Word for the day…
Mrs. BGG
Iraqi Dinar/Dollar auction 01-12-17 (most recent listing)
Currency Auctions Announcement No. 3358
This daily currency auction was held in the Central Bank of Iraq on the 1-12-2017
The results were as follows:
| DETAILS | NOTES |
| Number of banks | 34 |
| Number of remittance companies | 17 |
| Auction price selling dinar / US$ | 1182 |
| Auction price buying dinar / US$ | —– |
| Amount sold at auction price (US$) | 150,609,279 |
| Amount purchased at Auction price (US$) | —– |
| Total offers for buying (US$) | 150,609,279 |
| Total offers for selling (US$) | —– |
More: http://dinarupdates.com/observer/
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Underlying most arguments against the free market is a lack of belief in freedom itself. – Milton Friedman
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loop (Dinar Guru) – Article: “Central Bank announces the adoption of the international mathematical number (IBAN) makes all the conversions” IMO it is another part of the deletion of the zeros process falling into place. They will be able to track where all the money goes on an international level, which will ensure that the funds do not go to anyone on the blacklist.
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Central Bank announces the adoption of the international mathematical number (IBAN) makes all the conversions
(Independent) … the Iraqi Central Bank announced the adoption of the international mathematical number (IBAN) in all local and foreign remittances for the purpose of unification of bank account numbers in banks and Iraq, while stressing that the new formula will improve the level of financial and banking services and overcome common mistakes when remittance.
The central bank said in a statement received by the (independent) announced today that “the Bank has adopted the international mathematical figure of IBAN, starting from the second of January of 2017 in all local and foreign remittances for the purpose of unification of bank account numbers in all operating banks in Iraq.”
Bank, said that “adding a new version of the account numbers will contribute to improve the level of financial and banking services as well as common mistakes exceeded in some banks and financial institutions in the use of customer accounts when remittance figures.” (End)
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Arthur (Dinar Guru) – Two days ago we saw a CBI announcement calling for the “conversion” of what they call “uncles” which we have translated to mean the large notes held in Iraq and perhaps even globally. We then saw them transport a large amount of money to their largest bank which they say ended their over 2 year long severe liquidity crisis and IMO will facilitate this massive conversion from the aforementioned “uncles” to their lower denominations thus beginning the delete zero project on schedule in “early 2017”. [post 2 of 2]
Read More: http://www.dinarupdates.com/observer/
The fight against terrorism: the next few days will witness the liberation of Mosul
Roudao-Erbil – Explained Major General Fadel Barwari, of the Anti – terrorism, said : “On Friday , January 6 marked the Iraqi army holiday, but because of our progress in the fighting was not possible for us sweets were distributed to the army and the citizens.”
Berwari said network Roudao media, we “Today we distribute sweets to mark the founding of the Iraqi army, and in the near future also Snozaa sweets to mark the liberation of Mosul city is full of elements of al – Daesh.”
Berwari said that “progress on the part of anti – terrorism device of this side arrived in Al Muthanna, was the liberation of the first aspect of this neighborhood until we arrived at the archaeological village that separates Al Muthanna to both sides, and now go towards the second side neighborhood of Muthanna and crossed Khosr River River.”
In the last Major General Fadel Barwari added that “We have big surprises we will announce in the next few days, and this happy surprises for all Iraqis, and especially to the people of Mosul.”
Iraq:
If you could find some way to convince folks to at least skim through this document, they would be amazed. The moves Abadi has been making the last few months – kind of sense now. There is some outstanding information here.
DayTrader
IMF EXECUTIVE BOARD COMPLETES FIRST REVIEW IRAQ’S STAND-BY ARRANGEMENT (45 pages…)
Arthur (Dinar Guru) – …we see several key progressive movements over just the past few days that give rise to much excitement and anticipation. Iraq’s IBAN (International Bank Account Number) that every country needs to conduct international banking and commerce that was set up in December went into full effect on January 2nd giving Iraq the ability to do banking and commerce with the international community. [post 1 of 2….stay tuned]
Read More: http://www.dinarupdates.com/observer/
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Central Bank of Iraq supports the currency “delete the zeros” (from) the Dinar
Revealed the Keywords Governor of the Central Bank of Iraq to delete the zeros of the Iraqi currency, he began to develop the first steps of the support of the Iraqi dinar project.
Keywords and said in a statement, said that the aim of the deletion of three zeros is to support the Iraqi dinar, and make it a competitor to foreign currencies, pointing out that this strategic project will serve the country ‘s economy, as the dinar will be included in the global basket of currencies in the vital exchanges.
He added that the bank is working on mechanisms for the implementation of the project, it is expected to start at the beginning of 2017. He pointed out that the introduction of the new currency does not mean the destruction of ancient coins, but will continue to trade for about 10 years.
Abmisr.com
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| CURRENCY | CODE | SELL | BUY |
| US dollar | USD | 1184.000 | 1182.000 |
| Euro | EUR | 1229.584 | 1228.969 |
| British pound | GBP | 1455.018 | 1454.290 |
| Canadian dollar | CAD | 881.083 | 880.643 |
| Swiss franc | CHF | 1150.073 | 1149.498 |
| Swedish krona | SEK | 129.489 | 129.425 |
| Norwegian krone | NOK | 136.601 | 136.532 |
| Danish krone | DKK | 165.398 | 165.315 |
| Japanese yen | JPY | —– | —– |
| Special Drawing Rights |
SDR | 1582.534 | 1581.743 |