Popular Post yota691 Posted March 24, 2013 Popular Post Report Share Posted March 24, 2013 World Bank restructure the Rafidain and Rasheed in order to raise the value of the Iraqi dinar Published on Sunday, 24 March / March 2013 15:39 | Written by: MW / AR / N | | | BAGHDAD / obelisk: counting and Planning Minister Ali Shukri, Sunday, announced the World Bank to start implementing his plans to restructure the government banks Rafidain and Rasheed "It's an important step was waiting for Iraq to raise the value of the dinar." Said Shukri for "obelisk", "The announcement of the World Bank to begin implementation of its plans to restructure the Rafidain Bank and Rasheed Bank government is an important step had been waiting Iraq," noting that "financial welcomed move the World Bank in this direction because this restructuring will ensure the country make the most of these institutions big human Bakdarathma and expertise accumulated by the cadres and joint coordination to guide these estimators. " He added that "the Ministry of Finance confirmed that the plans will be the guarantor of restoring Iraqi dinar of his value economic between foreign currencies and this will be part of this plan," explaining that "the banking sector is suffering in general laziness around to institutions consumer is active in the financial sector the most traffic The boom in the economy in general. " He pointed out that "the World Bank said the Iraqi side that lifted the value of the Iraqi dinar should be a priority as well as he needs to political stability in the country before everything." Noteworthy that the second Gulf War led to a decline in the value of the Iraqi dinar in an unprecedented way to reach the Iraqi dinar to 0.144 U.S. dollars, which led to cripple the banking sector until the year 31 1 Link to comment Share on other sites More sharing options...
sandfly Posted March 24, 2013 Report Share Posted March 24, 2013 BRING IT ON Link to comment Share on other sites More sharing options...
bostonangler Posted March 24, 2013 Report Share Posted March 24, 2013 Big news coming out lately... Kerry arriving today. The Kuwaitis coming in April. Budget done and approved... IMF moving to Article 8... And now this story... It seems things are moving really fast toward some kind of an end.... Perhaps this investment will actually turn out to be "The Real Thing" B/A 3 Link to comment Share on other sites More sharing options...
mcuman Posted March 24, 2013 Report Share Posted March 24, 2013 O M G !!!! Link to comment Share on other sites More sharing options...
dweave69 Posted March 24, 2013 Report Share Posted March 24, 2013 .14 cents. I'd take it. Link to comment Share on other sites More sharing options...
jeepguy Posted March 24, 2013 Report Share Posted March 24, 2013 i`m not sure where the .144 is comeing from , the way they state it , after the war the dinar went down too .144 <--- i believe it went to .3000 range then came back up to 1160 where it is now, --------> i am thinking the .144 might be what they are about to get it up to { like dweave said to .14 } i will be right behind dweave , !!! and yes indeed a lot of great things comeing out in the iraqi news fronts,,, let the fun begin next week .14 ,,,, another great job from master yota ------> news ,to see , great find yota surely bring pages of { yota speak } 1 Link to comment Share on other sites More sharing options...
OZmosis Posted March 24, 2013 Report Share Posted March 24, 2013 Woo the Hoo. Woops - I meant woo hoo - or woo to the hoo - which translates to things are looking up. Seems like things are happening and we almost know "when" and we almost know "how much" and so soon the word soon will be history. Link to comment Share on other sites More sharing options...
rsskelton Posted March 24, 2013 Report Share Posted March 24, 2013 (edited) Ok yota, I'm getting really worn out telling you hundreds of times what a great find this is, what a great find that is!. From now on, when you see me post the word DING, you'll know you just got a+ 1 from me. Great job! DING! Edited March 24, 2013 by rsskelton 13 Link to comment Share on other sites More sharing options...
RVPleaseToday Posted March 24, 2013 Report Share Posted March 24, 2013 I think it's a bad translation. I'm guessing they mean get it back to 1440 to the dollar. 4 4 Link to comment Share on other sites More sharing options...
OZmosis Posted March 24, 2013 Report Share Posted March 24, 2013 I prefer to look on the brighter side of dots and digits. Link to comment Share on other sites More sharing options...
