Posts Tagged ‘Iraqi Dinar’

Iraqi Dinar/US Dollar auction results for today 9-10-2024

Iraqi Dinar/US Dollar auction results for today 9-10-2024

Foreign exchange window results for Tuesday 9/10/2024
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Iraq’s financial revenues exceed 77 trillion dinars in 7 months of 2024

Iraq’s financial revenues exceed 77 trillion dinars in 7 months of 2024

2024-09-10 02:47

Shafaq News/ The Ministry of Finance revealed on Tuesday that the size of Iraqi revenues in the federal budget during 7 months exceeded 77 trillion dinars, confirming that the oil contribution to the budget remains around 89%.

Shafaq News Agency followed the data and tables issued by the Ministry of Finance Read more…

Iraqi Dinar Guru opinions 9-9-2024

Iraqi Dinar Guru opinions 9-9-2024

9-9-2024 Newshound/Intel Guru Mnt Goat I was…told Wednesday in my conversation with my CBI contact that Baghdad now has installed the huge TV screens…They also told me that they are getting ready to broadcast the swap out of the currency video…they do not expect to conduct the swap out until late this year, after the US elections and my information tells me that January is most appropriate. Read more…

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

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

Foreign exchange window results for Monday 9/9/2024
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Citizen and exchange rate

Citizen and exchange rate

09/09/2024

In economics, the external value of a currency lies in the presence of a balance or surplus in the current account of the balance of payments relative to the gross domestic product, which should indicate a stable state at a minimum, not less than 4 percent annually. To achieve this goal, it is necessary to rely on a sustainable increase in the annual growth rate of the gross domestic product, provided that Read more…

Iraqi Dinar Guru opinions 9-8-2024

Iraqi Dinar Guru opinions 9-8-2024

9-8-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Sudani says we are in the final stages of the education phase on the monetary reform. I went to Mr. Sammy [Bank Manager Friend] and I said, ‘What happens next?’ He said after the monetary reform education, the lower notes will come out. But first the commercials will show them to you. He seems to think it’s the upcoming next year for some reason. FRANK: The reason why he is saying this is because he is aware that the CBI will meet with the United States Treasury at the end of this year. He may be thinking we need that meeting. IMO I strongly disagree. I still look forward to Alaq returning from New York with a new exchange rate that everyone is agreeing upon…IMO the commercials are next…because they are already produced and ready to be released. Read more…

Iraqi Dinar/US Dollar auction results for today 9-8-2024

Foreign currency sales window results for Sunday 9/8/2024
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Iraqi Dinar Guru opinions 9-7-2024

Iraqi Dinar Guru opinions 9-7-2024

9-7-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
New commercials on TV about global partnership and stability and security of our economic future. One after another commercials are saying we are stable and secure and how we are open for International companies to come in and invest in Iraq…The whole world is pouring in…This is happening at a very fast pace and we don’t even have Alaq here in our country. Read more…

Parliamentary Finance: Manipulation of budget tables amounts to more than 14 trillion dinars

Parliamentary Finance: Manipulation of budget tables amounts to more than 14 trillion dinars

9-7-2024

Information/Special..
Member of the Finance Committee, Hussein Mounes, confirmed today, Saturday, that the manipulation that occurred in the 2024 budget tables amounted to more than 14 trillion dinars.

Mounes said in a statement to Al-Maalouma Agency, “The Prime Ministry sent a letter to the House of Representatives about the existence of manipulation Read more…

Iraqi Dinar Guru opinions 9-6-2024

Iraqi Dinar Guru opinions 9-6-2024

9-6-2024 Intel Guru yada …It has been a week since the 95% of the banks in Iraq were activated to handle all the foreign currencies for business and trade. Im of the mind they were monitoring the movements of the currencies for the region and hence the expectation for any moment of us to exchange. Read more…

Iraqi Dinar Guru opinions 9-5-2024

Iraqi Dinar Guru opinions 9-5-2024

9-5-2024 Newshound Guru Militia Man Article quote: “All the currencies Iraq will be doing business with are now in compliance with the international standards and traded on the Forex…” With respect to that, I think it’s time for everybody to sit back, relax, watch it as it happens…We’re all excited. Maintain some groundedness because I believe there’s no stopping this at this stage of the game. They have so much they’re telling us…It’s truly amazing… Read more…

Iraqi Dinar/US Dollar auction results for today 9-5-2024

Iraqi Dinar/US Dollar auction results for today 9-5-2024

Foreign exchange window results for Thursday 9/5/2024
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Iraqi Dinar Guru opinions 9-4-2024

Iraqi Dinar Guru opinions 9-4-2024

9-4-2024 Newshound/Intel Guru Mnt Goat …Iraq told us all about how they fully intend to get back the “glory days of dinar” and so…Yes, simply put, they are doing it… at this point the pieces are all aligning so nicely…it’s all about implementing the Financial Reforms and then comes the Project to Delete the Zeros followed by the Reinstatement. You can’t do one without the other… it certainly “is not all done”… the path to the reinstatement is crystal clear… you can see the writing is on the wall. I don’t say this lightly either. We are just about there… Read more…

Iraqi Dinar/US Dollar auction results for today 9-4-2024

Iraqi Dinar/US Dollar auction results for today 9-4-2024

Foreign currency sales window results for Wednesday 9/4/2024
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Iraqi Dinar Guru opinions 9-3-2024

Iraqi Dinar Guru opinions 9-3-2024

9-3-2024 Newshound/Intel Guru Mnt Goat …I was told [by CBI contact] once again the process will begin with “EDUCATION” followed by “ACTION”… Yes, we have seen some of it already but there is more to come… Also…the necessity of the parallel market to get very close, if not matching, to the official CBI rate. We are watching for this and it has not yet reached its goals. Read more…

Iraqi Dinar/US Dollar auction results for today 9-3-2024

Iraqi Dinar/US Dollar auction results for today 9-3-2024

Foreign exchange window results for Tuesday 9/3/2024
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Iraqi Dinar Guru opinions 9-2-2024

Iraqi Dinar Guru opinions 9-2-2024

9-2-2024 Newshound Guru Militia Man Article: “After the success of the recent negotiations in Washington…the Central Bank succeeded…in diversifying the basket of commercial currencies. Indicating this will lead to a significant decrease in the demand for the dollar…This meeting with…the Central Bank of Iraq…US Federal Reserve and US Treasury, which lasted for 3 days…” Commercial currencies with the Iraqi dinar. They’re not going to do that at 1310…When things change everybody’s going to be ready to do business with Iraq. Read more…

Iraqi Dinar/US Dollar auction results for today 9-2-2024

Iraqi Dinar/US Dollar auction results for today 9-2-2024

Foreign exchange window results for Monday 9/2/2024
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Iraqi Dinar Guru opinions 9-1-2024

Iraqi Dinar Guru opinions 9-1-2024

9-1-2024 Newshound Guru Militia Man Article: “The Central Bank announces the participation of 13 Iraqi banks in foreign transfer in multiple currencies” Friday afternoon…10pm in Baghdad, article hits the wires. Quote: “Delegation in New York announces the start of the new phase of external transfers…facilitating international transfers” If Iraq is going to be dealing with the Euro, the Chinese Yuan, Indian Rupee, the UAE Durham they’re probably going to have to have Article VIII compliant currency that’s acceptable globally, traded on the Forex… This is big. Why do they come out on a Friday? Read more…

Iraqi Dinar/US Dollar auction results for today 9-1-2024

Iraqi Dinar/US Dollar auction results for today 9-1-2024

Foreign currency sales window results for Sunday 9/1/2024
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