Parliament calls for the central bank to raise the price of the dinar against the dollar

[sportfisher]

I just made a different calculation on the increase in value and got $2.33

does anyone know how much IQD in circulation at the moment.

[Luigi1]

Parliament to CBI...get 'er done. Member of Parliament calls for CBI to raise the price of the IQD against the USD.

The member of Parliament Abdul-Hussein Abtan the central bank to work on raising the price of the dinar against the dollar and to improve the living conditions of the individual.

Abtan said, according to the Agency (news): the CBI to do a study to raise the rate of the dinar against the dollar and foreign currency in excess of (60) billion dollars.

What's your view on this bit of news from Iraq? Could we be close?

From a Iraqi site in Arabic. http://bit.ly/wZII6s

English verson is available from another site.

[Dah-kota]

1 day closer ...for sure

Go>>>>>>RV

[Luigi1]

1 day closer ...for sure

Go>>>>>>RV

Agree. It appears Parliament may have given the green light to CBI to do what is nessisary to RV, RI or LOP.

This news just came in Saturday evening.

Edited January 29, 2012 by Luigi1

[SgtFuryUSCZ]

***///

...Yup, the CBI does!

(sorry, SPORT, i couldn't resist! )

[SgtFuryUSCZ]

***////

I'm pretty sure the CBI has already done their "study" on this one.

(Other articles coming in today - and previous to these, too - elude to that...)

Keep a happy thought!...

Edited January 29, 2012 by SgtFuryUSCZ

[rockhound60]

http://dinarvets.com..._1entry831572

rockhound60

• 
• Senior Member

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Posted 27 January 2012 - 07:06 PM

Parliament calls for the central bank to raise the price of the dinar against the dollar

On: Sat 1/28/2012 8:30

BAGHDAD / agencies

The member of parliament Abdul-Hussein Abtan the central bank to work on raising the price of the dinar against the dollar and to improve the living conditions of the individual.

. Abtan said, according to the Agency (news): the central bank to do a study to raise the rate of the dinar against the dollar and foreign currency in excess of (60) billion dollars.

وا الدول. He Abtan: that the dinar at a standstill for four years since he was a cash reserve (20) billion dollars by the need to raise the price of up to (1000) dinars against the dollar over the economic recovery and the reality of living of the individual and restore its distinguished position among nations.

This is noteworthy that the central bank stressed that raising the value of the dinar by 3.4%, which may seem at first glance a low rate, although it is in fact a monetary value large part of the financial settlement large inter-bank "that this lifting" sends a strong message confirms the strength and stability of national currency and the promising future of the Iraqi economy "and dispel all fears of the possibility of a deterioration of the latter

http://translate.goo...SrKjsoxOwtRv8lg

Read more: http://dinarvets.com.../#ixzz1krEU63jK

[mrref]

This article has been out for several days. Now my opinion is that its soon or very soon, of course I've been hearing these words for the past 8 plus years now... So lets hope its very soon..

[E A Poe]

[brbrlocke]

Please don't "Study" on it too long......

[rockhound60]

Posted 27 January 2012 - 07:06 PM

Parliament calls for the central bank to raise the price of the dinar against the dollar

On: Sat 1/28/2012 8:30

Read more: http://dinarvets.com/forums/index.php?/topic/102480-parliament-calls-for-the-central-bank-to-raise-the-price-of-the-dinar-against-the-dollar/#ixzz1krL0t500

[Bumper64]

Posted 27 January 2012 - 07:06 PM

Parliament calls for the central bank to raise the price of the dinar against the dollar

On: Sat 1/28/2012 8:30

Read more: http://dinarvets.com.../#ixzz1krL0t500

Thanks rockhound60!! I will merge the two articles together!

[RodandStaff]

Why? Why? Why? Is this not done yet. Sorry I was thinking out load.

That's O.K. Gina... we're all family here... this is a no judgement venting zone!!! Although if we all vented at once we might burn up the internet!

Thanks for the post Rockhound!

GO RV Already Baby!!!

Edited January 29, 2012 by RodandStaff

[FishmanTx]

Good post, for give me on my lack of math on a very grueling Friday but can someone calculate what 3.4% would be please?

1169 raised 3.4% = appx 1129. Not much but a step in the right direction. According to the IMF reports, the Dinar SHOULD be at 292:1 as a real value.

Edited January 29, 2012 by FishmanTx

[lotsofdinar]

According to the IMF reports, the Dinar SHOULD be at 292:1 as a real value"

I've heard that but not seen it. Do you have a link?

[Luigi1]

The second reading of the raising of the zeros in Parliament will be next week. The third & final reading, it becomes law. Hopefully by this summer.

Now vote...damn it...vote.

[Mazzz27]

The second reading of the raising of the zeros in Parliament will be next week. The third & final reading, it becomes law. Hopefully by this summer.

Now vote...damn it...vote.

you want them to raise the zeros? :lol:

[sportfisher]

***///

...Yup, the CBI does!

(sorry, SPORT, i couldn't resist! )

You are right

[FishmanTx]

According to the IMF reports, the Dinar SHOULD be at 292:1 as a real value"

I've heard that but not seen it. Do you have a link?

Somewhere...

It's a pdf Report on Iraq from the IMF website. I got the link from here actually....

I'll see what I can do.

[FishmanTx]

Here's the link for the DV post....

DV post

but the link on the post is incorrect and doesn't work. I found it again tho......

IMF PIN 10/34

Look towards the bottom......

DOH!!! Somebody's full o' shiite!!!! Ain't mentionin' no names Shabbi.......

Edited January 30, 2012 by FishmanTx