LC Admin therealbubbie Chat CBI New Rate 12/02/2015 Today at 11:17 am
[therealbubbie] in case you missed it .... here you go boys and girls right from the cbi site ...
US dollar USD 1182.000 1180.000
Euro EUR 1252.920 1252.294
British pound GBP 1782.220 1781.328
Canadian dollar CAD 883.937 883.495
Swiss franc CHF 1148.911 1148.337
Swedish krona SEK 135.959 135.891
Norwegian krone NOK 136.164 136.096
Danish krone DKK 167.948 167.864
Japanese yen JPY 9.598 9.593
Special Drawing Rights SDR 1623.973 1623.161 Indicative rates - 02.12.2015
~~~
[therealbubbie] in case you missed it .... here you go boys and girls right from the cbi site ...
US dollar USD 1182.000 1180.000
Euro EUR 1252.920 1252.294
British pound GBP 1782.220 1781.328
Canadian dollar CAD 883.937 883.495
Swiss franc CHF 1148.911 1148.337
Swedish krona SEK 135.959 135.891
Norwegian krone NOK 136.164 136.096
Danish krone DKK 167.948 167.864
Japanese yen JPY 9.598 9.593
Special Drawing Rights SDR 1623.973 1623.161 Indicative rates - 02.12.2015
~~~
[therealbubbie] it moved 16 pips which is huge .. this may be the start of the unpegged from the dollar ..
new rate from the CBI !!
US dollar USD 1182.000 1180.000
Euro EUR 1252.920 1252.294
British pound GBP 1782.220 1781.328
Canadian dollar CAD 883.937 883.495
Swiss franc CHF 1148.911 1148.337
Swedish krona SEK 135.959 135.891
Norwegian krone NOK 136.164 136.096
Danish krone DKK 167.948 167.864
Japanese yen JPY 9.598 9.593
Special Drawing Rights SDR 1623.973 1623.161
http://ift.tt/1fjhbBN
[therealbubbie] at least it did move once we entered the month of December...so clearly something is going on..imo !! would like Dogz and Shredds take on it !
[therealbubbie] That's the first change since January 2012
[therealbubbie] and just remember this .... like i've said for along time ... they did this without the HCL or the Banking law ... still important .. but they can do rate changes anytime they want !!
Tlm724: Thank you bubbies !! Any movement is awesome! This just proves that the IMF has their hands deep in this as we discussed Wink .
This movement (loss in value) pushes the IQD closer to IMF compliance !! We are so fortunate to witness this movement as Iraq is actually making the necessary changes to their monetary and currency reforms !!! The fact that it moved 16 pips is indeed a huge change for all of us !! I am most excited !! It moved !!!!!
This also will make the citizens dump their dinars and thus creating less dinar on the streets and keeping speculators at bay, they won't like this and will act just like dumping bad stocks !!
This is actually a brilliant move Wink and comes on the heels of deleting the zero's IMO . I don't think 50 k note will come out !!! Can't wait to see what comes next !!! Again thanks Bubbies !
http://ift.tt/21wJKX9
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Experts: the issuance of 50 thousand dinars edition will cancel the deal at 250 and 500 dinars gradually
02/12/2015 BAGHDAD / JD / .. counting the number of experts and specialists in the financial and economic affairs decision of the Central Bank to issue a new edition the category of 50 000 dinars as a procedure Trqiei will affect the standard of living of citizens, stressing that issuance will cancel the deal for small groups as a class of 250 dinars and category 500 dinars and will become a category 1000 Smaller class dinars be dealt with gradually
The economist said just Almnlaoa, the central bank directed towards the issuance of large groups of 50 000 dinars efficient and category 100 000 dinars will be accompanied by other measures implemented gradually cancel a small groups
He Almnlaoa Agency / JD /: that the government is seeking to turn the financial crisis from the state to the citizen through the application of some measures pertaining to monetary policy in coordination with the Central Bank as well as fiscal policy, particularly with regard to the budget,
noting that the decision to issue 50 edition thousand dinars will be accompanied by decisions implemented indirectly cancel a deal for small groups as a class of 250 dinars and 500 dinars category and category will be 1000 dinars, equivalent to 250 dinars in the current currency
new rate from the CBI !!
