The Iraqi Dinar Daily

The Iraqi Dinar Daily is fast becoming very popular, it is a fast and fun site with updates three times a day with the latest chatter and blurbs from across the Dinar community.

http://www.theiraqidinardaily.blogspot.com/

Breitling Report Tuesday 12/31/2013

Uploading the Audio Now, will be up shortly. Sorry for the Delay all

Please any Questions: send to breitlingcurrency@gmail.com I will get to your questions as soon as possible by personal e-mail, blog post or audio "If you Knew you could not fail, what would you try today?" Philippians 4:13

The Iraqi Dinar Daily

The Iraqi Dinar Daily is fast becoming very popular, it is a fast and fun site with updates three times a day with the latest chatter and blurbs from across the Dinar community.

http://www.theiraqidinardaily.blogspot.com/

Breitling Report: Monday 12/30/2013

The Iraqi Dinar Daily

The Iraqi Dinar Daily is fast becoming very popular, it is a fast and fun site with updates three times a day with the latest chatter and blurbs from across the Dinar community.

http://www.theiraqidinardaily.blogspot.com/

Breitling Report: Thursday 12/26/2013

Merry Christmas to All

Please any Questions: send to breitlingcurrency@gmail.com I will get to your questions as soon as possible by personal e-mail, blog post or audio "If you Knew you could not fail, what would you try today?" Philippians 4:13

The Iraqi Dinar Daily

The Iraqi Dinar Daily is fast becoming very popular, it is a fast and fun site with updates three times a day with the latest chatter and blurbs from across the Dinar community.

http://www.theiraqidinardaily.blogspot.com/

Breitling Report Saturday 12/21/2012

The Iraqi Dinar Daily latest chatter and blurbs from across the Dinar community.

The Iraqi Dinar Daily is fast becoming very popular, it is a fast and fun site with updates three times a day with the latest chatter and blurbs from across the Dinar community.

http://www.theiraqidinardaily.blogspot.com/

Breitling Report: Friday 12/20/2013

Please any Questions: send to breitlingcurrency@gmail.com I will get to your questions as soon as possible by personal e-mail, blog post or audio "If you Knew you could not fail, what would you try today?" Philippians 4:13

United Nations Proposes New Global Currency (HD)

United Nations Proposes New Global Currency

The Iraqi Dinar Daily

The Iraqi Dinar Daily is fast becoming very popular, it is a fast and fun site with updates three times a day with the latest chatter and blurbs from across the Dinar community.

http://www.theiraqidinardaily.blogspot.com/

Breitling Report Thursday 12/19/2013

The Iraqi Dinar Daily

The Iraqi Dinar Daily is fast becoming very popular, it is a fast and fun site with updates three times a day with the latest chatter and blurbs from across the Dinar community.

http://www.theiraqidinardaily.blogspot.com/

Breitling Report: Tuesday 12/17/2013

Don't Forget to Visit The Iraqi Dinar Daily

The Iraqi Dinar Daily is fast becoming very popular, it is a fast and fun site with updates three times a day with the latest chatter and blurbs from across the Dinar community.

http://www.theiraqidinardaily.blogspot.com/

Breitling Report: 12/16/2012

Visit The Iraqi Dinar Daily

The Iraqi Dinar Daily is fast becoming very popular, it is a fast and fun site with updates three times a day with the latest chatter and blurbs from across the Dinar community.

http://www.theiraqidinardaily.blogspot.com/

Breitling Report: Take Advantage of This Opportunity NOW! On Sale Friday Through Sunday.

All,

Don’t miss on this great opportunity. The ISXReport is on sale today and this weekend.

Take full advantage of this on

The ISXReport.com is the Gold Standard and the only report created for potential investors wanting to get information on investing in the Iraqi Stock Exchange, the number one performing exchange in the world today,
The Iraq Stock Exchange has about 80 companies listed on the exchange with between 40-60 companies trading, from the beginning of the year 2011 the ISX (Iraq Stock Exchange) Climbed to 40% at the beginning of the year to 65%, representing the largest increase in the exchanges history, and leading the investment world to Iraq’s door with the potential gains already being made on the markets. Can you imagine, what will the gains be when the ISX is on the NADAQ?
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Breitling Report 12/13/2013

Visit The Iraqi Dinar Daily for the latest updates and Blurbs

The Iraqi Dinar Daily is fast becoming very popular, it is a fast and fun site with updates three times a day with the latest chatter and blurbs from across the Dinar community.

http://www.theiraqidinardaily.blogspot.com/

Bartle Bull Discusses Investment Opportunities in Iraq

The Iraqi Dinar Daily

The Iraqi Dinar Daily is fast becoming very popular, it is a fast and fun site with updates three times a day with the latest chatter and blurbs from across the Dinar community.

http://www.theiraqidinardaily.blogspot.com/

Take A look at the Videos I Post, also doing an Interview with LDHL President John Ayling today, will have it up in the morning.

