Dinar Daily NEWS Blog – August 13th

Posted on August 13, 2017 by BGG

Bank source: Tomorrow a meeting between private banks and the central bank to discuss the instructions of the currency window

A bank source said on Sunday that the regular meeting between private banks and the central bank will be held on Monday to discuss the prevention of bank balances in the Kurdistan region and the instructions of the currency window.

The source, who preferred not to disclose his name to “Economy News”, said that “the periodic meeting between private banks and the Central Bank will be held on Monday in the presence of the Governor of the Central Bank Ali Alaak.”

He added that “the meeting will discuss the joint lending fund and the agreement with the Kurdistan region on the prevention of double taxation, and the bank’s assets in the region, and activate the work of internal control departments in banks and explain the mechanisms and instructions of the currency window.”

Read more: http://www.dinarupdates.com/showthread.php?53300-Bank-source-Tomorrow-a-meeting-between-private-banks-and-the-central-bank-to-discuss
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MilitiaMan (Dinar Guru) “Iraq is entering the global financial markets with great success” Quotes: “this move gives a strong signal to investors to deal with Iraq with high confidence…” “The plans implemented by Dr. Abadi three years ago were well studied, especially with regard to capital. We succeeded in maintaining the dinar exchange rate while continuing to pay salaries and dues, maintaining the war against the enemy and achieving economic victories parallel to security.” The confidence the investors have in Iraq has arrived. An additional point to think about is the three years it has been in the making. If we recall the MOP shows that time line for the IQD as well… with two sets of books per se, one may deduce they have been doing them for a heck of a lot longer than ever thought. If true, how sweet it is!!

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Central Bank: Conditions of the International Monetary Fund aims to reform Iraq’s economy

The governor of the Central Bank, Ali Alalak, that the economy of Iraq can not rise without the existence of a real banking sector and effective, stressing that the conditions of the International Monetary Fund aims to reform the economy.

Al-Alak said in his speech at the celebration held by the Islamic Bank of Iraq on the occasion of the anniversary of the “25” year of its founding, and attended by “Economy News”, “It can not rise the economy of Iraq without a real banking sector and actively contribute to support the productive sectors,” adding that ” Of the Iraqi banks possess human and financial capabilities and keep abreast of developments in banking systems. ”

He pointed out that “the need to strengthen confidence between banks and citizens, which reflects positively on the economy of the country and facilitate banking operations and create great competition,” noting that “the Central Bank launched the largest lending initiative in the history of Iraq through the allocation of 6 trillion dinars.”

Read more: http://www.dinarupdates.com/showthread.php?53299-Central-Bank-Conditions-of-the-IMF-aims-to-reform-Iraq-s-economy
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The Commercial Bank of Iraq announces the granting of small loans

The Commercial Bank of the region RT Bank announced the service of granting small loans, noting that the value of the loan up to 50 million dinars.

“In order to build a strong and independent economy for the citizens of the Kurdistan region, we announce the provision of banking services at the highest levels,” the bank said in a press release.

“The citizens of the Kurdistan region and its youth now through our bank can ask for small loans to finance projects or to complete them, which amounted to 50 million dinars.”

It is noteworthy that the KRG was previously granted small loans for emerging projects, before the financial crisis hit the region and affect many areas in it.

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BGG ~ While staying away from gross generalizations, it would appear they are deep within the “process” of being re-engaged with world economies… even if they aren’t being “officially recognized” just yet.

As we discussed on the last call, they reportedly had much more interest than they had actual bonds to sell during this last offering.

Obviously – we’ll see a follow-up bond offering. However, I would suspect there could be some restraint to this particular action by the IMF, etc, until they are content with Iraq’s compliance.

None of the above is saying the IMF isn’t perfectly satisfied with their progress to date, nor am I saying any of this is directly tied to potential value change. It is merely my view of things.

(The above Tweet and video was courtesy Okie Dinar)

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Shredd (Dinar Guru) Article: “The Iraqi Trade Bank: The global market has begun to trust the future of Iraq’s economy” Take a look at this part: “…a number of comprehensive offers in London, Boston and New York and received a positive attention by investors from global investment funds, and proceeds of the IPO value of what was on the market more than seven times the amount required.” This is a big deal folks. Investor confidence and then some! This strong investor response will result in more investment, that is guaranteed! The rating holding is good too. As Iraq prepares to respond economically to the lower oil prices, selling their debt like this makes sense and again, the investor appetite is awesome to see! [post 1 of 2….stay tuned]

Read more: http://www.dinarupdates.com/observer/
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Baghdad exhibition .. Gate of construction and reconstruction after the victory

With the announcement by the General Company for Exhibitions and Trade Services of Iraq in the Ministry of Commerce allocated free spaces for countries wishing to participate in the Baghdad International Exhibition in its 44th edition, an economist saw the importance of festivals and exhibitions such as this and implications for the Iraqi economy. The expert Rahim Al-Shammari said ” Baghdad International Fair and the exhibitions of Arbil, Basra, Maysan and others, have an importance in bringing the distance between Iraq and Arab and foreign companies. ”

He pointed out that “the need to invest these annual gatherings, by attracting giant companies to invest in Iraq and participate in reconstruction campaigns and construction and the implementation of development projects, as well as trade exchange, and the offer of local goods, which means opening the Iraqi market to its farmers in front of companies.

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BGG (Dinar Guru) – …The correct terminology you’d look to hear from them [Iraq] would be monetary reform [Instead of RV] or you’d look to hear something along the line of deleting the zeros project or something along those lines might be what’s you’d be looking at…it’s going to have a bunch of good news particularly financial good news. However, if you’re looking for some actionable information forecasting this event, I guarantee you will be disappointed. It will just happen. They are not going to telegraph it…I think the cat was out of the bag a long time ago…By the way, it’s kind of interesting that we are seeing this slew of articles lately that are talking about, in big terms, all the success that is coming to Iraq soon.

Read more: http://www.dinarupdates.com/observer/
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Central Bank: Procedures for the rehabilitation of banks in liberated areas

He confirmed that the “Da’ash” seized more than two trillion dinars.*The Central Bank of Iraq has taken measures by the Central Bank departments to rehabilitate and open branches of banks in the liberated areas of the control of “Daash”, while he confirmed that the organization “Daash” seized 856 billion dinars and about 101 million dollars after the events of June 2014.

*The bank said in a report published on its website: “The Banking Department has prepared a list of branches of banks previously located in areas of conflict with Dahesh, and the work of branches in each province, classified according to the bank and according to its symbolic figures, for the purpose of establishing the appropriate mechanism for the reconstruction and operation To serve its customers in the light of the department’s book.

In addition, the Banking Supervision Department directed its letter to the financial transfer companies and exchange companies and to implement the directives of the General Secretariat of the Council of Ministers to address the issue of disbursing deposits to their customers and salaries of their branches and employees working in institutions located in hot spots through their branches located in the most secure areas and according to the mechanism prepared for this purpose.

*He pointed out that “the banking department in the preparation of uncles of the banks in the city of Ramadi to practice its work and inform the Department of the history of its inception and the Ministry of Finance to clarify from the government banks on the possibility of achieving this book, and suggested the Banking Department to wait until the security and logistical security sufficient before the Ministry of Interior (Al-Fallujah, Hit, Rutba), the rehabilitation of its buildings has not been completed, and the governorates of Diyala and Salah al-Din have not been completed. The liberated areas of terrorist organization Daesh safe and stable bank branches have been opened in Diyala, it will open bank branches in Salah al-Din.

The bank pointed out that “the Iraqi banking system has been exposed after the events of June 15, 2014, to a major setback because of the control of gangs calling on three provinces are Nineveh, Anbar and Salahuddin, in addition to important parts of the province of Diyala,” noting that ” 121 branches of government and private banks, including the branch of the Central Bank of Iraq.

He added that “the estimates in light of the latest financial situation of the branches of the banks controlled by a subsidy, estimated at 856 billion dinars, in addition to that about 101 million dollars, and most of these deposits belong to government departments and provincial projects within the budget in 2014, including the assets of the Ministries of Defense And the assets belonging to minority members of Christians, Yazidis, Shabak, Turkomans and all other Islamic sects and sects, in addition to the assets of some small local companies whose owners left these cities because of the war and the occupation of Da’ashi.

The bank added that “the pressure worsened on the banking system after the acquisition of the Kurdistan Regional Government deposits in the branches of the Central Bank belonging to the Ministry of Finance of the region, which is estimated at 5 trillion dinars, about 50 percent to the Iraqi Trade Bank, and the other half to more than 80 branches affiliated Private banks, including branches of foreign banks operating in Iraq. ”
He pointed out that “the organization has taken large sums of money since the imposition of control over large areas of Nineveh in June 2014, as the income of the organization of two billion dollars a year, making it one of the richest organizations at the time,” explaining that “Daash became rich through the sale The oil it gets from Iraq and Syria, while it is not disclosed who buys the oil he steals and urges and smuggles to different countries. “

The bank said that “the daily proceeds of the organization” Dahed “of the sale of illegal oil is about two million dollars for the sale of 30 thousand barrels per day, the price of a barrel of black gold in the organization between 25 – 50 dollars before the decline in oil prices in the period
Past “.

The bank said it had taken precautionary measures to protect the banking and financial sector during the period of control over banks and companies, including stopping branches of banks and non-bank financial companies in the governorates of Mosul, Salah al-Din and Diyala, Anbar and preventing the transfer or supply in foreign currency through the window and stop the subscription Branches of banks and non-bank financial companies in the system of electronic clearing and payment system in general and located in these provinces, in addition to other measures taken by the bank.

