Posts Tagged ‘Iraqi Dinar’

Iraqi Dinar Guru opinions 11-28-2023

Iraqi Dinar Guru opinions 11-28-2023

11-28-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: TV saying CBI has come a long ways in battling the dollar and the battle is about to come to end. FRANK: Yeah, darn right! The theme, mantra, ambrosia in the taste of Iraq’s monetary reform is repeating the same thing over and over, It’s about to come to an end. What? The dollar. Which means our currency is going to blossom. Read more…

Iraqi Dinar/US Dollar auction results for today 11-28-2023

Iraqi Dinar/US Dollar auction results for today 11-28-2023

Results of the foreign currency selling window, Tuesday 11/28/2023
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Sudanese Financial Advisor: The informal exchange market represents only 10% of trading volume

Sudanese Financial Advisor: The informal exchange market represents only 10% of trading volume

28/11/2023

The financial advisor to the Prime Minister, Mazhar Muhammad Salih, confirmed today, Tuesday, that the economic policy in Iraq seeks to implement the principle of monetary sovereignty, while stressing that the Iraqi dinar constitutes the only resort for exchange and pricing within the country, noting that Read more…

Finance launches the second issuance of reconstruction bonds worth one trillion dinars

Finance launches the second issuance of reconstruction bonds worth one trillion dinars

11-28-2023

Information/Baghdad…
The Ministry of Finance announced, today, Tuesday, the launch of the second issuance of reconstruction bonds worth more than one trillion dinars.
The Ministry stated in a statement received by the “Information” Agency, “Given the strong demand for trading national bonds (construction bonds) and the complete Read more…

Iraqi Dinar Guru opinions 11-27-2023

Iraqi Dinar Guru opinions 11-27-2023

11-27-2023 Guru Nader From The Mid East Great news this morning…They start them leaving the country to discuss the exchange rates between countries. They’re going to start with Turkey… Article “Delegation will head to Ankara Turkey tomorrow Monday to discuss regulating trade exchange between Iraq and Turkey” Read more…

Iraqi Dinar/US Dollar auction results for today 11-27-2023

Iraqi Dinar/US Dollar auction results for today 11-27-2023

Results of the foreign currency selling window, Monday 11/27/2023
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Settlements in dollars are prohibited, and electronic payment will raise the dinar – Sudanese advisor

Settlements in dollars are prohibited, and electronic payment will raise the dinar – Sudanese advisor

11-27-2023

Mazhar Muhammad Saleh, advisor to the Prime Minister for Economic and Financial Affairs, said on Monday that the electronic payment system will preserve the monetary supply of the dinar and raise its value against the dollar, while noting that internal settlements in dollars are prohibited.

The cash payments system Read more…

Central Bank: US Treasury restrictions are still imposed on Iraqi banks

Central Bank: US Treasury restrictions are still imposed on Iraqi banks

11-27-2023

Information/Baghdad..
On Monday, member of the Board of Directors of the Central Bank, Ahmed Barihi, confirmed the continuation of restrictions imposed on Iraqi banks imposed by the US Treasury for political reasons.

Brehi said in a statement to “Al-Ma’louma” that “the measures of the Central Bank of Iraq and the Ministry of Finance have Read more…

Sudanese Advisor: Dollar problems will be solved through electronic transactions

Sudanese Advisor: Dollar problems will be solved through electronic transactions

PM:02:23:27/11/2023

The Prime Minister’s Advisor for Economic Affairs, Mazhar Muhammad Saleh, confirmed today, Monday, that financial problems, including the dollar, will be solved through electronic transactions starting next year.

Saleh told NRT, “The automation of financial transactions is a reason for the Read more…

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…