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blueskyline

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  1. www.reuters.com/article/iran-currency-euro/update-1-iran-switches-from-dollar-to-euro-for-official-reporting-currency-idUSL8N1RV2FA........ MARKET NEWS APRIL 18, 2018 / 6:25 AM / UPDATED 4 HOURS AGO UPDATE 1-Iran switches from dollar to euro for official reporting currency Reuters Staff (Adds background) LONDON, April 18 (Reuters) - Iranian government institutions will start reporting foreign currency amounts in euros rather than U.S. dollars, state media said on Wednesday as part of the country’s effort to reduce its reliance on the American currency. The decision was made at a cabinet meeting, state broadcaster IRIB said. Central bank governor Valiollah Seif said last week that Supreme Leader Ayatollah Ali Khamenei had welcomed his suggestion to replace the dollar with the euro in Iran’s foreign trade, as “dollar has no place in our transactions today”. Tehran has been trying for years to move away from the dollar because of political tensions with Washington, although much of the country’s international trade is still conducted in dollars and ordinary Iranians use them for travel and savings. U.S. President Donald Trump has threatened to exit a 2015 nuclear deal Iran made with world powers unless it is revised. U.S. sanctions will resume unless Trump issues new “waivers” to suspend them on May 12. Bank transactions involving the dollar are already difficult for Iran because legal risks make U.S. banks unwilling to do business with Tehran. Foreign firms can be exposed to sanctions if they do Iranian deals in dollars, even if the operations involve non-U.S. branches. As a result, France will start offering euro-denominated credits to Iranian buyers of its goods later this year to keep its trade out of reach of U.S. sanctions, the head of state-owned French investment bank Bpifrance said in February. The threat of U.S. sanctions has destabilised Iran’s foreign exchange market in recent months. The rial lost close to half its value on the free market between last September and last week, sinking to a record low of about 60,000 against the dollar before authorities set a fixed rate of 42,000 and warned Iranians they would face penalties for using other rates. (Reporting by Bozorgmehr Sharafedin Editing by Andrew Torchia and Matthew Mpoke Bigg)
  2. The Recovery Of The Iraqi Dinar !

    In all my days of reading these articles about Iraq and other countries. I have not read statements spoken in such a large scale like these .
  3. Abadi opens files of serious corruption

    Thank You Yota . This cause a lot of candidates for Iraq office to attempt to go on a vacation before the election . I assume ... GM DV's ..............
  4. Two Gurus...Two Different Views.

    Doing pretty good Chuck just staying in the background reading all the great news being posted . Good to see you too !
  5. Two Gurus...Two Different Views.

    The Goat , Dr Clark .........Wife In The Know ???.....looks like a writer looking for an audience.....
  6. ://www.satprnews.com/2018/04/13/currency-counting-machines-market-overview-with-qualitative-analysis-competitive-landscape-forecast-2022/..........Currency Counting Machines Market Overview with Qualitative analysis, Competitive landscape & Forecast 2022...... Currency Counting Machines Market Overview with Qualitative analysis, Competitive landscape & Forecast 2022 April 13, 2018 - by craig.francis@htfmarketreport.com The qualitative research study conducted by HTF MI titled “EMEA (Europe, Middle East and Africa) Currency Counting Machines Market Report 2018” provides primary Data, surveys, Scope of the Product and vendor briefings. The market dynamic forces have been determined after conducting a detailed study of the EMEA (Europe, Middle East and Africa) Currency Counting Machines market. The study provides forecasts for Currency Counting Machines investments till 2022. If you are involved in the Currency Counting Machines industry or intend to be, then this study will provide you comprehensive outlook. It offers a consequential analysis of the Currency Counting Machines company, key tactics followed by leading manufactures and trending segments. Get the inside scoop of the Sample report @: https://www.htfmarketreport.com/sample-report/1081443-emea-europe-middle-east-and-africa-currency-counting-machines-market-2 The research study is segmented by Types [Basic Note Counters, Hi Speed Heavy Duty Cash Countings, Intelligent Counting Cum Counterfeit Detection Machines & Other] as well as Key Applications [Commercial, Retail & Other] with historical and projected market share along with the growth rate, revenue figures and gross profit margin in tabular format which makes easy to understand product/service differences, market concentration rate and product distribution for