Iraqi Dinar Discussion Board

[Rasica]

Iraqi Dinar (IQD) repurchased by Iraq Government/CBI on the open market by $1.5B USD/month which began July 2008 - rates of repurchase may have lowered from the $1.5B or now ended.

A)
http://www.nytimes.com/2008/06/21/world/middleeast/21security.html?hp<br>

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=29956479

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=29945591

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=30035796

B)
The CBI Dinar valuations are not based upon the GDP or GNP.... Though it is true the Dinar is valuated presently in response to the exchange of Dollar for Dinar and visa versa....if anything the Dinar at present leans first towards the GDP....

C)
The U.S. Federal Reserve (A Private Company) did in fact exchange 7.5 Trillion IQD for $5 Billion USD to accumulate $100 Million per year in Interest via U.S. Treasury Bills for Iraq. This very exchange allowed increasing valuation of the Dinar in the World Market....

Presently not only can the $89 Billion in Oil Revenue for 2008 buy back ALL Dinar by over 10Xs...but NOW the whole IQD inventory can be bought back by INVESTED US Dollars owned by Iraq.

http://www.ustreas.gov/press/releases/js2240.htm

http://www.iraqdevelopmentprogram.org/idp/news/new680.htm

D)
M2 shows the Iraqi Dinar raising in value............

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=30035796

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=30027137

Iraq CBI buying back Dinar (IQD) at the rate of now $1 Billion to $1.5 Billion (USD) per month....
http://www.nytimes.com/2008/06/21/world/middleeast/21security.html?hp<br> PAGE 3

E)
The Minister of Finance has said no Lop.

"The Iraqi statement said Zubaidi Jabr told media recently that the Iraqi dinar today much better than some global currency, because behind large amounts of gold and hard currency, noting that the proposal to delete the three zeroes of the Iraqi currency after assuming office in the Ministry of the Week and presentation this proposal to officials in the monetary policy of the Central Bank. He said that the Central Bank at the time was reluctant to accept this idea, but it became a strong dinar..."

http://www.dinarbanker.com/2008-dinar-news/iraqi-dinar-will-see-the-high-value-of-2008.html

http://www.dinar-into-dollars.com/zero_lop_analysis.html

This was all quoted from a 2006 article and the LOP issue was to be reviewed within 3 months as inflation then was 70+%. The issue was specualted over two years ago (3 month time is well in the past)and we all see the Dinar raising in value and now being bought back.

F)
With $89 Billion in Oil Revenues for 2008, Iraq IS buying back SOME OF the currency.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=30163110

This overture is supported by all the cooperating Nations extending "Forgiveness Of Debt"................

Buying Back during the Huge Windfall from $70 Billion USD Oil Reserve for 2008 in Iraq allows tightening of the MO (Iraq Physical Inventory) thus lowering anymore surplus falling into terrorists hands before substantial Revaluation of the Iraqi Dinar...........

G)
Lops happen also to multiple currencies, with hyperinflation.

http://investorshub.advfn.com/boards/read_msg.aspx?message_id=30011665