Got no time for you, you're obviously in the wrong place. The CBI, MoF and undersecretary for the MoF all talked recently bout raising the dinar value along with the IMF, approval from the World Bank and Paris Club, this is enough for me. Best you sell your dinar and invest in hyips or some other con. Don't waste our time here. We know what the value of the dinar was recently and what it will go back to soon.
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11-11-2006, 12:29 AM #101
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Zubaidi:Monetary value of the Iraqi dinar must revert to the previous level, or at least to acceptable levels as it is in the Iraqi neighboring states.
Shabibi:The bank wants as a means to affect the economic and monetary policy by making the dinar a valuable and powerful.
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11-11-2006, 12:31 AM #102
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Well I guess you were sleeping when the economic professor was teaching the definition of revaluation. Appreciation or increase in exchange rate is revaluation. Yes, the CBI has started revaluation of the IQD. Yes they've said it's gradual. But gradual can mean many things and the CBI didn't say what their real plan(s) is. To do so is stupid. Alot of folks are hoping when they're going to implement the big jump. So I guess, you are so wrong on the "it's not going to reval" part. So before you stoke make sure you know what you're talking about, coz it really shows how much of a dummy you are.
Revaluation definition
A change, usually an increase, in a country's fixed exchange rate.
revaluation Definition
A calculated adjustment to a country's official exchange rate relative to a chosen baseline. The baseline can be anything from wage rates to the price of gold to a foreign currency. In a fixed exchange rate regime, only a decision by a country's government (i.e. central bank) can alter the official value of the currency. Contrast to "devaluation".
For example, suppose a government has set 10 units of its currency equal to one U.S. dollar. To revalue, the government might change the rate to five units per dollar. This would result in that currency being twice as expensive to people buying that currency with U.S. dollars than previously and the U.S. dollar costing half as much to those buying it with foreign currency.
Revaluation
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11-11-2006, 02:07 AM #103
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Iraqi Investments
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11-11-2006, 06:38 PM #104
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18-11-2006, 11:03 PM #105
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Yes...hopefully this does happen soon. It would be great for all. Personally, I wouldn't really care having to pay high taxes if it comes to that. To think that I might be able to wake up to a bank account with almost a million bucks in it and having only spent around $1000 to get there. Not bad at all!
-Ned
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19-11-2006, 02:20 AM #106
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19-11-2006, 09:53 PM #107
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It's not even showing up in DNS anymore.
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19-11-2006, 11:37 PM #108
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Is it down for an upgrade, do you know?
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20-11-2006, 01:02 AM #109
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I like AD better.
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20-11-2006, 03:43 AM #110
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