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

Originally Posted by lazyasL

yes, but the Arabic side is now closed down...........

because that was the side we were accessing all night to watch them putting the html for the smaller bill photos they uploaded to their server. its also the side that will have any announcements on it etc.

the fact of the matter is this, no matter what anyone argues they were working on adding photo links to the html scripting on the cbi site. that can mean only one thing because we know they arent going to reprint all the denominations.

SGS can you give me the site for the info that you are talking about. Thanks so much.

End of another work week......

More

Which is causing much anxiety waiting for announcement.


I expected much more news...to compete with the address to the nation last night and something more concrete from Iraq.

SGS, please do post the site with the new denoms on it.

Thanks.

Kozmar

OK, we're back up.

Originally Posted by texaslonghorns

The Central Bank of Iraq announced its adoption of buying and selling rates of the dollar until the end of office hours on Sunday, Jan. 14 2007. Bank pledges to meet demand for foreign currency without limit regardless of the quanities required by its customers.Sotaliraq.com


I think this is a great sign of what's happening. They will meet the demand for "Foreign Currency". Plus they are holding until the 15th which is a date that has come up alot in the last month. I think this will be another interesting weekend! This points to something big next week IMHO!!

I agree this is a very interesting development, thanks for keeping us up to date. Something has got to give soon.

Originally Posted by wciappetta

I agree this is a very interesting development, thanks for keeping us up to date. Something has got to give soon.

doin that 'hold the price til the end of office hours' trick again i see. drivin the demand up.

i heard the social services monies will begin being handed out on the 15th. will they hand the people worthless dinar?????

Originally Posted by shotgunsusie

doin that 'hold the price til the end of office hours' trick again i see. drivin the demand up.

i heard the social services monies will begin being handed out on the 15th. will they hand the people worthless dinar?????

Like all of you, I certainly hope not!!!

This post is from "rvalreadydang"

