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

Originally Posted by shotgunsusie

Announcement No.(826)

D.G. of Foreign Exchange Control

The 826 daily currency auction was held in the Central Bank of Iraq day Thursday 2006 / 12/ 14 so the results were as follows :

Details Notes
Number of banks 15 -----
Auction price selling dinar / US $ 1411 -----
Auction price buying dinar / US $ 1409 -----
Amount sold at auction price (US $) 60.250.000 -----
Amount purchased at Auction price (US $) 200.000
Total offers for buying (US $) 60.250.000 -----
Total offers for selling (US $) 200.000 -----





D.G. of Investments

Daily price Bulletin buying and selling Thursday 2006/12/14

Currency
Currency Code
Selling Price In IQD
Buying Price In IQD

US Dollar
USD
1414.000
1413.293

European Euro
EUR
1868.601
1867.667

Sterling Pound
GBP
2780.348
2778.958

Canadian Dollar
CAD
1224.879
1224.266

Swiss Frank
CHF
1172.179
1171.593

Sweetish Krone
SEK
206.499
206.395

Norwegian Krone
NOK
228.966
228.851

Denmark Krone
DKK
250.731
250.606

Japanese Yen
JPY
12.041
12.035


The above price represent reference rate and does not from any commitment on the Central Bank of Iraq.
smaller denoms goin out in them little spurts?? 200,000 ? that would be the only dinar they would be sellin at this point i would think. and them smaller denoms you can get a load of them for that price.

the large auction i believe is good news too. cmon baby, GIVE US A REVAL!!!!!

They just did, Shotty, another 2 Dinar re-val increase right into our pockets. It's all good people, keep cool. We are right on track. Keep in mind that the CBI has full flexibility to move the IQD all the way to around 800 IQD to 1 USD without even bringing in 1 more USD in reserves than the current $15 Billion they had at last report. Most likely they've increased those reserves and will continue to do so during this upcoming 3 month gradual trial. I know some were expecting the magic extreme high "overnight" re-val, but I am very pleased with the direction we are going in. Keep your faith in the investment and hang tough. This thing can speed up. Let's see what President Bush has in plan for the security situation in January. Better late than never. Best of luck to us all and especially the good guy Iraqis who have a lot more invested in this than us.

Originally Posted by shotgunsusie

Announcement No.(826)

D.G. of Foreign Exchange Control

The 826 daily currency auction was held in the Central Bank of Iraq day Thursday 2006 / 12/ 14 so the results were as follows :

Details Notes
Number of banks 15 -----
Auction price selling dinar / US $ 1411 -----
Auction price buying dinar / US $ 1409 -----
Amount sold at auction price (US $) 60.250.000 -----
Amount purchased at Auction price (US $) 200.000
Total offers for buying (US $) 60.250.000 -----
Total offers for selling (US $) 200.000 -----

D.G. of Investments
Daily price Bulletin buying and selling Thursday 2006/12/14
Currency
Currency Code
Selling Price In IQD
Buying Price In IQD

US Dollar
USD
1414.000
1413.293

<<<<<<<snip-snip-snip>>>>>>>

The above price represent reference rate and does not from any commitment on the Central Bank of Iraq.
smaller denoms goin out in them little spurts?? 200,000 ? that would be the only dinar they would be sellin at this point i would think. and them smaller denoms you can get a load of them for that price.

the large auction i believe is good news too. cmon baby, GIVE US A REVAL!!!!!

This e-mail is being sent to you to notify you that the Iraqi Dinar/U.S. Dollar exchange rate has changed. According to the Iraqi Central Bank website (Central Bank Of Iraq) the exchange rate has changed from:

1414/Dinars to the US Dollar or $707.21 per million Dinars

To

1411*/Dinars to the US Dollar or $708.72 per million Dinars

* as of 12/14/2006 3:07:24 AM CST as per Central Bank of Iraq website

And with any order of 1 Million Dinar or more made through this email, you will receive a complimentary 10k and 5k note.

1,000,000 minimum order quantity
Offer good for one 10k and one 5k Dinar note per order
Do NOT reply to this message
E-mail questions to: [email protected]
This e-mail is being sent to you as a service by SAFEDinar.com the safest place on the Internet to purchase Iraqi Dinar.

SAFEDinar.com
SAFEDinar.com | 1-877-723-3391 | [email protected]
©2005 SafeDinar.com. All Rights Reserved.
To be removed from our mailing list please click here.

The above was from safedinar.com as they send this to me when you sign up for the E-mail response when you purchase from them; helps out if you are too busy to cruise the RolClub!

RV Time!

NOTE: For those dreaming of that vacation, the palm tree is for you!

