The appearance of Mohammed Saleh: central bank intervention in the market cause a decrease rate of the dinar

[yota691]

The appearance of Mohammed Saleh: central bank intervention in the market cause a decrease rate of the dinar
 
      Wednesday   08   April   2015 | 14:08
 



 
 
Can not be in accordance with the budget law binding to sell $ 75 million a day, re-dinar to its former glory, but can work on the stability of a fixed amount sold
 
Central Bank intervention in the market have an impact on the low rate of the dinar also
  
Central Bank filed a complaint with the Federal Court to lift the paragraph that require him to sell a specific amount of the dollar in accordance with the budget law for 2015
 


Qurtas News / Baghdad
Economic Adviser to the Prime Minister, the appearance of Mohammed Saleh, on Wednesday stressed that the central bank should work to stabilize the price of the dinar in the market, especially after dropping significantly.
Saleh said in a statement to "Qurtas News" that "can not be in accordance with the budget law binding the sale of $ 75 million a day, re-dinar to its former glory, but can work on the stability sell a fixed amount," adding that "the central bank intervention in the market have an impact on the low price of the dinar, too. "
Saleh pointed out that "the decline in the price of the dinar a foregone conclusion, and it was expected to happen since the previous especially after the imposition sell a specified amount of the dollar in the federal budget law," adding that "demand for the dollar is too big and required by law to sell $ 75 million per day only."
"The central bank filed a complaint with the Federal Court to lift the paragraph that require him to sell a specific amount of the dollar in accordance with the budget law for 2015," adding that "the Bank during his complaint asserted that the bank decisions should not be determined by political in nature."

[Butifldrm]

 

 

 

 

 

The appearance of Mohammed Saleh: central bank intervention in the market cause a decrease rate of the dinar

 

 

Wednesday   08   April   2015 | 14:08

 

 

 

 

Qurtas News / Baghdad

Economic Adviser to the Prime Minister, the appearance of Mohammed Saleh, on Wednesday stressed that the central bank should work to stabilize the price of the dinar in the market, especially after dropping significantly.

Saleh said in a statement to "Qurtas News" that "can not be in accordance with the budget law binding the sale of $ 75 million a day, re-dinar to its former glory, but can work on the stability sell a fixed amount," adding that "the central bank intervention in the market have an impact on the low price of the dinar, too. "

Saleh pointed out that "the decline in the price of the dinar a foregone conclusion, and it was expected to happen since the previous especially after the imposition sell a specified amount of the dollar in the federal budget law," adding that "demand for the dollar is too big and required by law to sell $ 75 million per day only."

"The central bank filed a complaint with the Federal Court to lift the paragraph that require him to sell a specific amount of the dollar in accordance with the budget law for 2015," adding that "the Bank during his complaint asserted that the bank decisions should not be determined by political in nature."

http://www.alqurtasnews.com/news/93838/%D9%85%D8%B8%D9%87%D8%B1-%D9%85%D8%AD%D9%85%D8%AF-%D8%B5%D8%A7%D9%84%D8%AD-%D8%AA%D8%AF%D8%AE%D9%84-%D8%A7%D9%84%D8%A8%D9%86%D9%83-%D8%A7%D9%84%D9%85%D8%B1%D9%83%D8%B2%D9%8A-%D9%81%D9%8A-%D8%A7%D9%84%D8%B3/ar

[Butifldrm]

 

 

 

 

Dollar recorded a rise not seen for years in Iraq

Date: 04/08/2015 13:38

 

 

Information / follow-up / .. 
dollar exchange rate versus the Iraqi dinar, Wednesday, a remarkable increase was not recorded several years ago, while gold also recorded a rise of up to 256 dinars per weight, caliber 24. 
The total exchange rate (US $ 100), Wednesday , in the markets (131 550 Iraqi dinars), while the total exchange rate of 100 euros 143 500 Iraqi dinars, while the 100 pound sterling record amount of 194 750 Iraqi dinars. 
On the other hand, gold also recorded a rise in prices, as the price of a mustard-gold (24 carat) amount 256,000 Iraqi dinars, while the price of a mustard-carat gold (21 carat) 0.224000 Iraqi dinars, while the price of a mustard-carat gold (18 carat) 0.192000 dinars. Finished / 25 T.

