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RCookie & Mr White News Time 7-20-16 Part 3 of 3
Hutch says():ISX ARTICLE COMING UP ....
Hutch says():IRAQI STOCK EXCHANGE LOOKING FOR INVESTMENT PROMOTION AFTER DISCUSSING ROLE OF RULES FOR CORPORATE GOVERNANCE
AND BANK GUARANTEE TO ATTRACT & PROMOTE INVESTMENT AND TRADING SECURITIES ESPECIALLY FOR NON IRAQI INVESTORS
INCLUDING NATIONAL SAVINGS IN THE IRAQI ECONOMY THROUGH A WORKSHOP THIS SATURDAY ON GOVERNANCE TO OPERATIONAL PERFORMANCE OF BANKS LISTED ON ISX
AS WELL AS ONLINE TRADING MECHANISMS FOR INVESTORS AND WILL HOST EXPERTS FROM SEC ABOUT ELECTRONIC PUBLISHING TECHNIQUES
TO INCREASE FOREIGN INVESTMENT IN ISX AND COMMUNICATING DATA TO MARKETPLACE AND LAUNCHING A REAL TIME ONLINE TRADING PLATFORM
AND ESTABLISHING AN INVESTORS SPECIALIZED DATA SERVICES CENTER TO DISSEMINATE INVESTMENT AWARENESS.…
rcookie says():THIS IS ABSOLUTELY HUGE DU!!!!!
wmawhite says():This is truly preparing for opening the ISX for international investors.
rcookie says():AND DATA SERVICES CENTER FOR DISSEMENATION OF INVESTMENT AWARENESS!!!...
rcookie says():SEC EXPERTS COMING TO TOWN....
jimplants says():coment ...that SEC is NOT THE SOUTH EASTERN CONFERENCE
Hutch says():DANG JIM..... YOU SURE ?
rcookie says():OPERATIONAL PERFORMANCE OF BANKS.......WOW
rcookie says():DO YOU THINK THAT HAS ANYTHING TO DO WITH THE WORKSHOP ON 26-28 ON ICAAP...IN SYRIA......IT IS ALL COMING TOGETHER FOLKS
wmawhite says to rcookie():True
Hutch says to rcookie():IM BETTING IT DOES
subgirl says():preparing for opening the ISX for international investors. NOW that is HUGE NEWS!!! WOW!! thank you for sharing!! WOW! :) I am really super Excited!!!!!
rcookie says( BOULYAAAAAAAH!!!
Drewsters Millions says():how would they go by informing the outside world investment community?
rcookie says():HANG ON..
rcookie says():FOR THOSE THAT DIDN'T SEE FULL PIECE
rcookie says():The stock market looking for investment promotion after
7/20/2016 0:00 BAGHDAD - Mostafa Hashemi discuss the Iraq Stock Exchange the role of activating the rules of corporate governance contribute to the disclosure of corporate and bank guarantor to attract and promote investment and trading securities , especially for non - Iraqi investors , including contributing to the employment of national savings in cycle Alalaraca economy.
Market and looking through a workshop held on Saturday a draft Help governance of joint stock companies and operational performance of the banks listed on the Iraq Stock Exchange, and will discuss the concept and mechanism of action of the guarantor bank, along with trading online discussion for investors.
solutions and proposals are due to the workshop offers a number of solutions and proposals aimed at promoting investments indirect sector after discussion with a number of experts and specialists in this field by contributing experts corporate specialists in the Securities and Exchange Commission , along with a number of academics who are interested in this vital economic sector.
the workshop will be held under Iraq 's need to diversify its financial resources from the non - oil sectors which would achieve an integrated economy attracts investors , whether they are Iraqis or non - Iraqis for trading on the Iraq Stock Exchange.
electronic publishing and the director of electronic systems in the market Yunus endorsed the use of electronic publishing techniques to increase investment in the stock market and serve investors contribute to increased investment.
He explained that the techniques and applications of data dissemination Trading is one of the most important tools relied upon by the investor to communicate with the market and take decisions (selling shares or purchased) during the trading session.
Read More : http://www.dinarupdates.com/showthread.php?37293-The-stock-market-looking-for-investment-promotion-after-7-20
rcookie says():unique bourse he noted that despite the difficult conditions experienced by the country , it has only exchange that carried out the new trading system in October of 2014 without resides or attends any technical or expert from «Nasdaq» to Baghdad, stressing that this update was accompanied by adding new equipment and systems dolly contribute to raising the efficiency of the market and increase Rsanth and make it a level of regional markets in terms of the use of international standards that provide better global systems trading environment for broker and investor.
