Guest views are now limited to 12 pages. If you get an "Error" message, just sign in! If you need to create an account, click here.

Jump to content
  • CRYPTO REWARDS!

    Full endorsement on this opportunity - but it's limited, so get in while you can!

Recommended Posts

The dollar is dying      

 

 

23/07/2013 12:00 AM

Yasser incumbent

expectations of a number of experts, finance and economy collapse of the dollar is not at the global level because he is still master of the currencies in most countries of the world but مايهمنا at the level of the exchange rate in Iraqi dinars, we hope for the return of Iraqi dinar exchange rate against 3.3 dollars as it was, but this dream difficult to achieve and reach It is not possible to achieve in light of global variables but achievable to get into a price equal any one dollar against the dinar.

dream second can be achieved gradually, if we have a good deal this spirit of cooperation between the central bank and private banks, while led this cooperation to control the volatility that has plagued Sarsrv dollar these days.

Frouhah joint action and application instructions and procedures aimed at the central bank by private banks contributed to this done and required perpetuate this deal with crises and work in a spirit of team work one to achieve the common goal Alaoho achieve stability in the exchange rate in order to Aaneks on the performance of the Iraqi market trends in inflationary For اتحمد consequences.

response informed by private banks and support for the crackdown of the central bank contributed to the reduction of the dollar exchange rate against the dinar and return to prices prevailing before the crisis, the central and its repercussions were measures to reduce prices by banks to less than planned contribution to stop the fluctuation in the exchange rate and continued measures reduction at the expense of profits of banks that the price reached to 1180 dinars last Saturday but emerged this time is a healthy phenomenon by banks are competing in the reduction where informed Gulf Bank hour to prepare this column yesterday cut a new rate of tiger one so sold since this day by 1179 dinars.

thus permission requires dealing with this vital and important, and administration was the old central bank is trying to deliver Sarabv during the current year to 1,000 dinars, but the circumstances that engulfed بالمركزي prevented achieved, we see the possibility that the new administration to achieve the target if the pace of handling and dealing with banks for this style Upscale by the central bank.

and there are indications require access to this price, which is not the last but followed by a reduction of new progressive as I said until we achieve equal Aotsawi the real value of the Iraqi dinar due to يتسيد other currencies and the qualifications of the Iraqi economy and its potential is considerable and help to reach the exchange rate against JD dollars in phases expected to experts determined three years, subject to increase and decrease, respectively on the circumstances.

that expectations about the possibility of the return of the power of the Iraqi dinar but brings hope to achieve this dream, but what can we explain the exchange rate so in a country wealth humbling, these expectations were built on perceptions of experts from the exit Iraq and the salvation of the provisions of Chapter VII but ستؤول to achieve reform and economic stability and to achieve the goals, all in the forefront of the return of Iraqi dinar to its real power and this vision and perceptions must be accompanied by better performance and denial of departments efficient.

believe that the stability of exchange rates one of the most important means of achieving economic stability and Central Bank and the banks responsibility for achieving the goal of price stability and the return of the real value of the Iraqi dinar to the dollar collapses fact in front of our national currency.

 

 

Link to post
Share on other sites

To me this is a very positive article and to start using your OWN damn currency.

 

 

heres some thoughts from bondlady:

 

[tlm724] BondLady    ma'am and awesome article !! *hallelujah* and good morning everyone . I have a lil to say about that article too if you all don't mind    

   [tlm724] its this sentence and then i want to show you something "but achievable to get into a price equal any one dollar against the dinar. dream second can be achieved gradually, if we have a good deal this spirit of cooperation between the central bank and private banks"

[tlm724] price equal any one dollar, spirit of cooperation, central bank and private banks, ok now look at this

Shield Association of private banks to the central bank governor 07/22/2013 12:00 AM Baghdad morning honored by the Association of private banks in Iraq, Iraqi Central Bank Governor Dr. Abdul Basit Turki Saeed granting Shield Association during a working breakfast hosted by the Association of Hotel Ishtar. 

and banquet was attended by a number of members of the House of Representatives and heads of professional bodies and a number of government officials and the general managers of the banks, government and the heads of the boards of directors of private banks and members of the Central Bank and a number of businessmen. 

delivered the President of the Association of private banks in Iraq, Adnan al-Chalabi, a welcoming speech to come, pointing out the role of conservative care and assigning the banking system in Iraq. 

Chalabi stressed that the goals that seeks Association to achieve does not depart from those espoused by the central bank. In a speech stressed the central bank governor importance of deepening cooperation between the banks and the central bank to achieve the goals that are in the framework of progress and development of the Iraqi economy, and hoped to continue to banks in the correct track towards better performance service of national interests. 

were private banks have responded to the directions of the Central Bank and his quest to reduce the dollar exchange rate and succeeded in restoring stabilityhttp://www.alsabaah.iq/ArticleShow.aspx?ID=50604

[tlm724] stressed the central bank governor importance of deepening cooperation between the banks and the central bank to achieve the goals that are in the framework of progress and development of the Iraqi economy,  were private banks have responded to the directions of the Central Bank and his quest to reduce the dollar exchange rate and succeeded in restoring stability

[tlm724] *hallelujah*

[sisterbreen] *hallelujah*

[tlm724] are you getting this ?  

[sisterbreen] tlm724 yessssssssssssssssss

[sMOOTH] tlm724 *hallelujah*

[marjans] great

[tlm724] let me show you one more thing

Economic parliamentary calls for the central bank to support private banks to encourage domestic investment Baghdad - and babysit - called a member of the Committee on Economy and Investment parliamentary Aziz Sharif Mayahi the central bank to support private banks to encourage inward investment. 

Mayahi said in a press statement that "economic development in continuous progress and private banks are considered one of the most important pillars of the introduction of investment and development projects, and should be for the development of the domestic economy to support those banks in every way official and legitimate." 

"The / United Bank for Investment / capital reached nearly 300 billion dinars, and this makes it the first Iraqi bank to reach this level of capital which is evidence of the recovery of the Iraqi economy and move the proper ration the road wheel."

 Mayahi said, "that this matter makes the Central Bank of Iraq in front of a large responsibilities to support those banks down to provide solid ground for the development of the banking business, including economic and creates a competitive environment for the global economies," http://alrayy.com/88192.htm

[raindrop1] I see there is more excellent news this morning, wow

[marjans] evidence of recovery....nice

[tlm724] IMO only, I think they have prepared and have already laid the groundwork for an increase , just sayin ..hey I was really excited about that article, now we need Turki to  show us what he's got , so to speak

Edited by easyrider
  • Upvote 1
Link to post
Share on other sites

There is one guarentee: The Real Value of the dinar even with the trillions in circulation is more than the ridiculous .0009 to 1 program rate

That is correct...regardless of what it comes out at 400:1, 700:1, 20:1....we'll see something in our favor.  Any move in the right direction will place confidence in the currency.  It needs confidence to appreciate....

Link to post
Share on other sites
Guest
This topic is now closed to further replies.
  • Recently Browsing   0 members

    No registered users viewing this page.



  • Testing the Rocker Badge!

  • Live Exchange Rate

×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.