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Attorney Al-yasseri, hard currency reserves: diversity is essential to avoid the impact of the depreciation of the dollar against the national currency DinarDailyUpdates?bg=330099&fg=FFFFFF&anim=1

Attorney Al-yasseri, hard currency reserves: diversity is essential to avoid the impact of the depreciation of the dollar against the national currency

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Attorney Al-yasseri, hard currency reserves: diversity is essential to avoid the impact of the depreciation of the dollar against the national currency Empty Attorney Al-yasseri, hard currency reserves: diversity is essential to avoid the impact of the depreciation of the dollar against the national currency

Post by Kevind53 on Wed Aug 22, 2012 8:10 am

Date: 2012-08-18 12: 02: 07 Saturday

Baghdad (News) ... Invited Member of the Finance Committee, the National Alliance Deputy//abdolhossein Al-yasseri, need diversity of hard currency reserves by the Central Bank with international currencies as euro walbaon Sterling to avoid the impact of increased dollar on the economy and national currency.

He said Al-yasiri (News Agency news) on Saturday: Although the dollar has generally accepted in all States of the world, but rely on for all transactions is incorrect, because the increased demand and higher value will affect the local currency, so you should encourage banks to deal with other international currencies as Euro Sterling walbaon, in addition to the dollar.

He added: to accept the currency in international transactions depends on the general orientation, the States economy strong, but its currency is not as Japan and other countries have significant cash reserve and also its currency is not international, while some States placed a good commercial and its currency are not accepted in the world such as China, noting a general orientation by the Nations of the world to dollarization, international currency are treated even in villages and rural areas./finished/8. Dr. o

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 Attorney Al-yasseri, hard currency reserves: diversity is essential to avoid the impact of the depreciation of the dollar against the national currency 2805820865  Attorney Al-yasseri, hard currency reserves: diversity is essential to avoid the impact of the depreciation of the dollar against the national currency 2805820865  Attorney Al-yasseri, hard currency reserves: diversity is essential to avoid the impact of the depreciation of the dollar against the national currency 2805820865  Attorney Al-yasseri, hard currency reserves: diversity is essential to avoid the impact of the depreciation of the dollar against the national currency 2805820865
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Attorney Al-yasseri, hard currency reserves: diversity is essential to avoid the impact of the depreciation of the dollar against the national currency Empty Re: Attorney Al-yasseri, hard currency reserves: diversity is essential to avoid the impact of the depreciation of the dollar against the national currency

Post by SEBtopdog on Wed Aug 22, 2012 1:29 pm

So, Kevin, does this general move away from the dollar have significance, in your opinion, toward an impending RV/RE/CE? Attorney Al-yasseri, hard currency reserves: diversity is essential to avoid the impact of the depreciation of the dollar against the national currency 1471667124

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Attorney Al-yasseri, hard currency reserves: diversity is essential to avoid the impact of the depreciation of the dollar against the national currency Bump~0 Will someone please let the RV Widget out of the jar?
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Attorney Al-yasseri, hard currency reserves: diversity is essential to avoid the impact of the depreciation of the dollar against the national currency Empty Re: Attorney Al-yasseri, hard currency reserves: diversity is essential to avoid the impact of the depreciation of the dollar against the national currency

Post by Kevind53 on Wed Aug 22, 2012 10:42 pm

No, I don't think so, although it does point toward a healthy economic climate in Iraq.

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 Attorney Al-yasseri, hard currency reserves: diversity is essential to avoid the impact of the depreciation of the dollar against the national currency 2805820865  Attorney Al-yasseri, hard currency reserves: diversity is essential to avoid the impact of the depreciation of the dollar against the national currency 2805820865  Attorney Al-yasseri, hard currency reserves: diversity is essential to avoid the impact of the depreciation of the dollar against the national currency 2805820865  Attorney Al-yasseri, hard currency reserves: diversity is essential to avoid the impact of the depreciation of the dollar against the national currency 2805820865
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Post by IQD4US on Sat Aug 25, 2012 12:54 am

Maybe if they start getting less USD for thier IQD they will get smart and realize thiers is going to be worth more and they should keep it.....

IF the smaller denoms come out, I can only see 2 reasons for it

1) RV

2) So if they are paid in IQD, the can give CHANGE in IQD. If citizens think they are being ripped off because a shopkeeper is rounding up - he is violating muslim customs. The shopkeeper can't round down - he loses too much. With the fluctuation of the USD over there - they would be trying to have more of a price war for competative business. True democracy.....hmm

I prefer answer 1.
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Post by Guest on Sat Aug 25, 2012 10:24 am

@IQD4US wrote:Maybe if they start getting less USD for thier IQD they will get smart and realize thiers is going to be worth more and they should keep it.....

IF the smaller denoms come out, I can only see 2 reasons for it

1) RV

2) So if they are paid in IQD, the can give CHANGE in IQD. If citizens think they are being ripped off because a shopkeeper is rounding up - he is violating muslim customs. The shopkeeper can't round down - he loses too much. With the fluctuation of the USD over there - they would be trying to have more of a price war for competative business. True democracy.....hmm

I prefer answer 1.

I like answer #1 as well cashingIn

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