Central Bank of Iran: We can not provide hard currency

[10 YEARS LATER]

14 minutes ago, Butifldrm said:

Iran: Iraq's commitment to US sanctions will lead to the collapse of the Iranian currency

 

Economy News Baghdad: Deputy Chairman of the Iranian Chamber of Commerce, Bitarram Sultani, the Iraqi government's commitment to US sanctions against Iran, considering that this will lead to the rise of the dollar and the collapse of the Iranian currency . "One of the reasons for the rise of the US dollar is the cooperation of the Iraqi government with US sanctions against Iran, " said Bitarram Soltani in a tweet to him via his official Twitter account . "The commitment of the Iraqi government to implement sanctions will lead to a reduction of the dollar entry from Iraq to Iran, " Soltani said. "How does a friend country and a brother behave like this, what do we expect from other countries?" Soltani slammed Iraq's commitment to US sanctions. ! ". The Iranian official wondered at the end of a tweet about the real winner in the relationship between Iraq and Iran . Iran is the second country after Turkey in terms of volume of trade with Iraq, where the volume of trade exchange between Iraq and Iran in 2017 about 6.7 billion dollars, of which only $ 77 million is the value of Baghdad's exports to Tehran . The Iraqi authorities decided to stop importing Iranian cars, fearing that their markets would be affected by US sanctions . Iraqi Prime Minister Haider al-Abadi said last Tuesday that he was obliged to abide by US sanctions despite not being "sympathetic" to them .

Views 2527   Date Added 12/08/2018 http://economy-news.net/content.php?id=13234

 

Desperate, aren't they . . . 

[Butifldrm]

 2018-08-12 BY SOTALIRAQ

US advisers in Baghdad to pursue five new Iraqi banks

 

Diplomatic sources in Iraq revealed that the Federal Reserve Bank (US) is pursuing five new Iraqi banks, in addition to the "Islamic Bank of the country." 
A report by skynews, quoting the sources, said that a team of American advisers is in Iraq to follow up on these banks, which may be subject to the same sanctions imposed on the "Islamic Bank of the country." 
The investigations into the relationship between these banks and their exploitation by Iran in remittances began in the era of former US President Barack Obama, but only sued one bank. 
According to the sources, investigations have been activated over the past months. Investigations by sources include money transfer of money, suspicious transfers to Lebanon, and then to Syria, along with some Asian and Eastern European countries.
Last year, the United States put the Iraqi Islamic bank Ilaf on the black list. 
Blacklisting forces banks to choose between severing ties with Iranian institutions targeted by US sanctions, or cutting off the US financial system.

https://www.sotaliraq.com/2018/08/12/مستشارون-امريكيون-في-بغداد-لملاحقة-5-مص/

[Butifldrm]

How will Baghdad's commitment to US "sanctions" affect Iran? "The situation is very critical," according to an expert

The political scene  Sunday, August 12, 2018 at 15:31 pm (795 views)

Baghdad / Sky Press

The Iraqi political expert, Ibrahim al-Sarraji, that Baghdad's commitment to US sanctions imposed on Iran and Turkey will inflict great damage on the Iraqi economy, stressing that the position of Baghdad under these harsh sanctions is very difficult on the political and economic levels.

"US sanctions against Iran and Turkey will have a significant negative impact on Iraq. The volume of trade exchange between Baghdad and Tehran exceeds 13 billion dollars a year, not to mention the existence of Iranian companies and facilities in the fields of oil, gas and gas," al-Sarraji said in a press statement. Liquefied petroleum, and the supply of electricity to the majority of the provinces. "

He added that "if Iraq commits to the US sanctions" and the official position declared "the economy will be affected very significantly, in addition to the Iranian and Turkish goods represent two thirds of the Iraqi market," explaining "a food crisis can occur, for example in the provinces, Will be reflected very negatively on the daily lives of citizens. "

He said that Iraq is in a very difficult position, noting that Prime Minister Haider Abadi said a few days ago that Baghdad will abide by sanctions, and on the other hand there are large blocs and political parties against these sanctions and believes that it will starve the Iraqi people as well, not just Iran.

As for the position of the Iraqi government to abide by the US sanctions, Al-Sarraji said: "Abadi said he will abide by and there are political and economic agreements between Baghdad and Washington. My slaves are now in a very awkward position. There is very great damage on the Iraqi economy. Baghdad has no alternative to cooperating with Iran. , And also the large Iranian security support for the Iraqi forces, especially the popular crowd will be affected, and will affect the conduct of security and military operations.