past 5 years. Major geographical regions like Europe: Germany, France, UK, Russia, Italy and Benelux; & Middle East: Saudi Arabia, Israel, UAE and Iran; and leading players such as Maxsell, Giesecke & Devrient, Cummins- Allison, Glory Global Solutions, BILLCON, GRGBanking, Guangdong Baijia Baiter Industry, Julong, Kisan Electronics, LAUREL BANK MACHINES, Godrej, Royal Sovereign & Shenzhen Best Machinery Electronics involved in this report. The report gives a clear idea about the growth factors, reasons for deterioration of EMEA (Europe, Middle East and Africa) Currency Counting Machines in recent years and different opportunities and strategies to expand market. Early buyers will receive 10% customization on reports. Read Detailed Index of full Research Study at @ https://www.htfmarketreport.com/reports/1081443-emea-europe-middle-east-and-africa-currency-counting-machines-market-2 If you have a different set of players/manufacturers according to geography or needs regional or country segmented reports we can provide customization according to your requirement. Each player highlighted in the research study contains companies Basic Information, Manufacturing Base, Sales Area and Its Competitors, in-depth business overview, geographic footprint and contact information. The report contains a comprehensive market and vendor landscape in addition to SWOT Analysis. Buy this research @ https://www.htfmarketreport.com/buy-now?format=1&report=1081443 Reasons to Buy: – What will be the market size in 2022 and at what rate will it grow? – What growth potential do Currency Counting Machines market have? – Procure strategically important competitor information, analysis, and insights to formulate effective R&D strategies. – Recognize emerging players with potentially strong product portfolio and create effective counter-strategies to gain competitive advantage. – Classify potential new clients or partners in the target demographic. – Plan mergers and acquisitions meritoriously by identifying key players and it’s most promising contributions. – New Development and identify prospective partners with the most attractive projects to enhance and expand business potential and scope. – Influential factors that are thriving demand and constraints in the market. To add, value to product and services research report comprises of valuable insights with distinguishable traits that influence consumer’s behavior and demand. The report offers a measurable and verifiable method made towards analysis of market concentration, new entrants and the technological trends in future. Some of the key questions answered in this report: – Detailed Overview of EMEA (Europe, Middle East and Africa) Currency Counting Machines market helps deliver clients and businesses making strategies. – Influential factors that are thriving demand and constraints in the market. – What is the market concentration? Is it fragmented or highly concentrated? – What trends, challenges and barriers will impact the development and sizing of Currency Counting Machines market? – SWOT Analysis of each key player mentioned along with its company profile. – What growth momentum or acceleration market carries during the forecast period? – Which region is going to tap highest market share in future? – What Application/end-user category or Product Type may see incremental growth prospects? – What focused approach and constraints are holding the market tight? Any Query or Specific Requirement? Ask to our Expert @ https://www.htfmarketreport.com/enquiry-before-buy/1081443-emea-europe-middle-east-and-africa-currency-counting-machines-market-2 There are 15 Chapters to display the EMEA (Europe, Middle East and Africa) Currency Counting Machines market Chapter 1, to describe Definition, Specifications and Classification of Currency Counting Machines, Applications of Currency Counting Machines, Market Segment by Regions; Chapter 2, to analyze the Manufacturing Cost Structure, Raw Material and Suppliers, Manufacturing Process, Industry Chain Structure; Chapter 3, to display the Technical Data and Manufacturing Plants Analysis of , Capacity and Commercial Production Rate, Manufacturing Plants Distribution, Export & Import, R&D Status and Technology Source, Raw Materials Sources Analysis; Chapter 4, to show the Overall Market Analysis, Capacity Analysis (Company Segment), Sales Analysis (Company Segment), Sales Price Analysis (Company Segment); Chapter 5 and 6, to show the Regional Market Analysis that includes Europe: Germany, France, UK, Russia, Italy and Benelux; & Middle East: Saudi Arabia, Israel, UAE and Iran;, Currency Counting Machines Segment Market Analysis (by Type); Chapter 7 and 8, to analyze the Currency Counting Machines Segment Market Analysis (by Application [Commercial, Retail & Other]) & Type [Basic Note Counters, Hi Speed Heavy Duty Cash Countings, Intelligent Counting Cum Counterfeit