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DINARESGURUS.BLOGSPOT.COM_________________ _______

Wednesday, June 22, 2016

TNT TIDBIT, 22 JUNE

TNT
Yada:  We are still in a very good spot to receive this any moment,,,,,the banks are still expecting to see us and waiting for the release by the Treasury,,,, I still believe we, the internet people, will be in the banks before the public so all is go,,,

NBK2qih:  Yada before the brexit vote?

Yada:  nbk2qih,,,I do not believe the vote has anything to do with the RV,,,,,this vote would be similar to when the Fed was going to increase the interest rate,,,they just didnt know how the markets would respond and just like then, investors are trying to hedge any changes,

DinarVision:  yada, no doubt we'll be in the banks before the public. question is, when will the public go?

Yada:  DinarVision,,Im of the mind that the handlers of the RV are making sure we do not have a repeat of 2014,,,,yes, the banks can exchange us now, as part of the groups with the public right behind us,,so all the rhetoric on the defeat of Isis just creates confidence with those involved in the release

Yada:  Those of us paying attention know we are not in the same position we were in a month ago or even 6 months ago,,,,fact is,,,there are some things Ray knows that makes this time different than the previous,,when they said it is progress, progressive it has been with each step revealed at a time,,,

DINAR GURUS UPDATE, 22 JUNE

6-22-2016   Intel Guru Frank26   ...when you look at all these steps that are occurring you can’t help but get excited...Abadi...said...Parliament is voting right now on sending international economic agreements by our government which are in line with our economic vision... I have ALL my ministers working on getting ALL the lands back right now...I have ALL my ministers working with the committees of economics and investments to tell the world that...the agreements that we made on our economy with the IMF...are in line...with the international standards...we are bringing you back into the international world...  the governor of the CBI...says...we got $53 billion... Iraqi cash reserves...which are the IMF requirement are about $53 billion and with gold...it’s a lot more than that...IMO.   ...it is for the existence of the amount of foreign exchange that is going to be coming into our country [Iraq] from the international investors and we need to cover our local currency basically to cover theirs...it is exciting without a doubt...

6-22-2016   Newshound Guru Kaperoni
  Article:  "Central Bank Governor "long": equality dinar dollar threatens local production and the deletion of zeros depends on stability"   Quote:  "*Project to delete the zeros Wayne now, why it did not apply private and it raises the value of the dinar.?  - The project to delete the zeros still exists and we have a technical preparations in this area, but we are waiting for the stability of the general situation, because this is a great work when we need stability in addition to the stability in the development of institutions, in particular, what we can organize and manage the operation and supervision are not allowed with breaches or excesses."   Iraq is about as stable as it is going to get (outside of Mosul). So they should be seriously considering implication very soon.And ...those kinds of statements are in direct support of raising the value as the economy grows, investment flows, etc. Again, I believe the increase in value will be used to counter the inflationary pressure created by the influx of investment once the doors really open for investors. Time will tell, but let's hope they pass the laws we need and get the show on the road.

6-22-2016   Newshound Guru rcookie   AND AS ANOTHER BACKDROP TO THIS STORY...ISNT THE TBI THE BANK THAT WE JUST SAW RAISE THEIR CAPITALIZATION IN THE LAST FEW DAYS ALONG WITH MANY OTHERS...  [YES...and how much was that?]  300%....FROM 500 BILLION TO 1.75 TRILLION. AND WHEN YOU SEE UPSWING IN CAPITALIZATION THERE IS AN INHERENT EXPECTATION OF VALUATION INCREASE...   [reference Guru wmawhite post 1 & 2  6-22-2016]

6-22-2016   Newshound Guru wmawhite   They increased their shares from 54.7% to 64.7%.  Why?  ...this is very interesting news and IMO is an indicator that Iraq’s neighbors are aware of major changes coming soon from within Iraq’s financial institutions.  I have always believed that Iraq’s neighbors have their fingers on the pulse of Iraq and that they will be the first to pounce on these opportunities being created by Iraq.  This move by Bahrain’s Ahli United Bank combined with what Citibank just stated a few days ago ought to have you thinking...this is happening right in front of us...there are no secrets to this...they are announcing to the world as this is happening.  [post 2 of 2]

