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DINARESGURUS.BLOGSPOT.COM_________________ _______

Sunday, January 21, 2018

REDENOMINATION PLAN NEWS: IRAN RIAL : CURRENCY REVALUATION A TWO YEARS PROCESS, 21 JAN

Executing currency revaluation in Iran by removing one or more zeroes from the rial will require conditions that will not materialize for at least another two years, the governor of the Central Bank of Iran said.
“We have had no directives in the Cabinet to remove a zero from the currency and that is not on our agenda,” Valiollah Seif also said in a talk with Mehr News Agency’s website.
He elaborated that CBI has sent a bill to the government, which is still under review and questioned the official use of rial known to the people as toman (minus one zero).
“Therefore, it was stated in the bill that the monetary unit be changed to toman, which is not yet definitive and must be sent to the parliament. So we have had no plan to remove one zero,” he said.
In early December, while ratifying the CBI bill during a Cabinet meeting presided over by President Hassan Rouhani, the government approved changing Iran’s monetary unit from rial to toman, which meant lopping off one zero from the current national currency.
As a result of a multitude of sanctions imposed in the past, the CBI chief said the removal of zeroes from the national currency will only be possible when the stability of the inflation rate–currently in single digit after more than two decades–becomes a sure thing.
In view of the current agreeable trend of inflation rate and provided that it endures, “conditions required to remove a zero will be established in the next two to three years”.

RV/INTELLIGENCE ALERT - January 21, 2018

Silence has fallen on the war front between the Alliance and the Cabal/MIC.

No anomalies are being detected on the planet at this time.


Several humanitarian groups and individuals are being told to expect early exchange contracts in Europe, Canada, and the U.S.


The Chinese Elders currently hold the codes to the release of the RV with the approval of all other Elders of the world.


Deadline for the RV release was set and locked-in.


Intel sources have been told to expect the transition event to begin within a time-span of 2 weeks.

Tank & Kim SPEAK Intel Wake-up RV Call Replay

RayRat Sunday Update 1/21/18

Weekend UPDATE for January 21, 2018

Posted by RayRen98


Bankers in Iraq can see the lower denoms ( 1's, 5's, 10's), however, they are NOT released yet!

US banks are on high alert (yes, once again) for rate changes coming soon. #wearethepeople8

Iraqi dinar strengthens its presence against the dollar 1/21/18

21-01-2018 05:28 PM

The Euphrates -
 
The exchange rate of the US dollar against the Iraqi dinar declined, on Sunday, in the Iraqi market. 

And reduced the exchange rate of one dollar to 1480 Iraqi dinars at the center of the Stock Exchange in the capital Baghdad today noon. 

The exchange rate was opened this morning at a price of 1485 dinars per dollar.

http://www.alforat.info/index.php?page=article&id=54470

Restored Republic via a GCR Update as of Jan. 21 2018

Compiled 1:00 am EDT 21 Jan. 2018 by Judy Byington

Judy Note: It is my opinion that recent Intel has indicated that the RV release has happened and there would be no turning back. Certain Zim holders (or humanitarian projects) have exchanged. Three Intel sources said the 800#s would be available by at least Tues. Jan. 23.

On the Restored Republic front with last night's government shutdown and last week's two Cabal attempts to launch nuclear missles at Hawaii and Japan, we might have ten days of trial until the Event aka: Trump's State of the Union Address on Jan. 30.

You could join in the fight against the Cabal (who are against implimentation of the Global Currency Reset) by pressing Congress for public release of the House Intel Committee Memo on corruption in the Department of Justice (DOJ) and FBI (see below).
....
**********

A. Jan. 20 2018 9:53 pm EST Intel Alert: Operation Disclosure GCR/RV Intel Alert for January 20, 2018 https://operationdisclosure.blogspot.com/

1. Silence has fallen on the war front between the Alliance and the Cabal/MIC.

2. No anomalies were detected on the planet at this time.

3. Several humanitarian groups and individuals were told to expect early exchange contracts in Europe, Canada, and the U.S.

4. The Chinese Elders currently hold the codes to the release of the RV with the approval of all other Elders of the world.

