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Thieves dollar starve the poor decrease the value of the Iraqi dinar
Sunday , February 22, 2015
After the House of Representatives approved the federal budget for the year 2015, the Iraqi dinar prices to decline against the US dollar began to discharge rate reached paper (consisting of $ 100) of 120 000 dinars to 125 000 dinars, was reflected in the prices of goods and services in the local markets where prices rose much more than the rise in the dinar exchange rates, because more goods consumed by our people are imported from abroad in foreign currency (the dollar), and this trait inherent to the case of prices for decades as the citizens harmed while decreases the value of the dinar, but does not witness any benefits at improvement exchange rates, some believe that the reasons for the low rate of the dinar dates back to the contents of Article 50 of the budget in 2015, which required the Central Bank of Iraq that the law does not exceed auction sales currency for $ 75 million a day, with the exercise of justice in sales and demand co statements and tax settling accounts and savings bank Alkmarki documents and the introduction of goods within 30 days from the date of purchase and otherwise apply to the bank punitive measures.
It shows that the decline in the dinar exchange rate does not have anything to do with Article 50 of the budget, which we referred to the law, the federal budget for the year 2015 Act is not yet the lack of publication in the Official Gazette yet applied, also witnessed Auction currency is reduced dollar selling operations to less than 75 million in some sessions, which means that there are certain purposes of raising the value of the dollar, and the purpose is clear, some are trying to move the popular push for a return to normal, the sense of lawlessness in the auctions sell the currency in the interests of dealers these auctions who achieve high gain of those speculations, and it seems that the dollar traders have not satisfied after it has used to this winning trade that generate large earnings, during the years 2006- 2013, the Central Bank sold 312 billion dollar in the auction notorious and when you ask those responsible for the management of the bank, they say do not you afraid of sell the dollar because every dinar price is denominated in the dollar, but they did not make available real opportunity for citizen traveler or Almtalj buying dollar naturally and streamlined style sale to others in the auction daily and constant currency to six days a week.
It is mathematically just, the profits made by dollar sales from the central bank gives the figures are encouraging in for a game (currency trading), purchase of the dollar from the auction are priced at 1166 dinars, and are sold to markets at a price of 1250 dinars, at least, so that the profit realized 84 dinars for But every dollar of profit from the sale of the dollar rate are 7.2% daily, and the presence of a six-day sales in the Central Auctions, the ratio rises to 43.2%, and assuming that the month is made up of four weeks, the proportion of profit from the sale of one dollar to be 173%, This means that every dollar has the potential to (bleached) or (generate) more than once in every month, and that you Thspoa how much they earned dollar through central bank sales of the lucrative profits in one year, the risk-free work, and no effort and does not require a huge investment because everything purchased is sold as the dollar has the highest demand in the market. It is really strange, the dollar's exchange rate stable in the auctions of the Central Bank and volatile in the local markets, to the extent that the citizen inspects the buying and selling prices of the dollar a day while it is stable in most countries, including Lebanon, for example, wherever you go price at which 150 thousand pounds for every $ 100.
Because of the Iraqi dinar oriented fall further against the dollar and that it hurts the lives of ordinary people of our people by influencing the prices of goods and services, the concerned authorities in the country in front of a national duty to leave policy (dollarization) pursued for years, as the policy has proved damaging to the national economy and encouraged the illicit enrichment and cause serious damage to the domestic product, industrial and agricultural goods and other, and have contributed significantly to the migration of capital and money laundering, and may be of the relevant events security and internal violence factors, as he should have done a review of policies and decisions that have followed in the bank CBI, investigative committees have formed in this regard, but no one touches the results yet but to refer some junior staff to retire or fairness or justice, Fetroat Iraq from the dollar and other foreign currencies does not belong to one, but the property of the people, and that the immunity created by the Iraqi Central Bank Law No. 56 for the year 2004 for its staff and some of the articles of this law were not a decision of the people, but from the US Ambassador Paul Bremer, industry, and which events proved that all that and put it not in the interest of Iraq, but to serve the interests of the decision-making occupation of Iraq, including the demolition of the national economy, to make it dependent on oil exports to be the chips so that the trees are falling with every movement of the winds blowing to the right or left.
And that the information contained in the Central Bank of Iraq and informs the members of the Finance Committee in the House of Representatives, including Dr. Ahmed Chalabi and Mr. Masood Haider, according to which the bank sold more than $ 40 billion in 2013 and 52 billion in 2014, and sales are concentrated to certain banks is a shops Banking which amounted to more than $ 4 billion a year for each one of the limited number of banks, must be interpreted in economic terms in relation to development that have not achieved any of them in Iraq, and in its relationship to the events that Iraq is going through in terms of exposure to the financial crisis which is now threatening the employees' salaries because it is the government would resort to reserves and borrowing to pay it, but the staff erupted in the streets at the end of each month, demanding their pay for it only source of livelihood. Most jobs in Iraq turned out to be much like the social protection program, and he expressed the Economic Adviser to the Prime Minister, who said that the rate of Action Iraqi employee of ten minutes a day, despite the fact that the daily working hours officially is seven hours and that most of the departments are strict in use (fingerprint) to adjust the dates of the beginning and end of the working hours of employees, and thus integrate the outskirts of the economic equation for the waste of resources, waste of dollars to more than 50 billion and wasting jobs cost more than $ 45 billion and totaling the equivalent of oil revenues, which are formulated and implemented by thieves dollar in their own way through the extension of their influence in the right place for implementation
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Sunday , February 22, 2015
After the House of Representatives approved the federal budget for the year 2015, the Iraqi dinar prices to decline against the US dollar began to discharge rate reached paper (consisting of $ 100) of 120 000 dinars to 125 000 dinars, was reflected in the prices of goods and services in the local markets where prices rose much more than the rise in the dinar exchange rates, because more goods consumed by our people are imported from abroad in foreign currency (the dollar), and this trait inherent to the case of prices for decades as the citizens harmed while decreases the value of the dinar, but does not witness any benefits at improvement exchange rates, some believe that the reasons for the low rate of the dinar dates back to the contents of Article 50 of the budget in 2015, which required the Central Bank of Iraq that the law does not exceed auction sales currency for $ 75 million a day, with the exercise of justice in sales and demand co statements and tax settling accounts and savings bank Alkmarki documents and the introduction of goods within 30 days from the date of purchase and otherwise apply to the bank punitive measures.
