Dinar Daily NEWS Blog – Dec 29th

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

Dinar pic above Daily Dinar Value

Iraqi Dinar/Dollar auction (most recent listing) 12-29-15 

Currency Auctions Announcement No. 3105

This daily currency auction was held in the Central Bank of Iraq on the 12-29-2015

The results were as follows:

DETAILS NOTES
Number of banks 26
Number of remittance companies 18
Auction price selling dinar / US$ 1182
Auction price buying dinar / US$ —–
Amount sold at auction price (US$) 149,382,311
Amount purchased at Auction price (US$) —–
Total offers for buying (US$) 149,382,311
Total offers for selling (US$) —–

More: http://dinarupdates.com/observer/
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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 “NEWS TIME” in the DU CHAT ROOM – Tuesday evening at 7:30pm EST!!

www.DinarUpdates.com – save as favorite!!
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BGG – [Are the Tariffs still set to start soon? Like Jan 1?]  not sure – but if you see legit tariffs start and hold – you will see a rate…

Enorrste (Dinar Guru) – Article:  “Forthcoming meeting between Baghdad and Erbil for the application of the customs tariff law in all outlets“     If they apply the tariffs then the cost of goods will go up inside Iraq since Iraq imports the vast majority of its products.  The tariffs will help the GOI in terms of getting them more money, but at the cost of higher prices for the people.  Unless they also raise the value of the dinar in sync with the introduction of tariffs this will lead to inflation in Iraq.  Therefore one of two things will happen:  they will either postpone the tariffs or they will institute the float with the introduction of tariffs.  Time will tell.
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Frank26 (Dinar Guru) – It’s not a coincidence…that we look at a long weekend…no coincidence… meanwhile the ISX went ballistic today…they sold 619 million shares that is worth almost 500 billion IQD’s…all in one afternoon…that is why we sense we are very close to the international world…there is SECURITY to enter an international world…we do know they has stopped selling the USD…they only use their currency…you did notice there is a long weekend over the end of the year into the next year.  You do know the Iranian sanctions will be lifted in this same time frame…You do know the budget is to be implemented in this time frame.  You do know the taxes and tariffs are ready to be applied in all ports of Baghdad… Erbil…all of them…that is powerful…that is serious for a monetary reform.

“Round Table” Dinar Call!!

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

Smart phone user link – Click here

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Iraq revives plan to sell bonds two billion dollars

BAGHDAD (Reuters) – Finance Minister Hoshiyar Zebari told Reuters today that Iraq has revived a plan to sell bonds two billion dollars in 2016 at a time when the government is working on the face of the threat posed by the organization of the Islamic state.

He added that the 2016 draft budget provides for the government to sell bonds two billion dollars if lacked the sources of funding for the targeted spending.

And was suspended the bond sale plan – the first of its kind offered by the Iraqi government in the international market in about ten years – in October as investors demanded a yield of 11 percent Zebari said he is very high.

Zebari added that The government hopes to conclude a better deal if you decide to resort to the bond market in 2016 with the achievement of the armed forces victories continuously on the militants of the Islamic state and to support the World Bank and the International Monetary Fund of the Centre for government financial support.

“It will facilitate the international institutions’ confidence in the country’s process of issuing sovereign bonds.” I think that the liberalization of gray We will strengthen our position, “referring to the recovery of the army of the city, located in the west of Iraq of militants of the Islamic state on Sunday.

And sold Iraq in 2006 bonds worth $ 2.7 billion worth in 2028. He received Iraq on the classification -B of agency Fitch Ratings in August.

And landed oil prices to less than half in the last eighteen months, which is what the government trimmed crude sales, which make up 95 percent of it in income.

This worked so well for them last year. This is complete smoke. IMO – LOOP

Read More: http://www.dinarupdates.com/showthread.php?27620-Iraq-revives-plan-to-sell-bonds-two-billion-dollars-12-28

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

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

(Please note – we are posting daily News Articles slightly differently now)
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Millionday News Time Chat 12-27-15 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!!

