Author Topic: [michigander] 3:10pm edt 6/18/2015  (Read 306 times)

Online arizona49

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[michigander] 3:10pm edt 6/18/2015
« on: June 18, 2015, 03:55:20 PM »
[michigander0131] Financial institution's buy dollars from the CBI in order to provide them to individuals and oganizations that want dollars as a more secure savings asset, to facilitate domestic transaction's, to purchase legal and illegal imports and for capital flight.

[michigander0131] The central bank announced the sale of more than $ 203 million and meet all market demands Thursday June 18, 2015 10:31 Alsumaria News / Baghdad said the Iraqi Central Bank, on Thursday, he was to meet all the demands of the market, while stressing sell more than $ 203 million. The central bank said in a statement received Alsumaria News a copy of it, "it was to meet all the demands of the market that day, without exception." . He said the bank, "it was selling more than $ 203 million." and founded the Iraqi Central Bank independent bank under the law issued on the sixth of March 2004, as an independent body, is responsible for maintaining price stability and the implementation of monetary policy, including the prices of policies exchange being sessions daily for buying and selling currencies.

[michigander0131] Iraq .. paper of class 50 thousand dinars to boost trade 17/6/2015 CBI plans to paper currency a new category of 50 thousand dinars ask to limit the control of dollar transactions.   [michigander0131] less than 10% of the population will ever see these larger notes since they don't have the money or desire to aquire them.

[michigander0131] Central punished 14 banks 2015/06/18 17:07 The central bank has taken punitive action against 14 banks for reasons of non-implementation of some directives to be considered the authority supervising banks. BAGHDAD / Obelisk: Economic Adviser to the Prime Minister the appearance of Mohammed Saleh, on Thursday, the central bank possesses strong reserves in the Iraqi dinar and has the ability to re-market to track and enforce its monetary policy said. Saleh added in a statement, that "the financial offer palaces and suffocation occurred because of higher scrutiny and some routine procedures and not the central bank is unable to meet demand," explaining that "the Bank possesses strong reserves in the Iraqi dinar is enough to stabilize the exchange rate in the domestic market."  [michigander0131] the banks and monetary system is in shambles over there

[michigander0131] Parliamentary Finance: Central Bank violates the Constitution to sell large amounts of dollar Publishing Date: Thu, 18 Jun 2015 14:23:45 BAGHDAD - Today's News The parliamentary finance committee accused the CBI of violating the constitution in selling the dollar amounts Bmzadeh daily more than scheduled in the financial budget law for 2015, which defined the bank to sell $ 75 million only. According to a statement of the Commission received "News Today", a copy of "The House of Representatives has approved Article 50 in the budget related to auction foreign currency and its effects on the Iraqi dinar exchange rate against the US dollar include the Central Bank Law urged to use banking tools to keep the exchange rate, but the central bank objected before the Federal Court on this article by the Federal Court did not decide yet. "   

[michigander0131] Iranian influence is so strong in Iraq, as our State Department has made reference many times. This is just more evidence of that very influence. Iran - Shia, influence wants the stone age to continue, and a strong economy with a respectful currency is just not in the picture. Obviously not a good day for Dinar holders, with more bad news to come. Ramadan is upon us, and EID is next., as the hole to dig out of this mess is very deep. The country of Turkey did this same thing years ago, disobeyed the IMF, and their currency collapsed, along with thousands of merchants businesses. They had to beg the IMF to come and take control of their economy. Lets hope that does not occur here, but I have friends that bought in Syria when the Iraqi Dinar was 4000 to one. Even they are beginning to get nervous about our quagmire. This has been a bad stretch for us, especially since the fall of Mosul. Commissioning troops in Kuwait just 100 miles away could easily change the security of Iraq in just a couple of months, prior to winter which stops raids, and door to door searches. Security could be obtained, and the Dinar could regain respect and trust. Right now, all sides, Iran, Iraq, ISIS, Syria, the rebels of Syria, and Al Qaeda have caused the Dollar, and raw oil to become the currency of trust. We need hope and change, and not from our false leadership, and empty promises to the Iraqi people.