Read more: http://www.dinarupdates.com/showthread.php?53118-Central-Bank-Procedures-for-the-rehabilitation-of-banks-in-liberated-areas
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Enorrste (Dinar Guru) – Article: “Governor of the Central Bank of Iraq: expect economic movement in the next stage” …this is opening the door to foreign investment. Quote: “noting that “Iraq will be able to attract foreign investment because of the stability of the security situation and increase the number of investment opportunities.” Therefore…we should expect the dinar to be opened to the world market very soon. There will be no foreign investment without an internationally tradable currency.

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Post RV Checklist (it’s getting to be that time!! Listen up!!)

Dos and Don’ts of Windfall Wealth:

Treat it like a PowerBall win

– Tell no one, not even family. If you must talk, do so with one who is already in the know.

– Don’t run out & buy new “stuff”. People notice.

– Get an unpublished number and give it out very sparingly.

– Get a tax accountant you can trust to make sure the IRS is satisfied (Certified Opinion is something to look into) and pursue asset protection…

Read Complete List: http://www.dinarupdates.com/showthread.php?18519-The-Post-RV-Checklist-and-Flashback-documents&p=128477#post128477

______________________________________________________________

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

Thanks – BGG!!

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Dinar Daily NEWS Blog – August 12th

Posted on August 12, 2017 by BGG

Iraq seeks to strengthen its economy through oil

Memorandums of understanding with neighboring countries and the search for new ways to export

Iraq seeks to strengthen its oil production, which results in the strengthening of the economy in general, through several measures and movements, including the investment of common fields and ensure the provision of huge stocks and the search for new ways to export.

Oil Minister Jabbar Ali al-Allaibi announced Iraq’s keenness to strengthen bilateral relations with neighboring countries and increase the volume of cooperation in all fields, including the oil and gas sector and energy through the conclusion of agreements or memorandums of understanding in order to enhance the state of economic integration between them and achieve the common goals and interests of the countries of the region and contribute to Strengthening its economic, political and security stability.

He said relations with neighboring countries and Arab countries have witnessed a significant positive development in the last few years, including the signing of a series of memorandums of understanding and cooperation with Jordan, Egypt, Kuwait, Saudi Arabia, Iran and others.

Read more: http://www.dinarupdates.com/showthread.php?53253-Iraq-seeks-to-strengthen-its-economy-through-oil
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Trump seeks political change in Iraq, with Abadi as PM – Analyst

The US seeks a major political change in Iraq in the next election, with Haider al-Abadi as Prime Minister, political analyst Wathiq al-Hashimi said on Saturday.

In a press statement, Hashimi asserted that the Trump administration sees that Abadi achieved a major victory against ISIS terrorists and is impressed with his cooperation with the US-led Coalition.

Hashimi further said that Mullah regime seeks to preserve the status quo in Iraq since it is the biggest benefactor from the current situation in the country.

He noted that Nouri al-Maliki and Ammar al-Hakim are Mullah regime’s biggest allies and contribute so much to its agenda in Iraq.

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As we discussed on the last call, they reportedly had much more interest than they had actual bonds to sell during this last offering.

Obviously – we’ll see a follow-up bond offering. However, I would suspect there could be some restraint to this particular action by the IMF, etc, until they are content with Iraq’s compliance.

None of the above is saying the IMF isn’t perfectly satisfied with their progress to date, nor am I saying any of this is directly tied to potential value change. It is merely my view of things.

(The above Tweet and video was courtesy Okie Dinar)

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Read more: http://www.dinarupdates.com/observer/
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Baghdad exhibition .. Gate of construction and reconstruction after the victory

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Read more: http://www.dinarupdates.com/observer
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International Monetary Fund expects positive growth of Iraqi economy in the medium term

The International Monetary Fund (IMF) expects a positive growth of the Iraqi economy over the medium term thanks to improvements in the security situation and the implementation of infrastructure projects.

“Iraq is currently facing a double economic challenge of compensating for the material losses caused by the war against Isis as well as the decline in oil production and prices,” the IMF said in a report.

“Iraq’s real gross domestic product rose by 11 percent in 2016, as a result of a 25 percent rise in oil production, which was not significantly affected by the conflict with Isis at the time,” he said.

The report added that it expects economic activity this year to see no increase due to a 1.5% decline in oil production due to Iraq’s commitment to the agreement of the oil exporting countries (OPEC) and beyond to reduce the level of production because of the very modest recovery of non-oil sectors ”

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Enorrste (Dinar Guru) – Article: “Keywords confirms the existence of a large and promising role for the private sector in the next phase” Quote: “Secretary General of the Council of Ministers d. Mahdi Keywords presence of government plans to give a major role and promising the private sector in Iraq by activating the investment side in the next stage within the sectors of the economy and reconstruction.” I’m with KAP [Guru Kaperoni] on this one. This sort of language doesn’t leave much wiggle room. It seems to me that forces are in play to open the currency to the world before the end of the year. [reference Guru Kaperoni post 7-7-2017]

Read more: http://www.dinarupdates.com/observer/
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Islandg1211 (Dinar Guru) – Today the GOI passed laws related to decentralize government and elections in the provinces. These are important to support the local governments which us apart of the original UN plan to rebuild the country of Iraq as a democracy. So they are complying with the UN sanctions to de-centralize the government. The GOI has actually done something last week and today when they approved the budget amendment. That was a requirement of the IMF, and by passing it, they got the loan installment approval from the IMF’s review. Today’s regional laws help them comply with the UN. So the GOI actual made progress. But, the real need here is a deal with the Kurds. They are coming to Baghdad next week but it’s all about Barzani getting his own country. Also they announced that the budget has been amended and is projected to go from 95% revenue derived from oil down to 85%. That’s an important step to economic diversification that the IMF wanted. [post 1 of 2….stay tuned]

Read more: http://www.dinarupdates.com/observer/
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Click this link to join the DU “private” FaceBook Group…

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

(go here and ask to join… then add some Dinar Friends!!)

______________________________________________________________

Central Bank: Procedures for the rehabilitation of banks in liberated areas

______________________________________________________________

Post RV Checklist (it’s getting to be that time!! Listen up!!)

Dos and Don’ts of Windfall Wealth:

Treat it like a PowerBall win

– Tell no one, not even family. If you must talk, do so with one who is already in the know.

– Don’t run out & buy new “stuff”. People notice.

– Get an unpublished number and give it out very sparingly.

– Get a tax accountant you can trust to make sure the IRS is satisfied (Certified Opinion is something to look into) and pursue asset protection…

Read Complete List: http://www.dinarupdates.com/showthread.php?18519-The-Post-RV-Checklist-and-Flashback-documents&p=128477#post128477

______________________________________________________________

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

Thanks – BGG!!

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Dinar Daily NEWS Blog – August 11th

Posted on August 11, 2017 by BGG

Foreign Minister discusses with UN Secretary-General’s Representative in Iraq the reconstruction of liberated areas

Foreign Minister Dr. Ibrahim al-Jaafari received the Representative of the Secretary-General of the United Nations in Iraq Mr. Jan Kubic at the Ministry’s headquarters. The two sides discussed the latest political and security developments.

The Minister praised the role of the United Nations and humanitarian organizations in the relief of the displaced and provide them with help and support despite the dangers. He also discussed the role of the international community in the reconstruction process of the liberated areas, stressing that Iraq has successfully passed a stage after liberating the cities that were in his grip, It ends because it is a mixture of unthinkable ideas, hatred, and brutality, unparalleled in history. It is aimed at killing a person regardless of his religion, race and gender.

Dr. Jaafari called on the United Nations to play a greater role in mobilizing the international community to provide more assistance and assistance to Iraq to enable it to face the challenges posed by the fight against terrorism. “We look forward to taking courageous decisions in helping Iraq and making courageous decisions in support of Iraq, security and militarily. International efforts, particularly those of the United Nations and its affiliated organizations that have contributed to the alleviation of the crisis of displaced persons.

Read more: http://www.dinarupdates.com/showthread.php?53208-Foreign-Minister-discusses-with-UN-Secretary-General-s-Representative-in-Iraq-the-rec
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Iraq sets a milestone by entering the international market with its first sale of independent bonds

As we discussed on the last call, they reportedly had much more interest than they had actual bonds to sell during this last offering.

Obviously – we’ll see a follow-up bond offering. However, I would suspect there could be some restraint to this particular action by the IMF, etc, until they are content with Iraq’s compliance.

None of the above is saying the IMF isn’t perfectly satisfied with their progress to date, nor am I saying any of this is directly tied to potential value change. It is merely my view of things.

(The above Tweet and video was courtesy Okie Dinar)

___________________________________________________________

Baghdad exhibition .. Gate of construction and reconstruction after the victory

______________________________________________________________

Follow us on twitter @DinarUpdates !!

Dinar Updates – Facebook Live – w/BGG August 11th, 8:00 pm CST Bring your questions!!

www.DinarUpdates.com – save as favorite

_____________________________________________________________

Read more: http://www.dinarupdates.com/observer
_____________________________________________________________

International Monetary Fund expects positive growth of Iraqi economy in the medium term

_____________________________________________________________

Read more: http://www.dinarupdates.com/observer/
_____________________________________________________________

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

Click this link to join the DU “private” FaceBook Group…

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

(go here and ask to join… then add some Dinar Friends!!)

______________________________________________________________

Central Bank: Procedures for the rehabilitation of banks in liberated areas

Read more: http://www.dinarupdates.com/observer/
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The Central Bank prohibits dealing with Iraqi banks with North Korea

Economy News _ Baghdad The central bank called on Wednesday to ban Iraqi banks from dealing with North Korea, citing the UN Security Council resolutions on the prohibition of dealing with them.