Got questions about the RV of the Iraq Dinar???
Here ya go.
http://seattletimes.nwsource.com/cro...es/answerball/

Originally Posted by postcon

Announcement No.(826)

D.G. of Foreign Exchange Control

The 826 daily currency auction was held in the Central Bank of Iraq day Thursday 2006 / 12/ 14 so the results were as follows :
Details Notes
Number of banks 15 -----
Auction price selling dinar / US $ 1411 -----
Auction price buying dinar / US $ 1409 -----
Amount sold at auction price (US $) 60.250.000 -----
Amount purchased at Auction price (US $) 200.000
Total offers for buying (US $) 60.250.000 -----
Total offers for selling (US $) 200.000 -----

Alright, another 3 point rise in the value of the Dinar. So, lets see, thats 2 on Sunday, 3 on Monday, 3 on Tuesday, 2 on Wednesday, and 3 on Thursday. Well, even if the rumor doesn't pan out today, lets hope for 3 dinar rises everyday next week, well what the heck how about 4's... Come on Dinar lets get to a 20 point rise in a week, keep on growing, thats not so much to ask is it....

Here ya go Neno---> Fifty, five oh, 50, 5 X 10 = 50, well sry Neno thats as many fifty words as I'm gonna add... The agony of trying to think

Just funnin with ya.

Heres to the rumor.

By LOLITA C. BALDOR, Associated Press Writer
2 hours, 47 minutes ago



WASHINGTON - After three days of meetings with military leaders, President Bush is weighing options for Iraq ranging from a short-term surge in troops to an infusion of dollars for trainers.

No changes will involve removing troops before the job is done, the president vows.

Bush gathered advice from former and current commanders, including those in Iraq, as well as chiefs of the military services and other top Pentagon leaders.

He even heard from outside advisers who suggested he remove Marine Gen. Peter Pace as chairman of the Joint Chiefs of Staff, according to an official familiar with the meeting who asked not to be named because the discussions were private.

But Bush made it clear he will not map out a new war strategy until his new defense secretary, Robert Gates, has taken over and offered his counsel. And that new plan, he said, will not include giving up.

"The stakes are too high and the consequences too grave to turn Iraq over to extremists who want to do the American people and the Iraqi people harm," Bush said Wednesday, after a meeting with the Joint Chiefs of Staff, Defense Secretary Donald H. Rumsfeld and Gates.

Some of the recommendations could include beefing up support for the Army, which has been stretched nearly to the breaking point by the ongoing conflicts in Iraq and Afghanistan.

Gen. Peter Schoomaker, the Army chief of staff, is arguing that if the U.S. is going to maintain the current troop levels on the warfront, either the size of the active-duty Army must be increased or the Army must be given greater access to National Guard and Reserve soldiers, two defense officials said Wednesday.

There are competing schools of thought inside the military and the administration on whether a short-term increase in U.S. troop strength in Iraq — possibly in the range of 20,000 — would be enough to quell the sectarian warfare in Baghdad.

Some generals believe it would be too little, too late, in a war that already has claimed more than 2,900 U.S. lives.

Bush's very public effort to recalibrate the war effort comes with growing public pressure generated by the November elections that put Democrats in control of Congress and led to Rumsfeld's ouster.

The president said he would present his plans for a "new way forward" in Iraq early next year, while continuing to support the government of Prime Minister Nouri al-Maliki, whose ability to forge a viable governing coalition is questioned privately by some administration officials.

None of his comments sounded like a prelude to withdrawing substantial number of U.S. troops over the coming year, as was recommended by the Iraqi Study Group, a bipartisan commission that studied war options since March.

A number of administration officials have suggested privately that while Bush has considered the possibility of a short-term troop increase, there is no consensus from the military on the wisdom of injecting a large number of additional troops. In fact there is little sign that senior military leaders have shifted from their view that adding troops would undercut the incentive for Iraqis to take more responsibility for their own security.

Another option under discussion is increasing the number of U.S. troops who are placed inside Iraqi army and police units as advisers, providing a kind of on-the-job training that the senior military spokesman in Baghdad, Maj. Gen. William Caldwell, told reporters is already paying notable dividends.

The military has said that any adjustments in troop levels would be fruitless without accompanying improvements on the political and economic fronts, to reconcile the rival sectarian factions and to put young people to work.

Internally, the Army has been trying to determine how many additional troops could be deployed in Iraq at one time and for how long. So far, according to Army officials familiar with the deliberations, the consensus is that only 10,000 to 15,000 troops — or up to five brigades — could be added temporarily to the force.

Bush has met in recent days with Iraq's Sunni vice president, Tariq al-Hashemi, and with the leader of the largest Shiite bloc in Iraq's parliament, Abdul-Aziz al-Hakim. Those discussions across Iraq's ethnic and religious lines come as major partners in the country's governing coalition are in behind-the-scenes talks to form a new parliamentary bloc and to sideline the supporters of the radical Shiite cleric Muqtada al-Sadr.

