Precious] Please read this article and do the math...
[Precious] The former governor of Iraq’s central bank who was removed from his job amid allegations of financial impropriety has vowed to clear his name. Sinan Al Shabibi was suspended from his post following allegations that the central bank had manipulated the Iraqi currency against the US dollar. But he claims that the charges against him are cover for a political manoeuvre by the government to use the central bank’s reserves. “We had conflicts with the government. They wanted to use the central bank’s reserves to finance some electricity projects and part of the (public) budget, but we told them they cannot touch the reserves,” Mr Shabibi said.
[Precious] The cabinet recently approved a draft budget of 138 trillion Iraqi dinars (Dh435.6 trillion) for next year. However, the proposal still needs approval from parliament. Mr Al Shabibi claims the “root” of the dispute surrounded the use of the central bank’s reserves for this budget, which would have had a negative affect on the currency.
[Precious] emand for dollars in the central bank’s weekly currency auction doubled to US$300 million (Dh1.1 billion) from November to April, putting pressure on the nation’s foreign reserves of about $63bn.
[Precious] looks like 3.66 to me...........................................
Read More Link on Right
[911GTS] i'll take it
[watercolor] Precious Precious wOOHOO!
cashinqueen] Precious i take it and runnnnnnnnnnnnnnnnnn
[willietrader] Precious looks as if 3.66 could be the RV rate
[jcal] Within .40 cents of Kuwait
[Texas Mama] Something from Debtarheelgirl: Everything is still the same. God is still my health care provider, my Commander in Chief, my noble leader, my wise King. He's still the One who turns the head of any king, who raises up Moses' and makes Pharaohs comply. God still oversees my income, my taxes, my energy costs, my job, my state, and Praise Him - my country.
No matter who's sleeping in the White House - God never slumbers or sleeps and He is watching over my kids and His! He moves around the country in "All Force 1" and is always number One. His Kingdom bows to no country or their leader. There is no power on earth that can stand against His perfect will for my life and He will prove Himself strong and faithful; able and sovereign - no matter what. I am so glad GOD is in Control!