Chat with R from Al-Warka Bank

[Jared]

Here is most of today's conversation with R. Sorry, my system rebooted before I could get this post in so I lost some of the info:

[usajmg93f] Are you guys actually located inside the Green Zone Miss R?
[WarkaBank] i hear from jerry that the webside aman is changed to arabic
[WarkaBank] no
[Jared] The one happening now?
[DrE] our thanks to you as well for your help and kind assistance
[WarkaBank] our bank is realy far away from green zone
[usajmg93f] Yeah, some people still don't believe we have ever chatted with her
[Monty] ???
[WarkaBank] thank you
[DrE] still in Baghdad??
[WarkaBank] why is that monty
[usajmg93f] Are you close to Baghdad International Airport?
[WarkaBank] what do you mean by still in Baghdad ?
[WarkaBank] no
[Jared] Sure will
[usajmg93f] thanks
[JeffP] Rannda I have a question for you : what is your personal opinion as to what the IQD will open at?
[DrE] your location of bank
[Monty] I remember you saying you were in green zone, is it ocrrect?
[JeffP] and most iraqi's
[WarkaBank] these plaes are near from my house not from the bank
[JeffP] or what are your hopes and all iraqis
[Monty] R, we are all asking questions, we are in different locations, hope you dont mind
[WarkaBank] we all hope that we can live in houner and recpect from all the world and we hope that justice is come to us
[WarkaBank] it's ok with me ,i hope that i'm helping you all
[usajmg93f] I feel as is you guys are well on your way tto that
[WarkaBank] we hope so thank you
[Monty] Be safe R, all we see here on are bad news/violence. Very rarely we see some positive news.
[usajmg93f] So you said there was a rate increase for the Savings Accounts?
[WarkaBank] yestrday i chat with bryan from the work
[Monty] yes, he mentioned in one of his posts.
[JeffP] R-What is your Hope for IQD to open at?
[Jared] FYI, this chat session will be posted in the Banking Forum.
[usajmg93f] Cool
[Monty] thats good
[usajmg93f] A rate increase thats good news
[usajmg93f] On our savings accounts
[WarkaBank] thats right
[usajmg93f] Great
[DrE] R...in your opinion...based on what you know and hear from others...just how unstable is the country??
[usajmg93f] Ask your question again, I think she missed it
[WarkaBank] from what side you mean
[DrE] if your bank isn't in the green zone whereis it located at??
[JeffP] R-What are the iraqi's hopes and yours that the IQD will open at?
[DrE] all veiwpoints god and bad
[DrE] opps i meant good not god
[WarkaBank] i don't know how to explain our bank location because you do not know Baghdad
[DrE] it still is in the city limits??
[usajmg93f] Can you e-mail me a hand drawn map of how to get to Warka so my buddy can come by to meet you
[JeffEdmo] Is the bank in a dangerous or stable area?
[usajmg93f] Hey Marilyn
[Marilyn] Hi !
[usajmg93f] She's here
[Marilyn] Hi R ! Thanks so much for joining us!
[Marilyn] Thanks Jared for contacting me....
[Marilyn] So, fill me in,,,
[Marilyn] what's new???
[Monty] increase in interest rate for both savings and dollars accounts
[Monty] hi marilyn
[Marilyn] Hi Monty, Jeff, DrE
[Jared] 6% for dinar accounts, 3.5% for Dollar accounts
[DrE] hello
[Marilyn] Hey, thats great news!
[JeffP] I asked her three times !!!
[Monty] some phone numbers
[JeffEdmo] Looks like R got cutoff
[usajmg93f] Yeah I am sure she got bombarded
[DrE] it appears that R has signed off
[Marilyn] R, Has anyone found a good way to send you actual notes for deposit?
[Jared] She's having power problems.She's on a generator right now.
[JeffP] I dont know how she could have missed it
[Marilyn] maybe she was disconnected
[Monty] no additional news on opening of IQD or ISX
[Marilyn] oh well...
[usajmg93f] Will try it again if she comes back on
[Jared] She's dropped off a couple times, but comes back.
[Marilyn] things are pretty rough over there
[Marilyn] they killed the turkish trucker last night
[JeffP] affirmitive
[usajmg93f] 1% increase is pretty substantial for Savings Accounts
[Marilyn] yea, it is
[Marilyn] Jared, what does this mean with regards to their economy?
[usajmg93f] I am sure they are doing a bunch of business from us though
[Marilyn] The Fed raised US interest rates a few times this year
[Jared] It's great news! The bean counters keep talking about the next phase, this may be the start of that phase.
[Marilyn] which is great for savings
[Monty] IMO, anytime increase in interest rates is not a very good news.
[Marilyn] but hard on debt
[usajmg93f] So is the CBI gonna be there Federal Reserve?
[DrE] hi R
[WarkaBank] hi
[usajmg93f] Try it now
[WarkaBank] Head Office Baghdad – Iraq Hay Alwihda – Sec. 902 – 14th St. P.O. Box : 3559 Elwiya
[JeffP] R-What are your hopes and all Iraqis that the IQD will open at on the market?
