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26 Mar 2007 13:13:00
Currency
ID exchange rate hikes
Baghdad (NINA)- The Iraqi Dinar exchange rate hiked against the US Dollar in the Central Bank of Iraq’s auction on Monday. The US Dollar was sold at ID1276 on Monday, while it was sold at ID1277 last Sunday The CBI sales of US dollars decreased compared with last Sunday as it sold 61,790,000
This e-mail is being sent to you to notify you that the Iraqi Dinar/U.S. Dollar exchange rate has changed. According to the Iraqi Central Bank website (www.cbiraq.org) the exchange rate has changed from:
1277/Dinars to the US Dollar or $783.09 per million Dinars
To
1276*/Dinars to the US Dollar or $783.70 per million Dinars
* as of 3/26/2007 4:13:33 AM CST as per Central Bank of Iraq website
And with any order of 1 Million Dinar or more made through this email, you will receive a complimentary 10k and 5k note.
This e-mail is being sent to you to notify you that the Iraqi Dinar/U.S. Dollar exchange rate has changed. According to the Iraqi Central Bank website (www.cbiraq.org) the exchange rate has changed from:
1277/Dinars to the US Dollar or $783.09 per million Dinars
To
1276*/Dinars to the US Dollar or $783.70 per million Dinars
* as of 3/26/2007 4:13:33 AM CST as per Central Bank of Iraq website
And with any order of 1 Million Dinar or more made through this email, you will receive a complimentary 10k and 5k note.
March 25, 2007
GTON: Iraq promised to make tackling high inflation one of its priorities and said it will gradually keep raising domestic prices of fuel products to curb a thriving black market, according to a letter by Iraq’s top finance officials to the IMF published on Friday.“Inflation has risen to an unacceptable level,” the letter, signed by Iraq’s central banker Sinan al-Shabibi and Finance Minister Bayan Jabor, told the International Monetary Fund.
Racing inflation of almost 77 percent in August, fell back to 52 percent from September to November, and increased again to almost 65 percent in December. It has caused added hardships among a population struggling with conflict since the US-led invasion in 2003.
Domestic fuel prices have also been driven up with the phasing out of fuel subsidies under a $715 million IMF economic program, which was recently extended by the government to September.
Excluding fuel and transportation, the inflation rate was stable in a range of 30 to 35 percent.
“To curb inflation the CBI (central bank of Iraq) will continue its tight monetary policy stance and allow the exchange rate to appreciate gradually, assuming the inflationary situation warrants a continuation of this policy,” the Iraqis said.
The Iraqis said they were committed to facilitate private sector imports of petroleum products, following a new oil law aimed at bringing private firms, both Iraqi and foreign, into oil products distribution. The oil law illustrated that Iraq was getting closer to setting up a framework for foreign companies to invest in the country’s oil production, crucial for rebuilding the economy.
“We will make available to the private sector storage facilities and pump stations,” the finance officials wrote, adding: “We also plan to organize a conference to promote the import of petroleum products by local and international companies.” Iraq has the world’s third-largest proven oil reserves but its refineries have suffered from a decade of sanctions and now greater violence.
Smugglers believed to be funding insurgents siphon off fuel, causing shortages that force people to queue for hours for subsidized fuel at state outlets.
The government said it also planned to significantly boost budget spending on oil and non-oil investments this year that would be overseen by the prime minister’s office. reuters
Home | Business
http://www.dailytimes.com.pk/defaul...story_25-3-2007
_pg5_27
March 25, 2007
GTON: Iraq promised to make tackling high inflation one of its priorities and said it will gradually keep raising domestic prices of fuel products to curb a thriving black market, according to a letter by Iraq’s top finance officials to the IMF published on Friday.“Inflation has risen to an unacceptable level,” the letter, signed by Iraq’s central banker Sinan al-Shabibi and Finance Minister Bayan Jabor, told the International Monetary Fund.
Racing inflation of almost 77 percent in August, fell back to 52 percent from September to November, and increased again to almost 65 percent in December. It has caused added hardships among a population struggling with conflict since the US-led invasion in 2003.
Domestic fuel prices have also been driven up with the phasing out of fuel subsidies under a $715 million IMF economic program, which was recently extended by the government to September.
Excluding fuel and transportation, the inflation rate was stable in a range of 30 to 35 percent.
“To curb inflation the CBI (central bank of Iraq) will continue its tight monetary policy stance and allow the exchange rate to appreciate gradually, assuming the inflationary situation warrants a continuation of this policy,” the Iraqis said.
