Ministry of Planning Shows Proposed Exchange Rate

[Gasketman]

http://www.mop.gov.iq/mop/index.jsp?sid=1&id=308&pid=295&lng=en

[Thor363]

Thanks for the post, but that's ancient news and was posted before. Love to see that rate though.

[FatMan]

GREAT POST! I Like It!

+1

Krem

[Soldier]

couple of years old

[menholt]

Good research but was published in 2010...

Estimate the amended exchange rate of the Iraqi dinar to be used in technical and economical feasibility studies and for (1.134) dollar per dinar. This price should be approved for 3 years until re-appreciation by the competent authorities.

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[new york kevin]

Good to be reminded of this info. it is technical and easyt to follow/understand.

[jmw]

at least 2 years old and might be 3...

[sandyf]

at least 2 years old and might be 3...

Could be a lot older.

It is demonstrated in this context to call for assessing the dinar for less than (3.208) dollar (official exchange rate) when assessing project outputs and inputs of traded goods of exports, substitute imports and imports... etc.

[coldwarvet]

This is only a PLANNING ASSUMPTION! It's what exconomic planners use to CYA (that's cover your a**) so they don't get blamed if their forecasts don't pan out. GIven that planners like this use conservative assumptions, it's indicative that they may expect the IQD to RV higher than that.

[alston82]

Old old posted 4years ago so this is very old news

[HappySteel]

Y'all got the rate all wrong. Don't you know that you read it backwards is what some guru said. That would be $431.10. I'd rather have that rate.

Y'all got the rate all wrong. Don't you know that you read it backwards is what some guru said. That would be $431.10. I'd rather have that rate.