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

Originally Posted by day dreamer

Announcement No.(805)

D.G. of Foreign Exchange Control

The 805 daily currency auction was held in the Central Bank of Iraq day Tuesday 2006 / 11/ 14 so the results were as follows :

Details Notes
Number of banks 15 -----
Auction price selling dinar / US $ 1460 -----
Auction price buying dinar / US $ ------ -----
Amount sold at auction price (US $) 62.540.000 -----
Amount purchased at Auction price (US $) ------
Total offers for buying (US $) 62.540.000 -----
Total offers for selling (US $) ------ -----

Cash amounts sold to the bank and its customers were USD(32.910.000) at a rate of(1460+1+10=1471)IQD\USD .
The amount sold to make transfers abroad was USD (29.630.000) at a rate of (1460-2)+ one dinar as a bank fee and exempt the transferred amount from conversion fee.

the amounts...

The Office of the President denied to meet with President Talabani, Abdul Halim Khaddam
November 13, 2006




Kuwaiti newspaper published in its issue on Monday, 11 - 13-2006 news item about an alleged meeting between President Jalal Talabani and Mr. Abdel Halim Khaddam and during the recent visit of President Talabani of France.


And the Office of the President confirms that the news is unfounded and that the Iraqi leadership does not provide support for organizations opposed to the current regime in Syria.
The Office confirms that President Talabani looks forward to meeting with our brothers in Syria, in order to improve and develop relations between the two countries.

The name of God the Merciful
The Republic of Iraq
Prime minister
Media Bureau
Monday 13 / 11 / 2006

Mr. Prime Minister Receives John Abizaid


Prime Minister Nuri Kamel al-Maliki in his office official in Baghdad today, the Commander of Central Command of the American Forces John Abizaid. The new General Abi Zeid, Mr. Prime Minister, the commitment of American President George Bush, the success of the political process in Iraq.
The commander of the Central Command of the multinational forces keen on the continuation of cooperation with the Iraqi government for the rehabilitation of the armed forces to be able to take over the security file in all Iraqi governorates.
It was discussed during the meeting on the impact of the neighboring countries to the security situation in Iraq.

The Republic of Iraq
Council of Ministers-the governmental communications
Media Relations
Press Release /Press release
Monday 11 - 13-2006
Deputy Prime Minister Dr. Barham Salih meets
Governor and the President of the Al-Anbar governorate and discuss with them ways To speed up the reconstruction of cities and counties to maintain
He met with Deputy Prime Minister Barham Salih with the governor of Anbar M'mon Sami Alaloni and President of the Provincial Dr. Abdul Salam Mohammad, and a number of officials in the province.
It was during the meeting discussed ways to speed up the reconstruction of the cities and counties in the areas of maintaining municipal services, health, electricity and security in addition to finding solutions that would prompt delivery of ration and fuel for its people.
And Dr. Barham Salih instructed him to accomplish these tasks, praising officials strive for the preservation and the positive and fruitful cooperation between the government and the Save the clans Anbar.
Transfer to greet the governor and the people of Anbar and aspirations to live in the city and the regencies of peace and security. They stressed that THEIR GOVENORATE will remain part of the new Iraq can not for the remnants of the forces of terrorism to thwart the resolve of the city's residents and the government come to security and prosperity in the city.
It is noteworthy that the Committee on Economic Affairs in the Council of Ministers had allocated $ 75 million to speed up the reconstruction of the governorate, in addition to the amount of 46 billion dinars regions where development projects are maintained in the past period and dozens of projects that are under way and other projects will be worked out during the coming period.

Originally Posted by day dreamer

Announcement No.(805)

D.G. of Foreign Exchange Control

The 805 daily currency auction was held in the Central Bank of Iraq day Tuesday 2006 / 11/ 14 so the results were as follows :

Details Notes
Number of banks 15 -----
Auction price selling dinar / US $ 1460 -----
Auction price buying dinar / US $ ------ -----
Amount sold at auction price (US $) 62.540.000 -----
Amount purchased at Auction price (US $) ------
Total offers for buying (US $) 62.540.000 -----
Total offers for selling (US $) ------ -----

New Page 1

I would to inform all the stockholders of Baghdad Bank that the report of the managing council 2004 was prepared according to the demands of Central Bank of Iraq to balance US dollar price to0.310 ID instead of its real value (1460) ID per 1 US dollar, so, the report and general budget do not necessarily reflect the actual situation of Baghdad Bank and the volume of economical incoming indexes, so, this report was issued in order to meet the demands of the rules and instructions

ITS NEVER BEEN 1460 BEFORE!!! what im thinkin is maybe just like BOB said they are going to change it to .31ID FROM 1460. now that its finally there...

