kenshin7 Posted August 20, 2013 Report Share Posted August 20, 2013 (edited) okay found this and it is recent news also on currency newshound sorry it will not copy and paste Edited August 21, 2013 by Markinsa Removed Link for Currency NewsHound | See Forum Rules Link to comment Share on other sites More sharing options...
FlintNPebbles Posted August 20, 2013 Report Share Posted August 20, 2013 This the correct one Kenshin7? Finance Committee: CBI to apply mechanism to raise value of IQD prior to June 2014; The reliance on CBI monetary policy open Posted: August 20, 2013 in Iraqi Dinar/PoliticsTags: Central bank, exchange rate, Iraq, iraqi, Iraqi dinar, Monetary policy, United States dollar, United States Senate Committee on Finance | on 8/20/2013 Confirmed the parliamentary Finance Committee that “the first cause the dollar to rise against the Iraqi dinar lies in the political set by the Central Bank as the monetary policy pursued by the central bank with the companies and banks that deal with the bank.” A member of the Committee Faleh applicable to the newspaper “integrity electronic” that “the central bank told the Finance Committee in the House of Representatives will be followed by a new mechanism in place will contribute significantly raise the value of the Iraqi dinar ahead of next June will be the mechanism capable of raising the value of the Iraqi dinar against the U.S. dollar.” The force added that “the central bank to reduce the size of the companies that deal with it and put the money in the auction, which will lead to a reduction in the value of the dollar and reliance on monetary policy open without complicated procedures and controls and open a wider field of hopes the government banks.” It is noteworthy that the banknotes market witnessed a clear variation in the exchange rate of the U.S. dollar against the Iraqi dinar. http://bit.ly/18HIUtT Alternate translation: Financial: reliance on Central Bank monetary policy open| On 2013-08-20 The parliamentary Finance Committee stressed that “the primary cause of high dollar to Iraqi dinar lies in the political set by the Central Bank since the monetary policy pursued by the Central Bank with businesses and banks that deal with the Bank”. The Committee Member said Faleh Sari for daily “Alalam” that “the Central Bank told the House Finance Committee will follow the new theme mechanism will make a significant contribution in raising the value of Iraqi dinars before next June and will be the mechanism to raise the value of the Iraqi dinar against the US dollar.” He said in effect that “on the Central Bank to reduce the size of the companies that deal with money raised in the auction, which will lead to the reduction of the value of the dollar and rely on open monetary policy without complicated procedures and controls and opening wider the hopes of State banks. The banknote market has seen obvious variation in the exchange rate of the US dollar against the Iraqi dinar. http://bit.ly/19vorJI 2 Link to comment Share on other sites More sharing options...
TBomb Posted August 20, 2013 Report Share Posted August 20, 2013 Albzona: time coups passed without irreversible : the success of the initiatives out of the crisis depends on sincere intentions Royal: a coalition of citizen succeeded inserting paragraphs of his mission in the provinces Khafaji: call to continue the process of "revenge of the martyrs" the start of a session of the House of Representatives today in the presence of "194" deputiesFinance parliamentary: the reliance on central bank monetary policy open | on 8/20/2013 | Author Muhannad David | readings | Finance parliamentary: the reliance on central bank monetary policy openBAGHDAD / Raghad Doham Confirmed the parliamentary Finance Committee that "the first cause the dollar to rise against the Iraqi dinar lies in the political set by the Central Bank as the monetary policy pursued by the central bank with the companies and banks that deal with the bank." A member of the Committee Faleh applicable to the newspaper "integrity electronic" that "the central bank told the Finance Committee in the House of Representatives will be followed by a new mechanism in place will contribute significantly raise the value of the Iraqi dinar ahead of next June will be the mechanism capable of raising the value of the Iraqi dinar against the U.S. dollar." The force added that "the central bank to reduce the size of the companies that deal with it and put the money in the auction, which will lead to a reduction in the value of the dollar and reliance on monetary policy open without complicated procedures and controls and open a wider field of hopes the government banks." It is noteworthy that the banknotes market witnessed a clear variation in the exchange rate of the U.S. dollar against the Iraqi dinar. http://www.alestiqama.com/news.php?cat=business&id=2816 1 Link to comment Share on other sites More sharing options...
EagleEye Posted August 20, 2013 Report Share Posted August 20, 2013 what is wrong with these people ...... 1 Link to comment Share on other sites More sharing options...
