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Found 18 results

  1. URGENT READS: Here's some articles of Dinarian interests... GOI: Real & serious work to strengthen the Iraqi Dinar," USD ER crisis in Iraq is mafia controlled. Treat as a rumors. Not verified. Your opine. FROM OTHER SOUCES: Comment From Parliament On The Dollar ER: Do Not Listen To The Losers. ARTICLE: The Parliamentary Finance Committee confirmed that the Dollar is controlled by the relevant government agencies, calling for not taking into account the rumors of losing & corrupt parties. Committee member Moin Al-Kazemi told “Baghdad Today” that “there are some politically losing parties & personalities who have major suspicions of corruption, working to continue spreading rumors that the government is not in control of the Dollar market & the Iraqi Dinar is declining, for the purpose of political influence as well as influencing the market". Al-Kadhimi added, "The government is currently in complete control of the Dollar in all its transactions & there Is Real & Serious Work To Strengthen The Iraqi Dinar," stressing that "everyone is required not to take into account the rumors of losing & corrupt parties, as they do not want economic stability, to achieve their suspicious agendas." FROM OTHER SOURCES: Trade: We Are Close To Joining The World Trade Organization. ARTICLE: Al-Sabah Undersecretary of the Minister of Commerce, Sattar Al-Jabri, said yesterday, Tuesday, that the issue of Iraq’s accession to the WTO is imminent, while he affirmed the current federal government’s efforts to achieve self-sufficiency & not depend on the importer. Al-Jabri said that the governmental curriculum developed by the Iraqi government is based on a strategy to keep pace with the development taking place in the global economy, as the government signed bilateral international memorandums of understanding in the field of trade & economics. He stressed that "Iraq is seeking to enter the WTO & the issue is coming soon." The Iraqi government official spoke about the issue of import & export, saying: There is no trade balance between exported & imported materials, as the monetary mass was going to other countries & this is what the government is seeking to address. Current by relying on self-sufficiency. At the beginning of 2024, the Kingdom of Saudi Arabia announced its support for Iraq’s accession to the WTO, especially after the political obstacles that prevented it were removed. FROM OTHER SOURCES: The “Black Dollar” Is Protected By Influential Political Parties That Obstruct Economic Reforms. ARTICLE: Economic expert Ahmed Al-Tamimi confirmed today, that the Dollar crisis in Iraq is behind corruption mafias, with political protection from some influential people & entities that are trying to obstruct economic reforms. Al-Tamimi told "Baghdad Today", "The politically protected corruption mafias were the primary beneficiaries of the Dollar crisis & they worked to exacerbate this crisis for their own interests and gains. They are also currently working to obstruct any government reforms in the financial & economic sector." He added, "These mafias have political protection from some influential people & parties & these parties work politically to create problems so that any government efforts that want reform fail. This is why we see that the Dollar crisis is still continuing & ongoing despite all government steps. The parallel market is still witnessing a significant increase." at the official price. Exchange rates have not stabilized for nearly two years, despite many measures taken by the government in an attempt to control it, all of which failed, due to the existence of political “protection” for the Black Dollar, according to observers. Member of the Parliamentary Finance Committee, Mudar Al-Karawi, confirmed on Tuesday, that the government has achieved good success in containing the most dangerous Iraqi economic files represented by reducing the value of Black Dollar prices & limiting its rise again.
