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BLC Admins Chat 50 Dinar Note Replacement 02/26/2015 Part 2
[Shredd] if the CBI keeps with a managed float, removes notes one at a time, gives 60 days and then after manually increases the rate, it would suck
[dogznova] if they start doing this to all notes... look out
[Shredd] but the good news is we should be able to strike that scenario off after the 50 is "replaced"
[dogznova] right
[Shredd] yeah, but I don't think we are since the note is the 50
[dogznova] I hope the banks start trading IQD before the end of April
[Shredd] if this announcement was regarding a 000 note, I'd be concerned
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BLC Admins Chat 50 Dinar Note Replacement 02/26/2015 Part 1
Central Bank Announces Withdrawal Of 50 Dinars A Class Of Trading
26/02/2015
Iraqi Central Bank announced on Thursday, for the withdrawal of 50 dinars currency from circulation category, pointing out that the replacement will continue for two months.
The bank said in a statement received by "direction Press", a copy of it, he was "given to stop the public from trading cash paper category 50 dinars, he decided to withdraw this banknote trading based authorized to article 36 of the powers of the Bank Act No. 56 of 2004".
The bank added that "the banks and their branches will start replacing these banknotes presented to it and without fee or commission," noting that "banks will be deposited at the bank and its branches for the purpose of being the equivalent value in the accounts we have."
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Morning News Comments ~ Budget is Open / Private Sector Launched 02/26/2015
Finance Minister Announces Staff Self-Financing Companies Paying Salaries
[tlm724] Finance Minister announces staff self-financing companies paying salaries
[tlm724] Zebari called during a meeting with a number of media self-financing companies to review the banks to take over the salaries of its employees
[tlm724] we have a press statement from the MOF let me show you
The Minister of Finance will hold a press conference at the ministry's headquarters Thursday February 26, 2015
Contract Finance Minister Hoshyar Zebari today February 26, 2015, in the headquarters of the ministry held a press conference on the occasion of the release and publication of the budget law in the Official Gazette (the facts of Iraq) confirmed him on that
this law will be the work of the Ministry of Finance and other ministries and government institutions for the implementation of the budget, which was built on the basis of the agreement clauses guide between the central government and the Kurdistan Regional Government during the current year.
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Zimbabwe: Africa's best-kept secret? by Anna Rosenberg
Anna Rosenberg, Head of Frontier Strategy Group's Sub-Saharan Africa Research practice, recently on a research trip in Harare, finds that Zimbabwe holds large opportunities for business, despite the country's dire economic and political crisis. This article was originally published by How We Made it in Africa.com
First impressions
I DON'T know what I was expecting when I arrived in Zimbabwe. It certainly wasn't to land in the most developed country I had ever visited in Africa aside from South Africa (and I have been in quite a few countries throughout the continent).
After years of hearing bad things about Zimbabwe, I was surprised not to find a more desolate and dangerous place.
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aggiedad77 � February 26th, 2015, 1:29 pm
Thursday News Summaries and Commentaries
Today could be an exciting day it appears....the CBI has announced it will be pulling the 50 dinar note from circulation starting March 1 and ending April 30.....big news......
Parliament had a good session, completing 4 laws today.....250 billion dinars arrived in Erbil today to make partial salary payments to the Kurds....looks like there will be some localized borrowing to deal with the budget deficit....2 billion dinars for Social Security is being delivered to Basra.....
World Bank Group continues to provide assistance to Iraq now with aid to transportation....Parliament is optimistic about Baghdad and Erbil reaching agreements on differences.....
Maliki's noose tightens as the investigation into Mosul winds down. ....
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Thank You My Ladies for sending this to Recaps to share today.
MY LADIES: GOOD MORNING EVERYONE
I HAVE A SHORT TIME FOR YOU TODAY THEN I'M OFF SO LET'S GET STARTED,
I HAVE SOME THINGS TO SHOW YOU SO LET ME GET THEM TOGETHER AND I'LL BE RIGHT BACK.
WE HAVE HCL BY THE WAY..
WE HAVE HAD IT SINCE 1/29 I'VE BEEN OVER THIS SEVERAL TIMES
SO LET'S SEE WHAT ELSE WE KNOW.. ....
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The below posts were in our 10am newsletter
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POPPY3 - JUST IN TODAY RICH FRIENDS - THIS IS JUST PART OF THE PLAN. GUYS - MANY ARE LOOKING AT THIS INVESTMENT AND WHAT IS HAPPENING ALL WRONG... THINKING SOMETHING OR SOMEONE IS HOLDING THIS BACK. THAT IS THE FARTHEST THING FROM THE TRUTH. I HAVE A KEY PERSON THAT IS BEYOND REPROACH IN HIS STATUS AND INSIDE POSITION. HE HAS EXPLAINED THAT THE PROCESS THEY ARE IN IS A PLANNED AND AGREED UPON PROCESS. ABADI, JUBOURI, BARZANI AND ALL THE LEADERSHIP HAVE AGREED ON IT, APPROVED IT, AND THEY ARE CARRYING IT OUT STEP BY STEP. ....
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Millionday News 2/25/15 Part 2
Welcome to dinarupdates.com for News Time with Millionday!!
