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mab71
10-17-2006, 02:14 AM
Its the first time i have seen this ,whats your take on it?:confused:

Dinar Duchess
10-17-2006, 02:23 AM
Unusual to find the CBI website down. 'cannot find server' comes up. Could mean anything of course, fingers crossed.:rolleye03

911turboS
10-17-2006, 02:24 AM
refresh:rolleye03

Dinar Duchess
10-17-2006, 02:28 AM
refresh:rolleye03


can you get it then after you refresh, cos i cant

911turboS
10-17-2006, 02:29 AM
:no: nevermind! not working for me either

MC Dig
10-17-2006, 02:34 AM
The cbi site has been down for about an hour so far.

wheelz
10-17-2006, 04:27 AM
just retooling for the RV I hope:happy64: :happy64:

Lady D
10-17-2006, 04:36 AM
The site is still coming up as unknown. I hope it is for the reason we are all hoping. I'm ready for the fun to begin:-)
Lady D

Hot Sauce 080
10-17-2006, 04:46 AM
Come On You Freakin Dinar:happy64:

bultn
10-17-2006, 06:00 AM
Whois Record

Domain ID:D103823764-LROR
Domain Name:CBIRAQ.ORG
Created On:18-Jan-2004 14:34:27 UTC
Last Updated On:17-Oct-2006 04:03:24 UTC
Expiration Date:18-Jan-2009 14:34:27 UTC
Sponsoring Registrar:Go Daddy Software, Inc. (R91-LROR)
Status:PENDING DELETE RESTORABLE
Status:HOLD
Registrant ID:GODA-05130817
Registrant Name:CBI CBI
Registrant Street1:Al-Rasheed St.
Registrant Street2:Baghdad-Iraq
Registrant Street3:
Registrant City:Baghdad
Registrant State/Province:Baghdad
Registrant Postal Code:00964
Registrant Country:IQ
Registrant Phone:+964.018165171
Registrant Phone Ext.:
Registrant FAX:
Registrant FAX Ext.:
Registrant Email:http://img.domaintools.com/email.pgif?md5=c837c7a8cafbfcf68ef21cd7aac70054 (http://whois.domaintools.com/domain-privacy/)
Admin ID:GODA-25130817
Admin Name:CBI CBI
Admin Street1:Al-Rasheed St.
Admin Street2:baghdad-Iraq
Admin Street3:
Admin City:Baghdad
Admin State/Province:Baghdad
Admin Postal Code:00964
Admin Country:IQ
Admin Phone:+964.8165171
Admin Phone Ext.:
Admin FAX:
Admin FAX Ext.:
Admin Email:http://img.domaintools.com/email.pgif?md5=c837c7a8cafbfcf68ef21cd7aac70054 (http://whois.domaintools.com/domain-privacy/)
Tech ID:GODA-15130817
Tech Name:CBI CBI
Tech Street1:Al-Rasheed St.
Tech Street2:baghdad-Iraq
Tech Street3:
Tech City:Baghdad
Tech State/Province:Baghdad
Tech Postal Code:00964
Tech Country:IQ
Tech Phone:+964.8165171
Tech Phone Ext.:
Tech FAX:
Tech FAX Ext.:
Tech Email:http://img.domaintools.com/email.pgif?md5=c837c7a8cafbfcf68ef21cd7aac70054 (http://whois.domaintools.com/domain-privacy/)
Name Server:PARK31.SECURESERVER.NET
Name Server:PARK32.SECURESERVER.NET

Tenndinar
10-17-2006, 07:09 AM
I cant recall ever seeing it down, hopefully not for long....

rags2riches99
10-17-2006, 07:40 AM
Still down.

Lady D
10-17-2006, 08:40 AM
Has anyone on the ground in Iraq posted any news, of what's going on in Iraq today?

Jonny2Jags
10-17-2006, 08:41 AM
errrrrrr...that's odd, I got on to their Homer but got a page 'error...' when I clicked the link to their 'exchange rates' page . . . . .

StephanieF
10-17-2006, 08:59 AM
Went to check the CBI rates this morning and noticed the site is down.
I've been checking since 6AM and it's still down, probably just a DNS problem but is anyone else able to connect? Did the bank server get blown up?:lmao:

http://www.cbiraq.org

ISX_TIME
10-17-2006, 09:02 AM
Went to check the CBI rates this morning and noticed the site is down.
I've been checking since 6AM and it's still down, probably just a DNS problem but is anyone else able to connect? Did the bank server get blown up?:lmao:

http://www.cbiraq.org

I heard they are uploading pictures of the NEW dinar (14 denominations) :lmao:

yknot
10-17-2006, 09:03 AM
Whois Record

Domain ID:D103823764-LROR
Domain Name:CBIRAQ.ORG
Created On:18-Jan-2004 14:34:27 UTC
Last Updated On:17-Oct-2006 04:03:24 UTC
Expiration Date:18-Jan-2009 14:34:27 UTC
Sponsoring Registrar:Go Daddy Software, Inc. (R91-LROR)
Status:PENDING DELETE RESTORABLE
Status:HOLD
Registrant ID:GODA-05130817
Registrant Name:CBI CBI
Registrant Street1:Al-Rasheed St.
Registrant Street2:Baghdad-Iraq
Registrant Street3:
Registrant City:Baghdad
Registrant State/Province:Baghdad
Registrant Postal Code:00964
Registrant Country:IQ
Registrant Phone:+964.018165171
Registrant Phone Ext.:
Registrant FAX:
Registrant FAX Ext.:
Registrant Email:http://img.domaintools.com/email.pgif?md5=c837c7a8cafbfcf68ef21cd7aac70054 (http://whois.domaintools.com/domain-privacy/)
Admin ID:GODA-25130817
Admin Name:CBI CBI
Admin Street1:Al-Rasheed St.
Admin Street2:baghdad-Iraq
Admin Street3:
Admin City:Baghdad
Admin State/Province:Baghdad
Admin Postal Code:00964
Admin Country:IQ
Admin Phone:+964.8165171
Admin Phone Ext.:
Admin FAX:
Admin FAX Ext.:
Admin Email:http://img.domaintools.com/email.pgif?md5=c837c7a8cafbfcf68ef21cd7aac70054 (http://whois.domaintools.com/domain-privacy/)
Tech ID:GODA-15130817
Tech Name:CBI CBI
Tech Street1:Al-Rasheed St.
Tech Street2:baghdad-Iraq
Tech Street3:
Tech City:Baghdad
Tech State/Province:Baghdad
Tech Postal Code:00964
Tech Country:IQ
Tech Phone:+964.8165171
Tech Phone Ext.:
Tech FAX:
Tech FAX Ext.:
Tech Email:http://img.domaintools.com/email.pgif?md5=c837c7a8cafbfcf68ef21cd7aac70054 (http://whois.domaintools.com/domain-privacy/)
Name Server:PARK31.SECURESERVER.NET
Name Server:PARK32.SECURESERVER.NET


