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


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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


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

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Established in 2006 as a Community of Reality

Many Topics Including The Oldest Dinar Community. Copyright © 2006-2020


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    Central Bank Governor: no room to cancel the sale of the dollar window, if canceled, the exchange ra

    Rocky
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    Central Bank Governor: no room to cancel the sale of the dollar window, if canceled, the exchange ra Empty Central Bank Governor: no room to cancel the sale of the dollar window, if canceled, the exchange ra

    Post by Rocky Wed 07 Dec 2016, 3:43 am

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    2016/12/07 | 10:40


    (Encyclopedia of the Day News | [You must be registered and logged in to see this link.] ) - Economy Naozachas Ghassan the judge considered the governor of the Iraqi Central Bank on the Keywords stop selling the dollar through selling currencies in the bank window will lead to the collapse of the Iraqi dinar financial situation in Iraq in general, stressing that to say that the central bank is obliged to carry out this task, though declined to perform this role for the collapsed financial situation in Iraq. 

    Keywords and said in an interview conducted by the CFTC and the economy News Agency on the sidelines of theannual conference of the Union of Arab Banks , which was held in Beirut recently to Waglguena sale Atarlasubh window Sarsrv Atarmabin 3, 4000 dinars, and maybe more. 

    He said the governor also Sndpartya case Cancel Currency window to print trillions of Aldnaniralaracah annually to cover the local need of the dinar, will lead to Iraq 's infrastructure to Anhiaralamlh due to inflation, Uma knows excessive cash. 

    And about the prospects float Aldenarabraghi , similar to other countries in the region, Keywords , said this matter is Matrouh sealed the moment, we are working to liberalize currency and not a float, a large difference between the two denied Keywords existence coin auction at the Central Bank, but the sale of foreign currency window , stressing that the central mediator between The Ministry of Finance and the public is not only. 

    Turning to the experience of Lebanon and Jordan, in the field of maintaining the stability of their currencies, adding that the situation in Iraq is different and noted that the solution in Iraq lies in reducing the demand for the dollar through the structure of the Iraqi economy correction, rather than through a reluctance to sell the dollar. 

    The governor stressed the central bank sought to settle the employees ' salaries in private banks, confirming the existence of a trend for the resettlement of all Iraqis salaries of employees over the next year in 2017 in the banks. 

    And welcomed the Governor of the Central Bank of any request to host the House of Representatives, stressing the importance of the meeting with the Parliament, on the basis of the fact that monetary policy specialty issue can not be dealt with from afar, or through skirmishes and analysis inaccurate. 

    This will be Nherns dialogue with the governor in Aladeddakadm magazine Iraqi banks issued by the Iraqi private banks association that


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    Central Bank Governor: no room to cancel the sale of the dollar window, if canceled, the exchange ra Empty Re: Central Bank Governor: no room to cancel the sale of the dollar window, if canceled, the exchange ra

    Post by wciappetta Wed 07 Dec 2016, 7:13 am

    Interesting comments... stopping dollar sales alone won't do it... Revalue and stopping dollar sales are tied together and simultaneous Can't have one without the other...The float comment is really a translation issue reference to Forex ....


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     Posted By editor 
    Economy News / special
     
    Ghassan judge
     
    He said the governor of the Iraqi Central Bank on the Keywords stop selling the dollar through selling currencies in the bank window will lead to the collapse of the Iraqi dinar financial situation in Iraq in general, stressing that to say that the central bank is obliged to do the job, though declined to perform this role for the collapsed financial situation in Iraq.
     
    Keywords and said in an interview conducted by the CFTC and the agency, "Economy News" on the sidelines of the annual conference of the Union of Arab Banks, which was held in Beirut recently to Waglguena sale Atarlasubh window Sarsrv Atarmabin 3, 4000 dinars, and maybe more.
    He said the governor also Sndpartya case Cancel Currency window to print trillions of Aldnaniralaracah annually to cover the local need of the dinar, will lead to Iraq's infrastructure to Anhiaralamlh due to inflation, Uma knows excessive cash.
     
    And about the prospects float Aldenarabraghi, similar to other countries in the region, Keywords, said this matter is sealed Matrouh moment, we are working to free floating currency and is not, a large difference between the two
     
    Keywords denied the existence of coin auction at the Central Bank, but the sale of foreign currency window, stressing that the central mediator between the Ministry of Finance and the public is not only.
     
    Turning to the experience of Lebanon and Jordan, in the field of maintaining the stability of their currencies, adding that the situation in Iraq is different 
     
    [size=32]He noted that the solution in Iraq lies in reducing the demand for the dollar through the structure of the Iraqi economy correction,
    rather than through a reluctance to sell the dollar. -[ we call that revalue]
     
    The governor stressed the central bank sought to settle the employees' salaries in private banks, confirming the existence of a trend for the resettlement of all Iraqis salaries of employees over the next year in 2017 in the banks.
     
    And welcomed the Governor of the Central Bank of any request to host the House of Representatives, stressing the importance of the meeting with the Parliament, on the basis of the fact that monetary policy specialty issue can not be dealt with from afar, or through skirmishes and analysis inaccurate.
     
