Dinar Daily NEWS Blog – October 23rd

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 10-23-16 (most recent listing)

Currency Auctions Announcement No. 3302

This daily currency auction was held in the Central Bank of Iraq on the 10-23-2016

The results were as follows:

DETAILS NOTES
Number of banks 32
Number of remittance companies 15
Auction price selling dinar / US$ 1182
Auction price buying dinar / US$ —–
Amount sold at auction price (US$) 152,764,405
Amount purchased at Auction price (US$) —–
Total offers for buying (US$) 152,764,405
Total offers for selling (US$) —–

More: http://dinarupdates.com/observer/
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A Constitution of Government once changed from Freedom, can never be restored. Liberty, once lost, is lost forever. – John Adams

*** Current News ***

Follow us on twitter @DinarUpdates !!

follow Dinar Updates on twitterDon’t MISS – “DU NEWS TIME” w/BGG & Co. – Oct 23rd 7:30pm EST – In the CHAT ROOM!!

www.DinarUpdates.com – save as favorite

Coinciding with the victories of our security forces in Mosul. The Central Bank raised the dinar against the dollar

Central Bank officials confirmed yesterday that the Iraqi dinar price final price us dollar coinciding with victories of our security forces are advancing towards the liberation of the city of Mosul, the source said in a press statement singled out by the news that the Central Bank decided to raise the value of the Iraqi dinar against the US dollar financial mechanisms within its own policies stating that those mechanisms are subject to the principle of supply and demand in the domestic market. The source said the Iraqi dinar during the coming few days will witness a significant rise in the price of the US dollar.

Read More: http://www.dinarupdates.com/showthread.php?42837-Coinciding-with-the-victories-of-our-security-forces-in-Mosul-The-Central-Bank-raise&p=164159#post164159

BGG ~ Text from another version of this piece of news…

“The source, who preferred not to be named, said the Iraqi dinar will see over the next few days, a significant rise in price against the US dollar…”

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rcookie (Dinar Guru) –  Article: “Parliament postpones paragraph first reading of the draft first amendment to the Amnesty Law“  Quote: ”The House of Representatives decided today to postpone the first paragraph the first reading of the draft amendment to the Law of General Amnesty Law, to next Monday’s meeting.”

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

Dinar Updates – “The After Call!!”
from Wed – Oct 19th

w/RCookie, Mr White & Hutch

Smart phone user link – Click here

BGG ~ This was a VERY good call – might want to listen to this one more than once!!

______________________________________________________________

rcookie (Dinar Guru) –    Article:  “Economic laws to secure new revenue for the state treasury”  Quote:  “…seeking for economic and investment commission to push for the adoption of new laws provide new income to the state treasury and is working to develop actually investment in the country.”  THIS IS HUGE…HUGE…HUGE… AGENCY REGULATORY ACT…IRAQI COMMISSION ACT…CHAMBER OF COMMERCE LAW NO. 43 (1989)…ECONOMIC LAWS SPEED SUBMITTING TO HoR IN SHORTEST POSSIBLE TIME…THIS IS WHAT WE HAVE TALKED ABOUT …CONCERNING THE CALL FROM IMF FOR ACCURATE…TRANSPARENT TIMELY ECONOMIC & FINANCIAL DATA FROM ALL PROVINCES FOR QUITE SOME TIME…THEY ARE TELLING US ALL THE ECONOMIC & INVESTMENT LAWS ARE CUED UP AND COMING!    [post 1 of 2….stay tuned]

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

Economic laws to secure new revenue for the state treasury

BAGHDAD / Farah pumice seeking for economic and investment commission to push for the adoption of new laws provide new income to the state treasury and is working to develop actually investment in the country. According to the Chairman of the Committee MP Ahmad al-Kanani, the Committee discussed at its last meeting, the drafts (draft census law for the purpose of lifting the second reading, the enterprise Agency Regulatory Act for the purpose of lifting the first reading a draft Iraqi Commission Act to adopt in order to submit it for the second reading, the draft second amendment to the Act Federation of Chambers of Commerce No. (43) for the year 1989 for the purpose of submission to a vote).

“The Committee in order to expedite the enactment of an economic and investment laws character addressed the relevant authorities in the government for the purpose of speeding up the completion of economic laws and the terms of the adjournment of the House of Representatives in order to acknowledge the shortest possible time.” Kanani said that “most economic laws, which allocates the Commission is very important legislation as they relate to the country’s economy and the development of fact, the investment and secure new revenue to the state treasury sources, as well as a project of Statistics Act, which delayed legislation period we see a very long and it is time to approval being will provide all the data upon which the government in the conduct of its affairs, preparation of future plans. ”

In the meantime, the House of Representatives is moving to approve the Financial Management Act, which regulates the financial matters of the state. Chairman of the parliamentary finance committee Mohammed Halbusi pointed out that “the law came for the purpose of organizing rules and procedures that financial and accounting management control in the field of planning and preparation, implementation, control and audit of the general budget of the Federal and directing all federal revenues to the public treasury to cover public spending.”

The law also works to “identify and units of internal control link from the administrative and technical standpoints and the development of mechanisms for the implementation of budgets and the commitment of both an executor and determine the responsibility of the Ministry of Finance in the implementation phase as well as setting specific dates for the submission of trial balances and closing accounts and commitment to the principles of the budget (budget transparency and comprehensiveness of the budget and the unity of the budget the annual budget and the lack of customization) when creating and implementing the federal budget and related matters to ensure the achievement of macroeconomic stability, financial stability and strengthen the budgetary resources and improve the efficiency and effectiveness of spending and ensure that cash management to optimize and improve the quality of the budget information provided to the House of Representatives and the citizens. ”

Read More: http://www.dinarupdates.com/showthread.php?42836-Economic-laws-to-secure-new-revenue-for-the-state-treasury-10-23&p=164158#post164158

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Kaperoni (Dinar Guru) –   Said many times that the dinar will float. The CBI monetary policy must change if they want foreign investors.

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

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Economy after the war on «Daesh»

Samir Abbas Alnasiri – Interested in postwar planning against «Daesh» terrorist phase in terms of the allocation of resources in the budget and benefit from loans and grants and international aid in the reconstruction of cities liberated and activate and stimulate the private sector and encourage him to contribute with the government in the implementation of their plans as well as the rehabilitation of human resources in the removal of the effects of war in terrorism and the decline in world oil prices and the suffering of the government and the people displaced from the economic and security crises and examine the reality of the Iraqi economy during the years (2014-2016) as well as the fee strategy and new economic vision of economic construction for the next five years beyond the expulsion «Daesh» and the liberation of all occupied lands , and specifically for the years ( 2017 – 2021) through: –

1 – allocation of 50 percent of the assignments was to monitor the costs of the war on terrorism for the purposes of the reconstruction of liberated areas in addition to the allocations reconstruction fund allocated to international and grants to this goal.

2 – establish a body or a large enterprise specialized for financing small and medium enterprises and the formation of banking system of cooperation and coordination with them under the supervision of the Central Bank and the Association of banks in collaboration with the Ministries of planning and Development cooperation, Agriculture, Industry and Finance to lay the foundations and operational mechanisms for application in the liberated provinces to achieve the goal of rehabilitation of young people, particularly graduates of the sons of these provinces to set up small and medium – economic projects to convert them from the unemployed to the productive contribution of older persons in building the national economy.

3 – the founding of the Bank for development and investment in which the government ‘s share is not more than 25 percent of the capital and the private sector contributes Baktaath all for large in the capital and managed the mentality of the market economy and is subject to the control and supervision of the central Aalpennek and the Office of financial supervision and be governmental role focuses on support the attribution and identification of large development and investment projects that contribute to the funding.

4 – allocation of funds from the international Monetary and banks and financial institutions will get Iraq for the next three years to set up industrial zones and supporting the large contribution of the private sector agricultural projects and young graduates to diversify non – oil resources fund loans.

5 – the Central Bank and the Association of banks and the private sector, civil society organizations and the private banks to achieve economic and social objectives of the organization and leadership campaigns to finance and reconstruction projects that serve vast segments of society and reduce the unemployment rate similar to the rehabilitation of Rasheed Street and public squares in Baghdad called by the central bank.

6 – Playback considering the laws of the legislative environment governing the economic process, particularly investment banks and the central bank and stock market laws and registration of companies , including helping to lending operations tax and settling accounts and guarantees required from entrepreneurs and the mechanism for the payment of their dues

7 – the development and activation and implementation of the government ‘s plans in e – government applications and proactive control electronics that limit operations administrative corruption and financial support .

8 – activation of the Council of Ministers ‘ decision to establish a Deposit Insurance Company that was the target of the founding restore public confidence in the trust sector , the Iraqi banking and increase the savings rate among banks rather than compactness in their homes , and their impacts on the contribution of funds of citizens in sustainable development to be urged and bind government and private banks to contribute to this company

9 – the structural and institutional reconstruction of the economy development of the foundations essential for the management of the economy and infrastructure , a Supreme Council for economic reform and approval of the draft law submitted three years ago and did not approve of the House of Representatives and the establishment of the National Provident Fund or the Sovereign Provident Fund to pool resources in non – oil and oil in excess of the planned sale price rates in the annual budgets as well as the establishment of the national Commission for decades , investment and trade and the withdrawal of all contractual powers vested
ministries.

10 – the establishment of the National Council for the ages rather than the current Housing Fund and the reconstruction of liberated cities of «Daesh» and the feasibility study for all large investment projects and infrastructure projects submitted by the provinces and monitor allocations have and the reviewing and monitoring and evaluation.

11 – the establishment of the National Center for Rehabilitation and distribution of human resources and specializes in the rehabilitation and training of graduates and their distribution between rehabilitation centers , government and private training prior to their appointment centrally in the state ministries and private sector projects, according to the development plan and budget requirements Alsnobh.

12 – the establishment of the National Center for consulting and strategic studies to attract all the talent and expertise of Iraq at home and abroad for the purpose of providing the governmental institutions and the private sector leadership of the administrative and technical (technocrats) for the management of all state institutions without quotas and consensual.

Read More: http://www.dinarupdates.com/showthread.php?42586-Economy-after-the-war-on-%ABDaesh%BB-10-18

Start of the second phase of the liberalization of Mosul, with great success to Iraqi forces

Mosul «Quds Al-Arabi»: Joint Iraqi forces, announced the start of the second phase of operations (coming, Nineveh) to liberate Mosul of al «State» amid the success of the forces in restoring towns and villages in many areas.

Iraqi military sources announced that the band 15 forces of the Iraqi army had been launched, on Tuesday, in the liberation of the city of Mosul process towards the villages (Alahud, Zake, hid it, listed) that fall within the axis of Qayyarah south of Mosul, to launch them in the coming days about hand Shore bathroom Alil.

According to military media cell, the 15 pieces of the band managed to free Alahud village in the southern hub of the city of Mosul, adding that those cuts raised the Iraqi flag over the village after the enemy to inflict great losses in lives and equipment, while the clashes are still taking place in other villages.

Pieces ninth Armored Division had reached the outskirts of Hamdania spend southeast of Mosul, while the fighters withdrew from the villages of the organization in the region.
According to the military sources, the first phase of the restoration of Mosul, which is supposed to reach during the Peshmerga forces at the center of Khazar east of Mosul to spend Hamdania, achieved positive results within the targets set for it. Within the second phase of the plan of attack, the 15 Division troops in the Iraqi army managed to free three villages in the hand] advice, (60 km south of Mosul), while managed joint forces of the ninth division of the Iraqi army and the fight against terrorism to impose siege on Hamdaniya district, north of Mosul , four axes, and began shelling the city center shelling with artillery and mortars to break down defenses and locations of the organization and preparation for the storm.

The second phase will be related to storm Hamdania springboard for Iraqi forces to restore Hamdania spend, which represents the closest geographic points to the city of Mosul (10 kilometers).

It also announced military media cell, the liberation of the village «Alzakh» south of Mosul and raising the Iraqi flag over it. The statement said the cell, said that «pieces of the band 15 in the liberation of Nineveh operations Alzakh liberated the village and raise the Iraqi flag after the enemy to inflict loss of life and equipment».

She said the cell, that «the people of the villages and Alahud Alzakh Antqdon against Aldoaash and kill terrorist elements and supporting Iraqi Army».  According to another statement of the cell on Tuesday, he said the Iraqi army also managed to restore the village Alsart north of Qayyarah.

The Army Chief of Staff Gen. corner Othman al-Ghanemi, said in an interview with the (long-Presse), during his stay with the Ninth Division troops in the south-eastern axis of the city of Mosul, said that «our forces moving here from three axes according to what we have planned, but has been accelerating implementation of the plan as a result of the collapse of the enemy and Anhzamh », indicating that« the part of these forces collar Hamdania and another section continuous progress of the other axis », adding that« coalition forces provided air attribution us and everyone is satisfied with the performance.

Peshmerga commander declared that the battle is ongoing and may take a long time depending on the degree of resistance «organization« attacked the joint forces it.
He said Jabbar Yawar, Secretary General of the Ministry of Peshmerga in a televised interview «Quds Al-Arabi» I followed that the Kurdish forces were able on the first day of the battle of liberation eight villages and an area of ​​land of up to 200 square kilometers, pointing out that the elements of the organization morale suffered a major collapse, and their resistance is weak only planting explosive devices and the use of car bombs and suicide bombers, some, describing this technique not feasible to halt the progress of the joint forces as it became known.

He stressed that the liberalization of Mosul, a plan for each identified target strength and Mahmor role and to work within it, and that the Peshmerga (four thousand fighters) have a specific focus of the Nineveh Plain, stressing that the troops would enter Mosul is the army and the federal police and local police.

A statement of the Peshmerga that liberated villages are Baschrh and Destructive Sultan and Kprli and Bazkurdan and vertical small camel and camel large and Sheikh Amir, was also edit Kashi plant west Hassan Cham. Also, the operations also resulted in the destruction of four wheels bomb belonging to the terrorist organization.

Within the context, the security sources, reported that a large convoy of regulation was destroyed aerial bombing at the Iraqi-Syrian border, indicating that the convoy was comprised Anaasra Arabs and foreigners who were trying to escape towards the Syrian tenderness.

The sources, that the convoy consisting of about 30 vehicle was carrying Arab elements and foreign organization, which resulted in the destruction of a convoy of aircraft and killing most of it. »

Within the context, security sources reported that the anti-terrorism forces carried out a landing air, through which control the sulfur plant Mishraq south of the city of Mosul. It occupies edit mentioned the lab of organization of strategic importance because of the many fears of the possibility of using stocks of chemicals by the organization in the preparation of chemical weapons to bomb the joint forces during the battle.

And participate in the process (coming, Nineveh) to liberate Mosul of al «State» about 30 thousand element of the Iraqi government troops from the army, police and anti-terrorist forces and Peshmerga fighters and tribes, and the support of the international airline alliance.

While intelligence information indicates that the number of militant organization in Mosul and its environs, ranging between 3-5 thousand armed.

Observers hope that the organization resorted to flee from Mosul, in the battle to shorten the time and reduce the human and material losses in the city, which is still about a million of the trapped civilians.

www.alsabaah.iq

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

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Iraq to the whitelist financially

BAGHDAD – Tariq al – Araji , The testimony of the highest international working group it ‘s time to reap the fruits of the work done by the government of the reforms and the Central Bank of the economic measures, as it plans to highest international group to monitor the money moving internationally to get Iraq out of the gray white list to which confirm confidence of the world in Iraq financially.

Governor of the Central Bank on the Keywords said in a statement »Sabah»: the «central work on activating laundering office money and give him the powers of the administrative and fiscal conservative and full independence after undergoing rehabilitation capabilities of operations with international support and coordination with international organizations».

he said it was «expected to qualify this thing Iraq to get out of the black danger zone , which was threatened them to get out of the gray , which is currently classified where is warned area and move to white in January, according to the financial action Task Force (fatf) ».

and know FATF as« an intergovernmental body the task of studying the techniques and trends of money laundering and financing of terrorism, preparing and developing policies to combat money laundering and financing of terrorism , both domestically and internationally ».

Keywords noted that this step increases the confidence of the world in Iraq , financially and economically, in addition to contributing to reduce the fiscal deficit, indicating that it (Transitional) It came after government reforms and the central bank.

www.alsabaah.iq

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Iraq:

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

06192016loi

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CURRENCY CODE SELL BUY
US dollar USD 1182.000 1180.000
Euro EUR 1297.836 1297.187
British pound GBP 1449.132 1448.407
Canadian dollar CAD 895.590 895.142
Swiss franc CHF 1195.509 1194.911
Swedish krona SEK 133.821 133.754
Norwegian krone NOK 144.807 144.734
Danish krone DKK 174.434 174.347
Japanese yen JPY 11.406 11.400
Special
Drawing Rights
SDR 1628.690 1627.875

Indicative rates – 10.23.2016

http://www.cbi.iq/

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Dinar Daily NEWS Blog – October 20th

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 10-20-16 (most recent listing)

Currency Auctions Announcement No. 3301

This daily currency auction was held in the Central Bank of Iraq on the 10-20-2016

The results were as follows:

DETAILS NOTES
Number of banks 31
Number of remittance companies 14
Auction price selling dinar / US$ 1182
Auction price buying dinar / US$ —–
Amount sold at auction price (US$) 152,418,592
Amount purchased at Auction price (US$) —–
Total offers for buying (US$) 152,418,592
Total offers for selling (US$) —–

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

One man’s theology is another man’s belly laugh. – Robert Heinlein

*** Current News ***

Dinar Updates – “The After Call!!”
from Wed – Oct 19th

w/RCookie, Mr White & Hutch

Smart phone user link – Click here

BGG ~ This was a VERY good call – might want to listen to this one more than once!!

