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Friday, July 8, 2016

Dinar Updates Friday AM  Chat 7-8-16   Part 1 of 3

Post From Dinar Updates
Chat Room Excerpts & Highlights
 
Dinar Updates Friday AM  Chat 7-8-16   Part 1 of 3
 
rcookie says():Urgent .. Abadi relieve the commander of Baghdad operations and security and intelligence officials from office
 
Friday 08-07-2016 | 11:54:37  ABADI CONTINUES FIRING SECURITY & INTELLIGENCE LEADERS.....

TODAY IT IS COMMANDER OF BAGHDAD OPERATIONS LT GENERAL ABDUL AMIR SHAMARRI AS WELL AS OTHER SECURITY & INTELLIGENCE OFFICIALS....SO GHABBAN & SHAMMARI........
 
subgirl says():Abadi is still cleaning house... WOW!
 
horsegal says():Really excited about where we are!
cricket22 says to horsegal):That's awesome
horsegal says():Just finished mine :)
cricket22 says to horsegal():I hope it's this month.... I predict the 22ne :D
 
cricket22 says to horsegal():22nd
horsegal says():I think it's this month too
 
subgirl says to horsegal():GM Horsegal :) I am very excited too.. glad Abadi is still working out the corruption!
 
horsegal says():Is that your BD?
cricket22 says to horsegal():That's my number. :)
cricket22 says to horsegal():No
 
horsegal says():LOL
cricket22 says to horsegal():My lucky number
 
horsegal says():Yes, subgirl, Abadi is awesome, isn't he?
cricket22 says to horsegal():I always say that's it's gonna happen on the 22nd...:D
 
subgirl says to horsegal():yes he is! :)
horsegal says():I'd be happy with the 22nd!
cricket22 says to horsegal():But, I would be much happier if it was before that. :)
 
subgirl says to horsegal():I'd be happy with this month! lol
horsegal says():Me too :)
cricket22 says to subgirl():Me too
 
subgirl says to horsegal():but let's just watch actions and watch the IMF :)
cricket22 says to subgirl():BRB
horsegal says():For sure!
 
larrykn says():IMF board unbelievable to arrange for Iraq worth $ 5.34 billion
 
07/08/2016Twilight News / IMF said that its Executive Board approved a new arrangement under the request of Iraq for three years, worth $ 5.34 billion to support Baghdad's efforts in the face of low oil prices and to ensure the ability to service debt.
 
The IMF said in a statement that approval will allow the immediate disbursement of about $ 634 million under the program. Iraq was awarded in July 2015, about $ 1.24 billion under the previous rapid financing tool program.
 
LINK:   http://ift.tt/29D68wR
 
Read More :http://ift.tt/29ESxlP
 
Imf says executive board approves $5.34 bln, three-year stand-by arrangement for ira 
 
IMF SAYS EXECUTIVE BOARD APPROVES $5.34 BLN, THREE-YEAR STAND-BY ARRANGEMENT FOR IRAQ

· 07-Jul-2016 02:37:43 PM - IMF SAYS IRAQ APPROVAL ENABLES
 
jfd says():That loan is great.It should give Iraq about 2 weeks of their 110 billion a year budget.
 
larrykn says():Central adviser: Reserve stable at 53 billion and Okhov the dinar
History of edits:: 2016/7/8 12:39 • 111 visits readable
 
Central adviser: Reserve stable at 53 billion and Okhov the dinar
 
{Baghdad: Euphrates News} central bank adviser and Lady Idi, said a stable bank reserves at 53 billion dollars.
 
He said Idi told {Euphrates News} "The Reserve last year stable at 53 billion dollars," noting that "the Bank's policy is conservative, a balance between price and maintain the reserves," he said. "There is no fear on the exchange rate of the dinar against the dollar."
 
He added that "the central bank has worked hard to stabilize the exchange rate," pointing "in 2003 was the dollar equivalent of 2500 dinars, and the Bank's work on reduced in stages until he settled and select the purchase price of the banks as well as to determine the selling price with the exception of some cases."
 
And Britain out of the European Union and its impact on the Iraqi economy, bank adviser said, "We have no investments in the British currency is very simple and its impact, as we do not have an economic relationship with Britain, but in respect of some oil equipment."
 
