Dinar Daily
Welcome to Dinar Daily Discussions.

Logging in with your USERNAME allows you to participate in discussions, see what has recently been posted, and other options. Guests have limited abilities.

We are NOT a guru forum. We are a dinarian forum. The opinions expressed on the forum do not reflect the of opinion of Dinar Daily specifically, but rather reflect the views of the individual posters only.

Disclamer:

We are in compliance with, "Copyright Disclaimer Under Section 107 of the Copyright Act 1976, allowance is made for "fair use" for purposes such as criticism, comment, news reporting, teaching, scholarship, and research. Fair use is a use permitted by copyright statute that might otherwise be infringing. Non-profit, educational or personal use tips the balance in favor of fair use."




Join Us for Dinar Discussions and More -- We Keep it REAL
 
HomeSearchFAQLog inRegister
YOU MUST Sign in with your USERNAME to POST
Follow us on TWITTER
DINAR INFORMATION LINKS

PARTNER SITES
Key Words
Adam Montana, AdminBill, Benjamin Fulford, Currency Exchange, David Schmidt, Dinar, Dinar Guru, Dinar Recaps, Dinar Rv, Dinar Scam, Dr Clarke, Frank26, Gary Larrabee, Gurus, Guru Hunters, JerzyBabkowski, Kaperoni, Kenny, Monetary Reform, Mnt Goat, My Ladies, Okie, Poppy, RamblerNash, Ray Renfrow, Redenomination, Revaluation, Ssmith, TNTBS, Tnt Tony, WING IT, We Are The People, Willis Clark, WSOMN, Yosef, Zap
Share | 
 

 Version of the Central Bank of Iran, the blind, healing does not Updated: 17:01 GMT - Friday 20 January 2012-30

View previous topic View next topic Go down 
AuthorMessage
justdawnagain
Forum Friend
Forum Friend


Posts : 111
Join date : 2012-01-13

PostSubject: Version of the Central Bank of Iran, the blind, healing does not Updated: 17:01 GMT - Friday 20 January 2012-30   Fri Feb 03, 2012 11:37 am

Just thought this was interesting....

Version of the Central Bank of Iran, the blind, healing does not
Kaveh hopes
Updated: 17:01 GMT - Friday 20 January 2012-30 Persian date Dey 1390


Central Bank of Iran has ordered state-owned banks and private exchange of people with "accurate and complete information about authentication and registration of the applicant" the purchase or sub-market exchange rate for foreign currency deposit accounts are opened.
Dollar rate in the secondary market is now about 1800 USD 1400 USD and the free market and thus, apparently, the central bank expects foreign exchange dealers, the price of 400 USD below the free market to sell the banks.

This decision constitutes the central bank attempts to solve the larger problem is that its central bank has been operating it. The Central Bank announced that it is illegal to buy and sell currencies and the exchange of everyone to be no evidence, is guilty.

A week ago, the central bank to control the price of the currency exchange program launched to deal with vendors and announced that anyone "in Frvdsy and elsewhere" to buy dollars without evidence, is guilty.

Now the Fed has followed a group of people that hold foreign exchange, encourage their currencies to the USD 400 less than the market rate to banks to sell.

The question is whether this is feasible and whether the central bank's dollar holders and other major currencies are now their dollars to prices far below market rates to sell a bank. According to experts, in the present circumstances, such a reaction is possible.
" sub-market rate now is about $ 1400 USD and 1800 USD in free markets and central bank expects the currency to USD 400 below market price to sell the banks. "

This situation can be a sign that the central bank, regardless of consequences, and implements the decisions that will lead to unforeseen consequences, and then to resolve these problems, and has imposed new rules and their status is more complex.

Such an approach creates doubt that the Central Bank of Iran's actions over the decision may be programmed to control the currency market, currency market is reactive to a chaos.

A few days later the Ministry of Industry and Trade announced that the number of imported goods imports have been removed from the list and thus, they are not entitled to a public exchange.

The Central Bank requires that money transmitters, currency price of just £ 1400 to buy and sell money transmitters, so they do not sell the currency.

A little later the central bank to put restrictions on currency markets with the goal to reduce inflammation. Last Arrow Central Bank to control the smuggling of gold and currency exchange market to curb the rate, the more turbulent market.

LINK: http://www.bbc.co.uk/persian/business/2012/01/120120_ka_cbi_exchange_market.shtml


Last edited by justdawnagain on Fri Feb 03, 2012 11:46 am; edited 2 times in total (Reason for editing : forgot link... sorry, oops... and title... sigh. fixed.)
Back to top Go down
View user profile
 
Version of the Central Bank of Iran, the blind, healing does not Updated: 17:01 GMT - Friday 20 January 2012-30
View previous topic View next topic Back to top 
Page 1 of 1

Permissions in this forum:You cannot reply to topics in this forum
Dinar Daily :: AROUND THE WORLD NEWS and CURRENT EVENTS :: WORLD-
Jump to: