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…

2 Thessalonians 3:5 (NKJV)

5 Now may the Lord direct your hearts into the love of God and into the patience of Christ.

Heavenly Father, Thank You that You are Love! Thank You Lord, for directing our hearts into the love of God and into the patience of Christ! In Jesus Name, Amen.

Mrs. BGG

Iraqi Dinar/Dollar auction (most recent listing) 01-05-15 

Currency Auctions Announcement No. 3109

This daily currency auction was held in the Central Bank of Iraq on the 01-05-2015

The results were as follows:

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

Everyone thinks of changing the world, but no one thinks of changing himself. – Leo Tolstoy

*** Current News ***

Follow us on twitter @DinarUpdates !!

Don’t Miss “NEWS TIME” in the DU CHAT ROOM – Wednesday evening at 7:30pm EST!!

www.DinarUpdates.com – save as favorite!!
______________________________________________________________

Stryker (Dinar Guru) – Exchange Rate Flexibility:  News on one of the world’s developing market’s move to be more flexible on their exchange rate starting today:  Article quotes:  “Jan 3 Vietnam will announce a central rate for the dong/dollar each day starting from Monday, shifting from a fixed rate of 21,890 dong/dollar to allow more flexibility, the central bank said on Sunday.”  “Under the current system the dong trades around its fixed rate, which the central bank adjusts only occasionally.”  That tells me, and others, that Vietnam is going to announce a new rate and moving it’s current system to a managed float regime in the next few days. Starting in 2011 the White House started asking the developing markets of the world to start being more flexible on their exchange rates and then in 2013 the G-20 nations reiterated their commitment to move more rapidly toward more market-determined exchange rate systems and exchange-rate flexibility. Today we see this finally taking place with the Vietnam announcement above.
______________________________________________________________

Millionday – “the State will travel to reconsider monetary policy to contribute to a possible cash flow and be able to make some changes to this policy for the exchange rate, auction, banks, dealing with imports,” adding that “there will come the need for changes change that got the Iraqi revenues.“   NOTE — THE POLICY IN PLACE RIGHT NOW DOES NOT WORK SOFOR — CASH FLOW, EXCHANGE RATES, AUCTION, BANKS AND IMPORTS THERE IS A NEED FOR THE NEW MONETARY POLICY TO BE PUT IN PLACE COMING WITH THE 2016 BUDGET.  SO THE GOAL IS TO ACHIEVE THE MOST WITH THE DINAR AND ITS RATE AGAINST THE DOLLAR BY CHANGING THE MONETARY POLICY OF CBI TO ITS NEW EDITION.
______________________________________________________________

Frank26 (Dinar Guru) – May I Kindly offer this: Why only hear…No RV in January?  Yet not listen to what we said about the 1st quarter of 2016?  I said IRAQ messed up IMO on the 1/1/16.  Never said the 1st quarter was flushed down the toilet.  Then fortified it with USA and Britain busting down the doors at the UN for a request of a frightful tactic that simply SCARES THE HELL OUT OF IRAQ…SANCTIONS!

“Round Table” Dinar Call!!

“for Dinar News – that MATTERS!!”
from Monday 12/21

Smart phone user link – Click here

______________________________________________________________

Legal representative: second reading of the law defining the mandates of the three presidencies in the next meeting

BAGHDAD / News Network – Iraq announced that the Legal Committee member Hamdiya Husseini, Tuesday, that the second reading of the draft law defining the mandates of the three presidencies will be an introduction to the work the House of Representatives during the next legislative term. Husseini said in a press statement today: “The House of Representatives will read the second reading of the draft defining the mandates of the three presidencies to two terms only law at the first session of parliament was held during the next legislative term. “She added,” The second reading of the law of amnesty will also be among the first acts of the parliament during the next legislative term, in addition to the Civil Service Law. “It is noteworthy, that the presidency House of Representatives on Tuesday set the date for the beginning of the nineteenth second legislative term of the second legislative year.

Read More: http://www.dinarupdates.com/showthread.php?28080-Legal-representative-second-reading-of-the-law-defining-the-mandates-of-the-three-pr
______________________________________________________________

For a peek at all the most up-to-date DU News – check the Iraq News Thread (in the forum)…

http://www.dinarupdates.com/forumdisplay.php?5-Current-Iraq-NEWS

(Please note – we are posting daily News Articles slightly differently now)
______________________________________________________________

Parliamentary Energy: oil and gas law will reach parliament this month

Baghdad – INA / A member of the Commission on oil and energy parliamentary, beauty Panthers, Sunday, continuing disagreements political blocs legislation on oil and gas law, expected arrival at the Parliament of the government during the month.

Joker and said the “Iraqi news agency”, that “all outstanding problems between the Kurdistan Alliance and other alliances have been resolved once and for all, but the oil and gas law, which is still pending until the moment.”

He added that “there is substantial negotiations are in full swing in order to resolve the enactment of the law after receiving the Council of Ministers during this month.”

He pointed out that “the enactment of the law will ensure the right of the provinces producing oil and gas in the coming budgets without entering discussions and speculations on the legislation.”

http://www.iraqnewsagency.com/%D8%A7%D9 … %B3%D9%8A/

“Round Table” Dinar Call!!

“for Dinar News – that MATTERS!!”
from Sunday 11/29

Smart phone user link – Click here

Economist: Replace the currency and the deletion of zeros is an important step for monetary reform

The adoption of the monetary authority decision in the process of replacing the currency on the approach to costs and benefits, as a change of the Iraqi dinar and the deletion of zeros is an important step on the road to monetary reform, and the reform of the currency management system through structured to control the flow and management of the cost of the money supply in a manner optimized and using a form «Mosley» the most comprehensive, which does not stop at the borders of the costs and benefits but includes economic, social and political environment variables.

He said economic expert d. Abdul-Hussein Abdul Jalil Ghalibi according to »Sabah» that “ideas can be raised in this area, from the process of deleting the zeros and replace currency terms would be too costly to the Iraqi economy and society, from the cost lawsuits and compensation, as well as support the economy commissioned during and after the process substitution.

He stressed that no one denies that the process of changing the dinar require the costs to complete, but the discussion of these costs come from several directions, the first being to maintain the dinar generates community ongoing costs in accounting and procedural fields of counting and sorting, storage and others.

He explained that “these costs could be saved when changing currency and reduced to a minimum, and the second direction that is secreted by the costs is the issue of paper currency printed and punching the coin, and here it can be said that the huge number currently in the Iraqi economy, which amounts to 4 billion paper needs to operations replace the damaged and torn and consumed him for the papers.

And that old deliberative banknote no more than ten years, but it is in heavy use conditions as is the case in Iraq, which hit the currency in circulation to the proportion of the money supply which about 90 percent of the old could be up to five years.

He said therefore, these costs are already unspent along with the replacement will reduce the number of banknotes issued to the gain of 70 percent from the previous issue, and therefore the costs also will be reduced by more than this percentage because the old Deliberative new paper will be longer than the previous two reasons. First, the coins will reduce the burden of Use them, and that large banknotes will be used less speed.

Ghalibi He said that the second reason is that the quality of the paper better and more tolerant than the current paper, which was issued in 2003, the mission of the developments that have occurred in the field of printing money. The reference to the cost of compensation suits have nothing to do with the process of replacement as well as support the economy also cost nothing to do with this, as the government support of economic activity is affected by the process of changing the currency because what determines the amount of support and trends are within the government’s fiscal policies.

He explained that the change of currency and the deletion of zeros does not reduce the source of paper, and with the relevance of this opinion and his health, what is taken it is that the currency (the dinar) does not stop the replacement limits of the same categories, but will be issued the largest monetary categories so that the total number of papers will reach 1.18 billion paper instead of 4 billion paper, number of leaves, which significantly reduces the side to increase the range of categories used not only from the top but from the bottom to issue coins.

Read More: http://www.dinarupdates.com/showthread.php?27896-Economist-Replace-the-currency-and-the-deletion-of-zeros-is-an-important-step
______________________________________________________________

CURRENCY CODE SELL BUY

Dinar to USD – Dinar Value – Iraqi Dinar “IQD” listing

http://www.cbi.iq/

Indicative rates – 01.05.2015

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

www.DinarUpdates.com

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

Word for the day…

Numbers 6:24-26 (NKJV)

24 “The Lord bless you and keep you;
25 The Lord make His face shine upon you,
And be gracious to you;
26 The Lord lift up His countenance upon you,
And give you peace.”’

Heavenly Father, Thank You that You are the God of Peace! Thank You for blessing us! Thank You for all of Your blessings! We are so grateful and thankful 🙂 In Jesus Name, Amen.

Mrs. BGG

Iraqi Dinar/Dollar auction (most recent listing) 01-04-15 

Currency Auctions Announcement No. 3108

This daily currency auction was held in the Central Bank of Iraq on the 01-04-2015

The results were as follows:

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

However beautiful the strategy, you should occasionally look at the results. – Winston Churchill

*** Current News ***

Follow us on twitter @DinarUpdates !!

Don’t Miss “NEWS TIME” in the DU CHAT ROOM – Tuesday evening at 7:30pm EST!!

www.DinarUpdates.com – save as favorite!!
______________________________________________________________

Enorrste (Dinar Guru) – Imposition of tariffs without a change to a float will not work. It will cause inflation in the country and place a heavy burden on the citizens of Iraq due to the higher prices. Unless they simultaneously allow the dinar to float (while reducing the money supply) then the Iraqi’s will see the value of their dinar fall precipitously due to the higher prices of imported goods.  The GOI tried this once already with trade into Kuwait and had to stop it immediately due to the disruption it caused. Now they are going to do it again over a larger territory.
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Kaperoni (Dinar Guru) – Article quote:  “but at this time no one can, not even Iraq to continue on the previous policy, because it is impossible to live on oil revenues only” The writing is on the wall.  They cannot make it much longer and even Zebari said so today...can’t pay salaries by April.  This is a going to be rather interesting the next few months.  Buckle up and let it come to us.
______________________________________________________________

Stryker (Dinar Guru) – 2016 Budget Ratification:  this did not take place on Friday as first reported last week but yet the President of Iraq was reported approving and ratifying it on Sunday (yesterday).  Gazette Updates: the 2016 Budget will not be implemented until the new approved budget law is posted into the official Law Gazette, so neither the additional taxation or tariff taxes in Article 24 of the 2016 Budget can be implemented until it is.

“Round Table” Dinar Call!!

“for Dinar News – that MATTERS!!”
from Monday 12/21

Smart phone user link – Click here

______________________________________________________________

President of the Republic Fuad Masum approves budget bill

President Fuad Masum, on Sunday, the Federal Budget Law No. 1 of 2016, amounting to 105 trillion dinars and a deficit of up to 24 Trliuna, according to a presidential statement. The statement quoted the official spokesman for the Presidency of the Republic Khaled Huani, saying that infallible ratified on Sunday the Federal Budget Law No. (1) for the current year, indicating that the President of the Republic stressed the “importance of adhering to adjust unnecessary expenses and taking into account the low-income social strata service and provision of basic services in this emergency situation through which the country.”

He added Huani “The president renewed his thanks and appreciation for all the efforts that have contributed to the preparation of the budget, study, review and discussion and enacted a project, whether in the government or in the House, or in the media, which role was vital in all these stages.”

The Iraqi Council of Representatives passed in (17 / 12/2015), and an absolute majority, the federal budget law for 2016, which amounted to 105 trillion dinars and a deficit up to 24 trillion dinars, the adoption of the price of a barrel of oil dollars to 45. In turn, directed the General Secretariat of the Council of Ministers, “Finance and Justice, Planning and Construction and Housing organized draft Ministries appeal to the Federal Supreme Court in the amendments made ​​by the House of Representatives on certain paragraphs of the general budget for the year 2016 “.

The Secretariat said in a statement it adopted in directed” the Council of Ministers Resolution No. 430, which provided for the formation of a committee headed by the Undersecretary of the Ministry of Finance and the membership of representatives from the Ministries of Justice Planning and Construction and Housing, Advisor to the Prime Minister for Economic Affairs, and a representative of the Legal Department of the General Secretariat of the Council of Ministers, in addition to the heads of the relevant departments in the Ministry of Finance shall reconsider the amendments made ​​by the House of Representatives on the texts of the draft federal budget for fiscal year 2016 Act materials, or add new material, and submit its recommendations to the Minister of Finance. “The statement added that the Secretariat,” the text of the resolution also authorized the Prime Minister to provide the power to appeal to the Federal Court paragraphs which are brought out of the Committee’s recommendations. ”

http://rudaw.net/arabic/middleeast/iraq/030120164
______________________________________________________________

For a peek at all the most up-to-date DU News – check the Iraq News Thread (in the forum)…

http://www.dinarupdates.com/forumdisplay.php?5-Current-Iraq-NEWS

(Please note – we are posting daily News Articles slightly differently now)
______________________________________________________________

Parliamentary Energy: oil and gas law will reach parliament this month

Baghdad – INA / A member of the Commission on oil and energy parliamentary, beauty Panthers, Sunday, continuing disagreements political blocs legislation on oil and gas law, expected arrival at the Parliament of the government during the month.

Joker and said the “Iraqi news agency”, that “all outstanding problems between the Kurdistan Alliance and other alliances have been resolved once and for all, but the oil and gas law, which is still pending until the moment.”

He added that “there is substantial negotiations are in full swing in order to resolve the enactment of the law after receiving the Council of Ministers during this month.”

He pointed out that “the enactment of the law will ensure the right of the provinces producing oil and gas in the coming budgets without entering discussions and speculations on the legislation.”

http://www.iraqnewsagency.com/%D8%A7%D9 … %B3%D9%8A/

“Round Table” Dinar Call!!

“for Dinar News – that MATTERS!!”
from Sunday 11/29

Smart phone user link – Click here

Economist: Replace the currency and the deletion of zeros is an important step for monetary reform

The adoption of the monetary authority decision in the process of replacing the currency on the approach to costs and benefits, as a change of the Iraqi dinar and the deletion of zeros is an important step on the road to monetary reform, and the reform of the currency management system through structured to control the flow and management of the cost of the money supply in a manner optimized and using a form «Mosley» the most comprehensive, which does not stop at the borders of the costs and benefits but includes economic, social and political environment variables.

He said economic expert d. Abdul-Hussein Abdul Jalil Ghalibi according to »Sabah» that “ideas can be raised in this area, from the process of deleting the zeros and replace currency terms would be too costly to the Iraqi economy and society, from the cost lawsuits and compensation, as well as support the economy commissioned during and after the process substitution.

He stressed that no one denies that the process of changing the dinar require the costs to complete, but the discussion of these costs come from several directions, the first being to maintain the dinar generates community ongoing costs in accounting and procedural fields of counting and sorting, storage and others.

He explained that “these costs could be saved when changing currency and reduced to a minimum, and the second direction that is secreted by the costs is the issue of paper currency printed and punching the coin, and here it can be said that the huge number currently in the Iraqi economy, which amounts to 4 billion paper needs to operations replace the damaged and torn and consumed him for the papers.

And that old deliberative banknote no more than ten years, but it is in heavy use conditions as is the case in Iraq, which hit the currency in circulation to the proportion of the money supply which about 90 percent of the old could be up to five years.

He said therefore, these costs are already unspent along with the replacement will reduce the number of banknotes issued to the gain of 70 percent from the previous issue, and therefore the costs also will be reduced by more than this percentage because the old Deliberative new paper will be longer than the previous two reasons. First, the coins will reduce the burden of Use them, and that large banknotes will be used less speed.

Ghalibi He said that the second reason is that the quality of the paper better and more tolerant than the current paper, which was issued in 2003, the mission of the developments that have occurred in the field of printing money. The reference to the cost of compensation suits have nothing to do with the process of replacement as well as support the economy also cost nothing to do with this, as the government support of economic activity is affected by the process of changing the currency because what determines the amount of support and trends are within the government’s fiscal policies.

He explained that the change of currency and the deletion of zeros does not reduce the source of paper, and with the relevance of this opinion and his health, what is taken it is that the currency (the dinar) does not stop the replacement limits of the same categories, but will be issued the largest monetary categories so that the total number of papers will reach 1.18 billion paper instead of 4 billion paper, number of leaves, which significantly reduces the side to increase the range of categories used not only from the top but from the bottom to issue coins.

Read More: http://www.dinarupdates.com/showthread.php?27896-Economist-Replace-the-currency-and-the-deletion-of-zeros-is-an-important-step
______________________________________________________________

CURRENCY CODE SELL BUY

Dinar to USD – Dinar Value – Iraqi Dinar “IQD” listing

Indicative rates – 01.04.2015

http://www.cbi.iq/

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

www.DinarUpdates.com

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

Word for the day…

Numbers 6:24-26 (NKJV)

24 “The Lord bless you and keep you;
25 The Lord make His face shine upon you,
And be gracious to you;
26 The Lord lift up His countenance upon you,
And give you peace.”’

