Posts Tagged ‘Iraqi Dinar’

Iraqi Dinar Guru opinions 5-22-14

Iraqi Dinar Guru opinions 5-22-14

5-22-2014 Newshound Guru Kaperoni Article: “Al-Maliki himself as Prime Minister for a third session, reaching out to the Kurds and Sunnis” [Well, there you have it. Maliki has co-opted the entire nomination process and put himself up for PM. I can’t wait to see what the folks in his own party have to say about it.] And so many thought he would just pack and leave town. This even surprises me as he has gone beyond squatting and given himself the title.

5-22-2014 Newshound Guru Millionday CBI has control over the value and the international rates — it is their job — CBI can place the value and also the exchange rates. Read more…

Industrial Bank confirms plans stop supporting the Iraqi Industrialists due to the delay in approving the budget

Industrial Bank confirms plans stop supporting the Iraqi Industrialists due to the delay in approving the budget

05/22/2014 16:44

Tomorrow’s Press / Baghdad: The head of the Industrial Bank of the Iraqi Ministry of Finance’s Mohamed Abdel Wahab, said Thursday that plans for the bank to support Iraqi Industrialists stopped because of the delay in approving the federal budget. said Abdul and inflaming for “tomorrow’s Press”, “The delay in approving the federal budget for the current year Holiday plans adopted by the bank in order to support the largest number of industrialists in Iraq and the development of their projects by 60 billion Read more…

Iraqi Dinar Guru opinions 5-21-14

Iraqi Dinar Guru opinions 5-21-14

5-21-2014 Newshound Guru Millionday Article quote: “The Ministry of Finance all measures to protect Iraqi funds with the approach of lifting the immunity of the U.S…” this was reported today that all protection will be lifted from the US and that it still will be on the 22nd of this month according to this. they are still negotiating debt settlement as if the protection is ending on the 22nd of this month so very different than some reports coming out of some sources. according to this — they do not want to wait because of the investment agreements made and the progress they have made — huge news that they want to move forward as they have planned. Read more…

Iraqi Dinar Guru opinions 5-20-14

Iraqi Dinar Guru opinions 5-20-14

5-20-2014 Intel/Newshound Guru Poppy3 Letter to the Congress — Continuation of the National Emergency with Respect to the Stabilization of Iraq: “…the national emergency with respect to the stabilization of Iraq that was declared in Executive Order 13303 of May 22, 2003, is to continue in effect beyond May 22, 2014.” …I TOLD YOU BEGINNING TWO WEEKS AGO IF THEY DIDN’T RELEASE THE RV PRIOR TO THAT DEADLINE OF THE 22ND THEN ALL THESE OTHER COUNTRIES THEY OWE WAR RETRIBUTION WILL SUE AND TAKE ALL THAT MONEY. ALL THESE COUNTRIES ARE STILL DEMANDING THE RV SO THEY CAN EXCHANGE THE AMOUNTS THEY TOOK AFTER FORGIVING AS MUCH AS 60% OF WHAT THEY WHERE OWED AND TOOK DINAR IN PLACE . Read more…

Iraqi Dinar Guru opinions 5-19-14

Iraqi Dinar Guru opinions 5-19-14

5-19-2014 Newshound Guru Tlar Maliki is finished. There are certain articles that continue to appear that he has a chance but even those are beginning to wain. Numerically the odds are totally against him. The voting results will be either announced Monday or Tuesday. They will be official. It is rumored that the 2 million ballots he stole were passed out to the military giving 2 million soldiers 2 ballots each with which to vote for Maliki. It is also reported that Maliki sent emmissaries illegally to trade plots of Iraqi land for votes, and money in country and overseas to buy votes in Iraq and from Iraqi’s all over the world. He could not overcome the coalition even breaking the law. Read more…

Iraqi Dinar Guru opinions 5-18-14

Iraqi Dinar Guru opinions 5-18-14

5-18-2014 Newshound Guru Kaperoni Article: “New Issue of 2013 with Extra Security Features and extra circle on the Left side for disabled and blind people to know the denomination of the currency they carry” [if the reason they are producing new notes is to curb “counterfeiting”, what’s to stop them from declaring all the old notes “counterfeit” thereby screwing us all?] There is a whole bunch…articles on how the currency will not expire. Here is a quote..”the banknotes current will continue trading with the new will not be pulling rolling them now or in the future.” Keep in mind this is a countries currency were talking about not some photocopied play money. The CBI takes monetary policy very serious and so does the IMF. Countries that are emerging with huge economic potential don’t play monetary games. Read more…