Detection Machines & Other] Major Manufacturers Analysis of Currency Counting Machines; Chapter 9, Market Trend Analysis, Regional Market Trend, Market Trend by Product Type [Basic Note Counters, Hi Speed Heavy Duty Cash Countings, Intelligent Counting Cum Counterfeit Detection Machines & Other], Market Trend by Application Commercial, Retail & Other; Chapter 10, Regional Marketing Type Analysis, International Trade Type Analysis, Supply Chain Analysis; Chapter 11, to analyze the Consumers Analysis of EMEA (Europe, Middle East and Africa) Currency Counting Machines; Chapter 12, to describe Currency Counting Machines Research Findings and Conclusion, Appendix, methodology and data source; Chapter 13, 14 and 15, to describe Currency Counting Machines sales channel, distributors, traders, dealers, Research Findings and Conclusion, appendix and data source. Thanks for reading this article; you can also get individual chapter wise section or region wise report version like North America, Europe or Asia. About Author: HTF Market Report is a wholly owned brand of HTF market Intelligence Consulting Private Limited. HTF Market Report global research and market intelligence consulting organization is uniquely positioned to not only identify growth opportunities but to also empower and inspire you to create visionary growth strategies for futures, enabled by our extraordinary depth and breadth of thought leadership, research, tools, events and experience that assist you for making goals into a reality. Our understanding of the interplay between industry convergence, Mega Trends, technologies and market trends provides our clients with new business models and expansion opportunities. We are focused on identifying the “Accurate Forecast” in every industry we cover so our clients can reap the benefits of being early market entrants and can accomplish their “Goals & Objectives”.
  7. The central bank goes beyond the red lines

    Thanks Buti ,Thug.....................
  8. Military build up in Iraq , surrounding Seas by multitudes of countries . Open airspace that's never been open . New satellite launches by different countries . National Guard to the border of Mexico . They are preparing for a major event .
  9. ://www.cnbc.com/2018/04/12/irans-currency-crisis-brings-it-one-step-closer-to-economic-collapse.html....... Iran’s currency crisis could bring it one step closer to economic collapse Iranians are scrambling for U.S. dollars as Iran's currency, the rial, plummets to historic lows amid economic and political uncertainty. The rial has lost one-third of its value this year alone and is now 60,000 to the dollar. The crisis threatens to strengthen hardliners and undermine political stability. Natasha Turak | @NatashaTurak Published 5 Hours Ago Updated 5 Hours AgoCNBC.com AFP PHOTO | ATTA KENARE Iran's currency, the rial, has plummeted to an historic low amid growing economic and political uncertainty, causing a rush to the banks as Iranians desperately try to acquire U.S. dollars with exchanges forced to shut their doors to prevent long and chaotic lines. If unchecked, the crisis, combined with further deteriorating relations with the U.S., could spell severe instability for the Islamic republic. The rial has lost one-third of its value this year alone. The currency is now 60,000 to the dollar; when Iranian President Hassan Rouhani took power in 2013 a dollar bought 36,000 rials. The devaluation has been essentially continuous since the country's 1979 Islamic Revolution, when one dollar bought 70 rials. To stem the mounting panic, Tehran announced this week that it was setting the official exchange rate at 42,000 rials to the dollar, going against the market — and threatening harsh punishments, including detention, for anyone trying to exchange money at a different rate. This should keep things under control, for now, said Iran researcher Henry Rome of political risk consultancy Eurasia Group. "The policy change, combined with new restrictions on foreign currency holdings, will likely succeed in arresting the rial's collapse in the immediate term," he said in a research note, adding that the government has sufficient foreign reserves to pull this off. Still, it will continue to hurt Iranian import and export businesses, which have difficulty accessing currency from the government and rely more on black market exchanges. Iran's woes are not due to a trade imbalance; non-oil exports in 2017 were $47 billion and oil sales hit $55 billion, leaving a currency surplus of $17 billion. The crisis is actually in accessing currency notes, which is estimated at only 5 percent of all foreign currency in Iran, while the rest is available in the form of credits for business. AFP PHOTO | ATTA KENARE Corruption, internal fighting and fear of new sanctions are all factors in the rial's demise. And the money made in exports struggles to return to