The Iraqis said they were committed to facilitate private sector imports of petroleum products, following a new oil law aimed at bringing private firms, both Iraqi and foreign, into oil products distribution. The oil law illustrated that Iraq was getting closer to setting up a framework for foreign companies to invest in the country’s oil production, crucial for rebuilding the economy.
“We will make available to the private sector storage facilities and pump stations,” the finance officials wrote, adding: “We also plan to organize a conference to promote the import of petroleum products by local and international companies.” Iraq has the world’s third-largest proven oil reserves but its refineries have suffered from a decade of sanctions and now greater violence.
Smugglers believed to be funding insurgents siphon off fuel, causing shortages that force people to queue for hours for subsidized fuel at state outlets.
The government said it also planned to significantly boost budget spending on oil and non-oil investments this year that would be overseen by the prime minister’s office. reuters
Home | Business
http://www.dailytimes.com.pk/defaul...story_25-3-2007
_pg5_27
Here's another one..........--------------------------------------------------------------------------------
thanks xealthy for taking the time and posting your info-My account was closed at my chase bank for unknown reasons-they say they do not have to give any explanation and I was told the branch mgr put in a request to cancel it-even though I purchased over 10 million from them-On one occassion I had a similiar experience-The branch mgr had to make a call to trace my order cause it was missing-she did not want to tell me what they were saying and all I heard her say was "really, that's what my customer said"-now the only thing I told her was it's gonna revalue and I thought it was a good investment.She nodded her head and kept sayng "Really"- She never told me what was said but she looked annoyed-the only thing she told me was it would take a couple of weeks to get-I don't know what's going on-but I agree -very interestink-thanks again
Here's another one..........--------------------------------------------------------------------------------
thanks xealthy for taking the time and posting your info-My account was closed at my chase bank for unknown reasons-they say they do not have to give any explanation and I was told the branch mgr put in a request to cancel it-even though I purchased over 10 million from them-On one occassion I had a similiar experience-The branch mgr had to make a call to trace my order cause it was missing-she did not want to tell me what they were saying and all I heard her say was "really, that's what my customer said"-now the only thing I told her was it's gonna revalue and I thought it was a good investment.She nodded her head and kept sayng "Really"- She never told me what was said but she looked annoyed-the only thing she told me was it would take a couple of weeks to get-I don't know what's going on-but I agree -very interestink-thanks again.
This was posted on another board.............--------------------------------------------------------------------------------
I wanted to get this info straight from the source. So I went to a local Chase branch here in NY. I went to Customer Relations person and told them that I was heavily invested in IQD which I had purchased from Chase. I asked the man if he was familiar with what is happing with the dinar (specifically, I said " Are you aware that Iraq is about to Reval its' currency and he said yes, but when I questioned him on his source of info on the subject he said what he sees in the news- I was not convinced) He seemed very tight lipped. I went on to tell him that I had heard a rumor about the ability to use the IQD as collateral for a loan. He said that he had not heard about it, but that he could make a call which he did. He posed the question to the person on the other end of the call. He did not speak much other than asking "If a loan could be secured using foreign currency - in this instance specifically IQD". then he was listenting to the other party for about a minute or so. Don't know what transpired but after waiting for his response, he said No. I have no idea what the other person was saying but it only takes a few seconds to transmit a No. I said it before and I'll say it again "VERY VERY INTERESTINK!!!!!!!!!!!!!!
This was posted on another board.............--------------------------------------------------------------------------------
I wanted to get this info straight from the source. So I went to a local Chase branch here in NY. I went to Customer Relations person and told them that I was heavily invested in IQD which I had purchased from Chase. I asked the man if he was familiar with what is happing with the dinar (specifically, I said " Are you aware that Iraq is about to Reval its' currency and he said yes, but when I questioned him on his source of info on the subject he said what he sees in the news- I was not convinced) He seemed very tight lipped. I went on to tell him that I had heard a rumor about the ability to use the IQD as collateral for a loan. He said that he had not heard about it, but that he could make a call which he did. He posed the question to the person on the other end of the call. He did not speak much other than asking "If a loan could be secured using foreign currency - in this instance specifically IQD". then he was listenting to the other party for about a minute or so. Don't know what transpired but after waiting for his response, he said No. I have no idea what the other person was saying but it only takes a few seconds to transmit a No. I said it before and I'll say it again "VERY VERY INTERESTINK!!!!!!!!!!!!!!
