Iranian Rial

[climber7]

1 hour ago, screwball said:

He is q tosser! He says it will LOP and then says this "If you “invest” in the rial and they redenominate you’ll have to try to find some place to exchange your rials into the new rials or back into USD" talk about hedging your bets, if he was so sure it was going to lop he would not have said that!

 

What is a "Q" tosser? 

[SnowGlobe7]

i have a picture but I would be banned

[jaman]

1 hour ago, screwball said:

Gold bars? Do they have silver bars as well? Oh my....Dubai is t. I am already looking at flights got a app called flight hopper check it! Finds cheapest flights and updates you! I am already looking at hotels, will be staying at the Grosevnor Hotel and Apartments in Dubai Marina.

 

not sure ALL I was seeing was gold store

 

[gregp]

4 hours ago, pokerplayer said:

While anything we Invest in is a gamble, Iran seems to me to be more determined than Iraq. The article was from March so slightly outdated.As noted they mention removing 3 zeros, well we now know that they plan on removing 4. While I doubt highly the smoke and mirrors theory I do believe they would RV slightly higher to snub there nose at the western world and say " we are back in the game " so to speak.

While I agree they are a terrorist nation, the POTUS sending millions if not billions in cash to them was the swaying factor  that made want me to invest. I believe that we will come out on the positive side relatively soon.

Just my opinion so take it for what its worth.

pp

Agreed.

[markb57]

like what was already said. the rial, like the dinar is a gamble. don't invest more than you can comfortably lose. i stay hopeful but remember we're dealing with the middle east. I will go to Canada to cash out if need be. 

[pokerplayer]

3 hours ago, screwball said:

Gold bars? Do they have silver bars as well? Oh my....Dubai is t. I am already looking at flights got a app called flight hopper check it! Finds cheapest flights and updates you! I am already looking at hotels, will be staying at the Grosevnor Hotel and Apartments in Dubai Marina.

I don't think they sell silver as I never saw any.Pretty much just gold and precious stones and a few hundred stores at that. The store were I bought my Jewellery said they don't sell " costume jewellery " when I asked about it. This is not saying there is not any, just that I never saw any Silver.

Hope this helps.

pp

[screwball]

2 hours ago, climber7 said:

 

What is a "Q" tosser? 

Lol...its a typo should read "tosser" or wanker....and I agree with all only invest what you can afford to loose, this is the Middle East....any thing is possible!

[screwball]

11 minutes ago, pokerplayer said:

I don't think they sell silver as I never saw any.Pretty much just gold and precious stones and a few hundred stores at that. The store were I bought my Jewellery said they don't sell " costume jewellery " when I asked about it. This is not saying there is not any, just that I never saw any Silver.

Hope this helps.

pp

Don't get me wrong gold will doOoooo! Lol

[screwball]

http://www.presstv.com/Detail/2016/09/11/484168/Iran-frozen-money-payments-US-Congress

 

interesting choice of currencies!

[screwball]

http://en.mehrnews.com/news/119506/Iran-holds-regular-ties-with-European-banks

[gregp]

The US can hold Iran's money for attacking another country yet we have created another Hitler and all but eliminated Christianity in the Middle East with ISIS. So truly who is the Dark Country? The US or Iran?  

[gregp]

4 hours ago, screwball said:

http://www.presstv.com/Detail/2016/09/11/484168/Iran-frozen-money-payments-US-Congress

 

interesting choice of currencies!

Yes it is!

[Freedomwish]

22 hours ago, pokerplayer said:

I agree FW. Dubai is a fantastic place. Not sure other than the few posters we see on this thread, but I would be happy to be able to be the unofficial tour guide there when this pops !! As with any country there are a few do's and don't. While chances are I will cash out here in Canada, I would sure like to meet some of you good folks in Dubai.

  Cheers, pp

I may hold on to that idea, I'd like travel out to Dubai with someone who knows their way around....would definitely consider it!

19 hours ago, screwball said:

Sounds like a plan! Happy to meet in dubai! 

Hope this will come into play soon Screwball, hope to finally meet you and others out there! 

