Post From Dinar Updates
Chat Room Excerpts & Highlights
Dinar Updates Tuesday Early AM Chat 11-1-16 Part 2 of 2
ol lar says():I like this
ol lar says():It is important that the Iraqi Central Bank assisted by experts from the “Council Federal reserve , ” the US central bank in the Iraqi monetary system , the development of the currency enjoys the trust of the exchange of high locally and internationally.
subgirl says to ol lar():I like Internationally :)
Ame9632557644 says():me too Subby
subgirl says to Ame9632557644():(y)
Ame9632557644 says():its coming !!
subgirl says to ol lar():yep I like that paragraph too!
subgirl says to Ame9632557644():yes, and it IS coming!!!! :)
subgirl says to ol lar():thanks for sharing! :)
ol lar says():YW
larrykn says to subgirl():I'll be more excited when they raise the rate :)
subgirl says to larrykn():lol me too lol
subgirl says to larrykn():but for now, I am excited cuz there is so much news!!!
subgirl says to larrykn():they are in a process of getting this done!
larrykn says to subgirl():yes they are moving into Mosul that a real good thing, I'm praying that gets done this month
subgirl says to larrykn():yes i think they will!!
subgirl says to larrykn():this month. look how fast they are moving now...
larrykn says to subgirl():I think this could happen this month, I didn't understand what the guys were talking about when they said this could happen before the first of the year but I'll go with it :)
subgirl says to larrykn():I think it could go anytime seriously anytime, but I am watching and reading and trying to understand all that is said in newstime... the guys bring us so much news!! it is AWESOME!!
subgirl says to larrykn():did you hear last Friday nights call?
larrykn says to subgirl():yes they do, I'm keeping an eye on it, its a blessing to have all those guy in here
larrykn says to subgirl():yes I ddi
subgirl says to larrykn():WOW! that was good, i am still hearing it alot...
larrykn says to subgirl():did
subgirl says to larrykn():yes it sure is a blessing! they do well to understand and explain it to us! :) we are very fortunate to have all the guys in our newstimes! :)
subgirl says to larrykn():Iraq is rebuilding and taking their country back from Isis..
larrykn says to subgirl():Iraqi monetary system enhanced the currency of a new dinar
Monday, October 31.2016 Mohammed Riad HamzaIt is unacceptable to keep the Iraqi dinar exchange rate against the US dollar and the currencies of industrialized capitalist countries and neighboring Arab countries is in the thousands. Valencod Iraqi dinar paper of the highest categories opens with four zeros paper … the fifty thousand to 250 dinars a minimum.
The reality of the dinar current trading segments of confusing disabled economic, commercial and service activities for all. For the Iraqi market , the level of the reality of the dinar in the evaluation of trade operations, and a single sentence, is far from accurate price, as well as in the evaluation of real estate , buying and selling and lease, and banking facilities, and any trading assesses currency.
Any deal large amounts of both ends need to fill categories of dinar bags for exchange between the seller and the buyer .oimkn see scenes of people carrying bags of dinar entrants to the banks or exchange houses or coming out of it.
And make sure that the reality of the Iraqi dinar and Dialh value segments purchasing a catalyst for the crimes of counterfeiting. In countries where equal their exchange rate with the Iraqi currency Mbtalat rigging the currency, and the counterfeit currency from the devastating effects on inter macroeconomic components of any State.
And the dinar Iraqi Rolling currently Bocefarh and Dialh value cashed important role in the rise of goods and services and rising inflation rates. As transactions in the wholesale exclude small – value segments of the dinar.
The addition of a few thousand dinars to deal Consumer goods , or long – lived, and circulation of marketing to another port and into the hands of consumers, the price of the commodity Tuwalia ballooning number of marketing outlets. The reason is Dialh purchasing power of the categories of small dinar that are excluded when evaluating the price of any commodity.
On 27 August 2015 published (unit of economic studies links for Research and Strategic Studies Center) in his position on the Internet an important article included a reference to “that the Iraqi government may resort to editing dinar any (floated) something that will not solve the financial problem in the country, but would have a disastrous impact on the Iraqi citizen first class. on the other hand, the flotation is the port for speculators in the market to
larrykn says to subgirl():carry out money laundering and manipulation auction currency within the central bank. float currency Floating means Leave a currency floating rising exchange rate and declining reverse proportion to the cases of demand and supply in the market. and taking into account the level of emancipation of the national economy,
and the adequacy of its performance, and flexibility of its production apparatus. It is the risk of this process as open the door to money laundering and diversion of corrupt money from the Iraqi dinar to currencies Free to smuggle them out. ” the
survival of the purchasing power of the Iraqi dinar is weak seesaw at home and abroad are not supported with rampant financial corruption, the dinar conversion into other currencies smuggled abroad cause higher inflation. As to keep large amounts of Iraqi dinar in the market means inflation liquidity which makes it easier out more foreign currency from the country. The
solution is not to delete zeros or dinar floated, but substituting new Iraqi dinars and to link the rate of exchange in US dollars.
