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

Originally Posted by Mike5200

Lifted this from IIF posted by fproano a few minutes ago:--------------------------------------------------------------------------------

Wow this is a strange little story, Why did she DEMAND one Dinar? whats does she know I don't! Do they have a one dinar? I have never seen one.

Six weeks in a war zone

I followed her as she made her way to another woman in a booth that I thought had said Airport TAXI. Turns out it said Airport TAX. "One dinar," the woman demanded. "American money?" I asked. "No," she said. "One dinar." I pulled out a dollar bill and handed it to her. She took it and gave the documents to the other woman, who put a stamp on my boarding pass.
__________________
Sorry can't get link for rest of story to work here!

Here's the link

Six weeks in a war zone


Where was he supposed to get 1 dinar?

Originally Posted by Mike5200

Lifted this from IIF posted by fproano a few minutes ago:--------------------------------------------------------------------------------

Wow this is a strange little story, Why did she DEMAND one Dinar? whats does she know I don't! Do they have a one dinar? I have never seen one.

Six weeks in a war zone

I followed her as she made her way to another woman in a booth that I thought had said Airport TAXI. Turns out it said Airport TAX. "One dinar," the woman demanded. "American money?" I asked. "No," she said. "One dinar." I pulled out a dollar bill and handed it to her. She took it and gave the documents to the other woman, who put a stamp on my boarding pass.
__________________
Sorry can't get link for rest of story to work here!

SHE PROBABLY DIDN'T KNOW HOW TO SAY DOLLAR
BECAUSE THE LADY HANDED HER $1 AND SHE TOOK IT.

Originally Posted by Mike5200

Lifted this from IIF posted by fproano a few minutes ago:--------------------------------------------------------------------------------

Wow this is a strange little story, Why did she DEMAND one Dinar? whats does she know I don't! Do they have a one dinar? I have never seen one.

Six weeks in a war zone

I followed her as she made her way to another woman in a booth that I thought had said Airport TAXI. Turns out it said Airport TAX. "One dinar," the woman demanded. "American money?" I asked. "No," she said. "One dinar." I pulled out a dollar bill and handed it to her. She took it and gave the documents to the other woman, who put a stamp on my boarding pass.
__________________
Sorry can't get link for rest of story to work here!

try this one
Six weeks in a war zone

Originally Posted by lndmn_01

Here's the link

Six weeks in a war zone


Where was he supposed to get 1 dinar?

Why did she ask for 1 dinar?

Originally Posted by ozizoz

Have we had any news on the distribution of smaller denoms? What is the US Distribution Unit up to? Where are they billited these days?

Enquiring minds want to know

they are in iraq somewhere. lol

From Travelex.com:

Members of AAA™ and other affiliated automobile clubs around the world are entitled to 25% commission discount on sales and purchases of foreign currency, travelers cheques, and the service fee on wires and drafts. Members simply show their membership card to save.
Could save a buck or two on currency exchange

Interesting
nabbed this from a arab forum. Date on the fourm says oct. 12th @ 12:05am...This was translated, of course

Movable Lifting zeroes between the Iraqi dinar and the need psychological influences Alaghtassadihalmqetrah still under study in light of the objective conditions Source : homeland Kuwaiti-04 / 08 / 2006 The effects of the proposal made by the Minister of Finance Iraqi statement Jabr Al-Zubaydi show three zeroes of the value of the Iraqi dinar is a lot of confusion in the foreign exchange market, With only the Central Bank said Al can be evaluated after studying the proposal in the light of current economic conditions and future in Iraq », Replying to a question from the Al Watan ». In a written reply informed by the Central Bank Governor Sinan Al-Shabibi, A source in the bank authorized that the proposal comes in the framework of the constant follow-through to the Central Bank and its functions and procedures set out in its monetary policy to achieve the objectives of stability and the reduction of inflation and strengthening of the position of the Iraqi dinar, maximizing its purchasing power, according to the time lines to delineate the economic future of Iraq through short medium and long-term without neglecting the short term. The Minister of Finance had said in a press statement saying that the value of the Iraqi dinar is related to the monetary policy and the political responsibility of the Iraqi Central Bank and the Ministry of Finance is responsible for financial policy ». He added, "I proposed to the Central Bank Governor Sinan Al-Shabibi need to raise the value of the Iraqi dinar and return to normal through the raising of three zeroes from», He said that the IMF supports the decision of the Iraqi dinar, the existence of a cover Mali to the Central Bank of Iraq, The $ 11 billion to support the value of the Iraqi dinar and the cover is rarely parallels exist in the countries of the third world ». Objective factors However, the source was authorized in the Central Bank, told Al Watan »said," raise the value of the Iraqi dinar and the promotion of exchange rates against the dollar, there can only be done within the objective conditions of the Iraqi economy in the macro aspects, in particular, the role of the real sector and its contribution to the development of Alenaj domestic product. in addition to raising employment rates in the economy's productive potential and reduce unemployment levels, to achieve the objectives of the national economy in the growth and stability ». The source said the banking Al importance of the accumulation of foreign assets enhanced the value of the Iraqi dinar and to allow coverage of the requirements of the development process and needs of foreign currencies and to achieve diversifying the sources of national income and reduce the dependence of the country on oil resources and allowed at the same time encouraging local investment and the flow of only Stthmar foreign to contribute to the reconstruction and economic development payment rates ». However, a high-ranking official in one of the banks eligibility, preferring not to be identified said that the talk about raising the exchange value of the Iraqi dinar is still early steps in the privatization of the Iraqi economy, he said that privatization applications were agreed upon in the Paris Club meetings which led to the reduction of the Iraqi debt by 80%. unfinished business - including the first phase only. The accumulation of $ 11 billion at the Central Bank it is only a drop in the ocean of debt and compensation and the financial obligations of the Iraqi state follies because the former regime, especially the Iraqi-Iranian war, Saddam's invasion of Kuwait. A financial expert, that the process of Iraqi currency to float against the dollar, completion of the first means to resolve issues of compensation and access to the advanced stage, Only then can think seriously such a proposal and the Ministry of Finance to raise three zeroes of the dinar's value. Psychiatric treatment Says Dr. Semsim peace, an economic expert at the center of Iraq's Information and International Relations that the process of raising three zeroes of the Iraqi dinar is »address psychological abstract without there being any real case of floating of the Iraqi dinar against the dollar, the so-called knowledge economy, in what is known as the (monetary illusion), The show is a need to reissue of the Central Bank because of debt and financial compensation imposed on the country ». Dr. Semsim believes, the Islamic specialized economy, that "Turkey and Italy had applied such a policy to issue new, and not to float the currency, so a package Almetbada less money to buy possessions, The rates, which remain within prices traded only in Iraq, without having an impact on the neighboring countries, because the size of the deficit in the current budget, the College, requires more demand for the national currency, while they remain currencies budget levels with the Iraqi dinar's value even after the lifting of the three zeros, , which is still talked about a proposal on the table for discussion ».

