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  1. #71
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    new CBI rate 1277

    Its going donw baby!!!!

  2. #72
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    1,219.00 Dinar = 1 USD

    source: OANDA Interbank rate

  3. #73
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    Thumbs up Fellow Dinar Gangs

    Hi. Fellow dinar gangs it's good to be back. I'm not a person who post lots of informations about whats happening to Iraq/dinars. It's good to see all this great informations from many. I like to thank you. I was in army and some of my friends are in iraq as I write this. One of my friend called me last time and we were talking and he told me Iraq is improving every day. And should hang-on to dinars no matter what i hear. I asked him why, and he said he heard iraqi citizen talking about RV. I asked him if he heard "dinar will RV" or citizen "wants to RV". And he said, he hear RV. But didn't know exactly what they were talking about. So he just told me hang on to dinars as long as I can. It just might happen real soon. I believe something is about happen.
    Lets hope for the best!!! Is there a Wooooot WWooot Wootttt song? so I can sing my way to RV Party?

  4. #74
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    Quote Originally Posted by SpongeDinars View Post
    Hi. Fellow dinar gangs it's good to be back. I'm not a person who post lots of informations about whats happening to Iraq/dinars. It's good to see all this great informations from many. I like to thank you. I was in army and some of my friends are in iraq as I write this. One of my friend called me last time and we were talking and he told me Iraq is improving every day. And should hang-on to dinars no matter what i hear. I asked him why, and he said he heard iraqi citizen talking about RV. I asked him if he heard "dinar will RV" or citizen "wants to RV". And he said, he hear RV. But didn't know exactly what they were talking about. So he just told me hang on to dinars as long as I can. It just might happen real soon. I believe something is about happen.
    Lets hope for the best!!! Is there a Wooooot WWooot Wootttt song? so I can sing my way to RV Party?
    Always like to hear positive talk.

  5. #75
    Senior Investor snottynose's Avatar
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    wooooooooooooooooooooooooooTT!!!
    There ya go!!
    Sarah!!

  6. #76
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    Quote Originally Posted by Countrygirl70 View Post
    Always like to hear positive talk.
    Agreed, its nice to hear other people have contact with someone who is actually on the ground.
    Leann

  7. #77
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    Thanks. Hang on! No matter What?

  8. #78
    Senior Investor Dinar Cha Ching's Avatar
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    Quote Originally Posted by screwball View Post
    new CBI rate 1277

    Its going donw baby!!!!
    Announcement No.(878)

    D.G. of Foreign Exchange Control

    The 878 daily currency auction was held in the Central Bank of Iraq day Wednesday 2007/ 3/ 7 so the results were as follows :
    Details Notes
    Number of banks 12 -----
    Auction price selling dinar / US $ 1278 -----
    Auction price buying dinar / US $ ----- -----
    Amount sold at auction price (US $) 66.260.000 -----
    Amount purchased at Auction price (US $) -----
    Total offers for buying (US $) 66.260.000 -----
    Total offers for selling (US $) ----- -----

    CBI rate for March 7, 2007 is 1278
    Please, somebody shoot the messenger!

  9. #79
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    Quote Originally Posted by SpongeDinars View Post
    Hi. Fellow dinar gangs it's good to be back. I'm not a person who post lots of informations about whats happening to Iraq/dinars. It's good to see all this great informations from many. I like to thank you. I was in army and some of my friends are in iraq as I write this. One of my friend called me last time and we were talking and he told me Iraq is improving every day. And should hang-on to dinars no matter what i hear. I asked him why, and he said he heard iraqi citizen talking about RV. I asked him if he heard "dinar will RV" or citizen "wants to RV". And he said, he hear RV. But didn't know exactly what they were talking about. So he just told me hang on to dinars as long as I can. It just might happen real soon. I believe something is about happen.
    Lets hope for the best!!! Is there a Wooooot WWooot Wootttt song? so I can sing my way to RV Party?
    I sure hope so! Thanks for this post.

