Dinar Daily NEWS Blog – November 20th

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

Word for the day…

Mrs. BGG

Iraqi Dinar/Dollar auction 11-20-16 (most recent listing)

Currency Auctions Announcement No. 3322

This daily currency auction was held in the Central Bank of Iraq on the 11-20-2016

The results were as follows:

DETAILS NOTES
Number of banks 30
Number of remittance companies 15
Auction price selling dinar / US$ 1182
Auction price buying dinar / US$ —–
Amount sold at auction price (US$) 145,593,190
Amount purchased at Auction price (US$) —–
Total offers for buying (US$) 145,593,190
Total offers for selling (US$) —–

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

Our minds possess by nature an insatiable desire to know the truth. – Cicero

*** Current News ***

Follow us on twitter @DinarUpdates !!

follow Dinar Updates on twitterDon’t MISS – “DU NEWS TIME” w/RCookie, Mr White & More – Nov. 21st 6:30pm CST – In DU CHAT!!

www.DinarUpdates.com – save as favorite

rcookie (Dinar Guru) –   Frank Baker’s Twitter Quote via Josie:  “Frank Baker Great Britain’s Ambassador to Iraq via Twitter… “Interesting meeting with Govenor of Central Bank of Iraq to speak about enabling market access to UK banks and need to respect IMF conditionality”  [Discussing the ability for UK banks to bring money in and money out of Iraq. International banking.]   THAT IS PRECISELY WHAT HE IS REFERRING TO… AWESOME FIND!  …”RESPECT IMF CONDITIONALITY”…MAGNITUDE OF VERBIAGE…

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

President-elect Donald Trump to Iraqi PM: you will find strong and deep support

trumpBAGHDAD, Iraq—The Iraqi Prime Minister Haider Al-Abadi and the US president-elect Donald Trump spoke on the phone Friday for the first time since Mr Trump was elected to the office earlier this month. The American leader told Abadi that Iraq “will find strong and deep support” from the United States under his presidency.

“You are essential partners to us and you will find strong and deep support.” Mr Trump told the Iraqi PM, according to a statement from the Iraqi PM’s office.

Mr Abadi congratulated Mr Trump on winning the US presidential elections, and “expressed Iraq’s willingness to expand the scope of relations between the two countries.”

Both sides also discussed the ongoing war against the so-called Islamic State, and the offensive to retake the Iraq’s second-largest city of Mosul.

“Mr. Trump also extended an invitation to Dr. Al-Abadi to visit the United States and meet with Mr. Trump soon after the inauguration ceremonies next January.” the statement added.

Iraqi government spokesman Saad al-Hadithi told Rudaw soon after the results for the US election came out that Mr Trump’s victory will not impact or change its bilateral relations with the United States, including the war against terror.

“The Iraqi-American strategic agreement, including the economy and war on terror are all mutual files between the two countries and these ties will remain as they are and will not change anything between Iraq and the United States,”

Al-Hadithi said, “There are common interests and mutual relations between Iraq and America and I don’t expect any of this to change with Trump’s victory,”

Al-Hadithi whose government has a strategic security agreement with the US said that the election of Trump is only a change in names.

“For the past eight years the democrats have been in power in the United States and today the republicans have won, but this is only the change of people and names and not policy,” he argued. “Politics will stay as they are now.”

In December 2012 Iraq’s acting Defense Minister Saadoun al-Dlimi signed a memorandum of understanding on security cooperation with America’s Department of Defense.

According to the website of the US state department, “This agreement represents the strong military to military relationship between the United States and Iraq, and provides mechanisms for increased defense cooperation in areas including defense planning, counter-terrorism cooperation, and combined exercises.”

Rudaw.net

BGG (Dinar Guru) –   “The first part of 2017” starts in just 47days (if they bother to wait that long)… to get started…which they have signaled as some version of their “starting point” for the project…my point was – and is…we have PLENTY to be excited about – no matter what “THE DATE”…it’s just weird they are this open – direct – and  “forward looking” in their comments. Even giving something of a “heads – up” as to when…

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

Dinar Updates – “The After Call!!”
Monday nite – Nov 21st

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

from Nov 15th – Smart phone user link – Click here

______________________________________________________________

rcookie (Dinar Guru) – …AUCTION POLICY CHANGES AND IMPLEMENTATION OF NATIONAL DEPOSIT INSURANCE SCHEME…AND SECURITIES ISSUES ARE WHAT WILL BE ADDRESSED IN CBI LAW NO 94…WHEN IT GETS TO PARLIAMENT….WHICH IS WHY IN ADDITION TO INVESTMENT LAW…CHAMBER OF COMMERCE LAW ETC…HAVE BEEN ELEVATED TO FRONT OF THE LINE PRIORITY WISE…AND HERE IT IS…THIS IS A QUOTE FROM THE ALAK ARTICLE YESTERDAY CONCERNING AUCTIONS…..”The member of the Committee of Economy and Parliamentary investment, Nora Albjara confirmed in an interview Said to (long-Presse), that the rise in price of the dollar crisis will be resolved only after amending the Central Bank of Iraq Law No. 94 of 2004 in harmony with the current stage, usually the law is a big part of the market crisis, especially with the rise of the dollar against the dinar, as well as financial liquidity.”

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

______________________________________________________________

An adviser to Maliki: political figures threaten “Boissala” to the gallows

He accused the Prime Minister for Financial Affairs Advisor to the appearance of Mohammed Saleh , political figures / unnamed / directing accusations and threats boosted by getting him to the gallows through a media subsidiary.

Said Mohammed Saleh in a statement, said that “one of the electronic media / unnamed / purposely publish statements me and allow their tails to attack us , I and Dr. Shabibi , who was accused by them Fox , feline and has documents leads us to death, indicating that they are threatening to re – old subject of the bank Central again through leaks to the media outlet and allow commenting abuser us. ”

He said, “This is not the first time, but is the tenth time the media published the site and allows for the same person to comment on the words of my remarks offensive and warns Baissala to the gallows.”

He warned adviser Abadi resorting to the courts and sue the direction of this site and the politicians who stand behind him. ”

The Iraqi judiciary has (had) issued an arrest warrant for central bank governor Sinan al – Shabibi and his deputy , the appearance of Mohammed Saleh, officials at the bank on corruption charges in 2012 and prevent them from traveling.

It is said that Federal Court released the appearance of Mohammed Saleh , 12 / December / 2014 for lack of evidence the charges against him. Mohammed Saleh , was jailed 48 days and released on bail.

Read More: http://www.dinarupdates.com/showthread.php?43893-An-adviser-to-Maliki-political-figures-threaten-Boissala-to-the-gallows-11-19

BGG ~ Personally – I think there is some very serious back-and-forth going on here… Maliki is probably feeling some heat.

______________________________________________________________

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

Be sure to join the Dinar Updates “private” FaceBook Group…

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

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

Parliamentary Economy: project to delete the zeros from the currency has become impossible due to corruption

09468dd746323ae09c4e75570f9b0d66_L

BAGHDAD / Baghdadi Uz..okdt Parliamentary Commission of Economy, on Thursday, said the project to delete the zeros from the currency has become impossible due to corruption, calling not to launch major new categories of currency.

The committee member said Abdul Salam al-Maliki, in an interview with / Baghdadi News / “The project to delete the zeros from the currency Ihtah to proper planning as the current conditions and the control of the powerful and corrupt financial matters prevented from approving this project,” noting that “a lot of powerful and corrupt may take advantage of this project acknowledged that, for whitening and laundered the stolen money. ”

He added that “the state has resorted to issuing new classes in a large currency, and this has led to damage to the Iraqi economy through the currency value loss, and in case the insistence of the state to issue new classes as planned, the Iraqi economy could collapse,” calling to “not to issue no new class before the study results “.anthy 21 / d

albaghdadianews.com

BGG ~ Am I the only one thinking this is odd?? Maybe “thou dost protesteth too much”??

______________________________________________________________

Iraq:

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


______________________________________________________________

CURRENCY CODE SELL BUY
US dollar USD 1182.000 1180.000
Euro EUR 1266.749 1266.116
British pound GBP 1476.318 1475.580
Canadian dollar CAD 880.185 879.745
Swiss franc CHF 1182.355 1181.764
Swedish krona SEK 128.698 128.634
Norwegian krone NOK 139.390 139.320
Danish krone DKK 170.219 170.134
Japanese yen JPY 10.829 10.824
Special
Drawing Rights
SDR 1609.931 1609.126


Indicative rates – 11.20.2016

http://www.cbi.iq/

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

www.DinarUpdates.com

Posted in Daily Dinar Updates | Tagged , , , , , , , , , , , , , , , , , , | Comments Off on Dinar Daily NEWS Blog – November 20th

Dinar Daily NEWS Blog – November 19th

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

Word for the day…

Mrs. BGG

Iraqi Dinar/Dollar auction 11-17-16 (most recent listing)

Currency Auctions Announcement No. 3321

This daily currency auction was held in the Central Bank of Iraq on the 11-17-2016

The results were as follows:

DETAILS NOTES
Number of banks 33
Number of remittance companies 15
Auction price selling dinar / US$ 1182
Auction price buying dinar / US$ —–
Amount sold at auction price (US$) 150,085,261
Amount purchased at Auction price (US$) —–
Total offers for buying (US$) 150,085,261
Total offers for selling (US$) —–

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

Difficulties are things that show a person what they are. – Epictetus

*** Current News ***

Follow us on twitter @DinarUpdates !!

follow Dinar Updates on twitterDon’t MISS – “DU NEWS TIME” w/BGG and Company!! Nov. 20 7:30pm EST – In DU CHAT!!

www.DinarUpdates.com – save as favorite

rcookie (Dinar Guru) –   Frank Baker’s Twitter Quote via Josie:  “Frank Baker Great Britain’s Ambassador to Iraq via Twitter… “Interesting meeting with Govenor of Central Bank of Iraq to speak about enabling market access to UK banks and need to respect IMF conditionality”  [Discussing the ability for UK banks to bring money in and money out of Iraq. International banking.]   THAT IS PRECISELY WHAT HE IS REFERRING TO… AWESOME FIND!  …”RESPECT IMF CONDITIONALITY”…MAGNITUDE OF VERBIAGE…

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

President-elect Donald Trump to Iraqi PM: you will find strong and deep support

President-elect Donald Trump (L) and the Iraqi Prime Minister Haider Al-Abadi (R)

BAGHDAD, Iraq—The Iraqi Prime Minister Haider Al-Abadi and the US president-elect Donald Trump spoke on the phone Friday for the first time since Mr Trump was elected to the office earlier this month. The American leader told Abadi that Iraq “will find strong and deep support” from the United States under his presidency.

“You are essential partners to us and you will find strong and deep support.” Mr Trump told the Iraqi PM, according to a statement from the Iraqi PM’s office.

Mr Abadi congratulated Mr Trump on winning the US presidential elections, and “expressed Iraq’s willingness to expand the scope of relations between the two countries.”

Both sides also discussed the ongoing war against the so-called Islamic State, and the offensive to retake the Iraq’s second-largest city of Mosul.

“Mr. Trump also extended an invitation to Dr. Al-Abadi to visit the United States and meet with Mr. Trump soon after the inauguration ceremonies next January.” the statement added.

Iraqi government spokesman Saad al-Hadithi told Rudaw soon after the results for the US election came out that Mr Trump’s victory will not impact or change its bilateral relations with the United States, including the war against terror.

“The Iraqi-American strategic agreement, including the economy and war on terror are all mutual files between the two countries and these ties will remain as they are and will not change anything between Iraq and the United States,”

Al-Hadithi said, “There are common interests and mutual relations between Iraq and America and I don’t expect any of this to change with Trump’s victory,”

Al-Hadithi whose government has a strategic security agreement with the US said that the election of Trump is only a change in names.

“For the past eight years the democrats have been in power in the United States and today the republicans have won, but this is only the change of people and names and not policy,” he argued. “Politics will stay as they are now.”

In December 2012 Iraq’s acting Defense Minister Saadoun al-Dlimi signed a memorandum of understanding on security cooperation with America’s Department of Defense.

According to the website of the US state department, “This agreement represents the strong military to military relationship between the United States and Iraq, and provides mechanisms for increased defense cooperation in areas including defense planning, counter-terrorism cooperation, and combined exercises.”

Rudaw.net

BGG (Dinar Guru) –   “The first part of 2017” starts in just 47days (if they bother to wait that long)… to get started…which they have signaled as some version of their “starting point” for the project…my point was – and is…we have PLENTY to be excited about – no matter what “THE DATE”…it’s just weird they are this open – direct – and  “forward looking” in their comments. Even giving something of a “heads – up” as to when…

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

Dinar Updates – “The After Call!!”
from Tues nite – Nov 15th

w/RCookie, Mr White & Hutch
Click-N-Listen!!

Smart phone user link – Click here

______________________________________________________________

rcookie (Dinar Guru) – …AUCTION POLICY CHANGES AND IMPLEMENTATION OF NATIONAL DEPOSIT INSURANCE SCHEME…AND SECURITIES ISSUES ARE WHAT WILL BE ADDRESSED IN CBI LAW NO 94…WHEN IT GETS TO PARLIAMENT….WHICH IS WHY IN ADDITION TO INVESTMENT LAW…CHAMBER OF COMMERCE LAW ETC…HAVE BEEN ELEVATED TO FRONT OF THE LINE PRIORITY WISE…AND HERE IT IS…THIS IS A QUOTE FROM THE ALAK ARTICLE YESTERDAY CONCERNING AUCTIONS…..”The member of the Committee of Economy and Parliamentary investment, Nora Albjara confirmed in an interview Said to (long-Presse), that the rise in price of the dollar crisis will be resolved only after amending the Central Bank of Iraq Law No. 94 of 2004 in harmony with the current stage, usually the law is a big part of the market crisis, especially with the rise of the dollar against the dinar, as well as financial liquidity.”

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

______________________________________________________________

An adviser to Maliki: political figures threaten “Boissala” to the gallows

He accused the Prime Minister for Financial Affairs Advisor to the appearance of Mohammed Saleh , political figures / unnamed / directing accusations and threats boosted by getting him to the gallows through a media subsidiary.

Said Mohammed Saleh in a statement, said that “one of the electronic media / unnamed / purposely publish statements me and allow their tails to attack us , I and Dr. Shabibi , who was accused by them Fox , feline and has documents leads us to death, indicating that they are threatening to re – old subject of the bank Central again through leaks to the media outlet and allow commenting abuser us. ”

He said, “This is not the first time, but is the tenth time the media published the site and allows for the same person to comment on the words of my remarks offensive and warns Baissala to the gallows.”

He warned adviser Abadi resorting to the courts and sue the direction of this site and the politicians who stand behind him. ”

The Iraqi judiciary has (had) issued an arrest warrant for central bank governor Sinan al – Shabibi and his deputy , the appearance of Mohammed Saleh, officials at the bank on corruption charges in 2012 and prevent them from traveling.

It is said that Federal Court released the appearance of Mohammed Saleh , 12 / December / 2014 for lack of evidence the charges against him. Mohammed Saleh , was jailed 48 days and released on bail.

Read More: http://www.dinarupdates.com/showthread.php?43893-An-adviser-to-Maliki-political-figures-threaten-Boissala-to-the-gallows-11-19

BGG ~ Personally – In think there is some very serious back-and-forth going on here… Maliki is probably feeling some heat.

______________________________________________________________

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

Be sure to join the Dinar Updates “private” FaceBook Group…

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

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

Parliamentary Economy: project to delete the zeros from the currency has become impossible due to corruption

09468dd746323ae09c4e75570f9b0d66_L

BAGHDAD / Baghdadi Uz..okdt Parliamentary Commission of Economy, on Thursday, said the project to delete the zeros from the currency has become impossible due to corruption, calling not to launch major new categories of currency.

The committee member said Abdul Salam al-Maliki, in an interview with / Baghdadi News / “The project to delete the zeros from the currency Ihtah to proper planning as the current conditions and the control of the powerful and corrupt financial matters prevented from approving this project,” noting that “a lot of powerful and corrupt may take advantage of this project acknowledged that, for whitening and laundered the stolen money. ”

He added that “the state has resorted to issuing new classes in a large currency, and this has led to damage to the Iraqi economy through the currency value loss, and in case the insistence of the state to issue new classes as planned, the Iraqi economy could collapse,” calling to “not to issue no new class before the study results “.anthy 21 / d

albaghdadianews.com

BGG ~ Am I the only one thinking this is odd?? Maybe “thou dost protesteth too much”??

______________________________________________________________

Iraq:

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


______________________________________________________________

CURRENCY CODE SELL BUY
US dollar USD 1182.000 1180.000
Euro EUR 1264.976 1264.344
British pound GBP 1468.871 1468.137
Canadian dollar CAD 881.038 880.597
Swiss franc CHF —– —–
Swedish krona SEK 128.739 128.674
Norwegian krone NOK 139.438 139.368
Danish krone DKK 169.974 169.889
Japanese yen JPY 10.844 10.839
Special
Drawing Rights
SDR 1606.527 1605.724


Indicative rates – 11.19.2016

http://www.cbi.iq/

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

www.DinarUpdates.com

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

Dinar Daily NEWS Blog – November 18th

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

Word for the day…

12009680_10204084167224515_6207328825673477767_n

Mrs. BGG

Iraqi Dinar/Dollar auction 11-17-16 (most recent listing)

Currency Auctions Announcement No. 3321

This daily currency auction was held in the Central Bank of Iraq on the 11-17-2016

The results were as follows:

DETAILS NOTES
Number of banks 33
Number of remittance companies 15
Auction price selling dinar / US$ 1182
Auction price buying dinar / US$ —–
Amount sold at auction price (US$) 150,085,261
Amount purchased at Auction price (US$) —–
Total offers for buying (US$) 150,085,261
Total offers for selling (US$) —–

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

They have the usual socialist disease; they have run out of other people’s money. – Margaret Thatcher

*** Current News ***

Dinar Updates “Private FaceBook Group”

Dinar Updates:

wmawhite The most exciting part of this is that the most important entity, the CBI, is telling the citizens of Iraq along with any other knuckle heads that will listen that a change is coming and is coming soon.

I was excited…and then RCookie found… Article: “Iraq Stock Exchange Convention on the electronic trading system online trading investors remotely with Manaf Software Company”

And one article stated that the issuance of the 50, 100 and 200 IQD notes in early 2017…”will be the effect of the delete the zero project”.

Meaning…something has occurred prior to the issuance of the notes. Did I by any chance tell you that I am excited?

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

Follow us on twitter @DinarUpdates !!

follow Dinar Updates on twitterDon’t MISS – “DU NEWS TIME” w/BGG and Company!! Nov. 20 7:30pm EST – In DU CHAT!!

www.DinarUpdates.com – save as favorite

rcookie (Dinar Guru) –    THEY DID NOT JUST START REDUCING THE NOTE COUNT…IT HAS BEEN ONGOING FOR YEARS…THIS IS WHY THEY CURRENTLY HAVE A DIRE LIQUIDITY CRISIS…THE REDUCTION OF THE NOTE COUNT IS ONE OF THE PHASES OF THE DELETE THE ZEROES PROGRAM…JUST LIKE THE MINTING OF THE NEW 3 ZERO NOTES WITH SECURITY FEATURES WE ALL HOLD…AS WELL AS THE NEW LD’S…ALL MINTED IN 2013…ALL MINTED TO WELL STRATEGIZED QUANTITIES AND RELEASE DATES…AND THE 3 ZERO NOTES WHILE STILL BEING ACKNOWLEDGED AS LEGAL TENDER FOR 10 YEARS…CAN NOT POSSIBLY COEXIST FUNCTIONALLY IN THE MARKETPLACE AT “POINT OF SALE”…AFTER THE INT’L PRICING EQUATION IS APPLIED…AND PRICES ADJUSTED…CITIZENS PURCHASING POWER ELEVATED AND REALIZED…

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

The Central Bank is required to mediate letter of guarantee 100% of their capital firms

show

BAGHDAD / Baghdadi News / … revealed a document issued by the Central Bank of Iraq, on Thursday, for a resolution that includes an increase for letters of guarantee banking companies to allow them to enter sell the currency window, and noted that the decision included raising the letter of guarantee for banks to 100%, while the It confirmed that the bank’s board is considering a proposal to reduce those percentages after the claims of the companies need to be reduced.

According to a document obtained by / Baghdadi News /, that “there is a decision by the Board of the Central Bank includes an increase for letters of guarantee banking companies to the Central Bank of Iraq in order to enter sell the currency window,” noting that “companies demanded the need to modify that decision.” .

The document, to be “the central bank studied the requests he has received on the amendment of the decision to lift the letter of guarantee for banks to 100%, it has decided to be 25% that the increase be before the (first of January 2017), that increases annually by 25% for a period of four years to be up to 100%. ”

It said the document, said that “those measures aimed at creating motivation for the exchange companies to work according to the requirements of the Central Bank and commit to decide in selling the currency” .anthy 21 / T

albaghdadianews.com

Kaperoni (Dinar Guru) –   Article:   “Reasons to delete three zeros from the Iraqi dinar and what it means to delete the zeros from currency”   Quote:  “Start procedures to delete three zeros from the currency in 2017”    The good news is it looks like we will see something happening in just a month or so.

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

Dinar Updates – “The After Call!!”
from Tues nite – Nov 15th

w/RCookie, Mr White & Hutch
Click-N-Listen!!

Smart phone user link – Click here

______________________________________________________________

wmawhite (Dinar Guru) –   [Local banks will…exchange the foreign currency with the countries treasuries and at that point it becomes an institutional note used in foreign trade.]  Remember, not all “local banks” exchange foreign currencies…Again, not all banks in your community will exchange foreign currency.

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

______________________________________________________________

Parliamentary Economy: project to delete the zeros from the currency has become impossible due to corruption

09468dd746323ae09c4e75570f9b0d66_L

BAGHDAD / Baghdadi Uz..okdt Parliamentary Commission of Economy, on Thursday, said the project to delete the zeros from the currency has become impossible due to corruption, calling not to launch major new categories of currency.

The committee member said Abdul Salam al-Maliki, in an interview with / Baghdadi News / “The project to delete the zeros from the currency Ihtah to proper planning as the current conditions and the control of the powerful and corrupt financial matters prevented from approving this project,” noting that “a lot of powerful and corrupt may take advantage of this project acknowledged that, for whitening and laundered the stolen money. ”

He added that “the state has resorted to issuing new classes in a large currency, and this has led to damage to the Iraqi economy through the currency value loss, and in case the insistence of the state to issue new classes as planned, the Iraqi economy could collapse,” calling to “not to issue no new class before the study results “.anthy 21 / d

albaghdadianews.com

BGG ~ Am I the only one thinking this is odd?? Maybe “thou dost protesteth too much”??

______________________________________________________________

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

Be sure to join the Dinar Updates “private” FaceBook Group…

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

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

Press Release – Iraq Stock Exchange Convention on the electronic trading system online trading investors remotely with Manaf Software Company

Iraq Stock Exchange formally signed the Convention on the electronic trading system via the Internet trading after investors with Manaf software company on Monday, November 14 2016.

Agreement included a license to use the electronic trading system via the Internet for five brokerage firms active as a first stage are: urban, spring, Carmel, Mesopotamia, Elaf. Implementation of the project plan includes the creation of the electronic system and the development of tasks and services that will allow the investor trading on the shareholding companies, bonds and any listed securities in the market through this system and via the Internet, like any investor, trading in the market hall. And organize all financial settlements and equity in accordance with procedures and instructions of the prevailing market.

Managers Commissioners for brokerage firms have received special training for management will be followed by another training for authorized and opened the door to train investors by brokerage firms and the Association of mediators money leaves to spread the culture of investment and expand its base by trading stocks and bonds from anywhere in the world. It is hoped the project officially launched during the first quarter of 2017 after completion of the binding mechanisms with the Iraq Stock Exchange systems and build the required access sites.

mubasher.info

LIVE UPDATES: Battle for Mosul, Day 31

-

10:34pm

The Hashd al-Shaabi forces say they have completely taken over Tal Afar airport from ISIS. Hashd spokesman Ahmed al-Assadi said his forces will shortly start hunting for ISIS militants who have remained at the airport and who may be hiding.

5:04pm

Iraq’s War Media Office says federal police forces have liberated the village of Al-A’zba, south of Mosul, from ISIS and raised the Iraqi flag there.

4:27pm

At least one child was killed and tens of other people wounded in ISIS mortar attacks in Mosul’s Zahra neighborhood today . Some locals who spoke to Rudaw said they were caught in the crossfire, suffering both from ISIS bombs and retaliatory fire by the Iraqi Army.

A wounded woman, clearly in pain, complained there is no hospital anywhere near to treat her injury from a mortar attack.

4:02pm

Iraqi forces control most of Mosul’s Tahrir neighborhood

Iraqi forces are now in control of “the larger part” of the Tahrir neighborhood in northeastern Mosul, Lt. Gen. Abdulwahab al-Saadi from Iraq’s Golden Brigade forces told Rudaw in Tahrir.

2:14pm

Shiite Hashd al-Shaabi closes in on Tal Afar airport

The Shiite paramilitary group known as Hashd al-Shaabi said on Wednesday that with support from the Iraqi air force they are closing in on Tal Afar airport which would mean cutting off ISIS from its Mosul stronghold.

“The Tal Afar airport has fallen militarily to our forces after the liberation of Tal Ramh village which is 2 kilometers away from the airport,” the Shiite paramilitary said in a statement on Wednesday.

It also said the Iraqi air force is providing air cover to the advancing forces.

The Hashd al-Shaabi said on Tuesday “that control over the airport will pave the way to liberate Tal Afar district and will cut the last ISIS supply line between Tal Afar and Mosul.”
Follow the war on Rudaw’s Live Map

mosul

Map legend:

Dark green – under Peshmerga control
Light green – encircled/battling by Peshmerga
Red – under Iraqi control
Pink – encircled/battling by Iraqi forces
Yellow – under Hashd al-Shaabi control
Orange – encircled/battling by Hashd al-Shaabi
—
10:31am

Child killed in ISIS mortar attack in Mosul, dozens of civilians injured

At least one child was killed in an ISIS mortar attack on the newly liberated eastern neighborhood of al-Zahra Wednesday morning, and a number of others injured as captured by Rudaw cameras.

Relatives rushed the wounded to Iraqi troops stationed in the area for treatment.

Rudaw’s Nalin Barwari reported that many civilians still living in the area.

Also in Tahrir neighborhood 12 civilians were injured in what appeared to be an ISIS bombardment.

Clashes between the Iraqi forces and ISIS militants resumed today after a day of calm.

Iraqi military officials said they silenced their guns for a day to clear several liberated neighborhoods of explosives and fortify their positions.

Rudaw.net

______________________________________________________________

Iraq:

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


______________________________________________________________

CURRENCY CODE SELL BUY
US dollar USD 1182.000 1180.000
Euro EUR 1264.976 1264.344
British pound GBP 1468.871 1468.137
Canadian dollar CAD 881.038 880.597
Swiss franc CHF —– —–
Swedish krona SEK 128.739 128.674
Norwegian krone NOK 139.438 139.368
Danish krone DKK 169.974 169.889
Japanese yen JPY 10.844 10.839
Special
Drawing Rights
SDR 1606.527 1605.724


Indicative rates – 11.18.2016

http://www.cbi.iq/

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

www.DinarUpdates.com

Posted in Daily Dinar Updates | Tagged , , , , , , , , , , , , , , , , , , | Comments Off on Dinar Daily NEWS Blog – November 18th

Dinar Daily NEWS Blog – November 17th

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

Word for the day…

12009680_10204084167224515_6207328825673477767_n

Mrs. BGG

Iraqi Dinar/Dollar auction 11-17-16 (most recent listing)

Currency Auctions Announcement No. 3321

This daily currency auction was held in the Central Bank of Iraq on the 11-17-2016

The results were as follows:

DETAILS NOTES
Number of banks 33
Number of remittance companies 15
Auction price selling dinar / US$ 1182
Auction price buying dinar / US$ —–
Amount sold at auction price (US$) 150,085,261
Amount purchased at Auction price (US$) —–
Total offers for buying (US$) 150,085,261
Total offers for selling (US$) —–

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

Constitutions have to be written on hearts, not just paper. – Margaret Thatcher

*** Current News ***

Dinar Updates “Private FaceBook Group”

Dinar Updates:

wmawhite The most exciting part of this is that the most important entity, the CBI, is telling the citizens of Iraq along with any other knuckle heads that will listen that a change is coming and is coming soon.

I was excited…and then RCookie found… Article: “Iraq Stock Exchange Convention on the electronic trading system online trading investors remotely with Manaf Software Company”

And one article stated that the issuance of the 50, 100 and 200 IQD notes in early 2017…”will be the effect of the delete the zero project”.

Meaning…something has occurred prior to the issuance of the notes. Did I by any chance tell you that I am excited?

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

Follow us on twitter @DinarUpdates !!

follow Dinar Updates on twitterDon’t MISS – “DU NEWS TIME” w/MadDScout, 1Bobby and More!! Nov. 17 7:30pm EST – In DU CHAT!!

www.DinarUpdates.com – save as favorite

rcookie (Dinar Guru) –    THEY DID NOT JUST START REDUCING THE NOTE COUNT…IT HAS BEEN ONGOING FOR YEARS…THIS IS WHY THEY CURRENTLY HAVE A DIRE LIQUIDITY CRISIS…THE REDUCTION OF THE NOTE COUNT IS ONE OF THE PHASES OF THE DELETE THE ZEROES PROGRAM…JUST LIKE THE MINTING OF THE NEW 3 ZERO NOTES WITH SECURITY FEATURES WE ALL HOLD…AS WELL AS THE NEW LD’S…ALL MINTED IN 2013…ALL MINTED TO WELL STRATEGIZED QUANTITIES AND RELEASE DATES…AND THE 3 ZERO NOTES WHILE STILL BEING ACKNOWLEDGED AS LEGAL TENDER FOR 10 YEARS…CAN NOT POSSIBLY COEXIST FUNCTIONALLY IN THE MARKETPLACE AT “POINT OF SALE”…AFTER THE INT’L PRICING EQUATION IS APPLIED…AND PRICES ADJUSTED…CITIZENS PURCHASING POWER ELEVATED AND REALIZED…

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

The Central Bank is required to mediate letter of guarantee 100% of their capital firms

show

BAGHDAD / Baghdadi News / … revealed a document issued by the Central Bank of Iraq, on Thursday, for a resolution that includes an increase for letters of guarantee banking companies to allow them to enter sell the currency window, and noted that the decision included raising the letter of guarantee for banks to 100%, while the It confirmed that the bank’s board is considering a proposal to reduce those percentages after the claims of the companies need to be reduced.

According to a document obtained by / Baghdadi News /, that “there is a decision by the Board of the Central Bank includes an increase for letters of guarantee banking companies to the Central Bank of Iraq in order to enter sell the currency window,” noting that “companies demanded the need to modify that decision.” .

The document, to be “the central bank studied the requests he has received on the amendment of the decision to lift the letter of guarantee for banks to 100%, it has decided to be 25% that the increase be before the (first of January 2017), that increases annually by 25% for a period of four years to be up to 100%. ”

It said the document, said that “those measures aimed at creating motivation for the exchange companies to work according to the requirements of the Central Bank and commit to decide in selling the currency” .anthy 21 / T

albaghdadianews.com

Kaperoni (Dinar Guru) –   Article:   “Reasons to delete three zeros from the Iraqi dinar and what it means to delete the zeros from currency”   Quote:  “Start procedures to delete three zeros from the currency in 2017”    The good news is it looks like we will see something happening in just a month or so.

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

Dinar Updates – “The After Call!!”
from Tues nite – Nov 15th

w/RCookie, Mr White & Hutch
Click-N-Listen!!

Smart phone user link – Click here

______________________________________________________________

wmawhite (Dinar Guru) –   [Local banks will…exchange the foreign currency with the countries treasuries and at that point it becomes an institutional note used in foreign trade.]  Remember, not all “local banks” exchange foreign currencies…Again, not all banks in your community will exchange foreign currency.

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

______________________________________________________________

Parliamentary Economy: project to delete the zeros from the currency has become impossible due to corruption

09468dd746323ae09c4e75570f9b0d66_L

BAGHDAD / Baghdadi Uz..okdt Parliamentary Commission of Economy, on Thursday, said the project to delete the zeros from the currency has become impossible due to corruption, calling not to launch major new categories of currency.

The committee member said Abdul Salam al-Maliki, in an interview with / Baghdadi News / “The project to delete the zeros from the currency Ihtah to proper planning as the current conditions and the control of the powerful and corrupt financial matters prevented from approving this project,” noting that “a lot of powerful and corrupt may take advantage of this project acknowledged that, for whitening and laundered the stolen money. ”

He added that “the state has resorted to issuing new classes in a large currency, and this has led to damage to the Iraqi economy through the currency value loss, and in case the insistence of the state to issue new classes as planned, the Iraqi economy could collapse,” calling to “not to issue no new class before the study results “.anthy 21 / d

albaghdadianews.com

BGG ~ Am I the only one thinking this is odd?? Maybe “thou dost protesteth too much”??

______________________________________________________________

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

Be sure to join the Dinar Updates “private” FaceBook Group…

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

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

Press Release – Iraq Stock Exchange Convention on the electronic trading system online trading investors remotely with Manaf Software Company

Iraq Stock Exchange formally signed the Convention on the electronic trading system via the Internet trading after investors with Manaf software company on Monday, November 14 2016.

Agreement included a license to use the electronic trading system via the Internet for five brokerage firms active as a first stage are: urban, spring, Carmel, Mesopotamia, Elaf. Implementation of the project plan includes the creation of the electronic system and the development of tasks and services that will allow the investor trading on the shareholding companies, bonds and any listed securities in the market through this system and via the Internet, like any investor, trading in the market hall. And organize all financial settlements and equity in accordance with procedures and instructions of the prevailing market.

Managers Commissioners for brokerage firms have received special training for management will be followed by another training for authorized and opened the door to train investors by brokerage firms and the Association of mediators money leaves to spread the culture of investment and expand its base by trading stocks and bonds from anywhere in the world. It is hoped the project officially launched during the first quarter of 2017 after completion of the binding mechanisms with the Iraq Stock Exchange systems and build the required access sites.

mubasher.info

LIVE UPDATES: Battle for Mosul, Day 31

-

10:34pm

The Hashd al-Shaabi forces say they have completely taken over Tal Afar airport from ISIS. Hashd spokesman Ahmed al-Assadi said his forces will shortly start hunting for ISIS militants who have remained at the airport and who may be hiding.

5:04pm

Iraq’s War Media Office says federal police forces have liberated the village of Al-A’zba, south of Mosul, from ISIS and raised the Iraqi flag there.

4:27pm

At least one child was killed and tens of other people wounded in ISIS mortar attacks in Mosul’s Zahra neighborhood today . Some locals who spoke to Rudaw said they were caught in the crossfire, suffering both from ISIS bombs and retaliatory fire by the Iraqi Army.

A wounded woman, clearly in pain, complained there is no hospital anywhere near to treat her injury from a mortar attack.

4:02pm

Iraqi forces control most of Mosul’s Tahrir neighborhood

Iraqi forces are now in control of “the larger part” of the Tahrir neighborhood in northeastern Mosul, Lt. Gen. Abdulwahab al-Saadi from Iraq’s Golden Brigade forces told Rudaw in Tahrir.

2:14pm

Shiite Hashd al-Shaabi closes in on Tal Afar airport

The Shiite paramilitary group known as Hashd al-Shaabi said on Wednesday that with support from the Iraqi air force they are closing in on Tal Afar airport which would mean cutting off ISIS from its Mosul stronghold.

“The Tal Afar airport has fallen militarily to our forces after the liberation of Tal Ramh village which is 2 kilometers away from the airport,” the Shiite paramilitary said in a statement on Wednesday.

It also said the Iraqi air force is providing air cover to the advancing forces.

The Hashd al-Shaabi said on Tuesday “that control over the airport will pave the way to liberate Tal Afar district and will cut the last ISIS supply line between Tal Afar and Mosul.”
Follow the war on Rudaw’s Live Map

mosul

Map legend:

Dark green – under Peshmerga control
Light green – encircled/battling by Peshmerga
Red – under Iraqi control
Pink – encircled/battling by Iraqi forces
Yellow – under Hashd al-Shaabi control
Orange – encircled/battling by Hashd al-Shaabi
—
10:31am

Child killed in ISIS mortar attack in Mosul, dozens of civilians injured

At least one child was killed in an ISIS mortar attack on the newly liberated eastern neighborhood of al-Zahra Wednesday morning, and a number of others injured as captured by Rudaw cameras.

Relatives rushed the wounded to Iraqi troops stationed in the area for treatment.

Rudaw’s Nalin Barwari reported that many civilians still living in the area.

Also in Tahrir neighborhood 12 civilians were injured in what appeared to be an ISIS bombardment.

Clashes between the Iraqi forces and ISIS militants resumed today after a day of calm.

Iraqi military officials said they silenced their guns for a day to clear several liberated neighborhoods of explosives and fortify their positions.

Rudaw.net

______________________________________________________________

Iraq:

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


______________________________________________________________

CURRENCY CODE SELL BUY
US dollar USD 1182.000 1180.000
Euro EUR 1264.976 1264.344
British pound GBP 1468.871 1468.137
Canadian dollar CAD 881.038 880.597
Swiss franc CHF —– —–
Swedish krona SEK 128.739 128.674
Norwegian krone NOK 139.438 139.368
Danish krone DKK 169.974 169.889
Japanese yen JPY 10.844 10.839
Special
Drawing Rights
SDR 1606.527 1605.724


Indicative rates – 11.17.2016

http://www.cbi.iq/

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

www.DinarUpdates.com

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

Dinar Daily NEWS Blog – November 16th

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

Word for the day…

Mrs. BGG

Iraqi Dinar/Dollar auction 11-16-16 (most recent listing)

Currency Auctions Announcement No. 3320

This daily currency auction was held in the Central Bank of Iraq on the 11-16-2016

The results were as follows:

DETAILS NOTES
Number of banks 28
Number of remittance companies 15
Auction price selling dinar / US$ 1182
Auction price buying dinar / US$ —–
Amount sold at auction price (US$) 148,181,665
Amount purchased at Auction price (US$) —–
Total offers for buying (US$) 148,181,665
Total offers for selling (US$) —–

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

One of the greatest delusions in the world is the hope that the evils in this world are to be cured by legislation. – Thomas Brackett Reed

*** Current News ***

Kaperoni (Dinar Guru) –   Article:   “Reasons to delete three zeros from the Iraqi dinar and what it means to delete the zeros from currency”   Quote:  “Start procedures to delete three zeros from the currency in 2017”    The good news is it looks like we will see something happening in just a month or so.

