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Economist reveals a plan to protect the Iraqi dinar from landing

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wciappetta
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Economist reveals a plan to protect the Iraqi dinar from landing

Post by wciappetta on Wed 02 Sep 2015, 1:00 pm

Economist reveals a plan to protect the Iraqi dinar from landing
Date: 02/09/2015 19:48



[size=18]Information / special / .. 
Detection economist Basil al-Obeidi, on Wednesday, a plan to protect the Iraqi dinar declines and volatility of exchange rates. 


 Obeidi said in a special statement to the Agency information that "reducing the central bank sales of the dollar and make it in the field need the truth to the citizens as well as international bonds to be issued by the central bank and the $ ten million dollars will provide Iraq's hard currency and thus will protect the Iraqi dinar from fluctuations in the currency." 


 He added that "the decline of the dinar is linked to oil price fluctuations. If the price of oil has not seen remarkable stability in the stock market will Tstsamar currency to fall." Finished / 25 / l 
[/size]

https://translate.google.com/translate?depth=2&hl=en&rurl=translate.google.com&sandbox=0&sl=ar&tl=en&u=http://www.almaalomah.com/news/31004/%25D8%25AE%25D8%25A8%25D9%258A%25D8%25B1-%25D8%25A7%25D9%2582%25D8%25AA%25D8%25B5%25D8%25A7%25D8%25AF%25D9%258A-%25D9%258A%25D9%2583%25D8%25B4%25D9%2581-%25D8%25B9%25D9%2586-%25D8%25AE%25D8%25B7%25D8%25A9-%25D9%2584%25D8%25AD%25D9%2585%25D8%25A7%25D9%258A%25D8%25A9-


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jedi17
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Re: Economist reveals a plan to protect the Iraqi dinar from landing

Post by jedi17 on Wed 02 Sep 2015, 7:37 pm

Hard currency, or safe-haven currency is any globally traded currency that serves as a reliable and stable store of value.
Factors contributing to a currency's hard status might include the long-term stability of its purchasing power, the associated country's political and fiscal condition and outlook, and the policy posture of the issuing central bank.

Lobo
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Re: Economist reveals a plan to protect the Iraqi dinar from landing

Post by Lobo on Wed 02 Sep 2015, 8:01 pm

thumbs2

jedi17
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Re: Economist reveals a plan to protect the Iraqi dinar from landing

Post by jedi17 on Wed 02 Sep 2015, 8:44 pm

wow....thought that this post by ward would get more attention.....this is incrediable news

Lobo
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Re: Economist reveals a plan to protect the Iraqi dinar from landing

Post by Lobo on Wed 02 Sep 2015, 9:03 pm

Jedi, I totally agree.    Dance banna2 banna3

weslin3
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Re: Economist reveals a plan to protect the Iraqi dinar from landing

Post by weslin3 on Wed 02 Sep 2015, 10:09 pm

Sounds good! bounce

sassy
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Re: Economist reveals a plan to protect the Iraqi dinar from landing

Post by sassy on Wed 02 Sep 2015, 10:29 pm

Hard peg to the dollar!!!! Seems I've heard somewhere. hum

beverly508
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Re: Economist reveals a plan to protect the Iraqi dinar from landing

Post by beverly508 on Thu 03 Sep 2015, 2:15 am

,,truth to the citizens, seems like duck was right again

jedi17
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Re: Economist reveals a plan to protect the Iraqi dinar from landing

Post by jedi17 on Thu 03 Sep 2015, 2:26 am

@sassy wrote:Hard peg to the dollar!!!! Seems I've heard somewhere. hum

i agree that it will be a peg to the dollar, but the important part is the reference that the dinar will be a hard currency which means it will be a recognized currency traded on the forex.

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Re: Economist reveals a plan to protect the Iraqi dinar from landing

Post by sassy on Thu 03 Sep 2015, 6:00 am

thumbs2     Yep!!!

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