Thread: RV in June

I love looking at that Dinar rate, it has been dropping almost everyday now for whaT almost 9 days! Lov to see that! You all have a great day today! Hi Ho Hi Ho I'm off to work I go! Oh I have 9 days left of students, then I'm free for a bit!

Seems like they had the aution today to 1263. But I'm getting Cbiraq site is "parked free" again.

Originally Posted by SpongeDinars

Seems like they had the aution today to 1263. But I'm getting Cbiraq site is "parked free" again.

Working fine for me.

Khaleej Times Online >> News >> BUSINESS

UAE investors to establish banks in Iraq
(Wam)
hello,
I found below article here in Abudhabi of relevance to us.
Cheers,
Nawal
5 April 2007
ABU DHABI — An Iraqi official has disclosed that intensives contacts are under way with UAE investors for the establishment of private or joint stock banks in Iraq.


Dr. Sanan Al Shabibi, Governor of the Central Bank, said that the negotiations might yield fruit in form of one or more Gulf banks in Iraq, pointing out that UAE and Gulf investors had shown great concern in benefiting from the tremendous opportunities provided by the Iraqi banking sector. He said that the Iraqi central bank has invested its $5 billion reserves in external markets, which are considered a basic step for marinating stability of the Iraqi dinar, adding that the movement of the Iraqi currency would depend on the entry or exist of Iraq of foreign currencies

Number of banks 16 ----- Auction price selling dinar / US $ 1263 ----- Auction price buying dinar / US $ 1261 ----- Amount sold at auction price (US $) 60.475.000 ----- Amount purchased at Auction price (US $) 2.000.000 Total offers for buying (US $) 60.475.000 ----- Total offers for selling (US $) 2.000.000 -----

That was for those who want news. Now, to our auditions:

Dr. Sanan Al Shabibi, Governor of the Central Bank, said that the negotiations might yield fruit in form of one or more Gulf banks in Iraq, pointing out that UAE and Gulf investors had shown great concern in benefiting from the tremendous opportunities provided by the Iraqi banking sector. He said that the Iraqi central bank has invested its $5 billion reserves in external markets, which are considered a basic step for marinating stability of the Iraqi dinar, adding that the movement of the Iraqi currency would depend on the entry or exist of Iraq of foreign currencies

Originally Posted by rvalreadydang

"There is plenty of info on the news thread, we contribute quite a bit, threads like this are good to let off steam or just have fun to ward off boredom

That is what the Crazy thread was set up for....

Originally Posted by Lunar

That is what the Crazy thread was set up for....

well this didn't start off crazy, it just kind of took it's own personality on...but you do have a point, lol but on the other hand it is already crazy, i could go on and on and now i'm confused so i'll shut up now, LOL

I thought the crazy thread was set up for all this idle chit chat and going off subject am i wrong??

Originally Posted by rvalreadydang

well this didn't start off crazy, it just kind of took it's own personality on...but you do have a point, lol but on the other hand it is already crazy, i could go on and on and now i'm confused so i'll shut up now, LOL

After the "breath holding" week with CBI in park we all need a little break to let off steam. Anything in the rumor threads works for me at this point to just let my hair down. Oh where did Rapunzel go she is supposed to be letting her hair down, I forgot.