Thread: Rv More Info For All

Originally Posted by po-cajun

.05??? Thats still nothing. Not even close to being the currency of "CHOICE" we been hearing about. BIG BS

$.05, I would be thrilled with this, if it happend as quickly as this week

Originally Posted by strongtower

I just want to say I back up your rumor so far. Your rumor is the same thing I was told this week. No, we don't have the same source. I was told they have shut down dealers from getting dinar out of the middle east until the new rate is implemented which is SUPPOSE to be wens. or thurs from saturdays exchange rate meeting. I was told about this meeting a week before you even posted about it. I can even see it happening over the weekend just to get things in order first. I was told we will see a shake out rate and will be raised according to when all laws are enacted and oil is flowing. People can blast me as they will do but I am just reporting what was told to me.

I really appreciate you giving us this info. Especially under the current climate. I believe you are the 4th person among the various forums to pass on similar info, from different sources...Let's hope it pans out. We will know soon enough.

Originally Posted by wellwishes

I really appreciate you giving us this info. Especially under the current climate. I believe you are the 4th person among the various forums to pass on similar info, from different sources...Let's hope it pans out. We will know soon enough.

We can only hope, I have been here since 2005. It's time for Iraq to get on their feet.

I have a question.

Looking at this article:

Voices of Iraq: Iraq-Currency
Posted by: saleem on Tuesday, April 10, 2007 - 03:05 PM
Iraq-Currency
Higher demand for dollar as exchange rate fixed till Thursday in auction
By Dergham Mohamed Ali
Baghdad, Apr 10, (VOI) – Demand for the dollar was down in the Iraqi Central Bank’s daily auction on Tuesday, reaching $ 59.505 million compared with $49.825 million on Sunday, as the Central Bank fixed the exchange rate at 1,272 dinars per dollar until Thursday.
In its daily statement, the bank said it had covered all bids, which included $9.485 million in cash and $50.020 million in foreign transfers, at an exchange rate of 1,272 dinars per dollar, unchanged from last week.
A source at the Iraqi Central bank told the independent news agency Voices of Iraq (VOI) "the exchange rate is fixed at 1,272 dinars per dollar until Thursday."
None of the 14 banks that participated in Tuesday's auction offered to sell dollars.
The auction did not convene on Monday as the Iraqi government imposed a curfew on Baghdad on the fourth anniversary of Baghdad's fall.
Abdul-Razzaq al-Abaiji, an economist, who praised the bank's decision to fix the exchange rate at 1272 dinars per dollar told VOI, "the fixed exchange rate has encouraged traders to make more bids in today's session."
The Iraqi Central Bank runs a daily auction from Sunday to Thursday.

Iraq-Currency :: Aswat al Iraq :: Aswat al Iraq

When they say "TRADERS" , do they mean the banks are the "traders"? How about the established private Currency Exchangers ( Dealers)? Do they have access to these currency auctions? Or they go through the other banks?...

Cause as far as I knew, the Central Bank works with banks only.

Now, if you look at the highlighted parts, they say that none of the banks offered to sell dollar, but then the traders made more bids...

I am confused...

Originally Posted by wellwishes

I really appreciate you giving us this info. Especially under the current climate. I believe you are the 4th person among the various forums to pass on similar info, from different sources...Let's hope it pans out. We will know soon enough.

4th person....? Let's see, I heard there was 5...who is the 5th...I wonder, I wonder....



(Just kidding...geeeeze! Thanks for all the info...)

danny, you said the tenth . so what next, the eleventh, or what?

revdan

right now i would be happen with any price LETS GET THIS SHOW GOING

I will never understand in my life time, why people feel the need to use certain words and tones towards each other. If you have love in your heart, how can you do this; whether others are right or wrong? There is a right way and wrong way to communicate. Whatever you need to say to each other, say it, but with respect. Respect is a powerful word Thank you.

Hey Now...
I think some need to take a breath and enjoy the ride it'll be over soon.
We need to enjoy life it's short enough......
Soon we will be richer than our wildest Dreams,this brass ring only comes around once..... Enjoy the Ride...
Let's go RV..................