This was posted on another board.............--------------------------------------------------------------------------------
I wanted to get this info straight from the source. So I went to a local Chase branch here in NY. I went to Customer Relations person and told them that I was heavily invested in IQD which I had purchased from Chase. I asked the man if he was familiar with what is happing with the dinar (specifically, I said " Are you aware that Iraq is about to Reval its' currency and he said yes, but when I questioned him on his source of info on the subject he said what he sees in the news- I was not convinced) He seemed very tight lipped. I went on to tell him that I had heard a rumor about the ability to use the IQD as collateral for a loan. He said that he had not heard about it, but that he could make a call which he did. He posed the question to the person on the other end of the call. He did not speak much other than asking "If a loan could be secured using foreign currency - in this instance specifically IQD". then he was listenting to the other party for about a minute or so. Don't know what transpired but after waiting for his response, he said No. I have no idea what the other person was saying but it only takes a few seconds to transmit a No. I said it before and I'll say it again "VERY VERY INTERESTINK!!!!!!!!!!!!!!
I'm glad you did'nt forget us though, thank you!
Karma, did you ever stop at the bank for some coins?
The Iraqi Dinar Gains Strength Against the Dollar Since War Began
MEMRI - [24/03/2007]
The Iraqi dinar continues its appreciation against the dollar. The rate of exchange has now reached 1300 dinars to the dollar. Before the invasion, the rate was 2000 dinars to the dollar. [The improvement is attributed the monetary policy of the Central Bank.]
http://www.iraqdirectory.com/DisplayNews.aspx?id=3473
The Iraqi Dinar Gains Strength Against the Dollar Since War Began
MEMRI - [24/03/2007]
The Iraqi dinar continues its appreciation against the dollar. The rate of exchange has now reached 1300 dinars to the dollar. Before the invasion, the rate was 2000 dinars to the dollar. [The improvement is attributed the monetary policy of the Central Bank.]
http://www.iraqdirectory.com/DisplayNews.aspx?id=3473
Thank you...Looks like everything progressing nicely, IMHO I think we will be seeing some kind of revalue here within the next 10 to 15 days. Even if it's the .31 that would be awesome for me. Cash in 1 million, take care of business, hold the rest for a higher revalue..... Be nice if it works that way???Ya know??
Vietnamese Brokerage Firms List
1. Vietcombank Securities Co. (VCBS)
Chartered Capital: VND60 billion
Add: Vietcombank Building, 198 Tran Quang Khai Str., Hanoi
Tel: 84.4.8255503; Fax: 84.4.8255548
Business: Brokerage, portfolio management, underwriting, consultancy
2. Bank for Agriculture and Rural Development Securities Co. (Agriseco)
Chartered Capital: VND60 billion
Add: 4 Pham Ngoc Thach Str., Dong Da Dist., Hanoi
Business: Brokerage, dealing, portfolio management, underwriting, consultancy
3. Industrial & Commercial Bank Securities Co. (IBS)
Chartered Capital: VND55 billion
Add: 306 Ba Trieu Str. Hanoi
Tel: 84.4.9741054/9741055; Fax: 84.4.9433700; Email: ibs-ho@hn.vnn.vn
Branch: 153 Ham Nghi, Dist. I, HCM City
Tel: 84.8.9140200; Fax: 84.8.9140201
4. Saigon Securities Incorporate (SSI)
Chartered Capital: VND20 billion
Add: 12 Nam Ky Khoi Nghia Str., HCM City
Tel: 84.8.8218567; Fax: 84.8.8294123; Email: ssi@saigonsecurities.com
Business: Brokerage, portfolio management, underwriting, consultancy.
