Dinar Updates

Chat Room – Excerpts & Highlights
Pablo says():Let’s hope that reducing the exchange rate means a big reduction.
1bobby says():Parliamentary Finance demanding the central bank to intervene “urgently” to reduce dollar exchange rate
BAGHDAD / tomorrow Press:  Parliamentary Finance Committee called on Monday, the Iraqi Central Bank, to immediately intervene to reduce the dinar exchange rate against the dollar, while confirming that the dollar reached significant levels, she pointed out that this increase is exploited for certain users and vulnerable souls.
A member of the Commission, the pros Hamadoun, for “tomorrow’s Press,” “The Iraqi market has seen since the first day of the Feast So far, a rise in the dollar’s exchange rate against the dinar and reached significant levels,” pointing out that “this rally began exploited by weak-minded people to influence on the market. ”
Hamadoun added, “The only affected by this rise is a citizen, so there must be a quick intervention by the Central Bank as the regulator of banks and exchange companies and financial conversion, to put restrictions and strict penalties for violators.”
The show, “The committee monitors the rise cautiously and being in constant contact with the concerned authorities to find out why and stand on the resolution, fast and not through statements only.”
1bobby says():Hope that’s it
Holly1 says to 1bobby():I LIKE THIS …… fast and not through statements only.”
Holly1 says to 1bobby():Parliamentary Finance demanding the central bank to intervene “urgently” to reduce dollar exchange rate
Holly1 says to 1bobby():(F)
1bobby says():Will be interesting after the hoiliday and Abadi returning from NYC
1bobby says():Almost like we’re at the breaking point 🙂
Holly1 says to 1bobby():NO I THINK IMO…..IRAQ IS AT A BREAKING POINT …. (v)
1bobby says to Holly1():100%
clay says to 1bobby():GM 🙂
1bobby says to clay():GM Hope you and yours had a great weekend
clay says to 1bobby():thanks 🙂 back at ya
1bobby says():Parliamentary Finance ruled out the involvement of the central bank height of dollar
Views 71 Date 19/09/2016 – 17:59  Economy News / special
Finance Committee ruled out Iraqi central bank is involved in the rise of the dollar these days.
He said the Commission decision of Hama Rashid Ahmed said in an interview for “Economy News”, the rise recorded by the stock exchange in the exchange companies and markets have confused the market, warning of its expansion to higher levels.
Rashid said that the central bank is trying to dominate the market and to the Iraqi dinar in recent procedures for banks and companies money transfer, which is not involved height of the dollar, which means that he is not deliberately to raise the price of the dollar against the dinar, but there are mafias working on it.
Rashid demanded the Iraqi Central Bank to more caution and attention to such attempts and focus on measures and implement a diaper on the market and not to slouch dinar losing heavily against the dollar.
And saw the foreign exchange markets in Iraq, for almost a week, up to the price of the dollar against the Iraqi dinar in which the $ 100 category amounted to 129,500 dinars. AJ
Read More   http://www.dinarupdates.com/showthread.php?41195-Parliamentary-Finance-ruled-out-the-involvement-of-the-central-bank-height-of-dollar
1bobby says():From MadScout
david334 says():Isn’t the $ strength being attributed to the EID holiday and the $3,000 exchange limit. Seems as long as there is an auction mechanism manipulation will continue.
david334 says():If you look at Vietnam the country is booming, foriegn direct investment booming, credit ratings on banks going up , non performing loansdown big but the currency is lower than the dinar. Best metrics of any country and the currency is worthless so I dont understand anything.
rcookie says():Gold ingot weighing a kg
Iraq ranks 37th worldwide gold reserves to 89.9 tons
Author: AB Editor: AB 19/09/2016 15:15 Number of Views: 397
Long-Presse / Baghdad  It announced the World Gold Council on Monday that Iraq was ranked 37th by gold reserves of 100 state reserves amounted to 89.9 tons, and as revealed that the proportion of its gold reserves in terms of 7.1% of its reserves of foreign currency, he pointed out that Iraq did not buy gold since April from 2014 in which 15.16 tonnes bought.
