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The parliament denies Iraqi negotiations with the IMF to reduce the value of Dinar


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The parliament denies Iraqi negotiations with the IMF to reduce the value of Dinar

Shafaq News / The Deputy Speaker of the Iraqi Parliament, Bashir Al-Haddad, denied on Wednesday Iraqi negotiations with the International Monetary Fund to reduce the Iraqi Dinar's exchange rate against the US dollar.

Al-Haddad criticized, in a statement received by Shafaq News agency, "the irresponsible statements of some parties who claimed that the government has entered into negotiations with the International Monetary Fund seeking to lower the exchange rate of the Iraqi dinar against the US dollar," noting, "it led to a decline in its value in the past few days."

Al-Haddad asserted, "the only party authorized for such statements is the Central Bank of Iraq, calling on the media to be careful and accurate in making statements."

The exchange rates of the dollar against the Iraqi Dinar rose again in Baghdad and Kurdistan's markets today, Wednesday, after few days of fluctuations.

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28 minutes ago, Laid Back said:

More talks about the exchange.... Something is going on.!

 

There’s no smoke without fire.

 

I’m ready for this.

Go RV

Go $1:1

 

 

I feel like we go through this every December.... I’m praying December 2020 is different 🤞🏼

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58 minutes ago, Laid Back said:

More talks about the exchange.... Something is going on.!

 

There’s no smoke without fire.

 

I’m ready for this.

Go RV

Go $1:1

 

 

LB, Agree...Something is definitely going on behind the scenes 4 sho....😁😁👍👍.

 

GO RV & RI

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I haven't seen one article that states the CBI is devaluing the Dinar, as matter of fact the only thing I've read from the CBI is that aren't responsible for the large gap in the exchange rate. 

I can see all these CBI members sitting around the table at tea time smoking on their bongs an laughing hysterically at all these idiot speculators buying up the US Dollar. Slapping each other on the back an saying their plan is working as planned..

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5 hours ago, Laid Back said:

More talks about the exchange.... Something is going on.!

 

There’s no smoke without fire.

 

I’m ready for this.

Go RV

Go $1:1

 

 

Right there with you brother, the talk continues about the exchange rate. Continue the education and new monetary reform, while keeping the spectaculars at bay 😉 

The train is perhaps coming to its final stop, and we are ready to get off and take life to the next level. 🙏

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Parliament clarifies the fact that the government entered into negotiations with the international monetary system to reduce the price of the dinar

Shafaq News / The Deputy Speaker of the Iraqi Parliament, Bashir Al-Haddad, denied, on Wednesday, what was circulated regarding the entry of the Iraqi government into negotiations with the International Monetary Fund to reduce the price of the Iraqi dinar against the US dollar.

 

Al-Haddad criticized, in a statement received by Shafaq News, “the irresponsible statements by some personalities and parties who claim that the Iraqi government has agreed and entered into negotiations with the International Monetary Fund and international institutions and sought to lower the exchange rate of the Iraqi dinar against the US dollar, which led to a decrease in its value between Global currencies in the past few days, and fears have arisen on the Iraqi street. "

 

He added that "this is just untrue and untrue statements and statements," stressing that "the only authority authorized for such statements is the Central Bank of Iraq, calling on the media and news channels to" be careful and accurate in making statements. "

 

The exchange rates of the dollar against the Iraqi dinar rose again in the markets of Baghdad and Kurdistan, today, Wednesday, after witnessing fluctuations during the past days.

 

Shafaq News Agency correspondent said that the central al-Kifah and al-Harithiya stock exchanges in Baghdad registered 129,500 Iraqi dinars today, compared to 100 US dollars.

 

On Tuesday, Al-Kifah Central Stock Exchange registered 127800 Iraqi dinars against 100 US dollars.

 

Our correspondent indicated that the buying and selling prices also increased in the banking shops in the local markets in Baghdad, where the selling price reached 130,000 Iraqi dinars, while the purchase prices reached 129,000 dinars per 100 US dollars.

 

In Irbil, the capital of the Kurdistan Region, the dollar prices also witnessed a rise, as the selling price reached 129,200 per hundred dollars, and the purchase by 129,000 per hundred US dollars

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8 hours ago, DoD said:

CBI is that aren't responsible for the large gap in the exchange rate. 

I can see all these CBI members sitting around the table at tea time smoking on their bongs an laughing hysterically at all these idiot speculators buying up the US Dollar. Slapping each other on the back an saying their plan is working as planned..

actually the people who get the most benefit and the profit are dollar speculator and cbi members ( cbi members who become the dollars speculator behind the scenes and they may be the thiefs in the currency auction ).  " large gap in the exchange rate " this is good for the cbi members because this is where the cbi members can take a huge profit behind the scenes. i doubt it that the cbi member are good and honest people because they can also become thiefs in the currency auction. this is all about supply and demand. when the rate 1190, the dollar speculators , including the cbi members behind the scenes can buy up as much dollars as possible and then hide them  under their mattress until the rate 1300/1500, then they sell their dollars for dinars to take a profit.. this cycle goes on and on and the dollar speculators think this taking profit is easy and quick money ( doesn't have to wait for a long time to take a profit ) compared to dinar speculators who have already been waiting for almost 17 years and there has been no rv yet. that's why the iraqi citizens love holding dollars because they don't have to wait for a long time to take a huge profit. iraqi citizens don't love dinars because when they hold dinars, they don't take a profit and the iqd hasn't been revaluing in almost 17 years. 

