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As a result of Chapter VII exit expect direct impact on dinar exchange rate, says Iraq Ministry of Planning


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   Posted: June 30, 2013 in Iraqi Dinar/Politics
Tags: Ban Ki-Moon, Chapter VII, Chapter VII of the United Nations Charter, Iraq, Iraqi dinar, kuwait, United Nation, United Nations Security Council

screen-shot-2013-06-30-at-11-58-15-am.pnPlanning expects the dinar improved
June 30, 2013

Minister of planning and development cooperation Minister of finance Youssef El shukrijumah agency should exit Iraq from Chapter VII will be reflected positively on the economy in the country.

He moved to the Iraqi national lllanbaa agency/Nina/”exit Iraq from Chapter VII will have a clear impact on economic growth and the exchange rate of the Iraqi dinar against other currencies.El shukrijumah said: “Iraq will be a positive and good after coming out of Chapter VII, which provides for Iraq to move on.

The UN Security Council on Thursday voted unanimously to exit Iraq from Chapter VII to chapter VI of the Charter of the United Nations.

The decision came after Secretary General Ban Ki-moon to eject Iraq from Chapter VII of its commitment to the implementation of United Nations resolutions on the question of Kuwait.

http://bit.ly/15VbVz1

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I like it!

”exit Iraq from Chapter VII will have a clear impact on economic growth and the exchange rate of the Iraqi dinar against other currencies.El shukrijumah said: “Iraq will be a positive and good after coming out of Chapter VII, which provides for Iraq to move on.

GO IRAQ! GO!
WM13
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i hope they do .. they have locked their own currency  rate since december 2009 .. no one else is doing this .. its the govt of iraq ..they got to increase the value .. they did in from 2006 thru 2009 and doubled its echange rate ,, do it again ..

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Hmmm. I did not see "in the coming days", "in the next few days", "soon" at all. I wonder how loooong they're going to talk about this issue before it's actually implimented? It says what we all want to hear but not much else . . . 'course I guess they really can't say date/rate, now can they ?

 

No Restrictions, 100% Free & Sovereign . . . no excuses for any delay that we are aware of, yes?

 

DO IT!  July 1. 2013 would do nicely thanks - or any day prior to the start of Ramadan, thanks. :twothumbs:

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