6-22-2016   Newshound Guru wmawhite   Article:  "Iraqi trade talks with Citibank to develop relations – June 14, 2016"  Quote:  "as well as lifting the barriers that stand in the way of the constant movement around the world of the Iraqi dinar."  this is Citibank stating...let's lift the barriers...  Article:  "Bahrain's Ahli United Bank buys shares of TBI"  Since 2003, other banks in the region have been buying shares into the TBI...This bank (Bahrain’s Ahli United Bank) that is located in Bahrain already owned the majority of shares of the Trade Bank of Iraq. Yet, they apparently believe there is an up-side/an advantage to increasing their control over the TBI.  [post 1 of 2....stay tuned]

6-22-2016   Intel/Newshound Guru Poppy3  ITS AFTER A 3 DAY BANK SHUT DOWN AND LAST MONTH WHEN OUR ...VP WAS IN IRAQ AND HE WAS INFORMED IT WAS GOING TO POSSIBLY TAKE THEM TILL THE LAST WEEK OF JUNE TO BE READY...HE SUGGESTED IF IT WAS GOING TO BE THE LAST WEEK OF JUNE TO JUST NOT RELEASE TILL THE 4TH OF JULY FOR AMERICA AND IT WOULD BECOME THE NEW REASON FOR INDEPENDENCE DAY?  THAT WAS THE RUMORS LAST MONTH FROM BOOTS ON THE GROUND IN BAGDAD.  [post 2 of 2]

6-22-2016  Intel/Newshound Guru Poppy3   ...WE ARE CLOSING IN ON SEVERAL THINGS OF GREAT INTEREST.  FIRST THE DINAR --- ALL NEWS AND WRITTEN REPORTS AND ALL PERSONAL SOURCES ARE ALL ADAMANT THIS IS THE RIGHT TIME AND THEY ARE IN THE RIGHT PLACE PUSHING EVERY DAY AND WORKING AT NIGHT TO PREPARE FOR THE NEW RATE AND INTERNATIONAL TRADE WITH CURRENCY EXCHANGE...AS I HAVE TOLD YOU AND SHOWN REPORTS FROM THE IMF, WORLD BANK SAYING THE SAME THINGS. WE STILL WAIT AND SEE BUT MANY REPORTS NOW OUT SAYING JULY 5TH IS WHEN WE SEE IT GO GLOBAL.   I TOTALLY BELIEVE IT.   [why July 5th?]   TWO REASONS...  [post 1 of 2....stay tuned for the rest of the story]

6-22-2016   Newshound Guru wmawhite    ...Guru Dr. Clark...stated..."Forget about what the IMF indicated “by the 1st half of 2016. It’s irrelevant..."   Seriously, Dr. Clark? We should...disregard the one entity that has more knowledge about Iraq and the Central Bank of Iraq than any other entity on this planet?  It is reasonable to believe that the IMF, WB (World Bank) and the CBI "KNOW" what is going on with the money policy of Iraq.  [reference Guru Dr. Clark post 6-20-2016]

Wednesday Landa Global CC 6-22-16

Wednesday Landa Global CC 6-22-16

Landa Global has been hosting a dial-in conference to inform holders of assets and intermediaries of the current status of the historic bond processes, and general information in respect of procedures.
 
In addition, Landa and Humanus host Guest Speakers that offer a glimpse into the various Project sectors Humanus is actively supporting, as well as funding.
 
To access the weekly conference, please observe the following information:
Date:  Each Wednesday

Time: 4:00 p.m. CST (USA) or 5:00 p.m. EST (New York)

Conference Number:   641-715-3580

Access Code:   484-959#

International:   See international call numbers below.  Access code is the same as above.

http://landachinaglobal.com/conferences.php

WSOMN CHAT, 22 JUNE

WSOMN

SunniDaze:  ADMIN JUST CALLED AND WANTED ME TO POST THIS FOR HIM… MISINTERPRETED THE INFORMATION….