Iraq to the whitelist financially

BAGHDAD – Tariq al – Araji , The testimony of the highest international working group it ‘s time to reap the fruits of the work done by the government of the reforms and the Central Bank of the economic measures, as it plans to highest international group to monitor the money moving internationally to get Iraq out of the gray white list to which confirm confidence of the world in Iraq financially.

Governor of the Central Bank on the Keywords said in a statement »Sabah»: the «central work on activating laundering office money and give him the powers of the administrative and fiscal conservative and full independence after undergoing rehabilitation capabilities of operations with international support and coordination with international organizations».

he said it was «expected to qualify this thing Iraq to get out of the black danger zone , which was threatened them to get out of the gray , which is currently classified where is warned area and move to white in January, according to the financial action Task Force (fatf) ».

and know FATF as« an intergovernmental body the task of studying the techniques and trends of money laundering and financing of terrorism, preparing and developing policies to combat money laundering and financing of terrorism , both domestically and internationally ».

Keywords noted that this step increases the confidence of the world in Iraq , financially and economically, in addition to contributing to reduce the fiscal deficit, indicating that it (Transitional) It came after government reforms and the central bank.

www.alsabaah.iq

rcookie (Dinar Guru) –   [In your opinion, what stages are they at as far as the PFM and Investment Law.]   BOTH HAVE BEEN ADJUSTED AS PER EXPECTATIONS AND AWAIT VOTE…BOTH ARE SO INTEGRAL IN IQD VALUE INCREASE…IN BOTH ATTRACTING/CAPTURING AND RETAINING FDI….AND MEANS IN WHICH THEY PROCESS AND SPEND GLOBAL LOANS AND GRANTS OF FUNDING FOR DEVELOPMENT PROJECTS OF LIBERATED AREAS….WILL NOT BE BUSINESS AS USUAL…

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

Follow us on twitter @DinarUpdates !!

follow Dinar Updates on twitterDon’t MISS – “DU NEWS TIME” w/MadDScout & 1Bobby – Oct 20 7:30pm EST – In the CHAT ROOM!!

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SteveI (Dinar Guru) –   Article:  “Federal Police forces recapture 56 oil fields from ISIS near Mosul”   Quote:  “this morning, Iraqi Federal Police forces managed to recapture 56 oil fields from ISIS control near the area of Ain al-Gahsh in Qayyarah axis, south of Mosul.” “Security forces are still achieving progress on all battle fronts to liberate the city of Mosul…”  Good stuff!

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

Cabinet sends next year’s budget to parliament in 2017

BAGHDAD / Baghdadi Uz..aaln Prime Minister Haider al-Abadi, on Tuesday, sending next year’s budget to the House of Representatives for a vote, noting that the Council of Ministers also agreed to launch a massacre amounts Spyker families compensation.

Ebadi said at a news conference attended by the correspondent / Baghdadi News / “The Council of Ministers has completed discuss next year’s budget and sent it to parliament for a vote before the end of this year,” noting that “the budget included a former oil deal with the Kurdistan region.”

“The board reshuffled the general amnesty law in coordination with the political blocs in the House of Representatives,” noting that “This amendment will ensure that the release of criminals and terrorists.”

He noted that “the Council of Ministers also approved in today’s session to launch amounts Spyker massacre that claimed the lives of 1,700 students at the hands of the terrorist organization Daesh families compensation, also acknowledged the integration of retired workers and the private pension fund” .anthy 21 / d project (Thanks Da58)

albaghdadianews.com

rcookie (Dinar Guru) –   Article:  “Cabinet sends 2017 budget to parliament”  Quote:  “the Council of Ministers sent the draft 2017 budget bill to the House of Representatives in order to vote on them.”  2017 BUDGET OFFICIALLY IN PARLIAMENT

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

BGG ~ This part probably refers to the agreement “codified” in previous budgets… still good news…  “the budget included a former oil deal with the Kurdistan region.”

Josie says:
THIS IS SAYING THE 2017 BUDGET HAS BEEN SENT TO PARLIAMENT AND INCLUDES THE HCL

rcookie says:
TRY NOT TO PASS OUT…..

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Economy after the war on «Daesh»

Samir Abbas Alnasiri – Interested in postwar planning against «Daesh» terrorist phase in terms of the allocation of resources in the budget and benefit from loans and grants and international aid in the reconstruction of cities liberated and activate and stimulate the private sector and encourage him to contribute with the government in the implementation of their plans as well as the rehabilitation of human resources in the removal of the effects of war in terrorism and the decline in world oil prices and the suffering of the government and the people displaced from the economic and security crises and examine the reality of the Iraqi economy during the years (2014-2016) as well as the fee strategy and new economic vision of economic construction for the next five years beyond the expulsion «Daesh» and the liberation of all occupied lands , and specifically for the years ( 2017 – 2021) through: –

1 – allocation of 50 percent of the assignments was to monitor the costs of the war on terrorism for the purposes of the reconstruction of liberated areas in addition to the allocations reconstruction fund allocated to international and grants to this goal.

2 – establish a body or a large enterprise specialized for financing small and medium enterprises and the formation of banking system of cooperation and coordination with them under the supervision of the Central Bank and the Association of banks in collaboration with the Ministries of planning and Development cooperation, Agriculture, Industry and Finance to lay the foundations and operational mechanisms for application in the liberated provinces to achieve the goal of rehabilitation of young people, particularly graduates of the sons of these provinces to set up small and medium – economic projects to convert them from the unemployed to the productive contribution of older persons in building the national economy.

3 – the founding of the Bank for development and investment in which the government ‘s share is not more than 25 percent of the capital and the private sector contributes Baktaath all for large in the capital and managed the mentality of the market economy and is subject to the control and supervision of the central Aalpennek and the Office of financial supervision and be governmental role focuses on support the attribution and identification of large development and investment projects that contribute to the funding.

4 – allocation of funds from the international Monetary and banks and financial institutions will get Iraq for the next three years to set up industrial zones and supporting the large contribution of the private sector agricultural projects and young graduates to diversify non – oil resources fund loans.

5 – the Central Bank and the Association of banks and the private sector, civil society organizations and the private banks to achieve economic and social objectives of the organization and leadership campaigns to finance and reconstruction projects that serve vast segments of society and reduce the unemployment rate similar to the rehabilitation of Rasheed Street and public squares in Baghdad called by the central bank.

6 – Playback considering the laws of the legislative environment governing the economic process, particularly investment banks and the central bank and stock market laws and registration of companies , including helping to lending operations tax and settling accounts and guarantees required from entrepreneurs and the mechanism for the payment of their dues

7 – the development and activation and implementation of the government ‘s plans in e – government applications and proactive control electronics that limit operations administrative corruption and financial support .

8 – activation of the Council of Ministers ‘ decision to establish a Deposit Insurance Company that was the target of the founding restore public confidence in the trust sector , the Iraqi banking and increase the savings rate among banks rather than compactness in their homes , and their impacts on the contribution of funds of citizens in sustainable development to be urged and bind government and private banks to contribute to this company

9 – the structural and institutional reconstruction of the economy development of the foundations essential for the management of the economy and infrastructure , a Supreme Council for economic reform and approval of the draft law submitted three years ago and did not approve of the House of Representatives and the establishment of the National Provident Fund or the Sovereign Provident Fund to pool resources in non – oil and oil in excess of the planned sale price rates in the annual budgets as well as the establishment of the national Commission for decades , investment and trade and the withdrawal of all contractual powers vested
ministries.

10 – the establishment of the National Council for the ages rather than the current Housing Fund and the reconstruction of liberated cities of «Daesh» and the feasibility study for all large investment projects and infrastructure projects submitted by the provinces and monitor allocations have and the reviewing and monitoring and evaluation.

11 – the establishment of the National Center for Rehabilitation and distribution of human resources and specializes in the rehabilitation and training of graduates and their distribution between rehabilitation centers , government and private training prior to their appointment centrally in the state ministries and private sector projects, according to the development plan and budget requirements Alsnobh.

12 – the establishment of the National Center for consulting and strategic studies to attract all the talent and expertise of Iraq at home and abroad for the purpose of providing the governmental institutions and the private sector leadership of the administrative and technical (technocrats) for the management of all state institutions without quotas and consensual.

Read More: http://www.dinarupdates.com/showthread.php?42586-Economy-after-the-war-on-%ABDaesh%BB-10-18

Start of the second phase of the liberalization of Mosul, with great success to Iraqi forces

Mosul «Quds Al-Arabi»: Joint Iraqi forces, announced the start of the second phase of operations (coming, Nineveh) to liberate Mosul of al «State» amid the success of the forces in restoring towns and villages in many areas.

Iraqi military sources announced that the band 15 forces of the Iraqi army had been launched, on Tuesday, in the liberation of the city of Mosul process towards the villages (Alahud, Zake, hid it, listed) that fall within the axis of Qayyarah south of Mosul, to launch them in the coming days about hand Shore bathroom Alil.

According to military media cell, the 15 pieces of the band managed to free Alahud village in the southern hub of the city of Mosul, adding that those cuts raised the Iraqi flag over the village after the enemy to inflict great losses in lives and equipment, while the clashes are still taking place in other villages.

Pieces ninth Armored Division had reached the outskirts of Hamdania spend southeast of Mosul, while the fighters withdrew from the villages of the organization in the region.
According to the military sources, the first phase of the restoration of Mosul, which is supposed to reach during the Peshmerga forces at the center of Khazar east of Mosul to spend Hamdania, achieved positive results within the targets set for it. Within the second phase of the plan of attack, the 15 Division troops in the Iraqi army managed to free three villages in the hand] advice, (60 km south of Mosul), while managed joint forces of the ninth division of the Iraqi army and the fight against terrorism to impose siege on Hamdaniya district, north of Mosul , four axes, and began shelling the city center shelling with artillery and mortars to break down defenses and locations of the organization and preparation for the storm.

The second phase will be related to storm Hamdania springboard for Iraqi forces to restore Hamdania spend, which represents the closest geographic points to the city of Mosul (10 kilometers).

It also announced military media cell, the liberation of the village «Alzakh» south of Mosul and raising the Iraqi flag over it. The statement said the cell, said that «pieces of the band 15 in the liberation of Nineveh operations Alzakh liberated the village and raise the Iraqi flag after the enemy to inflict loss of life and equipment».

She said the cell, that «the people of the villages and Alahud Alzakh Antqdon against Aldoaash and kill terrorist elements and supporting Iraqi Army».  According to another statement of the cell on Tuesday, he said the Iraqi army also managed to restore the village Alsart north of Qayyarah.

The Army Chief of Staff Gen. corner Othman al-Ghanemi, said in an interview with the (long-Presse), during his stay with the Ninth Division troops in the south-eastern axis of the city of Mosul, said that «our forces moving here from three axes according to what we have planned, but has been accelerating implementation of the plan as a result of the collapse of the enemy and Anhzamh », indicating that« the part of these forces collar Hamdania and another section continuous progress of the other axis », adding that« coalition forces provided air attribution us and everyone is satisfied with the performance.

Peshmerga commander declared that the battle is ongoing and may take a long time depending on the degree of resistance «organization« attacked the joint forces it.
He said Jabbar Yawar, Secretary General of the Ministry of Peshmerga in a televised interview «Quds Al-Arabi» I followed that the Kurdish forces were able on the first day of the battle of liberation eight villages and an area of ​​land of up to 200 square kilometers, pointing out that the elements of the organization morale suffered a major collapse, and their resistance is weak only planting explosive devices and the use of car bombs and suicide bombers, some, describing this technique not feasible to halt the progress of the joint forces as it became known.

He stressed that the liberalization of Mosul, a plan for each identified target strength and Mahmor role and to work within it, and that the Peshmerga (four thousand fighters) have a specific focus of the Nineveh Plain, stressing that the troops would enter Mosul is the army and the federal police and local police.

A statement of the Peshmerga that liberated villages are Baschrh and Destructive Sultan and Kprli and Bazkurdan and vertical small camel and camel large and Sheikh Amir, was also edit Kashi plant west Hassan Cham. Also, the operations also resulted in the destruction of four wheels bomb belonging to the terrorist organization.

Within the context, the security sources, reported that a large convoy of regulation was destroyed aerial bombing at the Iraqi-Syrian border, indicating that the convoy was comprised Anaasra Arabs and foreigners who were trying to escape towards the Syrian tenderness.

The sources, that the convoy consisting of about 30 vehicle was carrying Arab elements and foreign organization, which resulted in the destruction of a convoy of aircraft and killing most of it. »

Within the context, security sources reported that the anti-terrorism forces carried out a landing air, through which control the sulfur plant Mishraq south of the city of Mosul. It occupies edit mentioned the lab of organization of strategic importance because of the many fears of the possibility of using stocks of chemicals by the organization in the preparation of chemical weapons to bomb the joint forces during the battle.

And participate in the process (coming, Nineveh) to liberate Mosul of al «State» about 30 thousand element of the Iraqi government troops from the army, police and anti-terrorist forces and Peshmerga fighters and tribes, and the support of the international airline alliance.

While intelligence information indicates that the number of militant organization in Mosul and its environs, ranging between 3-5 thousand armed.

Observers hope that the organization resorted to flee from Mosul, in the battle to shorten the time and reduce the human and material losses in the city, which is still about a million of the trapped civilians.

www.alsabaah.iq

______________________________________________________________

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Babylon attracts investment

BAGHDAD / morning at a time when Babylon Investment Commission announced the investment license granted within the tourism sector at a cost of 4.5 billion dinars in the city of Hilla , the center of which is the eighth investment license during the current year, and a specialist in economic affairs stressed the importance of these projects that contribute to moving the labor market more effectively .

Director General Dr. Nasr Hammoud Msenan said: Babylon Investment Commission and within the support of the tourism sector orientation has been granted an investment license to create a swimming pool and sports entertainment and other events in the city of Hilla center.

the president of the Commission that the cost of the project is estimated B4,5 billion dinars, pointing out that this investment license is the eighth license granted by the Commission during the current year, indicating that the project implementation period is 12 months.

the portfolios include Babylon many investment opportunities in all areas of the province which has an important strategic location in central Iraq and linking the highway and railway with most regions of the country.

He added Msenan the investment Authority of Babylon is outstanding currently among investment authorities in the provinces the fact that our body is a serious and continuous work on the subject of granting several investment licenses in all sectors as well as the completion of a lot of investment projects , in addition to that there are a lot of projects undergoing work advanced.

turn competent in economic affairs Hasan Ali Abdul Karim said that the granting of an investment license at the present time is very important and is working to move the labor market and activate chock sectors, and will provide jobs for a large segment of young people in various disciplines, and move transfers required by the implementation of project operations .

Abdul Karim noted the importance of investment with global and regional corporate bodies continue to call for the establishment of investment projects in Iraq, especially as the volume of work in a large country is economically feasible.

www.alsabaah.iq

______________________________________________________________

Iraq:

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

06192016loi

______________________________________________________________

CURRENCY CODE SELL BUY
US dollar USD 1182.000 1180.000
Euro EUR 1297.718 1297.069
British pound GBP 1454.096 1453.369
Canadian dollar CAD 901.808 901.357
Swiss franc CHF 1195.026 1194.428
Swedish krona SEK 133.948 133.881
Norwegian krone NOK 144.858 144.786
Danish krone DKK 174.403 174.316
Japanese yen JPY 11.387 11.382
Special
Drawing Rights
SDR 1630.061 1629.246

Indicative rates – 10.20.2016

http://www.cbi.iq/

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Dinar Daily NEWS Blog – October 19th

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 10-19-16 (most recent listing)

Currency Auctions Announcement No. 3300

This daily currency auction was held in the Central Bank of Iraq on the 10-19-2016

The results were as follows:

DETAILS NOTES
Number of banks 29
Number of remittance companies 14
Auction price selling dinar / US$ 1182
Auction price buying dinar / US$ —–
Amount sold at auction price (US$) 146,492,691
Amount purchased at Auction price (US$) —–
Total offers for buying (US$) 146,492,691
Total offers for selling (US$) —–

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

Freedom has cost too much blood and agony to be relinquished at the cheap price of rhetoric. – Thomas Sowell

*** Current News ***

Dinar Updates – “The After Call!!”
from Wed – Oct 19th

w/RCookie, Mr White & Hutch

Smart phone user link – Click here

Iraq to the whitelist financially

BAGHDAD – Tariq al – Araji , The testimony of the highest international working group it ‘s time to reap the fruits of the work done by the government of the reforms and the Central Bank of the economic measures, as it plans to highest international group to monitor the money moving internationally to get Iraq out of the gray white list to which confirm confidence of the world in Iraq financially.

Governor of the Central Bank on the Keywords said in a statement »Sabah»: the «central work on activating laundering office money and give him the powers of the administrative and fiscal conservative and full independence after undergoing rehabilitation capabilities of operations with international support and coordination with international organizations».

he said it was «expected to qualify this thing Iraq to get out of the black danger zone , which was threatened them to get out of the gray , which is currently classified where is warned area and move to white in January, according to the financial action Task Force (fatf) ».

and know FATF as« an intergovernmental body the task of studying the techniques and trends of money laundering and financing of terrorism, preparing and developing policies to combat money laundering and financing of terrorism , both domestically and internationally ».

