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Central Bank Between The Legal Violation And Customary Excess ?


DinarThug
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CNN. Broadcasting In Some Sensible Clown Shoes To Go With My Bright Fluorescent Polka Dot Oversized Clown Pants And A Peach With Purple Paisleys Velvet Disco Shirt That I Borrowed From Umbertino !

 

 

Central Bank between the legal violation and customary excess?

 Thursday, 11 October 2018
 
The currency represents the face of the state, which is the economic tool that moves the market and the movement of business transactions, so over time the rulers are concerned with the currency and its currency and the governor to formulate the currency of the state to be of valuable legal and financial importance, and considered the hand catches the local market, and controls the trade with countries, Iraq, which issued its official currency in 1933, had a banking power, in addition to its conformity with international standards in force, and it was a strong value in the world, and the specifications of this currency strongly converged with the rest of the international currencies with a slight difference, 1991 where he led Saddam's invasion of Kuwait to destroy the economic structure of the state, and make the currency burning and ends with no effect or compete in the market.

After 2003, the Iraqi state issued a new currency, in which the components of the people were generally supported. They began to blend with the international market and took their natural place among the rest of the currencies, gradually becoming higher than the value of the dinar in some regional countries such as Iran. Mr. Ali Al-Alaq to write his name on the Iraqi currency is a wrong administrative measure, the fact that the currency of the Iraqi currency does not represent the governor, but the currency of the state in general, and that any such action reflected negatively on the reputation and legal value in the market, along with the purposes and political objectives for which Wrote Which is what we have heard previously in the commemoration of some personalities and party affiliation, by writing his name on the currency, which caused a stir in the political, social and financial circles, on the purpose and significance behind this measure contrary to administrative norms, which was rejected by financial specialists And banker, and considered it an act


I think, as many analysts and specialists in political affairs see, that the political situation in the country does not bear such a uniqueness in the sovereign decision, because the currency represents Iraqi sovereignty, so the specialists need a quick examination of the currency and make the necessary adjustments, especially with the steps taken by Mr. The Prime Minister-designate, which should have a position on him from this measure by the Governor of the Central Bank of Iraq, to be adopted a unified currency, possess the banking and purchasing power, and work hard to take its natural place in the global market, Grandpa The Central Bank shall have the expertise and competence, and shall have the necessary financial efficiency, and refrain from mixing politics with money

 

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Edited by DinarThug
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I see Thugs you don’t mention in your statement concerning-and may I say: very fetching outfit, you speak not of what kind of underwear you’re sporting.

 

My guess is, you’re not wearing any because there hasn’t been a pair made that could take the job on ! ! !  😆

Edited by 10 YEARS LATER
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Economist: Putting the name of the governor on the currency is universally recognized


 10th October, 2018

6429.jpg

The economic expert Hussein al-Khakani said Wednesday that the issue of placing the name of the governor and signing it is universally recognized, while stressed the need to shine with the issuance of small currency

Al-Khakani said in a statement to the "Trend News" and viewed by "Economy News", that the national currency is constantly exposed to damage and the Central Bank of Iraq sets up cash collections ready to be replaced with the damaged currency after the reference with red ink certain and put numbers for the new currency and then put it In markets

He added that the new edition of the currency takes the date of issuance and the signature of the governor as is the case in all central banks in all countries of the world, noting that the central bank is responsible for the currency currency in the country and since the history of the Iraqi state so far find some governors put his name and signature and some others just add To sign

The economist pointed out that "there is no legal issue on the subject of signing the currency currency as it must bear the signature of a governor of the Central Bank

"The Central Bank of Iraq has taken two steps recently is the first to issue a new edition of the value of 1000 dinars, which was made to change the Koranic verse and put another picture of the marshes listed in the UNESCO World Heritage List

He added: The second edition of 100 dinars, which is of the economic aspect is very important that the smallest currency in the country is 250 dinars and when buying small purchases by the facilitators less than 250 there is no smaller currency to return to the consumer by the seller and this causes extensive financial damage to the consumer

Al-Khakani stressed the need to activate small currencies as it will generate economic and financial benefit for the Iraqi consumer, including the category of 50 dinars

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22 minutes ago, DinarThug said:

CNN. Broadcasting In Some Sensible Clown Shoes To Go With My Bright Fluorescent Polka Dot Oversized Clown Pants And A Peach With Purple Paisleys Velvet Disco Shirt That I Borrowed From Umbertino !

 

8 minutes ago, ChuckFinley said:

Thanks Thug  all looking positive.  

 

No Doubt - And The Bright Red Santa's Hat That I Stole From LGD To Top It All Off Has Got Me Looking Like I Just Strolled Off Of Of A GQ Magazine Cover ! :o 

 

:D  :D  :D 

 

Edited by DinarThug
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12 minutes ago, DinarThug said:

Al-Khakani stressed the need to activate small currencies as it will generate economic and financial benefit for the Iraqi consumer, including the category of 50 dinars

 

So, they have a need for a 50 dinar note that’s worth roughly .04 cents ... :eyebrows:

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In all the years I have been on this investment I never see so many articles talking about currency.

 

- delete of the zeros

- small groups 

- signature of the CBI governor on the new notes

- the new edition of 1000 note 

- the second edition of 100 note

 

This means the currency reform is around the corner.

