Genethunder2001

When you noticed the different pricing were you by chance looking at the smaller denoms? As always with DinarTrade if and when considering smaller denoms he always charged a greater rate. Just saying...........

I think you guys are thinking with the opposite end of your body. OK here goes ------- When the dinar drops in the number from say 1170 to 400....that meaning the value has gone up on the Dinar ...which in turn also means that you would be buying less Dinar for the USD.......Capish? So, it seems that we would want it to drop from 1170 or whatever to a lower number to gain value thus making the exchange higher..........otherwise if the number rises then the Dinar keeps losing value therefore making it to when you buy you get more for your USD and making all this investment null and void come time to do "CASH IN". If I am wrong....someone please correct me on this.

* The exchange rate was increased locally during the last two days of 118 thousand dinars per hundred dollars to 119 thousand dinars per hundred dollars December 3rd, 2010 10:27 pm · Posted in NEWS BAGHDAD / Aswat al-Iraq: The advisor said the Central Bank of Iraq, Thursday, the easing of the cash sales in the auction for the sale of foreign currency early next week, indicating that the high exchange rate locally caused by speculators in their desire to obtain a quick profit. He added the appearance of Mohammed Saleh told (Voices of Iraq) that the Central Bank of Iraq “has decided to reduce its procedures in the case of the cash demand for the dollar, including local and does not contradict with the law of the fight against crime and money laundering.” Saleh explained that the central “had stressed Ajraeth used for sale cash during the few years as a condition to the banks to bring archives of legal same time the request to the foreign currency, causing obstruction of their work,” noting that the Central decided to “soften the measures apply archives during a week of the receipt of cash and can private banks, joint auction of foreign currencies demand for foreign exchange at any time. “ Salih noted that the central “to meet all requests for cash-class travel, according to the first permitted by law,” he could “receive other amounts that are objective reasons for gripping and according to an official The high exchange rate in favor of locally he considered it the result of “speculative currency traders who are looking for a quick profit,” and expressed his belief that it is “just a bubble will be gone quickly and the exchange rate back to its original place.” And the exchange rate was increased locally during the last two days of 118 thousand dinars per hundred dollars to 119 thousand dinars per hundred dollars. On sale remittances, Saleh said that the “sale remittances outside Iraq is allowed for commercial purposes in accordance with gripping legal, as citizens can transfer funds for the purposes of payment of fees for university students out of Iraq or for the purposes of treatment, or any other reasons,” and that “not inconsistent with the law against laundering money “. The central bank held an auction of five meetings a week starting from Sunday to Thursday for the sale and purchase of foreign currency, and receive a cash commission on the sale of about 13 dinars per dollar, and receive a commission of 13 dinars per dollar on the sale of remittances outside the country.

Funny you should mention Goldman Sachs......as this weirdness unfolds I was talking with a business owner today here in town where I reside and he told me that same exact thing. (that Goldman Sachs had bought the remaining Dinar). Well, if it is true I guess we can all just take a gamble on how much that Ali and the others still have in their possession if we were to choose to buy more. Good post and weird that we both heard this in the same day. Time will tell I guess if it is true or not.......when we get told that there is not any Dinar left, etc.

