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The central bank goes beyond the red lines


Butifldrm
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Another Great Find Buti - Here’s An Additional Highlighted Version Of It ! ;) 

 

 

 

This Author Has Been In The News A Lot Recently With The CBI Governor Alak Appearing At His Book Signing During The Baghdad Int’l Book Fair 2 Weeks Ago And Significantly Bolstering Nusairi’s Credibility ! :o 

 

:D  :D  :D 

 

 

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The central bank goes beyond the red lines


7284.jpg 

 

13th April, 2018   Samir al-Nusairi

More than a month ago, the seeds of reform in monetary policy began to bear fruit and the cash market began to feel the results of the sound monetary policy applications adopted by the bank two years ago. These successes appeared in monetary stabilityrecovery of the Iraqi dinar and its appreciation against the dollar exchange rate. Due to Iraq's unstable political, economic and security conditions. 

Surprisingly, however, the appreciation of the Iraqi dinar continued despite electoral rivalries, US threats to Syria, a turbulent regional situation and the impact of Turkish and Iranian currencies. And the decrease in value compared to the Iraqi dinar and thus exceeded the red lines, and that the target set by the Central Bank is to reach the exchange rate of 1200 dinars per dollar has already been achievedwhich will be reflected on the decline in demand for the dollar in the window selling the currency and the parallel market in addition to the rise in oil prices,

Revenue reduces the deficit in "This confirms that the central bank and the banking sector played a key role in overcoming the economic and financial crisis, and supporting the state treasury and methods, procedures and new instruments in the application of monetary policy," emphasizes the main anti-money laundering and financing of terrorism, and strict adherence to international regulations and rules and standards and re-evaluation And the classification of banks in the light of the extent of their compliance with the compliance regulations and determine the last beneficiary in the window selling foreign currency and work new mechanisms in the pre-emptive control internally and externally led to higher value and purchasing power of the Iraqi dinar,Emerged as the reasons for the recovery of the Iraqi dinar is the plan and procedures for the central bank and cooperation with the banking sector and comply with the instructions and standards issued by the Central Bank. 

This confirms that the Central Bank and the banking sector played a key role in overcoming the economic and financial crisis, and supporting the state treasury and methods, procedures and new instruments in the applications of monetary policy, "mainly emphasizes the fight against money laundering and terrorism financing, and strict adherence to international regulations, rules and standards, The light of the extent of its compliance with the compliance regulations and determine the last beneficiary in the window of sale of foreign currency and the work of new mechanisms in the proactive control internally and externally led to higher value and purchasing power of the Iraqi dinar and this means that one of the main reasons for The Iraqi Dinar is the plan and procedures of the Central Bank and the cooperation of the banking sector with it and abide by the instructions and standards issued by the Central Bank. This confirms that the Central Bank and the banking sector played a key role in overcoming the economic and financial crisis, and supporting the state treasury and methods, procedures and new instruments in the applications of monetary policy, "mainly emphasizes the fight against money laundering and terrorism financing, and strict adherence to international regulations, rules and standards, The light of the extent of its compliance with the compliance regulations and determine the last beneficiary in the window of sale of foreign currency and the work of new mechanisms in the proactive control internally and externally led to higher value and purchasing power of the Iraqi dinar and this means that one of the main reasons for The Iraqi Dinar is the plan and procedures of the Central Bank and the cooperation of the banking sector with it and abide by the instructions and standards issued by the Central Bank. Bank Advisor

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32 minutes ago, DinarThug said:

Another Great Find Buti - Here’s An Additional Highlighted Version Of It ! ;) 

 

 

 

This Author Has Been In The News A Lot Recently With The CBI Governor Alak Appearing At His Book Signing During The Baghdad Int’l Book Fair 2 Weeks Ago And Significantly Bolstering Nusairi’s Credibility ! :o 

 

:D  :D  :D 

 

 

LINK

The central bank goes beyond the red lines


7284.jpg 

 

13th April, 2018   Samir al-Nusairi

More than a month ago, the seeds of reform in monetary policy began to bear fruit and the cash market began to feel the results of the sound monetary policy applications adopted by the bank two years ago. These successes appeared in monetary stabilityrecovery of the Iraqi dinar and its appreciation against the dollar exchange rate. Due to Iraq's unstable political, economic and security conditions. 

