Posts Tagged ‘Iraqi Dinar’

Iraqi Dinar Guru opinions 10-29-14

Iraqi Dinar Guru opinions 10-29-14

10-29-2014 Newshound Gurus Bondlady & tlm724 Article: “Parliamentary committee calls for the central bank to implement deletion of zeros early next year” Quotes: “the parliamentary finance committee demanded, the Iraqi Central Bank to apply the project to delete the three zeroes from the currency early next year” demanded! “The present time appropriate for the application of the project, especially since Iraq has returned to the regional and international environment” international level…international level is exactly what Iraq needs, be able to trade that currency and make money, sell long term bonds also as opposed to making money on the auctions, one should replace the other. it was what had to happen for Iraq to raise its value, to be accepted through out the world as a trusted currency and with the new Iraqi government the world has gained a new appreciation for Iraq and its country…internationally traded and accepted, the beginning of what Shabibi said would happen years ago when Iraq got its crap together…well imo they are finally getting there. Read more…

Mohammed Saleh: the country in front of a dilemma in preparing the 2014 budget and we provide budget

The appearance of Mohammed Saleh: the country in front of a dilemma in preparing the 2014 budget and we provide budget

10/29/2014 (0:01 pm)

BAGHDAD / Zahra Hamid

Deputy Governor of the former Central Bank of the appearance of Mohammed Saleh, on Tuesday, that country before the trouble in the preparation of the current year’s budget in 2014, because of the additional expenses “weak cash flows”, and called for attention is now the year 2015 budget and to provide a “budget, not the budget,” while Read more…

Economist calls for the government to expedite its action to avoid a potential economic crisis measures

Economist calls for the government to expedite its action to avoid a potential economic crisis measures

29/10/2014 07:32 GMT

Baghdad – and babysit – economist predicted the appearance of Mohammed Saleh, the Iraqi economy shrink this year, in the case of the government not to rush in to take the necessary measures.
Saleh In a statement to “public opinion”, said that “investment spending in Iraq stalled a year ago, as well as high unemployment and halt reconstruction projects and stop domestic production all of this has had a significant impact on the Iraqi economy,” while noting that “the Iraqi oil is Read more…

Iraqi Dinar Guru opinions 10-28-14

Iraqi Dinar Guru opinions 10-28-14

10-28-2014 Intel/Newshound Guru Poppy3 SAD NEWS BUT A RUMOR, COMING FROM IN COUNTRY SURE MEANS IT IS RUMOR. THEY SAID TODAY THE RUMOR HAS CHANGED FROM LATER THIS WEEK TILL LATER NEXT MONTH. FROM THEM TALKING LAST WEEK THEY WHERE TRYING TO GO LIVE WITH A RATE LATER THIS WEEK. THEY ARE NOW SAYING THE RATE CANNOT BE COMPLETED TILL AT LEAST A COUPLE MORE WEEKS WITHOUT MAJOR ACCOMPLISHMENTS HAPPEN[ING] FASTER THAN EVER. THEY DIDN’T SAY WHY OR WHAT THE HOLD UP IS THAT NEEDS COMPLETING BEFORE THEY CAN GO LIVE WITH A RATE, JUST THAT IT WAS GOING TO TAKE LONGER THAN THEY EXPECTED LAST WEEK. WE WILL WATCH AND PRAY THIS INFO IS WRONG AND THE RATE COMES SOONER RATHER THAN LATER. Read more…

Iraqi Dinar Guru opinions 10-27-14

Iraqi Dinar Guru opinions 10-27-14

10-27-2014 Newshound Guru Millionday THE ISX HAS BEEN CLOSED FOR A WEEK TO INSTALL X-STREAM FOR ITS ENTRY TO THE GLOBAL SYSTEM AS …THEY OPENED BACK UP AT THE IMPOSED RATE AND HAVE NOT RELEASED THE INTERNATIONAL MARKET RATES YET OR GONE GLOBAL — WHEN THEY GO GLOBAL IT WILL HAVE TO BE WITH A CALCULATED RATE OR PRICE FOR INTERNATIONAL TRADE OF THE DINAR AND ALL IMPORT/EXPORTS OR STOCK MARKET INVESTMENTS. THE SYSTEM CAME BACK UP SUCCESSFULLY AND IS RUNNING WITH NO REPORTED PROBLEMS. THIS IS A HUGE STEP FOR A MARKET ECONOMY AND GLOBAL TRADE AND ALSO CBI HAS STATED THEY ARE READY AND ARE JUST WAITING FOR THE TIMELINE. Read more…

Parliamentary economy: the central bank will invest the assets of the currency and gold next year

Parliamentary economy: the central bank will invest the assets of the currency and gold next year

10.27.2014 2:21 a.m.

