Please visit our sponsors
Results 22,151 to 22,160 of 37617
-
10-11-2006, 04:21 PM #22151
- Join Date
- Jun 2005
- Posts
- 5,536
- Feedback Score
- 0
- Thanks
- 4
- Thanked 148 Times in 10 Posts
Zubaidi:Monetary value of the Iraqi dinar must revert to the previous level, or at least to acceptable levels as it is in the Iraqi neighboring states.
Shabibi:The bank wants as a means to affect the economic and monetary policy by making the dinar a valuable and powerful.
-
10-11-2006, 04:23 PM #22152
-
10-11-2006, 04:23 PM #22153
- Join Date
- Sep 2006
- Location
- Arizona
- Posts
- 187
- Feedback Score
- 0
- Thanks
- 10
- Thanked 126 Times in 8 Posts
ID exchange rate climbs
Baghdad, 10 November 2006 (NINA)
Iraqi Dinar's exchange rate made a slight increase on the Central Bank's auction for the third successive day, on Thursday. The US Dollar exchange rate was 1465 Iraqi Dinars on Thursday, whereas it was 1466 Iraqi Dinars on Wednesday.
-
10-11-2006, 04:26 PM #22154
- Join Date
- Sep 2006
- Posts
- 76
- Feedback Score
- 0
- Thanks
- 389
- Thanked 346 Times in 13 Posts
How Long Can They Keep the Lid On?
With as many Iraqis, Americans, worldwide speculators, governmental officials, Chase employees, Bank of America employees, G.I.'s, contractors,
billionaires who want to be multi-billionaires, swindlers, con artists, scammers,
CBI employees and officials, et cetera who know something about the probability of our imminent r/v burst, isn't it surprising that there haven't been more specific, serious leaks about the timing and amount of the r/v lately?
And isn't it surprising that rumors haven't spread like wildfire through Chase and Bank of America? J. P. Morgan Chase, for example, has about 170,000
employees. The White House has a hard time keeping secret what the main
course will be at Saturday night's dinner, and yet somehow the cat is still
basically in the bag on this speculation which, if we are right, dwarfs anything Wall Street has had to offer in the last hundred years?
Ezcash's report about bank employees may signal the beginning of such a
groundswell, but it is hard to tell.
Does anyone have an explanation for the presence of such relative calm on the eve of what I believe most of us view as a milestone event?
-
10-11-2006, 04:31 PM #22155
- Join Date
- Jul 2005
- Location
- FREEDOMLAND
- Posts
- 3,277
- Feedback Score
- 0
- Thanks
- 574
- Thanked 2,129 Times in 355 Posts
Many More
-
10-11-2006, 04:31 PM #22156
-
10-11-2006, 04:32 PM #22157
-
10-11-2006, 04:33 PM #22158
- Join Date
- Sep 2006
- Posts
- 271
- Feedback Score
- 0
- Thanks
- 1
- Thanked 176 Times in 24 Posts
-
10-11-2006, 04:34 PM #22159
- Join Date
- Jun 2005
- Posts
- 5,536
- Feedback Score
- 0
- Thanks
- 4
- Thanked 148 Times in 10 Posts
Zubaidi:Monetary value of the Iraqi dinar must revert to the previous level, or at least to acceptable levels as it is in the Iraqi neighboring states.
Shabibi:The bank wants as a means to affect the economic and monetary policy by making the dinar a valuable and powerful.
-
10-11-2006, 04:36 PM #22160
- Join Date
- Sep 2006
- Location
- Arizona
- Posts
- 187
- Feedback Score
- 0
- Thanks
- 10
- Thanked 126 Times in 8 Posts
Ali Allawi: the private sector's involvement in banking sector is negligible
Pointing out that investment opportunities are available but need to maintain security
10/11/2006
Source: Translated by IRAQdirectory.com
Iraqi ex-Minister of Finance, Ali Allawi, said that the Iraqi market in the private sector has little financial work which is mostly concentrated in the government sector, especially that it is linked to the budgets of the State.
Allawi explained that the current financial status of the country is good, oil revenues are reasonable and the budget is satisfying; however, there is some kind of a problem in Iraq which is not in the loss of financial resources, but in the way of using them to increase productivity and raise the standard of living.
He said that private banking sector and financial markets began to recover, but they need a period of stability before they take their natural course.
Allawi stressed that investment opportunities in Iraq are a lot, pointing out that the underdevelopment of the financial banking sector in the past requires large investments and development in order to do its part in the Iraqi economy.
He added that opportunities are available but they need political and security stability to achieve quantum leaps in the Iraqi economy. The State has inherited a series of procedural errors from: Saddam regime, the occupation authorities and the successive Iraqi governments which did not reform the administrative system and did not put strict regulations to run the State, and this granted access to the far and near to benefit from the finance of the State.
He said that corruption plays a great role in frustrating the economic growth that can only be amended by dealing strictly and without mercy with the parties who have contributed to the destruction of Iraqi economy.
About the stability in Iraq, exercising free economic and opening banks, Allawi said: "stability is linked to the security situation and the security situation is linked to the political situation which, in turn, linked to the adjustments that could occur among Iraqi parties". He added: "Iraqi people in all their components can reach a political solution that distributes roles, interests and responsibilities among the parties of society".
Prepared & Translated By:
IRAQdirectory.com Team
Iraq Daily Business Updates
He said that the losses of Iraq because of the absence of stability are estimated by 4.5 billion a year, including the State and enterprises due to sabotage, embezzlement and destruction.
-
Sponsored Links
Thread Information
Users Browsing this Thread
There are currently 155 users browsing this thread. (0 members and 155 guests)
24 Hour Gold
Advertising
- Over 20.000 UNIQUE Daily!
- Get Maximum Exposure For Your Site!
- Get QUALITY Converting Traffic!
- Advertise Here Today!
Out Of Billions Of Website's Online.
Members Are Online From.
- Get Maximum Exposure For Your Site!
- Get QUALITY Converting Traffic!
- Advertise Here Today!
Out Of Billions Of Website's Online.
Members Are Online From.