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DINARESGURUS.BLOGSPOT.COM_________________ _______

Thursday, January 18, 2018

GLOBAL CURRENCY DINAR NEWS January 18th 2018 - Youtube

UPDATE FROM DEALER OF IQD, 18 JAN

They say "Next Week" again ..... uuuuffffffff but they are more positive or ..... it would be great ... God is Good.
***** Nothing new for now. Many SPECULATING out there, but nothing concrete. God is Good.
***
TRANSLATION:

Me dicen "Next Week" otra vez..... uuuuffffffff pero estan mas positivoooo..... seria buenisimo... God is Good.
*****
Nada nuevo por ahora. Muchos ESPECULANDO por ahi, pero nada concreto.
God is Good.

***********

Arab Monetary Review The role of “exchange rate policy” in reducing inflation, 18 JAN

18/1/2018 12:00 am

ABU DHABI –
The exchange rate policy, organized by the Institute for Economic Policy in the Arab Monetary Fund in cooperation with the International Monetary Fund (IMF) Center for Economics and Finance in the Middle East, was recently opened in Abu Dhabi and will continue until the 25th of this month.
A statement issued by the Fund on the Director of the Institute of Economic Policies d. Saud Al-Breikan delivered a speech on behalf of the Director-General of the Arab Monetary Fund, Abdulrahman bin Abdullah Al-Humaidi, in which he said: “The session is of particular importance, highlighting many issues related to the management of economic affairs in the wake of the global financial crisis and the consequent decline in growth Especially in large economies, which has led some countries into recession. ” Course Themes

“The course focuses on the fundamentals of the analysis of various exchange rate systems, how to read the international currency and exchange rate indices, as well as ways to determine the adequacy of foreign reserves of countries, the relationship between exchange rate policy and macroeconomic policies, , Basic data from the fixed-to-flexible exchange rate, and currency crisis indicators within the framework of the early warning system. ”
“The global financial crisis has shown that countries that have pursued a sound and disciplined macroeconomic policy have been least affected by the consequences of the crisis, some of which have been reflected in the flow of funds into their economies in the form of foreign direct investment that has contributed to maintaining balanced economic growth in these countries,” the statement said. Inflation Control
“The policy of exchange rate is one of the most important policies adopted by countries to maintain the stability of macroeconomic variables, the most important of which is inflation, which is one of the obstacles to economic growth,” adding that “control of inflation is through the adoption of a mix of monetary policy and more disciplined, Appropriate exchange rate policy “.
“The fixed exchange rate policy helps curb inflation, and the flexible exchange rate policy helps absorb external shocks,” he said. “The results of adopting such economic policies were evident during many of the economic crises that hit the world economies over the past two decades, Mitigate the negative effects of these crises “. Competitiveness
The statement pointed out that “the flow of capital significantly, in the presence of effective monetary policy, enables countries to avoid the consequences of these flows of high real exchange rates and thus reduce the competitiveness of their exports.”
“Although these flows contribute to an increase in the volume of reserves, the accumulation of reserves may entail costs of interest payments on government bonds that are used to absorb the liquidity left by these flows,” he said. Private capital is short-term as this money is often a quick exit. “
http://www.alsabaah.iq/ArticleShow.aspx?ID=151229

The Inter-bank Forex Market, 18 JAN

Sunny:  The Inter-bank Forex Market

Investopedia - The Inter-bank Forex Market


The interbank market is the top-level foreign exchange market where banks exchange different currencies.[1] The banks can either deal with one another directly, or through electronic brokering platforms.

The Electronic Broking Services (EBS) and Thomson Reuters Dealing are the two competitors in the electronic brokering platform business and together connect over 1000 banks.[1] The currencies of most developed countries have floating exchange rates.

These currencies do not have fixed values but, rather, values that fluctuate relative to other currencies.
....
The interbank market is an important segment of the foreign exchange market. It is a wholesale market through which most currency transactions are channeled. It is mainly used for trading among bankers. The three main constituents of the interbank market are:

the spot market

the forward market

SWIFT (Society for World-Wide Interbank Financial Telecommunications)

The interbank market is unregulated and decentralized. There is no specific location or exchange where these currency transactions take place. However, foreign currency options are regulated in a number of countries and trade on a number of different derivatives exchanges. Central bank in many countries publish closing spot prices on a daily basis.

Unlike the stock market, the foreign currency exchange market (Forex) does not have a physical central exchange like the NYSE.[2] Without a central exchange, currency exchange rates are made, or set, by market makers.[1] Banks constantly quote a bid and ask price based on anticipated currency movements taking place and thereby make the market.

Major banks handle very large forex transactions often in billions of units.[1] These transactions cause the primary movement of currency prices in the short term.

Other factors contribute to currency exchange rates and these include forex transactions made by smaller banks, hedge funds, companies, forex brokers and traders.

Companies are involved in forex transaction due to their need to pay for products and services supplied from other countries which use a different currency. Forex traders on the other hand use forex transaction, of a much smaller volume with comparison to banks, to benefit from anticipated currency movements by buying cheap and selling at a higher price or vice versa. This is done through forex brokers who act as a mediator between a pool of traders and also between themselves and banks.

Central banks also play a role in setting currency exchange rates by altering interest rates.

