Posts Tagged ‘Iraqi Dinar’

Iraqi Dinar/US Dollar auction results for today 12-21-2023

Iraqi Dinar/US Dollar auction results for today 12-21-2023

Results of the foreign currency selling window, Thursday 12/21/2023
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Iraqi Dinar Guru opinions 12-20-2023

Iraqi Dinar Guru opinions 12-20-2023

12-20-2023 Intel Guru Frank26 Article: “IMF Staff Concludes Staff Visit with Iraq” FROM THE IMF, FROM THE HORSE’S MOUTH… GIVES PERMISSION TO PULL THE FINANCIAL LYNCHPIN ON THE GRENADE OF THE MONETARY REFORM! Read more…

Iraqi Dinar/US Dollar auction results for today 12-20-2023

Iraqi Dinar/US Dollar auction results for today 12-20-2023

Results of the foreign currency selling window, Wednesday 12/20/2023
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An economic vision on linking the dinar to the US dollar: a weak point for Iraq

An economic vision on linking the dinar to the US dollar: a weak point for Iraq

12-20-2023

Information/private..
Today, Wednesday, the economic expert, Diaa Al-Mohsen, considered the link of the Iraqi economy to the dollar currency a “weak point” for the country, while indicating the “optimal” way to overcome this problem.

Al-Mohsen said, in an interview with the Maalouma Agency, that “pegging the local currency to the US dollar represents a state of weakness Read more…

Iraqi Dinar Guru opinions 12-19-2023

Iraqi Dinar Guru opinions 12-19-2023

12-19-2023 Intel Guru Wolverine “I received a call on Sat. 16 Dec. from a very high source. All I can say is that Christmas is coming and we are going to have a very good Christmas. Read more…

Iraqi Dinar Guru opinions 12-18-2023

Iraqi Dinar Guru opinions 12-18-2023

12-18-2023 Newshound Guru Clare Article: “Chairman of the Board of Commissioners: The electoral process is proceeding smoothly, and the voting machines will stop at six in the evening” Read more…

Iraq’s financial revenues exceed 106 trillion dinars within 10 months, and an expert comments

Iraq’s financial revenues exceed 106 trillion dinars within 10 months, and an expert comments

2023-12-18 00:50

Twilight News/ The Ministry of Finance revealed, on Monday, that the size of Iraqi revenues in the budget In ten months, the Federal Reserve exceeded 106 trillion dinars, confirming the high contribution of oil in the budget to 95%, while an economist Read more…

Iraqi Dinar Guru opinions 12-17-2023

Iraqi Dinar Guru opinions 12-17-2023

12-17-2023 Guest Guru PompeyPeter The head of the armed forces coming out and saying the whole of the armed forces from Wednesday to Wednesday starting the day before yesterday through Wednesday of next week are on the highest level of alert in the whole of the armed forces. Level C…It’s like a bloody call for a war, reservists and so on. It’s saying it’s because of the election on the Monday the 18th…That makes no sense. Most countries like here in the UK and the US we don’t have a day off for an election. Last time they had council elections they only had 40% turn out. Pretty apathetic. It’s Iraq, they give them a day off. Now Sudani says they have two days off, Monday and Tuesday. Now we hear the whole bloody army’s been called up on massive stay of alert. Read more…

Iraqi Dinar/US Dollar auction results for today 12-17-2023

Iraqi Dinar/US Dollar auction results for today 12-17-2023

Results of the foreign currency selling window, Sunday 12/17/2023
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Iraq seeks “monetary sovereignty” Restrictions on the dollar “confuse” Everyday life

Iraq seeks “monetary sovereignty” Restrictions on the dollar “confuse” Everyday life

December 17, 2023

Al-Harith Hassan, an employee in the oil sector in the city of Basra in southern Iraq, has been unable for months to withdraw his full salary in dollars from the bank, after the authorities imposed new restrictions that complicate the use of hard currencies, in their effort to control Read more…

Iraqi Dinar Guru opinions 12-16-2023

Iraqi Dinar Guru opinions 12-16-2023

12-16-2023 Intel Guru Frank26 Article: “A STATEMENT ISSUED BY THE IRAQ ECONOMIC CONTACT GROUP OF THE GROUP OF SEVEN COUNTRIES, THE EUROPEAN UNION, AND THE WORLD BANK” Quote: “During the coming year, the Iraq Economic Contact Group welcomes further cooperation to support the development of the economic and financial sector in Iraq, including Prime Minister Muhammad Shia al-Sudani’s policies to enhance the value of the dinar and oversee monetary policy. A clear announcement of the new policies regarding the dinar during the transitional period…” WHEN IS THE TRANSITIONAL PERIOD?… STARTS DEC. 20TH FOR 5 DAYS. Read more…

The Iraqi currency exported…to where?

