Aggidad77 » March 3rd, 2017
Can you say UUUUGGGGGEEEEEE......more of the same noise we have been hearing and seeing.....oh how sweet the sound.....bring on the BEST....it be coming....how many ways and times can they say it. Aloha Randy
Bondservant888 » March 3rd, 2017
Bondservant888 » March 3rd, 2017
WOW WS! close to the "level of equilibrium - sounds like close to 1:1 to me.
Jazzy » March 3rd, 2017
Jazzy » March 3rd, 2017
WOW... looks like purchasing power for the Iraqis!!!
Walkingstick » March 3rd, 2017
A significant decline in the dollar's exchange rate against the dinar
Central applied a new system to take foreign currency sale
BAGHDAD / Mustafa Hashimi
witnessing the markets these days , a decline in the dollar 's exchange rate against thedinar after it reached record levels during the past two years due to determine the year 'sbudget law of 2015 the central bank to sell the amount of dollars less than about one -third of the demand has led the high price of the dollar until the last of the month ofFebruary , which began experiencing significant declines week.
Economic academic Imad Rashid sees the need for a guarantee to be of the same coin value of close economic and acceptable in the official and free markets.
Rashid pointed out in his speech for the "morning" to be re - dinar exchange in the market price to the previous rates coincided with the intervention of the Central Bank of the enforcement of the monetary policy of devaluation of the dollar with the organization of the offer him tools, explaining that these actions of would achieve a balance in demand purchase of foreign currency.
The central bank said the decline in the US dollar exchange rate of the dinar in the local markets, came after the new system applied to window selling foreign currency, confirming its intention to take additional measures to reach the target price.
Rashid said coordination between the central bank and private banks , and added a significant role in maintaining the stability of the foreign currency exchange rate against the local, calling for greater between the two rates convergence (official market) by restoring control in the exchange rate represented the government supervises through the adoption of a deliberate mechanisms by the Central .
He pointed out that the stability of the currency exchange rates to protect against market risk volatility between decline or sudden and rapid rise in turn affect the general inflation rate.
Under Maishdh country, the intervention policy to adjust the exchange rate towards the achievement of stability helps to report the exchange rate equals the supply and demand for foreign currency, explaining the need to install the official exchange rate close to the level of equilibrium which would put maximum ranges and minimum exchange rate and be allowed to fluctuate between those limits and therefore reflected the stability of the markets.
The central bank said in a statement that " the implementation of the new system applied to a window sale of foreign currency led to a marked decline in the exchange rate of the dollar against the Iraqi dinar , " noting that " the new system removed the middlemen and hackers by changing requirements and actions toward simplification and transparency in selling foreign currency window operations, as the new system of window competition between banks believe on the basis of the extent of compliance with the rules to combat money laundering and terrorist financing. "
The bank added that " the success of the new system are encouraged to take additional measures that the legitimate demand for the dollar up to the target price by applying programs and new standards and rules to achieve a clear and transparent cover those operations."
The bank noted that "control over the exchange rates in light of the challenges of economic, financial and security situations are recorded monetary policy success in absorbing large shocks to Iraq , " stressing that " the improvement in oil prices and the elimination of the " Daesh "terrorist will be Mata significant impact in supporting the situation financial of the country, thus relieving the pressure on monetary policy and to allow them the opportunity to achieve greater monetary stability to this country. "
The local market has seen a marked decline in the dollar against the Iraqi dinar and by five thousand dinars to the category of $ 100.
http://www.alsabaah.iq/ArticleShow.aspx?ID=132827
Aggiedad77 » March 3rd, 2017
Central applied a new system to take foreign currency sale
BAGHDAD / Mustafa Hashimi
witnessing the markets these days , a decline in the dollar 's exchange rate against thedinar after it reached record levels during the past two years due to determine the year 'sbudget law of 2015 the central bank to sell the amount of dollars less than about one -third of the demand has led the high price of the dollar until the last of the month ofFebruary , which began experiencing significant declines week.
Economic academic Imad Rashid sees the need for a guarantee to be of the same coin value of close economic and acceptable in the official and free markets.
Rashid pointed out in his speech for the "morning" to be re - dinar exchange in the market price to the previous rates coincided with the intervention of the Central Bank of the enforcement of the monetary policy of devaluation of the dollar with the organization of the offer him tools, explaining that these actions of would achieve a balance in demand purchase of foreign currency.
The central bank said the decline in the US dollar exchange rate of the dinar in the local markets, came after the new system applied to window selling foreign currency, confirming its intention to take additional measures to reach the target price.
Rashid said coordination between the central bank and private banks , and added a significant role in maintaining the stability of the foreign currency exchange rate against the local, calling for greater between the two rates convergence (official market) by restoring control in the exchange rate represented the government supervises through the adoption of a deliberate mechanisms by the Central .
He pointed out that the stability of the currency exchange rates to protect against market risk volatility between decline or sudden and rapid rise in turn affect the general inflation rate.
