Chat Room – Excerpts & Highlights
Rcookie, Mr. White & Hutch Newstime Thursday, September 15, 2016
hutch says():HELLOOOOOOOO EVERYONE !!!!!!!
hutch says():OK LETS GET STARTED…. NEWS HAS BEEN SOMEWHAT LIGHT , BUT IT IS ALL GREAT NEWS !
DU NEWS RECAP THURSDAY SEPTEMBER 15TH 2016
hutch says():FIRST CATEGORY SECURITY
BARZANI CALLS FOR SETTLING DISPUTES BEFORE RESTORING OF MOSUL..
IRAQI ARMY MOBILIZES TO OPEN NEW FRONT AGAINST ISIS IN NORTHERN MOSUL IN PREPARING MOSUL LIBERATION….
IRAQI FORCES TURN BACK ISIS ATTACK IN ANBAR WESTERN RAMADI KILLING DOZENS ISIS ELEMENTS…
STRENUOUS PREPARATIONS FOR BATTLE OF MOSUL AND INVASION OF HEAT ISLAND..
INT’L COALITION CARRIES OUT 20 SORTIES IN IRAQ KILL 13 ISIS ELEMENTS IN MOSUL AND DESTROY 8 ISIS SUPPLY LINES…
INT’L COALITION DESTROY ISIS FACTORY FOR CHEMICAL WEAPONS CHLORINE & MUSTARD GAS WITH B-52 BOMBINGS NEAR MOSUL…
GENERAL
MASSUM ENDS ,MEETING WITH US DELEGATION ANTHONY BLINKEN IN ERBIL OVER MOSUL OPERATION AND POST GOVERNANCE INCLUDING PROVINCE FOR CHRISTIANS…
FALLUJAH ANNOUNCES RETURN OF 60% OF SERVICE PROJECTS IN PREPARATION OF RETURN OF DISPLACED…
US COMMITS $181 MILLION FOR AID OF IRAQI DISPLACED…
JABOURI MEETS WITH US SEC OF STATE KERRY, BLINKEN AND OBAMA ENVOY MCGURK US UNDER SEC OF NEAR EASTERN AFFAIRS BANNGTON & US AMBASSADOR SILLMAN TO DISCUSS POST MOSUL LIBERATION PLANS DEEMED AS IMPORTANT AS LIBERATION PLANS THEMSELVES…
THE US STATE DEPT STRONGLY SUPPORTS ABADI REFORMS AND NATIONAL RECOGNITION…
PARLIAMENT
JABOURI STATES THAT ANY MOTOON TO REQUESTION ZEBARI IS ILLEGAL AS ALL QUESTIONING AND PROTOCOL CONCERNING 1ST ACTIONS INCLUDING VOTE ON WITHDRAWL CONFIDENCE “LEGAL PRIVILEGE”…
BARZANI BLOC GATHERS 115 SIGNATURES TO PROPOSE RE-VOTE ON ZEBARI ANSWERS AND BLOCK IMPEACHMENT…
PARL FINANCE COMMITTEE MEMBER HOSSAM ASSERTS CBI RESERVES BELOW $50 BILLION LEVEL AND STATES THAT CBI DOES NOT PUBLICLY SPEAK ABOUT RESERVE LEVELS SO NOT TO INSTILL PANIC IN MARKET AND REFUTES REPORTS EARLIER IN WEEK BY IMF OF ADDITIONALL $0 BILLION RESERVES FOUND BRINGING LEEL TO $53 BILLION FROM PROGRAMMED LEVEL…
STATE OF LAW MP FAYAD ASSERTS AMNESTY LAW REPRESENTS REAL SPACE FOR NATIONAL RECONCILIATION…
SHAWKI ANNOUNCES A & J LAW MODIFYING SCHEDULED IMMEDIATELY AFTER THE EID FEAST…JABOURI RECEIVES…
IRAQI PARLIAMENT FINANCE COMITTEE SUPPORTS THE IMF FINANCIAL AGREEMENTS LOL LOL…
ECONOMY/INVESTMENT/BUSINESS
OIL AT$46.05…
GOLD AT 216,000 IQD TO THE WEIGHT…
CBI DENIES CATEGORY $1 MILLION USD AND LARGEST DENOMINATION $100 USD…
IMF CONDUCTS 1ST REVIEW OF SBA LOAN AND THANKS IRAQ FOR FRUITFUL COOPERATION AND CANDOR IN PROCESS AND PREPARE FOR NEXT MEETING OCT 7-9TH IN WASHINGTON 1ST MEETING SBA ($5.3 BILLION 5 YEARS 1.5%)TERMS JULY 2016 RECEIVED 1ST INSTALL $639 MILLION, JORDAN 8-28-9-10 1ST REVISION DRAFT……
OIL MINISTRY ANNOUNCE THE EXPORT OF 12 MILLION TONNES OF LIQUID GAS AND 100,000 CONDENSATE TO THE OUTSIDE…
MUTHANNA GOVERNATE ANNOUNCE THE COMPLETION 132 MW POWER LINE NORTH OF SAMAWAH TO RERSOLVE BOTTLENECKS NORTH OF THE CITY…
ZEBARI STATES 2017 BUDGET DEFICIT WILL BE $27 BILLION USD AND WARNS OF CHAOS AND CATASTROPHE…
ARTICLE 1
Parliamentary Finance calls to control the rate of the dinar against the dollar
9.15.2016 16:20 Where special parliamentary Finance Committee called on Thursday for control of the Iraqi dinar exchange rate against the dollar, by maintaining a reserve of hard currency.
