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Monday, July 17, 2017

TNT UPDATE, 17 JULY

NetGlobal:  Wow, I guess the CBI is going to have to implement some security on their website. Looks like a hack…. the site that was hacked was cbi.iq

JWill:  CBI probably screwed up their website on purpose just to create confusion.. CBI, IMF, World Bank ?? They're all family members.. like peas & carrots.. lol…. I can picture the CBI people in a meeting and someone says " hey watch the dinarians go nuts.. look .. " and they do something crazy to their website. Lol

InfinitePower:  We know that they know that we are wacthing...

NetGlobal:  Well, I am sure the CBI IT folks are working to repair this and put in measures to prevent it from happening again

InfinitePower:  USD removed from https://cbi.iq/ website..... I hope this is good sign....

RVAlready:  From what I remember, Abadi said that monetary reform would be completed by the end of July. He is a pretty brilliant guy, with a PhD in electrical engineering. He usually delivers on his promises, in spite of any opposition.

Harambe:  www.cbi.iq website is down now.

Aceman:  harambe it got hacked… t was hacked by juba baghdad it said on the site earlier

Kue911:  harambe before the cbi site went down it had removed the 1184 us dollar rate. Tells me maybe something is going on.

RVAlready:  I'm sure they can RV, with or without a functional website.

Yada:  Agreed rvalready. Fact is we won't see the RV appear in the cbi in the first place until after we've seen the release first.

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KTFA:

Alragrossman:  The exchange rate for USD has been "removed" from the table on the CBI website!     https://cbi.iq

Eli15:  Yes and it also says  "HACKED BY JUBA BAGDAD "    What does that mean???????

Iggy:  juba was or is a notorious iraqi sniper so this is strange

Millie:  Wouldn't They have to remove it to replace it....(smile)

Upstart:  Quite handy they have another website they can re-direct the domain to   (wink)

Salamon69:  Whatever is transpiring on the CBI website it sure gets my attention!   Not surprised strange happenings on 7/17/2017.     I kind of expected it when I opened up my computer with the CBI website as my homepage.

Would be interesting to know what is the message to the Iraqi people in Arabic.    And the USD is removed.   mmmmmmmmmm

Today we watch with fascination!

Mikexx:  They have now taken cbi.iq down, looks like

Salamon69:  Interesting....  The website has been completely taken down.   Click on http://www.cbi.iq/         POOF

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EverydayJoe:  Today     7-17-17    reads same forward and backward
and...7-17-2017       7+1+7+2+1+7= 25      2+5= 7

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Don961:  2017/07/17 (00:01 PM)

The Iraqi

Keywords: We seek to balance the sale of the dollar and keep it 

The central bank governor said on Sunday that the bank seeks to balance the sale of the dollar and maintain it, indicating that the balance away from the margin of speculation and achieve large profits, said the Central Bank of Iraq Ali Alalak in a press statement,

"The bank seeks to balance the sale of the dollar and maintain it "Noting that" the balance in foreign currency as much as it was in previous years, is that there is no margin and scope for speculation and achieve large profits, adding: "Iraq is going through exceptional circumstances because of the drop in oil prices significantly, making the policy of the Central Bank to two options , While responding to the Lar in order to cancel the margins, and it will be reduced at the expense of foreign currency reserves, or Nguenn sale process and accept a margin of appreciation of the exchange rate, we seek to balance between the two objectives. "

A slight rise in the exchange rate of the dollar on the stock market and its stability in local markets

The price of the dollar rose slightly on the stock exchange struggle, while stabilized in the local markets, on Sunday (July 16, 2017 ,, Kifah Exchange - Baghdad 126.100, while last Friday's prices were 126,000, selling and buying prices in the shops of the sale of the dollar = 126,500 dinars, Buy the dollar = 125.500 dinars. 


http://almadapaper.net/ar/news.....33019/link

G_Money:  I like those words...

"accept a margin of appreciation of the exchange rate"

Let the True rate show Internationally...

126,000 to 125.5  -----> Looks like 3 zero's dropped to me

Exciting times indeed...
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IObey777:  stressing that the standards of foreign exchange reserves "reassuring."
implementation of monetary policy, including exchange rate policies 
 

Don961:  Central confirms the "strength" of the Iraqi reserve according to international indicators "reassuring"

Editor Duraid Salman - Sunday 16 July

Alsumaria News / Baghdad

The Central Bank of Iraq announced on Sunday the availability of international indicators confirming the Iraqi Reserve's fortitude, stressing that the standards of foreign exchange reserves "reassuring."

The head of financial operations and debt management of the Central Bank Mahmoud Dagher said in an interview for Alsumaria News, "The reserves of foreign currency to Iraq and different standards of adequacy is high and reassuring."

Dagher pointed out, "the availability of international indicators confirm the stability and durability of Iraqi reserves." 

The Central Bank of Iraq announced, on Sunday (February 19, 2017), that the size of Iraq's foreign currency reserves of $ 49 billion, while noting that 70% of the money circulating in homes, he pointed to the bank managed to control inflation.

It is noteworthy that the Central Bank of Iraq was established as an independent bank under its law of 6 March 2004, as an independent body, which is responsible for maintaining price stability and implementation of monetary policy, including exchange rate policies and daily sessions for the sale and purchase of currencies.

http://www.alsumaria.tv/news/210018/link

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JJonesMX:  Sure seems as if;  this news was "STOP SHORT" .... to me... there solution imo... Remove the EXCHANGE RATE RESTRICTION....

July 16, 2017

The participation of His Excellency the Governor of the Central Bank of Iraq, Mr. Ali Mohsen Ismail at a meeting of the Institute for Development Policy Progress

His Excellency the Governor of the Central Bank of Iraq, Mr. Ali Mohsen Ismail Keywords participated in the meeting organized by the progress of the Development Policy Institute on Saturday, July 15, 2017 with a number of general managers gentlemen in the bank and a group of specialists in the financial and economic affairs.

He addressed the sovereignty of different matters related to the affairs of the banking and also the financial situation of the country, indicating in the midst of modern through the problems facing the balance of payments session especially the deficit in the budget year 2017, which leads to the instability of the state budget because the size of the dependence on the money that comes from abroad is higher than the money come from the inside.

The governor explained that the shortfall in the balance of payments will put pressure on the central bank because the country today is unable to foreign currency entry along with the money that the intervention of oil, noting that "the balance of payments deficit means that the country is unable to attract investors, tourists and others.

https://cbi.iq/news/view/296

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