Guest views are now limited to 12 pages. If you get an "Error" message, just sign in! If you need to create an account, click here.

Jump to content

nikki

Members
  • Posts

    72
  • Joined

  • Last visited

About nikki

  • Birthday 04/07/1958

Profile Information

  • Gender
    Female

Recent Profile Visitors

6,561 profile views

nikki's Achievements

Newbie

Newbie (1/14)

0

Reputation

  1. BAGHDAD -- An Iraqi Central Bank official says per capita income in the country is projected to more than double within the next four years as a result of a sharp increase in Iraq's oil output and higher market prices for oil, RFE/RL's Radio Free Iraq (RFI) reports. Majid al-Suri, a Central Bank economist, told RFI that per capita income in Iraq is expected to reach some $10,000 by the end of 2015 compared with about $4,500 at present. Al-Suri said the projections are based on data provided by the Oil Ministry showing that oil contracts signed with major energy firms such as ExxonMobil, Shell, and BP will boost Iraq's oil production to an estimated 12 million barrels per day, including some 3 million barrels that will be used domestically. But he said he does not expect the considerable increase in oil revenue to guarantee proportionally higher living standards for the populace due to the "rampant corruption" in the country and the "mismanagement of public funds." Iraq affairs analyst Bassim Jamil Anton told RFI that emphasis should be placed on promoting other economic sectors to help increase Iraq's per capita income rather than putting all of the country's development prospects on the oil sector. He said Iraq can only hope to match the prosperity of its oil-rich Arab counterparts with growth in such potentially promising sectors as agriculture and tourism and by attracting foreign investment. Anton said that despite the continuing terror attacks in some parts of Iraq, economic progress is being made and the number of Iraqis living below the poverty line is projected to decline in the coming years to some 5 million people from the current 7 million. He said that in the meantime, the government's priority should be lowering the country's high unemployment rate of some 30 percent. http://www.rferl.org/content/iraq_bank_official_predicts_economic_growth/2327456.html
  2. Capital One Bank Prairieville Louisiana Branch Capital One's rate to buy IQD for today was .0010548 One million IQD cost $1,054.80
  3. If you have emailed Warka and haven't gotten anything back, check your spam mail just in case..
  4. I have it in .pdf but it is more than 500K so it won't let me upload it
  5. I googled "Process of currency revaluation' and came up with this: REVALUATION OF FOREIGN CURRENCY We mentioned how the rate of exchange of some foreign currencies is set by official agreement. Any change in the official or agreed upon rate of exchange will result in again or loss by revaluation. Revaluation is a change in the U.S. dollar value of the foreign currency. You should understand the revaluation process because the rates of nearly all major foreign currencies fluctuate frequently as a result of changing market conditions. You should also understand the accounting procedures a DO must use for revaluation of foreign currency when the rate of exchange is backed by an official agreement between the United States and the specific foreign government and when it is not. Let’s first look at the procedures the DO must use in the case of an official change in a fixed legal rate of exchange. OFFICIAL RATES OF EXCHANGE Upon receiving a notification of a change in valuation because of an official government action, the DO should immediately make the change in his or her account. If possible, the DO should make the revaluation of the foreign currency on hand at the beginning of the business day in which the change in the prevailing rate occurs. In revaluating the foreign currency, the DO first determines the new U.S. dollar value by dividing the total foreign currency on hand by the new exchange rate. The DO then compares the dollar value at the old rate with the dollar value at the new rate and determines whether a gain or a loss has occurred. Gains and Losses Because all foreign currency is carried in the DO’s account at the U.S. dollar value, the DO must adjust this account by the value of the gain or loss resulting from the revaluation. The DO does this by recording the gain or loss by revaluation as a transaction in the account. Documentation The DO must prepare and sign a Certificate of Revaluation, similar to the one shown in figure 5-2. This certificate will be attached as a supporting document to the DD 1131 or SF 1034, which the DO must also prepare to account for the gain or loss by revaluation. More found at link below: http://www.tpub.com/content/administration/14061/css/14061_89.htm
  6. I could not find anything about smaller banknotes ever printed. Does anyone have proof of the smaller banknotes Banknotes printed in 2003 50 250 1,000 5,000 10,000 25,000 The 500 was printed in 2004 http://www.globalsecurity.org/military/world/iraq/currency-reform.htm Frequently Asked Questions Regarding New Iraqi Currency (Link below) http://www.globalsecurity.org/wmd/library/news/iraq/2003/07/iraq-030707-usia03.htm
  7. nikki

