Carolyn: Frank, You said months ago that Dr. S wanted to talk soon
I think this whole thing about a new Govener of CBI is to put our Dr S back at the front and center as the authority.
(Not the man M made him out to be) so he can have the honor of raising the rate deleting the Z and making his country happy and proud……
What do you think ? Carolyn
Frank26: It is good to have You on our side of logic Friend. KTFA Frank
Walkingstick » June 13th, 2015, 9:35 pm Who controls the dollar prices ?!
Author: Yasser incumbent
Are attempts and measures succeed in stabilizing the exchange rates of the dollar and that controls determine exchange rates ?! This is what will answer him this conversation with one of the friends.
Tell me Iraqi businessman resident between Erbil and Turkey met him in his office in Arbil during a short visit to Kurdistan last week - about the reasons for the fluctuation dollar exchange rates against the dinar and the controlling force in identified, is supposed to play a theory supply and demand their role is recognized but identified gaps was able to control.
I go my friend Mr. Jaafar as the situation which recently acquired from the truncated 8 percent from the Deposit tax and Alcomerk had exploited by cashiers contributed to a deepening crisis upward, as well as a decrease in the supply of foreign exchange by Central Bank which set the budget law to paragraph 50 of them, which was the first spark for the rise of the progressive.
And the impact of this pre-deduction in advance of the value of remittances, he said: simple calculation, the deduction of 8 percent means for Asravien that the price set for the category of $ 100, which is equivalent in 1192 will equal the equivalent of of $ 92 and a difference of 8 percent added to the price, which led to a steady increase exchange rate, this price manipulation led to increasing trade price.
Note that the deduction teams clinch share of the citizen, this culture devoted to the Abavien, otherwise what's the difference between a tax deduction and Alcomerk at incoming goods What are deducted from pre same percentage.
attempts and measures taken by private banks to sell the fifty dollar price of 1193 dinars to support and enhance the action of the Central Bank of Iraq to stabilize the exchange rates, and the calls and appeals to banking companies to support these measures without Mujibur! What do you mean by this phenomenon then?
The answer is simply that the strength of banking companies are in control of the money market despite the fact that all they have does not constitute a tenth of thousandth of what is owned by Bank of currency reserves, and this requires a review of decisions and the creation of bumpers for the control of cash in the market and expected his subsequent hikes for many reasons.
eight central bank recently issued new instructions stipulate that responsibility for the provision of securities and cash foreign for remittance of foreign currency, and this is contrary to the principle of the free movement of money and the implications on foreign investment, which deals in all of the obligations, we believe here Bdharoh re considering such a procedure because it will increase the pace of ascent.
[xyz] Texas Gold Bill Becomes Law, State to Remove $1B Worth of Bullion From New York
G T: Mali: official arrival of 508 billion dinars from Baghdad to the Kurdish region for May
2015/6/12 17:51 [Baghdad-where]
Finance official in the Kurdistan region announced the arrival of the amount of money sent by the federal government, the region as a share of the financial budget for the month of May, the central bank in the region.
The head of the Central Bank of Kurdistan, Adham Horshij, states in a press, he said that "the amount of money sent by the Baghdad region as a share of the federal financial budget for the month of May of $ 508 billion dinars, arrived Friday afternoon to the Central Bank."
The parliamentary Finance Committee, announced on the sixth of June, and the determination of the federal government to send more than 500 billion dinars, to the Kurdistan region for the salaries of its employees for the month of May.
The committee member said Sarhan Ahmad, for [where], that he "was supposed to be the region's share for the month, 900 billion dinars, However, given the economic crisis in the country, and the State's need for additional funds for the sustainability of the fight against terrorism and decides to send about half of it. "
The Federal Government had sent to the Government of the Territory at the end of the month of January 2015, an amount of 250 billion dinars, and in February posted 460 billion, and in the ninth of April, sent 527 billion dinars.
The Government of the Territory and the federal government have signed an agreement providing for the export of the region 550 000 barrels per day of oil province of Kirkuk and to calculate the SOMO, for sending the Kurdistan Regional Government's share of the federal budget, amounting to 17%.
The Oil Ministry announced yesterday that the province was not up to the agreed-upon quantities of its oil exports amounting to 550 000 barrels per day, where she said in an official statement that "the Kurdistan region of peace, since the beginning of this year to last May from the quantities of oil reached 288 thousand and 305 Thousands of barrels daily average. "
The Ministry of Oil that "oil rates received for the month of April amounted to 504 990 barrels per day," indicating that "oil rates received for the month of May amounted to 398 thousand and 402 barrels per day" https://translate.google.com/translate?act=url&depth=8&hl=en&ie=UTF8&nv=1&prev=_t&rurl=translate.google.com&sl=auto&tl=en&u=http://www.alliraqnews.com/modules/news/article.php%3Fstoryid%3D6762
SparkyOne: Greek Banks Can’t Pull Out Capital From Macedonia
June 12, 2015 — 6:28 AM PDT Updated on June 12, 2015 — 8:14 AM PDT
by Gordana FilipovicBoris Cern
Dimitar Bogov, governor of Macedonia's central bank, speaks during an interview. Photographer: Oliver Bunic/Bloomberg
“Where there’s a will there’s a way, but the will has to come from all sides,” Merkel said in a speech to family-business leaders in Berlin. “That is why I think it’s right that we talk to each other again and again.”
Greek banks fell 11.8 percent in Athens. Greek bank stocks have lost about 55 percent since the previous government of Antonis Samaras began to unravel in December. The Athens Stock Exchange Index posted its biggest decline in four months, dropping 6 percent.
Battle lines were drawn on Thursday night at a working dinner of EU finance officials that set out the parameters of a likely showdown next week when their bosses meet in Luxembourg.
Greece was given less than 24 hours to come up with firm proposals to end the impasse, two officials present said. That would allow officials to review the plan over the weekend with a view to sealing a staff-level agreement by Tuesday, the officials said.
“If the Greek government isn’t willing to take difficult measures, even if they’re unpopular, then Greece will never be saved,” Dutch Finance Minister Jeroen Dijsselbloem, who leads the euro-area finance chiefs’ meetings, told reporters in The Hague on Friday. “We’ve repeatedly explained to the Greeks how little time there still is.”
Finance ministers from the bloc meet in Luxembourg on June 18. Because some national parliaments need to ratify the agreement before funds can be disbursed, that’s the last chance for Greece to secure aid before the bailout expires at the end of the month, Tusk said on Thursday.
With the Greek representative telling the group he had no authority to negotiate and he couldn’t promise to meet that deadline, euro nations are also preparing to contain the fallout from a Greek default, the officials said.
“There is no more time for gambling,” Tusk told reporters in Brussels on Thursday. “The day is coming, I am afraid, that someone says the game is over.”
Greece is ready to speed up talks as its creditors have demanded and is aiming to reach an agreement in the next few days, government spokesman Gabriel Sakellaridis said in an e-mail on Thursday as Finance Minister Yanis Varoufakis pushed back against Tusk’s criticism.
“Contrary to stubborn rumors, we never gambled,” Varoufakis said on Twitter.
Merkel is facing growing skepticism from her own party’s lawmakers and the German public about giving more money to Greece. In a survey of 1,230 voters conducted this week for broadcaster ZDF, 70 percent of respondents opposed making any further concessions to Greece and 51 percent said they wanted see Greece leave the euro. In a similar poll at the start of the year, 55 percent wanted Greece to stay.
“It’s important for the Greek government to not just communicate what they don’t want to do but to come up with alternative, credible proposals of what they want to do,” Commission Vice President Valdis Dombrovskis said in Madrid on Thursday.