5. Bao Viet Securities Co. (BVSC)
Chartered Capital: VND43 billion
Add: 94 Ba Trieu Str., Hanoi
Tel: 84.4.9433016; Fax: 84.4.9433012
Branch: 1 Nam Ky Khoi Nghia Str., Dist. I, HCM City
Tel: 84.8.8218565; Fax: 84.8.8218566
6. Bank for Investment and Development of Vietnam Securities Co. (BSC)
Chartered Capital: VND50 billion
Add: Tungshing Building, 2 Ngo Quyen Str., Hoan Kiem Dist., Hanoi
Tel: 84.4.8262959; Fax: 84.4.8262188
Branch: 146 Nguyen Cong Tru Str., Dist. I, HCM City
Tel: 84.8.8218508; Fax: 84.8.8218510; Website: BIDV Securities Company
7. Asia Commercial Bank Securities Co. (ACBS)
Chartered Capital: VND43 billion
Add: 442 Nguyen Thi Minh Khai Str., Dist. 3, HCM City
Tel: 84.8.8334085/8395179; Fax: 84.8.8399885/839988
Business: Brokerage, dealing, portfolio management, underwriting, consultancy
8. Thang Long Securities Co. (TSC)
Chartered Capital: VND9 billion
Add: 14 Ly Nam De Str., Hanoi
Tel: 84.4.7331349; Fax: 84.4.7233335;
Business: Brokerage, portfolio management, consultancy
9. First Securities Co. (FSC)
Chartered Capital: VND43 billion
Add: 99 National Road No. 13, Thu Dau Mot Town, Binh Duong Province
Tel: 84.650.832614/832615; Fax: 84.650.832616; Email: fschcm@hcm.vnn.vn
10. Mekong Securities Co. (MSC)
Chartered Capital: VND6 billion
Add: 2 Phan Chu Trinh Str., Hoan Kiem Dist., Hanoi
Tel: 84.4.9361389/90/91; Fax: 84.4.9361393; Email: hn.msc@mekongsecurities.com.vn, Website: http://www.mekongsecurities.com.vn
11. Haiphong Securities Co. (HSC)
Add: 24 Cu Chinh Lan, Hong Bang, Haiphong
Tel: 84.031.821405
12. Ho Chi Minh City Securities Co. (HSC)
Chartered Capital: VND50 billion
Add: 22-39 Pasteur, Commune Nguyen Thai Binh, District 1, Ho Chi Minh City
Tel: 84.8.9142121; Fax: 84.8.9144755; Email: Ho Chi Minh City@hsc.com.vn
Business: Brokerage, portfolio management, consultancy, dealing, underwriting
13. Dong A Securities Co. (AESC)
Chartered Capital: VND21 billion
Business: Brokerage, portfolio management, consultancy, securities dealing
Voices of Iraq: Missan-Fuel
Posted by: nakr2004 on Saturday, March 24, 2007 - 05:16 PM
Missan-Fuel
Truck drivers protest fuel price hike
By Nizar al-Radi
Missan, March 24 (VOI) – Dozens of truck drivers staged a demonstration near the Missan town hall on Saturday, protesting the Iraqi oil ministry's decision to increase the prices of fuel, the independent news agency Voices of Iraq (VOI) learnt.
The decision also included a cut in the amount of weekly diesel given to truck drivers.
"Our own oil has become our own curse. How can we go on with only 100 liters of gas weekly? How can a driver of a truck that goes hundreds of miles manage with such an amount of fuel?" an angry protester wondered in statements to VOI.
He said, "we demand a radical solution to this problem originally created by the government."
The demonstrators parked scores of trucks in front of the municipal building in the predominantly Shiite province, 380 km southeast of Baghdad, as a means to express their dissatisfaction.
Iraq's oil ministry had increased the price of all fuel by 15 percent, from 350 Iraqi dinars (27 U.S. cents) to 400 Iraqi dinars per liter for benzene and from 300 to 350 dinars per liter of gas oil. It also cut the quotas of fuel for provinces by 35 percent.
Missan-Fuel :: Aswat al Iraq :: Aswat al Iraq
Voices of Iraq: Missan-Fuel
Posted by: nakr2004 on Saturday, March 24, 2007 - 05:16 PM
Missan-Fuel
Truck drivers protest fuel price hike
By Nizar al-Radi
Missan, March 24 (VOI) – Dozens of truck drivers staged a demonstration near the Missan town hall on Saturday, protesting the Iraqi oil ministry's decision to increase the prices of fuel, the independent news agency Voices of Iraq (VOI) learnt.
The decision also included a cut in the amount of weekly diesel given to truck drivers.
"Our own oil has become our own curse. How can we go on with only 100 liters of gas weekly? How can a driver of a truck that goes hundreds of miles manage with such an amount of fuel?" an angry protester wondered in statements to VOI.
He said, "we demand a radical solution to this problem originally created by the government."
The demonstrators parked scores of trucks in front of the municipal building in the predominantly Shiite province, 380 km southeast of Baghdad, as a means to express their dissatisfaction.
Iraq's oil ministry had increased the price of all fuel by 15 percent, from 350 Iraqi dinars (27 U.S. cents) to 400 Iraqi dinars per liter for benzene and from 300 to 350 dinars per liter of gas oil. It also cut the quotas of fuel for provinces by 35 percent.
Missan-Fuel :: Aswat al Iraq :: Aswat al Iraq
Kurds set to boost Iraq oil output
Gulf Daily News - [24/03/2007]
Iraq's Kurdish regional government expects to sign deals with at least 10 foreign oil firms by the end of the year, it said yesterday, as it strives to increase output by 1 million barrels per day over five years.
