supergirl Posted June 15, 2013 Report Share Posted June 15, 2013 So I have a Facebook friend from Iraq. We were on Skype today and he informed me that the rate is 1000.25 dinar for 1 usd and not the higher rates we see reported in the news here. What do you guys think about this? 6 1 Link to comment Share on other sites More sharing options...
uncirculd Posted June 15, 2013 Report Share Posted June 15, 2013 I think this should be in rumor section. Thanks 2 10 Link to comment Share on other sites More sharing options...
quadkidd1 Posted June 15, 2013 Report Share Posted June 15, 2013 (edited) Free Float??? Maybe.............. Edited June 15, 2013 by quadkidd1 1 Link to comment Share on other sites More sharing options...
HowieC Posted June 16, 2013 Report Share Posted June 16, 2013 No disrespect meant to you or your friend....But your friend must be mighty powerful to know this information. No......even then he probably wouldn't talk about it 2 14 Link to comment Share on other sites More sharing options...
Maggie123 Posted June 16, 2013 Report Share Posted June 16, 2013 So I have a Facebook friend from Iraq. We were on Skype today and he informed me that the rate is 1000.25 dinar for 1 usd and not the higher rates we see reported in the news here. What do you guys think about this? Thank You Supergirl I dunno what to think... I'm just wondering... was he talking about the exchange rate on the street from the "money changers"? 1 Link to comment Share on other sites More sharing options...
VIZIOIRAQI Posted June 16, 2013 Report Share Posted June 16, 2013 Close lol there actually saying 1024.00 not 1000.25 ,but I can see how that mistake was made. Plenty of articles in the forum lately talking about 1024- 1025.00 rate that seem to confuse a lot of people with the CBI still saying the rate was 1166.00 , but what they don't understand is that's just the banks fixed rate they try to keep . The rate itself changes daily from what I've seen 1022.00 to 1154.52 in the last 2 months 3 Link to comment Share on other sites More sharing options...
Rabbi Posted June 16, 2013 Report Share Posted June 16, 2013 The exchange rate on the CBI website (cbi.iq) is still quoted at 1166 dinars per dollar. Link to comment Share on other sites More sharing options...
supergirl Posted June 16, 2013 Author Report Share Posted June 16, 2013 Thank You Supergirl I dunno what to think... I'm just wondering... was he talking about the exchange rate on the street from the "money changers"? at Maggie I really don't know I should have asked him and the next time we chat I will.Close lol there actually saying 1024.00 not 1000.25 ,but I can see how that mistake was made. Plenty of articles in the forum lately talking about 1024- 1025.00 rate that seem to confuse a lot of people with the CBI still saying the rate was 1166.00 , but what they don't understand is that's just the banks fixed rate they try to keep . The rate itself changes daily from what I've seen 1022.00 to 1154.52 in the last 2 months thanks for your response, but he said 1000.25 when I get home later tonight I will post a screen shot of the chat. I was just thinking maybe the reports we are getting over here are a little off....sooo that's why I posted to see what you guys thought. @uncircld I don't do rumors only truth and would never tell you guys something that never happened. 10 Link to comment Share on other sites More sharing options...
umbertino Posted June 16, 2013 Report Share Posted June 16, 2013 Thank You Supergirl I dunno what to think... I'm just wondering... was he talking about the exchange rate on the street from the "money changers"? My thoughts exactly, Maggie. Link to comment Share on other sites More sharing options...
asad Posted June 16, 2013 Report Share Posted June 16, 2013 So I have a Facebook friend from Iraq. We were on Skype today and he informed me that the rate is 1000.25 dinar for 1 usd and not the higher rates we see reported in the news here. What do you guys think about this? Good news!!! Is this the street rate or do we have a pip countdown. Link to comment Share on other sites More sharing options...
Tirebiter Posted June 16, 2013 Report Share Posted June 16, 2013 Sounds to me that regardless, if this is true, it's heading in the right direction!! 2 Link to comment Share on other sites More sharing options...
MyLadiesDaddy Posted June 16, 2013 Report Share Posted June 16, 2013 At 1000.25 it seems that it could be one of two things. 1st A float beginning at that rate. 2nd Delete the three zeros, equal $1.25 hope hope And with VIZO's number either a float or the same thing as going from 1170 to 1166. Just a thought. 2 Link to comment Share on other sites More sharing options...
SnowGlobe7 Posted June 16, 2013 Report Share Posted June 16, 2013 ill take option number two please with a margarita!!! 1 Link to comment Share on other sites More sharing options...
