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

I think we need to calm down a little. Yes it could reval anytime but in case it doesn't Sunday, Monday etc, let's not get downbeat. I know we've had confirmations of banks dealing but let's wait and see. Hate to see folk down.

A couple of pages ago there was a link saying the oil law will be enacted before the end of the year. Now that does make the old juices flow! Makes me think a reval this year for sure and hopefully this month if not as soon as next week, but let's not get carried away yet.

Originally Posted by jedi17

I thought I had read that the GCC was going to have a monetary Union in 2010...so I think that it will be somewhat like the European Union in that they physically changed their monies all at once, giving people time to trade them in....I don't think that they will change the Physical NID soon...JMO

That was my understanding as well Jedi. But, the article states that the GCC appears to be ahead of schedule. That is what is prompting my question.

Originally Posted by webinvestor

I don't know where AME gets its info because there already is a 50.
The Notes are:
25,000
10,000
5,000
1,000
500
250
50

Coins are:
100
25

I don't know the amounts in circulation for each denomination but some smaller ones are out there (although what can you buy in Iraq for 25 Dinar!!).
Hopefully we'll see some smaller notes, like 100, 20, 10, 5 or more coins, such as 2 and 1!

Anyhow, i never saw that old web page...

I think the new denoms will be 1, 2, 5, 10 and 20s.

Originally Posted by Adster

I think we need to calm down a little. Yes it could reval anytime but in case it doesn't Sunday, Monday etc, let's not get downbeat. I know we've had confirmations of banks dealing but let's wait and see. Hate to see folk down.

A couple of pages ago there was a link saying the oil law will be enacted before the end of the year. Now that does make the old juices flow! Makes me think a reval this year for sure and hopefully this month if not as soon as next week, but let's not get carried away yet.

Damn....I like going to the beer store....one of the only great places a guy can shop

[QUOTE=Treater;133341]These are links talking about the 10000 dinar gift. Look through them and tell us what you find. Hope this helps.


Thank you but my company has put a block on, so I can't open those sites. Our friend said he read it on the forum about 5 am. He was even going to call and wake us up to tell us, and then he thought better. He thought it was posted by Susie or Adster
I have been reading for 2 1/2 hours and cannot find a darn thing!!!

[quote=TEXASGIRL;133354]

Originally Posted by Treater

These are links talking about the 10000 dinar gift. Look through them and tell us what you find. Hope this helps.


Thank you but my company has put a block on, so I can't open those sites. Our friend said he read it on the forum about 5 am. He was even going to call and wake us up to tell us, and then he thought better. He thought it was posted by Susie or Adster
I have been reading for 2 1/2 hours and cannot find a darn thing!!!

Not me. Far as I know they're going out on Sunday, but we've heard that before, LOL.

Originally Posted by jedi17

Damn....I like going to the beer store....one of the only great places a guy can shop

The ONLY ONE.

OK, I don't when this article came out, but by the article contents it came out sometime between august 2006 and now.

What do you guys make of this...

Translated version of http://www.alsabaah.com/paper.php?source=akbar&mlf=interpage&sid=31587

Next Sunday the distribution amounts violated in Babylon

Guinness Mesopotamia : Hilla / Amir Muhammad

Start Rafidain Bank branch Babel next Sunday regardless grant feast that had been endorsed by the Council of Ministers to grant citizens the occasion of the Eid al-Fitr holiday, said Mr. Hakim Hussein Jabr director of Rafidain Bank / Babylon saying this grant will be disbursed as of next Sunday, approved in 2006 / 11 / 12 for three months as a the agenda for stabilizing agents by the names and the date of payment of the grant families so that all citizens receiving and continue to exchange up to 2007 / 1 / 31, adding the purpose of getting rid of the fraud had been organized special restrictions of each family as a special Bank.

http://64.233.179.104/translate_c?hl.../nhr1110f.html

Could you repeat that just a little louder, I am a tad bit hard of hearing!

Originally Posted by Adster

Bout time we read this again before the weekend!!! Sus, give us a WOOOOOOTTTTTTTTTTT?!


On February 25, 2006, a source from the Central Bank of Iraq stated that "The exchange rate of the Iraqi Dinar will rise significantly against the US dollar during 2006, adding that all policies will be adopted to improve the exchange rate of the country's national currency."

Could you repeat that just a little louder,
I am a tad bit hard of hearing! Aaaaa!