tigergorzow Posted October 14, 2020 Report Share Posted October 14, 2020 Adam,Β Truly appreciate all that you & your staff do for us DV Members....ππππππ Β GO RV & RI 1 1 Quote Link to comment Share on other sites More sharing options...
DinarThug Posted October 14, 2020 Report Share Posted October 14, 2020 4 hours ago, Adam Montana said: I can't wrap this up without a shout out to this thread: Β Β Β Β Β Β Β CentralΒ Bank: a decline in the accumulated quantities of foreign currency Wednesday 14th October 2020 - 08:14 Baghdad - conscious Β The Governor of the Central Bank of Iraq, Mustafa Ghaleb Makhaif, suggested that foreign reserves in the bank would decline due to the increase in import financing and the decline in dollar revenues from the Ministry of Finance. Β "The decline in the global price of oil and the reduction in production in Iraq, based on the OPEC agreement,Β led to a decrease in crude oil revenues and thus the dollar amounts that were the Ministry of Finance," he told Al-Sabah. It sells it to the Central Bank of Iraq in exchange for the Iraqi dinar, which it uses to finance its expenditures locally. "Β Β The governor added,Β "This led to a decline in the accumulated quantities of foreign currency at the central bank,Β in addition to the process of discounting the securities issued by the Ministry of Finance, for the purpose of bridging the deficit witnessed by the government in financing its spending, especially the current spending by the Central Bank of Iraq for the benefit of government banks." Β He noted, βMost of the current spending will turn into a consumer demand that ultimately represents a demand for the US dollar, and with the central bank meeting this demand to finance imports, foreign reserves are expected to witness a declineΒ in addition to the declineΒ resulting from the decrease in oil revenues if the current data do not change. ". LINK 4 9 Quote Link to comment Share on other sites More sharing options...
NevadaSam Posted October 15, 2020 Report Share Posted October 15, 2020 Thanks Adam, the news sounds great, now all they have to do is pass the HCL and we are there. Β Once again, thank you for keeping us informed on what is going on with the dinar Β Goooooooooo RV 3 Quote Link to comment Share on other sites More sharing options...
heeper00 Posted October 15, 2020 Report Share Posted October 15, 2020 Cheers Mr Montana thank you for keepingΒ us up to date, and a BIG shout out to all your staff.Β Believe in YOURSELF.Β Believe in the DINER.Β 2 Quote Link to comment Share on other sites More sharing options...
Hearts Posted October 15, 2020 Report Share Posted October 15, 2020 It seems that the great news has been increasing over the last week or two and I am very encouraged that the RV will be soon. Come on HCL. Thank you Adam, so much confidence in your judgment.Β 1 1 1 Quote Link to comment Share on other sites More sharing options...
DinarThug Posted October 15, 2020 Report Share Posted October 15, 2020 10 hours ago, Adam Montana said: To our news posters - we were making sure we didn't post duplicates, but that seems to be happening a bit more often. What If Itβs From The Ministry Of Redundancy Ministry ?Β Β Β Weegie Lewis Chairman ... Β Β Β Β 10 Quote Link to comment Share on other sites More sharing options...
lost one Posted October 15, 2020 Report Share Posted October 15, 2020 15 hours ago, psdon said: π²Β 1500 TO 1 a 25000 IRQ = 37,500,000 WoW Would that be nice.....but to no avail ....NOT Quote Link to comment Share on other sites More sharing options...
6ly410 Posted October 15, 2020 Report Share Posted October 15, 2020 The Central Bank presents its vision for reforming the banking sector Thursday 15 October 2020 130 https://alsabaah.iq/32881/ Β Β Baghdad: Hazem Muhammad Habib Β Β A few days ago, the Central Bank of Iraq put forward a vision to reform the reality of the banking sector in the country to strengthen the financial stability system based on competition. The governor of the bank, Mustafa Ghaleb Makhaif, told Al-Sabah that βthe future vision for the work of the Central Bank of Iraq is centered in light of the economic crisis through the goals it seeks to achieve and specified under its amended Law No. 56 of 2004, the most important of which is (ensuring the stability of domestic prices And the promotion of a stable financial system based on competition), to continue achieving the strategic objectives set out in the 2016-2020 plan. β The governor explains, βIn order to do so, the bank recently proposed the terms of the reform paper for the banking sector, which has been initiated now, because of its importance in developing banking services and products in the next stage, and through it the banking sector will be supported to advance its current reality. Of the specific criteria adopted by the bank and on the basis of which the operating banks were classified, βindicating thatβ this classification will be reviewed by the end of this year, and this will continue for the following seasons. β The governor of the Central Bank says: βThis step comes within the framework of strengthening confidence in the banking sector and improving the quality of services provided to the public, as well as enhancing competitiveness in the Iraqi banking sector.β Their conditions and the payment of their customers' dues, βstressing thatβ this classification will be an opportunity for these banks to prove their seriousness in achieving the requirements of reform and pay the dues of depositors and shareholders owed by those banks 1 5 Quote Link to comment Share on other sites More sharing options...