By increasing interest rates they stimulate traders to buy their currency as it provides a high return on investment and this drives the value of the corresponding central bank's currency higher with comparison to other currencies.

https://en.wikipedia.org/wiki/Interbank_foreign_exchange_market
Foreign exchange market

The foreign exchange market (Forex, FX, or currency market) is a global decentralized or over-the-counter (OTC) market for the trading of currencies.

This market determines the foreign exchange rate. It includes all aspects of buying, selling and exchanging currencies at current or determined prices. In terms of trading volume, it is by far the largest market in the world, followed by the Credit market.[1]

The main participants in this market are the larger international banks. Financial centers around the world function as anchors of trading between a wide range of multiple types of buyers and sellers around the clock, with the exception of weekends.

Since currencies are always traded in pairs, the foreign exchange market does not set a currency's absolute value but rather determines its relative value by setting the market price of one currency if paid for with another. Ex: 1 USD is worth X CAD, or CHF, or JPY, etc..

The foreign exchange market works through financial institutions, and operates on several levels.

Behind the scenes, banks turn to a smaller number of financial firms known as "dealers", who are involved in large quantities of foreign exchange trading. Most foreign exchange dealers are banks, so this behind-the-scenes market is sometimes called the "interbank market" (although a few insurance companies and other kinds of financial firms are involved).

Trades between foreign exchange dealers can be very large, involving hundreds of millions of dollars. Because of the sovereignty issue when involving two currencies, Forex has little (if any) supervisory entity regulating its actions.

The foreign exchange market assists international trade and investments by enabling currency conversion. For example, it permits a business in the United States to import goods from European Union member states, especially Eurozone members, and pay Euros, even though its income is in United States dollars.

It also supports direct speculation and evaluation relative to the value of currencies and the carry tradespeculation, based on the differential interest rate between two currencies.[2]

In a typical foreign exchange transaction, a party purchases some quantity of one currency by paying with some quantity of another currency
.
The modern foreign exchange market began forming during the 1970s. This followed three decades of government restrictions on foreign exchange transactions under the Bretton Woods system of monetary management, which set out the rules for commercial and financial relations among the world's major industrial states after World War II.

Countries gradually switched to floating exchange rates from the previous exchange rate regime, which remained fixed per the Bretton Woods system.

The foreign exchange market is unique because of the following characteristics:

its huge trading volume, representing the largest asset class in the world leading to high liquidity;

its geographical dispersion;

its continuous operation: 24 hours a day except weekends, i.e., trading from 22:00 GMT on Sunday (Sydney) until 22:00 GMT Friday (New York);

the variety of factors that affect exchange rates;

the low margins of relative profit compared with other markets of fixed income; and
the use of leverage to enhance profit and loss margins and with respect to account size.

As such, it has been referred to as the market closest to the ideal of perfect competition, notwithstanding currency intervention by central banks.

According to the Bank for International Settlements, the preliminary global results from the 2016 Triennial Central Bank Survey of Foreign Exchange and OTC Derivatives Markets Activity show that trading in foreign exchange markets averaged $5.09 trillion per day in April 2016.

This is down from $5.4 trillion in April 2013 but up from $4.0 trillion in April 2010. Measured by value, foreign exchange swaps were traded more than any other instrument in April 2016, at $2.4 trillion per day, followed by spot trading at $1.7 trillion.[3]

The $5.09 trillion break-down is as follows:

$1.654 trillion in spot transactions

$700 billion in outright forwards

$2.383 trillion in foreign exchange swaps

$96 billion currency swaps

$254 billion in options and other products

https://en.wikipedia.org/wiki/Foreign_exchange_market
Investopedia Explains How the FOREX Market Works

The forex market is the largest financial market in the world, trading around $1.5 trillion each day. Trading in the forex is not done at one central location but is conducted between participants through electronic communication networks (ECNs) and phone networks in various markets around the world.

The market is open 24 hours a day from 5pm EST on Sunday until 4pm EST Friday. The reason that the markets are open 24 hours a day is that currencies are in high demand. The international scope of currency trading means that there are always traders somewhere who are making and meeting demands for a particular currency.

Currency is also needed around the world for international trade, as well as by central banks and global businesses. Central banks have relied on foreign-exchange markets since 1971 - when fixed-currency markets ceased to exist because the gold standard was dropped. Since that time, most international currencies have been "floated", rather than pegged to the value of gold.

At each second of every day, countries' economies are growing and shrinking because of economic and political instability and infinite other perpetual changes. Central banks seek to stabilize their country's currency by trading it on the open market and keeping a relative value compared to other world currencies. Businesses that operate in many countries seek to mitigate the risks of doing business in foreign markets and hedge currency risk.

To do this, they enter into currency swaps, giving them the right, but not necessarily the obligation to buy a set amount of a foreign currency for a set price in another currency at a date in the future. By doing this, they are limiting their exposure to large fluctuations in currency valuations.

Due to the importance of currencies on the international stage there needs to be round-the-clock trading at all times. Domestic stock, bond and commodity exchanges are not as relevant, or in need, on the international stage and are not required to trade beyond the standard business day in the issuer's home country. Due to the focus on the domestic market, demand for trade in these markets is not high enough to justify opening 24 hours a day, as few shares would be traded at 3am, for example.

