Posts Tagged ‘Iraqi Dinar’

Central Bank demands to ease the sale of hard currency measures to support the exchange rate of the Iraqi dinar

Economist: Central Bank demands to ease the sale of hard currency measures to support the exchange rate of the Iraqi dinar

14-03-2013 11:37 AM

Baghdad (news) .. Refer economist Salim al-Daini, reasons to increase the price of the dollar against the Iraqi dinar to the measures taken by the central bank in the process of selling hard currency, calling it a complex procedure and is supportive of the Iraqi dinar. said Daini (of the Agency news): The central bank is responsible for rate cut Iraqi dinar exchange against the U.S. dollar, because of its procedures complex Read more…

MP warns of the spread of fake hard currency in the market because it will harm the national economy

MP warns of the spread of fake hard currency in the market because it will harm the national economy

14-03-2013 12:37 PM

Baghdad (news) .. Warned rapporteur of the committee of economy and investment MP / coalition of Kurdish blocs / Mahma Khalil, the spread of counterfeit currency in different categories of the dollar in the market because it would negatively affect the economy, calling on the security agencies to intensify their efforts to control fraud and prevent their spread. Khelil said (of the Agency news) : The first responsibility to Read more…

Iraqi dinar needs economic stability to make it a desirable currency internationally

Financial expert: Iraqi dinar needs economic stability to make it a desirable currency internationally

Date: 03/11/2013 12:31:14 Monday

Baghdad (news) .. Economic expert said Hamid al-Musawi, the importance of activating the productive sectors to reduce foreign imports of goods and services to support the Iraqi dinar and make it desirable in all countries of the world.
Moussawi said (of the Agency news): The monetary policy pursued by the central bank responsible for rejection of the regional countries and the global deal in Iraqi dinars, because Read more…

The devaluation of the Iraqi dinar exchange rate caused by the actions of the Central Bank

A member of the Finance Committee: the devaluation of the Iraqi dinar exchange rate caused by the actions of the Central Bank

Date: 03/10/2013 11:42:58 Sunday

Baghdad (news) .. Warned a member of the Finance Committee MP / National Alliance / Amin Hadi Abbas, the continued reduction of the exchange rate of the Iraqi dinar against the U.S. dollar in the coming period as a result of actions of the Central Bank to sell foreign currency.
Abbas said (of the Agency news): that the reason for reducing the value of the dinar during the current period due to the Read more…

3-9-2013: Iraqi Dinar Guru guesses!!

3-9-2013: Iraqi Dinar Guru guesses!!

3-9-2013 Newshound Guru Tlar Article: “Maliki: National Alliance will continue to adopt laws by majority political” although nobody can accurately predict the future, I don’t believe the Kurds will go against or pull away from Iraq. The 3 sects unfortunately are tied together and as they jockey for position one thing has become clear. The people have a voice in their government. The one thing about democracy that stands out is that the people of Iraq have effectively learned to demonstrate and protest. This is a primary tool of democracy. It mostly does not exist in totalitarian systems because the governments can’t tolerate this tool. Either the people protesting are slaughtered or there is a complete rebellion as in Syria. The shear fact that tool is being used, gives me great hope that their is a future for Iraq’s fledgling democracy. Read more…

3-8-2013: Iraqi Dinar Guru guesses!!!

3-8-2013: Iraqi Dinar Guru guesses!!!

3-8-2013 Newshound Guru Breitling Others are saying that the rate is built into the new budget. That is false. There is not a rate built into the budget. They have talked about what rates they are going to hit and what stages they are going to do it. Do we know exactly how they are going to ladder out the currency we have and at what rate. No, we don’t. We are on the road to be able to profit from this. Nothing but good news coming out of Iraq. It’s all there, it’s all public information, you just have to go through all this information and recognize what they did and what they are doing. Then you have to recognize if they are doing it and that’s the exciting part, they are actually doing it. It’s a beautiful thing. Read more…

High rates of inflation and the decline of economic development is reason for the low value of the Iraqi dinar

High rates of inflation and the decline of economic development is reason for the low value of the Iraqi dinar

Witnessed domestic markets declined slightly priced dinar accompanied anticipation in the popular collapse of local result of the deteriorating conditions of the Central Bank at the present time,
Financial said the extent of “do not need to fear of falling value of the Iraqi dinar at the current stage because factors Read more…

