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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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(Note: The TETELESTAI post is the official "Go" for redemption/exchange.)

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Featured Post

"Hardball" - GCR/RV Intel SITREP - Sunday - June 25, 2017

Received via email at 10:34 AM EDT for publication. ~ Dinar Chronicles We're on an hour by hour trigger starting @ 4pm EDT today. Milita...

Tuesday, June 13, 2017

"2nd Step to RV" - Tues. PM KTFA Thoughts/News

KTFA

Apmcrx » June 13th, 2017


CC was exciting!!!! Thank you F26.

Thinking about the 2nd step to RV...I think you know something about LD's or ATM's...(that's why you said at the end of the CC that would be great to see the 0's gone and when you mention something is like a clue IMO) so...you just need confirmation. IMO Am I cold or hot? Thank you again F26

Dena » June 13th, 2017

I HAD that same thought... am wondering if it is already done in country .....

MilitiaMan » June 13th, 2017

I like the part of "gradually improve the fiscal adjustment" and "restore fiscal balance in the long average. " Among all the other well highlighted segments!! 

Improving the fiscal adjustment, as in getting the IQD on Par with the USD, now that is a pillar, or solid foundation to be on or held up by. Talk about being recognized in the world!.. Once they improve the credit rating,,, uh hmm.. Like after you raise the rate or have restored to the average.. They are even sweetening the pot for pete sake! "Including helping Iraq to ease the burden of repayment obligations with Club Paris" The last was their words not mine.. lol ~ MM

Don961 » June 13th, 2017

Apparently they talked IQD at the meeting :
"communication in linking the Iraqi dinar to the dollar allowing a pillar of the economy."

Don961 » June 13th, 2017

7 controls for the participation of banks in the auction currency

06/12/2017 (00:01 pm) - o Baghdad / term

Select the Central Bank of Iraq, on Sunday, seven key criteria related to the participation of banks sell foreign currency window, indicating that the dollar put the sale process in the framework responds to legal, regulatory and local and international regulatory requirements. The governor of the bank on the Keywords in a statement received (range), a copy of it, said that " the Central Bank of Iraq began since the beginning of this year , the adoption of specific weighting criteria concerning the participation of banks in the sale of foreign currency window (dollar) , "

noting that "this comes after nearly years of preparation and consultation for the development of such standards as currently drafted, as these criteria were given a certain degree relative is a total final score of the bank, which in turn determines its share of the quantity sold foreign currency per day. " Keywords He added that " it was seven basic criteria for the adoption of the classification of banks for the purpose of entering the window of the sale of foreign currencies branch of which other sub - given each relative weight contributes to determine the final grade of the bank , "

noting that, the criteria are "compliance with ( the degree of compliance with the rules and procedures to combat money laundering and the financing terrorism) and has the greatest weight, compliance with the instructions of the foreign currency window, standard dealing with correspondent banks in terms of being certified and classified internationally, match bank statements with the statements of correspondent banks, to meet the demands of customers and within the elements of a number of bank branches, lawsuits against the Bank, contracting with an international auditing firm and takes into account the date of establishment of the bank as it is downloaded five degrees degrees of banks that have not only been established more than a year. "

The Governor of the Central Bank, that "public banks evaluated in terms of general conditions (performance and efficiency) , it being in accordance with other international standards , most notably the International Standard (CAMELS) , which serves as an early warning banks are classified under which on the basis of solvency capital C, and asset quality A, management M, profitability E, liquidity L, and sensitivity analysis to market risk, which is expressed in each of the elements of a number of financial indicators. "

He explained the Keywords, that " a review of grades given to the banks are constantly changing according to the extent of the banks commitment to the requirements and procedures in accordance with the audit and inspections conducted by the Central Bank, or by providing bank proof of improved compliance with the standard or more, the Bank is being periodically reviewed for banks all, and share a number of from the departments of the Bank and its formation in the evaluation process , according to the standard type and the competence of the department or configuration, which provides high credibility and objectivity. "

He noted the Keywords, that " the Bank shall provide each bank in degrees granted according to each criterion according to each element of each standard, and gives the bank an opportunity to object or make notes, and holds a higher committee headed by the Deputy Governor and the membership of an advanced staff in the Bank 's review notes or objections and meet the relevant process in the bank, and it can be adjusted according to the assessment is presented from the bank, "adding that" the door is always open to the bank at any time feel that it has made progress in the application of the rules mentioned. "

And issued the Central Bank of Iraq, in (last March 19), a circular to all private banks to abide by the standards to meet the sale of foreign currency, pointing out that the task of the international audit firms that have been contracted to assess the financial position and asset quality of the banks.

http://almadapaper.net/ar/news

Rolex » June 13th, 2017

Hi Frank & Delta......Do you believe these 2 CBI branches in Kurdistan need to be open and ready to go before an RV can happen?

Article: Central Bank of Iraq to open two branches in Erbil and Sulaimani

PMac » June 13th, 2017

IMHO... Those branches do not need to be open. The CBI's strategy to open (re-open) a branch in Mosul (Kurdistan) has not been identified as a major file in our study.

Remember that we are simply waiting for them to raise the value of their currency by lifting 000's and entering article VIII.

Everything that we are seeing in articles and studying of intel at this point is because they are past the decision to RV.

They are walking through the process I would call "solidifying equity". They are doing everything possible to gain a higher valuation of, contracts, and even the rate cap!

Remember that a few months ago we were told of intel that they were asking for a higher rate cap? I believe the longer we wait... the higher it will be because of the simple properties of supply and demand and the fact that Habib over there won't stop asking for a higher rate... even after they blow through another "backwall date"!!!

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