Please any Questions: send to breitlingcurrency@gmail.com I will get to your questions as soon as possible by personal e-mail, blog post or audio "If you Knew you could not fail, what would you try today?" Philippians 4:13

Iraq Stock Market is the Easiest Way to Invest in Iraq, says Rabee Securities

Iraq's Economic Outlook by Mark DeWeaver

The Basics of Bonds

http://www.theiraqidinardaily.blogspot.com/

The Iraqi Dinar Daily is fast becoming very popular, it is a fast and fun site with updates three times a day with the latest chatter and blurbs from across the Dinar community.

http://www.theiraqidinardaily.blogspot.com/

Breitling Report: 12/10/2013

http://www.theiraqidinardaily.blogspot.com/

The Iraqi Dinar Daily is fast becoming very popular, it is a fast and fun site with updates three times a day with the latest chatter and blurbs from across the Dinar community.

http://www.theiraqidinardaily.blogspot.com/

Taking a Look @ Bitcoins

http://www.theiraqidinardaily.blogspot.com/

The Iraqi Dinar Daily is fast becoming very popular, it is a fast and fun site with updates three times a day with the latest chatter and blurbs from across the Dinar community.

http://www.theiraqidinardaily.blogspot.com/

Iraqi Investment Report

The Iraqi Dinar Daily: http://www.theiraqidinardaily.blogspot.com/

The Iraqi Dinar Daily is fast becoming very popular, it is a fast and fun site with updates three times a day with the latest chatter and blurbs from across the Dinar community.

http://www.theiraqidinardaily.blogspot.com/

Breitling Report: Thursday 12/5/2013

The Iraqi Dinar Daily

The Iraqi Dinar Daily is fast becoming very popular, it is a fast and fun site with updates three times a day with the latest chatter and blurbs from across the Dinar community.

http://www.theiraqidinardaily.blogspot.com/

Breitling Report 12/4/2013

The Iraqi Dinar Daily

The Iraqi Dinar Daily is fast becoming very popular, it is a fast and fun site with updates three times a day with the latest chatter and blurbs from across the Dinar community.

 http://www.theiraqidinardaily.blogspot.com/

Breitling Report 12/3/2013

http://www.theiraqidinardaily.blogspot.com/

The Iraqi Dinar Daily is fast becoming very popular, it is a fast and fun site with updates three times a day with the latest chatter and blurbs from across the Dinar community.

 http://www.theiraqidinardaily.blogspot.com/

Breitling Report: 12/2/2013. Also check out the Video below !

New Markets for Old - How Disruptive Demographics Will Transform Business

Demographic Decline: Running Out of Time

The Demographic Transformation of the U.S

Happy Thanksgiving All

Please any Questions: send to breitlingcurrency@gmail.com I will get to your questions as soon as possible by personal e-mail, blog post or audio "If you Knew you could not fail, what would you try today?" Philippians 4:13

Check Out The Iraqi Dinar Daily

The Iraqi Dinar Daily is fast becoming very popular, it is a fast and fun site with updates three times a day with the latest chatter and blurbs from across the Dinar community.

 http://www.theiraqidinardaily.blogspot.com/

Breitling Report: Thursday 11/18/2013

The Iraqi Dinar Daily

The Iraqi Dinar Daily is fast becoming very popular, it is a fast and fun site with updates three times a day with the latest chatter and blurbs from across the Dinar community.

 http://www.theiraqidinardaily.blogspot.com/

Breitling Report: Wednesday 11/27/2013

The Iraqi Dinar Daily

The Iraqi Dinar Daily is fast becoming very popular, it is a fast and fun site with updates three times a day with the latest chatter and blurbs from across the Dinar community.

 http://www.theiraqidinardaily.blogspot.com/

Breitling Report: Tuesday 11/26/2013

The Iraqi Dinar Daily

The Iraqi Dinar Daily is fast becoming very popular, it is a fast and fun site with updates three times a day with the latest chatter and blurbs from across the Dinar community.

 http://www.theiraqidinardaily.blogspot.com/

Breitling Report 11-25-2013

The Iraqi Dinar Daily

The Iraqi Dinar Daily is fast becoming very popular, it is a fast and fun site with updates three times a day with the latest chatter and blurbs from across the Dinar community.

 http://www.theiraqidinardaily.blogspot.com/

Sorry For The Delay

Sorry for the delay in the Audio today all, having a bit of weather and, connection time will not allow the upload, will have it up as soon as possible.

Breitling

Please any Questions: send to breitlingcurrency@gmail.com I will get to your questions as soon as possible by personal e-mail, blog post or audio "If you Knew you could not fail, what would you try today?" Philippians 4:13

The Iraqi Dinar Daily

The Iraqi Dinar Daily is fast becoming very popular, it is a fast and fun site with updates three times a day with the latest chatter and blurbs from across the Dinar community.

 http://www.theiraqidinardaily.blogspot.com/

How Demographics Drive Global Economics - Professor James Sproule

The Iraqi Dinar Daily

The Iraqi Dinar Daily is fast becoming very popular, it is a fast and fun site with updates three times a day with the latest chatter and blurbs from across the Dinar community.

 http://www.theiraqidinardaily.blogspot.com/

What in the World is Going On? A lecture on Recent demographics, economic, and political trends that will affect how America conducts foreign policy in the 21st century.

