7-18-2012: IRAQI DINAR GURU GUESSES!!
7-18-2012 Newshound Guru Med WE ARE ALL SITTING GOOD. WE KNOW BY FACT THAT THE CENTRAL BANK HAS ISSUED A STATEMENT, DESPITE THE COUNCIL OF MINISTERS ATTEMPTS TO STOP THE RV, THE CENTRAL BANK IS MOVING FORWARD AND IT WILL BE DONE. WE ALSO KNOW BY FACT THAT 1 DINAR WILL EQUAL 1 USD. WE ALSO KNOW BY FACT WHAT THE NEW CURRENCY VALUES WILL BE AND THE FILS. WE ALSO KNOW THIS BY STATEMENTS FROM CBI THEY DO NOT WANT TO ENTER THE NEW CURRENCY IN THE MIDDLE OF A FISCAL YR. NOW WE KNOW BY FACT THAT THE NEW BUDGET FOR 2013 IS WHEN THEY WANT TO ENTER INTO THE NEW RATE AND NEW ISSUE. OK GRANTED THEY HAVE NEVER AGREED ON ONE BEFORE, IT WAS DUE, BUT THEY DID STATE THEY WANTED TO MOVE ON IT EARLY. SO ON THAT, ALL WE CAN DO IS HOPE. HOPE THAT THEY DO GET IT DONE SO IT IS BENEFICIAL FOR ALL, INCLUDING US.
7-18-2012 Intel Guru Cap1 A FLOAT CAN BE A MANAGED FLOAT OR A DIRTY FLOAT. A MANAGED FLOAT…IS ONE WHERE THE RATE STAYS THE SAME FOR A PERIOD OF 90 DAYS AND AFTER THAT 90 DAY PERIOD, IT CAN GO UP OR DOWN 2% EVERY 90 DAYS. A DIRTY FLOAT CAN GO UP OR DOWN HOURLY AND IT’S VALUE IS DICTATED BY MARKET CONDITIONS. THE LAW OF SUPPLY AND DEMAND. IT WILL SETTLE OUT AROUND $4.76, IMO.
Source: dinarguru