5. Deadline for the RV release has been set and locked-in.

6. Intel sources have been told to expect the Transition Event to begin within a time-span of two weeks.

**********

B. Jan. 20 2018 2:07 pm EST: "Q: Memo/the Storm" - GCR/RV Thought - 1.20.18

1. Read the Memo.

2. Release Coming.

3. Final Clearance Underway.

4. Make sure to learn Russian.

**********

C. Jan. 20 2018 1:41 am EST Abuse by DOJ and FBI: (Video) Shocking House Memo Allegedly Reveals FISA Abuse by Senior DOJ and FBI Officials

1. House Intel Committee Memo revealed FISA abuse by senior DOJ and FBI officials.

2. The House Intel Committee Memo was voted to be made available to Congress.

3. No Democrats voted to make the memo public.

4. Dossie to connect Trump to Russian collusion paid for by Clinton campaign.

5. Obama undermined Trump campaign by spying and wiring Trump Tower.

**********

D. Jan. 20 2018 1:46 am EST, @jerome_corsi: Jerome Corsi Decodes Today's Q Drop

1. A decode of #QAnon #Qanon8chan post on the Obama Administration use of private email servers and pseudonym email addresses to avoid government detection and back channel Black Hat activity.

2. https://www.scribd.com/document/369544772/Qanon-Decode-Post-Thursday-Jan-18-2018-Hussein-Cabinet-Staff-Vers-9-0-Jan-19-2018 … (Hussein = Obama)

3. Link to Scribd: http://tiny.cc/4jsfqy

4. Link to Tweet: https://twitter.com/jerome_corsi/status/954464188755333121

5. #RedPillANormieToday, #ReleaseTheMemo, #Qanon

**********
E. Jan. 20 2018 8:56 am EST Q Asks people to unite and press to release the House Intel Committee Memo: (Video) Q Posts, 1/19: Q Asks #WETHEPEOPLE to #UNITE and Press for #RELEASETHEMEMO

1. Today Jan. 20 Q asked Americans to unite and look beyond the Mainstream Media created divisions. "It's time to keep our aim steady and true and to ignite a unified #WETHEPEOPLE as this historical unrigging of our government gains more and more momentum in the #STORM unfolding.

2. The US Government shutdown was imminent as of Jan. 19 8pm Pacific.

3. Q further reported that there would be ten Dark Days (from now to Trump's Jan. 30 State of the Union Address).

4. Many would be jailed.

5. Last week's Nuclear missles intercepted after being launched on Hawaii and Japan was the Deep State attempts not release the House Intel Committee Memo on corruption in the DOJ and FBI.

6. The package on the Atlas Missle launched today Jan. 19 would help get intel on the Hawaii/Japan nuclear missle launches last week.

7. Trump's State of the Union Address on Jan. 30 would be huge.

8. After a White House meeting today Jan. 19 Chuck Schummer would no longer stand in the way of the House Intel Committee Memo on corruption in the DOJ and FBI being released.

**********

F. Jan. 19 2018 1:29 am EST Bank Story, One Who Thinks: "A Little Free and Verified Intel" by One Who Thinks - 1.19.18

1. A bond client in Zurich received a confidential letter from the bank he is working with to say that the Redemption has started.

2. Several banks in different countries were loosening funds to begin on Zim, exotic boxes and Dinar. (Others may have been implied, but not spoken)

3. A person who heads up the G-20 redemption efforts and is signatory buyer said that as things open up, the first 2,300 ZIM holders were being invited in to exchange.

4. In approximately three days (by Jan. 23), they would open to the rest of us Zim and currency people.

5. They estimate about 11 million total participants world wide.

**********

G. Jan. 20 2018 1:16 am EST System Changeover Bank Story, TNT Fuze: "System Changeover" - Bank Story from TNT Fuze 1-19-18

1. On Tues. Jan. 16 I called my local foreign currency branch, of a lead bank to inquire about purchasing a little more VND and Rupiah (I'm in the southeast USA). She said we can't transact any exchanges due to a "system change over".

2. She said we should be back up and running Fri. Jan. 19 and it was bank wide.

3. I called on Jan. 19 and the manager informed me they were notified last night that bank wide the systems will be back up this coming Tues. Jan. 23.

4. Last week a member was told by some rather obscure branch manager in a Walmart Store, who said "I'll see you on Jan. 24."
J. Jan. 20 2018 QAnon:

1. The CIA program “Operation Mockingbird” is still active.

2. As far back as the 1950s under “Operation Mockingbird,” the CIA paid under the table journalists and authors to parrot the CIA’s “talking points” with their by-lines. Readers, believing they were reading a journalist or author’s true opinions, were duped into accepting government propaganda as truth.

3. This was the origin of “fake news.”

4. This morning like clockwork the CIA emailed to its list of paid, lackey, lying journalists and authors the CIA “talking points."

5. The CIA is the heart of the “Deep State” still attempting a coup d’état to remove President Trump from the presidency.

