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BondLady - Article: Dollar Rises Again .. Specialists Are demanding the central bank To Clarify The Reason For The Low Value Of The Dinar !


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CNN. Broadcasting While Sprinkling Some Yeast On The Dinar And Popping It In The Oven To See If It Will Rise !

 

 

Dollar rises again .. specialists are demanding the central bank to clarify the reason for the low value of the dinar
 
08/02/2016 BAGHDAD / JD / .. After a period Tzbzbah to the dollar exchange rate against the dinar back today to rise to $ 1 280 thousand dinars per dollar, it has a number of specialists warned the financial and economic of the continued rise in the dollar exchange rate, which will lead to stasis of inflation in the domestic market issue, demanding Central Bank to clarify the real reasons behind the dramatic decline at the price of the Iraqi dinar exchange rate against the US dollar.[/rtl]
 
He says the financial expert on behalf of al-Tamimi, said that "there is a big spike in the US dollar against the dinar For the central bank need to clarify the reasons for this increase and that shows what actions and policies taken to preserve the value of the dinar."[/rtl]
 
He said al-Tamimi told / KD / that "a determining central bank sales of the dollar in its daily auction was due to financial distress, home to Iraq and maintain the bank's reserves of foreign currency which is linked with earnings of Iraq in the fall and rise and be maintained by reducing its demand for the dollar and cover needs core of it. "[/rtl]
 
He continued, "We in Iraq uncontrollable commercial and there are goods in the market is not worth the importation where there are stocks of durable household as materials and cars suffice Iraq for several years, but the import is continuing and this exhausts the state budget."[/rtl]
 
He noted that "the strength of the Iraqi dinar, which is covered in foreign currency, according to the definition of the money supply more than one and a half times, but at the same time, we must achieve a balance in maintaining the amount of foreign currency exchange rates and the value of the Iraqi dinar."[/rtl]
 
For his part, called on the parliamentary Economic Committee, the central bank need to take the necessary measures to maintain the dollar's exchange rate against the dinar, stressing that the continuation of rising inflation will lead to stasis in the market.[/rtl]
 
Said committee member Rep. Najiba Najib told / KD / The rise of the dollar was due to the lack of central bank sales of foreign currency in the light of the increasing demand to buy it, which led to a rise in the market, stressing the need to take necessary measures and processors to create a balance between the dinar and the dollar in the market and maintain the stability of the exchange rate.[/rtl]
 
The Iraqi market is witnessing a marked rise in the US dollar against the dinar as it is expected that the dollar sales decline in the central bank auction of this year, according to the law of the state budget, which began in Parliament on 29 January last.[/rtl]
 
The law stipulates that the central bank is committed to identifying sales of hard currency) dollar (in the daily auction ceiling does not exceed $ 75 million a day, with the exercise of justice in the sales process, and calls for co-bank at the auction to provide the introduction of cargo documents and statements of tax settling accounts and savings Alkmarki within 30 days from the date of buy it for the amount and otherwise applied to the bank penalties stipulated in the Central Bank Act or regulations issued from it, and use other banking instruments to maintain the strength of the dinar against the dollar.[/rtl]
 
It was not immediately known whether the price of the Iraqi dinar will be affected by the application of this article and observers fear that a lack of supply of the dollar in the markets will lead to a high price Bdinar.anthy 8 /    

http://www.dananernews.com/News_Details.php?ID=7738
 
Bondlady    *demanding*  ***Central Bank to clarify the ***real*** reasons*** behind the dramatic decline at the price of the Iraqi dinar exchange rate against the US dollar.***
 
um lol people are still sitting on their dinars, the CBI needs the majority of those dinars back, if the people won't do it on their own, I wonder if the prices aren't being manipulated , making things cost more money by making the dinar even less attractive and causing them to use more dinars for there purchases...end result would be the same just not as quick imo,  ***
 
He says the financial expert on behalf of al-Tamimi, said that "there is a big spike in the US dollar against the dinar For the central bank need to clarify the reasons for this increase and that shows what actions and policies taken to preserve the value of the dinar***
 
that "a determining central bank sales of the dollar in its daily auction was due to financial distress, home to Iraq and maintain the bank's reserves of foreign currency which is linked with earnings of Iraq in the fall and rise and be maintained by reducing its demand for the dollar and cover needs core of it. "
 
He continued, "We in Iraq uncontrollable commercial and there are goods in the market is not worth the importation where there are stocks of durable household as materials and cars suffice Iraq for several years, but the import is continuing and this exhausts the state budget."[/***
 
He noted that***"the strength of the Iraqi dinar,*** which is covered in foreign currency,*** according to the definition***** of the money supply***** more than one and a half times*****,
 
but at the same time, we must achieve a balance in maintaining the amount of foreign currency exchange rates and the value of the Iraqi dinar."[/***
 
stressing the need to take necessary measures and processors to create a balance between the dinar and the dollar in the market and maintain the stability of the exchange rate.***

The law stipulates that the central bank is committed to identifying sales of hard currency) dollar (in the daily auction ceiling does not exceed $ 75 million a day, with the exercise of justice in the sales process, and calls for co-bank at the auction to provide the introduction of cargo documents and statements of tax settling accounts and savings Alkmarki within 30 days from the date of buy it for the amount and otherwise applied to the bank penalties stipulated in the Central Bank Act or regulations issued from it, and use other banking instruments to maintain the strength of the dinar against the dollar.
 
