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Expert: the exchange rate of the dinar against the dollar will fall more in the coming days by the actions of the Central Bank of effective


yota691
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and another Expert: dinar exchange rate against the dollar would drop more in the coming days by effective central bank actions

Date: 2012-09-30 13: 09: 34 Sunday

Baghdad (newsletter) ... The Economist said Majid, mock US dollar exchange rate is declining and the dinar will equal in the next few days, praising Central Bank actions "successful" reduce the dinar against the dollar.

Mock said (News Agency news) on Sunday: that one important factor for the high dollar exchange rate dinar last summer months are high demand and low supply and exploitation of citizens banking companies to lift the dollar, prompting the Central Bank to increase the supply in the auction currency.

He added: the success of Central Bank actions in reducing the dollar against the Iraqi dinar will make dollar Iraqi dinar per few days ahead.

Mock said: the decline of the dollar merely demand cash and money orders, indicating that hawala dealer obtained through banks and banking companies circulated official price, cash demand by citizens through the exchange offices reduced to dependence on supply and demand./finished/21. d. o/ http://www.ikhnews.com/news.php?action=view&id=58035

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great job yota!!! hope this will be a international trade on the same day,, and we can cash these in anywhere ;)

***///

... all the little signs of this happening seem to be falling into place.

Conditions could be ripening in our favour...

But we're afraid to even breath... perchance to dream... so many let downs in the past.---

Psychological warfare....arrrggghhhhh! :blink::unsure::mellow:

i hear ya sgt fury ,,,, ether psyhed ,,, or c.b.i pumping and watching the guru bunch go crazy :o time for the okie plane too have wheels on lift off :lol::huh:

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Dont get your panties all bunched up folks, like Lugui1 said couple of days to these folks means weeks, months, yrs, they speak with forked toungs. :rolleyes:

I hear ya Biker! We have heard this a few times before. It didn't happen. We have conflicting articles on the exchange all the time. I don't see them announcing this in the news either. Few days, could mean few years to decades the way they roll.

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would make dollar equals Iraqi dinar per the next few days.

Thanks Yota this is good news! I would like to point out "the next few days" seems to have more steam in it than coming days. Again depending how they mean "next" could mean "This", adding in few, this could mean very soon. Why would they advertise it? Well they do not say how they are going to do it, or when they are going to do it so its still a mystery.

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Thanks Yota this is good news! I would like to point out "the next few days" seems to have more steam in it than coming days. Again depending how they mean "next" could mean "This", adding in few, this could mean very soon. Why would they advertise it? Well they do not say how they are going to do it, or when they are going to do it so its still a mystery.

You crack me up, Zig!! You are so funny!! At this rate, you would be the perfect guy to define what "is" is. haha And that, even after all this time, is also "still a mystery." haha

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GM everyone, happy Sunday. I WANT to be positive and hope this is our week/month. I'm remembering back in July when a news article out of Iraq stated emphatically that "it would see huge change in rate and strengthing during Ramadan". Yet nothing happened. Let's all hope this is the start of events we want. I'm staying positive. Have a good week all !

:D

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GM everyone, happy Sunday. I WANT to be positive and hope this is our week/month. I'm remembering back in July when a news article out of Iraq stated emphatically that "it would see huge change in rate and strengthing during Ramadan". Yet nothing happened. Let's all hope this is the start of events we want. I'm staying positive. Have a good week all !

:D

I didn't see that, but if I had, I would never have believed it since Adam says, nothing ever gets done during Ramadan.

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It all makes sense. The dollar's purchasing power is down 30% since 2009. Even the Yuan is trading at an all-time high to the dollar now. For the people of Iraq that use the dollar, they can't buy what they did just a short time ago. Convenient time to make the case that they de-dollarize and make sure their people can still buy everyday goods and services.

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