What will CBI do in June? Take a vote.

[rockfl9]

Sitting on hands does take some effort, initially!

[keepmwlknfny]

A........getting the market rate to match or beat the official rate is where you have to start.....

 

Luigi, do you understand what the new Basel system is about??

Edited June 2, 2013 by keepmwlknfny

[Roadrunner]

I will let you all know this weekend which one I will pick. I don't like how it all smells again. Its just like last June and the June before that. I like to have my glass half empty so I might be surprised later.  

 

The Dude Abides...

If the glass is half empty, there is still room for vodka. I am going with the dude on this.

 

Roadrunner

[waterman13]

E. with a caveat: it's not $3.42

Staying with my Mantra "Go RV @ $3.33"

 

I have NO idea actually. 1 to 1 would be good. I'll just about take anything at this point. $.10?

What will the CBI do in June? ..... Probably nothing .... just like the GOI.

 

GO RV @ $3.33

WM13

Edited June 2, 2013 by waterman13

[Boozer]

A

[vomer]

They will do nothing.

[SWFloridaGuy]

 

You must choose... but choose wisely.  

 

 

Edited June 2, 2013 by SWFloridaGuy

[pattyangel]

Good one SWFG

[securityguy]

I also say "A"

[hame55]

Unfortunately IF the CBI declared a 1 to 1... No one Outside of Iraq would support that rate.. AND Iraqi's that spent dinar to stockpile dollars would be very angry. You can bet that would include a lot of powerful Iraqi's..

Disagree. The foreign markets would certainly support 1:1 given the rates in teh ME in oil-rich states

Powerful Iraqis are stockpiling not dollars, but dinar IF they think a revalue is possible, as we are. 

[armondtoth]

I say D

[handy]

A for now but imho, D by EOY.

[rkpdwp]

from another news source...

 

CBI secret plan to raise the IQD against the USD.

 

 

June 2013 Secret Procedures For Recovery Of The Dinar Against The Dollar.

 

30-05-2013-With the continuing decline of the dinar against the dollar since the Central Bank sales and change management, informed sources said that the Central Bank will start next month with the opening of documentary credits in banks to the dollar exchange rate dinar to normal and prevent a recurrence of the situation of exchange rate volatility.

 

Read more. See Arabic link below then go to Google translate...

 

http://bit.ly/Zy219t

 

 

 

What will CBI do in June? Take a vote or give your opine.

 

A-CBI will restore the street rate back to 1160.

 

B-CBI will move the rate a few pips to test the system.

 

C-CBI will float to 1,000 to prepare for easy 1 to 1 RV.

 

D-RV to 1 to 1.

 

E-RV 3.42 to 1.

Here Luigi's vote...I go with B.

CBI will test the system & adjust the rate a few pips like it did going from 1170 to 1166 in anticipation of the software & Basil III compliance. CBI is not ready for a RV for political & security reasons.

I say they will do nothing.

[SocalDinar]

Has the market rate ever been at 1160? I could be wrong.

 

I'll say B

[zigmeister]

Has the market rate ever been at 1160? I could be wrong.

 

I'll say B

You know what I think?  I think the street rate has never been 1160, let alone 1170.  The money changers had to make money on their little enterprise, so no I believe it has always been much higher than the supposed 1160.  Now the people figured it out, go get dollars with their dinars and sell it to any little Iranian walking main street.

[magawatt]

They already pip'd and nothing seemed to break so I'll go with C.

Not a giant change, but the odometer effect will be significant.

[Francie26]

i'll go with Hame55, and say D. 

 

(This is probably the only time I will ever agree with him about anything at all ever, but given his view of most things, once isn't bad. lol)

 

(Hey, Hame55!! ) 

[hame55]

i'll go with Hame55, and say D. 

 

(This is probably the only time I will ever agree with him about anything at all ever, but given his view of most things, once isn't bad. lol)

 

(Hey, Hame55!! ) 

Oh, you agree!

That is new! Perhaps you read my novel about the secret American empire, based on a true story.

ANd then stop voting Republican (and Democrat)

LOL

Edited June 4, 2013 by hame55

[hbrill61]

In June ? F-Nuttin.

[Bored]

Anyone notice that since E1's latest claim the cbi hasn't updated? Obviously not conclusive, just interesting...

[teresa43]

from another news source...

 

CBI secret plan to raise the IQD against the USD.

 

 

June 2013 Secret Procedures For Recovery Of The Dinar Against The Dollar.

 

30-05-2013-With the continuing decline of the dinar against the dollar since the Central Bank sales and change management, informed sources said that the Central Bank will start next month with the opening of documentary credits in banks to the dollar exchange rate dinar to normal and prevent a recurrence of the situation of exchange rate volatility.

 

Read more. See Arabic link below then go to Google translate...

 

http://bit.ly/Zy219t

 

 

 

What will CBI do in June? Take a vote or give your opine.

 

A-CBI will restore the street rate back to 1160.

 

B-CBI will move the rate a few pips to test the system.

 

C-CBI will float to 1,000 to prepare for easy 1 to 1 RV.

 

D-RV to 1 to 1.

 

E-RV 3.42 to 1.

Here Luigi's vote...I go with B.

CBI will test the system & adjust the rate a few pips like it did going from 1170 to 1166 in anticipation of the software & Basil III compliance. CBI is not ready for a RV for political & security reasons.

F-none of the above, they are going on a Holiday

[SocalDinar]

Socialism succeeds when everyone is left with nothing

[ALBUNDY]

G. Ask the crystal ball the rate and the exact date in the Month of June 2013.

[10 YEARS LATER]

It would appear that Most not All Iraqi Politicians are more concerned about talking about a problem than they are in really accomplishing anything at all.

 

Accomplishments are not so important, critical, part of the mind set or goal setting priorities to these people. It's something that happens eventually, whenever that might occur. . . doesn't seem to matter how long it takes.

 

It's the back & forth, verball wrestling match & the one upmanship that's more important. Ridiculous pride & tribal brinkmanship at stake. It's as if the country & it's peoples' prosperity are secondary to misplaced tribal values & equally misguided sense   "honor"  or losing "Face."

 

What a state of affairs to be caught up in.

[Maggie123]

NADDA