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

Originally Posted by cigarman

before the CBI sold dinar as well so not much dinar was taken out of circulation, but now their taking major amounts of dinar out of circulation. The CBI is taking but not giving at this point.

Yes, previously they were putting a large percentage back,
as stated above they were Buying & Selling, now itś a one-way street.

Originally Posted by Treater

Hey guys, I need to get some confirmation on this.
I don't know if it's my computer or if this is from the CBI site.

From what I am seeing the history file starts at April of 2006, and goes to November of 2006, August, and October are missing also.
Does anyone else see the same?
I remember it going back much further than that only a few days ago. Did they alter it, or is it just my computer?

Thanks, -Treater

The history PDF file: http://www.cbiraq.org/C.B.I.%20FOREI...20AUCTIONS.pdf

Same here........Hmmmmmmmmmmm

Voices of Iraq: Baghdad-Constitution
Posted by: saleem on Wednesday, November 15, 2006 - 12:09 PM

Baghdad-Constitution
Iraqi constitution committee elects Hammoudi as chairman
Baghdad, Nov 15, (VOI) – The constitution committee held its first meeting on Wednesday and elected Dr. Hammam Hammoudi of the Unified Iraqi Coalition as chairman, a parliamentarian said on Wednesday.
Legislator sheikh Jalaleddin al-Saghir, of Unified Iraqi Coalition, told the independent news agency Voices of Iraq (VOI) on Wednesday "the committee met today with all members attending except for some who were outside the country."
“The committee elected as chairman Dr. Hummam Hammoudi , of Unified Iraqi Coalition,” Mr. Saghir said.
Dr. Hammoudi had chaired the constitution drafting committee before.
Al-Saghir said "the committee also chose Fouad Ma'soum, of the Kurdistan Coalition, and Iyad al-Samra'ie, of the Sunni Iraqi Accordance Front, as deputy chairmen, as well as Abbas al-Bayyati, of the Unified Iraqi Coalition, and parliamentarian Alya Nusayf ,of the Iraqi National Slate, as committee rapporteurs."
He added "the committee has decided to have November 15 as the first day of the four-month period granted by the Iraqi permanent constitution for the committee to submit its report to the parliament on suggested amendments to the constitution."
The two-month recess of parliament scheduled in early 2007 is not included in this period.
The Iraqi Parliament had approved in late September an agreement to form a committee to reconsider items in the current constitution.
The agreement provided that the number of members in the committee would be 27, twelve would be reserved for the Unified Iraqi Coalition, five for the Kurdish Coalition, four for the Sunni Iraqi Accordance Front, two for the Iraqi National Slate and one representing each of other ethnicities in Iraq- the Turkomans, Christians and Yazidists.
The committee will have to reconsider items in the Iraqi constitution and introduce the necessary amendments thereto.
Article 142 of the constitution provides for the amendment of some items during the first four months after parliament starts its session.
Some articles in the constitution are a bone of contention by major parliamentary blocs, including articles that have to do with federalism and others with the division of water and wealth.

AE/

Baghdad-Constitution :: Aswat al Iraq :: Aswat al Iraq


So we have a Kurd co-chairman, and parliament will be in recess for two months starting in "EARLY 2007"....

Originally Posted by ordinaryseawoman

Sorry if this is a repeat....

Voices of Iraq: Iraq-Currency
Posted by: saleem on Wednesday, November 15, 2006 - 12:29 PM

Iraq-Currency
Highest dinar rate to dollar in 2006-Central Bank
Baghdad, Nov 15, (VOI) – The Iraqi dinar scored on Wednesday its highest exchange rate through year 2006 at the Iraqi Central Bank daily auction , fetching 1,455 dinars compared to 1,460 dinars in the previous session.
Demand was up to $64.960 million from $62.540 million on Tuesday, the bank said in its daily statement.
The bank covered bids which were $27.350 million in cash and $37.610 million in foreign transfers.
None of the 19 banks participating at Wednesday’s session offered to sell dollars.
On Tuesday, Mr. Ali al-Yasseri, exchange company owner, told the independent news agency Voices of Iraq (VOI) the Iraqi central bank adopted “ a series of tough measures to bring down inflation.”
The measures included, among others, offering selling dollars with higher dianr exchange rate against dollar, he added.
Iraq-Currency :: Aswat al Iraq :: Aswat al Iraq

Hopefully he is not referring to the drop from 1460 to 1455. I would like to interpret this as measures that have been adopted but not enacted as of yet. Anyone?

Baghdad Time: 05:03am, 11/15/2006 ~ market is closed | $1 USD = 1464.63 IQD ^

Originally Posted by Treater

Hey guys, I need to get some confirmation on this.
I don't know if it's my computer or if this is from the CBI site.

From what I am seeing the history file starts at April of 2006, and goes to November of 2006, August, and October are missing also.
Does anyone else see the same?
I remember it going back much further than that only a few days ago. Did they alter it, or is it just my computer?

Thanks, -Treater

The history PDF file: http://www.cbiraq.org/C.B.I.%20FOREI...20AUCTIONS.pdf

August and October are indeed missing.

This mystery get more nuts every day or either that I am.