Millionday: WE ARE PRAYING FOR ALL IN THE STORMS

Millionday: NOTE — THIS IS VERY INTERESTING AND NOTICE IT IS ALL ABOUT CALCULATION

Millionday: Urged a specialist in economic affairs to diversify their sources of income, either through investment of available natural resources in the country’s agricultural Kalmward, industrial, oil, etc., or the creation of foreign investment portfolio.

We mean the portfolio investment group of multiple types of investment shares are purchased from stock markets Global intended to invest these stocks in achieving tangible returns for the investor’s country.

Millionday: NOTE — THIS IS NOT DONE IN COUNTRY — THIS IS INTERNATIONAL INVESTMENT TO GROW THE PORTFOLIO THROUGH INTERNATIONAL INVESTMENT

Millionday: WHOOOPOW
~~~

Read More: http://www.dinarupdates.com/showthread.php?27540-Millionday-newstime-12-27-15

“Round Table” Dinar Call!!

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

Smart phone user link – Click here

Millionday News Time Chat 12-27-15 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!!

RickeyT: do you see any debt forgiveness in their future? Thank you.
RickeyT: Like the Paris agreement

Millionday: ANYTHING THAT WILL BENEFIT THE COUNTRY DOING THE FORGIVENESS AND ALSO THE GLOBE SEEMS TO BE ON THE TABLE SO I THINK JUST ABOUT ANY AGREEMENT WILL BE DONE –

THEY HAVE THE UN — IMF — AND WORLD BANK SAYING VERY POSITIVE THINGS ABOUT WHERE THEY ARE GOING AND THE HELP COMING –

THE IMF IS ASKING FOR TARIFF AND CUSTOMS TO BEGIN NOW SO MOVEMENT WILL BE HAPPENING WITH REVENUES ETC

Millionday: THE MARKET OF IRAQ IS WIDE OPEN AND THE OPPORTUNITY IS HUGE FOR ALL COUNTRIES
~~~

Read More: http://www.dinarupdates.com/showthread.php?27540-Millionday-newstime-12-27-15
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CURRENCY CODE SELL BUY

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

CURRENCY CODE SELL BUY
US dollar USD 1182.000 1180.000
Euro EUR 1295.708 1295.061
British pound GBP —– —–
Canadian dollar CAD —– —–
Swiss franc CHF 1197.204 1196.606
Swedish krona SEK 140.815 140.744
Norwegian krone NOK 135.846 135.779
Danish krone DKK 173.614 173.527
Japanese yen JPY 9.814 9.809
Special
Drawing Rights
SDR 1643.382 1642.560

Indicative rates – 12.29.2015

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

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Dinar Daily NEWS Blog – Dec 28th

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

Dinar pic above Daily Dinar Value

Iraqi Dinar/Dollar auction (most recent listing) 12-28-15 

Currency Auctions Announcement No. 3104

This daily currency auction was held in the Central Bank of Iraq on the 12-28-2015

The results were as follows:

DETAILS NOTES
Number of banks 22
Number of remittance companies 21
Auction price selling dinar / US$ 1182
Auction price buying dinar / US$ —–
Amount sold at auction price (US$) 138,485,411
Amount purchased at Auction price (US$) —–
Total offers for buying (US$) 138,485,411
Total offers for selling (US$) —–

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 “NEWS TIME” in the DU CHAT ROOM – Tuesday evening at 7:30pm EST!!

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

Poppy3 (Dinar Guru) – Quote:  “Ahmed Al Thani…The end of the year and the central bank will stop the exchange rate for a period of two or three days of the end of the year“  shabibi always said they would need 3 days to change the rate NOW SOUNDING EVEN MORE PROMISING FOR RATE CHANGE.

