Ras

I have a question. If Kuwait is buying IQD @ 0.1 to 1 KWT, is there a way to exchange 25,000 IQD to KWD= 2,500KWD..... Then take the 2500KWD exchange for USD 2500x3.55 = $8,875 ?

quote name='rocketman2010' date='07 January 2011 - 11:20 PM' timestamp='1294460404' post='333484'] DOES THIS MEAN 1 DINAR EQUALS .86. WHAT DOES IT MEAN? وكانت الحكومة العراقية قد وافقت على مشروع قانون الموازنة الاتحادية للسنة المالية 2011، بحيث تبلغ الموازنة نحو 93 مليار دينار عراقي (79.6 مليار دولار)، وذلك عند احتساب برميل النفط الواحد بـ 73 دولارا أميركيا، وبمعدل تصدير قدره 2.25 مليون برميل يوميا. The Iraqi government has approved the draft federal budget law for fiscal year 2011, so inform the budget some 93 billion Iraqi dinars (79.6 billion dollars), when calculated per barrel to $ 73 U.S., and the rate of export of 2.25 million barrels per day. ويتوقع ان يبلغ عجز الموازنة نحو 14 مليار دينار (نحو 12 مليار دولار) فيما يتوقع أن يبلغ معدل الإنفاق 64 مليار دينار (نحو 54.70 مليار دولار). It is expected that the budget deficit to reach about 14 billion dinars (about $ 12 billion) in what is expected that the rate of spending 64 billion dinars (54.7 billion dollars). http://translate.google.com/translate?js=n&prev=_t&hl=en&ie=UTF-8&layout=2&eotf=1&sl=ar&tl=en&u=http%3A%2F%2Fwww.swalefnalhelwa.com%2Fnews.php%3Faction%3Dview%26id%3D1002 [/quote From reading the arabic word 93 maleelra dinar iraqi and 79.6 maleelra dullar an 14 maleelra dinar iraqi and 12 maleelra dullar.... The word Maleelra is translated both to Billion. If you can see the highlighted sections they are identicle after the number... We read arabic from right to left. So, to the best of my knowledge it isn't mistranslated... So they just may have the rate 1.17 IQD = $1 USD I really pray so,,, I'll take it, as a starting point.

From reading the arabic word 93 madaar dinar and 79.6 madaar dallar.... The word Madaar is translated both to Billion. If you can see the highlighted sections they are identicle after the number... We read arabic from right to left. So, to the best of my knowledge it isn't mistranslated... So they just may have the rate 1.17 IQD = $1 USD I really pray so,,, I'll take it, as a starting point. quote name='rocketman2010' date='07 January 2011 - 11:20 PM' timestamp='1294460404' post='333484'] DOES THIS MEAN 1 DINAR EQUALS .86. WHAT DOES IT MEAN? وكانت الحكومة العراقية قد وافقت على مشروع قانون الموازنة الاتحادية للسنة المالية 2011، بحيث تبلغ الموازنة نحو 93 مليار دينار عراقي (79.6 مليار دولار)، وذلك عند احتساب برميل النفط الواحد بـ 73 دولارا أميركيا، وبمعدل تصدير قدره 2.25 مليون برميل يوميا. The Iraqi government has approved the draft federal budget law for fiscal year 2011, so inform the budget some 93 billion Iraqi dinars (79.6 billion dollars), when calculated per barrel to $ 73 U.S., and the rate of export of 2.25 million barrels per day. ويتوقع ان يبلغ عجز الموازنة نحو 14 مليار دينار (نحو 12 مليار دولار) فيما يتوقع أن يبلغ معدل الإنفاق 64 مليار دينار (نحو 54.70 مليار دولار). It is expected that the budget deficit to reach about 14 billion dinars (about $ 12 billion) in what is expected that the rate of spending 64 billion dinars (54.7 billion dollars). http://translate.google.com/translate?js=n&prev=_t&hl=en&ie=UTF-8&layout=2&eotf=1&sl=ar&tl=en&u=http%3A%2F%2Fwww.swalefnalhelwa.com%2Fnews.php%3Faction%3Dview%26id%3D1002 [/quote From reading the arabic word 93 maleelra dinar iraqi and 79.6 maleelra dullar an 14 maleelra dinar iraqi and 12 maleelra dullar.... The word Maleelra is translated both to Billion. If you can see the highlighted sections they are identicle after the number... We read arabic from right to left. So, to the best of my knowledge it isn't mistranslated... So they just may have the rate 1.17 IQD = $1 USD I really pray so,,, I'll take it, as a starting point.

That seems to about sums it... Great Find 93 Billion IQD / 79.6Billion USD = 1.1683 IQD = $1 USD 14 Billion iQD / 12 Billion USD = 1.16667 IQD =$1 USD 64 Billion IQD / 54.7 Billion USD = 1.17001 IQD = $1 USD I'll take it. Let's pray they'll go on n RV

This may be a piece of the puzzle. Positve find.

This is the same info pumped in PRWeb, by the same "Informant" Mr http://iqd.me/l/11 of US Dinar Bank, misdirecting people. Don't trust it.

After checking out US Dinar Bank , Mr http://iqd.me/l/11's website. I find it cheaply done, nothing that supports his credentials or relationship with US Treasury or FINCEN I wouldn't trust his Savings account at all. I don't see an office/branch location what-so-ever. He could've very much staged the article, just to stear unknowlegable and unsuspecting Iraqi Investors/Speculators his way. People remain constant in your due diligence. If the currency wasn't permitted outside of Iraq, then how did all these "Legitmate Dealers" get theirs, as well as the banks being able to sell/buy the dinars? JMHO

In case anyone still wanted a link... here's one. http://siteresources.worldbank.org/IRFFI/Resources/FinalStatement8thIRFFIDonorCommitteeMeeting18thFebruary.pdf

You may be onto something, this timing is Curious. Goooo RV! Now I have an alternative bank account to open, A "Transaction Checking/Saving Account" Thanks for your input. RB 4 RV