6. The MSM has been reduced to being a CIA-paid government mouthpiece with a mission to speak government disinformation to keep the “Sheeple” in their drug-assisted sleep.

DR. CLARKE UPDATE, 21 JAN

DR. CLARKE (1-10-18):

We were just Wondering…..

For Years, hasn’t it always been Said & Known, that the citizens of Iraq would be satisfied FIRST - then the outside World Later?
Isn't there an ancient Belief amongst the Zuni Indians, that whenever there’s 2 Full Moons in One Month (Like there is this month of JANUARY - on the 1st and the 31st) - that whatever happens BETWEEN those TWO Full Moons (Especially with a Full Lunar Eclipse the 31st)
……..is Twice as Powerful. Twice as Special. Twice as Good. Twice as Benevolent. Twice as Significant. Twice as Magical. Twice as Impactful. Twice as Different. Twice as Surprising. Twice as IL-LOGICAL. Twice as Lucky?

Isn’t “RETRO” a really Magical Word?

We were just Wondering…..

Dr. Clarke
****
We were just Wondering…..
For Years, hasn’t it always been Said & Known, that the citizens of Iraq would be satisfied FIRST - then the outside World Later?

Isn't there an ancient Belief amongst the Zuni Indians, that whenever there’s 2 Full Moons in One Month (Like there is this month of JANUARY - on the 1st and the 31st) - that whatever happens BETWEEN those TWO Full Moons (Especially with a Full Lunar Eclipse the 31st)

……..is Twice as Powerful. Twice as Special. Twice as Good. Twice as Benevolent. Twice as Significant. Twice as Magical. Twice as Impactful. Twice as Different. Twice as Surprising. Twice as IL-LOGICAL. Twice as Lucky?

Isn’t “RETRO” a really Magical Word?

We were just Wondering…..Dr. Clarke

TNT TIDBIT, 21 JAN

Weekend UPDATE for January 23,(21st?)  2018

Bankers in Iraq can see the lower denoms ( 1's, 5's, 10's), however, they are NOT released yet!

US banks are on high alert (yes, once again) for rate changes coming soon.

RVacomin:  Its dated wrong… the 23 is tues....just a slip

Epicmom:    Is the 23rd a hint?

Pygmy577:  Hidden message lol

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

Bama57:  Everyday has it's possibilities that we will all have a great day and share the benefits of the RV… it keeps me going thinking of the possibilities

It's like any investment… it gives you something to hope for whereas some people have no hope or anything to too look forward to ….that with a possibility that something great will happen today …..we all took a chance that someday our ship will come in

Harambe:  Reuters: Iraq's supreme court rules against election delay
https://reut.rs/2DobkhW

Harambe:  Reuters: Egypt renews contract for 12 million barrels of Iraqi crude: EGPC official https://reut.rs/2mSt3XM

IQD CHAT, 21 JAN

xyz: cbi: "We are working on the development of certain objectives and programs in agreement with the International Monetary Fund to improve the financial situation and prevent a financial crisis in the future."

https://translate.google.com/translate?tl=en&u=http://economy-news.net/content.php%3Fid%3D10703

xyz: World Bank data showed Sunday that Iraq's financial coverage was 11.0 percent, ahead of a number of Arab countries. Financial coverage, known as financial spread, is the ability of the banking system to provide banking services to the largest number of segments of society at reasonable costs, and can be expressed in several measures, most notably the proportion of individuals over the age of 15 who have bank accounts in the banking system.
 ...
​https://translate.google.com/translate?tl=en&u=http://economy-news.net/content.php%3Fid%3D10710

xyz: Federation decides not to change the date of parliamentary elections

http://translate.google.com/translate?tl=en&u=http://www.alsumaria.tv/news/227471/-

xyz: Speaker of Parliament: Holding the elections by its date became binding after the decision of the Federal Court

http://translate.google.com/translate?tl=en&u=http://www.alsumaria.tv/news/227474/-

xyz: International confidence boosts Iraq's economic capabilities

http://www.alsabaah.iq/ArticleShow.aspx?ID=151388

Achieving economic advancement can be achieved by strengthening local capacities in all its aspects and gaining international confidence, which is the cornerstone of the work to achieve sustainable and effective economic development at the regional and international levels.

"The importance of containing the portfolios of the banking sector, the new and evolving products during the current year and be announced to all, as Iraq looks to the stage of actual construction, requiring banking services and harmony and this important stage of the history of Iraq, which seeks to build And reconstruction after a painful journey of challenges. "

 The positive opening pointed out that "the banking sector in front of the stage of proving the existence of real and will be able to achieve objectives in the presence of the components of that, where the availability of human resources and positive openness to the countries of the world and international confidence after the complete departure from the provisions of Chapter VII restricted financial activities only within certain limits" .

