Posts Tagged ‘Iraqi Dinar’

The dollar is reeling from a fatal blow and there are fears of a collapse of the dinar

The dollar is reeling from a fatal blow and there are fears of a collapse of the dinar

05/10/2024

Report: Wafaa Al-Fatlawi
The fluctuation in dollar prices and the rise in gold prices has significantly affected the contraction of the commercial market in terms of imports and purchases of goods, amid confusion in opinions between the return of the rise in green and its decline to the official price set by the state of 1,320 dinars per dollar.

The price of the dollar in the parallel market is currently Read more…

Iraqi Dinar Guru opinions 5-9-2024

Iraqi Dinar Guru opinions 5-9-2024

5-9-2024 Intel Guru Frank26 Who tells the CBI they can raise the value of their currency? IMF…The US Treasury has its own problems. It’s called the American dollar. The CBI works with the IMF. Go to the IMF website and look up the Iraqi dinar. It’s going to tell you the Iraqi dinar is going through a reevaluation and a reinstatement adding value to its currency. Read more…

Iraqi Dinar/US Dollar auction results for today 5-9-2024

Iraqi Dinar/US Dollar auction results for today 5-9-2024

Results of the foreign currency selling window for Thursday 5/9/2024
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Iraqi Dinar Guru opinions 5-8-2024

Iraqi Dinar Guru opinions 5-8-2024

5-8-2024 Newshound Guru Paulette Community Comment: “Iraq on May 9 ascends to FULL membership in the WTO” I hope you are correct regarding the WTO. However, the documentable facts and articles regarding this issue would say otherwise. Don’t misunderstand, the documentable facts and articles are EXTREMELY positive. Iraq, under Sudani appears to be serious about becoming WTO members, opening the country to International trade, moving from a Rentier Economy to a Market Economy and finally implementing the Delete the Zeros Project. Everyone should be excited even if it takes months more to accomplish. Read more…

Iraqi Dinar/US Dollar auction results for today 5-8-2024

Iraqi Dinar/US Dollar auction results for today 5-8-2024

Results of the foreign currency selling window for Wednesday 5/8/2024
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Iraqi Dinar Guru opinions 5-7-2024

Iraqi Dinar Guru opinions 5-7-2024

5-7-2024 Newshound Guru Militia Man Article: “Iraqi Council of Ministers approves the 2024 budget schedules” The next step would be to take those schedules and deliver them to the House of Representatives. If we see that, that’s going to be powerful because everybody’s gonna be biting their nails because it could very well suggest something could happen prior to that happening. It’s a nail biter… Read more…

Iraqi Dinar/US Dollar auction results for today 5-7-2024

Iraqi Dinar/US Dollar auction results for today 5-7-2024

Results of the foreign currency selling window for Tuesday 5/7/2024
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Iraqi Dinar Guru opinions 5-6-2024

Iraqi Dinar Guru opinions 5-6-2024

5-6-2024 Intel Guru Frank26 there’s no set date for this to happen. That’s just the way it is. I’m sorry if you can’t tolerate that, you should move on. But if you can tolerate what a speculative investment brings into you your life then you understand, oh my gosh…[Saleh] just told the Iraqis the Iraqi citizens that the exchange rate for our currency it’s almost reached the official rate and once it does we’re calling upon it to float… Read more…

Iraqi Dinar/US Dollar auction results for today 5-6-2024

Iraqi Dinar/US Dollar auction results for today 5-6-2024

Results of the foreign currency selling window for Monday 5/6/2024
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An economic expert explains the reasons for the dollar’s decline in the parallel market

An economic expert explains the reasons for the dollar’s decline in the parallel market

5-6-2024

Information / Baghdad…
Today, Monday, economic expert Safwan Qusay explained the reasons for the decline in the value of the dollar against the Iraqi dinar in the parallel market, pointing out the necessity of taking a number of government financial and economic measures to support the dinar.

Qusay told Al-Maalouma, “There is a policy followed by the Central Bank of Iraq Read more…

A parliamentary committee monitors the “funny and crying” paradoxes in the policies of the Iraqi Central Bank

A parliamentary committee monitors the “funny and crying” paradoxes in the policies of the Iraqi Central Bank

2024-05-06 03:01

Shafaq News/ On Monday, a parliamentary committee observed paradoxes that it described as “cryingly funny” in the policies of the Central Bank of Iraq that resulted in the waste of billions of dinars, calling for an investigation into this file.

