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23/07/2013 12:00 AM 

Yasser incumbent 
expectations of a number of experts, finance and economy collapse of the dollar is not at the global level because he is still master of the currencies in most countries of the world but مايهمنا at the level of the exchange rate in Iraqi dinars, we hope for the return of Iraqi dinar exchange rate against 3.3 dollars as it was, but this dream difficult to achieve and reach It is not possible to achieve in light of global variables but achievable to get into a price equal any one dollar against the dinar. 
dream second can be achieved gradually, if we have a good deal this spirit of cooperation between the central bank and private banks, while led this cooperation to control the volatility that has plagued Sarsrv dollar these days. 
Frouhah joint action and application instructions and procedures aimed at the central bank by private banks contributed to this done and required perpetuate this deal with crises and work in a spirit of team work one to achieve the common goal Alaoho achieve stability in the exchange rate in order to Aaneks on the performance of the Iraqi market trends in inflationary For اتحمد consequences. 
response informed by private banks and support for the crackdown of the central bank contributed to the reduction of the dollar exchange rate against the dinar and return to prices prevailing before the crisis, the central and its repercussions were measures to reduce prices by banks to less than planned contribution to stop the fluctuation in the exchange rate and continued measures reduction at the expense of profits of banks that the price reached to 1180 dinars last Saturday but emerged this time is a healthy phenomenon by banks are competing in the reduction where informed Gulf Bank hour to prepare this column yesterday cut a new rate of tiger one so sold since this day by 1179 dinars. 
thus permission requires dealing with this vital and important, and administration was the old central bank is trying to deliver Sarabv during the current year to 1,000 dinars, but the circumstances that engulfed بالمركزي prevented achieved, we see the possibility that the new administration to achieve the target if the pace of handling and dealing with banks for this style Upscale by the central bank. 
and there are indications require access to this price, which is not the last but followed by a reduction of new progressive as I said until we achieve equal Aotsawi the real value of the Iraqi dinar due to يتسيد other currencies and the qualifications of the Iraqi economy and its potential is considerable and help to reach the exchange rate against JD dollars in phases expected to experts determined three years, subject to increase and decrease, respectively on the circumstances. 
that expectations about the possibility of the return of the power of the Iraqi dinar but brings hope to achieve this dream, but what can we explain the exchange rate so in a country wealth humbling, these expectations were built on perceptions of experts from the exit Iraq and the salvation of the provisions of Chapter VII but ستؤول to achieve reform and economic stability and to achieve the goals, all in the forefront of the return of Iraqi dinar to its real power and this vision and perceptions must be accompanied by better performance and denial of departments efficient. 
believe that the stability of exchange rates one of the most important means of achieving economic stability and Central Bank and the banks responsibility for achieving the goal of price stability and the return of the real value of the Iraqi dinar to the dollar collapses fact in front of our national currency.

 

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excellent  post buddy !  but take note everyone ------> 3.3  is difficult to reach  with the global variables ,,, but 1 to 1 is achievable ,  with a slow growth { floater }  <-------- hoping they at least come out at .25 cents per --- but they are telling us 1000 to 1 is next stop ,, after that I would imaging the zero`s will fall off and it will move toward 1 to 1  ......  very good post  

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excellent  post buddy !  but take note everyone ------> 3.3  is difficult to reach  with the global variables ,,, but 1 to 1 is achievable ,  with a slow growth { floater }  <-------- hoping they at least come out at .25 cents per --- but they are telling us 1000 to 1 is next stop ,, after that I would imaging the zero`s will fall off and it will move toward 1 to 1  ......  very good post

That's exactly what I got out of it. But it looks like everthing has to go just right. I can be patient....as long as the wait isn't to break even.

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That's exactly what I got out of it. But it looks like everthing has to go just right. I can be patient....as long as the wait isn't to break even.

man I hear ya ----- seems like they are  at least talking about how nice it was with 3.3 dinar values  so they haven`t totally forgot what that was like,, and maybe they will really come out higher than the 1 to 1 values   something like 1.13 to 1.30   but  the 1ooo to 1 is most likely the start

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Many articles coming out recently that point to something happening. I think, based on the frequency of several per day, something is going to happen sooner than later. However, unless the article says "Central Bank:" it's just an opinion piece that contains the opinion of whoever wrote it. Nothing more, nothing less.

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excellent  post buddy !  but take note everyone ------> 3.3  is difficult to reach  with the global variables ,,, but 1 to 1 is achievable ,  with a slow growth { floater }  <-------- hoping they at least come out at .25 cents per --- but they are telling us 1000 to 1 is next stop ,, after that I would imaging the zero`s will fall off and it will move toward 1 to 1  ......  very good post  

I like 25 cents a heck of a lot but hoping for at least 10 cents.

at 25 Cents they could retire all of the triple zero notes while introducing some 1s, 5s 10s and of course the fils. Question is how long will they let us hold onto them

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A one to one is a nice profit.  who knows what they really mean.  There is so much chaos and confusion there between them, that sometimes you just wanna tell them don't speak until you can focus and be productive.

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It will gradually move to 1 to 1 as their econamy grows.how long will that take? days,weeks months,years

Question is, when are they gonna go to 1000:1? I'll take anything as long as it is positive movement, NOW PEASE!

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It will gradually move to 1 to 1 as their econamy grows.how long will that take? days,weeks months,years

If the rate of change is only based on how fast the Iraqi economy expands it may be slow linear growth. If the dinar comes out at a significant level (say 25¢) there could be a rush on the dinar pushing it up to a dollar+ very quickly (sez the guy who can't balance a checkbook).

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If the rate of change is only based on how fast the Iraqi economy expands it may be slow linear growth. If the dinar comes out at a significant level (say 25¢) there could be a rush on the dinar pushing it up to a dollar+ very quickly (sez the guy who can't balance a checkbook).

I've always wondered Magawatt how we holding dinar adversely effect its value. It needs to be used to expand their economy.

 

Velocity of money

From Wikipedia, the free encyclopedia
 

The velocity of money (also called velocity of circulation and, much earlier, currency) is the average frequency with which a unit of money is spent on new goods and services produced domestically in a specific period of time. Velocity has to do with the amount of economic activity associated with a given money supply. When the period is understood, the velocity may be presented as a pure number; otherwise it should be given as a pure number over time.

If, for example, in a very small economy, a farmer and a mechanic, with just $50 between them, buy new goods and services from each other in just three transactions over the course of a year

  • Farmer spends $50 on tractor repair from mechanic.
  • Mechanic buys $40 of corn from farmer.
  • Mechanic spends $10 on barn cats from farmer.

then $100 changed hands in the course of a year, even though there is only $50 in this little economy. That $100 level is possible because each dollar was spent on new goods and services an average of twice a year, which is to say that the velocity was 58c77deba69571464e62b1689d7aa00e.png. Note that if the farmer bought a used tractor from the mechanic or made a gift to the mechanic, it would not go into the numerator of velocity because that transaction would not be part of this tiny economy's gross domestic product.

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Socaldinar:

I've always wondered Magawatt how we holding dinar adversely effect its value. It needs to be used to expand their economy.

_________

I've seen more than a few references that the amount that mom & pop speculators (us) hold is insignificant compared to nations.

How accurate is that? Not a clue. I'll guess that the US has some, and will own ours when we convert dinars to dollars, I imagine Iran holds quite a few too.

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