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Everything posted by Butifldrm

  1. The following was seen on this morning. Live rates at 2010.02.22 22:25:54 UTC Notice: IQD will be redenominated by the end of 2010. More on the Iraqi Dinar 1.00 IQD = 0.000856531 USD Iraq Dinars United States Dollars 1 IQD = 0.000856531 USD 1 USD = 1,167.50 IQD Trade Currencies. Click here!! The Iraqi Dinar is the currency of Iraq. The currency code for Dinars is IQD, and the currency symbol is د.ع . Below, you'll find Iraqi Dinar rates, a currency converter, Iraqi Dinar News and more. You can also subscribe to our currency newsletters with daily rates and analysis, or take IQD rates on the go with our XE Mobile apps for your iPhone, BlackBerry, or even your regular phone. The Central Bank of Iraq has announced their plans to redenominate the Iraqi Dinar to ease cash transactions. By the end of 2010, they intend to drop three zeros from the nominal value of bank notes. It should be noted that the actual value of the dinar will remain unchanged. That means that 1,000 IQD (pre-redenomination) and 1 dinar (post-redenomination) will both be worth the same amount in US Dollars. As stated by the Central Bank of Iraq, their mandate is to "ensure domestic price stability and foster a stable competitive market based financial system." For more information about the redenomination, read "Iraq plans to slice three zeros off currency notes." Have a great day
  2. I always look at Aswat Al Iraq for the daily auction CBI sells $162m on Mon. February 22, 2010 - 10:13:10 BAGHDAD / Aswat al-Iraq: The Central Bank of Iraq’s (CBI) dollar sales rose to $162.06 million in its daily auction on Monday, compared to $81.712 million in the previous session. “The demand hit $12.610 million in cash, covered at an exchange rate of 1,170 Iraqi dinars per dollar, and $149.450 million in foreign transfers outside the country, covered at an exchange rate of 1,173 Iraqi dinars per dollar,” according to a CBI news bulletin received by Aswat al-Iraq news agency. None of the 15 banks that participated in today’s session offered to sell dollars. The Central Bank of Iraq runs a daily auction from Sunday to Thursday. SS (P) Have a great day
  3. I know tomorrow comes and tomorrow goes. I knew when I invested in Dinar there was risk, but I do truly believe the Dinar will revalue. Yes, we all hope for the reval to happen soon, but I also understand there are probaly more uncontrolled variables than we are privy to. The pushing of the button so affects the future of Iraq, I understand why there must be due diligence to protect the economic future of their country. So I will remain faithful to my investment in hopes that the RV will benefit all. And as for those who bring intel or rumors, my hat is off to you. I do not understand the bashing. I enjoy reading and analysing everything brought forth. Putting all the pieces together is like working a crossword puzzle, challenging and fun. I pray God blesses us all soon. Have a great day.
  4. I believe that maybe history is repeating it's self, as in the Kuwaiti Dinar Revalue. The Kuwait government publicly denied the possiblity of a revalue, then BOOOM, it revalued. Iraq, now is now releasing information about possible lopps to divert from the actual truth, maybe because of security reasons or finanacial, I have no idea. Adam's contact is giving sketchy information because he cannot tell the truth as of yet. I believe the Iraqi news releases are just a smoke screen covering the eminent truth. Iraq is going to revalue their currency. Dah do you think they are going to give us the date or the rate? Smokin ... lol
  5. Government approves amendments on 2010 budget January 19, 2010 - 05:09:47 BAGHDAD / Aswat al-Iraq: The Iraqi Council of Ministers approved amendments on the country’s 2010 budget proposed by Parliament, the official spokesperson of the Iraqi government said on Tuesday. “The Council agreed to allocate ID267,385,000,000 to the Parliament, and 313,569,650,000 to the Supreme Judicial Council, in addition to ID250,000,000,000 to the two institutions of martyrs and political prisoners,” Dr. Ali al-Dabbagh said in a release received by Aswat al-Iraq news agency. He said that the Council also approved ID263,511,000,000 as Kurdistan’s shares of the budget to develop regions. MH (P)/SR Hopefully a little closer to an RV
  6. Hi Adam, How are you today? I am new at this chat stuff. I normally do not get into chat's online. I am more of a face to face person. However, I found this chat room intriguing and very informative overall. I do want to say thank you for all that you do, and by the way I am very sorry that there are such evil people out there that would use your good name to their advantage or discredit you. I think, most of the people on this site would agree with me . Please have faith in all that is good. Thankyou, Butifldrm (code for Beautiful Dream) P.S. The RV is a beautiful dream of mine.
  7. Vestor, thankyou so much for this post. It makes me realize no matter what happens, we are all still rich with life. Thankyou again.
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