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

Word for the day…

2 Corinthians 9:8 (NKJV)

8 And God is able to make all grace abound toward you, that you, always having all sufficiency in all things, may have an abundance for every good work.

Heavenly Father, Thank You that You are Faithful and True! Thank You for Your abundance of amazing grace for every good work.

In Jesus Name, Amen.

Mrs. BGG

Iraqi Dinar/Dollar auction (most recent listing) 01-11-15 

Currency Auctions Announcement No. 3112

This daily currency auction was held in the Central Bank of Iraq on the 01-11-2015

The results were as follows:

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

What this country needs is more unemployed politicians. – Edward Langley

*** Current News ***

Follow us on twitter @DinarUpdates !!

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

www.DinarUpdates.com – save as favorite!!

_____________________________________________________________

rcookie –  THE BUDGET AND ITS CONTENT WERE ONLY PART OF THE NEWS FROM LAST NIGHT…IN INK…TARIFFS & TAXES LAUNCHED…SMART CARDS (MOXIBUSTION CARDS) FOR IMPORT/EXPORT SINGLE WINDOW LAUNCHED…BUDGET POSTED (REVISED) WITH T&T AND STATEMENT OF POSTING IN GAZETTE…ELECTRONIC MECHANISMS FOR INTER COMMUNICATIONS BETWEEN ALL BORDER CHECKPOINTS… COMPLETE BREAKDOWN OF BUDGET LAST NIGHT  …MAJOR CHANGE IN CBI LAW & POLICY…ARTICLE 26 WITH CBI ABLE TO LEND DIRECTLY TO GOI…ALL LOANS FOR IRAQ…WB..IMF…ISLAMIC BANKS..COMMERCIAL BANKS…JICA JAPANESE LOAN…AND MANY MORE ALL ACCOUNTED FOR IN BUDGET. THE BUDGET IS IN 100% CONFORMITY WITH IMF & WB MANDATES AND EVERYTHING IS THERE INCLUDING KURDS 17%…PESHMERGA 3%…OIL AGREEMENT PARTICULARS…
______________________________________________________________

firefly (Dinar Guru) – You folks still trying to figure out the rate?  I GUARANTEE IT WON’T BE 5 CENTS…OR 1:1.  1:1 isn’t going to work.  I don’t do rates but anything less than pre war makes absolutely no sense to me just IMO.  Those are the only REAL numbers that have been in print… IMO…We are at the end now…From what I am being told by many people.  IMO they have run out of time…
______________________________________________________________

BGG – [Is it not true, where the CBI is saying they won’t change the rate, that the rate in the budget is already the new rate. This is how they can truthfully say they’re not changing it?]  it is true “someone” in the CBI has said they won’t change the rate… this rhetoric means little… there is no evidence the new rate is the the budget – or even that it would have to be? Did China have to go back and redo their budget once they revalued their currency up by 20%?  No.  Moreover – why would they “telegraph” such information?  there may well be articles saying as much… but until we actually see it in the Gazette and “in the budget” – there is no such evidence.  This is serious business… little people like us may be “on the fence” – but I can assure you – there are big investors out there keeping an eye on this, they are still “on board”.
______________________________________________________________

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

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

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

Big differences within the Dawa Party… Maliki’s coalition warns Abadi: Country our hands do not overload them

Party coalition rule of law led by Nuri al-Maliki, on Monday, Prime Minister Haider al-Abadi of the State overdo positions occupied by members of the coalition.

The MP said the National Alliance Salim Shawki’s “Eye Iraq News” that “the State of Law coalition is trying to keep the state under the control of its leader Nuri al-Maliki and not to change some chairpersons and important positions in the Iraqi state control,” noting that “what is behind the scenes Warning of a coalition of state law Ebadi for not compromising positions which underscores the Ansar al-Maliki 8 years ago. ”

Shawki called “Prime Minister Haider al-Abadi to freeze the membership of the invitation and the State of Law party in order to apply his reforms without any pressure partisan or political him,” adding, “Nana do not rule out that there will be a regional intervention refuses to provide Abadi resignation of the invitation and the State of Law Party.”

