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 11-30-16 (most recent listing)

Currency Auctions Announcement No. 3329

This daily currency auction was held in the Central Bank of Iraq on the 11-30-2016

The results were as follows:

More: http://dinarupdates.com/observer/
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One man’s theology is another man’s belly laugh. – Robert Heinlein

*** Current News ***

Dinar Updates – “The After Call!!”
Wed. nite – Nov 30th @ 8:30pm EST
w/RCookie, Mr White & More!!
Click-N-Listen!!

Smart phone user link – Click here

rcookie (Dinar Guru) –  JUST READ THIS HEADLINE… “Jubouri: Parliament ongoing legal legislation in which they can change the reality of this country“   NUFF SAID…

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

Hey folks – it was out of an abundance of caution, we postponed the last call. Until we were able to fully identify and remedy any possible security breach to the web-site we  “pushed the pause button” on any hint of a risk. No need to have lots of people roaming around clicking all over looking for the call and a link. This was yesterday. It has been handled – checked several ways and found to be all clear.

Thanks

BGG

Currently – there is no threat. We’re “all clear” … the warning is still up. Google will remove it at their leisure – We are secure.

If you want to use the site – once you are on the Red Page > click Details > click the link at the bottom > “visit this unsafe site” – you will be in… It has been verified a number of ways as safe.

Once Google certifies – the red page goes away.

rcookie (Dinar Guru) –    Article:  “Iraqi Kurdistan displays oil deliveries to Baghdad”  Quote:  “The President of Iraq’s Kurdistan Regional Government, Nechirvan Barzani, was ready source of oil delivered to the federal government in Baghdad, against the payment of salaries of employees of the province, to welcome the Iraqi Oil Ministry this step, which is a breakthrough in the list between Baghdad and Erbil oil crisis.”  KURDS ARE TURNING OIL PRODUCTION OVER TO CENTRAL SO TO FACILITATE OIL AGREEMENT AND COMPLIANCE OF REGIONAL COMMITMENTS TO RECEIVE THEIR 17%…

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

______________________________________________________________

Follow us on twitter @DinarUpdates !!

Don’t MISS – “DU NEWS TIME” w/RCookie, Mr White & Hutch – Nov. 30th 7:30pm EST – In DU CHAT!!

www.DinarUpdates.com – save as favorite

______________________________________________________________

rcookie   …ALAK….SALEH AND FINANCE COMMITTEE MEMBERS HAVE OUTLINED 7 LAWS IN ADDITION TO THE INVESTMENT LAW AND OTHER ECONOMIC & FINANCIAL ACTS IN NEED OF AMENDING… 
1. CENTRAL BANK LAW NO. 56 (2004)
2. FEDERAL BANKING LAW NO. 94 (2004)
3. COMPANIES LAW NO. 21 (1997)
4. IRAQI STOCK EXCHANGE LAW NO. 74 (2004)
5. FINANCIAL ADMINISTRATION ACT
6. INTEGRITY COMMISSION ACT
7. PFM LAW AMENDMENT & INCORPORATION TO 2017 BUDGET LAW

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

______________________________________________________________

Parliamentary Finance re – codification of the final draft of the budget law

BAGHDAD – The Journal News – Parliamentary Finance Committee began re-codification and tabulation draft of the budget bill, again to put to the vote in the parliamentary session on Thursday.

The committee member said Abdul Qader Mohammed in a press statement, Wednesday that the overall budget debate is over, and has reviewed and changes to the items that were added to the paragraphs of the draft budget law.

He noted that the remaining part we only have regard to the new proposals, which will be added to the budget later after a meeting of leaders of blocs and the Presidium of the parliament with the committees concerned.

He added that the Finance Committee began re-codification and tabulation draft of the full budget of the new exposure draft in the parliament session on Thursday, noting that the committee will be handed a copy of the final draft of the budget to the political blocs to show recent observations and the possibility of adding them before the voting session date.

He said the budget received from the compressed and reduced government basically, did not find an outlet appropriate parliamentary committee that can put its mark on the legislative bill.

The House of Representatives postponed a vote on the draft general budget of the federal law in 2017 to its slated for Thursday, until the completion of the terms of the Finance Committee bill discussions.

Read More: http://www.dinarupdates.com/forumdisplay.php?16-DU-Daily-Chat-Log
______________________________________________________________

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!!)
______________________________________________________________

Keywords: our agreement with the United States aims to prevent the financing of terrorism, money laundering and delete deferred zeros

Long-Presse / Baghdad – The governor of the Central Bank and the Agency on the Keywords, on Wednesday, that the agreement signed by the United States aims to cut off funding for the organization (Daesh) and other “terrorist organizations and prevent money laundering,” and pointed out that the bank will start applying the certified standards internationally in this regard the beginning of December next, with the exception that the process of removing zeros from the local process requires the availability of appropriate conditions, including the general stability in the country, he pointed out that the bank continues to technical preparations in this regard.

Ali said the Keywords, in an interview to the (long-Presse), “The first agreement of its kind between the Federal Reserve Bank and the US Treasury on the one hand and the Central Bank of Iraq, on the other hand, entered into to control the dollar remittances and ensure the prevention of access to illicit destinations,” noting that those “The agreement includes cooperation, coordination and exchange of information and financial data relating to the sale of foreign currency and circulation.”

He added Keywords, “The agreement aims to prevent the arrival of foreign currency to Daesh and terrorist organizations, by ensuring and verifying that the financial and banking institutions that you purchase does not involve money laundering or terrorist financing,” adding, “The control mechanisms include a number of the most important procedures , building databases and integrated electronic system that collects dollar selling window operations rather than paper processes. ”

He said the central bank governor and the agency, that “mechanisms also include the introduction of a program (OFAC List) to verify that the persons and entities prohibited to deal with them globally and to ensure that their entry into dollar selling window, where already been implemented,” pointing out that “mechanisms also include work on the application standards and international compliance requirements, particularly in the application of the principle of know your customer to verify the sources of funds and legitimacy, where he was informed banks and the conversion of these requirements, where censorship is taking place and oversee the implementation and training and qualification of cadres working. ”

He Keywords that “the bank has provided financial Labour Organization (FATF) action taken to combat money laundering and financing of terrorism,” stressing that “the actions taken by the Central Bank of Iraq, which led to eject Iraq from Category gray of the organization.”