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

Dinar Updates – “The After Call!!”
Tues nite – Nov 15th – 7:30pm CST

w/RCookie, Mr White & Hutch
Click-N-Listen!!

Smart phone user link – Click here

firefly (Dinar Guru) –   So, am I excited that the CBI told us the lifting the 3 zeros from the marketplace will begin in early 2017?  You better believe I am…

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

Reasons to delete three zeros from the Iraqi dinar and what it means to delete the zeros from currency

Omar Al-Fateh – The reasons for deleting three zeros from the Iraqi dinar and what it means to delete the three zeroes from the Iraqi currency, the fact deleting three zeros from the Iraqi dinar, the official source at the Central Bank of Iraq, said that the beginning of the beginning of 2017, will the central Bey Iraqi deleting three zeros from the currency of Iraq, Finance Committee also announced in parliament that the central bank will start at the beginning of 2017 by deleting three zeros from the local currency, in other words, that the unity of the coin in 1000 dinars from the old currency will be replaced by only one denarius of the new currency, and so on.

Start procedures to delete three zeros from the currency in 2017

Going on in the minds of many Iraqis that the important question of whether to raise (the zeros from the Iraqi dinar) harm or benefit? Thus why do not we raise the zeros, the official source in the Iraqi Central Bank stressed that the purpose of deleting three zeros from the currency of Iraq is to lift the economy and prosperity to raise support for the dinar, which will be a key reason for the return of Iraq’s economy again in January 2017, the step by Iraq intended to reform the local currency system based on the use of the currency too high denominations, which leads to difficulties in handling and in private transactions accounts, as well as higher prices resulting from the use of monetary units higher categories, which leads to a decline in the currency and declining purchasing power exchange rate the dinar in a big way.

CBI decision to remove three zeros from the Iraqi dinar

Iraqi Central Bank chairman said that the deletion of three zeros from the Iraqi dinar will help in flourishing once again the Iraqi economy and the return of the Iraqi currency traded in international stock markets, the deletion of zeros restore Iraqi currency mind in periods of monetary turmoil and declining public revenues of the state at a time when the expenses increase, resort states often to print more of the local currency, leading to price hikes and the occurrence of high inflation, the need to cross categories with high currencies such as the one thousand and one million one hundred thousand … etc., and with every raise in the denomination as the economy enters the furnace of inflation.

Why delete the three zeroes from the Iraqi dinar

The aim of deleting three zeros from the currency of Iraq is one of the means to control the high inflation is monetary reform, coupled with a change in monetary policy by the old currency high Pfiadtha replacement of a new currency with lower categories so prices tend to decline, but does he have on inflation? The answer is no, because the elimination of inflation is required to follow state moderate monetary policy, an official at the Central Bank of Iraq and stressed that the Iraqi dinar will be the vital currency in global stock markets and the central bank is currently discussing the principles of starting the project and its laws on the beginning of the project of the year 2017 and stressed that the new currency will not have a significant impact on the major currencies, but will raise the Iraqi economy.

Read More: http://www.dinarupdates.com/showthread.php?43595-Reasons-to-delete-three-zeros-from-the-Iraqi-dinar&p=165323#post165323

BGG (Dinar Guru) –  Adding value is a part of the “note removal” process…without value – why would anyone want to carry a smaller denomination (No zero notes)?  I am skeptical about 1st Q 2017 – them telling everyone doesn’t make a lot of sense – unless they do it earlier than that...AND they’ve already said it will BEGIN in early 2017.   That’s only 47 days away…

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

Follow us on twitter @DinarUpdates !!

follow Dinar Updates on twitterDon’t MISS – “DU NEWS TIME” w/MadDScout, 1Bobby and More!! Nov. 17 7:30pm EST – In DU CHAT!!

www.DinarUpdates.com – save as favorite

______________________________________________________________

wmawhite (Dinar Guru) –  […[BGG] mentioned it might come out as exotic currency what does that really mean?]  If it has value and there is someone on this planet that will exchange it for me, it doesn’t matter.

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

______________________________________________________________

The CBI decision to remove three zeros from the currency of Iraq beginning in 2017

I know the CBI decision to remove three zeros from the currency of Iraq beginning in 2017

An official source at the Central Bank of Iraq that the beginning of the beginning of 2017, will the central Iraqi Bey deleting three zeros from the currency of Iraq.

The official source at the Central Bank of Iraq emphasized that the purpose of deleting three zeros from the currency of Iraq is to lift the economy and prosperity to raise support for the Kuwaiti Iraqi dinar, which will be a key reason for the return of Iraq’s economy again.

He stressed that the Iraqi dinar will be the vital currency in global stock markets and the central bank is currently discussing the principles of starting the project and its laws on the beginning of the project from 2017 and confirmed that the new currency will not have a significant impact on the major currencies, but will raise the Iraqi economy.

Iraqi Central Bank chairman said that this step will help the Iraqi economy booming again and the return of the Iraqi currency traded in international stock markets.

I know the CBI decision to remove three zeros from the currency of Iraq beginning in 2017 through Thagafna source

Filkhbr.com

______________________________________________________________

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

Be sure to join the Dinar Updates “private” FaceBook Group…

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

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

The central bank begins its first steps to delete the three zeroes from the currency

cid_d4398fd0-f0a8-475b-a9aa-3cd78d3ef86bhome

The governor of the Iraqi Central Bank, said the bank began to develop the first steps of the project to delete the three zeroes from the Iraqi currency.

Between the Keywords in a statement that the aim of the deletion of three zeros is to support the Iraqi dinar, and make it a competitor to foreign currencies, pointing out that this project is strategic It will serve as the country ‘s economy, as the dinar will be included in the global basket of currencies in the vital exchanges. He added that the bank is working on mechanisms for the implementation of the project, it is expected to start at the beginning of 2017.

He pointed out that the Keywords introduction of the new currency does not mean the destruction of ancient coins, but will continue to trade for about 10 years.

Courtesy of RCookie

Read More: http://www.dinarupdates.com/showthread.php?43559-The-central-bank-begins-its-first-steps-to-delete-the-three-zeroes-RCookie

______________________________________________________________

Iraq:

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


______________________________________________________________

CURRENCY CODE SELL BUY
US dollar USD 1182.000 1180.000
Euro EUR 1272.423 1271.787
British pound GBP 1468.753 1468.019
Canadian dollar CAD 877.636 877.197
Swiss franc CHF 1185.200 1184.607
Swedish krona SEK 129.927 129.862
Norwegian krone NOK 140.061 139.991
Danish krone DKK 170.948 170.862
Japanese yen JPY 10.955 10.949
Special
Drawing Rights
SDR 1611.716 1610.910

Indicative rates – 11.16.2016

http://www.cbi.iq/

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

www.DinarUpdates.com

Posted in Daily Dinar Updates | Tagged , , , , , , , , , , , , , , , , , , , | Comments Off on Dinar Daily NEWS Blog – November 16th

Dinar Daily NEWS Blog – November 15th

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

Word for the day…

13100956_10204381548938872_7938426060381791414_n

Mrs. BGG

Iraqi Dinar/Dollar auction 11-15-16 (most recent listing)

Currency Auctions Announcement No. 3319

This daily currency auction was held in the Central Bank of Iraq on the 11-15-2016

The results were as follows:

DETAILS NOTES
Number of banks 34
Number of remittance companies 16
Auction price selling dinar / US$ 1182
Auction price buying dinar / US$ —–
Amount sold at auction price (US$) 148,849,754
Amount purchased at Auction price (US$) —–
Total offers for buying (US$) 148,849,754
Total offers for selling (US$) —–

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

Money is only a tool. It will take you wherever you wish, but it will not replace you as the driver. – Ayn Rand

*** Current News ***

BGG (Dinar Guru) –   […if three zeros are removed, a hypothetical is, eight $25,000 note would become a $25 note is that correct?]  First off – it’s a 25k DINAR note… worth $25 USD (currently)…and when they get done revaluing – no matter what the USD value is – or should be OUT OF IRAQ…inside Iraq – 1 Dinar will still be worth 1 Dinar…a Dinar is a Dinar... so ask yourself – again, when they are writing these articles about their currency – who are they talking to?  Iraqi’s – where a Dinar is still going to be worth a Dinar…so what are they removing?  …it’s NOT A LOP – that is what taking a 25k (IQD) note to a 25 IQD note would be – and there’s NO WAY…So…if it’s NOT NOMINAL VALUE… AKA – .00086 >> .86 and it’s NOT A LOP… AKA 25,000 = a 25 IQD note…then what is it?  a removal of the bigger – 3 zero notes over a period of time… 

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

Follow us on twitter @DinarUpdates !!

follow Dinar Updates on twitterDon’t MISS – “DU NEWS TIME” w/Rcookie & Hutch – Tues Nov. 15 6:30pm CST – In DU CHAT!!

www.DinarUpdates.com – save as favorite

SteveI (Dinar Guru) –   [Dropping the three zeros is merely a description of the coming new lower denomination currency. On the magic day whatever day that is…The lower denominations will be announced and issued …including a 25 dinar note, a 10 dinar note, the 5 dinar note, and so on…Concurrent with that event the exchange rate will be updated to whatever value they have determined…Be it $.85 to the dinar, or $1.16 to the dinar, or $3.45 to the Dinar…]  This is how we believe it to happen…

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

Reasons to delete three zeros from the Iraqi dinar and what it means to delete the zeros from currency

Omar Al-Fateh – The reasons for deleting three zeros from the Iraqi dinar and what it means to delete the three zeroes from the Iraqi currency, the fact deleting three zeros from the Iraqi dinar, the official source at the Central Bank of Iraq, said that the beginning of the beginning of 2017, will the central Bey Iraqi deleting three zeros from the currency of Iraq, Finance Committee also announced in parliament that the central bank will start at the beginning of 2017 by deleting three zeros from the local currency, in other words, that the unity of the coin in 1000 dinars from the old currency will be replaced by only one denarius of the new currency, and so on.

Start procedures to delete three zeros from the currency in 2017

Going on in the minds of many Iraqis that the important question of whether to raise (the zeros from the Iraqi dinar) harm or benefit? Thus why do not we raise the zeros, the official source in the Iraqi Central Bank stressed that the purpose of deleting three zeros from the currency of Iraq is to lift the economy and prosperity to raise support for the dinar, which will be a key reason for the return of Iraq’s economy again in January 2017, the step by Iraq intended to reform the local currency system based on the use of the currency too high denominations, which leads to difficulties in handling and in private transactions accounts, as well as higher prices resulting from the use of monetary units higher categories, which leads to a decline in the currency and declining purchasing power exchange rate the dinar in a big way.

CBI decision to remove three zeros from the Iraqi dinar

Iraqi Central Bank chairman said that the deletion of three zeros from the Iraqi dinar will help in flourishing once again the Iraqi economy and the return of the Iraqi currency traded in international stock markets, the deletion of zeros restore Iraqi currency mind in periods of monetary turmoil and declining public revenues of the state at a time when the expenses increase, resort states often to print more of the local currency, leading to price hikes and the occurrence of high inflation, the need to cross categories with high currencies such as the one thousand and one million one hundred thousand … etc., and with every raise in the denomination as the economy enters the furnace of inflation.

Why delete the three zeroes from the Iraqi dinar

The aim of deleting three zeros from the currency of Iraq is one of the means to control the high inflation is monetary reform, coupled with a change in monetary policy by the old currency high Pfiadtha replacement of a new currency with lower categories so prices tend to decline, but does he have on inflation? The answer is no, because the elimination of inflation is required to follow state moderate monetary policy, an official at the Central Bank of Iraq and stressed that the Iraqi dinar will be the vital currency in global stock markets and the central bank is currently discussing the principles of starting the project and its laws on the beginning of the project of the year 2017 and stressed that the new currency will not have a significant impact on the major currencies, but will raise the Iraqi economy.

Read More: http://www.dinarupdates.com/showthread.php?43595-Reasons-to-delete-three-zeros-from-the-Iraqi-dinar&p=165323#post165323

BGG (Dinar Guru) –   …there have been several BARN BURNER ARTICLES lately…Here’s a couple of…headlines from the last few days…  “Reasons to delete three zeros from the Iraqi dinar and what it means to delete the zeros from currency“;  “The central bank begins its first steps to delete the three zeroes from the currency“;  “The CBI decision to remove three zeros from the currency of Iraq beginning in 2017“.  They are pretty much telling us what’s happening…it’s VERY EXCITING!

