Welcome to the Dinar Daily NEWS Blog. For regular Dinar News Updates, Dinar to USD listings, Iraqi Dinar info and Dinar info – THAT MATTERS!! This is a good place to start for your Daily Dinar Recap – if you are a Dinar vet or just looking for the current Dinar Value – Welcome.

Word for the day…

Mrs. BGG

Iraqi Dinar/Dollar auction 01-08-17 (most recent listing)

Currency Auctions Announcement No. 3354

This daily currency auction was held in the Central Bank of Iraq on the 1-8-2017

The results were as follows:

More: http://dinarupdates.com/observer/
______________________________________________________________

We have it in our power to begin the world over again. – Thomas Paine

*** Current News ***

Follow us on twitter @DinarUpdates !!

Don’t MISS – “NEWS TIME” w/BGG & Company – Jan 8th 7:30pm EST – In the DU CHAT Room!!

www.DinarUpdates.com – save as favorite

Government measures to raise the value of the dinar and prevent monopoly sale

Governmental banking company to reduce the use of forged documents in the currency smuggling

The observer of the Iraqi – Mushtaq Hasnawi – CBI is seeking to raise the Iraqi dinar exchange rate against the dollar in the domestic market during the next term in coordination with the government and private banks through several steps in the forefront of the establishment of government banking company controls the sale of foreign currency by the Central Bank of the recommendations, as well as all other administrative steps will contribute to the reduction of the high dollar exchange rate despite the infusion central bank large amounts of dollar to meet domestic market needs, but the government and the central bank ‘s policy of relying on oil to bring in hard currency for the country may cause future economic problems in the country.

And sees specialists that there is fraud of the documents under which banks and dealers get hard currency from the bank auction and that befuddled the process of selling them in the domestic market, driving up the dollar ‘s exchange rate against the dinar, and the security forces did not take any actions against the counterfeiters in spite of filing complaints so the fact that most of them linked to influential political party hinder the application of the law, and there are expectations of an increase of revenues of hard currency due to improved oil prices, and this will have a significant role in increasing the supply of foreign currency on the domestic market and thus will increase the central bank’s dollar selling to Mwatunain.edo governing body outlets

Central Bank Majid picture says in a conversation with (Iraqi observer): the Central Bank has taken several measures in order to raise the value of the Iraqi dinar , including the establishment of government banking company in collaboration with the Rafidain and Rasheed , as well as the participation of trade Bank of Iraq … and take this company upon themselves to sell the dollar operation in the domestic market in order not to monopoly by the banks that participate in the currency the central bank window, and continued the picture: there is a problem facing our work forged documents under which the traders and banks get hard currency from the bank auction, and most of these forged documents in spite of the presence of ratifications commercial attache offices to some embassies in Iraq, strange that the security services did not take any actions against counterfeiters , because each link of influential political figures in the government.

Suri predicted that there would be positive effects of the agreement to cut oil production “OPEC” on the Iraqi dinar exchange rate. He pointed out that Iraq ‘s revenues in hard currency may Tzdad, and this will have a significant role in increasing the supply of currency in the local market.

For his part, the financial expert punitive Hamid said in a conversation with (Iraqi observer) that 80 percent of the $ 312 billion sold by the central bank in 12 years, had been smuggled abroad. He added: “12 years ago to establish a central bank auction, it was sold $ 312 billion , and 80 percent of them turned out of Iraq.

He explained: Participants in the Auction currency from banks and companies, their goal was to obtain hard currency at a lower price to be smuggled out of Iraq, after the submission of forged trade documents.

And he demanded punitive government to change its economic policy on how to bring in hard currency for the country through the activation of the productive sectors in which to fill the local need and a surplus for export abroad and not to rely entirely on oil to finance Iraq ‘s budget for the coming years. To that central bank sales of the dollar dropped in 2016 by more than ten billion dollars from a year earlier.

The bank said in a statement that sales of the dollar banks reached since the beginning of the year 2016 and up to 31 of December 33 billion and 523 million and 710 thousand and $ 489. He added this amount dropped from what it was on the same date last year in 2015 in which sales reached 44 billion and 147 million and 223 thousand and $ 185.

Almuraqeb-aliraqi.org

BGG (Dinar Guru) –  …everyone (me included) has operated under this premise that “they” wouldn’t tell us…like it’s some big secret… “the WHALES would sweep in and buy up Iraq for pennies on the dollar”…WHO WOULD THE WHALES BUY IT FROM?  the amount of Dinar in circulation outside of Iraq is a set number – they could care less who owns it…me – you – the guy down the street… it’s all the same to them.   …these articles they are printing are for their own people and their own purposes. Nothing to do with us… we are actually the little fish in this whole play.   …the currency “re-integration” is NOT THE BIG PLAY HERE.  Big time traders will make money on this the same way they always do – by trading once this new market goes digital and is accessible…and the big play is the “wall of investment capital” Iraq will get hit with once this happens. Once they are fully re-integrated in the world economy – THIS IS THE REAL PLAY.  [The first few days on the ISX after their currency is international is going to be facinating.]  Could be the biggest single movement in this whole happening.

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

Dinar Updates – “DU News Call!!”
from Thurs. nite – Jan 5th
w/The DU FaceBook Crew!!
Click-N-Listen (link below)!!

Smart phone user link – Click here

wmawhite (Dinar Guru) –  They have laws that eventually need to be passed. However, none of those laws preclude a change in the value of the currency.  Remember, nearly 21 months ago…March 3, 2015 the CBI announced that they had received the “green light” to move forward with the “Delete The Zeros Project.”  nothing about needing any laws passed…this event is in process…it is not a single event.  Instead, it has many parts to it and the value change is only one part of the project that is needed up front.

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

Central Bank of Iraq supports the currency “delete the zeros” (from) the Dinar

Revealed the Keywords Governor of the Central Bank of Iraq to delete the zeros of the Iraqi currency, he began to develop the first steps of the support of the Iraqi dinar project.

Keywords and said in a statement, said that the aim of the deletion of three zeros is to support the Iraqi dinar, and make it a competitor to foreign currencies, pointing out that this strategic project will serve the country ‘s economy, as the dinar will be included in the global basket of currencies in the vital exchanges.

He added that the bank is working on mechanisms for the implementation of the project, it is expected to start at the beginning of 2017. He pointed out that the introduction of the new currency does not mean the destruction of ancient coins, but will continue to trade for about 10 years.

Abmisr.com

Dinar Updates – “After Call!!”
from Tues. nite – Jan 3rd
w/RCookie, Mr White,
Daytrader and Hutch!!
Click-N-Listen (link below)!!

Smart phone user link – Click here

Iraq:

If you could find some way to convince folks to at least skim through this document, they would be amazed. The moves Abadi has been making the last few months – kind of sense now. There is some outstanding information here.

DayTrader

IMF EXECUTIVE BOARD COMPLETES FIRST REVIEW IRAQ’S STAND-BY ARRANGEMENT (45 pages…)

BGG (Dinar Guru) –   [Can Iraq go international with their currency before the UNSC meets and officially releases the final two sanctions?]   the assumption the “Iraq can GO international with their currency” is a flawed viewpoint. They need this international support to do such a thing.  Where would Iraq be if no one is willing to accept whatever change they put forth?   …they will get to do what they get support (and guidance) to do…they succeed thus far – because they are listening and doing.  [Hope the UNSC meets soon to provide the clearance.]  The IMF and WB are much more important – the UNSC will be lucky if they exist in a year or two.

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

Be sure to join the Dinar Updates “private” FaceBook Group…

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

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

Iraq calls for the implementation of e – dinar

Baghdad / Rafidain Bank urged to leave work instruments system before issuing the e-dinar.

The Director of the Rafidain Bank Khawla student, in a press statement, said that “electronic money are important in increasing the money supply within the banking system,” indicating it would “contribute to the creation of deposits out of bank records and help to monitor and control the movement of these deposits.”

She stressed that “the electronic system helps eliminate corruption and fraud and speed up the collection and payment and provision of services have the consent of the citizens and increase the level of culture among the society”, calling on the media to “that supports the banking business in Iraq and not to discredit the banks because it would shake the trust between the public and the banks.” .

Jabbar and stressed “the need to leave work instruments system before issuing the e-dinar with the emphasis on raising public awareness of distasteful regimes electronic payment.”

