The Recovery Of The Iraqi Dinar !

[handy]

Now go to this link of the CBI ...  https://cbi.iq/news/view/592  and notice the date of the news streaming ..... as compared to the news streaming here ...  http://cbi.3eyon-host.net/news/view/59

[Rmc10]

The dollar and the euro values on the test site were always that way to my recollection. The Canadian dollar and the other exchange rates didn't match up though. 

[DinarThug]

This Financial Court Is Now In Session - Please Rise ...

 

     

 

On 3/10/2018 at 3:13 PM, DinarThug said:

The rise in the value of the dinar strengthens international confidence in the Iraqi economy

 

11/3/2018 12:00 am 

I mentioned it to local markets 

Baghdad / Hussein Thugb 

The recovery of the Iraqi dinar and the stability of the exchange rate leads to the strengthening of international confidence in the national economy, where local markets indicated an increase in the value of the Iraqi dinar against the dollar and conflicting views on this and came the opinion of the Central Bank to be the subject. 

Director of operations at the Central Bank of Iraq, Mahmoud Dagher, said that "the improvement of the value of the Iraqi dinar against the dollar recently, is not a new phenomenon, but the outcome of the work continued for a full year, was through the identification of large measures on the process of currency presentation and address violations of demand. Classification and audit and noted that "over the past year we were able to achieve great stability of the upper and lower limits to the dollar either Aldnyar, and then we moved to a new situation this year , represented a new classification procedures adopted and auditing, as well as the offer." Greater coverage and added that " it is hard to be one variable indicator in this change , there are several measures and cover greater demand for the dollar, as well as emphasis on control over the sales operations with banks and regulate this process accurately based on  classifications.

And Dagher that the improvement of the performance of the Iraqi economy and the transition from the state of war to the state of peace has been a reflection on the performance of various joints of the Iraqi economy, including clear monetary policy. Coincided with adjusting measures  and pointed out that "demand for the dollar by selling window has not changed, but that has occurred, to initiate a relatively larger coverage on demand coincided with adjusting measures , " noting that "there are inconsistencies in the markets sometimes indicate price levels  relative." He said: "The official price target of the dollar is 1200 dinars per dollar," pointing out that "the gap in the exchange market in the presence of a fixed price adopted by the central is available in many economies, an acceptable change." Work towards the goal

He stressed that the year 2018 witnessed additional measures aimed at addressing the gap in the exchange rate of the dinar against the dollar and continue to work to achieve the goal, and in the absence of a shock of different types lead to confusion of the market, the Central is able to address any difference and also able to improve the performance of the purchasing power of the currency national and upgrading service to the citizen, and that some 28 million Iraqis will benefit from improved purchasing power and must work economic policies  
combined classification electronic and alerted Dagher to the Central Bank covers the demand for the dollar officially and has not changed from what it was during the past year, according to the request of banks, according to classification The demand for the dollar cover and take place in accordance with the classification process is electronic, and the bank that aims to increase the demand , it is upgrading Atadhavh attic. Cash reserve

He stressed that the cash reserve of Iraq exceeded (50) billion dollars, and it is time for banks to diversify their portfolios through the settlement of salaries through ways to attract traders and importers who are more familiar with the market, and should work in this direction in the future. The steps of the development of the Executive Director of the Association of Iraqi private banks Ali Tariq stressed that "the mechanisms of the Association supports efforts to stabilize the exchange rate and the strength of the Iraqi dinar, which has gradually recovered during the last period."

Tariq pointed out that "the Association represents a source of support system">support for the work of the Central Bank of Iraq, which took on a series of measures that enhance the reality of the financial sector, and thus enhance the value of the exchange rate of the dinar," noting that "the promotion of human resources is the most important steps to develop the field of banks and advanced services that The Association has prepared an integrated annual plan in this direction to raise the efficiency of employees in the banking sector, both public and private, which in turn strengthens the strength of the financial sector in all its details. 
He pointed out that "the stability of the exchange rate is an important step in support system">support of the national economy and increase international confidence in all its joints." Monetary policy

Economist Samir al-Nusairi had pointed out that the great and extraordinary efforts made by the Central Bank of Iraq during the past two years greatly influenced the development of monetary policy tools and the specific procedures of the specialized departments in the Central Bank and direct supervision of the banking sector and its assessment and classification in accordance with international standards, The banks, which were supporting the implementation of the plans of the Central Bank, contributed significantly to the recovery of the Iraqi dinar compared to the US dollar exchange rate.
 He stressed that "the Association of Iraqi private banks and urged the departments of banks on the need to support system">support the directions of the Central Bank in the service of the national economy and harness the potential of private banks to achieve the central goal is to work on the recovery of the Iraqi dinar and raise its monetary value and purchase against the US dollar," noting "the importance of working on the continuation of the situation Recovery and to take advantage of the economic and investment openness from the countries of the world to 
 Iraq. "

link

 

