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"Concurrently" - Thurs. PM KTFA Thoughts/News 5/31/18

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Post by Ssmith on Fri Jun 01, 2018 8:05 am


Don961 » May 31st, 2018

We are looking for them (auctions) to be suspended ... because once the value of the reinstated dinar is on par with or greater than the value of the dollar , there will be no need for them to have a currency auction and sell so many dollars from the reserves ...

Like other currencies ,the dinar will be freely traded and used internationally for transactions ... currency swaps , etc . ... then the CBI reserves will increase , perhaps more gold purchased , but in any case add more value to further back and strengthen the value of Iraq's currency ....

As we have been taught ... this is one of the things that will happen concurrently with the release of the 2nd article and reinstatement ... imo

MeKong » May 31st, 2018

Thank you Don,For those who have not kept up with their studies, Delta and Frank have told this to you many times,Iraqi businesses need USD to pay remittances for imported goods. Until the dinar is accepted internationally, the auctions must continue.

The move by the CBI to 1190 is definitely good news for us ... imo.

Don961 » May 31st, 2018

Al-Abbadi alliance: Our understandings with al-Sadr, Hakim, Allawi, the most solid and closest to crystallization

11:55 - 31/05/2018

Information / Baghdad ..

The coalition of "victory" headed by Prime Minister Haider Abadi, on Thursday, that his understandings with the coalitions, "Ssron", which has the support of Mr. Moqtada al-Sadr and national leadership headed by Iyad Allawi and wisdom headed by Mr. Ammar al-Hakim is the most solid and closest to crystallization.

"The recent developments in the parliament and the decisions it took on the elections cast a shadow over the progress of the talks," coalition spokesman Hussein al-Adli said in a statement to the Saudi daily Al-Hayat. "The coalition closest to the most solid and crystalline, Is the understandings of a coalition of victory, victory, wisdom and patriotism. "

"The Kurdish blocs have reached understandings with any of the political blocs because the visit of Kurdish delegations to Baghdad was only exploratory," he said.

The Information Office of the President of a coalition of state law, Nuri al-Maliki said on Thursday, that the latter does not put "veto" on the assumption of the current Prime Minister Haider al-Abadi, the prime minister for a second term. Ending / 25 link

JPMorgan surpasses Citigroup and becomes the world's largest currency trader

31 May 2018 04:30 PM

JPMorgan Chase has been named the world's largest currency trader by market share, beating Citigroup Inc., which has held the top spot for four years.

According to a survey by Euromoney, Thursday, JPMorgan had a 12.1 percent market share this year, up from 10.3 percent last year.

UBS came second with 8.3%, while XTX, the third-largest commercial computing company, took the third position at 7.4%.

XTX managed to jump to the top 10 in 2016.

While Citigroup fell to fifth after 6.2%, according to Euromoney.

These results come against the backdrop of a wide shift towards electronic trading. link

 "Concurrently" - Thurs. PM KTFA Thoughts/News 5/31/18 Currency-traders_orig

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