Thread: Iraq/Dinar News. Before Feb. 21, 2007

Originally Posted by rvalreadydang

SORRY IF POSTED, BUT I GOT SO EXCITED I COULDN'T CHECK FIRST, LOL

الأسواقTo enhance the value of the dinar is chaos in the markets
""
ي.Economic circles criticized the Iraqi case and less chaos Pak, which dominate the market. due to the decline in the dollar exchange rate against the Iraqi dinar. j. فيما ة.With the traders to refrain from dealing with the dollar they prefer to calculate their goods and wares of dinars of high price that was in place before the fall price exchange rate to what it is right now for fear of their Khasa Er. and citizens wonder about the feasibility of a monetary policy the new adopted by the Central Bank of Iraq view to enhance the value of the Iraqi dinar and strengthen the exchange rate front the dollar, if faded mechanism which obliges dealers in Her Seoul s local currency exchange rate mechanism, without any arguments driving some of the merchants and vendors, a for those who have the habit of bargaining citizen in determining the price of goods e and goods, according to achieve the desire of the seller. He noted citizens n that the drop in the dollar exchange rate in the circulation market did not take the required range in the buying and selling, and as it seeks monetary and financial institutions e. .As they must coincide procedures in this area with other measures designed to curb any attempts to circumvent possible changes in the dinar exchange rate change pw of high against the dollar. ولفت trader electrical appliances in the Karadah ( Central Baghdad), Hisham Abdel Wahab out that the retreat in the exchange rate of about $ 1290 dinars paid to the calculation of the rate Bad Ath either lift the price of "dollar" or increase the price of Ba the Iraqi dinar. ".He added that he expected the purchase price of the new new to avoid any loss that might be attached thereto. He said Mohamed Zaki (m Employ), "was supposed to coincide procedures Central Bank Iraqi efforts to improve the status of Iraq's dinar j and increase its rate of exchange with measures to support attempts to prevent a for buyers and traders from the exploitation of these procedures to increase a Rbaham. " وسأل .He asked about "the feasibility of the policy of the Central Bank amid chaos dominating the Iraqi market, inflammatory and prices for commodities and goods, especially that only some went to the wrong calculation of the prices of many commodities, cards such as a cell phone prior payment and commodities manipulation many supplied in the form is not based on economic logic. " AIPAC Economists eroded to the possibility of chaos, in the event there has been a substantial change in the dollar exchange rate, due to the absence of legal accountability for any delinquency - Malu P by merchants and vendors, what requires work diligently and quickly to curb such delinquency in the event of occurrence. واعتبرئة.Experts regarded the confusion in the market Ar jackets led in many cases to problems in the circulation of a for goods resulting from differences in the determination of prices of goods and Elbe lost, after the exchange rate of the dollar against the Iraqi dinar at over 15%.

WOW, sounds good because of the mention of the rate changing, but the part in red, has me a little confused, well the title in general had me confused, what sort of chaos?
جريدة المواطن العراقية

""QUOTE; f faded mechanism which obliges dealers in Her Seoul s local currency exchange rate mechanism, without any arguments driving some of the merchants and vendors, a for those who have the habit of bargaining citizen in determining the price of goods e and goods, according to achieve the desire of the seller. ""

THIS TELLS ME MERCHANTS AND VENDORS CAN NO LONG BARGAIN WITH PEOPLE - RV VALUE WILL SET THE RATE OF GOODS!!!!!!!!!!!! NO MORE 15,000 DINARS FOR SHOES AND PEOPLE BARGAINING VENDORS OFF THAT 15,000 DINAR SHOES. !!!! RV DINAR RATE STOPS ALLLLLLLL BARGAINING IN THE MARKETS LIKE IRAQI'S HAVE HAD TO DO TO GET BY!!!!!!

United Nations : government policies impoverish third Iraqis
Three Mfajkhat penetrate the security plan required of Baghdad and the Hashemite Washington classification Mahdi Army terrorist group.

