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dinariac

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Everything posted by dinariac

  1. And why are they going to remove the 3 zeroes from the exchange rate? They aren't The removal of the 3 zeroes refers to the removal of the 3 zero notes from circulation. Alot is lost when translating from arabic to english. Research the lop forum and past post regarding this and formulate your own opinion of this. Every country does not have 3 zeroes in their exchange rate against the dinar, so, this arguement makes absolutely NO SENSE!!!!! RRRRRRVVVVVVV T T T T T T T T T T I I I I I I I I M M M M M M M E E E E E E E E :woot:
  2. Uh, no..... ..... For one (1) US dollar, the current exchange rate for the Yuan is 6.58. This is significantly lower that the IQD. Perhaps you meant to say the Vietnamese Dong? RRRRRVVVVVVV T T T T T T T T T I I I I I I I I M M M M M M M M E E E E E E E E E E :woot:
  3. If this is true, then why did Singapore revalue their currency earlier this week? RRRRVVVVVVV T T T T T T T T T I I I I I I I I I M M M M M M M M E E E E E E E :woot:
  4. Don't worry, you both are wrong RRRRRVVVVVVVV T T T T T T T T T T I I I I I I I I M M M M M M M M M E E E E E E E E E E :woot:
  5. GREAT TO SEE YOU ON BOARD DOC....We'd like to see you here more often. Most excellent response!!!! RRRRRVVVVVVVV T T T T T T T T T I I I I I I I I I I M M M M M M M M M E E E E E E E E E
  6. Yeah, Ali's supply of dinar is drying up and he needs to increase his stock of dinar so he has more to sell. Shoot, he lowered his buy-back of 1 million dinar to $800.00. Then he resells at $1,220 and makes $420 per million! Shrewd businessman Spread a bad rumor and make more money at our expense RRRRVVVVVVV T T T T T T T T I I I I I I I I M M M M M M M M E E E E E E E E E E :woot:
  7. "Lifting" the 3 zeroes does not make the rate .86 - removing 3 zeroes from the exchange rate makes no sense. They are removing all the large dinar notes from circulation. "Lopping" would make no sense economically for Iraq. Removing the large notes (as stated above) is the only feasible solution once they revalue. Then, when they refer to redenominate, as has also been stated, it will be with the introduction of the smaller denomination notes and coins. Homework is really necessary in this investment. You can go back through the forum archives and find answers to a multitude of questions. Questions that are repeatedly asked on a daily basis These daily questions are quite annoying for those of us that have been here for awhile. Not bashing here, just trying to let others with the same questions think about doing some research before asking questions that have been asked over and over and over "Nuff said - RRRRVVVVVVVVV T T T T T T T T T T I I I I I I I I I M M M M M M M E E E E E E E E :woot:
  8. AND, REMOVING THE ZEROES DOES NOT MAKE A 25,000 DINAR NOTE WORTH 25 DINAR, SO GET THIS S**T OUT OF YOUR HEADS. WHEN THEY REVALUE THEIR CURRENCY, THEY WILL NO LONGER NEED THE LARGE NOTES WITH THE THREE ZEROES JUST LIKE THE UNITED STATES NO LONGER USES THE $1,000, $5,000, OR, $10,000 NOTES ANY LONGER..................
  9. That's it I'm pretty much sick up and fed with the way you peeps come up with .86 all the time. Raising ( should be spelled - razing) the zeroes does NOT mean removing the three zeroes off of the nominal value of .00086 Everything is lost in translation like with the word "raising". When they talk of removing the zeroes, they mean the bills with the three zeroes (i.e. - 25,000/10,000/5,000/1,000) Remember, this is Iraq, their national currency is the "New Iraqi Dinar" which has a nominal value of $ .00086 to the US dollar. Removing the zeroes has nothing to do with the value of $ .00086 which is the US equivalent. Have I said it enough already 'Nuff said - RRRRVVVVVVVVV T T T T T T T T T I I I I I I I I I M M M M M M M E E E E E E E E :woot:
  10. Logic and common sense say, NO!!! The rumored information passed on was that the RV would take place on Monday. So, with this being Sunday, unless this formerly uninformed banker can travel back in time, he will be unable to purchase any IQD, which, in my opinion, serves him right. With that said, it is now, officially (again) - RRRRVVVVVVVV T T T T T T T T I I I I I I I M M M M M M M E E E E E E E E E :woot: Thanks for the post Ron
  11. This is true, but, they did participate in the buying of US dollars (link is from results 2 days ago). RRRRVVVVVV T T T T T T T T T I I I I I I M M M M M M M E E E E E E E E :woot:
  12. Now, don't take this the wrong way, but, I do believe that the CBI is auctioning US dollars and not dinar. RRRRRVVVVVV T T T T T T T T I I I I I I I M M M M M M M E E E E E E E E :woot:
  13. keepm, you really need to do a little more homework. I follow the KWD on forex regularly. However, because it is currently only paired with the Pound Sterling, maybe you're just having a hard time finding it. Managed or free floating, forex will trade it if they can profit on it! 'Nuff said.... RRRRVVVVVVVV T T T T T T T T T I I I I I I I I M M M M M M M M M E E E E E E E E E :woot:
  14. Hope your sources are accurate I'm sure ready for the ride to end. RRRRVVVVVVV T T T T T T T T T T I I I I I I I I M M M M M M M M E E E E E E E E E E :woot:
  15. Everything he brings over from "where ever" is usually posted in the "RUMORS" section. If you don't like what he brings, then don't read his threads. I, personally, read every rumor and take it at face value. I rarely bash since bashing suits no purpose on this forum. I resort to the (-) if I don't like what I read. Nointel, you are welcome here. RRRVVVVVVVV T T T T T T T T T T I I I I I I I I I M M M M M M E E E E E E E :woot:
  16. Doc! I am glad you're back I was about ready to call my old team and leave San Antonio for Florida to make sure you hadn't been kidnapped by some other unmentionable forum. Welcome home!!! RRRVVVVVVVV T T T T T T T T T I I I I I I I M M M M M M M E E E E E E E
  17. They're selling USD, not IQD! RRRRVVVVVVVV T T T T T T T T T I I I I I I I I I M M M M M M M M M E E E E E E E E E E :woot:
  18. Kuwait did NOT LOP when they revalued their currency. RRRRRVVVVVVVVV T T T T T T T T T I I I I I I I I M M M M M M M M E E E E E E E E :woot:
  19. The CBI rate will be the rate. However, banks are out to make a profit and, therefore, their rate will usually be lower than the published rate of any central bank. Remember, every bank will make money any way it can....Example, Chase Bank announcement today of $5.00 atm fees for non-account holders! I'm sure if Keepm reads my response that he will find something to bash about it..... RRRRVVVVVVVVVV T T T T T T T T T T T I I I I I I I I I M M M M M M M M E E E E E E E E :woot:
  20. dinariac

