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"Window is Fully Open" - Dinar Alert News Discussion 4/9/18

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Post by Ssmith Tue Apr 10, 2018 7:25 am

Dinar Alert

The central bank denies withdrawing $ 4 billion from it and threatens to sue its promoters


09/04/2018 Economy News _ Baghdad Iraq's central bank denied Monday that it had withdrawn $ 4 billion from it, while threatening to sue its promoters.

The bank said in a statement received by "Economy News" a copy of it, "What has been traded in some means of social communication under the title (a complaint and financial corruption) to withdraw the amount of four billion dollars from the Central Bank of Iraq in 2015 is a shamelessness, That "the book is forged and has not been issued such a book and the incident contained."

​The bank said it had "the right to prosecute the perpetrators of these rumors," and called on "the media to be careful and careful in the transfer of news."

Some social media outlets and the media have reported that some officials have withdrawn $ 4 billion from the central treasury without any official books.

http://economy-news.net/content.php?id=11877

From CBI - Clarification on the circulation of a false book entitled (complaint and financial corruption)

April 09, 2018 Some social media outlets have circulated a false book under the title of " Complaint and Financial Corruption " to withdraw four billion dollars from the Central Bank of Iraq in 2015. While this bank denies the issuance of such a book and the incident it contains, it confirms its right to sue those who fired these rumors, He called on the media to be careful and careful in transmitting the news.

https://translate.google.com/translate?hl=en&sl=ar&tl=en&u=https%3A%2F%2Fcbi.iq%2Fnews%2Fview%2F663

Phil Oberholzer: That wouldn't surprise me any...First thought into my head was, whoever is doing the accusing of stealing the money is pissed because they didn't get their cut...It's just a big den of theives...

http://dinaralert.webs.com/apps/forums/topics/show/13476134-the-central-bank-denies-withdrawing-4-billion-from-it-and-threatens-to-sue-its-promoters

The US dollar fell slightly against the dinar on Thursday.

Where the price of selling the dollar in the stock market in Baghdad today 120 thousand and 250 dinars and the purchase price 120 thousand and 200 dinars compared to $ 100, while yesterday recorded 120 thousand and 350 dinars and the purchase price 120 thousand and 300 dinars to 100 dollars.

While the sale price of the dollar on the Arbil Stock Exchange 120 thousand and 350 dinars and the purchase price 120 thousand and 300 dinars, while the sale price yesterday 120 thousand and 400 dinars and the purchase price 120 thousand and 350 dinars to 100 dollars.

On the Basra Stock Exchange, the sale price today was 120 thousand and 450 dinars, the purchase price 120 thousand and 400 dinars compared to 100 dollars, while yesterday recorded 120 FAO 500 dinars, and the purchase price 120 thousand and 450 dinars to 100 dollars. LINK

Kaperoni: 1202 to $1 nice

Invinrv: Thanks Kap Smile

Art: tx kap very good indeed

Paxx: Thanks Tgirl

The bank said it had "the right to prosecute the perpetrators of these rumors," and called on "the media to be careful and careful in the transfer of news."

Some social media outlets and the media have reported that some officials have withdrawn $ 4 billion from the central treasury without any official books.

http://economy-news.net/content.php?id=11877

From CBI - Clarification on the circulation of a false book entitled (complaint and financial corruption)

April 09, 2018 Some social media outlets have circulated a false book under the title of " Complaint and Financial Corruption " to withdraw four billion dollars from the Central Bank of Iraq in 2015. While this bank denies the issuance of such a book and the incident it contains, it confirms its right to sue those who fired these rumors, He called on the media to be careful and careful in transmitting the news.

https://translate.google.com/translate?hl=en&sl=ar&tl=en&u=https%3A%2F%2Fcbi.iq%2Fnews%2Fview%2F663

Phil Oberholzer: That wouldn't surprise me any...First thought into my head was, whoever is doing the accusing of stealing the money is pissed because they didn't get their cut...It's just a big den of theives...

http://dinaralert.webs.com/apps/forums/topics/show/13476134-the-central-bank-denies-withdrawing-4-billion-from-it-and-threatens-to-sue-its-promoters

A slight decline in the exchange rate of the dollar against the Iraqi dinar

The US dollar fell slightly against the dinar on Thursday.

Where the price of selling the dollar in the stock market in Baghdad today 120 thousand and 250 dinars and the purchase price 120 thousand and 200 dinars compared to $ 100, while yesterday recorded 120 thousand and 350 dinars and the purchase price 120 thousand and 300 dinars to 100 dollars.

While the sale price of the dollar on the Arbil Stock Exchange 120 thousand and 350 dinars and the purchase price 120 thousand and 300 dinars, while the sale price yesterday 120 thousand and 400 dinars and the purchase price 120 thousand and 350 dinars to 100 dollars.

