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OOM...I Got It From The Source.


Luigi1
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Luigi found these articles of Dinarian interests...

Okie got this straight from the source...the horse's mouth.

Could the horse's mouth be almost like from the throat of the Goat???

Treat as rumors. Not varafied. Your opine.

 

 

2-9-2020   Intel Guru Okie_Oil_Man: 

Tonight may be interesting and tomorrow may really be interesting….  A Zurich contact that I had said Tues, Wed may finally be our time…As I understand it tonight and tomorrow morning there is a possibility (key word) we may get 800 numbers. That is the last I got from “The source” who has the authority to make this happen.

 

2-10-2020   Guest Guru TexasSnake:  

My intel is similar  [reference Guru Okie_Oil_Man post 2-9-2020]…. My senior banker source at WF who is in charge of Exchange centers for 5 states including Texas... He is in charge of training for employees on Wells Fargo and specialists with Abbot Downing investment banking branch...He feels very confident that late today or early tomorrow we may get our emails from Wells Fargo and 800 numbers for a start on Tuesday.

 

2-9-2020   Newshound/Intel Guru Sir Francis Albert: 

[...bottom line Iraq can make monitary changes when ever they want I believe it is and has been a security issue holding them back.]  It feels that way to me also... I "believe" (no proof or secret sources), that the CBI has been ready to do something significant. (not sure what this will be), but something, and as things cool down and the Iran 's influence decreases...something will happen.

 

2-9-2020   Newshound/Intel Guru Mnt Goat:   straight from from the throat of the Goat....

I am hearing lots of chatter about elections in six months...This is NOT going to happen and here is why.  The Iraqi legal expert, Ali al-Tamimi, said on Wednesday (February 05, 2020) that the Iraqi constitution did not include an article or a paragraph called "an interim government," noting that the  Prime Minister-designate Muhammad Tawfiq Allawi, would continue to run the government until 2022.  ...sometimes what you are seeing in the surface is not the entire story...TRUST ME there is a plan and they are executing it. We will see our reinstatement sooner rather than later.
 

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Quote

2-9-2020   Intel Guru Okie_Oil_Man: 

Tonight may be interesting and tomorrow may really be interesting….  A Zurich contact that I had said Tues, Wed may finally be our time…As I understand it tonight and tomorrow morning there is a possibility (key word) we may get 800 numbers. That is the last I got from “The source” who has the authority to make this happen.

End Quote

 

Really now?

 

 

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Interesting find. Hit tip KTFA Delta:

 

Oanda appears to be some kind of aggregator of currency trading platforms. This is their listing for the IQD.

Iraqi Dinar

Overview

The Iraqi Dinar is issued by the Central Bank of Iraq. The Dinar was subdivided into 1,000 fils, but inflation has rendered the fils obsolete. As a result the deposition of Saddam Hussein in the 2003 invasion of Iraq, the new Iraqi Dinar was released on October 15, 2003.

Economy

  • As security improves, foreign investment is helping to spur increased economic activity, particularly in the energy, construction, and retail sectors.
  • To reach its economic potential, Iraq needs to reduce regulatory impediments and make significant upgrades to its oil processing, pipeline, and export infrastructure.

History

  • The Dinar was fixed at par with the British Pound until 1959, then fixed to the US Dollar at one Dinar to 2.8 Dollars. It was decoupled from the US Dollar when that currency was devalued in 1971 and 1973.
  • After the Gulf War in 1991, UN sanctions meant that new, inferior quality banknotes were printed in large quantities-and the Dinar quickly lost its value. The previous issue stayed in circulation, and became known as the ""Swiss dinar."" It continued to circulate, especially in the northern Kurdish region of Iraq.
  • The new (convertible) Iraqi Dinar was released on October 15, 2003. It replaced all old Dinar and Swiss Dinar banknotes, which were no longer legal tender. (One old Dinar was exchanged for one new Iraqi Dinar; one unit of the Swiss"" Dinar was exchanged for 150 new Iraqi Dinars.) The new Iraqi Dinar banknotes were similar to the Swiss Dinar notes, with more security features to guard against counterfeiting.
  • The new banknotes were in demand by overseas investors expecting the currency to increase in value as Iraq's economy improved.

 

Symbols and Names

  • Symbols: ع.د
  • Nicknames: none

ISO 4217 Code

IQD

Central Bank

Central Bank of Iraq

Currency Subunits

  • Fils = 1/1,000 of a Dinar

Denominations

  • Bills: 50, 100, 250, 500, 1,000, 5,000, 10,000, 25,000 dinar
  • Coins: 25, 50, 100 dinar 

Countries Using This Currency

  • Iraq

Currencies Pegged To IQD :

None

IQD Is Pegged To:

None

 

https://www1.oanda.com/currency/iso-currency-codes/IQD

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