Posts Tagged ‘Iraqi Dinar’

Parliament exclude financial deletion of zeros currency next year

Parliament exclude financial deletion of zeros currency next year

11/20/2013 12:00 AM

BAGHDAD – Shaima Rashid
confirmed the Finance Committee in the House of Representatives that the implementation of the project to delete the zeros from the currency Pat is not possible during the next year, especially since the central bank is not ready for this thing and left his efforts during this year to support the Iraqi dinar against international currencies. At this point, revealed adviser Read more…

Iraqi Dinar Guru opinions 11-19-13

Iraqi Dinar Guru opinions 11-19-13

11-19-2013 Newshound Guru Doc A second article is quoted as “”We expect that the first issuance will be in the value of 3 billion Iraqi dinars ($2.58 million),” said Abdul-Basit Turki Saeed.” This is referring to the issuance of domestic bonds in dinar. We will not dwell on the importance of this in that it is necessary monetary tool for interest rates and moves Iraq a little ways away from USD dependency. Our opinion is this is the initial test case. 3 billion dinar represents less than 0.01% of the money supply. With that it will take some time for the bond program to have a substantial impact on monetary controls. However, if the initial launch is successful it could become a significant factor fairly quickly. We see this as another piece of the infrastructure that will support a stable healthy currency in the long term. Read more…

Iraqi Dinar/Dollar auction 11-19-2013

Iraqi Dinar/Dollar auction 11-19-2013

Currency Auctions Announcement No. (2533)

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

. Read more…

Deprive the bank of the Middle East and trade from entering the currency auction

Deprive the bank of the Middle East and trade from entering the currency auction

19/11/2013

BAGHDAD / JD / .. Central Bank decided to deprive the bank of the Middle East and trade from entering the auction currency and the absence of serious measures to increase their capital.
The central bank said in a book entitled to a bank Middle East Iraqi investment and trade of Iraq, seen / JD / a copy of it: Decide حرمانكم from entering the auction currency (cash sales, credits, transfers) to the lack of serious action to Read more…

Finance Committee exclude the implementation of the project to delete the three zeroes from the currency early next year

Finance Committee exclude the implementation of the project to delete the three zeroes from the currency early next year

19-11-2013 05:05 AM

Baghdad (news) .. I exclude a member of the Finance Committee MP / National Alliance / Abdul Hussein al-Yasiri, an application project to delete the three zeroes from the national currency in 2014, indicating that the current administration of the central bank believes the time is not suitable for implementation of the project. Yasiri said (of the Agency news): that of its parliamentary When I asked the previous administration of the Central Bank Read more…

Iraqi Dinar Guru opinions 11-18-13

Iraqi Dinar Guru opinions 11-18-13

11-18-2013 Newshound Guru Millionday the banks are activating the needs of the companies in iraq to make it easier for those domestically. they are actively creating the loans and procedures and terms. so, they are saying the first step is the dinar and that is how you enter the world and that is how they are. Article quote: “the CBI would like to emphasize that such timing is Matrouh [now or in the present] currently”. it is almost 2014 and they are saying its time to move…they have not said 2014 — they are working on currently. with the debit cards and the announcement they are entering the globe — i have to say this is great if their watches work like ours. Read more…

Iraqi Dinar/Dollar auction 11-18-13

Iraqi Dinar/Dollar auction 11-18-13

Currency Auctions Announcement No. (2532)

The latest daily currency auction was held in the Central Bank of Iraq on the18-Nov-2013.The results were as follows:

. Read more…

Raise zeros from the beginning of 2014 Iraqi dinar

Raise zeros from the beginning of 2014 Iraqi dinar

Posted, 11/18/2013

Palm – told the Iraqi Central Bank, the Finance Committee in the House of Representatives that he will try to raise zeros from the currency beginning in 2014.

A member of the Committee Abdul Hussein al-Yasiri that “the application of the decision to lift the zeros, will contribute significantly to reducing the monetary blocs to quarter, which coincides with the increase in the value of the Iraqi dinar.”

He explained that Read more…

Iraqi Dinar Guru opinions 11-17-13

Iraqi Dinar Guru opinions 11-17-13

11-17-2013 PUMPER Guru Wife in the Know As I promised here is a little bit of info on the time it has taken for the ‘average joe” to get the cash in call. Politics reign supreme in every country, and Iraq is no different. Now that they have an active democratic government in place, proper positioning for Maliki is essential. The United States wants this man back in office, believe it or not he has been working with our government throughout this whole endeavor. The last thing the US wants is another leader from a different religious block in power. Read more…

Iraqi Dinar/Dollar auction 11-17-2013

Iraqi Dinar/Dollar auction 11-17-2013

Currency Auctions Announcement No. (2531)

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

. Read more…

Raise zeros from the Iraqi dinar currency strengthens and raises the value of dinar

Economic parliamentary: raise zeros from the Iraqi dinar currency strengthens and raises the value of dinar

11/17/2013 11:35

Tomorrow Press / Baghdad: Take a member of the Economic Commission parliamentary MP Hassan Salman, Sunday, that the process of lifting the zeros from the Iraqi dinar currency will strengthen the dinar and raise its value, stressing that the process will be completed during 2015. said Salman for “tomorrow Press,” that “there are countries fought a process raise zeros and achieved success on the economic side, “adding that” raise the value of the zeros from the Iraqi Read more…

Central Bank has submitted to the Finance Committee raise zeros currency beginning of 2014

Central Bank has submitted to the Finance Committee raise zeros currency beginning of 2014

13:00 17/11/2013

Baghdad – and babysit – told the Iraqi Central Bank, the Finance Committee in the House of Representatives that he will try to raise zeros from the currency beginning in 2014.
Said committee member Abdul Hussein al-Yasiri in a press statement that “the application of the decision to lift the zeros, will contribute significantly to reducing the monetary blocs to quarter, which coincides with the increase in the value of the Iraqi dinar.”

