The fact that we may have a major shift in the value of the dinar - timed to coincide with the New Year - could hardly be considered just a rumor.
Until we know for sure otherwise - it remains a genuine possibility for a number of reasons, not the least of which is that it has happened before in the case of Afghanistan, where their currency made a dramatic leap at precisely Midnight Jan 1st., 2003
One can not possibly deny that it is a genuine possibility!
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19-12-2006, 04:53 PM #34001
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Hardly a rumor!
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19-12-2006, 05:05 PM #34002
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which time zone, billknows?
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19-12-2006, 05:06 PM #34003
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1345 projected value by IMF and the year end
1250 by march 1st 2007
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19-12-2006, 05:13 PM #34004
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19-12-2006, 05:16 PM #34005
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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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19-12-2006, 05:23 PM #34006
Yep, I'm sure it is because opps here has ripped anyone that has had a high prediction or rumor. I'm sure he/she wouldn't put something out there that's not a fact.
By the way. I saw an article today about Kuwait increasing the value of their dinar because imports were becoming very unfavorable. Can you imagine how bad it must be in Iraq?
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19-12-2006, 05:26 PM #34007
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19-12-2006, 05:31 PM #34008
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19-12-2006, 05:32 PM #34009
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I'm posting this because this is the first time I have seen it under 1400. Maybe some of you have seen it before this but I've been checking regualarly and it is the first time I've seen it.
Live mid-market rates as of 2006.12.19 16:19:45 UTC.
WARNING: Beware investment scams involving IQD Iraq Dinars. More info
1.00 USD
United States Dollars = 1,387.75 IQD
Iraq Dinars
1 USD = 1,387.75 IQD 1 IQD = 0.000720591 USD
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19-12-2006, 05:34 PM #34010
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