As shown an MP for the coalition of state law Emotions grace, on Monday, it was surprised to offer a coalition of citizens and paper reforms of the government, while some expressed the fear that is behind criticism of the government coalition of citizen demands “extortionate to gain certain positions.”

The coalition said the citizen, on Sunday, for the coalition to provide paper “radical reforms” to the prime minister Haider al-Abadi, and called for the implementation with the contents of the paper, it said that the religious authority raised the “yellow card” general government.

Read More: http://www.dinarupdates.com/showthread.php?28481-Big-differences-within-the-Dawa-Party-Maliki-s-coalition-warns-Abadi-Country-our

BGG – Sounds like big changes coming (to me)… the most obvious and critical SLC position up for grabs would the Gov of the CBI…

“Round Table” Dinar Call!!

“for Dinar News – that MATTERS!!”
from 01/07 – 5:30pm CST

 Smart phone user link – Click here

BGG News Time Chat 1-11-16 PM

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

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

BGG: How about we do a short Q & A tonite??

puffdragon: That PDF file last night that rcookie read from was it authentic and is this all real!!

BGG: I have no doubt… if it was a PDF rcookie was reading from – it was as real as the nose on your face right now.

BGG: Question what you like – but rcookie’s credibility is beyond reproach.

BGG: this ain’t TNT!!

raindropsnroses: Is there a link for pdf file? Or a short synopsis?

BGG: I will look for it – if not, I’ll get it and post it in the AM.

raindropsnroses: Thank you!

BGG: I’ll post that on THE BLOG tomorrow… maybe comment on it. BTW – I would appreciate it were you all to check in on it ONCE A DAY (support DU – Thanks!!)

