(Red Lily post)
7:26 PM [preciousdog] [sabana] Bear I just sent it to you and for everyone else here is the article re revaluation of the Kuwait dinar nytimes.com/1 ••• nks.html
7:27 PM [preciousdog] [bear5642] it will not be stopped
7:34 PM [preciousdog] [sabana] I would like to point out that within the last 24 hours there have been many articles on increasing the value of the dinar. I just sent bear a killer article
7:35 PM [preciousdog] [bear5642] it is awesome this thing is going down sabana
7:41 PM [preciousdog] [bear5642] And the effect on inflation this measure Sumaisem explained that this measure has to do with the reduction of inflation in Iraq, that if the improvement rate of the dinar and raised the zeros from the currency will be easy to absorb the inflation part of the restructuring of the economy as a whole in addition to the re-evaluation of the Iraqi dinar. A member of the Committee of Economy and Investment parliamentary Abdul Hussein Abtan "It is certain that Iraq is able to adopt the dinar as part of international reserves, especially that he has a big supplier in the field of oil and more than (80 to 90) billion in Central Bank
7:41 PM [preciousdog] eserves and this affects positively on the Iraqi currency against the dollar and makes the dinar as its currency position as was previously the global currency. " Alabtan called the Central Bank to improve the status of the dinar against the dollar, and (1200) dinars to the dollar is not the right thing. For his part, said the central bank increase its reserves of hard currency to the $ 58 billion, attributing the increased demand for foreign currencies by the Iraqi banks and the lack of offers to rent the economy of Iraq.
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7:41 PM [preciousdog] [bear5642] She's Sumaisem (citizen) that he is supposed to drop the price to equal the dollar more than the Iraqi dinar after deleting three zeros from the currency and thus we have achieved two goals of this procedure, first raise the value of the dinar against the dollar and the second is the restructuring of the Iraqi currency. Confirmed that the current exchange rate flexibility has to do with the market and the volume of loans and the volume of foreign remittances and bills of exchange rate discount in addition to the political orientation of the state.
7:45 PM [preciousdog] [bear5642] i believe that all of these articles gice us a clear understanding that iraq is revaluing the iqd [bear5642] they have revaled their itentions to the world
7:46 PM [preciousdog] bear5642] THEY HAVE REVALED THEIR ITENTIONS TO THE WORLD [.katt] He Khalil, MP for the Kurdish coalition, said that "a promising future awaits the new Iraqi dinar, which will be the strongest currency in the Middle East, particularly that Iraq will have in the next few years, balance the fantasy depends on imports of oil could reach 6 million barrels every day ".. He continued by saying "as well as gas revenues and income of industrial, agricultural and religious tourism, along with the experience and capabilities and the bright minds of Iraq." [sabana] All you future millionaires need to brush up on your reading skills
7:48 PM [preciousdog] [.katt] He believed that "the Iraqi Central Bank has a real strategy about the deletion of zeros from the Iraqi currency, and we trust those who hold it to have the experience of banking and economic outlook contributed and contributes to maintaining the balance of the sovereign of the Iraqi dinar and the holdings of the Iraqi people" .. Noting that "there is full coordination between the parliamentary Economic Committee and the Central Bank of Iraq, and to have our support and our confidence."
7:49 PM [preciousdog] READ THIS AGAIN:. Noting that "there is full coordination between the parliamentary Economic Committee and the Central Bank of Iraq, and to have our support and our confidence."
7:50 PM [preciousdog] [bear5642] well i cant say all i know is that they have decided to revalue the iqd and it will not be less than a dollar and they intend to stop inflation and the only way they can do that is to meet the budget 3.67
7:51 PM [preciousdog] [bear5642] listen to me there is absolutely no reason at all to think anything negative about the revaluing of the iqd the milllion dollar question is what is the rate and when is the date period
Peace & Blessings,