Posts Tagged ‘Iraqi Dinar’

Minister of Finance in Washington looking to protect Iraqi funds from creditors

Minister of Finance in Washington looking to protect Iraqi funds from creditors

04/15/2014

BAGHDAD / JD / .. Ministry of Finance announced for talks in Washington on the protection of Iraqi funds after the end of the period of immunity in 05/22/2014, while stressed the need for the adoption of the law offices prudent to do to provide payments for the benefit of Iraq before the courts of Foreign Affairs.
The ministry said in a statement received / JD / copy of it: that the Read more…

The power of the cash reserve to support the value of the national currency

The power of the cash reserve to support the value of the national currency

4/15/2014 0:00

Suri described Balmusdh protective oil price fluctuations
Baghdad – Mostafa Hashemi
represents the economic stability of any country component of equal opportunities for the supply and demand for services in it, where he sees an economist that the presence of stability as well as to isolate external influences and minimize the national economy and revitalize the work of the productive sectors and solving economic problems internal push towards strengthening and enhancing the value of the dinar. overall stability , said economic expert, Read more…

Iraqi Dinar Guru opinions 4-14-14

Iraqi Dinar Guru opinions 4-14-14

4-14-2014 Newshound/Intel Guru Arthur I WOULD HAVE TO SAY THAT ALL THIS SUDDEN BUYING OF ALL THIS ADDITIONAL GOLD WHICH THEY THEMSELVES ARE SAYING IS FOR RAISING THE VALUE DINAR AND ENHANCING THEIR ECONOMY ALONG WITH ALL THESE MEETINGS WITH THE IMF, WB AND WTO PORTENDS REALLY GOOD POSITIVE MOVEMENT IN OUR FAVOR. WE ARE VERY CLOSE TO THE ELECTIONS. WE SHOULD VERY CLOSELY WATCH ALL THESE DAYS LEADING UP TO APRIL 30TH AS THESE CANDIDATES START DOING THINGS TO TRY TO IMPRESS THEIR PERSPECTIVE CONSTITUENCIES. THINGS ARE DEFINITELY HEATING UP AND GETTING EXCITING IMHO. Read more…

Iraqi Dinar Guru opinions 4-13-14

Iraqi Dinar Guru opinions 4-13-14

4-13-2014 Newshound Guru Kaperoni Article: “Iraq announces its intention to buy more gold in the coming months” [Anyone have a clue why they’re so intent on buying that much gold lately?] They want to support monetary policy. This includes stabilizing the exchange rate (which would mean meeting IMF conditions) and selling gold to citizens in dinar which will strengthen the currency by reducing the money supply. This is all good. Read more…

CBI: 90 trillion dinars size of the financial reserve

CBI: 90 trillion dinars size of the financial reserve

Wrote: April 13, 2014

The Central Bank of Iraq that the size of the hard currency reserves amounted to the equivalent of ninety trillion dinars end of February.

The bank predicted in a statement that the continuation of the increase is not large proportions not being able to reach the billion barrier percent, ruling that reached the reserve of hard currency a Read more…

New banknotes in Iraq to be printed

New banknotes in Iraq to be printed

13 Apr 2014

The central bank of Iraq has announced that printing new banknotes with new photos, confirming that the current banknotes shall be used now and future.
It has also added that the new banknotes will help the blind to recognize its price. New security and anti-forgery signs were added, as reported.
On November 2013, the CBI announced intention to put into circulation Read more…

Sales of dollars increased for Central Bank of Iraq on end of week’s auction

Sales of dollars increased for Central Bank of Iraq on end of week’s auction

Posted, 13 Apr 2014

Sales of dollar by the Central Bank of Iraq and purchase of other foreign currencies rose on today’s meeting to 194 million and 938 thousand dollars, after only hit on yesterday session the level of 174 million 383 thousand dollars at a stable exchange price of / 1166 / dinars per dollar.

In a statement, Central Bank of Iraq said, “The demand for dollar was Read more…

Iraqi Dinar Guru opinions 4-12-14

Iraqi Dinar Guru opinions 4-12-14

4-12-2014 Newshound Guru Millionday CBI is here in Washington and having a meeting with the US — World Bank- IMF and economic leaders from all over the globe…they are saying that all results of how they are going to activate the entire economic reform will be done within two days (couple) so we would think the banking reforms, monetary policy, banking regulations…they didn’t not specifically say the rv but they would have to throw in reality value in there as well somewhere for it to work correctly. Read more…

Iraqi Dinar Guru opinions 4-11-14

Iraqi Dinar Guru opinions 4-11-14

4-11-2014 Newshound Guru tlm724 Article: “Economists: speculators profit from the sales of “dollar auction” 216 million” Quote: “warned of suspicious transactions through an auction sale of the currency” well I don’t know about auction corruption but what I do know is that Turki is making his move! Buying gold and backing the “real” value of the dinar which I hope he will reveal soon! Read more…

Iraqi Dinar Guru opinions 4-10-14

Iraqi Dinar Guru opinions 4-10-14

4-10-2014 Newshound Guru Kaperoni Article: “With ready Central to launch other amounts, including six categories of” I don’t think they plan to make the larger notes everyday on the street. As the one article the other day said..the “250, 500 and 1000 are only for circulation daily” This makes sense if they plan to raise the value…which we know they are. I will be excited when the economic laws are passed and the CBI is in compliance. I then will know we are close to a float and Article VIII. Read more…

Finance: let the CBI improve the status of the dinar against other currencies

Finance: let the CBI improve the status of the dinar against other currencies

April 10, 2014 9:52 Last Updated: April 10, 2014 9:52

Finance: let the CBI improve the status of the dinar against other currencies
Announced the parliamentary Finance Committee that the Iraqi dinar stable, stressing that the central bank has to manages to improve the situation of the Iraqi dinar against other currencies. Said committee member MP Hassan al-Bayati said that “the Iraqi dinar is not in its right and true, and the Central Bank of Iraq to take appropriate measures to improve and put it in Read more…