The Iraqi Dinar Daily

The Iraqi Dinar Daily is fast becoming very popular, it is a fast and fun site with updates three times a day with the latest chatter and blurbs from across the Dinar community.

 http://www.theiraqidinardaily.blogspot.com/

Currency Wars

The Iraqi Dinar Daily

The Iraqi Dinar Daily is fast becoming very popular, it is a fast and fun site with updates three times a day with the latest chatter and blurbs from across the Dinar community.

 http://www.theiraqidinardaily.blogspot.com/

Breitling Report: Monday 11/18/2013

The Iraqi Dinar Daily

The Iraqi Dinar Daily is fast becoming very popular, it is a fast and fun site with updates three times a day with the latest chatter and blurbs from across the Dinar community.

 http://www.theiraqidinardaily.blogspot.com/

Breitling Report Friday 11/15/2013

Please any Questions: send to breitlingcurrency@gmail.com I will get to your questions as soon as possible by personal e-mail, blog post or audio "If you Knew you could not fail, what would you try today?" Philippians 4:13

The Iraqi Dinar Daily

The Iraqi Dinar Daily is fast becoming very popular, it is a fast and fun site with updates three times a day with the latest chatter and blurbs from across the Dinar community.

 http://www.theiraqidinardaily.blogspot.com/

The Iraqi Dinar Daily

The Iraqi Dinar Daily is fast becoming very popular, it is a fast and fun site with updates three times a day with the latest chatter and blurbs from across the Dinar community.

 http://www.theiraqidinardaily.blogspot.com/

Mega Regions, and World Population

Breitling Report Thursday 11/14/2013

The Iraqi Dinar Daily

The Iraqi Dinar Daily is fast becoming very popular, it is a fast and fun site with updates three times a day with the latest chatter and blurbs from across the Dinar community.

 http://www.theiraqidinardaily.blogspot.com/

CBI Governor: Iraq plans to issue bonds in local currency for the first time since the overthrow of Saddam

(Reuters) – Abdul Basit Turki Saeed Iraqi Central Bank Governor on Tuesday that Iraq plans to issue bonds in local currency for the first time since the overthrow of Saddam Hussein, which would allow the country’s new tool of monetary policy.

told Saeed told Reuters on the sidelines of a conference in Geneva that the first issue of bonds is expected to be worth three billion Iraqi dinars ($ 2.58 million). ,

adding that this would be the first time that the issuance of bonds for fiscal policy and not for the purpose of funding. (dollar = 1165.000 Iraqi dinars)

Please any Questions: send to breitlingcurrency@gmail.com I will get to your questions as soon as possible by personal e-mail, blog post or audio "If you Knew you could not fail, what would you try today?" Philippians 4:13

Breitling Report Wednesday 11/13/2013

The Iraqi Dinar Daily

The Iraqi Dinar Daily is fast becoming very popular, it is a fast and fun site with updates three times a day with the latest chatter and blurbs from across the Dinar community.

 http://www.theiraqidinardaily.blogspot.com/

HISTORY OF THE “NEW IRAQI DINAR”

HISTORY OF THE “NEW IRAQI DINAR”

“How shipping tons of U.S. currency to Iraq remade its economy—and was roundly criticized all the same. Good decision, bad press.” – By John B. Taylor

In February, the House Committee on Oversight and Government Reform held a hearing that criticized the decision to ship U.S. currency into Iraq just after Saddam Hussein’s government fell. As the committee’s chairman, Henry Waxman (D-California), put it in his opening statement, “Who in their right mind would send 360 tons of cash into a war zone?” His criticism attracted wide attention, feeding antiwar sentiment and even providing material for comedians. But a careful investigation of the facts behind the currency shipment paints a far different picture.

The currency that was shipped into Iraq in the days after the fall of Saddam Hussein’s government was part of a successful financial operation that had been carefully planned months before the invasion. Its aims were to prevent a financial collapse in Iraq, put the financial system on a firm footing, and pave the way for a new Iraqi currency. Contrary to the criticism that such currency shipments were ill advised or poorly monitored, this financial plan was carried out with precision and was a complete success.

The plan, which had two stages, was designed to work in Iraq’s cash economy, in which checks or electronic funds transfers were virtually unknown and shipments of tons of cash were commonplace. In the first stage, the United States would pay Iraqi government employees and pensioners in American dollars. These were obtained from Saddam Hussein’s accounts in American banks, which were frozen after he attacked Kuwait in 1990 and amounted to about $1.7 billion. Because the dollar is a strong and reliable currency, bringing in dollars would create financial stability until a new Iraqi governing body could be established and design a new currency. The second stage of the plan was to print a new Iraqi currency for which Iraqis could exchange their old dinars.

One of the most successful and carefully planned operations of the war has been held up to criticism and ridicule.

The final details of the plan were reviewed in the White House Situation Room by President Bush and the National Security Council on March 12, 2003. I attended that meeting. Treasury Secretary John Snow opened the presentation with a series of slides. “As soon as control over the Iraqi government is established,” the first slide read, we plan to “use United States dollars to pay civil servants and pensioners. Later, depending on the situation on the ground, we would decide about the new currency.” Another slide indicated that we could ship $100 million in small denominations to Baghdad on one week’s notice. President Bush approved the plan with the understanding that we would review the options for a new Iraqi currency later, when we knew the situation on the ground.