The e-dinar means get rid of the payment in cash to electronic payment through credit cards, which operates most of the countries.

Read More: http://www.dinarupdates.com/showthread.php?44966-Iraq-calls-for-the-

______________________________________________________________

Indicative rates – 01.08.2017

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

Welcome to the Dinar Daily NEWS Blog. For regular Dinar News Updates, Dinar to USD listings, Iraqi Dinar info and Dinar info – THAT MATTERS!! This is a good place to start for your Daily Dinar Recap – if you are a Dinar vet or just looking for the current Dinar Value – Welcome.

Word for the day…

Mrs. BGG

Iraqi Dinar/Dollar auction 01-05-17 (most recent listing)

Currency Auctions Announcement No. 3353

This daily currency auction was held in the Central Bank of Iraq on the 1-5-2017

The results were as follows:

More: http://dinarupdates.com/observer/
______________________________________________________________

Those who expect to reap the blessings of freedom must, like men, undergo the fatigue of supporting it. – Thomas Paine

*** Current News ***

Dinar Updates – “DU News Call!!”
from Thurs. nite – Jan 5th
w/The DU FaceBook Crew!!
Click-N-Listen (link below)!!

Smart phone user link – Click here

An invitation to support the dinar and the strengthening of its purchasing power

BAGHDAD / Mustafa Hashimi – Strengthening of the local currency is a national task they represent the sovereignty of Iraq and preservation of state stimuli represents a great responsibility lies with the relevant authorities in the light of a series of challenges taking place in the country.

Economic academic Dr. Essam Mahouelle called to be 2017 years to strengthen the dinar ‘s purchasing power and strengthens confidence in the national currency , which represents the sovereignty of Iraq, noting at the same time the need to restrict foreign business dealings only in dollars.

And ways to revive the dinar and upgrade more than its value saw Mahouelle in an interview {Sabah »necessity of things , management of the country economic mentality and purely look long – term, along with the importance Quote economic experiences of states have passed similar circumstances to what Iraq is going through, as well as the reduction of trading the dollar in commercial transactions Interior to support the national currency.

Mahouelle be regulated by the Central Bank and coordination with economic authorities and relevant ministries confirmed role in enhancing the value of the dinar by preventing the circulation of foreign currency in the local commerce for any reason whatsoever and counted only in foreign trade, indicating the importance that civil and government banks take measures that will strengthen the dealing in Iraqi dinar .

It is said that the sale price of the dollar on Monday amounted to 1310 dinars, ie 131 000 dinars, for a hundred dollars, while the total purchase price in 1300 dinars, ie 130 000 dinars, for a hundred dollars.

Mahouelle said that the decline in the value of the dinar against the dollar, in fact, began the war with Iran and the invasion of Kuwait, stressing that the policies of the former regime burned all the hopes of Iraqi economists to amend the path of the local economic situation and guide the country ‘s resources towards development.

He said, since the nineties of the last century and the days of international sanctions and the dollar dominates the local market transactions away from the dinar as a result of faulty economic policies pursued by the former regime.

He pointed out that when the prices of imported goods began to rise, Iraqis felt that the old price of the dinar against the dollar has fallen so much and began to think of what has become and find solutions to them.

The dollar exchange rate against the dinar has fluctuated between ascending and descending was reported in the nineties about 4000 dinars to the dollar, while the price has seen a gradual decline after 2003 to continue to decline to 1,200 dinars to the dollar in the last ten years, while he returned to rise again after the adoption of the budget in 2015 and forcing the Central Bank identifies sales of foreign currency in accordance with Article 50 of that year ‘s budget law.

Mahouelle explained that the International Monetary Fund and the post – World War II division of the world ‘s currencies to be and are non-transferable and was part of the Iraqi dinar currency is convertible.

He said the convertible currencies suitable for international settlements (ie to settle payments in foreign trade of the countries), has been preparing a list of those currencies represented currencies the victors in World War II, and did not include the Soviet bloc currencies at the time because of the approach is capitalist in the conduct of its economy and the economies of countries that fall under its control.

He said either the Iraqi currency was within the currency is convertible which can not be used for international settlements , but turning it into another currency, or to the dollar (Oogerh), and goes to Iraq to be paid the proceeds of the sale of oil to the US dollar and that the equivalent of the dinar to $ 3.32.

He said that Iraq, which reached a population of 8 million people, citizens did not know a dollar coin and Ashklh did not deliberate it within the borders of the country at all, as hard place to find a store, in that era, displays his goods are priced in dollars.

He Mahouelle at the conclusion of his speech that traders importers of goods (commercial / industrial / agricultural) were turning the dinar to the dollar when paying their price through banks, where the audience did not feel the importance of the US currency , but when traveling abroad and are turning to banks turned them dinar to the dollar and give them foreign currency in cash or travelers instruments after the central bank ‘s approval and under the foreign exchange law.

Read More: http://www.dinarupdates.com/showthread.php?45175-An-invitation-to-support-the-dinar-and-the-strengthening-of-its-purchasing-power-1-2&p=167622#post167622

BGG (Dinar Guru) –   [what are you most excited about lately?]  All of it. Hard to pin my interest on any one thing…and maybe that is the exciting part – it isn’t just one thing.  It’s the forward velocity on virtually all fronts.  [top five?]   5) IMHO there is more to this comment by Abadi over Mosul taking 3 more months the other day… I really doubt that proves to be accurate… translation? Political posturing? Some kind of intentinal mislead? IDK – but it does seem at odds with most of his previous commentary.  4) The recovery of stolen monies by the GOI – big news. They are looking to put an end to the culture of corruption.   3) The passage of the J&A Law – HUGE piece…2) General forward velocity of all the Economic and Financial reforms going on right now – they are really building an economy – FAST.  1) Obviously – the statements by the current Gov of the CBI concerning their “beginning of 2017” timeline – HUGE! 

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

Follow us on twitter @DinarUpdates !!

Don’t MISS – “NEWS TIME” w/The DU FaceBook Crew – Jan 5th 7:30pm EST – In the DU CHAT Room!!

www.DinarUpdates.com – save as favorite

BGG (Dinar Guru) –   [Do you think Iraq is feeling any kind of urgency to complete the economic reform as of late.]  I don’t know that “urgency” is in their vocabulary – but they are moving forward with “extreme prejudice”.  Much of this progress is highly likely the oversight of the IMF/WB at play – they say – Iraq does, IT WORKS. Good stuff.

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

Central Bank of Iraq supports the currency “delete the zeros” (from) the Dinar

Revealed the Keywords Governor of the Central Bank of Iraq to delete the zeros of the Iraqi currency, he began to develop the first steps of the support of the Iraqi dinar project.

Keywords and said in a statement, said that the aim of the deletion of three zeros is to support the Iraqi dinar, and make it a competitor to foreign currencies, pointing out that this strategic project will serve the country ‘s economy, as the dinar will be included in the global basket of currencies in the vital exchanges.

He added that the bank is working on mechanisms for the implementation of the project, it is expected to start at the beginning of 2017. He pointed out that the introduction of the new currency does not mean the destruction of ancient coins, but will continue to trade for about 10 years.

Abmisr.com

Dinar Updates – “After Call!!”
from Tues. nite – Jan 3rd
w/RCookie, Mr White,
Daytrader and Hutch!!
Click-N-Listen (link below)!!

Smart phone user link – Click here

Iraq:

If you could find some way to convince folks to at least skim through this document, they would be amazed. The moves Abadi has been making the last few months – kind of sense now. There is some outstanding information here.

DayTrader

IMF EXECUTIVE BOARD COMPLETES FIRST REVIEW IRAQ’S STAND-BY ARRANGEMENT (45 pages…)

BGG (Dinar Guru) –   [Can Iraq go international with their currency before the UNSC meets and officially releases the final two sanctions?]   the assumption the “Iraq can GO international with their currency” is a flawed viewpoint. They need this international support to do such a thing.  Where would Iraq be if no one is willing to accept whatever change they put forth?   …they will get to do what they get support (and guidance) to do…they succeed thus far – because they are listening and doing.  [Hope the UNSC meets soon to provide the clearance.]  The IMF and WB are much more important – the UNSC will be lucky if they exist in a year or two.

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

Central Bank eliminates the use of customer financial operations of electronic fee

[Oan- Baghdad] The Central Bank of Iraq, cancel use of customer financial operations of electronic charge.

