Central Bank announces successful slide intruders and brokers selling the currency

[MyLadiesDaddy]

2 minutes ago, TexasMike1958 said:

I wish I had that optimism.  All I see is a Parliament dragging its feet day after day after day.  Now they are taking another week off.  Haven't done a @$#$ thing this year of note.

Common my friend, don't believe everything the media tells us. Why do you think Mosul has SUDDENLY become so important? After 2yrs of nobody giving a dang SUDDENLY it's the most important thing. Remember how Shabibi said security was tantamount to any revaluation?  Keep The faith my friend, It's time for SUDDENLY. 

[yota691]

Numbers .. dollar exchange in Baghdad and Erbil prices

economy

 Since 01.03.2017 at 12:29 (Baghdad time)

Baghdad balances News

Numbers .. dollar exchange in Baghdad and Erbil prices

 

Baghdad

Selling dollars / 100 = 125.200 dinars price

The purchase price of US $ / 100 = 125,000 dinars

Erbil

Selling dollars / 100 = 125.300 dinars price

The purchase price of US $ / 100 = 125.100 Danar.anthy 29 / A 43

[yota691]

Central bank: remove malicious Khqd dollar against the dinar

 

 

 

 9 minutes ago

 

 

Twilight News CBI said / he own currency auction sale procedures led to a decline in the dollar 's exchange rate against the dinar. 
According to a statement of the bank it responded to the Twilight News, that the implementation of the new system applied to a window of foreign currency sale in this bank led to a marked decline in the exchange rate of the dollar against the Iraqi dinar, where the new system removed the middlemen and hackers by changing requirements and actions toward simplification and transparency in the sale of window operations foreign currency, as the new system of window competition between banks believe on the basis of the extent of compliance with the rules to combat money laundering and terrorist financing. 

He stressed that the success of the new system and cooperation with the Iraqi banks are encouraged to take additional measures that the legitimate demand for the dollar up to the target price by applying programs and new standards and rules to achieve a clear and transparent cover those operations. 
He noted that the control of the exchange rates in light of the challenges of economic, financial and security situations are recorded monetary policy success in absorbing large shocks to Iraq, will have to improve oil prices and the elimination of al Daesh terrorist significant impact in supporting the country 's financial situation, and thus relieve the pressure on monetary policy and to allow for it to achieve greater monetary stability to the country.
 

[yota691]

Central Bank: the application of the sale of foreign currency window system has led to lower the price of the dollar   BAGHDAD / tomorrow Press: 
The Central Bank of Iraq, said on Wednesday that the implementation of the application of the sale of foreign currency window system led to a marked decline in thedollar 's exchange rate against the dinar, noting that the success of this system are encouraged to take additional measures to reach the target price of the dollar. 
The central bank said the Iraqi media, in a statement received "Tomorrow Press", that " the implementation of the new system applied to a window sale of foreign currency at the central bank, led to a marked decline in the exchange rate of the dollar against the Iraqi dinar." 
He added that " the new system removed the middlemen and hackers by changing the requirements and procedures towards simplification and transparency in the sale of foreign currency window operations, as the new system of window believes, competition between banks on the basis of the extent of compliance with the rules to combat money laundering and terrorist financing." 
The bank 's statement said that " the new system 's success and cooperation with the Iraqi banks are encouraged to take additional measures that the legitimate demand for the dollar up to the target price to cover, through the implementation of programs and new standards and rules check the clarity and transparency of these operations." 
The bank pointed out that "control over the exchange rates in light of the challenges of economic, financial and security situations are recorded monetary policy success in absorbing large shocks to Iraq, will have to improve oil prices and the elimination of al Daesh terrorist significant impact in supporting the country 's financial situation, and thus relieve the pressure on monetary policy and to allow them the opportunity to achieve greater monetary stability to this country. "

[yota691]

Central attributed the decline in the dollar exchange rate to apply the new system to sell the currency window

 

Wednesday, 1 March 2017 14:30

 

 

 

 

 

 

