Dinar Daily NEWS Blog – Oct 12th

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…

Luke 1:37 (NKJV)

37 For with God nothing will be impossible.”

Heavenly Father, Thank You that You are Love! Thank You that nothing will be impossible with You 🙂 In Jesus Name, Amen.

Mrs BGG

Dinar pic above Daily Dinar Value

Iraqi Dinar/Dollar auction 10-12-15

Currency Auctions Announcement No. 3052 (most recent listing) 

This daily currency auction was held in the Central Bank of Iraq on the 10-12-2015

The results were as follows:

DETAILS NOTES
Number of banks 21
Number of remittance companies 10
Auction price selling dinar / US$ 1166
Auction price buying dinar / US$ —–
Amount sold at auction price (US$) 184,291,000
Amount purchased at Auction price (US$) —–
Total offers for buying (US$) 184,291,000
Total offers for selling (US$) —–

More: http://dinarupdates.com/observer/
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DinarUpdates.com News Time Chat 10-11-15 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: NOTE — SETTING UP FOR ECON0MIC REFORMS MONITORING

Millionday: Hussein al-Tamimi Tgb exhorted economic Member Baghdad forum Amer Jeweler to adopt court mechanisms and commissions of new work is characterized by professionalism, competence and integrity in the detailed application of government reforms aimed to evaluate courses of action in Iraq and achieve economic viability in the productive sectors and service.

Millionday: NOTE — COMMITTEES TO TAKE THE ROLES

Millionday: He admitted Jeweler the enormity of responsibility and the complexity of the process required actions , pointing to the need for action to contain the challenges and constraints routine and work on the calendar management system that requires genuine national spirit, praising the substantial support given to the reform process, which is the most important elements of success.
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Read More: http://www.dinarupdates.com/showthread.php?22220-Millionday-News-10-11-15
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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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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.

Read More: http://www.dinarupdates.com/showthread.php?22172-Iraq-stop-the-plan-to-issue-bonds-because-of-international-high-yield

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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DinarUpdates.com News Time Chat 10-10-15 PM 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!!

Baxter1243: where is the money going to come from to pay for this? Some haven’t been paid in a year now… even if its on the card.. somewhere along the line… it has to be cashed..

Millionday: IT WILL COME FROM THE FEDERAL BUDGET THAT IS BEING DISTRIBUTED BY CBI —-

CBI IS NOW OVER ALL BANKING AND THE GOVERNMENT ANNOUNCED THEY ARE DONE WITH THE LEGISLATION THAT WAS NEEDED FOR IRAQ`S REFORMS – SO FROM THE FEDERAL GOVERNMENT

Millionday: IN BANKING THE BANK IS REQUIRED TO HAVE ON HAND A % OF ALL DEPOSITS — THAT IS WHY THE TERM “RUN ON THE BANKS” IS SEEN AS A FEAR WITHIN A COUNTRY — THEY WILL HAVE PLASTIC BUT FEDERAL BENEFITS
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Read More: http://www.dinarupdates.com/showthread.php?22220-Millionday-News-10-11-15
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Gun show, target and ammo

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 1324.809 1324.147
British pound GBP 1788.411 1787.517
Canadian dollar CAD 900.664 900.214
Swiss franc CHF 1213.951 1213.344
Swedish krona SEK 141.860 141.789
Norwegian krone NOK 144.166 144.094
Danish krone DKK 177.590 177.501
Japanese yen JPY 9.719 9.714
Special
Drawing Rights
SDR 1645.774 1644.951

Indicative rates – 10.12.2015

http://www.cbi.iq/

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