Dinar Daily NEWS Blog – May 13th

Mosul battle will be finished within days - Iraqi army chief

Mosul battle will be finished within days – Iraqi army chief

Iraqi security forces are only days away from completing the operation to recapture Mosul from ISIS, the BBC quoted army’s chief of staff as saying on Friday.

Lt Gen Othman al-Ghanimi said he hoped the group would be defeated in the city before the Islamic holy month of Ramadan begins on 26 May.

Recent gains in the north meant the remaining militants were being squeezed into an ever smaller area, he added.

Mosul fell to ISIS in 2014 and is its last major urban stronghold in Iraq.

Pro-government forces launched a major offensive to retake the city in October with the support of US-led coalition air strikes.

They managed to take full control of the eastern half of Mosul in January and started an assault on the west the following month.

Fewer than 1,000 militants are now besieged in several north-western districts, including the Old City, along with as many as 450,000 civilians.

“The security forces are carrying out a big and effective effort. I say that ISIS will be finished in days, God willing,” Gen Ghanimi said.

“I say that the rest of Mosul will be liberated before the holy month of Ramadan.”

Read more: http://www.dinarupdates.com/showthread.php?49082-Mosul-battle-will-be-finished-within-days-Iraqi-army-chief
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Kaperoni (Dinar Guru) –    Article:  “ATMs for MasterCard card users”  Quote:  “The Ministry of Communications coordinated the establishment of ATM for users of the card (master card) through its outlets in post offices in Baghdad and the provinces.”   IMO, these types are articles only tell us currency reform is coming sooner than later.
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The return of commercial traffic to the markets of Mosul again

Roudao – Mosul The commercial movement returned to the city of Mosul again, after the restoration of large parts of the organization of the “Islamic State”, and in comparison with the Kurdistan Region and other Iraqi provinces, the prices of food, especially vegetables in the markets of Mosul – which imports from Erbil – less than the likes.

While the price of one kilo of red meat in Mosul is 7 thousand dinars, while the price in Erbil between 12 to 15 thousand dinars, and the price of a kilo of tomatoes in Mosul, 500 dinars at a time when the price more than double in Erbil.

The sellers assert that they take the economic and living conditions of the people and their purchasing power into account, stressing that they are still making profits despite the ascendancy of the prices of their goods.

Mosul markets are overcrowded, although most foodstuffs, especially vegetables and fruits, are imported from Erbil, but are sold half of what is sold there.

According to data from the Ministry of Agriculture in the Kurdistan Region, the local consumption of vegetables in the region of 746 thousand tons and more than 310 thousand tons of fruit, while the domestic production last year 187 thousand tons of vegetables and 54 thousand tons of fruit, while the quantity imported from Vegetables 478 thousand tons and 334 thousand tons of fruits.

Read more:  http://www.dinarupdates.com/showthread.php?49087-The-return-of-commercial-traffic-to-the-markets-of-Mosul-again

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Security forces foil IS attack on military checkpoint in Hama, destroy vehicles in Wadi Uzaib

Hama (SyriaNews.media) Syrian Arab Army forces, on Wednesday, destroyed two vehicles belonging to the Islamic State group in Wadi al-Uzaib area, while foiled an attack on military checkpoints, in eastern Hama, a source told the Syrian News Agency.

The source said that an army battalion engaged in clashes with the Islamic State militants that attacked military checkpoints, in Salmeya area, in eastern Hama.

Security forces managed to foil the attack, after killing several terrorists of the Islamic State and destroying their armed vehicles, the source added.

Meanwhile, army forces also destroyed two vehicles, including an armed one, belonging to the terrorist group, in Wadi al-Uzaib area, east of Salmeya City.

Read more:  http://www.dinarupdates.com/showthread.php?49048-Security-forces-foil-IS-attack-on-military-checkpoint-in-Hama

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U.S. to arm Syrian Kurds fighting Islamic State, despite Turkey’s ire

(Reuters) Despite fierce opposition from NATO ally Turkey, U.S. President Donald Trump has approved supplying arms to Kurdish YPG fighters to support an operation to retake the Syrian city of Raqqa from Islamic State, U.S. officials said on Tuesday.

Ankara views the Kurdish YPG militia, fighting within a larger U.S.-backed coalition, as the Syrian extension of the Kurdish PKK militant group, which has fought an insurgency in southeastern Turkey since 1984.

There was no immediate reaction from Turkey, whose president, Tayyip Erdogan, is expected to meet Trump in Washington next week.
The Pentagon immediately sought to stress that it saw arming the Kurdish forces “as necessary to ensure a clear victory” in Raqqa, Islamic State’s de facto capital in Syria and a hub for planning the group’s attacks against the West.

“We are keenly aware of the security concerns of our coalition partner Turkey,” Pentagon spokeswoman Dana White said in a statement as she traveled in Lithuania with defense secretary Jim Mattis.

“We want to reassure the people and government of Turkey that the U.S. is committed to preventing additional security risks and protecting our NATO ally,” White said.
The United States has long directly supplied arms to the Arab components of the so-called Syrian Democratic Forces, which include YPG fighters. White said Washington would still prioritize supplying those Arab fighters within the SDF.

One U.S. official, speaking on condition of anonymity, said the equipment for the Kurdish fighters could include small arms, ammunition, machine guns, armored vehicles and engineering equipment.

Equipment provided to the SDF would be limited, specific to a mission and provided “incrementally as objectives are reached” White said.

STRAIN ON ALLIANCE

The U.S. alliance with Turkey has proven decisive in the battle against Islamic State in Syria, providing the coalition with access to Turkey’s Incirlik air base to wage strikes against the militants, officials say.

Mattis, speaking before the announcement to reporters in Denmark and after talks with coalition members, sounded upbeat about working through tensions with Ankara.
“Our intent is to work with the Turks, alongside one another, to take Raqqa down, and we’re going to sort it out and we’ll figure out how we’re going to do it,” Mattis said.
Mattis called Turkish Defense Minister Fikri Isik on Tuesday, the Pentagon said. It was unclear how Isik responded but the Pentagon said that both “affirmed their support for peace and stability in both Iraq and Syria.”

The decision to arm the Syrian Kurds will likely cast a shadow over Erdogan’s visit to Washington, policy experts said.

“There have been bad episodes in the relationship between the United States and Turkey, but this one is serious because it gets to the heart of Turkish security priorities,” said Bulent Aliriza, director of the Turkey project at the Center for Strategic and International Studies in Washington.

“You’ve now got a question mark over the U.S.-Turkish security relationship that is pretty serious,” Aliriza said.

Ankara had long argued that Washington should switch support for the planned assault on Raqqa from the Kurdish YPG militia to Syrian rebels Turkey has trained and led against Islamic State for the past year.

But the U.S. administration was skeptical that the Turkish-backed force was large enough or sufficiently trained.

White appeared to allude to that conclusion when she said: “The SDF, partnered with enabling support from U.S. and coalition forces, are the only force on the ground that can successfully seize Raqqa in the near future.”

Saleh Muslim, co-chair of the Syrian Kurdish PYD party, the YPG’s political affiliate, said the U.S. decision was expected.

“The Raqqa campaign is running in parallel with the international coalition against terrorism. It’s natural that they would provide weapons” to the SDF and the armed groups fighting as part of it, Muslim said.

In a sign of recent tensions, Turkish warplanes carried out air strikes against Kurdish YPG fighters in northeastern Syria and Iraq’s Sinjar region late last month, killing less than 30 fighters, according to one estimate.

The United States has played down Turkish accusations of links between the YPG and PKK. Ankara believes the YPG’s advances will fuel anti-Kurdish sentiment in predominantly Arab parts of Syria such as Raqqa, and threaten Syria’s territorial integrity.

Read more: http://www.dinarupdates.com/showthread.php?49052-Middle-East-U-S-to-arm-Syrian-Kurds-fighting-Islamic-State-despite-Turkey%92s-ire

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WATCH: Peshmerga win support from US Congress

Tanks belonging to the Kurdistan Region Peshmerga. (Photo: Archive)
Tag : United States Peshmerga US Congress Tom Cole John Carter

WASHINGTON DC, United States (Kurdistan24) – In interviews with Kurdistan24, two Republican Congressman spoke very highly of the Peshmerga.

The role the Peshmerga have played in fighting the Islamic State (IS) has won the Kurds and their aspirations a very sympathetic hearing in Washington.

Tom Cole, who represents Oklahoma’s 4th Congressional District, and John Carter, from Texas’ 31st District, each expressed their deep appreciation.

“They’ve been tremendous. Best troops on the ground, without a doubt,” Cole stated.

“Most reliable ally from the American standpoint. Most dangerous enemy from [IS’] standpoint,” he added.

Carter spoke similarly. “The Kurds have really been stand-up fighters since day one,” he affirmed. “They’ve certainly proven their worth to the fight.”

Both Congressmen sit on the House Appropriations Committee, and both of their districts include major US Army bases: Ft. Sill in Oklahoma and Ft. Hood, the world’s largest military installation, in Texas.

Thus, these two Congressmen pay particular attention to the conflicts in which the US Army is engaged.

One important question involves US plans for its security architecture in the area after IS is defeated as a conventional military force. Should the US continue to maintain a military base in the Kurdistan Region?

Kurdistan24 asked Cole if he would favor such an idea, and the Oklahoma Congressman responded enthusiastically.

“As long as our Kurdish friends support that, and I think they would,” he responded. Cole noted the US had a very positive experience there.

“That’s been an area that we can operate out of stably,” he said, “and frankly, where we’ve got a supportive local population.”

Cole further explained, “The lesson of [IS] is that we left too soon.” We failed to secure our “hard-won victories in Iraq,” he said, “and I hope that we don’t make that mistake again.”

Read more: http://www.dinarupdates.com/showthread.php?48990-WATCH-Peshmerga-win-support-from-US-Congress
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Abadi receives a delegation from the US Congress

(Baghdad: al-Furat News) Prime Minister Haider al-Abadi received on Thursday a delegation from the US Congress.

A statement from the Prime Minister’s office received a delegation from the US Congress, led by Congressman Martha Robbie, in the office of the Prime Minister, who received the congratulations of the Iraqi forces’ victories against gangs, Iraq and the United States of America. ”

During the meeting, the statement stressed the importance of supporting Iraqi women and their role in Iraqi society and building the state

Read More:  http://www.dinarupdates.com/showthread.php?49065-Abadi-receives-a-delegation-from-the-US-Congress

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By the map .. What remains of the occupation of Ayman Mosul and his proportion of the city?

The Joint Operations Command / Military Information Cell published the latest map on the right side of the city of Mosul, and how much space is occupied by terrorist gangs.

According to the map received by the agency of all Iraq [where] a copy of it to “the presence of a caller in 10% of the west side of the city.”

The chief of staff of the Iraqi army, Major General Othman al-Ghanmi, had predicted the end of last month that the liberation of the right side and the liberation of the city of Mosul entirely from the gangs of terrorist preachers before the month of Ramadan next, which ends the month of May.

Read more:  http://www.dinarupdates.com/showthread.php?49067-By-the-map-What-remains-of-the-occupation-of-Ayman-Mosul-and-his-proportion-of-the

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Next Monday deadline to vote on the draft law reform guests 

House of Representatives postponed on Tuesday in its vote on the draft law reform guests.
According to a parliamentary source told all of Iraq [where] that “the House of Representatives identified on Monday as the deadline for a vote on legislator law

Read More:  http://www.dinarupdates.com/showthread.php?49000-Next-Monday-deadline-to-vote-on-the-draft-law-reform-guests-2017-5-9

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Today and every day, the state of Israel and her people bear witness to God’s faithfulness as well as their own.  – Vice President, Mike Pence

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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/
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Jubouri and his Romanian counterpart sign an agreement of cooperation and exchange of experiences

Speaker of the House of Representatives Salim al-Jubouri signed a joint agreement with his Romanian counterpart Liviu Draganya on Monday to increase understanding on coordination and exchange of experiences.

“The Speaker of the House of Representatives Salim Al-Jubouri met on Monday with the Speaker of the Romanian House of Representatives, Livyu Draganya,” the statement said. “During the meeting, they discussed bilateral relations between the two friendly countries and means of enhancing joint cooperation on all levels. During the meeting signed a memorandum of understanding between the two parliaments conducive to more coordination and cooperation and exchange of experiences.

“The meeting discussed the importance of opening new horizons for cooperation at the parliamentary level. The speaker stressed the need to exchange experiences and improve the performance of the workers in the legislative institution,” he said.

“Parliament is keen to push for further economic and trade cooperation with Romania, In Iraq, especially in the reconstruction of areas liberated from the organization of the terrorist advocate. ”

For his part, Liviu Dragania confirmed his country’s support for Iraq in its fight against terrorism and its readiness to provide support and assistance.

Al-Jubouri arrived in Romania on Saturday on a two-day official visit to meet with officials there to discuss ways to develop and strengthen bilateral relations, especially at the parliamentary level.

Read More: http://www.dinarupdates.com/showthread.php?48940-Jubouri-and-his-Romanian-counterpart-sign-an-agreement-of-cooperation-and-exchange-of

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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.

Read more: http://www.dinarupdates.com/observer/
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Iraq Stock Exchange discusses technology solutions in Beirut for its applications

BAGHDAD – The Iraqi stock market opened Monday in the Lebanese capital of Beirut its conference on the applications and solutions of technology trading securities, stressing the need to bring investments to the securities market.

“The conference is currently being held in the Lebanese capital of Beirut, the second of its kind since last year in the United Arab Emirates. There were also conferences and workshops between the two conferences,” said Taha Ahmed Abdel Salam, A knot inside Iraq and yielded positive results supported the market in his work. ” He added that “the conference was attended by a group of senior officials of the Central Bank of Iraq and a number of ministries of the Iraqi state, adding brokerage firms and international investment companies.”

He pointed out that the aim of the conference is to achieve the objectives related to bringing investments, correcting and correcting the trends adopted by financial markets and plans, especially their relationship with financial institutions, as well as with the market elements represented by joint stock companies and brokerage companies, specifically investors.

“The Iraqi Stock Exchange Law speaks about the capital market in Iraq, which consists of key elements supporting the development of the market and the Securities Commission, which is an organization of the rules of instructions needed by the market as well as joint stock companies to disclose their data and review levels of performance annual and quarterly.

Abdul Salam expected that “the meetings of the conference will witness further discussions and meetings between investment companies and those interested in stock markets.”

Read More: http://www.dinarupdates.com/showthread.php?48937-Iraq-Stock-Exchange-discusses-technology-solutions-in-Beirut-for-its-applications

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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.

Read more: http://www.dinarupdates.com/observer/
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Parliament votes tomorrow on the proposed law on the operation of the first graduates

(Baghdad: Al-Furat News) The House of Representatives will resume on Tuesday its regular session to vote on two draft laws.

A statement of the Council, received by the agency {Euphrates News}, a copy of it, tomorrow’s session includes “the completion of the vote on the draft law to reform inmates and depositors, and vote on the proposed law to run the early graduates.”

The meeting will also discuss the recommendations of the Education Committee regarding school buildings and an oral question addressed to the head of the Federal Audit Bureau, as well as the report and discussion of the draft law granting the employee a long standard leave and handling the conditions of the contractors.

The statement said the meeting included “the report and discussion of the draft law on the residence of foreigners, and the report and discussion of the draft law on delegation of powers.”

The House of Representatives lifted on 30 April last, its normal to Tuesday, the ninth of May, after voting on a parliamentary resolution prohibiting the attendance or participation of politicians or officials conferences in and outside Iraq without the consent of the Iraqi authorities.

Read More: http://www.dinarupdates.com/member.php?47292-MadDScout

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Deputy for the citizen: The next battle requires the return of the work of factories stalled

(Baghdad: al-Furat News) The MP from the mass of citizen Mohammed al-Masoudi, on Monday, that the battle of Iraq next requires the return of the work of government plants stalled.

“There are instructions issued to the local governments not to approve and according to the powers granted to them to promote the transfer of employees of the Ministry of Industry and Minerals to the rest of the ministries to preserve the competencies in them and not to empty, and because the Iraqi industry and only The future vision of both the Iraqi parliament and the federal government is on the verge of a major industrial boom. ”

He added that “the Iraqi industry suffers from several problems trying both the parliament and the government to eliminate or reduce them, including the high cost of production of one commodity compared to competition of foreign goods because of high costs of production, especially with regard to energy, in addition to the financial allocations related to loans Support and facilities for the establishment of Iraqi national industries and the reluctance of the investor to enter the Iraqi market for lack of financial cover and a strong bank protects him.

He pointed out that “the federal government is working on the abolition of the Bramir law on the settlement of the salaries of industry and dependence on the advances granted by the government, and thus deprive workers in this sector of financial allocations and irregular in their salaries and their withdrawal to the ministries that may provide them with these financial resources.”

Masoudi pointed out that “the battle of Iraq next will be in one aspect save hundreds of government factories stalled and return them to the ranks of Arab industry at least.”

Read More:  http://www.dinarupdates.com/showthread.php?48933-Deputy-for-the-citizen-The-next-battle-requires-the-return-of-the-work-of-factories

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Central Bank Governor: no room to cancel the sale of the dollar window, if canceled, the exchange rate has become 3 or 4 thousand, and perhaps more

Economy News / special – He said the governor of the Central Bank of Iraq on the Keywords to stop selling the dollar through selling currencies in the bank window will lead to the collapse of the Iraqi dinar financial situation in Iraq in general, stressing say that the central bank is obliged to do the job, even refrained from performing the role of the collapsed financial situation in Iraq.

Keywords and said in an interview conducted by the envoy of the agency “Economy News” on the sidelines of the annual conference of the Union of Arab Banks held in Beirut recently Waglguena sale Atarlasubh window Sarsrv Atarmabin 3 and 4 thousand dinars, and perhaps more.

He said the governor also Sndpartya case cancellation window printed currency to trillions of Aldnaniralaracah annually to cover the local need for dinars, will lead to Iraq’s infrastructure to Anhiaralamlh because of inflation, known as Oma cash excessive.

On the prospects of floating Aldenarabraghi, similar to other countries in the region, Keywords said that it is Matrouh sealed now, and we are working on editing currency and not float, a large difference between the two

Keywords denied the existence of the currency auction in the central bank, but the sale of foreign currency window, stressing that the central mediator between the Ministry of Finance and the public is not only.

Turning to the experience of Lebanon and Jordan, in the field of maintaining the stability of their currency, pointing out that the situation in Iraq is different

He noted that the solution in Iraq is to reduce the demand for the dollar through the structure of the Iraqi economy is correct, and not through the sizes for the sale of the dollar.

The governor stressed the central bank sought to settle the salaries of employees in private banks, confirming the existence of a trend for the resettlement of all Iraqi employees’ salaries next year 2017 in the banks.

Welcomed the Governor of the Central Bank of any request to host the House of Representatives, stressing the importance of the meeting with the parliament, on the basis of the fact that monetary policy is the issue of specialty can not be addressed from afar, or through skirmishes and analysis is accurate.

This will be Nherns dialogue with the governor in Aladeddakadm magazine Iraqi banks issued by the Iraqi Association of private banks.

Economy-news.net

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 Iraqi Dinar/Dollar auction 05-11-17 (most recent listing)

Currency Auctions Announcement No. 3440

This daily currency auction was held in the Central Bank of Iraq on the 05-10-2017

DETAILS NOTES
Number of banks 36
Number of remittance companies 11
Amount sold at auction price (US$) 158,948,706
Amount purchased at Auction price (US$) —–
Total offers for buying (US$) 158,948,706
Total offers for selling (US$) —–

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

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CURRENCY CODE SELL BUY
US dollar USD 1184.000 1182.000
Euro EUR 1288.429 1287.785
British pound GBP 1532.925 1532.158
Canadian dollar CAD 867.209 866.775
Swiss franc CHF 1176.003 1175.415
Swedish krona SEK 133.363 133.297
Norwegian krone NOK 136.435 136.367
Danish krone DKK 173.155 173.069
Japanese yen JPY 10.400 10.394
Special
Drawing Rights
SDR 1617.368 1616.559

Indicative rates – 05.12.2017

http://www.cbi.iq

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Dinar Daily NEWS Blog – May 12th

Kaperoni (Dinar Guru) –    Article:  “ATMs for MasterCard card users”  Quote:  “The Ministry of Communications coordinated the establishment of ATM for users of the card (master card) through its outlets in post offices in Baghdad and the provinces.”   IMO, these types are articles only tell us currency reform is coming sooner than later.
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Abadi discusses with US Central Command Mosul operations

BAGHDAD (Reuters) – Prime Minister Haider al-Abadi on Thursday discussed with the commander of the US Central Central Command the process of liberating the city of Mosul.

A statement issued by the Prime Minister’s Office said that Abbadi received in his office Thursday the commander of the Central American Central Command General Joseph Fotil and his accompanying delegation. During the meeting, they discussed the progress of the liberation of Mosul and the victories achieved and the arming and training of our armed forces. To the situation in the region. ”

General Voetel reiterated his country’s support for Iraq in the fight against terrorism, praising “the progress and development of Iraqi forces and the achievement of victories over terrorist gangs.”

Read more: http://www.dinarupdates.com/showthread.php?49066-Abadi-discusses-with-US-Central-Command-Mosul-operations
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Follow us on twitter @DinarUpdates !!

follow Dinar Updates on twitterDinar Updates – “News Time” w/BGG & Company!! May 14th  –  7:30 pm CST – In the DU Chat Room!!

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Security forces foil IS attack on military checkpoint in Hama, destroy vehicles in Wadi Uzaib

Hama (SyriaNews.media) Syrian Arab Army forces, on Wednesday, destroyed two vehicles belonging to the Islamic State group in Wadi al-Uzaib area, while foiled an attack on military checkpoints, in eastern Hama, a source told the Syrian News Agency.

