Millionday News 3/31/15
Welcome to dinarupdates.com for News Time with Millionday!!
Millionday: THIS IS VERY INTERESTING AS I WANT YOU TO READ EVERY EVERY EVERY WORD
Millionday: Parliamentary finance committee, said that the Governor of the Central Bank of Iraq, told her that the exchange rate of the Iraqi dinar against the dollar will return to normal in the coming weeks.
The record of the Iraqi dinar exchange rate against the dollar decline over the past few days and arrived in 1270 dinars a per dollar, while the Central Bank of Iraq depends to a fixed exchange rate to the dollar in 1166.
Millionday: NOTE -- THE FIXED RATE OF 1166 WILL BE RETURNED IN THE COMING WEEKS -- OR WHATEVER RATE THEY PLAN ON -- SMILE
Millionday: The committee member said Masood Haider's ( IMN ), "The Governor of the Central Bank of Iraq was informed that the financial decline of the Iraqi dinar exchange rate due to the speculative traders in the market,
especially after the implementation of the central bank's actions, which included control fully the phenomenon of money laundering."
Millionday: Masood added that "the central bank governor of Bank experts assured the committee that the dinar exchange rate against the dollar will return to normal in the coming weeks."
The government is seeking to compensate for the decline in the sale of oil prices in the international markets to pump more crude oil, due to the need for more cash to fund massive military campaign against Daash terrorist gangs.
Millionday: SO OF COURSE THE MOST EXCITING COMMENT IN THE REPORT IS THE "RETURN TO NORMAL IN THE COMING WEEKS" -- I CAN TELL YOU WHY --
YEARS AGO SALEH USED TO REFER TO THE ECONOMIC REALITY AS A RETURN TO "NORMAL" -- SO INTERESTING INDEED
TimandJulie: So IF it comes back AT 1166, what will be the diagnosis
Millionday: I CAN GIVE YOU MY OPINION ON THE SUBJECT WITH NO INK ON IT AT THIS TIME BUT IT WAS IN INK IN THE PAST
TimandJulie: i guess i mean how long then till it really RV's
Millionday: THERE WAS A REPORT ON CBI YEARS AGO THAT HAD A STATEMENT BY SHABIBI THAT WAS LISTED THERE FOR A LONG TIME -- (not to be found now) AT LEAST BY ME –
AND IT HAD THE ENTIRE ECONOMIC REFORM POLICY LISTED AND ALSO APPEARED TO HAVE THE ECONOOMIC DEVELOPMENT STEPS AS WELL --
Millionday: THE FIRST HALF OF THE YEAR PER THE STATEMENT HAD 1166 (REFERRED TO THE PROGRAM RATE) LISTED AS THE RATE THAT WILL BEGIN TO BE USED AND THE SECOND HALF HAD NO FIGURE LISTED AT THAT TIME ---
Millionday: IT HAS MANY SUBJECT MATTER LISTED AND WAS A HUGE REPORT WITH OVER 70 PAGES -- TO NOT BE FOUND AGAIN BY MY EYES
Millionday: MAKE SENSE TIM?
TimandJulie: i hope so
ol lar: ol lar: Does anyone know if the United nations operational rates are posted first or the Central banks, Because the UN operational rates are always posted on the first day of any given month, http://treasury.un.org/operationalra...r&country=Iraq
Millionday: OL LAR -- THE MOST ACCEPTABLE TIMING FOR A CURRENCY MARKET CHANGE FALLS GLOBALLY ON THE 1ST AND THE 15TH OF EVERY MONTH -- IF IT IS NOT READY OR THE COUNTRY HAS OTHER PLANS BUT –
THE TWO DIFFERENT TIMES ARE THE BEST TIMES MARKET WISE -- EVEN THOUGH SOMETIMES THEY MAY NOT LIST CHANGES MADE YET –
MATHMATICALLY -- ECONOMICALLY ETC THE MARKET DICTATES THAT THE 1ST AND THE 15TH ARE THE BEST AND THE LESS NEGATIVELY IMPACTED BY CURRENCY CHANGES AND SOME OTHERS IMPACTS AS WE HAVE WITNESSED IN THE PAST
wvchsr19: if they come out at 1166 could this be the "float rate" some are talking about and they let the market run it from there
Millionday: NO THIS IS THE IMPOSED RATE THAT WAS PUT IN PLACE WHEN SANCTIONS WERE PLACED
LONG J: a week ago ro two we heard that abadi and the governor of the cbi were discussing foreign exchange rates. now they are talking about a float? what us your opinion. and why would they not make it a fixed rate for a while and then let its float?