Iraqi Dinar Guru opinions 5-17-14

Iraqi Dinar Guru opinions 5-17-14

5-17-2014 Newshound Guru Enorrste Article: “In order to revive the Iraqi economy experts: the diversity of the currency basket is the best solution to address the low value of the dinar against other currencies” In my opinion this article is discussing how to tie the dinar into the world economy after it finds equilibrium rather than as a means to create an artificial value…the economist is stating that one of the best solutions to solving the low value of the dinar, and to bring it to a “real value,” is to float it against “the diversity of the reserve with the Central Bank.” It is this float that “will make us deal” with the true value of the dinar…he specifically states that before moving to a basket of currencies the dinar must be allowed to float based on “all economic activities” rather than just on an economy based on oil production. Read more…

Industrial Bank puts new controls for the granting of loans amounting to 15 million dinars

Industrial Bank puts new controls for the granting of loans amounting to 15 million dinars

17/05/2014 11:32

Baghdad – and babysit – A source at the Industrial Bank of the Ministry of Finance on Saturday, all the terms and conditions set for the granting of loans for citizens amounting to 15 million dinars; projects are aimed at supporting small income-generating.
The source said in a statement received news agency public opinion (and babysit) a copy of it, he was “counting on a new mechanism for the granting of loans worth 15 million dinars, which is granted for Read more…

Iraqi Dinar Guru opinions 5-16-14

Iraqi Dinar Guru opinions 5-16-14

5-16-2014 Newshound Guru Kaperoni Article: “In order to revive the Iraqi economy experts: the diversity of the currency basket is the best solution to address the low value of the dinar against other currencies” People don’t understand there is no benefit for Iraq to RV the dinar. A gradual appreciation from 1166 is very profitable for Iraq as the dinar rises, the CBI buys/sells controlling the pace as a monetary tool receiving commissions just like they do now with the currency auctions. What incentive would the CBI have to RV and pass up that financial opportunity? None. Read more…

Iraqi Dinar Guru opinions 5-15-14

Iraqi Dinar Guru opinions 5-15-14

5-15-2014 Newshound Guru Millionday Report Quote: “The Ministry of Finance, said on Wednesday that it would not seek renewal of American protection to Iraqi funds deposited in their banks, to assume the CBI liability management after coming out of Chapter VII of the Charter of the United Nations…” this reports gives us alot of info — first that the coverage of funds will not be extended. Iraq wants the globe to have confidence in the country and their ability to maintain their own funds understandably. they are going to have international banking…and no one is concerned with the accounts they have with their control being given to Iraq. Read more…

Iraqi Dinar Guru opinions 5-14-14

Iraqi Dinar Guru opinions 5-14-14

5-14-2014 Newshound Guru Kaperoni Article: “Minister: Turkey starts sale of Kurdish oil to global markets” First we need further confirmation that in fact the Kurds are selling oil and Baghdad agrees, second, all it would do is provide an agreement so parliament can get back to work and start passing laws/the budget etc. It is pretty clear…that nothing will happen with the currency until after the elections are settled. Read more…

Iraqi Dinar Guru opinions 5-13-14

Iraqi Dinar Guru opinions 5-13-14

5-13-2014 Intel/Newshound Guru Poppy3 IF YOU GUYS HAVE LISTENED TO THE ALABAMA NEWS REPORT, THE NEWS MEDIA SAID THE BIGGEST RUMOR THAT HAS ZERO TRUTH TO IT IS A GCR. REMEMBER WHAT OLD POPPY3 POSTED LAST MONTH AND AGAIN A COUPLE DAYS AGO: THERE WILL NOT BE A GCR AS MANY WANT YOU TO BELIEVE.THAT [NEWS] REPORT WAS SO INCOMPLETE IT WAS FUNNY ON MANY POINTS. THESE PEOPLE REPORTING HAD NO IDEA THE SITUATION IN IRAQ AND WHEN THE GUY SAID SOMETHING LIKE THIS HAS NEVER HAPPENED I THOUGHT…WHERE DID THEY GET THIS [GUY]. THIS HAS HAPPENED MANY TIMES, IN FACT 7 TIMES WHERE COUNTRIES HAVE BEEN LIBERATED BY WAR… Read more…

Iraqi Dinar Guru opinions 5-12-14

Iraqi Dinar Guru opinions 5-12-14

5-12-2014 Newshound Guru Tlar Article: “Inside Iraq within the agreement « leaning back FATCA” Quote: “Saleh said in a statement ( morning) that this work gives immunity mutual agreement of both Iraq and the United States in the field of taxes and follow the movement of money in addition to that it increases the transparency in the exchange of information between the two sides of government.” Things like this only lend credibility to an RV coming. IMO this is a law that is intended to stop anyone thinking of going to Iraq to cash out. It is not specifically written for that but it opens the door for the US to inquire about any US citizen’s private bank account in Iraq. So any of you that were thinking of going to Iraq to avoid paying taxes in the US, BEWARE. Read more…

