navira Posted September 23, 2018 Report Share Posted September 23, 2018 Lower denoms to be launched next October, the trillion dollars initiative, and the recent article where CBI announced to recieve all dollars coming from all banks....guys, it is time to get those dancing shoes ready. Cheers all 4 2 3 Link to comment Share on other sites More sharing options...
navira Posted September 23, 2018 Report Share Posted September 23, 2018 Dollarize(we past this)-----rv(this is next to occur, giving purchasing power to dinar)------dedollarize(cbi accepting all dollars from all banks....and then the trillion dinars initiative. 2 3 3 Link to comment Share on other sites More sharing options...
6ly410 Posted September 23, 2018 Report Share Posted September 23, 2018 1 3 Link to comment Share on other sites More sharing options...
6ly410 Posted September 23, 2018 Report Share Posted September 23, 2018 Looking good.... 1 3 Link to comment Share on other sites More sharing options...
Laid Back Posted September 23, 2018 Report Share Posted September 23, 2018 36 minutes ago, navira said: Dollarize(we past this)-----rv(this is next to occur, giving purchasing power to dinar)------dedollarize(cbi accepting all dollars from all banks....and then the trillion dinars initiative. navira, my friend I think you’re onto something.! Dollarize ~ RV ~ Dedollarize..... Have been my theory for years.! Dollarize... Flood the market with dollars Rv.... Increase the dinar rate equal or higher than the dollar and roll out lower denominations notes Dedollarize..... Collect the dollars from the local market The private banks need to start lending money because they can’t profit from the currency window anymore.! CBI is moving forward to an open market economy. Go RV Go $1:1 3 4 8 Link to comment Share on other sites More sharing options...
navira Posted September 23, 2018 Report Share Posted September 23, 2018 LB, my friend, iam hoping(it is worth the hope for) our blessing comes later this month...fingerscross. cheers to all dvers 1 2 4 Link to comment Share on other sites More sharing options...
Laid Back Posted September 23, 2018 Report Share Posted September 23, 2018 15 minutes ago, navira said: LB, my friend, iam hoping(it is worth the hope for) our blessing comes later this month...fingerscross. cheers to all dvers I hope my friend, it’s been a long wait. Cheers.! Go RV asap 1 3 Link to comment Share on other sites More sharing options...
CSM (R) Thack Posted September 23, 2018 Report Share Posted September 23, 2018 1 hour ago, Botzwana said: I am on the Navira train! You too 6ly410! Okay...I’ll jump on board!!🇺🇸👍 5 Link to comment Share on other sites More sharing options...
ChuckFinley Posted September 23, 2018 Report Share Posted September 23, 2018 3 hours ago, CSM (R) Thackrey said: Okay...I’ll jump on board!!🇺🇸👍 Same here. 1 2 Link to comment Share on other sites More sharing options...
6ly410 Posted September 24, 2018 Report Share Posted September 24, 2018 http://economy-news.net/content.php?id=13772 Al-Nusseiri: Central Bank Governor stresses the need to activate the SME initiative Banks- Economy News _ Baghdad The governor of the Central Bank of Iraq, on Monday, the need to activate the initiative of the Central Bank of Iraq to finance small and medium enterprises, which aims to revitalize the economic cycle in the country. The banking adviser to the Association of Iraqi private banks, Samir Nusairi said in an interview with "Economy News", "The Governor of the Central Bank addressed during the regular meeting with banks on the need to activate the initiative to finance small and medium projects, which aims to revitalize the economic cycle of the country, Governmental He added that "the Central Bank called for a meeting on Thursday, 27/9/2018 at the headquarters of the Central Bank to discuss ways to activate loans to finance small and medium-sized projects in light of the experience of banks in lending and reconsider the interest rates adopted and motivated by the increase in the number of loans granted to these projects." He pointed out that "banks call for giving flexibility in the identification of sectors and projects and reconsider some of the conditions and instructions governing the mechanisms of lending." 4 4 4 Link to comment Share on other sites More sharing options...
navira Posted September 24, 2018 Report Share Posted September 24, 2018 9/27/2018 is the meeting....wow. This is late in the month of Sept. Hope our blessing comes after this meeting. Cheers all dvers. Thanks bro for this super great article 1 12 Link to comment Share on other sites More sharing options...
6ly410 Posted September 24, 2018 Report Share Posted September 24, 2018 1 1 1 1 Link to comment Share on other sites More sharing options...