Al-Nouri said that "the financial sector during the past year has achieved many achievements led by the Central Bank of Iraq, most important in the field of money laundering and financing of terrorism and compliance and sophisticated systems and the reality of products offered to customers of different companies or citizens who are looking for new products depends regionally at the very least "He said.

He pointed out that "our banks are required to start where the world ended after the period of disconnection from the outside world for decades, which requires us to unite for the banking sector active and developed able to cooperate with the large numbers that are expected to invest in the Iraqi market." Calendar Control

xyz: He stressed the importance of interaction between the central bank and the banking system during the coming period, especially that the central bank is the father of banks and the regulator of its work, pointing out the importance of monitoring the calendar in the life of banking and protection from the dangers, but its role is positive in making the banking wheel in the right direction that benefits the national economy "He said.

 Human Resources Al-Nouri called for "giving more attention to human resources during the current year, especially as it represents the most important axes of success in the economic process in general and banking in particular, which makes us interested in banking focus on this important axis and make it one of the first plans for the current year "He said. Finance and investment

He pointed out that "among the services provided for financing and investment adopted by several Islamic banks on a non-interest basis, they are implemented in accordance with the provisions of the Islamic Sharia by opening investment accounts with the bank's money for those wishing to invest in all the requirements of Islamic Sharia (Murabaha, Mudaraba, ,

Establishment of companies and subscription of shares of companies and participation with other individuals, companies and institutions in the work and projects consistent with the objectives of the bank, as well as provide all bank financing and all sectors of industry, trade and agriculture, and management of investment portfolios . Capital
​The Executive Director of the Association of Iraqi bankers Silwan Abdul Manaf stressed "the importance of working to create an environment conducive to the international effort developed, global capital and technology is welcome to work in Iraq,"

 pointing out that "the country has solid companies able to enter into partnerships with international companies with Advanced classification on international regulations and implementation of high-precision wor

xyz: The Executive Director of the Association of Iraqi bankers Silwan Abdul Manaf stressed "the importance of working to create an environment conducive to the international effort developed, global capital and technology is welcome to work in Iraq,"

pointing out that "the country has solid companies able to enter into partnerships with international companies with Advanced classification on international regulations and implementation of high-precision work ".

He pointed out that "the reality of local economic relations requires presenting the reality of implementation with high transparency in front of the international effort to develop the ability to build confidence and strengthen relations, especially as the regional companies that have technologies and capital began to do relations with Iraq, especially that the global companies study the working environment in all aspects without Exception".

xyz: Ministry of Planning: The annual inflation rate for the year 2017 increased by 0.8 percent

http://translate.google.com/translate?tl=en&u=http://www.dijlah.tv/index.php%3Fpage%3Darticle%26id%3D205758

PhantomWolf: anyone know how i can find Jared the Med Bed guy?

xyz: The participation of the Governor of the Central Bank in the symposium of the Rafidain Center for Dialogue
https://cbi.iq/news/view/569

The Governor of the Central Bank of Iraq, Mr. Ali Mohsen Ismail, participated in the symposium organized by the Rafidain Center for Dialogue in Najaf Governorate, under the heading "Monetary Policy from Price Stability to Financial Stability and Economic Stimulation" and attended by a number of Directors General And financial.

xyz: Visit of the Governor of the Central Bank of Iraq Branch Basra

https://cbi.iq/news/view/568

In his visit to the branch of Basra: Governor of the Central Bank confirms the continued support of the banking sector in all of Iraq

The Governor of the Central Bank of Iraq, Mr. Ali Mohsen Ismail visited with a delegation of advanced leaders in this bank branch of the Central Bank in the province of Basra, and the delegation was keen to meet the staff of the branch and discuss the most important organizational matters in the work of the branch.

The Governor praised the work of the branch staff, stressing that the Iraqi Central Bank support the banking sector working in Iraq

Baxter: I thought Alak was governor of the Cbi??

spankie: when making all this up it is hard to remember!

