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

This been posted? Probably has, not been on here much over weekend.

The prime minister-Press release

(Voice of Iraq) - 12-10-2006
This issue was sent to a friend

The name of God the Merciful
The Republic of Iraq

Prime minister
Media Bureau
Sunday, 10 / 12 / 2006

Press statement

The Prime Minister invited Mr. Nuri Kamal al-Maliki to effective international presence in the International Conference on Iraq, stressing that the issues to be discussed at the Conference will Tekatasserali economic side, but will extend to aspects of security, politics and international relations and the issue of national reconciliation, This came during the meeting of the ambassadors of the sovereignty of participating in the International Covenant with Iraq.

He stressed the importance of activating the sovereignty principle of national reconciliation and integration between the central aspects of the political, economic, security and Iraq's desire to create a relationship based on common interests.

And Mr. Prime Minister : Iraq suffers from the obligations imposed on them by the policies of the previous regime, including the debt which was imposed on him, and hoped that the conference is a practical step on the road to helping Iraq and revive its economy.

He suggested sovereignty to the participating States to the International consider that the solution to the debt problem in order that Iraq will be able to achieve a decent standard of services, indicating that the debt burden on the Iraqi economy now stands at $ 75 billion.

The price of Mr. Prime Minister efforts the Japanese government for its initiative in launching the first batch of very soft loan worth $ 1.6 billion for the development of the oil and electricity.

He pledged the support of the ambassadors of the participating Iraq and fulfill its commitments to the advancement of the Iraqi economy and improving the infrastructure and developing the standard of services and contribute to the national reconciliation efforts.

The meeting was attended by ambassadors of the United States, Britain, Japan, Italy, Turkey and Germany and representatives from the United Nations, the World Bank and the European Union, and attended by the Iraqi Deputy Prime Minister Barham Salih and the ministers of planning, finance and State for Foreign Affairs

http://64.233.179.104/translate_c?hl...language_tools

Does any one else see it as a good sign that the CBI can still sell a bunch of USD with the rate going down or is it just me? To me that says they aren't even close to hitting the number where people trust the dinar more than dollars.

Originally Posted by frathousemicrowave

Does any one else see it as a good sign that the CBI can still sell a bunch of USD with the rate going down or is it just me? To me that says they aren't even close to hitting the number where people trust the dinar more than dollars.

FHMW,

I don't think it is so much an issue of trust as it is a target figure of the CBI and the overall liability they will face once the reval goes into efect. As long as they can continue to reduce their liability, this is a good thing for all concerned. The more they can pull, conversely, the higher the potential for the RV.

Originally Posted by shotgunsusie

that amount of debt will easily be taken care of. you know how many barrels of oil they get out of the ground in a day.

2.86MBD. Soon to be 3MBD.

English : Al-Maliki calls for active international presence in international compact with

Baghdad, Dec 11, P2Baghdad, Dec. 11, P2
The Iraqi Prime Minister Nouri al-Maliki has called for an active international presence in the international compact conference on IraqThe Iraqi Prime Minister Nouri al-Maliki has called for an active international presence in the compact international conference on Iraq confirming that cases which will be discussed by the conference would not restricted on the economic side only, but will exceed it to tackle the economic, political sides as well as the international ties and the national reconciliation cause.This came during al-Malilki's reception to a number of countries' ambassadors participating in the international compact with Iraq.Al-Maliki confirmed the importance of activating the national reconciliation and the centralization of integration among political, economic and security sides and Iraq's keenness to find ties based on joint reconciliation.Confirming that cases which will be discussed by the conference would not restricted on the economic side only, but will exceed it to tackle the economic, political sides as well as the international ties and the national reconciliation cause.This came during al-Malilki's reception to a number of countries' ambassadors participating in the international compact with Iraq.Al-Maliki confirmed the importance of activating the national reconciliation and the centralization of integration among political, economic and security sides and reads keenness to find ties based on joint reconciliation.

ÌÑíÏÉ ÇáÕÈÇÍ - Al-Maliki calls for active international presence in international compact with

This e-mail is being sent to you to notify you that the Iraqi Dinar/U.S. Dollar exchange rate has changed. According to the Iraqi Central Bank website (Central Bank Of Iraq) the exchange rate has changed from:

1422/Dinars to the US Dollar or $703.23 per million Dinars

To

1419*/Dinars to the US Dollar or $704.72 per million Dinars

* as of 12/11/2006 2:18:21 AM CST as per Central Bank of Iraq website

WHEEEEEE! Looking good....

I am sure this has already been posted but I haven't checked - to happy

Originally Posted by Adster

This been posted? Probably has, not been on here much over weekend.

The prime minister-Press release

(Voice of Iraq) - 12-10-2006
This issue was sent to a friend

The name of God the Merciful
The Republic of Iraq

Prime minister
Media Bureau
Sunday, 10 / 12 / 2006

Press statement

The Prime Minister invited Mr. Nuri Kamal al-Maliki to effective international presence in the International Conference on Iraq, stressing that the issues to be discussed at the Conference will Tekatasserali economic side, but will extend to aspects of security, politics and international relations and the issue of national reconciliation, This came during the meeting of the ambassadors of the sovereignty of participating in the International Covenant with Iraq.

He stressed the importance of activating the sovereignty principle of national reconciliation and integration between the central aspects of the political, economic, security and Iraq's desire to create a relationship based on common interests.

And Mr. Prime Minister : Iraq suffers from the obligations imposed on them by the policies of the previous regime, including the debt which was imposed on him, and hoped that the conference is a practical step on the road to helping Iraq and revive its economy.

He suggested sovereignty to the participating States to the International consider that the solution to the debt problem in order that Iraq will be able to achieve a decent standard of services, indicating that the debt burden on the Iraqi economy now stands at $ 75 billion.

The price of Mr. Prime Minister efforts the Japanese government for its initiative in launching the first batch of very soft loan worth $ 1.6 billion for the development of the oil and electricity.

He pledged the support of the ambassadors of the participating Iraq and fulfill its commitments to the advancement of the Iraqi economy and improving the infrastructure and developing the standard of services and contribute to the national reconciliation efforts.

The meeting was attended by ambassadors of the United States, Britain, Japan, Italy, Turkey and Germany and representatives from the United Nations, the World Bank and the European Union, and attended by the Iraqi Deputy Prime Minister Barham Salih and the ministers of planning, finance and State for Foreign Affairs

http://64.233.179.104/translate_c?hl...language_tools

WOOoOoOOoooTTTT!!!!!!

Geeezzz, take a weekend off to trade and can't keep up with all the good news been posted! Well done and thanks to our newshounds, kiko, Susie, CP and lots of others.

Looks like we're on the downward part of this rollercoaster for sure. Rate dropped to 1419, IC and possible signing of the oil law this week. A big week indeed. Could this be our week at long last?????

Originally Posted by Socata 850

FHMW,

I don't think it is so much an issue of trust as it is a target figure of the CBI and the overall liability they will face once the reval goes into efect. As long as they can continue to reduce their liability, this is a good thing for all concerned. The more they can pull, conversely, the higher the potential for the RV.

the higher the potential for the RV.
the higher the potential for the RV.
the higher the potential for the RV.
the higher the potential for the RV.
the higher the potential for the RV.
the higher the potential for the RV.
the higher the potential for the RV.
the higher the potential for the RV.
the higher the potential for the RV.

REMEMBER FOREVER, DREAMS IN DECEMBER!! MERRY CHRISTMAS!!!

SGS.....ME$$Y CHRISTMAS IS RIGHT!