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Millionday says CBI HAS PUT IN PLACE THAT IRAQ HAS TO USE THE NATIONAL CURRENCY -- THE DINAR I_icon_minitimeSat Apr 13, 2024 11:51 am by Mission1st

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Millionday says CBI HAS PUT IN PLACE THAT IRAQ HAS TO USE THE NATIONAL CURRENCY -- THE DINAR

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Millionday says CBI HAS PUT IN PLACE THAT IRAQ HAS TO USE THE NATIONAL CURRENCY -- THE DINAR Empty Millionday says CBI HAS PUT IN PLACE THAT IRAQ HAS TO USE THE NATIONAL CURRENCY -- THE DINAR

Post by Ponee Tue Sep 23, 2014 5:24 pm

Millionday  

 [...did the budget and the HCL get approved...?]  THE BUDGET DID NOT AND IS ON AGENDA FOR THURSDAY AFTER THE READING HAS TAKEN PLACE FIRST READING I BELIEVE HAS BEEN DONE --- THE HCL HAS BEEN APPROVED AND IS ON SHELF FOR THE ACTUAL USE...THE AMENDMENTS WERE AGREED ON WITH THE KURDS SO THAT WILL BE ADDED.

  [Do you feel the budget might bring the reality rate...?]   THEY HAVE STATED THAT THE BUDGET WILL BE FOR THE LAST THREE MONTHS AND HAVE STATED IN MANY REPORTS THAT IT WILL BE AT THE NEW PAY FOR DISBURSEMENT FOR ALL CITIZENS -- THIS INCLUDES OUTSIDE OF THE COUNTRY SO IT WOULD SEEM AS THOUGH IT WOULD HAVE TO BE AT AN EXCHANGEABLE RATE.

  [Could it be in usd?]  NO CBI HAS PUT IN PLACE THAT IRAQ HAS TO USE THE NATIONAL CURRENCY -- THE DINAR -- THIS WAS MONTHS AGO SO IT WILL BE IN DINAR.

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Millionday says CBI HAS PUT IN PLACE THAT IRAQ HAS TO USE THE NATIONAL CURRENCY -- THE DINAR Empty Re: Millionday says CBI HAS PUT IN PLACE THAT IRAQ HAS TO USE THE NATIONAL CURRENCY -- THE DINAR

Post by Kevind53 Tue Sep 23, 2014 6:14 pm

The budget is not, and has not ever been written in any sort of revalued dinar. They have paid and continue to pay their debts in Dinar. Of course just like any other country, when paying their international debts they convert their dinar into a mutually agreed upon reserve currency for example, the US or Canadian dollar or British Pound Sterling, or perhaps some other currency.

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