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Saturday, May 20, 2017

KTFA UPDATED, 20 MAY

Frank26:  TA DA........... 1 of 4.

Don961:  S&P Raises Indonesia Sovereign Credit Rating

Standard & Poor’s raised Indonesia’s sovereign credit rating to investment grade on Friday in recognition of a stable governing coalition and improved control over government finances.   https://goo.gl/EBFRt6

Frank26:  TA DA........... 2 of 4.


 Don961:  Vietnam Outlook Positive

Fitch Ratings on Thursday revised its outlook on Vietnam’s long-term foreign and local currency issuer default ratings to positive from stable and affirmed the ratings at “BB-.”
The credit rating agency said Vietnam’s ratings reflected strong growth performance and prospects, persistent current account surpluses, manageable debt service costs and sustained foreign direct investment inflow.    https://goo.gl/42vimg

Frank26:  TA DA ............ 3 of 4.

Don961:  Iran Currency Market Unaffected by Presidential Election

Governor of the Central Bank of Iran has dismissed claims that Friday's presidential election would trigger fluctuations in the foreign exchange market, reassuring the public that all is calm in the Iranian currency market.

"In recent days, some have been trying to spread rumors in the country that after the presidential elections, foreign exchange rates would go up," Valiollah Seif also wrote in his channel in the social media app Telegram.

These people, who are merely following their own interests and political goals, "have targeted the stability and calm of the economy", the support for which has been underscored by Leader of Islamic Revolution Ayatollah Seyyed Ali Khamenei.

"While unable to witness and attest the stability of the economy in the foreign exchange market, these individuals have taken to denying the truth, which is an important achievement of the government," Seif added.

However, the CBI chief said the currency market is currently stable and reassured the public that no such instigations could destabilize it.

Five years ago when Mahmoud Ahmadinejad was in office, the Iranian rial, which was then exchanged for about 10,000 rials per dollar, went into a freefall as a result of international sanctions, lost around 70% of its value and was traded for about 35,000 rials per dollar.

During the four-year tenure of President Hassan Rouhani, the rial mostly held steady and currently 37,500 rials are traded to the dollar.

Top economic officials, including Seif, have repeatedly listed this as one of the achievements of their tenure.

While the rial has not lost its value like it did during the tenure of the previous government, the currency market has not been completely free of trouble, as the final months of 2016 brought about a period of unease. In those months, it weakened to 41,500 per US dollar–volatility that were ascribed to seasonal changes, events such as Christmas and Arbaeen pilgrimages to neighboring Iraq and Donald Trump's victory in US elections.

According to Seif, "no factor can exert an important and meaningful impact on the stable conditions of the currency market at present" and if something was to test that stability, it would have taken place in the runup to the Friday vote.

"Fortunately, like in previous years, we have witnessed the continuation of calm and stability in the economy and the currency market during these days," he added.

Seif noted that even though global oil prices experienced a significant drop in the past few years, the currency market is in a state of remarkable stability, which is considered an undeniable economic achievement of the country.   https://goo.gl/pTEgbu

Don961:  "In recent days, some have been trying to spread rumors in the country that after the presidential elections, foreign exchange rates would go up," .... does that not sound very similar to what The Appearance , Saleh has been talking about and debunking in those articles today and yesterday ?? ... wild rumors from uninformed sources to rial up and frighten people about the currency ? 

PappaJack:  DON, THANKS FOR THE ARTICLES ON IRAN ! LOOKS LIKE IRAQ'S TWIN HAS HIS PLATE SET FOR THE UPCOMING BANQUET !   IT SURELY HAS SET THE PLATE FOR IRAN'S PRESIDENT NOW THAT HE HAS WON HIS NEXT TERM AS PRESIDENT:

" Hassan Rouhani a stronger mandate to push through much-needed reforms "

LET'S JUST WATCH OZ DO HIS WORK YOU MAY NOT SEE HIM BEHIND THE CURTAIN BUT BUSY HE IS!!!!!!
Don961:  King Salman mimics Trump the highest medal Saudi

Saturday 20 May 2017 15:01
Picture
Alsumaria News / Baghdad

awarded Saudi King Salman bin Abdul Aziz Al - Saud, on Saturday, US President Donald Trump, King Abdul Aziz Medal, the highest civilian award in the Kingdom.

The King expressed his Salman welcomed the US President, Donald Trump, saying that his visit "will strengthen strategic cooperation and will bring security and stability to the world."

Trump arrived in the capital Riyadh on Saturday morning, in the first visit conducted abroad since taking responsibility in the White House, on 20 January.

For his part, the US president said in a tweet on his Twitter , "It's great to be in Riyadh" and looked forward to holding meetings on Saturday.

And held the Saudi King Salman bin Abdulaziz Al Saud, on Saturday, a series of bilateral meetings with Trump focused on "the reaffirmation of the ancient friendship and strengthen political, economic and cultural ties and security document between the two countries , " according to the official website of the US summit of Saudi Arabia.

http://www.alsumaria.tv/news/204493/link

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BlessedKate:    Watch LIVE: President Donald J. Trump participates in a United States - Saudi Arabia bilateral meeting and Signing Ceremony. 

http://video.foxnews.com/v/5442111066001/?#sp=watch-live

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Stevep99:  OH MY OH MY!!! Well if these articles we are see today and have seen for the past month don't tell us of what we are about to see, then we are in the wrong forum!! My goodness they are practically saying they have or are about to change the reality of this world we live in!

It is so blatant that you have to be living under a rock to not see it coming

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