goldinar
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Everything posted by goldinar
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Warka site is up. They also posted year end interest on accounts.
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Kuwait did not revalue their currency. The rate on BOA site is their sell rate, 3.977, which includes their spread (profit). If you want to buy the Kuwait currency then BOA will sell it to you for 3.977. The Kuwait dinar is still at 3.57, as it is listed on the Kuwait Central Bank, check their "daily report". Here is the link http://www.cbk.gov.kw/WWW/index.html
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anyone ever did biz with Dinar banker any good?
goldinar replied to Dickerd's topic in RV & Dinar Questions
Really ? Do you know if he offering the same rate as the CBI buy rate ? -
Electronic Hedge Fund through InvestInDinar.com
goldinar replied to Knowledge_Is_Power's topic in Buying and Selling Dinar
Sounds like a good deal for Investindinar. You send them your money and they deposit it into an Iraqi bank (Warka Bank) and they keep the interest that is made from your deposit. Seems like the dinar is also more expensive than just going directly to Warka, so they make a few extra dollars there also. To buy dinars when you send your funds to Warka costs around $851 per million, Investindinar charges $860 per million. Do they charge a fee/spread to cash out as well? I have never dealt with investindinar so I cannot vouch for their integrity, but based on what they are offering I would not be sending them any of my money... Also I saw the segment on Kramer on CNBC. He mentioned an ETF for dinar, not an EHF. -
Try http://www.iraqpapermoney.com/ I have never ordered dinars from them.
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Welcome to the new site! DinarVets, revamped
goldinar replied to Adam Montana's topic in Rules, Announcements & Introductions
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Clarion you are welcome. It did work. I am now able to download your email address from your profile. I will be sending you an email from my outside email address shortly. I believe only VIP members have the PM feature enabled. So who ever is interested can now send you an email to your comcast address.
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Seems like I cannot PM you and I would like more information. Can you allow us to contact you via email ? Enable the setting to allow us to download your email information. Do this by clicking on "settings" in the upper right hand corner of page. Then under "my settings" on the left side of page, select "general settings" and the select "Allow vcard Download". That way we can contact you via email.
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RV this week ? Hopefully ?
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Thanks for the recipe.
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This looks yummy. thanks.
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I have to give this to my sister... she is trying to eat gluten free. thanks.
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oh well... there is always hope for tomorrow.
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I definitely have to try this! Looks delicious..
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I would like to know as well...
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By VU TRONG KHANH and NGUYEN PHAM MUOI NOVEMBER 25, 2009, 12:31 A.M. ET HANOI -- Vietnam will devalue its currency and raise interest rates, bowing to market forces that have long pressured the dong and acted as a drain on the country's foreign-exchange reserves. The State Bank of Vietnam said Wednesday it will raise the tightly controlled dollar/dong exchange rate by 5.44% effective Thursday, setting the dollar at 17,961 dong, up from 17,034 dong Wednesday. The central bank said it will raise its benchmark interest rate to 8.0% from 7.0% from December. "They are trying deflect the pressure on the dong," said Patrick Bennett, foreign-exchange strategist with Societe Generale. "The pressure was forcing the central bank to run down its dollar reserves. It's the appropriate thing to do.. It's a good move." The central bank will also narrow the trading band of the dollar against the dong to 3% Thursday from the current 5%. That means commercial banks won't be able to buy or sell dollars for more than 3% higher or lower than the daily rate set by the central bank. The changes in the exchange rate are in line with "market signals" and take into account market interest rates, the consumer price index and the country's international balance of payments, the State Bank of Vietnam said. Vietnam's currency is under downward pressure partly because of the country's trade deficit. The depletion of the reserves may become less pressing after this devaluation, the third in two years, said Societe Generale's Mr. Bennett. He said the move won't have implications for neighboring Asian economies, most of which face appreciation rather than depreciation pressures on their own currencies.