Posts Tagged ‘Iraqi Dinar’

Iraqi Dinar Guru opinions 1-2-2023

Iraqi Dinar Guru opinions 1-2-2023

1-2-2024 Intel Guru Frank26 The monetary reform is successful. All they need to do now is give them the new exchange rate and the new currency that they’ve been talking to them about. It’s successful. That’s why everybody’s signing contracts left and right and pouring into Iraq…You honestly think the contracts are being signed at a program rate? Of course not… Read more…

Iraqi Dinar Guru opinions 1-1-2023

Iraqi Dinar Guru opinions 1-1-2023

1-1-2024 Intel Guru Goldilocks Banking Announcement of the CBI in Iraq: In an official statement from the CBI of Iraq, customers inside Iraq can receive the dollar with the permission of investors involved in the transaction. Otherwise, all transactions are to be done in the Iraqi Dinar going forward in order to enhance confidence in the dinar. This official statement is the new monetary policy that has been decided to begin on January the 2nd, 2024 per the Council of Ministries. Read more…

The Central Bank clarifies the mechanism for delivering incoming remittances in the dollar currency

The Central Bank clarifies the mechanism for delivering incoming remittances in the dollar currency

2024-01-01

On Sunday, the Central Bank of Iraq clarified the mechanism for delivering incoming transfers in the US dollar currency, as it stated in its statement that, in implementation of the monetary policy objectives and to enable banks to meet the needs of their customers in foreign currency, the Central Bank of Iraq has specified Read more…

Iraqi Dinar Guru opinions 12-31-2023

Iraqi Dinar Guru opinions 12-31-2023

12-31-2023 Intel Guru Frank26 Question: “Is Iraq going forward with only dinars as of January 1st?” Yes and that is the key…the next 24 hours is a very important key to see if they use it to unlock the monetary reform….If the Iraqi citizens have absolutely no other currency but the dinar to use in their country…how are they going to do it with a 3-zero note that has almost no value to it? Read more…

Iraqi Dinar/US Dollar auction results for today 12-31-2023

Iraqi Dinar/US Dollar auction results for today 12-31-2023

Results of the foreign currency selling window, Sunday 12/31/2023
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Iraqi Dinar Guru opinions 12-30-2023

Iraqi Dinar Guru opinions 12-30-2023

12-30-2023 Newshound/Intel Guru Mnt Goat …we can see what is slowly happening is that Iraq is moving back to a normalcy of their financial system an international normalcy. It takes much more than just putting in place the banking reforms, the means and the mechanisms to do it as we have witnessed over the past years. But now they are actually doing it. It may be slow but remember they are still under the strong arm of the US Treasury on this matter too and are working very closely with them at their pace. In many ways this is good as we want the US to support this process when it comes time to give the “green light”. This is why so many visits by the US Treasury to Iraq. Read more…

Iraqi Dinar Guru opinions 12-29-2023

Iraqi Dinar Guru opinions 12-29-2023

12-29-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Financial expert on TV saying there will be changes to the value to the Iraqi dinar after the new year. FRANK: The CBI, without any fear, without pulling any punches back, they flat out tell you the beginning for next year your currency will have value added to it. Of course, because you won’t be able to use any other currency in your country. Therefore the sanctioned, punished program, used toilet paper rate of your 3-zero notes is going away…You are about to be a powerful linchpin in the financial theater of this world. Iraq is about to change as quickly as darkness turns into light. Get ready, you are about to walk with elegance and grace once again. Read more…

Iraqi Dinar Guru opinions 12-28-2023

Iraqi Dinar Guru opinions 12-28-2023

12-28-2023 Newshound/Intel Guru Mnt Goat …there is always one news article to grab my attention and stands out from the rest…WOW, WOW, WOW news. It says that the purpose of foreign currency in Iraq is to deal with it outside the [national] economy, so it is not possible to consider the existence of a price in the dollar and a price in the dinar: one rises and the other falls. No monetary policy can control such a situation…Folks this is just what we have been waiting for so long to hear…This is huge news. Read more…

Iraqi Dinar/US Dollar auction results for today 12-28-2023

Iraqi Dinar/US Dollar auction results for today 12-28-2023

Results of the foreign currency selling window, Thursday 12/28/2023
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Parliamentary Committee: The dollar exchange rate will stabilize with the broader launch of the budget