“All banks and non-bank financial institutions must take caution and not deal with North Korea in any form of banking or financial transactions,” the bank said in a statement received by the economy.

“This is based on UN Security Council resolutions on the prohibition of dealing with the Democratic People’s Republic of Korea (DPRK),” the bank said.

Read more: http://www.dinarupdates.com/showthread.php?53106-The-Central-Bank-prohibits-dealing-with-Iraqi-banks-with-North-Korea
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Urgent and Important All Authorized Banks Financial Remittance Companies CBI WebsiteUrgent and Important

All Authorized Banks
Financial Remittance Companies
Selling and Purchasing Foreign Currency Mediate Companies
Subject/ WARNING

Individuals and groups have been observed carrying out scams, frauds and blackmail claiming that they have some kind of effect on officials and employees in the central bank or trying to pass specific transactions with forged official authorizations, documents and letters.

We confirm that all allegations presented by those are invalid and not true, and Governor Office should be informed of it immediately whatever the character of the individual or the group. No one to represent or substitute or mediate on behalf of the bank administration and employees in all their levels whatever the relation between them (If it’s true), the central bank is not responsible for whom being neglected and scammed on, since it is fundamentally illegal, rather than what’s required from being careful, caution and investigate the validity of allegations and documentations.

______________________________________________________________

Post RV Checklist (it’s getting to be that time!! Listen up!!)

Dos and Don’ts of Windfall Wealth:

Treat it like a PowerBall win

– Tell no one, not even family. If you must talk, do so with one who is already in the know.

– Don’t run out & buy new “stuff”. People notice.

– Get an unpublished number and give it out very sparingly.

– Get a tax accountant you can trust to make sure the IRS is satisfied (Certified Opinion is something to look into) and pursue asset protection…

Read Complete List: http://www.dinarupdates.com/showthread.php?18519-The-Post-RV-Checklist-and-Flashback-documents&p=128477#post128477

______________________________________________________________

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

Dinar Daily NEWS Blog – August 10th

Posted on August 10, 2017 by BGG

Iraq sets a milestone by entering the international market with its first sale of independent bonds

BGG ~ While staying away from gross generalizations, it would appear they are deep within the “process” of being re-engaged with world economies… even if they aren’t being “officially recognized” just yet.

As we discussed on the last call, they reportedly had much more interest than they had actual bonds to sell during this last offering.

Obviously – we’ll see a follow-up bond offering. However, I would suspect there could be some restraint to this particular action by the IMF, etc, until they are content with Iraq’s compliance.

None of the above is saying the IMF isn’t perfectly satisfied with their progress to date, nor am I saying any of this is directly tied to potential value change. It is merely my view of things.

(The above Tweet and video was courtesy Okie Dinar)

___________________________________________________________

Baghdad exhibition .. Gate of construction and reconstruction after the victory

______________________________________________________________

Follow us on twitter @DinarUpdates !!

Dinar Updates – Facebook Live – w/BGG August 11th, 8:00 pm CST Bring your questions!!

www.DinarUpdates.com – save as favorite

_____________________________________________________________

Read more: http://www.dinarupdates.com/observer
_____________________________________________________________

International Monetary Fund expects positive growth of Iraqi economy in the medium term

_____________________________________________________________

Read more: http://www.dinarupdates.com/observer/
_____________________________________________________________

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

Click this link to join the DU “private” FaceBook Group…

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

(go here and ask to join… then add some Dinar Friends!!)

______________________________________________________________

Central Bank: Procedures for the rehabilitation of banks in liberated areas

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

The Central Bank prohibits dealing with Iraqi banks with North Korea

Economy News _ Baghdad The central bank called on Wednesday to ban Iraqi banks from dealing with North Korea, citing the UN Security Council resolutions on the prohibition of dealing with them.

“This is based on UN Security Council resolutions on the prohibition of dealing with the Democratic People’s Republic of Korea (DPRK),” the bank said.

Read more: http://www.dinarupdates.com/showthread.php?53106-The-Central-Bank-prohibits-dealing-with-Iraqi-banks-with-North-Korea
_____________________________________________________________

Urgent and Important All Authorized Banks Financial Remittance Companies CBI WebsiteUrgent and Important

All Authorized Banks
Financial Remittance Companies
Selling and Purchasing Foreign Currency Mediate Companies
Subject/ WARNING

______________________________________________________________

Post RV Checklist (it’s getting to be that time!! Listen up!!)

Dos and Don’ts of Windfall Wealth:

Treat it like a PowerBall win

– Tell no one, not even family. If you must talk, do so with one who is already in the know.

– Don’t run out & buy new “stuff”. People notice.

– Get an unpublished number and give it out very sparingly.

– Get a tax accountant you can trust to make sure the IRS is satisfied (Certified Opinion is something to look into) and pursue asset protection…

Read Complete List: http://www.dinarupdates.com/showthread.php?18519-The-Post-RV-Checklist-and-Flashback-documents&p=128477#post128477

______________________________________________________________

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

Dinar Daily NEWS Blog – August 9th

Posted on August 9, 2017 by BGG

Central Bank: 20 financial transfer companies turned into banks

The director of the Central Bank’s accounts department, Ihsan Shamran, said that the government has drained the resources of Al-Rasheed and Rafidain banks, adding that 20 financial transfer companies have become banks.

“The government has drained the resources of Al-Rasheed and Rafidain banks and borrowed from them 25 trillion dinars to cover the salaries of companies,” Shamran said in an interview with the satellite “Iraqi News” and his “Economic News”, adding that “Al-Rasheed Bank and Rafidain did not offer anything because of lack of liquidity.”

He explained that “20 companies converted to the financial banks,” pointing out that “the draft Central Bank granted 6 trillion dinars to banks aimed at reducing the unemployment rate and stimulate the economy.”

He pointed out that “this project faced many challenges, including the lack of granting loans to citizens,” noting that “the only housing fund, which spent its share of more than one trillion dinars.”

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Follow us on twitter @DinarUpdates !!

Dinar Updates – Facebook Live – w/ BGG – Aug 11th, 8:00 PM CST

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The Iraqi Trade Bank: The global market has begun to trust the future of Iraq’s economy

The Iraqi Bank of Commerce announced on Wednesday that the global market began to trust the future of Iraq’s economy after the issuance of the country’s bonds worth one billion dollars.

The Iraqi Bank for Trade in a press statement received “the economy News” a copy of it, “The issuance of bonds issued by Iraq worth one billion US dollars in the global market exceed several billion and strong requests exceeded seven times the amount required.”

He added that “the Iraqi Trade Bank announces the success of his participation as director of issuance in the process of international public offering of the Iraqi Republic for the first time, where the Iraqi government issued bonds worth one billion US dollars in the global market for five and a half years and a price of 100% and a return of 6.75%.

“Citibank, JPMorgan and Deutsche Bank have been key managers in the bond issuance process. The Iraqi Trade Bank has participated as co-manager,” he said, noting that “the bond was rated B-Stable by companies Fitch Ratings and S & P. Bonds are also expected to fall within the Irish stock market. ”

He pointed out that “the Iraqi government has organized with the banks that manage the issuance of bonds a number of comprehensive offers in London, Boston and New York and received a positive attention by investors from global investment funds, and proceeds of the IPO value of what was on the market more than seven times the amount required “He said.

“We are honored to be the co-directors of the one billion dollar bond issue for the first time by the Iraqi government,” said Faisal Al-Hims, director of the Iraqi Trade Bank, in the press release.

“We are pleased with the positive result we have received from the global capital market, where the proceeds of the subscription exceeded several times what was on the table, reflecting the confidence of the global capital market in the economic future of Iraq.”

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Read more: http://www.dinarupdates.com/observer/
_____________________________________________________________

Read more: http://www.dinarupdates.com/observer/
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Central Bank: Procedures for the rehabilitation of banks in liberated areas

Read more: http://www.dinarupdates.com/observer/
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The Central Bank prohibits dealing with Iraqi banks with North Korea

Economy News _ Baghdad The central bank called on Wednesday to ban Iraqi banks from dealing with North Korea, citing the UN Security Council resolutions on the prohibition of dealing with them.

“This is based on UN Security Council resolutions on the prohibition of dealing with the Democratic People’s Republic of Korea (DPRK),” the bank said.

Read more: http://www.dinarupdates.com/showthread.php?53106-The-Central-Bank-prohibits-dealing-with-Iraqi-banks-with-North-Korea
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Urgent and Important All Authorized Banks Financial Remittance Companies CBI WebsiteUrgent and Important

All Authorized Banks
Financial Remittance Companies
Selling and Purchasing Foreign Currency Mediate Companies
Subject/ WARNING

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Post RV Checklist (it’s getting to be that time!! Listen up!!)

Dos and Don’ts of Windfall Wealth:

Treat it like a PowerBall win

– Tell no one, not even family. If you must talk, do so with one who is already in the know.

– Don’t run out & buy new “stuff”. People notice.

– Get an unpublished number and give it out very sparingly.

– Get a tax accountant you can trust to make sure the IRS is satisfied (Certified Opinion is something to look into) and pursue asset protection…

Read Complete List: http://www.dinarupdates.com/showthread.php?18519-The-Post-RV-Checklist-and-Flashback-documents&p=128477#post128477

______________________________________________________________

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

Thanks – BGG!!

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Dinar Daily NEWS Blog – August 8th

Posted on August 8, 2017 by BGG

Political Reform in Iraq

What was almost the atmosphere of the great military victory in Mosul receded a little, until the withdrawal of political conflicts filled the skies of Iraq and its territories from north to south, he hoped to open the sacrifices and the efforts of the great fighters a window of political thinking to deal with the crises of Iraq in a new spirit puts national interests above all considerations This means concessions on party and factional interests, and serious thinking about leaving the political methods of action that have brought the country to what it is.

