Posts Tagged ‘Iraqi Dinar’

Iraqi Dinar/Dollar auction 12-8-2013

Iraqi Dinar/Dollar auction 12-8-2013

Currency Auctions Announcement No. (2548)

The latest daily currency auction was held in the Central Bank of Iraq on the 8-Dec-2013.The results were as follows:

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Central Bank of retreating from the deletion of zeros and the issuance of a new currency!!

Central Bank of retreating from the deletion of zeros and the issuance of a new currency and the last editions «$ 100» overwhelm the capital market in Iraq

The illustration for the paper “$ 100” issued by the United States in 2009
BAGHDAD – Mustafa Nasser

Stressed the central bank, yesterday, his inability to delete the zeros of the Iraqi currency, or add new banknotes, for fear of confusing the Iraqi market, as confirmed by a parliamentary committee that it “supports the decision of the bank, which was taken in consultation with the Council of Ministers,” to protect the stability of the Iraqi market.

This came in conjunction with the controversy in the stock market on Read more…

Parliament puts a plan to reset the budget deficit in the coming years

Parliament puts a plan to reset the budget deficit in the coming years

08/12/2013

BAGHDAD / JD / .. Announced the Finance Committee in the House of Representatives for a plan in the coming years to reset the budget deficit.
A member of the Committee Dler Abdelkader a member of the House of Representatives for the coalition of Kurdish blocs told the reporter / JD / that this matter requires fiscal discipline to public spending and the application of the principle of the upper ceilings for public expenditure with the embodiment of the Read more…

Expectations of a substantial increase in inventories Financial Iraq next year!

Expectations of a substantial increase in inventories Financial Iraq next year!

Posted, 8/12/2013 0:00

Saadi: allocations for sustainable development will be a wider
BAGHDAD – Farah pumice
experts expected a large increase in inventories of strategic cash over the next year, with the escalation of oil production and exports after the success of Iraq on leave licenses granted to international companies in this area to achieve sustainable development even with the instability of the sale price of a barrel oil.
Chairman of the Securities Commission, Dr. Abdul Razzaq al-Saadi told the (morning): “The cash reserve has nothing to do at the currency, but these prices determine, according to monetary policy defined by the Central Bank, which is controlled by the so-called currency auction.”
he added Read more…

Iraqi Dinar Guru opinions 12-7-13

Iraqi Dinar Guru opinions 12-7-13

12-7-2013 Intel/Newshound Guru Poppy3 please stop and think when you read…that politicians and wales are cashing out…NEVER HAS HAPPENED AND NEVER WILL HAPPEN. I WAS IN POLITIC’S AND KNOW MANY PERSONALLY AND KNOW SOME WITH DINAR. I KNOW SOME SO CALLED WHALES AND SO DOES BGG AND…THE BANKERS HAVE SAID MANY TIME DIRECTLY TO US THAT THEY COULDN’T DISCRIMINATE ONE CLIENT OVER ANOTHER AND NO BANK WOULD EVER TAKE THE CHANCE…
THE BANK EXAMINERS AND SEC WOULD PULL THEIR LICENSE AND SHUT THEM DOWN IMMEDIATELY. BELIEVE ME IF ANYONE ANYWHERE CASHES IN WE WILL KNOW THE TRUTH WITHIN MINUTES. WE KNOW SOME WHALES AND THEY HAVE NEVER BEEN CONTACTED ABOUT CASHING IN. THE POLITICIANS HAVEN’T CASHED IN YET EITHER… Read more…

Iraqi Dinar/Dollar auction 12-7-2013

Iraqi Dinar/Dollar auction 12-7-2013

Currency Auctions Announcement No. (2547)

The latest daily currency auction was held in the Central Bank of Iraq on the 7-Dec-2013.The results were as follows:

. Read more…

Iraqi Dinar Guru opinions 12-6-13

Iraqi Dinar Guru opinions 12-6-13

12-6-2013 Newshound Guru tlm724 Article: “Economist: the time is right to apply the project to delete the three zeroes from the currency” Quotes: “Said economic expert Dargham Muhammad Ali, to the present time appropriate for the application of the project to delete the three zeroes from the Iraqi currency, the fact that the exchange rate of the dinar relatively stable during the current period.” “the central bank is linked to coordination with the governmental institutions and the private sector to encourage the promotion of the new currency in the market”.

12-6-2013 Newshound Guru tlm724 he is saying the CBI “could” do it as they are linked already and will offer incentives to the banks to encourage them to “push” the new dinar…he is saying the dinar is nice and stable (within the 2 % threshold set by the IMF) and they have plenty of reserves to back the new currency. Quote: “where the intervention of all within the existing equivalent of the dollar” I believe he is saying it will equal to a dollar. Read more…

Parliament directed to increase the allocations of Article 140

Parliament directed to increase the allocations of Article 140

FRIDAY, 06  DECEMBER 2013 09:44

Twilight News / The chairman of the Commission on Article 140 parliamentary Mohsen al-Sadoun, on Friday, headed for Parliament to demand higher allocations of Article 140 during the next budget.