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  •  December 16, 2020

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Deputy Speaker of Parliament Bashir Al-Haddad denied entering the government in negotiations with the International Monetary Fund to reduce the price of the dinar against the dollar.

Al-Haddad criticized in a statement what he described as irresponsible statements by some personalities and parties who claimed that the government agreed with international institutions in this regard, stressing that the only body authorized for such statements is the Central Bank of Iraq only.

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Iraq today

Parliamentary signatures to host the Prime Minister, Minister of Finance, and Central Bank Governor

Posted 1 hour ago
News source / Alsumaria channel
Doc-P-367443-637440816325711354-810x455.
Alsumaria channel
News source / Alsumaria channel
The deputies said in a statement that Alsumaria News received a copy of, “We, the undersigned, call on the House of Representatives to hold an emergency (exceptional) session on Wednesday 12/23/2020 at one o'clock in the afternoon in the presence of Prime Minister Mustafa Al-Kazemi, Minister of Finance Ali Allawi and Governor of the Central Bank, Mustafa Jubouri".

They added that the session "is to discuss the reasons for the decline in the exchange rate, the classification of banks, the fiscal policy followed, the agreements of the Central Bank and the Ministry of Finance with the International Monetary Fund, the conditions and obligations, the failure of government performance and the state’s inability to implement its government approach."

 
Below are the names of the deputies:
 
1- Anam Al-Khuzaie
2-Haider Al-Fawadi
3-Siham Al-Mousawi
4-Sabah Al -Saadi
5-Yusuf Al-Kalabi
6-Hussein Al-Yisari
7 - Shaima Al-Tamimi
8-Naim Al-Aboudi
9. Faleh Al-Khazali
10- Bahaa Al-
Muraqqa 11- Abd Al-Ilah Al-Naeli
12- Fatima Abbas Al-Mousawi
13- Nawras Kamel Al-Karaiti
14- Rafah Al-Ardi
15- Muntaha Jaber
16- Alia Nassif Jassim
17- Ammar Kazem Al-Shibli
18- Asaad Al-Abadi
19- Muzaffar your Ismail your Fadl
20- Abbas Yabr
21- Qusay al-Yasseri
22- Maysoon al- Saadi
23- Suad al-Waili
24- Ikfa al-Hasnawi
35- Sunn al-Saidi
26- Amjad al- Oqabi
27- Hoda Sajjad
28- Abd al-Amir al-Mayahi

 

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Collecting signatures for the parliament to host Al-Kazemi, the Minister of Finance and the Governor of the Central Bank regarding the rise in the price of the dollar

 
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Information / Baghdad

On Sunday, a group of representatives submitted signatures to host Prime Minister Mustafa Al-Kazemi, Minister of Finance Ali Abdul Amir Allawi and Central Bank Governor Mustafa Al-Jubouri in parliament on the financial policy, especially with regard to the high exchange rate of the dollar.

In a statement received by the information, the signatories called on the House of Representatives to hold an emergency (exceptional) session on Wednesday 23/12/2020 at one o'clock in the afternoon in the presence of Prime Minister Mustafa Al-Kazemi, Minister of Finance Ali Allawi and Governor of the Central Bank, Mustafa Al-Jubouri, to discuss the issues The following: -

 

 

1. Reasons for the low exchange rate and the classification of banks

 

2. The financial policy followed

 

3. The Central Bank and Ministry of Finance agreements with the International Monetary Fund, terms and obligations

 

4. The failure of government performance and the inability of the state to implement its government approach

 

 

The statement added that the signatories to the hosting application are each of the following names: -

1-Dr Anaam Al-Khuzai

2- Haider Al-Fawadi

3- Siham Al-Mousawi

4- Sabah Al-Saadi

5- Youssef Al-Kalabi

6- Hussein El-Yousry

7 - Shaima Al-Tamimi

8- Naeem Al-Aboudi

9. Faleh Khazali

10 - Bahaa Al-Muraqqa

11- Abd al-Ilah al-Naeli

12- Fatima Abbas Al-Mousawi

13- Nawras Kamel Al-Karaiti

14- Well-being of Ardhi

15 - Muntaha Jabr

16 - Alia Nassif Jassim

17- Ammar Kazem Al-Shibli

18- Asaad Al-Abadi

19- Muzaffar Ismail Al-Fadl

20- Eng. Abbas Yaber

Qusay Al-Yasiri

22- Maysoon Al-Saadi

23-D. Suad Al-Waeli

24- Dr. Al-Hasnawi sufficiency

35-Sun Al-Saeedi

26- Amjad Al-Oqabi

27 - Hoda Carpet

28- Abdul Amir Al-Mayahi

 
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16 minutes ago, GreedyDinar07 said:

I waited 13 years for this BS!! they would have came out better leaving Sadaam in power!! I am embarrassed!!

Easy killer that’s the last thing we want!!! It’s coming. Be patient. 

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