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fionaslair

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About fionaslair

  • Birthday January 19

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  • Gender
    Female
  • Location
    Texas
  • Interests
    yoga, music, friends, the beach, news junkie

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  1. Now this is a great, intelligent and simple explanation. Thank you!
  2. Thank you Kimberlye, you are most gracious and kind. I appreciate the understanding.
  3. So there is a cause and effect to the numbers.
  4. Thank you Mogirl463! I appreciate your comment and encouragement. I watch the CBI several times a day, first thing in the morning, last thing at night and anytime in between. I have read recently that the CBI hasn't changed the rate on the site in a very long time. I have been watching since early November and have found that statement to be true. I have learned a great deal today.
  5. j I am sure I am not the only one on here that is new, however, I am aware that IQD is not traded. It isn't wasting my time to learn. I do not have the luxury of being all knowing, as you seem to be. I have to do a bit of research to LEARN something new that interests me. I have invested, and I want to know as much as possible. It hasn't taken very long for me to determine that there is lot of 'smoke' in the forums. I did not hear of Barchart until this morning on another blog. So I checked it out. After the original comment, I checked several other sites, and yes, they are all different. Once again checking Barchart.com, their info seems to be coming from Forex. Maybe my original impression of Forex having reputable information is incorrect. And a lot of higher than mighty mean people. As for reading other post that refer to trading sites, currency amounts, etc., I have only been on here 2 weeks, and haven't seen any GPCarter posts. So EXCUSE ME! Apparently, you found making your snide comment time worthy. I suppose reading the post did not waste your time, as you have seen fit to take the time...
  6. I am with you Tessie. This is only my third post. This is not 'our' investment. This is about the lives of a country that has been devastated by a tyrant, and by war.
  7. I didn't realize that every site would have a different rate. I check the CBI every morning. The info there is not the same as the spreadsheet they have. Go to Currency Auctions-then click on the Exchange Rates-a spreadsheet will open, go to the last page. So why would Barchart.com have that rate? Here is a link to their site with a 1 week history of USD/IQD. http://www.barchart.com/detailedquote/forex/%5EUSDIQD
  8. Barchart.com has USD/IQD------1161.00 Iraq DinarsTuesday, Jan 24th, 2012:D ^USDIQD U.S. Dollar/Iraq Dinars 1161.9 +16.9 +1.48% 1163.0 1161.5 12:38
  9. January 16, 2012 Saleh added that "the three banknotes consist of 200 dinars, which is equal to 200 thousand dinars at present time and a 100 dinars, which is equal to 100 thousand dinars, and a banknote of 50 dinars, which is equal to 50 thousand dinars, in addition to the one & two dinar coins as well as half, quarter of a dinar and 100 fils and dirham (50 fils)". Saleh indicated that "the deletion of three zeros from the Iraqi dinar would shorten the number of banknotes of four billion paper, which is equal to 30 trillion dinars exist in the Iraqi market to one billion and 800 million paper only," asserting that "the currency exchange will not affect the per capita income or over its wealth or its contractual obligations." Saleh pointed out that "the Board of Directors has approved the decision to delete the zeros after the completion of designs currency bearing the legacy of Iraq and its history, civilizations, as well as for discussion by the Financial and Economic Committee of the Council of Ministers," noting that "the Bank pending the Board's approval to begin the replacement of the new currency which must be with the new financial year and proposed by the Bank with the beginning of the year 2013." Salih stressed that "the process of replacing the currency will take two years to prevent any disruption in the process of delivery and receipt," explaining that "the banks will continue to receive the old currency for ten years as rights and not negotiable." The central bank has been accused in the (12 September 2011), government agencies of obstructing monetary reform and vowed to sue, blaming the authorities responsible for exposing the financial interests of the country to danger. The adviser to Prime Minister for Economic Affairs said on (25 August 2011), to raise zeros from the currency is the biggest corruption in Iraq if it was during this period, and fall under the name of tampering with the economic, warning of "mafias currency" is preparing to rig the trillions of Iraqi dinars to replace them during the planned changes. The Iraqi Central Bank Governor Sinan Shabibi, stressed during independent corps meeting with Prime Minister Nuri al-Maliki, which took place in the (June 19, 2011), his willingness to create all the preparations to replace the Iraqi currency. It is noteworthy that some economists believe that Iraq is ready for the time being to delete the zeros of the Iraqi dinar, pointing out that the deletion needs to be a security and political stability as well as economic stability.
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