  2. Here's an article of Dinarian interests... CBI Takes Measures To Prop Up The Dinar. Treat as a rumor. Not verified. Your opine. TNT via CandyKisses: The CBI Announces Expected Decisions To Support The Iraqi Dinar. The CBI revealed, on Friday, measures & decisions expected to support the Dinar & maintain its strength against other currencies & other measures that will positively affect the ER, while noting that it has taken measures in the field of phasing out the electronic platform. The assistant director general of the investment department at the CBI, Mohammed Younis, told the official agency, that “the CBI will monitor & follow up all banks & customer complaints that come back to it in case banks are forced to transfer customer accounts to USD,” stressing that “this subject is easy to follow & monitor & banks that do not comply with this decision will be held accountable.” Younis added, “This decision & the decisions that will follow in the coming days are all in the interest of supporting the Iraqi Dinar & increasing confidence in it,” noting that “what confirms the strength of the Dinar & the public’s confidence in it is the continuation of the CBI & its failure to perform any need of various sectors, as it is now funding the sectors of commerce, electronic payment, travel & other sectors.” He pointed out that “the coming days will be more measures in the field of meeting all the needs of the market, supporting the Iraqi Dinar & maintaining its strength against other currencies,” noting that “the CBI, within its new procedures, prevented banks from automatic transfer of customer accounts in Dollar to Iraqi Dinars, without the consent of the customer & allowed customers to open accounts in different currencies.” “What is new in updating the procedures is that it allowed companies that have contracts with the state to receive their incoming remittances, including the salaries of workers, as well as ongoing contracts on grants & loans in accordance with the Council of Ministers,” Younis noted, “The other point is also in this new decision, is to allow banks to agree with their customers to bring their incoming remittances in cash to Iraq.” He stressed that “these measures will positively affect the ER in the market, and will increase the supply of the Dollar & contribute to serving and supporting important sectors in the economy, including the sectors of exporters & the sector of companies operating in the government field & in the field of infrastructure development & strategic projects, in addition to supporting civil society organizations that contribute to the humanitarian & charitable field in Iraq.” Younis explained, “The main goal behind this update or these instructions is to expand the largest possible segment of obtaining the cash Dollar by meeting its current needs of this Dollar, as these instructions were expanded from the beneficiaries of the cash Dollar, including civil society organizations & these measures supported an important segment of the economy, the exporters sector, as it allowed them to obtain 40 percent of the remittances received as a result of their exports & receipt in cash.” He pointed out that “the decision clearly specified the mechanisms for its implementation by banks & focused on the subject of incoming transfers, as it allows the receipt of some categories of their incoming remittances in cash,” explaining that “this decision is related to the incoming remittances & not the cash sale of Dollars for travelers, as the cash sale to travelers will continue as it is now, in addition to meeting the needs of customers and companies through this decision & therefore will reflect positively on the ER in the coming days.” Younis stressed that “there are no restrictions applied to banks in the field of money transfer, because there are procedures in the field of phasing out the CBI platform by supporting interests to open accounts in foreign banks abroad & the role of the CBI is short to enhance these balances & to follow up on transfers.” He concluded, “There are no restrictions on the transfer of funds in various currencies within the foreign currency banking system, but this decision is related to the cash dollar (cash withdrawal).”
  3. Here's an article of Dinarian intersts... All contracts in IQD only. Treat as a rumor. Not verified. Your opine. Clare: IQD Only. ARTICLE: “Reinforcing the Iraqi Dinar: A Shift in Iraq’s Monetary Policy” Quote: “In a decisive move to strengthen the local currency, the Iraqi Council of Ministers has mandated that all local contracts be denominated in Iraqi Dinars. This decision is a notable departure from the previous norm of executing contracts in US Dollars.”
  4. Here's an article of Dinarian interests... Some more evidence the IQD is now trading international. Treat as a rumor. Not verified. Your opine. MILITIAMAN: Regarding dealing with the yuan, which is the Chinese currency. ARTICLE: The council of Ministers says there’s a continuous communication by the CBI with Chinese banks in order to activate & allow merchants to directly transfer…Iraq is gearing to be fully international trading Dinar for Yuan for foreign trade is so timely…I pretty happy about that & I think you all should be as well…
  5. Here's an article from Dinarland... FM Hussein...the Iraqi currency is strong. Treat as a rumor. Not verified. Your opine. From Other Sources: Foreign Minister: The Iraqi Currency Is Strong And The Dollar Crisis Is On Its Way To A Solution. ARTICLE: Money & business: Economy, Monday, Foreign Minister Fuad Hussein confirmed that the Iraqi currency is strong, while indicating that the Dollar crisis is on its way to a solution. Foreign Minister Fuad Hussein said during a press conference that “the Iraqi delegation that visited Washington consisted of different sectors,” noting that “the purpose of the visit to Washington was related to the economic sector.”
  6. Luigi found this article of Dinarian interests... Treat as a rumor. Not varafied. Your opine. Iraq News: Top Iraq Economist Raad Twigg calls upon the CBI to remove the three zeros from the IQD to strengthen the local currency.
  7. Luigi found this article of Dinarian interests... It looks like CBI is preparing to go international. Treat as a rumor. Not varafied. Your opine. FRANK26... [Text from Iraqi citizen, Eddie] Mr. Frank: on Iraqi television news today is saying the United States of America has helped Iraq with building and supporting the currency of Iraq so that Iraq will be accepted throughout the world and makes our currency even stronger. Saying the Central Bank of Iraq and the United States of America have worked together and the United States of America has been the major reason why our currency will be world widely acceptable and stable. Parliament Financing is also announcing on Iraqi television that they are stopping all pay for the month until further notice.
