Posts Tagged ‘Iraqi Dinar’

Iraqi Dinar Guru predictions! 4-28-2013

Iraqi Dinar Guru predictions! 4-28-2013

4-28-2013 Newshound Guru Tlar Deny, Deny, Deny. “Were not going to do it now.” “We are not going to do it this moment.” Of course not. The rates are not yet back together yet. The problem is Iran is now dumping enough forged currency on Iraq that it continues to negatively affect the street rate. I believe that the bank will come to the logical conclusion, if they haven’t already, they must go and go soon. I think it will be $1.00 or .86 right out of the shoot allowing them to release the smalls denominations immediately following the change in rate. I would be very, very surprised if the CBI does not do something this year. They have to stop Iran before Iran breaks the economic system in Iraq. Read more…

Specialists suggest the adoption of a law regulating the currency conversion

Specialists suggest the adoption of a law regulating the currency conversion

04/28/2013 12:00 AM

After fluctuating exchange rate of the dollar
BAGHDAD – Hussein ثغب Tamimi
witnessing the Iraqi market volatility evident in the exchange rate of the dollar against the Iraqi dinar is to climb in favor of the dollar as the price ranges cashed between 127-128 dinars. comes this volatility, despite the many actions taken by the central bank in order to exchange rate stability by expanding distribution outlets and the inclusion of all citizens in the dollar to get through a specific mechanism.
Some economists attribute the cause to the absence of a law regulating the Read more…

Will they LOP the Iraqi dinar?

The Central Bank scrapped the currency structure of the year

– APRIL 26, 2013

Baghdad-on-off

The Central Bank said there is no intention of structuring currency and delete zeros this year.

The parliamentary Finance Commission member Abdul Hussein Al-yasiri for (time) on (the Central Bank declared its intention to restructure the currency and delete zeros this year).

The Committee (with the currency because it reduces the structure of categories and make it easier to carry and over fraudulent groups add that enhances the value of the Iraqi dinar against the dollar).

Adding (if you omit leading zeros will bank issuing currency class 100 dinar be worth close to $ 100 and that this thing would reduce currency from 4 billion to billion). Read more…

Iraqi Dinar Guru predictions! 4-27-2013

Iraqi Dinar Guru predictions! 4-27-2013

4-27-2013 Newshound/Intel Guru Flashing the reality is that people are lost and have made a science fiction movie from this. they have forgot that iraq was an aggressor country and they were punished for such behavior. obviously one of the sanctions was the devaluation of their currency to limit their economic power and avoid the acquisition of weapons of mass destruction. you will hear a lot of bs. but this event will not happen this week. Read more…

Central banks actions for the stability of the Iraqi dinar is not working

Central banks actions for the stability of the Iraqi dinar is not working

04/27/2013 (23:01 pm)

Baghdad / tributary cactus and agencies

Experts believe specialize in regard financial and currency traders that the stability of the exchange rate of the dollar against the Iraqi dinar due to the absence of professional management of the central bank, pointing to the need to reconsider the mechanism by which it deals with the market to correct failures occurring in the exchange rate volatility, and record the dollar exchange rate in the market local risen sharply over the past few days, if the price of one dollar more than Read more…

Iraqi Dinar Guru predictions! 4-26-2013

Iraqi Dinar Guru predictions! 4-26-2013

4-26-2013 Intel Guru Delta There are 8 construction companies in Baghdad, in Iraq & none of these people have been paid yet for 4 months. I talked to the director in charge of the Qui [sp] cards & he said the only way to go international is to go with Master Card, not the local card & in order to do that you have to have a tradeable currency. They were supposed to do it a month ago, but nothing happened. The director said they are waiting for them to raise the value of the currency. They are waiting for this one thing. They can not go with the program rate of 1166. There is a good possibility that the rate could be 1 – 1 and then go up. It will not be a free float. That would be a disaster for Iraq. The only thing that would work would be a managed float. Read more…

