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dollarsign
11-08-2017, 02:52 PM
A SIMULATION OF THE DINAR EXCHANGE RATE LINKED TO A BASKET OF CURENCIES


A short search to experience the simulator about linking the Iraqi dinar to a basket of currencies with weights varying between 50% and 65% of the dollar and other currencies remaining price (Dr. Ahmed Ali Abrihi

at the end of this it says click here, IF THERE ARE ANY TRANSLATORS OUT THERE, NOW IS THE TIME TO GET TO WORK! THIS MAY WELL BE THE PRELUDE OF WHAT IS ABOUT TO HAPPEN! LET'S GET TO WORK FOLKS! THIS COULD TELL US WHAT WE NEED! :cool:;):o:) THIS IS CALLED SIGNALING FOLKS! PARTY TIME MAY BE UPON US!!!

IQ per Us$ index Weight: US$ 0.65; EURO 0.20; GBP 0.05; Swiss 0.05; Yen 0.0513IQ per US $ index 2 Weight: US $ 0.6; EURO 0.20; GBP 0.10; Swiss 0.05; Yen 0.05IQ per US$ Index 3: US $ 0.5; EURO 0.25; GBP 0.10; Swiss 0.075; Yen 0.075

APPLY THESE WEIGHTS, divide by 5, AND ONE CAN GET A RATE!

https://cbi.iq/news/view/462

$

40plus
11-09-2017, 12:30 AM
Here's hoping. Nice post DS, thanks.

PennStateMtnMan
11-09-2017, 01:53 AM
This is where I wish I would have taken numerous economics classes.

PennStateMtnMan
11-09-2017, 02:24 AM
As much currency that is in the United States, you would think Trump would want the dinar to go up and up and up. The economy would flourish.

dollarsign
11-09-2017, 04:34 AM
It will flourish PennStateMtnMan. It is NO accident that the exact five currencies that were used in this basket last converged when we entered Iraq. (pg. 11 of the CBI document)

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pirata
11-09-2017, 12:02 PM
It will flourish PennStateMtnMan. It is NO accident that the exact five currencies that were used in this basket last converged when we entered Iraq. (pg. 11 of the CBI document)

$

This is the best news in the last years plus add the meeting in Baghdad Dec 2&3:cool::cool:

dollarsign
11-09-2017, 01:49 PM
This is the best news in the last years plus add the meeting in Baghdad Dec 2&3:cool::cool:

Raw data doesn't lie pirata, this is the basket, as published by the CBI, on which the market (not the program rate) will hit the market. This is great!

​$

Will-it-happen?
11-09-2017, 02:47 PM
Raw data doesn't lie pirata, this is the basket, as published by the CBI, on which the market (not the program rate) will hit the market. This is great!

​$

But when ???

Soon ???

exso
11-09-2017, 03:35 PM
Why do we have to divide by 5? This is great news but can someone explain a little for those of us who aren't as knowledgeable in currency exchange.
Thank you!




A SIMULATION OF THE DINAR EXCHANGE RATE LINKED TO A BASKET OF CURENCIES


A short search to experience the simulator about linking the Iraqi dinar to a basket of currencies with weights varying between 50% and 65% of the dollar and other currencies remaining price (Dr. Ahmed Ali Abrihi

at the end of this it says click here, IF THERE ARE ANY TRANSLATORS OUT THERE, NOW IS THE TIME TO GET TO WORK! THIS MAY WELL BE THE PRELUDE OF WHAT IS ABOUT TO HAPPEN! LET'S GET TO WORK FOLKS! THIS COULD TELL US WHAT WE NEED! :cool:;):o:) THIS IS CALLED SIGNALING FOLKS! PARTY TIME MAY BE UPON US!!!

IQ per Us$ index Weight: US$ 0.65; EURO 0.20; GBP 0.05; Swiss 0.05; Yen 0.0513IQ per US $ index 2 Weight: US $ 0.6; EURO 0.20; GBP 0.10; Swiss 0.05; Yen 0.05IQ per US$ Index 3: US $ 0.5; EURO 0.25; GBP 0.10; Swiss 0.075; Yen 0.075

APPLY THESE WEIGHTS, divide by 5, AND ONE CAN GET A RATE!

https://cbi.iq/news/view/462

$

dollarsign
11-09-2017, 03:54 PM
But when ???

Soon ???The time that it will get the IMF ok to be subjected to the laws of supply and demand will be cose-held information, as it would immediately affect currency markets. Anyone who claims to know is lying. But the fact that the exact curency basket was put in the public domain by the CBI dictates that it won't be long.


