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Showing content with the highest reputation on 04/05/2021 in Posts

  1. The last auction was on March 31 when they approved the budget. It was only $3.7 million dollars and not cash sales. “banks stopped participating in the currency auction conducted by the Central Bank daily during the past week due to their fear of changing the exchange rate of the dollar in the budget that was approved last week ." They are forcing the people to use their dinars. This could mean the end of MCP and moving to IMF Art 8 compliance. Go CBI Go end of MCP Go Art 8 compliance Go international Go RV Go 2021
    20 points
  2. Interesting that one of the people I work with and check-in on about the Dinar told me last week that he was taking off from 02 April to 09 April. He is in the business sector but not in banking. This is like the 3rd or 4th Hmmmmm. I hope it is as we are all ready for this to go. 🙏
    17 points
  3. The currency auction stops for a week as a result of banks ’fear of changing the dollar’s price 2021-04-05 06:26 Shafaq News / A government source revealed on Monday that the currency auction was suspended for a week due to banks ’fear of changing the dollar’s price. The source said in an interview with Shafaq News that "banks have stopped participating in the currency auction that the Central Bank conducts daily during the past week due to their fear of changing the dollar exchange rate in the budget that was approved last week." He added, "It is expected that banks will participate in the auction and submit their requests to the bank to buy the dollar, starting from the current week," noting that "these requests will be implemented during the end of the week or the beginning of next week." On Wednesday (March 31, 2021), the Iraqi parliament voted on the federal budget law for the fiscal year 2021, with a deficit of more than 28 trillion dinars, and a tug of war that lasted for months. The general budget revenues amounted to more than 101 trillion Iraqi dinars, while expenditures were estimated at 129 trillion dinars. And some political blocs had called for a reduction in the price of the dollar in the budget, which made the price of the dollar affected in the local markets between rise and fall.
    10 points
  4. Monday, April 5, 2021 | 01:36 PM | Views: 186 The currency auction stops for a week as a result of banks ’fear of changing the dollar’s price On Monday, a government source revealed that the currency auction was suspended for a week due to banks ’fear of changing the dollar’s price . The source said that "banks stopped participating in the currency auction conducted by the Central Bank daily during the past week due to their fear of changing the exchange rate of the dollar in the budget that was approved last week ." He added, "It is expected that the banks will participate in the auction and submit their requests to the bank to buy the dollar, starting from the current week," noting that "these requests will be implemented during the end of the week or the beginning of next week ."
    10 points
  5. Remember, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq. RON *** Jeff *** Article: "Parliament welcomes Al-Kazemi's tour to Saudi Arabia and the Emirates: Iraq will return to its leadership role" Kazemi is meeting with many different countries. They're working towards achieving their economic independence and economic stability. They're showing you right now they technically don't have economic independence or stability at this time because they're actually putting that together right now...drafting bilateral trade agreements... *** Pimpy *** Question: [How long would it take for international banks to reinstate out of country?] What do you mean by 'out of country'? There is no 'out of country' or 'in of country'. When they redo the rate it's all at the same time...