The ability of the forex to trade over a 24-hour period is due in part to different time zones and the fact it is comprised of a network of computers, rather than any one physical exchange that closes at a particular time. When you hear that the U.S. dollar closed at a certain rate, it simply means that that was the rate at market close in New York. But it continues to be traded around the world long after New York's close, unlike securities.

The forex market can be split into three main regions: Australasia, Europe and North America. Within each of these main areas there are several major financial centers. For example, Europe is comprised of major centers like London, Paris, Frankfurt and Zurich. Banks, institutions and dealers all conduct forex trading for themselves and their clients in each of these markets.

Each day of forex trading starts with the opening of the Australasia area, followed by Europe and then North America.

As one region's markets close another opens, or has already opened, and continues to trade in the forex market. Often these markets will overlap for a couple hours providing some of the most active forex trading.

So if a forex trader in Australia wakes up at 3am and decides to trade currency, they will be unable to do so through forex dealers located in Australasia but they can make as many trades as they want through European or North American dealers.

With all of this action happening across borders with little attention to time and space, the sum is that there is no point during the trading week that a participant in the forex market can't potentially make a currency trade.

https://www.investopedia.com/ask/answers/05/forex24hoursaday.asp

DINAR IRAQ & DONG VIETNAM UPDATE, 18 JAN

The next prime minister will be among these three figures onlyBaghdad News –
The newspaper “Al Watan” Saudi Arabia, that the post of prime minister next is confined between the current Prime Minister Haider Abadi, Vice President Nuri al-Maliki and Secretary General of the Badr Organization Hadi Amiri, noting that the Dawa Party may have to build an alliance between the list of victory and the list of state law to ensure the survival of the post Presidency of the Government.
baghdadnews.info
****
(Baghdad: Al-Furat News) The coalition of Iraqi forces officially proposed to postpone the elections scheduled for 12 May to 2019.
The Presidency of the bloc of parliamentary forces in a statement received by the agency {Euphrates News} a copy of it will provide “in the parliament session for today two proposals, the first postponement of the upcoming elections, and the other a serious and thoughtful proposal to amend the federal budget for 2018.
The bloc attributed its proposals “based on the requirements of the public reform and the realization of social and political justice among the Iraqi people, in accordance with the constitutional principle of equality of opportunities among Iraqis and in view of the tragic circumstances and Cairo.
It also attributed to “the lack of the necessary conditions set by the Council of Ministers to hold the elections, foremost of which is the restoration of stability of the liberated areas, the return of all displaced persons, the creation of the electoral climate and the security of the liberated areas.
The statement pointed out that the first proposal is to postpone the parliamentary elections and councils of seats for at least a year, to allow the government and political and popular forces to complete the necessary conditions set by the Council of Ministers with the extension of the work of the House of Representatives.
He pointed out to the second proposal that “in the event of elections on time, we call on behalf of the people to postpone the elections in the provinces occupied by terrorist organizations and confined to conduct in other provinces.” is over
****
Baghdad News –
WASHINGTON (Reuters) – The US Treasury Department said on Tuesday that it had been involved in currency auctions by the Central Bank of Iraq, which allows banks and exchange houses to access the US dollar, while the Iraqi government took nearly a year to prevent their participation.
The magazine said in a report that ‘Daash was able to smuggle at least 400 million dollars from Iraq and Syria after the defeat, and this criticism can be the smuggling of money outside Iraq or invest in the local Iraqi markets.
“In 2014 and 2015, I participated in currency auctions conducted by the Central Bank of Iraq, which allows banks and the role of currency exchange to get the US dollar in cash and help Baghdad to stabilize the exchange rate. But the Iraqi government took almost a year to prevent the participation of the criminal group ‘.
The report added that ‘Dahed knows that Baghdad control the informal economy and exploited it has dominated the old smuggling routes when they occupied parts of Iraq and Syria in 2014, making them able to earn a million or more daily from the economy of war, and the organization smuggled In addition to gold and oil, where evidence suggests the complicity of a number of political parties and individuals closely associated with them from Iraq and neighboring countries in fueling this black market.
“He has invested at least $ 250 million through intermediaries in the Iraqi market in Baghdad and the liberated areas, often tribal chiefs or businessmen with clean records and who can hide their links to the terrorist organization,” the report said. They are given a lump sum of cash to invest in certain businesses, then the organization takes up a portion of the profits’.
He pointed out that ‘the money laundering operations carried out by Dahesh are carried out by companies as a front of business such as car companies and electronics shops and pharmacies, but their favorite work is banking shops’.
According to the Central Bank of Iraq, ‘hundreds of small exchange houses associated with Da’ash are now operating in Baghdad. These companies allowed the group to convert the Iraqi dinar to the US dollar, a currency that would have more access worldwide. ‘
baghdadnews.info

Trusts Unlimited Confrence Call

DINAR GURUS UPDATE, 18 JAN

1-18-2018   Newshound/Intel Guru Mnt Goat  I believe we have 13 days for the US Treasury to complete their part of the re-instatement process. This must be done in order for the CBI to go forward with their next step. There are so many...reasons we...have read about as to the need to re-instate the currency such as trading partner’s need to trade in middle eastern currencies and not US dollars. ...we are hearing rumblings from the US govt on the funneling of dollars to terrorist organizations thru the currency auctions. Well…there is a solution to the problem - it is to shut down the auctions. But if they do this they must re-instate the currency and thus allow them to pay the foreign debtors with dinars and not US dollars.

