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gmoney1217
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Posts posted by gmoney1217
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Screen shot of WHOIS registry for 3eyon-host.net
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The deeper I dig, the more legit the test site is looking. I'd love to get to the root of who first found it.
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The new cbi.iq is hosted by a company called Teknograd in Norway. The "test site" cbi.3eyon-host.net/ is hosted in germany. I'm still digging to find out more info on "test site".
I dont have any doubts to the new cbi.iq being real. I'm questioning the "test site" that says a rate of 1.20. It would be EXTREMELY easy to copy a site, so more than likely someone is sitting back laughing.
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official website does not work as well on safari, but works well on google chrome. maybe because of chrome's built in translation feature. The site has always worked for me and i have never seen anything but 1184 on there. Just checked it now and its still 1184. this is a screen shot from the arabic side
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ABC-Iran Changes Currency Unit Back to Toman
QuoteIran's official IRNA news agency says that President Hassan Rouhani's administration is proposing changing the name and denomination of the country's currency.
The report says the Cabinet approved a measure on Wednesday calling for the change from the rial to the toman. One toman would be worth 10 rials, or around 3,200 to a dollar at official exchange rates, and 3,900 to a dollar at unofficial rates.
The Iranian currency was known as the toman until the 1930s, when the name was changed to the rial at a rate of 10 rials to a toman. Many Iranians continued to use the old terminology even after the change.
Parliament will have an opportunity to weigh in on the proposed change before it goes to the constitutional watchdog Guardian Council for approval.
Doesn't look like anything is set in stone yet.
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32 minutes ago, Botzwana said:
Yeah but the 90 is much smaller than the 9. Woudn´t that be 9.90?
i thought the same thing. But if it was 9.90 IQD and we were at a 1-to-1, that would be $9.90USD for a tomato or a pound of tomatoes. Thats way too expensive.
They key is analyzing the rest of the prices in the background. You can see prices but hard to tell what they are priced for. The prices between the tomatoes make me think nothing has changed.
BUT, it is cool seeing them use IQD price signs and not USD price signs. Not sure if they have ever listed prices in USD, but that at least shows us they want to use the IQD on day to day normal transactions.
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the description of the video in english (according to google translate):
Familiy Mall in the Iraqi city of Sulaymaniyah full description and different views from home and abroad
Opening familiy Mall in the city of Sulaymaniyah in northern Iraq is very huge building and architectural design stately and impressive
If those tomatoes are 990 IQD then that would be .84 cents, right?
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Anyone having luck applying online? Have been searching through the website but can't find a link to apply online for a new account.
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Can you still apply online on the warka website? I am not seeing the option to apply online.
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Has anyone opened up an account with another bank other than Warka? I was considering opening up a few different accounts (Warka, Credit Bank of Iraq & Bank of Baghdad).
Searched through threads but couldn't find info on anything but Warka. Thanks in advance for any input/advice.
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no date given. not sure why link is not working. if you click "economic news" on the left hand sad that should take to back to all the articles. this article was the third one down
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Palm - Deputy Governor of the Central Bank of the appearance of Mohammed Saleh said that the bill included proposals for a new currency and the categories that bear and details of technical and economic.
Saleh pointed out during the permit media changing the currency and delete zeros decision taken by the executive and approved by the legislature, and that the project will not be implemented hastily, but will be taken a number of factors to consider before you start to implement it, including the date of the financial year and the strength of the national economy, among other indicators in the favor of the view that This law, if approved, will have a positive impact on the Iraqi currency in several aspects you need during the next phase, which will strengthen the value of the Iraqi currency.
He described the favor of a system of cash payments of the current Iraqi regime miserable, noting that the largest denomination in which value does not exceed twenty dollars, confirming that the deletion of zeros will enhance the value of the Iraqi currency, and reduces the cost of handling cash, The currency in its present estimated size of today Petrlionat dinars, making the process of dealing monetary cost is high.
And the concerns of rigging the new currency in the event issued or it will affect negatively on the economic situation, responded in favor: it reflects the look bleak, do not forget that there are other countries in deciding to switch its currency and dropped them zeros, such as Turkey, Romania and Brazil without being its economy to shocks and thus Iraq is not unknown or running water moving in path not knock him one before is likely to include the new currency for the inhabitants of a coin by the paper.
The increased zeros on the Iraqi dinar to the days of inflation, which came on the value of the Iraqi currency as a result of previous wars and the subsequent economic blockade was over, the currency of Iraq to the paper was printing the former regime, issued in large quantities without a cover, while the Iraqi dinar until the mid-eighties equivalent of more than three U.S. dollars.