Keywords noted that this step increases the confidence of the world in Iraq , financially and economically, in addition to contributing to reduce the fiscal deficit, indicating that it (Transitional) It came after government reforms and the central bank.

www.alsabaah.iq

rcookie (Dinar Guru) –   [In your opinion, what stages are they at as far as the PFM and Investment Law.]   BOTH HAVE BEEN ADJUSTED AS PER EXPECTATIONS AND AWAIT VOTE…BOTH ARE SO INTEGRAL IN IQD VALUE INCREASE…IN BOTH ATTRACTING/CAPTURING AND RETAINING FDI….AND MEANS IN WHICH THEY PROCESS AND SPEND GLOBAL LOANS AND GRANTS OF FUNDING FOR DEVELOPMENT PROJECTS OF LIBERATED AREAS….WILL NOT BE BUSINESS AS USUAL…

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

Follow us on twitter @DinarUpdates !!

follow Dinar Updates on twitterDon’t MISS – “DU NEWS TIME” w/MadDScout & 1Bobby – Oct 20 7:30pm EST – In the CHAT ROOM!!

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SteveI (Dinar Guru) –   Article:  “Federal Police forces recapture 56 oil fields from ISIS near Mosul”   Quote:  “this morning, Iraqi Federal Police forces managed to recapture 56 oil fields from ISIS control near the area of Ain al-Gahsh in Qayyarah axis, south of Mosul.” “Security forces are still achieving progress on all battle fronts to liberate the city of Mosul…”  Good stuff!

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

Cabinet sends next year’s budget to parliament in 2017

BAGHDAD / Baghdadi Uz..aaln Prime Minister Haider al-Abadi, on Tuesday, sending next year’s budget to the House of Representatives for a vote, noting that the Council of Ministers also agreed to launch a massacre amounts Spyker families compensation.

Ebadi said at a news conference attended by the correspondent / Baghdadi News / “The Council of Ministers has completed discuss next year’s budget and sent it to parliament for a vote before the end of this year,” noting that “the budget included a former oil deal with the Kurdistan region.”

“The board reshuffled the general amnesty law in coordination with the political blocs in the House of Representatives,” noting that “This amendment will ensure that the release of criminals and terrorists.”

He noted that “the Council of Ministers also approved in today’s session to launch amounts Spyker massacre that claimed the lives of 1,700 students at the hands of the terrorist organization Daesh families compensation, also acknowledged the integration of retired workers and the private pension fund” .anthy 21 / d project (Thanks Da58)

albaghdadianews.com

rcookie (Dinar Guru) –   Article:  “Cabinet sends 2017 budget to parliament”  Quote:  “the Council of Ministers sent the draft 2017 budget bill to the House of Representatives in order to vote on them.”  2017 BUDGET OFFICIALLY IN PARLIAMENT

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

BGG ~ This part probably refers to the agreement “codified” in previous budgets… still good news…  “the budget included a former oil deal with the Kurdistan region.”

Josie says:
THIS IS SAYING THE 2017 BUDGET HAS BEEN SENT TO PARLIAMENT AND INCLUDES THE HCL

rcookie says:
TRY NOT TO PASS OUT…..

______________________________________________________________

Economy after the war on «Daesh»

Samir Abbas Alnasiri – Interested in postwar planning against «Daesh» terrorist phase in terms of the allocation of resources in the budget and benefit from loans and grants and international aid in the reconstruction of cities liberated and activate and stimulate the private sector and encourage him to contribute with the government in the implementation of their plans as well as the rehabilitation of human resources in the removal of the effects of war in terrorism and the decline in world oil prices and the suffering of the government and the people displaced from the economic and security crises and examine the reality of the Iraqi economy during the years (2014-2016) as well as the fee strategy and new economic vision of economic construction for the next five years beyond the expulsion «Daesh» and the liberation of all occupied lands , and specifically for the years ( 2017 – 2021) through: –

1 – allocation of 50 percent of the assignments was to monitor the costs of the war on terrorism for the purposes of the reconstruction of liberated areas in addition to the allocations reconstruction fund allocated to international and grants to this goal.

2 – establish a body or a large enterprise specialized for financing small and medium enterprises and the formation of banking system of cooperation and coordination with them under the supervision of the Central Bank and the Association of banks in collaboration with the Ministries of planning and Development cooperation, Agriculture, Industry and Finance to lay the foundations and operational mechanisms for application in the liberated provinces to achieve the goal of rehabilitation of young people, particularly graduates of the sons of these provinces to set up small and medium – economic projects to convert them from the unemployed to the productive contribution of older persons in building the national economy.

3 – the founding of the Bank for development and investment in which the government ‘s share is not more than 25 percent of the capital and the private sector contributes Baktaath all for large in the capital and managed the mentality of the market economy and is subject to the control and supervision of the central Aalpennek and the Office of financial supervision and be governmental role focuses on support the attribution and identification of large development and investment projects that contribute to the funding.

4 – allocation of funds from the international Monetary and banks and financial institutions will get Iraq for the next three years to set up industrial zones and supporting the large contribution of the private sector agricultural projects and young graduates to diversify non – oil resources fund loans.

5 – the Central Bank and the Association of banks and the private sector, civil society organizations and the private banks to achieve economic and social objectives of the organization and leadership campaigns to finance and reconstruction projects that serve vast segments of society and reduce the unemployment rate similar to the rehabilitation of Rasheed Street and public squares in Baghdad called by the central bank.

6 – Playback considering the laws of the legislative environment governing the economic process, particularly investment banks and the central bank and stock market laws and registration of companies , including helping to lending operations tax and settling accounts and guarantees required from entrepreneurs and the mechanism for the payment of their dues

7 – the development and activation and implementation of the government ‘s plans in e – government applications and proactive control electronics that limit operations administrative corruption and financial support .

8 – activation of the Council of Ministers ‘ decision to establish a Deposit Insurance Company that was the target of the founding restore public confidence in the trust sector , the Iraqi banking and increase the savings rate among banks rather than compactness in their homes , and their impacts on the contribution of funds of citizens in sustainable development to be urged and bind government and private banks to contribute to this company

9 – the structural and institutional reconstruction of the economy development of the foundations essential for the management of the economy and infrastructure , a Supreme Council for economic reform and approval of the draft law submitted three years ago and did not approve of the House of Representatives and the establishment of the National Provident Fund or the Sovereign Provident Fund to pool resources in non – oil and oil in excess of the planned sale price rates in the annual budgets as well as the establishment of the national Commission for decades , investment and trade and the withdrawal of all contractual powers vested
ministries.

10 – the establishment of the National Council for the ages rather than the current Housing Fund and the reconstruction of liberated cities of «Daesh» and the feasibility study for all large investment projects and infrastructure projects submitted by the provinces and monitor allocations have and the reviewing and monitoring and evaluation.

11 – the establishment of the National Center for Rehabilitation and distribution of human resources and specializes in the rehabilitation and training of graduates and their distribution between rehabilitation centers , government and private training prior to their appointment centrally in the state ministries and private sector projects, according to the development plan and budget requirements Alsnobh.

12 – the establishment of the National Center for consulting and strategic studies to attract all the talent and expertise of Iraq at home and abroad for the purpose of providing the governmental institutions and the private sector leadership of the administrative and technical (technocrats) for the management of all state institutions without quotas and consensual.

Read More: http://www.dinarupdates.com/showthread.php?42586-Economy-after-the-war-on-%ABDaesh%BB-10-18

Start of the second phase of the liberalization of Mosul, with great success to Iraqi forces

Mosul «Quds Al-Arabi»: Joint Iraqi forces, announced the start of the second phase of operations (coming, Nineveh) to liberate Mosul of al «State» amid the success of the forces in restoring towns and villages in many areas.

Iraqi military sources announced that the band 15 forces of the Iraqi army had been launched, on Tuesday, in the liberation of the city of Mosul process towards the villages (Alahud, Zake, hid it, listed) that fall within the axis of Qayyarah south of Mosul, to launch them in the coming days about hand Shore bathroom Alil.

According to military media cell, the 15 pieces of the band managed to free Alahud village in the southern hub of the city of Mosul, adding that those cuts raised the Iraqi flag over the village after the enemy to inflict great losses in lives and equipment, while the clashes are still taking place in other villages.

Pieces ninth Armored Division had reached the outskirts of Hamdania spend southeast of Mosul, while the fighters withdrew from the villages of the organization in the region.
According to the military sources, the first phase of the restoration of Mosul, which is supposed to reach during the Peshmerga forces at the center of Khazar east of Mosul to spend Hamdania, achieved positive results within the targets set for it. Within the second phase of the plan of attack, the 15 Division troops in the Iraqi army managed to free three villages in the hand] advice, (60 km south of Mosul), while managed joint forces of the ninth division of the Iraqi army and the fight against terrorism to impose siege on Hamdaniya district, north of Mosul , four axes, and began shelling the city center shelling with artillery and mortars to break down defenses and locations of the organization and preparation for the storm.

The second phase will be related to storm Hamdania springboard for Iraqi forces to restore Hamdania spend, which represents the closest geographic points to the city of Mosul (10 kilometers).

It also announced military media cell, the liberation of the village «Alzakh» south of Mosul and raising the Iraqi flag over it. The statement said the cell, said that «pieces of the band 15 in the liberation of Nineveh operations Alzakh liberated the village and raise the Iraqi flag after the enemy to inflict loss of life and equipment».

She said the cell, that «the people of the villages and Alahud Alzakh Antqdon against Aldoaash and kill terrorist elements and supporting Iraqi Army».  According to another statement of the cell on Tuesday, he said the Iraqi army also managed to restore the village Alsart north of Qayyarah.

The Army Chief of Staff Gen. corner Othman al-Ghanemi, said in an interview with the (long-Presse), during his stay with the Ninth Division troops in the south-eastern axis of the city of Mosul, said that «our forces moving here from three axes according to what we have planned, but has been accelerating implementation of the plan as a result of the collapse of the enemy and Anhzamh », indicating that« the part of these forces collar Hamdania and another section continuous progress of the other axis », adding that« coalition forces provided air attribution us and everyone is satisfied with the performance.

Peshmerga commander declared that the battle is ongoing and may take a long time depending on the degree of resistance «organization« attacked the joint forces it.
He said Jabbar Yawar, Secretary General of the Ministry of Peshmerga in a televised interview «Quds Al-Arabi» I followed that the Kurdish forces were able on the first day of the battle of liberation eight villages and an area of ​​land of up to 200 square kilometers, pointing out that the elements of the organization morale suffered a major collapse, and their resistance is weak only planting explosive devices and the use of car bombs and suicide bombers, some, describing this technique not feasible to halt the progress of the joint forces as it became known.

He stressed that the liberalization of Mosul, a plan for each identified target strength and Mahmor role and to work within it, and that the Peshmerga (four thousand fighters) have a specific focus of the Nineveh Plain, stressing that the troops would enter Mosul is the army and the federal police and local police.

A statement of the Peshmerga that liberated villages are Baschrh and Destructive Sultan and Kprli and Bazkurdan and vertical small camel and camel large and Sheikh Amir, was also edit Kashi plant west Hassan Cham. Also, the operations also resulted in the destruction of four wheels bomb belonging to the terrorist organization.

Within the context, the security sources, reported that a large convoy of regulation was destroyed aerial bombing at the Iraqi-Syrian border, indicating that the convoy was comprised Anaasra Arabs and foreigners who were trying to escape towards the Syrian tenderness.

The sources, that the convoy consisting of about 30 vehicle was carrying Arab elements and foreign organization, which resulted in the destruction of a convoy of aircraft and killing most of it. »

Within the context, security sources reported that the anti-terrorism forces carried out a landing air, through which control the sulfur plant Mishraq south of the city of Mosul. It occupies edit mentioned the lab of organization of strategic importance because of the many fears of the possibility of using stocks of chemicals by the organization in the preparation of chemical weapons to bomb the joint forces during the battle.

And participate in the process (coming, Nineveh) to liberate Mosul of al «State» about 30 thousand element of the Iraqi government troops from the army, police and anti-terrorist forces and Peshmerga fighters and tribes, and the support of the international airline alliance.

While intelligence information indicates that the number of militant organization in Mosul and its environs, ranging between 3-5 thousand armed.

Observers hope that the organization resorted to flee from Mosul, in the battle to shorten the time and reduce the human and material losses in the city, which is still about a million of the trapped civilians.

www.alsabaah.iq

______________________________________________________________

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

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______________________________________________________________

Babylon attracts investment

BAGHDAD / morning at a time when Babylon Investment Commission announced the investment license granted within the tourism sector at a cost of 4.5 billion dinars in the city of Hilla , the center of which is the eighth investment license during the current year, and a specialist in economic affairs stressed the importance of these projects that contribute to moving the labor market more effectively .

Director General Dr. Nasr Hammoud Msenan said: Babylon Investment Commission and within the support of the tourism sector orientation has been granted an investment license to create a swimming pool and sports entertainment and other events in the city of Hilla center.

the president of the Commission that the cost of the project is estimated B4,5 billion dinars, pointing out that this investment license is the eighth license granted by the Commission during the current year, indicating that the project implementation period is 12 months.

the portfolios include Babylon many investment opportunities in all areas of the province which has an important strategic location in central Iraq and linking the highway and railway with most regions of the country.

He added Msenan the investment Authority of Babylon is outstanding currently among investment authorities in the provinces the fact that our body is a serious and continuous work on the subject of granting several investment licenses in all sectors as well as the completion of a lot of investment projects , in addition to that there are a lot of projects undergoing work advanced.

turn competent in economic affairs Hasan Ali Abdul Karim said that the granting of an investment license at the present time is very important and is working to move the labor market and activate chock sectors, and will provide jobs for a large segment of young people in various disciplines, and move transfers required by the implementation of project operations .

Abdul Karim noted the importance of investment with global and regional corporate bodies continue to call for the establishment of investment projects in Iraq, especially as the volume of work in a large country is economically feasible.

www.alsabaah.iq

______________________________________________________________

Iraq:

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

06192016loi

______________________________________________________________

CURRENCY CODE SELL BUY
US dollar USD 1182.000 1180.000
Euro EUR 1299.373 1298.723
British pound GBP 1451.614 1450.888
Canadian dollar CAD 902.015 901.564
Swiss franc CHF 1195.388 1194.791
Swedish krona SEK 134.289 134.222
Norwegian krone NOK 145.075 145.003
Danish krone DKK 174.630 174.543
Japanese yen JPY 11.385 11.379
Special
Drawing Rights
SDR 1630.344 1629.529

Indicative rates – 10.19.2016

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!!

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Posted in Daily Dinar Updates | Tagged , , , , , , , , , , , , , , , , , , , | Comments Off on Dinar Daily NEWS Blog – October 19th

Dinar Daily NEWS Blog – October 18th

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 10-18-16 (most recent listing)

Currency Auctions Announcement No. 3299

This daily currency auction was held in the Central Bank of Iraq on the 10-18-2016

The results were as follows:

DETAILS NOTES
Number of banks 32
Number of remittance companies 14
Auction price selling dinar / US$ 1182
Auction price buying dinar / US$ —–
Amount sold at auction price (US$) 152,798,732
Amount purchased at Auction price (US$) —–
Total offers for buying (US$) 152,798,732
Total offers for selling (US$) —–

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

It’s not the size of the dog in the fight, it’s the size of the fight in the dog. – Mark Twain

*** Current News ***

BGG (Dinar Guru) –    So – the HUGE NEWS…Mosul liberation is UNDERWAY…that is a biggie...and with the UST setting up shop in the CBI – it’s the end of the “monkey business”…the investment laws are important… the one on the books for Monday (PFM)…etc, etc, are key…

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

big-news-a

Follow us on twitter @DinarUpdates !!

follow Dinar Updates on twitterDon’t MISS – “DU NEWS TIME” w/RCookie, Hutch & Mr White – October 18 7:30pm EST – In the CHAT ROOM!!

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Kaperoni (Dinar Guru) –   Article:  “Abadi announce the start of the battle of Mosul and calls for people to cooperate in order to end the battle quickly”   Clearly good news..  Let’s get it done.

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

big-news

BGG (Dinar Guru) –  [says @ 7:04 p.m. central time]  It’s 3:03 AM in Kurdistan – It is being reported the attack to free Mosul is NOW UNDERWAY…Right now…   […this is a very big deal for the stability in Iraq does it help to bring about an RV?]  BIG – BIG – BIG deal…  I really think this is one of the “Core issues” the IMF/WB/UN wanted handled.  [When do you think Battle for Mosul will be over?]   part of me wants to think it will go quick – but who knows?

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

Sources in the government of Kurdistan: the attack on Mosul begins at dawn on Monday

9b33b3387cf7dbf6a8f42588be6d45fe_s

BAGHDAD / Baghdadi Uz..khevc sources in the Kurdistan Regional Government, said on Monday that the attack on the city of Mosul to recover it from the control of the terrorist Daesh will start at dawn on Monday.

The sources told / Baghdadi News / “The zero hour for the battle to liberate Mosul has been determined, and that the attack would begin at dawn on Monday.”

“The US-led international coalition forces began intensive aerial bombardment on the city of Mosul, just before the big battle, which is the largest military operation taking place in Iraq since the US invasion in 2003″.

In this context, the Iraqi federal police command announced that its troops were stationed at the base in Qayyarah positions, awaiting the start of the battle.

It will take part in the operation army forces and formations of the Federal police and rapid response forces and the Peshmerga as well as some support groups to Aovernmh.anthy 21 / d

albaghdadianews.com

______________________________________________________________

The central bank project to delete the zeros will be implemented in early 2017

The governor of the Iraqi Central Bank, on Thursday, said the project to delete the zeros will be implemented in early 2017, indicating that the bank began to develop the first steps of the project.