The rise in the value of the dinar strengthens international confidence in the Iraqi economy

 

11/3/2018 12:00 am 

I mentioned it to local markets 

Baghdad / Hussein Thugb 

The recovery of the Iraqi dinar and the stability of the exchange rate leads to the strengthening of international confidence in the national economy, where local markets indicated an increase in the value of the Iraqi dinar against the dollar and conflicting views on this and came the opinion of the Central Bank to be the subject. 

Director of operations at the Central Bank of Iraq, Mahmoud Dagher, said that "the improvement of the value of the Iraqi dinar against the dollar recently, is not a new phenomenon, but the outcome of the work continued for a full year, was through the identification of large measures on the process of currency presentation and address violations of demand. Classification and audit and noted that "over the past year we were able to achieve great stability of the upper and lower limits to the dollar either Aldnyar, and then we moved to a new situation this year , represented a new classification procedures adopted and auditing, as well as the offer." Greater coverage and added that " it is hard to be one variable indicator in this change , there are several measures and cover greater demand for the dollar, as well as emphasis on control over the sales operations with banks and regulate this process accurately based on  classifications.

And Dagher that the improvement of the performance of the Iraqi economy and the transition from the state of war to the state of peace has been a reflection on the performance of various joints of the Iraqi economy, including clear monetary policy. Coincided with adjusting measures  and pointed out that "demand for the dollar by selling window has not changed, but that has occurred, to initiate a relatively larger coverage on demand coincided with adjusting measures , " noting that "there are inconsistencies in the markets sometimes indicate price levels  relative." He said: "The official price target of the dollar is 1200 dinars per dollar," pointing out that "the gap in the exchange market in the presence of a fixed price adopted by the central is available in many economies, an acceptable change." Work towards the goal

He stressed that the year 2018 witnessed additional measures aimed at addressing the gap in the exchange rate of the dinar against the dollar and continue to work to achieve the goal, and in the absence of a shock of different types lead to confusion of the market, the Central is able to address any difference and also able to improve the performance of the purchasing power of the currency national and upgrading service to the citizen, and that some 28 million Iraqis will benefit from improved purchasing power and must work economic policies  
combined classification electronic and alerted Dagher to the Central Bank covers the demand for the dollar officially and has not changed from what it was during the past year, according to the request of banks, according to classification The demand for the dollar cover and take place in accordance with the classification process is electronic, and the bank that aims to increase the demand , it is upgrading Atadhavh attic. Cash reserve

He stressed that the cash reserve of Iraq exceeded (50) billion dollars, and it is time for banks to diversify their portfolios through the settlement of salaries through ways to attract traders and importers who are more familiar with the market, and should work in this direction in the future. The steps of the development of the Executive Director of the Association of Iraqi private banks Ali Tariq stressed that "the mechanisms of the Association supports efforts to stabilize the exchange rate and the strength of the Iraqi dinar, which has gradually recovered during the last period."

Tariq pointed out that "the Association represents a source of support system">support for the work of the Central Bank of Iraq, which took on a series of measures that enhance the reality of the financial sector, and thus enhance the value of the exchange rate of the dinar," noting that "the promotion of human resources is the most important steps to develop the field of banks and advanced services that The Association has prepared an integrated annual plan in this direction to raise the efficiency of employees in the banking sector, both public and private, which in turn strengthens the strength of the financial sector in all its details. 
He pointed out that "the stability of the exchange rate is an important step in support system">support of the national economy and increase international confidence in all its joints." Monetary policy

Economist Samir al-Nusairi had pointed out that the great and extraordinary efforts made by the Central Bank of Iraq during the past two years greatly influenced the development of monetary policy tools and the specific procedures of the specialized departments in the Central Bank and direct supervision of the banking sector and its assessment and classification in accordance with international standards, The banks, which were supporting the implementation of the plans of the Central Bank, contributed significantly to the recovery of the Iraqi dinar compared to the US dollar exchange rate.
 He stressed that "the Association of Iraqi private banks and urged the departments of banks on the need to support system">support the directions of the Central Bank in the service of the national economy and harness the potential of private banks to achieve the central goal is to work on the recovery of the Iraqi dinar and raise its monetary value and purchase against the US dollar," noting "the importance of working on the continuation of the situation Recovery and to take advantage of the economic and investment openness from the countries of the world to 
 Iraq. "

link

Edited March 11, 2018 by DinarThug

[nannab]

Oh for the love of all that is holy!!!! Push the stupid button!!!!!   Ah I feel better now. 