1-18-2018   Newshound Guru mike
   Articles:  "Sunday .. the heads of blocs hold a meeting to discuss the budget and elections"  "Kurdish blocs decide to boycott all parliamentary sessions related to the budget"   Complete lack of cooperation, nothing's changed.  The Shia want the election's held on time but the Sunni's are opposed, millions of their constituents are living in camps for the displaced. The budget's hang up is not with just the Kurd's, there are also concerns with how much the GOI is reducing pay for the government workers and other cost saving measures the IMF/WB have put on them for the loans they're receiving. Hopefully they get this sorted out quickly.

1-18-2018   Newshound/Intel Guru Mnt Goat   Whenever the CBI targeted a re-instatement in the past (2011, 2013, 2016 and 2017) it was always in January, with a massive educational campaign just prior to the scheduled event.  I have confirmation that the CBI fully intends to educate the citizens in Iraq prior to the re-instatement.  I have just heard from the CBI on Jan 16th...That they have already written statements for the news media and are waiting on the US to go ahead with the next step of the re-instatement process.  The CBI also told me on Jan 16th that a main news broadcast will give us an overview of the intended “next step” of the process and will be followed up with a deluge of other more detailed articles. In the articles they will tell the citizens what they need to know for this transition.  Knowing all this information what would you think is about to happen?   [post 2 of 2]

1-18-2018   Newshound/Intel Guru Mnt Goat   List of known FACTS:  In late December Iraq was finally released “fully” from Chapter VII sanctions.  Being released “fully” from sanctions enables Iraq to be a stand-alone sovereign nation once again.  Being a sovereign nation allowed Iraq to request the re-instatement of the Iraqi dinar.  In late December the CBI requested the re-instatement of the Iraqi dinar.  In later December the CBI coordinated with the US Treasury to roll out the process to the international exchanges (and other files and needed data).  We have read that the Iraqi fiscal year ends Dec 15th.  Whenever the CBI initiated any rate change (to the program rate) it was always done in January.  [post 1 of 2....stay tuned]

1-18-2018   Intel Guru RayRen98   [Among what we all seek what would you say brings you the highest confidence we will be exchanging soon...?]      CBI, rumors from the UST and BIS, new rates showing up… all that gives me more confidence.

1-18-2018   Newshound Guru Kaperoni     Article:  "Arab Monetary looking the role of the "exchange rate policy" in reducing inflation"   Quote:  "The course focuses on the basics of different exchange rates systems analysis, and how to read the international currency and exchange rates , market indices axes, as well as ways of determining the adequacy of foreign reserves for the states, as well as the relationship between the exchange rate policy and macroeconomic policies, and to discuss common problems in the exchange rate policies , the fundamental shift from a fixed exchange rate to the flexible data and indicators of currency crises within the framework of the early warning system."    yes, time for a more flexible exchange rate policy.

Kaparoni - "Big Win", 18 JAN

Kaperoni: Report: Organization Daesh bought the "dollar" of Mzadt currency in the Central Bank of Iraq

16/1/2018 BAGHDAD / NRT It revealed "Foreign Policy" magazine, American, Tuesday, for the participation of the organization Daesh in the currency by the Central Bank of Iraq, which allows banks and the role of currency exchange to get the US dollar auctions, between the Iraqi government almost took a year to prevent their participation.

The magazine said in a report, seen by NRT Arab today (January 16, 2018), he said that "Daesh managed to smuggle at least $ 400 million from Iraq and Syria after its defeat, and this cash can Daesh money smuggled out of Iraq or invest in Iraqi markets local. "

​The report pointed out that "in the years 2014 and 2015, participated Daesh in the currency by the Central Bank of Iraq, which allows banks and the role of currency exchange to get the US dollar in cash and help Baghdad to stabilize the exchange rate auctions. However, the Iraqi government almost took a year to prevent the participation of criminal group. "

The report added that "Daesh knows the lack of control of Baghdad on the informal economy and took advantage of it has Daesh dominated the ancient smuggling routes when parts of Iraq and Syria occupied in 2014, making them able to earn a million dollars or more per day of the war economy,

it has also organized smuggling the effects of priceless, in addition to gold, oil, where the evidence points to the complicity of a number of political parties and individuals closely associated with them from Iraq and neighboring countries in fueling the black market. "

The report, that "Daesh invested at least $ 250 million through intermediaries in the Iraqi market in Baghdad and the liberated areas and are often heads of tribes or businessmen, they have clean records, and they can hide their links with the terrorist organization. And are given a lump sum of cash to invest in certain business , then takes the organization Daesh portion of the profits. "

He pointed out that "the funds carried out by Daesh laundering operations conducted through front companies such as commercial auto companies and electronics stores and pharmacies, but preferred to work their shops is banking."

According to the Central Bank of Iraq, "the role of hundreds of small exchange associated Bdaash now working in Baghdad. And allowed these companies to transform a group of Iraqi dinar to the US dollar, the currency will have more access all over the world."

http://www.nrttv.com/Ar/Detail.aspx?Jimare=68266

Kw: not surprising

Kaperoni: US report shocking central bank auction and share it Daesh


History of edits:: 2018/1/16 21:00

[Oan- follow - up] revealed the magazine [Foreign Policy] US, on Tuesday, the participation Daesh in currency auctions by the Central Bank of Iraq, which allow banks, companies and shops banking currency access to the US dollar, between the Iraqi government almost took a year to prevent their participation.

