elmerf123456 wrote CBI News & Announcements To / all licensed banks and money transfer companies approved all and exchange companies approved all (to suspend trading in dollars) 03/09/2015 The central bank acknowledged on 01/09/2015 conduct a public auction auction (C144) for the sale of the bank for their remittances (91) days 03.09.2015 http://www.cbi.iq/?pid=Home&lang=ar
elmerf123456 wroteIf this is true and they have suspended the sale and use of US dollars yes it’s not just good it’s fantastic because that means they’re raising the value of their money and that is exactly what we’re looking for
elmerf123456 wroteI might include also coincides with the sale of their bonds as opposed to junk bonds of the past if this is the play it’s all designed to not only increase the value of their dinar but stimulate their economy. Fantastic News.
N0N0 wrote elmerF – question is when will they do that?
elmerf123456 wrote I’m looking into it. If it’s a true post on CBI I would say now!
(Well if its posted on the CBI it would be from them as that is their site http://www.cbi.iq/ …maybe he is wondering if the interpretation is correct??? )
deemoney wrote Elmer- Thanks! The Reuters report about the euro bonds going on sale the day after labor day would also mean they plan to have a international rate by then right? That lines up with the news and announcements from the cbi. Imo we’re going to see our RV this week!!
SO I WENT TO THE THE CBI ARABIC SITE http://www.cbi.iq/?pid=Home&lang=ar …. SCROLL DOWN TO THE 2ND SECTION AND THE FIRST POST STATES:
الى /المصارف المجازة كافة و شركات التحويل المالي المجازة كافة و شركات الصرافة المجازة كافة (ايقاف التعامل بالدولار)
THAT TRANSLATES AS: To / all licensed banks and money transfer companies approved all and all licensed exchange companies (to suspend trading in dollars)
03/09/2015 (SEPT. 3 2015)
CLICK ON THAT LINK AND IT TAKES YOU TO AN ARABIC PDF: http://www.cbi.iq/documents/Announcemen.3-9-2015.pdf
AND LOL I HAVE NO IDEA WHAT THAT STATES…..
okrocks wrote so many times we have seen starts and stops with the above mentioned items… but truly this time looks for real… it has to stop sometime may as well be now biggrin
Depaul13 wrote okrocks…. get your dancin’ shoes ready….. LOL
luvwulfs wrote This whole eurobond thing is confusing so I looked up what they actually are..www.investinganswers.com/financial-dictionary/bonds/eurobond-229
Looks like they just may be getting ready. I sure hope so. Why would you sell bonds in a currency other than that of your country?
MEMPHIS: Original press unedited:
A) scheduled to travel a senior government delegation, including ministers, officials and experts in the financial and economic affairs,next week, to the United States and Britain to discuss the issue of Iraq sovereign bonds,
B) “The source said, “The delegation will include government and finance ministers, oil and Governor of the Central Bank and the consultants and experts in economic and financial Shan officials to discuss the process of issuing sovereign government bonds in the global financial market.”
1) It is unlikely that these meetings will conclude without some signatures. Delegations as they are calling this (in their own words) denote special purpose and intent.
2) If they 1st go to New York and THEN the city of London 2nd? Might we conclude that point #1 is even more true? That they are “inking the deal”?
possible that Iraq is about to do more than just “talk about the process” and is in reality actually selling these bonds next week (signatures) in the “global financial market” that is located where exactly? NY and London. I see real intent here as a real possibility and if Nova’s position holds true (and it seems sound to me) that the dinar needs a change in status to allow ALL of the above?
okrocks wrote so many times we have seen starts and stops with the above mentioned items… but truly this time looks for real… it has to stop sometime may as well be now