ronscarpa Posted January 30 Report Share Posted January 30 REMEMBER, no one really knows what will happen, or when. They're simply stating their opinions based on what they perceive to be happening in Iraq... So, take everything with a grain of salt .... RON Frank26 Article: "Al-Sudani acknowledges the existence of a rise in prices and says that the window for selling the currency "distorted" the financial and banking systems" Quote: "al-Sudani said, "A delegation headed by the Minister of Foreign Affairs...will visit Washington, bringing with it several files. One of these files will be dealt with with the US Federal Bank and the Treasury Department, to find out the repercussions of applying the standards set by the US Treasury in a way that guarantees the desired goal from all sides." A PROGRAM RATE IS NOT DESIRED BY EITHER SIDE... THAT IS WHY THE FINAL EXCLAMATION OF THE MONETARY REFORM IS BEING TAKEN TO WASHINGTON DC... IN MY OPINION...THE MONETARY REFORM EDUCATION GOES ACROSS THE POND TO DC! RVAlready From what I just heard, if I understood correctly, all sales and use of the US dollar in Iraq end tomorrow. I doubt this stops all of the black market tomorrow. But it stops all official use of the dollar. This should allow an international RV tomorrow. We will see what happens. Sandy Ingram The dinar went into a tail spin against the dollar after the New York Federal Reserve imposed tighter controls on international dollar transactions by commercial Iraqi banks in November to hold the illegal sharing of US dollars with Iran...The US is making it clear they will not tolerate violations of US sanctions against Iraq. There appears to be evidence of Iraq funneling large sums of US dollars into private bank account in Iran. This supposedly occurred shorty after the new prime minister was instated... Clare Article: "Independent deputy: Al- Sudani's visit to Washington is the only and last solution to the crisis of the dollar's rise" Quote: "If the visit is successful, the dollar exchange rate may drop to 1,450 dinars to its previous state." 1 6 3 Quote Link to comment Share on other sites More sharing options...
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