Thread: Positive R/V Rumors

Ok, thanks! That's what I figured...as I said - wishful thinking! :)
/K

Originally Posted by AlwaysDreaming

fsndirector posted the other day....

Originally Posted by fsndirector
I just got a call from a friend of mine here in AZ, who had to go to his mothers funeral in Salt Lake City, Utah yesterday. Last night they went to a neighbors and they found out from one of the people there that their son is in Iraq and he has been buying dinar once a week from the CBI and Thursday when he went in to buy some more they wouldn't sell it to him, they said they stopped selling it tell they revalue it. He asked them when that would be and they said in a couple days, he then asked them what it would cost to buy more at that time and they wouldn't tell him that. (of coarse) Very interesting call.

Today from Treestump at IIF:

I posted this here although it is not a rumor.
My friend got a call today from his Dinar seller that he has someone in Kuwiat that works there that each paycheck he gets he goes into CBI and buys more Dinars, he just called and said they would not sell him any more Dinars??? I wonder why this is??? If I find out more I will post it here.

update from treestump:

I just called him and he said that the teller told him that the next time he will be able to do anything there it will be on the Forex..
WOW.. I hope this is something!!!!!!!!!!!!!

Thought it was interesting that there were 2 similiar postings.

I'm curious to see if there is any update from people in Iraq, Jordan or Kuwait who might have tried to buy Dinar this week...

You Must Be A Dealer Is This True Answer Me Now

Since when do people off the street buy Dinars from the CBI, a reserve bank?

2B

Originally Posted by 2bmoore

Since when do people off the street buy Dinars from the CBI, a reserve bank?

2B

There is a commercial bank inside the CBI...

I was browsing the web about this item and found an interesting article.
This comes from: http://www.iraqdirectory.com/DisplayNews.aspx?id=1636

Iraq is considering redenominating the dinar, printing new banknotes to remove inflation-generated zeros from its currency, the finance minister said yesterday.

Senior government and central bank officials have said the proposal has been under consideration for some time to make one new dinar equal to 1,000 current dinars, a move that would bring the currency closer to parity with the US dollar.

Asked about such a suggestion in an interview on Arabiya television, Finance Minister Bayan Jabor said: "This is the ministry's suggestion to the central bank. We think in the long term it will be for the benefit of Iraq."

Jabor said surveys indicated popular support for the move.

The oil-rich nation's currency was once worth more than $3, he recalled, before the ruinous wars and international sanctions during the rule of Saddam Hussein.

There are currently about 1,450 dinars to the dollar, a rate that has been relatively stable since shortly after the US invasion in 2003. At that time new banknotes were issued by the US occupiers to remove Saddam's image.

Other nations that have been through rampant inflation have followed a similar course, notably Russia in the 1990s.

Until the 1980s, many prices in Iraq commonly also used the fils. One dinar equals 1,000 fils. The smallest denomination note today is 250 dinars.

Just for your information. Take it how you want.

Originally Posted by boxiedoxie

I was browsing the web about this item and found an interesting article.
This comes from: http://www.iraqdirectory.com/DisplayNews.aspx?id=1636

Iraq is considering redenominating the dinar, printing new banknotes to remove inflation-generated zeros from its currency, the finance minister said yesterday.

Senior government and central bank officials have said the proposal has been under consideration for some time to make one new dinar equal to 1,000 current dinars, a move that would bring the currency closer to parity with the US dollar.

Asked about such a suggestion in an interview on Arabiya television, Finance Minister Bayan Jabor said: "This is the ministry's suggestion to the central bank. We think in the long term it will be for the benefit of Iraq."

Jabor said surveys indicated popular support for the move.

The oil-rich nation's currency was once worth more than $3, he recalled, before the ruinous wars and international sanctions during the rule of Saddam Hussein.

There are currently about 1,450 dinars to the dollar, a rate that has been relatively stable since shortly after the US invasion in 2003. At that time new banknotes were issued by the US occupiers to remove Saddam's image.

Other nations that have been through rampant inflation have followed a similar course, notably Russia in the 1990s.

Until the 1980s, many prices in Iraq commonly also used the fils. One dinar equals 1,000 fils. The smallest denomination note today is 250 dinars.

Just for your information. Take it how you want.

There have been several comments posted on here since then to refute this.

Thanks though.

Iraq plans to revalue currency
07/07/2006
Source: Gulf Daily News

Originally Posted by boxiedoxie

I was browsing the web about this item and found an interesting article.
This comes from: http://www.iraqdirectory.com/DisplayNews.aspx?id=1636

Iraq is considering redenominating the dinar, printing new banknotes to remove inflation-generated zeros from its currency, the finance minister said yesterday.

Senior government and central bank officials have said the proposal has been under consideration for some time to make one new dinar equal to 1,000 current dinars, a move that would bring the currency closer to parity with the US dollar.

Asked about such a suggestion in an interview on Arabiya television, Finance Minister Bayan Jabor said: "This is the ministry's suggestion to the central bank. We think in the long term it will be for the benefit of Iraq."

Jabor said surveys indicated popular support for the move.

The oil-rich nation's currency was once worth more than $3, he recalled, before the ruinous wars and international sanctions during the rule of Saddam Hussein.

There are currently about 1,450 dinars to the dollar, a rate that has been relatively stable since shortly after the US invasion in 2003. At that time new banknotes were issued by the US occupiers to remove Saddam's image.

Other nations that have been through rampant inflation have followed a similar course, notably Russia in the 1990s.

Until the 1980s, many prices in Iraq commonly also used the fils. One dinar equals 1,000 fils. The smallest denomination note today is 250 dinars.

Just for your information. Take it how you want.

this is dated 07/07/2006


and you joined nov/06 and made this your 1st post.


man your askin for it arnt you

Sorry. I just thought I would try to help with some happy, hopeful info. Didn't kow I would be a bad guy. It won't happen again as I probably won't post again.

Originally Posted by boxiedoxie

Sorry. I just thought I would try to help in some rumors. Didn't kow I would be a bad guy. It won't happen again as I probably won't post again.

don't be offended, just do a little research if you're posting something that's not quite current. this is a great bunch of people.