Annika Posted August 20, 2013 Report Share Posted August 20, 2013 what is wrong with these people ...... I think it might be easier to say what's right with them, I didn't know assbackwardstan was the new Capitol of iraq 3 Link to comment Share on other sites More sharing options...
eburt Posted August 20, 2013 Report Share Posted August 20, 2013 We see the same articles year after year saying the same thing over over - I am begining to think this may not ever happen since there is no hurry for CBI to RV anytime soon. Very Very frustrating. I just wish one day we will get the truth...Thanks for posting... 1 Link to comment Share on other sites More sharing options...
NeedRv Posted August 20, 2013 Report Share Posted August 20, 2013 OMG...June 2014.... this is utterly ridiculous.... well guess Adam will be reopening the VIP... LOL 5 Link to comment Share on other sites More sharing options...
sandstorm Posted August 20, 2013 Report Share Posted August 20, 2013 Improve the market rate. Not the official exchange rate. The cbi tries to improve the value of the dinar in front of the dollar 5 times a week 5 Link to comment Share on other sites More sharing options...
Harry Santiago M. Posted August 20, 2013 Report Share Posted August 20, 2013 As usual... Link to comment Share on other sites More sharing options...
kenshin7 Posted August 20, 2013 Author Report Share Posted August 20, 2013 This the correct one Kenshin7? Finance Committee: CBI to apply mechanism to raise value of IQD prior to June 2014; The reliance on CBI monetary policy open Posted: August 20, 2013 in Iraqi Dinar/Politics Tags: Central bank, exchange rate, Iraq, iraqi, Iraqi dinar, Monetary policy, United States dollar, United States Senate Committee on Finance | on 8/20/2013 Confirmed the parliamentary Finance Committee that “the first cause the dollar to rise against the Iraqi dinar lies in the political set by the Central Bank as the monetary policy pursued by the central bank with the companies and banks that deal with the bank.” A member of the Committee Faleh applicable to the newspaper “integrity electronic” that “the central bank told the Finance Committee in the House of Representatives will be followed by a new mechanism in place will contribute significantly raise the value of the Iraqi dinar ahead of next June will be the mechanism capable of raising the value of the Iraqi dinar against the U.S. dollar.” The force added that “the central bank to reduce the size of the companies that deal with it and put the money in the auction, which will lead to a reduction in the value of the dollar and reliance on monetary policy open without complicated procedures and controls and open a wider field of hopes the government banks.” It is noteworthy that the banknotes market witnessed a clear variation in the exchange rate of the U.S. dollar against the Iraqi dinar. http://bit.ly/18HIUtT Alternate translation: Financial: reliance on Central Bank monetary policy open | On 2013-08-20 The parliamentary Finance Committee stressed that “the primary cause of high dollar to Iraqi dinar lies in the political set by the Central Bank since the monetary policy pursued by the Central Bank with businesses and banks that deal with the Bank”. The Committee Member said Faleh Sari for daily “Alalam” that “the Central Bank told the House Finance Committee will follow the new theme mechanism will make a significant contribution in raising the value of Iraqi dinars before next June and will be the mechanism to raise the value of the Iraqi dinar against the US dollar.” He said in effect that “on the Central Bank to reduce the size of the companies that deal with money raised in the auction, which will lead to the reduction of the value of the dollar and rely on open monetary policy without complicated procedures and controls and opening wider the hopes of State banks. The banknote market has seen obvious variation in the exchange rate of the US dollar against the Iraqi dinar. http://bit.ly/19vorJI yes thank you , Link to comment Share on other sites More sharing options...
VARusso Posted August 20, 2013 Report Share Posted August 20, 2013 They can't wait until next June.. This is Smoke.. 1 1 Link to comment Share on other sites More sharing options...
zigmeister Posted August 20, 2013 Report Share Posted August 20, 2013 So anytime before June 2014. Link to comment Share on other sites More sharing options...
Candy01 Posted August 20, 2013 Report Share Posted August 20, 2013 OMG...June 2014.... this is utterly ridiculous.... well guess Adam will be reopening the VIP... LOL I TOTALLY agree, NeedRv!! 1 Link to comment Share on other sites More sharing options...
thegente Posted August 20, 2013 Report Share Posted August 20, 2013 (edited) One thing the Iraqis excel at: Talking an issue to death, whilst taking no action whatsoever to produce any kind of an end result. They must be talking lessons from our government... Edited August 20, 2013 by thegente 3 Link to comment Share on other sites More sharing options...
