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  1. #13481
    Senior Investor Adster's Avatar
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    Quote Originally Posted by opps50 View Post
    Choose 1

    1) Because we are not that smart! (oh no)

    2) Because this is not true! (oh no)
    Number 2 is your answer....
    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.

  2. #13482
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    Quote Originally Posted by opps50 View Post
    Choose 1

    1) Because we are not that smart! (oh no)

    2) Because this is not true! (oh no)
    Fill in the blank, opps50:

    Because the correct answer according to opps50 is:

  3. #13483
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    Meaning, please add the old/new information as to why; makes this thread an easier read. Thanks.

  4. #13484
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    so is the 3 year thing BS?

  5. #13485
    Senior Investor Adster's Avatar
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    Affirmative.
    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.

  6. #13486
    Investor dinartank's Avatar
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    Thumbs up

    Quote Originally Posted by cigarman View Post
    My only question is why didn't any of us smart people here find this!!!!!
    Originally Posted by Mike5200
    Lifted from IIF posted by Scubadiver:
    Can anyone here provide any other info on this or a link?

    The reason why it hasn't revaled is because they were required to prove their ability to control wide fluctuations in the exchange rate, and implement prudent monetary policy for a period of 3 years. The NID was introduced by the Coalition Provisional Authority on Oct 15, 2003. Guess what ends this Sunday, Oct 15, 2006...the 3 year "control" period! I do not have a link...you'll simply have to trust me on this. It won't take long to see if I'm right or not...2 days and counting


    CAN I GET A WOOOOOOOOOOOOOOOOT >>>>WOOOOOT!!!!!

  7. #13487
    Senior Investor Adster's Avatar
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    I've searched, spoken to people, and never heard of this in my 15 months in this investment.....So for me it gets the BS flag! Anyone has a link please bring it on...
    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.

  8. #13488
    Senior Investor pipshurricane's Avatar
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    Quote Originally Posted by Adster View Post
    I've searched, spoken to people, and never heard of this in my 15 months in this investment.....So for me it gets the BS flag! Anyone has a link please bring it on...
    Yes thanks to answer for me Adam :)

  9. #13489
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    Exclamation The Truth..............

    Well the truth to the matter, that I have read. Is that the IMF recommended that Iraq maintain the current exchange rate until March 2007!!!!!!!!!



  10. #13490
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    Quote Originally Posted by Adster View Post
    I've searched, spoken to people, and never heard of this in my 15 months in this investment.....So for me it gets the BS flag! Anyone has a link please bring it on...
    Post #1654 by Charmed. Is that not the article? I thought it was.

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