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

Dinar Updates – “The After Call!!”
Tues nite – Nov 15th – 7:30pm CST

w/RCookie, Mr White & Hutch
1-641-715-3640 pin#528733

from Nov 1st – Smart phone user link – Click here

______________________________________________________________

wmawhite (Dinar Guru) –  […[BGG] mentioned it might come out as exotic currency what does that really mean?]  If it has value and there is someone on this planet that will exchange it for me, it doesn’t matter.

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

______________________________________________________________

The CBI decision to remove three zeros from the currency of Iraq beginning in 2017

I know the CBI decision to remove three zeros from the currency of Iraq beginning in 2017

An official source at the Central Bank of Iraq that the beginning of the beginning of 2017, will the central Iraqi Bey deleting three zeros from the currency of Iraq.

The official source at the Central Bank of Iraq emphasized that the purpose of deleting three zeros from the currency of Iraq is to lift the economy and prosperity to raise support for the Kuwaiti Iraqi dinar, which will be a key reason for the return of Iraq’s economy again.

He stressed that the Iraqi dinar will be the vital currency in global stock markets and the central bank is currently discussing the principles of starting the project and its laws on the beginning of the project from 2017 and confirmed that the new currency will not have a significant impact on the major currencies, but will raise the Iraqi economy.

Iraqi Central Bank chairman said that this step will help the Iraqi economy booming again and the return of the Iraqi currency traded in international stock markets.

I know the CBI decision to remove three zeros from the currency of Iraq beginning in 2017 through Thagafna source

Filkhbr.com

______________________________________________________________

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

Be sure to join the Dinar Updates “private” FaceBook Group…

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

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

The central bank begins its first steps to delete the three zeroes from the currency

cid_d4398fd0-f0a8-475b-a9aa-3cd78d3ef86bhome

The governor of the Iraqi Central Bank, said the bank began to develop the first steps of the project to delete the three zeroes from the Iraqi currency.

Between the Keywords in a statement that the aim of the deletion of three zeros is to support the Iraqi dinar, and make it a competitor to foreign currencies, pointing out that this project is strategic It will serve as the country ‘s economy, as the dinar will be included in the global basket of currencies in the vital exchanges. He added that the bank is working on mechanisms for the implementation of the project, it is expected to start at the beginning of 2017.

He pointed out that the Keywords introduction of the new currency does not mean the destruction of ancient coins, but will continue to trade for about 10 years.

Courtesy of RCookie

Read More: http://www.dinarupdates.com/showthread.php?43559-The-central-bank-begins-its-first-steps-to-delete-the-three-zeroes-RCookie

______________________________________________________________

Iraq:

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


______________________________________________________________

CURRENCY CODE SELL BUY
US dollar USD 1182.000 1180.000
Euro EUR 1288.853 1288.208
British pound GBP 1491.684 1490.938
Canadian dollar CAD —– —–
Swiss franc CHF 1199.635 1199.035
Swedish krona SEK 130.107 130.042
Norwegian krone NOK 141.403 141.332
Danish krone DKK 173.179 173.093
Japanese yen JPY 11.078 11.072
Special
Drawing Rights
SDR 1622.508 1621.697

Indicative rates – 11.15.2016

http://www.cbi.iq/

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

www.DinarUpdates.com

Posted in Daily Dinar Updates | Tagged , , , , , , , , , , , , , , , , , , | Comments Off on Dinar Daily NEWS Blog – November 15th

Dinar Daily NEWS Blog – November 14th

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

Word for the day…

13178599_10204370570304413_3718123505720975191_n

Mrs. BGG

Iraqi Dinar/Dollar auction 11-14-16 (most recent listing)

Currency Auctions Announcement No. 3318

This daily currency auction was held in the Central Bank of Iraq on the 11-14-2016

The results were as follows:

DETAILS NOTES
Number of banks 32
Number of remittance companies 15
Auction price selling dinar / US$ 1182
Auction price buying dinar / US$ —–
Amount sold at auction price (US$) 148,425,067
Amount purchased at Auction price (US$) —–
Total offers for buying (US$) 148,425,067
Total offers for selling (US$) —–

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

Capitalism knows only one color: that color is green; all else is necessarily subservient to it. – Thomas Sowell

*** Current News ***

Follow us on twitter @DinarUpdates !!

follow Dinar Updates on twitterDon’t MISS – “DU NEWS TIME” w/Rcookie & Hutch – Tues Nov. 15 6:30pm CST – In DU CHAT!!

www.DinarUpdates.com – save as favorite

BGG (Dinar Guru) –   Article quote:  “The governor of the Iraqi Central Bank, said the bank began to develop the first steps of the project to delete the three zeroes from the Iraqi currency.”   “…the bank is working on mechanisms for the implementation of the project, it is expected to start at the beginning of 2017.”   This is really the only article that matters…”begins it’s first steps…”  …which implies they are on this “1st Q 2017” or before…and make it a competitor to foreign currencies…”  Boom.   “…the beginning of 2017…” as per their phrasing – is like, 49 days away?  I think I can hang in there that long.

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

Reasons to delete three zeros from the Iraqi dinar and what it means to delete the zeros from currency

Omar Al-Fateh – The reasons for deleting three zeros from the Iraqi dinar and what it means to delete the three zeroes from the Iraqi currency, the fact deleting three zeros from the Iraqi dinar, the official source at the Central Bank of Iraq, said that the beginning of the beginning of 2017, will the central Bey Iraqi deleting three zeros from the currency of Iraq, Finance Committee also announced in parliament that the central bank will start at the beginning of 2017 by deleting three zeros from the local currency, in other words, that the unity of the coin in 1000 dinars from the old currency will be replaced by only one denarius of the new currency, and so on.

Start procedures to delete three zeros from the currency in 2017

Going on in the minds of many Iraqis that the important question of whether to raise (the zeros from the Iraqi dinar) harm or benefit? Thus why do not we raise the zeros, the official source in the Iraqi Central Bank stressed that the purpose of deleting three zeros from the currency of Iraq is to lift the economy and prosperity to raise support for the dinar, which will be a key reason for the return of Iraq’s economy again in January 2017, the step by Iraq intended to reform the local currency system based on the use of the currency too high denominations, which leads to difficulties in handling and in private transactions accounts, as well as higher prices resulting from the use of monetary units higher categories, which leads to a decline in the currency and declining purchasing power exchange rate the dinar in a big way.

CBI decision to remove three zeros from the Iraqi dinar

Iraqi Central Bank chairman said that the deletion of three zeros from the Iraqi dinar will help in flourishing once again the Iraqi economy and the return of the Iraqi currency traded in international stock markets, the deletion of zeros restore Iraqi currency mind in periods of monetary turmoil and declining public revenues of the state at a time when the expenses increase, resort states often to print more of the local currency, leading to price hikes and the occurrence of high inflation, the need to cross categories with high currencies such as the one thousand and one million one hundred thousand … etc., and with every raise in the denomination as the economy enters the furnace of inflation.

Why delete the three zeroes from the Iraqi dinar

The aim of deleting three zeros from the currency of Iraq is one of the means to control the high inflation is monetary reform, coupled with a change in monetary policy by the old currency high Pfiadtha replacement of a new currency with lower categories so prices tend to decline, but does he have on inflation? The answer is no, because the elimination of inflation is required to follow state moderate monetary policy, an official at the Central Bank of Iraq and stressed that the Iraqi dinar will be the vital currency in global stock markets and the central bank is currently discussing the principles of starting the project and its laws on the beginning of the project of the year 2017 and stressed that the new currency will not have a significant impact on the major currencies, but will raise the Iraqi economy.

Read More: http://www.dinarupdates.com/showthread.php?43595-Reasons-to-delete-three-zeros-from-the-Iraqi-dinar&p=165323#post165323

SteveI (Dinar Guru) –   Article:   “Delete the three zeroes from the currency of Iraq early in 2017”  Quote:  “…the aim of the deletion of three zeros is to support the Iraqi dinar, and make it a competitor to foreign currencies, pointing out that this strategic project will serve the country’s economy, as the dinar will be included in the global basket of currencies in the vital exchanges. He added that the bank is working on mechanisms for the implementation of the project, it is expected to start at the beginning of 2017.”  Now I am getting very encouraged and starting to get excited.  It is finally coming our way.  […do you feel or are you hearing we will need to wait until 2017 or could it just be any day after they liberate Mosul?]  I think early 2017 seem to be what many are talking about.

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

Dinar Updates – “The After Call!!”
Tues nite – Nov 15th – 7:30pm CST

w/RCookie, Mr White & Hutch
1-641-715-3640 pin#528733

from Nov 1st – Smart phone user link – Click here

______________________________________________________________

BGG (Dinar Guru) –   [So what is your take on this latest “Upgrading of the Iraqi Currency” rash of articles?]  …even though this is likely a “second circle” commenter…it sure is nice to hear someone in that sphere talking (affirmation) along these lines…  AND this isn’t “confirming” anything HAS happened… but still adds another log on the “fire” – so to speak…and this speaks to the very heart of the matter for many people… “IS THIS REAL“?   …after all this FBI intervention… had this NOT BEEN REAL – there is NO DOUBT they would have been able to attack the veracity of this – as an investment around that time.  AND…I (even for myself) go back to the FUNDAMENTAL DOCUMENTS as my “proofs” for my thesis… The SIGR Report…The LOI’s…All of the IMF Documents.  The EVIDENCE MOUNTS DAILY.   “Affirmation”…

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

______________________________________________________________

The CBI decision to remove three zeros from the currency of Iraq beginning in 2017

I know the CBI decision to remove three zeros from the currency of Iraq beginning in 2017

An official source at the Central Bank of Iraq that the beginning of the beginning of 2017, will the central Iraqi Bey deleting three zeros from the currency of Iraq.

The official source at the Central Bank of Iraq emphasized that the purpose of deleting three zeros from the currency of Iraq is to lift the economy and prosperity to raise support for the Kuwaiti Iraqi dinar, which will be a key reason for the return of Iraq’s economy again.

He stressed that the Iraqi dinar will be the vital currency in global stock markets and the central bank is currently discussing the principles of starting the project and its laws on the beginning of the project from 2017 and confirmed that the new currency will not have a significant impact on the major currencies, but will raise the Iraqi economy.

Iraqi Central Bank chairman said that this step will help the Iraqi economy booming again and the return of the Iraqi currency traded in international stock markets.

I know the CBI decision to remove three zeros from the currency of Iraq beginning in 2017 through Thagafna source

Filkhbr.com

______________________________________________________________

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

Be sure to join the Dinar Updates “private” FaceBook Group…

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

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

The central bank begins its first steps to delete the three zeroes from the currency

cid_d4398fd0-f0a8-475b-a9aa-3cd78d3ef86bhome

The governor of the Iraqi Central Bank, said the bank began to develop the first steps of the project to delete the three zeroes from the Iraqi currency.

Between the Keywords in a statement that the aim of the deletion of three zeros is to support the Iraqi dinar, and make it a competitor to foreign currencies, pointing out that this project is strategic It will serve as the country ‘s economy, as the dinar will be included in the global basket of currencies in the vital exchanges. He added that the bank is working on mechanisms for the implementation of the project, it is expected to start at the beginning of 2017.

He pointed out that the Keywords introduction of the new currency does not mean the destruction of ancient coins, but will continue to trade for about 10 years.

Courtesy of RCookie

Read More: http://www.dinarupdates.com/showthread.php?43559-The-central-bank-begins-its-first-steps-to-delete-the-three-zeroes-RCookie

______________________________________________________________

Iraq:

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


______________________________________________________________

CURRENCY CODE SELL BUY
US dollar USD 1182.000 1180.000
Euro EUR 1288.853 1288.208
British pound GBP 1491.684 1490.938
Canadian dollar CAD —– —–
Swiss franc CHF 1199.635 1199.035
Swedish krona SEK 130.107 130.042
Norwegian krone NOK 141.403 141.332
Danish krone DKK 173.179 173.093
Japanese yen JPY 11.078 11.072
Special
Drawing Rights
SDR 1622.508 1621.697

Indicative rates – 11.14.2016
http://www.cbi.iq/

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

www.DinarUpdates.com

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

Dinar Daily NEWS Blog – November 13th

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

Word for the day…

Mrs. BGG

Iraqi Dinar/Dollar auction 11-13-16 (most recent listing)

Currency Auctions Announcement No. 3317

This daily currency auction was held in the Central Bank of Iraq on the 11-13-2016

The results were as follows:

DETAILS NOTES
Number of banks 34
Number of remittance companies 15
Auction price selling dinar / US$ 1182
Auction price buying dinar / US$ —–
Amount sold at auction price (US$) 148,395,914
Amount purchased at Auction price (US$) —–
Total offers for buying (US$) 148,395,914
Total offers for selling (US$) —–

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

If ever there was a holy war, it was that which saved our liberties and gave us independence. – Thomas Jefferson

*** Current News ***

Follow us on twitter @DinarUpdates !!

follow Dinar Updates on twitterDon’t MISS – “DU NEWS TIME” w/BGG & Company – Sunday Nov. 13th 7:30pm EST – In the DU CHAT ROOM!!

www.DinarUpdates.com – save as favorite

Hub (Dinar Guru) –   Article:  “CENTRAL BANK: THE DELETION OF ZEROS IN EARLY 2017“  Quote:  “The governor of the Iraqi Central Bank on the Keywords that project to delete the zeros will be implemented in early 2017, indicating that the bank began to develop the first steps of the project.”    …a thought, they are about to change the value of a 25,000 note from $22 to maybe $75,000, why would they say we are going to do this is 2017 so every tom, dick and harry can go buy some more…i think it is a ploy and i would not be surprised to see it much quicker…   […since the CBI indicating the dropping of the 3 zeros in early 2017, does that mean that based on this article we wouldn’t see a change until then or would they have to begin the rate change part of the process sooner…?]  in my own humble opinion, i think they would have to implement the change before dropping the zeros which is really bring out lower denoms and getting the big notes off the street.