At the IAMB website under the Document tab is a 31 page document (third on down) that just SHOWED UP hmmmm. Ok there is no DATE of this document (wonder why) But after reading all 31 pages there was a statement of Letter on Sept. 21, 2006. So this document must have been wrote after 9/21. Plus in the link it has 103006 - so would this mean 10/30/06 like most pdf files have the date in them? All I do know is it just showed up today - unless someone has seen it before.

This really made me go - FARM JIG!!
Page 12
G - DFI accounts at FRB NY
We agree with observation on establishing bank accounts for the DFI based on letters of former CPA dated 28-11-2003. Ministry of finance and the CBI have no details about the movement and source of these funds. CBI had written to the FRB NY several times to obtain detailed information about accounts since the beginning of its opening and the party which did that without getting any response but utimately E & Y Corporation was porvided with the required information and sending a copy to CBI. CBI approached the FRB NY to close these accounts and transfer their balances to DFI account according to CBI letter no.5/11729 after acquiring approval from ministry of finance according to its letter no. (11564) in 3/9/2006 - Sept. 9th wow

So CBI want control of the money - hmmm

Here is the PDF file

CBI and every part of Iraq is talked about in this document.
This is way to much fun!!

Originally Posted by flockstar

Baghdad Time: 05:03am, 11/15/2006 ~ market is closed | $1 USD = 1464.63 IQD ^

Is this info is from Iraq Stock Exchange Data featuring Quotes, Iraqi Market News and ISX Analysis ?

If so, that web site has not been updated since 10/9/06

International Relations

Iraqis are the main foreign investors in Jordan

--------------------------------------------------------------------------------

15 November 2006 (Iraq Directory)
Official Jordanian figures pointed out that the Iraqi investors are on top of the list of non-Jordanian investors in Jordan; their investments amounted to 118 million dinars during the first ten months of this year.

According to a publication of "the Ministry of Industry and Trade", these investments represent about 12% of the total investments in companies registered in Jordan during the first ten months of this year, which amounted to 982.4 million dinars; also representing about 32.5% of the investments by non-Jordanians, which the bulletin estimated them by 336 million dinars.

The bulletin pointed out that the number of Iraqi investors registered with the Corporations Control Office until September hit about 3927 investor; estimated volume of their investments over the past six years at about 345.7 million dinars distributed to various productive sectors.

The Iraqi investments in the services sector amounted to 140.3 million dinars, while hit 127.9 million dinars in the trade sector, about 58.7 million in the agriculture sector, about 15 million dinars in the industry, and about 3.5 million dinars in contracting.

According to figures issued by the Department of Lands, the Iraqis bought, during the first ten months of this year, real estates and lands valued by 76 million dinars; that is 1.9% of the total sales in this sector, and about 50% of the total sales of non-Jordanians in the same period. This replaces Iraqis on top of the list of investors in lands and real estates of non-Jordanians, followed by Kuwaitis who used to occupy the first place, Saudis ranked third, followed by holders of American citizenship then the Syrians.

Hundreds of thousands of Iraqis arrived in the Kingdom after lifting the travel ban in 1991 following the end of the first Gulf War, since that Jordan was the only legitimate outlet to get out of Iraq. While some Iraqis used Jordan conduit to travel to various countries around the world, others settled in, illegally for a large number of them, which makes it difficult to obtain accurate statistics of the number of Iraqis living in Jordan; however, they are estimated by a quarter of a million.

After the American occupation of Iraq in 2003 and the subsequent disorder, many Iraqis migrated to Jordan. While the Iraqis of the first phase, which lasted until 2003, were mainly intellectuals, academics and fugitives from the system on political grounds, and many of them were poor, the second phase included large numbers of businessmen, investors and wealthy Iraqis who fled the security situation, the poor investment opportunities and the increasing incidents of kidnappings and seizure of hostages. They found in Jordan a stable country and attractive for investment because of the facilities offered by the Jordanian Investment Law.

Added to them, the Iraqi investors living abroad and wanted to be close to Iraq. The ranks of Iraqi community in Jordan, according to informal estimates, are 600 thousand and 750 thousand Iraqis.

Originally Posted by MrsCK

This mystery get more nuts every day or either that I am.

At the IAMB website under the Document tab is a 31 page document (third on down) that just SHOWED UP hmmmm. Ok there is no DATE of this document (wonder why) But after reading all 31 pages there was a statement of Letter on Sept. 21, 2006. So this document must have been wrote after 9/21. Plus in the link it has 103006 - so would this mean 10/30/06 like most pdf files have the date in them? All I do know is it just showed up today - unless someone has seen it before.

This really made me go - FARM JIG!!
Page 12
G - DFI accounts at FRB NY
We agree with observation on establishing bank accounts for the DFI based on letters of former CPA dated 28-11-2003. Ministry of finance and the CBI have no details about the movement and source of these funds. CBI had written to the FRB NY several times to obtain detailed information about accounts since the beginning of its opening and the party which did that without getting any response but utimately E & Y Corporation was porvided with the required information and sending a copy to CBI. CBI approached the FRB NY to close these accounts and transfer their balances to DFI account according to CBI letter no.5/11729 after acquiring approval from ministry of finance according to its letter no. (11564) in 3/9/2006 - Sept. 9th wow

So CBI want control of the money - hmmm

Here is the PDF file

CBI and every part of Iraq is talked about in this document.
This is way to much fun!!

Nice find....(I don't know what it means) but sounds good to me....