Keywords and pointed out that “the Bank Enter accredited international standards by an international auditing firm for the classification of financial and banking institutions, including ensure compliance with the requirements of the compliance of the law against money laundering and terrorist financing for the year 2015, where it will be applied to the beginning of December next.”

And on the application of the process of deleting the zeros of the Iraqi currency, confirmed the Keywords, that “the Central Bank of Iraq has not set a date for the deletion of zeros from the currency dinar,” noting that “It is dependent on the availability of appropriate conditions, including the general stability in the country.”

He stressed the central bank governor and the agency, the need to “ensure the success of the process of deleting the zeros requirements before starting out, so the central bank will continue technical preparations in order to be practical formatted when deciding deletion.”

The economists see, that the deletion of zeros from the Iraqi currency trend “sensitive and dangerous” in a situation where the country is going through, and while others stressed that the process is left to the decision of the Central Bank of Iraq only for being on the monetary policy of the country, lawmakers stressed the need to be the process of deleting zeroes in accordance with the proper procedures and techniques.

Iraq has signed in the (29 August 2016) was the first agreement of its kind between the Federal Reserve and the US Treasury on the one hand, and the Central Bank of Iraq, on the other hand to monitor the dollar shipments and ensure the prevention of the arrival of these funds to illicit destinations.

Read More: http://www.dinarupdates.com/showthread.php?43999-Keywords-our-agreement-with-the-United-States-aims-to-prevent-the-financing-of-terro&p=165825#post165825

______________________________________________________________

Iraq:

Letter of Intent, Memorandum of Economic and Financial
Policies, and Technical Memorandum of Understanding

Indicative rates – 11.30.2016

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 11-29-16 (most recent listing)

Currency Auctions Announcement No. 3328

This daily currency auction was held in the Central Bank of Iraq on the 11-29-2016

The results were as follows:

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

Politics should be the part-time profession of every citizen. – Dwight Eisenhower

*** Current News ***

Dinar Updates – “The After Call!!”
Wed. nite – Nov 30th
w/RCookie, Mr White & More!!
1-641-715-3640 pin#528733
or Click-N-Listen!!

from Nov 21st – Smart phone user link – Click here

rcookie (Dinar Guru) –  JUST READ THIS HEADLINE… “Jubouri: Parliament ongoing legal legislation in which they can change the reality of this country“   NUFF SAID…

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

Hey folks – it was out of an abundance of caution, we postponed the last call. Until we were able to fully identify and remedy any possible security breach to the web-site we  “pushed the pause button” on any hint of a risk. No need to have lots of people roaming around clicking all over looking for the call and a link. This was yesterday. It has been handled – checked several ways and it found to be all clear.

Thanks

BGG

Currently – there is no threat. We’re “all clear” … the warning is still up. Google will remove it at their leisure – We are secure.

If you want to use the site – once you are on the Red Page > click Details > click the link at the bottom > “visit this unsafe site” – you will be in… It has been verified a number of ways as safe.

Once Google certifies – the red page goes away.

rcookie (Dinar Guru) –    Article:  “Iraqi Kurdistan displays oil deliveries to Baghdad”  Quote:  “The President of Iraq’s Kurdistan Regional Government, Nechirvan Barzani, was ready source of oil delivered to the federal government in Baghdad, against the payment of salaries of employees of the province, to welcome the Iraqi Oil Ministry this step, which is a breakthrough in the list between Baghdad and Erbil oil crisis.”  KURDS ARE TURNING OIL PRODUCTION OVER TO CENTRAL SO TO FACILITATE OIL AGREEMENT AND COMPLIANCE OF REGIONAL COMMITMENTS TO RECEIVE THEIR 17%…

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

______________________________________________________________

Follow us on twitter @DinarUpdates !!

Don’t MISS – “DU NEWS TIME” w/RCookie, Mr White & Hutch – Nov. 30th 7:30pm EST – In DU CHAT!!

www.DinarUpdates.com – save as favorite

______________________________________________________________

rcookie   …ALAK….SALEH AND FINANCE COMMITTEE MEMBERS HAVE OUTLINED 7 LAWS IN ADDITION TO THE INVESTMENT LAW AND OTHER ECONOMIC & FINANCIAL ACTS IN NEED OF AMENDING… 
1. CENTRAL BANK LAW NO. 56 (2004)
2. FEDERAL BANKING LAW NO. 94 (2004)
3. COMPANIES LAW NO. 21 (1997)
4. IRAQI STOCK EXCHANGE LAW NO. 74 (2004)
5. FINANCIAL ADMINISTRATION ACT
6. INTEGRITY COMMISSION ACT
7. PFM LAW AMENDMENT & INCORPORATION TO 2017 BUDGET LAW

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

______________________________________________________________

Iraq receives four billion dinars as a loan from the World Bank next month

Special News – Economic Adviser to the Prime Minister revealed the appearance of Mohammed Saleh, Sunday, that Iraq will receive four billion dinars as a loan from the World Bank, the start of the month of December next.

Saleh said, L / balance News /, that “Iraq will receive four billion dinars as a loan from the World Bank loans of the seven major industrialized nations and the European Union, the start of December next.”

He said economic adviser, said: “The loan is allocated to support the general state budget for the purposes of investment projects, which include support for various projects, including vital infrastructure destroyed and the rehabilitation and reconstruction of the affected areas,” .anthy 29 / A 43 areas

Read More: http://www.dinarupdates.com/showthread.php?44250-Iraq-receives-four-billion-dinars-as-a-loan-from-the-World-Bank-next-month-11-27

Here is a video by an Arabic Interpreter on the original article…

https://www.facebook.com/jeffery.brown.37/videos/1232976696741079/
______________________________________________________________

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’s Shiite Militias Get Formal Role in Armed Forces

Law puts more than 140,000 fighters under formal command of Iraq’s prime minister

By TAMER EL-GHOBASHY

ERBIL, Iraq—Iraq’s parliament on Saturday voted to approve a bill that formalizes the status of an array of mostly Shiite militias as members of the nation’s armed forces, bringing the controversial groups under closer government control.

