Popular Post yota691 Posted March 29, 2013 Popular Post Report Share Posted March 29, 2013 (edited) Baghdad (news) .. Likely Vice President Finance Committee MP / coalition of Kurdish blocs / Ahmed Faizullah, the return of Iraqi dinar exchange rate to the price of natural versus the U.S. dollar, the requirement to take the central bank procedures necessary and the use of international expertise to support the national currency. said Faizullah (of the Agency news): The country is suffering from floundering his policy monetary and economic terms that the money that goes out of the country for imports more than the money that comes to the country from oil sales, etc., in addition to there other funds wasted in various ways. added: that the central bank must take its measures necessary to recover the value of the Iraqi dinar to natural rate against the U.S. dollar, and the use of international expertise should benefit from the recommendations of the International Monetary Fund to support the national currency. / end / 8.. / Edited March 29, 2013 by yota691 40 1 Link to comment Share on other sites More sharing options...
olivesman Posted March 29, 2013 Report Share Posted March 29, 2013 um..... WOW!!! Link to comment Share on other sites More sharing options...
Patty B Posted March 29, 2013 Report Share Posted March 29, 2013 Thank you, Yota! Link to comment Share on other sites More sharing options...
Retiredofficer Posted March 29, 2013 Report Share Posted March 29, 2013 This seems to be a strong statement coming from a Vice President of the Finance Committee! Thinking maybe I just might be able to purchase that extra dozen of Pro-V1's I have been eyeing in the golf shop. Go Blue & Go Green Tonight! Retiredofficer 1 Link to comment Share on other sites More sharing options...
RVPleaseToday Posted March 29, 2013 Report Share Posted March 29, 2013 Hard to figure out what the "natural rate" for a currency is. I suspect the wording is a translation issue. 2 1 Link to comment Share on other sites More sharing options...
sandfly Posted March 29, 2013 Report Share Posted March 29, 2013 BRING IT ON RVRV I GOT THINGS TO DO Link to comment Share on other sites More sharing options...
RVPleaseToday Posted March 29, 2013 Report Share Posted March 29, 2013 The Bing translator uses "normal rate" in the first reference, which probably means returning it to the "normal" 1166 rate. "Baghdad (newsletter). Deputy Chairman of the Finance Committee said the Attorney of the Kurdistan blocs Coalition/Ahmed Faizullah, Iraqi dinar exchange rate return to normal rate against the US dollar, the requirement to take the necessary procedures of the Central Bank and the use of international expertise to support the national currency. He said Faizullah (News Agency): that the country suffers from flop to monetary and economic policy, where the funds go out of the country to imports over the funds that come to the country from oil sales and other, plus there are other funds wasted in different ways. He added that the Central Bank is required to take the necessary measures to recover the value of the Iraqi dinar to the natural rate against the US dollar, and the use of international experience and recommendations of the International Monetary Fund to support the national currency./finished/8 l. Eng." 7 7 Link to comment Share on other sites More sharing options...
gregp Posted March 29, 2013 Report Share Posted March 29, 2013 Dude! Nice find yota! Link to comment Share on other sites More sharing options...
Boozer Posted March 29, 2013 Report Share Posted March 29, 2013 Natural rate ? Is that $3.24 ? Or $1.13 Bring it on!!! 2 Link to comment Share on other sites More sharing options...
OZmosis Posted March 29, 2013 Report Share Posted March 29, 2013 One for one would make for the most streamlined transition....and sounds both natural and normal. They are already using the dollar, so dinar being the same value would avoid having to use a calculator. 2 Link to comment Share on other sites More sharing options...
rsskelton Posted March 29, 2013 Report Share Posted March 29, 2013 Well we all know that it is at a programed rate now. I have also heard the word "artificial " used in the place of programed. Perhaps it's just me, but the optimist inside me asks the question; What's the opposite of artificial? Natural. Yota my man, DING! RSS 14 Link to comment Share on other sites More sharing options...
yota691 Posted March 29, 2013 Author Report Share Posted March 29, 2013 (edited) Wait till they start talking about a Multiplier.... JM IMO Edited March 29, 2013 by yota691 7 Link to comment Share on other sites More sharing options...
billjr Posted March 29, 2013 Report Share Posted March 29, 2013 1166 is the ARTIFICIAL PROGRAM RATE. The natural rate according to thier economic feasibility study with IMF WAS 3.204. Who knows what they will come out at, but it is clear they want to get back to the 3+ range. 11 Link to comment Share on other sites More sharing options...
hammer911 Posted March 29, 2013 Report Share Posted March 29, 2013 IMO. when it says natural state, It means pre war. Because of the way it is worded... JMO..... Thanks again for the great post Yota!!! GO RV!!!~~~ 4 Link to comment Share on other sites More sharing options...
fishing Posted March 29, 2013 Report Share Posted March 29, 2013 I agree with you, JMO also, sound llike pre war! IMO. when it says natural state, It means pre war. Because of the way it is worded... JMO..... Thanks again for the great post Yota!!! GO RV!!!~~~ Thanks Yota! Link to comment Share on other sites More sharing options...
Bunk Posted March 29, 2013 Report Share Posted March 29, 2013 Dinar against the Dollar normal. But hopefully Link to comment Share on other sites More sharing options...
Shelley Posted March 29, 2013 Report Share Posted March 29, 2013 Great POST !!! Thanks Yota man Happy Good Friday DV 1 Link to comment Share on other sites More sharing options...
easyrider Posted March 29, 2013 Report Share Posted March 29, 2013 Hard to figure out what the "natural rate" for a currency is. I suspect the wording is a translation issue. 2 1 Link to comment Share on other sites More sharing options...
vomer Posted March 29, 2013 Report Share Posted March 29, 2013 http://www.youtube.com/watch?v=DdMUKLM0xJ0 DO DA DO! Link to comment Share on other sites More sharing options...
UNEEK Posted March 29, 2013 Report Share Posted March 29, 2013 GREAT JOB YOTA -- AS ALWAYS 2 Link to comment Share on other sites More sharing options...
TQueezy Posted March 29, 2013 Report Share Posted March 29, 2013 Where all mah lopsters at?! 2 2 Link to comment Share on other sites More sharing options...
10 YEARS LATER Posted March 29, 2013 Report Share Posted March 29, 2013 Xcellent Find ! !! But When. . . When ? Cmon you guys get this done 2 Link to comment Share on other sites More sharing options...
ronscarpa Posted March 29, 2013 Report Share Posted March 29, 2013 Thanks for the post Yota. I pray they get the ball rolling this weekend...! 1 Link to comment Share on other sites More sharing options...
geman Posted March 29, 2013 Report Share Posted March 29, 2013 OOOOORRRR by natural they mean lets naturally see where this thing goes. (ie float) just my 1 Link to comment Share on other sites More sharing options...
Cynthia AH Posted March 29, 2013 Report Share Posted March 29, 2013 HALLAUAH!!!!!!!!!!!!! Link to comment Share on other sites More sharing options...
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