I pulled this off of networksolutions.com and it shows the prevous Admin and tech contact for the domain name was in Scottsdale, Arizona, USA. Looks like they have just updated this entry in the Internet Routing tables, it takes a day or so for this info to ripple through the internet.... Another hint for something positive in our near future?:happy64:

Registrant:
Domains by Proxy, Inc.
DomainsByProxy.com
15111 N. Hayden Rd., Ste 160, PMB 353
Scottsdale, Arizona 85260
United States

Registered through: GoDaddy.com, Inc. (Internet Domain Name Registration, Domain Transfers. Your domain name search starts here. (http://www.godaddy.com))
Domain Name: CBIRAQ.COM
Created on: 11-Jul-04
Expires on: 11-Jul-07
Last Updated on: 12-Jul-05

Administrative Contact:
Private, Registration CBIRAQ.COM@domainsbyproxy.com
Domains by Proxy, Inc.
DomainsByProxy.com
15111 N. Hayden Rd., Ste 160, PMB 353
Scottsdale, Arizona 85260
United States
(480) 624-2599

Technical Contact:
Private, Registration CBIRAQ.COM@domainsbyproxy.com
Domains by Proxy, Inc.
DomainsByProxy.com
15111 N. Hayden Rd., Ste 160, PMB 353
Scottsdale, Arizona 85260
United States
(480) 624-2599

Domain servers in listed order:
PARK17.SECURESERVER.NET
PARK18.SECURESERVER.NET

PegBundy
10-17-2006, 09:06 AM
It takes a day to adjust for new exchange rates

lndmn_01
10-17-2006, 09:06 AM
who is info...

Domain ID:D103823764-LROR
Domain Name:CBIRAQ.ORG
Created On:18-Jan-2004 14:34:27 UTC
Last Updated On:17-Oct-2006 04:03:24 UTC
Expiration Date:18-Jan-2009 14:34:27 UTC
Sponsoring Registrar:Go Daddy Software, Inc. (R91-LROR)
Status:PENDING DELETE RESTORABLE
Status:HOLD
Registrant ID:GODA-05130817
Registrant Name:CBI CBI
Registrant Street1:Al-Rasheed St.
Registrant Street2:Baghdad-Iraq
Registrant Street3:
Registrant City:Baghdad
Registrant State/Province:Baghdad
Registrant Postal Code:00964
Registrant Country:IQ
Registrant Phone:+964.018165171
Registrant Phone Ext.:
Registrant FAX:
Registrant FAX Ext.:
Registrant Email:haider.t@interglobenetworks.com
Admin ID:GODA-25130817
Admin Name:CBI CBI
Admin Street1:Al-Rasheed St.
Admin Street2:baghdad-Iraq
Admin Street3:
Admin City:Baghdad
Admin State/Province:Baghdad
Admin Postal Code:00964
Admin Country:IQ
Admin Phone:+964.8165171
Admin Phone Ext.:
Admin FAX:
Admin FAX Ext.:
Admin Email:haider.t@interglobenetworks.com
Tech ID:GODA-15130817
Tech Name:CBI CBI
Tech Street1:Al-Rasheed St.
Tech Street2:baghdad-Iraq
Tech Street3:
Tech City:Baghdad
Tech State/Province:Baghdad
Tech Postal Code:00964
Tech Country:IQ
Tech Phone:+964.8165171
Tech Phone Ext.:
Tech FAX:
Tech FAX Ext.:
Tech Email:haider.t@interglobenetworks.com
Name Server:PARK31.SECURESERVER.NET
Name Server:PARK32.SECURESERVER.NET

rags2riches99
10-17-2006, 09:15 AM
The home page is probably cached in your browser. The same thing happened to me.

StephanieF
10-17-2006, 09:22 AM
Well there's the problem

PARK31.SECURESERVER.NET


is down. And everyone assumes it's to change rates.:lmao: :lmao: :lmao:

inquisitive
10-17-2006, 09:23 AM
It was down at 3AM EST last night when I checked and found that to be interesting. It is still down now. I can get into the english home page but then "can't find server" to log in. Let's hope they are loading those new denominations.

lndmn_01
10-17-2006, 09:32 AM
Well there's the problem

PARK31.SECURESERVER.NET


is down. And everyone assumes it's to change rates.:lmao: :lmao: :lmao:


No, the problem is that the account is shown as on hold and pending delete. It appears that they may be changing registrars or possibly getting their own server. We don't know what is going on for sure (as with everything else in Iraq). There was also a report out today that the street on which the CBI is located has been closed for some reason, I don't have a link butI wil try to find it...

Lux
10-17-2006, 09:47 AM
This gang doesn't miss a beat!

I think the papparazzi could hire a few here. :p

Anyone know what Mr. Shibibi had for breakfast this morning?

Just curious.... :drunk:

WildBill1
10-17-2006, 09:52 AM
It is back up.

oldskiier
10-17-2006, 09:55 AM
It is back up.

Still down for me..might be in your cashe.....is the site working ???

Pooh Bear
10-17-2006, 09:57 AM
This gang doesn't miss a beat!

I think the papparazzi could hire a few here. :p

Anyone know what Mr. Shibibi had for breakfast this morning?

Just curious.... :drunk:

I have it on good authority that Mr. Shibibi had the Ultimate Steak Omlete from IHOP!

buck74
10-17-2006, 10:06 AM
I heard that he was seen with Mr Talabani leaving a local breakfast buffet (all you can eat) restaurant. :lmao:

WebGuy75903
10-17-2006, 10:22 AM
Just to let everyone know - This is probably nothing. The server is just down. If I were to update a site, I wouldn't take the server down to do it... There's usually no need. And on those extremely rare cases where the server MUST come down for an update, I certainly wouldn't let it stay down for hours at a time. This is probably nothing to do with a reval. Sometimes servers go down. Sure, it is a rather auspicious time for this to be happening, but I wouldn't read too much into this. There could be any number of reasons why the site is down: The DNS Box could have gotten hosed up for some reason, the power is out in the area, or a dozen other things. I'd love for this to be a sign of an impending reval, but I wouldn't hold my breath.

lglwzrd
10-17-2006, 10:33 AM
nope-mcgridle sandwich

sincityplayah
10-17-2006, 10:40 AM
Just to let everyone know - This is probably nothing. The server is just down. If I were to update a site, I wouldn't take the server down to do it... There's usually no need. And on those extremely rare cases where the server MUST come down for an update, I certainly wouldn't let it stay down for hours at a time. This is probably nothing to do with a reval. Sometimes servers go down. Sure, it is a rather auspicious time for this to be happening, but I wouldn't read too much into this. There could be any number of reasons why the site is down: The DNS Box could have gotten hosed up for some reason, the power is out in the area, or a dozen other things. I'd love for this to be a sign of an impending reval, but I wouldn't hold my breath.