The law, which has long been debated and opposed by some of the legislature’s Sunni blocs, puts the 141,000 militia fighters under the formal command of Iraq’s prime minister and affords them the same benefits as Iraq’s regular security forces. But it was unusually thin on provisions for a law designed to organize the growing presence and influence of the large armed units.

While the passing of the law will ostensibly increase government oversight of the forces, known as Popular Mobilization Units, it doesn’t address their command structure, which draws heavy support and ideological influence from Iran. The Iranian backing of the largest militias has prompted suspicion from the U.S., along with repeated accusations of battlefield abuses against Sunnis in areas where the militias have fought Islamic State.

The new bill calls on the militias to drop any political affiliations and act as a branch of the armed forces, but it wasn’t clear how Iraq’s leadership would untangle the PMU from their ideological backers.

Thousands of the Shiite fighters are also fighting in Syria, supporting the regime of Bashar al-Assad, but how the new bill affects their foreign missions wasn’t immediately addressed.

Iraqi Prime Minister Haider al-Abadi on Saturday welcomed the new legislation in a statement though his influence over the PMU remains unclear. Many of the larger militias are supporters of Mr. Abadi’s political rivals, including Nouri al-Maliki, his predecessor.

“The Popular Mobilization Units represent all Iraqi spectrums and defend all Iraqis wherever they are,” Mr. Abadi said.

The groups had been formed of mostly Shiite fighters in 2014 in response to a call by Grand Ayatolla Ali al-Sistani, the top Shiite religious cleric who is based in Iraq, following a sweeping campaign by Islamic State that saw the Sunni militant group take over nearly one-third of the nation.

Despite Mr. Sistani’s religious status, many of the Shiite militias have pledged fealty to Iranian Supreme Leader Ali Khamenei.

Some of the militias had already been in existence and actively fought the American occupation of Iraq that began in 2003. Others were formed in 2014 and their leaders have since become important political figures, holding seats in parliament and top positions in security ministries. The groups enjoy immense popular support among Shiites who saw them as a bulwark against Islamic State expansion.

The PMU have been paid by the Iraqi government since 2014 but had largely functioned as independent armed forces, sometimes leading battles against the militancy in majority Sunni areas like Tikrit.

A spokesman for the umbrella group said their numbers are closer to 141,000 with only 110,000 on the government payroll. Up to 30,000 fighters in the organization are Sunni, while fewer still hail from smaller ethnic minorities like Christians, Turkmen and Yazidis.

Sunnis severely distrust the militias after documented cases of sectarian revenge killings and abuse of people accused of being Islamic State supporters. Militia leaders have denied the abuses are systemic, calling them isolated incidents and pledging to curtail them.

Such allegations have led to the Shiite fighters being sidelined in the fight against Islamic State in Mosul, Iraq’s second-largest city with a Sunni majority. The PMU have been forbidden from entering Mosul and have been assigned a diminished role in securing the city’s western flank and cutting off Islamic State’s supply lines to Syria.

—Ghassan Adnan and Ali A. Nabhan contributed to this article.

http://www.wsj.com/articles/iraqs-shiite-militias-get-formal-role-in-armed-forces-1480173617

______________________________________________________________

Iraq:

Letter of Intent, Memorandum of Economic and Financial
Policies, and Technical Memorandum of Understanding

Indicative rates – 11.29.2016

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 11-20-16 (most recent listing)

Currency Auctions Announcement No. 3322

This daily currency auction was held in the Central Bank of Iraq on the 11-20-2016

The results were as follows:

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

Our minds possess by nature an insatiable desire to know the truth. – Cicero

*** Current News ***

Follow us on twitter @DinarUpdates !!

Don’t MISS – “DU NEWS TIME” w/RCookie, Mr White & More – Nov. 21st 6:30pm CST – In DU CHAT!!

www.DinarUpdates.com – save as favorite

rcookie (Dinar Guru) –   Frank Baker’s Twitter Quote via Josie:  “Frank Baker Great Britain’s Ambassador to Iraq via Twitter… “Interesting meeting with Govenor of Central Bank of Iraq to speak about enabling market access to UK banks and need to respect IMF conditionality”  [Discussing the ability for UK banks to bring money in and money out of Iraq. International banking.]   THAT IS PRECISELY WHAT HE IS REFERRING TO… AWESOME FIND!  …”RESPECT IMF CONDITIONALITY”…MAGNITUDE OF VERBIAGE…

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

President-elect Donald Trump to Iraqi PM: you will find strong and deep support

BAGHDAD, Iraq—The Iraqi Prime Minister Haider Al-Abadi and the US president-elect Donald Trump spoke on the phone Friday for the first time since Mr Trump was elected to the office earlier this month. The American leader told Abadi that Iraq “will find strong and deep support” from the United States under his presidency.

“You are essential partners to us and you will find strong and deep support.” Mr Trump told the Iraqi PM, according to a statement from the Iraqi PM’s office.

Mr Abadi congratulated Mr Trump on winning the US presidential elections, and “expressed Iraq’s willingness to expand the scope of relations between the two countries.”

Both sides also discussed the ongoing war against the so-called Islamic State, and the offensive to retake the Iraq’s second-largest city of Mosul.

“Mr. Trump also extended an invitation to Dr. Al-Abadi to visit the United States and meet with Mr. Trump soon after the inauguration ceremonies next January.” the statement added.

Iraqi government spokesman Saad al-Hadithi told Rudaw soon after the results for the US election came out that Mr Trump’s victory will not impact or change its bilateral relations with the United States, including the war against terror.

“The Iraqi-American strategic agreement, including the economy and war on terror are all mutual files between the two countries and these ties will remain as they are and will not change anything between Iraq and the United States,”

Al-Hadithi said, “There are common interests and mutual relations between Iraq and America and I don’t expect any of this to change with Trump’s victory,”

Al-Hadithi whose government has a strategic security agreement with the US said that the election of Trump is only a change in names.

