Posts Tagged ‘Iraqi Dinar’

Iraqi Dinar/Dollar auction results 2-5-2014

Iraqi Dinar/Dollar auction results 2-5-2014

Currency auction results Announcement No. (2593)

Was the opening of bids for the Commission on the sale and purchase dollar daily five hundred and ninety-three and two thousand to buy and sell foreign currency at the Central Bank of Iraq on Wednesday 02.05.2014 and the results were as follows: Read more…

Iraqi Dinar Guru opinions 2-4-14

Iraqi Dinar Guru opinions 2-4-14

2-4-2014 Newshound Guru Millionday We see that the retirement law is done…Published in the official gazette and implemented this law from the date of 01.01.2014. They published it to begin the beginning of the fiscal year as they are claiming that all is to be with the calendar year as well. They will get back pay and begin with the calendar year — wow hope that is the budget as well — they said they have plenty of time with it being five days — makes you wonder what is at the end of that time — very interesting timeline they are stating. Najafi had a closed door meeting and they postponed the budget yesterday to give five days for all to work out disagreements etc — so in five days it will be back on table. Read more…

Iraqi Dinar/Dollar auction results 2-4-2014

Iraqi Dinar/Dollar auction results 2-4-2014

Currency auction results Announcement No. (2592)

Was the opening of bids for the Commission on the sale and purchase dollar daily five hundred and ninety-two millennia after the sale and purchase of foreign currency at the Central Bank of Iraq on Tuesday for a brief summary 02.04.2014 and the results were as follows: Read more…

Iraqi Dinar Guru opinions 2-3-14

Iraqi Dinar Guru opinions 2-3-14

2-3-2014 Newshound/Intel Guru BGG Article: “35 trillion dinars in circulation” HUGE ARTICLE!! Looks like to me, they are looking to reduce the amount of currency in circulation. This says good things for us in the future. Once you get past the “timing issue” – there is no way they are lining up for a LOP. Read more…

Iraqi Dinar/Dollar auction results 2-3-2014

Iraqi Dinar/Dollar auction results 2-3-2014

Currency auction results Announcement No. (2591)

Was the opening of bids for the Commission on the sale and purchase dollar daily five hundred and ninety-one and two thousand to buy and sell foreign currency at the Central Bank of Iraq on Monday for the day on 03.02.2014 and the results were as follows: Read more…

Reduce dollarization enhances confidence in dinars

Reduce dollarization enhances confidence in dinars

3/2/2014 0:00

Baghdad – Mostafa Hashemi
witnessing the domestic market since the eighties and nineties of the last century a decline in confidence in dinars and replacing it in most business dealings internal and external dollars are devoted to the continued existence of this case among the citizens.
, and has contributed to this phenomenon is the emergence of Read more…

Iraqi Dinar Guru opinions 2-2-14

Iraqi Dinar Guru opinions 2-2-14

2-2-2014 Newshound/Intel Guru Eagle1 The last few days have been filled with some interesting events behind the scenes. We’ve seen the Bank of Baghdad begin selling its stock shares on the ISX at something like $7.19/share. The hilarious thing is that on the Iraqi Stock Exchange, the shares list at 2.09 IQD. When you do the math, it works out to $3.44 per Dinar. That is consistent with a report that came from a Senior VP at Chase who reported to us yesterday that he was seeing the new rates for the GCR on his administrative screens. The Dinar was listed at $3.44. Read more…

Iraqi Dinar/Dollar auction results 2-2-2014

Iraqi Dinar/Dollar auction results 2-2-2014

Currency auction results Announcement No. (2590)

Was the opening of bids for the Commission on the sale and purchase dollar daily five hundred and ninety two thousand to buy and sell foreign currency at the Central Bank of Iraq on Sunday, the day on 02.02.2014 and the results were as follows: Read more…

Yale Grad Trusts in Bank of Baghdad to Help Deliver Returns

Yale Grad Trusts in Bank of Baghdad to Help Deliver Returns

02 Feb 2014

For Grant Felgenhauer, a money manager whose hedge fund owns $110 million of Iraqi equities, the 15 explosions that reverberated across the country in a single day earlier this month weren’t a reason to stop buying.
“The Iraq that is unfolding in Baghdad is not the Iraq you read about in the headlines,” Felgenhauer, a portfolio manager at Euphrates Iraq Fund Ltd., said in a Jan. 16 phone interview from the nation’s capital. “The opportunities offered by Iraqi equities overshadow anything else we see in the world today.”
The Yale University graduate, who formerly traded Read more…

Specialize: the central bank will control the gold market and break the monopoly of traders

Specialize: the central bank will control the gold market and break the monopoly of traders

02.02.2014 (0:01 pm)

BAGHDAD / Acer Jabbar

Counting economists and specialists, that the central bank’s move to sell gold coins to investors and segments of society is the step “a good leader”, stressing that it will work to control the gold market and help support the Iraqi economy, and as pointed out that the increase in demand for buying gold, “indicating a recovery situation of living of the citizens, “stressed that the Iraqi market imports about” 5 tons of gold per month which is the largest amount in Read more…

