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

Originally Posted by Dinar Cha Ching

I believe he was too. He did a good job under very tough circumstances and his wife has helped many people out of the prison of addiction.

Celebrity deaths usually come in 3s:

1. James Brown
2. Gerald Ford
3. ?

Could #3 be Saddam?

Charlie Drake and Mike Dickin the DJ died last couple of days. Our American friends may not have heard of them but they're well known in the UK.

Economic :. Sweeping, the amounts allocated for the implementation of development projects within budget in 2007

Mr. Jabr Al-Zubaidi, the Minister of Finance and the keenness of the ministry's readiness to release the amounts allocated to projects in accordance with architectural controls and conditions prepared for this purpose and within budget by calling the ministries to start implementing urban projects and prepared for the service in 2007.

The source in the ministry that the minister of finance ministries and bodies called on all concerned to start implementing programs Urban prepared for this year, he prepared his ministry to release the amounts needed and allocated to them. Pointing out that the ministry has controls and conditions for the disbursement of funds and implementation of all projects before the end of the year 2007 and within the time specified.

Stressing that the ministry said is the premise of maintaining state funds spent on the best form will be taken all the necessary steps towards a ministry or a delay in the implementation of its programs, the recovery of the amounts allocated to it as surplus and invest in other projects to serve the citizens. He pointed out that the resolution was the result of the failure of a number of ministries in the disbursement of the funds earmarked in the budget of 2006, adding that he has allocated $ 400 million to increase staff salaries.

On the other hand An official source at the ministry said that the signing of the bilateral agreement with the State of Malaysia relating to the settlement of debts on Iraq, according to the Paris Club, which happened in Iraq to reduce the 80% of this debt.

The source added that the number of countries that were settled its debts on Iraq has 52 state, pointing out that there are only a small number of these countries, and discussions with the continuing, stressing that some of these candidate countries to sign bilateral agreements soon to put an end to the settlement of Iraq's debts at the end of this year or the first quarter of next year after the settlement of the bulk of the private sector's debts to Iraq.

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Main : "Calls" financial ministries need to deal exclusively in Iraqi dinars and permitting the granting of leave to long-term state employees

Baghdad : Ali Jasim An official source in the Ministry of Finance that the ministry called on all government departments, whether centrally or self-funded or public companies need to deal exclusively with the Iraqi dinar.

The source explained that the ministry circulated to all these constituencies and be obliged to pay the remaining balances of the self-funded and public corporations from foreign currencies including offset from the Iraqi dinar, the local currency dealing exclusively.

He pointed out that Chambers will be funded centrally deposited amounts previously accepted date of the foreign currency, which still existed in funds to the current account in the name of the cash accounting to the Central Bank of Iraq.

On the other hand, the same source that the ministry had decided to allow the extension of long-term leave for state employees (automatically) without a salary. The source added that the staff member who enjoys long vacations right claim the privileges and other benefits of hierarchy (included) or an increase in salary and long-term leave can be repeated more than once each year

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Wooo-Hooo---Am I first?? Okay Socata--DO YOUR THANG!!!

Announcement No.(835)

D.G. of Foreign Exchange Control

The 835 daily currency auction was held in the Central Bank of Iraq day Wednesday 2006 / 12/ 27 so the results were as follows :

Details Notes
Number of banks 6 -----
Auction price selling dinar / US $ 1325 -----
Auction price buying dinar / US $ 1323 ----- Amount sold at auction price (US $) 7.300.000 -----
Amount purchased at Auction price (US $) 995.000
Total offers for buying (US $) 7.300.000 -----
Total offers for selling (US $) 995.000 -----





D.G. of Investments

Daily price Bulletin buying and selling Wednesday 2006/12/27

Currency
Currency Code
Selling Price In IQD
Buying Price In IQD

US Dollar
USD
1338.000
1336.000

European Euro
EUR
1757.062
1756.183

Sterling Pound
GBP
2618.198
2616.889

Canadian Dollar
CAD
1153.846
1153.269

Swiss Frank
CHF
1096.721
1096.173

Sweetish Krone
SEK
194.689
194.592

Norwegian Krone
NOK
214.262
214.155

Denmark Krone
DKK
235.750
235.632

Japanese Yen
JPY
11.250
11.245


The above price represent reference rate and does not from any commitment on the Central Bank of Iraq.

