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Thursday, September 1, 2016

Dinar Updates Daily Chat Log for Wednesday 8/31/16 - Part 5

Dinar Updates Daily Chat Log

Part 5 - Featuring rcookie

SRW says to rcookie(1:03 PM):

Ya, I heard 007 was her body guard!! :D

kalis says(1:05 PM):

i agree ..... if the imf said $1 to $1 i am cool with that . what evr rate they decide to come out is great due to will get the ball rolling .

Okie Dinar says(1:08 PM):

The dollar 's exchange rate at the highest level in a month

Views 18 Date 31/08/2016 - 18:50

Economy News / Continue ...

It rose US currency exchange rate, the dollar, the highest level in a month against the Japanese yen as investors away in the currency market for the Japanese currency and optimism after the consumption figures in the United States.

The dollar rose to 103.23 yen, a level not more than a hundred yen to the dollar (100.5 yen to the dollar) the beginning of the week.

This is the highest level of the exchange rate to the dollar since the end of last month.

The euro exchange rate against the dollar has not changed too much to remain at $ 1.11 against the euro.

The average price of the dollar of 95.95 points to the index 96.13 points.

With the declaration of an increase in the consumption figures in the United States Tuesday, traders in the currency market returned to bet on the president of the Federal Reserve's remarks (the central bank), the US at the weekend that the prospect of US interest rate hike more likely.

With the increase in the dollar exchange rate falling commodity prices denominated in US currency, such as oil, as declining price of gold and precious metals in general.

Okie Dinar says(1:08 PM):

Rivers accept private banks instruments

Views 324 Date 31/08/2016 - 19:24

Economy News / Baghdad Rafidain Bank announced its acceptance of the instruments of private banks entitled to state departments, as instructed its branches to all citizens need to complete the transaction within a maximum of three days.

The bank said in a statement received by the "Economy News", a copy of it: The director of the bank mandated by student Jabbar directed departments branches to expedite the completion of the transactions all within a period not exceeding three days if there is no legal exhibitors, indicating that the Bank's decision comes in the framework of shortcut routine and overcome obstacles to customers Jabbar confirmed that the branches of the bank, according to directives announced its reception and acceptance of instruments entitled to departments and state institutions all apart from the bank that issued him the instrument, whether from the government or the Bank of Ahli Bank.

He pointed out that some branches of the bank had refused issued by private banks instruments. AJ

Okie Dinar says(1:09 PM):

Iraq: an advance state employees 10 million dinars and payment within 5 years

Views 27 Date 31/08/2016 - 18:46

Economy News / Baghdad ...

Rafidain Bank stressed that the advance of the state which was launched recently staff of 10 million dinars, paid in the form of monthly installments for a period of 5 years.

Press office of the bank said in a statement that "the economy News" received a copy of "The benefits of the advance payment of up to 7 percent of the total amount required to be paid monthly about 196,000 dinars, in addition to obtaining the amount of 2 percent administrative commission of the amount of the advance."

The statement continued that "the total amount that is deducted from the employee's salary is about 196,000 dinars a month on condition that the applicant to request the advance civilian staff installed on permanent staffing and went on to serve one year in order to begin to deduct the amount of the premium month after the grant date."

He stressed the need not to exceed the monthly deductions of advance and other obligations owed by the borrower 50 percent of the total salary as well as the requirement to provide the sponsor to ensure a civil servant of the state employees on the permanent staffing and does not accept guarantees opposite and that does not exceed the deductions of 50 percent of the total salary of the sponsor.

The statement noted that "in the case of a previous advance of the applicant is a Agaydah settlement or cash and the remaining amount is paid for Mstlv."

The statement said that "filling out the form located on the website of the bank from 8:00 am until 13:00 in time for the sort of forms and raising accepted requests for advance payments in the form of names."

The statement noted the rejection of all forms received from lagging ministries in repayments of loans and advances past that is launched after the resumption of debt repayment.

