As I told You on Your CC last night Family ........ The Kurds were invited to Baghdad's pajama stay over party ......... Last night.
Also told what they are doing at such party.
Now here is what we find fascinating as of today.
They are actually willing telling You many MR (Monetary Reform) things RIGHT NOW !!!
(See Article Below)
It not like they planned to share today what they do for the CITIZENS ........... It's just NOW working out that way.
It is of our learned opinion that the reason they now pay inside of the country to their CITIZENS is because they have already set the stage to pay outside with a new exchange rate.
The mechanisms to do so have been set up this year.
They do MR steps in back and now ............ IN FRONT OF US.
May God continue to Bless .......... Us all ...... Amen.
Aloha Family .... KTFA, Frank
Conflicting news about Barzani's visit to Baghdad today for the implementation of the oil agreement
Nov 19 2014 wed eight thirteen a.m. | (Voice of Iraq) - Baghdad: Hamza Mustafa Arbil: Dilshad Abdullah with informed sources confirmed that the expected visit of the delegation headed by Kurdish KRG President Barzani will begin today to Baghdad, Kurdish sources close to the Prime denied Government of the Territory do Barzani this visit soon.
She Baghdad to Kurdish sources, in a press statement yesterday, said that «a Kurdish delegation headed by President of the Region Government Barzani will visit Baghdad Wednesday to discuss the outstanding problems between the center and the Kurdistan», indicating that «the delegation includes both financial and Minister for Territorial Buys Talabani, and the Minister of natural resources and wealth in Kurdistan, Ashti Hawrami, and the President of the Presidium of the Kurdistan region, Fouad Hussein, a spokesman for the Government of the Territory Sven de partial, and a number of other officials in the region ».
The source added that «due to the Kurdish delegation will meet with Prime Minister Haider al-Abadi and other officials to reach a final agreement after an agreement in principle to resolve all the problems between the two parties, including the export of oil and the budget».
For his part, stressed member of the Iraqi parliament from the Kurdistan Alliance bloc Abdul Aziz Hassan, in told «Middle East», that «this visit was planned before, but failure to reach a real agreement or lack of good intentions in the past to discuss the outstanding problems was postponed this visit, because the results were known in advance».
Hassan added that «it differed now where available to the parties (the Government of the province and the federal government) a real will to find solutions to the crises and problems outstanding solutions, which is manifested in the oil minister, Adel Abdul-Mahdi Initiative», pointing out that «the current stage we are going through and passes by the requirements of Everyone, that is the existence of a common dangers, including the threat of terrorism and economic problems that can result from a reduction in oil prices, probably provided the right atmosphere to achieve real progress in this area. »
Hassan explained that «visit Barzani in Baghdad today, and the nature of his entourage, will be important to develop this agreement as practical, as well as to discuss the outstanding issues that will be all on the dialogue between the parties to the table, with the focus of these discussions will be on the oil View », indicating that« the progress in this file will be a real key to find solutions for the remaining issues outstanding, which we all hope to be resolved even go all the construction and investment stage ».
In the same vein, counting a member of the Oil and Energy Committee in the Iraqi parliament and former oil minister Ibrahim Bahr al-Ulum, told «Middle East», that «This agreement is part of the document the political agreement which was signed in the eighth month of September (September)
the past when the government won the confidence, and therefore it is natural that this document will enter into force in the context of the practical dimension, so it came Adel Abdul-Mahdi Initiative oil minister to paint a real framework of this agreement as that been out and that will be enhanced through the visit of a delegation to the Government of the Territory of Baghdad. »
And across the Bahr al-Ulum hoped that «contributes to this agreement in finding a suitable ground to resolve outstanding and inherited political problems so as not to repeat such crises and problems in the future, so that the government and with the support everyone is able to implement its program for the next four years».