To carry out the first stage of the plan, President Bush issued an executive order on March 20, 2003, instructing U.S. banks to relinquish Saddam’s frozen dollars. From that money, 237.3 tons in $1, $5, $10, and $20 bills were sent to Iraq. During April, U.S. Treasury officials in Baghdad worked with the military and Iraqi Finance Ministry officials—who had painstakingly kept the payroll records despite the looting of the ministry—to make sure the right people were paid. The Iraqis extensively documented each recipient of a pension or paycheck. Treasury officials who watched over the payment process in Baghdad in those first few weeks reported a culture of good record keeping.

On April 29, Jay Garner, the retired lieutenant general who headed the reconstruction effort in Iraq at the time, reported to Washington that the payments had lifted the mood of people in Baghdad during those first few confusing days. Even more important, a collapse of the financial system was avoided.

This success paved the way for the second stage of the plan. In only a few months, 27 planeloads (in Boeing 747 jumbo jets) of new Iraqi currency were flown into Iraq from seven printing plants around the world. Armed convoys delivered the currency to 240 sites around the country. From there, it was distributed to 25 million Iraqis in exchange for their old dinars, which were then dyed, collected into trucks, shipped to incinerators, and burned or simply buried.

The new currency proved very popular. It provided a sound underpinning for the financial system and remains strong, appreciating against the dollar even in the past few months. Hence, the second part of the currency plan was also a success.

The story of the currency plan is one of several that involved large sums of cash. For example, just before the war, Saddam stole $1 billion from the Iraqi central bank. American soldiers found that Iraqi money in his palaces and shipped it to a base in Kuwait, where the U.S. Army’s 336th Finance Command kept it safe. To avoid any appearance of wrongdoing, American soldiers in Kuwait wore pocket less shorts and T-shirts whenever they counted the Iraqi money.

A 2003 presidential order instructed U.S. banks to hand over Saddam Hussein’s frozen dollars. From that money, 237.3 tons in $1, $5, $10, and $20 bills was shipped to Iraq. Later, U.S. forces used the found cash to build schools and hospitals, and to repair roads and bridges. General David Petraeus has described these projects as more successful than the broader reconstruction effort. But that wasn’t the only source of dollars. Because the new Iraqi dinar was so popular, the central bank bought billions of U.S. dollars to keep the dinar from appreciating too much. As a result, billions in cash accumulated in the vaults of the central bank. Later, with American help, the Iraqi central bank deposited these billions at the New York Federal Reserve Bank, where they could earn interest.

Finally, when Iraq started to earn dollars selling oil, the United States transferred the cash revenue to the Finance Ministry, where it was used to finance government operations, including salaries and reconstruction. Many of these transfers occurred in 2004, long after the financial stabilization operation had concluded. Iraqi Finance Ministry officials had already demonstrated that they were serious about keeping the controls they had in place. The 360 tons mentioned by Henry Waxman includes these transfers as well as the 237.3 tons shipped in 2003 during the stabilization.

The new Iraqi currency proved to be very popular. It gave a sound underpinning to the financial system and remains strong. One of the most successful and carefully planned operations of the war has been held up for criticism and even ridicule. As these facts show, praise rather than ridicule is appropriate: praise for the brave experts in the U.S. Treasury who went to Iraq in April 2003 and established a working Finance Ministry and central bank, praise for the Iraqis in the Finance Ministry who carefully preserved payment records in the face of looting, praise for the American soldiers in the 336th Finance Command who safeguarded the found money, and, yes, even praise for planning and follow-through back in the United States.

This essay appeared in the New York Times on February 27, 2007. Available from the Hoover Press is Strategic Foreign Assistance: Civil Society in International Security, by A. Lawrence Chickering, Isobel Coleman, P. Edward Haley, and Emily Vargas-Baron.

To order, call 800.935.2882 or visit www.hooverpress.org.

John B. Taylor is the Bowen H. and Janice Arthur McCoy Senior Fellow at the Hoover Institution and the Mary and Robert Raymond Professor of Economics at Stanford University. He was previously the director of the Stanford Institute for Economic Policy Research and was founding director of Stanford’s Introductory Economics Center.

He has a long and distinguished record of public service. Among other roles, he served as a member of the President’s Council of Economic Advisors from 1989 to 1991 and as Under Secretary of the Treasury for International Affairs from 2001 to 2005.

He is currently a member of the California Governor’s Council of Economic Advisors.

