Established in 2006 as a Community of Reality

Welcome to the Neno's Place!

Neno's Place Established in 2006 as a Community of Reality

I would like all Members and Guest to view CryptoTravel.biz as this is my company I promote.




Neno

I can be reached by phone or text 8am-7pm cst 972-768-9772 or, once joining the board I can be reached by a (PM) Private Message.
Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2019


Parliament finishes the first reading of the proposed amendment to the law of the third central bank

rocky
rocky
NNP TEAM
NNP TEAM

Posts : 175902
Thanked : 11439
Join date : 2012-12-21

parliament - Parliament finishes the first reading of the proposed amendment to the law of the third central bank - Page 2 Empty Parliament finishes the first reading of the proposed amendment to the law of the third central bank

Post by rocky on Wed 13 Nov 2019, 12:10 pm

First topic message reminder :


Parliament finishes the first reading of the proposed amendment to the law of the third central bank law

18:04 - 13/11/2019



[You must be registered and logged in to see this link.]
About / Baghad ..
The House of Representatives on Wednesday completed the first reading of the proposed third amendment to the Central Bank law.
The reporter / information / The House of Representatives has finished the first reading of the proposed amendment to the law of the third amendment to the Central Bank of Iraq issued by order No. (56) for 2004 from the Coalition Provisional Authority (dissolved).
Earlier on Wednesday, the House of Representatives held its 14th session of the fourth parliamentary session, the second legislative year, the first legislative term, chaired by Mohammed Halbousi and the presence of 229 deputies. Finished 25 h


[You must be registered and logged in to see this link.]
Screwball
Screwball
Interacting Investor
Interacting Investor

Posts : 3386
Thanked : 925
Join date : 2012-12-19

parliament - Parliament finishes the first reading of the proposed amendment to the law of the third central bank - Page 2 Empty Re: Parliament finishes the first reading of the proposed amendment to the law of the third central bank

Post by Screwball on Thu 14 Nov 2019, 11:20 pm

[You must be registered and logged in to see this link.] wrote:Check this out for today..


oreign Currency Selling Window for 18/11/2019 that performed on 14/11/2019


 

Announcement No.(4081)


Sale Date -  18/11/2019 that performed on 14/11/2019
DetailsAmount
Total sale for the purpose of strengthen outside assets (Transfers and credits)174,183,022
Total sale cash0
Total sale amount
174,183,022
Note:

  • Selling price of remittance money to bank accounts outside is (1190) ID for each Dollar.
  • Cash selling price is (1190) ID for each Dollar.





ending auctions maybe...
weslin3
weslin3
Interacting Investor
Interacting Investor

Posts : 7148
Thanked : 2071
Join date : 2012-12-19

parliament - Parliament finishes the first reading of the proposed amendment to the law of the third central bank - Page 2 Empty Re: Parliament finishes the first reading of the proposed amendment to the law of the third central bank

Post by weslin3 on Fri 15 Nov 2019, 8:26 am

Thank you Screwball... Could be a start...
Readytogo
Readytogo
Understood Investor
Understood Investor

Posts : 128
Thanked : 112
Join date : 2013-06-30

parliament - Parliament finishes the first reading of the proposed amendment to the law of the third central bank - Page 2 Empty Re: Parliament finishes the first reading of the proposed amendment to the law of the third central bank

Post by Readytogo on Sat 16 Nov 2019, 3:05 pm

[You must be registered and logged in to see this link.] wrote:Check this out for today..


oreign Currency Selling Window for 18/11/2019 that performed on 14/11/2019


 

Announcement No.(4081)


Sale Date -  18/11/2019 that performed on 14/11/2019
DetailsAmount
Total sale for the purpose of strengthen outside assets (Transfers and credits)174,183,022
Total sale cash0
Total sale amount
174,183,022
Note:

  • Selling price of remittance money to bank accounts outside is (1190) ID for each Dollar.
  • Cash selling price is (1190) ID for each Dollar.