The Iraqi currency exported…to where?

2023-12-16 00:37

Introduction: Shawan Zangana
The Iraqi currency issued is the banknotes issued by the Central Bank for circulation (i.e. printed), with the exception of cash in the vaults of the Central Bank, and is usually found in the vaults of local banks, and in the possession of citizens. The size of this monetary mass depends on the economic situation in Iraq, from Where the growth of the gross domestic product, the speed of monetary circulation, and the level of prices therein, however, the monetary data of the Central Bank of Iraq Read more…

Iraqi Dinar Guru opinions 12-15-2023

Iraqi Dinar Guru opinions 12-15-2023

12-15-2023 Intel Guru Frank26 [Chase Bank Story] BANK STORY LADY: I called Chase Bank this morning…I asked would they be exchanging the Iraqi dinar this January 1, 2024. He said we haven’t been given the information yet but we will probably get it around December 31, 2023 or January 1, 2024. FRANK: I agree with him BTW. BANK STORY LADY: He was so nice. He invited me to come in at anytime and open an account. The other [call] said not all the Chase Banks would not be handling the foreign currency. They didn’t know which ones yet. Read more…

Al-Sudani: The Iranian side has no problem in dealing commercially with Iraq using dinars or tomans

Al-Sudani: The Iranian side has no problem in dealing commercially with Iraq using dinars or tomans

2023-12-15

The Prime Minister, “Mohamed Shiaa Al-Sudani,” said Thursday, that: “Economic reform begins with the financial and banking sectors,” while noting that “the government is committed to providing the dollar at the official rate, and stressed that” The Iranian side has no problem in dealing commercially with Iraq in dinars Read more…

Iraqi Dinar Guru opinions 12-14-2023

Iraqi Dinar Guru opinions 12-14-2023

12-14-2023 Newshound/Intel Guru Mnt Goat I asked [my CBI contact] what the next targeted steps were and I was told that the committee does not even know and were told just to standby and the CBI is going to try to “push” to continue as they are ready for the next step in the process. I was told the IMF is negotiating the new peg for the dinar but to remember it impacts all countries in this new peg not just Iraq. I was told this is close to being completed and should be done this week ending. This lines us up for next week to begin the currency sway [swap ?] out, but they told me it is delayed until further notice. Read more…

Iraqi Dinar/US Dollar auction results for today 12-14-2023

Iraqi Dinar/US Dollar auction results for today 12-14-2023

Results of the foreign currency selling window, Thursday 12/14/2023
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Iraqi Dinar Guru opinions 12-13-2023

Iraqi Dinar Guru opinions 12-13-2023

12-13-2023 Newshound/Intel Guru Walkingstick What does it mean to float? …It means the Iraqi dinar de-pegging [from the dollar] and pairing with a bunch of currencies in an international basket from the Middle East…The reason why they’re adding it to a basket is to add value to the currency of Iraq via the international markets…The most important thing here is all of this international movements via this basket are being done with no restrictions…This rate will be determined by the amount of supply and demand of the currency of Iraq in that basket. You can already see that demand is astronomical with all the contracts that have been signed that want to come into the country of Iraq and invest…Currencies have already been swapped. Read more…

Iraqi Dinar/US Dollar auction results for today 12-13-2023

Iraqi Dinar/US Dollar auction results for today 12-13-2023

Results of the foreign currency selling window, Wednesday 12/13/2023
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Iraqi Dinar Guru opinions 12-12-2023

Iraqi Dinar Guru opinions 12-12-2023

12-12-2023 Newshound/Intel Guru Mnt Goat Article Quote: “covering imports from retailers Turkey in tens of millions of euros, through Iraqi merchants paying in Iraqi dinars and the Central Bank strengthening them in euros to settle with Turkish merchants in Turkish lira.” …WOW! WOW! WOW! Iraq is paying for imports in dinars. We have been waiting for this news for so long now, almost 17 years… We also previously heard that Iraq is trading with Iran in dinars too… this is all VERY GOOD news as this is how international trade should work… Read more…

Iraqi Dinar/US Dollar auction results for today 12-12-2023

Iraqi Dinar/US Dollar auction results for today 12-12-2023

Results of the foreign currency selling window, Tuesday 12/12/2023
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