History of the Iraqi Dinar

The Iraqi Dinar Daily

The Iraqi Dinar Daily is fast becoming very popular, it is a fast and fun site with updates three times a day with the latest chatter and blurbs from across the Dinar community.

 http://www.theiraqidinardaily.blogspot.com/

Breiitling Report Monday 11/11/2013

The Iraqi Dinar Daily

The Iraqi Dinar Daily is fast becoming very popular, it is a fast and fun site with updates three times a day with the latest chatter and blurbs from across the Dinar community.

 http://www.theiraqidinardaily.blogspot.com/

Watch and Pay Attention

The Iraqi Dinar Daily

The Iraqi Dinar Daily

The Iraqi Dinar Daily is fast becoming very popular, it is a fast and fun site with updates three times a day with the latest chatter and blurbs from across the Dinar community.

 http://www.theiraqidinardaily.blogspot.com/

Breitling Report Thursday 11/7/2013

The Iraqi Dinar Daily

The Iraqi Dinar Daily is fast becoming very popular, it is a fast and fun site with updates three times a day with the latest chatter and blurbs from across the Dinar community.

 http://www.theiraqidinardaily.blogspot.com/

Breitling Report 11/6/2013

check out the latest blurbs The Iraqi Dinar Daily

http://www.theiraqidinardaily.blogspot.com/

Today's Articles

Finance Committee calls on the Government to adopt an economic plan for sustainable development in the country

Iraqi parliament voted to ratify election law

Banking expert Basel banking standards should apply in Iraq to improve performance and adopt international standards

Iraq 2014 Election News: Iraq VP sets parliamentary polls for April 30, 2014

Breitling Report 11/5/2013

The Iraqi Journal.com

Specialists: Iraq lacks a clear economic policy and economic reform legislation is needed

Parliament continues its debate on election law

Iraq participates in 3rd round of WTO negotiations as a prelude to accession to the World Trade Organization (WTO)

Parliament continues its debate on election law

Breitling Report: Monday 11/4/2013

Safe haven: Iraq Stock Exchange to support the economy

Posted by Iraq News Journal on Oct 26, 2013 | Leave a Comment

 http://theiraqijournal.com/23-05-2013-1102-am-baghdad-newsletter-financial-expert-called-on-behalf-of-hadi-al-tamimi-the-need-to-legislate-a-new-law-on-securities-market-regulation-stressing-the-importance-of-access-to-t/

TheIraqiDinarDaily.blogspot.com

http://www.theiraqidinardaily.blogspot.com/

CBI: CH VII will give Iraq freedom to attract investment. US Development Agency: Iraq qualified to be economically strong state

Breitling Report 11/1/2013

TheIraqiDinarDaily.blogspot.com CBI Blurb

10-29-2013 Committee member

When Iraq becomes full member of WTO it bring access to world markets, experience, and support the economy, says economic committee member  

http://www.theiraqidinardaily.blogspot.com/2013/10/20-29-2013-committee-member.html

http://www.theiraqidinardaily.blogspot.com/

Best News at TheIraqjournal.com

 The Iraqi Journal

The Iraq Journal.com is the best site for the news we are looking for by far, 90% of the information I get is looking it up on the TheIraqjournal.com

They have the highest quality articles, in the best format. Also they cover Current News, Iraq stock Exchange, The Central Bank of Iraq, Policies and Law. If you are serious about this investment and want the best quality information you can get, then use The Iraqi Journal.com  like I do, and get the latest and Current News that has to do with our Investments 

http://theiraqijournal.com/

Breitling Report Thursday 10/31/2013

Check Out The Iraqi Journal.com

 The Iraqi Journal

The Iraq Journal.com is the best site for the news we are looking for by far, 90% of the information I get is looking it up on the TheIraqjournal.com

They have the highest quality articles, in the best format. Also they cover Current News, Iraq stock Exchange, The Central Bank of Iraq, Policies and Law. If you are serious about this investment and want the best quality information you can get, then use The Iraqi Journal.com  like I do, and get the latest and Current News that has to do with our Investments  

http://theiraqijournal.com/

Breitling Report: Wednesday 10-30-2013

The Iraqi Journal http://theiraqijournal.com/

Wanted to introduce to you all the The Iraqi Journal

The Iraq Journal.com is the best site for the news we are looking for by far, 90% of the information I get is looking it up on the TheIraqjournal.com

They have the highest quality articles, in the best format. Also they cover Current News, Iraq stock Exchange, The Central Bank of Iraq, Policies and Law. If you are serious about this investment and want the best quality information you can get, then use The Iraqi Journal.com  like I do, and get the latest and Current News that has to do with our Investments        

http://www.theiraqidinardaily.blogspot.com/

I mentioned this in  Mondays Audio, The Guys I look for on the http://www.theiraqidinardaily.blogspot.com/

are Lan, Hawk, Crow, Knight. also the articles and blurbs from heads of state in Iraq. it is a gold mine of quotes and blurbs from the very best, also very fun and addictive. 

     

Breitling Report Tuesday 10-29-2013

Breitling Report: Monday 10/28/2013

Please any Questions: send to breitlingcurrency@gmail.com I will get to your questions as soon as possible by personal e-mail, blog post or audio "If you Knew you could not fail, what would you try today?" Philippians 4:13

CBI plans to withdraw damaged currency, replace with higher quality notes

CBI plans to withdraw damaged currency, replace with higher quality notes

Grumbled a large number of citizens across the country from the growing phenomenon of damage and rupture of small groups of paper currency, with thecentral bank announced a plan for the withdrawal of banknotes damaged and replaced with new ones.

Observers said: “The problem of damage and rupture of the categories of banknotes 250, 500, 1,000 dinars worsened significantly within the past few months and that most of the current banknotes of these categories damaged and torn, which can cause sometimes often Baharajat and problems.”

