6ly410 Posted February 9, 2019 Report Share Posted February 9, 2019 (edited) Economist offers a way to maintain the strength of the local currency https://www.mawazin.net/Details.aspx?jimare=33394 9th February, 2019 The economic expert, Baqir Kazim, Saturday, presented an effective way to maintain the strength of the local process. "It is necessary to maintain the balance of the monetary mass in circulation by withdrawing the Iraqi dinar surplus from the need of the domestic market and the stability of the exchange rate," Kazim told Mawazine News. "The importance of providing foreign currency liquidity needed for traders and businessmen to meet the needs Iraqi market". He added that "the Central Bank of Iraq represents a part of the system of economic solution to the value of the Iraqi dinar and not the whole solution, especially as he was the only contender in the economic arena has achieved monetary achievements in the context of the duty of monetary and his quest to reduce the value of the Iraqi dinar exchange rate against the US dollar in the market Local ". "The stability of the value of the currency can not be studied in isolation from the facts of economic reality and its basic components," he said. He stressed that "the most important elements of the value of the currency based on four pillars of the basic and is like a square building, which is based on four pillars or pillars of leverage, represented by monetary and financial policies and development policy, in addition to political skills, ie political stability, social and security and administrative capabilities in the management of the country and the employment policies and wealth Material and human ". "In economics, they are called policies, which must be integrated and harmonized as a single package in their growth and development so that these policies contribute to the pace of their coherence in raising and enhancing the value of the currency (purchasing power),"Kazem said Edited February 9, 2019 by 6ly410 4 11 Quote Link to comment Share on other sites More sharing options...
chris2028 Posted February 9, 2019 Report Share Posted February 9, 2019 " Purchasing Power" 😀 4 Quote Link to comment Share on other sites More sharing options...
Laid Back Posted February 9, 2019 Report Share Posted February 9, 2019 I believe the monetary mass is 42 trillion IQD 70 % of the monetary mass is the chunky cash stashed at home The 70% of 42 trillion = 29.4 trillion IQD in chunky cash 12.6 trillion in circulation “It is necessary to maintain the balance of the monetary mass in circulation by withdrawing the Iraqi dinar surplus from the need of the domestic market and the stability of the exchange rate” Maybe this is the reason why the CBI is so worried about the chunky cash “the most important elements of the value of the currency based on four pillars of the basic and is like a square building, which is based on four pillars or pillars of leverage, represented by monetary and financial policies and development policy, in addition to political skills, ie political stability, social and security and administrative capabilities in the management of the country and the employment policies and wealth Material and human ". I remember Shabibi’s words. To apply a new monetary policy you need security and stability Go CBI Go new monetary policy Go RV Go $1:1 1 9 Quote Link to comment Share on other sites More sharing options...
Sk 1962 Posted February 9, 2019 Report Share Posted February 9, 2019 I'm all in for purchasing power! Show me the dotted line, I'll be the first person to sign it.😁 3 Quote Link to comment Share on other sites More sharing options...
6ly410 Posted February 9, 2019 Author Report Share Posted February 9, 2019 Don’t you guys love the news... haha like Adam said... it’s unfolding right in front us...letsss go DINAR 😎 2 6 Quote Link to comment Share on other sites More sharing options...
navira Posted February 9, 2019 Report Share Posted February 9, 2019 Bro, it will be an interesting week because we have the budget to be implemented on Tuesday. Cheers bro n all dvers 1 5 Quote Link to comment Share on other sites More sharing options...
6ly410 Posted February 9, 2019 Author Report Share Posted February 9, 2019 (edited) I think it’s going to be more then interesting... Haha cheers bro Edited February 9, 2019 by 6ly410 3 2 Quote Link to comment Share on other sites More sharing options...
Jaygo Posted February 9, 2019 Report Share Posted February 9, 2019 2 hours ago, Laid Back said: I believe the monetary mass is 42 trillion IQD 70 % of the monetary mass is the chunky cash stashed at home The 70% of 42 trillion = 29.4 trillion IQD in chunky cash 12.6 trillion in circulation “It is necessary to maintain the balance of the monetary mass in circulation by withdrawing the Iraqi dinar surplus from the need of the domestic market and the stability of the exchange rate” Maybe this is the reason why the CBI is so worried about the chunky cash “the most important elements of the value of the currency based on four pillars of the basic and is like a square building, which is based on four pillars or pillars of leverage, represented by monetary and financial policies and development policy, in addition to political skills, ie political stability, social and security and administrative capabilities in the management of the country and the employment policies and wealth Material and human ". I remember Shabibi’s words. To apply a new monetary policy you need security and stability Go CBI Go new monetary policy Go RV Go $1:1 He also said we needed a 3 day weekend. 1 1 Quote Link to comment Share on other sites More sharing options...
Desertmedic2009 Posted February 9, 2019 Report Share Posted February 9, 2019 1 hour ago, navira said: Bro, it will be an interesting week because we have the budget to be implemented on Tuesday. Cheers bro n all dvers 1 hour ago, 6ly410 said: I think it’s going to be more then interesting... Haha cheers bro I wanna be like you guys when I grow up!!! 🤓 3 Quote Link to comment Share on other sites More sharing options...
Jaygo Posted February 9, 2019 Report Share Posted February 9, 2019 Just now, Desertmedic2009 said: I wanna be like you guys when I grow up!!! 🤓 Right bro!! HAHA!!! 😂 1 Quote Link to comment Share on other sites More sharing options...
dinarbeleiver Posted February 9, 2019 Report Share Posted February 9, 2019 I CAN SMELL RV ALL OVER THIS ARTICLE THANKS 6ly410 3 Quote Link to comment Share on other sites More sharing options...
jeepguy Posted February 9, 2019 Report Share Posted February 9, 2019 (edited) It is necessary to maintain the balance of the monetary mass in circulation by withdrawing the Iraqi dinar surplus from the need of the domestic market and the stability of the exchange rate, .. WHAT COULD THEY DO 1 ) what they have been doing " sale the dollar for dinar s ... 2 ) changing the notes all together , new notes for old --- time frame like the 50 dinar ... 3 ) raising the value of dinar by 10 cents too 50 cent margin , and commerce starts to roll with dinar flow "The importance of providing foreign currency liquidity needed for traders and businessmen to meet the needs Iraqi market". ( wow ! look at number 3 , and this quote ) stressed that "the most important elements of the value of the currency based on four pillars of the basic and is like a square building, which is based on four pillars or pillars of leverage, represented by monetary and financial policies and development policy, in addition to political skills, ie political stability, social and security and administrative capabilities in the management of the country and the employment policies and wealth Material and human ". ( <---------- I sure read this like 4 pillars " gold " , oil , minerals ,agriculture ) In economics, they are called policies, which must be integrated and harmonized as a single package in their growth and development so that these policies contribute to the pace of their coherence in raising and enhancing the value of the currency (purchasing power),"Kazem said <------------ DINAR ALL OF THIS IS JUST MY OBSERVATION OVER THE LAST FEW DAYS OF NEWS Edited February 9, 2019 by jeepguy 2 2 8 Quote Link to comment Share on other sites More sharing options...
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