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

Mamafaith

Members
  • Posts

    25
  • Joined

  • Last visited

Everything posted by Mamafaith

  1. Relax, based on grammar and the fact that this cat used Swiss code rather than swift codes it's total and complete BS nothing to worry about here! Nice try though
  2. And between the head of the Iraqi Securities Commission, earlier, that the deletion of zeros from the Iraqi currency will not affect trading in the Iraqi Stock Exchange and its shares.....a LOP would affect all of the above captured from the last paragraph of the article....they are saying NO LOP period. When a Country LOPS (not a real term) it effects their markets as well....that is straight from the horses mouth NO LOP
  3. They would be 1's and 5's post zeros it's all good....except the 3 month part because it is yet to be seen whether they revalue pre lower denominations or post lower denominations I guess time will tell
  4. The IQD has always been listed. It just would not be found on the effective date page until post RV/RI/RD however it should be on the exchange rates page with the current rate listed...so this is an anomaly indeed! GOOD LOOKIN OUT
  5. Can I encourage you to please be patient. Should you file a fraud complaint you will (unintentionally) injure a great number of people. Perhaps to a degree that you may not be able to comprehend in your frustration. Relax, it's ok your rate is locked in and you will receive your dinar.
  6. The Bank of Ireland Group supplies 140 US Banks with foreign currency...this is bigger than Wells Fargo offering exchange services to their customers...effectively they just got their fingers into every banks foreign exchange pie!!!! HUGE MOVE WF!!!!
  7. Is he trying to imply that the media reports of future currency changes were to test market response? This guy is so confusing
  8. 3 Propaganda: ideas, facts, or allegations spread deliberately to further one's cause or to damage an opposing cause; also : a public action having such an effect Main stream media and the likes globally are filled with it, I'm not a pumper, but I'm not naive either. If I wanted to continue to misinform people on a large scale I'd use the news outlets to spread propaganda
  9. Don't buy into propaganda...I mean advertising campaigns
  10. This is a bad joke, snippets of truth only. Al Shabibi is highly educated (Europe) and speaks the English language much more proficiently than most nationals. Shame on somebody!
  11. I would say we are within a high probability window for the next week...if it doesn't happen then we may be looking at the end of June...nothing but a guess. All I really know is Iraq is the wealthiest county in the world and we all hold a little piece of that wealth. So what if it's not today or next week, soon it will be relax...your dinar is not going to vaporize while you wait
  12. See...I read this to mean for the purpose of auditing and calculating debt/assets of the CBI they will use the program rate. If the revalue they have a standing agreement to use 1170 for balancing the books. Remember they still have several reports due from 2010 which post RV would still need to be taken into account at 1170 IMO this is a T crossing I dotting statement...bash away if you must
  13. Back about a month ago I spoke to my daughter in laws Mother who is the VP of a local Bank (hate the way that sounds) anyway she explained to me in great detail why a Bank would discontinue the sale of the IQD and it's not as bad as you think, it's actually something they would do if it suddenly became clear that there could be a fluctuation in any direction in that currency's exchange rate regardless where there is potential for gain or loss. The reason is according to her in Laymans terms the turn around time of these transactions could result in a substantial loss. This made perfect sense to me and resolved my worries over one Bank after another decicding against the sale of IQD. If you order a million dinar at say 1000.00 and that dinar revalues BEFORE the bank tenders then the bank suffers the loss, which IMHO could be significant with this particular currency. In closing she said no Bank would be willing to take this type of risk on the IQD or any currency for that matter. I feel better about my investment as bank after bank adjusts their policy to protect themselves.
  14. This is for the people of Kuwait
  15. Yep...just goes to show they are more up in our business than we would like to see...we happen to hold the hottest of the hot money...dag...somebody push the dang button already...they are out to get us...come on Shabs show us some love!
  16. What exactly did they say? If you don't mind me asking
  17. That is very interesting. When exchanging currency they use the same process whether they are selling or buying. When you look at the statement/disclaimer on the reciept that you would receive if you were SELLING dinar back to them it takes on a whole new meaning IE: if they saw a rate different than the rate they were paying you for your dinar then that statement would become a legally binding nessicity. I see this as a very positive event.
×
×
  • Create New...

Important Information

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