World Gold Council said in a statement reported by his website and I followed (the long-Presse), said that “Iraq’s reserves of gold remained stable and did not change, reaching 89.9 tons,” pointing out that “this amount represents 7.1% of its reserves of foreign currency, after it had been represented 4.6% during the month of January. ”
He said the Council, that “Iraq did not buy gold since last buy him in April 2014 in which 15.16 tonnes bought,” noting that “Iraq was ranked 37 out of 100 countries possess reserves of gold have been included within the global central bank reserve report.”
The World Gold Council revealed, in January 2016, that Iraq had gold reserves of 89.8 tons, slipping from 2014, during which amounted to about 90 tons, and as he emphasized that it represents 4.6% of its reserves of foreign currency, pointed out that Iraq ranks 37th among the 100 countries that possess reserves of gold.
The Central Bank of Iraq, announced in April 2014, the arrival of gold reserves to 90 tonnes to support the value of the Iraqi dinar, noting that it contributes to the strengthening of the national economy.
The Central Bank of Iraq, announced in March 2014, to buy 36 tons of pure gold to raise its capacity backup, he returned it aims to achieve “the highest safety of the financial” for Iraq in the world.
david334 says():Wonder why gold funds are seeing big redemptions?
david334 says():4.6% of FX reserves which are $53 billion. doesn’t add up.
rcookie says():Central: Baghdad card giants Wi Kate prior to the non – payment cards are licensed
The central bank denies ads social networking granting new licenses for credit card
economic Number of readings: 7 19/09/2016 14:23 National Center Brief / denied the central bank, on Monday, granting licenses to two private companies to issue a credit card.
The bank said in a statement that “the ads calling communication and social and private export credit cards locations and subsidiaries of the two [IGATE, Baghdad Card] as unlicensed.
He added that “these two companies have not advanced any rudiments for the purpose of obtaining a work permit from us, explaining that” any company granted a license to engage in this work is published details on the official website of the Central Bank of Iraq.
Some social networking sites launched a special export prepaid cards announcements [credit] and part of my company [IGATE, Baghdad Card].
BobG says():Morning Peeps
rcookie says():Nassif: Zebari , following in the footsteps Khalid al – Obeidi , the article and the withdrawal of confidence with him is imminent
header Saudi Foreign Minister: Tehran was involved in several terrorist operations around the world header International Alliance of arming the two brigades of the Peshmerga in preparation for the Liberation of Hawija header Turkish jets bombed PKK positions near Amadiyah northern Iraq header Yıldırım:
Turkey is not Iraq or Syria and the PKK Kurdish people hurt more than others header Central: Baghdad card giants Wi Kate prior to the non – payment cards are licensed header Qaddo criticizes exacerbate differences and the desire of some power and uniqueness of Mosul ‘s population languishing under the weight of Daesh header Daini for “Tigris”:
an armed group threatening the people of Balad Ruz front sight of security forces header Muqdadiyah Council postpones election of a new Mayor for lack of a quorum session header Bloc citizens:
the Kurdistan Democratic Party put pressure on some of the blocks to change its own toward Zebari header Sire:
There is pressure put on some lawmakers to change their convictions and past Parliament procedures to withdraw confidence
Nassif: Zebari , following in the footsteps Khalid al – Obeidi , the article and the withdrawal of confidence with him is imminent
Nassif: Zebari , following in the footsteps Khalid al – Obeidi , the article …
19-09-2016 02:36 PM   Said MP from the Front reform high Nassif said Finance Minister Hoshyar Zebari, following in the footsteps Khaled al-Obeidi article.
Nassif explained that the Kurdistan Democratic Party leads the new alliances in order to obstruct the withdrawal of confidence from Zebari, denying the existence of any legal provision authorizing the re-vote on the conviction of the minister or not.
She Nassif that the withdrawal of confidence from Zebari is imminent and that the House of Representatives in the past interrogate all the ministers for negligence when the files is completed interrogating them, regardless of their addresses.
rcookie says():Zebari comment on not going to Washington
Politician Number of readings: 130 19/09/2016 14:59
BAGHDAD / National Bri / NNC / center – Finance Minister Hoshyar Zebari said that persuaded the decision of the Iraqi Council of Representatives at its upcoming on Tuesday.
Zebari said the center Bri National / NNC / ” The Iraqi Council of Representatives shall bear national responsibility in the political and economic realities in the country and address the Maigrrh in on the withdrawal of confidence or not is the focus of the trust and respect and appreciation.”