The source said that an army battalion engaged in clashes with the Islamic State militants that attacked military checkpoints, in Salmeya area, in eastern Hama.

Security forces managed to foil the attack, after killing several terrorists of the Islamic State and destroying their armed vehicles, the source added.

Meanwhile, army forces also destroyed two vehicles, including an armed one, belonging to the terrorist group, in Wadi al-Uzaib area, east of Salmeya City.

Read more:  http://www.dinarupdates.com/showthread.php?49048-Security-forces-foil-IS-attack-on-military-checkpoint-in-Hama

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U.S. to arm Syrian Kurds fighting Islamic State, despite Turkey’s ire

(Reuters) Despite fierce opposition from NATO ally Turkey, U.S. President Donald Trump has approved supplying arms to Kurdish YPG fighters to support an operation to retake the Syrian city of Raqqa from Islamic State, U.S. officials said on Tuesday.

Ankara views the Kurdish YPG militia, fighting within a larger U.S.-backed coalition, as the Syrian extension of the Kurdish PKK militant group, which has fought an insurgency in southeastern Turkey since 1984.

There was no immediate reaction from Turkey, whose president, Tayyip Erdogan, is expected to meet Trump in Washington next week.
The Pentagon immediately sought to stress that it saw arming the Kurdish forces “as necessary to ensure a clear victory” in Raqqa, Islamic State’s de facto capital in Syria and a hub for planning the group’s attacks against the West.

“We are keenly aware of the security concerns of our coalition partner Turkey,” Pentagon spokeswoman Dana White said in a statement as she traveled in Lithuania with defense secretary Jim Mattis.

“We want to reassure the people and government of Turkey that the U.S. is committed to preventing additional security risks and protecting our NATO ally,” White said.
The United States has long directly supplied arms to the Arab components of the so-called Syrian Democratic Forces, which include YPG fighters. White said Washington would still prioritize supplying those Arab fighters within the SDF.

One U.S. official, speaking on condition of anonymity, said the equipment for the Kurdish fighters could include small arms, ammunition, machine guns, armored vehicles and engineering equipment.

Equipment provided to the SDF would be limited, specific to a mission and provided “incrementally as objectives are reached” White said.

STRAIN ON ALLIANCE

The U.S. alliance with Turkey has proven decisive in the battle against Islamic State in Syria, providing the coalition with access to Turkey’s Incirlik air base to wage strikes against the militants, officials say.

Mattis, speaking before the announcement to reporters in Denmark and after talks with coalition members, sounded upbeat about working through tensions with Ankara.
“Our intent is to work with the Turks, alongside one another, to take Raqqa down, and we’re going to sort it out and we’ll figure out how we’re going to do it,” Mattis said.
Mattis called Turkish Defense Minister Fikri Isik on Tuesday, the Pentagon said. It was unclear how Isik responded but the Pentagon said that both “affirmed their support for peace and stability in both Iraq and Syria.”

The decision to arm the Syrian Kurds will likely cast a shadow over Erdogan’s visit to Washington, policy experts said.

“There have been bad episodes in the relationship between the United States and Turkey, but this one is serious because it gets to the heart of Turkish security priorities,” said Bulent Aliriza, director of the Turkey project at the Center for Strategic and International Studies in Washington.

“You’ve now got a question mark over the U.S.-Turkish security relationship that is pretty serious,” Aliriza said.

Ankara had long argued that Washington should switch support for the planned assault on Raqqa from the Kurdish YPG militia to Syrian rebels Turkey has trained and led against Islamic State for the past year.

But the U.S. administration was skeptical that the Turkish-backed force was large enough or sufficiently trained.

White appeared to allude to that conclusion when she said: “The SDF, partnered with enabling support from U.S. and coalition forces, are the only force on the ground that can successfully seize Raqqa in the near future.”

Saleh Muslim, co-chair of the Syrian Kurdish PYD party, the YPG’s political affiliate, said the U.S. decision was expected.

“The Raqqa campaign is running in parallel with the international coalition against terrorism. It’s natural that they would provide weapons” to the SDF and the armed groups fighting as part of it, Muslim said.

In a sign of recent tensions, Turkish warplanes carried out air strikes against Kurdish YPG fighters in northeastern Syria and Iraq’s Sinjar region late last month, killing less than 30 fighters, according to one estimate.

The United States has played down Turkish accusations of links between the YPG and PKK. Ankara believes the YPG’s advances will fuel anti-Kurdish sentiment in predominantly Arab parts of Syria such as Raqqa, and threaten Syria’s territorial integrity.

Read more: http://www.dinarupdates.com/showthread.php?49052-Middle-East-U-S-to-arm-Syrian-Kurds-fighting-Islamic-State-despite-Turkey%92s-ire

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WATCH: Peshmerga win support from US Congress

Tanks belonging to the Kurdistan Region Peshmerga. (Photo: Archive)
Tag : United States Peshmerga US Congress Tom Cole John Carter

WASHINGTON DC, United States (Kurdistan24) – In interviews with Kurdistan24, two Republican Congressman spoke very highly of the Peshmerga.

The role the Peshmerga have played in fighting the Islamic State (IS) has won the Kurds and their aspirations a very sympathetic hearing in Washington.

Tom Cole, who represents Oklahoma’s 4th Congressional District, and John Carter, from Texas’ 31st District, each expressed their deep appreciation.

“They’ve been tremendous. Best troops on the ground, without a doubt,” Cole stated.

“Most reliable ally from the American standpoint. Most dangerous enemy from [IS’] standpoint,” he added.

Carter spoke similarly. “The Kurds have really been stand-up fighters since day one,” he affirmed. “They’ve certainly proven their worth to the fight.”

Both Congressmen sit on the House Appropriations Committee, and both of their districts include major US Army bases: Ft. Sill in Oklahoma and Ft. Hood, the world’s largest military installation, in Texas.

Thus, these two Congressmen pay particular attention to the conflicts in which the US Army is engaged.

One important question involves US plans for its security architecture in the area after IS is defeated as a conventional military force. Should the US continue to maintain a military base in the Kurdistan Region?

Kurdistan24 asked Cole if he would favor such an idea, and the Oklahoma Congressman responded enthusiastically.

“As long as our Kurdish friends support that, and I think they would,” he responded. Cole noted the US had a very positive experience there.

“That’s been an area that we can operate out of stably,” he said, “and frankly, where we’ve got a supportive local population.”

Cole further explained, “The lesson of [IS] is that we left too soon.” We failed to secure our “hard-won victories in Iraq,” he said, “and I hope that we don’t make that mistake again.”

Read more: http://www.dinarupdates.com/showthread.php?48990-WATCH-Peshmerga-win-support-from-US-Congress
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Abadi receives a delegation from the US Congress

(Baghdad: al-Furat News) Prime Minister Haider al-Abadi received on Thursday a delegation from the US Congress.

A statement from the Prime Minister’s office received a delegation from the US Congress, led by Congressman Martha Robbie, in the office of the Prime Minister, who received the congratulations of the Iraqi forces’ victories against gangs, Iraq and the United States of America. ”

During the meeting, the statement stressed the importance of supporting Iraqi women and their role in Iraqi society and building the state

Read More:  http://www.dinarupdates.com/showthread.php?49065-Abadi-receives-a-delegation-from-the-US-Congress

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By the map .. What remains of the occupation of Ayman Mosul and his proportion of the city?

The Joint Operations Command / Military Information Cell published the latest map on the right side of the city of Mosul, and how much space is occupied by terrorist gangs.

According to the map received by the agency of all Iraq [where] a copy of it to “the presence of a caller in 10% of the west side of the city.”

The chief of staff of the Iraqi army, Major General Othman al-Ghanmi, had predicted the end of last month that the liberation of the right side and the liberation of the city of Mosul entirely from the gangs of terrorist preachers before the month of Ramadan next, which ends the month of May.

Read more:  http://www.dinarupdates.com/showthread.php?49067-By-the-map-What-remains-of-the-occupation-of-Ayman-Mosul-and-his-proportion-of-the

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Next Monday deadline to vote on the draft law reform guests 

House of Representatives postponed on Tuesday in its vote on the draft law reform guests.
According to a parliamentary source told all of Iraq [where] that “the House of Representatives identified on Monday as the deadline for a vote on legislator law

Read More:  http://www.dinarupdates.com/showthread.php?49000-Next-Monday-deadline-to-vote-on-the-draft-law-reform-guests-2017-5-9

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Today and every day, the state of Israel and her people bear witness to God’s faithfulness as well as their own.  – Vice President, Mike Pence

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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/
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Jubouri and his Romanian counterpart sign an agreement of cooperation and exchange of experiences

Speaker of the House of Representatives Salim al-Jubouri signed a joint agreement with his Romanian counterpart Liviu Draganya on Monday to increase understanding on coordination and exchange of experiences.

“The Speaker of the House of Representatives Salim Al-Jubouri met on Monday with the Speaker of the Romanian House of Representatives, Livyu Draganya,” the statement said. “During the meeting, they discussed bilateral relations between the two friendly countries and means of enhancing joint cooperation on all levels. During the meeting signed a memorandum of understanding between the two parliaments conducive to more coordination and cooperation and exchange of experiences.

“The meeting discussed the importance of opening new horizons for cooperation at the parliamentary level. The speaker stressed the need to exchange experiences and improve the performance of the workers in the legislative institution,” he said.

“Parliament is keen to push for further economic and trade cooperation with Romania, In Iraq, especially in the reconstruction of areas liberated from the organization of the terrorist advocate. ”

For his part, Liviu Dragania confirmed his country’s support for Iraq in its fight against terrorism and its readiness to provide support and assistance.

Al-Jubouri arrived in Romania on Saturday on a two-day official visit to meet with officials there to discuss ways to develop and strengthen bilateral relations, especially at the parliamentary level.

Read More: http://www.dinarupdates.com/showthread.php?48940-Jubouri-and-his-Romanian-counterpart-sign-an-agreement-of-cooperation-and-exchange-of

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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.

Read more: http://www.dinarupdates.com/observer/
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Iraq Stock Exchange discusses technology solutions in Beirut for its applications

BAGHDAD – The Iraqi stock market opened Monday in the Lebanese capital of Beirut its conference on the applications and solutions of technology trading securities, stressing the need to bring investments to the securities market.

“The conference is currently being held in the Lebanese capital of Beirut, the second of its kind since last year in the United Arab Emirates. There were also conferences and workshops between the two conferences,” said Taha Ahmed Abdel Salam, A knot inside Iraq and yielded positive results supported the market in his work. ” He added that “the conference was attended by a group of senior officials of the Central Bank of Iraq and a number of ministries of the Iraqi state, adding brokerage firms and international investment companies.”

He pointed out that the aim of the conference is to achieve the objectives related to bringing investments, correcting and correcting the trends adopted by financial markets and plans, especially their relationship with financial institutions, as well as with the market elements represented by joint stock companies and brokerage companies, specifically investors.

“The Iraqi Stock Exchange Law speaks about the capital market in Iraq, which consists of key elements supporting the development of the market and the Securities Commission, which is an organization of the rules of instructions needed by the market as well as joint stock companies to disclose their data and review levels of performance annual and quarterly.

Abdul Salam expected that “the meetings of the conference will witness further discussions and meetings between investment companies and those interested in stock markets.”

Read More: http://www.dinarupdates.com/showthread.php?48937-Iraq-Stock-Exchange-discusses-technology-solutions-in-Beirut-for-its-applications

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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.

Read more: http://www.dinarupdates.com/observer/
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Parliament votes tomorrow on the proposed law on the operation of the first graduates

(Baghdad: Al-Furat News) The House of Representatives will resume on Tuesday its regular session to vote on two draft laws.

A statement of the Council, received by the agency {Euphrates News}, a copy of it, tomorrow’s session includes “the completion of the vote on the draft law to reform inmates and depositors, and vote on the proposed law to run the early graduates.”

The meeting will also discuss the recommendations of the Education Committee regarding school buildings and an oral question addressed to the head of the Federal Audit Bureau, as well as the report and discussion of the draft law granting the employee a long standard leave and handling the conditions of the contractors.

The statement said the meeting included “the report and discussion of the draft law on the residence of foreigners, and the report and discussion of the draft law on delegation of powers.”

The House of Representatives lifted on 30 April last, its normal to Tuesday, the ninth of May, after voting on a parliamentary resolution prohibiting the attendance or participation of politicians or officials conferences in and outside Iraq without the consent of the Iraqi authorities.

Read More: http://www.dinarupdates.com/member.php?47292-MadDScout

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Deputy for the citizen: The next battle requires the return of the work of factories stalled

(Baghdad: al-Furat News) The MP from the mass of citizen Mohammed al-Masoudi, on Monday, that the battle of Iraq next requires the return of the work of government plants stalled.

“There are instructions issued to the local governments not to approve and according to the powers granted to them to promote the transfer of employees of the Ministry of Industry and Minerals to the rest of the ministries to preserve the competencies in them and not to empty, and because the Iraqi industry and only The future vision of both the Iraqi parliament and the federal government is on the verge of a major industrial boom. ”

He added that “the Iraqi industry suffers from several problems trying both the parliament and the government to eliminate or reduce them, including the high cost of production of one commodity compared to competition of foreign goods because of high costs of production, especially with regard to energy, in addition to the financial allocations related to loans Support and facilities for the establishment of Iraqi national industries and the reluctance of the investor to enter the Iraqi market for lack of financial cover and a strong bank protects him.

He pointed out that “the federal government is working on the abolition of the Bramir law on the settlement of the salaries of industry and dependence on the advances granted by the government, and thus deprive workers in this sector of financial allocations and irregular in their salaries and their withdrawal to the ministries that may provide them with these financial resources.”

Masoudi pointed out that “the battle of Iraq next will be in one aspect save hundreds of government factories stalled and return them to the ranks of Arab industry at least.”

Read More:  http://www.dinarupdates.com/showthread.php?48933-Deputy-for-the-citizen-The-next-battle-requires-the-return-of-the-work-of-factories

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Central Bank Governor: no room to cancel the sale of the dollar window, if canceled, the exchange rate has become 3 or 4 thousand, and perhaps more

Economy News / special – He said the governor of the Central Bank of Iraq on the Keywords to stop selling the dollar through selling currencies in the bank window will lead to the collapse of the Iraqi dinar financial situation in Iraq in general, stressing say that the central bank is obliged to do the job, even refrained from performing the role of the collapsed financial situation in Iraq.

Keywords and said in an interview conducted by the envoy of the agency “Economy News” on the sidelines of the annual conference of the Union of Arab Banks held in Beirut recently Waglguena sale Atarlasubh window Sarsrv Atarmabin 3 and 4 thousand dinars, and perhaps more.

He said the governor also Sndpartya case cancellation window printed currency to trillions of Aldnaniralaracah annually to cover the local need for dinars, will lead to Iraq’s infrastructure to Anhiaralamlh because of inflation, known as Oma cash excessive.

On the prospects of floating Aldenarabraghi, similar to other countries in the region, Keywords said that it is Matrouh sealed now, and we are working on editing currency and not float, a large difference between the two

Keywords denied the existence of the currency auction in the central bank, but the sale of foreign currency window, stressing that the central mediator between the Ministry of Finance and the public is not only.

Turning to the experience of Lebanon and Jordan, in the field of maintaining the stability of their currency, pointing out that the situation in Iraq is different

He noted that the solution in Iraq is to reduce the demand for the dollar through the structure of the Iraqi economy is correct, and not through the sizes for the sale of the dollar.

The governor stressed the central bank sought to settle the salaries of employees in private banks, confirming the existence of a trend for the resettlement of all Iraqi employees’ salaries next year 2017 in the banks.

Welcomed the Governor of the Central Bank of any request to host the House of Representatives, stressing the importance of the meeting with the parliament, on the basis of the fact that monetary policy is the issue of specialty can not be addressed from afar, or through skirmishes and analysis is accurate.

This will be Nherns dialogue with the governor in Aladeddakadm magazine Iraqi banks issued by the Iraqi Association of private banks.

Economy-news.net

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 Iraqi Dinar/Dollar auction 05-11-17 (most recent listing)

Currency Auctions Announcement No. 3440

This daily currency auction was held in the Central Bank of Iraq on the 05-10-2017

DETAILS NOTES
Number of banks 36
Number of remittance companies 11
Amount sold at auction price (US$) 158,948,706
Amount purchased at Auction price (US$) —–
Total offers for buying (US$) 158,948,706
Total offers for selling (US$) —–

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

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CURRENCY CODE SELL BUY
US dollar USD 1184.000 1182.000
Euro EUR 1288.429 1287.785
British pound GBP 1532.925 1532.158
Canadian dollar CAD 867.209 866.775
Swiss franc CHF 1176.003 1175.415
Swedish krona SEK 133.363 133.297
Norwegian krone NOK 136.435 136.367
Danish krone DKK 173.155 173.069
Japanese yen JPY 10.400 10.394
Special
Drawing Rights
SDR 1617.368 1616.559

Indicative rates – 05.12.2017

http://www.cbi.iq

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Dinar Daily NEWS Blog – May 11th

Abadi discusses with US Central Command Mosul operations

BAGHDAD (Reuters) – Prime Minister Haider al-Abadi on Thursday discussed with the commander of the US Central Central Command the process of liberating the city of Mosul.

A statement issued by the Prime Minister’s Office said that Abbadi received in his office Thursday the commander of the Central American Central Command General Joseph Fotil and his accompanying delegation. During the meeting, they discussed the progress of the liberation of Mosul and the victories achieved and the arming and training of our armed forces. To the situation in the region. ”

General Voetel reiterated his country’s support for Iraq in the fight against terrorism, praising “the progress and development of Iraqi forces and the achievement of victories over terrorist gangs.”

Read more: http://www.dinarupdates.com/showthread.php?49066-Abadi-discusses-with-US-Central-Command-Mosul-operations
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Security forces foil IS attack on military checkpoint in Hama, destroy vehicles in Wadi Uzaib

Hama (SyriaNews.media) Syrian Arab Army forces, on Wednesday, destroyed two vehicles belonging to the Islamic State group in Wadi al-Uzaib area, while foiled an attack on military checkpoints, in eastern Hama, a source told the Syrian News Agency.

The source said that an army battalion engaged in clashes with the Islamic State militants that attacked military checkpoints, in Salmeya area, in eastern Hama.

Security forces managed to foil the attack, after killing several terrorists of the Islamic State and destroying their armed vehicles, the source added.

Meanwhile, army forces also destroyed two vehicles, including an armed one, belonging to the terrorist group, in Wadi al-Uzaib area, east of Salmeya City.

Read more:  http://www.dinarupdates.com/showthread.php?49048-Security-forces-foil-IS-attack-on-military-checkpoint-in-Hama

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U.S. to arm Syrian Kurds fighting Islamic State, despite Turkey’s ire

(Reuters) Despite fierce opposition from NATO ally Turkey, U.S. President Donald Trump has approved supplying arms to Kurdish YPG fighters to support an operation to retake the Syrian city of Raqqa from Islamic State, U.S. officials said on Tuesday.

Ankara views the Kurdish YPG militia, fighting within a larger U.S.-backed coalition, as the Syrian extension of the Kurdish PKK militant group, which has fought an insurgency in southeastern Turkey since 1984.

There was no immediate reaction from Turkey, whose president, Tayyip Erdogan, is expected to meet Trump in Washington next week.
The Pentagon immediately sought to stress that it saw arming the Kurdish forces “as necessary to ensure a clear victory” in Raqqa, Islamic State’s de facto capital in Syria and a hub for planning the group’s attacks against the West.

“We are keenly aware of the security concerns of our coalition partner Turkey,” Pentagon spokeswoman Dana White said in a statement as she traveled in Lithuania with defense secretary Jim Mattis.

“We want to reassure the people and government of Turkey that the U.S. is committed to preventing additional security risks and protecting our NATO ally,” White said.
The United States has long directly supplied arms to the Arab components of the so-called Syrian Democratic Forces, which include YPG fighters. White said Washington would still prioritize supplying those Arab fighters within the SDF.

One U.S. official, speaking on condition of anonymity, said the equipment for the Kurdish fighters could include small arms, ammunition, machine guns, armored vehicles and engineering equipment.

Equipment provided to the SDF would be limited, specific to a mission and provided “incrementally as objectives are reached” White said.

STRAIN ON ALLIANCE

The U.S. alliance with Turkey has proven decisive in the battle against Islamic State in Syria, providing the coalition with access to Turkey’s Incirlik air base to wage strikes against the militants, officials say.

Mattis, speaking before the announcement to reporters in Denmark and after talks with coalition members, sounded upbeat about working through tensions with Ankara.
“Our intent is to work with the Turks, alongside one another, to take Raqqa down, and we’re going to sort it out and we’ll figure out how we’re going to do it,” Mattis said.
Mattis called Turkish Defense Minister Fikri Isik on Tuesday, the Pentagon said. It was unclear how Isik responded but the Pentagon said that both “affirmed their support for peace and stability in both Iraq and Syria.”

The decision to arm the Syrian Kurds will likely cast a shadow over Erdogan’s visit to Washington, policy experts said.

“There have been bad episodes in the relationship between the United States and Turkey, but this one is serious because it gets to the heart of Turkish security priorities,” said Bulent Aliriza, director of the Turkey project at the Center for Strategic and International Studies in Washington.

“You’ve now got a question mark over the U.S.-Turkish security relationship that is pretty serious,” Aliriza said.

Ankara had long argued that Washington should switch support for the planned assault on Raqqa from the Kurdish YPG militia to Syrian rebels Turkey has trained and led against Islamic State for the past year.

But the U.S. administration was skeptical that the Turkish-backed force was large enough or sufficiently trained.

White appeared to allude to that conclusion when she said: “The SDF, partnered with enabling support from U.S. and coalition forces, are the only force on the ground that can successfully seize Raqqa in the near future.”

