Welcome to the Dinar Observer – Daily. For regular Dinar Updates, to see what the Dinar Gurus have to say, Dinar to USD listings, IQD and for Iraqi Dinar info – THAT MATTERS!! This is a good place to start for your Daily Dinar Recap – whether you are a Dinar vet or just looking for a little current Dinar info – Welcome.

Word for the day…

Mrs. BGG

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CURRENCY CODE SELL BUY

Dinar to USD – Dinar Value – Iraqi Dinar “IQD” listing

http://www.cbi.iq/

Indicative rates – 04.21.2015

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History teaches us that men and nations only behave wisely once they have exhausted all other alternatives. – Abba Eban

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*** Current News ***

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“Round Table” Dinar Call!!

“for Dinar News – that MATTERS!!”
4/21 – @ 6:00pm CST

  Smart phone user link – Click here

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firefly – What member of the Parliament or CoM attended the financial meeting in Wa [Washington] last Saturday? [Zabari.]  Exactly.  Zebari is Finance minister.  He had to be there.  My point is…Only the financial players were at that meeting…And that excites me!
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Islandg1211 – For a year I’ve been looking at the end of April because it’s the preferred time of the IMF (or those behind the IMF) to RV countries currencies, whose Central Banks are independent of their governments. That’s why I look at April, and not what the GOI is or isn’t doing.
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Adam Montana – [On every ones mind would be Parliament, the GOI, and what the recent turmoil we are seeing means?]  YES – the turmoil! It’s about darn time something happened, I’m looking for good news to come out of this.
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tlm724 – Article quote:  “The leader of the Islamic Supreme Council, Adel Abdul-Mahdi, Wednesday, some of the actions of the demonstrators monument to the gallows, and surround ministries “undemocratic,”  the protesters erected those gallows and it’s scaring the crap outta of the GOI and it should…they should be very scared at this point…the gallows certainly makes a statement does it not?
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Millionday – KNOW THIS MEETING IS VERY FORMAL…VERY MAJOR… IT IS THE MEETING OF ALL THE MOST INVOLVED IN GLOBAL ECONOMICS — WHAT WE HAVE HERE IS — WASHINGTON SAYING THAT IMPORTS BEYOND OIL ARE PICKING UP IN IRAQ — THE STOCK EXCHANGE BEING WORKED FOR SUCCESSFUL GLOBAL ENTRY AND WE HAVE THE MEETING WITH ALL PLAYERS GOING ON RIGHT NOW.   [post 2 of 2]
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Millionday – Article quote:  “Finance Minister Hoshyar Zebari, on Monday, with a kilo Honda Executive Vice President of Multi-Agency of the World Bank Investment Guarantee parties, the possibility of bringing many of the financiers and investors to the Iraqi market.”  THIS IS ALL ABOUT THE ACTIVATION OF THE ECONOMIC REFORM…ENTRY INTO THE CAPITAL MARKETS…THE SALE AND EXCHANGE OF THE DINAR…THIS IS THE FORMAL MEETING TAKING PLACE TO MOVE IRAQ FORWARD AND THEIR MARKET AND THE DINAR…WHOOOPOW.   [post 1 of 2….stay tuned]
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Kaperoni – Article:  “Iraq Stock Exchange is planning to work after the trading system to “streamline” procedures and “activate” investment“  Quote:  “…the update is the latest action which will be used by brokerage firms to enable investors to execute trades mechanisms themselves in accordance with the instructions and rules prevailing in the Iraq Stock Exchange.”   This is exciting for sure…since the stocks on the ISX are traded in dinars.  Another piece of the puzzle.
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Islandg1211 – …the arrests of the Erbil Central banker and the coordinated arrest of the Iranian Central Banker confirms Iraq and Iran are together moving forward with and supporting each other’s monetary reform.  Getting rid of the crooks in the Central Bank is yet another thing Shabibi can check off.  The US has always demanded a fully formed government, a permanent military presence, troop immunity, and the HCL.  Getting rid of ISIS and passing these laws are being Accelerated IMO. The U.S. Serious about completing their mission in Iraq to such an extent the US stated that they would use their military to protect the three Presidents and Abadi.  [post 2 of 2]
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Islandg1211 – Jack Lew the US Sec of Treasury Guaranteed Iraq’s loans to the IMF.  He could not have done that without already knowing that Iraq was Article VIII compliant, IMO.  The IMF prefers to RV countries the end of April. I’m still looking at this time frame.  Jack’s action supports this.    Shabibi has always been concerned with inflation and debt prior to RVing. (He got inflation under control, Iran is playing catch up with that.) The bonds and credit rating will help Shabibi’s balance sheet in order to support the new rate.  The loans will help Iraq’s problem of the Budget deficit caused by the lower oil prices.  All these meetings in DC between Zebari, the WB, JP Morgan, IMF’s “Coconut” concluded with Jack Lews guaranteed loans.  [post 1 of 2….stay tuned]
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Source: al-Jabouri infallible will be asked to dissolve Parliament and hold early elections

Baghdad – Parliamentary sources, Wednesday, the President of the House of Salim al-Jabouri to visit President Fouad Massoum, adding that al-Jabouri infallible will be asked to dissolve Parliament and hold early elections.

