The Recovery Of The Iraqi Dinar !

[DinarThug]

LINK

Reasons for the rise of the dinar against the dollar

27th February, 2018

Bassel Abbas Khudair ...

More than two weeks ago, the exchange rate of the Iraqi dinar rises against the exchange rate of the US dollar, as the price of $ 100 currently in the banking offices is currently equivalent to 122 thousand dinars after the price was 125 thousand dinars or more or a little more, a subject raises many questions.  However, this is not the case, and the reason is that the Central Bank of Iraq has set 1190 dinars per dollar as the sale price of the amounts transferred to the accounts of banks abroad , Meaning that the vast markets (Black) is far from official exchange rates (1190) dinars, there are clear differences of 3000 dinars per 100 dollars between the official price in the Central Bank and exchange rates in banking companies, taking into account that there are several prices outside the central, including prices of banking companies and prices Banking offices and cashiers

Some believe that the increase in exchange rates on the black market of the dollar is due to several reasons, first of which is the dollar's decline in prices in the world markets for gold and the second China enjoy the annual holiday of more than ten days and the consequent suspension of the issuance of remittances and documentary credits for the holiday And the third is the Central Bank of Iraq increase its sales to cover some of the government obligations as a government banker from the dollar to the dinar and the government to lend treasury bills to address some bottlenecks, and there are those who believe that the increase Crude oil sales and high prices have helped to boost the dollar's revenues, which the central bank transfers to the dinar as evidence of increasing daily sales through the window of sale, while the proponents of conspiracy theory go much further Firugon that what is happening is the process by which the dollar is withdrawn from taking Simple Dollar Accounts.

While we offer such things, we do not adopt any of them, but we hope that the competent departments of the Central Bank of Iraq will have the required degrees of transparency, by issuing a detailed or brief statement on this subject to inform the public about the truth of things and make them away from the possibilities promoted by some , Who intend to achieve personal or selfish benefits at the expense of others who are unable to get their needs from the dollar through the official ports, especially patients, travelers, students and residents abroad, and shows through the above that can not determine the actual reasons for the rise of countries And the decline in the value of the dollar exchange based on what is prevalent in the parallel markets, most of which are informal markets (black) because they do not adhere to the exchange rates set by the Central Bank and vowed to take legal action against violators.

 

The answer to the second part of the question on the extent Exchange rates remain unchanged The answer is related to the answer to the question on the causes of fluctuations in exchange rates in the markets these days, and for the purpose of finding appropriate treatments that amount to the direction of the government on corruption, it is necessary to carry out the central bank one of the duties of the primary province On the exchange rates and protect the public from volatility, and to find effective control tools that would make exchange rates identical to what is announced in the Central Iraqi, these differences go outside the treasury of the State and do not enter the accounts of the Central and the money of the people and the duty And the introduction of them within the budget revenues to reduce the fiscal deficit of the budget or to strengthen the national reserves of funds, and the central knowledge of these matters as the highest financial authority specialized and safe in Iraq and has its own law No. 56 of 2004 and supervises the Banking Law No. 94 of 2004, Of tasks and duties.

[DinarThug]

>>>>>>>>>
2018-03-05

Iraq in the auction to satisfy the World Bank and America

 

Ahmed Kazem 

Everything in Iraq is offered for sale instead of its reconciliation and the relationship, which does not know the difference between one million and one billion wants to sell Rafidain Bank and rational because they suffer from (great problems). 

All services Water, electricity, health and education suffer from many problems and the cause of problems on the relations with the expatriates of multiple nationalities and of Iraqi nationality.

Since the ruling council, the ruling class has come to sabotage Iraq, some to bring back Baathist rule, such as Iyad Allawi and others to restore the rule of the Sunni minority by lengthening with the Shia corrupt Shiite parties.

Who are not aware of the expatriate expatriates that Khayba 's children live in tunk huts or destroyed houses or in tents and their children are deprived of education because there are no schools and the disease kills them because there are no health services. 

The disappointment is born of the vast majority, and most of them are either unemployed or working with low wages or employees with a salary that is not enough to meet their needs.

The doctor's fee is not less than 20 thousand dinars, and if we add the fees of analysis, radiation, sonar and medicine, it is not enough to pay the son of al-Khaybah or his salary, enough for him and his family to eat. 

If privatized health institutions will spread diseases and cancers between Ould Khaybah because on the links and with him from the billionaire treat their diarrhea and hemorrhoids and the extraction of their teeth outside Iraq of public money.

If privatized educational institutions will remain Ould Khaybah not read or write to use them on the links and with him from the billionaire to serve them and serve their children and women (slaves) if they are inside Iraq.

