.Zig’s Place Chat and News Early Tuesday AM 5-4-21

Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here

butterfly 2021-05-04 01:44 Shafaq News / OPEC’s share of India’s oil imports fell to the lowest in at least two decades in the year to the end of March as overall purchases by Asia’s third largest economy fell to a six-year low, data obtained from industry and trade sources showed, Reuters reported. Total crude imports by the world's third-biggest oil importer fell to 3.97 million barrels per day (bpd) in the 2021 fiscal year to March 31, down 11.8% from a year earlier, the data showed.

India bought more U.S. and Canadian oil at the expense of that from Africa and the Middle East, reducing purchases from members of the Organization of the Petroleum Exporting Countries to around 2.86 million barrels per day and squeezing the group's share of imports to 72% from around 80% previously.

.Zig’s Place Chat and News Monday PM 5-3-21

Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here

Butterfly A slight rise in dollar prices in Baghdad and stability in the Kurdistan Region

2021-05-03 08:32 A slight rise in dollar prices in Baghdad and stability in the Kurdistan RegionShafaq News / The exchange rate of the dollar increased, on Monday, on the main stock exchange in Baghdad slightly, and stabilized in the Kurdistan Region.

The Shafaq News Agency correspondent said that the Al-Kifah and Al-Harithiya Central Stock Exchange in Baghdad registered 148,100 Iraqi dinars for 100 US dollars.

Zig’s Place Chat and News Monday AM 5-3-21

Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here

Butterfly Corona and US Treasury bonds give gold a boost 05/03/2021

{Economic: The Euphrates News} Gold prices rose today, Monday, as they support the demand for the metal thanks to the decline in US Treasury bond yields and concerns about the increasing cases of Covid-19 in some countries.

Al-Mukhtasar al-Mufid .. In important news, you can find it on the Al Furat News channel on the Telegram .. To subscribe click here

By 04:18 GMT, spot gold gained 0.3 percent, to record $ 1773.90 an ounce. Trading volume in Asia was low due to a holiday in China and Japan. US gold futures rose 0.4 percent to $ 1773.90 an ounce.

.Zig’s Place Chat and News Sunday PM 5-2-21

Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here

butterfly Iraqi Dinar/US Dollar auction results 5-2-2021

United States DollarThe results of the foreign currency sale window on Sunday 5/2/2021, and executed today

Sale date – Sunday 5/2/2021 and executed today the details Amount

Total sale for purposes of enhancing funds abroad (transfers, credits) 140,693,297

Total cash sale 21,600,000 Total sales 162,293,297

Note that:

The sale price of the sums transferred to bank accounts abroad is ( 1460 ) dinars per dollar.

The cash sale price is ( 1460 ) dinars per dollar. cbi.iq/currency_auction/view/1020

..Zig’s Place Chat and News Sunday PM 5-2-21

Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here

butterfly Iraq is giving SS to their citizens, well now ain't that something....sovereign.....

Representative Work: We are committed to approving the workers' retirement and social security law

Saturday 01, May 2021 15:32 The Parliamentary Committee on Labor, Social Affairs, Immigration and Immigration affirmed its commitment to complete the approval of the retirement and social security law for workers in order to guarantee their legal rights.

In a press release, the committee urged the government to take into account the living conditions of workers and support them, and to put in mind the segment of workers in its decisions because they are an important segment in society and by their efforts the country is built, and it also called on all trade unions and trade union organizations to exercise their work seriously to protect workers' rights and defend them.

.Zig’s Place Chat and News Thursday PM 4-29-21

Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here

Butterfly 2021-04-29 07:32 Shafaq News/ The Prime Minister of Kurdistan, Masrour Barzani, hosted the President of the Republic of Iraq, Barham Salih, earlier today, Thursday.

A readout of the meeting issued by the Kurdistan Regional Government (KRG) said PM Barzani and President Salih discussed the latest developments and updates on the situation in Iraq and Kurdistan, stressing the importance of addressing the unresolved issues between the Federal and Regional governments.

