Dinar Daily NEWS Blog – June 13th

Posted on June 13, 2017 by BGG

Iraqi armed forces announce progress in Mosul campaign, say district north of old city captured

Iraqi forces on Tuesday reported progress in the U.S.-backed campaign to dislodge Islamic State from Mosul, announcing the capture of a district just north the city’s historic center.

With the loss of the Zanjili neighborhood, the enclave still held by Islamic State in the northern Iraqi city has shrunk to two districts along the western banks of the Tigris river – the densely populated Old City center and the Medical City.

Iraqi government forces retook eastern Mosul in January and began a new push on May 27 to capture the remaining enclave, where up to 200,000 people are trapped.

The Mosul offensive started in October with air and ground support from a U.S.-led international coalition. It has taken much longer than expected as Islamic State is fighting in the middle of civilians, slowing the advance of the assailants.

The fall of Mosul would, in effect, mark the end of the Iraqi half of the “caliphate” declared in 2014 over parts of Iraq and Syria by Islamic State leader Abu Bakr al-Baghdadi, in a speech from a historic mosque in the old city.

In Syria, Kurdish forces backed by U.S.-air strikes are besieging Islamic State forces in the city of Raqqa, the militants’ de facto capital in that country.

About 800,000 people, more than a third of the pre-war population of Mosul, have already fled, seeking refuge either with friends and relatives or in camps.

______________________________________________________________

Follow us on twitter @DinarUpdates !!

Dinar Updates – “Conference Call” w/BGG & Company Phone #641-715-3640 Pin# 528733!! June 15th – 7:30 pm CST – !!

www.DinarUpdates.com – save as favorite

______________________________________________________________

Citizens: Government banks circumvent lending regulations

Several citizens and employees in the government sector on Monday complained to banks that they were obliged to grant government loans to “circumvent” their rules and “obstruct” their granting, pointing out that there are many complications that prevent their dreams from obtaining a housing unit. While bankers stressed the lack of correct decision of the banking departments to merge employees and others in the category of “bank borrowing”. Meanwhile, the Parliamentary Finance Committee announced its intention to call the directors-general of the government banks to review the “shortcomings” in their performance, expressing their feeling of “embarrassment to citizens” due to the apparent confusion in the work of these banks.

“Banks are in charge of granting loans that clearly circumscribe the specific controls, obstruct them and present their interests to the public interest,” says Hossam Abbas. “The issue of borrowing is very slow and is faltering, although we hear daily updates on the terms of the banks. Announced through the media. ”

Abbas pointed out that “project loans offered by government banks, can make a quantum leap contribute to reduce the size of unemployment is very high in the country if it went right,” but that requires the deciphering puzzles and question marks that are currently plagued and hindered granting or Slow down, despite the approval of the Council of Ministers. ” He expressed surprise at “changing the instructions for the granting of financial loans several times over the past week,” wondering “when the parties settle on the final form of loans and begin to grant them to the eligible.”

For his part, an employee at the Ministry of Youth and Sports, Mustafa Adel, complained to Mada of “the complicated procedures and conditions that make it impossible for young people to obtain a government loan to realize their dream of buying a housing unit.” “The employee has several advantages, including salary and some large or medium potential, and the experience has proved,” said Majid Al-Souri, a banking expert. That some banks gave loans to senior state employees and in large amounts without a real payment. He promised that the government’s policy of granting loans to citizens “falls within the category of facilitating their affairs,” but added, “But the civil servant is crowding the non-employee on the matter.”

Rafidain Bank decided on March 19 to grant financial loans to support employees and citizens to buy residential units in investment projects that are completed by the National Investment Authority. The Rafidain Bank announced the amendment of the terms and conditions of granting loans announced by the bank last March. In turn, the Finance Committee of the House of Representatives described this continuous change in the terms and conditions of borrowing as “confusion and lack of clear vision” of the fiscal policy of the government banks.

“I really saw the performance of government bank managers, and many found their performance not good,” says Majida al-Tamimi, a member of the committee. “I see new instructions on loans and their terms. After two or three days, , And then show subsequent conditions, so the process of replacing the conditions in a daily manner indicates the process of confusion in the administrations of these banks and the lack of a clear vision to them, which led to confusion of citizens seeking to borrow bank. And on the seriousness of government banks, in lending to citizens or not, Tamimi considered that “it is not in the interest of the ordinary citizen, as much as in favor of those banks that seek to market advertising for themselves, through changing their instructions periodically,” indicating that “the Finance Committee Itself has become in an embarrassing situation for citizens seeking to borrow as a result of daily changes in the application forms for those banks.

“We noticed as a control body the existence of people who are granted loans outside the controls in the banks, which indicates the existence of a large administrative corruption in the work of its administration, according to the principle of nepotism and nepotism,” the Prime Minister to “address this issue in full” , Referring to “the financial committee to submit a lot of reports to the Integrity Commission on corruption in many government banks.”

Tamimi stressed that “the Finance Committee in the House of Representatives, will work after the month of Ramadan, to call the general managers of those banks, to know the extent of imbalance in their performance and what their plans in the management of banking,” stressing the importance of resolving this issue so that others will wake up when they find effective control On their work “. The Council of Ministers voted during its meeting on 30 May to lift the sponsor’s condition of granting loans exclusively for the Basmaya project and mortgage the housing units of the banks (Rafidain, Rashid and Commercial Bank).

The Rafidain Bank, on May 31 last, rejected the instructions issued by the Iraqi Council of Ministers on the cancellation of the sponsor of the complex loan procedures Basmaya.

On this subject, banking expert Majid Al-Souri commented that “there must be a separation between capital and banking management.” The bank is aware of the conditions it has set for the borrower, and if the cabinet promises to guarantee and provide guarantees to the banks, Guarantees and sponsors are through the Investment Authority through which the banks implement the decision.
“The right of government banks to reject the decision of the Council of Ministers, and in case of approval requires the government guarantee the rights of depositors in banks, to bear the subordination of the decision,” noting that “the failure of the borrower to a sponsor, the bank risk of not repay the amount borrowed , And here who is the guarantor?.

______________________________________________________________

‘Time not appropriate for holding Kurdistan referendum’ – UK ambassador

Time is not appropriate to hold Kurdistan Region’s referendum on independence, British ambassador to Iraq Frank Baker said on Tuesday, adding the decision to hold it has to be taken in collaboration with Iraq.

In a press statement, Baker noted that the British government’s position is clear as it supports any people’s right to self-determination, stressing that the Iraqi people have the same right.

The EU has stressed that the interests of the Iraqi people require that they remain in a unified Iraq, expressing reservations and caution about setting a date for the referendum on the independence of the Kurdistan region.

The Change (Gorran) Movement and Kurdistan Islamic Movement announced on Tuesday boycotting Kurdistan Region’s referendum on independence.

Kurdistan Regional Government has announced recently that it would vote on September 25 on whether to split from the rest of Iraq and form an independent nation.

______________________________________________________________

OPEC oil prices rise to half a dollar per barrel

Trend Press / Agencies The price of oil OPEC basket on Monday rose nearly half a dollar per barrel compared to its price last Friday.

“The OPEC cartel price reached 45:93 dollars a barrel compared to 45:48 dollars on Friday,” the OPEC Secretariat said Tuesday.

The OPEC basket is made up of desert mix (Algeria), Gerasol (Angola), Orient (Ecuador), Minas (Indonesia), Iran Heavy, Basra Light (Iraq) (Kuwait), Marban (United Arab Emirates) and Miri (Venezuela).

______________________________________________________________

Ports sign contract with Toyota for equipment processing

Minister of Transport Kazem Vajan Al-Yamami said on Monday that the General Company for Iraqi Ports has concluded a contract with Toyota Japan, which includes processing ground equipment, indicating that the Iraqi ports ranked first among the Iraqi companies that benefited from the Japanese loan projects.

“The signing of this contract comes within the second phase of the Japanese loan projects, where the company invested the first phase of the loan projects in the best way,” pointing out that “the Iraqi ports ranked first among the Iraqi companies that benefited from the Japanese loan projects, Its people to grant a second loan from the loan projects for the reconstruction of Iraqi ports for the second phase.

Includes Basra province, five commercial ports oldest port near the stronghold of the city center, and other ports is the port of Umm Qasr, which established in 1965, and the Ministry of Transport announced in 2010 split into the south and north of the two ports each with its own management, usually receives ships loaded materials imported for the account of the Ministry of Commerce, as witnessed in 1989, the completion of construction of the port of Khor Al-Zubair, which is the second generation ports project, and in 1976 was created Abu Flus port on the West Bank of the Shatt al-Arab within the district of Abu Fertile, while being slow implementation of preliminary projects for the construction of the port great FAO, which is expected to be about Accomplished one of the largest commercial ports in the region.

______________________________________________________________

BGG [kinda get the feeling that this is never gona happen and eventually they will go to the dollar.] With all the support and conversation with the IMF – WB – UN… that is not the posture they are preparing…everything they are (the above mentioned groups) projecting lately is the image of progress.

Read more: http://www.dinarupdates.com/observer/
______________________________________________________________

BGG (Dinar Guru) – Mosul is it… I have said all along…I would like to see what the news cycle looks like right after Mosul is done. I had some guy message me “why is Mosul taking so long“? They are dug in – they know they will die and have NOTHING TO LOSE…this may take just a bit..let’s all just take a breath and let this whole thing play out…and then… I also said – I want to get a feel for what the News Cycles look like after – for a week or two…this will be the tale of the tape. …sit back…and let them do their thing…and BTW – it’s not like they haven’t told us in so many ways – what they intend to do. They have – over and over and over and over.

______________________________________________________________

Air force launches airstrikes on ISIS positions in Salahuddin’s Mutaibajah

Heavy shelling has targeted ISIS positions in Mutaibajah district, located on the borderline between Diyala and Salahuddin Governorates, a local official revealed on Tuesday.

In a press statement, Odai al-Khadran, mayor of al-Khalis town, said that the Iraqi air force has targeted more than ten of ISIS positions,

Early indications point out that the shelling resulted in killing and injuring many of the group’s terrorists as well as destroying the group’s hideouts and explosives’ depots.

On Monday, two of the so-called ‘Cubs of the Caliphate, who are children recruited by the terror group of ISIS, were killed in Mutaibajah district.

In April, Iraqi security forces have uncovered secret ISIS documents in Mutaibajah after inflicting heavy casualties on the terrorist group in Diyala.

A military operation to liberate Mutaibajah, was launched in April.

______________________________________________________________

Ports signed a contract with Toyota for processing equipment

Baghdad / Range Minister of Transport Kazem Vajan Al-Yamami said on Monday that the General Company for Iraqi Ports has concluded a contract with Toyota Japan, which includes processing ground equipment, indicating that the Iraqi ports ranked first among the Iraqi companies that benefited from the Japanese loan projects.

Al-Hamami said in a statement that “the Iraqi Ports General Company has concluded a contract with the Japanese company Toyota, which includes ground equipment.” The contract was signed by the Iraqi ports director, Riyad Sawadi, and Toyota Kawashima.
“The signing of this contract comes within the second phase of the Japanese loan projects, where the company invested the first phase of the loan projects in the best way,” pointing out that “the Iraqi ports ranked first among the Iraqi companies that benefited from the Japanese loan projects, Its people to grant a second loan from the loan projects for the reconstruction of Iraqi ports for the second phase.

The province of Basra has five commercial ports, the oldest of which is the port of the stronghold near the city center, and the other ports is the port of Umm Qasr, which was established in 1965. In 2010, the Ministry of Transport announced its division into two southern and northern ports, each with its own management. And in 1976 the port of Abu Flus was built on the West Bank of Shatt al-Arab in Abu al-Khasib district, while preliminary projects for the construction of port great FAO, which is expected to be about Accomplished one of the largest commercial ports in the region.

______________________________________________________________

We hold these truths to be self-evident: that all men are created equal; that they are endowed by their Creator with certain unalienable rights; that among these are life, liberty, and the pursuit of happiness. – Thomas Jefferson

_____________________________________________________________

The Iraqi parliament welcomes the adoption of trade for the first time on two articles of supply from the local product

A member of the House of Representatives Hammam Hamoudi welcomed the adoption by the Ministry of Commerce on the local product in the provision of ration card items of “sugar and edible oil” for the first time since 2003, considering it an important step towards supporting the national product and stopping the external importer.

Hamoudi stressed the need to continue this step and expand it in order to contribute to the advancement of the processing of food “Iraqi” through the factories of the national stalled and the workers sincere and adapted to the needs of the citizen.

______________________________________________________________

Kaperoni (Dinar Guru) […is it better for Iraq to rebuild itself at the present rate or at a re- established rate?] …at this point and time, it does not matter what the exchange rate is regarding rebuilding…since the primary source of revenue is oil sales (95%) which is paid in dollars. And since the dinar is not globally convertible, Iraq pays for goods in dollars. So in that sense they are on the same playing field we are on in the US when we pay for goods. The real benefit comes when the CBI can begin to raise the value to offset inflationary pressure created by investors and investment along with meeting IMF Article VIII compliance. The result will eventually give the citizens a better life, greater purchasing power and most importantly the ability for the CBI to keep its dollars and pay in dinars.

______________________________________________________________

Cabinet votes to release salaries of Nineveh employees

[Asharq Al-Awsat] The Iraqi Council of Ministers voted during its weekly session on Tuesday to release the salaries of Nineveh province employees who have been found not to be linked to the organization.

A statement issued by the office of Prime Minister Haider al-Abbadi and told Ashqaf News that the vote on the release of salaries of employees of the province of Nineveh, who checked security by the security audit team of the Ministry of Interior or by the national security.

The Council also voted to approve the recommendation of the emergency meeting of the Civil Crisis Management Unit concerning the exclusion of the Ministry of Construction, Housing, Municipalities, Public Works and the Municipality of Baghdad in paragraph (3) of the Council of Ministers Resolution No. 329 of 2015, 2017 for purposes of water purification exclusively.

A position was also presented to prepare the employees who received their salaries in the liberated areas and to prepare those who did not receive their salaries with a statement of reasons.

The Council decided to form an operations room in the Ministry of Finance to resolve the problems that appear when the Ministry of Finance audit of payroll lists and continue its work after the official working hours until the completion of the task in the presence of directors of formations responsible for salaries from ministries whose salaries were delayed in Nineveh province.

The Council of Ministers instructed the Ministry of Health to complete the required numbers for grades (central appointments) and submit them to the Ministry of Finance and the Ministry of Finance to include the required allocations within the supplementary budget for 2017.

A vote was also made on the payment of dues to the truck drivers of the Ministry of Commerce, which contributes to support the security forces.