Heavenly Father, Thank You that You are the God of Peace! Thank You for blessing us! Thank You for all of Your blessings! We are so grateful and thankful 🙂 In Jesus Name, Amen.

Mrs. BGG

Iraqi Dinar/Dollar auction (most recent listing) 01-03-15 

Currency Auctions Announcement No. 3107

This daily currency auction was held in the Central Bank of Iraq on the 01-03-2015

The results were as follows:

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

However beautiful the strategy, you should occasionally look at the results. – Winston Churchill

*** Current News ***

Enorrste:  There are a few things that we must remember before we go off the track…

1) The first is that the official policy of the CBI and the IMF is to move to a floating dinar.

2) Second is the fact that both the CBI and the IMF expect the value of the dinar to rise, not fall, when it moves to a float.

3) The third fact is that Saleh stated unequivocally that the recent change in the exchange rate from 1166 to 1182 (or 1190) is NOT a devaluation of the dinar but IS an ADJUSTMENT in preparation for something else.

4) The fourth is the fact that there is a liquidity crisis in Iraq caused by the hoarding of up to 70% of all of the dinars in mattresses.

5) Now, finally, this fifth element is coming into play. This adjustment will, in my opinion, cause the locals to unload their paper dinars, most likely for dollars. This is a short term move, in my view, done specifically to draw out the dinars so that they can be destroyed.

Once the dinars start to come out of the mattresses the CBI will destroy them, thus reducing the money supply. Some will be exchanged for the new 50k notes, but the vast majority will be destroyed. With the destruction of money there will be upward pressure on the value of the dinar itself and this short term “issue” will have served its purpose (getting the money out of the mattresses).

This is why Saleh has called it an “adjustment” instead of a “devaluation.” It is a short term ameliorative to draw out the paper so that it can be destroyed.

Bottom line: everything is still on tract as planned by the IMF/CBI.

Therefore, this is not the change in monetary strategy. It is only an adjustment. The change in monetary strategy will come when the CBI announces a move from a fixed rate dinar to a floating dinar. I won’t be surprised if we see this within the next 60 days.

Follow us on twitter @DinarUpdates !!

Don’t Miss “NEWS TIME” in the DU CHAT ROOM – Monday evening at 7:30pm EST!!

www.DinarUpdates.com – save as favorite!!
______________________________________________________________

wmawhite (Dinar Guru) – I will repeat myself, “what do we know as fact?” Answer…the International Monetary Fund (IMF) two months ago…”he stressed that Iraq will return to economic market during the first half of next year (2016).” …there are no smoke and mirrors…it is just everyday life as the IMF is taking Iraq by the hand and fixing problems internal to the CBI and GOI.  [I guess we are at the mercy of the IMF now?]  We are at no one’s mercury…this is about Iraq and their future. We are here hoping to make a profit off of their good fortune.
______________________________________________________________

Enorrste (Dinar Guru) – Article quote:   “fear the economic and financial circles Iraqi that leads the Iraqi Central Bank’s decision to reduce the value of the dinar against the dollar as of yesterday”   the article confirms…This move is a short term strategic move, not a devaluation.  I particularly liked the fact that the article states quite clearly that any talk of a devaluation is “baseless.”
______________________________________________________________

rcookie (Dinar Guru) – [… your opinion on the dinar starting out at its present rate and floating up on demand as people invest…is that possible?]  I DO NOT BELIEVE THE CURRENT SUPEFICIALLY IMPOSED RATE WILL BE THE STARTING POINT OF A FLOAT.

“Round Table” Dinar Call!!

“for Dinar News – that MATTERS!!”
from Monday 12/21

Smart phone user link – Click here

______________________________________________________________

President of the Republic Fuad Masum approves budget bill

President Fuad Masum, on Sunday, the Federal Budget Law No. 1 of 2016, amounting to 105 trillion dinars and a deficit of up to 24 Trliuna, according to a presidential statement. The statement quoted the official spokesman for the Presidency of the Republic Khaled Huani, saying that infallible ratified on Sunday the Federal Budget Law No. (1) for the current year, indicating that the President of the Republic stressed the “importance of adhering to adjust unnecessary expenses and taking into account the low-income social strata service and provision of basic services in this emergency situation through which the country.”

He added Huani “The president renewed his thanks and appreciation for all the efforts that have contributed to the preparation of the budget, study, review and discussion and enacted a project, whether in the government or in the House, or in the media, which role was vital in all these stages.”

The Iraqi Council of Representatives passed in (17 / 12/2015), and an absolute majority, the federal budget law for 2016, which amounted to 105 trillion dinars and a deficit up to 24 trillion dinars, the adoption of the price of a barrel of oil dollars to 45. In turn, directed the General Secretariat of the Council of Ministers, “Finance and Justice, Planning and Construction and Housing organized draft Ministries appeal to the Federal Supreme Court in the amendments made ​​by the House of Representatives on certain paragraphs of the general budget for the year 2016 “.

The Secretariat said in a statement it adopted in directed” the Council of Ministers Resolution No. 430, which provided for the formation of a committee headed by the Undersecretary of the Ministry of Finance and the membership of representatives from the Ministries of Justice Planning and Construction and Housing, Advisor to the Prime Minister for Economic Affairs, and a representative of the Legal Department of the General Secretariat of the Council of Ministers, in addition to the heads of the relevant departments in the Ministry of Finance shall reconsider the amendments made ​​by the House of Representatives on the texts of the draft federal budget for fiscal year 2016 Act materials, or add new material, and submit its recommendations to the Minister of Finance. “The statement added that the Secretariat,” the text of the resolution also authorized the Prime Minister to provide the power to appeal to the Federal Court paragraphs which are brought out of the Committee’s recommendations. ”

http://rudaw.net/arabic/middleeast/iraq/030120164
______________________________________________________________

For a peek at all the most up-to-date DU News – check the Iraq News Thread (in the forum)…

http://www.dinarupdates.com/forumdisplay.php?5-Current-Iraq-NEWS

(Please note – we are posting daily News Articles slightly differently now)
______________________________________________________________

Parliamentary Energy: oil and gas law will reach parliament this month

Baghdad – INA / A member of the Commission on oil and energy parliamentary, beauty Panthers, Sunday, continuing disagreements political blocs legislation on oil and gas law, expected arrival at the Parliament of the government during the month.

Joker and said the “Iraqi news agency”, that “all outstanding problems between the Kurdistan Alliance and other alliances have been resolved once and for all, but the oil and gas law, which is still pending until the moment.”

He added that “there is substantial negotiations are in full swing in order to resolve the enactment of the law after receiving the Council of Ministers during this month.”

He pointed out that “the enactment of the law will ensure the right of the provinces producing oil and gas in the coming budgets without entering discussions and speculations on the legislation.”

http://www.iraqnewsagency.com/%D8%A7%D9 … %B3%D9%8A/

“Round Table” Dinar Call!!

“for Dinar News – that MATTERS!!”
from Sunday 11/29

Smart phone user link – Click here

Economist: Replace the currency and the deletion of zeros is an important step for monetary reform

The adoption of the monetary authority decision in the process of replacing the currency on the approach to costs and benefits, as a change of the Iraqi dinar and the deletion of zeros is an important step on the road to monetary reform, and the reform of the currency management system through structured to control the flow and management of the cost of the money supply in a manner optimized and using a form «Mosley» the most comprehensive, which does not stop at the borders of the costs and benefits but includes economic, social and political environment variables.

He said economic expert d. Abdul-Hussein Abdul Jalil Ghalibi according to »Sabah» that “ideas can be raised in this area, from the process of deleting the zeros and replace currency terms would be too costly to the Iraqi economy and society, from the cost lawsuits and compensation, as well as support the economy commissioned during and after the process substitution.

He stressed that no one denies that the process of changing the dinar require the costs to complete, but the discussion of these costs come from several directions, the first being to maintain the dinar generates community ongoing costs in accounting and procedural fields of counting and sorting, storage and others.

He explained that “these costs could be saved when changing currency and reduced to a minimum, and the second direction that is secreted by the costs is the issue of paper currency printed and punching the coin, and here it can be said that the huge number currently in the Iraqi economy, which amounts to 4 billion paper needs to operations replace the damaged and torn and consumed him for the papers.

And that old deliberative banknote no more than ten years, but it is in heavy use conditions as is the case in Iraq, which hit the currency in circulation to the proportion of the money supply which about 90 percent of the old could be up to five years.

He said therefore, these costs are already unspent along with the replacement will reduce the number of banknotes issued to the gain of 70 percent from the previous issue, and therefore the costs also will be reduced by more than this percentage because the old Deliberative new paper will be longer than the previous two reasons. First, the coins will reduce the burden of Use them, and that large banknotes will be used less speed.

