sonny1 Posted April 16, 2012 Report Share Posted April 16, 2012 http://www.dananernews.com/News_Details.php?ID=377 Kazem al-Saadi said the central bank needs to change policies rather than changing the leadership. The professor of economics at the College of Management and Economics at the University of Baghdad / for JD /: that the policies of the bank open and behind the deterioration in the price of hard currency, saying that the problem will not be changing the leadership of the Central Bank a comprehensive solution. She said Saadi, he can, the bank enhances the position of the currency if freed from the pressures faced by Kanfattah trade currency and the possibility of withdrawal of any amount by any person at any time he wants, pointing out that the solution lies in following the new policies, including a return to the stock market and the central control process sale for a dollar limit on a particular day in the volume of sales as a necessary step to get rid of the control elements that you drag the currency in large quantities, causing confusion in the volume of cash reserves at the bank, which often leads to high exchange rate of the dollar against the dinar. Saadi and stressed the need for the Bank shall determine the beneficiaries of the hard currency as a measure necessary in the current stage, noting that what is important is not who comes, but what he will do. The Iraqi market is currently witnessing a rise of the U.S. dollar against the Iraqi dinar, as sales rose from the Iraqi Central Bank foreign currency, while the central bank attributed the cause as well as to finance trade in the neighboring countries of Iraq by the merchants. The Deputy Governor of the Central Bank of the appearance of Mohammed Saleh in January 2012, for raising the price of the Iraqi dinar against the dollar during its sessions for buying and selling foreign currencies at the rate of four dinars, pointing out that the price of the dinar nominal is not commensurate with the purchasing power to him or the real price of the exchange rate of the dinar against the dollar . The Central Bank of Iraq by January 15 in the past buying and selling of the dollar and the price (1166) during the auction, which is evaluated daily and with the participation of 23 banks, after it was the buying and selling of the dollar price of 1170 dinars to the dollar. / Finished / 20 / 12 Link to comment Share on other sites More sharing options...
JOLLY ROGER Posted April 16, 2012 Report Share Posted April 16, 2012 It's nice to read article's that don't mention deletiing the 000's Thanks Sonny......... Link to comment Share on other sites More sharing options...
hame55 Posted April 16, 2012 Report Share Posted April 16, 2012 http://www.dananernews.com/News_Details.php?ID=377 Kazem al-Saadi said the central bank needs to change policies rather than changing the leadership. The professor of economics at the College of Management and Economics at the University of Baghdad / for JD /: that the policies of the bank open and behind the deterioration in the price of hard currency, saying that the problem will not be changing the leadership of the Central Bank a comprehensive solution. She said Saadi, he can, the bank enhances the position of the currency if freed from the pressures faced by Kanfattah trade currency and the possibility of withdrawal of any amount by any person at any time he wants, pointing out that the solution lies in following the new policies, including a return to the stock market and the central control process sale for a dollar limit on a particular day in the volume of sales as a necessary step to get rid of the control elements that you drag the currency in large quantities, causing confusion in the volume of cash reserves at the bank, which often leads to high exchange rate of the dollar against the dinar. Saadi and stressed the need for the Bank shall determine the beneficiaries of the hard currency as a measure necessary in the current stage, noting that what is important is not who comes, but what he will do. The Iraqi market is currently witnessing a rise of the U.S. dollar against the Iraqi dinar, as sales rose from the Iraqi Central Bank foreign currency, while the central bank attributed the cause as well as to finance trade in the neighboring countries of Iraq by the merchants. The Deputy Governor of the Central Bank of the appearance of Mohammed Saleh in January 2012, for raising the price of the Iraqi dinar against the dollar during its sessions for buying and selling foreign currencies at the rate of four dinars, pointing out that the price of the dinar nominal is not commensurate with the purchasing power to him or the real price of the exchange rate of the dinar against the dollar . The Central Bank of Iraq by January 15 in the past buying and selling of the dollar and the price (1166) during the auction, which is evaluated daily and with the participation of 23 banks, after it was the buying and selling of the dollar price of 1170 dinars to the dollar. / Finished / 20 / Seems to be the Iran/Syria thing here affecting dollars fleeing Iraq. The reason they made the recent exchange rate change. Now Saleh says in Jan. raise the price of the dinar to the dollar at four dinars - (paraphrased) So what does this mean? 25 cents? .25 exchange rate? Or am i dreaming? Link to comment Share on other sites More sharing options...
steveflex7 Posted April 16, 2012 Report Share Posted April 16, 2012 Bump Link to comment Share on other sites More sharing options...
blugrass60 Posted April 16, 2012 Report Share Posted April 16, 2012 Thanks for the post sonny. What are your thoughts on this? Link to comment Share on other sites More sharing options...
Laid Back Posted April 16, 2012 Report Share Posted April 16, 2012 Policy change = RV? Thanks for the post sonny1 1 Link to comment Share on other sites More sharing options...
Bama Nation Posted April 17, 2012 Report Share Posted April 17, 2012 Bump Link to comment Share on other sites More sharing options...
afields Posted April 17, 2012 Report Share Posted April 17, 2012 Sonny glad to see you stoped by, i like your thinking and opinion!!!! Link to comment Share on other sites More sharing options...
DinarWhiz Posted April 17, 2012 Report Share Posted April 17, 2012 bumpy bump Link to comment Share on other sites More sharing options...
PacoTaco Posted April 17, 2012 Report Share Posted April 17, 2012 I agree with Sonny, looks like policy change to me too and not leadership! Go RV! Link to comment Share on other sites More sharing options...
VIZIOIRAQI Posted April 17, 2012 Report Share Posted April 17, 2012 Sonny1 Nice one Bud love the Article Link to comment Share on other sites More sharing options...
caz1104 Posted April 17, 2012 Report Share Posted April 17, 2012 bump Link to comment Share on other sites More sharing options...
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