The vote on funding allocations of the Ministry of Education, and directing the Ministry of Finance to open documentary credit for the purchase of textbooks in the form of financial optimization and depending on the allocations approved by the Ministry.

The Council discussed the treatment of traffic jams in the province of Baghdad and was presented a study at the short, medium and long.

_____________________________________________________________

BGG (Dinar Guru) – “Our economy is space. Monetary policy is an example” The…article is a VERY HARD translation – BUT IMHO FILLED with DEAD GIVE-AWAYS! …for those pouting about not being rich yet – this is one more log on the FIRE! What it means is – they are doing things (up until now) this economist doesn’t understand and can’t explain. Quotes: “…we urgently need a new economic philosophy that leads to generating development And to expand the supply and demand for local production in all its variants, especially in an important aspect of monetary policy is dealing with the value of the development of the dinar or the liberation of the value of the dinar...” “The liberalization or floating of the currency is not strange or innovative in the money market, it is a tool of the monetary policy…” BOOOOM…That’s all I have to say. That is a DIRECT narrative on the state of the currency value in Iraq. This was published yesterday. Cannot be anymore direct.

Read more: http://www.dinarupdates.com/observer
______________________________________________________________

Ministry of Planning shows real funding and the establishment of 3 important projects in Diwaniyah

A document issued by the Ministry of Planning revealed the reality of funding and the ratios of completion of three projects in the province of Diwaniyah.

The document entitled to the office of MP Ghazwan Faisal al-Shabani, a reference to your book No. 10324 on 16-5-2017, we show you the fate of three important strategic projects in Diwaniyah, noting the inclusion in the budget of 2017, the road (Diwaniyah – Afak al-Badir up to To 52 km, and the establishment of the intersection of the bridge bridge, and the stadium of Sabla in Diwaniya with a capacity of 30 thousand spectators, with a four-star hotel 75 rooms).

According to the document, the project of constructing the second corridor of the Diwaniyah-Afak al-Budair road, with a length of 57 km, is included in the budget of 2017 and costed 52 billion dinars, with an annual allocation of 2 billion dinars. And the project was funded by 4 billion dinars distributed 8% of the total deducted from the total salaries and allowances for all employees of the state and the public sector and retirees, and we confirm that the Ministry has twice requested to strengthen the financing of the project above, which was the case.

“The construction project (the intersection of the Republic of the bridge / Diwaniyah), the project is included within the budget of 2017 to the Ministry of Municipalities and Public Works, at a cost of 56 billion and 160 million dinars, and an annual allocation of 150 million dinars, the percentage of material achievement was 23.19%.

Which the country is undergoing, the project has not been funded because the rate of completion is low.

The project of designing and constructing stadiums capacity of 30 thousand spectators in four provinces, namely Diyala and Dhi Qar, Salah al-Din and Diwaniyah, the project is included within the budget of 2017, the Ministry of Youth and Sports, at a cost of 520 billion dinars, and an annual allocation of 15500 million dinars, The project is currently postponed due to the lack of financial allocations and the project is not a priority for the first funding, it has not been funded with adequate allocation to achieve, as well as the establishment of a four-star hotel capacity 75 rooms and the cost of the hotel 114 billion and 450 million dinars. The Ministry is working hard with the Ministry of Youth and Sports Work on the project (research orbit) and find a mechanism to finance it.

______________________________________________________________

Kaperoni (Dinar Guru) – Artile: “Experts: float the currency needs to be a productive economy and not Rieia (rentier)” Quote: “…to float the currency now in Iraq can not talk about that simple, as needed to advance measures…it could be done if the transformation of the Iraqi economy from a yield to productive…” This is actually a really good article because they state very clearly that under the current conditions they cannot float the dinar…and only once the market economy begins can they do so. So we continue to wait for Iraq to set the stage for investment. Pass the needed laws, get the dinar in compliance with the IMF, etc. to move to Article VIII. Only then will we see the dinar float and rise based on market forces. I am hopeful that yet this year we can see that happen.

Read more: http://www.dinarupdates.com/observer
______________________________________________________________

BGG (Dinar Guru) – I am very excited about the current state of things. I am very excited about the next short time frame… I think we are in an incredible window of time right now…and I do feel – if things advance as they have been – we could be very, very close. Maybe not today or tomorrow, but legitimately CLOSE. Unlike ever before. (keep in mind – we have been close before – the CBI had planned on 2013? sometime and put it off). According to the SIGR Report. We are close. REAL CLOSE.

______________________________________________________________

BGG (Dinar Guru) – Article: “Iraq offers compensation settlement and Kuwaiti debt against investment” Quote: “…the meeting also discussed the file of compensation with the State of Kuwait and ways to settle through the window of investment inside Iraq.“. two separate items talked about – how to pay back Kuwait (not to be confused with) – their eagerness to settle investments inside Iraq? One of the big problems needing dealt with – is they have few mechanisms in place to safe guard investors. Why would the IMF care about Iraqi investors. They don’t – this is referring to OUTSIDE investors. Period. Really good news – entering final talks – it appears.

Read more: http://www.dinarupdates.com/observer/
______________________________________________________________

Kaperoni (Dinar Guru) – Article: “ATMs for MasterCard card users” …it is fun to watch all the pieces be put in place for the economy to take off. Iraq is literally going from the stone age to the 21st century with technology in a few years.

______________________________________________________________

Adam Montana (Dinar Guru) – [What will happen to the other major currencies when the CBI RV’s the IQD/USD exchange rate? The countries using the EUR, the GBP, the CHF, the JPY, and the CNY all have international corporations invested in Iraqi oil with contracts based on today’s exchange rates. How will a radical upward IQD/USD RV (which effectively decreases the value of the USD against the IQD) affect the EUR/USD and the GBP/USD and the CHF/USD and the JPY/USD and the CNY/USD exchange rates? Will these other major global currencies also be devalued and what in your opinion will that do to an already stressed global economy?] This is a great question, because it opens up the floor to discuss how an RV is really a zero-sum game, mostly because we are talking about a fiat currency. When the FED prints more USD, we don’t actually gain that money. It just dilutes the dollar a little bit more. IQD, and an RV of the currency, works the same way, just on a global scale. My opinion is that almost every other currency will take a slight hit, and then rebound once the IQD rate stabilizes, and within about a month all currencies will be back to normal… except the IQD will be dramatically different than it was a month prior.

______________________________________________________________

Click this link to join the DU “private” FaceBook Group…

https://www.facebook.com/groups/571383766355188/

(go here and ask to join… then add some Dinar Friends!!)

______________________________________________________________

Iraqi Dinar/Dollar auction 06-13-17 (most recent listing)

Currency Auctions Announcement No. 3464

This daily currency auction was held in the Central Bank of Iraq on the 06-13-2017

DETAILS	NOTES
Number of banks	36
Number of remittance companies	10
Amount sold at auction price (US$)	151,919,500
Amount purchased at Auction price (US$)	—–
Total offers for buying (US$)	151,919,500
Total offers for selling (US$)	—–

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

______________________________________________________________

CURRENCY	CODE	SELL	BUY
US dollar	USD	1184.000	1182.000
Euro	EUR	1328.566	1327.902
British pound	GBP	1502.555	1501.804
Canadian dollar	CAD	891.231	890.785
Swiss franc	CHF	1223.646	1223.034
Swedish krona	SEK	135.851	135.784
Norwegian krone	NOK	139.872	139.802
Danish krone	DKK	178.650	178.560
Japanese yen	JPY	10.744	10.739
Special Drawing Rights	SDR	1637.815	1636.996

Indicative rates – 06.13.2017

http://www.cbi.iq

If you found this blog, our website or chats helpful – Forward it to a friend!! We couldn’t do it without you!!

Thanks – BGG!!

www.DinarUpdates.com

Posted in Daily Dinar Updates | Tagged Dinar, Dinar Chat, dinar detectives, Dinar Guru, dinar gurus, Dinar Info, Dinar News, dinar recaps, dinar recaps blog, Dinar RV, dinar to usd, dinar updates, dinar value, dinar vets, IQD, Iraqi Dinar, Observer, Recaps, Revaluation, Updates, VND | Comments Off

Dinar Daily NEWS Blog – June 12th

Posted on June 12, 2017 by BGG

Abadi to the leaders of the crowd: the liberation of Hawija and Tal Afar after the restoration of Mosul

Baghdad Prime Minister Haider al-Abadi discussed with the leaders of the popular crowd the completion of the liberation of the city of Tal Afar, and securing the perimeter of the city to be entrusted with the intrusion into the security forces of the Ministries of Defense and Interior.

During a meeting that took about an hour, the Prime Minister discussed with leaders of the popular crowd the military plans for the forthcoming battles against the preaching organization.

On Saturday evening, Abadi met with formation leaders in the crowd on the third anniversary of his founding. He stressed the closure of the door, which entered the fades across the border after the liberation of most cities and provinces. Stressing the near liberation of Tal Afar and Hawija.

“The meeting took almost an hour to examine several files, including the victories that were achieved as well as the logistical preparations for the coming operations,” MP Ahmad al-Asadi, a spokesman for the crowd, told Al-Mada. “The meeting also focused on completing the liberation of border areas with Syria and To secure them. ”

“The details of the upcoming battle plans can not be addressed at the moment, which will determine the movement of the popular mobilization and its role in these battles,” he said.

“What concerns us now is securing the border with Syria, which extends 450 kilometers.”
During the past week, the crowd announced its arrival at the Iraqi-Syrian border after fighting with the Daash organization through which it was able to liberate the villages west of the Qahtaniya area and the northern district of Al-Baaj.

Meanwhile, Hasan al-Sari, the leader of the crowd, said in a statement to Al-Mada that “the meeting of Prime Minister Haider al-Abadi with the leaders of the popular crowd focused on several axes, including full preparations for the battles that will be conducted by the crowd in Mosul.”

Al-Sari explained that “the meeting witnessed the discussion of the entry of the popular mobilization forces in the battle of Tal Afar expected, which will be after the completion of the liberation of the old city from the control of the organizations directly advocating,” pointing out that “the role of the popular crowd in the battle of Tal Afar will be keeping the perimeter of the city and secure from the elements.

The leader of the popular crowd that “the entry of Tal Afar will be discussed in time and will be the final decision to the commander-in-chief of the armed forces.”

The district of Tal Afar is under the control of the Dahed organization, despite the announcement of the mobilization forces, on 19 November last, the elimination of the judiciary completely from Syria, after the liberation of 4400 km meters, south of Mosul
To Tal Afar.

“The prime minister told the leaders of the crowd to go to Hawija after completing the liberation of Nineveh province from the organizations of the preacher,” said the leader of the Islamic Supreme Council, Saraya al-Jihad, pointing out that “the important battle awaits us battle of Tal Afar.”

On 10 May, Abadi announced the imminent start of the restoration of Hawija district south of Kirkuk, but the operations have not yet started.

“The commander-in-chief of the armed forces assured the leaders of the popular crowd at this meeting that the door that entered from him three years ago will be closed soon,” Hassan al-Sari said, pointing out that “battles of liberation near the end and liberate all cities and provinces.”

“The Prime Minister’s directives to the popular mobilization forces were to hold and complete the liberation of the border with Syria,” said Rayyan Chaldeani, commander of the faction of Napoleon in the crowd, adding that “the meeting touched on plans for future battles to be launched soon.”

Chaldei said in a statement to Al-Mada yesterday that “the meeting dealt with the possibility of opening several fronts and axes and in different regions against organizations calling for the liberation of the rest of the city of Mosul and eliminate the preacher,” stressing that “the next step will see a sudden urging to resolve this battle in a faster Available time”.

______________________________________________________________

Follow us on twitter @DinarUpdates !!

Dinar Updates – “Conference Call” w/BGG & Company Phone #641-715-3640 Pin# 528733!! June 15th – 7:30 pm CST – !!

www.DinarUpdates.com – save as favorite

______________________________________________________________

Iraqi forces fully liberate ISIS-held al-Zanjili district in Mosul

Iraqi forces regained Zanjili district pushing deeper into the ISIS-held Old City in western Mosul, NRT reported on Saturday.

Shakir Jawdat, commander of the Iraqi Federal Police said in a statement that ISIS militants were ousted from Zanjili district and that Iraqi forces seized large cache of weapons and explosives.

The terrorist group is no longer in control of western Mosul except inside the Old City and parts of the al-Shifa neighborhood.

The advance is part of an operation which began two weeks ago to oust the militants from remaining pockets in Mosul and finish off the offensive to capture the city, now in its eighth month.

______________________________________________________________

Iraq’s PM Abadi and Barzani Discuss Situation in Iraq

Iraqi Prime Minister Haider Abadi and Kurdistan Region President Masoud Barzani discussed the latest political, security and economic situation in Iraq.

In a phone call on Saturday, Barzani and Abadi discussed the overall political, security and economic situation in the country, according to a statement by the Iraqi PM’s media office.

The two leaders also touched on the latest developments in the battle of Mosul and the victories achieved against the Islamic State (IS) extremist group. They commended the continued and high coordination between the Iraqi army and the Peshmerga forces in the operations to liberate the rest of the areas and eliminate the extremist organization.

The pair also emphasised on the importance of unifying the ranks and keeping away from all that affects the perpetuation of the momentum of the victories in the battle against terror while the forces are close to achieving the final victory over terrorism and restoring stability in the liberated areas.

______________________________________________________________

Iraqi forces take over 90% of western Mosul’s Zanjili, push closer to Old City

Iraqi Federal Police forces took are almost taking over Zanjili district in western Mosul, pushing closer to the Islamic State-held Old City, the service’s commander sid Friday.

Lt. Gen. Shaker Jawdat said his forces were controlling 90 percent of Zanjili district, and were advancing along 10 kilometers in neighboring al-Shifa. Both districts are the last two around the medieval Old City, IS’s last bastion in Mosul from where the group declared in 2014 the establishment of its rule in Iraq and Syria.

Jawdat said his forces had also evacuated tens of civilian families from both areas to safer zones under security control.

Iraqi government troops regained control over eastern Mosul in January after three months of fighting. Operations for the western side of the city launched in mid February, and Iraqi generals say a few hundreds of IS fighters remain in the Old City as a last refuge.

Iraqi forces began late April to advance towards the enclave from the northwest, having besieged it from the south for weeks to no avail.

At least 200.000 civilians are believed to remain in IS captivity in the Old City, and the United Nations said recently that IS systematically shot dead fleeing civilians, killing more than 200 since May 26th,

“Credible reports indicate that more than 231 civilians attempting to flee western Mosul have been killed since 26 May, including at least 204 over three days last week alone,” the U.N. human rights office said in a statement on Thursday.

