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dollarsign
02-25-2017, 01:24 PM
For all the old hands, (:) and new ones), the IQD became a searchable currency in the Bloomberg currency section on their home page. Those who've been around remember the days when some wondered if it would ever show up anywhere like that. Started about 4 days ago, but I waited to post to make sure it would still be available. It also feels good that a U.S. Treasury delegation visited CBI just days before. I was in Iraq LONG ago, when Bremer was still there, and there were 24 U.S. Treasury people working at the CBI then. The only way I know is that there was a plot to kidnap them, which went out on the warning wires in the Green Zone. So if they've been there that long, an ordinary delegation visit wouldn't be news, these must have been higher ups, no lightweights. Hope springs eternal.:cool:

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odus1000
02-26-2017, 08:17 PM
Fantastic news... I almost ready to cash in...

dollarsign
02-26-2017, 10:57 PM
:cool:


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pirata
02-27-2017, 12:34 AM
Link please,very interesting!!

dollarsign
02-27-2017, 01:37 PM
https://www.bloomberg.com/

just hit currencies, and enter the amt.

https://www.bloomberg.com/markets/currencies


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40plus
03-01-2017, 04:30 AM
Hey Dollarsign! Thanks for your posts. Hope definitely springs eternal..seems like eternity anyway. Are Big $$$ heading our way?

pirata
03-01-2017, 11:25 AM
Hey Dollarsign! Thanks for your posts. Hope definitely springs eternal..seems like eternity anyway. Are Big $$$ heading our way?
Good question ; I don't see anything differences xe has the Iqd on
their list as well for the longest!!

dollarsign
03-01-2017, 12:21 PM
I see $$$for sure pirata. and though 40plus is correct, it's been on xe for a while, the Bloomberg disclamer says their rate is based on a composite of indexes, and comes days after Treasury visited the CBI. I think what we need is the Strategic Framework Agreement, Section V, item 4 to be put into force. Check it out, as it does exactly what we need.

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millionairetobe71
03-15-2017, 02:13 AM
For all the old hands, (:) and new ones), the IQD became a searchable currency in the Bloomberg currency section on their home page. Those who've been around remember the days when some wondered if it would ever show up anywhere like that. Started about 4 days ago, but I waited to post to make sure it would still be available. It also feels good that a U.S. Treasury delegation visited CBI just days before. I was in Iraq LONG ago, when Bremer was still there, and there were 24 U.S. Treasury people working at the CBI then. The only way I know is that there was a plot to kidnap them, which went out on the warning wires in the Green Zone. So if they've been there that long, an ordinary delegation visit wouldn't be news, these must have been higher ups, no lightweights. Hope springs eternal.:cool:

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Yup....I remember when the thought was "When it will hit the FOREX"....

My hopes are that once ISIS is eradicated from Iraq, that the Iraqi Government and the general population would be at least with some peace which would be ideal to implement a better solution to the systemic corruption plaguing the country. In addition, I also hope for better security. In my opinion, it doesn't matter how good are the "ideas" to propel the country forward, but if the country is not safe, then nothing is going to be favorable for the currency or the business to improve.

I think that if the country gets safer, then I would say that within 10 years, the situation would be favorable for us. For those of us who spent good amount of time, we know that Iraq defies everything you know about time. There isn't anything that the Iraqis consider urgent, unless if is to request help and assistance from us, then they wanted it fast, but other than that, it will take a looooong time for this to start to get better.

millionairetobe71
03-15-2017, 02:46 AM
I see $$$for sure pirata. and though 40plus is correct, it's been on xe for a while, the Bloomberg disclamer says their rate is based on a composite of indexes, and comes days after Treasury visited the CBI. I think what we need is the Strategic Framework Agreement, Section V, item 4 to be put into force. Check it out, as it does exactly what we need.

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It is a good document, however, from the Iraq perspective, the US is not the sole lifesaving line. The Framework Agreement emphasizes the mutual cooperation between the two countries and basically, what we are saying to the Iraqis is that we are not going to take financial, economic or military advantage over them. But there is more. The document was signed in 2009, and from 2009 to now, a lot has happened and we don't know yet how well this document will play out.

Yes, the US sent a delegation to visit the CBI, but we don't know all the details, at least not yet. We don't know how well the US will be involved in Iraq post-ISIS. And we certainly don't know how safe the country will be after. Hey, I was in Taji when we bombed the crap out of Abu Musab al-Zarqawi and we thought that there would be no more Al-Qaeda in Iraq...but we were wrong, because what came after this man was even worse. So, lets not hold the breath in that regard.

I would like to see Iraq completing their financial obligations to Kuwait under UN Security Council Resolution 687 first, that is because the mandated war reparations to Kuwait takes a chunk out of their oil revenues. I would like to see Iraq strengthening economic ties with their neighbors, and inviting more foreign investors. If those conditions are met, I think we would be ok......

That is my .02 cents....

MTB71

dollarsign
03-16-2017, 01:25 AM
The middle east indeed works on its own timeline, no hurry. Their present leadership has called for enactment of the Strategic Framework Agreement so there is some hope. We continue to be vigilant, and hope for the best.

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millionairetobe71
03-16-2017, 04:12 AM
Yes, but would that be a revised Framework Agreement?...... I don't think the Iraqis are leaning heavily on our side. We didn't left Iraq in "good standing", and certainly, there is still too many black raining cloud hanging over the current Iraqi Government regarding their mutual involvement with the US.

Remember, if the Iraqis were to choose between a stronger alliance between US and Iran, who you think they would choose?...... Al-Sadr is still a very powerful presence, many Shias feels the same way as Al-Sadr. The country is still very ethnically, economically and politically fractured and there isn't a plausible solution as of yet, at least not in the near future.

So I think that if they were to enact an Strategic Framework Agreement, I think is going to be an updated, revised version but to what extend could be favorable or un-favorable to us, is to be seeing.

dollarsign
03-16-2017, 01:29 PM
it is hard to know since they long ago ended the Special Inspector General for Iraq Reconstruction reports to congress. That was where I kept up with what we were doing in Iraq as far as our Government agencies were concerned. As for who Iraq would pick between us and iran, the Sunnis would lean one way, the Kurds another, and the Shia another. As far as Money goes, Iran would gain nothing by having influence over a financially weak Iraq. It would be in their interest to let another power build up that sector of Iraq, make it internationally viable, then move in. One less thing for them to have to do.

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