The magazine said in a report, said that "Daesh managed to smuggle at least $ 400 million from Iraq and Syria after its defeat, and this cash can Daesh money smuggled out of Iraq or invested in local Iraqi markets."

The report pointed out that "in the years 2014 and 2015, participated Daesh in the currency by the Central Bank of Iraq, which allows banks and the role of currency exchange to get the US dollar in cash and help Baghdad to stabilize the exchange rate auctions, but the Iraqi government almost took a year to prevent the participation of criminal group. "

The report added that "Daesh knows the lack of control of Baghdad on the informal economy and took advantage of it has Daesh dominated the ancient smuggling routes when parts of Iraq and Syria occupied in 2014, making them able to earn a million dollars or more per day of the war economy,

it has also organized smuggling the effects of priceless, in addition to gold, oil, where the evidence points to the complicity of a number of political parties and individuals closely associated with them from Iraq and neighboring countries in fueling the black market. "

The report, that "Daesh invested at least $ 250 million through intermediaries in the Iraqi market in Baghdad and the liberated areas and are often heads of tribes or businessmen , they have clean records , and they can hide their links with the terrorist organization, and are given a lump sum of cash to invest in certain business , then takes the organization Daesh portion of the profits. "

He pointed out that " the funds carried out by Daesh laundering operations conducted through front companies such as commercial auto companies and electronics stores and pharmacies, but preferred to work their shops is banking."

According to the Central Bank of Iraq, " the role of hundreds of small exchange associated Bdaash now operating in Baghdad, and allowed these companies to transform a group of Iraqi dinar to the US dollar, the currency will have more access all over the world."

​They were Iraqi judges specialized issues of money laundering that "millions of dollars had been smuggled out of the country by traders, bankers and fictitious companies and money transfer benefiting from the currency auction sale of the Central Bank of Iraq."

And raised suspicions of corruption and operations of money laundering through the central bank auction as announced, specialized issues of integrity and economic crime and money laundering misdemeanor court, on August 20 , 2015 issued sentences of imprisonment and a fine against the officials of the Rafidain Bank and the North after being convicted on charges of corruption and money laundering, pointing out earlier to the presence of 20 defendants in these cases , some degree of chairman of the board of Directors. "

http://www.alliraqnews.com/modules/news/article.php?storyid=70377

monty.monks.007: Hopefully they can trace it all & the people involved.

Punisher: monty.monks.007, Maliki and co.

Kaperoni: Report: Organization Daesh bought the "dollar" from Mzadt currency in the central bank

20:40 - 16/01/2018 Information / follow-up ...It revealed "Foreign Policy" magazine, American, Tuesday, for the participation of the organization Daesh in the currency by the Central Bank of Iraq, which allows banks and the role of currency exchange to get the US dollar auctions, between the Iraqi government almost took a year to prevent their participation.

The magazine said in a report, seen by / information /, said that "Daesh managed to smuggle at least $ 400 million from Iraq and Syria after its defeat, and this cash can Daesh money smuggled out of Iraq or invested in local Iraqi markets."

The report pointed out that "in the years 2014 and 2015, participated in the Daesh currency by the Central Bank of Iraq, which allows banks and the role of currency exchange to get the US dollar in cash and help Baghdad to stabilize the exchange rate auctions. However, the Iraqi government took almost a year to prevent the participation of criminal group. "

The report added that "Daesh knows the lack of control of Baghdad on the informal economy and took advantage of it has Daesh dominated the ancient smuggling routes when parts of Iraq and Syria occupied in 2014, making them able to earn a million dollars or more per day of the war economy,

it has also organized smuggling the effects of priceless, in addition to gold, oil, where the evidence points to the complicity of a number of political parties and individuals closely associated with them from Iraq and neighboring countries in fueling the black market. "

The report, that "Daesh invested at least $ 250 million through intermediaries in the Iraqi market in Baghdad and the liberated areas and are often heads of tribes or businessmen, they have clean records, and they can hide their links with the terrorist organization. And are given a lump sum of cash to invest in a particular business, then it takes the organization Daesh part of the profits. "

He pointed out that "the funds carried out by Daesh laundering operations conducted through front companies such as commercial auto companies and electronics stores and pharmacies, but preferred to work their shops is banking."

According to the Central Bank of Iraq, "the role of hundreds of small exchange-related Bdaash now working in Baghdad. And allowed these companies to transform a group of Iraqi dinar to the US dollar, the currency will have more access all over the world "./ ended 25 d

http://www.almaalomah.com/2018/01/16/273759/

Tobyboy: Corruption all over the place a nd the CBI temp governor knows this who the bigs are for a long time without doing anything about it. Amasing you leave a scum bag like him in the CBI Mr. Abadi

http://dinaralert.webs.com/apps/forums/topics/show/13465980-report-organization-daesh-bought-the-dollar-of-mzadt-currency-in-the-central-bank-of-iraq

Iraq Dinar, Iraqi Banks, Iraqi Stock Exchange (ISX) News > Dollar exchange rate today

Tgirl: 2018/1/14 [Ayna-Baghdad] Foreign exchange markets in Baghdad, on Sunday morning, stabilized at the dollar exchange rate against the Iraqi dinar.

