Bunk Posted July 11, 2022 Report Share Posted July 11, 2022 19 hours ago, NEPatriotsFan1 said: We’ll based on the fact that we know govts lie to the people, we should be at the bank by Tuesday or Wednesday! 😂😂 Should We bring a sleeping bag?🛌 3 4 Quote Link to comment Share on other sites More sharing options...
rvmydinar Posted July 11, 2022 Report Share Posted July 11, 2022 8 hours ago, chris2028 said: I have seen numerous mentions of that on this dinar site. I'm sure many on here have as well. I was just making a blanket statement that apparently when Kuwait made their rate change they were constantly stating it wouldn't be changed and then right after that it was changed without notice. So we shall see! Thanks for your clarification. As you said, we"ll wait and see. 1 Quote Link to comment Share on other sites More sharing options...
rvmydinar Posted July 11, 2022 Report Share Posted July 11, 2022 15 hours ago, edbeach said: There it is again-denial of changing the exchange rate of the dollar against the Iraqi dinar. From the Deputy Governor of the CBI, Ammar Khalaf. We were always told only listen to the CBI. Well there we have it again direct from CBI, the Deputy Governor of CBI May be behind their denial , they have a secret purpose to confuse and keep dinar investors away from owning and buying more dinars. We'll wait and see. 11 hours ago, Fairways&Greens said: when they repeatedly say they have no plans to change the exchange rate, they definitely have plans to change the exchange rate. That's what I am thinking, too. 5 1 Quote Link to comment Share on other sites More sharing options...
screwball Posted July 11, 2022 Report Share Posted July 11, 2022 23 hours ago, yota691 said: Depending on the circumstances." when the system collapse their rate will change 1 2 Quote Link to comment Share on other sites More sharing options...
screwball Posted July 11, 2022 Report Share Posted July 11, 2022 the monetary system collapse and it will before mid terms then they will change the rate......... 1 2 2 Quote Link to comment Share on other sites More sharing options...
yota691 Posted July 11, 2022 Author Report Share Posted July 11, 2022 “Central of Iraq”: There is no plan to change the dinar exchange rate 5 years ago WRITTEN BY: AL BAGHDADIA EDITOR 07-11-2022 PAGE VIEWS 10 The Central Bank of Iraq confirmed that there is no justification for changing the exchange rate of the dollar against the Iraqi dinar, considering that the economic circumstance is the main criterion for changing the exchange rate. Deputy Governor of the Central Bank, Ammar Khalaf, said in a statement to the Iraqi News Agency (INA) that “the exchange rate at the present time, in our belief as a monetary authority, there is no justification for changing it,” explaining, that “changing the exchange rate remains within the monetary authority’s policy and according to circumstances.” He also pointed out that "during the years from 2004 until now, the exchange rate has changed more than once, depending on the circumstances, whether to increase or decrease." Today, Sunday, the exchange rates amounted to 1484 dinars per dollar for purchase, and 1483 dinars for sale. 1 1 Quote Link to comment Share on other sites More sharing options...
Longtimelurker Posted July 11, 2022 Report Share Posted July 11, 2022 30 minutes ago, screwball said: the monetary system collapse and it will before mid terms then they will change the rate......... It makes sense 👍 2 Quote Link to comment Share on other sites More sharing options...
6ly410 Posted July 11, 2022 Report Share Posted July 11, 2022 Central Bank of Iraq: "No Future Plan to change Exchange Rate" 11th July 2022 in Iraq Banking & Finance News, Iraq Industry & Trade News Central Bank of Iraq: "No Future Plan to change Exchange Rate" | Iraq Business News (iraq-businessnews.com) By John Lee. The Central Bank of Iraq (CBI) has said that there is no justification for changing the exchange rate of the Iraqi dinar relative to the US dollar. CBI Deputy Governor, Ammar Khalaf, confirmed to the official Iraqi News Agency (INA) that, "in our belief as a monetary authority, there is no justification for changing it ... changing the exchange rate remains within the monetary authority's policy and according to circumstances." He repeated that economic circumstances are the main criterion, and "there is no future plan to change the exchange rate ... there is no justification or need to modify it." Since the change of regime in Iraq in 2003, many unsophisticated investors in the United States have been persuaded to buy Iraqi dinars in the hope of stratospheric upward revaluations. 1 1 Quote Link to comment Share on other sites More sharing options...
6ly410 Posted July 11, 2022 Report Share Posted July 11, 2022 1 1 Quote Link to comment Share on other sites More sharing options...
Shedagal Posted July 11, 2022 Report Share Posted July 11, 2022 1 hour ago, screwball said: the monetary system collapse and it will before mid terms then they will change the rate......... Love it when a plan comes together. 6 Quote Link to comment Share on other sites More sharing options...