Under Maishdh country, the intervention policy to adjust the exchange rate towards the achievement of stability helps to report the exchange rate equals the supply and demand for foreign currency, explaining the need to install the official exchange rate close to the level of equilibrium which would put maximum ranges and minimum exchange rate and be allowed to fluctuate between those limits and therefore reflected the stability of the markets.
The central bank said in a statement that " the implementation of the new system applied to a window sale of foreign currency led to a marked decline in the exchange rate of the dollar against the Iraqi dinar , " noting that " the new system removed the middlemen and hackers by changing requirements and actions toward simplification and transparency in selling foreign currency window operations, as the new system of window competition between banks believe on the basis of the extent of compliance with the rules to combat money laundering and terrorist financing. "
The bank added that " the success of the new system are encouraged to take additional measures that the legitimate demand for the dollar up to the target price by applying programs and new standards and rules to achieve a clear and transparent cover those operations."
The bank noted that "control over the exchange rates in light of the challenges of economic, financial and security situations are recorded monetary policy success in absorbing large shocks to Iraq , " stressing that " the improvement in oil prices and the elimination of the " Daesh "terrorist will be Mata significant impact in supporting the situation financial of the country, thus relieving the pressure on monetary policy and to allow them the opportunity to achieve greater monetary stability to this country. "
The local market has seen a marked decline in the dollar against the Iraqi dinar and by five thousand dinars to the category of $ 100.
http://www.alsabaah.iq/ArticleShow.aspx?ID=132827
Aggiedad77 » March 3rd, 2017
Maybe it's just me Family but I'm thinking for a Friday that is an Iraqi holy day, we've seen a fair share of good news today as well as good moves on their part, especially with regard to Mosul and the progress being made there.....plans of actions.....actions put into play.....we are moving forward...I think we've seen further confirmation of their intent post Mosul....post DAASH....in the right direction.....the BEST is coming. Aloha Randy
GFulcher66 » March 3rd, 2017
GFulcher66 » March 3rd, 2017
I have a gut feeling about next week... Its the 3 rd mo, tues 7th Mnuchin making announcement, I bet Mosul is announced, all the positive press in the lame stream about Iraq. Come on 3-7-17 RV. 8th new beginnings! All the debt ceiling, derivative payment, Feds raising int rates taking place mid march, and all the currency changes the 3 musketeers have stated coming in march...
MilitiaMan » March 3rd, 2017
MilitiaMan » March 3rd, 2017
What we have here below that Frank has been speaking about to us in CC and Final Articles, when broke out is very compelling information that suggests we have nothing to worry about..
We have witnessed all day relatively productive good news on Mosul, etc.. They are telling us that Daesh has no will to fight left, no money, no supply lines and it sounds like that goes for not only in Mosul, but, Al Raqqah in Syria as well. I am not sure that "raqqa" is a concern or not. Our teacher says adamantly it is not in his opinion going to be part of a delay.
Iraq says the Iraq Dinar is still safe despite the on goings in country and is expected to return to it's former glory while in the next breathe get National Reconciliation completed too, post Daesh.
Note that they also speak of discontinuing the MCPs, as they will no longer need to use the USD for local transactions. They are telling us they are going to be using what appears to be previous rates. Let that sink in. Previous rates! Former Glory? See the pattern there.. SNAP! lol
They go on to tell us they are going to use and intervention policy to adjust the exchange rate. That speaks loudly of a Orbiting Float. Which tells me they are going to intervene in the currency market when and if necessary.
They want to at least bring it in at or within an equilibrium for to create a level of stability for the IQD.. Very positive information in my book.. Nothing to worry about! ~ MM
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"Yes … you will get Raqqa! Please understand Raqqa and Mosul are one … they are NOT separated operations. That airport was VERY important. Why is Raqqa important? Will this delay the monetary reform? IMO … NO!!! I am very adamant about that family!"~ Frank26
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"the Iraqi dinar is still safe despite the decrease in the reserve, is expected to return to its former glory after the end of the war on Daesh" #25
"The draft is now under consideration and discussions which Thoudy UN support, but in the event was a consensus on them, after the liberation of Mosul and Daesh expelled permanently from Iraq, will go officially as a document (national reconciliation) in Iraq." #26
"He appealed to the former deputy governor of the Central Bank of Osama Ibrahim Chalabi, the current governor of the Central Bank on the Keywords revitalization of the domestic market of the Iraqi currency after the liberation of the left coast of the city of Mosul." #29
"The government is expected to return to the project itself after the end of military operations. If the monetary reform is successful, there will no longer need to use the US dollar in local transactions. " #30
"That we're interested in all of this is what are (the vision for economic reform after liberation and the expulsion of terrorism Nhayaa) in terms of coordination between the two policies, monetary and financial" #31
"And Izzat Ibrahim, the reasons for the postponement of the project to the security situation and the unwillingness of the relevant authorities to apply at the moment, but denied knowing in advance of starting the project." #32
WS#281 03/03/2017 4:04 pm
"Rashid pointed out in his speech for the "morning" to be re - dinar exchange in the market price to the previous rates coincided with the intervention of the Central Bank of the enforcement of the monetary policy of devaluation of the dollar with the organization of the offer him tools, explaining that these actions of would achieve a balance in demand purchase of foreign currency."
