Guest views are now limited to 12 pages. If you get an "Error" message, just sign in! If you need to create an account, click here.

Jump to content

  • CRYPTO REWARDS!

    Full endorsement on this opportunity - but it's limited, so get in while you can!

Shabibbi says raise the value of dinar

noskar

By noskar,
in Iraq & Dinar Related News

 Share

Recommended Posts

noskar Newbie

noskar

Posted
Posted

* The Governor of Central Bank: Shabibbi Says Raise the Value of the Dinar

December 19th, 2010 08:26 pm · Posted in NEWS

Iraqi Media Network

Said Dr. Shabibi central bank governor that this year’s budget an investment budget because it focused on the size of the investment Ziada.

Shabibi said that the role of the central bank is to address the imbalance that would result from the development process that will result from changes in economic structure are basic.

He pointed out that the central bank is to achieve development in a stable monetary environment through attention to all means and policies to achieve economic stability and moderation in the environment and the normal rate of inflation moderate.

He continued: our budget relating to the conservation of its resources, is done by combating inflation. Stressing that the bank had several measures including raising the dinar exchange rate.

He pointed out that the impact of this action on the budget through the impact on the purchasing power of government, will increase by addressing inflation.

Shabibi said: that this policy will increase the confidence in dinars, which will pull some of the money to the banking sector and the rationalization of government spending because of its impact on inflation.

He indicated that this action will lead to a reduction in prices of import goods such as private sector imports and the import of the government’s development that comes from converting the Iraqi dinar to the dollar.

He added that this policy at the time weakens the government’s ability to buy the dinar, it strengthens Aldenarabraghi which is owned by the government. He pointed out that the bank wants and means to affect the economic and monetary policy by making the dinar valuable and powerful.

link

Mods if this has been posted already then remove.... thanx

  • Upvote 15
Link to comment
Share on other sites
awish30 Newbie

awish30

Posted
Posted

* The Governor of Central Bank: Shabibbi Says Raise the Value of the Dinar

December 19th, 2010 08:26 pm · Posted in NEWS

Iraqi Media Network

Said Dr. Shabibi central bank governor that this year’s budget an investment budget because it focused on the size of the investment Ziada.

Shabibi said that the role of the central bank is to address the imbalance that would result from the development process that will result from changes in economic structure are basic.

He pointed out that the central bank is to achieve development in a stable monetary environment through attention to all means and policies to achieve economic stability and moderation in the environment and the normal rate of inflation moderate.

He continued: our budget relating to the conservation of its resources, is done by combating inflation. Stressing that the bank had several measures including raising the dinar exchange rate.

He pointed out that the impact of this action on the budget through the impact on the purchasing power of government, will increase by addressing inflation.

Shabibi said: that this policy will increase the confidence in dinars, which will pull some of the money to the banking sector and the rationalization of government spending because of its impact on inflation.

He indicated that this action will lead to a reduction in prices of import goods such as private sector imports and the import of the government’s development that comes from converting the Iraqi dinar to the dollar.

He added that this policy at the time weakens the government’s ability to buy the dinar, it strengthens Aldenarabraghi which is owned by the government. He pointed out that the bank wants and means to affect the economic and monetary policy by making the dinar valuable and powerful.

link

Mods if this has been posted already then remove.... thanx

This is good news RV here we go.

  • Upvote 1
Link to comment
Share on other sites
Dreamin2010 Newbie

Dreamin2010

Posted
Posted

that this policy will increase the confidence in dinars, I HAVE CONFIDENCE SHABIBI! SO DOES THE REST OF THE DV

He indicated that this action will lead to a reduction in prices of import goods such as private sector imports and the import of the government’s development that comes from converting the Iraqi dinar to the dollar.

RV TRAIN IS COMING , CHOO CHOO !!!!

  • Upvote 3
Link to comment
Share on other sites
Dinar Dude Newbie

Dinar Dude

Posted
Posted

* The Governor of Central Bank: Shabibbi Says Raise the Value of the Dinar

December 19th, 2010 08:26 pm · Posted in NEWS

Iraqi Media Network

Said Dr. Shabibi central bank governor that this year’s budget an investment budget because it focused on the size of the investment Ziada.

Shabibi said that the role of the central bank is to address the imbalance that would result from the development process that will result from changes in economic structure are basic.

He pointed out that the central bank is to achieve development in a stable monetary environment through attention to all means and policies to achieve economic stability and moderation in the environment and the normal rate of inflation moderate.

He continued: our budget relating to the conservation of its resources, is done by combating inflation. Stressing that the bank had several measures including raising the dinar exchange rate.

He pointed out that the impact of this action on the budget through the impact on the purchasing power of government, will increase by addressing inflation.