In turn, Hoshyar Abdullah, Head said block Kurdish change in the Iraqi Council of Representatives, in an interview for the «Middle East», that «the Erbil agreement between the Federal Government and the Government of the Territory entered into force, so the delegation Territory Government will discuss during his visit to Baghdad two main axes, namely search all outstanding problems between the two parties, and the completion of the initial agreement they signed in Erbil last week, and how to develop it, and the advancement of the Iraqi economy, and the issue of oil and lower prices in the global markets ».
For his part, Arafat Karam said, MP for the Kurdistan Democratic Party, told «Middle East», that «the visiting President of the Government Baghdad to the region, will visit historical critical, to make sure that there is an intention of Baghdad to address the problems between the two sides. In contrast, the Iraqi government now seems to have the intention to address these problems with the region, especially in the oil and gas and the Peshmerga issues, so arrive at a common solution, but this needs some time ».
But hilarious essence, a member of the Committee on Relations in the Parliament of Kurdistan, denied the news of Delegation region to Baghdad Wednesday, said in a statement to «Middle East» yesterday that «the region delegation's visit to Baghdad linked to the arrival of the financial advance agreed upon by the two parties last week (half a billion dollars), and yet this advance did not reach the central bank in Kurdistan, and we waiting for, and this advance did not reach the delegation was not currently fly to Baghdad,
because the Parliament of Kurdistan committed President of the Region Government Barzani not to go to Baghdad, but after the recent send the agreed financial advance with the Kurdistan to Erbil ». He was minister of the Kurdistan region Council Secretary Amanj Rahim, has said for «Roudao News Network», close to the head of the territorial Government, that «Barzani President of the Region Government will not visit Baghdad soon, and there is no specific date for this visit.» Middle East
songongwolf (From My Ladies):
THE DINAR HAS A VALUE IN THE COUNTRY TO THE CITIZENS, IT IS ONLY WHEN THEY LEAVE THE BORDERS OF IRAQ THAT THE DINAR HAS NO VALUE.
WHEN WE SPEAK OF THE DINAR REVALUING WE ARE SPEAKING OF THE INTERNATIONAL EXCHANGE RATE. THAT IS COMPLETELY DIFFERENT THAN THE VALUE OF THE DINAR INSIDE IRAQ.
THEY WILL NOT BE PAID AN INTERNATIONAL EXCHANGE RATE INSIDE THE COUNTRY. IN THE COUNTRY OF IRAQ A DINAR IS A DINAR IS A DINAR.
THE SAME AS HERE IN THE USA, A DOLLAR IS A DOLLAR IS DOLLAR, BUT WHEN WE TAKE IT OUTSIDE THE USA AND EXCHANGE IT FOR ANOTHER CURRENCY IT HAS A VALUE MUCH LESS THAN $1.00."
Since you brought up inside vs outside Iraq...
Question for My Ladies.....if you would be so kind.
An American has an Iraqi bank account with 1 million digital dinar. What happens to that account if the Dinar RV's at
1 IQD = 1 USD? How much is now in the account after the RV? $1000.......$1million USD
Hello Singing Wolf:
One dinar will always and forever be one dinar in Iraq or anywhere else in the world.
One dollar will always and forever be one dollar in the USA or anywhere else in the world.
When you exchange one dinar to any other currency, the value of that dinar is how much of that other currency you can buy at that time.
When you exchange one dollar to any other currency, the value of that dollar is how much of that other currency you can buy at that time.
Perhaps it's easier to stop thinking in terms of "exchange rate" and think of it as "purchase power." If you have 1 dinar, how many dollars can you buy with 1 dinar? If you have 1 dinar, how many Euros can you buy with 1 dinar? As of today, with one dinar, you can buy 0.00084 US dollars, or 0.00068 Euros.
In your question above, 1 million dinars will never, ever be anything except 1 million dinars in your bank account in Iraq. The only time it can be anything different is when you take some of those dinars and "buy" (exchange) it for another currency.
May God bless you abundantly today.