Darin Posted June 16, 2013 Report Share Posted June 16, 2013 No disrespect meant to you or your friend....But your friend must be mighty powerful to know this information. No......even then he probably wouldn't talk about it The way it appear that it was presented to her was that it was more of a common thing over in that region. Therefor, I doubt it would require high-level access.. This information may simply be what people are spending to acquire dollars from banks. Weird how their market rate is better than the official rate and while the CBI posts market rates of higher than the official rate. Makes you wonder if sometimes we are simply misled. 1 Link to comment Share on other sites More sharing options...
Sweet baby dinar Posted June 16, 2013 Report Share Posted June 16, 2013 Or is the cbi website actually updated often? Link to comment Share on other sites More sharing options...
sandfly Posted June 16, 2013 Report Share Posted June 16, 2013 DOONT KNOW Link to comment Share on other sites More sharing options...
dontlop Posted June 16, 2013 Report Share Posted June 16, 2013 no rate will stand as long as the cbi official exchange rate is at 1166 .. thats the rate the cbi guarentees ....theres no way they will want to sell a dollar for 1000 when the cbi pays 1166 ..those rates could fluctuate .. but it will always return back towards the official guarenteed exchange rate of the cbi .. the english version of the cbi isnt updated like the arabic one is.. we dont see any of those cbi announcement that only are put out on the arabic version im not sure what to make of this 1 Link to comment Share on other sites More sharing options...
supergirl Posted June 16, 2013 Author Report Share Posted June 16, 2013 Baghdad / Baghdadi news / .. Iraqi Central Bank announced on Thursday, for receiving a formal letter from the Association of Banks commitment includes three banks as a first stage to sell the dollar to the public at a lower price than advertised. The bank said in a statement received / Baghdadi News / copy of it, that "the governor Abdul Basit Turki received a formal letter from the Association of Banks includes a commitment solemnly announced previously on the initiative of three banks as a first stage to sell the dollar to the public at a lower price than advertised to reach / 1183 / JD to the dollar instead of / 1189 / dinars to the dollar (cash), "stressing that" the sale price of documentary credits will be / 1178 / dinars to the dollar instead of / 1184 / dinars to the dollar. " He added that "the central bank for the initiative and said it represents a natural behavior that show him most of our banks to stand with the trends of monetary policy is good that we walk upon," expressing "concern the Bank and the banks to support the Iraqi economy and raising the efficiency of financial instruments and cash used." End / 21 LINK 1 Link to comment Share on other sites More sharing options...
bigwave Posted June 16, 2013 Report Share Posted June 16, 2013 Lady G's Daddy - "At 1000.25 it seems that it could be one of two things. 1st A float beginning at that rate. 2nd Delete the three zeros, equal $1.25 hope." Either way it should be fun! Link to comment Share on other sites More sharing options...
ezrapound Posted June 16, 2013 Report Share Posted June 16, 2013 I'll take number two at 1.25 please, and add a side of dong to go. 1 Link to comment Share on other sites More sharing options...
HowieC Posted June 16, 2013 Report Share Posted June 16, 2013 The way it appear that it was presented to her was that it was more of a common thing over in that region. Therefor, I doubt it would require high-level access.. This information may simply be what people are spending to acquire dollars from banks. Weird how their market rate is better than the official rate and while the CBI posts market rates of higher than the official rate. Makes you wonder if sometimes we are simply misled. Thanks Darin...looks like I misunderstood. Tough crowd....Sure paid the price on negs, didn't I ! 5 Link to comment Share on other sites More sharing options...
Boozer Posted June 16, 2013 Report Share Posted June 16, 2013 If you remove the 3 0s we have $ 1.25 , Link to comment Share on other sites More sharing options...
DinarThug Posted June 16, 2013 Report Share Posted June 16, 2013 What do you guys think about this? Yo SuperGirl - I Think I Passed By Ur Boyfriend While I Was Heading Down Into The Subway Today ... 4 Link to comment Share on other sites More sharing options...
Texas1 Posted June 16, 2013 Report Share Posted June 16, 2013 Yo SuperGirl - I Think I Passed By Ur Boyfriend While I Was Heading Down Into The Subway Today ... Looks more like Pete Rose sliding head first up to his bookies office 5 Link to comment Share on other sites More sharing options...
hame55 Posted June 16, 2013 Report Share Posted June 16, 2013 I think this should be in rumor section. Thanks And someone should be in the LOPster section...plop! 1 Link to comment Share on other sites More sharing options...
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