[3:07:58 AM] *****™: bummer, well that could be a positve and its still comin :)
[3:22:33 AM] *****™:
.http://todayiraq.com/2011/01/al-shabibi-we-could-control-the-rise-of-u-s-dollar-through-the-iraqi-cash-reserves/
Al-Shabibi: We could control the rise of U.S. dollar through the Iraqi cash reserves
news — By admin on January 11, 2011 at 4:24 pm
The governor of Iraqi Central Bank Dr. Sinan al-Shabibi stated to (Al-Sabah paper) that the central bank has proved its ability to meet the disclosure of Iraq dinar and limit the deficit against the dollar due to the accumulation of Iraqi cash reserves, which exceeded 41 billion dollars, as stated in the conference of banking business, which held under the auspices of Iraqi Banks Association with high-level representation of the Iraqi Central Bank.
Al-shabibi said that there might be participations in the first stage to finance the wheel of major reconstruction, and we in the Iraqi Central Bank would encourage the entry of private banks in financing the strategic projects.
With regard to the high exchange rate of U.S. dollar, Alshabibi said that Iraqi Central Bank does not work randomly, but there are some measures that we have tried to check out for some important issues in central bank’s auction, because the situation was very sensitive and has an impact on the market rapidly, the dollar exchange rate moved upward, which we wish clearly that the rapid realization what makes the bad reaction of the market’s exchange rate, but the capacity of the Central Bank and its hard work was able to go back to stability and full control over the cash reserve which is managed by the Central Bank of Iraq that dealt with the case of oscillation at high speed.
Alshabibi called the Iraqi officials to make sober statements about monetary policy, because we are talking on developing a particular sector, the most sensitive and important sector which is real advance for the development in Iraq, and as mentioned above, the purpose of the reserve is to stabilize the Iraqi dinar, that the Central Bank succeeded to sustain.
Alshabibi added that the Iraqi private banks have good financial status now, to contribute in the investment of big and medium enterprises, as they are qualified to play a real role in reviving the Iraqi economy.
Alshabibi called the private banks to take the advantage of the Iraqi government’s invitation to support the private sector through playing the role of money product supplier and urged the bankers to access to ideas aimed to develop the Iraqi banking sector
[*****] everything is done
*****] something internally needs to be finshed
[*****] things are popping
[*****] it will get here
[*****] by tomorrow
[*****] ***** , Awesome!!
[*****] we need to stay positive
[*****] were here
[*****] Good Night all!!
[******] ***** that's great news!!
[*****] this is what we have been waiting for
*****] everyone should go to bed with the dream of what car your going to buy and in what color
[*****] we appreciaye all of you
[*****] and folks thanks for not bashing me when stuff didn't go the way it was planned yesterday
[*****] THANK YOU
[
[*****] GOD BLESS ALL OF YOU.....AND WELCOME THIS BLESSING WITH OPEN ARMS .....BECAUSE HERE IT COMES BABY
[3:45:44 AM] *****™:
[3:40 AM] *****™:
<<< this guy is the G out of get...
[s] We have intel confirming that this will be done by morning time.
doesnt speak often
came out yesterday saying his "intel" not same as tk's says its all done
*****] This is coming from a high level U.S. source
[*****] We are also hearing that the rate will be $5.27 for banks and...
[*****] $6.18 or so for CBI
[*****] We also have Hong Kong sources who don't know each other saying the same thing
*****] We have a couple of sources saying that 5/3rd bank is being told about RV happening in the next 24-48 hours
[7:34:14 AM] *****™: .[****] all this 'jockeying' around for 'post position' is very similar to horses being loaded at the start of a race...the "RV Stakes Race" is about to begin...and there are some horses being loaded into the stahls that are antsy...imo...that is why we see the little Jordan maneuovre and the Doha Kuwait bank stunt... last minute deals working their way out to fruition as we are 'bout to see the bell go off.....yippeee
http://www.oanda.com/cgi/fxlookup/CurrencyInfo.pl?currencyCode=IQD
That oanda rate..makes the Dinar $3+ also
More and more sites showing new rates
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[*****] gankins was on late last night very very excited about today
[*****] last night from gankens..... [*****] I'm confirming that we new intel, not related to TK or Al are concurring about the same intel of a deadline of midnight tonight for the RV of a rate for banks at $5.27 and CBI at $6.18 10:37 PM [*****] My intel is very credible and very high up, but not from same neighborhood as TK or anyone else. 10:38 PM [*****] EST, PAC, not sure which time, but it must happen before midnight of 1-11-11 ankans] Guys and gals, you will see it on forex for sure, but you may see at several banks here and there very soon
[ajax] we all have to keep in mind though...that even most, if not majority or all, of our 'intel sources',even though they might be high ranking officials or people in financial positions....still are NOT Maliki, Shabibi, or the one ot two ultimate POWER people in this game.... they put their pants on one leg at a time just like you and i....and evidently,,...they too, keep ultimately getting 'dawged'....