$

dollarsign
11-09-2017, 04:05 PM
Hi exso. Because the final rate will be an average of the currency basket listed by the CBI model, that is why we must divide by the number of currencies that will be used. x % of a U.S. dollar, x % of the British pound, x % of the Swiss Franc, X % of the Euro, and X % of the Yen when added, is projected to be the opening value of one IQD. So the average of the percentage those currencies, (there are 5) will be the opening rate, according to the CBI. :)

$

spacetuna
11-09-2017, 04:14 PM
I think it will be released with Trump's "Mystery Peace Plan" at the beginning of next year.

https://www.axios.com/trumps-mystery-plan-for-mideast-peace-2507223543.html

guardian
11-10-2017, 01:23 AM
at the end of this it says click here, IF THERE ARE ANY TRANSLATORS OUT THERE, NOW IS THE TIME TO GET TO WORK! THIS MAY WELL BE THE PRELUDE OF WHAT IS ABOUT TO HAPPEN! LET'S GET TO WORK FOLKS! THIS COULD TELL US WHAT WE NEED! :cool:;):o:) THIS IS CALLED SIGNALING FOLKS! PARTY TIME MAY BE UPON US!!!

$


Surprise! Google Translated the .pdf:

1 A simulation of the dinar exchange rate linked to a basket of currencies Dr. Ahmed Abrehi Ali Introduction: The stabilization of the national currency by a basket of currencies that is among the world's exchange-rate regimes, together with strict or flexible bilateral bonds. Therefore It is proposed to link the dinar exchange rate with a basket of major currencies, international reserve currencies, and dominant foreign trade and capital markets besides U.S. dollar. But Iraq has been used to favoring bilateral ties in its monetary history and to this day. It is no secret to the followers of the argument of bilateral linkage and dollar in particular That the supplier of foreign currency to Iraq is in dollars first, and secondly the dollar is often in the official international reserves and by about 65 percent in Third, Iraq's foreign trade is dependent on the dollar's currency even with neighboring and Asian countries, and the fourth most countries depend on the dollar to intervene in the market Exchange is called the intervention currency, and in Iraq also operates the window of the central bank in dollars and so we call the currency of the window. However, it is necessary to interact with the proposed basket of currencies and to discover the patterns of exchange rate movement under this system, and for this we have conducted this simulation experiment so that For those interested and decision-makers to consider the performance of this system and how it differs from the bilateral link. The exchange rate of the dinar linked to a basket of currencies of varying weights: In this note, a review of the exchange rate of the euro, pound, yen and Swiss currency against the dollar since the beginning of 1999. Then we assumed Linking the Iraqi dinar basket of currencies by three alternatives to weights between January 1, 1999, the beginning of the euro, and until the beginning of the tenth of 2017. The weights are: First: 65% to the dollar; 20% to the euro; and the remaining 5% to each. Second: 60% for the dollar; 20% for the euro; 10% for the sterling; and 5% for both Swiss and Japanese.

guardian
11-10-2017, 01:36 AM
Hold on there's more pages. I'll post them below. (There are graphs where only parts translated over.)

guardian
11-10-2017, 01:47 AM
2 Third: 50% to the dollar; 25% to the euro; 10% to the pound; 7.5% to the Swiss and Japanese. Then, the exchange rates of the dinar were calculated according to the linkage to these baskets. To carry out the simulations we assumed starting from the beginning of 2012, and points can be chosen Start again and recalculate but that does not affect the pattern of movement up and down. It is important to indicate the results of the commitment to the basket of currencies and their weights in the exchange rate calculation, And within a period of time sufficient for the emergence of cyclical changes and fluctuations in the relationship between the major currencies in the world. At the starting point, the first day of the first month For the year the dollar was 1200 dinars, ie the moment of transition from the binary system to the basket. The exchange rates of other currencies change in dinars according to their exchange rates In dollars. The result is shown in the table at the end of this note, which shows how much the exchange rate (JD / $) will be based on the basket of currencies and their stated weights. Below is a summary of the experiment with the assumption that the exchange rate of another primary is 1700 dinars to the dollar. The proposal to adopt a basket of currencies instead of bilateral linkage means the change in the dollar exchange rate in dinars according to the exchange rate of the currencies of the basket against the dollar. How many will be Change ranges, this is what you find in the table. When pricing the euro or sterling in dinars it depends on the exchange rates between those currencies and the dollar, for example: Dollars per euro multiplied by dinars to the dollar and so on. So that the dealer who turned the dinar to the euro and then to the dollar recovers the amount of the dinar He used it to buy the euro when converting dollars into dinars at the same market moment. You notice that the euro exchange rate with the dollar is cyclical, and generally exclude the chronic trend down and upward exchange rates of all currencies for related reasons Productivity and costs and consequently export prices and balance of payments accordingly. Therefore, the adoption of the basket does not guarantee a specific direction for the exchange rate of the dollar, or any Other currency, in dinars. And when the basket is adopted, it does not require changing the exchange rate daily, but enough per week or monthly. These accounts and data presentations for clarification, and knowledge of the quantitative scope of the issue under discussion. When you switch to a basket, you have to agree on the currency Weights and why. The weights assumed in this note are close to the first alternative of the components of Iraq's international reserves. Relative components can be considered For currencies in foreign trade or other weights for proposal.