Keywords and said that ” the goal of deleting three zeros from the Iraqi currency is to support the Iraqi dinar and make it a competitor of foreign currency,” returned him as “that strategic project will serve the country ‘s economy.”

he added that ” the Bank is working on the mechanisms in place towards the implementation of this project is expected to commence by the beginning of 2017 , ” noting that ” the central bank began the first steps of the project through the selection of designs, companies and the country that will be done Print currencies. ”

He noted that” the introduction of new currency does not mean the destruction of ancient coins , but it will continue to trade to about ten years , “pointing out that” this period will enable the central bank to withdraw the old currency in accordance with the mechanics will maintain market liquidity. ”

Finance Committee and was in former House revealed, (2013 August 15), the postponement of the process of removing zeros from the currency until after the next parliamentary elections, while confirming that the government is demanding guarantees for non – substituent currency back to the markets and forge.

the Central Bank of Iraq confirmed, in the (April 25, 2013 ), that there is no intention at the moment to restructure the currency and delete the three zeroes of them, denying the reports in this regard. it is

noteworthy that the General Secretariat of the Council of Ministers announced (April 12, 2012), for the patient in the application process of deletion of zeros from the national currency, which had to be stop all procedures related to the transaction mentioned until further notice. It is

noteworthy that some economists believe that Iraq is not formatted for the time being to delete the zeros from the dinar, pointing out that the deletion needs to be a security and political stability as well as economic stability.

www.ina-iraq.net

New crisis ridden inside Dawa party … great mobility to dislodge al-Maliki

6316ba61bdb2121e50239cad05ec3eb8

Orbit News – A new crisis within the Dawa Party portend a new division inside it exploded, unless efforts succeeded where the leaders of the overthrow of its leader Nuri al-Maliki, after a poll recently conducted for the popularity of the ruling party dropped sharply, in favor of other parties, notably the Sadrist movement detection.

The prominent leaders of the Dawa Party in a press statement, a large movement to dislodge the al – Maliki on the interface, the center of support from the branches of the party in the southern and central provinces, and silence, as a B, by the Prime Minister Haider al – Abadi, who preferred watching this movement instead of confrontation directly with al – Maliki.

a senior leader of the ‘call’, on the sidelines with a high – level Iraqi delegation at the World energy Conference , which concluded in Istanbul yesterday, said that ‘ a meeting of leaders of the Dawa Party in the city of Karbala and in the presence of scientific personalities and academic close party, finally discussed the need for the removal of Maliki ‘s party interface, and the election of another figure before the start of the race ‘.

The leader, that ‘the idea put forward after a poll conducted by the views of the center and display the results finally showed the unpopularity of the Dawa Party, to their lowest level since 2003, and by 20 per cent, after scoring in a similar poll in 2008, 59 per cent’.

He added that ‘the street carrying the party, serving as prime minister 10 years ago, is responsible for the current situation and causing the collapse of security, economic and growing corruption, sectarianism and growing into the street and the super-rich for its members.’ But he said, ‘certainly answers some harsh and unfair to the party, but this is what he sees as the street now, and it became necessary to make a change and revision in the party before its collapse completely ahead of the elections. ”

He pointed to the leadership, that ‘the risk increases more with the insistence of various political blocs to replace the High Election Commission Bmahabadtha known of the Dawa party.’

almadarnews.info

______________________________________________________________

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______________________________________________________________

Auction Central Bank .. port of corruption or the balance of the market?

untitled

[Special Oan-] Report: Raghad Daham – auction currency of the Central Bank of Iraq, the word accompanied by suspicions of corruption and money laundering and the smuggling of dollars abroad.

Opinions vary about these “charges” where specialists believe that it is important to achieve a foreign currency balance and the exchange rate with the provision of liquidity of foreign exchange to cover import of goods and trade process.

He says general manager of banking and credit control in the bank Ihsan Shomran Yasiri, that “more than 90% of sales The central bank is through dependencies documentary universally used and either direct sales through the sale of foreign currency window of a few to sustain the economy and inject the dollar to trade. ”

He adds, that” the monetary reserves of the Central Bank of Iraq from foreign currency of up to $ 50 billion , which is quite normal number with a country that is going through since three years a large deficit in the state , “stressing that” these foreign reserves are , according to the international Monetary Fund on the safe side. ”

and the dollar exchange rate , which sells central bank Goods banking and domestic market, Yasiri teams, said that” the bank sells the dollar in 1200 dinars, and the parallel to him in the domestic market more than that, but keep the difference is not, but very reasonable and that the bank defends the difficulty to maintain it , “adding,” the Central Bank is financing large deficits in the state budget. ”

often revive economic mafias under the absence of follow – up and strict laws and obsolescence of the banking system and mechanisms to follow up the circulation and transfer of cash, and this is the case with Iraq, especially since the integrity Commission has recently announced increasing cases of banking fraud and the theft of billions of dinars from the state – owned banks by check without balance complicity of some officers.
and are frequently private and private banks supportive partner important in promoting economic sector and provide employment opportunities through its support for special projects or government, but it seems that this breaks down in Iraq , where the faces of these banks are other corruption charges benefiting from the auction currency , central bank described as “shops” to sell the dollar against the dinar taking advantage of teams exchange rate.

saw the dollar for nearly two weeks , up against the dinar , where sometimes exceeds 1300 dinars to the dollar, in local markets.

Finance Committee in the House of Representatives and attributed this rise to the central bank ‘s policy, he said in a statement that the “fall of the dinar exchange rate against the dollar caused the central bank made for some private banks and not others in an auction sale of the currency and the weakness in monitoring the performance of these banks. ”
and demanded that ” the Central Bank of the need to adjust the trading currency auction and evaluation of private banks performance , “indicating that” official data and statistics affirm provide some private banks purchase invoices is true in currency auction “revealing” its intention to form a fact – finding committee to find out the reasons for the high exchange rate in the markets, and monitor the performance of the central bank auction of currency and checking the seriousness of their actions that tainted many question marks, and put an end to the mafias market and some currency traders control the price of the dinar Iraq exchange ” .

For their part , revealed judges specialize money laundering issues that “millions of dollars were smuggled out of the country by traders and bankers and fictitious companies and money transfer.”

known Iyad Muhsin ligature magistrate money laundering this crime as “legitimize the funds of illicit origin, to make them look in the legitimate use of several methods of image , “pointing out that”. of these methods to carry out import fake and convertibility of the dollar abroad and the use of other people , ” said the parliamentary Finance Committee member Jabbar al – Abadi’s [where] that” the parliamentary Finance Committee is determined to introduce new legislation through coming days regulate private banks and windows sell the currency in the country and dominate the market work , “stressing that” this legislation will include the banking business in the country and private investment in this regard. ”

according to observers, the banking sector in Iraq is witnessing a noticeable decline through economic assurances to lower the cash reserve of the Central Iraq, as well as variation sell hard currency, prompting the House of Representatives and economic experts claim the Iraqi government to monitor auctions sell the currency on the one hand, and the introduction of hard currency into the country by activating the work of border crossings and customs tariffs and inventory to deal in hard currency with the other hand.
as stressed member of the Committee Sarhan Ahmed told [where] “the need to control the exchange rate of the Iraqi dinar against the dollar, by maintaining a reserve of hard currency , ” stressing that ” the central bank has no plans to raise the value of the dinar against the dollar, and the rise of the dinar rate based on bank reserves Central of hard currency and the non – oil and oil revenues coming into the country. ”

He pointed out that” the legislative track and other issues have a direct impact on the exchange rate, which calls for preservation of the Iraqi dinar exchange rate and maintain a reserve of hard currency. ”

in what Prime revealed Haider al – Abadi minister “reduce the amount of the deficit in the budget for fiscal 2017 from 32 trillion dinars to 15 Trliuna.” Within the government ‘s plans to pressure government spending.

And the role of the judiciary competent in the fight against financial corruption and the courts , said the dead of integrity and money laundering Radi Fartusi in a press statement the judge, that “our courts to deal very seriously with this kind of issues and resolving many of them , ” he said , adding that ” the delay in resolving the some of the lawsuit is for reasons not related to the elimination of including non – completion of the administrative investigation of the relevant authorities. ”

He criticized the ” lack of identifying stakeholders purchased for amounts by private banks when conducting the administrative investigation, as well as the amount of damage achieved as a result of money laundering. ”

also complained Fartusi not . ” check those actors permits and invoices submitted by the banks and customers before their participation in the foreign currency auction. ”
One of the strange cases before the judiciary, Fartusi said that” a young man of only 25 years , which recharged his account of $ 10 million and although it works taxi driver and after checking with the show that interface you used one of those for the purpose of laundering the funds and turn them out of Iraq. ”

it is said that the CBI, in its daily auction amounts of dollar sometimes exceed 130 million mostly alcohols and is priced at 1182 dinars to the dollar.

alliraqnews.com

______________________________________________________________

Zebari threatens Nuri al-Maliki, the International Criminal Court


Free Event / S.o .. Source confirmed early Saturday that the “Iraqi Minister of Finance article, Hoshyar Zebari, was confident of his chances even after two days of voting before within the Iraqi parliament, which ended withdraw confidence from the majority, during a session that saw the second time within a month and a half by secret vote.”

The source revealed that “Hoshyar Zebari was confident almost absolute that strong position in parliament for more than one reason, including the fact that there are US pressure exerted during the days leading up to the process of withdrawal of confidence, has the bulk of which US ambassador in Baghdad, Douglas Silliman, in addition to that Zebari was busy with disputes with the World Bank for the purpose of lending to Iraq, there are implicit threats to shut down the possibility of negotiations in the case has the process of withdrawal of confidence. ”

Adding that “the Iraqi prime minister, Haidar al-Abbadi, was eager to stay Zebari in office, both because of the importance of negotiations with the World Bank, which could be affected in the case was dismissed Zebari, which has already been, where stalled negotiations now with the World Bank, or in terms that Abadi Pat believes that the withdrawal of confidence-building measures that stand behind it (the reform front) in the parliament, which is dominated by the leader of a coalition of state law, Nuri al-Maliki, aims eventually to overthrow his government by crawling on the sovereign ministries, which began at the Ministry of defense and Finance, and then foreign , at the time still the Interior Ministry vacant since the resignation of its minister in the month of July last after the Karrada area of ​​Baghdad bombings. ”

Political Kurdish Abizaid that “after a secret vote, which ended with the withdrawal of confidence from Zebari, got developments, notably that Zebari, who had received a pledge from al-Maliki not to withdraw confidence from him, made an angry phone call to the last, blaming him of responsibility, and addressed him by his first name, She threatened him by referring it to the international Court at the files and documents owned by, and carry them with him to Arbil, which returned on the same day of the dismissal, after being asked by the President of the Kurdistan region, Massoud Barzani, to return to Arbil. ”

He continued that “what he sees Zebari that the withdrawal of confidence from it can not get out of being a conspiracy targeted personally targeted as well as the President of the Kurdistan Region, and Democratic Party leader, Massoud Barzani, and therefore it will not be silent about it by moving the files are already built submission of the International Criminal Court so much politicians, activists and men of human rights in Iraq. ”

With regard to the inability of the Iraqi judiciary on Maliki accounting, political Kurdish saw that “the recent decision of the Federal Court annul the decision of Prime Minister, Haider al-Abadi, the abolition of the post of vice-president indicates that al-Maliki still has the ability to influence the judiciary, because the re-Vice-Presidents shall blow new-oriented Ebadi and his reforms, although Abadi decision also finds legal experts, it was not a constitutional principle, but it was the Federal Court could decide the matter at its first session, while kept procrastinating over the years to finally say that the decision is unconstitutional. ”

Explaining that “this means that al-Maliki still has a lot of pressure on the judiciary, particularly the head of the judiciary, Medhat al-Mahmoud, the issuance of this decision at this time for Maliki needs him in the face of his opponent Abadi, who is seeking to win the battle for Mosul, Iraq had been lost in favor of organizing Daesh during the reign of al-Maliki, which means that al-Maliki will return to the barricaded behind the vice president for the preparation of the equipment to start Tsagit Abadi stage by ridiculing his reforms, given that the decision to abolish the post of vice-president was the most prominent in, which showed Abadi on time champion and the owner’s decision, which removes the three top political leaders at the stroke of a pen, they Nuri al-Maliki and Iyad Allawi and Osama Najafi, to clear after a year that this decision is a sound constitutional, and worse than that Abadi, who is himself has succeeded in reducing government spending file, you will pay and retroactive salaries and allowances of the vice President of empty budget “.

https://www.facebook.com/groups/571383766355188/permalink/687675594726004/

______________________________________________________________

Iraq:

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

06192016loi

______________________________________________________________

CURRENCY CODE SELL BUY
US dollar USD 1182.000 1180.000
Euro EUR 1299.491 1298.841
British pound GBP 1437.548 1436.830
Canadian dollar CAD 899.680 899.230
Swiss franc CHF 1195.147 1194.549
Swedish krona SEK 133.892 133.825
Norwegian krone NOK 143.885 143.813
Danish krone DKK 174.663 174.576
Japanese yen JPY 11.344 11.338
Special
Drawing Rights
SDR 1627.697 1626.883

Indicative rates – 10.18.2016

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!!

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Dinar Daily NEWS Blog – October 17th

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 10-17-16 (most recent listing)

Currency Auctions Announcement No. 3298

This daily currency auction was held in the Central Bank of Iraq on the 10-17-2016

The results were as follows:

DETAILS NOTES
Number of banks 34
Number of remittance companies 14
Auction price selling dinar / US$ 1182
Auction price buying dinar / US$ —–
Amount sold at auction price (US$) 157,275,597
Amount purchased at Auction price (US$) —–
Total offers for buying (US$) 157,275,597
Total offers for selling (US$) —–

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

True Terror Is to Wake up One Morning and Discover That Your High School Class Is Running the Country – Kurt Vonnegut

*** Current News ***

BGG (Dinar Guru) –    So – the HUGE NEWS…Mosul liberation is UNDERWAY…that is a biggie...and with the UST setting up shop in the CBI – it’s the end of the “monkey business”…the investment laws are important… the one on the books for Monday (PFM)…etc, etc, are key…

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

big-news-a

Follow us on twitter @DinarUpdates !!

follow Dinar Updates on twitterDon’t MISS – “DU NEWS TIME” w/RCookie, Hutch & Mr White – October 18 7:30pm EST – In the CHAT ROOM!!

www.DinarUpdates.com – save as favorite

Kaperoni (Dinar Guru) –   Article:  “Abadi announce the start of the battle of Mosul and calls for people to cooperate in order to end the battle quickly”   Clearly good news..  Let’s get it done.

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

big-news

BGG (Dinar Guru) –  [says @ 7:04 p.m. central time]  It’s 3:03 AM in Kurdistan – It is being reported the attack to free Mosul is NOW UNDERWAY…Right now…   […this is a very big deal for the stability in Iraq does it help to bring about an RV?]  BIG – BIG – BIG deal…  I really think this is one of the “Core issues” the IMF/WB/UN wanted handled.  [When do you think Battle for Mosul will be over?]   part of me wants to think it will go quick – but who knows?

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

Sources in the government of Kurdistan: the attack on Mosul begins at dawn on Monday

9b33b3387cf7dbf6a8f42588be6d45fe_s

BAGHDAD / Baghdadi Uz..khevc sources in the Kurdistan Regional Government, said on Monday that the attack on the city of Mosul to recover it from the control of the terrorist Daesh will start at dawn on Monday.

The sources told / Baghdadi News / “The zero hour for the battle to liberate Mosul has been determined, and that the attack would begin at dawn on Monday.”

“The US-led international coalition forces began intensive aerial bombardment on the city of Mosul, just before the big battle, which is the largest military operation taking place in Iraq since the US invasion in 2003″.

In this context, the Iraqi federal police command announced that its troops were stationed at the base in Qayyarah positions, awaiting the start of the battle.

It will take part in the operation army forces and formations of the Federal police and rapid response forces and the Peshmerga as well as some support groups to Aovernmh.anthy 21 / d

albaghdadianews.com

______________________________________________________________

The central bank project to delete the zeros will be implemented in early 2017

The governor of the Iraqi Central Bank, on Thursday, said the project to delete the zeros will be implemented in early 2017, indicating that the bank began to develop the first steps of the project.

Keywords and said that ” the goal of deleting three zeros from the Iraqi currency is to support the Iraqi dinar and make it a competitor of foreign currency,” returned him as “that strategic project will serve the country ‘s economy.”

he added that ” the Bank is working on the mechanisms in place towards the implementation of this project is expected to commence by the beginning of 2017 , ” noting that ” the central bank began the first steps of the project through the selection of designs, companies and the country that will be done Print currencies. ”

He noted that” the introduction of new currency does not mean the destruction of ancient coins , but it will continue to trade to about ten years , “pointing out that” this period will enable the central bank to withdraw the old currency in accordance with the mechanics will maintain market liquidity. ”

Finance Committee and was in former House revealed, (2013 August 15), the postponement of the process of removing zeros from the currency until after the next parliamentary elections, while confirming that the government is demanding guarantees for non – substituent currency back to the markets and forge.

the Central Bank of Iraq confirmed, in the (April 25, 2013 ), that there is no intention at the moment to restructure the currency and delete the three zeroes of them, denying the reports in this regard. it is

noteworthy that the General Secretariat of the Council of Ministers announced (April 12, 2012), for the patient in the application process of deletion of zeros from the national currency, which had to be stop all procedures related to the transaction mentioned until further notice. It is

noteworthy that some economists believe that Iraq is not formatted for the time being to delete the zeros from the dinar, pointing out that the deletion needs to be a security and political stability as well as economic stability.

www.ina-iraq.net

New crisis ridden inside Dawa party … great mobility to dislodge al-Maliki

6316ba61bdb2121e50239cad05ec3eb8

Orbit News – A new crisis within the Dawa Party portend a new division inside it exploded, unless efforts succeeded where the leaders of the overthrow of its leader Nuri al-Maliki, after a poll recently conducted for the popularity of the ruling party dropped sharply, in favor of other parties, notably the Sadrist movement detection.

