Welcome to the Dinar Daily NEWS Blog. For regular Dinar News Updates, Dinar to USD listings, Iraqi Dinar info and Dinar info – THAT MATTERS!! This is a good place to start for your Daily Dinar Recap – if you are a Dinar vet or just looking for the current Dinar Value – Welcome.
Word for the day…
Ephesians 4:32 (NKJV)
32 And be kind to one another, tenderhearted, forgiving one another, even as God in Christ forgave you.
Heavenly Father, Thank You for Your forgiveness! We ask you to help us to continue to be kind, tenderhearted and forgiving as You have forgiven us. Thank You Holy Spirit for Your help and power! In Jesus Name, Amen.
Mrs BGG
Iraqi Dinar/Dollar auction (most recent listing) 11-19-15
Currency Auctions Announcement No. 3077
This daily currency auction was held in the Central Bank of Iraq on the 11-19-2015
The results were as follows:
DETAILS | NOTES |
Number of banks | 23 |
Number of remittance companies | 16 |
Auction price selling dinar / US$ | 1166 |
Auction price buying dinar / US$ | —– |
Amount sold at auction price (US$) | 254,713,872 |
Amount purchased at Auction price (US$) | —– |
Total offers for buying (US$) | 254,713,872 |
Total offers for selling (US$) | —– |
More: http://dinarupdates.com/observer/
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firefly – IMO, the WB, IMF and UN is running the show. When the timing is right (which in my opinion is very close)…The CBI will do what needs to be done!
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Millionday – Article quote: “…Central Bank intends to implement is to issue less cash currency of category 250 dinars, and a new edition to the category of 500 dinars.” CBI IS RELEASING DENOMINATIONS THAT ARE LESS THAN 250 DINAR NOTE — ADD IN A 500 DINAR NOTE. THIS IS ALL PART OF THEIR NEW PLANS AND TO FILL THE MARKET NEEDS. THE COMPLETE MONETARY STRUCTURE INCLUDES THE DEVELOPMENT OF A HIGH VALUE FOR THE DINAR AND ALSO SMALL DENOMS AND INCLUSION OF A 50,000 DINAR AS DESIGNED. WHEN THE IRAQI SMALL DENOMINATIONS ARE RELEASED DUE TO A CHANGE IN PRICES AND THE RAISE TO A HIGH VALUE FOR THE DINAR — A RESULT OF THAT WILL BE THE RELEASE OF INTERNATIONAL VALUES/PRICES FOR THE DINAR…THEY DID NOT GIVE A DATE — HOWEVER ACCORDING TO WORLD BANK IT IS URGENT.
Read More: http://www.dinarupdates.com/observer/
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Parliamentary Economy: delete the zeros need a safe environment and next year will see the issuance of a class of 100 thousand dinars
BAGHDAD / A commission parliamentary economy, on Saturday, for the issuance of class 100 000 dinars cash currency early next year in order to market need to handle them, pointing out that legal action properly and in conformity with the laws of the central bank, while stressing specialists in economic affairs that the issuance of the big currencies, whether of class 50 100 000 dinars, or is part of a large project to restructure the Iraqi currency.
Said committee member economy parliamentary Najiba Najib said in an interview to the “long” that there is a tendency to issue small groups also categories of 50 and 100 dinars.
And for the project to delete the zeros confirmed Najib said “the Iraqi Central Bank completed the previously all preparations for the project, indicating that it” has been postponed because of the situation security is stable “in what it said that” the application of the project to delete the zeros needs to assign by the government and parliament to make it a success after the stabilization of the situation in the country because the ground current is suitable for the implementation of such a project.”
Said Najib that ” the subject of deletion of zeros is linked to the security situation closely because it will include all operating in the country banks to receive the old currency and replaced by the new and the old collection and destruction of pointing out the difficulty of the success of that process in the provinces experiencing control Daash parts of them. ”
The central bank announced in the (November 11, 2015) for issuing new cash paper category 50 thousand dinars, attributing this to the completion of the Iraqi Securities monetary structure and the development of high-class value in circulation.
For his part, counting the economic expert on behalf of Anton in an interview with the “long” that the decision to delete the zeros of the Iraqi currency requires a political and security are conditions stable, stressing that “the change the Central Bank of Iraq administration caused the postponement of this project, “said Anton that” the issuance of large denominations will reduce trading in foreign currency and facilitate the transfer of large sums of money from one place to another process.
“He explained that” the current currency consumed much of it because of dealing directly without relying Visa card, as in most countries and that a large currency will facilitate banks and companies work and reduces the number of Trustees of the Fund in.
“He called Antoine” the central bank to explain the cause of the issuance of the large cash currency through educational seminars to prevent cases of concern in the Iraqi market and the fear of issuance Because of the weakness of the culture of this topic “, stressing that” the currency and medium of exchange nor a target and weaknesses and strength are linked to the country’s economy.