3 Table (1) Summary of exchange rate simulation results (JDs) when linked to a basket of currencies From the assumed time horizon until October 2017 Hypotheses And data From January 1999 From January 2005 From January 2011 Binary connectivity In dollars Starting price alternative the first alternative The second alternative the third alternative the first alternative The second alternative the third alternative the first alternative The second alternative the third Average 1255 1253 1278 1225 1223 1237 1231 1232 1244 1200 Minimum 1155 1145 1139 1155 1145 1139 1155 1152 1139 1200 the above 1385 1329 1463 1298 1311 1342 1298 1311 1342 1200 Average 1224 1222 1246 1194 1192 1206 1200 1201 1213 1170 The lowest 1126 1116 1111 1126 1116 1111 1126 1123 1111 1170 the above 1350 1296 1296 1266 1278 1308 1266 1278 1308 1170

4 Figure (1) Exchange Rate Movement between January 2005 and October 2017: Simulating the peg of the basket of currencies Conclusions:

5 Experience has shown that the exchange rate of the dinar in relation to a basket of major currencies does not move far from the average of the levels of bilateral linkage. It is also impossible to ascertain the direction Regular rise or fall of the dinar exchange rate with the dollar and for a long time when the basket of currencies is committed. And also notes the oscillation that fade with it, almost, advantages Installation as long as the window uses one foreign currency. And to the distinguished readers of specialists and others, we present these data and accounts, and can re-experiment with any Other hypotheses they see fit. Statistical Appendix Figure (2) The euro exchange rate in dollars since the beginning of 2016 YearMonth20172016OctJulAprJanOctJulAprJan1.2001.17 51.1501.1251.1001.0751.050US $ / Euro 3US $ / Euro 2016-2017

6 Figure (3) Euro exchange rate in dollars YearMonth2014200820021996199019841978DecDecDecDecD ecDecDec1.61.41.21.00.80.6US $ / EuroUS $ / euro exchange rate Monthly data

7 Figure (4) Swiss Currency Exchange Rate. YearMonth2013200619991992198519781971JanJanJanJanJ anJanJan1.21.00.00.80.60.40.2US $ / Swiss Currency unitUS $ / Swiss Currency unit monthly data / Swiss Currency unitUS $ / Swiss Currency unit monthly data

8 Figure (5) The exchange rate of the pound sterling in dollars US $ / GBPUSD / GBP exchange rate Annual Data

9 Figure (6) The exchange rate of the yen in dollars YearQuarter2013200619991992198519781971Q1Q1Q1Q1Q1Q 1Q10.0140.0120.0100.0080.0060.0040.002US $ / YenUS $ / Yen Quarterly data

10 Figure (7) Euro and Swiss Currency Exchange Rates: US Dollar

guardian
11-10-2017, 01:59 AM
11 Figure (8) The four currency exchange rates in dollars: record numbers

12 Figure (9) The exchange rate of the dollar in Iraqi dinar according to the three alternatives to the weights of the basket: record numbers IQ per Us $ index Weight: US $ 0.65; EURO 0.20; GBP 0.05; Swiss 0.05; Yen 0.05

13 IQ per US $ index 2 Weight: US $ 0.6; EURO 0.20; GBP 0.10; Swiss 0.05; Yen 0.05 IQ per US $ Index 3: US $ 0.5; EURO 0.25; GBP 0.10; Swiss 0.075; Yen 0.075 Table (2) Exchange rate: JD to the dollar (as of January 1, 2012 the dollar equals 1200 Iraqi dinars) According to three weight variants listed above.IQ per US $
IQ D per US $ 2
Iq D per Us D 3
Month/ Year
1281
1277
1313
1999-01-01
1294
1291
1331
1999-02-01
1305
1302
1346
1999-03-01
1311
1309
1355
1999-04-01
1314
1312
1359
1999-05-01
1321
1320
1369
1999-06-01
1322
1321
1371
1999-07-01
1310
1308
1353
1999-08-01
1309
1306
1350
1999-09-01
1300
1296
1338
1999-10-01
1312
1310
1354
1999-11-01
1317
1315
1361
1999-12-01
1318
1315
1362
2000-01-01
1331
1329
1381
2000-02-01
1335
1334
1387
2000-03-01
1339
1339
1393
2000-04-01

