Posts Tagged ‘Iraqi Dinar’

A slight rise in the price of the dinar exchange shops .. and refrain from selling the dollar

A slight rise in the price of the dinar exchange shops .. and refrain from selling the dollar

02/04/2015 (00:01 pm)

BAGHDAD / long-Presse

A number of owners and the offices of banking companies, on Tuesday, the high value of the Iraqi dinar slightly against the dollar after one day of a big drop is the first in many years, and as pointed out that the dollar exchange rate reached to 1240 Iraqi dinars, revealed their unwillingness to sell the dollar. “fear” of the heavy losses may occur to them if the fluctuation of the Iraqi dinar exchange rate continued.
He said Mohamed Salem, the owner of the Office of Foreign Exchange in the Karrada district in an interview with the (long-Presse) that “the price of the Read more…

The fight against organized crime gang arrested promote fake currency difficult to detect

The fight against organized crime gang arrested promote fake currency difficult to detect

Posted, 04/02/2015

BAGHDAD / JD / .. revealed the Organized Crime Directorate in the arrest of a gang promote fake currency in Baghdad, while confirming that the currency which has been tuned with counterfeiters withstand high qualities and close to the original.
The Director General of the Directorate of Organized Crime, Major General Hussein al-Shammari, told / BD /: managed anti-counterfeiting department of the Directorate of the fight against organized crime, the currency Read more…

Consultant Abadi: the central bank to clarify the reasons for the low value of the dinar and the high dollar

Consultant Abadi: the central bank to clarify the reasons for the low value of the dinar and the high dollar

Wednesday, February 4, 2015 14:57

[Baghdad-where]

The appearance of Mohammed Saleh, an economic advisor to Prime Minister Haider al-Abadi central bank demanded to clarify the reasons for the low value of the Iraqi dinar against the dollar rise in the price in the local market.

Said Saleh told all of Iraq [where], “the central bank need to clarify the reasons for the high price of the dollar against the dinar, though slight, and shows what actions and policies taken to preserve the value of the dinar.” Read more…

Iraqi Dinar Guru opinions 2-3-15

Iraqi Dinar Guru opinions 2-3-15

2-3-2015 Intel/Newshound Guru American Contractor There are very valid and concrete economic reforms inside the 2015 Federal budget. There is still a waiting period for implementation. It could very well exceed the 15-day waiting period. The Iraq Parliament Economic Committee has the next several weeks to coordinate and implement those economic reforms. It is the reason they have a major meeting in Baghdad on 5 February 2015. The Exchange rate has changed. Today the market rate is 1250 IQD. The U.S. currency is limited in the streets of Baghdad and across the country. Iraqi’s are feeling the austerity measures and are holding on to their dollars for as long as they can. You will see actual currency reform when the ISIS terrorists are all killed and all Iraqi banks are back in control of the Central Bank. Until then, the Iraqi government will continue with austerity measures and obtain loans from International Monetary Fund (IMF) and perhaps World Bank. Private loans from wealthy Arabs are in the works. Read more…

Parliamentary Finance likely to object to a single paragraph in the budget approved before 2015

Parliamentary Finance likely to object to a single paragraph in the budget approved before 2015

03/02/2015 11:38

Tomorrow Press / Baghdad: Parliamentary Finance Committee predicted Tuesday that there is an objection to a single paragraph in the current year’s budget law, saying that everyone is trying to speed up the ratification.
Said committee member Majda al-Tamimi’s “Tomorrow’s Press,” that “the year’s budget law in 2015 sent yesterday to the Presidency of the Republic in order to ratify it, but we expect Read more…

Dinar rises slightly and some bankers are reluctant to sell the dollar

Dinar rises slightly and some bankers are reluctant to sell the dollar

02.03.2015 1:04 p.m.

Long-Presse / Baghdad
A number of owners of companies and banking offices, on Tuesday, the high value of the Iraqi dinar slightly against the dollar after one day of a big drop is the first in many years, and as pointed to dollar exchange rate reached to 1240 Iraqi dinars, revealed their unwillingness to sell the dollar. ” fear “of the heavy losses may occur to them if the fluctuation of the Iraqi dinar exchange rate continued.
Said Mohamed Salem, owner of office banking in the Karrada district in an interview with the (long-Presse) that “the dollar against the Iraqi dinar rose again on Monday evening, up to 1280 dinars, causing large overwhelm in the Iraqi market,” noting that many of the offices and banking companies completely stopped buying and selling for fear of losses which may cause Read more…

Saleh: The rise of the dollar against the dinar prices just bubble

Saleh: The rise of the dollar against the dinar prices just bubble

2/3/2015 2:15

Brother – Baghdad
Considered an economic advisor to Prime Minister Haider al-Abadi, on Tuesday, the dollar exchange rate in the Iraqi market bubble, as he emphasized that some of the imports are of futility.

