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      Iraq emerges from Chapter VII of the United Nations   12/09/2017

        Rmc10 Senior Member All Measures Imposed under Iraq Oil-for-Food Programme Implemented in Full, Security Council Concludes, Unanimously Adopting Resolution 1958 (2017) REPORT from UN Security Council Published on 08 Dec 2017 —View Original SC/13109 SECURITY COUNCIL
      8126TH MEETING (AM) The Security Council concluded today that all the measures imposed in its resolutions 1958 (2010) and 2335 (2016) pursuant to Chapter VII of the Charter of the United Nations in relation to the Iraq oil-for-food programme had been fully implemented. Unanimously adopting resolution 2390 (2017), the Council welcomed the fact that the remaining funds in the escrow accounts established pursuant to resolution 1958 (2010) had been transferred to the Government of Iraq pursuant to resolution 2335 (2016). The Council acknowledged the Secretary-General’s final report on the matter (document S/2017/820), which stated, among other things, that the remaining $14,283,565 in the administrative escrow account had been transferred to Iraq. Following the adoption, Amy Noel Tachco (United States) applauded Iraq’s complete implementation of measures under the oil-for-food programme, although the country still faced many challenges. She looked forward to close cooperation internationally and bilaterally in support of Iraq as a federal, democratic and prosperous country. The meeting started at 9:45 a.m. and ended at 9:48 a.m. Resolution The full text of resolution 2390 (2017) reads as follows: “The Security Council, “Recalling its resolutions 1958 (2010) and 2335 (2016), “Acknowledging receipt of the final report of the Secretary-General pursuant to paragraph 4 of Security Council resolution 2335 (2016), S/2017/820, “1. Welcomes the implementing arrangements entered into by the Secretary-General and the Government of Iraq as requested in paragraph 7 of Security Council resolution 1958 (2010); “2. Also welcomes that the remaining funds in the escrow accounts established pursuant to paragraphs 3–5 of Security Council resolution 1958 (2010) have been transferred to the Government of Iraq pursuant to Security Council resolution 2335 (2016); “3. Concludes that all the measures imposed by the Security Council in resolutions 1958 (2010) and 2335 (2016) pursuant to Chapter VII of the Charter of the United Nations have been fully implemented by the parties.” For information media. Not an official record.     DV LINK
FreckledFuzz

Iraq-NEW Currency ISO Code

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Remember all the bantering about 368 - was the ISO [it was] and the rate....blah blah blah

XE.com now has a *new* ISO code: 4217

and just for reference I included a website stating the old

NEW: http://www.xe.com/currency/iqd-iraqi-dinar

OLD: http://iso-code.com/countries/IQ/currencies.html

Edited by cisole
Fixed new link
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Link for "New" didn't work

Error code 404

Just go to

www.xe.com and click on the link for IQD--or select it from the drop down menu

IQD Facts

ISO 4217 Code: IQD

Inflation: 5.11%

Minor Unit:

1/1000 = fils

Symbol: د.ع

Coins:

Freq Used: د.ع 25, د.ع 50, د.ع 100

Banknotes:

Freq Used: د.ع 50, د.ع 100, د.ع 250, د.ع 500, د.ع 1000, د.ع 5000, د.ع 10000, د.ع 25000

Central Bank

Central Bank of Iraq

Website:

www.cbi.iq/

I should note this is not the new number---rather it looks as if in a transition of change......ISO 4217 is a standard as defined on Wiki: http://en.wikipedia.org/wiki/ISO_4217

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Or new currency?

Yes, this could be a sign of new currency as stated by Wiki

Over time, new currencies are created and old currencies are discontinued. Frequently, these changes are due to new governments (through war or a new constitution), treaties between countries standardizing on a currency, or revaluation of the currency due to excessive inflation. As a result, the list of codes must be updated from time to time. The ISO 4217 maintenance agency (MA), SIX Interbank Clearing, is responsible for maintaining the list of codes.

http://en.wikipedia.org/wiki/ISO_4217

New currency will/would need a new code

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RV,RV,RV!

RATE = 4.217

Sorry to be a buzz kill(actually i kinda enjoy it) but they wouldn't need a whole new currency and currency code for a RV, they would just need different denomination

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New code=New rate possibly? Lots of good stuff out there today kids.

Time to make the donuts!

Let's make it simple for everyone:

New ISO code = Bad news

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Sorry, It means NOTHING

as per Wikipedia

ISO 4217 is a standard published by the International Standards Organization, which delineates currency designators

In other words ISO 4217 is just the standard that defines the currency designations for each country.

http://en.wikipedia.org/wiki/ISO_4217

We are all in such a hype with this RV, that we are looking for ghosts everywhere. I am also getting impatient and on edge. All we can do is stay grounded and know that it will happen when the time is right.

Sorry to burst the bubble.

GO RV

Edited by CYRUS
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Thank you for the post!

This investment is really confusing!!! :blink: On just about every post, you have the positive posts, and the negative posts. It is almost like if someone see's something positive, they have to post a negative! My question is why we have to be so negative. Sure things could go bad, but why be looking for it? If all someone has to do is look for the negative on this investment, why do you stay in it? Why not just sell your dinar, take a little hit, and invest in something that is more positive for you!!

I am here for good or bad. That is what an investment is. My glass is still over half full, and will stay that way until the end!

Go RV!!!

:D:D:D

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You got that right!

Exactly!

A new currency code would be bad. This is in reference to an ISO code which 4217 seems to be a standard.

368 to 4217.

When we see a new 3-Letter Acronym, i.e., NID, IDX, IQN, or something like that.. Than we should be concerned.

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