I agree with you webguy, although its wishful thinking, however realistically its probably just a server issue, but hey lets continue to always pray for the reval!

mikey7777
10-17-2006, 10:44 AM
I got the site up but not the exchange rate, this did happen one other time and I swear they were thinking back then to change the rate. It came 0 dollars.

pppplllllllleeeease be an rv baby!!!!!!!!!!!!!!!!!!!!!!!!!!!!

lexluther77777
10-17-2006, 11:04 AM
now ....i wonder if the mcgriddle gives them sticky fingers though???....lol....good luck all

StephanieF
10-17-2006, 11:07 AM
:huge: Still down for me..might be in your cashe.....is the site working ???


I think you have to take those first three letters out of your username.:lmao: :lmao: :lmao: Just kiddin with you skiier.

fauxdough
10-17-2006, 11:25 AM
I don't know what he had to eat but he left with Lindsay Lohan.

fosking
10-17-2006, 11:47 AM
Back up! no rv :(

mikey7777
10-17-2006, 11:52 AM
the exchange Rate? not up here

mab71
10-17-2006, 11:53 AM
Back up! no rv :(

Roskin can you tell us please if it shows today's exchange rates, because it still isn't working for me.

panhead
10-17-2006, 12:06 PM
Still down on my end......

panhead
10-17-2006, 12:11 PM
I don't know what he had to eat but he left with Lindsay Lohan.

So he didn't have to have a mcgriddle to have sticky fingers?

mikey7777
10-17-2006, 12:12 PM
try again Fosking, to get into exchange rates

fosking
10-17-2006, 12:15 PM
Still letting me on, but yesterdays auction is still up there :confused:

Luminous
10-17-2006, 12:26 PM
1469.8 Yahoo finance

MC Dig
10-17-2006, 12:32 PM
Its your cache, site has been down for over 8 hours, and still down

oldskiier
10-17-2006, 12:52 PM
Its your cache, site has been down for over 8 hours, and still down

I heard that the pappers in Iraq are not showing a new rate either ??? somthings up

Pig-Pen
10-17-2006, 01:01 PM
So he didn't have to have a mcgriddle to have sticky fingers?

haw haw haw haw:lmao: :lmao: :lmao:

mikey7777
10-17-2006, 03:04 PM
now I am all the way down.......come on RV

winnie2
10-17-2006, 04:27 PM
Hi, Just heard that the CBI was taken down by someone,just wondering what your intake is on this?

NotMe
10-17-2006, 04:34 PM
Holy crap
just heard the CBI was under a massive attack

winnie2
10-17-2006, 04:35 PM
i just heard that the CBI was taken down by someone, what could that possible mean?

Lady D
10-17-2006, 05:26 PM
Seem to think that anyone suggesting even a tiny bit of hope, need to be stomped into the ground and mocked.

If they're REALLY that negative why bother wasting their time HERE. Unless their only pleasure in life is stomping everyone's tiniest bit of hope into the dust. Doesn't seem like that would be much of a life though.
Lady D

aqcroce2010
10-17-2006, 05:33 PM
i'd have to agree with lady d. Let people think what they want to think, and hope for what they want to hope for. If you cant even grant that to people, well your pretty hopeless:lmao:

Swoop737
10-17-2006, 07:31 PM
I had to check for myself, and the CBI site is still down. I think it is strange that a bank would allow its web site to be down for so long (even in Iraq). I also hope this might mean some good news!

BusterBrown
10-17-2006, 07:54 PM
I just checked Oanda.com and the exchange rate is 1406, Oct. 18

BusterBrown
10-17-2006, 08:01 PM
I just tried checking the Warka web site and it is down as well. What the?

yknot
10-17-2006, 09:26 PM
I just tried checking the Warka web site and it is down as well. What the?


Yep, I can't get there either! Whats up?:confused:

mikey7777
10-17-2006, 09:28 PM
Ive got hiiiigh hopes, Ive got hiiiigh hopes. maybe I am just like that little old ant. But I will keep on trying investment after investment.

Come on RV, baby

site is still down, I for one hope this is it! I am ready.

yknot
10-17-2006, 09:38 PM
Warka Bank Official Webiste (http://www.warka-bank.com/about.htm)

Back up

The Sage
10-17-2006, 09:46 PM
About 3 or 4 years ago, I was an IT manager for GE and if you live in the western US, you may have remembered a 12 hour outage on the internet for many in the US. It happened to be that SPRINT had a major disruption that took them a while to recover from.

It is totally possible that there is a regional infrastructure outage in Iraq...especially since as someone has reported both the CBI and Warka are out. The assumption here is that both warka and CBI's servers are in the affected area in Iraq

Jetsa
10-17-2006, 10:13 PM
Most Iraq government sites are on the same server as the CBI and they are all up.

John Jay
10-17-2006, 10:38 PM
Why is Iraq Stock Exchange Data featuring Quotes, Iraqi Market News and ISX Analysis (http://www.isx-data.com) say the market is open. It's it like 7
:30 am in Iraq.

What days is the ISX active?
Currently, the ISX trades twice weekly:

Mondays, 10AM - 12:30PM;
Wednesdays, 10AM - 12:30PM, both Baghdad local time (current Baghdad time: 07:37am, 10/18/2006).

John Jay
10-17-2006, 10:42 PM
Why is the stock exchange open at 7:30 in the morning?

waiting_game
10-18-2006, 06:55 AM
Still down as of 10/18/2006, 03:54pm, Baghdad Time.... that's a long time for any countries Central Bank web site to be down :confused:

WCKDinar
10-18-2006, 07:15 AM
One might assume that if the CBI site is down for the second day it is because they want it that way. This hasn't happen before and may be a good thing for all of us.

carlitosway
10-18-2006, 07:39 AM
Urulink.com for CBI is still up.

KnightsCharger
10-18-2006, 08:03 AM
About 3 or 4 years ago, I was an IT manager for GE and if you live in the western US, you may have remembered a 12 hour outage on the internet for many in the US. It happened to be that SPRINT had a major disruption that took them a while to recover from.

It is totally possible that there is a regional infrastructure outage in Iraq...especially since as someone has reported both the CBI and Warka are out. The assumption here is that both warka and CBI's servers are in the affected area in Iraq

I just went checked the Central Banks for Kuwait, Qatar, SA, Jordan, UAE, Iran all open up. So It's not regional. difffucult for me to believe that the CBI is connected to a server exclusively, when there was an operational system in place at the time they went on line and started operations. Unless someone severed the link by sabotage, I would have to assume it is intentional on the part of the CBI! GEEZ! this is the operational central bank of Iraq, You would think the GoI would have released a wire if they were not aware of this circumstance, What are they doing passing notes back and forth!!!:drunk: This is the second buisness day there down, I think I can say we wouldn't be the only ones asking questions. Heres a question, how long does it take to update the books, and get the true amount of USD in reserve to Dinars in circulation!?. Well thats my conspiracy theroy for the day:lmao: :happy64:

