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CBI announced foreign exchange reserves rise to 63 billion dollars

5/28/2012

65 Comments

 
Picture
CBI announced foreign exchange reserves rise to 63 billion dollars

Picture
CBI announced foreign exchange reserves rise to 63 billion dollars
Sunday 27 May 2012
Deputy Central Bank Governor Mohammad Saleh appearance

The Iraqi Central Bank, announced Sunday, rising foreign exchange reserves to $ 63 billion, saying it was the largest in the history of Iraq, said those reserves a few in a country still lacks economic diversification.

He said the Bank’s Deputy Governor Mohammad Saleh appearance in an
interview for “alsumaria news”, that “the Iraqi Central Bank reserves of hard currency rose to 63 billion dollars after it was 60 billion dollars by the end of last year, indicating that 2011″ “this height will increase confidence in the local currency and increase stability”.

Saleh said “these reserves despite being big and the largest in the history of Iraq through access to 63 billion dollars, but it remains below the level of ambition”, noting that “these reserves are low in a country like Iraq owing to weak economic diversity and its dependence on a single commodity in balance.”

Saleh said that “these are a few before our reserves if oil ports closed in Iraqi exports for any reason for a week or more”, stressing the need to “prepare dramatically so.”

And invited the Deputy Governor of the Central Bank of Iraq to “follow the example of the State of China tend to Krb dollars which is equivalent to one third of the official reserve currency of the world, as well as the enormous diversity of its economy.”

The Iraqi Central Bank, announced on 6 January, the foreign currency reserves rise to 60 billion dollars, for the first time in the history of Iraq, after the beginning of September in the year 2011 higher precautions amounted to 58 billion dollars after 50 billion dollars by the end of 2010.

The Iraqi Central Bank holds daily meetings for the sale and purchase of foreign currencies with the participation of Iraqi banks, with the exception of holidays which the Bank stops on these auctions and sales either cash or money orders sold to abroad for a certain fee.

65 Comments
Martin
5/28/2012 04:07:03 am

very interesting...... so when is the RV?

Reply
LOIS JOPINER
5/28/2012 05:45:56 am

WHEN IS TH RV?ID LIKE TO KNOW ALSO!

Reply
Harold Redekop
11/22/2014 02:58:01 am

Dr Timm
7/23/2014 11:50:59 am

All this is in the past. What about some new like updates 2014?

Reply
Harry Rowland
5/28/2012 04:21:21 am

Thats great news, but I am like the rest WHEN DO IT GET TO RV thats what we all is waiting for,That great and wonderful

Reply
JE.Prado
5/28/2012 04:26:20 am

nadie sabe el momento del[global reset]pero los bancos prefieren los [15y30]de cada mes mas los 30.si nos mantenemos en un rate alto.si es bajo van a comprar mas porque saben que va subir.[lo puedo poner en ingles pero hay muchos latinos que tambien tienen[Prof.Prado]

Reply
Lissette
5/9/2013 07:59:44 am

Gracias por considerar la population latina que tambien estan interesado en el Dinar

Reply
guille r
8/30/2013 05:50:06 am

Que bien!! gracias por comentar, es la primera vez que se de alguien en español. Tu sigue comentando, no hagas caso de los comentarios racistas. hasta se pueden reportar a la red.

Reply
R. Velez
12/2/2013 05:42:29 pm

Prof. Prado,Si es verdad hay muchos latinos que tambien tienen dinares,y no saben lo que esta pasando, no entienden y seria bueno que Ud siga haciendo los comentarios en Espanol, para cuando Ud cree que sera la RV. Gracias.

Reply
Jerry Lewis
5/28/2012 04:53:28 am

No english, no answer

Reply
Dinar Locked
2/22/2014 06:55:01 am

This is kind of cold of you to say this. Anyone who is involved should be allowed to at least ask for information.
The entire world's population does not speak English.
I too would like to have the RV, so I can move forward to the next thing.

Reply
brian1602
5/28/2012 04:54:27 am

Everybody in the world wants this RV, but Dr Shabibi will not RV with Maliki as PM. Maliki is the final stumbling block, when he goes , we go to the bank.

Reply
Jesse
5/28/2012 09:17:32 pm

If Maliki is the problem, then this is going to be a long, long, wait!
The reason I say this is because we have head of his departure so many times before. The only way Maliki is going I feel, is if and when he DROPS DEAD!

Reply
Jesse
5/28/2012 09:20:59 pm

Second line tenth word, heard not head, SORRY.

dana
10/31/2012 11:06:05 pm

Mailiki is gone ... now what are we waiting on?

Reply
AZgirl
5/28/2012 05:18:31 am

I really want to know just how significant all of us dinar holders
really are to Iraq. 30 million holders of the currency waiting for
it to revalue compared to the 6 billion people on the planet
seems insignificant. Why all the blah blah at this point? Just
get Dr S to move forward and do the right thing.