    Rumor

    Links not required in "Rumors Section"! RRRRRVVVVVVVVV T T T T T T T T T I I I I I I I M M M M M M M E E E E E E E E E :woot:
  21. Ledger to ledger is where a bank will transfer funds from one account to another account within its own system. Wire transfers are between two different banks. With a ledger transfer, Uncle O and the US Treasury and the IRS would not be able to easily trace monetary transactions. However, with a wire transaction of over $10,000, notification is required to be sent to the appropriate government agencies. RRRRVVVVVVV T T T T T T T T T I I I I I I I I I M M M M M M M E E E E E E E E E :woot:
  22. I know you've heard the old saying that "A bird in hand is worth two in the bush!" Well, personally, I prefer my dinar in hand and NOT in some foreign bank account where anything could happen. Welcome to the forums..... RRRRRRVVVVVVVVVV T T T T T T T T T I I I I I I I I M M M M M M M M E E E E E E E E E :woot:
  23. Okay, I'm ready to put these "PUMPER" comments to rest. Let's say that, because of this "RUMOR", I decide to order more IQD Then, miraculously, the IQD revalues as stated in the "RUMOR" Am I mad at the "PUMPER" NNNOOOOOOOO The "PUMPER" just made me a wealthier man Enough with the pumper CR*P RRRRRRVVVVVVVV T T T T T T T T T I I I I I I I I I M M M M M M M M E E E E E E E E E :woot:
  24. The IQD should be tradeable in the very near future. This would automatically supercede EO13303 as the IQD would be internationally traded once the RV takes place. RRRRRVVVVVVVV T T T T T T T T I I I I I I I I M M M M M M M E E E E E E E :woot:
  25. There are quite a few of us here in San Antonio, I personally know five. We're all pulling our hair out with all the misinformation out there as of late. I've looked at some property in Uvalde , looking to migrate out of SA after the RV. The traffic here is :wacko: RRRRVVVVVVV T T T T T T T T T I I I I I I I M M M M M M M E E E E E E E :woot:
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