dinarham

They want to use iqd for this partnership .

Iraq is not yet listed as a member of the WTO.

Saleh mentioned a new mechanism to evaluate the economic viability of a country , and that is based on raw natural resources . Iraq ranks 9th in the world ,behind other huge countries . Bear in mind that Iraq has a population of approximately 42,000,000 ,that's all. The weird part is every Iraqi should be a millionaire . Iraq also has the largest supply of Sulphur in the world , let alone sweet crude and gold . Iraq is also strategically located ,and plans for linking Europe and and the Far east overland is a huge undertaking that will happen , and has been likened to the Suez Canal . Don't let the nay sayers kill your buzz and shine on , you crazy diamonds .

The rv has not happened unless it's on forex . Intrinsically , currency rate is meant to be fluid , not written in blood and stone . The iqd rate on forex has been weirdly steady ,not changing by more than 1/10th of a penny and most days not even that for months now . So while the parallel ,black market ,published rate ,etc are doing unexplainable maneuvers , forex is holding super super steady.

The oil in Iraq is owned by the citizens of Iraq , not oil companies . It is logical that the way they will be paid is digital . How else ?

I often wonder if the people that spew out negativity ever do research on their own .

What happens when the buy rate is virtually the same as the sell rate ?

A distraught populace will wind up in their livingrooms , and they know this very well .

Before the big holiday !

Folk lore has it that prior to the rv , communication systems will be down .

Quoting myself here , but I think this date could be important . It is a day of "immense forgiveness and giving" It is proceeded with fasting , then everyone takes off for a 3 day holiday.

Arafa , considered the holiest day in Islam , is on June 28

What happens when buying and selling price are the same ,within fractions of a penny ? While IQD is not traded on Forex , did Presidential order #13303 allow US citizens to purchase iqd in spite of sanctions imposed by the US on Iraq in 2003?

Conflicting info=smoke and mirrors

Considering that less than 6 years ago , Iraq was 2/3 's under Isis control , and after surviving Obama's decision to pull out of Iraq prematurely to fulfil a campaign promise which led to this . Prior to Saddam , the Iraqi Bill of Rights for it's citizens included more rights that we have here . I have dealt bigtime with Iraqis , they are smart , good work ethics , and they are super super loyal to their families , to a fault .

If Iraq is so broke , why is JP Morgan , the largest financial bank is the US , canoodling with the CBI ?

Bigtime smoke and mirrors . In spit of what the black market is doing in Iraq , currency converters are holding steady at 1300 , give or take a few pips .

The USA is still holding Iraq gold . No mention is ever made about the 5 US semis that it took to clear out all the Iraqi gold ,which we did immediately after Saddam's statue was toppled . There is no clear evidence as to what happened to that gold , buried on some super secret location ,and not at Fort Knox . Allegedly , these funds were to go to the DFI , the Development Fund of Iraq . What part of that is war booty ? While it is understandable that US sanctions of Iran included them not using USD for any transactions , it looks like we shot ourselves in the foot over that one . No worries , you crazy diamonds , our patience and belief will pay off .

Conflicting news = smoke and mirrors .

Wooowie !!! Good freakin' news !!!

An exchange rate is one of the most important factors in determining a country's economic health and also has a huge effect on imports and exports . In any household budget , one needs to determine what's coming in , or why have a budget at all ,just spend like crazy until you're dead broke. It's very unusual that the IQD is not pegged to any currency , the CBI being responsible for this move . Their balance sheet has increased so significantly that long term losses greatly outweigh short term losses , so the CBI abandoned the peg. Without being pegged to the USD , Iraq has much stronger control over their own currency. Most Middle East countries are pegged to the dollar . It could be that the IQD , being depegged , is set to mimic another currency , Kuwait comes to mind .

The Development Road in Iraq is a huge undertaking , linking Asia and Europe overland , as important as the Suez Canal .

Except for a few pips , the forex shows that iqd /usd has flatlined straight as a board . Oddly enough , iqd / chh took a real dump .

" Hey , world , we're going to revalue our currency on this date , so load up ". Smoke and mirrors.

Forex currency converter , IQD still flatlined but at a straight up 1300.000 . Boom .