Ashti Hawrami, minister of natural resources in the semi-autonomous Kurdistan Regional Government, said five production sharing agreements have already been signed with the details to be released in the next few weeks.The companies involved include Norway's DNO, Turkey's Genel Enerji together with Addax Petroleum and Canada's Heritage Oil and Western Oil Sands.
"We are in discussions with a number of other companies and they are ready to come in," Hawrami told a briefing for potential investors in London. "We are holding things back, not them."
Production under the existing five contracts was estimated at 200,000 bpd. Additional foreign investment in the next five years was expected to boost output of new oil by another 800,000 bpd in the next five years. Hawrami said the government was also set to sign several exploration agreements. "I have six or seven contracts to be signed on my desk," he said.
WE ARE GETTING CLOSER EVERYDAY!!!
Kurds set to boost Iraq oil output
Gulf Daily News - [24/03/2007]
Iraq's Kurdish regional government expects to sign deals with at least 10 foreign oil firms by the end of the year, it said yesterday, as it strives to increase output by 1 million barrels per day over five years.
Ashti Hawrami, minister of natural resources in the semi-autonomous Kurdistan Regional Government, said five production sharing agreements have already been signed with the details to be released in the next few weeks.The companies involved include Norway's DNO, Turkey's Genel Enerji together with Addax Petroleum and Canada's Heritage Oil and Western Oil Sands.
"We are in discussions with a number of other companies and they are ready to come in," Hawrami told a briefing for potential investors in London. "We are holding things back, not them."
Production under the existing five contracts was estimated at 200,000 bpd. Additional foreign investment in the next five years was expected to boost output of new oil by another 800,000 bpd in the next five years. Hawrami said the government was also set to sign several exploration agreements. "I have six or seven contracts to be signed on my desk," he said.
An Iraqi-American "partnership" to move the Iraqi economy
Translated by IRAQdirectory.com - [24/03/2007]
Jabr added in a press conference in Baghdad attended by the Iraqi Minister of Industry, Fawzi Hariri, and Deputy of the Under Secretary of the American Minister of Defense for economic transfers, Brinkli Powell, that "expanding and increasing the production capacity of these plants will develop the Iraqi economy and contribute in solving the crisis of unemployment in Iraq".
Jabr Summarized the details of the agreement which was signed between the Iraqi Ministries of Industry and Finance and the American side, saying that the Ministry of Finance will provide initial facilitated loans, through government banks, that reach a total value of six million dollars to help ten plants belonging to the Ministry of Industry for the rehabilitation of their production lines to expand the productive capacity of these plants.
Jabr said that the American role in this process would be "attracting investors who showed their willingness to buy the produced goods at good prices and profitable manner; this has encouraged Iraqi government banks to provide loans to these plants".
He added: "the problem that was facing the process of expanding the production capacity of these plants was finding markets for their products".
Jabr said that the loans provided by the banks will be "facilitated interest rate debt service to no more than four 14 %".
Iraqi Minister of Industry, Fawzi Hariri, said that the agreement would cover "factories and companies which are mostly working at the present time but their production capacity range between 15 to 25%; our ambition is to upgrade their capacities to 80 % of the production and more, and develop them in a modern way suiting the twenty-first century and the sophisticated technology".
He said that such a step "in spite of being modest, it is considered a first step and a successful beginning of an integrated project that will take a year".
Brinkli said that the agreement seeks to "provide ways for cooperation between the industrial sectors in Iraq and the international community, and finding ways of cooperation between Iraqi businessmen and their counterparts in the international community and the United States".
http://www.iraqdirectory.com/DisplayNews.aspx?id=3475
An Iraqi-American "partnership" to move the Iraqi economy
Translated by IRAQdirectory.com - [24/03/2007]
Jabr added in a press conference in Baghdad attended by the Iraqi Minister of Industry, Fawzi Hariri, and Deputy of the Under Secretary of the American Minister of Defense for economic transfers, Brinkli Powell, that "expanding and increasing the production capacity of these plants will develop the Iraqi economy and contribute in solving the crisis of unemployment in Iraq".
Jabr Summarized the details of the agreement which was signed between the Iraqi Ministries of Industry and Finance and the American side, saying that the Ministry of Finance will provide initial facilitated loans, through government banks, that reach a total value of six million dollars to help ten plants belonging to the Ministry of Industry for the rehabilitation of their production lines to expand the productive capacity of these plants.
Jabr said that the American role in this process would be "attracting investors who showed their willingness to buy the produced goods at good prices and profitable manner; this has encouraged Iraqi government banks to provide loans to these plants".