A political victory would be followed by military victory because the political class was not yet ripe to deal with existing problems in a way that seeks reform rather than rhetoric, and not a form. All sides realize that the reform of the country begins with the reform of the political system which suffers from stalemate, And prevents the adoption of reform decisions necessary to address the problems of a hundred years, and despite the complaint of everyone and the crowded political street ideas and projects with large headlines and general principles, but a clear road map and major steps were not cut due to the political mind and the intersection of interests and accounts of profit and loss T controls the mentality of the parties of the parliament and the political forces holding the audience.

Read more: http://www.dinarupdates.com/showthread.php?53072-Political-Reform-in-Iraq
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Dollar exchange rates in the markets of Baghdad and Erbil Tuesday morning

The exchange traded in Baghdad and Erbil dollar exchange rates against the Iraqi dinar, on Tuesday (August 8, 2017), as follows:

Baghdad:
Selling price / $ 100 = 126,500 Iraqi Dinar
Purchase price / $ 100 = 125,500 Iraqi Dinar

Erbil:
Selling price / $ 100 = 126.750 Iraqi Dinar
Purchase price / $ 100 = 125.750 Iraqi Dinar

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Read more: http://www.dinarupdates.com/observer/
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Abbadi heads the Ministerial Energy Committee meeting

Head of Prime Minister Haider Abadi, Monday, ministerial Energy Committee meeting, been taking instructions regarding the use of gas as a fuel for transport vehicles.

According to a statement by the Prime Minister’s Office, received/balance news/copy, “Abadi said Monday’s head,” Energy Committee meeting, stating that “the Committee had discussed the service contracts and distribution sector revenue and check them, and continue to transmit the rest areas to provide constant power to the citizens.”

He added, “the Committee discussed key petrochemical beacon project constraints and investment guidance about him, in addition to approve the request of the Ministry of industry and minerals change the assignment of contract processing of secondary stations pls to MEW of the General company for electrical and electronic industries company to the Public Ministry’s Zora.

And the statement that “the Committee also discussed a proposal to explore and develop patches and fields of the Ministry of oil, in addition to industrial water treatment unit,” he was taking instructions regarding the use of gas as a fuel for transport vehicles, besides showing recommendations workshop to examine the fuel conversion coefficient of black oil to gas. ”

Read more: http://www.dinarupdates.com/showthread.php?53018-Abbadi-heads-the-Ministerial-Energy-Committee-meeting
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Read more: http://www.dinarupdates.com/observer/
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Keywords: the next stage will witness economic victories

Image result for Baghdad construction Through the trend towards construction and reconstruction of Baghdad / Hussein after Iraq has proved to the world enraptured images and values of the human and moral waiting to prove an economic victory over the construction and reconstruction during the next phase, and that the new role requires concerted efforts combined to support reconstruction, which should banks be the cornerstone in this matter and doing very well through their sophisticated technology.

These words were Governor of the Central Bank and the Association of Banks during the ceremony organized by the International Islamic Bank on the occasion of victory over the “Daesh” terrorist and the granting of a certificate of ISO International Bank , which is the financial success of our sector. Page task Central Bank Governor Dr. Ali Keywords said that Iraq has proved the finest images triumphs of the world and move human values before the weapon , and so was the pride in the battle that will retain its history, pointing out that the new role is to address the building and reconstruction and succeed in this page task.

We cherish that Iraq has the power and energy that will enable the country to economic advancement, and in the financial sector , we note the progress and innovation, urging young people to be more distinctive and characterize their ability to capture sophisticated information, asking the banking sector to be the first among the country ‘s institutions in the use of advanced technology, and must speed in the use of technologies.

Read more: http://www.dinarupdates.com/showthread.php?52250-Central-Bank-We-worked-with-the-government-to-give-confidence-to-the-private-banking
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Central Economic and victory

Dr.. On behalf of the Patriarchs In his comment exhibition on the paper presented by the Governor of the Central Bank within a seminar held in Baghdad, Prime Minister for Financial Affairs Acanutormzar adviser Mohammed Saleh he said that the central bank contributed to the victory over Daesh through its success in achieving financial and monetary stability in the country during the period of military confrontation and thus maintain the level standard of living of the citizen, as well as it lent the government (indirectly) more than twenty trillion dinars.

He added adviser said the central bank had two choices : the first is to maintain internal independence towards the government finances and the failure to provide any financing to the government through the secondary market, which could have created a major financial crisis , and the second option to sacrifice its independence in order to maintain the stability of the financial situation and not to collapse, has Central preferred the second option in order to achieve stability.

Although this is still some singing charges for central without taking into account the state of war that call for providing the most important on important, some of them wonder about the central refusal to provide funding to the previous government, simply I think that the previous government requested funding has owned a financial surplus and a far cry between the two cases and, by contrast to imagine what it could be the case if the government was unable to pay the employees ‘ salaries?!.

Some say that the government withdrew from the bank reserve, and to clarify say: that the central reserve of foreign currency is not the government reserves last because to be the Ministry of Finance, as the government did not withdraw from the central reserve and it is permissible, and the central reserve changes linked to the first two factors is demand on the dollar , which is derived from the demand for imported goods and services generated by public spending.

The second issue is presented dollar (sold from the Ministry of Finance to the Central to buy the dinar), depending on the dollar revenues received by the government from oil which are affected by the quantity and price and when it drops one or both decreasing size of the reserve, and therefore the reserve is linked to public finances of the state.
Here we must recognize the central successfully during the crisis in maintaining the size of the reserve in accordance with the internationally accepted standards as well as the installation of financial stability contributed to the achievement of economic victory.

Read more: http://www.dinarupdates.com/showthread.php?52241-Central-Economic-and-victoryith-a-global-company-to-determine-the-extent-of-damage-in-liberated-c
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Post RV Checklist (it’s getting to be that time!! Listen up!!)

Dos and Don’ts of Windfall Wealth:

Treat it like a PowerBall win

– Tell no one, not even family. If you must talk, do so with one who is already in the know.

– Don’t run out & buy new “stuff”. People notice.

– Get an unpublished number and give it out very sparingly.

– Get a tax accountant you can trust to make sure the IRS is satisfied (Certified Opinion is something to look into) and pursue asset protection…

Read Complete List: http://www.dinarupdates.com/showthread.php?18519-The-Post-RV-Checklist-and-Flashback-documents&p=128477#post128477

______________________________________________________________

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

Thanks – BGG!!

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Posted in Daily Dinar Updates | Tagged Dinar, Dinar Chat, dinar detectives, Dinar Guru, dinar gurus, Dinar Info, Dinar News, dinar recaps, dinar recaps blog, Dinar RV, dinar value, dinar vets, IQD, Iraqi Dinar, Observer, Recaps, Revaluation, Updates, VND | Comments Off

Dinar Daily NEWS Blog – August 7th

Posted on August 7, 2017 by BGG

Association of Private Banks: Banks are working on issuing four million bank cards

The Iraqi Private Banks Association announced on Monday that Iraqi banks are currently working on issuing four million bank cards.

The Executive Director of the Association of Private Banks, Ali Tariq, in an interview with “Economy News”, “The banks operating in Iraq are currently working on the issuance of four million bank cards and put them on the market,” adding that “the world will see in the coming years, Using electronic cards in daily transactions. ”

He stressed that “the issue of bank cards is of great importance after the opening in the society and the expansion of the banking culture of the citizen,” explaining that “the Association of private banks will establish several courses for bankers on the development of their capabilities in dealing with bank cards.”

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Follow us on twitter @DinarUpdates !!

Dinar Updates – Conference Call – with BGG & Company – August 8th, 8:00 PM CST Phone # 641-715-3640 PIN# 528733

www.DinarUpdates.com – save as favorite

______________________________________________________________

Post RV Checklist (it’s getting to be that time!! Listen up!!)

Dos and Don’ts of Windfall Wealth:

Treat it like a PowerBall win

– Tell no one, not even family. If you must talk, do so with one who is already in the know.

– Don’t run out & buy new “stuff”. People notice.

– Get an unpublished number and give it out very sparingly.

– Get a tax accountant you can trust to make sure the IRS is satisfied (Certified Opinion is something to look into) and pursue asset protection…

Read Complete List: http://www.dinarupdates.com/showthread.php?18519-The-Post-RV-Checklist-and-Flashback-documents&p=128477#post128477
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Adam Montana (Dinar Guru) – [what is your take on their statement of establishing the National Oil Company and then doing the HCL?] I don’t think the National Oil Company is a prerequisite to move forward on the HCL. [If the Kurdish separate from Iraq, will they still use the Iraq Dinar? Whats your opinion how this would effect our investment?] It’s my opinion that will never happen.

Read more: http://www.dinarupdates.com/observer/
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G-Lin (Dinar Guru)- “In a letter sent by the International Monetary Fund, congratulated the Central Bank of Iraq, the Ministry of Finance and the Prime Minister’s Office on the success of the second audit consultation on the Credit Standby Agreement, which came after Implement the programs and financial and monetary targets and put them in a framework that provides for the financial stability of Iraq and meet the financial and security challenges.” However, this says they will have a third review in Sept. on Iraq’s monetary policy. That’s unusal and I like it.

Read more: http://www.dinarupdates.com/observer/
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Bruce (Dinar Guru) – What we are hearing from Iraq’s point of view is they were going to have the IMF meeting in Iraq today [Tuesday]… I do know that things have occurred over there with the Iraqi citizenry where they do have a new rates and do have their new Qi cards which I refer to they have a share of the oil and gas exploration revenue on those cards. …Today this morning for the citizens in Iraq, those cards were live and accessible. They were able to access those funds at the new rates… That has to tell us that we are very close. …I think the IMF meeting was an overall success. I believe what Iraq needed to do is present their rate to the IMF today and I believe they did that successfully. I believe they had that rate approved today.

