Mary B

Did anyone try using AI to find the RI of the Iraqi dinar, just curious

steveflex7 Thanks for your offer but at $600. it doesn't make sense to me when I paid about $i000. I don't need the money but my dreams have changed, when I bought the dinar I was in my late 50's now months close to 80. Thinking I would have more than enough dinar left over I could put the money to work in a different way Thanks

good thought, theres isn't any reason why we can't get notified

where is the best place to sell 60 mil dinar and how much could i get for it

not much consideration given to membership, its like they woke up on morning and decided to take the site down, that said I'm glad the site is up and running

not certain about the rv, new currency with the same amount of zeros

I'm not sure that all of this is encouraging

Khalaf stressed that "the Financial Supervision Bureau has worked to adopt international accounting standards, and this step will have an excellent impact on the reality of financial work and combating corruption in Iraq. In addition to that, we have issued a unified accounting system according to international standards," noting that "the current year 2025 is the year of the experimental operation of the system, and as of 1/1/2026, its application will be mandatory in all state institutions." now rv 2026 anyone know

The former governor of the Central Bank, Mustafa Makhif, announced in 2022 that "the bank is working on completing a new denomination worth 20,000 dinars based on a study and comparative research with neighboring countries, and is working on completing the shape of the note and it will be announced in the coming days." At the time, he also spoke about the “issue of deleting zeros from the local currency,” and stressed that “the process of deleting zeros from the currency requires enacting a law and making some amendments.” how does this help in rving the currency

thank you

I really like this site, could administration enlighten us, this is the 3rd time I believe in a very short while, Adam a mod or some other administration members

hers more https://www.google.com/search?q=How+Chase+Bank+Could+Handle+IQD+Exchanges%3A+Key+Rules+for+Dinar+Investors+Awaiting+RV+in+2025!+-+1%2F05%2F2025+-+Youtube+Video+(14%3A14)&oq=How+Chase+Bank+Could+Handle+IQD+Exchanges%3A+Key+Rules+for+Dinar+Investors+Awaiting+RV+in+2025!+-+1%2F05%2F2025+-+Youtube+Video+(14%3A14)&gs_lcrp=EgZjaHJvbWUyBggAEEUYOTIHCAEQIRiPAjIHCAIQIRiPAtIBCDE0NjFqMGo3qAIIsAIB&sourceid=chrome&ie=UTF-8

The factions and supporting forces have neglected the laws and legislation and have begun to think about their existence. Written by: social baghdad 12-31-2024 Parliamentary sources believe that the interest of the parties and factions that own the largest parliamentary blocs is now completely directed towards issues more related to their fate and positions in governing Iraq after the fall of Bashar al-Assad’s regime in Syria and the decline of the influence of its ally Iran in the region. Sources confirmed that thinking about passing controversial laws such as the Personal Status Law, the General Amnesty and starting to question the government has declined in the scale of interests of these blocs and has become a luxury for their leaders in comparison to the existential danger that threatens them. The sources explained that what is currently happening regarding preparing to activate the legislative and oversight work of Parliament after returning from the current recess is nothing but propaganda and media promotion, stressing that there are dozens of laws that have been suspended since previous parliamentary sessions and during the current session as well, and the enactment of these laws has been delayed due to political differences and the control of some forces over the fate of these legislations according to political deals. https://albaghdadiatv.com/الفصائل-والقوى-الداعمة-اهملت-القواني/

