TNT:
[xyz] IMF to give BRICS emerging economies more voting power?
Quote: An unexpected change in Moscow’s position was just after a meeting between Putin and IMF Chief Christine Lagarde on Sunday.
This gives a hint that the IMF reform that BRICS has long awaited could have been kicked-off.
BRICS has urged reforms to give emerging economies more influence in decision-making.
At present, the votes are distributed in accordance with the quotas in the capital fund. The US has the biggest share - 16.74 percent; it’s followed by its allies Japan (6.23 percent), Germany (5.81 percent), France and the United Kingdom (4.29 percent each). The five BRICS countries only have only 11.03 percent with Russia having 2.39 percent. LINK
....
[xyz] IMF to give BRICS emerging economies more voting power?
Quote: An unexpected change in Moscow’s position was just after a meeting between Putin and IMF Chief Christine Lagarde on Sunday.
This gives a hint that the IMF reform that BRICS has long awaited could have been kicked-off.
BRICS has urged reforms to give emerging economies more influence in decision-making.
At present, the votes are distributed in accordance with the quotas in the capital fund. The US has the biggest share - 16.74 percent; it’s followed by its allies Japan (6.23 percent), Germany (5.81 percent), France and the United Kingdom (4.29 percent each). The five BRICS countries only have only 11.03 percent with Russia having 2.39 percent. LINK
....
Dinar Updates:
Millionday (Reposted) THIS IS WHAT CBI SAYS ABOUT THE 50,000 DINAR: Quote: "The Central Bank of Iraq, Sunday, that the issuance of 50 thousand dinars category paves the way for the deletion of zeros from the currency, and among it will reduce the demand for the dollar, he pointed out that there is no link to the financial crisis with the new version."
IT IS PAVING THE WAY TO PULL THE THREE ZERO CURRENCY AND IS PART OF THE NEW VERSION. THIS WAS PART OF THE PLAN FOR YEARS.
THE NEW DINAR SERIES WILL REDUCE THE DEMAND FOR THE US DOLLAR. IT COULD TAKE A YEAR FOR IRAQ TO HAVE ALL THE THREE ZERO CURRENCY RETURNED TO THEM.
THIS IS PART OF THE MONETARY STRUCTURE AND DEVELOPMENT. THEY ARE INCLUSIVE OF THE SMALL DENOMS AND COINS ACCORDING TO WHAT I HAVE READ...
THE PRICES OF PRODUCTS IS WHAT RAISES THE DEMAND FOR WHAT DENOM --- IT IS NOT A PROBLEM THAT THEY ARE RELEASING THE 50,000 -- IT IS PART OF THE ENTIRE PLAN --- MEANING THIS IS GOOD NEWS.
THE BUYING POWER AND HEIGHTENED VALUE OF THE DINAR WILL BE A RESULT OF TRADE ETC BUT ALSO FROM THE GLOBAL PRICING INDEX BEING CALCULATED
THE DEMAND FOR THE DENOMINATION COMES FROM THE PRICES AND A MARKET ECONOMY --- GLOBALLY --- REQUIRES FAIR TRADE ACCORDING TO THE INTERNATIONAL EQUATION THAT DETERMINES THE FLUXUATION ON THE FOREX MARKET FOR ALL CURRENCIES.
THE DINAR WOULD NEED TO BE CALCULATED TO ITS TRUE VALUE FOR THEM TO GO TO A MARKET ECONOMY. WE WILL HAVE TO WAIT AND SEE WHAT THE PLANNED RATE IS OF CBI.
************
wmawhite Question: since 2004, how many times has the CBI changed the value of the IQD? Answer: seven (7).
Now...most recently, we were told by a researcher that the CBI will NOT move the value of the IQD before floating it. It will just start floating.
The problem is, the IQD is not floating today and the CBI has moved the value seven (7) times already.
It is obvious to the uneducated as I am, that the CBI will move the value of the IQD, IF it believes it reflects the true value of the IQD prior to any float.
*************************************
KTFA:
Walkingstick: Parliamentary Finance reveal L / scales News / withdrawal of class 25 000 for the issuance of the new category
Economy and Tenders Since 11.17.2015 at 11:59 (GMT Baghdad)
Millionday (Reposted) THIS IS WHAT CBI SAYS ABOUT THE 50,000 DINAR: Quote: "The Central Bank of Iraq, Sunday, that the issuance of 50 thousand dinars category paves the way for the deletion of zeros from the currency, and among it will reduce the demand for the dollar, he pointed out that there is no link to the financial crisis with the new version."