______________________________________________________________

Prime Minister Dr. Haider Abadi: Iraqi media partner victories

Prime Minister Dr. Haidar al-Abadi said that the Iraqi media is a partner in the victories, and that his role is important in raising morale and breaking the will of the enemy.

This came during a speech delivered by the presence of a large number of journalists and heads of media institutions and political analysts, during which he reviewed the latest military, security and political developments.

He stressed that three years of victories are the result of the unity of the row and the priority of liberation over the side differences because we are facing a common existential threat that threatens all the components of our people, indicating that our heroic forces of the army, police and popular mobilization and Peshmerga has suffered a major defeat by the terrorist.

Dr. Abadi stressed the need for everyone to reach a firm conviction that the source of our strength is religious, national, religious and ideological diversity and we can not live in one color.

He called on everyone to cooperate in the coming period and block the way to return terrorism and extremism and fight corruption with all force, pointing out that community reconciliation must be achieved among the civilian population in order to reassure all citizens.

The media called for awareness in the defense of the state, saying: It is not a fault to defend our country, but it is a duty, and the right of the other to oppose and criticize without prejudice to the national constants and beliefs and the freedom of others, and must move to the stage of application and respect for law in the street and end armed manifestations and overcome Public money .

______________________________________________________________

Read more: http://www.dinarupdates.com/observer/
______________________________________________________________

______________________________________________________________

Masrour Barzani: June 7th Historic Day for Kurdistan

The Chancellor for Kurdistan Region Security Council (KRSC) Masrour Barzani stated on Wednesday that June 7, 2017 marks a historic day for the people of Kurdistan in which the date for running the independence referendum was determined.

“Today is a historic day for Kurdistan. The referendum date is set. On September 25, the people of Kurdistan will determine their future,” Barzani wrote on his Twitter account moments ago.

The decision was made today during a meeting of political parties in the Kurdistan Region, chaired by Kurdistan Region President, Masoud Barzani.

The participants to the meeting agreed on running the referendum on independence from Iraq in the Kurdistan Region and the disputed areas on September 25, 2017 and the general and presidential polls on November 6 this year.

______________________________________________________________

Private banks association denies the dismissal of its president from office

We denied the Association of Banks for the Iraqi, the news that talk about the dismissal of its president from office, calling media to stay away from the rumors and transfer news from the source of the main .

The Association of Banks own in a statement press received ” Economy News , ” a copy of it, it is not the health of the information that circulated by some media information on the dismissal of the President of the Association of Banks for the office ” , pointing to the president is still exercising his functions at the headquarters of the Association of Banks own central Baghdad and that change will be through elections.

She added that issuance of such information at the time the current goal of influencing the sector banking especially that the organizations international praised the work of the Association of Banks own during the period current calling media media to precision in the transfer of the news and stay away from targeting personal.

It showed that the Association contributed to the development sector, the banking and was able to train more than a thousand employees a government and particularly the latest means of modern used in banks specifically in the field of combating laundering money and financing of terrorism stressing that ” the Association held many of the conferences and became a gateway to connect banks Iraqi with its counterpart global

______________________________________________________________

We hold these truths to be self-evident: that all men are created equal; that they are endowed by their Creator with certain unalienable rights; that among these are life, liberty, and the pursuit of happiness. – Thomas Jefferson

_____________________________________________________________

The Council of Ministers holds its regular session chaired by Dr. Haider Abadi

The Cabinet held its regular session on Tuesday 6 June 2017 under the chairmanship of the Prime Minister Dr. Haider Abadi.

During the meeting, a vote was taken on the establishment of a factory for the production of cards and passports attached to the draft unified national card.

In addition, a number of decisions were taken on the health side, namely the completion of the Thalassemia building project at Ibn al-Baladi Hospital, in exception to Cabinet Resolution No. 347 of 2015 as one of the important strategic projects within the geographical area of Baghdad Health Department.

The council agreed to complete the 40-bed hospital project in Dujail.

The bill on HIV testing was voted on.

An amendment to the State Council Bill was also introduced.

A bill was also voted to change the name of the provinces of Qadisiyah and Tamim to the provinces of Diwaniya and Kirkuk.

The Cabinet discussed the requirements of the Ministry of Defense in addition to the supplementary budget for 2017 and the entitlements of contractors.

______________________________________________________________

The parliamentary economy supports the recent central bank measures to regulate the sale window of the currency

Economy News Baghdad: Announced A committee Economy Parliamentary, Tuesday, Support For procedures the bank Central Last Organized by Action Banks at Window Sale the currency Indicating that the Central Bank carried out the classification in cooperation with the IMF and the World Bank.

She said member A committee Economy Parliamentary elections Najeeba Najib For “the economy News ” , The ” classification the bank Central For banks Dakhla at Window Sale the currency a step Good very Its objective Reform Monetary ” , Shown That “the bank Central Take this is Measures In coordination With Experts Foreigners Specifically From the states United Nations The United States Plus to me Box Cash And the bank International “.

She added That ” evaluation the new Of the Bank Central rely On Seven Items The most prominent Standards Transparency And the wash Money Which gave to her Degree 50 From 100 Plus to me head the money And grant Loans ” , She said to me That ” some Banks Its goal Access at Window Sale the currency To achieve earnings On an account Economy Iraq Than I got On Degrees Low at Classification “.

She confirmed That ” banks Which I got On Centers Last on her that Corrected Status in order to Stay at Window Sale Currency ” , hostess That ” develop Sector The banker Will result to me has evolved Economy And therefore that the bank Central seem Reform From During Window Sale Currency “.

_____________________________________________________________

Read more: http://www.dinarupdates.com/observer
______________________________________________________________

The stock market is trading more than a trillion shares during the month of May

Economy News _ Baghdad: The Iraqi market for securities during the month of May more than a trillion shares, achieving an increase in the number of companies and transactions executed during the same month compared to last April.

“The market during the month of May last year was trading 22 sessions in the regular market and 11 sessions in the second market where the ISX60 index closed at the end of May 2017,” said Taha Ahmed Abdel Salam, the market’s executive director. At (591.44) points, down by (6.8%) compared to its value at the close of the month of April (634.98) points.

“The number of companies listed in the market during the month of May reached (101) companies with the number of listed shares (10.739) trillion shares, pointing out that the trading focused on the shares of” banking “and traded at the highest level in the Middle East Bank With the number of shares of 16.8 billion shares, where the closing price of JD (0.400) decreased by (23%) from the previous month’s closing of (0.520) dinars followed by the Bank of Babylon number of shares of 16 billion shares, down by the closing price of (0.330) %) From the previous month’s closing of (0.380) dinars.

He added that “Gulf Commercial Bank had traded the number of shares of 3 billion shares, the closing price of (0.370) dinars by (17%) from the previous month’s closing of (0.450) dinars, followed by Baghdad soft drinks company shares of 2.7 billion shares , Down by (1550%) from the previous month’s closing of (2.200) dinars, followed by Bank of Baghdad with the number of shares of 2.6 billion shares, also fell by the closing price of (0.740) dinars by 17% The previous month of (0.900) dinars, Sumer Bank and the number of shares of 1.5 billion shares, maintaining the closing price of (0.900) dinars on the same closure The former and Al-Mansour Bank traded 1.2 billion shares, the closing price of JD (0.850) dropped by (4%) from the previous month’s close of JD (0.890).

The ratio of the number of shares traded to the number of listed shares in the stock market during the month of May was as follows (the financial transfer sector 4.3%, the insurance sector 4.10%, the financial investment sector 2.28%, the industrial sector 1.15%, the services sector 1.02% Banking sector 0.63%).

“The indicators show that there was an increase in the number of companies traded compared to April last month by (4.6%), where the month of May 68 companies, while an increase in the number of transactions executed by (44.7%), but there was a decline in the The number of shares traded increased by (6%) to (75.745) billion shares in May, and a decrease in the value of shares traded by (20%), which reached (54.121) billion dinars in May, (48) companies out of (68) companies traded in the market. ”

______________________________________________________________

Read more: http://www.dinarupdates.com/observer
______________________________________________________________

______________________________________________________________

Read more: http://www.dinarupdates.com/observer/
______________________________________________________________

______________________________________________________________

Click this link to join the DU “private” FaceBook Group…

https://www.facebook.com/groups/571383766355188/

(go here and ask to join… then add some Dinar Friends!!)

______________________________________________________________

Iraqi Dinar/Dollar auction 06-8-17 (most recent listing)

Currency Auctions Announcement No. 3463

This daily currency auction was held in the Central Bank of Iraq on the 06-12-2017

DETAILS	NOTES
Number of banks	37
Number of remittance companies	10
Amount sold at auction price (US$)	153,146,292
Amount purchased at Auction price (US$)	—–
Total offers for buying (US$)	153,146,292
Total offers for selling (US$)	—–

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

______________________________________________________________

CURRENCY	CODE	SELL	BUY
US dollar	USD	1184.000	1182.000
Euro	EUR	1323.238	1322.577
British pound	GBP	1510.014	1509.259
Canadian dollar	CAD	880.101	879.661
Swiss franc	CHF	1218.358	1217.749
Swedish krona	SEK	135.556	135.488
Norwegian krone	NOK	138.969	138.899
Danish krone	DKK	177.906	177.817
Japanese yen	JPY	10.734	10.729
Special Drawing Rights	SDR	1636.442	1635.624

Indicative rates – 06.12.2017

http://www.cbi.iq

If you found this blog, our website or chats helpful – Forward it to a friend!! We couldn’t do it without you!!

Thanks – BGG!!

www.DinarUpdates.com

Dinar Daily NEWS Blog – June 11th

Posted on June 11, 2017 by BGG

Iraq PM Abadi hails anti-ISIS quick victory

Iraqi PM Haider Abadi said Sunday that none of the world leaders had dreamed such a quick victory against ISIS terror group, asserting that the banner of victory will soon be lifted.

A statement released by Abadi’s media office said, “Abadi met this morning with special forces and congratulated them on the victories they have achieved in many battles in the mountains of Makhoul, Tikrit, Falluja and others after uniting efforts with the army and the federal police and Counter-Terrorism forces”.

The statement quoted Abadi as saying that “Iraq has the capabilities and power unless it is owned by others, and that none of the leaders of the world was dreaming that victory would be achieved at such a rapid pace,” pointing out that “the dispersion led to the entry of a supporter and our unity led to victories and liberating the land”.

“We are determined to protect citizens, prosecute those involved in organized crimes,” he said.

The Iraqi army, backed by the US-led international coalition, started an offensive to liberate the second largest Iraqi city in October 2016.

The Iraqi army announced it was about to fully recapture Mosul.

Iran-allied IMIS militias participates in the operations. But it is involved in tortures, lootings and killings of civilians, particularly Sunnis.

______________________________________________________________

Follow us on twitter @DinarUpdates !!

Dinar Updates – “News Time” w/BGG & Company!! June 11th – 7:30 pm CST – In the DU Chat Room!!

www.DinarUpdates.com – save as favorite

______________________________________________________________

Iraqi forces fully liberate ISIS-held al-Zanjili district in Mosul

Iraqi forces regained Zanjili district pushing deeper into the ISIS-held Old City in western Mosul, NRT reported on Saturday.

Shakir Jawdat, commander of the Iraqi Federal Police said in a statement that ISIS militants were ousted from Zanjili district and that Iraqi forces seized large cache of weapons and explosives.

The terrorist group is no longer in control of western Mosul except inside the Old City and parts of the al-Shifa neighborhood.

The advance is part of an operation which began two weeks ago to oust the militants from remaining pockets in Mosul and finish off the offensive to capture the city, now in its eighth month.

______________________________________________________________

Iraq’s PM Abadi and Barzani Discuss Situation in Iraq

Iraqi Prime Minister Haider Abadi and Kurdistan Region President Masoud Barzani discussed the latest political, security and economic situation in Iraq.

In a phone call on Saturday, Barzani and Abadi discussed the overall political, security and economic situation in the country, according to a statement by the Iraqi PM’s media office.

______________________________________________________________

Iraqi forces take over 90% of western Mosul’s Zanjili, push closer to Old City

Iraqi Federal Police forces took are almost taking over Zanjili district in western Mosul, pushing closer to the Islamic State-held Old City, the service’s commander sid Friday.

Jawdat said his forces had also evacuated tens of civilian families from both areas to safer zones under security control.

Iraqi forces began late April to advance towards the enclave from the northwest, having besieged it from the south for weeks to no avail.

______________________________________________________________

Prime Minister Dr. Haider Abadi: Iraqi media partner victories

Prime Minister Dr. Haidar al-Abadi said that the Iraqi media is a partner in the victories, and that his role is important in raising morale and breaking the will of the enemy.

Dr. Abadi stressed the need for everyone to reach a firm conviction that the source of our strength is religious, national, religious and ideological diversity and we can not live in one color.

______________________________________________________________

Read more: http://www.dinarupdates.com/observer/
______________________________________________________________

______________________________________________________________

Masrour Barzani: June 7th Historic Day for Kurdistan

“Today is a historic day for Kurdistan. The referendum date is set. On September 25, the people of Kurdistan will determine their future,” Barzani wrote on his Twitter account moments ago.

The decision was made today during a meeting of political parties in the Kurdistan Region, chaired by Kurdistan Region President, Masoud Barzani.

______________________________________________________________

Private banks association denies the dismissal of its president from office

______________________________________________________________

We hold these truths to be self-evident: that all men are created equal; that they are endowed by their Creator with certain unalienable rights; that among these are life, liberty, and the pursuit of happiness. – Thomas Jefferson

_____________________________________________________________

The Council of Ministers holds its regular session chaired by Dr. Haider Abadi

The Cabinet held its regular session on Tuesday 6 June 2017 under the chairmanship of the Prime Minister Dr. Haider Abadi.

During the meeting, a vote was taken on the establishment of a factory for the production of cards and passports attached to the draft unified national card.

The council agreed to complete the 40-bed hospital project in Dujail.

The bill on HIV testing was voted on.

An amendment to the State Council Bill was also introduced.

A bill was also voted to change the name of the provinces of Qadisiyah and Tamim to the provinces of Diwaniya and Kirkuk.

The Cabinet discussed the requirements of the Ministry of Defense in addition to the supplementary budget for 2017 and the entitlements of contractors.

______________________________________________________________

The parliamentary economy supports the recent central bank measures to regulate the sale window of the currency

_____________________________________________________________

Read more: http://www.dinarupdates.com/observer
______________________________________________________________

The stock market is trading more than a trillion shares during the month of May

______________________________________________________________

Read more: http://www.dinarupdates.com/observer
______________________________________________________________

______________________________________________________________

Read more: http://www.dinarupdates.com/observer/
______________________________________________________________

______________________________________________________________

Click this link to join the DU “private” FaceBook Group…

https://www.facebook.com/groups/571383766355188/

(go here and ask to join… then add some Dinar Friends!!)

