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Wednesday, February 20, 2013

STRYKER POST, 20 FEB

2-20-13 Stryker: AS YOU CAN SEE 'if you go to the CBI Website", NOTHING HAS CHANGED, THE AUCTION AMOUNT IS AVERAGE TODAY........

THIS IS THE COMPLETE ARTICLE BROKEN DOWN WITH NOTHING MISSING...

AND THIS IS JUST MY OPINION OF THIS ARTICLE AND IS NOT MEANT TO SAY I KNOW EXACTLY WHAT THIS GUY IS SAYING BUT WITH OVER 10,000 HOURS OF RESEARCH, I HAVE A PRETTY GOOD IDEA FOLKS !

**** Economic expert warned Jalil al-Rubaie, ..... AS YOU CAN SEE IT IS AN OPINION PIECE BUT I LIKE HIS OPINION, AS YOU WILL SEE IN HIS LAST TWO STATEMENTS ....

**** reduce the size of the hard currency sales at a central bank auction because it will affect the exchange rate of the dinar against the dollar ..... I BELIEVE HE IS SAYING DON'T REDUCE BECAUSE IT WOULD EFFECT THE EXCHANGE RATE OF THE DINAR AGAINST THE DOLLAR ....... HE IS WOULD BE RIGHT .....

**** calling for a balance between the buying and selling of currencies in the market. ..... AS REPORTED IN THE OCTOBER REPORT TO CONGRESS ....

**** No central bank can reduce the sales of hard currency in the public auction, ...... MEANING THAT A PETRODOLLAR COUNTRY MUST SELL OFF THE DOLLARS THAT FLOW INTO THE COUNTRY. IF YOU THINK I'M WRONG ON THIS ONE JUST LET ME KNOW, SOME ARE BETTER AT THIS ONE THEN I.....

**** because it will lead to increased demand for the dollar in the market, ... WE HAVE READ ABOUT THIS BEFORE AND EVEN WHEN THE DOLLAR AMOUNTS WERE HIGH ...

**** what makes the dinar exchange rate drop dramatically. .... HE IS TALKING ABOUT THE MARKET EXCHANGE RATE FOLKS, NOT THE CBI RATE .....

**** He added: the central bank should take policy balance, buying and selling of foreign currency in the market to maintain a stable exchange rate of the dinar against the dollar. ....... AND THIS IS EXACTLY WHAT THEY HAVE DONE, SHABIBI SET THIS UP IN 2003 AND IT HAS NOT CHANGED, THAT'S WHY SO MANY ARTICLES SAY THAT HE WAS DOING EVERYTHING RIGHT AND THEY HAVEN'T CHANGED A THING SINCE IS NON RETURN TO IRAQ ....

**** He explained: ....... NOW THIS IS WHAT WE LIKE TO HEAR FROM AN ECONOMIC EXPERT LIKE THIS .....

**** that monetary policy pursued by the Central Bank of the current is good because it maintained the stability of the value of the dinar,

**** saying it aims to increase its exchange rate against international currencies in the coming periods

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