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

Originally Posted by shotgunsusie

that line means selling dinar to the dollar at this rate, NOT literally sellng dinar. hence why its written dinar/US. if they sell dollars how do they write the rate if not like this? this is how many dinar we are trading for this many usd.

they pump oil out of the ground at HUGE rates and that oil is priced in DOLLARS. they sell oil for DOLLARS. that would give them one heck of a surplus of DOLLARS. they dont want that surplus of DOLLARS so they SELL EM AT AUCTION. and to determine what they get paid for it they correlate the dollar amount of the dinar.

No offense, but who started this interpretation?

Is there a link or an official statement regarding the verbage used in the auctions?

Maybe I'm too literal. maybe official banking websites aren't supposed to be taken literally?

Whatever the case may be, the fact the exchange rate is climbing in our favor bodes well for everyone!

Thanks again!

Other thoughts outside of the dinar forum world:

Iraq Dinar Continues Tear

November 20, 2006, 9:16 am
By Andrew L. Jaffee

Yes, I updated my last chart (see website for chart) specifying the Iraqi dinar/U.S. dollar exchange rate, as the fledgling currency continues its tear, gaining value. When I last reported, the dinar was trading at 1465 to the dollar. Today, it is trading at 1449, gaining almost 2% in value since July. Again I ask: With all the bad news, why is the dinar going up? What are the currency markets telling us? We’re well past the dinar speculation craze of 2-3 years ago. Something meaningful is going on here. I can only speculate (not a pun, nor a currency transaction).
Here are a few ideas:

Iraqi Prime Minister Nouri al-Maliki is sacking the current oil minister, as Hussein al-Shahristani “lacks knowledge of the Iraqi oil sector.” Another job handed out based on patronage? Time for some real world experience.

“Iraq’s Shi’a-led government ordered the arrest of the country’s most prominent Sunni cleric on Thursday on suspicion of terrorism, a move that could further raise sectarian tension amid a rash of kidnappings and killings.” Maybe it will ease tensions, and show that the current government means business.

Japan announced its intention of buying Iraqi oil.

The Shiite-dominated government has finally held its own members accountable for involvement in torture, and Saddam’s former #2 has ordered Baathist groups to cease terrorist attacks.

netwmd.com - The War to Mobilize Democracy » Blog Archive » Iraq Dinar Continues Tear

Cheers!
DayDream

Originally Posted by Elfwizard

Nope just been watching it for 3 years, they don't do much very quickly thats for sure.

Keep waiting, Keep Waiting.

It may happen.

Maybe not

Its a gamble

ive been watching the same 3 years.

Originally Posted by AlwaysDreaming

Does anyone have a link to the iraq dinars prior to Saddam? The currency in the report do not have Saddams picture. The 1 dinar coin is similiar to the 25fils coin from the 70's. Thanks

Try this: Iraq - Iraqi Currency Gallery - Banknotes of Iraq - Iraqi Dinars Bank notes

Originally Posted by $onedaysoon$

hate to prove this wrong but
the 10 is old 1982 http://www.iraqidinars.com/images/435_IQ71.jpg

the 5 is old 1982
Google Image Result for http://www.iraqidinars.com/images/435_IQ71.jpg

cannot find a one dinar note that looks the same

one dinar coin follow link bottom second in from left looks just like the one in your link
iraq 1 dinar coin - Google Image Search

LOOK BACK AT MY POSTS, I POSTED THE EXACT NUMBERS OF THE NOTES AND WHEN THEY WERE PRINTED.

Originally Posted by Hardwood

No offense, but who started this interpretation?

Is there a link or an official statement regarding the verbage used in the auctions?

Maybe I'm too literal. maybe official banking websites aren't supposed to be taken literally?

Whatever the case may be, the fact the exchange rate is climbing in our favor bodes well for everyone!

Thanks again!

who started it? didnt i just post it? logic would then lead you to believe ITS MINE.

would someone please read all the posts before commenting on whats the latest post when you come to the forum? see if someone else said exactly what you said maybe forty times already. go to the last post viewed by you and move forward from there, do NOT click on the most recent post and work backward.

PLEASE

Originally Posted by day dreamer

I'm not able to find the dinars what page or what do i do to see them???

Just keep scrolling through the document...slowly.

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Maliki : Members of the government and the militias supporting terrorism and to step down
Sources
Al-Maliki accused during his meeting with the military leaders in Baghdad, some members of the government and parliament that they have relations with the militias, terrorists, and asked them to step down. The Iraqi politicians to be real partners in good times and bad politicians do not in the daytime with the militias and terrorist organizations and Sadamiin at night. And these politicians bear the responsibility of blood by elements of the Iraqi armed forces since the crisis the country is experiencing political, not security. He added «not the position of our doctrine or party, But all these affiliations must melt before the Iraqi identity big »noting that the military and political to act according to this fact». He called on all politicians to «assume their responsibilities as partners in the political process without selectivity or leave the responsibility to those who are better able to afford». Addressing military leaders saying : «You Takhoddoun two wars in that : first against the terrorist gangs and organized forces that want to impede the political process and the remnants Sadamiin and strong wills and interests behind these forces, The two Khodkm the midst of building the Iraqi armed forces on the basis of new values of democracy, pluralism and freedom and respect for good citizenship ».

Morningstar - Dow Jones & Company, Inc.: UPDATE: UN Chief Annan: US Is "Trapped In Iraq"

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Sotaliraq.com

Family Security Matters

Winning in Iraq impossible: Kissinger-Rest of World-World-NEWS-The Times of India

MENAFN - Middle East North Africa . Financial Network

In Basra, Iraqi Nationalism Remains Proud and Articulate :: from www.uruknet.info :: news from occupied Iraq - it

Pentagon considers short-term increase in Iraq troop levels - Americas - International Herald Tribune

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MENAFN - Middle East North Africa . Financial Network