Will the currency devaluation domino hit Iraq in 2025? The Future of the Iraqi Dinar in the Face of Its Dual Value with the Dollar A Slight Decline in the Dollar Exchange Rate Against the Iraqi Dinar The Dollar Exchange Rate Exceeds 1,550 Iraqi Dinars The Dollar Exchange Rate in Iraq Exceeds 1,530 Dinars A+ A- Listen The value of the currencies of Iraq's neighboring countries is declining significantly day after day. During the current year alone, the Iranian Toman lost 20%, the Turkish Lira 38%, and the Syrian Lira, despite the escalations it witnessed after the fall of Bashar al-Assad, lost 50% of its value against the US dollar. These rapid changes in the value of the currencies of neighboring countries will have a direct impact on the Iraqi dinar in two ways, the first is through trade with those countries whose value exceeds $20 billion, and the second is due to the transfer of money from Iraq abroad without the supervision of official institutions, as the value of the Iraqi dinar against the dollar in this market is 15% less than its value in the Central Bank. If the reason for the decline in the value of the Iranian toman is external changes and the siege imposed by America and European countries on it, and the decline in the value of the Turkish lira is due to the widening cash deficit, the imbalance in the budget, and the positions of the Justice and Development Party on the changes in the region, and the instability and collapse of the Syrian lira due to the continuation of the war, the siege, and the lack of trust in the new state of Al-Julani, then what is the reason for the instability of the Iraqi currency and so far the price of 100 US dollars differs in the market by twenty thousand dinars from the price of the Central Bank. Iraq is scheduled to change the issuance of cash dollars early next year, so that several banks instead of the Central Bank issue cash dollars daily to tourists traveling abroad through airports, despite the fact that the application of this method is now very different in the airports of the Kurdistan Region compared to the airports of central and southern Iraq. In this context, the Commercial Bank of Iraq, which gives tourists dollars at the airports of Sulaymaniyah and Erbil, rarely exchanges dollars at the exchange rate of the Central Bank for travelers from those airports. In contrast, hundreds of dollars are paid daily from other airports, despite the daily cash liquidity announced by the Central Bank for tourists, because all other dollar transactions must be done through banks and credit. The Central Bank of Iraq has made a major change in the issuance of dollars in cash and transfers this year compared to last year, as the total transfers this year amounted to more than $ 58 billion and cash only $ 3.8 billion, while the total transfers last year amounted to $ 37.6 billion and cash $ 9.1 billion, although cash this year did not reach half of last year, but the difference between the market price and the Central Bank for every 100 dollars is the same as last year. The other point is that the value of all currencies, including the US dollar, is volatile this year, as the US dollar, through which international trade is conducted, has decreased in price against several currencies and increased against others. Now, due to future US policies, Citibank, JP Morgan and Deutsche Bank forecasts indicate a strong US dollar and uncertainty about the value of currencies against the dollar, especially due to the possibility of increased customs fines, inflation and higher economic growth in the country in 2025. Based on data from the Central Bank of Iraq and forecasts from global economic institutions, we will focus on the future of the Iraqi dinar, Iranian toman, Turkish lira and Syrian lira against the US dollar in 2025. Will the Iraqi dinar decline in 2025? In 2024, the amount of remittance supply increased by 32% compared to last year, while the money supply decreased by 56%, and the curious thing is that the dollar did not decline at the same rate as the money supply in the market, so its price did not change. During this year, the total supply of remittances and cash by the Central Bank reached $62 billion, as remittances reached more than $58 billion and cash decreased to $3.8 billion. Based on the data of the Central Bank of Iraq, another interesting thing is the amount of money printed and the instability in the amount. On October 31, 2024, the total money printed by the Central Bank amounted to 104.1 trillion dinars, but on November 30, 2024, it decreased to 101.3 trillion dinars. 10% of this percentage is inside the banks, while the remaining 90% is outside the banks. Therefore, the percentage outside the banks is what controls the dollar exchange rate instead of the amount of supply by the Central Bank of Iraq. The Future of the Iranian Toman, the Turkish Lira, and the Syrian Lira in 2025 Since 2018 until now, the Iranian Toman has lost about 90% of its value against the dollar. On January 18, 2024, the value of the dollar in the markets reached 777 thousand Tomans, meaning that $100 exceeded 7.7 million Tomans, which is the lowest rate of Tomans against the dollar so far. It is expected that the Toman will witness further changes after Donald Trump takes power. The Turkish lira was expected to lose a third of its value against the dollar in 2024. The Turkish lira is still falling against the dollar, having reached an all-time low in recent days when the US dollar reached more than 35 Turkish liras. The Turkish lira, like the Iranian toman, has lost 90% of its value against the dollar in the past 5 years. In 2018, one dollar was worth 4.5 Turkish liras. One of the reasons for this was the increasing trend of deficits. The government deficit reached 16.6 billion liras at the end of November 20 https://www.rudawarabia.net/arabic/opinion/31122024#hathalyoum

