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New CBI announcement dated 03/05/2015


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From the CBI Site..

Auction remittances Ministry of Finance

Based on the Public Debt Act, which authorized the Ministry of Finance remittances treasury guaranteed issuance by the Government of Iraq and the Iraqi Central Bank as an agent financially Ministry of Finance manages Auctions remittances treasury Government of Iraq on behalf of the Ministry of Finance, which will, according to the determinants of the annual budget law by issuing money orders treasury for the purposes of government funding . and to reach the objectives of this funding and the Ministry of Finance has identified a system and mechanism for remittances Treasury Auctions Government of Iraq that will be held periodically it will stop accepting bids at ten o'clock in the morning and announce the results at the eleventh hour in the morning or later in the day.

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this  news  is  sooooooo   big   ,  we  will hear about  this   tomorrow !  {  really  , I think  Mondays   news  tidbits will have  more definitive  out comes  on this topic ,  for our sunday  roll out  would  be  too sooon    to  see results  as  of  yet  }

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Let's see what next week bring us.!

Go iraq

Go CBI

Go Remittances

Go dinar

Go strong

Go ASAP

 

I agree, LB, let's see what comes next week!  Thugs just posted that the Oil and Gas Law will arrive this week in Parliament.  This could be the final countdown...http://dinarvets.com/forums/index.php?/topic/198599-parliamentary-legal-oil-and-gas-will-arrive-next-week-to-parliament/

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wasn't sure where to post this - has anyone noticed this?

 

i saw this note posted on another site:

 

"have you noticed the difference on the cbi.iq website?

A few currencies have no rate
But the currencies in the sdr basket are still showing rates​"​

 

so I mosied on over to the cbi site and this is what I saw:

 

 

URRENCY CODE SELL BUY US dollar USD 1166.000 1164.000 Euro EUR 1290.645 1290.000 British pound GBP 1777.450 1776.562 Canadian dollar CAD ----- ----- Swiss franc CHF ----- ----- Swedish krona SEK ----- ----- Norwegian krone NOK ----- ----- Danish krone DKK ----- ----- Japanese yen JPY 9.733 9.728 Special
Drawing Rights SDR 1629.263 1628.449 Indicative rates - 08.03.2015

 

you'll have to go to the CBI site to see what I'm talking about - this table from the CBI site wont copy and paste as shown at the cbi site.

http://cbi.iq/

 

 

Are these only SDR currencies showing? 


Edited by TBomb, Today, 12:39 PM.

#13 icon_share.pngTBomb

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Posted Today, 01:11 PM

sml_gallery_39618_1121_700356.png

 

 

http://dinarvets.com...1121_700356.png


Edited by TBomb, Today, 01:12 PM.

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#14 icon_share.pngTBomb

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Posted Today, 01:32 PM

HAVE THERE EVER BEEN THIS MANY CURRENCIES MISSING FROM THE CBI SITE BEFORE? ARE THESE ONLY SDR BACKED CURRENCIES SHOWING?


Read more: http://dinarvets.com/forums/index.php?/topic/198312-isx-and-cbi/#ixzz3TpgXp4ex

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Its happens all the time TBomb....couple screen shots from the past...the USD stays the same..the others fluctuate                                                                   US dollar USD 1166.000 1164.000 Euro EUR 1327.025 1326.361 British pound GBP 1794.008 1793.111 Canadian dollar CAD 936.621 936.153 Swiss franc CHF 1255.518 1254.891 Swedish krona SEK 138.411 138.342 Norwegian krone NOK 153.350 153.274 Danish krone DKK 178.268 178.179 Japanese yen JPY 9.7999.794 Special

Drawing Rights SDR 1650.473 1649.648 Indicative rates - 16.02.2015

03/03/2015 

US dollar USD 1166.000 1164.000 Euro EUR 1309.068 1308.414 British pound GBP 1796.106 1795.208 Canadian dollar CAD ----- ----- Swiss franc CHF ----- ----- Swedish krona SEK ----- ----- Norwegian krone NOK ----- ----- Danish krone DKK ----- ----- Japanese yen JPY 9.728 9.723 Special
Drawing Rights
 SDR 1640.340 1639.520 Indicative rates - 03.03.2015 

 

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Butifldrm and I were talking about this the other day..as the SDR changes..due to the Fluctuation of the Euro and the Yen and one other divide by 3..which in turns changes the SDR rate...  