If electricity and water are privatized, Ould Khaybah will live in the dark drinking water for Yumoto before the age of 10.

These are examples of what Ould Khayiba will suffer after privatization, which is not known to the people, who is with him or who forgets him after they plundered the public money to live and their families in the loot of the looted money.

Of the risks of privatization: 

First: the sale of Iraq's property and natural wealth for this generation and future generations cheaply, especially at a time of financial distress caused by specialists.

Second: Purchasing companies rely on foreign labor, especially from their countries, which increases the number of unemployed.

Thirdly, the prices of privatized services have increased by jumps of 1-3 years or less, while resources have been disappointing.

Fourthly, the state and citizens lose control of the quality and prices of services gradually until the companies become the ruling.

Fifth: In the privatization of banks becomes the dinar exchange rate decided by the interest of companies in addition to facilitating the smuggling of dinars and dollars and money laundering.

Sixth: In the privatization of natural resources, including oil and gas prices rise with jumps of 1-3 years or less burdensome born Khayiba tired.

Seventh: Privatization keeps the treasury of the state empty, so that companies can control Iraq and its people.

What's the solution: 
First: The sanctity of the three presidencies and their networks can not be reformed because they are addicted to theft and must be saved by all means.

Second: the statements of the expatriates and their corrupt head Abadi indicate that privatization is on the door and citizens must dissolve parliament now and hold elections to stop privatization before it happens because it is a disaster.

In short, privatization in Africa has kept African black people slaves despite Africa's vast wealth because the white man is ruthless and in Iraq he is assisted by expatriates like Abadi who will not be merciful.[/size]

link

[DinarThug]

Trading currencies

Thamer Hymes

One of the most prominent features of globalization is its economy, which is based on the return on capital, which is more than the return of economic growth.

This is known in the G8 or G-20 economy, which generally manages the international economy in their favor first to export this type of trading in the currency. 

When these processes flourish in fragile economies, the parties to the relationship become unequal and the fragility and developmental blockage is in favor of adults. 

We now have a currency that is not previously known by the current monetary capital authority

that has swept the development field and is keeping pace with the pattern managed and organized by the giant economies  . 

What does this mean economically as results? First, the increase of non-wage earning forces is the main beneficiary and the consequences of this are very large as they help to increase the demand for hard currency is not known fate is not for import because it is open wide, and it is not to establish projects as our currency still enjoys excellent exchange rate.

The dollar is not for treatment, travel or study, and the other is the transfer of personal hooves. Which accounts for 75 percent of the cash mass to this new currency market and the shift of the hard currency hoards to raise the value of the dollar at the expense of the dinar; as well as the monetary interactions that he ordered left to the monetary authority to deal with its consequences.

As we are in a fragile economy and owe more than $ 100 billion and need to rebuild more than $ 120 billion, the flow of foreign currency has a direct impact on achieving our very urgent economic goals, and the profitable forces behind this new currency market will grow to include All employees through consumer associations and even retirees and to sting their consumptive feelings in the discharge of accumulated droughts, these activities promote the stagnation of wages in general, which exacerbates poverty and decline  in incomes. 

Therefore, immediate treatment at the court of monetary authority first and seriously think of strategic policies to preserve our monetary independence by developing skills and new products in banks within an eco-economic system that is positive to diversify our savings within our economic cycle.

http://www.alsabaah.iq/Article.....?ID=153847

[DinarThug]

Where is the absence of loans and loans and dirhams?

 

 

Inspirational Angels 

10/03/2018

 

The price is never 10 euros, but 9.9 euros, forcing people to deal with the coin. 

As for us, it is common for parents to give their children their diaries in paper currency, some make it 500 dinars, others make it 1000 Dinar.

Since the prestige of the state has fallen as a result of the dictatorship of the ruler and the republican republics, the phenomenon of smelting of coins has spread in the Arab region after inflation rates have risen to imaginary levels. Thus, people in Iraq, Syria, Yemen and Libya dissolve the coin and convert it into molten metals used for industrial purposes. Monetary return.

 

Iraq the beginning of the collapse of coins!

 

 This phenomenon first arose in Iraq during the years of the economic siege in the 1990s, when the dinar collapsed against international currencies and became 0.01 because of the fact that Saddam Hussein's regime issued billions of dollars in currencies without monetary cover. 

People collect coins (1 fils, 5 fils, 10 fils, 50 fils, 250 fils and 500 fils) and melt them to make use of their molten metals to manufacture things that they pump into the impoverished market deprived of everything.

