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2010-2014 Iraq Development Plan...Uh...guys.....the rate is the same throughout the document.


acceb75
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Did you expect to read in that document somewhere, that it would say Iraq will revalue their currency to US 1 dollar on August 3rd 2011 at 12pm cst?? They are not gonna publish a new rate til they change the rate.

Exactly.....common sense is underrated.

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Did you expect to read in that document somewhere, that it would say Iraq will revalue their currency to US 1 dollar on August 3rd 2011 at 12pm cst?? They are not gonna publish a new rate til they change the rate.

No not really. It was actually interesting reading. What I expected was some verbiage about a significant change in value sometime in the future. No rate or date of course, just a plan to increase the value. It does make a reference to increasing the value slowly and on a float, but that is really all it says.

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justsu you know 1170 is an artifical program rate that was set for the war. They have said it plenty of time theywill add value raise the value strengthen the dinar. What more do you want they will raise the value of the dinar at some point. That is just a prorammed rate.

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justsu you know 1170 is an artifical program rate that was set for the war. They have said it plenty of time theywill add value raise the value strengthen the dinar. What more do you want they will raise the value of the dinar at some point. That is just a prorammed rate.

Yeah, I did know that. It just seemed odd that the document goes until 2014 but it still has the artificial rate. It probably doesn't mean anything but it seemed odd.

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Did you expect to read in that document somewhere, that it would say Iraq will revalue their currency to US 1 dollar on August 3rd 2011 at 12pm cst?? They are not gonna publish a new rate til they change the rate.

Thank you....there is someone with common sense in here. WHY would they publish a different rate? That makes NO sense at all...C'mon guys...let's use a little common sense and not PANIC..

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Guys- they have to be recognized by the INTERNATIONAL COMMUNITY - and they can't with an 1170 rate. It's simple. They HAVE to ADD VALUE to their currency B)

It's ALL GOOD :P

GO RV!!!!

It sounds like it would make logical sence....but who says they have to join the international community by raising there currency value??? Selected iraq politations can keep there people poor and still provide the basics by trading oil for goods.

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It sounds like it would make logical sence....but who says they have to join the international community by raising there currency value??? Selected iraq politations can keep there people poor and still provide the basics by trading oil for goods.

I agree. Besides, who says they have to raise their value to enter the International Community? There are plenty of other countries with values less than the Iraqi Dinar and they are still members. So, why is it so important for the dinar to raise in value?

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