Catluver67

what happened to Alak???

I sure hope it gets delivered before this pops! (How many times have I ordered and thought that??) lol ...7 years later

I do find it a little interesting that they have had an amendment to FML on the agenda lately. Below is a quote about it from an old post in March before it passed in May... He added that "the Committee is keen to enact the law of financial administration as it gives a complete road map of the financial policy in the country in terms of management of money and cash in the state," pointing out that "the change will raise the exchange rate of the Iraqi dinar against foreign currencies while maintaining the stability of inflation In the country". "The Commission is determined to make these changes during the next phase and not to follow the traditional methods are not appropriate at the moment."

Tuesday Sept 3rd I think

That was my take on it as well...falls into the over 20k prohibited category.

You mean to tell me we should have been off this ride in 2015 and no one noticed?! Dang! Lol!!!

I can’t imagine that they would educate about this very far in advance. It’s a non issue until they start de-dollarizing.

Brazil’s review was the 15th and was posted today.  Serbia’s review was the 17th and posted yesterday.

Brazil’s review was the 15th and was posted today. Serbia’s review was the 17th and posted yesterday.

They for sure had it on the schedule for the 19th...the countries that had reviews the days before them took about 2-4 business days to post their press releases...so I figure tomorrow - Thursday it should get posted.

Did they vote on these 2 positions?

Honduras reports were posted today...they were on the 15th. Burkina Faso was the 17th and it was posted today. So might be a few days before they post Iraq??

IMF - 2019 Article IV Consultation July 19 https://www.imf.org/external/NP/SEC/bc/eng/index.aspx?sort=date&year=

Bump...this sounds like huge news if it’s just going to 1 auction a week?? No more comments on it??? Bueller...Bueller...

Anyone know what part of July the IMF review is?

Anyone know when in July the IMF review is?

“Trillions from the bottom up”

I can think of a few other things they need to be removing...

“noting that the parliament received more than five drafts of the law during the previous two sessions.“ Interesting that they received 5 drafts in the last 2 session but we didn’t hear about that...seems they were working on it in the sessions and not saying anything about it...thoughts??

There’s nothing about 1-1 they are talking street rate and market rate.

At least 4 times already...

I'd love to see how many show up for this...maybe 3 people? And they are all related to him lol

It's a translation issue... It's a new 50 dinar coin that will be WORTH what 50,000 dinars is currently ($43) but marked as only 50...thus deleting the zeros. See the explanation from 2012 below. 'Iraq confirmed it will issue a new banknote valued at 50,000 dinars (US$43), but marked as 50 dinars.' Iraq planning new 50,000-dinar note Mar 08, 2012 11:45 AM Category: Middle East According to an article on Iraq-Business News dated 28 November 2011, the Central Bank of Iraq confirmed it will issue a new banknote valued at 50,000 dinars (US$43), but marked as 50 dinars. Deputy Chairman Dr. Muzher Saleh said the bank is working to issue this new money in addition to coins in both Arabic and Kurdish in an effort to address the liquidity problem in Iraq. Currently the largest denomination in Iraq is the 25,000-dinar note (Pick 96). The new currency will include symbols that reflect the diversity of Iraq’s sects and cultures including the Kurdish culture. “Iraq needs to support its economy and its currency through the issuance of a currency similar to foreign ones like the $100 bill,” Saleh added.

Bump... Sounds like Saleh is talking depegging from the USD...

I continue to be impressed with Abadi. He has done wonders for Iraq. I think he is definitely more than deserving of being in that top 100!