IT IS PAVING THE WAY TO PULL THE THREE ZERO CURRENCY AND IS PART OF THE NEW VERSION. THIS WAS PART OF THE PLAN FOR YEARS.
THE NEW DINAR SERIES WILL REDUCE THE DEMAND FOR THE US DOLLAR. IT COULD TAKE A YEAR FOR IRAQ TO HAVE ALL THE THREE ZERO CURRENCY RETURNED TO THEM.
THIS IS PART OF THE MONETARY STRUCTURE AND DEVELOPMENT. THEY ARE INCLUSIVE OF THE SMALL DENOMS AND COINS ACCORDING TO WHAT I HAVE READ...
THE PRICES OF PRODUCTS IS WHAT RAISES THE DEMAND FOR WHAT DENOM --- IT IS NOT A PROBLEM THAT THEY ARE RELEASING THE 50,000 -- IT IS PART OF THE ENTIRE PLAN --- MEANING THIS IS GOOD NEWS.
THE BUYING POWER AND HEIGHTENED VALUE OF THE DINAR WILL BE A RESULT OF TRADE ETC BUT ALSO FROM THE GLOBAL PRICING INDEX BEING CALCULATED
THE DEMAND FOR THE DENOMINATION COMES FROM THE PRICES AND A MARKET ECONOMY --- GLOBALLY --- REQUIRES FAIR TRADE ACCORDING TO THE INTERNATIONAL EQUATION THAT DETERMINES THE FLUXUATION ON THE FOREX MARKET FOR ALL CURRENCIES.
THE DINAR WOULD NEED TO BE CALCULATED TO ITS TRUE VALUE FOR THEM TO GO TO A MARKET ECONOMY. WE WILL HAVE TO WAIT AND SEE WHAT THE PLANNED RATE IS OF CBI.
************
wmawhite Question: since 2004, how many times has the CBI changed the value of the IQD? Answer: seven (7).
Now...most recently, we were told by a researcher that the CBI will NOT move the value of the IQD before floating it. It will just start floating.
The problem is, the IQD is not floating today and the CBI has moved the value seven (7) times already.
It is obvious to the uneducated as I am, that the CBI will move the value of the IQD, IF it believes it reflects the true value of the IQD prior to any float.
*************************************
KTFA:
Walkingstick: Parliamentary Finance reveal L / scales News / withdrawal of class 25 000 for the issuance of the new category
Economy and Tenders Since 11.17.2015 at 11:59 (GMT Baghdad)
Detection of the Finance Committee member Abdul Qader Mohammed, Tuesday, for the withdrawal of 25 thousand dinars compared to the category of the new category issued by the Central Bank, as he emphasized that the issuance of the fifty thousand category will make it easier to deal in Iraqi dinars at home to reduce the trend towards the dollar.
Said Mohammed's / scales News / "The Pentecostal Category issued by the Central Bank does not have any negative impact on fiscal policy in Iraq," stressing that "the deal of the Iraqi currency will be closer to deal private dollars for businesses which use large amounts of money where more deal in Iraqi dinars existence of 50 thousand class ".
"The issuance of this category will make it easier to deal in Iraqi dinars at home to be a turnout it be bigger than the dollar, which have an impact on reducing the trend towards the latter," revealing that "any new class is issued by the central bank will in return withdraw category 25 000 or 10 000 ".
The central bank announced in November 201 511 for issuing banknotes category 50 000 dinars dimensions of 65 mm width, 156 mm length and predominantly light brown except Framework decorations that took bold color were printed using high-quality printing paper quality with a a number of security and technical marks Viha.anthy 29/4 e
http://ift.tt/1j5cbcf ... 8%AF%D8%A9
Walkingstick: Finance Committee: the central bank to issue any financial category offset by the withdrawal of classes 10 and 25 000 dinars
Detection of the Finance Committee member Abdul Qader Mohammed, Tuesday, for the withdrawal of 25 thousand dinars compared to the category of the new category issued by the Central Bank, as he emphasized that the issuance of the fifty thousand category will make it easier to deal in Iraqi dinars at home to reduce the trend towards the dollar.
