Posts Tagged ‘Iraqi Dinar’

3-24-2013: Iraqi Dinar Guru guesses!!

3-24-2013: Iraqi Dinar Guru guesses!!

3-24-2013 Newshound Guru Kaperoni on numerous occasions that the CBI, AMF [IMF?] and others have said they will choose…”floating orbit of exchange.” Which is a free float, not a managed float. We can only hope they implement what they state as this will be the fastest way for us to recognize substantial growth in the dinar exchange rate. Keep in mind, prior to war, Saddam had his currency on a “free float.” Read more…

3-23-2013: Iraqi Dinar Guru guesses!!!

3-23-2013: Iraqi Dinar Guru guesses!!!

3-23-2013 Intel Guru Frank26 Article: “IMF mission concludes Article 4 discussion with Iraq” Article 4 is the key to their shackles, Chapter 7. In the last 10 days the IMF met with the GOI and the CBI. They accepted everything presented to them to have approval to raise the value of their currency. This was the key to their shackles, it’s called Article 4. The IMF needed 85% of it’s members to raise their hands and say they allow Iraq to increase their exchange rate and the got it. They now exit from, from the IMF, Article 14, accepted through Article 4, to enter International status of Article 8. Read more…

3-22-2013: Iraqi Dinar Guru guesses!!!

3-22-2013: Iraqi Dinar Guru guesses!!!

3-22-2013 Newshound/Intel Guru BGG Article: “Urgent…Maliki holds sectarian MPs, officials responsible for recent bombings in Iraq” He’s basically saying he’ll arrest anyone demonstrating against him…Good luck – that will be a lot of people. On the other hand – the opposition is pretty much blaming Maliki for these events.

3-22-2013 Intel Guru OCrush It seems the UNSC has approved the release of Chapter VII with conditions. They have till March 31st (love the timeline) for them to complete the border and compensate the families. Iraq needs to approve the monies that was given by Kuwait to the families.. Read more…

Economist calls for implementation of the project to delete the three zeroes from the currency

Economist calls for implementation of the project to delete the three zeroes from the currency for the withdrawal of counterfeit currency from the market

22-03-2013 10:40 AM

Baghdad (news) .. Asked economist Salim al-Daini, the central bank applying the project to delete the three zeroes from the currency in early next year, to eliminate counterfeit currency in the local market. said Daini (of the Agency news): The project to delete the three zeroes from the currency will serve the Iraqi people in terms of reducing groups large and easily traded, as well as support the economy Read more…

Some banks civil licensed to sell hard currency refrain from selling the dollar for citizens

Parliamentary Finance: Some banks civil licensed to sell hard currency refrain from selling the dollar for citizens

22-03-2013 12:32 PM

Baghdad (news) .. A member of the Finance Committee MP / National Alliance / Hussain Yasiri, for the reluctance of some banks civil from the sale of hard currency for citizens, and obtained by the central bank auction, which contributed to reducing the exchange rate of the Iraqi dinar against the dollar. Yasiri said (of the Agency news): Some banks in the private sector get large amounts of hard currency from the Read more…

3-21-2013: Iraqi Dinar Guru guesses!!!

3-21-2013: Iraqi Dinar Guru guesses!!!

3-21-2013 Intel Guru Delta They have given Iraq all the way to the end of this month to increase and release the rate. They got the green light to move forward. I was told they got the rate as well but it was not imparted to me. But I was told they did in fact get the new rate and the IMF approved that rate! The rate already exists but we don’t know what it is. Only certain people know what it is. We don’t know the date and rate. The budget will trigger this new rate! Read more…

Iran’s Role In Iraqi Dinar Devaluation

Iran’s Role In Iraqi Dinar Devaluation

Posted on 21 March 2013.