Read more: http://www.dinarupdates.com/observer
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Abbadi heads the Ministerial Energy Committee meeting

Head of Prime Minister Haider Abadi, Monday, ministerial Energy Committee meeting, been taking instructions regarding the use of gas as a fuel for transport vehicles.

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Team – Together Everyone Achieves More
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Qualifications passed 45 articles of the provincial elections law: Jubouri committed 5 irregularities

A parliamentary source revealed on Monday that Parliament Speaker Salim al-Jubouri committed five violations of the rules of procedure of the parliament in the voting session on the provincial elections law.

The source, who asked not to be named, told “Al-Ghad Press” that “Jubouri had agreed with the political blocs to pass the articles in accordance with the amendments that he wishes, in violation of the rules of procedure,” noting that the first offense is to re-vote on Article 12, And went to the proposal of the third amendment immediately (1.7) and did not start to vote on the first proposal (1.4).
He added that “the second violation is the proposal of the Legal Committee on the paragraph amendment of one of the articles during the session, and the rules of procedure provides that the proposed amendment to be drafted before the 24 hours of the vote session at least,” noting that “the third violation was the opening of the Speaker of Parliament to debate during Vote on the articles of the law, a blatant discussion. ”

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Read more: http://www.dinarupdates.com/observer/
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Minister of Justice to study the possibility of opening offices of the Inspector General in the provinces

The Minister of Justice, Haider Zamili, on Monday, to examine the possibility of opening sub-offices of the Office of the Inspector-General in various provinces in addition to its headquarters in the ministry.

A statement issued by the ministry said that “in view of the urgent need for the existence of proper monitoring bodies to follow up the work of the judicial departments in different regions and follow up the completion of transactions of citizens properly and legally as soon as possible, the Minister of Justice to study the possibility of opening sub-offices of the Office of the Inspector General in various provinces.”

He added that “the previous period was discussed with the Integrity Commission on the conclusion of a memorandum of cooperation in the fight against corruption and the dissemination of a culture of integrity in all joints of the ministry and the various regions of the country and the cooperation of all state institutions to achieve this purpose.”

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MilitiaMan (Dinar Guru) – Article quote: “to achieve the goal of maintaining the exchange rate and ensure the use of foreign currency out of order to meet the needs of the economy and market and development and non-directed to non-purposes; ” There is a meeting with the IMF on 08/01/2017 if I am not mistaken. A one in regard to Article IV with Iraq. The article above speaks volumes of what has been done over the preceding two years. Not just one year. I believe this has to do with Article VIII… They have been working to maintain the exchange rate of the Dinar against Foreign Currency to cover imports entering Iraq while maintaining their independence under law. They go on to say that they are (imo) effectively ceasing MCPs (Multi Currency Practices) not supported or at least if are supported by the IMF, they are under the guidance of the IMF when doing so and would be short lived if even relevant. [post 1 of 2….stay tuned]

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MilitiaMan (Dinar Guru) – They have all the mechanisms in place to facilitate trade to serve their national economy from the looks of things. They have mediation in order to be prepared for typical disputes in trade at borders. Basically, they are fully ready, if not already INTERNATIONAL and by all means! They are telling us they are going to contribute to GDP by having implemented monetary policy for sustainable development. They are telling us the Central Bank has facilitated procedures and controls, became transparent in disclosures in regard to maintaining their exchange rate. Ya buddy… This meeting with the IMF is not about what needs to be done, it is done! It must be about dotting I’s and Crossing T’s, and atta boyz and girlz, for a job well done! imo. [post 2 of 2]

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Adam Montana (Dinar Guru) – My optimism in this venture is not waning, nor is it diminished even slightly. We have nothing but positives to consider at the moment. The cold hard truth is this: Iraq had a long road to travel. They have stood the test of time, they have marched forward through amazing troubles, and they are still heading in the “right” direction. But at no time in history, and at no time in the future, will they EVER tell us the “date” that they will do what they are bound to do at some point. At some point, they will raise the value. This is undeniable. But if they will do it tomorrow, or next Tuesday, or in a month or a year? We will never know that. I am going to say something with absolute conviction right now. This is absolute, no possible way to refute it, it is ABSOLUTE just like gravity pulls you towards the earth. With all my connections, with my decades of international communication and (I don’t even know how many airmiles) of travel, my past and present work and friendships with bankers, CEOs, politicians and more… I will tell you this… [post 1 of 2….stay tuned]

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The first investment conference Diyala miscellaneous

The subsidiary Investment Committee Chairman in the House of representatives he bet on schedule on 18-19 this month for the first investment conference Diyala in coordination and cooperation with national investment Corporation.

He said in a statement to kill every agency Iraq [where] a copy that he met Mr Sami Al-araji, Chairman of the national investment and investment conference were agreed first to Diyala province, which will include viewing investment opportunities for various sectors [service, industrial, commercial, agricultural, health, housing, infrastructure] “indicating that the” Committee formed to prepare for the Conference completed all ready. ”

“The only solution is investment oriented to promote the service and urban realities for conservation and financing new projects in infrastructure and create jobs for young people, especially in light of falling oil prices and the absence of a general balancing of the State to finance these projects, maintenance and in the last three years did not receive any payments under the general budget, suspending all projects and the inability to maintain citizens ‘ service needs with increased population growth adds to the widespread unemployment among young people.”

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Kaperoni (Dinar Guru) – Article: “Governor of the Central Bank of Iraq inspected the headquarters of the International Development Bank” They clearly seem to be getting ready for international banking!

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RayRen98 (Dinar Guru) – The CBI talked about economic reforms in the next few days, and said that they would lose IMF support if they didn’t get it done! We haven’t had confirmation of lower denominations. IT was said that the supplementary budget had to be passed first, and we understand that when it is passed, the rest will appear in the next few days. Over the weekend, we were told that the budget was approved and it should show up in the Gazette on Wednesday. Iraq has a meeting …1. August with the World Bank about their 580 billion dollar loan, and reforms must be in place before that time. The CBI has submitted their paperwork to the World Bank, and I guess we are waiting for the IMF and World Bank to sign off on it. So we are looking for this to unfold prior to August 1, or on August 1. We’re feeling pretty good about the 1. August, or before, unless something unforeseen happens. It looks like we are at the end of this ride, based on the information.

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

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The greatest stimulus of mankind is freedom. – Paul Ryan

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Parliament votes on 46 articles of the draft provincial elections law (expanded)

Parliament votes on 46 articles of the draft provincial elections law (expanded)

(Baghdad: Al-Furat News) Voice of the House of Representatives in its 12 ordinary session held under the chairmanship of Salim al-Jubouri, the President of the Council and the presence of 212 deputies on Monday on the draft article 46 provincial elections and districts, and postponed the questioning of the Minister of Commerce and Agency to the next meeting.

At the beginning of the session, Jubouri presented a statement by the Information Department of the House of Representatives received the agency {Euphrates News} a copy of it today, “thanks to the heads of parliamentary blocs and committees for their keenness to discuss the draft law provincial and district elections during the meeting held yesterday to ensure the building of state institutions and what interests All, pointing out that the deputies sought to achieve consensus within the legislative institution and serve the interests of the people.

He praised the Jubouri, according to the statement on “the meeting held by the Legal Committee with the Ministers of Defense, Interior and Justice and the National Security Adviser to discuss some draft laws, including amending the amnesty law,” noting the “importance of such meetings to coordinate positions between the Council and the competent ministries,” and thanked ” Khudari to submit proposals for the draft provincial elections law. ”

Read more: http://www.dinarupdates.com/showthread.php?53009-Parliament-votes-on-46-articles-of-the-draft-provincial-elections-law-(expanded)
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Image result for Baghdad construction

Keywords: the next stage will witness economic victories

Through the trend towards construction and reconstruction of Baghdad / Hussein after Iraq has proved to the world enraptured images and values of the human and moral waiting to prove an economic victory over the construction and reconstruction during the next phase, and that the new role requires concerted efforts combined to support reconstruction, which should banks be the cornerstone in this matter and doing very well through their sophisticated technology.

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Iraqi private banks association: We seek to open up prospects for cooperation with foreign and US banks are particularly

The Minister of Economic Affairs at the US Embassy Larry Mimut on Wednesday, the banking sector , the most important one of the main reasons for the development of the Iraqi economy, and we will work with those who support it to develop, as Iraqi banks are encouraged to open relations with the US private banks association, and at the time indicates the International Development Bank, that many of the Iraqi private banks in compliance with international standards, and is ready to open accounts with banks in foreign correspondence because of its unique cadre of integrated services, has accused the Bank of Baghdad administration, government banks acquired the banking business in Iraq because of policies The government supported the banking sector account.

This was during a panel discussion held by the Iraqi Association of private banks at its headquarters included both the representative of the Central Bank of Mazen morning and the representative of the Union of Arab Banks Khawla al – Asadi and a member of the Committee on Economy Parliamentary Mahdi Al – Hafiz and managers of private and government banks and heads of branches of Arab and foreign banks operating in Iraq with the Minister Plenipotentiary for Economic Affairs Embassy American Larry Mimut, in addition to the representative of the US Treasury in Iraq, with the aim of opening a new page of relations with foreign banks, particularly US banks.

