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…
Psalms 106:1
1 Praise the Lord!
Oh, give thanks to the Lord, for He is good!
For His mercy endures forever.
Heavenly Father, thank You that You are good… and for Your mercy, which endures forever. In Jesus Name, Amen.
Mrs BGG
Iraqi Dinar/Dollar auction (most recent listing) 11-29-15
Currency Auctions Announcement No. 3083
This daily currency auction was held in the Central Bank of Iraq on the 11-29-2015
The results were as follows:
| DETAILS |
NOTES |
| Number of banks |
23 |
| Number of remittance companies |
16 |
| Auction price selling dinar / US$ |
1166 |
| Auction price buying dinar / US$ |
—– |
| Amount sold at auction price (US$) |
182,666,406 |
| Amount purchased at Auction price (US$) |
—– |
| Total offers for buying (US$) |
182,666,406 |
| Total offers for selling (US$) |
—– |
More: http://dinarupdates.com/observer/
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wmawhite (Dinar Guru) – [u r talkin Dec to enter the world market?] The translation from the IMF came out a couple of different ways. I read it has an expectation the IMF has that Iraq will be re-entering the global markets sometime within the first half of 2016. In order to do so what does Iraq need to have? Answer: a currency it calls its own with a value that reflect the true wealth of Iraq. I don’t think they are waiting on anything…it is evident that the CBI/GOI/IMF plus a few we don’t know about have been working together to bring…as the IMF said, bring Iraq back into the economic markets by sometime during the first half of 2016. Iraq want the world to know…they want all folks to see them as a great place to invests. They want the IQD to be used worldwide…because that runs the value of the IQD up.
Read More: http://www.dinarupdates.com/observer/
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“Round Table” Dinar Call!!
“for Dinar News – that MATTERS!!”
from Sunday 11/29
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After threatening to freeze .. Ebadi investigation files against Maliki! ( details )
Suddenly, four files a lawsuit stopped against former Prime Minister Nuri al-Maliki, in
the tribunals Rusafa first second and Karkh in Baghdad, as well as the court of the Iraqi High Criminal, and the Iraqi integrity, and so on Thm’altort fall # Mosul at the hands of the organization of the
Islamic state (# Daash) ‘, and’altort crimes of sectarian killing in # Kirkuk, Anbar and Nineveh’, and’akhva forced his opponents in # Baghdad and Diyala ‘, and’amilit financial and administrative corruption, notably the arms deals with Russia, Ukraine and Iran. ” And rejects the Supreme Judicial Council in the country to address the cause of stopping judicial proceedings against al-Maliki, it is also committed to parliamentary political blocs silence, and avoid government Haider Abadi, responding to reporters’ questions, was directed to three questions on the subject, through the communication window to the Prime Minister with journalists through his website.
According to judicial sources private Iraqi, he ‘was an implicit agreement to freeze proceedings against al-Maliki, which led to the overthrow of three prominent judges, and refer them to retire, after they refused to comply with the recommendations of the government and parliament’.
The leaked local sites conflicting information about al-Maliki threatened to partners yesterday to disclose their files in case they paid for the trial. Experts Iraqi law and asserts that ‘once you enter the al-Maliki of the Court, it is impossible to go out without a conviction.
“In this context, says Iraqi minister prominent, that’ al-Maliki promised to drag everyone with him in the case issued a judiciary warrant for his arrest, a sufficient reason to freeze issue ‘. The minister adds that ‘talk that Iran opposes the trial of al-Maliki, which greatly exaggerated, the fact that the man has become a paper burned and fell popularly even in cities that he enjoyed strong popularity.
But why stop the judicial proceedings against him is that al-Maliki, the leaders of political blocs have threatened that he would not go to court alone, and will open another corrupted files affect ministers and political leaders and members of senior men in Iraq.
‘Reveals that’ al-Maliki waving move a lawsuit corruption precedent against al-Abadi, when he was minister Telecom ‘. The minister shows that the ‘al-Maliki threatened to drag others with him by revealing files and documents corruption affect everyone gag calling by referring to eliminate the campaign.