  10. #80
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    I found this on newiraqcurrency.com. I dunno if this is considered a viable source for information, but it "looked" really credible to me. You may have already seen this, but it's really looking good for us. In the Iraqi's minds, the RV is a done deal. It just has not come to fruition yet. If you haven't seen this already, read thru it. I'm not a big time investor or anything. I'm just looking for something - "anything" - to add credibility to this investment. The below article does that for me.


    الرئيسية : محافظ البنك المركزي: ميزانية هذا العام ركزت على زيادة حجم الاستثمار في العراقKey : Governor of the Central Bank : This year's budget focused on increasing the volume of investment in Iraq


    بغداد ـ علي جاسم:Baghdad : Ali Jasim
    اوضح الدكتور سنان الشبيبي محافظ البنك المركزي بأن ميزانية هذا العام ميزانية استثمارية لانها ركزت على زيادت حجم الاستثمار.Dr. Sinan Shabibi Governor of the Central Bank that this year's budget, the budget investment because it focused on the size of the investment Ziada.
    واكد الشبيبي بأن دور البنك المركزي يتمثل في معالجة الاختلال الذي سينجم عن عملية التنمية التي ستتمخض عن تغييرات في البنية الاقتصادية الارتكازية.And Shabibi said that the Central Bank's role is to address the imbalance resulting from the development process that will produce changes in the the economic infrastructure master.


    مشيرا الى ان عمل البنك المركزي هو تحقيق التنمية في بيئة نقدية مستقرة من خلال الاهتمام بكل الوسائل والسياسات التي تحقق الاستقرار الاقتصادي واعتدال البيئة السوية ونسبة تضخم معتدل.He pointed out that the work of the Central Bank is to achieve development in a stable monetary attention through all means and policies achieve economic stability and moderation in the environment straight and moderate inflation rate.
    وتابع: ان علاقتنا بالميزانية تتعلق بالحفاظ على مواردها، ويتم ذلك عن طريق مكافحة التضخم.He continued : "Our budget for the preservation of resources, and will be achieved through combat inflation.
    مؤكدا بأن البنك قام بالعديد من الاجراءات ومنها رفع سعر صرف الدينار.Stressing that the bank had several measures including raising the exchange rate of the dinar.
    مشيرا الى ان هذا الاجراء اثر على الميزانية من خلال التأثير على القدرة الشرائية للحكومة، وسيزداد من خلال معالجة التضخم.He pointed out that the impact of this action on the budget through the impact on the purchasing power of the government, will increase by addressing inflation.
    واضاف الشبيبي: ان هذه السياسة ستعمل على زيادة الثقة بالدينار مما سيسحب نوعا من الاموال للقطاع المصرفي وترشيد الانفاق الحكومي لما له من تأثير على التضخم.He added Shabibi : Such a policy will increase the confidence dinars, which will pull some of the money to the banking sector and the rationalization of government spending for it the impact on inflation.
    منوها الى ان هذا الاجراء يؤدي الى خفض اسعار سلع الاستيراد مثل استيراد القطاع الخاص واستيرادات الحكومة للتنمية التي تأتي من تحويل الدينار العراقي الى دولار.He indicated that this action will lead to the reduction of prices of import goods such as private sector imports and the import of the government's development comes the transfer of the Iraqi dinar to the dollar.
    واضاف بأن هذه السياسة في الوقت الذي تضعف من قدرة الحكومة على شراء الدينار فإنها تقوي الدينارالعراقي الذي تملكه الحكومة.He added that this policy at the time weakens the ability of the government to buy the dinar, it strengthens Aldenarabraghi owned by the government.
    مشيرا الى ان البنك يريد وسيلة تؤثر على السياسة الاقتصادية والنقدية من خلال جعل الدينار ذا قيمة وقوة.Pointing out that the bank wants as a means to affect the economic and monetary policy by making the dinar a valuable and powerful.



    Translated version of http://www.newsabah.com/paper.php?name=News&file=article&sid=24693

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