RV DATE PICK ONE

[Jim1cor13]

They need to R V sometime today they are running out of time cause IMF is going to make them R v before the GCC meeting tomorrow.(from what I understand)I could be wrong. :angry:

Hi Geo58

Appreciate your thoughts, but the scenario you suggest

is simply not going to happen. A country cannot be forced

into revaluing their currency, it can only be accomplished by the

countries government, no one else as far as I understand from the

regulations on revaluation from the fed treasuries own documents.

I have written about this and given links. Here is the link:

New York Fed doc on currency devaluation and revaluation

A quote from the article: "Under a fixed exchange rate system, only a decision by a country's government or monetary

authority can alter the official value of the currency."

But the theory of someone forcing them is not real as far as what I have learned. Rumors like to suggest this also, it does not

make it any more factual. When the GOI is ready, only they can pull it off and release a rate.

Have a good day

All my best!

Jim

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Edited February 15, 2011 by Jim1cor13

[Carloshz09]

I figure the Rv date is any one of these dates!!!

Publishing DateEffective Date12 Jan 2011, if applicable14 Jan 201128 Jan 201101 Feb 201111 Feb 2011, if applicable15 Feb 201125 Feb 201101 Mar 201011 Mar 2011, if applicable15 Mar 201130 Mar 201101 Apr 201113 Apr 2011, if applicable15 Apr 201128 Apr 201101 May 201111 May 2011, if applicable13 May 201127 May 201101 Jun 201113 Jun 2011, if applicable15 Jun 201128 Jun 201130 Jun 201113 Jul 2011, if applicable15 Jul 201128 Jul 201101 Aug 201111 Aug 2011, if applicable15 Aug 201129 Aug 201101 Sep 201113 Sep 2011, if applicable15 Sep 201129 Sep 201101 Oct 201112 Oct 2011, if applicable14 Oct 201128 Oct 201101 Nov 201111 Nov 2011, if applicable15 Nov 201129 Nov 201101 Dec 201113 Dec 2011, if applicable15 Dec 201129 Dec 201131 Dec 2011

Brother im in the sandbox in Baghdad and asking the same question, let it hit so we can get back to civilization already..lol

[mrbaun]

I think RV will Happen 2/25-2011

Here is why

UN Operational Raxes of Exchange

Country /Currency Code/ Currency Operational Rate/ Effective Date

Iraq/ IQD Iraqi Dinar / 1,170.0 / 01 Mar 2010 History

Schedule of UN Operational Rates of Exchange

Publishing Date / Effective Date

25 Feb 2011 / 01 Mar 2010

It might be a typo but its a good gues

Oh if you want a link

https://treasury.un.org/operationalrates/Default.aspx

Edited February 15, 2011 by mrbaun

[magawatt]

Dog has a natural instinct to bunch the herd/flock.

I'll go with the dog.

Yeah, but she always says Monday. And she cheats at checkers too.