Economist: Central Bank of tools to install the exchange rate raised the inflation rate

[BondLady]

Economist: Central Bank of tools to install the exchange rate raised the inflation rate

Baghdad / Conference

The economic expert Dargham Muhammad Ali that the causes of rising inflation in recent years caused by the tools used by the Iraqi Central Bank to stabilize the exchange rate with the lifting of the value of the dinar and maintain the stability of the market. Ali said in a study sent by (of the Agency news) said Thursday that the causes of rising inflation in the years latter caused by the tools used by the Iraqi Central Bank to stabilize the exchange rate of Iraq and raise the value of the dinar and maintain the stability of the market in conjunction with government policies wrong in drawing tracks economic cross-rein shocks inflationary raised the rates of inflation. He explained that the rates of inflation growing, in recent months, a matter of return for the reasons non-cash, but for reasons of legislative and legal, by imposing some restrictions of imports and the imposition of customs on imported goods, leading to high rates of annual inflation to (6.5%) during the two months the last. He added that this rise worrying signal needs to processors shared between the government and the central bank without the need to change interest rates current as at acceptable rates, where the group must be at the exchange rate if Matovrt flexibility to reduce the dollar exchange rate in conjunction with the imminent implementation of the policy to delete the zeros by the Central Bank. He said that making the annual inflation rate ranges during the last year and the beginning within the limits of (3 and 4%) which is internationally accepted depending on the dinar exchange rate stable and the relative stability of legislation and income levels. The expert stressed the economic need to ensure increased support for basic food commodities through the ration card which factors as a whole will lead to the absorption rate of inflation in conjunction with the need to work to improve the country's energy as it adds an element of the local product and the cost of basic services, in addition to the need to pressure non-essential government expenditures in the operational side.

http://www.almutmar.com/index.php?id=201111964

[Alex38]

Great post!

[BondLady]

tyvm and i believe once they change the rate it will cause a short spike in inflation but once the markets adjust it will go back down to where they want it to imo, it wouldnt take long for it to go down , but this is a good art i liked it enjoy the article and enjoy your evening....BondLady

[dogtrainer55]

Whats the date of this article?

[bamagirl]

Thanks Bondlady!!

[Jaysonguru1]

I like this post!

[Alex38]

Whats the date of this article?

8/25/2011

[OregonHopeful]

"imminent implementation of the policy to delete the zeros by the Central Bank."

I LOVE this part!

[Speed57]

Thanks Bondlady for coming back to DV and Thanks for the Post.

OH and can you translate what this article is telling us. It like reading gibbish to me.

Thanks

[truthful1]

Economist: Central Bank of tools to install the exchange rate raised the inflation rate

Baghdad / Conference

The economic expert Dargham Muhammad Ali that the causes of rising inflation in recent years caused by the tools used by the Iraqi Central Bank to stabilize the exchange rate with the lifting of the value of the dinar and maintain the stability of the market. Ali said in a study sent by (of the Agency news) said Thursday that the causes of rising inflation in the years latter caused by the tools used by the Iraqi Central Bank to stabilize the exchange rate of Iraq and raise the value of the dinar and maintain the stability of the market in conjunction with government policies wrong in drawing tracks economic cross-rein shocks inflationary raised the rates of inflation. He explained that the rates of inflation growing, in recent months, a matter of return for the reasons non-cash, but for reasons of legislative and legal, by imposing some restrictions of imports and the imposition of customs on imported goods, leading to high rates of annual inflation to (6.5%) during the two months the last. He added that this rise worrying signal needs to processors shared between the government and the central bank without the need to change interest rates current as at acceptable rates, where the group must be at the exchange rate if Matovrt flexibility to reduce the dollar exchange rate in conjunction with the imminent implementation of the policy to delete the zeros by the Central Bank. He said that making the annual inflation rate ranges during the last year and the beginning within the limits of (3 and 4%) which is internationally accepted depending on the dinar exchange rate stable and the relative stability of legislation and income levels. The expert stressed the economic need to ensure increased support for basic food commodities through the ration card which factors as a whole will lead to the absorption rate of inflation in conjunction with the need to work to improve the country's energy as it adds an element of the local product and the cost of basic services, in addition to the need to pressure non-essential government expenditures in the operational side.

http://www.almutmar.com/index.php?id=201111964

I like the way there using the word "lifting"

[GT5Junkie]

"imminent implementation of the policy to delete the zeros by the Central Bank."

