Posts Tagged ‘Iraqi Dinar’

How did Iraqi exchange companies start selling dollars? Mechanisms and economic impacts

How did Iraqi exchange companies start selling dollars? Mechanisms and economic impacts

9-30-2024

Researcher Shaza Khalil
Exchange companies in Iraq play an important role in the foreign exchange market, especially in selling the US dollar. This practice emerged in response to the growing need for foreign currency by individuals and businesses, including travelers. Since the Iraqi economy is heavily dependent on the dollar, which is used alongside the Iraqi dinar, exchange companies have become Read more…

Iraqi Dinar Guru opinions 9-29-2024

Iraqi Dinar Guru opinions 9-29-2024

9-29-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
There are TV commercials advertising that the Kuwait dinar is at $3.58. They are talking about our new border agreement with Kuwait. The fact they bring up this rate tells me they want to talk about our new rate against it. FRANK: They are talking to you about Kuwait because they need an example to show you what is about to happen to your currency, your purchasing power, to show you what is going to happen to your exchange rate. There will be a change coming. Read more…

Iraqi Dinar/US Dollar auction results for today 9-29-2024

Iraqi Dinar/US Dollar auction results for today 9-29-2024

Foreign currency sales window results for Sunday 9/29/2024
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Iraqi Dinar Guru opinions 9-28-2024

Iraqi Dinar Guru opinions 9-28-2024

9-28-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
We have heard for the last five days all on the news about the deletion of the three zeros. That’s all they talk to us about… FRANK: You say you’ve been hearing about lifting the three zeros in the last five days? In all honesty you have been hearing this for the last five months. It’s just that it’s very concentrated on a daily basis now… Read more…

Iraqi Dinar Guru opinions 9-27-2024

Iraqi Dinar Guru opinions 9-27-2024

9-27-2024 Newshound/Intel Guru Mnt Goat Article: “IRAQ PLANS CURRENCY REDENOMINATION AMID ECONOMIC CHALLENGES“ …this is just not another article about the Project to Delete the Zeros but much, much more…I believe this project is going to move forward this fall, and I am told not until after the US election. Read more…

Iraqi Dinar Guru opinions 9-26-2024

Iraqi Dinar Guru opinions 9-26-2024

9-26-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Today the television here in Baghdad again is also talking about deleting the zero project just like the Kurds televisions yesterday…They’re saying it is back in the spotlight. They’re talking about the banking road map by Alaq… Read more…

Iraqi Dinar/US Dollar auction results for today 9-26-2024

Iraqi Dinar/US Dollar auction results for today 9-26-2024

Foreign exchange window results for Thursday 9/26/2024
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Iraqi Dinar Guru opinions 9-25-2024

Iraqi Dinar Guru opinions 9-25-2024

9-25-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
The television is running that report again along with commercials in this report about how we are reviewing the deletion of the zeros. It’s on the news. It’s been on the news all day. The same report over and over again. FRANK: Because that is exactly what they are about to do. Read more…

Iraqi Dinar/US Dollar auction results for today 9-25-2024

Iraqi Dinar/US Dollar auction results for today 9-25-2024

Foreign currency sales window results for Wednesday 9/25/2024
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Iraqi Dinar Guru opinions 9-24-2024

Iraqi Dinar Guru opinions 9-24-2024

9-24-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Channel One News is showing the Kuwait dinar currently at $3.60. They’re talking about the Kuwait dinar? FRANK: What the hell for? You know why [Firefly]. Read more…

Iraqi Dinar/US Dollar auction results for today 9-24-2024

Iraqi Dinar/US Dollar auction results for today 9-24-2024

Foreign exchange window results for Tuesday 9/24/2024
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Iraqi Dinar Guru opinions 9-23-2024

Iraqi Dinar Guru opinions 9-23-2024

9-23-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Mr Sammy says they are way ahead of what they are telling us but they can’t tell you everything. It’s all for safety of our country…markets… speculators… FRANK: There are many things happening right now that are extremely good for our investment. It may seem like it’s so far away but it’s actually right in front of us. It’s not a mirage and you are already touching it. Read more…

Iraqi Dinar/US Dollar auction results for today 9-23-2024

Iraqi Dinar/US Dollar auction results for today 9-23-2024

Foreign exchange window results for Monday 9/23/2024
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Salaries “break the back” of the budget.. Parliamentary Finance “worried” about oil prices and looking for alternatives

Salaries “break the back” of the budget.. Parliamentary Finance “worried” about oil prices and looking for alternatives

2024-09-23 04:51

Shafaq News/ The Parliamentary Finance Committee confirmed, on Monday, that it is looking for alternative revenues for oil due to the fluctuations in its prices in global markets that are causing “concern”, renewing its Read more…

Iraqi Dinar Guru opinions 9-22-2024

Iraqi Dinar Guru opinions 9-22-2024

9-22-2024 Newshound Guru Jeff Today alone in their news, four different articles talking about deleting the zeros. This investment has gotten real. The rate can change at any time now. It’s very close. Read more…

Iraqi Dinar/US Dollar auction results for today 9-22-2024

Iraqi Dinar/US Dollar auction results for today 9-22-2024

Foreign currency sales window results for Sunday 9/22/2024
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Central Bank of Iraq: We are studying removing zeros from the dinar and there are no restrictions on our balances in America

Central Bank of Iraq: We are studying removing zeros from the dinar and there are no restrictions on our balances in America

2024-09-22 03:19

Shafaq News/ The Central Bank of Iraq reduced, on Sunday, its reliance on the US dollar in commercial transactions, adding that the project to remove zeros in Iraq is under continuous review and study.

Countries remove zeros from their currency to revalue their national currency and Read more…

Iraqi Dinar Guru opinions 9-21-2024

Iraqi Dinar Guru opinions 9-21-2024

9-21-2024 Newshound/Intel Guru Mant Goat Article Quote: “Iraqi banks have the qualifications to switch to the electronic system, noting that “the transformation of the financial sector to the electronic system with credit cards will pave the way for attracting international investments and increasing confidence in the Iraqi economy.” I have to say it is all just about implementing the Electronic Payment and Inclusion of the banks into this new process…the CBI and the Finance Committee…are committed now to complete this effort, and I believe they are way beyond our expectations of just where they currently stand in this effort…In short summary, is this not what we all want to happen so they can pull the trigger on this revaluation and reinstatement. Read more…

Iraqi Dinar Guru opinions 9-20-2024

Iraqi Dinar Guru opinions 9-20-2024

9-20-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
They’re going to the streets with Sadr on the 25th. We will hit the streets in millions. We do this weekly until we are paid, starting on the 25th. Sadr has organized this and we will back him for our constitutional rights. FRANK: Sadr is a good leader. He will not do anything violent. Make sure you don’t protest because you will retard the whole monetary process for you. FIREFLY: We know there’s got to be a new rate coming and we going to help speed this up… Read more…

Iraqi Dinar Guru opinions 9-19-2024

Iraqi Dinar Guru opinions 9-19-2024

9-19-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
On November the 20th to the 21st we have a curfew for the very first census in the last 27 years. FRANK: …It looks like Sudani ordered for this new census to occur for your HCL benefits as Iraqi citizens. It seems to me the only reason he’s doing it now is because you have a new exchange rate that they can work with. If not…there wouldn’t be a new census…as they determine the fair amount everyone is supposed to get. This new census IMO screens that there is a new exchange rate… Read more…