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

Reasons to delete three zeros from the Iraqi dinar and what it means to delete the zeros from currency

Omar Al-Fateh – The reasons for deleting three zeros from the Iraqi dinar and what it means to delete the three zeroes from the Iraqi currency, the fact deleting three zeros from the Iraqi dinar, the official source at the Central Bank of Iraq, said that the beginning of the beginning of 2017, will the central Bey Iraqi deleting three zeros from the currency of Iraq, Finance Committee also announced in parliament that the central bank will start at the beginning of 2017 by deleting three zeros from the local currency, in other words, that the unity of the coin in 1000 dinars from the old currency will be replaced by only one denarius of the new currency, and so on.

Start procedures to delete three zeros from the currency in 2017

Going on in the minds of many Iraqis that the important question of whether to raise (the zeros from the Iraqi dinar) harm or benefit? Thus why do not we raise the zeros, the official source in the Iraqi Central Bank stressed that the purpose of deleting three zeros from the currency of Iraq is to lift the economy and prosperity to raise support for the dinar, which will be a key reason for the return of Iraq’s economy again in January 2017, the step by Iraq intended to reform the local currency system based on the use of the currency too high denominations, which leads to difficulties in handling and in private transactions accounts, as well as higher prices resulting from the use of monetary units higher categories, which leads to a decline in the currency and declining purchasing power exchange rate the dinar in a big way.

CBI decision to remove three zeros from the Iraqi dinar

Iraqi Central Bank chairman said that the deletion of three zeros from the Iraqi dinar will help in flourishing once again the Iraqi economy and the return of the Iraqi currency traded in international stock markets, the deletion of zeros restore Iraqi currency mind in periods of monetary turmoil and declining public revenues of the state at a time when the expenses increase, resort states often to print more of the local currency, leading to price hikes and the occurrence of high inflation, the need to cross categories with high currencies such as the one thousand and one million one hundred thousand … etc., and with every raise in the denomination as the economy enters the furnace of inflation.

Why delete the three zeroes from the Iraqi dinar

The aim of deleting three zeros from the currency of Iraq is one of the means to control the high inflation is monetary reform, coupled with a change in monetary policy by the old currency high Pfiadtha replacement of a new currency with lower categories so prices tend to decline, but does he have on inflation? The answer is no, because the elimination of inflation is required to follow state moderate monetary policy, an official at the Central Bank of Iraq and stressed that the Iraqi dinar will be the vital currency in global stock markets and the central bank is currently discussing the principles of starting the project and its laws on the beginning of the project of the year 2017 and stressed that the new currency will not have a significant impact on the major currencies, but will raise the Iraqi economy.

Read More: http://www.dinarupdates.com/showthread.php?43595-Reasons-to-delete-three-zeros-from-the-Iraqi-dinar&p=165323#post165323

BGG (Dinar Guru) –   [So what is your take on this latest “Upgrading of the Iraqi Currency” rash of articles?]  …even though this is likely a “second circle” commenter…it sure is nice to hear someone in that sphere talking (affirmation) along these lines…  AND this isn’t “confirming” anything HAS happened… but still adds another log on the “fire” – so to speak…and this speaks to the very heart of the matter for many people… “IS THIS REAL“?   …after all this FBI intervention… had this NOT BEEN REAL – there is NO DOUBT they would have been able to attack the veracity of this – as an investment around that time.  AND…I (even for myself) go back to the FUNDAMENTAL DOCUMENTS as my “proofs” for my thesis… The SIGR Report…The LOI’s…All of the IMF Documents.  The EVIDENCE MOUNTS DAILY.   “Affirmation”…

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

Dinar Updates – “Behind the Scenes!!”
from Tues nite – Nov 1st

w/RCookie, Mr White & Hutch

Smart phone user link – Click here

______________________________________________________________

Enorrste (Dinar Guru) –   The CBI will begin destroying the large notes, thus reducing the money supply, and this will put upward pressure on the value of the currency, irrespective of Article VIII.  If they also accept the Article VIII conditions, which I believe is the stated goal of the IMF, then the process could move along much faster.  Trade would improve in Iraq, thus allowing more money to come into the country, relieving the liquidity crisis somewhat, and this would allow the CBI to begin reducing the money supply.  They are clearly on record that they want the money supply to be brought down to 40 billion dinars.  They just have to have a mechanism to make this happen without too much of a jolt internally.  And, of course, they have to START.  I believe the article is saying that they have made a determination that the start will happen in early 2017.

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

______________________________________________________________

The CBI decision to remove three zeros from the currency of Iraq beginning in 2017

I know the CBI decision to remove three zeros from the currency of Iraq beginning in 2017

An official source at the Central Bank of Iraq that the beginning of the beginning of 2017, will the central Iraqi Bey deleting three zeros from the currency of Iraq.

The official source at the Central Bank of Iraq emphasized that the purpose of deleting three zeros from the currency of Iraq is to lift the economy and prosperity to raise support for the Kuwaiti Iraqi dinar, which will be a key reason for the return of Iraq’s economy again.

He stressed that the Iraqi dinar will be the vital currency in global stock markets and the central bank is currently discussing the principles of starting the project and its laws on the beginning of the project from 2017 and confirmed that the new currency will not have a significant impact on the major currencies, but will raise the Iraqi economy.

Iraqi Central Bank chairman said that this step will help the Iraqi economy booming again and the return of the Iraqi currency traded in international stock markets.

I know the CBI decision to remove three zeros from the currency of Iraq beginning in 2017 through Thagafna source

Filkhbr.com

______________________________________________________________

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

Be sure to join the Dinar Updates “private” FaceBook Group…

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

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

The central bank begins its first steps to delete the three zeroes from the currency

cid_d4398fd0-f0a8-475b-a9aa-3cd78d3ef86bhome

The governor of the Iraqi Central Bank, said the bank began to develop the first steps of the project to delete the three zeroes from the Iraqi currency.

Between the Keywords in a statement that the aim of the deletion of three zeros is to support the Iraqi dinar, and make it a competitor to foreign currencies, pointing out that this project is strategic It will serve as the country ‘s economy, as the dinar will be included in the global basket of currencies in the vital exchanges. He added that the bank is working on mechanisms for the implementation of the project, it is expected to start at the beginning of 2017.

He pointed out that the Keywords introduction of the new currency does not mean the destruction of ancient coins, but will continue to trade for about 10 years.

Courtesy of RCookie

Read More: http://www.dinarupdates.com/showthread.php?43559-The-central-bank-begins-its-first-steps-to-delete-the-three-zeroes-RCookie

______________________________________________________________

Iraq:

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


______________________________________________________________

CURRENCY CODE SELL BUY
US dollar USD 1182.000 1180.000
Euro EUR 1287.789 1287.145
British pound GBP 1466.862 1466.129
Canadian dollar CAD 877.180 876.741
Swiss franc CHF 1197.083 1196.485
Swedish krona SEK 130.683 130.617
Norwegian krone NOK 141.933 141.862
Danish krone DKK 173.057 172.971
Japanese yen JPY 11.161 11.156
Special
Drawing Rights
SDR 1620.770 1619.960

Indicative rates – 11.13.2016

http://www.cbi.iq/

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

www.DinarUpdates.com

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

Dinar Daily NEWS Blog – November 12th

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

Word for the day…

Mrs. BGG

Iraqi Dinar/Dollar auction 11-10-16 (most recent listing)

Currency Auctions Announcement No. 3316

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

The results were as follows:

DETAILS NOTES
Number of banks 32
Number of remittance companies 15
Auction price selling dinar / US$ 1182
Auction price buying dinar / US$ —–
Amount sold at auction price (US$) 148,551,279
Amount purchased at Auction price (US$) —–
Total offers for buying (US$) 148,551,279
Total offers for selling (US$) —–

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

 

The only way to love people, deeply and sincerely, is to not take them seriously. – Maja Spencer

*** Current News ***

The central bank begins its first steps to delete the three zeroes from the currency

cid_d4398fd0-f0a8-475b-a9aa-3cd78d3ef86bhome

The governor of the Iraqi Central Bank, said the bank began to develop the first steps of the project to delete the three zeroes from the Iraqi currency.

Between the Keywords in a statement that the aim of the deletion of three zeros is to support the Iraqi dinar, and make it a competitor to foreign currencies, pointing out that this project is strategic It will serve as the country ‘s economy, as the dinar will be included in the global basket of currencies in the vital exchanges. He added that the bank is working on mechanisms for the implementation of the project, it is expected to start at the beginning of 2017.

He pointed out that the Keywords introduction of the new currency does not mean the destruction of ancient coins, but will continue to trade for about 10 years.

Courtesy of RCookie

Read More: http://www.dinarupdates.com/showthread.php?43559-The-central-bank-begins-its-first-steps-to-delete-the-three-zeroes-RCookie

Hub (Dinar Guru) –   Article:  “CENTRAL BANK: THE DELETION OF ZEROS IN EARLY 2017“  Quote:  “The governor of the Iraqi Central Bank on the Keywords that project to delete the zeros will be implemented in early 2017, indicating that the bank began to develop the first steps of the project.”    …a thought, they are about to change the value of a 25,000 note from $22 to maybe $75,000, why would they say we are going to do this is 2017 so every tom, dick and harry can go buy some more…i think it is a ploy and i would not be surprised to see it much quicker…   […since the CBI indicating the dropping of the 3 zeros in early 2017, does that mean that based on this article we wouldn’t see a change until then or would they have to begin the rate change part of the process sooner…?]  in my own humble opinion, i think they would have to implement the change before dropping the zeros which is really bring out lower denoms and getting the big notes off the street.

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

Central publishes a schedule prices, gold bullion and coins, and confirms that the latest unavailable

cid_e0029c9c-9672-473d-95ac-462adc82e088homeThe deployment of the Iraqi Central Bank, on Wednesday, a schedule prices gold bullion and coins for the current week, as he pointed out that the coins are currently unavailable.

Bank and publish a schedule of prices of gold bullion and coins for the current week Alsumaria News received a copy of it, and the table that the specie 15 g and which normally retails for 751 thousand dinars unavailable while the price minted reached 22 carat g 1.099 million dinars and referred to it is currently unavailable.

cid_eaf5a649-5ef4-4941-97fa-b8bf25351332home

Table and he explained that alloy 5 g price stood at 260,000 dinars, while the price of alloy 50 g amounted to 2.606 million dinars.

Courtesy of RCookie

HMMM… GOLD COINS NOT CURRENTLY AVAILABLE…..

Read More: http://www.dinarupdates.com/showthread.php?43537-Central-publishes-a-schedule-prices-gold-bullion-and-coins-RCookie

Follow us on twitter @DinarUpdates !!

follow Dinar Updates on twitterDon’t MISS – “DU NEWS TIME” w/BGG & Company – Sunday Nov. 13th 7:30pm EST – In the DU CHAT ROOM!!

www.DinarUpdates.com – save as favorite

rcookie (Dinar Guru) –   Article quote:  “Chief financial officer at the US Embassy in Iraq, John Sullivan has praised the efforts of Iraq in the reform of the central bank, which confirmed that the bank «completed within a year more than what has been accomplished in the past 13 years.”   …WHICH IS WHY THE CBI IS GETTING RAVE REVIEWS FROM IMF AND UST...AND THE TRANSPARENT CRITIQUE FROM POLITICAL AND MEDIA SOURCES SO TRANSPARENT AND SUSPECT…   …CBI REFORMING BANKING SECTOR…AND THE UST AND IMF LAUDING THEIR RESULTS WITH CLAIMS THAT THEY HAVE DONE MORE IN THE LAST YEAR…THAN THE PAST 13 YEARS COMBINED…THIS IS CRITICALLY IMPORTANT STUFF…

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

The Central bank refuses to bury the money and calls on citizens to acquire government bonds

Alsumaria News / Baghdad – Rejected the central bank, on Wednesday, “bury” the money underground, while calling on citizens to purchase government bonds.