He added that “not my going with Prime Minister Haider al – Abadi to Washington comes out of respect for the will of the House of Representatives order not to put myself in an awkward position if the Council voted to withdraw confidence from me.”
Wei anticipation and Finance Minister Hoshyar Zebari self – determination tomorrow , when parliament will hold a special session to decide on his dismissal or renewal of confidence in him on charges of financial corruption.
According to government reports that the World Bank sent a signal to the government and parliament has reservations about the dismissal of the Minister of Finance the fact that contrary to what was agreed upon with Iraq in obtaining international loans.
Okie Dinar says to rcookie():Good morning Rcookie! Thank you for all the news this morning! 🙂
rcookie says():GM OKIE!!….YVW..
rcookie says():LOOK FOR THE MOVIE…MR ZEBARI DOESNT GO TO WASHINGTON……
Elane says():Thanks everyone and great good morning…. all great news…. Good signals.. to us!
Elane says():imo
Ame says():I agree Elane
Okie Dinar says to Elane()::)
jimplants says():i do believe i read that the kurds have struck a deal to cut Z lose for kurkut and mosul
rcookie says():19-09-2016 02:02 PM Central calls to investigate the licensed companies for credit cards via the official website of the Bank only
He denied the central bank, on Monday, granting licenses to two private companies to issue a credit card.
The bank said in a statement news agency received a copy of it ‘that the ads calling on the social networking and private export credit cards locations and subsidiaries of the two [IGATE, Baghdad Card] as unlicensed.
He An’hatin the two companies did not progress any rudiments for the purpose of obtaining a work permit from us, explaining that ‘any company granted a license to engage in this work is published details on the official website of the Central Bank of Iraq.
Some social networking sites launched a special export prepaid cards announcements [credit] and part of my company [IGATE, Baghdad Card].
rcookie says():The central bank denies granting two licenses to issue credit cards
Author: AB, ASJ, HH  Editor: AB, HH 19/09/2016 13:17 Number of Views: 640
Long-Presse / Baghdad   Denied the Iraqi Central Bank, on Monday, the granting of licenses for two local companies to issue prepaid cards (credit cards), and as he emphasized that the two companies did not MAKE ANY rudiments for the purpose of obtaining a work permit, he noted that the publication of licenses granted to companies on their official details.
The central bank said in a statement received (range Press), a copy of it, that he “would like to show our valued audience that the ads launched on the social networking and other electronic sites and for the export of prepaid cards belonging to the two sites (IGATE, Baghdad Card) is licensed by the Bank “.
The bank said, “The two companies did not MAKE ANY rudiments for the purpose of obtaining a work permit from the bank,” adding that “any company granted a license to engage in this work is published details on the official website of the Central Bank of Iraq.”
rcookie says():Obama Abadi discuss the restoration of Mosul
19/09/2016 Now -skaa News 12:09:20 PM   Obama Abadi discuss the restoration of Mosul
Looking the US president, Barack Obama, with Iraqi Prime Minister Haider al-Abadi, the restoration of the city of Mosul from the grip of the terrorist organization Daesh strategy.
She said the agency ‘Associated Press’ that Obama will meet on the margins Abadi United Nations General Assembly meetings in New York.
The meeting comes at a critical for Obama, who is nearing completion on a second mandate, and seek during the remaining three months to make progress against al Daesh time.
The Obama administration believes that al-Abadi has made progress in the face of sectarian approach taken by his predecessor, Nouri al-Maliki.
Show many approaching the battle of Mosul indicators in light of changes made by the US military in Iraq for his leadership there, also visited the US Vice Foreign Minister nTune Blinken Baghdad and Iraqi Kurdistan, in an apparent attempt to coordinate the escort of the battle of political efforts.
US officials said on Sunday that the battle of the restoration of Mosul, which was dominated by the Daesh 2014, will start next October, and in light of the significant preparations carried out by Iraqi forces for this purpose.
clay says to rcookie():thanks for the news 🙂
rcookie says():Abadi will meet on the sidelines of the General Assembly meetings of Obama and a number of prominent leaders and the heads of the world
19-09-2016 10:54 AM    It announced the Office of the Prime Minister Haider al-Abadi on the work of the latter’s visit to New York City to attend the United Nations General Assembly agenda.