Saleh Muslim, co-chair of the Syrian Kurdish PYD party, the YPG’s political affiliate, said the U.S. decision was expected.

“The Raqqa campaign is running in parallel with the international coalition against terrorism. It’s natural that they would provide weapons” to the SDF and the armed groups fighting as part of it, Muslim said.

In a sign of recent tensions, Turkish warplanes carried out air strikes against Kurdish YPG fighters in northeastern Syria and Iraq’s Sinjar region late last month, killing less than 30 fighters, according to one estimate.

The United States has played down Turkish accusations of links between the YPG and PKK. Ankara believes the YPG’s advances will fuel anti-Kurdish sentiment in predominantly Arab parts of Syria such as Raqqa, and threaten Syria’s territorial integrity.

Read more: http://www.dinarupdates.com/showthread.php?49052-Middle-East-U-S-to-arm-Syrian-Kurds-fighting-Islamic-State-despite-Turkey%92s-ire

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WATCH: Peshmerga win support from US Congress

Tanks belonging to the Kurdistan Region Peshmerga. (Photo: Archive)
Tag : United States Peshmerga US Congress Tom Cole John Carter

WASHINGTON DC, United States (Kurdistan24) – In interviews with Kurdistan24, two Republican Congressman spoke very highly of the Peshmerga.

The role the Peshmerga have played in fighting the Islamic State (IS) has won the Kurds and their aspirations a very sympathetic hearing in Washington.

Tom Cole, who represents Oklahoma’s 4th Congressional District, and John Carter, from Texas’ 31st District, each expressed their deep appreciation.

“They’ve been tremendous. Best troops on the ground, without a doubt,” Cole stated.

“Most reliable ally from the American standpoint. Most dangerous enemy from [IS’] standpoint,” he added.

Carter spoke similarly. “The Kurds have really been stand-up fighters since day one,” he affirmed. “They’ve certainly proven their worth to the fight.”

Both Congressmen sit on the House Appropriations Committee, and both of their districts include major US Army bases: Ft. Sill in Oklahoma and Ft. Hood, the world’s largest military installation, in Texas.

Thus, these two Congressmen pay particular attention to the conflicts in which the US Army is engaged.

One important question involves US plans for its security architecture in the area after IS is defeated as a conventional military force. Should the US continue to maintain a military base in the Kurdistan Region?

Kurdistan24 asked Cole if he would favor such an idea, and the Oklahoma Congressman responded enthusiastically.

“As long as our Kurdish friends support that, and I think they would,” he responded. Cole noted the US had a very positive experience there.

“That’s been an area that we can operate out of stably,” he said, “and frankly, where we’ve got a supportive local population.”

Cole further explained, “The lesson of [IS] is that we left too soon.” We failed to secure our “hard-won victories in Iraq,” he said, “and I hope that we don’t make that mistake again.”

Read more: http://www.dinarupdates.com/showthread.php?48990-WATCH-Peshmerga-win-support-from-US-Congress
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Abadi receives a delegation from the US Congress

(Baghdad: al-Furat News) Prime Minister Haider al-Abadi received on Thursday a delegation from the US Congress.

A statement from the Prime Minister’s office received a delegation from the US Congress, led by Congressman Martha Robbie, in the office of the Prime Minister, who received the congratulations of the Iraqi forces’ victories against gangs, Iraq and the United States of America. ”

During the meeting, the statement stressed the importance of supporting Iraqi women and their role in Iraqi society and building the state

Read More:  http://www.dinarupdates.com/showthread.php?49065-Abadi-receives-a-delegation-from-the-US-Congress

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By the map .. What remains of the occupation of Ayman Mosul and his proportion of the city?

The Joint Operations Command / Military Information Cell published the latest map on the right side of the city of Mosul, and how much space is occupied by terrorist gangs.

According to the map received by the agency of all Iraq [where] a copy of it to “the presence of a caller in 10% of the west side of the city.”

The chief of staff of the Iraqi army, Major General Othman al-Ghanmi, had predicted the end of last month that the liberation of the right side and the liberation of the city of Mosul entirely from the gangs of terrorist preachers before the month of Ramadan next, which ends the month of May.

Read more:  http://www.dinarupdates.com/showthread.php?49067-By-the-map-What-remains-of-the-occupation-of-Ayman-Mosul-and-his-proportion-of-the

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Next Monday deadline to vote on the draft law reform guests 

House of Representatives postponed on Tuesday in its vote on the draft law reform guests.
According to a parliamentary source told all of Iraq [where] that “the House of Representatives identified on Monday as the deadline for a vote on legislator law

Read More:  http://www.dinarupdates.com/showthread.php?49000-Next-Monday-deadline-to-vote-on-the-draft-law-reform-guests-2017-5-9

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Today and every day, the state of Israel and her people bear witness to God’s faithfulness as well as their own.  – Vice President, Mike Pence

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Phillyman (Dinar Guru) –   Article:  “Mosul to be fully liberated within few days: Military official”   Quote:  “Chief of Staff of the Iraqi army Gen. Osman al-Ghanemi said on Saturday Mosul will be declared completely ISIS-free within few days.”   Don’t know why these guys keep throwing out predictions but here we go again

Read more: http://www.dinarupdates.com/observer/
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Jubouri and his Romanian counterpart sign an agreement of cooperation and exchange of experiences

Speaker of the House of Representatives Salim al-Jubouri signed a joint agreement with his Romanian counterpart Liviu Draganya on Monday to increase understanding on coordination and exchange of experiences.

“The Speaker of the House of Representatives Salim Al-Jubouri met on Monday with the Speaker of the Romanian House of Representatives, Livyu Draganya,” the statement said. “During the meeting, they discussed bilateral relations between the two friendly countries and means of enhancing joint cooperation on all levels. During the meeting signed a memorandum of understanding between the two parliaments conducive to more coordination and cooperation and exchange of experiences.

“The meeting discussed the importance of opening new horizons for cooperation at the parliamentary level. The speaker stressed the need to exchange experiences and improve the performance of the workers in the legislative institution,” he said.

“Parliament is keen to push for further economic and trade cooperation with Romania, In Iraq, especially in the reconstruction of areas liberated from the organization of the terrorist advocate. ”

For his part, Liviu Dragania confirmed his country’s support for Iraq in its fight against terrorism and its readiness to provide support and assistance.

Al-Jubouri arrived in Romania on Saturday on a two-day official visit to meet with officials there to discuss ways to develop and strengthen bilateral relations, especially at the parliamentary level.

Read More: http://www.dinarupdates.com/showthread.php?48940-Jubouri-and-his-Romanian-counterpart-sign-an-agreement-of-cooperation-and-exchange-of

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Aggiedad77 (Dinar Guru) –   […you think Dr. S [Shabibi] would show up when Trump decides to go and congratulate A [Abadi]?  It would be a great day to see the 3 of them make the announcement all together.  Correct me if I’m wrong but if we don’t get an announcement before Ramadan it will be more than likely after and would be a great gift to the country.]  It’s been said before that Dr. Shabibi is enjoying his retirement in Switzerland…don’t look for him to come back…he knows his country is in good hands…with Abadi and Allak.   As for Ramadan…who truly knows…I just know…I have a feeling…with money that has been moved…vast amounts of it…with changes in prices that we’ve witnessed…with the changes in salary payments that we’ve seen…something IMO needs to happen…and by all rights it should happen well before Ramadan.

Read more: http://www.dinarupdates.com/observer/
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Iraq Stock Exchange discusses technology solutions in Beirut for its applications

BAGHDAD – The Iraqi stock market opened Monday in the Lebanese capital of Beirut its conference on the applications and solutions of technology trading securities, stressing the need to bring investments to the securities market.

“The conference is currently being held in the Lebanese capital of Beirut, the second of its kind since last year in the United Arab Emirates. There were also conferences and workshops between the two conferences,” said Taha Ahmed Abdel Salam, A knot inside Iraq and yielded positive results supported the market in his work. ” He added that “the conference was attended by a group of senior officials of the Central Bank of Iraq and a number of ministries of the Iraqi state, adding brokerage firms and international investment companies.”

He pointed out that the aim of the conference is to achieve the objectives related to bringing investments, correcting and correcting the trends adopted by financial markets and plans, especially their relationship with financial institutions, as well as with the market elements represented by joint stock companies and brokerage companies, specifically investors.

“The Iraqi Stock Exchange Law speaks about the capital market in Iraq, which consists of key elements supporting the development of the market and the Securities Commission, which is an organization of the rules of instructions needed by the market as well as joint stock companies to disclose their data and review levels of performance annual and quarterly.

Abdul Salam expected that “the meetings of the conference will witness further discussions and meetings between investment companies and those interested in stock markets.”

Read More: http://www.dinarupdates.com/showthread.php?48937-Iraq-Stock-Exchange-discusses-technology-solutions-in-Beirut-for-its-applications

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Enorrste (Dinar Guru) –   Article:   “Vice: oversees the United Nations five-year plan for economic development in Iraq”  i agree with KAP [Guru Kaperoni…reference post 5-2-2017]  that the IMF is what she is referring to.  This confirms and ties into what we have known for some time, namely that the IMF is controlling the plans for change at this point.  Furthermore, they are on record that they intend to “bring Iraq into the world market” sometime in the first half of this year.  If they are on schedule then we should expect some significant changes within the next 60 days.  Of course this is Iraq, and even with the control in the hands of he IMF, it is anyone’s guess how long it will take to get to the float.

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

Parliament votes tomorrow on the proposed law on the operation of the first graduates

(Baghdad: Al-Furat News) The House of Representatives will resume on Tuesday its regular session to vote on two draft laws.

A statement of the Council, received by the agency {Euphrates News}, a copy of it, tomorrow’s session includes “the completion of the vote on the draft law to reform inmates and depositors, and vote on the proposed law to run the early graduates.”

The meeting will also discuss the recommendations of the Education Committee regarding school buildings and an oral question addressed to the head of the Federal Audit Bureau, as well as the report and discussion of the draft law granting the employee a long standard leave and handling the conditions of the contractors.

The statement said the meeting included “the report and discussion of the draft law on the residence of foreigners, and the report and discussion of the draft law on delegation of powers.”

The House of Representatives lifted on 30 April last, its normal to Tuesday, the ninth of May, after voting on a parliamentary resolution prohibiting the attendance or participation of politicians or officials conferences in and outside Iraq without the consent of the Iraqi authorities.

Read More: http://www.dinarupdates.com/member.php?47292-MadDScout

______________________________________________________________

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Deputy for the citizen: The next battle requires the return of the work of factories stalled

(Baghdad: al-Furat News) The MP from the mass of citizen Mohammed al-Masoudi, on Monday, that the battle of Iraq next requires the return of the work of government plants stalled.

“There are instructions issued to the local governments not to approve and according to the powers granted to them to promote the transfer of employees of the Ministry of Industry and Minerals to the rest of the ministries to preserve the competencies in them and not to empty, and because the Iraqi industry and only The future vision of both the Iraqi parliament and the federal government is on the verge of a major industrial boom. ”

He added that “the Iraqi industry suffers from several problems trying both the parliament and the government to eliminate or reduce them, including the high cost of production of one commodity compared to competition of foreign goods because of high costs of production, especially with regard to energy, in addition to the financial allocations related to loans Support and facilities for the establishment of Iraqi national industries and the reluctance of the investor to enter the Iraqi market for lack of financial cover and a strong bank protects him.

He pointed out that “the federal government is working on the abolition of the Bramir law on the settlement of the salaries of industry and dependence on the advances granted by the government, and thus deprive workers in this sector of financial allocations and irregular in their salaries and their withdrawal to the ministries that may provide them with these financial resources.”

Masoudi pointed out that “the battle of Iraq next will be in one aspect save hundreds of government factories stalled and return them to the ranks of Arab industry at least.”

Read More:  http://www.dinarupdates.com/showthread.php?48933-Deputy-for-the-citizen-The-next-battle-requires-the-return-of-the-work-of-factories

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Central Bank Governor: no room to cancel the sale of the dollar window, if canceled, the exchange rate has become 3 or 4 thousand, and perhaps more

Economy News / special – He said the governor of the Central Bank of Iraq on the Keywords to stop selling the dollar through selling currencies in the bank window will lead to the collapse of the Iraqi dinar financial situation in Iraq in general, stressing say that the central bank is obliged to do the job, even refrained from performing the role of the collapsed financial situation in Iraq.

Keywords and said in an interview conducted by the envoy of the agency “Economy News” on the sidelines of the annual conference of the Union of Arab Banks held in Beirut recently Waglguena sale Atarlasubh window Sarsrv Atarmabin 3 and 4 thousand dinars, and perhaps more.

He said the governor also Sndpartya case cancellation window printed currency to trillions of Aldnaniralaracah annually to cover the local need for dinars, will lead to Iraq’s infrastructure to Anhiaralamlh because of inflation, known as Oma cash excessive.

On the prospects of floating Aldenarabraghi, similar to other countries in the region, Keywords said that it is Matrouh sealed now, and we are working on editing currency and not float, a large difference between the two

Keywords denied the existence of the currency auction in the central bank, but the sale of foreign currency window, stressing that the central mediator between the Ministry of Finance and the public is not only.

Turning to the experience of Lebanon and Jordan, in the field of maintaining the stability of their currency, pointing out that the situation in Iraq is different

He noted that the solution in Iraq is to reduce the demand for the dollar through the structure of the Iraqi economy is correct, and not through the sizes for the sale of the dollar.

The governor stressed the central bank sought to settle the salaries of employees in private banks, confirming the existence of a trend for the resettlement of all Iraqi employees’ salaries next year 2017 in the banks.

Welcomed the Governor of the Central Bank of any request to host the House of Representatives, stressing the importance of the meeting with the parliament, on the basis of the fact that monetary policy is the issue of specialty can not be addressed from afar, or through skirmishes and analysis is accurate.

This will be Nherns dialogue with the governor in Aladeddakadm magazine Iraqi banks issued by the Iraqi Association of private banks.

Economy-news.net

______________________________________________________________

 Iraqi Dinar/Dollar auction 05-11-17 (most recent listing)

Currency Auctions Announcement No. 3440

This daily currency auction was held in the Central Bank of Iraq on the 05-10-2017

DETAILS NOTES
Number of banks 36
Number of remittance companies 11
Amount sold at auction price (US$) 158,948,706
Amount purchased at Auction price (US$) —–
Total offers for buying (US$) 158,948,706
Total offers for selling (US$) —–

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

______________________________________________________________

CURRENCY CODE SELL BUY
US dollar USD 1184.000 1182.000
Euro EUR 1288.429 1287.785
British pound GBP 1532.925 1532.158
Canadian dollar CAD 867.209 866.775
Swiss franc CHF 1176.003 1175.415
Swedish krona SEK 133.363 133.297
Norwegian krone NOK 136.435 136.367
Danish krone DKK 173.155 173.069
Japanese yen JPY 10.400 10.394
Special
Drawing Rights
SDR 1617.368 1616.559

Indicative rates – 05.11.2017

http://www.cbi.iq

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Dinar Daily NEWS Blog – May 10th

Stabilization in newly liberated areas in the Ninewah Plains is taking-off

Baghdad- The Government of Iraq and UNDP’s Funding Facility for Stabilization (FFS) re-opened the As-Salamiyah Water Treatment Plant at a ceremony yesterday in Nimrud.

The Treatment Plant, which will provide safe drinking water for hundreds of thousands of people in the Ninewah Plains, is one of the first major stabilization projects to be completed since the Government approved 202 projects in early April.

Almost all of the plant’s equipment, including 19 water pumps, filters and retaining pools, have been replaced or rebuilt and the main electric transmission line between As-Salamiyah and Hamdaniyah has been repaired.

“When the treatment plant wasn’t working all of the water that came from the pipes, if it came at all, was filthy. We had to go to the river to get water, and even that was barely suitable for washing,” said Khalwa, a resident of As-Salamiyah. “The water is much better now. We can even drink from the taps.”

At a ceremony marking the re-opening of the water treatment plant on Sunday, Secretary General of the Council of Ministers, Dr. Mahdi Al-Alaq, said: “We are doing everything we can to help liberated areas rebuild after the destruction caused by terrorist Daesh. Providing basic services, such as clean water, is key to ensuring that displaced Iraqis can return home with dignity.”

UNDP Resident Representative for Iraq, Ms. Lise Grande, said: “The Funding Facility for Stabilization is implementing more than 300 projects in eastern Mosul and liberated cities and districts in the Ninewah Plains. We’re working as quickly as possible to re-establish water and sewage systems and electrical grids. Thousands of people, many from destitute families, are working on public schemes, earning income while they help to rebuild their communities.”

Ms. Grande said: “A lot needs to be done and we have promised the government and the people of Mosul that we will do everything possible to speed-up stabilization.”
Established in June 2015, FFS is working in newly liberated areas in Anbar, Salah al-Din, Ninewah and Diyala Governorates. More than 800 projects are completed or being implemented across 22 locations. Since the start of the crisis, over 1.7 million people have returned to their homes.

Read more: http://www.dinarupdates.com/showthread.php?49025-Stabilization-in-newly-liberated-areas-in-the-Ninewah-Plains-is-taking-off
______________________________________________________________

The young will lead the economy after ISIS

She received information, political and economic circles and popular in most countries of the world win the new French President who does ytgaost (39) years of age (us) to French presidential election, with more than 65% of the vote.

Thus the experience of mature democracy so young lion believes in moderation and vitality and youth leadership in France in all political and economic fields.

Lead us to think that considering his experience in leading a new Renaissance of his country with his love of popular and home to a future Iraq within weeks to move into a new phase in bypass transition in politics and Economics and will move to a new phase a task after ISIS.

Let us be inspired by lessons from the experiences of developed countries and peoples are politically and economically efficient by relying on Iraqi youth and ambition and enlightened leadership in national economy and particularly the economic market and new methodology based money market vitality and determination to overcome the challenges and focus on youth the believer the ability of Iraq’s beloved homeland proud Iraqi Division in the transition to a new phase in the proper construction of the Iraqi economy and banking service with a new spirit carry all the ambitions of young people and provide the best banking products and services to the public in accordance with the bottom look careful development In policies and programmes and visions and adopt modern banking purifications.

Here you should be supporting banks Association youth team steps to achieve this goal, taking advantage of the experiences of previous generations in all economic activities and banking and employment according to their abilities and competencies and youth potential for achieving youth leadership for economic and banking market in the new stage.

Therefore the results of the activity of the Association and particularly young trainees who were trained during the first months of this year and 600 young and her plan to train more than 2000 young people from the banking and media staff this year to guide the youth will lead the economy and banking market soon because I believe whoever earns youth will ensure the future.

Read more: http://www.dinarupdates.com/showthread.php?49013-The-young-will-lead-the-economy-after-ISIS.
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follow Dinar Updates on twitterDinar Updates – “News Time” w/MadDScout & Facebook Crew! May 11th  –  6:30 pm CST – In the DU Chat Room!!

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______________________________________________________________

WATCH: Peshmerga win support from US Congress

Tanks belonging to the Kurdistan Region Peshmerga. (Photo: Archive)
Tag : United States Peshmerga US Congress Tom Cole John Carter

WASHINGTON DC, United States (Kurdistan24) – In interviews with Kurdistan24, two Republican Congressman spoke very highly of the Peshmerga.

The role the Peshmerga have played in fighting the Islamic State (IS) has won the Kurds and their aspirations a very sympathetic hearing in Washington.

Tom Cole, who represents Oklahoma’s 4th Congressional District, and John Carter, from Texas’ 31st District, each expressed their deep appreciation.

“They’ve been tremendous. Best troops on the ground, without a doubt,” Cole stated.

“Most reliable ally from the American standpoint. Most dangerous enemy from [IS’] standpoint,” he added.

Carter spoke similarly. “The Kurds have really been stand-up fighters since day one,” he affirmed. “They’ve certainly proven their worth to the fight.”

Both Congressmen sit on the House Appropriations Committee, and both of their districts include major US Army bases: Ft. Sill in Oklahoma and Ft. Hood, the world’s largest military installation, in Texas.

Thus, these two Congressmen pay particular attention to the conflicts in which the US Army is engaged.

One important question involves US plans for its security architecture in the area after IS is defeated as a conventional military force. Should the US continue to maintain a military base in the Kurdistan Region?

Kurdistan24 asked Cole if he would favor such an idea, and the Oklahoma Congressman responded enthusiastically.

“As long as our Kurdish friends support that, and I think they would,” he responded. Cole noted the US had a very positive experience there.

“That’s been an area that we can operate out of stably,” he said, “and frankly, where we’ve got a supportive local population.”

Cole further explained, “The lesson of [IS] is that we left too soon.” We failed to secure our “hard-won victories in Iraq,” he said, “and I hope that we don’t make that mistake again.”

Read more: http://www.dinarupdates.com/showthread.php?48990-WATCH-Peshmerga-win-support-from-US-Congress
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Iraqi ParliamentIraqi parl’t delays voting on freedom of speech, protest law

Iraqi Parliament Human Rights commission revealed on Wednesday the reasons behind delay on voting on free speech and protest law, The Baghdad Post reported.

The Human Rights commission finished drafting the law and submitted it to the Parliament speaker for vote at Wednesday’s session, the commission chief Arshad al-Salehi said.

Several parliamentary commissions made suggestions and additions to the law and requested to delay voting on it, al-Salehi added.

Human Rights commission will meet with Legal, Media, and Religious Affairs commission to discuss their suggestions and addition to the law.

Read More:  http://www.dinarupdates.com/showthread.php?49046-Iraqi-parl-t-delays-voting-on-freedom-of-speech-protest-law

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Minister: Iran Resumes Exporting Electricity to Iraq

Minister: Iran Resumes Exporting Electricity to Iraq

Iran started exporting electricity to Iraq after the Baghdad government agreed to pay its arrears in different installments, a senior energy official announced.