And said the deputy governor of the Iraqi Central Bank Zuhair Ali Akbar: “The government banks in the provinces did not stop the withdrawal of currency damaged from circulation, however, put an ambitious plan to print the categories of alternative techniques of high quality,” adding that “the categories that will replace the damaged printed on paper better than the paper used in the printing of banknotes to neighboring countries. “

The banknotes circulating in Iraq printed in the United Kingdom by a British company, is gaining all denominations leafy current specification much better than the specifications of those that were in circulation until 2004, it was printed during the nineties in China and Iraq on paper lousy and specifications easy to counterfeit.

I watch this site on a daily basis I am addicted to this blog, and I am sure you guys will be also.

http://www.theiraqidinardaily.blogspot.com/

Breitling Report: Friday 10/25/2013

Please any Questions: send to breitlingcurrency@gmail.com I will get to your questions as soon as possible by personal e-mail, blog post or audio "If you Knew you could not fail, what would you try today?" Philippians 4:13

Economist calls on CBI to adopt oil and gas instead of gold and USD currency reserves

Economist calls on CBI to adopt oil and gas instead of gold and USD currency reserves

Economist calls for the adoption of the oil and gas reserve of the Central Bank economist

May 11, 2013, 1:43 pm
Economic expert called on behalf of Jamil , on Saturday, the central bank to adopt oil and gas in the reserves instead of gold and the dollar, stressing that the value of oil exports during the year is twice as all the gold reserves in the country.

Said Antoine told him the reporter, “news agency Iraqis,” that: “reserves the central bank alone is not enough to maintain the stability of the Iraqi economy, where you must rely on reserve economist is the stock of oil and gas, because the reserves the central bank money and gold is not equal to the export of oil to one year . “

Noting that: “Reserve the main possible to protect Iraq’s economy is the stock of oil and gas in the ground,” and explained that “the statistics of the Ministry of Oil indicate that the oil reserves reached about 150 billion barrels and 19 billion m3 of gas, up to the month of February of the year Current. “

Checkout

http://www.theiraqidinardaily.blogspot.com/

Breitling Report: Thursday 10/24/2013

You guys I am uploading the audio now, my up-load is slow as molasses today, will be up shortly

Check out http://www.theiraqidinardaily.blogspot.com/

I am permanently on this site all day long very addicting, especially love to see the blurbs from Iraqi officials .

 

Theiraqidinardaily.blogspot.com

http://www.theiraqidinardaily.blogspot.com/

“The most addicting site in the Dinar world, you guys will love this, I am on this site 24 Hours a day, any information or comments or blurbs about the Iraqi Dinar, it is post in real time.”

Breitling

  http://www.theiraqidinardaily.blogspot.com/

“Strengthen Iraqi Dinar and make it acceptable internationally, not just local”, says banking expert

“Strengthen Iraqi Dinar and make it acceptable internationally, not just local”, says banking expert

Suri calls to strengthen the Iraqi dinar and turn it into a currency is possible to deal internationally

October 22, 2013

Called banking expert Majid picture, today, to strengthen the Iraqi dinar and turn it into a currency is possible to deal at the international level, not just local.

He said the picture: that local الضروف and international inappropriate disengagement of the Iraqi dinar to the U.S. dollar, ruling out the success of the disengagement of the Iraqi dinar to the dollar being tied to the global system and the development of local industries and agriculture, then the right conditions will be available disengagement dinar to the dollar.

He stressed: the need to find a new global monetary system instituting various currencies, which Maysay him the International Monetary Fund and the World Bank and the Organization of the century in order to create economic stability of the global monetary.

He called Economic Information Center, the government need to work on the disengagement of the Iraqi dinar to the dollar, indicating that the current data do not indicate seriously special programs to find alternatives to the parallel development of the oil.

The Breitling Report: Wednesday 10/23/2013

Please any Questions: send to breitlingcurrency@gmail.com I will get to your questions as soon as possible by personal e-mail, blog post or audio "If you Knew you could not fail, what would you try today?" Philippians 4:13

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Breitling           

The Breitling Report: Tuesday 10/22/2013

Please any Questions: send to breitlingcurrency@gmail.com I will get to your questions as soon as possible by personal e-mail, blog post or audio "If you Knew you could not fail, what would you try today?" Philippians 4:13

Shabibi's Talk

… Sinan Shabibi Mohammad Reza

The objective basis for the central bank is working to achieve stability in the domestic prices and foreign currency exchange rate, not the distribution of money to the merchants by their banks as imagined by many who gave the impression that the so-called auction is a business process and not monetary policy.
That the stability of prices, state, simply requires that corresponds to supply all the demand in the area of foreign currency that corresponds to the supply of foreign currency each demand Alihaovi light that achieved a certain exchange rate can be changed depending on the circumstances of inflation mainly.
This means that he must satisfy the demand for foreign currency in full (after confirming that the central bank received the martyrdom of banks around the free operations of money laundering and that there was no wrongdoing banking prevent the bank concerned from entering the auction of foreign currency) and meet the demand in full will prevent the creation of other market exchange and thus ensure the stability of the exchange rate and lack of pluralism.

