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Tuesday, March 1, 2016

Millionday News 2/29/16   Part 1 of 2

Post From Dinar Updates
Millionday News 2/29/16   Part 1 of 2

Welcome to dinarupdates.com for News Time with Millionday!!
 
Millionday: FIRST I WANT TO SHOW YOU SOMETHING IN PRINT ALL ABOUT US AND MORE
Millionday: KIND OF FUNNY IN A GOOD WAY
 
Millionday: Revaluation of Iraqi Dinar
People have made heavy investments in the Iraqi dinar with the expectations that it will be revalued in the near future and they will be billionaire.
 
The investors in Iraqi dinar include not only common people but the retired army officers of Iraq war. They believe that Iraqi dinar will be revalued in the next few years and they will earn more than anyone else in the world.
 ~~~
Millionday: The best example of Iraqi dinar revaluation is the Kuwaiti Dinar revaluation that occurred in 1990 and people who invested in the Kuwaiti dinar became billionaire over night.
 
Many of the international banks are also interested in Iraqi dinar purchase and they are the big investors of Iraqi dinar as well. The Noor Al Maliki administration was major hurdle in the revaluation of Iraqi dinar because of dispute with Kurdistan.
 
Millionday: LOL -- WHO?
 
Millionday: NOTE -- I DO NOT WANT YOU TO PAY ATTENTION TO THE TIMELINE -- THIS IS NOT AN ANNOUNCEMENT OF THE TIMELINE
 
Millionday: Kurdistan has major role in the revaluation of Iraqi dinar and its resolution to pass. The supreme leader of Iraq has taken action against Noor Al Maliki and the government was dissolved. Now new administration is now in the power and they are taking initial steps to complete revaluation process.
 
This can be very big and latest Iraq news. People are waiting for the completion of this procedure for revaluation of Iraqi dinar in next few months.
 
_firefly_ Millionday: Is this a US article?
 
Millionday: >>>>>Financial Prospect is news site which is not only based on finance & business niche but also provide latest trending articles of health, entertainment, sports, Indian politics and news from all over the world with facts.
 
Millionday: NOT THE BEST RESOURCE BUT LOTS OF FUN TO READ
Millionday: WHOOPOW     Millionday: LOL
 
_firefly_ Millionday: ok so India translation
 
Millionday: YES
Millionday: ALL ABOUT US AND THE BANKS
Millionday: LOVE IT
 
 
Millionday: THIS YOU MAY HAVE SEEN BUT THE TIMELINE IS PERFECT IMO
 
Millionday: Detecting the central bank on Saturday announced the launch of the sale of government bonds through next March, while calling for the integration of private banks to reduce their number to match the actual need for stressing the importance of an auction sale of foreign currency to maintain the stability of the dinar exchange rate.
 
Millionday: NOTE -- BONDS OF COURSE WILL BE ON THE MARKET IN MARCH
 
Millionday: This came during a speech the central bank governor on the Keywords in a seminar hosted by the Strategic Policy Institute, in Baghdad, attended by local media and I followed 'obelisk',
 
The governor of the central bank, said that 'the central bank's strategy for the years 2016- 2020 will witness a qualitative leap', noting that 'the proportion of Iraqis who use the banking system as it is ambitious amounting to only ten percent. "
 
Millionday: NOTE -- THIS OF COURSE GOES RIGHT ALONG WITH THE INTERNATIONAL REGULATIONS SET NOW
 
Millionday: He pointed Keywords, for 'launch of its first government bonds traded through next March', returned to 'auction of foreign currency is not a waste of public money or smuggled to him.'
 
He warned the Keywords, of 'restrictions on the sale of foreign operation mode', noting that it 'will lead to the lifting of the dollar's exchange rate against the dinar.'
 
Millionday: SO THIS WILL LEAD TO THE RAISING OF THE VALUE -- WHOOOPOW
 
