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BGG Newstime Monday, August 29, 2016 Part 2 of 2
7shelia says():What was the news Holly1 brought in? Been away form my computer all day.
MrsBGG says(7:54 PM): Holly1 says to BGG(9:19 AM):The value of the Iraqi dinar from another perspective and angle seconds
Did you know that the value of the Iraqi dinar and it is related to the value of a global dollar rose , in fact, despite a drop in the value of the dinar locally
Iraqi dinar is linked to the US dollar , and because the dollar value rose after the economic crisis in 2008 .
Oil, gold and currencies all fell against the dollar since that date ,
to clarify 2008 2016
Holly1 says to BGG(9:20 AM):
Euro 1965 Euro 1435 dinars dinars
Alپaond 2560 dinars 1680 dinars Alپaond
Turkish Turkish 840 dinars 435 dinars
The weight of the weight of the gold 21 gold 21
325.000 240.000 dinars dinars
Brent oil barrel Brent
175,000 dinars 63.000 dinars
Holly1 says to BGG(9:21 AM): Note that this does not imply endorsement of the performance of the Iraqi economy does not mean the absence of an economic crisis
if the numbers did not appear regularly Fmugodh clearly in one comments
Holly1 says to BGG(9:21 AM):Hussain Fadhel al-Badri Haji Wallis better to peg to a basket of currencies instead of the dollar peg to protect the national economy from fluctuations in world prices
Holly1 says to BGG(9:22 AM):Abeche today Dollar Iraqi Dinar Yes, undoubtedly the best currency basket and that's what I did Kuwait after decoding dinar-dollar linkage
Holly1 says to BGG(9:22 AM):Hussain Fadhel al-Badri I think that Iraq is a professor of the security situation and the presence of the Americans is an obstacle for the government to follow the example of Kuwait, gives extra strength and stability of the Iraqi dinar
Holly1 says to BGG(9:23 AM):smile)
subgirl says to Holly1(9:23 AM):thank you holly! WOW!
Holly1 says to BGG(9:23 AM):We AhmedHow to lose Iraq in return for a link?
Holly1 says to BGG(9:24 AM):Abeche today Dollar Iraqi Dinar Iraq is losing a lot not because of the peg to the dollar, but because of the construction of a real economy based on industry, agriculture, investment and tourism Wu
Holly1 says to BGG(9:24 AM):Iraqi Iraqi Tamimi Lech Mancul that these are descended from the currency value against the dollar from the euro to the gold and not in front of the Iraqi dinar
mfree05 says():Hi BGG, Regarding the 100 K note; If Iraq is currently facing serious liquidity issues in various parts of the banking sector (it was reported in news, not long ago that some banks could not make loans due to low liquidity) , if so, why would they need to reduce the note count farther? Or is low liquidity a region specific type thing?
BGG says to mfree05():I'm not sure that is what is going on there...
MrsBGG says(7:58 PM): Holly1 says to BGG(9:26 AM):Abeche today Dollar Iraqi Dinar This talk is not my brother , economist scientific Danark today 's global value better than before because of the strong linkage to the dollar globally if the deterioration of the dollar to hit the dinar
Holly1 says to BGG(9:27 AM):Abu Ahmed, the Iraqi So the obvious rise in the value of the Iraqi dinar is not because it is linked to the Iraqi economy and prosperity or not, but rather the result of the close link to the US dollar
Holly1 says to BGG(9:28 AM):Moaed Rosa Iraqi dinar against the Jordanian weak half with regret knowing Jordan is a poor reason
Holly1 says to BGG(9:28 AM):Abeche today Dollar Iraqi Dinar Currency unrelated to the value of the economy strongly Jordan stable country security, political and powered externally has the industry was not bad and has a cultivation emits and has investments and tourism , and more importantly, where Lech corruption
Holly1 says to BGG(9:29 AM):Mohammed al-Musawi Hjnh dear Henw expectations today for sales of central bank
Holly1 says to BGG(9:29 AM):Abeche today Dollar Iraqi Dinar I expect 20 million cash
MrsBGG says(): Holly1 says to BGG(9:31 AM):Ali Abdul Zahra Ali Nahel The words are very logical, "Well done.
Holly1 says to BGG(9:31 AM):Harith Alani Haji mercy to destroy Sholvina on the value of the dinar since the founding of the Iraqi state and so far, and how he was and how he became
Holly1 says to BGG(9:32 AM):Anmar T. Al-Hussien It is better to peg to a basket of currencies to prevent bumps experienced by the dollar sometimes
Holly1 says to BGG(9:33 AM):Mukdad Mukdadna Well done .. and may God make thee .. Praise God good. Pretty statistical and very helpful ... Even the central bank to Aehtm for such a table. Perhaps such tables and studies '' dead '' on the shelves and in the central drawers. I went net.
Holly1 says to BGG(9:33 AM): Ahmed Nassir High value of the dinar against other currencies does not mean anything useful .. because the cost to maintain the dinar's rate against the dollar is high in light of the decrease came from the country's dollar.