[3n1]

over 50 billion in reserves is getting back to the levels shabibi would maintain the central bank .. liking all that 

[Wiljor]

1 hour ago, nannab said:

Oh for the love of all that is holy!!!! Push the stupid button!!!!!   Ah I feel better now. 

 

Hop on nannab, this usually takes my edge off          

[Synopsis]

6 hours ago, Half Crazy Runner said:

 

👍🏻  That 1.20 was the rate that was showing on that hidden CBI page months ago, right? I think the calculation was 1.20 dinar per dollar, making the value about .83..? I’d take it either way in a heartbeat!! 

And to quote Synopsis..

Go Moola Nova!!

 

By All Means, Half Crazy Runner, For Sure!!!                

 

And (if I may humbly add)....................................................................................................................

 

Go Moola Nova!

[TOMINVEGAS]

Yeah well they talk and put out these great articles etc. but they never do anything for one reason or another.....still waiting 

[10 YEARS LATER]

2 hours ago, nannab said:

Oh for the love of all that is holy!!!! Push the stupid button!!!!!   Ah I feel better now. 

 

      Luuuuuuuuuuvvvvvvvv IT

[chris2028]

Hey DV's! I don't post much but read alot of posts instead. I threw in the towel on this investment almost a yr ago. We all know how frustrating it can be. As I was going to sell my dinar I was watching the news when our POTUS announced his ban on certain countries. When  Iraq was on that list I knew I had made the right decision to sell. I listed it and I remember being at my desk saying if Iraq ever gets off that list then maybe there's a chance. Well shortly after Mr. Trump took them off the list with little explanation. It was barely even talked about and nobody questioned it.  I immediately unlisted my Dinar and put it back in my safe. Ladies and Gentlemen that one move to me was the most significant thing, because it showed that the powers that be know for certain change is coming to Iraq and they must keep them in a functional welcoming state. Just my two cents. We are almost there! Go RV

[DinarThug]

LINK

Al-Nasiri: Baghdad International Book Fair is a cultural and economic demonstration to promote financial inclusion

 

 

12th March, 2018

The economic and banking consultant of the Association of Iraqi Private Banks Samir al-Nusairi said on Monday that the expectations of the outstanding participation of government and private banks in the Baghdad International Book Fair,which will be opened on March 29 and under the patronage of Prime Minister D Haider al-Abadi and in the presence of government figures, representatives of the private sector, Economic and banking and sponsored by the strategic partnership of the Central Bank of Iraq and the Association of Iraqi private banks.  

Al-Nusairi said in an interview with "Economy News" that "the Association of Banks will organize 10 workshops and seminars cultural, economic and banking, including the dissemination of culture and banking awareness, run by his professors and specialists in the strategy of financial inclusion and stability in the financial system and monetary system and challenges of the banking sector and reform strategy and the contributions of banks in community initiatives The project of Baghdad, the empowermentof young people, the empowerment of the elite and the financing of small and medium enterprises. On the sidelines of the exhibition, a new signing ceremony will be held for researchers, professors and specialists. 

Al Nusairi called on all banks to participate in the activities of the fair and to actively contribute to the banking awareness, the settlement of salaries, the promotion and delivery of their banking products and their modern technical services to the public directly and using modern educational and educational methods in accordance with the banking awareness regulations supervised and monitored by the Central Bank. Achieving financial coverage and access to banking services to a wide range of citizens. 

A total of 150 companies, a publishing and distribution house and 400 participants from different countries are expected to attend the exhibition.

[DinarThug]

https://cbi.iq/news/view/627

Announcement to the holders of national bonds / first issue

 

 

March 12, 2018

 

To the purchasers of the national bonds / first issuances of banks and citizens

[DinarThug]

Just now, DinarThug said:

Announcement to the holders of national bonds / first issue

 

 

March 12, 2018

 

To the purchasers of the national bonds / first issuances of banks and citizens

 

https://cbi.iq/news/view/627

Announcement to the holders of national bonds / first issue

 

 

March 12, 2018

 

To the purchasers of the national bonds / first issuances of banks and citizens

 

 

 

Translation ...

 

 

To the National Bonds / First Certificate holders
Of banks and citizens
M / A
good greeting
We would like to point out that the trading of the first national bonds / issuances has been suspended in a market
Iraq Securities and the consideration of 1 +? And that their mortality in the 8/3/1 7.1
with respect..

