Posts Tagged ‘Iraqi Dinar’

Iraqi Dinar Guru opinions 7-28-14

Iraqi Dinar Guru opinions 7-28-14

7-28-2014 Newshound Guru Kaperoni currencies don’t revalue when they change Exchange Regimes, they simply move from one to another. So the current rate is 1166 which means when they enter Article VIII and a new regime it will be at 1166. That being said, it won’t stay there long. Every expert that I have ever seen has stated it is under valued which means that it will rise. And if Iraq lines up the economic activities as we stated, it should be like turning on a kitchen facet because once the CBI opens the Capital Account, investment will flow into Iraq and put people to work, new constructions, businesses, etc. Which will cause inflations with a fixed currency…so the dinar must rise as a result of transition to a market economy. Read more…

Iraqi Dinar Guru opinions 7-27-14

Iraqi Dinar Guru opinions 7-27-14

7-27-2014 Newshound Guru Tlar …the definition of what constitutes the largest block was at issue. It was important to make sure to the coalition that they define that as something other than the SOL. Jubouri yesterday defined the largest block as the National Alliance effectively removing the power the SOL was trying to obtain through the courts by having them rule the SOL was the biggest block. The National Alliance (Shia Party) consists primarily of two opposing groups, the coalition 83 MP’S and the SOL 95 MP’S. (State of Law). The coalition wants Chalabi or Mahdi which are both acceptable to all Iraqi’s and are non sectarian. The SOL leadership wants Maliki and has shown no interest in negotiating. Things are moving very fast and things are not going Maliki’s way. He is still fighting but becoming more irrelevant every day. Side prediction – Maliki and the leadership of the SOL will be on an airplane heading to parts unknown within an hour of the announcement from the NA of their new nominee. Read more…

Iraqi Dinar Guru opinions 7-26-14

Iraqi Dinar Guru opinions 7-26-14

7-26-2014 RUMOR Guru The prime minister is already in place. Just like the Kurdistan BUDGET is COMPLETED! See the new President in IRAQ will make the announcement of the NEW Prime Minister. That is why it was so important to get the President seated for the process to WORK. Most Iraq news articles are DAYS old. Our contacts in Iraq get us information before it becomes an ARTICLE. And if you do not have global FINANCIAL contacts you will not get what is going on with the BANKING side. Just like the 15 countries who just TRADED and used IQD 48 hours ago to save their ECONOMY or SEE rates on BANK Screens in REAL Time. WHERE ARE WE? DAYS LEFT!! Read more…

Iraqi Dinar Guru opinions 7-25-14

Iraqi Dinar Guru opinions 7-25-14

7-25-2014 Intel Guru Delta THE STATE DEPARTMENT AND WASHINGTON TIMES ARE WRONG!!! MALIKI WILL WIN IT AGAIN… I WILL BET STATE DEPARTMENT ALL MY DINARS. WE SHOULD KNOW ABOUT PM NO LATER THAN 08/09.

7-25-2014 Newshound Guru Millionday Article: “news agency “Reuters” Thursday 24 \ 7 \ 2014 data from the satellites tracking the movements of ships, showed that a tanker carrying crude oil from the Kurdistan region after only two days of access to the port in the United States.” Quote: ” Carlos Pascual, head of the Office of Energy of the U.S. Department of State, told Reuters, that “there is no change in Washington’s policy toward the Kurdish independent oil sales…” IF THE US IS AGAINST THE KURDS GOING AGAINST THE RULES OF THE CONSTITUTION AND THE FED GOV ON OIL — THE HCL MUST BE ON THE WAY, IMO. Read more…

Iraqi Dinar Guru opinions 7-24-14

Iraqi Dinar Guru opinions 7-24-14

7-24-2014 Newshound Guru Stryker After a long day in Parliament Iraq has a new President and his name is Fuad Masum, a well respected Kurd with the vision of a National Non Sectarian Unity for Iraq. Article Quote: “the constitutional period to choose a prime minister is 15 days after the selection of the president.” 15 Days Now To See A New Prime Minister…Now the Speaker of the House of Representatives calls on the new elected President to announce the largest bloc and for them to assign their nominee for Prime Minister. Parliament will reconvene on the 5th of August to vote in a new Prime Minister. We are now down to days and not months, when we see a new government formed completely that will implement many changes in Iraq. With the right GOI I believe Turki will finally be able to launch the project that will change the lives of many in the world. Read more…

The central bank assesses the special auctions Bayoumi, Saturday and Sunday

The central bank assesses the special auctions Bayoumi, Saturday and Sunday, Thursday and sells 296 million and 573 thousand dollars in cash

24/07/2014 17:43

BAGHDAD / obelisk: Record CBI, on Wednesday, exceeded the amount of sales (296 573 000) dollars early in the auction for the sale of foreign currency on Saturday and Sunday, and at an exchange rate basis was 1166 dinars per dollar.