According to a statement to inform the bank received by all of Iraq [where] a copy of it, “in order to spread the culture of the electronic payment system and the shift from cash to electronic transfers in different financial operations as well as to encourage citizens to adopt modern methods in electronic point of sale [POS], the central bank decided Iraqi that the customer does not bear any fees when using electronic POS scattered across Iraq.

Read More: http://www.dinarupdates.com/showthread.php?44974-Central-Bank-eliminates-the-use-of-customer-financial-operations-of-electronic-fee&p=167286#post167286

______________________________________________________________

Be sure to join the Dinar Updates “private” FaceBook Group…

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

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

Iraq calls for the implementation of e – dinar

Baghdad / Rafidain Bank urged to leave work instruments system before issuing the e-dinar.

The Director of the Rafidain Bank Khawla student, in a press statement, said that “electronic money are important in increasing the money supply within the banking system,” indicating it would “contribute to the creation of deposits out of bank records and help to monitor and control the movement of these deposits.”

She stressed that “the electronic system helps eliminate corruption and fraud and speed up the collection and payment and provision of services have the consent of the citizens and increase the level of culture among the society”, calling on the media to “that supports the banking business in Iraq and not to discredit the banks because it would shake the trust between the public and the banks.” .

Jabbar and stressed “the need to leave work instruments system before issuing the e-dinar with the emphasis on raising public awareness of distasteful regimes electronic payment.”

The e-dinar means get rid of the payment in cash to electronic payment through credit cards, which operates most of the countries.

Read More: http://www.dinarupdates.com/showthread.php?44966-Iraq-calls-for-the-

______________________________________________________________

Indicative rates – 01.05.2017

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

Welcome to the Dinar Daily NEWS Blog. For regular Dinar News Updates, Dinar to USD listings, Iraqi Dinar info and Dinar info – THAT MATTERS!! This is a good place to start for your Daily Dinar Recap – if you are a Dinar vet or just looking for the current Dinar Value – Welcome.

Word for the day…

Mrs. BGG

Iraqi Dinar/Dollar auction 01-04-17 (most recent listing)

Currency Auctions Announcement No. 3352

This daily currency auction was held in the Central Bank of Iraq on the 1-4-2017

The results were as follows:

More: http://dinarupdates.com/observer/
______________________________________________________________

Those who expect to reap the blessings of freedom must, like men, undergo the fatigue of supporting it. – Thomas Paine

*** Current News ***

Follow us on twitter @DinarUpdates !!

Don’t MISS – “NEWS TIME” w/The DU FaceBook Crew – Jan 5th 7:30pm EST – In the DU CHAT Room!!

www.DinarUpdates.com – save as favorite

An invitation to support the dinar and the strengthening of its purchasing power

BAGHDAD / Mustafa Hashimi – Strengthening of the local currency is a national task they represent the sovereignty of Iraq and preservation of state stimuli represents a great responsibility lies with the relevant authorities in the light of a series of challenges taking place in the country.

Economic academic Dr. Essam Mahouelle called to be 2017 years to strengthen the dinar ‘s purchasing power and strengthens confidence in the national currency , which represents the sovereignty of Iraq, noting at the same time the need to restrict foreign business dealings only in dollars.

And ways to revive the dinar and upgrade more than its value saw Mahouelle in an interview {Sabah »necessity of things , management of the country economic mentality and purely look long – term, along with the importance Quote economic experiences of states have passed similar circumstances to what Iraq is going through, as well as the reduction of trading the dollar in commercial transactions Interior to support the national currency.

Mahouelle be regulated by the Central Bank and coordination with economic authorities and relevant ministries confirmed role in enhancing the value of the dinar by preventing the circulation of foreign currency in the local commerce for any reason whatsoever and counted only in foreign trade, indicating the importance that civil and government banks take measures that will strengthen the dealing in Iraqi dinar .

It is said that the sale price of the dollar on Monday amounted to 1310 dinars, ie 131 000 dinars, for a hundred dollars, while the total purchase price in 1300 dinars, ie 130 000 dinars, for a hundred dollars.

Mahouelle said that the decline in the value of the dinar against the dollar, in fact, began the war with Iran and the invasion of Kuwait, stressing that the policies of the former regime burned all the hopes of Iraqi economists to amend the path of the local economic situation and guide the country ‘s resources towards development.

He said, since the nineties of the last century and the days of international sanctions and the dollar dominates the local market transactions away from the dinar as a result of faulty economic policies pursued by the former regime.

He pointed out that when the prices of imported goods began to rise, Iraqis felt that the old price of the dinar against the dollar has fallen so much and began to think of what has become and find solutions to them.

The dollar exchange rate against the dinar has fluctuated between ascending and descending was reported in the nineties about 4000 dinars to the dollar, while the price has seen a gradual decline after 2003 to continue to decline to 1,200 dinars to the dollar in the last ten years, while he returned to rise again after the adoption of the budget in 2015 and forcing the Central Bank identifies sales of foreign currency in accordance with Article 50 of that year ‘s budget law.

Mahouelle explained that the International Monetary Fund and the post – World War II division of the world ‘s currencies to be and are non-transferable and was part of the Iraqi dinar currency is convertible.

He said the convertible currencies suitable for international settlements (ie to settle payments in foreign trade of the countries), has been preparing a list of those currencies represented currencies the victors in World War II, and did not include the Soviet bloc currencies at the time because of the approach is capitalist in the conduct of its economy and the economies of countries that fall under its control.

He said either the Iraqi currency was within the currency is convertible which can not be used for international settlements , but turning it into another currency, or to the dollar (Oogerh), and goes to Iraq to be paid the proceeds of the sale of oil to the US dollar and that the equivalent of the dinar to $ 3.32.

He said that Iraq, which reached a population of 8 million people, citizens did not know a dollar coin and Ashklh did not deliberate it within the borders of the country at all, as hard place to find a store, in that era, displays his goods are priced in dollars.

He Mahouelle at the conclusion of his speech that traders importers of goods (commercial / industrial / agricultural) were turning the dinar to the dollar when paying their price through banks, where the audience did not feel the importance of the US currency , but when traveling abroad and are turning to banks turned them dinar to the dollar and give them foreign currency in cash or travelers instruments after the central bank ‘s approval and under the foreign exchange law.

Read More: http://www.dinarupdates.com/showthread.php?45175-An-invitation-to-support-the-dinar-and-the-strengthening-of-its-purchasing-power-1-2&p=167622#post167622

BGG (Dinar Guru) –   [what are you most excited about lately?]  All of it. Hard to pin my interest on any one thing…and maybe that is the exciting part – it isn’t just one thing.  It’s the forward velocity on virtually all fronts.  [top five?]   5) IMHO there is more to this comment by Abadi over Mosul taking 3 more months the other day… I really doubt that proves to be accurate… translation? Political posturing? Some kind of intentinal mislead? IDK – but it does seem at odds with most of his previous commentary.  4) The recovery of stolen monies by the GOI – big news. They are looking to put an end to the culture of corruption.   3) The passage of the J&A Law – HUGE piece…2) General forward velocity of all the Economic and Financial reforms going on right now – they are really building an economy – FAST.  1) Obviously – the statements by the current Gov of the CBI concerning their “beginning of 2017” timeline – HUGE! 

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

Dinar Updates – “DU News Call!!”
Thurs. nite – Jan 5th
w/The DU FaceBook Crew!!
641-715-3640 pin#528733
or Click-N-Listen (link below)!!

from Jan 3rd – Smart phone user link – Click here

BGG (Dinar Guru) –   [Do you think Iraq is feeling any kind of urgency to complete the economic reform as of late.]  I don’t know that “urgency” is in their vocabulary – but they are moving forward with “extreme prejudice”.  Much of this progress is highly likely the oversight of the IMF/WB at play – they say – Iraq does, IT WORKS. Good stuff.

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

Central Bank of Iraq supports the currency “delete the zeros” (from) the Dinar

Revealed the Keywords Governor of the Central Bank of Iraq to delete the zeros of the Iraqi currency, he began to develop the first steps of the support of the Iraqi dinar project.

Keywords and said in a statement, said that the aim of the deletion of three zeros is to support the Iraqi dinar, and make it a competitor to foreign currencies, pointing out that this strategic project will serve the country ‘s economy, as the dinar will be included in the global basket of currencies in the vital exchanges.