Mohammed said: Pentecostal group that issued by the Central Bank does not have any negative impact on fiscal policy in Iraq.
He stressed that the Iraqi currency dealing will be closer to deal private dollars for businesses which use large amounts of money where it is most dealing in Iraqi dinars existence of 50 thousand class.
He added that the issuance of this category will make it easier to deal in Iraqi dinars to be at home in the biggest turnout of the dollar, which have an impact on reducing the trend towards last
He disclosed that a new class is issued by the central bank in return will withdraw the class 25 000 or 10 000.
Little, the central bank announced in November 201 511 for issuing banknotes category 50 000 dinars dimensions of 65 mm width, 156 mm length and predominantly light brown except Framework decorations that took bold color were printed using the superior quality of the printing paper with A number of security and the technical marks.
http://ift.tt/1j5cd3N ... %A7%D9%8A/
**********
Walkingstick : Parliamentary Finance: We maintain the dollar exchange rate and the content of the dinar reserves when the print category 50 000 dinars
History of edits:: 2015/11/17 10:36 •[Baghdad - where]
the parliamentary finance committee, we said to maintain the dollar exchange rate and the content of the dinar reserves when printed 50 000 dinars category.
A statement by the mass citizen parliamentary received by all of Iraq [where] a copy of "the Finance Committee, headed by Faleh force met with the Governor of the Central Bank on the Keywords and advanced cadres in the Central Bank to discuss the subject of printing the class of 50 000 dinars] and what its impact on the economic reality of the country and the mechanisms put forward including promote financial reality in Iraq.
The head of the Finance Committee Faleh force that during the meeting with the governor has discuss the mechanics of printing the class of 50 000 dinars] and its technology and the cost of printing also touched on the subject of the dollar exchange rate and maintain the reserves of the Iraqi dinar content and acceptability by the international institutions.
He said that we are in force and through our discussions with the Governor of the Central Bank has the follow-up the subject of legal proceedings against the private banks in violation of the law of the central bank .anthy
http://ift.tt/1j5cd3P ... ryid=21378
Detection of the Finance Committee member Abdul Qader Mohammed, Tuesday, for the withdrawal of 25 thousand dinars compared to the category of the new category issued by the Central Bank, as he emphasized that the issuance of the fifty thousand category will make it easier to deal in Iraqi dinars at home to reduce the trend towards the dollar.
Mohammed said: Pentecostal group that issued by the Central Bank does not have any negative impact on fiscal policy in Iraq.
He stressed that the Iraqi currency dealing will be closer to deal private dollars for businesses which use large amounts of money where it is most dealing in Iraqi dinars existence of 50 thousand class.
He added that the issuance of this category will make it easier to deal in Iraqi dinars to be at home in the biggest turnout of the dollar, which have an impact on reducing the trend towards last
He disclosed that a new class is issued by the central bank in return will withdraw the class 25 000 or 10 000.
Little, the central bank announced in November 201 511 for issuing banknotes category 50 000 dinars dimensions of 65 mm width, 156 mm length and predominantly light brown except Framework decorations that took bold color were printed using the superior quality of the printing paper with A number of security and the technical marks.
http://ift.tt/1j5cd3N ... %A7%D9%8A/
**********
Walkingstick : Parliamentary Finance: We maintain the dollar exchange rate and the content of the dinar reserves when the print category 50 000 dinars
History of edits:: 2015/11/17 10:36 •[Baghdad - where]
the parliamentary finance committee, we said to maintain the dollar exchange rate and the content of the dinar reserves when printed 50 000 dinars category.
A statement by the mass citizen parliamentary received by all of Iraq [where] a copy of "the Finance Committee, headed by Faleh force met with the Governor of the Central Bank on the Keywords and advanced cadres in the Central Bank to discuss the subject of printing the class of 50 000 dinars] and what its impact on the economic reality of the country and the mechanisms put forward including promote financial reality in Iraq.
The head of the Finance Committee Faleh force that during the meeting with the governor has discuss the mechanics of printing the class of 50 000 dinars] and its technology and the cost of printing also touched on the subject of the dollar exchange rate and maintain the reserves of the Iraqi dinar content and acceptability by the international institutions.
He said that we are in force and through our discussions with the Governor of the Central Bank has the follow-up the subject of legal proceedings against the private banks in violation of the law of the central bank .anthy
http://ift.tt/1j5cd3P ... ryid=21378
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