Posts Tagged ‘Iraqi Dinar’

Iraqi Dinar Guru opinions 6-3-2024

Iraqi Dinar Guru opinions 6-3-2024

6-3-2024 Newshound Guru Militia Man Article: “Parliamentary Finance resumes its meetings regarding the budget in preparation for voting on the schedules” Quote: “Parliament decided, according to the agenda, to hold its twenty-seventh regular session next Monday…” I am not sure how long voting will take on the paragraph. But, if they are going to vote to do a budget at 1310 that would have a deficit of 64 trillion that would not be good for the people and they want to see another term in office they’ll need the 3 zeros to be removed from the exchange rate. If there isn’t a removal by Al-alaq they’ll be in a pickle be sure. Read more…

Iraqi Dinar/US Dollar auction results for today 6-3-2024

Iraqi Dinar/US Dollar auction results for today 6-3-2024

Results of the foreign currency selling window for Monday 6/3/2024
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Iraqi Dinar Guru opinions 6-2-2024

Iraqi Dinar Guru opinions 6-2-2024

6-2-2024 Newshound Guru Militia Man That vote [scheduled Monday 3:00pm Baghdad time vote on the 2024 budget tables] is prior to markets opening in the United States in New York. Will they vote? Will they do it? We’re going to find out. Read more…

Iraqi Dinar/US Dollar auction results for today 6-2-2024

Iraqi Dinar/US Dollar auction results for today 6-2-2024

Results of the foreign currency selling window for Sunday 6/2/2024
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Iraqi Dinar Guru opinions 6-1-2024

Iraqi Dinar Guru opinions 6-1-2024

6-1-2024 Newshound Guru Samson Article: “The Finance Committee confirms the approaching end of its work on the budget tables: We are ready for Monday’s session” House of Representatives are under the gun – Monday 3:00 PM Baghdad Scheduled for a Vote. Read more…

Iraqi Dinar Guru opinions 5-31-2024

Iraqi Dinar Guru opinions 5-31-2024

5-31-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Television is showing a report on paper from IBBC on the de-dollarization inside of Iraq. They’re telling us they’ve been doing it all this time…They even talk about that part from the World Bank discussion on changing the dinar exchange rate. It’s powerful. This is all on the news. FRANK: The monetary reform education to you citizens will get very loud… Read more…

Iraqi Dinar Guru opinions 5-30-2024

Iraqi Dinar Guru opinions 5-30-2024

5-30-2024 Newshound Guru Militia Man Article quote: “If we assume the Central Bank issues a new currency this will not affect the exchange rate of the Iraqi dinar.” This guy is not wrong…It won’t in my view. The exchange rate will affect the new small denominations though…If they change the value of the exchange rate by dropping the three zeros, therefor the new denominations will be affected by it, which will be value. It’s pretty simple. Read more…

Iraqi Dinar/US Dollar auction results for today 5-30-2024

Iraqi Dinar/US Dollar auction results for today 5-30-2024

Results of the foreign currency selling window for Thursday 5/30/2024
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Iraqi Dinar Guru opinions 5-29-2024

Iraqi Dinar Guru opinions 5-29-2024

5-29-2024 Intel Guru Frank26 There’s an article that says, ‘We’re not going to come out with the the lower denominations because it won’t affect the exchange rate of the Iraqi dinar.’ What are you stupid? I’m talking to the media. The media is owned by the far nasty side and they don’t want this to happen. They don’t want anyone to know about the monetary reform success so they put out information that a little misleading…Of course they’re going to come out with lower denoms…remove the three zeros…add value to the currency. That’s what they’ve been telling you… Read more…

Iraqi Dinar/US Dollar auction results for today 5-29-2024

Iraqi Dinar/US Dollar auction results for today 5-29-2024

Results of the foreign currency selling window for Wednesday 5/29/2024
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Iraqi Dinar Guru opinions 5-28-2024

Iraqi Dinar Guru opinions 5-28-2024

5-28-2024 Newshound Guru Militia Man If they’re going to have liquidity and they don’t have it now it’s going to require new small category denominations to be in circulation. Just as al-Alaq’s project to delete the zeros would require new denominations. Did they do that in 2018 and have them in storage? I believe they did… Read more…

Iraqi Dinar/US Dollar auction results for today 5-28-2024

Iraqi Dinar/US Dollar auction results for today 5-28-2024

Results of the foreign currency selling window for Tuesday 5/28/2024
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Economist: The budget is not affected by the dollar exchange rates… and explains why

Economist: The budget is not affected by the dollar exchange rates… and explains why

05/28/2024

An economic expert ruled out that the financial budget was affected by the dollar exchange rates.

Bassem Jamil Antoine told Al-Furat News Agency, “The budget is not affected by the rise or fall of the dollar exchange rates, because Iraq will receive the dollar from Read more…

Expert: The Iraqi economy is witnessing remarkable growth, which was contributed to the decline in the dollar exchange rate

Expert: The Iraqi economy is witnessing remarkable growth, which was contributed to the decline in the dollar exchange rate

2024-05-28 03:38

Economist Jabbar Goran revealed on Tuesday the high rate of economic growth in the country and that the Iraqi financial system is linked to the global banking system.

The economic expert and spokesman for the currency market Read more…

Iraqi Dinar Guru opinions 5-27-2024

Iraqi Dinar Guru opinions 5-27-2024

5-27-2024 Newshound/Intel Guru Mnt Goat Samir Al-Nusairi, the Central Bank announced that it will launch the national lending strategy on 5/25/2024, which is a clear announcement of the beginning of the second phase of its banking reform strategy…CBI announces it has completed the first phase of it by…building solid international banking relationships with international banks and correspondent banks. Get ready…. Read more…

Iraqi Dinar/US Dollar auction results for today 5-27-2024

Iraqi Dinar/US Dollar auction results for today 5-27-2024

Results of the foreign currency selling window for Monday 5/27/2024
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Central Bank: The issuance of new monetary denominations will not affect the dinar exchange rate

Central Bank: The issuance of new monetary denominations will not affect the dinar exchange rate

5-27-2024

Information / Baghdad
Member of the Board of Directors of the Central Bank of Iraq, Ahmed Barihi, confirmed today, Monday, that the issuance of new cash denominations, large or small, will not affect the dinar exchange rate.

Brehi told Al-Ma’louma, “Issuing rumors on social media sites about the issuance of Read more…

Iraqi Dinar Guru opinions 5-26-2024

Iraqi Dinar Guru opinions 5-26-2024

5-26-2024 Newshound Guru Militia Man If they change the value of their currency they’re going to have more surpluses…The oil price is about $70 in the 2023 budget. That hasn’t changed for ’24 or ’25 because that’s a tripartite budget. They got a surplus. Oil is somewhere around $80. It’s been as high as $91ish. The expectations of oil is to be somewhere in the neighborhood of $80/$90 and they even talk about $100/barrel…Iraq is going to be sitting pretty good…They have phosphates…sulfur…natural gas…Those non-oil revenue streams…taxes and tariffs are going to come online…Iraq has a good foundation for Alaq to do what he’s supposed to do. Read more…

Iraqi Dinar/US Dollar auction results for today 5-26-2024

Iraqi Dinar/US Dollar auction results for today 5-26-2024

Results of the foreign currency selling window for Sunday 5/26/2024
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Iraqi Dinar Guru opinions 5-25-2024

Iraqi Dinar Guru opinions 5-25-2024

5-25-2025 Intel Guru Frank26 Question: “What is the price of a bottle of Coke in Iraq?” Way too much and that’s why the prices are being adjusted and a new exchange rate will come out to match the new or lower denominations. Read more…