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Perhaps . . . .[ & I say this because after all, this is Iraq and we all know how this mob rolls ] . . . Perhaps, for Iraq they could have the Biggest week EVER that would cause people to be as Happy as Happy People who have something REALLY to be Happy about !!!!!

 

It's been a rough week in the Oil Patch . . . SOON, GREAT GOOGLEY MOOGELY, LET IT BE SOON !!!

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add this...Central tends to adopt a strategy to continue 5 years        


3/9/2015 0:00 
666-3339.jpg

 BAGHDAD - Hussein al-Tamimi Tgb 
examine the Central Bank and the Institute for the progress of policy development and a number of economists central role in supporting economic reform and the future requirements of the current stage, while the Governor of the Central Bank stressed the need for plans and programs represent a financial reform requirements in the country. 
President of the Institute d. Mehdi al-Hafez said at the beginning of the seminar, which was organized for this purpose: the audience of economists and central bank governor and director of the Office of the Prime Minister Tnaulo important issues including the role of private banks in the development of the economy and activating the role of financial Court, which is the main reference for solving problems with private banks. 
Governor of the Central Bank Ali Alak said (morning): The reform of the financial sector process need to plans and programs is measured by achievement of goals, also needs to be rational and administration implemented We must have the ability to do so. 
He added that the tasks of the central bank's future and wide and we are working to develop a strategy central to the work continues for (5) years to come aims to achieve big goals transferred to levels commensurate with the ambition. 
organization of work 


 and pointed out that the strategy detailed address all the challenges within the time frames, including the amendments of certain laws and regulation of banking and Islamic banking, as well as deposit insurance and the law of instruments of Islamic law. 
Keywords He noted that the central working on establishing institutions to guarantee deposits and small and medium enterprises, pointing out that the central ambition is moving to secure investment for major projects, is also working on the development of the debt market and tools, because there are no bonds of public debt, and this is an important tool in guiding the religion. 
He said he suggested to be A unified account of all state institutions in order to accrue interest over the central bank, stressing the need to expand the adoption of electronic payment for its importance in controlling liquidity movement. 
Among the importance of breaking the monopoly of government banks in dealings with state institutions and Aidaatha, indicating that the central works in cooperation with the economic and governmental Committee to reduce this monopoly and give private banks a chance in the big trade with the state institutions management. 
Keywords continued by saying that the central adopted a project of banks to assess and classify This is necessary to deal with these banks and paints a clear picture of the beneficiaries in the interaction with any of the banks. 
Association of private banks in Iraq expressed gratitude to the Central Bank of Iraq in the new orientations aimed to support the banking sector and corporate banks that suffer an imbalance in the work program.  
guardianship raise 


A statement of the association for its chairman and Wadih Handal as saying that the central bank is working hard towards lifting guardianship for bank Warka and the economy and that the measures taken for this purpose in final stages, pointing out that this is evidence of the extent of cooperation between the central and private banks, which is conducive to private banks to support and make it an important hub in the sustainable economic development process and reduce the burden on the Iraqi economy. 
It pointed out that the calendar control by the central bank for private banks is a positive step in the process of these banks. 
supportive environment 


concerned the honored banking Ali Tariq said that the cooperation between the central bank and banking civil health check of great economic feasibility of the country, where the private banking sector needs to activate its role in the economic life and this requires communication with the Central Bank of Iraq to create a supportive environment for the role real banks in the process of economic development.


Read more: http://dinarvets.com/forums/index.php?/topic/198608-central-tends-to-adopt-a-strategy-to-continue-5-years/#ixzz3TqRHN3rG

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OCR TRANSLATION BING

 

The Bank said the Iraqi almrimzi that banks will start implementation demanded Latvian lniaenha a grapes from Sunday 8 ^ 3 ^ 2015 following the completion of all the procedures and mechanisms by the banks.

 

http://cbi.iq/documents/press%20for%205-3-2015.pdf 

So they get their 72 white grapes after all. LOL If you don't know don't aks.

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OCR TRANSLATION BING

 

The Bank said the Iraqi almrimzi that banks will start implementation demanded Latvian lniaenha a grapes from Sunday 8 ^ 3 ^ 2015 following the completion of all the procedures and mechanisms by the banks.

 

http://cbi.iq/documents/press%20for%205-3-2015.pdf 

 

 

So they get their 72 white grapes after all. LOL If you don't know don't aks.

My guess is that banks will start implementation of making Champagne with the grapes to drink following the completion of all the procedures and mechanisms by the banks.

Sounds logical to me.

Edited by deniscanada
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