Central Bank announced new controls to stabilize the exchange rate of the Iraqi dinar

[deniscanada]

Central Bank announced new controls to stabilize the exchange rate of the Iraqi dinar 

 

 | On 2013-07-22 | author faith Qasim | readings 5 |

 

  A member of the Finance Committee predicted Dler capable of improving the Iraqi dinar exchange rate and significantly against the U.S. dollar after the necessary measures taken by the central bank and out of Iraq from the provisions of Chapter VII.

 He said: "The Central Bank will take new measures and controls which supports the stability of the exchange rate of the Iraqi dinar against the U.S. dollar, where the correction of the errors will be signed by the Bank during the past period and that led to the low price of the Iraqi dinar."

 He added: "The withdrawal of Iraq from Chapter VII of the UN and will contribute significantly to support the exchange rate of the dinar because it would stimulate trade and economic movement of the country with various countries of the world and therefore will reflect positively on the exchange rate of the dinar against the hard currencies."

 The central bank announced its intention to take measures and new regulations for the sale of hard currency to support and stabilize the exchange rate of the Iraqi dinar against the U.S. dollar.

 And witnessed the exchange rate of the Iraqi dinar declined severely over the past few months, generating a great upheaval in the local market.

 

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[gregp]

I'm all for it. Been waiting. Thanks canada.

[sandfly]

SO NOW THEY WILL DO SOMETHING LIKE RV

[Boozer]

Just a lot of take, but no action

[PD46]

The world is waiting to be told what the alleged regulations and measures are. 

Iraqi politicians are mentally constipated inbreed ostriches with their heads stuck in the sand if they honestly believe this quote..............

 

"The withdrawal of Iraq from Chapter VII of the UN and will contribute significantly to support the exchange rate of the dinar because it would stimulate trade and economic movement of the country with various countries of the world and therefore will reflect positively on the exchange rate of the dinar against the hard currencies."

 

1166 to 1 is NOT reflecting positively against hard currencies.  What a joke!  I don't see the other countries trying to bust down the door to trade with Iraq. 

A sand dollar is worth more that the IQD at this point and time.   

I'm still waiting for Turki and the CBI to surprise me, as Turki said earlier this month about how we all would all be surprised. 

 

 

Edited July 22, 2013 by PD46

[SidneyJr]

I believe something when happen soon.  The question is when....

[Sweet baby dinar]

Thanks

[TLHUBER]

I think Turki is talking Turkey. Just wish I could understand it.

[Bunk]

 .....   ...... 

[10 YEARS LATER]

The world is waiting to be told what the alleged regulations and measures are. 

Iraqi politicians are mentally constipated inbreed ostriches with their heads stuck in the sand if they honestly believe this quote..............

 

"The withdrawal of Iraq from Chapter VII of the UN and will contribute significantly to support the exchange rate of the dinar because it would stimulate trade and economic movement of the country with various countries of the world and therefore will reflect positively on the exchange rate of the dinar against the hard currencies."

 

1166 to 1 is NOT reflecting positively against hard currencies.  What a joke!  I don't see the other countries trying to bust down the door to trade with Iraq. 

A sand dollar is worth more that the IQD at this point and time.   

I'm still waiting for Turki and the CBI to surprise me, as Turki said earlier this month about how we all would all be surprised. 

YEAH, WHAT YOU SAID . . . . couldn't agree more. Still ' waitin ' for our " Surprise ". Nothing but Hot Air in that town. You could supply an entire Hot Air Balloon Festival with all the ' gas ' that comes outta there.  Where's the BEEF ?

Edited July 22, 2013 by 10 YEARS LATER

[uncirculd]

Turki is scrambling, he is not qualified to do that job.  Maybe that will be in our favor.  Maliki calling the shots, cause Turki is a plant of maliki's.