Posts Tagged ‘Iraqi Dinar’

Iraqi Dinar Guru opinions 9-14-2023

Iraqi Dinar Guru opinions 9-14-2023

9-14-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Everyone all over Iraq is talking about Sudani’s speech. It lasted almost and hour and 30 minutes. He was bragging about us here in Iraq, our country, our sovereignty. Then he floored us and he said about us here in Iraq the security and the stability. FRANK: Sudani, how clean is the CBI floor? ‘Spotless Frank!’ FIREFLY: He talked how so many countries all around the world are investing here…he has many contracts and he can’t even reveal them yet… FRANK: He’s waiting for the new exchange rate! Read more…

Iraqi Dinar/US Dollar auction results for today 9-14-2023

Iraqi Dinar/US Dollar auction results for today 9-14-2023

Results of the foreign currency selling window, Thursday 9/14/2023
Advertisement No. (4964 ) Read more…

Iraqi Dinar Guru opinions 9-13-2023

Iraqi Dinar Guru opinions 9-13-2023

9-13-2023 Intel Guru Frank26 [Iraq boots-on-the-ground report] FIREFLY: Sudani traveling to meet USA president Biden on Sept 20th. This after meeting in New York for UN meeting. Read more…

Iraqi Dinar/US Dollar auction results for today 9-13-2023

Iraqi Dinar/US Dollar auction results for today 9-13-2023

Results of the foreign currency selling window, Wednesday 9/13/2023
Advertisement No. (4963 ) Read more…

Iraqi Dinar Guru opinions 9-12-2023

Iraqi Dinar Guru opinions 9-12-2023

9-12-2023 Guru Nader From The Mid East This is straight from the horses mouth, straight from Sudani. He had an interview today…He talked about security…ISIS and any other terrorist group does not have anymore power in our life. Stability, Iraq is stable. It’s amazing. Cannot get more stable than this. Three…we signed all the agreements. It’s ready with world trade. It’s done. Finished…Iraq become the hub of Asia, Middle East, North Africa and maybe Europe.. Read more…

Iraqi Dinar/US Dollar auction results for today 9-12-2023

Iraqi Dinar/US Dollar auction results for today 9-12-2023

Results of the foreign currency selling window, Tuesday 9/12/2023
Advertisement No. (4962 ) Read more…

Iraqi Dinar Guru opinions 9-11-2023

Iraqi Dinar Guru opinions 9-11-2023

9-11-2023 Newshound Guru Militia Man The news outlets and the media doesn’t quite paint the picture in a cut and dry manner. That’s not their job is to babysit us and it’s not their job to tell you every specific thing that they’re going to do, how they’re going to do it, what the exchange rate is, what the date is. Anybody that thinks that is going to ever be possible I’m not sure you should be in this investment. The fact remains we all have curiosity so fair enough. We’re all curious to what that is and we’re going to have to wait to find out… Read more…

Iraqi Dinar/US Dollar auction results for today 9-11-2023

Iraqi Dinar/US Dollar auction results for today 9-11-2023

Results of the foreign currency selling window, Monday 9/11/2023
Advertisement No. (4961 ) Read more…

Iraqi Dinar Guru opinions 9-10-2023

Iraqi Dinar Guru opinions 9-10-2023

9-10-2023 Intel Guru Frank26 Question: “Why would JP Morgan ever release Iraq from their current situation?” Because JP Morgan knows they have to make money in the exchange process that’s about to occur. Read more…

Iraqi Dinar/US Dollar auction results for today 9-10-2023

Iraqi Dinar/US Dollar auction results for today 9-10-2023

Results of the foreign currency selling window, Sunday 9/10/2023
Advertisement No. (4960 ) Read more…

Iraqi Dinar Guru opinions 9-9-2023

Iraqi Dinar Guru opinions 9-9-2023

9-9-2023 Newshound/Intel Guru Mnt Goat …I have to tell you the currency rate of 1/6 of a penny (IQD 1320 = USD 1) absolutely does not reflect the currency rate of the dinar. It is being “artificially suppressed”! But most importantly…many other financial wizards, much more knowledgeable than I, also feel this way. To make a very good comparison one only needs to compare Iraq to Kuwait to see the imbalance and inequity happening (KWD 1 = USD 3.45). Read more…