ronscarpa Posted October 16, 2020 Report Share Posted October 16, 2020 Thank you Adam - we appreciate you - Blessings ... Ron 3 Quote Link to comment Share on other sites More sharing options...
ronscarpa Posted October 16, 2020 Report Share Posted October 16, 2020 On 10/14/2020 at 11:13 AM, Pitcher said: Iraqβs Economy is 95% oil so hopefully we can get the CV under control and get things going again. Β Here is an article I didnβt see posted.Β https://oilprice.com/Latest-Energy-News/World-News/Iraq-Proposes-New-Jointly-Managed-Oil-Company-For-Kurdistan.html Β Thanks for bringing this article PitcherΒ ... Ron 1 3 Quote Link to comment Share on other sites More sharing options...
nannab Posted October 17, 2020 Report Share Posted October 17, 2020 On 10/14/2020 at 3:15 PM, Longtimelurker said: You can add me to that groupπ Absolutely LongtimeΒ Β Β Β The more the merrierΒ On 10/14/2020 at 3:43 PM, new york kevin said: Born in February , I can celebrate my b-day in October ! Done!!!Β The more the merrier NYKΒ π₯³ 1 Quote Link to comment Share on other sites More sharing options...
gregp Posted October 17, 2020 Report Share Posted October 17, 2020 On 10/15/2020 at 12:08 PM, 6ly410 said: The Central Bank presents its vision for reforming the banking sector Thursday 15 October 2020 130 https://alsabaah.iq/32881/ Β Β Baghdad: Hazem Muhammad Habib Β Β A few days ago, the Central Bank of Iraq put forward a vision to reform the reality of the banking sector in the country to strengthen the financial stability system based on competition. The governor of the bank, Mustafa Ghaleb Makhaif, told Al-Sabah that βthe future vision for the work of the Central Bank of Iraq is centered in light of the economic crisis through the goals it seeks to achieve and specified under its amended Law No. 56 of 2004, the most important of which is (ensuring the stability of domestic prices And the promotion of a stable financial system based on competition), to continue achieving the strategic objectives set out in the 2016-2020 plan. β The governor explains, βIn order to do so, the bank recently proposed the terms of the reform paper for the banking sector, which has been initiated now, because of its importance in developing banking services and products in the next stage, and through it the banking sector will be supported to advance its current reality. Of the specific criteria adopted by the bank and on the basis of which the operating banks were classified, βindicating thatβ this classification will be reviewed by the end of this year, and this will continue for the following seasons. β The governor of the Central Bank says: βThis step comes within the framework of strengthening confidence in the banking sector and improving the quality of services provided to the public, as well as enhancing competitiveness in the Iraqi banking sector.β Their conditions and the payment of their customers' dues, βstressing thatβ this classification will be an opportunity for these banks to prove their seriousness in achieving the requirements of reform and pay the dues of depositors and shareholders owed by those banks The reforms have been applied.Β This was a strong statement.Β Thanks 6LY on da flo.Β 3 1 1 Quote Link to comment Share on other sites More sharing options...
Popular Post Rochester Posted October 17, 2020 Popular Post Report Share Posted October 17, 2020 I had a dream last night. Went to the bank. Met the banker lady. I told her "I need some financial advice. I took a risky investment, that looks like it will pay off.".....first time I had an actual dream about the RV.Β 9 3 10 Quote Link to comment Share on other sites More sharing options...
