Post From Dinar Updates 2-27-16
Chat Room Excerpts & Highlights
Dinar Updates Satuday Chat 2-27-16 Part 1 of 2
dennis2 says Said a source familiar with the Metzam state law, Vice President of the Republic article Nuri al-Maliki had fled to Touirij yesterday by the Sadrist demonstrations called by the cleric Muqtada al-Sadr.
The source said in an interview with the news agency Buratha be close to al-Maliki has advised him to leave Baghdad for fear the entry of demonstrators to the Green Zone and may have unhurt during the attack, especially after the scandals of financial and administrative corruption committed by the government during the years of the eight.
Referring to al-Maliki flew to Touirij his hometown two hours before the start of the demonstrations
~~~
Chat Room Excerpts & Highlights
Dinar Updates Satuday Chat 2-27-16 Part 1 of 2
dennis2 says Said a source familiar with the Metzam state law, Vice President of the Republic article Nuri al-Maliki had fled to Touirij yesterday by the Sadrist demonstrations called by the cleric Muqtada al-Sadr.
The source said in an interview with the news agency Buratha be close to al-Maliki has advised him to leave Baghdad for fear the entry of demonstrators to the Green Zone and may have unhurt during the attack, especially after the scandals of financial and administrative corruption committed by the government during the years of the eight.
Referring to al-Maliki flew to Touirij his hometown two hours before the start of the demonstrations
~~~
FatherofThunder says Maliki running is the best news of the day!
subgirl says to FatherofThunder yes it is and he knows his days are numbered!
larrykn says I see Kap says he thinks Iraq won't get off the peg and we will wait,, got news for him they can't afford to do that
clay says to larrykn kap changes his mind like the wind
larrykn says well if one doesn't understand what is going on I guess one would lol
Hutch says Relationship: launching the currency bonds during the March and are committed to restoring citizens seized funds 2016/06/27
The Governor of the Central Bank of Iraq, Ali al-allaq, on Saturday, the importance of auction sale of foreign currency to maintain the stability of the dinar exchange rate and "does not constitute a waste of public money or smuggling,"
while revealing the launch selling government bonds through next March, pledged to return the amounts deposited in the bank branches and rational beninoi and seized (daash) after the liberation.
Came through during the participation in the Symposium established relations Institute (strategic policy), today, at its headquarters, in central Baghdad, and attended (range).
He said the Governor of the Central Bank, the Central Bank's strategy for the years 2016-2020 will see a quantum leap, "Noting that" the proportion of Iraqis who use non-ambitious banking system with 10 percent.
Hutch says Relationship: launching the currency bonds during the March and are committed to restoring citizens seized funds 2016/06/27
The Governor of the Central Bank of Iraq, Ali al-allaq, on Saturday, the importance of auction sale of foreign currency to maintain the stability of the dinar exchange rate and "does not constitute a waste of public money or smuggling,"
while revealing the launch selling government bonds through next March, pledged to return the amounts deposited in the bank branches and rational beninoi and seized (daash) after the liberation.
Came through during the participation in the Symposium established relations Institute (strategic policy), today, at its headquarters, in central Baghdad, and attended (range).
He said the Governor of the Central Bank, the Central Bank's strategy for the years 2016-2020 will see a quantum leap, "Noting that" the proportion of Iraqis who use non-ambitious banking system with 10 percent.
Hutch says He acknowledged the relationship, "having too many problems with banks when retrieving loans of citizens", stating that "loans give real guarantees, when the beneficiary is in arrears or refuses payment and booking of premises we encounter the clans prevented intervention."
Central Bank Governor pledged that the Agency "restores all amounts deposited by Bank citizens bank branches and rational and seized terrorist organization daash in Ninawa Governorate, Mosul (405 km north of Baghdad), after it was liberated."
Recall that the Governor of the Central Bank, announced, (February 15, 2016) the Bank's intention to sell public bonds worth seven trillion dinars during the current year
Hutch says http://ift.tt/1TGHFEa;LINK
Hutch says to Elane I do. gimme a bit
Hutch says to Elane Central: launching the currency bonds by March 2016/06/27
Baghdad/Obelisk: Central Bank, revealed Saturday the launch of selling government bonds through next March, called for the integration of private banks to reduce their number to suit the actual need, emphasizing the importance of auction sale of foreign currency to maintain the stability of the dinar exchange rate.
