Fieryspirit

when I invested in the dinar I received the larger bills. Do I have to exchange them for the smaller new bills before the rv orwill I be able to keep my larger bills and exchange them when the rv hits?

Why is it that people can post questions about where to buy dinar in the RUMORS section but I post an article about China's currency situation and simply asked people what they thought it would do for the Iraq RV and it gets moved? Although it is amusing to read, ninty-nine percent of the crap posted in the rumors section is fiction anyways.

That post put a smile on my face. It was really cute, thank you.

Has anyone seen the article posted below? I found it on CNN just a few minutes ago and was wondering what you all think about it. Do you think that it could help push Iraq in the right direction? Or do you think that this move will have nothing what-so-ever to do with Iraq? What are your thoughts? http://www.cnn.com/2010/BUSINESS/06/19/obama.china.currency/index.html?hpt=T2 Washington (CNN) -- President Barack Obama welcomed Saturday's news that China's central bank will allow its national currency to float ahead of the G-20 summit in Toronto, Canada, next week. In a statement issued Saturday, Obama praised China's decision to increase the flexibility of its exchange rate, which officials hope will help balance China's trade deficit with the United States and Europe. "China's decision to increase the flexibility ... is a constructive step that can help safeguard the recovery and contribute to a more balanced global economy," the president said in the statement. "I look forward to discussing these and other issues at the G-20 Summit in Toronto next weekend," he said. Will currency move help U.S.-China relations? China's official Xinhua news agency said The People's Bank of China -- China's central bank -- announced Saturday it would push further its rate reform to make the the yuan, also known as the renminbi, more flexible. The move could appease international criticism against China's weak exchange rate, which has created trade imbalances between Western nations and China. Video: Analyst on China-U.S. trade deficit Video: China: Opportunity or threat? RELATED TOPICS China United States Economic Issues "The decision was made in view of the recent economic situation and financial market developments at home and abroad, and the balance of payments (BOP) situation in China," Xinhua quoted the Central Bank's spokesperson. "The stability of the RMB (renminbi) exchange rate has played an important role in mitigating the crisis' impact, contributing significantly to Asian and global recovery, and demonstrating China's efforts in promoting global rebalancing," he said. The International Monetary Fund's managing director, Dominique Strauss-Kahn, released a statement on China's move, which he described as a "welcome development." "A stronger renminbi is in line with findings of the G-20 Mutual Assessment Process, to be presented in Toronto next week, and will help increase Chinese household income and provide the incentives necessary to reorient investment toward industries that serve the Chinese consumer," he said. China's move comes ahead of the Group of 20 and the Group of 8 meetings in Canada's Province of Ontario scheduled next week, with finance ministers and central bank governors of major trading powers will discuss trade issues and the world financial crisis. Representatives of several industrialized nations including India, Brazil, the United States and European countries have previously asked China to allow its currency to float.

The rumor is from Med and he said Monday, which Monday is the question. Hahaha. Hopefully a Monday in 2010.

So there has been a lot going on lately and it is hard for me to keep up. I found this on XE's site... 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." So if 1000 dinar equals 86 cents pre redenomination after the redenomination would 1 dinar be worth 86 cents? Another question...will our big bills be worth anything once they redom? Should I go and exchange my bills for smaller ones before anything happens so I still have the same amount? PS. Unlike many of you, I am not very invested in the dinar...just enough to fix something once the big bang finally happens.

Don't get mad at me for asking this, but do we have the beginning of an RV then? I am a little lost...

Ok, so I need one more posts to get into chat. Never been a problem before, just my luck.

Ok, so I need two more posts to get into chat. Never been a problem before, just my luck.

Ok, so I need three more posts to get into chat. Never been a problem before, just my luck.

Ok, so I need four more posts to get into chat. Never been a problem before, just my luck.

Ok, so I need five more posts to get into chat. Never been a problem before, just my luck.

Ok, so I need six more posts to get into chat. Never been a problem before, just my luck.

Hello everyone. I am not totally new to this site, I have been here for a couple of months. Just haven't introduced myself yet. My name is Liz and I, myself, have not invested in the Dinar...just have what my mother-in-law gave me and my husband as a gift. Can't wait for it to RV and possibly buy a home and a new truck or two. Haha. Fingers crossed though.

Why is it that everyone seems to go through this Ali person or dinartrade.com to get their dinar? Don't ya'll know he is a rip off...if you go somewhere that does international currency all the time(ex: People Foriegn Exchange) you pay a waaay better rate, get more dinar for your dollar, and don't have to pay shipping.