Thread: Iraq/Dinar News. 09/05 to 01/14/07

Originally Posted by www.xealthy.com

Sorry Adster, maybe I read it wrong - but I could swear that they retracted the 20m loans the day after it was mentioned.

No you are right they did try to refute that statement but face it, they also tried to say the lifting of three zeros was a lop as well. These two remarks have had the fiercest negitive spin on them have they not?

It's what I would expect to be said if someone remarked on something they shouldn't have right? I mean it was a one paragraph blurb from a Lebanon source.... IMO it speaks volumes

Sassy,
Check your pm

Originally Posted by Adster

The dollar and the dinar compete for the hearts of Iraqis
Mohammed Qasim of Baghdad : the American dollar deal emerged in Iraq after the end of the Iran-Iraq war is clearly where the value of three three-and-a-half before the Iraqi dinar. But repeated wars and the economic blockade to make the dinar remained steady decline in the value of lost purchasing power compared to the American dollar and other currencies until the price before the fall of the regime of Saddam dinars to two thousand dollars for each one.
He has tried the former regime in Iraq, the value of the Iraqi dinar by not only do business not to deal in Iraqi dinars U.S. dollar. But this did not succeed because the Iraqis advantage if something would not comment never to leave as is the case with a certain model of car or other goods. The question of the opening of offices for banking departure from the law and is prohibited at the time of the former regime have been hunted down and imprisoned scores of currency dealers. But after the fall of the American dollar boom unprecedented in the Iraqi street, in all areas and all the joints and other vital. , and was initially distributed staff salaries accumulated American dollar have had a significant impact on the spread and told Ilaf (Ahmed), an employee at one of Alozar T..
Paper paper
It then spread offices and companies, banking and money dealing with all the work of foreign notably the dollar and the majority of people have turned their money into dollars to preserve them from theft Vbamkank converting large sum of several parcels to the papers, not exceeding a few of the fingers reservation in place when curfew in the most popular markets and the other everyone speaks paper paper is not a new currency but that Aldolaraloahd called in the term traders and currency dealers (covers) a Persian word means one (Yek), and because the paper has feminised Iraqis feminization also frequent, , called the $% (paper) and ten thousand dollars called (the book) or (intensity), and used these words to ease and brevity.
Kidnapping
Eight-most of the kidnappings of innocent people today are required ransom by the kidnappers quantity of (books)
- Bashir says : when Baghdad fell, got the operations of looting and, as everyone knows, the banks and banks the lion's share in the burglary upon by criminals who were released before the war several months in a general amnesty, these banks contain large amounts of hard currency were stolen reason for the spread today.
The opening of Iraq's borders with neighboring countries, some big role in business dealings with Iraqi traders, which are often the U.S. dollar. also, most of the foreign investment companies in Iraq, such as telecommunication companies, The security companies and protections given to the salaries of its affiliates U.S. dollar.
- The increase in journeys with the neighboring countries of Iraq's religious thresholds and recreation trips also dealing in Jordanian dinars and Syrian lira and Altoman Iranian But the dollar remains at the forefront of foreign currency in circulation today in Iraq.
Trying dinar
The Iraqi dinar, which found itself a loved one second day of Iraqis seeking to regain its previous through maintaining a level it has attained since the fall of the previous regime, which is $ 1480 each. The decision has helped the new edition difficult to forge place in the Iraqi dinar which] hope that the new Minister of Finance and several pieces, which a few days ago that the Iraqi dinar equivalent of net or gross and a half and three zeros from Baht example, the price of one dollar dinars 480 fils after the one thousand and 480 dinars

Thanks Adster

Originally Posted by neno

Thanks Adster

Yeah this was a great one. It shows that the Iraqi intention was always this level. Thanks.

Originally Posted by neno

Thanks Adster

Saw this, and obviously it is huge, but I did not see a date or source for the article. Do we know who this is talking and where this article is from and when?

Originally Posted by TheBrain

I don't speak for Susie but "I" can guarantee that there will be no revaluation until the announcement of a foreign investment law. Once a FI law is "officially announced" you will see a currency rise follow.

Alot of the "rumors" that are put before you are from misinterpreted/ mis-translated news stories. Real translation from the language a story is written is key, machine translation is not an accurate medium and many of the facts contained in a story are lost in translation.

and then some of us have friends that know people in dubai that watched the television broadcast from iraq the other night and know that the MOF was at that secret meeting that was broadcast and he doesnt come to security and territory meetings and head the press conference.

my suggestion is to keep your opinions of whether this is actually happening or not until the time is past and then you can gloat all you want in knowing that all know you were correct.

Originally Posted by MC Dig

Saw this, and obviously it is huge, but I did not see a date or source for the article. Do we know who this is talking and where this article is from and when?

It was the end of June/ beginning of July 2006

Posted this in the rumor forum also:

AT IIF this morning it was said the the Iraqi ambassadore to US was giving a talk about the future of Iraq in Las Vegas at the Four Seasons Hotel at 2:00 pm pacific time. Perhaps a few hints of a reval could be taken from his talk? Do we have anyone out there who could attend or get a report?

Originally Posted by TheBrain

I don't speak for Susie but "I" can guarantee that there will be no revaluation until the announcement of a foreign investment law. Once a FI law is "officially announced" you will see a currency rise follow.

Alot of the "rumors" that are put before you are from misinterpreted/ mis-translated news stories. Real translation from the language a story is written is key, machine translation is not an accurate medium and many of the facts contained in a story are lost in translation.

i can guarantee you are right about the fil. how do you know they wont announce that too?

however, i can guarantee you that the meeting was hosted by the MOF and NOT security or interior.

explain that one.

Originally Posted by TheBrain

That's old news. Completed recently yes but it was widely known.
It's also a different type of FI. We need countries that are going to invest in Iraq in money producing fields, not holding.
I am not trying to crush anyone's dreams and of course anything is possible (we are talking Iraq here) so maybe there is another reason. I did notice on another forum that Susie posted the reason for the curfew was for distribution of lower denoms so we wait and see if it's just another failed prediction or an accurate assumption.

you didnt list common sense. thats what it was btw.