The Iraqi Association of private banks in a statement after the meeting got (range) , a copy of ‘The aim of this dialogue session is to open a new page of relations with foreign and specifically with US banks banks’, where he formed a committee chaired by the representative of the Central Bank, as agreed the formation of a delegation comprising government and private banks to visit the United States and establish strong relationships with correspondent banks and the US specifically. ‘

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Kaperoni (Dinar Guru) – Article: “Central announces solutions to avoid a shortage of dollar “deviation” in the price of holidays” They should have been doing this all along. Taking days off allows for the spread to increase due to a shortage. I would guess the IMF had a hand in this to get them to start attempting to get in compliance…and the CBI trying to minimize losses by only holding auctions on a schedule. But the reality is the fix is not to conserve dollars, it is to weed out the corruption.

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Map: Tal Afar in the sight of Iraqi forces

On Wednesday, the Military Information Cell published a new map of the province of Nineveh, showing the remains of Daish in Tal Afar district.

The map shows the black areas controlled by Ta’ash, which are part of Tal Afar, green areas showing Iraqi forces’ control, and red areas that are considered as clash zones.

On Monday (July 10th), the prime minister of the armed forces, General Haider al-Abadi, announced the lifting of the flag of victory in Mosul and its liberation from the terrorist.

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Frank26 (Dinar Guru) – [Do you know when the MasterCard message was added to the Rafidain bank website?] YESTERDAY. [Did they initiate the RV process on Friday or Saturday?] NANO SECONDS AFTER MOSUL. [how will the [RV] launch be revealed?] ONLY BY THE CBI POSTING THE NEW RATE NOTHING ELSE COUNTS. [IYO, Does Iraq have the capacity and capability to withhold from posting a new trade-able rate on the CBI W/S (if they choose to), for an agreed or negotiated period of time?] YES! [When do you expect the rate to change?] IMO THIS YEAR. IMO EVERY SECOND HAS POTENTIAL NOW.

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Islandg1211 (Dinar Guru) – Eight months ago, I posted that we would need to see in this order before the RV…the following:
1) Mosul Liberated, Announcement by Abadi, and a Celebration. Done.
2) Agreement with Kurds, including oil and territory settlement, then finally the HCL will be in position to be passed by the GOI. (Kurds, including Barzani and the oil minister from Baghdad meet today…) Getting Done.
3) CBI re-educating citizens on the deletion if the three zeroes (we are seeing the payments in country with e-dinars, CBI website upgraded to BIS), and finally
4) Iraq being compliant with Article VIII with the IMF and 5 – UN lifting sanctions and the RV.
The IMF is meeting with Iraq in DC this week. The UN came out a couple of days ago and told Iraq they need to be Article VIII compliant/RV. The lynchpin to the RV, now that Mosul has been declared liberated by Abadi, the Kurds and Baghdad finalizing the HCL agreement. Barzani wants independence, and this agreement is going to have to allow for that contingency in order to get him to sign off on it. [post 1 of 2….stay tuned]

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Delta (Dinar Guru) – …the CBI has to move forward. The media … just like we predicted … as soon as they get Mosul … speed of light. Right away the media has been jumping the gun on talking about the economy, etc. ..the CBI…we’ve known since January they been wanting to pull the trigger. The next 24-48 hours is going to be very interesting.

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Central Economic and victory

ith-a-global-company-to-determine-the-extent-of-damage-in-liberated-c
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BGG (Dinar Guru) – …I half way didn’t expect them to do this..but folks this is real. They are going to turn over the last bit of whatever is remaining in those funds…the food for oil program to Iraq and they are recognizing them as a country. They are not talking about letting them out of Chapter VII and it’s not even under chapter VII. This is Chapter VII charter. It’s a protection program. Looks like to me they had the meeting in 3 minutes and they put their rubber stamp on it and it’s over. It’s not the end of the security file…it’s the end of that particular program. There’s one more log on the fire. [post 2 of 2]

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“Flash Cast LIVE” – Tuesday (the 21st) w/BGG

Click here for Video Replay

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Iraqi Dinar/Dollar auction 06-21-17 (most recent listing)

Currency Auctions Announcement No. 3470

This daily currency auction was held in the Central Bank of Iraq on the 06-21-2017

DETAILS	NOTES
Number of banks	39
Number of remittance companies	10
Amount sold at auction price (US$)	159,617,756
Amount purchased at Auction price (US$)	—–
Total offers for buying (US$)	159,617,756
Total offers for selling (US$)	—–

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

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CURRENCY	CODE	SELL	BUY
US dollar	USD	1184.000	1182.000
Euro	EUR	1325.962	1325.299
British pound	GBP	1515.757	1514.999
Canadian dollar	CAD	895.884	895.436
Swiss franc	CHF	1219.613	1219.003
Swedish krona	SEK	135.962	135.894
Norwegian krone	NOK	140.286	140.216
Danish krone	DKK	178.289	178.200
Japanese yen	JPY	10.663	10.657
Special Drawing Rights	SDR	1636.868	1636.050

Indicative rates – 06.21.2017

http://www.cbi.iq

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Dinar Daily NEWS Blog – August 6th

Posted on August 6, 2017 by BGG

Abadi: Iraq remains and triumphs and radiates hope to others

BAGHDAD, Iraq – Prime Minister Haider al-Abadi said on Saturday that the advisory fatwa was turned into a victory fatwa, after the sons of the country responded to the fatwa of the religious authority Ali al-Sistani, explaining that Iraq remains and triumphs and radiates hope to others

The victory makers are the martyrs, the wounded and the fighters, as well as the engineering effort, the medical effort, the air force and other tanks a statement from the media office of Abadi said.

We have won and we will continue the journey of victory, and everyone should not listen to the stingy voices We will not allow them to take us back to square one the statement said.

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Read more: http://www.dinarupdates.com/observer/
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Read more: http://www.dinarupdates.com/observer
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International Monetary Fund confirms Iraq’s commitment to the reforms required by the Second Review of the Credit Standby Agreement

Alsumaria News / Baghdad The International Monetary Fund (IMF) on Wednesday confirmed Iraq’s commitment to the reforms required in the second review of the credit standoff agreement, adding that this will pave the way for the third review, which will start in September.

The Central Bank of Iraq in a statement received, Alsumaria News, a copy of it, “The International Monetary Fund congratulated the Central Bank and the Ministry of Finance and the Prime Minister on the success of the second audit consultations and the Convention on credit readiness after the implementation of programs and financial and monetary targets and placed in a framework that provides financial stability for Iraq and face Financial and security challenges “.

He added that “the program includes a set of reforms and goals have been committed to the interest of Iraq, and the latest supplementary budget approved by the House of Representatives in record time, which showed the keenness of the legislative and executive authorities on the plan and programs of reform.

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The stream of wisdom is making fundamental changes in its leadership: Alaa Moussawi is responsible for the Electoral Office

Announced the stream of national wisdom headed by Ammar al-Hakim, on Monday, the changes in his leadership and the development of the site of the Secretary of the wisdom stream for each province, pointing to the appointment of the leader of the current Alaa al-Musawi, an official of the Electoral Office.

A statement by the current received by “Al-Ghad Press” a copy, “The Executive Office of the stream of wisdom held two consecutive meetings in the presence of all members, on 30 and 31 July 2017.”

He added that “the meeting reached a number of important decisions, first to develop the site (Secretary of the National Wisdom Stream) for each province, which is linked to all organizational joints and institutions and is directly responsible for the province.”

The statement pointed out that “the second decision is to name Hassoun al-Fattalawi responsible for the organization of the current national wisdom in Iraq, replacing Alaa al-Moussawi and Baligh Abu-Ghal,” indicating “naming Alaa al-Moussawi as director of the electoral office of the stream of wisdom successor to Mohammed al-Shammari.”

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Read more: http://www.dinarupdates.com/observer/
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Central Bank: Our financial situation is good for four years to come even as oil prices do not recover

The central bank explained that the reserve of gold that it has, is part of the cover of the national currency, and its function is not the transition time hard to dollars to strengthen the budget as some believe, and stressed by saying, it is not practical to liquidate that reserve and convert it to the dollar in front of any financial problem passes Said that even if Iraq does not recover oil prices, its financial position will be good for four years to come. An economist confirmed that the central bank has good reserves and does not raise the burden of deductions from the citizen, as some believe, indicating that the reserve is used to finance imports. Not for domestic spending This is the case in all countries of the world.

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Petroleum products distribution company: Investment refineries in the Kurdistan Region provided alternatives to refinery Baiji

General Manager of Oil Products Distribution Company Ali Abdul Karim Al Moussawi

Ruudao, Baghdad The director general of oil products distribution company Ali Abdul Karim al-Musawi said on Thursday that the investment refineries in the Kurdistan region were the best alternative to the processing of oil derivatives after the exit of Baiji refinery for service.

“The Baiji refinery, which supplies Iraq with about 45 percent of the oil derivatives, has not been an obstacle to the processing of the provinces because of the available alternatives, which were the investment refineries in the Kurdistan Region as well as the derivatives imported,” Moussawi told the network.

He was able to organize a bid to take control of Baiji refinery (40 kilometers north of Tikrit, Salah ad Din province) in April 2015. Baiji refinery witnessed bloody fighting between the Iraqi forces and the organization Daqash, which led to serious damage and stop service.

Al-Moussawi confirmed that the oil products distribution company started to equip generators with derivatives according to the support of Iraqi provincial councils. Explaining that the company relies on monthly or annual periodic reports to consider the validity of generators.

He also pointed out that the company distributes oil products will depend on the distribution of oil rations to the citizen monthly to provide stocks before the winter to avoid the occurrence of crises.