larrykn: so these bonds will be international right
 
Millionday: IM NOT SURE IF THESE ARE DOMESTIC OR NOT BUT KNOW THE REPORT EXPECTATIONS CAN ONLY BE MET BY INTERNATIONAL SALES AS WELL -- THEY ARE TALKING 4 YEARS
 
hermantowncars: Can you explain in very simple terms how the auction of dinar to other countries banks maintains the stability of the exchange rate
 
Millionday: THROUGH LIQUIDITY -- THE SALE OF FOREIGN CURRENCY IS PART OF THE REMMITTANCE SYSTEM --- IN OTHER WORDS -- IT ADS TO THE BOTTOM LINE OF WHAT THEY HAVE
 
Millionday: THEY CAN CONTROL IT
 
larrykn: sorry but does these bonds help them pay off the debt they will have once they revalue due to how much dinar is out of country
 
Millionday: THE BONDS PULL MONEY OFF THE STREETS AND GIVE THE PEOPLE A PIECE OF PAPER -- THIS ALLOWS THE BANKING BUSINESS TO INVEST IN OTHER AREAS AND MAKE A PROFIT
 
Millionday: ALSO TACKLE PROJECTS ETC
 
Millionday: THE GOAL IS TO REDISTRIBUTE THE LIQUIDITY FROM ON THE STREETS AND IN DRAWERS ETC AND GET IT TO THE BANKS –
 
THIS GIVES THE BANKS LIQUIDITY TO INVEST AND GAIN IN DUE TO THE MACRO-ECONOMICS OF BANKING -- THEY LOAN IT FOR INTEREST -- INVEST IT -- GAIN FROM LOANS FOR HOUSES BUSINESSES -CARS ETC –
 
 FOR INSTANCE HERE -- OUR FEDERAL RESERVE IS REQUIRED TO HAVE 10% OF ALL DEPOSITS ON HAND --- THAT IS WHY A RUN ON THE BANKS IS SCARY TO THINK OF BECAUSE ALL CASH IS NOT AVAILABLE
 
Millionday: TENDER IS MADE UP OF -- BILLS -- COINS -- PLASTIC -- BONDS -- ETC
Millionday: IT GIVES THE BANKS ASSETS
Millionday: MAKE SENSE ?
 
Millionday: ECONOMIC DEVELOPMENT THROUGH THE CIRCLE OF BANKING AND INSURANCE
 
Millionday: WHOOOPOW
 
Millionday: THIS IS MASSIVE AND HAT WORTHY
Millionday: THE SET REGULATIONS BEING TALKED ABOUT HERE HAD TO BE SET
 
Millionday: The Governor of the Central Bank on the Keywords, Sunday, for the contract with the Office of international scrutiny to establish procedures for the sale of currency "dollar" to control the movement of cash.
 
Keywords and said in remarks reported by the newspaper "Al-Sabah" and seen by Agency / information / "The central bank contracted with the Office of international scrutiny to establish procedures for the sale of currency" dollar "and to control the movement of cash on the dollar."
 
Millionday: NOTE -- THIS IS OBVIOUSLY A STEP OF REGULATION FOR INTERNATIONAL CASH MOVEMENT
 
Millionday: DEFINED>>>>GUIDANCE ON ENHANCED SCRUTINY FORTRANSACTIONS THAT MAY INVOLVE THEPROCEEDS OF FOREIGN OFFICIAL CORRUPTION
 
ISSUED BYTHE DEPARTMENT OF THE TREASURY
 
THE BOARD OF GOVERNORS OF THE FEDERAL RESERVE SYSTEM
 
THE OFFICE OF THE COMPTROLLER OF THE CURRENCY
 
THE FEDERAL DEPOSIT INSURANCE CORPORATION
 
THE OFFICE OF THRIFT SUPERVISION  AND
 
THE DEPARTMENT OF STATE 
 
Millionday: NOTE -- OBVIOUSLY -- INTERNATIONAL COMPLIANCE
 
Millionday: He added that "the central focus on the topic of financial inclusion for the positive role in the economic life," pointing to "the pursuit of development finance for small and medium-sized projects that we will have an integrated legal framework sector, as well as work to stimulate Islamic banking field, which is expanding in Iraq."

Keywords emphasized "the need to create guarantee deposits in the banking institution, as we are close to passing a law it will pass in the House of Representatives," pointing to "continue efforts to develop a universal banking system, which represents a significant shift for the work of the central bank."
 
Millionday: SO AS WE CAN SEE AND IMO -- THIS IS TO MOVE TO INTERNATIONAL ACCEPTANCE OF THE DINAR
Millionday: OR THIS WOULD BE SILLY
 
Millionday: WHOOOPOW
 
Imperator: its is very exciting to
 
Millionday: I AGREE -- VERY EXCITING


Comments may be made at the end of Part 2  Thank You  


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