Comments may be made on the entire post at the end of Part 3 - Thank You
Post From Dinar Updates By Rudie
millionday] ok here we go -- this is what is exciting me smile
[millionday] The objectives of monetary policy to achieve economic growth and stability and reduce the unemployment rate, and the stability of prices of goods and services, as well as the stability of exchange rates, and improve the balance of payments position and achieved these goals by following the monetary policy tools of direct and indirect.
That's what started talking competent affairs banking Samir Nasiri said: Achieving the goals of monetary policy is through regulations issued by the Central Bank of Iraq during the past years and finally it was released in colloquial 2012 and 2013.
[millionday] note – finally love it and there is more -- oh honey
[ROBINREDHED] LOVE IT
Read More Link On Right
[millionday] note -- please read this portion very carefully smile x so many
[millionday] replacement cash and draw Alnasiri to the importance of maintaining the balance of the cash market and work to strengthen the Iraqi dinar exchange rate,
which represents the external value of the dinar, as well as face the phenomenon of substitution of cash and the required availability of a tight monetary policy a two-way or across the two signals powerful are the exchange rate and interest rates,
noting that he ordered enhances the mechanical moving cash to influence the balance of the cash market and then the stability of real activity that requires lifting the external value of the Iraqi dinar in a manner commensurate with the real exchange rate to contain inflationary expectations,
adjusting interest rates, Central Bank of Iraq in a manner gives financial market strong signals for changes proportionate and desirable with the evolution of the time structure of interest rates
[CoolSpot] improving the balance of payments position is a biggie!!
[Richard Incrocci] Lifting external value - very nice
[racing4him] could you decode this for me? I'm confused
[millionday] note --- the external and reality rate is what we want to see and means the actual rate that we are waiting on -- they are stating the exchange rate and the interest rates of course effect one another but oh boy
[millionday] the external value they are talking about lifting means :::::::::::::::::::::::::::::setting the actual exchange rate it should be
[millionday] there is more
[En4cr] very nice
[millionday] whoo hooo
[Richard Incrocci] Wooo Hooo...bring it on
[festool] We dont want in counrty rate we need out of country rate
[Florida Country Girl] Whoop whoop
[millionday] , And pointed out that the basic functions Central Bank of Iraq is to build a cash reserve foreigner in order to promote and cover the Iraqi dinar exchange rate and the creation of economic stability, which is one of the indicators of the success of the application of monetary policy.
rate balanced He continued, saying that the current structure for the stability of exchange rates has been granted an opportunity for the Iraqi economy to rebuild and growth,
the Although prices have not stabilized completely, due in part to the lack of stability and the nature of the conditions experienced by the country, where managed policy adopted by the central to maintaining the rate balanced the Iraqi dinar is 1233 dinars as at 31/12/2012 and is 1200 dinars in August / 2013. Within this context
[millionday] this is talking about last year but read this next part – smile x many
[millionday] look >>>>>>>>>>>>>>>> Within this context, he has the CBI in the collection of reserves at a high level of foreign exchange, the shares have installed the exchange rate of Iraqi dinar against the US dollar,
and is an order appropriate and required at the current stage where the foreign exchange reserves up to 76 billion dollars, and must be noted the role played by the private banking sector in achieving this stability due to implementation of the policy of the Centr
ROBINREDHED] OK? BUT
[larrykn] so they have the reserves built up already
[racing4him] didnt they say this before?
[millionday] note -- they are now addressing the exchange rates outside of the country
[purecountry] "he ordered enhances the mechanical moving cash to influence the balance of the cash market and then the stability of real activity that requires lifting the external value of the Iraqi dinar"
Isnt that the order to get the lower denoms in the banks to get ready for RV? mechanical moving would be physical or am I mistaken
[ROBINREDHED] and is an order appropriate and required at the current stage where the foreign exchange reserves up
[millionday] they are now addressing what the world finance is going to see instead of -- the pricing changes in the country and the redenomination which many get confused
[CoolSpot] The applied import tariffs and other import duties and taxes will help protect their manufacturing industry and encourage investment, as well as improve their balance of payments position.
[anasdesign] Oh yea!!!