It shows that the decline in the dinar exchange rate does not have anything to do with Article 50 of the budget, which we referred to the law, the federal budget for the year 2015 Act is not yet the lack of publication in the Official Gazette yet applied, also witnessed Auction currency is reduced dollar selling operations to less than 75 million in some sessions, which means that there are certain purposes of raising the value of the dollar, and the purpose is clear, some are trying to move the popular push for a return to normal, the sense of lawlessness in the auctions sell the currency in the interests of dealers these auctions who achieve high gain of those speculations, and it seems that the dollar traders have not satisfied after it has used to this winning trade that generate large earnings, during the years 2006- 2013, the Central Bank sold 312 billion dollar in the auction notorious and when you ask those responsible for the management of the bank, they say do not you afraid of sell the dollar because every dinar price is denominated in the dollar, but they did not make available real opportunity for citizen traveler or Almtalj buying dollar naturally and streamlined style sale to others in the auction daily and constant currency to six days a week.
It is mathematically just, the profits made by dollar sales from the central bank gives the figures are encouraging in for a game (currency trading), purchase of the dollar from the auction are priced at 1166 dinars, and are sold to markets at a price of 1250 dinars, at least, so that the profit realized 84 dinars for But every dollar of profit from the sale of the dollar rate are 7.2% daily, and the presence of a six-day sales in the Central Auctions, the ratio rises to 43.2%, and assuming that the month is made up of four weeks, the proportion of profit from the sale of one dollar to be 173%, This means that every dollar has the potential to (bleached) or (generate) more than once in every month, and that you Thspoa how much they earned dollar through central bank sales of the lucrative profits in one year, the risk-free work, and no effort and does not require a huge investment because everything purchased is sold as the dollar has the highest demand in the market. It is really strange, the dollar's exchange rate stable in the auctions of the Central Bank and volatile in the local markets, to the extent that the citizen inspects the buying and selling prices of the dollar a day while it is stable in most countries, including Lebanon, for example, wherever you go price at which 150 thousand pounds for every $ 100.
Because of the Iraqi dinar oriented fall further against the dollar and that it hurts the lives of ordinary people of our people by influencing the prices of goods and services, the concerned authorities in the country in front of a national duty to leave policy (dollarization) pursued for years, as the policy has proved damaging to the national economy and encouraged the illicit enrichment and cause serious damage to the domestic product, industrial and agricultural goods and other, and have contributed significantly to the migration of capital and money laundering, and may be of the relevant events security and internal violence factors, as he should have done a review of policies and decisions that have followed in the bank CBI, investigative committees have formed in this regard, but no one touches the results yet but to refer some junior staff to retire or fairness or justice, Fetroat Iraq from the dollar and other foreign currencies does not belong to one, but the property of the people, and that the immunity created by the Iraqi Central Bank Law No. 56 for the year 2004 for its staff and some of the articles of this law were not a decision of the people, but from the US Ambassador Paul Bremer, industry, and which events proved that all that and put it not in the interest of Iraq, but to serve the interests of the decision-making occupation of Iraq, including the demolition of the national economy, to make it dependent on oil exports to be the chips so that the trees are falling with every movement of the winds blowing to the right or left.
And that the information contained in the Central Bank of Iraq and informs the members of the Finance Committee in the House of Representatives, including Dr. Ahmed Chalabi and Mr. Masood Haider, according to which the bank sold more than $ 40 billion in 2013 and 52 billion in 2014, and sales are concentrated to certain banks is a shops Banking which amounted to more than $ 4 billion a year for each one of the limited number of banks, must be interpreted in economic terms in relation to development that have not achieved any of them in Iraq, and in its relationship to the events that Iraq is going through in terms of exposure to the financial crisis which is now threatening the employees' salaries because it is the government would resort to reserves and borrowing to pay it, but the staff erupted in the streets at the end of each month, demanding their pay for it only source of livelihood. Most jobs in Iraq turned out to be much like the social protection program, and he expressed the Economic Adviser to the Prime Minister, who said that the rate of Action Iraqi employee of ten minutes a day, despite the fact that the daily working hours officially is seven hours and that most of the departments are strict in use (fingerprint) to adjust the dates of the beginning and end of the working hours of employees, and thus integrate the outskirts of the economic equation for the waste of resources, waste of dollars to more than 50 billion and wasting jobs cost more than $ 45 billion and totaling the equivalent of oil revenues, which are formulated and implemented by thieves dollar in their own way through the extension of their influence in the right place for implementation
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