The Parliamentary Services Committee said, in a statement received Read more…

Iraqi Dinar Guru opinions 5-5-2024

Iraqi Dinar Guru opinions 5-5-2024

5-5-2024 Intel Guru Frank26 Article: “Specialist: Floating the dinar is economic suicide” Economists are saying to the Iraqi citizens that a flotation is detrimental whereas the CBI Saleh, the advisor, the Financial Ministers, all these people are saying the complete opposite, ‘we’re about to float…why do you think we have all this stuff set up? Why are we following international laws? Why do you think we’re article VIII? Why do you think we’re going to be WTO is 7 more days?’ Floating the dinar is suicidal? No it’s suicidal for you. Read more…

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

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

Results of the foreign currency selling window for Sunday 5/5/2024
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Iraqi Dinar Guru opinions 5-4-2024

Iraqi Dinar Guru opinions 5-4-2024

5-4-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The economists here are saying with so much on the line from the budget funding all types of investment in our economy they’re saying the exchange rate will be fixed. It’s not going to float because there’s too many bad things that can happen with a float…Now we have another guy coming on the news saying floating the dinar is suicidal. FRANK: Hey, you don’t want us to do that because that’s what Sudani wants…because that’s what the CBI agreed with the US Treasury. Read more…

Iraqi Dinar Guru opinions 5-3-2024

Iraqi Dinar Guru opinions 5-3-2024

5-3-2024 Newshound Guru Militia Man Article quote: “The dangers of the exchange rate fluctuations in the event that demands for floating the dinar are met…” This is a topic that’s been out there…fixed exchange rates…They’re talking about a new exchange rate…fixed exchange rate or floating exchange rate. They’re talking about it for one reason, because a new exchange rate is coming…A. Are they going to float the currency? B. Are they going to peg it to a currency or a basket of currency and fix it?… Read more…

Iraqi Dinar Guru opinions 5-2-2024

Iraqi Dinar Guru opinions 5-2-2024

5-2-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Some guy on television talking about advantages that we as Iraqi citizens are going to have with a fixed exchange rate pegged to a stronger currency. He says Iraq now has a soft peg and…the float is not necessarily as a fixed rate… FRANK: The monetary reform education is explaining the reason why you don’t need a basket…They are also expressing you don’t need a float. That’s because your reserves are so powerful…But IMO the float will occur because it needs to reach the real effective exchange rate of your currency on an International level. They are also trying to explain to you you do not need to be pegged to any currency, not even the dollar. Read more…

Iraqi Dinar/US Dollar auction results for today 5-2-2024

Iraqi Dinar/US Dollar auction results for today 5-2-2024

Results of the foreign currency selling window for Thursday 5/2/2024
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Economic: Financial liquidity is available and there are no risks to the Iraqi dinar

Economic: Financial liquidity is available and there are no risks to the Iraqi dinar

5-2-2024

Information/Baghdad..
Economic expert Safwan Qusay confirmed that financial liquidity is available and there are no high risks regarding the existence of the Iraqi dinar.

Qusay said, in a televised interview followed by “Al-Maalouma”: “Oil revenues rose during the first three months of this year, and this is thanks to Read more…

Iraqi Dinar Guru opinions 5-1-2024

Iraqi Dinar Guru opinions 5-1-2024

5-1-2024 Newshound/Intel Gurus Walkingstick and Frank26 [Iraq boots-on-the-ground report] FIREFLY: Alaq the CBI governor is on the television and he’s talking about the banks and the financial inclusion. They are saying to us that there are changes coming…Iraq has just given us Identity Program. This will be launched next Thursday on the 6th…They called them Unified National Cards. WALKINGSTICK: Those are nothing more but identification cards because you’re going to be needed them when you go into the bank to get your new currency. Read more…

Iraqi Dinar Guru opinions 4-30-2024

Iraqi Dinar Guru opinions 4-30-2024

4-30-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: No word yet on the budget thus we thinking it will never get there first without the CBI popping the rate first then goes to parliament. FRANK: Yes, 100%…You cannot launch a rocket without fuel. You cannot launch this budget without the exchange rate… Read more…