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ol lar says():this is amazing from bookumdano

ol lar says():Home
News Ticker
Upgrading of Iraqi currency

Written by Economic news editor Date: July 9, 2016In: News Ticker , economic pen , articles1 Comment
iraq-dinar-4
Special – NEN Iraq
Author – Ahmad Salami

– Dinar plastic (polymer)
– Restructuring of the Iraqi currency
– Re-evaluate the value of the dinar
– Iraqi dinar (polymer):

1.eetm the use of plastic money and made of material plastic polymer high-efficiency rather than paper made from cotton material and paper used in the money industry today and that are exposed to rapid deterioration use life short and the movement of disease transition and endemic and infectious bunches bacterial with it and move on to people when you touch Kalmndel infested.

2. plastic money outlives most of its peers paper twice a number of years and do not affect the high temperatures and humidity, water, dyes, crushing and does not allow the formation of clusters of bacterial Ovairoseh.

3. plastic money security features very high degree forgery make it almost impossible to 99.9%.

4. plastic money can be recycled after it is damaged and the use of new raw materials reduces costs to a very high percentage Unlike paper that Taathra and lose parts and comes with stickers or dyes, which burned and then buried. Nor used as the raw material.

5. alncod plastic as far as being the most evolved its industry costs less than the cost of paper-based counterparts.

6.dol world began a gradual transition to plastic money instead of paper and the first Arab state of Kuwait is applied to the new currency system.

– Of Iraqi cash reserves of $ 53 billion for the year 2016
– Iraq has reserves of 90 tons of gold
.. This is the cover of the Iraqi dinar.
-hiklh Iraqi currency:
– It must be the value of the Iraqi dinar to reflect the value of this financial cover
– And who is currently (1118) dinars to one US dollar

(According to the Central Bank of the price, of course), a very low value of digitally ..
Make it difficult to deal externally Dinars let alone inside Iraq.

Iraq needs to restructure its currency (Iraqi dinar):

1. Delete the zeros phantom inflation inherited from the siege and war ..
2. Be the dollar value of 1 is equal to 1 dinar and 118 fils.

3.eetm payment in Iraqi dinars for imports from China, Iran, Russia and Turkey are all state of understanding with them about the currency that is dealt with.

Re-evaluate the value of the dinar:
Iraqi dinar code globally DI, and Fils F

1. The re-evaluation of the Iraqi dinar, where every dinar equivalent of 100 fils and not in 1000 and make every penny is composed of 10 monetary units smaller name (NIS or rail) ..

And that each 1 $ = 1 DI and 18 fils.
(Shekel unit calibration Sumerian worked for in Ur and Uruk like kilogram in the present day)

2. production units metal younger groups most heavily for many Astkhamat payment and collection of taxes and fees and the rapid public attitudes and privacy, public transport, ATM and Lafrath in the markets)

It produces metal categories:
– AED 10 fils

ol lar says():ED 10 fils
– Quarter of a dinar 25 fils
– Half KD 50 fils
-danar 1 and is equal to 100 fils, as well as the issuance of paper has increased by only 20%.

If the improvement in the Iraqi economy, industrial and agricultural sectors, tourism and housing via the investment

Add categories are less fils are 1 and 2 fils and 5 fils future …

3. paper categories plastic polymer made of plastic resistant to damage and bacteria and fraud, namely:

-1 Dinars only 20% paper and 80 metal
Dinars -5
BD -10
25 dinars
JD 50

100 dinars limited trading major category of banking transactions and large international investment and business deals

Are forcing banks to deploy ATMs in every province and spend according to the market and the population density and the development of piggy banks levy metal sheet positions to collect mineral groups service fees compared to the corner the whole car managed .. The introduction of credit card banks of digital cash.

ol lar says(): LINK

Doug_W says():I saw that yesterday Olar and it IS amazing

BGG says():I wonder… that piece was dated July 9th – 2016??

BGG says():could be it was originally posted and then edited??

ol lar says():I love this part

ol lar says to BGG():f Iraqi cash reserves of $ 53 billion for the year 2016
– Iraq has reserves of 90 tons of gold
.. This is the cover of the Iraqi dinar.

-hiklh Iraqi currency:
– It must be the value of the Iraqi dinar to reflect the value of this financial cover
– And who is currently (1118) dinars to one US dollar

(According to the Central Bank of the price, of course), a very low value of digitally ..