“For the past eight years the democrats have been in power in the United States and today the republicans have won, but this is only the change of people and names and not policy,” he argued. “Politics will stay as they are now.”

In December 2012 Iraq’s acting Defense Minister Saadoun al-Dlimi signed a memorandum of understanding on security cooperation with America’s Department of Defense.

According to the website of the US state department, “This agreement represents the strong military to military relationship between the United States and Iraq, and provides mechanisms for increased defense cooperation in areas including defense planning, counter-terrorism cooperation, and combined exercises.”

Rudaw.net

BGG (Dinar Guru) –   “The first part of 2017” starts in just 47days (if they bother to wait that long)… to get started…which they have signaled as some version of their “starting point” for the project…my point was – and is…we have PLENTY to be excited about – no matter what “THE DATE”…it’s just weird they are this open – direct – and  “forward looking” in their comments. Even giving something of a “heads – up” as to when…

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

Dinar Updates – “The After Call!!”
Monday nite – Nov 21st
w/RCookie, Mr White & More!!
641-715-3640 pin#528733

from Nov 15th – Smart phone user link – Click here

______________________________________________________________

rcookie (Dinar Guru) – …AUCTION POLICY CHANGES AND IMPLEMENTATION OF NATIONAL DEPOSIT INSURANCE SCHEME…AND SECURITIES ISSUES ARE WHAT WILL BE ADDRESSED IN CBI LAW NO 94…WHEN IT GETS TO PARLIAMENT….WHICH IS WHY IN ADDITION TO INVESTMENT LAW…CHAMBER OF COMMERCE LAW ETC…HAVE BEEN ELEVATED TO FRONT OF THE LINE PRIORITY WISE…AND HERE IT IS…THIS IS A QUOTE FROM THE ALAK ARTICLE YESTERDAY CONCERNING AUCTIONS…..”The member of the Committee of Economy and Parliamentary investment, Nora Albjara confirmed in an interview Said to (long-Presse), that the rise in price of the dollar crisis will be resolved only after amending the Central Bank of Iraq Law No. 94 of 2004 in harmony with the current stage, usually the law is a big part of the market crisis, especially with the rise of the dollar against the dinar, as well as financial liquidity.”

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

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An adviser to Maliki: political figures threaten “Boissala” to the gallows

He accused the Prime Minister for Financial Affairs Advisor to the appearance of Mohammed Saleh , political figures / unnamed / directing accusations and threats boosted by getting him to the gallows through a media subsidiary.

Said Mohammed Saleh in a statement, said that “one of the electronic media / unnamed / purposely publish statements me and allow their tails to attack us , I and Dr. Shabibi , who was accused by them Fox , feline and has documents leads us to death, indicating that they are threatening to re – old subject of the bank Central again through leaks to the media outlet and allow commenting abuser us. ”

He said, “This is not the first time, but is the tenth time the media published the site and allows for the same person to comment on the words of my remarks offensive and warns Baissala to the gallows.”

He warned adviser Abadi resorting to the courts and sue the direction of this site and the politicians who stand behind him. ”

The Iraqi judiciary has (had) issued an arrest warrant for central bank governor Sinan al – Shabibi and his deputy , the appearance of Mohammed Saleh, officials at the bank on corruption charges in 2012 and prevent them from traveling.

It is said that Federal Court released the appearance of Mohammed Saleh , 12 / December / 2014 for lack of evidence the charges against him. Mohammed Saleh , was jailed 48 days and released on bail.

Read More: http://www.dinarupdates.com/showthread.php?43893-An-adviser-to-Maliki-political-figures-threaten-Boissala-to-the-gallows-11-19

BGG ~ Personally – I think there is some very serious back-and-forth going on here… Maliki is probably feeling some heat.

______________________________________________________________

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!!)
______________________________________________________________

Parliamentary Economy: project to delete the zeros from the currency has become impossible due to corruption

BAGHDAD / Baghdadi Uz..okdt Parliamentary Commission of Economy, on Thursday, said the project to delete the zeros from the currency has become impossible due to corruption, calling not to launch major new categories of currency.

The committee member said Abdul Salam al-Maliki, in an interview with / Baghdadi News / “The project to delete the zeros from the currency Ihtah to proper planning as the current conditions and the control of the powerful and corrupt financial matters prevented from approving this project,” noting that “a lot of powerful and corrupt may take advantage of this project acknowledged that, for whitening and laundered the stolen money. ”

He added that “the state has resorted to issuing new classes in a large currency, and this has led to damage to the Iraqi economy through the currency value loss, and in case the insistence of the state to issue new classes as planned, the Iraqi economy could collapse,” calling to “not to issue no new class before the study results “.anthy 21 / d

albaghdadianews.com

BGG ~ Am I the only one thinking this is odd?? Maybe “thou dost protesteth too much”??

______________________________________________________________

Iraq:

Letter of Intent, Memorandum of Economic and Financial
Policies, and Technical Memorandum of Understanding

Indicative rates – 11.20.2016

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 11-17-16 (most recent listing)

Currency Auctions Announcement No. 3321

This daily currency auction was held in the Central Bank of Iraq on the 11-17-2016

The results were as follows:

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

They have the usual socialist disease; they have run out of other people’s money. – Margaret Thatcher

*** Current News ***

Dinar Updates “Private FaceBook Group”

Follow us on twitter @DinarUpdates !!