Shabibi said: that this policy will increase the confidence in dinars, which will pull some of the money to the banking sector and the rationalization of government spending because of its impact on inflation.

He indicated that this action will lead to a reduction in prices of import goods such as private sector imports and the import of the government’s development that comes from converting the Iraqi dinar to the dollar.

He added that this policy at the time weakens the government’s ability to buy the dinar, it strengthens Aldenarabraghi which is owned by the government. He pointed out that the bank wants and means to affect the economic and monetary policy by making the dinar valuable and powerful.

link

Mods if this has been posted already then remove.... thanx

This news is great news and thanks for posting it, bu--------------------------------------t, it is from dec 2 2010

Still a great article.

http://don't promote other sites.wordpress.com/2010/12/02/shabibi-this-years-budget-focused-on-increasing-investments-raising-dinar-is-a-method-to-combat-inflation/

Link to comment
Share on other sites
RVDinar4MyFamily Newbie

RVDinar4MyFamily

Posted
Posted (edited)

this is from Dec 2 2010 not January...

Actually it is from Thursday, January 25th, 2007

the artilce shows January 25th and the last time the 25th was on a Thursday in January was 2007

Central Bank Governor:

التاريخ: Thursday, January 25 Date: Thursday, January 25

الموضوع: اخبار وتقارير اقتصادية Topic: News and economic reports

ميزانية هذا العام ركزت على زيادة حجم الاستثمار في العراق This year's budget focused on increasing the volume of investment in Iraq

شبكة الإعلام العراقي Iraqi Media Network

اوضح الدكتور سنان الشبيبي محافظ البنك المركزي بأن ميزانية هذا العام ميزانية استثمارية لانها ركزت على زيادت حجم الاستثمار. Said Dr. Shabibi central bank governor that this year's budget an investment budget because it focused on the size of the investment Ziada.

واكد الشبيبي بأن دور البنك المركزي يتمثل في معالجة الاختلال الذي سينجم عن عملية التنمية التي ستتمخض عن تغييرات في البنية الاقتصادية الارتكازية. Shabibi said that the role of the central bank is to address the imbalance that would result from the development process that will result from changes in economic structure are basic.

مشيرا الى ان عمل البنك المركزي هو تحقيق التنمية في بيئة نقدية مستقرة من خلال الاهتمام بكل الوسائل والسياسات التي تحقق الاستقرار الاقتصادي واعتدال البيئة السوية ونسبة تضخم معتدل. He pointed out that the central bank is to achieve development in a stable monetary environment through attention to all means and policies to achieve economic stability and moderation in the environment and the normal rate of inflation moderate.

وتابع: ان علاقتنا بالميزانية تتعلق بالحفاظ على مواردها، ويتم ذلك عن طريق مكافحة التضخم. He continued: our budget relating to the conservation of its resources, is done by combating inflation.

مؤكدا بأن البنك قام بالعديد من الاجراءات ومنها رفع سعر صرف الدينار. Stressing that the bank had several measures including raising the dinar exchange rate.

مشيرا الى ان هذا الاجراء اثر على الميزانية من خلال التأثير على القدرة الشرائية للحكومة، وسيزداد من خلال معالجة التضخم. He pointed out that the impact of this action on the budget through the impact on the purchasing power of government, will increase by addressing inflation.

واضاف الشبيبي: ان هذه السياسة ستعمل على زيادة الثقة بالدينار مما سيسحب نوعا من الاموال للقطاع المصرفي وترشيد الانفاق الحكومي لما له من تأثير على التضخم. Shabibi said: that this policy will increase the confidence in dinars, which will pull some of the money to the banking sector and the rationalization of government spending because of its impact on inflation.

منوها الى ان هذا الاجراء يؤدي الى خفض اسعار سلع الاستيراد مثل استيراد القطاع الخاص واستيرادات الحكومة للتنمية التي تأتي من تحويل الدينار العراقي الى دولار. He indicated that this action will lead to a reduction in prices of import goods such as private sector imports and the import of the government's development that comes from converting the Iraqi dinar to the dollar.

واضاف بأن هذه السياسة في الوقت الذي تضعف من قدرة الحكومة على شراء الدينار فإنها تقوي الدينارالعراقي الذي تملكه الحكومة. He added that this policy at the time weakens the government's ability to buy the dinar, it strengthens Aldenarabraghi which is owned by the government.

مشيرا الى ان البنك يريد وسيلة تؤثر على السياسة الاقتصادية والنقدية من خلال جعل الدينار ذا قيمة وقوة. He pointed out that the bank wants and means to affect the economic and monetary policy by making the dinar valuable and powerful.