Baxter: IM PRETTY SURE ITS ALAK... UNLESS HE GOT FIRED OR ARRESTED... :laugh

xyz: @Baxter the official name Mr. Ali Mohsen Ismail Al-Alaq https://cbi.iq/page/50

Baxter: OK.. NAMES TOOOO LONG..

spankie: they bumped him up the food chain?

xyz: @Baxter correct --- others have used the shortened name 'Ali Mohsin Ismail' http://www.iraq-businessnews.com/tag/central-bank-of-iraq/

Baxter: anyways.... guess we start another week.................... again
xyz: @Brow were you brown? ;Thud

Spectra: were you brown :??

xyz: Iraqi dinar strengthens its presence against the dollar

http://translate.google.com/translate?tl=en&u=http://www.alforat.info/index.php%3Fpage%3Darticle%26id%3D54470

Spectra: speaking of praying...pray for the Country...! Pray for the children and pray for the hungry,sad and impoverished!

Spectra: @Brow Good morning ...you always make me laugh!

Spectra: “A truly strong person does not need the approval of others any more than a lion needs the approval of sheep.” ―Vernon Howard

Spectra: here's to you Brow...

Spectra: YES! Hillary clinton, Obama Hundreds FBI AGENTS To Go down for this! https://youtu.be/RAC7vFySkOk

tman23: GOT A SNICKERS BAR ?.......WE MAY BE HERE A WHILE........ According to a statement released by the Iraqi Prime Minister’s office, the Iraqi government has placed new conditions on Kurdistan before normalizing relations and sending employee salaries, including a “full federal authority” over the Region, its airports, border crossings, and oil production and exports.

xyz: @tman23 Are you thinking Kurds happiness is holding RV?

tman23: @xyz ....Dont understand your question...... Abadi making these demands BUT Tehran is saying follow the constitution same as what all others are saying ...........

and Abadi demands are not part of that........Do you think Kurds will just hand over independence ?.......Iran is worried......

Turkey attack on Afrin (Kurds)......and Kurds just had massive protests in Iran....... certainly the region is unstable...... BUT like the Goat says.....At least the Vietnam currency is still an active currency and being traded so this one does sound plausible and possible........

THAT IS SOME FUNNY * THERE !!! THOUGHT CBI CONTACT SAID DONE DEAL AND JUST WAITING ON THE UST........... GOAT BS DOESNT FLOAT !! AND KAP.......Eventually they will have to float to compensate ........LMAO !!! .........EVENTUALLY SOMETHING WILL CHANGE REGARDING THE CURRENCY

xyz: @tman23 was referencing tman23: GOT A SNICKERS BAR ?.......WE MAY BE HERE A WHILE ...

Anyone that think ME is stable must be drinking Kool-Aid imo ... Let me try to rephrase it ... is it your opinion that RV will NOT happen until KRG and GOI issues have been resolved?

tman23: @xyz ..... YES IMO......THERE MUST BE AN AGREEMENT TO BE UNDER FEDERAL CONTROL....... The CBI needs the GOI to control and enforce certain laws and the Kurd region is just as corrupt as anywhere in Iraq........Montana always claimed a HCL agreement must come first........

What Abadi is proposing is signature to just that............BUT not so easy.......remember the Kurds got 3 billion from Russia state oil company to prepay for oil......... and there are a lot of these deals..........this thing gets real messy.......so Federal Control is most logical .........
tman23: @xyz
http://cabinet.gov.krd/uploads/documents/2018/KRG_Oil_and_Gas_Sector__Frequently_Asked_Questions_ENG_KU.pdf

xyz: @tman23 just wanted to understand your position. Ty

Spectra: KTFA-POST---Planning: High annual inflation rate in Iraq for 2017 The Ministry of Planning announced on Sunday that the annual rate of inflation in Iraq for 2017 by (0.8 % ).

"The annual inflation rate for the year 2017 rose by 0.8 percent due to the increase in the food and non-alcoholic beverages sector by 0.4 percent and the increase in the housing sector by (2 percent)," Ministry of Planning spokesman Abdul-Zahra al-Hindawi said in a press release on January 21 2018. , 5%) and higher rent group prices by (0.8 %).

"The index for the last month of 2017 (December) increased by (0.3%) because of the increase of food and non-alcoholic beverages by (0.1%) and housing by (1.1%) and the Department of Health by (0.1%), and Education (3.1 % ). He added that the basic inflation index rose by (0.1%) and annual rise by (0.2%) and the price survey for the month of December did not include the provinces of Anbar and Nineveh

Spectra: Watch the inflation ....SHABBIBI SAID WHEN INFLATION RISES ...That will set up the dinar for a upswing..

Spectra: watch the video listen to DR .Shabibi .....
Spectra: Perhaps this will lead to the action we want...

Spectra: Like i said perhaps....But use your own discretion....Economics makes good sense..