AGREEMENTS ARE SIGNED… COULD BE THE DAY FOR US FROM NOW TILL THE 30TH

SunniDaze:  WE KNOW THERE ARE PEOPLE EXCHANGING SO LIKE I SAID WE WAIT OUR TURN AND EVERYDAY IT IS CLOSER

AdminBill:  Morning intel: (Admiral Group agreement not signed?) No it has been signed however I do agree that although we are on status no one know specifically when we fund.

Turtle1:  Sarah McClendon: "What will the people do if they e ver find out the truth about Iraq-gate and Iran con tra? George H.W. Bush: "Sarah, if the American people ev er find out what we have done, they will chase us down the streets and lynch us." 230 “If such a story gets out, we’ll all be hanging by our thumbs in front of the WhiteHouse....” 231

Greenspan Did It All On Purpose http://www.roadtoroota.com/public/1599.cfm

Bix Wier:  I can't believe one of the greatest secrets of all time still lies virtually unnoticed by the world... GREENSPAN DID IT ALL ON PURPOSE!!! I have proven it in a hundred ways and yet people still don't get it.

Greenspan's Golden Secret http://www.roadtoroota.com/public/101.cfm

Greenspan's Golden Testimony http://www.roadtoroota.com/public/230.cfm 

************
Starchild:   BREXIT Leave is leading

http://www.zerohedge.com/news/2016-06-22/cable-tumbles-after-latest-poll-show-leave-leads

*******************************

Daystar:  HERE IS SOMETHING TO CHEW ON: This is the world market census on the ​tensions surrounding the U.K. referendum to exit the European Union,

http://alt-market.com/articles/2931-brexit-global-trigger-event-fake-o​ut-or-something-else

POPPY3 TIDBIT, 22 JUNE

Poppy3   ...WE ARE CLOSING IN ON SEVERAL THINGS OF GREAT INTEREST. 
IRST THE DINAR --- ALL NEWS AND WRITTEN REPORTS AND ALL PERSONAL SOURCES ARE ALL ADAMANT THIS IS THE RIGHT TIME AND THEY ARE IN THE RIGHT PLACE PUSHING EVERY DAY AND WORKING AT NIGHT TO PREPARE FOR THE NEW RATE AND INTERNATIONAL TRADE WITH CURRENCY EXCHANGE...

AS I HAVE TOLD YOU AND SHOWN REPORTS FROM THE IMF, WORLD BANK SAYING THE SAME THINGS. WE STILL WAIT AND SEE BUT MANY REPORTS NOW OUT SAYING JULY 5TH IS WHEN WE SEE IT GO GLOBAL.   I TOTALLY BELIEVE IT. 
 
Q: [why July 5th?]  

Poppy3:  TWO REASONS... 

ITS AFTER A 3 DAY BANK SHUT DOWN AND LAST MONTH WHEN OUR ...VP WAS IN IRAQ AND HE WAS INFORMED IT WAS GOING TO POSSIBLY TAKE THEM TILL THE LAST WEEK OF JUNE TO BE READY...

HE SUGGESTED IF IT WAS GOING TO BE THE LAST WEEK OF JUNE TO JUST NOT RELEASE TILL THE 4TH OF JULY FOR AMERICA AND IT WOULD BECOME THE NEW REASON FOR INDEPENDENCE DAY? 

THAT WAS THE RUMORS LAST MONTH FROM BOOTS ON THE GROUND IN BAGDAD

KTFA UPDATE, 22 JUNE

ReddStarr:  ...Wow.... wow... wow.... when have you heard anyone other that Shabs discuss the project ....to delete the three zeros..... this is telling you everything.... Allak in this interview.....says a lot...this is BIG.... IMO

Central Bank Governor "long": equality dinar dollar threatens local production and the deletion of zeros depends on stability!

Long-Presse / Baghdad

Maybe it raises talk in economic and financial affairs many Hjona the followers, he is themodern-related livelihood daily per capita and how to get the economy moving, which faces many pitfalls impede progress, including currency and dinar speculation Exchange at the price of the dollar and the auction currency that turned him raised a lot of doubts and questions, in addition to work civil and foreign banks and remittance, and how to get out of the financial crisis that has plagued Iraq, and even the recent international Monetary Fund loan with falling oil prices and its consequences, as the sole supplier, which had a negative impact on the amount of central bank reserves of foreign currency, According to specialists may not the reserve covers three months import of Iraq.