    9 points
  6. yota691 199,539 Posted Wednesday at 10:12 AM Parliament transfers the budget from the dollar to the dinar to overcome the dispute Time: 03/31/2021 17:10:06 Read: 13 times {Policy: Al Furat News} The House of Representatives decided in its meeting held today, Wednesday, to convert the federal budget for 2021 from the dollar to the Iraqi dinar. A representative source said {for the Euphrates News} that "it was agreed to transfer the budget from the dollar to the Iraqi dinar, in order not to delay its approval and isolate it from the differences of the rise of the dollar." He pointed out that "a proposal was made to follow up on the issue of the dollar with the central bank and finance in other sessions without marketing the crisis to the budget after it was agreed to transfer the budget from the dollar to the dinar." Wafa Al-Fatlawi
    7 points
  7. Really and on what the hell Planet do you Live On ...Ford moved a Plant Back to the US, Steel Mills Re Opened, Coal Mines Re Opened, Drill Baby Drill and America was done with OPEC Oil, Gas was Cheaper than it was ever for the Previous 8 years Under obama. As for the rest of Your Dribble Trump was doing all he could with the Most Opposition the Left and the Lame Stream Media could Put Out there......Two...Count them Two Lame Attempts to Impeach a President for Nothing, No Factual Proof....In Fact the 1st Fake Evidence started the Year Before Trump even came out and Announced he was Running....The Flippin Russians Did It. (I am Surprised that didn't Start an International Conflict). Then the BS Capitol Deal set up days in advance by the Left and don't try blowing smoke up my ass about some Lame Qannon Shammen.....He is an Antifa Member and BLM Supporter and Pedo as well. Done with your BS....You have been Blocked and now reside with the rest of your Lame Stream Leftist Commie Pals that seem to Hate Any and All Things American. I will never know why Your Ilk are Tolerated here Boom, Done. Karsten Karsten
    7 points
  8. Either they build stronger wheelbarrows to carry they dinars, or give the Iraqi citizens purchasing power on the dinar! Shabibi stated gradual, spontaneous, no fanfare!
    6 points
  9. The Currencies, They Are A-Changin' Rob Dylan 🎵 🎸🎹 Come gather 'round DV people wherever you roam And admit that the currency waters around you have grown And accept it that soon your bank account'll be drenched to the bone And if your breath to you is worth savin' Then you better start GM smokin' or you'll sink like a stone For the times, they are a-changin' Come goat writers and Gurus who prophesize with your pen🦌💨 And keep your eyes wide, the chance won't come again 👀 And don't speak too soon for the RV wheel's still in spin And there's no tellin' where that it's landin' For the loser now will be later to win 'Cause the times, the currencies, they are a-changin'
    6 points
  10. You are not here for the RV...You are here to Stir the Pot of your liberal Agenda still taking Pot Shots at Trump.....Just in a very twisted way.....You claim to be nothing Yet you are no different than the rest at the 24/7 Bash Anything Trump while Lumpy Joe to Destroying the Country and the American Way of Life.......The Life you Claim to be Part of yet you don't seem one damn bit concerned about anything that is being done Presently. Karsten
    6 points
  11. Well this is a very interesting post: " Posted 5 hours ago The currency auction stops for a week as a result of banks ’fear of changing the dollar’s price First off, it's the CBI who decides whether the auctions are a go or not, not the banks. However, it the banks are so fearful, the auctions should still take place showing a zero demand for the dollar. There's always a demand for the dollar esp. in remittance - the purchase of imports into Iraq payable by an international currency the USD. The customer who would demand the USD would give the bank dinar for the currency exchange, the bank in turn would purchase on behalf of the customer the USD from the CBI at the currency auction. The bank itself doesn't take a risk so then why be fearful. Just a very odd and unbelievable headline in my opinion. One thing is sure, the currency auctions can't be functional with a Forex traded dinar.
    5 points
  12. LINK A source reveals that the auction sale of the work has stopped 5th April, 2021 An official in the Iraqi Central Bank said, Monday, that the currency auction has been suspended since last Wednesday, due to the failure of banks to buy the currency from the auction, fearing that the budget will be approved in a timely manner and its impact on the exchange rate. The source said to "Tigris", that "banks have enough reserves to trade for a number of days without buying from the currency auction." He added, "A number of banks have submitted the purchase request for currency from the auction, but the auction will resume on next Sunday, the beginning of the new week."
    4 points
  13. I hope that’s what’s they smell...and they have no word for fluffy: not that it has any bearing here, just thought I’d throw that in.