“He also points out that’ the inauguration of Bashar al-Araji, the son of director Maliki’s office, the team Farouk al-Araji, the position of the first judge, then promoted to the post of President of the Court Supreme terrorism, although that did not exceed the 32-old-year-old, was among several taken by al-Maliki fortifications to protect itself through intimidate others to open corrupted files against them, or to silence honest issues through malicious move against them ‘. The minister points out that ‘al-Maliki apparently succeeded in doing so.’
Tried to Iraqi Foreign Minister Ibrahim al-Jaafari last week, dodging the question of a journalist in the Saudi capital Riyadh, while attending the South external America ministers and Arab Conference, about the fate of al-Maliki. But Jaafari finally answered, after the urgency of the journalist, saying that ‘the judiciary in his country is the owner of the upper floor in the classroom in the involvement of Nuri al-Maliki or not’, stressing that ‘there is no Iraqi official over justice’.
However, the leader of the ‘Iraqi Forces Union’ Hamid al-Mashhadani, a statement said al-Jaafari as a ‘patent instrument for the owners, because the judiciary is subject to the authority of al-Maliki and still’. He adds al-Mashhadani, saying that ‘al-Maliki threatened everyone, even the people closest to him, within the Dawa Party, as Segerhm all to the court, and sent to each document a large financial corruption against them, even if Abadi Pat avoids mention paragraph bring corrupt to eliminate or course of the inquiry the fall # Mosul’.
For his part, indicates’ the Sadrists’ member of # Basra Hussein visual province, that ‘al-Maliki could escape punishment now, but it is certain that he will not succeed in this until the end. ” He continues, ‘We all know what he did in Iraq, al-Maliki of sectarian killings and financial corruption and bankruptcy of Iraq because of him, and causing the entry of # Daash, but who wants his trial is also corrupt like him.
Consequently, there is cover in the subject’. The Supreme Judicial Council in Iraq and refuses to disclose the course of the cause of the fall of the # Mosul and the rest of the charges against the owners, stressing at the last journalist to clarify his published by the Iraqi government channel end of last month that ‘all the issues under scrutiny before starting any action in accordance with the internal legal system in due process in Iraq’ .
He has threatened to expose the corruption files, involvement by al-Sistani and his son and the gang around him (Abdul Mahdi al-Karbalai, Ahmed Hussein al-Shahristani net) in the energy and oil file and in particular the oil licensing rounds.
Read More: http://www.dinarupdates.com/showthread.php?25739-After-threatening-to-freeze-Ebadi-investigation-files-against-Maliki!-(-details-)
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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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Relationship: not close window selling the currency in Central and will print the currency, as did the old regime
Economy/Baghdad – The Governor of the Central Bank of Iraq on a relationship that is not ready to close the sale of the currency in which the window is raised around a lot of controversy after Central Bank interface mismanagement charges as a result of the adoption of this mechanism in the exchange of currency.
It also accused the private banks that they exploited for smuggling and money laundering.
Allaq said while attending a colloquium seminar on central policy and impartiality to attend personally political and economic “that surprised by the statements objected to the sale of foreign currency for citizens through the window the fact Central Bank Iraq dollar revenues and expenditures of the State in local currency which requires the Central Bank to sell the dollar to get local currency to meet the expenses of the State and that the dollar could be described as a product which needs the citizen and obtained from legitimate outlets simply as the laws of the Central Bank.
He stressed that “many actions taken by the Central Bank to control the movement of funds and control its movements and its sources and addressing past wrongs.”
And between relations that only 20% of the State fee in dollars, are foreign debt expenses and imports the rest ministries in local currency, Central Bank Governor revealed that this year the hypocrisy of State to 54 trillion dinars, non-oil imports were three trillion in local currency and the rest in dollars, oil imports were sold in local markets for local currency.
He also explained the relationship because of his refusal to close a window selling the currency requirements of reality as he said that “the Central Bank has no dominance to sell but realities, and sales volume depends on the size of the State of the local currency, and that the mechanism for the implementation of monetary policy of the Central Bank which provides curb inflation and control the exchange rate. Regarding trimming cash reserves at the Central Bank and media excitement that haunt this Alaq, rejected this rule and said that this was caused by a lack of expertise and knowledge of central policy and funds of the central reserve but is not the balance of foreign currency local currency it block flexible cash drop when demand for dollars rises when demand decreases.