Be issued any new Iraqi dinars equivalent to the dollar in the exchange rate of the dinar .oatkon per hundred fils and groups: one dinar, five dinars and ten dinars, and twenty dinars, and fifty dinars, and one hundred dinars.
Minting coins from fils and five fils, ten fils fils twenty, and fifty fils, and one hundred fils. Thereby ensuring the stability of the monetary system and the elimination of the imbalance in the current system , which has allowed widespread corruption.
larrykn says to subgirl():As has been the abolition of the currency of the former regime after 2003 and replacing rolling dinar now, the current cancellation over a period of time and bring new dinar.
It is important that the Iraqi Central Bank assisted by experts from the “Council Federal reserve , ” the US central bank in the Iraqi monetary system , the development of the currency enjoys the trust of the exchange of high locally and internationally.
Central banks play a major role in financial instruments control in all countries of the world, the most important tool in the hands of the Central Bank is the monetary policy, it is through an increase in cash flow (Liquidity) can stimulate the economy out of the state of economic crisis, or to help the economy grow by encouraging exports, reducing inflation
the currency peg of the Iraqi dinar in US dollars means installing currency dinar price of a fixed exchange rate (fixed exchange-rate) and much of the world this practice is based. There are 17 countries in the world have linked its currency to the US dollar. Including six Arab countries , namely Saudi Arabia, Jordan, Oman, the UAE, Bahrain and Qatar.
To link the Iraqi dinar to the dollar has several advantages the most important of the ease of exchange rate policy between the currency of the country and the rest of the world currencies all, where monetary authorities determine the rate specified for the disbursement of the dinar to the dollar,
through which the determined relationship management the rest of the dinar currency, goes up for these currencies with the rising dollar and decreases with Ankhvadh.mn other hand, the dollar peg helps relatively protect the national economy from inflation as
larrykn says to subgirl():well as help link in the case of oil -producing countries to stabilize their revenues in local currency when the devaluation of the dollar. Vpferd the stability of the oil price decline, the global value of the dollar does not lead to a decline in oil revenues of Iraq Dinars.
It will be issuing new Iraqi dinars a way to expose corruption as it requires replacement traded currency is the new currency. At that expose shelve those billions and billions of the current Iraqi dinar and act in the framework of the weak monetary system and politicized the farthest thing from transparency.
As can be the Iraqi Central Bank and commercial banks had placed before the deal could expose any abuses , money laundering and smuggling of the Popular currency abroad.
The main reason behind the dollar peg is to maintain stability and increased confidence to deal with, and maintain a fixed exchange rate of the dinar rate would eliminate the so – called parallel market vowels (black market). This reinforces the confidence of investors and the stability of the monetary system and to maintain the purchasing power of consumers with limited income.
larrykn says to subgirl():interesting article :)
subgirl says to larrykn():yes it is... :) thanks for sharing it..
subgirl says to larrykn():I think Ollar brot this in a bit ago and we talked about it a bit... Good article..
subgirl says to larrykn():talking about the lower denoms...
larrykn says():yes , I like them talking about it all the time now :)
subgirl says to larrykn():I think they will more and more...
subgirl says to larrykn():they keep talking about stability, do you see that?
larrykn says():yes, that is what they have to have, that is why I see this happening after they take Mosul back
subgirl says to larrykn():Oh I see..
subgirl says to larrykn():its like a puzzle I heard from the newstime... and each piece fits together to make the picture...
larrykn says():which doesn't look that far off :)
subgirl says to larrykn():no it does not..
larrykn says():I forgot who it was talking about they need Mosul back because of the banks , an they need to tak them back, why?? those banks have been closed for 2 years an the dinar in them are long gone, once they take Mosul back they will just rebuild them an put them back in service,
subgirl says to larrykn():hmm... that is interesting.
subgirl says to larrykn():we all want to see Mosul back with the citizens for sure and the country rebuilt for sure!!!
subgirl says to larrykn():Basra is going to be HUGE! IMO and I am excited to watch it grow!
larrykn says():yes Basra will be a big bread winner for Iraq for sure