Parliamentary Committee: The dollar exchange rate will stabilize with the broader launch of the budget

28/12/2023

Member of the Parliamentary Finance Committee, Jamal Kujar, said today, Thursday, that the decline in the exchange rates of the dollar against the Iraqi dinar is due to the citizen’s fear of the fluctuation occurring, and linked this to the budget that was stopped before the local elections, while he indicated that Read more…

Iraqi Dinar Guru opinions 12-27-2023

Iraqi Dinar Guru opinions 12-27-2023

12-27-2023 Intel/Newshound Guru Babysmom WE WILL NOT KNOW WHAT THE RATES ARE UNTIL THE DAY WE GO TO EXCHANGE. THEY WILL BE BASED ON FOREX AND WITH THE DINAR IT WILL BE BASED ON WHAT THE PRICE OF A BARREL OF OIL IS AT THE TIME WE EXCHANGE Read more…

Iraqi Dinar/US Dollar auction results for today 12-27-2023

Iraqi Dinar/US Dollar auction results for today 12-27-2023

Results of the foreign currency selling window, Wednesday 12/27/2023
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130 billion dinars in fines from the Central Bank of Iraq on banks and exchange companies

130 billion dinars in fines from the Central Bank of Iraq on banks and exchange companies

2023-12-27 02:56

Shafaq News/ The Central Bank of Iraq announced, on Wednesday, that it had imposed fines on banks and exchange companies exceeding 127 billion Iraqi dinars during the past 11 months.

A table of the bank, seen by Shafaq News Agency, showed that the fines imposed Read more…

Iraqi Dinar Guru opinions 12-26-2023

Iraqi Dinar Guru opinions 12-26-2023

12-26-2023 Intel Guru Frank26 The IMF regulates all banks around the world. If a bank wants to come out with a new currency they will talk to the IMF about it…Whatever it might be concerning the financial structure of a country with its banks the IMF has to give the okay…Why? Because you’re dealing with every country internationally. Well, Iraq isn’t. They’re about to! And that’s the point…They’re about to do what big boys do, what big banks do. The IMF has worked with them…This is the conclusion of those meetings. Read more…

Iraqi Dinar/US Dollar auction results for today 12-26-2023

Iraqi Dinar/US Dollar auction results for today 12-26-2023

Results of the foreign currency selling window, Tuesday 12/26/2023
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The Iraqi dinar recovered against the dollar amid government measures to confront speculators

The Iraqi dinar recovered against the dollar amid government measures to confront speculators

December 26, 2023

Today, Tuesday, the currency exchange in the Iraqi capital, Baghdad, recorded new gains achieved by the Iraqi dinar against the dollar , as the monetary authorities and the Iraqi government continue to implement measures to combat Read more…

Iraqi Dinar Guru opinions 12-25-2023

Iraqi Dinar Guru opinions 12-25-2023

12-25-2023 Guru Nader From The Mid East Article quote: “Salih the financial advisor to the Prime Minister confirmed that the dollar exchange rates in the parallel market began to approach the official price set at 1320 per dollar after recent measures taken by the central bank and the Iraqi government…” Read more…

Iraqi Dinar/US Dollar auction results for today 12-25-2023

Iraqi Dinar/US Dollar auction results for today 12-25-2023

Results of the foreign currency selling window, Monday 12/25/2023
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A financial expert points out the reasons for the continuous decline in the dollar exchange rate

A financial expert points out the reasons for the continuous decline in the dollar exchange rate

12-25-2023

Information/Baghdad..
On Monday, financial expert Nabil Al-Ali attributed the continued decline in the exchange rate of the US dollar towards the Iraqi dinar to several factors, the most important of which is the change in the attitudes of merchants and public opinion through their conviction of the strength and status of the dinar.

Al-Ali said in a statement Read more…

Kurdistan will prevent dealing in the dollar in 2024 if Baghdad wants – a special statement

Kurdistan will prevent dealing in the dollar in 2024 if Baghdad wants – a special statement

12-25-2023

The Minister of Commerce in the Kurdistan Government, Kamal Muslim, confirmed in a statement to the 964 Network that the region only adopts the Iraqi dinar in transactions at the level of border crossings and airports, and said that measures to prevent the circulation of the dollar will include Read more…