Millionday News 6/20/15 Part 2 of 2
Welcome to dinarupdates.com for News Time with Millionday!!
Millionday: NOW THIS IS VERY INTERESTING
Millionday: DONT MISS A WORD
Millionday: The governor of the Iraqi Central Bank on the Keywords, on Friday, that there are attempts to weaken the Iraqi dinar, noting that the Iraq Central Bank seven shields vulnerable Iraqi currency.
Millionday: Keywords and he said in a statement received by the agency / information / copy of it "proved the facts of the past few days that attempts to weaken the Iraqi dinar and the attempts of speculators fool hard facts have been unsuccessful and will develop to fail at any time,"
stressing that "the power of the dinar back to the reasons for which is that there are seven facts constitute a shield bunker local to our currency.
Millionday: NOTE -- SEVEN TRIES HAVE BEEN MADE TO DETER SPECULATORS ON THE DINAR TO TRY TO WEAKEN THE IMPRESSION OF THE DINAR -- BUT THEY ARE FAILED ATTEMPTS ACCORDING TO THIS
Millionday: NOTE -- VERY INTERESTING TO SAY THE LEAST
Millionday: "The first truth is that the foreign currency reserves, which is twice the size of the Iraqi dinar in the market, providing a cover to respond to any request, and the arrival of inflation to less than 2%."
Millionday: Keywords also said that "there is a progressive increase in oil production and prices, and there is a reduction in government spending on consumer level dramatically, as well as indicators and facts which confirm the defeat of terrorism in the near future."
Millionday: He Keywords that "there are almost daily coordination between monetary and fiscal policy for the first time, as well as the existence of direct support from the International Monetary Fund and the World Bank and the Islamic Development Bank to overcome the oil price shock"
Millionday: HMMM -- THINGS THAT MAKE YOU GO HMMM -- VERY INTERESTING
tsm: It sure doesn't seem that the CBI and GOI are working together on a RV
Millionday: IT SEEMS TO ME THAT THEY ARE STARTING TO SHOW THE NEED FOR THEM TO WORK TOGETHER AND ARE STARTING TO BE MORE TRANSPARENT THEN WE HAVE SEEN BEFORE -- SO HOPE IT CONTINUES
puffdragon: The emergency meeting BGG spoke of the other day was to be sunday (tomorrow) and to have Abadi finance ministers in front of parliament questing Alak on the delays of CBI monetary reforms.
puffdragon: If my memory serves me !
puffdragon: Sounds like here Alak is trying to save his hind qtrs JMO
Millionday: ABSOLUTELY CORRECT
Millionday: TOMORROW IS THE ECONOMIC EMERGENCY MEETING
billionaire: The articles are out now are conflicting. First the GOI needs to keep their nose out of the CBI's affairs and they are the cause of crisis and then there is daily coordination between the two and everything is peachy keen. lol
At any rate, my question is, did you see or go over the article where the CBI instructs the banks to pay customers deposits in dollars? If so, what are your thoughts as to why they would do this?
Millionday: THE EXPLANATION THAT THEY GAVE WAS FOR TRAVEL DURING HOLIDAY –
MY PERSONAL OPINION IS TO GAIN AS MUCH DEMAND FOR THE DINAR AS POSSIBLE THROUGH ECONOMIC SUPPLY TOOLS -- -- WE HAVE BEEN HERE THROUGH RAMADAN –
THINGS ARE VERY DIFFERENT THIS YEAR WITH THE POLICIES AND ALSO WITH THE REPORT ON TRYING TO DETER DINAR SPECULATORS ? -- IT IS VERY HARD TO KNOW THE EXACT REASONING –
HOWEVER ---THE POINT MADE NOT LONG AGO WAS THAT EVEN THOUGH CBI IS INDEPENDENT -- THE GOV POLICIES HAVE TO COMPLIMENT THEM TO ALLOW SUCCESS IN BUSINESS/INVESTMENT AND A HEALTHY ECONOMY -- THAT MADE SENSE TO ME
maine: what was the result of abadis press conference this am?
Millionday: I BROUGHT SOME OF WHAT I HAVE FOUND -- THE MOST IMPORTANT IN MY POINT OF VIEW WAS THE TRANSPARENCY REQUEST -- I WILL SEE IF I HAVE ANYMORE ON IT THOUGH
Millionday: HUGE NEWS -- TOOK A SEC TO LOAD
Millionday: Center Brief for the Iraqi Media Network (IMN) - Prime Minister for Economic Affairs adviser said the appearance of Mohammed Saleh, said that the financial credit rating of a government delegation which held talks about it in Turkey this week will announce next month its nature .
Millionday: NOTE -- THIS COMING MONTH IRAQ IS EXPECTED TO ANNOUNCE THEIR CREDIT RATING -- WHOOOPOW
Millionday: He said Saleh's (IMN) , that "the negotiations held between the Iraqi delegation and between Fitch and Rhodes delegation of international credit rating in Turkey this week will announce its findings in July next", noting that "countries will be her decision in rated credit financially granting Iraq ".
Saleh and predicted that "Iraq gets a good financial credit rating given the economic possibilities enjoyed by the country," adding that "halving the financial credit is a country's ability to pay its debts without lag or slowdown."
Millionday: LOVE IT --- THIS IS FANTASTIC NEWS FOR INTERNATIONAL BANKING -- MARKET AND INVESTORS --
Millionday: He added that "the government delegation assured the bargaining for the safety of the Iraqi economy."
Held Tuesday consultations session between the Iraqi delegation headed by the Minister of Finance Hochearzibara and between Fitch and Rhodes international credit rating within a bid for the Iraqi government to get more financial support and access to international capital markets and the issuance of sovereign bonds Iraqi government spokesman .
Millionday: SO THIS IS FOR ACCESS TO>>>>>>>>>>INTERNATIONAL CAPITAL MARKETS –
MEANING THE GLOBAL SALE OF THEIR CAPITAL/CURRENCY AND THE ISSUANCE OF BONDS ON THE MARKET AMONG THE OTHER MANY IMPACTS CREDIT RATINGS HAVE OR DO NOT HAVE IMPACTING FOR A COUNTRY --
larrykn: how can they have a cr rating without a value in their currency?
Millionday: SMILE >>>>"Iraq gets a good financial credit rating given the economic possibilities enjoyed by the country,"
Millionday: SMILE -- WISH WE HAD IT LIKE THAT LOL
Millionday: MUST HAVE A PLAN THAT LOOKS GOOD AND SHOWS THE ABILITY TO PAY THEIR DEBT WITHOUT SLOW DOWN OR LAGGING -- SO NOT BAD AT ALL IMO
Millionday: WHOOOPOW GREAT NEWS
Millionday: ITS THE END OF JUNE MY FRIENDS
Millionday: SO THE NEWS ROCKS
Millionday: TIME FOR AN OLD FASHION WHOOPOW IF YOU ASK ME