14
1356
1358
1418
2000-05-01
1341
1343
1397
2000-06-01
1345
1348
1403
2000-07-01
1357
1360
1420
2000-08-01
1368
1374
1438
2000-09-01
1374
1379
1444
2000-10-01
1375
1381
1447
2000-11-01
1361
1366
1427
2000-12-01
1352
1355
1414
2001-01-01
1358
1363
1424
2001-02-01
1365
1371
1435
2001-03-01
1372
1378
1444
2001-04-01
1377
1383
1451
2001-05-01
1385
1392
1464
2001-06-01
1382
1389
1460
2001-07-01
1367
1373
1437
2001-08-01
1360
1364
1426
2001-09-01
1364
1369
1432
2001-10-01
1370
1376
1441
2001-11-01
1372
1377
1444
2001-12-01
1377
1383
1453
2002-01-01
1382
1389
1460
2002-02-01
1379
1385
1455
2002-03-01
1374
1380
1448
2002-04-01
1361
1366
1428
2002-05-01
1347
1350
1407
2002-06-01
1329
1329
1380
2002-07-01
1335
1336
1389
2002-08-01
1335
1335
1388
2002-09-01
1336
1336
1390
2002-10-01
1328
1328
1379
2002-11-01

15
1322
1321
1370
2002-12-01
1306
1304
1347
2003-01-01
1303
1301
1343
2003-02-01
1303
1302
1344
2003-03-01
1303
1303
1345
2003-04-01
1281
1279
1314
2003-05-01
1278
1274
1309
2003-06-01
1289
1286
1324
2003-07-01
1295
1294
1334
2003-08-01
1290
1287
1325
2003-09-01
1272
1267
1299
2003-10-01
1272
1267
1298
2003-11-01
1252
1245
1271
2003-12-01
1240
1231
1254
2004-01-01
1239
1228
1251
2004-02-01
1252
1242
1268
2004-03-01
1259
1249
1278
2004-04-01
1261
1252
1282
2004-05-01
1253
1243
1270
2004-06-01
1250
1239
1265
2004-07-01
1253
1244
1271
2004-08-01
1254
1245
1272
2004-09-01
1245
1236
1260
2004-10-01
1227
1216
1235
2004-11-01
1214
1201
1217
2004-12-01
1223
1212
1230
2005-01-01
1227
1215
1235
2005-02-01
1222
1210
1228
2005-03-01
1230
1217
1238
2005-04-01
1237
1226
1248
2005-05-01
1254
1244
1271
2005-06-01

16
1262
1255
1284
2005-07-01
1252
1244
1271
2005-08-01
1254
1245
1272
2005-09-01
1263
1255
1286
2005-10-01
1272
1266
1299
2005-11-01
1270
1263
1296
2005-12-01
1260
1253
1282
2006-01-01
1268
1261
1293
2006-02-01
1266
1259
1290
2006-03-01
1258
1251
1280
2006-04-01
1238
1227
1250
2006-05-01
1243
1233
1258
2006-06-01
1244
1233
1259
2006-07-01
1239
1227
1252
2006-08-01
1243
1231
1257
2006-09-01
1247
1235
1262
2006-10-01
1238
1225
1250
2006-11-01
1228
1214
1236
2006-12-01
1236
1221
1246
2007-01-01
1234
1219
1244
2007-02-01
1228
1214
1236
2007-03-01
1222
1207
1228
2007-04-01
1223
1208
1230
2007-05-01
1227
1211
1234
2007-06-01
1217
1200
1220
2007-07-01
1217
1201
1221
2007-08-01
1210
1194
1211
2007-09-01
1202
1185
1201
2007-10-01
1187
1170
1181
2007-11-01
1193
1178
1190
2007-12-01
1187
1173
1182
2008-01-01