Amman Saad Abbas
Baghdad Ali Khalil
The United Nations said yesterday that one third of Iraqis p Ddam 27 million (ie nine million Iraqis) suffering from Alafqa R.. According to a study prepared by the United Nations Alanma Ivanov, the Ministry of Planning and Development Cooperation of Iraq and the results were published during a press conference held in Amman that "S Tnada to the average income in the 1970s and the Octogenarian AT the third Iraqi people live in poverty, while live poultry seh% in extreme poverty. " She accused the study, which was launched by the road deprivation M. Stoyat living in Iraq, government policies pain followed in Iraq, which seeks to transform the economy of this country the free market causing aggravation of the living conditions here k.
According to the study, "the policy to convert only Iraqi Bolivia to the free market by raising support and lairs State exacerbated levels of deprivation.
On the other hand, broke three car bomb security plan Asm e in the Sadr City and New Baghdad and led to the deaths of 74 and injuring 105. At the time of Lieutenant Colonel Scott Blikoppel : The American and Iraqi forces had made progress since b Dou implementation of this plan, which aims to secure the stability of the in the Iraqi capital, American forces announced on m two of the soldiers killed since the start of a huge security in Begg Dade.
Iraq announced the re-opening of land borders with Iran Su Rea shut them down after that since the implementation of the security plan of Baghdad. With Iran denied the existence of Muqtada al-Sadr on its territory, Meanwhile, Tariq Al-Hashmi called Iraqi Vice President M. n the United States to classify the Mahdi Army that great Eh terrorist. Hashemi said that what is expected from the American administration in order to avoid double standards to classify the Mahdi Army, other militias that have worked under its banner as a combination AT terrorist and international standards to be applied against them. The Ministry of Defense said the Mahdi Army largest T. Hedid of Iraq. Stay away and the Mahdi Army appearing armed in the streets of y start of the security in Baghdad at the hands of the matter Eker and Iraq. The Hashemite American Administration for the issuance of this% pw Neve so that it could be pursuing the leaders of these groups . Mahdi Army and bears responsibility for the assassination and kidnapping of thousands of Alar bulwarks. He said Paolo Lembo Administrator of the United Nations now water that Iraq, which God blessed him large quantities m n natural resources and the best quality of human resources Yeh, led by humans to its collapse. " He added that what Lembo pw ??? now in Iraq is a tragedy of the man. " He called on the international community and Iraqi neighboring states that with Iraq join efforts to rebuild infrastructure Walt Hater in this country. " The goal now is to restore the mother Kanat true of this country not only for the interests of Iraq Yin living in Iraq, but for the entire world . " He added, we have a moral and political responsibility that is what is happening Iraq is also our responsibility. "
He believed that the study of Ipmo come to address the idea of poverty me o only the income and economic indicators, but also in regard to access to multiple services Ka for education, health and housing. For his part, The Mahdi Ilaq official in the Central Ahsa purchase of information technology and of the Ministry of Planning Iraqi and development cooperation, the results of the study six helped in the identification of financial development projects. " Luke change the study that major reconstruction efforts. purposeful e to secure basic services to the population must precede Walt around the central administration to a free-market economy. " For his part, Papan stressed by the Minister of Planning and Development Cooperation of Iraqis in a speech read on his behalf by Deputy Fayek Abdel Waller Seoul revealed the fact that the report is very important not to Match a resolution of Iraq's economic condoned in any u each of the forms is that deprivation is becoming a vast P j Iraqi society and the endemic disease rarely spared from the snap regions of Iraq. " He pointed out that the figures (which cl t in the report) are clear examples of what can be clues political conditions and unfavorable conditions Alastthen Landespolizei of a country to its economic conditions. " He added that Papan decades of wars and dictatorship Wa for internal conflicts transformed a rich country with all standards sparkle graduating indispensable for the country faces economic fellow various synonymous P deprivation and suffering. " He pointed out that the image of Iraq a the day is evidence does not accept the argument of what can be done brother I. politicians and the riches of the United expectation of the outcome catastrophically e Bqiadt that afflict their people not qualified. " However, the Iraqi minister did not hide his optimism about the possibility of a solution all those problems, He stressed that "Iraq is rich in energy resources and wealth Alma Eh, agricultural and Division creative and solve this three quarters the problems of development. "
He added that what we see today is part of the phenomena of the pain political played. The new Iraq must be born. "
The proportion between the suffering provide basic services such as electricity and water followed by the material situation of breadwinner then T. housing conditions for the Iraqis.
The study said that there is a great difference in the level of pain living in parts of Iraq where the southern region suffers one of the most prominent signs of deprivation followed by the central region and then north.
It added that the rural areas suffer from deprivation rates e over three times from the cities where the areas of Baghdad the best areas in Iraq.
They criticized the policies that apply to the transformation of the economy pw of high for a free-market economy, saying that it increased the level of a to deny.
He said that Blikoel forces carried out about 20 thousand or patrol faith said that since the implementation of the plan Wednesday Almad j decline in the number of attacks in all parts of Iraq. "
But the American official did not mention the number of attacks recorded e, which occurred and was careful not to raise
The ceiling of expectations, suggesting the possibility that the second plan Might j urgently aim is to stop the sectarian violence in Aas - à-vis Iraq.