He added that the bank is working on mechanisms for the implementation of the project, it is expected to start at the beginning of 2017. He pointed out that the introduction of the new currency does not mean the destruction of ancient coins, but will continue to trade for about 10 years.

Abmisr.com

Dinar Updates – “After Call!!”
from Tues. nite – Jan 3rd
w/RCookie, Mr White,
Daytrader and Hutch!!
Click-N-Listen (link below)!!

Smart phone user link – Click here

Iraq:

If you could find some way to convince folks to at least skim through this document, they would be amazed. The moves Abadi has been making the last few months – kind of sense now. There is some outstanding information here.

DayTrader

IMF EXECUTIVE BOARD COMPLETES FIRST REVIEW IRAQ’S STAND-BY ARRANGEMENT (45 pages…)

BGG (Dinar Guru) –   [Can Iraq go international with their currency before the UNSC meets and officially releases the final two sanctions?]   the assumption the “Iraq can GO international with their currency” is a flawed viewpoint. They need this international support to do such a thing.  Where would Iraq be if no one is willing to accept whatever change they put forth?   …they will get to do what they get support (and guidance) to do…they succeed thus far – because they are listening and doing.  [Hope the UNSC meets soon to provide the clearance.]  The IMF and WB are much more important – the UNSC will be lucky if they exist in a year or two.

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

Central Bank eliminates the use of customer financial operations of electronic fee

[Oan- Baghdad] The Central Bank of Iraq, cancel use of customer financial operations of electronic charge.

According to a statement to inform the bank received by all of Iraq [where] a copy of it, “in order to spread the culture of the electronic payment system and the shift from cash to electronic transfers in different financial operations as well as to encourage citizens to adopt modern methods in electronic point of sale [POS], the central bank decided Iraqi that the customer does not bear any fees when using electronic POS scattered across Iraq.

Read More: http://www.dinarupdates.com/showthread.php?44974-Central-Bank-eliminates-the-use-of-customer-financial-operations-of-electronic-fee&p=167286#post167286

______________________________________________________________

Be sure to join the Dinar Updates “private” FaceBook Group…

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

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

Iraq calls for the implementation of e – dinar

Baghdad / Rafidain Bank urged to leave work instruments system before issuing the e-dinar.

The Director of the Rafidain Bank Khawla student, in a press statement, said that “electronic money are important in increasing the money supply within the banking system,” indicating it would “contribute to the creation of deposits out of bank records and help to monitor and control the movement of these deposits.”

She stressed that “the electronic system helps eliminate corruption and fraud and speed up the collection and payment and provision of services have the consent of the citizens and increase the level of culture among the society”, calling on the media to “that supports the banking business in Iraq and not to discredit the banks because it would shake the trust between the public and the banks.” .

Jabbar and stressed “the need to leave work instruments system before issuing the e-dinar with the emphasis on raising public awareness of distasteful regimes electronic payment.”

The e-dinar means get rid of the payment in cash to electronic payment through credit cards, which operates most of the countries.

Read More: http://www.dinarupdates.com/showthread.php?44966-Iraq-calls-for-the-

______________________________________________________________

Indicative rates – 01.04.2017

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!!

www.DinarUpdates.com

Welcome to the Dinar Daily NEWS Blog. For regular Dinar News Updates, Dinar to USD listings, Iraqi Dinar info and Dinar info – THAT MATTERS!! This is a good place to start for your Daily Dinar Recap – if you are a Dinar vet or just looking for the current Dinar Value – Welcome.

Word for the day…

Mrs. BGG

Iraqi Dinar/Dollar auction 01-03-17 (most recent listing)

Currency Auctions Announcement No. 3351

This daily currency auction was held in the Central Bank of Iraq on the 1-3-2017

The results were as follows:

More: http://dinarupdates.com/observer/
______________________________________________________________

Audaces fortuna iuvat. (Fortune favors the brave.) – Virgil

*** Current News ***

Dinar Updates – “After Call!!”
from Tues. nite – Jan 3rd
w/RCookie, Mr White,
Daytrader and Hutch!!
Click-N-Listen (link below)!!

Smart phone user link – Click here

An invitation to support the dinar and the strengthening of its purchasing power

BAGHDAD / Mustafa Hashimi – Strengthening of the local currency is a national task they represent the sovereignty of Iraq and preservation of state stimuli represents a great responsibility lies with the relevant authorities in the light of a series of challenges taking place in the country.

Economic academic Dr. Essam Mahouelle called to be 2017 years to strengthen the dinar ‘s purchasing power and strengthens confidence in the national currency , which represents the sovereignty of Iraq, noting at the same time the need to restrict foreign business dealings only in dollars.

And ways to revive the dinar and upgrade more than its value saw Mahouelle in an interview {Sabah »necessity of things , management of the country economic mentality and purely look long – term, along with the importance Quote economic experiences of states have passed similar circumstances to what Iraq is going through, as well as the reduction of trading the dollar in commercial transactions Interior to support the national currency.

Mahouelle be regulated by the Central Bank and coordination with economic authorities and relevant ministries confirmed role in enhancing the value of the dinar by preventing the circulation of foreign currency in the local commerce for any reason whatsoever and counted only in foreign trade, indicating the importance that civil and government banks take measures that will strengthen the dealing in Iraqi dinar .

It is said that the sale price of the dollar on Monday amounted to 1310 dinars, ie 131 000 dinars, for a hundred dollars, while the total purchase price in 1300 dinars, ie 130 000 dinars, for a hundred dollars.

Mahouelle said that the decline in the value of the dinar against the dollar, in fact, began the war with Iran and the invasion of Kuwait, stressing that the policies of the former regime burned all the hopes of Iraqi economists to amend the path of the local economic situation and guide the country ‘s resources towards development.

He said, since the nineties of the last century and the days of international sanctions and the dollar dominates the local market transactions away from the dinar as a result of faulty economic policies pursued by the former regime.

He pointed out that when the prices of imported goods began to rise, Iraqis felt that the old price of the dinar against the dollar has fallen so much and began to think of what has become and find solutions to them.

The dollar exchange rate against the dinar has fluctuated between ascending and descending was reported in the nineties about 4000 dinars to the dollar, while the price has seen a gradual decline after 2003 to continue to decline to 1,200 dinars to the dollar in the last ten years, while he returned to rise again after the adoption of the budget in 2015 and forcing the Central Bank identifies sales of foreign currency in accordance with Article 50 of that year ‘s budget law.

Mahouelle explained that the International Monetary Fund and the post – World War II division of the world ‘s currencies to be and are non-transferable and was part of the Iraqi dinar currency is convertible.

He said the convertible currencies suitable for international settlements (ie to settle payments in foreign trade of the countries), has been preparing a list of those currencies represented currencies the victors in World War II, and did not include the Soviet bloc currencies at the time because of the approach is capitalist in the conduct of its economy and the economies of countries that fall under its control.

He said either the Iraqi currency was within the currency is convertible which can not be used for international settlements , but turning it into another currency, or to the dollar (Oogerh), and goes to Iraq to be paid the proceeds of the sale of oil to the US dollar and that the equivalent of the dinar to $ 3.32.

He said that Iraq, which reached a population of 8 million people, citizens did not know a dollar coin and Ashklh did not deliberate it within the borders of the country at all, as hard place to find a store, in that era, displays his goods are priced in dollars.

He Mahouelle at the conclusion of his speech that traders importers of goods (commercial / industrial / agricultural) were turning the dinar to the dollar when paying their price through banks, where the audience did not feel the importance of the US currency , but when traveling abroad and are turning to banks turned them dinar to the dollar and give them foreign currency in cash or travelers instruments after the central bank ‘s approval and under the foreign exchange law.