By Omar al-Shaher for Al-Monitor.
There were conflicting accounts of the reasons for the rise in the value of the US dollar against the Iraqi dinar earlier this month. Politicians and economists have said that Iranian companies boosted the value of the dollar against the dinar by entering the Central Bank of Iraq’s (CBI) auction for hard-currency sales and buying large quantities in order to smuggle them into Iran. On the other hand, a former senior official at the CBI said the rise is Read more…

Executive work of the Central Bank led to a decline in the exchange rate of the Iraqi dinar

Deputy: interference by the executive work of the Central Bank led to a decline in the exchange rate of the Iraqi dinar

21-03-2013 10:58 AM

Baghdad (news) .. Refer rapporteur of the committee of economy and investment MP / coalition of Kurdish blocs / Mahma Khalil, a low exchange rate of the Iraqi dinar against the dollar to a variety of reasons the most important problems that occurred job bank and executive interference decisions Central. Khelil said (of the Agency news): There are many reasons made of the Iraqi dinar fall against the U.S. dollar, including Read more…

High value of central bank sales of the dollar at today’s meeting

High value of central bank sales of the dollar at today’s meeting

Wednesday, March 20, 2013 14:42

BAGHDAD / Baghdadiya News / .. record auction sale currency at the central bank, Wednesday, the high value of the sales of the dollar to exceed “128” million dollars.
The governor of the Central Bank and Abdul Basit Turki Agency in a statement quoted by his press office and received / Baghdadi News / copy of it, that “the value of central bank auction sales reached during Read more…

Misuse of monetary policy behind the low exchange rate of the Iraqi dinar against the dollar

Misuse of monetary policy behind the low exchange rate of the Iraqi dinar against the dollar

03/20/2013 (00:01 pm)

BAGHDAD / Mustafa worship

Refer Financial experts and owners banking offices Dollar rises to misuse of monetary policy by the authorities concerned, and local markets are volatile since the period in the exchange rate of the Iraqi dinar against the dollar.
He attributed the economic expert contrary goldsmith high exchange rate of the dollar misusing monetary policy instruments relating to the stability of currency exchange rate, and which Read more…

Central Bank demanding action to curb the spread of counterfeit Iraqi dinars

Amer Winner: Central Bank and the security agencies demanding action to curb the spread of counterfeit Iraqi dinars

18-03-2013 11:04 AM

Baghdad (news) .. The member of the Economic Commission MP / National Alliance / Amer winner, the Central Bank and the Directorate of Economic Crime to take their measures necessary to prevent the spread of counterfeit currency Iraqi dinars on the local market. complained Babil province spread of counterfeit currency of dinars in different categories in the market and replaced Read more…

3-17-2013: Iraqi Dinar Guru guesses!!!

3-17-2013: Iraqi Dinar Guru guesses!!!

3-17-2013 Newshound Guru Mailman17 A FEW DAYS AGO A FEW COUNTRIES…ESPECIALLY CHINA AND RUSSIA, SIGNED VERY LUCRATIVE OIL DEALS WITH THE KURDISTAN REGION. APPARENTLY REPRESENTATIVES FROM THE 5 VOTING MEMEBERS OF THE UN INCLUDING CHINA AND RUSSIA MET WITH MALIKI. THEY DO NOT WANT ANY INTERFERENCE WITH THESE DEALS AND FOR THESE DEALS TO BE IN PLACE MEANS THE HCL IS NO LONGER AN ISSUE. THE ONLY OTHER THING THEY NEED OUTSIDE OF THE HCL AND 140 IS KUWAIT DONE. THEN THE UN CAN RECIND CHAP 7. WHEN PARLIAMENT RE CONVENES I THINK THEY MIGHT JUST HAMMER OUT THE NECESSARY LAWS NEEDED TO FINALLY GET THIS UNDER WAY. Read more…

Severe restrictions on the sale of the dollar lifted its price before the Iraqi dinar

Economic Center: severe restrictions on the sale of the dollar lifted its price before the Iraqi dinar and not the political situation

Published in: 3:08 pm, March 17, 2013 by ipa 2 Views: 140

BAGHDAD (Iba) .. denied Director of Economic Media Center Dergham Mohammed Ali, a tense situation Isaias impact on the high price of the dollar against the Iraqi dinar, attributing the rise to a series of actions taken by the central bank in determining the buying and selling of the dollar.