azzaman

Originally Posted by CharmedPiper

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The 4960 date February 14, 2007

Fearless capital investments in the area but not bruises Iraqi

Star miles

Consciously and fully aware of the importance of development in the lives of people. Iraq opens the door to new capital Arabi e and foreign.
Amer areas of Iraq and the considerable investment in various G7 machinery industry, agriculture, trade, mining and useless i ... While the rich and Iraq opens its door to capital. He also believes it appropriate climate for investment, which also allowed to return to where it came from. With the able pounds and Friday from dividends and interest Wye a kind of currency intervention by the capital. The doors are open to them. According to the testimony of one bank banks are allowed to Ba to deal in foreign currencies, Only then will be allowed to leave the same value with the addition of Ness by certain of the capital after tax and by Kan Wen investment especially in the area of national industry and Tfai the activities of local manufacturing industries to build bumpy s advanced industrial, The Iraqi law allows for companies and individuals Alag Anbe enjoy banking facilities. Within the limits of their "encouraging group in the Occupied Iraq Yeh and facilities in the account overdraft and discount bills and loans and advances of the Documentary Credits open and advances to the subject goods or gathering Tan Dr. government after restrictions by customs agents exporters P. Provided that these goods are imported through the opening Ala Tmadat.
Any advances granted for the payment of credits from the date of Ts William shipping documents to the consignee until a delivery of the goods customer me.

The Iraqi law does not allow for this Altshi Latt banking companies or individuals only after they enter the capital to Iraq already According to several evil Cat determined by the same law, including :
* Registration of foreign affiliates and identify capital P j registration official quarters whether the company contribution or limited.
* To ensure the entry of foreign capital, people and p n through the issuance of a certificate from the bank transferred amounts Boise Tte supported by the conversion of the space in a bank the central.

* Treats capital shareholders Arabs capital in the Companies Act, which applies to the Iraqi S44 n industrial development. Presents asked each company, institution or person other than the Iraqi Alpes Nick Central for special exceptions. These exceptions apply to foreigners who Imarso n Iraq pursuant to a term of not less than (three years or five o tsunamis), for instance. This is what the law specifies.

* There are several cases of exception to the provisions also Kalcher kat solidarity and companies involved if personal T. responsibility of the company-specific exemption provided that each of p Dou members resident in Iraq and a work which told extended law. (From three years to seven years) and after that the bank pain Iraqi Rkzi this exception.

The last question : what is the definition of the foreign company? laws which would be answered pw perfect. As a company registered in Iraq, which is most foreign capital.

The Iraqi economy has always welcomes and encourages the development Industrial This is reflected in the development of industrial projects, Lela Or 1964.

It gave the amended law more opportunities before domestic and foreign investments in industries pw perfect. And various exemptions granted to enable them to fidelity automatic need the Iraqi economy and its products wholly or partly .

Law and the development of industrial projects, which should be the most pressing stack (activated) regulates all aspects of these exemptions in accordance Ela de conditions. The completion of the most important stages in the project by the President a for machines and equipment necessary, and to use Iraqi workers and employees Yen.

The field of industrial investments, allowing extensive opportunities t the enjoyment of the various exemptions such as forgiving full detriment Eph income from the profits do not exceed the percentage determined by a for the year of the paid-up capital of the project and its duration specific. This is not all the exemptions as flexible Alaghtasse Ed Iraqi allow more other exemptions.

The Iraqi government ... Based on the laws, economy, industry, Walt the neighbor. Therefore, the promotion of industrial development in the new Iraq require the attention of the relevant activities activation mechanism Oth Ded controls performance as is the investment law Ar new Christians. Therefore, we set this option to specialists m intellectual Economy, Finance and Trade to a more the tender for the implementation of this law in spite of the Alaud ray unstable surrounding Iraq. , Which requires a revision of this phenomenon in the rest of Street Iraqi face marginal by the government whether the hike actually wanted Iraq to high development and being saws herewith rapidly established so that Iraq within group of developing towards development and progress.

