Zig’s Place Chatroom News Late Wednesday Night 4-13-22
Zig’s Place Chatroom News Late Wednesday Night 4-13-22
Zig: Welcome to Zig's Place, a chat room for dinar speculators and others....discuss any topic that you wish
Butterfly IRAQI DINAR EXCHANGE RATES (APRIL 13) SULAIMANI — The US dollar to Iraqi dinar exchange rate was down in the Kurdistan Region’s markets on Wednesday (April 13).
$100 was at 147,750, 100 IQD lower than the previous day. 100 British pounds was at 192,000 Iraqi dinars, and 100 euros was at 160,000 IQD. https://nrttv.com/En/detail6/3122
butterfly CRUDE OIL PRICES (APRIL 13) SULAIMANI — Crude oil prices were up on Wednesday (April 13) compared to the previous day.
The price of Brent crude was at $104.3, up from $100.3 the previous day, and the price of WTI crude was at $100.2, up from $96.17. https://nrttv.com/En/detail6/3121
butterfly 2022-04-13 06:45 Shafaq News/ The Central Bank of Iraq (CBI) auctioned more than $200 million in foreign currency today, Wednesday.
Shafaq News Agency correspondent said that the CBI sales of foreign currency in today's auction reached $206,655,559. The transactions were made at a weighted average of 1460 dinars to one dollar.
Our correspondent explained that 22 banks and 259 exchange companies cashed out $48,350 million. The remaining $158,305,559 went to boost funds abroad in the form of credit and non-cash transactions, with 28 banks meeting those demands. https://shafaq.com/en/Economy/CBI-sells-200-million-in-the-currency-auction-on-Wednesday
butterfly 2022-04-13 05:06 Shafaq News/ The U.S. dollar (USD) exchange rates against the Iraqi dinar (IQD) registered a climb in the markets of Baghdad on Wednesday, but no change in Erbil.
Shafaq News Agency correspondent said that the Central al-Kifah and Al-Harithiya exchanges are trading the USD at a rate of 147800 IQD to 100.
Our correspondent said that the selling and buying rates of 100 USD in the local markets of the Iraqi capital stood at 148250 and 147250 IQD, respectively.
In the capital of the Kurdistan Region, Erbil, the selling and buying rates settled at 147900 and 147700 IQD to 100 USD. https://shafaq.com/en/Economy/USD-IQD-exchange-rates-inched-up-in-Baghdad-0-7
Dave https://search4dinar.wordpress.com/ ,,,,,,, wow only 1 article a day lately....which means no news is good news?
Sheila Dave yep, agree, no news is good news at this point
Sheila later
Sheila Latest, greatest -- Nicks Update, Wednesday, 04/13/2022 QFS has everything in place - https://nicksintel.wordpress.com/2022/04/13/04-13-2022-qfs-has-everything-in-place/
NORV sheila nonsense. lastest infor from Iraqi economists/symposiums is a LOP. Issue a new dinar
Dave with FILS!!!!
NORV Old dinar would be 1000 old dinar to 1 new dinar
Dave :Wheelbarrow:
NORV and the new dinar would be worth $.50 to the dollar. thats a LOP
Dave @NORV ,00006 to 50 cents...GREAT!!!
NORV https://www.pukmedia.com/AR/details/?Jimare=160032
NORV Dave nope ur confused..no increase. read what I said
NORV Old dinar 1000 to 1 new dinar
Dave HUMBUG!
NORV So what this means is the following:
If you own a million of the current Iraqi dinars you can exchange them for 1000 New Iraqi Dinar (timeframe to exchange them not given but may be limited).
1000 New Iraqi Dinars will have an exchange rate of about $500 (1 New Dinar is equal to .50 cents in article) US dollars initially.
The intent is to peg the New Dinar to a basket of other currencies (partial float) and allow it to rise based on investment and growth of the economy in Iraq. The New Iraqi Dinar value could eventually rise higher against the dollar thereafter.
They claim this New Dinar (without zeros) would be internationally recieved and accepted in transactions. Would reduce the money supply from trillions to billions, and would create excitement in Iraq to use the New Dinar and would reduce the usage of dollars in Iraq. The currency auctions would also end since the New Dinar is internationally traded/pegged to a basket and floating. Would also eliminate corruption from the auctions since they would end.
Dave YEAH.CBI states 2 currencies to run fer 10yrs...SAME VALUE
Dave THEY AINT CBI!!!
NORV Yup the old dinar and new dinar with a 1000 to 1 exchange and a $.50 to the dollar rate on the new dinar that is LOP Better hope they dont pass that law!
NORV You can also read it here.. https://www.iasj.net/iasj/article/216703
NORV implementation date 1/1/2023 to 1/31/2023
NORV sheila thats ok , Ill be here after they LOP to pick up the pieces. Lol :Flowers:
Dave @NORV PUK sets fiscal policies along with some economists now.....HA!
NORV Dave Nope the plan is posted here. PUK just reposted and showed the symposiums https://www.iasj.net/iasj/article/216703
NORV www.baytalhikma.iq/News_Details.php?ID=1467
Dave headed by CBI???? link wont translate @NORV ????
NORV Get a translator.
Dave :Proof:
NORV Not my job. You own dinar, figure out how to read it.
NORV I can simplify...LOP lol
Zig Hope not
NORV Well its a modified version of a LOP Since the current dinar is not internationally recognized and accepted, they will issue a new dinar and have a new rate after the exchange
Zig :Sob:
NORV The good news is the new dinar will have a variation of a float so it can rise - you might make 2x your money invested maybe even as much as 4x
NORV need to watch parliament and hope they do not pass the law to allow it later
Zig I'll wait for @GuruDave to reply further....lol good :Evening:
Dave @NORV give me a nickle......
Dave 1/14 of a cent now........1 cent be over 1400 % ROI
NORV Dave Dave you dont get it. Its not a RV it's a LOP. Your make little to no money.
NORV Its a 1000 current dinar to 1 new dinar exchange and the new dinar is worth $.50 ea.
NORV That's $500 per 1000 new dinars. lol You lose money at the current prices.
TWW sheila We had 3 men joined us today via teleconference from Monroe, LA. They had some new stuff they wanted to share. I will share at a later date. We need to vet.
Sheila TWW here now. sounds like party time.
Sheila TWW Dreamed about 82 million in my bank account by end of month. Is it real or is it Memorex?
TWW sheila hope that happens for you
Sheila TWW dream or premonition? time will tell us all.
TWW sheila I think so too
TWW The guys from Monroe says is a sassy lookin guy at McD often that whenever he hears us talkin abt dinars he goes off yes "there is no RV." :HaHaHa:
Sheila TWW jabber yabber do! lol lol
TWW (*yes) says
TWW sheila They said he looks scary
Sheila TWW understood phonetics. guessing since you are wordsmith, you are compelled to fix it. all good here. appreciate message over grammar.
Sheila TWW Maybe so, maybe no. either, either... this is going to happen regardless of those trying to hold back the avalanche.
TWW sheila Phonetics is easy & saves space & time. Better than shorthand...Im off to bed, my eyes r tired.
Sheila TWW sleep good. next fews gonna be doozies.
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