Dinar Daily NEWS Blog – October 14th

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 10-13-16 (most recent listing)

Currency Auctions Announcement No. 3296

This daily currency auction was held in the Central Bank of Iraq on the 10-13-2016

The results were as follows:

DETAILS NOTES
Number of banks 30
Number of remittance companies 14
Auction price selling dinar / US$ 1182
Auction price buying dinar / US$ —–
Amount sold at auction price (US$) 141,865,045
Amount purchased at Auction price (US$) —–
Total offers for buying (US$) 141,865,045
Total offers for selling (US$) —–

More: http://dinarupdates.com/observer/
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Nobody made a greater mistake than he who did nothing because he could only do a little. – Edmund Burke

*** Current News ***

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rcookie (Dinar Guru) –   Article quote:   “Finance Committee in the House of Representatives confirmed on Wednesday that the financial umbrella provided by the agreement with the International Monetary Fund and World Bank, which will contribute to the creation of “radical reform” of the Iraqi economy…”   SO…HERE THE ANNOUNCEMENT OF INTERNATIONAL FINANCIAL UMBRELLA FROM WB & IMF TOTALING $18 BILLION (TOTAL 20 BILLION) THAT WILL CREATE  “RADICAL ECONOMIC & FINANCIAL REFORM” IN IRAQ AND IMPLEMENTATION OF INFRASTRUCTURE PROJECTS… CREATE RADICAL ECONOMIC & FINANCIAL REFORM!  BOULYAAAH!

Read More: http://www.dinarupdates.com/observer/

Dinar Updates – “The Big Question!!”
from Tues – Oct 11th

w/RCookie, Mr White & Hutch

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Randy Koonce (Dinar Guru) –   Iraq wants to RV, and they tell us this all the time in the paper...They will tell us they are opening the budget, but do not.  They tell us they are going to start the Tariffs, but they don’t.  They tell us that they are getting loans to do massive building, but for some reason there is still nothing going on…They keep telling us that they have approved the oil law… but they never enact it…And after this repeated pattern of information, they then sit quietly for a while and they start the whole process up again.  OK. So, what is the one Key that is required to do all these thingsThe RV!   Why? Because it takes money that is worth more than the paper it is printed on.  So even tho you are disappointed it has not happened yet, there is one more common ‘key’ that is mixed in with this repeated process. And that is Obama… He has a reason for not doing it just yet, and he has kept Iraq and the world at bay with this RV…We have information that comes from good sources; it is the best we can do. [post 1 of 2….stay tuned]

Read More: http://www.dinarupdates.com/observer/

Parliament will hold its next Monday

 Parliament will hold its next Monday  {Baghdad: Euphrates News} House of Representatives held its regular meeting next Monday instead of Tuesday

According to a parliamentary source told {Euphrates News} ” The Presidency of the Council of Representatives decided to hold a regular session on Monday , 10/17 at eleven in the morning.”

The House of Representatives decision of Imad Youkhana, it had said earlier that the board of the Presidency of the Council of Representatives has decided to hold the parliament session on Tuesday next day on 10.18.2016.

The House of Representatives may raise its Monday of last week , without specifying the date of the next meeting. is over

Read More: http://www.dinarupdates.com/showthread.php?42431-Parliament-will-hold-its-next-Monday-10-14-2016

Thanks to Romello for posting this… I highlight this mainly because there is so much coming up regarding critical legislation – very good news.

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Randy Koonce (Dinar Guru) –   I know a bunch of you believe there will be a basket going but that is not right. There will be different ones going, but they all will be within a month or even two. And, we do not know which way they are going except that of Iraq… and there is a strong chance for the Iran Rial…I need everyone to breathe and do not get anxious and do not give up even if it keeps going…Iraq will have to do those things I listed above and cannot do any of them without an RV….We are close.. Every large bank will exchange… RELAX the RV is coming…Breathe…   [post 2 of 2]

Read More: http://www.dinarupdates.com/observer/
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IMF: Iraq is making good progress to complete the Stand-By Agreement

IMFbanner

[Oan- Baghdad] – IMF mission announced in Baghdad that Alarachakq good progress towards the completion of the first review of the standby credit agreement .

A statement by the Central Bank of Iraq received by all of Iraq [where] a copy of it, all made Christian nut, head of the IMF mission to Iraq, saying the Iraqi authorities continued their discussions with the IMF experts in Washington , DC, during the period October October first 6-10 this on the first revision of the agreement to prepare the credit amounting duration of 36 months , which was approved by the IMF Executive Board on July 7, 2016 . ” he added coconut” Iraqi authorities have made good progress towards the completion of the first review of the agreement to prepare the credit . ” and that , ” Once you provide the additional information required and the implementation of the prior actions agreed , the Executive Board will consider the first review of the agreement to prepare the credit , which is likely to take place in November or December”.