The market price in the Kifah Stock Exchange in Baghdad was 1252 dinars per dollar, ie 125 thousand and 200 dinars per hundred dollars.

The prices of selling and buying dollars in banking companies were:

The selling price of the dollar is 1257.5 dinars, or 125 thousand and 750 dinars, for one hundred dollars.

The purchase price of the dollar is 1247.5 dinars, or 124 thousand and 750 dinars, for one hundred dollars.

http://translate.google.com/translate?hl=en&sl=auto&tl=en&u=http%3A%2F%2Fwww.alliraqnews.com%2F

Chattels: Interesting historical information :

Question : Mr. Tant, How does your office determine the correct rate of exchange for the new Iraqi currency, that for all intents and purposes, is virtually worthless in the world's markets? Thank you.

Hugh Tant III : The Central Bank of Iraq conducts a 'foreign exchange auction' process about 3 times per week to help ensure the new currency is stable. This process helps determine the exchange rate. At the moment, due to Iraqi exchange controls, the currency is not exchanged outside Iraq. This is likely to change in the future as Iraq continues to be welcomed back into the international financial community.

As oil exports increase and more funds are invested in Iraqi goods and services from outside the country, it is expected that the new Iraqi Dinar will appreciate in value over the long-term.

https://georgewbush-whitehouse.archives.gov/ask/20031120.html

It’s the truth I’m after, and the truth never harmed anyone. What harms us is to persist in self-deceit and ignorance." - Marcus Aurelius, Meditations,(VI: 21)

Punisher: That might be old but it is just as telling then but more-so now.....and what kicks off this international financial community....the Kuwait conference Smile

Chattels:
 Decrease in the dollar exchange rate today in Iraq


Date of release: 2018/1/16 11:07 • [Ayn-Baghdad] Foreign exchange markets in Baghdad, on Tuesday morning, a slight decline in the exchange rate of the dollar against the Iraqi dinar.

The market price in the Kifah Stock Exchange in Baghdad was 1249.5 dinars per dollar, ie 124 thousand and 950 dinars per hundred dollars.

The prices of selling and buying dollars in banking companies were:

the selling price of one dollar 1255 dinars, or 125 thousand and 500 dinars, for one hundred dollars.

The purchase price of the dollar is 1245 dinars, or 124 thousand and 500 dinars, for one hundred dollars.

http://www.alliraqnews.com/modules/news/article.php?storyid=70348

It’s the truth I’m after, and the truth never harmed anyone. What harms us is to persist in self-deceit and ignorance." - Marcus Aurelius, Meditations,(VI: 21)

http://dinaralert.webs.com/apps/forums/topics/show/13465738-dollar-exchange-rate-today

Kaperoni: The United States will participate with a large delegation at the Kuwait conference for the reconstruction of Iraq

January 16, 2018 US Ambassador Douglas Seelman said his country will participate in a large delegation at the Kuwait Conference on Iraq Reconstruction scheduled for mid-February.

“The United States will participate with a large delegation at the conference to support the reconstruction of Iraq to be held in Kuwait,” Sileman said in a press statement during his visit to Karbala.

He noted that “this visit is the first of the province of Karbala and the US government looks forward to helping Iraq in the reconstruction after the defeat of ISIS.”

The conference is likely to be held in Kuwait from Feb. 12 to 14, with the participation of countries, organizations and companies.

The government estimated that it needed $ 100 billion to rebuild the devastated areas of the ISIS.

http://en.economiciraq.com/2018/01/16/the-united-states-will-participate-with-a-large-delegation-at-the-kuwait-conference-for-the-reconstruction-of-iraq/

Punisher: Marshall Plan

The conference is likely to be held in Kuwait from Feb. 12 to 14, with the participation of countries, organizations and companies.

Mike: I'm betting Iraq will get some immediate small change and pledges for the real money. That money will come with strings attached, it will be interesting to see what Iraq will concede for even a quarter of their goal of $100 billion.

Kuwait is predominately a Sunni country as well as the Saudi's, deals will be cut and policies changed to get the kind of scratch Iraq needs to re-build Anbar Province. 

IMO --Stay grounded...

Shengwah: This does seem positive. The US just needs to bribe the right people to pass the right laws, and bingo! We're in the money! --"Figures never lie, but sometimes liars figure." Anonymous

Punisher: Again, everyone and their mother wants in on Iraq and helping to rebuild.....hence today's version of the Marshall Plan!

Norway announces major companies ' desire to participate in the reconstruction of Iraq Kuwait Conference

Since 2018-01-17 Pursue balance news

The Norwegian Government announced Wednesday major companies wished to participate in the International Conference on Iraq's reconstruction Kuwait scheduled for next February.

The Government said in a statement that the non-resident Ambassador of Norway in Baghdad tuna Norway desire quoted Elizabeth participate the Conference during the meeting with the Secretary General of the Iraqi President's Cabinet team to prepare for the Mahdi relationship.

The statement quoted Ambassador blessing to the Iraqi victory in organizing certain ISIS continued cooperation and support for Iraq in all fields and follow them and interest in the Affairs of Iraq in particular subject Iraqi elections.

For his part revealed the relationship about preparations for a Conference of the main axis Kuwait expressing his happiness to share great Norway companies.

