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03-11-2006, 12:28 AM #19871
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03-11-2006, 12:31 AM #19872
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Not sure if this is it and Sorry I don't have the names of the persons who posted these.. but I did copy this and some of the responses to send to a friend who has invested but doesnt have a computer.....
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Mums The Word
I happened to come across a very unusual statement when I was searching for info on Article 8. This is on the IMF website under:
April 22, 2006 -- IMFC Statement by His Excellency Sultan Bin Nasser Al-Suwaidi, Governor of the United Arab Emirates Central Bank
On behalf of: United Arab Emirates, Kingdom of Bahrain, Arab Republic of Egypt, Iraq, Jordan, Kuwait, Lebanon, The Socialist People's Libyan Arab Jamahiriya, Maldives, Oman, Qatar, Syrian Arab Republic, Republic of Yemen. PDF File Size: 38Kb
INTERNATIONAL MONETARY FUND Exchange Rates and Trade Balance Adjustment in Emerging Market Economies Prepared by the Policy Development and Review Department In collaboration with the Research Department and in consultation with other Departments Approved by Mark Allen October 10, 2006 ..........................
13. The proposed new “supplemental surveillance consultation” in a multilateral format
is, in principle, a positive step towards increasing the attention to issues of systemic
importance. However, the proposal remains vague at this stage, and a number of issues
would need to be resolved regarding its implementation, including the format of reporting to
the Board and the IMFC. We look forward to a more detailed proposal in this area.
14. We agree that exchange rate surveillance needs to be strengthened and we welcome the intention to review the 1977 Surveillance Decision. However, we caution against undue focus on exchange rates at the expense of other policies. We agree to a broadening of the work of the Consultative Group on Exchange Rates (CGER) to include major emerging
markets’ currencies. However, given the market sensitivity of the information, especially for the latter, we strongly object to the publication of assessments of Equilibrium Exchange Rates. Informal Board discussions of these assessments could provide a venue for candid multilateral debates and for the dissemination of relevant information without risking an adverse impact on more vulnerable economies. Moreover, given the inherent methodological pitfalls in the analysis and referencing of equilibrium real exchange rates, and the often wide differences in the results of alternative models, these assessments should be interpreted with extreme caution.
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Is this saying what I think it is saying... that mums the word on exchange rate discussions for EMERGING MARKETS? Notice that Iraq WAS INCLUDED in this article. Is this maybe why r/v info is few and far between?
Looks like Mum is the word !
I think this confirms what we suspected. Any mention of a revalue would cause great speculation. Revealing any info would be like inside trading IMO.
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P.S. earlier I made a comment about "naughty and nice" just want to clarify..
I think I'm safe in saying anyone still hanging around here has experienced being.. "naughty and nice.." that's why we have theand
icons..
We all have better days than others.. at least speaking for myself
We may have started this venture for the hope of profit but along the way have learned to understand and care about the people of Iraq.. and its no longer just about us... we want better lives for them also...
another reason to remember their charities...ez
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03-11-2006, 12:34 AM #19873
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what location???
the name of the base is al taqqadduem.... (thats the name)its in iraq. while i know what city its in i didnt post that. its been in the news a simple google search will tell you that. so what location did i give away??
Al Taqaddum AirbaseLast edited by phiberoptik; 03-11-2006 at 12:42 AM.
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03-11-2006, 12:38 AM #19874
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is anyone else having touble with this page... I have to scroll all the way to the right then all the way back to the left in order to read it?? How can I adjust
the margins? thank you in advance
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03-11-2006, 12:51 AM #19875
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03-11-2006, 12:52 AM #19876
hey ez, that horizontal scroll problem shows up when somebody has a long list of interests in their header. only way to fix it is for that person to edit their list of interests and shorten it OR to ignore them so the post does not show up on your page.
that said, I am not seeing that problem with this page.Last edited by clueless; 03-11-2006 at 12:56 AM.
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03-11-2006, 12:53 AM #19877
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Brain Freeze
Sorry, but I see a slow down on posts lately, and am wondering why?? I thought most of the articles today were positive...am I wrong??
Do we have anything to look forward to tomorrow???
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03-11-2006, 12:54 AM #19878
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03-11-2006, 12:57 AM #19879
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willie2 check kiting is writing a check to cover another check and so on and so on , between several banks making it look you have funds. Electronic
banking has made it very hard in this day and age. Their business model is
not very good but i don,t think its iilegal (unless they don't come up with
the product within 30 days. i deal with safedinar only.Last edited by bigred52; 03-11-2006 at 12:58 AM. Reason: error
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03-11-2006, 01:00 AM #19880
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