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mike alfred

Iraqi Dinar Again Getting Stable - 0 views

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    The Interior Ministry says that there have been no rises in the price of the Iraqi dinar since quite some time. Adnam as-Asadi said that the price of the dinar has been stable for a long time which shows its strength.
mike alfred

Central Bank Need to Take Proper Measures to Stable Iraqi Dinar - 0 views

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    News announced the parliamentary Finance Committee that the Iraqi dinar stable, stressing that the central bank that it manages to improve the situation of the Iraqi dinar against other currencies.
mike alfred

Stable Iraqi Dinar - No Fear Of Collapse - 0 views

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    The news that came in from a source in Turkey about the Iraqi Dinar that it has become stable. This is great news for all the investors and the local Iraqis. The Iraqi citizens demanded that they could store the foreign currency on temporary bases which would be balanced as per the orders of the governor of Iraq by 1.3% of the US dollar.
mike alfred

Finance Committee Announces The IQD is Stable - 0 views

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    The purchase of gold is being considered as a wise decision on the part of central bank of Iraq but you cannot expect dramatic changes in the exchange rate of Iraq because there are many other factors that need to be considering after this purchase that can make or break this deal. The overall economic condition of Iraq is satisfactory even with the terrorism issue.
mike alfred

A Stable Government is Must For RV - 0 views

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    The tension between government of Iraq and Erbil is on hype these days. Every Iraqi wants the tension between Baghdad and Erbil need to resolve for the betterment of country and for the value of Iraqi dinar. The Adam an Iraqi wished that government need to close the difference with Kurdistan to develop the country mutually. He said that there should be a middle ground that would be acceptable for both of the regions.
mike alfred

The Recent Gold Purchase, Iraqi Dinar RV and the Dream of Stable Economy - 0 views

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    The central bank of Iraq purchased 36 tons of the gold ingot in the month of April 2014 to increase the gold reserves of the country and ultimately to enhance the value of Iraqi dinar in local and international market. this purchase increased the gold reserves of Iraq by 90 tons in 2014. The purchase of this huge quantity surprised economists all over the world.
mike alfred

Oil Prices to be Stable at 55-60 - 0 views

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    Iraq is losing a lot of money with the sale of oil. Per barrel cost is less than what it should be and it is costing a loss of billion dollars to Iraq. The US and Brent crude oil costs more than $ 60 a barrel but due to the hike and decline in the prices of oil.
mike alfred

Stable Exchange Rate is The Sole Aim of Private Banks Association - 0 views

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    Hussein al Tamimi is now new chairman of the Association of Private Banks in Iraq. He held a meeting Baghdad last night and decided to participate in the economic development of Iraq. Tamimi said that he is worried about exchange rate of Iraq currency in the global market.
mike alfred

Iraqi Dinar Getting Stable Despite Current Issues: CBI - 0 views

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    Governor of central bank of Iraq Abdel Basset Turky said that Iraqi Dinar will not lose its value in the international market even the worst economic and law and order situation. He said that $70 billion dollars of cash reserves and more than 20 tons of gold is enough to support its currency in the international market.
mike alfred

The Central Bank Sales in Excess of 152 Million Dollars in Monday's session - 0 views

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    Sales of the Iraqi Central Bank declined at an auction, on Monday, on the sale and purchase of foreign currencies registered sale 152.534 million compared with 169.385 million dollars was recorded at an auction yesterday, and a stable exchange rate at 1166 dinars per dollar.
mike alfred

HIGH DOLLAR SALES AT AUCTION WEDNESDAY - 0 views

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    Sales of the Iraqi Central Bank of the dollar at an auction sale and purchase of foreign currency on Wednesday to 218 million and 874 000 dollars, after it yesterday reached 207.178 million dollars at the exchange rate stable in 1166 dinars per dollar.
mike alfred

CBI (Central bank of Iraq) Recent Purchase of Gold - 0 views

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    The Central Bank of Iraq has recently purchased the heavy amount of gold. It is about 36 tons of gold purchased by the CBI in the previous month. The central bank is always making plans to stable the country's position and the value of its currency. Time by time, it is making different plans and implement on that. It is a big step to invest in heavy amount of gold.
mike alfred

Iraq is Prepping For WTO Membership - 0 views

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    Iraq is trying to convince its friends and concerned countries to vote in its favor for the membership of World Trade Organization. Most of the countries are ready to vote in the favor of Iraq for the membership of world trade organization. According to the rules, Iraq will have to manage its currency so that it may trade internationally. The value of Iraqi dinar must be stable to get membership of world trade organization.
mike alfred

Timing Matters A Lot: Jester - 0 views

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    Jester, the famous dinar expert is of the view that timing matters a lot for completion of revaluation procedure in Iraq. Country requires a peaceful a stable environment for the country to revalue Iraqi dinar. It is not possible for Iraq to take this huge decision when the country is facing political and economical crisis.
mike alfred

Iraqi Dinar Deletion of Zeros is Suitable For Economic Stability - 0 views

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    Abdel Basat Turki the governor of central bank of Iraq said that it will not be possible for central bank of Iraq to delete the zeroes from currency of Iraq unless the economic development of Iraq. He said that country is not in a position to take this decision without a stable economy. He denied the statement of Maliki for revaluation before election 2014.
mike alfred

CBI Dollar Sales Go Up Again - 0 views

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    As per the Press reports; the sales of the CBI dollar went up to 172.713 million dollars. The auction was done on Thursday in such a way that the sale and purchase of the foreign currencies was stable at the dinar rate of 1166 against the dollar.
mike alfred

The Dollar Auction Sales Declined at Central Bank of Iraq - 0 views

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    Despite of recent poor law and order situation and low overall government revenues for the last 8 months, Iraqi dinar remained stable in the international market. The governor of central bank of Iraq said that it is all due to cash reserves and gold reserves available at central bank of Iraq.
mike alfred

Sales of Dollar Increased at the End of the Week - 0 views

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    Central bank of Iraq closed its successful trade session of the week with the stable exchange rate of Iraqi dinar 1116IQD against a dollar. As compare to the last session $175.612 the current session closed at $215.603 million that shows a healthier growth in the trade of dollar at auction.
mike alfred

New Govt. Putting Efforts to Delete Zeroes From Iraqi Currency - 0 views

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    The government of Iraq has been trying to delete the zeroes from the Iraqi currency for a better global price of the Iraqi dinar. They have been trying since long but they have not been able to manage things in a better way. There have been several propositions and it is a good thing that the decision of the deletion of zeroes has not yet been taken. Iraq need to stable itself in a better way before the price of the dinar is settled.
mike alfred

Iraq Stock Market to Starts at 350 Index - 0 views

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    Iraq has not been financially and economically stable enough that they could take part in the stock exchange. With the handling of data and due to the auction sessions done by the CBI have proved to be helpful for all in a better way. the Asher Iraq stock exchange has changed and managed the ratio of it at 0.06 which is a good way to trade the different things in a better way.
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