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KTFA Members "News and Views" from Wed. PM 5-31-17


Don961:  As DELTA reported (Wednesday CC)  ... What's been on the CBI Auction Spreadsheet the past 3 days .. double auctions (translated) :

(3453) - 2017/5/29 Monday and 30/07/2017 Tuesday for the Bank's Day Sales 30-May 1,184 154,656,852 45,630,000 109,026,852

(3454) - 2017/5/30 Tuesday and 31 December 2017 31/31 Sales 31-May 1,184 149,446,115 34,960,000 114,486,115

(3455) - 31/5/2017 Wednesday Wednesday and Executed 2017/6/1 Thursday Bank Day Sales 01-Jun 1,184 155,688,671 25,290,000 130,398,671

StephenMac63:  :  The only reason I can come up with to have a "double" auction is because the books were not in conjunction with one another so they had to do a "bogus" auction with some numbers to help them wind up with a correct balance at the end.

Dinar Updates Wednesday Late PM Chat   5-31-17

Post From Dinar Updates
Chat Room News Excerpts & Highlights

Babe says():come on RV...a lot of years of waiting has allowed me to really evaluate my "wants" and "needs"...in a bizarre way I am grateful for the time, because it has given me a lot of time to think about the best way to use this blessing
ol lar says():CBI plan for Auction of Treasury bonds for Next 364 Days
Posted on May 31, 2017 by TRC
The Iraqi Central Bank has issued its regulations and planning for the next public auction starting from June 2017 regarding the sale of treasury bonds for next 364 days beginning from 1st June 2017. The CBI also revealed the domestic borrowing plan of the Iraqi Finance Ministry for the current year.

Here’s Why China’s Yuan Spiked Higher

Here’s why China’s yuan spiked higher despite weak Caixin PMI data
Leslie Shaffer     | @LeslieShaffer1

China's yuan climbed to its highest levels since late last year, despite weak Caixin PMI data, as authorities appeared to tinker with the daily fixing mechanism.

Analysts said the addition of a "counter-cyclical adjustment" factor to the fixing mechanism signaled policymakers likely didn't want further renminbi weakness

Bits and Pieces in Dinarland Wednesday Evening 5-31-17


Cole:  Timely.... it seems other countries are... louder, than Iraq. "Study what they don't say" imo, Iraq doesn't need to post articles like these, it's just a given. thank you sir...

Walkingstick:  It is time for rupiah redenomination, central bank says

Tue, May 30, 2017

Bank Indonesia Governor Agus Matowardojo has reiterated his call on the government and lawmakers to redenominate the rupiah, stressing that it is the best time to do so, considering good indications in the country’s economy.

If the redenomination kicks off now, it can be fully implemented in 2024 or 2025, he added.
Agus cited a number of economic parameters, including an 3.02 percent inflation rate and 5.02 economic growth rate last year, as well as an 5.01 percent economic growth rate in the first quarter of 2017.