ISX_TIME
10-18-2006, 08:07 AM
I just went checked the Central Banks for Kuwait, Qatar, SA, Jordan, UAE, Iran all open up. So It's not regional. difffucult for me to believe that the CBI is connected to a server exclusively, when there was an operational system in place at the time they went on line and started operations. Unless someone severed the link by sabotage, I would have to assume it is intentional on the part of the CBI! GEEZ! this is the operational central bank of Iraq, You would think the GoI would have released a wire if they were not aware of this circumstance, What are they doing passing notes back and forth!!!:drunk: This is the second buisness day there down, I think I can say we wouldn't be the only ones asking questions. Heres a question, how long does it take to update the books, and get the true amount of USD in reserve to Dinars in circulation!?. Well thats my conspiracy theroy for the day:lmao: :happy64:

I'm sure when the CBI comes back up, a LOT of people will be scrutinizing the entire site for any changes. We shall see soon

KnightsCharger
10-18-2006, 08:29 AM
I'm sure when the CBI comes back up, a LOT of people will be scrutinizing the entire site for any changes. We shall see soon

Ya Think!!!! :lmao: Don't be a buzz kill! I'm going to have fun with it! Anticipation, fantasy, thrill of the unknown it's what this is all about. UNTILL!!!:drunk:

ezfastquotes
10-18-2006, 03:03 PM
I think the RV is coming this weekend. The last Dinar auction was on the 12th. Which was the last work day of last week. Then they had their weekend on friday and saturday. Monday the website went down and is still down and many dinar sellers have frozen their selling of dinar.
I am estatic and havn't been able to concentrate on work this week. Think about it, why would they stop the auctions on the 12th and why is the website down. I am ready to start living... How about you???

PennStateMtnMan
10-18-2006, 05:51 PM
I think the RV is coming this weekend. The last Dinar auction was on the 12th. Which was the last work day of last week. Then they had their weekend on friday and saturday. Monday the website went down and is still down and many dinar sellers have frozen their selling of dinar.
I am estatic and havn't been able to concentrate on work this week. Think about it, why would they stop the auctions on the 12th and why is the website down. I am ready to start living... How about you???

I didn't know the dealers stopped selling.

Lonestar
10-18-2006, 05:54 PM
That works for a lot of us. C'mon dinar! Almost 6 and I can not get the website to open.

JUSTAGUY
10-18-2006, 05:59 PM
I think the RV is coming this weekend. The last Dinar auction was on the 12th. Which was the last work day of last week. Then they had their weekend on friday and saturday. Monday the website went down and is still down and many dinar sellers have frozen their selling of dinar.
I am estatic and havn't been able to concentrate on work this week. Think about it, why would they stop the auctions on the 12th and why is the website down. I am ready to start living... How about you???


Nope, the last one was on the 15th.

deerslayer69
10-18-2006, 06:08 PM
Whew!!! I'm so glad my Warka transfer went through when it did.If this is what I think it is, I made it just in time. I've been trying to pull up the CBI all day, and can't get nothing. Man I'm starting to get the jitters over here! LOL! There's a dealer that lives here in my home town, I think I might call him and act like I'm interested in buying some Dinar from him, just to see what he says.

winnie2
10-18-2006, 06:08 PM
we had a letter also saying that as it stands right now no dealer is selling as of yesterday, everything is on hold hoping that the time has come for what we've been hoping for,because no one knows what the going rate is.

Copedawg
10-18-2006, 06:19 PM
well, according to IIF "new homepage" it is 1470:1, is that true? i dunno, where they get it from?

buck74
10-18-2006, 06:24 PM
I believe they are using that rate because it was the last posted rate by the CBI.

ezfastquotes
10-18-2006, 06:27 PM
I think everyone is still posting the old rates. But the Dinar Dealer that I use is out of Arizona and I've met them half a dozen times and they sent out an email to everyone that has purchased from them saying that everything is frozen until they find out whats going on.

winnie2
10-18-2006, 06:29 PM
well if you look at the oanda.com its 1406, maybe i'm confused, don't know

Lady D
10-18-2006, 06:45 PM
We spoke with our guy Today, He said, that the reason the site was down was they were changing it to Iraqgov.org or something like that, like ours is USgov.org. He did not say that he had quit selling he has said he will continue to sell until the day of the reval. He has always been very honest and never presented any "get 'em now before it's too late" sales pitches.

He also said there was an auction today and that the going rate was 1470 and $72 mil were sold :-( I was feeling optimistic that some thing good was about to happen.

Now this doesn't mean that we won't see some action next week before the 10,000 dinars are handed out. I am hopeful that they will do something by then.

If they don't I feel that we have a long wait to come because the people will riot if the reval after they spend their 10,000 dinars.
Lady D

meninblack
10-18-2006, 07:10 PM
We spoke with our guy Today, He said, that the reason the site was down was they were changing it to Iraqgov.org or something like that, like ours is USgov.org. He did not say that he had quit selling he has said he will continue to sell until the day of the reval. He has always been very honest and never presented any "get 'em now before it's too late" sales pitches.

He also said there was an auction today and that the going rate was 1470 and $72 mil were sold :-( I was feeling optimistic that some thing good was about to happen.

Now this doesn't mean that we won't see some action next week before the 10,000 dinars are handed out. I am hopeful that they will do something by then.

I think your guy is mistaken. The Bank of Baghdad would have listed those numbers today from the auction. They haven't posted any for 3 days. This sounds like dealer hype.:no:

dinaros
10-18-2006, 07:24 PM
iraqgov.org is COMING SOON to REGISTER.COM (http://www.register.com/retail/index.rcmx?promo=PPComingSoon)


May be something to that earlier post by Lady D,although these sites register domain names in hopes someone will eventually want that particular name and are willing to pay for it.

tmorr37
10-18-2006, 07:36 PM
Dealers don't know anything.
what, do they live in the basement of the CBI.
They are less informed than we are.

Kurt3628
10-18-2006, 08:15 PM
we had a letter also saying that as it stands right now no dealer is selling as of yesterday, everything is on hold hoping that the time has come for what we've been hoping for,because no one knows what the going rate is.

OK I have to ask. Where did the "Letter" come from and what did it say.

MonteandMe
10-18-2006, 08:18 PM
I have a feeling that the CBI didn't RV the Dinar fast enough and didn't have enough money to pay for their server space!!

Isabel de Arundel
10-18-2006, 08:32 PM
I am no computer expert but I would think that if they were changing servers or names they would have it all set up and then make the transition as smooth as possible since they are the CBI!.

goodguyuk1uk
10-18-2006, 08:39 PM
I have no faith in CBI compooter 'experts'...could be anything. My last 3 emails to warka not even been acknowledged.

mikey7777
10-18-2006, 09:13 PM
If there is to be a reval, all the world banks would have to prepare. which could take a few days, hell it would take workers in the US gov. weeks. let alone a few days to prepare for such an event. I am excited maybe for no reason, but I am.

Lady D
10-18-2006, 10:08 PM
I think your guy is mistaken. The Bank of Baghdad would have listed those numbers today from the auction. They haven't posted any for 3 days. This sounds like dealer hype.:no:

Dealer Hype? He says relax, it doesn't mean anything is happening. He gives a rational explaination for the CBI site being down, and you see it is HYPE. He says there was an auction and gives us the numbers.

