These are the new customs controls for the introduction and removal of funds across the Iraqi border

[ChuckFinley]

30 minutes ago, blueskyline said:

Is there anyone else other than myself that feels like their purchasing power has been raised in country to .05 cents to the Dinar . Dare I say in country RV ? I could be wrong of course . But I get that feeling . Lower prices for goods , sugar , wheat , cell phones and services ? Hmm

I was wondering the same thing and I asked that when Mosul was retaken. This would be strong indicator that we are seeing value to the dinar and moving to a single currency.  

[Synopsis]

24 minutes ago, blueskyline said:

Is there anyone else other than myself that feels like their purchasing power has been raised in country to .05 cents to the Dinar . Dare I say in country RV ? I could be wrong of course . But I get that feeling . Lower prices for goods , sugar , wheat , cell phones and services ? Hmm

 

The Best Of Your Labor Day Weekend To You, BlueSkyLine and All DV! 

 

With the recent payoffs from Kurdistan to those owed in Kurdistan's oil industry, I am wondering where the funds came from? Also, hasn't the peasants been paid? Peshmurga, too? Where did that money come from? With the VISA card being able to be used by the citizens internationally, there appear to be "open" economy activities going on where IQD can be converted back and forth with other currencies.

 

So, to me, this looks like "something" happened so that IQD could be converted internationally at a higher (maybe much higher?) rate than the program rate.

 

Oh, Yeah, I'm feelin' it!!!

 

Go Moola Nova!

[blueskyline]

I can not deny the 200,000 dinar travel notice listed with the other foreign curries , precious minerals and metals of $ 10,000 value . It leaves me feeling , I guess Stoic or shocked right now . 

 

[blueskyline]

This also tells the currency world something is taking place with the Dinar !

[navira45]

Agree with all of u.

[ChuckFinley]

33 minutes ago, blueskyline said:

This also tells the currency world something is taking place with the Dinar !

For sure. What is the use of taking 200,000 dinar to London if you can not exchange it anywhere.  

[mr.unlikely]

Chuck, we must remember that people can take more than 200,000  IQD to wherever they are going, they just have to declare it.

as much as I hate to say it, we will have to wait and see what this means for the dinar.

[navira45]

BL, we maybe waiting for the complete auditing of the CBI by the international company which was reported last month. That should be on the news shortly. We just have to wait.

[blueskyline]

"These are the New Custom Controls " .... Something has taken place.

[Gypsygirl11]

You might be on to something blueskyline..  Thanks

[Floridian]

I think the question may be - When do the new custom controls go into effect?

 

[navira45]

Floridian, that is a very valid question.

[Floridian]

19 minutes ago, Floridian said:

I think the question may be - When do the new custom controls go into effect?

 

 

Well, I guess we know the rate is 5 cents.  If we knew the effective date of customs control, we would know everything we've been waiting for and could start to "downsize" our plans.  Sigh.

[WaitIsOver]

Maybe when the border  with Jordan opens. Which is tomorow?

[Floridian]

Just now, WaitIsOver said:

Maybe when the border  with Jordan opens. Which is tomorow?

 

Oh man!  I better start preparing what to say to everyone (friends and relatives) who I told about the dinar (and then they bought it expecting to be rich, like I did). 

[navira45]

Floridian, stop thinking that is the rate...it might be higher. We really need to wait. They may reinstate their rate to the former glory which was 3.plus...cause that was when they were stripped of it. We really need to wait bro.

[Half Crazy Runner]

2 minutes ago, Floridian said:

 

Oh man!  I better start preparing what to say to everyone (friends and relatives) who I told about the dinar (and then they bought it expecting to be rich, like I did). 

 

Even if it did start out at .05 cents, once it's released internationally it has to go up. And I think it would rise quickly. 

[NEPatriotsFan1]

Even if it is .05 look how fast crypto currencies have risen! It would not take long for you to see a significant enough appreciation to enjoy cashing some in.... I don't believe it would stay .05 for long and I don't believe they can afford to free float with the little stability they are beginning to enjoy.... chin up! 

Edited September 2, 2017 by NEPatriotsFan1

[Floridian]

1 minute ago, Half Crazy Runner said:

 

Even if it did start out at .05 cents, once it's released internationally it has to go up. And I think it would rise quickly. 

 

Yes, I think you're right, but I sure hate to go into long-winded explanations when everyone asks "What happened?"

[NEPatriotsFan1]

Beat me to it Half crazy runner, lol sorry for a redundant idea! 

[Floridian]

1 minute ago, NEPatriotsFan1 said:

Even if it is .05 look how fast crypto currencies have risen! It would not take long for you to see a significant enough appreciation to enjoy cashing some in.... I don't believe it would stay .05 for long and I don't believe they can afford to free float with the little stability they are beginning to enjoy.... chin up! 

 

I know.  I'm okay.  I just thought I was doing such a great thing telling everyone to buy dinar, and now I have "some splainin' to do".

[NoviceInvestor]

You wouldnt have mych holiday fun anywhere with 200,000 dinar at its current value ...

[NoviceInvestor]

You wouldnt have much holiday fun anywhere with 200,000 dinar at its current value ...

Edited September 2, 2017 by NoviceInvestor

[NoviceInvestor]

You wouldnt have much holiday fun anywhere with 200,000 dinar at its current value ...

[Floridian]

19 minutes ago, WaitIsOver said:

Maybe when the border  with Jordan opens. Which is tomorow?

 

According to this article I just found, the border opened already - on Wednesday.  The article about the 200,000 dinars came out on Tuesday.  Maybe the dinar is already worth 5 cents?

 

Jordan and Iraq reopen main border crossing as security situation improves

 

The crossing, known as Karameh on the Jordanian side and Turabil in Iraq, sits along a 900-kilometre trade route linking Amman and Baghdad, and its closure in July 2015 dealt a blow to Jordan’s already fragile economy

Jordan and Iraq reopened the main border crossing between the two countries on Wednesday, two years after it was closed following ISIL's capture of large swathes of western Iraq. 

 

https://www.thenational.ae/world/mena/jordan-and-iraq-reopen-main-border-crossing-as-security-situation-improves-1.624617