Don’t MISS – “DU NEWS TIME” w/BGG and Company!! Nov. 20 7:30pm EST – In DU CHAT!!

www.DinarUpdates.com – save as favorite

rcookie (Dinar Guru) –    THEY DID NOT JUST START REDUCING THE NOTE COUNT…IT HAS BEEN ONGOING FOR YEARS…THIS IS WHY THEY CURRENTLY HAVE A DIRE LIQUIDITY CRISIS…THE REDUCTION OF THE NOTE COUNT IS ONE OF THE PHASES OF THE DELETE THE ZEROES PROGRAM…JUST LIKE THE MINTING OF THE NEW 3 ZERO NOTES WITH SECURITY FEATURES WE ALL HOLD…AS WELL AS THE NEW LD’S…ALL MINTED IN 2013…ALL MINTED TO WELL STRATEGIZED QUANTITIES AND RELEASE DATES…AND THE 3 ZERO NOTES WHILE STILL BEING ACKNOWLEDGED AS LEGAL TENDER FOR 10 YEARS…CAN NOT POSSIBLY COEXIST FUNCTIONALLY IN THE MARKETPLACE AT “POINT OF SALE”…AFTER THE INT’L PRICING EQUATION IS APPLIED…AND PRICES ADJUSTED…CITIZENS PURCHASING POWER ELEVATED AND REALIZED…

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

The Central Bank is required to mediate letter of guarantee 100% of their capital firms

BAGHDAD / Baghdadi News / … revealed a document issued by the Central Bank of Iraq, on Thursday, for a resolution that includes an increase for letters of guarantee banking companies to allow them to enter sell the currency window, and noted that the decision included raising the letter of guarantee for banks to 100%, while the It confirmed that the bank’s board is considering a proposal to reduce those percentages after the claims of the companies need to be reduced.

According to a document obtained by / Baghdadi News /, that “there is a decision by the Board of the Central Bank includes an increase for letters of guarantee banking companies to the Central Bank of Iraq in order to enter sell the currency window,” noting that “companies demanded the need to modify that decision.” .

The document, to be “the central bank studied the requests he has received on the amendment of the decision to lift the letter of guarantee for banks to 100%, it has decided to be 25% that the increase be before the (first of January 2017), that increases annually by 25% for a period of four years to be up to 100%. ”

It said the document, said that “those measures aimed at creating motivation for the exchange companies to work according to the requirements of the Central Bank and commit to decide in selling the currency” .anthy 21 / T

albaghdadianews.com

Kaperoni (Dinar Guru) –   Article:   “Reasons to delete three zeros from the Iraqi dinar and what it means to delete the zeros from currency”   Quote:  “Start procedures to delete three zeros from the currency in 2017”    The good news is it looks like we will see something happening in just a month or so.

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

Dinar Updates – “The After Call!!”
from Tues nite – Nov 15th
w/RCookie, Mr White & Hutch
Click-N-Listen!!

Smart phone user link – Click here

______________________________________________________________

wmawhite (Dinar Guru) –   [Local banks will…exchange the foreign currency with the countries treasuries and at that point it becomes an institutional note used in foreign trade.]  Remember, not all “local banks” exchange foreign currencies…Again, not all banks in your community will exchange foreign currency.

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

______________________________________________________________

Parliamentary Economy: project to delete the zeros from the currency has become impossible due to corruption

BAGHDAD / Baghdadi Uz..okdt Parliamentary Commission of Economy, on Thursday, said the project to delete the zeros from the currency has become impossible due to corruption, calling not to launch major new categories of currency.

The committee member said Abdul Salam al-Maliki, in an interview with / Baghdadi News / “The project to delete the zeros from the currency Ihtah to proper planning as the current conditions and the control of the powerful and corrupt financial matters prevented from approving this project,” noting that “a lot of powerful and corrupt may take advantage of this project acknowledged that, for whitening and laundered the stolen money. ”

He added that “the state has resorted to issuing new classes in a large currency, and this has led to damage to the Iraqi economy through the currency value loss, and in case the insistence of the state to issue new classes as planned, the Iraqi economy could collapse,” calling to “not to issue no new class before the study results “.anthy 21 / d

albaghdadianews.com

BGG ~ Am I the only one thinking this is odd?? Maybe “thou dost protesteth too much”??

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Press Release – Iraq Stock Exchange Convention on the electronic trading system online trading investors remotely with Manaf Software Company

Iraq Stock Exchange formally signed the Convention on the electronic trading system via the Internet trading after investors with Manaf software company on Monday, November 14 2016.

Agreement included a license to use the electronic trading system via the Internet for five brokerage firms active as a first stage are: urban, spring, Carmel, Mesopotamia, Elaf. Implementation of the project plan includes the creation of the electronic system and the development of tasks and services that will allow the investor trading on the shareholding companies, bonds and any listed securities in the market through this system and via the Internet, like any investor, trading in the market hall. And organize all financial settlements and equity in accordance with procedures and instructions of the prevailing market.

Managers Commissioners for brokerage firms have received special training for management will be followed by another training for authorized and opened the door to train investors by brokerage firms and the Association of mediators money leaves to spread the culture of investment and expand its base by trading stocks and bonds from anywhere in the world. It is hoped the project officially launched during the first quarter of 2017 after completion of the binding mechanisms with the Iraq Stock Exchange systems and build the required access sites.

mubasher.info

LIVE UPDATES: Battle for Mosul, Day 31

10:34pm

The Hashd al-Shaabi forces say they have completely taken over Tal Afar airport from ISIS. Hashd spokesman Ahmed al-Assadi said his forces will shortly start hunting for ISIS militants who have remained at the airport and who may be hiding.

5:04pm

Iraq’s War Media Office says federal police forces have liberated the village of Al-A’zba, south of Mosul, from ISIS and raised the Iraqi flag there.

4:27pm

At least one child was killed and tens of other people wounded in ISIS mortar attacks in Mosul’s Zahra neighborhood today . Some locals who spoke to Rudaw said they were caught in the crossfire, suffering both from ISIS bombs and retaliatory fire by the Iraqi Army.

A wounded woman, clearly in pain, complained there is no hospital anywhere near to treat her injury from a mortar attack.

4:02pm

Iraqi forces control most of Mosul’s Tahrir neighborhood

Iraqi forces are now in control of “the larger part” of the Tahrir neighborhood in northeastern Mosul, Lt. Gen. Abdulwahab al-Saadi from Iraq’s Golden Brigade forces told Rudaw in Tahrir.

