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.
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Mrs. BGG
Iraqi Dinar/Dollar auction (most recent listing) 05-29-16
Currency Auctions Announcement No. 3208
This daily currency auction was held in the Central Bank of Iraq on the 05-29-2016
The results were as follows:
| DETAILS | NOTES |
| Number of banks | 32 |
| Number of remittance companies | 18 |
| Auction price selling dinar / US$ | 1182 |
| Auction price buying dinar / US$ | —– |
| Amount sold at auction price (US$) | 131,736,126 |
| Amount purchased at Auction price (US$) | —– |
| Total offers for buying (US$) | 131,736,126 |
| Total offers for selling (US$) | —– |
More: http://dinarupdates.com/observer/
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Courage is rightly esteemed the first of human qualities, because it is the quality that guarantees all others. – Winston Churchill
*** Current News ***
The credit ratings agency: Iraq is agreement with the IMF for a positive credit rating
Economy News / Baghdad agency said credit ratings, “Moody’s”, said the agreement concluded by Iraq and the International Monetary Fund last week, regarding loan demand worth 5.4 billion dollars, a positive credit rating and will improve the liquidity of the government strapped to it.
Moody’s said in a statement, “The agreement will help Iraq to finance the budget deficit and the current account deficit.”
The agreement allows reached last Thursday of additional international aid worth $ 15 billion over the next three years to support an economy hit by the drop in oil prices since mid-2014 and the costly war against al Daash. AJ
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Najib: Iraq ‘s salvation from the financial crisis is to activate the private sector
(Voice of Iraq) – Baghdad – Confirmed member of the Committee of Economy and Investment parliamentary Najiba Najib that “Iraq ‘s salvation from the financial crisis is to activate the private sector.”
Najib said that “activating the private sector in the country is very important for the salvation of Iraq from the suffocating financial crisis,” noting that it ” has to be laws that guarantee the effectiveness of this important sector of legislation.”
She continued , “must also be having a good political environment to enact such laws and the provincial marketing domestic production for the purpose of the walk in front of this important vital sector.”
Read More: http://www.dinarupdates.com/showthread.php?35139-Najib-Iraq-s-salvation-from-the-financial-crisis-is-to-activate-the-private-sector&p=153248#post153248
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“Round Table” Dinar Call!!
“for Dinar News – that MATTERS!!”
from 5/23 –
Smart phone user link – Click here
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Poppy3 (Dinar Guru) – [I think they will wait till June 30 @ 11:59 PM.] I DON’T BECAUSE THERE ARE THINGS POST NEW RATE THEY WILL HAVE TO DO BEFORE FULL RECOGNITION GLOBALLY. I THINK THEY WILL NEED TO POST A NEW RATE AND THEN IT WILL TAKE A FEW DAYS OF PROCESS BEFORE IT WILL BE ACCEPTABLE FOR ANYONE TO EXCHANGE…JUST MY PERSONAL THOUGHTS. I HOPE I’M WRONG AND THE DAY IT CHANGES IT IS FULLY TRADABLE. TIME WILL TELL…
Read More: http://www.dinarupdates.com/observer/
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The Interior Minister thanks demonstrators they postponed their protests
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tlm724 (Dinar Guru) – Article: “IMF loan makes Iraq subject to international economic standards” Quotes: “the International Monetary Fund, World Bank and international partners have agreed, in the May 19, 2016, to give Iraq a loan of $ 15 billion at an interest rate of 1.5%” “Iraq borrow from the International Monetary Fund makes Iraq abide by international standards and conditions, namely that Iraq abide by mandatory.” mandatory requirements that Iraq MUST abide by, period! The IMF HAS set conditions to this bailout.
Read More: http://www.dinarupdates.com/observer/
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Oil Ministry confirm Iraq’s commitment to pay the dues of oil companies
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Breitling (Dinar Guru) – I have not seen one negative move from Iraq that has to do with our investment…speculating on this currency…I want to be very clear about when it comes to Maliki…this is going to hurt some people…if you’ve been talking garbage about Maliki…you’re wrong…Every law Maliki passed had to do with western standards and westernization of developing their country…I’ve never seen any country hit every mark that they need to be doing to absorb the west and the capital that’s coming from the west to be able to hit that restart button. And what’s going to be a part of that? The value of the currency that you and I are involved with. That’s what Maliki did. But he is not part of the process like he used to be. How many laws were passed under him that were pro business pro west? It’s simple math.
Read More: http://www.dinarupdates.com/observer/
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Kurdish blocs announced their support for his reformist Ebadi
BAGHDAD / IBN – Announced Kurdish blocs in the House support for the reforms and solving the problems of legal and constitutional means.
And Zkralmketb media to Deputy Speaker of Parliament Aram Sheikh Mohammed, in a statement on Sunday, received a network of Iraqi transmitter (IBN) copy of it, “Sheikh Mohammed, chaired a meeting of the heads of Kurdish blocs in the House of Representatives, during which they discussed the latest developments of the situation and political developments on the Iraqi arena.” .
The meeting underlined “the importance of maintaining the political process and to represent all the components of the people in decision-making, and the need to intensify efforts by both parties to improve the atmosphere and calm the situation in general.”
