Posts Tagged ‘Iraqi Dinar’

Visual proposes mechanisms quick to raise the value of the Iraqi dinar

Visual proposes mechanisms quick to raise the value of the Iraqi dinar

22/05/2013 12:00 AM

Exchange rate fluctuations accounted for interest experts
BAGHDAD – شكران Fatlawi
select an economist many reasons behind the fluctuations in the value of the Iraqi currency and economic imbalances structural considering that the exchange rate holds an pivotal role in monetary policy in terms of its use as a target or a tool and as an indicator of the competitiveness of the state through its effect on the components of growth Economic such as investment and the degree of openness to international trade and capital flows and the development of the financial sector.
parallel market,
said Dr.. Kamal Al-Basri’s “morning” that the increased demand for foreign currencies and the weakness of the Read more…

Baghdad is trying to stop the deterioration of the exchange rate of the Iraqi dinar

Baghdad is trying to stop the deterioration of the exchange rate of the Iraqi dinar

May 21, 2013

Preoccupied with the Iraqi capital, Baghdad, since the days of attempts to adjust the exchange rate of the Iraqi dinar against the U.S. dollar, after entered a phase of decline since last April, culminating last weekend. incline exchange rate of the Iraqi dinar against the U.S. dollar in the domestic market during the last week, from 1200 dinars to the dollar one to 1300, increasing the gap between the state’s official price to $ 121 in Iraqi dinars per dollar. and the Central Bank of Iraq sells one dollar for Read more…

Iraqi Dinar Guru predictions/guesses! 5-21-2013

Iraqi Dinar Guru predictions/guesses! 5-21-2013

5-21-2013 Intel Guru Delta I think we’re going to have a 1 to 1 .. I don’t think they’re going to have a $3 or $4 even though I know they can support that. They’re going to come out with a sucker rate. They’re doing that right now. If you put all the resources together, the oiil the gold, all the resources together.. right now they can support about $4.00. They cannot go higher than Kuwaiti currency. They’re going to come up to $3.70, $3.80 , maybe $4.00. That’s the max I can see it. Because they have to be like Kuwait, all around. Maybe in long while, like in 2 years, see $3.86. it’s all in the hands of the US the IMF and all those countries, and anything could happen. But for me, in my opinion, they don’t want to come that high. Read more…

Mini parliamentary committee to follow up the stability of the exchange rate of the Iraqi dinar

Mini parliamentary committee to follow up the stability of the exchange rate of the Iraqi dinar against the dollar

Created on Tuesday, 21 May 2013 10:44 | |

Baghdad / Orr News

Finance Committee announced the formation of a committee mini Tata winding of three deputies to control the exchange rate of the Iraqi dinar against the dollar, stressing that the practical measures undertaken by the central bank last week led to address the problem gradually.

A member of the mini-committee Abdul Hussein al-Yasiri The “mini-committee will present its final report end of the month to the Finance Committee on the main obstacles to the auction and the central bank measures to develop the capacity of the Iraqi dinar against the dollar.”

Yassiri added, “CBI action by the Commission will brief closely in the coming days and will provide a detailed report to find out Read more…

Iraqi Dinar Guru predictions/guesses! 5-20-2013

Iraqi Dinar Guru predictions/guesses! 5-20-2013

5-20-2013 Newshound Guru Kaperoni Article: “Iraqi citizens and hammer monetary policy … Challenges low dinar exchange rate against the dollar part I” Basically he is saying since Maliki started to interfere in monetary policy, then getting rid of Shabibi the dinar has started to fall. this was never what Shabibi didn’t do. He wanted too…and tried at least twice. It is clear as day if you go back and read the articles, the GOI -Maliki stopped him. Told him to wait. And when Shabibi tried to do it, Maliki said the CoM took a vote and ordered him to stop. When in reality, there never was a vote (CoM minutes don’t show any such meeting). Therefore, the problem is Maliki… Read more…

Abdul-Mahdi criticizes the consequences of the failure of monetary policy and economic policy indictment

Abdul-Mahdi criticizes download the consequences of the failure of monetary policy and economic policy indictment and arrest people without evidence or evidence

Monday, May 20 / May 2013 18:58 | | |

{Baghdad: Euphrates News}

Criticized the leader of the Supreme Islamic Iraqi Council, Adel Abdul Mahdi “Download successful monetary policy is generally the consequences of failed economic policy in general and the indictment and arrest people first before providing guidelines and evidence.”

