Well Everyone knows I do not subscribe to this low level shake out rate idea but i did have to consider that in many countries like some asian countries and african nations a nickle rate might be a gold mine for them so who knows?
I just feel though that the influx of big money investors as a result to the signal a .05 RV would send, might be more speculation than the CBI would care for.....
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Thread: Thursdays
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11-04-2007, 05:39 PM #51
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It seems that the state insists, or preserve the value of the Iraqi dinar 148 against the dollar ...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 [ MOF Sept 2006]
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11-04-2007, 05:41 PM #52
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11-04-2007, 05:53 PM #53
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Too many disruptions in revaluing twice in a short space of time. They're already cheesed off with all these silly little 1 or 2 pip movements per day.
Stick with the theory of 1 big revalue hopefully before IC signing 3 May.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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11-04-2007, 05:59 PM #54
hope your right
I hope your right Adster, just keep getting the feeling we will get sum kinda curve ball if the initial rv is very high..keep remembering the martial plan thing where wasent it germany that they only allowed a small amount to be cashed in at the new rate and then the rest was greatly lower.. seams to me less likey to screw us if it happens the way i stated.. but its all speculation ...I just hope to see this transpire with out all of us gettin screwd..lol and if they did it in incremets i think we would be safer is all but what do i know??lol lets hope your right and it works out great for all of us involved with this investment
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11-04-2007, 06:05 PM #55
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We're small fry in this equation. Majority of the money we cash in will be bought up by governments/big companies and held onto until they use it in exchange for oil. MOST of the money out of country will not find its way back to the CBI for a fair time. All about monetizing the oil.........
I noticed Maliki is in S Korea today and tomorrow. Shame, had hoped we may have seen something significant tomorrow but cannot see any revaluation without him in Iraq.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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11-04-2007, 06:11 PM #56
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11-04-2007, 06:27 PM #57
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11-04-2007, 06:34 PM #58
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I agree -- i don't think Malaki needs to be there. Shabby pulls the strings for the CBI. I am sure Malaki knows whats going on anyway!!!!
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11-04-2007, 06:47 PM #59
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Something as huge as your country revaluing their currency would and should need their PM to be there in country as a show of unity at a new positive time and start for their country. Shabibi only follows what he is told to do by the GOI/MoF.
Of course IF it only drops a point or 2 tomorrow it will make no difference him being away!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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11-04-2007, 06:51 PM #60
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I'm Lovin' It!!
I must say that I am LOVING this thread!! It is so refreshing to see everone upbeat, cheerful, and full of humor!! I am so glad that this was started!! Thanks all you wonderful news hounds...and thanks for the wit as well!! It is so fun to have an online family such as rol!! Y'all are terrific!!
For what it's worth...I am thinking NO later than the end of this month!! RV RV RV!!!!
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