The prominent leaders of the Dawa Party in a press statement, a large movement to dislodge the al – Maliki on the interface, the center of support from the branches of the party in the southern and central provinces, and silence, as a B, by the Prime Minister Haider al – Abadi, who preferred watching this movement instead of confrontation directly with al – Maliki.

a senior leader of the ‘call’, on the sidelines with a high – level Iraqi delegation at the World energy Conference , which concluded in Istanbul yesterday, said that ‘ a meeting of leaders of the Dawa Party in the city of Karbala and in the presence of scientific personalities and academic close party, finally discussed the need for the removal of Maliki ‘s party interface, and the election of another figure before the start of the race ‘.

The leader, that ‘the idea put forward after a poll conducted by the views of the center and display the results finally showed the unpopularity of the Dawa Party, to their lowest level since 2003, and by 20 per cent, after scoring in a similar poll in 2008, 59 per cent’.

He added that ‘the street carrying the party, serving as prime minister 10 years ago, is responsible for the current situation and causing the collapse of security, economic and growing corruption, sectarianism and growing into the street and the super-rich for its members.’ But he said, ‘certainly answers some harsh and unfair to the party, but this is what he sees as the street now, and it became necessary to make a change and revision in the party before its collapse completely ahead of the elections. ”

He pointed to the leadership, that ‘the risk increases more with the insistence of various political blocs to replace the High Election Commission Bmahabadtha known of the Dawa party.’

almadarnews.info

______________________________________________________________

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

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!!)
______________________________________________________________

Auction Central Bank .. port of corruption or the balance of the market?

untitled

[Special Oan-] Report: Raghad Daham – auction currency of the Central Bank of Iraq, the word accompanied by suspicions of corruption and money laundering and the smuggling of dollars abroad.

Opinions vary about these “charges” where specialists believe that it is important to achieve a foreign currency balance and the exchange rate with the provision of liquidity of foreign exchange to cover import of goods and trade process.

He says general manager of banking and credit control in the bank Ihsan Shomran Yasiri, that “more than 90% of sales The central bank is through dependencies documentary universally used and either direct sales through the sale of foreign currency window of a few to sustain the economy and inject the dollar to trade. ”

He adds, that” the monetary reserves of the Central Bank of Iraq from foreign currency of up to $ 50 billion , which is quite normal number with a country that is going through since three years a large deficit in the state , “stressing that” these foreign reserves are , according to the international Monetary Fund on the safe side. ”

and the dollar exchange rate , which sells central bank Goods banking and domestic market, Yasiri teams, said that” the bank sells the dollar in 1200 dinars, and the parallel to him in the domestic market more than that, but keep the difference is not, but very reasonable and that the bank defends the difficulty to maintain it , “adding,” the Central Bank is financing large deficits in the state budget. ”

often revive economic mafias under the absence of follow – up and strict laws and obsolescence of the banking system and mechanisms to follow up the circulation and transfer of cash, and this is the case with Iraq, especially since the integrity Commission has recently announced increasing cases of banking fraud and the theft of billions of dinars from the state – owned banks by check without balance complicity of some officers.
and are frequently private and private banks supportive partner important in promoting economic sector and provide employment opportunities through its support for special projects or government, but it seems that this breaks down in Iraq , where the faces of these banks are other corruption charges benefiting from the auction currency , central bank described as “shops” to sell the dollar against the dinar taking advantage of teams exchange rate.

saw the dollar for nearly two weeks , up against the dinar , where sometimes exceeds 1300 dinars to the dollar, in local markets.

Finance Committee in the House of Representatives and attributed this rise to the central bank ‘s policy, he said in a statement that the “fall of the dinar exchange rate against the dollar caused the central bank made for some private banks and not others in an auction sale of the currency and the weakness in monitoring the performance of these banks. ”
and demanded that ” the Central Bank of the need to adjust the trading currency auction and evaluation of private banks performance , “indicating that” official data and statistics affirm provide some private banks purchase invoices is true in currency auction “revealing” its intention to form a fact – finding committee to find out the reasons for the high exchange rate in the markets, and monitor the performance of the central bank auction of currency and checking the seriousness of their actions that tainted many question marks, and put an end to the mafias market and some currency traders control the price of the dinar Iraq exchange ” .

For their part , revealed judges specialize money laundering issues that “millions of dollars were smuggled out of the country by traders and bankers and fictitious companies and money transfer.”

known Iyad Muhsin ligature magistrate money laundering this crime as “legitimize the funds of illicit origin, to make them look in the legitimate use of several methods of image , “pointing out that”. of these methods to carry out import fake and convertibility of the dollar abroad and the use of other people , ” said the parliamentary Finance Committee member Jabbar al – Abadi’s [where] that” the parliamentary Finance Committee is determined to introduce new legislation through coming days regulate private banks and windows sell the currency in the country and dominate the market work , “stressing that” this legislation will include the banking business in the country and private investment in this regard. ”

according to observers, the banking sector in Iraq is witnessing a noticeable decline through economic assurances to lower the cash reserve of the Central Iraq, as well as variation sell hard currency, prompting the House of Representatives and economic experts claim the Iraqi government to monitor auctions sell the currency on the one hand, and the introduction of hard currency into the country by activating the work of border crossings and customs tariffs and inventory to deal in hard currency with the other hand.
as stressed member of the Committee Sarhan Ahmed told [where] “the need to control the exchange rate of the Iraqi dinar against the dollar, by maintaining a reserve of hard currency , ” stressing that ” the central bank has no plans to raise the value of the dinar against the dollar, and the rise of the dinar rate based on bank reserves Central of hard currency and the non – oil and oil revenues coming into the country. ”

He pointed out that” the legislative track and other issues have a direct impact on the exchange rate, which calls for preservation of the Iraqi dinar exchange rate and maintain a reserve of hard currency. ”

in what Prime revealed Haider al – Abadi minister “reduce the amount of the deficit in the budget for fiscal 2017 from 32 trillion dinars to 15 Trliuna.” Within the government ‘s plans to pressure government spending.

And the role of the judiciary competent in the fight against financial corruption and the courts , said the dead of integrity and money laundering Radi Fartusi in a press statement the judge, that “our courts to deal very seriously with this kind of issues and resolving many of them , ” he said , adding that ” the delay in resolving the some of the lawsuit is for reasons not related to the elimination of including non – completion of the administrative investigation of the relevant authorities. ”

He criticized the ” lack of identifying stakeholders purchased for amounts by private banks when conducting the administrative investigation, as well as the amount of damage achieved as a result of money laundering. ”

also complained Fartusi not . ” check those actors permits and invoices submitted by the banks and customers before their participation in the foreign currency auction. ”
One of the strange cases before the judiciary, Fartusi said that” a young man of only 25 years , which recharged his account of $ 10 million and although it works taxi driver and after checking with the show that interface you used one of those for the purpose of laundering the funds and turn them out of Iraq. ”

it is said that the CBI, in its daily auction amounts of dollar sometimes exceed 130 million mostly alcohols and is priced at 1182 dinars to the dollar.

alliraqnews.com

______________________________________________________________

Zebari threatens Nuri al-Maliki, the International Criminal Court


Free Event / S.o .. Source confirmed early Saturday that the “Iraqi Minister of Finance article, Hoshyar Zebari, was confident of his chances even after two days of voting before within the Iraqi parliament, which ended withdraw confidence from the majority, during a session that saw the second time within a month and a half by secret vote.”

The source revealed that “Hoshyar Zebari was confident almost absolute that strong position in parliament for more than one reason, including the fact that there are US pressure exerted during the days leading up to the process of withdrawal of confidence, has the bulk of which US ambassador in Baghdad, Douglas Silliman, in addition to that Zebari was busy with disputes with the World Bank for the purpose of lending to Iraq, there are implicit threats to shut down the possibility of negotiations in the case has the process of withdrawal of confidence. ”

Adding that “the Iraqi prime minister, Haidar al-Abbadi, was eager to stay Zebari in office, both because of the importance of negotiations with the World Bank, which could be affected in the case was dismissed Zebari, which has already been, where stalled negotiations now with the World Bank, or in terms that Abadi Pat believes that the withdrawal of confidence-building measures that stand behind it (the reform front) in the parliament, which is dominated by the leader of a coalition of state law, Nuri al-Maliki, aims eventually to overthrow his government by crawling on the sovereign ministries, which began at the Ministry of defense and Finance, and then foreign , at the time still the Interior Ministry vacant since the resignation of its minister in the month of July last after the Karrada area of ​​Baghdad bombings. ”

Political Kurdish Abizaid that “after a secret vote, which ended with the withdrawal of confidence from Zebari, got developments, notably that Zebari, who had received a pledge from al-Maliki not to withdraw confidence from him, made an angry phone call to the last, blaming him of responsibility, and addressed him by his first name, She threatened him by referring it to the international Court at the files and documents owned by, and carry them with him to Arbil, which returned on the same day of the dismissal, after being asked by the President of the Kurdistan region, Massoud Barzani, to return to Arbil. ”

He continued that “what he sees Zebari that the withdrawal of confidence from it can not get out of being a conspiracy targeted personally targeted as well as the President of the Kurdistan Region, and Democratic Party leader, Massoud Barzani, and therefore it will not be silent about it by moving the files are already built submission of the International Criminal Court so much politicians, activists and men of human rights in Iraq. ”

With regard to the inability of the Iraqi judiciary on Maliki accounting, political Kurdish saw that “the recent decision of the Federal Court annul the decision of Prime Minister, Haider al-Abadi, the abolition of the post of vice-president indicates that al-Maliki still has the ability to influence the judiciary, because the re-Vice-Presidents shall blow new-oriented Ebadi and his reforms, although Abadi decision also finds legal experts, it was not a constitutional principle, but it was the Federal Court could decide the matter at its first session, while kept procrastinating over the years to finally say that the decision is unconstitutional. ”

Explaining that “this means that al-Maliki still has a lot of pressure on the judiciary, particularly the head of the judiciary, Medhat al-Mahmoud, the issuance of this decision at this time for Maliki needs him in the face of his opponent Abadi, who is seeking to win the battle for Mosul, Iraq had been lost in favor of organizing Daesh during the reign of al-Maliki, which means that al-Maliki will return to the barricaded behind the vice president for the preparation of the equipment to start Tsagit Abadi stage by ridiculing his reforms, given that the decision to abolish the post of vice-president was the most prominent in, which showed Abadi on time champion and the owner’s decision, which removes the three top political leaders at the stroke of a pen, they Nuri al-Maliki and Iyad Allawi and Osama Najafi, to clear after a year that this decision is a sound constitutional, and worse than that Abadi, who is himself has succeeded in reducing government spending file, you will pay and retroactive salaries and allowances of the vice President of empty budget “.

https://www.facebook.com/groups/571383766355188/permalink/687675594726004/

______________________________________________________________

Iraq:

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

06192016loi

______________________________________________________________

CURRENCY CODE SELL BUY
US dollar USD 1182.000 1180.000
Euro EUR 1300.436 1299.786
British pound GBP 1446.177 1445.454
Canadian dollar CAD 897.631 897.182
Swiss franc CHF 1194.905 1194.308
Swedish krona SEK 134.108 134.041
Norwegian krone NOK 144.095 144.023
Danish krone DKK 174.795 174.708
Japanese yen JPY 11.385 11.379
Special
Drawing Rights
SDR 1629.552 1628.738


Indicative rates – 10.17.2016

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!!

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Posted in Daily Dinar Updates | Tagged , , , , , , , , , , , , , , , | Comments Off on Dinar Daily NEWS Blog – October 17th

Dinar Daily NEWS Blog – October 16th

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 10-16-16 (most recent listing)

Currency Auctions Announcement No. 3297

This daily currency auction was held in the Central Bank of Iraq on the 10-16-2016

The results were as follows:

DETAILS NOTES
Number of banks 31
Number of remittance companies 14
Auction price selling dinar / US$ 1182
Auction price buying dinar / US$ —–
Amount sold at auction price (US$) 151,722,800
Amount purchased at Auction price (US$) —–
Total offers for buying (US$) 151,722,800
Total offers for selling (US$) —–

More: http://dinarupdates.com/observer/
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The truth is often not very complicated. What gets complex is evading the truth. – Thomas Sowell

*** Current News ***

big-news-a

Follow us on twitter @DinarUpdates !!

follow Dinar Updates on twitterDon’t MISS – “DU NEWS TIME” w/BGG & Co. – October 16 7:30pm EST – In the CHAT ROOM!!

www.DinarUpdates.com – save as favorite

rcookie (Dinar Guru) –     [Is your opinion has the Mosul battle began?]  YES…THERE ARE REPORTS OF IT IN INK THIS MORNING…   Articles:  “Iraqi army drops leaflets over Mosul in preparation for a military operation“;   “Elite Forces” announces full readiness to break into Mosul“;   “Army Air destroys the headquarters and stores of weapons to Daesh area Aloossiat Mosul

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

big-news

Hutch (Dinar Guru) –   Article:  “The central bank project to delete the zeros will be implemented in early 2017″   Quote:  “…he added that “the Bank is working on the mechanisms in place towards the implementation of this project is expected to commence by the beginning of 2017…”  I used to hate to see those articles! But look now and see that budgets are now executable, laws are in place, a new CoM will be seated soon, They are now on the whitelist, UST is in the house…etc

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

Sources in the government of Kurdistan: the attack on Mosul begins at dawn on Monday

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BAGHDAD / Baghdadi Uz..khevc sources in the Kurdistan Regional Government, said on Monday that the attack on the city of Mosul to recover it from the control of the terrorist Daesh will start at dawn on Monday.

The sources told / Baghdadi News / “The zero hour for the battle to liberate Mosul has been determined, and that the attack would begin at dawn on Monday.”

“The US-led international coalition forces began intensive aerial bombardment on the city of Mosul, just before the big battle, which is the largest military operation taking place in Iraq since the US invasion in 2003″.

In this context, the Iraqi federal police command announced that its troops were stationed at the base in Qayyarah positions, awaiting the start of the battle.

It will take part in the operation army forces and formations of the Federal police and rapid response forces and the Peshmerga as well as some support groups to Aovernmh.anthy 21 / d

albaghdadianews.com

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rcookie (Dinar Guru) –    INSERT NEW PUBLIC FINANCIAL MANAGEMENT LAW HERE.  [THE PFM IS A BIGGIE.]  YES IT IS…AND ON THE TABLE FOR READING AND VOTE UPON PARLIAMENTS RETURN…PFM HAS MORE TO DO WITH THE MICROMANAGEMENT OF DEVELOPMENT FUNDING PROJECTS AND ASSURING THE PAST ECONOMIC TAMPERING AND WASTE OF PUBLIC FUNDS OF ALLOCATED MONIES EARMARKED FOR THESE PROJECTS...IT’S AN END TO THE TOXIC SYSTEMIC FAILURES…THAT HAVE LEFT THE CITIZENS WANTING FOR ESSENTIAL SERVICES AND ECONOMIC DEVELOPMENT.   THOSE ESSENTIAL SERVICES AND INFRASTRUCTURE IMPROVEMENTS WILL EMOTE STABILITY AND CONFIDENCE IN THE INT’L INVESTMENT COMMUNITY…IT WILL ALSO IMPROVE THEIR WB “EASE OF DOING BUSINESS SCORES AND RANKINGS”

Read More: http://www.dinarupdates.com/observer/
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The central bank project to delete the zeros will be implemented in early 2017

The governor of the Iraqi Central Bank, on Thursday, said the project to delete the zeros will be implemented in early 2017, indicating that the bank began to develop the first steps of the project.

Keywords and said that ” the goal of deleting three zeros from the Iraqi currency is to support the Iraqi dinar and make it a competitor of foreign currency,” returned him as “that strategic project will serve the country ‘s economy.”

he added that ” the Bank is working on the mechanisms in place towards the implementation of this project is expected to commence by the beginning of 2017 , ” noting that ” the central bank began the first steps of the project through the selection of designs, companies and the country that will be done Print currencies. ”

He noted that” the introduction of new currency does not mean the destruction of ancient coins , but it will continue to trade to about ten years , “pointing out that” this period will enable the central bank to withdraw the old currency in accordance with the mechanics will maintain market liquidity. ”

Finance Committee and was in former House revealed, (2013 August 15), the postponement of the process of removing zeros from the currency until after the next parliamentary elections, while confirming that the government is demanding guarantees for non – substituent currency back to the markets and forge.

the Central Bank of Iraq confirmed, in the (April 25, 2013 ), that there is no intention at the moment to restructure the currency and delete the three zeroes of them, denying the reports in this regard. it is

noteworthy that the General Secretariat of the Council of Ministers announced (April 12, 2012), for the patient in the application process of deletion of zeros from the national currency, which had to be stop all procedures related to the transaction mentioned until further notice. It is

noteworthy that some economists believe that Iraq is not formatted for the time being to delete the zeros from the dinar, pointing out that the deletion needs to be a security and political stability as well as economic stability.

www.ina-iraq.net

New crisis ridden inside Dawa party … great mobility to dislodge al-Maliki

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Orbit News – A new crisis within the Dawa Party portend a new division inside it exploded, unless efforts succeeded where the leaders of the overthrow of its leader Nuri al-Maliki, after a poll recently conducted for the popularity of the ruling party dropped sharply, in favor of other parties, notably the Sadrist movement detection.