A spokesman for the office, Saad al-Hadithi said the prime minister left for New York City to attend the annual meetings of the General Assembly of the United Nations, pointing out that Iraq Abadi, will deliver a speech during the meetings of the General Assembly, which weeklong
He said Sabri said Abadi, will meet on the sidelines of the General Assembly a number of prominent leaders and the heads of the world, led by US President Barack Obama ‘, adding that the economic profile of the financial crisis will be at the forefront of the files to be examined by Abadi, where would urge the countries of the world, particularly the donor countries to speed up the project financing process and grants to rebuild the affected areas in order to speed up the return of displaced persons. ”
Sabri also pointed out that the prime minister will discuss with the leaders and the heads of the world who will meet with developments in the war against Daesh and victories achieved by the joint forces, and the ongoing preparations for the Liberation of Mosul.
– See more at:   http://translate.google.com/translate?depth=2&hl=en&prev=search&rurl=translate.google.com&sl=ar&u=http://www.dijlah.tv/index.php%3Fpage%3Darticle%26id%3D191748#sthash.mHmpEA34.dpuf
Movack says():Good morning all
Movack says():Is there anyone that wants to way in on this news clip and give their understanding on. Question I have is do es anyone thing that Zabari is staying or is he getting the boot. —Oan- Baghdad] revealed the Office of the Prime Minister ‘s apology Finance Minister Hoshyar Zebari to accompany Prime Minister Haider al – Abadi on his visit to New York that it is directed Sunday evening.
A spokesman for the Information Office of the Prime Minister, Saad al – Hadithi, in a press statement, that ” the President of the Presidium of the Kurdistan region, Fuad Hussein [who is close to the region ‘s president , Massoud Barzani, accompanied by the Prime Minister, to America,” he said , “was scheduled to participate Minister financial Hoshyar Zebari, but he apologized to participate visit ” . Without that explains the reasons for this.
the Osaf Hadithi said Abadi” is leading a delegation to the United States, to participate in the activities of United Nations General Assembly. ”
the Prime Minister Haider al – Abadi, went on Sunday evening to New York at the head of an official delegation to attend the meetings of the General Assembly of the United Nations 71.
the session noted a statement by his press office said Abadi , “will deliver the word Iraq in the United Nations will also hold a number of meetings with world leaders and international organizations.”
Ebadi said in a press conference held after the Council meeting Cabinet today that he will meet with 30 leaders and heads of state on the sidelines of the General Assembly of the United nations meeting , including US President Barack Obama “at the request of ” the latter.
it is said that Finance Minister Hoshyar Zebari, is facing corruption charges is likely to show no – confidence vote in the parliament session scheduled held next Wednesday.
the House of Representatives, had been questioned in the 27 of last August Zebari [leader of the Kurdistan Democratic party and voted not to conviction Bojobth a move that could pave the way for his dismissal soon.
the prime minister Haider al – Abadi that interrogations parliament unconstitutional a legal right to him, but he stressed at the same time the need to remove them from the “political target”.
he accused Zebari, head of a coalition of state law , Nuri al – Maliki, to “stand behind the questioning to topple the government and parliament , ” he said.
he was scheduled to vote at its 8 September this on the withdrawal of confidence from Finance Minister but the lack of quorum prevented the meeting which postponed until after the Eid al – Adha holiday.
1bobby says to Movack():From my understanding, he didn’t make the trip to NYC with Abadi
Movack says():that is correct
Movack says():but is he going to get the boot or not
1bobby says to Movack():So if your going there asking for monetary help with the displaced and your Finance Minister is left behind, the writings on the wall
1bobby says to Movack():I’m sure we’ll know more Wednesday when Parliament meets. Or at least a direction they might take
Movack says():that to me would seem to be very disruptive at this moment in time or maybe I’m wrong in thinking that?
Movack says():Sorry my typing is messed up this morning
1bobby says to Movack():They seem to be getting along with their Defense Minister, so I don’t see that as a big deal Just my opinion of course
Movack says():anyone follow JC Collins?
Movack says():have found him spot on in past atrticles
Movack says():in a worldly way
Read More: http://www.dinarupdates.com/showthread.php?41149-Monday-September-19-2016
BGG Blog