US dollar USD 1182.000 1180.000
Euro EUR 1252.920 1252.294
British pound GBP 1782.220 1781.328
Canadian dollar CAD 883.937 883.495
Swiss franc CHF 1148.911 1148.337
Swedish krona SEK 135.959 135.891
Norwegian krone NOK 136.164 136.096
Danish krone DKK 167.948 167.864
Japanese yen JPY 9.598 9.593
Special Drawing Rights SDR 1623.973 1623.161
http://ift.tt/1fjhbBN
[therealbubbie] at least it did move once we entered the month of December...so clearly something is going on..imo !! would like Dogz and Shredds take on it !
[therealbubbie] That's the first change since January 2012
[therealbubbie] and just remember this .... like i've said for along time ... they did this without the HCL or the Banking law ... still important .. but they can do rate changes anytime they want !!
Tlm724: Thank you bubbies !! Any movement is awesome! This just proves that the IMF has their hands deep in this as we discussed Wink .
This movement (loss in value) pushes the IQD closer to IMF compliance !! We are so fortunate to witness this movement as Iraq is actually making the necessary changes to their monetary and currency reforms !!! The fact that it moved 16 pips is indeed a huge change for all of us !! I am most excited !! It moved !!!!!
This also will make the citizens dump their dinars and thus creating less dinar on the streets and keeping speculators at bay, they won't like this and will act just like dumping bad stocks !!
This is actually a brilliant move Wink and comes on the heels of deleting the zero's IMO . I don't think 50 k note will come out !!! Can't wait to see what comes next !!! Again thanks Bubbies !
http://ift.tt/21wJKX9
~~~~~~
Experts: the issuance of 50 thousand dinars edition will cancel the deal at 250 and 500 dinars gradually
02/12/2015 BAGHDAD / JD / .. counting the number of experts and specialists in the financial and economic affairs decision of the Central Bank to issue a new edition the category of 50 000 dinars as a procedure Trqiei will affect the standard of living of citizens, stressing that issuance will cancel the deal for small groups as a class of 250 dinars and category 500 dinars and will become a category 1000 Smaller class dinars be dealt with gradually
The economist said just Almnlaoa, the central bank directed towards the issuance of large groups of 50 000 dinars efficient and category 100 000 dinars will be accompanied by other measures implemented gradually cancel a small groups
He Almnlaoa Agency / JD /: that the government is seeking to turn the financial crisis from the state to the citizen through the application of some measures pertaining to monetary policy in coordination with the Central Bank as well as fiscal policy, particularly with regard to the budget,
noting that the decision to issue 50 edition thousand dinars will be accompanied by decisions implemented indirectly cancel a deal for small groups as a class of 250 dinars and 500 dinars category and category will be 1000 dinars, equivalent to 250 dinars in the current currency
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He added that this measure is Trqiei and will affect the standard of living of citizens and makes the society is divided into two layers rich and the other bankrupt, calling on the central bank to the need to implement the project to delete the three zeroes instead of resorting to the issuance of new editions may affect the trade balance in the market
|
For his part, expert in financial matters on behalf of al-Tamimi, said the issuance of 50 000 dinars a class should not have any positive impact on the economy and the national currency, wondering what is the purpose of the issuance of this category at a time when the country is suffering from a financial crisis
He said al-Tamimi told / JD /: There are reports that the cost of printing this new category is estimated at $ 68 per edition while 50 000 dinars, equivalent to about $ 48 which means that the print will cost the country a lot of money at a time when the country suffers from the financial crisis and the budget deficit Federal
]It was the first central bank to implement projects which they can support the national currency against hard foreign currencies and increase cash reserves instead of resorting to the implementation of the projects as a prosthesis issuing new editions of major categories
The central bank announced earlier in the issuance of a new edition the category of 50 000 dinars
He was a member of the Finance Committee MP Haitham al-Jubouri said earlier that the project of issuing 50 000 dinars category will be implemented during the next three years
It is said that a source in the central bank denied the cost of the new edition of 50 000 dinars category is estimated at $ 68 stressing that the cost per Edition estimated only six cents. / End / 8 /
http://ift.tt/1lxccHp
[tlm724] stressing that issuance will cancel the deal for small groups as a class of 250 dinars and category 500 dinars and will become a category 1000 Smaller class dinars be dealt with gradually.