    4 points
  14. banks in Iraq ready for new exchange rate... wowwwww they can smell rv as i am
    4 points
  15. All of these leagues would be smart to just stay out of the politics.....with the 50/50 split all they do is alienate at least half of their base....or more.... Some business model....! CL
    4 points
  16. This "prodical son" is very troubled.....and his father.....the leader of the free world is his enabler... Hunter was married with 3 kids....his wife stood by him through during drug and fidelity issues..... His brother dies.....he starts banging his brothers widow....this comes to light and Hunter asked for his Fathers blessing.....he gets it in a public statement from Joe.... Hunter is then divorced and during this time fathers a child with a stripper....this didn't sit too well with his brothers widow....... All the while, by his own admission, Hunter was battling his addiction issues.....while picking up major foreign corporate positions along with big pay days......with businesses he knew nothing about...... His last clear headed move was to marry a girl he met 6 days prior......? I'll stop here.......how do you think this influences Dad Joe?.......how might this situation affect Joe in his decisions in dealing with Russia and China......? One more.....crack and under age kids in China...."c'mon man" CL https://nypost.com/2021/03/30/book-details-how-hunter-bidens-wife-found-out-about-affair-with-beaus-widow/
    4 points
  17. Btw - Guru Jeff Is The ‘Keister Bunny’ !
    4 points
  18. In the end... when all is revealed... the truth is out for all to see you will realize that it is, in fact, Biblical.
    4 points
  19. Patrick Byrne was the founder and CEO of Overstock.com.... He is well known for his prowess in the IT world.... including hacking..... Research his story and his history......he has clearly laid out the process used in the voting machine corruption....how, where, and when.......the why is pretty obvious..... CL
    4 points
  20. LINK Nechirvan Barzani to visit Baghdad Soon 04/05/2021 17:04:48 The chief advisor to the president of the Kurdistan region, Nechirvan Barzani, announced, on Monday, that the president of the region will visit Baghdad in the coming days to hold meetings with officials in Baghdad and take advantage of the opportunities available to solve problems. Falah Mustafa said in a press statement, "We are in contact with the offices of the Prime Minister and the President of the Republic to set a date for Barzani's visit to Baghdad," and it is likely that "the visit will take place in the coming days." Mustafa added that "the visit comes as evidence of the region’s president’s keenness to continue dialogue with the Iraqi parties to solve problems and take advantage of the available opportunities."
    3 points
  21. The CBI says one thing and the GOI says another. Hell, I am confused! I don't know what is going to happen...gessh!
    3 points
  22. Arrived from work, went to grocery store first, accident on road home not much of slow down, pulled up checked mail box, pulled up to house turn car off ----- yeah 4:44 right on the button
    3 points
  23. Been doing just that for a while now.
    3 points
  24. May 1, 2021! This is more good news to add to the investment. This should create a ton of jobs. "It will contribute to strengthening the water security and the economy of the country" Now stop talking and start doing!!
    3 points
  25. Hopefully, Currency auction stop means a rate change is coming s**n=smell rv at 3.22 usd?
    3 points
  26. He admitted smoking crumbs of food from the carpet .... YUK ... just a filthy JUNKIE
    3 points
  27. And really? The title of the book..... "Beautiful Things"......? Makes me want to puke! CL
    3 points
  28. The selling and buying prices of the dollar in Baghdad and a number of provinces 313 Economie 2021/04/05 10:40 ha Baghdad today - Baghdad The exchange rates of the dollar against the Iraqi dinar witnessed, on Monday (April 5, 2021) stability in the local markets and exchange in Baghdad and the provinces. And the selling price in exchange companies in Baghdad was recorded: 147,500, while the purchase price was 146,500. The sale price of the dollar in the northern regions was 147,500, and the purchase price was 146,500 In the southern regions, the sale price was 147,500, and the purchase price was 146,500
    3 points
  29. Iraqi water resources determine the date to start the implementation of the Makhoul Dam Iraqi Minister of Water Resources, Mahdi Rashid Al-Hamdani - Archives 05 Apr 2021 02:15 PM Mubasher: The Iraqi Minister of Water Resources, Mahdi Rashid Al-Hamdani, announced today, Monday, the date for the implementation of the Makhoul Dam project. Al-Hamdani said in a statement to the ministry that the date of the start of implementation of the Makhoul Dam is scheduled for May 1, 2021, as the Ministry of Planning approved its inclusion after the Ministry of Water Resources completed all the requirements of the stairs. He added that "the Makhoul Dam is one of the largest strategic projects after the year 2003," noting that "it will contribute to strengthening the water security and the economy of the country."
