Thread: Iraq/Dinar News Until 5/31/2007 7:15 PM CST..

Originally Posted by rvalreadydang

i've read this a couple times, how does it put that to rest? it seems to be talking about cbi issued currency, i'm confused, show me where it says no lower denoms please?

I was reading it and thinking the same dang thing, dangitalready

Originally Posted by oldskiier

Folks ..heres my take on the RV ....like allot of you like me have been in this for over 2 /12 years now.....And I am thinking like this ....When the foreign investment takes hold ..and an Iraqi is working next to a U.S oil worker lets say ...who use to make $100 a month like now but when the U.S. company was to hire 50% Iraqis...he will have to pay him like a U.S. worker which makes about 8,000 USD a month.....then we will see our RV JMO

None of this is relevant to the IQD rate....now or later.

Originally Posted by screwball

its going to happen baby, just a matter of rate and date! Wages will have to be on parity!

Exactly when foreign investment starts to grow !!! my guess is not till at least the end of this year .......BUT !! it will RV !! no doubt in my mine !!!

Originally Posted by oldskiier

It doesn't but this is a better translation to that other article about CBI issuing new curreny.........just like that guy said about him speaking Aribic...and this pretty much says what he said :).

I replied on the other site about this too trying to get insight, i don't see any similiarity btwn the two articles, this one is talking about reserves amounts, i don't see anything mentioning no possibility of lower denoms

Originally Posted by Lunar

None of this is relevant to the IQD rate....now or later.

OK ...LOL

Originally Posted by rvalreadydang

I replied on the other site about this too trying to get insight, i don't see any similiarity btwn the two articles, this one is talking about reserves amounts, i don't see anything mentioning no possibility of lower denoms

Meanwhile, Sinan Shabibi governor of the Iraqi Central Bank on the availability of cash reserve of up to (21) billion dollars and this amount will contribute to the creation of a reassuring stability of the market, pointing out that the objective of monetary policy is to achieve price stability and the work done all sectors Central Bank issued currency is not want decline and the bank followed the monetary policy in order to promote stability in Iraq, but economically accretion struck Iraq.

This isnt even part of the article it is in...it's refering back to that other article form yesterday !!!! and the one yesterday didnt say anything about lower denoms !!! ...Sorry !!

Originally Posted by oldskiier

OK ...LOL

When you have a better concept of what actually has an affect on the IQD rate....get back to me.

Originally Posted by oldskiier

Meanwhile, Sinan Shabibi governor of the Iraqi Central Bank on the availability of cash reserve of up to (21) billion dollars and this amount will contribute to the creation of a reassuring stability of the market, pointing out that the objective of monetary policy is to achieve price stability and the work done all sectors Central Bank issued currency is not want decline and the bank followed the monetary policy in order to promote stability in Iraq, but economically accretion struck Iraq.

This isnt even part of the article it is in...it's refering back to that other article form yesterday !!!! and the one yesterday didnt say anything about lower denoms !!! ...Sorry !!

Well i know it didn't say that, i am just speculating because of the term used in the article, and i'm not tryingn to be difficult os, i'm saying, i just dont' see how this conclusion has come about as far as no lower denoms, and i still don't....

Originally Posted by rvalreadydang

I replied on the other site about this too trying to get insight, i don't see any similiarity btwn the two articles, this one is talking about reserves amounts, i don't see anything mentioning no possibility of lower denoms

You don't see the similarity ??? are ya blind ..LOL just kidding you

He said the Iraqi Central Bank Governor Sinan Al-Shabibi that the goal of monetary policy is to achieve price stability and be done by enhancing the effectiveness of the work of all sectors in order to meet the social needs of goods and services, and explained that the Central Bank is issuing new currency and did not want to fall, and there are important economic implications behind the monetary policy, especially at the level of stability in Iraq economically. NEW NOTES???
و .Shabibi and pointed to inflation, which rose to record rates in past years have witnessed relatively stable in this year amounting to 45%, and the Central Bank has succeeded in forming a high cash reserve amounted to 21 billion dollars. he is a good sum could in turn contribute to the creation of a stability reassuring.




Meanwhile, Sinan Shabibi governor of the Iraqi Central Bank on the availability of cash reserve of up to (21) billion dollars and this amount will contribute to the creation of a reassuring stability of the market, pointing out that the objective of monetary policy is to achieve price stability and the work done all sectors Central Bank issued currency is not want decline and the bank followed the monetary policy in order to promote stability in Iraq, but economically accretion struck Iraq.

Originally Posted by rvalreadydang

Well i know it didn't say that, i am just speculating because of the term used in the article, and i'm not tryingn to be difficult os, i'm saying, i just dont' see how this conclusion has come about as far as no lower denoms, and i still don't....

There could very well be ( and I belive there is) lower denoms...however these article have created a big assumption that they were getting ready to release them ...and this shows they are not ...