Ghalibi He said that the second reason is that the quality of the paper better and more tolerant than the current paper, which was issued in 2003, the mission of the developments that have occurred in the field of printing money. The reference to the cost of compensation suits have nothing to do with the process of replacement as well as support the economy also cost nothing to do with this, as the government support of economic activity is affected by the process of changing the currency because what determines the amount of support and trends are within the government’s fiscal policies.

He explained that the change of currency and the deletion of zeros does not reduce the source of paper, and with the relevance of this opinion and his health, what is taken it is that the currency (the dinar) does not stop the replacement limits of the same categories, but will be issued the largest monetary categories so that the total number of papers will reach 1.18 billion paper instead of 4 billion paper, number of leaves, which significantly reduces the side to increase the range of categories used not only from the top but from the bottom to issue coins.

Read More: http://www.dinarupdates.com/showthread.php?27896-Economist-Replace-the-currency-and-the-deletion-of-zeros-is-an-important-step
______________________________________________________________

CURRENCY CODE SELL BUY

Dinar to USD – Dinar Value – Iraqi Dinar “IQD” listing

Indicative rates – 01.03.2015

http://www.cbi.iq/

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

www.DinarUpdates.com

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

Word for the day…

2 Thessalonians 3:3 (NKJV)

3 But the Lord is faithful, who will establish you and guard you from the evil one.

Heavenly Father, Thank You that You are Faithful! Thank You for establishing and guarding us! In Jesus Name, Amen.

Mrs. BGG

Iraqi Dinar/Dollar auction (most recent listing) 12-30-15 

Currency Auctions Announcement No. 3106

This daily currency auction was held in the Central Bank of Iraq on the 12-30-2015

The results were as follows:

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

There’s nothing in the middle of the road but a yellow stripe and dead armadillos. – Jim Hightower

*** Current News ***

HAPPY NEW YEAR!!

Follow us on twitter @DinarUpdates !!

Don’t Miss “NEWS TIME” in the DU CHAT ROOM – Thursday evening at 7:30pm EST!!

www.DinarUpdates.com – save as favorite!!
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Poppy3 – …IT DOESNT GET BETTER… THEY CANT SAY IT ANY CLEARER. WHAT I HAVE DISCLOSED IS ALL IN INK AND STATED TO THE WORLD THAT IS LISTENING. HERE WE ARE AND THIS IS WHAT WE ARE DOING NOW.   THE ONLY OFFICIAL RATE EVER MENTIONED WAS GIVEN IN OCT 2010 AND NO ONE HAS EVERY SAID A WORD DIFFERENCE. I HAVE POSTED IT AT LEAST 1000 TIMES.
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Kaperoni – From CBI:  “Decides to re-evaluate these investment shares at the beginning of 2016 in the light of the prices traded by Iraq Stock Exchange,”    Iraq is running out of time.  With oil at $35 and expected to maybe drop to even lower, those reserves will be gone in no time.  They need currency reform now and they need to get this market economy going without delay.  That being said, I am hopeful this notice is the beginning of that reform.  I am optimistic.
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Arthur – In a nutshell it appears that every single element we could possibly hope to see has and is happening in real time. The Hydrocarbon Law governing funds distribution along with the requisite taxes and tariffs are imminent within the next  48 hours. We are witnessing the perfect storm that we have always dreamed of for a reality rate for our investment  literally any day now.  The security picture couldn’t be better as what you are getting is at least 8 days behind reality so consider it done. In the words of the late Michael Jackson: THIS IS IT!

“Round Table” Dinar Call!!

“for Dinar News – that MATTERS!!”
from Monday 12/21

Smart phone user link – Click here

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Economist: Replace the currency of the positive benefits of Aaakhlu

BAGHDAD – Imad emirate – adopt the monetary authority decision in the process of replacing the currency on the approach to costs and benefits, as a change of the Iraqi dinar and the deletion of zeros is an important step on the road to monetary reform, and the reform of the currency management system through structured to control the flow and management of the cost of the money supply in a manner optimized using Model «Mosley» the most comprehensive, which does not stop at the borders of the costs and benefits but includes economic, social and political environment variables.

This is what started his speech by economist d. Abdul-Hussein Abdul Jalil Ghalibi »Sabah», pointing out: that the ideas can be raised in this area, from the process of deleting the zeros and replace currency terms would be too costly to the Iraqi economy and society, from the cost lawsuits and compensation, as well as cost support the economy during and after the the replacement process.

He stressed that no one denies that the process of changing the dinar require the costs to complete, but the discussion of these costs come from several directions, the first being that maintaining the dinar generates community ongoing costs in accounting fields and procedural counting, sorting, storage and others.

He said that these costs can be saved When you change currency and reduced to a minimum, and the second direction that is secreted by the costs is the issue of paper currency printed and punching the coin, and here it can be said: The huge number currently in the Iraqi
economy, which amounts to 4 billion paper needs to be replaced operations damaged leaves and shredded and consumed him .

And that old deliberative banknote no more than ten years, but it is in conditions of heavy use, as is the case in Iraq, which hit the currency rate in circulation to money supply which about 90 percent of the old could be up to five years.

He Ghalibi So These costs are already unspent along with the replacement will reduce the number of banknotes issued to the gain of 70 percent from the previous issue, and therefore the costs also will be reduced by more than this percentage because the old Deliberative new paper will be longer than the previous two reasons. First, the coins will reduce the burden to use it, and that large banknotes will be the speed to use less.

He said that the second reason is that the quality of the paper better and more tolerant than the current paper, which was issued in 2003, the mission of the developments that have occurred in printing money the field.

He continued: The reference to the cost of compensation and claims there is nothing to do with the process of replacement as well as support the economy cost also nothing to do with this, as the government support of economic activity is affected by the process of changing the currency because what determines the amount of support and direction is the government in the financial policies.

He explained Ghalibi Changing the currency and the deletion of zeros does not reduce the source of paper, and with the relevance of this opinion and his health, what taken it is that the currency (the dinar) does not stop the replacement limits of the same categories, but will be Asaddarviat monetary larger so that the total number of papers will reach 1.18 billion paper instead of 4 billion paper, Mmaakhvd number of leaves significantly along with increase the range of categories used is not Top only, but from the bottom to issue coins.

Read More: http://www.dinarupdates.com/showthread.php?27849-Economist-Replace-the-currency-of-the-positive-benefits-of-Aaakhlu-Holly1-find

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For a peek at all the most up-to-date DU News – check the Iraq News Thread (in the forum)…

http://www.dinarupdates.com/forumdisplay.php?5-Current-Iraq-NEWS

(Please note – we are posting daily News Articles slightly differently now)
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Millionday News Time Chat 12-31-15 PM Part 1 of 2

Thanks to Dinar Detectives for a post and Dinar Recaps for posting this in their BLOG

Welcome to dinarupdates.com for News Time with Millionday!!

templejc : what makes this tariff time more real than other times they were promised but only delayed?

Millionday: THE PORTION THEY HAVE OF THE BUDGET AND THE ORDER TO BE NATION WIDE ALONG WITH MANY OTHER LAWS THAT WERE NOT IN PLACE BEFORE AND ARE IN PLACE NOW IMO
====================================

Millionday: WE SAW THIS COMPANY WHEN IT ENTERED AND IT WAS REPORTED AT THAT TIME HOW WITH ASIA CELL AT THAT TIME HOW IMPORTANT THE ENTRY OF THIS COMPANY WAS — SO NOW WE HAVE AN UPDATE ON ITS POSITION

Millionday: KNOW THAT THIS HAS BEEN ANNOUNCED TO CITIZENS >>Detection of the parliamentary finance committee member Husam punitive, Wednesday, for the activation of customs tariffs as of 1/1 in all provinces and border crossings in the Kurdistan region,

Millionday: NOTE — READ EVERY WORD AND ASK YOURSELF — WHY WOULD SUCH A LARGE COMPANY DO THIS AT THIS TIME?
Millionday: LOSS IS NOT AN OPTION WHEN YOU HAVE STOCK ON THE LINE IN THE MARKET
~~~

Read More: http://www.dinarupdates.com/showthread.php?27859-Millionday-Special-News-Time-12-31-15

“Round Table” Dinar Call!!

“for Dinar News – that MATTERS!!”
from Sunday 11/29

Smart phone user link – Click here

Millionday News Time Chat 12-31-15 PM Part 2 of 2

Thanks to Dinar Detectives for a post and Dinar Recaps for posting this in their BLOG

Welcome to dinarupdates.com for News Time with Millionday!!

Millionday: OK SO LET ME SHOW YOU ONE MORE THING

Millionday: WHAT IS REMITTANCE OF MONEY?

Millionday: A remittance is a transfer of money by a foreign worker to an individual in his or her home country. Money sent home by migrants competes with international aid as one of the largest financial inflows to developing countries.

Millionday: NOTE– THE EXCHANGE OF FUNDS SO THAT MONEY CAN BE WIRED OUTSIDE OF THE COUNTRY OR IN — THINGS THAT MAKE YOU GO HMMMMMM

Millionday: CALL TONIGHT –DONT MISS IT

Millionday: HAPPY NEW YEAR !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
~~~

