Posts Tagged ‘Iraqi Dinar’

Exceeded 314 billion dinars .. The cost of smart cards for elections

Exceeded 314 billion dinars .. The cost of smart cards for elections

01/30/2014

BAGHDAD / JD / .. Revealed the Finance Committee for the total cost of the electronic smart cards that will be adopted in the process of voting in the parliamentary elections scheduled for April 2014.
Said committee member Rep. Magda al-Tamimi told / JD /: The total cost of the smart card, which will be adopted in the election of 314 billion and 413 million Iraqi dinars.
She pointed out that Read more…

Iraqi Dinar: A “very shocking” must read if true!!

Iraqi Dinar: A “very shocking” must read if true!!

I debated long and hard before posting this, but knowledge is power in this case- admin

Judge Dale, Ret’d ~ Global Currency Reset And NDA Contract

Monday, January 13, 2014

Guest Writer ShiftFrequency November 25 2013

The Global Currency Reset may be a trap! So exercise good judgment.

At the outset of the Iraqi invasion, the World Bank and United Nations Read more…

Iraqi Dinar Guru opinions 1-29-14

Iraqi Dinar Guru opinions 1-29-14

1-29-2014 Intel Guru BWM We are in a precarious position with the RV… not as far as it happening… but as far as timing goes. As things are shaping up, it appears that we may be in for a delay. How long has yet to be discussed but if we don’t see anything by end of day Thursday I would expect at least a couple of weeks before we get any more real solid news for expectations. As it stands right now, it doesn’t look good for the week. Read more…

Iraqi Dinar/Dollar auction results 1-29-2014

Iraqi Dinar/Dollar auction results 1-29-2014

Currency auction results Announcement No. (2587)

Was the opening of bids for the Commission on the sale and purchase dollar daily five hundred and eighty-seven and two thousand to buy and sell foreign currency at the Central Bank of Iraq on Wenesday 01.29.2014 and the results were as follows: Read more…

Parliamentary Finance: lending process to fill the budget deficit “risk”

Parliamentary Finance: lending process to fill the budget deficit “risk”

29-01-2014 08:04 AM

Baghdad (news) .. considered the parliamentary Finance Committee proposal lending finance
to cover the deficit in the general budget for 2014 to risk the country’s economic. committee member said Haitham al-Jubouri (of the Agency news) on Wednesday that the deficit recorded in each budget every year is not an imaginary but recorded and expected at the time, therefore, Read more…

Iraqi Dinar Guru opinions 1-28-14

Iraqi Dinar Guru opinions 1-28-14

1-28-2014 Newshound Guru Kaperoni Article quotes: “The Committee called for reducing the difference between the U.S. dollar and the Iraqi dinar…” “the World Trade Organization were previously wary of government plans to support the Iraqi dinar, and elevate it to a value of U.S. dollar and the high differential cash between them,” So, based on these statement, they will never get accession to the WTO until the raise the value…however that may be. Read more…

Iraqi Dinar/Dollar auction results 1-28-2014

Iraqi Dinar/Dollar auction results 1-28-2014

Currency auction results Announcement No. (2586)

Was the opening of bids for the Commission on the sale and purchase dollar daily five hundred and eighty-six after two thousand to buy and sell foreign currency at the Central Bank of Iraq on Tuesday for a brief summary 01.28.2014 and the results were as follows: Read more…

IMF: Oil prices weaken Iraq’s budget for this year

IMF: Oil prices weaken Iraq’s budget for this year

28/01/2014 09:58

Head of Mission of the International Monetary Fund: The draft budget for this year is currently being debated by Parliament, including a significant increase in spending in its current form and perhaps Iraq faces difficulty in funding.

Counter / obelisk: An official at the International Monetary Fund, said the public finances in Iraq are increasingly prone to be affected by Read more…

Dinar to the inside window of foreign currency: the ultimate goal of price stability, the central bank

Dinar to the inside window of foreign currency: the ultimate goal of price stability, the central bank

28.01.2014 (0:01 pm)

 d. Sinan Shabibi, Mohammad Reza
We are accustomed to call the auction, but in fact nothing more than a window, which is sold dollar price has not changed for a long time, and in times where there was such a change was due to a deliberate change in monetary policy. The reserve grand which is owned by the Read more…

Iraqi Dinar Guru opinions 1-27-14

Iraqi Dinar Guru opinions 1-27-14

1-27-2014 Newshound Guru Tlar Certain investments sometime are not right for everyone…Iraq is sitting on an underground sea of oil and it has yet to have a viable currency. At some time they will. Iraq is a young country with lots of obvious problems. Everybody has been frustrated with this investment at one time or another… I no longer worry whether it is today but remain hopeful it is always just over the horizon because I know it will happen someday… Read more…

Iraqi Dinar/Dollar auction results 1-27-2014

Iraqi Dinar/Dollar auction results 1-27-2014

Currency auction results Announcement No. (2585)

Was the opening of bids for the Commission on the sale and purchase dollar daily five hundred and eighty-five after two thousand to buy and sell foreign currency at the Central Bank of Iraq on Monday for the day on 01.27.2014 and the results were as follows: Read more…

Wasit calling for Parliament to expedite the adoption of the budget

Wasit calling for Parliament to expedite the adoption of the budget in order to avoid delay the implementation of projects

1.27.2014 twenty-four past two p.m.

