Guys, the IMF have agreed and given the go ahead of a rate of $0.06, said as much in the above IMF Report. I don't see a r/v higher than .10, it will then be allowed to float. No big deal, it will reach a 1:1 very quickly and most likely RISE more than that in time. No 'biggy' to cash in a small amount initially and sit on the rest.
A peg of say .68 will stay at .68, at least given a low r/v and a float, well, the skies the limit and we'll be better off in time.
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10-08-2006, 08:39 PM #6431
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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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10-08-2006, 08:40 PM #6432
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10-08-2006, 08:42 PM #6433
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Now the question is WHEN?
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10-08-2006, 08:43 PM #6434
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Guys, if you saw what marek posted, this server will go down soon. And i cant manage to be without this for another 24-48 hours.
So i just setup a temporary forum when this is down. Check it out and see if it works ok
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10-08-2006, 08:44 PM #6435
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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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10-08-2006, 08:44 PM #6436
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Yes Tiff, we must have intestinal fortitude and keep to our guns.LOL. There's just to much good info to believe they will reval it to low. Just remember they are doom and gloom in the news articles for a reason. Hang tight and be strong it will pay off.
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10-08-2006, 08:45 PM #6437
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10-08-2006, 08:48 PM #6438
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10-08-2006, 08:50 PM #6439
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Monica,
There are companies queueing up to invest in Iraq given the chance. With their wealth and the price of oil they're selling at $77 a barrel soon to rise to around $100 a barrel by end of next month I could see it reaching 1:1 by the end of the year and within 3 years it will be around $4 per dinar before they enter the GCC.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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10-08-2006, 08:52 PM #6440
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