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usajmg93f
03-08-2005, 04:49 AM
Thought It would be a good to start a thread for those of us who either are or have been in country with rumors from the Economic Front. That way we have a place just for the incountry rumors. I will try to contribute as much as I can, others feel free. Please try to not discuss past,present or future ops. Just remember OPSEC and use common sense. :wave:
Tacmedic8
03-08-2005, 04:55 AM
I am a contractor in Baghdad, I am not able to travel much for obious reasons, but I have a lot of local friends. Any question that anyone has...I will answer as best as I can.
PapaPark
03-08-2005, 04:58 AM
Are the NID's being used by the local iraqi's? or is everything USD?
usajmg93f
03-08-2005, 06:00 AM
are getting paid in Dinar. I saw their bossman pull out a wad of Dinar and pay each one on their pay day.
mandalorian
03-08-2005, 06:06 AM
most locals are using us dollars but the dinies are growing for use.
sprtbuf
03-08-2005, 08:26 AM
Anyone hear of smaller denominations being made for the dinar? Like 1/5/10/etc?
Lindsey
03-08-2005, 08:38 AM
Yes there is a 25 and 50 coin.
There are also smaller bills. Check out Iraq Central Bank website. Search it.
ISX_TIME
03-08-2005, 08:42 AM
Yes there is a 25 and 50 coin.
There are also smaller bills. Check out Iraq Central Bank website. Search it.

No Fifty ?
sprtbuf
03-08-2005, 08:46 AM
Hmmm...I know there is a 25 and 100 coin, but didn't know about a 50 coin. There is a fifty note. Also, went to the cntral bank site and couldn't find a search function nor info on the smaller denoms...
mandalorian
03-08-2005, 08:48 AM
the 50 has been out for a while now
DrCashflow
03-08-2005, 08:56 AM
the 50 has been out for a while now

what's the smallest NID bill you have seen in circulation? the cbi website shows 50, but rumors say otherwise.
Big Daddy Dinar
03-08-2005, 09:04 AM
I am a contractor in Baghdad, I am not able to travel much for obious reasons, but I have a lot of local friends. Any question that anyone has...I will answer as best as I can.

I've heard that rumor on this board numerous times, would like to know if there's something to it.
Lindsey
03-08-2005, 09:04 AM
Smallest: 50 bank note, 25 coin
Lindsey
03-08-2005, 09:13 AM
I think if we all spend a little time e-mailing the banks in Iraq we may get some good info. Go to www.cbiraq.org, find the list of banks and email them with your questions. I bet somebody there knows something and is more than willing to share.
Dinaress
03-08-2005, 09:17 AM
i tried to email CBI last week and mailbox was full. not likely we can get an email in that place, its hopping busy right now. but good luck trying.