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JPmonopoly
01-01-2007, 02:35 PM
Guns and Gas: Baghdad Price Update
IraqSlogger Tracks the Necessities in Baghdad
By NIR ROSEN (http://www.iraqslogger.com/index.php/writer/9/Nir_Rosen) Posted 0 hr. 13 min. ago

In late December, IraqSlogger surveyed weapons prices in the southern Baghdad neighborhoods of Maalif, Shurta, Bayaa, Hai Al-Jihad, Seidiya and Dora and found some increases. The Iraqi Dinar itself had gone up to about 1300 to the dollar, as opposed to the nearly 1400 to the dollar a month earlier and the 1450 it was at a few months before. The Iraqi government is reportedly trying to bring it down to 1000 to the dollar.
Kalashnikov bullets were 750 Dinars each, or over fifty cents. Kalashnikov prices ranged depending on the quality, with Russian made Kalashnikovs being the most expensive, but the cheapest, meaning not Russian made, were $400. The more expensive Russian made Kalashnikovs are currently unavailable due to high demand. PKCs went up to $2500, and are also scarce. RPG prices are the same, at about 70,000 Dinars, or $54 at the new exchange rate.
In early December the official price for gasoline at gas stations was 350 Iraqi Dinars per liter. The black-market price was about 500 Dinars per liter. This reflected the fact that the shortage was not as bad as it has been in the recent past. At the end of December gas stations were less crowded than usual, and the lack of delay had encouraged Iraqis to purchase their gas from gas stations and not from the black-market. High quality gas cost 350 Dinars per liter while regular gas costs 250 Dinars per liter. Cooking gas now costs 25,000 Dinars per gas tank. Oil is not available on the black market. It is managed by the government and each family purchases one container for 18,000 Dinars although there is a shortage.

Read entire article here
IraqSlogger: Guns and Gas: Baghdad Price Update (http://www.iraqslogger.com/index.php/post/478/Guns_and_Gas_Baghdad_Price_Update)

Fisherman
01-01-2007, 03:53 PM
Kalashnikov bullets were 750 Dinars each, or over fifty cents. Kalashnikov prices ranged depending on the quality, with Russian made Kalashnikovs being the most expensive, but the cheapest, meaning not Russian made, were $400. The more expensive Russian made Kalashnikovs are currently unavailable due to high demand. PKCs went up to $2500, and are also scarce. RPG prices are the same, at about 70,000 Dinars, or $54 at the new exchange rate.

Citizens are buying this stuff? This is allowed? Why would they buy this stuff except to shoot them at us? We need to get a handle on this thing.
:eek:

JPmonopoly
01-01-2007, 04:01 PM
Citizens are buying this stuff? This is allowed? Why would they buy this stuff except to shoot them at us? We need to get a handle on this thing.
:eek:

Unfortunately, YES it appers so

Midnight Tide
01-01-2007, 04:12 PM
wow, I could buy a few rpgs? maybe thats one the problems over there that weapons of that nature are readily available.....though I hear in cambodia you can pay to fire those kinda things in the jungle.

Sella
01-01-2007, 08:15 PM
I was watching a documentary on Iraq today (likely old news and a repeat) but a kid was buying one bullet for 200 dinar and selling it for 250 dinar. He would sell a single round and go back to his house and get another one out of the box. It was like dealing drugs to them. Street markets need to get more organized with the government or the black market will continue to be just that....the black market. Interviews were showing people complaining about everyone wanting American dollars and being tired of the dinar being worth nothing. Iraq's economy will never stabilize unless there is a hard peg IMHO. Did anyone else see the documentary ? I think it was old but new to me.


Sella