.Zig’s Place Chatroom News Monday 6-14-21

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butterfly Gold prices are at their lowest level on the back of a strong dollar

Monday 14 June 2021 10:42............Gold prices fell, today, Monday, to their lowest levels in more than a week, affected by the strength of the dollar, while investors awaited signals from the monetary policy meeting of the US Federal Reserve. And spot gold fell 0.6 percent to $1,864.58 an ounce, its lowest since June 4.

US gold futures fell 0.6 percent to $1,867.60 an ounce. The dollar rose 0.1% to hover near a one-week high against its rivals, making gold more expensive for holders of other currencies.

The focus now turns to the Fed's June 15-16 meeting for more clarity on the view of policy makers on rising inflation and future monetary policy.

.Zig’s Place Chatroom News Sunday PM 6-13-21

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butterfly A deputy calls for the interrogation of the governor of the bank and his dismissal after the “crime” of currency exchange

15:28 – 13/06/2021 A deputy calls for the interrogation of the governor of the bank and his dismissal after the crime of currency exchangeinformation / special

On Sunday, the representative of the Al-Fateh Alliance, Wafa Al-Shammari, stressed the need to interrogate the governor of the Central Bank, hold him accountable and dismiss him in the event that his failure is proven, considering that raising the exchange is a “crime” against the Iraqis.

.Zig’s Place Chatroom News Sunday AM 6-13-21

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Butterfly A government meeting to discuss the implementation of the reform "white paper" projects

Sunday 13 June 2021.........Minister of Finance Ali Allawi stressed the need to proceed according to the prescribed path and within the specific timings and schedules approved by the reform paper, and to combine the efforts of the ministries along with the private sector and coordination with all parties and supporting parties to ensure the achievement of all goals and projects.

During a meeting of the opinion board, in the presence of the Prime Minister’s advisor, Alaa Al-Saadi, the Undersecretary of the Ministry of Finance, the ministry’s advisors and its general managers, today, Sunday, Allawi indicated the need to find appropriate solutions to overcome the difficulties that impede the implementation of plans and projects with the aim of accelerating the achievement of the goals of the white paper aimed at correcting the path the national economy and achieving sustainable and comprehensive economic development.

.Zig’s Place Chatroom News Saturday 6-12-21

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Butterfly Al-Rasheed Bank begins installing ATMs in a number of government departments

Saturday 12 June 2021 13:32.......Al-Rasheed Bank announced the start of installing ATMs in a number of government departments in Maysan Governorate.

The media office said in a statement today: "The departments in which the monument has been completed are (Maysan Child and Maternity Hospital, Martyr Al-Sadr Teaching Hospital, Maysan Facility Protection Directorate and Maysan Health Department) and work is continuing to complete the implementation of what was set in the bank's plan."

butterfly In conjunction with the rise in global oil, Basra Light Crude records the highest prices in (OPEC)

Saturday 12 June 2021............The price of Basra Light Crude rose, in conjunction with the rise in international oil prices, to record the highest prices in the Organization of (OPEC).

.Zig’s Place Chatroom News Friday PM 6-11-21

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butterfly In a new statement, the Central Bank denies the intention to change the price of the dollar and announces the reason for increasing its sales

06/11/2021 15:45......{Economist: Al-Furat News} The Central Bank of Iraq confirmed "the stability of the dollar exchange rate and the absence of any intentions to change", and that what is being circulated is not true, as the price that was chosen at the end of 2020 to exchange the dollar was based on in-depth studies of the requirements of the economic and financial situation and the objectives of monetary policy.

.Zig’s Place Chatroom News Friday AM 6-11-21

Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here

11 Jun 21, 09:25 AM butterfly The United States threatens Iran with sanctions over the movements of its ships in the Atlantic

Friday 11 June 2021 ,,,,,,,,,The US State Department threatened Iran with imposing sanctions on it if it became clear that the purpose of its ships' movements in the Atlantic Ocean is to transfer weapons to other countries.

