DWS112 Posted December 6, 2020 Report Share Posted December 6, 2020 (edited) 6 minutes ago, SONIA1 said: increase as 1300 per dollar ? Sounds like an increase in the exchange rate? ( I thought 1 to 1 to the dollar ) - JMO Edited December 6, 2020 by DWS112 4 1 8 Link to comment Share on other sites More sharing options...
PrehistoricMan Posted December 6, 2020 Report Share Posted December 6, 2020 1 hour ago, Carrello said: DWS112: By all means, let's take a very promising article with intriguing information that may lead us all of who have been in this investment together, some for over a decade, and turn it into something negative and divisive with political remarks. Thanks for the article. I reread this entire page twice. Nowhere was DWS being political. 1 3 Link to comment Share on other sites More sharing options...
DWS112 Posted December 6, 2020 Report Share Posted December 6, 2020 1 minute ago, PrehistoricMan said: Nowhere was DWS being political. I made a political statement and then deleted it. (BUMP!) I heard Rudy G. caught covid and I let loose a little! Sorry. 3 Link to comment Share on other sites More sharing options...
fnbplanet Posted December 6, 2020 Report Share Posted December 6, 2020 It says "update" the dinar exchange rate. It doesn't say "increase" the rate. Not everyone on the planet is expecting a significant increase as we in dinarland are. 1 Link to comment Share on other sites More sharing options...
DWS112 Posted December 6, 2020 Report Share Posted December 6, 2020 1 hour ago, DWS112 said: I made a political statement and then deleted it. (BUMP!) I heard Rudy G. caught covid and I let loose a little! Sorry. Mayor Giuliani is a fighter and he will overcome this virus. Hope he has a quick recovery. - DWS112 1 1 7 Link to comment Share on other sites More sharing options...
edithjimmy Posted December 6, 2020 Report Share Posted December 6, 2020 Sounds great to me!!!! Link to comment Share on other sites More sharing options...
Rochester Posted December 6, 2020 Report Share Posted December 6, 2020 23 minutes ago, DWS112 said: Mayor Giuliani is a fighter and he will overcome this virus. Hope he has a quick recovery. - DWS112 Nice classy answer. Need more people like that, since you voted Biden I'd guess. 1 Link to comment Share on other sites More sharing options...
keylime Posted December 7, 2020 Report Share Posted December 7, 2020 48 minutes ago, fnbplanet said: It says "update" the dinar exchange rate. It doesn't say "increase" the rate. Not everyone on the planet is expecting a significant increase as we in dinarland are. Well "UPdate" is better than "Downdate" HA! 2 Link to comment Share on other sites More sharing options...
yota691 Posted December 7, 2020 Author Report Share Posted December 7, 2020 Baghdad The International Monetary Fund is negotiating to determine the exchange rate Monday 07 December 2020 33 Baghdad: Hoda Al-Azzawi The Finance Committee in the House of Representatives expressed its hope that the 2021 budget bill will arrive in Parliament at the end of this week or early next week, with a deficit ranging between 40 to 50 percent of the volume of public spending, and while the Al-Kazemi government intends to resolve the file in the regular session of the Council of Ministers that will be held tomorrow On Tuesday, it revealed that there are "job degrees" in the bill to be awarded to those entitled to it. The government was late in preparing the budget due to the rapid change in global oil prices, which reached 49 dollars per barrel, in addition to negotiations with the International Monetary Fund to determine the exchange rate of the Iraqi dinar. The Parliamentary Finance Committee also warned against “lowering the exchange rate of the dinar against the dollar, which will increase inflation rates and negatively affect low-income people who depend on salaries.” Committee reporter Ahmed Al-Saffar told Al-Sabah: "The 2021 budget may reach parliament at the end of the week or early next week," attributing the reason for its delay to the rapid changes in global oil prices that reached $ 49 per barrel, which called for a review of the price The oil that is planned for the budget, as it affects revenues, the deficit, and how to spend it General ». Al-Saffar expected that "the deficit ranges between 40 to 50 percent of the volume of spending," noting that "the other reason for the budget delay is due to negotiations between the Ministry of Finance and the International Monetary Fund to determine the exchange rate of the Iraqi dinar." Al-Saffar revealed that "there are opinions to reduce the exchange rate of the Iraqi dinar against the dollar," indicating that "this measure will lead to inflation and negatively affect those with limited income who depend on their salaries." 1 9 Link to comment Share on other sites More sharing options...
currenzcraze Posted December 7, 2020 Report Share Posted December 7, 2020 3 hours ago, Carrello said: DWS112: By all means, let's take a very promising article with intriguing information that may lead us all of who have been in this investment together, some for over a decade, and turn it into something negative and divisive with political remarks. Thanks for the article. What conversation had negative and divisive remarks? I didn’t know Iraq was a negative word.😀 1 1 Link to comment Share on other sites More sharing options...