Kuwait is scheduled international conference for the reconstruction of Iraq on 12 February with the participation of States and international organization.

http://www.microsofttranslator.com/bv.aspx?ref=SERP&br=ro&mkt=en-US&dl=en&lp=AR_EN&a=http%3a%2f%2fwww.mawazin.net%2f

Mike: The Marshall wasn't just about handing out money, 55% of the $13 billion the US handed out went to England, France and West Germany. The key was the policy changes that enabled the country's to build economies and grow their GDP.

It was not large enough to have significantly accelerated recovery by financing investment, aiding the reconstruction of damaged infrastructure, or easing commodity bottlenecks.

We argue, however, that the Marshall Plan did play a major role in setting the stage for post-World War II Western Europe's rapid growth. The conditions attached to Marshall Plan aid pushed European political economy in a direction that left its post World War II "mixed economies" with more "market" and less "controls" in the mix.

and

there is little evidence that direct economic effects account for the Marshall Plan’s success. Instead, the indirect economic effects, particularly in the implementation of liberal capitalistic policies, and the political effects, particularly the ideal of European integration and government-business partnerships, are the major reasons for Europe’s unsurpassed growth.

Iraq is still the 9th most corrupt nation on the planet, I just don't see them raising $100 billion with the current state of corruption and economic dysfunction. Just like the Marshall Plan in the 40's, ultimately, the countries are responsible for their own success.

They need to get out of the current socialist, centralized economy and "implement liberal capitilistic policies." If they don't, the donors are throwing good money after bad. IMO

Punisher: Mike, I agree that they might not reach the 100 billion goal come the February12th meeting but everyone wants in on iraq. That alone is great news. Even Russia today is looking to want in on Iraq big time. Lets see how this conference goes...

I wish they would just do that dirty exit, stop the auctions and let the dinar be traded internationally. Let these countries coming to that meeting be able to get their money out.

Tobyboy: Mike Correct as Punisher says everyone wants in on Iraq, as we know Iraq is the 9th most corrupt nation on the planet. Even the Iraq corrupt politicians can not wait til the money starts flowing in so the corrupt politicians of Iraq can start stealing this new found source of income. What do you bet they will steal 25% to 35% of this money for themselves and their parties.

Mike: Ditto Punisher, I'm hoping for the best as well. And tobyboy is right, without specific controls I'm concerned the donors are going to exert restraint until Iraq commits to the open market economy.

I'm hoping the Saudi's and Kuwaiti's can work out a deal where they are directly involved with the projects they fund and who control the projects themselves.

Infrastructure is the first item on the list, if Iraq will allow the Saudi and Kuwaiti companies to come in with their people to re-build the water, sewage, electrical, mosques, schools, roads and more in Anbar Province, this could be a big win for Iraq as a whole and the Sunni's particularly.

Let's see what comes on February 12th

Med Beds When The Reality Jared Rand

WSOMN CHAT, 18 JAN



Most Gracious and Heavenly Father, all indications that I am seeing is that the exchange process has started on the east coast making its way westward from there and it appears that JohnQ public will start there exchanges next week with indications that we will get ours (Tier 4 The Internet Group) prior to the public. Is it right? Only You know for sure but many of us are really anxious to get things going.

Dear Lord God Almighty, with all my heart Lord I hope and pray what is blowing in the wind on the Internet is correct. So many of our members are ready to just give up after so many rumors and false starts. They are still talking about us receiving 800 numbers at any moment now. I will be due in at work in the morning at 10 AM. If the 800 number comes out before then, I plan to call in sick. Let it be so Lord.

My dear friends if what is expected comes to past this morning or later on during the day, this may be my last post. My coming days will be filled with getting my Family Trust account hydrated and medical issues of my own addressed that have been put off in order to keep up with major payments and still put food on the table. If it were not for the Good Lord showing me the way to my present employment I would have lost much.

Thank you all for the well wishes you have given me by allowing me to speak my mind from time to time and share a little bit of encouragement from time to time. My Personal Prayers will continue during my one on One time with the Lord just prior to putting my head down for the night. Many of us will never meet face to face but I want you all to know my prayers will always include WISOMN and Dreams members.



Im loving Admins language game!!!!! So help me remember he has done Arabic, Chinese, Vietnamese and now Philipino..is that it?

cindylou - you may be on to something - most of the languages used are supposedly in the basket - and now he brings up the PI - makes you go hhhhmmmmmm

How about oodgat orningmay?

careful Ted, I know pig latin

oday ooya nderandstay igpay atinlay?

edta not too anyma peeps comprede piglatin

wonder if admin received his update that he was expecting later today -

Nancy needs to take that same cognitive assessment test.

Hi everyone,,, passing thru. Just wanted to say hi and stay warm... keep phones charged, ears open.. talk later..

BEEN AT WORK UNTIL LATE FOR INVENTORY. NEWS I AM GETTING IS VERY GOOD.

If Admin Bill is happy I am happy. Don't need to know details

The gurus don’t ever share the good news because it will stop the RV in its tracks and may cancel the whole thing

Wisofog14, huh???

Admin - no clue off hand on that Language

officially mouri language ... The Māori are the indigenous Polynesian people of New Zealand

Well heck when i looked it up it said Indonesia.

Thanks AB for the update. Glad to hear it is good news. Don’t suppose it’s good enough for an estimated date?

