Central Bank of Iraq issued a statement on the US dollar exchange rate

[yota691]

15-12-2016 10:48 AM

Central Bank confirms that it does not change the Iraqi dinar exchange rate against the dollar

 

 

 

CBI confirms that he does not intend to change the exchange rate of the Iraqi dinar against the US dollar 'also denies the imposition of fees or taxes on the sale price of the dollar' and that rising oil prices will enable the Bank to inject greater than the dollar amounts into the market ...

 

[yota691]

Central Bank denies the imposition of fees or taxes on the sale price of the dollar (Details)

15-12-2016 11:04 AM

Hits: 237

 

East News -

 

 

He denied the central bank, on Thursday, the imposition of fees or taxes on the sale price of the dollar. 

According to a statement of the bank 'East News' received a copy of it, he "does not intend to change the exchange rate of the Iraqi dinar against the US dollar , denying, the imposition of fees or taxes on the sale price of the dollar." 

The statement stressed that " the rise in oil prices will help the bank to inject greater than the dollar amounts to the market."

[yota691]

Central Bank of Iraq issued a statement on the US dollar exchange rate

 

Thursday, 15 December 2016 10:05

 

 

 

Alsumaria News / Baghdad  issued the Iraqi Central Bank , on Thursday, a statement on the US dollar exchange rate.  The statement, received Alsumaria News, a copy of it, that " the central bank does not intend to change the exchange rate of the Iraqi dinar against the US dollar."  He denied the central bank, in its statement, " the imposition of fees or taxes on the sale price of the dollar , " pointing out that " the rise in oil prices will enable the Bank to inject greater than the dollar amounts to the market."         Local markets and see sometimes up gradually to the dollar exchange rate, as a result of what the speculators of fabricating some rumors about the exchange rate in order to get some of the benefits of profitability as a result of this climb.  And established an independent Iraqi Central Bank as a bank under a law issued on the sixth of March 2004, as an independent body, which is responsible for maintaining price stability and the implementation of monetary policy, including exchange rate policies are being daily sessions for buying and selling currencies.

[yota691]

Press Release denies charging for the sale price of the dollar

 

 

Economy News / Baghdad Denied the Iraqi Central Bank, on Thursday, the imposition of fees or taxes on the sale price of the dollar against the Iraqi dinar. According to media bank told the "Economy News" today that "the Central Bank of Iraq announced that he does not intend to change the exchange rate of the Iraqi dinar against the US dollar." "It also denies the imposition of fees or taxes on the sale price of the dollar," noting that "high oil prices will enable the Bank to inject greater than the dollar amounts to the market. AJ
Views 13   Date Added 12/15/2016 - 10:34   Last updated 12/15/2016 - 11:40   No. Content 6100

[yota691]

Central Bank denies imposing fees or taxes on the sale price of the dollar

History of edits:: 12.15.2016 10:13 • 93 visits readable

{Baghdad: Euphrates News} denied the Iraqi Central Bank, on Thursday, the imposition of fees or taxes on the sale price of the dollar against the Iraqi dinar. 
 

According to media bank told {Euphrates News} today that " the Central Bank of Iraq announced that he does not intend to change the exchange rate of the Iraqi dinar against the US dollar." 

" It also denies the imposition of fees or taxes on the sale price of the dollar , " noting that "high oil prices will enable the Bank to inject greater than the dollar amounts into the market , " .anthy

[MyLadiesDaddy]

20 minutes ago, yota691 said:

Central Bank of Iraq issued a statement on the US dollar exchange rate

 

Thursday, 15 December 2016 10:05

 

 

 

Alsumaria News / Baghdad  issued the Iraqi Central Bank , on Thursday, a statement on the US dollar exchange rate.  The statement, received Alsumaria News, a copy of it, that " the central bank does not intend to change the exchange rate of the Iraqi dinar against the US dollar."  He denied the central bank, in its statement, " the imposition of fees or taxes on the sale price of the dollar , " pointing out that " the rise in oil prices will enable the Bank to inject greater than the dollar amounts to the market."         Local markets and see sometimes up gradually to the dollar exchange rate, as a result of what the speculators of fabricating some rumors about the exchange rate in order to get some of the benefits of profitability as a result of this climb.  And established an independent Iraqi Central Bank as a bank under a law issued on the sixth of March 2004, as an independent body, which is responsible for maintaining price stability and the implementation of monetary policy, including exchange rate policies are being daily sessions for buying and selling currencies.

Good Morning Master Yota and DV.

1st, "will allow the Bank to inject GREATER than the dollar amounts to the market", Greater than what? And how is the rise in oil prices going to do that? This is nearly humorous. Ya'll know that Adam has ALWAYS said that oil prices was a key factor in all of this. 

2nd, markets and see sometimes up gradually to the dollar exchange rate, as a result of what the speculators of fabricating some rumors about the exchange rate in order to get some of the benefits of profitability as a result of this climb. 

Someone needs to tell the CBI that it's called FOREX. Unless of course they actually don't want anyone in Iraq to profit, which knowing them may well be the case. 

This  not only doesn't make sense but seems to be possibly telling as in, "me thinks thou doth protest to much". I remember that it was said some time ago that the Central Bank of Kuwait said the same thing right before doing what they did. 

And may I add this from another post today,

Monetary reserves up to $ 34 billion and calls to abolish the currency auction

to rescue the Iraqi economy and the national currency.

depletion of foreign exchange and to sabotage the economy.

 

Edited December 15, 2016 by ladyGrace'sDaddy

[magawatt]

Thanks LGD for the commentary.

I thought I smelled smoke. 

Is it just me or is it getting hot in here?

