An Invitation To Support The Dinar And The Strengthening Of Its Purchasing Power !

[DinarThug]

CNN. Broadcasting By Special Invitation !

 

(by walkingstick)

An invitation to support the dinar and the strengthening of its purchasing power

 
3/1/2017

BAGHDAD / Mustafa Hashimi

strengthening of the local currency is a national task they represent thesovereignty ofIraq and preservation of state stimuli represents a great responsibility lies with therelevant authorities in the light of a series of challenges taking place in the country.

Economic academic Dr. Essam Mahouelle called to be 2017 years to strengthen the dinar 's purchasing power and strengthens confidence in the national currency , which represents the sovereignty of Iraq, noting at the same time the need to restrict foreign business dealings only in dollars.

And ways to revive the dinar and upgrade more than its value saw Mahouelle in an interview {Sabah »necessity of things , management of the country economic mentality and purely look long - term, along with the importance Quote economic experiences of states have passed similar circumstances to what Iraq is going through, as well as the reduction of trading the dollar in commercial transactions Interior to support the national currency.

Mahouelle be regulated by the Central Bank and coordination with economic authorities and relevant ministries confirmed role in enhancing the value of the dinar by preventing the circulation of foreign currency in the local commerce for any reason whatsoever and counted only in foreign trade, indicating the importance that civil and government banks take measures that will strengthen the dealing in Iraqi dinar .

It is said that the sale price of the dollar on Monday amounted to 1310 dinars, ie 131 000 dinars, for a hundred dollars, while the total purchase price in 1300 dinars, ie 130 000 dinars, for a hundred dollars.

Mahouelle said that the decline in the value of the dinar against the dollar, in fact, began the war with Iran and the invasion of Kuwait, stressing that the policies of the former regime burned all the hopes of Iraqi economists to amend the path of the local economic situation and guide the country 's resources towards development.

He said, since the nineties of the last century and the days of international sanctions and the dollar dominates the local market transactions away from the dinar as a result of faulty economic policies pursued by the former regime.

He pointed out that when the prices of imported goods began to rise, Iraqis felt that the old price of the dinar against the dollar has fallen so much and began to think of what has become and find solutions to them.

The dollar exchange rate against the dinar has fluctuated between ascending and descending was reported in the nineties about 4000 dinars to the dollar, while the price has seen a gradual decline after 2003 to continue to decline to 1,200 dinars to the dollar in the last ten years, while he returned to rise again after the adoption of the budget in 2015 and forcing the Central Bank identifies sales of foreign currency in accordance with Article 50 of that year 's budget law.

Mahouelle explained that the International Monetary Fund and the post - World War II division of the world 's currencies to be and are non-transferable and was part of the Iraqi dinar currency is convertible.

He said the convertible currencies suitable for international settlements (ie to settle payments in foreign trade of the countries), has been preparing a list of those currencies represented currencies the victors in World War II, and did not include the Soviet bloc currencies at the time because of the approach is capitalist in the conduct of its economy and the economies of countries that fall under its control.

He said either the Iraqi currency was within the currency is convertible which can not be used for international settlements , but turning it into another currency, or to the dollar (Oogerh), and goes to Iraq to be paid the proceeds of the sale of oil to the US dollar and that the equivalent of the dinar to $ 3.32.

He said that Iraq, which reached a population of 8 million people, citizens did not know a dollar coin and Ashklh did not deliberate it within the borders of the country at all, as hard place to find a store, in that era, displays his goods are priced in dollars.

He Mahouelle at the conclusion of his speech that traders importers of goods (commercial / industrial / agricultural) were turning the dinar to the dollar when paying their price through banks, where the audience did not feel the importance of the US currency , but when traveling abroad and are turning to banks turned them dinar to the dollar and give them foreign currency in cash or travelers instruments after the central bank 's approval and under the foreign exchange law.

http://www.alsabaah.iq/Article.....?ID=129153

[ChuckFinley]

Man, I can only hope for $3.32. I would be happy at .50.  Thanks Thug.  

[TLHUBER]

Awesome article Mr. Thug

[copper13]

Any Day Now!👍🍺🍺

[10 YEARS LATER]

Lets hope the right folks respond to the " Invitation " with an IMMEDIATE RSVP - GET CRACKIN' ! ! ! !

GREAT FIND THUGY 

Anywhere else in the world I would find an " Invitation " of this sort would be odd; not keeping in character with a business mind set - But Iraq, we've learned a long time ago to ALWAYS expect the unexpected from this mob O' monkeys.

[tigergorzow]

DinarThug Thanks,  DV,  All we need is the GOI, CBI to listen to these Genius Economists and execute the plan to increase the purchasing power of the IQD in the immediate future. .50, 1, 2, 3 rate JUST DO IT!!

Always keeping the faith!!

GO RV!!

[siberian_shaddow]

Much appreciated Thugs,  yeah i would take 0.10 but 0.32 cents would be great  but now $3.32 that would be awesome.

[jeepguy]

WOW ! 

34 minutes ago, DinarThug said:

strengthens confidence in the national currency , which represents the sovereignty of Iraq, noting at the same time the need to restrict foreign business dealings only in dollars

 

34 minutes ago, DinarThug said:

 the reduction of trading the dollar in commercial transactions Interior to support the national currency.