Central bank seeks to create a balance between supply and demand for the dollar

Member of the economy: monetary policy pursued with the central bank seeks to create a balance between supply and demand for the dollar

Date: 08/03/2013 14:07:16 Friday

Baghdad (news) .. A member of the economic and investment commission MP / National Alliance / Salman al-Moussawi, the monetary policy followed with the central bank as “good” as seeking to create a balance between supply and demand for hard currency.
Moussawi said (of the Agency news): The policy of the central bank to the sale of hard currency is supportive regulatory measures to the exchange rate of the Iraqi dinar, and requests from Read more…

3-7-2013: Iraqi Dinar Guru guesses!!!

3-7-2013: Iraqi Dinar Guru guesses!!!

3-7-2013 Intel Guru SteveI Everything is approved and all blocs approved the budget but Kurdish blocs were absent, however, all of their provisions were met in the previous articles before article 12. This is final. Ray and I have talked many times this morning and to our contacts, and it is official period.

3-7-2013 Intel Guru Delta URGENT URGENT URGENT IRAQI PARLIAMENT APPROVE THE BUDGET. [ IYO, do you think that there is a chance that you will see a rate tonight? (This morning for you)?] REMEMBER NO ONE KNOWS THE DATE AND THE RATE…BUT IMO WILL NOT SEE THE RATE TODAY. AFTER THE IMPORTANT MEETING IN JORDAN WITH THE IMF THEN…..TA…..DA. Read more…

Rise in central bank sales of the currency with the participation of 22 banks

Rise in central bank sales of the currency with the participation of 22 banks

Published on Thursday, 07 March / March 2013 13:18

BAGHDAD / obelisk: sales rose CBI of the dollar in the auction, Thursday, on the sale and purchase of foreign currency to 131 million and 219 thousand dollars, compared with 125 million and 831 thousand dollars recorded in the previous session, a stable exchange rate at 1166 dinars per dollar.

The bulletin for auction bank that “aggregate Read more…

3-6-2013: Iraqi Dinar Guru guesses!!!

3-6-2013: Iraqi Dinar Guru guesses!!!

3-6-2013 Intel Guru Winalot The leader [IQD] and the follower [VND] appeared today [Tuesday] on the bank screens with a buy/sell rate and they are waiting for some other type of code to be able to purchase it from us. Other than that I think we are about to wrap this little booger up. Forex screens are obviously not showing this yet. I am confused on how this is going to show up publicly and when. Got notices 3 times of change coming from the big boys. No rates were given and no effective dates, but just to expect currency revaluations to be coming down the line. The most interesting thing today is everything is coming together at the same time. Treasury regulations were out today, the screens showing rates, it’s all lining up to pop. Read more…

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

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

3-3-2013 Intel Guru Delta URGENT FROM IRAQIA TV: HIGH EXPECTATION TO PASS THE BUDGET ON MONDAY. IRAQI CITIZENS ARE CAMPING NEXT TO THE PARLIAMENT UNTIL THEY PASS THE BUDGET. ON MONDAY WE HAVE A FULL TEAM WATCHING THE PARLIAMENT. Read more…

Decline of economic development contributed decline in the value of the Iraqi dinar

Moussawi: the decline of economic development contributed decline in the value of the Iraqi dinar against the U.S. dollar

Published in: 3:45 pm, March 3, 2013 by ipa 2

BAGHDAD (Iba) .. A member of the Economic Committee MP Salman al-Moussawi, that the strength of the Iraqi dinar and the monetary value depends on the strength of the economy of the country and the extent of recovery sectors of the state’s income-generating and not the central bank auction.

He Musawi told the independent press (Iba) to “The value of the Iraqi dinar does not depend on what is sold in the daily auction of Central Bank, but the Read more…

Stability of the value of the Iraqi dinar will attract foreign investment to the country

Economist: the stability of the value of the Iraqi dinar will attract foreign investment to the country

Date: 03/01/2013 09:47:49 Friday

Baghdad (news) .. Called economic expert Majid picture, to the need to maintain the exchange rate of the Iraqi dinar against international currencies to attract foreign investment to the country.
He said the picture (of the Agency news): The investors are looking for the right climate for investment and the environment dominated by political and security stability and economic stability that means maintaining Read more…

2-28-2013: Iraqi Dinar Guru guesses!!!

