Posts Tagged ‘Iraqi Dinar’

Iraqi Dinar Guru opinions 3-20-2024

Iraqi Dinar Guru opinions 3-20-2024

3-20-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: It’s going to float once it gets to 1.32. FRANK: I disagree because it’s already at 1.32. It will float IMO a little higher. The RI will take it to $3.22 IMO. But because it’s been 20 years I strongly believe IMO they may cap it around $4.25…The other currencies around the Middle East will not complain if the Iraqi dinar is higher than their rate… Read more…

Iraqi Dinar/US Dollar auction results for today 3-20-2024

Iraqi Dinar/US Dollar auction results for today 3-20-2024

Results of the foreign currency selling window for Wednesday 3/20/2024
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Iraqi Dinar Guru opinions 3-19-2024

Iraqi Dinar Guru opinions 3-19-2024

3-19-2024 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: The funding for all of 2024, last Wednesday was suspended…and it was changed…They must be using the new exchange rate. They said they changed it and then sent it to the Council of Ministers for the review. Then it is to be sent to the House for a vote…It should be going for a vote any time. We think it’s going to move to 1.32 making it $0.76 which is not more than the dollar like Sudani promised, until they add the new exchange rate to it. That’s what we’re expecting. Read more…

Iraqi Dinar/US Dollar auction results for today 3-19-2024

Iraqi Dinar/US Dollar auction results for today 3-19-2024

Results of the foreign currency selling window for Tuesday 3/19/2024
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Iraqi Dinar Guru opinions 3-18-2024

Iraqi Dinar Guru opinions 3-18-2024

3-18-2024 Newshound Guru Militia Man Article: “Parliamentary Finance: The federal budget is in the corridors of the Council of Ministers, and there is no specific date for sending it” Quote: “On June 12, 2023, the Iraqi Parliament approved the tripartite budget law for the years 2023, 2024, and 2025. Last year’s total budget amounted to 197 billion dinars, which is the largest in the country’s history.” Take note that they used 197 Billion Dinars. That is a little over $150 million USD at the current exchange rate of 1,310 IQD… Seriously? I do not think so, unless they have done something we have yet to see. Read more…

Iraqi Dinar/US Dollar auction results for today 3-18-2024

Iraqi Dinar/US Dollar auction results for today 3-18-2024

Results of the foreign currency selling window for Monday 3/18/2024
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Iraqi Dinar Guru opinions 3-17-2024

Iraqi Dinar Guru opinions 3-17-2024

3-17-2024 Newshound/Intel Guru Mnt Goat I have to say that the CBI cannot turn back from all the progress already made. Also remember that the citizens of Iraq are reading all these articles too about increasing the value of the dinar and so it is way beyond the point of returning to the same old, same old…Remember two things if nothing else: 1. It’s not IF but WHEN this event is going to happen and; 2. It has to happen and soon. Read more…

Iraqi Dinar/US Dollar auction results for today 3-17-2024

Iraqi Dinar/US Dollar auction results for today 3-17-2024

Results of the foreign currency selling window for Sunday 3/17/2024
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Iraqi Dinar Guru opinions 3-16-2024

Iraqi Dinar Guru opinions 3-16-2024

3-16-2024 Intel Guru Frank26 I made a mistake…$0.76 was correct. I apologized…It’s 1.32 to $1 which comes out to the $0.76. Read more…

Iraqi Dinar Guru opinions 3-15-2024

Iraqi Dinar Guru opinions 3-15-2024

3-15-2024 Intel Guru Frank26 There was an announcement made by the Prime Minister Sudani…He told the Iraqi citizens, I’m going to add value to your currency. He used a solemn oath that swears upon Allah their God. You don’t go around breaking that promise. It was exciting to realize the Prime Minister told the people, I assure you, I give you a solemn holy oath were going to add value to the currency…Sudani told the citizens we’re going to raise it to $1.32…He explained if we lift the 3-zeros from the exchange rate we’ll be able to give you $1.32 in country. That’s good purchasing power. Read more…

