Posts Tagged ‘Iraqi Dinar’

Iraqi Dinar/Dollar auction 10-10

Iraqi Dinar/Dollar auction 10-10

Currency Auctions Announcement No. (2500)

The latest daily currency auction was held in the Central Bank of Iraq on the 10-Oct-2013 . The results were as follows:

.

. Read more…

Iraqi Dinar Guru opinions 10-9

Iraqi Dinar Guru opinions 10-9

10-9-2013 Newshound Guru Millionday this week is very important with the economic conference we just had sunday and the wto hosted conference on friday and…the some that will go on with trade partners on thursday and then we have the visit to washington on the 28th of this month and we have the g20 and central bankers meeting on friday as well – we have the 10th of next month, i believe it is the 10th — the imf and world bank having a huge conference with iraq. [They have gone to huge financial conferences without RV.] they may have gone to many i agree but not about the economic reform and the transition to the market economy — that is the encouraging difference. Read more…

Iraqi Dinar/Dollar auction

Iraqi Dinar/Dollar auction

Currency Auctions Announcement No. (2499)

The latest daily currency auction was held in the Central Bank of Iraq on the 9-Oct-2013 . The results were as follows:

.

. Read more…

Iraqi Dinar Guru opinions 10-8

Iraqi Dinar Guru opinions 10-8

10-8-2013 Intel Guru TD As I reported last time (week ago) that we would soon see an article about the currency reform program being delayed and On 10/6 u saw the article come out telling us that the completion of the deletion of zeros would be completed by 2015. Previously the time table was June 2014. So which is it? It’s still 2014. As I said before you’ll see misinformation coming out to get u to throw in the towel. So now where are we? Timing of release is crucial and won’t happen till the USA debt limit is settled by October 16th. Read more…

Iraqi Dinar/Dollar auction

Iraqi Dinar/Dollar auction

Currency Auctions Announcement No. (2498)

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

.

. Read more…

Isolating the banking sector by the Central Bank would disrupt the work of banks

Bankers: isolating the banking sector by the Central Bank Saeb procedure and would disrupt the work of banks in the domestic market

08-10-2013 10:07 AM

Baghdad (news) / report / Hussein Faleh / .. Despite the appeal to some members of the Finance Committee and parliamentary bodies the country’s economic isolation of the banking sector by the Central Bank through the enactment of a special allow the establishment of a supreme body an independent banking sector in the country, so that the central bank full-time work to support and stabilize the exchange rate of the Iraqi dinar Read more…

Iraqi Dinar Guru opinions 10-7-2013

Iraqi Dinar Guru opinions 10-7-2013

10-7-2013 Newshound Guru Kaperoni Iraq is out of chapter 7 that is a fact. And they have not paid off Kuwait. No more detective work is needed. When they do pay off Kuwait, it will be all over the papers in Iraq and in Kuwait…its not going to be some secret. Read more…

Iraqi Dinar/Dollar auction

Iraqi Dinar/Dollar auction

Currency Auctions Announcement No. (2497)

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

.

. Read more…

Iraqi Dinar Guru opinions 10-6-13

Iraqi Dinar Guru opinions 10-6-13

10-6-2013 Newshound Guru Kaperoni Article: “Parliamentary economy expects to raise zeros from the Iraqi dinar in 2015” …this is not saying…no currency reform til 2015…it is saying it won’t be complete until 2015. Big difference. There is no way a float can start today and be at 1 to $1 with the dollar in a few months. So IMO this article may be spot on…that once they start this float, it will take as much as 10-12 months to rise to the point where they can declare they have deleted the zeros. What that means is simply we will see about .10 maybe by March and .50 by June. Read more…

Iraqi Dinar/Dollar auction 10-6-2013

Iraqi Dinar/Dollar auction 10-6-2013

Currency Auctions Announcement No. (2496)

The latest daily currency auction was held in the Central Bank of Iraq on the 6-Oct-2013 . The results were as follows:

.