This style any satiate demand and مايعنيه the flow of currency to Aantoa to smuggle or wastage of the coin as he Aandrj within negligence because he basically has been exchanged for dinar and he insatiable demand. The ability that we have to satisfy all the demand derived from the reserve great we have built in the Central Bank over the years. Without this reserve we had to reduce the dinar exchange rate and change constantly and thus loses the exchange rate stability.

request may be some very large banks, the result of large deposits of Iraqi dinars. We assume that the lack of an interview this demand will create a jolt in prices and create market last Therefore, the information about the details of this request must be submitted after the lead mission in a market or currency auction to the circle of money laundering, which must pursue this issue seriously.

That the large size of the reserve has given us sufficient flexibility to use monetary policy to fight inflation, which had reached about 50% in 2004, we started to raise the dinar against the dollar in the year to encourage outflows Kalastairadat and others and thus less pressure on the domestic market at the same time we raised interest rates even move money to the financial market of the real market.

 So the reserve is that ensures Astaqrarsar the exchange therefore should not be disposed to these purposes.
As we mentioned, the central bank is keen to take place to meet the demand for foreign currency in full and stabilize the exchange rate. If we do not do that and we sold less than the demand will rise the price of the dollar in the market and this is incompatible with our monetary policy, but some may satisfy that sell “or waste” would be less. But certainly we will take the correct action that achieves the goal of monetary policy and stability.

As we have stated that the case for the central bank is to replace Iraqi currency foreign currency could be used in various purposes. As for the actual import, it is to Aiga within the responsibility of the central bank and I do not think that there is a central bank in the world handles the import of goods!
that the central bank meets the demand for the dollar for the purpose of price stability, which is working on the application of the first goal of the central bank. That the central bank’s employees find themselves in front of a problem If keen to meet the demand for their disposal this might be interpreted as a type of waste and if يقابلوا not demand the price سيختل and are breaking the law, what is the solution? For the central bank, the solution is to follow the dictates of its law and applications of monetary policy.
said the auction process and mechanism begins to withdraw the Iraqi currency and ease pressure on the market and is being done through swap cash dinars dollar and as we mentioned earlier that the central bank by market or Commission auction does not follow the dollar When leaving the bank, but the money laundering department administratively independent is that you must follow-up to this especially as it has close ties with money laundering departments in other countries and neighboring countries. And the dollar when he leaves the bank does not finance commercial operations only, but is used to finance all international payments within the so-called balance of payments, which depicts all international economic relations of Iraq with the world كالدفع for services and return of investment operations abroad.

no doubt that many demands on foreign currency related to import and Bank Central sends a copy of the Request importers to the sector or to the Ministry of Commerce to continue to reach the final figure for imports, which codifies in the Iraqi customs department. Thus, as we mentioned, the work of the central bank monetary end to give the dollar, but the result follows the development of imports from the relevant departments to their importance in the balance of payments prepared by the Central Bank.
This staff have the Central Bank in accordance with Article 23 of the Law on the Central Bank shall be immune from legal proceedings just like banks the world’s respected central bank compensates the employee for any legal costs. This immunity derived from the importance of the work of central banks, seriousness and dealing Balamd direct and short-and the fact that these banks are the lender in case of crises to banks, or so-called Bmkarz last resort and that helps to save the economic situation.

, the Bank now sell large quantities ranging from 200 to 300 per day It is beyond the McCann sell the bank in the period of the previous administration. Why it clear that as a result of deliberate neglect?. The viable solution to the issue of the auction is the application of the statement No. 19 issued on 1/10/2012, which resulted in stability in the exchange rate as the total price 1196 dinars to the dollar.
said the central bank allowed at the present time for the banks that contribute with the Central Bank in determining the exchange rate and also allowed to increase cash in Kberuchtorh this situation comes from the difficulty of follow-up and thus uses, from the circles of money laundering.
did not neglect the management of the Central Bank of the previous issue of money laundering All requests for transfer from the banks go copy them to the Department of money laundering directly and this circuit is that you must follow Under the Money Laundering Act in force for 2004 (Article 12, paragraph 4), which states that (if you doubt the Office “Office intelligence money laundering,” complained reasonable in that the transaction was made ​​or initiated involving money derived from illegal activities or money laundering or funds intended to be used in the financing of crime or money owns them a criminal organization right Iisrv, or terrorist financing, or that the transaction intended in any other service illegal purpose, shall promptly notify the authority of the prosecution and investigation authorities)
have asked the bank’s management earlier than Director of anti-money laundering at the bank on 24 August 2012 report on suspected cases have been اجابنا manager in a timely manner (Khalid Cltag) the existence of three cases only, but these cases have been discovered in the era of the manager who preceded and has been referred to the Committee on fines in the bank to study and impose fines on them, meaning it was action. This means that the Office of Anti-Money Laundering, chaired by Mr. Cltag no point did not raise to the top management of any case or issue where suspicion of laundering money or financing of terrorism during the two years he spent this manager in the management of the office.