_RFJ Posted August 20, 2013 Report Share Posted August 20, 2013 They can't wait until next June.. This is Smoke.. I've been in this for years and every time an article like this comes out people start hollering "smoke...smoke...smoke..." yet here we still sit. Everything I've seen labeled smoke, from countless delays delays on down to Shabibbi's ousting, has wound up being the truth. As such, I don't believe smoke exists in articles such as these. Go RV. 3 Link to comment Share on other sites More sharing options...
SocalDinar Posted August 20, 2013 Report Share Posted August 20, 2013 This is a shoebox investment everyone. I know it's hard to forget about but I'm trying 1 Link to comment Share on other sites More sharing options...
zigmeister Posted August 20, 2013 Report Share Posted August 20, 2013 I really do not know why everyone is getting their panties in a twist. For one thing, it appears this is a deadline of June 2014. In other words what ever they are planning has to be done before then. Whats more it appears this mystical mechanism has more to do with banks in the auctions. Which generally implies to street value of the dinar. Nothing to see here imo. 3 Link to comment Share on other sites More sharing options...
dinarbeleiver Posted August 20, 2013 Report Share Posted August 20, 2013 I am gonna take a stab. I think Iraq will be floating the dinar on forex and they expect by June for the dinar to have reached sizeable gains. 3 Link to comment Share on other sites More sharing options...
hame55 Posted August 20, 2013 Report Share Posted August 20, 2013 I really do not know why everyone is getting their panties in a twist. For one thing, it appears this is a deadline of June 2014. In other words what ever they are planning has to be done before then. Whats more it appears this mystical mechanism has more to do with banks in the auctions. Which generally implies to street value of the dinar. Nothing to see here imo. Right I am gonna take a stab. I think Iraq will be floating the dinar on forex and they expect by June for the dinar to have reached sizeable gains. Believer....from your pic I would assume you are republican....but you are in the UK....so that let's you off the hook..LOL 3 5 Link to comment Share on other sites More sharing options...
2fast4u2c Posted August 20, 2013 Report Share Posted August 20, 2013 I've been in this for years and every time an article like this comes out people start hollering "smoke...smoke...smoke..." yet here we still sit. Everything I've seen labeled smoke, from countless delays delays on down to Shabibbi's ousting, has wound up being the truth. As such, I don't believe smoke exists in articles such as these. Go RV. I think it will be at least 1 year..... Link to comment Share on other sites More sharing options...
_RFJ Posted August 20, 2013 Report Share Posted August 20, 2013 I think it will be at least 1 year..... Who knows, and I'm not doubting you but... Didn't they calculate like the next 3 budgets already with a rate? Like 1.18 / 0.86 or something like that? If they were going to wait more than a year for an increase why do that? Link to comment Share on other sites More sharing options...
sandstorm Posted August 20, 2013 Report Share Posted August 20, 2013 I've been in this for years and every time an article like this comes out people start hollering "smoke...smoke...smoke..." yet here we still sit. Everything I've seen labeled smoke, from countless delays delays on down to Shabibbi's ousting, has wound up being the truth. As such, I don't believe smoke exists in articles such as these. Go RV. absolutely.A rv of any significance, you won't read about beforehand. I don't want to hear a peep about the rv I'm looking for. Just want it to happen. Let them talk about after they do it. Rule of thumb......if they talk about increasing the value......99.9% it's always the market rate. The cbi gave no warning, no dates on the 1170 to 1166. And we should all expect the same next time. 1 Link to comment Share on other sites More sharing options...
dinarbeleiver Posted August 20, 2013 Report Share Posted August 20, 2013 RightBeliever....from your pic I would assume you are republican....but you are in the UK....so that let's you off the hook..LOL I liked bush more than I like obummer lol 6 2 Link to comment Share on other sites More sharing options...
nemesis760 Posted August 20, 2013 Report Share Posted August 20, 2013 I am gonna take a stab. I think Iraq will be floating the dinar on forex and they expect by June for the dinar to have reached sizeable gains. I want so badly for you to be right. Link to comment Share on other sites More sharing options...
Sweet baby dinar Posted August 20, 2013 Report Share Posted August 20, 2013 I don't think this is smoke. For years Iraq is not in a hurry. And they will never be. So putting an urgency on everything just doesn't line up. I'm thinking next year... But I pray for it ...soon. Link to comment Share on other sites More sharing options...
Recommended Posts