“Iran’s export of electricity to Iraq stands at about 1,500 megawatts and the figure will fluctuate in different seasons as a result of change in temperature,” Iranian Energy Minister Hamid Chitchian told reporters.

The Iranian energy minister reiterated that the export of electricity to Iraq was halted in late December 2016 immediately after termination of their contract with the Islamic Republic of Iran.

In relevant remarks in early January, Managing Director of Tavanir Electricity Generation, Transmission, and Distribution Company Arash Kordi announced that an Iranian delegation was in Baghdad to renew the contract on Iran’s electricity sales to that country.
“The electricity exports were brought to a halt due to the expiry of the contract and the resumption of the process would require a new amendment to the contract,” Kordi told reporters.

He reiterated that the new agreement needs to be modified in accordance with the current circumstances and the changes in currency prices among other major issues.

Asked about the possibility of an uplift in the volume of electricity exports to Iraq, Kordi said that general conditions had been laid in that regard though the issue would become clear once negotiations become finalized.”

Read more:  http://www.dinarupdates.com/showthread.php?49028-Minister-Iran-Resumes-Exporting-Electricity-to-Iraq

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Next Monday deadline to vote on the draft law reform guests 

House of Representatives postponed on Tuesday in its vote on the draft law reform guests.
According to a parliamentary source told all of Iraq [where] that “the House of Representatives identified on Monday as the deadline for a vote on legislator law

Read More:  http://www.dinarupdates.com/showthread.php?49000-Next-Monday-deadline-to-vote-on-the-draft-law-reform-guests-2017-5-9

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Today and every day, the state of Israel and her people bear witness to God’s faithfulness as well as their own.  – Vice President, Mike Pence

______________________________________________________________

Phillyman (Dinar Guru) –   Article:  “Mosul to be fully liberated within few days: Military official”   Quote:  “Chief of Staff of the Iraqi army Gen. Osman al-Ghanemi said on Saturday Mosul will be declared completely ISIS-free within few days.”   Don’t know why these guys keep throwing out predictions but here we go again

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

Jubouri and his Romanian counterpart sign an agreement of cooperation and exchange of experiences

Speaker of the House of Representatives Salim al-Jubouri signed a joint agreement with his Romanian counterpart Liviu Draganya on Monday to increase understanding on coordination and exchange of experiences.

“The Speaker of the House of Representatives Salim Al-Jubouri met on Monday with the Speaker of the Romanian House of Representatives, Livyu Draganya,” the statement said. “During the meeting, they discussed bilateral relations between the two friendly countries and means of enhancing joint cooperation on all levels. During the meeting signed a memorandum of understanding between the two parliaments conducive to more coordination and cooperation and exchange of experiences.

“The meeting discussed the importance of opening new horizons for cooperation at the parliamentary level. The speaker stressed the need to exchange experiences and improve the performance of the workers in the legislative institution,” he said.

“Parliament is keen to push for further economic and trade cooperation with Romania, In Iraq, especially in the reconstruction of areas liberated from the organization of the terrorist advocate. ”

For his part, Liviu Dragania confirmed his country’s support for Iraq in its fight against terrorism and its readiness to provide support and assistance.

Al-Jubouri arrived in Romania on Saturday on a two-day official visit to meet with officials there to discuss ways to develop and strengthen bilateral relations, especially at the parliamentary level.

Read More: http://www.dinarupdates.com/showthread.php?48940-Jubouri-and-his-Romanian-counterpart-sign-an-agreement-of-cooperation-and-exchange-of

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Aggiedad77 (Dinar Guru) –   […you think Dr. S [Shabibi] would show up when Trump decides to go and congratulate A [Abadi]?  It would be a great day to see the 3 of them make the announcement all together.  Correct me if I’m wrong but if we don’t get an announcement before Ramadan it will be more than likely after and would be a great gift to the country.]  It’s been said before that Dr. Shabibi is enjoying his retirement in Switzerland…don’t look for him to come back…he knows his country is in good hands…with Abadi and Allak.   As for Ramadan…who truly knows…I just know…I have a feeling…with money that has been moved…vast amounts of it…with changes in prices that we’ve witnessed…with the changes in salary payments that we’ve seen…something IMO needs to happen…and by all rights it should happen well before Ramadan.

Read more: http://www.dinarupdates.com/observer/
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Iraq Stock Exchange discusses technology solutions in Beirut for its applications

BAGHDAD – The Iraqi stock market opened Monday in the Lebanese capital of Beirut its conference on the applications and solutions of technology trading securities, stressing the need to bring investments to the securities market.

“The conference is currently being held in the Lebanese capital of Beirut, the second of its kind since last year in the United Arab Emirates. There were also conferences and workshops between the two conferences,” said Taha Ahmed Abdel Salam, A knot inside Iraq and yielded positive results supported the market in his work. ” He added that “the conference was attended by a group of senior officials of the Central Bank of Iraq and a number of ministries of the Iraqi state, adding brokerage firms and international investment companies.”

He pointed out that the aim of the conference is to achieve the objectives related to bringing investments, correcting and correcting the trends adopted by financial markets and plans, especially their relationship with financial institutions, as well as with the market elements represented by joint stock companies and brokerage companies, specifically investors.

“The Iraqi Stock Exchange Law speaks about the capital market in Iraq, which consists of key elements supporting the development of the market and the Securities Commission, which is an organization of the rules of instructions needed by the market as well as joint stock companies to disclose their data and review levels of performance annual and quarterly.

Abdul Salam expected that “the meetings of the conference will witness further discussions and meetings between investment companies and those interested in stock markets.”

Read More: http://www.dinarupdates.com/showthread.php?48937-Iraq-Stock-Exchange-discusses-technology-solutions-in-Beirut-for-its-applications

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Enorrste (Dinar Guru) –   Article:   “Vice: oversees the United Nations five-year plan for economic development in Iraq”  i agree with KAP [Guru Kaperoni…reference post 5-2-2017]  that the IMF is what she is referring to.  This confirms and ties into what we have known for some time, namely that the IMF is controlling the plans for change at this point.  Furthermore, they are on record that they intend to “bring Iraq into the world market” sometime in the first half of this year.  If they are on schedule then we should expect some significant changes within the next 60 days.  Of course this is Iraq, and even with the control in the hands of he IMF, it is anyone’s guess how long it will take to get to the float.

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

Parliament votes tomorrow on the proposed law on the operation of the first graduates

(Baghdad: Al-Furat News) The House of Representatives will resume on Tuesday its regular session to vote on two draft laws.

A statement of the Council, received by the agency {Euphrates News}, a copy of it, tomorrow’s session includes “the completion of the vote on the draft law to reform inmates and depositors, and vote on the proposed law to run the early graduates.”

The meeting will also discuss the recommendations of the Education Committee regarding school buildings and an oral question addressed to the head of the Federal Audit Bureau, as well as the report and discussion of the draft law granting the employee a long standard leave and handling the conditions of the contractors.

The statement said the meeting included “the report and discussion of the draft law on the residence of foreigners, and the report and discussion of the draft law on delegation of powers.”

The House of Representatives lifted on 30 April last, its normal to Tuesday, the ninth of May, after voting on a parliamentary resolution prohibiting the attendance or participation of politicians or officials conferences in and outside Iraq without the consent of the Iraqi authorities.

Read More: http://www.dinarupdates.com/member.php?47292-MadDScout

______________________________________________________________

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Deputy for the citizen: The next battle requires the return of the work of factories stalled

(Baghdad: al-Furat News) The MP from the mass of citizen Mohammed al-Masoudi, on Monday, that the battle of Iraq next requires the return of the work of government plants stalled.

“There are instructions issued to the local governments not to approve and according to the powers granted to them to promote the transfer of employees of the Ministry of Industry and Minerals to the rest of the ministries to preserve the competencies in them and not to empty, and because the Iraqi industry and only The future vision of both the Iraqi parliament and the federal government is on the verge of a major industrial boom. ”

He added that “the Iraqi industry suffers from several problems trying both the parliament and the government to eliminate or reduce them, including the high cost of production of one commodity compared to competition of foreign goods because of high costs of production, especially with regard to energy, in addition to the financial allocations related to loans Support and facilities for the establishment of Iraqi national industries and the reluctance of the investor to enter the Iraqi market for lack of financial cover and a strong bank protects him.

He pointed out that “the federal government is working on the abolition of the Bramir law on the settlement of the salaries of industry and dependence on the advances granted by the government, and thus deprive workers in this sector of financial allocations and irregular in their salaries and their withdrawal to the ministries that may provide them with these financial resources.”

Masoudi pointed out that “the battle of Iraq next will be in one aspect save hundreds of government factories stalled and return them to the ranks of Arab industry at least.”

Read More:  http://www.dinarupdates.com/showthread.php?48933-Deputy-for-the-citizen-The-next-battle-requires-the-return-of-the-work-of-factories

______________________________________________________________


______________________________________________________________

Central Bank Governor: no room to cancel the sale of the dollar window, if canceled, the exchange rate has become 3 or 4 thousand, and perhaps more

Economy News / special – He said the governor of the Central Bank of Iraq on the Keywords to stop selling the dollar through selling currencies in the bank window will lead to the collapse of the Iraqi dinar financial situation in Iraq in general, stressing say that the central bank is obliged to do the job, even refrained from performing the role of the collapsed financial situation in Iraq.

Keywords and said in an interview conducted by the envoy of the agency “Economy News” on the sidelines of the annual conference of the Union of Arab Banks held in Beirut recently Waglguena sale Atarlasubh window Sarsrv Atarmabin 3 and 4 thousand dinars, and perhaps more.

He said the governor also Sndpartya case cancellation window printed currency to trillions of Aldnaniralaracah annually to cover the local need for dinars, will lead to Iraq’s infrastructure to Anhiaralamlh because of inflation, known as Oma cash excessive.

On the prospects of floating Aldenarabraghi, similar to other countries in the region, Keywords said that it is Matrouh sealed now, and we are working on editing currency and not float, a large difference between the two

Keywords denied the existence of the currency auction in the central bank, but the sale of foreign currency window, stressing that the central mediator between the Ministry of Finance and the public is not only.

Turning to the experience of Lebanon and Jordan, in the field of maintaining the stability of their currency, pointing out that the situation in Iraq is different

He noted that the solution in Iraq is to reduce the demand for the dollar through the structure of the Iraqi economy is correct, and not through the sizes for the sale of the dollar.

The governor stressed the central bank sought to settle the salaries of employees in private banks, confirming the existence of a trend for the resettlement of all Iraqi employees’ salaries next year 2017 in the banks.

Welcomed the Governor of the Central Bank of any request to host the House of Representatives, stressing the importance of the meeting with the parliament, on the basis of the fact that monetary policy is the issue of specialty can not be addressed from afar, or through skirmishes and analysis is accurate.

This will be Nherns dialogue with the governor in Aladeddakadm magazine Iraqi banks issued by the Iraqi Association of private banks.

Economy-news.net

______________________________________________________________

 Iraqi Dinar/Dollar auction 05-10-17 (most recent listing)

Currency Auctions Announcement No. 3439

This daily currency auction was held in the Central Bank of Iraq on the 05-10-2017

DETAILS NOTES
Number of banks 38
Number of remittance companies 11
Amount sold at auction price (US$) 159,612,263
Amount purchased at Auction price (US$) —–
Total offers for buying (US$) 159,612,263
Total offers for selling (US$) —–

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

______________________________________________________________

CURRENCY CODE SELL BUY
US dollar USD 1184.000 1182.000
Euro EUR 1289.139 1288.495
British pound GBP 1530.379 1529.614
Canadian dollar CAD 863.037 862.605
Swiss franc CHF 1180.930 1180.339
Swedish krona SEK 133.844 133.777
Norwegian krone NOK 136.942 136.873
Danish krone DKK 173.282 173.195
Japanese yen JPY 10.432 10.427
Special
Drawing Rights
SDR 1618.232 1617.423

Indicative rates – 05.10.2017

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!!

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Posted in Daily Dinar Updates | Tagged , , , , , , , , , , , , , , , , , , , | Comments Off on Dinar Daily NEWS Blog – May 10th

Dinar Daily NEWS Blog – May 9th

WATCH: Peshmerga win support from US Congress

Tanks belonging to the Kurdistan Region Peshmerga. (Photo: Archive)
Tag : United States Peshmerga US Congress Tom Cole John Carter

WASHINGTON DC, United States (Kurdistan24) – In interviews with Kurdistan24, two Republican Congressman spoke very highly of the Peshmerga.

The role the Peshmerga have played in fighting the Islamic State (IS) has won the Kurds and their aspirations a very sympathetic hearing in Washington.

Tom Cole, who represents Oklahoma’s 4th Congressional District, and John Carter, from Texas’ 31st District, each expressed their deep appreciation.

“They’ve been tremendous. Best troops on the ground, without a doubt,” Cole stated.

“Most reliable ally from the American standpoint. Most dangerous enemy from [IS’] standpoint,” he added.

Carter spoke similarly. “The Kurds have really been stand-up fighters since day one,” he affirmed. “They’ve certainly proven their worth to the fight.”

Both Congressmen sit on the House Appropriations Committee, and both of their districts include major US Army bases: Ft. Sill in Oklahoma and Ft. Hood, the world’s largest military installation, in Texas.

Thus, these two Congressmen pay particular attention to the conflicts in which the US Army is engaged.

One important question involves US plans for its security architecture in the area after IS is defeated as a conventional military force. Should the US continue to maintain a military base in the Kurdistan Region?

Kurdistan24 asked Cole if he would favor such an idea, and the Oklahoma Congressman responded enthusiastically.

“As long as our Kurdish friends support that, and I think they would,” he responded. Cole noted the US had a very positive experience there.

“That’s been an area that we can operate out of stably,” he said, “and frankly, where we’ve got a supportive local population.”

Cole further explained, “The lesson of [IS] is that we left too soon.” We failed to secure our “hard-won victories in Iraq,” he said, “and I hope that we don’t make that mistake again.”

Read more: http://www.dinarupdates.com/showthread.php?48990-WATCH-Peshmerga-win-support-from-US-Congress
______________________________________________________________

Secretary General of the Council of Ministers stresses the importance of boosting investment in Iraq

Cabinet Secretary General Mehdi Tuesday relations, the importance of spurring investment, removing obstacles and raise the excesses of this land, to accelerate investment activity which would provide many jobs and economic recovery. ”

The statement quoted the Secretariat on the relationship economy “news got a copy of it, that during his presidency a workshop held at the guest house under the slogan (processing speed up to raise the land earmarked for investment excesses) that” this workshop at the behest of the Prime Minister in pursuing investment projects and business hosting reluctant investors to view constraints. ”

He stressed the importance of stopping those excesses and coordination between specialized State services and the security services on the one hand, and investors through the investment on the other. ”

And listened to relations by a group of investors to the challenges facing these challenges take legal and procedural aspects which will work on what is appropriate to avoid.

Read More:  http://www.dinarupdates.com/showthread.php?48961-Secretary-General-of-the-Council-of-Ministers-stresses-the-importance-of-boosting-inv

______________________________________________________________

Follow us on twitter @DinarUpdates !!

follow Dinar Updates on twitterDinar Updates – “News Time” w/MadDScout & Facebook Crew! May 11th  –  6:30 pm CST – In the DU Chat Room!!

www.DinarUpdates.com – save as favorite

______________________________________________________________

Kuwaiti Ambassador: Baghdad pledged large facilities to Kuwaiti investors

Kuwaiti Ambassador to Iraq said Salem ghesab the times Tuesday that local government for Baghdad Province undertook to provide all the facilities required for Kuwaiti companies wishing to work and invest in.

This came during a meeting with the Governor of the capital Baghdad to settle their suspended problems last Office Atwan yesterday evening in the presence of several members of the Metropolitan Council.

The times said in a press statement that “the Mayor showed his eagerness to increase the size of the investment and economic cooperation between the two countries and remove obstacles to entering Kuwaiti investments.

The Kuwaiti Ambassador noted that presentations made by noteworthy conservative ideas transferred to the State of Kuwait to consider indicating that they also discussed ways to develop and strengthen bilateral relations between the two countries.

The mayor said Atwan said the country is entering a phase of work and rebuilding and investment after victory on what is called ISIS and are in desperate need of Kuwaiti corporations in future reconstruction campaign.

Read more:  http://www.dinarupdates.com/showthread.php?48969-Kuwaiti-Ambassador-Baghdad-pledged-large-facilities-to-Kuwaiti-investors

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Next Monday deadline to vote on the draft law reform guests 

House of Representatives postponed on Tuesday in its vote on the draft law reform guests.
According to a parliamentary source told all of Iraq [where] that “the House of Representatives identified on Monday as the deadline for a vote on legislator law

Read More:  http://www.dinarupdates.com/showthread.php?49000-Next-Monday-deadline-to-vote-on-the-draft-law-reform-guests-2017-5-9

______________________________________________________________

 To all of you who won a victory in World War Two, you have the undying thanks and gratitude of the American people.  – Vice President, Mike Pence

______________________________________________________________

Phillyman (Dinar Guru) –   Article:  “Mosul to be fully liberated within few days: Military official”   Quote:  “Chief of Staff of the Iraqi army Gen. Osman al-Ghanemi said on Saturday Mosul will be declared completely ISIS-free within few days.”   Don’t know why these guys keep throwing out predictions but here we go again

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

Jubouri and his Romanian counterpart sign an agreement of cooperation and exchange of experiences

Speaker of the House of Representatives Salim al-Jubouri signed a joint agreement with his Romanian counterpart Liviu Draganya on Monday to increase understanding on coordination and exchange of experiences.

“The Speaker of the House of Representatives Salim Al-Jubouri met on Monday with the Speaker of the Romanian House of Representatives, Livyu Draganya,” the statement said. “During the meeting, they discussed bilateral relations between the two friendly countries and means of enhancing joint cooperation on all levels. During the meeting signed a memorandum of understanding between the two parliaments conducive to more coordination and cooperation and exchange of experiences.

“The meeting discussed the importance of opening new horizons for cooperation at the parliamentary level. The speaker stressed the need to exchange experiences and improve the performance of the workers in the legislative institution,” he said.

“Parliament is keen to push for further economic and trade cooperation with Romania, In Iraq, especially in the reconstruction of areas liberated from the organization of the terrorist advocate. ”

For his part, Liviu Dragania confirmed his country’s support for Iraq in its fight against terrorism and its readiness to provide support and assistance.

Al-Jubouri arrived in Romania on Saturday on a two-day official visit to meet with officials there to discuss ways to develop and strengthen bilateral relations, especially at the parliamentary level.

Read More: http://www.dinarupdates.com/showthread.php?48940-Jubouri-and-his-Romanian-counterpart-sign-an-agreement-of-cooperation-and-exchange-of

______________________________________________________________

Aggiedad77 (Dinar Guru) –   […you think Dr. S [Shabibi] would show up when Trump decides to go and congratulate A [Abadi]?  It would be a great day to see the 3 of them make the announcement all together.  Correct me if I’m wrong but if we don’t get an announcement before Ramadan it will be more than likely after and would be a great gift to the country.]  It’s been said before that Dr. Shabibi is enjoying his retirement in Switzerland…don’t look for him to come back…he knows his country is in good hands…with Abadi and Allak.   As for Ramadan…who truly knows…I just know…I have a feeling…with money that has been moved…vast amounts of it…with changes in prices that we’ve witnessed…with the changes in salary payments that we’ve seen…something IMO needs to happen…and by all rights it should happen well before Ramadan.

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

Iraq Stock Exchange discusses technology solutions in Beirut for its applications

BAGHDAD – The Iraqi stock market opened Monday in the Lebanese capital of Beirut its conference on the applications and solutions of technology trading securities, stressing the need to bring investments to the securities market.

“The conference is currently being held in the Lebanese capital of Beirut, the second of its kind since last year in the United Arab Emirates. There were also conferences and workshops between the two conferences,” said Taha Ahmed Abdel Salam, A knot inside Iraq and yielded positive results supported the market in his work. ” He added that “the conference was attended by a group of senior officials of the Central Bank of Iraq and a number of ministries of the Iraqi state, adding brokerage firms and international investment companies.”

He pointed out that the aim of the conference is to achieve the objectives related to bringing investments, correcting and correcting the trends adopted by financial markets and plans, especially their relationship with financial institutions, as well as with the market elements represented by joint stock companies and brokerage companies, specifically investors.

“The Iraqi Stock Exchange Law speaks about the capital market in Iraq, which consists of key elements supporting the development of the market and the Securities Commission, which is an organization of the rules of instructions needed by the market as well as joint stock companies to disclose their data and review levels of performance annual and quarterly.

Abdul Salam expected that “the meetings of the conference will witness further discussions and meetings between investment companies and those interested in stock markets.”

Read More: http://www.dinarupdates.com/showthread.php?48937-Iraq-Stock-Exchange-discusses-technology-solutions-in-Beirut-for-its-applications

______________________________________________________________

Enorrste (Dinar Guru) –   Article:   “Vice: oversees the United Nations five-year plan for economic development in Iraq”  i agree with KAP [Guru Kaperoni…reference post 5-2-2017]  that the IMF is what she is referring to.  This confirms and ties into what we have known for some time, namely that the IMF is controlling the plans for change at this point.  Furthermore, they are on record that they intend to “bring Iraq into the world market” sometime in the first half of this year.  If they are on schedule then we should expect some significant changes within the next 60 days.  Of course this is Iraq, and even with the control in the hands of he IMF, it is anyone’s guess how long it will take to get to the float.

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

Parliament votes tomorrow on the proposed law on the operation of the first graduates

(Baghdad: Al-Furat News) The House of Representatives will resume on Tuesday its regular session to vote on two draft laws.

A statement of the Council, received by the agency {Euphrates News}, a copy of it, tomorrow’s session includes “the completion of the vote on the draft law to reform inmates and depositors, and vote on the proposed law to run the early graduates.”