 

http://www.almaalomah.com/news/16782/%D8%A7%D9%84%D8%AF%D9%88%D9%84%D8%A7%D8%B1-%D9%8A%D8%B3%D8%AC%D9%84-%D8%A7%D8%B1%D8%AA%D9%81%D8%A7%D8%B9%D8%A7-%D9%84%D9%85-%D9%8A%D8%B4%D9%87%D8%AF%D9%87-%D9%85%D9%86%D8%B0-

Edited April 8, 2015 by Butifldrm

[sandfly]

THANKS

[yota691]

Consultant Abadi reveals reasons for the high dollar selling price

• Agency eighth day
  
• April 9, 2015, 13:20
  
•  
  
• 51 Reading
  

 

BAGHDAD - ((eighth day))

Revealed the appearance of Mohammed Saleh economic adviser to Iraqi Prime Minister Haider al-Abadi, the reasons for the high price of the US dollar against the Iraqi dinar.

 

 

Saleh said that "the high sale price of the US dollar, came for many reasons, especially with the exposure of the Iraqi dinar financial crisis," adding that "the first reason for the rise is that the import momentum is not commensurate with the volume of exports, in terms of export prices."

 

And the appearance of Mohammed Saleh said that "most of the export in Iraq depends on oil, which saw a drop in prices over the past period," explaining that "this decline significantly affected the financial budget for 2015".

 

"The other reason is to put a paragraph in the fiscal budget sets the central bank sales of $ 75 million a day, and this effect on the rise of the dollar, because in the past, the Bank sells more than this figure," declaring that "the Bank provided an appeal to the Federal Court of a paragraph budget which restricted sales, and that this paragraph considered intrusive work ". | ST |

[Big_J]

"the exposure of the Iraqi dinar financial crisis" Just give it power to protect it. JMO

Edited April 9, 2015 by Big_J

[yota691]

Abadi adviser for "Khandan" For these reasons, the dollar rose sale

12:54: 04/09/2015

 

Khandan -ali Naji attributed the appearance of Mohammed Saleh economic adviser to Iraqi Prime Minister Haider al-Abadi, rise in the US dollar, to many reasons, including exposure of the Iraqi dinar financial crisis. Saleh said in a statement to "Khandan" that "high selling the US dollar, came for many reasons , especially with the exposure of the Iraqi dinar financial crisis, "adding that" the first reason for the rise is that the import momentum is not commensurate with the volume of exports, in terms of export prices. " and the appearance of Mohammed Saleh said that "most of the export in Iraq depends on oil, which saw a decline in prices during the last period, "explaining that" this decline significantly affected the financial budget for 2015 ". He added that "the other reason is to put a paragraph in the fiscal budget sets the central bank sales of $ 75 million a day, and this Atheraly high dollar price, because in Previously, the bank sold more than this figure, "declaring that" the Bank provided an appeal to the Federal Court paragraph budget, which restricted the sales, and that this paragraph considered intrusive to his work. "

[yota691]

Economic Adviser to Ebadi speaks about the reasons for the high price of the dollar against the dinar

•  
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09-04-2015 02:37 PM

 

 

Revealed the appearance of Mohammed Saleh economic adviser to Iraqi Prime Minister Haider al-Abadi, the reasons for rising US dollar against the Iraqi dinar. Saleh said that "the high selling US dollar, came for many reasons, especially with the exposure of the Iraqi dinar financial crisis," adding that "the first reason height, is that the import momentum is not commensurate with the volume of exports, in terms of export prices. " Among the appearance of Mohammed Saleh said that "most of the export in Iraq depends on oil, which saw a drop in prices over the past period," explaining that "this decline significantly affected the financial budget for 2015. " He added that "the other reason is to put a paragraph in the fiscal budget sets the central bank sales of $ 75 million a day, and this effect on the rise of the dollar, because in the past, the Bank sells more than this figure," declaring that "the Bank submitted an appeal to the Federal Court paragraph budget, which restricted the sales, and that this paragraph considered intrusive work. "

[Big_J]

[magawatt]

Which Glory Days is Saleh referring to?