I see it as the opposite of hype. He didn't say "Order NOW, it's happening this weekend" "Hurry, Hurry get the money order in".

I want this as bad as anyone else, and I'm a yeasayer. I just passed on what I was told. I am also dissappointed, but reality sometimes is disappointing compared to our dreams.

This man is from that region and has always been very honest. He is prompt with deliveries (next day) and his customers are satisfied. He has never hyped the sell.

I just don't see where you can get HYPE out of what I told you, but take as you see fit.
Lady D

jsfletcher
10-18-2006, 10:28 PM
Where did he get his info on the auctions? People have searched high and low and have found nothing. With no website running nobody answering the phones, and auctions not posted ANYWHERE unless he was there how can he know. I'm not disputing what you are saying, I believe you are telling us what you were told, I just don't see how he can know when nobody else does

kingdomfunding
10-18-2006, 10:29 PM
I think Condi Rice has been over there kickin behind and lighting
fires to get the reval moving.

It is highly unusual for a Sec of State to spend such a protracted
time over in these very volatile areas of the world.

I'm encouraged myself.

mike55
10-18-2006, 11:18 PM
I think Condi Rice has been over there kickin behind and lighting
fires to get the reval moving.

It is highly unusual for a Sec of State to spend such a protracted
time over in these very volatile areas of the world.

I'm encouraged myself.
Henry Kissinger......"Shuttle Diplomacy". She's gonna be a busy gal for a while

KnightsCharger
10-19-2006, 07:48 AM
Where did he get his info on the auctions? People have searched high and low and have found nothing. With no website running nobody answering the phones, and auctions not posted ANYWHERE unless he was there how can he know. I'm not disputing what you are saying, I believe you are telling us what you were told, I just don't see how he can know when nobody else does

Who knows! you'll want to read this

www.iraqdirectory.com/DisplayNews.aspx?id=2346 (http://www.iraqdirectory.com/DisplayNews.aspx?id=2346)

Hummer
10-19-2006, 08:22 AM
what do you make of that?

Lady D
10-19-2006, 08:49 AM
Where did he get his info on the auctions? People have searched high and low and have found nothing. With no website running nobody answering the phones, and auctions not posted ANYWHERE unless he was there how can he know. I'm not disputing what you are saying, I believe you are telling us what you were told, I just don't see how he can know when nobody else does

If your addressing me or not, but just in case I will respond.

He is one of the larger, if not the largest dealer in the states many dealers buy from him. He buys from several banks in Iraq, and speaks directly to people in banking there.

His family has been dealing currency for about 30 years. The article posted by Knightscharger does state figures from auctions earlier in the week.
Lady D

KnightsCharger
10-19-2006, 08:58 AM
what do you make of that?

How about this. It seems there have been auctions at the bank, what that has to do with the site being down! I've no clue.

But the last sentence stated that none of the 10 banks participating offered to sell ANY usd. The question is what do they know, that we don't. If I knew a rv was immenent I would hold every usd I had in reserve so as to benefit my bank reserves as much as possible at the time the rv is announced. no rumor here just speculating why no offers to sell.

Jayson
10-19-2006, 09:12 AM
How about this. It seems there have been auctions at the bank, what that has to do with the site being down! I've no clue.

But the last sentence stated that none of the 10 banks participating offered to sell ANY usd. The question is what do they know, that we don't. If I knew a rv was immenent I would hold every usd I had in reserve so as to benefit my bank reserves as much as possible at the time the rv is announced. no rumor here just speculating why no offers to sell.


Last Auction was Monday, If you read it.

Jonny2Jags
10-19-2006, 09:13 AM
Domain ID:D93158106-LROR
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Created On:16-Dec-2002 10:31:42 UTC
Last Updated On:17-Dec-2005 01:41:45 UTC
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Sponsoring Registrar:Register.com Inc. (R71-LROR)
Status:CLIENT TRANSFER PROHIBITED
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[COLOR="Red"]Registrant Name:A Rinno
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Registrant Phone:+962.971507482820
Registrant Phone Ext.:
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Registrant Email:hmeidos@yahoo.com
Admin ID:C38971384-RCOM
Admin Name:A Rinno
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Admin Street1:PO Box 13118
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Tech ID:C1-RCOM
Tech Name:Domain Registrar
Tech Organization:Register.Com
Tech Street1:575 8th Avenue
Tech Street2:11th Floor
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Tech City:New York
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Name Server:DNS27.REGISTER.COM

rfcr
10-19-2006, 09:14 AM
I am no computer expert but I would think that if they were changing servers or names they would have it all set up and then make the transition as smooth as possible since they are the CBI!.

That's exactly how it's done.....

bigtime
10-19-2006, 09:15 AM
the site has been down for a while now

KnightsCharger
10-19-2006, 09:56 AM
Last Auction was Monday, If you read it.

recording a demand amount to 43.8 mill., down from YESTERDAY which was 46 mill usd. Article. date 10/19/2006 Yesterday would have been the 18th.

lost in translation: The demand for dollars purchase decreased last monday. Probably should read : from last monday

or the article is 4 days old! take your pick!!

ISX_TIME
10-19-2006, 09:58 AM
Is there someone here that is inside Iraq, that can access the CBI website ?

Then we can rule out that IP's outside Iraq arent intentionally blocked.

Joel57
10-19-2006, 10:01 AM
Last Auction was Monday, If you read it.

recording a demand amount to 43.8 mill., down from YESTERDAY which was 46 mill usd. Article. date 10/19/2006 Yesterday would have been the 18th.

lost in translation: The demand for dollars purchase decreased last monday. Probably should read : from last monday

or the article is 4 days old! take your pick!!

Not so sure of that.....typically VOI reports the auction reports DAILY.......nothing reported since monday....article is reporting last known auction, IMO

KnightsCharger
10-19-2006, 10:16 AM
[quote=KnightsCharger;239678]

Not so sure of that.....typically VOI reports the auction reports DAILY.......nothing reported since monday....article is reporting last known auction, IMO

I'm not saying I know why there is this conflict in info. I'm focusing on the sentence that says no offers to sell usd by the 10 banks participating, whether last monday or yesterday is the significant part. I would want to hold as much usd in reserve as I could if I was in the loop as to a potential rv of any kind.

If I'm wrong then I would appreciate the opposing view, as I said before I'm not a banker nor schooled in currency trade to any real extent!!

Copedawg
10-19-2006, 10:17 AM
I know I am VERY slow, but are we trying to figure out IF they are trading? OR If the just the site is down?
I think IF they are NOT trading and the site IS down what does that mean?

ISX_TIME
10-19-2006, 10:18 AM
I know I am VERY slow, but are we trying to figure out IF they are trading? OR If the just the site is down?
I think IF they are NOT trading and the site IS down what does that mean?

This may be a start.....

Is there someone here that is inside Iraq, that can access the CBI website ?

Then we can rule out that IP's outside Iraq arent intentionally blocked.

Dinar Index
10-19-2006, 10:29 AM
I have read on this forum that the cbi has been closed since the 16th for ramadam could this be why the site has been down for so long.