Rafidain Bank was launched on Tuesday, the form for electronic submission of the predecessor state officials of the ministries and its affiliates.

rcookie says to kalis(1:09 PM):


jimplants says(1:11 PM):

the imf and WB have not spent billions and all of this time for a measly dollar

kalis says(1:11 PM):

oh what is the 1 to 1 i am confuse

rcookie says to kalis(1:12 PM):


jimplants says(1:13 PM):

view the VT value added tax their money will have a greater value one that is established not suppresed their one dinar will buy a lot more an aweful lot more

bubbles says(1:14 PM):

What is happening with the HCL? I havent seen anything on it in a while

rcookie says to bubbles(1:14 PM):


bubbles says(1:15 PM):

Not listening

rcookie says to bubbles(1:15 PM):


rcookie says to bubbles(1:15 PM):


bubbles says(1:15 PM):

yep. I said what I said he is buying it. I tried all I can do.

bubbles says(1:16 PM):

Told him to come here dont know if he did but I doubt it

Okie Dinar says to bubbles(1:16 PM):

Mr. BGG wanted to let you all know that he apologizes for not getting the call up this morning! He had to help someone out :) Thank you'all for your understanding :) He is going to try and get it up later today :)

And there will be no News Time tonight, but tomorrow night! :)

JETSET says to kalis(1:16 PM):

no worries kalis. there has been lots of speculation on 1 to 1 for years now. every single site has discussed it at some point on calls, chats, etc.... it isn't uniqe to any one person.

Okie Dinar says(1:16 PM):

Sorry for everyone :)

bubbles says to Okie Dinar(1:17 PM):

aww and I thought I was special :D

Okie Dinar says to bubbles(1:18 PM):

:D you are!

bubbles says(1:18 PM):


JETSET says to kalis(1:18 PM):

even BGG has said at times that he thinks it could come out at a low rate initially.

kalis says to JETSET(1:19 PM):

no problem . i was just asking and thought what i was reading the 1 to1

JETSET says to kalis(1:20 PM):

glad you are here.

Okie Dinar says to kalis(1:20 PM):

Me too! (F)

RickeyT says to kalis(1:21 PM):

from .01 to $37. to trhe English pound and all points in between

JETSET says to RickeyT(1:23 PM):

exactly. that has all been propogated at some point in time

RickeyT says to Okie Dinar(1:23 PM):

I am happy for you

rcookie says(1:23 PM):


kalis says(1:23 PM):

enjoy your day all of you . i think it a blessing to know about and to have the chance to be part of it evenif it does not happen or not ...

Okie Dinar says to RickeyT(1:23 PM):

I should also state, I have NOT been in this for YEARS.

Okie Dinar says to RickeyT(1:24 PM):

I haven't hit that, 'what did I get myself into' wall :)

rcookie says(1:24 PM):


RickeyT says to Okie Dinar(1:24 PM):

only 7 years for me, many have died waiting for the "blessing" and were counting on it

flint says to bubbles(1:25 PM):

that group your friend is listening to also talks to the Dragon Family in China and talks Global Currency Revalue... more bs

JETSET says to Okie Dinar(1:25 PM):

i hit that wall about 24 hours after i made my first exchange but i have't looked back since!

Okie Dinar says to kalis(1:25 PM):

Have a great Kalis :) Thank you for being a huge part of our team :)

jimplants says(1:25 PM):

all i can remember being in print was RESTORE TO ORGINAL VALUE

rcookie says to kalis(1:25 PM):


RickeyT says to jimplants(1:25 PM):

that sir, would be sweet!

Okie Dinar says to kalis(1:25 PM):


Okie Dinar says to JETSET(1:26 PM):

Glad you're still here :)

bubbles says to flint(1:26 PM):

yes I know. sad. I listen to one call ot part of it. Could not stomach it knowing what I know

jimplants says(1:26 PM):

yes it would and that is what i am looking for

JETSET says to jimplants(1:26 PM):

there have been articles over the years where different GOI / CBI officials have talked about making the dinar equal to the dollar... that has caused some to draw a conclusion that it will be 1:1....

Okie Dinar says to RickeyT(1:27 PM):

God's timing is perfect. We can't try to figure it out. I'm sorry you have lost loved ones.

jimplants says to JETSET(1:28 PM):

i believe they are talking about restoring value remember we use translations not actual words

flint says to bubbles(1:28 PM):

yes... sorry... so sad

Okie Dinar says to jimplants(1:28 PM):

That would be amazing!

RickeyT says to Okie Dinar(1:29 PM):

You may not have known her, but BondLady just died.