He stressed in an article published today and seen Agency {Euphrates News} them, “What has not changed concepts and procedures with the change of regimes they Sttsadm, as is happening now because when he give up on the official exchange rate for the benefit of supply and demand and restrict the conversion only exceptions, to be launched after the provision of related items and when we seek to move to the National economy and a market economy, when you get these shifts, and deprived of strong dinar satiate the need of the dollar, that will Read more…

Temporary dollar crisis

Temporary dollar crisis

05/20/2013 12:00 AM

Baghdad morning
expert described of Samir النصيري financial crisis, the U.S. dollar rise in Iraq as “temporary” and will be remedied soon. He said النصيري in a press statement: The crisis caused by the high exchange rate of the dollar against the Iraqi dinar is the crisis of a temporary, evidence that what was announced by the central bank reserves rose to $ 74 billion, noting that this reserve represents Read more…

Iraqi Dinar Guru predictions/guesses! 5-19-2013

Iraqi Dinar Guru predictions/guesses! 5-19-2013

5-19-2013 Newshound Guru Med THERE ARE GOING TO HAVE TO BE SOME MAJOR CHANGES WITH THE CENTRAL BANK OR THEY WILL BE ENTERING A DANGER ZONE WITH THE EXCHANGE RATE AND REVERSE ALL THE POSITIVES BY SHABIBI. THEY ARE ENTERING AN ABYSS AND IT NEEDS STRAIGHTENING OUT IN MANY AREAS NOT JUST THAT BUT IT IS ONE. THEY HAVE NO ECONOMIC PLAN WHAT SO EVER TO PUT PEOPLE TO WORK, NO PRIVATE SECTOR DEVELOPMENT. Read more…

Economic parliamentary assume management of the central bank responsible for the high exchange rate

Economic parliamentary assume management of the central bank responsible for the high exchange rate and non-professional accuses

Sunday, May 19, 2013 19:14

Baghdad / Baghdadi news / .. Carried the parliamentary economic committee, on Sunday, the central bank responsible for the high dollar exchange rate, accusing his administration of non-professional and the lack of strategic economic plans in dealing with the country’s monetary policy.
Said committee member Abdul Hussein Abtan in smc / Baghdadi News /, that “the high price of the dollar to / 1300 / Iraqi dinars order is justified in light of Read more…

Financial expert: the rise of the dollar crisis “temporary” .. And will be resolved soon

Financial expert: the rise of the dollar crisis “temporary” .. And will be resolved soon

19-05-2013 08:56 AM

Baghdad (news) .. take a financial expert Samir النصيري, the crisis of rising U.S. dollar in Iraq ‘temporary’ will be remedied soon. said النصيري to the Agency (news): The crisis experienced by the Iraqi market today height of the dollar exchange rate against the Iraqi dinar is the crisis of a temporary Proof that what was announced by the central bank reserves rose to $ 74 billion, noting that this reserve is a cover for the dollar. explained النصيري: the rise of the dollar at the present time due to speculators dollar in the Read more…

Finance parliamentary: the need for legislation of a law to protect deposits at banks

Finance parliamentary: the need for legislation of a law to protect deposits at banks

19-05-2013 12:21 PM

Baghdad (news) .. Deputy Chairman of the Finance Committee MP / coalition of Kurdish blocs / Ahmed Faizullah, the importance of legislation to a special law to protect deposits in Iraqi banks for the purpose of encouraging people to save their money in banks. said Faizullah (of the Agency news): The majority of countries in the world attach great importance to how to bring the deposits of local banks in terms of issuing laws and regulations, protect and identify the proportion profits. added: that the Iraqi banks need to Read more…

Iraqi Dinar Guru predictions and some BS! 5-18-2013

Iraqi Dinar Guru predictions and some BS! 5-18-2013

5-18-2013 Newshound/Intel Guru BGG Press Release: The White House…Office of the Press Secretary…For Immediate Release May 17, 2013. quote: “in accordance with section 202(d) of the National Emergencies Act (50 U.S.C. 1622(d)), I am continuing for 1 year the national emergency with respect to the stabilization of Iraq declared in Executive Order 13303.” Only the extension of 13303 for another year – and likely the protection of the DFI funds. It doesn’t not mean there won’t be an RV for another year. Nothing of the sort. Read more…

Abtan: if it does not improve the exchange rate of the Iraqi dinar would be to block citizens last words

Abtan: if it does not improve the exchange rate of the Iraqi dinar would be to block citizens last words

Saturday, May 18 / May 2013 14:54 | | |

{Baghdad: Euphrates News} MP for the mass of the parliamentary Abdul Hussein Abtan, said his bloc will not remain silent about the continuing decline in the value of the Iraqi dinar and its impact on the country’s economy and the lives of citizens, especially low-income and poor people who unfortunately make up half of society.

Abtan stressed in a statement to the Euphrates News Agency {} on Saturday that “the central bank primarily bear the responsibility to improve the exchange rate of the Iraqi dinar, it is not reasonable that the country has reserves estimated at 74 billion dollars and the dinar assaulted him in front of the eyes of everybody.”

