emailed to me wisdom saying the RV for he basket of countries has started as of yesterday (copied from DINAR RECAPS)

Tomorrow shouldn't UN Operational Rates be posted, showing some early goers?

Is there links to support this claim that other countries have open up etc...and started their perspective RV process......Still hard to fathom 1 person such as President Obama or any other person Maliki in Iraq holding up the RV.....With all respect given to your Opinion and statement

http://treasury.un.org/operationalrates/OperationalRates.aspx

if you go the the UN operational rates and you will see Iraq mentioned, but if you click on rate change since 1st of july you will see the change will go effective on the 1st of august, but Iraq is not in that list. i have absolutely no idea what that means, even don't know if it is worth mentioning.

dave

Update 7-28=11


(Wisdom)Confirmation has been obtained by my contact that Honduras and Costa Rica did revalue their countries' currencies on Tuesday. Last night it was reported that 6 - 8 countries revalued their currencies yesterday. The roll-out of this basket of currencies should be completed within 24-48 hours, it has been reported. Understand that somewhere around 168 currencies are revaluing; some will go up and some will go down. Most of them will be such a slight change that it will hardly be noticed. It was said that the VND (Vietnamese Dong), which is the other currency of interest that should experience a very large rise - even to a nickel - is just standing by and can go at anytime it wants. Projection of that rate is 20-30 cents. I am sure its revalue will not come at a time that would allow for double-dipping into the IQD. There is also the report that CBI is notifying dealers and banks of the pending revalue of the IQD.

It looks as though the USD will devalue somewhat, but these up and down movements in the dollar have been going on all along and sometimes by a few cents at a time. Just keep in mind that with the dollar going down in value, the higher the rate will be for the IQD. Understand now how the US can hold up the main revalue of currencies like the IQD? With the debate over the budget and credit rating and "possible default" (not!), a rate for the dollar has to be known to solidify the rate of the IQD. It has been said again today that "the deal on the hill" has been settled for days now and what we are seeing on TV is high drama and theatre. It was reported that "O" told the banking systems yesterday that we will not default and I am sure the systems that need to know are also aware of the deal that has been worked out in Washington, and we could see this "unveiling" of the main currencies at most any time now.

evenstar wrote:Update 7-28=11


(Wisdom)Confirmation has been obtained by my contact that Honduras and Costa Rica did revalue their countries' currencies on Tuesday. Last night it was reported that 6 - 8 countries revalued their currencies yesterday. The roll-out of this basket of currencies should be completed within 24-48 hours, it has been reported. Understand that somewhere around 168 currencies are revaluing; some will go up and some will go down. Most of them will be such a slight change that it will hardly be noticed. It was said that the VND (Vietnamese Dong), which is the other currency of interest that should experience a very large rise - even to a nickel - is just standing by and can go at anytime it wants. Projection of that rate is 20-30 cents. I am sure its revalue will not come at a time that would allow for double-dipping into the IQD. There is also the report that CBI is notifying dealers and banks of the pending revalue of the IQD.

It looks as though the USD will devalue somewhat, but these up and down movements in the dollar have been going on all along and sometimes by a few cents at a time. Just keep in mind that with the dollar going down in value, the higher the rate will be for the IQD. Understand now how the US can hold up the main revalue of currencies like the IQD? With the debate over the budget and credit rating and "possible default" (not!), a rate for the dollar has to be known to solidify the rate of the IQD. It has been said again today that "the deal on the hill" has been settled for days now and what we are seeing on TV is high drama and theatre. It was reported that "O" told the banking systems yesterday that we will not default and I am sure the systems that need to know are also aware of the deal that has been worked out in Washington, and we could see this "unveiling" of the main currencies at most any time now.

VND was on the list. It went the wrong way.

Your contact is wrong. We had a guy on chat right here on OOM that lives in costa rica and was chatting with us. He said all exchange rates are the same today as they ever were. NO RV in Costa Rica

wizkid1 wrote:Your contact is wrong. We had a guy on chat right here on OOM that lives in costa rica and was chatting with us. He said all exchange rates are the same today as they ever were. NO RV in Costa Rica

ummm.. my contact is the actual public UN operational rates. The VND went down and will be effective 8/1:
Historic Rates
VND (Viet Nam Dong)

Operational Rate Effective Date
20,563.0 01 Aug 2011
20,550.0 30 Jun 2011
20,555.0 01 Jun 2011
20,638.0 01 May 2011
20,870.0 01 Mar 2011
19,500.0 31 Dec 2010
19,490.0 01 Nov 2010
19,460.0 01 Oct 2010
19,450.0 01 Sep 2010
19,000.0 01 Aug 2010