KnightsCharger
10-19-2006, 10:29 AM
This may be a start.....

Is there someone here that is inside Iraq, that can access the CBI website ?

Then we can rule out that IP's outside Iraq arent intentionally blocked.


I'm not in Iraq, but I posted yesterday that I opened a number of Central bank websites in the region surrounding Iraq with no problem. So I've concluded that since it's not regional. Then it must be specific to the CBI for what reason! your guess is as good as mine! I don't know if someone in Iraq could just go up and knock on the door and ask. But it would seem that if anyone in Iraq attempted to open the site, they would have the same problem!

ISX_TIME
10-19-2006, 10:35 AM
I'm not in Iraq, but I posted yesterday that I opened a number of Central bank websites in the region surrounding Iraq with no problem. So I've concluded that since it's not regional. Then it must be specific to the CBI for what reason! your guess is as good as mine! I don't know if someone in Iraq could just go up and knock on the door and ask. But it would seem that if anyone in Iraq attempted to open the site, they would have the same problem!

Countries have been known to block IP's for specific countries, yor are able to acces other centarl banks because these countires obviousely have not restricted access from countries abroad, a definate indicator would be to have someone try to acces the CBI from within Iraq to see if this is the case

KnightsCharger
10-19-2006, 10:54 AM
Countries have been known to block IP's for specific countries, yor are able to acces other centarl banks because these countires obviousely have not restricted access from countries abroad, a definate indicator would be to have someone try to acces the CBI from within Iraq to see if this is the case

Seems reasonable, at least we would be 1 step closer to an answer. And if they can verify access then it would be reasonable to assume that auctions were taking place daily. would you agree?

So I too, would like those with info as to the auctions "if any" today, would continue to post what they are hearing.

That may be off topic here however. So if any one has info on auctions perhaps they could start another thread!

Copedawg
10-19-2006, 11:11 AM
So.......as of today nobody really knows the value of the dinar????? last I saw was 1470:1 I hate to ASSUME it still is. Is another site to get the OFFICIAL value?

Copedawg
10-19-2006, 11:14 AM
I have read on this forum that the cbi has been closed since the 16th for ramadam could this be why the site has been down for so long.

One would think that if it was down they would fix it. Or would the boss say "Hey, don't worry about it. Fix it after your holiday".

Joel57
10-19-2006, 11:45 AM
[quote=Joel57;239681]

I'm not saying I know why there is this conflict in info. I'm focusing on the sentence that says no offers to sell usd by the 10 banks participating, whether last monday or yesterday is the significant part. I would want to hold as much usd in reserve as I could if I was in the loop as to a potential rv of any kind.

If I'm wrong then I would appreciate the opposing view, as I said before I'm not a banker nor schooled in currency trade to any real extent!!

Sorry I mis-read your post...having said that, it is typical to see none of the banks offering to sell USD.
Just as an example...

Posted by: nadioshka on Monday, August 14, 2006 - 12:50 PM

Iraq-Currency
Dollar demand, rate lower in Iraqi central bank auction
Baghdad, Aug 14, (VOI) – Demand for dollars was lower at the Iraqi Central Bank daily auction on Monday to $49.580 million from $55.789 million on Sunday.
“The bank covered all bids which were $36.780 million in cash and $12.800 million in foreign transfers,” the bank said in its daily statement received by the independent news agency Voices of Iraq (VOI).
The dollar exchange rate moved lower for the first time in four weeks to 1,466 dinars 1,477 on Sunday, the statement said.
Fifteen banks bid to buy dollars on Monday but none made selling offers.

ezfastquotes
10-19-2006, 12:58 PM
That is very intersting that none of the banks are willing to sell. I did some homework and Bank of American and Wells Fargo are not set up to trade dinar yet. It looks like the only main one is Chase

oldskiier
10-19-2006, 01:06 PM
That is very intersting that none of the banks are willing to sell. I did some homework and Bank of American and Wells Fargo are not set up to trade dinar yet. It looks like the only main one is Chase


Chase wont sell right now ?????

jsfletcher
10-19-2006, 01:36 PM
Yes they will.. Just picked up some today and ordered more for by brother

ezfastquotes
10-19-2006, 01:43 PM
Good article on the last auction. The banks kept the last auction for themselves

A decline in demand for dollar purchase during the Central Bank auction | Iraq Updates (http://www.iraqupdates.com/p_articles.php?refid=DH-S-19-10-2006&article=11188)

dinaros
10-19-2006, 01:52 PM
Chase wont sell right now ?????


I just talked to C:happy64: hase bank in Houston,they are still selling. Rate has gone from .0007676 2 weeks ago to .0006269 as of today.

Questionable
10-19-2006, 01:55 PM
$627 per million here in the United States is extremely cheap, especially from a bank. If I lived near a Chase branch I'd buy some.

treestump
10-19-2006, 01:57 PM
CBI..
have been down,for whatever reason... when they re-open they will be ready for International wiring...

Copedawg
10-19-2006, 01:57 PM
I just talked to C:happy64: hase bank in Houston,they are still selling. Rate has gone from .0007676 2 weeks ago to .0006269 as of today.

I am embarrassed to ask this but what is the equation to convert .0006269 in to terms I can understand like 1470:1.
Tanx

Also how do they know the rate if it has changed maybe they have a site or can give us some direction to find out?

carlitosway
10-19-2006, 02:06 PM
I just talked to C:happy64: hase bank in Houston,they are still selling. Rate has gone from .0007676 2 weeks ago to .0006269 as of today.


Shouldn't this be the other way around. If it is now .0006269 then it is even further from the value of the dollar.

dinaros
10-19-2006, 02:08 PM
I am embarrassed to ask this but what is the equation to convert .0006269 in to terms I can understand like 1470:1.
Tanx

Also how do they know the rate if it has changed maybe they have a site or can give us some direction to find out?


1469.2:1

She also said since they started selling they are going like hotcakes. Unfortunatly the man in charge of internation money is out till monday,wanted to know if they knew any reason why the CBI website is down. The person I talked to didn't know anything about that.

dinaros
10-19-2006, 02:13 PM
1469.2:1

She also said since they started selling they are going like hotcakes. Unfortunatly the man in charge of internation money is out till monday,wanted to know if they knew any reason why the CBI website is down. The person I talked to didn't know anything about that.

never mind the 1469.2,thats incorrect,will figure it over.

dinaros
10-19-2006, 02:27 PM
I think this is correct.
1595.15 dinars per USD

vipor
10-19-2006, 02:42 PM
I am embarrassed to ask this but what is the equation to convert .0006269 in to terms I can understand like 1470:1.
Tanx

Also how do they know the rate if it has changed maybe they have a site or can give us some direction to find out?

".0006269" would be the dollar value for each dinar. So...

one dollar ($1.00) divided by the dollar value of each dinar (.0006269) gives you how many dinars you will get for a dollar.