The bank said in a statement received Alsumaria News , a copy of which was “noted the increasing incidence of the audience to revisit replace buried currency very large amounts . ” noting that “this process is a negative indicator of the lack of interest in the national currency.” the bank , “he said the national currency was buried lead to harm deliberately national currency and carries extra Colva,” adding that “currency is a symbol of national sovereignty and symbols.”

The bank called for “citizens ‘ interest in the national currency and not to bury it in the ground and go back to keep them at the government and private banks,” urging them to ” the acquisition of government bonds alternative to hoarding as a means of saving.”

Founded CBI independent bank under the law issued on the sixth of March 2004, as an independent body, which is responsible for maintaining price stability and the implementation of monetary policy, including exchange rate policies are being daily sessions for buying and selling currencies.

Alsumaria News

Courtesy RCookie

Read More: http://www.dinarupdates.com/showthread.php?43536-The-central-bank-refuses-to-bury-the-money-and-calls-on-citizens-RCookie

BGG (Dinar Guru) –   [So what is your take on this latest “Upgrading of the Iraqi Currency” rash of articles?]  …even though this is likely a “second circle” commenter…it sure is nice to hear someone in that sphere talking (affirmation) along these lines…  AND this isn’t “confirming” anything HAS happened… but still adds another log on the “fire” – so to speak…and this speaks to the very heart of the matter for many people… “IS THIS REAL“?   …after all this FBI intervention… had this NOT BEEN REAL – there is NO DOUBT they would have been able to attack the veracity of this – as an investment around that time.  AND…I (even for myself) go back to the FUNDAMENTAL DOCUMENTS as my “proofs” for my thesis… The SIGR Report…The LOI’s…All of the IMF Documents.  The EVIDENCE MOUNTS DAILY.   “Affirmation”…

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

Magda Tamimi: Rethinking the fiscal policy has become inevitable

cid_a255becb-dc46-442e-a945-76b8b9f5165ahome
BAGHDAD /tomorrow Press –
Confirmed the parliamentary finance committee member Majda al-Tamimi, said Tuesday that re-examine the fiscal policy in the country has become inevitable, stressing that it is necessary to diversify the revenue until the economy not be subject to fluctuations in world oil prices and policy affecting the oil market.

She said Tamimi in an interview for “tomorrow’s Press,” that “the general budget still depends largely on the oil revenues, which amounted to about 86%not to mention the absence of other sectors and have yet to find those considering or actual steps of the previous governments and the current to change this approach, it is imperative to restore public finance policy and provide what is more worthy to work with and this is it inevitable to provide subject for discussion”.

She said Tamimi, “it is necessary to diversify its revenue so it is not the economy subject to fluctuations in world oil prices and policy affecting the oil market,” indicating that “it is by stimulating the export subsidy policy and the trend towards investment in the real sector and the importance of opening the door for foreign direct investment as playing a significant role to reduce production costs and improve quality”.

She stressed that “there are ideas and proposals submitted to the Committee and will be discussed in turn after the completion of the vote on the 2017 budget being busy, and will be discussed by effectively to put an end to this file, which repeats its mistakes every year without change”.

Alghadpress.com

Courtesy RCookie

GM GUYS..

HERE IS TAMIMI PROVIDING SOME EXCITING INSIGHT AS TO IRAQ’S 2017 OIL RELIANCE DOWN TO 86%….BIG MOVE FROM THE 95% FROM PAST AND IMF EMPHASIS ON WANING OIL RELIANCE…

ALSO SHE OUTLINES THAT FOREIGN DIRECT INVESTMENT (FDI) AND RESTORATION OF SOUND PUBLIC FINANCE POLICY AS MEANS OF DRIVING IRAQ’S EXPORT CAPABILITIES THROUGH IMPROVING IRAQI MADE GOODS PRODUCTION COSTS AND QUALITY WITH APPLICATION OF THIS FDI…WHICH SHE POINTS OUT HAS BEEN TALKED ABOUT IN THE PAST BUT NOT ACTED ON…..

SORT OF PLAYS INTO SALEH STATEMENT ABOUT “IT BEING TIME FOR DEEDS AND NOT WORDS” IN THE STRATEGIES TO REPAIR IRAQ’S ECONOMY…

Read More: http://www.dinarupdates.com/showthread.php?43535-Magda-Tamimi-Rethinking-the-fiscal-policy-has-become-inevitable-RCookie

Dinar Updates – “Behind the Scenes!!”
from Tues nite – Nov 1st

w/RCookie, Mr White & Hutch

Smart phone user link – Click here

______________________________________________________________

Enorrste (Dinar Guru) –   The CBI will begin destroying the large notes, thus reducing the money supply, and this will put upward pressure on the value of the currency, irrespective of Article VIII.  If they also accept the Article VIII conditions, which I believe is the stated goal of the IMF, then the process could move along much faster.  Trade would improve in Iraq, thus allowing more money to come into the country, relieving the liquidity crisis somewhat, and this would allow the CBI to begin reducing the money supply.  They are clearly on record that they want the money supply to be brought down to 40 billion dinars.  They just have to have a mechanism to make this happen without too much of a jolt internally.  And, of course, they have to START.  I believe the article is saying that they have made a determination that the start will happen in early 2017.

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

______________________________________________________________

KEYWORDS: BANKS CURRENTLY CLASSIFIED ACCORDING TO THE INTERNATIONAL CLASSIFICATION SOON

Governor of the Central Bank on the Keywords revealed that the central bank will announce the names of the banks in accordance with international rating by one of the world Rating companies that are working on the evaluation of these banks.

A statement issued by the media office of the bank on Wednesday received Iraqi Transmission Network (IBN) that it came in his answers through questions directed to him at a seminar hosted by Two Rivers Center for dialogue on monetary policy in Iraq that have been identified valuable three axes currency loans and developmental stages of the Central consultations window with the monetary fund on the facilities and external lending.

Keywords and said according to the statement that the banks will get the Commission’s assessments will be considerably increased its stake in the window of the currency as committed in the sales mechanism instructions and under the stated price. This took place dialogues made by the House of Representatives and the officials and participants about the problems that arise due to the currency window.

The symposium recommended the need for stakeholders commitment to media statements that are offensive to the country’s reputation and its economy after the cut facts about the participants.

For his part, Chairman of the Association of Banks and Wadih Handal said that the accusations directed to money laundering, but detrimental to the reputation of Iraq and should be accurate.

Keywords added that the options can not be implemented without the continuation of the currency window to secure the necessary liquidity.

The participants came up with conviction that there is no other option at the moment after the window briefed on the advantages and disadvantages.

Ibnnews.net

Read More: http://www.dinarupdates.com/showthread.php?43528-Banks-currently-classified-according-to-the-international-classification-soon

______________________________________________________________

Central banks will lend banks and civil trillion dinars to revive economy

cid_3097ee69-f0aa-45e3-ac08-eb005fa66348homeEconomic Adviser to the Prime Minister Haider al-Abadi revealed that the Iraqi Central Bank will lend banks and civil banks trillion dinars.

He said the appearance of Mohammed in a press statement that ‘the CBI will be distributed loans worth trillion dinars on private banks estimated fair, under the controls and the ability to manage it.’

Saleh added that ‘the loans will include small and medium enterprises that are active capital and the economic cycle in Iraq’, noting that ‘some of the complaints which may be raised by the private banks, but the central bank is able to solve it’, denying ‘presence Marqlat on loan or delay in distribution’ .

He said the move ‘in order to develop the local economy and resolve the economic problems of the citizens and the support to the initiative of loans launched by the Central Bank of Iraq. ”

The Governor of the Central Bank and the Agency on the Keywords held this week a series of visits included a number of private banks to determine the main obstacles and challenges faced by banks in order to reach one goal, a financial and economic stability.

Courtesy RCookie

Read More: http://www.dinarupdates.com/showthread.php?43532-Central-banks-will-lend-banks-and-civil-trillion-dinars-to-revive-economy-RCookie

______________________________________________________________

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

Be sure to join the Dinar Updates “private” FaceBook Group…

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

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

1022014-7421-bnmbnmbnmn

Central Bank: the deletion of zeros in early 2017

Benefits:

1.adraj Iraqi dinar within the global currency basket and handle it officially the world ‘s stock exchanges and financial markets.

2.amkanah held economic agreements to handle the national currency as Iraq could hold Order dollar instead dinar when the contract to build two production lines deals agreements or transactions Stirad goods this will cover a very large part of the foreign remittances that are squandering of national wealth from foreign exchange.

3.illt trading allows dealing in Iraqi dinar in the Iraqi market and not rely on foreign and squandered currencies and Bosrtha transfer abroad by the private and public sector, which is the sovereign wealth dissipated abroad a small, non – essential positions and luxury in Iraq at the time need this wealth of storage as a reserve.

4.seetm rid of manipulating market currency exchange and finish the so – called auction sell the currency , “” burning oven dollar “”

5.satoagaf work corrupt suspicious of banks and their agents and Smaserthm “” contractor and investor cartoons ”

6.seetm capping the highest amounts transferred abroad of currency the dollar and the euro and the yen sterling and the yuan exchange – active and other pound to ensure that no smuggling the vast majority of trades of currency smuggling.

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

He said: ” the purpose of deleting three zeros from the Iraqi currency is to support the Iraqi dinar and make it a competitor of foreign currency”, returned him as “this strategic project will serve the country ‘s economy if will be inclusion of the Iraqi dinar in the global basket of currencies in the vital world stock markets. ”

He added that” the Bank is working on mechanisms for the implementation of this project is expected to start at the beginning of 2017 , “noting that” the central bank began the first steps of the project through the selection of the designs , companies and the country that will be the currency printing. ”

He pointed out that” the new currency entry does not mean the destruction of ancient coins, but will continue to trade for about ten years , “pointing out that” this period will enable the central bank to withdraw the old currency in accordance with the dynamics and mechanics in order to preserve liquidity In the market ”

Alrasheedmedia.com

______________________________________________________________

Iraq:

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


______________________________________________________________

CURRENCY CODE SELL BUY
US dollar USD 1182.000 1180.000
Euro EUR 1302.800 1302.149
British pound GBP 1470.408 1469.673
Canadian dollar CAD 881.563 881.122
Swiss franc CHF 1215.674 1215.066
Swedish krona SEK 131.643 131.578
Norwegian krone NOK 142.862 142.791
Danish krone DKK 175.067 174.979
Japanese yen JPY 11.600 11.594
Special
Drawing Rights
SDR 1635.072 1634.255

Indicative rates – 11.12.2016

http://www.cbi.iq/

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

www.DinarUpdates.com

Posted in Daily Dinar Updates | Comments Off on Dinar Daily NEWS Blog – November 12th

Dinar Daily NEWS Blog – November 11th

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

Word for the day…

Mrs. BGG

Iraqi Dinar/Dollar auction 11-10-16 (most recent listing)

Currency Auctions Announcement No. 3316

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

The results were as follows:

DETAILS NOTES
Number of banks 32
Number of remittance companies 15
Auction price selling dinar / US$ 1182
Auction price buying dinar / US$ —–
Amount sold at auction price (US$) 148,551,279
Amount purchased at Auction price (US$) —–
Total offers for buying (US$) 148,551,279
Total offers for selling (US$) —–

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

And to all Veterans – THANK YOU!!

*** Current News ***

The central bank begins its first steps to delete the three zeroes from the currency

cid_d4398fd0-f0a8-475b-a9aa-3cd78d3ef86bhome

The governor of the Iraqi Central Bank, said the bank began to develop the first steps of the project to delete the three zeroes from the Iraqi currency.

Between the Keywords in a statement that the aim of the deletion of three zeros is to support the Iraqi dinar, and make it a competitor to foreign currencies, pointing out that this project is strategic It will serve as the country ‘s economy, as the dinar will be included in the global basket of currencies in the vital exchanges. He added that the bank is working on mechanisms for the implementation of the project, it is expected to start at the beginning of 2017.

He pointed out that the Keywords introduction of the new currency does not mean the destruction of ancient coins, but will continue to trade for about 10 years.

Courtesy of RCookie

Read More: http://www.dinarupdates.com/showthread.php?43559-The-central-bank-begins-its-first-steps-to-delete-the-three-zeroes-RCookie

Hub (Dinar Guru) –   Article:  “CENTRAL BANK: THE DELETION OF ZEROS IN EARLY 2017“  Quote:  “The governor of the Iraqi Central Bank on the Keywords that project to delete the zeros will be implemented in early 2017, indicating that the bank began to develop the first steps of the project.”    …a thought, they are about to change the value of a 25,000 note from $22 to maybe $75,000, why would they say we are going to do this is 2017 so every tom, dick and harry can go buy some more…i think it is a ploy and i would not be surprised to see it much quicker…   […since the CBI indicating the dropping of the 3 zeros in early 2017, does that mean that based on this article we wouldn’t see a change until then or would they have to begin the rate change part of the process sooner…?]  in my own humble opinion, i think they would have to implement the change before dropping the zeros which is really bring out lower denoms and getting the big notes off the street.

