Synopsis Posted July 16, 2017 Report Share Posted July 16, 2017 8 minutes ago, Floridian said: Am I correct in thinking the banks are closed in Iraq today? I seem to remember reading that. If so, maybe they will RV when they open tomorrow. Hi Floridian and The Top Of The Morning To You! The work week in Iraq is our Sunday through Thursday. There was a CBI auction today for tomorrow. July 16, 2017 Foreign Currency Selling Window for 17-7-2017 that performed on 16-7-2017 Announcement No.(3483) Central Bank of Iraq's foreign currency selling and buying window opened its daily window on 17/7/2017 that performed on 16/7/2017 and the results were as follows Details Notes Number of banks 40 Number of remittance companies 10 Amount sold at auction price (US$) 159,019,911 Amount purchased at Auction price (US$) ----- Total offers for buying (US$) 159,019,911 Total offers for selling (US$) ----- 4 Quote Link to comment Share on other sites More sharing options...
gregp Posted July 16, 2017 Report Share Posted July 16, 2017 If you put one pound on one side of a scale and one pound on the other, what do you get? Quote Ali said the Keywords, the 'Bank seeks to achieve a balance between the sale of the dollar and keep it', i take this as one to one. I hope. Thanks all!! 9 Quote Link to comment Share on other sites More sharing options...
Floridian Posted July 16, 2017 Report Share Posted July 16, 2017 Okay, thanks Synopsis. 5 Quote Link to comment Share on other sites More sharing options...
boosterbglee Posted July 16, 2017 Report Share Posted July 16, 2017 Balance to me means.....1 to 1 6 Quote Link to comment Share on other sites More sharing options...
Jaygo Posted July 16, 2017 Report Share Posted July 16, 2017 12 minutes ago, boosterbglee said: Balance to me means.....1 to 1 Yep! 3 Quote Link to comment Share on other sites More sharing options...
denster Posted July 16, 2017 Report Share Posted July 16, 2017 If you want to attach Investors then the money has to rise to a level that can make money,the return here is too small,so the Governor is right raise the money too a better balance 3 Quote Link to comment Share on other sites More sharing options...
jg1 Posted July 16, 2017 Report Share Posted July 16, 2017 Bump it up a notch. 2 Quote Link to comment Share on other sites More sharing options...
DWS112 Posted July 16, 2017 Report Share Posted July 16, 2017 The country & currency must be on the international stage for real investment. 5 Quote Link to comment Share on other sites More sharing options...
Floridian Posted July 16, 2017 Report Share Posted July 16, 2017 Here's a reminder that I think needs to be in this thread also. Activation of Master Card service Activation of Master Card service is started in our branches in and outside Iraq. The Bank’s media office said in a statement that the Bank has issued trail Master Cards to its customers, where the card holder may withdraw its money from its account in any country or city without the need to carry cash, indicating that this step is similar to the developed countries which relies on it basically to promote their daily business. 13 1 Quote Link to comment Share on other sites More sharing options...
ChuckFinley Posted July 16, 2017 Report Share Posted July 16, 2017 49 minutes ago, outlawclg said: No way the CBI is saying we are going to raise the exchange rate.... They can't telegraph it, unless it is SOON. I hope it is, but my aribish is still poor. There is no way they should be telegraphing it, but after 14 years who is lessening. 7 Quote Link to comment Share on other sites More sharing options...
ChuckFinley Posted July 16, 2017 Report Share Posted July 16, 2017 17 minutes ago, Jaygo said: Yep! 1 to 1 has always been my stance. Like Randy has stated and I have said a million time. Why would you give up one USD and get .04 back. People are not going to give up the USD until it has parity. Go 1 USD to 1.20 Dinar. Take the .20 spread and make it 1 to 1. Everyone wins. 12 Quote Link to comment Share on other sites More sharing options...
Wiljor Posted July 16, 2017 Report Share Posted July 16, 2017 Good morning DV, lots of interesting articles after the official word from Abadi of the liberation of Mosul. Perhaps one day we will wake up and a rate change will be there. 8 Quote Link to comment Share on other sites More sharing options...