Publishing Messaging He endorsed that the market is currently working on the launch of online trading system as well as continuing to work for the establishment of a specialized data center's investors service and intermediaries, explaining that the publication of trading data in real time to investors inside and outside Iraq greatly contribute in spreading information and raising awareness investment.
He pointed out that the use of the immediate deployment techniques conducts financial data about the performance of joint stock companies for all shareholders, investors and investment funds in a transparent manner that gives the investor a clear vision and correct for any investment company wants its shares, noting that it also contributes to inform investors in all capitalization operations and underwriting , which takes place on Joint Stock Companies as well as media Messaging for each contract executed them trading session reinforcing investor confidence in the Iraqi stock Exchange and ensures the right.
Read More : http://www.dinarupdates.com/showthread.php?37293-The-stock-market-looking-for-investment-promotion-after-7-20
rcookie says():Publishing Messaging He endorsed that the market is currently working on the launch of online trading system as well as continuing to work for the establishment of a specialized data center's investors service and intermediaries, explaining that the publication of trading data in real time to investors inside and outside Iraq greatly contribute in spreading information and raising awareness investment. He pointed out that the use of the immediate deployment techniques conducts financial data about the performance of joint stock companies for all shareholders, investors and investment funds in a transparent manner that gives the investor a clear vision and correct for any investment company wants its shares, noting that it also contributes to inform investors in all capitalization operations and underwriting , which takes place on Joint Stock Companies as well as media Messaging for each contract executed them trading session reinforcing investor confidence in the Iraqi stock Exchange and ensures the right.
rcookie says():DREWSTER ...DID THAT ANSWER YOUR QUESTION ABOUT NEW PLATFORM TO INSIDE AND OUTSIDE INVESTORS...
Drewsters Millions says():Yes sir!!
Scotzgirl says():...workshop held on Saturday ... this coming Saturday or last Saturday?
rcookie says():THIS COMING...
rcookie says():BRING THAT BOMBSHELL..
Hutch says():OK, MR WHITE BROUGHT IN AN ARTICLE INTO OUR NEWSROOM EARLIER TODAY, I WANT TO BRING INTO NEWSTIME AND GET GUYS TO COMMENT
Hutch says():Exchange rate and disinformation
7/20/2016 0:00 Mohammed Sharif Abu Mayssam
Hutch says():repeated calls by some observers to call for the lifting of the dinar exchange rate against foreign currencies, to the extent that some of those claims up by making the value of the dinar equivalent to one dollar on the grounds that the caloric value of the current criticism is not consistent with the cash reserve ratios, and that the reserves which currently stands at rates around $ 54 billion with nearly 80 tons of gold should be reflected in the local currency value against foreign currencies, which in turn will contribute to the national currency trading in foreign markets !!, with cut and the relevant authorities to silence does not comment on those claims whenever repeated,
Hutch says():as if rise above squabbles with such rumors and allegations, leaving the arena media for such and media , known by raising the fallacies over the years after the change, to promote such claims which are usually drowned out by the general public, as easy exits for the crisis the country 's economic,
as soon It has been circulating on social networking sites on the grounds that the central bank had announced since years for the project to delete the zeros !!
Ignoring the main objective of the project to delete the zeros and which aims to restore the money supply structure in line with the market data movement and the country 's need to invest in an unstable security conditions reflect negatively on the cash handling operations during transactions especially with regard to large sums in buying and selling and trading currency between banks and other institutions operations ,
Hutch says():so that some social networking pages that calls itself the economic nomenclature, allowed itself to frequently publish such narratives , intentionally or unintentionally, the same that were promoted to project «dollarization» wages more heavily exposed exchange rate fluctuations in price due to the political and economic variables local and international levels.
Hutch says():the silence on what is called the propaganda bubbles may be feasible in some cases, as it was soon collide with reality and disappear, but it may be impossible to double the media point if shred Almdillon hiring vanities and intentionality and marketing body subject touches the interests of the people,
as soon it takes promotional space on social networking, which requires a serious follow - up media from the relevant authorities to what is said and published, and addressing the media , especially since the surge in these days takes Mdyate rising to undermine all that is beneficial to the country and the people.
