Millionday Tuesday Night News 12/29/15
Welcome to dinarupdates.com for News Time with Millionday!!
Millionday: THIS POST IS GOING TO BE A LITTLE DIFFERENT THAN I HAVE EVER DONE -- YOU COULD QUESTION ME FOR MANY MOONS ABOUT IT SO
Millionday: I WOULD LIKE YOUR COMMENT AFTER THE POST
Millionday: READ EVERY WORD
Millionday: >>>>>>>>ANNOUNCEMENT FROM CBI<<<<<<<<<<<<<<<<<
Millionday: To / brokering the sale and purchase of foreign currencies all companies (postponement uncles) 12/28/2015
To / all licensed banks and money transfer companies approved all and the financial investment companies approved all and brokering the sale and purchase of foreign currencies approved all companies (foreign exchange rate) 12/28/2015
Millionday: MY COMMENT >>>>>>>>>>>>WHOOOPOW
Millionday: FORMAL CBI ANNOUNCEMENT
Holly1: whats that mean Please
Millionday: IMO IT MEANS THAT THE REGULATIONS HAVE BEEN ACTIVATED AND ONLY MONEY EXCHANGERS AND BANKS CAN EXCHANGE CURRENCY -- THE NOTICE IS TO ALL THAT HAVE BEEN LICENSED
Nadita: Do you have more info (body) to this article? the way I interpret the article is that Iraq is open for currency exchange internationally.
Nadita: is that what you think too, MD...???
Millionday: THE ISX IS ON VACATION UNTIL THE 3RD OF JANUARY
Millionday: I WILL PULL THE WHOLE PDF IF POSSIBLE
Nadita: ISX is stock exchange like our Wall Street... this is currency exchange i.e. money changers and banks are open for business
Dinar Investor: To me this sounds like they only approved the sale and purchase of foreign currencies and their exchange rate not dinar. Clarification please? Little confused honestly on this one. Don't they already exchange currency like the dollar during the currency auction? Am I off base here?
Millionday: WITHIN IRAQ THE ONLY NATIONAL CURRENCY IS THE DINAR SO ANY EXCHANGE WILL BE TO THE DINAR AND THE ONLY POWER CBI HAS TO MAKE THIS FORMAL ANNOUNCEMENT TO IS THE IRAQI BANKS
Millionday: THE MARKET IS CLOSED RIGHT NOW THERE AND IT OBVIOUSLY IS VERY EXCITING TO SEE THIS FROM CBI
ljenterprises: They have approved the licensed banks and currency transfer companies to exchange currency. The question that begs asking is at what rate?
dstratton04: what is being postponed?
Millionday: OTHER PLACES HAVING THE ABILITY TO EXCHANGE CURRENCY -- DINAR USE ONLY -- THEY MUST SUPPORT LAW THAT THE DINAR IS THE ONLY NATIONAL CURRENCY
Millionday: THE ORDER IS ONLY BANKS AND MONEY EXCHANGING COMPANIES LICENSED TO DO SO AS HERE
dstratton04: is that a good thing?
Millionday: DSTRAT -- YES VERY
msdiva: so if theres no auction on Sunday we are looking good so far
Millionday: THE AUCTION IS A TOOL FOR IRAQ TO CONTROL INFLATION AND VALUE AND DISTRIBUTE SO I GIVE IT NO POWER IN WHERE THEY ARE AS FAR AS THE REFORMS
Nadita: Do you think CBI and ISX are the same..? I thought they are separate entity
Millionday: NAD -- YES THEY ARE SEPARATE BUT ISX WILL SHOW INTERNATIONAL RATES AND OTHER MARKETS WILL -- FOREX IF THE INTERNATIONAL RATES CHANGE AND IF THE DINAR BECOMES INTERNATIONALLY ACCEPTED
Doodle Brain: Good evening MD and hope you had a wonderful CHRISTmas! When it says "money transfer companies"...are we talking Western Union type companies?
Millionday: DOODLE -- YES
Dinar Investor: Do you think CBI and ISX closing has to do with CBI wantingto stop currency auctions for good by the end of this year to create the gapagain against the dollar to create more demand for the dinar? Didn't they trythis gap in 2012 but no laws or security to back the RV up?
Millionday: IMO -- IF WE ARE AS BLESSED AND THE IRAQIS AND GLOBE ARE AS WE WOULD LIKE -- IT IS FOR DATA ENTRY -- SMILE
BUT NO INK TELLING US WHY -- BUT LET ME SAY
Millionday: WHEN HAS LONDON -- NEW YORK STOCK EXCHANGE SHUT DOWN FOR A WEEK FOR VACATION ? JUST SOUNDS A LITTLE HMMM FISHY TO ME LOL
Nadita: Agree with your comment on NY and London not closing entire week.. do you think this is their way to prepare all things and about ready to turn the switch on..? because previous articles mentioned that UST went to Iraq to give training or to check their systems about a couple months ago..?
