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…
Isaiah 26:3 (NKJV)
3 You will keep him in perfect peace,
Whose mind is stayed on You,
Because he trusts in You.
Heavenly Father, Thank You that You are the God of Peace! Thank You for Your peace; we trust in You 🙂 In Jesus Name, Amen.
Mrs BGG
Iraqi Dinar/Dollar auction 10-11-15
Currency Auctions Announcement No. 3051 (most recent listing)
This daily currency auction was held in the Central Bank of Iraq on the 10-11-2015
The results were as follows:
| DETAILS | NOTES |
| Number of banks | 23 |
| Number of remittance companies | 7 |
| Auction price selling dinar / US$ | 1166 |
| Auction price buying dinar / US$ | —– |
| Amount sold at auction price (US$) | 175,008,113 |
| Amount purchased at Auction price (US$) | —– |
| Total offers for buying (US$) | 175,008,113 |
| Total offers for selling (US$) | —– |
More: http://dinarupdates.com/observer/
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Whatever you do will be insignificant, but it is very important that you do it. – Mohandas Karamchand Gandhi
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Iraq stop the plan to issue bonds because of international high-yield
Alsumaria News / Baghdad – Ministry of Finance announced on Sunday that Iraq suspended its plans to issue international bonds, attributed the reason for this is that the revenue that will pay will be very high.
Fadel said the Prophet, Undersecretary of the Iraqi Minister of Finance that the recent “ordered a halt to bonds because the interest rate will be high.”
It was Iraq who are fighting terrorist groups and suffering from shrinking oil revenues because of low crude prices may hold meetings throughout the week with investors in Europe and the United States last month in an effort to promote a version planned.
The aspires to raise about two billion dollars from the initial version is denominated in the US currency in the context of the series were versions will reach six billion dollars.
But informed sources said that investors demanded very high returns, which was Iraq will carry a heavy financial burden.
BGG ~ So one of three things is in play here…
1) They couldn’t sell the bonds (no one was interested)…
2) The yield was too high (as is the interest rate on these international loans)… I did say international investors would buy – but they would want a premium for this risk (as in BIG MONEY)…
3) They have another solution to their budget crisis they intend to move on… (which they always have had)… HINT – MONETARY REFORM.
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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
(Please note – we are posting daily News Articles slightly differently now)
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Parliamentary Energy proposes new legislation for oil and gas
Khandan – announced for the Oil and Energy Committee in the Iraqi Council of Representatives, said that there is a tendency for the Commission to move to draft a new proposal for the oil and gas law in case the federal government delayed sending a draft oil and gas law, which decided to withdraw it from the House of Representatives.The committee member said Zaher al-Abadi, that “the Commission will proceed to formulate a proposed new law on oil and gas in the case of the federal government delayed sending the bill, which has decided to withdraw it from parliament along with 55 other bill. “He said al-Abadi told Iraqi Media Network that” the Commission will begin early next legislative term drafted the proposed law and submitted to the Parliament to pass and resolve differences oil between Baghdad and the Kurdistan region and between the provinces own. “Since the adoption of the Iraqi constitution, such as oil and gas law the most outstanding between Baghdad and Erbil files were unable to former House and present to find consensus on a common formula for the oil and gas law.
BGG ~ They can “propose” anything they want – unless it comes from the CoM or the PoR – it won’t withstand a constitutional challenge…
“Round Table” Dinar Call!!
“for Dinar News – that MATTERS!!”
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DinarUpdates.com News Time Chat 10-10-15 PM
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: THIS FIRST REPORT THOUGH
Millionday: READ EVERY WORD
Millionday: NOTE — THIS IS A VERY FORMAL MEETING
Millionday: Finance Minister Hoshyar Zebari, on Friday, that the government’s policy in the financial and administrative reform and in the fight against corruption in line with IMF and World Bank policies of international “.
A statement by the Ministry of Finance received / scales News / Zebari “head of the Iraqi delegation to the annual meeting of the International Monetary Fund and the World Bank and the accompanying public debt circles managers and the delegation, and the Fund for the Iraqi Development, and the budget in the Ministry of Finance,
Millionday: NOTE — THIS IS NOT JUST AN INTERVIEW — IT IS THE PRESENTATION RESULTS FROM THE IN PERSON MEETING
Millionday: NOTE — IRAQ`S REFORM IS COMPLIANT WITH WB AND IMF — ====INTERNATIONAL COMPLIANCE
Read More: http://www.dinarupdates.com/showthread.php?22169-Millionday-News-10-10-15
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Commercial Solicitation
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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 | 1312.216 | 1311.560 |
| British pound | GBP | 1789.110 | 1788.216 |
| Canadian dollar | CAD | 895.683 | 895.235 |
| Swiss franc | CHF | 1205.043 | 1204.441 |
| Swedish krona | SEK | 141.873 | 141.802 |
| Norwegian krone | NOK | 142.346 | 142.275 |
| Danish krone | DKK | 175.875 | 175.787 |
| Japanese yen | JPY | 9.715 | 9.710 |
| Special Drawing Rights |
SDR | 1642.929 | 1642.108 |