Baxter: ACTION?? that word is not in the Iraqi vocabulary...

Spectra: @Baxter very true
Spectra: @Baxter they are somewhat like turtles..
Spectra: @Baxter in the sense they hide their heads in a shell...
Spectra: @Baxter and only pop their head out to get hand outs!

Dave: ...at least they have a working Govt

Spectra: lol

Dave: oops yes they are working just not getting paid
Dave: similar to iraq

Spectra: yes

Dave: This huge Donor conference in Kuwait coming up may be a moot if they cant figure out elections and budget?

Dave: or they just looking for free handouts......
Dave: like the Mexicans paying for the wall

Dave: After the defeat of ISIS Abadi stated that their next phase would be going after corruption........I see Maliki may be running again.......

Dave: not from the law .....

Baxter: well... any way you look at it..... we start another week of Dinar Fantasy tomorrow..
Baxter: Unless Wang Dang has a call tonight... :laugh  
Spectra: Dozens of suffocations in Iraq caused by a dust storm Large numbers in Baghdad

Spectra: The dust storm that has gripped various parts of Iraq since yesterday has caused dozens of suffocations, which have been largely concentrated in Baghdad. The city of Fallujah witnessed more than 50 cases of suffocation due to the dust storm that swept through the city on Saturday,

according to Director of Information of Falluja General Hospital Nazem al-Hadidi, in a press statement, stressing that the injured are 27 men and 15 women and 8 children.

Spectra: he bulk of these cases were concentrated in the capital, Baghdad, which received 895 cases of suffocation due to the dust storm that has continued since yesterday.

Spectra: That is a lot of people....

Spectra: The Iraqi air forces attributed the activity of the wind to "a deep low air coming from the Mediterranean and accompanied by high winds of more than 50 kilometers per hour caused dust and dust storms occur in the center and south of the country where the vision was not 500 meters, accompanied by rain in the region North and reached medium levels ».

Adding that «this low helped by another low coming from the Red Sea and the impact of their integration in this region of instability», expected «continued wind activity until Saturday afternoon».
IQD CHAT

DA CHAT, 21 JAN

Tgirl Administrator    Central Bank of Iraq (CBI) News > Alaq announces the opening of a new branch of the central bank in Najaf

Tgirl Administrator    Saturday 20 January    Alsumaria News / Najaf
The governor of the Central Bank of Iraq Ali Alalak, Saturday, close to the opening of a new branch of the Central Bank in the province of Najaf, while the new branch will provide services to the Middle Euphrates .

"We will open a new branch of the central bank soon in Najaf to provide services to the Middle Euphrates," Alaq said at a press conference held at the Rafidain Center for Dialogue in Najaf province.
 ...
​"The relationship with the International Monetary Fund is a partnership relationship, and they have no conditions other than the development of the banking sector," adding that "the adequacy of foreign exchange reserves within international standards is 160%, which is a good indicator."

The governor of the Central Bank of Iraq Ali Alalak revealed, on Tuesday (December 26, 2017), that the bank reserves of foreign currency of 48 billion dollars, pointing out that Iraq will not resort to floating the currency.   LINK

Kaperoni Moderator    Governor of the Central Bank announced the commencement of procedures for the opening of a branch of the bank in Najaf

January 20, 2018   The Governor of the Central Bank on the Keywords necessary for the start of the opening of a branch of the Iraqi central measures in Najaf.

Keywords and said in a statement during his visit to the shrine of Imam Ali (AS) in Najaf, "it was starting to take the necessary measures to open up the central bank branch in Najaf, was found on some of the sites that have already been studied, and will take the necessary action branch steps."

Keywords cast a lecture at the Two Rivers Center for dialogue under the title of (monetary policy of price stability to financial stability and economic stimulus).

LINK

Mickey    Any thouhts on what is meant by the Governor saying " Iraq will not resort to floating the currency"

Punisher   Allak sure seems to keep screaming no float....yet again. Its like a every few weeks now.

Holly    NO Float .........

Sweetpea    Simply sounds like they are not willing to "take a chance" on a float.

Kaperoni Moderator    Until they get in compliance with the IMF and reduce the spread to 2% or less, I would assume any such discussion is a "stable dinar". Eventually they will have to float to compensate for the presure created by the influx of investment capital.  Here are a few articles from the Research Library...

http://www.imf.org/external/pubs/ft/op/256/op256.pdf
  
http://www.imf.org/external/pubs/ft/wp/2004/wp04126.pdf

http://www.imf.org/external/pubs/ft/issues/issues38/ei38.pdf

http://www.imf.org/external/pubs/ft/op/193/chap3.pdf


Shengwah      They wouldn't have mentioned a float unless they knew they were eventually going to float. But like Kap said, the conditions are not right yet. Who knows when they will be? In the coming days...

