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Sunday, June 21, 2015

Sczin11 /OOTW & Member Chat Discussion 6-21-15

Post From Wealthwatch.world Chat

DT N AZ: Looking in new posts this morning it appears Allawi is a little pissed, lol

sczin11: LOOKS LIKE THE SHIA CIVIL WAR MAY BE A HAPPENING...

DT N AZ: WHAT??

sczin11: I FOUND ANOTHER RELEASE I AM TRYING TO VERIFY BEFORE BRINGING IN...

GJMAN: ‹@sczin11› so a civil war within the Shia's? I hope the hardliners loose

OOTW: HIYA EVERYONE   I'M DIGGING THROUGH THE NEWS

DT N AZ: A civil war is not good at all in any country, especially in Iraq right now

sczin11: ‹@DT N AZ› I WAS JK, NOT A REAL CIVIL WAR, WITH GUNS AND LOSS OF LIVES, INTERNAL CONFLUCT IS ALL
~~~
DT N AZ: oh ok wow, don't scare me like that

OOTW: OKAY NOTHING OFFICIAL OUT YET ON THIS

OOTW: BUT I FOUND THIS

OOTW: wealthwatch.world/showthr...
http://ift.tt/1BvAM2h

OOTW: Governor of the Central Bank proposes to abolish the bank auction to sell the dollar and suspended customs duties

OOTW: History of edits:: 21.6.2015 17:23 • 62 visits readable [Image: story_img_5586bdbc6f930.jpg] Governor of the Central Bank of Iraq and the Agency on the Keywords proposed eliminating private bank auction sale of foreign currencies including the US dollar to save the exchange rate against the Iraqi dinar.

According to a parliamentary source familiar, he told all of Iraq [where], that "Keywords explained through hosted today in the parliamentary finance committee, that he has solutions studied with specialists in order to ward off any risk and prevent the increase of the dollar exchange rate, which the central bank output from the sale of the dollar,

and edit price without any limitation and sell it to anyone who wants to buy it, because there is a reserve in the bank responds to any request with the restriction of sales instructions and controls but this is what the Bank can not be done. "

OOTW: "As Keywords suggested stop customs duties, as the majority of cases of corruption in border crossing points, and corruption among officials at border crossing points. "

the source quoted Keywords emphasis on "the need to activate controls on money laundering operations because there is an economic crime committed and should be monitored."

OOTW: He attributed the Governor of the Central Bank crisis high dollar exchange rates, "the existence of banks to buy bills forged for the withdrawal of currency ", pointing out that" Jordan and Dubai adopted to control about Iraqi remittances as Dubai refused entry to the next remittances from Iraq that b [dollar] and proceeded to turn it into the UAE dirham to allow entry, "referring to the" lack of cooperation by Turkey in this aspect. "

He said Keywords that "the five banks by indicators such transfers, and up profit per day to around 22 million dollars." The governor of the Iraqi Central Bank and the Agency on the Keywords commented yesterday on the financial budget for the 2015 law on determining auction sales Bank for $ 75 million.

"We We sell in the daily bank auction amount of dollar exceed the amount of the $ 75 million set in the budget law because we have an objection to Thdbd amount of sales cash Valssayash essence is the use of these goals, and if they restricted in advance they are robbed of the flexibility of the bank, "adding that" there are no our intention to change the exchange rate in the auction, ".

OOTW: MY FIRST THOUGHT IT THAT THE LAST PARAGRAPH IS KEYWORDS DEFENDING WHAT HE'S BEEN DOING, OBVIOUSLY

OOTW: I'LL BE BACK I HAVE TO LOOK FOR SOMETHING

OOTW: BRB

OOTW: IF YOU OPEN THE LINK ABOVE YOU CAN SEE THE PHOTO SUPPOSEDLY FROM THIS MEETING

lynnb: OOTW, this ? Image: story_img_5586bdbc6f930.jpg

OOTW: wealthwatch.world/showthr...
http://ift.tt/1BvAM2h

