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…
Greater love has no one than this, than to lay down one’s life for his friends. – John 15:13
Mrs. BGG
Iraqi Dinar/Dollar auction (most recent listing) 05-30-16
Currency Auctions Announcement No. 3209
This daily currency auction was held in the Central Bank of Iraq on the 05-30-2016
The results were as follows:
| DETAILS | NOTES |
| Number of banks | 29 |
| Number of remittance companies | 18 |
| Auction price selling dinar / US$ | 1182 |
| Auction price buying dinar / US$ | —– |
| Amount sold at auction price (US$) | 127,888,139 |
| Amount purchased at Auction price (US$) | —– |
| Total offers for buying (US$) | 127,888,139 |
| Total offers for selling (US$) | —– |
More: http://dinarupdates.com/observer/
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I could never be a conspiracy theorist; conspiracy theorists believe in government competence. – Will Spencer
*** Current News ***
Have a safe and Happy Memorial Day!!
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
The document..
Arrest Warrant issued against Ethel Nujaifi
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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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Arthur (Dinar Guru) – ...THERE CAN BE NO REAL ECONOMIC REFORM WITHOUT A REAL SIGNED HCL, AND NOW SUDDENLY KURDISTAN PRESIDENT BARZANI IS ALL BEHIND THE REFORMS AND SENDING HIS DELEGATION WITH ORDERS TO SIGN AND DELIVER. THE PTB IS NOW OUTWARDLY STATING THAT THEY HAVE THE MECHANISM AND SOLUTION TO THE CURRENT ECO-CRISIS IN IRAQ, AND SECURITY IS NOW WITHIN MANAGEABLE PARAMETERS. IMO WE ARE STILL WAITING ON AT LEAST ONE EVENT. THERE MUST BE A VOTE ON MALIKI’S LAWSUIT REGARDING THE LEGALITY OF SOME PARLIAMENT SESSIONS THAT THE STATE OF LAW IS SAYING WERE NOT LEGAL DUE TO LACK OF QUORUM. ITS MALIKIS LAST DITCH EFFORT… IT WILL ALSO DETERMINE THE FATE OF HIS LONG TIME PARTNER IN CRIME IN THE JUDICIARY MAHMOUD AND WHAT INFLUENCE HE HAS LEFT. [post 2 of 3….stay tuned]
Read More: http://www.dinarupdates.com/observer/
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Parliamentary Finance Abadi calls for an end to corruption auction window “sell the currency” in the Central Bank
BAGHDAD / News Network – Iraq face of the Central Bank of Iraq, today, immediately charged to businesses of banking and financial conversion, using “forged documents and not to supplement the local market in hard currency , ” while the parliamentary Finance Committee confirmed that ” the majority of those companies return of Iraqi politicians.” He said the board of the Central Bank board member Ahmed Rehn in a press statement today: ” the role of the private sector and banking offices are still quite negative in the foreign exchange market , ” noting that ” the private sector has been unable to supplement the local market an additional offer of foreign currency , either through export or attracting foreign investment or otherwise, for the preoccupation with obtaining that currency for purposes not inconsistent with the interests of Iraq ‘s economic stability. ” He called Rehn, to” make the banking partner of the Iraqi Central Bank in the foreign exchange market to become as a wholesale foreign currency similar to wholesalers for goods, to provide the needy with traders estimated taking into account national interests , “revealing” non – possession , central bank data or information on how currencies move from selling the currency window or from other sources, the fact that the private sector offers him inaccurate information and false documents. ” The member of the board of the central bank, that” the central bank should not meet all requests for foreign currency because that is draining international reserves quickly , “noting that there are ” shops sell foreign currency and buy what requires the central bank scrutiny exchange companies between now and then. ” Rehn stressed that” the number of exchange companies too big almost can not be with him to the Directorate General for the banking