Posts Tagged ‘Iraqi Dinar’

Financial expert: Proposed distribution of salaries of employees in hard currency would hurt the country’s economy

Financial expert: Proposed distribution of salaries of employees in hard currency would hurt the country’s economy

11-05-2013 12:40 PM

Baghdad (news) .. Warned an expert in financial matters on behalf of Hadi al-Tamimi, the application of the proposal of the Finance Committee representative to distribute the salaries of employees in hard currency rather than the Iraqi dinar, because it would harm the national economy does not help to raise the exchange rate of the Iraqi dinar against the dollar. said Tamimi (of the Agency news): The proposal made ​​by the one of the members of the Finance Committee to distribute salaries of state employees in dollars, would hurt the country in terms of its impact on the size of the Central Reserve of hard currency, and the failure of the owners of money and traders from getting on the dollar for the purpose of import. added: The Read more…

Iraqi Dinar Guru predictions/guesses! 5-10-2013

Iraqi Dinar Guru predictions/guesses! 5-10-2013

5-10-2013 Newshound Guru Kaperoni So now we have the CBI stating the exchange regime they expect to enter…”flexible exchange rate system orbit.” (which is a free float) and the IMF document clearly showing prior to the war the Saddam dinar was a float. Does it get any better than that? Are you convinced of what is about to come yet? The good news is, there is a plan for the dinar..and that plan does include raising the value of the dinar. And hopefully, at some point, the dinar will have a significant value greater than it has now. Which means as dinar holders, we can potentially profit greatly from that appreciation, but it’s going to take time. It is clear, that will not occur overnight. That an overnight RV of sorts is not monetary policy and is certainly not an “exchange regime” under the IMF. Read more…

A parliamentary proposal to “end the exploitation of private banks”

A parliamentary proposal to “end the exploitation of private banks”

FRIDAY, MAY 10 / MAY 2013 08:18

Twilight News / ft is a member of the Finance Committee proposal to the committee spends agreement with the Central Bank and Ministry of Finance on the distribution of salaries of all state employees in hard currency (dollar) for one month to end the “exploitation” of private banks and banking companies to citizens.

A member of the Finance Committee Secretary Hadi’s “Twilight News”, “proposed to the Finance Committee to hold the distribution of salaries of all Iraqi staff in dollars rather than the Iraqi dinar, the official Read more…

Poor financial management and banking reason for the continued increase in the exchange rate of the Iraqi dinar

Finance Committee: poor financial management and banking reason for the continued increase in the exchange rate of the Iraqi dinar against the dollar

10-05-2013 11:03 AM

Baghdad (news) .. Refer Vice President of the Finance Committee MP / coalition of Kurdish blocs / Ahmed Hassan Faizullah, the reasons for non-low exchange rate of the dollar against the Iraqi dinar to mismanagement of fiscal and monetary followed in the country. said Faizullah (of the Agency news): The management of the central bank lagged much in Multi maintain the exchange rate of the Iraqi dinar against foreign currency, and left the Iraqi money is Read more…

Iraqi Dinar Guru predictions/guesses! 5-9-2013

Iraqi Dinar Guru predictions/guesses! 5-9-2013

5-9-2013 Newshound Guru Adam Montana [If the dinar RVs at 1$ to 1D, why would their be a time limit to exchange the dinar?] As far as we know, when they change the rate or remove the 0’s, they will also be replacing the currency with “New” Iraqi Dinar bills. When they do that, the goal will be to phase out the “Old” (current) currency. Most likely, they will do this over a 3-6 month period, as most countries do when they introduce new currency. I don’t think we have to be concerned about it being “illegal” to have the old currency, but if we don’t cash in before they stop accepting it, all of our bills will be just like the old Saddam notes… worthless. Read more…

Banker: failure of banks due to the lack of understanding and joint coordination between the central bank and private banks

Banker: failure of banks due to the lack of understanding and joint coordination between the central bank and private banks

09-05-2013 11:08 AM

Baghdad (news) .. Refer banking expert on behalf of Jamil, the reasons for failure of the banking sector to the lack of understanding and joint cooperation between the central bank and private banks, in terms of providing logistical assistance and technical them. said Jamil (of the Agency news): there is no understanding and joint coordination between the central bank and private banks regarding the evolution of the banking system and to identify the most important constraints banking to find the necessary Read more…