Brother – Baghdad
Revealed to the Parliamentary Commission of Economy, on Monday, the CBI promised that he will invest its assets in foreign currency and gold early next year.
Said committee member Jawad al-Bolani said in a statement seen by news news agency (et) “The Committee hosted a few days ago, the central bank governor and his deputy, and a number of general managers which have been found on the Bank’s activities and future plans, as Read more…

Iraqi Dinar Guru opinions 10-26-14

Iraqi Dinar Guru opinions 10-26-14

10-26-2014 Newshound Guru Millionday [we still in a good window up to the 31st of this month?] WE ARE IN A GREAT WINDOW FROM THE MOMENT THAT CBI STATED THEY WERE READY A FEW DAYS AGO. I MEAN THEY STATED IT IN INK — SO I WOULD HAVE TO SAY IT IS A GREAT PLACE FOR US TO BE — WE HAVE NEVER HEARD THAT BEFORE.

10-26-2014 Intel Guru Nova I Would Say It This Way, No Matter What Happens Tomorrow [Sunday], For The First Time The ISX Has The Ability To Be International. In The Game Of The CBI. The ISX Is Just A Pawn! Is What The ISX Is Doing Quite Telling? YES! But It’s Moves Are Dictated By What? The CBI/Central Banking System! If The ISX Flips The International Switch It Is Because The CBI Has Done It First! Even If We Can Not See It!! There Will Be No Futures/Options Trading On Some Future Value! It Is Either ON or OFF!!! Last Thing, ISX Told Us It Will Resume Trading On The 26th, Did Not Say It Would Flip The Switch On The 26th! Read more…

Iraqi Dinar Guru opinions 10-25-14

Iraqi Dinar Guru opinions 10-25-14

10-25-2014 Newshound Guru Millionday [Is the HCL done?] YES THE ISLAMIC BANKS HAVE ANNOUNCED THAT THEY ARE TAKING IRAQI BANKING OUT TO THE GLOBE AND ALSO THE HCL WAS REPORTED TO BE DONE — IT WAS IN MULTIPLE REPORTS — HOWEVER THE HCL IS NOW BEING CHANGED FOR ONE PROVINCE AND THEY HAVE STATED THAT IT IS VERY SMALL AND…THAT THEY WERE WORKING ON IT TODAY [FRIDAY]. [SO IT APPEARS THERE IS JUST A SMALL ADJUSTMENT AND EVERYONE WILL BE SATISFIED WITH THE HCL SO IF THE HCL IS AGREED ON AND ALL OF THE GOVERNMENT IS IN PLACE, IT SHOULD MOVE PRETTY QUICK, CORRECT?] IT SURE DOES LOOK VERY ENCOURAGING WE CAN KNOW THAT — FULL GOI AND HCL AND CBI READY IS CERTAINLY NOT BAD NEWS FOR US. Read more…

Parliamentary Economy: Central Bank reserves will invest in projects

Parliamentary Economy: Central Bank reserves will invest in projects

Published on Saturday, 25 October 1 / Okrudolf 2014 13:39

BAGHDAD / Center Brief for the Iraqi Media Network ( IMN ) – A member of the Committee on the economy and investment representative Ali al-Maliki, said that the central bank briefed the Committee on the vision for the future under implementation, working to invest capital and reserves of gold assets in government projects, especially the service of the state.
He said al-Maliki’s ( IMN ), that “the central promise in the case of an existing high gold and hard currency, investing in government projects, with a total Read more…