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For a peek at all the most up-to-date DU News – check the Iraq News Thread (in the forum)…
http://www.dinarupdates.com/forumdisplay.php?5-Current-Iraq-NEWS
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Thousands of Peshmerga move on ISIS in major offensive
The 4 a.m. offensive began with Kurdish forces divided on eastern and western fronts and advancing toward a clutch of abandoned villages belonging to the Kakei and Shabak Kurdish minorities.
The villages are abandoned: residents fled to the Kurdistan Region when ISIS attacked two years ago.
Before the first light of dawn, the Peshmerga began the multi-pronged attack on villages that are few and far between, their advance slowed by roadside bombs and explosives planted by the militants.
“In the pre-dawn attack hundreds of armored vehicles, tanks, and personnel carriers moved on an asphalt road towards the main front from several different directions,” said Assi Ali, a 48-year-old veteran Peshmerga from Kirkuk.
For the first two hours after the Peshmerga began their assault, the forces faced a constant barrage of mortar fire which fell in thuds, setting off plumes of dust and smoke.
Three Peshmerga fighters were injured by mortars and ISIS shelling.
“ISIS is seeing our forces but we cannot see them because they hide inside civilian homes and in tunnels,” said Dilshad Mawlood, spokesman of the Zeravani forces.
He told Rudaw that, “other than taking the villages, the other goal is to push the ISIS threat further from the town of Khabat, and the third goal is to get closer to the final goal that is Mosul.”
The liberation of Mosul, Iraq’s second-largest city and the ISIS stronghold in the country, has been in the making for months. Iraqi forces and its allied militias, the Peshmerga and US-led coalition forces have been coordinating an anticipated offensive.
Kurdistan Region President Masoud Barzani was reportedly directing the Khazir fighting, according to Aziz Waisi, commander of the Zeravani Special Forces.
“The president called me a while ago to ask about the safety and situation of Peshmerga and asked if the operation goes according to the plan,” he said. Securing the Khazir front, he added, would also bring greater stability to Erbil, the Kurdish capital.
Peshmerga officials told Rudaw that the Khazir front had remained quiet for the large part of the past two years, as battles were focused elsewhere, such as Shingal and Zumar.
Mawlood said that in some places on the frontline, ISIS and the Peshmerga were as close as a kilometer apart.
For the Khazir offensive, the Peshmerga forces convened at the Hassan Sham village, which was taken by ISIS in 2014 and retaken by the Peshmerga in September 2015.
Hundreds of army vehicles and thousands of soldiers had to cross a makeshift bridge — built by the Peshmerga last year because ISIS blew up the main bridge there two years ago.
Some of the Peshmerga in Sunday’s battle are refugees fighting for their own villages.
“I am very happy to help liberate these villages today, because they are Kurds like us,” said First Lt. Hemin Rashid, a Zeravani Peshmerga fighter from Halabja. “After we liberate the village they can return and we will guard them too,” he said.
Rashid was on the front with his father and two brothers. Besides his flak jacket, he carried a magazine vest with 350 rounds of brand new bullets.
The Kurdish troops moved towards the front, passing close to the Zartik mountain that was retaken from ISIS only a year ago.
Zeravani General Aziz Waisi walked among his troops, giving out orders and making sure fully armed soldiers with helmets and heavy machine guns were stationed on every hilltop. Every now and then the Peshmerga let off a mortar shell or a round of heavy caliber machinegun fire at ISIS positions.
The Peshmerga built several new bunkers in territory taken by ISIS only two hours before, and were advancing with tanks and heavy artillery toward an ISIS village, as their snipers took aim at the village, looking for ISIS militants.
“I am looking for militants who are running or looking for cover,” a Peshmerga sniper told Rudaw shortly after smoke was spotted from a village following a coalition airstrike.
Minutes later the sniper steadied his hand and fired a single round.
“I just brought down the ISIS flag,” he said.
The Kurdish forces are accompanied by excavators and loaders which simultaneously dug trenches and erected dirt mounds as the forces moved head.
“They are digging trenches to make sure suicide trucks don’t come this way and then the main confrontation will start,” explained Qadir Hama Saleh, a Peshmerga from Kirkuk.
Sporadic and deadly mortar fire did not deter the hundreds of Peshmerga who kept marching on the main road, stood guard on hilltops or scouted out the forward operations units.
On the night before today’s attack, one Peshmerga was killed in his base on that very front by an ISIS mortar shell.
Rudaw.net
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CURRENCY CODE SELL BUY
Dinar to USD – Dinar Value – Iraqi Dinar “IQD” listing
| CURRENCY | CODE | SELL | BUY |
| US dollar | USD | 1182.000 | 1180.000 |
| Euro | EUR | 1320.058 | 1319.398 |
| British pound | GBP | 1736.949 | 1736.081 |
| Canadian dollar | CAD | 910.562 | 910.106 |
| Swiss franc | CHF | 1192.735 | 1192.138 |
| Swedish krona | SEK | 142.353 | 142.282 |
| Norwegian krone | NOK | 142.755 | 142.684 |
| Danish krone | DKK | 177.507 | 177.418 |
| Japanese yen | JPY | 10.775 | 10.769 |
| Special Drawing Rights |
SDR | 1661.892 | 1661.061 |