Banks closed

[Biker]

Iraq Bank Holiday Saturday, Nov. 26, 2011 and possibly the 27th, in Observance of the Islamic New Year - El am Hejir ...

So far, Saturday, November 26th 2011, Islamic New Year Iraq* link

Also, November 27, 2011 observed ~ Muharram/Islamic New Year 2011 Sunday, November 27, 2011 link

November 26, 2011 (estimated). Al-Hijra is the Islamic New Year, celebrated on the first day of the month of Muharram, the month in which Muhammad emigrated from Mecca to Medina. The holiday is also called simply Muharram.

November 26, 2011

NOTE: The Holiday begins at sundown on the evening before the date given. The Islamic calendar is based on lunar observation; thus, the above date may vary by one or two days. Dates apply to North America. link

__El am Hejir__

Observed by: Muslims

Observed on: First of Muharram, the first month of the Islamic calendar

The Islamic calendar is based on the revolutions of the Moon, so it has only 354 days. Dhu al-Hijjah, the New Year, begins on the first day of Muharram, the first Islamic month. Because all Islamic days start at sunset, so do the holidays.

New Year

The Islamic calendar is a lunar calendar, based on the revolutions of the Moon. The Muslim New Year is celebrated on the first day of Muharram, which is the first month of the Islamic calendar.

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Posted by kel at 11/19/2011 06:41:00 PM Labels: 2011, El am Hejir, Iraq Bank Holiday, Muharram, November 26

Dam thease guys get more time off then a cab driver.

[jas428]

Does that surprise you? They'll have more in December too! Hopefully in the days in between they can get some important laws passed and move forward - but they do typically move at a snails pace and the holidays don't help!

[GODyesRVmaybe]

Does that surprise you? They'll have more in December too! Hopefully in the days in between they can get some important laws passed and move forward - but they do typically move at a snails pace and the holidays don't help!

They actually seem to believe in the one step forward, two steps back philosophy.

[Prophecy]

Didn't Shabibi say he wanted to raise the exchange rate after the new year? So which won do you pick?

[redsand]

Didn't Shabibi say he wanted to raise the exchange rate after the new year? So which won do you pick?

Also, it is believed the banks will be closed for a couple days as well before it could happen anyway. We know this.

[Carrello]

Didn't Shabibi say he wanted to raise the exchange rate after the new year? So which won do you pick?

it is hard to say which new year they are referencing: The Islamic new year is next week, the fiscal new year starts January 1. But both are close!