2:14pm

Shiite Hashd al-Shaabi closes in on Tal Afar airport

The Shiite paramilitary group known as Hashd al-Shaabi said on Wednesday that with support from the Iraqi air force they are closing in on Tal Afar airport which would mean cutting off ISIS from its Mosul stronghold.

“The Tal Afar airport has fallen militarily to our forces after the liberation of Tal Ramh village which is 2 kilometers away from the airport,” the Shiite paramilitary said in a statement on Wednesday.

It also said the Iraqi air force is providing air cover to the advancing forces.

The Hashd al-Shaabi said on Tuesday “that control over the airport will pave the way to liberate Tal Afar district and will cut the last ISIS supply line between Tal Afar and Mosul.”
Follow the war on Rudaw’s Live Map

Map legend:

Dark green – under Peshmerga control
Light green – encircled/battling by Peshmerga
Red – under Iraqi control
Pink – encircled/battling by Iraqi forces
Yellow – under Hashd al-Shaabi control
Orange – encircled/battling by Hashd al-Shaabi
—
10:31am

Child killed in ISIS mortar attack in Mosul, dozens of civilians injured

At least one child was killed in an ISIS mortar attack on the newly liberated eastern neighborhood of al-Zahra Wednesday morning, and a number of others injured as captured by Rudaw cameras.

Relatives rushed the wounded to Iraqi troops stationed in the area for treatment.

Rudaw’s Nalin Barwari reported that many civilians still living in the area.

Also in Tahrir neighborhood 12 civilians were injured in what appeared to be an ISIS bombardment.

Clashes between the Iraqi forces and ISIS militants resumed today after a day of calm.

Iraqi military officials said they silenced their guns for a day to clear several liberated neighborhoods of explosives and fortify their positions.

Rudaw.net

______________________________________________________________

Iraq:

Letter of Intent, Memorandum of Economic and Financial
Policies, and Technical Memorandum of Understanding

Indicative rates – 11.18.2016

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 11-17-16 (most recent listing)

Currency Auctions Announcement No. 3321

This daily currency auction was held in the Central Bank of Iraq on the 11-17-2016

The results were as follows:

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

Constitutions have to be written on hearts, not just paper. – Margaret Thatcher

*** Current News ***

Dinar Updates “Private FaceBook Group”

Follow us on twitter @DinarUpdates !!

Don’t MISS – “DU NEWS TIME” w/MadDScout, 1Bobby and More!! Nov. 17 7:30pm EST – In DU CHAT!!

www.DinarUpdates.com – save as favorite

rcookie (Dinar Guru) –    THEY DID NOT JUST START REDUCING THE NOTE COUNT…IT HAS BEEN ONGOING FOR YEARS…THIS IS WHY THEY CURRENTLY HAVE A DIRE LIQUIDITY CRISIS…THE REDUCTION OF THE NOTE COUNT IS ONE OF THE PHASES OF THE DELETE THE ZEROES PROGRAM…JUST LIKE THE MINTING OF THE NEW 3 ZERO NOTES WITH SECURITY FEATURES WE ALL HOLD…AS WELL AS THE NEW LD’S…ALL MINTED IN 2013…ALL MINTED TO WELL STRATEGIZED QUANTITIES AND RELEASE DATES…AND THE 3 ZERO NOTES WHILE STILL BEING ACKNOWLEDGED AS LEGAL TENDER FOR 10 YEARS…CAN NOT POSSIBLY COEXIST FUNCTIONALLY IN THE MARKETPLACE AT “POINT OF SALE”…AFTER THE INT’L PRICING EQUATION IS APPLIED…AND PRICES ADJUSTED…CITIZENS PURCHASING POWER ELEVATED AND REALIZED…

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

The Central Bank is required to mediate letter of guarantee 100% of their capital firms

BAGHDAD / Baghdadi News / … revealed a document issued by the Central Bank of Iraq, on Thursday, for a resolution that includes an increase for letters of guarantee banking companies to allow them to enter sell the currency window, and noted that the decision included raising the letter of guarantee for banks to 100%, while the It confirmed that the bank’s board is considering a proposal to reduce those percentages after the claims of the companies need to be reduced.

According to a document obtained by / Baghdadi News /, that “there is a decision by the Board of the Central Bank includes an increase for letters of guarantee banking companies to the Central Bank of Iraq in order to enter sell the currency window,” noting that “companies demanded the need to modify that decision.” .

The document, to be “the central bank studied the requests he has received on the amendment of the decision to lift the letter of guarantee for banks to 100%, it has decided to be 25% that the increase be before the (first of January 2017), that increases annually by 25% for a period of four years to be up to 100%. ”

It said the document, said that “those measures aimed at creating motivation for the exchange companies to work according to the requirements of the Central Bank and commit to decide in selling the currency” .anthy 21 / T

albaghdadianews.com

Kaperoni (Dinar Guru) –   Article:   “Reasons to delete three zeros from the Iraqi dinar and what it means to delete the zeros from currency”   Quote:  “Start procedures to delete three zeros from the currency in 2017”    The good news is it looks like we will see something happening in just a month or so.

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

Dinar Updates – “The After Call!!”
from Tues nite – Nov 15th
w/RCookie, Mr White & Hutch
Click-N-Listen!!

Smart phone user link – Click here

______________________________________________________________

wmawhite (Dinar Guru) –   [Local banks will…exchange the foreign currency with the countries treasuries and at that point it becomes an institutional note used in foreign trade.]  Remember, not all “local banks” exchange foreign currencies…Again, not all banks in your community will exchange foreign currency.

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

______________________________________________________________

Parliamentary Economy: project to delete the zeros from the currency has become impossible due to corruption

BAGHDAD / Baghdadi Uz..okdt Parliamentary Commission of Economy, on Thursday, said the project to delete the zeros from the currency has become impossible due to corruption, calling not to launch major new categories of currency.