--"Figures never lie, but sometimes liars figure."  Anonymous

  
Imagemaker      What's the Iraqi translation for managed float.

Tobyboy    Well maybe we see something in 2019 its always pushed to another year. How can you believe anything this Temp CBI Governor says, I don't believe anything he says, maybe ( Just Dreaming ) see something by end of year. Lots of Luck on that.

Punisher    Imagemaker,

"The relationship with the International Monetary Fund is a partnership relationship, and they have no conditions other than the development of the banking sector,


LovesBudgies   I like your quote, P:

"The relationship with the International Monetary Fund is a partnership relationship, and they have no conditions other than the development of the banking sector,"
--
since we have been seeing article after article about developments in the banking sector.

http://dinaralert.webs.com/apps/forums/topics/show/13466416-alaq-announces-the-opening-of-a-new-branch-of-the-central-bank-in-najaf
​*******************************************

Kaperoni Moderator   Iraq Dinar, Iraqi Banks, Iraqi Stock Exchange (ISX) News > Strengthen international confidence in Iraq's economic capabilities

Kaperoni Moderator   Strengthen international confidence in Iraq's economic capabilities
1/21/2018 0:00   We seek construction and reconstruction
BAGHDAD / Hussein Tgb   Economic advancement can be achieved through the strengthening of local capacities in all its aspects and gain international confidence, which is the cornerstone of action to bring sustainable and effective economic development at the regional and international level.

The competent international affairs and economic Aqeel Al - Nouri stressed " the importance that contain banking sector bags, new and advanced products during the current year and to be announcing in front of everyone, where Iraq is looking to the stage of actual construction, require banking services in harmony and this important stage of the history of Iraq , which seeks to build and reconstruction after a painful journey of challenges.

" Positive opening pointed out that " the banking sector to prove the actual existence of the stage and will be able to achieve its objectives in the presence of the elements of it, where the availability of human resources and openness positive on the countries of the world and international confidence after the full exit from the provisions of Chapter VII of the restricted financial activities only within certain limits" .

 He said Al - Nouri said , " the financial sector over the past year has made a lot of achievements led by the Central Bank of Iraq , the most important in the field of money laundering and terrorism financing, compliance and sophisticated systems and the reality of products offered to customers on the differences that, companies or citizens who are looking for new products based regionally at least ".

He noted that "our banks claim that start from where the world ended after a period of interruption from the outside world for decades, which requires us to unite in order to effectively and developed banking sector is able to cooperate with the large numbers which is expected to be invested in the Iraqi market."

Calendar control and stressed " the importance of the interaction between the central and the banking system during the coming period, especially as the central is the father of the banks and the regulator of the mechanics work, pointing to the importance of the calendar control in the banking life and protect them from dangers, but their role is positive in making the banking wheel going in the right direction that would benefit the national economy. "

 Human Resources called for Nouri to "work to give human resources greater attention during the current year, especially when it represents the most important axes of success in the overall banking and economic process in particular, which we make us interested in affairs of the banking focus on this important axis and make it one of the first plans for the current year ".

Finance and investment was between that "among the services offered to finance and investment adopted by a number of Islamic banks on a non - basis interest, shall be implemented in accordance with the provisions of Islamic law by opening investment accounts with the money the bank for those wishing to invest in all Matjisah Islamic Sharia (Murabaha, Mudaraba, AQAH etc.),

and the establishment of companies and IPO companies and participate with others from individuals, companies and institutions in business and projects consistent with the objectives of the bank, as well as providing all banking funds and all industrial, commercial and agricultural sectors, and portfolio management investment.

" Capital The executive director of the Association of Iraqi Chierweijn Silwan Abdul Manaf stressed " the importance of working to create an attractive environment for international effort advanced, generally mark global funds and advanced technology are welcome to work in Iraq ,

" pointing out that " the country has solid companies are able to enter into partnerships with companies global with advanced classification on international regulations and the implementation of business with high accuracy.
" He cautioned that "the reality of local economic relations requires a reality show implementation of high transparency in front of the international effort developed to be able to build confidence and strengthen relations , especially since the regional companies that have the technology and capital began to do its relations with Iraq, especially as the international companies considering the work of all aspects of the environment without Exception".

http://www.alsabaah.iq/ArticleShow.aspx?ID=151388

Kaperoni Moderator    IMO, there is no external confidence in Iraq's banking system until the CBI is in Article VIII and dinar transactions are accepted worldwide through the global banking system.  They can talk about all they want, but I don't think investors will come if they cannot get there profits out of Iraq.  Iraq needs to understand this and begin currency reform.