Iraqi Dinar Guru predictions/guesses! 5-8-2013

Iraqi Dinar Guru predictions/guesses! 5-8-2013

5-8-2013 Intel/Newshound Guru Poppy3 IN ADDRESS TO ALL THE CRAZY RUMORS OF AN .86 CENT RATE AND ALL THE POST SAYING IT WILL FLOAT?? SOME EVEN…TRY AND SAY LOP AGAIN WELL HERE IS MY REPLY TO THOSE POSTS. BE YOUR OWN JUDGE. THIS IS ALL BOLONY.—– NOT ONE OFFICIAL WORD EVER SAID FROM ANYONE IN THE CBI EVER SUGGESTING A FLOAT. NEVER MENTIONED FROM ANYONE OFFICIAL ABOUT .86 CENTS ALL DEEP BULL. .86 WILL NOT FULLFILL THEIR BUDGET PERIOD AND IT WILL NOT DE-DOLLARIZE THEIR COUNTRY. POPPY3 Read more…

Central bank sales of dollar decline in auction Wednesday

Central bank sales of dollar decline in auction Wednesday

By khabaar khaba since 5 hours 4 minutes 08/05/2013

Brother – Baghdad
Decreased sales of the Iraqi Central Bank of the dollar in the auction for the sale and purchase of foreign currency on Wednesday to 140 million and 336 thousand dollars, after yesterday reached 158 million and 335, a stable exchange rate was 1166 dinars per dollar.
She said daily bulletin issued by the Central Bank that the demand for the dollar Read more…

Iraqi Dinar Guru predictions/guesses! 5-7-2013

Iraqi Dinar Guru predictions/guesses! 5-7-2013

5-7-2013 Newshound Guru Doc There are several recycled rumors going around once again. They include tiered payouts, Iraq not in control, lower denoms issued, some business person will set RV rate, 190+ global currency reset, etc. We have repeatedly debunked each of these and will not do so again here. It is sufficient enough to say these rumors were not true years ago when they were first reported and they continue to be false. Look for the true indicators which are power sharing with completion of key laws like HCl. We report, you decide. Read more…

Iraqi Dinar Guru predictions! 5-6-2013

Iraqi Dinar Guru predictions! 5-6-2013

5-6-2013 Newshound Guru Mountainman The Kurdish delegation and Barzani are still maintaining after the cabinet meeting that a deal has been reached and a partnership has been struck. We’ve heard all this before but apparently a mechanism has been implemented that will ensure the agreement reached with the Federal Government and the outstanding issues that have crippled this country for so long will be concluded due to the numbers of points in the agreement they signed. Read more…

Iraqi Dinar Guru predictions! 5-5-2013

Iraqi Dinar Guru predictions! 5-5-2013

5-5-2013 Newshound Guru SWFloridaGuy I have never lost faith that we will prosper from this. How much and how long this will take is not something I concern myself with, as I of course, have no control. The Finance Committee acknowledges certain remaining obstacles while also maintaining it is an absolute necessity at this time, which coincides with the WTO and IMF recommendations. Iraq’s dependence on the oil sector and the absence of any diversity in resources has been addressed by economists operating within systematic programs accurately to activate economic sectors agriculture, industry and provide jobs for the labor and increase budget resources. Whether or not they will be successful remains to be seen. Read more…

Iraqi Dinar Guru predictions! 5-3/4-2013

5-4-2013 Newshound Guru Kaperoni I will say this in defense of the “float theory.” I was very skeptical when I heard it. And had several follow up questions which were answered. But more importantly, as time has passed, much of what I heard was validated. Heck, I would love these articles of .86 to be correct, and I think you all would also. I think we all would prefer to be done with this investment tomorrow, than have to watch the dinar rise over a period of time. Read more…

Iraqi Dinar Guru predictions! 5-2-2013

Iraqi Dinar Guru predictions! 5-2-2013

5-2-2013 Intel/Newshound Guru Poppy3 american troops from the embassy were guarding the federal building and the cbi since last sunday while maliki and barzani had their meeting they were returned to the embassy yesterday. They also patrolled during the open time of the CBI while American worker were allowed to send their money home to their families. The banks today I am told are back serving their iraq customers.

