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

Originally Posted by kiko

I thought post this one!

Remember it would be announced in Iraq this week. That gives them one more day. TONIGHT/TOMMOROW on the 11th!!

LEGISLATION is expected to be announced in Iraq this week opening Iraq's huge oil reserves to foreign companies.

Originally Posted by shotgunsusie

i believe the first reading was sunday, day between with no parliament, tuesday would have been the second reading, wednesday in between, thursday would be the final reading and vote.

Well, I can wait one day more!!

Originally Posted by CharmedPiper

I follow the Currency Converter site for "street rate"....I follow the real-time graph set at 1 minute intervals and I have seen the lowest today at EUR/IQD at 1706.7

Real-time currency prices
Tradable Forex prices (Middle East currencies)
1706.7

Now down to EURO/IQD 1703.2 you have to love the street value...!

Originally Posted by shotgunsusie

LEGISLATION is expected to be announced in Iraq this week opening Iraq's huge oil reserves to foreign companies.

Yep, announced in Iraq!

Tommorow must be the big day!

Originally Posted by shotgunsusie

LEGISLATION is expected to be announced in Iraq this week opening Iraq's huge oil reserves to foreign companies.

There is a press meeting scheduled for tomorrow I put it in my siggy....this would be Baghdad time so isn't that around the time the CBI usually updates.....maybe something!

Wednesday, January 10, 2007

1,000,000 US Dollar = 1,381,628,490 Iraqi Dinar

1,000,000 Iraqi Dinar (IQD) = 723.784 US Dollar (USD)

Interbank rate +/- 0%

This means:
You buy 1,000,000 US Dollar : 1,381,628,490 Iraqi Dinar
You sell 1,000,000 US Dollar : 1,258,792,740 Iraqi Dinar
You buy 1,000,000 Iraqi Dinar : 723.784 US Dollar
You sell 1,000,000 Iraqi Dinar : 794.412 US Dollar

Learn about the new Iraqi Dinar
Median price = 1,258.79 / 1,381.63 (bid/ask)
Minimum price = 1,258.30 / 1,381.30
Maximum price = 1,259.50 / 1,382.10

Baghdad, Jan. 10, P. 2
Senior financial official called to press Kuwait for dropping compensations on Iraq which amounted 52$billion and he showed at put 2007 budget before Parliament that Iraqi Government held meetings with permanent members of Security Council to activate Iraq's demand of freeing it from these compensations, while Finance Ministry said that Iraq requested to allocate 5% from its oil revenues annually to pay compensations for Kuwait.

The official referred to what Iraq paid reached to 20$billion and it requested to pay 32$billion others

ÌÑíÏÉ ÇáÕÈÇÍ - Finance official calls Parliament to press Kuwait

Monday, January 08, 2007 1260.8 IQD
Tuesday, January 09, 2007 1260.5 IQD
Wednesday, January 10, 2007 1255.4 IQD

MENAFN - Middle East North Africa . Financial Network Currency Charts,Currency Update,Money Markets,Analysis,Projection

The application of financial peace of this month the new salary
Wednesday, 10.01.2007, 11:06 am (GMT)

The Ministry of Finance it The application will start a new salary of this month and that the staff would receive their salaries according to what The new increase to their salaries.

A well-informed source said that the ministry was about to him Tariff peace on the application and issuance of the new book definitions attached to the report on the distribution mechanism Explaining the new rate increases in the salary and grade.

He pointed out that This action came after objections from some staff grades are not covered and that the increase Assessments were limited to between 50 and 75% of the original salary

Translated version of http://www.iraqimedianet.net/article/Economy/3463/

Originally Posted by kiko

Monday, January 08, 2007 1260.8 IQD
Tuesday, January 09, 2007 1260.5 IQD
Wednesday, January 10, 2007 1255.4 IQD

MENAFN - Middle East North Africa . Financial Network Currency Charts,Currency Update,Money Markets,Analysis,Projection

Thanks KIKO i was just looking at that also