He said the appearance of Mohammed Saleh said in a statement seen by the Agency for News Agency (et) that “the rise seen with the dollar in the market currently in front of the Iraqi dinar is Read more…

CBI has issued new instructions to the stability of the dinar exchange rate

CBI has issued new instructions to the stability of the dinar exchange rate

February 3, 2015 16:51

A report issued pointed out by the Central Bank of Iraq that according to the provisions of the Iraqi Central Bank Act for the purpose of achieving the objectives of the Bank and the stability of the Iraqi dinar exchange rate against foreign currency through the optimal use of foreign exchange resources to meet the needs of all and not the central occupancy of functions which are at the heart of the work of the banking system and the Read more…

Central Bank extends the time limit increase private capital remittance companies

Central Bank extends the time limit increase private capital remittance companies

Tuesday, February 3, 2015 17:36

BAGHDAD / Baghdadi Uz..aaln Central Bank of Iraq, on Tuesday, to extend the time limit to increase capital to financial firms conversion.
According to a statement of the bank received / Baghdadi News / copy of it, that “the Iraqi Central Bank decided Minutes numbered to 1518 and held on January 12, 2015 on money remittance companies heads, extend your time limit capital increase to reach 45 billion dinars during Read more…

Dinar fall against the dollar after the central bank’s actions and recommendations budget

Dinar fall against the dollar after the central bank’s actions and recommendations budget

03/02/2015 (00:01 pm)

BAGHDAD / long-Presse

Economic Commission attributed the Iraqi Council of Representatives, on Monday, rising dollar exchange rate of the dinar in the Iraqi market to the decisions taken by the Central Bank during the past few days to support the economic development that, while likely economist return of the dollar to Read more…

Cabinet approves National Guard and legal accountability and justice [Expanded]

Cabinet approves National Guard and legal accountability and justice [Expanded]

Tuesday February 3, 2015 16:54

[Baghdad-where]

Cabinet today approved, the draft National Guard Act and the Accountability and Justice [formerly the de-Baathification and forwarded to the House of Representatives.

A statement by the Presidency of the Council of Ministers today, the agency received all of Iraq [where], a copy of it, to “hold its regular Council of Ministers in Baghdad on Tuesday under the chairmanship of Prime Minister Haider al-Abadi, and issued by the Council following decisions: Read more…

Iraqi Dinar Guru opinions 2-2-15

Iraqi Dinar Guru opinions 2-2-15

2-2-2015 Newshound Guru Millionday NOTE — THE PRESIDENT HAS RELEASED THE BUDGET AND ANNOUNCED IT AS LAW ON THE WAY TO THE GAZETTE — IT IS NOTED PER THE PRESIDENT. [there has been much talk of IF the rate is in the budget OR not…?] ALL DATA WOULD BE CHANGED WITH A CHANGE IN THE RATES AND PURCHASING POWER OF THE DINAR — THIS WOULD BE DONE BY ELECTRONIC E-GOV ENTRY — THE BUDGET AND ALL FIGURES — BENEFITS — PRICES — UTILITIES EVERYTHING WOULD BE CHANGED ALL AT ONCE IN ORDER FOR IT TO MAKE SENSE — ANY CHANGE WILL BE RECORDED IN EVERYTHING FINANCIAL. Read more…

Dinar fall against the dollar after the central bank’s actions and recommendations budget

Dinar fall against the dollar after the central bank’s actions and recommendations budget

2.2.2015 eighteen past three p.m.