He added: "the problem that was facing the process of expanding the production capacity of these plants was finding markets for their products".
Jabr said that the loans provided by the banks will be "facilitated interest rate debt service to no more than four 14 %".
Iraqi Minister of Industry, Fawzi Hariri, said that the agreement would cover "factories and companies which are mostly working at the present time but their production capacity range between 15 to 25%; our ambition is to upgrade their capacities to 80 % of the production and more, and develop them in a modern way suiting the twenty-first century and the sophisticated technology".
He said that such a step "in spite of being modest, it is considered a first step and a successful beginning of an integrated project that will take a year".
Brinkli said that the agreement seeks to "provide ways for cooperation between the industrial sectors in Iraq and the international community, and finding ways of cooperation between Iraqi businessmen and their counterparts in the international community and the United States".
http://www.iraqdirectory.com/DisplayNews.aspx?id=3475
Check out this email from another board......--------------------------------------------------------------------------------
THIS IS WOOT NEWS:
I sent an email to tahaabdulsalam@uahoo.com and this is his reply. I sent this yesterday and received a reply this morning.
Dear,
The procedure will show up withen 10 days on ISX website.
Regards,
Taha
Bettye xxxxxx <xxxxxxx@kc.rr.com> wrote:
I am in the US and want to buy stock in the Iraqi Stock Exchange. What is the procedure?
Thank you,
Bettyexxxxxx
bxxxxxx44@yahoo.com
I hope it means what I think it means!!!!!!!!!!!!
Check out this email from another board......--------------------------------------------------------------------------------
THIS IS WOOT NEWS:
I sent an email to tahaabdulsalam@uahoo.com and this is his reply. I sent this yesterday and received a reply this morning.
Dear,
The procedure will show up withen 10 days on ISX website.
Regards,
Taha
Bettye xxxxxx <xxxxxxx@kc.rr.com> wrote:
I am in the US and want to buy stock in the Iraqi Stock Exchange. What is the procedure?
Thank you,
Bettyexxxxxx
bxxxxxx44@yahoo.com
I hope it means what I think it means!!!!!!!!!!!!
Finance Minister Baqer Jabr Al-Zubaydi disclose details of the targeting of the Ministry of Finance
24/03/2007
The Minister of Finance revealed Jabr Al-Zubaidi on important details of the targeting of the Ministry of Finance last week, the minister said in a statement to the channel broadcast the Euphrates
Yesterday, the terrorists were targeting the important meeting in Alozrarh comprising ministers and ambassadors to discuss the details of the work in the ministry and to discuss the new budget. The minister said that terrorists have obtained information on the meeting, the minister held the meeting in another location. He asked the Minister of Finance to investigate the incident and said that the truck was carrying a ton and a half tons of explosives and toxic gases, which led to the destruction of the entire infrastructure of the Ministry of despicable The minister pointed out that the ministry did not lose any of the important documents.
The minister said that the truck remained near the ministry for four hours has not been drawn to another place if withdrawn to a distance of twenty meters to have avoided a lot of losses. why was the target of the Ministry of Finance said that the targeting of the achievements of the ministry, which got the best of the Ministry of Finance in the Arab world according to the International Monetary Fund and the targeting of the high growth rates achieved by the ministry.
ÞäÇÉ ÇáÝÑÇÊ ÇáÝÖÇÆíÉ
Finance Minister Baqer Jabr Al-Zubaydi disclose details of the targeting of the Ministry of Finance
24/03/2007
The Minister of Finance revealed Jabr Al-Zubaidi on important details of the targeting of the Ministry of Finance last week, the minister said in a statement to the channel broadcast the Euphrates
Yesterday, the terrorists were targeting the important meeting in Alozrarh comprising ministers and ambassadors to discuss the details of the work in the ministry and to discuss the new budget. The minister said that terrorists have obtained information on the meeting, the minister held the meeting in another location. He asked the Minister of Finance to investigate the incident and said that the truck was carrying a ton and a half tons of explosives and toxic gases, which led to the destruction of the entire infrastructure of the Ministry of despicable The minister pointed out that the ministry did not lose any of the important documents.
The minister said that the truck remained near the ministry for four hours has not been drawn to another place if withdrawn to a distance of twenty meters to have avoided a lot of losses. why was the target of the Ministry of Finance said that the targeting of the achievements of the ministry, which got the best of the Ministry of Finance in the Arab world according to the International Monetary Fund and the targeting of the high growth rates achieved by the ministry.