Iraqi Dinar Guru opinions 9-8-2023

Iraqi Dinar Guru opinions 9-8-2023

9-8-2023 Newshound/Intel Guru Mnt Goat I believe there is nothing more for the CBI to do but to issue the lower denominations and them to watch for inflation over a period, as their plan states they will do, and if all goes well, they liberate their currency to the global markets as in FOREX. I thought we needed the Oil and Gas Law passed first? Yes, I still believe they do and we might have to wait for it. But there is a chance that based on how fast the economy is growing they may just put that on the back burner and rethink it (remember that Dr Shababi in 2012-2013 did not have this law passed, yet he was moving forward). We must remember the past. Read more…

A “disturbing” economic vision about the relationship between oil prices and the budget deficit

A “disturbing” economic vision about the relationship between oil prices and the budget deficit

9-8-2023

Information / Baghdad..
Today, Friday (September 8, 2023), economist Nabil Al-Marsoumi confirmed that the oil revenues achieved until August 2023 amounted to 61.513 billion dollars, which is equivalent to 80 trillion dinars, while he indicated that the estimated oil revenues in the 2023 budget = 90 billion dollars, which is equivalent to Read more…

Iraqi Dinar Guru opinions 9-7-2023

Iraqi Dinar Guru opinions 9-7-2023

9-7-2023 Newshound/Intel Guru Mnt Goat Iraq records the highest oil revenues since the start of 2023 which is also 2/3 more oil pumped than in 1991. The dinar rate in 1991 was over USD $3. So why is the currency still being under valued? Yes, it is important to get out of a “rentier economy” based solely on oil and this will also create yet more wealth. But what about right now…I am talking about today! Doesn’t the oil wealth mean anything? Doesn’t the 113 billion in reserves and 132 tons of gold mean anything? Not to mention all the minerals and agricultural products being exported. So why still at 1/6 of a penny? Read more…

An optimistic vision.. The demand for the dollar will decrease and it may disappear from the informal market

An optimistic vision.. The demand for the dollar will decrease and it may disappear from the informal market

9-7-2023

Today, Thursday, the economic expert, Safwan Qusay, predicted that the demand for the dollar would gradually decrease and that the dollar might disappear from the informal market.

Qusai said, in an interview with ” Al-Jarida “, that “the central bank is trying to approach the requirements of the US Federal Bank and the US Treasury, which is Read more…

Iraqi Dinar Guru opinions 9-6-2023

Iraqi Dinar Guru opinions 9-6-2023

9-6-2023 Intel Guru Frank26 If we had about a million Americans citizens all of a sudden came out millionaires instantly that would be a really good shot in the arm for America’s structure wouldn’t it? It would… Read more…

Iraqi Dinar Guru opinions 9-25-2023

Iraqi Dinar Guru opinions 9-25-2023

9-5-2023 Intel Guru MarkZ [via PDK] My Iraqi contacts are hesitantly excited with expectations for this week. There are more and more confirmations that the government is using that 1132 rate with contractors right now. I feel pretty confident the CBI is starting to make moves. They have said before they would stabilize at that rate and then give us the big change we are looking for. We just need to wait and see what pops out of all this. The chatter is overwhelming right now that things have finished… Read more…

Iraqi Dinar/US Dollar auction results for today 9-5-2023

Iraqi Dinar/US Dollar auction results for today 9-5-2023

The results of the foreign currency sale window, Tuesday, 9/5/2023
Announcement No. (4959 ) Read more…

Iraqi Dinar Guru opinions 9-4-2023

Iraqi Dinar Guru opinions 9-4-2023

9-4-2023 Newshound Guru Militia Man I wrapped up this week talking about all the progress that has been made. What has been done since January. Big things like joining the World Trade organization as an observer status…which has been ongoing since 2004…in February to August we see they are gearing up for full ascension to the WTO and this is a big deal. They will be out in the world economy again and in the global financial system. My understanding is they have the security and stability in the country…enough that we can see all the countries making deals and doing things with Iraq. …Iraq is going to make a lot of money…once they have an article 8 exchange rate …that is required…For full ascension…all of us will have a different venue in a short period of time. Read more…

Iraqi Dinar/US Dollar auction results for today 9-4-2023

Iraqi Dinar/US Dollar auction results for today 9-4-2023

Results of the foreign currency sale window Monday 9/4/2023
Announcement No. (4958 ) Read more…