Punisher   Kap, above you wrote  but I don't think investors will come if they cannot get there profits out of Iraq    Are you expecting the kuwait conference with all these so called big companies etc showing up to be a bust?

wn          Just another manic Monday. Another conference. More talk about in the comming days. The world is poised and ready, but until Disneyland unlocks its financial gates, everyone is just on the outside looking in. Maybe come back next Sunday to see if they are ready yet.

Hungry people care little about empty slogans and emptier promises, and productive people who've lost their pride through no fault of their own are reduced to fury..........


ChuckRoast        Several issues are in play here and have been for some time.  First of all the politicians are as corrupt as anyone and don't want currency reform b/c it will interfere with their pillage of money and power. Secondly, their dna will not allow them to negotiate without bias.

In other words, they want everything without giving up anything.  When the day comes that the powers to be realize that the world with have nothing to do with them, then and only then will Iraq want to negotiate inteligently but it will be too late I feel.

Better to remain silent and be thought a fool than to speak and to remove all doubt.  ABRAHAM LINCOLN.

Punisher              A month or so ago....remember those bonds that everyone ate up and went above and beyond what anyone was thinking was gonna happen with them...just sayin.

Mike Moderator    Agreed Kap, You're right Punisher, I think a bunch of us were surprised by the $2 billion in sovereign bonds that were purchased, but this is a whole different animal. Iraq needs north of $100 billion and there's no way they can raise nor finance that kind of scratch.

Iraq keeps using the word "investment" and if it truly is an investment, it's going to be tough to attract because you can put your money into Iraq, you just can't get it back out. That's a tough sell. Does anyone have a list of companies that are coming to this conference, I've always understood it as a meeting of nations, not investors.

Kaperoni Moderator   Punisher, there is a difference between a private sector and a conference to solicite donations to rebuild infrastructor.

Punisher    Mike I have seen article on this very site that says companies and countries coming to this conference. Make of that what you will.

Bglong    So would the cryptocurrencies be a way around this and what affect would this have if they are?

http://dinaralert.webs.com/apps/forums/topics/show/13466459-strengthen-international-confidence-in-iraq-s-economic-capabilities 
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Iraq General News > Pictures .. moment to raise the Iraqi flag in Rawa liberated

Kaperoni Moderator   Pictures .. moment to raise the Iraqi flag in Rawa liberated
History of edits:: 2017/11/17 19:48

http://www.alliraqnews.com/uploads/news/image/medium/story_img_5a0f12ec522bf.jpg

http://www.alliraqnews.com/modules/news/article.php?storyid=68395

This should be it for ISIS .

Kaperoni Moderator   Officially .. the end of the "Daesh" militarily in Iraq

17/11/2017 1:17:52 pm   Announced the Iraqi Interior Minister Qasim al-Araji, on Friday, the end of the terrorist organization Daesh militarily in Iraq, after the liberation of the city of Rawah, western Anbar province from the grip of the entire organization.

Quoted "Alsumaria News" channel al-Araji, his blessing to the Iraqi people liberation of the city, stressing that it is liberating the terrorist organization Daesh has ended militarily in Iraq.

The commander of purging the Upper Euphrates and the island's operations, Lieutenant-General Abdul Amir Rashid Allah Yar, announced earlier in the day, spend editing Rawa completely from the grip of the terrorist organization, raising the Iraqi flag over government buildings.

https://www.e3lam.org/2017/11/17/260861  
​Kaperoni Moderator   This is big news.  The Iraqi gov can now move forward with the economy.

Invinrv  Thanks Kap. Lets hope so!  A good reason for Iraqi's to celebrate.  It's been a long time coming :)

Bglong    Thanks Kap

Punisher   Iraq is 99.9% free of ISIS.....it should be 100% before December hits hopefully.

Punisher    https://www.chathamhouse.org/expert/comment/isis-still-business

Interesting article....I put it in this thread because this was the end of ISIS....but ISIS continues to get their hands on cold hard cash according to the article. This is why they need to end the auctions and take their currecny international. It kills two birds with one stone....

1) it cuts of fthe corrupt from stealing from the auctions and the people, and it
2) stops ISIS from getting their hands on money.

This was an eye opening read.