Edited September 12, 2016 by Freedomwish

[blueskyline]

This was on F*(&b*^k................What does it mean ???

unification of Exchange rate at the end of this year, 09 September 1395 the gap between the official Exchange rate and the open market and expand space international relations Bank psabrjam, provided that the conditions for the unification of Exchange rate and peace has become the foreign Exchange market.
according to the public relations the Central Bank, doctor ولیاله Saif last night in an interview special news planned primary for paid 16 trillion dollars to firms production noted and said in meetings with Minister respected industry had, was determined to expedite prosperity, 7500 manufacturing unit small and medium need with network Bank financing be. with serious banking system country it was, financing 5700 manufacturing unit carried reached and 60 trillion rial been investigated.  he added: in the four-month first year, banking network 129 trillion dollars facilities granted that compared to the same period last year, 37,8% of grew. 30% of the facility sector production and 88,1% of it to supply working capital production units is paid. also predicted to be this year facilities payment books from 417 trillion dollars 460 trillion dollars reach that the determination network Bank to supporting production units and economy is. return boom transactions housing Saif to increase 30 percent of transactions housing in Tehran of August year 94 noted and said price transactions housing 7,6 percent that growth غیرتورمی is. in this rate facilities fund پساندار housing first in the first 14 percent was to 9,5 per cent to facility normal and eight percent for tissue worn reached. head of the whole Central Bank pointed out that the three years ago interest rate Bank status نامتعادلی was added, then inflation the top 40 percent and time profit Bank 27 percent had. accordingly planning government reduce swelling focused and process lowering inflation rate in the past three years continued interest rate banking the sync with reduced inflation rate fell. head of the Council of money and credit due to freezing 45 percent of assets books accumulation problems during the past 30 years, he said the bulk facilities books to production units for supply working capital granted that short-term and facilities current is. also 15 percent of accommodations granted, to repay the demands of books and معوقات this enterprises production and the rest of the facility is new. pointing to deposit rates 15 percent in books added: rate facilities the 18 percent and now more books respected and if the other than the rate, paid, the Central Bank definitely violators deal will. Saif the determination of the Central Bank to increase the discipline of monetary noted and said in this regard, tried facilities banking system to places assigned to be that the boom, production and employment be. in addition to this is expected inflation also more from this increase not inflation and the current stability of the desired reached. control fluctuations foreign Exchange market Saif crowning government eleventh tarjeta de video restore peace to the economy as the æ said in 1391, the average rate of Exchange 2605 USD that in 1392, 3184 to USD was while since تصدیگری this state up to five months first year 95, developments rate of Exchange process natural and 3493 USD reached. so to speak other, range of Exchange rate fluctuations of 741 USD in the year 91 32 USD in the year 95 reached. he went on to confirm that certainly the end of the current plan یکسانسازی Exchange rate runs, said in order to زمینهسازی to run the plan was required gap rate among the official Exchange and free market be controlled. thus, the gap rate of Exchange gradually 112,6 percent in the year 91 14 percent at the end of August this year fell. condition for the implementation of this project, open and deepen relations Bank international and facilitate it was with برجام, space good created to network communications Bank our international broader be. total this achievements, requirements for the same building Exchange rates provided and peace to market turbulent Exchange دروان Elementary تصدیگری government eleventh returned. head of the Council of money and credit followed status rating of books, said: one of the actions Central Bank of last year set at least the necessary information to adjust the financial statements banks to strength and balance between resources expenditures Bank with full transparency and proportional to the standards day, detectable is. already a plan is review which guarantee fund deposits as trustee is rating of books, price insurance less of banks that the lowest risk are getting will books to improve the situation your credit more encourage. in this field, Saif again warned people should not be fascinated rates profit more than Act Council of money and credit be. he, interest rate high-, represents the status inappropriate and imbalance institutions is not allowed and be sure fellow Dear to inform the رسانیهایی in relation to this thread is considering only institutions under the Central Bank are trust. the use of experiences in transparency international financial رئیسکل the Central Bank in response to the question whether join Iran group special financial action for country risk security in there? said the Supreme Council of anti-money laundering that consists of ministers economic and assets, information, Justice, state, the country and رئیسکل Central Bank as well as the Supreme Council of the National security issue organization بینالدولی gafi examined and absolutely instead of any concerns there. in the organization mentioned over 190 countries for voluntary member and none of the countries of the points certain not enjoy and other information countries do not have access and even join in gafi requires cooperation and disclosure of financial information between the two countries not. as a result not only comments that in relation to gafi done with the fact compliance not but through it, regulatory bodies our experiences other countries to deal with abuses financial have are. he added: in the field of financial information (uif) in the Ministry of economy-based and active been monitor the implementation of criteria specified within the issues such as use the internal, anti-money laundering, anti-terror financing or anti-trafficking the product and drugs are. head of the Council of money and credit process extradition money blocked Iran abroad positive, he said collaboration continuous institutions responsible, Fortunately, much of the property blocked country accounts the Central Bank deposit and it is hoped with continuing گشایشهای resulting in space پسابرجام, the process continues have. payment 150 loan marriage in thousand çé months went on, Saif the facility marriage noted and added: Fortunately, despite the lack of sufficient resources Bank to increase the roof loan marriage Act parliament since communicated executive was. at the beginning of the year 1395, 450 thousand people in the queue expect to get this facilities were the collaboration with banking system of 243 thousand counts of loan marriage pay 350 thousand people to get this facility introduced have been.. in addition to accelerate the process of payments, the Central Bank during communicated بخشنامهای, network Bank required to pay 150 thousand loan marriage çé month has integrity bills dual reform Bank head of the whole Central Bank of the bills dual reform Bank said given that is the laws of the Central Bank and all activities banking country ruling is not in the editor bills it, compatibility and accuracy victim speed and effort was prepared bills the away شتابزدگی and with the use of experiences banking international be done. track plan reform Bank before servant in the Central Bank started and cooperation with the Ministry of economy and the formation of meetings compressed in this especially, our efforts on this is over the coming months plan reform Bank Cabinet provided to pass, as bill dedicated parliament to be. he also on the payment compensation astronomical in books, said: the Central Bank should not be in the payment حقوقها intervene for payments for rights leaders in the Assembly books is determined, علیایحال the Central Bank considerations also in the field of balance of payments has including in February last year instructions disclosure of information to books communicated be which have the highest rights paid financial report books, insert. determine the task accounts نامشخصرئیس total Central Bank at the end of the situation accounts uncertain pointed out æ said following measures the Central Bank of thought and fast track is, 27 million Bank account individuals without number National were identified and blocked and only the number of 8700 account no information number National active remained until the end of September determine the task will be. he added: also 358 thousand account legal entities no ID National and 447 thousand account belongs to foreign persons without number inclusive that the Central Bank are follow-up to determine the task and corrected. so only less than a million of the total number of Bank accounts status unknown are.