Loop: http://www.bayancenter.org/en/wp-con…compressed.pdf
~~~

Read More: http://www.dinarupdates.com/showthread.php?28497-Bgg-newstime-1-11-16&p=142482#post142482
______________________________________________________________

CURRENCY CODE SELL BUY

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

http://www.cbi.iq/

Indicative rates – 01.11.2015

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

www.DinarUpdates.com

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

Word for the day…

Proverbs 16:20 (NKJV)

20 He who heeds the word wisely will find good,
And whoever trusts in the Lord, happy is he.

Heavenly Father, Thank You for Your Word, The Bible! We trust in You, Lord 🙂 In Jesus Name, Amen.

Mrs. BGG

Iraqi Dinar/Dollar auction (most recent listing) 01-10-15 

Currency Auctions Announcement No. 3111

This daily currency auction was held in the Central Bank of Iraq on the 01-10-2015

The results were as follows:

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

Most of the trouble in the world is caused by people wanting to be important. – T.S.Eliot

*** Current News ***

Follow us on twitter @DinarUpdates !!

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

www.DinarUpdates.com – save as favorite!!

_____________________________________________________________

BGG – […on the10th they are activating the smart cards to deal with tariffs as I understand and was wondering if they did that do you think we might see something then or shortly after?]  I have long said – “when you see the tariffs you will see a rate”… if they enact a broad tariff structure WITHOUT a rate (or currency shift of some kind) that would help mitigate the damage to the citizens – I WILL BE STUNNED. I am about 99.75% on this one.   …obviously – anything is possible. However, their own economist have warned them over and over… (AND the IMF is involved now).
______________________________________________________________

wmawhite (Dinar Guru) – Article:  “Deposit Insurance Law does the economy”   the deposit insurance strengthens the investment law activity and is another sign of them moving to a market driven economy…they are showing us their preparations.  They are preparing for the move.
______________________________________________________________

“Round Table” Dinar Call!!

“for Dinar News – that MATTERS!!”
from 01/07 – 5:30pm CST

 Smart phone user link – Click here

______________________________________________________________

Kaperoni (Dinar Guru) – Article quote:  “The other option is how to raise the Iraqi dinar exchange rate, although it may be a risk of selection have repercussions.”   I think the move to a market economy is being kept very tight lipped. As a result we are seeing all kinds of opinions coming out on how to solve the financial problems. I don’t see devaluing the dinar as a viable option when Iraq is totally dependent on imports. As well, reducing salaries is not an option as both would cause chaos. I think Abadi is going to look like hero pretty soon when they launch this event (sometime during 2016).
______________________________________________________________

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

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

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

It calls for central banks to buy gold Meskukath and confirms the arrival of specie 100 dinars

Called on the central bank, on Thursday, the banks to buy gold Meskukath, and while noting the arrival of specie 100 dinars category, stressed that the price of 720 000 dinars. The bank said in a statement Alsumaria News a copy of it, that “in order to diversify the public savings and to ensure receiving a gold 24 carat has contracted with an international company Stamping 5000 specie souvenir gold “, adding that” the coins are from 100 dinars category weight of 15 grams on the occasion of Eighty-fourth anniversary of the founding of the Iraqi PMA 1930, in addition to the 5000 specie category 250 dinars weight 22 grams on the occasion of sixty-eighth anniversary of the founding of the Central Bank of Iraq in 1947 “.

The bank said it “received the first category of these coins that are weighing 15 grams,” noting that he “will be put up for sale through banks, which will be determined by them.” He said the bank, “it was to determine the sale price of banks on the basis of cost and out of Baghdad International Airport plus Downloads administrative 1% of the cost to be the price per minted from this category by 720 000 dinars.

“The Central Bank, in January 2014, its intention to sell gold different weights for those wishing to purchase it from the citizens, adding that he began contracting procedures for imported and then sold through the banking system. The foundations of the Iraqi Central Bank 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 being sessions daily for buying and selling currencies.

Read More: http://www.dinarupdates.com/showthread.php?28208-Calls-for-central-banks-to-buy-gold-Meskukath-amp-confirms-arrival-of-specie-100-dinars

“Round Table” Dinar Call!!

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

Smart phone user link – Click here

BGG News Time Chat 1-06-16 PM

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

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

BGG: BTW – I get asked all the time – why would I post something I don’t COMPLETELY agree with??

BGG: Simple – who am I?? Just because I may or may not agree with “so and so…” doesn’t mean I won’t pass it on… (AND) we have “culled out” those I believe to be legit CON ARTISTS.

diagyAAAE: Is Iraq under Islamic Sharia Law? Are they considered an Islamic Country?

satrib: works for me…thank you

diagyAAAE: Religious Affairs: Do not “sanctity” to borrow from the International Monetary and Iraq is not an Islamic state

Wednesday 6 January 2016 | 19:21 BAGHDAD / .. The head of the Committee of Religious Endowments and Religious Affairs Abdel Azim parliamentary Ajman, Wednesday, borrowing from the International Monetary no “sanctity” the fact that Iraq is not an Islamic state and of government is not based on the “Caliphate”.

He said Ajman’s “Eye Iraq News” that “borrowing and usury is forbidden in Islamic law, but the situation in Iraq and the conditions experienced by the economic higher interest require the borrowing of some countries,” noting that “Iraq does not deal with an Islamic state, so there is a violation of the proceeded through borrowing Including”.

diagyAAAE: He said “there are international laws and the Iraq applied even if violated Islamic law, the fact that the supreme interest and the interests of the people requires that governance in Iraq is not an Islamic and succession approach,” stressing that “in the absence of borrowing and not to give the government the salaries of the staff may prompt some employees to different crimes for a living .. In borrowing pays the damage on the Iraqi people. ”

In what was considered a member of the Committee of Religious Endowments and Religious Affairs MP Salim Chockh Yi, a painful Wednesday, Iraq borrow from the International Monetary Fund “violation” of the provisions of Islamic Sharia law.

It announced the World Bank, in (December 18, 2015) agreed to give Iraq a loan of one billion and 200 million dollars to help Baghdad in controlling public finances and improve the efficiency of the energy sector and offset the decline in oil prices and the escalating costs of security conditions.

diagyAAAE: aynaliraqnews.com

BGG: I don’t think that would be accurate… they are heavily “influenced by Islamic teachings” – but generally (and historically) they have been something of a “secularist Muslim country”… what does that mean… not easy to quantify – but they are no Iran.

BGG: and this – generally – is probably good for us…

diagyAAAE: I would have to agree
~~~

Read More: http://www.dinarupdates.com/showthread.php?28201-Bgg-news-1-6-16
______________________________________________________________

CURRENCY CODE SELL BUY

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

Indicative rates – 01.10.2015

http://www.cbi.iq/

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

www.DinarUpdates.com

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

Word for the day…

2 Corinthians 9:8 (NKJV)

8 And God is able to make all grace abound toward you, that you, always having all sufficiency in all things, may have an abundance for every good work.

