Dinar Guru
Join over 101,634 of your dinar peers!
Enter your email address in the blue box below...
  • dinar guru predicts
  • dinar news: Start Here
  • iraqi dinar recaps
  • about dinar guru
  • free stuff
  • iraqi dinar RV tool
  • contact us
  • privacy policy
  • Disclaimer
  • Terms and Conditions
  • i

1-19-2012 Guru Kaperoni Thursday chat “What is the CBI up to?”

1/19/2012

 
_


1-19-2012  Guru Kaperoni chat log
“What is the CBI up to?”
_
kaperoni: Today’s chat is a “What is the CBI up to?” chat.

kaperoni: I wanted to take a shot at this rate change. I am not an economist, but I do have tactical skills as a researcher and think there are some interesting assessments that can be seen with this rate change. Though somewhat speculative, only time will tell if I am right.

Kaperoni: Article…

kaperoni: The Central Bank raise the price of the Iraqi dinar against the dollar by 3.4% - 19-01-2012

kaperoni: We all know the CBI adjusted the rate of the dinar yesterday. Some .34% (3.4%) as stated in the article title. This is the first time in 3 years that the CBI has done such a thing, and Shabibi has maintained in the marketplace an 1170 to $1 rate. Thought this seems nominal, it may have significant meaning in the Plan. Let’s take a look at a few quotes from this article….

kaperoni: “the Bank worked to raise the prices of the Iraqi dinar against the dollar during the sessions for the sale and purchase of foreign exchange by four dinars and by .34%  to up to 1166 dinars to the dollar,”

kaperoni: To the citizen, this is meaningless. We're talking about 4 cents on a $100 purchase at this exchange rate. So, IMO, there is little or no effect in the marketplace. And especially when we know from the previous chat the extensive efforts to “dollarize” the economy in recent weeks. This next quote seems to imply we may be close to the RV…

Click "Read More" on the right to get the full scoop : ) _

Read More

    Archives

    April 2013
    January 2012
    December 2011

    Categories

    All
    Ban Ki-Moon
    Bear5642
    Bulldog75
    Bwm
    Cbi
    Cbi Interview
    Chapter Vii Of The United Nations Charter
    Checkmate
    Conferencecall
    Dinar
    Dinar Banker
    Dinar Chat
    Dinar Tax
    Doc
    Footforward
    France
    Gatekeepers
    Guru Med
    Historian
    Imf Document
    Iqd Revaluation
    Iqd Team
    Iraq
    Iraq Chapter7
    Iraq Chapter Vii
    Iraq Currency
    Iraq Dianr
    Iraq Dinar
    Iraq Dinar Cashin
    Iraq Dinar Conference Call
    Iraq Dinar Revaluation
    Iraq Dinar Rv
    Iraqi Dinar
    Iraqi Dinar Conference Calls
    Iraqi Dinar Delete The Zeros 2013
    Iraqi Dinar Revaluation
    Iraqi Dinar Rv Super Conference Call
    Iraqi Dinar Tax 8938
    Iraq Revaluation
    Jonnywg
    Kuwait
    Kuwait Dinar
    Kuwait Dinar Revaluation
    Kuwaiti
    Mailman17
    Med
    Med Chat
    Peopleinvested
    Ptr
    Revaluation
    Rv
    Tax Form 8938
    The Gatekeepers Team
    Tonytnt
    United Nation
    United Nations Secretary General
    United Nations Security Council
    What Does Imf Do
    What Wto Do

    RSS Feed

©Copyright 2010-2022, Dinar Guru, All Rights Reserved.  All emails and correspondence sent to Dinar Guru become the exclusive property of Dinar Guru.  By reading this, you agree to all of the following: You understand this to be an expression of opinions and entertainment and not professional advice.  You are solely responsible for the use of any content and hold Dinar Guru and all members and affiliates harmless in any event or claim.
PO Box 792287, New Orleans, La 70163
Privacy Policy  -  Terms and Conditions  -  Contact