And the new Iraq. Already looking forward to the capital and conventions Alaghtasse Wade and loans. , Which provides him or her with the outside.
The financial laws in Iraq, peace and civilization enjoy complete flexibility. Provide the proper climate for capital investment of foreign loans. And harnessed in the frameworks of economic development. So which the abundance of new Iraqi investment law.

quote: With the able pounds and Friday from dividends and interest Wye a kind of currency intervention by the capital. The doors are open to them. According to the testimony of one bank banks are allowed to Ba to deal in foreign currencies, THEY HAVE TO RV BEFORE THIS CAN HAPPEN!!!!!!

Quote: Which requires a revision of this phenomenon in the rest of Street Iraqi face marginal by the government whether the hike actually wanted Iraq to high development and being saws herewith rapidly established so that Iraq within group of developing towards development and progress. "BEING SAWS HEREWITH """""RAPIDLY ESTABLISHED"""""" MEANS TO ME - RV!!!!!

Currency Conversion Results
18.3.07 dd/mm/yy

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I have never seen this before.. There have always been conversion results prior to checking them just now!!! I hope this ride is coming to an end for all of us!!

sorry if this is a repost....


From The Sunday TimesFebruary 18, 2007

‘Security forces’ rob Baghdad academicsHala Jaber and Ali Rifaat
WHEN Iraqi soldiers and police smashed their way into Mohammed al-Jabouri’s home on the first day of Baghdad’s latest security crackdown last week, he did not imagine they would steal the family’s life savings.

The security forces separated the men from the women and then ordered Jabouri’s wife to give them a suitcase filled with jewellery and £20,000 in cash. When she argued they threatened to shoot her. Then they destroyed the furniture and broke the windows of the cars in the garage.

“The same militiamen who used to raid our areas in the past are now conducting the security crackdown, using this as a chance to attack us further,” Jabouri said.

Later the same night, security forces raided a compound containing the homes of 110 university professors and their families. Professor Hameed al-Aathami described what happened: “They dragged us out of our beds as we slept with our wives and children, took us outside, bound our hands and blindfolded us. They beat, cursed and insulted us.”

Dr Salah Bidayat, the dean of the school of law, fired two shots from his licensed gun in the air to get the soldiers’ attention. “They caught him, lay him on the ground and proceeded to beat, kick and curse him in the most aggressive manner and when he explained we were teachers and professors they told him you are all a bunch of asses and terrorists,” Aathami said.

“They gathered all the men in the centre of the compound and proceeded to their homes, where they broke furniture, stole money, mobile telephones and jewellery as we sat outside listening to our women and children scream and cry,” he said.

“It was very hard for us to go through this. This is the security crackdown they have been bragging about. There is no such thing as a security plan; it is all an attempt to rid the country of the few remaining educated and decent people,” said Aathami, who is planning to leave Iraq as soon as he can.

Baghdad’s latest security offensive was intended to regain neighbourhoods from Shi’ite militiamen and Sunni insurgents. Many believe the advance publicity surrounding the crackdown allowed many militiamen to escape.

American and Iraqi military yesterday reported a drop in violence in Baghdad since the start of the security offensive. They attributed the success to increased troop presence but also to a decision by Sunni and Shi’ite militants to lie low. Sources close to Moqtada al-Sadr, the leader of the Iranian-backed Mahdi Army, confirmed that he had fled Iraq for Iran at dawn on February 8 with 27 senior aides.

‘Security forces’ rob Baghdad academics-News-World-Middle East-TimesOnline

Originally Posted by *CLEO*

Currency Conversion Results
18.3.07 dd/mm/yy

Convert amount with rate as of
Iraqi Dinar.IQD
To
US Dollar.USD
FXConverter - Currency Converter for 164 Currencies164 Currency Converter © 1997-2007 by OANDA.com.

Currency Converter


I have never seen this before.. There have always been conversion results prior to checking them just now!!! I hope this ride is coming to an end for all of us!!

check out the date 18-03-07

Currency Conversion Results
18.3.07 dd/mm/yy

Convert amount with rate as of
Iraqi Dinar.IQD
To
US Dollar.USD
FXConverter - Currency Converter for 164 Currencies164 Currency Converter © 1997-2007 by OANDA.com.

When I open the WEB page it doesn't have todays date?