He said, “on the central bank to take rapid action needed to be one dollar versus thousand Iraqi dinars, and this is what our work during the Read more…

Bankers accuse the central bank to encourage Arab and Iranian banks at the expense of the Iraqi

Bankers accuse the central bank to encourage Arab and Iranian banks at the expense of the Iraqi

18/05/2013 (23:01 pm)

Baghdad / Press-term and agencies

Criticized financial experts, bankers and members of the House of Representatives central bank blaming him responsible for the decline and the reality of the private banks, and he encourages Iranian banks and Arabic at the expense of Iraq, at the same time, observers believe that the rise in the dollar exchange rate in local markets began since the exemption former central bank governor Sinan al-Shabibi asserting The fluctuation of the U.S. dollar exchange rate has a close relationship with the current policy of the central bank.
Hot value of the Iraqi dinar gradually over the past weeks to reach the price Read more…

Critical deterioration of the Iraqi dinar against the dollar and warns postpone the adoption of laws affecting citizens

Bookmark critical deterioration of the Iraqi dinar against the dollar and warns postpone the adoption of laws affecting citizens

18/05/2013 (23:01 pm)

 Karbala – Najaf / Range Press

Criticized the representative of the religious authority in Karbala, confusion in the diagnosis of the causes of the deterioration of the Iraqi dinar against the dollar, and demanded that parliament not to postpone enact laws that concern to citizens to the next parliamentary session because it would weaken the confidence of citizens blocs political, while denounced cleric Sadr al-Din Qabbanji targeting the sect Yazidi, and the continued bombings without the security forces Bahbatha.
said Khatib F Karbala, Sheikh Abdel Mahdi al-Karbalai in Hadra Husseinia and attended the “long-Presse,” We “While we support to find a solution between the Read more…

Controls to reduce the money being mishandled currency auction

Controls to reduce the money being mishandled currency auction

18/05/2013 12:00 AM

Expert stresses the importance of follow-up financial transfer
BAGHDAD – Hussein ثغب Tamimi
stressed economic expert Mohsen al-Zaidi on the importance of promoting monetary policy and the adoption of measures more accurate in various financial operations adopted by the central bank and stand at the activities of the banking sector civil and organized to serve Alaguetsd local beneficiaries from the experiences of the world in this field.
said Zaidi: The duties of central banks in the world information because it Read more…

Iraqi Dinar Guru predictions/guesses! 5-17-2013

Iraqi Dinar Guru predictions/guesses! 5-17-2013

5-17-2013 Newshound Guru Adam Montana [Much discussion has been made regarding the redenomination of the IQD, mostly surrounding the dropping of the zeros and a possible release in July 2013. It seems that the lower denominations without some sort of RV would render them valueless…Could you please give some insight regarding the relationship between and the timing of the two?] You are 100% correct – lower denoms by themselves is a POINTLESS action and I don’t see it happening without a simultaneous restructuring of not only the value, but the exchange rate and the way the Dinar is viewed by the entire world. Read more…

Finance parliamentary: the start of the stability of the exchange rate of the Iraqi dinar against the dollar

Finance parliamentary: the start of the stability of the exchange rate of the Iraqi dinar against the dollar gradually

Created on Friday, 17 May 2013 13:03 | |

Baghdad / Orr News

Parliamentary Finance Committee confirmed that the exchange rate of the Iraqi dinar against the dollar began to gradually return to stability after a series of measures taken by the central bank recently. A member of the Committee Secretary Hadi said that “the exchange rate of the Iraqi dinar against the dollar began to gradually return to the state of stability as the dollar fell against the dinar to 1270 dinars to the dollar after breaking Read more…

Observers: dip, Shabibi dinar missed and we fear the continued decline

Observers: dip, Shabibi dinar missed and we fear the continued decline

17  MAY 2013 17: 07

Twilight news/Iraqi dinar is currently experiencing a decline in its value against the US dollar since the Government sacked the former head of the Central Bank, Sinan Al-Shabibi is raising concern among money and economy in particular.

And the value of the Iraqi dinar fell gradually during the past few weeks, bringing the price of the dollar to about 1,300 dinars after was stable from 1120, the highest rate of exchange-rate mechanism for the last two years.

And observers believe that the decline rate of the Iraqi dinar has since Prime Minister Nuri al-Maliki decided suddenly to exempt former Central Bank Read more…

Iraqi Dinar Guru predictions/guesses! 5-16-2013

Iraqi Dinar Guru predictions/guesses! 5-16-2013

5-16-2013 Intel Guru Delta There’s an article that came out today stating the IQD is devaluing rapidly against the US$…the citizens are making it very clear what they want the CBI and GOI to do – Iraqiya TV is now broadcasting what the people are demanding…The citizens are demanding the IQD to be taken to 1:1 with the US$!! Read more…