Yes, this is no new news to many out there but on my next post below..this is the reply of another person that was on the arab forum..will start another post cause i am sure this one is about full

Peace be upon you and God's mercy and blessings Http://www.alyaum.com/issue/article....12066&I=400363 The link above to talk about the proposal to equalize the Iraqi dinar U.S. dollar (note that the proposal only) In addition to enlighten me on Thursday on an interview conducted with the Iraqi minister of finance in this regard and across the Arab channel screen In short, to say that this proposed Ayaadoa being only improve the image of the Iraqi currency only Meaning : - In the event that the Iraqi Central Bank on the proposal to delete the proposal includes three zeroes of the Iraqi dinar, without increasing the value of the currency itself (Dinararaghi million) ((1000,000)) Delete the last three zeroes to become Katale ((1000) only thousand dinars = 1000 dollars 1000 = 3750 dollars SAR If a funeral adopt the proposed and approved by the Iraqi dinar = (SAR 3750 only) I hope that the picture will be clear now and the exploitation of the Itim news in a negative speculations of the currency might cause robbed ordinary people's savings in pursuit of quick wealth In this aspect, the Minister of Finance that in the event of Iraqi Adoption of the proposal and approve it, it will be the printing and issuance of a new currency instead of the current currency in the market. Greet and appreciation

Here is link to where I found this on the arab forum ßã ÓÚÑ ÇáÏíäÇÑ ÇáÚÑÇÞí - ãäÊÏíÇÊ ÃÚãÇá ÇáÎáíÌ

Any thoughts about this?

I have not seen this before...I am not sure what it is implying?

What is your opinion on this translation and what it is pointing to?

Originally Posted by Texas_Tea

Peace be upon you and God's mercy and blessings Http://www.alyaum.com/issue/article....12066&I=400363 The link above to talk about the proposal to equalize the Iraqi dinar U.S. dollar (note that the proposal only) In addition to enlighten me on Thursday on an interview conducted with the Iraqi minister of finance in this regard and across the Arab channel screen In short, to say that this proposed Ayaadoa being only improve the image of the Iraqi currency only Meaning : - In the event that the Iraqi Central Bank on the proposal to delete the proposal includes three zeroes of the Iraqi dinar, without increasing the value of the currency itself (Dinararaghi million) ((1000,000)) Delete the last three zeroes to become Katale ((1000) only thousand dinars = 1000 dollars 1000 = 3750 dollars SAR If a funeral adopt the proposed and approved by the Iraqi dinar = (SAR 3750 only) I hope that the picture will be clear now and the exploitation of the Itim news in a negative speculations of the currency might cause robbed ordinary people's savings in pursuit of quick wealth In this aspect, the Minister of Finance that in the event of Iraqi Adoption of the proposal and approve it, it will be the printing and issuance of a new currency instead of the current currency in the market. Greet and appreciation

Here is link to where I found this on the arab forum ßã ÓÚÑ ÇáÏíäÇÑ ÇáÚÑÇÞí - ãäÊÏíÇÊ ÃÚãÇá ÇáÎáíÌ

Any thoughts about this?

Looks like he's saying, that according to a television interview with the MoF they want to lop and reprint.