ÞäÇÉ ÇáÝÑÇÊ ÇáÝÖÇÆíÉ
Iraq pledges to go ahead in the area of economic reforms
24 / 03 / 2007
Iraq had pledged to move forward in the area of economic reforms, considering addressing the problem of inflation in the country is one of the priorities in this area
This came in a letter addressed to the Finance Minister Baqer Jabr Al-Zubaydi, the Central Bank Governor Sinan Shabibi, to the International Monetary Fund.
The letter contained the Central Bank pledged to continue to apply strict credit policy to curb inflation and allow an assessment of the exchange rate gradually explaining that the high rates of inflation to justify continuation of this policy.
The letter stated that the government is still supporting and encouraging the private sector and Kanasrasasi amendment in the process of importing oil derivatives.
ÞäÇÉ ÇáÝÑÇÊ ÇáÝÖÇÆíÉ
Iraq pledges to go ahead in the area of economic reforms
24 / 03 / 2007
Iraq had pledged to move forward in the area of economic reforms, considering addressing the problem of inflation in the country is one of the priorities in this area
This came in a letter addressed to the Finance Minister Baqer Jabr Al-Zubaydi, the Central Bank Governor Sinan Shabibi, to the International Monetary Fund.
The letter contained the Central Bank pledged to continue to apply strict credit policy to curb inflation and allow an assessment of the exchange rate gradually explaining that the high rates of inflation to justify continuation of this policy.
The letter stated that the government is still supporting and encouraging the private sector and Kanasrasasi amendment in the process of importing oil derivatives.
ÞäÇÉ ÇáÝÑÇÊ ÇáÝÖÇÆíÉ
Friday Nasiriyah : There are huge funds earmarked for the development of the marshes, but we did not notice any difference
:Iraqi national-Luna / Dhi Qar / News Network Nasiriyah / or the congregation for Friday prayers in the city of Nasiriyah for today (March 23, 2007) Samaha Islamic thinker, Ayatollah Mohammad Baqer al-Nassiri Sheikh The sightings Aiz to several things during prayer positions at the forefront of which :
# .# Sightings urged people in his Friday sermon on the first conviction and pointed to the importance in life of the individual, where he said ((contained in the interpretation of God's peace House officials convinced them to the Prophet Mohammad, God said (no Abdel only between him and the livelihood of the screen satisfied Attah's livelihood) , does not mean I am willing to sit in the House or Asph in the mosque! not .. the issue is that it must work and produce, but does not turn into seven Dari or murderer! the conviction meant that takes everyone in the community and the world, teacher and staff member in charge, not to leave my responsibility, practical and has collected money only)).
# Urged worshipers discourse on the need to reconstruct the country and for that we first built by the ((Iraq agricultural and industrial countries, but sadly we have not seen agriculture today, our markets are full of imported goods, we PSS consumers, not producers ..
.Therefore, we must reconstruct our country and all of the misplaced ... World and the official and professor and staff member .. Yargal Muslims, Jansae Muslims, O believers mothers, you sons of the faithful : God calls us to reconstruct a n this land, God calls us to integrate and distribute roles among us Flenaud of our real world producers and consumers, not as we are now)).
#
.# In the second sermon touched Eminence Sheikh to the Koranic verse ((Vastqum also ordered)) and the discourse to explain this verse by saying that ((I mean God calls us to widen want, not as we want ... If all is for humans to become each and every one of us flick legislation as indulgent and mood, and over time become this man is different from us, not links, such as our ties and our religion the same ... God tells us Astqum also passed ..)) .
# .# The sightings have the money to the huge budget officials to talk about reconstruction maintain ((We hear the figures and huge budgets explosive but unfortunately did we observe, did not see so far one street floored us correctly, and unfortunately, most officials apologizing and say that millions disposal to combat terrorism and maintain security. Yes, we must fight terrorism, but at the same time we must reconstruct the country must compensate the province, which tasted calamity during Saddam's dictatorship)).
# .# Touched sightings to the budget allocated for the rehabilitation Marsh ((Unfortunately there is huge sums allocated for the rehabilitation of the marshes! But noticeable in the marshes three years ago and now the same thing did not happen in the residential areas which we expect, where these funds went .. It must be responsible to contact the people must see their needs , May Come net electricity or water to the marshes? ... it must be related to the government and the people who live with them to see their needs, we know today that the government has a responsibility to a huge contribution to the fight against corruption and terrorism and we are encouraging their hands and tell them if it does not only the execution of Saddam and the Aljazarawi Enough .. But however, we must attend to the needs of people and come to the weight of their understanding of the God in their necks)).