Laid Back Posted September 24, 2018 Report Share Posted September 24, 2018 The CBI is telling the banks, it’s time to start lending money for small and medium sized project to activate the economy. The banks can’t profit from the currency window anymore, like they did in the past. CBI is moving forward to an open market economy I think 2019 for an increase of the dinar exchange rate Go CBI Go RV Go $1:1 1 6 6 Link to comment Share on other sites More sharing options...
6ly410 Posted September 24, 2018 Report Share Posted September 24, 2018 (edited) Edited September 24, 2018 by 6ly410 Link to comment Share on other sites More sharing options...
6ly410 Posted September 24, 2018 Report Share Posted September 24, 2018 4 minutes ago, Laid Back said: The CBI is telling the banks, it’s time to start lending money for small and medium sized project to activate the economy. The banks can’t profit from the currency window anymore, like they did in the past. CBI is moving forward to an open market economy I think 2019 for an increase of the dinar exchange rate Go CBI Go RV Go $1:1 2018 my vote 1 4 Link to comment Share on other sites More sharing options...
climber7 Posted September 24, 2018 Report Share Posted September 24, 2018 26 minutes ago, Laid Back said: I think 2019 for an increase of the dinar exchange rate Why so far out? 1 Link to comment Share on other sites More sharing options...
Spartakus Posted September 24, 2018 Report Share Posted September 24, 2018 May be first week of October, 2018. And also the last quarter of the year. 1 Link to comment Share on other sites More sharing options...
navira Posted September 24, 2018 Report Share Posted September 24, 2018 Iraq has a very low inflation rate, this one of the factors that strenghtens iraq purchasing power. The other factor is high interest rates thru lending in the form of credit...the higher the interest rate, the greater the purchasing power because there is a high demand for the country's currency. Now this article talks about activating the initiative by way of financing or lending small n medium enterprises in order to acrivate the economy in the country. The CBI recently announced the introduction of lower denoms(new notes) replacing the damaged notes to begin next month(October)..and they are accepting/collecting dollars(which i think is the dedollarization process) Overall, i really see something happening with the dinars purchasing power going up in value before this week's end(cant hurt to hope).I still stick with this order: Dollarize----rv-----then dedollarize---execute the initiative to activate the economy. Cheers all dvers. 3 6 Link to comment Share on other sites More sharing options...
6ly410 Posted September 24, 2018 Report Share Posted September 24, 2018 2 minutes ago, navira said: I still stick with this order: Dollarize----rv-----then dedollarize---execute the initiative to activate the economy. Cheers all dvers. 100 % Go IQD 2 3 Link to comment Share on other sites More sharing options...
10 YEARS LATER Posted September 24, 2018 Report Share Posted September 24, 2018 We're only at the " stresses the need " part of this master plan; not popping the champagne just yet. At least its a topic of accelerated talk these days . . . talk is what the excel at. 1 1 1 Link to comment Share on other sites More sharing options...
6ly410 Posted September 24, 2018 Report Share Posted September 24, 2018 8 minutes ago, 10 YEARS LATER said: not popping the champagne just yet that could change pretty quick...imo 3 3 Link to comment Share on other sites More sharing options...
6ly410 Posted September 24, 2018 Report Share Posted September 24, 2018 man this is looking good...I am pumped ..bring it home dinar!! 5 Link to comment Share on other sites More sharing options...
Laid Back Posted September 24, 2018 Report Share Posted September 24, 2018 2 hours ago, 6ly410 said: 2018 my vote I hope my friend... been waiting for long time., 2 hours ago, climber7 said: Why so far out? My friend climber7, - cbi continues developing the banking system - Government not seated yet - Budget 2019 - imf SBA 2016-2019 Dont get me wrong..... I want my RV asap.! 3 2 Link to comment Share on other sites More sharing options...
NoviceInvestor Posted September 25, 2018 Report Share Posted September 25, 2018 4 hours ago, 6ly410 said: man this is looking good...I am pumped ..bring it home dinar!! I am not sure what your seeing because as I read they are still in the "plan" or "stressing the need" stage.. However I do hope your invested enthusiasm which is refreshing is closer to the mark than just talking about it.. 1 Link to comment Share on other sites More sharing options...
climber7 Posted September 25, 2018 Report Share Posted September 25, 2018 4 hours ago, Laid Back said: I hope my friend... been waiting for long time., My friend climber7, - cbi continues developing the banking system - Government not seated yet - Budget 2019 - imf SBA 2016-2019 Dont get me wrong..... I want my RV asap.! Thanks bud, Always appreciate your perspective 👍 1 Link to comment Share on other sites More sharing options...
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