Make it difficult to deal externally Dinars let alone inside Iraq.
Iraq needs to restructure its currency (Iraqi dinar):

1. Delete the zeros phantom inflation inherited from the siege and war ..
2. Be the dollar value of 1 is equal to 1 dinar and 118 fils.

ol lar says to BGG():could be they are further educating the people

BGG says():Could be – could easily be…
ol lar says to BGG():what is that 75 cents +/-

BGG says():in fact, the article I put on THE BLOG for today has that tone – IMHO…
BGG says():more of an “educational” slant… geared more towards touting the benefits to their people than anything.

ol lar says to BGG():quite encouraging, all these articles
ol lar says to BGG():I think we finally have arrived

rcookie says():AFFIRMATION VS CONFIRMATION……

ol lar says to BGG():It would have been nice for my wife to enjoyed this journey like Mrs BGG has, oh well, she’ll soon see I am not nuts

rcookie says():Legal representative: Cabinet amendments to the general amnesty law inconsistent with the legislator items

Political Since 11/05/2016 18:54 pm (Baghdad time)

BAGHDAD – balances News   He parliamentary legal committee member Salim Chawki, Saturday, all opposed to the Council of Ministers amendments to the General Amnesty Law with the legislator-in-law, passed by the House of Representatives items.

He said Shawki’s / balances News /, “The Legal Committee and members of parliament approve the amendment deduced from the Council of Ministers on the amnesty law,” noting that “the amendment eliminates counters with some articles of the law by the legislature parliament.”

He said Shawki, said that “among the materials that contradict with the law is the rule of kidnapping if he has killed someone or suffering permanent disability or the loss of their own destiny and the abolition of some of the provisions in the purchase of condemnation,” pointing out that “can not be new legislation restores prisoners to jails who Srahham fired after the adoption of the amnesty law. ”

The House of Representatives postponed, earlier, to vote to amend the Council of Ministers on the general amnesty law ended 29/34 R.

magnetlady says():morning BGG and RCookie
BGG says to magnetlady():Morning Ms. Mags
BGG says to rcookie():Good perspective.
rcookie says():GM MAGS!!…

rcookie says():Parliament: Hosting bank governor and directors of banks to discuss the reasons for the high dollar prices
Posted by: admin2 in the economy , November 5, 2016 0 70 visit

BAGHDAD / SNg   The economic and investment commission parliamentary plans to host the bank’s governor and managers of State-owned banks, soon to understand why the decline in the dollar reserves and rising prices of constant exchange rates.

Although the CBI taking several measures to try to reduce the dollar exchange rate in the domestic market, but it is still witnessing a rise oscillate in some cases up to 1300 dinars to the dollar, while witnessing the bank reserves, in contrast, a sustained reduction.

Central called on citizens and traders to make a complaint to him about banks and the conversion that sell the dollar by more than 1,200 dinars, after sales outlets expanded to include government banks, as the campus last month, three special and 99 banking company from entering sell the currency window banks,

because of violating the laws and regulations Bank purchases and sales of foreign currency, but these measures did not also succeed in reducing the exchange rates ,, Central attributed to reasons related to sales of oil and the dollar exchange rate against other currencies.

Because of criticism of members of the House of Representatives of monetary policy followed by the Central, which led to a huge waste in a financial reserve, and its decline from $ 78 billion in 2013 to $ 40 billion during the current year, because it intends to economic and investment commission in Parliament, to host the bank’s governor and managers of State-owned banks ,

soon to understand why the decline in dollar reserves, as well as rising exchange rates, particularly after he said accused members of the Committee of economy and investment parliamentary monetary policy by the central bank of causing the delivery of the dollar in the local market price to more than 1,300 dinars to the dollar, while the official selling price of the bank does not exceed 1200 dinars to the dollar, calling to follow a new policy to sell the currency through the open window for direct sale to the citizens, and at the price prevailing in the market and achieve the benefit for the general budget.

For his part, spokesman for the Iraqi Central Bank Acer’s mighty “The reserves of the Central Bank of the file is not a file complicated as described by some, although the process of increase and decrease in the reserve process of nature occur in every country in the world, because it is affected by several factors, the most important national revenues realized from the sales oil, the price of the dollar against other currencies. ”

magnetlady says():Awesome sounding
baxter says():that article above says the rate is 1118 dinar to the dollar????

baxter says():it doesnt matter…
baxter says():Mags… are you here?
7shelia says():LOL so it hasn’t changed in at least 7 years, cause that’s what it was when I bought them

magnetlady says():baxter, yes I am here
magnetlady says():And I have no answers. hahaha

baxter says():Sorry I missed your Hi yesterday in chat… I got a phone call..and I wasnt going to pick it up… cause the phone said it was from Atlanta..and I figured in was a sales call… but I did pick it up finally… and it was the FBI in Atlanta….