[blueskyline]

Thanks Thug 

[Half Crazy Runner]

2 hours ago, DinarThug said:

LINK

Al-Nasiri: Baghdad International Book Fair is a cultural and economic demonstration to promote financial inclusion

 

 

12th March, 2018

The economic and banking consultant of the Association of Iraqi Private Banks Samir al-Nusairi said on Monday that the expectations of the outstanding participation of government and private banks in the Baghdad International Book Fair,which will be opened on March 29 and under the patronage of Prime Minister D Haider al-Abadi and in the presence of government figures, representatives of the private sector, Economic and banking and sponsored by the strategic partnership of the Central Bank of Iraq and the Association of Iraqi private banks.  

Al-Nusairi said in an interview with "Economy News" that "the Association of Banks will organize 10 workshops and seminars cultural, economic and banking, including the dissemination of culture and banking awareness, run by his professors and specialists in the strategy of financial inclusion and stability in the financial system and monetary system and challenges of the banking sector and reform strategy and the contributions of banks in community initiatives The project of Baghdad, the empowermentof young people, the empowerment of the elite and the financing of small and medium enterprises. On the sidelines of the exhibition, a new signing ceremony will be held for researchers, professors and specialists. 

Al Nusairi called on all banks to participate in the activities of the fair and to actively contribute to the banking awareness, the settlement of salaries, the promotion and delivery of their banking products and their modern technical services to the public directly and using modern educational and educational methods in accordance with the banking awareness regulations supervised and monitored by the Central Bank. Achieving financial coverage and access to banking services to a wide range of citizens. 

A total of 150 companies, a publishing and distribution house and 400 participants from different countries are expected to attend the exhibition.

 

I love it when Thug highlights an article and makes it all bold and colorful 👍🏻😁

 

Thanks Thug!!  

[ChuckFinley]

5 hours ago, chris2028 said:

Hey DV's! I don't post much but read alot of posts instead. I threw in the towel on this investment almost a yr ago. We all know how frustrating it can be. As I was going to sell my dinar I was watching the news when our POTUS announced his ban on certain countries. When  Iraq was on that list I knew I had made the right decision to sell. I listed it and I remember being at my desk saying if Iraq ever gets off that list then maybe there's a chance. Well shortly after Mr. Trump took them off the list with little explanation. It was barely even talked about and nobody questioned it.  I immediately unlisted my Dinar and put it back in my safe. Ladies and Gentlemen that one move to me was the most significant thing, because it showed that the powers that be know for certain change is coming to Iraq and they must keep them in a functional welcoming state. Just my two cents. We are almost there! Go RV

Good job chris2028, it does get disappointing at times here. You just need to ride it out. Hang in there  my friend.  

Edited March 12, 2018 by ChuckFinley

[Theseus]

5 hours ago, chris2028 said:

Hey DV's! I don't post much but read alot of posts instead. I threw in the towel on this investment almost a yr ago. We all know how frustrating it can be. As I was going to sell my dinar I was watching the news when our POTUS announced his ban on certain countries. When  Iraq was on that list I knew I had made the right decision to sell. I listed it and I remember being at my desk saying if Iraq ever gets off that list then maybe there's a chance. Well shortly after Mr. Trump took them off the list with little explanation. It was barely even talked about and nobody questioned it.  I immediately unlisted my Dinar and put it back in my safe. Ladies and Gentlemen that one move to me was the most significant thing, because it showed that the powers that be know for certain change is coming to Iraq and they must keep them in a functional welcoming state. Just my two cents. We are almost there! Go RV

Why would you take your dinar out of the safe if it had not been sold? You don't post much but have over 300 posts?

[chris2028]

1 minute ago, Theseus said:

Why would you take your dinar out of the safe if it had not been sold? You don't post much but have over 300 posts?

I took it out of my safe at home to look at and potentially sale. As for me not posting much I'm referring to the fact i do not start conversations and or post like many DV members do. I comment or say something like thank you. 300 posts over 6 years is not much, but whose counting. Enjoy your day. :-)

[chris2028]

38 minutes ago, ChuckFinley said:

Good job chris2028, it does get disappointing at times here. You just need to ride it out. Hang in there  my friend.  

Thanks CF. I appreciate the kind words. Good news keeps coming our way!

[ChuckFinley]

44 minutes ago, chris2028 said:

Thanks CF. I appreciate the kind words. Good news keeps coming our way!

I feel very positive about where this investment is going. More has happen in the last few weeks than the last few years. Glad your still in the game. 

[NEPatriotsFan1]

18 minutes ago, ChuckFinley said:

I feel very positive about where this investment is going. More has happen in the last few weeks than the last few years. Glad your still in the game. 

