Iraqi Dinar RUMOR BOARD

[WayneC777]

ema - Info From Iraq (Warka)

The following is from a someone in Iraq at this time who opened an account at Warka bank.

This person spoke to the Warka rep in the bank himself to ask him about all of the "redenomination articles and removal of zero articles"

No suprise to me the man explained it to him the same way I have tried to explain it here to everyone on this board.

The removal of zeros is not a lop but the removal of the larger denominations, "the notes with the 3 zeros" and the new currency is just as I said...the lower denominations everyone has been looking for.

This is straight from an American in Iraq who has an account at Warka Bank who spoke face to face with his Warka Banker.

Here is his report from Iraq:
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Quote:

I promised I would be opening a Warka account here in the IZ and would report any news I could get.

I’m late, but I did open a savings here and
talked to the manager about the future of the dinar.

Although it’s often difficult to comprehend the true meanings of the words (language differences), I believe I have a “good” understanding of what we discussed!!

We talked about the dropping of zero’s from the currency. He see’s this as a good thing. I believe he’s saying that it is NOT the 25,000 notes, but the NEW currency (small denom’s), will not have zero’s and that ALL of the currency will be valued at the same exchange rate as it goes up or down.

25,000 will be 25,000 and the new 10 will be 10,.!! He also hopes Iraq will make these changes soon and seemed very excited about it!! I’ve been over here for almost 5 years and I work in the IZ!! I don’t use any other user name and I’ve been invested now for almost 5 years!! I don’t sell dinar and I’m not involved with anyone who does!!

To me,. this is VERY good news and I thought I would share!! Sorry it took so long!! I’m now convinced there will be no LOP,. and I now believe it will be a gradual growth,. but,. it will be well worth our wait!!

End Quote.
Disclaimer: Do not buy or sell any stock, currency or commodities
based upon this post or any of my post. Please do your own due diligence and the best of luck to all!~