Posts Tagged ‘Iraqi Dinar’

“The Issue of a Homeland”… a campaign to support the Iraqi dinar and make it the gateway to building the country

“The Issue of a Homeland”… a campaign to support the Iraqi dinar and make it the gateway to building the country

2023-12-07 04:02

Shafaq News/ Encouraging the local currency and dealing with it in light of the current economic conditions that the country is experiencing is an important issue, especially with the government’s intention to “strengthen” the Iraqi dinar against other hard currencies, especially the dollar, as well as seeking to Read more…

Iraqi Dinar Guru opinions 12-6-2023

Iraqi Dinar Guru opinions 12-6-2023

12-6-2023 Intel Guru Frank26 [Virginia Chase Bank/Well Fargo Bank Story] FRANK26: What was the officer’s position? The world financial advisers of Chase Bank, perfect guy to talk to. What happened when you walked into the bank? BANK STORY PERSON: I asked him if he ever heard of the Iraq dinar or Vietnamese dong. He said I have heard of both…He used to work for Wells-Fargo for 12 year…He told me when he was at Wells Fargo they were specifically told to tell everyone it was a scam. That’s why obviously 95% of the population thinks it’s a scam…He said I know Jamie Dimon [CEO of Chase Bank]…he did know that he supports the Iraqi’s dinar 100%. He did know that. FRANK: Did he hint about the future with Chase and the Iraqi dinar? BANK STORY PERSON: He said he does know they will be exchanging the currency. Read more…

Iraqi Dinar US Dollar auction results for today 12-6-2023

Iraqi Dinar US Dollar auction results for today 12-6-2023

Results of the foreign currency selling window, Wednesday 12/6/2023
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Iraqi Dinar Guru opinions 12-5-2023

Iraqi Dinar Guru opinions 12-5-2023

12-5-2023 Newshound Guru Militia Man World Bank Article…the part here I like the most: “…an expected influx of imports driven by the dinar revaluation and the significant increase in government expenditures…” If you think about this for a minute if they give the citizens purchasing power are they not going to drive up an influx of imports because everybody has a little bit more money to maybe buy a new car, carpets, paint their house, build an addition to their home. They’re going to have that extra money for those kids…The World Bank has an expectation of influx of imports due to what? ‘…Driven by the dinar revaluation…’ Read more…

Iraqi Dinar/US Dollar auction results for today 12-5-2023

Iraqi Dinar/US Dollar auction results for today 12-5-2023

Results of the foreign currency selling window, Tuesday 12/5/2023
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Economist: Switching to electronic cards will allow the Central Bank to track the movement of the dinar

Economist: Switching to electronic cards will allow the Central Bank to track the movement of the dinar

12-5-2023

Information / Baghdad…
Economic expert, Safwan Qusay, confirmed on Tuesday that the shift towards adopting electronic cards in financial transactions will allow the Central Bank to track the movement of the dinar, pointing out that working with cards will contribute to launching projects, creating new job opportunities, and ensuring Read more…

Iraqi Dinar Guru opinions 12-4-2023

Iraqi Dinar Guru opinions 12-4-2023

12-4-2023 Intel Guru Frank26 Question: ‘Is it December for Iraq or for international as well?’ [Frank’s current timeline for the RI is before 2024] Both, because the citizens will be receiving their purchasing power and the currency will then start to go outside the border in international trade and start to climb in value. Read more…

Iraqi Dinar/US Dollar auction results for today 12-4-2023

Iraqi Dinar/US Dollar auction results for today 12-4-2023

Results of the foreign currency selling window, Monday 12/4/2023
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Iraqi Dinar Guru opinions 12-3-2023

Iraqi Dinar Guru opinions 12-3-2023

12-3-2023 Newshound Guru Pimpy I found the steps Iraq would need to take in order to reinstate its $3.22 rate…Stabilize the economy by addressing issues such as inflation, unemployment and corruption…diversifying the economy beyond oil dependence…Monetary policy – To reinstate a specific exchange rate the Central Bank of Iraq would need to implement appropriate measures…like interest rates, reserve requirements and open market operations. Third, Foreign Reserves – Iraq’s foreign reserves…The more they get the better it is for them…particularly the US dollar would provide the CBI with the necessary resources to support the desired exchange rate… Read more…

Iraqi Dinar/US Dollar auction results for today 12-3-2023

Iraqi Dinar/US Dollar auction results for today 12-3-2023

Results of the foreign currency selling window, Sunday 12/3/2023
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An economist warns: The dollar may soar “non-stop” after an American decision

An economist warns: The dollar may soar “non-stop” after an American decision

12-3-2023

Economic researcher Ziad Al-Hashemi warned yesterday, Saturday, of the return of the dollar crisis to square one, after the US Congress’ decision to freeze “Iran’s billions,” which may lead to “continuous rises in exchange rates, but perhaps Read more…