Iraqi Dinar Guru opinions 3-14-2024

Iraqi Dinar Guru opinions 3-14-2024

3-14-2024 Newshound/Intel Guru Mnt Goat Don’t be discouraged, the currency reform and banking process has come a very long way in a short period of time since January 2023 compared to waiting since 2011, when the plan originated with the IMF on how to turn the currency back on. So we went 11 years with not much progress then suddenly a huge jump which tells us something is up. This alone is all telling…If Iraq is to progress, as they say is their goal, they will need a globally recognized and traded currency once again and get it VERY SOON! Read more…

Iraqi Dinar/US Dollar auction results for today 3-14-2024

Iraqi Dinar/US Dollar auction results for today 3-14-2024

Results of the foreign currency selling window for Thursday 3/14/2024
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Parliamentary Finance: We look forward to coordinating with the Central Bank to increase the value of the dinar

Parliamentary Finance: We look forward to coordinating with the Central Bank to increase the value of the dinar

3-14-2024

Information/Baghdad..
Today, Thursday, the Parliamentary Finance Committee announced its aspiration to coordinate with the Central Bank to increase the value of the dinar and control the market.
The Media Department of the House of Representatives stated in a statement received by the “Al-Ma’louma” Agency, “The Finance Committee met Read more…

The Ministry of Finance is discussing with the Central Bank ways to increase the value of the Iraqi dinar

The Ministry of Finance is discussing with the Central Bank ways to increase the value of the Iraqi dinar

2024-03-14 03:48

Shafaq News/ Today, Thursday, the Parliamentary Finance Committee discussed with the Central Bank of Iraq monetary policy, the banking system in the country, and ways to increase the value of the Iraqi dinar.

This came in a meeting held by the committee, Read more…

Iraqi Dinar Guru opinions 3-13-2024

Iraqi Dinar Guru opinions 3-13-2024

3-13-2024 Newshound Guru Paulette This is clearly what the article said… They are weighing changing the rate from 1,320 dinars per dollar to 1.32 dinars per dollar. This is clearly 76 cents to 1 IQD…Currently the rate is 1,320 IQD to 1 USD. Looking it at the other way, this is 0.0007575 USD to 1 IQD. If they drop 1 zero from the exchange rate: 132.0 IQD to 1 USD or 0.007575 USD to 1 IQD. If they drop 2 zeros: 13.2 IQD to 1 USD or 0.07575 USD to 1 IQD. If they drop 3 zeros: 1.32 IQD to 1 USD or .7575 USD to 1 IQD. Therefore, 1.32 IQD to 1 USD is 76 cents to each IQD. Read more…

Iraqi Dinar/US Dollar auction results for today 3-13-2024

Iraqi Dinar/US Dollar auction results for today 3-13-2024

Results of the foreign currency selling window for Wednesday 3/13/2024
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Iraqi Dinar Guru opinions 3-12-2024

Iraqi Dinar Guru opinions 3-12-2024

3-12-2024 Newshound/Intel Guru Mnt Goat Article: “THE NEW IRAQI OIL LAW UNDERMINES THE DREAM OF KURDISH INDEPENDENCE” Quote: “On February 21, the Federal Supreme Court ruled that the Iraqi Kurdistan Regional Government must hand over “all oil and non-oil revenues” to Baghdad.” This is a solid start to getting the Oil and Gas Law completed and to parliament for a vote. This must be completed to finish a Constitutional requirement to fully implement the new 2005 Iraqi Constitution. This was told to me a decade ago that this is critical to normalizing Iraq. So this is all excellent news for us today… Read more…

Iraqi Dinar/US Dollar auction results for today 3-12-2024

Iraqi Dinar/US Dollar auction results for today 3-12-2024

Results of the foreign currency selling window for Tuesday 3/12/2024
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Iraqi Dinar Guru opinions 3-11-2024

Iraqi Dinar Guru opinions 3-11-2024

3-11-2024 Intel Guru Frank26 The conditions of the monetary reform are perfect. All the waiting that we’ve been having forever and ever is also very perfect because what we’re waiting for is just one thing and one thing only, the new exchange rate. That’s it. The evidence is, banks know now. Read more…

Iraqi Dinar/US Dollar auction results for today 3-11-2024

Iraqi Dinar/US Dollar auction results for today 3-11-2024

Results of the foreign currency selling window for Monday 3/11/2024
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