BGG says to mfree05(): I have always held - that there are two distinct factions - always at odds with one another - this maybe one of those times.
MrsBGG says(): Holly1 says to BGG(9:34 AM):Saif Alhak Haji course truckloads Mmnonin you and thank you very much for your trouble , and I want Ahof do you think I am the subject of a chance to see a realistic solution and radical Iraqi economy a float of the Iraqi dinar and the privatization of the state and leaving socialism. Thank you for your efforts again.
Holly1 says to BGG(9:34 AM):Abdulamer Shimran Haji God bless you suitable finance minister
Holly1 says to BGG():Shahba Al-Khalidi Well done Publishing
Holly1 says to BGG):THEY KNOW SOMETHING WE DONT ... BUT THATS IT FOR COMMENTS AT THE MOMENT ... WANTED TO SHARE AND TY.. FOR YOUR TIME
BGG says to mfree05():within the CBI - that is...
BGG says():Let's bring MadDScout in here... you noted there is a lot of anit-Maliki angst in the news today... care to expand on that for us??
MadDScout says():Well there was a funny document that was a charge for Maliki's car for 197million dinar
There was a guy who came out with a tell all book and Maliki from 98 2003 and then some
BGG says():That seemed a little high... go on...
MadDScout says():Sorry I am slow but I don't have these in front of me so I am pulling on memory
The jist of comments to the car thing was
It was repair due to needing protection in a motorcade
now if you factor in that a high end security car may run a couple bucks it doesn't seem a big deal (maybe)
But with immunity now being pulled left and right from these govt people due to being investigated he only need steal a box of pencils to lose immunity
If they follow the line they have established that is what one report called a "red line"
To see if Jabouri will rescue maliki or bring him to account
This is just a couple of the things I have seen over the past couple of days
That tell all book may get its owner a new address (just talkin out loud)
BGG says():How about the bit about the international investigators being hot on his trail?
MadDScout says():My point was with them being there and all this "just falling out" while they are there will test whether money talks and how far
wickedwitch1 says():Any comments on amnesty releasing some of Saddam Hussein's people and will that have an effect on the stability there?
MadDScout says to wickedwitch1():It is being discussed I am watching also to see how it will be handled.
MadDScout says to wickedwitch1():I would think, depending on what numbers they may be talking, the security apparatus is coming up to world standards. they may try, but there are a lot of new security not available in Saddams day
BGG says():I - personally - think this is another ploy from the Shia side of the fence... pouting about having to let all these REALLY PISSED OFF Sunnis out of jail. Some have been in prison for 2 or 3 years with no "due process" whatsoever.
BGG says():for instance - many CBI emplyees Maliki threw in jail when he cleaned out the Shabibi crew... those people are still in jail (with the exception of Saleh)...
Maliki made the comment - he would let them ROT IN PRISON before he let them out...those people are set to get out.
this last little whiny session is just more of those jerks trying to obstruct what should have happened long ago...
here's an interesting headline down that same path..
Reports: Secret negotiations conducted by the United Nations to resolve the Justice and Accountability Act
I will have that whole article on THE BLOG a little later on tonite...
JETSET says():never mind... was going to basically ask what BGG stated about the purpose of amnesty more of a comment than a quesiton but not needed now
BGG says to JETSET():Well - go ahead. Please.
JETSET says():if i am following the convo correctly, the questions about who is released from prison would have been resolved in the law. they will enforce the law and that will take care of itself.
that was what some of the wrangling was about... different factions didn't want certain people released and others wanted certain groups to be released.
BGG says to JETSET():All correct - a lot is up in the air right now.
MadDScout says():It is odd Maliki didn't like the amnesty and said "it was changed behind closed doors"
jeffjane says to MadDScout():LOL
BGG says to MadDScout():of course he didn't like it - he doesn't like anything... his part is obstructionist. Slow everything down.
MadDScout says to BGG():I remembered the other report was the "flashback" of the Shabibi report About M's corruption
JETSET says():didn't like it because now all of his political prisoners will be released and they can reveal all the dirt that they have on him...
Drewsters Millions says():Central Bank: Window sell the currency and the way to ensure the stability of the exchange rate and apply for loans electronically. What is your comment/view on this headline today?
MadDScout says to Drewsters Millions():They are keeping the exchange rate stable by cutting out third party sales of the dollar Vendors My 2 cents
kalis says():ok i going to ask .. How long do you think they need before the change the value of dinar . what is back wall not dates just months even year .lol
BGG says to JETSET():Which is, I'm sure, why he put them there - in the first place.
BGG says to kalis():Won't do it... someone did that earlier and got everyone all pissy.
no thanks... they are moving FAST... things look good.
BGG says():OK - with that - we'll wrap this thing up. Thanks for tuning in. Hope it helped.
tune in for tomorrow nite and our guys doing both a News Time AND an AFTER CALL!!
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