The meeting will also discuss the recommendations of the Education Committee regarding school buildings and an oral question addressed to the head of the Federal Audit Bureau, as well as the report and discussion of the draft law granting the employee a long standard leave and handling the conditions of the contractors.

The statement said the meeting included “the report and discussion of the draft law on the residence of foreigners, and the report and discussion of the draft law on delegation of powers.”

The House of Representatives lifted on 30 April last, its normal to Tuesday, the ninth of May, after voting on a parliamentary resolution prohibiting the attendance or participation of politicians or officials conferences in and outside Iraq without the consent of the Iraqi authorities.

Read More: http://www.dinarupdates.com/member.php?47292-MadDScout

______________________________________________________________

!cid_0534CEE5-9E81-4CFA-9D7F-ACA5BAD2C2DA

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!!)

______________________________________________________________

Deputy for the citizen: The next battle requires the return of the work of factories stalled

(Baghdad: al-Furat News) The MP from the mass of citizen Mohammed al-Masoudi, on Monday, that the battle of Iraq next requires the return of the work of government plants stalled.

“There are instructions issued to the local governments not to approve and according to the powers granted to them to promote the transfer of employees of the Ministry of Industry and Minerals to the rest of the ministries to preserve the competencies in them and not to empty, and because the Iraqi industry and only The future vision of both the Iraqi parliament and the federal government is on the verge of a major industrial boom. ”

He added that “the Iraqi industry suffers from several problems trying both the parliament and the government to eliminate or reduce them, including the high cost of production of one commodity compared to competition of foreign goods because of high costs of production, especially with regard to energy, in addition to the financial allocations related to loans Support and facilities for the establishment of Iraqi national industries and the reluctance of the investor to enter the Iraqi market for lack of financial cover and a strong bank protects him.

He pointed out that “the federal government is working on the abolition of the Bramir law on the settlement of the salaries of industry and dependence on the advances granted by the government, and thus deprive workers in this sector of financial allocations and irregular in their salaries and their withdrawal to the ministries that may provide them with these financial resources.”

Masoudi pointed out that “the battle of Iraq next will be in one aspect save hundreds of government factories stalled and return them to the ranks of Arab industry at least.”

Read More:  http://www.dinarupdates.com/showthread.php?48933-Deputy-for-the-citizen-The-next-battle-requires-the-return-of-the-work-of-factories

______________________________________________________________


______________________________________________________________

Central Bank Governor: no room to cancel the sale of the dollar window, if canceled, the exchange rate has become 3 or 4 thousand, and perhaps more

Economy News / special – He said the governor of the Central Bank of Iraq on the Keywords to stop selling the dollar through selling currencies in the bank window will lead to the collapse of the Iraqi dinar financial situation in Iraq in general, stressing say that the central bank is obliged to do the job, even refrained from performing the role of the collapsed financial situation in Iraq.

Keywords and said in an interview conducted by the envoy of the agency “Economy News” on the sidelines of the annual conference of the Union of Arab Banks held in Beirut recently Waglguena sale Atarlasubh window Sarsrv Atarmabin 3 and 4 thousand dinars, and perhaps more.

He said the governor also Sndpartya case cancellation window printed currency to trillions of Aldnaniralaracah annually to cover the local need for dinars, will lead to Iraq’s infrastructure to Anhiaralamlh because of inflation, known as Oma cash excessive.

On the prospects of floating Aldenarabraghi, similar to other countries in the region, Keywords said that it is Matrouh sealed now, and we are working on editing currency and not float, a large difference between the two

Keywords denied the existence of the currency auction in the central bank, but the sale of foreign currency window, stressing that the central mediator between the Ministry of Finance and the public is not only.

Turning to the experience of Lebanon and Jordan, in the field of maintaining the stability of their currency, pointing out that the situation in Iraq is different

He noted that the solution in Iraq is to reduce the demand for the dollar through the structure of the Iraqi economy is correct, and not through the sizes for the sale of the dollar.

The governor stressed the central bank sought to settle the salaries of employees in private banks, confirming the existence of a trend for the resettlement of all Iraqi employees’ salaries next year 2017 in the banks.

Welcomed the Governor of the Central Bank of any request to host the House of Representatives, stressing the importance of the meeting with the parliament, on the basis of the fact that monetary policy is the issue of specialty can not be addressed from afar, or through skirmishes and analysis is accurate.

This will be Nherns dialogue with the governor in Aladeddakadm magazine Iraqi banks issued by the Iraqi Association of private banks.

Economy-news.net

______________________________________________________________

 Iraqi Dinar/Dollar auction 05-09-17 (most recent listing)

Currency Auctions Announcement No. 3438

This daily currency auction was held in the Central Bank of Iraq on the 05-09-2017

DETAILS NOTES
Number of banks 40
Number of remittance companies 11
Amount sold at auction price (US$) 159,615,853
Amount purchased at Auction price (US$) —–
Total offers for buying (US$) 159,615,853
Total offers for selling (US$) —–

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

______________________________________________________________

CURRENCY CODE SELL BUY
US dollar USD 1184.000 1182.000
Euro EUR 1295.059 1294.412
British pound GBP 1534.464 1533.697
Canadian dollar CAD 863.918 863.486
Swiss franc CHF 1192.467 1191.870
Swedish krona SEK 134.486 134.419
Norwegian krone NOK 137.094 137.026
Danish krone DKK 174.097 174.010
Japanese yen JPY 10.501 10.496
Special
Drawing Rights
SDR 1622.554 1621.742

Indicative rates – 05.09.2017

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 , , , , , , , , , , , , , , , , , , , , | Comments Off on Dinar Daily NEWS Blog – May 9th

Dinar Daily NEWS Blog – May 8th

Iraqi Forces Declare Full Liberation of Mesherfa Region, Western Mosul

Iraqi Forces Declare Full Liberation of Mesherfa Region, Western Mosul

TEHRAN (FNA)- The Nineveh Operations Command declared full liberation of Mesherfa region in the wake of fierce clashes that occurred earlier between Iraqi troops and ISIL militants in western Mosul

“The 9th armored division freed Mesherfa al-Oula district, completing the liberation of the full region of Mesherfa after inflicting huge losses on the enemy in lives and equipments,” the command said in statements, Iraqi News reported.

“The Iraqi flag has been raised above the building in the district,” the command added.

Earlier, the Iraqi troops declared gaining full control on Hawi al-Kanisah region and taken over 50 percent of 17 Tamuz (July 17th) region in Western Mosul.

The Iraqi armed forces announced recapturing Mesherfa al-Thaniya district on Friday and Mesherfa al-Thalitha on Thursday.

A new front for ground offensives was opened last week targeting ISIL’s strategic stronghold at the Old City region from the North, having found it difficult to invade the area from the South for weeks.

Eastern Mosul was recaptured in January after three months of battles against ISIL. A major offensive was launched in February to retake the Western flank of the city.

Read More: http://www.dinarupdates.com/showthread.php?48882-Iraqi-Forces-Declare-Full-Liberation-of-Mesherfa-Region-Western-Mosul

______________________________________________________________

Follow us on twitter @DinarUpdates !!

follow Dinar Updates on twitterDinar Updates – “News Time” w/MadDScout & Facebook Crew! May 11th  –  6:30 pm CST – In the DU Chat Room!!

www.DinarUpdates.com – save as favorite

______________________________________________________________

Iraqi forces regain control of a new neighborhood in Mosul

Iraqi forces liberated a new neighborhood on Monday from the grip of a hawkish organization on the right-hand coast of Mosul, an operations commander said.

“The federal police units of the rapid reaction forces, the 34th Armored Brigade and the Ninth Armored Division liberated the first Haramat neighborhood in the right-hand coast of Mosul City and raised the Iraqi flag over the buildings,” Rashid Rashid said in a statement.

The move comes within the framework of a new front opened by Iraqi forces north of the right coast since Thursday, when Iraqi forces opened a new front in an effort to clamp down on a preacher in the old area.

Iraqi forces have so far recovered the first, second and third districts of the Church, Deir Mikhael, Hassouna and Tigris villages and the Nineveh gas plant.

Read more: http://www.dinarupdates.com/showthread.php?48908-Iraqi-forces-regain-control-of-a-new-neighborhood-in-Mosul
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The formation of a military squad to protect oil wells and pipelines in Basra

The Ministry of Defense is considering forming a military team to protect oil wells and pipelines in the province of Basra.

“The chief of staff of the army, General Othman al-Ghanmi, met with the head of operations of Basra, the Undersecretary of the Ministry of the Interior and the Inspector General of the Ministry of Oil, to discuss and discuss the latest developments on the formation of the force charged with protecting wells, And pipelines of oil products. ”

He added that the delegation “provided a detailed briefing on the work of the committee formed to prepare the force, which will be at the level of a military division because Iraq is one of the most important countries, which ranks second in OPEC on the level of oil exports.”

For his part, the chief of army staff stressed “the importance of this subject and that the military establishment is fully prepared to cooperate and coordinate with all relevant ministries and contribute to the training of groups, and secure all the requirements necessary for them.”

Read More:  http://www.dinarupdates.com/showthread.php?48939-The-formation-of-a-military-squad-to-protect-oil-wells-and-pipelines-in-Basra

______________________________________________________________

For as God tells us in his word, speaking to his people so long ago, “I know the plans I have for you, plans to prosper you and not to harm you, plans to give you hope and a future.”  Vice President – Mike Pence

______________________________________________________________

Phillyman (Dinar Guru) –   Article:  “Mosul to be fully liberated within few days: Military official”   Quote:  “Chief of Staff of the Iraqi army Gen. Osman al-Ghanemi said on Saturday Mosul will be declared completely ISIS-free within few days.”   Don’t know why these guys keep throwing out predictions but here we go again

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

Jubouri and his Romanian counterpart sign an agreement of cooperation and exchange of experiences

Speaker of the House of Representatives Salim al-Jubouri signed a joint agreement with his Romanian counterpart Liviu Draganya on Monday to increase understanding on coordination and exchange of experiences.

“The Speaker of the House of Representatives Salim Al-Jubouri met on Monday with the Speaker of the Romanian House of Representatives, Livyu Draganya,” the statement said. “During the meeting, they discussed bilateral relations between the two friendly countries and means of enhancing joint cooperation on all levels. During the meeting signed a memorandum of understanding between the two parliaments conducive to more coordination and cooperation and exchange of experiences.

“The meeting discussed the importance of opening new horizons for cooperation at the parliamentary level. The speaker stressed the need to exchange experiences and improve the performance of the workers in the legislative institution,” he said.

“Parliament is keen to push for further economic and trade cooperation with Romania, In Iraq, especially in the reconstruction of areas liberated from the organization of the terrorist advocate. ”

For his part, Liviu Dragania confirmed his country’s support for Iraq in its fight against terrorism and its readiness to provide support and assistance.

Al-Jubouri arrived in Romania on Saturday on a two-day official visit to meet with officials there to discuss ways to develop and strengthen bilateral relations, especially at the parliamentary level.

Read More: http://www.dinarupdates.com/showthread.php?48940-Jubouri-and-his-Romanian-counterpart-sign-an-agreement-of-cooperation-and-exchange-of

______________________________________________________________

Aggiedad77 (Dinar Guru) –   […you think Dr. S [Shabibi] would show up when Trump decides to go and congratulate A [Abadi]?  It would be a great day to see the 3 of them make the announcement all together.  Correct me if I’m wrong but if we don’t get an announcement before Ramadan it will be more than likely after and would be a great gift to the country.]  It’s been said before that Dr. Shabibi is enjoying his retirement in Switzerland…don’t look for him to come back…he knows his country is in good hands…with Abadi and Allak.   As for Ramadan…who truly knows…I just know…I have a feeling…with money that has been moved…vast amounts of it…with changes in prices that we’ve witnessed…with the changes in salary payments that we’ve seen…something IMO needs to happen…and by all rights it should happen well before Ramadan.

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

Iraq Stock Exchange discusses technology solutions in Beirut for its applications

BAGHDAD – The Iraqi stock market opened Monday in the Lebanese capital of Beirut its conference on the applications and solutions of technology trading securities, stressing the need to bring investments to the securities market.

“The conference is currently being held in the Lebanese capital of Beirut, the second of its kind since last year in the United Arab Emirates. There were also conferences and workshops between the two conferences,” said Taha Ahmed Abdel Salam, A knot inside Iraq and yielded positive results supported the market in his work. ” He added that “the conference was attended by a group of senior officials of the Central Bank of Iraq and a number of ministries of the Iraqi state, adding brokerage firms and international investment companies.”

He pointed out that the aim of the conference is to achieve the objectives related to bringing investments, correcting and correcting the trends adopted by financial markets and plans, especially their relationship with financial institutions, as well as with the market elements represented by joint stock companies and brokerage companies, specifically investors.

“The Iraqi Stock Exchange Law speaks about the capital market in Iraq, which consists of key elements supporting the development of the market and the Securities Commission, which is an organization of the rules of instructions needed by the market as well as joint stock companies to disclose their data and review levels of performance annual and quarterly.

Abdul Salam expected that “the meetings of the conference will witness further discussions and meetings between investment companies and those interested in stock markets.”

Read More: http://www.dinarupdates.com/showthread.php?48937-Iraq-Stock-Exchange-discusses-technology-solutions-in-Beirut-for-its-applications

______________________________________________________________

Enorrste (Dinar Guru) –   Article:   “Vice: oversees the United Nations five-year plan for economic development in Iraq”  i agree with KAP [Guru Kaperoni…reference post 5-2-2017]  that the IMF is what she is referring to.  This confirms and ties into what we have known for some time, namely that the IMF is controlling the plans for change at this point.  Furthermore, they are on record that they intend to “bring Iraq into the world market” sometime in the first half of this year.  If they are on schedule then we should expect some significant changes within the next 60 days.  Of course this is Iraq, and even with the control in the hands of he IMF, it is anyone’s guess how long it will take to get to the float.

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

Parliament votes tomorrow on the proposed law on the operation of the first graduates

(Baghdad: Al-Furat News) The House of Representatives will resume on Tuesday its regular session to vote on two draft laws.

A statement of the Council, received by the agency {Euphrates News}, a copy of it, tomorrow’s session includes “the completion of the vote on the draft law to reform inmates and depositors, and vote on the proposed law to run the early graduates.”

The meeting will also discuss the recommendations of the Education Committee regarding school buildings and an oral question addressed to the head of the Federal Audit Bureau, as well as the report and discussion of the draft law granting the employee a long standard leave and handling the conditions of the contractors.

The statement said the meeting included “the report and discussion of the draft law on the residence of foreigners, and the report and discussion of the draft law on delegation of powers.”

The House of Representatives lifted on 30 April last, its normal to Tuesday, the ninth of May, after voting on a parliamentary resolution prohibiting the attendance or participation of politicians or officials conferences in and outside Iraq without the consent of the Iraqi authorities.

Read More: http://www.dinarupdates.com/member.php?47292-MadDScout

______________________________________________________________

!cid_0534CEE5-9E81-4CFA-9D7F-ACA5BAD2C2DA

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!!)

______________________________________________________________

Deputy for the citizen: The next battle requires the return of the work of factories stalled

(Baghdad: al-Furat News) The MP from the mass of citizen Mohammed al-Masoudi, on Monday, that the battle of Iraq next requires the return of the work of government plants stalled.

“There are instructions issued to the local governments not to approve and according to the powers granted to them to promote the transfer of employees of the Ministry of Industry and Minerals to the rest of the ministries to preserve the competencies in them and not to empty, and because the Iraqi industry and only The future vision of both the Iraqi parliament and the federal government is on the verge of a major industrial boom. ”

He added that “the Iraqi industry suffers from several problems trying both the parliament and the government to eliminate or reduce them, including the high cost of production of one commodity compared to competition of foreign goods because of high costs of production, especially with regard to energy, in addition to the financial allocations related to loans Support and facilities for the establishment of Iraqi national industries and the reluctance of the investor to enter the Iraqi market for lack of financial cover and a strong bank protects him.

He pointed out that “the federal government is working on the abolition of the Bramir law on the settlement of the salaries of industry and dependence on the advances granted by the government, and thus deprive workers in this sector of financial allocations and irregular in their salaries and their withdrawal to the ministries that may provide them with these financial resources.”

Masoudi pointed out that “the battle of Iraq next will be in one aspect save hundreds of government factories stalled and return them to the ranks of Arab industry at least.”

Read More:  http://www.dinarupdates.com/showthread.php?48933-Deputy-for-the-citizen-The-next-battle-requires-the-return-of-the-work-of-factories

______________________________________________________________


______________________________________________________________

Central Bank Governor: no room to cancel the sale of the dollar window, if canceled, the exchange rate has become 3 or 4 thousand, and perhaps more

Economy News / special – He said the governor of the Central Bank of Iraq on the Keywords to stop selling the dollar through selling currencies in the bank window will lead to the collapse of the Iraqi dinar financial situation in Iraq in general, stressing say that the central bank is obliged to do the job, even refrained from performing the role of the collapsed financial situation in Iraq.

Keywords and said in an interview conducted by the envoy of the agency “Economy News” on the sidelines of the annual conference of the Union of Arab Banks held in Beirut recently Waglguena sale Atarlasubh window Sarsrv Atarmabin 3 and 4 thousand dinars, and perhaps more.

He said the governor also Sndpartya case cancellation window printed currency to trillions of Aldnaniralaracah annually to cover the local need for dinars, will lead to Iraq’s infrastructure to Anhiaralamlh because of inflation, known as Oma cash excessive.

On the prospects of floating Aldenarabraghi, similar to other countries in the region, Keywords said that it is Matrouh sealed now, and we are working on editing currency and not float, a large difference between the two

Keywords denied the existence of the currency auction in the central bank, but the sale of foreign currency window, stressing that the central mediator between the Ministry of Finance and the public is not only.

Turning to the experience of Lebanon and Jordan, in the field of maintaining the stability of their currency, pointing out that the situation in Iraq is different

He noted that the solution in Iraq is to reduce the demand for the dollar through the structure of the Iraqi economy is correct, and not through the sizes for the sale of the dollar.

The governor stressed the central bank sought to settle the salaries of employees in private banks, confirming the existence of a trend for the resettlement of all Iraqi employees’ salaries next year 2017 in the banks.

Welcomed the Governor of the Central Bank of any request to host the House of Representatives, stressing the importance of the meeting with the parliament, on the basis of the fact that monetary policy is the issue of specialty can not be addressed from afar, or through skirmishes and analysis is accurate.

This will be Nherns dialogue with the governor in Aladeddakadm magazine Iraqi banks issued by the Iraqi Association of private banks.

Economy-news.net

______________________________________________________________

 Iraqi Dinar/Dollar auction 05-08-17 (most recent listing)

Currency Auctions Announcement No. 3437

This daily currency auction was held in the Central Bank of Iraq on the 05-08-2017

DETAILS NOTES
Number of banks 32
Number of remittance companies 11
Amount sold at auction price (US$) 151,169,106
Amount purchased at Auction price (US$) —–
Total offers for buying (US$) 151,169,106
Total offers for selling (US$) —–

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

______________________________________________________________

CURRENCY CODE SELL BUY
US dollar USD 1184.000 1182.000
Euro EUR 1297.782 1297.134
British pound GBP 1531.504 1530.738
Canadian dollar CAD 867.399 866.966
Swiss franc CHF 1196.201 1195.603
Swedish krona SEK 133.964 133.897
Norwegian krone NOK 136.575 136.507
Danish krone DKK 174.505 174.418
Japanese yen JPY 10.505 10.500
Special
Drawing Rights
SDR 1622.897 1622.086

Indicative rates – 05.08.2017

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 , , , , , , , , , , , , , , , , , , , , | Comments Off on Dinar Daily NEWS Blog – May 8th

Dinar Daily NEWS Blog – May 7th

Central Bank calls for banks to keep abreast of the latest information technology

Economy news Baghdad: Director of information technology and communication Department at the Central Bank, Adnan Asaad, Sunday, banks to go about banking and keep up with the latest information technology.

Assad said during the second day of the Conference of the modern banking techniques, and followed the news economy “to” Central Bank invites banks need to go about banking and matched by using the latest information technology. ”

“The Central Bank demanding banks to develop short, medium and long term plans to keep up with the latest information technology, calling on banks to” create data centers inside Iraq. ”

“Information security policy an important topic in banking transactions,” stressing the need “to deal with Iraqi companies specializing in information technology and give the opportunity to young Iraqis in this area.”

“We hope the banks rely on consultants for the purpose of developing sophisticated banks towards banking cadres with excellent services.

Read More: http://www.dinarupdates.com/showthread.php?48867-Central-Bank-calls-for-banks-to-keep-abreast-of-the-latest-information-technology

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Latest map of the security forces in Mosul right handed

Read more:  http://www.dinarupdates.com/showthread.php?48835-Latest-map-of-the-security-forces-in-Mosul-right-handed
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Mosul to be fully liberated within few days: Official

Ghanemi

Chief of Staff of the Iraqi army Gen. Osman al-Ghanemi said on Saturday Mosul will be declared completely ISIS-free within few days.

The armed forces will declare the full control over the city, and the killing of all terrorists there, he added.

Iraqi joint forces fought fiercely, showing that its capabilities are on par with the world’s top armies, Ghanemi stated.

The Iraqi forces managed to attain victory in surgical operations that will be taught at military academies in the future, he went on to say.

The Iraqi forces, of all its branches, killed over 6,000 terrorists and evacuated over half a million civilians from the war-ravaged areas.

On his part, General Abdul Karim Khalaf, adviser of Arab European Counterterrorism Center said Mosul Battle is actually finished, and the remnants of ISIS terrorists are deemed to be dead.

The fighters of the Iraqi army showed great ability to control and maintain ground, he added.