______________________________________________________________

Iraqi Dinar/Dollar auction 06-8-17 (most recent listing)

Currency Auctions Announcement No. 3461

This daily currency auction was held in the Central Bank of Iraq on the 06-08-2017

DETAILS	NOTES
Number of banks	31
Number of remittance companies	11
Amount sold at auction price (US$)	160,740,856
Amount purchased at Auction price (US$)	—–
Total offers for buying (US$)	160,740,856
Total offers for selling (US$)	—–

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

______________________________________________________________

CURRENCY	CODE	SELL	BUY
US dollar	USD	1184.000	1182.000
Euro	EUR	1328.093	1327.429
British pound	GBP	1527.360	1526.596
Canadian dollar	CAD	877.557	877.118
Swiss franc	CHF	1224.026	1223.414
Swedish krona	SEK	136.274	136.206
Norwegian krone	NOK	139.766	139.696
Danish krone	DKK	178.539	178.450
Japanese yen	JPY	10.813	10.807
Special Drawing Rights	SDR	1640.574	1639.754

Indicative rates – 06.8.2017

http://www.cbi.iq

If you found this blog, our website or chats helpful – Forward it to a friend!! We couldn’t do it without you!!

Thanks – BGG!!

www.DinarUpdates.com

Dinar Daily NEWS Blog – June 10th

Posted on June 10, 2017 by BGG

Security forces starts regaining Mosul’s Mahalabia area

Security forces launched on Saturday morning a military operation that aims to recapture Mahalabia area in eastern Tel Afar west of Mosul city in Nineveh governorate, Commander of Nineveh operations, Major General Najim Al-Jubouri said.

Iraq Army 15th Division 75th and 92nd brigade started the operation at 6 a.m. (local time) to regain the area from ISIS terrorist group.

Jubouri asserted that IMIS did not participate in the military operation.

On February 19th, the Iraqi Army launched a massive operation to retake Mosul city which has been under the control of the terrorist group since June 2014.

______________________________________________________________

Follow us on twitter @DinarUpdates !!

Dinar Updates – “News Time” w/BGG & Company!! June 11th – 7:30 pm CST – In the DU Chat Room!!

www.DinarUpdates.com – save as favorite

______________________________________________________________

Iraqi forces fully liberate ISIS-held al-Zanjili district in Mosul

Iraqi forces regained Zanjili district pushing deeper into the ISIS-held Old City in western Mosul, NRT reported on Saturday.

Shakir Jawdat, commander of the Iraqi Federal Police said in a statement that ISIS militants were ousted from Zanjili district and that Iraqi forces seized large cache of weapons and explosives.

The terrorist group is no longer in control of western Mosul except inside the Old City and parts of the al-Shifa neighborhood.

The advance is part of an operation which began two weeks ago to oust the militants from remaining pockets in Mosul and finish off the offensive to capture the city, now in its eighth month.

______________________________________________________________

Iraq’s PM Abadi and Barzani Discuss Situation in Iraq

Iraqi Prime Minister Haider Abadi and Kurdistan Region President Masoud Barzani discussed the latest political, security and economic situation in Iraq.

In a phone call on Saturday, Barzani and Abadi discussed the overall political, security and economic situation in the country, according to a statement by the Iraqi PM’s media office.

______________________________________________________________

Iraqi forces take over 90% of western Mosul’s Zanjili, push closer to Old City

Iraqi Federal Police forces took are almost taking over Zanjili district in western Mosul, pushing closer to the Islamic State-held Old City, the service’s commander sid Friday.

Jawdat said his forces had also evacuated tens of civilian families from both areas to safer zones under security control.

Iraqi forces began late April to advance towards the enclave from the northwest, having besieged it from the south for weeks to no avail.

______________________________________________________________

Prime Minister Dr. Haider Abadi: Iraqi media partner victories

Prime Minister Dr. Haidar al-Abadi said that the Iraqi media is a partner in the victories, and that his role is important in raising morale and breaking the will of the enemy.

Dr. Abadi stressed the need for everyone to reach a firm conviction that the source of our strength is religious, national, religious and ideological diversity and we can not live in one color.

______________________________________________________________

Read more: http://www.dinarupdates.com/observer/
______________________________________________________________

______________________________________________________________

Masrour Barzani: June 7th Historic Day for Kurdistan

“Today is a historic day for Kurdistan. The referendum date is set. On September 25, the people of Kurdistan will determine their future,” Barzani wrote on his Twitter account moments ago.

The decision was made today during a meeting of political parties in the Kurdistan Region, chaired by Kurdistan Region President, Masoud Barzani.

______________________________________________________________

Private banks association denies the dismissal of its president from office

______________________________________________________________

We hold these truths to be self-evident: that all men are created equal; that they are endowed by their Creator with certain unalienable rights; that among these are life, liberty, and the pursuit of happiness. – Thomas Jefferson

_____________________________________________________________

The Council of Ministers holds its regular session chaired by Dr. Haider Abadi

The Cabinet held its regular session on Tuesday 6 June 2017 under the chairmanship of the Prime Minister Dr. Haider Abadi.

During the meeting, a vote was taken on the establishment of a factory for the production of cards and passports attached to the draft unified national card.

The council agreed to complete the 40-bed hospital project in Dujail.

The bill on HIV testing was voted on.

An amendment to the State Council Bill was also introduced.

A bill was also voted to change the name of the provinces of Qadisiyah and Tamim to the provinces of Diwaniya and Kirkuk.

The Cabinet discussed the requirements of the Ministry of Defense in addition to the supplementary budget for 2017 and the entitlements of contractors.

______________________________________________________________

The parliamentary economy supports the recent central bank measures to regulate the sale window of the currency

_____________________________________________________________

Read more: http://www.dinarupdates.com/observer
______________________________________________________________

The stock market is trading more than a trillion shares during the month of May

______________________________________________________________

Read more: http://www.dinarupdates.com/observer
______________________________________________________________

______________________________________________________________

Read more: http://www.dinarupdates.com/observer/
______________________________________________________________

______________________________________________________________

Click this link to join the DU “private” FaceBook Group…

https://www.facebook.com/groups/571383766355188/

(go here and ask to join… then add some Dinar Friends!!)

______________________________________________________________

Iraqi Dinar/Dollar auction 06-8-17 (most recent listing)

Currency Auctions Announcement No. 3461

This daily currency auction was held in the Central Bank of Iraq on the 06-08-2017

DETAILS	NOTES
Number of banks	31
Number of remittance companies	11
Amount sold at auction price (US$)	160,740,856
Amount purchased at Auction price (US$)	—–
Total offers for buying (US$)	160,740,856
Total offers for selling (US$)	—–

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

______________________________________________________________

CURRENCY	CODE	SELL	BUY
US dollar	USD	1184.000	1182.000
Euro	EUR	1328.093	1327.429
British pound	GBP	1527.360	1526.596
Canadian dollar	CAD	877.557	877.118
Swiss franc	CHF	1224.026	1223.414
Swedish krona	SEK	136.274	136.206
Norwegian krone	NOK	139.766	139.696
Danish krone	DKK	178.539	178.450
Japanese yen	JPY	10.813	10.807
Special Drawing Rights	SDR	1640.574	1639.754

Indicative rates – 06.8.2017

http://www.cbi.iq

If you found this blog, our website or chats helpful – Forward it to a friend!! We couldn’t do it without you!!

Thanks – BGG!!

www.DinarUpdates.com

Posted in Daily Dinar Updates | Tagged Dinar, Dinar Chat, dinar detectives, Dinar Guru, dinar gurus, Dinar Info, Dinar News, dinar recaps, dinar recaps blog, Dinar RV, dinar to usd, dinar updates, dinar value, dinar vets, Iraqi Dinar, Observer, Recaps, Revaluation, Updates, VND | Comments Off

Dinar Daily NEWS Blog – June 9th

Posted on June 9, 2017 by BGG

Security forces arrive at Boursa crossroad near Mosul’s Old City

Security forces arrived on Friday at Boursa crossroad near medicine warehouses and Fardous company in Mosul, media reports said.

The forces are 600 meters away from the fifth bridge in the Old City district in the right bank of Mosul city in Nineveh governorate.

These efforts come as part of an offensive launched on 19th of February by the US-backed Iraqi forces, supported by Iranian-backed sectarian IMIS Shiite militias, to oust ISIS terrorists from Mosul, their last major stronghold in Iraq.

More detail will be provided soon.

______________________________________________________________

Follow us on twitter @DinarUpdates !!

Dinar Updates – “News Time” w/BGG & Company!! June 11th – 7:30 pm CST – In the DU Chat Room!!

www.DinarUpdates.com – save as favorite

______________________________________________________________

MacGork: We support holding the Iraqi elections on time

Brett McGurk, the US president’s envoy for international coalition affairs, called on the Iraqi government to place human rights on top of its priorities. While he spoke of the killing of 173 civilians by Dahesh in Mosul during the past few days, he revealed the efforts of the coalition to pressure the international community to prevent the flow of “terrorists” to Iraq.

He visited Baghdad, where he met with Speaker of the House of Representatives Salim al-Jubouri and National Coalition Chairman Ammar al-Hakim, and discussed with them international efforts to support Iraq in its war against Daqash.

The US envoy, in an interview with a number of local media at the headquarters of the US embassy, and his (the extent), “The ongoing fighting in Mosul in recent episodes,” stressing that “a supporter will not disappear from Iraq easily, but we work with Iraqi forces in a coordinated manner To pressure this organization to end its existence. ”
“The Da’ash organization has lost 55,000 kilometers of areas under its control, and we have a mission in the international community to prevent the flow of terrorists into Iraq,” McGourke said.

“We are working with Iraqi forces to rescue civilians trapped in Mosul, with our ongoing work to restore stability and to clear areas to return civilians to their areas,” he said.

On the political front, McGowork expressed “his country’s support for the elections in Iraq on schedule,” and stressed that he discussed with Prime Minister Haider Abadi, “the file of elections and liberations Mosul. ”

______________________________________________________________

Arab Petroleum Company raises the flag of Iraq

Economy News _ Baghdad: Oil Minister Jabbar Ali al-Allaibi said that the ministry will not have a losing company after the end of 2017 through the plans and programs developed by the ministry to develop the work of these companies, including the Iraqi oil tankers, which took place on Thursday, a partnership with the Arab Maritime Transport Company.

“The contract will work to develop and develop the work of the Iraqi tanker company, and the contract will return Iraq to the ranks of the leading countries in the field of maritime transport of oil and gas and other products,” Al-Allaibi said in a statement to the ministry.

“The contract comes within the series of measures taken by the ministry to promote national companies and develop them and raise them to the ranks of international companies in order to achieve the economic objectives.”

For his part, Commercial Director of the Arab Maritime Transport Company Yassin al-Sayyad said that “the cooperation with the Iraqi tanker company through the contract of participation that was signed today will meet the Iraqi marketing activities and will work to develop and qualify Iraqi cadres. In addition, Access to the oil market and the sale and transportation of oil and petroleum products and liquid gas and in the future there will be operations to transport crude oil. ”

For his part, Director General of the Iraqi oil tanker Hussein Allawi, said that “the contract will provide flexibility for Iraqi exports and will strengthen Iraq’s international status in the field of oil transport and we have plans to develop the work of the company through the purchase of two additional carriers, adding that Iraq currently has 4 carriers are providing International fuel tankers. ”

“According to the contract, the Arab company will raise the Iraqi flag on the tankers, which will return Iraq in the field of transporting sea oil and the international market,” he said.

For his part, Deputy Director General of the Legal Department Emad Alallak said that “the contract was signed after obtaining the approval of the Council of Ministers and the ratio of Iraq 22.5% of the contract without payment of any amounts, and that the contract met all legal requirements.”

For his part, the official spokesman of the ministry Assem Jihad that “the contract will secure the entry of Iraq once again to the field of marketing and maritime transport of oil and will open the field for the rehabilitation of Iraqi cadres where will be the development of the performance of 700 Iraqi students on meals at the rate of 100 students in each training session.

______________________________________________________________

Iraqi forces take over 90% of western Mosul’s Zanjili, push closer to Old City

Iraqi Federal Police forces took are almost taking over Zanjili district in western Mosul, pushing closer to the Islamic State-held Old City, the service’s commander sid Friday.

Jawdat said his forces had also evacuated tens of civilian families from both areas to safer zones under security control.

Iraqi forces began late April to advance towards the enclave from the northwest, having besieged it from the south for weeks to no avail.

______________________________________________________________

Prime Minister Dr. Haider Abadi: Iraqi media partner victories

Prime Minister Dr. Haidar al-Abadi said that the Iraqi media is a partner in the victories, and that his role is important in raising morale and breaking the will of the enemy.

Dr. Abadi stressed the need for everyone to reach a firm conviction that the source of our strength is religious, national, religious and ideological diversity and we can not live in one color.

______________________________________________________________

Read more: http://www.dinarupdates.com/observer/
______________________________________________________________

______________________________________________________________

Masrour Barzani: June 7th Historic Day for Kurdistan

“Today is a historic day for Kurdistan. The referendum date is set. On September 25, the people of Kurdistan will determine their future,” Barzani wrote on his Twitter account moments ago.

The decision was made today during a meeting of political parties in the Kurdistan Region, chaired by Kurdistan Region President, Masoud Barzani.

______________________________________________________________

Private banks association denies the dismissal of its president from office

______________________________________________________________

We hold these truths to be self-evident: that all men are created equal; that they are endowed by their Creator with certain unalienable rights; that among these are life, liberty, and the pursuit of happiness. – Thomas Jefferson

_____________________________________________________________

The Council of Ministers holds its regular session chaired by Dr. Haider Abadi

The Cabinet held its regular session on Tuesday 6 June 2017 under the chairmanship of the Prime Minister Dr. Haider Abadi.

During the meeting, a vote was taken on the establishment of a factory for the production of cards and passports attached to the draft unified national card.

The council agreed to complete the 40-bed hospital project in Dujail.

The bill on HIV testing was voted on.

An amendment to the State Council Bill was also introduced.

A bill was also voted to change the name of the provinces of Qadisiyah and Tamim to the provinces of Diwaniya and Kirkuk.

The Cabinet discussed the requirements of the Ministry of Defense in addition to the supplementary budget for 2017 and the entitlements of contractors.

