Posts Tagged ‘Iraqi Dinar’

Iraqi Dinar Guru opinions 6-27-2024

Iraqi Dinar Guru opinions 6-27-2024

6-27-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
How can Sudani say again today the dinar is worth more than the dollar, yet it’s still 1320? My bank guys says, simple. All these contracts and agreements with other countries is with dinar at a new rate which they are operating it without nobody else’s knowledge…it has to be that, no other explanation. Read more…

Iraqi Dinar/US Dollar auction results for today 6-27-2024

Iraqi Dinar/US Dollar auction results for today 6-27-2024

Results of the foreign currency selling window for Thursday 6/27/2024
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Deputy reveals the amount of dollar bleeding daily

Deputy reveals the amount of dollar bleeding daily

6-27-2024

Information / Baghdad
Today, Thursday, Representative Muhammad Al-Khafaji revealed the amount of dollar bleeding daily.

Al-Khafaji told Al-Ma’louma Agency, “The Central Bank’s dollar sales amount to 300 million dollars per day at the official set price,” noting that “the price difference from the parallel market amounts to Read more…

Iraqi Dinar Guru opinions 6-24-2024

Iraqi Dinar Guru opinions 6-24-2024

6-26-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Saleh is on TV. He’s saying we have no cash supply issue and Iraq is positioned as the strength of the Middle East. FRANK: Because they are about to flood you with lower notes. There’s no liquidity issue…He’s trying to tell you we’re about to give you purchasing power… Read more…

Iraqi Dinar/US Dollar auction results for today 6-26-2024

Iraqi Dinar/US Dollar auction results for today 6-26-2024

Results of the foreign currency selling window for Wednesday 6/26/2024
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Iraqi Dinar Guru opinions 6-25-2024

Iraqi  Dinar Guru opinions 6-25-2024

6-25-2024 Intel Guru Frank26 My teams and I are looking for more…for the budget, anything about it. I’m looking for the HCL…speaker of the house to be selected…pictures and videos to be released. I’m looking for more than the soldiers/CBI representatives at the ATM machines with more explanation about them and what’s in them. I’m looking for the lower notes…new exchange rate. That’s what we’re looking for…and I hope you are too. Read more…

Iraqi Dinar Guru opinions 6-24-2024

Iraqi Dinar Guru opinions 6-24-2024

6-24-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Television says the electing of new speaker will speed the approval of the oil and gas law. FRANK: IMO, yes it certainly will. I agree with you 100%…that’s extremely important. It’s very good news because the HCL brings us a new exchange rate. Read more…

Iraqi Dinar/US Dollar auction results for today 6-24-2024

Iraqi Dinar/US Dollar auction results for today 6-24-2024

Results of the foreign currency selling window for Monday 6/24/2024
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An economist expects the dollar exchange rate to approach the 140,000 threshold

An economist expects the dollar exchange rate to approach the 140,000 threshold

6-24-2024

Information / Baghdad..
Today, Monday, the economic expert, Nabil Al-Ali, expected a decline in the exchange rates of the US dollar against the Iraqi dinar during the coming period.

Al-Ali told Al-Maaloma Agency, “There is a possibility that the exchange rate of the dollar against the dinar will reach Read more…

Iraqi Dinar Guru opinions 6-23-2024

Iraqi Dinar Guru opinions 6-23-2024

6-23-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
Measures by the CBI they say will reduce the dollar rate…They say it will help reduce the dollar rate in coming days. FRANK: The only measure the CBI is taking to reduce the amount of dollars in your country is the introduction of a new exchange rate that will add value to your currency, to your lower notes, and eradicate the need of using any foreign currency. This is the goal of the monetary reform process…I agree, in the coming days this mechanism…will bring forth value to your currency and continue to remove the American dollar from your society. Read more…

Iraqi Dinar/US Dollar auction results for today 6-23-2024

Iraqi Dinar/US Dollar auction results for today 6-23-2024

Results of the foreign currency selling window for Sunday 6/23/2024
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Iraqi Dinar Guru opinions 6-22-2024

Iraqi Dinar Guru opinions 6-22-2024

6-22-2024 Intel Guru Frank26 Question: “How much longer are they going to hide the budget?” Good question because you see everything that’s in the budget requires the new exchange rate. The HCL is coming out, which requires the new exchange rate…The ATMs have the lower notes, which require the new exchange rate…Sometimes my opinions I should keep to myself and this is one… Read more…