The decision by the Central Bank on the rise in the value of the Iraqi dinar against the dollar to reduce inflation in the economy now, as well as raising interest rates to levels higher than in the past and encourage different payment deadlines.
البلد .To save all of this piece of the action, which is the heart of the duties of the Central Bank, but the main problem that these actions that have been taken were not synchronizing with a stable economic interact with all mechanisms in the economy in a harmonious manner and gross domestic product comes from a variety of sources productivity in the economy, but to come and see what is on the economic scene in the country.
1- ان احد.1-One of the Chairperson of the economy, which is a compass to guide savings and investment in the country is the stock exchange or market Iraq securities and this market, we find that the poor security situation brought the case on the fact that most of the shares traded companies declined to the lowest of the dinar one after that the prices of those shares ranging between five dinars session dinars or more, as most investors as a result of the deteriorating security situation and fear for themselves from the kidnapping and murder. The well as their families, they transfer their investments to the Amman stock exchange and stock primarily with the Gulf States and other According to statistics from the Amman stock exchange that Iraqi investments in the stock exchange to quote the three billion dollars, and if we look here, we will see how quickly the Iraqi economy from the lost capital in the economic cycle and how the result will add capital turnover.
2- ان -GDP Iraqi derived all its resources of oil, as we know that the Iraqi economy is one-sided and was supposed since 2005 that the government measures that encourage the private sector to play its role and the advancement of the Iraqi economy through the actions of soft loans and the laws of protection for local industries as well as the procedures for customs control on the imports of goods into Iraq compete for the produce of the private sector and to develop and support projects in the private sector which have an impact on the lives of citizens.
نجد .We find it of the foregoing that the private sector remained weak and marginalized and unable to embrace the challenge individually without government support Had for a specified period and within a studied what led to the increase in volume is inflation and be reflected in the the rising price of goods and services and are most of those goods and services imported This pushed the traders to lift from Akiam those goods and services, including parallels the decline in the value of the dollar in front of the Iraqi dinar according to the submission made by the Central Bank of Iraq and the result led to a the erosion of the value of the Iraqi dinar before the dollar once again due to the increase in prices including parallels the value of during the period of imported to preserve the ratios reasonable profit and with the minimum level, this the part and the other side is the the scarcity of import of the goods from before traders because of the security situation and the terrorist threat to traders to close down the their shops.
3- .Three - that most local industries parked This result leads to the curtailment of resources derived from the industrial sector as well as the lack of the state's contribution and, as I said before, earlier in the activation of this sector, including those towards maximizing resources and have a share in the GDP.
4- .4-agricultural sector and the result of the opening of outlets in the country of import controls and without increasing the demand for agricultural products by all citizens led to a reduction in the role of the agricultural sector in any addition of the gross domestic product, as well as to weaken its ability to compete and, consequently, the evolution and growth.
ونعود مرة.And return once more to the procedure of the Central Bank with regard raise the value of the Iraqi dinar before the dollar we find that this procedure with each the suffering of the Iraqi economy from the stoppage in the process the entire economic because of terrorism as well as because of the underdevelopment of State institutions to be relevant after consideration of the events and beat of personal interests and selfishness for some all of that led to a reduction in the impact of dinar's value once again before the dollar with the procedures the Central Bank of Egypt because of the attempt to traders in maintaining on their right to non-loss result the difference between the value of the goods imported timely and between the teams dinar rate of exchange against the dollar as well as of a decline of import since the no less ferocious on the two months because of the deterioration of the security situation and a continuous basis what make the before of the goods declining about the survival of the same level of demand.
ولكي :In order to emerge from this vicious must follow :
1- تفعيل دور القطا-activating the role of the private sector and to give sufficient flexibility to move in the hands of the laws and legislation in line and by the Constitution
2- .Two-and start working now since the principle of small projects through loans simple to activate the economic cycle in the country and to combat unemployment through these projects.
3- .Three-start from now to activate the industrial enterprises of the public sector that can through rehabilitation to provide service to the community and absorb part of a reasonable unemployment.
4- البدء .Four-start housing projects, according to the basic needs of the community to ensure that such projects are implemented by the private sector with some of the projects that wish to implement the public sector, as we know that housing projects move more than 60% of the economic sectors in the country as well as it would eliminate the major proportion of unemployment.
4- تشجيع4-promote the agricultural sector through soft loans through the Agricultural Bank, as well as in the first stage, the provision of fertilizers, pesticides and seeds at affordable rates to help re-production format which allows it to block the local market need, as well as the provision of the means of agricultural production and building Almbazl other hardware and channels and provide incentives for farmers who have known that production is increasing year after year.
5- .5-important issue and last, namely, that the security situation You can not disbanded only through dialogue and the political aspects, but through the revitalization of joints the economic process including suited and maintaining the continuity Durán all sectors of the economy and in a flexible manner gives the economic process the dynamic required in the face of any pressures may be subjected to This can be done only through coordination between the political side and the economic side like someone who strikes a of U.S. MUSICAL it could not depends on the the guitar player without others, as the total instrumentals instrumentalists gives uncontrollably consistency and makes it Ttarb comforting Thus economy when left most of its sectors for Atazv in tune with the Central Bank of the Central quitted uncontrollably anachronism and made life miserable comforting, and when spoke in political in economic language before politics and had a friendly the Platform economic when that one be delighted to we are fine, Allah willing.

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http://files.seti.ee/ars/flash/witchdoctor.swf Motomachi added this site!

I went into the Scotia Bank in Stoney Creek Ontario to inquire about purchasing two more million (I was just testing the water - I already own enough). They said there would be a two week delay (instead of the usual two day delivery). Also, the purchase price has gone from $904 CAN. per million dinar - to 1,024 CAN. per million.

So far I've made over $2,300 on this investment (on 20,000,000 dinar) and all this, while we're still talking about civil war and "The Battle of Baghdad"!