"The Iraqi market closed and no international therefore not affected by the exit of Britain from the EU."
 
The central bank adviser told {Euphrates News} that "more than $ 50 billion in addition to the amount of inventories also went {value} central bank reserves, which covers the period imports of more than internationally accepted manner."
 
The parliamentary Finance Committee, she saw that the decline in central bank sales of the dollar leads to rise against the Iraqi dinar, according to committee member Sirhan Ahmed, adding that, "the lack of the required dollar supply from the central bank is the main reason for higher dollar exchange rate," stressing that "the rising dollar against the Iraqi dinar would negatively affect the Iraqi economy. "
 
Noteworthy that, a source at the Central Bank revealed in 19 of last May, for {Euphrates News}, depriving a number of financial companies to participate in the bank's auction for the sale of foreign currency; and to dealing with gangs Daash, and funding.
 
He explained that "the bank's actions in the recent period with banks, companies and banking, financial and conversion become severe in terms of sanctions, which include the denial of entry of an auction of foreign currency sale for a month with the approval of the governor, which affects the sales of the bank, as there have become scarce , failure to enter the companies to the auction leads to a lack of width dollar.

The source added, "have been deprived of many companies to participate in the auction, based on the penalties to be applied from the central bank; for violating the directive, as there are companies dealing with Daash according to what came to us from the information, has been deprived of the auction until further notice, pending verification of non-dealing with Daash in funding it is returned to the auction,
 
watson1 says(7:57 AM): The Islamic State doesn't want you to see these photos
 
This is a rare glimpse into daily life for Deir Ezzor, Syria — a city that's been under the Islamic State's grip since 2014. Video provided by Newsy Newslook
 
http://ift.tt/29D5MGa
 
watson1 says():Can not wait until today to hear what bgg take is on all this . police shooting in tx ,no rv and clinton deal
 
clay says():forgot its holy day Friday
clay says():thats y its so quiet
 
larrykn says():yes it is , don't expect to much out today but we might get surprised :D
 
clay says():sure would be nice
clay says():like retake of Mosul
 
larrykn says():we just never know
clay says():nope we dont
 
Baxter says():CNN is reporting another Lockdown on Capital Hill...... and Good Morning all...
 
da58 says():Iraq is sure under pressure to implement their economic reforms, only getting a loan of 634 million until they do so.. nada - nothing more! So, I feel pretty confident they will implement..
 
da58 says():This art says a little more about that..
clay says to da58():sure hoping so GM :)
 
da58 says():*International Monetary give Iraq credit line worth $ 5.34 billion
History of edits:: 08.07.2016 12:51 • 81 visits readable
 
International Monetary give Iraq credit line worth $ 5.34 billion
[Where - Baghdad]  and approved by the International Monetary Fund, to give Iraq a line of credit worth $ 5.34 billion to help it overcome the financial crisis faced after the deterioration of oil prices and the war against terrorism.
 
The fund said in a statement, his Thursday July 7, that the Iraqi government will get the case on an initial loan of $ 634 million, while it must implement economic reforms series for the rest of the installments of this assistance plan for three years. 
The statement quoted Maine Chu, a manager assistants in the fund, saying: " the Iraqi economy has suffered severely from the double trauma of the organization of the Islamic state and very low attacks in oil prices."
 
Fund expressed in his statement expressed concern especially about the arrears "big" accumulated on Baghdad , which is struggling to meet its financial obligations. the
 
fund was granted in Baghdad in July 2015 a loan of $ 1.24 billion to help the advancement of the public own finances. Under the previous rapid financing tool program.
 
Iraq is going through a financial crisis due to falling oil prices , which constitutes 90% of the public budget is paid to borrow from the International Monetary Fund and the World Bank and earned them about $ 15 billion received by over three years.
 
http://ift.tt/29ETkmP
 
da58 says():"his Thursday July 7, that the Iraqi government will get the case on an initial loan of $ 634 million, while it must implement economic reforms series for the rest of the installments of this assistance plan for three years. "
 
larrykn says to da58():gm , thanks for the news, I agree I feel we are real close now :)
 
larrykn says to da58():yes it is, its exciting time :)


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