Posts Tagged ‘Iraqi Dinar’

Project raise zeros from the currency early in 2015

A member of the parliamentary economy is expected to work the project raise zeros from the currency early in 2015

Sunday, 22  December 2013 07:30

[Baghdad – where]

Expect a member of the Committee on the economy and investment parliamentary Aziz Sharif Mayahi work project raise zeros from the local currency in early 2015.

It is said that the CBI has been teaching for more than two years, the issue of lifting the zeros from the Iraqi currency, but so far Read more…

Iraqi Dinar Guru opinions 12-21-13

Iraqi Dinar Guru opinions 12-21-13

12-21-2013 Intel Guru TD My source completely denies & rejects the notion that ANY CENTRAL BANK in any country has received a “live IQD rate” to release. He further states that the IMF, UST or any other agency or entity has forced anything. He emphatically said that when rates are changed that it will FIRST carried out by the CBI, it will be instantaneous worldwide to ALL COUNTRIES, FINANCIAL INSTITUTIONS AND DEALERS . Read more…

Finance attributes the reason to postpone the deletion of zeros to the difficulty of controlling the currency

Parliamentary Finance attributes the reason to postpone the deletion of zeros to the difficulty of controlling the currency

21/12/2013 12:28

Baghdad – and babysit – attributed the parliamentary Finance Committee, the reason for the postponement of the deletion of zeros to the difficulty of controlling the currency and take individual decisions, and as pointed out the existence of nearly 35 trillion Iraqi dinars in circulation in the market, emphasized the importance of the project to delete the zeros for the Iraqi institutions and citizens.
Committee Chairman Haider al-Abadi in a press statement on Saturday, “The government does not have confidence about the ability of the central bank on the currency exchange at the moment without any problems,” noting that Read more…

Chenkali: political parties and terrorist behind the money laundering operations

Chenkali: political parties and terrorist behind the money laundering operations

21-12-2013 11:33 AM

Baghdad (news) .. According to a member of the Committee on Economy and Investment parliamentary MP / Kurdistan Alliance / Jassim Chenkali, the existence of political parties and armed groups conducting money laundering service for their personal interests. said Chenkali (of the Agency news): The deterioration of the security and political situation and the spread of financial and administrative corruption the most important reasons for the spread of laundering operations money, noting that the fluctuation of the exchange rate of the Iraqi dinar in Read more…

Iraqi Dinar Guru opinions 12-20-13

Iraqi Dinar Guru opinions 12-20-13

12-20-2013 Newshound Guru Kaperoni A member of the parliamentary economics warns of “significant risks” to the economy by relying on Iraq’s oil resources. 70% of the revenue from oil in the budget is used to pay “operational expenses”, salaries, wages, fees, etc. If oil falls, Iraq is in serious trouble. I believe the banking system is significant to Iraq. Read more…

According to government data: the size of the budget deficit in 2014 to reach more than [60] billion dollars

Statistics for [where] According to government data: the size of the budget deficit in 2014 to reach more than [60] billion dollars

Friday, 20  December 2013 09:31

Report: Ammar al-Masoudi

[Baghdad – where]

A statistic conducted by all of Iraq [where] on the basis of data and government figures for the fiscal deficit in the current budget year, the state for the year 2014 exceed [62] billion dollars.

According to what declared by the Iraqi Oil Ministry a month of data on the size of crude oil exports and fiscal revenue only shows that Read more…

Specialist: local banks have contributed to the stability of the exchange rate of the dinar against the dollar

Specialist: local banks have contributed to the stability of the exchange rate of the dinar against the dollar

20-12-2013 07:59 AM

Baghdad (news) .. He attributed the Executive Director of the Association of private banks Aziz Hassoun, the cause of the fluctuation of the exchange rate of the Iraqi dinar against the U.S. dollar to increase the demand for the purchase of hard currency in the local market. said Hassoun (of the Agency news): that the local banks to not bear the responsibility of the oscillation winning currency exchange rate, but the opposite It contributed to Read more…

Iraqi Dinar Guru opinions 12-19-13

Iraqi Dinar Guru opinions 12-19-13

12-19-2013 Newshound Guru Doc Iraq needs the investment to further its oil production and diverse its economy. There are numerous articles stating this, however, like you we’d love to see them get the show on the road quicker. With this it would be great to see article VIII and HCL come to fruition as soon as possible. …we…continue with the opinion it most likely will be into late January or February before we see movement at the earliest.

12-19-2013 Newshound Guru Doc We assure all there has been no RV in Iraq or release of rates to any other country. The fact that the CBI is still selling at the program rate and international currency dealers are still selling at pennies on the dollar should squash these rumors completely. Additionally if a handful of countries had a different rate the arbitragers would be making trillions right now. Rest assured that there is not a bank holding anything up. Read more…

Iraqi Dinar/Dollar auction 12-19-2013

Iraqi Dinar/Dollar auction 12-19-2013

Currency Auctions Announcement No. (2558)

The latest daily currency auction was held in the Central Bank of Iraq on the 19-Dec-2013. results were as follows:

. Read more…

Iraqi Dinar Guru opinions 12-18-13

Iraqi Dinar Guru opinions 12-18-13

12-18-2013 Newshound Guru Adam Montana Iraqi Parliament is being pretty adamant about the “removal of the 0’s talk” – we’ve seen this before, but I have to say that the articles are coming a little faster than usual on this subject…with any luck, that means we are MOVING towards something significant! We are still waiting to hear something significant about the HCL, BUT! If the recent “news” aka “distractions” is any indication, we should be seeing something more than smoke soon. Read more…

Iraqi Dinar/Dollar auction 12-18-2013

Iraqi Dinar/Dollar auction 12-18-2013

Currency Auctions Announcement No. (2557)

The latest daily currency auction was held in the Central Bank of Iraq on the 18-Dec-2013. results were as follows:

.

