SWFloridaGuy] Huge news this morning about a possible change in peg with the IQD. 9-15-2012 Arab Monetary: 3 currency exchange systems and countries 'cooperation' dependent mechanism 'peg.' Confirmed the Arab Monetary Fund, the drainage systems prevailing in the global economies and Arab currencies, including 3 types first "floating fully" and that left to market forces by identifying currency exchange rate, as countries rely other system peg a single currency or a basket of currencies including states cooperation, Jordan and Lebanon, as well as drainage systems combine the two systems ex.
[SWFloridaGuy] During the financial stability, are diverse exchange in the Arab countries to 3 types, pointing out that both of Jordan, Lebanon and the GCC countries peg its currency to fixed exchange rates against the dollar. Adopt all of Iraq, Tunisia, Algeria, Mauritania and Sudan system floating orbit of exchange, where value is determined currency in the market, according to the forces of supply and demand, and the government to intervene when necessary to re-route the exchange rate, in line with a group of standards including the status of the current account and foreign currency reserves. .
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[SWFloridaGuy] They are talking about the IQD and letting the market drive it up.
[SWFloridaGuy] eleanor Well, this is the best article we've probably ever had.
This is exactly what Enorrste and Kaperoni have been saying for a long time.
[SWFloridaGuy] 9-15-2012 HCL: A second meeting between Erbil and Baghdad to resolve the HCL law this week. A second meeting between Erbil and Baghdad to resolve the selection of the draft law of oil and gas in the country this week with the participation of the Ministers of oil in the federal government and the Kurdistan Regional Government. It is scheduled to be held a second meeting between Erbil and Baghdad to resolve the selection of the draft law of oil and gas from between the bills before next Tuesday. http://www.aknews.com/ar/aknews/2/326337/