Rumors



Investing in Iraq 2009

One Iraqi Dinar circa 1947

IRAQ KING FAISAL 1 DINAR BANKNOTE
IRAQ KING FAISAL 1 DINAR

1/2 Iraqi Dinar circa 1973

IQ62

1/4 Iraqi Dinar 1993

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319_002

1/4 and One Iraqi Dinar coins circa 1982

IRAQ-1982-BABYLON-COMMEM-COIN-PAIR-1-4-1-DINAR-0

Five Iraqi Dinar circa 1982

iraq-5-dinars-ah1401-1981-p-70-unc

Ten Dinar banknote circa 1973

INVESTERS HEADING TO IRAQ 2009

 

Shabibi April 2011

17 thoughts on “Rumors

  1. Newshound Guru jaxjags A couple of weeks ago I reached out to an investment company with offices in Iraq. I saw one of the partners of this firm on a major news network and decided to reach out. …about 30 minutes later I received a reply to my e-mail. I will not say exactly what I am asking about. But I can assure you that I did not ask about a rate nor date. I did ask about the subject of a peg. Here s part of their reply: “…that since it was written before the Central Bank started to maintain the de facto dollar peg. However, Iraq does not have an official peg.” Notice now…these are people who are managing contracts worth $100s of millions, and yet their statement is: “…However, Iraq does not have an official peg.”…”…the Central Bank started to maintain the de facto dollar peg.” De Facto…is not official. The current value is not official and it does not reflect the true value of the IQD. The current buy/sell value is based upon an agreement between the CBI and GOI.

    • Hi TRC, how are you?

      Well…one day this rumor will become reality….we have waited for that day….

      Thanks, again, TRC, for everything you do for us here.

  2. here`s the daily info from http://www.rs.iq/ RABEE`S securities ISX
    market rate 1,300! ISX IQD/USD MARKET INDEX IQD1092/ USD1090 THOSE NUMBERS REPRESENT THE GOING RATE ON THE IRAQ STOCK EXCHANGE! CHA- CHING IS COMING WE JUST HAVE TO WAIT!!

  3. They WTO had scheduled them to be a member the last few years, but that does not mean anything to them. They can obviously join when ever they feel like it. Nothing with this.

    • Some of us speak out with a resounding “YES”.Shrug. Some of us rebemmer that Viet Cong were at best a minor harrasing force after 1968. That the NVA was sent in to take over the fight for them. We know that the Easter 1972 invasion (more tanks than the German army owned in 1940) was stopped dead in the tracks (with local exceptions) by South Vietnames ground forces and air and log support by the US.We rebemmer that the cost of turning back that invasion was light (for the US) compared to the task completed.We rebemmer that two years later, a Democratic controlled congress slashed funding to South Vietnam – five cartridges for each soldier – and eliminated medical supplies. NVN repeated the offensive in 1975 and won. Even brave soliders cannot fight without ammuntion, and blanche at the thought of surgery without anesthetic. Or bandages.So, yes. By all means abandon the theater. Let us make sure that Iraq is another Vietnam in all respects, including the ending. Then the far Left can (again) say we told you so and (again) completely miss the reason behind the loss.

      • Hi, Tun

        Thank you for sharing here.

        I, too, remember those terrible days you speak of….when U.S. foreign policy was dictated by U.S. politicians and popular polls….which resulted in our turning our back on South Vietnam. We know the rest of the story.

        One can only hope that the lessons learned in Vietnam will not be repeated by this current administration, congress, or electorate.

        Iraq is our friend, and ally. They realize they need our help. I hope we don’t turn a blind eye and a deaf ear to them.

        Iraq, and all the free world, has too much to loose by allowing another Vietnam ending for Iraq now.

        I know everyone here does not share our views. I understand, and wish for everyone here every happiness and blessing of life. I just can’t be silent any longer.

        I continue to hope our waiting is not in vain here.

        Thanks, again, to TRC, and all his associates. Please keep sharing.

        your dinar friend,

        Tennessee firebrand

  4. WTO scheduled Iraq to enter full membership this year, if they meet the criteria. Iraq needs a credit rating from WorldBank, in order to do so they need convertible currency against world’s currency.

    • source of rumor? If its CBI stating that zero’s would start in 1st period of 2015, than its no rumor. If its all the chatter on all the forums, well thats been around for years. But the fact that you put that little slice of rumor on your forum really peaks my interest 🙂 care to expand?

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