Zig’s Place Chatroom News Sunday Night 5-8-22

Zig’s Place Chatroom News Sunday Night 5-8-22

Zig: Welcome to Zig's Place, a chat room for dinar speculators and others....discuss any topic that you wish

Butterfly   SULAIMANI — The US dollar to Iraqi dinar exchange rates was stable in the Kurdistan Region’s markets on Sunday (May 8).

$100 was at 147,800 Iraqi dinars, 150 IQD higher than the previous day.

100 British pounds was at 184,000 Iraqi dinars, and 100 euros was at 158,000 IQD Iraqi dinars.

butterfly   SULAIMANI — Crude oil prices were stable on Sunday (May 8) compared to the previous day.

The price of Brent crude was stable at $112.4, and the price of WTI crude was at $109.8.

butterfly   Some parties bought off lawmakers for two million dollars, official says .... https://shafaq.com/en/Iraq-News/Some-parties-bought-off-lawmakers-for-two-million-dollars-official-says

butterfly   2022-05-08 06:54   Shafaq News/ The Central Bank of Iraq (CBI) auctioned more than $191 million in foreign currency (forex) today, Sunday.

Shafaq News Agency correspondent said that the CBI foreign currency sales in today's auction amounted to $191,771,630. The transactions were made at a weighted average of 1460 dinars to one dollar.

Our correspondent explained that 13 banks and 138 exchange companies cashed out $19.500 million. The remaining $172,271,630 went to boost funds abroad in the form of credit and non-cash transactions, with 29 banks meeting those requests.

butterfly   The Union of Arab Banks discusses the repercussions of the international crisis ... The Union of Arab Banks will hold a conference under the title “The Repercussions of the International Crisis and Its Impact on the Economic Conditions in the Arab Region” on the eighteenth and nineteenth of this month in Cairo, with the participation of a group of high-level Arab and international banking leaders.

The Secretary-General of the Union of Arab Banks, Wissam Fattouh, said in a statement today: "The conference will discuss the repercussions of the current international crisis and its impact on the economic conditions in the Arab region, and the challenges and risks facing economic security in light of the international geopolitical crisis and its impact on Arab food security, in addition to the repercussions of prices Global oil and gas, the interaction of Arab financial markets with the crisis, and the prospects for remittances.

He pointed out: "The conference will discuss the opportunities available for Arab banking investment in alternative energy, the interaction of Arab financial markets with the crisis, the prospects for remittances, and the role of the private sector in combating climate change."

Dave   butterfly MPs bought off for only 2 million dollars...those independents should of held out longer....Maliki has a huge wallet......Great perks packages available or those MPs.....

butterfly  Dave It doesn't matter what country, the billionaires are always the ones tell everyone else they do...follow their demands so more like it. These billionaires don't help the ones they want to follow their demands, they just collect more moola. We just went through that here in the US.

butterfly   This is worth reposting dated June12, 2021: Central Bank Warns Against Speculation in Iraqi Dinar ....... The Central Bank of Iraq (CBI) has confirmed its commitment to a stable foreign exchange rate for the Iraqi dinar.    According to a statement from the bank, "the dollar exchange rate is fixed and there are no intentions to change."   It added that the rate chosen at the end of 2020 was "based on in-depth studies of the requirements of the economic and financial situation and the objectives of monetary policy."

The CBI also cautioned that "statements related to the exchange rate are promoted for speculators to benefit from."   (Source: CBI)

Zig   So we are wasting our time

Dave   Zig where have you been fer the decade or more????

butterfly  Zig Nope bc I find it not true

Zig   butterfly : Okay

butterfly  Basel III and Basel 4 ISO 200022

butterfly   Banks are already changing

Dave   butterfly Iraq yet a full member of the IMF......

Dave  observer status only....

butterfly   I don't know if Iraq is one of them holding out.

butterfly   That big curtain

Dave  Holding out.....CBI not ready to sustain nodda

butterfly   I don't know, all I was told was two more had to conform.

butterfly   That article was written almost a year ago.....so that tells me this has been in the works for almost a year now.

Dave   CBI has yet to go Global with its currency

Dave   recollect Basel 3....should have happened then too

butterfly  Basel 4 is the hold up from my uderstanding

Dave   Guru chatter.....

butterfly   All have conformed to Basel 3, but two holding out on Basel 4. I wished I knew who those two are.

butterfly  No guru chatter.

Dave   butterfly Basel 3 about 3-4 yrs now......

butterfly   The information I get is NOT from a guru, this person doesn't even own any dinar.

Dave   information?????

butterfly   There is going to be big change in the banking system as it has been in the works for sometime now.

Dave   Heard that fer yrs....still Nodda

Zig   butterfly : But a big change in the banking system does not mean the Dinar will increase in value as we are looking for......

butterfly   Remember me tell you about my friend's daughter was ask to help on foreign language speak to help other countries to go digital. That was sometime she helped out.

butterfly   Zig how do you know that? I don't but it is in the works.