______________________________________________________________

The parliamentary economy supports the recent central bank measures to regulate the sale window of the currency

_____________________________________________________________

Read more: http://www.dinarupdates.com/observer
______________________________________________________________

The stock market is trading more than a trillion shares during the month of May

______________________________________________________________

Read more: http://www.dinarupdates.com/observer
______________________________________________________________

______________________________________________________________

Read more: http://www.dinarupdates.com/observer/
______________________________________________________________

______________________________________________________________

Click this link to join the DU “private” FaceBook Group…

https://www.facebook.com/groups/571383766355188/

(go here and ask to join… then add some Dinar Friends!!)

______________________________________________________________

Iraqi Dinar/Dollar auction 06-8-17 (most recent listing)

Currency Auctions Announcement No. 3461

This daily currency auction was held in the Central Bank of Iraq on the 06-08-2017

DETAILS	NOTES
Number of banks	31
Number of remittance companies	11
Amount sold at auction price (US$)	160,740,856
Amount purchased at Auction price (US$)	—–
Total offers for buying (US$)	160,740,856
Total offers for selling (US$)	—–

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

______________________________________________________________

CURRENCY	CODE	SELL	BUY
US dollar	USD	1184.000	1182.000
Euro	EUR	1328.093	1327.429
British pound	GBP	1527.360	1526.596
Canadian dollar	CAD	877.557	877.118
Swiss franc	CHF	1224.026	1223.414
Swedish krona	SEK	136.274	136.206
Norwegian krone	NOK	139.766	139.696
Danish krone	DKK	178.539	178.450
Japanese yen	JPY	10.813	10.807
Special Drawing Rights	SDR	1640.574	1639.754

Indicative rates – 06.8.2017

http://www.cbi.iq

If you found this blog, our website or chats helpful – Forward it to a friend!! We couldn’t do it without you!!

Thanks – BGG!!

www.DinarUpdates.com

Dinar Daily NEWS Blog – June 8th

Posted on June 8, 2017 by BGG

CBI has Signed MOU with the Palestinian Monetary Authority

The Governor of Iraqi Central Bank Ali Mohsin issued a statement after signing a memorandum of understanding between Iraq and Palestine at the Iraqi embassy in the Jordanian capital Amman.

The Governor of Iraqi Central Bank Ali Mohsin and the Governor of the Palestinian Monetary Authority Azzam Shawa have agreed on the joint cooperation between both sides in order to support the financial work and development in banking sector in both countries.

The Central Bank of Iraq informed in a statement that the memorandum of understanding has been signed in order to enhance the relationship between Palestine and Iraq for a much better control in the banking and financial institutions.

Read more: http://www.dinarupdates.com/showthread.php?50043-CBI-has-Signed-MOU-with-the-Palestinian-Monetary-Authority
______________________________________________________________

Follow us on twitter @DinarUpdates !!

Dinar Updates – “News Time” w/MadDScout & Facebook Crew!! June 8th – 6:30 pm CST – In the DU Chat Room!!

www.DinarUpdates.com – save as favorite

______________________________________________________________

Barzani hails Kurdistan referendum, plans for good ties with Baghdad

Kurdistan Region President Massoud Barzani has described Wednesday’s meeting with political parties that specified September for the region’s referendum on independence as a historic achievement for the people of Kurdistan.

In a handwritten letter posted on Barzani’s official Facebook page, he said, “The meeting on 7-6-2017 was historic, important and valuable for the people of Kurdistan and the sacrifices of the martyrs”.

“It was great pride for all parties that participated in the meeting and issued a historic decision so that the people of Kurdistan can make the world hear their voices through the referendum,” Barzani said.

He added “We want to have the best relations with Baghdad and neighboring countries”.

“Thanks to God and the Peshmerga and the free masses in Kurdistan and thanks to the parties that have expressed a national and historic position through their sense of responsibility,” he said, hoping the step will become a reason for national unity and harmony among the political parties.

Read more: http://www.dinarupdates.com/showthread.php?50022-Barzani-hails-Kurdistan-referendum-plans-for-good-ties-with-Baghdad
______________________________________________________________

العبادي يوعد محافظ بغداد بتنفيذ المشاريع الضاغطة وصرف الموازنة

Abadi promised Baghdad governor to implement pressing projects and disbursement of budget

Governor of Baghdad Atwan Atwani on Tuesday that Prime Minister Haider al – Abadi promised the Baghdad government to approve the implementation of pressing projects and speed up regardless of the budget.

A statement by the Office of Atwani received by all of Iraq [where] a copy of it today, that the governor of Baghdad , discussed with Abadi , the most important issues related to the rate of capital and increase financial allocations and speed up the approval of the implementation of the most pressing projects.

And he stressed that ” the prime minister had promised to approve all of what has been put forward to improve the urban reality service and in the capital and the implementation of important projects and pressing in the regions of the parties especially the major sewer and water projects in the most important districts of the province and the delivery of services to its residents.

“It was presented to explain the overall constraints and problems facing the development and construction and service operation in the capital noting that the most prominent of those problems consisted not of financial disciplines exchange to balance this year and the decline in service level significantly in most areas of the capital.

He pointed out that the prime minister called for the allocation of funds for the implementation of the stalled projects reached proportions completed more than 80% as well as increasing financial allocations to the capital of the fact that this year’s budget is insufficient to meet the shortage of projects in addition to the development of regional contracts for staff salaries exchange and finding administrative formula to solve their problem which is done through the allocation of their own project ensures the continuation of their salaries or find a job grades to be appointed. ”

He called regardless of the financial budget for the current year to direct the implementation of the local Baghdad government which contains comprehensive projects to all districts of the province plan pointing to the presence of stressful projects need to spend money as soon as including sewer and water Husseiniya NAHRAWAN and clothing Mahmudiya hand bridge and other in the district projects projects Abu Ghraib and Tarmiya and cities

Read more: http://www.dinarupdates.com/showthread.php?49950-US-backed-offensive-to-retake-Raqqa-Syria-from-ISIS-begins
______________________________________________________________

Iraqi gov’t has to make human rights issue ‘top priority’ – US envoy

US Special Presidential Envoy for the International Coalition to Counter ISIS Brett McGurk urged on Thursday the Iraqi government to make human rights issue a top priority.

As he spoke to the media, McGurk said that the coalition will work with the Iraqi security forces to rescue besieged civilians in Mosul city as well as restoring stability to the city and returning residents to their districts.

Ongoing fighting in Mosul is in its final stages, he noted, adding that ISIS will not be expelled from Iraq easily.

He stated, however, that the US-led coalition coordinated with the Iraqi forces to put pressure on the terrorist group and put an end to it.

ISIS lost 55,000 square kilometers of districts that were under its control, he said, adding that the international community’s duty is to stop terrorists’ inflow to Iraq.

Iraqi forces have been battling to liberate western Mosul from the hands of the extremist group, as part of an overall offensive in the northern city which began last October.

It is estimated that there are a few of ISIS terrorists left in Mosul, the second largest city of Iraq. It is expected that they will desperately defend the last pocket of the city that has been once their main stronghold in Iraq.

______________________________________________________________

Prime Minister Dr. Haider Abadi: Iraqi media partner victories

Prime Minister Dr. Haidar al-Abadi said that the Iraqi media is a partner in the victories, and that his role is important in raising morale and breaking the will of the enemy.

Dr. Abadi stressed the need for everyone to reach a firm conviction that the source of our strength is religious, national, religious and ideological diversity and we can not live in one color.

______________________________________________________________

Read more: http://www.dinarupdates.com/observer/
______________________________________________________________

______________________________________________________________

Masrour Barzani: June 7th Historic Day for Kurdistan

“Today is a historic day for Kurdistan. The referendum date is set. On September 25, the people of Kurdistan will determine their future,” Barzani wrote on his Twitter account moments ago.

The decision was made today during a meeting of political parties in the Kurdistan Region, chaired by Kurdistan Region President, Masoud Barzani.

______________________________________________________________

Private banks association denies the dismissal of its president from office

______________________________________________________________

We hold these truths to be self-evident: that all men are created equal; that they are endowed by their Creator with certain unalienable rights; that among these are life, liberty, and the pursuit of happiness. – Thomas Jefferson

_____________________________________________________________

The Council of Ministers holds its regular session chaired by Dr. Haider Abadi

The Cabinet held its regular session on Tuesday 6 June 2017 under the chairmanship of the Prime Minister Dr. Haider Abadi.

During the meeting, a vote was taken on the establishment of a factory for the production of cards and passports attached to the draft unified national card.

The council agreed to complete the 40-bed hospital project in Dujail.

The bill on HIV testing was voted on.

An amendment to the State Council Bill was also introduced.

A bill was also voted to change the name of the provinces of Qadisiyah and Tamim to the provinces of Diwaniya and Kirkuk.

The Cabinet discussed the requirements of the Ministry of Defense in addition to the supplementary budget for 2017 and the entitlements of contractors.

______________________________________________________________

The parliamentary economy supports the recent central bank measures to regulate the sale window of the currency

_____________________________________________________________

Read more: http://www.dinarupdates.com/observer
______________________________________________________________

The stock market is trading more than a trillion shares during the month of May

______________________________________________________________

Read more: http://www.dinarupdates.com/observer
______________________________________________________________

______________________________________________________________

Read more: http://www.dinarupdates.com/observer/
______________________________________________________________

______________________________________________________________

Click this link to join the DU “private” FaceBook Group…

https://www.facebook.com/groups/571383766355188/

(go here and ask to join… then add some Dinar Friends!!)

______________________________________________________________

Iraqi Dinar/Dollar auction 06-7-17 (most recent listing)

Currency Auctions Announcement No. 3460

This daily currency auction was held in the Central Bank of Iraq on the 06-07-2017

DETAILS	NOTES
Number of banks	35
Number of remittance companies	10
Amount sold at auction price (US$)	152,560,881
Amount purchased at Auction price (US$)	—–
Total offers for buying (US$)	152,560,881
Total offers for selling (US$)	—–

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

______________________________________________________________

CURRENCY	CODE	SELL	BUY
US dollar	USD	1184.000	1182.000
Euro	EUR	1332.947	1332.281
British pound	GBP	1528.130	1527.366
Canadian dollar	CAD	879.578	879.138
Swiss franc	CHF	1227.197	1226.584
Swedish krona	SEK	136.683	136.614
Norwegian krone	NOK	140.077	140.007
Danish krone	DKK	179.198	179.109
Japanese yen	JPY	10.776	10.771
Special Drawing Rights	SDR	1642.883	1642.061

Indicative rates – 06.7.2017

http://www.cbi.iq

If you found this blog, our website or chats helpful – Forward it to a friend!! We couldn’t do it without you!!

Thanks – BGG!!

www.DinarUpdates.com

Dinar Daily NEWS Blog – June 7th

Posted on June 7, 2017 by BGG

US-backed offensive to retake Raqqa, Syria, from ISIS begins

U.S.-backed Syrian Kurdish and Arab rebel forces have begun the long-awaited offensive to retake Raqqa from ISIS, according to a statement from the anti-ISIS coalition.

Raqqa is considered to be ISIS’ self-declared capital in Syria and a major planning center for the group’s overseas terrorist operations.

“The Syrian Democratic Forces and their Syrian Arab Coalition partners launched the offensive to unseat ISIS from its so-called ‘capital’ of Raqqah in northern Syria, June 6,” according to a statement from Operation Inherent Resolve, the name for the U.S.-led anti-ISIS coalition.

US launches strike on Syria air base after chemical weapons attack
Trump gives Pentagon authority to set troop levels in Syria and Iraq

The Syrian Democratic Forces is the name for an umbrella organization of more than 55,000 Syrian Kurdish and Arab U.S.-backed rebel groups fighting ISIS in northern Syria.

“The SAC and SDF began marching on Raqqah in November and have been rapidly tightening the noose around the city since their daring air assault behind enemy lines in Coalition aircraft in March to begin the seizure of Tabqah,” the statement added.

“The multi-ethnic SDF is the Coalition’s local ground force partner in the fight against ISIS in northern Syria and they have proven themselves in Manbij, Tabqah and countless other towns and villages across northwest Syria over the past two years,” the coalition statement said.

SDF forces moving in from the east have already retaken about 4 square miles on the outskirts of the city, according to Capt. Jeff Davis, a Pentagon spokesman. With all approaches to the city surrounded, Davis said, the only way for ISIS fighters to flee would be by raft down the Euphrates River that borders the city’s southern edges.

There are about 900 U.S. troops inside Syria advising and assisting the Syrian Democratic Forces in the fight against ISIS. Davis said that hundreds of these personnel would advise and assist the offensive on Raqqa.

In addition to coalition airstrikes, the SDF forces will also receive support for their ground offensive from a U.S. Marine artillery unit and U.S. Army Apache attack helicopters.

Last week SDF forces received the first shipments of U.S. small arms, ammunition and vehicles to be used for an offensive on Raqqa, a move that has been opposed by Turkey, which sees the Kurdish group as an extension of a Turkish terrorist group known as the PKK.

In advance of the offensive, ISIS leaders have fled the city, as has the group’s administrative bureaucracy and media operation. Davis estimated that “hundreds” of ISIS fighters remain in the city.

Lt. Gen. Steve Townsend, the commander of Operation Inherent Resolve, predicted in the coalition statement that the fight for Raqqa “will be long and difficult” but that it would deal a decisive blow to ISIS.

“It’s hard to convince new recruits that ISIS is a winning cause when they just lost their twin ‘capitals’ in both Iraq and Syria,” Townsend said in a reference to the ongoing battle to retake Mosul in Iraq from ISIS.

“We all saw the heinous attack in Manchester, England. ISIS threatens all of our nations, not just Iraq and Syria, but in our own homelands as well. This cannot stand.””The SDF have encouraged civilians to depart Raqqah so that they do not become trapped, used as human shields or become targets for ISIS snipers,” the statement said.
The request is the opposite of what occurred prior to the Iraqi military offensive on Mosul where civilians were asked to remain in place, a move that was later criticized as ISIS used civilians as human shields to prevent coalition airstrikes.

Read more: http://www.dinarupdates.com/showthread.php?49950-US-backed-offensive-to-retake-Raqqa-Syria-from-ISIS-begins
______________________________________________________________

Follow us on twitter @DinarUpdates !!

Dinar Updates – “News Time” w/MadDScout & Facebook Crew!! June 8th – 6:30 pm CST – In the DU Chat Room!!

www.DinarUpdates.com – save as favorite

______________________________________________________________

Prime Minister Dr. Haider Abadi: Iraqi media partner victories

Prime Minister Dr. Haidar al-Abadi said that the Iraqi media is a partner in the victories, and that his role is important in raising morale and breaking the will of the enemy.

