yota691 Posted July 22, 2013 Report Share Posted July 22, 2013 The dollar is dying 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. 9 Link to comment Share on other sites More sharing options...
The Machine Posted July 22, 2013 Report Share Posted July 22, 2013 oooooh I like this one 2 1 Link to comment Share on other sites More sharing options...
waterman13 Posted July 22, 2013 Report Share Posted July 22, 2013 There's my $3.3 again. (OK, he left a 3) GO RV @ $3.33 WM13 5 Link to comment Share on other sites More sharing options...
1lucdog Posted July 22, 2013 Report Share Posted July 22, 2013 Encouraging Info thanks! Link to comment Share on other sites More sharing options...
vomer Posted July 22, 2013 Report Share Posted July 22, 2013 Can't make doodle out of it. Guess they're reaching for 3.33? Link to comment Share on other sites More sharing options...
jeepguy Posted July 22, 2013 Report Share Posted July 22, 2013 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 4 Link to comment Share on other sites More sharing options...
rocky808 Posted July 22, 2013 Report Share Posted July 22, 2013 sure I like the old rate of 3+ but I also see they are referring to get the dinar to the dollar a 1/1 which is nice too! Link to comment Share on other sites More sharing options...
Psych Posted July 22, 2013 Report Share Posted July 22, 2013 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. 1 1 Link to comment Share on other sites More sharing options...
jeepguy Posted July 22, 2013 Report Share Posted July 22, 2013 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 Link to comment Share on other sites More sharing options...
_RFJ Posted July 22, 2013 Report Share Posted July 22, 2013 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. Link to comment Share on other sites More sharing options...
stealthwarrior Posted July 22, 2013 Report Share Posted July 22, 2013 It will gradually move to 1 to 1 as their econamy grows.how long will that take? days,weeks months,years Link to comment Share on other sites More sharing options...
SocalDinar Posted July 22, 2013 Report Share Posted July 22, 2013 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 Link to comment Share on other sites More sharing options...
supergirl Posted July 22, 2013 Report Share Posted July 22, 2013 (edited) There's my $3.3 again. (OK, he left a 3) GO RV @ $3.33 WM13 wooomp there it is.... ha.... you've been saying that forever. i hope it happens for us or more. Edited July 22, 2013 by supergirl Link to comment Share on other sites More sharing options...
uncirculd Posted July 22, 2013 Report Share Posted July 22, 2013 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. Link to comment Share on other sites More sharing options...
ezrapound Posted July 22, 2013 Report Share Posted July 22, 2013 If it came out at 3.33, they'd be calling the paramedics for me for a coronary and getting out the jaws of life to unclench my buttocks! 3 Link to comment Share on other sites More sharing options...
Tripphood Posted July 22, 2013 Report Share Posted July 22, 2013 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! 1 Link to comment Share on other sites More sharing options...
magawatt Posted July 22, 2013 Report Share Posted July 22, 2013 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). 1 Link to comment Share on other sites More sharing options...
SocalDinar Posted July 23, 2013 Report Share Posted July 23, 2013 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 . 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. 1 Link to comment Share on other sites More sharing options...
sillyseaserpent Posted July 23, 2013 Report Share Posted July 23, 2013 Maybe. Just maybe, This has been backroom done. (similar to Kuwait)? GO RV! Link to comment Share on other sites More sharing options...
Shinnidan Posted July 23, 2013 Report Share Posted July 23, 2013 .................. $3.33/per? Hmmm...probably never going to happen in me life time...but me kids will enjoy it more than me will. *sighs* Link to comment Share on other sites More sharing options...
vomer Posted July 23, 2013 Report Share Posted July 23, 2013 Oh, the dollar is dying? Mmmm .. so am I. Link to comment Share on other sites More sharing options...
magawatt Posted July 23, 2013 Report Share Posted July 23, 2013 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. Link to comment Share on other sites More sharing options...
EagleEye Posted July 23, 2013 Report Share Posted July 23, 2013 we hope for the return of Iraqi dinar exchange rate against 3.3 dollars as it was yeah we hope for that too....now push the button already !!! Link to comment Share on other sites More sharing options...
magawatt Posted July 23, 2013 Report Share Posted July 23, 2013 Let's see, $3.3 plus shipping and handling comes to $7.00. Dang, Okey was right after all! Link to comment Share on other sites More sharing options...
Boozer Posted July 23, 2013 Report Share Posted July 23, 2013 O K . Mr Turkey stop running around like a chicken with your head cut off and push the button, gobble gobble Link to comment Share on other sites More sharing options...
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