Specialists: Central Policy Devote Eternal Reiability On Oil To Support The Budget And The Dollar !

[DinarThug]

CNN. Broadcasting The CBI's Non Intentions !

 

 

(by walkingstick)

Specialists: central policy devote eternal reliability on oil to support the budget and the dollar

BAGHDAD / JD / .. see a number of specialists in the financial and economic affairs that the government and the central bank does not intend to retreat from their policies as the previous two dedicated eternal reliability on oil as budget support and the dollar.

The central bank announced in an official statement, 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 high oil prices will enable the bank to pump larger amounts of dollars into the market.

 He says economist Maytham and coffee, that the announcement of the central bank may mean that he does not intend to change the exchange rate, of course, meant that he did not intend to raise the value of the dollar, and not vice versa .. which is reassuringly to the market because there is a great demand for the dollar, and because the bank reduced its sales for the past month, which led to a gap between supply and demand led to the separation of the official price from the market price by 10% and more.

He Laibi Agency / KD / "As no intention to add fees or taxes, which is reminiscent of crisis in 2015, while the imposition of parliament Add tax and customs income amounting to 8% traders and held accountable through the dollar purchased from the bank, which is the experience achieved miserably, were undone quickly jumped after the dollar rates, and perhaps there are those who recommended a rerun. "

 "The worst, in my opinion, as it is linked to higher expected oil prices to pump larger dollar amounts, as this represents an admission from the central bank not being able to control the price of the dollar, but to sell more dollars only, also shows that no future policy of the bank or the government to retreat from previous policies, and devote eternal reliability on oil, as budget support and the dollar. "

For his part, he criticized the economic analyst Amer al-Kilani, government and the central bank's policy of relying on oil to bring in hard currency for the country, adding that this may cause future economic problems in the country.

He told Al-Kilani / KD / the government should change its economic policy on how to bring in hard currency for the country through the activation of the productive sectors in which to fill the local need and a surplus for export abroad.

He continued, "As the central bank is part of the cash reserves of investment projects generate money to increase its size, criticizing the decline happening in the monetary reserves of hard currency.

The sources revealed earlier about the declining reserves of the Central Bank's hard currency terms amounted to 34 billion Dolar.anthy / 8 /

http://www.dananernews.com/New.....hp?ID=8185

 

[SnowGlobe7]

does not intend to change rate.....

hummm.

why would he come out and say this????

 

[four wheel drift]

No not me.

I don't know.

Hopium

FWD

GO RV

[tigergorzow]

11 minutes ago, SnowGlobe7 said:

does not intend to change rate.....

hummm.

why would he come out and say this????

 

DinarThug Thanks, SnowGlobe7, I asked myself the same question.  Why deny or even bring up the subject.  Something must be brewing in the RV / RI pot.

Always Keeping the faith!!

GO RV!!

Edited December 29, 2016 by tigergorzow

[ChuckFinley]

Could be some heavy smoke. 

[Lorre]

I believe they are referring to the spread in purchase or exchange. Not the rate itself. This has always been a problem in interpretation. The higher the cost to exchange, the further the gap in the exchange rate.  example: If the exchange rate today is 1166 but they charge 14 dinars to exchange it, the cost is actually 1180. The vice versa is kind of a giveaway.  I don't believe it as anything to do with the actual exchange rate itself. Jmo

[Monkndad]

15 minutes ago, ChuckFinley said:

Could be some heavy smoke. 

I agree Chuck. From years ago they said there would be false information before anything happened. This contradicts all the positive news we have been hearing. Guess we will play the waiting game to find out.

[jeepguy]

hello ervery one ,  tomorrow night at 5 p.m. or 6 p.m.  remember this post ,  { we have a lot too talk over }  

 

[jeepguy]

I forgot  ,  the chat room  tomorrow  at  between 5 and 6 p.m.

[NoviceInvestor]

Articles like this are the very thing that justify to me the reason I cannot get excited ... 

Edited December 29, 2016 by NoviceInvestor
Missed a word

[Gypsygirl11]

44 minutes ago, Lorre said:

I believe they are referring to the spread in purchase or exchange. Not the rate itself. This has always been a problem in interpretation. The higher the cost to exchange, the further the gap in the exchange rate.  example: If the exchange rate today is 1166 but they charge 14 dinars to exchange it, the cost is actually 1180. The vice versa is kind of a giveaway.  I don't believe it as anything to do with the actual exchange rate itself. Jmo

I tend to agree.....interpretation is an issue. Thanks for your input.

[Bama Girl]

3 minutes ago, NoviceInvestor said:

Articles like this are the very thing that justify to me the reason I cannot get excited ... 

Totally agree Novice. I can become encouraged but refuse to become excited until the CBI changes the rate on their website. I realize many people are hurting financially and really need a windfall but our needs mean nothing to Iraq. 😒

[NoviceInvestor]

3 minutes ago, Bama Girl said:

Totally agree Novice. I can become encouraged but refuse to become excited until the CBI changes the rate on their website. I realize many people are hurting financially and really need a windfall but our needs mean nothing to Iraq. 😒

True Bama Girl.. This lady here would love to retire but at least my day is blessed and the is plenty to want but my needs are met.. 😊

[drj]

1 hour ago, SnowGlobe7 said:

does not intend to change rate.....

hummm.

why would he come out and say this????

 

Heavy Smoke!

[Laid Back]

The central bank announced in an official statement, that he does not intend to change the

exchange rate against the US dollar.

The purpose of this message is to scare currency speculators.