Long-Presse / Baghdad
Economic Commission attributed the Iraqi Council of Representatives, on Monday, rising dollar exchange rate of the dinar in the Iraqi market to the decisions taken by the Central Bank during the past few days to support the economic development that, while likely economist return of the dollar to normal rates through a simple period, attributing the reason for the rise to “rush” banking offices to buy the dollar, as Read more…

Dollar exchange rates due to reduce hard currency raised by the Central Bank

Dollar exchange rates due to reduce hard currency raised by the Central Bank

BAGHDAD – Iraq Press – February 2 2015

After the rise of the dollar exchange rate against the Iraqi dinar attributed the Economic Committee in the House of Representatives on Monday, the high exchange rate in local markets to Jmmlh of decisions taken by the Central Bank during the past few days to support economic development.
To this end, a banking expert said “dollar exchange rates will return to normal Read more…

Parliament rapporteur: send the budget to the Presidency for approval

Parliament rapporteur: send the budget to the Presidency for approval

Monday, February 2, 2015 13:51

[Baghdad-where]

Announced the decision of the House of Representatives on Monday Imad Youkhana send financial budget bill for 2015 to the Presidency for approval.

He said Youkhana told all of Iraq [where] that “after sent to the Presidency of the Republic and within 15 days she would take the budget certified by the date Read more…

High price of oil to $ 55 shy of its price in the budget for Iraq in 2015

High price of oil to $ 55 shy of its price in the budget for Iraq in 2015

02/02/2015 15:13 GMT

Follow-up – and babysit – Oil prices rebounded frequently hitting Brent crude to average $ 55.
And these prices are likely to rise, economists say, it came close to the price of oil, which was prepared by the financial budget for Iraq for 2015 of $ 56.

Parliament passed last Thursday’s budget of $ 119 trillion dinars Read more…

Iraqi Dinar Guru opinions 2-1-15

Iraqi Dinar Guru opinions 2-1-15

2-1-2015 Newshound Guru American Contractor I am jumping up and down since I heard the great news. The Central Bank of Iraq has announced that they will buy Treasury bonds via the secondary market. …currency banknotes are increasing in Iraq. We know this because the foreign reserves are not touched and will remain inside the vault. However, if truth were known the foreign reserves may have decreased. Hopefully, we will learn more at a later date. Dr. Sinan al-Shabibi has never set foot back in Iraq. Dr. Shabibi is enjoying the good life in Switzerland and has no ties to the Iraqi government. One more thing the Central Bank is no longer following the Shabibi policy and Shabibi would have never loaned any money to the private banks and the government.

Fact check, Breaking news: Central Bank agrees to cover bank accounts outside of Iraq to the dollar, greatest news EVER! Gee, I wonder why the “intel/pumper guru’s” did not know this before the articles came out, supposedly two or three days after the fact. Proves they don’t know S***. Our posts are up to date in real time, get the news first, right here on this site. Here is the link: https://iraqidinarchat.net/?p=33117

Read more…

Cabinet Secretariat hosts the Governor of the Central Bank to discuss the mechanics of the budget exchange

Cabinet Secretariat hosts the Governor of the Central Bank to discuss the mechanics of the budget exchange

Date: 01/02/2015 16:13

Information / Baghdad / ..
hosted by the General Secretariat of the Council of Ministers Council of Central Bank Governor Ali Mohsen Ismail, Sunday, to discuss the mechanics of the general budget disbursement after approval by the House of Representatives.
A statement by the Secretariat and the agency / information / copy of “received the General Secretariat of the Council of Ministers hosted today’s central bank governor Ali Mohsen Ismail, to discuss the mechanics of the general budget of the exchange, “explaining Read more…

Sadoun: economic laws will go to Parliament and must start from the legislation oil and gas law (HCL)

Sadoun: economic laws will go to Parliament and must start from the legislation oil and gas law (HCL)

Sunday, February 1, 2015 08:00

[Baghdad-where]

He said in the parliamentary legal committee member, said there are a number of economic laws will go in the Council of Representatives of legislation in the next stage, stressing “the need to begin legislation oil and gas law.”

He said committee member Mohsen al-Sadoun told all of Iraq [where] “There is a body of laws we need it in the next phase Read more…

Breaking news: Central Bank agrees to cover bank accounts outside of Iraq to the dollar

Breaking news: Central Bank agrees to cover bank accounts outside of Iraq to the dollar

01/02/2015 11:44 GMT

Agencies – the Central Bank of Iraq, announced his agreement to cover bank accounts outside the country in dollars to cover imports, pointing to the formation of a committee to reconsider the restructuring benefits.
The bank said in a statement released today, and received reports of public opinion (and babysit) a copy of it, on Sunday he was “in line with our responsibilities in supporting the development and stimulate the Iraqi economy has been taking a number of decisions, including, approval to do to cover bank accounts abroad to the US dollar to cover Read more…