The committee member said Abdul Salam al-Maliki, in an interview with / Baghdadi News / “The project to delete the zeros from the currency Ihtah to proper planning as the current conditions and the control of the powerful and corrupt financial matters prevented from approving this project,” noting that “a lot of powerful and corrupt may take advantage of this project acknowledged that, for whitening and laundered the stolen money. ”

He added that “the state has resorted to issuing new classes in a large currency, and this has led to damage to the Iraqi economy through the currency value loss, and in case the insistence of the state to issue new classes as planned, the Iraqi economy could collapse,” calling to “not to issue no new class before the study results “.anthy 21 / d

albaghdadianews.com

BGG ~ Am I the only one thinking this is odd?? Maybe “thou dost protesteth too much”??

______________________________________________________________

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!!)
______________________________________________________________

Press Release – Iraq Stock Exchange Convention on the electronic trading system online trading investors remotely with Manaf Software Company

Iraq Stock Exchange formally signed the Convention on the electronic trading system via the Internet trading after investors with Manaf software company on Monday, November 14 2016.

Agreement included a license to use the electronic trading system via the Internet for five brokerage firms active as a first stage are: urban, spring, Carmel, Mesopotamia, Elaf. Implementation of the project plan includes the creation of the electronic system and the development of tasks and services that will allow the investor trading on the shareholding companies, bonds and any listed securities in the market through this system and via the Internet, like any investor, trading in the market hall. And organize all financial settlements and equity in accordance with procedures and instructions of the prevailing market.

Managers Commissioners for brokerage firms have received special training for management will be followed by another training for authorized and opened the door to train investors by brokerage firms and the Association of mediators money leaves to spread the culture of investment and expand its base by trading stocks and bonds from anywhere in the world. It is hoped the project officially launched during the first quarter of 2017 after completion of the binding mechanisms with the Iraq Stock Exchange systems and build the required access sites.

mubasher.info

LIVE UPDATES: Battle for Mosul, Day 31

10:34pm

The Hashd al-Shaabi forces say they have completely taken over Tal Afar airport from ISIS. Hashd spokesman Ahmed al-Assadi said his forces will shortly start hunting for ISIS militants who have remained at the airport and who may be hiding.

5:04pm

Iraq’s War Media Office says federal police forces have liberated the village of Al-A’zba, south of Mosul, from ISIS and raised the Iraqi flag there.

4:27pm

At least one child was killed and tens of other people wounded in ISIS mortar attacks in Mosul’s Zahra neighborhood today . Some locals who spoke to Rudaw said they were caught in the crossfire, suffering both from ISIS bombs and retaliatory fire by the Iraqi Army.

A wounded woman, clearly in pain, complained there is no hospital anywhere near to treat her injury from a mortar attack.

4:02pm

Iraqi forces control most of Mosul’s Tahrir neighborhood

Iraqi forces are now in control of “the larger part” of the Tahrir neighborhood in northeastern Mosul, Lt. Gen. Abdulwahab al-Saadi from Iraq’s Golden Brigade forces told Rudaw in Tahrir.

2:14pm

Shiite Hashd al-Shaabi closes in on Tal Afar airport

The Shiite paramilitary group known as Hashd al-Shaabi said on Wednesday that with support from the Iraqi air force they are closing in on Tal Afar airport which would mean cutting off ISIS from its Mosul stronghold.

“The Tal Afar airport has fallen militarily to our forces after the liberation of Tal Ramh village which is 2 kilometers away from the airport,” the Shiite paramilitary said in a statement on Wednesday.

It also said the Iraqi air force is providing air cover to the advancing forces.

The Hashd al-Shaabi said on Tuesday “that control over the airport will pave the way to liberate Tal Afar district and will cut the last ISIS supply line between Tal Afar and Mosul.”
Follow the war on Rudaw’s Live Map

Map legend:

Dark green – under Peshmerga control
Light green – encircled/battling by Peshmerga
Red – under Iraqi control
Pink – encircled/battling by Iraqi forces
Yellow – under Hashd al-Shaabi control
Orange – encircled/battling by Hashd al-Shaabi
—
10:31am

Child killed in ISIS mortar attack in Mosul, dozens of civilians injured

At least one child was killed in an ISIS mortar attack on the newly liberated eastern neighborhood of al-Zahra Wednesday morning, and a number of others injured as captured by Rudaw cameras.

Relatives rushed the wounded to Iraqi troops stationed in the area for treatment.

Rudaw’s Nalin Barwari reported that many civilians still living in the area.

Also in Tahrir neighborhood 12 civilians were injured in what appeared to be an ISIS bombardment.

Clashes between the Iraqi forces and ISIS militants resumed today after a day of calm.

Iraqi military officials said they silenced their guns for a day to clear several liberated neighborhoods of explosives and fortify their positions.

Rudaw.net

______________________________________________________________

Iraq:

Letter of Intent, Memorandum of Economic and Financial
Policies, and Technical Memorandum of Understanding

Indicative rates – 11.17.2016

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 11-15-16 (most recent listing)

Currency Auctions Announcement No. 3319

This daily currency auction was held in the Central Bank of Iraq on the 11-15-2016

The results were as follows:

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

Money is only a tool. It will take you wherever you wish, but it will not replace you as the driver. – Ayn Rand

*** Current News ***

BGG (Dinar Guru) –   […if three zeros are removed, a hypothetical is, eight $25,000 note would become a $25 note is that correct?]  First off – it’s a 25k DINAR note… worth $25 USD (currently)…and when they get done revaluing – no matter what the USD value is – or should be OUT OF IRAQ…inside Iraq – 1 Dinar will still be worth 1 Dinar…a Dinar is a Dinar... so ask yourself – again, when they are writing these articles about their currency – who are they talking to?  Iraqi’s – where a Dinar is still going to be worth a Dinar…so what are they removing?  …it’s NOT A LOP – that is what taking a 25k (IQD) note to a 25 IQD note would be – and there’s NO WAY…So…if it’s NOT NOMINAL VALUE… AKA – .00086 >> .86 and it’s NOT A LOP… AKA 25,000 = a 25 IQD note…then what is it?  a removal of the bigger – 3 zero notes over a period of time… 

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

Follow us on twitter @DinarUpdates !!