"If this constitutes an attempt to transfer arms or violate international obligations in one way or another, we will be prepared to respond," State Department spokesman Ned Price said.

.Zig’s Place Chat and News Thursday AM 6-10-21

Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here

TWW sheila some veryserious meeting going on starting tomorrow NNE state from here with abt 50 high level people. I will be there as until Sunday, then ...

Sheila TWW wonderful!!!

TWW sheila big things starting Tuesday if im right

TWW sheila Lots and lots arrests been going on all over recently

Sheila TWW Yes, heard by June 17th we should all be seeing public events.

Butterfly The Central Bank: Increasing the allocation of the housing sector

Thursday 10 June 2021.................The Central Bank of Iraq announced an increase in the allocation of the housing sector by (1.9) trillion dinars, including one trillion dinars for the real estate bank and about (900) billion dinars for the Housing Fund.

.Zig’s Place Chat and News Wednesday PM 6-9-21

Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here

Sheila Before my banking source cut me off about three weeks ago (?), they suggested I hold back currency after RV, deposit in MCA and get the bank to "loan" against the currency. Been thinking about this and cannot talk to them right now. Anyone else think this is good idea?

Doug_W sheila MCA?

Sheila Multi-Currency Account

Doug_W never heard of it who has such an animal?

Sheila Researched MCA's. See them on bank sites like HSBC, Bank of Brazil, etc. For a while, saw it listed on WF. Anyone? banks in Miami, NY, LA, Seattle, San Francisco,,,etc.

Doug_W ty I guess that terminology if out of my league

Sheila Doug_W mine, too. That's why I am asking the chat to seek help

.Zig’s Place Chat and News Wednesday AM 6-9-21

Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here

butterfly A continuous rise in the exchange rates of the dollar in the local markets

Wednesday 09 June 2021 12:24............The dollar exchange rates continued to rise, on Wednesday, in the main stock exchange and local markets. Today, the Al-Kifah and Al-Harithiya Stock Exchange in Baghdad recorded 150,000 thousand dinars, for each $100 bill.

The prices of buying and selling the dollar also increased in banking offices and local markets in Baghdad, where the selling price reached 150,500 dinars, for each denomination of 100 dollars, while the purchase prices amounted to 149,500 dinars, for each paper denomination of 100 dollars.

.Zig’s Place Chat and News Tuesday PM 6-8-21

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butterfly Syrian air defenses repel an Israeli missile attack in the sky of Damascus

Wednesday 09 June 2021 00:10......The Syrian news agency / SANA / announced: "The air defenses repelled an Israeli missile attack in the sky of the capital, Damascus," while the Syrian TV said: "The attack was launched from the Lebanese airspace and targeted the central and southern regions."

The sounds of explosions were heard in the Syrian cities of Lattakia and Homs.

butterfly Addressing the Needs of Iraq's Most Vulnerable....9th June 2021 in Healthcare.....Addressing needs of Iraq's most vulnerable critical for inclusive and sustainable recovery from COVID-19, new UNDP reports say

.Zig’s Place Chat and News Tuesday AM 6-8-21

Zig: Welcome to zig's place, a chat room for dinar speculators and others....discuss any topic that you wish here

butterfly Victory: The rise in the price of oil must be offset by the decline in the price of the dollar

15:03 – 08/06/2021 Victory - The rise in the price of oil must be offset by the decline in the price of the dollarinformation/special --- The victory bloc confirmed, on Tuesday, that the process of manipulating price bills on all products and smuggling currency abroad was a major reason for the rise in the dollar exchange rate.

Member of the bloc, Taha Al-Dafia, said in a statement to / the information / that “the rise in the price of the dollar directly affected the prices of commercial products in an obscene way, such as iron and building materials, which delayed the reconstruction process in Iraq .” He added, “With the rise in the price of oil, the price of the dollar should decrease or return to its normal price, but some influential parties prevented this.”