. Read more…

The budget in 2014 amounted to 194 trillion dinars and a deficit of 35 trillion inflation of 3%

Economic parliamentary: the budget in 2014 amounted to 194 trillion dinars and a deficit of 35 trillion inflation of 3%

12/18/2013 14:10

Tomorrow’s Press / Baghdad: Economic Commission announced in the House of Representatives, Wednesday, that the next year’s budget in 2014 amounted to 194 trillion dinars and a deficit of 35 trillion dinars and 3% inflation and 19% poverty rate, loaded with the government responsible for the late arrival of the budget to Parliament. Read more…

The deteriorating conditions behind the spread of counterfeit currency

A member of the parliamentary economics: the deteriorating conditions behind the spread of counterfeit currency

18-12-2013 10:53 AM

Baghdad (news) .. A member of the Committee on Economy and Investment MP / Kurdistan Alliance / Jassim Chenkali, that fraud currency will affect the Iraqi economy, and lose the confidence of citizens in dealing with the Iraqi dinar. said Chenkali (of the Agency news):): The process of rigging the local currency will lead to asylum most people to deal in dollars and thus weaken the purchasing power of the dinar, adding that Read more…

Iraqi Dinar Guru UPDATE, 12-17-13, 3 pm PST

Iraqi Dinar Guru UPDATE, 12-17-13, 3 pm PST

12-17-2013 SUPER PUMPER Guru Okie_Oil_Man IF THERE ARE ANY SUBSTANCE OF WHAT WE ARE BEING TOLD AND HEARING I WOULD EXPECT (AND HOPEING FOR) AT LEAST AN INFORMATIVE ANNOUNCEMENT TO BE MADE POSSIBLY AS SOON AS TODAY. CONTENTS OF ANNOUNCEMENT IS UNKNOWN BUT AT LEAST THERE ARE SOMEONE ADDRESSING OUR SITUATION. THIS ANNOUNCEMENT IS COMING FROM AUTHORITIES. Read more…

Iraqi Dinar Guru opinions 12-17-13

Iraqi Dinar Guru opinions 12-17-13

12-17-2013 Intel/Newshound Guru American Contractor …the Central Bank made the announcement that it would be delaying and postponing the deletion of the zero’s or printing of the new Iraq dinar. The announcements were made in the local Baghdad media. One of the main reasons for the delay is the security situation in Iraq…the security situation in Iraq must be halted before the Iraq government can move forth & proceed with printing the new currency. Read more…

Iraqi Dinar/Dollar auction 12-17-2013

Iraqi Dinar/Dollar auction 12-17-2013

Currency Auctions Announcement No. (2556)

The latest daily currency auction was held in the Central Bank of Iraq on the 17-Dec-2013. results were as follows:

. Read more…

Iraqi Dinar Guru opinions 12-16-13

Iraqi Dinar Guru opinions 12-16-13

12-16-2013 Intel/Newshound Guru Poppy3 THINGS ARE SHAPING UP FOR MORE MOVEMENT — THE IRAQ BUDGET THAT THEY SAID THEY WHERE POSTPONING TILL JAN SESSION HAS BEEN MOVED BACK TO TOMORROW …JUST LIKE I SAID THEY WOULD DO. NEXT WE ALL KNOW MALIKI HAS TO HAVE THE RV TO GAIN ANY FAVOR AT ALL FROM THE PUBLIC. Read more…

Iraqi Dinar/Dollar auction 12-16-2013

Iraqi Dinar/Dollar auction 12-16-2013

Currency Auctions Announcement No. (2555)

The latest daily currency auction was held in the Central Bank of Iraq on the 16-Dec-2013. results were as follows:

. Read more…

Expected to increase business expenses to 102.7 trillion dinars

Expected to increase business expenses to 102.7 trillion dinars

12/16/2013 0:00

Report calls for the strengthening of the national output to confront
Baghdad – Mostafa Hashemi – Farah pumice
economist said the appearance of Dr. Mohammed Saleh, said that the volume of trade to Iraq with the world amounted to about 73 billion dollars, including imports of government, while the import of services was estimated at 20 billion dollars as services provided to Read more…

Iraqi Dinar Guru opinions 12-15-13

Iraqi Dinar Guru opinions 12-15-13

12-15-2013 Newshound Guru Kaperoni Article: “Economy parliamentary warns of wasting money in 2014 budget” Until the CBI goes to Article VIII, investment will refuse to come in. This article is great because it says clearly…they were going to rely on private investment for the projects thus be able to reduce budget spending. Well…the CBI better get going. Read more…