Thread: Iraqi/Dinar news until March 1st, 2007

Originally Posted by Lucky13

If the Cabinet has approved the oil law, reading from yahoo,--

Iraqi Cabinet approves draft oil law - Yahoo! News

my question is when does parliament reconvene early next month?
Does anyone know the exact date they start back up???

I read somewhere a few days ago that they are back March 1st.,

Originally Posted by Lucky13

If the Cabinet has approved the oil law, reading from yahoo,--

Iraqi Cabinet approves draft oil law - Yahoo! News

my question is when does parliament reconvene early next month?
Does anyone know the exact date they start back up???

I'm not sure but, I think they will return on the 10th of March.

Originally Posted by DinarDevildog

مؤكداً على ان ميزانية 2007 تفترض سعر صرف عند 1260 دينارا مقابل الدولار مضيفا أن مجلس الوزراء سينا قش مشروع الميزانية على أمل رفعها الى البرلمان ال اسبوع المقبل.He emphasized that the 2007 budget assumes the exchange rate at 1260 Kuwaiti dinars to the dollar, adding that the cabinet Sena straw in the hope of the draft budget submitted to the Parliament next week.

This is my opion after sitting here and reading over this post about the dinar and trying to clear through all the smoke that they keep setting off. We have seen this post and the above comment numerous times and the talk of the 1260 rate and the kuwait dinar which some say was a miss-print which in my mind i dont see how you can make a misprint like that twice. everyone say's that the 1260 rate wont work, but if you convert the dollar to the kuwait rate you come up with 0.2891 and you divide that by the 1260 dinar rate that we keep seeing; you come up with the number of 2.294 which i think is a good number between the kuwait dinar and the iraq dinar. does anyone else have some insight if this maybe possible and is this one more smoke screan they keep putting out to confuse us all. what do you all think??

DinarDevilDog you get a great big HOOOAH and a SEMPER FIDELIS for this one. Good catch bro! I agree you don't make a misprint like that twice.

Originally Posted by PAn8tv

DinarDevilDog you get a great big HOOOAH and a SEMPER FIDELIS for this one. Good catch bro! I agree you don't make a misprint like that twice.

So what does this artical mean? Iraq wants to match Kuwaits currency rate?

Originally Posted by PaulieThaGreat

So what does this artical mean? Iraq wants to match Kuwaits currency rate?

They have said time and time again that they want to return their currency to the old level. Although it may not be this substantial initially I think this is just another clue in the good things to come

Originally Posted by PAn8tv

They have said time and time again that they want to return their currency to the old level. Although it may not be this substantial initially I think this is just another clue in the good things to come

See this is the type of stuff I will buy into..... Not those "R*M*RS" ......

Originally Posted by PAn8tv

They have said time and time again that they want to return their currency to the old level. Although it may not be this substantial initially I think this is just another clue in the good things to come

Does anyone have historical data on the Iraqi currency exchange rate back in the 1980's as they have always been mentioned it several times that they would want the 1980s rate?

Thank you.

Mtgrown

Originally Posted by PaulieThaGreat

See this is the type of stuff I will buy into..... Not those "R*M*RS" ......

In some respects they are one in the same. People that post from their sources, the info is coming out of Iraq

Originally Posted by mtgrown

Does anyone have historical data on the Iraqi currency exchange rate back in the 1980's as they have always been mentioned it several times that they would want the 1980s rate?

Thank you.

Mtgrown

Here is a chart.



History of Iraqi Dinar - Iraq Stock Dinar Exchange Rate

Okay, Ladies and Gents............a quick question. International currency rates float according what is called a "SDR" controlled by the IMF right? If this is in fact the case, if we find out what the SDR rate is it will allow us to better understand and support the Dinar Devil Dog theory. When purchasing foriegn currency, your conversion is done through a decimal rating for that day/hr? If Kuwait is 3.45 to 1 US but is coverted by .2891 there has to be a mathematical way to convert the dollar rate as a decimal, other then 1. I say this because what I have read makes me believe that the SDR is based upon an average of a couple currencies vice one (EURO,YEN, DOLLAR). Any thoghts are very encouraged. Both Dinar Devil Dog and I work together and are trying to make sense of this information.