This is for way sure a sign of something. I went into a bank once and mentioned Iraq to a teller and she said yup she had heard of Iraq. Something is up for way sure. Know what Im saying. So way cool dude. Now this is hugh.
This is for way sure a sign of something. I went into a bank once and mentioned Iraq to a teller and she said yup she had heard of Iraq. Something is up for way sure. Know what Im saying. So way cool dude. Now this is hugh.
"Why strengthen the dinar? Nothing worse than having to use an occupying forces currency to make you feel occupied." Crosslakeboy.
Lets get rich together. www.agloco.com/r/BBQ1388
Umm... Adster ? Isn't the poster for this thread "heres-hoping" (joined Aug. 2006 with over 120 posts) ?
Kenb... In the land down under, "called in" often means "dropped by".
Finally, I think we would definitely know something is "UP" if we got independent confirmation that multiple banks have the IQD in pending status, especially if we knew those banks previously were NOT dealing with the dinar.
Steve
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Last edited by Adster; 03-18-2007 at 08:36 AM.
http://www.tradingfootball.eu/
Iraq also wants a relationship between the foreign exchange market and the Iraqi dinar.
Hi you all........Iraqi meetin the benchmarks of the G-7
qualifies them to set their own reval sometime.....![]()
the intial monterary G-7 i believe were the largest
countrys from the 1900s that helped to start current
dollarization system required of interested () in joining
those that do make out...those that don't struggle
along in unsupported currency along with the choices
they make.....You an i are very LUCKY>>>>>>>>>
in supporting a country of reconstruction w/ dinars
BUT that does not mean they will be fiscally responsibily
w/ their checkbook like the rest of us equally an in so
their high reval will take a dump due to FLAT OUT not
following directions...they have been told what to do
now do it>>>they are meetin them benchmarks everbody
in 90 countrys has a stake in this they want to make
TOOOOO! you can bet YAAAAAA HOOOOOOOOO
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we are waiting computors>>>>>>>>>>>> hurry up!!!!
http://www.tradingfootball.eu/
Iraq also wants a relationship between the foreign exchange market and the Iraqi dinar.
WOW! you wouldnt believe how excited i am about monday and the news we might get!!!!
not very excited..... been there done that.
srry guys....a teller is the last to know if any thing is going on......speculation can drive all of us crazy:D
It would not surprise me,with the FIL in effect and ISX open that a effort would be made to make the dinar more exchangable through out the world,bring more banks into the fold.Just a thought.
we are waiting for them to finish hooking up their computors....
in the mean time they keep inflation in check> ya DIG?
It is essential to make a distinction between "pegged" and "fixed" rates. The difference lies in the adjustment system. A fixed rate in one where intervention in the exchange market is allowed to affect the money supply. If a country has a surplus the central bank has to intervene to prevent its currency from appreciating; it buys foreign exchange in return for domestic currency. The increased supply of domestic currency increases the reserves of the banking system and increases domestic expenditure, automatically correcting the surplus. Similarly, a deficit requires intervention in the opposite direction. The central bank sells foreign exchange to support the domestic currency and gets back domestic currency, which reduces the reserves of the banking system, the money supply and domestic expenditure, and thereby corrects the deficit. A fixed exchange rate system is a monetary rule that contains a self-adjusting equilibrating mechanism of the balance of payments :D
everyone cool down..
i dont believe this for a second.. and even if it is true, i think the teller meant its going on forex etc (an opening traded currency)
Septemebr 16, 2007
"Part An official at the Iraqi Central Bank that the bank develop a plan in this regard to create a balance of cash exchanges and the revival of small groups of local currency such as those designed to raise the value of the Iraqi dinar against the dollar earlier!!!
Well, the weblink below from the US Department of Treasury has it posted on their currency exchange chart as of months ago.
http://www.fms.treas.gov/intn.html#rates
Treasury Reporting Rates of Exchange
Septemebr 16, 2007
"Part An official at the Iraqi Central Bank that the bank develop a plan in this regard to create a balance of cash exchanges and the revival of small groups of local currency such as those designed to raise the value of the Iraqi dinar against the dollar earlier!!!
It might be coming at BoA, but it certainly is not orderable online yet:
http://www.bankofamerica.com/foreign..._order_now.cfm
You can order currency online with BoA, but not Iraqi dinar yet...I'll talk to some folks here and see what the deal is.
Kings of the Whoppers - One sells 'em, one tells 'em...
Hi Adster. I'm not sure who you are directing this at but I didn't just join in March but Aug last year. I have been an active member of IIF since then. I know that IIF have had their fair share of BS flags flown around mate, but I posted my sister's experience here because it was on her experience and not hearsay. The teller did not infer or give her any rumour etc but only told her that they had just added it to their list of currencies although pending. Nothing more. That can hardly be classed as BS.
I do think that it may be an idea for everyone else outside US and who don't deal with the main playing banks (BOA, Chase etc) contact their local bank to ask whether they too have the currency listed or likely to list in near future. I will be contacting my bank (ANZ) down here. Maybe someone can keep a tally in the polls section.