With regard to the auction early to sell your currency, Sabbath, The bulletin issued by the Central Bank of Iraq that “the total volume of demand for the dollar stood at Read more…

Daash printed in Saudi Arabia by its own currency bearing the image of Abu Bakr al-Baghdadi

Daash printed in Saudi Arabia by its own currency bearing the image of Abu Bakr al-Baghdadi

24/07/2014 16:07

Follow-up – and babysit – security source said that the high-level terrorist Daash issued its own currency for use in cash transactions, especially in areas that are concentrated by the terrorist organization.
The source said an officer in the internal intelligence that terrorist Daash issued currency denominations of the dinar and five dinars and ten dinars, indicating that the currency Read more…

Iraqi Dinar Guru opinions 7-23-14

Iraqi Dinar Guru opinions 7-23-14

7-23-2014 Newshound Guru Adam Montana Forward motion on the budget, which says to me that in spite of the issues with ISIS and lack of a chosen PM, Iraq is still moving in the right direction. One of the questions I’m getting a LOT is “Do they even have to ever pick a new PM?!” I guess they don’t have to make any kind of decision, but they are moving forward with the process and it’s on pace to be done around the end of the month, which is also right in line with end of Ramadan.
To further address the issue of moving forward in picking a PM, forming government, and just general progress – Ban Ki-moon (United Nations Secretary General) will be in Baghdad tomorrow. While we obviously don’t have an RV yet, the big picture remains one of progress and resilience. As we approach the end of Ramadan and we continue to see positive action in Parliament/GOI/etc, I continue to stay hopeful that we’re on the edge of something big, and soon. Read more…

Iraqi Dinar/Dollar auction results 7-24-2014 (Tomorrows session held today)

Iraqi Dinar/Dollar auction results 7-24-2014 (Tomorrows session held today)

Currency auction results Announcement No. (2731)

Was the opening of bids for the Commission on the sale and purchase dollar daily atheist seven hundred and thirty-two thousand to buy and sell foreign currency at the Central Bank of Iraq on Thursday, the day on 24.7.2014 executed on Wenesday 23.07.2014 and the results were as follows: Read more…

Iraqi Dinar Guru opinions 7-22-14

Iraqi Dinar Guru opinions 7-22-14

7-22-2014 Newshound Guru Millionday [considering they are transforming to a new market, what is the suspected time line for a reality rate adjustment to meet the transition…?] WHEN THEY MOVE TO A GLOBAL MARKET ECONOMY THEY WILL HAVE TO HAVE A PRICE FOR THE DINAR THAT IS A REALITY AND CALCULATED VALUE FOR THE PRICING INDEX IN THE COUNTRY AND ALSO THE ISX AND ESX AND ALSO THE GLOBAL MARKET FOR EXPORTS AND IMPORTS AS WELL. [Its very little doubt we’ll see a rv in July?] I DONT KNOW THE DATE BUT SEE THAT IT CAN HAPPEN AT ANYTIME – NOTHING IS KEEPING IT FROM MOVING FORWARD WITH THE INDEPENDENCE THAT CBI HOLDS – AT THE SPEED THEY ARE GOING IT HAS TO BE PUT IN PLACE TO MOVE TO THE MARKET ECONOMY THEY ARE TALKING ABOUT AND ANNOUNCING TO THE CITIZENS. Read more…

KRG acted salaries of its employees for the past month in U.S. dollars

KRG acted salaries of its employees for the past month in U.S. dollars

July 22, 2014 14:18

[Erbil – where]

Kurdistan Regional Government announced the pay of its employees for the month of June, the U.S. dollar instead of the Iraqi dinar.

A source in the provincial government told all of Iraq [where] that “the reason for the replacement process in the distribution of salaries due to a lack of liquidity of the Iraqi currency in the region because of Read more…

Iraqi Dinar Guru opinions 7-21-14

Iraqi Dinar Guru opinions 7-21-14

7-21-2014 Newshound Guru Millionday this was a press statement to the citizens this morning [Sunday]. Quote: “…financial expert Ali Fukaiki importance of adopting measures trade in local currencies across the border for its role in facilitating the smooth flow of traffic of goods and international cargo across the countries that adopt this process.” they are announcing the trade of currencies with other countries which will require a reality rate. they are starting international trade with the dinar…they will become internationally recognized through the process of acceptance because of the reserve they have to back it up. they are calling for it to begin now due to its demand and the supply they have to back it up…the rate is not changed right now but they are asking for it to be activated now according to this. Read more…

Adoption of the local currency in commercial transactions boosted worth

Adoption of the local currency in commercial transactions boosted worth

7/21/2014 0:00

BAGHDAD – Hussein al-Tamimi Tgb said financial expert Ali Fukaiki importance of adopting measures trade in local currencies across the border for its role in facilitating the smooth flow of traffic of goods and international cargo across the countries that adopt this process. added in an interview with “morning” that cross-border trade in local currencies in vogue among the countries Read more…