This post is from "rvalreadydang"

New developments in international economic relations

trade and economic cooperation in order to support and expand the conversion process taking place in trade and economic cooperation and investment among the developing countries. Enable them to play an active and influential role to the sustainability of economic growth, diversification and poverty reduction in these countries themselves.
وفي اشكالها.In the rest of the world, and the strategic outlook that this is particularly interested in the countries that need the aid of various kinds.
بيدلهذا التعاون.However, the strengthening of ties of trade and economic cooperation among the developing countries, the responsibility rests with the States alone. As to the governments of developing countries and regional groupings for trade and investment integration and the economic operators, must consult, coordinate and cooperate closely and effectively on trade among developing countries, and on activities related to investment and economic cooperation to develop strategies and actions to promote mutual cooperation in the field of trade and investment. It is useful that this cooperation on the basis of mutual benefits to all parties and to maximize justify development gains of this cooperation.
ومن هي:It is possible to utilize what the literature of international economic organizations and regional organizations in the formulation and development of a strategy for cooperation among developing countries, such as the United Nations Conference on Trade and Development and the Economic Commission for West Asia, because of its long experience in the field of economic development and the development of the developing countries. The key elements of this strategic outlook are : االقدرة على المنافسة.1-intended to focus on cooperation among the developing countries : to improve the terms of trade between developing countries would enable them to continue to expand their trade in commodities and manufactured goods and services, as it will enable them to diversify their export base and develop new citizen integration and the development and testing of new products and services are tradable, and build productive capacities as well as building the capacity to compete.
2- :Two-effective use of citizen integration among developing countries :
مع ت.With increasingly outward-oriented development Stratijiat discovered many developing countries complementarities that exist among them, which can be exploited in assistance to enter into new sectors more active in the area of commodities, manufactures and services and to build export capacities in these sectors.
3- تعزيز:3-enhancing cooperation and integration at the regional level :
.Accompanying the growth of trade among the developing countries, increase in trade and investment at the regional level, which is facilitated through bilateral trade agreements and regional. These regional arrangements elimination of tariff and non-tariff barriers to trade in goods provides significant potential to achieve economies of scale and attract foreign direct investment at higher levels and better terms, and the pooling of resources of economic, human and institutional resources, technological and infrastructure and the building of networks between the production and marketing of Member States.
4- في .4-exploitation of the full potential of interregional trade among the developing countries : the interregional trade among developing countries, although growing, is the weak link in trade and investment, including, for example, the ratio of trade in agriculture at the interregional level among developing countries was only 27%, 12% and the proportion of the trade in manufacturing products in the general developing countries.
ان .Trade liberalization at the interregional level, however, was much success for several reasons including the lack of information and lack of confidence in the trade and investment opportunities and the lack of complementarities which lead to lack of business opportunities and a reluctance to engage in negotiations to liberalize trade due to the production and export of similar products, as well as a focus on trade liberalization at the regional and bilateral levels.
5- :5-conversion problematic commodity to a resource boon :
.It is expected to open before the developing countries significant opportunities to increase their earnings from commodity exports a result of trade liberalization and increased demand for commodities in developing countries, especially in large economies such as China, India, which specializes in a high rate of growth, since so years 50% of the exports of commodities "non-fuel" flowing between the developing countries. This would give developing countries an opportunity to use cooperation among them in order to transform the specialization in the export of primary commodities into a positive factor in the growth and development of their economies. This requires increased investment and trade in these commodities companies establish effective stakeholder aims to find solutions and sustainable approaches to the issues of basic commodities, trade and diversification.
6- اعطاء )Six-giving services sector a key role in the process of cooperation among the developing countries to exploit
.Integration in the services trade between developing countries could provide important opportunities for trade and investment. Services have gained prominence in the economies of developing countries and now account for nearly 50% of total gross domestic product and about 15% of total exports, and the more efficient the more chances of the economic competitiveness of these countries.
7- ان7 - The developing countries face a major challenge in sustaining the new dynamism in the field of trade and economic cooperation among themselves, and increase and to explore opportunities arising in the context of the new trade. The challenge is to develop and implement a quote and a positive agenda that provide support at the national, regional, interregional and to enable developing countries to enhance mutual trade, investment and economic cooperation.

http://www.nic.fi/~repo/catch.swf

(This added my Motomachi, when you get your RV, do not let go!)