Surprisingly, however, the appreciation of the Iraqi dinar continued despite electoral rivalries, US threats to Syria, a turbulent regional situation and the impact of Turkish and Iranian currencies. And the decrease in value compared to the Iraqi dinar and thus exceeded the red lines, and that the target set by the Central Bank is to reach the exchange rate of 1200 dinars per dollar has already been achievedwhich will be reflected on the decline in demand for the dollar in the window selling the currency and the parallel market in addition to the rise in oil prices,

Revenue reduces the deficit in "This confirms that the central bank and the banking sector played a key role in overcoming the economic and financial crisis, and supporting the state treasury and methods, procedures and new instruments in the application of monetary policy," emphasizes the main anti-money laundering and financing of terrorism, and strict adherence to international regulations and rules and standards and re-evaluation And the classification of banks in the light of the extent of their compliance with the compliance regulations and determine the last beneficiary in the window selling foreign currency and work new mechanisms in the pre-emptive control internally and externally led to higher value and purchasing power of the Iraqi dinar,Emerged as the reasons for the recovery of the Iraqi dinar is the plan and procedures for the central bank and cooperation with the banking sector and comply with the instructions and standards issued by the Central Bank. 

This confirms that the Central Bank and the banking sector played a key role in overcoming the economic and financial crisis, and supporting the state treasury and methods, procedures and new instruments in the applications of monetary policy, "mainly emphasizes the fight against money laundering and terrorism financing, and strict adherence to international regulations, rules and standards, The light of the extent of its compliance with the compliance regulations and determine the last beneficiary in the window of sale of foreign currency and the work of new mechanisms in the proactive control internally and externally led to higher value and purchasing power of the Iraqi dinar and this means that one of the main reasons for The Iraqi Dinar is the plan and procedures of the Central Bank and the cooperation of the banking sector with it and abide by the instructions and standards issued by the Central Bank. This confirms that the Central Bank and the banking sector played a key role in overcoming the economic and financial crisis, and supporting the state treasury and methods, procedures and new instruments in the applications of monetary policy, "mainly emphasizes the fight against money laundering and terrorism financing, and strict adherence to international regulations, rules and standards, The light of the extent of its compliance with the compliance regulations and determine the last beneficiary in the window of sale of foreign currency and the work of new mechanisms in the proactive control internally and externally led to higher value and purchasing power of the Iraqi dinar and this means that one of the main reasons for The Iraqi Dinar is the plan and procedures of the Central Bank and the cooperation of the banking sector with it and abide by the instructions and standards issued by the Central Bank. Bank Advisor

Great job Thug on the color highlights.   

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True Story, that this article reminds me of: I had an Uncle Henry once. He was 75 and had a fair bit of money, but was very reluctant to spend any of it.

 

I asked him one time, "Why don't you spend a bit, enjoy yourself. What are you waiting for? Your old age? Sorry to tell you, but it's here already!"

 

He held on to his money, and died not long after that.:lol::reading-newspaper:

 

@IRAQ what are you waiting for? Your old age? Your oil will no longer be valued in a few decades, when the world finds another energy source. I follow this stuff. Replacing oil will happen in time.

 

....

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I wanted to re-translate in BING

 

 

 The central bank goes beyond the red lines.

Samir Alnsiri «Economy News»
  
 Articles

Samir Alnsiri *

More than a month ago the seed of reform in monetary policy began to bear fruit and the cash market began to seek out the results of sound monetary policy applications adopted by the Bank two years ago these successes emerged in monetary stability, the recovery of the Iraqi dinar and its high value compared to the US dollar exchange rate Economists and financial experts are worried about continuing stability due to Iraq's unstable political, economic and security conditions but the surprise that the value of the Iraqi dinar continued despite the electoral tensions and the US threats to Syria and the troubled regional situation and the impact of the currencies Turkish and Iranian and their devaluation compared to the Iraqi dinar so the red lines were crossed, and the target drawn by the bank central which is access to the exchange rate of 1200 dinars per dollar has already been achieved which will be reflected in the lower demand for the dollar in the Currency Sales window and in the parallel market In addition, oil prices are rising, raising revenues and reducing the deficit in the 2018 budget. This confirms that the central bank and the banking sector played an essential role in overcoming the economic and financial crisis, supporting the state treasury and new methods, procedures and tools in monetary policy applications ", confirming in a Fundamental to the fight against money-laundering and the financing of terrorism, strict adherence to international regulations, rules and standards and the revaluation and classification of banks in the light the extent to which they adhere to the compliance regulations and identify the last beneficiary in the Foreign Exchange window and to work with new mechanisms in internal proactive control Externally it has led to an increase in the value and purchasing power of the Iraqi dinar which means that one of the main reasons for the recovery of the Iraqi dinar is the plan the actions of the central Bank, the cooperation of the banking sector and compliance with the instructions and standards issued by the Central bank.

Banking Advisor

http://economy-news.net/content.php?id=11931

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Just thinking over this deal,  what a sweet spot for the dinar to be in,  Iran money going down in value , Syria  still in turmoil, turkey all over the place ,  would think that the Dinar would be a valuable commodity for the region ,  there is 2 of the country that would scrambled to get  neighbor currency than the evil dollar ... 

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