Word for the day…
Mrs. BGG
Iraqi Dinar/Dollar auction 02-15-17 (most recent listing)
Currency Auctions Announcement No. 3382
This daily currency auction was held in the Central Bank of Iraq on the 02-15-2017
The results were as follows:
| DETAILS | NOTES |
| Number of banks | 34 |
| Number of remittance companies | 13 |
| Auction price selling dinar / US$ | 1182 |
| Auction price buying dinar / US$ | —– |
| Amount sold at auction price (US$) | 162,382,247 |
| Amount purchased at Auction price (US$) | —– |
| Total offers for buying (US$) | 162,382,247 |
| Total offers for selling (US$) | —– |
More: http://dinarupdates.com/observer/
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Bipartisanship is when the Democrats and Republicans team up against the American people. – Will Spencer
*** Current News ***
BGG & Loop (Dinar Guru) – [are you upbeat on the GOI and banking progress?] BIG TIME! HUGE PROGRESS… they are (probably) right at the doorstep of what they need done. Once a couple of things are done – they are fiscally ready to pull the trigger. IMHO. [What are those couple of things that need to be done?] We know that stability plays a major piece of this puzzle and form a banking standpoint I believe they are there. I have started coming to the realization that Mosul being ISIS free and a start of the national reconciliation may very well be what the IMF and the world bank are looking for. I am still very very optimistic about where we are. The big picture that their actions are pointing to is the main reason for this.
Read More: http://www.dinarupdates.com/observer/
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Trump told Abadi, Iran has to leave because we were coming and strongly
Dr. Ayham al – Samarrai – Telephone conversation that took place yesterday between Trump and Abadi was part of three telephone calls to President Trump and important personal meeting in Washington with Prime Minister of Japan. President Trump spoke with Prince Tamim , the Emir of Qatar, speaking on cooperation between the two countries and Syria and the entry of international allies and Arab forces led by the United States to work safe areas for refugees walls and the elimination of Daesh and militias Iran and the formation of the Syrian democratic government of the people, and spoke with the Emir of Kuwait on the activities of Iran malicious in the region (Iran’s malign regional activities), and spoke with al – Abadi and for only ten minutes does not is not applied multi from the Iraqi government ‘s desire of President al – Abadi to congratulate Trump led by America, and the call is a specific fast and written and points to the head of Trump on the command mode and the first of it was that Iran should be reluctant in Iraq and not Sedkaiha from religious parties and Alumblyhawiyeh has remained for them a short time in Iraq, especially in government centers, and that Iran has to leave because we were coming and strongly, and that Iraq is not part of Iran, and the agreement US – Iraqi allow America to resettle 45,000 troops in the rules that have been built by American taxpayers (US funds) and without reference to the approval of the Iraqi government or its parliament and it Fteramb had given orders to his generals to increase the US military in Iraq and quickly. Has never been talk by Mr. Abadi for allowing Iraqis to enter America (originally the place he has cried speak more than congratulations and acceptance to assist the implementation of commands).
Americans are coming and everything we have said previously achieved an Iraq national civil civilized , just and constitutional government where the law is above everyone from the president to the youngest Iraqi citizen older. And that the major events that national forces led today under the leadership of the Iraqi man Urubi brave Mr. al- Sadr is the beginning of the move, which will support and strongly from Mr. Barzani and his party will be liberation of Baghdad criminals Green Zone and the Badr militia and the concrete and nujaba and headbands right of the Iranian Revolutionary army ruler and his associates and representatives of religious parties villainous whether Shiite or Sunni.
The brothers on the demonstrators know that they symbol of the nation and mind and spirit , and their blood will be a beacon for a new Iraq and that victory ally , inevitably , because God is with you and the international community as a whole with you. Not Ttrajawa after today because the criminals who ruled from 2005 until now missed your money and destroyed the dreams of your children and stole all your joy on behalf of the innocent , including religion, as Ali and Umar and Abu Bakr and Othman, Fatima Hassan and Hussein , and all of them closer to us whom these criminals and foreign customers and the killers of the child and the usurpers of women and itinerant people.
People in a major revolution and the world supports it, and I assure you that the news of the martyrs of Liberation Day and pictures briefed by President Trump and knew who the rulers of Iraq , more than ever before! How are killing their own people in cold blood unarmed what is the difference between them and the villainous Daesh that kill innocent of them , too, and knew also drew the government on this cowardly crime against unarmed heroes and how they will cover the crime of militias and as I have done hundreds of times before. And make sure today than before the government of Iraq and also uttered many times by himself and TV interviews that no government in Iraq and the country in chaos.
Today you said that you will continue to achieve your demands:
1. Ending the quota system , but national cohesion and the return to the homeland
2. Solution to the Electoral Commission , but a national one and a variety of specialists and support checks on three. The withdrawal of all weapons from the militias and give the tasks of the army and security services
4. The announcement to re army and security services on the international foundations recognized in all countries of Creation
5. Close all television and radio stations and newspapers partisans Alumblyxiaoah and start giving vacations to international foundations, the spectrum interests of freedom of the national press clean work
6. The release of political prisoners , all of them without exception and immediately
7. Return all the displaced to their villages and towns immediately and without delay
8. And the formation of a government of technocrats headed by technocrats ( the Prime Minister) and not of the minorities (Christian Turkmen Yazidi Sabia Jew or the like)
9. Call of the United Nations and the United States to enter Iraq and strongly military to protect its people from both customers and dealers money and criminals as a failed state and has also been identified by the State and US President Trump many times (Failure State)
This is a revolution of the people and all the eyes of the world upon and everyone involved with all Iraqis, Begin crawl Baghdad and God is with us.
