Posts Tagged ‘Iraqi Dinar’

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…

Nearly 120 billion dinars in fines from the Central Bank of Iraq on banks and exchange companies

Nearly 120 billion dinars in fines from the Central Bank of Iraq on banks and exchange companies

2023-11-19 22:17

Shafaq News/ The Central Bank of Iraq announced on Sunday that the fines imposed on banks and non-banking institutions (exchange companies) amounted to more than 119 billion Iraqi dinars during the past ten months.

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

Iraqi Dinar Guru opinions 11-18-2023

Iraqi Dinar Guru opinions 11-18-2023

11-18-2023 Newshound/Intel Guru Mnt Goat Wednesday intel call to my contact at the CBI: I was told there was a TV media output broadcast that told the citizens the official rate of the dinar would be over $1 in the coming days. They used the PM Al-Sudani in a speech like format to explain most of it…This is part of the education process. So, it did begin…I was told that the process of the revaluation is now in motion and they expect to begin issuing the newer lower denominations to the banks in exchange for the larger 3 zero notes…when they do distribute the lower denominations to the public for circulation, they will start at the airports first…they are only going to use dinars exclusively as of January 1st, 2024 in Iraq. This is also why they needed and allowed to let the banks now hold other foreign currencies besides dollars. Read more…

Iraqi Dinar Guru opinions 11-17-2023

Iraqi Dinar Guru opinions 11-17-2023

11-17-2023 Newshound/Intel Guru Mnt Goat It seemed my contact in the CBI was bragging about the final steps and paperwork for the full membership of Iraq to the World Trade Organization (WTO) and to look for the official announcement this week or sometime next week. But it is completed. I asked if Iraq needs an international rate of the dinar in order for full membership. I was told and I quote from my source – “Iraq needed a tradable international currency”. I asked if this means liberated back on FOREX trading and was told YES! So, We are VERY close! These two events are converging (WTO and Reinstatement). Read more…

Iraqi Dinar Guru opinions 11-16-2023

Iraqi Dinar Guru opinions 11-16-2023

11-16-2023 Intel Guru Frank26 If I WAS THE CBI, I WOULD BE FOCUSING ON THE NEW EXCHANGE RATE AND THE NEW CURRENCY TO COME OUT TOGETHER…SUDANI IS IN ERBIL WITH BARZANI, AND THEY ARE DEALING WITH THE LAST THREE PARAGRAPHS OF THE HCL. THEIR INTENT IS TO RELEASE IT VERY SOON IF THAT IS THE CASE, THEN IMO THE NEW EXCHANGE RATE AND THE NEW LOWER NOTES SHOULD FOLLOW. REMEMBER WHAT I’VE ALWAYS SAID…THE MOMENT YOU SEE THE HCL SECONDS LATER YOU WILL SEE THE NEW EXCHANGE RATE. Read more…

Iraqi Dinar/US Dollar auction results for today 11-16-2023

Iraqi Dinar/US Dollar auction results for today 11-16-2023

Results of the foreign currency selling window, Thursday 11/16/2023
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The Iraqi Central Bank agrees with Turkish banks to enhance external transfer in the euro currency

The Iraqi Central Bank agrees with Turkish banks to enhance external transfer in the euro currency

November 16, 2023

The Central Bank of Iraq agreed with Turkish banks to open accounts for Iraqi banks; For the purposes of external transfer and enhancing balances to finance foreign trade in the euro currency.

Sources added, today, Thursday, that the agreement came during a meeting Read more…

An economic expert expects a “new” decline in the price of the US dollar to reach 1,450 Iraqi dinars

An economic expert expects a “new” decline in the price of the US dollar to reach 1,450 Iraqi dinars

2023-11-16 02:17

Shafaq News/ Financial and economic expert Abdul Rahman Al-Mashhadani predicted on Thursday that the dollar exchange rate will witness a new decline to reach 145,000 Iraqi dinars against 100 dollars, attributing this to the measures taken by the Central Bank of Iraq in agreement with the Federal Reserve Read more…

Iraqi Dinar Guru opinions 11-15-2023

Iraqi Dinar Guru opinions 11-15-2023

11-15-2023 Newshound/Intel Guru Mnt Goat Article: “THE HIGHEST CURRENCY RESERVE IN THE HISTORY OF IRAQ” Quote: “We hold the highest currency reserve in the history of Iraq and the time for the stability of the dollar has begun November 14, 2023 Advisor to the Prime Minister for Financial Affairs, said that Iraq today has the highest foreign currency reserves throughout its financial history…stressing that this agreement constitutes the beginning of price stability in the exchange market.” Read more…

Iraqi Dinar/US Dollar auction results for today 11-15-2023

Iraqi Dinar/US Dollar auction results for today 11-15-2023

Results of the foreign currency selling window, Wednesday 11/15/2023
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Iraqi Dinar Guru opinions 11-14-2023

Iraqi Dinar Guru opinions 11-14-2023

11-14-2023 Intel Guru yada Review from the articles… The PM announced the banks are now able to exchange foreign in country last week. The digital connections have been activated to collect the tariffs and taxes from all border crossings Monday last week. Their stock mark showed a 3000 point drop in dinars this past Sunday. To me, the dollar to dinar value is adjusting to the actual reissued value of the dinar. 10 days or so, 12 countries did currency swaps with Iraq. Contracts that were previously agreed upon are being signed from countries coming into Iraq to do business. TOTAL being one of the largest and along with the infrastructure contracts. All this requiring a new REISSUED rate. IMO, they’ve gone a far as they can go without not changing the rate… Read more…

Iraqi Dinar/US Dollar auction results for today 11-14-2023

Iraqi Dinar/US Dollar auction results for today 11-14-2023

Results of the foreign currency selling window, Tuesday 11/14/2023
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