 

34 minutes ago, DinarThug said:

The dollar exchange rate against the dinar has fluctuated between ascending and descending was reported in the nineties about 4000 dinars to the dollar, while the price has seen a gradual decline after 2003 to continue to decline to 1,200 dinars to the dollar in the last ten years, while he returned to rise again after the adoption of the budget in 2015

 

34 minutes ago, DinarThug said:

either the Iraqi currency was within the currency is convertible which can not be used for international settlements , but turning it into another currency, or to the dollar (Oogerh), and goes to Iraq to be paid the proceeds of the sale of oil to the US dollar and that the equivalent of the dinar to $ 3.32

 

34 minutes ago, DinarThug said:

turning the dinar to the dollar when paying their price through banks, where the audience did not feel the importance of the US currency , but when traveling abroad and are turning to banks turned them dinar to the dollar and give them foreign currency in cash

these sections of quotes are huge foot notes as this  is  coming to a head !  strengthen the confidence  {also  confidence in banks }  strong dinar  leave the dollar in the banks , get the dollar out of the market places ...  the start of this crazy roller coaster ride is shown in the 3rd section 4000 dinars too 1200 so there was a big drop against the dollar in the way which we hope too see very soon ,  like  next week ...   but the biggie  one of them all  the buying power too the dinar inside the Iraqi market places , is strong and is strong against the dollar which will take 3.32 cents too just buy 1 dinar  too compare too the buying power they are looking at !   VERY NICE  FIND    buddy thug

Edited January 3, 2017 by jeepguy

[Gypsygirl11]

WOWIE ZOWIE! I love this "Walking stick" guy. Thanks for article Thug man! $3.32 would be delightful! Now lets see it!

[Bama Girl]

27 minutes ago, DinarThug said:

He said either the Iraqi currency was within the currency is convertible which can not be used for international settlements , but turning it into another currency, or to the dollar (Oogerh), and goes to Iraq to be paid the proceeds of the sale of oil to the US dollar and that the equivalent of the dinar to $ 3.32.

This would be a miracle to me and I would love it! As others have said,  10 cents to 50 cents would make me very happy but if it comes in at 3.32, I can promise. I will make many many more very happy. I (we) could help so many people and organizations with the higher rate. Time will tell which it will be.   🌅

[10 YEARS LATER]

29 minutes ago, siberian_shaddow said:

Much appreciated Thugs,  yeah i would take 0.10 but 0.32 cents would be great  but now $3.32 that would be awesome.

If it were to hit at $3.32 ( it would be bizarre, but what's been normal about any of this, EVER ! ); I'd better have a LARGE brown paper bag to breathe into ! 

[jeepguy]

Just now, 10 YEARS LATER said:

a LARGE brown paper bag to breath into ! 

ohhhh  you said  breath !  thought that was  poop in 

[10 YEARS LATER]

11 minutes ago, jeepguy said:

ohhhh  you said  breathe !  thought that was  poop in 

 LOL - - -  

I've got a heavy duty 10 mil plastic Lawn & Trash Bag for That Event

[jeepguy]

Just now, 10 YEARS LATER said:

 LOL - - -  

I've got a heavy duty 10 mil plastic Lawn & Trash Bag for That Event

hahahhhahaha  don`t leave your dinar in there !  { good one 10 y.l. }

[Gypsygirl11]

Love this thread - Im feeling excited or hopeful right now. 2017 is new beginnings.

[jeepguy]

now I think we might have thuggie bring the post over , about , the struggle too find dinar too load a-t-m`s  ,  dinar is in scarce supply... 

[jeepguy]

2 minutes ago, Gypsygirl11 said:

Love this thread - Im feeling excited or hopeful right now. 2017 is new beginnings.

I know what you mean lady friend !   it is  rough thinking about having too go too work tomorrow !

[Kraidle]

GET. ON. WITH. IT.

[Gypsygirl11]

1 minute ago, jeepguy said:

I know what you mean lady friend !   it is  rough thinking about having too go too work tomorrow !

You got that right!!! Tired of struggling and stress. I just hope Iraq can pull this off.

[429]

BOOM BOOM POW!

HOLY COW!

Thanks Thug!

[jeepguy]

    all gitty inside now  !

5 minutes ago, 429 said:

BOOM BOOM POW!

HOLY COW!

Thanks Thug!

 

[429]

Just now, jeepguy said:

    all gitty inside now  !

 

Sleep? What bedtime? Tonight? Are you serious?

[tigergorzow]

DV,  Education.............Education............Education..........TO THE MASSES OF IRAQ & THE WORLD!!    JUST SURPRISE US DV MEMBERS NOW!!   Better hurry and RV / RI before the speculators buy up all the IQD..

[skeetdog]

Thanks DT...Restoring Iraq's currency to its former glory is a statement we're all familiar with and that's around 3 bucks and some change...However Iraq did say it would take at least 5 years to restore their currency to its former glory...Between Iraq's 'Paris Agreement' and the 80% most countries forgave Iraq of the debt Iraq owned them...the question is 'why'...Follow me on this...If Iraq is suppose to return to their former glory and owes a bunch of countries a bunch of money or was forgiven a bunch of money Iraq owed...what would be the best scenario for all countries involved to profit from it...The dinar outside of Iraq will not be cashed in but held in each country's reserves...If the dinar comes out at 1 for 1...I know for myself I'm casing in a million right off the bat...The US will take that million and deposit it into their reserve and on a 5 year cash exchange make 2 1/2 million just by holding the dinar...plus each country will immediately receive whatever windfall tax they chose to impose.....OK, maybe I'll only cash in a half million...

[WheresmyRV?]

 

This has to be the article of the day!!  Thanks Thugster!