Kaduku Posted March 24, 2013 Report Share Posted March 24, 2013 More great news like the approval of the budget, and now being sent to the Gazzette!!! Awesome, just awesome! 1 Link to comment Share on other sites More sharing options...
RVPleaseToday Posted March 24, 2013 Report Share Posted March 24, 2013 Well, yeah! But, the decimal point problem happens often with translations. They are unlikely to announce an RV ahead of time. 2 1 Link to comment Share on other sites More sharing options...
blueskyline Posted March 24, 2013 Report Share Posted March 24, 2013 I don't feel that a return to .144 would restore their value . Do to the gulf war the value declined to .144 which crippled the banking sector . I think we are moving to a far greater return than the amount that lead to a crippled banking sector. Either way . Yota you are priceless to us all 2 Link to comment Share on other sites More sharing options...
zul Posted March 24, 2013 Report Share Posted March 24, 2013 Yota . DING! Link to comment Share on other sites More sharing options...
Choppermike Posted March 25, 2013 Report Share Posted March 25, 2013 .14 cents. I'd take it. In a heart beat!!! Link to comment Share on other sites More sharing options...
easyrider Posted March 25, 2013 Report Share Posted March 25, 2013 Well... this sure brings a smile to my face!!! Bring it. Great article. Big news coming out lately... Kerry arriving today. The Kuwaitis coming in April. Budget done and approved... IMF moving to Article 8... And now this story... It seems things are moving really fast toward some kind of an end.... Perhaps this investment will actually turn out to be "The Real Thing" B/A you got that right. Iraq wants to play with the BIG boys now. 1 Link to comment Share on other sites More sharing options...
RAGARCIA62 Posted March 25, 2013 Report Share Posted March 25, 2013 Come on rv. So close ow. Woo hoo. Link to comment Share on other sites More sharing options...
SocalDinar Posted March 25, 2013 Report Share Posted March 25, 2013 Interesting article Yota. Thanks Thinking the same thing as many of you that 14 cents would get me out of this game with no looking back. Link to comment Share on other sites More sharing options...
ChuckFinley Posted March 25, 2013 Report Share Posted March 25, 2013 Thinking closer to .10 with the spread, but that still buys a lot of beer. Sounds good to me. Thanks Yota. 2 Link to comment Share on other sites More sharing options...
Alex38 Posted March 25, 2013 Report Share Posted March 25, 2013 great article! Link to comment Share on other sites More sharing options...
unirod Posted March 25, 2013 Report Share Posted March 25, 2013 Scooter research did a very nice spread on the World Bank requirements for Iraqs State banks in restructuring their debt. I believe they may have indeed met the earmark requirements. Rasheed has begun loaning money again to consumers. Still waiting to see the London branch of the Rafadain Bank to open again. This will signal iraqs international Banking ambitions...IMO Ding Yota!! Link to comment Share on other sites More sharing options...
onerighthand Posted March 25, 2013 Report Share Posted March 25, 2013 Woo Ding Hoo! Hope this is good info Link to comment Share on other sites More sharing options...
Lutie Posted March 25, 2013 Report Share Posted March 25, 2013 Would you all be thinking .14 and then float up some? Link to comment Share on other sites More sharing options...
idplzr Posted March 25, 2013 Report Share Posted March 25, 2013 (edited) Would you all be thinking .14 and then float up some? I would think it would have to float up. I would probably cash out enough to be dept free then ride the rest cashing some at incremental levels depending on the rate and if there is a time limit to cash old notes in. Edited March 25, 2013 by idplzr 1 Link to comment Share on other sites More sharing options...
rozman Posted March 25, 2013 Report Share Posted March 25, 2013 It is "VERY INTERESTING????" Seriously, things are looking very promising for when it will happen (soon). My question to Dinar Vets is where is there some hard evidence as to the rate? Seems to me that there is a lots of speculation that comes from subjective interpretations of the intel that is being propogated. Give us some good hard facts. 1 Link to comment Share on other sites More sharing options...
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