It was not immediately known whether the price of the Iraqi dinar will be affected by the application of this article and observers fear that a lack of supply of the dollar in the markets will lead to a high price Bdinar
 
 [tlm724] thank you BL ! looks like some reverse psychology is going on
 
[tlm724] hold their hand and help them cross the street like a child
 
[tlm724] shake the dust off their dinars and get them using the new system, making the dinar worth less will get them to dump them and the CBI gets them back off the street !
 
Shredd    Good to see this. With the money supply reducing and the economic growth trending, along with laws continually being implemented and the demand for Iraq's oil as well as the continued support from her allies during the recent fluctuation in oil prices, there needs to be a growing urgency for the dinar to more closely represent it's true value.

 

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Tell SnowGlobe That The Clown Brought Cliff Notes - And Cookies ! :o

:D  :D  :D 

 

8-2-2016   Newshound Guru Shredd   Article:  "Dollar rises again .. specialists are demanding the central bank to clarify the reason for the low value of the dinar"  With the money supply reducing and the economic growth trending, along with laws continually being implemented and the demand for Iraq's oil as well as the continued support from her allies during the recent fluctuation in oil prices, there needs to be a growing urgency for the dinar to more closely represent it's true value.

 

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I Like This Cliff Note From BondLady Halfway Down In Her Paragraph ...

 

He noted that***"the strength of the Iraqi dinar,*** which is covered in foreign currency,*** according to the definition***** of the money supply***** more than one and a half times*****

B)  B)  B) 

 

 

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30 minutes ago, DinarThug said:

 

Tell SnowGlobe That The Clown Brought Cliff Notes - And Cookies ! :o

:D  :D  :D 

 

8-2-2016   Newshound Guru Shredd   Article:  "Dollar rises again .. specialists are demanding the central bank to clarify the reason for the low value of the dinar"  With the money supply reducing and the economic growth trending, along with laws continually being implemented and the demand for Iraq's oil as well as the continued support from her allies during the recent fluctuation in oil prices, there needs to be a growing urgency for the dinar to more closely represent it's true value.

 

 

Whooo hooooo FINALLY!!!!!

 

COOKIES!!!!

Now hand them over clownie baby!!!!

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On ‎8‎/‎2‎/‎2016 at 8:37 PM, DinarThug said:

***"the strength of the Iraqi dinar,*** which is covered in foreign currency,*** according to the definition***** of the money supply***** more than one and a half times*****,
 

thanks  clown towny !   :)   this  section of the chatter ,  was brought up in an old article about 2  or 3 years ago ,  I remember  hitting on the post  , and it really had a lot of  post following that article  ...    would make the dinar 1.50  too the dollar  which I guess isn`t too bad  --- >  if  I gotta  take it I guess  ...   :lol:   

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4 hours ago, jeepguy said:

thanks  clown towny !   :)   this  section of the chatter ,  was brought up in an old article about 2  or 3 years ago ,  I remember  hitting on the post  , and it really had a lot of  post following that article  ...    would make the dinar 1.50  too the dollar  which I guess isn`t too bad  --- >  if  I gotta  take it I guess  ...   :lol:   

I take a $1.50 in a heart beat.  

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On August 2, 2016 at 9:13 PM, SnowGlobe7 said:

 

Whooo hooooo FINALLY!!!!!

 

COOKIES!!!!

Now hand them over clownie baby!!!!

Not so fast Snow...your not the only Cookie Monster in town ya know!!! :eyebrows: 

I guess we will have to make bigger batch!!! ;)

Edited by RodandStaff
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On August 4, 2016 at 10:03 PM, balkanbob said:

Yes I 'like  that  $1.50  but   3,56  would  balance  the  USA  budget.  Bush said  Iraq  would  pay  us  more than we want.  I am still waiting   9 years now. It should be soon. . 

At $3.56 i will be buying you the drinks on a private jet headed to the islands. :D

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On 8/11/2016 at 4:57 PM, ChuckFinley said:

At $3.56 i will be buying you the drinks on a private jet headed to the islands. :D

At $3.56 some of us will be heading to our own island(s)... :moon-from-car: 

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1 hour ago, Caye98 said:
On 8/11/2016 at 3:57 PM, ChuckFinley said:

At $3.56 i will be buying you the drinks on a private jet headed to the islands. :D

At $3.56 some of us will be heading to our own island(s)... :moon-from-car:

At $3.56 to a dinar...Cash your dinar in and come buy mine for $2.50 ''cash''....

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