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

I don't know anything about freedinar but it seems like they are in it for the money. I know the DR is a great economist, its usually all about the money. I have listened to him before and he always says soon. He didn't give a peg last night. He just talked about in a year what it would be worth. It just bothers me that now they will have an endless source of dinar.

Know this has been posted befor but hey, let's see it again! posted on 14 June....


The new Iraqi investment law, currently under debate in the Parliament, applies national treatment to foreign investors and allows them to own 100% of the business.
Al-Sabah
The Iraqi Credit Bank in cooperation with The World Bank has allocated $ 122 million dollars for projects to be executed by the Ministry of Municipalities.
Al-Sabah
Kurdistan is to ratify a new investment law and plans to establish a free trade area in Sulymania.
Al-Mashriq
Kurdistan's Minister of Industry announced the signing of a new agreement with South Korea to build three quality control laboratories in the region.
Attaakhi

Did you all read the last post in the "Freedinar is stopping sales" thread?
Sounded 'interesting'....

Sorry Adster! So I guess you didn't read the last post in that thread, huh?

Just kidding with you! Keep it coming! I hope to be able to make a phone call to a friend this weekend to let her know of the reval! lol!

Originally Posted by tiffany

Sorry Adster! So I guess you didn't read the last post in that thread, huh?

Just kidding with you! Keep it coming! I hope to be able to make a phone call to a friend this weekend to let her know of the reval! lol!

Yea I did, just bad experiences. Anyways, moving on, time to have a look round....

Back later.

Ads.

About the iraqi coins I do have some, I got them off ebay from [email protected] when I got dinars from him I could only get 6 coins, 1 is the size of a quarter and is 100 dinar and all have iraqi righting on them that I cant reed, 1 of them looks like a penny and says 25 dinar.

Originally Posted by brenman8

About the iraqi coins I do have some, I got them off ebay from [email protected] when I got dinars from him I could only get 6 coins, 1 is the size of a quarter and is 100 dinar and all have iraqi righting on them that I cant reed, 1 of them looks like a penny and says 25 dinar.

Thanks for this, interesting.

Posted elsewhere....

I am a contractor here in Saudi Arabia. Before the war broke out i cashed in my Iraqi dinar at around .30 at the local bank here. So anyone saying this was just a paper amount is wrong or the 2000 for 1 is incorrect. That was the exchange rate i got. Another thing to think about is all the middle class and upper class people traded in there dinar for 1 for 1. If the average Iraqi say had 15,000 US in the bank his 15,000 is now only worth 50 US. Lots and lots of people lost there wealth and i think thats why a revaluation is coming soon to give back what the people have lost. Im sure they can afford it as last i checked around 1.6 million barrells are being exported today. Not far off from the 2.5 mill per day before.

I just found more iraqi coins on ebay here is what thay look like.

http://cgi.ebay.com/Iraq-2004-Comple...QQcmdZViewItem

Originally Posted by Adster

Posted elsewhere....

I am a contractor here in Saudi Arabia. Before the war broke out i cashed in my Iraqi dinar at around .30 at the local bank here. So anyone saying this was just a paper amount is wrong or the 2000 for 1 is incorrect. That was the exchange rate i got. Another thing to think about is all the middle class and upper class people traded in there dinar for 1 for 1. If the average Iraqi say had 15,000 US in the bank his 15,000 is now only worth 50 US. Lots and lots of people lost there wealth and i think thats why a revaluation is coming soon to give back what the people have lost. Im sure they can afford it as last i checked around 1.6 million barrells are being exported today. Not far off from the 2.5 mill per day before.

Hummmmm, Interesting post.