[*****] OK. Hear it is. According to Forex in Uganda direct from the owner 1 IQD = 1.98 USD
[*****] ***** ok we are on our way ............................... good
[*****] ***** Well it definitely says that they are at least testing the waters out there doesn't it?? Strange.
[*****] He told me that there was some definite positive movement in the IQD. [*****] I usually never share intel as I believe there is always the possibility of human error. But, I trust this source as I have met him personnally. It is always RUMOR until done! http://translate.google.com/translate?hl=en&langpair=ar|en&u=http://www.iraq4allnews.dk/ShowNews.php%3Fid%3D4315&prev=/translate_s%3Fhl%3Den%26q%3Dhttp://www.iraq4allnews.dk/%26sl%3Den%26tl%3Dar&rurl=translate.google.com&twu=1
[8:10:46 AM] *****: thx man!
[8:10:58 AM] *****™: np
[8:19:33 AM] *****™: [*****] interesting post on DD from Anthonio sayine Etrade was told to add dinar on there site effective Friday. currently not listed on there site Hmmmm
[*****] Too much intel going around thursday & friday praying
[hope44] chickadee there was a lady in the chat room of the think tank that said she heard from a realiable source that on the back screen it showed the $5.27 rate and it appeared there on Fri at 8:27 a.m. . she also shared it takes 84-86 hrs before others see it and the time was up yesterday a.m. (she called it live and hot at 8:27 a.m. last Fri.
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[10:01:33 AM] *****: [timsters] house1, on 12 January 2011 - 09:44 AM, said: Good morning, Although this is my first post here I assure you I am not a stranger to reading the content of this site. I would like now to confirm that a lot of the information you are recieving here is in fact true and to not be discounted. I cannot disclose who I am but I can assure you the accuracy of what I am about to tell you. I have a position in Washington, DC that at times allows me to be a part of briefings from the State Dept..This morning I have learned that it is in the interest of Iraq for the progress of their country in terms of trade that the IMF will be revaluing the Iraqi dinar on Jan. 14th. As a fellow investor of the currency of Iraq I felt as though I would share this with all of you to be proactive in your preparations for this. I have been a part of many briefings on this matter but not until now has anything been definite. That is why I chose this moment to finally comment. I know this will have an impact on not only Iraq, but on the US as well. God Bless you all,
+++++++++++++++++++++++++++++++++++++++++++++++++
Frank Stuff -
Darline speaks of business people she- the DOHA site - he inquired on the Kuwait Dinar first then the IQD - they said they are NOT selling or buying those and he said it was on their site an yes we were yesterday...her business friend called to get the correct answer about the $.35 its wrong - for 24 hour period they did buy Dinar at not $.35 but a verified price of $2.82 per Dinar in Kuwait - and in conclusion this morning after that time they no longer have the IQD rate on their site, we feel it could have been two insight the preparations to Kuwait - what if Iraq let this happen for a certain period - its not because its on the FOREX and we do believe its close and then the rate came down for SOME REASON of request
Frank says none of us understand what these counter sites are doing but in fact they are doing something with the currencies in the ME show that they ARE DOING SOMETHING
Iraq TV today says that coordination assistance will come with a complete GOI - they are working hard to fulfill the Government now... due to that TV statement today I believe that Shabibi is going to work with Maliki to get this done
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