JETSET says to jimplants(1:29 PM):


jimplants says to JETSET(1:29 PM):

IMO they are talking buying power

Okie Dinar says to RickeyT(1:30 PM):

I sadly, did not know her, but did hear of her passing. From what I understand it was very sudden. I'm sorry!

RickeyT says to Okie Dinar(1:30 PM):

crusty lady that owned a bailbond company, one of he originals in dinar land, she stuck to print, no hype, a shock to many

JETSET says to jimplants(1:30 PM):

like i have said in the past, one day the IQD will have some legitimate value... whether it is 90 cents or 3.86 or anywhere in between, most investors won't care who was right or wrong, they will just be excited that Iraq has moved forward and they can finally benefit from it.

jimplants says(1:30 PM):

can you imagine the accounting nightmare with sharing the port of faw and oil wells with kuwait if they are not close in value

JETSET says to jimplants(1:31 PM):

i agree. that has been one of my reasons that i believe that it will ultimately be at a very high rate.

Okie Dinar says to JETSET(1:32 PM):

Exactly! We would be happy no matter what it comes too!

Society says to rcookie(1:33 PM):

Hey rcookie......I just skimmed the chat logs as I am pushed for time so I may have not read everything from this morning.......IMO, the Saleh Article is referring to Article 14, transitional arrangement, and not the 14. paragraph of what I believe was the Letter of Intent and agreement with the IMF......I believe he is blasting the Finance Minister, Zebari, and parliament for not doing as agreed in "paragraph 14" to move from the MCP and to fully accept Article 8 obligations......IMO, he is setting the stage to make sure Zebari is gone and the next guy better get things moving as they need the next two loan installments THIS YEAR!!!!......Time is wasting

JETSET says(1:34 PM):

furthermore, if, if, if it does come out at a low rate, i don't think it would stay there for very long for various reasons including the shared port with kuwait, etc

Okie Dinar says to Society(1:35 PM):

GA! Hope you're enjoying your day!

Okie Dinar says to JETSET(1:35 PM):


bubbles says(1:36 PM):

everyone have a good afternoon I have to go start my taxi service. :D

Okie Dinar says to bubbles(1:36 PM):

Have a good afternoon Bubbles!

flint says to Society(1:37 PM):

thanks for the possible explanation of the confusing Saleh article

bubbles says(1:37 PM):


Okie Dinar says(1:37 PM):

Mr. BGG wanted to let you all know that he apologizes for not getting the call up this morning! He had to help someone out :) Thank you'all for your understanding :) He is going to try and get it up later today :)

And there will be no News Time tonight, but tomorrow night! :)

Nomad says(1:40 PM):

.OkieDinarCOPY: Thanks for the update, looking for a great call tomorrow.

(1:45 PM)jackflash101st was kicked out by jackflash101st!

Society says to flint(1:46 PM):

Not sure if my opinion is correct but it fits the context and especially coming from Saleh.....would love to hear other thoughts.....

Society says(1:49 PM):

As to Frank references earlier.....he needs our prayers.......him and his admins have run off many that tried to help him for so long.....If any have any difference of opinion from Frank or his "admins", you are banned as I was........not very Christian over there for a purported "Christian site"

Society says(1:50 PM):

Back to Work.......will read Chat logs later

(1:50 PM)Romello was kicked out by Romello!

(1:55 PM)inthehse was kicked out by inthehse!

(2:04 PM)Romello was kicked out by Romello!

(2:06 PM)Romello was kicked out by Romello!

(2:07 PM)Romello was kicked out by Romello!

Okie Dinar says(2:19 PM):

Economic Affairs approved the recommendations on the gold trade barriers

Views 72 Date 08/31/2016 - 21:41

Economy News / Baghdad ...

Committee decided to government economic affairs, on Wednesday, to approve the recommendations on the gold trade barriers, as discussed several topics including the subject of wheat crop planted outside the agricultural plan and the affected ones with floodwaters.

Said a statement received "Economy News" that "the economic affairs committee held its eleventh meeting chaired by Finance Minister Hoshyar Zebari and the presence of oil ministers, Planning and Chairman of the National Authority for Investment and agents Minister of Industry and Trade Advisor to the Prime Minister for Economic Affairs and Director General of the Legal Department of the Office of the Prime Minister."

