aaanth Posted March 18, 2011 Report Share Posted March 18, 2011 CBI adopts fixed ID exchange rate Baghdad (NINA)- The Central Bank of Iraq CBI has announced adopting the exchange rate of Iraqi Dinar against the US Dollar, settled on last Thursdays auction until March 19. A CBI statement said Saturday that the measure came within the previously adopted measures, aiming at boosting Iraqi Dinar A FIXED RATE DEFENITION A fixed exchange rate, sometimes (less commonly) called a pegged exchange rate, is a type of exchange rate regime wherein a currency's value is matched to the value of another single currency or to a basket of other currencies, or to another measure of value, such as gold. As the reference value rises and falls, so does the currency pegged to it. A currency that uses a fixed exchange rate is known as a fixed currency. The opposite of a fixed exchange rate is a floating exchange rate. Revaluation means a rise of a price of goods or products. This term is specially used as revaluation of a currency, where it means a rise of currency to the relation with a foreign currency in a fixed exchange rate. In floating exchange rate correct term would be appreciation. The antonyme of revaluation is devaluation. Source: NINANEWS 2 Link to comment Share on other sites More sharing options...
mordiaky Posted March 18, 2011 Report Share Posted March 18, 2011 (edited) link now!!! NEVER MIND, THAT WAS POSTED IN 2007 Edited March 18, 2011 by mordiaky Link to comment Share on other sites More sharing options...
Joedinar Posted March 18, 2011 Report Share Posted March 18, 2011 They have done this before...been a while though..... Link to comment Share on other sites More sharing options...
dtiparker Posted March 18, 2011 Report Share Posted March 18, 2011 When i see it on FOREX i'll believe this. -dashes away to check FOREX- 2 Link to comment Share on other sites More sharing options...
mordiaky Posted March 18, 2011 Report Share Posted March 18, 2011 (edited) aaanth posted some thing what was made in 2007, nothing to see here. ITS ALREADY POSTED BEFORE IN 2007!! Edited March 18, 2011 by mordiaky Link to comment Share on other sites More sharing options...
chuckray Posted March 18, 2011 Report Share Posted March 18, 2011 http://www.cbi.iq/ 1170--1 no change yet Link to comment Share on other sites More sharing options...
tlwkc Posted March 18, 2011 Report Share Posted March 18, 2011 CBI adopts fixed ID exchange rate 03/19/07 Source doesn't exsist anymore.... http://www.ninanews.com/ninaII/indexeng.php Link to comment Share on other sites More sharing options...
aaanth Posted March 18, 2011 Author Report Share Posted March 18, 2011 why would this suddenly appear on the home page of Dinar Trade? if it is old why now? can anyone explain what the text is showing? if you go to ninanews.com the site comes up but couldn't find the reference Link to comment Share on other sites More sharing options...
mordiaky Posted March 18, 2011 Report Share Posted March 18, 2011 why would this suddenly appear on the home page of Dinar Trade? if it is old why now? can anyone explain what the text is showing? if you go to ninanews.com the site comes up but couldn't find the reference its called pumping, go here: My link Link to comment Share on other sites More sharing options...
liquidravingdj Posted March 18, 2011 Report Share Posted March 18, 2011 (edited) why would this suddenly appear on the home page of Dinar Trade? if it is old why now? can anyone explain what the text is showing? if you go to ninanews.com the site comes up but couldn't find the reference [/ Edited March 18, 2011 by liquidravingdj Link to comment Share on other sites More sharing options...
aaanth Posted March 18, 2011 Author Report Share Posted March 18, 2011 its called pumping, go here: My link got it! thanks. i guess it just never ends, right? everyone keeps thinking ali's is their "friend" 'cause he goeson chats and is so nice. little do they know that they are lining to be his atm machines. lol thanks again! Link to comment Share on other sites More sharing options...
rdb Posted March 18, 2011 Report Share Posted March 18, 2011 i c nothing on dinar trade Link to comment Share on other sites More sharing options...
yusofsabri Posted March 18, 2011 Report Share Posted March 18, 2011 Good joke aaanth. You make me feels anxious just for a moment. Link to comment Share on other sites More sharing options...
Stamp Posted March 18, 2011 Report Share Posted March 18, 2011 my guess is that GOI will have a fixed currency exchange when it RVs the IQD, for a certain period. now the million dollar question that I am more interested to know the answer is; when will RV take place? anyone...anybody...any 'guess'? Link to comment Share on other sites More sharing options...
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