The prominent leaders of the Dawa Party in a press statement, a large movement to dislodge the al – Maliki on the interface, the center of support from the branches of the party in the southern and central provinces, and silence, as a B, by the Prime Minister Haider al – Abadi, who preferred watching this movement instead of confrontation directly with al – Maliki.

a senior leader of the ‘call’, on the sidelines with a high – level Iraqi delegation at the World energy Conference , which concluded in Istanbul yesterday, said that ‘ a meeting of leaders of the Dawa Party in the city of Karbala and in the presence of scientific personalities and academic close party, finally discussed the need for the removal of Maliki ‘s party interface, and the election of another figure before the start of the race ‘.

The leader, that ‘the idea put forward after a poll conducted by the views of the center and display the results finally showed the unpopularity of the Dawa Party, to their lowest level since 2003, and by 20 per cent, after scoring in a similar poll in 2008, 59 per cent’.

He added that ‘the street carrying the party, serving as prime minister 10 years ago, is responsible for the current situation and causing the collapse of security, economic and growing corruption, sectarianism and growing into the street and the super-rich for its members.’ But he said, ‘certainly answers some harsh and unfair to the party, but this is what he sees as the street now, and it became necessary to make a change and revision in the party before its collapse completely ahead of the elections. ”

He pointed to the leadership, that ‘the risk increases more with the insistence of various political blocs to replace the High Election Commission Bmahabadtha known of the Dawa party.’

almadarnews.info

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Auction Central Bank .. port of corruption or the balance of the market?

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[Special Oan-] Report: Raghad Daham – auction currency of the Central Bank of Iraq, the word accompanied by suspicions of corruption and money laundering and the smuggling of dollars abroad.

Opinions vary about these “charges” where specialists believe that it is important to achieve a foreign currency balance and the exchange rate with the provision of liquidity of foreign exchange to cover import of goods and trade process.

He says general manager of banking and credit control in the bank Ihsan Shomran Yasiri, that “more than 90% of sales The central bank is through dependencies documentary universally used and either direct sales through the sale of foreign currency window of a few to sustain the economy and inject the dollar to trade. ”

He adds, that” the monetary reserves of the Central Bank of Iraq from foreign currency of up to $ 50 billion , which is quite normal number with a country that is going through since three years a large deficit in the state , “stressing that” these foreign reserves are , according to the international Monetary Fund on the safe side. ”

and the dollar exchange rate , which sells central bank Goods banking and domestic market, Yasiri teams, said that” the bank sells the dollar in 1200 dinars, and the parallel to him in the domestic market more than that, but keep the difference is not, but very reasonable and that the bank defends the difficulty to maintain it , “adding,” the Central Bank is financing large deficits in the state budget. ”

often revive economic mafias under the absence of follow – up and strict laws and obsolescence of the banking system and mechanisms to follow up the circulation and transfer of cash, and this is the case with Iraq, especially since the integrity Commission has recently announced increasing cases of banking fraud and the theft of billions of dinars from the state – owned banks by check without balance complicity of some officers.
and are frequently private and private banks supportive partner important in promoting economic sector and provide employment opportunities through its support for special projects or government, but it seems that this breaks down in Iraq , where the faces of these banks are other corruption charges benefiting from the auction currency , central bank described as “shops” to sell the dollar against the dinar taking advantage of teams exchange rate.

saw the dollar for nearly two weeks , up against the dinar , where sometimes exceeds 1300 dinars to the dollar, in local markets.

Finance Committee in the House of Representatives and attributed this rise to the central bank ‘s policy, he said in a statement that the “fall of the dinar exchange rate against the dollar caused the central bank made for some private banks and not others in an auction sale of the currency and the weakness in monitoring the performance of these banks. ”
and demanded that ” the Central Bank of the need to adjust the trading currency auction and evaluation of private banks performance , “indicating that” official data and statistics affirm provide some private banks purchase invoices is true in currency auction “revealing” its intention to form a fact – finding committee to find out the reasons for the high exchange rate in the markets, and monitor the performance of the central bank auction of currency and checking the seriousness of their actions that tainted many question marks, and put an end to the mafias market and some currency traders control the price of the dinar Iraq exchange ” .

For their part , revealed judges specialize money laundering issues that “millions of dollars were smuggled out of the country by traders and bankers and fictitious companies and money transfer.”

known Iyad Muhsin ligature magistrate money laundering this crime as “legitimize the funds of illicit origin, to make them look in the legitimate use of several methods of image , “pointing out that”. of these methods to carry out import fake and convertibility of the dollar abroad and the use of other people , ” said the parliamentary Finance Committee member Jabbar al – Abadi’s [where] that” the parliamentary Finance Committee is determined to introduce new legislation through coming days regulate private banks and windows sell the currency in the country and dominate the market work , “stressing that” this legislation will include the banking business in the country and private investment in this regard. ”

according to observers, the banking sector in Iraq is witnessing a noticeable decline through economic assurances to lower the cash reserve of the Central Iraq, as well as variation sell hard currency, prompting the House of Representatives and economic experts claim the Iraqi government to monitor auctions sell the currency on the one hand, and the introduction of hard currency into the country by activating the work of border crossings and customs tariffs and inventory to deal in hard currency with the other hand.
as stressed member of the Committee Sarhan Ahmed told [where] “the need to control the exchange rate of the Iraqi dinar against the dollar, by maintaining a reserve of hard currency , ” stressing that ” the central bank has no plans to raise the value of the dinar against the dollar, and the rise of the dinar rate based on bank reserves Central of hard currency and the non – oil and oil revenues coming into the country. ”

He pointed out that” the legislative track and other issues have a direct impact on the exchange rate, which calls for preservation of the Iraqi dinar exchange rate and maintain a reserve of hard currency. ”

in what Prime revealed Haider al – Abadi minister “reduce the amount of the deficit in the budget for fiscal 2017 from 32 trillion dinars to 15 Trliuna.” Within the government ‘s plans to pressure government spending.

And the role of the judiciary competent in the fight against financial corruption and the courts , said the dead of integrity and money laundering Radi Fartusi in a press statement the judge, that “our courts to deal very seriously with this kind of issues and resolving many of them , ” he said , adding that ” the delay in resolving the some of the lawsuit is for reasons not related to the elimination of including non – completion of the administrative investigation of the relevant authorities. ”

He criticized the ” lack of identifying stakeholders purchased for amounts by private banks when conducting the administrative investigation, as well as the amount of damage achieved as a result of money laundering. ”

also complained Fartusi not . ” check those actors permits and invoices submitted by the banks and customers before their participation in the foreign currency auction. ”
One of the strange cases before the judiciary, Fartusi said that” a young man of only 25 years , which recharged his account of $ 10 million and although it works taxi driver and after checking with the show that interface you used one of those for the purpose of laundering the funds and turn them out of Iraq. ”

it is said that the CBI, in its daily auction amounts of dollar sometimes exceed 130 million mostly alcohols and is priced at 1182 dinars to the dollar.

alliraqnews.com

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Zebari threatens Nuri al-Maliki, the International Criminal Court


Free Event / S.o .. Source confirmed early Saturday that the “Iraqi Minister of Finance article, Hoshyar Zebari, was confident of his chances even after two days of voting before within the Iraqi parliament, which ended withdraw confidence from the majority, during a session that saw the second time within a month and a half by secret vote.”

The source revealed that “Hoshyar Zebari was confident almost absolute that strong position in parliament for more than one reason, including the fact that there are US pressure exerted during the days leading up to the process of withdrawal of confidence, has the bulk of which US ambassador in Baghdad, Douglas Silliman, in addition to that Zebari was busy with disputes with the World Bank for the purpose of lending to Iraq, there are implicit threats to shut down the possibility of negotiations in the case has the process of withdrawal of confidence. ”

Adding that “the Iraqi prime minister, Haidar al-Abbadi, was eager to stay Zebari in office, both because of the importance of negotiations with the World Bank, which could be affected in the case was dismissed Zebari, which has already been, where stalled negotiations now with the World Bank, or in terms that Abadi Pat believes that the withdrawal of confidence-building measures that stand behind it (the reform front) in the parliament, which is dominated by the leader of a coalition of state law, Nuri al-Maliki, aims eventually to overthrow his government by crawling on the sovereign ministries, which began at the Ministry of defense and Finance, and then foreign , at the time still the Interior Ministry vacant since the resignation of its minister in the month of July last after the Karrada area of ​​Baghdad bombings. ”

Political Kurdish Abizaid that “after a secret vote, which ended with the withdrawal of confidence from Zebari, got developments, notably that Zebari, who had received a pledge from al-Maliki not to withdraw confidence from him, made an angry phone call to the last, blaming him of responsibility, and addressed him by his first name, She threatened him by referring it to the international Court at the files and documents owned by, and carry them with him to Arbil, which returned on the same day of the dismissal, after being asked by the President of the Kurdistan region, Massoud Barzani, to return to Arbil. ”

He continued that “what he sees Zebari that the withdrawal of confidence from it can not get out of being a conspiracy targeted personally targeted as well as the President of the Kurdistan Region, and Democratic Party leader, Massoud Barzani, and therefore it will not be silent about it by moving the files are already built submission of the International Criminal Court so much politicians, activists and men of human rights in Iraq. ”

With regard to the inability of the Iraqi judiciary on Maliki accounting, political Kurdish saw that “the recent decision of the Federal Court annul the decision of Prime Minister, Haider al-Abadi, the abolition of the post of vice-president indicates that al-Maliki still has the ability to influence the judiciary, because the re-Vice-Presidents shall blow new-oriented Ebadi and his reforms, although Abadi decision also finds legal experts, it was not a constitutional principle, but it was the Federal Court could decide the matter at its first session, while kept procrastinating over the years to finally say that the decision is unconstitutional. ”

Explaining that “this means that al-Maliki still has a lot of pressure on the judiciary, particularly the head of the judiciary, Medhat al-Mahmoud, the issuance of this decision at this time for Maliki needs him in the face of his opponent Abadi, who is seeking to win the battle for Mosul, Iraq had been lost in favor of organizing Daesh during the reign of al-Maliki, which means that al-Maliki will return to the barricaded behind the vice president for the preparation of the equipment to start Tsagit Abadi stage by ridiculing his reforms, given that the decision to abolish the post of vice-president was the most prominent in, which showed Abadi on time champion and the owner’s decision, which removes the three top political leaders at the stroke of a pen, they Nuri al-Maliki and Iyad Allawi and Osama Najafi, to clear after a year that this decision is a sound constitutional, and worse than that Abadi, who is himself has succeeded in reducing government spending file, you will pay and retroactive salaries and allowances of the vice President of empty budget “.

https://www.facebook.com/groups/571383766355188/permalink/687675594726004/

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Iraq:

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

06192016loi

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CURRENCY CODE SELL BUY
US dollar USD 1182.000 1180.000
Euro EUR 1304.692 1304.039
British pound GBP 1442.631 1441.910
Canadian dollar CAD 894.167 893.720
Swiss franc CHF 1194.784 1194.187
Swedish krona SEK 133.339 133.273
Norwegian krone NOK 143.740 143.668
Danish krone DKK 175.374 175.286
Japanese yen JPY 11.311 11.305
Special
Drawing Rights
SDR 1630.640 1629.825

Indicative rates – 10.16.2016

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!!

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Dinar Daily NEWS Blog – October 14th

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 10-13-16 (most recent listing)

Currency Auctions Announcement No. 3296

This daily currency auction was held in the Central Bank of Iraq on the 10-13-2016

The results were as follows:

DETAILS NOTES
Number of banks 30
Number of remittance companies 14
Auction price selling dinar / US$ 1182
Auction price buying dinar / US$ —–
Amount sold at auction price (US$) 141,865,045
Amount purchased at Auction price (US$) —–
Total offers for buying (US$) 141,865,045
Total offers for selling (US$) —–

More: http://dinarupdates.com/observer/
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Nobody made a greater mistake than he who did nothing because he could only do a little. – Edmund Burke

*** Current News ***

Follow us on twitter @DinarUpdates !!

follow Dinar Updates on twitterDon’t MISS – “DU NEWS TIME” w/BGG & Co. – October 16 7:30pm EST – In the CHAT ROOM!!

www.DinarUpdates.com – save as favorite

rcookie (Dinar Guru) –   Article quote:   “Finance Committee in the House of Representatives confirmed on Wednesday that the financial umbrella provided by the agreement with the International Monetary Fund and World Bank, which will contribute to the creation of “radical reform” of the Iraqi economy…”   SO…HERE THE ANNOUNCEMENT OF INTERNATIONAL FINANCIAL UMBRELLA FROM WB & IMF TOTALING $18 BILLION (TOTAL 20 BILLION) THAT WILL CREATE  “RADICAL ECONOMIC & FINANCIAL REFORM” IN IRAQ AND IMPLEMENTATION OF INFRASTRUCTURE PROJECTS… CREATE RADICAL ECONOMIC & FINANCIAL REFORM!  BOULYAAAH!

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

Dinar Updates – “The Big Question!!”
from Tues – Oct 11th

w/RCookie, Mr White & Hutch

Smart phone user link – Click here

Randy Koonce (Dinar Guru) –   Iraq wants to RV, and they tell us this all the time in the paper...They will tell us they are opening the budget, but do not.  They tell us they are going to start the Tariffs, but they don’t.  They tell us that they are getting loans to do massive building, but for some reason there is still nothing going on…They keep telling us that they have approved the oil law… but they never enact it…And after this repeated pattern of information, they then sit quietly for a while and they start the whole process up again.  OK. So, what is the one Key that is required to do all these thingsThe RV!   Why? Because it takes money that is worth more than the paper it is printed on.  So even tho you are disappointed it has not happened yet, there is one more common ‘key’ that is mixed in with this repeated process. And that is Obama… He has a reason for not doing it just yet, and he has kept Iraq and the world at bay with this RV…We have information that comes from good sources; it is the best we can do. [post 1 of 2….stay tuned]

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

Parliament will hold its next Monday

 Parliament will hold its next Monday  {Baghdad: Euphrates News} House of Representatives held its regular meeting next Monday instead of Tuesday

According to a parliamentary source told {Euphrates News} ” The Presidency of the Council of Representatives decided to hold a regular session on Monday , 10/17 at eleven in the morning.”

The House of Representatives decision of Imad Youkhana, it had said earlier that the board of the Presidency of the Council of Representatives has decided to hold the parliament session on Tuesday next day on 10.18.2016.

The House of Representatives may raise its Monday of last week , without specifying the date of the next meeting. is over

Read More: http://www.dinarupdates.com/showthread.php?42431-Parliament-will-hold-its-next-Monday-10-14-2016

Thanks to Romello for posting this… I highlight this mainly because there is so much coming up regarding critical legislation – very good news.

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Randy Koonce (Dinar Guru) –   I know a bunch of you believe there will be a basket going but that is not right. There will be different ones going, but they all will be within a month or even two. And, we do not know which way they are going except that of Iraq… and there is a strong chance for the Iran Rial…I need everyone to breathe and do not get anxious and do not give up even if it keeps going…Iraq will have to do those things I listed above and cannot do any of them without an RV….We are close.. Every large bank will exchange… RELAX the RV is coming…Breathe…   [post 2 of 2]

Read More: http://www.dinarupdates.com/observer/
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IMF: Iraq is making good progress to complete the Stand-By Agreement

IMFbanner

[Oan- Baghdad] – IMF mission announced in Baghdad that Alarachakq good progress towards the completion of the first review of the standby credit agreement .

A statement by the Central Bank of Iraq received by all of Iraq [where] a copy of it, all made Christian nut, head of the IMF mission to Iraq, saying the Iraqi authorities continued their discussions with the IMF experts in Washington , DC, during the period October October first 6-10 this on the first revision of the agreement to prepare the credit amounting duration of 36 months , which was approved by the IMF Executive Board on July 7, 2016 . ” he added coconut” Iraqi authorities have made good progress towards the completion of the first review of the agreement to prepare the credit . ” and that , ” Once you provide the additional information required and the implementation of the prior actions agreed , the Executive Board will consider the first review of the agreement to prepare the credit , which is likely to take place in November or December”.

He pointed to” the meeting during the discussions with the Governor of the Central Bank of Iraq by proxy Ali Mohsen Keywords , and Undersecretary of the Ministry of Finance Fadel Prophet , financial Adviser to the Prime Minister the appearance of Mohammed Saleh , and a group of officials from the Ministry of Finance and the Central Bank of Iraq and a representative of the Kurdistan Regional Government , “pointing out that” the Fund ‘s team would like to thank the Iraqi authorities on the good cooperation and discussions frank and fruitful . ”

Read More: http://www.dinarupdates.com/showthread.php?42429-IMF-Iraq-is-making-good-progress-to-complete-the-Stand-By-Agreement-10-13-2016

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

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Federal Court decision did not address the re-Allawi and al-Maliki and Najafi or not

J pTwilight News / issued a judicial authority in Iraq on Monday clarification on the heroes of the Federal Supreme Court for the decision to cancel the posts of Vice-President of the Republic.