"The committee discussed a number of issues of character Economic Bmaysahm to overcome the problems and obstacles facing the economic process which has taken several decisions included the approval of the recommendations regarding impediments to the gold trade, which lead to the recovery of gold jewelry trade with activating the role of the control device Altqays and quality control."

"It has also been the subject of debate wheat crop planted outside the agricultural plan and the affected ones with floodwaters and the subject of fodder barley, as well as Iraqi Arab liquidation of the company for the development of animal and granted many exceptions for companies and the Ministry of Commerce of wealth."

The statement said, "The Committee also discussed Showing Wahlstrom French company for the implementation of Basra, where Metro project has taken a decision on it his offer as an investment opportunity in coordination with the National Investment Commission of what this project of importance to the province of Basra."

Okie Dinar says(2:19 PM):

From MadDScout

Okie Dinar says(2:21 PM):

Mr. BGG wanted to let you all know that he apologizes for not getting the call up this morning! He had to help someone out :) Thank you'all for your understanding :) He is going to try and get it up later today :)

And there will be no News Time tonight, but tomorrow night! :)

loop says(2:42 PM):

Abadi's adviser / balances News /: 60% of imports in 2017 budget was built on oil

economy Since 31/08/2016 20:53 pm (Baghdad time)

Special - balances News

Economic Adviser to the Prime Minister revealed the appearance of Mohammed Saleh, Wednesday, that 60% of imports in 2017 budget was built on oil, among the 40% of tax returns and other material.

Saleh said, L / balance News /, "The 2017 budget estimated at more than 100 trillion dinars and a deficit of 32 trillion dinars, but that all figures mentioned in the budget are assigned to speculative subject to change."

Saleh added that "the 2017 budget was built by 60% on imports of oil at $ 35 per barrel," he said, adding that "the other 40% of the allocated import taxes and customs, and the funds retained from previous budgets."

It is said that the President of the Parliamentary Finance Committee revealed Ahmed Kanani's / balances News / Today, the ratio of the budget deficit in 2017 amounted to about $ 32 trillion, while that between now until there are no solutions to address the deficit.

The Prime Minister Haider al-Abadi, announced, yesterday, of the Council approval of the 2017 budget and submit it to the Council of Alnwab.anthy 29/33 h

loop says(2:45 PM):

Parliamentary Finance reveal L / balance News / deficit ratio in 2017 budget

economy Since 31/08/2016 17:53 pm (Baghdad time)

Special - balances News

The chairman of the parliamentary Finance Committee Ahmed Kanani, Wednesday, that the percentage of the budget deficit in 2017 amounted to about $ 32 trillion, between that until now there are no solutions to address the deficit.

He said Kanani, L / balance News /, that "the government pressured state institutions through the operating budget for the year 2017 and tried to reduce them as much as possible," noting that "the deficit in next year's budget amounted to about $ 32 trillion."

He added that "At the moment there are no solutions to eliminate the deficit, but rising oil prices," explaining that "there is a loan from the World Bank would help resolve the crisis part of the budget until the end of the year."

And ratified the Council of Ministers, earlier, the draft 2017 budget after it was read during the session. It ended 29

From: Haidar Almitm

(2:47 PM)clay changed nickname to .VIP.clay!

clay says to loop(2:47 PM):

hey there buddy :)

Okie Dinar says to loop(2:49 PM):

Thank you for the news :)

Okie Dinar says to clay(2:50 PM):

GA Clay! :)

clay says to Okie Dinar(2:55 PM):

hey there :) thanks for copying

jfd says(2:57 PM):

I cant believe that increasing the value of the Dinar would not help their budget problems.Maybe only dinarians think so?

Society says to jfd(2:58 PM):


loop says to Okie Dinar(2:59 PM):


Okie Dinar says to clay(2:59 PM):

YVW :)

loop says to clay(3:00 PM):

Hi Clay

Society says to jfd(3:00 PM):

IMO.....Indirectly only......they are broke after sharp decline in oil and having to pay for a war.......however, launching the private sector, job creation with added taxes and licensing fees all will contribute to decreasing their deficit

Continue to Part 6
 | Link to Part 1



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