Iraqi Dinar Guru opinions 6-21-2024

Iraqi Dinar Guru opinions 6-21-2024

6-21-2024 Intel Guru Frank26 $3.22 is the actual reinstatement…They’re not going to reinstate it…but it would be enough to launch it into the float, let the float take care of it. The float will take it up to…$3.86…$4.25…$4.72. Inflation is the reason why they have been doing this RV that’s leading into an RI but the RI is not feasible therefore due to inflation a float is necessary to take it to the real effective exchange rate, which may be around the numbers I suggested… Read more…

Iraqi Dinar Guru opinions 6-20-2024

Iraqi Dinar Guru opinions 6-20-2024

6-20-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY:
My bank guy said…Sudani…sent Alaq out in February…to announce to everybody that we were going to have a change in our exchange rate. Then Sudani comes out and talks to us about it as well…in March…considering a change in our currency to 1.32 from 1320. Now that the budget is about to be revealed he strongly suggests to me that we will be seeing the new exchange rate at 1.32 instead of 1320. FRANK: They keep the exchange rate at 1320 to give you more purchasing power…They are about to give this power to you. Read more…

Iraqi Dinar Guru opinions 6-19-2024

Iraqi Dinar Guru opinions 6-19-2024

6-19-2024 Newshound Guru Clare Article: “Iraq is preparing to establish a project that will change the oil map.. Will it affect energy producers?” Quote: “Iraq’s budget for the current year 2024 allocated an amount of up to 4.9 billion dollars to establish a pipeline extending from Basra in the far south of Iraq on the waters of the Gulf, to the city of Haditha, located in the far west of Iraq within the Anbar Governorate” Read more…

Iraqi Dinar Guru opinions 6-18-2024

Iraqi Dinar Guru opinions 6-18-2024

6-18-2024 Newshound Guru Militia Man All we’re looking for now, to some degree, is when are they going show these amendments to be law. We heard different things about the president having to sign, not sign, we have 15 days time frames and people are debating on when that time frame starts – was it June 3rd or was it the day he received it? Do we know the exact day he received it? I don’t. But we know our time is short…Once the amendments are passed into law, we’d like to think that prior to that they’re going to expose the new real effective exchange rate and probably mention they’ve done the project to delete the zeros which get you the nominal effective exchange rate. Read more…

Are the reserves of the Central Bank of Iraq in danger?

Are the reserves of the Central Bank of Iraq in danger?

2024-06-18 06:34

Experts’ statements revealed a decline in the value of the foreign reserves of the Central Bank of Iraq by 2.4%, while gold reserves increased by 16%.

Monetary reserves of foreign currencies are an extremely important issue for the economies of any country to confront Read more…

Iraqi Dinar Guru opinions 6-17-2024

Iraqi Dinar Guru opinions 6-17-2024

6-17-2024 Newshound/Intel Guru Walkingstick When they load or if they have loaded them up [new ATMs], the note count has already been determined. The note count for each individual machine has already been accounted for…These machines will be the state of the art…State of the art has nothing to do with a program rate. If it was they would have had the state-or-the-art with the program rate for the last 20 years…The CBI is desperately trying to put out the least amount of currency at the onset before they release the new exchange rate. Because once they do this, if needed, they will be able to add to this note count as the value is needed. Read more…

Iraqi Dinar Guru opinions 6-16-2024

Iraqi Dinar Guru opinions 6-16-2024

6-16-2024 Guru Nader From The Mid East Article: “Iraq Bulks Up Gold Reserves, Inch Up World Rankings” Quote: “Their holdings have grown to 145.7 tons, a bump of over 3 tons compared to 142.6 tons the previous month. This increase…is enough to nudge Iraq one spot higher in the WGC’s global ranking, landing them 31st place out of 100 countries.” Read more…

Iraqi Dinar Guru opinions 6-15-2024

Iraqi Dinar Guru opinions 6-15-2024

6-15-2024 Intel Guru Frank26 They went on televisions and they’re showing us…Rafadin Bank…brought in all of this equipment…It’s in these crates. They’re telling us they are deploying the latest ATM machines in all banks today. They said the next step they would follow up with are the commercial areas…They also said they’re going to release all of these ATM machines in malls and many other locations. They’re saying these ATM machines have the latest technology and are state of the art. FRANK: These ATM machines have the new software…for the lower notes and that’s why the CBI is positioning them for you right now. Read more…