09:30:42 2024-12-31 : Last update 09:30:42 2024-12-31 : Published in Salary Crisis in Iraq.. Is the Ministry of Finance Hiding the Facts About the Financial Liquidity Deficit? Editorial Team - Sa'a Network The problem of delayed salaries in Iraq has returned to raise concerns for more than 4 million employees and retirees in the country, due to the delay in their distribution, amid reports from the Ministry of Finance about financing salaries so far. Government employees have not received their monthly salaries, despite the fact that the last month of the year 2024 is approaching its end, while it is customary for the Ministry of Finance to pay the wages of self-financing companies starting from the middle of each month, as well as to the members of the ministry and banks, while the salaries of other ministries are released starting from the 23rd of each month. The Ministry of Finance denied the existence of a shortage in liquidity to finance employees’ salaries for the current month, stressing its commitment to financing salaries on time. The ministry said in a statement, "The information circulating on social media claiming an apology for not paying the salaries of state employees this month due to a shortage of liquidity is completely incorrect and has no connection to reality." The ministry added that it is "fully committed to the process of financing employees' salaries, as the Accounting Department has financed the salaries dues of ministries, governorates and non-affiliated entities for the current month of December according to the schedules specified for each of them, and it is continuing its efforts to ensure the continuity of disbursing financial dues without any delay or interruption." The Ministry of Finance called for "exerting accuracy and caution in transmitting information, and verifying news sources before circulating them." The Ministry of Finance's statement was preceded by leaks from a senior government source indicating that there was a shortage of financial liquidity, which caused a delay in the disbursement of employees' salaries. The source said, "Employees in most ministries have not received their salaries for the current month of December, despite the month being almost over," noting that "the lack of financial liquidity is behind this delay," noting that "employees used to receive their salaries on their specified dates, but this month has witnessed a delay of more than 10 days." The delay prompted MP Amal Al-Nasseri, a member of the Economy, Industry and Trade Committee in the House of Representatives, to demand that the Ministry of Finance reveal the real reasons behind the delay in disbursing salaries of state employees in many ministries. MP Amal Al-Nasseri said in a statement that “the Ministry of Finance must be frank with the Council of Representatives and the Iraqi people about the truth regarding the delay in salaries, especially since the citizen at the end of the year is in dire need of financial liquidity to meet his needs, but we have noticed a state of indifference in dealing with what concerns the Iraqi citizen.” She added that "the excuses put forward by the responsible authorities so far have no connection to the truth, noting that the representatives are demanding to know the real reasons that hinder the disbursement of financial dues." She pointed out that "if the reasons for the delay require a solution from the House of Representatives, the latter is fully prepared to provide support and cooperation to resolve this crisis." Economic expert, Munar Al-Abidi, believes that “the delay in disbursing employees’ salaries is due to internal organizational reasons related to the management of financial liquidity.” Al-Obaidi said that “providing dinars has become more difficult in recent times due to poor planning, which leads to delays in the disbursement of salaries despite the availability of the necessary resources,” noting that “the continuation of these problems may lead to exceeding the specified disbursement periods in the future if effective regulatory measures are not taken,” while stressing that “the solutions require improving the management of financial channels to avoid the