December 17th 6pm

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Post From IQDCalls Chat Room
Chat Room News Excerpts & Highlights Early Sunday   12-17-17  Part 2 of 2

Spectra: This is super helpful information..

xyz: Rafidain Bank amended the rates of savings accounts

Rafidain Bank announced on Sunday the amendment of interest rates for savings accounts granted to citizens and depositors of their money in the bank.

“It is decided to amend the interest rate for citizens who deposit their money in the bank in dinars or dollars,” the bank’s information office said in a statement.

Post From IQDCalls Chat Room
Chat Room News Excerpts & Highlights Early Sunday   12-17-17 Part 1 of 2

chattels: Aide to PM Barzani: KRG has plan B if Baghdad refuses to hold talks By Rudaw

chattels: A ceasefire announced in late October following deadly clashes between the Iraqi and Kurdish forces in the disputed or Kurdistani areas such as the oil-rich Kirkuk province remains in place.

chattels: Time for Baghdad, Erbil to turn a new page, says Maliki By Rudaw


Samson: Harvesting the Iraqi economy for the year 2017

17th December, 2017 by Dalal al-Ukaili

Iraq suffers from the burdens of war with the Organization of the preacher and the effects of low oil prices since the middle of 2014 and maintained the strength of oil production on the growth rate, but the non-oil economy has experienced a sharp contraction and still 10% of Iraqis suffer displacement and displacement due to continuing unrest and supports a large international funding package efforts Reform undertaken by the Government.

Following an agreement reached by OPEC, oil production is expected to fall in 2017, but if oil prices rise, this will help improve the balance of public finances and external balance and non-oil sectors will return to positive growth, but risks remain high.


Re:  Member Bank Story   

TnDr: Wells has a list the tellers work from, Popular and Other currencies. When they open the list the first "Dinar" that shows up is KWD. It'd be awesome if we knew this member asked about IQD....It'd remove all questions. We all have faith this is happening, we all believe....definitive proof would still be awesome. Thanks to the member and Ray for bringing the info.

OkRocks: One thing to keep in mind about that post that reflects its not Kuwait dinar... Again she said ‘wait, let me check again’. Went to check and came back apologizing, said the rate was showing on their international screens, but not on the bank screens. (Kuwait would show on bank sceeens)

Ify: Kuwait revalued on a Sunday, March 24, 1991​ut-kuwait-reopens-its-banks.html
That's middle of the road between the IMF's scheduled rate chang​es done on the 15th and end of month/year. Maybe that's why we keep h​earing any day until around December 23rd.

Note: (This content is for general information purposes only. All information given is the opinion of the provider. )

Restored Republic via a GCR Update as of Dec. 17 2017

Compiled 12:05 am EDT 17 Dec. 2017 by Judy Byington

Judy Note: The below is my own opinion as per yesterday's Dec. 15 Larrabee Report on the new Currency Exchange Rates:

Tier #4 Internet Group: Contract and Negotiated Rates at Exchange Centers.
Zim: No zeroes taken out: $7 to $15.00; Screen Rate $65 to $128.00+; Stable at $101.
Zim: Negotiated Rate up to $125,000 (Based on your humanitarian plan)

Dinar Screen Rate: $28+
Dinar Negotiated Rate up to $290 (Based on your humanitarian plan)

Dong Screen Rate $24 - $35 (could go to $128+)
Dong Negotiated Rate up to $140 (Based on your humanitarian plan)


Corruption News

Samson:  15 years imprisonment for the director of a government bank

2017/12/17 11:44

The Integrity Commission announced the issuance of a criminal court on the issues of integrity in Baghdad, sentenced in absentia to 15 years in prison on the accused, "dignity of Alwan Hassan," the director of the Rafidain Bank - Branch of reconstruction and housing previously; to exploit the function of causing intentional damage to public money.

According to a statement by the Commission, the agency received {Euphrates News} a copy of today, that "the investigations department in the body, and in its talk about the details of the case investigated by the Integrity Commission and forwarded to the judiciary, confirmed that the convicted fugitive caused damage to public money amounted to {1,400,808,099} billion dinars Through the agreement and participation with other defendants to buy four forged instruments on the basis that they were drawn from the General Company for the phosphate of one of the accused while working as the director of Rafidain Bank - Branch of reconstruction and housing.