BGG (Dinar Guru) – 2nd part…here’s the real interesting question…WHY ON GOD’S GREEN EARTH does a private company all of the sudden decide they want to start taking in IQD (which is regarded by many in Iraq as WORTHLESS – and hard to deal with)? insisting on…them use IQD to pay for flights. this is what everyone is missing. The freemarket change in perception… ever so slight – but it just happened. …they know what is coming soon…they are looking for appreciation – just like you and I.
Read More: http://www.dinarupdates.com/observer/
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Guterres: reconciliation in Iraq are possible only on the condition
Twilight News / opinion of the Secretary General of the United Nations, said that reconciliation in Iraq are possible according to a certain part, at the same time stressing the importance.
Antonio Guterres said during a joint press conference with Saudi Foreign Minister, “there must be a comprehensive reconciliation in Iraq after regaining control of Mosul.”
He added that this reconciliation possible cooperation of all parties and be a condition on the basis of co – existence and mutual respect.
He stressed at the same time that the United Nations is working to assist the Member States in the fight against terrorism, but he saw that the speech of the anti-Islam provides greater support for Daesh.
BGG (Dinar Guru) – [What’s your thoughts on…Trump, and what he said about the currencies yesterday?] I would take what he’s saying as more of an illustration and not a “literal” statement. However, he seems to be very direct and means to do as he says…him having the “currency parity” stance and seeming to want to enforce that philosophy – IS VERY GOOD FOR US…Especially since Iraq is likely the most undervalued currency on the PLANET.
Read More: http://www.dinarupdates.com/observer/
The government has achieved 70% of the plan to increase non-oil revenues
Economy News / Baghdad … Revealed Acanutormzar Mohammed Saleh, Economic Adviser to the Prime Minister Haider al-Abadi, on Sunday, for the government to achieve 70 percent of its plan to increase non-oil revenues to the state, while assuring employees and pensions insurance during the current year 2017.
Saleh said at a “Economy News,” a statement that “the government is going according to plan aims to increase and expand the non-oil revenues to bridge the shortfall in the state budget law,” noting that “the plan stipulates that equivalent to those revenue 10 percent from government imports within the overall budget the past”.
Saleh added, “The government has managed to achieve 70 percent of that plan,” pointing out that “the government is trying to increase non-oil revenues during the current year’s budget, in order to strengthen the public finances of the state and the advancement of economic reality.”
He pointed out that “the government and within its strategy secured the salaries of employees and retirees in the current year’s budget,” adding that it “plans and measures taken in order to respond to crises that threaten the local economy, is carried at oil prices.”
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The following .PDF is the review by RCookie of the IMF board’s publishing of Iraq’s SBA (excellent info) – He would have wanted you all to have it.. posting the whole .PDF was the only way to get it on here. Enjoy. BGG
Robert Cook CSW CSS CBP CST CTC
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…)
THIS REPORT WAS SENT TO CONGRESS LAST MAY. IT PLAINLY SHOWS IN THIS REPORT THEY EXPECTED THE DINAR TO REVALUE AT AROUND A DOLLAR IN 2013.
We are seeing and hearing that the inflation rate is still climbing and they are pushing to get us our money?? This report is from page 84 of the massive SIGR report.
BGG ~ This is a screen shot from the “Special Inspector General for Iraq Reconstruction” – Apr 2012, quarterly report to Congress. For members of our Government to say they have no idea what is going on here – means they haven’t read some very basic documents presented them.
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I pointed out (last night) this is a highly speculative investment. We are, in no way, guaranteed anything. However, this SIGR report gives us some valuable insights…
1) This is information given to the US CONGRESS on a quarterly basis… I find it hard to believe such an information source would intentionally mislead Congress. They tend to frown on such behavior. Which goes directly to the validity of this adventure – against all advice from Wells Fargo or other such naysayers.
2) It points out there having been a legitimate “plan” – or time frame in motion…having been projected to be done in 2013. We are obviously in “overtime” now.
3) It gives us an idea as to who is in charge…the CoM – or Council of Ministers. Who do they answer to?? Maliki. Period. When is he likely to push this forward?? Historically – he has been a “weak Dinar” policy advocate. However, rumor from his own inner circle admits he can’t win a third term in office without some currency reform.
I fully expect him to use every tool in his “wheel house” to win – his recent moves in Anbar and the disputed territories prove as much. Currency reform has to be a “biggie”. Though this WAS their thinking a couple of months ago – there is no promise it is still part of their political calculus. We shall see.
4) Though no guarantee of the actual future plan they wind up engaging – this report points out an increase in value that would have taken the Dinar from “one-tenth of a cent” to a value “of slightly less than $1″..
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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 |