And the word of the Governor of the Central Bank on the relationship in strategic policy Institute Symposium, in Baghdad, attended by local media and followed "the Obelisk",
He said the Governor of the Central Bank, the Central Bank's strategy for the years 2016-2020 will see a quantum leap, "Noting that" the proportion of Iraqis who use non-ambitious banking system with 10 percent.
He drew the relationship, "the launch of the first Government bonds trading by next March," returned to "auction selling foreign currency does not constitute a waste of public money or smuggling.
Hutch says to Elane And impossible relationship, "restrictions on the sale of foreign currency," adding that it "would raise the dollar exchange rate dinar".
He said, "the presence of more than 50 banks in Iraq a significant", calling for "the integration of private banks to shrink in proportion to the actual need.
And between banks, "which granted the leave established recently will not enter the currency selling window only after years of investigation and practice of business banking and real", pointing out that "the Central Bank is obliged to grant the disparate to open new banks which have long realized the conditions and guarantees required.
He acknowledged the relationship, "having too many problems with banks when retrieving loans of citizens", stating that "loans give real guarantees, when the beneficiary is in arrears or refuses payment and booking of premises we encounter the clans prevented intervention.
Hutch says to Elane():
He pledged that "all sums deposited by Bank citizens bank branches and rational and seized terrorist organization daash in Nineveh province after liberation."
Recall that the Governor of the Central Bank, announced on February 15, 2016, the current Bank's intention to sell public bonds worth seven trillion dinars during the current year
http://ift.tt/1TGHFEc
jarhead says( theres only one problem with that article
jarhead says there was nothing about exchange rate in it
boz says Abadi website sill down, 4 days now
boz says http://ift.tt/1Rbrry8
faith1 says GM All.... Hutch,, this is saying..."sale of foreign currency and bonds in march next (this year) = trade? and doesn't trade foreign require a reality rate iqd ? whoopow !! (v)
Hutch says to faith1 smile
faith1 says:) TY for the news,,, gread read !
faith1 says great
jarhead says i may be misinformed....wow
Hutch says to faith1 Brought by LOOP
Abadi runs the Ministry of Finance directly
Read More :http://ift.tt/1TGHEAl
http://ift.tt/1Rbrrya
Hutch says to faith1 BAGHDAD / obelisk: A member of the parliamentary finance committee Masood Haider, Saturday, Prime Minister Haider al-Abadi Finance Ministry department directly after an absence of its minister, Hoshyar Zebari, noting that the administration Alabara the ministry will continue for months.
Haider said in a statement, "Prime Minister Haider al-Abadi is currently the Minister of Finance Ministry and manages directly," noting that "This came after an absence of its minister, Hoshyar Zebari."
He added, that "Zebari currently illness," adding that "the Prime Minister of the Ministry administration began some weeks ago, and may last for months."
Read More :http://ift.tt/1TGHEAl
http://ift.tt/1Rbrrya
Hutch says MEANT FOR ALL THANKS LOOP!
Elane says Thats an awesome article... thanks so much!
Elane says Abadi is now in control as finance minister.....
Hutch says ITS IN THE NEWS FORUM
larrykn says I guess Abadi want to do something soon if he just became the finance minister
rcookie says I SEE HUTCH POSTED THE KEYWORDS BOND AUCTION REPORT...
Hutch says to rcookie What do you think about that?
subgirl says to Hutch http://ift.tt/1TGHEAn
http://ift.tt/1Rbrryc
rcookie says to Hutch THAT IS A BIG DEAL...
subgirl says to Hutch Central: launching the currency bonds by March
2016/06/27 Baghdad/Obelisk: Central Bank, revealed Saturday the launch of selling government bonds through next March, called for the integration of private banks to reduce their number to suit the actual need, emphasizing the importance of auction sale of foreign currency to maintain the stability of the dinar exchange rate.
rcookie says to Hutch CURRENCY INTERVENTION....
Hutch says to rcookie Thought so too, along with abadi taking MoF brought in by LOOP
subgirl says to Hutch He said the Governor of the Central Bank, the Central Bank's strategy for the years 2016-2020 will see a quantum leap, "Noting that" the proportion of Iraqis who use non-ambitious banking system with 10 percent.
He drew the relationship, "the launch of the first Government bonds trading by next March," returned to "auction selling foreign currency does not constitute a waste of public money or smuggling.
subgirl says to Hutch( And impossible relationship, "restrictions on the sale of foreign currency," adding that it "would raise the dollar exchange rate dinar".
He said, "the presence of more than 50 banks in Iraq a significant", calling for "the integration of private banks to shrink in proportion to the actual need.
