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

As usual no clue what this says other than it mentions the debts.

The Republic of Iraq
الحكوميةCouncil of Ministers-the governmental communications
علاميةMedia Relations
Press Release بيان صحفيPress Release Press release

فوز كأفضلWinning the Iraq Program Award financial review of international best
2006A restructuring program for 2006

.Iraq ended in an efficient and prompt restructuring of $ 20 billion of its debt to commercial creditors.
.It came off from the criticism of the claimants, bonds, loans, in line with the broad framework set by the Paris Club.
وقد EMEA .The republic gained shattered by war impressive creditors speedy solution to issue a new standard bond process led by Citigroup City Group Je me مورغانJP Morgan is in the eyes of the international financial review journals and Europe, the Middle East and Africa Highness.
ن اThe slow start to restructure $ 20 billion of commercial debt Iraq could be contrary to the speed with which the agreement was concluded. On the basis of credentials issued in January 2005, each of Citigroup Je me Morgan Basic Agreement, which the majority of holders of various earthly special debt

Translated version of http://www.sotaliraq.com/

Originally Posted by day dreamer

JUST AN UPDATE, MY COUSIN LIVES IN HOUSTON, TEXAS AND WENT IN THE BANK TODAY TO PURCHASE (ORDER) DINARS AND HE GOT HIS DINARS RIGHT THERE ON THE SPOT DIDN'T HAVE TO WAIT . AND IT WAS 5,000 AND 1,000 DINAR NOTES

Has to be KBR employees returning and needing cash.

الصيرفة،Baghdad-editor economic witnessed banking companies in the country refrained from customers to exchange rate depreciation of the dollar against the Iraqi dinar, has closed some shops owners awaiting improvement in the situation, where the value of the dollar against the Iraqi dinar from 1480 dinars to the dollar to 1334 dinars, the banking companies.
hile it did not see the Iraqi Central Bank interested in buying the dollar, and specialists attribute the reason to rumors reported that the Iraqi Central Bank has sought to make the dollar exchange rate thousand Iraqi dinars, the essay, the market carrying offices Exchange hesitation in accepting the categories of the dollar. However, an official source at the Central Bank pointed out that this news completely untrue, but that the monetary policy of the bank to not harm any parties, so has been the adoption of the drawdown rates very simple so as not to leave the harmful effects on the resolutions before the dollar from the banks and banking companies and traders, did not hide the money changers and merchants that they lost because of the decline that has occurred in a sudden did not change the dollar exchange rate at all during the year, at least. With rate was the dollar which had reached with the early last month 1480 dinars, subjected to reduction in the auction Bank of the daily are gradually up to become the price of the auction 1430 dinars during the past week the creation of confusion and clear that reflected on the actors generally and mechanisms banking and absenteeism and the movement of goods in the markets which are often dealt on the Iraqi market the dollar, the average the purchase of private banks of the dollars from the auction the daily between 60 to 65 million dollars for a daily 14-15 of the month of - in November last, with a declining this turnout to hit 865 thousand dollars on 28 of the same month, the day on which spread in which spreading the attempt of the World for the arrival of the dollar to the price of the thousandth dinars, comes the policy of strengthening the rate of exchange within the objective in which he declared that the Central Bank of Egypt the fulfillment of the task of the withdrawal of cash from the market to reduce the rates of hyper-inflation which crossed the indicator of 77% and procedures were raising interest rate that are adopted by the on accounts deposited with him to hit 16%, versus the insistence of private banks and governmental together on the charging of such commission to meeting deposits in the Central Bank, and denied to their customers, since remained at their levels preceding 5% what had prompted Governor of the Central Bank inform the repugnance at irresponsible policies of the banks during its meeting that Bmadraeha of Commissioners recently.

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Originally Posted by Gloribee

Posted a couple of questions....

But did not recieve an answer, even with Neno asking, so I'll ask again.

1- Do we have any factual amount of gold in control of the Iraqi Gov't? This meaning holdings by foriegn gov'ts and that conficated by Americans from shady charactors trying to sneak it across the Syrian borders?

2- Has any one heard about agricultual contracts, being long term, pending advancment in this sector and by who?

Thanks, Gloribee

With no disrspect to members, Im going to revert back to PM's. While you may not know it, this may be valuable Information in regards to an RV.

As I have said on occasion, read between the lines.

Gloribee

Originally Posted by Gloribee

With no disrspect to members, Im going to revert back to PM's. While you may not know it, this may be valuable Information in regards to an RV.

As I have said on occasion, read between the lines.

Gloribee

Gloribee, please PM me as well. Thanks for all you do, and thank you in advance for the PM.

Originally Posted by boomcreek

Gloribee, please PM me as well. Thanks for all you do, and thank you in advance for the PM.

don't forget me

Originally Posted by boomcreek

Has to be KBR employees returning and needing cash.

No it's not Boomer. I suspect that they are just trading the DINAR lke all the other banks are. This just could be one bank that actually knows what is going on.

Originally Posted by Gloribee

With no disrspect to members, Im going to revert back to PM's. While you may not know it, this may be valuable Information in regards to an RV.

As I have said on occasion, read between the lines.

Gloribee

going back to PM's ?? because why ?? was it because people like me could not give an answer to your request for information ?

With out a doubt i will not know if you have valuable information about the RV if you take it to PM

Originally Posted by Gloribee

With no disrspect to members, Im going to revert back to PM's. While you may not know it, this may be valuable Information in regards to an RV.

As I have said on occasion, read between the lines.

Gloribee

So you are with holding information from the rest of the forum members. I just don't understand why some one would do that. If every one would do that we wouldn't have a forum. I always thought we were like a family here but I guess that is not true. Okay I understand. Later.

Originally Posted by Gloribee

With no disrspect to members, Im going to revert back to PM's. While you may not know it, this may be valuable Information in regards to an RV.

As I have said on occasion, read between the lines.

Gloribee

Might as well do it Here.