The meeting deemed the consensus over the 2021 Federal Budget law as a "positive step" that shall benefit all the components and territories in Iraq, laying emphasis upon delivering the allocations of the Kurdistan Region as soon as possible, according to the readout.

.Zig’s Place Chat and News Thursday AM 4-29-21

Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here

Butterfly Saudi Arabia offers condolences to the victims of the Ibn Al-Khatib hospital fire

Wednesday 28, April 2021 23:47 Oil Minister Ihsan Abdul-Jabbar Ismail received a phone call from Saudi Energy Minister Prince Abdulaziz bin Salman.

According to a ministry statement, the Saudi minister conveyed his condolences and the condolences of the Kingdom of Saudi Arabia to the Iraqi people and the Iraqi government over the fire incident at Ibn Al-Khatib Hospital.

He expressed the Kingdom's solidarity with the families of the victims and the wounded, expressing the Kingdom's readiness to provide support and assistance to Iraq.

.Zig’s Place Chat and News Wednesday Afternoon 4-28-21

Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here

butterfly The President of the Republic, Barham Salih, arrived in Erbil, and was received at the airport by Nechirvan Barzani, President of the Kurdistan Region, and a number of party and government officials.

butterfly Toller confirms to Al-Araji that the United States is seeking to include its relations with Iraq in all fields

Wednesday 28, April 2021 16:22 The US ambassador in Baghdad, Matthew Tueller, affirmed his country's readiness to assist Iraq and provide the necessary support in the crisis of the Corona pandemic.

.Zig’s Place Chat and News Wednesday AM 4-28-21

Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here

sandyf @NORV "Sandy needs to read the IMF documents where they specifically talk about Iraq floating the currency." The IMF will always talk about floating the currency, particularly with emerging economies that have financial issues. Flotation is the only way to establish a realistic rate of exchange, it was the IMF that coerced Egypt into a flotation that resulted in a 50% devaluation. I would agree with most of what you say but you are wrong to make out a float would lead to some benefit, it is not a given.

butterfly sandyf I would love to find the "trigger" person so we all can move on with our lives. AND how are you?

PeteV @sheila hey there is a new update at ur secret source Nicks Intel Update @sheila

Sheila PeteV will go check it out

Sheila PeteV Nicks not secret source... banker friend is my secret source... lol PeteV banker friend gone to big meeting. maybe Thursday or Friday for all of us peons out here in dinarland... lolol lolol

.Zig’s Place Chat and News Tuesday PM 4-27-21

Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here

Sheila Did anyone notice that Royal Bank of Canada went belly up? Nothing much in news about that. Wonder if anyone can shed light on that event?

Dave sheila OH OH Canada's largest bank Royal Bank of Canada goes belly up? We ALL living here have seemed to have missed that boat.......

Sheila Dave Checking to see if that's true or not.

Dave NOT! would be great though,.....would be mortgage free .......?

butterfly Al-Muhammadawi addresses a parliamentary question to the governor of the Central Bank regarding banks and private companies for selling foreign currency (document)

.Zig’s Place Chat and News Tuesday AM 4-27-21

Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here

butterfly 2021-04-27 04:28 Shafaq News / the Central Bank of Iraq on Tuesday, announced decrease in the foreign currency exchange.

Shafaq News Agency correspondent said that the foreign currency auction of the Central Bank of Iraq recorded a 3.85% decrease to 200,454,012 dollars which the bank covered at an exchange rate of 1460 dinars per dollar.

He added that the sales operations were in the form of wire transfer (165,054,012 $) and credits (35,034,000$).

Last December, Iraq’s central bank increased the sale price of U.S. dollars to banks and currency exchanges to 1,460 dinars, from 1,182 dinars, seeking to compensate for a decline in oil revenue due to low crude prices.

The central bank of Iraq said the key reason behind the dinar’s devaluation was to close the gap of widened 2021 budget inflation after a collapse in global oil prices, a major source of Iraq’s financial resources.