Tripphood

They've supposedly been working on banking for awhile, unless that was all Miliki propaganda. Pumping lies.

Ha ha, yeah. Misery loves company. Just kidding......things seem to be looking up.

I can almost say without doubt, it will not be an announcement of a RV but I believe it could be an announcement that Iraq is moving to a free market economy and that they are ready for investors. That could mean a rise in value of the dinar in the short order.

I hope you have a strong stomach......The ride is really fun at first....,then years later not so much. Here's to hoping.

I'll take a float please. I'd cash in a million for a nickel then wait for a higher price In the near future.

Maliki be like, didn't yall experience my bombings yesterday? Why aren't you calling to reinstate curfew?

...So then into the gazette?

Sounds good. Thanks Thug

Hm, so by the end of the day.....thanks easy.

I know I'm a bit off topic but where do you think ennorste is getting this number quote..., "There not only won't be an RV; there cannot be an RV with 42 trillion dinars in circulation"?

Well Kap has said that he believes that it will be a gradual appreciation over four years. That doesnt mean we will not see a chance to profit four years from now, and that is only if he is right. I know we are all frustrated with this slow moving train but our only option is to wait and see.

She didn't sing that song (Dark Horse) in the halftime show. She rode in on the large robotic tiger, singing "eye of the tiger". Not quite the "illuminati" halftime show many including myself were expecting.

Not good for "security" which Iraq needs in order to move forward. I hope this doesn't hamper the forward momentum.

Still here.

Think I accidentally hit neg instead of pos. Dang thumbs. +100 Thanks for the heads up with Umbertino. I never understood all of those dang music video postings! Hate them! Now that I know I will make extra effort to keep good posts alive and on the front page.

This sounds like possibly the best thing I've ever read pertaining to the value of the dinar rising. Vietnam, thank you for sharing this with us. I am officially EXCITED!!!

That's how I'm taking it Nelg. Normal not NORMAL.

I was assuming that you were talking about the $75 million cap ( in the budget) First auction after enactment of cap not sell more than $75 million CBI recorded sales of the dollar today, more than 74 million in its first auction in the month of February and after the enactment of the financial budget for the current 2015 obliging the bank not to sell more than $ 75 million in the auction. According to a statement of the bank received by all of Iraq [where] a copy of the "amount sold by the bank the size of today's auction at the price of the dollar stood at 74 million and 993 000 dollars at the exchange rate in 1166 dinars to the dollar and with the participation of 20 banks." He pointed out that "the quantity sold in cash amounted to seven million and 545 thousand dollars, and the quantity sold Khawwalat amounted to 67 million and 448 thousand dollars." The statement said that "the Iraqi Central Bank to continue buying and selling dollars at 1166 dinars," adding that "the sale of remittances price 1187 JD / dollar, including the commission of the Central Bank of 21 dinars per dollar, with total cash sales price of $ 1190 JD / dollar, including the commission Bank Central of 24 dinars per dollar. " The central bank has sold in the past month, more than $ 2.8 billion. It is expected that the dollar decline in auction sales this year, according to the law of the state budget, which began last Thursday, The law stipulates that the central bank is committed to identifying sales of hard currency [dollar] in the daily auction ceiling does not exceed $ 75 million a day with the exercise of justice in the sales process, and calls for participating in the auction the bank providing the introduction of cargo documents and statements of tax settling accounts and savings Alkmarki within 30 days from the date of buy it for the amount and otherwise apply to the bank penalties stipulated in the Central Bank Act or regulations issued it, and use other banking tools to maintain the strength of the dinar against the dollar. It was not known if the price of the Iraqi dinar will be affected by the application of this Article Observers fear that the lack of supply of the dollar in the markets will lead to a high price in dinars and is well known that the official price of the dollar is 1166 dinars while sold in the market at a price of 1220 dinars For his part, member of the Finance Committee Jabbar al-Abadi's [where] that "the budget is the law of one fiscal year and thus central bank is obliged not to sell more than $ 75 million in its daily auction during this year." He pointed out that "the central bank was selling to domestic banks amounts up to $ 300 million, the Finance Committee noted that this sale, reduce the hard currency in the bank and the country, and therefore requires, put restrictions on these sales, private, and these sales taint laundering operations funds so we put these restrictions designed to preserve the hard currency within the central bank ".anthy

I hear Ya. He is set on the one and only way (in his mind). Thing is, no one really knows. They could surprise us (I hope).

Ha ha, good thing he isn't here. I actually mentioned it (staging rate) where he could see it and I'm waiting for the tongue lashing. Because of the cap....

Sunday, February 1, 2015 [baghdad-where] He said in the parliamentary legal committee member, said there are a number of economic laws will go in the Council of Representatives of legislation in the next stage, stressing "the need to begin legislation oil and gas law." He said committee member Mohsen al-Sadoun told all of Iraq [where] "There is a body of laws we need it in the next phase and the Committee on Economy and Investment and the Commission services in the House of Representatives two which provide economic bills that fit the size of the budget in order to benefit the Iraqi people." He pointed out that "there are a number of laws to be submitted two committees in the next phase of the development of important projects come to the benefit of the Iraqi people and help the budget in supplying them with money." He stressed Sadoun "start legislation oil and gas law, which is an important requirement to regulate the relationship between the KRG and the federal government and how to invest these resources." The appearance of Mohammed Saleh economic advisor to the prime minister said Wednesday that the "general direction of the state is to end the sale of oil and the distribution of imports salaries for staff and operating expenses with the trend toward product people," expected to "witness Iraq's progress in the field of investment and the creation of a new investment climate and the first steps that the signing of the contract to build a petrochemical plant with Shell, and we consider it a breakthrough in depth Basttosmar oil wealth. " For his part, said the economic and investment commission parliamentary member Ahmed Salim, for [where] all committee agreement with Prime Minister Haider al-Abadi, the legislation of new laws for investment and the private sector, in order to attract investors and encourage them to enter the Iraqi market. " The House of Representatives has approved on Thursday the federal budget for fiscal year 2015 of $ 119 trillion dinars towards $ 105 billion and a deficit of 25 trillion Dinar. http://translate.google.com/translate?hl=en&sl=auto&tl=en&u=http%3A%2F%2Fwww.alliraqnews.com%2F

Please God let it be.......

Wish I could feel confident......guess I'm Jaded.

Yah, I don't understand all of the excitement over a budget. Budgets have never changed anything in the past.

Ha ha LOL. Good one! But, I don't want to take away the importance of Ronscarpas serious word for the lost. Thanks Ronscarpa.