The committee member said Sarhan Ahmed told all of Iraq [where] that ” the central bank has no plans to raise the value of the dinar against the dollar , ” pointing out that ” the rise of the dinar rate depends on the central bank ‘s reserves of hard currency and the non – oil and oil revenues coming into the country . ” .
He pointed out that ” the legislative track and other issues have an impact on the exchange rate, which calls for preservation of the Iraqi dinar exchange rate and maintain a reserve of hard currency.”
witnessing the Iraqi dinar exchange rate volatility apparent in the market where he will witness the dollar rise gradually in front of the dinar exchange.
he criticized a number of financial and political economists pursued by the Central Bank of Iraq and falling cash reserves during the recent years.
http://www.alliraqnews.com/modules/news/article.php?storyid=48301
hutch says():ARTICLE 2
hutch says():Governor of the Central Bank: IMF surprised Bamtlakena reserves exceed expectations
hutch says():The governor of the Central Bank, on the Keywords, Iraq’s commitment to the pledges made to the International Monetary Fund Ptoukatadtha specific, especially as it is consistent with the orientations and objectives, noting that the fund be surprised that Iraq’s reserves of foreign currency more than its forecast of about ten billion dollars.
And concluded in the Jordanian capital, Amman, (the tenth of September now 2016), a new round of talks between Iraq and the International Monetary Fund on standby credit program for a loan worth $ 18 billion, to be completed in November.
The governor of the central bank and the agency, Ali Ismail Keywords, in a press statement followed up by the “Economy News”, “the central bank introduced during the talks a detailed report on the action all carried out under an agreement with him,” adding that “the report stressed the central bank’s commitment to implementing more 20 pledge full proposal within the time specified timings. ”
hutch says():He Keywords that those “commitments within the central bank’s plan originally, and relate multiple aspects, the most important measures to combat money laundering and terrorist financing,” noting that “the Bank has provided complete dossiers on the regulations and guidelines and instructions and electronic systems that done in this regard.”
He said the central bank governor, said: “The report also included actions related to capacity building for both the Central Bank or other banks, with evidence relating to inspection and control,
” pointing out that “the Central Bank also provided with respect to the completion of Islamic Financial Institutions Act and the system of credit information at the national level and amendments to its law, the appointment of an external auditor to audit the reserves and the application and dissemination of financial stability indicators. ”
In the axis of his speech, the Reserve Central Bank foreign currency, and the look of the International Monetary Fund to him, said the Keywords, that “the IMF report showed that the reserve balance at the central bank more than he expected about $ 10 billion,” they returned to it,
“Whatever index reserves on the performance of the Bank and adequacy, particularly because they increase the amount of local currency, the dinar, in circulation. ”
He said Governor of the Central Bank of Iraq, that “the calendar of the International Monetary Fund proves that the central bank’s performance was remarkable in light of the challenges facing Iraq and the conditions of unstable economically, financially, politically and security.”