He explained that “the Central Bank informed that Read more…

Central negate the restructuring of the Iraqi dinar currency and deleting three zeros in 2014

Central negate the restructuring of the Iraqi dinar currency and deleting three zeros in 2014

19:36 17/11/2013

Baghdad – and babysit – denied the CBI, what some of the media, about the timing of the direct project restructuring of the Iraqi currency and deleting three zeros of them, stressing that such timing is Matrouh now that this project is in coordination with the government and related institutions.
A statement of the Central Bank, the news Read more…

The issuance of local currency bonds will improve the value of the Iraqi dinar

Najiba Najib: the issuance of local currency bonds will improve the value of the Iraqi dinar

17-11-2013 12:43 PM

Baghdad (news) .. Confirmed a member of the Finance Committee MP / Kurdistan Alliance / Najiba Najib, that measures the Central Bank of the new issue bonds in Iraqi dinars within the political bank to improve the value of the Iraqi dinar currency against other currencies. said Najib (of the Agency news): The central bank bills previously unknown were in foreign currency, so the bank to issue bonds in Iraqi dinars to not Read more…

Iraqi Dinar guru opinions 11-16-13

Iraqi Dinar guru opinions 11-16-13

11-16-2013 Newshound/Intel Guru BGG Fact: the Dinar is regularly referred to as “grossly undervalued” on Iraqi TV…there was an Iraqi economist speaking at this “UNCTAD” in Geneva – he made mention of an imminent radical “upsurge” in the value of the IQD in the near future. Iraq has been referred to by DC as “economically able to stand on their own”…with this comment and the possibility of a few troops going over – that is interesting to me…The President seems intent on getting Iran out from under these sanctions. I look for something after these Nov 20th meetings. Once Iran doesn’t need to launder money – no need to keep the Dinar low… Read more…

Iraqi Dinar/Dollar auction 11-16-2013

Iraqi Dinar/Dollar auction 11-16-2013

Currency Auctions Announcement No. (2530)

The latest daily currency auction was held in the Central Bank of Iraq on the16-Nov-2013.The results were as follows:

. Read more…

The high value of Iraq’s oil exports last year to 110 trillion Iraqi dinars

The high value of Iraq’s oil exports last year to 110 trillion Iraqi dinars

11:07 16/11/2013

Baghdad – and babysit – revealed by the Ministry of Planning, the high oil exports for the past year 2012 to 110 trillion dinars, noting that the total merchandise materials are the other rose to a record four trillion Iraqi dinars.
The Central Bureau of Statistics of the Ministry of Planning in a statement received by public opinion, a copy of it on Saturday, “The value of oil exports in 2012 rose by 13.3% to reach 110 trillion Iraqi dinars, the equivalent of Read more…

Economic center is proposed to invest part of the monetary reserves of foreign currency

Economic center is proposed to invest part of the monetary reserves of foreign currency within the Guaranteed investment Bags

16-11-2013 10:25 AM

Baghdad (news) .. President proposed Media Center Economic Dergham Mohammed Ali, invest part of the monetary reserves of foreign currency at the Central Bank within the bags Guaranteed investment to support investment projects in the country. said Mohammed Ali (of the Agency news): The investment of the cash reserve must be in bags Guaranteed investment guarantee non- prejudice reserves cash for the central bank and introduced within the investment budget. continued: Being ستستنفذ these Read more…

Iraqi Dinar guru opinions 11-15-13

Iraqi Dinar guru opinions 11-15-13 (updated)

11-15-2013 Newshound/Intel Guru BGG Dr Shabibi had 3 tools in mind…1) auctions…2) tarriffs…3) and taxes…all to regulate the value of the currency. with not much economy – there isn’t much tax revenue…with Maliki stonewalling – no tarriffs…they were hamstrung by nothing getting done. [Bonds will replace auctions, right?] yes – only the flow goes the opposite direction.

11-15-2013 Newshound/Intel Guru BGG instead of regulating the value based on how much you sell the Dinar for…they will sell bonds and regulate the value based on how much they “allow you” for your currency on the way in…auctions = money going out, bond sales = money coming in…several BIG advantages…they are creating the “financing” to bolster the value of the Dinar…they are “regulating” the value of the Dinar…and they are taking in the 000 notes at the same time. The bond issue is very big news… Read more…

Iraqi Dinar Guru opinions 11-14-13

Iraqi Dinar Guru opinions 11-14-13

11-14-2013 Newshound Guru Adam Montana [Iraq should have a world-wide tradeable currency: who or what is preventing this? will they ever join the real world?] What is preventing this: Iraq themselves. They will not raise the value until they are fully prepared, which is nearing quickly. Will it ever happen: I definitely believe it will.

11-14-2013 Newshound Guru Tlar Article: “Central Bank plans to issue bonds in local currency for the first time since 2003” Iraq still is using the auctions in an attempt to level out the rates, street and program. If they stop the auctions without adding an appropriate replacement, then they are leaving the rate to chance with no way to support it. This article is the first honest attempt in my opinion to support the rate post auctions. Read more…