BIGBOI Posted November 20, 2010 Report Share Posted November 20, 2010 November 20, 2010 Central Bank recorded an increase in reserves Announced that the Iraqi Central Bank Consultant Dr. Mohammad Saleh said that the appearance of the central bank reserves reached $ 50 billion, and pointed out that this reflects a positive monetary policy for the protection of the Iraqi dinar in the region. Saleh explained in an interview with “Radio Sawa” The reserves amounted to $ 50 billion, which reflected the monetary policy for the protection of the national currency in the region and form a cushion against any internal or external vibrations. Saleh added that the CBI in connection with cash management reform in the coming years, pointing out that the GDP will double, especially in the field of oil and other activities and, therefore, Cluster current monetary and specifications are not commensurate with the stage of prosperity and economic development can. The economists emphasized that the pursuit of a number of European and Arab states to invest in Iraq will support the value of the dinar in the future. http://translate.google.com/translate? 3 Link to comment Share on other sites More sharing options...
Officer151 Posted November 20, 2010 Report Share Posted November 20, 2010 This is good news! Link to comment Share on other sites More sharing options...
Triple xXx Posted November 20, 2010 Report Share Posted November 20, 2010 Cluster current monetary and specifications are not commensurate with the stage of prosperity and economic development can. The economists emphasized that the pursuit of a number of European and Arab states to invest in Iraq will support the value of the dinar in the future. What does this mean? Link to comment Share on other sites More sharing options...
lechesuerte Posted November 20, 2010 Report Share Posted November 20, 2010 Nice!!! GO RV in 2010!!! 1 Link to comment Share on other sites More sharing options...
Dinerry Posted November 20, 2010 Report Share Posted November 20, 2010 November 20, 2010 The economists emphasized that the pursuit of a number of European and Arab states to invest in Iraq will support the value of the dinar IN THE FUTURE. http://translate.google.com/translate? GO RV! Link to comment Share on other sites More sharing options...
ivyj04 Posted November 21, 2010 Report Share Posted November 21, 2010 Shabibi DROP the HAMMER on th RV button! Link to comment Share on other sites More sharing options...
kamm Posted November 21, 2010 Report Share Posted November 21, 2010 Come on shab. Do us all a big favor and let her rip. We are waithing on you. Steve Link to comment Share on other sites More sharing options...
oculaw1957 Posted November 21, 2010 Report Share Posted November 21, 2010 Ok. Question? The $50 Billion is reserves.....is that where the RV "cash o la" will come from??? Link to comment Share on other sites More sharing options...
thegente Posted November 21, 2010 Report Share Posted November 21, 2010 Ok. Question? The $50 Billion is reserves.....is that where the RV "cash o la" will come from??? We cash in at Dinar Trade or our bank. Our accounts are electronically credited. Our Dinars are eventually sent to the Fed, Fed will leverage them on oil futures, or hold them as a reserve currency. No actual cash is paid out, and the CBI will make a fortune on their spread as well. JMO Hope this helps! 1 Link to comment Share on other sites More sharing options...
Az Joe Posted November 21, 2010 Report Share Posted November 21, 2010 I wish they would have add a date and rate and to say there is no LOP planned. Link to comment Share on other sites More sharing options...
waterman13 Posted November 21, 2010 Report Share Posted November 21, 2010 We need to go to Staples and buy them am Easy Button.....:P:P WM13 Link to comment Share on other sites More sharing options...
ivyj04 Posted November 21, 2010 Report Share Posted November 21, 2010 Yummy Link to comment Share on other sites More sharing options...
letsroll Posted November 21, 2010 Report Share Posted November 21, 2010 We cash in at Dinar Trade or our bank. Our accounts are electronically credited. Our Dinars are eventually sent to the Fed, Fed will leverage them on oil futures, or hold them as a reserve currency. No actual cash is paid out, and the CBI will make a fortune on their spread as well. JMO Hope this helps! Who is electronically crediting / funding my account ........still fuzzy on that little bit of information ? Link to comment Share on other sites More sharing options...
Recommended Posts