OOTW: THAT THREAD HON

OOTW: OKAY HERE'S THE NEXT ARTICLE

OOTW: Chalabi: we proposed to the Central Bank controls to combat money laundering and accounting offenses

lynnb: Ok thanks!!

OOTW: SURE HON

OOTW: head of the parliamentary finance committee, Ahmed Chalabi announced a proposal for a committee of the Central Bank of Iraq put controls in the fight against money laundering and to hold the perpetrators to reduce the high US dollar exchange rates.

Chalabi said at a news conference at the parliament building with a number of members of the committee and in the presence of the governor of the bank and the agency on the Keywords attended by the correspondent Agency all of Iraq that "the Finance Committee today held Astnthaiah session in the legislative recess of the parliament to discuss the reasons for the high dollar and the amount of supply in the bank auction and was attended by Governor of the Bank and head of private banks Authority and director of the fight against organized crime. "

OOTW: He added "We looked at the causes of fluctuation of the dollar prices in the previous period both parties and made proposals and all agreed to change the contexts of existing and developing new ones to defend the value of the Iraqi dinar."

He pointed Chalabi to that the Finance Committee " It applauded the liberalization of the currency with controls to combat laundering financial aid also submitted proposals that the central bank takes measures with Banks worked with him the need for people accountable or those who possess them evidence of organized crime, according to the powers of the governor and the bank. "

 For his part, Governor of the Central Bank on the Keywords that "frequent meetings with Finance Committee indicates the interest the two sides to save the value of the dinar and address the causes of the fluctuation of the dollar and we met today was about monetary policy and find proposals that meet the economic reality and the independence of the bank's requirements with a discussion of Iraq pledges Foreign and not put restriction on the dollar exchange rate being we do not allow the Iraqi currency be a cover for guerrilla " .

OOTW: The source of parliamentary revealed to the Keywords suggested hosted by Finance Committee of the parliamentary session today, "the abolition of the private bank's auction sale of foreign currencies including the US dollar to save the exchange rate against the Iraqi dinar and prevent the increase of the dollar exchange rate, and the liberalization of price without any limitation and sold each Who wants to buy it, because there is a reserve in the bank responds to any request with the restriction of sales instructions and controls but this is what the Bank can not be done.

" The source added, "as Keywords suggested suspended customs duties, as the majority of cases of corruption at border crossing points, and corruption among officials in border crossing points ".

lynnb: I have a ? Does this mean that the Dinar will come back to the 1166? Or is this a bigger statement? Thanks in advance

lynnb: Or is my question completely off base of what all this says, lol

Doug_W: never know if U don't ASK nnb

OOTW: I NEED A FEW MINUTES TO LOOK AT OTHER ARTICLES    I'LL BE BACK

TxBrand: ‹@lynnb› sounds like to me they are just worried about keeping it at 1166

OOTW: THERES CONTRADICTORY INFO HERE AND I'M A NEWBIE TO EARLY MORNINGS - BEING MY HUBBY HAD A SCHEDULE CHANGE FROM THIRD SHIFT LOL

lynnb: thanks OOTW, you went viral yesterday

OOTW: LOL - I'M READING OTHER ARTICLES

OOTW: STRANGE DYNAMIC GOING ON