Heavenly Father, Thank You that You are Faithful and True! Thank You for Your abundance of amazing grace for every good work.

In Jesus Name, Amen.

Mrs. BGG

Iraqi Dinar/Dollar auction (most recent listing) 01-07-15 

Currency Auctions Announcement No. 3110

This daily currency auction was held in the Central Bank of Iraq on the 01-07-2015

The results were as follows:

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

The idea is quite unfounded, that on entering into society we give up any natural right. – Thomas Jefferson

*** Current News ***

“Round Table” Dinar Call!!

“for Dinar News – that MATTERS!!”
01/07 – 5:30pm CST
641-715-3640 pin#570743

 from 12/21 – Smart phone user link – Click here

_____________________________________________________________

BGG – […on the10th they are activating the smart cards to deal with tariffs as I understand and was wondering if they did that do you think we might see something then or shortly after?]  I have long said – “when you see the tariffs you will see a rate”… if they enact a broad tariff structure WITHOUT a rate (or currency shift of some kind) that would help mitigate the damage to the citizens – I WILL BE STUNNED. I am about 99.75% on this one.   …obviously – anything is possible. However, their own economist have warned them over and over… (AND the IMF is involved now).
______________________________________________________________

wmawhite (Dinar Guru) – Article:  “Deposit Insurance Law does the economy”   the deposit insurance strengthens the investment law activity and is another sign of them moving to a market driven economy…they are showing us their preparations.  They are preparing for the move.
______________________________________________________________

Kaperoni (Dinar Guru) – Article quote:  “The other option is how to raise the Iraqi dinar exchange rate, although it may be a risk of selection have repercussions.”   I think the move to a market economy is being kept very tight lipped. As a result we are seeing all kinds of opinions coming out on how to solve the financial problems. I don’t see devaluing the dinar as a viable option when Iraq is totally dependent on imports. As well, reducing salaries is not an option as both would cause chaos. I think Abadi is going to look like hero pretty soon when they launch this event (sometime during 2016).
______________________________________________________________

Follow us on twitter @DinarUpdates !!

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

www.DinarUpdates.com – save as favorite!!

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

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

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

It calls for central banks to buy gold Meskukath and confirms the arrival of specie 100 dinars

Called on the central bank, on Thursday, the banks to buy gold Meskukath, and while noting the arrival of specie 100 dinars category, stressed that the price of 720 000 dinars. The bank said in a statement Alsumaria News a copy of it, that “in order to diversify the public savings and to ensure receiving a gold 24 carat has contracted with an international company Stamping 5000 specie souvenir gold “, adding that” the coins are from 100 dinars category weight of 15 grams on the occasion of Eighty-fourth anniversary of the founding of the Iraqi PMA 1930, in addition to the 5000 specie category 250 dinars weight 22 grams on the occasion of sixty-eighth anniversary of the founding of the Central Bank of Iraq in 1947 “.

The bank said it “received the first category of these coins that are weighing 15 grams,” noting that he “will be put up for sale through banks, which will be determined by them.” He said the bank, “it was to determine the sale price of banks on the basis of cost and out of Baghdad International Airport plus Downloads administrative 1% of the cost to be the price per minted from this category by 720 000 dinars.

“The Central Bank, in January 2014, its intention to sell gold different weights for those wishing to purchase it from the citizens, adding that he began contracting procedures for imported and then sold through the banking system. The foundations of the Iraqi Central Bank 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 being sessions daily for buying and selling currencies.

Read More: http://www.dinarupdates.com/showthread.php?28208-Calls-for-central-banks-to-buy-gold-Meskukath-amp-confirms-arrival-of-specie-100-dinars

“Round Table” Dinar Call!!