Alsumaria News / Baghdad  attributed the Central Bank of Iraq, Wednesday, depreciation of the US dollar exchange rate against the Iraqi dinar in the local markets, to implement the new system , the application window to sell foreign currency, as he emphasized his intention to take additional measures to reach the target price.  The bank said in a statement Alsumaria News received a copy of it, that " the implementation of the new system applied to a window sale of foreign currency led to a marked decline in the exchange rate of the dollar against the Iraqi dinar , " noting that " the new system removed the middlemen and hackers by changing the requirements and procedures toward simplification and transparency in the sale of foreign currency window operations, as the new system of window competition between banks believe on the basis of the extent of compliance with the rules to combat money laundering and terrorist financing. "         The bank added that " the success of the new system are encouraged to take additional measures that the legitimate demand for the dollar up to the target price by applying programs and new standards and rules check the clarity and transparency of these operations to cover"  .  The bank noted that "control over the exchange rates in light of the challenges of economic, financial and security situations are recorded monetary policy success in absorbing large shocks to Iraq , " stressing that " the improvement in oil prices and the elimination of al Daesh terrorist will be instrumental in supporting the country 's financial situation , thus relieving the pressure on monetary policy and to allow them the opportunity to achieve greater monetary stability to this country. "  The local market has seen a marked decline in the dollar against the Iraqi dinar and by five thousand dinars to the category of $ 100.

[yota691]

Central confirms the application of the new system of window sell the currency led to a decline in the dollar exchange rate

 

 

Economy News / Baghdad ...       The Central Bank of Iraq, on Thursday, that the implementation of the new system applied to a window sale of foreign currency led to a marked decline in the exchange rate of the dollar against the Iraqi dinar.   The central bank said in a statement received "Economy News" that the new system removed the middlemen and hackers by changing requirements and actions toward simplification and transparency in the sale of foreign currency window operations, as the new system of window competition between banks believe on the basis of the extent of compliance with the rules to combat money laundering and terrorist financing.   He added that the new system's success and cooperation with the Iraqi banks are encouraged to take additional measures that the legitimate demand for the dollar up to the target price by applying programs and new standards and rules to achieve a clear and transparent cover those operations.   He noted that the control of the exchange rates in light of the challenges of economic, financial and security situations are recorded monetary policy success in absorbing large shocks to Iraq, will have to improve oil prices and the elimination of al Daesh terrorist significant impact in supporting the country's financial situation, and thus relieve the pressure on monetary policy and to allow for it to achieve greater monetary stability to the country.       mm
Views 962   Added 01/03/2017 - 14:39   Last updated 01/03/2017 - 16:37   No. Content 6819

[The Englishman]

"  The bank added that the preventive procedures will continue till  reaching the targets for the price of the US dollar, but no details  were given about the targets. "

 

WEDNESDAY, MARCH 1, 2017

Decline in $ prices in Iraq

 

4:38 PM  ADMIN  

 

Baghdad/ Iraq TradeLink: The Central Bank of Iraq attributed the decline in the price of the US dollar

before the Iraqi dinar was due to the implementation of the new regulations adopted by the bank.

 

In a statement, the CBI added that the new bank's policy led to "pushing aside the intermediaries" through transparent procedures in selling the foreign currency.

 

It added that the competition among the banks in abiding by anti-money laundering and financing terrorism were the main reasons for the decline.

 

The bank added that the preventive procedures will continue till reaching the targets for the price of the US dollar, but no details were given about the targets.

 

 

The decline reached to 5000 Iraqi dinars for each 100 dollars.

 

 

Posted in: Baghdad,Economy

[bostonangler]

Is this saying what I think it is saying? Are dollars getting cheaper against The Dinar?

 

B/A

[Artitech]

The dollar, has fallen last week and this week! I think thats what I heard!

[235snack]

5000 dinars/$100 means 1 dinar at $0.02

[Officiallytook]

 

[Rmc10]

Will Adam kick us non  Vip DV members off if it revalues to .02? I still want to know the info about the news articles and things still. My hubby won't let me join VIP.

[Rmc10]

I enjoy being on here. 

[davis411]

51 minutes ago, Rmc10 said:

Will Adam kick us non  Vip DV members off if it revalues to .02? I still want to know the info about the news articles and things still. My hubby won't let me join VIP.