Iraqi Dinar Guru opinions 12-2-2023

Iraqi Dinar Guru opinions 12-2-2023

12-2-2023 Intel Guru Frank26 Question: Article VIII, WTO do these matter? Yes without a doubt. WTO you notice they have not been ascended into it. Doesn’t matter. Whenever they do it they’ll do it but what’s really important is in order to join the WTO you have to be Article VIII…All they have to do is raise the value of their currency, that’s it. Read more…

Iraqi Dinar Guru opinions 12-1-2023

Iraqi Dinar Guru opinions 12-1-2023

12-1-2023 Newshound/Intel Guru Mnt Goat “ADVISER TO THE PRIME MINISTER: ECONOMIC POLICY IN IRAQ IS MOVING TOWARDS IMPLEMENTING THE PRINCIPLE OF MONETARY SOVEREIGNTY” WOW! WOW! WOW! It tells us flat right out in the open that Iraq is about to take complete control over their currency again. WOW! …This has reinstatement and RV written all over this statement… Read more…

Iraqi Dinar Guru opinions 11-30-2023

Iraqi Dinar Guru opinions 11-30-2023

11-30-2023 Intel Guru Frank26 Every day those that were against it [The dinar/monetary reform], those that were negative like parliament are complimenting and cheering on what is about to happen. Everyday they come up with new ways of saying the same thing. Article: “Advisor to the prime minister: Economic policy in Iraq is moving towards implementing the principle of monetary sovereignty” MONETARY SOVEREIGNTY… ANOTHER BEAUTIFUL WAY OF SAYING WE HAVE A NEW CURRENCY. Read more…

WOW! Iraq is moving towards implementing the principle of monetary sovereignty.. What does this mean?

Iraq is moving towards implementing the principle of monetary sovereignty.. What does this mean?

November 30, 2023

Moaz Fraihat – Washington
Monetary policy in Iraq faces many challenges, especially in light of the presence of an irregular currency exchange market run by networks that manipulate the prices of the dollar against the dinar, according to local media reports.

In the face of “monetary dualism” that has harmed the country’s economy, Iraq is moving towards applying the principle of “monetary sovereignty,” according to what the financial advisor to the Prime Minister, Mazhar Muhammad Salih, revealed Read more…

Economic: Electronic fuel cards contribute to eliminating the smuggling of derivatives

Economic: Electronic fuel cards contribute to eliminating the smuggling of derivatives

11-30-2023

Information / Baghdad…
Economic expert, Safwan Qusay, confirmed on Thursday that electronic fuel cards will contribute to eliminating the corruption occurring in the file of oil derivatives and fuel smuggling and selling it in the markets.

Qusay told Al-Maalouma, “The policy of the Central Bank is to track the Iraqi dinar Read more…

Integrity enters the field of “illicit gain” and stops inflation by 266 billion dinars

Integrity enters the field of “illicit gain” and stops inflation by 266 billion dinars

2023-11-30 05:45

Shafaq News / On Thursday, the head of the Federal Integrity Commission, Judge Haider Hanoun, reviewed Iraq’s achievements during a year in combating corruption, and while he urged international organizations to recognize achievements that he described as “unprecedented” at the level of deterrence, prevention, awareness and education, he stressed Read more…

Iraqi Dinar Guru opinions 11-29-2023

Iraqi Dinar Guru opinions 11-29-2023

11-29-2023 Intel Guru Frank26 The meeting the CBI will be having with the United States Treasury is to finalize the new exchange rate that they talked to the UST with last month. It’s all about the accounting right now. It is not about the political situation…laws being passed…troops…missiles from Iran. It’s not about anything but the accounting mathematics of your new exchange rate and that’s what they’re doing with the US Treasury. When they come back from the US Treasury I believe with all my heart you will then see the next phase which will be the HCL and a movement of the exchange rate to 1000 to 1…At a flip of a switch it will be 1 to 1…and Iraqi citizens will then have purchasing power… Read more…

Iraqi Dinar/US Dollar auction results for today 11-29-2023

Iraqi Dinar/US Dollar auction results for today 11-29-2023

Results of the foreign currency selling window, Wednesday 11/29/2023
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Sudanese Advisor: The dollar will not continue to rise, and the state is working to strengthen the dinar

Sudanese Advisor: The dollar will not continue to rise, and the state is working to strengthen the dinar

2023-11-29

Fadi Al-Shammari, political advisor to Prime Minister Muhammad Shiaa Al-Sudani, ruled out the continued rise in the exchange rate of the dollar against the dinar.

Al-Shammari said in a press statement, “The dollar will not continue to rise continuously and the state is working to strengthen the dinar, and within a short period the dinar will be stronger Read more…