Posts Tagged ‘Iraqi Dinar’

4-3-2013: Iraqi Dinar Guru guesses!!!

4-3-2013: Iraqi Dinar Guru guesses!!!

4-3-2013 Newshound/Intel Guru BGG KERRY TO TRAVEL TO MIDEAST THIS WEEKEND…just the implied threat of Kerry coming back might be just what it takes to get Maliki get this (the powersharing) done…Kerry going to the ME a second time is huge news…

4-3-2013 Intel/Newshound Guru Poppy3 I am very disappointed not to see RV this morning but not discouraged. I can’t imagine from all the news that it isn’t here yet. I am waiting for calls and anxious to here from all sources because I am sure they are all as surprised as I am today that we aren’t planning for exchange. Read more…

Minister of Planning looking restructure Iraqi government banks

Minister of Planning looking restructure Iraqi government banks

12:00 2013-04-03

BAGHDAD – babysit – Research and Planning Minister and Minister of Finance and agency Prof. Dr. Ali Yousef Shukri with a delegation from the World Bank restructure the Rafidain and Rasheed. Said Shukri in a joint news conference, “We received a delegation from the World Bank and discussed with them the implementation of the program in Iraq. Stressing that this program is a grant from the World Bank and includes two Read more…

Political problems and weak monetary policy behind the low exchange rate of the Iraqi dinar

Attorney Qais Cdhir: political problems and weak monetary policy behind the low exchange rate of the Iraqi dinar against the dollar

03-04-2013 12:32 PM

Baghdad (news) .. Refer MP / coalition in Iraq / Qais Cdhir, causes low exchange rate of the Iraqi dinar against the U.S. dollar to political problems taking place in the country, and the lack of control over the sale and purchase of foreign currency. said Cdhir (of the Agency news): The weakness of the monetary Read more…

4-2-2013: Iraqi Dinar Guru guesses!!!

4-2-2013: Iraqi Dinar Guru guesses!!!

4-2-2013 Newshound Guru Mailman17 THE BUDGET HAS NOT BEEN RELEASED YET BUT EITHER HAVE THE AMOUNTS ON THE SMART CARDS THAT WERE TO BE ISSUED THE 1ST. WHEN WE SAID THE RV IS IN THE BUDGET…IT IS NOT ACTUALLY ENGRAVED IN IT BUT THE BUDGET SHOULD REFLECT THE CHANGE IN VALUE. AGAIN…ALL THEY DO IS WHAT WE WOULD…DROP THE ZEROES AND CHANGE THE VALUE. Read more…

4-1-2013: Iraqi Dinar Guru guesses!!!

4-1-2013: Iraqi Dinar Guru guesses!!!

4-1-2013 Newshound Guru Stryker We have read a lot of articles (over almost two years now) where the Dinar that is in the market place is worn and torn, held together by tape where even the local shop owners do not want to take it and they would rather use the dollar because of this. Remove liquidity in the form of Iraqi Dinar and they must use the dollar, which raises the market value of the dollar. Once the real numbers are announced this phenomenon will reverse itself in a big way. Less Dinar in the local market increases its value across the board, look at the big picture and it all makes sense!! Read more…

New Iraqi Dinar to Change World Banking

New Iraqi Dinar to Change World Banking

Posted on 01 April 2013.

By Marc Snaid.
The Central Bank of Iraq (CBI) has announced that the introduction of the new Iraqi currency has been further delayed due to teething problems with the cutting-edge technology that it will employ.
Radical new functionality including fingerprint recognition and near-field communication (NFC) promises to create a world-leading new monetary system, which will be the envy of governments around the world.
Several years of collaboration between the CBI, the World Bank, and Goldman Read more…

Economist: increase sales outlets hard currency at the banks will support the exchange rate of the Iraqi dinar

Economist: increase sales outlets hard currency at the banks will support the exchange rate of the Iraqi dinar against the dollar

01-04-2013 11:29 AM

Baghdad (news) .. According to economist Ismail Radi, that increase ports open for the sale of hard currency by the banks will decrease U.S. dollar against the Iraqi dinar, because it will meet the market needs of the dollar. Radi said (of the Agency news): The reason for increasing exchange rate U.S. dollar against Iraqi dinar during the current Read more…

3-31-2013: Iraqi Dinar Guru guesses!!!

3-31-2013: Iraqi Dinar Guru guesses!!!

3-31-2013 Newshound/Intel Guru BGG from what I hear – minor delays – nothing major…things are still in progress…doesn’t mean it can’t be derailed – for now, breathe, relax, enjoy.