Nadita: seems to me they are crossing the Ts and dotting the Is for something bigger...
Nadita : I agree with you it sounds fishy that ISX closed for entire week
Nadita : is CBI closed too..??
Nadita: and international banking training and money laundering training have been going on for sometimes and articles just showing up
Millionday: NO NOT THAT I KNOW OF HUN -- CBI IS OPEN
Millionday: READ EVERY WORD OF THIS -- IT IS VERY VERY TELLING
MORE THAN I WILL EVER SAY OUT LOUD SO PLEASE READ EVERY WORD
Millionday: asia cell mobile phone service, announced the launch of electronic payment (Asia Service Money project), in the whole of Iraq and the Kurdistan Region, and became a joint can pay wages of electricity, water andirregularities, salaries and other and vice versa.
Millionday: NOTE -- ELECTRONIC PAYMENT IS SET UP ALL OVER THE COUNTRY OFIRAQ AS OF TODAY THROUGH ASIA CELL
Millionday: Che Asia Money is a company wide non-bank provide financialliquidity and clipboard and electronic credit cards and the distribution of salaries and remittances of money and purchase transactions via mobile phone.
And cooperate Asiacell in Iraq with the Iraqi Central Bank,and in the province of Kurdistan cooperate with the central bank in the region,and will open 16 thousand for the sale of the ticket center.
And the service is required for those wishing to bementioned of Asiacell line users, and to buy a ticket Asia Money, and dial *212 # and the application of the rest of the instructions, and there is a specialsecret codes for the uneducated to make sure the transmitter process beforeimplementation.
Nadita : that sounds like national/international banking and yes..they are up to date with the system
Millionday: PLEASE READ ALL OF THE REPORT
Millionday: NOTE -- THEY MAY PAY THE BILLS THROUGH ASIA CELL AND HAVE BEEN GIVEN INSTRUCTIONS -- THIS IS THROUGH ELECTRONIC CREDIT CARDS -- WHOOOPOW
Millionday: READ ALL OF THIS -- IT IS THE MOST WE HAVE EVER SEEN IN ACTION
Millionday: There is no requirement that the recipient of the Asia Moneyusers, it can send money to any person based on personal identity, so that therecipient of the receipt of any money through the center of the company's centers.
And held CEO of Asia Money, Zrnk Farouk, a press conferencetoday announced that the project has been activated in the Kurdistan region,Iraq now, and transfer only be in Iraqi dinars.
He added that in the coming years will be to activate theservice all over the world, and will also transfer to the dollar.
Millionday: >>>>transfer only be in Iraqi dinars.>>>>>WHOOPOW
Millionday: THIS IS HUGE WITH CBI ANNOUNCEMENT
Millionday: THIS IS A GREAT REPORT – WHOOOPOW
Millionday: IT IS ALSO ON ISX ISNT IT ? LOL
7shiela: So in order for someone to pay a bill, wouldn't they have toknow a rate in order to do that?
Millionday: THE EXACT WAY THAT WILL BE DONE HAS NOT BEEN RELEASED BUT IT IS THROUGH A CREDIT CARD -- THAT WOULD LEAD ME TO BELEIVE THAT THEY WILL BE INTERNATIONALLY RECOGNIZED THROUGH ECONOMIC LOGIC BUT HAVE TO WAIT TO INK
Millionday: Finance Minister Hoshyar Zebari, on Monday, that Iraq has revived a plan to sell bonds two billion dollars in the budget of 2016, as pointed out that liberalization of gray will strengthen the Iraqi government's position and facilitates the confidence of international institutions there. Zebari said in an interview with "Reuters", that "budget in 2016 allows the government to sell bonds two billion dollars if lacked sources of funding for the targeted spending project,
Millionday: adding that "the government hopes to conclude a better deal if you decide to resort to the bond market in 2016 with the achievement of the armed forces victories sustained on Daash and support of the World Bank and the International Monetary Fund's Government Center Financial. "
Millionday: WHOOPOW -- BONDS ARE GOING ON THE MARKET THISCOMING YEAR --- THEY ARE HUGE IN THE PROGRESS OF IRAQ AND SUPPORTIVE OF A HIGHER VALUE FOR THE COUNTRY ACCORDING TO THE REPORTS
Millionday: I HAD TO BRING THAT TO YA BUT HAVE A HOUSE FULL OF PEOPLE SO I AM BEING RUDE -- BUT HAD TO SHOW YOU THESE REPORTS
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