I would like to know more about this!
weslin3
weslin3
Interacting Investor
Interacting Investor

Posts : 7148
Thanked : 2071
Join date : 2012-12-19

parliament - Parliament finishes the first reading of the proposed amendment to the law of the third central bank - Page 2 Empty Re: Parliament finishes the first reading of the proposed amendment to the law of the third central bank

Post by weslin3 on Sun 17 Nov 2019, 7:38 am

Foreign Currency Selling Window for 18/11/2019 that performed on 17/11/2019

 

Announcement No.(4081)

Sale Date -  18/11/2019 that performed on 17/11/2019
Details Amount
Total sale for the purpose of strengthen outside assets (Transfers and credits)174,183,022
Total sale cash25,530,000
Total sale amount
199,713,022
Note:

  • Selling price of remittance money to bank accounts outside is (1190) ID for each Dollar.
  • Cash selling price is (1190) ID for each Dollar.



Back to the same old same old!
Proven
Proven
NNP TEAM
NNP TEAM

Posts : 1675
Thanked : 1351
Join date : 2012-12-21

parliament - Parliament finishes the first reading of the proposed amendment to the law of the third central bank - Page 2 Empty Re: Parliament finishes the first reading of the proposed amendment to the law of the third central bank

Post by Proven on Sun 17 Nov 2019, 8:30 pm

Take a look at this article: 


17-11-2019 01:28 PM
Source: The sale of dollars in the central bank stopped blocking the arrival of large fake funds to Iran


[You must be registered and logged in to see this image.]




Baghdad / News
WASHINGTON (Reuters) - A halt to the dollar's sale at the central bank has prevented large fake funds from reaching Iran, an informed source said on Sunday.
"The central bank is wasting money that can build 200 schools and 50 hospitals each year because of the currency auction," the source told Al-Ikhbaria.
"The currency auction gives fake commercial agencies millions of dollars a day without any restriction," the source said, speaking on condition of anonymity.
He added that "stop selling the dollar in the Central Bank in the past days because of demonstrations and new measures prevent the arrival of large fake commercial funds to Iran through its intermediaries."


[You must be registered and logged in to see this link.]
Screwball
Screwball
Interacting Investor
Interacting Investor

Posts : 3386
Thanked : 925
Join date : 2012-12-19

parliament - Parliament finishes the first reading of the proposed amendment to the law of the third central bank - Page 2 Empty Re: Parliament finishes the first reading of the proposed amendment to the law of the third central bank

Post by Screwball on Sun 17 Nov 2019, 8:35 pm

[You must be registered and logged in to see this link.] wrote:Take a look at this article: 


17-11-2019 01:28 PM
Source: The sale of dollars in the central bank stopped blocking the arrival of large fake funds to Iran


[You must be registered and logged in to see this image.]




Baghdad / News
WASHINGTON (Reuters) - A halt to the dollar's sale at the central bank has prevented large fake funds from reaching Iran, an informed source said on Sunday.
"The central bank is wasting money that can build 200 schools and 50 hospitals each year because of the currency auction," the source told Al-Ikhbaria.
"The currency auction gives fake commercial agencies millions of dollars a day without any restriction," the source said, speaking on condition of anonymity.
He added that "stop selling the dollar in the Central Bank in the past days because of demonstrations and new measures prevent the arrival of large fake commercial funds to Iran through its intermediaries."


[You must be registered and logged in to see this link.]
would you say change in value is imminent......I would
Screwball
Screwball
Interacting Investor
Interacting Investor

Posts : 3386
Thanked : 925
Join date : 2012-12-19

parliament - Parliament finishes the first reading of the proposed amendment to the law of the third central bank - Page 2 Empty Re: Parliament finishes the first reading of the proposed amendment to the law of the third central bank

Post by Screwball on Sun 17 Nov 2019, 8:36 pm

end of auctions coming very soon...the end is near...
noced71
noced71
Cain't Let Go Investor
Cain't Let Go Investor

Posts : 360
Thanked : 240
Join date : 2012-12-19

parliament - Parliament finishes the first reading of the proposed amendment to the law of the third central bank - Page 2 Empty Re: Parliament finishes the first reading of the proposed amendment to the law of the third central bank

