Posts Tagged ‘Iraqi Dinar’

Al-Alaq denies the existence of a scarcity of dinar stocks

Al-Alaq denies the existence of a scarcity of dinar stocks

PM:02:40:11/27/2023

Today, Monday, the Governor of the Central Bank of Iraq, Ali Al-Alaq, denied the existence of a scarcity in the stock of the Iraqi dinar, and while determining the size of the dinar’s monetary mass and those in circulation, he revealed a broad strategic plan to expand the transition Read more…

Iraqi Dinar Guru opinions 11-26-2023

Iraqi Dinar Guru opinions 11-26-2023

11-26-2023 Newshound Guru Militia Man Article: “The highest among the Gulf countries.. The Arab Monetary Fund expects the Iraqi economy to grow by 4.5%” There is likely no doubt that Iraq is about to have massive growth going forward. To be the highest just now among all middle eastern countries is going to be a big deal. I suspect the ISX is going to be on fire this next year even more so than ever before.. Read more…

Iraqi Dinar/US Dollar auction results for today 11-26-2023

Iraqi Dinar/US Dollar auction results for today 11-26-2023

Results of the foreign currency selling window, Sunday 11/26/2023
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Finance sets the date for issuing the second issuance of reconstruction bonds and reveals its details

Finance sets the date for issuing the second issuance of reconstruction bonds and reveals its details

11-26-2023

Information / Baghdad..
On Sunday, the Ministry of Finance announced the offering of the second reconstruction bonds next Tuesday, while clarifying their details.

The Ministry stated in a statement received by the “Al-Ma’louma” Agency, “In continuation of the government program related to achieving financial stability Read more…

Iraqi Dinar Guru opinions 11-25-2023

Iraqi Dinar Guru opinions 11-25-2023

11-25-2023 Newshound Guru Militia Man Article: “Ministry of Transport intends to open direct airlines towards Australia, America, Malaysia” It’s not just about a few regional countries. It’s about many different places. Once you start opening up the airports all the investors can gain access to the country to take charge of their investment, produce their businesses. It’s a really big thing to have an international airport full…they have their capacity…what they’re using today is at 100% and they’re not even international yet… Read more…

More than a billion dollars in sales from the Iraqi Central Bank within a week

More than a billion dollars in sales from the Iraqi Central Bank within a week

2023-11-25 02:23

Shafaq News/ The Central Bank of Iraq’s total sales of hard currency to the US dollar during the past week amounted to more than one billion dollars.

Shafaq News Agency correspondent stated that the Central Bank sold during the past week and for the five days in which the auction was opened, one billion and Read more…

Iraqi Dinar Guru opinions 11-24-2023

Iraqi Dinar Guru opinions 11-24-2023

11-24-2023 Newshound Guru Clare Article: “US approval to increase the dollar balances of 10 Iraqi banks” Quote: “The source explained that this agreement came in light of the recent meetings held by the Central Bank of Iraq with the American side, which resulted in an increase in the number of banks that can directly enhance their dollar balance to 10 banks, 5 of which are through Citibank, and the other five are through JP Morgan Bank.” Read more…

Including leaving the electronic platform and reforming the banks.. The Governor of the Central Bank talks about 14 files

Including leaving the electronic platform and reforming the banks.. The Governor of the Central Bank talks about 14 files

2023-11-24

Today, Friday, the Governor of the Central Bank of Iraq, Ali Al-Alaq, announced the start of supplying the dollar into the country through the accounts of Iraqi banks abroad, and while he indicated the end of the procedures to open accounts in the UAE dirham and the understanding with Turkey to make transfers in the euro or Read more…

Iraqi Dinar Guru opinions 11-23-2023

Iraqi Dinar Guru opinions 11-23-2023

11-23-2023 Newshound/Intel Guru Mnt Goat So, how long will us investors in the IQD have to wait before Iraq is allowed to liberate it’s own currency? Why do I say “now is the time”? We know they are completely out of Chapter VII sanctions since December 2022, and so why not treat them as such? We know they want the Iraq funds (nearly USD 115+ billion) released from the NY banks and put in their custody to do what they want with it… We know they have plans for yet more Sovereign Funds to invest their reserves. We know they are making agreements now for “currency swaps” and will no longer be using any US dollars in Iraq as of January 1st 2024. Read more…

Iraqi Dinar/US Dollar auction results for today 11-23-2023

Iraqi Dinar/US Dollar auction results for today 11-23-2023

Results of the foreign currency selling window, Thursday 11/23/2023
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The Baghdad dollar rose on Thursday evening despite the official “easing of restrictions” on money changers

The Baghdad dollar rose on Thursday evening despite the official “easing of restrictions” on money changers

11-23-2023

On Thursday evening, the dollar exchange rates remained high against the Iraqi dinar with the continued purchase of large quantities and the intensification of speculation, despite a new decision from the Central Bank that eased restrictions on foreign currency trading in exchange companies.