Reply
John Arthur link
5/28/2012 06:00:37 am

If I may respond to Azgirl, Please my fellow dinarian we must all understand that what ever the Iraqi Government do will be foremost for the benefit of Iraq and the people of Iraq. Please be advised that they will try their best to have all the dinars returned at the lowest possible rate for the benefit of their economy. Put yourself in their place. suppose you were the Central Bank governor I am certain that you would use your expertise as a patriot and a Banker to call in all your dinars at the lowest possible rate with a time line attached, and then raise to the realistic value because your mandate is to protect and stabilize your country's economy.
I wish to encourage all of us to put the shoe on the other foot (so to speak) sometimes. We must look at facts and be realistic always.
Sincerely
John Arthur

Reply
John Arthur link
5/28/2012 06:00:44 am

If I may respond to Azgirl, Please my fellow dinarian we must all understand that what ever the Iraqi Government do will be foremost for the benefit of Iraq and the people of Iraq. Please be advised that they will try their best to have all the dinars returned at the lowest possible rate for the benefit of their economy. Put yourself in their place. suppose you were the Central Bank governor I am certain that you would use your expertise as a patriot and a Banker to call in all your dinars at the lowest possible rate with a time line attached, and then raise to the realistic value because your mandate is to protect and stabilize your country's economy.
I wish to encourage all of us to put the shoe on the other foot (so to speak) sometimes. We must look at facts and be realistic always.
Sincerely
John Arthur

Reply
John Arthur link
5/28/2012 06:02:46 am

If I may respond to Azgirl, Please my fellow dinarian we must all understand that what ever the Iraqi Government do will be foremost for the benefit of Iraq and the people of Iraq. Please be advised that they will try their best to have all the dinars returned at the lowest possible rate for the benefit of their economy. Put yourself in their place. suppose you were the Central Bank governor I am certain that you would use your expertise as a patriot and a Banker to call in all your dinars at the lowest possible rate with a time line attached, and then raise to the realistic value because your mandate is to protect and stabilize your country's economy.
I wish to encourage all of us to put the shoe on the other foot (so to speak) sometimes. We must look at facts and be realistic always.
Sincerely
John Arthur

Reply
The G-Man
5/28/2012 05:32:26 am

Prof. Prado. Soie No hablo espan'ole muie bien. Enciendo enfocol. Can't spell either LOL. I'm learning.

Reply
JE.Prado
5/28/2012 05:52:18 am

we are waithin for Maliki for give of is all.EUA make the move.thas all.

Reply
John Arthur link
5/28/2012 05:39:51 am

I find it rather strange that people are asking when will the RV occur because we all know from announcements made by The Iraqi government and the state department that there will be no RV until after January 2013 providing the Social.political and economic situation improves. We were also told that the rate will be very low with a cash in window of 1 to 2 years again depending on the cash flow. My friends I purchased my dinars in 2005 at that time I was told not to expect anything before 2015, but it seems from all the official news out there (not rumors) that something may happen in 2013 so lets wait and see. This is an investment with the usual risks. And please moderator feel free to publish my name , email and website because I put out facts only from official sources that I can mention by name.
Have a great day everyone.
John Arthur

Reply
BOB
11/20/2013 05:18:00 am

WHAT IS YOUR EMAIL ADDRESS AND WHAT ARE YOUR 'OFFICIAL' SOURCES
CURIOUS

Reply
HOW TO GENERATE ONE THOUSAND OR MORE DAILY UP UNTIL THE RV IS ANNOUNCED...
5/28/2012 05:50:56 am


HOW TO GENERATE ONE THOUSAND OR MORE DAILY UP UNTIL THE RV IS ANNOUNCED...

Dont listen to anyone who tries to talk you out of this investment. They are idiots. This investment is very strong and WILL HAPPEN SOON. Do NOT under ANY circumstances get rid of your Dinar. If you do you WILL be very sorry.

SINCE EARLY SEPTEMBER I HAVE ENJOYED AS MUCH AS EIGHT THOUSAND DOLLARS DAY AFTER DAY USING A VERY SIMPLE TO IMPLEMENT STRATEGY THAT I BELIEVE ANYONE CAN DUPLICATE.

CALL ME AND SAY... I ALREADY OWN DINAR AND WOULD LIKE TO KNOW HOW YOU ARE GENERATING $1,000. OR MORE EACH DAY WHILE YOU WAIT FOR THE RV TO BE ANNOUNCED.

I look forward to speaking with you.

804-897-2274

Reply
JE.Prado
5/28/2012 05:58:07 am

no phone number now please.

Reply
Bill
5/30/2012 09:46:25 am

Ok. I am intrigued

Reply
MiMi
6/25/2012 09:35:48 am

Tell Me.