He said that a study released by the International Monetary Fund predicted that the rising stock of hard currency by 2020 to 91 billion dollars, the fact that Iraq imports will rise in the next phase.
In answer to a question about the relationship point bound ceiling to close window selling the currency of dollars the Central Bank responded that “when there are other ports to provide local market such as dollar remittances from abroad or export goods or investments to cover the market need of hard currency, we will close the sales window.
And preparations for the Central Bank to avert a financial crisis caused by low oil prices in the event of continued decline if Juppe’s central currency printing also served in 1990s days international sanctions on Iraq and the deposed regime to print currency? This Alaq refused categorically procedure and said that the Central Bank laws deprive currency printing in this format.
Read More: http://www.dinarupdates.com/showthread.php?25740-not-close-window-selling-currency-in-Central-amp-will-print-currency-as-did-old-regime
“Round Table” Dinar Call!!
“for Dinar News – that MATTERS!!”
from Monday 11/16
DinarUpdates.com News Time Chat 11-23-15 PM Part 2 of 3
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: He pointed out that this measure is part of a project to restructure the currency, pointing out that it is long overdue fact that the need has become urgent for the issuance of the biggest and high Akiem categories such as 100 and 200 thousand dinars, similar to neighboring countries and the world and put them circulation has been suspended as a result of rising incomes Mayshl banks and people work to end either.
Millionday: NOTE — THIS IS NOT ABNORMAL IN MANY COUNTRIES AS THEY USE THEM TO BACK THEIR CURRENCY VALUE AND THEY WONT BE IN CIRCULATION
Millionday: In a question »Sabah» whether there are stocks of the dollar offset the new currency Ulkipaia explained that the lack of possibility of currency issuance in the countries responsible unless offset by stocks of the dollar, gold or cash reserve pointing out that at the time of the former regime was printed banknotes without that there will be a stock of hard currency from the fact that the country was trapped and has no contact with other countries.
Millionday: NOTE — IN THE PAST IRAQ DID NOT HAVE HARD BACKED CURRENCY — THE NEW CURRENCY WILL BE BACKED UP BY US STOCKS — CASH OR GOLD
Millionday: The academic pointed d. Falah Thuwaini that the aim of the new edition is to reduce the quantitative content (numerical), saying not all modern edition is a new cash issue increases the amount of money supply, explaining that if it were printed will alone billion dinars from the category of 6000 dinars, or 10 000 dinars, or even 25 000 dinars possible that this billion itself is to be 50 000 class or 100 000 dinars, adding the possibility that there is a Ward acceptable to lead such a move to inflationary expectations in the case of a new version for multiple purposes to Aadamh up or cover concern appropriately.
~~~
Read More: http://www.dinarupdates.com/showthread.php?25426-Millionday-newstime-11-23-15&p=137976#post137976
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CURRENCY CODE SELL BUY
Dinar to USD – Dinar Value – Iraqi Dinar “IQD” listing
| CURRENCY |
CODE |
SELL |
BUY |
| US dollar |
USD |
1166.000 |
1164.000 |
| Euro |
EUR |
1234.328 |
1233.710 |
| British pound |
GBP |
1756.113 |
1755.235 |
| Canadian dollar |
CAD |
876.626 |
876.188 |
| Swiss franc |
CHF |
1142.018 |
1141.447 |
| Swedish krona |
SEK |
133.929 |
133.862 |
| Norwegian krone |
NOK |
134.443 |
134.376 |
| Danish krone |
DKK |
165.446 |
165.364 |
| Japanese yen |
JPY |
9.525 |
9.520 |
Special
Drawing Rights |
SDR |
1601.571 |
1600.770 |
Indicative rates – 11.29.2015 (no change as of 11/26)
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BAGHDAD / News Network Iraq in the parliamentary finance committee member said that his committee will address violations of the central bank in the window sell the dollar and decrease the reserve Almala.obin Haitham al-Jubouri said in a statement today: surprised frequently charges the central bank to some critics Baksourih jurisdiction and interference in his work, and the pursuit of the bank to issue Law to prevent the House of Representatives and observers from criticism of its work and its employees, calling on the bank’s board to abide by the constitution and the law and recognize the right of the House of Representatives to monitor, assess and evaluate the work of the bank, as well as accounting of prove collusion or deliberate breach of the system and the loss of public money.
