| | | Central Bank of Iraq will gradually raise the price of the dinar | |
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dry NNP Family Poster


Posts: 3621 Joined: 2008-07-08
 | Subject: Central Bank of Iraq will gradually raise the price of the dinar Wed Dec 31, 2008 6:12 pm | |
| Central Bank of Iraq will gradually raise the price of the DinarThe volume of total demand for the dollar at the meetings of the Central Bank of Iraq last week, to close at $ 655 million, compared with more than 796 million achieved in the previous week, while the exchange rate had stabilized at 1172 dinars to the dollar. The adviser to the Iraqi central feature, Mohamed Saleh, said the policy of the bank's canteen for the sale of foreign currencies, «focus on stabilizing the exchange rate and strengthen the Iraqi dinar against the dollar, to counter inflationary pressures which, in our view that the exchange rate the most important». It is the policy of «Central» to raise the value of the dinar «gradually.
The average daily demand increased last week at 163.8 million dollars, which is higher than the highest rates achieved in the last period, as the third quarter of this year, the rate of 150 million dollars at each meeting ».
The Central Bank of Iraq «reduce the interest rate to 14 percent rather than 15 percent».[b]http://translate.google.com/translate?hl=en&sl=ar&tl=en&u=http://www.iraqdirectory.com/DisplayNewsAr.aspx%3Fid%3D7892 _________________ Johann Wolfgang Von Goethe - “A man sees in the world what he carries in his heart"
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|  | | roundabout New Poster


Posts: 7 Age: 47 Joined: 2008-12-29
 | |  | | dejavu Power Poster


Posts: 1283 Age: 99 Joined: 2008-06-24
 | Subject: Re: Central Bank of Iraq will gradually raise the price of the dinar Wed Dec 31, 2008 6:27 pm | |
| no wonder they are wanting to change their policy, gradual aint workin!  |
|  | | Screwball Power Poster


Posts: 1111 Joined: 2008-06-30
 | Subject: Re: Central Bank of Iraq will gradually raise the price of the dinar Wed Dec 31, 2008 6:42 pm | |
| yeah right people! wake up smokescreen! |
|  | | dbltap Master Poster


Posts: 1633 Joined: 2008-06-25
 | |  | | owl Superior Poster


Posts: 629 Joined: 2008-06-27
 | Subject: Re: Central Bank of Iraq will gradually raise the price of the dinar Thu Jan 01, 2009 8:59 am | |
| | dry wrote: | Central Bank of Iraq will gradually raise the price of the Dinar
The volume of total demand for the dollar at the meetings of the Central Bank of Iraq last week, to close at $ 655 million, compared with more than 796 million achieved in the previous week, while the exchange rate had stabilized at 1172 dinars to the dollar. The adviser to the Iraqi central feature, Mohamed Saleh, said the policy of the bank's canteen for the sale of foreign currencies, «focus on stabilizing the exchange rate and strengthen the Iraqi dinar against the dollar, to counter inflationary pressures which, in our view that the exchange rate the most important». It is the policy of «Central» to raise the value of the dinar «gradually. Maybe what will happen is CBI will step away from normal policy of 'slo-grow' and RV the dinar in order to finally "stabilize" the rate, Possibly pegging to a basket (stabilizer)?...Just a thought(JMHO)
The average daily demand increased last week at 163.8 million dollars, which is higher than the highest rates achieved in the last period, as the third quarter of this year, the rate of 150 million dollars at each meeting ».
The Central Bank of Iraq «reduce the interest rate to 14 percent rather than 15 percent».[b] http://translate.google.com/translate?hl=en&sl=ar&tl=en&u=http://www.iraqdirectory.com/DisplayNewsAr.aspx%3Fid%3D7892 |
_________________ Once Was Lost...
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|  | | dry NNP Family Poster


Posts: 3621 Joined: 2008-07-08
 | Subject: Re: Central Bank of Iraq will gradually raise the price of the dinar Thu Jan 01, 2009 1:00 pm | |
| | owl wrote: | | dry wrote: | Central Bank of Iraq will gradually raise the price of the Dinar
The volume of total demand for the dollar at the meetings of the Central Bank of Iraq last week, to close at $ 655 million, compared with more than 796 million achieved in the previous week, while the exchange rate had stabilized at 1172 dinars to the dollar. The adviser to the Iraqi central feature, Mohamed Saleh, said the policy of the bank's canteen for the sale of foreign currencies, «focus on stabilizing the exchange rate and strengthen the Iraqi dinar against the dollar, to counter inflationary pressures which, in our view that the exchange rate the most important». It is the policy of «Central» to raise the value of the dinar «gradually. Maybe what will happen is CBI will step away from normal policy of 'slo-grow' and RV the dinar in order to finally "stabilize" the rate, Possibly pegging to a basket (stabilizer)?...Just a thought(JMHO)
The average daily demand increased last week at 163.8 million dollars, which is higher than the highest rates achieved in the last period, as the third quarter of this year, the rate of 150 million dollars at each meeting ».
The Central Bank of Iraq «reduce the interest rate to 14 percent rather than 15 percent».[b] http://translate.google.com/translate?hl=en&sl=ar&tl=en&u=http://www.iraqdirectory.com/DisplayNewsAr.aspx%3Fid%3D7892 |
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It's a thought Owl, but what could they peg to at this point?[b]  _________________ Johann Wolfgang Von Goethe - “A man sees in the world what he carries in his heart"
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|  | | dirt14 Big Poster

Posts: 105 Age: 45 Joined: 2008-08-30
 | Subject: cbi raising the value gradually Wed Jan 07, 2009 10:46 pm | |
| The Central Bank of Iraq is raising the value of iraqi dinar graduallyJanuary 07, 2009The Consultant at the Iraqi central bank, Mudhir Mohamed Saleh, said that the bank's policy in its auction for the sale of foreign currencies, focus on stabilizing the exchange rate and strengthen the Iraqi dinar against the dollar, to face inflationary pressures which in our view that the exchange rate the most important. It is the policy of the central bank to raise the value of dinar gradually. The average daily demand increased last week at 163.8 million dollars, which is higher than the highest rates achieved in the last period, as the third quarter of this year, the rate of 150 million dollars at each session. The Central Bank of Iraq reduced the interest rate to 14 percent rather than 15 percent. Source(Azaman) Back to Iraqi News & Iraqi dinar Updates |
|  | | Keonee Administrator Assistant


Posts: 6271 Joined: 2008-06-24
 | Subject: Re: Central Bank of Iraq will gradually raise the price of the dinar Wed Jan 07, 2009 11:19 pm | |
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|  | | | | Central Bank of Iraq will gradually raise the price of the dinar | |
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