baxter says():they wanted to know all about Sterling….

baxter says():I had sent in one of those forms… and they finally called me back
baxter says():we talked for a half hour 🙂
magnetlady says():Wow.

baxter says():he said… IF im lucky.. I may get some money back
magnetlady says():Wow again
baxter says():I know 🙂
magnetlady says():That sounds awesome

Doug_W says():GL on that Bax!!
baxter says():I Know… Doug…
baxter says():just call me blue boy

magnetlady says():They said nothing abut you giving your money back
magnetlady says():Your dinar, not money??

rcookie says():NO….THEY ARE OUTLINING THAT…THE STEPS TO CURB CURRENCY AUCTION ABUSES BY CLOSING DOWN OPERATIONS THAT ARE IN VIOLATION OF THE AUCTION RULES(99 IN ALL)…

AS WELL AS THE MARKET EXCHANGE RATE RISING TO OVER 1300 TO THE DOLLAR IN SPITE OF THE OFFICIAL SELLING RATE FROM THE BANK AT 1200…

AND STATED POLICY IN PLACE TO COMPENSATE ANYONE OVERCHARGED THE DIFFERENCE….AND ONCE AGAIN TRYING TO CALL THE DEPLETION IN RESERVES AS TE CONSEQUENCE…

baxter says():Mags… it would be money… not dinar..
Doug_W says to magnetlady(Whisper message)():noo thats ok. I will just send it to my email friends . thanks again tho
magnetlady says():Thanks rcookie for splaining what that meant.

baxter says():Said it would be at least another year before it got to court… 😎

rcookie says():THEY ANSWER BACK THAT THE PROCESS AND STATUS OF RESERVES IS QUITE SIMPLE AND WELL DOCUMENTED….

AND PARLIAMENT ECONOMIC & INVESTMENT COMMISSION WILL HOST ALAK AND SOB MANAGERS FOR QUESTIONING ABOUT EXCHANGE RATE INCONSISTANCIES AND RESERVE STATUS…..

rcookie says():House of Representatives hearing

Parliament votes on the four laws and discusses the budget and amending amnesty day

Author: AR Editor: AR, HH 11/05/2016 09:10 Number of Views: 657

Long-Presse / Baghdad  Hold the Iraqi Council of Representatives, on Saturday, the 28th of its first legislative term of the third legislative year, as will vote on four draft laws and discuss the three laws, notably the budget and amnesty, and directing a verbal question to the Minister of Electricity Qassim Fahdawi session.

She said the information department of the parliament in a statement Tqlt, (long-Presse), a copy of which, “The House of Representatives will be held today, its 28th of the first legislative term of the third legislative year,” indicating that “the agenda of the meeting includes a vote on the draft law on public body was to monitor the allocation federal revenues, and the law to prevent the use and proliferation of weapons Occlusive, and the law of the board of the Iraqi Atomic energy, and the law of rent farmland.
It said the information department, that “the meeting will vote on the final accounts of the Republic of Iraq for the years 2008.2009, 2010.2011, and vote on a special resolution as Matard his Iraqi Shiite component at the hands of terrorist organizations Daesh and order of the former genocide”, noting that “the meeting will guide the oral question to the Minister of Electricity Qassim Fahdawi. ”

She information department, that “the agenda of the meeting includes the first reading of the draft first amendment to the law of the amnesty law No. (27) for the year 2016, and the law of tribes and clans, and the law of the general budget of the Federal Republic of Iraq for the fiscal year 2017”.

The Presidency of the Council of Representatives lifted, on Thursday, (November 3, 2016), the 27 of the legislative term of the first third legislative year session to Saturday, while the meeting witnessed voting in principle to the project is given the employee a long unusual Leave Act, and to postpone the vote on the two bills, and to postpone the discussion of the draft communications Authority Act.

rcookie says():SO…..PARL RECAP.

rcookie says():THEY QUESTIONED FAHDAWI THE MINISTER OF ELECTRICITY…VOTED ON MONITOR FEDERAL REVENUES…

PREVENT USE OF OCCLUSIVE WEAPONS LAW…ATOMIC ENERGY LAW…FARMLAND RENT LAW….

THE FINAL ACCOUNTS SETTLEMENT FOR 2008-2011….