"On the other hand, his remarks provoked an Iranian reservation, which Tehran considered treacherous, which gave much to the Iraqi people, especially in his war against an organization calling" the prohibited terrorist in Russia. "

The political expert added that Iraq can certainly not stand against the US administration alone, and Abadi or others can not say that he will not abide by the decisions of the United States, keeping track of "Iraq's oil revenues are placed in the accounts of US banks, and this means that the US administration knows how to punish Iraq on any Deal with Iran, or break the blockade it imposed against it. "

He pointed out that "the position of the Iraqi government is very weak, can not say no to the US administration, and also its position is very difficult with Iran, and the US side will insist on Iraq's full commitment to the decisions of the blockade of Iran, knowing that Iran will emerge from this blockade, about 80% of its

oil Sold to countries that do not recognize US decisions such as North Korea, China, India and others. "

http://www.skypressiq.net/2018/8/12/كيف-سيؤثر-التزام-بغداد-ب-العقوبات-الامريكية-على-ايران-الموقف-حرج-جدا-بحسب-خبير

[Butifldrm]

The US Federal Bank is pursuing five new Iraqi banks to impose sanctions for these reasons

The political scene  Sunday, August 12 2018 at 13: 46 pm (Views 1552)

Baghdad / Sky Press

Diplomatic sources in Iraq revealed that the Federal Reserve Bank (US) is pursuing five new Iraqi banks, in addition to the "Islamic Bank of the country." 
Reuters quoted the sources as saying that a team of American advisers is in Iraq to follow up on these banks, which may be subject to the same sanctions imposed on the Islamic Bank of the country. 
The sources pointed out that investigations into the relationship of these banks, or exploitation by Iran in the remittances began since the era of former US President Barack Obama, but only sued one bank only. 
According to the sources, investigations have been activated over the past months. Investigations by sources include money transfer of money, suspicious transfers to Lebanon, and then to Syria, along with some Asian and Eastern European countries. 
Last year, the United States set up the Elaph Bank,
Blacklisting forces banks to choose between severing ties with Iranian institutions targeted by US sanctions, or cutting off the US financial system.

http://www.skypressiq.net/2018/8/12/امريكا-تلاحق-5-مصارف-عراقية-جديدة-لفرض-عقوبات-لهذه-الاسباب

[Butifldrm]

The US Federal Reserve is pursuing five new Iraqi banks to deal with Iran

BAGHDAD - The US Federal Reserve Bank is pursuing five new Iraqi banks as well as the Islamic Bank of Iraq , an informed source said on Sunday. "A  team of American advisers is currently in Iraq to follow up. These banks may be subject to the same sanctions imposed on the "Islamic Bank of the country."

"Investigations into the relationship of these banks or their exploitation by Iran in remittances began from the time of former US President Barack Obama, but he only sued one bank. According to the sources, investigations have been activated over the past months, The transfer of cash money, in addition to remittances to Lebanon, and then to Syria, as well as some Asian countries and Eastern Europe, "referring to the" status of the Islamic Bank of Iraq "on the black list. The blacklisting forces banks to choose between severing ties with Air institutions End Ah

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https://www.iraqpressagency.com/?p=282195

[jeepguy]

 you see the silver car at the bottom ------- another Iraqi going to swap in the mattress of dinars  for  zimms  !

[newbieDA]

7 hours ago, newbieDA said:

 

I was thinking the same thing, they are going use the Dinar maybe, also was thinking Turkey maybe too.

 

Just a heads up on another Collapse related to Iran

 

Goldman Warns Turkish Banks Will Be Wiped Out If Lira Hits 7.1

Lira is now 7.20

At the start of 2018 it was 4 lira to 1 USD, it is now 7.2 lira to 1 USD. It has been warned that if the lira goes beyond 7.1 lira to 1 USD banks will be in major trouble, it is at 7.2 now and this coming week could see it hit 8+ lira to 1 USD which could easily cause a bank run hence the government asking citizens to NOT pull lira out of banks. The lira is not moving closer to parity with the USD, it is moving in the opposite direction.

[newbieDA]

Oh I am Abadi cancels his trip Iran now.

[alreis]

Is it time to do Rickard’s Ice 9 protocol in Turkey?

Freeze all financial institutions.

[newbieDA]

4 minutes ago, alreis said:

Is it time to do Rickard’s Ice 9 protocol in Turkey?

Freeze all financial institutions.

 

Capital Controls is the worst thing they can do..

And they just did it

 

Capital Controls Next? Lira Rebounds After Turkey Bank Regulator Limits FX Swap Operations | Zero Hedge

Furthermore, new transactions are halted "until current over-shootings mature."