Iraqi Dinar Guru opinions 7-20-14

Iraqi Dinar Guru opinions 7-20-14

7-20-2014 Intel/Newshound Guru Poppy3 [9:53 AM] I WAS TOLD A FEW MINUTES AGO THAT THERE SEEMS TO BE AN AGREEMENT BETWEEN PARTIES THAT REGARDLESS OF WHO THE NEW PRIME MINISTER WILL BE THEY HAVE AGREED TO ASK TURKI TO REMAIN AS THE GOVERNOR OF THE CBI. IF THIS IS TRUE AND I FEEL SURE IT IS THEN IMMEDIATELY AFTER THE PM IS SEATED THE RV IS POSSIBLE AT ANY MOMENT FORWARD. THIS IS GREAT NEWS BECAUSE THAT ELIMINATES US HAVING TO WAIT TO SEE WHO THE NEW PM WOULD APPOINT TO THAT POSITION. I DON’T KNOW ABOUT YOU GUYS BUT MY EXCITEMENT HAS RISEN TO A MUCH HIGHER LEVEL TODAY. Read more…

Control “Daash” on the banks reveal the fragility of the government’s protection of banking institutions

Control “Daash” on the banks reveal the fragility of the government’s protection of banking institutions

2014/7/20 03:41:31 PM

BAGHDAD / Wi-News

Raised the Islamic takeover of state regulation “Daash” on the banking system in the provinces of Nineveh and Salahuddin questions about the implications of that is due out this development on the banking situation in Baghdad and other Iraqi provinces.

The estimated value of the amounts seized by armed groups to organize about 33 million dollars.

MP for the province of Nineveh nostalgia Qadu said that “armed groups, which controls the Mosul captured about nine billion Iraqi dinars from Read more…

Iraqi Dinar guru opinions 7-19-14

Iraqi Dinar guru opinions 7-19-14

7-19-2014 Intel/Newshound Guru Poppy3 TURKI STATED A COUPLE MONTHS AGO THAT RAMADON WOULD NOT EFFECT OR STOP FINANCIAL REFORM. WE ARE AT THE END FOR SURE. IT MAY TAKE LONGER AT THIS POINT THAN WE THINK BUT AT THE WORST WE ARE WITHIN A NATS NOSE OF THE BLESSING FLOWING OUR WAY.

7-19-2014 Newshound Guru wmawhite [has M offically stepped down?] he will just simply not be nominated and then will been officially replace when the vote in parliament takes place. [is M still officially the Prime Minister til the new one gets elected?] IMO, yes Read more…

Iraqi Dinar Guru opinions 7-18-14

Iraqi Dinar Guru opinions 7-18-14

7-18-2014 Intel Guru SteveI The parliament [is] now complete. Iraq has a full sworn in (under oath) parliament. This is huge, actually the best news yet because the completed parliament has the power to move the country forward. Now is the million dollar question, who will be the next Prime Minister of Iraq. I can assure you the the current one is no longer a factor. The Prime Minister is submitted by the largest bloc and yes, the parliament approves him too. The parliament has full control at this point. This again is huge with respect to our investment…the next Prime Minister can appoint a new Governor of the CBI. Read more…

Iraqi Dinar Guru opinions 7-17-14

Iraqi Dinar Guru opinions 7-17-14

7-17-2014 Newshound Guru Millionday TURKI STATED THAT HE WAS NOT WAITING FOR THE BUDGET AND WOULD FUND THE PRIVATE BANKS WITH INTERNATIONAL INVESTMENT FUNDS TO ACTIVATE THE BANKING REFORM — MODERN BANKING… [So cbi is sayin they’re waiting on government but not the budget?] I HAVE NOT SEEN THE ANNOUNCEMENT THAT THEY ARE WAITING ON THE GOV FOR ANYTHING. CBI COULD RELEASE THE VALUE AND SET THE INTERNATIONAL RATES TO THE CURRENCY ON THE GLOBE AT ANY TIME…CBI IS INDEPENDENT. Read more…

Iraqi dinar/Dollar auction results 7-17-2014

Iraqi dinar/Dollar auction results 7-17-2014

Currency auction results Announcement No. (2725)

Was the opening of bids for the Commission on the sale and purchase dollar daily seven hundred and twenty-five millennia after the sale and purchase of foreign currency at the Central Bank of Iraq on Thursday for a brief summary 07.17.2014 and the results were as follows: Read more…

Iraqi Dinar Guru opinions 7-16-14

Iraqi Dinar Guru opinions 7-16-14

7-16-2014 Newshound/Intel Guru BGG The big news is Jubouri was elected as Speaker of the House, and 2 or 3 deputies. Maliki was asked to leave Parliament because he had no business there & was escorted out. When Parliament was sworn in, I think it was the beginning of the end for Maliki. IMO, as soon as this government is seated and settled, one of the first conversations will be financial reform, economic reform and currency reform. Currency reform is not going away. It is a very very public topic. So, once all the roadblocks are out of the way you will see something done about that in very short order. I think in the next few days there will be some resolution to this whole government situation. This is magnificent news for our investment and for Iraq. Good things coming in the next few days. Read more…