Go CBI

Go new monetary policy

Go increase exchange rate

Go $1:1+

 

[SgtFuryUSCZ]

1 hour ago, Lorre said:

I believe they are referring to the spread in purchase or exchange. Not the rate itself. This has always been a problem in interpretation. The higher the cost to exchange, the further the gap in the exchange rate.  example: If the exchange rate today is 1166 but they charge 14 dinars to exchange it, the cost is actually 1180. The vice versa is kind of a giveaway.  I don't believe it as anything to do with the actual exchange rate itself. Jmo

***/// ... and they're talking petro dollars sometimes, auction dollars sometimes, monopoly dollars sometimes,

and ay yi yi  already!... ... it all serves to confuse the average bear...

We heard there'll be considerable mis /did-information and a plethora of denials just prior to an event

us Dinarians would like to see...  so we'll stick close and stay tuned here every day !

(unless, of course, Publisher's Clearing House bangs down our door with a giant check.... ...!)

[Lorre]

Here's the deal guys and gals.... Keep your head screwed on tight. I've been in this for 8 years. I'm a finance major and have been in real estate and finance over 20 years. I have read a million of these articles, watch them be twisted, turned, misinterpreted, and have seen flat out blatant lies. Iraq will do something in a positive direction. When, and at what rate, is something none of us know. The false hopium pushers and the get rich gurus out there, will have to answer to the big man upstairs one of these days. I have seen people lose their jobs, homes, cars, etc. People believe this so much, including my own parents, that they have/had stopped making payments on their obligations. DON'T DO IT! Yes, I believe in the Bible. In its complete entirety! I believe Babylon will be restored. I believe all of it. When? That's is what we can not afford to play with! The Bible also states that we are to be productive and work until He returns. Keep pushing forward! If the Dinar is causing you to be unproductive, step away for a few. After I watched my parents do this twice, I have stayed away from this for a very long time. Not because of this site by any means, just because it was a long road getting things straightened out from damage done to others that were on other sites. Adam is great and keeps it real.  (Love ya!)  I periodically check the news here for progression and the real run-down. We've come a longgggggg way baby, and I believe we will see something in the very near future. Just stay focused. Keep the faith, and keep progressing in your own lives! I wish the world health, peace and abundant prosperity in this coming new year! Happy New Year to all of you!

[skeetdog]

Thanks DT.....

1 hour ago, Lorre said:

I believe they are referring to the spread in purchase or exchange. Not the rate itself. This has always been a problem in interpretation

 

2 minutes ago, Laid Back said:

The purpose of this message is to scare currency speculators.

 

1 hour ago, ChuckFinley said:

some heavy smoke.

                                                                                       

[Texstorm]

As I say , watch "Ten Years After " that man has seen and heard it all. I totally respect his opinion for the amount of time he has put into this and I also agree with Mister Level ...Oh I mean LB ! 

[Laid Back]

3 minutes ago, Texstorm said:

As I say , watch "Ten Years After " that man has seen and heard it all. I totally respect his opinion for the amount of time he has put into this and I also agree with Mister Level ...Oh I mean LB ! 

Mister Level?.... Ha Ha Ha 😀

You mean Mister Level-Headed

[Texstorm]

Yes I do ! LB .

 I think it is safe to say that alot of us here has our Masters and some of us has our Doctorets degree when it comes to our Dinar. There is no place on the planet that has what we have here at Dinarvets. By the very virtue of  open discussions , the damn guru's have nothing on us ! I am glad to be part of DV and with so many good people and some very smart folks. By the grace of God we are all here to learn and reap and sew, what ever God has instore for us. Wow !

[boosterbglee]

Thanks Lorre!

Happy New Year to you, nice to hear your prospective and experience !

[Laid Back]

4 minutes ago, Texstorm said:

Yes I do ! LB .

 I think it is safe to say that alot of us here has our Masters and some of us has our Doctorets degree when it comes to our Dinar. There is no place on the planet that has what we have here at Dinarvets. By the very virtue of  open discussions , the damn guru's have nothing on us ! I am glad to be part of DV and with so many good people and some very smart folks. By the grace of God we are all here to learn and reap and sew, what ever God has instore for us. Wow !

Agree my friend Textorm.!

DV is the is the best dinar forum on the planet with the most intelligent people.!

I love you ALL

Go RV 

Go 2017

[SnowGlobe7]

I are intelligent cat

[jg1]

39 minutes ago, Lorre said:

Here's the deal guys and gals.... Keep your head screwed on tight. I've been in this for 8 years. I'm a finance major and have been in real estate and finance over 20 years. I have read a million of these articles, watch them be twisted, turned, misinterpreted, and have seen flat out blatant lies. Iraq will do something in a positive direction. When, and at what rate, is something none of us know. The false hopium pushers and the get rich gurus out there, will have to answer to the big man upstairs one of these days. I have seen people lose their jobs, homes, cars, etc. People believe this so much, including my own parents, that they have/had stopped making payments on their obligations. DON'T DO IT! Yes, I believe in the Bible. In its complete entirety! I believe Babylon will be restored. I believe all of it. When? That's is what we can not afford to play with! The Bible also states that we are to be productive and work until He returns. Keep pushing forward! If the Dinar is causing you to be unproductive, step away for a few. After I watched my parents do this twice, I have stayed away from this for a very long time. Not because of this site by any means, just because it was a long road getting things straightened out from damage done to others that were on other sites. Adam is great and keeps it real.  (Love ya!)  I periodically check the news here for progression and the real run-down. We've come a longgggggg way baby, and I believe we will see something in the very near future. Just stay focused. Keep the faith, and keep progressing in your own lives! I wish the world health, peace and abundant prosperity in this coming new year! Happy New Year to all of you!

This should be pinned for everyone to read. Great stuff.