2-28-2013: Iraqi Dinar Guru guesses!!!

2-28-2013 Newshound Guru Adam Montana [About 1 1/2 years ago with Shabs at the helm, the CBI adjusted the sell rate from 1170 to 1166…why 4 pips and why then? Why not 3 or 5 or 10 and why then?] The CBI at that time said they did it because that was where the value should be… but those of us that were watching closely at the time know that there was a huge resistance to the move. Many said at the time that there was no reason to do it, that it would not make a difference, and quite honestly… like you said, what is the purpose of such a small move? The purpose was, in my opinion, to show the world that they will move the rate however and whenever they want. The 4 pip move served absolutely no purpose other than just that – to prove that the CBI and only the CBI is in charge of the rate. Read more…

Kurdish insistence on the inclusion of dues of the oil reason for the delay in approving the budget

Hassan Auzmn: Kurdish insistence on the inclusion of dues of the oil companies is the reason for the delay in approving the budget

Wednesday 27 February 2013

BAGHDAD – babysit – A member of the parliamentary Finance Committee Hassan Auzmn that the main reason for the lack of agreement on the draft general budget today is the insistence of the Kurdistan Alliance to the inclusion of financial dues to oil companies operating in Kurdistan in the budget.
And said Ozmn “Kurdistan Alliance’s insistence on the inclusion of those receivables and $ (4.2) trillion Iraqi dinars out of the budget bill, and opposed Read more…

2-26-2013: Iraqi Dinar Guru guesses!!!

2-26-2013 Newshound/Intel Guru Bluedog Article: “Finance Committee MP / coalition in Iraq / Hassan Auzmn Bayati, the importance of handling the national currency, the Iraqi dinar in the commercial and investment operations to support and promote confidence in foreign dealings” Seems to me Turki has just met with Cabinet on investment support mechanisms Iraqi dinar currency…the UST and World Bank are there discussing Currency…and Parliament waiting for word to expose the Budget. Read more…

A parliamentary committee: Turkish failure of the administration of the Central Bank!

A parliamentary committee: Turkish failure of the administration of the Central Bank!

The time on Tuesday, February 26 / February 2013 07:59 | |

BAGHDAD / Walid Mehdi

Uploaded on parliamentary Finance Committee, the central bank governor Abdul Basit Turki responsible for the deterioration of the exchange rate of the Iraqi dinar against the dollar.

She said the failure of the management of the bank as a result of ignorance of monetary policy and banking. The MP said Faleh applicable in a press statement that the exchange rate of the Iraqi dinar against the dollar will remain suffers deterioration and instability due to oust former Fed governor Sinan Shabibi man competent and professional field of monetary policy, Read more…

You must deal in Iraqi dinars in investment and business processes to support

Hassan al-Bayati: You must deal in Iraqi dinars in investment and business processes to support

Date: 25/02/2013 08:46:43 Monday

Baghdad (news) .. According to a member of the Finance Committee MP / coalition in Iraq / Hassan Auzmn Bayati, the importance of handling the national currency, the Iraqi dinar in the commercial and investment operations to support and promote confidence in foreign dealings.
Bayati said (of the Agency news): The most countries of the world to adopt a commercial and investment operations in its national currency, but Iraq is still dependent on the dollar, ماجعل the value of the Iraqi dinar parked on Read more…

2-22-2013: Iraqi Dinar Guru guesses!!!

2-22-2013 Newshound Guru Breitling IMO, they are going to turn the IQD into a phenomenal internationally traded currency with real value behind it. It’s a beautiful thing. One of these days there is going to be a hard revaluation, go up one big shot, even though we can handle it pipping up. It’s going to happen and you guys are sitting on it. For us there is nothing better.

2-22-2013 Newshound Guru Breitling Look at their timing. They could revalue today, but what is the risk to do that? They don’t have the infrastructure up 100%, it might be too big of a risk for them to do that. They need this to last for a very long time. There is not going to be an in country revaluation. It’s going to be an internationally traded currency and a foreign currency reserve. That’s how they are setting it up. That’s why they haven’t revalued yet because they want a long lasting infrastructure and that’s it. They are still on cue. Read more…