I LOVE this part!

You love lopping?

[DaveH]

to reduce the dollar exchange rate in conjunction with the imminent implementation of the policy to delete the zeros by the Central Bank

I like that part, great post BL

You love lopping?

read the few words before that, not a lop, but an increase in value

[dogtrainer55]

You love lopping?

Oh cut it out already.

[GT5Junkie]

to reduce the dollar exchange rate in conjunction with the imminent implementation of the policy to delete the zeros by the Central Bank

I like that part, great post BL

read the few words before that, not a lop, but an increase in value

Lopping increases the value of 1 dinar from being worth .00086 dollars to .86 dollars.

Delete the zeros means lop. There have been articles where they referred to what Turkey and Brazil did as deleting the zeros. Why would they use the same phrase for two completely different things?

[easyrider]

Lopping increases the value of 1 dinar from being worth .00086 dollars to .86 dollars.

Delete the zeros means lop. There have been articles where they referred to what Turkey and Brazil did as deleting the zeros. Why would they use the same phrase for two completely different things?

honestly you wont change people's views so why waste your time you believe their will be an RD fine but man you are quite annoying saying the same sh%& on every post you make.

[DRV1804]

honestly you wont change people's views so why waste your time you believe their will be an RD fine but man you are quite annoying saying the same sh%& on every post you make.

Exactly EZ!! It's the same post different day.... Come GT5 why are you even in this investment? And why would you waste your time on this site?"

[FlintNPebbles]

Exactly EZ!! It's the same post different day.... Come GT5 why are you even in this investment? And why would you waste your time on this site?"

Aaaackkkk....why did you ask him a question? Just kidding GT5...I don't agree with you but I do appreciate your input.

[Alex38]

This GT5Junkie is like Okie... but the opposite!! Hahahahaha!!! Crazy days!!

[kcw]

Thank you Bondlady

[upnorth]

BONDLADY IS BACK!!! Thanks for the post and never leave us please!

[Barriegirl]

You go girl! Love it!

And .... Thank you

[Sirius]

This GT5Junkie is like Okie... but the opposite!! Hahahahaha!!! Crazy days!!

Yeah , didn't they just scream at you that you were in their LOP section? But it's ok for them to troll any other post

and spew the same stuff over and over. I guess it makes them feel superior, either that or they lead really sad lives.

I just ignore what they say as I have it all memorized after 3000 posts from the same 4.

PS...thanks for the post BL

Edited August 26, 2011 by Sirius

[Realdinar]

Yeah , didn't they just scream at you that you were in their LOP section? But it's ok for them to troll any other post

and spew the same stuff over and over. I guess it makes them feel superior, either that or they lead really sad lives.

I just ignore what they say as I have it all memorized after 3000 posts from the same 4.

PS...thanks for the post BL

Come on dont it make perfect sense to invest in something, then crusade about how it will fail?

[Sirius]

Come on dont it make perfect sense to invest in something, then crusade about how it will fail?

Yeah you may have a point, maybe I will try it. Now if I could just find a stock that will tank and

also has a website that I can hang around in all my spare time.

Thanks wise sir.

[JWJW11]

Yeah you may have a point, maybe I will try it. Now if I could just find a stock that will tank and

also has a website that I can hang around in all my spare time.

Thanks wise sir.

Now see this was great! Very well put!!! Just cant even consider spending so much time on something you dont believe in. They are the type who should not be in this investment. Thanks