Post by noced71 on Sun 17 Nov 2019, 8:37 pm

....whut?!?!?  Reuters is saying the Auctions have stopped??!?! I hope this is a permanent situation.
Screwball
Screwball
Interacting Investor
Interacting Investor

Posts : 3386
Thanked : 925
Join date : 2012-12-19

parliament - Parliament finishes the first reading of the proposed amendment to the law of the third central bank - Page 2 Empty Re: Parliament finishes the first reading of the proposed amendment to the law of the third central bank

Post by Screwball on Sun 17 Nov 2019, 8:42 pm

[You must be registered and logged in to see this link.] wrote:....whut?!?!?  Reuters is saying the Auctions have stopped??!?! I hope this is a permanent situation.
it would appear so
rocky
rocky
NNP TEAM
NNP TEAM

Posts : 175902
Thanked : 11439
Join date : 2012-12-21

parliament - Parliament finishes the first reading of the proposed amendment to the law of the third central bank - Page 2 Empty Iraq halts plans to cut zeros off dinar currency-cabinet APRIL 12, 2012 / 2:10 PM / 8 YEARS AGO

Post by rocky on Mon 18 Nov 2019, 1:30 am


[size=40]Iraq halts plans to cut zeros off dinar currency-cabinet


[/size]APRIL 12, 2012 / 2:10 PM / 8 YEARS AGO


[You must be registered and logged in to see this link.] https://www.reuters.com/article/iraq-currency/iraq-halts-plans-to-cut-zeros-off-dinar-currency-cabinet-idUSL3E8FC8G120120412* Cabinet says stops plans to redenominate dinar “until further notice”
* Iraq has over 30 trillion Iraqi dinars in circulation
* Plan to trim zeros not seen as a priority
By Aseel Kami
BAGHDAD, April 12 (Reuters) - Iraq has decided to hold off on a plan to knock three zeros off the nominal value of bank notes of its currency because it does not believe the economic climate is suitable, the cabinet secretary said on Thursday.
The central bank said last August it planned to redenominate the Iraqi dinar to simplify financial transactions in an economy that is still heavily centralised and dominated by oil, and where deals are often carried out in cash.
The proposal to restructure the dinar to bring more liquidity into the market has been awaiting parliamentary approval since last year.
On Thursday, a statement on the website of the cabinet secretary said the cabinet had decided to halt all procedures relating to the redenomination of the dinar “until further notice”.

“The economic committee discussed this issue and so did cabinet ... There is a possibility that it could cause some problems in the economic situation. Besides that, this operation is so big that cabinet sees circumstances are not right to control this,” cabinet secretary Ali al-Alaq told Reuters.
Iraq is slowly getting back on its feet after years of war and sanctions. Oil accounts for 95 percent of government revenues and the country’s banking system is still highly underdeveloped.

HUGE PROCESS


The central bank has kept the dinar fixed at 1,170 dinars to the dollar in its daily auction but it recently moved to revalue the dinar slightly to 1,166 dinars after demand for the U.S. currency soared.
The central bank said it also had to tighten regulations over who can participate in the auctions as Iraqi traders sought to snap up dollars for resale in neighbouring Syria and Iran, both under Western economic sanctions.

Sales of dollars in currency auctions held by Iraq’s central bank rose as high as $400 million on some days in December from a previous average of $150 million, according to central bank data.
“We have more than 30 trillion dinars in circulation. To withdraw this amount from the market and then to examine them and to dispose of them is a huge process. Even the technical and the monetary capabilities to control a process like this, we consider as insufficient and it is not seen as a priority currently,” Alaq said.
The central bank says Iraq’s large foreign reserves, which have risen to a record $60 billion on the back of high oil prices, will shield it from any damage to its financial system on the national level.



[You must be registered and logged in to see this link.]

more here [You must be registered and logged in to see this link.]

Sponsored content

parliament - Parliament finishes the first reading of the proposed amendment to the law of the third central bank - Page 2 Empty Re: Parliament finishes the first reading of the proposed amendment to the law of the third central bank

Post by Sponsored content


    Current date/time is Sun 08 Dec 2019, 6:39 am