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  1. #901
    Senior Investor wciappetta's Avatar
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    Quote Originally Posted by shotgunsusie View Post
    .27 on a different monitary value than iraq uses. i believe technically its 2.7?.
    one values at hundredths, one values at thousandths.

    Yes Mam you got that right...........that proves the value parity or near parity of the two monetary systems.
    It seems that the state insists, or preserve the value of the Iraqi dinar 148 against the dollar ...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 [ MOF Sept 2006]

    High RV is like Coke; it’s the real thing baby!

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  2. #902
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    Quote Originally Posted by shotgunsusie View Post
    .27 on a different monitary value than iraq uses. i believe technically its 2.7?.
    one values at hundredths, one values at thousandths.
    On the FXConverter - Currency Converter for 164 Currencies its as follows:

    1 SAR = 0.27 USD and 1 USD = 3.75 SAR

    1 KWD = 3.47 USD and 1 USD = 0.30 KWD

    A DIFFERENCE OF $3.20 USD

    Currency Converter for 164 Currencies
    Sometimes, when you cry...no one sees your tears.
    Sometimes, when you worry...no one sees your pain.
    Sometimes, when you're happy...no one sees you smile.
    But fart just ONE TIME.…

  3. #903
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    Default phat jamaicans?

    neno, found this in the news thread. smokin mirrors, or is your source smokin?

    Iraq oil law no closer to completion | Iraq Updates
    I JUST WANNA ROCK! (HAVE YOU SEEN THE BRIDGE? WHERES THAT CONFOUNDED BRIDGE?)

  4. #904
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    Quote Originally Posted by crave681 View Post
    neno, found this in the news thread. smokin mirrors, or is your source smokin?

    Iraq oil law no closer to completion | Iraq Updates
    From that article:

    ...Petroleum Intelligence Weekly reports the Kurdistan Regional Government said the Kurdish bloc in Parliament will reject the law if the annex stands as is. The KRG will move forward unilaterally on development if the law isn't passed by the end of May, which is looking increasingly likely....

    Update: They have a meeting TODAY to settle that. *( the article should be in the news section aslo)
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    Quote Originally Posted by Jola View Post
    From that article:

    ...Petroleum Intelligence Weekly reports the Kurdistan Regional Government said the Kurdish bloc in Parliament will reject the law if the annex stands as is. The KRG will move forward unilaterally on development if the law isn't passed by the end of May, which is looking increasingly likely....

    Update: They have a meeting TODAY to settle that. *( the article should be in the news section aslo)
    It is http://www.rolclub.com/192103-post666.html
    it can be said for all investors from the Arabs and foreigners, you enter now for it will be a golden opportunity for you.

  6. #906
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    Quote Originally Posted by rvalreadydang View Post
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  7. #907
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    Default No More Bond Issues.

    Quote Originally Posted by neno View Post
    Just got in from work....being on the phone at work is more like it. Have not read the forum yet. So some of this is probably already known.

    A Freind called me this morning Inviting me to Dubai for the HCL Completion on the 28,29, & 30 May. Now this was after the Article of all the Big Oil,Electric and what ever Companies that will be there. Ok you all should know of this Meeting. I didnt think I could go so offered my seat up to another freind.

    Then I called this freind to verify it as I was at work and had not seen anything yet. Ok it is there. Then also was told that the ICI was completed as well with Shabibi Yesterday in Washington, which is in a article as well ....Now get this along with the Second LOI in Washing ton was delievered by Shabibi as well. Yee-Haw. Now this is just privy info that was sent to this freind along with another confirmation of their Oil Company that will be in Dubai and stating again that Iraq's end of the HCL is done.

    Would also like to add for those that got into the Dong. That this should go right in time with the Dinar. Been told that they are saying something to the effect that the Dong is held up do to a Bond Issue that is being passed and that the Dong has to RV before the Bond thing is done.

    FIL,ICI,HCL,LOI, ??????? Nothing else I can figure is missing except a Date and Amount for the RV. The May 3rd meeting the way this freind puts it is just a Cake and Ice Cream Thing.

    Opinion....

    Grab and find all your Dinar and Dong as well as start finding out where you are going to cash in, Cause from everything that is shared with me, a anouncment is all that is left. And I am putting a figure here of between "Now and 28th", thats it. anything else you know....I will try to post it.
    ALL BONDS WERE SOLD YESTERDAYVietnam's government bond coupon rises to 7.15 pct


    The annual coupon on Vietnam's government bond issue edged up to 7.15 percent this week, from 7 percent in early April and a record low of 6.5 percent on debt sold in March, the Hanoi stock exchange said Wednesday.
    The over-the-counter market said four investors bought VND300 billion (US$18.6 million) worth of five-year government bonds on par with their VND100,000 face value on Tuesday, after bidders priced the debt at between 7 percent and 7.5 percent.

    At the previous auction on April 10, a total of VND700 billion ($41 million) worth of five-year government bonds were sold to four investors at 7 percent, up from a record low coupon of 6.5 percent at the previous auction on Marh 26.

    The government has raised VND2.46 trillion ($153 million) worth of five-year bonds at four auctions on the Hanoi Securities Trading Center so far this year, or 61.5 percent of the debt on offer, with coupons ranging between 6.5 percent and 7.62 percent.

    The Hanoi stock exchange also said it planned to hold another bond auction to raise VND400 billion ($25 million) in May.

    The Finance Ministry plans to raise VND22 trillion ($1.37 billion) worth of government bonds between March and year-end to invest in transport and irrigation projects.

    The debt terms will range from five years to 15 years.

    Apart from selling government bonds, the Hanoi market also auctioned debt issued by the Vietnam Development Bank and urban bonds issued by the Ho Chi Minh City government.

    Source: Reuters
    Vietnam latest news - Thanh Nien Daily

  8. #908
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    Quote Originally Posted by strongtower View Post
    ALL BONDS WERE SOLD YESTERDAYVietnam's government bond coupon rises to 7.15 pct
    Neno:
    Been told that they are saying something to the effect that the Dong is held up do to a Bond Issue that is being passed and that the Dong has to RV before the Bond thing is done.



    So, which is it? Looks like NO RV before the bonds were sold??

    Looks like the dong did not HAVE to RV before the bonds were done.

    Randy
    Last edited by bluezzguy; 25-04-2007 at 06:00 PM.

  9. #909
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    Quote Originally Posted by strongtower View Post
    ALL BONDS WERE SOLD YESTERDAYVietnam's government bond coupon rises to 7.15 pct

    Strongtower,

    No word from ANY of your 8 sources about the VND reval?

  10. #910
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    Another source bites the dust AGAIN!!!!

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