Iraqi Dinar Discussion Board

[Sunnybank]

9-12-2016 Newshound/Intel Guru BGG Flashback Article: "Minister of Finance: raise zeros from the Iraqi currency against the dollar will be supported" Quote: "...The proposal to raise three zeroes from the currency will be in accordance with the right monetary policy is not gradual, as happened in Turkey..." This article was from Feb. 2nd 2010. They've been telling us all along...NOT A FLOAT... Noting that the Iraqi dinar would be offset dollar or slightly more than after the application of this proposal. = about a dollar (USD) or slightly higher...THIS IS WHAT THEIR MoF said at the time. Not me...they have had some idea as to what this was going to be all along. [post 1 of 3....stay tuned]

9-12-2016 Newshound/Intel Guru BGG "The Exchange Rate of Foreign Currency in Economic Feasibility Studies" "3. Estimate the amended exchange rate of the Iraqi dinar to be used in technical and economical feasibility studies and for (1.134) dollar per dinar. This price should be approved for 3 years until re-appreciation by the competent authorities." Ministry OF PLANNING...Iraq G-O-I !!! ...REPORT WAS SENT TO CONGRESS...IT PLAINLY SHOWS IN THIS REPORT THEY EXPECTED THE DINAR TO REVALUE AT AROUND A DOLLAR IN 2013. these final thoughts from them (the final report sent to our U.S. Congress) if nothing else, adds considerable weight to our thoughts about this investment...in fact, those saying this is a "scam" - look foolish - taking these reports in context. [post 2 of 3....stay tuned]

9-12-2016 Newshound/Intel Guru BGG these flashbacks (HARD NEWS) give some important context as to what we are involved in...WIth these previous statements, articles and comments giving historical context - and the current push by the IMF, WB and UN to integrate Iraq back into the international community - things are VERY exciting (to say the least). I'm not predicting anything, nor am I commenting on "rate" - per se...I'm just telling you what they (IRAQ) have been saying all along... [post 3 of 3]

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