13. Wow

Originally Posted by ordinaryseawoman

Wooo-Hooo---Did I win?? Okay Socata--DO YOUR THANG!!!

Announcement No.(835)

D.G. of Foreign Exchange Control

The 835 daily currency auction was held in the Central Bank of Iraq day Wednesday 2006 / 12/ 27 so the results were as follows :

Details Notes
Number of banks 6 -----
Auction price selling dinar / US $ 1325 -----
Auction price buying dinar / US $ 1323 ----- Amount sold at auction price (US $) 7.300.000 -----
Amount purchased at Auction price (US $) 995.000
Total offers for buying (US $) 7.300.000 -----
Total offers for selling (US $) 995.000 -----





D.G. of Investments

Daily price Bulletin buying and selling Wednesday 2006/12/27

Currency
Currency Code
Selling Price In IQD
Buying Price In IQD

US Dollar
USD
1338.000
1336.000

European Euro
EUR
1757.062
1756.183

Sterling Pound
GBP
2618.198
2616.889

Canadian Dollar
CAD
1153.846
1153.269

Swiss Frank
CHF
1096.721
1096.173

Sweetish Krone
SEK
194.689
194.592

Norwegian Krone
NOK
214.262
214.155

Denmark Krone
DKK
235.750
235.632

Japanese Yen
JPY
11.250
11.245


The above price represent reference rate and does not from any commitment on the Central Bank of Iraq.

WWWEEEAAAHHH!!

Go Dinar, Go Dinar!

Come on, give us the big one!

NICE 13 POINTER!! THAT'LL PUT US OVER 10%!!

It was just announced on CNBC Worldwide Exchange that the UAE was converting a large portion of their reserves from USD to EURO.

Originally Posted by ordinaryseawoman

Wooo-Hooo---Am I first?? Okay Socata--DO YOUR THANG!!!

Announcement No.(835)

D.G. of Foreign Exchange Control

The 835 daily currency auction was held in the Central Bank of Iraq day Wednesday 2006 / 12/ 27 so the results were as follows :

Details Notes
Number of banks 6 -----
Auction price selling dinar / US $ 1325 -----
Auction price buying dinar / US $ 1323 ----- Amount sold at auction price (US $) 7.300.000 -----
Amount purchased at Auction price (US $) 995.000
Total offers for buying (US $) 7.300.000 -----
Total offers for selling (US $) 995.000 -----





D.G. of Investments

Daily price Bulletin buying and selling Wednesday 2006/12/27

Currency
Currency Code
Selling Price In IQD
Buying Price In IQD

US Dollar
USD
1338.000
1336.000

European Euro
EUR
1757.062
1756.183

Sterling Pound
GBP
2618.198
2616.889

Canadian Dollar
CAD
1153.846
1153.269

Swiss Frank
CHF
1096.721
1096.173

Sweetish Krone
SEK
194.689
194.592

Norwegian Krone
NOK
214.262
214.155

Denmark Krone
DKK
235.750
235.632

Japanese Yen
JPY
11.250
11.245


The above price represent reference rate and does not from any commitment on the Central Bank of Iraq.

Wow 13 points and 6,305,000 USD or 8,354,125,000 Dinar removed. Ok Socata, it's your turn.

Thanks,
Al

Originally Posted by CharmedPiper

It was just announced on CNBC Worldwide Exchange that the UAE was converting a large portion of their reserves from USD to EURO.

OPEC and now UAE. Wasn't there an article awhile back from Susie about the Dinar being pegged at .93 Euro or 1.23?