Iraqi Dinar Guru predictions! 4-25-2013

Iraqi Dinar Guru predictions! 4-25-2013

4-25-2013 Newshound Guru Kaperoni Article quote: “Reappeared again in the recent phenomenon of the spread of counterfeit currency cash to some groups in the country, although almost disappeared in the past time, but the return took the worry of citizens and shop owners alike.” Two problems exist in Iraq pertaining to counterfeiting..1. Iran. It is common knowledge they are the ones pumping this into Iraq. 2. The dinar currently in circulation is the ones being counterfeited. The longer this goes on, the more of this gets into Iraq and screws with monetary policy. A goal I am sure of Iran and Maliki. If they could find a way to raise the value, introduce the new lower notes, it would put an end to this nonsense for a period of time. Read more…

Dollar rises to 1280 .. And currency traders criticize the policy of the Central Bank

Dollar rises to 1280 .. And currency traders criticize the policy of the Central Bank

04/25/2013 – 17:38

Author: Ahmad Valley

Alsumaria News / Baghdad log exchange rate of the U.S. dollar in the domestic market rose sharply during the past few days, if the price of one dollar towards the 1280 Iraqi dinars, after it had been during the past month varies in the range of 1200. Traders said foreign currency in Baghdad, in conversations for ” Alsumaria News “, the exchange rate of the U.S. dollar, is witnessing a remarkable rise since the beginning of the month, but this increase reached its peak on Wednesday, after he scored Read more…

Central bank: There is no intention at this time to restructure the currency and delete the zeros

Central bank: There is no intention at this time to restructure the currency and delete the zeros

04/25/2013 – 17:47

Editor: Ghassan Hamid

Alsumaria News / Baghdad
considered the Central Bank of Iraq, Thursday, that there is no intention at this time to restructure the currency and deleting three zeros of them, denying the reports in this regard. , the bank said in a statement received “Alsumaria News” a copy of it, that “some of the media handled statements about the intention of the Iraqi Central Bank restructuring of the currency and deleting three zeros of them, “he said,” Read more…

Rudy pleads “Guilty” (from the BH Group)

Jacksonville man pleads guilty in Ohio to conspiracy in Iraqi dinar case

Posted: April 19, 2013 – 10:38am | Updated: April 19, 2013 – 11:29am

<– Coenen

By Dana Treen
A Jacksonville man pleaded guilty Thursday in an Ohio federal court to a scheme to defraud investors in the sale of Iraqi dinar currency and two non-existent hedge funds, authorities said.

Rudolph M. Coenen, 47, pleaded to one count of conspiracy to commit wire fraud, one count of wire fraud and five counts of money laundering. His sentencing is scheduled for Aug. 12.

Coenen and three other men promoted Iraqi dinar Read more…

Iraqi Dinar Guru predictions! 4-24-2013

Iraqi Dinar Guru predictions! 4-24-2013

4-24-2013 Newshound Guru Adam Montana Elections were held, and it looks like a significant political shift is taking place. Results are not final yet, but it appears that things have moved away from Maliki’s camp and that should bring on some interesting developments. Speaking of Maliki, there was some questions about his health and even some speculation that he was dead… this is not true. He is alive, and I don’t expect to see him losing his spot. Read more…

Lack of clarity of the central bank’s policy led to the fluctuation of exchange rates of the dollar

Economic parliamentary: political crises and the lack of clarity of the central bank’s policy led to the fluctuation of exchange rates of the dollar

Wednesday, 24 April / April 2013 14:35

{Baghdad: Euphrates News} confirmed member of the Committee on Economy and Investment parliamentary Nora Salem said the problems and political crises witnessed by the country and the lack of clarity of the central bank’s policy led to the fluctuation of exchange rates الدولا against the Iraqi dinar.

She said Salem told {Euphrates News} on Wednesday that “the central bank need to have sufficient experience to his administration,” pointing out that “the Governor of the Bank’s New Abdul Basit Turki does not have sufficient Read more…

Iraqi Dinar Guru predictions! 4-23-2013

Iraqi Dinar Guru predictions! 4-23-2013

4-23-2013 Newshound/Intel Guru BGG [can you explain what the elections are that just finished in Iraq and why they matter please?] they generally point to what the future “will of the people” will look like. It holds less and less promise for Maliki as the days go by. This won’t have a direct impact on the current GOI – but gives everyone clear guidance as to where things are headed for ealry 2014. [How is the RV related to the elections?] it is doubtful there will be any RV with this “power structure” in place “as is” – that is why all the excitement whenever a “deal” is rumored. One will follow the other. Read more…