[tlm724] the central bank directed towards the issuance of large groups of 50 000 dinars efficient and category 100 000 dinars will be accompanied by other measures implemented gradually cancel a small groups
[cstacy] hmmm
[tlm724] that the decision to issue 50 edition thousand dinars will be accompanied by decisions implemented indirectly cancel a deal for small groups as a class of 250 dinars and 500 dinars category and category will be 1000 dinars, equivalent to 250 dinars in the current currency
He said al-Tamimi told / JD /: There are reports that the cost of printing this new category is estimated at $ 68 per edition while 50 000 dinars, equivalent to about $ 48 which means that the print will cost the country a lot of money at a time when the country suffers from the financial crisis and the budget deficit Federal
]It was the first central bank to implement projects which they can support the national currency against hard foreign currencies and increase cash reserves instead of resorting to the implementation of the projects as a prosthesis issuing new editions of major categories
The central bank announced earlier in the issuance of a new edition the category of 50 000 dinars
He was a member of the Finance Committee MP Haitham al-Jubouri said earlier that the project of issuing 50 000 dinars category will be implemented during the next three years
It is said that a source in the central bank denied the cost of the new edition of 50 000 dinars category is estimated at $ 68 stressing that the cost per Edition estimated only six cents. / End / 8 /
http://ift.tt/1lxccHp
[tlm724] stressing that issuance will cancel the deal for small groups as a class of 250 dinars and category 500 dinars and will become a category 1000 Smaller class dinars be dealt with gradually.
[tlm724] the central bank directed towards the issuance of large groups of 50 000 dinars efficient and category 100 000 dinars will be accompanied by other measures implemented gradually cancel a small groups
[cstacy] hmmm
[tlm724] that the decision to issue 50 edition thousand dinars will be accompanied by decisions implemented indirectly cancel a deal for small groups as a class of 250 dinars and 500 dinars category and category will be 1000 dinars, equivalent to 250 dinars in the current currency
[tlm724] hmmm is right
[tlm724] this is coming from a number of experts and specialists in the financial and economic affairs
[tlm724] He added that this measure is Trqiei and will affect the standard of living of citizens and makes the society is divided into two layers rich and the other bankrupt, calling on the central bank to the need to implement the project to delete the three zeroes instead of resorting to the issuance of new editions may affect the trade balance in the market.
[tlm724] saying issuing these high categories will make people either rich and poor
[tlm724] I would agree
[tlm724] calling on the central bank to the need to implement the project to delete the three zeroes instead of resorting to the issuance of new editions may affect the trade balance in the market.
[tlm724] hear hear ! Heed the call CBI !
[tlm724] we still don't know an exact date when the 50k note will be issued either " He was a member of the Finance Committee MP Haitham al-Jubouri said earlier that the project of issuing 50 000 dinars category will be implemented during the next three years"
[tlm724] so we wait
[tlm724] For his part, expert in financial matters on behalf of al-Tamimi, said the issuance of 50 000 dinars a class should not have any positive impact on the economy and the national currency, wondering what is the purpose of the issuance of this category at a time when the country is suffering from a financial crisis.
[tlm724] wondering what is the purpose of the issuance of this category at a time when the country is suffering from a financial crisis
[tlm724] I have been wondering that myself, whatsup with that
[tlm724] It time to make the dinar king of the middle east, wouldn't you agree ?
http://ift.tt/1lxccHr
[tlm724] this is coming from a number of experts and specialists in the financial and economic affairs
[tlm724] He added that this measure is Trqiei and will affect the standard of living of citizens and makes the society is divided into two layers rich and the other bankrupt, calling on the central bank to the need to implement the project to delete the three zeroes instead of resorting to the issuance of new editions may affect the trade balance in the market.
[tlm724] saying issuing these high categories will make people either rich and poor
[tlm724] I would agree
[tlm724] calling on the central bank to the need to implement the project to delete the three zeroes instead of resorting to the issuance of new editions may affect the trade balance in the market.
[tlm724] hear hear ! Heed the call CBI !
[tlm724] we still don't know an exact date when the 50k note will be issued either " He was a member of the Finance Committee MP Haitham al-Jubouri said earlier that the project of issuing 50 000 dinars category will be implemented during the next three years"
[tlm724] so we wait
[tlm724] For his part, expert in financial matters on behalf of al-Tamimi, said the issuance of 50 000 dinars a class should not have any positive impact on the economy and the national currency, wondering what is the purpose of the issuance of this category at a time when the country is suffering from a financial crisis.
[tlm724] wondering what is the purpose of the issuance of this category at a time when the country is suffering from a financial crisis
[tlm724] I have been wondering that myself, whatsup with that
[tlm724] It time to make the dinar king of the middle east, wouldn't you agree ?
http://ift.tt/1lxccHr
via Dinar Recaps - Our Blog http://ift.tt/1lxccHt
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