. Read more…

CBI seeks to delete three zeros from the Iraqi currency since 2003

CBI seeks to delete three zeros from the Iraqi currency since 2003

10.6.13

A project that raises many concerns on the street level and the business community of Iraq, and it seems economists are divided between supporters of the project see it as an opportunity to reduce the rates of inflation and unemployment, among forewarned of economic shocks may prevail Iraqi market due to implementation of this project. Read more…

Parliamentary economy expects to raise zeros from the Iraqi dinar in 2015

Parliamentary economy expects to raise zeros from the Iraqi dinar in 2015

10.6.13

Confirmed for the economy and investment committee that parliamentary raise zeros from the dinar improves its value, expected completion of this matter in 2015. Read more…

Iraqi Dinar Guru opinions 10-5-13

Iraqi Dinar Guru opinions 10-5-13

10-5-2013 Newshound Guru Millionday Report from the minister of planning –
quote: “It is demonstrated in this context to call for assessing the dinar for less than (3.208) dollar (official exchange rate) when assessing project outputs and inputs of traded goods of exports, substitute imports and imports” this is part of the report,
but i liked that the official rate is above 3…but it is discussing the reason to keep it lower and the reason to set it high…the low end is 1.16…some say that is what it will be but we have many comments from iraq that state the higher — of course alot has been done by then — we will know soon enough with the banking done and waiting for insurance…that is for the economic activation…[All they’re missing is an rv?] thats what i am saying…bring it on already. Read more…

Expert: high rate of inflation leads to weak purchasing power of the Iraqi dinar

Expert: high rate of inflation leads to weak purchasing power of the Iraqi dinar

05-10-2013 11:29 AM

Baghdad (news) .. Expert stressed financial affairs Majid picture, that in the event weakened the purchasing power of the Iraqi dinar means that the existence of inflation offset by a rise in prices, which greatly affects the economic stability of the Iraqi dinar. said Suri (of the Agency news): The economic stability means the stability of the exchange rate inside and abroad, noting that any Read more…

Iraqi Dinar Guru opinions 10-4-13

Iraqi Dinar Guru opinions 10-4-13

10-4-2013 Newshound Guru Enorrste “Economists Divided Over Deletion Of Zeros on Iraqi Dinar” I have seen no articles that reference clearly an RV event since the free float was presented by the CBI. I have seen the term “revaluation” used, but in all cases it was from TV or someone who is not representing the CBI. In addition, a revaluation of the dinar can easily include a free float, so the fact that the term is used does not prove an RV. As far as I know, the plan hasn’t changed at the CBI. Read more…

Iraqi Dinar Guru opinions 10-3-13

Iraqi Dinar Guru opinions 10-3-13

10-3-2013 Newshound Guru Adam Montana [If Iraq can function on it’s own, as they are now doing, why would there be a rush for them to RV their currency at this point and time?] there never HAS been a “huge rush” to RV. The CBI is smart enough to know that if they RV before everything is in place (such as HCL and Chapter 7), they would not be able to maintain the higher value, and it would be a disaster. By maintaining the current value while they work on the other issues, they are ensuring future success, and that is good for ALL of us. Read more…

Iraqi Dinar/Dollar auction 10-3-2013

Iraqi Dinar/Dollar auction 10-3-2013

Currency Auctions Announcement No. (2494)

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

.

. Read more…

Stop stock trading money market puts Iraq on the brink of collapse

Stop stock trading money market puts Iraq on the brink of collapse

Thursday, October 03, 2013 – 03:22

Gentle Abdul Salem Okkaily
is the Iraqi market for securities at the present time the money market only official in Iraq, who invests where many Iraqi and foreign money in stocks Iraqi institution and according to the law, which currently number (84) companies, of which 71 companies listed in the market formal, which includes Read more…

Banker: private banks evolved considerably and now has external relations with international banks

Banker: private banks evolved considerably and now has external relations with international banks

03-10-2013 10:57 AM

Baghdad (news) .. Invited the Executive Director of the Association of private banks Abdul Aziz Hassoun, the need to support the private banking sector through a deal with him and increase public confidence in him, pointing out that the private banks have evolved a lot and now has the external relations with international banks. said Hassoun (of the Agency news): Stop from statements unexplained, which Read more…

Iraqi Dinar Guru opinions 10-2-13

Iraqi Dinar Guru opinions 10-2-13

10-2-2013 Newshound Guru Enorrste Article quote: “raise the value of the dinar against the dollar gradually down to the day to start replacement” This just says it so clearly…There is a process here, starting at 1166 to 1 and then “gradually” the value will rise to about a dollar. THEN the project to remove the three zeros will begin, and not before. Clearly this is the only way it can happen. You can’t remove the zeros and replace them with small denom notes UNTIL the value gets to about a dollar. Read more…