[JeffP] vs the USD
[WarkaBank] we hope that the Dinar come back to its value as before
[Marilyn] we have been guessing, anywhere from .01 usd to .33usd
[JeffP] and that was??
[Marilyn] was it .33 before?
[WarkaBank] yes before 90's
[JeffP] so .33 to the dollar?
[DrE] based on your experience...how long do you think it will take to stabilize after it opens??
[Monty] before 90s, isn't it 1IQD=3 US dollars?
[Marilyn] Is it true that Shabibi will open it on the market at 1460 and let it grow based on demand?
[JeffP] when I talk to my Iraqi friends they tell me the 3 to 1 USD was an inflated rate that Saddam established
[JeffP] and wasn't really accurate
[JeffP] good question marilyn
[WarkaBank] well you asking me things when was less than 10 years old
[WarkaBank] it will be diffucult to anser you correctly
[WarkaBank] what is shabibi
[WarkaBank] i didn't undersatand this
[Marilyn] the CBI leader
[DrE] we understand that we just want your opinion...
[JeffP] let me put it this way R -what is a rate that the iraqi's can live with?
[Marilyn] Central Bank
[JeffP] a realistic rate?
[JeffP] purchase power wise?
[usajmg93f] We have to think we probably get more info then they do their, they definately only get word of mouth stuff
[Marilyn] The question on everyone's lips is... When will it open on the world market and at what rate?
[WarkaBank] i do not know actually when
[JeffP] when do you hope?
[usajmg93f] Can you send me an English account summary tomorrow?
[DrE] do you think before elections?? or after elections??
[WarkaBank] i'll try too
[usajmg93f] Thanks
[Jared] Hi Kelly!
[Monty] hi kelley
[kelleyB] Hiiiiii
[Marilyn] Is your work at WarkaBank done on paper or on computers?
[usajmg93f] Can you also send me directions of how to get to the bank from the airport. Thats where my buddy is at
[usajmg93f] Hey Kelly
[kelleyB] hey usa
[Marilyn] Is the bank secure? Do you worry about attacks on the bank?
[Marilyn] Hi Kelly
[kelleyB] Hi Marilyn
[usajmg93f] Hey RET
[RET] HEY!
[kelleyB] RET!!!
[Jared] Hi Ret!
[RET] thought I'd pop in and say hello real quick
[Jared] that was fast
[RET] anybody see me on tv this weekend???
[RET] hee hee
[Marilyn] hi ret
[RET] better get for now. Lots of unpacking
[Jared] Did we lose R again?
[RET] i'll check in later
[kelleyB] ok tata
[usajmg93f] Not sure
[Marilyn] She's on but not responding....
[kelleyB] just wanted to see what was going on in here. have fun
[kelleyB] !
[kelleyB] Hi R
[kelleyB] thanks again
[usajmg93f] I think she is getting swamped with PM's
[Marilyn] ahhh
[usajmg93f] I wish we could disable them in chat
[Marilyn] yes, we all want our Warka Accounts ! Hehe
[usajmg93f] lol yes
[Marilyn] oops
[madbull] Hello all!
[Marilyn] shes off again
[usajmg93f] What does everyone think of the Sadr Peace deal?
[Marilyn] another peace deal.....
[Marilyn] time will tell
[JeffP] if it holds great
[Marilyn] hi madbull
[madbull] Is R online?
[usajmg93f] Yeah at least they are turning in weapons this time
[JeffP] no
[Marilyn] she dropped off
[Marilyn] but comes back
[Marilyn] theyre on generator power
[usajmg93f] Yes guys we have to be patient, also understand English isn't her first language
[Jared] Marilyn - Check you IM
[madbull] Hello Marilyn, Thank you for weloming me aboard!
[DrE] been great talking w/ everyone....have a ggod day and keep safe!!
[Marilyn] Good to have you!
[Marilyn] any news?
[usajmg93f] Take Care Dr. E
[DrE] ther i go again...i meant good not ggod
[Jared] HOLD YOUR POSTS....
[Jared] I'm have to go, so I am going to capture this session. Marilyn will take it from here.
[Marilyn] Have a great day Jared, Thanks!
[Jared] You too! Have fun everyone!
[usajmg93f] Will Do
[madbull] No new news here...You all problay know more than me!
[Marilyn] I'm gonna hang tight a while and see if she comes back on
[usajmg93f] me 2
[Marilyn] what are the remaining questions for her today?
[usajmg93f] I was just gonna let everyone else ask the questions
[madbull] Question: How long will Warka account stay open w/o money?
[Marilyn] I believe it's six months
[usajmg93f] Yeah but you only need like a dollar left in it to keep it open
[usajmg93f] I think the best news of the day is the rise in interest rate
[madbull] So, 6 months of no monetary movement?
[Marilyn] that's good news for us.
[Marilyn] is it good news for them too?
[usajmg93f] Yes, it must also mean Warka is doing well
[usajmg93f] Each day Warka leads on the CBI website as far as buying Dinar and Selling
[madbull] I mean 6 mos of no monetary movement to keep Warka accoun open.
[Jared] when it rains it poors.My system rebooted. JMG, can you copy paste the chat and PM to me?
[usajmg93f] I will copy all I have
[Jared] Thanks!

