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

Originally Posted by clintstella

Turkey on the BBQ for Christmas dinner washed down with a few rum and cokes.

a few???? LMDAO!!!!!!!!!!!! NOPE!


oh yeah, you know anybody over there who makes a killer plum pudding?? ill have some of that too!!

Nuri al-Maliki will fly to Turkey tomorrow

Scheduled to fly Prime Minister Nuri al-Maliki tomorrow, Wednesday, to Turkey on an official visit to discuss bilateral relations between the two countries. According to informed sources, "al-Maliki would meet during the visit of Turkish President Ahmet Necdet Sezer and his counterpart Recep Tayyip Erdogan and senior Turkish officials to discuss ways of enhancing bilateral relations and issues of Iraq and the region and the world." The visit has been postponed several times during the past few weeks because of the situation in Iraq.

(7:31 Baghdad time

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Originally Posted by shotgunsusie

a few???? LMDAO!!!!!!!!!!!! NOPE!


oh yeah, you know anybody over there who makes a killer plum pudding?? ill have some of that too!!

Sorry Sus forgot to mention the vast volumes of Stella Artios we are flying in

as black helicopters fly in close....

11(power number) - 14(2x7power number) = 1 + 1 + 1 + 4 = 7(power number)

The Central Bank adopted a tight monetary policy aimed at reducing inflation
Attributed official source at the Central Bank of Iraq causes of inflation in the Iraqi economy to supply bottlenecks in the real sector, which is concentrated in the processing of fuel and the dramatic impact of aggregate demand for goods in the economy. The source added in a press statement today, Tuesday, that "the annual rate of inflation reached high levels exceeded 50% in spite of positive developments shown by the index for consumer prices as an indicator of inflation during the month of September last." He pointed out that "the bank will adopt a tight monetary policy aimed at reducing inflation by improving the base rate of the Iraqi dinar and raise purchasing power and the means to make it more attractive cash."

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QUOTE=shotgunsusie;135274]ÃÎÈÇÑ ÑÇÏíæ ÏÌáÉ[/QUOTE]


The Central Bank adopted a tight monetary policy aimed at reducing inflation
Attributed official source at the Central Bank of Iraq causes of inflation in the Iraqi economy to supply bottlenecks in the real sector, which is concentrated in the processing of fuel and the dramatic impact of aggregate demand for goods in the economy. The source added in a press statement today, Tuesday, that "the annual rate of inflation reached high levels exceeded 50% in spite of positive developments shown by the index for consumer prices as an indicator of inflation during the month of September last." He pointed out that "the bank will adopt a tight monetary policy aimed at reducing inflation by improving the base rate of the Iraqi dinar and raise purchasing power and the means to make it more attractive cash."






You've gotta know the local people in iraq (iraq's, american workers, etc.) would be rushing into the banks or exchange places to buy up dinars right now reading all these news articles!!!!!!!!!!
I would be

rinse...repeat

Originally Posted by Cdn Scrooge

It may be just my imagination (or wishful thinking) but it seems to me that lately almost all of the articles that are posted in connection with economic matters or rebuilding have a common theme of URGENCY.

It seems that all the ministries, the stock exchange, etc are requesting that things be sped up.

Unfortunately the powers that be seem to be dragging their heels so to speak as if they have all the time in the world.

I also thought urgency, while maybe not expressly mentioned, was a theme. An article posted by SGS today about the cabinet reshuffle did say Maliki wants to get things moving by Sunday. That was my understanding from the translation anyhow.

Also, the ISX was clearly not happy with the speed of new laws being inplemented.

Announcement No.(805)

D.G. of Foreign Exchange Control

The 805 daily currency auction was held in the Central Bank of Iraq day Tuesday 2006 / 11/ 14 so the results were as follows :

Details Notes
Number of banks 15 -----
Auction price selling dinar / US $ 1460 -----
Auction price buying dinar / US $ ------ -----
Amount sold at auction price (US $) 62.540.000 -----
Amount purchased at Auction price (US $) ------
Total offers for buying (US $) 62.540.000 -----
Total offers for selling (US $) ------ -----

Originally Posted by day dreamer

Announcement No.(805)

D.G. of Foreign Exchange Control

The 805 daily currency auction was held in the Central Bank of Iraq day Tuesday 2006 / 11/ 14 so the results were as follows :

Details Notes
Number of banks 15 -----
Auction price selling dinar / US $ 1460 -----
Auction price buying dinar / US $ ------ -----
Amount sold at auction price (US $) 62.540.000 -----
Amount purchased at Auction price (US $) ------
Total offers for buying (US $) 62.540.000 -----
Total offers for selling (US $) ------ -----

can it go any slower, come on dinar