ReVbo “Amazing How Things Change In An Instant”
Carrello: Saturday 29/06/2013 12:00 AM Baghdad-Hussein thghb Al-Tamimi
After the disposal of the international provisions increase in the value of the Iraqi dinar
Hours after Iraq concludes from the provisions of Chapter VII, the exchange rate of the Iraqi dinar soared against the dollar.
FULL ARTICLE & LINK BELOW
ReVbo: We’re watching the Iraqi people being told what to think in real time, y’all. For the past year, they’ve done nothing but poormouth (as Bear Bryant used to say) the dinar and it’s done nothing but decrease in value.
Sounds like they’re doing the exact opposite now, and building demand. Iraqis seem to be fairly easily manipulate-able by news like this, so I wouldn’t be surprised to see everyone start hoarding dinars now, and the street rate blast right through the program rate.
Amazing how things change in an instant, huh?
…
Read More Link On Right
A month ago, the news was all about CBI desperately trying to rescue the street rate and how they had to sell over a billion dollars a week at auction just to keep the spread within 8%.
Now, all of a sudden, dinars are cool again? Well, guess what? Nobody has any left, so whoever the lucky few are who stuffed some in their mattress are gonna make out like bandits now that the news is telling everyone they want dinars.
I don’t want to get ahead of myself, but I kinda expected an article like this to surface just before the big change happens. As the great Tommy Lee Jones said in Men In Black, “A person is smart.
People are dumb, stupid dangerous animals and you know it.” That torn piece of paper in your wallet that used to be worth $20 is worth $25,000 now, Abdul. Believe it! Now, go buy a car and start a business. Ordo ex Chao ReVbo
**********************************
Carrello: Saturday 29/06/2013 12:00 AM Baghdad-Hussein thghb Al-Tamimi
After the disposal of the international provisions increase in the value of the Iraqi dinar
Hours after Iraq concludes from the provisions of Chapter VII, the exchange rate of the Iraqi dinar soared against the dollar.
As a member of the Association of private banks Saif Al hilfi, “Iraqi dinar exchange rate against the dollar has seen a return to normal levels after Iraq output resolution of the provisions of Chapter VII.”
John said in an interview for (News Centre for the Iraqi media network): “the rate of the dinar against the dollar stabilized at 1210 dinars per dollar,” pointing out that the coming days would witness continuous rise of the Iraqi dinar value.
and John explained that override the provisions of Chapter VII a huge benefit, and that everyone has confidence in Iraqi dinar, Iraq has large financial reserves.
The next phase will witness a new investment trend is popular companies and investors and citizens to invest in the Iraqi dinar, stressing that the economic scene readings indicate a significant demand for the dinar will contribute to raising the price paid to foreign currencies.
http://www.alsabaah.iq/ArticleShow.aspx?ID=49243
*****************************************
After the disposal of the international provisions increase in the value of the Iraqi dinar
29-06-2013 | (Voice of Iraq) – BAGHDAD – Hussein of Tamimi
Hours after rid Iraq of the provisions of Chapter VII of money, saw the exchange rate of the Iraqi dinar rise against the dollar. According to a member of the Association of private banks Hilfi, the sword, “the Iraqi dinar exchange rate against the U.S. dollar saw a return to a normal pace after the decision to remove Iraq from the provisions of Chapter VII.”
Hilfi said in an interview (Center Brief for the Iraqi Media Network): “The rates of the dinar exchange rate against the dollar stabilized at 1210 dinars per dollar,” pointing out that the coming days will witness a rise continuously to the value of the Iraqi dinar.
And ills Hilfi so that the bypass provisions of Chapter VII gain large, and everyone became confident in Iraqi dinars, especially in light of the large financial reserves of Iraq.
He added that the coming stage will witness a new investment-oriented is turnout companies and investors and citizens to invest in the Iraqi dinar,
stressing that the economic landscape readings indicate the presence of a great demand for the dinar will contribute to raising the exchange rate against foreign currencies.
Morning
Read more: http://www.sotaliraq.com/mobile-news.php?id=106239 # ixzz2XZn3vo2O
*********************************
Out of the 7 activates the Iraqi dinar Saturday, June 29, 2013
Hours after Iraq concludes from the provisions of Chapter VII, the exchange rate of the Iraqi debt rise against the dollar.
As a member of the Association of private banks Saif Al hilfi, “Iraqi dinar exchange rate against the dollar has seen a return to normal levels after Iraq output resolution of the provisions of Chapter VII.”
John said in an interview that “the rate of the dinar against the dollar stabilized at 1210 dinars per dollar,” pointing out that the coming days would witness continuous rise of the value of the Iraqi dinar.
John explained that override the provisions of Chapter VII a huge benefit, and that everyone has confidence in Iraqi dinar, Iraq has large financial reserves.
The next phase will witness a new investment trend is popular companies and investors and citizens to invest in the Iraqi dinar, stressing that the economic scene readings indicate a significant demand for the dinar will contribute to raising the price paid to foreign currencies. LINK
