Posts Tagged ‘Iraqi Dinar’

Iraqi Planning: More than 41 trillion dinars are available to the governorates in 2024

Iraqi Planning: More than 41 trillion dinars are available to the governorates in 2024

2024-05-25 06:38

Shafaq New / On Saturday, the Ministry of Planning revealed the total financial allocations and amounts available to the governorates during the current year 2024, indicating that more than 41 trillion dinars, the amount of financial amounts available, including investment allocations to the ministries.

The Ministry explained in a statement Read more…

Iraqi Dinar Guru opinions 5-24-2024

Iraqi Dinar Guru opinions 5-24-2024

5-24-2024 Newshound Guru Militia Man Question: People want to know if they can drag this out until next year? Militia Man: We don’t know the timing. But, I don’t think we are even close to go that long. There is way too much going on in the world and this is not only about Iraq. Remember all boats rise with the tide…I believe Iraq is ready to go with the rest of the world. Along with other countries like the Vietnamese dong. Read more…

Iraqi Dinar Guru opinions 5-23-2024

Iraqi Dinar Guru opinions 5-23-2024

5-23-2024 Intel Guru Frank26 A second set of books is a normal business action. Many companies, many firms for financial projections, for balances, for audit purposes, for changes whatever it may be, run a second set of books. The second set of books is simple business practice. It’s not illegal unless you’re doing it illegally under the table…This second set of books is not hidden…they [Iraq] expose it [their second second set of books] to the right people, IMF, World Bank, US Treasury… Read more…

Iraqi Dinar/US Dollar auction results for today 5-23-2024

Iraqi Dinar/US Dollar auction results for today 5-23-2024

Results of the foreign currency selling window for Thursday 5/23/2024
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Parliamentary Finance: The 2024 budget deficit reaches 64 trillion

Parliamentary Finance: The 2024 budget deficit reaches 64 trillion

5-23-2024

Information / Baghdad..
A member of the Parliamentary Finance Committee, Moeen Al-Kadhimi, confirmed on Thursday that the deficit in the 2024 budget tables amounts to 64 trillion dinars.

Al-Kadhimi said in an interview with Al-Maalouma, “The 2024 budget schedules have reached the Parliamentary Finance Committee and its maximum ceiling is Read more…

Iraqi Dinar Guru opinions 5-22-2024

Iraqi Dinar Guru opinions 5-22-2024

5-22-2024 Newshound Guru Militia Man Iraq…increased their non-oil revenues by 6%. That in itself is a massive amount. Is it going to grow? Of course it’s going to grow. They’re just getting started. It’s going to be amazing. Read more…

Iraqi Dinar/US Dollar auction results for today 5-22-2024

Iraqi Dinar/US Dollar auction results for today 5-22-2024

Results of the foreign currency selling window for Wednesday 5/22/2024
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Iraqi Dinar Guru opinions 5-21-2024

Iraqi Dinar Guru opinions 5-21-2024

5-21-2024 Newshound Guru Militia Man Article: “The Central Bank begins the second phase of its banking reform strategy” They’ve completed the first phase of reforms and now into the second phase. Quote: ‘It will inevitably bring stability and the recovery of the dinar.’ This is amazing…There’s some things happening that obviously are beyond our pay grade that are almost available and ready to go. This article…’…inevitably the exchange rate will be in recovery.’ To me that means they’re going to go back to that ‘previous era’. That would be a recovery. Going from 1460 to 1310 or from 1310 to 1182, that’s not ‘recovery’…Second phase is that we’re at that juncture. Read more…

Iraqi Dinar/US Dollar auction results for today 5-21-2024

Iraqi Dinar/US Dollar auction results for today 5-21-2024

Results of the foreign currency selling window for Tuesday 5/21/2024
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Parliamentary Finance: We need 20 days to vote on the budget

Parliamentary Finance: We need 20 days to vote on the budget

5-21-2024

Information / Baghdad..
The head of the Parliamentary Finance Committee, Atwan Al-Atwani, announced today, Tuesday, that voting on the budget tables will not exceed next June 9.