Edited by RVDinar4MyFamily
Link to comment
Share on other sites
noskar Newbie

noskar

Posted
  • Author
Posted

Actually it is from Thursday, January 25th, 2007

the artilce shows January 25th and the last time the 25th was on a Thursday in January was 2007

Central Bank Governor:

التاريخ: Thursday, January 25 Date: Thursday, January 25

الموضوع: اخبار وتقارير اقتصادية Topic: News and economic reports

ميزانية هذا العام ركزت على زيادة حجم الاستثمار في العراق This year's budget focused on increasing the volume of investment in Iraq

شبكة الإعلام العراقي Iraqi Media Network

اوضح الدكتور سنان الشبيبي محافظ البنك المركزي بأن ميزانية هذا العام ميزانية استثمارية لانها ركزت على زيادت حجم الاستثمار. Said Dr. Shabibi central bank governor that this year's budget an investment budget because it focused on the size of the investment Ziada.

واكد الشبيبي بأن دور البنك المركزي يتمثل في معالجة الاختلال الذي سينجم عن عملية التنمية التي ستتمخض عن تغييرات في البنية الاقتصادية الارتكازية. Shabibi said that the role of the central bank is to address the imbalance that would result from the development process that will result from changes in economic structure are basic.

مشيرا الى ان عمل البنك المركزي هو تحقيق التنمية في بيئة نقدية مستقرة من خلال الاهتمام بكل الوسائل والسياسات التي تحقق الاستقرار الاقتصادي واعتدال البيئة السوية ونسبة تضخم معتدل. He pointed out that the central bank is to achieve development in a stable monetary environment through attention to all means and policies to achieve economic stability and moderation in the environment and the normal rate of inflation moderate.

وتابع: ان علاقتنا بالميزانية تتعلق بالحفاظ على مواردها، ويتم ذلك عن طريق مكافحة التضخم. He continued: our budget relating to the conservation of its resources, is done by combating inflation.

مؤكدا بأن البنك قام بالعديد من الاجراءات ومنها رفع سعر صرف الدينار. Stressing that the bank had several measures including raising the dinar exchange rate.

مشيرا الى ان هذا الاجراء اثر على الميزانية من خلال التأثير على القدرة الشرائية للحكومة، وسيزداد من خلال معالجة التضخم. He pointed out that the impact of this action on the budget through the impact on the purchasing power of government, will increase by addressing inflation.

واضاف الشبيبي: ان هذه السياسة ستعمل على زيادة الثقة بالدينار مما سيسحب نوعا من الاموال للقطاع المصرفي وترشيد الانفاق الحكومي لما له من تأثير على التضخم. Shabibi said: that this policy will increase the confidence in dinars, which will pull some of the money to the banking sector and the rationalization of government spending because of its impact on inflation.

منوها الى ان هذا الاجراء يؤدي الى خفض اسعار سلع الاستيراد مثل استيراد القطاع الخاص واستيرادات الحكومة للتنمية التي تأتي من تحويل الدينار العراقي الى دولار. He indicated that this action will lead to a reduction in prices of import goods such as private sector imports and the import of the government's development that comes from converting the Iraqi dinar to the dollar.

واضاف بأن هذه السياسة في الوقت الذي تضعف من قدرة الحكومة على شراء الدينار فإنها تقوي الدينارالعراقي الذي تملكه الحكومة. He added that this policy at the time weakens the government's ability to buy the dinar, it strengthens Aldenarabraghi which is owned by the government.

مشيرا الى ان البنك يريد وسيلة تؤثر على السياسة الاقتصادية والنقدية من خلال جعل الدينار ذا قيمة وقوة. He pointed out that the bank wants and means to affect the economic and monetary policy by making the dinar valuable and powerful.

you know that feeling you get when you get kicked in the stomach... i just got that when i read that DATE...2007???? im gonna puke, this investment is such a roller coaster if nothing happens by the end of this year im thinking of hangin up the gloves and layin this to rest....

  • Upvote 1
Link to comment
Share on other sites
RVDinar4MyFamily Newbie

RVDinar4MyFamily

Posted
Posted

you know that feeling you get when you get kicked in the stomach... i just got that when i read that DATE...2007???? im gonna puke, this investment is such a roller coaster if nothing happens by the end of this year im thinking of hangin up the gloves and layin this to rest....

Dont let this articles date get you down it was right at the time and the dinar did appreciate a little at the time.

There is alot of good news going on right now that should be making you feel pretty good about this investment, we are close, very close, if it is not this week, I dont think it will go much more then the first week or two into 2011. watch what parliment does with a seated govt. Maliki is supposed to announce gov't today and could be at any time now.

Link to comment
Share on other sites
Guest
This topic is now closed to further replies.
 Share
Go to topic listing

  • Recently Browsing   0 members

    • No registered users viewing this page.


  • Testing the Rocker Badge!

    Take This Quiz

  • Live Exchange Rate

×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.

  I accept