Dr. Abadi stressed the need for everyone to reach a firm conviction that the source of our strength is religious, national, religious and ideological diversity and we can not live in one color.

______________________________________________________________

Read more: https://www.dinarupdates.com/blog/

______________________________________________________________

Abadi promised Baghdad governor to implement pressing projects and disbursement of budget

Read more: http://www.dinarupdates.com/showthread.php?49998-Abadi-promised-Baghdad-governor-to-implement-pressing-projects-and-disbursement-of-b
______________________________________________________________

______________________________________________________________

Prime Minister Dr. Haider Al-Abadi heads a meeting of the ministerial energy committee

Prime Minister Dr. Haider al-Abadi on Wednesday chaired a meeting of the ministerial energy committee.

The meeting discussed the topics on the agenda. The memo was sent to the German company Siemens on economic cooperation and investment.

The committee approved the contract with the General Company for Electrical and Electronic Industries for the processing of fixed and independent stations. The Committee also agreed to settle the arrears of the Basrah Gas Company and finance 250 billion dinars.

A number of other decisions on the supply of electric power have been approved.

______________________________________________________________

Private banks association denies the dismissal of its president from office

______________________________________________________________

We hold these truths to be self-evident: that all men are created equal; that they are endowed by their Creator with certain unalienable rights; that among these are life, liberty, and the pursuit of happiness. – Thomas Jefferson

_____________________________________________________________

The Council of Ministers holds its regular session chaired by Dr. Haider Abadi

The Cabinet held its regular session on Tuesday 6 June 2017 under the chairmanship of the Prime Minister Dr. Haider Abadi.

During the meeting, a vote was taken on the establishment of a factory for the production of cards and passports attached to the draft unified national card.

The council agreed to complete the 40-bed hospital project in Dujail.

The bill on HIV testing was voted on.

An amendment to the State Council Bill was also introduced.

A bill was also voted to change the name of the provinces of Qadisiyah and Tamim to the provinces of Diwaniya and Kirkuk.

The Cabinet discussed the requirements of the Ministry of Defense in addition to the supplementary budget for 2017 and the entitlements of contractors.

______________________________________________________________

Ready to operate the “Iron and Steel” factory in Basra

Basra – Journal News The director of the iron and steel factory in the province of Basra, Abbas, said on Tuesday that his city will witness the end of next year, the creation of all the equipment for the operation of the iron and steel mill and melting of the scorpions, which was one of the largest factories in the Middle East.

“The decision of the Council of Ministers No. 25 of 2017, directed the operation of the iron and steel mill and rolling mill, with a capacity of 500 thousand tons per year,” he said in a statement to the Journal News.

He added: “The General Company of Iron and Steel is waiting to receive plans from one of the companies that will qualify the plant and prepare the foundations for receiving new equipment,” noting that “things are going smoothly and well on the right track to restore life to the plant.”

Director of the plant, also pointed out that the end of next year will see the operation of his company for the smelting sector and the production capacity of up to 500 thousand tons per year.

The General Company for Iron and Steel was established in cooperation with a French company established in the early 1970s. Its factories were completely shut down from production due to the consumption of their equipment after the events of April 2003. Before that, the factory was bombed by US forces in the 1990s.

______________________________________________________________

The parliamentary economy supports the recent central bank measures to regulate the sale window of the currency

_____________________________________________________________

Read more: http://www.dinarupdates.com/observer
______________________________________________________________

The stock market is trading more than a trillion shares during the month of May

______________________________________________________________

Read more: http://www.dinarupdates.com/observer
______________________________________________________________

______________________________________________________________

Read more: http://www.dinarupdates.com/observer/
______________________________________________________________

______________________________________________________________

Click this link to join the DU “private” FaceBook Group…

https://www.facebook.com/groups/571383766355188/

(go here and ask to join… then add some Dinar Friends!!)

______________________________________________________________

Iraqi Dinar/Dollar auction 06-7-17 (most recent listing)

Currency Auctions Announcement No. 3460

This daily currency auction was held in the Central Bank of Iraq on the 06-07-2017

DETAILS	NOTES
Number of banks	35
Number of remittance companies	10
Amount sold at auction price (US$)	152,560,881
Amount purchased at Auction price (US$)	—–
Total offers for buying (US$)	152,560,881
Total offers for selling (US$)	—–

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

______________________________________________________________

CURRENCY	CODE	SELL	BUY
US dollar	USD	1184.000	1182.000
Euro	EUR	1332.947	1332.281
British pound	GBP	1528.130	1527.366
Canadian dollar	CAD	879.578	879.138
Swiss franc	CHF	1227.197	1226.584
Swedish krona	SEK	136.683	136.614
Norwegian krone	NOK	140.077	140.007
Danish krone	DKK	179.198	179.109
Japanese yen	JPY	10.776	10.771
Special Drawing Rights	SDR	1642.883	1642.061

Indicative rates – 06.7.2017

http://www.cbi.iq

If you found this blog, our website or chats helpful – Forward it to a friend!! We couldn’t do it without you!!

Thanks – BGG!!

www.DinarUpdates.com

Posted in Daily Dinar Updates | Tagged Dinar, Dinar Chat, dinar detectives, Dinar Guru, dinar gurus, Dinar Info, Dinar News, dinar recaps, dinar recaps blog, Dinar RV, dinar to usd, dinar value, dinar vets, IQD, Iraqi Dinar, Observer, Recaps, Revaluation, Updates, VND | Comments Off

Dinar Daily NEWS Blog – June 6th

Posted on June 6, 2017 by BGG

Over 500 IDPs Arrive at Peshmerga Frontline near Mosul Dam

ERBIL — Fearing intensified military clashes, hundreds of civilians on Tuesday escaped their homes in the suburb of Tel Afar, seeking refuge in the areas under the control of the Kurdish Peshmerga forces.

The new wave of displacement comes from several villages in north of Tel Afar, some 63 kilometres west of Mosul, said Peshmerga commander Haji Khidr.The Kurdish forces in Mosul Dam frontline have so far taken over 500 new IDPs, including a large number of women and children.

“Following the new military operations by the [Shi’ite militias] of Hashd al-Shaabi in Sinjar region, civilians fear the imminent war in their areas, therefore, they escape,” Khidr said.With the Hashd al-Shaabi operations continuing around Tel Afar and Sinjar, Khidr says more civilians are expected to be displaced in the upcoming weeks.

Read more: http://www.dinarupdates.com/showthread.php?4\9947-Over-500-IDPs-Arrive-at-Peshmerga-Frontline-near-Mosul-Dam
______________________________________________________________

Mobilization forces recapture 9 villages clearing borders with Syria

Iraqi paramilitary forces fighting the Islamic State have recaptured nine more villages, proceeding with a campaign to impose control over the Iraqi borders with Syria.

Badr Organization, a part of the mainly-Shia Popular Mobilization Units, said Monday it had taken over nine villages northwest of Baaj, with dozens of militants fleeing to Syrian border cities.

“Forces are proceeding towards the liberation of what is left of Iraqi-Syrian borders towards al-Waleed border corssing,” the statement said, pointing to a crossing in Anbar province, south of Nineveh, which is also close to the borders with Jordan.

Operations on Monday left more than 45 Is members dead, including suicide bombers boarding booby-trapped cars, Badr Organization added.

On Sunday, PMU media said mobilization forces recaptured the entire Baaj region and proceeded to take over surrounding villages near the Syrian borders. Operations targeting border regions near Syria launched in May 12th.

The campaign has been running simultaneously with government troops battles with IS in Mosul, the group’s largest stronghold in Iraq where the group is nearing eventual defeat.

On Sunday, Abu Mahdi Al-Mohandes, deputy commander of the Popular Mobilization Units, said “mobilization forces will go after terrorism outside Iraq if it threatens Iraq’s soil and national security”. His remarks revive a controversy around whether the Shia-led, Iran-trained force could pass the Syrian borders to give leverage to Syrian President Bashar al-Assad’s forces against IS and other and rebel groups. A mobilization forces spokesperson said last week that the troops would not take the step unless with an Iraqi parliament green light. U.S.-backed Kurdish Syrian forces fighting the Islamic State had warned the organization against crossing the borders.

Read more: http://www.dinarupdates.com/showthread.php?49919-Mobilization-forces-recapture-9-villages-clearing-borders-with-Syria
______________________________________________________________

Follow us on twitter @DinarUpdates !!

Dinar Updates – “News Time” w/MadDScout & Facebook Crew!! June 8th – 6:30 pm CST – In the DU Chat Room!!

www.DinarUpdates.com – save as favorite

______________________________________________________________

Peshmerga’s Bravery Has Echoed Around the World: Australian Vice Consul

The Chancellor for Kurdistan Region Security Council (KRSC) Masrour Barzani and Australian Vice Consul Tim Stapleton on Monday discussed the latest developments in the battle against the Islamic State (IS) as well as bilateral relations.

During his meeting with Barzani, Stapleton extended his country’s gratitude to the sacrifices that Kurdistan Peshmerga forces have made in suppressing the Islamic jihadists.

“The bravery of Peshmerga has echoed all around the world and in talks over defeating IS, the role of Peshmerga should not be overlooked,” Australian Vice Consul stated.
The officials also exchanged views over Australian government’s participation in the coalition against IS and Barzani thanked Australia for his support to Peshmerga.

Barzani and the Australian diplomat also stressed that the issues in the region and Iraq should be resolved in a manner to guarantee the rights of all components so that the resulting peace and stability does not leave any room for extremism to grow.

Read more: http://www.dinarupdates.com/showthread.php?49904-Peshmerga-s-Bravery-Has-Echoed-Around-the-World-Australian-Vice-Consul
______________________________________________________________

______________________________________________________________

Ministry of Finance confirms the continuation of appointments in the State Departments within the budget of 2017

The Ministry of Finance, on Tuesday, the continuation of appointments in the departments of the state, which has the degrees of employment or allocated within the budget in 2017, noting the existence of “flexibility” in the budget.

“The federal budget for the year 2017 did not refer to the suspension of grades, because the country is moving towards variables, and there are retired employees and others are replacing, in addition to the cases of death and leave, so it is necessary to appoint Renew and replace them. ”

“There are institutions that need staff such as judges, doctors, armed forces, teachers and teachers,” he said, denying “a decision to stop appointments.”

The source pointed to “the existence of flexibility in the budget, and this flexibility in which certain powers, dealing with reality through the financial situation, and the better the financial situation there are variables in the controls and instructions issued by the State on this file.”

The parliamentary Finance Committee revealed last year that the grades in the draft budget law for the year 2017 included four ministries, while the budget was considered to be similar to the budget of 2016.

______________________________________________________________

The United Nations funds 100 projects to restore stability to Falluja

The United Nations Development Program (UNDP) Stabilization Fund (SFOR) in Iraq announced Monday the support of more than 100 stabilization projects inside the city of Falluja, clearing nearly 2 million square meters of land and infrastructure of explosives. City.

“Since August 2016, more than 100 stabilization projects have been supported in Falluja through the stabilization program,” UNAMI said in a statement. “Reforming the networks and reopening public infrastructure, and the work of thousands of people, Including many poor families, on public programs, and they are helping to rebuild the city. ”

“Almost a year after the liberation of Falluja, the process of stabilizing the city is well underway, hundreds of thousands have returned to their homes, basic services including water and electricity have been restored and the local economy has been restored,” the statement said.

“In a move that marked an important milestone on the path to the recovery of Falluja, the Iraqi government and the Stabilization Fund of the United Nations Development Program (UNDP) in Iraq reopened the Azerik water treatment plant, which provides drinking water to more than 60 percent of the city’s population,” UNAMI said.
“Rehabilitation of the station is one of the main projects requested by the Anbar Command Center, which is responsible for restoring stability in newly liberated areas.”
“The United Nations Mine Action Service (UNMAS) has removed explosive devices from all the station buildings and over 40,000 square meters of land,” the statement said.

“The clearance of nearly 2 million square meters of land and infrastructure of explosives, including five power plants, 12 health facilities, 13 sanitation sites, 19 water points and 88 schools,” the program said.

“The newly rehabilitated station is necessary to improve access to safe drinking water for Fallujah families,” said Anbar governor Suhaib al-Rawi in a ceremony marking the reopening of the Azerite water station. “Water supply projects are essential to improving our communities’ access to safe drinking water and effective sanitation systems. To preserve the lives and well-being of men, women and children in Anbar. ”

“This is a symbol of the recovery of Falluja,” said Liz Grande, a UNDP Resident Representative in Iraq: “When we saw the destruction in the Azores for the first time, we did not believe that the station could be rebuilt so quickly.

Everyone worked together to accomplish this task in record time. More than 60 percent of the city will have safe drinking water. ”

“The identification and removal of explosive ordnance is the first step before stabilization initiatives or humanitarian interventions in liberated areas,” said Per Ludamar, the UN Mine Action Service (UNMAS) official. “The clearance of nearly 2 million square meters of contaminated areas in the city Falluja, allowing the start of stability activities and enable families to return to the city, and resume life. ”

The stabilization project, launched in June 2015, operates in newly liberated areas of Anbar, Salahaddin, Ninewa and Diyala provinces. More than 1,000 projects are completed or under construction in 23 locations. Since the beginning of the crisis, more than 1.8 million people have returned to their homes.

______________________________________________________________

The most important six inches on the battlefield is between your ears. – James Mattis

_____________________________________________________________

The Council of Ministers holds its regular session chaired by Dr. Haider Abadi

The Cabinet held its regular session on Tuesday 6 June 2017 under the chairmanship of the Prime Minister Dr. Haider Abadi.

During the meeting, a vote was taken on the establishment of a factory for the production of cards and passports attached to the draft unified national card.

The council agreed to complete the 40-bed hospital project in Dujail.

The bill on HIV testing was voted on.

An amendment to the State Council Bill was also introduced.

A bill was also voted to change the name of the provinces of Qadisiyah and Tamim to the provinces of Diwaniya and Kirkuk.

The Cabinet discussed the requirements of the Ministry of Defense in addition to the supplementary budget for 2017 and the entitlements of contractors.

______________________________________________________________

Ready to operate the “Iron and Steel” factory in Basra

Director of the plant, also pointed out that the end of next year will see the operation of his company for the smelting sector and the production capacity of up to 500 thousand tons per year.

______________________________________________________________

Abadi reveals a plan to secure the Iraqi-Syrian border

Baghdad Mawazine News Prime Minister, Commander-in-Chief of the Armed Forces, Haider al-Abadi, announced on Tuesday a plan under his supervision and coordination with the popular crowd to secure the border with Syria, stressing that the Iraqi forces managed to besiege “terrorism” and control of his movement, while promising not to keep any ” , Pointing out that terrorism will not be able to carry out terrorist attacks against Iraqis except with the presence of “Hawadn”.

