>>> Discounts from DinarTrade for Mentioning NNP, Neno, or Nenos Place when Purchasing Dinars <<<
Home­Videos­Register­Log in
Post new topic   Reply to topicShare | 
 

 Central Bank of Iraq will gradually raise the price of the dinar

View previous topic View next topic Go down 
AuthorMessage
dry
NNP Family Poster
NNP Family Poster


Posts: 3621
Joined: 2008-07-08

PostSubject: 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 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.

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"
Back to top Go down
roundabout
New Poster
New Poster


Posts: 7
Age: 47
Joined: 2008-12-29

PostSubject: Re: Central Bank of Iraq will gradually raise the price of the dinar   Wed Dec 31, 2008 6:15 pm

OH NO! I wonder what THEIR gradually means. scratch
Back to top Go down
dejavu
Power Poster
Power Poster


Posts: 1283
Age: 99
Joined: 2008-06-24

PostSubject: 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! Laughing
Back to top Go down
Screwball
Power Poster
Power Poster


Posts: 1111
Joined: 2008-06-30

PostSubject: 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!
Back to top Go down
dbltap
Master Poster
Master Poster


Posts: 1633
Joined: 2008-06-25

PostSubject: Re: Central Bank of Iraq will gradually raise the price of the dinar   Wed Dec 31, 2008 6:53 pm

Over the past couple of years, how many variations of this article have we seen scratch Question
Back to top Go down
owl
Superior Poster
Superior Poster


Posts: 629
Joined: 2008-06-27

PostSubject: 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...
Back to top Go down
Online
dry
NNP Family Poster
NNP Family Poster


Posts: 3621
Joined: 2008-07-08

PostSubject: 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


It's a thought Owl, but what could they peg to at this point?
[b] sunny

_________________
Johann Wolfgang Von Goethe - “A man sees in the world what he carries in his heart"
Back to top Go down
dirt14
Big Poster
Big Poster


Posts: 105
Age: 45
Joined: 2008-08-30

PostSubject: cbi raising the value gradually   Wed Jan 07, 2009 10:46 pm

The Central Bank of Iraq is raising the value of iraqi dinar gradually


January 07, 2009

The 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
Back to top Go down
Keonee
Administrator Assistant
Administrator Assistant


Posts: 6271
Joined: 2008-06-24

PostSubject: Re: Central Bank of Iraq will gradually raise the price of the dinar   Wed Jan 07, 2009 11:19 pm

merged topics - Keonee

_________________
Mention NNP or Neno"s Place For Discount at DinarTrade.com
Dinar Trade Inc., Cash In Proceedures
Back to top Go down
 

Central Bank of Iraq will gradually raise the price of the dinar

View previous topic View next topic Back to top 
Page 1 of 1

Permissions of this forum:You cannot reply to topics in this forum
Neno & Gang ( DinarTrade ) :: Iraq Dinar :: Central Bank of Iraq-
Post new topic   Reply to topic