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Saturday, June 20, 2015

BLC Admin Tlm724 News & Comments

Morning News Comments 06/20/2015

Put a picture "Kut Barrage" new financial currency

[tlm724] The President of the Council of Wasit province Mazen Zamili, Friday, for the approval of the Central Bank of Iraq and taking into consideration the development of image Kut Barrage in the new financial currency.

[tlm724] that "the Governor of the Central Bank has agreed to our request submitted taking Kut Barrage need to give great importance to being a landmark and a national treasure to be its image in one of the new currency."

[tlm724] you know what that shows us ?

[tlm724] shows us that the new 50 and 100 k notes haven't been printed yet, remember the art that said they may come out next month ? I don't think if they are still working on the design that they would be ready that soon, just sayin...

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Urgent .. Keywords: there is a unified position with the Union of banks to maintain the dollar exchange rate

[tlm724] do you think the Union of banks is going to play nice now that there is a threat to remove the dollar sales from the private banks ?

[tlm724] I think so  Wink

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Urgent ..rias Bankers Association: consumer goods will fall in the coming days as a result of deletion of 8% added cash remittances

[tlm724] consumer goods will fall in the coming days as a result of deletion of 8% added cash remittances

[tlm724] that has been confirmed let me grab the press release from the CBI

CBI announcement 06/20/2015 ( statement ) decided to suspend the deduction of tax and customs trusts by banks on outstanding amounts of dollar remittances that are made ​​by the central bank and as of 2015 / 6 / 18 and holds the customs authorities and tax fees are met in accordance with law. 20.06.2015

http://ift.tt/1ei96fB

[tlm724] they have suspended the tax on the sale of the dollar

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{Seven} Facts have prevented the weakening of the Iraqi dinar

[tlm724] lets see if we can figure them out

 

[tlm724] "the Iraqi Central Bank" administration announced attempts to weaken the dinar failure thanks to the "Seven Facts"

1. the "protection of the cover of" local currency, in forefront "of foreign currency reserves which is twice the size of the Iraqi dinar in the market which provides cover to respond to any request,

2. "a progressive increase in oil production and prices, "pointing at the same time to" low consumer government spending dramatically.

3. "Access inflation to less than 2 percent"

4. pointing at the same time to" low consumer government spending dramatically.

5. "almost daily coordination between monetary and fiscal policy" that occurs "for the first time

6. "the indicators and the facts confirm the defeat of terrorism in the near future

7. "the existence of direct support from the International Monetary Fund and the World Bank and the Islamic Development Bank to overcome the oil price shock

[tlm724] the gov of the CBI was quoted as saying this is a "fortified shield" for the local currency.

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Urgent ..alaq announce the approval of the issuance of bonds worth five billion dollars sold to the public

[tlm724] that the crisis cell has agreed to issue bonds worth five billion dinars sold to the public

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Urgent Governor of the Central Bank: 50 thousand dinars category in press and will go end of this year

[tlm724] that the 50 thousand dinars category in press, and will go to the end of the year

[tlm724] that sounds more like it, there was no way they were gonna be ready in July and confirms it will be a 50,000 dinar note

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Chairman of the Association of Banks announced lower prices of consumer goods and the lack of inflation to other countries Index

[tlm724] "some of the statements and opinions presented by politicians to create a state of panic and fear, and reflected negatively on economic transactions with the state and foreign banks,

[tlm724] ya think ! they need a gag order !

[tlm724] pointing to "Establishment of National Finance Fund, which gives a real opportunity for banks to pump up their money

[tlm724] will be announced next Tuesday for the opening of the National Finance Fund officially !

[tlm724] "a group of companies engaged in this fund

[tlm724] now that is talking liquidity if I ever saw it !

[tlm724] can't wait to see who invested !

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Rafidain Bank announced its adoption MasterCard card {} for the disbursement of pensions outside the country

[tlm724] Rafidain Bank announced on Saturday its adoption card "MasterCard" in the pay of pensioners outside Iraq

[tlm724] this move would keep pace with technological development talk

[tlm724] the cardholder can withdraw his money from his own account in any province or state in which the online without the need to carry amount

[tlm724] can withdraw his money from his own account in any province

[tlm724] so if all branches then within Iraq it means that the cardholders in the pilot program don't have to carry cash, thats a big step !

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Grade sovereign rating of Iraq announce next month

[tlm724] Saleh: The financial credit rating government delegation which held talks about it in Turkey last week will announce its nature month

[cstacy] yes i like that

[tlm724] will announce its results in next July

[tlm724] Saleh and predicted that "Iraq gets a good rating for financial credit given the economic possibilities enjoyed by the country, "he said, adding, that" halving the financial credit is a country's ability to pay its debts without lag or slowdown

[tlm724] cstacy indeed ! 

[tlm724] , that" the government delegation assured the bargaining for the safety of the Iraqi economy,

[tlm724] effort to get more financial support and access to international capital markets and the issuance of sovereign bonds on behalf of the Iraqi government.

[tlm724] this is great news for Iraq and for us, them having a good credit rating will bring in more investors and issuing the bonds will make them some dough! It will mean they are ready to play with the big boys ! come on July !

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