Reply
Martin
12/17/2012 09:07:12 am

Can't call no phone but want to know how you make a 1000's a day.

Reply
LOIS JOINER
5/28/2012 05:56:11 am

I NOT SO SURE THAT THE PERSON THAT REPLIED IN SPANISH SHOULD HAVE TRANSLATED THE REMARK AS WE ARE IN AMERICA AND THIS IS AMERICAN LANGUAGE AND WE ALL HAVE THE OPTION OF LIVING WHERE WE WANT AND SPEAKING.IN THEIR LANGUAGE.

Reply
JE.Prado
5/28/2012 06:01:20 am

I speak [4] langues.

Reply
guille R
8/30/2013 05:42:42 am

America is comprised of Latin American countries including USA from Alaska to South America. That is first. Second, as you said, JE Prado HAS THE OPTION to speak the language he wants. Third, there are MILLIONS of Spanish speaking people in USA, who he can communicate with. What is the problem?

Reply
John Arthur link
5/28/2012 05:58:44 am

If I may respond to Azgirl, Please my fellow dinarian we must all understand that what ever the Iraqi Government do will be foremost for the benefit of Iraq and the people of Iraq. Please be advised that they will try their best to have all the dinars returned at the lowest possible rate for the benefit of their economy. Put yourself in their place. suppose you were the Central Bank governor I am certain that you would use your expertise as a patriot and a Banker to call in all your dinars at the lowest possible rate with a time line attached, and then raise to the realistic value because your mandate is to protect and stabilize your country's economy.
I wish to encourage all of us to put the shoe on the other foot (so to speak) sometimes. We must look at facts and be realistic always.
Sincerely
John Arthur

Reply
John Arthur link
5/28/2012 06:00:57 am

If I may respond to Azgirl, Please my fellow dinarian we must all understand that what ever the Iraqi Government do will be foremost for the benefit of Iraq and the people of Iraq. Please be advised that they will try their best to have all the dinars returned at the lowest possible rate for the benefit of their economy. Put yourself in their place. suppose you were the Central Bank governor I am certain that you would use your expertise as a patriot and a Banker to call in all your dinars at the lowest possible rate with a time line attached, and then raise to the realistic value because your mandate is to protect and stabilize your country's economy.
I wish to encourage all of us to put the shoe on the other foot (so to speak) sometimes. We must look at facts and be realistic always.
Sincerely
John Arthur

Reply
John Arthur link
5/28/2012 06:02:58 am

If I may respond to Azgirl, Please my fellow dinarian we must all understand that what ever the Iraqi Government do will be foremost for the benefit of Iraq and the people of Iraq. Please be advised that they will try their best to have all the dinars returned at the lowest possible rate for the benefit of their economy. Put yourself in their place. suppose you were the Central Bank governor I am certain that you would use your expertise as a patriot and a Banker to call in all your dinars at the lowest possible rate with a time line attached, and then raise to the realistic value because your mandate is to protect and stabilize your country's economy.
I wish to encourage all of us to put the shoe on the other foot (so to speak) sometimes. We must look at facts and be realistic always.
Sincerely
John Arthur

Reply
Paul Cody
5/28/2012 07:43:34 am

A very well thought out reply I am pleased to see non religous answered questions to a basically a financial involvement .No person involved with the Dinar is interested in anything other than making money.

Reply
JE.Prado
5/28/2012 06:15:55 am

Irak is rich in oil and other mineral the problem is the politics like Kuwait then they has to have a good rate like they thas the[plan].either for the global reset.is about that.the name is[ trigger].

Reply
LINDA
5/28/2012 06:17:07 am

I DONT THINK ANYONE KNOW WHEN WE ARE GOING TO RV,ITS ALL about playing with peoples mind ,,are makeing money off people ,you would think? they would want to help there people get a better life ,but some people or very dam greede ,and dont give a dam about us

Reply
JE.Prado
5/28/2012 06:30:22 am

you have the [true].God is going to take care.[Linda]

Reply
Bill link
5/28/2012 08:29:11 am

As a holder of various foreign currencies, including Iraqi dinars, I am more concerned about America imploding than a revaluation or resetting of any foreign currency. When the dollar crashes neither the dollar or any foreign fiat currency, including the dinar, will be worth the paper their printed on. Bitcoins make more sense to me.

