lexi wrote on January 27th, 2015, 8:09 pm: Frank will the CBI have to reveal the rate to the world when they do actually do the things you speak of or can they just keep on hiding it even after they do all this you just spoke of? Thanks so much
Aggiedad77: Hi Lexi, It is our opinion that when the CBI implements these things they talk of.....they will have had to release a rate....to trade on the secondary market requires that a country have a recognizable currency...that to me is a key thing at this point...
We just don't know when it will occur....hopefully Thursday...in the meantime we continue to watch what they do and say. Aloha Randy
[twinnster] 1-27-2015 tman23 Jabouri said A CUSTOMIZED PARLIAMENT SESSION will be held Thursday...They will vote on the budget...But to customize may indicate that a number of other laws are going to be presented for vote...LIKE ALL AT ONE TIME AND BEFORE FEB 1st.
Landons Nana: Mailman17-ANYONE WHO THINKS IRAQ WILL ANNOUNCE THEIR CURRENCY TO THE WORLD IN AN OPEN MARKET AND LEAVE IT AT 1166 HAS A NUT LOOSE.
THAT WOULD BE A SLAP IN THE FACE TO THE CBI, IMO.
WHEN THEY COME OUT...THEY WILL COME OUT STRONG. OVER A 1-1 GUARANTEES DE-DOLLARIZATION WITHOUT STICKER SHOCKING THE LOCALS. A FLOAT DOES NOT DE-DOLLARIZE...PERIOD.
IF THEY WANT TO GO TO A FIXED AND MANAGED RATE TILL THINGS SETTLE...THEN LET THE DINAR BE MARKET DRIVEN...FINE...THATS SOUNDS MORE LIKE A PLAN THEY CAN MAKE ADJUSTMENTS WITH DAY TO DAY...
EITHER WAY THE PRINT TELLS US THEY ARE READY TO MOVE AND IT LOOKS LIKE BY FEB 1 COULD BE OUR WINDOW. AS ALWAYS, JMO.
OK ROCKS: They are going to purchase debt in the secondary market, there is no country that can do that unless they ARE on the international stage... so they are telling us they are DOING IT RIGHT NOW! LOOKING FOR IT TO ENTER THE STAGE TONIGHT! PRAYING.... OH DEAR LORD THANK YOU IN ADVANCE!
CBI supports commercial banks and buy treasury bonds
January 27, 2015 16:00
Iraqi Central Bank has agreed to support the liquidity of specialized commercial banks $ 5 trillion dinars to enable them to provide loans to industrial and agricultural and providing loans to industrial and agricultural and providing housing and real estate loans in support of economic activity and job creation.
According to a statement obtained by direct a copy of which has been the central and also agreed to buy back treasury bonds from the secondary market, where the central bank will buy about 5 trillion dinars first stage of those bonds.
Note that previous actions do not affect the Central Bank of Iraq Special Reserve. LINK
Schobee: Bank Story for what its worth.....
I have been banking at a WF in Grapevine Tx for a number of years and verified previously that it is one of the areas designated foreign currency exchange centers.
Another dinarian and I were in there 60 days ago to have some notary work done and chatted briefly with the customer service lady about exchanging Dong and she informed us of a teller that could handle the transaction. At that time, there was no specific designation for that teller.
Today, I was in the bank and lo and behold, there was a line cordoned off with a sign saying, " Foreign Currency Exchanges, This Line Only"
I did not quiz anyone about their sudden need for a special line for exchanges, where in the past 10 years there has been none.
wilbur grodan January 27, 2015 MARKETS are now DIALED IN to PERFECTION
I C U January 27, 2015 at 8:38pm Alert: “Central Banks are telling us to dump their currency.” By Gregory Mannarino
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