Posts Tagged ‘Iraqi Dinar’

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…

Iraqi Dinar/US dollar auction results for today 5-16-2024

Iraqi Dinar/US dollar auction results for today 5-16-2024

Results of the foreign currency selling window for Thursday 5/16/2024
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Iraqi Dinar Guru opinions 5-15-2024

Iraqi Dinar Guru opinions 5-15-2024

5-15-2024 Intel Guru Frank26 Article: “Sudanese directs to hold an extraordinary session next Sunday to discuss the 2024 budget schedules”
AN EXTRAORDINARY SESSION… FOR AN EXTRAORDINARY ANNOUNCEMENT! Read more…

Iraqi Dinar/US Dollar auction results for today 5-15-2024

Iraqi Dinar/US Dollar auction results for today 5-15-2024

Results of the foreign currency selling window for Wednesday 5/15/2024
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Iraqi Dinar Guru opinions 5-14-2024

Iraqi Dinar Guru opinions 5-14-2024

5-14-2024 Intel Guru Frank26 Article: “Floating the dinar” returns to the forefront.. Will the Central Bank of Iraq resort to it and what are its risks?” Floating the dinar, oh my goodness, they are talking to the Iraqi citizens about the monetary reform…Floating the dinar is what they’re going to do… Read more…

Iraqi Dinar/US Dollar auction results for today 5-14-2024

Iraqi Dinar/US Dollar auction results for today 5-14-2024

Results of the foreign currency selling window for Tuesday 5/14/2024
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Iraqi Dinar Guru opinions 5-13-2024

Iraqi Dinar Guru opinions 5-13-2024

5-13-2024 Intel Guru Frank26 Forgive me that I jumped the gun and told you, hey this represent the lower denoms [fils] in paper form [it was a 5000 note]…The colors were wrong…The color is what threw us off. I apologize…What we taught was 100% true [though]…The CBI is teaching the Iraqi citizens about lower notes…coins…They’re also teaching about fils, the coins, in paper form. Read more…

Iraqi Dinar/US Dollar auction results for today 5-13-2024

Iraqi Dinar/US Dollar auction results for today 5-13-2024

Results of the foreign currency selling window for Monday 5/13/2024
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Saleh explains the relationship between the rise in gold and the decline of the dollar and warns of a “double-edged sword”

Saleh explains the relationship between the rise in gold and the decline of the dollar and warns of a “double-edged sword”

05/13/2024

The financial advisor to the Prime Minister, Mazhar Muhammad Saleh, explained the reason for the rise in gold prices in local markets with the noticeable decline in the dollar exchange rate against the dinar.

Saleh told {Al-Furat News} agency, “It is observed at the level Read more…

Iraqi Dinar Guru opinions 5-12-2024

Iraqi Dinar Guru opinions 5-12-2024

5-12-2024 Intel Guru Frank26 This [new green 1000 fil note] is not a “lower note”…it falls under the category of fils. What does that mean? …It takes 1,000 fils to make 1 dinar. What does that mean? It means the monetary reform is successful. It’s brilliant! …it is cheaper to print paper than it is to mint coins…They are not minting coins right now…these are called fils but they’re in paper form… Read more…

Iraqi Dinar/US Dollar auction results for today 5-12-2024

Iraqi Dinar/US Dollar auction results for today 5-12-2024

Results of the foreign currency selling window for Sunday 5/12/2024
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Iraqi Dinar Guru opinions 5-11-2024

Iraqi Dinar Guru opinions 5-11-2024

5-11-2024 Newshound Guru Militia Man Article: “Floating the dinar returns to the forefront will the Central Bank of Iraq resort to it and what the risks?” The bottom line is Iraq is going to make an exchange rate change. They’ve told you about it…A managed float is a mix of a fixed and a float…Are they going to change it to a free float? Probably not because there’s a lot of risks at that stage…Ultimately what is their goal? Raising the value of the dinar against the dollar. That’s what they’re going to be trying to do… Read more…

Iraqi Dinar Guru opinions 5-10-2024

Iraqi Dinar Guru opinions 5-10-2024

5-10-2024 Intel Guru Frank26 Don’t you have to have a high exchange rate to be part of the WTO? No. What do you have to have? A sanction free currency. Are there any sanctions on the dinar? No more…99.9% are gone. Sanction free currency. Sanction free country. Sanction free bank of that country. That’s why they’re members of the WTO. They already told you that they are and that’s the end of that subject…You need to see something that tells you it’s official today? They already told you. Read more…