17
1185
1171
1180
2008-02-01
1161
1147
1148
2008-03-01
1159
1145
1146
2008-04-01
1166
1153
1156
2008-05-01
1167
1153
1157
2008-06-01
1162
1148
1150
2008-07-01
1185
1174
1182
2008-08-01
1200
1191
1202
2008-09-01
1223
1218
1233
2008-10-01
1240
1241
1259
2008-11-01
1219
1221
1232
2008-12-01
1224
1227
1238
2009-01-01
1237
1242
1257
2009-02-01
1236
1241
1257
2009-03-01
1232
1235
1250
2009-04-01
1216
1216
1227
2009-05-01
1204
1201
1209
2009-06-01
1200
1197
1205
2009-07-01
1196
1193
1199
2009-08-01
1186
1184
1186
2009-09-01
1180
1178
1179
2009-10-01
1176
1172
1172
2009-11-01
1185
1182
1184
2009-12-01
1192
1190
1194
2010-01-01
1207
1207
1214
2010-02-01
1211
1213
1221
2010-03-01
1216
1217
1226
2010-04-01
1238
1242
1257
2010-05-01
1244
1247
1263
2010-06-01
1222
1223
1233
2010-07-01
1216
1216
1223
2010-08-01

18
1209
1208
1213
2010-09-01
1187
1186
1185
2010-10-01
1194
1192
1193
2010-11-01
1203
1203
1205
2010-12-01
1197
1197
1198
2011-01-01
1190
1188
1188
2011-02-01
1180
1178
1174
2011-03-01
1170
1167
1162
2011-04-01
1169
1166
1160
2011-05-01
1164
1161
1153
2011-06-01
1163
1161
1152
2011-07-01
1155
1152
1139
2011-08-01
1177
1177
1171
2011-09-01
1179
1179
1173
2011-10-01
1185
1184
1180
2011-11-01
1196
1195
1195
2011-12-01
1200
1200
1200
2012-01-01
1192
1191
1189
2012-02-01
1196
1195
1196
2012-03-01
1196
1194
1194
2012-04-01
1204
1202
1204
2012-05-01
1211
1211
1215
2012-06-01
1218
1218
1223
2012-07-01
1214
1213
1217
2012-08-01
1200
1198
1199
2012-09-01
1199
1197
1197
2012-10-01
1204
1203
1205
2012-11-01
1199
1197
1199
2012-12-01
1201
1199
1202
2013-01-01
1204
1205
1209
2013-02-01
1217
1219
1226
2013-03-01

19
1216
1217
1225
2013-04-01
1221
1222
1232
2013-05-01
1211
1212
1218
2013-06-01
1217
1219
1227
2013-07-01
1209
1209
1215
2013-08-01
1207
1206
1212
2013-09-01
1198
1196
1200
2013-10-01
1204
1202
1207
2013-11-01
1199
1196
1200
2013-12-01
1201
1198
1204
2014-01-01
1198
1195
1199
2014-02-01
1194
1190
1193
2014-03-01
1194
1190
1193
2014-04-01
1195
1191
1194
2014-05-01
1198
1194
1199
2014-06-01
1199
1194
1199
2014-07-01
1207
1202
1210
2014-08-01
1222
1219
1230
2014-09-01
1228
1227
1240
2014-10-01
1239
1238
1255
2014-11-01
1245
1245
1264
2014-12-01
1259
1260
1282
2015-01-01
1263
1264
1286
2015-02-01
1281
1284
1312
2015-03-01
1279
1281
1308
2015-04-01
1267
1268
1291
2015-05-01
1267
1267
1291
2015-06-01
1274
1274
1300
2015-07-01
1272
1272
1298
2015-08-01
1270
1271
1296
2015-09-01
1269
1270
1295
2015-10-01

20
1286
1288
1318
2015-11-01
1281
1284
1313
2015-12-01
1284
1289
1317
2016-01-01
1276
1281
1306
2016-02-01
1273
1278
1303
2016-03-01
1265
1269
1291
2016-04-01
1265
1269
1291
2016-05-01
1265
1271
1292
2016-06-01
1274
1283
1306
2016-07-01
1268
1277
1297
2016-08-01
1268
1277
1297
2016-09-01
1278
1291
1313
2016-10-01
1286
1299
1325
2016-11-01
1298
1311
1342
2016-12-01
1295
1308
1337
2017-01-01
1292
1305
1333
2017-02-01
1292
1305
1333
2017-03-01
1289
1300
1328
2017-04-01
1280
1290
1316
2017-05-01
1274
1285
1307
2017-06-01
1267
1277
1298
2017-07-01
1260
1270
1289
2017-08-01
1257
1265
1284
2017-09-01
1263
1272
1293
2017-10-01

PennStateMtnMan
11-10-2017, 02:09 AM
So, if I am reading that correctly, it isn't really going to change the value that much. If I am wrong, please explain it to me.

dollarsign
11-10-2017, 02:49 PM
The largest source of income for Iraq is U.S. dollars because oil is priced in that currency. Adopting an exchange rate as close as possible to that, gives them global liquidity, and makes it prohibitively expensive for others to jump on the bandwagon when the rate is released.