keylime Posted December 7, 2020 Report Share Posted December 7, 2020 6 hours ago, Half Crazy Runner said: 😲 wowzers! I hope that picture of coins with the article is an indication of a rate change that is so significant that they can issue denominations that are just a fraction of a dinar! Great article DWS112!!! I count about $13.25 worth of US quarters. Hopefully with this picture they are saying this is what 4 dinars are going to look like in American coins after the "UPdate"! 1 Link to comment Share on other sites More sharing options...
yota691 Posted December 7, 2020 Author Report Share Posted December 7, 2020 Al-Kaabi: Next year's budget will be faster to approve than its predecessors Monday 07 December 2020 34 Baghdad: Morning A dialogue meeting called by the Parliamentary Regions and Governorates Committee chaired by the First Deputy Speaker of Parliament Hassan al-Kaabi and concerned with discussing the budget of each governorate for the year 2021 and investment projects and projects to develop regions and departments that have been attached to the governorates resulted in several recommendations, the most important of which is approaching all relevant ministries and departments regarding the speedy completion of the lagging projects, especially those Achieved high achievement rates. Under the auspices of the Presidency of the Council of Representatives and headed by Mr. Hassan Karim Al-Kaabi, First Deputy Speaker of the House of Representatives, a dialogue meeting was held in the House of Representatives today, Sunday 6 December 2020, called by the Parliamentary Regions and Governorates Committee to discuss the budget for each governorate for the year 2021, investment projects, and projects to develop regions and departments that have taken place Attachable Governorates. Al-Kaabi said, in the meeting, which was attended by the heads and members of the regions and governorates committees that are not organized in a region, finance, services and parliamentary reconstruction, and governors, heads of administrative units: These meetings that bring together the committees concerned with the governors are working to expedite the solution of the problems that cities suffer from, especially the service ones, and here will be held Meet periodically. He added that the 2021 budget is a top priority for discussion at the meeting to increase the governorates' experience in preparing and sending the budget, and here next year’s budget will be faster in approval than its predecessors, indicating that we have to discuss the file of the governorates that have suffered from deprivation in the number of projects completed in them due to many conditions they have suffered from during the period And we must ensure its right and equality with the rest Provinces. 1 4 Link to comment Share on other sites More sharing options...
Artitech Posted December 7, 2020 Report Share Posted December 7, 2020 2 hours ago, DWS112 said: I made a political statement and then deleted it. (BUMP!) I heard Rudy G. caught covid and I let loose a little! Sorry. Praying for Rudy’s complete healing and recovery! I personally think he is a great American! I hope me saying this, is not considered Political! JMHO 2 1 7 4 Link to comment Share on other sites More sharing options...
WheresmyRV? Posted December 7, 2020 Report Share Posted December 7, 2020 Lots of talk the past few weeks about the deletion of the zero's. Lets hope they remove the zero's off the exchange rate this month! 1 3 6 Link to comment Share on other sites More sharing options...
soon Posted December 7, 2020 Report Share Posted December 7, 2020 remember jan. 1 starts iraqs fiscal year. maybe,just maybe our train ride will come to a screeching halt. 4 3 Link to comment Share on other sites More sharing options...
davis411 Posted December 7, 2020 Report Share Posted December 7, 2020 35 minutes ago, soon said: will come to a screeching halt Ya right on top of my body just my luck 1 Link to comment Share on other sites More sharing options...
screwball Posted December 7, 2020 Report Share Posted December 7, 2020 4 hours ago, fnbplanet said: It says "update" the dinar exchange rate. It doesn't say "increase" the rate. Not everyone on the planet is expecting a significant increase as we in dinarland are. you only update if you make change otherwise its status quo 2 Link to comment Share on other sites More sharing options...
PrehistoricMan Posted December 7, 2020 Report Share Posted December 7, 2020 2 hours ago, soon said: remember jan. 1 starts iraqs fiscal year. maybe,just maybe our train ride will come to a screeching halt. A guru thinks the CIA website which says the fiscal year of Iraq is Jan 1st to December, thinks it is lying and the real fiscal year starts April 1st. I think he is off of it imo Link to comment Share on other sites More sharing options...
