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

Originally Posted by Treater

Look at the difference between the English Exchange rate page and the arabic one:

Exchange Rates
ÇÓÚÇÑ ÇáÕÑÝ æ ÇáãÒÇÏ

I translated the middle part of the arabic page, and got this (the english page doesn't have this) :

- Note that :-

1. The sale price of remittances dinars (1323) / $.
2. The sale price cash dinars (1336) / $.
3. The cash purchase price (1334) dinars / $.
2-quantity sold in cash "in the amount of $ (5.925.000) and the amount of remittances (730.000) dollars.

3-declare the Iraqi Central Bank made buying and selling rates for the dollar on Wednesday, which falls on 27 / 12 / 2006 in the days subsequent to the end of office hours on Sunday, which falls on January 7, 2007 and pledged to meet the demand for foreign currency without limit and regardless of the quantities required and all its customers and is committed to purchase all the quantities offered by banks for the same prices posted above "and maintained without change for subsequent days.

"the days subsequent to the end of office hours on Sunday, which falls on January 7, 2007"

I read this as there will be no auction until the 8th of January.

The Iraqi street is expected execution of Saddam quickly implemented secret
اعداد و تقديم: حسين سعيدPreparation and submission of Hussein Said :
Iraqi government is silent about the execution of Saddam Hussein, but the Iraqi street expectations ranging, according to the report of the Reuters news agency, the rapid execution in a few days carried out in secret and announced only after it becomes a reality to the execution of a public broadcast on television but very few outweigh the last option.
The Court of Cassation, Iraq on Tuesday ratified the death sentence where Saddam on charges of committing crimes against humanity.
The report quoted the Chief of the Appeal Court Judge Arif Abdul Razaq Al - Shaheen, the court is led by, and that the matter is now in the hands of the executive. He added that the government would have the right to determine the date of execution of the sentence starting from Wednesday, and within 30 days. He explained that Al - Shaheen no one can commute the sentence or canceled.

Announced that Saddam Hussein presented himself Bxhabh sacrifice to the nation to the gallows, and called on Iraqis to unite their ranks in the face of their enemies.

Hello all.

Can anybody give some info of were to buy some more IQD, I am having last minute thoughts that I need some more.

I am in the Uk and have tried most banks none have any in stock and dont no when there are getting more.

Link to buy with LIGHTING SPEED DELIVERY PLEASE!!!!!!!!!!!!!

Originally Posted by Treater

Look at the difference between the English Exchange rate page and the arabic one:

Exchange Rates
ÇÓÚÇÑ ÇáÕÑÝ æ ÇáãÒÇÏ

I translated the middle part of the arabic page, and got this (the english page doesn't have this) :

- Note that :-

1. The sale price of remittances dinars (1323) / $.
2. The sale price cash dinars (1336) / $.
3. The cash purchase price (1334) dinars / $.
2-quantity sold in cash "in the amount of $ (5.925.000) and the amount of remittances (730.000) dollars.

3-declare the Iraqi Central Bank made buying and selling rates for the dollar on Wednesday, which falls on 27 / 12 / 2006 in the days subsequent to the end of office hours on Sunday, which falls on January 7, 2007 and pledged to meet the demand for foreign currency without limit and regardless of the quantities required and all its customers and is committed to purchase all the quantities offered by banks for the same prices posted above "and maintained without change for subsequent days.

Here is another thought....just my opinion but when I first read this my interpretation was:

They declare that the buying and selling rates for the dollar would hold at the rate of 27/12/2006 and remain at that rate for buying and selling until the end of the business day on January 7, 2007 and meet the demand regardless of amount but will not move the rate. At the close of business on January 7, 2007, I initially interpretted as the official ending of auctions completely. Again, this was just my first impression when I read this. It sounds like the end of auctions to me.

i read this that they will hold @ 1325 until 1/7/07...now it becomes interesting.

LET THE CONJECTURE AND SPECULATIONS BEGIN!!!

Originally Posted by kiko

What the f*ck!

No change in the rate and everything perfectly set!

Seems to me that they do have a plan that everything has been set to execute that plan!

:

I am not surprised that the rate stayed the same. MY OPINION-I work for a government agency and would not want to have redo contracts etc the last day before a holiday. Perhaps, they let everything "ride", so they can get out of the office early today. Just a thought. Thank you. PS-Where is Adster and Knowles???

Originally Posted by DEAN

Hello all.

Can anybody give some info of were to buy some more IQD, I am having last minute thoughts that I need some more.

I am in the Uk and have tried most banks none have any in stock and dont no when there are getting more.

Link to buy with LIGHTING SPEED DELIVERY PLEASE!!!!!!!!!!!!!

Dean

Have you tried all of these? Barclays Bank, Royal Bank of Scotland, Nat West Bank and The Halifax Building Society. They're the only ones I know of. You could try contacting Travelex. I'm not at home at the moment so don't have the phone number at hand, you should be able to get it from their website. Sorry I can't be more helpful.

Good Luck!

megansgirl

Originally Posted by kiko

To me it's no coincidence that everything is set so perfectly at 1325 dinar to the dollar.

I got the feeling that Iraq is going to peg to the Euro.

If they shift the decimal 3 points it becomes: $ 1.325

This $ 1.325 is exactly 1.00 Euro and that is exactly a 1:1 level as the statements!

Hmmm.....!

I'm confused........

It is currently 1325 IQD = $1

so, if you move the decimal point 3 places it becomes

1.325 IQD = $1

or 1 IQD = $0.75 ( I'd still be happy, as a start anyway )

I'm pretty sure we've had this confusion before.......

Originally Posted by laurenr

I'm confused........

It is currently 1325 IQD = $1

so, if you move the decimal point 3 places it becomes

1.325 IQD = $1

or 1 IQD = $0.75 ( I'd still be happy, as a start anyway )

I'm pretty sure we've had this confusion before.......

Yep, you are right!

Maybe they swap it, just turn it around!

Can't still accept that everything is so perfectly set!