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

Central publishes a schedule prices, gold bullion and coins, and confirms that the latest unavailable

cid_e0029c9c-9672-473d-95ac-462adc82e088homeThe deployment of the Iraqi Central Bank, on Wednesday, a schedule prices gold bullion and coins for the current week, as he pointed out that the coins are currently unavailable.

Bank and publish a schedule of prices of gold bullion and coins for the current week Alsumaria News received a copy of it, and the table that the specie 15 g and which normally retails for 751 thousand dinars unavailable while the price minted reached 22 carat g 1.099 million dinars and referred to it is currently unavailable.

cid_eaf5a649-5ef4-4941-97fa-b8bf25351332home

Table and he explained that alloy 5 g price stood at 260,000 dinars, while the price of alloy 50 g amounted to 2.606 million dinars.

Courtesy of RCookie

HMMM… GOLD COINS NOT CURRENTLY AVAILABLE…..

Read More: http://www.dinarupdates.com/showthread.php?43537-Central-publishes-a-schedule-prices-gold-bullion-and-coins-RCookie

Follow us on twitter @DinarUpdates !!

follow Dinar Updates on twitterDon’t MISS – “DU NEWS TIME” w/BGG & Company – Sunday Nov. 13th 7:30pm EST – In the DU CHAT ROOM!!

www.DinarUpdates.com – save as favorite

rcookie (Dinar Guru) –   Article quote:  “Chief financial officer at the US Embassy in Iraq, John Sullivan has praised the efforts of Iraq in the reform of the central bank, which confirmed that the bank «completed within a year more than what has been accomplished in the past 13 years.”   …WHICH IS WHY THE CBI IS GETTING RAVE REVIEWS FROM IMF AND UST...AND THE TRANSPARENT CRITIQUE FROM POLITICAL AND MEDIA SOURCES SO TRANSPARENT AND SUSPECT…   …CBI REFORMING BANKING SECTOR…AND THE UST AND IMF LAUDING THEIR RESULTS WITH CLAIMS THAT THEY HAVE DONE MORE IN THE LAST YEAR…THAN THE PAST 13 YEARS COMBINED…THIS IS CRITICALLY IMPORTANT STUFF…

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

The Central bank refuses to bury the money and calls on citizens to acquire government bonds

Alsumaria News / Baghdad – Rejected the central bank, on Wednesday, “bury” the money underground, while calling on citizens to purchase government bonds.

The bank said in a statement received Alsumaria News , a copy of which was “noted the increasing incidence of the audience to revisit replace buried currency very large amounts . ” noting that “this process is a negative indicator of the lack of interest in the national currency.” the bank , “he said the national currency was buried lead to harm deliberately national currency and carries extra Colva,” adding that “currency is a symbol of national sovereignty and symbols.”

The bank called for “citizens ‘ interest in the national currency and not to bury it in the ground and go back to keep them at the government and private banks,” urging them to ” the acquisition of government bonds alternative to hoarding as a means of saving.”

Founded CBI independent bank under the law issued on the sixth of March 2004, as an independent body, which is responsible for maintaining price stability and the implementation of monetary policy, including exchange rate policies are being daily sessions for buying and selling currencies.

Alsumaria News

Courtesy RCookie

Read More: http://www.dinarupdates.com/showthread.php?43536-The-central-bank-refuses-to-bury-the-money-and-calls-on-citizens-RCookie

BGG (Dinar Guru) –   [So what is your take on this latest “Upgrading of the Iraqi Currency” rash of articles?]  …even though this is likely a “second circle” commenter…it sure is nice to hear someone in that sphere talking (affirmation) along these lines…  AND this isn’t “confirming” anything HAS happened… but still adds another log on the “fire” – so to speak…and this speaks to the very heart of the matter for many people… “IS THIS REAL“?   …after all this FBI intervention… had this NOT BEEN REAL – there is NO DOUBT they would have been able to attack the veracity of this – as an investment around that time.  AND…I (even for myself) go back to the FUNDAMENTAL DOCUMENTS as my “proofs” for my thesis… The SIGR Report…The LOI’s…All of the IMF Documents.  The EVIDENCE MOUNTS DAILY.   “Affirmation”…

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

Magda Tamimi: Rethinking the fiscal policy has become inevitable

cid_a255becb-dc46-442e-a945-76b8b9f5165ahome
BAGHDAD /tomorrow Press –
Confirmed the parliamentary finance committee member Majda al-Tamimi, said Tuesday that re-examine the fiscal policy in the country has become inevitable, stressing that it is necessary to diversify the revenue until the economy not be subject to fluctuations in world oil prices and policy affecting the oil market.

She said Tamimi in an interview for “tomorrow’s Press,” that “the general budget still depends largely on the oil revenues, which amounted to about 86%not to mention the absence of other sectors and have yet to find those considering or actual steps of the previous governments and the current to change this approach, it is imperative to restore public finance policy and provide what is more worthy to work with and this is it inevitable to provide subject for discussion”.

She said Tamimi, “it is necessary to diversify its revenue so it is not the economy subject to fluctuations in world oil prices and policy affecting the oil market,” indicating that “it is by stimulating the export subsidy policy and the trend towards investment in the real sector and the importance of opening the door for foreign direct investment as playing a significant role to reduce production costs and improve quality”.

She stressed that “there are ideas and proposals submitted to the Committee and will be discussed in turn after the completion of the vote on the 2017 budget being busy, and will be discussed by effectively to put an end to this file, which repeats its mistakes every year without change”.

Alghadpress.com

Courtesy RCookie

GM GUYS..

HERE IS TAMIMI PROVIDING SOME EXCITING INSIGHT AS TO IRAQ’S 2017 OIL RELIANCE DOWN TO 86%….BIG MOVE FROM THE 95% FROM PAST AND IMF EMPHASIS ON WANING OIL RELIANCE…

ALSO SHE OUTLINES THAT FOREIGN DIRECT INVESTMENT (FDI) AND RESTORATION OF SOUND PUBLIC FINANCE POLICY AS MEANS OF DRIVING IRAQ’S EXPORT CAPABILITIES THROUGH IMPROVING IRAQI MADE GOODS PRODUCTION COSTS AND QUALITY WITH APPLICATION OF THIS FDI…WHICH SHE POINTS OUT HAS BEEN TALKED ABOUT IN THE PAST BUT NOT ACTED ON…..

SORT OF PLAYS INTO SALEH STATEMENT ABOUT “IT BEING TIME FOR DEEDS AND NOT WORDS” IN THE STRATEGIES TO REPAIR IRAQ’S ECONOMY…

Read More: http://www.dinarupdates.com/showthread.php?43535-Magda-Tamimi-Rethinking-the-fiscal-policy-has-become-inevitable-RCookie

Dinar Updates – “Behind the Scenes!!”
from Tues nite – Nov 1st

w/RCookie, Mr White & Hutch

Smart phone user link – Click here

______________________________________________________________

Enorrste (Dinar Guru) –   The CBI will begin destroying the large notes, thus reducing the money supply, and this will put upward pressure on the value of the currency, irrespective of Article VIII.  If they also accept the Article VIII conditions, which I believe is the stated goal of the IMF, then the process could move along much faster.  Trade would improve in Iraq, thus allowing more money to come into the country, relieving the liquidity crisis somewhat, and this would allow the CBI to begin reducing the money supply.  They are clearly on record that they want the money supply to be brought down to 40 billion dinars.  They just have to have a mechanism to make this happen without too much of a jolt internally.  And, of course, they have to START.  I believe the article is saying that they have made a determination that the start will happen in early 2017.

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

______________________________________________________________

KEYWORDS: BANKS CURRENTLY CLASSIFIED ACCORDING TO THE INTERNATIONAL CLASSIFICATION SOON

Governor of the Central Bank on the Keywords revealed that the central bank will announce the names of the banks in accordance with international rating by one of the world Rating companies that are working on the evaluation of these banks.

A statement issued by the media office of the bank on Wednesday received Iraqi Transmission Network (IBN) that it came in his answers through questions directed to him at a seminar hosted by Two Rivers Center for dialogue on monetary policy in Iraq that have been identified valuable three axes currency loans and developmental stages of the Central consultations window with the monetary fund on the facilities and external lending.

Keywords and said according to the statement that the banks will get the Commission’s assessments will be considerably increased its stake in the window of the currency as committed in the sales mechanism instructions and under the stated price. This took place dialogues made by the House of Representatives and the officials and participants about the problems that arise due to the currency window.

The symposium recommended the need for stakeholders commitment to media statements that are offensive to the country’s reputation and its economy after the cut facts about the participants.

For his part, Chairman of the Association of Banks and Wadih Handal said that the accusations directed to money laundering, but detrimental to the reputation of Iraq and should be accurate.

Keywords added that the options can not be implemented without the continuation of the currency window to secure the necessary liquidity.

The participants came up with conviction that there is no other option at the moment after the window briefed on the advantages and disadvantages.

Ibnnews.net

Read More: http://www.dinarupdates.com/showthread.php?43528-Banks-currently-classified-according-to-the-international-classification-soon

______________________________________________________________

Central banks will lend banks and civil trillion dinars to revive economy

cid_3097ee69-f0aa-45e3-ac08-eb005fa66348homeEconomic Adviser to the Prime Minister Haider al-Abadi revealed that the Iraqi Central Bank will lend banks and civil banks trillion dinars.

He said the appearance of Mohammed in a press statement that ‘the CBI will be distributed loans worth trillion dinars on private banks estimated fair, under the controls and the ability to manage it.’

Saleh added that ‘the loans will include small and medium enterprises that are active capital and the economic cycle in Iraq’, noting that ‘some of the complaints which may be raised by the private banks, but the central bank is able to solve it’, denying ‘presence Marqlat on loan or delay in distribution’ .

He said the move ‘in order to develop the local economy and resolve the economic problems of the citizens and the support to the initiative of loans launched by the Central Bank of Iraq. ”

The Governor of the Central Bank and the Agency on the Keywords held this week a series of visits included a number of private banks to determine the main obstacles and challenges faced by banks in order to reach one goal, a financial and economic stability.

Courtesy RCookie

Read More: http://www.dinarupdates.com/showthread.php?43532-Central-banks-will-lend-banks-and-civil-trillion-dinars-to-revive-economy-RCookie

______________________________________________________________

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

Be sure to join the Dinar Updates “private” FaceBook Group…

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

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

1022014-7421-bnmbnmbnmn

Central Bank: the deletion of zeros in early 2017

Benefits:

1.adraj Iraqi dinar within the global currency basket and handle it officially the world ‘s stock exchanges and financial markets.

2.amkanah held economic agreements to handle the national currency as Iraq could hold Order dollar instead dinar when the contract to build two production lines deals agreements or transactions Stirad goods this will cover a very large part of the foreign remittances that are squandering of national wealth from foreign exchange.

3.illt trading allows dealing in Iraqi dinar in the Iraqi market and not rely on foreign and squandered currencies and Bosrtha transfer abroad by the private and public sector, which is the sovereign wealth dissipated abroad a small, non – essential positions and luxury in Iraq at the time need this wealth of storage as a reserve.

4.seetm rid of manipulating market currency exchange and finish the so – called auction sell the currency , “” burning oven dollar “”

5.satoagaf work corrupt suspicious of banks and their agents and Smaserthm “” contractor and investor cartoons ”

6.seetm capping the highest amounts transferred abroad of currency the dollar and the euro and the yen sterling and the yuan exchange – active and other pound to ensure that no smuggling the vast majority of trades of currency smuggling.

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

He said: ” the purpose of deleting three zeros from the Iraqi currency is to support the Iraqi dinar and make it a competitor of foreign currency”, returned him as “this strategic project will serve the country ‘s economy if will be inclusion of the Iraqi dinar in the global basket of currencies in the vital world stock markets. ”

He added that” the Bank is working on mechanisms for the implementation of this project is expected to start at the beginning of 2017 , “noting that” the central bank began the first steps of the project through the selection of the designs , companies and the country that will be the currency printing. ”

He pointed out that” the new currency entry does not mean the destruction of ancient coins, but will continue to trade for about ten years , “pointing out that” this period will enable the central bank to withdraw the old currency in accordance with the dynamics and mechanics in order to preserve liquidity In the market ”

Alrasheedmedia.com

______________________________________________________________

Iraq:

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


______________________________________________________________

CURRENCY CODE SELL BUY
US dollar USD 1182.000 1180.000
Euro EUR 1302.800 1302.149
British pound GBP 1470.408 1469.673
Canadian dollar CAD 881.563 881.122
Swiss franc CHF 1215.674 1215.066
Swedish krona SEK 131.643 131.578
Norwegian krone NOK 142.862 142.791
Danish krone DKK 175.067 174.979
Japanese yen JPY 11.600 11.594
Special
Drawing Rights
SDR 1635.072 1634.255

Indicative rates – 11.11.2016

http://www.cbi.iq/

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

www.DinarUpdates.com

Posted in Daily Dinar Updates | Tagged , , , , , , , , , , , , , , , | Comments Off on Dinar Daily NEWS Blog – November 11th