 All these and other files open the "long" in a private meeting with the governor of the Central Bank of Ali Ismail Keywords.

Conflicts in the reserve figures of foreign currency

(Interview starts)

* What are the plans for the central bank if the bank reserves continued to decline to the lowlimits do not even three months import cover of Iraq, and how much the amount of the reserve now, due to the large ado about it?

- Of foreign precautions now $ 53 billion, a figure that changed daily according to what takes us back from the Ministry of Finance, and this level within our accounts and the accounts of the International Monetary Fund last refers to the adequacy of the reserve in accordance with the international standard of the existence of foreign currency reservescover the size of the local currency. We also reserve the highest level, which means that foreign currency available to us than the local currency.

The high or low reserves caused by factors beyond the control or the control of the central bank, as the reserve is influenced by two factors basic elements, namely the amount of dollar given to the Central Bank, which is the source of the sale of oil and Mathsal by the Ministry of Finance of the petrodollars they sell to the central bank to get against which the dinars to cover Nfqatha.ama second factor is the demand for the dollar, and its source is the basis of the state that ultimately turn out to demand for the dollar, as the majority of materials and goods imported expenses. And those beyond the bank's control factors are determined by the level of reserve.

The pressure and influence is increasing on the reserve when the issue of the state budget deficit being covered by vouchers or bonds the central bank bought, which means that the bank will issue cash for the government without that there is a cover of foreign currency for the government, and this is the version you spend the last turn the demand for imports in dollars which means reduce the reserve, so the House of Representatives and the government are responsible for the decline in reserve when the budget deficit havepublished. It is unfortunate that this fact is not understood by many.

It is curious that professes some members of the House of Representatives or the government that the central bank is responsible for the decline in reserves without paying attention to the reason that caused them, and not by the Central Bank or his policies.
The reasons for borrowing from abroad and future implications
* If it was good enough reserves and in accordance with the international standard, why borrow from abroad if.?

- Borrowing from the IMF is very important for Iraq and open the way for us to obtain facilities, loans and support of international organizations and major states, also strengthens the Iraq Center externally in terms of financial transactions

* Can the Rafidain and Rasheed Zbonin that presidents be at the central bank auction of foreign currency? Why refrain of many years of active participation and leave the monopolists of the private sector to be the primary actor in the auction?

- The central bank opens the process of selling the dollar to public and private banks alike,lack of bank entry Rafidain and Rasheed on a larger scale in the process, due to Khchithma the exposure of foreign transfers to confiscate transfers due to external claims old debts, but now having taken measures to solve We hope that this problem Atkmen two banks from exercising their operations without reservation or fear, and from our side and Nhvzhmaencourage them to expand their dealings in dollars to achieve the principle of competition Tnfna much.

* Why not been modified in force Banking Act to the authority of the coalition No. 94 of 2004, as the central bank can generate the forced merger of banks, rather than persuasion literary merger, especially since the banking market needs a strong decisions to integrate more than one banking institution to avoid landslides and protect the banking financial system in Iraq?.

- We had a job and wide to amend the Banking Act referred to, and is now in the final stages of the legislation, and that the new law, and certainly taking into consideration the best international practices and experiences large and developments in the banking and financial sector.

* Is the central bank was able to rescue the financial situation of Iraq (public finances) during the years of oil revenues has worsened since 2014? What are effective policy adopted by the central bank as a savior of public finance that?

 - Yes, the Central Bank has played a major role in the face of the financial crisis that hit thefinancial country's situation, during the last period and the present, and it was the lifeboat of the overall situation and not just the financial situation, because the financial resources of the government were not sufficient to cover even salaries, we have to imagine the situation if it failed State to pay the salaries of millions of employees, so the total amount financed bythe Central Bank of the public treasury would arrive at the end of this year to more than 20 trillion dinars through his purchase of treasury transfers from the secondary market, as the central bank provides support and counseling to aspects other, in order to cope with thefinancial and economic challenges.

* How faced monetary policy of the Central Bank of the problem of unemployment and stagnation among Iraqis, especially since the bank's target, according to law is to stabilize prices and fight unemployment ,?

