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11am February 22nd, 2015     

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(Thank You My Ladies for sending this to us this morning)

MY LADIES:  GOOD SUNDAY MORNING EVERYONE. WELL STEP ONE IS COMPLETE.

THE BUDGET HAS BEEN PUBLISHED BUT IF YOU READ IT CLOSELY IT SEEMS THEY SEPARATED THE CHAPTERS AND ONLY CHAPTER ONE HAS BEEN PUBLISHED WHICH IS THE REVENUE.

THEY STILL NEED THE EXPENDITURE CHAPTER TO BE PUBLISHED. SO WE WAIT AND SEE WHAT THEY DO NEXT.

Number (4352) to ensure the doors of the budget disbursement for fiscal year / 2015

Iraqi Gazette newspaper published the general budget of the Federal Republic of Iraq
....


Millionday News 2/21/15   Part 2

Welcome to dinarupdates.com for news time with Millionday!!

Millionday: SO THEY ARE ACCPETING SUMO AND ARE GOING TO HAVE THEM MONITOR IT THROUGH READING THE COUNTERS ETC AS DONE EVERYWHERE

Millionday: NOTE -- THE KURDS AND FEDERAL ARE VERY SERIOUS ABOUT ACTIVATING ALL AGREEMENTS -- LOVE IT

Millionday: WE USED TO WATCH FOR ERBIL AGREEMENT EVERYDAY YEARS AGO --

Millionday: WHOOPOW SMILE

Millionday: Parliamentary Finance Committee confirmed on Saturday that the draft federal budget law will be published in the official newspaper the facts of Iraq on Sunday, while suggesting that it formed a committee to monitor the budget disbursement after publication and issue instructions from the Ministry of Finance.
~~~


Millionday News 2/21/15   Part 1

Welcome to dinarupdates.com for news time with Millionday!!

Millionday: WE HAVE ALOT OF VERY IMPORTANT NEWS TO LOOK AT TONIGHT

Millionday: NOTE --INTERNATIONAL HELP IN ALL SECTORS

Millionday: Farah pumice economic expert on the importance of the partnership between the public and private sectors urged for the advancement of the five joints in the country �industry, agriculture, tourism, trade, and services� .

alkhbayr Abdul Salam al-Qaisi stressed the need for private sector participation in the development aspects of the state, as in experiments developing and middle-income countries.

Millionday: NOTE --THEY ARE SAYING HOW IMPORTANT IT IS FOR THE PRIVATE AND PUBLIC SECTORS TO COMBINE EFFORTS FOR THE DEVELOPMENT OF IRAQ
~~~


EXOGEN February 20, 2015 

DO YOU KNOW THE ADVANTAGES AND DISADVANTAGES OF EXCHANGING WITH CURRENCY DEALERS AND CURRENCY BROKERS?

ADVANTAGES

1. MULTIPLE PAYMENT OPTIONS TO BUY CURRENCY

2. BUY/SELL ARRANGEMENTS CAN BE EXECUTED ONLINE

3. MANY OF YOU ALREADY HOLD RESERVES WITH DEALERS & ARE CUSTOMERS

4. YOU HAVE THE OPTION TO GET IQD & CASH OR BOTH

5. YOU CAN LIQUIDATE MULTIPLE CURRENCIES
....
 


VN Must Confront 'Plague' Of Corruption By Tackling Bribery

VietNamNet Bridge - Bribes are sometimes given as gifts during Tet, but they are also a year-round problem, Dang Ngoc Dinh, director of the Center for Community Support Development Studies, told the Tien Phong (Vanguard) newspaper.

Tet is drawing near, and some people are worried that this is an occasion where bribes could be given under the pretense of being Tet gifts. 

Your centre has conducted some surveys on corruption in Viet Nam. What's your opinion on giving and receiving Tet gifts?

Yes, Tet is an occasion for people to give gifts to each other. But bribery takes place all year round. For example, it could be camouflaged as a present at a wedding party. That's why we should not equate Tet presents with acts of bribery.

~~~


D42    Here's a question, if they stop the daily auctions and don't immediatly impliment a new exchange regime (float or other), won't they be loosing 10's of Millions per day they were receiving from the auctions? 

How long can they take that kind of hit?   Dinar4two

Rockstar    No they will not they only make a small spread difference as a commission. 
~~~


 

EXOGEN February 20, 2015 

HOW MANY OF THESE TIPS, POINTERS AND STRATEGIES ARE INCLUDED IN YOUR EXCHANGE PLAN TODAY?