___

Associated Press writers Robert Burns, Anne Gearan and Anne Plummer Flaherty contributed to this report.

BAGHDAD (Reuters) - Gunmen attacked the convoy of Iraq's Shi'ite vice president, Adel Abdul Mahdi, in Baghdad on Thursday, but there were no immediate reports of any injuries, Interior Ministry officials said.

An aide to Mahdi denied any attack had occurred, saying the vice president was in his office.

Two Interior Ministry officials told Reuters Mahdi was in the convoy but was not hurt. One of Mahdi's aides called for help from the U.S. military and Iraqi security forces, one of the officials said.

The ministry official said U.S. and Iraqi forces had arrived on the scene, secured the area and escorted the convoy to safety. Journalists in the area heard intense gunfire.

Details of the attack were sketchy but ministry officials said it took place near Jamiaa district, a volatile mostly Sunni area in western Baghdad.

Members of the Shi'ite-led government and the parliament have been frequent targets of shootings and bombings in recent months. Iraq is gripped by sectarian violence between minority Sunnis and Shi'ites that has killed tens of thousands.

Number of banks 15 -----
Auction price selling dinar / US $ 1411 -----
Auction price buying dinar / US $ 1409 -----
Amount sold at auction price (US $) 60.250.000 -----
Amount purchased at Auction price (US $) 200.000
Total offers for buying (US $) 60.250.000 -----
Total offers for selling (US $) 200.000

Goooooooooooooood Morning RolClub !!


I was thinking about the CBI's current reval plan and It bothered me that there is no exchange history posted on the CBI website for the month of October. I thought I wonder if this plan to remove dinars from circulation and to limit their liability has been going on for longer than we thought. I started to review all the posts in the history thread and I had to go all the way back to page 1017 which corresponds to Oct 1st. From there I was able to review every auction in October, and guess what. The CBI has been extracting dinars out of the economy alot faster than we thought. Duing the month of October the CBI recovered 1,428,874,130,000 from circulation. The amazing part is that not 1 dinar was put back into the economy NOT ONE ! Zero - Zilch - Nada !! In all the auctions not a single dinar was offered for sale back to the banks. There were 17 auctions in October. Another interesting point is that the amount of dollars being sold back to the banks has been in a steady decline. Previously an average day saw about 75 to 80 million dollars being sold where as lately the average has been around 15 to 18 million. This goes hand in hand with the theory that the bank has been drying up the supply chain. One thing I would like to add, this study would not have been possible if it had not been for the faithful and detailed posting by SGS of the CBI's daily activity and the archiving by Neno of all this valuable information, to both of you thank you very much.

So with that info I have updated the totals to include the month of October, with that we can get a clearer picture of where the CBI stands at this time in their efforts to recapture as many dinars as possible and reduce their liability before they RV the exchange rate.




1. The dinar to the dollar is down 3 more points today from 1414 to 1411

2. Another $60,050,000 (net) worth of dinars, (IQD 84,730,550,000) out of circulation

3. 15 banks participating.

4. 44th auction since the beginning of CBI's reval plan

5. 75 days into the CBI's reval plan.

6. 2,750,799,227,000 dinars pulled from circulation !!

7. Only 282,200,000 Dinars back into circulation today

8. 66 dinar change since Nov 1st (baseline was 1477) 4.468% increase in value of the dinar since beginning of reval plan

The Vice-President will meet with a number of political figures and military in the United States and discuss with them the situation in Iraq and the region

December 14, 2006December 14, 2006

Vice President Tariq Hashimi, who is an official visit to the United States of America, of his talks with officials there. The search sovereignty, on yesterday, Wednesday, 12 - 13-2006, a number of issues of concern to Iraq and the region with a number of military and political figures in the American administration, including Republican members and democrats in the United States Congress.

He also met sovereignty, Senator Lee Hamilton, one of the most prominent members of the committee studying the situation in Iraq. During the meeting, and discuss the most important recommendations contained in the report of the Baker-Hamilton on the situation in Iraq and the Middle East and ways to address them.

In the same vein, Vice President Hashemi, yesterday, Wednesday, Undersecretary of the Ministry of Defense, General Aingland Corden, in the Pentagon building, and discussed with him denounced the American military command in Iraq.

He also met sovereignty, the Arab ambassadors in Washington, at a dinner during which a number of issues of concern to the region's security and stability.

And this is expected to give the Vice-President, today, Thursday, 12 - 14-2006, the word in the American Institute of Peace USIP about the situation in Iraq and find alternative strategy achieved security of the citizens and ensure the stability of the region.

.It will also meet Hashemi, late in the evening today, Iraqi community in America.