and credit control in the CBI, the monitor , “pointing out that” Iraq lacks a solid firms can monitor banking companies and to ensure its commitment to banking controls. ” for her part , the Finance Committee in the House of Representatives by Magda Tamimi: ” the work of the exchange companies is limited to the transfer of funds abroad without taking into account the balance in the amount of foreign currency emerging and entering the country,” attributed the reasons to ” the fact that the local environment is not encouraging for the survival of these funds inside Iraq, especially that most who have received funds legal or illegal manner , transformed them to invest abroad. ” confirmed al – Tamimi, the” exchange companies did not contribute to the support of monetary policy or development operations inside Iraq, and the central bank not controlled by the only words without deeds, as is the case with the announcement of the provision of the dollar for those who wish to travel abroad for treatment or study. ” I promised a member of the parliamentary finance committee, said : ” misfortune auction currency is still going on despite the drawbacks and the existence of alternatives through practical mechanisms for the dollar, “revealing” certain to prove possession of many politicians and influential banking corporate information. ” She called Tamimi, Prime Minister Haider al – Abadi, to “intervene to stop the currency auction , ” pointing out that “Abadi previously was chairman of the Finance Committee in Parliament and he knows already know the guts and cons auction currency and sweet effective to address the subject in order to serve the national economy.” she Tamimi, “already proposed a system financially sophisticated attended by international experts, and submitted to the secretary of the prime minister, Abu Nofal barns, in November 2015 the past, “Msttrdh” I have not received any response on the proposal so far. ”
Iraqakhbar.com
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Arthur (Dinar Guru) – BASED ON SEVERAL RECENT CORROBORATING, VERIFIABLE ARTICLES AND INFORMATION COMING OUT OF THE ME, WE CAN NOW DETERMINE THAT THE CBI HAS ANNOUNCED THE IMPLEMENTATION OF A NEW ECONOMIC “MECHANISM”, MEANING AN HERETOFORE, UNSEEN WAY OF DOING BUSINESS GLOBALLY. RECENT ARTICLES ARE NOW ANNOUNCING ALL ROADS ARE LEADING TO A MARKET ECONOMY FOR IRAQ. THE OVER 20 BILLION DOLLARS IN LOANS AND GUARANTEES FROM THE PTB ARE EVIDENCE THAT, DESPITE THE CURRENT POLITICAL UPHEAVAL, THE CBI/GOI HAS BEEN GIVEN A NEW GREEN LIGHT, TO BECOME FULLY SOVEREIGN ON EVERY LEVEL, POLITICALLY AND ESPECIALLY ECONOMICALLY…SUDDENLY EVERYTHING WE COULD POSSIBLE HOPE TO SEE IS SUDDENLY MATERIALIZING IN IRAQ. [post 1 of 3….stay tuned]
Read More: http://www.dinarupdates.com/observer/
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Governor of the Central Bank to attend the parliament session
[Baghdad] We arrived Governor of the Central Bank of Iraq [agency] on the Keywords to a session of parliament, currently held.
It includes the agenda of today’s meeting to discuss the economic situation and the World Bank loan.
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Poppy3 (Dinar Guru) – Article: “Governor of the Central Bank to attend the parliament session” I‘M SURE HE IS GOING TO REPORT THEIR PROGRESS AND HOW PREPARED THEY ARE TO MEET THE DEADLINES OF JUNE FOR COMPLETION OF FINANCIAL REFORM AND QUALIFYING FOR THE MASSIVE LOANS FROM THE IMF AND WORLD BANK. QUESTION STILL REMAINS ARE THEY READY IN EVERY WAY. LAWS, CURRENCY, QUALIFIED BANKS, AND…RETAILERS THROUGHOUT THE COUNTRY…THE DEADLINE IS CLOSING IN ON THEM FAST…THEY LIKE US NEED ANSWERS.
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 | 1732.103 | 1731.237 |
| Canadian dollar | CAD | 909.021 | 908.566 |
| Swiss franc | CHF | 1193.337 | 1192.740 |
| Swedish krona | SEK | 142.612 | 142.541 |
| Norwegian krone | NOK | 142.218 | 142.147 |
| Danish krone | DKK | 177.507 | 177.418 |
| Japanese yen | JPY | 10.755 | 10.750 |
| Special Drawing Rights |
SDR | 1661.691 | 1660.860 |