After 2003, the currency completely disappeared from circulation in Iraq and was replaced by paper currencies which, thanks to American support, managed to maintain their value to a certain extent. The dinar settled for 15 years against the dollar.

 

Syria cancels lira in 2013

 

In war-torn Syria for more than six years, leaked reports say specialized industrial groups have melted the currency into minerals in a country whose economy has fallen sharply and its currency has collapsed rapidly.

In response to this, the Syrian government withdrew the currency of the category / 1 / SP of the final trading, as of the date of 27/11/2013 under the decision of the Prime Minister Dr. Wael Halaki in this regard, so that the coin mentioned no It is valuable to those who own certain amounts.

Currencies (Lertan, Lira, Lira, Lira, Lira) continued to be destroyed at a high rate, making it difficult to find them anywhere.

Yemen smuggling rather than dissolving

Yemen, which does not have an industrial base, many resort to the collapse of the riyal rapidly, to smuggle coins in the form of deals wrapped in corruption to Arab countries, including to China, where the mosque smelters promising to manufacture. Sources at Sanaa airport revealed that 225,000 riyals of coins were seized by a person named Taha Saeed Mohammed al-Haj (a Palestinian with an Iraqi passport who is believed to be born in Iraq according to a report published by the Yemen Press website) who smuggled them through the airport. The incident took place on 16 February 2013 and after investigation it became apparent that the smuggler was authorized by the Central Bank of Yemen to transfer the amount manually through the airport to Amman airport in Jordan. He admitted that he had already transferred several shipments of thousands of riyals to reach the final destination in China, where they are recycled and sent to Yemen, he said.

Libya cover up the thefts by issuing new currencies!

In Libya, which has been living in cities and warring regions since 2010, mostly governed by Islamic organizations linked to al-Qaeda, the Islamic state, and corrupt warlords, the coin disappeared by specialized gangs that melted coins, telephone wires and power caps, and then shipped and sold to Iranian factories Manufactured for the production of light gear.

This was preceded by the disappearance of the coin in the era of Gaddafi since 1985 due to the collapse of the value of the currency because of the international embargo, and disappeared completely in 2005, after an unknown person (probably a son of Gaddafi) smuggling all the coins to Italy,As a countermeasure and after the West lifted the siege on Gaddafi, who handed over his nuclear and weapons project to international observers in 2009, Colonel Muammar Gaddafi issued a new currency for that year from 100 dirhams, 250 dirhams, 50 dirhams. However, the currencies of AED 10 and AED 20 have been lost forever. After the bankruptcy of the Libyan Central Bank, the Libyans returned to using the paper currency bearing the image of Gaddafi, which they had abandoned at the beginning of what is known as the Arab Spring.

In early April 2015, the Central Bank of Libya (CBL) disclosed the issuance of a currency of specific categories, indicating the technical specifications of the new currency from the categories of AED 100 and AED 50, and circulated explanatory drawings showing the general shape and color of the new currency and the drawings and technical shapes on both sides of the coin from the front It is the back.

 

Greshams Law

 

It is Gresham's law that governs the circulation and market of coins. In this country, where two types of legal money are traded, one bad and the other good, the poor expels the good from trading among people. 

Gresham noted this phenomenon in his country England whenever it was hit 

New money to replace the old money worn out, as the new money is soon to disappear from circulation, 

because the two types of money the same purchasing power makes the person to make a choice to make their debts or cash payments in bad or new currency it He pays them in currency For the same reason,

the creditor is obliged to accept it, even if the creditors refuse to do so and request the new currency to work the law in reverse, 

so that the new currency becomes the one that expels the bad currency.

If the new money is to replace the worn-out old, the new money, whose full weight will disappear from circulation for the above purposes,

will remain in circulation only for poor money, according to a definition published by Economic Discourse.

If new coins are hit, the amount of pure metal is less than that of the old coins with nominal value. 

Ancient coins begin to disappear from circulation in the market, and only new money remains. 

Such phenomena occurred in the Middle Ages when rulers used to weigh money in different weights less than their old weights whenever the economic conditions in their country deteriorated.

link

[DinarThug]

6 hours ago, DinarThug said:

LINK

The low exchange rate of the dollar in the stock market and local markets
 

10th March, 2018
The exchange rate of the dollar fell in Kifah and local markets on Saturday 10 March 2018. 

Bursa Al-Kifah Baghdad 122.12 dinars, while the prices for Thursday was 122.600 dinars. 

Selling and buying prices in the 

money market Selling price of the dollar = 122,500 dinars. 