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

Smart phone user link – Click here

BGG News Time Chat 1-07-16 PM

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

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

BGG: BTW – I get asked all the time – why would I post something I don’t COMPLETELY agree with??

BGG: Simple – who am I?? Just because I may or may not agree with “so and so…” doesn’t mean I won’t pass it on… (AND) we have “culled out” those I believe to be legit CON ARTISTS.

diagyAAAE: Is Iraq under Islamic Sharia Law? Are they considered an Islamic Country?

satrib: works for me…thank you

diagyAAAE: Religious Affairs: Do not “sanctity” to borrow from the International Monetary and Iraq is not an Islamic state

Wednesday 6 January 2016 | 19:21 BAGHDAD / .. The head of the Committee of Religious Endowments and Religious Affairs Abdel Azim parliamentary Ajman, Wednesday, borrowing from the International Monetary no “sanctity” the fact that Iraq is not an Islamic state and of government is not based on the “Caliphate”.

He said Ajman’s “Eye Iraq News” that “borrowing and usury is forbidden in Islamic law, but the situation in Iraq and the conditions experienced by the economic higher interest require the borrowing of some countries,” noting that “Iraq does not deal with an Islamic state, so there is a violation of the proceeded through borrowing Including”.

diagyAAAE: He said “there are international laws and the Iraq applied even if violated Islamic law, the fact that the supreme interest and the interests of the people requires that governance in Iraq is not an Islamic and succession approach,” stressing that “in the absence of borrowing and not to give the government the salaries of the staff may prompt some employees to different crimes for a living .. In borrowing pays the damage on the Iraqi people. ”

In what was considered a member of the Committee of Religious Endowments and Religious Affairs MP Salim Chockh Yi, a painful Wednesday, Iraq borrow from the International Monetary Fund “violation” of the provisions of Islamic Sharia law.

It announced the World Bank, in (December 18, 2015) agreed to give Iraq a loan of one billion and 200 million dollars to help Baghdad in controlling public finances and improve the efficiency of the energy sector and offset the decline in oil prices and the escalating costs of security conditions.

diagyAAAE: aynaliraqnews.com

BGG: I don’t think that would be accurate… they are heavily “influenced by Islamic teachings” – but generally (and historically) they have been something of a “secularist Muslim country”… what does that mean… not easy to quantify – but they are no Iran.

