Morning News Comments 02/25/2015
Central Bank starts the application of the new system of remittances and sell currency
[tlm724] central bank, announced on Wednesday, to start applying the new system of remittances and sell the currency.
[tlm724] "the bank began on Wednesday, the application of the new system of remittances and sell the currency
[tlm724] theres the announcement of the new system
[tlm724] and denied stopped selling the dollar operations
[tlm724] thats right they will still use the dollars for remittances as Shredd explained in his chat. I read another article that said the CBI will issue money orders now. Read here for remittances explaination : http://www.bondladyscorner.com/t116348-bondlady-and-admins-chat-cbi-auction-02-21-2015
[tlm724] with a commitment to the requirements of the Anti-Money Laundering Act and the Financing of Terrorism Central decided to new instructions issued in this regard.
[tlm724] they have to follow the guidelines set by the IMF and they have issued the instructions !
[tlm724] on the decision to stop the bank daily currency auction as a means Cancel selling by remittances, and cash sales will continue, explaining that he came to curb money laundering and smuggling of currency
[tlm724] they have to go by the law to get the currency, no more shady deals , the CBI is making it hard on the smugglers, counterfeiters, terrorist etc..
Central Bank starts the application of a new system of couriers ((diff source))
[tlm724] this system does not mean that the bank will depend on the dollar in cash for the sale of banks and banking companies,
[tlm724] but will continue to sell in accordance with the new mechanism."
[tlm724] that is what you call control
[tlm724] no more my brother is a MP so I am allowed to buy 10 million at the auction and then give it to some dude on the corner to buy wepons or whatever
[tlm724] strict control, about time too
Reform Movement: The government completed most of the program and there is hampering their work
[tlm724] confirmed that the Government of Prime Minister Haider al-Abadi completed most of the paragraphs of its government.
[tlm724] warned of the presence of trying to "disrupt" the work of the government,
[tlm724] gee wonder who that is
[tlm724] many of the laws and legislation awaiting inclusion in the work of the House of Representatives agenda to be discussed and voted upon
Economist: stop the currency auction will reflect negatively on the Iraqi dinar
[tlm724] stop the currency auction will reflect negatively on the Iraqi dinar
[tlm724] calling on the central bank to "inject large amounts of dollar to control the price and create a balance in the local market."
[tlm724] we call on the CBI to inject the LD's ! *mission* lol
[tlm724] that the "rise of the dollar against the Iraqi dinar was the result of a lack of daily supply of the dollar in the market and as a result of a bank to stop pumping the currency.
Economists warn of the lack of control over the private banks after the cancellation of the central bank auction
[tlm724] I can't believe these economist's, surely they must see the writing on the wall, the CBI had to do this as part of the reform !
[tlm724] they need to tightly controlled its operations, especially the private banks that have not practiced banking properly
[tlm724] thats because the private banks were allowed to run rough shot ! Those days are over !
[tlm724] they need to get over it
The federal government paid 250 billion dinars to the Kurdistan region for the salaries of its staff
[RSP1] As part of the oil agreement obligations !!
[tlm724] yep kurds aren't going anywhere ! They stayed through all of Maliki's crap and now they have a PM who is a man of action so nope kurds are in for the long haul !