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

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The greatest stimulus of mankind is freedom. – Paul Ryan

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Oil: We seek to increase production of refineries and reduce imports to provide hard currency to the state treasury

Baghdad / Range Oil Minister Jabbar Ali al-Allaibi said in a statement that the ministry has developed large plans to develop production in Iraqi refineries and increase and improve production units to meet the local need of oil derivatives and reduce imports and provide hard currency to the federal treasury of the country.

The ministry said that the ministry has large projects to establish several refineries in the south, center and north of the country, and has offered to invest during this year, to produce more than one million barrels of oil derivatives to reach self-sufficiency of oil products and export surplus, which will increase the financial revenues of the state .

The statement also pointed out that the minister instructed the increase of production capacity of Najaf refinery to 50 thousand barrels per day, during the visit of the minister to the province of Najaf and meet with officials, while the spokesman of the ministry Asim Jihad during the statement, that the Minister of Oil also instructed the addition of new production units card 20 Thousand barrels to the current capacity of the refinery of Najaf, amounting to 30 thousand barrels, so that the capacity of the refinery to 50 thousand barrels.

The Ministry of Oil has announced on Tuesday, 25-7-2017 on the rate of exports and revenues achieved for the month of June, according to the final statistics issued by the Iraqi oil marketing company “Sumo”, more than 98 million barrels of revenue more than 4 billion dollars.

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Post RV Checklist (it’s getting to be that time!! Listen up!!)

Dos and Don’ts of Windfall Wealth:

Treat it like a PowerBall win

– Tell no one, not even family. If you must talk, do so with one who is already in the know.

– Don’t run out & buy new “stuff”. People notice.

– Get an unpublished number and give it out very sparingly.

– Get a tax accountant you can trust to make sure the IRS is satisfied (Certified Opinion is something to look into) and pursue asset protection…

Image result for Baghdad construction

Keywords: the next stage will witness economic victories

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Iraqi private banks association: We seek to open up prospects for cooperation with foreign and US banks are particularly

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Map: Tal Afar in the sight of Iraqi forces

On Wednesday, the Military Information Cell published a new map of the province of Nineveh, showing the remains of Daish in Tal Afar district.

The map shows the black areas controlled by Ta’ash, which are part of Tal Afar, green areas showing Iraqi forces’ control, and red areas that are considered as clash zones.

On Monday (July 10th), the prime minister of the armed forces, General Haider al-Abadi, announced the lifting of the flag of victory in Mosul and its liberation from the terrorist.

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Central Economic and victory

ith-a-global-company-to-determine-the-extent-of-damage-in-liberated-c
______________________________________________________________

____________________________________________________________

“Flash Cast LIVE” – Tuesday (the 21st) w/BGG

Click here for Video Replay

______________________________________________________________

Click this link to join the DU “private” FaceBook Group…

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

(go here and ask to join… then add some Dinar Friends!!)
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Iraqi Dinar/Dollar auction 06-21-17 (most recent listing)

Currency Auctions Announcement No. 3470

This daily currency auction was held in the Central Bank of Iraq on the 06-21-2017

DETAILS	NOTES
Number of banks	39
Number of remittance companies	10
Amount sold at auction price (US$)	159,617,756
Amount purchased at Auction price (US$)	—–
Total offers for buying (US$)	159,617,756
Total offers for selling (US$)	—–

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

______________________________________________________________

CURRENCY	CODE	SELL	BUY
US dollar	USD	1184.000	1182.000
Euro	EUR	1325.962	1325.299
British pound	GBP	1515.757	1514.999
Canadian dollar	CAD	895.884	895.436
Swiss franc	CHF	1219.613	1219.003
Swedish krona	SEK	135.962	135.894
Norwegian krone	NOK	140.286	140.216
Danish krone	DKK	178.289	178.200
Japanese yen	JPY	10.663	10.657
Special Drawing Rights	SDR	1636.868	1636.050

Indicative rates – 06.21.2017

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!!

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Dinar Daily NEWS Blog – August 5th

Posted on August 5, 2017 by BGG

Efforts to increase citizen confidence .. Central Bank announces a plan to increase the number of foreign banks in Iraq

Al-Alak said in a press interview that “the number of foreign banks, including Arab, has increased during the past two years, to currently reach 18 banks, and the number of foreign banks, After the number did not exceed 11 banks, “stressing that” these steps were conducted in coordination with the World Bank and most of these banks is solid and has branches in most of the world. ”

He added that “branches of foreign banks can not be required to new rules, since the bank has one capital for the branch or the original, which applies to our banks in Iraq and neighboring countries, and falls under the policy of reciprocity with the countries of the world, International law “.

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Follow us on twitter @DinarUpdates !!

Dinar Updates – Conference Call – with BGG & Company – August 8th, 8:00 PM CST Phone # 641-715-3640 PIN# 528733

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

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

International Monetary Fund confirms Iraq’s commitment to the reforms required by the Second Review of the Credit Standby Agreement

______________________________________________________________

The stream of wisdom is making fundamental changes in its leadership: Alaa Moussawi is responsible for the Electoral Office

______________________________________________________________

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

Central Bank: Our financial situation is good for four years to come even as oil prices do not recover

______________________________________________________________

Petroleum products distribution company: Investment refineries in the Kurdistan Region provided alternatives to refinery Baiji

General Manager of Oil Products Distribution Company Ali Abdul Karim Al Moussawi

______________________________________________________________

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

______________________________________________________________

The greatest stimulus of mankind is freedom. – Paul Ryan

______________________________________________________________

Oil: We seek to increase production of refineries and reduce imports to provide hard currency to the state treasury

______________________________________________________________

Post RV Checklist (it’s getting to be that time!! Listen up!!)

Dos and Don’ts of Windfall Wealth:

Treat it like a PowerBall win

– Tell no one, not even family. If you must talk, do so with one who is already in the know.

– Don’t run out & buy new “stuff”. People notice.

– Get an unpublished number and give it out very sparingly.

– Get a tax accountant you can trust to make sure the IRS is satisfied (Certified Opinion is something to look into) and pursue asset protection…

Image result for Baghdad construction

Keywords: the next stage will witness economic victories

_____________________________________________________________

Iraqi private banks association: We seek to open up prospects for cooperation with foreign and US banks are particularly

_____________________________________________________________

Map: Tal Afar in the sight of Iraqi forces

On Wednesday, the Military Information Cell published a new map of the province of Nineveh, showing the remains of Daish in Tal Afar district.

The map shows the black areas controlled by Ta’ash, which are part of Tal Afar, green areas showing Iraqi forces’ control, and red areas that are considered as clash zones.

On Monday (July 10th), the prime minister of the armed forces, General Haider al-Abadi, announced the lifting of the flag of victory in Mosul and its liberation from the terrorist.

_____________________________________________________________

Central Economic and victory

ith-a-global-company-to-determine-the-extent-of-damage-in-liberated-c
______________________________________________________________

____________________________________________________________

“Flash Cast LIVE” – Tuesday (the 21st) w/BGG

Click here for Video Replay

______________________________________________________________

Click this link to join the DU “private” FaceBook Group…

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

(go here and ask to join… then add some Dinar Friends!!)
______________________________________________________________

Iraqi Dinar/Dollar auction 06-21-17 (most recent listing)

Currency Auctions Announcement No. 3470

This daily currency auction was held in the Central Bank of Iraq on the 06-21-2017

DETAILS	NOTES
Number of banks	39
Number of remittance companies	10
Amount sold at auction price (US$)	159,617,756
Amount purchased at Auction price (US$)	—–
Total offers for buying (US$)	159,617,756
Total offers for selling (US$)	—–

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

______________________________________________________________

CURRENCY	CODE	SELL	BUY
US dollar	USD	1184.000	1182.000
Euro	EUR	1325.962	1325.299
British pound	GBP	1515.757	1514.999
Canadian dollar	CAD	895.884	895.436
Swiss franc	CHF	1219.613	1219.003
Swedish krona	SEK	135.962	135.894
Norwegian krone	NOK	140.286	140.216
Danish krone	DKK	178.289	178.200
Japanese yen	JPY	10.663	10.657
Special Drawing Rights	SDR	1636.868	1636.050

Indicative rates – 06.21.2017

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

Dinar Daily NEWS Blog – August 4th

Posted on August 4, 2017 by BGG

The Central Bank announced a plan to increase the number of foreign banks in Iraq

The governor of the Central Bank Ali Alaak, on Thursday, a plan to increase the number of Arab and foreign banks and financial companies operating in Iraq will continue until 2020

Al-Alak said in an interview that the number of foreign banks, including Arab, has increased during the past two years, reaching 18 banks now after the number did not exceed 11 banks “stressing that” these steps were coordinated with the World Bank and most of these banks are solid and has branches in most Countries of the world.

He added that branches of foreign banks can not be asked for new rules, since the bank has one capital for the branch or origin, which applies to our banks in Iraq and neighboring countries and falls under the policy of reciprocity with the countries of the world, so we deal with the branches framework International law He pointed out that there are some Arab and foreign banks have an international classification pointing out that our assessment of banks is a calendar in terms of compliance and combating money laundering for the purpose of buying the dollar, which is limited in the window selling the dollar.

And on the new Islamic banks that were established with a capital of 100 billion dinars, he pointed out that “part of these banks completed 250 billion dinars in the increase of capital before the end of three years and began to scrutinize the same as all private banks, to ensure that the capital in the central bank As collateral for deposits of customers with them and even the subject of classification, we granted foreign advanced ratings unlike local .

Currently, there are 140 banking and financial institutions, including 6 government, 24 private and 16 Islamic, in addition to 63 financial companies, transfer companies and financial investment companies, 60% of which are Arab and foreign.

______________________________________________________________

Follow us on twitter @DinarUpdates !!