A spokesman for the authority Judge Abdul Sattar Bayraktar, said in a statement responded to the Twilight News, he said that “the decision to cancel the posts of Vice-President of the Republic stipulated in Articles (69) and (75) of the Constitution is an amendment to the Constitution without the path charted by the Constitution to amend provided for in article (142) thereof which requires a decision by the House of Representatives amendment referendum and the Iraqi people on it. ”

He added that “the decision of the Federal Supreme Court was based on a complaint filed by Mr. Osama al unconstitutionality,” noting that “the resolution does not mention unconstitutionality to restore or not to restore the Vice President of the Republic gentlemen d.Ayad Allawi and Nouri al-Maliki and Osama al. ”

The Federal Supreme Court had earlier in the day ruled unconstitutional the decision to cancel the posts of Vice-President of the Republic.

From our Private FaceBook Group: https://www.facebook.com/groups/571383766355188/

Thanks to “Ebb Haney” for posting this…

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News site: Victory in Mosul will strengthen the rule of Abadi

For the Baghdad government, there is no greater prize than the restoration of the city of Mosul. With the approach of the attack in the coming weeks, extremists are facing the biggest blow can be directed to the succession.

He says Haider al-Khoei, a fellow of the European Council on Foreign Relations in London, “We are not just talking about symbolic victory on Daesh group, but rather about a fatal blow alleged succession, but will remain a powerful terrorist organization and that its loss would increase its attacks in the West, Iraq and Syria in order to say that they still exist and that the loss of its capital in Iraq will not make them disappear. ”

Battle of Mosul may be crucial for Iraq, analysts say, to restore them might help change the views of some of the government as vulnerable by convincing the new Iraqi military capability.

Units to fight terrorism and the Iraqi army is now preparing for the battle, and the Peshmerga forces are deployed near the city. Any military operation against Daesh risky because of the versatility of the extremists in the booby-trapping of entire regions and hide their movements for airplanes using burning oil and using deceptive wheels Humvees bombs and other Iraqi military wheels seized, but Iraqi officials were confident of the final result.

During this week’s broadcast of Prime Minister Haider al-Abadi first radio speech to the people of Mosul, who are suffering from increased violence Daesh in recent weeks against the fifth column, where he said “we will celebrate with you soon great victory in Mosul.”

He promised to raise the banner of Abadi, Iraq’s Mosul over again reviewing the liberated city names “that have returned to our homeland Iraq and to our people.” In late September, the Iraqi forces dropped leaflets for people in southern Mosul, states, “Protect yourselves and do not be human shields for the enemy, and left the city immediately.”

And defended Daesh group for some cities in Iraq, but its fighters Tlachoa in the latest confrontation in Fallujah, leaving Iraqi forces proud victory boosting Iraqi leaders are confident that the battle of Mosul may also be easy.

In the case of loss of grip on Daesh Mosul, there are various participants who have different expectations. Says Michael Knights, an expert in Iraqi affairs at the Washington Institute for Near East Policy, “for the people of Mosul, they will end the nightmare and the beginning of a new era, the Iraqi forces are coming to the city Kqguat editor but not occupied.”

The Knights “For the Americans the victory allows the president to wipe his hands of the Iraqi chaos and turns away as if everything had gone as planned. For the Iraqi government, the political victory large may boost Abadi’s ability to combat all forms of militias and prevent it from taking over the country.” .

Canadian Gen. Dave Anderson administrator Top of training Iraqi forces to victory, says Mosul is inevitable and will be a turning point against the presence of Daesh, and it’s the beginning of the end and Daesh know that “We have seen signs of left leaders Daesh to their positions because they know what will happen, and Mosul will be free.” But the way to edit may decide to shape policy in Iraq for many years to come.

Read More: http://www.dinarupdates.com/showthread.php?42330-News-site-

Thanks to MadDScout for posting this…

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Iraq:

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

06192016loi

______________________________________________________________

CURRENCY CODE SELL BUY
US dollar USD 1182.000 1180.000
Euro EUR 1309.538 1308.883
British pound GBP 1448.777 1448.053
Canadian dollar CAD 892.817 892.370
Swiss franc CHF 1196.962 1196.364
Swedish krona SEK 135.653 135.585
Norwegian krone NOK 144.869 144.796
Danish krone DKK 175.985 175.897
Japanese yen JPY 11.371 11.365
Special
Drawing Rights
SDR 1633.867 1633.050

Indicative rates – 10.14.2016

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

Posted in Daily Dinar Updates | Tagged , , , , , , , , , , , , , , , | Comments Off on Dinar Daily NEWS Blog – October 14th

Dinar Daily NEWS Blog – October 13th

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 10-13-16

Currency Auctions Announcement No. 3296

This daily currency auction was held in the Central Bank of Iraq on the 10-13-2016

The results were as follows:

DETAILS NOTES
Number of banks 30
Number of remittance companies 14
Auction price selling dinar / US$ 1182
Auction price buying dinar / US$ —–
Amount sold at auction price (US$) 141,865,045
Amount purchased at Auction price (US$) —–
Total offers for buying (US$) 141,865,045
Total offers for selling (US$) —–

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

Nobody made a greater mistake than he who did nothing because he could only do a little. – Edmund Burke

*** Current News ***

Follow us on twitter @DinarUpdates !!

follow Dinar Updates on twitterDon’t MISS – “DU NEWS TIME” w/MadDScout & 1Bobby Thurs. Oct 13 7:30pm EST – In the CHAT ROOM!!

www.DinarUpdates.com – save as favorite

Kaperoni (Dinar Guru) –   Article:  “Iraqi cleric Sadr calls for protest against Maliki’s comeback”  Quote:  “Powerful Shi’ite cleric Moqtada al-Sadr on Wednesday called for a demonstration against a Iraqi court ruling that returns his bitter rival, ex-prime minister Nuri al-Maliki, to a vice-presidential position.

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

Dinar Updates – “The Big Question!!”
from Tues – Oct 11th

w/RCookie, Mr White & Hutch

Smart phone user link – Click here

Kaperoni (Dinar Guru) –  Articles:  “Economic calls to cancel the auction currency and an end to the phenomenon of «money Moadh«”   “Why collapsed the Iraqi dinar .. Economists call for the central bank to answer”   The way I read all these cries, they are pushing for the CBI to move monetary policy forward...Like we have discussed for so long…the CBI needs to exit the peg and float the dinar. Unfortunately, as much as I agree, the government’s inability to lay the groundwork (pass laws) is holding all these reforms up.

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

Parliamentary Finance: Central Bank demands a comprehensive and immediate review of the mechanics of hard currency sale and adjust the rate of the dinar to maintain its value 

Orbit News – Finance Committee confirmed on Saturday that the decline in the dinar exchange rate against the dollar caused the central bank to adopt some private banks and not others in an auction and sell the currency weakness in monitoring the performance of those banks

Parliamentary Finance Committee has demanded in a statement ‘orbit News’ received a copy of it; the Central Bank of the need to adjust the trading currency auction and evaluate the performance of private banks, noting that the data and the official statistics confirming banks to provide some civil purchase invoices are not real in the auction currency.

Revealed statement; the determination of the parliamentary finance committee for the formation of a fact – finding committee to find out the reasons for the high price of the dollar in the markets, and monitor the performance of the central bank auction of currency and checking the seriousness of their actions , which marred a question in large signs, and put an end to the mafias market control and some currency traders at the exchange Aldenarabraghi.

Read More: http://www.dinarupdates.com/showthread.php?42313-CBI-demands-

Thanks to RCookie for posting this…

______________________________________________________________

Kaperoni (Dinar Guru) –   Article:  “Why you must stop the currency auction?”   They cannot end the auctions until the economy, and banking system are ready for the transition.  Leaving a monetary policy that is closed is difficult, especially with so many corrupt Iraqi’s trying hard to stop it.  But if Iraq ever wants to diversify, and invite global investment, they need to work towards Article VIII and the float…and the sooner the better.

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

Federal Court recognizes the unconstitutionality Cancel posts of Vice-President of the Republic

Alsumaria News / Baghdad – Early on Monday, a source revealed the decision of the Federal Court declared unconstitutional Cancel posts of Vice-President of the Republic, for violating the constitutional article.

The source said in an interview for the Sumerian News, “The Federal Court issued a decision ensures unconstitutional dismissal of vice-president.”

The source, who asked not to be named, said: “The court’s decision was based on one of the articles of the Constitution which provides for the selection of one or more Deputy President of the Republic.”

Article (69) that “the law shall regulate the provisions for nomination to the post of President of the Republic, and the law shall regulate the provisions of choosing one or more Deputy President of the Republic.”

The Prime Minister Haider al-Abadi, decided in August 9, 2015, the abolition of the posts of Vice President and Prime Minister immediately.

And the President of the Republic Fuad Masum, three deputies are the first deputy president of the republic, Nuri Kamal al-Maliki and Vice President Osama Najafi and Vice President for National Reconciliation, Iyad Allawi, as voted by the House of Representatives on the eighth of September 2014.

Read More: http://www.dinarupdates.com/showthread.php?42332-Federal-Court-recognizes-the-unconstitutionality-Cancel-posts-of-Vice-President-of-th&p=163443#post163443

Thanks to MadDScout for posting this…

______________________________________________________________

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

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!!)
______________________________________________________________

Federal Court decision did not address the re-Allawi and al-Maliki and Najafi or not

J pTwilight News / issued a judicial authority in Iraq on Monday clarification on the heroes of the Federal Supreme Court for the decision to cancel the posts of Vice-President of the Republic.

A spokesman for the authority Judge Abdul Sattar Bayraktar, said in a statement responded to the Twilight News, he said that “the decision to cancel the posts of Vice-President of the Republic stipulated in Articles (69) and (75) of the Constitution is an amendment to the Constitution without the path charted by the Constitution to amend provided for in article (142) thereof which requires a decision by the House of Representatives amendment referendum and the Iraqi people on it. ”

He added that “the decision of the Federal Supreme Court was based on a complaint filed by Mr. Osama al unconstitutionality,” noting that “the resolution does not mention unconstitutionality to restore or not to restore the Vice President of the Republic gentlemen d.Ayad Allawi and Nouri al-Maliki and Osama al. ”

The Federal Supreme Court had earlier in the day ruled unconstitutional the decision to cancel the posts of Vice-President of the Republic.

From our Private FaceBook Group: https://www.facebook.com/groups/571383766355188/

Thanks to “Ebb Haney” for posting this…

______________________________________________________________

News site: Victory in Mosul will strengthen the rule of Abadi

For the Baghdad government, there is no greater prize than the restoration of the city of Mosul. With the approach of the attack in the coming weeks, extremists are facing the biggest blow can be directed to the succession.

He says Haider al-Khoei, a fellow of the European Council on Foreign Relations in London, “We are not just talking about symbolic victory on Daesh group, but rather about a fatal blow alleged succession, but will remain a powerful terrorist organization and that its loss would increase its attacks in the West, Iraq and Syria in order to say that they still exist and that the loss of its capital in Iraq will not make them disappear. ”

Battle of Mosul may be crucial for Iraq, analysts say, to restore them might help change the views of some of the government as vulnerable by convincing the new Iraqi military capability.

Units to fight terrorism and the Iraqi army is now preparing for the battle, and the Peshmerga forces are deployed near the city. Any military operation against Daesh risky because of the versatility of the extremists in the booby-trapping of entire regions and hide their movements for airplanes using burning oil and using deceptive wheels Humvees bombs and other Iraqi military wheels seized, but Iraqi officials were confident of the final result.

During this week’s broadcast of Prime Minister Haider al-Abadi first radio speech to the people of Mosul, who are suffering from increased violence Daesh in recent weeks against the fifth column, where he said “we will celebrate with you soon great victory in Mosul.”

He promised to raise the banner of Abadi, Iraq’s Mosul over again reviewing the liberated city names “that have returned to our homeland Iraq and to our people.” In late September, the Iraqi forces dropped leaflets for people in southern Mosul, states, “Protect yourselves and do not be human shields for the enemy, and left the city immediately.”

And defended Daesh group for some cities in Iraq, but its fighters Tlachoa in the latest confrontation in Fallujah, leaving Iraqi forces proud victory boosting Iraqi leaders are confident that the battle of Mosul may also be easy.

In the case of loss of grip on Daesh Mosul, there are various participants who have different expectations. Says Michael Knights, an expert in Iraqi affairs at the Washington Institute for Near East Policy, “for the people of Mosul, they will end the nightmare and the beginning of a new era, the Iraqi forces are coming to the city Kqguat editor but not occupied.”

The Knights “For the Americans the victory allows the president to wipe his hands of the Iraqi chaos and turns away as if everything had gone as planned. For the Iraqi government, the political victory large may boost Abadi’s ability to combat all forms of militias and prevent it from taking over the country.” .

Canadian Gen. Dave Anderson administrator Top of training Iraqi forces to victory, says Mosul is inevitable and will be a turning point against the presence of Daesh, and it’s the beginning of the end and Daesh know that “We have seen signs of left leaders Daesh to their positions because they know what will happen, and Mosul will be free.” But the way to edit may decide to shape policy in Iraq for many years to come.

Read More: http://www.dinarupdates.com/showthread.php?42330-News-site-

Thanks to MadDScout for posting this…

______________________________________________________________

Iraq:

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

06192016loi

______________________________________________________________

CURRENCY CODE SELL BUY
US dollar USD 1182.000 1180.000
Euro EUR 1309.538 1308.883
British pound GBP 1448.777 1448.053
Canadian dollar CAD 892.817 892.370
Swiss franc CHF 1196.962 1196.364
Swedish krona SEK 135.653 135.585
Norwegian krone NOK 144.869 144.796
Danish krone DKK 175.985 175.897
Japanese yen JPY 11.371 11.365
Special
Drawing Rights
SDR 1633.867 1633.050

Indicative rates – 10.13.2016

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

Posted in Daily Dinar Updates | Tagged , , , , , , , , , , , , , , , | Comments Off on Dinar Daily NEWS Blog – October 13th

Dinar Daily NEWS Blog – October 12th

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 (most recent listing – CBI.iq is down right now!!) 10-11-16

Currency Auctions Announcement No. 3295

This daily currency auction was held in the Central Bank of Iraq on the 10-11-2016

The results were as follows:

DETAILS NOTES
Number of banks 31
Number of remittance companies 14
Auction price selling dinar / US$ 1182
Auction price buying dinar / US$ —–
Amount sold at auction price (US$) 152,653,486
Amount purchased at Auction price (US$) —–
Total offers for buying (US$) 152,653,486
Total offers for selling (US$) —–

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

Truth is incontrovertible. Panic may resent it, ignorance may deride it, malice may distort it, but there it is. – Winston Churchill

*** Current News ***

Follow us on twitter @DinarUpdates !!

follow Dinar Updates on twitterDon’t MISS – “DU NEWS TIME” w/RCookie, Mr White & Hutch, Wed. Oct 12 7:30pm EST – In the CHAT ROOM!!

www.DinarUpdates.com – save as favorite

rcookie (Dinar Guru) –   Article:  “Federal Court: Reply decision to abolish the positions of president of the republic does not mean their return”  IT IS NOT A DOOM AND GLOOM DEVELOPMENT…IT MEANS THAT THE PREVIOUS RULINGS AND APPEAL DECISION CONCERNING ABADIS ELIMINATION OF 3 VPP’S WAS OVERTURNED BY FEDERAL COURT TODAY…BUT DOES NOT NECESSARILY MEAN A RETURN OF NAJAAFI…ALLAWI OR MALIKI…  DOES ANYONE THINK THE US OR THE REST OF THE WORLD IS GOING TO ALLOW FOR ABADIS REGIME…REFORMS AND PROGRESS TO FAIL…JUST READ THE DAILY STATEMENTS OF UNWAVERING GLOBAL SUPPORT…AND MORE IMPORTANTLY US POLITICAL AND MILITARY SUPPORT….FOR ABADI…IRAQ REFORMS AND PROGRESS…

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

Dinar Updates – “The Big Question!!”
from Tues – Oct 11th

w/RCookie, Mr White & Hutch

Smart phone user link – Click here

rcookie (Dinar Guru) –  THEY ARE THE 3 ORIGINAL VP’S…FORMER HOUSE SPEAKER NAJAFI..AND 2 FORMER PRIME MINISTERS ALLAWI & MALIKI… THEY HAVE STATED IN ARTICLE…THEY ARE NOT REINSTATING ALL THREE VP’S…BUT RATHER…ONE…AS PER CONSTITUTIONTHE OVERWHELMING GROUNDSWELL OF NEWS REPORT UNWAVERING SUPPORT FROM US…POLITICALLY AND MILITARILY TO ASSURE ABADI REGIME AND REFORM SUCCESS…THE US WILL NOT ALLOW FOR ANYTHING TO UNDERMINE ABADI AND IRAQS GLOBALLY ACKNOWLEDGED SUCCESSES AND PROGRESS…   [post 2 of 2]

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

Parliamentary Finance: Central Bank demands a comprehensive and immediate review of the mechanics of hard currency sale and adjust the rate of the dinar to maintain its value 

Orbit News – Finance Committee confirmed on Saturday that the decline in the dinar exchange rate against the dollar caused the central bank to adopt some private banks and not others in an auction and sell the currency weakness in monitoring the performance of those banks

Parliamentary Finance Committee has demanded in a statement ‘orbit News’ received a copy of it; the Central Bank of the need to adjust the trading currency auction and evaluate the performance of private banks, noting that the data and the official statistics confirming banks to provide some civil purchase invoices are not real in the auction currency.

