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  1. #11
    Senior Member PlatanoKing's Avatar
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    From RollsRoyce:

    "Rate: All along I have been as confident as possible that it would be between .93 & .98 Euro, . . . or the equiv. US$, / or the basket . . . but he still maintains this US$3.45 figure . . . only time will tell . . ."

    Once again thanks RR for all you do....



    http://www.rolclub.com/rumors-predic...g-w-o-o-l.html


    Quote Originally Posted by HyiperOne View Post
    In the price exchange rate at CBI website they put SDR to there rates, I am not sure if it was there before, I just saw it today??

    See at:
    Exchange Rates
    Freedom isn't knowing your limits, but realizing you have none.

  2. #12
    Member MrFnHappy's Avatar
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    Articles of Agreement of the International Monetary Fund
    Schedule C - Par Values
    1. The Fund shall notify members that par values may be established for the purposes of this Agreement, in accordance with Article IV, Sections 1, 3, 4, and 5 and this Schedule, in terms of the special drawing right, or in terms of such other common denominator as is prescribed by the Fund. The common denominator shall not be gold or a currency.

  3. #13
    Senior Member cashNsoon's Avatar
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    Quote Originally Posted by DinarDevildog View Post
    awesome news RR, thanks keep it coming
    Triple D........I like your car, but how many times do I have to tell you

    Stop parking in front of my house
    Enjoying the thoughts of early retirement

  4. #14
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    Thank you RR. Keep us posted, please.

  5. #15
    Investor H2O_Lover's Avatar
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    Quote Originally Posted by MrFnHappy View Post
    Articles of Agreement of the International Monetary Fund
    Schedule C - Par Values
    1. The Fund shall notify members that par values may be established for the purposes of this Agreement, in accordance with Article IV, Sections 1, 3, 4, and 5 and this Schedule, in terms of the special drawing right, or in terms of such other common denominator as is prescribed by the Fund. The common denominator shall not be gold or a currency.
    I just woke Joel ...... could you or anyone else help me with this ? as in break it down so a sleepy duck could understand ??

    Is it just stating they will have to be able to convert dinar to sdr ? If so they always could correct ?
    Last edited by H2O_Lover; 03-06-2007 at 03:41 PM.
    Oh the drama....

  6. #16
    Investor H2O_Lover's Avatar
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    Currency
    Currency Code
    Selling Price In IQD
    Buying Price In IQD

    US Dollar
    USD
    1260.000
    1258.000

    European Euro
    EUR
    1693.440
    1692.593

    British Pound
    GBP
    2495.304
    2494.056

    Canadian Dollar
    CAD
    1188.455
    1187.861

    Swiss Franc
    CHF
    1024.474
    1023.961

    Swedish Krona
    SEK
    181.837
    181.746

    Norwegian Kroner
    NOK
    209.118
    209.014

    Danish Krone
    DKK
    227.412
    227.298

    Japanese Yen
    JPY
    10.319
    10.314

    Special Drawing Rights
    SDR
    1905.536
    1904.583
    Oh the drama....

  7. #17
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    Can someone pls share the excitement that surrounds this thread as I really don't get it...(as with most things in life)...? Thank you....well in advance...

  8. #18
    Senior Member Bubba Dinar's Avatar
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    Quote Originally Posted by H2O_Lover View Post
    I just woke Joel ...... could you or anyone else help me with this ? as in break it down so a sleepy duck could understand ??

    Is it just stating they will have to be able to convert dinar to sdr ? If so they always could correct ?
    SDR's have been listed on xe.com for a long time... The listing on the CBI site doesn't mean anything//

  9. #19
    Investor H2O_Lover's Avatar
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    Quote Originally Posted by Bubba Dinar View Post
    SDR's have been listed on xe.com for a long time... The listing on the CBI site doesn't mean anything//

    only thing that matters in my world is the CBI not xe.com for sure. Does this mean anything i an not sure but it is new

    it is something or it would not be there. could have have a something to do with the RV my guess is no not directly but maybe indirectly.

    many of a small very small group of people thought that pegging to the SDR had it's merits well over a year ago. It was not a rumor just good old fashinon thought process. guess if the pegged to the SDR it would make this a direct link to the RV. Anyway the SDR basket i think just might be the most stable and the best bet. I know i would be be picking the SDR

    Just looking for posts to why its there

    I have put you ( doesnt mean anything ) down as one possiblity

    thanks for your thoughts

    Last edited by H2O_Lover; 03-06-2007 at 04:17 PM.
    Oh the drama....

  10. #20
    Member MrFnHappy's Avatar
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    Quote Originally Posted by H2O_Lover View Post
    I just woke Joel ...... could you or anyone else help me with this ? as in break it down so a sleepy duck could understand ??

    Is it just stating they will have to be able to convert dinar to sdr ? If so they always could correct ?
    I find the timing of the CBI adding the SDR rate curious. We know they were to have an Art IV meeting in mid-May, and Art IV is about exchange rate/par value. Does it mean anything?.....sure makes me go hmmmm.

    Articles of Agreement: Article IV: Obligations Regarding Exchange Arrangements

    Articles of Agreement: Schedule C - Par Values

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