“said the governor of the bank on the Keywords in the (3 March 2015) that the project to delete the zeros existing project has been put into practice and that gave light Green to start with, “he said.” The project needs a period of time may extend to two years or more. ”
Legal representative: We intend to pass an amnesty law before the end of this year
Euphrates News – parliamentary legal committee announced Thursday its intention to pass a general amnesty law during the current year.
The deputy head of the Legal Committee Muhsin al-Sadoun, told a news conference in parliament attended by the correspondent agency {Euphrates News}, that “the general amnesty law has read the first reading, and again, and we received several proposals from the views of other civil society organizations, and are working to add the proposals according to the suit with the law.
“He pointed to the existence of exceptions to the universality law, stressing that” the Commission has repeatedly demanded the Ministry of Justice by providing them with the number of positions across the country; to mature the law is finalized; in order to vote on it. “He concluded Sadoun that” bent on the inclusion of the law to a vote of the Committee, and passes through this year.
“It is said that the amnesty law of controversial laws, has been postponed to more than parliamentary cycle; because of the political forces disagreement about who include in the amnesty law, and which are excluded from coverage, while the consensus obtained a non-inclusion of the involvement of the blood of Iraqis in the law, as well as terrorists.
Read More: http://www.dinarupdates.com/showthread.php?25122-Legal-representative-We-intend-to-pass-an-amnesty-law-before-the-end-of-this-year
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(Please note – we are posting daily News Articles slightly differently now)
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DinarUpdates.com News Time Chat 11-20-15 PM Part 1 of 2
Thanks to Dinar Detectives for a post and Dinar Recaps for posting this in their BLOG
Welcome to dinarupdates.com for News Time with Millionday!!
Millionday: OK I’M BACK AND WE HAVE LOTS OF IMPORTANT NEWS TO LOOK AT
Millionday: IT SEEMS SO MUCH IS GOING SO FAST NOW ESPECIALLY WITH THE 30 DAY EXPANSION OF THE PARLIAMENT SESSION — WHOOOPOW
Millionday: GOOD TO SEE YOU ALL WELCOME TO NEWS TIME
Millionday: Al-Sabah stressed the three presidencies on the need to speed up the passage of the draft budget for fiscal 2016 Act, calling for the development of peaceful co-existence between citizens and stay away from the climate of tension and stress.
According to a presidential statement received «morning» the «President of the Republic Fuad Masum, the Prime Minister Haider al-Abadi and Parliament Speaker Salim al-Jubouri, gathered at the Peace Palace in Baghdad », indicating that took place during the meeting«
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Read More: http://www.dinarupdates.com/showthread.php?25154-Millionday-newstime-11-20-15
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DinarUpdates.com News Time Chat 11-20-15 PM Part 2 of 2
Thanks to Dinar Detectives for a post and Dinar Recaps for posting this in their BLOG
Welcome to dinarupdates.com for News Time with Millionday!!
poppy3: COMMENT GLOBAL ECONOMY FROM PREVIOUS SOURCES A COUPLE YEARS AGO TAKES APPROXIMATELY 5 MONTHS AT BEST AND THAT REQUIRES A RATE BEFORE THE 5 MONTHS PERIOD IS TO START .
MEANING IF THE BACK DOOR DEADLINE SET BY THE IMF / WB IS JUNE 15 2016 THEY GOT TO GET STARTED WITH A RATE WITHIN THE NEXT 5 TO 6 WEEKS ????
TIME WILL TELL.
I MIGHT ADD THEY ALSO HAVE TO REACH THAT SAME DEADLINE TO GET THE MONEY RELEASED FOR THE BILLION DOLLAR LOANS THEY GOT APPROVED FOR ???? I AM EXCITED .
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Read More: http://www.dinarupdates.com/showthread.php?25154-Millionday-newstime-11-20-15
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CURRENCY CODE SELL BUY
Dinar to USD – Dinar Value – Iraqi Dinar “IQD” listing
CURRENCY | CODE | SELL | BUY |
US dollar | USD | 1166.000 | 1164.000 |
Euro | EUR | 1243.656 | 1243.034 |
British pound | GBP | 1773.719 | 1772.832 |
Canadian dollar | CAD | 873.212 | 872.775 |
Swiss franc | CHF | 1148.768 | 1148.194 |
Swedish krona | SEK | 133.539 | 133.473 |
Norwegian krone | NOK | 134.690 | 134.623 |
Danish krone | DKK | 166.693 | 166.610 |
Japanese yen | JPY | 9.450 | 9.445 |
Special Drawing Rights |
SDR | 1606.760 | 1605.956 |