Marilyn will be posting the other segment later.

[Weston]

Think you guys need to get one person to answer the question and not hav 10people asking, to confusing for her.

[BoogerSnax]

Think you guys need to get one person to answer the question and not hav 10people asking, to confusing for her.

Exactly! Why doesn't everyone post the questions that they would like for R to answer and then let one of the mods ask the questions?

[FAST1]

Like pirahna.............. :rolleye03

[bottlebush]

SUGGESTION: Gather all the questions and have ONE person (moderator) asking the questions one at a time instead of having everyone throwing questions pell mell at her. Get all questions that members have consolidated into one list. Think this is possible/feasible. I think that this would alleviate an overwhelming inundation of questions being thrown about.

Just my 2 cents worth. [/QUOTE]

Yeppers!! Thats the way the professionals do it.
With follow up clarification questions asked ONLY by the Moderator. Not everybody talking & just getting the guest speaker ALL CONFUSED.
If you need to ask a question that did'nt get covered in the first session.Just post it to the Moderator for the next session. Great Idea

[mb55tech]

if we got one person to ask questions, and the day it was supposed to work that way with raanda.....that same morning the dinar was traded internationally, and it was too late???

that would be pretty funny! :lmao:

[danpeg]

In the future, if someone sends you a PM it's usually for your eyes only. One thing I cannot stand is when people post other people's PM or private e-mails without permission of their dicussion partners.

[BRYAN]

I would gladly be the one to ask questions ... I would be polite and percise in the questions ..and no repeat questions .. try to answer your potential questions from the answers Warka has posted .. :rolleye03

[mb55tech]

I would gladly be the one to ask questions ... I try to be polite and percise in the questions ..and no repeat questions .. try to answer your potential questions from the answers Warka has posted .. :rolleye03


you've got my vote dude!! either you or usajmg93...i think one of you two would be a good candidate. :wave:

[usajmg93f]

Bryan would be best, pretty soon I am going to be out of the loop for a little while!! Take Care All.

Josh

[Dstblz]

Exactly! Why doesn't everyone post the questions that they would like for R to answer and then let one of the mods ask the questions?


That was what I recommended like 3 days ago and everyone said it was a great idea, but I read the transcript and like 4-5 people were asking questions and people were posting left and right. What you need to do, is set up the forum saying "Chat with R, Q&A asked by ONE Moderator, QUIET PLEASE!"

Just my 2 cents worth.

[usajmg93f]

I also agree with that, Also no Private Messages to R, I know that has to be one of the problems too.

[Dstblz]

no PM's. All questions should be gathered and given to the moderator that will be asking the questions and PM's should be AFTER the chat is done.

Just my 2 cents worth.

[BoogerSnax]

That was what I recommended like 3 days ago and everyone said it was a great idea, but I read the transcript and like 4-5 people were asking questions and people were posting left and right. What you need to do, is set up the forum saying "Chat with R, Q&A asked by ONE Moderator, QUIET PLEASE!"

Just my 2 cents worth.

I created a "Questions for R thread" in the Lounge, it will be a great start! :happy64:

http://www.investorsiraq.com/showthread.php?t=1940

[RET]

EXCELLENT IDEA. So much could be accomplished in a short amount of time.

[JeffEdmo]

I just wanted to verify the phone numbers Miss R gave in the chat session. I wrote them down but worried that I might have gotten them wrong. I've got the first number as having 13 characters and the cell number as having 15. I have no idea how many there's supposed to be so I thought I would verify with someone. I'm not posting the numbers here as I didn't know whether or not it would be appropriate to post someone elses cell number on this public forum. Someone please PM me with the numbers you have from the chat. Or post the numbers if Admin feels it's OK.

Also, how does one go about calling these numbers in Iraq? What codes do you have to enter before the phone number (if any)? I've made international calls before but always had a little trouble figuring it out. Thanks!
J

[Marilyn]

She never did come back on after Jared left. Monty posted the entire text in the lounge...
I'll add a copy to the library :wave: