Reason for Recent IQD Value Change

[jomans]

We know the reason for the 4 pips move on the Dinar....it has nothing to do with it floating. It had to do with the fact that the auctions were extremely high recently. This caused CBI to rethink moving the dinar a few pips. We can now put all the rumors of why to rest.

------------------------------------------------

here's the link and translation is below:

http://www.imn.iq/news/view.9430/

High exchange rate of the dollar caused some neighboring countries

19/01/2012 11:30

The central bank attributed the rise in the dollar exchange rate and high demand in Iraq to the financial constraints on some neighboring countries.

The central bank adviser said the appearance of Mohammed Saleh in a press statement that the Central Bank observed in the month of December of last year, an increase in demand for the dollar at the auctions of Finance held by the bank and after review and identify the reasons found that this increase is not motivated by internal economic, but rather a result of the regional situation in the surrounding Iraq's neighboring countries of east and west.

He said the central bank in favor of lenient to sell the U.S. dollar, although for this increase because the Iraqi dinar fully covered 100% of the dollar, but the problem lies in the lack of economic benefit to Iraq in the event of dealing internationally.

[DinarThug]

4 Pips ! I Thought That Gladys Knight Only Had 3 Pips !

Too Bad That All Of The Pumper Guru's Are Under A Gag Order Or They Could Explain "The Missing Pip" !

:D

Thx for the post Jomans.

[Crow]

PIP PIP HOOORAY!!!

[Sanssouci]

We be pimpin'...

[Mazzz27]

^ pippin'

[cisole]

^ pippin'

[Sanssouci]

We'll be pimpin' after we're done pippin'...

[DinarProwler]

I'm Pippin for cisole!! Great to see you again and hope all is well....

[cisole]

I'm Pippin for cisole!! Great to see you again and hope all is well....

Nice to see you too, been sick as all heck, but I’m on Antibiotics now and hopefully it will clear it all up.

[JUNKANOO]

4 Pips ! I Thought That Gladys Knight Only Had 3 Pips !

Too Bad That All Of The Pumper Guru's Are Under A Gag Order Or They Could Explain "The Missing Pip" !

:D

Thx for the post Jomans.

She did..the 4th one is the RV!!!

Go RV!!!!

[Biker]

So what has been said means , it has nothing to do with the rate getting ready to take off, So we Mayas well sit on our hands again for a wile. It was only done to try to keep Iran and Syria from buying up stock.

[Man_Kind]

4 Pips ! I Thought That Gladys Knight Only Had 3 Pips !

Too Bad That All Of The Pumper Guru's Are Under A Gag Order Or They Could Explain "The Missing Pip" !

:D

Thx for the post Jomans.

Good One DThug The fourth Pip...........In rehab maybe ???

[Capn Geech]

No. I'm sorry. We were looking for Mary POPPINS.

Poppins.

But thanks for playing.

[harleyharryfl]

So what has been said means , it has nothing to do with the rate getting ready to take off, So we Mayas well sit on our hands again for a wile. It was only done to try to keep Iran and Syria from buying up stock.

I would hope that they do some more pippin if they are gona stop any one buying anything that isn't much of a deterrent......I think this is definitely a lot of smoke for sure ...GO RV......

[goblue522]

So what has been said means , it has nothing to do with the rate getting ready to take off, So we Mayas well sit on our hands again for a wile. It was only done to try to keep Iran and Syria from buying up stock.

Would that small move that they made keep them from still buying? Doesn't seem like a very significant increase.

[Realdinar]

No. I'm sorry. We were looking for Mary POPPINS.

Poppins.

But thanks for playing.

Guys, seriously. It was Scottie Pippen. He used to be a part of some sort of 3 letter agency. I pwomise.

[Alex38]

pipin longstocking

[average joe]

i too jealous to be pipin

[speculatorsRIDE]

After reading some of the responses on this thread, it is apparent that it is time for some folks to step away from the computer for some much needed R & R.

[SgtFuryUSCZ]

4 Pips ! I Thought That Gladys Knight Only Had 3 Pips !

Too Bad That All Of The Pumper Guru's Are Under A Gag Order Or They Could Explain "The Missing Pip" !

:D

***///

[ccbull]

Holy Smokes its the pink piggy! Great to see ya posting again.

[R Veyron]

They probably have that one pip locked up in the dungeon under one of Saddams palaces. Free the pips I say !!

[RValreadywillya]

Pip my dinar!!

[cbs71]

Pip in a blanket?

[Striker1]

Did anyone even read the article? It has nothing to do with whats happening now. It is referencing December when the demand for the dollar went up and the dinar value went down. Remember when everyone was upset because the dinar went the wrong direction? They also reference that the dinar can cover 100% of the US dollar which we all know is not true.