  8. Luigi says... The new 1 IQD looks exactly like the 1000 IQD note, minus the zeros. Treat as a rumor. Not varafied. Your opine. June 1 2019 KTFA: Good morning TNT this is a picture from an article in 2018. It was confirmed to me that it has been reinstated as of Monday and will be the 1 dinar note for the new rate. Parliament voted on Thursday and passed the law that was passed by the finance committee last week relating directly to the rise of the currency exchange rate. This has not been made public yet. We are as of this moment expecting to see the release of the 100 dinar note anytime between now and the Jun 7th. This will conclude the release of the lower denoms and the start of the RV release shortly after. Enjoy your weekend, that’s what I’m doing.
  9. 12-15-2018 Newshound/Intel Guru Mnt Goat Many are saying the dinar is now international. Is this true? Confirmed by the CBI – DINAR IS NOT YET INTERNATIONALLY REINSTATED. The CBI also wanted to tell me that Iraq’s currency is NOT yet internationally recognized as it still has to be reinstated in the financial trading sectors as from the war sanctions. They know about lots of rumors and speculation is floating around that is it. They told me that it is one thing to be ready and have all the banking reforms in place in order to conduct international transactions but another reality to conduct business with the outside banking system once again using a VALUED dinar. Currently they are attempting to make this transition to de-peg off the dollar but it is difficult but they know it has to be done and is planned “sooner than later”.
  10. Luigi says... Don't send your IQD to any Dems claiming Trump has scammed all Dinarians. If our IQD is a worthless scam, why do scammers want them so bad? Why would they demand something from us that is totally worthless? We waited this long to exchange...don't blow it on fake news, now that the RV is so near. Do your own research. Not varified. Your opine. Go RV. 11/20/2018 KTFA: KTFA: Frank26: SAMSON .................. THE ENEMY .............. THAT I TALKED ABOUT LAST NIGHT ................ THE ONES THAT DO NOT WANT THE RI OF THE IQD TO LIFT THE 3 ZEROS FROM IT'S EXCHANGE RATE ................ HAS RELEASED AN ARTICLE OF GARBAGE. THEY HAVE TIED PRESIDENT TRUMP INTO ............... THE SO CALLED SCAM. IT IS NOT FROM A RELIABLE NEWS SOURCE ............ IT IS FROM PARANOIA AND JEALOUSY. DO NOT ................ POST THIS NEGATIVE AND USELESS ARTICLE. BUT I WILL ...............COVER IT ON FRIDAY TEAM CHAT. WHY??? ONLY BECAUSE OF THE CURIOUS FACTOR OF THE TIMING TO SEE ....... RIGHT NOW !!! ........ A DESPERATE ATTEMPT TO SMEAR OUR PRESIDENT TRUMP ....... WITH THE IRAQI DINAR !!! BTW ........... I HAVE THE ARTICLE ...........LOCKED UP. AM SURE THE NET WILL RUN SIDEWAYS WITH THIS ............. TONIGHT OR TOMORROW. WS AND I ................... STAND DOWN FROM IT'S STUPIDITY. THANK YOU KINDLY SAMSON .........ALOHA \M/ 11/20/2018 KTFA: DELTA: Structuring of the currency: the Central Bank is preparing to delete 3 zeros from the Iraqi currency. London - Word: The Central Bank of Iraq details the project, "structuring the currency," which aims to delete 3 zeros, to facilitate the circulation of currency. The Director General of release safes Abdul Karim Hassan in remarks followed the word news website that " the restructuring of the currency project when he put the first time encountered many objections Vtogel to be raised again in 2014 and begin to apply it, but the emergence Daesh was a new reason to postpone it ." Hassan explained that "the draft currency structure aims to delete three zeros to turn the category of a thousand dinars to one dinar, while replacing the thousand dinars in the place of one million dinars." He pointed out that "the project allows the printing of new categories of dinar and half dinars down to deal with the bank." He stressed that "the idea is integrated and there is a comprehensive study and the project does not need to apply," stressing that "this project must be implemented despite the obstacles that led to the postponement." http://kalimaiq.com/contents/v.....ls?id=2535 Frank26: LOL.... I KNOW ....... RIGHT ? ............ WE KNOW !!! !!! !!! LOL Iobey777: WOW!!!!!!!!!!BOOOM!!!!