ChuckFinley Posted July 16, 2017 Report Share Posted July 16, 2017 1 minute ago, Wiljor said: Good morning DV, lots of interesting articles after the official word from Abadi of the liberation of Mosul. Perhaps one day we will wake up and a rate change will be there. Morning Wiljor,doing my part to push this along. Down side is I do not care much weight . 6 Quote Link to comment Share on other sites More sharing options...
outlawclg Posted July 16, 2017 Report Share Posted July 16, 2017 12 minutes ago, ChuckFinley said: There is no way they should be telegraphing it, but after 14 years who is lessening. Haha. You are probably right. Expect the unexpected from Iraq! 2 Quote Link to comment Share on other sites More sharing options...
Wiljor Posted July 16, 2017 Report Share Posted July 16, 2017 3 minutes ago, ChuckFinley said: Morning Wiljor,doing my part to push this along. Down side is I do not care much weight . A super day up to you Chuck, no worries amigo, things are moving along nicely and a solid foundation is in place. Lots of clean up in Mosul though and many displaced people but I do like what I. Seeing. 3 Quote Link to comment Share on other sites More sharing options...
fnbplanet Posted July 16, 2017 Report Share Posted July 16, 2017 1 hour ago, DinarThug said: which makes the central bank's policy to two options either to respond to the dollar to eliminate the margins and this will be at the expense of reducing the reserves of foreign currency or sell the sale and accept the margin of exchange rate rise This sounds like choosing between a hard peg (reducing reserves) and a float (accept the margin of exchange rate rise). 8 Quote Link to comment Share on other sites More sharing options...
ChuckFinley Posted July 16, 2017 Report Share Posted July 16, 2017 2 minutes ago, outlawclg said: Haha. You are probably right. Expect the unexpected from Iraq! It is really hard to take these guys seriously. Soon, in the Comming Days, news of how they single handle destroyed ISIS. Nothing happens and they forgot about the 20 or so countries who help out. You are right, expect the unexpected from Iraq, because there is no telling what the heck is going on. 6 Quote Link to comment Share on other sites More sharing options...
ChuckFinley Posted July 16, 2017 Report Share Posted July 16, 2017 7 minutes ago, Wiljor said: A super day up to you Chuck, no worries amigo, things are moving along nicely and a solid foundation is in place. Lots of clean up in Mosul though and many displaced people but I do like what I. Seeing. Have to agree, seems like we have moved on and started focusing on rebuilding which has force them to start dealing with issues. 3 Quote Link to comment Share on other sites More sharing options...
jg1 Posted July 16, 2017 Report Share Posted July 16, 2017 Really looks like, HCL done, international done and war is over. Please let it be increase in value next. 6 Quote Link to comment Share on other sites More sharing options...
Gypsygirl11 Posted July 16, 2017 Report Share Posted July 16, 2017 (edited) 20 minutes ago, fnbplanet said: This sounds like choosing between a hard peg (reducing reserves) and a float (accept the margin of exchange rate rise). Exactly! That's what I see also. O boy, I will gladly take either one at this point...just do SOMETHING. Edited July 16, 2017 by Gypsygirl11 6 Quote Link to comment Share on other sites More sharing options...
WheresmyRV? Posted July 16, 2017 Report Share Posted July 16, 2017 Just now, Gypsygirl11 said: Exactly! That's what I see also. O boy, Ill will gladly take either one at this point...just do SOMETHING. Amen! Just please do something! 4 Quote Link to comment Share on other sites More sharing options...
Rmc10 Posted July 16, 2017 Report Share Posted July 16, 2017 Is this a part of educating the citizens? 3 Quote Link to comment Share on other sites More sharing options...
Miamiheatnic Posted July 16, 2017 Report Share Posted July 16, 2017 Sounds like really great news! Come on! 1 Quote Link to comment Share on other sites More sharing options...
yusofsabri Posted July 16, 2017 Report Share Posted July 16, 2017 2 hours ago, gregp said: balance between the sale of the dollar and keep it', i take this as one to one. I hope. Yep. I agree. It does sound like one to one 3 Quote Link to comment Share on other sites More sharing options...
NEPatriotsFan1 Posted July 16, 2017 Report Share Posted July 16, 2017 I can feel it coming in the air tonight.... oh Lord! I can feel it coming in the air...... oh wait this is Iraq 3 Quote Link to comment Share on other sites More sharing options...
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