TLAR: I think this article is very telling. Shabibi was accused of creating the conditions that led to the sale of more USD while collecting trillions of dinar. Turkri appears to be doing the same thing while denying it.. He is stating in this article that "he is only supplying the needs of the market.
Central Bank denies the existence of factors help to increase demand for the dollar in the market
Denied the central bank governor and Abdul Basit Turki Agency agents that help to increase demand for the dollar in the Iraqi market and thus raise prices locally.
Turki said that "the central bank provides any amount required within the markets, and that, of course, specific targeting a price ceiling and added that the bank controls the movement of the currency and prevent smuggling."
"The dollar is officially 1166 and the bank sells the added commission only 13 dinars for the banks, which in turn provided by controls at 1189 Iraqi dinars." LINK
Read More Link On Right
TLAR CONTINUES: The CBI is responsible and controls the amount of USD that is sold at auction. Turkri has control and if they wanted to they could change this trend to buy USD. The definition today of "supplying the needs of the market", means selling USD to anyone requesting it I guess.
It looks like the CBI, under Turkri, is again following in the footsteps of Shabibi and is using the auctions to collect dinar. I expected that the sales of USD under Maliki's bank would be curtailed . This was supposedly their biggest complaint against Shabibi.
It is beginning to look like the only thing to have changed with the CBI is ownership.
WEDREAM: "The dollar is officially 1166 and the bank sells the added commission only 13 dinars for the banks, which in turn provided by controls at 1189 Iraqi dinars." i hope cbi adds better than reporters do 1166+13 = 1179
SCALP: Word on the street is that this guys abacus was broken......Treat as rumour please as I am not 100% privy to all the information and I cant divulge too much as I will break the rv again. Please don't spread to other boards, this is sensitive information and should remain only on this board.
Pls, I dont want loads of PM's and emails asking me for more information about this, I can not say any more than I already have. PERIOD NUFF SAID, The landing gear is not down, I say again, the landing gear is not down.......I will say however, that the landin gear is trying its best, it's a little stiff but with some lube it should come down perfectly very soon.......you can take that to the bank!