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 Corinthians 2:14 (NKJV)
14 Now thanks be to God who always leads us in triumph in Christ, and through us diffuses the fragrance of His knowledge in every place.
Heavenly Father, Thank You for leading us in triumph in Christ! Thank You for Your Love! In Jesus Name, Amen.
Mrs BGG
Iraqi Dinar/Dollar auction 01-10-15
Currency Auctions Announcement No. 3045 (most recent listing)
This daily currency auction was held in the Central Bank of Iraq on the 01-10-2015
The results were as follows:
| DETAILS | NOTES |
| Number of banks | 26 |
| Number of remittance companies | 9 |
| Auction price selling dinar / US$ | 1166 |
| Auction price buying dinar / US$ | —– |
| Amount sold at auction price (US$) | 223,122,249 |
| Amount purchased at Auction price (US$) | —– |
| Total offers for buying (US$) | 223,122,249 |
| Total offers for selling (US$) | —– |
More: http://dinarupdates.com/observer/
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Hiring a president solely on the basis of ideology is like hiring a mechanic solely because you like the same brands of cars. – Will Spencer
*** Current News ***
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BGG – This is the whole ball game right here…supposedly they did the 2nd reading of the Law of the 3 Presidencies. As I understand it, that will take care of Maliki. So, they are within a 3rd reading and a vote and once they do Maliki has no immunity, if I understand correctly the way that is laid out. By the way, the only October 1st deadline was the Anti Money Laundering Law set forth by the World Bank and the IMF and they met that deadline early. Some say it was published in the gazette…not sure if that is true. There is no other deadline…they did what they were to do. Stop and think, they have never met a deadline before…so for what ever reason that meant something to them. Also, as soon as Abadi got back from New York he issued new orders and directives. He is walking like he is a man on a mission. That in concert with everything else going on this is very good news.
Read More: http://www.dinarupdates.com/observer
Thousands of protesters heading to Tahrir Square in central Baghdad
Follow-up – Thousands of citizens, civilians and activists, on Friday, in Tahrir Square in central Baghdad to demand the fight against corruption and reform of state institutions, accusing the government and parliament to “procrastination” reforms announced recently, while security forces imposed strict measures on the place of the rally in anticipation of any breaches…
Read More: http://www.dinarupdates.com/showthread.php?21531-Thousands-of-protesters-heading-to-Tahrir-Square-in-central-Baghdad&p=132595#post132595
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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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Vote and reading for many of the laws the parliament session today to determine the states of the most prominent of the three presidencies
…The source asserts that “Parliament will read the second reading of the draft law and national the Authority for Nuclear Regulation and radiation, and the second reading of the draft accession of the Republic of Iraq to the Convention on Nuclear Safety Joint Convention on the Safety of Spent Fuel Management and the Safety of Radioactive Waste Management and the second reading of a bill defining the mandates of the three presidencies”…
Read More: http://www.dinarupdates.com/showthread.php?21485-2nd-reading-of-3-Presidency-Law
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DinarUpdates.com Round Table Chat (mid-day) 9-30-15
Thanks to Dinar Detectives for a post and Dinar Recaps for posting this in their BLOG
WELCOME TO ROUND TABLE AT DINARUPDATES.COM w/BGG
BGG: We’ve got BIG NEWS coming…
BGG: WE ARE DINARUPDATES!!
BGG: Ok – rcookie – where did you want to start off?? With the Maliki indictments??
rcookie: The evidence against Maliki and his clown car of criminals mount daily…He is ready for a fall!!….Just in the last couple days….
Read More: http://www.dinarupdates.com/showthread.php?21386-BGG-Round-Table-9-30-15
Bringing investment to Iraq
(Courtesy rcookie – DinarUpdates.com News researcher) Massive, popular protests for better public service in Baghdad and across Iraq this summer have prompted the government to announce and execute reforms, which, among other things, reduce the salaries and privileges of government officials and parliamentarians and take steps to fight corruption.
Iraqis are sending a clear message: they have had enough, not only of the so called Islamic State and the on-going war against it, but also from years of perceived public mismanagement, corruption, and lacking basic service – for example, the electricity network is not robust enough to provide more than 6 to 8 hours of electricity to the average household. All of this when low oil prices are expected to tear a double-digit deficit into the national budget, forcing Iraq to tap international bond markets for the first time in many years.
But next to these momentous challenges, the Iraqi government continues its agenda for economic reforms. And it is right in doing so as Iraq needs new and greater investment to get on the right track. Economic revitalization, promoting Foreign Direct Investment (FDI), and regional cooperation and trade are key components of any strategy to reduce conflict and build peace, even more so in today’s turbulent Middle East. Creating jobs, raising revenues to pay for quality services, and re-establishing regional economic cooperation are as important as reaching a political settlement and re-establishing security. They all contribute to the same goal, which is to create the conditions for stability and peace.
Governments have no choice but to prioritise action in this area. According to the World Bank, FDI in 25 countries that were classified as conflict affected or fragile grew at a compound annual rate of 12% compared to 4.5% growth in the rest of the world’s FDI in the period of 2005-2012…
..The figures show that in such high-risk countries untapped resources, reconstruction needs and unmet consumer demand present opportunities for domestic and foreign investors…
Read More: http://www.dinarupdates.com/showthread.php?21338-Bringing-investment-to-Iraq-9-30
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Commercial Solicitation
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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 | 1306.270 | 1305.617 |
| British pound | GBP | 1772.203 | 1771.317 |
| Canadian dollar | CAD | 870.539 | 870.104 |
| Swiss franc | CHF | 1197.863 | 1197.264 |
| Swedish krona | SEK | 139.005 | 138.935 |
| Norwegian krone | NOK | 137.149 | 137.080 |
| Danish krone | DKK | 175.107 | 175.019 |
| Japanese yen | JPY | 9.721 | 9.716 |
| Special Drawing Rights |
SDR | 1636.761 | 1635.942 |
Economy/Baghdad – Financial Minister Hoshyar Zebari, at a meeting with managers and heads of departments in the Ministry, the Ministry’s plans for the next stage and curriculum reforms.
(Courtesy Holly1 – DinarUpdates.com News researcher) / .. Parliamentary Finance Committee vowed Tuesday to pursue suspects of currency smuggling and money laundering by the Iraqi judiciary and the banking sector and the Central Bank.
(Courtesy Romello – DinarUpdates.com News researcher)World Bank Vice President for the Middle East and North Africa Hafez Ghanem said on Tuesday that the bank is working to lend to Iraq billion dollars by the end of 2015.
Palm – Seeking strong political An Iraqi Government is satisfied with recent reforms to replace the prime minister Haider al-Abadi through coordination with the leaders of the National Alliance.
BAGHDAD / Center Brief for the Iraqi Media Network (IMN) – The prime minister Haider al-Abadi, said on Monday that Daash has become a common threat to Iraq and Russia, with Russian President Vladimir Putin said his country’s full support for Iraq in its war against terrorism.
BAGHDAD / Center Brief for the Iraqi Media Network (IMN) – the parliamentary finance committee member Husam punitive reported the existence of multiple files and the names of dealers, contractors and banks involved the crime of money laundering.
He confirmed a member of the parliamentary legal committee smile Hilali advisers that the draft law to be passed after the Eid holiday in the House of Representatives includes the appointment of five advisers for the three presidencies and three ministers, governors, saying that approval of the law will reduce the enormous number of advisers state officials..jpg)
Deputy Chairman of the Committee of Economy and Investment parliamentary Harith al-Harthy said that the passage of the Investment Law and its implementation will contribute to the elimination of unemployment among young people..jpg)