Millionday – THERE IS A REPORT OUT STATING THAT THE DINAR IS GOING DOWN IN VALUE AND THAT IS WHAT THEY ARE GOING TO DO.    IF SOMEONE SPENDS TIME TALKING ABOUT IT PLEASE TELL THEM THAT  [THEY] WOULD NOT DO ONE THING TO TAKE IRAQ IN THE DIRECTION THEY HAVE BEEN DISCUSSING.   IMO — IGNORE IT — IT MAKES NO SENSE.
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Kaperoni (Dinar Guru) – Strengthening the dinar, opening the banking system, freedom of movement of capital are all goals. A devaluation is counterproductive to this. Not to mention Ali al-Allaq made at least 3 appearances in the media stating the CBI has no intent to devalue the dinar. If this becomes a clear lie, it would hurt his credibility and the CBI’s monetary policy credibility…Further harming the banking system.  I don’t buy it all…I would tend to think this kind of article comes from those who don’t want to see the CBI succeed and want to further damage Iraq’s economy.   Time will tell.   [post 2 of 2]

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

“Round Table” Dinar Call!!

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

Smart phone user link – Click here

______________________________________________________________

Iraq revives plan to sell bonds two billion dollars

 

BAGHDAD (Reuters) – Finance Minister Hoshiyar Zebari told Reuters today that Iraq has revived a plan to sell bonds two billion dollars in 2016 at a time when the government is working on the face of the threat posed by the organization of the Islamic state.

He added that the 2016 draft budget provides for the government to sell bonds two billion dollars if lacked the sources of funding for the targeted spending.

And was suspended the bond sale plan – the first of its kind offered by the Iraqi government in the international market in about ten years – in October as investors demanded a yield of 11 percent Zebari said he is very high.

Zebari added that The government hopes to conclude a better deal if you decide to resort to the bond market in 2016 with the achievement of the armed forces victories continuously on the militants of the Islamic state and to support the World Bank and the International Monetary Fund of the Centre for government financial support.

“It will facilitate the international institutions’ confidence in the country’s process of issuing sovereign bonds.” I think that the liberalization of gray We will strengthen our position, “referring to the recovery of the army of the city, located in the west of Iraq of militants of the Islamic state on Sunday.

And sold Iraq in 2006 bonds worth $ 2.7 billion worth in 2028. He received Iraq on the classification -B of agency Fitch Ratings in August.

And landed oil prices to less than half in the last eighteen months, which is what the government trimmed crude sales, which make up 95 percent of it in income.

This worked so well for them last year. This is complete smoke. IMO – LOOP

Read More: http://www.dinarupdates.com/showthread.php?27620-Iraq-revives-plan-to-sell-bonds-two-billion-dollars-12-28

______________________________________________________________

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 12-27-15 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!!

Millionday: WE ARE PRAYING FOR ALL IN THE STORMS

Millionday: NOTE — THIS IS VERY INTERESTING AND NOTICE IT IS ALL ABOUT CALCULATION

Millionday: Urged a specialist in economic affairs to diversify their sources of income, either through investment of available natural resources in the country’s agricultural Kalmward, industrial, oil, etc., or the creation of foreign investment portfolio.

We mean the portfolio investment group of multiple types of investment shares are purchased from stock markets Global intended to invest these stocks in achieving tangible returns for the investor’s country.

Millionday: NOTE — THIS IS NOT DONE IN COUNTRY — THIS IS INTERNATIONAL INVESTMENT TO GROW THE PORTFOLIO THROUGH INTERNATIONAL INVESTMENT

Millionday: WHOOOPOW
~~~

Read More: http://www.dinarupdates.com/showthread.php?27540-Millionday-newstime-12-27-15

“Round Table” Dinar Call!!

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

Smart phone user link – Click here

Millionday News Time Chat 12-27-15 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!!

 

RickeyT: do you see any debt forgiveness in their future? Thank you.
RickeyT: Like the Paris agreement

Millionday: ANYTHING THAT WILL BENEFIT THE COUNTRY DOING THE FORGIVENESS AND ALSO THE GLOBE SEEMS TO BE ON THE TABLE SO I THINK JUST ABOUT ANY AGREEMENT WILL BE DONE –

THEY HAVE THE UN — IMF — AND WORLD BANK SAYING VERY POSITIVE THINGS ABOUT WHERE THEY ARE GOING AND THE HELP COMING –

THE IMF IS ASKING FOR TARIFF AND CUSTOMS TO BEGIN NOW SO MOVEMENT WILL BE HAPPENING WITH REVENUES ETC

Millionday: THE MARKET OF IRAQ IS WIDE OPEN AND THE OPPORTUNITY IS HUGE FOR ALL COUNTRIES
~~~