And between banks, "which granted the leave established recently will not enter the currency selling window only after years of investigation and practice of business banking and real", pointing out that "the Central Bank is obliged to grant the disparate to open new banks which have long realized the conditions and guarantees required.
He acknowledged the relationship, "having too many problems with banks when retrieving loans of citizens", stating that "loans give real guarantees, when the beneficiary is in arrears or refuses payment and booking of premises we encounter the clans prevented intervention.
subgirl says to Hutch He pledged that "all sums deposited by Bank citizens bank branches and rational and seized terrorist organization daash in Nineveh province after liberation."
Recall that the Governor of the Central Bank, announced on February 15, 2016, the current Bank's intention to sell public bonds worth seven trillion dinars during the current year
rcookie says STERILIZED VS NON STERILIZED...
rcookie says Sterilized intervention
Sterilized intervention is a policy that attempts to influence the exchange rate without changing the monetary base. The procedure is a combination of two transactions.
First, the central bank conducts a nonsterilized intervention by buying (selling) foreign currency bonds using domestic currency that it issues. Then the central bank “sterilizes” the effects on the monetary base by selling (buying) a corresponding quantity of domestic-currency-denominated bonds to soak up the initial increase (decrease) of the domestic currency.
The net effect of the two operations is the same as a swap of domestic-currency bonds for foreign-currency bonds with no change in the money supply.[4] With sterilization, any purchase of foreign exchange is accompanied by an equal-valued sale of domestic bonds, and vice versa.
For example, desiring to decrease the exchange rate/price of domestic currency without changing the monetary base, authorities purchase foreign-currency bonds,
rcookie says the same action as in the last section. After this action, in order to keep the monetary base, governments conduct a new transaction, selling an equal amount of domestic-currency bonds, so that the total money supply is back to the original level.
rcookie says Non-sterilized intervention
Non-sterilized intervention is a policy that alters the monetary base. Specifically, authorities affect the exchange rate through purchasing or selling foreign money or bonds with domestic currency.;
For example, aiming at decreasing the exchange rate/price of the domestic currency, authorities could purchase foreign currency bonds. During this transaction, extra supply of domestic currency will drag down domestic currency price, and extra demand of foreign currency will push up foreign currency price. As a result, the exchange rate drops.
R&R says to rcookie They openly state that two weeks ago the goal was to sell bonds "in the current year", and now they have narrowed that time frame to "next March". Sounds like not only are things being fast-tracked, but they are being more specific with their timelines. Both are great IMO
subgirl says to FatherofThunder yes it is and he knows his days are numbered!
larrykn says I see Kap says he thinks Iraq won't get off the peg and we will wait,, got news for him they can't afford to do that
clay says to larrykn kap changes his mind like the wind
larrykn says well if one doesn't understand what is going on I guess one would lol
Hutch says Relationship: launching the currency bonds during the March and are committed to restoring citizens seized funds 2016/06/27
The Governor of the Central Bank of Iraq, Ali al-allaq, on Saturday, the importance of auction sale of foreign currency to maintain the stability of the dinar exchange rate and "does not constitute a waste of public money or smuggling,"
while revealing the launch selling government bonds through next March, pledged to return the amounts deposited in the bank branches and rational beninoi and seized (daash) after the liberation.
Came through during the participation in the Symposium established relations Institute (strategic policy), today, at its headquarters, in central Baghdad, and attended (range).
He said the Governor of the Central Bank, the Central Bank's strategy for the years 2016-2020 will see a quantum leap, "Noting that" the proportion of Iraqis who use non-ambitious banking system with 10 percent.
Hutch says Relationship: launching the currency bonds during the March and are committed to restoring citizens seized funds 2016/06/27
The Governor of the Central Bank of Iraq, Ali al-allaq, on Saturday, the importance of auction sale of foreign currency to maintain the stability of the dinar exchange rate and "does not constitute a waste of public money or smuggling,"
while revealing the launch selling government bonds through next March, pledged to return the amounts deposited in the bank branches and rational beninoi and seized (daash) after the liberation.
Came through during the participation in the Symposium established relations Institute (strategic policy), today, at its headquarters, in central Baghdad, and attended (range).
He said the Governor of the Central Bank, the Central Bank's strategy for the years 2016-2020 will see a quantum leap, "Noting that" the proportion of Iraqis who use non-ambitious banking system with 10 percent.
Hutch says He acknowledged the relationship, "having too many problems with banks when retrieving loans of citizens", stating that "loans give real guarantees, when the beneficiary is in arrears or refuses payment and booking of premises we encounter the clans prevented intervention."