Agreed Chuck, there is a crescendo building quietly under the surface..... this will pop sooner or later so we can all move on 

[ChuckFinley]

46 minutes ago, NEPatriotsFan1 said:

Agreed Chuck, there is a crescendo building quietly under the surface..... this will pop sooner or later so we can all move on 

I agree. A lot of the things we have been talking about are now being voted on or being bought up in government.   All good   

[Officiallytook]

 

[Argyll]

7 hours ago, ChuckFinley said:

Good job chris2028, it does get disappointing at times here. You just need to ride it out. Hang in there  my friend.  

 

I agree whole heartedly, CF! 

 

12 hours ago, chris2028 said:

Hey DV's! I don't post much but read alot of posts instead. I threw in the towel on this investment almost a yr ago. We all know how frustrating it can be. As I was going to sell my dinar I was watching the news when our POTUS announced his ban on certain countries. When  Iraq was on that list I knew I had made the right decision to sell. I listed it and I remember being at my desk saying if Iraq ever gets off that list then maybe there's a chance. Well shortly after Mr. Trump took them off the list with little explanation. It was barely even talked about and nobody questioned it.  I immediately unlisted my Dinar and put it back in my safe. Ladies and Gentlemen that one move to me was the most significant thing, because it showed that the powers that be know for certain change is coming to Iraq and they must keep them in a functional welcoming state. Just my two cents. We are almost there! Go RV

 

I believe we've all felt that, a little bit, Chris2028!

As for me, I've thought on more then one occasion, that my life would be so less stressful, if I just got off this CRAZY Roller coaster!

But...when I've felt that way...I'll read something, or I get a text/phone call from someone, and once again...just like that, (snap of fingers) I'm back in and excited!  

Its definitely a storm, my DV family...we just have to weather it! Things, they are a changing for the best.  Be safe my friends!

[DinarThug]

Confirmation of the possibility of raising the credit rating of Iraq

     

---

   

13/3/2018 12:00 am 

During the second half of 2018

Baghdad / Mustafa Al Hashemi

A higher degree of sovereign credit rating for any country is an economic gain and reflects the environment and the investment climate which gives it an incentive to be stable and attractive countries for investments and able to repay their debts in the event of a shock to the economy.

In this regard, the economic researcher Firas Amer called for "speeding up the restructuring of the banking sector, which would raise the credit rating of Iraq because banks are the backbone of the economy, especially as we live in the days of victory over the" dashing "which should be followed by an economic victory that strengthens the position of Iraq between countries". 
The GCR, an abbreviation of global credit rating, is defined as a measure of the borrower's ability to meet obligations vis-à-vis lenders, in other words, the risk of default by the lender (issuer of the bond) in fulfilling its obligations (loan value and interest  
) . Better degree

Amer said in an interview with Al-Sabah that "obtaining a rating rating, better than the current high at B-, by the three global credit rating institutions is not difficult, but it is linked to the existence of real management to fulfill its requirements," noting that " Higher than Iraq's credit rating of Standard & Poor's, Fitch and Moody's is through the adoption of governance in managing the financial and production portfolios of 
 Iraq. " Credit rating The world's credit rating is rated 4, A, B, C and D along with the variables that represent a + or - and different frequency. The three credit rating agencies, Standard & Poor's, Moody's and Fitch, generally assess debt risk for both corporate and government debt issuances. Classification of Iraq

Standard & Poor's, the world's largest credit rating agency, has confirmed Iraq's credit rating at B- / B and has given it a stable outlook, adding that the fall in oil prices has kept financial and external pressures, noting that Iraq has huge reserves It has large oil exports, reducing fears in this area, so the agency attached to its classification with stable prospects, usually the growth of the country that will remain stable in the medium term due to a large increase in oil production, which will reduce the pressure of the budget. 
Amer said that "the liberation of Iraqi cities from the grip of" terrorist "will affect the high degree of classification, and hoped to be achieved during the second half of 2018, which would increase the attractiveness of foreign investment, which will achieve economic stability followed by stability in public matters that Will be reflected on the economy and income of the citizen 
 and the family. "

The adviser to Prime Minister Dr. "The agency is conducting a review of the classification level every six months through its meeting with financial institutions and the Ministry of Planning and the security authorities and the rest of the relevant departments, stressing that the indicators confirm the liberation of the cities of Iraq during the current year of terrorism." 
"The stability of Iraq will give it the highest ratings with a stable outlook in view of its global reputation in the payment of its financial obligations in addition to having the resources to qualify for the highest credit rating."

http://www.alsabaah.iq/Article.....?ID=154117