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Iraq an economic Study
Ms Sans Serif
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[quote:ReVbo™:MV8xNzI0NTM4XzMzNTE2NDMyXzg5RkIzRDVC] [quote:calin:MV8xNzI0NTM4XzMzNTE2MzMxXzE1QkQ3QTY0] [quote:ReVbo™:MV8xNzI0NTM4XzMzNTE2Mjg4XzhFNTc3MTND] ...[b]Iraqi dinar traded the previous day in the Iraq war began in 2003, however in the $ 0.33 to what it is the cost of million U.S. $ 330,000[/b]. Currently the situation in general is very different and every day more are added to the phenomenon of the dinar as see welcomes village enthusiastically new currency given prior to their destruction, put the oil law, abolition of most of the debt owed by the part of the creditors of Iraq, as it ends the war and increases national security attracts investors from all over the world, democracy, and reconstruction, and sovereignty, leaving the troops and monetary reform [b]Finally indicating that they are to launch this currency international market and increase the value of the dinar from Iraq in "the International Monetary Fund."[/b] pieces that already exist Iraq is to restore the position of the international community [b]as sources of Iraqi journalist working the Central Bank of Iraq to re-float the dinar on most coins as one of the the richest countries in the world should not remain in the currency permanently[/b] قيمتهن. http://translate.google.com/translate?hl=en&sl=ar&u=http://www.forex-trade-finance.com/ar/buy-iraqi-dinar-and-value-of-iraqi-dinar/307&prev=/search%3Fq%3D%25D8%25A7%25D9%2584%25D8%25B9%25D8%25B1%25D8%25A7%25D9%2582%2B%25D8%25A7%25D9%2584%25D8%25AF%25D9%258A%25D9%2586%25D8%25A7%25D8%25B1%2B%25D8%25AA%25D8%25B9%25D9%2588%25D9%258A%25D9%2585%26hl%3Den%26tbo%3Dd%26rls%3Dcom.microsoft:en-us:IE-Address%26rlz%3D1I7RNSN_en%26prmd%3Dimvns&sa=X&ei=32xbUPLgKIeoyAHcwYDICg&ved=0CDMQ7gE [/quote] I need a translation of the translation! haha What does it mean? [/quote] Well, as you know, I'm certainly no expert, but I'd say it means that they intend to re-float the currency, i.e. the market float I've been talking about lately, and they're hinting at a start rate, arguing that the rate, before the war, was 33 cents, and the justification for the market float and higher rate is Iraq has regained its sovereignty, is working toward democracy, has established a greater security environment, has ridiculous amounts of wealth in the ground, and because of all these, should not be forced to maintain the same weak currency it currently has. The hints seems to be getting a lot stronger lately. If I wasn't already speculating the hell out of this stuff, I sure would be now. [/quote]
Iraq is rapidly becoming a force in world economics due to its oil reserves. What do you think the effects will be on the world economic stage. sk
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