The Iraqi forces are pushing on ISIS in the right bank of Mosul since February 19th with the aid of the US-led coalition.

Most of the city are now ISIS-free, with dozens of the terror group’s operatives are being killed on a daily basis.

Read More: http://www.thebaghdadpost.com/en/story/10196/Mosul-to-be-fully-liberated-within-few-days-Military-official
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Some of the biggest cases of mistaken identity are among intellectuals who have trouble remembering that they are not God. – Thomas Sowell

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Phillyman (Dinar Guru) –   Article:  “Mosul to be fully liberated within few days: Military official”   Quote:  “Chief of Staff of the Iraqi army Gen. Osman al-Ghanemi said on Saturday Mosul will be declared completely ISIS-free within few days.”   Don’t know why these guys keep throwing out predictions but here we go again

Read more: http://www.dinarupdates.com/observer/
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Central extends the sale of national bonds to the middle of this month

imageCentral Bank announced on Sunday, for the extension of the sale of national bonds in the second Alasaddarah to the middle of the month of May

The bank said in a statement, said he had to “extend the period of the sale of national bonds in the second Alasaddarah on behalf of the Ministry of Finance

He explained that the extension would be until the middle of this month and by 13 days after it was scheduled to stop in the second of this month

The central bank issued, on April 2 , 2017 national bonds on behalf of the Ministry of Finance of $ trillion dinars to finance the deficit in the general budget of Iraq as a result of lower oil prices globally.

Read More: http://www.dinarupdates.com/showthread.php?48893-Central-extends-the-sale-of-national-bonds-to-the-middle-of-this-month-07-05-2017
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Aggiedad77 (Dinar Guru) –   […you think Dr. S [Shabibi] would show up when Trump decides to go and congratulate A [Abadi]?  It would be a great day to see the 3 of them make the announcement all together.  Correct me if I’m wrong but if we don’t get an announcement before Ramadan it will be more than likely after and would be a great gift to the country.]  It’s been said before that Dr. Shabibi is enjoying his retirement in Switzerland…don’t look for him to come back…he knows his country is in good hands…with Abadi and Allak.   As for Ramadan…who truly knows…I just know…I have a feeling…with money that has been moved…vast amounts of it…with changes in prices that we’ve witnessed…with the changes in salary payments that we’ve seen…something IMO needs to happen…and by all rights it should happen well before Ramadan.

Read more: http://www.dinarupdates.com/observer/
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Iraqi Business Council adopt projects to develop the economy


Baghdad scales news – Iraqi National Business Council announced, he adopted an Iraqi Institute, scientific research projects to develop the economy, for the first time in the private sector, noting that projects came up with recommendations to be submitted to the Cabinet.

Board said in a statement/balance news/copy, the “Iraqi National Business Council and the Iraqi Institute for economic reform, and in a bold move and sincere initiative, the first annual competition for economic development research on Saturday 6/5/2017 and a Conference Hall at the headquarters of the Iraqi National Business Council in the presence of a constellation of academics, economists and business people led by Attorney Abdel Karim alabetan, Member of the parliamentary integrity Committee walbrovso Dr Abdel Hussein alatbeki, economic advisor to the Prime Minister.”

The competition included two axes:

I guarantee the “presentation of research submitted by researchers as given for 7 minutes for each researcher, introduced the idea and the search for finding the 10 residents Committee evaluates research to identify winning three research.”

The first winner was Francis auraha search subject (the propagation of seeds of wheat crop in high level Iraq), and the second winner Faris Faisal about his research subject (GnRH hormone treatment effect when embryo transfer pregnancy rate and the ruins early to Holstein cattle fetal wefrizian), and the third winner Talal Anwar on his research subject (AD vitamins treatment effect, E before the consolidation of estrus after altsvid in alawasi performance in lambs genital Iraq : Field applications and economic feasibility) “.

Visual and has Kamal Dawood Abd roar, it said, “to provide testimonials for winning research and research presented,” announced “Visual first prize is $5 million dinars and second prize 3 million dinars and third prize 2 million dinars and the winning research will be sent to the respective sectoral authorities to determine their applicability and impact of field and fields.

Attorney Jawad Al-bulani has been declared, “ready to care for the next competition and allocate prizes before him.”

The statement noted that “there are other papers submitted to the contest: the effects of interest rate on wages in the Iraqi economy, tourism investment new Aqua development of the Iraqi economy, finance-profits out of entitlement-that Iraq lost in favor of mobile companies and compare them with International Monetary Fund loan scenarios roadmap for reorganizing the Iraqi industrial sector, as well as Dr Sneh cocks, Arabic Republic of Egypt not unlucky come to Iraq say researched Biological agents of unmarked (as Selection alternatives to Fungicide use for Reducing Post harvest Rot – losses of Fresh Fruits and Vegetables).

The second axis included discussions on research and on many economic issues where they will make recommendations that came out of the contest to the Prime Minister’s Office and advisors “.

He attended the seminar, according to the statement, all “mp Abdel Karim alabetan, one of the firm’s research, Professor Abdel Hussein Al-Anbuge, was one of the firm’s research, Dr thair Faili, one the correct research, Ayad Kazem Al-bulani, one the correct research, Dr Kamal Basri, was one of the firm’s research, Dawood Abdel was one of the fine, the roar of research, Abd Allah al-jibouri, one was good the excellent research, Salah was one of the strong ‘ Alloush for research.”

As well as “Dr Zouhair Al Hassani, Chairman national investment experts, Dr Soraya khazraji, monetary and banking Professor of Economics University of Baghdad College of management and economics, engineer Mohamed Sheikh Mohamed Abdel Karim Megastar, Dr Talal Anwar Abdul Karim, Faculty of Agriculture University of Baghdad, Dr Francis auraha, Prof supporter credited, Middle Euphrates University, Assistant Professor Dr Haitham al Janabi, technical college”.

In addition to all of the “r m Faisal Ibrahim, Knight senior agricultural Department of livestock, LLC, associate head Avinash cooing Mahdi regulatory body, the Federal Office of financial supervision, Dr returning Fawzi Ahmed, Baghdad agricultural faculty, Dr Ahmed Hamadi Selma, College of management and Economics/Mustansiriyah, Dr Ahsan Attar/oil Ministry expert, Fouad eldejily, consulting engineer, Dr Faik Ali Abdul Rasul, an economic consultant, Dr Abdel Hussein Hakeem, an expert of the Ministry of agriculture, Saleh Hakim, President of the Center for wisdom For dialogue and cooperation of Najaf, Abbas Radhi punitive, Dr Hamid, President of the International Union of businessmen, business organization, Jabbar, Dr Nadim Kazem Hamza, Ministry of agriculture, Faisal Kadhim mutasher rabee ‘ al, agricultural extension, Abdul Hassan frozen yogurt, President of the Association of insurance, almaadaidi, Attorney Abdul Karim alabetan, Omar Adel Mohamed, IVF Department. ”

The contest was attended by “Zainab Zaheer Shiite Waqf, areej Hassan/Ministry of finance, Hisham Al-juboori/businessman Iraqi National Business Council Member, Arshad Majeed, Director of business development, Saddam Zamel, a member of the Iraqi National Business Council, triumph Ramahi, Baghdad University, a member of the Iraqi Institute for economic reform OCE Hadi, a member of the Iraqi Institute for economic reform.”

Read More: http://www.dinarupdates.com/showthread.php?48869-Iraqi-Business-Council-adopt-projects-to-develop-the-economy
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Enorrste (Dinar Guru) –   Article:   “Vice: oversees the United Nations five-year plan for economic development in Iraq”  i agree with KAP [Guru Kaperoni…reference post 5-2-2017]  that the IMF is what she is referring to.  This confirms and ties into what we have known for some time, namely that the IMF is controlling the plans for change at this point.  Furthermore, they are on record that they intend to “bring Iraq into the world market” sometime in the first half of this year.  If they are on schedule then we should expect some significant changes within the next 60 days.  Of course this is Iraq, and even with the control in the hands of he IMF, it is anyone’s guess how long it will take to get to the float.

Read more: http://www.dinarupdates.com/observer/
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“Mobile banking” new financial technology entering Iraq

Baghdad – Journal News – The Central Bank of Iraq governor Ali al-Alaq said on Saturday that the Central Bank is working on the system of localization of salaries through the electronic payment of state employees and get rid of the traditional way in the process of receipt of salaries, as disclosed the intention of the Central Bank to activate the so-called “mobile banking” in Iraq .

“The use of modern technology and linking it to the banking system in Iraq, through high-quality systems and the speed of banking and banking facilitation will raise profits for shareholders and encourage citizens to save,” Al-Alak said in a speech at a conference on banking technologies attended by the Journal News. Investment in banks and banks. ”

He added, “We are in the process of activating the so-called mobile banking, which is to carry out banking operations and remittances through the use of smart phones through high-quality Internet systems.” He pointed out that “the Central Bank is in the process of operating banking disclosure systems between banks and shareholders.”

The conference, “Banking Techniques”, was held at the Babylon Hotel in central Baghdad, with the participation of 30 companies from 7 Arab and foreign countries.

The conference was attended by Iraqi economic figures, including the financial adviser to the Prime Minister, the appearance of Mohammed Saleh, the head of Baghdad Investment Authority Shaker al-Zamili, as well as foreign and Arab delegations.

Read More: http://www.dinarupdates.com/showthread.php?48860-quot-Mobile-banking-quot-new-financial-technology-entering-Iraq
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Today the conclusion of the conference banking technologies in Baghdad

Economy News Baghdad: It concludes on Sunday, the Conference of banking technologies with the participation of 30 companies from seven Arab and foreign countries.

A source at a conference of banking technology for “Economy News”, “Conference on Banking Technologies concludes on Sunday with the participation of 30 companies from seven Arab and foreign countries,” adding that “the Central Bank of Iraq, praised the efforts made to the success of the conference banking technologies

The work of the Conference of banking technology was launched on Saturday, in the presence of the central bank governor and directors of government and private banks

Read More: http://www.dinarupdates.com/showthread.php?48889-Today-the-conclusion-of-the-conference-banking-technologies-in-Baghdad-Economy-Ne
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Central Bank Governor: no room to cancel the sale of the dollar window, if canceled, the exchange rate has become 3 or 4 thousand, and perhaps more

Economy News / special – He said the governor of the Central Bank of Iraq on the Keywords to stop selling the dollar through selling currencies in the bank window will lead to the collapse of the Iraqi dinar financial situation in Iraq in general, stressing say that the central bank is obliged to do the job, even refrained from performing the role of the collapsed financial situation in Iraq.

Keywords and said in an interview conducted by the envoy of the agency “Economy News” on the sidelines of the annual conference of the Union of Arab Banks held in Beirut recently Waglguena sale Atarlasubh window Sarsrv Atarmabin 3 and 4 thousand dinars, and perhaps more.

He said the governor also Sndpartya case cancellation window printed currency to trillions of Aldnaniralaracah annually to cover the local need for dinars, will lead to Iraq’s infrastructure to Anhiaralamlh because of inflation, known as Oma cash excessive.

On the prospects of floating Aldenarabraghi, similar to other countries in the region, Keywords said that it is Matrouh sealed now, and we are working on editing currency and not float, a large difference between the two

Keywords denied the existence of the currency auction in the central bank, but the sale of foreign currency window, stressing that the central mediator between the Ministry of Finance and the public is not only.

Turning to the experience of Lebanon and Jordan, in the field of maintaining the stability of their currency, pointing out that the situation in Iraq is different

He noted that the solution in Iraq is to reduce the demand for the dollar through the structure of the Iraqi economy is correct, and not through the sizes for the sale of the dollar.

The governor stressed the central bank sought to settle the salaries of employees in private banks, confirming the existence of a trend for the resettlement of all Iraqi employees’ salaries next year 2017 in the banks.

Welcomed the Governor of the Central Bank of any request to host the House of Representatives, stressing the importance of the meeting with the parliament, on the basis of the fact that monetary policy is the issue of specialty can not be addressed from afar, or through skirmishes and analysis is accurate.

This will be Nherns dialogue with the governor in Aladeddakadm magazine Iraqi banks issued by the Iraqi Association of private banks.

Economy-news.net

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 Iraqi Dinar/Dollar auction 05-07-17 (most recent listing)

Currency Auctions Announcement No. 3436

This daily currency auction was held in the Central Bank of Iraq on the 05-07-2017

DETAILS NOTES
Number of banks 38
Number of remittance companies 11
Amount sold at auction price (US$) 159,486,566
Amount purchased at Auction price (US$) —–
Total offers for buying (US$) 159,486,566
Total offers for selling (US$) —–

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

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CURRENCY CODE SELL BUY
US dollar USD 1184.000 1182.000
Euro EUR 1293.757 1293.110
British pound GBP 1525.702 1524.940
Canadian dollar CAD 867.399 866.966
Swiss franc CHF 1193.188 1192.591
Swedish krona SEK 133.908 133.841
Norwegian krone NOK 136.468 136.400
Danish krone DKK 173.974 173.887
Japanese yen JPY 10.505 10.500
Special
Drawing Rights
SDR 1620.801 1619.991

Indicative rates – 05.07.2017

http://www.cbi.iq

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Dinar Daily NEWS Blog – May 6th

US Army: Kurdistan under our protection after the call

The US Army Chief of Staff, Mark Millie, said that Washington is committed to protecting the stability of Iraq and the Kurdistan region in the period following the end of the organization.

“America is committed to its commitments to protect security and stability in Iraq and the Kurdistan region and we will continue to provide the necessary support to the Iraqi forces and the Peshmerga forces,” General Milly said in a statement to the Kurdish space 24.

Iraqi forces and US support continue to campaign for the liberation of the remaining neighborhoods in the western part of Mosul. All expectations indicate a definite defeat for a buoyant organization in Mosul amid massive destruction in the city.

The Peshmerga forces launched the first crackdown on the “Ninawa” campaign on October 17 and were able to extract vast areas of support from US forces and the International Alliance.

US Senator Marco Rubio earlier revealed dialogues and efforts by US political figures to supply the Peshmerga forces with weapons and equipment without returning to the Iraqi government.

The Secretary-General of the Peshmerga Jabbar Yawar said that Washington intends to arm two brigades of the Peshmerga brigades of all types of weapons and armored vehicles and even heavy ones, noting that Congress allocated $ 415 million a year ago as salaries of the Peshmerga elements actively participating in the battles against the organization of a crowd of 36 thousand fighter.

The Peshmerga forces have been fighting for more than two years with American support and participated in the first phase of the liberation campaign in Mosul in coordination with the Iraqi forces and the International Alliance and managed to expel a supporter of vast areas in the Nineveh Plain.

Read more: http://www.dinarupdates.com/showthread.php?48837-US-Army-Kurdistan-under-our-protection-after-the-call

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Latest map of the security forces in Mosul right handed

Read more:  http://www.dinarupdates.com/showthread.php?48835-Latest-map-of-the-security-forces-in-Mosul-right-handed
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Liberation of Mosul Revives Economy in Kurdistan: Official

Liberation of Mosul Revives Economy in Kurdistan: Official

The constant liberation of territories in Mosul has positively impacted the investments in the Kurdistan Region, said an official.

“There has been progress in the markets of Kurdistan Region as well as its domestic and foreign investment, and these are all connected to the liberation of [the majority] of Mosul from Daesh [IS],” said Yasin Mahmoud, a spokesperson for the Board of Investment.

He noted that foreign investors had suspended their projects due to the security crisis caused by IS’ presence in northern Iraq, and now they are resuming their work as the group is nearing its end.

“Nearly $30 billion was allocated to reconstruct Mosul [after the complete defeat of IS], which is expected to benefit the Kurdistan Region’s economy,” Mahmoud stated.

He further revealed that Kurdistan Regional Government (KRG) has also designed an extensive plan for 2017 which will help the revival of its economy.

Read more: http://www.dinarupdates.com/showthread.php?48822-Liberation-of-Mosul-Revives-Economy-in-Kurdistan-Official
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MadDScout (Dinar Guru) –   Article:  “Minister-Iraq-Welcomes-Joint-Ventures-with-Iranian-Companies”  Whether we like it or not Iran and Iraq have a business relationship…this can only be good for Iraq to be on good relations with it’s neighbors and to work on those common ties.  [Maybe the saying, Keep your enemies closer than your friends is in play here?]  Could very well be part of the logic.
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Abbadi Office issued a clarification on Iraq’s agreement with America on its survival

The Office of the Prime Minister Haider Abadi, Friday, clarification on reports that the deal with American troops to remain in Iraq.

The Office said in a statement/balance of news copy, that “international and local news agencies deliberated recently news that Iraq had agreed with the United States on the survival of American troops in Iraq for the period after the military victory over ISIS we affirm that no combat troops of any country on Iraqi soil until you look at whether survival.”

“There are trainers and advisers, and experts from a number of countries and that the Iraqi Government did not agree with any country regarding its military role with Iraq to post the decisive victory against terrorism.”

“We reaffirm that the victory achieved by pure Iraqi hands and tournaments and sacrifices of Iraqis, the Iraqi Government has plans and strategies to develop the capacity of our security forces through training and weaponry to raise the readiness for the challenges ahead and is open to all international experiences and meet Iraq’s ambition to build a military institution and security organs have full readiness to face any future security challenges for foreign or internal compliance with the requirements of the national sovereignty of Iraq.”

Read more: http://www.dinarupdates.com/showthread.php?48814-Abbadi-Office-issued-a-clarification-on-Iraq-s-agreement-with-America-on-its-survival

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“FaceBook LIVE” w/Call-in from Sunday w/BGG

Click here for Video Replay (4/23)

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Video: Iraq receives a grant from the World Bank worth $ 41 million

Forty – one million dollars is the European loan value of the Ministry of Finance, this money will go according to those who made it to the reform and modernization of economic management and the investment process in the country.

In this context, Abdul Razzaq al- Issa said, the Minister of Finance Agency, said : ” The loan value of forty – one and 500 million dollars, to the process of modernizing the Ministry of Finance Management and the process of investment management between the Ministry of Finance and Planning, as well as there will be a grant from the European countries to the process of Iraq ‘s development.”
Know the terms and conditions of the mechanics of soft loans granted by the Ministry of Labor
Video: soft loans to support the unemployed … dialers criticize!

Officials at the World Bank , confirmed that the funds are protected and deposited in the Ministry of Finance for direct disbursement.

For his part, Repairwear quality PU, the Special Representative of the Mission of the World Bank confirmed in Iraq , “This project will put the funds disposal of the Ministry of Finance there will be tenders for the purchase of services and modernization of systems.”

Experts believe that the economic reforms will contribute to creating a magnet for foreign investment factors, which will expand the country ‘s productive base and alleviate the burden on the public budget.
You can see the report on the video above.
Iraq World Bank

Read more:  http://www.dinarupdates.com/showthread.php?48820-Video-Iraq-receives-a-grant-from-the-World-Bank-worth-41-million-Thursday-4-May-20

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تحرير حي مشيرفة الثانية ومنطقة الكنيسة ودير ميخائيل بأيمن الموصل

Urgent edit second Mushayrifa neighborhood and the church and the monastery of Mosul , Mikhail Ayman

Liberated the army, the second Mushayrifa neighborhood and the entire area of the church and the monastery of Michael in the remaining occupied the right side of the city of Mosul Daesh terrorist gangs.

According to a statement of the cell media war received by all of Iraq [where] a copy of it, that “the pieces Armored Division IX freed the second Mushayrifa district of the entire area of The Church and Monastery of Michael on the right coast of Mosul and raised the Iraqi flag over the buildings after the incurrence enemy losses in lives and equipment.”

Read more:  http://www.dinarupdates.com/showthread.php?48819-Urgent-edit-second-Mushayrifa-neighborhood-and-the-church-and-the-monastery-of-Mosul

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Transport planning to establish a water airport in Sulaimaniya

Transport Minister Kazim Cup Erythema, Friday, the intention of the Ministry is studying the establishment of a water airport in Lake Dokan in Sulaimaniya.

He said in a statement received Erythema/balance of news/copy, that

“The cultural capital of Kurdistan accomplished this forum and exhibition of local civil airports in Sulaymaniyah heartening way”, pointing out that “featuring Arabic and foreign and local companies from various continents,” adding that “through this exhibition we positive results contributed to the development of local airports and local airlines, whether private or public sector.

Erythema noted in every province of Iraq in addition to existing airports airport, adding that the Ministry is working on rehabilitation of Mosul airport after cleared of criminal gangs, as well as proposals for an airport in Kirkuk and another airport in Lake Dokan in Sulaymaniyah.”

Read More:  http://www.dinarupdates.com/showthread.php?48815-Transport-planning-to-establish-a-water-airport-in-Sulaimaniya

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Kaperoni (Dinar Guru) –   Article:  “Vice: oversees the United Nations five-year plan for economic development in Iraq”  Quote:  “this time is different from its predecessors, because the United Nations oversees this plan and has allocated a large sum for her, that’s why we think the success of this plan.”   UN means the IMF and World Bank.  We should be excited.

Read more: http://www.dinarupdates.com/observer/
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Kaperoni (Dinar Guru) –   Article:   “Abadi: We prepare for the announcement of the great victory”  Quote:  “According to a statement to the Office of the Prime Media Minister, Abadi said, in his speech , a festival of national unity , which was held under the slogan ( the great victory on our way towards peace): «We are gearing up to announce a great victory, the biggest priority of peace...”   Let’s hope so. 

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

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An Iranian-Iraqi cooperation to implement projects within Iraq endeavouring

IRNA-Iran vulnerable institution agreed ‘ Mohamed Saidi KIA ‘ with Minister of construction and housing and the Iraqi public municipalities ‘ wholesome Osei ‘ cooperation on this Iranian institution affiliates in endeavouring to projects inside Iraq.