But the adviser to Iraqi Prime Minister for Economic Affairs Abdullah Al-Hussein Anbuge said in a press statement: that the rampant corruption in state institutions and the low level of efficiency and economic situation in general in this time is not in favor of lifting the zeros.
He pointed to what he said about it bumps will change the currency and delete zeros, including the risk of fraud and increase the demand for goods causes a fake due to payment of dinars instead of a thousand dinars, as now, explaining that the re-printing of new currency will have the costs of expensive, adding that attempts will be made to persuade the Bank Central to wait in his plans in this regard.
Previously Chairman of the JSC confirmed that Iraqi, earlier, to delete the zeros of the Iraqi currency will not affect the circulation of the Iraqi Stock Exchange and its shares
The director of a money transfer companies abroad Sami Rashid: I think that the lifting of the zeroes from the currency will increase confidence in the currency, and will lead to increased purchasing power of citizens, and will drop the phenomenon of trading blocs, the large cash used by the Iraqis since the nineties.
He believed economic analyst Talal Jassim said the switch of the Iraqi currency a necessary but pointed to the need to provide the conditions necessary for its implementation, particularly the security and political stability, adding that the relative stability of the Iraqi currency after the issuance of currency recently, and the result of the return link Iraq to the global economy and the availability of reserves of foreign currency due to oil exports , encouraged the central bank to consider deleting the zeroes.
Jassim added that lifting the three zeroes will lead to an exchange rate of one dollar per dinar to where Jassim called to the need to follow the policies of peaceful citizens to convince them and get a feel for a period not exceeding two years.
didn't see this already posted. apologies if it is. found this a bit interesting. good or bad???
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nice find dogmatic! appreciate the info. very helpful.
Anti this anti that, when was it that your friend saw this? WF has not sold IQD for quite some time now.
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bought substantially all of the U.S.-based assets of Foreign Currency Exchange Corp., a wholly owned subsidiary of the Bank of Ireland Group.
interesting find. definitely not what I was speaking of. I'll ask around and see if I can get some details on this. I'll do some diggin!
www.fceco.com is listed at the top website "Anti this Anti that" listed that started this whole thread.
"Foreign Currency Exchange Corp" (www.fceco.com) is the buyout that mommyof3boys is talking about.
Interesting...but probably not related at all to the IQD. has triggered my curiosity though
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I think that Wells Fargo bought a large currency exchange some time this year, if my memory serves me correctly. Can't remember the name, but read it in the news.
I'm searching now...unable to find an article on it. I'd be interested to read up on the details of that. I know that at the beginning of the year they purchased a system that allowed branches to be able to deal/hold/handle foreign currency in the branch. Wonder if that'd be what it was talking about.
I'm curious...
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BANKS IN THE US STOPPED SELLING DINAR DUE TO IT NOT BEING A TRADABLE FOREIGN CURENCY. THAT'S WHAT I WAS TOLD BY AN INVESTMENT BANKER.
there is a forum here (cant remember exactly what it is under) that speaks of all current banks still dealing with IQD. 5/3 Bank and Woodforest Bank were the 2 I remember reading. Havent verified personally myself though.
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and this website does supply Iraqi dinar to other banks, so Wells Fargo is dealing in Iraqi Dinar.
How do you know this site does supply the IQD? Just curious. Previously you stated that you couldn't sign in. So if someone just looked at the screen at a bank... how do you know the website supplies IQD?
Not being a jerk, for real want to know...
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Since that website belongs to Wells Fargo, and that bank get's Iraqi dinar through that site, then Wells Fargo deals in Iraqi dinar. And yes Wells Fargo has dealt with Iraqi dinar in the past, because a friend of mine bought some there in the past. You best do some more research since you say they never have sold it.
they have sold it at one point. It has been at least 1 1/2-2 years since they've traded it.
not sure why I received a "-1" on my previous post.....? oh well
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Since when has Wells Fargo dealt with the Dinar? They don't and have no plans to.
and they haven't for some time now...
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just because it is not an internationally tradeable currency does not necessarily mean that is why it is not showing on their screens. There are multiple countries that WF does not deal with (mainly the "exotic" currencies) that are still internationally tradeable currencies. But the information is correct, WF still does not have IQD listed as a currency that they currently will trade.
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Doc,
You're the man. Just thought you should know!
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i'm gonna have to take an ambien tonight so i can sleep!!!!
Hopefully I'll wake up to some GOOD news in the a.m.!
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how does one go about investing in the ISX?! i cant seem to gind a legit way to do it online
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I have a coworker that's from Jordan and speaks Arabic. She's going to read it and elaborate what the facts are. I'll keep everyone posted
NEW LOOK for CBI Website!
in Iraq & Dinar Related News
Posted
and I find it odd the "test site" doesn't list all the countries on the currency conversion that the true cbi.iq does.