When I type it in the results are as follows:

Sunday, February 18, 2007

1 Iraqi Dinar = 0.0008172 US Dollar
1 US Dollar (USD) = 1223.70 Iraqi Dinar (IQD)

Learn about the new Iraqi Dinar
Median price = 0.0007432 / 0.0008172 (bid/ask)
Minimum price = 0.0007432 / 0.0008172
Maximum price = 0.0007434 / 0.0008174

FXTrade: Online Currency Trading with OANDA FXTrade.

FXConverter - Currency Converter for 164 Currencies164 Currency Converter © 1997-2007 by OANDA.com.

TNT

Getting a little jittery with all the recent news!!!!!!!!!

TNT

BBC NEWS
Iraqis take Basra security lead
Iraqi soldiers are taking the lead on patrols in Basra
Blair on Iraq:
Tony Blair has said the operation to allow Iraqis to take the lead in frontline security in Basra had been "completed" and "successful".

Asked about reports he would announce cuts to UK troops in Iraq, he told the BBC's Sunday AM: "Let's wait and see."

The operation was intended to put Iraqi forces in "the main frontline control of security within the city", he said.

UK troops are still heavily involved in Basra but increasingly in a supporting role, with Iraqis taking the lead.

It's actually been successful as an operation and as a result of that there's reconstruction that's come in behind it and we've been able to make real progress
Tony Blair

The idea had always been to scale down UK troop numbers as Iraqis "scaled up" their capabilities in terms of security and policing, he said.

Foreign Secretary Margaret Beckett told MPs last month that the prime minister would make a statement to the House of Commons when the operation was completed.

During that Commons debate on Iraq she said the operation was going well, but did not put any timescale on its conclusion beyond saying this "spring".

Progress

Defence sources have said the plan was to hand over frontline security to Iraqi forces and then withdraw UK forces to a base outside Basra.

There has been speculation their numbers could be as much as halved, although Mrs Beckett said it would be up to military chiefs to decide how many would be needed to be kept to support the Iraqi forces.

The Iraqi forces will be taking on these extremists for a long time to come but on the other hand there is real progress and we don't want to get in the way of that progress
Tony Blair

And Mr Blair urged caution over Sunday newspaper reports that UK troop numbers in Iraq could be halved.

But he said: "It is absolutely true, as we have said for months, that as the Iraqis are more capable down in Basra of taking control of their own security we will scale down.

"But you've got to make sure you have sufficient forces in support and in reserve to be able to help the Iraqis if a particular problem arises."

He added: "The issue is the operation that we have been conducting in Basra is now complete and that operation has specifically been to put the Iraqi forces in the main frontline control of security within the city.

"It's actually been successful as an operation and as a result of that there's reconstruction that's come in behind it and we've been able to make real progress."

Progress

Asked if the Americans, who are sending in extra troops, were "entirely happy" with the UK's plans, Mr Blair said they were.

He said the situation was different in the two different areas, with no Sunni insurgency or al-Qaeda suicide attacks in the Basra area.

He also said sectarian violence in Basra had fallen "enormously", and the number of murders had fallen to 30 in December.

He added: "As we go through the city and we are able to put in reconstruction money and development money there's a lot of change going on there.

"It will still be a tough thing to do and the Iraqi forces will be taking on these extremists for a long time to come but on the other hand there is real progress and we don't want to get in the way of that progress."

Deliberate

During the interview the prime minister rejected suggestions he should bear responsibility for ongoing violence in Iraq, although he said he felt a "deep sense of responsibility" for bringing it to an end.

He said sectarian tensions and violence were not created by "some planning error" by the coalition.

"Of course I am devastated by the numbers of people who have died in Iraq, but it's not British and American troops that are killing them.

"They are being killed by people who are deliberately using terrorism to try to stop the country getting on its feet.

"It's not a question of being culpable. I feel a deep sense of responsibility for putting the situation right."

Story from BBC NEWS:
BBC NEWS | UK | UK Politics | Iraqis take Basra security lead

Published: 2007/02/18 14:43:49 GMT

Not sure where I should post this question...

So - Here I am in the Central time zone. Bagdad, if I am correct,is 9 hours ahead of us.
Is there a set time that they have the auction? If so, what time do they normally post the results?

Since when we go to cash in our Dinars it must first be the CBI that posts the new rate - how late/early to I need to stay up/get up to view the results of the auction.

Your knowledge is deeply appreciated

JD