Post From Dinar Updates
Chat Room Excerpts & Highlights
Dinar Updates Saturday PM Chat 11-5-16 Part 2 of 3
ol lar says to BGG():could be they are further educating the people
BGG says():Could be - could easily be...
ol lar says to BGG():what is that 75 cents +/-
BGG says():in fact, the article I put on THE BLOG for today has that tone - IMHO...
BGG says():more of an "educational" slant... geared more towards touting the benefits to their people than anything.
ol lar says to BGG():quite encouraging, all these articles
ol lar says to BGG():I think we finally have arrived
rcookie says():AFFIRMATION VS CONFIRMATION......
ol lar says to BGG():It would have been nice for my wife to enjoyed this journey like Mrs BGG has, oh well, she'll soon see I am not nuts
rcookie says():Legal representative: Cabinet amendments to the general amnesty law inconsistent with the legislator items
Political Since 11/05/2016 18:54 pm (Baghdad time)
BAGHDAD - balances News He parliamentary legal committee member Salim Chawki, Saturday, all opposed to the Council of Ministers amendments to the General Amnesty Law with the legislator-in-law, passed by the House of Representatives items.
He said Shawki's / balances News /, "The Legal Committee and members of parliament approve the amendment deduced from the Council of Ministers on the amnesty law," noting that "the amendment eliminates counters with some articles of the law by the legislature parliament."
He said Shawki, said that "among the materials that contradict with the law is the rule of kidnapping if he has killed someone or suffering permanent disability or the loss of their own destiny and the abolition of some of the provisions in the purchase of condemnation," pointing out that "can not be new legislation restores prisoners to jails who Srahham fired after the adoption of the amnesty law. "
The House of Representatives postponed, earlier, to vote to amend the Council of Ministers on the general amnesty law ended 29/34 R.
magnetlady says():morning BGG and RCookie
BGG says to magnetlady():Morning Ms. Mags
BGG says to rcookie():Good perspective.
rcookie says():GM MAGS!!...
rcookie says():Parliament: Hosting bank governor and directors of banks to discuss the reasons for the high dollar prices
Posted by: admin2 in the economy , November 5, 2016 0 70 visit
BAGHDAD / SNg The economic and investment commission parliamentary plans to host the bank's governor and managers of State-owned banks, soon to understand why the decline in the dollar reserves and rising prices of constant exchange rates.
Although the CBI taking several measures to try to reduce the dollar exchange rate in the domestic market, but it is still witnessing a rise oscillate in some cases up to 1300 dinars to the dollar, while witnessing the bank reserves, in contrast, a sustained reduction.
Central called on citizens and traders to make a complaint to him about banks and the conversion that sell the dollar by more than 1,200 dinars, after sales outlets expanded to include government banks, as the campus last month, three special and 99 banking company from entering sell the currency window banks,
because of violating the laws and regulations Bank purchases and sales of foreign currency, but these measures did not also succeed in reducing the exchange rates ,, Central attributed to reasons related to sales of oil and the dollar exchange rate against other currencies.
Because of criticism of members of the House of Representatives of monetary policy followed by the Central, which led to a huge waste in a financial reserve, and its decline from $ 78 billion in 2013 to $ 40 billion during the current year, because it intends to economic and investment commission in Parliament, to host the bank's governor and managers of State-owned banks ,
soon to understand why the decline in dollar reserves, as well as rising exchange rates, particularly after he said accused members of the Committee of economy and investment parliamentary monetary policy by the central bank of causing the delivery of the dollar in the local market price to more than 1,300 dinars to the dollar, while the official selling price of the bank does not exceed 1200 dinars to the dollar, calling to follow a new policy to sell the currency through the open window for direct sale to the citizens, and at the price prevailing in the market and achieve the benefit for the general budget.
For his part, spokesman for the Iraqi Central Bank Acer's mighty "The reserves of the Central Bank of the file is not a file complicated as described by some, although the process of increase and decrease in the reserve process of nature occur in every country in the world, because it is affected by several factors, the most important national revenues realized from the sales oil, the price of the dollar against other currencies. "
magnetlady says():Awesome sounding
baxter says():that article above says the rate is 1118 dinar to the dollar????
baxter says():it doesnt matter...
baxter says():Mags... are you here?
7shelia says():LOL so it hasn't changed in at least 7 years, cause that's what it was when I bought them
magnetlady says():baxter, yes I am here
magnetlady says():And I have no answers. hahaha
baxter says():Sorry I missed your Hi yesterday in chat... I got a phone call..and I wasnt going to pick it up... cause the phone said it was from Atlanta..and I figured in was a sales call... but I did pick it up finally... and it was the FBI in Atlanta....
baxter says():they wanted to know all about Sterling....
baxter says():I had sent in one of those forms... and they finally called me back
baxter says():we talked for a half hour :)
baxter says():he said... IF im lucky.. I may get some money back
magnetlady says():Wow again
baxter says():I know :)
magnetlady says():That sounds awesome
Doug_W says():GL on that Bax!!
baxter says():I Know... Doug...
baxter says():just call me blue boy
magnetlady says():They said nothing abut you giving your money back
magnetlady says():Your dinar, not money??
rcookie says():NO....THEY ARE OUTLINING THAT...THE STEPS TO CURB CURRENCY AUCTION ABUSES BY CLOSING DOWN OPERATIONS THAT ARE IN VIOLATION OF THE AUCTION RULES(99 IN ALL)...
AS WELL AS THE MARKET EXCHANGE RATE RISING TO OVER 1300 TO THE DOLLAR IN SPITE OF THE OFFICIAL SELLING RATE FROM THE BANK AT 1200...
AND STATED POLICY IN PLACE TO COMPENSATE ANYONE OVERCHARGED THE DIFFERENCE....AND ONCE AGAIN TRYING TO CALL THE DEPLETION IN RESERVES AS TE CONSEQUENCE...
baxter says():Mags... it would be money... not dinar..
Doug_W says to magnetlady(Whisper message)():noo thats ok. I will just send it to my email friends . thanks again tho
magnetlady says():Thanks rcookie for splaining what that meant.
baxter says():Said it would be at least another year before it got to court... 8-)
rcookie says():THEY ANSWER BACK THAT THE PROCESS AND STATUS OF RESERVES IS QUITE SIMPLE AND WELL DOCUMENTED....
AND PARLIAMENT ECONOMIC & INVESTMENT COMMISSION WILL HOST ALAK AND SOB MANAGERS FOR QUESTIONING ABOUT EXCHANGE RATE INCONSISTANCIES AND RESERVE STATUS.....