I totally agree. If we see some rediculously low rate like.05 or anything like that, the smart ones will hold regardless of what is playing in the news. You can't ignore the former exchange rate nor the comments of the MOF. In another forum I saw the document showing a 2002 an exchange rate of 3.22 calling it parity. Imagine that?
Interesting since the report had the currently downed website address at the top thus proving that report had to be generated sometime after the 2004 launching of the website. Plus you have the Bank of Baghdad report as well about keeping the books @.31dinar to the dollar.
Gotta know when to hold...........
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18-10-2006, 05:50 PM #15141
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18-10-2006, 05:54 PM #15142
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Alert
My Brother just called to let me know that Safe Dinar called him to say that they will not be able to ship his order and that all orders are cancelled until further notice.
“Don't be distracted by criticism. The only taste of success some people have, is when they take a bite out of you.”
Got woOOot?
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18-10-2006, 05:55 PM #15143
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Currency Conversion Results from AME
Here's the currency conversion results listed on AME (Middle East Business Resource).
Link:
Business News
Wednesday, October 18, 2006
1 Iraqi Dinar = 0.0007112 US Dollar
1 US Dollar (USD) = 1406.00 Iraqi Dinar (IQD)
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18-10-2006, 05:55 PM #15144
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18-10-2006, 05:56 PM #15145
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18-10-2006, 05:57 PM #15146
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If Chase are still selling at the old rate they've not been told of a new rate.
Did Safedinar give a reason????Zubaidi:Monetary value of the Iraqi dinar must revert to the previous level, or at least to acceptable levels as it is in the Iraqi neighboring states.
Shabibi:The bank wants as a means to affect the economic and monetary policy by making the dinar a valuable and powerful.
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18-10-2006, 05:57 PM #15147
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SHUT ~ UP!!!
That is the ONLY thing that has been keeping me SEMI-UNDER-CONTROL!!!!!! YAAAAHHOOOOOOO!!!!! Adster...Ain't no holdin' me back NOW!!!!!
DANCE!~BANANA, DANCE Dammit!!!
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18-10-2006, 06:02 PM #15148
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18-10-2006, 06:03 PM #15149
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Is someone available to call safedinar and confirm?
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18-10-2006, 06:03 PM #15150
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Deep breaths Tiff, LOL.
Zubaidi:Monetary value of the Iraqi dinar must revert to the previous level, or at least to acceptable levels as it is in the Iraqi neighboring states.
Shabibi:The bank wants as a means to affect the economic and monetary policy by making the dinar a valuable and powerful.
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