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CBI: The Decline In Oil Prices Will Not Affect The Dollar ER.


Luigi1
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Here's some articles of Dinarian interests...

Some good news about the Dollar ER & falling oil prices.

Int'l smart cards to be distributed.

Treat as a rumor.  Not verified.  Your opine.

 

 

 

Samson:      CBI Reserves.

Article:  ”The Governor of the Central Bank of Iraq, Ali Al-Alaq, confirmed that the decline in oil prices will not affect the dollar exchange rate.“

 

Militia Man:       The Int'l Smart Card.

ARTICLE:  Listen, PM’s directives support the development of the electronic payment systems here on the September 14 was yesterday the international smart card.

 

The K company described the directives of the PM, Shia al Sadani, to develop the reality of the electronic payment in the tasks of our act. So obviously we already know that they’ve been doing this for quite a long time.  A source says the PM’s directives come with the aim of improving performance in government institutions & benefiting from electronic payment within the private sector path.

 

So getting the government & the private sector merged together with electronic payments, etc, is going to be a big issue.  So the path to that private sector is what?  Through electronic payments, the government institutions & capital markets basically will use the electronic systems to facilitate their work.  I think you guys can all figure that out.

 

What are they going to be doing?  They’re going to be doing their work in a more transparent manner as they have in the past.  So what does that do?  Tells you right out the gate, they’re going to reduce corruption, they’re going to have speed, efficiency & transparency.

 

 
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Here's another article related to the above...USFR ending the work of the electronic platform...

 

 

Clare:      USFR Ending The Work Of The Electronic Platform.

Article: “6 scenarios that the Iraqi Central Bank will work on, narrated by Al-Issawi ” 

Quote:  “The economic expert stated that the CBI is negotiating with the US Federal Reserve regarding ending the work of the electronic platform for foreign transfers & replacing it with direct banking relations between Iraqi banks.“

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Samson:      CBI Reserves.

Article:  ”The Governor of the Central Bank of Iraq, Ali Al-Alaq, confirmed that the decline in oil prices will not affect the dollar exchange rate.“

 

No matter what the price of oil has been over all these years, it hasn't changed much...good or bad!  :jester:

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