Dinarrock Posted July 11, 2022 Report Share Posted July 11, 2022 1 hour ago, screwball said: the monetary system collapse and it will before mid terms then they will change the rate......... And how do you know this?? Quote Link to comment Share on other sites More sharing options...
edbeach Posted July 11, 2022 Report Share Posted July 11, 2022 Even if they did change the exchange rate back to what it was or near that say what thinking 1200 dinars to 1.00 dollar this would not do any good for us.still a 1/6 of a penny. Plus I feel they would wait another 3 to 5 yrs before they made any future changes. Our only hope wold be they change & put it out as a float or forget hoping for a change of 1200 dinar which again is unless. JMO 1 Quote Link to comment Share on other sites More sharing options...
Half Crazy Runner Posted July 11, 2022 Report Share Posted July 11, 2022 5 hours ago, screwball said: the monetary system collapse and it will before mid terms then they will change the rate......... That works for me 1 5 Quote Link to comment Share on other sites More sharing options...
edbeach Posted July 11, 2022 Report Share Posted July 11, 2022 Screwball Where is your source where they will change the rate. Plus what is the date of mid terms? Quote Link to comment Share on other sites More sharing options...
DoD Posted July 11, 2022 Report Share Posted July 11, 2022 Has anyone seen an article from the CBI governor? I don’t really put to much credibility in the deputy governor because he can always become the fall guy for fake news or fake information. Let’s hear it from the governor himself, is he to busy to put out an article about the exchange rate not changing? hmmmm 5 2 Quote Link to comment Share on other sites More sharing options...
keylime Posted July 11, 2022 Report Share Posted July 11, 2022 6 hours ago, 6ly410 said: They have no "Future" plan because they have a "Past" plan which will be to change it in the future! 1 1 2 Quote Link to comment Share on other sites More sharing options...
SocalDinar Posted July 11, 2022 Report Share Posted July 11, 2022 Shabs always spoke of the stability of Iraq being key. 3 Quote Link to comment Share on other sites More sharing options...
dinarham Posted July 11, 2022 Report Share Posted July 11, 2022 So much talk about not changing the exchange rate makes me think it's in the top of their minds to actually change it. They doth protest too much, 9 Quote Link to comment Share on other sites More sharing options...
Stelardoc Posted July 11, 2022 Report Share Posted July 11, 2022 8 hours ago, 6ly410 said: Central Bank of Iraq: "No Future Plan to change Exchange Rate" 11th July 2022 in Iraq Banking & Finance News, Iraq Industry & Trade News Central Bank of Iraq: "No Future Plan to change Exchange Rate" | Iraq Business News (iraq-businessnews.com) By John Lee. The Central Bank of Iraq (CBI) has said that there is no justification for changing the exchange rate of the Iraqi dinar relative to the US dollar. CBI Deputy Governor, Ammar Khalaf, confirmed to the official Iraqi News Agency (INA) that, "in our belief as a monetary authority, there is no justification for changing it ... changing the exchange rate remains within the monetary authority's policy and according to circumstances." He repeated that economic circumstances are the main criterion, and "there is no future plan to change the exchange rate ... there is no justification or need to modify it." Since the change of regime in Iraq in 2003, many unsophisticated investors in the United States have been persuaded to buy Iraqi dinars in the hope of stratospheric upward revaluations. The special of the day is more smoke with a side of smoke The politicians blow it in our eyes so we can't see the truth Gurus like to blow that smoke up out rear ends cuz they think it make us feel better Not so cuz even Smokey Robinson has Tiers of a clown 1 3 1 Quote Link to comment Share on other sites More sharing options...
nannab Posted July 12, 2022 Report Share Posted July 12, 2022 Thank you Stelardoc Love the Platters now that is singing. 5 Quote Link to comment Share on other sites More sharing options...
Half Crazy Runner Posted July 12, 2022 Report Share Posted July 12, 2022 3 hours ago, DoD said: Let’s hear it from the governor himself, is he to busy to put out an article about the exchange rate not changing? hmmmm Bingo!! 🎯 🙌🏻 3 Quote Link to comment Share on other sites More sharing options...
screwball Posted July 12, 2022 Report Share Posted July 12, 2022 Zimbabwe moving to gold backed.... 1 Quote Link to comment Share on other sites More sharing options...
screwball Posted July 12, 2022 Report Share Posted July 12, 2022 2 hours ago, SocalDinar said: Shabs always spoke of the stability of Iraq being key. yeo but rate change will do that 1 Quote Link to comment Share on other sites More sharing options...
screwball Posted July 12, 2022 Report Share Posted July 12, 2022 https://www.reuters.com/business/zimbabwe-introduce-gold-coins-local-currency-tumbles-2022-07-05/ Quote Link to comment Share on other sites More sharing options...
NoviceInvestor Posted July 12, 2022 Report Share Posted July 12, 2022 44 minutes ago, screwball said: https://www.reuters.com/business/zimbabwe-introduce-gold-coins-local-currency-tumbles-2022-07-05/ The rest of the world moves on but Iraq continues to stagnate. 1 5 Quote Link to comment Share on other sites More sharing options...
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