He pointed to” the meeting during the discussions with the Governor of the Central Bank of Iraq by proxy Ali Mohsen Keywords , and Undersecretary of the Ministry of Finance Fadel Prophet , financial Adviser to the Prime Minister the appearance of Mohammed Saleh , and a group of officials from the Ministry of Finance and the Central Bank of Iraq and a representative of the Kurdistan Regional Government , “pointing out that” the Fund ‘s team would like to thank the Iraqi authorities on the good cooperation and discussions frank and fruitful . ”

Read More: http://www.dinarupdates.com/showthread.php?42429-IMF-Iraq-is-making-good-progress-to-complete-the-Stand-By-Agreement-10-13-2016

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Federal Court decision did not address the re-Allawi and al-Maliki and Najafi or not

J pTwilight News / issued a judicial authority in Iraq on Monday clarification on the heroes of the Federal Supreme Court for the decision to cancel the posts of Vice-President of the Republic.

A spokesman for the authority Judge Abdul Sattar Bayraktar, said in a statement responded to the Twilight News, he said that “the decision to cancel the posts of Vice-President of the Republic stipulated in Articles (69) and (75) of the Constitution is an amendment to the Constitution without the path charted by the Constitution to amend provided for in article (142) thereof which requires a decision by the House of Representatives amendment referendum and the Iraqi people on it. ”

He added that “the decision of the Federal Supreme Court was based on a complaint filed by Mr. Osama al unconstitutionality,” noting that “the resolution does not mention unconstitutionality to restore or not to restore the Vice President of the Republic gentlemen d.Ayad Allawi and Nouri al-Maliki and Osama al. ”

The Federal Supreme Court had earlier in the day ruled unconstitutional the decision to cancel the posts of Vice-President of the Republic.

From our Private FaceBook Group: https://www.facebook.com/groups/571383766355188/

Thanks to “Ebb Haney” for posting this…

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News site: Victory in Mosul will strengthen the rule of Abadi

For the Baghdad government, there is no greater prize than the restoration of the city of Mosul. With the approach of the attack in the coming weeks, extremists are facing the biggest blow can be directed to the succession.

He says Haider al-Khoei, a fellow of the European Council on Foreign Relations in London, “We are not just talking about symbolic victory on Daesh group, but rather about a fatal blow alleged succession, but will remain a powerful terrorist organization and that its loss would increase its attacks in the West, Iraq and Syria in order to say that they still exist and that the loss of its capital in Iraq will not make them disappear. ”

Battle of Mosul may be crucial for Iraq, analysts say, to restore them might help change the views of some of the government as vulnerable by convincing the new Iraqi military capability.

Units to fight terrorism and the Iraqi army is now preparing for the battle, and the Peshmerga forces are deployed near the city. Any military operation against Daesh risky because of the versatility of the extremists in the booby-trapping of entire regions and hide their movements for airplanes using burning oil and using deceptive wheels Humvees bombs and other Iraqi military wheels seized, but Iraqi officials were confident of the final result.

During this week’s broadcast of Prime Minister Haider al-Abadi first radio speech to the people of Mosul, who are suffering from increased violence Daesh in recent weeks against the fifth column, where he said “we will celebrate with you soon great victory in Mosul.”

He promised to raise the banner of Abadi, Iraq’s Mosul over again reviewing the liberated city names “that have returned to our homeland Iraq and to our people.” In late September, the Iraqi forces dropped leaflets for people in southern Mosul, states, “Protect yourselves and do not be human shields for the enemy, and left the city immediately.”

And defended Daesh group for some cities in Iraq, but its fighters Tlachoa in the latest confrontation in Fallujah, leaving Iraqi forces proud victory boosting Iraqi leaders are confident that the battle of Mosul may also be easy.

In the case of loss of grip on Daesh Mosul, there are various participants who have different expectations. Says Michael Knights, an expert in Iraqi affairs at the Washington Institute for Near East Policy, “for the people of Mosul, they will end the nightmare and the beginning of a new era, the Iraqi forces are coming to the city Kqguat editor but not occupied.”

The Knights “For the Americans the victory allows the president to wipe his hands of the Iraqi chaos and turns away as if everything had gone as planned. For the Iraqi government, the political victory large may boost Abadi’s ability to combat all forms of militias and prevent it from taking over the country.” .

Canadian Gen. Dave Anderson administrator Top of training Iraqi forces to victory, says Mosul is inevitable and will be a turning point against the presence of Daesh, and it’s the beginning of the end and Daesh know that “We have seen signs of left leaders Daesh to their positions because they know what will happen, and Mosul will be free.” But the way to edit may decide to shape policy in Iraq for many years to come.

Read More: http://www.dinarupdates.com/showthread.php?42330-News-site-

Thanks to MadDScout for posting this…

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Iraq:

Letter of Intent, Memorandum of Economic and Financial
Policies, and Technical Memorandum of Understanding

06192016loi

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CURRENCY CODE SELL BUY
US dollar USD 1182.000 1180.000
Euro EUR 1309.538 1308.883
British pound GBP 1448.777 1448.053
Canadian dollar CAD 892.817 892.370
Swiss franc CHF 1196.962 1196.364
Swedish krona SEK 135.653 135.585
Norwegian krone NOK 144.869 144.796
Danish krone DKK 175.985 175.897
Japanese yen JPY 11.371 11.365
Special
Drawing Rights
SDR 1633.867 1633.050

Indicative rates – 10.14.2016

http://www.cbi.iq/

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