DOUBLE B: The dinar has witnessed remarkable decline against the US dollar, last week, arrived in 140 dinars to the dollar, which face Alandhar towards the central bank and its role in maintaining the currency exchange rate, as the face of parliamentarians call to the bank to release the reasons for the decline quickly and seek in Alazmh.anthy / 6 solution

TxBrand: 140 ?

DOUBLE B: Nashi calls for the central bank to deal with transparency and disclosure of the Iraqi currency http://ift.tt/1BvAJnh...

TxBrand: He added "We looked at the causes of fluctuation of the dollar prices in the previous period

lynnb: TxBrand, wonder if thats the .86 rate I have seen?

TxBrand: guerrilla = A member of an irregular armed force that fights a stronger force by sabotage and harassment

TxBrand: ‹@lynnb› were have you seen that ?

TxBrand: you have not seen .86 on the CBI website have you ?

lynnb: There was some speculation and breakdown in a chat room, a skype room

lynnb: no, was just people trying to figure it out

lynnb: that 140 has been in other articles, so some were speculating

TxBrand: I would think that is a prediction from someone for a future rate.. they are just guessing IMO

lynnb: yes thats right

TxBrand: oh ok

lynnb: sory TxBrand, I probably should have worded that diffrent

TxBrand: np... we are here to learn ...

lynnb: exactly

TxBrand: me for sure

lynnb: and what I love about this room is people actually answer me, lol

DOUBLE B: Central Bank sales decline in the currency auction today. http://ift.tt/1BvAJnh...

TxBrand: that's the first time I have seen 140... I don't get out much  :cheerful:

DOUBLE B: He said the bank in a statement reported for "Eye Iraq News", "The sale amounts transferred to the accounts of banks price abroad amounted to (1187) dinars per dollar, including the commission of the Central Bank of $ (21) dinars per dollar, while the total cash sales price (1190) dinars per dollar, including the Bank commission of $ (24) dinars per dollar. "

lynnb: I have seen 140 over the past month here and there in different articles

OOTW: I'M STILL DIGGING

TxBrand: more riddles for us :::: Urgent CBI Governor assures agreeing with Banks Union on unified exchange rates Published: 2015/6/20 13:40 • 338 Reads CBI Governor assures agreeing with Banks Union on unified exchange rates Baghdad (AIN) –The Governor of Central Bank of Iraq, Ali al-Allaq, assured that the Central Bank of Iraq agreed with the anks Union on unified USD-IQD exchange rates. /End/ http://ift.tt/1RmeaU6...

OOTW: I WILL BE BACK

TxBrand: what is unified exchange rate ?  :w00t:

TxBrand: unified = Formed or united into a whole

TxBrand: Operating as a unit

TxBrand: hubby says its just bringing them together... I was thinking making them the same  :sick: ..guess im wrong

Doug_W: ‹@TxBrand› that's ONE

Doug_W: lol

TxBrand: one what ?

Doug_W: one mistake

Doug_W: ur allowed 3 a day

TxBrand: oh  :whistling:

Doug_W: ha ha ??

TxBrand: ok but if the CBI assures something ...doesn't that mean they are going to do something to the rate ?

TxBrand: and they were upset because it went down... lol                                                            

TxBrand: unified is pass tense though

TxBrand: Urgent No concerns over exchange rates, says Allaq Published: 2015/6/20 14:23 • 225 Reads No concerns over exchange rates, says Allaq Baghdad (AIN) –The Governor of Central Bank of Iraq, Ali al-Allaq, said "We do not have concerns over the USD-IQD exchange rates." /End/ http://ift.tt/1RmeaU6...

DT N AZ: ‹@TxBrand› I doubt seriously they are going to do something we are looking for on the rate right now

DT N AZ: sorry messed that up

DT N AZ: seriously doubt...

DT N AZ: oh I didn't screw it up, I am not awake yet, drinking my coffee now

DT N AZ: I'm a mess

jaxjags: hello,...........is there any information about the possibility of a call today?