Read More: http://www.dinarupdates.com/showthread.php?27859-Millionday-Special-News-Time-12-31-15
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CURRENCY CODE SELL BUY

Dinar to USD – Dinar Value – Iraqi Dinar “IQD” listing

http://www.cbi.iq/

Indicative rates – 12.31.2015 (no change as of 12/30)

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

www.DinarUpdates.com

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

Word for the day…

2 Thessalonians 3:3 (NKJV)

3 But the Lord is faithful, who will establish you and guard you from the evil one.

Heavenly Father, Thank You that You are Faithful! Thank You for establishing and guarding us! In Jesus Name, Amen.

Mrs. BGG

Iraqi Dinar/Dollar auction (most recent listing) 12-29-15 

Currency Auctions Announcement No. 3105

This daily currency auction was held in the Central Bank of Iraq on the 12-29-2015

The results were as follows:

More: http://dinarupdates.com/observer/
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Our minds possess by nature an insatiable desire to know the truth. – Cicero

*** Current News ***

Follow us on twitter @DinarUpdates !!

Don’t Miss “NEWS TIME” in the DU CHAT ROOM – Tuesday evening at 7:30pm EST!!

www.DinarUpdates.com – save as favorite!!
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BGG – [Are the Tariffs still set to start soon? Like Jan 1?]  not sure – but if you see legit tariffs start and hold – you will see a rate…

Enorrste (Dinar Guru) – Article:  “Forthcoming meeting between Baghdad and Erbil for the application of the customs tariff law in all outlets“     If they apply the tariffs then the cost of goods will go up inside Iraq since Iraq imports the vast majority of its products.  The tariffs will help the GOI in terms of getting them more money, but at the cost of higher prices for the people.  Unless they also raise the value of the dinar in sync with the introduction of tariffs this will lead to inflation in Iraq.  Therefore one of two things will happen:  they will either postpone the tariffs or they will institute the float with the introduction of tariffs.  Time will tell.
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Frank26 (Dinar Guru) – It’s not a coincidence…that we look at a long weekend…no coincidence… meanwhile the ISX went ballistic today…they sold 619 million shares that is worth almost 500 billion IQD’s…all in one afternoon…that is why we sense we are very close to the international world…there is SECURITY to enter an international world…we do know they has stopped selling the USD…they only use their currency…you did notice there is a long weekend over the end of the year into the next year.  You do know the Iranian sanctions will be lifted in this same time frame…You do know the budget is to be implemented in this time frame.  You do know the taxes and tariffs are ready to be applied in all ports of Baghdad… Erbil…all of them…that is powerful…that is serious for a monetary reform.

“Round Table” Dinar Call!!

“for Dinar News – that MATTERS!!”
from Monday 12/21

Smart phone user link – Click here

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Iraq revives plan to sell bonds two billion dollars

BAGHDAD (Reuters) – Finance Minister Hoshiyar Zebari told Reuters today that Iraq has revived a plan to sell bonds two billion dollars in 2016 at a time when the government is working on the face of the threat posed by the organization of the Islamic state.

He added that the 2016 draft budget provides for the government to sell bonds two billion dollars if lacked the sources of funding for the targeted spending.

And was suspended the bond sale plan – the first of its kind offered by the Iraqi government in the international market in about ten years – in October as investors demanded a yield of 11 percent Zebari said he is very high.

Zebari added that The government hopes to conclude a better deal if you decide to resort to the bond market in 2016 with the achievement of the armed forces victories continuously on the militants of the Islamic state and to support the World Bank and the International Monetary Fund of the Centre for government financial support.

“It will facilitate the international institutions’ confidence in the country’s process of issuing sovereign bonds.” I think that the liberalization of gray We will strengthen our position, “referring to the recovery of the army of the city, located in the west of Iraq of militants of the Islamic state on Sunday.

And sold Iraq in 2006 bonds worth $ 2.7 billion worth in 2028. He received Iraq on the classification -B of agency Fitch Ratings in August.

And landed oil prices to less than half in the last eighteen months, which is what the government trimmed crude sales, which make up 95 percent of it in income.

This worked so well for them last year. This is complete smoke. IMO – LOOP

Read More: http://www.dinarupdates.com/showthread.php?27620-Iraq-revives-plan-to-sell-bonds-two-billion-dollars-12-28

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For a peek at all the most up-to-date DU News – check the Iraq News Thread (in the forum)…

http://www.dinarupdates.com/forumdisplay.php?5-Current-Iraq-NEWS

(Please note – we are posting daily News Articles slightly differently now)
______________________________________________________________

Millionday News Time Chat 12-27-15 PM Part 1 of 2

Thanks to Dinar Detectives for a post and Dinar Recaps for posting this in their BLOG

Welcome to dinarupdates.com for News Time with Millionday!!

Millionday: WE ARE PRAYING FOR ALL IN THE STORMS

Millionday: NOTE — THIS IS VERY INTERESTING AND NOTICE IT IS ALL ABOUT CALCULATION

Millionday: Urged a specialist in economic affairs to diversify their sources of income, either through investment of available natural resources in the country’s agricultural Kalmward, industrial, oil, etc., or the creation of foreign investment portfolio.

We mean the portfolio investment group of multiple types of investment shares are purchased from stock markets Global intended to invest these stocks in achieving tangible returns for the investor’s country.

Millionday: NOTE — THIS IS NOT DONE IN COUNTRY — THIS IS INTERNATIONAL INVESTMENT TO GROW THE PORTFOLIO THROUGH INTERNATIONAL INVESTMENT

Millionday: WHOOOPOW
~~~

Read More: http://www.dinarupdates.com/showthread.php?27540-Millionday-newstime-12-27-15

“Round Table” Dinar Call!!

“for Dinar News – that MATTERS!!”
from Sunday 11/29

Smart phone user link – Click here

Millionday News Time Chat 12-27-15 PM Part 2 of 2

Thanks to Dinar Detectives for a post and Dinar Recaps for posting this in their BLOG

Welcome to dinarupdates.com for News Time with Millionday!!

RickeyT: do you see any debt forgiveness in their future? Thank you.
RickeyT: Like the Paris agreement

Millionday: ANYTHING THAT WILL BENEFIT THE COUNTRY DOING THE FORGIVENESS AND ALSO THE GLOBE SEEMS TO BE ON THE TABLE SO I THINK JUST ABOUT ANY AGREEMENT WILL BE DONE –

THEY HAVE THE UN — IMF — AND WORLD BANK SAYING VERY POSITIVE THINGS ABOUT WHERE THEY ARE GOING AND THE HELP COMING –

THE IMF IS ASKING FOR TARIFF AND CUSTOMS TO BEGIN NOW SO MOVEMENT WILL BE HAPPENING WITH REVENUES ETC

Millionday: THE MARKET OF IRAQ IS WIDE OPEN AND THE OPPORTUNITY IS HUGE FOR ALL COUNTRIES
~~~

Read More: http://www.dinarupdates.com/showthread.php?27540-Millionday-newstime-12-27-15
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CURRENCY CODE SELL BUY

Dinar to USD – Dinar Value – Iraqi Dinar “IQD” listing

Indicative rates – 12.29.2015

http://www.cbi.iq/

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

www.DinarUpdates.com

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

Word for the day…

Luke 2:13-14 (NKJV)

13 And suddenly there was with the angel a multitude of the heavenly host praising God and saying:

14 “Glory to God in the highest,
And on earth peace, goodwill toward men!”

Heavenly Father, we give You all the Glory, Honor, and Praise! In Jesus Name, Amen.

Mrs. BGG

Iraqi Dinar/Dollar auction (most recent listing) 12-24-15 

Currency Auctions Announcement No. 3102

This daily currency auction was held in the Central Bank of Iraq on the 12-24-2015

The results were as follows:

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

The truth is cruel, but it can be loved, and it makes free those who have loved it. – George Santayana

*** Current News ***

Follow us on twitter @DinarUpdates !!

