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Showing results for tags 'demand.'.
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Here's an article of Dinarian interests... Article suggests USD will remain strong after RV-RI due to demand. This could hurt us all when we exchange. May decrease in what we are expecting. Treat as a rumor. Not verifed. Your opine. Tlm724 Administrator Bondlady’s Corner: A Former Member Of Parliamentary Finance Identifies The Reasons For The Rise In The “Dollar”.. ARTICLE: There Is An Illusion. Former member of the Parliamentary Finance Committee, Ahmed Hama Rashid, identified, on Thursday, the reasons behind the rise in the Dollar in the parallel markets. Rashid said in an interview with Al-Maalouma, that “there is a misconception that has been promoted recently related to the fact that the price of the Dollar in the parallel markets will decrease with the approval of the 2023 budget. He added, “The exchange rate of the Dollar in the parallel markets depends on the principle of supply & demand & the start of implementing the 2023 Budget Law will mean the release of large sums of money that will lead to a greater increase in the purchase of the Dollar.” He pointed out that “the government’s treatments to contain the rise in the exchange rate of the Dollar were not sufficient until now,” stressing that “Iraq sells nearly 7 billion Dollars a month of oil, two billion goes to its multiple financial obligations & it sells in 5 weekly sessions 200 million Dollars each time, but it remains less.” From the increasing demand for hard currency & thus pushes up prices. The exchange rate of the Dollar in the parallel markets in Iraq witnessed a remarkable rise in the past weeks, reaching 147 thousand Dinars per 100 $, while the CBI set the exchange rate at 132 thousand Dinars per 100 $...Thursday, 22, P.M., Baghdad.
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Luigi found these articles of Dinarian interests... Finance Committee demands, then denies increase in exchange rate. Treat as rumors. Not varafied. Your opine. Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here Butterfly Friday 19, March 2021 08:35 The media office of the deputy for the Finance Committee, Majida Al-Tamimi, renewed its denial of the statements attributed to the deputy regarding the demand for an increase in the dollar exchange rate. Al-Tamimi’s media office stated in a statement, “Setting the monetary policy and determining the exchange rate are the prerogatives of the Central Bank exclusively under Article (4) of the Iraqi Central Bank Law No. (56) for the year 2004 as amended, and it is not the prerogative of the Finance Committee or the House of Representatives. "Bank in Switzerland Confirming Incoming Monies" by Thomas A: Dear Readers, I just wanted to let you that finally, after all those weeks and weeks and special Tuesdays, weekends, Mondays and other days of waiting. My contact here in Switzerland who is supposed to get monies from one of the parts of group Tier 0. Today got a call from his bank telling him “that there was something big coming towards his account” They wanted to bring it in on Monday, do the due diligence final check on Tuesday and set it free for him on Wednesday. This is what he was told today... The bank called him, not the other way round. So… as I remember, it was said at the beginning, that those monies from group Toer 0-3 were to be set free only at the same time when the appointments for Tier 4b were to be sent and set… It seems that the appointment emails are to come this weekend or early next week. Lets imagine this and accept it as reality. Have a nice weekend! Thomas