Iran, as international banks are still reluctant to enter the country for fear of brushing up against remaining U.S. sanctions. Potential collapse of the Iran nuclear deal The 2015 signing of the Iran nuclear deal, which lifted numerous economic sanctions on Tehran in exchange for restrictions on its nuclear program, has been a lifeline in reviving the country's battered economy. But it has not attracted investment at the rates hoped by the Iranian government, and amid vocal opposition to the deal from President Donald Trump, chances of its survival beyond May are looking slim. This, says Rome, would be the biggest blow to the economy, re-imposing restrictions and dangerously compounding Iran's current dollar shortage. "The return of secondary sanctions would most likely put extreme strain on Iran's economy and cause demand for the dollar to spike," he said. "It is unlikely the central government could maintain a rate at 42,000 rials under those circumstances." It also has further political implications for the country of 80 million, and threatens to undo some of the progress seen since the signing of the Iran deal. Since that time, more "moderates" have been elected to government, buoyed by many Iranians' hopes of greater rapprochement with the West and therefore better economic conditions. An opportunity for hardliners? "For the hardliners, (this) is an opportunity to restrict access to the country and by people in the country to the outside world," said Richard Nephew, an adjunct professor at Columbia University who formerly served as the lead Iran sanctions expert at the U.S. State Department. "This concept of economic resistance is very attractive to them, as they see that openness can damage and undermine their control." Iran's economy is dominated by the conservative and anti-American Iranian Revolutionary Guard Corps, the branch of Iran's military devoted to protecting its Islamic republic system. Events like this test the tensions between Rouhani, seen as a relative moderate, and the farther-rightwing forces in the country opposed to greater engagement with the West. "This appeared to be a direct shot across the bow of hardliners, who have been accused of hoarding dollars to undermine Rouhani," Rome said. Still, he doesn't believe these hardliners are likely to undermine Rouhani's efforts to stabilize the currency in the near-term, however long those efforts might hold. "Combined with this new regulation, public pressure will increase on hardliners not to obviously sabotage Rouhani's new efforts," he said. Economic discontent led to numerous street protests across Iran at the year's start, with thousands of people arrested. Eurasia predicts a 65 percent probability that the nuclear deal will collapse in Trump's first term, and on top of the current currency fears, risks pushing Iran's economy that much closer to collapse.
  10. www.tasnimnews.com/en/news/2018/04/11/1698412/iran-serious-in-replacing-us-dollar-with-euro-in-transactions-official... Iran Serious in Replacing US Dollar with Euro in Transactions: Official TEHRAN (Tasnim) – Governor of the Central Bank of Iran (CBI) Valiollah Seif said the country’s cabinet members plan to approve a plan to replace the US dollar with euro in transactions with foreign countries. April, 11, 2018 - 19:20 Economy Comments The issue of changing the currency used in foreign transactions from the US dollar to euro is serious and its plan will be approved by the cabinet in the near future, Seif told reporters on the sidelines of a cabinet session in Tehran on Wednesday. He further pointed to the administration’s decision to unify the official and open market exchange rates and said it has had positive effects on the country’s economy. The measures taken to control the currency market have short-time and long-time effects, the official said. He went on to say that ruling the country’s economy and preventing it from being vulnerable to the enemies’ conspiracies are among the long-time effects of the decision. Speaking at an open session of the parliament on Tuesday, Seif explained about the currency slide in recent days, during which the US dollar jumped up to 60,000 rials in the open market in Tehran while it was worth 36,000 rials in mid-September. He pointed to the administration’s policy to unify the official and open market exchange rates, saying that the price of the US dollar would be 42,000 rials in both markets as of Tuesday. The Iranian official further pointed to his meeting with Leader of the Islamic Revolution Ayatollah Seyed Ali Khamenei about the currency slide on Monday and said during the session, he put forward a plan to replace the dollar with euro in foreign exchanges, which was welcomed by the Leader. The Iranian rial hit a record low against the US dollar for the second time in two months in the past few days, prompting some currency dealers to suspend trading.