doc47 says():the central bank has no plans to raise the value of the dinar against the dollar , THIS Statement bothers me
hutch says():Iraq and delivered by mid-July 2016, about $ 634 million, representing the first installment of the IMF loan, immediately after the IMF Executive Board approval, in (the seventh of this month), on the standby credit agreement with Iraq, noting that the term of the loan is five years low annual interest rate of one and a half percent (1.5%), and that the number of payments is 13 batch stretches over 36 months.
The United States of America, confirmed in (the twentieth of April 2016), that the economic reforms the Iraqi government began to show the effects of an increase of non-oil imports, indicating that the Iraqi government’s success in reducing the budget deficit means obtaining a loan from the International Monetary Fund worth billions of dollars.
The appearance of Mohammed Saleh, said in an interview to the (long-Presse), in the (26th January 2016), that Iraq has agreed with the International Monetary Fund for long-term soft loans for the implementation of development projects,
noting that the fund is among other conditions, government expenses, and modified some procedures related to economic policies, while counting economist that “the most important” of those loans is to know the amounts that will be obtained during the year 2016.
The International Monetary Fund agreed in the (13 January 2016), to finance the deficit of the Iraqi budget through clouds of hard currency reserves, which led to the reduction of those reserves from $ 59 billion October 2015 end, to 43 billion during the current year 2016.
http://economy-news.net/content.php?id=5108
hutch says():EVERYONE OPEN THIS UP AND BE READY ON THE CALL
https://www.imf.org/external/pubs/ft/scr/2016/cr16225.pdf
hutch says to doc47():OK SEE EVERYONE ON THE CALL
hutch says to doc47):PLEASE BRING IN DURING OUR CALL
subgirl says to hutch():thanks!
dinarstudent says():thank you
Also try to keep the questions in the same category that the newstime is in… THANK YOU! “After Call” – w/RCookie, Mr White & Hutch 641-715-3640 pin#528733
bubbles says():thats it for newstime?
hutch says to bubbles():WERE YOU EXPECTING SOMETHING DIFFERENT ?
subgirl says to bubbles():that is it for the newstime but there is a call with much more info and they will be talking about all the news Hutch just brot in and much more
subgirl says to bubbles():are you new here!!
rcookie says to bubbles):NO
rcookie says to Holly1(): WOW…BRING ON NEWS RECAPS WITH 65 HEADLINES…NO COMMENTS AND 3 QUESTIONS…CUT BACK HEADLINES AND …WHERES THE NEWS
Read More :http://www.dinarupdates.com/showthread.php?40997-NEWSTIME-WITH-RCOOKIE-MR-WHITE-and-HUTCH-Thursday-September-15-2016
RickeyT says():is a real value to their currency a part of this agreement?
hutch says to RickeyT():WHAT AGREEMENT?
RickeyT says():
http://www.dinarupdates.com/showthread.php?40993-Saleh-Iraq-has-implemented-all-the-conditions-of-the-International-Monetary-Fund%21&p=161634#post161634
hutch says():Saleh: Iraq has implemented all the conditions of the International Monetary Fund!
Last updated: September 15, 2016 – 12:00
BAGHDAD / News Network Iraq declared Prime Minister adviser on fiscal policies, the appearance of Mohammed Saleh on Thursday, for an end to Iraq ‘s own commitments first phase of the Stand -By agreement with the International Monetary Fund of several stages include 13 commitment by which it agreed to grant Iraq a financial loan $ 5.3 billion.