"Under Maishdh country, the intervention policy to adjust the exchange rate towards the achievement of stability helps to report the exchange rate equals the supply and demand for foreign currency, explaining the need to install the official exchange rate close to the level of equilibrium which would put maximum ranges and minimum exchange rate and be allowed to fluctuate between those limits and therefore reflected the stability of the markets."
Iggy » March 3rd, 2017
We have witnessed all day relatively productive good news on Mosul, etc.. They are telling us that Daesh has no will to fight left, no money, no supply lines and it sounds like that goes for not only in Mosul, but, Al Raqqah in Syria as well. I am not sure that "raqqa" is a concern or not. Our teacher says adamantly it is not in his opinion going to be part of a delay.
Iraq says the Iraq Dinar is still safe despite the on goings in country and is expected to return to it's former glory while in the next breathe get National Reconciliation completed too, post Daesh.
Note that they also speak of discontinuing the MCPs, as they will no longer need to use the USD for local transactions. They are telling us they are going to be using what appears to be previous rates. Let that sink in. Previous rates! Former Glory? See the pattern there.. SNAP! lol
They go on to tell us they are going to use and intervention policy to adjust the exchange rate. That speaks loudly of a Orbiting Float. Which tells me they are going to intervene in the currency market when and if necessary.
They want to at least bring it in at or within an equilibrium for to create a level of stability for the IQD.. Very positive information in my book.. Nothing to worry about! ~ MM
---------------------------------------------------------------------------------------------------------------------------------
"Yes … you will get Raqqa! Please understand Raqqa and Mosul are one … they are NOT separated operations. That airport was VERY important. Why is Raqqa important? Will this delay the monetary reform? IMO … NO!!! I am very adamant about that family!"~ Frank26
----------------------------------------------------------------------------------------------------------------------------------
"the Iraqi dinar is still safe despite the decrease in the reserve, is expected to return to its former glory after the end of the war on Daesh" #25
"The draft is now under consideration and discussions which Thoudy UN support, but in the event was a consensus on them, after the liberation of Mosul and Daesh expelled permanently from Iraq, will go officially as a document (national reconciliation) in Iraq." #26
"He appealed to the former deputy governor of the Central Bank of Osama Ibrahim Chalabi, the current governor of the Central Bank on the Keywords revitalization of the domestic market of the Iraqi currency after the liberation of the left coast of the city of Mosul." #29
"The government is expected to return to the project itself after the end of military operations. If the monetary reform is successful, there will no longer need to use the US dollar in local transactions. " #30
"That we're interested in all of this is what are (the vision for economic reform after liberation and the expulsion of terrorism Nhayaa) in terms of coordination between the two policies, monetary and financial" #31
"And Izzat Ibrahim, the reasons for the postponement of the project to the security situation and the unwillingness of the relevant authorities to apply at the moment, but denied knowing in advance of starting the project." #32
WS#281 03/03/2017 4:04 pm
"Rashid pointed out in his speech for the "morning" to be re - dinar exchange in the market price to the previous rates coincided with the intervention of the Central Bank of the enforcement of the monetary policy of devaluation of the dollar with the organization of the offer him tools, explaining that these actions of would achieve a balance in demand purchase of foreign currency."
"Under Maishdh country, the intervention policy to adjust the exchange rate towards the achievement of stability helps to report the exchange rate equals the supply and demand for foreign currency, explaining the need to install the official exchange rate close to the level of equilibrium which would put maximum ranges and minimum exchange rate and be allowed to fluctuate between those limits and therefore reflected the stability of the markets."
Iggy » March 3rd, 2017
A man goes into a pet shop and sees a beautiful parrot with a red string tied to its left leg and a green string tied to its right leg. "What are those strings for?", he asks the store owner. "This is a highly trained creature," the owner explains. "If you pull the red string, he speaks Spanish and if you pull the green string he speaks French.""What happens if you pull both strings at the same time?" the man asks. "I fall off my perch, you idiot!" squawks the parrot.
Iggy » March 3rd, 2017
Iggy » March 3rd, 2017
A man rushes into drugstore and asks the pharmacist for something guaranteed to stop hiccups. The pharmacist slowly poured a glass of water and when it was full he picked it up, suddenly screamed at the top of his lungs, and threw the water into the man's face. "Why did you do that?" the man yelled angrily. "Well you don't have hiccups now do you?" replied the pharmacist. "NO!" shouted the man. "But my wife in the car still does!"