D. The appearance of Mohammed Saleh: new editions of the coin challenge of fraud

D. The appearance of Mohammed Saleh: new editions of the coin challenge of fraud

4/10/2014 0:00

With ready Central to launch other amounts, including six categories of
Baghdad – the joy of pumice in line with steps taken by major countries to protect their currencies traded in the market, stepping CBI about cemented the national currency, which promised financial expert specialist “new generation” of the coin carries all international standards, assured citizens that there was no negative repercussions for this important step. was the Iraqi Central Bank announced yesterday Read more…

Iraqi Dinar Guru opinions 4-9-14

Iraqi Dinar Guru opinions 4-9-14

4-9-2014 Intel Guru Delta [via anonymous] Today the CBI made an announcement that many people took as bad when it really is very good news. The translation is the best way to fight corruption is added security in the 250, 500 and 1000 notes. This better paper and added security features will make the currency last longer, and stop counterfitting. New markings on the 5000, 10,000 and 25,000 will help the blind differentiate between notes and new security features added that can only be seen with a blue light.

4-9-2014 Intel Guru Delta The notes we have will remain legal tender and co-exist with the new currency!!! When the CBI revalues the dinar, our currency will still be legal tender to the CBI…IMO, for well beyond 2 years. So why is the CBI printing new 3 zero notes? They need it for transactions with nations…They need the large bills for large financial Institution transactions. this announcement about the new currency is the best news for our investment and it should make us all very happy. Read more…

Iraqi Central Bank may buy more gold in the coming months

Iraqi Central Bank may buy more gold in the coming months

Posted, April 9th, 2014 23:40

BAGHDAD / translation Baghdadi News / .. He said Iraqi Minister of Finance Agency today, on Tuesday, on the sidelines of a meeting of Arab finance ministers in Tunisia, said that “the Iraqi Central Bank may buy more gold in the coming months based on the needs of the investment.” Mazkrth according to Reuters news agency.
The CBI had said in a statement that it had bought 36 tonnes of gold last month in an effort to stabilize the exchange rate of the Iraqi dinar against Read more…

Iraqi Dinar Guru opinions 4-8-14

Iraqi Dinar Guru opinions 4-8-14

4-8-2014 Intel Guru EXOGEN [what is stopping Iraq from printing all new currency, which they supposedly have done, get rid of their old currency, which they have done as best they can off the streets of Iraq and just cancel that currency and support only their LD’s?] THE LD’S ARE ALREADY OUT IN IRAQ. WE TRACKED THE SHIPMENTS LAST YEAR AS THEY WERE BEING DELIVERED WITH SECURITY. THE LD’S JUST STARTED CIRCULATING AS CITIZENS AND BANKS WERE GETTING PISSED OFF, AND THERE ARE NOW SEVERAL DIFFERENT RATES ON THE QI CARDS IN IRAQ AS OF RIGHT NOW. Read more…

Iraqi Dinar/Dollar auction results 4-8-2014

Iraqi Dinar/Dollar auction results 4-8-2014

Currency auction results Announcement No. (2646)

Was the opening of bids for the Commission on the sale and purchase dollar daily six hundred and forty-six after two thousand to buy and sell foreign currency at the Central Bank of Iraq on Tuesday for a brief summary 08.04.2014 and the results were as follows: Read more…

Central Bank re-printed banknotes Iraqi “pictures of new and more protection”

Central Bank re-printed banknotes Iraqi “pictures of new and more protection”

Tuesday April 8, 2014 13:08

Alsumaria News / Baghdad
Central Bank of Iraq, on Tuesday, re-printed banknotes Iraqi pictures of new and superior protection, and in the time that indicated that the currency will continue to be traded now, confirmed that the new currency will help the blind to see the value of these categories. , the bank said in a statement received “Alsumaria News”, a copy of it, he was “re-print the new series of banknotes Read more…

Central distribute Iraqi funds abroad between different banks

Central distribute Iraqi funds abroad between different banks

Tuesday, April 8th, 2014 16:40

BAGHDAD / Baghdadi News / .. Central Bank has taken swift action to protect Iraqi funds abroad include distributed between different banks for the purpose of protecting it from creditors by some doubtful debts, after the U.S. government announced
United expiration of the protection of Iraqi funds in Read more…

Sell ​​gold to the public strengthens the dinar

Sell ​​gold to the public strengthens the dinar

8/4/2014 0:00

Baidhani described monetary policy successful
Baghdad – Mostafa Hashemi said the academic economic Dr Majid Baidhani that a central bank to activate the monetary policy tools and the willingness to sell gold to the public would be granted Iraqi dinar greater strength as well as it reduces the dollarization phenomenon experienced by the economy. added Baidhani in a statement (morning): The adoption of this measure requires increasing the Central Bank reserves of gold as a cover for the currency, and the Read more…

Iraqi Dinar Guru opinions 4-7-14

Iraqi Dinar Guru opinions 4-7-14

4-7-2014 Intel/Newshound Guru American Contractor …the April 30th elections are still on for now. Although, it was nearly called off after the members of the Iraq Election Commission resigned. The reason being, they protested the written language inside the election law. The law stated candidates must be “of good reputation.” This gave political parties leverage to remove opponents from the election political process. The Election board members have withdrawn their group resignation and went back to work. I expect that there will be more incidents like this as we get closer to April 30th. My prediction is that Prime Minister Nuri Maliki will remain after the elections. I could be wrong, however, Prime Minister Maliki is working non-stop in keeping his position. Read more…