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Tuesday, March 22, 2016

Dinar Updates  Tuesday Chat  3-22-16    Part 1 of 3

​Post From Dinar Updates 
Chat Room Excerpts & Highlights

Dinar Updates  Tuesday Chat  3-22-16    Part 1 of 3
 
rcookie says():ANOTHER TERRORIST ATTACK....THIS ONE IN BRUSSELS...
 
rcookie says():ULTIMATUMS ISUED TO 10 MPS CONCERNING EXCESSIVE ABSENCES FROM PARLIAMENT ATTENDANCE....
 
rcookie says():In favour: Central Bank dollar reserves of up to 60 billion dollars
 
March 22, 2016 5 0    Economy/Baghdad   Mohammad Saleh appearance denied economic advisor to Prime Minister Haidar Al-Abbadi to the CBI is facing bankruptcy.
 ~~~
Saleh said in a statement obtained by the news agency for our economy, "the Central Bank's strong financial foundation is not bankrupt, owns and reserves and monetary policies has a vision and drawn boundaries and plans of running."
 
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rcookie says():He added that "our dollar towards $ 60 billion or so and not what is rumored as the limits of 40 billion for the Bank sells and buys the dollar once it buys the Government foreign currency is the dinar acted against this purchase so the Bank has score balance at sale and purchase.
 
Saleh attributed the sales decline to the Central Bank for the dollar recently to "weak demand on the dollar because of the decline and reduction in government spending."
 
And that "Government operating budget almost faded away except for salaries and wages and some expenses are necessary and these were popular on any currency market spending in the dinar would turn on request of foreign currency, because economic activity is low and this reflected gradually over Central Bank sales to lack sufficient purchasing power or limited these key factors behind the decline in sales of the Bank".
 
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magnetlady says():About time they were held to having to work for their monies. ({)
 
rcookie says():Abbadi Adviser noted that "talk about Central Bank policy to bankruptcy are not only rumors designed to capture the Iraqi economy."
 
 
http://ift.tt/1MAZD59   LINK

 
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rcookie says():SALEH DECLARING RESERVES AT $60 BILLION.....
 
rcookie says():TELLING PEOPLE RELAX WE ARE OPERATING WITHIN A STRATEGY AND PLAN THAT HAS BOUNDRIES...AND AN OPERATING PROTOCOL....(CAN YOU SAY IMF)...AND OUTLINED LOWER AUCTION SALES DUE TO WEAK DEMAND FOR THE DOLLAR AWAY FROM DECLINE IN GOV'T SPENDING....
 
rcookie says():AN ALMOST IMMEDIATE RESPONSE TO SOME ECONOMISTS STATEMENTS YESTERDAY ABOUT CBI POLICIES PUSHING TO "FALSE BANKRUPTCY"....
 
rcookie says to doing90():OK.....BOY DO I HAVE A MORNING SMILE....
rcookie says to doing90():OOPS SORRY..
angus says():do share rcookie
 
rcookie says to wmawhite():MR WHITE....YOU AROUND..
rcookie says():THIS IS A HAT GRABBER!!!!!!
rcookie says():An invitation to open to the public for the activation of indirect investment
 
3/22/2016 0:00 BAGHDAD - Mostafa Hashemi at a time when Iraq Stock Exchange has renewed its emphasis on the establishment of a workshop and special annual ceremony trading mail in the advertised date, between academic economic necessity of opening up of the stock market more widely to the public to raise awareness on the subject of indirect investment to support the economy.
 
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rcookie says():A economic academic Dr. Majid Baidhani: the «next economic phase requires increased trading activity in the securities of the Iraqi market, which is raising the level of public awareness and clarify the idea of indirect investment equity for companies listed and traded on the Iraq Stock Exchange.» experience and expertise and indicated in an interview with
 
« Sabah »to the existence of a slice of citizens familiar with the mechanisms of the sale and purchase and conclude contracts and trading by continuing to attend five meetings of the market or through constant communication with financial intermediaries who take the task of dealmaking in agreement with them on their behalf.
 