Millionday: THE LISTING IN THE MARKET BY USING A FLOAT FOR THE CURRENCY GAIN OR LOSS IS STRICKLY TO DECIDE THE BEST FOR THE COUNTRY AS THEY EMERGE –
MY OPINION WOULD BE THE HUGE IMPACT AND HOW IT WOULD AFFECT THE PRICING INDEX (GLOBAL) -- STABILITY-- AND CONFIDENCE IN THE COUNTRY AS IT RETURNS TO THE GLOBAL MARKET ----
Millionday: I WOULD WANT ALL INFO AND HOW IT ALL WOULD BE IMPACTED -- IT WOULD TAKE THE MANY EXPERTS IT ALREADY HAD TO GET ANYWHERE CLOSE TO AN IDEA OF WHAT WOULD BE RIGHT FOR IRAQ -- HUGE DECISION TO SAY THE LEAST IMO
LouieSlipps: your professional background
Millionday: I DO NOT RELEASE ANY PRIVATE INFO -- I AM NOT ON SOCIAL MEDIA AND I SHARE AS LITTLE AS POSIBLE AS I HAVE BEEN TOLD BY MY FATHER BEFORE HE PASSED ---
Millionday: NO REASON TO BE SORRY HUN -- I WILL SAY ONE MORE THING ON THE SUBJECT AND THEN MOVE ON -- I WANT THE FLOOR
Millionday: THIS IS A HUGE EVENT -- AND THE ODDS THAT SOMEONE IS HERE FOR ILLEGAL ACTIVITY ARE VERY LARGE -- THEY ARE AS LARGE AS SOMEONE BESIDE YOU IN THE STORE WITH A POCKET FULL OF MONEY STEALING A CANDY BAR –
- DOESNT MAKE MUCH SENSE BUT IT IS THE WAY IT IS -- DO NOT GIVE ANY INFO ABOUT YOU TO ANYONE AT ALL
Millionday: New: GCT announced, Sunday, that the new coordination mechanism approved by the central bank comes to regulate and tax verification procedures, and follow-up on the ground, pointing out that the tax itself existed in the past and changed collection procedures.
Millionday: NOTE -- THEY HAVE THE TARIFF/TAXATION ORGANIZED AND READY TO GO ACCORDING TO THIS
Millionday: The general director of tax Kazem al-Moussawi In a press statement, said that «the existing coordination with the Central Bank and customs, and the Association of Banks», indicating that «the recent work on the empowerment of the private banks of these instructions».
He added that «the Commission in light of the recent proceedings relating Balastairadat conducted through private banks window move through the traditional mechanism to new again is quite different from the old,
to ensure the verification of goods and tax payment », adding that« mechanism court several measures, and several official bodies and private banks ».
Millionday: NOTE -- LOL -- IT ENSURES THAT ... THE NEW ONE IS ALOT DIFFERENT THAN THE OLD AND ENSURES THAT THE TAXATION IS PAID --
Millionday: He pointed out that «coordination at the highest level between the Association of Banks and the relevant authorities to ensure the rights of all parties, and not impact on prices in the domestic market »,
pointing out that« the tax existed in the past and only verification of tax procedures and follow-up mechanism vary ».
It is noteworthy that the Iraqi Central Bank decided Thursday March 25, 2015 to approve the meet 8% of the taxes and customs import by private banks, while the Association of Iraqi banks suggested that this decision reflected positively on the Iraqi economy and the private sector.
The central bank imposed a special program for tax guarantees and customs of goods, while among banking and economic shown that this procedure was guided by Council of Ministers to determine the action traders and keep them away from illegal transactions in foreign currency smuggling.
Millionday: SO THIS IS TO ENSURE THE LEGAL PAYMENT SYSTEM OF TAXATION AND TO ENSURE IS SO INPORTANT IN BUSINESS THAT IT IS COMMONLY –
NOT RECORDED OR EVEN DONE CORRECTLY IN ALL ASPECTS DUE TO SIMPLE MISUNDERSTANDING SO OF COURSE THIS ADDS WITHOUT A DOUBT -- HUGE CONFUSION
Millionday: . Praised the commander of the armed forces, Haider al-Abadi, on Tuesday, the courage of the Iraqi pilots, stressing that Tikrit's successful experience will be repeated in other areas.
Ebadi said office said in a statement received by the agency / information / copy of it, "Prime Minister and Commander in Chief of the Armed Forces Haider Abadi accept it at the beginning of the regular session of the government,
which was held this morning, developments and field results in the liberation of Salahuddin province process."
Millionday: NOTE -- TIKRIT FORMAL SUCCESS
Millionday: The statement quoted Abadi say that the "liberation of Tikrit process are joint efforts of the army, the police and the crowd and popular sons of the tribes and the people of the city of Tikrit, and by air,
and the bombing of the center of the Iraqi Air Force and the Army Aviation gangs Daash criminal, praising the courage of the Iraqi pilots."
He added that "Tikrit successful experience will be repeated in other areas of what the results of the field and on the human level and the protection of civilians to the fullest extent, along with a few losses in our security forces."
Millionday: It is noteworthy that the security forces backed factions of the Islamic Resistance and the crowd and popular tribal members were able today to enter the city of Tikrit, the center of the control of the presidential palaces
and many government buildings, while the Hezbollah Brigades asserted control over the military leadership of the groups "Daash" criminal headquarters and the system of communication to Ha.