Read More: http://www.dinarupdates.com/showthread.php?45175-An-invitation-to-support-the-dinar-and-the-strengthening-of-its-purchasing-power-1-2&p=167622#post167622

BGG (Dinar Guru) –   [what are you most excited about lately?]  All of it. Hard to pin my interest on any one thing…and maybe that is the exciting part – it isn’t just one thing.  It’s the forward velocity on virtually all fronts.  [top five?]   5) IMHO there is more to this comment by Abadi over Mosul taking 3 more months the other day… I really doubt that proves to be accurate… translation? Political posturing? Some kind of intentinal mislead? IDK – but it does seem at odds with most of his previous commentary.  4) The recovery of stolen monies by the GOI – big news. They are looking to put an end to the culture of corruption.   3) The passage of the J&A Law – HUGE piece…2) General forward velocity of all the Economic and Financial reforms going on right now – they are really building an economy – FAST.  1) Obviously – the statements by the current Gov of the CBI concerning their “beginning of 2017” timeline – HUGE! 

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

Follow us on twitter @DinarUpdates !!

Don’t MISS – “DU NEWS TIME” w/Hutch & Company – Jan 3rd 7:30pm EST – In the DU CHAT Room!!

www.DinarUpdates.com – save as favorite

BGG (Dinar Guru) –   [Do you think Iraq is feeling any kind of urgency to complete the economic reform as of late.]  I don’t know that “urgency” is in their vocabulary – but they are moving forward with “extreme prejudice”.  Much of this progress is highly likely the oversight of the IMF/WB at play – they say – Iraq does, IT WORKS. Good stuff.

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

Central Bank of Iraq supports the currency “delete the zeros” (from) the Dinar

Revealed the Keywords Governor of the Central Bank of Iraq to delete the zeros of the Iraqi currency, he began to develop the first steps of the support of the Iraqi dinar project.

Keywords and said in a statement, said that the aim of the deletion of three zeros is to support the Iraqi dinar, and make it a competitor to foreign currencies, pointing out that this strategic project will serve the country ‘s economy, as the dinar will be included in the global basket of currencies in the vital exchanges.

He added that the bank is working on mechanisms for the implementation of the project, it is expected to start at the beginning of 2017. He pointed out that the introduction of the new currency does not mean the destruction of ancient coins, but will continue to trade for about 10 years.

Abmisr.com

Iraq:

If you could find some way to convince folks to at least skim through this document, they would be amazed. The moves Abadi has been making the last few months – kind of sense now. There is some outstanding information here.

DayTrader

IMF EXECUTIVE BOARD COMPLETES FIRST REVIEW IRAQ’S STAND-BY ARRANGEMENT (45 pages…)

BGG (Dinar Guru) –   [Can Iraq go international with their currency before the UNSC meets and officially releases the final two sanctions?]   the assumption the “Iraq can GO international with their currency” is a flawed viewpoint. They need this international support to do such a thing.  Where would Iraq be if no one is willing to accept whatever change they put forth?   …they will get to do what they get support (and guidance) to do…they succeed thus far – because they are listening and doing.  [Hope the UNSC meets soon to provide the clearance.]  The IMF and WB are much more important – the UNSC will be lucky if they exist in a year or two.

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

Central Bank eliminates the use of customer financial operations of electronic fee

[Oan- Baghdad] The Central Bank of Iraq, cancel use of customer financial operations of electronic charge.

According to a statement to inform the bank received by all of Iraq [where] a copy of it, “in order to spread the culture of the electronic payment system and the shift from cash to electronic transfers in different financial operations as well as to encourage citizens to adopt modern methods in electronic point of sale [POS], the central bank decided Iraqi that the customer does not bear any fees when using electronic POS scattered across Iraq.

Read More: http://www.dinarupdates.com/showthread.php?44974-Central-Bank-eliminates-the-use-of-customer-financial-operations-of-electronic-fee&p=167286#post167286

______________________________________________________________

Be sure to join the Dinar Updates “private” FaceBook Group…

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

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

Iraq calls for the implementation of e – dinar

Baghdad / Rafidain Bank urged to leave work instruments system before issuing the e-dinar.

The Director of the Rafidain Bank Khawla student, in a press statement, said that “electronic money are important in increasing the money supply within the banking system,” indicating it would “contribute to the creation of deposits out of bank records and help to monitor and control the movement of these deposits.”

She stressed that “the electronic system helps eliminate corruption and fraud and speed up the collection and payment and provision of services have the consent of the citizens and increase the level of culture among the society”, calling on the media to “that supports the banking business in Iraq and not to discredit the banks because it would shake the trust between the public and the banks.” .

Jabbar and stressed “the need to leave work instruments system before issuing the e-dinar with the emphasis on raising public awareness of distasteful regimes electronic payment.”

The e-dinar means get rid of the payment in cash to electronic payment through credit cards, which operates most of the countries.

Read More: http://www.dinarupdates.com/showthread.php?44966-Iraq-calls-for-the-

______________________________________________________________

Indicative rates – 01.03.2017

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

Welcome to the Dinar Daily NEWS Blog. For regular Dinar News Updates, Dinar to USD listings, Iraqi Dinar info and Dinar info – THAT MATTERS!! This is a good place to start for your Daily Dinar Recap – if you are a Dinar vet or just looking for the current Dinar Value – Welcome.

Word for the day…

Mrs. BGG

Iraqi Dinar/Dollar auction 01-02-17 (most recent listing)

Currency Auctions Announcement No. 3350

This daily currency auction was held in the Central Bank of Iraq on the 1-2-2017

The results were as follows:

More: http://dinarupdates.com/observer/
______________________________________________________________

Those who excel in virtue have the best right of all to rebel, but then they are of all men the least inclined to do so. – Aristotle

*** Current News ***

Central Bank of Iraq supports the currency “delete the zeros” (from) the Dinar

Revealed the Keywords Governor of the Central Bank of Iraq to delete the zeros of the Iraqi currency, he began to develop the first steps of the support of the Iraqi dinar project.

Keywords and said in a statement, said that the aim of the deletion of three zeros is to support the Iraqi dinar, and make it a competitor to foreign currencies, pointing out that this strategic project will serve the country ‘s economy, as the dinar will be included in the global basket of currencies in the vital exchanges.

He added that the bank is working on mechanisms for the implementation of the project, it is expected to start at the beginning of 2017. He pointed out that the introduction of the new currency does not mean the destruction of ancient coins, but will continue to trade for about 10 years.

Abmisr.com

Follow us on twitter @DinarUpdates !!

Don’t MISS – “DU NEWS TIME” w/Hutch & Company – Jan 3rd 7:30pm EST – In the DU CHAT Room!!

www.DinarUpdates.com – save as favorite

BGG (Dinar Guru) –   [what are you most excited about lately?]  All of it. Hard to pin my interest on any one thing…and maybe that is the exciting part – it isn’t just one thing.  It’s the forward velocity on virtually all fronts.  [top five?]   5) IMHO there is more to this comment by Abadi over Mosul taking 3 more months the other day… I really doubt that proves to be accurate… translation? Political posturing? Some kind of intentinal mislead? IDK – but it does seem at odds with most of his previous commentary.  4) The recovery of stolen monies by the GOI – big news. They are looking to put an end to the culture of corruption.   3) The passage of the J&A Law – HUGE piece…2) General forward velocity of all the Economic and Financial reforms going on right now – they are really building an economy – FAST.  1) Obviously – the statements by the current Gov of the CBI concerning their “beginning of 2017” timeline – HUGE! 

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

Dinar Updates – “After Call!!”
from Wed. nite – Dec 28th
w/RCookie, Mr White,
Daytrader and Hutch!!
or Click-N-Listen!!

Smart phone user link – Click here

BGG (Dinar Guru) –   [Do you think Iraq is feeling any kind of urgency to complete the economic reform as of late.]  I don’t know that “urgency” is in their vocabulary – but they are moving forward with “extreme prejudice”.  Much of this progress is highly likely the oversight of the IMF/WB at play – they say – Iraq does, IT WORKS. Good stuff.

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

Abadi: next year will be a year of economic openness

Baghdad / term – The head of the Council of Ministers, Haider al-Abadi, that next year will be a year of economic openness to the country.

Ebadi said in a press statement received “long” version of it, “like to thank the Iraqi people for their cooperation in overcoming the economic crisis experienced by the country as a result of lower oil prices.”

He added that “next year will be a year of economic openness of the country.”
It is noteworthy that Iraq over the severe financial crisis of the past two years because of lower oil prices and increased spending on the military side as a result of the war against al “Daesh” terrorist, prompting the government to take austerity and reduce unnecessary spending and stop economic projects in all parts of the country’s policy.