http://www.wcrane.com/iraq/

http://don't promote other sites.wordpress.com/2010/11/22/trade-agreements-and-currency-and-its-impact-on-iraqi-economy/ stay updated via rss LIVE FOREX TRADING SEARCH ARCHIVES TODAY’S NEWS SUMMARY MEMRI Blog: Maliki, To Be Officially Designated To Form Iraqi Government, Is Already In Action Delay of the budget impacts investments Forex market still in a state of flux as firms feel the squeeze Central Bank: inflation in Iraq, to 3.2 percent in October President of Parliament calls for some ministers to be held accountable and brought to Parliament; Oil, Finance, and Agriculture Talabani’s remarks on Iraq/Kuwait draw different reactions Council of Ministers discusses 2011 budget tomorrow Ministry confirmed that it would send oil fields Saybah contracts and Mansuriyah in the third round of licensing to the Council of Ministers next week. Natl. Guard Soldiers To Deploy To Iraq Trade agreements, currency and its impact on Iraqi economy; Dropping Zeros Iraq Foreign Minister receives British Foreign Minister; Discuss Chapter VII and DFI Foreign Minister Zebari meets with UN High-Level Coordinator on the affairs of missing persons and Kuwaiti property Adoption 2011 budget would reduce unemployment rate significantly Iraq List: Law of the Supreme Council policies will be presented to parliament in less than a month Maliki to receive names of the candidate and portfolios today or tomorrow ///////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////// ARE THEY GIVING US THE RATE BELOW? ($1Dinar = $3.1 US Dollars ) ///////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////////// Trade agreements, currency and its impact on Iraqi economy; Dropping Zeros Posted: November 22, 2010 by Justhopin in Iraqi Dinar/Politics Tags: Baghdad, Business and Economy, Economic, Financial services, Iraq, Iraqi dinar, middle east, United States 0 EDITORIAL: It has become among the fashionable and as an economic activity a natural question of the transfer of billions of dollars out of Iraq by private sector banks under the trade deals, and the bulk has not returned to Iraq in imports is needed by the Iraqi market, but turning part of them to the real estate companies and the other part remained balances reviews in foreign banks, and all this happened in the absence of strict financial control deliberately six years ago, and continued to this day without setting the parameters and controls (legislation), to prevent the sale of billions of dollars abroad, and directed towards development. Imports that the private sector for the past five years 2006 – 2010, according to official statements amounted to $ 180 billion! True it is possible to say, because of the economic blockade harsh, which made people sell every thing you own, in order to obtain a living, and after the fall of the Baathist regime of arbitrary, rushed the Iraqis after the rise in their purchasing power to acquire what they need in their homes and make up for what they sold in previous years, But my question is – how much is the share of imported technology from abroad of those billions? .. The answer is zero, nothing like that! Vleutbakt economic policy effective limit the dumping of the internal market, by raising the tariff increase Alگmrگip and rehabilitation of public sector companies and the agricultural sector through the financial allocations sufficient, for it was possible to allocate the bulk of the money leaks out to fill the shortfall in the annual budgets, which is ( chronic disease), which the government no longer able to get rid of it, which will be by 25 billion Dolarvi balance of 2011, but we find the allocations of the Ministry of Industry for the year 2010 is $ 72 million, and this amount is enough to qualify tenth factories belonging to the Ministry of Industry, therefore, the stalemate in the development of industry and agriculture, it was not spontaneous or stems from lack of experience, but a deliberate policy by some parties in power to protect the merchant class parasites, who make up the interface and sponsorship funds and operated in a commercial activity, and some traders are independent heads of their money paying royalties to some influential people in power in order to continue sabotage their business. The last trade agreements, concluded with the Turkish side, which provides for lifting of trade exchange between the two countries to $ 18 billion, but what will be Iraq to Turkey!! … Nothing at all, means more deals flooding the domestic market and the expansion and recovery of parasites merchants. In connection with the currency and deleting three zeros from Iraqi dinar, has been published and DVDs 8.9.2010 on my site civilized dialogue and the voice of Iraq, an article entitled [Remove zeros and raise the purchasing power of the Iraqi dinar] have shown my opinion at the time, but I want to clarify in addition to the deletion of three zeros is the following: - First – you must cancel the nominal current of the Iraqi dinar (1500 dinars = $ 1) developed by L. Paul Bremer III, and re-Face value: the former (1 dinar = 3.1 U.S. dollars), especially as we know that the cash reserves of strategic direct Iraqi currency had reached $ 50 billion , except the reserve is the direct and Danh in my article mentioned above. II – must not exceed the number of types of notes and paper-based JD seven papers, one of the categories (quarter of a dinar, half a dinar, dinars, five dinars, ten dinars, twenty-five dinars – the latter only be traded between banks only) – This rule is prevailing in the countries developed. The increase in types of Baknot lead to slouch a result of such currency and the loss of her rare and inflation. When you achieve the conditions mentioned, will increase the demand for the Iraqi dinar as the currency in foreign markets are rare and therefore its purchasing power will be enhanced. http://bit.ly/ddC7YC

Did I read this right when you stated that one of our informants airplane went down? Hope we are not talking about Steve. He was to go to Iraq via plane as he explained the other day.

Weird.......... Now this is off topic of Bank Of America and deals with my local bank here in town. The following message is what I just saw and this is NOT the norm for my bank as I have dealt with them for 20 years and they have NEVER done anything like this before...... Get a load of this message - Due to yearly system maintenance F&M ACCESS will have limited access on Friday, November 19, beginning at 7:30 pm until approximately 11:00 am on Saturday, November 20. We apologize for any inconvenience. Seems like a mighty long time just to perform maintenance on electronic accounts involving debits and credits don't cha think? I think something else is going on behind the scenes that has yet to be unveiled.......hopefully in the near future.... GO RV !!!!

RVDinar4MyFamily .... I think you are thinking in reverse. If the Dinar stays @1170 or more the value of their Dinar would be less....because right now at 1170 the value is less that 1/10th of an American penny. As the Dinar number (1170) gets lower...then the value of the Dinar gets greater.... Meaning when you purchase you would be getting less for your USD because the Dinar would be worth more. Correct me please if I am wrong.

LanaL, on 15 November 2010 - 10:47 AM, said: At least it is some movement, has been 1169.5 now at 1166, 16% increase. I believe we want these to move to 1:1, 1:2, 1:3, etc, right. Could just be a big pop, someone buying a large amount and then will go back to 1169, Well, if it has never been on FOREX in the recent say.....7 years or so ....then it would not be tradeable until an RV were to happen ...therefore if someone was buying large or small amounts it will not make a difference either way. I checked this link this morning and it was 1170.....(that was 6 hours ago)....then I check it now (10 minutes ago) and it has progress. So, you tell me.

Yeap, when I saw the GREEN figure on the right hand side I knew something was "starting" to happen. It may be a ways off and a slow start, but at least it is a start of some sort.

http://www.forex.tradingcharts.com/quotes/index.php?sym=usdiqd&Submit=Go&tz=GMT May be something we have all been waiting for.....maybe not.

....is there anyone at home? Normal, the calm before the storm......just be patient and hang in there.

That's always been his policy when you order over a certain amount of Dinar. Read the small print on the website....it's all there.

I placed an order with DinarTrade this evening for more Dinar obviously.....no sooner than I had left the website and went straight to my email I had a confirmation there... Talk about lightning fast.!!