Iraqi Dinar Guru opinions 5-11-14

Iraqi Dinar Guru opinions 5-11-14

5-11-2014 Newshound Guru Millionday there is a major ISX conference coming up on May 14th and 15th…they are marketing and also informing all about the ISX… for investors to have access to the isx — they have to be internationally recognized and also they have to be compliant with global trade laws and regulations — the isx in order to be hooked to the global stock markets has to be set with a reality rate due to the pairing with all international currencies that will occur for the figures for trade on the market and off — they have to have a reality rate to enter the world stock markets. [will the rv/ri occur prior to this meeting?] the meeting is informative but if the rate will be set before or not we do not know in ink yet. Read more…

Iraqi Dinar guru opinions 5-10-14

Iraqi Dinar guru opinions 5-10-14

5-10-2014 Newshound Guru Kaperoni …those who keep posting the dinar will RV/RI or go up in value, today, tomorrow or even within 60 days are nuts. You have a country with close to 1/3 of its demographic controlled by terrorists. These terrorists are destroying the infrastructure, bridges, roads, buildings, electric, waterways and as this article states..they control these banks. You think that the CBI is going to raise the value during all of this? While they still are not in compliance with the IMF? Not happening. I said it over and over, watch the GOI, watch Parliament. The economic reform laws and banking laws need to pass. As well this terrorist issue needs to be resolved. And the CBI needs to meet the conditions set forth within the Article IV Consultation from May 2013. Nothing happens fast in Iraq. Everyone needs to relax and plan for late 2014 at best. Read more…

Trial opens in alleged currency fraud scheme 3 accused of $23M scam in Iraqi dinars

Trial opens in alleged currency fraud scheme 3 accused of $23M scam in Iraqi dinars

Posted, 5-10-14, Published: Wednesday, 5/7/2014

BY JENNIFER FEEHAN
BLADE STAFF WRITER

Crooks or businessmen? That’s what a jury will have to decide in the next few weeks as the trial of three area men charged in a $23 million fraud scheme unfolds in U.S. District Court.

The trio is accused of selling Iraqi currency, the dinar, and placements in two nonexistent hedge funds using false statements to lure investors. Charged in the alleged conspiracy are Read more…

Iraqi Dinar Guru opinions 5-9-14

Iraqi Dinar Guru opinions 5-9-14

5-9-2014 Newshound Guru Kaperoni Article: “Decline in central bank sales of dollar at the end of the auction week” We will have to wait and see if they remain low. It makes no sense when these banks are currently nothing more than money exchangers so commissions are important to them. We can guess that the issuance of new dinar may have curbed some desire to use dollars in the market. But the Iraqi economy still needed dollars for imports. Why they are low is anyone’s guess but these auctions are important to maintain the exchange rate and…to reduce the spread from Official Rate to Market Rate. If anything, I was expecting the number of banks and money exchangers participating to increase over the coming weeks – not decrease. Read more…

Iraqi Dinar Guru opinions 5-8-14

Iraqi Dinar Guru opinions 5-8-14

5-8-2014 Intel Guru TD First of all there has been NO RI or any rates appearing at “select countries” or banks. Second, a new government will be formed (without Maliki) shortly after May 26th. 3rd) Turki is staying on no matter what and the CBI has agenda items to rollout in June. One can only hope that currency reform in some form or another is on the list… Read more…

Iraqi Dinar Guru opinions 5-7-14

Iraqi Dinar Guru opinions 5-7-14

5-7-2014 Intel/Newshound Guru Poppy3 I CAN’T DIVULGE THE DIRECT INFORMATION OR WHERE IT CAME FROM BUT HEARING THE NEXT 48 HOURS COULD PROVE TO BE AWESOME FOR US. BEING TOLD THIS CAN BE DONE REGARDLESS OF ANY POLITICAL SITUATION. THEY WANT THIS NOW NOT LATER. THE QUESTION IS CAN THEY DO IT BEFORE THE POLITICAL
SITUATION CAN FIND SOME WAY TO STOP THE PROCESS. TIME WILL TELL. Read more…

400 trillion dinars, the need for Iraq to achieve growth

400 trillion dinars, the need for Iraq to achieve growth

07.05.2014 (0:01 pm)

BAGHDAD / long-Presse

The Ministry of Planning and Development Cooperation of Iraq, to ​​achieve justice in the growth of all parts of Iraq requires securing about 400 trillion dinars, indicating that this estimate was calculated on the basis of the size of government investment during the five years from 2013 to 2017.
The Minister of Planning and Development Cooperation Read more…