The Abadi, had confirmed that Iraq is passing through a difficult and challenging circumstances is an opportunity to restructure the Iraqi economy more efficient manner through multiple resources. The ambassadors of the industrialized countries have expressed their full support for Iraq in the financial crisis as a result of the collapse in oil prices and to find ways and alternatives and solutions to overcome them and to provide the gravity of the Iraqi economy.

Read More: http://www.dinarupdates.com/showthread.php?44964-Abadi-next-year-will-be-a-

Iraq:

If you could find some way to convince folks to at least skim through this document, they would be amazed. The moves Abadi has been making the last few months – kind of sense now. There is some outstanding information here.

DayTrader

IMF EXECUTIVE BOARD COMPLETES FIRST REVIEW IRAQ’S STAND-BY ARRANGEMENT (45 pages…)

BGG (Dinar Guru) –   [Can Iraq go international with their currency before the UNSC meets and officially releases the final two sanctions?]   the assumption the “Iraq can GO international with their currency” is a flawed viewpoint. They need this international support to do such a thing.  Where would Iraq be if no one is willing to accept whatever change they put forth?   …they will get to do what they get support (and guidance) to do…they succeed thus far – because they are listening and doing.  [Hope the UNSC meets soon to provide the clearance.]  The IMF and WB are much more important – the UNSC will be lucky if they exist in a year or two.

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

Dinar Updates – “Round Table Call!!”
from Tues. nite – Dec 20th
w/BGG, Mr White, Loop, 1Bobby, MadScout and MORE!!
Click-N-Listen!!

Smart phone user link – Click here

Central Bank eliminates the use of customer financial operations of electronic fee

[Oan- Baghdad] The Central Bank of Iraq, cancel use of customer financial operations of electronic charge.

According to a statement to inform the bank received by all of Iraq [where] a copy of it, “in order to spread the culture of the electronic payment system and the shift from cash to electronic transfers in different financial operations as well as to encourage citizens to adopt modern methods in electronic point of sale [POS], the central bank decided Iraqi that the customer does not bear any fees when using electronic POS scattered across Iraq.

Read More: http://www.dinarupdates.com/showthread.php?44974-Central-Bank-eliminates-the-use-of-customer-financial-operations-of-electronic-fee&p=167286#post167286

______________________________________________________________

Be sure to join the Dinar Updates “private” FaceBook Group…

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

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

Iraq calls for the implementation of e – dinar

Baghdad / Rafidain Bank urged to leave work instruments system before issuing the e-dinar.

The Director of the Rafidain Bank Khawla student, in a press statement, said that “electronic money are important in increasing the money supply within the banking system,” indicating it would “contribute to the creation of deposits out of bank records and help to monitor and control the movement of these deposits.”

She stressed that “the electronic system helps eliminate corruption and fraud and speed up the collection and payment and provision of services have the consent of the citizens and increase the level of culture among the society”, calling on the media to “that supports the banking business in Iraq and not to discredit the banks because it would shake the trust between the public and the banks.” .

Jabbar and stressed “the need to leave work instruments system before issuing the e-dinar with the emphasis on raising public awareness of distasteful regimes electronic payment.”

The e-dinar means get rid of the payment in cash to electronic payment through credit cards, which operates most of the countries.

Read More: http://www.dinarupdates.com/showthread.php?44966-Iraq-calls-for-the-

______________________________________________________________

Indicative rates – 01.02.2017

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

Welcome to the Dinar Daily NEWS Blog. For regular Dinar News Updates, Dinar to USD listings, Iraqi Dinar info and Dinar info – THAT MATTERS!! This is a good place to start for your Daily Dinar Recap – if you are a Dinar vet or just looking for the current Dinar Value – Welcome.

Word for the day…

Mrs. BGG

Iraqi Dinar/Dollar auction 12-29-16 (most recent listing)

Currency Auctions Announcement No. 3349

This daily currency auction was held in the Central Bank of Iraq on the 12-29-2016

The results were as follows:

More: http://dinarupdates.com/observer/
______________________________________________________________

No great thing is created suddenly. – Epictetus

*** Current News ***

Happy New Year!!

Central bank: 2017 will see the issuance of new cash categories

Director General of counting version and inventories at the CBI Ihsan Yasiri delete the zeros of the Iraqi currency and a national project to feminine Iraqi currency, likely work on the project early in 2017.

“The Yasiri that” the central bank began to study the development of new designs for the currency after the removal of zeros it, “noting that” the deleted zeros currency will deliberate for Sntn in the local markets, as the bank continues to center to pull the old category of the currency over ten years. ”

Likely launch a new category of the beginning of the currency in 2017 because there are a number of opponents of the project, “pointing out that” monetary Asaddaramlat category 50, 100 and 200 to ease trading burdens currency after deletion of zeros, as well as the provision of liquidity to the means of transportation of currency. ”

Aleshraq.tv

Follow us on twitter @DinarUpdates !!

Don’t MISS – “DU NEWS TIME” w/Hutch & Company – Jan 3rd 7:30pm EST – In the DU CHAT Room!!

www.DinarUpdates.com – save as favorite

BGG (Dinar Guru) –   [what are you most excited about lately?]  All of it. Hard to pin my interest on any one thing…and maybe that is the exciting part – it isn’t just one thing.  It’s the forward velocity on virtually all fronts.  [top five?]   5) IMHO there is more to this comment by Abadi over Mosul taking 3 more months the other day… I really doubt that proves to be accurate… translation? Political posturing? Some kind of intentinal mislead? IDK – but it does seem at odds with most of his previous commentary.  4) The recovery of stolen monies by the GOI – big news. They are looking to put an end to the culture of corruption.   3) The passage of the J&A Law – HUGE piece…2) General forward velocity of all the Economic and Financial reforms going on right now – they are really building an economy – FAST.  1) Obviously – the statements by the current Gov of the CBI concerning their “beginning of 2017” timeline – HUGE! 

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

Dinar Updates – “After Call!!”
from Wed. nite – Dec 28th
w/RCookie, Mr White,
Daytrader and Hutch!!
or Click-N-Listen!!

Smart phone user link – Click here

BGG (Dinar Guru) –   [Do you think Iraq is feeling any kind of urgency to complete the economic reform as of late.]  I don’t know that “urgency” is in their vocabulary – but they are moving forward with “extreme prejudice”.  Much of this progress is highly likely the oversight of the IMF/WB at play – they say – Iraq does, IT WORKS. Good stuff.

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

Abadi: next year will be a year of economic openness

Baghdad / term – The head of the Council of Ministers, Haider al-Abadi, that next year will be a year of economic openness to the country.

Ebadi said in a press statement received “long” version of it, “like to thank the Iraqi people for their cooperation in overcoming the economic crisis experienced by the country as a result of lower oil prices.”

He added that “next year will be a year of economic openness of the country.”
It is noteworthy that Iraq over the severe financial crisis of the past two years because of lower oil prices and increased spending on the military side as a result of the war against al “Daesh” terrorist, prompting the government to take austerity and reduce unnecessary spending and stop economic projects in all parts of the country’s policy.

The Abadi, had confirmed that Iraq is passing through a difficult and challenging circumstances is an opportunity to restructure the Iraqi economy more efficient manner through multiple resources. The ambassadors of the industrialized countries have expressed their full support for Iraq in the financial crisis as a result of the collapse in oil prices and to find ways and alternatives and solutions to overcome them and to provide the gravity of the Iraqi economy.

Read More: http://www.dinarupdates.com/showthread.php?44964-Abadi-next-year-will-be-a-

Iraq:

If you could find some way to convince folks to at least skim through this document, they would be amazed. The moves Abadi has been making the last few months – kind of sense now. There is some outstanding information here.

DayTrader

IMF EXECUTIVE BOARD COMPLETES FIRST REVIEW IRAQ’S STAND-BY ARRANGEMENT (45 pages…)

BGG (Dinar Guru) –   [Can Iraq go international with their currency before the UNSC meets and officially releases the final two sanctions?]   the assumption the “Iraq can GO international with their currency” is a flawed viewpoint. They need this international support to do such a thing.  Where would Iraq be if no one is willing to accept whatever change they put forth?   …they will get to do what they get support (and guidance) to do…they succeed thus far – because they are listening and doing.  [Hope the UNSC meets soon to provide the clearance.]  The IMF and WB are much more important – the UNSC will be lucky if they exist in a year or two.