Abadi called in his weekly press conference, and his follower / Mawazin News / political blocs to “commit to national unity and fight terrorism,” surprising statements that call for “emergency government”, pointing out that “the elections will be held in time,” stressing that ” Changing the constitutional timing “.

On the latest bombing in Baghdad yesterday, Abadi said that the security breach in Baghdad can not be considered as a breakdown as much as an “intelligence disorder”. Some of the voices accused it of giving terrorism greater than its size, and this terrorism wants to achieve “a media and psychological victory.”

“When terrorists target innocent people in Baghdad, some try to discourage morale and morale on the front lines,” he said, adding that “there is a radical plan on joint checkpoints” .

“We have been able to besiege terrorism and control its movement, we will not keep any of the terrorists and we are serious to pursue them,” Abadi said in his weekly press conference, calling on political blocs to “commit to national unity and fight terrorism.”

“A plan has been drawn up under the supervision of the commander-in-chief of the armed forces and in coordination with the popular crowd to secure the Iraqi-Syrian border,” Abadi said.

The commander-in-chief of the armed forces, Prime Minister Haider Abadi, said on Monday (May 29, 2017) that the declaration of “victory” in the city of Mosul will be very soon, while considered the arrival of the popular crowd to the Iraqi-Syrian border “an achievement.”

______________________________________________________________

The parliamentary economy supports the recent central bank measures to regulate the sale window of the currency

_____________________________________________________________

Read more: http://www.dinarupdates.com/observer
______________________________________________________________

The stock market is trading more than a trillion shares during the month of May

______________________________________________________________

Read more: http://www.dinarupdates.com/observer
______________________________________________________________

______________________________________________________________

Read more: http://www.dinarupdates.com/observer/
______________________________________________________________

______________________________________________________________

Click this link to join the DU “private” FaceBook Group…

https://www.facebook.com/groups/571383766355188/

(go here and ask to join… then add some Dinar Friends!!)

______________________________________________________________

Iraqi Dinar/Dollar auction 06-6-17 (most recent listing)

Currency Auctions Announcement No. 3459

This daily currency auction was held in the Central Bank of Iraq on the 06-01-2017

DETAILS	NOTES
Number of banks	35
Number of remittance companies	9
Amount sold at auction price (US$)	159,467,043
Amount purchased at Auction price (US$)	—–
Total offers for buying (US$)	159,467,043
Total offers for selling (US$)	—–

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

______________________________________________________________

CURRENCY	CODE	SELL	BUY
US dollar	USD	1184.000	1182.000
Euro	EUR	1328.093	1327.429
British pound	GBP	1521.854	1521.093
Canadian dollar	CAD	876.777	876.339
Swiss franc	CHF	1218.859	1218.250
Swedish krona	SEK	136.280	136.212
Norwegian krone	NOK	139.920	139.850
Danish krone	DKK	178.526	178.436
Japanese yen	JPY	10.606	10.601
Special Drawing Rights	SDR	1637.839	1637.020

Indicative rates – 06.6.2017

http://www.cbi.iq

If you found this blog, our website or chats helpful – Forward it to a friend!! We couldn’t do it without you!!

Thanks – BGG!!

www.DinarUpdates.com

Dinar Daily NEWS Blog – June 5th

Posted on June 5, 2017 by BGG

Peshmerga’s Bravery Has Echoed Around the World: Australian Vice Consul

During his meeting with Barzani, Stapleton extended his country’s gratitude to the sacrifices that Kurdistan Peshmerga forces have made in suppressing the Islamic jihadists.

Read more: http://www.dinarupdates.com/showthread.php?49904-Peshmerga-s-Bravery-Has-Echoed-Around-the-World-Australian-Vice-Consul
______________________________________________________________

Prime Minister Dr. Haidar Al-Abadi receives US Centcom Commander General Joseph Fotel

Prime Minister Dr. Haidar Al-Abadi received at his office Monday the Commander of the Central American Central Command General Joseph Fotel and his accompanying delegation.

During the meeting, they discussed the victories in Mosul and the international support for Iraq in the fight against terrorism, the post-support phase and regional cooperation to support Iraq.

Mr. Fotel congratulated the victories achieved and the continued development of the capabilities of the Iraqi forces and the confirmation of his country’s support for Iraq in its war against terrorism.

Read more: http://www.dinarupdates.com/showthread.php?49892-Prime-Minister-Dr-Haidar-Al-Abadi-receives-US-Centcom-Commander-General-Joseph-Fotel
______________________________________________________________

Follow us on twitter @DinarUpdates !!

Dinar Updates – “News Time” w/BGG & Company!! June 5th – 7:30 pm CST – In the DU Chat Room!!

www.DinarUpdates.com – save as favorite

______________________________________________________________

Yazidi Iraqis call for int’l peacekeeping force

Yazidis in Iraq have called for an international peace keeping mission in their districts, The Baghdad Post reported Sunday.

In a press conference, MP from the Yazidi constituent Haji Kandoor al-Sheikh said, “As representatives for the Yazidi constituent, we have been calling since Aug. 2014 in all international and regional events for an international peacekeeping force to protect the rights of minorities”.

Al-Sheikh stressed Yazidis had lost confidence in the Iraqi forces that left them in the lurch when their territories had been stormed by ISIS terrorists.

“We completely lost confidence in the Iraqi forces. They abandoned us when ISIS stormed our regions in 2014,” he added.

“The US-led international coalition, the United Nations and the European Union are required to send peacekeeping forces to secure civilians’ return to their homes,” he said.

Read more: http://www.dinarupdates.com/showthread.php?49873-Yazidi-Iraqis-call-for-int-l-peacekeeping-force
______________________________________________________________

Iraqi Forces Resume Push into Mosul’s Old City from Southern Front

Iraqi forces have once again attempted to advance into the Old City neighbourhood of western Mosul from the southern front which was halted due to the difficulty of advancement from that side in late April. Consequently, a northern front was opened in May.

The forces backed by warplanes began to attack from the southern front on Monday, said the head of the Iraqi Federal Police Lieutenant General Shaker Jawdat. Seven Islamic State (IS) militants were killed as a result.

The Iraqi Federal Police forces also discovered a burned IS prison with the remains of two men and a woman in the recaptured 17 Tamuz district. The people were “brutally killed,” before they along with the prison were set on fire, Jawdat noted.

The operation to oust IS militants from western Mosul began in February, after the eastern half of the city was declared liberated in January. The operation which began on October 17, 2017, is led by the Iraqi and the international anti-IS coalition forces.

______________________________________________________________

US coalition foil ISIS attack on al-Waleed border crossing in Anbar

US-led coalition warplanes foiled an ISIS attack on al-Waleed border crossing in al-Rutbah district in western Anbar, Commander of Soqour al-Sahraa (Desert Falcons) regiment, Shaker Abu Risha said on Monday.

Two booby-trapped vehicles were used to launch the attack near the Iraqi-Syrian borders, Risha added, noting that the coalition warplanes destroyed the two vehicles which came out from the eastern desert of Anbar.

This comes as the offensive launched on 19th of February by US-backed Iraqi forces, supported by Iranian-backed sectarian IMIS Shiite militias to oust ISIS terrorists from Mosul, their last major stronghold in Iraq enters its last stages.

______________________________________________________________

Federal Police evacuate 14 families from western Mosul’s Zanjili

Mosul (IraqiNews.com) Iraq Federal Police forces evacuated Friday 14 Iraqi families from a western Mosul district where battles approach the birthplace of the Islamic State’s proclaimed “caliphate”.

Almaalomah website quoted a security source saying police evacuated 14 families from Zanjili, a district adjacent to the Old City, the place where IS supreme leader declared the establishment of the group’s rule in Iraq and Syria in 2014.

The families had been trapped for months under IS siege, said the source.
Last Wednesday, the army’s elite Counter-Terrorism Service evacuated 380 civilians from Zanjili.
Islamic State militants have faced accusations by Iraqi and United Nations officials, as well as local and world aid groups, of using civilians as human shields during the battle running in Mosul since October.

U.N. estimates put the number of civilians stranded at the battlefield in the Old City at 200.000, saying they suffer severe shortages in food and medicine.

According to news reports, IS had executed dozens of civilians in western Mosul for attempting to escape to security-held areas or acting as informants for the government troops. Dozens of other civilians were shot dead by snipers on their escape routes.

______________________________________________________________

Abadi reveals a plan to secure the Iraqi-Syrian border

“When terrorists target innocent people in Baghdad, some try to discourage morale and morale on the front lines,” he said, adding that “there is a radical plan on joint checkpoints” .

“A plan has been drawn up under the supervision of the commander-in-chief of the armed forces and in coordination with the popular crowd to secure the Iraqi-Syrian border,” Abadi said.

______________________________________________________________

Paramilitary troops say crossing Iraqi borders requires parliament approval

The Shia-led paramilitary troops have said that crossing the Iraqi borders to other countries requires parliament approval in advance.

In press remarks, Ahmed al-Assadi, spokesperson of al-Hashd al-Shaabi (Popular Mobilization Units) said “armed troops either from army, al-Hashd al-Shaabi or the army’s elite Counter-Terrorism Service crossing the Iraqi borders requires voting by Iraqi parliament as constitution does not allow intervention in other countries’ affairs.”

He considered that “talks about this issue while the country is fighting and clearing the provinces from Islamic State is unreal.”

“The troops will stick to all instructions and commands made by the armed forces commander-in-chief,” Assadi added.

“After retaking all the regions from Islamic State, the PMUs will have a basic role in immunizing areas that suffer weakness in borders control,” he said.

On Tuesday, Syrian Kurdish leader Ciwan Ibrahim said Syrian Democratic Forces will battle against PMUs in case the troops crossed to the Syrian borders.
,
Earlier this week, Hadi al-Amiri, head of Badr Organization, said PMUs reached to Iraqi-Syrian borders.

Last week, al-Hashd al-Shaabi troops resumed the second phase of operations, launched earlier this month, to liberate the remaining villages in the vicinity of Qairawan, a main Islamic State bastion which links between Tal Afar town and the Syrian borders, and Baaj, after the troops announced full liberation of Qairawan.

PMUs, an alliance of more than 60 mostly Shia militias, are recognized by the government as a national force under the Prime Minister’s command.

_____________________________________________________________

Read more: http://www.dinarupdates.com/observer
______________________________________________________________

The central bank sells more than $ 155 million in the auction today

BAGHDAD / The Central Bank of Iraq sold Wednesday a $ 155 million auction.

“The size of the amount sold today amounted to 155 million, 688 thousand and 671 dollars, at an exchange rate of 1182 dinars per dollar, with the participation of 37 banks and 10 companies for financial transfer.”

The statement said that “the sale of amounts transferred to the accounts of banks abroad, as well as the sale of cash was the price of 1190 dinars per dollar.”

______________________________________________________________

Economic “warns” the Central Bank

BAGHDAD / The Economic Committee warned the parliamentary on Wednesday, the central bank to continue its policy classification of banks to varying degrees to participate in the window auction currency, calling him to commit to neutrality and non-discrimination between banks.

“The Central Bank’s policy is one of the reasons for the corruption of its employees because it did not comply with the law that provides for equality and non-discrimination between one bank and another,” the committee said in a statement. Dealing with Iraqi banks. ”

“The central bank must move away from its present in the Central Bank of conflicts of interest and prevailed in the moods and the tendency to reward the party and punish another party without a professional and legal standard,” adding that “manipulation of the implementation of the policy of the Central Bank through individual desires not based on economic grounds A risk that could bring risks to the economy of Iraq, which is undergoing great challenges under the exceptional circumstances experienced by Iraqis. ”

The committee called on the Central Bank’s administration to “close the doors encouraging corruption by some employees of the Central Bank,” indicating that “the opposite will expose the reputation of this ancient institution to danger and lose confidence, which will negatively affect the overall monetary situation in the country, Value of the national currency “.

The parliament’s economic committee called on the central bank to “abide by neutrality and non-discrimination between banks and deal equally in the window of currency sale and the abolition of the policy of classification based on discretionary calculations to avoid our resort to questioning and questioning under the parliament.”

______________________________________________________________

Read more: http://www.dinarupdates.com/observer
______________________________________________________________

Governor of Baghdad is discussing with a Swiss company the establishment of waste recycling project capital

Economy News _ Baghdad: Baghdad Governor Atwan al-Atwani on Wednesday discussed with a delegation of a Swiss company involved in waste recycling projects the implementation of a similar project in the province.

The press office of the governor said in a statement that “Al-Atwani discussed with a delegation of one of the Swiss companies concerned with waste recycling projects, that the province is keen to adopt such projects and is a pioneer in inviting international companies competent to work in the province of Baghdad, Adding that “the province is ready to provide infrastructure and provide various facilities and legal and administrative procedures for the transfer and implementation of investment projects in this area.”

He added that “the local government encourages international investment companies to work in the province and provide all the necessary support for the implementation of these projects, which benefit the province and its citizens.”

The secretariat of Baghdad, had contracted earlier with a Turkish company to clean up 30% of the capital Baghdad for 31 billion dinars, but the contract did not last long, the return of waste to the streets, especially in commercial areas.

______________________________________________________________

Oil falls as production of Libya and America rises

Economy News BAGHDAD, Decreased Prices Oil One percent Today Wednesday With a plus Production The Libyan Which Agate Fears the list Already From Height Production American Including Undermines Discounts Production Which Led (OPEC) With a view Reducing Gap between Display And demand at Market .

By At 0657 hours Greenwich Decreased raw Measurement Global Mix Brent at Contracts Futures 54 cents or One percent About Closure the previous Up To $ 51.30 Per barrel .

He slipped raw West Texas Mediator American at Contracts Futures 51 cents or One percent About price Closure the previous Up To $ 49.15 Per barrel .

And he said Traders that drop the prices came result Height Production at Libya Which rip it Conflict and he What Increase From Sharpness Effect the growth Continuing Production American .

She said Enterprise National Of oil at Libya day Monday that From Expected that Rises Produce Libya From Raw To 800 thousand barrel Daily This Week .

And from Likely that Boosts that exports Libya From Oil . Showed Data Shipping On platform Thompson Reuters Econ it’s a With Exclude Exports Movable Across Lines Pipes Issued Libya 500 thousand barrel Daily at Average Ago Beginning General Comparison With Average Amounting to 300 thousand barrel Daily Just In 2016.

It is due a plus Production American to me end Big For high Activities Drilling For exploration About Oil Rocky More From ten percent Ago Mid General the past To exceed 9.3 million barrel Daily Including Approximates Levels Saudi Arabia And Russia Larger Producers Of oil at World .