recurrence of these delays, especially since the current situation reflects an organizational crisis more than a financial deficit.” However, economic expert Nabil Al-Marsoumi confirms that the delay in employees’ salaries is due to a problem in financial liquidity due to the decline in oil prices, while he warned that the year 2025 may witness a reduction in salaries, not just a delay. Al-Marsoumi said in an interview with Al-Sa’a Network, “The statement of the Ministry of Finance, which spoke about the absence of any liquidity crisis, is contradictory, as it says that salaries are secured, and if they were secured, they would have been released on time, which is the 15th of each month in the Ministry of Finance, and then the other ministries before the 23rd of each month.” He indicated that “what has happened now is that the month is approaching its end and salaries have not been released, especially since the current month is the end of the fiscal year, and salaries are supposed to be advanced, not delayed.” Al-Marsoumi added, "The current problem is the result of a liquidity problem and imbalance, and this has been expected for months, because the drop in the price of oil to seventy dollars means that revenues, along with non-oil revenues, will not exceed 9 trillion dinars, while Iraq needs 7.5 trillion to secure salaries for employees and retirees, social protection, contracts and wages, and here lies the gap and the problem." He pointed out that "the drop in the price of oil to $70 or less, with oil exports decreasing from 3.5 million barrels per day to 3 million and 300 thousand barrels due to OPEC restrictions, will result in a decrease in revenues and a consequent impact on the financing of salaries." Al-Marsoumi called on the Ministry of Finance to "issue a clarification in this regard so that the Iraqi people know the main reason behind the delay in paying salaries," indicating that "if the ministry insists on the absence of funding in the liquidity, this means that there is exploitation by the banks of the salary money and operating it for their own account and then spending it." Al-Marsoumi expected that "the year 2025 will witness a decline in oil prices to less than $70, which means a salary crisis. He also expected that if prices decline to less than $70 per barrel, this means that salaries will be reduced, not just delayed." Earlier, Mazhar Saleh, the financial advisor to the Iraqi Prime Minister, warned that his country might face a budget crisis in 2025 due to the decline in oil prices, which is the main source of the country's revenues . Iraq, the second largest oil producer in the Organization of the Petroleum Exporting Countries (OPEC), relies heavily on oil revenues, with the hydrocarbon sector accounting for the vast majority of export revenues and about 90 % of state revenues. This heavy dependence on oil makes Iraq particularly vulnerable to fluctuations in global crude prices . Iraq raised its budget in 2024 even after record spending in 2023, when more than half a million new employees were hired in the already bloated public sector and a nationwide infrastructure upgrade began that required huge sums of money . Saleh said the 2024 budget rose to 211 trillion dinars ($161 billion) from 199 trillion dinars ($153 billion) in 2023, with an expected deficit of 64 trillion dinars . The Iraqi government has adopted in the budget an oil price of $70 per barrel in 2024, which is about $6 less than the average price expected this year . Concerns over Iraq’s 2025 budget reflect challenges facing the global oil market. Oil prices have been on a downward trend since mid-2022, with Brent crude falling from over $120 a barrel to $70 or less in the final weeks of 2024. https://www.alssaa.com/public/post/show/29494-%D8%A3%D8%B2%D9%85%D8%A9-%D8%A7%D9%84%D8%B1%D9%88%D8%A7%D8%AA%D8%A8-%D9%81%D9%8A-%D8%A7%D9%84%D8%B9%D8%B1%D8%A7%D9%82-%D9%87%D9%84-%D8%AA%D8%AE%D9%81%D9%8A-%D9%88%D8%B2%D8%A7%D8%B1%D8%A9-%D8%A7%D9%84%D9%85%D8%A7%D9%84%D9%8A%D8%A9-%D8%A7%D9%84%D8%AD%D9%82%D8%A7%D8%A6%D9%82-%D8%A8%D8%B4%D8%A3%D9%86-%D8%B9%D8%AC%D8%B2-%D8%A7%D9%84%D8%B3%D9%8A%D9%88%D9%84%D8%A9-%D8%A7%D9%84%D9%85%D8%A7%D9%84%D9%8A%D8%A9#hathalyoum