Millionday: THIS IS THE LARGEST NEWS TODAY
Millionday: . Central Bank announced on Wednesday, to start applying the new system of remittances and sell the currency.
According to a statement of the bank Agency / Source News / received a copy of it: there was no truth to the news stop selling the dollar operations. Finished / b
Millionday: Foreign remittance can be defined as 'the purchase and sale of freely convertible foreign currencies as admissible under Exchange Control Regulations of the country'.
A looser translation is the sending of money home while working in a foreign country. Thousands of people are currently working and living in a country that is not their home, and sending funds regularly back to their families in their home country.
Millionday: FREELY CONVERTIBLE FOREIGN CURRENCY HAS BEEN STARTED BY CBI
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Millionday News 2/25/15 Part 1
Welcome to dinarupdates.com for News Time with Millionday!!
Millionday: Enhance the production of non-oil sectors of Baghdad-Mostafa Hashemi sees specialists that Iraq's economic qualifications allow him to achieve sustainable development if they took advantage of the geographical conditions in the establishment of industrial partnership contracts with major international companies
so that it could be the emerging economy in the region, while the progress of these partnerships the benefit of the countries shared some see the importance of feasibility with global consultancy firms in this particular study.
Millionday: NOTE -- THEY ARE ACTIVATING INDUSTRY CONTRACTS IN IRAQ WITH OTHER COUNTRIES AND WITHIN TO DEVELOP THE ECONOMY
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Vietnam's First Quarter 2015 Growth Quickens
Vietnam's economic growth for the three months leading up to April 2015 will quicken to an annual rate of 5.4%, the National Financial Supervisory Commission (NFSC) forecast in a recently released report.
GDP to reach 6.2%
This trend will continue in the following three quarters of the year the report forecast, concluding that the Vietnam government's growth target of 6.2 percent for the whole of 2015 is achievable.
It said Vietnam's US$184 billion economy while saddled with enormous bank bad debt and the inefficiencies of the state sector will get a much welcomed boost in 2015 as the Southeast Asian nation prepares to sign a raft of free trade agreements during the year.
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Stage3Alpha: OilRat February 25, 2015 at 10:12pm Just finally got a call back from my contact that I spoke to last night and he said there are final details which are and have being completed. All the lower denoms have been flown to all the banks around Iraq. He was told that even though it did not happen last night, expect it to finally happen this weekend. All is lined up, so stay focused and grounded as we are almost home. Luv you all as family...as always treat as rumor until it happens. Hope this helps everyone here!!! There was much other he said that gave me confidence, of which I can't repeat.....I can say the rate he mentioned was over 3.70 ....
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The below posts were in our 10pm newsletter
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Millionday Roundtable 2/25/15 Part 1
Welcome to dinarupdates.com for roundtable with Millionday!!
Millionday: The prime minister Haider Abadi, Iraq's ability to emerge from the financial crisis caused by low oil prices, pointing out that "the key role of women in society, and a source of pride and Ttoaha estimate from us."
A statement by the Office of Abadi agency {Euphrates News} received a copy of it on "The prime minister met with a group of young volunteers to aid displaced people in the various provinces, and stressed that" volunteering key issue for people and communities, especially among the youth sector. "
Millionday: NOTE -- THE FIRST BLESSING OF THIS IS THE RETURN OF THE DISPLACED PEOPLE
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KJWayne Punisher took notes: (From IQD Call)
LJ says the "stability" we are looking for is to have LAWS, not the "stop blowing things up" kind of stability.
Says some of the laws cannot be done in that basket and will have to be passed separately.
Says they amended changes to the oil and gas law to make the Kurds happy. Says HCL is NOT done.
Says (again from last week) if we get to June and no changes have taken place regarding the Sunnis and Kurds, things will not look so pretty.
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HAPPY MEALS - imo
VERY SOON WE WILL SEE ANY REMAINING CASH BE BLED OUT OF THEIR ECONOMY UNDER THE NEW MECHANISM!
EXPECT THEM TO STOP READING LAWS SOON AND BE READY TO IMPLEMENT A VOTE IN ONE BASKET AS THEY HAVE SAID ONCE OZ RELEASES THE MONEY TO ACTIVATE IT!
DAYS AT MOST FOR THEM TO RUN OUT OF HAPPY MEALS!
DOC
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BULLDOG75: " GCR, GOLD/SILVER, BRICS, RENMINBI"IT'S ASTOUNDING BELIEVABLE AND TRUE!
PLEASE GET A READ OF THIS DR JIM WILLIE ARTICLE. IT'S ASTOUNDING BELIEVABLE AND TRUE!
BUCKLE UP IN YOUR 747. I LOVE YOU ALL
In an interview with Goldseek, Dr. Jim Willie says, "It's not just gold and silver that are being adversely affected by artificially low suppressed prices.
Every week or two we hear another story about a major gold mining firm that shuts down or delays big projects.
We are going to see a MASSIVE shortage of copper, silver and gold, and more precisely at the time when demand is maybe going to start increasing as a hedge against a wrecked system.
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Contact Us
Dinar Recaps
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About Us
We are Iraqi Dinar Investors who Tweet and blog the latest Dinar information gathered from public forums, chat rooms, and blogs.
Our Blog posts are e-mailed in this Recap Newsletter.
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