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rcookie says():the Iraq Stock Exchange announced earlier intention to set up a workshop in the twenty - third of the month of April under the title «electronic trading role and rules for securities Iraqi market in a revitalization of investment». this comes at a time when the stock market seeking to play their role in the local economy and discuss efforts to strengthen the role of the private sector companies to contribute to gross domestic product and support Iraq 's economy.
 
the role companies explained Baidhani important to take a private - sector companies active role in the national economy by offering its shares for trading , and those companies have as much responsibility to provide various
 
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rcookie says():services to the public, in addition to its keenness to be bound by the criteria of transparency and disclosure , which promise two pillars in circulation and earn the public 's trust. He called on those in charge of the market to find ways to make advancement by the stock market,
 
it is the most prominent indirect investment markets in the country through greater openness to the public, especially that there are good number by foreign traders «company and sellers» in the market they are trading - mail from within their own countries and holding daily deals they bring profits.
 
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rcookie says(7:18 AM): the workshop axes A source in the Iraq Stock Exchange has stated »Sabah» that the workshop, which will be held in the Baghdad Hotel bows Hall, will include the establishment of five presentations or axes looking at ways to invest in the securities sector development,
 
where will premiere eating seeing Iraq Stock Exchange, and the second technological development and future plans, deals with the third presentation proposals investment securities attraction. he said that he will be during the workshop launch discussions and proposals aimed to develop investment in the securities sector and discuss the most prominent ways to advance own reality.
 
 
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rcookie says():he pointed out that on the occasion of the seventh anniversary of the launch of the electronic trading system will be the opening of the exhibition of information and display products joint - stock companies, which will be held during the workshop which will allow to meet investors and communicate with them and look at the indicators and achievements of the companies to Besides her future plans. market index saw yesterday the first session Sunday Akedza stock index green «high» to 2.33 percent to 13.71 points.
 
Was trading 3 billion and 574 million and 526 thousand and 176 shares valued at 827 million and 188 thousand and 58 dinars, achieved through the implementation of 456 contract traded. Have been trading shares of 39 companies out of 98 companies listed in the market shares of 21 companies , including and the price of shares of 9 companies another, while preserving the nine companies on the prices of shares.
 
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rcookie says(:  the Iraq stock Exchange consists of 98 listed company with a total capitalization of more than 8 trillion shares representing banking , including sector 5 trillion shares and thus the most sector be traded and 65 percent of the total shares traded Daily.
 
And it regulates the Iraq Stock Exchange five weekly trading sessions from Sunday to Thursday.
 
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rcookie says():THE NEXT ECONOMIC PHASE REQUIRES INCREASED TRADING ACTIVITIES IN IRAQ MARKET SECURITIES...AND EDUCATING PUBLIC OF INVESTING IN ISX...AND THE COMPANIES LISTED O ISX...
 
angus says():ok rcookie question for you.... if they are doing the workshop on the 23 of April to teach more a the stock market which would make more sense. To have more value to your currency before that workshop or after?
 
rcookie says():THIS ALIGNS VERY WELL WITH THE REPORTS IN BEGINNING OF FEBRUARY TOWARD ANNOUNCEMENTS OF OPENING PROVINCIAL FINANCIAL CENTERS THAT WILL TAKE PROCESS & TRANSFER DATA FROM ISX & ESX ...TO THESE PROVINCIAL FINANCIAL CENTERS WHO WILL THEN SEND TO BANKS & BROKERAGE HOUSES THROUGHOUT THE PROVINCES IN LESS THAN 6 SECOND LAG....
 
rcookie says():WORKSHOPS TO EDUCATE INVESTORS ABOUT THE ISX...APRIL 23RD WILL BE WORKSHOP TITLED "ELECTRONIC TRADING ROLE & RULES FOR SECURITIES IRAQI MARKET IN A REVITALIZATION OF INVESTMENT"...
 