- Central Bank contributes to reduce unemployment by stimulating economic activity by keeping the general level of prices and the reduction of the rate of inflation by stimulating and facilitating lending, credit and structural benefits operations, so the central bank initiative to allocate 6 trillion dinars for lending to private sector projects, pour into the mainstream to achieve this goal, which is active sectors and achieve operating.
Program the "six trillion" goal to promote the private sector may not be achieved 
* If you do you consider the "six trillion" program that Sakarzha Bank to the public one of these processors. Are there other steps to achieve the stability that encourages economic growth in the gross domestic income, or?

- Yes to the 6 trillion initiative, the first of its kind and size are in the history of Iraq, where we found As sensors of the economic situation that the only way for the advancement of economic reality is to stimulate industrial and agricultural sectors productivity through lending and support the private sector, because we have noticed not turned slogans and national strategies to support private sector and diversify the productive base to a supportive and stimulating practical plans, as the central bank notes through its coverage of the demand for the dollar for the purposes of import, dumping policy by importing the simplest materials and goods that could be produced within the country to run the citizen and maintain foreign at the same currency.

* But how do you achieve the goal of this initiative in light of the current situation, wherethere is no protection Ositrh or even activate laws.?

- Note this accurate and essential, and we have stated when The launch initiative that its success depends on the product to activate the protection and consumer protection and to prevent dumping policy and the application of customs duties and quality control laws, it is without all this you can not expect effective results for this initiative.

* With the current state of border ports, you can actually apply it.?

- It is regrettable that the situation of border outlets is one of the large and chronicchallenges, a situation that receive its disadvantages and corruption serious risks to the country, and those risks are not only an important and substantial financial resources, but also economic, health, environmental and security risks of loss we must pay attention to her, and there were attempts for many years to correct the conditions of those ports, but they all failed, and we confirmed that we are in years and continue to emphasize the need for the use of specialized international companies to take over the organization and management of these ports.

* Are there political actors dominate invisibly on the banks requests for foreign currency,including the parliamentary forces very window? .. This modern trader, and as they say, those are the cause of the destruction of Iraq and the smuggling of funds through the auction?

- Confirm the position of responsibility absence of interference from anyone or from any point in the issue of determining the total dollar sales, or at banks and companies level, Defining it is by the high-level committee of the Central Bank, including the deputy governor and directors of two advanced and staff meet daily to determine that based on severalModuaah.onhn factors now finished setting consistent standards which is determined by a certain degree for each bank or transform the company, including the commitment of the bank or the company's anti-money laundering and terrorism financing and the rules and regulations associated with that law, until we get in the end to the application of an electronic program is implemented sales automatically operations in the light of the degree of banking and corporate commitment to those standards, rules and instructions.

* Can the closure of branches of foreign banks in violation of the law of the central bank and banking law.? Is it already been done? Especially since there are, as they say, many irregularities among those banks, and how many branches of those banks and a number of private banks.?

 - Yes, the central bank instructions apply to all banks licensed by the Bank, and branches offoreign banks licensed by us as well, so they are subject to subject his local banks in terms of penalties and procedures regarding irregularities and including the withdrawal of the offending branch license.

* Was really pulling vacation one of these branches.?

- Both did not happen during the period in which I took out of the Central Bank.

* But we hear that there are irregularities and excesses of many of those banks.?

- This information is not accurate because the branches of the banks that we are the branches of a very large, mostly banks, and has an international classification Advanced, and that these branches subject to Rkabtna and regulated by the Central Bank in the State of Almaqralriasa of the bank and control headquarters and the president himself as belonging to him.

 Primitive and fails in the performance of government banks

* There is a clear failure in the banking sector as a working old systems, mechanisms and sees specialists said that one of the reasons for the decline of the investment process in the country, the fact that foreign investors looking for a safe and advanced banking environment to facilitate his work and fast delivery and keep his money.?

- Yes, it is regrettable that the banking sector we have is still in its infancy, far from theoptimum international practices, and the use of the latest and best technology into the work, and the majority of the appropriate degree of fairness and transparency and governance are not available, and far from the application of the rules of compliance and risk management and compliance requirements of the rules anti-money laundering, and that most of the private banks, was founded a few years ago, in exceptional circumstances and in front of exceptional challenges as well, making it the plague on marginal activities to achieve a quick profit, such as selling the dollar, has been dominated by their governing bodies aremanaged and harnessed to their own interests, so it is in front of us way whatever to correct this situation, you will see the results during the year.