22-3-2007The exchange rate of the Iraqi dinar against other currencies in Basra 3-22-2007
/Iraqi national-Luna / Alagnassadeh / Basra /
The American dollar 1290 dinars
Euro 1650 dinars.
UAE dirham 350 dinars.
Saudi riyal 340 dinars.
Jordanian dinar 1820 dinars
Kuwaiti dinar 4360 dinars
22-3-2007The exchange rate of the Iraqi dinar against other currencies in Basra 3-22-2007
/Iraqi national-Luna / Alagnassadeh / Basra /
The American dollar 1290 dinars
Euro 1650 dinars.
UAE dirham 350 dinars.
Saudi riyal 340 dinars.
Jordanian dinar 1820 dinars
Kuwaiti dinar 4360 dinars
Dammmmm I thought that was the 23rd...........Excuse that last post
Dammmmm I thought that was the 23rd...........Excuse that last post
AWESOME!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!--------------------------------------------------------------------------------
GMTThe latest update : Tuesday, March 13, 2007-2:13 GMT
The Iraqi Central Bank announced a series of measures to provide monetary stability
The Iraqi Central Bank announced its intention to reduce inflation and increase the value of the Iraqi dinar to provide monetary stability and to expand and accelerate economic growth rates.
A statement issued by the Central Bank of Iraq that the bank's monetary policy in the coming months will depend on two basic references raise the exchange rate of the Iraqi dinar and increasing interest rates, the Central Bank of Iraq. It should be noted that the Central Bank took several measures to build a new strategic banking transactions aimed at reducing the phenomenon inflation, which is suffering from Iraq because of the circumstances preceding and the Central Bank of Iraq concluded many agreements with the World Bank and the International Monetary Fund and the Paris Club countries, which seeks to restore Aldenarlemkanth as he was in previous decades
The World Bank in its statement that its activities in implementing the policy will take a few months until the effects on inflation trends and its operations.
__________________
gold value amounts to hundreds of billions of dollarsis to cover the the value of the Iraqi currency the circulated
Iraqis realize the value of the dinar is rising, they will stop immediately exchanging their currency into dollars,
Finance Minister Baqer Solagh said the same year should see the value of the Iraqi dinar surging as a sign of a robust economy.
He expected a significant improvement in the rate of the iraqi dinar, and the drop in prices according to this improvement
AWESOME!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!--------------------------------------------------------------------------------
GMTThe latest update : Tuesday, March 13, 2007-2:13 GMT
The Iraqi Central Bank announced a series of measures to provide monetary stability
The Iraqi Central Bank announced its intention to reduce inflation and increase the value of the Iraqi dinar to provide monetary stability and to expand and accelerate economic growth rates.
A statement issued by the Central Bank of Iraq that the bank's monetary policy in the coming months will depend on two basic references raise the exchange rate of the Iraqi dinar and increasing interest rates, the Central Bank of Iraq. It should be noted that the Central Bank took several measures to build a new strategic banking transactions aimed at reducing the phenomenon inflation, which is suffering from Iraq because of the circumstances preceding and the Central Bank of Iraq concluded many agreements with the World Bank and the International Monetary Fund and the Paris Club countries, which seeks to restore Aldenarlemkanth as he was in previous decades
The World Bank in its statement that its activities in implementing the policy will take a few months until the effects on inflation trends and its operations.
__________________
gold value amounts to hundreds of billions of dollarsis to cover the the value of the Iraqi currency the circulated
Iraqis realize the value of the dinar is rising, they will stop immediately exchanging their currency into dollars,
Finance Minister Baqer Solagh said the same year should see the value of the Iraqi dinar surging as a sign of a robust economy.
He expected a significant improvement in the rate of the iraqi dinar, and the drop in prices according to this improvement
Yeah right... my favorite one is "Where do I buy the dinar at??".........Hello did you not just scroll down past all this info., and did'nt even stop to read what the hell your investing in! Come on!
LOL......That was funny....nothing else like having someone else do your dirty work........Yeah why your at it, grab me a burger, and some fries too...LOL
I'm in the Akron / Cleveland Area. Ohio
I'm in the Akron / Cleveland area. Ohio
I just got off the phone with my contact at Chase bank, I told her I was interested in 10 million, she said she would call me back to verify the funds were in stock. She called me back, and said she just got off of the phone with Bank Of America and said, they were avalible...... You know of course BOA supplies Chase. Some time ago I asked her for the number of BOA, you know tring to cut out the middle man, and she would not give it to me,Bank Information only...OK