5-2-2013 Intel/Newshound Guru Poppy3 ALL THIS SOUNDS GOOD AND THAT THE MEETING WAS SPECIAL OR THEY WOULD NOT HAVE BEEN GUARDING THEM. RICH FRIENDS GET YOUR SMILE ON WE HAVE A WINNER AND OUR NUMBER IS MOVING FORWARD FAST. IF WE CAN HAVE ONE MORE WEEK OF POSITIVE NEWS WE MAY JUST GET GREAT NEWS BEFORE THAT MAY 22 DEADLINE TO LIFT PROTECTION OF THE DFI THAT THE UN, IMF AND IST STATE THEY WILL NOT EXTEND AGAIN. POPPY3 Read more…

Central sales continue to fall for the second day in a row

Central sales continue to fall for the second day in a row

Thursday, May 2, 2013 16:14

Baghdad / Baghdadi news / .. continued to sell the currency auction at the Central Bank, on Thursday, the low value of sales for the second day in a row.
He said the province of the central bank and agency Abdul Basit Turki said in a statement taken by his press office and received / Baghdadi News / copy of it, that “the sales value of the currency auction reached at today’s meeting” 146 “million” 985 “thousand dollars,” explaining that Read more…

Iraqi Dinar Guru predictions! 5-1-2013

Iraqi Dinar Guru predictions! 5-1-2013

5-1-2013 Intel/Newshound Guru Poppy3 Article: “Breaking News … Barzani signs agreement with Maliki Breaking News … Barzani signs agreement with Maliki” THIS IS PERHAPS THE BEST NEWS WE HAVE HEARD IN MONTHS IF IT TURNS OUT TO BE TRUE. I GOT NEWS THAT THEY MET SUNDAY BUT EVEN THOUGH MALIKI AGREED AGAIN WITH ALL THE DETAILS OF THE AGREEMENT HE WALKED OUT WITHOUT SIGNING. BARZANI SIGNED THEN MALIKI PICKED THEM UP AND WALKED OUT WITHOUT SIGNING AND SAID HE WOULD NEED A FEW DAYS BEFORE SIGNING? TIME WILL TELL. Read more…

Iraqi Dinar Guru predictions! 4-30-2013

Iraqi Dinar Guru predictions! 4-30-2013

4-30-2013 Newshound Guru Kaperoni Article: “The security situation is not conducive to delete zeros” The issue is not counterfeit, but theft of it after it’s been paid/collected by the banks…then redeposited and paid a second time again by the banks…hence the 32 trillion to 60 trillion (double payment). The key here though is that they are even having this discussion.. If it was a LOP, it would not be 32 trillion to 60 trillion, but 32 billion to 60 billion. Read more…

Iraqi Dinar Guru predictions! 4-29-2013

Iraqi Dinar Guru predictions! 4-29-2013

4-29-2013 Intel Guru Bear5642 I apologize for coming in so late, I have not heard from him yet. I will attempt to reach him this morning before it gets too late in Iraq…if he calls, will give us a clearer picture and then we will know that status of the currency and the country. I do believe this is our week. Please keep in mind ScottiG sources all point to this week also. I know with every fiber of my being this will RV…Iraq has made leaps and bounds in their country, government and oil. something must have happened with these Qi cards and the banks were scrambling to make some changes and the LOP nonsense upset a lot of people. It makes absolutely no sense for Iraq to LOP their currency, it WILL NOT LOP but INCREASE in value. I’m in this for the long haul and I feel in my spirit we are extremely close. Read more…

Specialists: Inventory sell the currency on the one hand indicates the presence of myopia in the management of fiscal policy

Specialists: Inventory sell the currency on the one hand indicates the presence of myopia in the management of fiscal policy

04/29/2013 (23:01 pm)

BAGHDAD / tributary cactus

See specialists in financial affairs that the sale of hard currency from the Rasheed Bank only has scientific basis and indicate nearsightedness, noting that it does not contribute to the reduction of currency smuggling but lead to higher exchange rate
The economist said contrary goldsmith that inventory sell the currency in one bank is not the action proper through which keeps the currency at all, The subject of control of the smuggling of funds not
be an inventory of dollar selling third party and one returned those Read more…

Arrested a gang rigged 3 billion Iraqi dinars

Arrested a gang rigged 3 billion Iraqi dinars

04/29/2013

BAGHDAD / JD / .. Interior Ministry revealed the arrest of a gang in possession of 12 million dinars forged, asserting that gang recognized بتزويرها of the 3 billion dinars.
A spokesman for the Interior Ministry Brigadier Saad Maan told / JD /: I managed to force the security of the Ministry of Interior to arrest gang competent counterfeiting currency after receiving information pointed to the place of Read more…

Banker: any disregard for the challenges of the project will fail and cause big losses

Banker: any disregard for the challenges of the project will fail and cause big losses

29/04/2013 12:53 AM

Divergence of views on the project to delete the zeros
of Baghdad – Ann Salah
central problems and the fluctuation of currency exchange rates and efforts to raise the value of the Iraqi dinar stand again placed the deletion of zeros from the Iraqi dinar and characterized by differing views around between the Finance Committee representative on the one hand and the Central Bank on the other, the former demanding the implementation of the project in the second calls for lingered despite the fact that the previous administration have been Read more…