Sadoun said in an interview with “Twilight News”, “The majority of the members of the House of Representatives in favor of increasing the allocations of Article 140 and brought to about 600 billion Read more…

Iraqi Dinar Guru opinions 12-5-13

Iraqi Dinar Guru opinions 12-5-13

12-5-2013 Newshound Guru Stryker Article: “Economist: the time is right to apply the delete three zeros currency” All signs continue to point to 2014, we wait to see it from the CBI but things are really looking great. Also, the Kurds, the Iraqi Federal Government and Turkey have agreed on Oil being transferred through the pipeline from Kurdistan to Turkey for sale to the rest of the world. A big step that shows that the countries politicians are starting to resolve their own issues without the US or UN support. Stability in politics is another great sign. Read more…

Iraqi Dinar/Dollar auction 12-5-2013

Iraqi Dinar/Dollar auction 12-5-2013

Currency Auctions Announcement No. (2546)

The latest daily currency auction was held in the Central Bank of Iraq on the 5-Dec-2013.The results were as follows:

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. Read more…

Sarfen: Central Bank controlled by routine procedures and the unfairness

Sarfen: Central Bank controlled by routine procedures and the unfairness

12.05.2013 (0:01 pm)

 term Presse / Baghdad

Criticized a number of owners of companies banking financial crackdown that followed the central bank and the routine which controls procedures, and argued that they can not approach the office of any employee to ask about the fate of their transactions, and while stressed that the CBI lacks regulations in its dealings, pointed out that What puts Bank of instructions and controls “harsh and Read more…

Economist: the time is right to apply the project to delete the three zeroes from the currency

Economist: the time is right to apply the project to delete the three zeroes from the currency

05-12-2013 10:00 AM

Baghdad (news) .. Said economic expert Dargham Muhammad Ali, to the present time appropriate for the application of the project to delete the three zeroes from the Iraqi currency, the fact that the exchange rate of the dinar relatively stable during the current period. said Mohammed Ali (of the Agency news): that the exchange rate of the dinar against the dollar relatively stable over than ever and can be initiated by replacing the currency in this Read more…

Iraqi Dinar Guru opinions 12-4-13

Iraqi Dinar Guru opinions 12-4-13

12-4-2013 Newshound/Intel Guru Randy Koonce I am adding a date to archive..Tuesday, December 3, 2013…Between now and Sunday is a very good window and if it passes then it most likely will go to the next year……But we are hoping for the chances this week to be very good…This has been the most political thing that I have ever been associated with so keep your chin up… As for the people saying next year they have no clue… Read more…

Iraqi Dinar/Dollar auction 12-4-2013

Iraqi Dinar/Dollar auction 12-4-2013

Currency Auctions Announcement No. (2545)

The latest daily currency auction was held in the Central Bank of Iraq on the 4-Dec-2013.The results were as follows:

. Read more…

Iraqi Dinar Guru opinions 12-3-13

Iraqi Dinar Guru opinions 12-3-13

12-3-2013 Newshound Guru Breitling It is a simple numbers game, has the Dinar gone up? The answer is yes? Has the USD gone down? The simple answer is yes, 15%. so if you got into this investment back in 2004 and the IQD never gained a single percent you would have gained 15 % just on the hedge from the USD. But we know the dinar has gained. And that was under a much more fractured system compared to what they have now. Read more…

Iraqi Dinar/Dollar auction 12-03-2013

Iraqi Dinar/Dollar auction 12-03-2013

Currency Auctions Announcement No. (2544)

The latest daily currency auction was held in the Central Bank of Iraq on the 3-Dec-2013.The results were as follows:

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. Read more…

Finance: the disappearance of 25 trillion Iraqi dinars from previous budgets

Finance: the disappearance of 25 trillion Iraqi dinars from previous budgets

Posted 12/03/2013

BAGHDAD / Mohammed pro

Revealed the parliamentary Finance Committee about the existence of funds disbursed advances Nothingness in the final accounts for the years 2012 and 2013, causing delays in the final accounts indicating the presence of 25 trillion disbursed advances from 2008 until 2011, there is not in the final accounts for those years.

A member of the Finance Committee, Ahmed Hassan Faizullah is known that there is a final accounting of all the institutions of the state each month, and he needs the Audit Court one month after Read more…

Iraqi Dinar Guru opinions 12-2-13

Iraqi Dinar Guru opinions 12-2-13

12-2-2013 Newshound Guru Tlar I suspect that the CBI will say very little more until D day in reference to the deletion of the zeros. They will distance themselves from this conversation all together and will be very careful in what they say to the FC or EC having been burned by trying to alert them as to their plans. If I’m right we will see very few articles talking about deleting the zeros. Read more…

Iraqi Dinar/Dollar auction 12-2-2013

Iraqi Dinar/Dollar auction 12-2-2013

Currency Auctions Announcement No. (2543)

The latest daily currency auction was held in the Central Bank of Iraq on the 2-Dec-2013.The results were as follows:

. Read more…

Parliamentary Finance outweigh the adoption of the budget at the beginning of next year and confirms the delay

Parliamentary Finance outweigh the adoption of the budget at the beginning of next year and confirms the delay due to the demands of the Kurds

02-12-2013 10:52 AM

Baghdad (news) .. Suggested parliamentary Finance Committee approval of the budget at the beginning of next year, while confirming the continuing disagreement about some of the points between the Kurds and the federal government, which led to the delay. said committee member Abdul Hussein al-Yasiri (of the Agency news): The government has completed the process of preparing the budget, which is currently in the stage of ratification by the Read more…