Iraqi Dinar Guru predictions! 4-22-2013

Iraqi Dinar Guru predictions! 4-22-2013

4-22-2013 Intel Guru Bear5642 I have a real live contact in Iraq. Born there and have one of seven only business in Iraq. He is connected with local and US government. he is extremely hard to reach but when he calls he has something to say. here is the bottom line he will call me and let me know when the rate changes. He also said they will not make a $25k a $25 note period so that means this LOP nonsense is a bold face lie. Scoiit G had some serious intel last night and I cannot repeat, but does confirm that this is our week. Read more…

The weakness of the country’s economically not concentrated in the exchange rate of the Iraqi dinar only

The Parliamentary Committee on the economy: the weakness of the country’s economically not concentrated in the exchange rate of the Iraqi dinar only but many other things

Monday, April 22 / April 2013 16:54 | | |

{Baghdad: Euphrates News} said the Parliamentary Committee on the economy that the country’s economic weakness is not concentrated in one side of which is the exchange rate of the Iraqi dinar against the dollar, but many things.

A member of the Committee on the mass of citizens parliamentary Abdul Hussein Abtan told {Euphrates News} that “the weakness of the country’s economically not concentrated in one side of a dinar exchange rate Read more…

Central bank sales of dollar rise at an auction Monday

Central bank sales of dollar rise at an auction Monday

Monday, April 22, 2013 14:14

Baghdad / Baghdadi news / .. sales rose Iraqi Central Bank of the dollar in the auction for the sale and purchase of foreign currency Monday to 152 million and 102 thousand dollars after yesterday reached 130 million and 563 a stable exchange rate was 1166 dinars per dollar. ”
He said the central bank governor Agency Abdul Basit Turki said in a statement received / Baghdadi News / copy of “The demand for the dollar distributed by Read more…

Delete the zeros .. Vital project collides with the lack of economic stability

Delete the zeros .. Vital project collides with the lack of economic stability

04/22/2013 (23:01 pm)

 Baghdad / tributary cactus

Agree most specialists regard the financial and banking on that to delete the three zeroes from the local currency is very important, but that perform this operation at the present time
is a decision is correct may lead to negative results.
said an official at the Ministry of Finance Hilal Taan that “the deletion of zeros from currency at the present time will bring negative results, the proportion of economic conditions and Read more…

Iraqi Dinar Guru predictions! 4-21-2013

Iraqi Dinar Guru predictions! 4-21-2013

4-21-2013 Newshound Guru Tlar Article: “Banker: delete the zeros in the current period will help forgery and counterfeiting of currency” I find this article very encouraging. To the average Iraqi, it will just be a reduction in the money supply only. His salary will be reduced equivalent to the new value of the currency. If the currency goes up 1000 times in value, his salary will decrease by 1000. So to him there is no change. There has to be a balance of everything based on the new value. Read more…

The success of the project to delete the three zeroes depends on the stability of the exchange rate of the Iraqi dinar against the dollar

Economic center: the success of the project to delete the three zeroes depends on the stability of the exchange rate of the Iraqi dinar against the dollar

21-04-2013 11:36 AM

Baghdad (news) .. Said Prime Media Center Economic Dergham Mohammed Ali, that the success of the implementation of the project to delete the three zeroes from the national currency depends on the stability of the exchange rate of the Iraqi dinar against the dollar and educate citizens and give them enough time to replace the currency. said Mohammed Ali (of the Agency news): The economic reality of the past year and the previous was fit better to receive the decision to delete the zeros of the capacity market to absorb its effects because of the high stability, which was dominated by the exchange rate of the Iraqi dinar against the dollar at Read more…

Iraqi Dinar Guru predictions! 4-20-2013

Iraqi Dinar Guru predictions! 4-20-2013

4-20-2013 Newshound/Intel Guru BGG Article: “Maliki: I will leave the Prime Minister and would not nominate for a third term because of the failure of the government.” This is an amazing development. However, before we take this in – hook, line and sinker…let’s allow this vein of info to develop a “baseline” in the media. We have been here before with Maliki. He is known for blatant lies as a diversion. Now is a critical time – during the election season, etc – so let’s be vigilant. Read more…