Islandgirl7 Posted June 27, 2013 Report Share Posted June 27, 2013 Been gone for a while....BUT...Reuters is WRONG....Watch for yourself... http://webtv.un.org/watch/daily-press-briefing-sg-travel-security-council-iraq-monusco-somalia-vienna-unicef/2513358615001 http://webtv.un.org/watch/h.e.-mr.-hoshyar-zebari-iraq-security-council-media-stakeout-27-june-2013/2513353104001/ GO RVVVV!!!! 1 Link to comment Share on other sites More sharing options...
Don & Rocio Posted June 27, 2013 Report Share Posted June 27, 2013 Here is what I got of value out of the Reuters statement: The Security Council resolution recognized "the importance of Iraq achieving international standing equal to that which it held prior to (1990)." U.S.-led troops drove Iraq out of Kuwait in the 1991 Gulf War. Now, what was the Dinar value prior to 1990??????? Dinar value prior to 1990 was $3.20 to one dinar Link to comment Share on other sites More sharing options...
Snatcher Posted June 27, 2013 Report Share Posted June 27, 2013 (edited) Not sure, but I bet it was a lot more than it is NOW. think it was over $2. Actually it was wayyyyyyyyyyyy less than 2 dollars it was .0069 Average at 01/01/1990. Just go here and type in the date you want to look at... http://www.oanda.com/currency/converter/ Edited June 27, 2013 by Snatcher Link to comment Share on other sites More sharing options...
The Machine Posted June 27, 2013 Author Report Share Posted June 27, 2013 Actually it was wayyyyyyyyyyyy less than 2 dollars it was .0069 Average at 01/01/1990. Just go here and type in the date you want to look at... http://www.oanda.com/currency/converter/ Thats true but in 1995 1 IQD = $1.66 1 Link to comment Share on other sites More sharing options...
Snatcher Posted June 27, 2013 Report Share Posted June 27, 2013 Thats true but in 1995 1 IQD = $1.66 well let's hope they go back to that, but wasn't that what Saddam raised it to? Kuwait was invaded in Aug of 1990. Link to comment Share on other sites More sharing options...
Don & Rocio Posted June 27, 2013 Report Share Posted June 27, 2013 Actually it was wayyyyyyyyyyyy less than 2 dollars it was .0069 Average at 01/01/1990. Just go here and type in the date you want to look at... http://www.oanda.com/currency/converter/ Kinda confusing but this says prior to gulf war it was at $3.21...to the dinar http://www.exchangerate.com/currency-information/iraqi-dinar.html Link to comment Share on other sites More sharing options...
The Machine Posted June 27, 2013 Author Report Share Posted June 27, 2013 Kinda confusing but this says prior to gulf war it was at $3.21...to the dinar http://www.exchangerate.com/currency-information/iraqi-dinar.html That's what Saddam raised it to 1 Link to comment Share on other sites More sharing options...
uncirculd Posted June 27, 2013 Report Share Posted June 27, 2013 this arms sanctions still exist. thank goodness because maliki is already off to russia. already trying to spend the folks money. The only issues linked to Iraq's invasion of Kuwait that remain under Chapter 7 are an arms embargo and Baghdad's payment of $52 billion in compensation to Kuwait, diplomats say. Iraq still owes $11 billion and has said it expects to pay by 2015. Link to comment Share on other sites More sharing options...
Lenape Posted June 27, 2013 Report Share Posted June 27, 2013 My Mother- In -Law just told me to stop PPPP my Pants because when they tell you about it then you will be Happy....I just checked my Warka Account and it still remains the same.....God Bless. Go R V.. 1 Link to comment Share on other sites More sharing options...
Doctor Smith Posted June 28, 2013 Report Share Posted June 28, 2013 When Sadam was a baby it was over 3 Dollars. Link to comment Share on other sites More sharing options...
alarinn Posted June 28, 2013 Report Share Posted June 28, 2013 Still, we have no idea what will happen now. One thing I've read is Iraq does not have to RI/RV since they are a sovereign nation. Also, one thing I have to call out on some of the gurus is the dong did not RV. In fact, it devalued further. So much for the global reset crap I've seen on a number of dinar blogs (I have not seen them here). TerryK spouting all spring about how the dong was going to revalue to .47 was about as wrong as anyone could ever get. Sorry, needed to vent a little:-) Now to wait and see what happens to the dinar. Link to comment Share on other sites More sharing options...
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