[millionday] so they are talking about reality rate lets look at the rest
[millionday] purecountry no not wrong -- that is all steps to enter the data and the physical things needing done --(mechanisms) to change the external rates to all the other countries -- including us
[millionday] CoolSpot great point hun there is more
[h-spot] millionday don't mean to get off my hands, but do you see this AND the cbi anomaly in relation to each other?
[ROBINREDHED] h-spot GOOD QUESTION
[millionday] i am hoping with all of my everything that it is smile here is the rest coming up
[tourman] h-spot whoop
[millionday] i will comment at the end yw all the time hun
[kmiller68] yeah maybe make sense of it for us dummies
[millionday] pressure of aggregate demand, pointing to the need to curb inflation and the state of rootedness in the phenomenon inflationary Eshrha inflation mainly caused by the pressure of aggregate demand,
which led to the disruption of the money market in terms of the public's desire to retain cash balances over the supply of such assets.
This reflects an increase in the speed of money circulation and an increase in inflationary expectations at a time, as it has become the latest source of continuing phenomenon inflationary so it was a goal of reducing hyperinflation of the main objectives of monetary policy
*[ROBINREDHED] OK, WE WILL HOLD COMMENTS UNTIL THE END, THX MD
[millionday] note -- they have planned to make adjustments to make sure the inflation is effected in that adjustment when the rates are set as we knew from when shabibi was in and around
[hstrymknwmn] goal of reducing hyperinflation of the main objective of monetary policy!!!!
[millionday] dollarization phenomenon and face the phenomenon of dollarization said Alnasiri: become money represents without doubt confounded, is good value in light of real interest rates negative made individuals inclined to hold foreign currency as a store alternative to value through the spread of the phenomenon of substitution of cash (dollarization) any use of foreign currency in domestic transactions so was the face of this phenomenon,
its positive impact as one of the goals of monetary policy. currency management Lama In a detailed reform the management of currency between the Iraqi Central Bank adopts a system of
[clay] remember shabs doing that
[millionday] management of the currency of any transformation of a small amount of currency chasing a large amount of the price of services which reflect the stage of stability, growth and prosperity,
and on this basis, the proposed project to delete the zeros from the Iraqi dinar fired from considerations of good management of the monetary system and the transformation of the mass of cash flaccid to block easy monetary circulation or creativity.
[millionday] whooooppow i almost busted wanting to bring this so what they are saying is this
[MsDiva] whoop whoop
[millionday] they are going to activate the monetary policy and what that means is an
[mimi3] ok all that said mean what?
[anasdesign] Woohoo happy dance
[clay] millionday y r they letting currency investors know this publicly or is it for the people
[millionday] adjustment of the inflation rate -- raise in all exchange rates --- a transfer of dinar to the dollar and as in oil and then to the foreign currency deal appropriate -- and the proposed project of removing the zeros
[millionday] i have to say if we dont do a big whooop whooop -- we must be numb wow
[tourman] whoooooooooop whoooooooooooop
[millionday] whooop whoooop
[tbell] whooopppp whooooppppp!!!!!!!!!!
[clay] wow is right
[Royal] wow sounds good , how long to wait
[horizon0000] Whoop Whoop!!
[tbell] whooopppp whooooppppp!!!!!!!!!! whooopppp whooooppppp!!!!!!!!!!
[tbell] whooopppp whooooppppp!!!!!!!!!! whooopppp whooooppppp!!!!!!!!!!
[millionday] yowsa yowsa baby
[Richard Incrocci] Whoooooop whoooooop
[monique13] whoop whoop!!! are they talking NOW????
[larrykn] so when is this going to happen
[millionday] good grief this is so exciting
[ROBINREDHED] SOOO GREATTTTTTT
[dinarforme] Whoop whoop
[MsDiva] whoop whoop whoop whoop whoop
[Florida Country Girl] WHEN
[jPlants] Spent some time looking for the isx but can not find anything about opening today anything on it
[kmiller68] larrykn my thoughts exactly
[Dash] wooooooooooo hoooooooooooooooooooooo
[risk] millionday are these articles from the CBI or the GOI or economists?
[Fishheads] sounds great but when?
[kmiller68] please don't say soon
[Richard Incrocci] MD....timing of these events set take place?
[peppermint] whoop whoop
[mimi3] Royal Royal Royal Royal that is the question! we can whooop whooop till the cows come home but if it does not rv then what
[clay] peppermint peppermint peppermint