* But the problem is what we observe in the situation of State-owned banks private bank Rafidain and Rasheed in terms of the level of performance, organization and services is very low, even simple drag and deposit operations take place in a complex and slow.?
- I agree with you in this matter Valmsrfan backward greatly across Angtallma about the world and what happened from the tremendous developments in the banking business, was a plan to restructure the two banks since 2007 put, but the plan goes slowly being activated, so we are currently focused on resolving the issue of settling accounts and old assets down the real financial position of the banks, considering that this foundation to move to thesecond step in the plan to privatize the banks or the introduction of qualified banks to strengthen and upgrade Bodaihma partners.

* Central Bank, according to specialists has the strongest role that must be exercised by thedepartments of banks, especially with regard to its policies relating to update the structure of these institutions and strengthen oversight.?

- Yes, central banks play an important role in upgrading the performance of banks through the guidelines and instructions laid down by the organization of work and through the control, supervision and performance evaluation and stimulated to take the best practices. To be more outspoken this was the role of the Central Bank during the previous years is weak, and has accumulated over the years, many of the negative phenomena and practices, and under the pressure of the economic and financial crisis show the inherited imbalances in the form of serious problems and challenges.

So we have to strengthen that role since taken over the task of the Central Bank and have taken several measures and steps toward the banks on the one hand, and through the strengthening of the supervisory system and supervisory On the other hand, we have with the help of the offices of international control in this regard, but it will take time to reap results.

* Since 2010 the government announced it had agreed to the signing of an important agreement with Chinese companies to develop the work of government banks and financial exchange mechanism between them and the rest of the banks of the world, what happened to them and why so far there is no real change in no Iraqi banks.?

- I do not have any details on that convention, but after the recent visit of Prime Minister to China was agreed to activate the various aspects of economic and financial cooperation are being worked on currently, including promote the opening of branches of Chinese banks in Iraq and banks Iraqi in China and exchange of experiences in the field of banking.
Guarantee deposits and Exchange Shorja dollar

* When applied work company guarantee deposits and what type of deposits, as long as youmentioned the need to encourage people to save the government and the banks that it will contribute to resolving the financial crisis, the other side will be presented or what the move adds to the citizen.?

- A project to establish a company to guarantee deposits is aimed at protecting the rights ofdepositors, younger ones especially, when the bank is exposed as to the insolvency or bankruptcy, so, this action will encourage citizens to deposit their money in banks because the phenomenon of having most of the money chunky in homes away from the banking system, hurting the economy in terms of the money that has been saved if the banks will turn into loans and facilities, including contributing to motivate and move the economy and the market, as well as the risk to keep this money in the home has offered to steal, not to mention the costs of dealing with cash instead of bank accounts.

* Dollar exchange in the Shorja who controls them? Is the central bank has controlled them.?

- Who deal in dollars outside entities licensed by the Central Bank, engaged in an illegal act, and the shops and the people who are doing so they fall under the control of the fight against economic crime directorate, and take legal action against them, as this thing comes out of the jurisdiction of the central bank.

Q: Will it really be action about them by combat economic crime.?

- Yes, this is done, it has closed many stores and many of the owners referred to the judiciary, which in turn issued legal judgments against them.

* Is there a counterfeit coin now either in dollars or dinars.?

- According to central bank statistics, which we get from a thorough examination of the coin, the proportion of fraud is negligible, and usually we fined the banks that pass the coin forged and this easily discover in developed specialized our organs in the detection operations, and that most who deal with trying to avoid dealing with banks because they are able to detect, so it is passed on dupes citizens, and the Interior Ministry to arrest once in a while some of those who are in the process counterfeiting or handled.

* Project to delete the zeros Wayne now, why it did not apply private and it raises the value of the dinar.?

- The project to delete the zeros still exists and we have a technical preparations in this area, but we are waiting for the stability of the general situation, because this is a great work when we need stability in addition to the stability in the development of institutions, in particular, what we can organize and manage the operation and supervision are not allowed with breaches or excesses.