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

Dinar Updates – “Round Table Call!!”
from Tues. nite – Dec 20th
w/BGG, Mr White, Loop, 1Bobby, MadScout and MORE!!
Click-N-Listen!!

Smart phone user link – Click here

Central Bank eliminates the use of customer financial operations of electronic fee

[Oan- Baghdad] The Central Bank of Iraq, cancel use of customer financial operations of electronic charge.

According to a statement to inform the bank received by all of Iraq [where] a copy of it, “in order to spread the culture of the electronic payment system and the shift from cash to electronic transfers in different financial operations as well as to encourage citizens to adopt modern methods in electronic point of sale [POS], the central bank decided Iraqi that the customer does not bear any fees when using electronic POS scattered across Iraq.

Read More: http://www.dinarupdates.com/showthread.php?44974-Central-Bank-eliminates-the-use-of-customer-financial-operations-of-electronic-fee&p=167286#post167286

______________________________________________________________

Be sure to join the Dinar Updates “private” FaceBook Group…

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

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

Iraq calls for the implementation of e – dinar

Baghdad / Rafidain Bank urged to leave work instruments system before issuing the e-dinar.

The Director of the Rafidain Bank Khawla student, in a press statement, said that “electronic money are important in increasing the money supply within the banking system,” indicating it would “contribute to the creation of deposits out of bank records and help to monitor and control the movement of these deposits.”

She stressed that “the electronic system helps eliminate corruption and fraud and speed up the collection and payment and provision of services have the consent of the citizens and increase the level of culture among the society”, calling on the media to “that supports the banking business in Iraq and not to discredit the banks because it would shake the trust between the public and the banks.” .

Jabbar and stressed “the need to leave work instruments system before issuing the e-dinar with the emphasis on raising public awareness of distasteful regimes electronic payment.”

The e-dinar means get rid of the payment in cash to electronic payment through credit cards, which operates most of the countries.

Read More: http://www.dinarupdates.com/showthread.php?44966-Iraq-calls-for-the-

______________________________________________________________

Indicative rates – 01.01.2017

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

Welcome to the Dinar Daily NEWS Blog. For regular Dinar News Updates, Dinar to USD listings, Iraqi Dinar info and Dinar info – THAT MATTERS!! This is a good place to start for your Daily Dinar Recap – if you are a Dinar vet or just looking for the current Dinar Value – Welcome.

Word for the day…

Mrs. BGG

Iraqi Dinar/Dollar auction 12-29-16 (most recent listing)

Currency Auctions Announcement No. 3349

This daily currency auction was held in the Central Bank of Iraq on the 12-29-2016

The results were as follows:

More: http://dinarupdates.com/observer/
______________________________________________________________

I will never come and go, and fetch and carry, at the whistle of the great man in the White House, no matter who he is. – Davy Crockett

*** Current News ***

Central bank: 2017 will see the issuance of new cash categories

Director General of counting version and inventories at the CBI Ihsan Yasiri delete the zeros of the Iraqi currency and a national project to feminine Iraqi currency, likely work on the project early in 2017.

“The Yasiri that” the central bank began to study the development of new designs for the currency after the removal of zeros it, “noting that” the deleted zeros currency will deliberate for Sntn in the local markets, as the bank continues to center to pull the old category of the currency over ten years. ”

Likely launch a new category of the beginning of the currency in 2017 because there are a number of opponents of the project, “pointing out that” monetary Asaddaramlat category 50, 100 and 200 to ease trading burdens currency after deletion of zeros, as well as the provision of liquidity to the means of transportation of currency. ”

Aleshraq.tv

Follow us on twitter @DinarUpdates !!

Don’t MISS – “DU NEWS TIME” w/Hutch & Company – Jan 3rd 7:30pm EST – In the DU CHAT Room!!

www.DinarUpdates.com – save as favorite

loop (Dinar Guru) –   Article:  “Integrity court to prevent the theft of hundreds of billions and address the imbalance in the developed banking system”   Quote:  “…the judiciary turned to breaches in the system and the procedures taken against those responsible, whether thieves or corrupt officials.”   SOMEONE GOT CAUGHT WITH THIER HAND IN THE COOKIE JAR. HOW DID THEY CATCH THIS?… WITH THE ELECTRONIC CLEARING SYSTEM THAT WE HAVE BEEN HEARING ABOUT…MORE PROOF OF ACTION ON THE BANKING REFORM FRONT…

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

Dinar Updates – “After Call!!”
from Wed. nite – Dec 28th
w/RCookie, Mr White,
Daytrader and Hutch!!
or Click-N-Listen!!

Smart phone user link – Click here

BGG (Dinar Guru) –  [are the reserves still being depleted and if so isn’t that still corruption which means they will hold up on the increase of the dinar until they get a handle on it?]  That is the complaint – I wonder if some of that isn’t internal partisan politics? Hard to say. However, I doubt this lasts long enough for any of that “arc” to matter.

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

Abadi: next year will be a year of economic openness

Baghdad / term – The head of the Council of Ministers, Haider al-Abadi, that next year will be a year of economic openness to the country.

Ebadi said in a press statement received “long” version of it, “like to thank the Iraqi people for their cooperation in overcoming the economic crisis experienced by the country as a result of lower oil prices.”

He added that “next year will be a year of economic openness of the country.”
It is noteworthy that Iraq over the severe financial crisis of the past two years because of lower oil prices and increased spending on the military side as a result of the war against al “Daesh” terrorist, prompting the government to take austerity and reduce unnecessary spending and stop economic projects in all parts of the country’s policy.

The Abadi, had confirmed that Iraq is passing through a difficult and challenging circumstances is an opportunity to restructure the Iraqi economy more efficient manner through multiple resources. The ambassadors of the industrialized countries have expressed their full support for Iraq in the financial crisis as a result of the collapse in oil prices and to find ways and alternatives and solutions to overcome them and to provide the gravity of the Iraqi economy.

Read More: http://www.dinarupdates.com/showthread.php?44964-Abadi-next-year-will-be-a-

Iraq:

If you could find some way to convince folks to at least skim through this document, they would be amazed. The moves Abadi has been making the last few months – kind of sense now. There is some outstanding information here.

DayTrader

IMF EXECUTIVE BOARD COMPLETES FIRST REVIEW IRAQ’S STAND-BY ARRANGEMENT (45 pages…)

Breitling (Dinar Guru) –  …That’s what the actions are…a tool for that.  They’ve always planned on getting rid of the auction.  They’ve always planned on adding value to the currency that you and I have.  They’ve always planned on adding smaller denoms to the currency as the value goes up and then sooner or later getting rid of the currency you and I have.  SIDE NOTE:  if they were just going to add value to our currency and pretend there are no zeros on the notes that in itself would reduce the note count.  They would not have to get rid of the physical notes like they’ve been doing.  That’s how we know they are not going to LOP.  They have not changed their minds and we’re only going by what they say.  This is not an opinion.  This is coming from the Ministry of Finance, Ministry of Planning and the CBI.

Read More: http://www.dinarupdates.com/observer/
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Central Bank eliminates the use of customer financial operations of electronic fee

[Oan- Baghdad] The Central Bank of Iraq, cancel use of customer financial operations of electronic charge.

According to a statement to inform the bank received by all of Iraq [where] a copy of it, “in order to spread the culture of the electronic payment system and the shift from cash to electronic transfers in different financial operations as well as to encourage citizens to adopt modern methods in electronic point of sale [POS], the central bank decided Iraqi that the customer does not bear any fees when using electronic POS scattered across Iraq.

Read More: http://www.dinarupdates.com/showthread.php?44974-Central-Bank-eliminates-the-use-of-customer-financial-operations-of-electronic-fee&p=167286#post167286

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Iraq calls for the implementation of e – dinar

Baghdad / Rafidain Bank urged to leave work instruments system before issuing the e-dinar.

The Director of the Rafidain Bank Khawla student, in a press statement, said that “electronic money are important in increasing the money supply within the banking system,” indicating it would “contribute to the creation of deposits out of bank records and help to monitor and control the movement of these deposits.”

She stressed that “the electronic system helps eliminate corruption and fraud and speed up the collection and payment and provision of services have the consent of the citizens and increase the level of culture among the society”, calling on the media to “that supports the banking business in Iraq and not to discredit the banks because it would shake the trust between the public and the banks.” .