concluded Iraq and the international Monetary Fund in May / May last deal after meeting for several days held in the Jordanian capital Amman to grant Iraq a financial loan of 5.3 billion dollars with an interest rate of up to 1.5%, acknowledges Iraq share an initial value of $ 634 million in July / last June, said adviser to the Iraqi prime minister for financial policy,
hutch says():concluded Iraq and the international Monetary Fund in May / May last deal after meeting for several days held in the Jordanian capital Amman to grant Iraq a financial loan of 5.3 billion dollars with an interest rate of up to 1.5%, acknowledges Iraq share an initial value of $ 634 million in July / last June, said adviser to the Iraqi prime minister for financial policy,
the appearance of Mohammed Saleh, in a press statement today: ” the first phase of the standby credit agreement with the international Monetary Fund included several reform requirements of the Iraqi economy, and performance standards, and financial management reform, reform.
some laws, procedures for restructuring the general budget, and maintain the central bank ‘s reserves, all of Iraq ‘s commitment to them. ”
Saleh added that” the willingness of credit with the international Monetary Fund by which it agreed to grant Iraq a financial loan of $ 5.3 billion agreement, includes 13 consultation or obligation , Iraq and the international Monetary
goldenbear says():Thoughts on this from article 1 tonight?… “”the central bank has no plans to raise the value of the dinar against the dollar””
hutch says to goldenbear():ARE YOU ON CALL ?
hutch says to goldenbear():WE WILL BE ADDRESSING IN A BIT
Elane says():who is speaking right now?
hutch says to Elane():WHEN?
Elane says():prior to the present speaker
magnetlady says():eLAINE current is Mr White
Elane says():Yes thankyou Mags… but prior to him
Elane says():its ok…nevermind
magnetlady says():rcooike has the softer voice
Elane says():tyvm
magnetlady says():Hutch has louder voice
Dinarian1 says():Hutch… It takes time to process things. You have to remember we are getting ALL this news at once. 🙂
clay01 says():Any comment on page 10 of article by IMF Hutch brought in to look at, section 16
hutch says():Parliamentary Finance calls to control the rate of the dinar against the dollar
9.15.2016 16:20 Where special parliamentary Finance Committee called on Thursday for control of the Iraqi dinar exchange rate against the dollar, by maintaining a reserve of hard currency.
The committee member said Sarhan Ahmed told all of Iraq [where] that ” the central bank has no plans to raise the value of the dinar against the dollar , ” pointing out that ” the rise of the dinar rate depends on the central bank ‘s reserves of hard currency and the non – oil and oil revenues coming into the country . ” .
He pointed out that ” the legislative track and other issues have an impact on the exchange rate, which calls for preservation of the Iraqi dinar exchange rate and maintain a reserve of hard currency.”
witnessing the Iraqi dinar exchange rate volatility apparent in the market where he will witness the dollar rise gradually in front of the dinar exchange.
he criticized a number of financial and political economists pursued by the Central Bank of Iraq and falling cash reserves during the recent years.
http://www.alliraqnews.com/modules/news/article.php?storyid=48301
hutch says to clay01():BRING IT IN
bubbles says to Elane():bgg
hutch says to bubbles():BGG NOT HERE
magnetlady says():BGG not on call tonight
kalis says():JABOURI STATES THAT ANY MOTOON TO REQUESTION ZEBARI IS ILLEGAL AS ALL QUESTIONING AND PROTOCOL CONCERNING 1ST ACTIONS INCLUDING VOTE ON WITHDRAWL CONFIDENCE “LEGAL PRIVILEGE”…
BARZANI BLOC GATHERS 115 SIGNATURES TO PROPOSE RE-VOTE ON ZEBARI ANSWERS AND BLOCK IMPEACHMENT…
http://www.dinarupdates.com/showthread.php?40997-NEWSTIME-WITH-RCOOKIE-MR-WHITE-and-HUTCH-Thursday-September-15-2016
Kalis says: So is he in or not .({) ????
kalis says():ZEBARI STATES 2017 BUDGET DEFICIT WILL BE $27 BILLION USD AND WARNS OF CHAOS AND CATASTROPHE…
http://www.dinarupdates.com/showthread.php?40997-NEWSTIME-WITH-RCOOKIE-MR-WHITE-and-HUTCH-Thursday-September-15-2016
hutch says():Governor of the Central Bank: IMF surprised Bamtlakena reserves exceed expectations
The governor of the Central Bank, on the Keywords, Iraq’s commitment to the pledges made to the International Monetary Fund Ptoukatadtha specific, especially as it is consistent with the orientations and objectives, noting that the fund be surprised that Iraq’s reserves of foreign currency more than its forecast of about ten billion dollars.