Dave   Digital......I have that card so do a few Iraqis

Zig   butterfly : I know nothing....lol....just thinking.....

butterfly   Zig I know. It is frustrating not knowing what is going on behind that ** big curtain.

Butterfly   I could set back and not post anything what I have found, or even share a bloody thing, but I will say this again, hang in there, keep smiling, don't let the negativity get you down. Always think positive.

Dave   Wish Iraq gave me something to be hopeful about

Butterfly   WOW I got a text and an excellent email with an update, but sorry all you naysayers, I will not post it on here.

Dave   butterfly you sign that NDA?

butterfly   All I will say is.........keep smiling.

Butterfly   Dave I keep telling you and others......there is NO DNA. Period. That is guru BS.

Sheila   butterfly good onya... saying, not saying, tells me it's good news

butterfly   sheila absolutely

Dave   Iraq RVs...should be on CNN even Fox.....

Dave   at 3.26.......

butterfly   3.61 would be better Dave lol

Dave   going Glabal at a nickle would still make HEADLINES

Dave   Zim in the same basket with IQD.......?

Sheila  Dave Zim - hopefully

Dave  after deleting 12 zeros

Sheila   Dave also hoping for Bolivar to be in basket

Sheila   Dave repeatedly hearing 6 zeros

butterfly  OMG....that SC leak has put men and women on alert to what is happening. This made me chuckle a bit, but sad at the same time: Are we still calling it Mother's Day or is it now just Domestic Infant Supplier Day?

Dave   sheila   :Proof:

Dave   from WHOM????

Sheila   Dave hearing rumtel just like you

Dave   ZIM Central Bank?

butterfly  I guess one ZIM will set a person up for a lifetime.

Butterfly   I never got into the ZIM.

Sheila   butterfly that would be wonderful

Dave   sheila yeah all news FAKE/HOAX......l..

sheila   butterfly bought it on a whim about 7 years ago

butterfly   sheila My VN friend told me years ago to buy one, but I decided not to. I have enough dinar, but he said just a small rv on the Zim will blow people's minds.

Dave   Elvis is Alive and well

Sheila   butterfly bought it when gurus were telling everyone there was nothing to it. Then I read article about China buying about 45% of mining industries in Zimbabwe. Know China buys for short and long term wealth.

Sheila   butterfly don't have much Dinar

Zig   I have been thinking about running a contest in here....I would give clues as to where in the world I have hidden my Dinar....only "active" members would be eligible to win the prize which would be 500, 000 Dinar...the catch: the prize would only be given out if//when the Dinar would be worth 25 cents or more.....

butterfly   Zig wait, hold the bus, now that is taken right out of PTR's book. Right? I remember Dan giving away dinar.

Zig   LOL....No No No!!!....I do not charge a fee to be a member here!!!!!!!

butterfly   Zig Well ya, but I suggest you hang on to your dinar.

Zig  I would not mind giving away 500, 000 if the rate were to hit 25 cents as I have plenty....

Zig   Just thinking at this time

Dave   offered Shelia a shiny new Rolex Zig

Zig   Dave : Cheapskate!!....I offered her a car.....lol

Dave   Zig not a whale like you i suppose

Zig   Dave : Nah....maybe a shark....lol

Zig   butterfly : I remember Dan "only" giving away a 25K note at times to some callers....

Zig  But Dan has become filthy rich from his member monthly fees over the years

Sheila   Dave Would take it in a heart beat

Sheila   Zig would take the car, too. lol

Butterfly   2022-05-08 10:41  Shafaq News/ The U.S. dollar (USD) exchange transactions against the Iraqi dinar (IQD) closed at a higher rate in the markets of the Iraqi capital, Baghdad, today, Sunday.

Shafaq News Agency correspondent said that the USD closed at a rate of 147800 IQD to 100 in al-Kifah and al-Harithiya Central Exchanges.

The buying and selling rates of the USD in Baghdad's local markets stood at 148250 and 147250 IQD for every 100, respectively.

Dave   sheila Have another RV date in mind,...? Rolex offer could be reopened

Sah   I always seem to miss the crowd so I can comment. I like butterfly also try to stay positive and also have been packing. I wish my currencies would revalue so when I move I could get a bigger house.

Zig   Sah : You can comment about anything at any time....most members go back and start reading from when they were last here so they will see all comments.....

Sah   I thought they would at least Iraq would revalue their currency to last years rate that they devalued in order to make salaries. They promised the people when the new government was seated that it would be the first thing on their list to do. Still no government seated. everything takes forever in that country to do anything.

Sah   I always read the past comments from last time I was here to catch up. This is a great place to catch up, but usually everyone is pretty much gone when I get in here. I have enjoyed the chat room.

 

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