* Why the dollar is always high, and why do not you take action equating with the dinar, thisleads to market and license the stability in the general goods.?

- Make an equal dollar dinars in the current situation means encouraging more imports and missed opportunities for the advancement of local production. It would also mean reducingthe public budget revenues because the Ministry of Finance will get the lowest amounts of the dinar against the dollar, which Tabieh.ama a strong dollar in the parallel market is attributable mainly on the supply and demand law, and the more the central bank responded to the demand for the dollar and covered it, the more to prevent high in price, and the closure of speculative opportunities in the market, and certainly there are other factors that play a role in the rise and fall of them, political and security stability and the rule of law, and the strength or weakness of state institutions related to the subject.

* If the height is the reason for not selling the bank required quantities in the market, whythe bank does not respond to the request.?

- When oil prices are high revenue dollar is high also as it was in previous years, then thecentral bank can respond to those requests, and the flooding of the dollar as its inclusion Bank to its reserves, either when revenue dollar goes down because of lower oil prices, as is happening now, so do not enough dollars sold by the Ministry of Finance to the Central Bank, to meet the buyers' demands for the dollar, the central bank used part of its reserves to respond to those requests, and this is the role and function of the nature of Ctaati.lkn our problem is that many do not understand that when we sell and declining reserve a lot of talk and criticize happen the bank, and although aware of the bank that this is not practical and is not objective and intersects with the monetary policy requirements, but he was trying to find some sort of balance between the dam requests from the dollar and between maintaining a reasonable level of reserves in order not to get a psychological condition that may lead to anxiety and fear.

* Import cars costing Iraq billions of dollars out of it. Is there an economical way to restorethese funds, especially that Iraq does not need so many cars.?

- The subject of imports and determine the goods and fees and the need of the jurisdiction of the government, not the central bank, Vdorena in this case, is to provide advice to the government, has repeatedly called as many have called for the need to adjust the imports and the development of curriculum Yearly Import Alert, with a strict application of the laws we have mentioned to protect the national consumer product.

* Is the central bank has other properties return it imports.?

- No, the Central Bank Act does not allow this kind of investment like real estate and other,Vaaradatna come from investments in foreign bonds and gold coins, and what the bank earns from fees and fines and fees from banks and companies licensed by him.
* Some international banks based humanitarian projects such as building hospitals and schools, is the central bank of such projects or in the next strategy.?

- Central Bank Act does not allow the allocation of funds for these projects, we are seeking for an amendment to allow the Bank supported some of the social services projects, health or the necessary infrastructure by allocating a percentage of the annual profit of the Bank for these purposes.

* Deposit box for every citizen, whether gold or Basbaik or cash, How are you saving for goldprocess? Is it gains and falls within the principle of interest or whether it is within the national inventories, which helps raise the level of the Iraqi dinar.?

-When Filed the citizen of his gold, or others in the private equity funds it is leased within thebanks, and here do not receive a citizen of any return on it, the aim of the deposit within the banks is to protect them, and that the bank does not know what is there but is not used or invested.

* The issue of the purchase of gold bullion from the central bank.?

- Central bank gold bars made of lightweight 24-gauge outside Iraq and sells them to the citizens and the margin of profit is simple.

* Where are sold bullion.?

- The banks and the central bank as well.

The fate of the new Central Bank building designed after the death of the project 

* Wayne arrived to work in the new Central Bank building? It is executing the company after the death of designed architectural site Zaha Hadid.?

- The new building project under assignment is currently being analyzed in terms of the offers submitted by the companies to choose one of them to build the project, which is expected to be implemented by the end of the beginning of this year.

* What about the designed project office and its role in the implementation.?

- Office completed the project design in all its details has it took nearly two years and wewish that the Office would oversee the implementation, but his presentation was very loud, which made us call on other global companies, has won a good reputation of the Australian company, which now holds the study offers made by international
construction companies to build the project   LINK  
 
Frank26:  .." including currency and dinar speculation Exchange at the price of the dollar and the auction currency........ "He said 1 to 1 .............. IMO.    KTFA    Frank