Read More: http://www.dinarupdates.com/showthread.php?27540-Millionday-newstime-12-27-15
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CURRENCY CODE SELL BUY

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

CURRENCY CODE SELL BUY
US dollar USD 1182.000 1180.000
Euro EUR 1293.935 1293.288
British pound GBP 1763.662 1762.780
Canadian dollar CAD 853.738 853.311
Swiss franc CHF 1198.418 1197.819
Swedish krona SEK —– —–
Norwegian krone NOK —– —–
Danish krone DKK —– —–
Japanese yen JPY 9.777 9.722
Special
Drawing Rights
SDR 1642.034 1641.213

http://www.cbi.iq/

Indicative rates – 12.28.2015 (no change as of 12/27)

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 – Dec 28th

Dinar Daily NEWS Blog – Dec 26th

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…

Luke 2:13-14 (NKJV)

13 And suddenly there was with the angel a multitude of the heavenly host praising God and saying:

14 “Glory to God in the highest,
And on earth peace, goodwill toward men!”

Heavenly Father, we give You all the Glory, Honor, and Praise! In Jesus Name, Amen.

Mrs. BGG

Dinar pic above Daily Dinar Value

Iraqi Dinar/Dollar auction (most recent listing) 12-24-15 

Currency Auctions Announcement No. 3102

This daily currency auction was held in the Central Bank of Iraq on the 12-24-2015

The results were as follows:

DETAILS NOTES
Number of banks 22
Number of remittance companies 18
Auction price selling dinar / US$ 1182
Auction price buying dinar / US$ —–
Amount sold at auction price (US$) 153,262,757
Amount purchased at Auction price (US$) —–
Total offers for buying (US$) 153,262,757
Total offers for selling (US$) —–

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

The truth is cruel, but it can be loved, and it makes free those who have loved it. – George Santayana

*** Current News ***

Follow us on twitter @DinarUpdates !!

follow Dinar Updates on twitterDon’t Miss “NEWS TIME” in the DU CHAT ROOM – Sunday evening at 7:30pm EST!!

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

Poppy3 – I get the impression that some Iraq banks were either expecting the RV a couple of days ago, or else any time now. Is that what you are hearing?]  Steve1 was dead on this time according to what has been said and been indicated by their own banks.   LIKE MY SOURCES ALL BEEN EXPECTING RATE TO SHOW SINCE LAST WEEK THRU JAN 2ND AT THE LATEST IF NOT SOMEONE OR SOMETHING UNEXPECTED HAS OCCURRED TO SLOW THE CBI FROM THEIR OWN STATED PROGRESS.  UNTIL SOMETHING ELSE CHANGES AND LEADERSHIP SAYS SOMETHING DIFFERENT WE CAN ONLY STAND ON THEIR STATEMENTS AS THE FACTS TODAY.
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firefly (Dinar Guru) – Infrastructure projects and security looks near completion!  Love it when things come together at once!   I’ve been excited for a while now.  It is happening before our eyes, like watching the end of a movie. How can one not be excited!  Especially with the IMF now in control of Iraq’s economy…

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

“Round Table” Dinar Call!!

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

Smart phone user link – Click here

______________________________________________________________

Sadr referring to al-Maliki “Vice-President”: leave him dreaming as his plans were revealed

Shafaq News / The leader of Sadrist Movement, Moqtada al-Sadr said that the leader , Nuri al-Maliki sticking in the position as a Vice President of the Republic is a “wishful thinking”.

Data from Maliki’s office are still being issued to the media is attached as a Vice President of the Republic in spite that his position has been reduced by a decision of the Prime Minister , Haider al-Abadi and the Court confirmed the decision .

Moqtada al-Sadr replied in a question posted on his website, that the reason for holding the vice president position , “is wishful thinking. He’s dreaming.”

Al-Sadr told the people, ” his plans were revealed as well as his reckless policy.”