Central Bank Governor pledged that the Agency "restores all amounts deposited by Bank citizens bank branches and rational and seized terrorist organization daash in Ninawa Governorate, Mosul (405 km north of Baghdad), after it was liberated."
Recall that the Governor of the Central Bank, announced, (February 15, 2016) the Bank's intention to sell public bonds worth seven trillion dinars during the current year
Hutch says http://ift.tt/1TGHFEa;LINK
Hutch says to Elane I do. gimme a bit
Hutch says to Elane Central: launching the currency bonds by March 2016/06/27
Baghdad/Obelisk: Central Bank, revealed Saturday the launch of selling government bonds through next March, called for the integration of private banks to reduce their number to suit the actual need, emphasizing the importance of auction sale of foreign currency to maintain the stability of the dinar exchange rate.
And the word of the Governor of the Central Bank on the relationship in strategic policy Institute Symposium, in Baghdad, attended by local media and followed "the Obelisk",
He said the Governor of the Central Bank, the Central Bank's strategy for the years 2016-2020 will see a quantum leap, "Noting that" the proportion of Iraqis who use non-ambitious banking system with 10 percent.
He drew the relationship, "the launch of the first Government bonds trading by next March," returned to "auction selling foreign currency does not constitute a waste of public money or smuggling.
Hutch says to Elane And impossible relationship, "restrictions on the sale of foreign currency," adding that it "would raise the dollar exchange rate dinar".
He said, "the presence of more than 50 banks in Iraq a significant", calling for "the integration of private banks to shrink in proportion to the actual need.
And between banks, "which granted the leave established recently will not enter the currency selling window only after years of investigation and practice of business banking and real", pointing out that "the Central Bank is obliged to grant the disparate to open new banks which have long realized the conditions and guarantees required.
He acknowledged the relationship, "having too many problems with banks when retrieving loans of citizens", stating that "loans give real guarantees, when the beneficiary is in arrears or refuses payment and booking of premises we encounter the clans prevented intervention.
Hutch says to Elane():
He pledged that "all sums deposited by Bank citizens bank branches and rational and seized terrorist organization daash in Nineveh province after liberation."
Recall that the Governor of the Central Bank, announced on February 15, 2016, the current Bank's intention to sell public bonds worth seven trillion dinars during the current year
http://ift.tt/1TGHFEc
jarhead says( theres only one problem with that article
jarhead says there was nothing about exchange rate in it
boz says Abadi website sill down, 4 days now
boz says http://ift.tt/1Rbrry8
faith1 says GM All.... Hutch,, this is saying..."sale of foreign currency and bonds in march next (this year) = trade? and doesn't trade foreign require a reality rate iqd ? whoopow !! (v)
Hutch says to faith1 smile
faith1 says:) TY for the news,,, gread read !
faith1 says great
jarhead says i may be misinformed....wow
Hutch says to faith1 Brought by LOOP
Abadi runs the Ministry of Finance directly
Read More :http://ift.tt/1TGHEAl
http://ift.tt/1Rbrrya
Hutch says to faith1 BAGHDAD / obelisk: A member of the parliamentary finance committee Masood Haider, Saturday, Prime Minister Haider al-Abadi Finance Ministry department directly after an absence of its minister, Hoshyar Zebari, noting that the administration Alabara the ministry will continue for months.
Haider said in a statement, "Prime Minister Haider al-Abadi is currently the Minister of Finance Ministry and manages directly," noting that "This came after an absence of its minister, Hoshyar Zebari."
He added, that "Zebari currently illness," adding that "the Prime Minister of the Ministry administration began some weeks ago, and may last for months."
Read More :http://ift.tt/1TGHEAl
http://ift.tt/1Rbrrya
Hutch says MEANT FOR ALL THANKS LOOP!
Elane says Thats an awesome article... thanks so much!
Elane says Abadi is now in control as finance minister.....
Hutch says ITS IN THE NEWS FORUM
larrykn says I guess Abadi want to do something soon if he just became the finance minister
rcookie says I SEE HUTCH POSTED THE KEYWORDS BOND AUCTION REPORT...
Hutch says to rcookie What do you think about that?
subgirl says to Hutch http://ift.tt/1TGHEAn
http://ift.tt/1Rbrryc
rcookie says to Hutch THAT IS A BIG DEAL...
subgirl says to Hutch Central: launching the currency bonds by March
2016/06/27 Baghdad/Obelisk: Central Bank, revealed Saturday the launch of selling government bonds through next March, called for the integration of private banks to reduce their number to suit the actual need, emphasizing the importance of auction sale of foreign currency to maintain the stability of the dinar exchange rate.
rcookie says to Hutch CURRENCY INTERVENTION....