[skeetdog]

Thanks Yota...The glory day I'm lookin' for is to get Article 8 compliant so the HCA can mysteriously  metamorphosize  into a HCL and let's Iraq's valued dinar take wings and fly up into the great unknown...and we live happily ever after....

[hammer911]

Which Glory Days is Saleh referring to?

Yea. What he said...

[chinadawg]

skeet, I may be wrong, But I THINK THE DINAR WILL HAVE TO BE INTERNATIONAL TRADED WITH A REALITY RATE (of some sort) before  it could become aticle 8 compliant...............but yes aticle 8 compliant is the  goal.

[skeetdog]

It's just that the National Guard act, Amnesty Bill are connected with Article 8 which has the framework to implement the demanded security issue that are essential to protect the liquidity and mostly the main asset....''People''....I don't think they're goin' to let the people enjoy the true value of their currency until the PTB can establish a guaranteed secure environment for a clear future on a long term return...It's goin' to take a minute for the PTB to get their money and the interest back from this Iraqi adventure...TPTB know the people are Iraq's greatest asset and I'm just statin' that Article 8 IMHO holds a lot more water than most people arte givin' it credit for....  

[Laid Back]

Bring it back to his glory 1 dinar = 3.20 dollars

Just do it

[yota691]

Najiba Najib: The government and the central bank behind the rise in the dollar rate against the dinar and the simple citizen pays the price of the local currency deterioration

04/09/2015 11:20

 

BAGHDAD / Nina / bore a member of the Committee on Economy and Investment MP Najiba Najib, the government and the central bank responsible for the high dollar rate against the dinar, asserting that a simple home is the only one affected by this increase. She said Najib said in a statement to the Iraqi News / Nina / National Agency that "the local currency continues to deteriorate as a result of balancing material / 50 / which restricted the central bank to sell / 75 / million dollars instead of the daily auction, which had been in place previously included, and added complicated procedures include the provision of any company or dealer request to buy the dollar comes approved after / 15 / days from the date of submission, Maady to the lack of the dollar and increase citizen need a high price. " She added, "The oil revenues of Finance declined to less than half Maady to the lack of the dollar in the country and increase the demand for it." stressed Najib said the "address this rise is to cancel Article / 50 / through the appeal by the central bank and increased pumping the dollar in the local market and activate generating sectors of income other instead of relying on oil, mainly. " saw the US dollar price leap was not taking place in Iraq since / 11 / year, rising US dollar to / 135 / thousand dinars on Wednesday against / 100 / USD, Maady to higher prices of goods and special prices / auto mobiles and most of the imported medical supplies and medicines for chronic diseases ./anthy8

[Freedomwish]

Bring it back to his glory 1 dinar = 3.20 dollars

Just do it

 

Preach it bro!

[skeetdog]

Do a little dance...make a little love...get down to night....yea, yea yea...get down tonite.....

[k98nights]

Economic Adviser to Ebadi speaks about the reasons for the high price of the dollar against the dinar

 

 

09-04-2015 02:37 PM

 

 

Revealed the appearance of Mohammed Saleh economic adviser to Iraqi Prime Minister Haider al-Abadi, the reasons for the high price of the US dollar against the Iraqi dinar. 

Saleh said that "the high sale price of the US dollar, came for many reasons, especially with the exposure of the Iraqi dinar financial crisis," adding that "the first reason for the rise is that the import momentum is not commensurate with the volume of exports, in terms of export prices." 

And the appearance of Mohammed Saleh said that "most of the export in Iraq depends on oil, which saw a drop in prices over the past period," explaining that "this decline significantly affected the financial budget for 2015". 

"The other reason is to put a paragraph in the fiscal budget sets the central bank sales of $ 75 million a day, and this effect on the rise of the dollar, because in the past, the Bank sells more than this figure," declaring that "the Bank provided an appeal to the Federal Court of a paragraph budget which restricted sales, and that this paragraph considered intrusive work. "

 

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[sandfly]

THANKS