 

 

[Mammaw]

2 hours ago, yota691 said:

, " pointing out that " the rise in oil prices will enable the Bank to inject greater than the dollar amounts to the market."

 

Does that mean they are not going to raise against the dollar, they are going to better the dollar?

Thanks Yota, and good morning.

[Gypsygirl11]

Climb, climb, climb...let me see it climb.

Something is happening (I think) finally....lets rock and roll 2017!

[jeepguy]

good  deal lady graces dad ,  !   it  really  looks like  they are about  too  pop  the trigger on  this ,  and  while they do  , they want  all Iraqi `s in the dinars for dollar window  ,  { get-um while there hot  type  scheme }  the dollar that is !  

3 hours ago, ladyGrace'sDaddy said:

the same thing right before doing what they did

they did what  they did " before love came too town "       

 

[calkid11]

Thank you Yota

[Shedagal]

I am loving this!!!

[dinarbeleiver]

Go for it Iraq deny then do !

[pontiyak]

The Smoke And Mirrors Daily is sometimes hard to read. It can be disheartening at first glance.

But it is intended for the Iraqi general population. The CBI needs to get every Dinar possible

off the street before even a modest RV or a Forex float.

IMHO

 The best things in life RV

 

yak

[10 YEARS LATER]

23 minutes ago, pontiyak said:

The Smoke And Mirrors Daily is sometimes hard to read. It can be disheartening at first glance.

But it is intended for the Iraqi general population. The CBI needs to get every Dinar possible

off the street before even a modest RV or a Forex float.

IMHO

 The best things in life RV

 

yak

The Smoke and Mirrors Daily - I like that Yak . . . I think we should from here on out refer to the mountain of news    as the  - - - 

" THE SMOKE and MIRRORS DAILY."  It's got a nice ring to it   

[pontiyak]

Thanks 10 Years... I am humbled to have tickled some ribs.

The best things in life RV

 

yak

[Hikmah]

This ain't smoke, the street rate is 1312-$1, things aren't good. The CBI is answering those in Parliament who want to reduce the rate to 1500-$1, they're telling them to go pound sand and they're following the directives of the IMF who told them to stay pegged to the dollar and maintain the official 1188-$1 rate. 

[TMills6864]

Hikman, that was about the most realistic post I've read in a long time - "thank you".  Got anything you'd like to share with us? Sounds like you know your stuff.

 

[four wheel drift]

The sky is falling.

The sky is falling.

I was told that there would be alot of misinformation near the end. I personally think we will see more disappointing articles.

2 weeks, 3 months, I think we can do that standing on our heads. Lol

Stay positive and we will reap.

FWD

GO RV

[yota691]

Central bank: for the vessels to change the dinar's exchange rate against the US dollar

December 15, 2016

 

 

 

BAGHDAD Inanna, denied the Iraqi Central Bank, on Thursday, the imposition of fees or taxes on the sale price of the dollar against the Iraqi dinar, while noting that he has no intention to change Saraf dinar against the dollar.

The bank said in a statement seen by "Inanna," that "the Iraqi Central Bank does not intend to change the exchange rate of the Iraqi dinar against the US dollar."

The central bank denied "the imposition of fees or taxes on the sale price of the dollar", adding that "high oil prices will enable the Bank to inject greater than the dollar amounts to the market."

The central bank has adopted a fixed price of the Iraqi dinar, which is 1119 dinars per dollar, with total per dollar in the parallel market in 1130 dinars, the highest teams recorded the exchange rate during 2016, as check hereby approved bank dollar-buying huge profits, due to determine sales outlets.

[bostonangler]

Well well, it's not the jackpot, but it is something.

 

B/A

[captl1]

Thanks Yota and Merry Christmas. All steps in the right direction.

[Synopsis]

The last statement from the article is interesting, " The central bank has adopted a fixed price of the Iraqi dinar, which is 1119 dinars per dollar, with total per dollar in the parallel market in 1130 dinars, the highest teams recorded the exchange rate during 2016, as check hereby approved bank dollar-buying huge profits, due to determine sales outlets."

This morning, the CBI rate for USD is still (seel/buy) 1,182.00/1,180.00 IQD = 1 USD

Australian Dollar        AUD     857.423      856.994

Gold of 24 carat Gold 1,330,577.400 1,328,326.000

 

CURRENCY	CODE	SELL	BUY
US dollar	USD	1182.000	1180.000
Euro	EUR	1225.025	1224.412
British pound	GBP	1459.061	1458.331
Canadian dollar	CAD	883.540	883.098
Swiss franc	CHF	1147.684	1147.110
Swedish krona	SEK	126.075	126.012
Norwegian krone	NOK	135.597	135.529
Danish krone	DKK	164.780	164.698
Japanese yen	JPY	10.082	10.077
Special Drawing Rights	SDR	1580.819	1580.028
Indicative rates - 21.12.2016

[SgtFuryUSCZ]

***///

Why are they jackin' us around with these numbers, SYN...? 

 

Don't they know it's Christmas and we're a bunch of starving Dinar refugees...

We need an RV RATE LIVE AID !

[Synopsis]

1 hour ago, SgtFuryUSCZ said:

***///

Why are they jackin' us around with these numbers, SYN...? 

 

Don't they know it's Christmas and we're a bunch of starving Dinar refugees...

We need an RV RATE LIVE AID !

I suspect they are jackin' us around with these numbers just for fun!  Kinda like asking mom or dad what hints they can give us about our Christmas present(s) being beside ourselves with anticipation.  Hey, mom and dad did not budge at all on indicating anything.  We'd all have to "wait and see." When this hits, we will all likely forget about being a bunch of starving Dinar refugees and we will all have our RV Rate Live Aid with an umbrella or two in it!

How's that for a Christmas, or slightly belated Christmas, present???!!!