 

https://www.zerohedge.com/news/2018-08-12/capital-controls-next-lira-rebounds-after-turkey-bank-regulator-limits-fx-swap

 

 

 

[yota691]

söndag 12 augusti 2018

More than $ 11 billion disappeared from the Iranian regime's gruesome acacia

 

 

 

 

 

 

More than $ 11 billion disappeared from the Iranian regime's gruesome acacia



Embezzlement of 9 billion USD in Iran as economy falls.
Iranian official has reported on an embezzlement scandal of 9 billion USD from the currency provided by the government for people to buy at the official rate since the country’s currency recorded law.
The government was seeking to impose an exchange rate of 4200 toman to the dollar exchanger, hoping to calm thousands protester over financial and political failures. .
Ezatolah Yousefisn Mala from the Islamic committee revealed that 11 billion USD were disappeared from the market, out of which about 2 billion were found later. But the fate of around 9 billion USD remained unknown.
“Unfortunately, it is not clear what happened to around 9 billion USD,” Mala explained

[Butifldrm]

the Central Bank issued an explanation on the prosecution of US banks to Iraq

 

 Twilight News    

 34 minutes ago

The Central Bank of Iraq denied information on the presence of a US advisory team in Baghdad to pursue Iraqi banks suspected of dealing with Iran, which is subject to US sanctions. 
"Some local media have been circulating over the last two days about the issuance of lists to monitor Iraqi banks, claiming that these banks may be subject to sanctions from outside parties in an attempt to create confusion in the market and the exchange rate," said Bassem Abdul Hadi Hassan, spokesman for the Central Bank of Iraq. 
"While this bank denies this news, it confirms that it is the supervisory body responsible for following up the activities and activities of the financial and banking institutions in the country and that it is subject to its control and instructions issued by it." 
Diplomatic sources in Iraq revealed that the US Federal Reserve is pursuing five new Iraqi banks, as well as the Islamic Bank of the country.
A report by skynews, quoting the sources, said that a team of American advisers is in Iraq to follow up on these banks, which may be subject to the same sanctions imposed on the "Islamic Bank of the country." 
The investigations into the relationship between these banks and their exploitation by Iran in remittances began in the era of former US President Barack Obama, but only sued one bank. 
According to the sources, investigations have been activated over the past months. Investigations by sources include money transfer of money, suspicious transfers to Lebanon, and then to Syria, along with some Asian and Eastern European countries. 
Last year, the United States put the Iraqi Islamic bank Ilaf on the black list.
Blacklisting forces banks to choose between severing ties with Iranian institutions targeted by US sanctions, or cutting off the US financial system.

Keywords: 

http://www.shafaaq.com/ar/Ar_NewsReader/159256a4-2e60-4456-a0d7-834bb449a323

[yota691]

Economist for "Economy News": the collapse of the Iranian currency was reflected slightly on the Iraqi market

 

A shopping center in central Baghdad

money and business Economy News Baghdad The economic expert, Fahmi Al-Marsoumi, that the collapse of the exchange rate of the Iranian currency against the dollar in the past few days has reflected very little on the Iraqi market, demanding control of the border. "The Iraqi trader uses the dollar during the import of goods and services from the Iranian market," Al-Marsoumi said in an interview with Al-Iktissad News. "The result of the decline in the exchange rate of the Iranian currency against the US dollar has decreased with it the prices of goods bought by the Iraqi trader, He should be relinquished to the local market. " He pointed out that "some Iraqi traders do not adhere to the said decline due to the lack of control and to achieve the benefits of profitability, but some traders reflect the decline in the Iranian currency on their goods from the competition in the market." Al-Marsoumi said that "there is a great deal of control over border crossings so as not to use this file to introduce poor goods, which aims to move the Iranian market at the expense of Iraqi consumers, which has become a record for Iranian goods and goods." Views 506   Date Added 08/13/2018

[Butifldrm]

: America knows exactly the size of funds in Iraqi banks and has no choice but to implement the sanctions

 

 Twilight News    

 

 3 hours ago

 

 

Former Finance Ministry Undersecretary Fadhil Nabi warned on Monday of the danger that Iraq would not implement economic sanctions imposed by the United States on Iran.

"Iraq has no choice but to implement the sanctions imposed by America on Iran," said Nabi, who worked for 10 years at the Ministry of Finance in a press statement.

He added that "America has accurate and accurate information on Iraqi funds more than the central bank and the Ministry of Finance and learn the exact details of the volume of funds in Iraqi banks and banks and where to go."

 

Keywords: 

http://www.shafaaq.com/ar/Ar_NewsReader/93567433-9f81-4736-bf0a-01263a4827ea

[DinarDavo]

21 minutes ago, Butifldrm said:

"America has accurate and accurate information on Iraqi funds more than the central bank and the Ministry of Finance and learn the exact details of the volume of funds in Iraqi banks and banks and where to go."

 

 

Well......that's a very interesting statement.   

[10 YEARS LATER]

As it says - We’re right up your A$$ !

[CSM (R) Thack]

13 minutes ago, 10 YEARS LATER said:

As it says - We’re right up your A$$ !

