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Thread: Are the Banks in Preparation for the RV?

  1. #21
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    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

  2. #22
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    Lightbulb

    Umm... Adster ? Isn't the poster for this thread "heres-hoping" (joined Aug. 2006 with over 120 posts) ?

    Quote Originally Posted by Adster View Post
    Just saw the poster on this. First post, joined in March, classic hit and run. Hope I'm wrong.
    Kenb... In the land down under, "called in" often means "dropped by".

    Quote Originally Posted by kenb View Post
    Did you notice she said he "called". How would he know that the bank teller gave him a blank stare. I didn't know he could see through the phone. Maybe one of those video phones.
    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

  3. #23
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    Quote Originally Posted by sgmunson View Post
    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
    Just open one account with CHARTER ONE bank in Chicago. I asked about IQD and she said SOOOOON !!!

  4. #24
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    Quote Originally Posted by sgmunson View Post
    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
    Hi Steve,

    No I was referring to the BoA poster who said he was told they were about to exchange.......Maybe I'm too pessimistic, heard too many BS'er come and go in the last 20 months. IF I'm wrong, apologies to the poster newbie.
    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.

  5. #25
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    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
    we are waiting computors>>>>>>>>>>>> hurry up!!!!

  6. #26
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    Quote Originally Posted by OILMAN View Post
    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
    we are waiting computors>>>>>>>>>>>> hurry up!!!!
    What are you saying in a nutshell? Reval when?

    http://www.tradingfootball.eu/


    Iraq also wants a relationship between the foreign exchange market and the Iraqi dinar.

  7. #27
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    WOW! you wouldnt believe how excited i am about monday and the news we might get!!!!








    not very excited..... been there done that.

  8. #28
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    Quote Originally Posted by kenb View Post
    Did you notice she said he "called". How would he know that the bank teller gave him a blank stare. I didn't know he could see through the phone. Maybe one of those video phones.
    FYI "Called in" is often a colloquial phrase in the U.K., Australia and other places that understand the "Queen's English" to mean to 'casually visit in person' not unlike the phrase:'drop by'...


  9. #29
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    Quote Originally Posted by kev655 View Post
    FYI "Called in" is often a colloquial phrase in the U.K., Australia and other places that understand the "Queen's English" to mean to 'casually visit in person' not unlike the phrase:'drop by'...
    oh no... LOL :lmao::lmao:


    were going to be fighting over how to spell GAOL soon....

    (JAIL for the US readers..;))

  10. #30
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    Default

    srry guys....a teller is the last to know if any thing is going on......speculation can drive all of us crazy:D

  11. #31
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    Default

    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.

  12. #32
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    Mar 2007
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    371

    Default monetary systems

    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

  13. #33
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    Default

    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)

  14. #34
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    Dec 2006
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    Quote Originally Posted by nile View Post
    WOW! you wouldnt believe how excited i am about monday and the news we might get!!!!








    not very excited..... been there done that.


    GOOD CALL:o :o :o
    If you choose not to decide ,you still have made a choice!!!!!:)

  15. #35
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    What the hell is this all about ..?? is this part of an article ?? is there a link ....or just spewing ????





    Quote Originally Posted by OILMAN View Post
    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
    we are waiting computors>>>>>>>>>>>> hurry up!!!!
    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!!!

  16. #36
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    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

  17. #37
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    Dec 2005
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    6,071

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    Quote Originally Posted by Dinarespr View Post
    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
    Has what posted ...what are you talking about :)
    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!!!

  18. #38
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    Jan 2007
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    Default

    Quote Originally Posted by Adster View Post
    Hi Steve,

    No I was referring to the BoA poster who said he was told they were about to exchange.......Maybe I'm too pessimistic, heard too many BS'er come and go in the last 20 months. IF I'm wrong, apologies to the poster newbie.
    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...

  19. #39
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    Australia
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    Default

    Quote Originally Posted by kenb View Post
    Did you notice she said he "called". How would he know that the bank teller gave him a blank stare. I didn't know he could see through the phone. Maybe one of those video phones.
    I said my sister "called in" which also means visited for us down under.

  20. #40
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    Australia
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    Quote Originally Posted by Adster View Post
    Just saw the poster on this. First post, joined in March, classic hit and run. Hope I'm wrong.
    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.

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