1 / .0006269 = 1595.1507

1595:1

LethalTKD
10-19-2006, 02:44 PM
I think this is correct.
1595.15 dinars per USD
Bummer! :crying: ...well I dont want a reval yet...I need to get some more funds in my WARKA account! :wave:

AlwaysDreaming
10-19-2006, 02:46 PM
Shouldn't this be the other way around. If it is now .0006269 then it is even further from the value of the dollar.

I placed an order yesterday at chase and bought at .0007676. When she first went into the computer to place my order she mistakenly did it the wrong way as the buy back rate was approx. .0006269. Just curious if this is what might have happened when you were quoted.

lazyasL
10-19-2006, 02:58 PM
I just talked to C:happy64: hase bank in Houston,they are still selling. Rate has gone from .0007676 2 weeks ago to .0006269 as of today.


SORRY Dinaros, but the spot for Chase is 0.0006269, to buy from Chase you will pay over spot which is 0.007676 and to sell back to Chase it is below spot, don't have it readily availiable but something like 0.00058 something......sorry

ezfastquotes
10-19-2006, 03:03 PM
Hello everyone,

Its all speculation because none of the banks know whats going on except the CBI. There has to be a reason why all this is happening. I would not believe anyone at a local bank. The only people who have a clue work at the CBI and the Ten Banks that bought at the last auction but I'm sure only their higher ups know.

Hopefully in my conference call with the middle east tonight we will get some real news. The only thing I know is this. The CBI took their website down and put it on hold. Thats what WHO IS site says. That means nobody in the world has access to it. Until they put it back up we don't know much more than that. Hopefully this will be it.

kingdomfunding
10-19-2006, 03:05 PM
I went personally to the main downtown branch yesterday
(wednesday) in New Orleans. I tried to sell 3 million Dinar.
They said they ONLY buy Dinar from those they SOLD it to.

Sweet deal for the bank as they will only give you $550 USD
per million. They sell the Dinar for $900 per million.

However, the teller also said that once the Dinar pegs, all the
rules will change. Botom line is that everyone plans to make
a lot o money.:lmao:

Lady D
10-19-2006, 03:25 PM
I posted last night that WE had spoken to our dealer. Well I wasn't the one actually speaking I was the one standing in front of the person on the phone :-)

I made the call today and asked for today's figures. There was NO auction today. The oops! is for the fact that the auction level for yesterday was NOT 72 million it was 32 MILLION with a rate of of 1470. SO THE DEMAND FOR US $$ IS STILL GOING DOWN.

Sorry for the error in the posted amount of yesterdays auction. I will call again tomorrow afternoon and see if there's any new info.
LADY D

dinaros
10-19-2006, 05:14 PM
SORRY Dinaros, but the spot for Chase is 0.0006269, to buy from Chase you will pay over spot which is 0.007676 and to sell back to Chase it is below spot, don't have it readily availiable but something like 0.00058 something......sorry

Your probably right,2 weeks ago the selling price was .0007676 from Chase,in that case nothing has changed in 2 weeks. She said she didn't know what the buyback rate was but she most likely looked at the wrong chart. The person in charge of international currency was out today till monday. Will check back then if there is nothing newer on this thread by then.

Questionable
10-19-2006, 05:36 PM
I posted last night that WE had spoken to our dealer. Well I wasn't the one actually speaking I was the one standing in front of the person on the phone :-)

I made the call today and asked for today's figures. There was NO auction today. The oops! is for the fact that the auction level for yesterday was NOT 72 million it was 32 MILLION with a rate of of 1470. SO THE DEMAND FOR US $$ IS STILL GOING DOWN.

Sorry for the error in the posted amount of yesterdays auction. I will call again tomorrow afternoon and see if there's any new info.
LADY D

I'm pretty sure that could mean the demand for the dollar is going down, or the banks arn't offering the dollar to exchange.

Lady D
10-19-2006, 05:48 PM
I'm pretty sure that could mean the demand for the dollar is going down, or the banks arn't offering the dollar to exchange.

Why would they trade their dinars in at 1470 if they know they will soon be able to exchange them at a much better rate say 1 - 3 for a dollar.

tmorr37
10-19-2006, 05:50 PM
Aswat al Iraq :: Aswat al Iraq (http://www.aswataliraq.info/)

This site was posting the CBI rates of the day but has not posted since the CBI page went down.....HMmmmmmmmmmmm

treestump
10-19-2006, 06:00 PM
I was told per phone -" someone in Hounston Texas"-that CBI was getting their bank set up for international wiring-transfers-exchanges....
So we will have to wait until they come back up to see if this is correct, and if so this is great news....
It is like, why would you build a road if your not going to drive on it...lol

Jackfrost8
10-19-2006, 06:11 PM
How long can the CBI go on without an auction, will there be any kind of adverse action due to the CBI not having a daily auction? :confused:

Thanks,

vegasbound
10-19-2006, 06:23 PM
Wow, just go home from work 4:00pm mst and I see that CBI is still down. Makes you wonder whats up?
Maybe they are putting up a new site, maybe new servers or other hardware?
I understand that the us and or usaid put together the old site we are used to seeing.
Still and all with some software you can build a web site on any computer and up-load it to the web provider. software like front page that writes the HTML for you or knowing HTML language write it manually.
Well the optimistic thought would be maybe something to do with rv.
But one thing for sure is we're still waiting for when and to what level for the reval.

Copedawg
10-19-2006, 06:53 PM
thanks for the equation!!!!! (now if i can only remememememember it)....
so... if it went from .0007676 to .0006269 like lazyasl said, isn't that a step backwards?
@ 1/.0007676 = 1302.7
@ 1/.0006269 = 1595.1

dinaros
10-19-2006, 07:26 PM
thanks for the equation!!!!! (now if i can only remememememember it)....
so... if it went from .0007676 to .0006269 like lazyasl said, isn't that a step backwards?
@ 1/.0007676 = 1302.7
@ 1/.0006269 = 1595.1

Go back and read post #128,I think the girl at the bank read me the buy rate instead of the sell rate.

KnightsCharger
10-19-2006, 07:33 PM
Has anyone been able to confirm if an auction was held today! sorry in advance if I missed it, but since the site is still down thought I'd ask

Thanx!

lndmn_01
10-19-2006, 07:37 PM
Has anyone been able to confirm if an auction was held today! sorry in advance if I missed it, but since the site is still down thought I'd ask

Thanx!

No auction since Monday. People keep pulling up the same report about mondays auction but the reports are dated with the current date.

buck74
10-19-2006, 07:45 PM
If there is no auction this weekend the three day end of Ramadan Holiday Eid is Monday. Tuesday, and Wednesday. I am quite sure nothing will happen during the holiday. That would be ten days without an auction. Can anyone remember anything in recent history where it has gone this long without a CBI auction?

Lady D
10-19-2006, 11:11 PM
If there is no auction this weekend the three day end of Ramadan Holiday Eid is Monday. Tuesday, and Wednesday. I am quite sure nothing will happen during the holiday. That would be ten days without an auction. Can anyone remember anything in recent history where it has gone this long without a CBI auction?