Abraham: As long as Maliki is part of the government we will not see a rate change. And if they don't remove him soon and they are forced into continued borrowing they place a noose around their neck that the no longer control their own monetary policy.

jaxjags: I guess with everybody answering all at the same time it must mean "no"?

MichelleL: jaxjags apparently not many in here "live" right now - don't let it put you off

MichelleL: we all go back and forth, but i would assume its doubtful there's a call today

Abraham: You can't befriend an enemy. Even Jesus could not. For that reason he was kicked out of Heaven.

jaxjags: ‹@Abraham› The revaluation/repricing of the IQD is not about the Prime Minister nor the former Prime Minister. Instead, it is about the introduction of Iraq's currency to the world currency markets and how it will be support and used. It is not about the current governor of the CBI either. In fact, the governor works for and reports to the board of Directors of the CBI and they represent the owners of the central bank.

Abraham: The final decision is made by the Prime Minister

jaxjags: ‹@Abraham› No, it is not.

Abraham: You are entitled to your opinion. But no PM would take on the responsibility for a Country without full authority over the finances of County. Does your neigh out make the final financial decisions pertaining to your home?  :smile:

disciple7: ‹@jaxjags› Iraq is battling a multitude of corruption right now.. most of it comes straight from Maliki and his personal network of filth.. as long as Maliki is in office they will continue to struggle..

Abraham: ‹@disciple7› Amen. Thank you!

disciple7: No one can say Maliki isn't a problem ans isn't slowing this process down.. if u think he isn't a problem take off your deeeenar glasses and take a better look.. he stll lives in the presidential palace.. u don't see that as concerning??

Abraham: It was Maliki who put the present CBI Governor in place just prior to the change of government

OOTW: SO WARADANA.COM IS REPORTING THE STREET RATE AT 1156 TO ONE USD

disciple7: ‹@Abraham› exactly and its Maliki who is trying to overthrow the NEW government

Abraham: ‹@disciple7› yes!

OOTW: THE CBI IS REPORTING THE SELL RATE AT 1250.

OOTW: YOU'D THINK THAT THE CBI WOULD NOT WANT PEOPLE GOING TO THE STREET TO BUY DINARS...THE CBI IS TRYING TO COMBAT CORRUPTION, ONE ASPECT ON THE STREET

OOTW: MY PC IS VERY SLOW RIGHT NOW I HAVE ABOUT TWENTY PAGES OPEN

OOTW: SO PLEASE EXCUSE ME

OOTW: SO THE ABOVE ARTICLE WHICH I PULLED IN WAY ABOVE ABOUT THE FINANCE COMMITTEE MEETING WITH KEYWORDS IS A "SOURCE" ARTICLE

OOTW: AND FOR NOW ALL I CAN GET AHOLD OF ARE "SOURCE" ARTICLES

OOTW: THIS ISN'T CLARIFICATION TO MY MIND

OOTW: THERE'S NOTHING AT THE PARLIAMENT SITE ON THIS

OOTW: NOR THE CABINET

OOTW: I CAN PULL IN SOME ARTICLES, BUT I DOUBT THEY'RE GOING TO GIVE US A DEFINITIVE ANSWER

Abraham: ‹@OOTW› they may still be meeting

OOTW: YES IT'S ABOUT WHAT 8:30PM?

OOTW: THANKS ABRAHAM

OOTW: EVERYONE I'M GOING TO PUT TOGETHER A REPORT IN THE FORUMS AND THEN COME BACK IN

OOTW: THE INFORMATION IS TOO SCATTERED AND UNABLE TO BE VERIFIED

OOTW: SO I'LL BE PUTTING A DISCLAIMER ALERT AT THE TOP OF THE POST - LOL BECAUSE I ALWAYS DO MY BEST TO BACK THIS UP WITH GOVT PRESS RELEASES

OOTW: THERE'S SOOOOO MUCH GOING ON WITH THIS

OOTW: I'M SORRY TO DISAPPOINT YOU NOW, BUT I'D RATHER JUST PIECE TOGETHER WHAT I CAN FIND - AND THEN SEE WHAT THE GOVT SAYS LATER TO COMPARE

Abraham: ‹@OOTW› appreciate all you do  :smile:

OOTW: THANKS ABRAHAM

OOTW: I'LL COME BACK IN WHEN I'M FINISHED

OOTW: HUGS

disciple7: ‹@OOTW› agreed id rather have truth than a "possible scenario" thank you

OOTW: YEP DISCIPLE..AGREED


via Dinar Recaps - Our Blog http://ift.tt/1BvAJnj

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