Reply
nelson keller link
5/28/2012 10:15:14 am

you folks should know by now that its not going to happen, get use to it

Reply
myra
5/28/2012 02:08:11 pm

My friend, if you truly believed that, you would not be on this site. None of us can afford to live as if it will arrive in the morning, nor should we throw in the towel after all of this time spent thinking of the day it does RV. I have dreams of those I will help and life changes I can make for my family. I have no reason to believe it won't happen ....eventually.
ML

Reply
bobby
7/23/2012 03:39:08 am

this is about right. i bought my dinae in IRAQ in 05. I don't pay any attention to this mess usually. the rumors have been flying since before then. I have some, if it its fine if not fine. I wouldn't buy any now for half of what it sells for. but thats me. I check the exchange web site (the federal or international) what ever its called??? every now and then and or wells fargo. when IT IS worth anything the banks will know, believe me. I'll settle for 25 cents equals 1 dinar. However; do not go by what I say, I know nothing about this mess. I just hate to see people get took. Im from the south, i know it should be taken. get over it.

Reply
Rasica
5/28/2012 01:33:42 pm

The date of RV will not be January 2013 as they
Have halted the raising of 3 zeros. But now they again
Have started talking about raising the zeros, which
begins another 'time phase'. They will never announce
when or even allude to the time by an announcement.

Reply
RasicaWshaw
5/28/2012 01:43:26 pm

Taxes are or should begin in June & coincidentally
Leon Penetta said they are now set to take on Iran.

I don't know if it's going to be a big war or just a major
Focus of military 'scuffles', but it seems to be to be a
Good time to slide in the RV while the world is focused
on the military conflict.

Reply
RasicaWshaw
5/28/2012 01:43:42 pm

Taxes are or should begin in June & coincidentally
Leon Penetta said they are now set to take on Iran.

I don't know if it's going to be a big war or just a major
Focus of military 'scuffles', but it seems to be to be a
Good time to slide in the RV while the world is focused
on the military conflict.

Reply
RasicaWshaw
5/28/2012 01:44:05 pm

Taxes are or should begin in June & coincidentally
Leon Penetta said they are now set to take on Iran.

I don't know if it's going to be a big war or just a major
Focus of military 'scuffles', but it seems to be to be a
Good time to slide in the RV while the world is focused
on the military conflict.

Reply
bj40
4/10/2014 10:44:04 pm

Who are the "they" that are now set to take on Iran???

Reply
JE.Prado
5/28/2012 09:19:49 pm

We are on red alert[minutes,hours,few days]

Reply
JE.Prado
5/28/2012 09:24:48 pm

we have to wait [10.00 am NY time] every day.

Reply
Gee
5/30/2012 02:10:27 am

When the RV? Big smile! Hope soon. InsyAllah!

Reply
JE.Prado
5/30/2012 03:27:55 am

Y have a word from prof. banker look for[1or2 am]maybe?.

Reply
JE.Prado
5/30/2012 03:28:50 am

Y have a word from prof. banker look for[1or2 am]maybe tomorrow.

Reply
JE.Prado
5/31/2012 10:03:23 am

it looks is going to[ GO]any moment ?

Reply
martine
6/7/2012 01:48:53 am

You will wake up one morning and it will have happened! Just like that!

Reply
JE.Prado
6/7/2012 06:31:21 am

maybe before the [15]we have to wait an se.wooooooo

Reply
Richochet ( here today gone tomorrow)
6/21/2012 11:28:46 am

Listen to guru swag (scientific wild a.. Guessing) no one knows thats a fact

Reply
JE.Prado
6/21/2012 09:24:45 pm

EUA make a move because they want maliky look J.B was doing in the trip slow down the plan [few days more].

Reply
nola gabbard
7/11/2012 09:37:04 pm

I can wait....have waited 17 plus years on another "investment" and still here I sit.

Reply
J.E.Prado
11/1/2012 12:09:02 am

We have to wait the [big boss for the OK]

Reply
J.E.Prado
11/1/2012 12:10:32 am

We have to wait the [big boss for the OK]thas when gog. is done

Reply
Steve
1/3/2013 04:32:24 am

I'm just guessing but I bet most people who read these posts don't want to hear what was happening about 6-8 months ago. Why is it that all we hear about the dinar is so old. What's happening with it NOW? Anyone agree?

Reply
Sarwar Kazi
6/23/2013 01:04:37 am

Please keep me on your mailing list Blanche.

Reply
Dinar Locked
2/22/2014 07:06:54 am

I want this to happen as much does anyone else; my problem lies within the structure of the "gurus" who keep stirring up the emotions of all of the people who are attempting to patiently wait out this process!
A day or two ago, I saw a post by the "Okie" guy announcing more of his "guarantees info!" I was not surprised to see that the info was once again erroneous. I was surprised however when he posted a retraction of sorts, as to the original intent of his post.
I've been in this for a while, and I will continue to wait it out, but please...slow down some of the rhetoric "gurus"; I know that you do not have any "in-the-room" contacts, and it really is making this process less appealing.

Reply
Him
3/14/2015 05:40:01 pm

Well said Dinar Locked!

Reply
big al
5/30/2015 03:19:40 am

like some of the above,I don't need suff from two or more years ago, would like some current news

Reply



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