Al-Atwani said in a statement to the Iraqi News Agency, which “Al-Ma’aluma” reviewed, that “the 2024 budget tables have arrived Read more…

Iraqi Dinar Guru opinions 5-20-2024

Iraqi Dinar Guru opinions 5-20-2024

5-20-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani didn’t say anything about the rate inside of the budget. They didn’t say a word. COM didn’t say anything. COM saw the budget with Sudani. We see them sitting there and they’re looking it over but nothing is announced except the approval and that it’s going to the House of Parliament now. FRANK: You know very well what’ going on. He will protect the budget until the very last nano second. Read more…

Iraqi Dinar/US Dollar auction results for today 5-20-2024

Iraqi Dinar/US Dollar auction results for today 5-20-2024

Results of the foreign currency selling window for Monday 5/20/2024
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Iraq’s financial revenues exceed 30 trillion dinars within 3 months

Iraq’s financial revenues exceed 30 trillion dinars within 3 months

2024-05-20 01:09

Shafaq News/ The Ministry of Finance revealed, on Monday, that the volume of Iraqi revenues in the federal budget during three months exceeded 30 trillion dinars, confirming that the oil contribution to the budget Read more…

Parliamentarian from Karbala: We will not vote on the budget schedules unless this demand is met

Parliamentarian from Karbala: We will not vote on the budget schedules unless this demand is met

2024-05-20 05:18

Shafaq News/ The representative of Karbala Governorate, Ibtisam Al-Hilali, refused on Monday to vote on the schedules of the budget law for the year 2024, unless the financial allocations to the governorates and the method of their distribution are Read more…

Iraqi Dinar Guru opinions 5-19-2024

Iraqi Dinar Guru opinions 5-19-2024

5-19-2024 Newshound Guru Militia Man The United States of America said they supported Iraq having accession to the WTO…Saudi Arabia…did 15 years worth of work, in a year, to help Iraq…All the requirements for joining were completed…Now the IMF directors welcomed renewed efforts towards WTO accession.. Read more…

Iraqi Dinar/US Dollar auction results for today 5-19-2024

Iraqi Dinar/US Dollar auction results for today 5-19-2024

Results of the foreign currency selling window for Sunday 5/19/2024
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Iraqi Dinar Guru opinions 5-18-2024

Iraqi Dinar Guru opinions 5-18-2024

5-18-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The news has that specialist…talking about the best way to fill in the gap for the dinar and the dollar (illegal market). He’s telling us the best thing for it to do this is to float…Saleh now talking saying the CBI is the only one that can control this needed float. FRANK: They’re going to float your currency because with a float they can come out at a higher rate than 1 to 1…this is a reinstatement of your exchange rate…The fact that they’re talking about floating all day long…is because this is the next step in the monetary reform. Once they give you the new exchange rate and your new currency seconds later your currency will start to float…on international platforms Read more…

Iraqi Dinar Guru opinions 5-17-2024

Iraqi Dinar Guru opinions 5-17-2024

5-17-2024 Intel Guru Wolverine [via Judy Byington] “I hope you guys are excited. …A lot of things are happening… Bond Holders will probably get blessed this week. Remember, the bond holders go first, and then the currencies holders. Tier4B will actually be “golden” in a few days, in my own opinion, we are that close right now… Read more…

Floating the Iraqi dinar…a solution to fill the “gap” of its troubled price against the dollar

Floating the Iraqi dinar…a solution to fill the “gap” of its troubled price against the dollar

2024-05-17 06:10

Shafaq News/ The stability of the Iraqi dinar has been facing major challenges for years, as it has witnessed price fluctuations that have not stabilized, especially with the rapid rise and very slow decline of the price of the dollar, in addition to a gap between what the Iraqi Central Bank determines and what is sold in the parallel market, especially in Read more…

Iraqi Dinar Guru opinions 5-16-2024

Iraqi Dinar Guru opinions 5-16-2024

5-16-2024 Intel Guru Frank26 Community Comment: “I Remember you stated a long time ago that the float will be quick.” Yeah, IMO the hunger for the Iraqi dinar is great and the investors are almost endless. I believe when it floats it’ll be like getting gunpowder on fire. It’ll move fast…Within 3 months you’re going to see a significant change. Within 6 months it may be done. I hope that within a year they’ll cap it…IMO $3.86 to $4.25. Read more…