Hi here are the latest numbers from CBI

Hmmm Odd seems like only buying dinar today????????????????????

Action price selling 1460 hope this is not the value after R/V

Announcement No.(805)

D.G. of Foreign Exchange Control

The 805 daily currency auction was held in the Central Bank of Iraq day Tuesday 2006 / 11/ 14 so the results were as follows :
Details
NotesNumber of banks15-----
Auction price selling dinar / US $1460-----
Auction price buying dinar / US $-----------
Amount sold at auction price (US $)62.540.000-----
Amount purchased at Auction price (US $) ------
Total offers for buying (US $)62.540.000-----
Total offers for selling (US $)-----------

• Cash amounts sold to the bank and its customers were USD(32.910.000) at a rate of(1460+1+10=1471)IQD\USD .
• The amount sold to make transfers abroad was USD (29.630.000) at a rate of (1460-2)+ one dinar as a bank fee and exempt the transferred amount from conversion fee.

Sorry for any mis spelling I'm in a hurry.

What do we all make of todays auction folks..... 1460 is good, hoping it could have been better but coming down slowly..... i think we were hoping for the other figure to be at least double in the region of yesterdays auction.....

Originally Posted by mike brown

the 10K handout delay, makes sense I guess, but what about the FIL, I thought that it was mandatory after 30 days it would take effect? Why is there nothing anywhere on this?

Has anyone emailed warka asking about this?

Just received an email today from them in regards to my last purchase list here it is....

"Dear Mr. @@@,



It is always a pleasure to receive your emails and to be of services.



This order was executed by my ISX department on the 8th of November 2006 details of which will be provided within the next two days at the most.



Your shares will be transferred to your good name once the law is implemented. The clauses of the law are still being finalized.



Many thanks and best regards,



M@@@@@@@ @. @@@a

Manager

International Foreign Relations Dept.

Will keep everyone updated

Originally Posted by shotgunsusie

New Page 1

ITS NEVER BEEN 1460 BEFORE!!! what im thinkin is maybe just like BOB said they are going to change it to .31ID FROM 1460. now that its finally there...

Nice find. Let's hope it's true and they will do it like that, just going back as they came in.

I am reading this as $1 = 0.31 ID so 1 NID = $ 3.22 correct me if am wrong or tell me what I won when I am right!

That's not bad at all.

COMPARISON OF LAST 7 AUCTIONS....ANY IDEAS OR THOUGHTS.

Number of banks:
11/2/06 (16)
11/7/06 (14)
11/8/06 (20)
11/9/06 (14)
11/12/06 (10)
11/13/06 (17)
11/14/06 (15)

Auction price selling dinar / US
11/2/06 $1470
11/7/06 $1468
11/8/06 $1466
11/9/06 $1465
11/12/06 $1465
11/13/06 $1465
11/14/06 $1460

Auction price buying dinar / US
11/2/06 $ ----- -----
11/7/06 $1466
11/8/06 $1464
11/9/06 $------ -----
11/12/06 $1463
11/13/06 $1463
11/14/06 $------ -----

Amount sold at auction price (US $)
11/2/06 70.245.000
11/7/06 109.150.000
11/8/06 97.010.000
11/9/06 70.180.000
11/12/06 24.880.000
11/13/06 110.265.000
11/14/06 62.540.000

Amount purchased at Auction price (US $)
11/2/06 -----
11/7/06 3.000.000
11/8/06 3.000.000
11/9/06 ------
11/12/06 2.500.000
11/13/06 2.600.000
11/14/06 ------

Total offers for buying (US $)
11/2/06 70.245.000
11/7/06 109.150.000
11/8/06 97.010.000
11/9/06 70.180.000
11/12/06 24.880.000
11/13/06 110.265.000
11/14/06 62.540.000

Total offers for selling (US $)
11/2/06 ----- -----
11/7/06 3.000.000
11/8/06 3.000.000
11/9/06 ------ -----
11/12/06 2.500.000
11/13/06 2.600.000
11/14/06 ------ -----

US Dollar
USD
11/2/06 1470.000
11/2/06 1469.265
11/7/06 1470.000
11/7/06 1469.265
11/8/06 1468.000
11/8/06 1467.266
11/9/06 1466.000
11/9/06 1465.267
11/12/06 1465.000
11/12/06 1464.268
11/13/06 1465.000
11/13/06 1464.268
11/14/06 1465.000
11/14/06 1464.268