pokerplayer Posted December 7, 2020 Report Share Posted December 7, 2020 Baghdad The International Monetary Fund is negotiating to determine the exchange rate Monday 07 December 2020 Baghdad: Hoda Al-Azzawi The Finance Committee in the House of Representatives expressed its hope that the 2021 budget bill will reach Parliament at the end of this week or early next week, with a deficit ranging between 40 to 50 percent of the volume of public spending, while the Al-Kazemi government intends to resolve the file in the regular session of the Council of Ministers that will be held tomorrow On Tuesday, it revealed that there are "job degrees" in the bill to be awarded to those entitled to it. The government was late in preparing the budget due to the rapid change in global oil prices, which reached 49 dollars per barrel, in addition to negotiations with the International Monetary Fund to determine the exchange rate of the Iraqi dinar. The Parliamentary Finance Committee also warned against “lowering the exchange rate of the dinar against the dollar, which will increase inflation rates and negatively affect low-income people who depend on salaries.” Committee reporter Ahmed Al-Saffar told Al-Sabah: “The 2021 budget may reach Parliament at the end of the week or early next week,” attributing the reason for its delay to the rapid changes in global oil prices that reached $ 49 per barrel, which called for a review of the price The oil that is planned for the budget, as it affects revenues, the deficit, and how to spend it General ». Al-Saffar expected that "the deficit ranges between 40 to 50 percent of the volume of spending," noting that "the other reason for the budget delay is due to negotiations between the Ministry of Finance and the International Monetary Fund to determine the exchange rate of the Iraqi dinar." Al-Saffar revealed that "there are opinions to reduce the exchange rate of the Iraqi dinar against the dollar," indicating that "this measure will lead to inflation and negatively affect people with limited income who depend on their salaries." LINK 2 5 3 Link to comment Share on other sites More sharing options...
screwball Posted December 7, 2020 Report Share Posted December 7, 2020 16 minutes ago, pokerplayer said: Baghdad The International Monetary Fund is negotiating to determine the exchange rate Monday 07 December 2020 Baghdad: Hoda Al-Azzawi The Finance Committee in the House of Representatives expressed its hope that the 2021 budget bill will reach Parliament at the end of this week or early next week, with a deficit ranging between 40 to 50 percent of the volume of public spending, while the Al-Kazemi government intends to resolve the file in the regular session of the Council of Ministers that will be held tomorrow On Tuesday, it revealed that there are "job degrees" in the bill to be awarded to those entitled to it. The government was late in preparing the budget due to the rapid change in global oil prices, which reached 49 dollars per barrel, in addition to negotiations with the International Monetary Fund to determine the exchange rate of the Iraqi dinar. The Parliamentary Finance Committee also warned against “lowering the exchange rate of the dinar against the dollar, which will increase inflation rates and negatively affect low-income people who depend on salaries.” Committee reporter Ahmed Al-Saffar told Al-Sabah: “The 2021 budget may reach Parliament at the end of the week or early next week,” attributing the reason for its delay to the rapid changes in global oil prices that reached $ 49 per barrel, which called for a review of the price The oil that is planned for the budget, as it affects revenues, the deficit, and how to spend it General ». Al-Saffar expected that "the deficit ranges between 40 to 50 percent of the volume of spending," noting that "the other reason for the budget delay is due to negotiations between the Ministry of Finance and the International Monetary Fund to determine the exchange rate of the Iraqi dinar." Al-Saffar revealed that "there are opinions to reduce the exchange rate of the Iraqi dinar against the dollar," indicating that "this measure will lead to inflation and negatively affect people with limited income who depend on their salaries." LINK Greatest article for years 1 1 2 3 Link to comment Share on other sites More sharing options...
rvmydinar Posted December 7, 2020 Report Share Posted December 7, 2020 28 minutes ago, pokerplayer said: Ministry of Finance and the International Monetary Fund to determine the exchange rate of the Iraqi dinar." Wow. I never know Minister of finance and imf have the authority to determine the exchange rate. Where is the cbi anyway? Shouldn't the cbi get involved to determine the exchange rate? Does the minister of finance represent the cbi to determine the exchange rate? Anyway it doesn't really matter whether it is the cbi or minister of finance who determines the rate as long as either one of them can release the rate at least 1:1 and everybody is happy. Come on minister of finance and imf get it done quickly. I hope imf and minister of finance aren't as slow as camel to determine the exchange rate. The most important is no more delay, no more bs and no more excuse (holiday). Come rv sooner and closer. 1 3 Link to comment Share on other sites More sharing options...
Fred70 Posted December 7, 2020 Report Share Posted December 7, 2020 Interesting, lets hope something positive comes out of this. 2 1 Link to comment Share on other sites More sharing options...
rvmydinar Posted December 7, 2020 Report Share Posted December 7, 2020 11 hours ago, fnbplanet said: It says "update" the dinar exchange rate. It doesn't say "increase" the rate. Then, what is the different between " update " and " increase "? Does " update " mean only a low rate increase below 1:1? And does " increase " means a high rate increase at least 1:1? 2 Link to comment Share on other sites More sharing options...
danielchu Posted December 7, 2020 Report Share Posted December 7, 2020 That 2 percent move they been doing for years i am sure... nothing to see here move along .. lol Link to comment Share on other sites More sharing options...
wciappetta Posted December 7, 2020 Report Share Posted December 7, 2020 12 hours ago, fnbplanet said: It says "update" the dinar exchange rate. It doesn't say "increase" the rate. Not everyone on the planet is expecting a significant increase as we in dinarland are. You weren't expecting them to preannounce an increase were you? Update would be the market sensitive phrase. 1 Link to comment Share on other sites More sharing options...
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