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

Originally Posted by ErelisLT

Iraqi Central Bank raises interest rates to 16%
November 29, 2006

A statement issued by the Central Bank said: "the index of consumer prices in Iraq in October 2006, express increase in the inflation rate by nearly 2.7% compared with September of the same year".


The statement added that the increase showed "diverse rises in the prices of all goods and services, reflected in one form or another at the level of annual inflation which witnessed a remarkable increase of about 9.52% according to the indicators of October compared to last September, about 6.51%".


The Central Bank noted that «in spite of the slight decline in the annual rate of inflation last October 2006, which was the index of consumer prices, and from which the items of fuel, lighting, transport and communications were excluded, it recorded nearly 32% after it witnessed a rise of 33.1% in September of this year".(Source)AlSabah

we figured up the dates from when they started this little trend and in fact the 16% was started at the beginning of november according to the dates that were given for this process on the infamous yazzamen rate article. in fact the last date to be on 16% was dec. 3rd. so this article is long overdue and its another way for them to mislead.

Hi all. I am an avid follower of everyone, but I don't post alot. I am also an investor and have followed the closinging exchange rate on oanda.com. for the last couple of months. In the face of our commonly held belief of an impending reval, does anyone have an explanation for why the forex rate has not moved since yesterday? Is it oanda?

Presentations sale of the dollar exceeds the purchase orders for the first time in the Central Bank Auction
Presentations sale of the dollar exceeds the purchase orders for the first time in the Central Bank Auction
04/12/2006
Source: Translated by IRAQdirectory.com

For the first in the Central Bank Auction, last Wednesday, offers to sell the dollar exceeded the purchase orders significantly.

A statement by the Bank said that the purchase orders by the four banks participating in the auction stood at 330 thousand dollars in cash for 20 million and 850 thousand dollars in cash yesterday.

Ali Al-Yasiri, a dealer with the Central Bank, attributed the significant drop in demand for the dollar to the decline of trading in the Iraqi market, because of the depressed commercial market due to the deteriorating security situation and the danger of dealing with large amounts of funds.

The statement pointed out that the Central Bank had covered all procurement requests at 1435 dinars to the dollar, 2 dinars lower than the price of yesterday.
The dollar, today, dropped 2 dinars, for the fifth day consecutively, against the ID.

The participating banks in the auction, today, presented offeres to sell the dollar reaching $ 2 million, bought by the bank in full at the exchange rate 1433 dinars to the dollar

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http://www.iraqdirectory.com/DisplayNews.aspx?id=2689

Originally Posted by FlagcityAutoD

Every one talks like this Dinar was going to RV on Monday now they are saying it will happen the 11-14 what do they know? I beleve it will happen and it will and is going to happen the 11-14 maybe but I sure am glad that no one has said what year this is going to happen! I would be a little on the down side if I would beleve everyone that has toled me that it is going to RV on the 11th or 14th We will have to see it may. I would love for it to happen soon as well as everyone on rolclub wants it to. I just will not say it is going to happen on this day or that day. Well that is how I feel about this thing sorry if I made you all mad.. Have a good week ...

Thanks for not saying......

OK it's time for Raymond...be back in an hour ....

Originally Posted by FlagcityAutoD

Every one talks like this Dinar was going to RV on Monday now they are saying it will happen the 11-14 what do they know? I beleve it will happen and it will and is going to happen the 11-14 maybe but I sure am glad that no one has said what year this is going to happen! I would be a little on the down side if I would beleve everyone that has toled me that it is going to RV on the 11th or 14th We will have to see it may. I would love for it to happen soon as well as everyone on rolclub wants it to. I just will not say it is going to happen on this day or that day. Well that is how I feel about this thing sorry if I made you all mad.. Have a good week ...

I've been here quite a while and it's pretty clear to all of us the exact date/time of the R/V is: أن نناقش المشاريع التي يمكن

So no, we're not mad or sad, we're facking glad.

Originally Posted by FlagcityAutoD

Every one talks like this Dinar was going to RV on Monday now they are saying it will happen the 11-14 what do they know? I beleve it will happen and it will and is going to happen the 11-14 maybe but I sure am glad that no one has said what year this is going to happen! I would be a little on the down side if I would beleve everyone that has toled me that it is going to RV on the 11th or 14th We will have to see it may. I would love for it to happen soon as well as everyone on rolclub wants it to. I just will not say it is going to happen on this day or that day. Well that is how I feel about this thing sorry if I made you all mad.. Have a good week ...

The question is WHAT DO YOU KNOW? Sounds like you haven"t done any reading or research at all! Don'tcha just love these one or 2 time posters who come here from other forums to spout uninformed opinions - another one for the ignore list!

Government reshuffle in Baghdad. The solutions workshop in Washington

- 05-12-2006(Voice of Iraq) - 05-12-2006


Baghdad / long
Politicians officials continue bilateral consultations and multilateral agreements for the purpose of unifying trends in the coming stage. reliable much to stop the wheel of violence that goes killed dozens of innocent people on a daily basis and to move the political process forward.
At the external level, the top of the meeting between President George Bush was President of the United Iraqi Alliance bloc, Abdel Aziz al-Hakim, the list of those consultations, in an effort to a clear understanding with American and Iraqi leaders such as Washington and proceed on any amendment to Stratijitha in Iraq.

The Mr. Ammar Hakim, head of the martyr that inner sanctuary to meet with the leader of the Supreme Council for Islamic Revolution in Iraq, Abdel Aziz al-Hakim, the American President will discuss a number of files, especially the security file, militias and the federal, He denied at the same time that Mr. Hakim is playing the role of mediator between Washington and Tehran over the Iraqi file.
The American officials have said that Bush will discuss a number of important issues facing Iraq during the meeting.
At the same time Hakim spokesman said that the consultations to be held wise in the American capital will ways to stop the violence that has swept Iraq.
Reporters pointed out that the meeting is further evidence that Bush wants to intervene directly in resolving the Iraq crisis.
According to informed sources said that the American President intends to undertake further consultations with Iraqi leaders.
Following the meeting, Mr. Hakim is expected to meet with Bush, Vice President Tariq Hashimi, in step by observers said that it aimed to further balance in cooperation with the American Iraqi factions.
Persons waiting for the political cabinet reshuffle, which Prime Minister Nuri al-Maliki that he intends to make to make it more effective in the performance of the ministries.
Links observers expected cabinet reshuffle two cases, The first is the replacement of ministers who incompetence during the last months of the mandate of Al-Maliki, The two blocks involved in the new cabinet reshuffle, especially Virtue Party.
Observers say that such a step could contribute to further mobilize political and popular support to the government of al-Maliki.

Sotaliraq.com

Sotaliraq.com
Government reshuffle in Baghdad. The solutions workshop in Washington

Sotaliraq.com
Controls on the cabinet reshuffle expected

Sotaliraq.com
Hashemi calls to correct the abnormal situation in Iraq

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Bulgarian forces carry on mission in Iraq -- minister

Originally Posted by shotgunsusie

yes..

11th-14th

SBA too???

Link??????

I have the Owner of DinarTrade in this Thread: http://www.rolclub.com/iraqi-dinar-d...tml#post144637 He has posted and is off-line right now. But I have listed his Number and Address in the first Post. Done this for the ones that don't have a Chase Bank nearby or Maybe just to add another Dealer to their list. Thanks and No Comment here Please.