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Sundancer: Does anyone know why UN rate was posted first time in 5 YEARS for iraq but no change at 1170. Does this seem a slap in the face to China, and Russia and Dinarians by the PTB?
OK Rocks: Sundancer that is great news! they are there, and the rates can be updated at any time, to have them listed is awesome!
Sundancer: You mean it says ok Iraq this is the rate you can change it as you will?
luvwulfs : sundancer GM, I don't think it was even listed before, so for it to be on the board period, is a good thing
OK Rocks: Sundancer it means they have now included Iraq! as they state on UN site these rates can be updated at any time
Sundancer: Then we are finally here Iraq has the permission from UN to change as it wills then!!!! https://treasury.un.org/operationalrates/OperationalRates.php#I
FreedomBoomer: Sundancer hasn't that been there all along?
OK Rocks: Sundancer I said the rates can change... but of course Iraq can change their rates at anytime... wow to see them listed again is HUGE!
Luvwolfs: The fact that is on the UN board says it is recognized as an international currency. They will not put the rates we are looking for on the board until it is time.
Briona: I do like the new date of December 1 for the operational rates for all the currencies
GMA: IKO, Art, and Elmer from OM all feel quite good about Monday… Hearing IQD (hearing) upper 4s. Dong 1.22. Zim 23cents
DAZ: LOOKS INTERESTING. UN RATE CHANGE FOR IRAQ..FIRST TIME SINCE 2010.
PRIOR CHANGES WERE ANNUALLY
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Since the UN operational rates are intended only for internal accounting, this is essentially meaningless. From the UN Treasury website:
UN wrote:The Operational Rates of Exchange listed herein are intended only for the internal record-keeping of the United Nations. No warranty of accuracy can be given and the United Nations shall not assume any responsibility in connection with the present publication of these rates.
Trust but Verify --- R Reagan
"Rejoice always, pray without ceasing, in everything give thanks; for this is the will of God in Christ Jesus for you."1 Thessalonians 5:14–18
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