CBI says IQD to improve

[SocalDinar]

Sorry If this has already been posted..

 

 

BAGHDAD / obelisk: parliamentary sources confirmed the economic, Tuesday, that the price of the Iraqi dinar will rise against the dollar's decline in the coming days in the light of the steps taken by the Central Bank of Iraq.

A source in the Iraqi Central Bank for "obelisk", "The parliamentary officials and economists praised the decline witnessed by the exchange rate of the dollar and the high price of the Iraqi dinar in the light of the steps taken by the Iraqi Central Bank and banks in this area, which is reflected in this activity."

The source added that "it is expected to continue this decline of the dollar and that the Iraqi witness Iraqi dinar biggest improvement over the next few days, according to the Central Bank and indicators of market movement.". Recommended that a report by the International Monetary Fund (IMF), Tuesday, Iraq pace of structural reform to boost growth and job creation in the private sector, and the need to continue the good governance of foreign reserves at the Central Bank of Iraq and the Development Fund for Iraq. The banking source familiar confirmed for "obelisk" in (19 of July of this), that the Association of Iraqi banks agreed with the Central Bank to reduce the dollar exchange rate cash to 1180 dinars instead of 1184 Iraqi dinars as of last Sunday, with the expectation that you responded to all banks For this initiative, he pointed out that this reduction will bring great benefit to the citizen.

http://translate.googleusercontent.com/translate_c?depth=1&ei=u9RmUfGyNYa7igLa-4G4Dw&hl=en&prev=/search%3Fq%3Dnahrain.com%26hl%3Den%26biw%3D1280%26bih%3D891&rurl=translate.google.com&sl=ar&u=http://www.almasalah.com/ar/NewsDetails.aspx%3FNewsID%3D14708&usg=ALkJrhjKQt4CSLlIPazZycKjv5J1vIXHTw

[Alex38]

we talkin "pips" here? or some serious movement in "the next few days"? we don't know...

[tkeaton]

Thanks, Socal. That's a drop in the bucket compared to what we're looking for, but hey, right direction at least.

 

I think I have seen this before but thanks for posting it.

[zigmeister]

we talkin "pips" here? or some serious movement in "the next few days"? we don't know...

We are talking pipes here....we need some while we wait.

[blaineage]

Quite frankly 4 dinar move doesn't mean pip!

[Alex38]

We are talking pipes here....we need some while we wait.

good enough.

[keylime]

I love this ending...."this reduction will bring GREAT benefit to the citizen..."...LOL!  What citizen? The citizen of " I...Lack".

 

4 teeny weeny points?  1184 to 1180 will bring "Great Benefit"?

 

What kind of benefit?  Oh yeah. ...."GREAT" benefit...LOL!! 

 

Are these politicians out of touch were their people or what?!

 

What possible great benefit could this miniscule reduction or should I say "Peaduction" as in the size of one.....bring?

 

Give me a break.......

[waterman13]

GO RV @ $3.33

WM13

 

You will all see what  mean in a few days.

Edited July 23, 2013 by waterman13

[rico1]

You would think if they really wanted the rise of the dinar against the dollar the CBI would rather let it float or change the rate and not complain about the street rate.

[vomer]

Gladys Knight and the Pips?

[Tripphood]

4 pips doesn't sound like great benefit to the citizens.

[ezrapound]

Gladys Knight and the Pips?

Mysterion and the question marks...

[sandfly]

LAST WEEK, DIDNT THEY SAY THEY WAS GOING TO DO IT THIS PAST WEEKEND

[ezrapound]

And the week before that, and the week before that...ad nauseum...

[thesjeske]

Gladys Knight and the Pips?

Gladys Knight and the 4 Pips

[txdinargirl]

Honestly, I'm happy to see this. When I started in this opportunity, we were the only ones talking about the value of the dinar. Iraq was too busy with too many other issues to discuss what their dinar was doing against the dollar.

 

It may seem like a teeny tiny step, but I'll take it. At least " I heard it through the grapevine" -- they're "not giving up" - they just "don't wanta get it wrong". Even if I've got to "use my imagination" I'm going to "ride the midnight train to Georgia" or to the nearest cash in location, whichever comes first.

 

[millionaire in training]

GO RV @ $3.33

WM13

 

You will all see what  mean in a few days.

FROM YOUR LIPS TO GODS EARS.............IM WITH YOU , GO RV @$3.33

You will all see what  mean in a few days.

 

What do you mean , What do you mean......Tell us dont make us wait.

[chefcavalli1]

I might be crazy. However I find this artical exciting. This is the CBI saying they're on board with the IMF artical. Tha was at least a dollar to dinar right?

Please correct me if I'm wrong maybe one to many glasses of wine ton night

Thanks

[IQD1217]

Banking sources: expectations down the dinar against the dollar in the coming days

 

http://translate.google.com/translate?depth=1&ei=WokBTPOiJZX4Na-tsTs&hl=en&prev=/search%3Fq%3Dnahrain%26hl%3Den%26client%3Dfirefox-a%26hs%3Dbh9%26rls%3Dorg.mozilla:en-US:official&rurl=translate.google.com&sl=ar&u=http://www.almasalah.com/ar/NewsDetails.aspx%3FNewsID%3D14708

 

Parliamentary sources confirmed the economic, Tuesday, that the price of the Iraqi dinar will rise against the dollar’s decline in the coming days in the light of the steps taken by the Central Bank of Iraq.

A source in the Iraqi Central Bank for “obelisk”, “The parliamentary officials and economists praised the decline witnessed by the exchange rate of the dollar and the high price of the Iraqi dinar in the light of the steps taken by the Iraqi Central Bank and banks in this area, which is reflected in this activity.”

The source added that “it is expected to continue this decline of the dollar and that the Iraqi witness Iraqi dinar biggest improvement over the next few days, according to the Central Bank and indicators of market movement.”

Recommended that a report by the International Monetary Fund (IMF), Tuesday, Iraq pace of structural reform to boost growth and job creation in the private sector, and the need to continue the good governance of foreign reserves at the Central Bank of Iraq and the Development Fund for Iraq.

The banking source familiar confirmed for “obelisk” in (19 of July of this), that the Association of Iraqi banks agreed with the Central Bank to reduce the dollar exchange rate cash to 1180 dinars instead of 1184 Iraqi dinars as of last Sunday, with the expectation that you responded to all banks For this initiative, he pointed out that this reduction will bring great benefit to the citizen.

Edited July 24, 2013 by Markinsa
Corrected Title | Added Link | Merged Topics

[magawatt]

Pip, pip, hurrah!

[SnowGlobe7]

I will believe it when I see it

[DinarThug]

Don't Just Sing It - Bring It !

Thx For The Post IQD !

[dinarholder253]

Cumming days! Oops not again, I need both of my eyes.

Go RV sooner than later!

[Psych]

1180 dinars instead of 1184...that's the improvement I think they are talking about.  Of course, I would love to be wrong here.

[caz1104]

1180 dinars instead of 1184...that's the improvement I think they are talking about.  Of course, I would love to be wrong here.

If true I will be cashin in.................time to buy my own island!!!!