CBI: We Have the Power to Rein in Inflation in Moments....

[Rogue Knight]

Central Bank: We have the power to rein in inflation in moments if you reached the decimal two places Author: HM Editor: HAH | BR Sunday, 06 T 2 2011 10:34 GMT30,989 http://www.alsumarianews.com/ NewsDetails Deputy Governor of the Central Bank of the appearance of Mohammed Saleh

Deputy Governor of the Central Bank of the appearance of Mohammed Saleh Alsumaria News / Baghdad

Central Bank of Iraq, Sunday, he would intervene strongly to curb inflation if arrived at two places decimal places, while he called for review of operating expenses in the general budget, he noted that there are many sections of the drainage in the operating budget is incorrect. said Deputy Governor of the Central Bank of Iraq the appearance of Mohammed Saleh in an interview for "Alsumaria News", "Iraq has not seen since the 20-year decline in annual inflation to the level of one decimal place only during the year 2011, which reached the rate in the month of February to 3 per ten to rise after gradually to reach in August to 7.6 per ten to fall in September to 7.3 per ten. " Saleh added that "the Iraqi Central Bank monitors the indicators of inflation in Iraq with the gradual rise during the past months," adding that "the Bank will intervene strongly rein in inflation in the moments when what he found up to the stages of worry about the stability and close to two places decimal places and up to 10% or more, the fact that monetary policy is able to accommodate inflation. " Saleh continued that "inflation in Iraq in most facets importer due to the importation of food and high global oil prices, in addition to higher pay rent houses internally, "pointing out that" the Bank is able to tackle inflation through the use of tools the bank cash correctly to bolster the Iraqi currency by controlling the levels of cash flow and enhance the purchasing power of the Iraqi dinar by the use of signals of exchange and interest rate. " In another context, called the deputy governor of the Central Bank of the government of "the need to reconsider operating expenses to balance the Iraqi public is fully through the re-engineering and study the operating budget," asserting that "the operating budget where the waste of a lot." Saleh indicated that the "There are many sections of the drainage in the operating budget is incorrect and poor management, corruption, mismanagement and waste and expenses are incorrect," noting that "there are institutions that have been created since the beginning of the establishment of the Iraqi government after 2003, and expired." and the previously announced Central Bank of Iraq, in the 28, last August, a rise in the inflation rate to more than 7% during the month of July, while the expressed concern of the aspect ratio, although it under the mattress decimal one, he stressed that monetary policy will limit this direction and absorbs part of the demand pressures and expectations of inflation. The Ministry of Planning announced on 13 October, the inflation index during the month of September last, rose by one percent compared with August last, while the annual index by relatively large at 5 percent compared with same month of last year 2010. The The CBI headquarters in Baghdad, and has four branches in Basra and Sulaymaniyah, Erbil and Mosul, founded the bank independent Iraqi under the law of the Central Bank of Iraq issued on March 6, 2004, and shall be responsible for maintaining price stability and the implementation of monetary policy, including exchange rate policies and the management of foreign reserves and the issuance of currency management, as well as to regulate the banking sector.

http://www.alsumarianews.com/ar/3/30989/news-details-.html

[RodandStaff]

Yeah... I can think of something that will help em reign in inflation too!

Thanks for the post Rogue!

GO RV Already Baby!!!

[AoK]

Saleh added that "the Iraqi Central Bank monitors the indicators of inflation in Iraq with the gradual rise during the past months," adding that "the Bank will intervene strongly rein in inflation in the moments when what he found up to the stages of worry about the stability and close to two places decimal places and up to 10% or more, the fact that monetary policy is able to accommodate inflation. "http://www.alsumaria...s-details-.html

Yup, clear as mud! Bondlady where are you?!?! So we know they an "intervene strongly" and many of us, arguably, understand that to imply an RV, the only question is WHEN?