Dinar Updates – Conference Call – with BGG & Company – August 8th, 8:00 PM CST Phone # 641-715-3640 PIN# 528733

www.DinarUpdates.com – save as favorite

______________________________________________________________

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

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

International Monetary Fund confirms Iraq’s commitment to the reforms required by the Second Review of the Credit Standby Agreement

______________________________________________________________

The stream of wisdom is making fundamental changes in its leadership: Alaa Moussawi is responsible for the Electoral Office

______________________________________________________________

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

Central Bank: Our financial situation is good for four years to come even as oil prices do not recover

______________________________________________________________

Petroleum products distribution company: Investment refineries in the Kurdistan Region provided alternatives to refinery Baiji

General Manager of Oil Products Distribution Company Ali Abdul Karim Al Moussawi

______________________________________________________________

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

______________________________________________________________

The greatest stimulus of mankind is freedom. – Paul Ryan

______________________________________________________________

Oil: We seek to increase production of refineries and reduce imports to provide hard currency to the state treasury

______________________________________________________________

Post RV Checklist (it’s getting to be that time!! Listen up!!)

Dos and Don’ts of Windfall Wealth:

Treat it like a PowerBall win

– Tell no one, not even family. If you must talk, do so with one who is already in the know.

– Don’t run out & buy new “stuff”. People notice.

– Get an unpublished number and give it out very sparingly.

– Get a tax accountant you can trust to make sure the IRS is satisfied (Certified Opinion is something to look into) and pursue asset protection…

Image result for Baghdad construction

Keywords: the next stage will witness economic victories

_____________________________________________________________

Iraqi private banks association: We seek to open up prospects for cooperation with foreign and US banks are particularly

_____________________________________________________________

Map: Tal Afar in the sight of Iraqi forces

On Wednesday, the Military Information Cell published a new map of the province of Nineveh, showing the remains of Daish in Tal Afar district.

The map shows the black areas controlled by Ta’ash, which are part of Tal Afar, green areas showing Iraqi forces’ control, and red areas that are considered as clash zones.

On Monday (July 10th), the prime minister of the armed forces, General Haider al-Abadi, announced the lifting of the flag of victory in Mosul and its liberation from the terrorist.

_____________________________________________________________

Central Economic and victory

ith-a-global-company-to-determine-the-extent-of-damage-in-liberated-c
______________________________________________________________

____________________________________________________________

“Flash Cast LIVE” – Tuesday (the 21st) w/BGG

Click here for Video Replay

______________________________________________________________

Click this link to join the DU “private” FaceBook Group…

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

(go here and ask to join… then add some Dinar Friends!!)
______________________________________________________________

Iraqi Dinar/Dollar auction 06-21-17 (most recent listing)

Currency Auctions Announcement No. 3470

This daily currency auction was held in the Central Bank of Iraq on the 06-21-2017

DETAILS	NOTES
Number of banks	39
Number of remittance companies	10
Amount sold at auction price (US$)	159,617,756
Amount purchased at Auction price (US$)	—–
Total offers for buying (US$)	159,617,756
Total offers for selling (US$)	—–

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

______________________________________________________________

CURRENCY	CODE	SELL	BUY
US dollar	USD	1184.000	1182.000
Euro	EUR	1325.962	1325.299
British pound	GBP	1515.757	1514.999
Canadian dollar	CAD	895.884	895.436
Swiss franc	CHF	1219.613	1219.003
Swedish krona	SEK	135.962	135.894
Norwegian krone	NOK	140.286	140.216
Danish krone	DKK	178.289	178.200
Japanese yen	JPY	10.663	10.657
Special Drawing Rights	SDR	1636.868	1636.050

Bank source: Tomorrow a meeting between private banks and the central bank to discuss the instructions of the currency window

Central Bank: Conditions of the International Monetary Fund aims to reform Iraq’s economy

Follow us on twitter @DinarUpdates !!

Dinar Updates – Conference Call – w/BGG & Company August 15th, 8:00 pm CST Phone # 641-715-3640 PIN # 528733

www.DinarUpdates.com – save as favorite

The Commercial Bank of Iraq announces the granting of small loans

As we discussed on the last call, they reportedly had much more interest than they had actual bonds to sell during this last offering.

Obviously – we’ll see a follow-up bond offering. However, I would suspect there could be some restraint to this particular action by the IMF, etc, until they are content with Iraq’s compliance.

None of the above is saying the IMF isn’t perfectly satisfied with their progress to date, nor am I saying any of this is directly tied to potential value change. It is merely my view of things.

(The above Tweet and video was courtesy Okie Dinar)

Baghdad exhibition .. Gate of construction and reconstruction after the victory

Click this link to join the DU “private” FaceBook Group…

Central Bank: Procedures for the rehabilitation of banks in liberated areas

Post RV Checklist (it’s getting to be that time!! Listen up!!)

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

Thanks – BGG!!

Iraq seeks to strengthen its economy through oil

Follow us on twitter @DinarUpdates !!

Dinar Updates – Conference Call – w/BGG & Company August 15th, 8:00 pm CST Phone # 641-715-3640 PIN # 528733

www.DinarUpdates.com – save as favorite

Trump seeks political change in Iraq, with Abadi as PM – Analyst

As we discussed on the last call, they reportedly had much more interest than they had actual bonds to sell during this last offering.

Obviously – we’ll see a follow-up bond offering. However, I would suspect there could be some restraint to this particular action by the IMF, etc, until they are content with Iraq’s compliance.

None of the above is saying the IMF isn’t perfectly satisfied with their progress to date, nor am I saying any of this is directly tied to potential value change. It is merely my view of things.

(The above Tweet and video was courtesy Okie Dinar)

Baghdad exhibition .. Gate of construction and reconstruction after the victory

International Monetary Fund expects positive growth of Iraqi economy in the medium term

Click this link to join the DU “private” FaceBook Group…

Central Bank: Procedures for the rehabilitation of banks in liberated areas

Post RV Checklist (it’s getting to be that time!! Listen up!!)

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

Thanks – BGG!!

Foreign Minister discusses with UN Secretary-General’s Representative in Iraq the reconstruction of liberated areas

Iraq sets a milestone by entering the international market with its first sale of independent bonds

As we discussed on the last call, they reportedly had much more interest than they had actual bonds to sell during this last offering.

Obviously – we’ll see a follow-up bond offering. However, I would suspect there could be some restraint to this particular action by the IMF, etc, until they are content with Iraq’s compliance.

None of the above is saying the IMF isn’t perfectly satisfied with their progress to date, nor am I saying any of this is directly tied to potential value change. It is merely my view of things.

(The above Tweet and video was courtesy Okie Dinar)

Baghdad exhibition .. Gate of construction and reconstruction after the victory

Follow us on twitter @DinarUpdates !!

Dinar Updates – Facebook Live – w/BGG August 11th, 8:00 pm CST Bring your questions!!

www.DinarUpdates.com – save as favorite

International Monetary Fund expects positive growth of Iraqi economy in the medium term

Click this link to join the DU “private” FaceBook Group…

Central Bank: Procedures for the rehabilitation of banks in liberated areas

Urgent and Important All Authorized Banks Financial Remittance Companies CBI WebsiteUrgent and Important

Post RV Checklist (it’s getting to be that time!! Listen up!!)

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

Thanks – BGG!!

Iraq sets a milestone by entering the international market with its first sale of independent bonds

BGG ~ While staying away from gross generalizations, it would appear they are deep within the “process” of being re-engaged with world economies… even if they aren’t being “officially recognized” just yet.

As we discussed on the last call, they reportedly had much more interest than they had actual bonds to sell during this last offering.

Obviously – we’ll see a follow-up bond offering. However, I would suspect there could be some restraint to this particular action by the IMF, etc, until they are content with Iraq’s compliance.

None of the above is saying the IMF isn’t perfectly satisfied with their progress to date, nor am I saying any of this is directly tied to potential value change. It is merely my view of things.

(The above Tweet and video was courtesy Okie Dinar)

Baghdad exhibition .. Gate of construction and reconstruction after the victory

Follow us on twitter @DinarUpdates !!

Dinar Updates – Facebook Live – w/BGG August 11th, 8:00 pm CST Bring your questions!!

www.DinarUpdates.com – save as favorite

International Monetary Fund expects positive growth of Iraqi economy in the medium term

Click this link to join the DU “private” FaceBook Group…

Central Bank: Procedures for the rehabilitation of banks in liberated areas

Urgent and Important All Authorized Banks Financial Remittance Companies CBI WebsiteUrgent and Important

Post RV Checklist (it’s getting to be that time!! Listen up!!)

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

Thanks – BGG!!

Central Bank: 20 financial transfer companies turned into banks

Follow us on twitter @DinarUpdates !!

Dinar Updates – Facebook Live – w/ BGG – Aug 11th, 8:00 PM CST

The Iraqi Trade Bank: The global market has begun to trust the future of Iraq’s economy

Click this link to join the DU “private” FaceBook Group…

Central Bank: Procedures for the rehabilitation of banks in liberated areas

Urgent and Important All Authorized Banks Financial Remittance Companies CBI WebsiteUrgent and Important

Post RV Checklist (it’s getting to be that time!! Listen up!!)

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

Thanks – BGG!!

Political Reform in Iraq

Follow us on twitter @DinarUpdates !!

DU – Conference Call – w/ BGG & Co – Aug 8th, 8:00 PM CST Phone # 641-715-3640 PIN# 528733 www.DinarUpdates.com

Dollar exchange rates in the markets of Baghdad and Erbil Tuesday morning

DU – Conference Call – w/ BGG & Co – Aug 8th, 8:00 PM CST Phone # 641-715-3640 PIN# 528733

www.DinarUpdates.com

Team – Together Everyone Achieves More
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