Yep!!!

[3n1]

5 hours ago, DinarDavo said:

America has accurate and accurate information on Iraqi funds more than the central bank and the Ministry of Finance

 

US treasury was in at the beginning of it all .... lets go

[Butifldrm]

After Baghdad's commitment not to deal with the dollar .. Will the euro be adopted with Tehran?

19:00 - 13/08/2018

0

    

Information / Special ...

Between the political analyst and al-Hashemi, Monday, the position of current Prime Minister Haider Abadi of US sanctions against the Islamic Republic of Iran, while stressing that Baghdad will resort to deal with the euro with Tehran in case it was adopted by the Iranian government.

Al-Hashemi said in a statement to Al-Maaloumah that "Abadi's commitment not to deal with the currency of the dollar with Tehran got to fear the collapse of the Iraqi economy and freeze the assets of foreign banks of the country," pointing out that "Baghdad will resort to deal with the euro with Tehran if the Iranian government went to deal with "He said.

He added that "Trump met with European countries earlier to exert pressure and influence by not granting the Islamic Republic the possibility of dealing with the euro after the imposition of US economic sanctions," noting that "Iraq is currently able to mediate between Tehran and Washington to resolve the crisis between the parties."

On Monday, Prime Minister Haider al-Abadi outlined the Iraqi government's stance on US sanctions against the Islamic Republic of Iran and renewed its commitment not to deal with the dollar in Tehran.

The leader of the Islamic Revolution, Ali Khamenei, renewed on Monday, his refusal to conduct negotiations with the United States, noting that Washington views the negotiations as commercial transactions, while dispelling fears about a war.

The first batch of sanctions, which the United States decided to re-impose on Iran, came into force last week aimed at exerting economic pressure on Tehran after Washington unilaterally withdrew from the historic agreement on the Iranian nuclear file signed in 2015.

http://www.almaalomah.com/2018/08/13/334761/

[jeepguy]

5 hours ago, 3n1 said:

 

US treasury was in at the beginning of it all .... lets go

If U.S. government is involved ,and the treasury department , you can bet the reason no revaluation , U.S. government is steering into a Cash cow for the elite political machine !

[3n1]

4 minutes ago, jeepguy said:

If U.S. government is involved ,and the treasury department , you can bet the reason no revaluation , U.S. government is steering into a Cash cow for the elite political machine !

 

if the articles were true in 2010 quite a few were released stating US Treasury among others were helping to establish banking , JP Morgan for whatever reason was a bank involved in the early days also , to be honest i dont claim to know anything really , im just following along like the rest waiting .... all the best to us all 

[Butifldrm]

Central Bank: We have not dealt with the dollar with Iran since the Obama era

  

 Banks

Economy News Baghdad:

The Central Bank of Iraq denied on Monday the existence of dollar dealings with Iran .

"We have not had dollar dealings with Iran since the time of Obama, " said Mohammed Dagher, director general of the Department of Financial Operations and Public Debt Management, in an interview with the Iraqi News Agency .

"Dagher said that" double bidding is a natural procedure taken by the Central Bank, in case of failure, to maintain the stability of the exchange rate. "

Views 502   Date Added 08/13/2018

Add rating  

http://economy-news.net/content.php?id=13249

[mylilpony]

1 hour ago, jeepguy said:

If U.S. government is involved ,and the treasury department , you can bet the reason no revaluation , U.S. government is steering into a Cash cow for the elite political machine !

 

 

Lets look at it this way.... If good people have dinar, do you think that bad guys have dinar too?

[jeepguy]

Red Ruby strikes again , gave you an emerald for the effort ... 

[Butifldrm]

Iraq ranks third after China and the UAE importing Iranian goods

13:07 - 14/08/2018

0

 

  

Information / Baghdad ..

The head of Iran's Trade Development Organization, Khosh and Tag, reported that non-oil exports grew by 14.7 percent in four months between March 21 and July 22, 2018, noting that Iraq ranks third in the list of countries importing Iranian goods.

"The exports of the industrial and mining sector during the period amounted to 9.8 billion dollars, an increase of 14 percent year-on-year," he said, noting that "exports of non-Iranian oil products to 20 countries amounted to 14 billion dollars, a growth of 14 percent over the corresponding period 2017, and accounted for 91 percent of our export markets. "

"China, the United Arab Emirates, Iraq, Afghanistan, South Korea, India, Turkey, Pakistan, Thailand and Oman topped the list of countries importing goods from Iran during this period."

"The volume of Iran's imports from 20 countries recorded 13.7 billion dollars during the period of 21 March-22 July 2018, a decrease of 2.5 percent over the same period 2017," Taj said. Ending / 25

http://www.almaalomah.com/2018/08/14/334966/