    XE Trade

    Nikki: Do you trade Iraqi Dinar Call accepted by XE Trade Customer Service. You are talking to Ashley. Please note that we cannot provide rate quotes via Live Chat. Ashley: Hello! Thanks for contacting XE Trade. Ashley: No, unfortunately we do not deal with the Iraqi Dinar. Nikki: Will yall be dealing with it in the future Ashley: Not in the near future, no. Nikki: ok well thank you. I figured with the UNSC meeting today more options will open up for Iraq Ashley: I'm not aware of that meeting, but be sure to check back with us in the future. Nikki: One more question? Is there a reason you do not deal with the Iraqi Dinar Ashley: Yes. It has to do with international regulations for money laundering and terrorist financing. The requirements are made by the Financial Action Task Force http://www.fatf-gafi.org/pages/0,2987,en_32250379_32235720_1_1_1_1_1,00.html Ashley: It is not an internal decision. Nikki: ok, Thank you Ashley for all your help, have a wonderful day Ashley: You too! Ashley: Thank you for your interest in XE Trade.
  8. I called my local news station and asked if they could do an investigative story on the Iraqi Dinar and explained to him about the investment and he seemed interested and said he will look into it and call me if they decide to do the story
  9. Got this in my email this morning.. I don't really understand it but someone else might.: New item about your countries of interest: Country's Policy Intentions Documents -- Iraq: Letter of Intent, and Technical Memorandum of Understanding, September 18, 2010 http://www.imf.org/External/NP/LOI/2010/irq/091810.pdf http://www.imf.org/External/NP/LOI/2010/irq/091810.pdf
  10. I sent 2 wire transfers from Capital One to my Warka account and when I tried to sent the 3rd wire to my Warka account they told me I had to have a physical address for the Warka Bank and would not send the wire without it, Tried to tell them I had no problems the other 2 times and they got it just fine, but they wouldn't do it.
  11. Q1. Money not an issue, no job to go to, I would spend more time with family, travel. Q2. Keep my job, spend time with family as time allows.
  12. Iraqi sailors train on patrol boats in Morgan City PhotosVideo Iraqi sailors train on patrol boats in Morgan City Iraqi sailors train on patrol boats in Morgan City Updated: September 24, 2010 7:27 PM By Heather Harel Source: WBRZ Dozens of Iraqi sailors are in Louisiana training on patrol boats built in Morgan City, but they’re learning more than just sailing. The Iraqi government purchased 15 patrol boats that will be built at Swiftships Shipyard in Morgan City. At least five groups of Iraqi sailors will spend 90 days training at the shipyard. Once training is complete, the sailors will use their new ships to patrol the Iraqi coastline in the Persian Gulf. News 2’s Rob Krieger joined the sailors and got answers on what it takes to operate the new Iraqi patrol boats. http://www.wbrz.com/news/iraqi-sailors-train-on-patrol-boats-in-morgan-city/
  13. I have it in PDF form but it is too big to upload here
  14. Link to the transcript of the interview with Jones on CNN, it starts closer to the end of the transcript. http://transcripts.cnn.com/TRANSCRIPTS/1008/11/sitroom.02.html
  15. Anyone notice the date on the article Am I wrong or is it May 4, 2003
×
×
  • Create New...

Important Information

By using this site, you agree to our Terms of Use.