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DinarThug

A Proposal To Make The Official Rate For The Dollar At The Central Bank In 1300 Dinars !

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CNN. Broadcasting My Own Proposal To Make The Dinar 1:1 With The Dollar !

 

 

(by walkingstick)

A proposal to make the official rate for the dollar at the central bank in 1300 dinars


05/31/2016

A proposal to make the official rate for the dollar at the central bank in 1300 dinars

 

BAGHDAD / JD / .. Parliamentary Finance Committee revealed, for a proposal by some economists to make the official price of $ 1,300 dinars, while suggesting that the central bank feared that because it will lead to more inflation in the market.
The rapporteur of the committee MP Ahmad Haji told / KD / that some economists have made a proposal to the Central Bank by making the official price of $ 1,300 dinars to face the financial crisis, but the central bank rejected on the grounds that it would lead to raising the price of the dollar in the market to more than 1,400 dinars to the dollar , and this will also lead to higher inflation rates in the market.
He added that the current dollar price determined by supply and demand rule, when the central bank reduces its sales when the dollar rises and pumping large quantities and price Baeks.anthy / 8 / fall 

http://www.dananernews.com/New.....hp?ID=7443

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o k  folksters  ,    this  is the  second  { 2 nd  }  article that I have  seen with the dollar going backward ,  what  the health ... splane   too me   how   they would do this  and make sense  ?     the dollar goes  down in value -----  and the dinar  goes nowhere  :blink:  how  the hell  would any one  make any spending cash over there ?   { HEY   RIAQI   DUDES  ------ >  BRING  THE DINAR UP TOO  THE DOLLAR   ya  ding  dongers   }  you may quote me  there  :lol:

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This one made me laugh, there is no way they would make the Dinar worth less then it is now. But it would be a great thing to say if they had plans to go the other way imop.

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Thanks Thug! Hope all is well .

The Market Rate has been at 1290 for over a week now. That's about 9.25% less than the posted CBI rate of 1182. Sure It could be better but it could also be a whole lot worse.

Time will shirley tell.

 

 

 

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Why the 100 dollar note in the 1300 Dinar article? Could it be 1 Dinar = .07692308?

1300 x .07692308 = $100.00

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Could this be another strategy to continue reducing the note count before an increase of exchange rate.

Creating fear in the people to get rid of the dinars they hold.

Dollarize... Increase exchange rate... Dedollarize 

 

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To put another spin on it, we all no that all country's not just Iraq auction the dollar for there foreign reserves. Why is it we only believe the Iraq dinar adjusts the dollar?

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Economy News / special

Revealed the parliamentary finance committee member Majda al-Tamimi The proposal presented by some specialists to the financial affairs of the Finance Committee that considers the official price of $ 1,300 dinars, indicating that the Commission is considering this proposal and other proposals

And showed Tamimi in an interview for "Economy News", some economists have made a proposal to the Finance Committee by making the official price of $ 1,300 dinars to cope with the financial crisis, Ymsheerh that the proposal presented to the Central Bank, but were turned down because, according to the bank that it will raise the price of the dollar in the market leading to high inflation rates in the market.

Al-Tamimi said that the proposal will examine the Commission and also there are proposals concerning the sale of the dollar window, noting that the current price of the dollar determined by supply and demand rule, when the central bank reduces its sales when the dollar rises and pumping large volumes declining price and vice versa.

AJ

Views 528   Added 06/03/2016 - 17:37   Last updated 06/04/2016 - 12:12   No. Content 3785
 
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The finance committee needs to keep their nose out of the cbi and quit talking in the papers about what they think needs to be done. No wonder the citizens are confused all the time. I cannot wait for the day when the banking laws are finally passed, and the finance committee shuts up.

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Glad you guys have the finger on the pulse :).  I am resigned that the dinar will take another 20yrs to get close to $.20!  But its good to see the optimism :)

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mmmmm  ofcamelot -- seems   a few  do not  like  the  time frame  you  give  ....    I gave you  a  +   too up  the  deal for you  ,   only  because   if it is going to take  20 years to get too  . 20cents ,  then  by next year  it will be worth  .o1  cent  , with your  time line logic  :P 

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2 hours ago, jeepguy said:

mmmmm  ofcamelot -- seems   a few  do not  like  the  time frame  you  give  ....    I gave you  a  +   too up  the  deal for you  ,   only  because   if it is going to take  20 years to get too  . 20cents ,  then  by next year  it will be worth  .o1  cent  , with your  time line logic  :P 

Even at 01 cent jeep, that's a hell of a return:huh:

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