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

Originally Posted by shotgunsusie

WOoT WoOT WOoT !!!

that's what we're waitin for.... :)

Originally Posted by PopaDinar

WELL NOW, if Adster is feeling good and really thinks were going to be rich soon, then I may have to step up my excitement level a tad...

Adster is usually very optimistic, and never too excited over anything in regards to Dinar and RV, although he believes we will see RV at sometime and is always pretty sure it will happen sometime, he helps keep excitement levels down when we read good news, but never have I seen him get overly excited as he is now with this new news...

True, I'm a facts man. Rumours are good to read but only get folks hopes up to have them dashed. What we have to remember is that this is a government communications press release that announces intentions to increase the value of the dinar straight from the people that have the power to increase the value of the dinar. This is saying 'we will revalue the dinar'. Would they announce it to the press if they have no intention of doing so???

This is certainly one of the if not the best article to have ever come out. Almost like they're saying to the world to get ready cos here we come back onto the international stage.

We're in for a wealthy xmas folks.

Sure would be nice, I could pay off my house, my wife could retire and stay at home with our 4 month old!

Originally Posted by Elfwizard

Sure would be nice, I could pay off my house, my wife could retire and stay at home with our 4 month old!

Oh man, that would so very very wonderful for both Mom and Baby. I wish you so well on this for that reason alone.

Interesting,

Always nice to see some positive movement, especially from CBI, so another step closer. I just heard from my Kurds, no 10K yet, so lets see what another day does. (g)

Good luck to all, Mike

AND ANOTHER ANGLE!!! >>>>
وكالة الأنباء الكويتية (كونا)- صÙ�Ø*Ø© الخبر - البنك المركزي العراقي يعلن انه سيعتمد سياسة نقدية ...13/11/2006

The Iraqi Central Bank announced that it will be tight monetary policy to deal with high inflation

Economy / Iraq / central / inflation The Iraqi Central Bank announced that it will be tight monetary policy to deal with high Inflation Baghdad-11 - 13 (KUNA) -- Iraqi Central Bank announced today that it will be tight monetary policy to address the high rates of inflation, improving the exchange rate of the Iraqi dinar. The government statement said that "inflation problem in Iraq caused supply bottlenecks in the fuel processing sector and the negative impact on costs of transport and communications and other production costs, as well as the significant impact of aggregate demand for goods and services in the economy." He added : "We have reached the annual rates of inflation high levels exceeded 50% in spite of positive developments shown by the index of consumer prices (an indicator of inflation) during the month of September, which represented a decline of 13% but the inflation rate basis, which represents the effects of aggregate demand p I goods and services in the Iraqi economy is still high, a level not less than 33%. " He pointed out that the Central Bank found after thorough analysis that the reasons (inflation basis) due to "non-suit the Iraqi dinar exchange rate with the nominal level, which reflects the real capacity of the Iraqi economy achieved and foreign currency inflows of oil revenues and expenses of the multinational forces, which are covered e internal expenses in foreign currency as well as the flow of foreign aid is different still available in the local market and foreign currency. " He went on to say that these factors have helped to widening phenomenon of dealing in dollars (Dollar), which are outside the influence of monetary policy and the trends adversely affect the stability of the monetary demand and monetary policy course of action and its role in the stability of the financial market and the Iraqi dinar. He explained that the Central Bank of Iraq will adopt a tight monetary policy in this regard is aimed at reducing the inflation base through improved exchange rate of the Iraqi dinar and raise the purchasing power of the Iraqi dinar and make cash more attractive means to reflect the circumstances and encouraging indicators in the economy which would help in addressing Liza cat "dollarization", which is one of the factors that are desired in the work of monetary policy and the level of effectiveness to achieve their goals in reducing inflation. Furthermore, the Central Bank will adopt interest rates help to diversify financial market tools religion gradually terms at the same time enabling increased levels of savings and control the levels of cash. (End) P h e / o p m KUNA 131831 GMT Nov 06

This is my 1st post, but I have been watching/reading on this forum for the past couple of months and appreciate all the hard work you all are doing to get information out to all of us. After Adster's post this morning, I emailed BOA currency department & asked them if they are currently (or will in the future) sell/buy Iraqi Dinar. This is the message I received back:

Dear XXXXXXXXX,

Thank you for your e-mail.

Bank of America does not exchange Iraqi Dinars. Currently, there are no
plans to offer exchange services in Iraqi currency.

I have no information on when or if Iraqi currency may become an
exchangeable currency at Bank of America.

However we have been hearing this information all day, and are very
interested on the source of the information. If you could please
provide me with that information it would be much appreciated from the
web via Bank of America | Please Select Your State .

Sincerely,

Txxxxx
bankofamerica.com/foreigncurrency




This message is in response to your recent request. If you are not the
addressee please contact us. Any reply to this e-mail will not be
secure; please do not respond with personal or confidential information.

Just wanted to share this although the next few days may tell the real story!

Adster,
U R the real deal! Thanks for all the hard work. Keep any and all info coming!!!!

Originally Posted by Offshore-Wealth.com

Interesting,

Always nice to see some positive movement, especially from CBI, so another step closer. I just heard from my Kurds, no 10K yet, so lets see what another day does. (g)

Good luck to all, Mike

Thanks Mike, longer that goes on the more chance that they're holding it back until they reval then give it out. Let's face it, 3-4 weeks late, $7, and the chance f getting bombed to go and pick up your $7. So much for helping their people!

Originally Posted by Jazzy

This is my 1st post, but I have been watching/reading on this forum for the past couple of months and appreciate all the hard work you all are doing to get information out to all of us. After Adster's post this morning, I emailed BOA currency department & asked them if they are currently (or will in the future) sell/buy Iraqi Dinar. This is the message I received back:

Dear XXXXXXXXX,

Thank you for your e-mail.

Bank of America does not exchange Iraqi Dinars. Currently, there are no
plans to offer exchange services in Iraqi currency.

I have no information on when or if Iraqi currency may become an
exchangeable currency at Bank of America.

However we have been hearing this information all day, and are very
interested on the source of the information. If you could please
provide me with that information it would be much appreciated from the
web via Bank of America | Please Select Your State .

Sincerely,

Txxxxx
bankofamerica.com/foreigncurrency




This message is in response to your recent request. If you are not the
addressee please contact us. Any reply to this e-mail will not be
secure; please do not respond with personal or confidential information.

Just wanted to share this although the next few days may tell the real story!

Ahhh, but we know different.