Don’t Miss “NEWS TIME” in the DU CHAT ROOM – Sunday evening at 7:30pm EST!!

www.DinarUpdates.com – save as favorite!!
______________________________________________________________

Poppy3 – I get the impression that some Iraq banks were either expecting the RV a couple of days ago, or else any time now. Is that what you are hearing?]  Steve1 was dead on this time according to what has been said and been indicated by their own banks.   LIKE MY SOURCES ALL BEEN EXPECTING RATE TO SHOW SINCE LAST WEEK THRU JAN 2ND AT THE LATEST IF NOT SOMEONE OR SOMETHING UNEXPECTED HAS OCCURRED TO SLOW THE CBI FROM THEIR OWN STATED PROGRESS.  UNTIL SOMETHING ELSE CHANGES AND LEADERSHIP SAYS SOMETHING DIFFERENT WE CAN ONLY STAND ON THEIR STATEMENTS AS THE FACTS TODAY.
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firefly (Dinar Guru) – Infrastructure projects and security looks near completion!  Love it when things come together at once!   I’ve been excited for a while now.  It is happening before our eyes, like watching the end of a movie. How can one not be excited!  Especially with the IMF now in control of Iraq’s economy…

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

“Round Table” Dinar Call!!

“for Dinar News – that MATTERS!!”
from Monday 12/21

Smart phone user link – Click here

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Sadr referring to al-Maliki “Vice-President”: leave him dreaming as his plans were revealed

Shafaq News / The leader of Sadrist Movement, Moqtada al-Sadr said that the leader , Nuri al-Maliki sticking in the position as a Vice President of the Republic is a “wishful thinking”.

Data from Maliki’s office are still being issued to the media is attached as a Vice President of the Republic in spite that his position has been reduced by a decision of the Prime Minister , Haider al-Abadi and the Court confirmed the decision .

Moqtada al-Sadr replied in a question posted on his website, that the reason for holding the vice president position , “is wishful thinking. He’s dreaming.”

Al-Sadr told the people, ” his plans were revealed as well as his reckless policy.”

Read More: http://www.dinarupdates.com/showthread.php?27342-Sadr-referring-to-al-Maliki-quot-Vice-President-quot-leave-him-dreaming

BGG ~ We haven’t heard a peep out of Maliki for 2 weeks?? The first thing that pops up is this… and some rumor Maliki may be about to be arrested (or already is…) AND – Abadi is using Iraqi Regular Army Sunnis to liberate Ramadi and then Mosul.

IMHO – the political winds have shifted in Iraq.

______________________________________________________________

For a peek at all the most up-to-date DU News – check the Iraq News Thread (in the forum)…

http://www.dinarupdates.com/forumdisplay.php?5-Current-Iraq-NEWS

(Please note – we are posting daily News Articles slightly differently now)
______________________________________________________________

Najafi raises a second lawsuit to challenge his dismissal from the post of Vice President of the Republic

Palm-detection deputy from the Union of National Forces, the determination of the coalition leader united Osama Najafi file a lawsuit again to challenge his dismissal from the post of Vice President of the Republic.

The MP said the student architect in an interview with media that “the response of the Federal Court request Nujaifi on his objection to the decision of Prime Minister Haider al-Abadi the resignation of the Vice-President of the Republic came to the fact that the request by carrying recipe vice president and not a recipe Najafi personal.”

He said the architect that” Najafi will submit another request to the Federal Court to challenge his dismissal from his post, and this time it will demand in his personal capacity.”

Decided the Federal Supreme Court dated (October 24 the second in 2015) after the formation of a committee composed of eight judges responded suit Introduction of the Vice President of the Republic who objected to the decision to abolish the office of government reforms launched by al-Abadi.

Read More: http://www.dinarupdates.com/showthread.php?27359-Najafi-raises-a-second-lawsuit-to-challenge-his-dismissal-from-the-post-of-VP

“Round Table” Dinar Call!!

“for Dinar News – that MATTERS!!”
from Sunday 11/29

Smart phone user link – Click here

Millionday News Time Chat 12-22-15 PM

Thanks to Dinar Detectives for a post and Dinar Recaps for posting this in their BLOG

Welcome to dinarupdates.com for News Time with Millionday!!

Millionday: WELCOME TO NEWSTIME EVERYONE – I HAVE A FEW THINGS TO SHOW YOU

Millionday: I LOVE THIS REPORT

Millionday: Iraq Economic affairs expert, Dhurgam Mohammed Ali, described the role of monetary policy during the current situation a “sensitive role,” because of the size of the economic challenges facing the country.

Mohammed Ali told the National Iraqi News Agency that “the financial crisis, Iraq is passing through, needs a balanced and accurate monetary policy to keep the Iraqi market through the stability of the local currency and to address any possible.”

Millionday: NOTE — THIS IS ABOUT THE MONETARY POLICY AND ITS ACTIVATION
Millionday: NOTE — THE POLICY HAS TO STABILIZE THE LOCAL CURRENCY
~~~

Read More: http://www.dinarupdates.com/showthread.php?27231-Millionday-News-12-22-15
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CURRENCY CODE SELL BUY

Dinar to USD – Dinar Value – Iraqi Dinar “IQD” listing

Indicative rates – 12.26.2015

http://www.cbi.iq/

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

www.DinarUpdates.com

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

Word for the day…

Luke 2:13-14 (NKJV)

13 And suddenly there was with the angel a multitude of the heavenly host praising God and saying:

14 “Glory to God in the highest,
And on earth peace, goodwill toward men!”

Heavenly Father, we give You all the Glory, Honor, and Praise! In Jesus Name, Amen.

Mrs. BGG

Iraqi Dinar/Dollar auction (most recent listing) 12-22-15 

Currency Auctions Announcement No. 3100

This daily currency auction was held in the Central Bank of Iraq on the 12-22-2015

The results were as follows:

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

Personally I’m always ready to learn, although I do not always like being taught. – Winston Churchill

*** Current News ***

Follow us on twitter @DinarUpdates !!

Don’t Miss “NEWS TIME” in the DU CHAT ROOM – Tuesday evening at 7:30pm EST!!

www.DinarUpdates.com – save as favorite!!

______________________________________________________________

Frank26 (Dinar Guru) – We did not see the LD’s this week as we thought…we did not see them in the auctions…nor did we see the Taxes and Tariff’s as we thought but the T&T’s have been activated…they need a new rate then…remember…they were working on a calculation for a new rate…so we also saw that the budget was approved…all it needs is activation and this calculation they work on right now.  I guess we can say all systems are GO for a lot of activations for between December 31st and January 1st…IN MY OPINION.  We strongly believe…our TEAMS strongly believe we will see …the LD’s this week.  It is important that you understand the…pendulum swing in the auctions is a combination that we are told…the USD to IQD is the RI…IQD to IQD is the RV.  What they are doing is preparing themselves to be introduced into the international world...all our evidence for the past 3-6 months has pointed in this direction…there are no delays…it is all becoming so transparent…
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wmawhite (Dinar Guru) – first half of 2016 to do what?  …RV… no…RI…no, but what? enter the economy markets! and what would a country need to have in order to participate in a global market? Maybe a currency that is recognized/accepted worldwide.  [as to a time frame?]  Well, their budget is depended upon the taxes and tariffs and it refers to them a lot. Abadi has stated this past weekend it is time to kick all of this stuff off. I expect to see all of this go soon.

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

“Round Table” Dinar Call!!

“for Dinar News – that MATTERS!!”
from Monday 12/21

Smart phone user link – Click here

______________________________________________________________

The United Nations welcomes the approval of Iraq’s budget for 2016, and hopes to further reforms

The United Nations welcomed the decision of the Iraqi Council of Representatives of the country’s budget for 2016.

Internationalist Representative in Iraq, Jan Kubis said in a statement Buratha news agency received a copy of it, “I would like the government and congratulate the Iraqi Council of Representatives to adopt the 2016 budget law, and I’m pleased with the decision of the House of Representatives.”

He added that “at this critical economic environment, Levan legislation Budget 2016 law was appropriate and allows the government as well as regional and local authorities to focus on service delivery and support of the population, including millions of people displaced internally, while maintaining the fight against terrorism and the elements Daash”
Read More: http://www.dinarupdates.com/showthread.php?26848-The-United-Nations-welcomes-the-approval-of-Iraq-s-budget-for-2016-and-further-refor

Parliamentary Finance: Presidency of the Republic to ratify the 2016 budget during the next few days

BAGHDAD / Baghdadi News / .. announced the parliamentary finance committee member Masood Haider, Thursday, that the general budget for the 2016 law voted by parliament in its session yesterday, the President of the Republic will be approved in the next few days.

Haidar said to the reporter / Baghdadi News /, “The Presidency of the Republic to ratify the general budget for the 2016 law during the next few days, while ruled that the law remains without authentication President of the Republic until the end of the 15 day period prescribed by the Constitution.”

“The right of some of the blocks that have objections to the budget bill after voting attic recourse to the Federal Court,” describing “those objections political bidding.”
It is said that the Council of Representatives voted 45 Minutes, which held on Wednesday on the state budget for the year ended 2016. Law 21 / g

Read More: http://www.dinarupdates.com/showthread.php?26837-Presidency-of-the-Republic-to-ratify-the-2016-budget-during-the-next-few-days-12-17

______________________________________________________________

For a peek at all the most up-to-date DU News – check the Iraq News Thread (in the forum)…

http://www.dinarupdates.com/forumdisplay.php?5-Current-Iraq-NEWS

(Please note – we are posting daily News Articles slightly differently now)
______________________________________________________________

Millionday News Time Chat 12-21-15 PM Part 1 of 2

Thanks to Dinar Detectives for a post and Dinar Recaps for posting this in their BLOG

Welcome to dinarupdates.com for News Time with Millionday!!

Millionday: HERE WE GO WITH A PROBLEM WITH THE EXCHANGE RATE

Experts are concerned expected that Sarsrv exposed dinar to the disorder against the dollar Aazin reason to the suffering of the banking sector of the charges, and regardless of the validity of the allegations or not, this actually poses a serious stand to assess the matter and hedge and undermine the real causes behind this expectation.
 
I have followed completely Basghae Proceedings of the Annual Banking Conference, which was held last week, where fired a citizen is a first Hoalkhasr from the effects of the attack, which goes on the banking sector as a whole this phrase and hesitated Awamufrdh for more than ten times, and the fact it has an eye catching what does not accept doubt that something will happen without doubt.

Millionday: NOTE — SOMETHING WILL HAPPEN WITH THE PROBLEMATIC EXCHANGE WITHOUT DOUBT AND THE BANKS AND COUNTRY ARE SUFFERING
 ~~~