The price of buying the dollar = 121.500 dinars

 

LINK

The low exchange rate of the dollar in the stock market and local markets
 

10th March, 2018
The exchange rate of the dollar fell in Kifah and local markets on Saturday 10 March 2018. 

Bursa Al-Kifah Baghdad 122.12 dinars, while the prices for Thursday was 122.600 dinars. 

Selling and buying prices in the 

money market Selling price of the dollar = 122,500 dinars. 

The price of buying the dollar = 121.500 dinars

[TOMINVEGAS]

If Abadi wants to guarantee a win.....

[DinarThug]

This Hussein Thug-Be Bringin’ It Gangsta Style Like An Insane Hussein Mofo !  

 

     

 

 

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 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 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 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

[Laid Back]

7 minutes ago, DinarThug said:

The recovery of the Iraqi dinar and the stability of the exchange rate leads to the strengthening of international confidence in the national economy,

 

This is what the IMF wants, to move Iraq to art 8.

 

Thanks DT

 

Go Art 8

Go CBI 

Go RV

Go lower denomination 

Go $1:1

Edited March 10, 2018 by Laid Back

[DinarThug]

Laid Back

• Om sai Ram
• 

3 minutes ago, Laid Back said:

This is what the IMF wants, to move Iraq to art 8. Thanks DT

Go Art 8

Go CBI 

Go RV

Go lower denomination 

Go $1:1

 

It’s So Incredibly Blatently Obvious That Even The Hammock Boy In A Severe Ambien Coma Can See It !  

 

     

[DinarThug]

Investment function of economic stability

 

Author: Yasser Metwally

11/3/2018 12:00 AM

How is Iraq built again? This need to extrapolate the visions of economists and finance. Most of them agree that investment is the best way to build it because of the complex circumstances known to all, and the conclusion that there is no material capacity at the time. 

As for why and how this is not our subject in this area available to the column. 

When talking about investment opportunities, Iraq leads most of the world in terms of opportunities because of what it needs to rebuild a civilized civil state up to its history, heritage and potential. 

Perhaps the reason for the decline in investment in the countries of the world is due to the lack of need, and accordingly we feel the desire of the major international companies wishing to invest in Iraq due to the decline in global demand for it, so I said that Iraq is at the forefront in this area, and therefore most eyes are heading towards Iraq because Because of the continuous and continuous events without any development that touches on its actual and fundamental needs. 
The biggest question here: What is the biggest challenge that hinders or delays attracting investors? 

I asked the first economic thinker in Iraq now d. The appearance of Mohammed Saleh on how to attract investment under the current situation: In short, security and economic stability are the basis. 

Of course, this view involves the fact that what happened and occurs at different levels, and these two coincidences to be available, the investment will be present and at the time of request.

Therefore, the investment is a function of security and economic stability, so we explain the phenomenon of giving the world's major countries to interest in Iraq, as this indicator of interest that Iraq is at the forefront of all investment forums in the world from Davos to Kuwait, these two recent conferences give the international attention index. Despite the widespread analysis of the results of these conferences regarding Iraq, the most important challenge facing investment in Iraq is the fierce competition between the superpowers to win the cake investment, which requires sustaining the momentum of security stability achieved, followed by economic stability and more important visions of economists in how Dealing with the requirements and excretions of international competition and investing in favor of Iraq.

When we see the machine of international companies revolve in the development of strategic projects and infrastructure, we say: Here has been achieved economic stability, so that the vertical load of the title of investment function of economic stability and all that is said about the possibility of building Iraq without a global investment is pure exaggerations

link

[Officiallytook]

20 hours ago, DinarThug said:

because of the fact that Saddam Hussein's regime issued billions of dollars in currencies without monetary cover

🤔🤔🤔 and I thought because it was gold backed...

[danielchu]

Chu thinks Hussein Thugb  is DinarThug hidden name!! LOL

[DinarThug]

14 minutes ago, danielchu said:

Chu thinks Hussein Thugb  is DinarThug hidden name!! LOL

 

CNN. Broadcasting In A Turban With A Fifth Of Bourbon !  

 

     

[siberian_shaddow]

Much Appreciated Thugs, keep bringing the goods stuff, this is getting really interesting. I would love to see a photo of Thugs, our clown wearing a turban after drinking a fifth of bourbon. 

[Laid Back]

2 hours ago, DinarThug said:

Laid Back

• Om sai Ram
• 

 

It’s So Incredibly Blatently Obvious That Even The Hammock Boy In A Severe Ambien Coma Can See It !  