Speaking during a joint press conference with the Iraqi Minister, on Wednesday, the head of the Iranian establishment potential vulnerable institution and investment willingness to engage with the Iraqi side in various areas for reconstruction projects in this country.

He was a vulnerable institution able to do reconstruction areas liberated from the control of terrorism and all the projects proposed by the Ministry of housing
.
The Iraqi Minister noted, to the Iranian side and potential energies in various reconstruction areas, including housing, water and sanitation, municipal services and building roads.

Osei Lady showed that the bilateral meeting today discussed ways of signing a memorandum of understanding for mutual cooperation on the resumption of the stalled projects and implement new projects and joint investments in this regard.

Read More:  http://www.dinarupdates.com/showthread.php?48741-An-Iranian-Iraqi-cooperation-to-implement-projects-within-Iraq-endeavouring

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When America is united, America is totally unstoppable.

President Trump

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 Iraqi Dinar/Dollar auction 05-04-17 (most recent listing)

Currency Auctions Announcement No. 3435

This daily currency auction was held in the Central Bank of Iraq on the 05-04-2017

DETAILS NOTES
Number of banks 35
Number of remittance companies 11
Amount sold at auction price (US$) 159,555,532
Amount purchased at Auction price (US$) —–
Total offers for buying (US$) 159,555,532
Total offers for selling (US$) —–

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

Director of the Issuance Department of the Central Bank: Printed currency volume exceeds 11 billion and 600 million dinars

Most of the Iraqi Central Bank steps are subject to political and legal environment of the country , especially in regard to the deletion of zeros that counted specialists in the earlier trend sensitive and dangerous may still be , but the central remains the most important institution in terms of the need to adjust the financial management in light of the financial crisis experienced by the the Iraqi economy, which must have to deal with dilemmas , whether with regard to the citizen or the work of the central bank itself.

Questions concerning important files posed (range) in this meeting , the director of the release and the Treasury in the Central Bank Aa’bas behind, and with being answered by briefly he pointed out the most important points that showed that the currency is good for circulation deposited Central has exceeded one billion and a quarter of a million dinars an amount that is not a little if they were compensated by the stored banknotes at the bank , as some believe, at the time between the printed currency size has exceeded the “11 billion and 600 million dinars, he urged citizens on the need not to keep large amounts in homes or buried in the ground , the fact that the process of replacing in the event expose Dt to burn or damage costs the central administrative and financial burdens, stressing that the counterfeit currency rate is still within the internationally accepted borders, with the central quest to carry out an information campaign to educate the public on how to distinguish between the original currency and Almzorh.oicol behind on a question about the possibility of having higher versions of a class (50000 ) dinars?

– No at present intention to issue a higher class category (50000) dinars.

* What about the subject of the deletion of zeros and the reason for the delay?

– the decision on the deletion of zeros cannot be taken in isolation from the political and legal environment in the country under conditions the security situation as a result of terrorist acts and exit from the provinces outside the control of the state for the years 2014, 2015, 2016 which prevents certainly to wait in the implementation of this project, in addition to that this must be done in coordination with all state departments and the private sector, where it should be followed by changing the paragraphs contained in the various laws, which include a reference to fines or lump – sum collection of fees, must also change the financial and statistical records in order to conform with the project process the deletion of zeros. On the other hand, the technical preparations are underway by us.

* How is the cost of the annual replacement and replacement of damaged currency?

– First , there is no substitution instead of a damaged annually, as the bank instead seeks to issue new papers for security specifications developed, so the cost is reduced in this way it is the cost of issuing new banknotes specifications better used at the same time damaged to the replacement of currency from the previous editions .

We seek to carry out an information campaign to distinguish between original and counterfeit currency

* How discovered the counterfeit currency of the size?

– The Central Bank of Iraq resorted to the use of machines to sophisticated counting and sorting which can detect counterfeit currency, in addition to banks guide using modern techniques in the currency examination, but the problem is not doing shopkeepers enough efforts to use the machines to check the currency, as the bank seeks to campaign media to sensitize the public on how to distinguish between the original currency and counterfeit currency by issuing a booklet definitions and (posters) for this purpose and will be distributed to banks in major shopping malls, and in all cases, the counterfeit currency rate is still within the internationally accepted borders , where even T ratio (0.000025) (Twenty – five million paper sheet).

* What currency damaged by fire or poor storage of citizens compensation mechanisms?

– While we hope the citizens do not keep large amounts in homes or buried in the ground, and to do instead in the deposit with the banks, as the replacement of the burnt currency process or damaged it costs the central bank financial burdens and administrative Colva unwarranted, however the bank is to receive citizens whose savings in Iraqi currency to fire accidents provided that they are documented by the civil Defense Department and be sourced from the project, either in terms of currency (buried) are sufficiency statement on the sources of these funds, and in this regard we call on citizens not to accept the mediation of any hand to Astb The Iraqi currency and that this bank does not receive any commission for its replacement.

We applied security methods with modern technology advanced counting and sorting currency

* What future plans for the central bank currency and print?

– Iraqi Central Bank seeks to keep pace with the evolution of printing currency and modern technologies both in currency printing or counting devices and sorting the currency where they are constantly adding new security features in addition to the acquisition of advanced machines counting and sorting currency, was dispensed with final counting and manual screening process.

* How much is the size of the torn currency and how much of the size of the printed currency?

– The number of banknotes unfit for circulation deposited with this bank (1,277,049,543) cash paper of various categories, where they are compensated from the stored banknotes have this bank, as the number of printed banknotes (11,615,265,154) cash paper of various categories.

Read more:  http://www.dinarupdates.com/showthread.php?48060-Dir-of-the-Issuance-Dept-of-the-Central-Bank-(range)-Printed-currency-11-Billion&p=171964#post171964

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CURRENCY CODE SELL BUY
US dollar USD 1184.000 1182.000
Euro EUR 1292.810 1292.163
British pound GBP 1530.438 1529.673
Canadian dollar CAD 863.351 862.920
Swiss franc CHF 1195.115 1194.517
Swedish krona SEK 134.283 134.216
Norwegian krone NOK 137.711 137.642
Danish krone DKK 173.831 173.744
Japanese yen JPY 10.503 10.498
Special
Drawing Rights
SDR 1621.216 1620.405

Indicative rates – 05.04.2017

http://www.cbi.iq

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Dinar Daily NEWS Blog – May 5th

عشائر الانبار لـ/موازين نيوز/: تعزيزات عسكرية ستصل المحافظة خلال ساعات

Abadi Office issued a clarification on Iraq’s agreement with the United States to keep its troops

Office issued Prime Minister Haider al-Abadi, Friday, clarification on the news of the agreement with the United States to keep its troops in Iraq.

The office said in a statement received / scales News / copy of it, he “traded agencies, international and local news recent news that Iraq had agreed with the United States on the survival of US forces in Iraq for the period after achieving military victory over Daesh We confirm that Nothingness forces fighter from any country on Iraqi soil until the search in survival or not.

He added, There are coaches, consultants and experts from a number of countries and that the Iraqi government did not agree with any country in connection with its military role with Iraq for the post-decisive victory against terrorism.”

He continued, We reaffirm that the victory achieved Beyade Iraqi pure and trophies and sacrifices of the Iraqis and that the Iraqi government has plans and strategies for the development of our security forces capabilities through training and armament to raise the readiness to face the challenges ahead and is open with all international expertise and to meet the ambition of Iraq to build a military establishment and security services enjoy full readiness to face any future external security or international challenges and in accordance with the requirements of the Iraqi national sovereignty

Read more:  http://www.dinarupdates.com/showthread.php?48818-Abadi-Office-issued-a-clarification-on-Iraq-s-agreement-with-the-United-States-to-ke

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المنافذ الحدودية تعلن ضبط شخصين بحوزتهما كمية من المخدرات بزرباطية الحدودي

US Ambassador: Abadi is committed to introducing our companies to Iraq and will push for reforms

Baghdad balances News US Ambassador to Iraq Douglas Silliman, said Prime Minister Haider al-Abadi said, was committed to the introduction of more US companies to do business in Iraq.

This came during a meeting with members of the ambassador of the US Chamber of Commerce in Baghdad during their annual meeting the embassy.

He said Silliman, that the current time is the best for years to press for the achievement of reforms and to look for opportunities in Iraq.

He added, “The US companies have a lot to offer to Iraq, and demand is growing on US companies and we are here to help strengthen trade relations in the Iraqi market .anthy

Read more: http://www.dinarupdates.com/showthread.php?48810-US-Ambassador-Abadi-is-committed-to-introducing-our-companies-to-Iraq-and-will-push

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Liberation of Mosul Revives Economy in Kurdistan: Official

Liberation of Mosul Revives Economy in Kurdistan: Official

The constant liberation of territories in Mosul has positively impacted the investments in the Kurdistan Region, said an official.

“There has been progress in the markets of Kurdistan Region as well as its domestic and foreign investment, and these are all connected to the liberation of [the majority] of Mosul from Daesh [IS],” said Yasin Mahmoud, a spokesperson for the Board of Investment.

He noted that foreign investors had suspended their projects due to the security crisis caused by IS’ presence in northern Iraq, and now they are resuming their work as the group is nearing its end.

“Nearly $30 billion was allocated to reconstruct Mosul [after the complete defeat of IS], which is expected to benefit the Kurdistan Region’s economy,” Mahmoud stated.

He further revealed that Kurdistan Regional Government (KRG) has also designed an extensive plan for 2017 which will help the revival of its economy.

Read more: http://www.dinarupdates.com/showthread.php?48822-Liberation-of-Mosul-Revives-Economy-in-Kurdistan-Official
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Abbadi Office issued a clarification on Iraq’s agreement with America on its survival

The Office of the Prime Minister Haider Abadi, Friday, clarification on reports that the deal with American troops to remain in Iraq.

The Office said in a statement/balance of news copy, that “international and local news agencies deliberated recently news that Iraq had agreed with the United States on the survival of American troops in Iraq for the period after the military victory over ISIS we affirm that no combat troops of any country on Iraqi soil until you look at whether survival.”

“There are trainers and advisers, and experts from a number of countries and that the Iraqi Government did not agree with any country regarding its military role with Iraq to post the decisive victory against terrorism.”

“We reaffirm that the victory achieved by pure Iraqi hands and tournaments and sacrifices of Iraqis, the Iraqi Government has plans and strategies to develop the capacity of our security forces through training and weaponry to raise the readiness for the challenges ahead and is open to all international experiences and meet Iraq’s ambition to build a military institution and security organs have full readiness to face any future security challenges for foreign or internal compliance with the requirements of the national sovereignty of Iraq.”

Read more: http://www.dinarupdates.com/showthread.php?48814-Abbadi-Office-issued-a-clarification-on-Iraq-s-agreement-with-America-on-its-survival

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Video: Iraq receives a grant from the World Bank worth $ 41 million

Forty – one million dollars is the European loan value of the Ministry of Finance, this money will go according to those who made it to the reform and modernization of economic management and the investment process in the country.

In this context, Abdul Razzaq al- Issa said, the Minister of Finance Agency, said : ” The loan value of forty – one and 500 million dollars, to the process of modernizing the Ministry of Finance Management and the process of investment management between the Ministry of Finance and Planning, as well as there will be a grant from the European countries to the process of Iraq ‘s development.”
Know the terms and conditions of the mechanics of soft loans granted by the Ministry of Labor
Video: soft loans to support the unemployed … dialers criticize!

Officials at the World Bank , confirmed that the funds are protected and deposited in the Ministry of Finance for direct disbursement.

For his part, Repairwear quality PU, the Special Representative of the Mission of the World Bank confirmed in Iraq , “This project will put the funds disposal of the Ministry of Finance there will be tenders for the purchase of services and modernization of systems.”

Experts believe that the economic reforms will contribute to creating a magnet for foreign investment factors, which will expand the country ‘s productive base and alleviate the burden on the public budget.
You can see the report on the video above.
Iraq World Bank

Read more:  http://www.dinarupdates.com/showthread.php?48820-Video-Iraq-receives-a-grant-from-the-World-Bank-worth-41-million-Thursday-4-May-20

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Urgent edit second Mushayrifa neighborhood and the church and the monastery of Mosul , Mikhail Ayman

تحرير حي مشيرفة الثانية ومنطقة الكنيسة ودير ميخائيل بأيمن الموصل

Liberated the army, the second Mushayrifa neighborhood and the entire area of the church and the monastery of Michael in the remaining occupied the right side of the city of Mosul Daesh terrorist gangs.

According to a statement of the cell media war received by all of Iraq [where] a copy of it, that “the pieces Armored Division IX freed the second Mushayrifa district of the entire area of The Church and Monastery of Michael on the right coast of Mosul and raised the Iraqi flag over the buildings after the incurrence enemy losses in lives and equipment.”

Read more:  http://www.dinarupdates.com/showthread.php?48819-Urgent-edit-second-Mushayrifa-neighborhood-and-the-church-and-the-monastery-of-Mosul

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Transport planning to establish a water airport in Sulaimaniya

Transport Minister Kazim Cup Erythema, Friday, the intention of the Ministry is studying the establishment of a water airport in Lake Dokan in Sulaimaniya.

He said in a statement received Erythema/balance of news/copy, that

“The cultural capital of Kurdistan accomplished this forum and exhibition of local civil airports in Sulaymaniyah heartening way”, pointing out that “featuring Arabic and foreign and local companies from various continents,” adding that “through this exhibition we positive results contributed to the development of local airports and local airlines, whether private or public sector.

Erythema noted in every province of Iraq in addition to existing airports airport, adding that the Ministry is working on rehabilitation of Mosul airport after cleared of criminal gangs, as well as proposals for an airport in Kirkuk and another airport in Lake Dokan in Sulaymaniyah.”

Read More:  http://www.dinarupdates.com/showthread.php?48815-Transport-planning-to-establish-a-water-airport-in-Sulaimaniya

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Kaperoni (Dinar Guru) –   Article:  “Vice: oversees the United Nations five-year plan for economic development in Iraq”  Quote:  “this time is different from its predecessors, because the United Nations oversees this plan and has allocated a large sum for her, that’s why we think the success of this plan.”   UN means the IMF and World Bank.  We should be excited.

Read more: http://www.dinarupdates.com/observer/
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Kaperoni (Dinar Guru) –   Article:   “Abadi: We prepare for the announcement of the great victory”  Quote:  “According to a statement to the Office of the Prime Media Minister, Abadi said, in his speech , a festival of national unity , which was held under the slogan ( the great victory on our way towards peace): «We are gearing up to announce a great victory, the biggest priority of peace...”   Let’s hope so. 

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

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An Iranian-Iraqi cooperation to implement projects within Iraq endeavouring

IRNA-Iran vulnerable institution agreed ‘ Mohamed Saidi KIA ‘ with Minister of construction and housing and the Iraqi public municipalities ‘ wholesome Osei ‘ cooperation on this Iranian institution affiliates in endeavouring to projects inside Iraq.

Speaking during a joint press conference with the Iraqi Minister, on Wednesday, the head of the Iranian establishment potential vulnerable institution and investment willingness to engage with the Iraqi side in various areas for reconstruction projects in this country.

He was a vulnerable institution able to do reconstruction areas liberated from the control of terrorism and all the projects proposed by the Ministry of housing
.
The Iraqi Minister noted, to the Iranian side and potential energies in various reconstruction areas, including housing, water and sanitation, municipal services and building roads.

Osei Lady showed that the bilateral meeting today discussed ways of signing a memorandum of understanding for mutual cooperation on the resumption of the stalled projects and implement new projects and joint investments in this regard.

Read More:  http://www.dinarupdates.com/showthread.php?48741-An-Iranian-Iraqi-cooperation-to-implement-projects-within-Iraq-endeavouring

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We will be protected by the great men and women of our military and law enforcement and, most importantly, we are protected by God.

President Trump

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 Iraqi Dinar/Dollar auction 05-04-17 (most recent listing)

Currency Auctions Announcement No. 3435

This daily currency auction was held in the Central Bank of Iraq on the 05-04-2017

DETAILS NOTES
Number of banks 35
Number of remittance companies 11
Amount sold at auction price (US$) 159,555,532
Amount purchased at Auction price (US$) —–
Total offers for buying (US$) 159,555,532
Total offers for selling (US$) —–

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

Director of the Issuance Department of the Central Bank: Printed currency volume exceeds 11 billion and 600 million dinars

Most of the Iraqi Central Bank steps are subject to political and legal environment of the country , especially in regard to the deletion of zeros that counted specialists in the earlier trend sensitive and dangerous may still be , but the central remains the most important institution in terms of the need to adjust the financial management in light of the financial crisis experienced by the the Iraqi economy, which must have to deal with dilemmas , whether with regard to the citizen or the work of the central bank itself.

Questions concerning important files posed (range) in this meeting , the director of the release and the Treasury in the Central Bank Aa’bas behind, and with being answered by briefly he pointed out the most important points that showed that the currency is good for circulation deposited Central has exceeded one billion and a quarter of a million dinars an amount that is not a little if they were compensated by the stored banknotes at the bank , as some believe, at the time between the printed currency size has exceeded the “11 billion and 600 million dinars, he urged citizens on the need not to keep large amounts in homes or buried in the ground , the fact that the process of replacing in the event expose Dt to burn or damage costs the central administrative and financial burdens, stressing that the counterfeit currency rate is still within the internationally accepted borders, with the central quest to carry out an information campaign to educate the public on how to distinguish between the original currency and Almzorh.oicol behind on a question about the possibility of having higher versions of a class (50000 ) dinars?

– No at present intention to issue a higher class category (50000) dinars.

* What about the subject of the deletion of zeros and the reason for the delay?

– the decision on the deletion of zeros cannot be taken in isolation from the political and legal environment in the country under conditions the security situation as a result of terrorist acts and exit from the provinces outside the control of the state for the years 2014, 2015, 2016 which prevents certainly to wait in the implementation of this project, in addition to that this must be done in coordination with all state departments and the private sector, where it should be followed by changing the paragraphs contained in the various laws, which include a reference to fines or lump – sum collection of fees, must also change the financial and statistical records in order to conform with the project process the deletion of zeros. On the other hand, the technical preparations are underway by us.

* How is the cost of the annual replacement and replacement of damaged currency?

– First , there is no substitution instead of a damaged annually, as the bank instead seeks to issue new papers for security specifications developed, so the cost is reduced in this way it is the cost of issuing new banknotes specifications better used at the same time damaged to the replacement of currency from the previous editions .

We seek to carry out an information campaign to distinguish between original and counterfeit currency

* How discovered the counterfeit currency of the size?

– The Central Bank of Iraq resorted to the use of machines to sophisticated counting and sorting which can detect counterfeit currency, in addition to banks guide using modern techniques in the currency examination, but the problem is not doing shopkeepers enough efforts to use the machines to check the currency, as the bank seeks to campaign media to sensitize the public on how to distinguish between the original currency and counterfeit currency by issuing a booklet definitions and (posters) for this purpose and will be distributed to banks in major shopping malls, and in all cases, the counterfeit currency rate is still within the internationally accepted borders , where even T ratio (0.000025) (Twenty – five million paper sheet).

* What currency damaged by fire or poor storage of citizens compensation mechanisms?

– While we hope the citizens do not keep large amounts in homes or buried in the ground, and to do instead in the deposit with the banks, as the replacement of the burnt currency process or damaged it costs the central bank financial burdens and administrative Colva unwarranted, however the bank is to receive citizens whose savings in Iraqi currency to fire accidents provided that they are documented by the civil Defense Department and be sourced from the project, either in terms of currency (buried) are sufficiency statement on the sources of these funds, and in this regard we call on citizens not to accept the mediation of any hand to Astb The Iraqi currency and that this bank does not receive any commission for its replacement.

We applied security methods with modern technology advanced counting and sorting currency

* What future plans for the central bank currency and print?

– Iraqi Central Bank seeks to keep pace with the evolution of printing currency and modern technologies both in currency printing or counting devices and sorting the currency where they are constantly adding new security features in addition to the acquisition of advanced machines counting and sorting currency, was dispensed with final counting and manual screening process.

* How much is the size of the torn currency and how much of the size of the printed currency?

– The number of banknotes unfit for circulation deposited with this bank (1,277,049,543) cash paper of various categories, where they are compensated from the stored banknotes have this bank, as the number of printed banknotes (11,615,265,154) cash paper of various categories.

Read more:  http://www.dinarupdates.com/showthread.php?48060-Dir-of-the-Issuance-Dept-of-the-Central-Bank-(range)-Printed-currency-11-Billion&p=171964#post171964

____________________________________________________________ 

CURRENCY CODE SELL BUY
US dollar USD 1184.000 1182.000
Euro EUR 1292.810 1292.163
British pound GBP 1530.438 1529.673
Canadian dollar CAD 863.351 862.920
Swiss franc CHF 1195.115 1194.517
Swedish krona SEK 134.283 134.216
Norwegian krone NOK 137.711 137.642
Danish krone DKK 173.831 173.744
Japanese yen JPY 10.503 10.498
Special
Drawing Rights
SDR 1621.216 1620.405

Indicative rates – 05.04.2017

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!!

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Posted in Daily Dinar Updates | Tagged , , , , , , , , , , , , , , , , , , , , | Comments Off on Dinar Daily NEWS Blog – May 5th

Dinar Daily NEWS Blog – May 4th

Iraq, US in talks to keep American troop presence after IS

Prime Minister Haider al-Abadi is in talks with the Trump administration to keep American troops in Iraq after the fight against the Islamic State group in the country is concluded, according to a U.S. official and an official from the Iraqi government.

Both officials underlined that the discussions are ongoing and that nothing is finalized.

But the talks point to a consensus by both governments that, in contrast to the U.S. withdrawal in 2011, a longer-term presence of American troops in Iraq is needed to ensure that an insurgency does not bubble up again once the militants are driven out.

