Established in 2006 as a Community of Reality

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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.

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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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Neno
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    The Central Bank takes measures to revitalize the banking sector

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    The Central Bank takes measures to revitalize the banking sector  Empty The Central Bank takes measures to revitalize the banking sector

    Post by day dreamer Mon 09 Feb 2015, 7:50 pm

    The Central Bank takes measures to revitalize the banking sector                 



    التاریخ: 2015-02-09 22: 55  

    [ltr]Information/Baghdad/..
    The Iraqi Central Bank decided Monday to support the liquidity of commercial banks specialized in Iraq by 5 trillion dinars, to enable them to provide housing loans and real estate of industrialists and farmers, support to economic activity and job creation.
    The Bank said in a statement received agency/information/copy, he "decided to finance the State budget with a loan worth 6 trillion dinars, run through 50 percent of commercial banks ' reserves deposited with him, and buy back the bonds from the secondary market, it will buy about 5 trillion dinars as a first step," adding that "these measures do not affect the reserve/Central Bank of more than 70 billion dollars."
    The Central Bank made the decision also includes the appointment of a representative of the private banks for the first time in the Bank's Board of Directors, with the approval of GE to cover whole h s bank accounts abroad in dollars, to ensure the financing of imports and other targets, without the need to go to the window where the currency sold. "
    The statement said the Central Bank will monitor these processes within a simplified and transparent mechanism, with a plan to avoid claims for credit instead of the current method with the banks, with speedy in guaranteeing bank deposits law proceeds further, the Government's recommendation to Paul State instruments of private banks, as well as the receipt of taxes and fees for their interest in the formation of the Commission strayed into Iraq to reconsider the structure of benefits to enhance the provision of credit and liquidity ".
    Finished/25 [/ltr]
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    Post by Neno Mon 09 Feb 2015, 7:53 pm

    it will buy about 5 trillion dinars as a first step,
    Can have mine for the Kuwaiti rate... thumbs2
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    Post by Pinoy10 Mon 09 Feb 2015, 7:56 pm

    Ha....I second that thought.....lol
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    Post by day dreamer Mon 09 Feb 2015, 8:19 pm

    Neno wrote:it will buy about 5 trillion dinars as a first step,
    Can have mine for the Kuwaiti rate... thumbs2



    man I can't wait to get pass this step of the hcl   so  we can move on to the CBI Gov
    then reach the step of allowing them to buy ours back tongue
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    Post by Screwball Mon 09 Feb 2015, 9:15 pm

    Neno wrote:it will buy about 5 trillion dinars as a first step,
    Can have mine for the Kuwaiti rate... thumbs2
    There's is a bit low at the moment! How aout a penny higher!
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    Post by Neno Mon 09 Feb 2015, 9:19 pm

    day dreamer wrote:
    Neno wrote:it will buy about 5 trillion dinars as a first step,
    Can have mine for the Kuwaiti rate... thumbs2



    man I can't wait to get pass this step of the hcl   so  we can move on to the CBI Gov
    then reach the step of allowing them to buy ours back tongue
    DD, adding that these measures do not effect the reserves. You thinking what I am? How about oil certificates.... wink
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    Post by day dreamer Mon 09 Feb 2015, 9:40 pm

    Neno wrote:
    day dreamer wrote:
    Neno wrote:it will buy about 5 trillion dinars as a first step,
    Can have mine for the Kuwaiti rate... thumbs2



    man I can't wait to get pass this step of the hcl   so  we can move on to the CBI Gov
    then reach the step of allowing them to buy ours back tongue
    DD, adding that these measures do not effect the reserves. You thinking what I am? How about oil certificates.... wink


    Yes Sir! flower
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    Post by tilemaster Tue 10 Feb 2015, 12:00 am

    Excuse my stupudity but how does buying oil certificates help us
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    Post by Neno Tue 10 Feb 2015, 7:16 am

    Just something we speculated eould happen that all countries would do when trading dinar back to Iraq with out depleting their reserves. Been said for years also as possibly a deal leaked with the US Treasury. For those I know that had some pretty good indications of this is why I ask, if they were thinking the same. As for us, if this was to really happen, then the exchange rate of whatever could be supported again, with out depleting the reserves. Everyone including myself should have reasons why your still a holder of the dinar, this just happens to be one of mine. I others but called this one out.
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    Post by fonz1951 Tue 10 Feb 2015, 8:39 am

    oh; i have reasons to still be a dinar holder alright. and this definitely is one more reason.

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