LOST GETS AN A+ THIS MORNING Māori (/ˈmaʊri/; Māori pronunciation: [ˈmaːɔɾi] listen), also known as te reo ("the language"), is an Eastern Polynesian language spoken by the Māori people, the indigenous population of New Zealand. Since 1987, it has been one of New Zealand's official languages

darn it... I missed the quiz
WSOMN CURRENCY NEWS - Rātū January 17, 2018



Music test questions. "Which group sang 'The Lion Sleep Tonight' and who is my is one of my favorite love song singers? Here's a hint on the last question...He sang "Chances Are".

Johnny Mattress


 
The Tokens sang The Lion Sleeps Tonight

Just received Bill's broadcast email with the tweet in it. Gives it a nice personal feeling. That's the way I'll look to get the announcement and the details that will come with it.

Please tell me that this news didn't have anything to do with the small meteor that lit up the sky that was on TV this morning.

G-Good morning...WSOMN? Is that you? I was abruptly awakened today by a membership approval to a forum I thought was defunct over 8-1/2 months? Of course, I am thrilled to see the regular suspects (Sunnysplace, adminbill, etc.) in residence but I'm feeling like Rip Van RV over here! Would anyone care to enlighten me with a brief synopsis via PM? Please?

Spearwolfe - same here- I hope it means Glad Tidings.

Amen-Horizon-happy tidings and clear skies ahead. I'm a deer in the headlights today. It's miraculous to see our WSOMN family back from the dead but, wow, have I been out of the loop or what?!

LOL! Clever catch there, H. We've been RV-looping for far too long. My family wrote me off as Crazy Uncle Spear the RV nut long ago. But I've been faithfully keeping up with TNT's calls. I've even enjoyed hearing from old friend intel guru Toni since Christmas. Now that we're back in the WSOMN paddock, the impending RV seems like a bright, shiny penny again.

I got an email a few hours ago with the same wording that was in the tweet


 
FOLLOW @WSOMN0629

Y'all are welcome. I received both the tweet and the email from Admin Bill. I believe Admin Bill sent out the email to eveyone he has an email address for. Make sure you get your email address to Admin Bill.

YW folks...lets hope Admins upbeat news brings us to the bank soon!

Hey WSOMN... what happened to RC's post from Mountain Goat today? Was it removed?

Hello, Everyone! So the email was definitely from Admin and not some sort of hoax? If so, it appears that he is indeed trying to let us know that our blessing is on the horizon! He's been very conservative with his intel to date so I trust that we must now be at the threshold of our miracle! God Bless!!

I'm EXCITED!!

CAFFEINDICATOR , I HAVENT SEEN IT, BUT, I DO BELEIVE ADMIN DOES NOT WANT ANY POSTINGS FROM MOUNTAIN GOAT... ALTHOUGH I HAVE NOT SEEN THAT POST HERE....

BLESSED, YES, IT WAS FROM OUR ADMIN....WHAT AN UP-LIFTING TWEET THAT WAS....SO, WE SIT AND WAIT IT OUT....WE CAN HANDLE THAT!!!!

Admin Bill = I definitely sit up and take notice when I hear an update from you. Man or few words, so I know to pay attention when they come. Thanks for looking out for us!

adminbillwrote 
1h ago
GOOD EVENING WSOMN. A BRIEF NOTE TO ADVISE THE ROOM AND THOSE THAT FOLLOW ME ON OTHER SITES TO LET YOU ALL KNOW THAT A BUSINESS PARTNERSHIP THAT I HAVE BEEN WORKING ON SINCE LATE LAST WINTER IS COMING TO THE END MUCH FASTER THAN I ANTICIPATED, AND IS VERY DEMANDING ALONG WITH MY CURRENT DAY JOB OF WHICH I MUST MAINTAIN. IT'S GOING TO BE A LOT OF WORK HOURS FOR ME TO MAINTAIN.

WHY IS THIS IMPORTANT TO YOU? IT MEANS THAT I WILL BE DEDICATING MORE WORK HOURS AND LESS 'ROOM TIME HERE.' MY TIME IN THE ROOM WILL BE ONLY A QUICK WORD OF HELLO OCCASIONALLY FROM MY CELL PHONE FROM WHEN I MIGHT HAVE A QUICK MOMENT AND AM AVAILABLE.

SHOULD THE EVENT YOU ALL ARE WAITING FOR OCCUR I WILL MOST CERTAINLY EITHER COME INTO CHAT IF POSSIBLE, OR ASK SUNNI DAZE TO NOTIFY THE ROOM. THE WSOMN HEADING WILL REMAIN WITH THE NOTABLE EXCEPTION THAT I WILL NOT BE ABLE TO CHANGE THE DATE SO WE WILL LEAVE THE MONTH ONLY. I DO APPRECIATE YOUR UNDERSTANDING OF MY WORK LOAD.

STAG1 wrote 
1h ago
Admin- hopefully you will be able to quit those 2 jobs soon

CindyLou wrote 
59m ago
Agreed Stag..you work awful hard Admin

Gunboat wrote 
54m ago
Dang, does that mean that the can is clanking longer than we would like?


 
BigHeart wrote 
49m ago
Thanks AdminBill. I hope you get to retire soon.

minnie mouse wrote 
29m ago
Admin....sorry you are having to work more. I understand. Thankyou and hopefully this will all end soon.