Don’t MISS – “DU NEWS TIME” w/Rcookie & Hutch – Tues Nov. 15 6:30pm CST – In DU CHAT!!

www.DinarUpdates.com – save as favorite

SteveI (Dinar Guru) –   [Dropping the three zeros is merely a description of the coming new lower denomination currency. On the magic day whatever day that is…The lower denominations will be announced and issued …including a 25 dinar note, a 10 dinar note, the 5 dinar note, and so on…Concurrent with that event the exchange rate will be updated to whatever value they have determined…Be it $.85 to the dinar, or $1.16 to the dinar, or $3.45 to the Dinar…]  This is how we believe it to happen…

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

Reasons to delete three zeros from the Iraqi dinar and what it means to delete the zeros from currency

Omar Al-Fateh – The reasons for deleting three zeros from the Iraqi dinar and what it means to delete the three zeroes from the Iraqi currency, the fact deleting three zeros from the Iraqi dinar, the official source at the Central Bank of Iraq, said that the beginning of the beginning of 2017, will the central Bey Iraqi deleting three zeros from the currency of Iraq, Finance Committee also announced in parliament that the central bank will start at the beginning of 2017 by deleting three zeros from the local currency, in other words, that the unity of the coin in 1000 dinars from the old currency will be replaced by only one denarius of the new currency, and so on.

Start procedures to delete three zeros from the currency in 2017

Going on in the minds of many Iraqis that the important question of whether to raise (the zeros from the Iraqi dinar) harm or benefit? Thus why do not we raise the zeros, the official source in the Iraqi Central Bank stressed that the purpose of deleting three zeros from the currency of Iraq is to lift the economy and prosperity to raise support for the dinar, which will be a key reason for the return of Iraq’s economy again in January 2017, the step by Iraq intended to reform the local currency system based on the use of the currency too high denominations, which leads to difficulties in handling and in private transactions accounts, as well as higher prices resulting from the use of monetary units higher categories, which leads to a decline in the currency and declining purchasing power exchange rate the dinar in a big way.

CBI decision to remove three zeros from the Iraqi dinar

Iraqi Central Bank chairman said that the deletion of three zeros from the Iraqi dinar will help in flourishing once again the Iraqi economy and the return of the Iraqi currency traded in international stock markets, the deletion of zeros restore Iraqi currency mind in periods of monetary turmoil and declining public revenues of the state at a time when the expenses increase, resort states often to print more of the local currency, leading to price hikes and the occurrence of high inflation, the need to cross categories with high currencies such as the one thousand and one million one hundred thousand … etc., and with every raise in the denomination as the economy enters the furnace of inflation.

Why delete the three zeroes from the Iraqi dinar

The aim of deleting three zeros from the currency of Iraq is one of the means to control the high inflation is monetary reform, coupled with a change in monetary policy by the old currency high Pfiadtha replacement of a new currency with lower categories so prices tend to decline, but does he have on inflation? The answer is no, because the elimination of inflation is required to follow state moderate monetary policy, an official at the Central Bank of Iraq and stressed that the Iraqi dinar will be the vital currency in global stock markets and the central bank is currently discussing the principles of starting the project and its laws on the beginning of the project of the year 2017 and stressed that the new currency will not have a significant impact on the major currencies, but will raise the Iraqi economy.

Read More: http://www.dinarupdates.com/showthread.php?43595-Reasons-to-delete-three-zeros-from-the-Iraqi-dinar&p=165323#post165323

BGG (Dinar Guru) –   …there have been several BARN BURNER ARTICLES lately…Here’s a couple of…headlines from the last few days…  “Reasons to delete three zeros from the Iraqi dinar and what it means to delete the zeros from currency“;  “The central bank begins its first steps to delete the three zeroes from the currency“;  “The CBI decision to remove three zeros from the currency of Iraq beginning in 2017“.  They are pretty much telling us what’s happening…it’s VERY EXCITING!

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

Dinar Updates – “The After Call!!”
Tues nite – Nov 15th – 7:30pm CST
w/RCookie, Mr White & Hutch
1-641-715-3640 pin#528733

from Nov 1st – Smart phone user link – Click here

______________________________________________________________

wmawhite (Dinar Guru) –  […[BGG] mentioned it might come out as exotic currency what does that really mean?]  If it has value and there is someone on this planet that will exchange it for me, it doesn’t matter.

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

______________________________________________________________

The CBI decision to remove three zeros from the currency of Iraq beginning in 2017

An official source at the Central Bank of Iraq that the beginning of the beginning of 2017, will the central Iraqi Bey deleting three zeros from the currency of Iraq.

The official source at the Central Bank of Iraq emphasized that the purpose of deleting three zeros from the currency of Iraq is to lift the economy and prosperity to raise support for the Kuwaiti Iraqi dinar, which will be a key reason for the return of Iraq’s economy again.

He stressed that the Iraqi dinar will be the vital currency in global stock markets and the central bank is currently discussing the principles of starting the project and its laws on the beginning of the project from 2017 and confirmed that the new currency will not have a significant impact on the major currencies, but will raise the Iraqi economy.

Iraqi Central Bank chairman said that this step will help the Iraqi economy booming again and the return of the Iraqi currency traded in international stock markets.

I know the CBI decision to remove three zeros from the currency of Iraq beginning in 2017 through Thagafna source

Filkhbr.com

______________________________________________________________

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!!)
______________________________________________________________

The central bank begins its first steps to delete the three zeroes from the currency

The governor of the Iraqi Central Bank, said the bank began to develop the first steps of the project to delete the three zeroes from the Iraqi currency.

Between the Keywords in a statement 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 project is strategic It will serve as 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 Keywords introduction of the new currency does not mean the destruction of ancient coins, but will continue to trade for about 10 years.

Courtesy of RCookie

Read More: http://www.dinarupdates.com/showthread.php?43559-The-central-bank-begins-its-first-steps-to-delete-the-three-zeroes-RCookie

______________________________________________________________

Iraq:

Letter of Intent, Memorandum of Economic and Financial
Policies, and Technical Memorandum of Understanding

Indicative rates – 11.15.2016

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