[CBI NEWS 12/03/2020]

16 minutes ago, 6ly410 said:

Mr. Ali Mohsen Ismail, Governor of the Central Bank of Iraq

what happened to Alak???

[The Agenda for The Fifth International Conference and Exhibition of Finance and Banking in Iraq]

13 minutes ago, Officiallytook said:

That's it I'm getting another 500k asap, should I go with the Good ol 25k notes or something smaller?

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

[An emergency session of the House of Representatives tomorrow, Sunday]

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."

 

 

[Calls to speed up legislation in the oil and gas law]

Tuesday Sept 3rd I think

[Issuing a package of decisions related to the entry and exit of funds across the Iraqi borders]

1 hour ago, Half Crazy Runner said:

Actually, I think (or hope 😄) they’re saying it’s more than that. 

Amounts up to $10,000 are fine

$10,000-$20,000 require supporting documentation. 

And 1,000,000 dinars is prohibited. 

So, 1,000,000 dinars must be more than $20,000...? 

 

 

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

[Iran to delete 4 zeroes from the national currency]

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

[CBI News 07/25/2019]

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

[IMF Executive Board Concludes 2019 Article IV Consultation with Iraq]

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

 

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

[Go Iraq Part 2]

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

 

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

 

 

[IMF Executive Board Concludes 2019 Article IV Consultation with Iraq]

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. 

[The House of Representatives votes on the law of the Iraqi Maritime Authority and ends reading seven laws (expanded)​​​​​​​]

On 7/18/2019 at 12:37 PM, 6ly410 said:

Deputy: Candidates of the Office of Financial Supervision and the Central Bank will be put to the vote in Saturday's session next

 

Did they vote on these 2 positions?

[IMF Executive Board Concludes 2019 Article IV Consultation with Iraq]

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??

[Adam Montana Weekly 11 July 2019]

IMF - 2019 Article IV Consultation 

July 19

 

https://www.imf.org/external/NP/SEC/bc/eng/index.aspx?sort=date&year=

[CBI News 07/04/2019]

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

[3 Reasons to Invest in Iraq]

Anyone know what part of July the IMF review is?

[CBI News 06/20/2019]

Anyone know when in July the IMF review is? 

[Parliamentary finance identifies a reason why coins should not be minted and advises such a move]

8 minutes ago, Floridian said:

Didn't Trump recently say the United States will see a great wealth?

Now where is THAT supposed to come from, if not the Dinar in the Treasury revaluing?

 

“Trillions from the bottom up”

[The Special Squad talks about opening the Green Zone: We have set a timetable]

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

[The parliamentary law: the adoption of oil and gas law ends the dispute between Baghdad and Erbil]

“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??

[Central Bank: We have succeeded in ending the exchange rate gap]

1 minute ago, Flash101 said:

I see nothing about 1-1 Can anyone translate the link

 

101

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

[Al-Baghdadi was paralyzed and Afri most powerful man in Daash]

Thought he was suppose to be dead?

At least 4 times already...

[Fakhri Karim: Maliki lovers are trying to bring down the Abadi through demonstrations today]

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

[CBI is working to put the two categories, one hundred fifty thousand dinars of currency]

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.

[Economic Adviser to the servants, high dollar prices because of Article 50 of the Budget]

Bump...

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

["Time" American put Abadi within the 100 most influential people in the world]

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!