rcookie says():THIS COMES AT A TIME WHEN ISX IS SEEKING TO LAYA ROLE IN LOCAL ECONOMY...AND DISCUSS EFFORTS TO STRENGTHEN ROLE OF THE PRIVATE SECTOR COMPANIES...TO CONTRIBUTE TO GDP AND IRAQ ECONOMY SUPPORT....
 
angus says():well by your answer you need rules to know how to play..... but people need to have somthing to play with.... just me I could see it going either way.
 
wilson6060 says():GM rcookie...it would appear you are on fire this am...TYVM for bringing in all the news....
 
angus says():Mr. White hurry up and down that cup of coffee and put your 2 cents in please
 
rcookie says():IMPORTANT TO TAKE PRIVATE SECTOR COMPANIES AN ACTIVE ROLE IN THE NATIONAL ECONOMY...BY OFFERING SHARES FOR TRADING IN COMPANIES THAT WILL PROVIDE VALUABLE PRODUCTS AND SERVICES TO IRAQI CITIZENS...
 
AND OPERATE IN A LEGITIMATE AND TRANSPARENT WAY...WITH FULL DISCLOSURE...AND EFFORTS TO MAKE ADVANCEMENT OF ISX THE MOST PROMINENT INDIRECT INVESTMENT MARKETS IN THE COUNTRY BY EDUCATING IRAQIINVESTORS AND FOREIGN COMPANIES AN D INVESTMENT TO THE MARKET...
 
wmawhite says to angus():ask the question; "why all of this effort if they are intended to stay the same?"
 
angus says():rcookie are you sitting there shaking your head and laughing?
angus says():I didn't want to get my hands smaked
LLN65 says to wmawhite():so ready them to be different!!
 
angus says():rcookie I guess I need another cup.... maybe with somthing a little stronger.... just sayin
 
LLN65 says to wmawhite():THIS ALIGNS VERY WELL WITH THE REPORTS IN BEGINNING OF FEBRUARY TOWARD ANNOUNCEMENTS OF OPENING PROVINCIAL FINANCIAL CENTERS THAT WILL TAKE PROCESS & TRANSFER DATA FROM ISX & ESX ...TO THESE PROVINCIAL FINANCIAL CENTERS WHO WILL THEN SEND TO BANKS & BROKERAGE HOUSES THROUGHOUT THE PROVINCES IN LESS THAN 6 SECOND LAG....
 
LLN65 says():I like that, DATA transfer to ESX.... they need a rate for this right?
 
wmawhite says to LLN65():..yes, and these efforts are across the board.........across many segments of the economy, across their cultures..........
 
wmawhite says to LLN65():No.....not necessarilary...
wmawhite says to LLN65():sp?
 
Zig says():GM....Well I have been around many chats and forums.....none are perfect but I will say that this is a good one.....full of optimism and very little BS.....lol.....how this journey will turn out I have no clue but I will probably start hanging out here a little more now.....
 
angus says():thanks to both of you... rcookie and mr. white. I know we really ruffle your feathers at times, but I am most greatful. 
wmawhite says to LLN65():the value of the currency is relative to outside of Iraq
 
wmawhite says to LLN65():if you are going to buy shares from a broker inside of the USA........does the value of USD need to change in value..........no, it already has value inside the USA just as the IQD has value inside of Iraq.
 
rcookie says to angus():WE ARE ALMOST THERE...HANG IN THERE...
 
wmawhite says to LLN65():Value is a relative issue when compared to something different.
 
LLN65 says to wmawhite():right, the European stock exchange ESX, goes international from there tho and thats outside of Iraq, just my thoughts but lol I know nothing :D
 
wmawhite says to LLN65():exactly..................buying and selling Iraqi shares outside of Iraq.......is similar to exchanging what?????
 
wmawhite says to LLN65():Currency
wmawhite says to LLN65():Because the shares are in what???
wmawhite says to LLN65():IQD
 
wmawhite says():The ISX spent huge $$$$ for the new trading platform that will enable it to trade with 23 other internationa trading platform from around the globe.............they are waiting to activate it.
 
willie60 says():[7:43 AM] rcookie angus: WE ARE ALMOST THERE...HANG IN THERE... Love hearing that!
 
rcookie says to wmawhite():THERE IS A MASSIVE PUBLIC ECONOMIC & FINANCIAL EDUCATION/LITERACY INITIATIVE ONGOING IN IRAQ...AT EVERY LEVEL.....BANKING...STOCKS....BONDS ETC....
 
wmawhite says():The ISX, IMO, is the one unspoken indicator that truly shows us that Iraq intends to change the status of the IQD, as well as its value.
 
angus says():ok guys I'm going to have to step away and get my heart rate back down....


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