either with regard to the report of the Office of Financial Supervision issued on 25/9 / 2012, it did not reach any conclusion about the waste of public money, but between he is not reassuring mechanisms auction of foreign currency, despite that there were companies auditing other international scrutinizes the work of the bank accounts, such as
Ernst and Young and KPMG

have I mentioned these companies are some observations audit were discussed and settled uneventfully with the relevant departments in the bank.
Court has also said that imports were not only a small percentage of the amount granted. We must show that this is not about the central bank because monetary institution, not a commercial. Meaning it is within the principles of the central bank, the waste must be set within the policy and monetary operations of any in the process of transforming the Iraqi currency into foreign currency and in the process of determining the exchange rate and not within the business processes (the central bank deals Besarfah dinar to the dollar and not Besarfah dinar to goods and goods). The Secretariat functional require the current administration to explain these basic facts to those relevant it is not justice that punished employees because there was no importation. Valastirad (which trade policy, not cash) ever recorded by other entities and not the central bank.

that monetary policy is a process of economic, not process legal or business so they bear a lot of interpretations and opinions about the impact of developments and trends in the economy, especially inflation and rising prices. We would like to point out here that the Financial Services Tribunal and approved within the Central Bank Law confirmed the lack of competence to issues of monetary policy and foreign exchange policies (see Section XII of the Law of the Central Bank, the Financial Services Tribunal Article 63, paragraph 4). To satisfy the demand for foreign currency in full is a prerequisite for the stability of the exchange rate and confirm our commitment to the law of the bank.
Have Ancba every demand and therefore (to Anadr) of public money but are likely to be محاسبتنا not to achieve stability in the price and market.

said the central bank should focus on preventing parallel market for the currency or multiple markets. that the multiplicity of exchange rates is contrary to the Central Bank Law because it is inconsistent with the stability of domestic prices. The difference between the bank rate and the market price should not exceed 2%, according to the Convention on the International Monetary Fund and signed by Iraq in 1945.
this we can deduce the conclusion that when the central bank swap dinar بالدولاراو sell the dollar and freely as is the case in Iraq, the central bank takes Iraqi currency fully covered by foreign currency reserves, according to the balance sheet of the bank, why analysts consider that the dinar has a value less or is less than the dollar affair.
If dinar was covered with 100% foreign currency and enjoy the stability of long-term and there is a central bank watching closely all developments and maintains the stability and addresses variability, this dinar be كالعملة difficult meaning it when we sell the dollar we receive something matched in strength (where waste then?).

We maintain monetary stability through the float of the dinar in the market mainly with monitoring for the purpose of his administration as needed so that it serves the Iraqi economy, so we follow the orbit and flotation system because of the large reserves around this flotation to stabilize the situation. We have to be in front of the waste if it does not receive when we sell Iraqi currency dollar.
There is no doubt that we are going waste and low currency dinar if it relates to the dollar stable though there were not watching monetary policy developments, this will lead to the decline of the dinar and therefore are going to need more dinars to buy the same amount of the dollar, which will lead to the kind of loss or wastage. Therefore, the central bank is keen to keep the relationship free from fluctuations with the dollar whenever possible as he is keen to reduce the difference between the official price and the market price, which as mentioned should not exceed 2%.

We have succeeded in maintaining the purchasing power of the dinar and stability in spite of the problems of political stability and inefficient implementation of the government investment budget. When you confront this implementation is efficient For monetary policy to address it and restore economic stability, which will be reflected undoubtedly the combination and the severity of monetary policy and the efficient implementation of the curriculum investment.

former special day war and the siege there was no stability of cash due to release cash uncontrolled and therefore were not there currency stable dinar was always very low commodity for foreign currency. However, after the application of the new policy after 2003 has the situation differed radically and became our goal to maintain the stability of the currency and the continued penetration into the world through the dollar.


This scored, and we insist on its lifetime and it was the style of the auction or sale and purchase of foreign currency cash of the most important policies in this area. We also did not waste public money because we sold and received $ dinars suit sober and stable and can be converted value to the dollar at any time and without difficulty. 

But, of course, we will continue to need to work on economic stability achieved through central bank policies (not just the auction of foreign currency) to spend a year characterized by its efficiency and productivity. No we will continue to need to coordinate between the government and the central bank.
either spend the dollar and the use of import for example, this is an issue for اتتعلق Central Bank or committees auction it where it should being pursued by the Department of Anti-Money Laundering and that is in spite of their subordination to the bank, it independent operationally and has its own law .



Please any Questions: send to breitlingcurrency@gmail.com I will get to your questions as soon as possible by personal e-mail, blog post or audio "If you Knew you could not fail, what would you try today?" Philippians 4:13

The blog I talked about in Monday's Audio

http://www.theiraqidinardaily.blogspot.com/

Breitling Report: Monday 10/21/2013

Please any Questions: send to breitlingcurrency@gmail.com I will get to your questions as soon as possible by personal e-mail, blog post or audio "If you Knew you could not fail, what would you try today?" Philippians 4:13

Breitling Report: Sunday 10/20/2013

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Breitling Report: Friday 10/18/2013

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Breitling Report : Thursday 10/17/2013

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Breitling Report: Wednesday 10/16/2013

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Breitling Report: Tuesday Second Audio

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Breitling Report: Tuesday 10/15/2013

Please any Questions: send to breitlingcurrency@gmail.com I will get to your questions as soon as possible by personal e-mail, blog post or audio "If you Knew you could not fail, what would you try today?" Phillippians 4:13