4real » March 3rd, 2017
Since late last year, you’ve said once Mosul has security and stability, the MR will follow immediately, in the still of the night, nanoseconds, and other descriptive terms. Don’t take this the wrong way, but Wednesday’s CC I heard you say for the very first time, give me Mosul and you will have the MR at a much faster pace. I’m not asking for a date. I totally, 100% believe that you and Delta have no idea on the date, just what our studies gives us. But if I can ask, what made you change your thought process about Mosul since it looks so close to being liberated?
Frank26 » March 3rd, 2017
Frank26 » March 3rd, 2017
No No .........Now Know This .................... i am of the opinion that once Mosul is given as Liberated by A (Abadi) ................. Then The MR will come ...... Flow ........ Move .......... Proceed .............Progress .......... Advance ............ .............. Take Your pick Friend.
Suffice it to say IMO ................ Things of S and S (safety and security) via Mosul equal much Greater Confidence in ............. " After the war with Dash........"
Stranger » March 3rd, 2017
I’m not Frank but here is why Frank said it needed to be done in the early part of (1st Quarter) 2017, from the Jan. 2, 2017 Monday CC........(nothing was changed other than I underlined a few key comments)
Frank26 » March 3rd, 2017
Frank26 » March 3rd, 2017
The Monetary Reform….the CBI said very clearly that they are going to lift the 000’s and yes we know we are done lifting it from the streets…..so therefore we are going to lift the 000’s from the exchange rate….in the early part of 2017….for the financial issues that we are dealing with….Family that is plain English…in the Mookla…..the acting governor of the CBI said look I don’t want to do this in the middle of the year….it has to be at the beginning of a fiscal year….
now pay close attention because these are powerful points I am about to make…..the acting governor of the CBI said very clearly in the articles that we have in our Final Articles thread…he said….I am trying my best ok but we cannot raise the value of our currency in the middle of the year….it has to be at the beginning of our fiscal year….the Monetary Reform is the deletion of the 000’s from the exchange rate because we have accomplished what we needed to do in lifting the 000’s from the streets….and we are at the start of 2017….and it is now time implement the Monetary Reform….and I think they are IMO
Their Central Bank communicates with the IMF….and the CBI in 2015 they sent a memo to the IMF and said look….we thank you for the green light because that is what the article said….green light….we thank you for the green light to lift the 000’s from our exchange rate……but we are studying the situation right now…and unfortunately as we know and you know….by law we cannot delete the 000’s…..right now in the middle of this year 2015….sowe are going to move everything to the early part of 2017.
The Finance Committee came out and said in July of 2015….no we can’t….the CBI says we can’t lift the value…and there was a postponement….Family….by international law they have to wait…and because of the Stability and Security not being good they have to wait….and this put a lot of pressure on the CBI to do the RV as quickly as possible…..and that is why they moved it to the early part of 2017 and you had the time to continue getting ready to bring forth the Monetary Reform and that is why we told you IOO the RI is very deep and we are very close on the RV….there are no delays….in March of 2015 they got the green light to do that phase to lift the 000’s and to start the process of lifting it from their exchange rate…..and 75% have been well collected since then….the lifting of the 000’s just starting this year is the window to do it by international law….if they lose this window….I’m sorry Family….they will lose a big opportunity.
There is no 2018 article is there….there is no denying 2017….this is a legit source…and DELTA translated it with me word for word on the phone for about an hour…..this we feel is an announcement….not from the CBI….not from Abadi….but from Iraq…..that in these 72 hours somehow….some way allowed this Egyptian newspaper to tell the world….yeah we are lifting the value….but is it an official announcement…..no not yet….but it is an urgent report isn’t it…..a Middle Eastern currency is about to go up in value….that is what it says Family….it’s translated by our brother DELTA….he said Frank it says they have decided to delete….wow…the 000’s….yeah….from the exchange rate….yeah….Frank it also talks about the LD’s…..oh my goodness.
No wonder Citibank did what they did…..they are not stupid….Allak said by January the dinar would be international with all other currencies…and again I’m not saying that this is an official announcement….but this is a legit newspaper….a well trusted source in the ME….this newspaper is like CNN……URGENT: We have a fast message to deliver…..72 hours huh….by logic….by logistics…..it has to be in the early part of 2017……not 2018.
Stranger » March 3rd, 2017
now pay close attention because these are powerful points I am about to make…..the acting governor of the CBI said very clearly in the articles that we have in our Final Articles thread…he said….I am trying my best ok but we cannot raise the value of our currency in the middle of the year….it has to be at the beginning of our fiscal year….the Monetary Reform is the deletion of the 000’s from the exchange rate because we have accomplished what we needed to do in lifting the 000’s from the streets….and we are at the start of 2017….and it is now time implement the Monetary Reform….and I think they are IMO
Their Central Bank communicates with the IMF….and the CBI in 2015 they sent a memo to the IMF and said look….we thank you for the green light because that is what the article said….green light….we thank you for the green light to lift the 000’s from our exchange rate……but we are studying the situation right now…and unfortunately as we know and you know….by law we cannot delete the 000’s…..right now in the middle of this year 2015….sowe are going to move everything to the early part of 2017.
The Finance Committee came out and said in July of 2015….no we can’t….the CBI says we can’t lift the value…and there was a postponement….Family….by international law they have to wait…and because of the Stability and Security not being good they have to wait….and this put a lot of pressure on the CBI to do the RV as quickly as possible…..and that is why they moved it to the early part of 2017 and you had the time to continue getting ready to bring forth the Monetary Reform and that is why we told you IOO the RI is very deep and we are very close on the RV….there are no delays….in March of 2015 they got the green light to do that phase to lift the 000’s and to start the process of lifting it from their exchange rate…..and 75% have been well collected since then….the lifting of the 000’s just starting this year is the window to do it by international law….if they lose this window….I’m sorry Family….they will lose a big opportunity.
