IQD CALLS Chat Early Sunday 3-15-20
IQD CALLS Chat Early Sunday 3-15-20
Xyz The central bank reveals the value of Iraq's domestic and foreign debt
https://www.alsumaria.tv/news/-/337589/-
The Governor of the Central Bank, Ali Al-Alaq, revealed today, Saturday, that Iraq's external debts amount to about 23 billion dollars, while internal debts amount to about 40 trillion Iraqi dinars.
Al-Alaq said in his study on "Reducing the Iraqi dinar exchange rate, determinants and alternatives," and published by the official website of the Central Bank, that "the external debt of Iraq is about 23 billion dollars, except for the outstanding debt before 2003 of $ 40.9 billion," noting that "the internal debt amounts to About 40 trillion dinars represent treasury transfers and debits with government banks and the Central Bank of Iraq.
xyz The relationship added, “When a country is in debt and pays its debts and interest in the currency of the creditor country, the burden of the debts resulting from it in this case increases in the general budget of the state where a greater amount of its national currency is allocated to pay off its debt in foreign currency.” Continuing: “If the country is The debtor pays in its national currency, because it pays the same amount of debts and interest. "
It is noteworthy that during the year 2014, Iraq borrowed after the drop in oil prices from financial institutions and organizations, in addition to borrowing from home by selling treasury bonds.
Baxter R WE RICH YET
xyz R we floating yet? :popcorn
Doug_W Baxter I certainly am NOT
Baxter I saw.. believe it or not... about a 40 foot motorhome... pulling about a 12 foot trailer with two harleys on it... and behind that trailer.. he was pulling about a 16 foot boat... How in the world does he get away with that..
Baxter I should have taken a pix
Baxter Fox News said the Govt is considering closing state lines
Doug_W OUCH
Baxter that would shut the whole country down
Doug_W and right NOW too
Baxter I dont think we have even seen the beginning of this
Doug_W in teh almost 40 years I have lived here I have never seen ALL grocery stored jamed like today
Doug_W even publix had store mgr running register
Baxter I know... they are cleaned out practically
Biff Doug My Quarters!!!!
Baxter DIMES FIRST
biff lol ok
Baxter I think our investment is in deep..deep doo doo
biff I have been hearing this week Baxter is true
Baxter this week for what?
biff RI
Baxter Oh boy... Im ready
biff hours away or before the end of the month
Baxter ok.... that will be fine
biff i need to get more silver
Baxter there is plenty out there
biff i know
Baxter every other commercial is about silver it seems
biff ok
biff i got a trust
Doug_W Silver:$14.79
Doug_W here ya go boys a relaxation ritual
Doug_W This is unbelievable and will make you smile. In case you are having a rough day, here's a stress management technique that has been recommended in all the latest psychological journals. The funny thing is that it really does work and will make you smile.
1. Picture yourself lying on your belly on a warm rock that hangs out over a crystal clear stream.
2. Picture yourself with both your hands in the cool running water.
3. Birds are sweetly singing in the cool mountain air.
4. No one knows your secret place.
5. You are in total seclusion from that hectic place called the World.
6. The soothing sound of a gentle waterfall fills the air with a cascade of serenity.
7. The water is so clear you can make out the face of the Democrat you are holding underwater.
See, it worked. You're smiling. You feel better already.
biff Just like my fishing spot thanks Doug
chattels Badr Parliamentary Bloc: Collect signatures for an emergency session in the presence of Abdel-Mahdi to discuss American violations and Corona
Saturday 14, March 2020 https://ninanews.com/Website/News/Details?key=817520
Chattels The Pentagon: Iraqi forces arrested a number of suspects in the attack on the Taji base security
2020-03-14 | LINK
Sandyf @Kaperoni sandyf Unfortunately Sandy you do not know what your talking about. But I will help with a few links...
Sandyf A handful of links does not mean you have a plausible interpretation. It would be delusional to think that Iraq meets the IMF guidelines for a successful transition. Iraq is in a desperate situation, as was Egypt when the IMF forced the transition as a devaluation mechanism.
If Iraq follows the same path it will join Egypt on the list of disorderly transitions with the IQD taking many years to regain the value it has now.
Floating the currency is never going to create any meaningful return on the IQD investment.
chattels " Floating the currency is never going to create any meaningful return on the IQD investment." is a position that makes good sense to me. I expect that many would likely sell out with a very modest return on their investment.
If one had enough dinar to sell some and " get healthy " or even and wait for an uncertain future then maybe such is a workable wealth plan with a float of the currency.
Otherwise my expectation is that Iraq alone is too much of a mess and we must hope for some larger macroeconomic event that may inure to the benefit of the IQD.
Xyz Asadi: tonight, the name of the person in charge of the prime minister will be announced
(Baghdad: Al Furat News) The head of the Sanad Parliamentary Bloc, Ahmed Al-Asadi, confirmed on Sunday that tonight the name of the prime minister will be announced.
Al-Asadi said in a tweet on his Twitter account, that "in the coming hours, the Seven Committee will decide its decision regarding choosing the appropriate person to form the interim government and submit it for final approval."
He added that "the challenges are common to everyone ... wasting time is not in anyone's interest ... tonight, the name of the person in charge will be announced ... and we will stand with him all for success." is over https://alforatnews.com/news/الاسدي-هذه-الليلة-سيعلن-أسم-المكلف-لرئاسة-الوزراء
xyz Reducing the Iraqi dinar exchange rate - determinants and alternatives -
( A study by Mr. Ali Mohsen Ismail, Governor of the Central Bank of Iraq )
https://cbi.iq/news/view/1463
It is the devaluation of the official exchange rate of that currency against a reference international currency, as the number of units of foreign currency that can be obtained against a unit of the national currency decreases, while in the case of Iraq, it is intended to reduce the value of the Iraqi dinar against the US dollar And it differs from the depreciation subject to the mechanism of supply and demand in the market.
If the relationship between devaluation and reducing the trade balance deficit and stimulating the national economy is not an automatic relationship, but rather a conditional relationship with many factors and determinants, as is the experience of countries, the reduction
https://cbi.iq/static/uploads/up/file-158401047993178.pdf