DELTA: IQD BUY & SELL IRAQI MARKET
10-Jun… 1198- 1196
11-Jun… 1201- 1198
12-Jun… 1201- 1198
13-Jun… 1201- 1196
FAMILY TODAY MARK THE 90 DAY FOR THE 2%….GOOD JOB CBI…
Don961: Hey DELTY … thank you
Found these graphs/charts :
these are interactive charts … just click the link below …. (there are currency charts as well)… anyhow … too bad they don’t go farther into 2018 … but noticed that the Window prices have been pretty flatlined , with small fluctuations , since about 2009 ….
the Market prices have fluctuated in a wider range … but what’s interesting … imo … is from about Jan, 2009 to Jan. 2012 it flatlined … pretty much coverging with the Window Price ….
now do you know was that about the time DRS had the CBI poised to do an RI ?? … but then all the stuff with Maliki trying to arrest him happened ? .. because then around 2012 the chart begins to go higher ….
until … look at the Market Price line where it ends on the far right … it looks to revert back to around 1200ish again … and as we’ve seen from following it this year , it pretty much has stayed there … almost converging with the Window price chart once again …
so if indeed they were poised to RI back in the 2009 – 2012 time frame … when the 2 charts converged … isn’t it curious to see the same pattern again now ! … coinciding with all these steps that have have happened .. that perhaps they are poised to try once again … imo
LEB: According to Frank….the new ATMs do not have software for 3 zero notes. Today is Day 90 of compliance. Could this be the lower denominations being released?
PappaJ: COMMON SENSE SAYS YES ! BUT THIS IS IRAQ! LOL
Samson: The Central Bank allows cash withdrawals from points of sale and determines the commission rate
14th June, 2018
The Central Bank decided on Thursday to allow citizens to withdraw cash from the points of sale deployed at the agents of electronic payment companies and merchants in the markets.This is in order to organize electronic payment operations and within the strategic plan of this bank to switch to electronic payment in a sound and orderly environment
The bank said in a statement received by Al-Iktissad News that “cash withdrawals are carried out by agents or authorized dealers who are contracted by the electronic payment companies to provide various services including cash withdrawals provided that the bank is provided with an updated register including their names, Which ensures their compliance with anti-money laundering and terrorism financing laws and the electronic payment service system. “
He added that “the ceiling of customers’ lien by 2 million dinars per day and the proportion of commission updated not exceeding (0.006) during the day and the commission should not be less than two thousand dinars and must be visible in the tape to the customer.” “All cards (Key Card, Master Card, Visa Card) work according to this procedure,” the statement said LINK
Samson: Press release on the organization of the work of cash withdrawal from points of sale
14th June, 2018
The Central Bank allows cash withdrawals from points of sale and determines the commission rate
The Central Bank of Iraq decided to allow citizens to withdraw cash from the points of sale deployed at the agents of electronic payment companies and traders in the Iraqi market, and this is in order to organize electronic payments and within the strategic plan of this bank to switch to electronic payment in a sound and orderly environment.
This bank explains that cash withdrawals are made by authorized agents or dealers contracted by the electronic payment companies to provide various services including cash withdrawals provided that the bank is provided with an updated register including their names and periodically adopting procedures to ensure compliance with AML laws and financing Terrorism and electronic payment system.
The bank has set the ceiling for customers to withdraw 2 million dinars per day. The percentage of the commission is not to exceed (0.006) during the day and the commission should not be less than two thousand dinars and should be visible in the tape to the customer.
The bank also wishes to clarify that all cards (Key Card, MasterCard, Visa Card) are in accordance with this procedure. https://cbi.iq/news/view/735
Samson: US official: Iraq will be a center of stability and prosperity in the Middle East
14th June, 2018
US Deputy Assistant Secretary of State David Satterfield expressed Washington’s belief that Iraq “could become a center of stability”.
Satterfield said that “Iraq has the ability to be a center of stability and prosperity in the Middle East and a partner of the United States,” expressing Washington’s optimism about the future of this country.
Satterfield revealed the administration’s current request for a $ 200 million budget increase to provide aid to Iraq.
“The United States must not take full responsibility for funding stabilization efforts in the region,” he said, adding that “Iraq can play a major role in efforts to fight a terrorist organization.” LINK
Samson: Municipality of Baghdad: the opening of tourist and recreational facilities and parks in front of citizens free during the feast
Amina Baghdad directed the commemoration of Aloush by creating all tourist and leisure facilities and parks and equipped with games to open to citizens free of Eid al-Fitr.
“Alloush toured the Abu Nawas Park to view the preparations for the reception of citizens during the Eid al-Fitr, especially after the completion of monument 12 giant towers of modern lighting excluded from the programmed plots to illuminate Abu Street, We live and the gardens stretch along it. ”
He added that “Amina Baghdad directed the districts of Karrada and the center of Rusafa to create the park Abu Nawas to open before the families of Baghdad during the days of Eid and a new trip after the set of games and children and places to sit and attention to green areas and plantations in addition to the reopening of parking garages.
The statement added that “Amina Baghdad directed all municipal departments to set up their tourist and entertainment facilities to receive the families of Baghdadi, visitors and expatriates from all governorates of the country during the Eid al-Fitr.
He pointed out that “the Secretariat also prepared the Baghdadi Museum to receive visitors during the days of the Eid, which includes a large number of scenes and crafts and professions Baghdadiya old, which left a lot of them because of technological development and the introduction of many new technologies to public life,” and ” to prepare a security plan by the Directorate of Guardians and Security In coordination with the Baghdad Operations Command to secure these places for visitors during the Eid, pointing out that “the service effort of the municipal departments will continue during the days of Eid to provide cleaning services, water, sewage and other people of the city of Baghdad and non-stop.
The statement pointed out that “the staff of the Department of Electricity and Decorations has installed a number of leaflets decorations in the streets and parks, as well as the municipal departments cleaning and washing the streets surrounding the holy shrines and mosques and prepare for the Eid prayer.” LINK
Don961: Oil rises to a two-week high at settlement level
13 June 2018 10:02 PM
Mubasher: Oil prices rose to a two-week high on Wednesday, following US inventories data.
The US Energy Information Administration data showed US oil inventories fell more than expected last week by 4.1 million barrels to 432.4 million barrels.
While press reports said that Russia will propose increasing the production of crude from OPEC and its members from abroad at the next meeting.
For his part, US President “Donald Trump” again attacked high oil prices.
On the settlement, US crude futures for July delivery rose 0.4% to $ 66.64 a barrel, the highest level since May 31, to climb for a third session in a row.
By 6:50 pm GMT, the benchmark Brent crude for August delivery rose 0.9% to $ 76.58 a barrel. link