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…
Mrs. BGG
Iraqi Dinar/Dollar auction (most recent listing) 04-26-16
Currency Auctions Announcement No. 3187
This daily currency auction was held in the Central Bank of Iraq on the 04-26-2016
The results were as follows:
| DETAILS | NOTES |
| Number of banks | 30 |
| Number of remittance companies | 22 |
| Auction price selling dinar / US$ | 1182 |
| Auction price buying dinar / US$ | —– |
| Amount sold at auction price (US$) | 116,446,881 |
| Amount purchased at Auction price (US$) | —– |
| Total offers for buying (US$) | 116,446,881 |
| Total offers for selling (US$) | —– |
More: http://dinarupdates.com/observer/
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Crisis is the rallying cry of the tyrant. – James Madison
*** Current News ***
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Ok – so here it is…
I have been working on this info for a couple of days now… I needed to look into it, capture some screen shots on my own and mull it over before I put this out…
It appears, last Tuesday, for about 3 hours – the Investing.com trading platform was showing an increased value to around 8 1/2 cents… I’ll add more details as we go…
Here is a screenshot taken last Tuesday, showing a clear increase in the value of the Dinar. Obviously, only for about 3 hours, but still… very exciting.
To “fact check” this for yourself, go to – http://www.investing.com/ – move your cursor to “More”… click on “Currencies”… In the Middle East section find USD/IQD – click on it…
Just under the USD/IQD overview – there is a line that has the “1H” shown below… click it, you will notice that for approximately 3 hours on the 19th, the value (on this platform) of the IQD was reflected as approximately 8 1/2 cents (more on how I arrived at this later).
BTW – It obviously shows a significant increase (like – almost 10,000%). When you place your cursor in the lower right hand circle… it will show a value (at that time) of 11.8 Dinars per USD. WOW!! (Thanks to thh for providing this info)…
Note the “day range” of 11.8-1,165.10 Dinar to the USD… NICE. We’ll see how this ends up – but this is notable. Are trading platforms “quirky”? Yes, notoriously…
However, this shows up a number of different ways, and not just in one instance… though it doesn’t show up on all of their templates, this goes hand – in – hand with the recent vein of news that Iraq is “readying” themselves for some “major integration” with the world markets.
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11.8 DOES NOT mean they simply “removed the zeros” – it would have had to move one more decimal place if this were the case. This reflects (and that is all I am commenting on – what this platform reflects). It is reflecting 11.8 Dinars per 1 USD. To figure the value – since it is in divisions of 1 USD… take 1 (USD) divided by 11.8 = .08475 (ish)… or about 8 1/2 cents. Is this where I think it will end? NO. Is this where I think it will start? It may already have. I am neither predicting nor proclaiming… I am simply sharing and commenting on what is readily available.
Very exciting times…
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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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This is next one is a real stunner… they refer to Shabibi as the “current” Chairman of the CBI (note his name in the red circle below – this I captured myself, as a screen shot). Could this be he still is, and Alak is still viewed as the “proxy” Gov of the GOI – for sure… but very interesting, to say the least.
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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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The United Nations stands ready to intervene to dissolve the parliament crisis
The United Nations stands ready to intervene to dissolve the parliament crisis
Special Representative of the Secretary-General of the United Nations in Iraq, Jan Kubis, the United Nations stands ready to find a political solution to the crisis that is currently taking place in parliament, he said.
He said in a statement after a meeting with President Fuad Masum said the political parties in Iraq must reach a political solution, and on an urgent basis, based on the Constitution and the law and the principles of democracy, which puts an end to the state of division and paralysis taking place in Parliament, paving the way rapidly to initiate and proceed forward with the necessary anti-corruption measures and reforms as well as ensuring the smooth functioning of state institutions without any pressure or intimidation noting that the United Nations stands ready to facilitate these efforts, if needed and if requested by the parties.
Read More: http://www.dinarupdates.com/showthread.php?33885-The-United-Nations-stands-ready-to-intervene-to-dissolve-the-parliament-crisis
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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 | 1331.405 | 1330.739 |
| British pound | GBP | 1708.463 | 1707.609 |
| Canadian dollar | CAD | 932.177 | 931.711 |
| Swiss franc | CHF | 1212.059 | 1211.453 |
| Swedish krona | SEK | 145.189 | 145.117 |
| Norwegian krone | NOK | 143.570 | 143.499 |
| Danish krone | DKK | 178.909 | 178.820 |
| Japanese yen | JPY | 10.616 | 10.611 |
| Special Drawing Rights |
SDR | 1661.254 | 1660.423 |