 1. LEVERAGE MULTIPLE BANKS

2. UNDERSTAND BANKS WORK FOR YOU

3. UNDERSTAND (ROI)-RETURN ON INVESTMENT IS ALL THAT MATTERS

4. UTILIZE MULTIPLE CURRENCY ACCOUNTS & MULTI CURRENCY ACCOUNTS TO HEDGE FOR USD "DEVALUATION"

5. HAVE YOUR TIMED EXCHANGE PLAN READY

6. UNDERSTAND WHICH CURRENCIES HAVE NO RESTRICTIONS
....
 


In-Depth Monetary Market Management

The word "belief" has cropped up often during the recent months when one talks about the monetary market and the management policies by the State Bank of Vietnam (SBV). 

The central bank has adopted a series of measures, as well as made explicit moves to stabilise the market, but a number of people still worry if the policies have been able to lay the foundation for market stability in the future. 

The Vietnam News Agency spoke to the Deputy Governor of the SBV, Nguyen Thi Hong, about this issue. 
~~~


The below posts were in our 6pm newsletter
KTFA:

Frank26:  NO ONE AND I MEAN NO ONE KNOWS THE DATE NOR RATE OF THE IQD'S MR (Monetary Reform) !!!

WITH THAT SAID THIS IS FOR YOU MY KTFA FAMILY:

22nd/CBI SET. 22ND GOI SET. GOICBI SET. WE FOLLOW THE TARRIFFS AND TAXES FOR MARCH 1ST.

 ALAAK FOR SHABIBI. ITEAM IS GUARDING HIM WITH THE EYES OF HAWKS.

AMBAR AND LD'S. FRENCH WAR SHIPS POISED WITH OURS IN PERSHING GULF LOADED WITH FIGHTER PLANES. WHEN WE ASKED ITEAM MORE THEY SAID .................. "NO TALK NO MORE ........ WE ARE WITH S..... JUST WATCH."

Side bar......... IMO ..... We are walking into March. What did I tell after October 28th 2014?

So lets watch and pray for the coming days to reveal more of the IQD's MR progress.

Aloha ......  KTFA    Frank

.... 


Tlar & Members CBI & Budget Discussion Part 3

hi-five     If the auctions stop on Sunday, then will bond sales will be the new means by which to control the exchange rate?   Something has to replace the auctions.  And if banks will be facilitating this, won't the currency need to be internationally traded? 

Sorry Oldwaz - - I was posting at the same time.  Why do you think the auctions will continue? 

 I'm thinking the articles are saying they will not continue, and that the foreign currency will now be handled by the banks.    Here is a quote:  Sunday 22 of this month will see the discontinuation of the auction and the adoption of the banking system as a responsible foreign remittances,    Eyes are crossed!
~~~


Tlar & Members CBI & Budget Discussion Part 3

Dinarblowyourhorn 
   This seems interesting:  (thanks to snowflakes at PD)

 Tomorrow is a new mechanism for buying and selling the dollar

2/21/2015 0:00    BAGHDAD - Tariq al-Araji

revealed Governor of the Central Bank of Iraq on the Keywords that on Sunday 22 of this month, will stop work ERA Bank and the adoption of the banking system as being responsible for foreign remittances, pointing to direct the preparation of a study showing the feasibility of removing zeros at this stage.

According to Alak, statement singled out the "morning", that "the central bank since I assumed responsibility for the work to bridge the gap in his dealings."

and that "it was the finalization of the new version and leave the old ways, coupled with certain conditions can not remain governor at the central bank, which has the functions and the functions and activities of a large and important for the national economy. "He explained that the Governor of the Central Bank" is not true that the central stays busy selling the currency like ATM daily. "
~~~


 

MY LADIES:  GOOD SATURDAY MORNING EVERYONE, I WANT TO GO BACK IN TIME FOR A MIN AND BRING YOU SOMETHING STEVE SENT ME, IT'S FROM 2013 AND 2014 WHEN THE BIS AND IMF WERE HATCHING THE PLAN TO ALLOW IRAQ TO DO WHAT IT IS PLANNING TO DO TOMORROW.

Accepting deposits in BIS bring benefit to Iraq

12/26/2013 0:00

A return to the focus of world attention indicators

BAGHDAD - Mustafa al-Hashemi

Economist Dr. appearance of Mohammed Saleh said that the announcement of the BIS accept deposits from Iraq will benefit the country through capital investment projects investments Almalah.okan Bank for International Settlements (BIS) which is an acronym for the Bank for International Settlements))
....


EXOGEN February 20, 2015

QUESTIONS TO ASK YOUR CURRENCY DEALERS:

1. CAN YOU COVER RESERVES & LAYAWAYS?

2. IS YOUR FIRM LIQUID TO COVER THE CURRENCY ON RESERVE/LAYAWAY?

3. IS YOUR FIRM COVERING THE RESERVE/LAYAWAY BASED ON CREDIT?

4. DOES YOUR COMPANY HAVE THE PHYSICAL CURRENCY ON HAND IN INVENTORY, IF I WANT THE CURRENCY ONCE THE RATES GO LIVE?

5. HOW LONG WILL IT TAKE YOU TO GET THE PHYSICAL CURRENCY ONCE THE RATES GO LIVE AND CURRENCY PRICES CHANGE?
....


BondLady and Admins Chat CBI Auction 02/21/2015  Part 2

Tomorrow. A new mechanism for selling and buying of the dollar

[tlm724] Central Bank Governor explained that "it is not true that the Central remains preoccupied with selling the currency like ATM daily",

[tlm724] the CBI is saying they aren't preoccupied with pumping the dollars out daily like an ATM machine ! They have bigger fish to fry now !

[BondLady] the auctions help build the CBI reserves to the 70+ billion dollars it is today

[BondLady] so CBI feels they have enough gold and foreign money in the reserves to move forward with the LD's and also that the gov is finally doing their part in building up the economy private sectors and state sectors
~~~


