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

Blair to visit Whitehouse on 12-7 to speak with Bush about Iraq, free-trade and Darfur.

Originally Posted by Inscrutable

Micheal Bolton resigns.

Thank God, I hated that "when a man loves a woman" song.

LOL, 'How am I supposed to live without you'?!

Maliki ordered regardless sums of money to the families of the victims and the wounded

(Voice of Iraq) - 04-12-2006
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Maliki ordered regardless sums of money to the families of victims of the bombings and casualties Chest

Prime Minister Nuri al-Maliki today, Sunday, regardless sums of money to the families of victims of the bombings and wounded in the chest yesterday, Saturday, Baghdad.
The area witnessed three chest Car Show bomb explosion claimed the lives of 60 people and injured 90 others. according to medical sources and security

This statement was in an article entitled "a member of the coalition that will include 13 ministers. Talabani : walk to the government reshuffle. get ready for the mobilization of hundreds of thousands in the war on terrorism".

The cabinet reshuffle on the government intends to vote, Talabani said, "We are proceeding towards government reshuffle to improve performance, emphasizing that it would start a plan to strengthen security actors. "
He added : "This will allow us to mobilize hundreds of thousands of security elements to confront terrorism.

Translated version of http://www.uruklink.net/

WOW...That many "security elements" should be able to sweep out the garbage huh?

Cheers!
DayDream

Originally Posted by Adster

LOL, 'How am I supposed to live without you'?!

Oops! I meant John Bolton, we'll still have to live with him.

Originally Posted by kiko

The decline in the demand for dollar
Baghdad - (Voices of Iraq)

Decreased demand for the dollar purchase auction in the Central Bank of Iraq today, Monday, recording six million and $ 500 thousand versus seven million yesterday, Sunday,.

The bulletin issued by the Central Bank of Iraq today that the amounts sold by the bank were fully in the form of remittances were covered by the full exchange rate reached 1430 dinars, down three points on the exchange rate yesterday.

Conversely made seven banks to participate in the auction, bids for the sale of one million and 930 thousand dollars, the bank bought a full exchange rate amounted to 1428 dinars to the dollar.

He said Mr. Ali Yasiri, a dealer with the Central Bank said in a statement to the Iraqi News Agency (Voices of Iraq) Independent today that the exchange rate is equal to the sale price of the dollar in the local market. It is 1430 dollars, That price is the sale price amounts to a few, The large amounts, the rate of exchange which could be less, about 1420 dinars.

He said that in any case, this convergence of the exchange rate if it settled on the No. soon it will encourage the purchase of return close to the previous rates.

ÏæáÇÑ-(ÅÞÊÕÇÏ) :: Aswat al Iraq :: Aswat al Iraq


I like the statement "return close to the previous rates"!!

WoOTTTTT!!!!!!!!

Council of Ministers-the Minister of Finance discussed with the Japanese ambassador

(Voice of Iraq) - 04-12-2006
This issue was sent to a friend

The Republic of Iraq
The Cabinet-governmental organizations - the Communications Media Relations-Press Release Press release

Finance Minister discuss with the Japanese ambassador in the final stages of launching the Japanese loan for the implementation of large projects for reconstruction in Iraq

He met with the Minister of Finance, Mr. Baqir Jabr strike with the Japanese ambassador in Iraq. It was during the meeting, which was attended by Minister Altenanning discuss the final stages of the Japanese loan to Iraq and the actions taken to implement large projects earmarked for them.

The minister pointed out that the contract will be signed early next week after obtaining approval from the Council of Ministers to authorize the Minister of Finance to sign it to be forwarded to the House of Representatives for approval.

For his part, the Japanese ambassador expressed his country's keenness to develop cooperation between the two friendly countries and the contribution of Japanese companies in the rebuilding of Iraq and the development of infrastructure which, the Japanese government reaffirmed support to the government and people of Iraq a friend.

Originally Posted by kiko

The decline in the demand for dollar
Baghdad - (Voices of Iraq)

Decreased demand for the dollar purchase auction in the Central Bank of Iraq today, Monday, recording six million and $ 500 thousand versus seven million yesterday, Sunday,.

The bulletin issued by the Central Bank of Iraq today that the amounts sold by the bank were fully in the form of remittances were covered by the full exchange rate reached 1430 dinars, down three points on the exchange rate yesterday.

Conversely made seven banks to participate in the auction, bids for the sale of one million and 930 thousand dollars, the bank bought a full exchange rate amounted to 1428 dinars to the dollar.

He said Mr. Ali Yasiri, a dealer with the Central Bank said in a statement to the Iraqi News Agency (Voices of Iraq) Independent today that the exchange rate is equal to the sale price of the dollar in the local market. It is 1430 dollars, That price is the sale price amounts to a few, The large amounts, the rate of exchange which could be less, about 1420 dinars.

He said that in any case, this convergence of the exchange rate if it settled on the No. soon it will encourage the purchase of return close to the previous rates.

ÏæáÇÑ-(ÅÞÊÕÇÏ) :: Aswat al Iraq :: Aswat al Iraq


I like the statement "return close to the previous rates"!!

I wonder how soon, soon is????? Hopefully this week.

Within the first page : policies against inflation. New reduction in the rate of the dollar against the Iraqi dinar

Baghdad / long

In spite of the heavy participation HUH? in the daily dollar auction organized by the Central Bank of Iraq on the three banks only achieved a new reduction circulation of the dollar against the increase in the price of the Iraqi dinar as it reached 1433 dinars to the dollar low ID rate last meeting of the auction last Thursday

While some seven million dollars for a million by the bank at a price of $ 1431, The observers are expected to play a role in those actions reduce the cost of goods and services to absorb inflation, which has become intractable obstacle to cruise Economic Mechanism.

Translated version of http://www.uruklink.net/

Heavy Turnout? Observers expected to play a role?

Cheers!
DayDream

Iraq-Currency :: Aswat al Iraq :: Aswat al Iraq

Iraq-Currency

Posted by: saleem on Monday, December 04, 2006 - 01:43 PM

Iraq-Currency Higher dollar demand expected in Cenbank auctionBaghdad, Dec 4,

(VOI) – Buying demand for U.S. dollars was lower in the Iraqi central bank daily auction on Monday, though dealers expected an imminent high demand for buying dollar in the auction.The Cenbank said in its daily statement the dollar demand reached $6.500 million compared to $7 million on Sunday.The central bank covered all bids received from local banks which were $6.500 million in foreign transfers.

The dollar rate continued its down trend dinars as the central bank moved on with the revaluation of the local currency.The exchange rate was at 1,430 dinars per dollar, three dinars down from Sunday’s session.Seven banks that participated in the auction offered to sell 1.930 million dollars.Mr. Ali al-Yasseri, exchange company owner, told the independent news agency Voices of Iraq (VOI) “the central bank offered to sell dollar today with an exchange rate of 1,430 dinars which is equal to that of the local market.”Mr. Yasseri expected the higher demands for buying dollars soon at the Central Bank auction as the exchange rate offered by the bank is almost equal to that of the local market