​$

40plus
11-11-2017, 11:42 PM
The largest source of income for Iraq is U.S. dollars because oil is priced in that currency. Adopting an exchange rate as close as possible to that, gives them global liquidity, and makes it prohibitively expensive for others to jump on the bandwagon when the rate is released.

​$


Yeaaaaaa, Baby!!!

ETA
11-16-2017, 02:14 AM
Yeaaaaaa, Baby!!!

Nice maybe soon

ETA
11-16-2017, 02:18 AM
Hoping you are right, seems interesting. why the signal,You would think they'ed keep it hush , hush

dollarsign
11-22-2017, 02:06 PM
absolutely they would. The introduction of some sort of currency controls, (a limit of the amount that one could exchange per month) would mitigate the shock. Even more interesting, is the chart showing the last time the 5 currencies to be used in the proposed basket "converged" , was when the current Iraq war began.

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mike032588
11-25-2017, 06:02 PM
im so damn confused... what the hell is going on... i cant read arabic... and the pdf is not translatable.. can someone translate PLEASEE --- (Im about to dig into it)

dollarsign
12-01-2017, 08:46 PM
https://cbi.iq/static/uploads/up/file-150962352944489.pdf

This is from page 11 of the 20 pg. pdf from the CBI site. It happens to show the LAST time the basket of currencies the IMF said were being modeled to average out the potential value of the IQD converged. Those 5 currencies as shown by the grapf in the pdf. (convergence) coincides with the start of the present Iraq war.
Now on Nov. 27th (actually done on the 15th) we get this...
https://cbi.iq/news/view/509

Again, scroll down until you start to see English, it's a great read.

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exso
12-03-2017, 06:05 AM
Thank you! Been waiting a long time. Even divided by 5 makes me happy!



Hi exso. Because the final rate will be an average of the currency basket listed by the CBI model, that is why we must divide by the number of currencies that will be used. x % of a U.S. dollar, x % of the British pound, x % of the Swiss Franc, X % of the Euro, and X % of the Yen when added, is projected to be the opening value of one IQD. So the average of the percentage those currencies, (there are 5) will be the opening rate, according to the CBI. :)

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ETA
12-03-2017, 04:30 PM
absolutely they would. The introduction of some sort of currency controls, (a limit of the amount that one could exchange per month) would mitigate the shock. Even more interesting, is the chart showing the last time the 5 currencies to be used in the proposed basket "converged" , was when the current Iraq war began.

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I have always had great respect for you and the data in your threads that you bring forward to this site. We all know at some point this currency must enter the free market place and be drirven by supply and demand.the most sensable thing to do would be to loop and make no one rich.there were no euros in circulation when the price was set at 85. ? in your opinion what is it that makes you feel this could be set at a rate without a loop that makes a lot of people wealth, feel free to message me privately ,or on site .thank you in advance to your response . ETA

dollarsign
12-03-2017, 05:47 PM
​No problem ETA, and thanks. One reason I feel people will make money is because of the FACTA data on the CBI site mid November. This gives the IRS information on Foreign Accounts, to include individuals (the FA in FACTA). The IRS would not collect such information if there were not going to be revenue streams to tax. The second reason, is something referred to as capital controls. If implemented, a lop is not needed. If the IFM agrees with the initial rate proposed by the CBI, (no, the CBI can't unilaterally initiate a rate. that right was given up the second they accessed SDRs, or Special Drawing Rights from the IMF) and there is a monthly limit imposed on the amount of dinars that could be exchanged for dollars, say for two years, that would put a max limit on what one could make from this. I.E. individuals limited to 500.000 IQD a month (just to keep the math simple, the Euro started at 85 cents to the dollar), over that hypothetical two year limit, the max anyone could make would be $12 mil. It wouldn't matter if one had 30 million IQDs, what they could actually realize would be limited by such a capital control, even if the IQD free floated over that 2 year period, there would still be a limit to protect the CBIs exposure. Additionally cash is listed as a liability on the balance sheet of the CBI just as it is here, or anywhere else that adheres to international banking standards.
What is exciting about FACTA being implemented, is if one reads through it, the IRS will be fully notified of account activity. The IRS has no need to keep track if they can't obtain revenue from a transaction. Finally, the exact 5 currencies to be used in the currency basket appearing on the CBI site, later accompanied by a graph clearly showing their values last converged exactly at the start of this current Iraq war has got to jump out at folks.
Just as one can get an equity loan (a liability) against the appreciation value in their home, a nation can do so against not only the current value, but future value of a commodity, in this case oil. If there is a 100 plus year reserve, the price of a barrel will be considerably more 60 years from now, and therefore enough to cover any initial hit from entering the global foreign exchange market. Hope this helps ETA, and thanks again. (can't wait to see how long it will take for this to show up on another site and presented as their research :D)


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dollarsign
12-03-2017, 08:14 PM
https://cbi.iq/static/uploads/up/file-151178252165596.pdf

Why would something labeled"Strictly Private and Confidential" be on the CBI website. By the way PWC stands for Price Waterhouse Coopers. The final accounting for the CBI is signed off by E&Y, or Earnst and Young, all U.S. entities. Still think this is an accident?