The source said in an interview for “sky”, “Parliament Speaker Salim Al-Juburi went to visit President Fouad Massoum”.

The source said on condition of anonymity, said al-Jabouri infallible will be asked to dissolve Parliament and hold early elections. ”

A parliamentary source said early Wednesday that the chaos occurred inside the House, cause upheavals to trap some of the deputies commissioned mp Mishan al-Jabouri request requires the removal of the three presidencies, said Salim Al-Juburi asked the President of President Fouad Massoum to attend Parliament.

Earlier, the source said Tuesday that the number of signatories to the sacking of the three presidencies reached 167 Vice “, adding a” this dismissal presidencies have reached normalcy.

Read More: http://www.dinarupdates.com/showthread.php?33615-Source-al-Jabouri-infallible-will-be-asked-to-dissolve-Parliament-and-hold-early-ele&p=150628#post150628
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Adam Montana – […do you think a date and rate exist? Do you think that whoever is in charge in Iraq has decided a date and rate yet or is that still up for debate in Iraq right now too?]  I’ve stated many many times that I don’t think we’re looking for a “date and rate” – I believe we are looking for a set of circumstances, which includes a lot of what we already have and also the all-important HCL. Hopefully we’ll be getting back to work on that very soon, in the aftermath of the current situation Parliament is in. But if we have to pick a rate…how does $1 sound?
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Kaperoni – Article:  “Zebari discuss with the World Bank the possibility of bringing financiers and investors to Iraq”  There is never a guarantee that it will all come together, but I do like this...   “to reach an agreement between Iraq and the Fund as soon as possible to finalize the Stand-By Arrangements“  More debt for Iraq and agreements they must follow are all good things pushing this reform forward. 
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Iraqi Dinar/Dollar auction (most recent listing) 04-21-16

Currency Auctions Announcement No. 3184

This daily currency auction was held in the Central Bank of Iraq on the 04-21-2016

The results were as follows:

More: http://dinarupdates.com/blog/
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Poppy3 – A NEW BUT VERY WELL POSITIONED SOURCE…HE IS SO CLOSELY INVOLVED HE IS FORBIDDEN TO HOLD DINAR…HE SAYS THE NEXT WINDOW DOES NOT OPEN TILL JUNE 1 AND WILL REMAIN OPEN WITH INFORMATION AVAILABLE THROUGH HIS POSITION AT THIS TIME THROUGH THE FIRST WEEK OF JULY…HE SAID AT THAT TIME HE WILL RECEIVE ORDERS FOR THE NEXT 60 DAYS OR SO AS WHAT TO EXPECT AND HOW TO PREPARE FOR FURTHER TRANSACTIONS. THIS IS WHAT THE MAN SAID I COULD SHARE. SORRY IT IS STILL VAGUE BUT I TOTALLY UNDERSTAND AND BELIEVE WHAT HE IS SAYING AS FACT…AND HIS POSITION I WAS VERY IMPRESSED WITH.
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Adam Montana – I love it when Iraq makes things simple for me. For weeks and months, we’ve been at a standstill with Iraq. No progress, nothing to really talk about. But if you’ve been reading the news over the last week, starting on about Saturday… it looks like the time has come for change. In fact, it looks like al Sadr is on a rampage!   Quote:  “Urgent..Sadr calls for ministers to submit their resignations immediately to pave the way for the formation of a new government...”  And you’re going to see that after the weeks and months of dragging feet, we’re on the road to be back in business. Iraq doesn’t want to sit stale and stagnant, any more than we want to witness it. We haven’t heard a peep about the HCL in months, and it seemed like nobody was going to do anything about it. Looks like that changed, so let’s hope for some good news out of this little shake-up.
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Chest: elections, “early” may be the beginning of the end of quotas and corruption

Chest: elections, “early” may be the beginning of the end of quotas and corruption

Saw the cleric, Muqtada al-Sadr, on Wednesday, said that “early elections” may be the beginning of the end of quotas and corruption!!

Read More: http://www.dinarupdates.com/showthread.php?33619-Chest-elections-quot-early-quot-may-be-the-beginning-of-the-end-of-quotas-and-corruption&p=150632#post150632
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Shredd – ...finally some leverage to push Iraq into what they CAN do…move to a market-driven currency and start moving out of a dual currency economy which will take away sooooo much corruption and create transparency and fairness in trade. No longer falsely holding down their dinar, sure, it’s not at a buck now but it sure as heck is stronger than a tenth of a penny!  also, good to see a few days ago the push for getting a stronger credit rating as that increases, more investment opportunities at a lower interest rate will emerge which creates lending and then borrowing and then liquidity, it’s all connected.   [post 2 of 2]
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Shredd – “Finance Minister meets US Secretary of the Treasury”   “…reaching an agreement between Iraq and the International Monetary Fund on the standby credit arrangements, and its willingness to contribute to the loan guarantees…”   Iraq is not bankrupt or in financial ruins, so why the support?  they need backing and support arranged for moving to a new monetary policy, for moving to a float…they are saying, hey we are being pushed in a corner and we gotta move on the float…do we have your support while we do this…we can anticipate and project local and global response but we can’t see 100% of it… they must have a strong, smooth transition.   [post 1 of 2….stay tuned]
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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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