1ST READSIG OF AMENDMENTS TO AMNRSTY LAW NO 27 (2016)….TRIBES & CLANS LAW….AND 2017 BUDGET LAW…

AND FINALLY VOTING ON THE 5 YEAR LEAVE ACT…AGREEING TO POSTPONE VOTE ON COMMUNICATIONS AUTHORITY ACT…

rcookie says():Restoration of Hamam al- Alil in the next few hours

Sat, 05 Nov 2016 06:45:27     # Algmehorah_uz

Iraqi forces continue for a third week in a row in the progress towards Eraser areas of the city of Mosul, where he expected the commander of the rapid reaction forces, Major General Thamer al-Husseini “declaration of cleansing breeze Bath and the surrounding areas completely within hours.”

Husseini said in a press statement on Saturday, “The federal police forces entered the ailing bath, about 20 kilometers south of Mosul, a stronghold of the organization Daesh started attacking the Iraqi army days ago.”

He said, “The units entered the Salhiya neighborhood in Hamam al-Alil, and she secured the city from more than one direction predicted statement cleansing breeze Bath and the surrounding areas completely within hours.”

The media-Harbi said in a statement, Friday, that the media cell in a statement that the pieces of anti-terrorism restore neighborhoods and allow millions and green Karkukli, Jerusalem and dignity on the left coast of the city of Mosul.

rcookie says():SOME ANTI-CONSPIRITORIAL COUNTERBALANCE PERSPECTIVE……

rcookie says():
Battle of Mosul, unveils the evolution of the relationship between Baghdad and Erbil

Political Since 05/11/2016 09:40 am (Baghdad time)

Follow-up scales News   It cleared the battle to liberate Mosul, the unveiling of the positive relations between Baghdad and Erbil in the framework of cooperation Daesh the war against terror.

And he saw the Wall Street Journal the US, that “the battle of Mosul re-adjust the relations between the Kurds and the Iraqi government.”

The newspaper reported that “the residents of the Kurdistan region were surprised by the sight did not Aahdoh before, had turned the battle of Mosul him Curtain in the past few weeks, that is, the ranks of the Iraqi armored vehicles moving on their ways.”

The newspaper said that “this scene was shocking for many, because in spite of everything spent fighters Peshmerga decades in the struggle for independence from Baghdad and enjoy autonomy, prior to the joint efforts between the Kurds and the Iraqi government to keep Daesh of Mosul, which led to the change Iraqi policies that were Iraq considers the presence of the federal forces in the Kurdistan taboo. ”

The newspaper quoted Barham Salih, a leading Kurdish politician, saying that “Growing Up here in Erbil made me see that the Iraqi army has always meant occupation, repression and burning of villages, but now for the first time since the establishment of the Iraqi state, fighting Peshmerga Kurdish Iraqi army along with each other, this is a very important and symbolic significantly. ”

The US newspaper that “this partnership has already surprised many skeptics and opponents, who are accustomed to endless disputes between Baghdad and the authorities in Erbil, the capital of the Kurdistan region,” pointing out that “such a move would sharpen hopes – if addressed correctly – that the liberation Mosul could lead to a new era of cooperation between Iraq and the Kurdistan region and the rest of the country, “.anthy 29 / d 24

BUCK says to rcookie():THANK YOU SIR, FOR ALL YOU DO…

rcookie says():Iraqi parliament to discuss modifying the general amnesty of Finance and Budget Law for 2017

By Roudao dao – Baghdad

Hold the Iraqi Council of Representatives, on Saturday, its 28th, which it is hoped that the meeting attest to vote on four draft laws and discuss three bills, notably the budget and amnesty.

According to a statement the media office of the Iraqi parliament, received Roudao Media Network, a copy of which, “The House of Representatives will be held today, its 28th of the first legislative term of the third legislative year,” indicating that “the agenda of the meeting includes a vote on the draft law on public body was to monitor the allocation of revenue Federal law and prevent the use and proliferation of weapons Occlusive, and the law of the board of the Iraqi Atomic energy, and the law of rent farmland.

He added, that “the meeting will vote on the final accounts of the Republic of Iraq for the years 2008.2009, 2010.2011, and vote on a special resolution as Matard his Iraqi Shiite component at the hands of terrorist organizations Daesh and order of the former genocide”, explaining that “the meeting will guide the verbal question to Electricity Minister Qassim Fahdawi. ”

The statement continued, “The agenda of the meeting includes the first reading of the draft law of the First Amendment to the General Amnesty Law No. (27) for the year 2016, and the law of tribes and clans, and the law of the general budget of the Federal Republic of Iraq for the fiscal year 2017”.

rcookie says to BUCK():HEY THERE BUCK…..GREAT TO SEE YOU…
rcookie says to BUCK():YVW
BUCK says():GREAT TO BE SEEN LOL

rcookie says():Baghdad and Washington each other financial and security information to stop funding Daesh

Political Since 05.11.2016 at 10:20 (Baghdad time)

Baghdad balances News  Confirmed chief financial officer at the US Embassy in Iraq, John Sullivan, that cooperation between Washington and Baghdad to stop funding Daesh come a long way, and that the organization, which reproduced the style of the Mafia runs a financial crisis undermined preparations for the battle of Mosul and Stnhia in its current form in the event of losing the city.