Ali told the independent press (Iba) “The political situation did not affect the rise in the dollar, but the actions taken by the central bank are the cause, noting: that Read more…

Central Bank procedures for the sale of hard currency caused the reduction rate of the Iraqi dinar against the dollar

Specialists: Central Bank procedures for the sale of hard currency caused the reduction rate of the Iraqi dinar against the dollar

17-03-2013 12:31 PM

Baghdad (news) / report / Hussein Faleh / .. After that saw Iraqi dinar exchange rate stable remarkable for hard currency for a long time but he came back to drop, especially after the crisis the central bank that toppled Governorate Shabibi and a number of his staff, where he received the President of Supreme Audit Basset Turki tasks agency until a governor efficient Read more…

3-16-2013: Iraqi Dinar Guru guesses!!!

3-16-2013: Iraqi Dinar Guru guesses!!!

3-16-2013 Intel Guru Frank26 22 days ago I told You Jack L. or Christine L. were soon going to make a speech via a video that would be released to the world concerning Iraq. Get ready…You are about to see it. It was made 22 Days ago. The video will be between now and the 20th…On all networks, IMO. I really should not be sharing this opinion just yet but I too am excited. Read more…

3-15-2013: Iraqi Dinar Guru guesses!!!

3-15-2013: Iraqi Dinar Guru guesses!!!

3-15-2015 Intel Guru Frank26 [Frank can you share some of your findings today that encouraged you to put us all on white alert?] Based on two factors: Our WF sources and what they are finally telling the CITIZENS on Iraqia TV. WF is very close to us right now. IMO, My Teams have changed their posture on the IQD and us future customers. It went from it is a scam last year to Us responding by saying Ok, Then let me talk to your legal department cause I wish to sue WF. Why? Cause You sold me dinars last year. Then at the start of this 2013 They un-masked their purpose with the IQD. But we then learned WF will ONLY talk to us AFTER CH 7 is lifted. So we both stay close. Read more…

Specialists: political differences behind the low rate of the Iraqi dinar

Specialists: political differences behind the low rate of the Iraqi dinar

The time on Friday, 15 March / March 2013 11:30

BAGHDAD / Nasir Ali

Reflected the deterioration of the security and political situation in Iraq, and the late adoption of the federal budget, negatively on the economy and monetary stability are facing a rapid decline in Iraqi dinar value.

The Iraqi Central Bank announced after the last session of the auction sale of currencies, a sharp increase in the demand for dollar whose value exceeded Read more…

3-14-2013: Iraqi Dinar Guru guesses!!!

3-14-2013: Iraqi Dinar Guru guesses!!!

3-14-2013 Newshound Guru Eagle1 It is a complete reversal of the kind of banking management and protocols we have seen during the past decades. This requires — in part — that the central banks of the participating nations derive their currency values based on the relative asset base of each country. In a recent report by Ernst & Young (the same financial firm that does the audits for the Central Bank of Iraq) published late in 2012, they state that many international firms which have moved abroad (in order to avoid negative consequences) are returning to their home countries in order to tap new funding sources and retail banking because of Basel III implementation. These new funding sources and retail banking opportunities are/and will be the product of revalued national currencies. Read more…

Government: No new agreement on the demarcation of the border with Kuwait

Government: No new agreement on the demarcation of the border with Kuwait

The time on Thursday, 14 March / March 2013 07:30

Baghdad / Orr News

Legal Counsel confirmed to Prime Minister Nuri al-Maliki and the absence of any new agreement between the Iraqi and Kuwaiti government on the demarcation of the border between the two countries, pointing out that what is happening now is the application of UN Security Council resolution No. 833 for the year 1994 is binding on Iraq.

Said Fadel Mohammed Jawad said, “Any new agreement does not exist between Read more…

Central Bank announces near new decisions to reduce the high rate of foreign currencies

Central Bank announces near new decisions to reduce the high rate of foreign currencies

Thursday, March 14, 2013 10:27

BAGHDAD / Baghdadiya News / .. Iraqi Central Bank announced on Thursday that it was taking a number of new decisions that will change the exchange rate of foreign currencies against the Iraqi dinar and thereby contributing to its stability in the currency market.
The bank said in a press statement received / Baghdadiya News / copy of “Central Bank and after follow-up floury to the high exchange rate of foreign currency in the secondary markets in Iraq, tends to Read more…