{Wasit: Euphrates News} demanded Finance Committee in the Wasit province in the House of Representatives to speed up the completion of the general budget, noting that “the delay in approving the budget bill for 2014 will lead to the reluctance of service projects.”

Said Finance Committee Chairman Alaa Ismail Hajem told News} {Euphrates on Monday that “the delay in the budget will lead to a reluctance to Read more…

Central Bank: the withdrawal of licenses for five commercial banks for not filed for their capital

Central Bank: the withdrawal of licenses for five commercial banks for not filed for their capital

Mon, January 27, 2014 14:37

BAGHDAD / Baghdadi News / Basset Turki Saeed said the central bank governor on Monday that the bank is expected to pull the licenses of five commercial banks are unable or unwilling to increase their capital before the expiry of a deadline for the end of January.
And between Turkish vassal in a press statement / Baghdadi News / on the sidelines of a financial conference in Dubai that other banks or committed to the decision taken steps but Read more…

Treasury bonds and precious metal enhances monetary policy

Treasury bonds and precious metal enhances monetary policy

1/27/2014 0:00

For its role in the economic development
of Baghdad – Mostafa Hashemi
said economic expert, Dr. appearance of Mohammed Saleh: that the announcement of the Iraqi Central Bank intention to sell gold coins to the public would pave the way for the re-emergence of banks mortgages in order to serve the Iraqi economy.
was the central bank, and in consultation with the Committee on Economic Affairs, has decided recently coined a variety of alloys pure gold weights Read more…

Iraqi Dinar Guru opinions 1-26-14

Iraqi Dinar Guru opinions 1-26-14

1-26-2014 Newshound Guru tlm724 Article “Central Bank decides “SEC gold bullion” to sell investors and segments of society” sweet! revealing their monetary policy instruments…this diversification is part of the requirements of the IMF also, they have had liquidity in the past years with their high reserves but the IMF wants them to have other sources, this is a very positive sign of the CBI following international recommendations. unencumbered high-quality liquid assets, thats the gold…the CBI is working on their Basel III compliance. *hallelujah* Read more…

Iraqi Dinar/Dollar auction results 1-26-2014

Iraqi Dinar/Dollar auction results 1-26-2014

Currency auction results Announcement No. (2584)

Was the opening of bids for the Commission on the sale and purchase dollar daily five hundred and eighty-four after two thousand to buy and sell foreign currency at the Central Bank of Iraq on Sunday, the day on 26.01.2014 and the results were as follows: Read more…

Iraqi Dinar/Dollar auction results 1-25-2014

Iraqi Dinar/Dollar auction results 1-25-2014

Currency auction results Announcement No. (2583)

Was the opening of bids for the Commission on the sale and purchase dollar daily five hundred and eighty-three and two thousand to buy and sell foreign currency at the Central Bank of Iraq to the day on Saturday 25/1/2014 and 26/1/2014 port on Sunday and the results were as follows: Read more…

Iraqi Dinar Guru opinions 1-25-14

Iraqi Dinar Guru opinions 1-25-14

1-25-2014 Newshound Guru Kaperoni Article: “Indicated the presence of approximately 35 trillion dinars in circulation in the financial markets attribute the reason for the postponement of parliamentary delete zeros to the difficulty of controlling the currency” [“My question is how can a war torn country with 35 trillion dinar in circulation possibly see a value of 1-1…When all other countries have less than 4 trillion in circulation?”] The answer to your question is they cannot…unless they have a plan to collect or reduce it. And the CBI has said on several occasions…”they will gradually raise the value down to the day they begin to replace the currency.” An argument could be made that at the same time or before, they will remove these larger notes. If so, then a gradual appreciation of the value is possible. That is why only a float make sense at this point. No overnight RV could or will occur. You can find several articles or documents…to support this. Including the IMF themselves. Read more…

Finance Minister: Government plans to borrow to pay the allocations of petrodollars

Finance Minister: Government plans to borrow to pay the allocations of petrodollars

1/25/2014 0:00

Likely to pass the general budget of the country during the next few days,
Baghdad morning
revealed the Minister of Finance Agency purity of net debt, the intention of the government to borrow 9 trillion Iraqi dinars to repay the funds petro dollars allocated to the provinces, if approved by the House of Representatives, stressing that the Read more…

Final statement of the Conference of Basra and includes a claim of Parliament not to ratify the budget

[Where] published the final statement of the Conference of Basra and includes a claim of Parliament not to ratify the budget

Saturday, 25 December / 2 January 2014 14:15

[Basra – where]

Student Conference oil-producing provinces, which was held in the province of Basra today in his closing statement, the House of Representatives not to pass a bill to the budget for fiscal 2014, and return it to the federal government to include the amount of five dollars.

He had been held in the province of Basra on Saturday, a conference attended by governors and officials of a number of provinces in addition to Read more…