Catluver67

“noting that the parliament received more than five drafts of the law during the previous two sessions.“ Interesting that they received 5 drafts in the last 2 session but we didn’t hear about that...seems they were working on it in the sessions and not saying anything about it...thoughts??

There’s nothing about 1-1 they are talking street rate and market rate.

At least 4 times already...

I'd love to see how many show up for this...maybe 3 people? And they are all related to him lol

It's a translation issue... It's a new 50 dinar coin that will be WORTH what 50,000 dinars is currently ($43) but marked as only 50...thus deleting the zeros. See the explanation from 2012 below. 'Iraq confirmed it will issue a new banknote valued at 50,000 dinars (US$43), but marked as 50 dinars.' Iraq planning new 50,000-dinar note Mar 08, 2012 11:45 AM Category: Middle East According to an article on Iraq-Business News dated 28 November 2011, the Central Bank of Iraq confirmed it will issue a new banknote valued at 50,000 dinars (US$43), but marked as 50 dinars. Deputy Chairman Dr. Muzher Saleh said the bank is working to issue this new money in addition to coins in both Arabic and Kurdish in an effort to address the liquidity problem in Iraq. Currently the largest denomination in Iraq is the 25,000-dinar note (Pick 96). The new currency will include symbols that reflect the diversity of Iraq’s sects and cultures including the Kurdish culture. “Iraq needs to support its economy and its currency through the issuance of a currency similar to foreign ones like the $100 bill,” Saleh added.

Bump... Sounds like Saleh is talking depegging from the USD...

I continue to be impressed with Abadi. He has done wonders for Iraq. I think he is definitely more than deserving of being in that top 100!

My thoughts exactly...

Will be this Sat...

Yeah that's really interesting...nice post blue...

Agreed...

Bump... This sounds pretty interesting... "noting the current financial crisis will be gone within the next few days"

That's definitely the lowest I have ever seen and I check it everyday as well...maybe they unpegged this morning and forgot to tell us... : )

Lmao! That's was great!

This might be my favorite post of this entire investment!!!

I agree...it's not I'm working on this first 'then' this, but rather I'm working on this 'and' this right now.

Me too...

That's good news! Maybe we will see a second reading about paving the streets and some other equally important laws on the agenda!!

Care to elaborate more on this??

Bump... "...in order to proceed with the implementation of the strategy recently launched by the government to support the economic reality in the country." This sounds very interesting...

OMG and lightening didn't even strike him...what a shame...

"direct: the Iraqi Central Bank said on Monday it was selling 138 billion dinars from the sale of full-emissivity remittances Bank for 91 days." So they are selling dinar instead of dollars now?

Me too! : )

Agreed...

I agree I would think it have to be worth more than .04 to take the time to go to the bank. $5 or something maybe but not .04...just my thoughts