And concluded in the Jordanian capital, Amman, (the tenth of September now 2016), a new round of talks between Iraq and the International Monetary Fund on standby credit program for a loan worth $ 18 billion, to be completed in November.
hutch says():The governor of the central bank and the agency, Ali Ismail Keywords, in a press statement followed up by the “Economy News”, “the central bank introduced during the talks a detailed report on the action all carried out under an agreement with him,” adding that “the report stressed the central bank’s commitment to implementing more 20 pledge full proposal within the time specified timings. ”
He Keywords that those “commitments within the central bank’s plan originally, and relate multiple aspects, the most important measures to combat money laundering and terrorist financing,” noting that “the Bank has provided complete dossiers on the regulations and guidelines and instructions and electronic systems that done in this regard.”
hutch says():He said the central bank governor, said: “The report also included actions related to capacity building for both the Central Bank or other banks, with evidence relating to inspection and control,”
pointing out that “the Central Bank also provided with respect to the completion of Islamic Financial Institutions Act and the system of credit information at the national level and amendments to its law, the appointment of an external auditor to audit the reserves and the application and dissemination of financial stability indicators. ”
In the axis of his speech, the Reserve Central Bank foreign currency, and the look of the International Monetary Fund to him, said the Keywords, that “the IMF report showed that the reserve balance at the central bank more than he expected about $ 10 billion,” they returned to it, “Whatever index reserves on the performance of the Bank and adequacy, particularly because they increase the amount of local currency, the dinar, in circulation. ”
hutch says(): He said Governor of the Central Bank of Iraq, that “the calendar of the International Monetary Fund proves that the central bank’s performance was remarkable in light of the challenges facing Iraq and the conditions of unstable economically, financially, politically and security.”
Iraq and delivered by mid-July 2016, about $ 634 million, representing the first installment of the IMF loan, immediately after the IMF Executive Board approval, in (the seventh of this month), on the standby credit agreement with Iraq, noting that the term of the loan is five years low annual interest rate of one and a half percent (1.5%), and that the number of payments is 13 batch stretches over 36 months.
hutch says():The United States of America, confirmed in (the twentieth of April 2016), that the economic reforms the Iraqi government began to show the effects of an increase of non-oil imports, indicating that the Iraqi government’s success in reducing the budget deficit means obtaining a loan from the International Monetary Fund worth billions of dollars.
The appearance of Mohammed Saleh, said in an interview to the (long-Presse), in the (26th January 2016), that Iraq has agreed with the International Monetary Fund for long-term soft loans for the implementation of development projects,
noting that the fund is among other conditions, government expenses, and modified some procedures related to economic policies, while counting economist that “the most important” of those loans is to know the amounts that will be obtained during the year 2016.
The International Monetary Fund agreed in the (13 January 2016), to finance the deficit of the Iraqi budget through clouds of hard currency reserves, which led to the reduction of those reserves from $ 59 billion October 2015 end, to 43 billion during the current year 2016.
http://economy-news.net/content.php?id=5108
hutch says(): https://www.imf.org/external/pubs/ft/scr/2016/cr16225.pdf
hutch says():IMF LOI
https://www.imf.org/external/pubs/ft/scr/2016/cr16225.pdf
Read More :http://www.dinarupdates.com/showthread.php?40957-Thursday-September-15-2016/page2
clay01 says():16. The authorities will gradually remove remaining exchange restrictions and multiple currency practice (MCP) (MEFP, ¶14).
Such a move towards acceptance of the obligations under Article VIII of the IMF’s Articles of Agreement will send a positive signal to the investor community that Iraq is committed to maintain an exchange system that is free of restrictions and MCPs for current international transactions and thus facilitate creation of a favorable business climate.9
As a first step, the Council of Ministers will approve and introduce to parliament an amendment of the Investment Law, or the CBI will issue clarifying implementing regulations, to remove the limitation on transfer of investment proceeds that gives rise to an exchange restriction (SB, Table 5), as recommended by a recent technical assistance mission of the IMF.
