AC has translated the video - Iraq CBI Gov Says Any Exchange Rate Supported – Possible Revaluation?

[Bumper64]

 

another site has translated the video interview with the Central bank Governor. Is it possible that the Gov. Turki, may be referring to a Iraq dinar currency revaluation? Iraq dinar currency with any amount. That is what the CBI Gov. stated in his interview with CNBC Arabia.

Iraq Central Bank Gov Turki interview with CNBCArabia – 17 June 2014

Governor of Central Bank of Iraq, Dr. Abdul Basit Turki,

“Monetary Policy in Iraq and the administration of CBI doesn’t have any worry in the management of monetary in Iraq (of course everyone know this exceptional circumstance) the Iraqi Dinar fully covered and there are foreign Monetary reserve that allow support of exchange rate of Iraqi dinar, with any amount so therefore there are no worry about this policy but we planning to be more efficiency in stable environment and more efficiency to lead the economy development in Iraq. We are sorry because we must to handle monetary policy in exceptional circumstance. So there are no any worry about support IQD or exchange rate or available of foreign money in domestic market.

Reporter: What is the amount of reserve in CBI?

Gov. Turki: We exceed the 70 billion US dollar.

Reporter: Is there gold reserve for example?

Gov. Turki: Yes, and we increased our gold reserve or our gold assets for three times in this year. By the way our assets from the gold and reserve are in the international Central Banks trusted.

Reporter: Great therefore you are ready to support IQD in any circumstances without limit?

Gov. Turki: Yes and we are sure we can to determine the exchange rate as CBI like.

Reporter: Are the transactions of foreign money from inside Iraq doing without restrictions?

Gov. Turki: Yes, its flexible and its one of more flexible transactions in Iraq.

End of Transcript

 

[moneysoon]

thanks Bumper!

Sounds great!

[pattyangel]

Bumper, you just added some icing on top of my cake, now we just need to top in of with a celebration candle.

 

Let's get this done Iraq!!!!!!

[nannab]

Thank you Bumper64! Great post!!!

[sportfisher]

           

get 'r dun boys, I'm gettin' saddle sore.

[pattyangel]

Sportfisher, might have to sail your way on this one, a lot smoother than the ole' saddle.

[10 YEARS LATER]

Well. . . we're waiting . . . . and the hold up really is . . . ? 

 

XCELLENT FIND BUMPER 

Edited June 25, 2014 by 10 YEARS LATER

[chess]

Thx....we can all..................... .........!!

[kenshin7]

Okay this is the best news I have had all week !!!!  thank you

[EagleEye]

well like I said on this prior post:

 

CLAP ALONG IF YOU FEEL LIKE A RATE WITHOUT A ROOF !!!

 

to paraphrase Pharrel's hit   "HAPPY"

 

Clap along if you feel like a rate without a roof....

 

makes me Happy

 

Clap along if you feel like an RV is the truth

 

makes me Happy

 

Clap along if you know what an RV will mean to you...

 

Makes me Happy

 

Clap along if that's what you want CBI to do !!!

 

     

 

 

 

•  

Nice to know that's his story and he's sticking to it !!! Thanks Bumper !!

Read more: http://dinarvets.com/forums/index.php?/topic/180274-the-cbi-has-the-ability-to-support-the-exchange-rate-of-the-dinar-to-the-fullest-extent-and-without-a-roof/page-2#ixzz35c0RGzSu

[djgabrielie]

Thanks bump and AC.

[Wiljor]

Holy Shiite, this is huge, BUT????? Let's see how this unfolds.

Great news and sounds very encouraging, let's not jump on the band wagon yet. Keep grounded and let's keep focused.

Thanks Bumper for the post. I mean, if it had of been a printed document or a printed report or a link I would not be so enthused, but hearing it from one of the "horses mouths" makes it more interesting.

Much appreciated Bumper

[Bumper64]

I guess I should have added a disclaimer that this is 100% AC's info and I know nothing of the translater that did this for him but I pray he is translation is 100% correct!!

[EagleEye]

I guess I should have added a disclaimer that this is 100% AC's info and I know nothing of the translater that did this for him but I pray he is translation is 100% correct!!

looks like the second time he has said something like this in a week...so here's hoping !!!

[Bumper64]

looks like the second time he has said something like this in a week...so here's hoping !!!

 

I had noticed that too!!  Fingers crossed!!! 

[dontlop]

The fruit is ripe

[Boozer]

Thanks

[ReinMan]

Not happening til the fruit drops.

The tree is in suspended animation.

[Texas1]

The fruit is ripe

Leave Sandfly out of this

[Driver]

Leave Sandfly out of this

 

OK 

[bamagirl]

well like I said on this prior post:

CLAP ALONG IF YOU FEEL LIKE A RATE WITHOUT A ROOF !!!

to paraphrase Pharrel's hit "HAPPY"

Clap along if you feel like a rate without a roof....

makes me Happy

Clap along if you feel like an RV is the truth

makes me Happy

Clap along if you know what an RV will mean to you...

Makes me Happy

Clap along if that's what you want CBI to do !!!

Nice to know that's his story and he's sticking to it !!! Thanks Bumper !!

Read more: http://dinarvets.com/forums/index.php?/topic/180274-the-cbi-has-the-ability-to-support-the-exchange-rate-of-the-dinar-to-the-fullest-extent-and-without-a-roof/page-2#ixzz35c0RGzSu

Love this Eagle Eye!

[Hawaii 50]

That's the gravy on my Turki!

The roof the roof the roof is on fire!! Smells like Turki.

[sandfly]

THANKS

[RodandStaff]

Sandfly Bumper...good one!!! Now "Git-R-Dun" Boyz!!!!

Edited June 25, 2014 by RodandStaff

[ckriebs]

Thanks Bumper64. I hope the pressure stays on them to get this done without delays. But with Iraq it seems the one constant is change so I hope it stays on the positive side and we see a change in their currency by the weekend.