Read More: http://www.dinarupdates.com/showthread.php?27342-Sadr-referring-to-al-Maliki-quot-Vice-President-quot-leave-him-dreaming

BGG ~ We haven’t heard a peep out of Maliki for 2 weeks?? The first thing that pops up is this… and some rumor Maliki may be about to be arrested (or already is…) AND – Abadi is using Iraqi Regular Army Sunnis to liberate Ramadi and then Mosul.

IMHO – the political winds have shifted in Iraq.

______________________________________________________________

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)
______________________________________________________________

Najafi raises a second lawsuit to challenge his dismissal from the post of Vice President of the Republic

Palm-detection deputy from the Union of National Forces, the determination of the coalition leader united Osama Najafi file a lawsuit again to challenge his dismissal from the post of Vice President of the Republic.

The MP said the student architect in an interview with media that “the response of the Federal Court request Nujaifi on his objection to the decision of Prime Minister Haider al-Abadi the resignation of the Vice-President of the Republic came to the fact that the request by carrying recipe vice president and not a recipe Najafi personal.”

He said the architect that” Najafi will submit another request to the Federal Court to challenge his dismissal from his post, and this time it will demand in his personal capacity.”

Decided the Federal Supreme Court dated (October 24 the second in 2015) after the formation of a committee composed of eight judges responded suit Introduction of the Vice President of the Republic who objected to the decision to abolish the office of government reforms launched by al-Abadi.

Read More: http://www.dinarupdates.com/showthread.php?27359-Najafi-raises-a-second-lawsuit-to-challenge-his-dismissal-from-the-post-of-VP

“Round Table” Dinar Call!!

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

Smart phone user link – Click here

Millionday News Time Chat 12-22-15 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 Millionday!!

Millionday: WELCOME TO NEWSTIME EVERYONE – I HAVE A FEW THINGS TO SHOW YOU

Millionday: I LOVE THIS REPORT

Millionday: Iraq Economic affairs expert, Dhurgam Mohammed Ali, described the role of monetary policy during the current situation a “sensitive role,” because of the size of the economic challenges facing the country.

Mohammed Ali told the National Iraqi News Agency that “the financial crisis, Iraq is passing through, needs a balanced and accurate monetary policy to keep the Iraqi market through the stability of the local currency and to address any possible.”

