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Post by Ssmith on Sat Nov 28, 2015 12:40 pm

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?

Sundancer:  freedom boomer NO it changed today first time in 5 YEARS although it is the same rate as before listed it means they are free to change it as they will OK explained to me!!!  Check the history it is first change in 5 years the change OK explained to me gives Iraq permission to do with it what they will!!

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



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Post by Kevind53 on Sat Nov 28, 2015 3:15 pm

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.

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