MONDAY CC will define this but for now You can have fun with it FAMILY ............
All in Your Opinion.
If You were able to LISTEN to the last two CC's then this makes sense.
We give no Rate ............. Nor Date ............... Whereas these are DAYS.
Uniden: IMO 25 -INSIDE IRAQ
26- OUTSIDE IRAQ.
WAIT 7 DAYS TO ADJUST,
THEN 4 TO 10 ADJUST TO 1-1 INSIDE
THEN TO US .. IMO UNIDEN
Imariep: TOTALLY - IMO (Thinking out loud)
Nov/Fri 25 ......... Inside
25TH THE BUDGET RELEASED INSIDE IRAQ
Nov/Sat 26 ........ Outside
WE WILL SEE DETAILS OF THE BUDGET (OUTSIDE /INTERNATIONALLY) ON THE 26TH
Nov/Sun 27 to Dec/Sat 3 .......... XXX
RELEASE A CHANGE IN THE RATE TO SATISFY THE IMF
Dec Sun 4 to 10 .............. 7 inside.
RATE ONLY AVAILABLE TO IRAQ CITIZENS FOR ONE WEEK
THEN AN INTERNATIONAL RATE FOR ALL
Jay: IMO...I CONCUR..I was thinkin the same thing...lol...Me likey.
Vipor: Maybe the "7" is in reference to the IMF Mtg on the 7th.
Imariep: Maybe.... but 4th - 10th is 7 days or maybe it means between 4 and 10pm on Sunday the international rate will be released..
Seven: Your opinion makes sense. IMO, I have always felt that if Iraq changed their rate to 1 IQD to 1 USD that the CBI would only do it for a short time (i.e. 15, 30 or 45 days) to get the citizens to bring in their remaining circulated IQD and USD to the banks.
They would be required to set up accounts, deposit their USD and IQD (with the 3 zero's) and receive a small amount of the Lower Denomination IQD notes for use.
After that short period, the rate would change to the reality rate that is showing in the budget. It's possible that the rate changes to 1 USD to 1 IQD in December and January 1, 2017 begins with the reality rate in the budget.
A country budgeting a year would most likely prefer to keep their currency rate within a very small variance but I could be wrong, especially if they add an amendment to their budget.
DLR: THIS HAS TO BE SOMETHING ELSE HAPPENING..........................BECAUSE FRANK GIVES NO DATES......................WE NEED TO THINK OUTSIDE OF THE BOX ON THIS
Meathead: Maybe he gives dates because he got something he's never had before.
Don961: Trump continues a positive impact on the dollar
Ali Abdul Salman 22 20/11/2016
The dollar will pass near the highest level since April 2003 against a basket of currencies, its biggest increase in two weeks ago, in March 2015 with an increase bets dealers on a huge dose of fiscal stimulus under the Republican presidency of Donald Trump United States.
The dollar also received support from rising expectations that raises the Fed (US central bank) interest rates next month, with the presence of signs of rising inflation and improve economic growth.
The US currency jumped 7.3 percent against the yen in two weeks, the biggest rise since January 1988 and the second strongest performance of the dollar in the era of free exchange rates.
The dollar index scored its highest level since early April 2003 at 101.48 before it gives up some of its gains to hit 101.25, up 0.4 percent on the day.
He did not give the Federal Reserve President Janet Yellen explicitly that the Board will increase interest rates in the Monetary Policy Committee meeting of the Bank on 13 and December 14, but informed the committee in Congress that is likely to raise interest rates "relatively soon."
The euro was the lowest level in 11 months at $ 1.0567 and reached the latest price of $ 1.0595, down 0.3 percent.
The Chinese yuan fell to its lowest level in eight months at 6.9850 yuan to one dollar.
Samson: Lloyd's to open branches in Iran
The Lloyd Sun Nov 20, 2016 8:35AM
The Lloyd's of London insurance market says it is negotiating with to open branches in the country’s free trade zones.
The Lloyd's of London insurance market has announced plans to launch offices in Iran – a move that could help the country’s efforts to open its economy to post-sanctions investments.
Inga Beale, the CEO of the world's leading specialty insurer, was quoted by Iran’s domestic media as saying that Lloyd's of London would establish branches in Iran’s free trade zones.
To the same effect, two Lloyd's directors will soon travel to Tehran to discuss the technicalities for this, Beale was quoted as saying by Iran’s state news agency IRNA. She made the remarks in a meeting with Abdolnasser Hemmati, the head of Iran’s Central Insurance Company, during a visit to London on Friday.
Beale further added that Lloyd's syndicates are interested in returning to the Iranian market. She further stressed that it is important for Iran to remove the problems that obstruct the transfer of money in the insurance industry.
Hemmati, for his part, said the presence of insurance giants like Lloyd’s in Iran is important for the country.
Following the removal of sanctions against Iran in January, indications appeared to show that global insurers were looking into the prospects of penetrating into a market whose worth is estimated to be around $7.4 billion in premiums.
According, European majors including Allianz, Zurich Insurance, Hannover Re and RSA were the first to announce that they would evaluate potential opportunities in the country specifically in its marine, aviation, power generation and energy sectors.
Nevertheless, the only companies that have already taken steps to create a foothold in Iran’s insurance industry have been Germany's Hermes, Italy’s SACE, and France's Coface. They have all recently signed agreements to guarantee a certain trade activity with the Islamic Republic, Reuters in October.
Samson: Luxury train arrives in Iran on maiden journey from Russia
The Sun Nov 20, 2016 10:42AM
The 'Golden Eagle' luxurious train carrying 40 international tourists has arrived in Iran’s northern city of Mashhad in a maiden trip that started in Russia.
Iran says the luxurious train called the Golden Eagle Trans-Siberian Express has arrived in its northeastern city of Mashhad.
The train which is carrying some 40 international tourists started its journey from Moscow and has already passed through Kazakhstan, Uzbekistan and Turkmenistan.
The tourists are from the UK, the US, Australia, South Africa, France, Taiwan, China and Hong Kong, Russia’s Sputnik news agency earlier reported.
The train is expected in Tehran on 27 November where it will stay for two nights. It will later return to Mashhad and then to Turkmenistan and further on its way back to unwind its 18-day tour.
The main route of the Trans-Siberian Express – which is equipped with a 4 to 5 star hotel service - was always through Russia, the Trans-Siberian route, as well as the Silk Road through Central Asia. It represents the first train from Russia to arrive in Iran in decades. The Trans-Siberian Express had to change the cars and truck wheels, so they fit the Iranian track which has a different gauge of railways than that of Russia.
Tim Littler, the president of Britain’s Golden Eagle Luxury Trains Limited that operates the railway cruise to Iran, had earlier told Sputnik news agency that the luxurious cruise is not a one-time trip. “This is a real active project that will have a permanent schedule of tours,” Littler had said.
“The luxury train from Moscow to the Persian Odyssey will run on a continuous basis. They will go twice a year. In Iran, the best time to go is in spring and autumn. At other times of the year, it is virtually impossible to conduct tours, as it is either very hot or cold. Therefore, we will travel in October and November and in March and April.”
The Golden Eagle Luxury Trains had already conducted three rail trips to Iran from Europe