In addition to talking about the subject , such as the position of the cash reserve is in fact a modern potentially more fallacies by what surrounds him from a misunderstanding of monetary policy,
Hutch says():To say that the cash reserve ratio should be reflected on the local currency 's value against foreign currencies seems to be true at first glance with it is a modern late frequently for damage to this reserve on the impact of the continuing work of the Central auction day to finance foreign trade in conjunction with the decline in the proportion of foreign currency revenues due to lower oil prices,
since this reserve juxtaposition of about $ 80 billion before the oil collapse was not in the day the central database that will the lifting of the dinar exchange rate against the dollar to considerations relating to the price values of criticism about the economic reality Rei ,
where the real sectors suffer from almost complete paralysis and Taatekz market movement on the outer import and activates the parallel market as a result of lack of legal and procedural system to the economy of a real market is complete, how can central to submit the amendment to the value of the dinar equivalent to one dollar in these days? Are there there is no doubt Baksidih this invitation?
Hutch says():On the other hand, the national currency trading outside the country would have a positive impact to buy more goods and services for the benefit of the country, but this will reflect negatively on the national economy unless Tekken there have the largest share in the gross domestic product , real sectors,
as well as to raise the exchange rate would have a serious impact on both the consumer and the wages of labor and raw materials in the local market prices,
which means the high cost of generating unit over imported counterparts, and therefore damage the local product and disable it at a time when the government is seeking to activate all sectors in order to diversify revenue,
and therefore, our national currency will be a commodity in the speculative financial market as a haven winner no more at this stage or that, and this would damage the monetary bloc puttable,
Hutch says():amounting to 40 trillion dinars only .. the national currency trading rates outside the country regarding the class basis in and a solid economy (diversified economy revenue of rising contribution of all sectors, particularly the real sector in the gross domestic product,
along with the importance of higher cash income rates in the external balance and stability of payments in the monetary system as well as financial openness ,
which contribute significantly to the circulation rates, which requires the presence of a system banker healthy simulates the existing developments in the global banking industry,
not necessarily the value of the currency is high, and our guide the Japanese yen, because of Japan 's cash reserve 1.265 trillion as of the yen around 94 yen to the dollar as the Japanese government is trying with all its capabilities should not make yen rises against the dollar because every cent rise in which the yen is causing big losses for the Japanese economy,
meaning that the reserve does not necessarily mean that is reflected in the rise in the exchange rate of the local currency, as this would be determined by economic data.
www.alsabaah.iq ALSABAH newspaper
rcookie says():WOW!!..A LOT GOING ON HERE!!
Hutch says():MR WHITE CARE TO COMMENT ?
wmawhite says():Again.............out of no where calls for the true value of the IQD to be brought forth.
wmawhite says():rcookie...........do you have thoughts?
rcookie says():AND BRINGING PARALLELS TO FOREIGN RESERVES VALUE RELATIVE TO CURRENT IQD VALUE RATIO
david334 says():A sort of protection fro pricing aberrations
rcookie says():AND WARN OF GUARDING AGAINST THEORIES SUPORTING THAT AS THE ONLY OR MOST IMPORTANT MARKER....AND THEY CITE THE EXAMPLE OF JAPAN AND ITS RESERVES AS CASE STUDY...
david334 says():I n other words the old rate will slow down the development of Iraq business giving imports pricing advantages
wmawhite says to david334():Great point
rcookie says():AND GUARD AGAINST OVERVALUING AGAINST CURRENT IMPORT STATUS FOR TRADE CONSIDERATIONS....
1bobby says():Any idea on the authors status within the Iraqi economic community, or does he have the CBI's ear? Thank you
1bobby says():I know he's written a few articles about monetary policy
rcookie says():THAT AUTHOR MAYSAMM IS A VERY WELL RESPECTED ECONOMIS WRITER FOR ALSABBAH...
1bobby says():OK cool
rcookie says():BUT MANY OF THE POINTS MADE ARE SHARED BY MANY IRAQI ECONOMISTS...
1bobby says():I agree
Hutch says():WHAT AN EXCITING NEWSTIME !!!! SO MUCH GREAT NEWS!!!!!
THANK YOU RCOOKIE AND MR WHITE FOR A GREAT NEWSTIME!!!!!
AND THANK YOU ALL YOUR ENGAGEMENT AND PARTICIPATION !!
Read More :http://www.dinarupdates.com/showthread.php?37339-Newstime-with-rcookie-mr-White-hutch-7-20-2016