Iraqi Dinar Guru opinions 10-24-14

Iraqi Dinar Guru opinions 10-24-14

10-24-2014 Newshound Guru Mailman17 JUST HOW DO YOU PLAN TO IMPLEMENT REMOVING NOTES YOU HAVE ALREADY BEEN REMOVING OFF THE STREETS FOR THE LAST 3 YEARS? THIS PLAN HAS BEEN IN EFFECT FOR QUITE AWHILE ALREADY. THEY HAVE ONLY BEEN WORRIED ABOUT DINAR INSIDE IRAQ…NOT OUTSIDE…MOST LIKELY THEY HAVE IT AT A NUMBER (NOTE WISE) THEY ARE SATISFIED WITH. AND YES, TO ANYONE WHO HAS BEEN AROUND THIS AWHILE…THINK BACK WHEN SHABS OR THE CBI SAID THAT THE 3 ZEROES WILL COME OFF THE NOMINAL RATE. HE AND THE CBI ALSO SAID NUMEROUS TIMES THAT HIS PLAN FROM DAY ONE WAS TO HAVE THE DINAR ON PAR…WHICH IS CLOSE PLUS OR MINUS TO A 1-1 VALUE. NOW IF THEY WANT TO PUT A MANAGED FLOAT ON IT FROM THERE…FINE. LET IRAQS MARKET TAKE CONTROL OF THE VALUE OVER TIME. AND YES, IT MOST LIKELY WILL HIT THE 3 DOLLAR MARK DOWN THE ROAD. Read more…

Iraqi Dinar guru opinions 10-23-14

Iraqi Dinar guru opinions 10-23-14

10-23-2014 Newshound Guru Millionday Article quote: “The Governor of the Central Bank and the Agency confirmed that the project to delete the zeros is ready technically and logistically and waiting for the right time to implement it,” THIS IS SAYING THAT THE PROJECT OF REMOVING THE THREE ZEROS IS READY…CBI HAS BEEN IN CONSTANT MEETINGS WITH THE COMMISSION FOR THE LAST THREE DAYS ABOUT THE CURRENCY AND STATED THAT SOMETHING WOULD BE HAPPENING IN A COUPLE DAYS WITH EXCHANGES OF THE NEW BILLS OF SECURITY…SO DOES THAT MEAN ALL? WE DONT KNOW…I JUST DONT THINK THEY WORKED TO GET THIS DONE AS FAST AS THEY DID — A COMPLETE GOI AND GIVE ANY MERIT TO THESE REPORTS OUT ABOUT THE REMOVAL OF THE THREE ZEROS… I THINK THAT THEY KNOW THAT THE COUNTRY IS READY AS REPORTED BY CBI FOR THEIR BANKING REFORM AND ALL REFORMS… Read more…

Economic exclude the implementation of the project to delete the zeros from the currency early in 2015

A member of the parliamentary Economic exclude the implementation of the project to delete the zeros from the currency early in 2015

23/10/2014 10:02

A member of the parliamentary Economic exclude starting the project to delete the zeros from the currency early 2015
BAGHDAD / obelisk revealed the parliamentary Economic Committee, for her agreement with the Iraqi Central Bank on the application of the project to delete the three zeroes from the currency over the next five years, while ruling out that applied to the beginning of the project next year.

Said committee member Nora Albjara in a press statement and I followed “obelisk” that “its Committee met with the Governor of the Central Bank and Read more…

Currency new category of 50 000 dinars will be written in Arabic and Kurdish

Currency new category of 50 000 dinars will be written in Arabic and Kurdish

Posted 23/10/2014 09:49 AM

Announced the parliamentary Economic Committee, said that the CBI had told her that the new currency to be issued by the same group (50 000 dinars) will be written in Arabic and Kurdish.

A member of the committee MP Osman Dosky “The Committee hosted the central bank governor on the Keywords, was the debate on the inclusion of the Kurdish language within coins of Iraq,” adding that “Keywords welcomed this Read more…

Danarensph 78 trillion budget deficit

Danarensph 78 trillion budget deficit

Posted 23/10/2014 07:37 AM

Revealed the Finance Committee in the House of Representatives that the percentage of speculative deficit in the general budget of up to 78 trillion dinars, calling on the government to reduce its operating expenses to reduce this figure.