Hutch says to rcookie Thought so too, along with abadi taking MoF brought in by LOOP
subgirl says to Hutch He said the Governor of the Central Bank, the Central Bank's strategy for the years 2016-2020 will see a quantum leap, "Noting that" the proportion of Iraqis who use non-ambitious banking system with 10 percent.
He drew the relationship, "the launch of the first Government bonds trading by next March," returned to "auction selling foreign currency does not constitute a waste of public money or smuggling.
subgirl says to Hutch( And impossible relationship, "restrictions on the sale of foreign currency," adding that it "would raise the dollar exchange rate dinar".
He said, "the presence of more than 50 banks in Iraq a significant", calling for "the integration of private banks to shrink in proportion to the actual need.
And between banks, "which granted the leave established recently will not enter the currency selling window only after years of investigation and practice of business banking and real", pointing out that "the Central Bank is obliged to grant the disparate to open new banks which have long realized the conditions and guarantees required.
He acknowledged the relationship, "having too many problems with banks when retrieving loans of citizens", stating that "loans give real guarantees, when the beneficiary is in arrears or refuses payment and booking of premises we encounter the clans prevented intervention.
subgirl says to Hutch He pledged that "all sums deposited by Bank citizens bank branches and rational and seized terrorist organization daash in Nineveh province after liberation."
Recall that the Governor of the Central Bank, announced on February 15, 2016, the current Bank's intention to sell public bonds worth seven trillion dinars during the current year
rcookie says STERILIZED VS NON STERILIZED...
rcookie says Sterilized intervention
Sterilized intervention is a policy that attempts to influence the exchange rate without changing the monetary base. The procedure is a combination of two transactions.
First, the central bank conducts a nonsterilized intervention by buying (selling) foreign currency bonds using domestic currency that it issues. Then the central bank “sterilizes” the effects on the monetary base by selling (buying) a corresponding quantity of domestic-currency-denominated bonds to soak up the initial increase (decrease) of the domestic currency.
The net effect of the two operations is the same as a swap of domestic-currency bonds for foreign-currency bonds with no change in the money supply.[4] With sterilization, any purchase of foreign exchange is accompanied by an equal-valued sale of domestic bonds, and vice versa.
For example, desiring to decrease the exchange rate/price of domestic currency without changing the monetary base, authorities purchase foreign-currency bonds,
rcookie says the same action as in the last section. After this action, in order to keep the monetary base, governments conduct a new transaction, selling an equal amount of domestic-currency bonds, so that the total money supply is back to the original level.
rcookie says Non-sterilized intervention
Non-sterilized intervention is a policy that alters the monetary base. Specifically, authorities affect the exchange rate through purchasing or selling foreign money or bonds with domestic currency.;
For example, aiming at decreasing the exchange rate/price of the domestic currency, authorities could purchase foreign currency bonds. During this transaction, extra supply of domestic currency will drag down domestic currency price, and extra demand of foreign currency will push up foreign currency price. As a result, the exchange rate drops.
R&R says to rcookie They openly state that two weeks ago the goal was to sell bonds "in the current year", and now they have narrowed that time frame to "next March". Sounds like not only are things being fast-tracked, but they are being more specific with their timelines. Both are great IMO
rcookie says to R&R FREIGHT TRAIN....
jarhead says kool :)
Hutch says to rcookie Great explanation ! CHOOOOO CHOOOOOO
R&R says And didn't they get a credit upgrade from Moody's or S&P a day or two ago? And now, 24 hours later they are ready to launch those bonds? Timing is impeccable isn't it?
subgirl says to Hutch lol
rcookie says ALSO COINCIDES WITH THE TENTATIVE COMPLETION OF STATE BANK RESTRUCTURE AND PRIVATIZATION...REMEMBER...THE MOF OWNS THOSE 2 STATE BANKS.....
subgirl says to rcookie (y)
subgirl says to R&R thanks for that explanation too :)
jimplants says did I not read that Abadi is now head of MOF
rcookie says I DIDNT SEE UPGRADE...I SAW A HOLD AT B- WITH STABLE OUTLOOK....
Hutch says to R&R I saw it. B- to a B
jarhead says to subgirl they do a great job of splainin i just have a hard time understandin
subgirl says to jarhead :D(y)
Hutch says to R&R If I read it correctly
subgirl says to jarhead\ wish I understood it better too lol
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