    This will be Nherns dialogue with the governor in Aladeddakadm magazine Iraqi banks issued by the Iraqi private banks association that[/size]


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    weslin3
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    Central Bank Governor: no room to cancel the sale of the dollar window, if canceled, the exchange ra Empty Re: Central Bank Governor: no room to cancel the sale of the dollar window, if canceled, the exchange ra

    Post by weslin3 Wed 07 Dec 2016, 7:46 am

    On this float, would it just be not over 2% or under 2% range? Because under the IMF it has it pegged to the USD.
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    Central Bank Governor: no room to cancel the sale of the dollar window, if canceled, the exchange ra Empty Re: Central Bank Governor: no room to cancel the sale of the dollar window, if canceled, the exchange ra

    Post by fonz1951 Wed 07 Dec 2016, 7:52 am

    does the re-value concept not enter into your mind?
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    Central Bank Governor: no room to cancel the sale of the dollar window, if canceled, the exchange ra Empty Re: Central Bank Governor: no room to cancel the sale of the dollar window, if canceled, the exchange ra

    Post by wciappetta Wed 07 Dec 2016, 8:39 am

    weslin3 wrote:On this float, would it just be not over 2% or under 2% range? Because under the IMF it has it pegged to the USD.
    right, when they revalue then they will peg to dollar like you say +/- 2%


    _________________
    [You must be registered and logged in to see this link.]In the beginning was the Word, and the Word was with God, and the Word was God.... For from His fullness, we have all received and grace upon grace. For the Law was given through Moses; grace and truth came through Jesus Christ. No one has ever yet seen God. The only begotten God, the One being in the bosom of the Father, He has made Him known. - Berean Literal Bible
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    Central Bank Governor: no room to cancel the sale of the dollar window, if canceled, the exchange ra Empty Re: Central Bank Governor: no room to cancel the sale of the dollar window, if canceled, the exchange ra

    Post by weslin3 Wed 07 Dec 2016, 9:32 am

    fonz1951 wrote:does the re-value concept not enter into your mind?
    I like that mind-set fonz!  yes
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    Central Bank Governor: no room to cancel the sale of the dollar window, if canceled, the exchange ra Empty Re: Central Bank Governor: no room to cancel the sale of the dollar window, if canceled, the exchange ra

    Post by weslin3 Wed 07 Dec 2016, 9:34 am

    wciappetta wrote:
    weslin3 wrote:On this float, would it just be not over 2% or under 2% range? Because under the IMF it has it pegged to the USD.
    right, when they revalue then they will peg to dollar like you say +/- 2%
    That is what I'm waiting for.... Thanks ward.... drunk
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    Central Bank Governor: no room to cancel the sale of the dollar window, if canceled, the exchange ra Empty Re: Central Bank Governor: no room to cancel the sale of the dollar window, if canceled, the exchange ra

    Post by weslin3 Wed 07 Dec 2016, 9:39 am

    But my question is; CBI ready for this? We hope! bounce
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    Central Bank Governor: no room to cancel the sale of the dollar window, if canceled, the exchange ra Empty Re: Central Bank Governor: no room to cancel the sale of the dollar window, if canceled, the exchange ra

    Post by Ronbo Wed 07 Dec 2016, 10:51 am

    3, 4000? Interesting. Take away the 3 0's and what do ya get? Just typing out loud here. study
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    Central Bank Governor: no room to cancel the sale of the dollar window, if canceled, the exchange ra Empty Governor of the Bank: Cancel sell currencies window will lead to the collapse of Iraq's entire finan

    Post by Rocky Wed 07 Dec 2016, 2:39 pm

    Governor of the Bank: Cancel sell currencies window will lead to the collapse of Iraq's entire financial situation

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    BAGHDAD - The Journal News , 
    The governor of the Iraqi Central Bank on the Keywords that stopped selling the dollar by selling currency in the bank window will lead to thecollapse of the Iraqi dinar and financial situation in Iraq in general.
    Keywords and said in a statement on the sidelines of the annual conference of the Union of Arab Banks, which was held in Beirut, "said the central bank is obliged to do the job, though declined to perform this role for the collapsed financial situation in the whole of Iraq."
    He said the bank's governor "to Waglguena sell the dollar has become a window to the dollar price per between 3 and 4000 dinars, and maybe more.
    The governor pointed out that "in the event of cancellation of the current window of the currency will have to print trillions of Aldnaniralaracah annually to cover the local need of the dinar, which will lead to Iraqi Anhiaralamlh due to inflation, or what is known as excessive cash."
    And about the prospects float Aldenarabraghi, similar to other countries in the region, Keywords "This is not on the table, said at present, we are working to liberalize the currency and not float, a large difference between the two."
    Keywords denied the existence of coin auction at the Central Bank, but the sale of foreign currency window, stressing that the central mediator between the Ministry of Finance and the public is not only.
    He noted that the solution in Iraq lies in reducing the demand for the dollar through the structure of the Iraqi economy correction, rather than through a reluctance to sell Atar.anthy
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