 

     

😂😂😂 😂😂😂😂😂😂😂😂😂😂😂😂😂

Clown, the stuff we smoked last night put me on coma

Edited March 11, 2018 by Laid Back

[DinarThug]

1 hour ago, Laid Back said:

😂😂😂 😂😂😂😂😂😂😂😂😂😂😂😂😂

Clown, the stuff we smoked last night put me on coma

 

We Had Such A Severe Case Of The Raging Screaming Munchies That There Hasn’t Been That Level Of Binge Eating Since The Young Teenage Kardashian’s Were Power Carb Loading To Build Out Their A$$ets Portfolios !  

 

     

[DinarThug]

LINK

Central reserves exceed 50 billion

 

11th March, 2018
The head of operations at the Central Bank, Sunday, said that the reserve currency in the Central Bank exceeded (50) billion dollars. 

"The time has come 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," said Mahmoud Dagher. . 

He pointed out 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 procedures for the process of currency presentation and address violations of demand. 

Dagher added that the central bank was able to achieve high stability of the upper and lower limits to the dollar, the dinar, and then moved to a new situation this year were new procedures adopted classification and scrutiny as well as supply.

However, "the official price target of the dollar is 1200 dinars per one dollar and that the gap in the exchange market in the presence of a fixed price adopted by the central bank is available in many economies, an acceptable change."

[ChuckFinley]

Morning Thug. See we are getting an early start to the day. These last several post are very positive. I am really thinking 2018 is they year.   .  

[little willie]

chuck, I am with you

[ChuckFinley]

29 minutes ago, little willie said:

chuck, I am with you

More the merrier. Things are looking a lot better than a year ago. 

[gregp]

21 minutes ago, ChuckFinley said:

More the merrier. Things are looking a lot better than a year ago. 

 

New classification = lower denoms with scrutiny to protect the new market rate. 

When they hit 1200, the decimal gets moved three doors down.  When they open that that third door, Mr. $1.20 will show his head.

 

Morning Chuck!

[gregp]

5 hours ago, DinarThug said:

LINK

Central reserves exceed 50 billion

 

11th March, 2018
The head of operations at the Central Bank, Sunday, said that the reserve currency in the Central Bank exceeded (50) billion dollars. 

"The time has come 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," said Mahmoud Dagher. . 

He pointed out 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 procedures for the process of currency presentation and address violations of demand. 

Dagher added that the central bank was able to achieve high stability of the upper and lower limits to the dollar, the dinar, and then moved to a new situation this year were new procedures adopted classification and scrutiny as well as supply.

However, "the official price target of the dollar is 1200 dinars per one dollar and that the gap in the exchange market in the presence of a fixed price adopted by the central bank is available in many economies, an acceptable change."

 

Amazing!

Thanks, Thugs!

[olivesman]

11 hours ago, Laid Back said:

😂😂😂 😂😂😂😂😂😂😂😂😂😂😂😂😂

Clown, the stuff we smoked last night put me on coma

I'll have what YOU'RE having, 

 

[skeetdog]

11 hours ago, Laid Back said:

😂😂😂 😂😂😂😂😂😂😂😂😂😂😂😂😂

Clown, the stuff we smoked last night put me on coma

 

19 minutes ago, olivesman said:

I'll have what YOU'RE having, 

 

....Puff, puff to keep it goin'.........

[DinarThug]

8 hours ago, DinarThug said:

LINK

Central reserves exceed 50 billion

 

11th March, 2018
The head of operations at the Central Bank, Sunday, said that the reserve currency in the Central Bank exceeded (50) billion dollars. 

"The time has come 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," said Mahmoud Dagher. . 

He pointed out 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 procedures for the process of currency presentation and address violations of demand. 

Dagher added that the central bank was able to achieve high stability of the upper and lower limits to the dollar, the dinar, and then moved to a new situation this year were new procedures adopted classification and scrutiny as well as supply.

However, "the official price target of the dollar is 1200 dinars per one dollar and that the gap in the exchange market in the presence of a fixed price adopted by the central bank is available in many economies, an acceptable change."

 

LINK

Central reserves exceed 50 billion

 

 

11th March, 2018
The head of operations at the Central Bank, Sunday, said that the reserve currency in the Central Bank exceeded (50) billion dollars. 

"The time has come 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," said Mahmoud Dagher. . 

He pointed out 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 procedures for the process of currency presentation and address violations of demand. 

Dagher added that the central bank was able to achieve high stability of the upper and lower limits to the dollar, the dinar, and then moved to a new situation this year were new procedures adopted classification and scrutiny as well as supply.

However, "the official price target of the dollar is 1200 dinars per one dollar and that the gap in the exchange market in the presence of a fixed price adopted by the central bank is available in many economies, an acceptable change."