As a second step, the CBI will increase the sale of foreign exchange for valid current exchange transactions on the official market in order to reduce the spread between the official and parallel exchange rates (¶10).
In particular, the CBI will, by the end of 2016, make the weekly limits on the purchase of cash at the weekly foreign currency auctions indicative, in the sense that any bank requiring additional cash for legitimate travel expenses for its clients will be able to obtain the required amount above these limits on the basis of appropriate documentation.
hutch says https://www.imf.org/external/pubs/ft/scr/2016/cr16225.pdf
bblue says():Yes Iam there
bibi says():i see it
daytrader says to hutch():Yes
Okie Dinar says():(y)
kalis says():(y)
bubbles says():table what?
Scotzgirl says():it’s on page 37 for me
hunter59 says():Yep see it
bibi says():I’m on page 31
magnetlady says():We are there
Okie Dinar says():page at the bottom page 31
1bobby says():That helpED TY
Okie Dinar says():yes
bubbles says():yes
bblue says():Yes
bibi says():yes
1bobby says():yes
kalis says():(y)
clay01 says():yep
bibi says():yes good
magnetlady says():yea
Okie Dinar says():yes
daytrader says to hutch():yes
bubbles says():ya
bblue says():Yes
subgirl says():yes 🙂
kalis says():(y)
bibi says():yes
bibi says():(y)
bibi says():yep
bblue says():I’m good
daytrader says to hutch():yep
Bosun Commander says():Yes
bubbles says():yes
subgirl says():yes thank you 🙂
magnetlady says():yes
clay01 says():(y)
1bobby says():perfect
hunter59 says():Yep
kalis says): yes
bibi says():got it bibi says():good for them! (v)
hutch says():DOES THIS TAKE THE GUESSWORK OUT?
subgirl says to hutch():yes it sure does!!!!
bubbles says):yeppers
subgirl says to hutch():thank you 🙂
magnetlady says():yes
bibi says():yes’
bblue says():yes
subgirl says to cricket22():641-715-3640 pin#528733
cricket22 says to subgirl():What are we saying yes to?
subgirl says to cricket22():
go to this link 🙂 https://www.imf.org/external/pubs/ft/scr/2016/cr16225.pdf
1bobby says():42.7
bibi says():we’re seeing it’
jetset says to cricket22():they are looking at the document on that linnk
daytrader says to hutch():42.7b
bibi says():42.7
bblue says():42.7
subgirl says to cricket22():42.7
kalis says():how come my name is not on the imf list ?.lol
cricket22 says to subgirl():I am on it now…Thank you so much!…I hope I didn’t miss much.
daytrader says to hutch():77.8b
subgirl says to cricket22():77.8
1bobby says():77.8
bibi says():77.8
subgirl says to hutch():cool 🙂
subgirl says to hutch():thanks!!!
https://www.imf.org/external/pubs/ft/scr/2016/cr16225.pdf
bibi says():awesome information! Thank you!
hutch says():THIS SHOULD DISPELL ALL OF THE FEAR MONGERS THAT COME INTO THE ROOM
kalis says():great
bibi says():it’s incredible
subgirl says to hutch():AMEN!
bibi says():how well things are going.
bibi says():watch the numbers!!
bubbles says():thanl you
bubbles says():thank
bblue says():There in black and white from the IMF. Thank you rcookie.
bibi says():trustworthy info. the REAL stuff
subgirl says to bibi():(y)
bibi says():yes
bblue says():yes
bibi says():seeing it’
1bobby says():yes
daytrader says to hutch():yes
bubbles says():yes
kalis says():(y)
speakwell says():yes
subgirl says():yep I am on it… 🙂
cricket22 says to subgirl():YES
Elane says():yes
1bobby says():?
hutch says():DOES THIS HELP ? AND DOES IT CLEAR SOME THINGS UP ?
Okie Dinar says to hutch():Yes!
bibi says to hutch():yes!