 

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Wilfredo Perez

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Kathy Keller This makes no sense - what is it??

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Wilfredo Perez replied · 1 Reply

Wilfredo Perez Rial boom Rv yeeeessss

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Wilfredo Perez

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Melvin Hayes Jr ?????????

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Wilfredo Perez what nobody wants you to know

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[millionaire in training]

Blueskyline what do you make of this ?   I read it but Im not understanding it.  

[screwball]

this is talking about unification of rates, move to single forex rate which was slated as we know according to articles to happen in September, and have currency real value. The rest of articles talks about account holders which doesn't concern us...

[screwball]

It will cause boom in production and employment

[millionaire in training]

But it hasn't happened yet right?   It's going to.

[screwball]

2 minutes ago, millionaire in training said:

But it hasn't happened yet right?   It's going to.

Yes hasn't happend and it will...it also talks about money frozen abroad 

[screwball]

It also says that unification will not cause inflation, will bring stability to foreign exchnage markets and bring peace and prosperity and I think the average rate of exchange 2605 in 1932? Please chime in anyone if you read differently....that's the reference.

[screwball]

Is that 2605:1 or 1RR:2.605$ not sure but we know they have passed legislation for remove four zeroes and they have said no lop

[blueskyline]

Im looking at the exchange rate numbers myself 

 

[blueskyline]

Its a very interesting time to put this news out

 

[screwball]

3 minutes ago, blueskyline said:

Its a very interesting time to put this news out

 

Agree but it is keeping to their schedule where was it from? 

[millionaire in training]

6 minutes ago, screwball said:

Is that 2605:1 or 1RR:2.605$ not sure but we know they have passed legislation for remove four zeroes and they have said no lop

Wow that amount would be crazy.....