And undermines Height Production American And Libby Efforts Which Made organization the countries Exporting ( OPEC ) and some Producers Outside And from between them Russia To shrink Gap between Display And demand at market Overheated Supplies From During scale down Production About 1.8 million barrel Daily Even End Quarter the first Of 2018.

And Libya member at organization OPEC but she Exempted From Discounts Production While No Involved the states United Nations at That Deficiencies .

And reached Produce Russia From Oil is 10.94 million barrel Daily at May May Including In line With Pledges By reducing Production According when I mentioned Resources day Wednesday .

______________________________________________________________

Read more: http://www.dinarupdates.com/observer
______________________________________________________________

Today we remember the men and women who made the ultimate sacrifice in serving. Thank you, God bless your families & God bless the USA! –

President Trump

______________________________________________________________

Read more: http://www.dinarupdates.com/observer/
______________________________________________________________

______________________________________________________________

Click this link to join the DU “private” FaceBook Group…

https://www.facebook.com/groups/571383766355188/

(go here and ask to join… then add some Dinar Friends!!)

______________________________________________________________

Iraqi Dinar/Dollar auction 06-5-17 (most recent listing)

Currency Auctions Announcement No. 3458

This daily currency auction was held in the Central Bank of Iraq on the 06-01-2017

DETAILS	NOTES
Number of banks	33
Number of remittance companies	9
Amount sold at auction price (US$)	156,758,501
Amount purchased at Auction price (US$)	—–
Total offers for buying (US$)	156,758,501
Total offers for selling (US$)	—–

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

______________________________________________________________

CURRENCY	CODE	SELL	BUY
US dollar	USD	1184.000	1182.000
Euro	EUR	1328.093	1327.429
British pound	GBP	1521.854	1521.093
Canadian dollar	CAD	876.777	876.339
Swiss franc	CHF	1218.859	1218.250
Swedish krona	SEK	136.280	136.212
Norwegian krone	NOK	139.920	139.850
Danish krone	DKK	178.526	178.436
Japanese yen	JPY	10.606	10.601
Special Drawing Rights	SDR	1637.839	1637.020

Indicative rates – 06.5.2017

http://www.cbi.iq

If you found this blog, our website or chats helpful – Forward it to a friend!! We couldn’t do it without you!!

Thanks – BGG!!

www.DinarUpdates.com

Posted in Daily Dinar Updates | Tagged Dinar, Dinar Chat, dinar detectives, Dinar Guru, dinar gurus, Dinar Info, Dinar News, dinar recaps, dinar recaps blog, Dinar RV, dinar to usd, dinar value, dinar vets, IQD, Iraqi Dinar, Observer, Recaps, Revaluation, Updates, VND | Comments Off

Dinar Daily NEWS Blog – June 4th

Posted on June 4, 2017 by BGG

Central Bank of Iraq signed a memorandum of understanding with the Palestinian Monetary Authority

Announced the bank ‘s central Iraq, Sunday signed a memorandum of understanding with the authority of the Monetary Palestinian cooperation joint and development work banking and financial.

He said the bank ‘s central in a statement news received ” Economy News ” a copy of it, that the Governor of the Bank of the Central Iraqi Ali Keywords signed with the governor of the authority of criticism of the Palestinian Azzam Shawa, at the headquarters of the Embassy of Iraq in the capital of Jordan Amman a memorandum of understanding for cooperation joint between the two sides to support and develop the work banking financial and in both countries.

He added that the memorandum of understanding requires the strengthening of the relationship existing between Iraq and Palestine in the field of control on the institutions of banking and financial and to achieve stability financial and anti – laundering money , including in accordance with the recommendations and decisions of the Committee of the Basel controlled banking and as contributing to the achievement of the objectives of the two sides on the stability of the financial Among the memorandum provides for the exchange of information and expertise with the relevant development of the work of financial and banking and development of staff career in addition to the exchange of information relating to legislation banking and financial window and standards and requirements of the regulatory in both countries

Read more: http://www.dinarupdates.com/showthread.php?49819-Central-Bank-of-Iraq-signed-a-memorandum-of-understanding-with-the-Palestinian-Monet
______________________________________________________________

Iraqi forces free 700 civilians in Mosul

Rapid Response Forces have freed more than 700 civilians who were held by ISIS terrorists in the district of al-Zanjili in Mosul.

The Iraqi forces are now controlling 60 percent of territories in Zanjili district.

This comes as the Iraqi forces have been pushing against the terror group of ISIS in the right bank of Mosul since February 19th with the aid of the US-led coalition.

______________________________________________________________

Follow us on twitter @DinarUpdates !!

Dinar Updates – “News Time” w/BGG & Company!! June 5th – 7:30 pm CST – In the DU Chat Room!!

www.DinarUpdates.com – save as favorite

______________________________________________________________

The Government form Committees to Resolve the 3000 High Function Managed by Proxy

Citizen revealed the mass of efforts made by Prime Minister Haider al – Abadi to resolve the three thousand senior government post is run by proxy. The government confirmed the formation of committees to establish special criteria for occupancy of these positions, he indicated that the coalition refused to name his representatives in these committees, preferring to leave it to the government and its president.

In parallel, suggesting political blocs that the government completes its mandate without resolving the three ministries vacant file, due to preoccupation with all parties to the fate of the Commission and the electoral law.

Says mass coalition citizen member of Raad al – Haidari (range), ” The Prime Minister Haider al – Abadi form of government committees mini to resolve the positions and sites managed by proxy file , ” revealing the Abadi to inform the leaders of the coalition, a month ago, the move and asked them to send his representatives to participate these committees in order to “standards and principles to be adopted in the new choices” mode.

Haidari said that ” the National Alliance response to the request of the prime minister turned down because the task of the jurisdiction of the government,” pointing out that “These committees will open the door for nomination for all locations and positions managed by proxy, which is estimated at more than three thousand site and the post distributed among independent bodies and Undersecretary of the Ministry, and degrees of special ambassadors, advisors and military sites. ”

The accused parties within the National Alliance , the Dawa party acquired 17 independent body, which denies the party and confirms that the positions belonging to the parties in the rule of law.
According to the political agreement, which entered into the blocks before the formation of the government Abadi, the National Alliance ‘s share of the bodies of 15 compared to 11 organizations distributed between the Sunnis and the Kurds, and a single body of the Christian component, in addition to the three positions of Awqaf (Sna- Hiei- Christian and other components).

He says a member of the mass citizen, led by Ammar al – Hakim, said that ” the committees will depend in the selection of competent to fill the positions of these sites and personalities , ” stressing that “preparations are in full swing for the end of the resolution of the sites managed by proxy file.”
And about the fate of the vacant ministries and disagreement about the candidates, al – Haidari said , “This file is from the broken files confirm and there is no negotiations between the blocs to be settled at the present time , ” he said, adding that “preoccupied with other files of political parties is more important than the vacant ministries file.”

The Minister of Higher Education and Scientific Research Abd al – Razzaq al- Essa, announced on Wednesday, for the approval of the Prime Minister requested exemption from the Ministry of Finance.
Because of the preoccupation with legislation blocks the electoral law and the position of the Electoral Commission, MP Messenger Abu Hasna , asserts that ” the vacant ministries file is no longer on the list of priorities Abadi.”

The three ministries are still managed by proxy , namely: finance, trade and industry. The Abadi and the first administration, while The Planning Minister Salman Jumaili ‘s second administration, while managing the Minister of Labor and Social Affairs , the third management.

He adds MP Obouhsnh, during an interview with the (range), that ” the vacant ministries file died clinically and blocks is not serious to discuss with Prime Minister Haider al – Abadi , ” stressing that “security problems and disputes over election law led to the disposal of the blocks of these ministries vacant “.

Four months before the Council of Ministers refused to vote on the nomination of candidates for the ministries of industry and trade because of the different component of the Turkmen representatives on the one hand, and between the National Coalition and the Sunni powers on the other hand, on the nomination of the Minister of Commerce bag. And the exchange of deputies of the Turkmen component accusations over the candidate of Necmettin Mohsen failed to take over the Ministry of Industry.

But the MP for the rule of law expects the vacant ministries file move against the backdrop of the resignation of Abdul – Razzaq al- Issa for the management of the Ministry of Finance acting. ”
Says a member of the call block” The data indicate that the current government will complete its without naming the ministers of trade, industry and finance , “attributing it to that” blocs preoccupied with theconcerns and preparations for parliamentary and local elections that will be a vote of one. ”
concludes MP for the province of Muthanna to say that” the blocks is dedicated to engage in talks about the ministries will be the assumption is not enough to offer anything. ”
agrees MP Hassan Chuird, a member of the national coalition, with Abu Jsnh, as it confirms The blocs spent even consider thinking about the vacant ministries file, pointing out that ” the file has become the forgotten files of all parties.”

Says Chuird, in a statement (term) yesterday that “political problems, particularly the electoral law imposed on the parties and blocs to turn a blind eye for the vacant ministries file “, pointing out that” the priority is focused on choosing a new election Commission. ”
the uncertain fate of the electoral Commission after the House vote, the end of last April, the lack of conviction answers to the President of the board.

He favored one vote is not convinced of the camp answers UNHCR B119 voice against the latter, compared to 118 in its favor, and preferred 15 deputies Keep the white ballot papers.
The political blocs are looking for a legal way out of the impasse faced by the Committee of Experts charged with choosing a new Office of the Council, after nominate six of the current staff of the Electoral Commission.

______________________________________________________________

Federal Police evacuate 14 families from western Mosul’s Zanjili

U.N. estimates put the number of civilians stranded at the battlefield in the Old City at 200.000, saying they suffer severe shortages in food and medicine.

______________________________________________________________

Abadi reveals a plan to secure the Iraqi-Syrian border

“When terrorists target innocent people in Baghdad, some try to discourage morale and morale on the front lines,” he said, adding that “there is a radical plan on joint checkpoints” .

“A plan has been drawn up under the supervision of the commander-in-chief of the armed forces and in coordination with the popular crowd to secure the Iraqi-Syrian border,” Abadi said.

______________________________________________________________

Paramilitary troops say crossing Iraqi borders requires parliament approval

The Shia-led paramilitary troops have said that crossing the Iraqi borders to other countries requires parliament approval in advance.

He considered that “talks about this issue while the country is fighting and clearing the provinces from Islamic State is unreal.”

“The troops will stick to all instructions and commands made by the armed forces commander-in-chief,” Assadi added.

“After retaking all the regions from Islamic State, the PMUs will have a basic role in immunizing areas that suffer weakness in borders control,” he said.

PMUs, an alliance of more than 60 mostly Shia militias, are recognized by the government as a national force under the Prime Minister’s command.

_____________________________________________________________

Read more: http://www.dinarupdates.com/observer
______________________________________________________________

The central bank sells more than $ 155 million in the auction today

BAGHDAD / The Central Bank of Iraq sold Wednesday a $ 155 million auction.

The statement said that “the sale of amounts transferred to the accounts of banks abroad, as well as the sale of cash was the price of 1190 dinars per dollar.”

______________________________________________________________

Economic “warns” the Central Bank

______________________________________________________________

Read more: http://www.dinarupdates.com/observer
______________________________________________________________

Governor of Baghdad is discussing with a Swiss company the establishment of waste recycling project capital

______________________________________________________________

Oil falls as production of Libya and America rises

By At 0657 hours Greenwich Decreased raw Measurement Global Mix Brent at Contracts Futures 54 cents or One percent About Closure the previous Up To $ 51.30 Per barrel .

He slipped raw West Texas Mediator American at Contracts Futures 51 cents or One percent About price Closure the previous Up To $ 49.15 Per barrel .

And he said Traders that drop the prices came result Height Production at Libya Which rip it Conflict and he What Increase From Sharpness Effect the growth Continuing Production American .

She said Enterprise National Of oil at Libya day Monday that From Expected that Rises Produce Libya From Raw To 800 thousand barrel Daily This Week .

And Libya member at organization OPEC but she Exempted From Discounts Production While No Involved the states United Nations at That Deficiencies .

And reached Produce Russia From Oil is 10.94 million barrel Daily at May May Including In line With Pledges By reducing Production According when I mentioned Resources day Wednesday .

______________________________________________________________

Read more: http://www.dinarupdates.com/observer
______________________________________________________________

Today we remember the men and women who made the ultimate sacrifice in serving. Thank you, God bless your families & God bless the USA! –

President Trump

______________________________________________________________

Keywords: Prepare a plan for the rehabilitation of the central bank branch in Mosul

Economy News Baghdad: Iraq’s central bank governor Ali al-Alaq on Wednesday prepared a plan to rehabilitate his branch in the province of Nineveh after the terrorist organization “Da’ash” caused great damage to it and stole its contents.

Al-Aalak said in an interview with the Economist News that gangs that have encouraged crime have caused great damage to the bank’s branch in Mosul, especially since it is located on the right side of the city and was liberated by the armed forces.

He added that “gangs before carrying out sabotage operations in the building was to steal the contents of the time, which consists of treasures estimated at 500 billion Iraqi dinars and 80 million dollars.”

“The central bank has prepared a plan to rebuild the branch once the security situation stabilizes. Once a signal is received that the situation is safe for the bank to play its role, we have a priority that the central bank should return to work in providing services to banks and exchange and transfer companies,” he said.

______________________________________________________________

Read more: http://www.dinarupdates.com/observer/
______________________________________________________________

______________________________________________________________

Click this link to join the DU “private” FaceBook Group…

https://www.facebook.com/groups/571383766355188/

(go here and ask to join… then add some Dinar Friends!!)

______________________________________________________________

Iraqi Dinar/Dollar auction 06-1-17 (most recent listing)

Currency Auctions Announcement No. 3456

This daily currency auction was held in the Central Bank of Iraq on the 06-01-2017

DETAILS	NOTES
Number of banks	38
Number of remittance companies	10
Amount sold at auction price (US$)	151,197,131
Amount purchased at Auction price (US$)	—–
Total offers for buying (US$)	151,197,131
Total offers for selling (US$)	—–

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

______________________________________________________________

CURRENCY	CODE	SELL	BUY
US dollar	USD	1184.000	1182.000
Euro	EUR	1328.566	1327.902
British pound	GBP	1520.078	1519.318
Canadian dollar	CAD	877.102	876.663
Swiss franc	CHF	1219.361	1218.752
Swedish krona	SEK	135.842	135.774
Norwegian krone	NOK	140.756	140.686
Danish krone	DKK	178.577	178.488
Japanese yen	JPY	10.671	10.666
Special Drawing Rights	SDR	1634.619	1633.80