1bobby says():when social spending almost triples, does that not indicate a full private sector activation?
bibi says to hutch():thank you guys. you’re awesome
bubbles says():yes bibi says to hutch():ha
wickedwitch1 says():Oil prices on the chart shows 40.?? but the budget is for 43
magnetlady says():It sure does guys, That’s awesome
wickedwitch1 says():Can they get by40 with the
1bobby says():But they need revenue
wickedwitch1 says():Will 40 be sufficient for the budget or do they have to have 43
bibi says to hutch():I know this might seem rather “touchy feely” but can you give your personal take? Are you encouraged? (I know you are, but I want to hear you say it.)
bibi says to hutch():ha
hutch says to bibi()::D
bibi says to hutch():it’s so beautiful to hear this brilliance. but if they could say, “we’re so encouraged” it would be so awesome. ha!
clay01 says():Any thoughts about this letter saying they will cut back on oil production expansion
clay01 says(due to lack of revenue to do so
clay01 says():Expansion
daytrader says to hutch():OPEC production in August was over 33M BPD. Iraq’s 14% is nearly 5M BPD. Well above their 2017 budget of 3.6M BPD.
kalis says():what about this meet in oct 7-9 ?? what is your thought on this ?
bibi says():Absoluelyt
bubbles says():sure did
Idaho says():What about the liquified gas shipments part of the revenue or nonoil revenue?
bibi says():thank you! Awesome!
Nomad says():Great Job! Thank You, Thank You!!
pacella says():ARE THEY BACK TOO WORK YET?
hutch says to pacella():WHEN THEY RETURN FROM EID
pacella says():isn’t that today
hutch says to pacella():NO
Idaho says():What about the liquified gas shipments part of the revenue or nonoil revenue?
hutch says to Idaho():HANG ON
hutch says():ROOM IS YOURS
1bobby says():One of the best calls ever. Thanks guy’s and MAGS. Be blessed
Elane says():I must say this was a great call… thanks guys and gals!
seahawker51 says():Awesome call and very informative:-*
kalis says():i really do not undrstand if they getting loan why do they or even change the value of the dinar ? help me out here please
Read More :http://www.dinarupdates.com/showthread.php?40957-Thursday-September-15-2016/page2
rcookie says():THANKS FOR PARTICIPATING WITH NEWSTIME DU!!……
rcookie says():THE LOANS ARE FOR BUDGET DEFICIT GAP BRIDGING AND ESTABLISHING A GLOBAL CREDIT LINE & HISTORY..
kalis says():(y)
rcookie says():WAS THAT HELPFUL….TONIGHT..
subgirl says to rcookie():yes very helpful! 🙂 thank you all three for the great newstime!
dale says():Yes
rcookie says():Exchange Arrangement
Iraq’s de jure and de facto exchange rate arrangements have been retroactively reclassified to a conventional peg arrangement, effective January 15, 2012. The Central Bank Law provides the Board of the CBI with power to formulate exchange rate policy.
The CBI Board undertook a realignment of the peg from 1166 to 1182 dinar per USD on December 1, 2015, unifying the effective rates applicable to cash sales and transfers at 1190 including the central bank commission.
The CBI stands ready to provide foreign exchange at the official exchange rate plus commissions for permissible transactions through its daily auctions (allocations), establishing a peg.
However, because certain transactions are excluded from the access to the CBI auctions, many transactions take place at parallel market exchange rates. The CBI publishes the daily volume of the auction allocation on its website.
rcookie says():AND AS WAS POINTED OUT TONIGHT…
rcookie says(): Iraq continues to avail itself of the transitional arrangements under Article XIV, Section 2 but no longer maintains any exchange restrictions or multiple currency practices subject to Article XIV, Section 2, and currently maintains three exchange restrictions and one multiple currency practice (MCP) subject to Fund approval under Article VIII, Sections 2(a) and 3.
rcookie says():GN DU!…………
rcookie says():AND MCP…..DOESNT STAND FOR MASTERCARD PURCHASES……….
rcookie says to SRW():YVW…GN ALL…
Read More: http://www.dinarupdates.com/showthread.php?40957-Thursday-September-15-2016/page2
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