Millionday: NOTE — THIS IS ABOUT THE MONETARY POLICY AND ITS ACTIVATION
Millionday: NOTE — THE POLICY HAS TO STABILIZE THE LOCAL CURRENCY
~~~

Read More: http://www.dinarupdates.com/showthread.php?27231-Millionday-News-12-22-15
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CURRENCY CODE SELL BUY

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

CURRENCY CODE SELL BUY
US dollar USD 1182.000 1180.000
Euro EUR 1294.526 1293.879
British pound GBP 1757.989 1757.110
Canadian dollar CAD 848.589 848.165
Swiss franc CHF 1193.698 1193.101
Swedish krona SEK 139.180 139.110
Norwegian krone NOK 135.652 135.584
Danish krone DKK 173.494 173.408
Japanese yen JPY 9.748 9.744
Special
Drawing Rights
SDR 1640.533 1639.713

Indicative rates – 12.26.2015

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

Posted in Daily Dinar Updates | Tagged , , , , , , , , , , , , , , , | Comments Off on Dinar Daily NEWS Blog – Dec 26th

Dinar Daily NEWS Blog – Dec 22nd

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…

Luke 2:13-14 (NKJV)

13 And suddenly there was with the angel a multitude of the heavenly host praising God and saying:

14 “Glory to God in the highest,
And on earth peace, goodwill toward men!”

Heavenly Father, we give You all the Glory, Honor, and Praise! In Jesus Name, Amen.

Mrs. BGG

Dinar pic above Daily Dinar Value

Iraqi Dinar/Dollar auction (most recent listing) 12-22-15 

Currency Auctions Announcement No. 3100

This daily currency auction was held in the Central Bank of Iraq on the 12-22-2015

The results were as follows:

DETAILS NOTES
Number of banks 26
Number of remittance companies 17
Auction price selling dinar / US$ 1182
Auction price buying dinar / US$ —–
Amount sold at auction price (US$) 183,546,000
Amount purchased at Auction price (US$) —–
Total offers for buying (US$) 183,546,000
Total offers for selling (US$) —–

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

Personally I’m always ready to learn, although I do not always like being taught. – Winston Churchill

*** Current News ***

Follow us on twitter @DinarUpdates !!

follow Dinar Updates on twitterDon’t Miss “NEWS TIME” in the DU CHAT ROOM – Tuesday evening at 7:30pm EST!!

www.DinarUpdates.com – save as favorite!!

______________________________________________________________

 

Frank26 (Dinar Guru) – We did not see the LD’s this week as we thought…we did not see them in the auctions…nor did we see the Taxes and Tariff’s as we thought but the T&T’s have been activated…they need a new rate then…remember…they were working on a calculation for a new rate…so we also saw that the budget was approved…all it needs is activation and this calculation they work on right now.  I guess we can say all systems are GO for a lot of activations for between December 31st and January 1st…IN MY OPINION.  We strongly believe…our TEAMS strongly believe we will see …the LD’s this week.  It is important that you understand the…pendulum swing in the auctions is a combination that we are told…the USD to IQD is the RI…IQD to IQD is the RV.  What they are doing is preparing themselves to be introduced into the international world...all our evidence for the past 3-6 months has pointed in this direction…there are no delays…it is all becoming so transparent…
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wmawhite (Dinar Guru) – first half of 2016 to do what?  …RV… no…RI…no, but what? enter the economy markets! and what would a country need to have in order to participate in a global market? Maybe a currency that is recognized/accepted worldwide.  [as to a time frame?]  Well, their budget is depended upon the taxes and tariffs and it refers to them a lot. Abadi has stated this past weekend it is time to kick all of this stuff off. I expect to see all of this go soon.

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

“Round Table” Dinar Call!!

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

Smart phone user link – Click here

______________________________________________________________

The United Nations welcomes the approval of Iraq’s budget for 2016, and hopes to further reforms

The United Nations welcomed the decision of the Iraqi Council of Representatives of the country’s budget for 2016.

Internationalist Representative in Iraq, Jan Kubis said in a statement Buratha news agency received a copy of it, “I would like the government and congratulate the Iraqi Council of Representatives to adopt the 2016 budget law, and I’m pleased with the decision of the House of Representatives.”

He added that “at this critical economic environment, Levan legislation Budget 2016 law was appropriate and allows the government as well as regional and local authorities to focus on service delivery and support of the population, including millions of people displaced internally, while maintaining the fight against terrorism and the elements Daash”
Read More: http://www.dinarupdates.com/showthread.php?26848-The-United-Nations-welcomes-the-approval-of-Iraq-s-budget-for-2016-and-further-refor

Parliamentary Finance: Presidency of the Republic to ratify the 2016 budget during the next few days

BAGHDAD / Baghdadi News / .. announced the parliamentary finance committee member Masood Haider, Thursday, that the general budget for the 2016 law voted by parliament in its session yesterday, the President of the Republic will be approved in the next few days.

Haidar said to the reporter / Baghdadi News /, “The Presidency of the Republic to ratify the general budget for the 2016 law during the next few days, while ruled that the law remains without authentication President of the Republic until the end of the 15 day period prescribed by the Constitution.”

“The right of some of the blocks that have objections to the budget bill after voting attic recourse to the Federal Court,” describing “those objections political bidding.”
It is said that the Council of Representatives voted 45 Minutes, which held on Wednesday on the state budget for the year ended 2016. Law 21 / g

Read More: http://www.dinarupdates.com/showthread.php?26837-Presidency-of-the-Republic-to-ratify-the-2016-budget-during-the-next-few-days-12-17

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

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

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

Millionday News Time Chat 12-21-15 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!!

Millionday: HERE WE GO WITH A PROBLEM WITH THE EXCHANGE RATE

Experts are concerned expected that Sarsrv exposed dinar to the disorder against the dollar Aazin reason to the suffering of the banking sector of the charges, and regardless of the validity of the allegations or not, this actually poses a serious stand to assess the matter and hedge and undermine the real causes behind this expectation.
 
I have followed completely Basghae Proceedings of the Annual Banking Conference, which was held last week, where fired a citizen is a first Hoalkhasr from the effects of the attack, which goes on the banking sector as a whole this phrase and hesitated Awamufrdh for more than ten times, and the fact it has an eye catching what does not accept doubt that something will happen without doubt.

Millionday: NOTE — SOMETHING WILL HAPPEN WITH THE PROBLEMATIC EXCHANGE WITHOUT DOUBT AND THE BANKS AND COUNTRY ARE SUFFERING
 ~~~

