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…
Psalm 91:4 (NKJV)
4 He shall cover you with His feathers,
And under His wings you shall take refuge;
His truth shall be your shield and buckler.
Heavenly Father, thank You for Your Truth! Thank You that You are our Shield and Buckler! Thank You for covering us with Your feathers and that we have refuge under Your wings 🙂 In Jesus Name, Amen.
Mrs BGG
Iraqi Dinar/Dollar auction (most recent listing) 11-22-15
Currency Auctions Announcement No. 3078
This daily currency auction was held in the Central Bank of Iraq on the 11-22-2015
The results were as follows:
DETAILS | NOTES |
Number of banks | 25 |
Number of remittance companies | 18 |
Auction price selling dinar / US$ | 1166 |
Auction price buying dinar / US$ | —– |
Amount sold at auction price (US$) | 263,783,650 |
Amount purchased at Auction price (US$) | —– |
Total offers for buying (US$) | 263,783,650 |
Total offers for selling (US$) | —– |
More: http://dinarupdates.com/observer/
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Millionday – Article quote: “…Central Bank intends to implement is to issue less cash currency of category 250 dinars, and a new edition to the category of 500 dinars.” CBI IS RELEASING DENOMINATIONS THAT ARE LESS THAN 250 DINAR NOTE — ADD IN A 500 DINAR NOTE. THIS IS ALL PART OF THEIR NEW PLANS AND TO FILL THE MARKET NEEDS. THE COMPLETE MONETARY STRUCTURE INCLUDES THE DEVELOPMENT OF A HIGH VALUE FOR THE DINAR AND ALSO SMALL DENOMS AND INCLUSION OF A 50,000 DINAR AS DESIGNED. WHEN THE IRAQI SMALL DENOMINATIONS ARE RELEASED DUE TO A CHANGE IN PRICES AND THE RAISE TO A HIGH VALUE FOR THE DINAR — A RESULT OF THAT WILL BE THE RELEASE OF INTERNATIONAL VALUES/PRICES FOR THE DINAR…THEY DID NOT GIVE A DATE — HOWEVER ACCORDING TO WORLD BANK IT IS URGENT.
Read More: http://www.dinarupdates.com/observer/
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Parliamentary Economy: delete the zeros need a safe environment and next year will see the issuance of a class of 100 thousand dinars
BAGHDAD / A commission parliamentary economy, on Saturday, for the issuance of class 100 000 dinars cash currency early next year in order to market need to handle them, pointing out that legal action properly and in conformity with the laws of the central bank, while stressing specialists in economic affairs that the issuance of the big currencies, whether of class 50 100 000 dinars, or is part of a large project to restructure the Iraqi currency.
Said committee member economy parliamentary Najiba Najib said in an interview to the “long” that there is a tendency to issue small groups also categories of 50 and 100 dinars.
And for the project to delete the zeros confirmed Najib said “the Iraqi Central Bank completed the previously all preparations for the project, indicating that it” has been postponed because of the situation security is stable “in what it said that” the application of the project to delete the zeros needs to assign by the government and parliament to make it a success after the stabilization of the situation in the country because the ground current is suitable for the implementation of such a project.”
Said Najib that ” the subject of deletion of zeros is linked to the security situation closely because it will include all operating in the country banks to receive the old currency and replaced by the new and the old collection and destruction of pointing out the difficulty of the success of that process in the provinces experiencing control Daash parts of them. ”
The central bank announced in the (November 11, 2015) for issuing new cash paper category 50 thousand dinars, attributing this to the completion of the Iraqi Securities monetary structure and the development of high-class value in circulation.
For his part, counting the economic expert on behalf of Anton in an interview with the “long” that the decision to delete the zeros of the Iraqi currency requires a political and security are conditions stable, stressing that “the change the Central Bank of Iraq administration caused the postponement of this project, “said Anton that” the issuance of large denominations will reduce trading in foreign currency and facilitate the transfer of large sums of money from one place to another process.
“He explained that” the current currency consumed much of it because of dealing directly without relying Visa card, as in most countries and that a large currency will facilitate banks and companies work and reduces the number of Trustees of the Fund in.
“He called Antoine” the central bank to explain the cause of the issuance of the large cash currency through educational seminars to prevent cases of concern in the Iraqi market and the fear of issuance Because of the weakness of the culture of this topic “, stressing that” the currency and medium of exchange nor a target and weaknesses and strength are linked to the country’s economy.
“said the governor of the bank on the Keywords in the (3 March 2015) that the project to delete the zeros existing project has been put into practice and that gave light Green to start with, “he said.” The project needs a period of time may extend to two years or more. ”
Read More: http://www.dinarupdates.com/showthread.php?25195-Parliamentary-Economy-delete-the-zeros-need-a-safe-environment-and-next-year-will
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(Please note – we are posting daily News Articles slightly differently now)
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DinarUpdates.com News Time Chat 11-21-15 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 — THIS IS VERY INTERESTING — IT IS THE ANNOUNCEMENT FROM SALEH ABOUT THE MOVE FORWARD TO A MARKET ECONOMY —
Millionday: READ EVERY WORD AND VERY CAREFULLY
Millionday: Managed (State – components) of the framework of its new economic characterization as a system (Riei- liberal) alternative economic system (state – the nation), a system (rent-Central) based on the severe state capitalism Central, which remained determines the directions of economic policy,
and installation constants and variables of financial, monetary and trading and operational trends all power consuming serving Liberal consumption in the mechanics fragile of the parties to the global market without the ability to generate production and diversification of the national economy and in accordance with the structural following:
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Read More: http://www.dinarupdates.com/showthread.php?25205-Millionday-newstime-11-21-15
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DinarUpdates.com News Time Chat 11-21-15 PM Part 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!!
Millionday: MUSIC TO OUR EARS >>>>> Second , although the economic model of the new Almarquintala (Commercial) reflects the strong state capitalism represented, but he has the strength of the partnership between the state and the market or create a cooperative state, especially in a country like Iraq where the state dominates the country’s natural resources major,
currents new Almarquintalah, unlike doctrine Liberal consumer, confirms priority productive side in the economic process. Sound economy in their view, it requires the presence of a production structure intact based on high operating structure of the labor force and wages Kavih.
valtjarh according to doctrine Almarquintala is not Imports ready flow of globalized markets, but that the production of partnership flows into the globalized markets, the national product of Iraq, as it flows into the local market produce it
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Read More: http://www.dinarupdates.com/showthread.php?25205-Millionday-newstime-11-21-15
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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 | 1246.104 | 1245.481 |
British pound | GBP | 1779.899 | 1779.009 |
Canadian dollar | CAD | 878.872 | 878.433 |
Swiss franc | CHF | 1147.073 | 1146.500 |
Swedish krona | SEK | 133.924 | 133.858 |
Norwegian krone | NOK | 134.633 | 134.565 |
Danish krone | DKK | 167.032 | 166.948 |
Japanese yen | JPY | 9.460 | 9.456 |
Special Drawing Rights |
SDR | 1610.094 | 1609.289 |