Posts Tagged ‘Iraqi Dinar’

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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Iraqi Dinar Guru opinions 12-11-2023

Iraqi Dinar Guru opinions 12-11-2023

12-11-2023 Intel Guru Frank26 We’re at the stage now where there’s no need to look for anything. There’s a need to watch everything that’s coming out. Everything that’s going to be coming out is the ambrosia of our study, the reward of our years of studying together. Read more…

Iraqi Dinar/US Dollar auction results for today 12-11-2023

Iraqi Dinar/US Dollar auction results for today 12-11-2023

Results of the foreign currency selling window, Monday 12/11/2023
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Report: More than 90 trillion dinars in cash are in circulation outside the banking system in Iraq

Report: More than 90 trillion dinars in cash are in circulation outside the banking system in Iraq

2023-12-10 22:55

Shafaq News/ The Future Iraq Foundation for Economic Studies and Consultations counted, on Sunday, the local currency circulating outside the banking system in the country during the year 2023, and said that it exceeded Read more…

Parliament Finance demands an investigation into parliamentary accusations against the Central Bank of Iraq

Parliament Finance demands an investigation into parliamentary accusations against the Central Bank of Iraq

12/10/2023

Saturday, the Parliamentary Finance Committee called on the Presidency of the House of Representatives to form an investigative committee regarding the statements of one of the representatives regarding monetary policy and the procedures of the Central Bank.

The committee stated in a statement: “We followed with great astonishment and Read more…

Iran loses to Iraq in Middle East bank negotiations? This is America’s plan

Iran loses to Iraq in Middle East bank negotiations? This is America’s plan

12-10-2023

Estimates from an international research center reveal that the recent intensive dialogues sponsored by the US Federal Reserve, between Baghdad and major banks in the Middle East, within the “dollarization” crisis, will strengthen the balance of trade and investment exchange with Read more…

The Central Bank of Iraq will issue currency worth 24 trillion Iraqi dinars during 2022 and 2023.

The Central Bank of Iraq will issue currency worth 24 trillion Iraqi dinars during 2022 and 2023.

12-10-2023

The Central Bank of Iraq issues currency worth 24 trillion Iraqi dinars during 2022 and 2023. According to data from the Central Bank of Iraq, the value of the issued cash currency increased from 78 trillion dinars at the beginning of 2022 to reach
more than Read more…

Iraqi Dinar Guru opinions 12-9-2023

Iraqi Dinar Guru opinions 12-9-2023

12-9-2023 Intel Guru Frank26 [Iraq Kurdistan boots-on-the-ground report] SUPERGIRL: Dyaa got news 2 days ago from Iraqi news. They are removing the zeros but they didn’t say when. FRANK: Bingo…! SUPERGIRL: He said it was BBC. News also said something about it…He did hear they are removing the zeros and they will change it to a one, 5, 10, 20 50… FRANK: Wow! Jackpot! 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

2023-12-09 03:06

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 Read more…

Iraqi Dinar Guru opinions 12-8-2023

Iraqi Dinar Guru opinions 12-8-2023

12-8-2023 Newshound/Intel Guru Mnt Goat I truly can hardly believe all the good news coming from Iraq. Maybe it’s not the RV, as of yet, but I can assure you it is coming and there is no stopping it. It is like a loaded freight train coming fast down the tracks… Read more…

Iraqi Dinar Guru opinions 12-7-2023

Iraqi Dinar Guru opinions 12-7-2023

12-7-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: TV is showing the IMF and the World Bank talking about Iraq and then the IMF kind of started talking bad about us…Iraq. Criticizing. Out of no where the World Bank stands up and says, ‘Get off their backs. There is a plan in place and expect imports to bust wide open because soon as the dinar revalues…’ YES the World Bank said this. The World Bank is saying the dinar revaluation will cause us to buy more imports because we have more purchasing power. They’re telling us this! FRANK: It’s no longer a secret…My goodness…this is straight from the horses mouth…This is basically an announcement…evidence. He said it. Read more…

Iraqi Dinar/US Dollar auction results for today 12-7-2023

Iraqi Dinar/US Dollar auction results for today 12-7-2023

Results of the foreign currency selling window, Thursday 12/7/2023
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