On the Basra Stock Exchange, the sale price today was 120 thousand and 450 dinars, the purchase price 120 thousand and 400 dinars compared to 100 dollars, while yesterday recorded 120 FAO 500 dinars, and the purchase price 120 thousand and 450 dinars to 100 dollars. LINK

Kaperoni: 1202 to $1 nice

Invinrv: Thanks Kap Smile

Art: tx kap very good indeed

Paxx: Thanks Tgirl

Kaperoni: Ok, I went back a few weeks and recorded the spread based on the articles so we could get some sort of beginning timeline for the 2% compliance. This is what I found...

2/28 1220

3/10 1215

3/14 1215

3/14 1210

3/15 1207

3/15 1213

3/18 1210

3/18 1213

3/20 1207

So to me, it looks like the CBI meet compliance around March 15.

Wn: Thanks Kap, This is about where I thought it was too. Thanks for the work. So if they can keep it down we are looking around mid June as you thought. Hoping for the best.

monty.monks.007: Thanks Kap , I think it will keep gradually dropping. ?

Invinrv: Thanks for the article Tgirl, and thank you Kap. Here's to hoping they continue to hold it within the 2% range Smile

Dinardoe: I would really like to do the happy dance...but this investment has taught me patience! Thanks Tgirl, Kap and posters

Justwaiting: dinardoe, DITTO ~

Paxx: Kap, what number puts them in compliance again. Wasn't it 1210?

Kaperoni: 1190 x .02 = 1213.8

Paxx: Nice!!! So from the looks of it, or what we can see, it looks like they have been in compliance since 3/14/18 then. 5 more days will make it a month in compliance. Then 60 days left if they don't screw it up. Then of course, our window is fully open, that is, if they make the full 90 days. It is too bad that this is finally just happening during the elections cycle. The elections just add another layer of potentially political problems that could have collateral damage on the spread. O'well though. I am still happy they have started to get control of this.

The dollar against the Iraqi dinar on April 9, 2018

09-04-2018 03:15 PM Baghdad News -

Dollar exchange rates against the Iraqi dinar, on Monday, in the capital Baghdad and southern Iraq and Iraqi Kurdistan is now the market price.

Price Iraqi dinars per dollar 100 US

general tendency to demand above the average exchange fight (Baghdad) ALkeafah Stock Exchange

sale / 120.400 dinars , the price of purchase / 120.350 Dinar

****************

Harithiyah AL Stock harthiy Stock Exchange
Saralabie / 120.400 dinars
Sarachara / 120.350 dinars

****************

Erbil Stock Exchange (North) Arbil Stock Exchange
Saralabie .120,800 dinars
Sarachara .120,750 dinars

***************

Basra Stock Exchange (South) AL psra Exchange ..
Saralabie / 120.550 dinars
purchase / 120.500 Dinar

http://www.baghdadnews.info/index.php?page=article&id=35699

Kaperoni: 1203 to $1 today Smile

The dollar continues a wave of gains lasting two weeks

Editorial Date: 2018/4/9 13:59 • [Where-up] The dollar rose on Monday , extending a continuous gains two weeks ago, at a time when rising stock markets refers to the return of risk appetite, but investors are still worried about trade tensions between the United States and China.

A media report also said China was evaluating the possible impact of a gradual reduction of the yuan as a tool in the growing trade dispute that led the US currency to the upside.

The dollar was up 0.1 percent against a basket of currencies, rising 0.2 percent against the yen.

Concerns about the escalation of the trade dispute have encouraged investors to cut their odds on the dollar's decline, which hit a record high, with the latest data showing that net selling centers betting on a weaker dollar fell for the second week.

​UBS experts said the trade war would hurt Asian exports and would spur outflows from stock markets dominated by exporters such as Singapore, Malaysia and Taiwan.

The dollar index hit a one-month high of 90.597 ahead of US non-farm payrolls data on Friday, but later lost some of the momentum from concerns over the US-China trade dispute and disappointing US jobs data.

http://www.alliraqnews.com/modules/news/article.php?storyid=72524

It would appear that the value of the dollar has little if anything to do with the improvement in the value of the dinar in the parallel market. Indeed had the dollar remained constant then arguably the value of the dinar could be even higher and the variance between the official rate and the parallel rate even less.

http://dinaralert.webs.com/apps/forums/topics/show/13475927-a-slight-decline-in-the-exchange-rate-of-the-dollar-against-the-iraqi-dinar

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Post by Kevind53 Tue Apr 10, 2018 10:15 pm

Window to what? Certainly not any sort of significant increase in the value of the dinar.

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