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 Frank26 " Why Does the Dinar Have to Revalue?"

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PostSubject: Frank26 " Why Does the Dinar Have to Revalue?"   Tue Oct 17, 2017 9:36 pm

[If you can explain the difference between a program rate? As like Iraq in comparison to the the VND?]  VND IS NOT A PR...VND IS GROWING...THEY HAVE MORE THAN ONE RESOURCE...THEY HAVE INVESTORS   THEY HAVE A SOLID GOV AND CENTRAL BANK...IRAQ DOES NOT...ALTHOUGH GETTING THERE FAST!... HENCE A PR. [Why does the Dinar have to revalue? The dong hasn't revalued and the economy in Vietnam is much better than Iraq's...]    BECAUSE THE DONG IS NOT AT A PR ( program rate)...LET IRAQ GO FROM A PR VIA ART 8 AND WATCH THE IQD RUN PAST THE DONG LIKE THE WIND.
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PostSubject: Re: Frank26 " Why Does the Dinar Have to Revalue?"   Wed Oct 18, 2017 8:22 am

How ignorant.  First of all, a program rate isn't an assigned or temporary rate.  It's the rate that the IMF uses for their monitoring of the finances of country they're loaning money to and auditing.  The fact that Iraq has a program rate doesn't mean that the rate isn't real or that it can't be adjusted.  It has in fact been adjusted many times since the IQD was introduced.  The program rate just means that they use a ratio like 1170:1 as a basis for auditing purposes.

Second, it's true that Vietnam isn't on a program rate, but the reason they're not has nothing to do with resources, investors ... etc.  It's because they aren't running to the IMF for loans to keep them afloat.  Therefore there's no need to the IMF to conduct audits and monitor them. 

Third, the IQD is already much more valuable than the dong, Frank.  About 11 times more valuable.  If you remove the program rate for the IQD all that will do is complicate the auditing and monitoring for the IMF.  It won't affect the IQD's value because that is determined by the CBI, and their policy is exchange rate stability. 

Try a little honesty Frank.

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PostSubject: Re: Frank26 " Why Does the Dinar Have to Revalue?"   Wed Oct 18, 2017 3:11 pm

The simple answer .. "why does the dinar have to RV" ?

Because Frank says so, and the "families" of 100's of con men & woman are counting on it ..

IMO, watch for it to revalue right after the Trump organization builds their 1st High-rise Condo's , 4 star Hotel & Convention Center, Championship Gulf Course , Vineyard, Yacht Club & Housing development ..  

Until then, according to Frank (a non-licensed & not an industry expert)  it's ASN, imminent, scheduled, completed, a sure-thing and waiting on the release..   

Great question ..
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Frank26 " Why Does the Dinar Have to Revalue?"
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