3-31-2013 Newshound/Intel Guru Bluedog yes were close. you may hear something sunday but will see it next week when they start to use their budget. we have to watch them lay it all out…all facts point done…the only news I will watch is for the Rate to come out.

3-31-2013 Intel Guru Frank26 the 2013 budget for Iraq is now in the Gazette. Unfortunately…..just as we told you the rate is not in this publication…nor did we expect it to be. we also do not expect to see it on the first with the budget. I talked with DELTA…and we both agreed that this coming week is extremely serious to our investment. The atmosphere not just in Iraq but around the world has an aromatic scent of an RI/RV to it…a sweet ambrosia. Read more…

Rise in central bank sales of dollar at an auction Sunday

Rise in central bank sales of dollar at an auction Sunday

Sunday, March 31, 2013 15:27

BAGHDAD / Baghdadiya News / .. sales rose CBI of the dollar in the auction for the sale and purchase of foreign currency on Sunday to 179 million and 308 thousand dollars after hit last Thursday 143 million and 613 thousand dollars a stable exchange rate was 1166 Iraqi dinars you to dollars. ”
Said Abdul Basit Turki Saeed central bank governor and agency in a statement quoted by his press office and received / Baghdadi News / .. Version of it that the demand for the dollar distributed by Read more…

Dollar continues to climb against the Iraqi dinar amid shy

Dollar continues to climb against the Iraqi dinar amid shy

03/31/2013 (00:01 pm)

 Baghdad / Adel Saffar

Attributed Financial experts reason the continuous rise of the exchange rate of the dollar against the Iraqi dinar in the local bourse to increase demand for the dollar in light of the collapse of currencies Syria, Iran and Iraq’s dependence on imported products as a result of the absence of government support for local industries in the country.
exceeded rising dollar per 1225 thousand Iraqi dinars, while the price of dollar Read more…

Integrity Commission announces reduced corruption from 3 trillion Iraqi dinars to 133 billion only

Integrity Commission announces reduced corruption from 3 trillion Iraqi dinars to 133 billion only

03/31/2013 (00:01 pm)

Baghdad / term Press

Announced the Integrity Commission, on Saturday, in its annual report for the depreciation of corruption cases in the country of about three trillion Iraqi dinars in 2011, to about 133 billion dinars in 2012, and confirmed that the total cases referred Iraqi judiciary amounted to about 4278, while showed that the number of defendants referred to the courts Read more…

3-30-2013: Iraqi Dinar Guru guesses!!!

3-30-2013: Iraqi Dinar Guru guesses!!!

3-30-2013 Intel/Newshound Guru Poppy3 RECIEVED FURTHER CONFIRMATION OF THE NEWS—DAN–Saturday special gazette edition being put out. Usually only Wednesday Announced in Iraq the budget. Thats right the budget in gazette Saturday Bonus. Dr Shabbi coming back to Iraq Saturday EVENING after months out of country Insiders last 2 days dignitaries have been showing up quietly. DR SHABIBI WILL REPRESENT IRAQ IN SPEECH IN BERUIT ON SAT MORNING THEN RETURN TO IRAQ. …Hearing that there was a short delay but things are moving ahead at this time, still hoping to see this thing pop by the 1st. ENJOY THE GREAT NEWS. Read more…

3-29-2013: Iraqi Dinar Guru guesses!!!

3-29-2013: Iraqi Dinar Guru guesses!!!

3-29-2013 Intel/Newshound Guru Poppy3 received a call saying they have heard the 2013 budget will be published in the gazette saturday. I AM ALSO HEARING THE MINISTERS ARE BEING SET TODAY [THURSDAY]. TIME WILL TELL. [do you think there will be a time limit to do our exchanges.] THE CURRENCY SHOULD BE GOOD FOR AT LEAST 24 TO 36 MONTH AND REALLY FOR ALWAYS. IF YOU HAVE A USD $1000.00 DOLLAR BILL TODAY IT IS STILL GOOD AND MANY OTHER MONEYS THAT HAVE BEEN TAKEN OUT OF SERVICE IN MANY CURRENCIES ARE STILL VALID. THE ONES THAT EXPIRE ARE LIKE IF THEY HAVE A 10,000 DOLLAR BILL AND THEY REPLACE IT WILL ANOTHER 10,000.00 DOLLAR BILL BECAUSE OF A GOVERNMENT CHANGE OR REGIME CHANGE THAT IS WHEN THE ARE EXPIRED AND NO GOOD. LIKE THE OLD DINAR THAT HAD SADDAMS PICTURE THAT THEY REPLACED. Read more…

MP Faizullah likely return of the exchange rate of the Iraqi dinar against the dollar to normal !!!