Proposal .. Set up a fund called petro dinar

Proposal .. Set up a fund called petro dinar

02/02/2014

BAGHDAD / JD / .. Finance Committee unveiled a proposal to set up a fund called the Label (petro dinars), exaggeration distributed to the provinces on the basis of Mahromep.
The head of the Committee Haider Abadi, during a press conference at Parliament House attended by the agency / JD / There is a proposal to set up a fund called petro dinars, explaining: This Read more…

Budget amounted to 170 trillion after adjusting petro-dollar to $ 5

Budget amounted to 170 trillion after adjusting petro-dollar to $ 5

02/02/2014

BAGHDAD / JD / .. Revealed the Finance Committee for adjust the amount of the budget after the lifting of the petro-dollar to $ 5, while confirming that the size of the budget amounted to 170 trillion and 411 billion dinars.
A member of the MP Magda al-Tamimi told / JD /: that the size of the budget in 2014 amounted to 170 trillion and 411 billion dinars after the decision of the Council of Ministers containing Read more…

35 trillion dinars, the volume of cash in circulation

35 trillion dinars, the volume of cash in circulation

2/2/2014 0:00

Selling gold to the citizens aims to be towed
Baghdad – Mostafa Hashemi
longer sell gold bullion to the public of important issues in maintaining the stability of prices and the withdrawal of liquidity from foreign currency amounting to – according to an official – 35 trillion Iraqi dinars and converted into the origins of the precious metal as a measure to curb inflation in Iraq .
was the central bank has decided recently Read more…

Scaling the phenomenon of amplification enhances the dinar exchange rate

Scaling the phenomenon of amplification enhances the dinar exchange rate

2/2/2014 0:00

Specialist: the monetary policy of the leading economic policies
BAGHDAD – Hussein al-Tamimi Tgb
encircle the problems of monetary policy has become the focus of most of those concerned with financial, in order to reach the financial sector works of running a court check the economic viability of the country and promote all sectors so they can create the economy of multi-resource. economic stability competent Rei financial Samir Nasiri said that monetary policy is one of the most prominent economic policies aimed at achieving economic stability and stabilization of the exchange rate, which in turn increases Read more…

Iraqi Dinar Guru opinions 2-1-14

Iraqi Dinar Guru opinions 2-1-14

2-1-2014 Newshound Guru Millionday [If the Budget gets passed what will that do for us?] it will begin the movement of all international contracts and also province contracts and money — the movement of money and distribution will demand the economic and monetary reform. so we are on the right track and by no means have made a bad choice so hold on because it is rolling and this is great. Read more…

Iraqi Dinar/Dollar auction results 2-1-2014

Iraqi Dinar/Dollar auction results 2-1-2014

Currency auction results Announcement No. (2589)

Was the opening of bids for the Commission on the sale and purchase dollar daily five hundred and eighty-nine and two thousand to buy and sell foreign currency at the Central Bank of Iraq on Saturday, which falls 01.02.2014 and the results were as follows: Read more…

Statistics: auction sales dollar rise in the central bank in the first month of the year 2014

Statistics: auction sales dollar rise in the central bank in the first month of the year 2014

February 1, 2014 09:45

[Baghdad – where]

R Tft dollar sales at the central bank auction during the month of January as it was, according to statistics compiled by all of Iraq [where] 3 billion and 423.443 million compared to $ 3 billion, 58 million and 191 000 dollars in December.

But sales last month were still without sales recorded in most of the Read more…

Iraqi Dinar Guru opinions 1-31-14

Iraqi Dinar Guru opinions 1-31-14

1-31-2014 Newshound/Intel Guru BGG I have good sources that say there are at least 5 or 6 plans that have been discussed. I am not so sure they have decided on an end result yet. I heard different numbers from $1, $1.25 to $1.50 that is entirely believable as an entry place and it could be really low. I have talked to some very good economists and if it comes out in that very low range it’s not going to be very long, 3, 4, 5 maybe 6 weeks, before it’s up to a pretty good number. Personally I think no matter what it comes out at in 6 months to a year after some political realignment we might see the natural value of the dinar where it should be, probably $2.85 to 3.45 on the high side. Read more…

Iraqi Dinar Guru opinions 1-30-14 (updated)

Iraqi Dinar Guru opinions 1-30-14 (Updated)

1-30-2014 Newshound Guru tlm724 let me show you what I found on parliaments site. Quote: “Chairman of the Finance Committee meets U.S. delegation January 30, 2014 Met with MP Haider al-Abadi Chairman of the Finance Committee on Wednesday, 29.01.2014 at his own office” do you see that…the USA is there! The meeting discussed the most important obstacles facing the process of voting on the draft budget law for 2014. WE are there to make this all work, remember we NEED this done correctly! Do you want it quickly and then sent back 15 times or do you want to wait a few days or weeks and have it done right including the HCL? Read more…

Iraqi Dinar/Dollar auction results 1-30-2014

Iraqi Dinar/Dollar auction results 1-30-2014

Currency auction results Announcement No. (2588)

Was the opening of bids for the Commission on the sale and purchase dollar daily five hundred and eighty-eight and two thousand to buy and sell foreign currency at the Central Bank of Iraq on Thursday for a brief summary 30.01.2014 and the results were as follows: Read more…