.02

thats crazy talk

[Rmc10]

So is that article wrong then when it says 5000 dinar to $100 USD? That's .02 

[Artitech]

If its .02 I might take money and run. JMHO, it would have to be around what S.A. is around .30! That is what I heard it was! If it goes to .30 I know I'm gone of this train!

[Rmc10]

I'm waiting till it goes higher than that. That's their plan though it my opinion. Start low and work it until it gets higher. A lot of investors will take the lower amounts and other investors will buy and sit on it until it gains value. I got $7 million dinar. Most likely getting 1 million more. I want to retire early.

[Gypsygirl11]

10 hours ago, The Englishman said:

The decline reached to 5000 Iraqi dinars for each 100 dollars.

Well .02 would be a start anyway!  Time will tell.

 

Edited March 2, 2017 by Gypsygirl11

[Gypsygirl11]

10 hours ago, The Englishman said:

The bank added that the preventive procedures will continue till reaching the targets for the price of the US dollar, but no details were given about the targets.

Sounds like it will continue until reaching a buck.

[ChuckFinley]

43 minutes ago, Gypsygirl11 said:

Well .02 would be a start anyway!  Time will tell.

 

It may be .02 but would you turn in your dollars, that are worth more, for something that is would .02?

[jmartin1145]

11 minutes ago, ChuckFinley said:

It may be .02 but would you turn in your dollars, that are worth more, for something that is would .02?

With all due respect. I think that a lot of people are thinking that they turned their dollars in for toilet paper hoping for the best. Some people are tired of this ride.

 

[Gypsygirl11]

17 minutes ago, ChuckFinley said:

It may be .02 but would you turn in your dollars, that are worth more, for something that is would .02?

The answer is...NO, I would not. Shouldn't take it long to rise though (wishful thinking).

Edited March 2, 2017 by Gypsygirl11

[Gypsygirl11]

11 hours ago, The Englishman said:

"  The bank added that the preventive procedures will continue till  reaching the targets for the price of the US dollar, but no details  were given about the targets. "

 

WEDNESDAY, MARCH 1, 2017

Decline in $ prices in Iraq

 

4:38 PM  ADMIN  

 

Baghdad/ Iraq TradeLink: The Central Bank of Iraq attributed the decline in the price of the US dollar

before the Iraqi dinar was due to the implementation of the new regulations adopted by the bank.

 

 

In a statement, the CBI added that the new bank's policy led to "pushing aside the intermediaries" through transparent procedures in selling the foreign currency.

 

 

It added that the competition among the banks in abiding by anti-money laundering and financing terrorism were the main reasons for the decline.

 

 

The bank added that the preventive procedures will continue till reaching the targets for the price of the US dollar, but no details were given about the targets.

 

 

 

The decline reached to 5000 Iraqi dinars for each 100 dollars.

 

 

 

Posted in: Baghdad,Economy

 

[Tonygrasso]

.02 is 20,000.00/million. That's a 2000 % gain. Not enough to retire on for most probably. I seriously doubt that when they finally do adjust the value it's to .02. Lower denims will probably be distributed with the same value as a three zero note long enough to collect the three zero notes (so swap a 25000 for a 25 with same purchasing power) then demonetize the big notes and change exchange rate, effectively removing the three zeros from the exchange rate and were at .83-.86. Not a lop because we get the rate as well and a lot longer to sit on the three zero notes we own as investors. The people will only get purchasing power and different money to use.  Then it's off to Haiti, I mean Tahiti 

[DoD]

11 hours ago, bostonangler said:

Is this saying what I think it is saying? Are dollars getting cheaper against The Dinar?

 

B/A

 You are correct, the rate just a few weeks ago was over 1300 Dinars to 1 US dollar. Today it is 1245 Dinars to 1 US dollar. What we're looking for is a 1205 Dinar to 1 US dollar rate, that will put it in the 2% range. 

The 5000 Dinar is what your saving when you buy a 100 US dollar today from yesterday, it appears someone calculated it to be 2 cents. I'm hoping tomorrow the rate to drop to 1239 or a little more but it is trending down....finally