Jabbar and stressed “the need to leave work instruments system before issuing the e-dinar with the emphasis on raising public awareness of distasteful regimes electronic payment.”

The e-dinar means get rid of the payment in cash to electronic payment through credit cards, which operates most of the countries.

Read More: http://www.dinarupdates.com/showthread.php?44966-Iraq-calls-for-the-

______________________________________________________________

Indicative rates – 12.30.2016

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

Welcome to the Dinar Daily NEWS Blog. For regular Dinar News Updates, Dinar to USD listings, Iraqi Dinar info and Dinar info – THAT MATTERS!! This is a good place to start for your Daily Dinar Recap – if you are a Dinar vet or just looking for the current Dinar Value – Welcome.

Word for the day…

Mrs. BGG

Iraqi Dinar/Dollar auction 12-28-16 (most recent listing)

Currency Auctions Announcement No. 3348

This daily currency auction was held in the Central Bank of Iraq on the 12-28-2016

The results were as follows:

More: http://dinarupdates.com/observer/
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Reading furnishes the mind only with materials of knowledge; it is thinking that makes what we read ours. – John Locke

*** Current News ***

Dinar Updates – “After Call!!”
from Wed. nite – Dec 28th
w/RCookie, Mr White,
Daytrader and Hutch!!
or Click-N-Listen!!

Smart phone user link – Click here

Arthur (Dinar Guru) –   Along with all the requisite political and banking reforms, the equation was, is and always has been GOI + HCL = RV.  With all the current proxy positions, rather the GOI is adequately complete for the UST is debatable but all indication are they are satisfied with the fulfillment of that variable of the equation. As for the HCL further progress is scheduled for Wednesday 12/28 after which we should be able to determine if there has been adequate progress to warrant a release of all remaining sanctions for Chap VIII and a subsequent rate increase necessary to satisfy the 2017 budget in Iraq…  As of this post the PTB is still on schedule for early 2017.

BGG ~ There will be no “official HCL passage” – I’ve laid out all the reasons for not and why they don’t need to… further – this “early 2017 PTB reference” is actually a ‘twistation’ of actual comments by ALAK – the current Gov of The CBI.

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

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Don’t MISS – “DU NEWS TIME” w/Hutch & Company – Dec. 28th 7:30pm EST – In the DU CHAT Room!!

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Iraq calls for the implementation of e – dinar

Baghdad / Rafidain Bank urged to leave work instruments system before issuing the e-dinar.

The Director of the Rafidain Bank Khawla student, in a press statement, said that “electronic money are important in increasing the money supply within the banking system,” indicating it would “contribute to the creation of deposits out of bank records and help to monitor and control the movement of these deposits.”

She stressed that “the electronic system helps eliminate corruption and fraud and speed up the collection and payment and provision of services have the consent of the citizens and increase the level of culture among the society”, calling on the media to “that supports the banking business in Iraq and not to discredit the banks because it would shake the trust between the public and the banks.” .

Jabbar and stressed “the need to leave work instruments system before issuing the e-dinar with the emphasis on raising public awareness of distasteful regimes electronic payment.”

The e-dinar means get rid of the payment in cash to electronic payment through credit cards, which operates most of the countries.

Read More: http://www.dinarupdates.com/showthread.php?44966-Iraq-calls-for-the-

loop (Dinar Guru) –   The CBI has indicated some kind of structural economic reform is on the horizon. I would really be surprised if they pegged the to the SDR. Ultimately, I do not care how it happens. Just as long as some kind of value change happens.

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

Central Bank eliminates the use of customer financial operations of electronic fee

[Oan- Baghdad] The Central Bank of Iraq, cancel use of customer financial operations of electronic charge.

According to a statement to inform the bank received by all of Iraq [where] a copy of it, “in order to spread the culture of the electronic payment system and the shift from cash to electronic transfers in different financial operations as well as to encourage citizens to adopt modern methods in electronic point of sale [POS], the central bank decided Iraqi that the customer does not bear any fees when using electronic POS scattered across Iraq.

Read More: http://www.dinarupdates.com/showthread.php?44974-Central-Bank-eliminates-the-use-of-customer-financial-operations-of-electronic-fee&p=167286#post167286

Iraq:

If you could find some way to convince folks to at least skim through this document, they would be amazed. The moves Abadi has been making the last few months – kind of sense now. There is some outstanding information here.

DayTrader

IMF EXECUTIVE BOARD COMPLETES FIRST REVIEW IRAQ’S STAND-BY ARRANGEMENT (45 pages…)

Kaperoni (Dinar Guru) –   Articles:  “Iraq completed its commitment to one of the two resolutions to exit from Chapter VII”  “Iraq, one step closer to leave Chapter VII of UN Charter”    …this move is a good thing.  Unlikely Iraq would want to be fully out of UN Chapter VII without their own internationally convertible currency.  Seems that this is coming together at the same time the banking reforms are being implemented with the help of the IMF.

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

Dinar Updates – “Round Table Call!!”
from Tues. nite – Dec 20th
w/BGG, Mr White, Loop, 1Bobby, MadScout and MORE!!
Click-N-Listen!!

Smart phone user link – Click here

We agreed with al-Abadi to complete political reforms

BAGHDAD / Sky Press: He said the cleric Muqtada al-Sadr, on Monday, he agreed with Prime Minister Haider al-Abadi to complete political reforms, while noting that the attack on the Christian component is a “terrorist act.”

Sadr said in a joint news conference with Prime Minister Haider al-Abadi and I followed, “Sky Press,” that “our meeting today with Abadi was fruitful and we agreed on three points,” noting that “the point at first was supported by the Iraqi army and the complete liberalization of Mosul, the second point is complete political reforms, and the third represented the support of moderation in Iraq. “…

Skypressiq.net

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Decline in the dollar exchange rate in local markets

Economy News / Baghdad …Dollar exchange rate in the domestic market in the Stock Exchange fell on Monday.

Bourse struggle – Baghdad 130.800, while the Stock Exchange struggle to 131.100 on Sunday.

Buying and selling in shops Banking Rates:

Dollar selling price = 131.250 dinars.

The purchase price of the dollar = 130.250 dinars.

DinarUpdates.com

BGG ~ This article will get some “airplay” – looks like a shady translation to me… if there were a “real move” we would know it AND the removal of the 3 zeros “project” does NOT refer to simply eliminating one, two or three decimal points from the nominal value. However, if they wind up at a value around 1 USD it may, in fact, look like it – but this project name is referring to the removal of the large notes. PERIOD.

Three more months to retake Mosul, says Abadi

Iraqi Prime Minister Haider al-Abadi. AP file photo

ERBIL, Kurdistan Region – The fight for Mosul will take another three months, Iraqi Prime Minister Haider al-Abadi announced on Tuesday as the ongoing battle to liberate the group’s stronghold in the northern Iraqi city is paused to allow Iraqi forces to regroup.
Speaking at a press conference following a meeting of his cabinet in Baghdad, Abadi said “to finish ISIS, we need three more months.”

Abadi had previously said that Iraqi forces expected to have control of the city by the end of the year.

Iraqi and Kurdish forces made quick progress on the outskirts of Mosul and though the battle slowed in the heavily populated streets of the city, Abadi remained optimistic that ISIS would be quickly defeated in the city, meeting the end of year timeline he said as recently as late November in an interview with AP.

The top US general commanding the global coalition of forces, Lt. Gen. Stephen Townsend, estimated that another two years is needed to defeat ISIS in both Mosul and its Syrian stronghold of Raqqa. He made his comments in an interview with The Daily Beast published Monday.

In his press conference, Abadi also addressed remarks made by Saudi Arabia’s Foreign Minister who described the Shiite Hashd al-Shaabi as a “sectarian” force.

“We reject remarks made by Adel Jubeir, the Saudi’s foreign minister about Hashd al-Shaabi and we ask Saudi to busy themselves solving their own problems,” Abadi said.

The Shiite forces have been accused of committing human rights violations against Sunnis, particularly in the offensive to retake the city of Fallujah. They are participating in the Mosul offensive on the western front, cutting off ISIS’ supply and escape routes to Syria.

This month, the force came under the control of Baghdad, being given official status under law. This move “prevents the spread of weapons outside the law,” Abadi said.

Rudaw.net

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Indicative rates – 12.28.2016

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