I seem to remember as much as three days without an auction. I personally think something could happen next week just before the give out the 10,000 dinars. If it doesn't happen then, I think we will be in for at least another 6 mo. to a year wait.

They will have rioting in the streets if they reval a few weeks after they hand out the 10,000 dinars and everyone has spent their $8 worth,and they realize it could have been worth $800 to $10,000.

Karl
10-19-2006, 11:38 PM
I seem to remember as much as three days without an auction. I personally think something could happen next week just before the give out the 10,000 dinars. If it doesn't happen then, I think we will be in for at least another 6 mo. to a year wait.

They will have rioting in the streets if they reval a few weeks after they hand out the 10,000 dinars and everyone has spent their $8 worth,and they realize it could have been worth $800 to $10,000.

There is not going to be a revalue for along time. Seems like some people just do not understand. That goverment does not know anything about politics and keeping the people happy. Part of the violence is that everybody is poor and the money is worthless, they cannot buy the things they need. They are going to pass out 10,000 dinars with the value it is now. I am using my dinars as wall paper it is very colorful. :drunk:

lndmn_01
10-19-2006, 11:46 PM
There is not going to be a revalue for along time. Seems like some people just do not understand. That goverment does not know anything about politics and keeping the people happy. Part of the violence is that everybody is poor and the money is worthless, they cannot buy the things they need. They are going to pass out 10,000 dinars with the value it is now. I am using my dinars as wall paper it is very colorful. :drunk:

I just have to ask, and I don't want to sound rude, but if you really believe that the dinar will not reval for a long time why don't you sell and invest in something with a better potential for return and then buy dinar at later time when you believe there is more of a chance of seeing some return? Secondly. I noticed that you joined the forum in August. Why waist your time here if there is nothing on the horizon? Again, I mean no disrespect nor do I intend to imply anything negative by asking this. I am just curious as to what you think.


Thanks!!!:)


(mods, as I stated above I don't mean to start an trouble and if you feel my post will do so please remove)

Karl
10-19-2006, 11:52 PM
I just have to ask, and I don't want to sound rude, but if you really believe that the dinar will not reval for a long time why don't you sell and invest in something with a better potential for return and then buy dinar at later time when you believe there is more of a chance of seeing some return? Secondly. I noticed that you joined the forum in August. Why waist your time here if there is nothing on the horizon? Again, I mean no disrespect nor do I intend to imply anything negative by asking this. I am just curious as to what you think.


Thanks!!!:)


(mods, as I stated above I don't mean to start an trouble and if you feel my post will do so please remove)

I have invested in something else, and when ever it comes out probably buy the year 2010 I will pull it off of my wall and trade it in. :drunk:

Joel57
10-19-2006, 11:53 PM
There is not going to be a revalue for along time. Seems like some people just do not understand. That goverment does not know anything about politics and keeping the people happy. Part of the violence is that everybody is poor and the money is worthless, they cannot buy the things they need. They are going to pass out 10,000 dinars with the value it is now. I am using my dinars as wall paper it is very colorful. :drunk:

Precisely, one of several good reasons why a revaluation needs to (and will, IMO) happen sooner, rather than later.

lndmn_01
10-19-2006, 11:55 PM
I have invested in something else, and when ever it comes out probably buy the year 2010 I will pull it off of my wall and trade it in. :drunk:


Thanks for the reply...:)

Karl
10-19-2006, 11:56 PM
Precisely, one of several good reasons why a revaluation needs to (and will, IMO) happen sooner, rather than later.

Ok what sooner the year 2010 and later 2020. :drunk:

Joel57
10-19-2006, 11:59 PM
Ok what sooner the year 2010 and later 2020. :drunk:
You really need to find something better to do with your time...JMO

donnarae
10-20-2006, 03:21 AM
Hi, I have a question and I really hope it is not a stupid one :( If the CBI site is down then where is xe.com getting their currency changes from? This morning it was 1461 and now it is 1469?

lordrazor1
10-20-2006, 06:57 AM
Hi, I have a question and I really hope it is not a stupid one :( If the CBI site is down then where is xe.com getting their currency changes from? This morning it was 1461 and now it is 1469?


More than likely they are keeping it floating with the US. When the dollar rises so does the dinar and when the dollar drops the dinar follows.

treestump
10-20-2006, 09:21 AM
A Call for Re-framing banks
To activate their role in the processes of reconstruction and development
20/10/2006

Economic expert disclosed that the banking system in Iraq is suffering from deficiencies in performing its core functions, stressing the need for re-framing government banks. Dr. Majid Assoori, an expert at the Iraqi Central Bank, said in an interview on the role of banks in the economic reform: the fundamental task of re-framing banks is improving their performance in order to provide banking services to the government, institutions and individuals in accordance with the requirements of developing the economy.

Assoori emphasized that the banking sector plays an important role in the international economic and financial relations; therefore, it has a considerable international attention that the banking sector needs to be responsible and accurate in implementing these transactions.
He said: Therefore, the main objective of re-framing is to eliminate the problems facing banks and ensure the functioning of local and international dealings.

The tasks of re-framing are determined by two main factors: first, The existence of a genuine, clear and transparent political will to do this process, and a proper timing in a relatively calm financial banking activity.

The second task in financial re-framing includes the commitment to the minimum capital for the banks. If a transition to be made to broad international activity, the capital should be increased to its higher levels as well as reconsidering the credit portfolio and improving its management; also, obliging to regulations, instructions and procedures.

Dr. Magid pointed to the need to ease the liabilities of banks and convert as much as possible to increase the capital. Some of the requirements of re-framing banking activity are to reconsider the type of services provided, develop and execute them as soon as possible, strengthen internal controls and monitoring compliance, policy-making is also required in accordance with the Banking Law and the regulations of the Central Bank and the instruction of the Board, as well as reducing operational costs and the use of modern means of providing banking services.

http://www.iraqdirectory.com/DisplayNews.aspx?id=2352

copy and paste link please

boomcreek
10-20-2006, 10:26 AM
You really need to find something better to do with your time...JMO
As the value of other currencies change, in relation to the IQD, those sites will show a different value of the IQD. There is movement in the value of the U.S. dollar everyday, as well as the Euro.

DinarIncrease
10-20-2006, 10:47 AM
CBI site is back up, there has been no updates on it however.

mab71
10-20-2006, 10:47 AM
The cbi site is back up!!!!!!

Michelleirs
10-20-2006, 10:54 AM
Site is back up and running. But the latest auction date is still 10-16-06. Don't know what it means or if it will change when it is updated. Guess we will have to wait and see!

carlitosway
10-20-2006, 11:00 AM
Site is back up and running. But the latest auction date is still 10-16-06. Don't know what it means or if it will change when it is updated. Guess we will have to wait and see!


Probably won't change until Monday. But we'll see!

Jetsa
10-20-2006, 11:08 AM
I read that when Kuwait revalued (or changed the value of their currency, however you would like to phrase it), the banks did not trade for a week to 10 days, fwiw.

tonytz123
10-20-2006, 11:14 AM
check out the date