This conversation was started on another thread, but myself and marcfaye would enjoy the thoughts of others. Could the ISX happen without an rv? What would be the results if this were to occur? Thanks for your thoghts in advance!!
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This conversation was started on another thread, but myself and marcfaye would enjoy the thoughts of others. Could the ISX happen without an rv? What would be the results if this were to occur? Thanks for your thoghts in advance!!
I wish I could figure this out. How is it that Vietnam's stock-market is flourishing with the dong ? Can't Iraq be set up the same way? The only difference is that ISX is opening up to foreign traders. Will this be the key piece to RV the dinar ?
1 USD=16.132,00 VND
Yes it can. There are a number of controls that can be put into place to curb any problems brought about by foreign trading.
Well from what I am hearing, Yes. This article here basically says there already is a RV. lol We just waiting to Cash In. ISX not open to FI until August 2.
The text of the draft law of oil and gas rate approved
(صوت العراق) - 11-07-2007(Voice of Iraq) - 11-07-2007
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نص مشروع قانون النفط والغاز المعدل الذي أقره مجلس النواب العراقي وصادق عليه مجلس الرئاسة The text of the draft law of oil and gas rate approved by the House and endorsed by the Iraqi Presidential Council
Sotaliraq.com
الجزء الاولPart I
باسم الشعبThe name of the people
مجلس الرئاسةThe Presidency
بناء على ما أقره مجلس النواب وصادق عليه مجلس الرئاسة واستنادا الى احكام البند(اولا) من المادة(61) والبند(ثالثا) من المادة(73) والمادة (112) من الدستور، صدر القانون الآتي: Based on the approved by the House and approved by the Presidency based on the provisions of item (I) of article (61) and item (III) of Article (73) and Article (112) of the Constitution, issued the following law :
رقم( ) لسنة 2007(No.) for 2007
قانون النفط والغازThe oil and gas
الباب الأولPart I
In that article weren't they refering to the "rate" as no less than 100000 BPD? In other words, a minimum production rate? Maybe I misread it. Wouldn't be first time I've done that. :wacko:
Excellent thread Mom.......It kind of reminds me of the chicken or the egg.......what should come first? I always thought rv first, because a stronger currency would enable bigger investment opps, but what the heck do i know??:new: