13-2015 Newshound Guru Millionday “Iraq has begun advancing steps forward to enhance its security and its economy, and that all political forces see in the political reforms the best solution, pointing to the presence of significant challenges will be to overcome the togetherness of everyone’s efforts…” SO WE ARE NOW IN THE REFORM PROCESS. I HAVE AN ANNOUNCEMENT ABOUT THE ISX — IRAQI STOCK MARKET AND WHAT CBI HAS STATED: “According to the announcement by the CBI, CBI Board of directors has taken decisions on its exceptional sessions no. 1519 on Jan. 25, 2015. According to the CBI’s Law No.(56) for the year 2004 (revised), CBI issued instructions to achieve the goals of the bank and the stability of the IQD exchange rate against foreign currency through the optimum use of the resources of foreign exchange resources…” THE DINAR RATE WAS IMPOSED AND NOW THEY ARE REFERRING TO CHANGES TAKING PLACE. The instructions will be applicable starting from Feb. 22, 2015. Read more…

Iraqi Dinar Guru opinions 2-12-15

Iraqi Dinar Guru opinions 2-12-15

2-12-2015 Newshound Guru Millionday Article quote: “A government source said today, that the prime minister Haider al-Abadi, will announce on Thursday [private sector development strategy]…” …THE PRIVATE SECTOR DEVELOPMENT PLANS/STRATEGY IS HUGE — AND THAT SAYS TOMORROW [THURSDAY]. SO THIS GOES WITH MANY MANY OTHER THINGS FOR TOMORROW [THURSDAY]… THE PLAN WILL BE EXPLAINED AND TRANSPARENT. TOMORROW [THURSDAY] SHOULD BE THE BUDGET — FIVE LAWS (INVESTMENT AND ECONOMIC) AND THE GOV PROGRAMS BEING ACTIVATED — ALONG WITH THE MARKET ECONOMY STEPS PER LAW OF CONSTITUTION AND A FEW OTHER THINGS I DONT HAVE INK ON. Read more…

Iraqi Dinar Guru opinions 2-11-15

Iraqi Dinar Guru opinions 2-11-15

2-11-2015 Newshound Guru Millionday [When you said you have the date and then posted the article saying Thursday…what that mean? Date for what? RV?] ABADI ANNOUNCED THAT THIS WEEK HE WOULD BEGIN THE STRATEGIC MECHANISMS OF THE GOV FOR THE ECONOMIC ADVANCEMENTS/ REFORMS AND CBI STATED THAT THEY HAVE FUNDED THE DEVELOPMENT BANK AND CAN FUND THE GLOBAL SMART CARDS DISTRIBUTION — THAT REPORT GAVE A DAY WHEN ABADI IS GOING TO BEGIN ON THURSDAY SPECIFICALLY — ALSO A REPORT CAME OUT STATING THAT THE MOST IMPORTANT STEP OF THE MECHANISMS TO BEGIN WITH IS THE RETURN OF THE MONETARY POLICY BACK TO NORMAL — AND THE SET PURCHASING POWER AND PRICING INDEX DUE TO THE GLOBAL CALCULATIONS — SO WE ARE ALL EXCITED DUE TO THAT ALL TOGETHER. Read more…

Subjected to sell the dollar, according to supply and demand

Subjected to sell the dollar, according to supply and demand

2/11/2015 0:00

BAGHDAD – morning
reduced the experts in the banking Shan of the importance of the fluctuation of the exchange rate of the dollar and confirmed the possibility of reducing the changes in the dinar exchange rate gap against the dollar, and it will not last long because of the protection of the Iraqi dinar, represented by cash reserves of $ 67 billion.
The academic and expert banking d. Sadiq Rashid “morning”: that reducing the Read more…