BGG: and this – generally – is probably good for us…

diagyAAAE: I would have to agree
~~~

Read More: http://www.dinarupdates.com/showthread.php?28201-Bgg-news-1-6-16
______________________________________________________________

CURRENCY CODE SELL BUY

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

Indicative rates – 01.07.2015

http://www.cbi.iq/

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

www.DinarUpdates.com

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

Word for the day…

2 Thessalonians 3:5 (NKJV)

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

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

Mrs. BGG

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

Currency Auctions Announcement No. 3109

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

The results were as follows:

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

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

*** Current News ***

Follow us on twitter @DinarUpdates !!

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

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

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

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

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

“Round Table” Dinar Call!!

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

Smart phone user link – Click here

______________________________________________________________

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

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

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

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

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

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

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

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

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

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

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

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

“Round Table” Dinar Call!!

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

Smart phone user link – Click here

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

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

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

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

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

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

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

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

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

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

CURRENCY CODE SELL BUY

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

http://www.cbi.iq/

Indicative rates – 01.05.2015

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

www.DinarUpdates.com

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

Word for the day…

Numbers 6:24-26 (NKJV)

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

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

Mrs. BGG

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

Currency Auctions Announcement No. 3108

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

The results were as follows:

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

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

*** Current News ***

Follow us on twitter @DinarUpdates !!

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

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

Enorrste (Dinar Guru) – Imposition of tariffs without a change to a float will not work. It will cause inflation in the country and place a heavy burden on the citizens of Iraq due to the higher prices. Unless they simultaneously allow the dinar to float (while reducing the money supply) then the Iraqi’s will see the value of their dinar fall precipitously due to the higher prices of imported goods.  The GOI tried this once already with trade into Kuwait and had to stop it immediately due to the disruption it caused. Now they are going to do it again over a larger territory.
______________________________________________________________

Kaperoni (Dinar Guru) – Article quote:  “but at this time no one can, not even Iraq to continue on the previous policy, because it is impossible to live on oil revenues only” The writing is on the wall.  They cannot make it much longer and even Zebari said so today...can’t pay salaries by April.  This is a going to be rather interesting the next few months.  Buckle up and let it come to us.
______________________________________________________________

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

“Round Table” Dinar Call!!

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

Smart phone user link – Click here

______________________________________________________________

President of the Republic Fuad Masum approves budget bill

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

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

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

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

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

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

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

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

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

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

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

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

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

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

“Round Table” Dinar Call!!

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

Smart phone user link – Click here

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

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

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

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

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

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

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

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

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

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

CURRENCY CODE SELL BUY

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

Indicative rates – 01.04.2015

http://www.cbi.iq/

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

www.DinarUpdates.com

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

Word for the day…

Numbers 6:24-26 (NKJV)

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

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

Mrs. BGG

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

Currency Auctions Announcement No. 3107

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

The results were as follows:

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

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

*** Current News ***

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

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

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

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

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

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

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

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

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

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

Follow us on twitter @DinarUpdates !!

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

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

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

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

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

“Round Table” Dinar Call!!

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

Smart phone user link – Click here

______________________________________________________________

President of the Republic Fuad Masum approves budget bill

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

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

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

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

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

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

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

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

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

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

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

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

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

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

“Round Table” Dinar Call!!

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

Smart phone user link – Click here

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

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

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

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

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

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

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

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

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

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

CURRENCY CODE SELL BUY

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

Indicative rates – 01.03.2015

http://www.cbi.iq/

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

www.DinarUpdates.com

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

Word for the day…

2 Thessalonians 3:3 (NKJV)

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

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

Mrs. BGG

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

Currency Auctions Announcement No. 3106

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

The results were as follows:

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

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

*** Current News ***

HAPPY NEW YEAR!!

Follow us on twitter @DinarUpdates !!

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

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

Poppy3 – …IT DOESNT GET BETTER… THEY CANT SAY IT ANY CLEARER. WHAT I HAVE DISCLOSED IS ALL IN INK AND STATED TO THE WORLD THAT IS LISTENING. HERE WE ARE AND THIS IS WHAT WE ARE DOING NOW.   THE ONLY OFFICIAL RATE EVER MENTIONED WAS GIVEN IN OCT 2010 AND NO ONE HAS EVERY SAID A WORD DIFFERENCE. I HAVE POSTED IT AT LEAST 1000 TIMES.
______________________________________________________________

Kaperoni – From CBI:  “Decides to re-evaluate these investment shares at the beginning of 2016 in the light of the prices traded by Iraq Stock Exchange,”    Iraq is running out of time.  With oil at $35 and expected to maybe drop to even lower, those reserves will be gone in no time.  They need currency reform now and they need to get this market economy going without delay.  That being said, I am hopeful this notice is the beginning of that reform.  I am optimistic.
______________________________________________________________

Arthur – In a nutshell it appears that every single element we could possibly hope to see has and is happening in real time. The Hydrocarbon Law governing funds distribution along with the requisite taxes and tariffs are imminent within the next  48 hours. We are witnessing the perfect storm that we have always dreamed of for a reality rate for our investment  literally any day now.  The security picture couldn’t be better as what you are getting is at least 8 days behind reality so consider it done. In the words of the late Michael Jackson: THIS IS IT!

“Round Table” Dinar Call!!

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

Smart phone user link – Click here

______________________________________________________________

Economist: Replace the currency of the positive benefits of Aaakhlu

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

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

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

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

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

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

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

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

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

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

______________________________________________________________

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

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

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

Millionday News Time Chat 12-31-15 PM Part 1 of 2

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

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

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

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

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

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

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

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

“Round Table” Dinar Call!!

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

Smart phone user link – Click here

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

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

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

Millionday: OK SO LET ME SHOW YOU ONE MORE THING

Millionday: WHAT IS REMITTANCE OF MONEY?

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

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

Millionday: CALL TONIGHT –DONT MISS IT

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

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

http://www.cbi.iq/

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

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