{"id":14697,"date":"2017-11-07T09:30:05","date_gmt":"2017-11-07T15:30:05","guid":{"rendered":"http:\/\/www.dinarupdates.com\/observer\/?p=14697"},"modified":"2017-11-07T19:40:14","modified_gmt":"2017-11-08T01:40:14","slug":"dinar-observer-daily-november-7th-2","status":"publish","type":"post","link":"https:\/\/dinarupdates.com\/observer\/?p=14697","title":{"rendered":"DINAR OBSERVER DAILY November 7th"},"content":{"rendered":"

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The Central Bank is holding its third annual conference next month to discuss financial stability in Iraq<\/strong><\/span><\/h1>\n

The Central Bank will hold its third annual conference next month under the title of the role of the Central Bank of Iraq in achieving financial and economic stability.<\/p>\n

A source in the Central Bank of Iraq, “The Economist News”, “The Central Bank will be held on the ninth and tenth of December next year’s third annual conference under the auspices of the governor Ali Alalak,” adding that “the conference will discuss the sustainability of public debt and financial stability in Iraq and achieve the process of inclusion The performance of banks and mechanisms to stimulate the financial sector through monetary policy tools and highlight the financial merit of the banking sector.<\/p>\n

Read more:\u00a0\u00a0http:\/\/www.dinarupdates.com\/blog<\/a><\/span><\/strong><\/em>
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Follow us on twitter @DinarUpdates !!<\/strong><\/span><\/h1>\n

\"follow<\/a>Dinar Updates \u00a0– \u00a0Q & A Call \u00a0–\u00a0 with BGG & Co.\u00a0 – November 8th –\u00a0 8:00 pm Conference Call Phone # 641-715-3640 pin #528733<\/span><\/strong><\/h2>\n

10\/31 – Recorded Call Replay Link<\/a><\/strong><\/em><\/h2>\n

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The Central Bank of Iraq: The currency outside the banks amounted to more than 40 trillion dinars<\/strong><\/span><\/h1>\n

The Central Bank of Iraq, the currency outside the banks amounted to more than 40 trillion dinars.<\/p>\n

The central bank said in a report that \u201cthe currency outside the banks amounted to last March 40.18 trillion dinars,\u201d noting that \u201cthe currency outside banks amounted to 37.5 trillion dinars in March last year.\u201d<\/p>\n

He pointed out that \u201cthe capital of commercial banks during the first quarter of this year registered a rise of 25.3% compared to last year to reach 12.9 trillion dinars,\u201d noting that \u201cprivate banks constitute the largest proportion of capital banks to reach 9.7 trillion dinars and government banks with capital 3.3 trillion dinars. \u201c<\/p>\n

Read more:\u00a0\u00a0http:\/\/www.dinarupdates.com\/blog\/<\/a><\/span><\/strong><\/em>
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Mike (Dinar Guru) –<\/span><\/strong>\u00a0\u00a0 Article:\u00a0 “Central Bank: currency outside banks amounted to more than 40 trillion dinars<\/em>”\u00a0\u00a0\u00a0Iraq has roughly 56 trillion in M0 money supply with 40 trillion outside the banks. It’s time for a change, pass the deposit law and the folks might begin coming back<\/strong>. For now, they trust and prefer their own security over the banks.
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Apmcrx (Dinar Guru) –<\/span><\/strong>\u00a0\u00a0\u00a0Article:\u00a0 “A simulation of the dinar exchange rate linked to the basket of currencies<\/em>”\u00a0\u00a0 …article directly from the CBI webpage…THIS IS STRAIGHT FROM CBI AND THEY ARE TELLING YOU THE EXCHANGE RATE!!!\u00a0 …PDF document…is telling you the dinar exchange rate compared to the currency basket…from .90 to $1.15 IQD\/USD…<\/strong><\/u>\u00a0\u00a0\u00a0Now, why the CBI is “simulating<\/em>?”\u00a0Because they want to go international and know the real IQD\/USD exchange rate IMO.<\/strong><\/u>\u00a0\u00a0Who suggested or proposed the peg to a basket of currencies<\/em>?\u00a0\u00a0IMF, World Bank, USA as we have seen the articles demanding this agencies to Iraq implementation of reforms IMO by the end of this year.<\/strong><\/u>
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