Millionday: SO THE ISSUED CONTROL AND ARE NOW MOVING FORWARD WITH COUNTRY SUCCESS -- WHOOOPOW
Millionday: number of specialists affairs banking on the importance of the development of anti-money laundering law and make it consistent and supported in the developed world, and argued that all banks have units anti money laundering act professionally and in accordance with the Bank's instructions Iraqi Central.
Executive Director of the Association of private banks in Iraq, Tariq pointed to the importance of the development of anti-money force laundering law,
pointing out that the central bank is currently being necessary amendments to the Act and make it more organized movement of Iraqi funds and away from all forms of violations that accompany the flow of the movement of cash inside and outside Iraq.
Millionday: NOTE -- THE MONEY LAUNDERING LAW IS TO BE INTERNATIONALLY COMPLIANT TO PROTECT WHAT THEY HAVE DISCOVERED
Millionday: READ EVERYWORD>>>>He noted in a statement »Sabah» that the Association is following the development of modules anti-money laundering in Iraqi banks and in accordance with international standards,
and this comes within the new directions for the work of the Association and aimed at the promotion of the private and make it compete with global banks in terms of Almentjat.obin Tariq banking work The Iraqi banking sector development is the most important pillars of sustainable development sought by Iraq,
pointing out that the international effort evolving needs a banking sector is able to provide products to suit the size of the work done in the country, noting that most of the global companies considering work from all sides environment before entering to any country.
Millionday: NOTE -- THIS LAW FOR FUND PROTECTION AND SECURITY IN PLACE IS BEING PUT IN SO INVESTORS HAVE CONFIDENCE TO BRING FUNDS IN TO THE COUNTRY AND IS ALL ABOUT THE SUCCESS OF THE GOAL OF A MARKET ECONOMOMY AND ITS FUNDING
Millionday: NOTE -- THIS REPORT IS SO FULL OF INFORMATION -- PLEASE READ EACH AND EVERYWORD --- IT IS VERY IMPORTANT
Millionday: The banking advisor Dr. Essam Mahouelle has said that all operating in Iraq banks, whether civil or government has the units involved in the fight against money laundering and operating according to the approved,
stressing international standards in a statement the "morning" that the central bank does his job professionally and should to preserve the independence and not subject to any pressure,
pointing to the importance of Iraq for a credit rating, which plays a major role in the development of Iraq,
Millionday: NOTE -- THIS IS ALL GOING TO IMPACT THE CREDIT RATING THAT IS SO VERY IMPORTANT NOT ONLY TO IRAQ BUT ALL COUNTRIES AS FAR AS THAT GOES
Millionday: including proportional and put the banking and financial economist at the order and peace of the rankings of these two Ganpin.wachar Mahouelle that there is a correlation between the phenomenon of money laundering
and financial and administrative corruption must be discovered and resolved, and the elimination of organized crime and adjust operations bleaching money and establish laws to prevent the waste of public money and the elimination of administrative and financial corruption
Millionday: NOTE -- THE FUNDS AND ALSO THE AUDITS ARE SO VERY IMPORTANT TO GET IRAQ IN THE DIRECTION THEY ARE HEADED WITH THEIR MARKET
Millionday: AND ALSO IT WOULD NOT SURPRISE ME FOR MANY REASONS
Millionday: HERE WE GO
Millionday: THIS IS WHOOOPOW
Millionday: Parliamentary Legal Committee announced Tuesday for the formation near the "body of national reconciliation" in the coming days, as shown that the body will differ from the National Reconciliation Commission.
The committee member said Salim Shawki told / information /, "The Prime Minister Haider al-Abadi would be a new body as" the body of reconciliation and justice, "and calls her the moderates of all political parties participating in the government."
Millionday: NOTE -- AND HERE WE GO WITH THE MOVE FORWARD OF THE NATIONAL RECONCILIATION
jarhead: Well tikrit is not totally taken the flag is at the center but not over do u agree???
Bentley: Heard Sec of Treasury and J. Beahnor are over there...Confirmed? Wonder what they are doing there?
Millionday: I HAVE HEARD THAT A WHOLE DELEGATION IS OVER THERE RIGHT NOW
Millionday: I AM NOT SURE THAT THEY ARE THERE FOR MORE THAT MILITARY BUT THEY ARE THERE WITH EXPECTATIONS FOR TOMORROW
poppy3 Millionday: ALSO BAN KI MOON FROM UNITED NATIONS IS REPORTED THERE. AND A GROUP FROM THE UST. WORLD BANK. POPPY3
poppy3 Millionday: THEY ARN'T THERE TO EAT SHRIMP AND DRINK ? TIME WILL TELL VERY SOON. POPPY3
rudie: MILLIONDAY'S COMPUTER KEEPS FREEZING AND SHE'S CALLING IT A NIGHT. SEE EVERYONE AT ROUNDTABLE TOMORROW