BondLady and Admins Chat CBI Auction 02/21/2015  Part 1

Tomorrow. A new mechanism for selling and buying of the dollar

21/2/2015 12: 00 am    Baghdad: Tareq al-araji

Iraqi Central Bank Governor disclosed the relationship to Sunday 22 of this month will see the discontinuation of the auction and the adoption of the banking system as a responsible foreign remittances, 

referring to direct a study to demonstrate the feasibility of removing zeros in this stage. and relationship, said a statement with "morning", "the Central Bank since taking responsibility for action to bridge the gap in his dealings", 

stating that he "finished a new version and leave the old ways coupled with certain circumstances can't keep Governor of the Central Bank, which has the functions and tasks and activities of large and important to the national economy. "
~~~


aggiedad77 � February 21st, 2015, 12:43 pm 

Saturday News Summaries and Commentaries

Hello Family, there is quite a bit of news today about the changing of the mechanism within the CBI....but there is one piece of all these articles including the first one that WS posted on the old thread that states the CBI governor cannot remain as CBI governor due to certain conditions.....that to me is HUGE news....if he is leaving this says MUCH about TIMING....and then we have to ask the question WHO will replace him.

Central Bank announces stop working Bmzadeh daily currency

The first of a number of related articles that speaks to the new mechanism that kicks in on Sunday....and also mentions the CBI Governor leaving.
....


aggiedad77 � February 21st, 2015, 10:02 am  Good Morning Family.....am starting to work on news summaries but wanted to get this out.....something that I picked up on this morning and can't believe we missed it last night and today......

All the news articles that WS has posted about the change in the CBI mechanism.....all of them included this little blurb...."coupled with certain conditions can not remain governor at the central bank"......

That to me is a HUGE piece of news....cleverly hidden amongst all the other exciting news of these articles about the change coming to the CBI.....

But to me this is all about TIMING.....why does he feel the need to leave now.....and even more importantly....WHO is going to replace him.....this just adds to the importance of this news to me that the CBI is undergoing a major shake up.....just wanted to pass this along before I got busy with the summaries. Aloha  Randy
....  


 

Early Saturday Morning:

Stage3Alpha: 

SATURDAY "BUDGET" COUNTDOWN INTEL UPDATE!!!!!   Posted by EXOGEN on February 21, 2015

The Final Countdown: 

https://www.youtube.com/watch?feature=player_embedded&v=9jK-NcRmVcw#t=0

AJM0603 > Everywhere we have read things will happen the 22nd.

- Master Card/Visa activate officially on the 22nd.

- CBI initiates their new system on the 22nd.

- The Budget for 2015 will be publicly viewable on the 22nd.

Today is the 21st. WAIT FOR THE 22nd.
.... 


 

(Note: Recaps Has No Information about GROUPS. Please Do not email or comment to us about this~ Thank You)

Jester's Place:  

[Jester] dinarrocks ROUND 2 IS THE UST GROUPS THAT ARE ALREADY CONTRACTED TO GO THROUGH AFTER ROUND 1 IS PAID...

[Jester] IF YOU ARE IN ONE YOU KNOW IT... IF YOU DO NOT KNOW IT THEN YOU ARE IN "THE GROUP"... GENERALS64....

[dinarrocks] Jester Does that include the Gen64 group?

[Jester] NOPE...

[dinarrocks] Jester So, IYO, Round 1 first, ROund 2, then "THE GROUP", ie Gen64?

[Jester] dinarrocks THAT'S IT...
....
 



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