  11. Luigi asks... Iran has been hoarding IQD for years under Maliki. Now Iraq must pay Iran debts in IQD. Will Iran benefit & get the last laugh, post RV? Not varified. Your opine. 11/3/2018 KTFA: DELTA: HUGE ARTICLE ..IRAQ CAN'T PAY IRAN IN DOLLARS ANY MORE.... ONLY OPTION IS DINARS ...SO THEY HAVE TO PAY IRAN 1 BILLION $ ASAP...AT THIS RATE THEY HAVE TO PAY THEM 1 TRILLION DINAR.. Don961: Exceeded one billion dollars .. Tehran demands Baghdad to accelerate the payment of electricity debts 10:55 - 03/11/2018 Baghdad Mawazine News An Iranian official on Saturday called on the Iraqi government to speed up the payment of electricity debts to Tehran, which exceeded one billion dollars. "The Iranian company Tuaner, which is specialized in the management of the production, transmission and distribution of electricity, continues to pay with these debts." ....
  12. Luigi says... Nothing here varified. Treat this as a rumor. Your opine. 12 Sep 2017 Judy Byinton... 1. Yesterday Iraq was setting their new Dinar rate on the CBI, and would publish it in tomorrow’s Gazette, Sept. 13. 2. Today Sept. 12 Iraq, Kuwait, Saudia Arabia, Jordan and China came into New York for meetings at the UN. Iraq was scheduled to speak on Thurs. Sept. 14. 3. Today Sept. 12 in Florida they were making great moves to reopen exchange centers. 4. Last night Sept. 11 the Zim was heavily trading in international markets. 5. They will have the highest negotiable exchange rates at the 7,430 redemption centers. 6. Currency operational rates were scheduled to show up tonight or tomorrow at the UN. 7. All currencies will go at once. 8. There were six or seven very large private exchanges that took place last week. 9. SKRs would be liquid when we get the 800#s. 10. There was a good chance this could go after midnight EDT tonight, or within the next 24 to 36 hours.
  13. 21 Jan 2017 Adminbill... Unconfirmed intel from across the pond from earlier today Baghdad sent notices to all their embassies that there will be an adjustment to their currency rate.
  14. 1-5-2017 Newshound Guru Enorrste ...it is my understanding...while under article XIV the dinar is not "internationally tradable" as we would normally use the term. It is true that one can buy physical dinars, but the dinar is not "traded" on any exchanges as we normally think of that term. Second, being under article XIV...also offers Iraq legal protection against lawsuits. It is this protection that, effectively, stalls any significant trade between Iraq and the rest of the world. The big players won't take the risk if they don't have some recourse legally. Therefore...practically speaking getting out of Article XIV and into Article VIII is nearly necessary before anything will happen to the value of the dinar. 1-5-2017 Newshound Guru Kaperoni ...the dinar is legal tender and internationally convertible now. It is just that the CBI is under Article XIV that makes banks shy away from engaging with the CBI and dinar (because it is risky and banks by nature are usually conservative). That is a choice for banks to make. Article VIII simple means that the CBI has met a level of compliance and international standards under the IMF. Which then would be much more inviting for banks to want to engage with Iraq.
  15. Word on the street coming in is that the IQD is on the move. Some say the RV has started. It is still to early to call a few points move a full blown RV but at least it is a start. Not varified. Your opine. 26 Nov 2015 TNT Tony... LAS] okrocks: CHAT THIS MORNING…. THE TONY TWEET IS WHAT MAKES IT OFFICIAL IMO … I AM READY! HAPPY THANKSGIVING TO ALL gizmosmom : Art said it RVD last night on OM, in the banks by Monday. I will believe it when i see it. olesailor : doesn’t make sense they would wait till Monday, IF THEY WANT THIS QUIET Iko Ward : Art let it out of the bag. Iko Ward : Keep your phones charged and nearby…no kidding….Looks like it’s time to just know. Okie just crossed the outer markers. English White Knight : In case you guys didn’t hear – Our UK chancellor in his budget yesterday found a spare $40bn in his back pocket from nowhere. RV??? Iko Ward wrote It appears there really was a back wall and 2.6 Billion Chinese and Indian people are about to knock it down. Please stand back. rayfaulk wrote Iko: Okay matey… I got my hard hat on and ready for the demolition! Roar! chardinar : Ill help chisel while waiting on the bird Iko Ward : Actually, they are using Caterpillar Dozers made in Indonesia but that’s a whole other topic. rayfaulk : Iko… whatever works big man… I’m for it… Thanks for your support, humor, and general Iko-ness! Roar! olordplease : Did forex really go to 948 or is that bullony .. .Iko Ward : olord I didn’t see that but some of the secondary platforms do on occasion project lower rates. sometimes people mistake investment indexes for the rate since they are similar Iko Ward : Today when you are blessing the meal make sure you include Tony, Ray and Pam. It’s been a long, complicated journey for them and they deserve our love and gratitude. lealoha : set her down gently Okie buddydog wrote All…. Good Morning and Happy Thanksgiving to everyone. What a day to be grateful for everything that we have… family, friends, love and the RV rockymtnlady : OM was fully pumped last night! If things go as well as it looked last night, enjoy Thanksgiving but keep phone handy and have great expectations for Black Friday! dajen : it went up slightly this morning to 1081.8
  16. Luigi asks... Could this act render our IQD worthless? What is to stop Iraq from coming out with a new replacement currency & rendering the IQD a dead currency? Could the investors be stuck holding the bag? How can Iraq cover such a huge amounts of currency out there? 05 Nov 2015 S3A... ShirleeB: The French are interesting people, however, some of them seem to be very sneaky. someone in France who had access to a delarue machine with plates made over 100 quadtrillion extra dinars for themselves. that is one of the issues, but according to those who know more than I say they are known to those that matter, seems the dinars sent to USA will be fine.
