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

Originally Posted by day dreamer

Voices of Iraq: Iraq-Currency
Posted by: nadioshka on Sunday, October 08, 2006 - 02:10 PM

Iraq-Currency
Iraqi central bank sells $74 million to meet high demand
Baghdad, Oct 8, (VOI) – Demand for dollars jumped some $25 million at the Iraqi Central Bank daily auction on Sunday to $74.365 million from $49.575 million in Thursday session.
The central bank said in its daily statement it covered all bids which were $33.105 million in cash and $41.260 million in foreign transfers.
The dollar exchange rate was 1,473 dinars, unchanged from Thursday.
Ali al-Yassery, owner of an exchange office, told the independent news agency Voices of Iraq (VOI) said the higher demand for dollars came as Eid al-Fitr, which marks the end of the month of fasting in the Muslim world, was approaching and people need U.S. currency to shop for the Eid.
It was also due to the security deterioration which prompts Iraqis to escape the country and buy hard currency, Yassery said.
A third reason he gave for he higher demand was the central bank weekend on Friday and Saturday.
DM

SGS is this Ali al-Yassery throwin up a smokescreen here? People need US currency to shop for the holiday?

Voices of Iraq : Parliament-a-lift
Nakr2004 wrote : On Sunday, 08 October 2006 1:57 PM-BT

The adjournment of the meeting of parliament until tomorrow
Baghdad - (Voices of Iraq)
The Chairman of the House of Representatives, Dr. Mahmoud Iraqi Almshahadani adjournment of the Parliament today, Sunday, Monday, until tomorrow to complete the discussion of the draft law on investment, The draft law on the provinces.
Parliament has debated its penultimate fourth session today a number of articles of the draft law on investment, The voice at the beginning of the meeting for the first time to lift the parliamentary immunity of a member of parliament Mashaan al-Jabouri of the reconciliation and liberation bloc because of accusations of corruption and financial administrative system.

Cheers!
DayDream

Originally Posted by Mike5200

SGS is this Ali al-Yassery throwin up a smokescreen here? People need US currency to shop for the holiday?

yeah it was a lame attempt huh, lol. dont know when iraqis started spending usd again when they shop but i could have sworn they discontinued use of the usd as a currency to make them a single currency country, oh, say, about a year ago???

they gotta realize we investors wake up PRETTY EARLY in the mornin!!
(that is IF we ever go to bed!)

Originally Posted by DayDream

Voices of Iraq : Parliament-a-lift
Nakr2004 wrote : On Sunday, 08 October 2006 1:57 PM-BT

The adjournment of the meeting of parliament until tomorrow
Baghdad - (Voices of Iraq)
The Chairman of the House of Representatives, Dr. Mahmoud Iraqi Almshahadani adjournment of the Parliament today, Sunday, Monday, until tomorrow to complete the discussion of the draft law on investment, The draft law on the provinces.
Parliament has debated its penultimate fourth session today a number of articles of the draft law on investment, The voice at the beginning of the meeting for the first time to lift the parliamentary immunity of a member of parliament Mashaan al-Jabouri of the reconciliation and liberation bloc because of accusations of corruption and financial administrative system.

Cheers!
DayDream

Okay....I may be a little slow today but when they are saying complete are we thinking done over with.....watch for the reval any minute between now and the meeting???? Or just wishful thinking....

Is here. http://www.rolclub.com/iraqi-dinar-d...stions-uk.html

Originally Posted by neno

Is here. http://www.rolclub.com/iraqi-dinar-d...stions-uk.html

sorry Neno, I just started another thread on "Avoiding NOT evading taxes"

Originally Posted by jsfletcher

sorry Neno, I just started another thread on "Avoiding NOT evading taxes"

I combined them and bumped the capitail Gains Thread up to. There is some good info in the Capitial Gains Thread all ready. We have just not been there in awhile. But I guess it is time to again.

Originally Posted by CharmedPiper

Okay....I may be a little slow today but when they are saying complete are we thinking done over with.....watch for the reval any minute between now and the meeting???? Or just wishful thinking....

dunno bout u but IM WATCHIN!! lol

neno Quote:
Originally Posted by jsfletcher
sorry Neno, I just started another thread on "Avoiding NOT evading taxes"


I combined them and bumped the capitail Gains Thread up to. There is some good info in the Capitial Gains Thread all ready. We have just not been there in awhile. But I guess it is time to again.

Hey guys and gals I'm thinking things are getting hot with anticipation. I know I am. Thanks Neno and jsfletcher.

Originally Posted by goldraker

Will it be the 10th - 12th or 15th!!!!!!!!!!!

I will take all three to play it safe!

The 10th would make sense! To do it before the signing!

I also like the 15th which is the 3 year anniversary!!!!!!!!!!

I think the 3 year anniversary date is what we been waiting for all this time!!!!!!!