Read More: http://www.dinarupdates.com/showthread.php?27168-Millionday-News-12-21-15

“Round Table” Dinar Call!!

“for Dinar News – that MATTERS!!”
from Sunday 11/29

Smart phone user link – Click here

Millionday News Time Chat 12-21-15 PM Part 2 of 2

Thanks to Dinar Detectives for a post and Dinar Recaps for posting this in their BLOG

Welcome to dinarupdates.com for News Time with Millionday!!

MArco: what comes first reforms or getting the money Karnac says……………………lol offer a thought even though it is just a thought …….. an opinion is OK LOL

Millionday: THE WORLD BANK HAS AGREED THEY WILL GET THE FUNDS BY THE END OF THIS YEAR AND IRAQ HAS AGREED TO ACTIVATE THE REFORMS — THEY ARE REPORTABLY IN THE MIDDLE OF ALL REFORMS BEING COMPLETE

Millionday: SMILE

Millionday: HERE IS A FORMAL CBI ORDER GIVEN TODAY THAT WAS SENT TO ME
~~~

Read More: http://www.dinarupdates.com/showthread.php?27168-Millionday-News-12-21-15
______________________________________________________________

CURRENCY CODE SELL BUY

Dinar to USD – Dinar Value – Iraqi Dinar “IQD” listing

http://www.cbi.iq/

Indicative rates – 12.22.2015

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

www.DinarUpdates.com

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

Word for the day…

Matthew 1:23 (NKJV)

23 “Behold, the virgin shall be with child, and bear a Son, and they shall call His name Immanuel,” which is translated, “God with us.”

Heavenly Father, Thank You for sending Your Son, Jesus! Thank You Jesus that You are Immanuel, “God with us”! In Jesus Name, Amen.

Mrs. BGG

Iraqi Dinar/Dollar auction (most recent listing) 12-21-15 

Currency Auctions Announcement No. 3099

This daily currency auction was held in the Central Bank of Iraq on the 12-21-2015

The results were as follows:

More: http://dinarupdates.com/observer/
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There is one source, O Athenians, of all your defeats. It is that your citizens have ceased to be soldiers. – Demosthenes

*** Current News ***

“Round Table” Dinar Call!!

“for Dinar News – that MATTERS!!”
from Monday 12/21

Smart phone user link – Click here

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SteveI (Dinar Guru) – The news keeps getting better and better each day. Very soon you will get the best news yet!
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firefly (Dinar Guru) – CBI Announcement:  “The Ministry of Finance approved on 2015/12/16 conduct a public auction auction (Y16) for the sale of the treasury for their remittances (364) on 12.20.2015.”  “To / all licensed banks and licensed money transfer all companies and financial investment companies and broker the buying and selling of foreign currencies approved all companies(foreign exchange rate) 12/20/2015 Board Resolution No. (329) for the year 2015 (the exchange rate)12/18/2015.”   [It is coming!]  oh yeah…make no mistake about it!   …funny, those announcements weren’t there yesterday when I checked.  Not surprised, many items going on behind the scenes that only appear after the fact.   [does that mean they are approving or have approved the exchange rate?]  According to the CBI, certainly makes one think so.

Read More: http://www.dinarupdates.com/observer/
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The United Nations welcomes the approval of Iraq’s budget for 2016, and hopes to further reforms

The United Nations welcomed the decision of the Iraqi Council of Representatives of the country’s budget for 2016.

Internationalist Representative in Iraq, Jan Kubis said in a statement Buratha news agency received a copy of it, “I would like the government and congratulate the Iraqi Council of Representatives to adopt the 2016 budget law, and I’m pleased with the decision of the House of Representatives.”

He added that “at this critical economic environment, Levan legislation Budget 2016 law was appropriate and allows the government as well as regional and local authorities to focus on service delivery and support of the population, including millions of people displaced internally, while maintaining the fight against terrorism and the elements Daash”
Read More: http://www.dinarupdates.com/showthread.php?26848-The-United-Nations-welcomes-the-approval-of-Iraq-s-budget-for-2016-and-further-refor

Parliamentary Finance: Presidency of the Republic to ratify the 2016 budget during the next few days

BAGHDAD / Baghdadi News / .. announced the parliamentary finance committee member Masood Haider, Thursday, that the general budget for the 2016 law voted by parliament in its session yesterday, the President of the Republic will be approved in the next few days.

Haidar said to the reporter / Baghdadi News /, “The Presidency of the Republic to ratify the general budget for the 2016 law during the next few days, while ruled that the law remains without authentication President of the Republic until the end of the 15 day period prescribed by the Constitution.”

“The right of some of the blocks that have objections to the budget bill after voting attic recourse to the Federal Court,” describing “those objections political bidding.”
It is said that the Council of Representatives voted 45 Minutes, which held on Wednesday on the state budget for the year ended 2016. Law 21 / g

Read More: http://www.dinarupdates.com/showthread.php?26837-Presidency-of-the-Republic-to-ratify-the-2016-budget-during-the-next-few-days-12-17

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Follow us on twitter @DinarUpdates !!

Don’t Miss “NEWS TIME” in the DU CHAT ROOM – Tuesday evening at 7:30pm EST!!

www.DinarUpdates.com – save as favorite!!

For a peek at all the most up-to-date DU News – check the Iraq News Thread (in the forum)…

http://www.dinarupdates.com/forumdisplay.php?5-Current-Iraq-NEWS

(Please note – we are posting daily News Articles slightly differently now)
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Millionday News Time Chat 12-19-15 PM Part 1 of 2

Thanks to Dinar Detectives for a post and Dinar Recaps for posting this in their BLOG

Welcome to dinarupdates.com for News Time with Millionday!!

Millionday: NOTE — WE HAVE SOME INTERESTING PUZZLE PIECES WITH CHINA TO LOOK AT TONIGHT

Millionday: The US Congress has taken a step closer to granting long-awaited approval to reforms of the International Monetary Fund that would give China and other emerging economies a greater voice in shaping the institution’s policies.

The text of a US omnibus spending bill, released Wednesday morning as part of a budget deal, includes approval for the Obama administration to finally vote for stalled 2010 quota reforms that have become a source of tension between the US and the IMF.

Millionday: NOTE — THE QUOTA REFORMS ARE FOR BUSINESS IN FRONT OF THE IMF AND THE % CHANGES THAT WERE RELEASED TO THE PUBLIC AS BEING ADDRESSED (AWAITING APPROVAL) –
~~~

Read More: http://www.dinarupdates.com/showthread.php?26970-Millionday-News-12-19-15

“Round Table” Dinar Call!!

