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A rate of $2.50? No...they are not talking rate here.


fib1618
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just get out a calculator and devide 1166 by 2.5 and you get 466.4 for a exchange rate 2 and a half times 



they can talk about a lop after they calculate the  new rate of 466 per dollar

Edited by dontlop
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Specific country characteristics, policymakers’ preferences, credibility of institutions and policymakers can influence the choice of regime. Most important factors influencing the decision are size and openness of the country to trade and financial flows, stage of economic and financial development, structure of trade and production, inflation records and the type of shocks the country faces. Once the decision is taken, a supportive policy environment, which includes prudent macroeconomic policies, consistent monetary policies and credible institutions, is needed for the exchange rate regime to maintain a stable and competitive exchange rate. In the presence of inconsistent policies and fiscal imbalances, crisis would be inevitable under any exchange rate regime.

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just get out a calculator and devide 1166 by 2.5 and you get 466.4 for a exchange rate 2 and a half times 

they can talk about a lop after they calculate the  new rate of 466 per dollar

So you are thinking you are going to gain a return of 2.5X your original investment?

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AHHH.......IQD looks like Iraq will go to at least a $1 USD or just below everyone has a lack information regarding  Iraq they are so rich with untapped resources. They have not even explored 70% of there own country. With those resources the are wealthy, If they decide to RV there currency they would shock there own system. Since Iraq has been using the USD if they were to Rv low under currently what $1 USD is rated at they would be in a bad situation. I know everyone is like no way the have trillions of USD to RV and indeed your right but your also wrong at the same time. When the event happens if they need more $ from the IMF it's going to happen and don't forget about there best friends China (A.K.A) Uncle Money Bags. The IMF does not want to renew the loans to Iraq but if Iraq RV's there going to be able to give a new loan and not a renew. I do have a hard Time with the whole > RI back to $3.00 + explain that backing, there are so many in and out's it will make your head hurt.

Edited by Hawaii 50
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So you are thinking you are going to gain a return of 2.5X your original investment?                  

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

                                                                                                                                        im thinking all kinds of things ..ive posted about 5000 times here on this site ..

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just get out a calculator and devide 1166 by 2.5 and you get 466.4 for a exchange rate 2 and a half times 

they can talk about a lop after they calculate the  new rate of 466 per dollar

Fib used to make some large bets that they won't change their value to anything better than 499 by the end of the year.

Your math + this article + Fib making that comment, makes taking the bet a little bit less risky LOL

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Someone posted this....

"I was reading that Iraq is saying they have increased their USD reserves to about $80billion. If that is true, I think that means they are able to cover all their IQD (around 33 trillion?) at an exchange rate of around 1 IQD to 2.50 USD."

Okie is that you???

;):D

Fib used to make some large bets that they won't change their value to anything better than 499 by the end of the year.

Your math + this article + Fib making that comment, makes taking the bet a little bit less risky LOL

All my bets still stand.

:D

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