  11. http://www.presstv.com/Detail/2018/04/11/558175/Iran-to-switch-to-Euro-as-official-reporting-currency-........ PressTV PressTeporting currency Wed Apr 11, 2018 02:03PM Home Iran Economy Valiollah Seif, the governor of the Central Bank of Iran (CBI), says a plan is on agenda for the government titch the US dollar to Euro as the official reporting currency. Iran has unveiled a plan to switch from the US dollar to Euro as its official reporting foreign currency in an effort which could be meant to reign in the rate of the greenback that hit multiple records against the Rial earlier this week. Valiollah Seif, the ntral Bank of IranI), was rted to have said the plan would be implemented immediately after the approval of the government. “Changing the reporting currency of the country is very serious …. This will be reasonable because it will have a primary effect on the economy,” Seif told reporters after a cabinet meeting. “An approval [to go ahead with changing the reporting currency] will e adopted by the govnounced to the public accordingly.” On Monday, Iran’s national currency tal plunged above 6 percent aganshis deteriorated a Rial depreciation streak that started over the past few months. At the end of trading on Monday, the greenback stood at above 60,000 Rials which was described by media as the highest ever recorded. PressTV-Dollar reaches record high against Iran’s Rial Iran’s national currency the Rial plunged above 6 percent against the US dollar to reach an all-time low record in free market on Sunday. This moved the government to move to control the hard currency. On Monday evening, First Vice President Es’haq Jahangiri said the US dollar would be sold in currency exchange shops at 42,000 Rials. The move was seen as an emergency action plan by the government to control the spiraling prices of the dollar but was largely met with skepticism. PressTV-Iran government moves to control Rial drop Iran announces that it will unify official and open market exchange rates following the Rial's recent plunge against the dollar. Over the past two days, selling the US dollar has literally stopped at currency exchange shops. Reports in Iran’s media said the shops still had to wait for new supplies of the injected into the market by the government at a rate announced by Vice President Jahangiri. That, it has been reported, could happen either on Wednesday – the last trading day of the week – or on Saturday – the first trading day of wee Watc Iran to switch to Euro as official reporting currency Wed Apr 11, 2018 02:03PM Home Iran Economy Valiollah Seif, the governor of the Central Bank of Iran (CBI), says a plan is on agenda for the government to switch from the US dollar to Euro as the official reporting currency. Iran has unveiled a plan to switch from the US dollar to Euro as its official reporting foreign currency in an effort which could be meant to reign in the rate of the greenback that hit multiple records against the Rial earlier this week. Valiollah Seif, the governor of the Central Bank of Iran (CBI), was reported to have said the plan would be implemented immediately after the approval of the government. “Changing the reporting currency of the country is very serious …. This will be reasonable because it will have a primary effect on the economy,” Seif told reporters after a cabinet meeting. “An approval [to go ahead with changing the reporting currency] will be adopted by the government soon and will be officially announced to the public accordingly.” On Monday, Iran’s national currency the Rial plunged above 6 percent against the US dollar in free market. This deteriorated a Rial depreciation streak that started over the past few months. At the end of trading on Monday, the greenback stood at above 60,000 Rials which was described by media as the highest ever recorded. PressTV-Dollar reaches record high against Iran’s Rial Iran’s national currency the Rial plunged above 6 percent against the US dollar to reach an all-time low record in free market on Sunday. This moved the government to move to control the hard currency. On Monday evening, First Vice President Es’haq Jahangiri said the US dollar would be sold in currency exchange shops at 42,000 Rials. The move was seen as an emergency action plan by the government to control the spiraling prices of the dollar but was largely met with skepticism. PressTV-Iran government moves to control Rial drop Iran announces that it will unify official and open market exchange rates following the Rial's recent plunge against the dollar. Over the past two days, selling the US dollar has literally stopped at currency exchange shops. Reports in Iran’s media said the shops still had to wait for new supplies of the greenback to be injected into the market by the government at a rate announced by Vice President Jahangiri. That, it has been reported, could happen either on Wednesday – the last trading day of the week – or on Saturday – the first trading day of the weekPre. Top
  12. The Recovery Of The Iraqi Dinar !

    Thank You Thug .... The launching of the conditional conditional payments program in Sadr City / 2 (where the conditional cash benefits provided for in Article 8 / II of the Social Protection Act No. 11 of 2014 on a trial basis for two years).....what kind of cash ???
  13. Question about the VND

    If the dong rose to .47 cents and the rupiah to 1.08 I would laugh all the way to several banks
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