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The TETELESTAI (It is finished) email which will contain the first 800#'s will be posted first on a private page and will be sent out to everyone subscribed to the private page's feed.

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Featured Post

RV Intel/Thoughts/News - All Posts for May 23, 2017

Below is a list of all of the content posted for Tuesday, May 23, 2017. This will be useful for those of you who may have missed something o...

Friday, April 28, 2017

"Following a Playbook" - Fri. AM KTFA Thoughts/News

KTFA

Libertyu78 » April 28th, 2017


Some of us need a translation of the translation, apparently. Other "gurus" have started saying May 6th as well. Did Abadi ever actually say the date itself or is everyone just having their own interpretation of what "next" saturday means? It would be interesting if this were kicked out another week just as the debt ceiling in the US was also. Coincidence? But seriously, I can't tell if they mean the 28th or 6th as it is.

As Frank stated.....DELTA's translation is genuine....I can tell you from a long time of study of Iraqis that their phraseology is much different than that of the west.......when they speak of "next" they are indeed referring to a timeframe within this week....whether it be tomorrow or Saturday.......it is of this week....not as we would say...next week.....meaning some time after Sunday.....I'll stand with Frank on the translations of DELTA....today and any day....including this Saturday. Aloha Randy

Don961 » April 28th, 2017

Hmmmmmm….the two CBI's must be following a Playbook or something ..... (wink)

Exchangers Urged to Quit Banking Operations

Thursday, April 27, 2017

The Central bank of Iran is determined to navigate moneychangers back to their original activities and leave banking operations to banks, said the head of the Department for Banking Supervision at CBI.

"For a period of time, due to certain reasons, we had to transfer money overseas through the money exchange houses but now our banking system is back to a reliable point. As the governor of CBI emphasized, exchangers should put an end to their banking activities so the banks are able to reclaim their role in the market," Abbas Kamarei was also quoted as saying by IBENA.

Addressing moneychangers' concerns that pushing them out of banking activities would weaken their position, he said, "There was a time when policymakers deemed it right to delegate some important tasks to exchangers and we witnessed the positive and negative outcomes. Now the policymaker has decided another way to handle things and it is not acceptable for moneychangers to complain."

The official said if moneychangers believe their market is not lucrative enough, they could quit.

"The most important thing for Iran's economy is transparency since when it's lacking, some benefit and more lose," he added.

Kamarei said there have been a number of exchangers that did not abide by the rules last year and as a result faced punishments, leading to the closure of 10-12 of them.

Back in July, the banking system got the thumps-up from CBI to trade in foreign currencies at the open market rate.

The Central Bank of Iran recently invited businesses to procure their currency requirements from the banking system at market rates. The proposal was received well and is deemed a prelude to the longstanding plan to unify the dual exchange rate regime in the Iranian market.

https://goo.gl/KwPtv5

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