[DinarBot]

Central Bank: We have the power to rein in inflation in moments if you reached the decimal two places Author: HM Editor: HAH | BR Sunday, 06 T 2 2011 10:34 GMT30,989 http://www.alsumarianews.com/ NewsDetails Deputy Governor of the Central Bank of the appearance of Mohammed Saleh

Deputy Governor of the Central Bank of the appearance of Mohammed Saleh Alsumaria News / Baghdad

Central Bank of Iraq, Sunday, he would intervene strongly to curb inflation if arrived at two places decimal places, while he called for review of operating expenses in the general budget, he noted that there are many sections of the drainage in the operating budget is incorrect. said Deputy Governor of the Central Bank of Iraq the appearance of Mohammed Saleh in an interview for "Alsumaria News", "Iraq has not seen since the 20-year decline in annual inflation to the level of one decimal place only during the year 2011, which reached the rate in the month of February to 3 per ten to rise after gradually to reach in August to 7.6 per ten to fall in September to 7.3 per ten. " Saleh added that "the Iraqi Central Bank monitors the indicators of inflation in Iraq with the gradual rise during the past months," adding that "the Bank will intervene strongly rein in inflation in the moments when what he found up to the stages of worry about the stability and close to two places decimal places and up to 10% or more, the fact that monetary policy is able to accommodate inflation. " Saleh continued that "inflation in Iraq in most facets importer due to the importation of food and high global oil prices, in addition to higher pay rent houses internally, "pointing out that" the Bank is able to tackle inflation through the use of tools the bank cash correctly to bolster the Iraqi currency by controlling the levels of cash flow and enhance the purchasing power of the Iraqi dinar by the use of signals of exchange and interest rate. " In another context, called the deputy governor of the Central Bank of the government of "the need to reconsider operating expenses to balance the Iraqi public is fully through the re-engineering and study the operating budget," asserting that "the operating budget where the waste of a lot." Saleh indicated that the "There are many sections of the drainage in the operating budget is incorrect and poor management, corruption, mismanagement and waste and expenses are incorrect," noting that "there are institutions that have been created since the beginning of the establishment of the Iraqi government after 2003, and expired." and the previously announced Central Bank of Iraq, in the 28, last August, a rise in the inflation rate to more than 7% during the month of July, while the expressed concern of the aspect ratio, although it under the mattress decimal one, he stressed that monetary policy will limit this direction and absorbs part of the demand pressures and expectations of inflation. The Ministry of Planning announced on 13 October, the inflation index during the month of September last, rose by one percent compared with August last, while the annual index by relatively large at 5 percent compared with same month of last year 2010. The The CBI headquarters in Baghdad, and has four branches in Basra and Sulaymaniyah, Erbil and Mosul, founded the bank independent Iraqi under the law of the Central Bank of Iraq issued on March 6, 2004, and shall be responsible for maintaining price stability and the implementation of monetary policy, including exchange rate policies and the management of foreign reserves and the issuance of currency management, as well as to regulate the banking sector.

http://www.alsumarianews.com/ar/3/30989/news-details-.html

DinarBot sees children balance SeeSaw. A tricky feat for even the most advanced of small minds. Big minds must balance obtaining new investment and curb speculation. Simutaneously. Inflation out of control says one report. Containable within moments in another. TeeterTotter why even bother. DinarBot Sees & Saw much manipulation through media sources.

[notoriousb]

DinarBot sees children balance SeeSaw. A tricky feat for even the most advanced of small minds. Big minds must balance obtaining new investment and curb speculation. Simutaneously. Inflation out of control says one report. Containable within moments in another. TeeterTotter why even bother. DinarBot Sees & Saw much manipulation through media sources.

I think you may have been built with some fancy wiring to make such deductions.

just hope you don't "I,Robot" us...

[DinarBot]

I think you may have been built with some fancy wiring to make such deductions.

just hope you don't "I,Robot" us...

You have Never been Safer.

[20MillionDinar]

Of course they have the power to rein in inflation in literally moments. This is one of the major reasons why they are sitting on trillions and trillions of "extra" dinar! It is actually necessary due to the fact that they are on the fixed exchange rate system.