Sullivan said the international press conversation, “The first agreement of its kind between the Federal Reserve and the Treasury Department on the one hand, and the Central Bank of Iraq, on the other hand to monitor the dollar shipments and ensure the prevention of the arrival of these funds to illicit destinations, is successfully applied, a shift in this file points “.

“The Central Bank of Iraq, led on the Keywords and through close cooperation with the US side blacklist to prevent funds from reaching the territory controlled by Daesh, and has more than 150 companies, today’s situation.”

Among the most important achievements of the Convention “dramatically reduce the dollar shipments to Iraq and replace dinars.”

He said that since before the signing of the agreement was “militants Daesh deal in dollars, and this stopped today,” noting that “the senior leadership of the organization arrested in dollars”, and spoke about the financial crisis afflicting Daesh, “and added that” the ordinary armed salary dropped more than 50 percent, as well as to their dealings Dinars prevents them from making international transactions. ”

He pointed out that “Iraq was one of the countries that buy the dollar for years and there are a radical change today.”

He praised Sullivan as “Iraq’s efforts to reform the central bank, was completed within a year more than what has been achieved in the past 13 years.”

He added that “Washington and Baghdad will exchange intelligence, financial, security information required to stop for Daesh transfers.”

He said, “The organization was formerly dependent on oil prices and after the decline began trying to swap oil with goods or services.” He revealed that “the campaign against Mosul found a lot of cache criticism” .anthy 29 / D 24

_firefly_ says():Parliament: Hosting bank governor and directors of banks to discuss the reasons for the high dollar prices

Sat, 05 Nov 2016 07:36:26  The economic and investment commission parliamentary plans to host the bank’s governor and managers of State-owned banks, soon to understand why the decline in the dollar reserves and rising prices of constant exchange rates.

Although the CBI taking several measures to try to reduce the dollar exchange rate in the domestic market, but it is still witnessing a rise oscillate in some cases up to 1300 dinars to the dollar, while witnessing the bank reserves, in contrast, a sustained reduction.

Central called on citizens and traders to make a complaint to him about banks and the conversion that sell the dollar by more than 1,200 dinars, after sales outlets expanded to include government banks, as the campus last month, three special and 99 banking company from entering sell the currency window banks,

because of violating the laws and regulations Bank purchases and sales of foreign currency, but these measures did not also succeed in reducing the exchange rates ,, Central attributed to reasons related to sales of oil and the dollar exchange rate against other currencies.

Because of criticism of members of the House of Representatives of monetary policy followed by the Central, which led to a huge waste in a financial reserve, and its decline from $ 78 billion in 2013 to $ 40 billion during the current year, because it intends to economic and investment commission in Parliament, to host the bank’s governor and managers of State-owned banks ,

soon to understand why the decline in dollar reserves, as well as rising exchange rates, particularly after he said accused members of the Committee of economy and investment parliamentary monetary policy by the central bank of causing the delivery of the dollar in the local market price to more than 1,300 dinars to the dollar,

while the official selling price of the bank does not exceed 1200 dinars to the dollar, calling to follow a new policy to sell the currency through the open window for direct sale to the citizens, and at the price prevailing in the market and achieve the benefit for the general budget.
For his part, spokesman for the Iraqi Central Bank Acer’s mighty “The reserves of the Central Bank of the file is not a file complicated as described by some, although the process of increase and decrease in the reserve process of nature occur in every country in the world, because it is affected by several factors, the most important national revenues realized from the sales oil, the price of the dollar against other currencies. ”

rcookie says():SO ANOTHER ENTIRE PLATFORM OF ANTI CORRUPTION..AML TERRORISM FINANCING COOPERATION BETWEEN UST AND BAGHDAD…..

_firefly_ says():Central called on citizens and traders to make a complaint to him about banks and the conversion that sell the dollar by more than 1,200 dinars,

rcookie says():THEY IDENTIFIED 150 COMPANIES ON “BLACKLIST” THAT WERE FUNNELING MONEY TO ISIS….

_firefly_ says():calling to follow a new policy to sell the currency through the open window for direct sale to the citizens, and at the price prevailing in the market and achieve the benefit for the general budget.

_firefly_ says():achieve the benefit for the general budget.
rcookie says():UNCLE……BBL

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