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ETA
12-05-2017, 05:15 PM
https://cbi.iq/static/uploads/up/file-150962352944489.pdf

This is from page 11 of the 20 pg. pdf from the CBI site. It happens to show the LAST time the basket of currencies the IMF said were being modeled to average out the potential value of the IQD converged. Those 5 currencies as shown by the grapf in the pdf. (convergence) coincides with the start of the present Iraq war.
Now on Nov. 27th (actually done on the 15th) we get this...
https://cbi.iq/news/view/509

Again, scroll down until you start to see English, it's a great read.

​$

The graph kind of says a rate can anyone figure out a rate based on the basket

mike032588
12-06-2017, 09:19 PM
HELPP is this something we should be taking seriously?!!? I cant believe its on the CBI's Site... this is some exciting stuff.. can someone better explain what is happening lol

dollarsign
12-06-2017, 10:58 PM
I wish I could, but I'm in the same boat with you on this one. :)


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What If....
12-09-2017, 01:31 PM
After a lop it will be worth close to 1:1?

Their M2 is still 88+ trillion.

3 zero lop with an ISX correction of 2 zeros.

So 1k will be 10k shares worth 0.1, so 1k will turn into 100k over 30yrs(?)

JMO

Its funny some big time investor can't read some simple charts and tables

dollarsign
12-09-2017, 05:00 PM
actually, its up to the IMF, and no single person or country.


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English Bob
12-12-2017, 12:29 PM
Looks to be mirroring the SDR.

Most CB's have SDR.............look it up!

http://www.imf.org/en/About/Factsheets/Sheets/2016/08/01/14/51/Special-Drawing-Right-SDR


The respective weights of the US dollar, euro, Chinese renminbi, Japanese yen, and British pound sterling are 41.73 percent, 30.93 percent, 10.92 percent, 8.33 percent, and 8.09 percent. These weights were used to determine the amounts of each of the five currencies included in the new SDR valuation basket that took effect on October 1, 2016. These currency amounts will remain fixed over the five-year SDR valuation period (see daily SDR valuation (http://www.imf.org/external/np/fin/data/rms_sdrv.aspx)). Since currency amounts are fixed, the relative weight of currencies in the SDR basket can change during a valuation period, with weights rising (falling) for the currencies that appreciate (depreciate) relative to other currencies over time.
The next review is currently scheduled to take place by September 30, 2021, unless an earlier review is warranted by developments in the interim.



Sorry to be a killjoy!

They are just using a basket of currencies to measure the value instead of one currency.

EB

dollarsign
12-12-2017, 02:09 PM
That's the point. Banks that access SDRs from the IMF can't unilaterally decide to change the rate in a major way without IMF approval, or they lose access to that facility. Unlike you, I did look it up. The French had to learn that back in the day, and long ago I posted the exact batch of press releases that went out in 1947, when about 16 countries made major changes to the value of their currencies over a 4 day span.(also a post war period, I know you're to slow to catch that) Each one states clearly "The Central Bank requests, and THE FUND CONCURS". Without IMF buy in, it didn't happen. France at another time unilaterally made such a change, and lost access to the SDR facility for a period of time. Good try, but you should know by now, I do my research... The press releases are in my initial thread, look it up.

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Most any banks that access
Looks to be mirroring the SDR.


http://www.imf.org/en/About/Factsheets/Sheets/2016/08/01/14/51/Special-Drawing-Right-SDR


The respective weights of the US dollar, euro, Chinese renminbi, Japanese yen, and British pound sterling are 41.73 percent, 30.93 percent, 10.92 percent, 8.33 percent, and 8.09 percent.These weights were used to determine the amounts of each of the five currencies included in the new SDR valuation basket that took effect on October 1, 2016. These currency amounts will remain fixed over the five-year SDR valuation period (see daily SDR valuation (http://www.imf.org/external/np/fin/data/rms_sdrv.aspx)). Since currency amounts are fixed, the relative weight of currencies in the SDR basket can change during a valuation period, with weights rising (falling) for the currencies that appreciate (depreciate) relative to other currencies over time.
The next review is currently scheduled to take place by September 30, 2021, unless an earlier review is warranted by developments in the interim.