The committee member said Secretary Baker said that «the government formed a committee to review the mini-budget items from the ministries of finance, planning and oil to discuss the operating expenses and revenues», adding that Read more…

Observers: Cord traders prefer to deal in dollars and euros, rather than the Iraqi dinar

Observers: Cord traders prefer to deal in dollars and euros, rather than the Iraqi dinar

23/10/2014

Observers said that the security situation and the political and economic unstable in Iraq led to a decline in Iraqi dinar deal by some traders Kurds in the markets of the region and the shift to a more stable foreign currencies such as the dollar and the single European currency (euro).

Economic expert Jabbar beefy said in a statement to Radio Free Iraq that investors and traders Kurds fear of the collapse of the Iraqi currency as a Read more…

Iraqi Dinar Guru opinions 10-22-14

Iraqi Dinar Guru opinions 10-22-14

10-22-2014 Intel/Newshound Guru Poppy3 …BACK WHEN THE PARIS AGREEMENT WAS MADE MANY OF ALL THE COUNTRIES, USA, CHINA, VN, FRANCE AND MANY MANY MORE ALL AGREED AND FORGAVE LARGE % OF WHAT THEY WHERE OWED. THEY THEN AFTER FORGIVING LARGE AMOUNTS, SOME REPORTED AS MUCH AS 60% OF DEBT, THEY TOOK DINAR FOR THE BALANCE WITH THE UNDERSTANDING THAT THEY WOULD CASH IN POST A RATE CHANGE…THEY WERE NOT PLANNING OR EXPECTING A ONE TO ONE RATE…THEY KNEW THE PREVIOUS VALUE OR MORE. THIS IS ANOTHER AND PERHAPS THE BEST ARGUMENT THAT THE RATE WILL BE VERY GOOD FOR ALL OF US. Read more…

Iraqi Dinar Guru opinions 10-21-14

Iraqi Dinar Guru opinions 10-21-14

10-21-2014 Intel Guru Frank26 the ISX is closed, and understand what that means; with the articles coming out that there is an upcoming meeting of the GOI and CBI, know that the meetings have already taken place, I Team was guarding in the meetings and they are done; the GOI has opened and recalculated, and passed the 2014 budget. Be aware that after Oct 26, it is a new year in Iraq, so the article stating the three 0’s will be lifted “next year” understand that after the 26th it is the new year (note: Muharram 1, 1436 A.H. on the Islamic calendar is Oct 25 on the Gregorian calendar). Read more…

Iraqi Dinar Guru opinions 10-20-14

Iraqi Dinar Guru opinions 10-20-14

10-20-2014 Intel Guru Hub [The three zero’s has to be deleted in order to lower the note count to 1billion dinars, the note count has to be lower in order for a RV. .00086 is the rate so dropping 3 zeros = .86?] it does not mean .86 cents, that is the multiplier for the 1166 dinar per dollar…the term dropping the zeros means bringing the value of the currency to an rv’ed rate. the thing to remember is a dinar is worth what a dinar is worth no matter the size of the note. Read more…

Economic parliamentary confirms the deletion of zeros from the Iraqi currency next year

Economic parliamentary confirms the deletion of zeros from the Iraqi currency next year

20/10/2014 04:13

BAGHDAD / Source News / .. confirmed the parliamentary Economic Committee, Monday, that the deletion of zeros from the currency will be next year.
According to committee member Abdul Salam al-Maliki in a press statement that “the deletion of zeros from the dinar will be next year after reaching Central Bank reserves 76 billion dollars in addition to 24 billion dollars in the Fund / EDF Ai / As exceed the ceiling of the currency Almtdoualh in the domestic market 40 million trillion dinars. ”
For his part, said committee member Jawad al-Bolani said “the Committee Read more…

Parliamentary Commission of Economy: Central Bank reserves of $ 76 billion and three important laws

Parliamentary Commission of Economy: Central Bank reserves of $ 76 billion and three important laws

20/10/2014 15:54

Awan / Baghdad
Committee announced that the economy and investment representative, on Monday, she will discuss three important laws in the coming period, noting that the Central Bank reserves reached 76 billion dollars.
said committee member MP Jawad al-Bolani told a news conference at the parliament building and attended “Awan”, that “the period the next will see a discussion of three laws after it came from the government is the Central Bank Act and the Banking Act and the Money Laundering Act, “noting that these laws will support the Read more…