 

Go CBI

Go currency reform

Go $1:1

 

Edited by Laid Back
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2 hours ago, DinarThug said:

 

 

No Doubt - And The Bright Red Santa's Hat That I Stole From LGD To Top It All Off Has Got Me Looking Like I Just Strolled Off Of Of A GQ Magazine Cover ! :o 

 

:D  :D  :D 

 

Come on now, you really think that you can look as good as me and do that belly bump on the table as good as I did? :lmao: You should have seen the hot chick in the black bikini's love reaction to me just because I could suck in my belly so good. :lmao:

You know it's true,

sexy homer simpson GIF

 

So pushing the envelope as you love to do,

 

Image result for hot chick with fat santa meme

 

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OMG  :lmao::lmao: You two are hysterical 

 

3 hours ago, DinarThug said:

 

 

No Doubt - And The Bright Red Santa's Hat That I Stole From LGD To Top It All Off Has Got Me Looking Like I Just Strolled Off Of Of A GQ Magazine Cover ! :o 

 

:D  :D  :D 

 

 

10 minutes ago, ladyGrace'sDaddy said:

Come on now, you really think that you can look as good as me and do that belly bump on the table as good as I did? :lmao: You should have seen the hot chick in the black bikini's love reaction to me just because I could suck in my belly so good. :lmao:

You know it's true,

sexy homer simpson GIF

 

So pushing the envelope as you love to do,

 

Image result for hot chick with fat santa meme

 

 

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24 minutes ago, gregp said:

Sounds like the simple solution would be to make Alak the CBI governor.   

:cigar:

Yep, I agree Greg. He also needs to raise the value to save face here. Make it worth while. He does that everyone will forgive him and he will be a hero. 

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1 hour ago, ladyGrace'sDaddy said:

Come on now, you really think that you can look as good as me and do that belly bump on the table as good as I did? :lmao: You should have seen the hot chick in the black bikini's love reaction to me just because I could suck in my belly so good. :lmao:

You know it's true,

sexy homer simpson GIF

 

So pushing the envelope as you love to do,

 

Image result for hot chick with fat santa meme

 

🙈

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4 hours ago, 10 YEARS LATER said:

I see Thugs you don’t mention in your statement concerning-and may I say: very fetching outfit, you speak not of what kind of underwear you’re sporting.

 

My guess is, you’re not wearing any because there hasn’t been a pair made that could take the job on ! ! !  😆

Thought he wore THUGGIES???  :lol:

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Gregp  i think you are exactly right on. Alak probably is all ready the agreed

upon Gov.  After all he was honored as one of the Best governors in the mid-east

Many would agree he is the man for the job.Now we have his name printed on the

new currency. This hoop-la is all smoke. Do we realize that even at ten cents 10k

dinar is a thousand dollars. Kinda hard to buy anything in the local market with

a thousand dollar bill.

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3 hours ago, Laid Back said:

In all the years I have been on this investment I never see so many articles talking about currency.

 

- delete of the zeros

- small groups 

- signature of the CBI governor on the new notes

- the new edition of 1000 note 

- the second edition of 100 note

 

This means the currency reform is around the corner.

 

Go CBI

Go currency reform

Go $1:1

 

around the corner... absolutely buddy let’s go dinar 

Edited by 6ly410
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To be honest Ali Al Alak the CBI governor deserve to be remembered as the person 

who made the dinar great again.

 

Some of his achievements;

 

- He closed the gap between official rate and street rate

- He stabilized the exchange rate and increase Liquidity in the market 

- He developed the electronic payment system

- Best central bank governor award of 2018 

- He enhance Iraq's anti-money laundering/countering the financing of terrorism (AML/CFT) regime.

- foreign currency reserves growing 

- gold reserves growing 

 

"I will remain steadfast in my efforts to continue growing Iraq's economy and to foster strong economic and financial policies that will push Iraq forward."

 

Go Ali Al Alak

Go signature on the new notes

Go $1:1

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3 hours ago, ladyGrace'sDaddy said:

Come on now, you really think that you can look as good as me and do that belly bump on the table as good as I did? :lmao: You should have seen the hot chick in the black bikini's love reaction to me just because I could suck in my belly so good. :lmao:

You know it's true,

sexy homer simpson GIF

 

So pushing the envelope as you love to do,

 

 Image result for hot chick with fat santa meme

 

 

LMFAO - The Santa Claus Be Bringin’ It To Town ! :lol:

 

Image result for hot chick with fat santa meme

 

And Once Again The Jolly Fat Man’s All Over It - Another Stocking Stuffer For Mrs Claus ! :o 

 

:D  :D  :D  

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11 minutes ago, NoviceInvestor said:

I hope around the corner is the end of the long winding road and we will see clearly a long straight road ahead also I hope that we will see "soon" in 2018... 

 

Yo Ms Novice Down Under - U Need To Get Ur LGD Santa Avatar Back Again ! :o 

 

he-sees-you-when-you-are-sleeping-funny-

 

Ok - So Maybe Not The Naughty Santa ...

 

:D  :D  :D 

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Iraqi measures to preserve the currency .. What did "Alalak" will not pass unnoticed

 Thursday, 11 October 2018
 
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Baghdad - Writings

The echoes of the action taken by the President of the Central Bank of Iraq - the provisional - to put his full name on the currency, interact with politicians and members of the House of Representatives.

As political blocs revealed the trend of escalation and the adoption of strict legal procedures to ensure the preservation of the independence of the Iraqi currency and fiscal policy of Iraq, as well as summoning the Governor of the Central Bank Ali Alalak to question him and hear about how to manage the monetary policy of the country.

According to statements issued by the coalition of victory, it is studying the mandate of a special parliamentary committee to follow up the file of the Central Bank and the issuance of the relevant currency, to prepare a report prepared by technical and legal specialists on the work of the Central Bank, and immediately be questioned on the relationship, Just a job he can do what he wants.

These actions come against the background of the Acting President of the Central Bank put his full name on some of the Iraqi currency, which has recently been printed in the Iraqi markets, "Ali Mohsen Ismail

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