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Economist: To Hold The Government To Raise The Sale Price Of The Dollar To The Central Bank Exaggerated !


DinarThug
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CNN. Broadcasting The Affairs Of Mayhem And Coffee !

 

 

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(by walkingstick)

Economist: to hold the government to raise the sale price of the dollar to the Central Bank exaggerated
12/22/2015 11:14

BAGHDAD / National Iraqi News Agency / nina / confirmed specialist in economic affairs Maytham and coffee, that there is exaggeration and misunderstanding in the procedure carried out by the government with respect to raising the sale price of the dollar to the Central Bank. , he said in a statement to the National Iraqi News Agency / NINA / he " Because of the budget deficit, the government will sell dollars that come about from the oil to the Central Bank for 1180 dinars, instead of 1166 dinars per dollar, which will add 14 dinars to the budget for each one dollar. "He added, that" According to the central bank's comments, it will not unlike this increase is an increase in the sale price of the dollar in the currency auction, which means that the bank will bear the difference between the two prices by reducing his commission, or the margins of what was achieved of the profit. "Some of the media pointed out that the central bank lowered value of the dinar against the dollar, but the Iraqi Central Bank denied the rumors about such a move. The bank said in a press statement today that "the news that talk about the bank to reduce the value of the dinar against the dollar baseless," adding that "the sale price of the dollar has not changed." / finished 8

http://www.ninanews.com/News_Details.as ... %253d%253d

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:::shaking head:::

 

this make sense to anyone, even after you figure what they are doing


the government is taking 14 dollars from the commission rate of the CBI fyi so really no lose to the government, but a gain, no lose to the CBI reserves, stay the same, but a lose to the CBI Commission, screwing the CBI bank owners lol

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Were you always VIP and I just never noticed.

I'm considering it.

I purchased a couple renewable VIPs before I went Platinum (lifetime) VIP.

I also went OSI.

My perception is value added services are offered through VIP and OSI post event so I don't loose the investment and get advice to avoid tax problems. This site is, by far, the best place for good information, news articles, follow up, and entertainment purposes!

I certainly don't know everything but my perception is there are no better offers out there for asset protection and post event investment opportunities with the quality of service and cost effectiveness.

Like everything, we all need to do our own research for our own particular situation.

Hope you find what you need.

Merry Christmas to you and you all at DV!

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  • 2 weeks later...

The CBI is selling only the oil money they get to the CBI for 1190 to conform to the budget and the IMF 2% compliance, but inside Iraq, the rate it not being undervalued, but they call it adjustment, cause the difference of 1190 verse 1166 is coming out of the CBI commission right now at no lost to the citizens, government or CBI reserves. A dinar is still 1166 within Iraq for all Iraq's and Government.

 

 

article "Economist: to hold the govt to raise the sale of dollar to the Central Bank exaggerated"

 

 

Economist: to hold the government to raise the sale price of the dollar to the Central Bank exaggerated

 

12/22/2015 11:14

 

BAGHDAD / National Iraqi News Agency / nina / confirmed specialist in economic affairs Maytham and coffee, that there is exaggeration and misunderstanding in the procedure carried out by the government with respect to raising the sale price of the dollar to the Central Bank.

 

He told the National Iraqi News Agency / NINA / he "and because of the budget deficit, the government will sell dollars that come about from the oil to the Central Bank for 1180 dinars, instead of 1166 dinars per dollar, which will add 14 dinars to the budget for each one dollar ".

 

He added, that "According to the central bank's comments, it will not unlike this increase is an increase in the sale price of the dollar in the currency auction, which means that the bank will bear the difference between the two prices by reducing his commission, or the margins of what was achieved of the profit."

 

Some of the media pointed out that the central bank reduced the value of the dinar against the dollar, but the Iraqi Central Bank denied the rumors about such a move.

 

The bank said in a press statement today that "the news that talk about the bank to reduce the value of the dinar against the dollar baseless," adding that "the sale price of the dollar has not changed," ./anthy

 

 http://www.ninanews.com/News_Details.aspx?V3Mv6qOGEhaZ%252fHFFxAFHbg%253d%253d

 

Edited by newbieDA
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So the CBI's website shows selling price of dinar at 1182 per dollar. If 14 of that is CBI commission now going the GOI to bolster the budget, that leaves 2 dinar per that goes to the CBI coffers? Or are they on 1192 like some sources say leaving 12 dinars still going to CBI as well as 14 going to GOI?

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So the CBI's website shows selling price of dinar at 1182 per dollar. If 14 of that is CBI commission now going the GOI to bolster the budget, that leaves 2 dinar per that goes to the CBI coffers? Or are they on 1192 like some sources say leaving 12 dinars still going to CBI as well as 14 going to GOI?

 

yep, you caught on now

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I Wasn't Always VIP But Early On I Bought A 3 Month Membership To Check It Out !

Sometime After It Expired I Joined Platinum - A 1 Time Fee That Doesn't Expire !

Believe It Or Not One Of The Biggest Benefits That I Enjoy Most From VIP

Is That U Get An Endless Supply Of Plusses To Give Out - Instead Of Only A 6 Per Day Limit !

And Since I Spend Quite A Bit Of Time On This Site

I Enjoy Throwing Out Plus 1's To Everybody Like A Drunken Sailor ! :o

:D :D :D

mmmmmm i thought it was to get closer to me, to keep a eye on me

guess i was wrong

 

cant wait to try out the drunken sailor bit

give me a rv and i will give it my best

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I Wasn't Always VIP But Early On I Bought A 3 Month Membership To Check It Out !

Sometime After It Expired I Joined Platinum - A 1 Time Fee That Doesn't Expire !

Believe It Or Not One Of The Biggest Benefits That I Enjoy Most From VIP

Is That U Get An Endless Supply Of Plusses To Give Out - Instead Of Only A 6 Per Day Limit !

And Since I Spend Quite A Bit Of Time On This Site

I Enjoy Throwing Out Plus 1's To Everybody Like A Drunken Sailor ! :o

:D :D :D

 

 

I purchased a couple renewable VIPs before I went Platinum (lifetime) VIP.

I also went OSI.

My perception is value added services are offered through VIP and OSI post event so I don't loose the investment and get advice to avoid tax problems. This site is, by far, the best place for good information, news articles, follow up, and entertainment purposes!

I certainly don't know everything but my perception is there are no better offers out there for asset protection and post event investment opportunities with the quality of service and cost effectiveness.

Like everything, we all need to do our own research for our own particular situation.

Hope you find what you need.

Merry Christmas to you and you all at DV!

Thanks for the information!!

 

:twothumbs:

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:::shaking head:::

 

this make sense to anyone, even after you figure what they are doing

the government is taking 14 dollars from the commission rate of the CBI fyi so really no lose to the government, but a gain, no lose to the CBI reserves, stay the same, but a lose to the CBI Commission, screwing the CBI bank owners lol

Basically, it seems they are taking their cut of the "spread". 

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