MP Faizullah likely return of the exchange rate of the Iraqi dinar against the dollar to normal !!!

29-03-2013 01:16 PM

Baghdad (news) .. Likely Vice President Finance Committee MP / coalition of Kurdish blocs / Ahmed Faizullah, the return of Iraqi dinar exchange rate to the price of natural versus the U.S. dollar, the requirement to take the central bank procedures necessary and the use of international expertise to support the national currency. said Faizullah (of the Agency news): The Read more…

3-28-2013: Iraqi Dinar Guru guesses!!!

3-28-2013: Iraqi Dinar Guru guesses!!!

3-28-2013 Intel/Newshound Guru Poppy3 I have been getting info since last Friday from people I know in Washington, people in Iraq in the military & civilians. They all started calling me within a few hours of each other saying “this thing is coming, this is our week, the end of the week or by April 1st”. They called back over and over and confirmed this. They are excited as I am. If you’re not hugging your family right now knowing that tomorrow is going to be bright, whether it’s tomorrow or April 1st or 3 months from now, it makes no difference. You are in it, it’s not going to be a life of penny pinching much longer. There is article after article that points to April 1st. Are you dancing yet? This is getting ready to explode right in front of our faces. Read more…

The deterioration of currencies Iran and Syria have contributed down the exchange rate of the Iraqi dinar

Deputy: the deterioration of currencies Iran and Syria have contributed down the exchange rate of the Iraqi dinar against the dollar

28-03-2013 11:46 AM

Baghdad (news) .. Refer rapporteur of the committee of economy and investment MP / coalition of Kurdish blocs / Mahma Khalil, causes low exchange rate of the Iraqi dinar against the U.S. dollar to the political problems in the country and the deterioration of currencies Iran and Syria against international currencies. Khelil said (of the Agency news): The UN sanctions Read more…

Central Bank of Iraq with his French counterpart, will develop the country’s financial system

Economist: cooperation of the Central Bank of Iraq with his French counterpart, will develop the country’s financial system

28-03-2013 12:09 PM

Baghdad (news) .. He economist peace Quraishi, the importance of the use of international expertise on the field of financial and banks to develop and support the financial sector, noting that cooperation CBI with the Banque de France will develop banking and financial system in the country. Quraishi said (of the Agency news): The Central Bank of Iraq need global expertise to support its monetary policy, especially during the current phase, as evidenced by the Iraqi dinar exchange rate plummeted against the U.S. dollar. and added: Read more…

3-27-2013: Iraqi Dinar Guru guesses!!!

3-27-2013: Iraqi Dinar Guru guesses!!!

3-27-2013 Newshound Guru Adam Montana First, no change in the value at this time. There is no official announcement on a change this week, despite what some…saw on a screen. Second, no change in Chapter 7 or HCL. In fact, this week has been surprisingly slow and quiet for news on those two matters… but if you’ve been following this topic for any amount of time, you will probably understand that Iraq ebbs and flows. Many times we see a flurry of articles for a week or two… and then silence. The bottom line is that we don’t need to freak out when there is a week or so of silence. It’s just the natural way things move over there. Although there wasn’t anything big to discuss over the last week or so, it’s only a short matter of time before things pick back up. Although not much was done this last few days, an old adage comes to mind… sometimes, no news is good news. Read more…

3-26-2013: Iraqi Dinar Guru guesses!!!

3-26-2013: Iraqi Dinar Guru guesses!!!

3-26-2013 Newshound Guru Kaperoni Article: “Suhail looking with a delegation from the World Bank restructuring Iraqi banks and the Central Bank” Very good stuff. With the 30 days from the IMF to choose an exchange regime, and this meeting, we are definitely getting closer. Let’s hope they can get the final work done on restructuring these banks and move forward with the dinar. Read more…

3-25-2013: Iraqi Dinar Guru guesses!!!

3-25-2013: Iraqi Dinar Guru guesses!!!

3-25-2013 Newshound Guru Enorrste Article: “World Bank restructure the Rafidain and Rasheed in order to raise the value of the Iraqi dinar” “the Ministry of Finance confirmed that the plans will be the guarantor of restoring Iraqi dinar of his value economic between foreign currencies and this will be part of this plan.” This sentence is the most powerful of all in this article. First, the source of the comment in this sentence is the Ministry of Finance, NOT the World Bank. The Ministry of Finance is a part of the GOI, not a part of Parliament. Therefore, this statement comes from WITHIN the GOI. This is the FIRST statement of support for the raising of the value of the Iraqi dinar from within the GOI. Read more…