Thread: Iraq/Dinar News. 09/05 to 01/14/07

Originally Posted by smcquiller1

I am in South Carolina and my husband called a person we know at BOA to find out if they started selling dinar today. The person he was looking for was not available but he did speak with a woman there that said they did start selling dinar (today). He said, so if I want to purchase Iraqi dinar I can come into your banki and do so; she said yes. He asked her what was the rate, she said she did not know(mysterious) so he left a message for the lady he usually talks with to call him back. She called him back within 30 minutes and said that they "are not" selling dinar. She said that Iraqi currency is still sanctioned. Don't know what that means. She said they will begin to sell it when the sanctions are lifted. I am not sure who to believe. We call and asked to speak with somone in foreign currency, this poor dude did not even know what the iraqi dinar was. I am still trying to confirm...I am just not sure who to believe. Just thought I would see if anyone else heard anything.

In Texas, Bank of American has joined the Investment. Confirmed today in Mesquite Texas, across the street from My Chase Branch. Just adding to the pot as well.

Originally Posted by webinvestor

One interesting thing that many don't know is that the Fed Bank has nothing to do with the US Gov. Well, i shouldn't say nothing but they are not an "arm" of the Gov. The Fed is, debatably, the most powerful corporation in the World.

So, the CBI has done a great job of increasing reserves but at the expense of monetary inflation. They can't keep the exchange rate at the level it is and they can't keep buying back dinar in order to control inflation. As you said, they are probably their own worst enemy by keeping the rate where it is.

Very good observation pointed out to the unknown. Yes the FEDS are the BIG POWERFUL ARM. Who else can write IOU's and not back it up.

Went to B of A in Forth Worth, TX, and they said no. No information was given to them regarding the Iraqi Dinar.

I am couriously wondering if all have seen this. I just saw 12 Thank Yous for this post. With 168 members online and just 12 hits, I am guessing you all, missed this. This is "BIG NEWS" from a Official Site Gang.

Originally Posted by H2O_Lover

Does not seem to me the CBI has no intentions to keep it at it's present rate !

Sotaliraq.com


(Voice of Iraq) - 11 - 13-2006



The Central Bank adopted tight monetary policy to deal with high rates of inflation

This is just part of the article

He said the Iraqi Central Bank will adopt a tight monetary policy in this regard is aimed at reducing the inflation base through improved exchange rate of the Iraqi dinar and raise the purchasing power of the Iraqi dinar and make cash more attractive means to reflect the circumstances and encouraging indicators in the economy which would help in addressing the Dah danger of dollarization, which is one of the factors -

Originally Posted by neno

I am couriously wondering if all have seen this. I just saw 12 Thank Yous for this post. With 168 members online and just 12 hits, I am guessing you all, missed this. This is "BIG NEWS" from a Official Site Gang.

Neno, this is what we're all on a high from, it was posted earlier today and brought up many times since!

Originally Posted by tiffany

All right...quoting this one because I didn't really care much for the "toilet paper" post! Yah...the Democrats want to pull the troops in 4 - 6 months...but from what I remember from Social Studies class, the president can pretty much over-ride/VETO anything that is proposed..(?)..Ole'GW is in office 'til '08 and he has made it known that the troops are staying to finish up.

...that being said, I called my mom and told her of the huge auctions removing the dinar from circulation and she just had me order her more! I have INDEED created a monster! lol!

Tiffany, I believe there are more monsters among us. Just not admitting it. The Dianr Monster Gang is very Addictive.

Originally Posted by Adster

Neno, this is what we're all on a high from, it was posted earlier today and brought up many times since!

Neno's probably still trying to catch up (just got out of work). He'll be up-to-speed in a short while.

Originally Posted by Adster

Anyone want to hear some good news?!

Just wondering if Adster the Prankster is playing again. I am working thru the post. sofar sogood, except not all have BofA's confirmed in their area yet.

Originally Posted by Adster

Guys, gotta go out, will post this news later.

Hello anyone know if Iraq have been down for a long time?

Edit: it works now probably my own fault