    3 points
  30. Watch all 4......just the facts.......not a right/left issue.......rather an American citizen issue! CL
    3 points
  31. Spring Meetings 2021 Curtain Raiser: Overcoming the Crisis and Building a More Resilient Economy
    3 points
  32. Digital Finance Monday 05th April 2021 46 Muhammad Sharif Abu Maysam Digital finance means enabling every citizen to obtain financial services through technology Modern. This digital finance is an important tool of financial inclusion programs, as it provides tremendous opportunities for increasing financial inclusion and expanding basic services in light of the widespread use of phones. Mobile. Accordingly, there is an opportunity available to activate electronic payment systems, in conjunction with what the repercussions of the Corona pandemic impose on the importance of remote dealing, to expand the range of financial services towards other sectors, after the electronic accounts base expanded and private financing outlets multiplied as a result of the salaries of more than four million people. An employee, a retired employee and a large number of citizens covered by social care and legal guardianship in the institutions of the Ministry of Justice, as well as the expansion of the form of electronic services, which varied between payment services through sales cards, travel cards and mobile services Bank. In addition to the programs that talk about the intention to issue a farmer's card in the direction of expanding work towards the sectors of agriculture, transportation and health, so that digital finance is a way to include the poor classes with financial services through technology, which has become accessible to all people in the most remote point in the country. From this realistic standpoint, which is based on a banking infrastructure that has had priority in preparation and preparation during the past years, the International Finance Corporation is talking today about the results of a study it conducted on the digital financial services sector in Iraq, where the experts of this institution will review the results of this study and how to benefit from them Through an interactive workshop called by this international institution, so that the attendees would be of those concerned with this matter, as well as those involved in financing the agricultural sector in Iraq. The huge development challenges facing the country require diligence at different levels, and among the most important of these levels is digital financial finance, which requires searching for new and different applications for digital finance in light of the administrative legacy based on red tape and bureaucracy in agricultural credit in particular, which will make receiving results The study conducted by IFC experts is meaningless without breaking the bureaucratic legacies in banking.
    3 points
  33. Delayed instructions disrupt the "budget" agreement between Baghdad and Kurdistan Monday 05th April 2021 59 Baghdad: Muhannad Ibb Al-Wahhab The parliamentary bloc of the Kurdistan Democratic Party hinted that there was a delay in the instructions of the Ministry of Finance to implement the budget agreement between the central government and the Kurdistan region, demanding that the quantities of oil be determined. A member of the Dyar Barwari bloc told Al-Sabah: that there are instructions that are expected to be issued by the Finance Ministry to determine some of the work steps of the committees implementing the budget agreement, calling for specifying the form of implementation of commitment to the items. He added that we need a period of no less than a month to fully organize the agreement and determine how to deal with its clauses, in addition to our need to schedule federal imports, expecting the escalation of political disputes from unnamed parties that oppose the government's approach to this agreement. He pointed out that the joint technical delegations between the central government and the Kurdistan region are continuing to work to achieve the region's obligations towards Baghdad, especially in drawing the form of the relationship between the Federal Ministry of Oil and the ministries of natural resources in the region, in addition to coordination with the Federal Office of Financial Supervision. As stated in the budget, 80% of the revenues come from oil, which includes 250 thousand barrels produced by the Kurdistan region, a condition imposed by the government to pay the salaries of employees, and the region's share amounted to three trillion and 300 billion as an investment budget. It is expected that the Council of Ministers will hold a session to approve the steps for implementing the budget within 30 days.
    3 points
  34. 3 points
  35. There’s a few on here who voted for Biden so that shows you how smart they are they enjoy high taxes ,the government controlling their life’s cause they can’t do it on their own ,they love open borders and voter fraud because it’s the only way they could ever win an election,they hate everything America,everyone’s a racist if you don’t agree with them,they look up to people like Biden Harris and they all have orange man bad still living in their heads
    3 points


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