Sorry to be a killjoy!

They are just using a basket of currencies to measure the value instead of one currency.

EB

English Bob
12-12-2017, 02:19 PM
That's the point. Banks that access SDRs from the IMF can't unilaterally decide to change the rate in a major way without IMF approval, or they lose access to that facility. Unlike you, I did look it up. The French had to learn that back in the day, and long ago I posted the exact batch of press releases that went out in 1947, when about 16 countries made major changes to the value of their currencies over a 4 day span.(also a post war period, I know you're to slow to catch that) Each one states clearly "The Central Bank requests, and THE FUND CONCURS". Without IMF buy in, it didn't happen. France at another time unilaterally made such a change, and lost access to the SDR facility for a period of time. Good try, but you should know by now, I do my research... The press releases are in my initial thread, look it up.

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Most any banks that access


Not slow to catch, They are just measuring the value of the Iraq Dinar against the the currencies as specified, nothing new.

So no Here we go!!

EB

English Bob
12-12-2017, 02:22 PM
actually, its up to the IMF, and no single person or country.


$





Wrong again it's a collection of person's and countries Not the IMF per say!

http://www.imf.org/en/About/Factsheets/Sheets/2016/07/27/15/24/How-the-IMF-Makes-Decisions

https://www.imf.org/external/np/sec/memdir/eds.aspx

https://www.imf.org/external/np/sec/memdir/members.aspx

EB

dollarsign
12-12-2017, 06:44 PM
you must really be lonely Bob...I can see why. :)

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40plus
12-13-2017, 04:42 AM
Perhaps time was needed for not-so-secret combinations to position the 9 trillion USD "lost" from the FED...possibly first buried in those foreign currency reserves sent to all the Central Banks by Bush and then fast forwarded..like, on steroids to friendly players by O-bla-bla?

Now that it's all been laundered into clean, crisp new dinar, the swamp rats can bring this latest and probably largest ever single heist to a conclusion and make Earth-changing, astronomical profits.

9 Trillion USD buys ?X? dinar...multiplied by an RV (not lop) and the big boys can finally let the Dollar, the USA and 90% of her people crash and burn. While the carnage ensues, they will be free and clear of it, sitting poolside in some Dubai high-rise owning the world's most stable new currency (ALL of it) from money they stole from us 'fair & square' because we didn't stop them.

As the dust settles, they can come back to clean up the mess in America (costing chump change), convert the survivors into obedient (read unarmed) slaves or soilant green and start the whole game over again.

....I think it's time for my medication..ahhhhhh, nice..zzzzzzz

dollarsign
12-13-2017, 06:06 PM
https://cbi.iq/news/view/528

His Excellency the Governor of the Central Bank of Iraq, Ali Mohsen Ismail, preside a financial and banking delegation to the Kingdom of Saudi Arabia upon the invitation of the Saudi Arabian Monetary Authority.The delegation will discuss the prospects of cooperation between the two countries, especially regarding the development of banking relations between Riyadh and Baghdad and the creation of investment opportunities between the two countries.


the pace quickens


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dollarsign
12-28-2017, 01:04 PM
http://www.uniraq.org/index.php?lang=en


Resolution 2390 (2017)Adopted by the Security Council at its 8126th meeting, on8 December 2017

The Security Council,
Recalling its resolutions 1958 (2010) and 2335 (2016),

Acknowledging receipt of the final report of the Secretary-General pursuant to paragraph 4 of Security Council resolution 2335 (2016), S/2017/820,
1. Welcomes the implementing arrangements entered into by the Secretary General and the Government of Iraq as requested in paragraph 7 of Security Council resolution 1958 (2010);

2. Also welcomes that the remaining funds in the escrow accounts established pursuant to paragraphs 35 of Security Council resolution 1958 (2010)have been transferred to the Government of Iraq pursuant to Security Council resolution 2335 (2016);

3. Concludes that all the measures imposed by the Security Council in resolutions 1958 (2010) and 2335 (2016) pursuant to Chapter VII of the Charter of the United Nations have been fully implemented by the parties.

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spacetuna
12-28-2017, 02:34 PM
https://www.treasury.gov/resource-center/sanctions/Programs/Documents/FR_amended_Iraq_Stabilization_Regulations_122717.p df

dollarsign
12-28-2017, 04:54 PM
the last 6 weeks of this year have been very busy.

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dollarsign
01-16-2018, 12:50 AM
Progress...

https://cbi.iq/news/view/561


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Will-it-happen?
01-16-2018, 08:56 AM
Progress...

https://cbi.iq/news/view/561


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That link no work