The last price offered Read more…

Iraqi Dinar Guru opinions 11-22-2023

Iraqi Dinar Guru opinions 11-22-2023

11-22-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Iraq’s security teams arrested the most dangerous foreign currency smuggler inside of Iraq. They’re saying this is the head of the snake. They tell us that by removing this man our reforms will continue and move forward as has been promised to us Iraqi citizens. FRANK: These events…are extremely powerful events to allow the new exchange rate to come out. Read more…

Iraqi Dinar/US Dollar auction results for today 11-22-2023

Iraqi Dinar/US Dollar auction results for today 11-22-2023

Results of the foreign currency selling window, Wednesday 11/22/2023
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Iraqi Dinar Guru opinions 11-21-2023

Iraqi Dinar Guru opinions 11-21-2023

11-21-2023 Intel Guru Frank26 Two months ago a quick little pip movement took the exchange rate of the Iraqi dinar from 1460 to 1320…They were supposed to make the next step. I told you at that time, ‘Now that they’ve made this movement, let’s say 1320 to 1, the next one will be 1,000 to 1 and when they do they will be in position to lift the three zeros and float the currency in a basket…’ Read more…

Iraqi Dinar/US Dollar auction results for today 11-21-2023

Iraqi Dinar/US Dollar auction results for today 11-21-2023

Results of the foreign currency selling window, Tuesday 11/21/2023
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Within 9 months.. Iraq achieves 95 trillion dinars and a warning of a global danger

Within 9 months.. Iraq achieves 95 trillion dinars and a warning of a global danger

2023-11-21 03:46

Shafaq News / The Iraqi Ministry of Finance issued the state accounts from January until last September for the fiscal year 2023, which indicated that the volume of revenues in the Iraqi budget amounted to more than 95 trillion dinars, while the oil contribution to the federal budget remained Read more…

Iraqi Dinar Guru opinions 11-20-2023

Iraqi Dinar Guru opinions 11-20-2023

11-20-2023 Newshound Guru Clare Article Written by: Baqir Jabr Al-Zubaidi – former Minister of Finance “The ongoing dollar crisis” Quote: “The dollar crisis is a policy crisis of the continued American threat of sanctions, accompanied by the continued bleeding of the currency by private banks that are protected by some influential people, and this conflict is paid for by the citizen…Solutions exist, and during our tenure at the Ministry of Finance (2006-2010), we succeeded in increasing the value of the dinar from (1,500 dinars to the dollar to 1,170 dinars to the dollar). We were planning to reach (1,000 dinars to the dollar) and then raise the zeros so that the dinar was equal to the dollar.” Read more…

Iraqi Dinar/US Dollar auction results for today 11-20-2023

Iraqi Dinar/US Dollar auction results for today 11-20-2023

Results of the foreign currency selling window, Monday 11/20/2023
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Iraqi Dinar Guru opinions 11-19-2023

Iraqi Dinar Guru opinions 11-19-2023

11-19-2023 Newshound Guru Militia Man The Bank of International Settlements is the central banks of all central banks. They move markets. Commercial traders fear central banks because of the amount of money they have to be able to throw at markets. The Bank of International Settlements talked with language I’ve never heard before in my 30 years of trading. When central banks have to be very very careful on how they say things because what they say will move markets. People can lose and make money. Article “The Arab Monetary Fund of the International Settlements organized a meeting…on Wednesday and Tuesday November 15th 16th of 2023” This article did not come out until the 16th. The 15th they never mentioned it…Why not tell you in advance they’re having a meeting…? Read more…

External remittances increased by 93% in the Central Bank of Iraq auction

External remittances increased by 93% in the Central Bank of Iraq auction

2023-11-19 02:26

Shafaq News/ External remittances increased at the Central Bank’s auction, today, Sunday, by 93% at the expense of cash sales, to reach $211 million.

Shafaq News Agency correspondent said, “Today during its auction for buying and selling the US dollar, the Central Bank sold Read more…