“for Dinar News – that MATTERS!!”
from Sunday 11/29

Smart phone user link – Click here

Millionday News Time Chat 12-19-15 PM Part 2 of 2

Thanks to Dinar Detectives for a post and Dinar Recaps for posting this in their BLOG

Welcome to dinarupdates.com for News Time with Millionday!!

Millionday: NOTE — NEXT I AM GOING TO SHOW YOU THE CHANGES IN THE NEW MONETARY POLICY THEY ARE IN THE MIDDLE OF IMPLEMENTING DUE TO ABADI ACTIVATING THE ECONOMIC REFORM –
 
THE MONETARY POLICY IS PART OF THE ECONOMIC REFORMS AS IS THE BANKING AND ALL FINANCIAL REFORMS OBVIOUSLY
 
Millionday: HERE WE GO — HOLD YOUR HATS

Millionday: The above instruments are not adequate for the development of an efficient market oriented financial sector. In particular, they are not adequate or appropriate for developing an efficient and liquid market in government securities or for conducting a market based monetary policy.
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Read More: http://www.dinarupdates.com/showthread.php?26970-Millionday-News-12-19-15
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CURRENCY CODE SELL BUY

Dinar to USD – Dinar Value – Iraqi Dinar “IQD” listing

Indicative rates – 12.21.2015

http://www.cbi.iq/

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

www.DinarUpdates.com

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

Word for the day…

Matthew 1:23 (NKJV)

23 “Behold, the virgin shall be with child, and bear a Son, and they shall call His name Immanuel,” which is translated, “God with us.”

Heavenly Father, Thank You for sending Your Son, Jesus! Thank You Jesus that You are Immanuel, “God with us”! In Jesus Name, Amen.

Mrs. BGG

Iraqi Dinar/Dollar auction (most recent listing) 12-20-15 

Currency Auctions Announcement No. 3098

This daily currency auction was held in the Central Bank of Iraq on the 12-20-2015

The results were as follows:

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

If you are not prepared to use force to defend civilization, then be prepared to accept barbarism. – Thomas Sowell

*** Current News ***

Follow us on twitter @DinarUpdates !!

Don’t Miss “NEWS TIME” in the DU CHAT ROOM – Monday evening at 7:30pm EST!!

www.DinarUpdates.com – save as favorite!!
______________________________________________________________

Breitling (Dinar Guru) – … that’s it.  that’s the best I’ve got…I look at the numbers under a microscope a little bit more than everybody else.  There is no magic date, you just watch the process and it’s a big heavy process and it’s not small…Have you seen anything that says they’ve added to the note count?  no, nothing, there is not one shred of evidence that they are adding to the note count.  From the original statement of the General who actually put out the new currency you and I have, the new Iraqi dinar, made a statement, “at one time the Iraqi Dinar was $3.25.“  So that ends that debate…you have the guy who put the currency out for the new government of Iraq (at the time was the coalition government) saying their goal is to get to $3.25 (but at that time they were at a billion notes).  Nothing has changed. [Post 2 of 2]
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wmawhite (Dinar Guru) – …look closely at this latest activity, commercial laws, private sector, etc…IMO, this all points directly to what the IMF told the world 4 weeks ago: “……he stressed that Iraq will return to economic market during the first half of next year.“   …there is no need to ask when because the IMF has told us when the expect a change in the IQD.   Iraq IMO, will not wait until they enter the economy markets to do the things that need to be done either…in fact, Iraq/CBI/IMF are currently making those changes.  Iraq IMO, Iraq will not wait…   Could be 30 June 2016…or 1 January, or 1 February…the point is…the IMF has given the world what their expectations are…and IMO, we are seeing activity directly related to those expectations. …we have never had the IMF do what they are currently doing for Iraq.   [I don’t think that Iraq wants us all to know exactly when this is going to happen!]   Seriously…Iraq wants the world to know what is coming….they want the world to look forward to great changes with their country…how else will they get investors to come into Iraq.

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

The United Nations welcomes the approval of Iraq’s budget for 2016, and hopes to further reforms

The United Nations welcomed the decision of the Iraqi Council of Representatives of the country’s budget for 2016.

Internationalist Representative in Iraq, Jan Kubis said in a statement Buratha news agency received a copy of it, “I would like the government and congratulate the Iraqi Council of Representatives to adopt the 2016 budget law, and I’m pleased with the decision of the House of Representatives.”

He added that “at this critical economic environment, Levan legislation Budget 2016 law was appropriate and allows the government as well as regional and local authorities to focus on service delivery and support of the population, including millions of people displaced internally, while maintaining the fight against terrorism and the elements Daash”
Read More: http://www.dinarupdates.com/showthread.php?26848-The-United-Nations-welcomes-the-approval-of-Iraq-s-budget-for-2016-and-further-refor

Parliamentary Finance: Presidency of the Republic to ratify the 2016 budget during the next few days

BAGHDAD / Baghdadi News / .. announced the parliamentary finance committee member Masood Haider, Thursday, that the general budget for the 2016 law voted by parliament in its session yesterday, the President of the Republic will be approved in the next few days.

Haidar said to the reporter / Baghdadi News /, “The Presidency of the Republic to ratify the general budget for the 2016 law during the next few days, while ruled that the law remains without authentication President of the Republic until the end of the 15 day period prescribed by the Constitution.”

“The right of some of the blocks that have objections to the budget bill after voting attic recourse to the Federal Court,” describing “those objections political bidding.”
It is said that the Council of Representatives voted 45 Minutes, which held on Wednesday on the state budget for the year ended 2016. Law 21 / g

Read More: http://www.dinarupdates.com/showthread.php?26837-Presidency-of-the-Republic-to-ratify-the-2016-budget-during-the-next-few-days-12-17

______________________________________________________________

For a peek at all the most up-to-date DU News – check the Iraq News Thread (in the forum)…

http://www.dinarupdates.com/forumdisplay.php?5-Current-Iraq-NEWS

(Please note – we are posting daily News Articles slightly differently now)
______________________________________________________________

Millionday News Time Chat 12-19-15 PM Part 1 of 2

Thanks to Dinar Detectives for a post and Dinar Recaps for posting this in their BLOG

Welcome to dinarupdates.com for News Time with Millionday!!

Millionday: NOTE — WE HAVE SOME INTERESTING PUZZLE PIECES WITH CHINA TO LOOK AT TONIGHT

Millionday: The US Congress has taken a step closer to granting long-awaited approval to reforms of the International Monetary Fund that would give China and other emerging economies a greater voice in shaping the institution’s policies.

The text of a US omnibus spending bill, released Wednesday morning as part of a budget deal, includes approval for the Obama administration to finally vote for stalled 2010 quota reforms that have become a source of tension between the US and the IMF.

Millionday: NOTE — THE QUOTA REFORMS ARE FOR BUSINESS IN FRONT OF THE IMF AND THE % CHANGES THAT WERE RELEASED TO THE PUBLIC AS BEING ADDRESSED (AWAITING APPROVAL) –
~~~

Read More: http://www.dinarupdates.com/showthread.php?26970-Millionday-News-12-19-15

“Round Table” Dinar Call!!

“for Dinar News – that MATTERS!!”
from Sunday 11/29

Smart phone user link – Click here

Millionday News Time Chat 12-19-15 PM Part 2 of 2

Thanks to Dinar Detectives for a post and Dinar Recaps for posting this in their BLOG

Welcome to dinarupdates.com for News Time with Millionday!!

Millionday: NOTE — NEXT I AM GOING TO SHOW YOU THE CHANGES IN THE NEW MONETARY POLICY THEY ARE IN THE MIDDLE OF IMPLEMENTING DUE TO ABADI ACTIVATING THE ECONOMIC REFORM –
 
THE MONETARY POLICY IS PART OF THE ECONOMIC REFORMS AS IS THE BANKING AND ALL FINANCIAL REFORMS OBVIOUSLY
 
Millionday: HERE WE GO — HOLD YOUR HATS

Millionday: The above instruments are not adequate for the development of an efficient market oriented financial sector. In particular, they are not adequate or appropriate for developing an efficient and liquid market in government securities or for conducting a market based monetary policy.
~~~

Read More: http://www.dinarupdates.com/showthread.php?26970-Millionday-News-12-19-15
______________________________________________________________

CURRENCY CODE SELL BUY

Dinar to USD – Dinar Value – Iraqi Dinar “IQD” listing

http://www.cbi.iq/

Indicative rates – 12.20.2015

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