jaq

Shabs put a code in the Letters of intent to the IMF. It's much like the Bible Code. I have a super secret source who has been cracking the rate and date for almost 6 months now and it appears as though the rate is 2.37 and the date will be the first week of March.

or possibly it's that people go to bed praying the INFO from the day before is right only to have those hopes dashed upon waking. For me checking the site before heading to another day of work has become routine as I've had dinar since Nov 03. I wake up, check news and sites then head to work. I come home check news and sites then continue with my evening. Just a thought...

Quad and Pops nailed it, this has nothing to do with the RV, but it is positive news as there was a surplus from last year due to oil prices being higher than expected and accounted for in 2010 budget.

I'm also sticking with the hope of the RV 'by' July 2011.... I'll watch everything between now and the RV as I have for almost 7 yrs, but I will stay sane in the meantime.

Thursday was a holiday, Friday and Saturday is their weekend... nothing quite yet to read into

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

I do have to admit it makes me laugh a little bit when I go back and read posts from this exact time last year... seems the only thing that changes in the 6+yrs I've held my dinar is the year itself.... Yes there have been positive strides, just as there were this time last year and the year before that... Don't quit your jobs, don't buy more than you can afford to lose and just wait patiently...

Absolutely the best and most factual post yet!!! Phenomenal!!!! Seriously can't stop laughing.... Thank you!

MUST be a smokescreen!!! lol

excellent article, thank you K98

If you all ever wanna chat (using voice), let me know. I have a server we can all chat on for free (50 ppl at a time I believe)

would you believe that *Area* of Florida that was sold was Naples FL? I only know because I live here LOL.... but it's absolutely STUNNING, unless we get too much rain !!!

Make that since the Truman Era...

Or you can respond like most camels do with your head in the sand screaming SMOKESCREEN!!! Lol

once again, this document has been posted, reviewed and discussed in a previous thread. 32. The lack of data and large structural changes in the Iraqi economy preclude any meaningful estimation of the equilibrium real exchange rate. A very crude assessment suggests that the dinar is broadly in line with fundamentals.4 With the drop in oil prices, it appears that a possible prior undervaluation has disappeared, and that the dinar could even be somewhat overvalued. The relative low levels of headline and core inflation, however, do not suggest any significant deviation from the equilibrium real effective exchange rate. Moreover, as oil revenues are expected to rise substantially over the medium- to longer term, the equilibrium real exchange rate is likely to rise as well. More importantly, a nominal depreciation could undermine confidence in the dinar, destabilize expectations, lead to increased dollarization, and reignite inflation, reversing the hard-won gains made in recent years. The CBI therefore intends to continue to keep the exchange rate stable, but will consult with staff if its reserves were to fall significantly below the program targets.. 55. Staff supports the CBI’s intention to continue to manage the exchange rate with a view to keeping inflation under control. Although difficult to assess, the exchange rate appears to be broadly in line with fundamentals, taking into account the expected increase in oil production. Moreover, a strong and stable currency provides a solid anchor for the public’s expectations. The CBI should continue to keep a close watch on inflation and be ready to raise the policy interest rate if core inflation were to pick up again. http://www.imf.org/external/pubs/ft/scr/2010/cr1072.pdf The problem with this document, in my opinion is that in one paragraph it reads like a LOP, in the next it could be an RV... Personally I just can't make heads or tails of it.