Revealed statement; the determination of the parliamentary finance committee for the formation of a fact – finding committee to find out the reasons for the high price of the dollar in the markets, and monitor the performance of the central bank auction of currency and checking the seriousness of their actions , which marred a question in large signs, and put an end to the mafias market control and some currency traders at the exchange Aldenarabraghi.

Read More: http://www.dinarupdates.com/showthread.php?42313-CBI-demands-

Thanks to RCookie for posting this…

______________________________________________________________

rcookie (Dinar Guru) –   Article:  “Iraqi Constitutional Court draws a painful blow to al – Abadi approve the return of the three vice – president of the republic , despite some of them implicated in corruption cases
Quote:  “The three vice-presidents who are removed from office as Vice-President of the Republic are Osama Najafi, the former House speaker, and Nuri al-Maliki and Iyad Allawi, the two former prime ministers.”  NAJAAFI APPEAL TO THE ELIMINATION OF 3 VP POSITIONS RULING BY LOWER COURT AND APPEALS COURT WAS OVERTURNED AND RULED UNCONSTITUTIONAL BY FEDERAL COURT TODAY...STATING THE POSITION IN TOTAL CAN NOT BE ELIMINATED…AND SUGGESTS GOING FORWARD THERE WILL BE 1 DEPUTY POSITION NOT 3…ORIGINAL MOVE WAS DONE AS FINANCIAL AND BUDGET EXPENDITURE DRIVEN ACTION…RULED ON BY COURTS AND APPEALS… [post 1 of 2….stay tuned]

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

Federal Court recognizes the unconstitutionality Cancel posts of Vice-President of the Republic

Alsumaria News / Baghdad – Early on Monday, a source revealed the decision of the Federal Court declared unconstitutional Cancel posts of Vice-President of the Republic, for violating the constitutional article.

The source said in an interview for the Sumerian News, “The Federal Court issued a decision ensures unconstitutional dismissal of vice-president.”

The source, who asked not to be named, said: “The court’s decision was based on one of the articles of the Constitution which provides for the selection of one or more Deputy President of the Republic.”

Article (69) that “the law shall regulate the provisions for nomination to the post of President of the Republic, and the law shall regulate the provisions of choosing one or more Deputy President of the Republic.”

The Prime Minister Haider al-Abadi, decided in August 9, 2015, the abolition of the posts of Vice President and Prime Minister immediately.

And the President of the Republic Fuad Masum, three deputies are the first deputy president of the republic, Nuri Kamal al-Maliki and Vice President Osama Najafi and Vice President for National Reconciliation, Iyad Allawi, as voted by the House of Representatives on the eighth of September 2014.

Read More: http://www.dinarupdates.com/showthread.php?42332-Federal-Court-recognizes-the-unconstitutionality-Cancel-posts-of-Vice-President-of-th&p=163443#post163443

Thanks to MadDScout for posting this…

______________________________________________________________

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

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!!)
______________________________________________________________

Federal Court decision did not address the re-Allawi and al-Maliki and Najafi or not

J pTwilight News / issued a judicial authority in Iraq on Monday clarification on the heroes of the Federal Supreme Court for the decision to cancel the posts of Vice-President of the Republic.

A spokesman for the authority Judge Abdul Sattar Bayraktar, said in a statement responded to the Twilight News, he said that “the decision to cancel the posts of Vice-President of the Republic stipulated in Articles (69) and (75) of the Constitution is an amendment to the Constitution without the path charted by the Constitution to amend provided for in article (142) thereof which requires a decision by the House of Representatives amendment referendum and the Iraqi people on it. ”

He added that “the decision of the Federal Supreme Court was based on a complaint filed by Mr. Osama al unconstitutionality,” noting that “the resolution does not mention unconstitutionality to restore or not to restore the Vice President of the Republic gentlemen d.Ayad Allawi and Nouri al-Maliki and Osama al. ”

The Federal Supreme Court had earlier in the day ruled unconstitutional the decision to cancel the posts of Vice-President of the Republic.

From our Private FaceBook Group: https://www.facebook.com/groups/571383766355188/

Thanks to “Ebb Haney” for posting this…

______________________________________________________________

News site: Victory in Mosul will strengthen the rule of Abadi

For the Baghdad government, there is no greater prize than the restoration of the city of Mosul. With the approach of the attack in the coming weeks, extremists are facing the biggest blow can be directed to the succession.

He says Haider al-Khoei, a fellow of the European Council on Foreign Relations in London, “We are not just talking about symbolic victory on Daesh group, but rather about a fatal blow alleged succession, but will remain a powerful terrorist organization and that its loss would increase its attacks in the West, Iraq and Syria in order to say that they still exist and that the loss of its capital in Iraq will not make them disappear. ”

Battle of Mosul may be crucial for Iraq, analysts say, to restore them might help change the views of some of the government as vulnerable by convincing the new Iraqi military capability.

Units to fight terrorism and the Iraqi army is now preparing for the battle, and the Peshmerga forces are deployed near the city. Any military operation against Daesh risky because of the versatility of the extremists in the booby-trapping of entire regions and hide their movements for airplanes using burning oil and using deceptive wheels Humvees bombs and other Iraqi military wheels seized, but Iraqi officials were confident of the final result.

During this week’s broadcast of Prime Minister Haider al-Abadi first radio speech to the people of Mosul, who are suffering from increased violence Daesh in recent weeks against the fifth column, where he said “we will celebrate with you soon great victory in Mosul.”

He promised to raise the banner of Abadi, Iraq’s Mosul over again reviewing the liberated city names “that have returned to our homeland Iraq and to our people.” In late September, the Iraqi forces dropped leaflets for people in southern Mosul, states, “Protect yourselves and do not be human shields for the enemy, and left the city immediately.”

And defended Daesh group for some cities in Iraq, but its fighters Tlachoa in the latest confrontation in Fallujah, leaving Iraqi forces proud victory boosting Iraqi leaders are confident that the battle of Mosul may also be easy.

In the case of loss of grip on Daesh Mosul, there are various participants who have different expectations. Says Michael Knights, an expert in Iraqi affairs at the Washington Institute for Near East Policy, “for the people of Mosul, they will end the nightmare and the beginning of a new era, the Iraqi forces are coming to the city Kqguat editor but not occupied.”

The Knights “For the Americans the victory allows the president to wipe his hands of the Iraqi chaos and turns away as if everything had gone as planned. For the Iraqi government, the political victory large may boost Abadi’s ability to combat all forms of militias and prevent it from taking over the country.” .

Canadian Gen. Dave Anderson administrator Top of training Iraqi forces to victory, says Mosul is inevitable and will be a turning point against the presence of Daesh, and it’s the beginning of the end and Daesh know that “We have seen signs of left leaders Daesh to their positions because they know what will happen, and Mosul will be free.” But the way to edit may decide to shape policy in Iraq for many years to come.

Read More: http://www.dinarupdates.com/showthread.php?42330-News-site-

Thanks to MadDScout for posting this…

______________________________________________________________

Iraq:

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

06192016loi

______________________________________________________________

CURRENCY CODE SELL BUY
US dollar USD 1182.000 1180.000
Euro EUR 1316.748 1316.090
British pound GBP 1463.080 1462.348
Canadian dollar CAD 888.455 888.010
Swiss franc CHF 1204.156 1203.554
Swedish krona SEK 136.428 136.360
Norwegian krone NOK 146.289 146.216
Danish krone DKK 176.970 176.881
Japanese yen JPY 11.387 11.382
Special
Drawing Rights
SDR 1638.382 1637.563

Indicative rates – 10.12.2016

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

Posted in Daily Dinar Updates | Tagged , , , , , , , , , , , , , , , | Comments Off on Dinar Daily NEWS Blog – October 12th

Dinar Daily NEWS Blog – October 11th

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 (most recent listing) 10-11-16

Currency Auctions Announcement No. 3295

This daily currency auction was held in the Central Bank of Iraq on the 10-11-2016

The results were as follows:

DETAILS NOTES
Number of banks 31
Number of remittance companies 14
Auction price selling dinar / US$ 1182
Auction price buying dinar / US$ —–
Amount sold at auction price (US$) 152,653,486
Amount purchased at Auction price (US$) —–
Total offers for buying (US$) 152,653,486
Total offers for selling (US$) —–

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

Most of the trouble in the world is caused by people wanting to be important. – T.S.Eliot

*** Current News ***

Dinar Updates – “The Big Question!!”
Tues – Oct 11th 7:00pm CST

w/RCookie, Mr White & Hutch
641-715-3640 pin#528733

from Oct 4th – Smart phone user link – Click here

Hutch (Dinar Guru) –   IMF report quote:  “The Board of the International Monetary Fund approved a standby credit loan SBA for a period of three years for Iraq and the rights of special drawing SDR value of 3.831 billion units (approximately: 5.34 billion, or percentage of 230%); to support the economic reform program adopted by the Iraqi government...”   That’s how the SDR works. They are allowed a percentage of their SDR deposit. Generally it is 200 percent. They have approx 10b in SDR basket, so they are allowed 200 percent of that. That is why they were able to get a 20 (Billion dollar) loan.  Thats what the agreement is and the 5.34 (Billion) is one of the installments.  It gets them on their feet. That’s why investment into the country is so important to what OUR end goal is.

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

Follow us on twitter @DinarUpdates !!

follow Dinar Updates on twitterDon’t MISS – “DU NEWS TIME” w/RCookie, Mr White & Hutch Wed. Oct 12th 7:30pm EST

www.DinarUpdates.com – save as favorite

Hutch (Dinar Guru) – The lottery ticket people here need to get their heads out of the gutter… Lets say its 3.86 tomorrow morning…. the thing everyone is missing is, what about it be internationally traded? What about the banking laws needed for it to survive… remember, we will need time before the banks in the US ramps up and is ready to make exchanges. Things to ponder. Its really a good thing for us to understand ALL of the inner workings of what is going on, so we can benefit from all of their hard work of rebuilding a country.

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

Parliamentary Finance: Central Bank demands a comprehensive and immediate review of the mechanics of hard currency sale and adjust the rate of the dinar to maintain its value 

Orbit News – Finance Committee confirmed on Saturday that the decline in the dinar exchange rate against the dollar caused the central bank to adopt some private banks and not others in an auction and sell the currency weakness in monitoring the performance of those banks

Parliamentary Finance Committee has demanded in a statement ‘orbit News’ received a copy of it; the Central Bank of the need to adjust the trading currency auction and evaluate the performance of private banks, noting that the data and the official statistics confirming banks to provide some civil purchase invoices are not real in the auction currency.

Revealed statement; the determination of the parliamentary finance committee for the formation of a fact – finding committee to find out the reasons for the high price of the dollar in the markets, and monitor the performance of the central bank auction of currency and checking the seriousness of their actions , which marred a question in large signs, and put an end to the mafias market control and some currency traders at the exchange Aldenarabraghi.

Read More: http://www.dinarupdates.com/showthread.php?42313-CBI-demands-

Thanks to RCookie for posting this…

______________________________________________________________

rcookie (Dinar Guru) –  Article quote:  “Said MP from the coalition of state law , Jassim Mohammed Jaafar, said Saturday that the prime minister Haidar al – Abbadi, adjourned the submission of candidates to the ministries after the tenth of Muharram holiday, noting that al – Abadi told the Kurds that they have candidates for the post of Minister of Finance.”  Abadi postpone the submission of candidates for the ministries … and Kurds disclose the names of candidates to the Ministry of Finance.

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

Federal Court recognizes the unconstitutionality Cancel posts of Vice-President of the Republic

Alsumaria News / Baghdad – Early on Monday, a source revealed the decision of the Federal Court declared unconstitutional Cancel posts of Vice-President of the Republic, for violating the constitutional article.

The source said in an interview for the Sumerian News, “The Federal Court issued a decision ensures unconstitutional dismissal of vice-president.”

The source, who asked not to be named, said: “The court’s decision was based on one of the articles of the Constitution which provides for the selection of one or more Deputy President of the Republic.”

Article (69) that “the law shall regulate the provisions for nomination to the post of President of the Republic, and the law shall regulate the provisions of choosing one or more Deputy President of the Republic.”

The Prime Minister Haider al-Abadi, decided in August 9, 2015, the abolition of the posts of Vice President and Prime Minister immediately.

And the President of the Republic Fuad Masum, three deputies are the first deputy president of the republic, Nuri Kamal al-Maliki and Vice President Osama Najafi and Vice President for National Reconciliation, Iyad Allawi, as voted by the House of Representatives on the eighth of September 2014.

Read More: http://www.dinarupdates.com/showthread.php?42332-Federal-Court-recognizes-the-unconstitutionality-Cancel-posts-of-Vice-President-of-th&p=163443#post163443

Thanks to MadDScout for posting this…

______________________________________________________________

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

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!!)
______________________________________________________________

Federal Court decision did not address the re-Allawi and al-Maliki and Najafi or not

J p
Twilight News / issued a judicial authority in Iraq on Monday clarification on the heroes of the Federal Supreme Court for the decision to cancel the posts of Vice-President of the Republic.

A spokesman for the authority Judge Abdul Sattar Bayraktar, said in a statement responded to the Twilight News, he said that “the decision to cancel the posts of Vice-President of the Republic stipulated in Articles (69) and (75) of the Constitution is an amendment to the Constitution without the path charted by the Constitution to amend provided for in article (142) thereof which requires a decision by the House of Representatives amendment referendum and the Iraqi people on it. ”

He added that “the decision of the Federal Supreme Court was based on a complaint filed by Mr. Osama al unconstitutionality,” noting that “the resolution does not mention unconstitutionality to restore or not to restore the Vice President of the Republic gentlemen d.Ayad Allawi and Nouri al-Maliki and Osama al. ”

The Federal Supreme Court had earlier in the day ruled unconstitutional the decision to cancel the posts of Vice-President of the Republic.

From our Private FaceBook Group: https://www.facebook.com/groups/571383766355188/

Thanks to “Ebb Haney” for posting this…

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News site: Victory in Mosul will strengthen the rule of Abadi

For the Baghdad government, there is no greater prize than the restoration of the city of Mosul. With the approach of the attack in the coming weeks, extremists are facing the biggest blow can be directed to the succession.

He says Haider al-Khoei, a fellow of the European Council on Foreign Relations in London, “We are not just talking about symbolic victory on Daesh group, but rather about a fatal blow alleged succession, but will remain a powerful terrorist organization and that its loss would increase its attacks in the West, Iraq and Syria in order to say that they still exist and that the loss of its capital in Iraq will not make them disappear. ”

Battle of Mosul may be crucial for Iraq, analysts say, to restore them might help change the views of some of the government as vulnerable by convincing the new Iraqi military capability.

Units to fight terrorism and the Iraqi army is now preparing for the battle, and the Peshmerga forces are deployed near the city. Any military operation against Daesh risky because of the versatility of the extremists in the booby-trapping of entire regions and hide their movements for airplanes using burning oil and using deceptive wheels Humvees bombs and other Iraqi military wheels seized, but Iraqi officials were confident of the final result.

During this week’s broadcast of Prime Minister Haider al-Abadi first radio speech to the people of Mosul, who are suffering from increased violence Daesh in recent weeks against the fifth column, where he said “we will celebrate with you soon great victory in Mosul.”

He promised to raise the banner of Abadi, Iraq’s Mosul over again reviewing the liberated city names “that have returned to our homeland Iraq and to our people.” In late September, the Iraqi forces dropped leaflets for people in southern Mosul, states, “Protect yourselves and do not be human shields for the enemy, and left the city immediately.”

And defended Daesh group for some cities in Iraq, but its fighters Tlachoa in the latest confrontation in Fallujah, leaving Iraqi forces proud victory boosting Iraqi leaders are confident that the battle of Mosul may also be easy.

In the case of loss of grip on Daesh Mosul, there are various participants who have different expectations. Says Michael Knights, an expert in Iraqi affairs at the Washington Institute for Near East Policy, “for the people of Mosul, they will end the nightmare and the beginning of a new era, the Iraqi forces are coming to the city Kqguat editor but not occupied.”

The Knights “For the Americans the victory allows the president to wipe his hands of the Iraqi chaos and turns away as if everything had gone as planned. For the Iraqi government, the political victory large may boost Abadi’s ability to combat all forms of militias and prevent it from taking over the country.” .

Canadian Gen. Dave Anderson administrator Top of training Iraqi forces to victory, says Mosul is inevitable and will be a turning point against the presence of Daesh, and it’s the beginning of the end and Daesh know that “We have seen signs of left leaders Daesh to their positions because they know what will happen, and Mosul will be free.” But the way to edit may decide to shape policy in Iraq for many years to come.

Read More: http://www.dinarupdates.com/showthread.php?42330-News-site-

Thanks to MadDScout for posting this…

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Iraq:

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

06192016loi

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CURRENCY CODE SELL BUY
US dollar USD 1182.000 1180.000
Euro EUR 1316.748 1316.090
British pound GBP 1463.080 1462.348
Canadian dollar CAD 888.455 888.010
Swiss franc CHF 1204.156 1203.554
Swedish krona SEK 136.428 136.360
Norwegian krone NOK 146.289 146.216
Danish krone DKK 176.970 176.881
Japanese yen JPY 11.387 11.382
Special
Drawing Rights
SDR 1638.382 1637.563

Indicative rates – 10.11.2016

http://www.cbi.iq/

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