There is no 2018 article is there….there is no denying 2017….this is a legit source…and DELTA translated it with me word for word on the phone for about an hour…..this we feel is an announcement….not from the CBI….not from Abadi….but from Iraq…..that in these 72 hours somehow….some way allowed this Egyptian newspaper to tell the world….yeah we are lifting the value….but is it an official announcement…..no not yet….but it is an urgent report isn’t it…..a Middle Eastern currency is about to go up in value….that is what it says Family….it’s translated by our brother DELTA….he said Frank it says they have decided to delete….wow…the 000’s….yeah….from the exchange rate….yeah….Frank it also talks about the LD’s…..oh my goodness.
No wonder Citibank did what they did…..they are not stupid….Allak said by January the dinar would be international with all other currencies…and again I’m not saying that this is an official announcement….but this is a legit newspaper….a well trusted source in the ME….this newspaper is like CNN……URGENT: We have a fast message to deliver…..72 hours huh….by logic….by logistics…..it has to be in the early part of 2017……not 2018.
Stranger » March 3rd, 2017
Frank, Perhaps it should be asked can Iraq make everything retroactive from March 31st or June 30th to January 1st and still call it "early"? (i.e. "the beginning of the fiscal year").... or..... since they seem to have been given as you have stated in the past "special" status by the IMF, US etc., this doesn't apply?
Lexi » March 3rd, 2017
Lexi » March 3rd, 2017
Thank you for bringing these statements forward. June is not the beginning of the year it's the middle. If the statements above hold true then as Frank said can't do it in the middle of the year as stated above. March 31st marks the end of the 1st quarter(1st of the year) by our calendar.
NeeCee1966 » March 3rd, 2017
NeeCee1966 » March 3rd, 2017
Any comments??? I just want to scream.....WHEN? lol
Cleitus » March 3rd, 2017
Cleitus » March 3rd, 2017
These guys are the "town criers" telling us of the impending news to come..., SOON!!! Get excited!
New System of CBI to Stabilize IQD Exchange Rate against U.S Dollar
31 mins ago by Iraq123 News Comments Off on New System of CBI to Stabilize IQD Exchange Rate against U.S Dollar
The Iraqi Central Bank has attributed the reasons behind the implementation of the new system adopted for the foreign currency selling procedures in order to manage and stabilize Iraqi dinar exchange rate against the U.S dollar. A statement issued by the Central Bank of Iraq indicated that the execution of new system in the foreign currency selling window operation in the CBI piloted to a significant amount of decline in the U.S dollar exchange rate against the Iraqi dinar currency.
The statement further indicated that the new system has eliminated the middlemen and hackers after changing the requirements & actions. It would provide transparency and simplification in the operation of foreign currency sale window. This new system will offer a new competition between participating banks in the foreign currency sales auction at CBI on the basis of agreement magnitude with the rules in order to fight against money laundering and terrorist financing.
The CBI statement also mentioned that success of the new system is linked to the cooperation of the Iraqi banks. The Iraqi banks also admired in getting additional steps to cover the legal demand of the U.S dollar in the country. The CBI targeted by the implementation of new system, new standards and rules in order to monitor transparency & clearness of the operations. The statement also said that CBI has indicated these specific steps were taken in the light of economic & financial challenges and security conditions. The successful recorded monetary policy had absorbed a number of major shocks in the country. The statement stressed the need to increase the oil prices and the termination of Daesh terrorist organization would reflect positive impact to support the financial situation in the country. It would provide a significant amount of relief to decrease the pressure on the monetary policy in order to provide greater stability for monetary policy of the country.
http://www.iraqidinar123.com/new-system-of-cbi-to-stabilize-iqd-exchange-rate-against-u-s-dollar/
New System of CBI to Stabilize IQD Exchange Rate against U.S Dollar
31 mins ago by Iraq123 News Comments Off on New System of CBI to Stabilize IQD Exchange Rate against U.S Dollar
The Iraqi Central Bank has attributed the reasons behind the implementation of the new system adopted for the foreign currency selling procedures in order to manage and stabilize Iraqi dinar exchange rate against the U.S dollar. A statement issued by the Central Bank of Iraq indicated that the execution of new system in the foreign currency selling window operation in the CBI piloted to a significant amount of decline in the U.S dollar exchange rate against the Iraqi dinar currency.
The statement further indicated that the new system has eliminated the middlemen and hackers after changing the requirements & actions. It would provide transparency and simplification in the operation of foreign currency sale window. This new system will offer a new competition between participating banks in the foreign currency sales auction at CBI on the basis of agreement magnitude with the rules in order to fight against money laundering and terrorist financing.
The CBI statement also mentioned that success of the new system is linked to the cooperation of the Iraqi banks. The Iraqi banks also admired in getting additional steps to cover the legal demand of the U.S dollar in the country. The CBI targeted by the implementation of new system, new standards and rules in order to monitor transparency & clearness of the operations. The statement also said that CBI has indicated these specific steps were taken in the light of economic & financial challenges and security conditions. The successful recorded monetary policy had absorbed a number of major shocks in the country. The statement stressed the need to increase the oil prices and the termination of Daesh terrorist organization would reflect positive impact to support the financial situation in the country. It would provide a significant amount of relief to decrease the pressure on the monetary policy in order to provide greater stability for monetary policy of the country.
http://www.iraqidinar123.com/new-system-of-cbi-to-stabilize-iqd-exchange-rate-against-u-s-dollar/