“There is a general understanding on both sides that it would be in the long-term interests of each to have that continued presence. So as for agreement, yes, we both understand it would be mutually beneficial. That we agree on,” the U.S. official said.

Both officials spoke on condition of anonymity in line with regulations.

The talks involve U.S. Secretary of Defense Jim Mattis and Iraqi officials over “what the long-term U.S. presence would look like,” the American official said, adding that discussions were in early stages and “nothing has been finalized.”

U.S. forces in Iraq would be stationed inside existing Iraqi bases in at least five locations in the Mosul area and along Iraq’s border with Syria, the Iraqi government official said. They would continue to be designated as advisers to dodge the need for parliamentary approval for their presence, he said.

He said al-Abadi is looking to install a “modest” Iraqi military presence in Mosul after the fight against the Islamic State group is concluded along with a small number of U.S. forces. The forces would help control security in the city and oversee the transition to a political administration of Mosul, he said.

The U.S. official emphasized that there were no discussions of creating independent American bases in Iraq, as such a move would require thousands more personnel. He said the troops levels would be “several thousand … similar to what we have now, maybe a little more.”

Currently, the Pentagon has close to 7,000 U.S. troops in Iraq, many not publicly acknowledged because they are on temporary duty or under specific personnel rules. The forces include troops training Iraqi forces, coordinating airstrikes and ground operations, and special forces operating on the front lines.

The news comes as Iraqi forces are struggling to push IS fighters out of a cluster of neighborhoods in western Mosul that mark the last patch of significant urban terrain the group holds in Iraq, nearly three years after the militants overran nearly a third of the country.

Such an agreement would underscore how the fight against IS has drawn the U.S. into a deepening role in Iraq.

At the height of the surge of U.S. forces in 2007 to combat sectarian violence that nearly tore Iraq apart, there were about 170,000 American troops in the country. The numbers were wound down eventually to 40,000 before the complete withdrawal in 2011.

The U.S. intervention against the Islamic State group, launched in 2014, was originally cast as an operation that would largely be fought from the skies with a minimal footprint on Iraqi soil. Nevertheless, that footprint has since grown given Iraqi forces’ need for support.

During a visit to Iraq in February, Mattis and Lt. Gen. Stephen Townsend, the top U.S. commander in Iraq, described an enduring partnership between the U.S. and Iraq.

“I imagine we’ll be in this fight for a while and we’ll stand by each other,” Mattis said.

Townsend, who was standing by Mattis, declined to say how long the United States will stay in Iraq.

But, he said, “I don’t anticipate that we’ll be asked to leave by the government of Iraq immediately after Mosul.”

He added, “I think that the government of Iraq realizes their very complex fight, and they’re going to need the assistance of the coalition even beyond Mosul.”

The talks over a longer-term U.S. presence has greatly concerned Iran, which in turn is increasing support to some of Iraq’s Shiite militia forces, said Jafar al-Husseini, a representative from Kataib Hezbollah, an Iraqi Shiite militia group with close ties to Iran.

“Iraq’s security forces and the Popular Mobilization Forces (mostly Shiite militia groups) have the ability to protect (Iraq’s) internal roads and borders, so why is al-Abadi using American security partners?” al-Hussein asked.

Al-Abadi has long struggled to balance Iraq’s dependence on both the U.S. and Iran. Both countries are key security and economic partners for Iraq, yet are often at odds with each other when it comes to regional politics and security in the greater Middle East.

Over the nearly three-year-long fight against IS, Iraqi forces closely backed by the U.S.-led coalition have retaken some 65 percent of the territory the extremists once held in the country, according to the U.S.-led coalition.

But Iraq’s military is still in the process of rebuilding and reorganizing after it was largely gutted by widespread corruption under former Prime Minister Nouri al-Maliki.

Read more: http://www.dinarupdates.com/showthread.php?48791-Iraq-US-in-talks-to-keep-American-troop-presence-after-IS
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Kuwait sends 75 tons of food commodities to western Mosul residents

Mosul (IraqiNews.com) Kuwait has sent 75 tons of basic food commodities to several districts in the western flank of Mosul city, northern Iraq.

Speaking to the Kuwaiti news agency KUNA, Ismail abdul Aziz, of the Kurdish Barzani Charity Foundation, said 75 tons of the basic commodities are offered by the Kuwait Red Crescent Society to the freed regions in western Mosul.

The commodities included 2500 food baskets, each weighing 30 kilograms, abdul Aziz said. They included rice, flour, cooking oil and beans that cover needs of one family for two weeks.

The initiative, according to abdul Aziz, is a response to calls by human rights groups and residents who suffer acute shortage of food due to military offensives ongoing to liberate the city.

Several rights groups previously warned against aggravating crisis of the besieged residents in the west due to shortage of food, drinking water as spread of diseases.

A previous report by the Iraqi Observatory for Human Rights said quarter a million persons in Mosul have been living on grass as they ran out of food in light of ongoing military operations.

At least half a million persons have been displaced since Iraqi forces launched a major offensive to retake Mosul from IS fighters in October, according to the United Nations and Iraqi migration officials.

Read more: http://www.dinarupdates.com/showthread.php?48788-Kuwait-sends-75-tons-of-food-commodities-to-western-Mosul-residents
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Army forces uncover huge IS munition stash in Mosul

Mosul (IraqiNews.com) Iraqi army forces ran into a large weapons cache belonging to Islamic State militants in Mosul as operations proceed to clear the western side of the city.
Maj. Maan al-Saadi, a second special operations division commander, the army’s Counter-Terrorism Service, was quoted by Alsumaria News saying that a special force found the mini-factory in al-Yabessat district in western Mosul.

The finds included mortar missiles, rockets and rocket launchers, al-Saadi said.
Iraqi government forces recaptured eastern Mosul in January after three months of fighting, and claimed recently to control at least 70 percent of the western side of the city after a second phase of offensives launched in February.

Speaking in a weekly press conference late Tuesday, Prime Minister Haider alAbadi said his military commanders were ready with “new military plans” to recapture remaining cities in Nineveh from Islamic State militants.

Commanders from the U.S.-led coalition backing the Iraqi campaign against IS say there are less than 1000 militants in Mosul, while Iraqi generals believe the group holds less than seven percent of Iraqi territories.
The conflict has so far displaced 600.000 civilians, according to Iraqi government counts.

Read more: http://www.dinarupdates.com/showthread.php?48732-Army-forces-uncover-huge-IS-munition-stash-in-Mosul

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هذا موعد إعلان تحرير أيمن الموصل بالكامل

This is the date of declaration of the full liberation of Mosul

This is the date of declaration of the full liberation of Mosul Ayman.

The Ninewa Operations Command revealed today that the announcement of the liberation of the entire right coast of Mosul will be announced in a few days.

“A few hours apart the security forces from breaking into the remaining neighborhoods in the western axis and penetrating the central axis of Mosul to save civilians held by a terrorist in the areas under their control,” the commander of Nineveh operations, Maj. Gen. Najem Jubouri, said in a statement that ” Which arrived in the village of Hleileh and stationed with the forces of the anti-terrorism in the western axis will launch operations during the hours of the liberation of the areas of Musriva and Riffi and Tmuz and carpenter and remaining neighborhoods in the western axis

Jubouri said that “the federal forces moved into all neighborhoods of downtown Mosul with air support.”

Read more:  http://www.dinarupdates.com/showthread.php?48664-This-is-the-date-of-declaration-of-the-full-liberation-of-Mosul-Monday-May-1-201

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Security Advisor: big surprises awaiting ISIS in Iraq

Detect European Centre for counter terrorism Adviser Abdul Karim Khalaf, the Iraqi military preparations in preparation to launch new operations North and West of the upcoming right cutter for the connector, and among it will be the task of the army unit, stressing the need to accelerate the liberation of cities of Tal Afar walbaag and Kairouan.

Khalaf said the Iranian Fars agency withdrew that “there is a decision of the Supreme military command of security leaders in Nineveh requires willingness to open new fronts in military operations against cliques ISIS North and West of the city of Mosul, right cutter,” Noting “now being finalized by the army which would be anticipated operations”.

He continued after a slow advance “military units starting new operations, Ayman connector at this time specifically accelerates resolve battles left coast and opened the way for our troops toward the city center,” continue “select any time to resolve operations right side under new battles starting and many surprises awaiting ISIS.”

And about the conduct of military operations to the popular West Mosul crowd, among European Counterterrorism Center consultant that “hot spots where ISIS are the cities of Tal Afar walbaag and Kairouan in the Western side of the city and edited destroys the presence and power of ISIS in Mosul,” desert still in front of the crowd many battles within the Western-centred “, stressed” the need to liberate these cities because of their military importance to resolve fights over Mosul

Read more:  http://www.dinarupdates.com/showthread.php?48727-Security-Advisor-big-surprises-awaiting-ISIS-in-Iraq

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Click here for Video Replay (4/23)

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Open a new military front against ISIS West Mosul

Security forces opened Wednesday, a new military front in West Mosul, Nineveh Governorate.

And each agency sources said Iraq [where] “security forces opened a new front on the West side of Mosul, mshirfah area north of Mosul.

He noted that “terrorist ISIS gangs receive direct blows from a new front which accelerates the editing process”.

A number of field commanders confirmed that edit right side of Mosul city to be announced in three weeks, tops.

Read More:  http://www.dinarupdates.com/showthread.php?48740-Open-a-new-military-front-against-ISIS-West-Mosul

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Kaperoni (Dinar Guru) –   Article:  “Vice: oversees the United Nations five-year plan for economic development in Iraq”  Quote:  “this time is different from its predecessors, because the United Nations oversees this plan and has allocated a large sum for her, that’s why we think the success of this plan.”   UN means the IMF and World Bank.  We should be excited.

Read more: http://www.dinarupdates.com/observer/
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Kaperoni (Dinar Guru) –   Article:   “Abadi: We prepare for the announcement of the great victory”  Quote:  “According to a statement to the Office of the Prime Media Minister, Abadi said, in his speech , a festival of national unity , which was held under the slogan ( the great victory on our way towards peace): «We are gearing up to announce a great victory, the biggest priority of peace...”   Let’s hope so. 

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

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An Iranian-Iraqi cooperation to implement projects within Iraq endeavouring

IRNA-Iran vulnerable institution agreed ‘ Mohamed Saidi KIA ‘ with Minister of construction and housing and the Iraqi public municipalities ‘ wholesome Osei ‘ cooperation on this Iranian institution affiliates in endeavouring to projects inside Iraq.

Speaking during a joint press conference with the Iraqi Minister, on Wednesday, the head of the Iranian establishment potential vulnerable institution and investment willingness to engage with the Iraqi side in various areas for reconstruction projects in this country.

He was a vulnerable institution able to do reconstruction areas liberated from the control of terrorism and all the projects proposed by the Ministry of housing
.
The Iraqi Minister noted, to the Iranian side and potential energies in various reconstruction areas, including housing, water and sanitation, municipal services and building roads.

Osei Lady showed that the bilateral meeting today discussed ways of signing a memorandum of understanding for mutual cooperation on the resumption of the stalled projects and implement new projects and joint investments in this regard.

Read More:  http://www.dinarupdates.com/showthread.php?48741-An-Iranian-Iraqi-cooperation-to-implement-projects-within-Iraq-endeavouring

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We will be protected by the great men and women of our military and law enforcement and, most importantly, we are protected by God.

President Trump

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Business Council in cooperation with internal organizing workshop for investor protection and investment projects

Iraqi National Business Council organized in cooperation with the Ministry of the Interior Tuesday, a workshop for investor protection and investment projects that serve the security in the country, among those present that there is close correlation between security and economy and investment.

According to a statement by the Ministry of the Interior received/balance news/copy, the “investor protection and investment projects serve the theme security throughout Iraq,” Noting that “the background to this subject the Iraqi National Business Council established in cooperation with the Ministry of Interior workshop”.

He added that “the workshop was held on Tuesday on the Iraqi National Business Council meetings under the auspices of the Ministry of the Interior and in the presence of advanced leadership cadre in the Ministry and in the presence of the President of the Parliamentary Commission of economy, investment and reconstruction and Services Committee Chairman Representative and a large number of men and women in business”,

For his part, Council President Daud Abdul ROAR gave a speech in which he welcomed the distinguished guests of the House of representatives and leading cadre’s advanced Interior Ministry who attended this workshop, pointing out that “the Interior Ministry daily sacrifices in order to provide security for the citizen to provide plenty of investment opportunities for many continents that could inflate the financial resources of the Ministry such as border and port Ministry employees, housing projects and health insurance and other cooperation with the private sector”.

He demanded that “the Development Directorate for the protection of investment projects, noting what Prime Minister Haider Abadi, who would stop and hindered investment and must kalarhabi to the Interior Ministry to provide security for projects for a price because investors request state protection first and not security companies.”

In turn, the economy and Investment Committee head said prosecutorial Ahmed “Kanani interrelationship between ensuring security and particularly investment and economic projects in general real and effective thread and that economic development can absorb unemployment, which is one of the main reasons for the deviation and undermine security,” prompted “serious work and intensive Interior Ministry to ensure protection of investors

He pointed out that “no entry of foreign investment in Iraq due to the lack of a safe investment environment”, adding that “we as a Commission representative investment economy seized to check details of investment projects and the private sector involved in the discussion of all relevant laws such as the law of economy and investment.”

At the same level of services and reconstruction Committee head said prosecutorial Nazim Al Saadi “that this workshop into investment service, economy, and security services and mechanisms that investment can proceed due to urgent need as a result of a decline in revenue for the State and that no investment without security and the return of migrating capital” m, “pointing to the Interior Ministry to think about how to present investment opportunities to develop financial resources like neighboring countries and others in addition to stopping the spread of slums and urban planning to Baghdad and the provinces.”

Nick introduced some points:

1. formation of investment Department linked to the Minister and competent personality attributes and develop investment map in coordination with the private sector

2. ask Minister to put a direct line between him and investors

3. call on the Interior Ministry to form a special emergency force to raise abuses and abusers of public money in coordination with Baghdad.
The representative said the Interior Minister General Adviser Yassin yasiri, that “there is a strong correlation between security and economy,” the Ministry of Interior are setting sober security database ”

Lmaur have deep discussions workshop management Mr Dawood Abd ROAR involving a large number of businessmen and businesswomen and leading staff of the Ministry of the Interior and the Symposium came a set of recommendations was submitted to the Minister of Interior will be presented to you when approved, had attended the workshop:

Mp Ahmad Nelly
Deputy Nazim Al Saadi
Deputy Captain Abdul Karim
Lawmaker Yahia alaithaoi
Yassin Al-yasseri Adviser representative and Minister of Interior
Major General Mehdi waeli Director General citizenship and passports.
General Amer Saddam FPS Director and characters
Major General Ali Al-Ghurery Baghdad Police Director
Brigadier General Hussein first Federal Police Division Commander my monsters.
Mr Samir police Fund Manager
Brigadier Saad Maen General Manager of public relations Department of the Interior
Commodore engineer Sattar Jabbar, Director of the Ministry of the Interior works
Colonel Mohamed’s Karrada cutter
Colonel Mohamed baidhani relationship manager
Dr Wahab TAEE Interior Minister’s media adviser
Colonel Mohamed Identity Manager

Hossein Kurd Council Member Vice Chair of the Iraqi Federation of industries
Dr Salam smeisim
Dr Hamid penal system.
I hope Mr Hussain President of women business center
Mr Abdul Hassan frozen yogurt
Mr Haider Suhail
Dr Salah XXXXXXX
Hamid al-Hamdani
Mr Ghalib Al-Anbuge
Dr Sam Al-Attiyah
Mr Osama koraïchi IBC
Mr Mohamed Abdel Hamid Moussa
Mr Mohamed bitter melon morning
Iraqi National Business Council members
Ali love
Falah Hassan virtues
Mr Ala metallic ribs is
Mehdi Al-shammari
Mr Haider ISA gesture
Mr Mohamed Jawad al-Jabburi
Mr Saad Jaffar Naji
Mr Durham surgeon
Mr Saad Jaber Al Nuaimi
Mr Mushtaq Zuheir Mohsen
Mr Ahmed Jassim Al-rabeei
Mr Karim Abd al-Rida
Miss Suha Najjar
Hassan Al-zorfi
Mr Nagy chanter
Yasser Sabry
Abbas shmarh
Mr Adham pottery
Mr Razak inclusive
Mr Haider Abdul Karim
Mr Ammar kalh Moses

Read More: http://www.dinarupdates.com/showthread.php?48745-Business-Council-in-cooperation-with-internal-organizing-workshop-for-investor-protec

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 Iraqi Dinar/Dollar auction 05-04-17 (most recent listing)

Currency Auctions Announcement No. 3435

This daily currency auction was held in the Central Bank of Iraq on the 05-04-2017

DETAILS NOTES
Number of banks 35
Number of remittance companies 11
Amount sold at auction price (US$) 159,555,532
Amount purchased at Auction price (US$) —–
Total offers for buying (US$) 159,555,532
Total offers for selling (US$) —–

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

Director of the Issuance Department of the Central Bank: Printed currency volume exceeds 11 billion and 600 million dinars

Most of the Iraqi Central Bank steps are subject to political and legal environment of the country , especially in regard to the deletion of zeros that counted specialists in the earlier trend sensitive and dangerous may still be , but the central remains the most important institution in terms of the need to adjust the financial management in light of the financial crisis experienced by the the Iraqi economy, which must have to deal with dilemmas , whether with regard to the citizen or the work of the central bank itself.

Questions concerning important files posed (range) in this meeting , the director of the release and the Treasury in the Central Bank Aa’bas behind, and with being answered by briefly he pointed out the most important points that showed that the currency is good for circulation deposited Central has exceeded one billion and a quarter of a million dinars an amount that is not a little if they were compensated by the stored banknotes at the bank , as some believe, at the time between the printed currency size has exceeded the “11 billion and 600 million dinars, he urged citizens on the need not to keep large amounts in homes or buried in the ground , the fact that the process of replacing in the event expose Dt to burn or damage costs the central administrative and financial burdens, stressing that the counterfeit currency rate is still within the internationally accepted borders, with the central quest to carry out an information campaign to educate the public on how to distinguish between the original currency and Almzorh.oicol behind on a question about the possibility of having higher versions of a class (50000 ) dinars?

– No at present intention to issue a higher class category (50000) dinars.

* What about the subject of the deletion of zeros and the reason for the delay?

– the decision on the deletion of zeros cannot be taken in isolation from the political and legal environment in the country under conditions the security situation as a result of terrorist acts and exit from the provinces outside the control of the state for the years 2014, 2015, 2016 which prevents certainly to wait in the implementation of this project, in addition to that this must be done in coordination with all state departments and the private sector, where it should be followed by changing the paragraphs contained in the various laws, which include a reference to fines or lump – sum collection of fees, must also change the financial and statistical records in order to conform with the project process the deletion of zeros. On the other hand, the technical preparations are underway by us.

* How is the cost of the annual replacement and replacement of damaged currency?

– First , there is no substitution instead of a damaged annually, as the bank instead seeks to issue new papers for security specifications developed, so the cost is reduced in this way it is the cost of issuing new banknotes specifications better used at the same time damaged to the replacement of currency from the previous editions .

We seek to carry out an information campaign to distinguish between original and counterfeit currency

* How discovered the counterfeit currency of the size?

– The Central Bank of Iraq resorted to the use of machines to sophisticated counting and sorting which can detect counterfeit currency, in addition to banks guide using modern techniques in the currency examination, but the problem is not doing shopkeepers enough efforts to use the machines to check the currency, as the bank seeks to campaign media to sensitize the public on how to distinguish between the original currency and counterfeit currency by issuing a booklet definitions and (posters) for this purpose and will be distributed to banks in major shopping malls, and in all cases, the counterfeit currency rate is still within the internationally accepted borders , where even T ratio (0.000025) (Twenty – five million paper sheet).

* What currency damaged by fire or poor storage of citizens compensation mechanisms?

– While we hope the citizens do not keep large amounts in homes or buried in the ground, and to do instead in the deposit with the banks, as the replacement of the burnt currency process or damaged it costs the central bank financial burdens and administrative Colva unwarranted, however the bank is to receive citizens whose savings in Iraqi currency to fire accidents provided that they are documented by the civil Defense Department and be sourced from the project, either in terms of currency (buried) are sufficiency statement on the sources of these funds, and in this regard we call on citizens not to accept the mediation of any hand to Astb The Iraqi currency and that this bank does not receive any commission for its replacement.

We applied security methods with modern technology advanced counting and sorting currency

* What future plans for the central bank currency and print?

– Iraqi Central Bank seeks to keep pace with the evolution of printing currency and modern technologies both in currency printing or counting devices and sorting the currency where they are constantly adding new security features in addition to the acquisition of advanced machines counting and sorting currency, was dispensed with final counting and manual screening process.

* How much is the size of the torn currency and how much of the size of the printed currency?

– The number of banknotes unfit for circulation deposited with this bank (1,277,049,543) cash paper of various categories, where they are compensated from the stored banknotes have this bank, as the number of printed banknotes (11,615,265,154) cash paper of various categories.

Read more:  http://www.dinarupdates.com/showthread.php?48060-Dir-of-the-Issuance-Dept-of-the-Central-Bank-(range)-Printed-currency-11-Billion&p=171964#post171964

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CURRENCY CODE SELL BUY
US dollar USD 1184.000 1182.000
Euro EUR 1292.810 1292.163
British pound GBP 1530.438 1529.673
Canadian dollar CAD 863.351 862.920
Swiss franc CHF 1195.115 1194.517
Swedish krona SEK 134.283 134.216
Norwegian krone NOK 137.711 137.642
Danish krone DKK 173.831 173.744
Japanese yen JPY 10.503 10.498
Special
Drawing Rights
SDR 1621.216 1620.405

Indicative rates – 05.04.2017

http://www.cbi.iq

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