Iraqi Presidency

Originally Posted by Socata 850

Number of banks 15 -----
Auction price selling dinar / US $ 1411 -----
Auction price buying dinar / US $ 1409 -----
Amount sold at auction price (US $) 60.250.000 -----
Amount purchased at Auction price (US $) 200.000
Total offers for buying (US $) 60.250.000 -----
Total offers for selling (US $) 200.000

Goooooooooooooood Morning RolClub !!


I was thinking about the CBI's current reval plan and It bothered me that there is no exchange history posted on the CBI website for the month of October. I thought I wonder if this plan to remove dinars from circulation and to limit their liability has been going on for longer than we thought. I started to review all the posts in the history thread and I had to go all the way back to page 1017 which corresponds to Oct 1st. From there I was able to review every auction in October, and guess what. The CBI has been extracting dinars out of the economy alot faster than we thought. Duing the month of October the CBI recovered 1,428,874,130,000 from circulation. The amazing part is that not 1 dinar was put back into the economy NOT ONE ! Zero - Zilch - Nada !! In all the auctions not a single dinar was offered for sale back to the banks. There were 17 auctions in October. Another interesting point is that the amount of dollars being sold back to the banks has been in a steady decline. Previously an average day saw about 75 to 80 million dollars being sold where as lately the average has been around 15 to 18 million. This goes hand in hand with the theory that the bank has been drying up the supply chain. One thing I would like to add, this study would not have been possible if it had not been for the faithful and detailed posting by SGS of the CBI's daily activity and the archiving by Neno of all this valuable information, to both of you thank you very much.

So with that info I have updated the totals to include the month of October, with that we can get a clearer picture of where the CBI stands at this time in their efforts to recapture as many dinars as possible and reduce their liability before they RV the exchange rate.




1. The dinar to the dollar is down 3 more points today from 1414 to 1411

2. Another $60,050,000 (net) worth of dinars, (IQD 84,730,550,000) out of circulation

3. 15 banks participating.

4. 44th auction since the beginning of CBI's reval plan

5. 75 days into the CBI's reval plan.

6. 2,750,799,227,000 dinars pulled from circulation !!

7. Only 282,200,000 Dinars back into circulation today

8. 66 dinar change since Nov 1st (baseline was 1477) 4.468% increase in value of the dinar since beginning of reval plan

that bank postin is mainly piper. save the thanks for when we are graced by the presence.

Originally Posted by Socata 850

Number of banks 15 -----
Auction price selling dinar / US $ 1411 -----
Auction price buying dinar / US $ 1409 -----
Amount sold at auction price (US $) 60.250.000 -----
Amount purchased at Auction price (US $) 200.000
Total offers for buying (US $) 60.250.000 -----
Total offers for selling (US $) 200.000

Goooooooooooooood Morning RolClub !!


I was thinking about the CBI's current reval plan and It bothered me that there is no exchange history posted on the CBI website for the month of October. I thought I wonder if this plan to remove dinars from circulation and to limit their liability has been going on for longer than we thought. I started to review all the posts in the history thread and I had to go all the way back to page 1017 which corresponds to Oct 1st. From there I was able to review every auction in October, and guess what. The CBI has been extracting dinars out of the economy alot faster than we thought. Duing the month of October the CBI recovered 1,428,874,130,000 from circulation. The amazing part is that not 1 dinar was put back into the economy NOT ONE ! Zero - Zilch - Nada !! In all the auctions not a single dinar was offered for sale back to the banks. There were 17 auctions in October. Another interesting point is that the amount of dollars being sold back to the banks has been in a steady decline. Previously an average day saw about 75 to 80 million dollars being sold where as lately the average has been around 15 to 18 million. This goes hand in hand with the theory that the bank has been drying up the supply chain. One thing I would like to add, this study would not have been possible if it had not been for the faithful and detailed posting by SGS of the CBI's daily activity and the archiving by Neno of all this valuable information, to both of you thank you very much.

So with that info I have updated the totals to include the month of October, with that we can get a clearer picture of where the CBI stands at this time in their efforts to recapture as many dinars as possible and reduce their liability before they RV the exchange rate.




1. The dinar to the dollar is down 3 more points today from 1414 to 1411

2. Another $60,050,000 (net) worth of dinars, (IQD 84,730,550,000) out of circulation

3. 15 banks participating.

4. 44th auction since the beginning of CBI's reval plan

5. 75 days into the CBI's reval plan.

6. 2,750,799,227,000 dinars pulled from circulation !!

7. Only 282,200,000 Dinars back into circulation today

8. 66 dinar change since Nov 1st (baseline was 1477) 4.468% increase in value of the dinar since beginning of reval plan

Only 282,200,000 Dinars back into circulation today since October...I now understand.

Thank you

Al