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Found 1 result

  1. CNN. The Clown News Network - Also Available For Birthday Party's ! 2-18-2014 Newshound Guru Millionday Quote: "A source of (time ) yesterday ( that the meeting discussed the instructions for the sale and purchase of foreign currencies that have been working out from last Sunday, he said ( banks expressed their willingness to implement the instructions to enhance the value of the Iraqi dinar against foreign currencies..." this was sent to me and it is also paired with formal orders by the Governor of CBI , Turki. this is the call for the reality rate to be applied by all the banks -- they have to do the steps they have been given and this is the formal order for them to begin that process... 2-18-2014 Newshound Guru Millionday this was to begin yesterday...they have to comply due to the banking laws...no timeline given of how long it will take or how many steps but the beginning would seem to be the raising of the rate against foreign currencies and the call will come that they are to exchange for redenomination as well. 2-18-2014 Intel Guru Frank26 [via anonymous] we are witnessing a lot of activity and the banks are happy…the 3 zero notes have all been pulled in and now the CBI needs to release the new rate or return the dinars to the banks. 2-18-2014 Intel Guru Delta [via anonymous] [(Can) the OMO can work without a rate?] no, the IMF did two Article 4 reveiws of Iraq. The next Article 4 review for the GOI is in March and they have to move to Open Market Operations before the March Article 4 review. The OMO cannot operate without a new rate and something needs to happen quickly. there is terrific pressure on the CBI and this week should see some exciting events over the next 2 weeks, we may see the rate start low...(.30 cents) and rise over the next couple weeks to $1.17 or whatever rate they have in mind. 2-18-2014 Intel Guru Delta The CBI has no choice or time left…almost all the IQD has been pulled off the street...Kurdistan needs to have money to operate...do not be disturbed to see a rate of .10 or .30 and don’t worry because the value will come up...no one knows the date or rate, but the articles from the CBI are showing the rate must come out soon, and the currency announced to the world. we could see the new rate come out any day and any time of day within the next 2 weeks. This is an exciting time for us all!
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