  17. Luigi says... Take as a rumor. This is just one Guru's opinon. S3A : Flash Gordon September 29, 2015 at 5:42am Which is 8 cents or 8th of a penny ? Reply Robyn Cross > Flash Gordon September 29, 2015 at 8:34am 1.000.000 = 1,000,000 (continental European & American & British) Decimal Point vs Decimal Comma vs Other Decimal Separators http://boards.straightdope.com/sdmb/archive/index.php/t-154621.htmlI believe that's continental European, and the notation is not consistent. The Swiss (IIRC) use 1'000'000 for a million, for instance, where the French use 1.000.000 and the Americans and British use 1,000,000. Lastly, I found this site http://brilliantmaps.com/decimals/ Reply EXOGEN > Flash Gordon September 29, 2015 at 5:48am The price in the market $ 100 USD = 122.800 Iraqi Dinars THIS IS WHAT IS INTERESTING Reply Flash Gordon > EXOGEN September 29, 2015 at 5:57am Indeed , looks like profit to me . Reply Ranger4564 > Flash Gordon September 29, 2015 at 7:14am Flash, I think it's 80 cents. 100 / 122.8 = .81 which means, each Dinar = $.81 . I hope I did the math right, it should be so simple, but sometimes the simple calcs trip you up. And I just woke up. Just started sipping my first cup of coffee. EXOGEN September 29, 2015 at 5:29am 09/29/2015 US $ 1 = 1,187.0700 Iraqi dinars 1 Iraqi dinars = US $ 0.0008 Last update: Tuesday, September 29, 2015, 10:49 GMT Baghdad The price in the market $ 100 USD = 122.800 Iraqi Dinars Reply Hermit > EXOGEN September 29, 2015 at 6:04am Fabulous news ... I've wondered where I could find out this kind of information - live in real time. Do you mind sharing your 'source' ... like where the info came from? Only if it's public, mind you. I don't want to compromise private intel providers. Thanks Exo! Reply Ranger4564 > Hermit September 29, 2015 at 7:18am Market may mean, stock market, or the actual Bazaars and shops, so you can look for online pricing for merchandise in Iraq to see if any of those reveal anything... look for online street cams or what not, see if there's a stream that shows a street market in Iraq, or look at the ISX or other market activity in Iraq or elsewhere trading in Iraq.
  18. from other sources... 6-6-2015 Newshound Guru Millionday Article quote: "The central bank issued a circular to all banks dealing with foreign remittances only in Iraqi dinars to keep hard currency and to support the Iraqi dinar exchange rate." [If Iraq is paying foreign bills in Dinar, doesn't that make their currency tradable, convertible, international?] IF THAT IS THE CASE ACCORDING TO GLOBAL ECONOMICS I AM FAMILIAR WITH...IT WOULD MAKE THEM INTERNATIONALLY ACCEPTED -- FINALLY. 6-6-2015 Newshound Guru wmawhite Article quote: "The central bank issued a circular to all banks dealing with foreign remittances only in Iraqi dinars to keep hard currency and to support the Iraqi dinar exchange rate." These are foreign remittances...these are bills from foreign customers...IMO. Presently those bills are paid with USD. The way this article reads these are not local citizens, but foreign customers. This is significant IMO because the banks are being told to pay their foreign bills with IQD...not with the USD. Could be very good news. Luigi says....This don't mean the RV has occured. A nation's currency can still be internationally accepted even at the lower rate. This is positive news that can speed along the RV process. Lest we forget the SK Won USD exchange rate is 1100 to 1 USD. Stay alert...Go RV.
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