Frank asks a question tonight: See Video Below:
Cole: 2nd one IMO... (answering your question on the end of your video) they have already lifted the 3 zeroes and that WAS lifting of article 8
7-FA: I agree
PappaJ: DITTO 7-FA!!!! PATTERN IS THAT THEY LOVE TO DO THINGS ON THE 7TH AND SHOW ON 8TH! WHAT BETTER SQUIRREL THAN THE US ELECTION AND IT'S SURROUNDING DRAMA'S- GREAT ONE TODAY!!!!
I WOULD LOVE TO DO ANALYSIS ON THE ELECTION AND HOW IT IS PLAYING OUT INTERFACING WORLD EVENTS OF COURSE ALL IMO!!! PJ
Frank26 Video 10-28-16
Dk22ems: I think they have been maintaining the 2% margin and my guess is that probably doesn't mean much to the person in the street. However, the lifting of the three zero's means much more to everyone, hence the need for "confidentailality". IMO:)
Stephen: I agree also because I feel that the street currency vendors do not control the monetary value, the market demand does. Who cares if there is a 20 percent spread between cbi and the street as the citizens will know where to exchange for better value. Once the market is on par with the value of the dinar, the street vendors will no longer exist as there isnt a demand anymore.
So, I think its more probable that the 3 zeros were dropped from the .00086 which is why it was so confidential. Dropping those zeroes will wipe out the street currency vendors. My theory would be backed up if I could see present day pictures of currency vendors on the street gone.
The hardest part about critical thinking is that we need to stop and think.....sometimes that hurts.
Stevep99: IMO... I am thinking the IR will show itself because of Delta's comment of being on Red Alert along with the IMF statement of Git er done by or before Nov 1... also believe the starter rate will be 1 to 1..
Strongcbm: I believe the second ... for Iraq too do things with a purpose to complete things... why raise the rate without article 8...
Cole: Yes... and maybe also... because they wouldn't keep it "very confidential" the lifting of the 3 zeroes is very sensitive to Iraq IMO... it's.... personal... for lack of better words...
Think about it... why cover up so much under Mosul for something insignificant... they do not want us to know hence very confidential. This is for the citizens of Iraq... let me put it like this IMO... it's like on a first date... the woman/man asks you how much money is in your bank account?
This is the response you can expect to get... "who do you think you are? This is our first date and you're asking how much is in my accounts? This is our first date"
THIS IS IRAQS FIRST DATE WITH BEING FULLY INTERNATIONAL... let them be for a few days. Let their country bask in its pride for a few days... IMO... let them open up... to the world... all IMO... maybe not the best analogy, but ya'll get it!!!! Lol
EHankins: IMO HOW CAN YOU DETERMINE THE 2% COMPLIANCE WITHOUT KNOWING THE INITIAL EXCHANGE RATE? I BELIEVE THE OOO's HAVE BEEN LIFTED DUE TO THE "CONFIDENCE" ISSUE OF THE POSTS FROM DELTA. IF DELTAS'S POST OF THE THREE POWERFUL ARTICLES IS AND WAS AN OFFICIAL ANNOUNCEMENT FROM THE CBI AND KNOWING THAT IS WAS ..... THAT IS A GOOD REASON TO CONSIDER THE 000's HAVE INDEED BEEN LIFTED PUTTING THEM IN ARTICLE 8. WHY HIDE THE 2% CONFIDENTIALLY IN AN OPEN PUBLIC..... NEWS SOURCE?
Aggiedad77: I'm of the opinion that perhaps "both".....the 2% between the street rate and CBI rate.....as well as....the lifting of the 000's......why couldn't it be both.....just thinking outloud here.....think on it a while.