Popular Post Adam Montana Posted October 17, 2020 Author Popular Post Report Share Posted October 17, 2020 41 minutes ago, Rochester said: I had a dream last night. Went to the bank. Met the banker lady. I told her "I need some financial advice. I took a risky investment, that looks like it will pay off.".....first time I had an actual dream about the RV.Β IβmΒ voting for this one to come true soon. 10 3 17 Quote Link to comment Share on other sites More sharing options...
captjohnk Posted October 17, 2020 Report Share Posted October 17, 2020 ME TOO !!!!!!!!!!!!!!!!!! 5 5 Quote Link to comment Share on other sites More sharing options...
Pepperina Posted October 17, 2020 Report Share Posted October 17, 2020 3 hours ago, Adam Montana said: IβmΒ voting for this one to come true soon. Β 3 hours ago, captjohnk said: ME TOO !!!!!!!!!!!!!!!!!! Me TOO ALSO Β βΌοΈ COME Β OOOooooooonnnnnnn R V βΌοΈβοΈ 1 3 Quote Link to comment Share on other sites More sharing options...
tigergorzow Posted October 17, 2020 Report Share Posted October 17, 2020 5 hours ago, Rochester said: I had a dream last night. Went to the bank. Met the banker lady. I told her "I need some financial advice. I took a risky investment, that looks like it will pay off.".....first time I had an actual dream about the RV.Β Me 3 Hoping this comes to fruition....ππππππ. Β GO RV & RI 2 1 Quote Link to comment Share on other sites More sharing options...
NEPatriotsFan1 Posted October 17, 2020 Report Share Posted October 17, 2020 30 minutes ago, Pepperina said: Β Me TOO ALSO Β βΌοΈ COME Β OOOooooooonnnnnnn R V βΌοΈβοΈ Wouldnβt that make it βMe Threeβ?Β ππ 1 1 Quote Link to comment Share on other sites More sharing options...
NEPatriotsFan1 Posted October 17, 2020 Report Share Posted October 17, 2020 Just now, NEPatriotsFan1 said: Wouldnβt that make it βMe Threeβ?Β ππ OopsΒ Β 18 minutes ago, tigergorzow said: Me 3 Hoping this comes to fruition....ππππππ. Β GO RV & RI looks like Tigergorzow beat me to that joke... sorry for the duplicateΒ 1 1 Quote Link to comment Share on other sites More sharing options...
tigergorzow Posted October 17, 2020 Report Share Posted October 17, 2020 Just now, NEPatriotsFan1 said: OopsΒ Β looks like Tigergorzow beat me to that joke... sorry for the duplicateΒ NEPatriotsFan1,Β Great DV minds think alike...ππππ 1 1 Quote Link to comment Share on other sites More sharing options...
DinarThug Posted October 18, 2020 Report Share Posted October 18, 2020 2 hours ago, NEPatriotsFan1 said: Wouldnβt that make it βMe Threeβ?Β ππ Β 2 hours ago, NEPatriotsFan1 said: OopsΒ Β looks like Tigergorzow beat me to that joke... sorry for the duplicate So Now Wouldnβt That Make It A Six Pack ? Β Β Β Β Β Β 3 1 Quote Link to comment Share on other sites More sharing options...
DinarThug Posted October 18, 2020 Report Share Posted October 18, 2020 Btw - What Do Coors Light And βMaking Luv In A Canoeβ Have In Common ? Β Β Theyβre Both Fβing Close To Water ! Β Β Β Β Β 7 Quote Link to comment Share on other sites More sharing options...
sq2 Posted October 18, 2020 Report Share Posted October 18, 2020 30 minutes ago, DinarThug said: Btw - What Do Coors Light And βMaking Luv In A Canoeβ Have In Common ? Β Β Theyβre Both Fβing Close To Water ! Β Β Β Β Β That's an old Pearl light joke!Β π 1 Quote Link to comment Share on other sites More sharing options...
olivesman Posted October 18, 2020 Report Share Posted October 18, 2020 11 hours ago, DinarThug said: Β So Now Wouldnβt That Make It A Six Pack ? Β Β Β Β Β Β Looks like a 12 pack to me...just sayin'... 6 1 Quote Link to comment Share on other sites More sharing options...
Telabiz Posted October 18, 2020 Report Share Posted October 18, 2020 Hence the reason countries are buying dinar . a reserve currency , with increasing value . that is why I bought in 11 years ago . thanks AdamΒ Β 1 Quote Link to comment Share on other sites More sharing options...
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