going bonkers Posted August 26, 2010 Report Share Posted August 26, 2010 (edited) I believe you are correct at the $3.22 rate, however, you forgot that inflation was allowed to be added to that and I believe it was 20% for the 5-6 yrs making the RI rate $3.86 Go you stinkin RV, need it this month GO SKINS Edited August 26, 2010 by going bonkers 1 Link to comment Share on other sites More sharing options...
Stevarino Posted August 26, 2010 Author Report Share Posted August 26, 2010 Suggest you provide link to the IMF document you are referring us to. Want to believe this, but "trust but verify" seems like a good policy here. Thanks for the post. See Post #12 Link to comment Share on other sites More sharing options...
dweave69 Posted August 26, 2010 Report Share Posted August 26, 2010 discussed in July here. Go RV. Link to comment Share on other sites More sharing options...
bellas Posted August 26, 2010 Report Share Posted August 26, 2010 link........ http://www.imf.org/external/np/mfd/er/2004/eng/1204.htm//// Scroll down to the table at the bottom of the page, find Iraq and Read Note 6.. This is a 2004 document but nothing has changed since then!!! Go Dinar!!! DONT SEE ANYTHING THAT SAYS 3.22 1 Link to comment Share on other sites More sharing options...
dweave69 Posted August 26, 2010 Report Share Posted August 26, 2010 the info is the same on the 2006 IMF Document but different on this 2008 one. Crawling peg footnote #8 http://www.imf.org/external/np/mfd/er/2008/eng/0408.htm Still have not found the actual rate anywhere. Go RV. 1 Link to comment Share on other sites More sharing options...
Stevarino Posted August 26, 2010 Author Report Share Posted August 26, 2010 the info is the same on the 2006 IMF Document but different on this 2008 one. Crawling peg footnote #8 http://www.imf.org/external/np/mfd/er/2008/eng/0408.htm Still have not found the actual rate anywhere. Go RV. That's why its a Rumor!! Don't want to make it to easy!! 1 1 Link to comment Share on other sites More sharing options...
Doc31 Posted August 26, 2010 Report Share Posted August 26, 2010 (edited) Over valued ... without inflation added ... folks ... it's the rumor section with a link for crying out loud. Couldn't we all just dance on the table a while and think about how we'd set ourselves and others up in the event that it's true? Some of you folks are such giant buzz kills ... I'm not celebrating yet just smiling a lot and swaying to the music!!! ... How about you? Peace Doc31 Thanks for the post! Edited August 26, 2010 by Doc31 12 1 Link to comment Share on other sites More sharing options...
walter398 Posted August 26, 2010 Report Share Posted August 26, 2010 That's why its a Rumor!! Don't want to make it to easy!! the 8 refers to the number of counties on the crawling peg 5 anchored to the $ 3 anchored to othe currencies 1 Link to comment Share on other sites More sharing options...
mrref Posted August 26, 2010 Report Share Posted August 26, 2010 According to the IMF "Classification of Exchange Rate Arrangements and Monitary Policy Frameworks" document, Iraq is a de juris (by law) Regime presently in a de facto (by fact) Arrangement! The de juris Rate (according to the IMF = $3.22).. Therefore, an RI would be back to the legal Rate of $3.22.....Stevo.. WHERE DID YOU GET THIS INFORMATION FROM ?????IS THERE A LINK TO THIS ARTICLE ??? I SURE WOULD LIKE TO SEE THIS IN WRITING. THANKS 1 Link to comment Share on other sites More sharing options...
Riverdawg Posted August 26, 2010 Report Share Posted August 26, 2010 I sure don't know how you pull $3.22 out of that piece of information, it doesn't say anything about a rate... what am I missing except for the fact that we are all still smoking hopium... rd Link to comment Share on other sites More sharing options...
Short6 Posted August 26, 2010 Report Share Posted August 26, 2010 That is what I like to see some evidence! Bravo! Carrry-On my good man! Link to comment Share on other sites More sharing options...
muchodinaro Posted August 27, 2010 Report Share Posted August 27, 2010 Over valued ... without inflation added ... folks ... it's the rumor section with a link for crying out loud. Couldn't we all just dance on the table a while and think about how we'd set ourselves and others up in the event that it's true? Some of you folks are such giant buzz kills ... I'm not celebrating yet just smiling a lot and swaying to the music!!! ... How about you? Peace Doc31 Thanks for the post! Over valued ... without inflation added ... folks ... it's the rumor section with a link for crying out loud. Couldn't we all just dance on the table a while and think about how we'd set ourselves and others up in the event that it's true? Some of you folks are such giant buzz kills ... I'm not celebrating yet just smiling a lot and swaying to the music!!! ... How about you? Peace Doc31 Thanks for the post! I'm with you Doc. I'm celebrating also. Some people just don't believe an anything, and their job in life is to try and bring everyone else down. My mother always used the term " pitiful Pearl " to describe these individuals. Link to comment Share on other sites More sharing options...
Richardk Posted August 27, 2010 Report Share Posted August 27, 2010 Wasn't 3.22 the pre-war Dinar value? If I understand correctly the Statement is the Dinar will/must RI. Then 3.22 is the number. Now wouldn't be sweet. GO RI Link to comment Share on other sites More sharing options...
Banjolatusak Posted August 27, 2010 Report Share Posted August 27, 2010 Thanks for the info Stevarino. I have no doubt that you googled IMF,clicked on the official site link,and just started reading. What a concept! So easy a caveman could do it. Only a very lazy,overly demanding,condescending,egotist would insist you provide a "link" to prove the verasity of your post. For me, I'll just take your word for it. 1 Link to comment Share on other sites More sharing options...
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