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

Posted by: nadioshka on Tuesday, August 01, 2006 - 07:04 PM
U.S.-Agriculture-Update 1
Iraq, U.S. sign MOU to boost Iraqi agricultural sector
Baghdad, Aug 1, (VOI) – Iraq and the United States on Tuesday signed a Memorandum of Understanding (MOU) to exchange expertise and strengthen the agricultural sector in Iraq.
The memorandum was signed by Deputy Prime Minister for services and security affairs Salam al-Zawbaai from the Iraqi side and U.S. Agriculture Secretary Mike Johanns from the American side.
A cabinet statement quoted Zawbaai as saying the MOU entails supporting agricultural guidance systems and exchanging expertise between Iraqi and U.S. universities.
“It is a big project for joint action and lays the foundations of cooperation bridges between Iraq and the United States of America,” Zawbaai said.
Iraq is mulling exporting farm produce, especially its famed dates and amber rice, to the States and other countries after improving this sector that has been neglected for years.
The statement quoted Johanns as saying the United States was committed to support all sectors and in particular the agricultural sector.
The U.S. agriculture secretary arrived in Baghdad on Tuesday to meet high level Iraqi officials as well as Iraqi agricultural producers.
Johanns is accompanied by representatives from the private sector, academia, and the press.
“Many people are surprised to learn how important the agriculture sector is in Iraq and how much potential it holds,” Johanns was quoted as saying in an official press release.
“I am eager to meet face to face with Iraqi ministers and agricultural producers to strengthen our relationship and intensify our collaboration,” he said.

Iraq-Currency
Iraq Cenbank gets first dollar selling offers in more than 45 days
By Dergham Mohammed Ali
Baghdad, Aug 1, (VOI) – The Iraqi central bank received on Tuesday the first selling offers for dollars in more than a month and a half.
The bank bought more than $2.150 million at 1,475 dinars rate.
Demand for dollars was higher in the daily central bank auction, reaching $44.165 million compared to about $39 million on Monday.
The bank said in its daily statement it covered all bids which were $33.405 million in cash and $10.760 million in foreign transfers.

Originally Posted by pipshurricane

Iraq-Currency
Iraq Cenbank gets first dollar selling offers in more than 45 days
By Dergham Mohammed Ali
Baghdad, Aug 1, (VOI) – The Iraqi central bank received on Tuesday the first selling offers for dollars in more than a month and a half.
The bank bought more than $2.150 million at 1,475 dinars rate.
Demand for dollars was higher in the daily central bank auction, reaching $44.165 million compared to about $39 million on Monday.
The bank said in its daily statement it covered all bids which were $33.405 million in cash and $10.760 million in foreign transfers.

Is this a dry run, on exchanging?

Why would dollars be selling?

Originally Posted by choochie

Is this a dry run, on exchanging?

if i understand One of the bank who participate on the daily auction has sell more then 2 millions dollars.Mike can you confirm this please thanks!!!

get the dinars back into the country!

Originally Posted by tiffany

get the dinars back into the country!

Yes Tiffany that correct :)

Originally Posted by pipshurricane

if i understand One of the bank who participate on the daily auction has sell more then 2 millions dollars.Mike can you confirm this please thanks!!!

What does this mean?! Anybody, Mike are you watching?

Originally Posted by choochie

What does this mean?! Anybody, Mike are you watching?

The central bank have buy back 2 millions dollars from the bank!!!

Originally Posted by tiffany

get the dinars back into the country!

WHY? WHAT AM I MISSING?