Sunday, April 25, 2010

April 30, 2010 IMF Fiscal Year Ends ...


IMF's Fiscal year ends April 30, 2010

April 30, 2009 ~Pdf (2009) ~


and ... maybe a real rate will be set for Iraq

Iraq: Letter of Intent, Memorandum of Economic and Financial Policies, and Technical Memorandum of Understanding

~snip

February 8, 2010 ~ PAGE 17

IRAQ: TECHNICAL MEMORANDUM OF UNDERSTANDING

II. DEFINITIONS-

For purposes of monitoring under the program, a program exchange rate will be used. This program exchange rate will be set at ID 1,170 per U.S. dollar.

The program exchange rate will be used to convert into Iraqi dinars the U.S. dollar value of all CBI foreign assets and liabilities denominated in U.S. dollars, as required. For CBI assets and liabilities denominated in SDRs and in foreign currencies other than the U.S. dollar, they will be converted in U.S. dollars at their respective SDR-exchange rates prevailing as of December 31, 2009, as published on the IMF’s website.

April 26, 2010 ~

1 IQD = .0009 USD
1 USD = 1168.55

http://www.imf.org/External/NP/LOI/2010/irq/020810.pdf