Luigi1 Posted January 6, 2017 Report Share Posted January 6, 2017 1-5-2017 Newshound Guru Enorrste ...it is my understanding...while under article XIV the dinar is not "internationally tradable" as we would normally use the term. It is true that one can buy physical dinars, but the dinar is not "traded" on any exchanges as we normally think of that term. Second, being under article XIV...also offers Iraq legal protection against lawsuits. It is this protection that, effectively, stalls any significant trade between Iraq and the rest of the world. The big players won't take the risk if they don't have some recourse legally. Therefore...practically speaking getting out of Article XIV and into Article VIII is nearly necessary before anything will happen to the value of the dinar. 1-5-2017 Newshound Guru Kaperoni ...the dinar is legal tender and internationally convertible now. It is just that the CBI is under Article XIV that makes banks shy away from engaging with the CBI and dinar (because it is risky and banks by nature are usually conservative). That is a choice for banks to make. Article VIII simple means that the CBI has met a level of compliance and international standards under the IMF. Which then would be much more inviting for banks to want to engage with Iraq. 3 3 Quote Link to comment Share on other sites More sharing options...
SgtFuryUSCZ Posted January 6, 2017 Report Share Posted January 6, 2017 ***//// GURU FIGHT...! Fight!, fight...! If they off each other, it saves us the trouble ! 2 Quote Link to comment Share on other sites More sharing options...
Starrider Posted January 6, 2017 Report Share Posted January 6, 2017 3 minutes ago, SgtFuryUSCZ said: ***//// GURU FIGHT...! Fight!, fight...! If they off each other, it saves us the trouble ! lol 2 Quote Link to comment Share on other sites More sharing options...
skeetdog Posted January 6, 2017 Report Share Posted January 6, 2017 .....Buy'em a mule...Buy'em some books then send'em to school....and what do they do...stand on the books and hump the damn mule... 4 Quote Link to comment Share on other sites More sharing options...
bostonangler Posted January 6, 2017 Report Share Posted January 6, 2017 2 minutes ago, skeetdog said: .....Buy'em a mule...Buy'em some books then send'em to school....and what do they do...stand on the books and hump the damn mule... That's beautiful man... I can't stop laughing at that one... Kudos!!! B/A 1 Quote Link to comment Share on other sites More sharing options...
SgtFuryUSCZ Posted January 6, 2017 Report Share Posted January 6, 2017 ***/// Classic SKEETer with our morning coffee... ahhh... life's great up in here ! 2 Quote Link to comment Share on other sites More sharing options...
sandfly Posted January 7, 2017 Report Share Posted January 7, 2017 Skeetdog that's funny 1 Quote Link to comment Share on other sites More sharing options...
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