**Don961: Because he said Mali and national par excellence ... calculates the central bank's ability to maintain the dinar's exchange rate against the dollar
October 25, 2016
No one disagrees on the fact that the CBI is said Mali, a national privilege and ancient history which stretches since (1947) has provided him with the expertise accumulated over this history and the financial policy pursued in the forefront of maintaining monetary stability and preventing inflation and the implementation of monetary policy , including the exchange rates and the State Administration of foreign exchange reserves and the issuance and management of the local currency of any of the Iraqi dinar and regulate the banking sector to promote a competitive and stable system in accordance with the Iraqi banking laws and the way it is in the month of December (2006)
Total central bank has grown to $ 33 trillion Iraqi dinars . and calculates the central bank explicitly ability to maintain the Iraqi dinar exchange rate against the US dollar or other foreign currencies and this has remained the Iraqi dinar strong and stable and the dollar rose about the dinar it slightly higher and then return to normal .. I gather a lot of experts in the field finance and economy that the central bank 's policy and good administration are the secret of success in his work and we can only say blessed the efforts being made in order to keep our economy strong financial and policy steady and non-financial vibrations and it is justice and fairness that is indicated for each effort in this are
Walkingstick said (Post #140) BR............. CBI News and announcements
Disadvantaged companies from entering the sale of foreign currency window
Walkingstick: The central bank denied three private banking company and 99 banks from entering sell the currency window
It decided to CBI, on Wednesday, depriving the three and 99 private banking company from entering the window banks sell the currency, while the reasons attributed to the violation of the laws and regulations of the bank for the purchase and sale of foreign currency.
A source at the bank in an interview with (long-Presse) that "the Iraqi Central Bank decided today, deprived of three private banks and 99 banking company from entering sell the currency window," noting that "deprive these companies and banks comes due to the violation of the laws and regulations of the Central Bank for the purchase of and sale of foreign currency. "
The source, who asked not to be named, said: "The three banks are, the regional Islamic Cooperation, and Melli Iran, Barcan," pointing out that "the banking companies that have been starved in a number of provinces, including Baghdad, Nineveh, Anbar and Kirkuk and Karbala."
The Central Bank of Iraq counted on Monday, (29 August 2016), the foreign currency sale "window and a means to ensure stability," the dinar exchange rate to meet the Iraqi economy requirements, while assuring "a greater role" for government banks to buy and sell the dollar and the development and verification sources of funds used for the purchase of hard currency.
The Central Bank of Iraq was established independently as a bank under a law issued on the sixth of March 2004, as an independent body, which is responsible for maintaining price stability and the implementation of monetary policy, including exchange rate policies being sessions a day for buying and selling currencies. Link
WaymakersKid: A source in the central bank said yesterday that the recent lifting of the price of the Iraqi dinar against the US dollar to coincide with the victories of our security forces and is moving towards liberalization City Almousel.oukal source in a press statement singled out by all the news that the central bank decided to raise the value of the Iraqi dinar against the US dollar by financial mechanisms fall in its policies for indicating that these mechanisms are subject to the principle of supply and demand in the domestic market.
The source , who preferred not to be named , said the Iraqi dinar will see over the next few days , a significant rise in price against the US dollar.
Dollar is deteriorating in front of the dinar Alaraca..bdharbat national blow
CBI succeeded in raising the value of the Iraqi dinar against the US dollar at a critical time Iraq is going through and circumstance and the Iraqi economy under the cover of a fierce war waged by the Iraqi army valiant and security services and the factions of the crowd the popular Bible 's central bank has succeeded Iraqi in raising the value of the Iraqi dinar exchange rate against the US dollar in recent days ,
economic and political sources Informed reported us ...... that the Iraqi dinar exchange rate gradually improve over the next few days and that the US dollar will deteriorate a lot and recover the exchange rate of the Iraqi dinar after the economic scientific plan developed by organizers of the Central Bank of Iraq and new policy pursued by the Central Bank in collaboration with the benevolent and loving and loyal sons of Iraq from the Liberal him we have got to talk to some officials at the Central Bank of Iraq and the owners of some private banks who looks like it a federal power with the central bank in this matter .....
it was agreed to support the Iraqi dinar and the full force of them contribute to the recovery dinar against the dollar , particularly as we are fighting a holy war with the mightiest evil forces in the world and fight terrorism in many parts of Iraq ,
if it is good news for all Iraqis that the value of the national currency exchange rate of the Iraqi dinar will recover gradually in the next few days , a blessing commend organizers by step and applied by the thought the Iraqi people and the critical economic situation through which the country. Link