Iko Ward ...."Hi guys, I Just want to point out that last night we have seen the best rate ever on Dinar, and this morning at 6:47 AM, way before they usually poll and revert to 1166, they pulled that trigger a full 20 minutes before letting out the rest of the numbers for the day. "
Iko Ward: .."Who did that benefit? For those of you using your knower, those in the know now know the Dinar's in play.
If you had a billion Dinar last night and were first to trade you made $93,000,000.00 . Hello....."
GreatlyBlessed: CBI Govenor: All Banks Must Return to Pre-Sanctions Position (Iran)
CBI governor: All banks must return to pre-sanctions position
Tehran, Oct 4, IRNA – Governor of the Central Bank of Iran (CBI) underlined the need for preparation of the conditions for the implementation of the Joint Comprehensive Plan of Action (JCPA), saying all the activities of the banks should rapidly return to the pre-sanctions conditions.
Addressing a group of managing directors of banks, Valiollah Seif noted that the banks of the country should get ready for presence in international arenas.
Stating that the Swiss banks are ready to activate the old accounts even prior to the implementation of the JCPOA, he said all the obstacles on the way of activation should be identified and removed and the banks should help each other so that better results will be achieved.
Underlining the importance of the role of control and conformation unit, Seif noted that establishment of the unit will result in transparency in the performance of the banks and for this reason it should enter into the structure of the banks as movement in ambiguity and darkness is highly dangerous.
Also speaking at the session, CBI Foreign Exchange Deputy Gholamali Kamyab said one of the most important issue that JCPOA refers to is that branches of the Iranian banks which come out of the list of sanctions can resume their activities in other countries.
Therefore, he added, establishment of control and conformation unit in the host countries is one of the most vital and important principle for the implementation of domestic and international regulations, anti-money laundering standards, financing terrorism and other professional standards.
He proposed formation of a committee by the banks to investigate dimensions of JCPOA so that through holding constant sessions, the banks could follow up relevant issues which will lead to the better and coordinated implementation.
LennyBruce54: Thank you for posting. Please pardon my ignorance but is this only regarding the Iranian currency? If so how does it relate to the Iraqi dinar?
TnDr: There is a school of thought that Iran cannot RV before Iraq. So, when we see news of their economy being brought up to meet global standards it is good news for Dinar holders.....not definite of course but logical on several levels.
FUZE: I'm one who prescribes to that school of thought Tndr. There is a lot of hype out there about the Iran sanctions being removed October 18th. What we must all remember is the Iraq sanctions were removed by the same governments and institutions starting two years ago. Although there are some factual differences in Iraq and Iran, we should not make the mistake again of thinking sanction removal automatically means reinstatement the next day. Besides, will the west be ok with Iraq sitting there in it's current situation and Iran in the cat bird seat? I don't think so! That's why I stated in an earlier article imo Iran is a forcing function for Iraq...
TnDr: Video, managing the impact of wealth (AbbotDowning)
Q: [Abadis new batch of reforms will be the curtain call for Maliki!]
BGG Could be...I agree - this will be an interesting week. I was about to say it may be one of the most exciting Dinar news weeks we've had in a long time.
BGG ...it has been a tidal wave of news the last 48 hours... my take - Abadi very much appears to be swinging a much bigger stick after coming home from New York.
I haven't figured out why (yet)... but it sure looks like he has a new base of support. by all appearances - Abadi was not in high gear (for some reason) - but looks like he is now.
EXOGEN: Urgent Abadi: Preparation of a new system of salaries and allowances and will be discussed in the cabinet soon
Mahdi Keywords representative of Prime Minister Haider al-Abadi said in the activities of the National Integrity Week on Monday that he was preparing a new system of salaries and allowances and will be discussed in the Council of Ministers Gariba..itba
EXOGEN: Kurdistan Alliance: delay payment of salaries of employees of the Kurdistan caused by non-payment of financial dues
And babysit BAGHDAD - A member of the Kurdistan Alliance and a member of the parliamentary finance committee Ahmed meat, the Kurdistan government unable to pay salaries of employees, due to non-payment of the federal government, including the expected benefits.
And between the meat in a statement to the news agency public opinion (and babysit), said on Monday that "the federal government began to sell oil since June, has been unable to obtain liquidity and revenue is sufficient and thus led to the inability to pay dues imposed on them, and not to the vicissitudes of the Kurdistan salaries for three months, "pointing out that" the exchange employees' salaries linked to the rise in oil prices and access to sufficient "g / h revenue
KTFA Site is still Down with Technical Difficulties, but tonights CC should be at this Number…We will post notes and a replay link as soon as we get them:
KTFA Monday Night Conference Call
The first part is Business Promo and the second part is Dinar/Iraq Intel
PLAYBACK # : 641.715.3639 PIN: 156996#