Read More: http://www.dinarupdates.com/showthread.php?27168-Millionday-News-12-21-15

“Round Table” Dinar Call!!

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

Smart phone user link – Click here

Millionday News Time Chat 12-21-15 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!!

MArco: what comes first reforms or getting the money Karnac says……………………lol offer a thought even though it is just a thought …….. an opinion is OK LOL

Millionday: THE WORLD BANK HAS AGREED THEY WILL GET THE FUNDS BY THE END OF THIS YEAR AND IRAQ HAS AGREED TO ACTIVATE THE REFORMS — THEY ARE REPORTABLY IN THE MIDDLE OF ALL REFORMS BEING COMPLETE

Millionday: SMILE

Millionday: HERE IS A FORMAL CBI ORDER GIVEN TODAY THAT WAS SENT TO ME
~~~

Read More: http://www.dinarupdates.com/showthread.php?27168-Millionday-News-12-21-15
______________________________________________________________

CURRENCY CODE SELL BUY

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

CURRENCY CODE SELL BUY
US dollar USD 1182.000 1180.000
Euro EUR 1284.834 1284.192
British pound GBP 1760.944 1760.063
Canadian dollar CAD 844.889 844.467
Swiss franc CHF 1188.179 1187.584
Swedish krona SEK 138.097 138.028
Norwegian krone NOK 134.417 134.350
Danish krone DKK 172.208 172.122
Japanese yen JPY 9.748 9.744
Special
Drawing Rights
SDR 1636.656 1635.838

http://www.cbi.iq/

Indicative rates – 12.22.2015

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

Posted in Daily Dinar Updates | Tagged , , , , , , , , , , , , , , , | Comments Off on Dinar Daily NEWS Blog – Dec 22nd

Dinar Daily NEWS Blog – Dec 21st

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…

Matthew 1:23 (NKJV)

23 “Behold, the virgin shall be with child, and bear a Son, and they shall call His name Immanuel,” which is translated, “God with us.”

Heavenly Father, Thank You for sending Your Son, Jesus! Thank You Jesus that You are Immanuel, “God with us”! In Jesus Name, Amen.

Mrs. BGG

Dinar pic above Daily Dinar Value

Iraqi Dinar/Dollar auction (most recent listing) 12-21-15 

Currency Auctions Announcement No. 3099

This daily currency auction was held in the Central Bank of Iraq on the 12-21-2015

The results were as follows:

DETAILS NOTES
Number of banks 24
Number of remittance companies 20
Auction price selling dinar / US$ 1182
Auction price buying dinar / US$ —–
Amount sold at auction price (US$) 151,220,556
Amount purchased at Auction price (US$) —–
Total offers for buying (US$) 151,220,556
Total offers for selling (US$) —–

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

There is one source, O Athenians, of all your defeats. It is that your citizens have ceased to be soldiers. – Demosthenes

*** Current News ***

“Round Table” Dinar Call!!

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

Smart phone user link – Click here

______________________________________________________________

SteveI (Dinar Guru) – The news keeps getting better and better each day. Very soon you will get the best news yet!
______________________________________________________________

firefly (Dinar Guru) – CBI Announcement:  “The Ministry of Finance approved on 2015/12/16 conduct a public auction auction (Y16) for the sale of the treasury for their remittances (364) on 12.20.2015.”  “To / all licensed banks and licensed money transfer all companies and financial investment companies and broker the buying and selling of foreign currencies approved all companies(foreign exchange rate) 12/20/2015 Board Resolution No. (329) for the year 2015 (the exchange rate)12/18/2015.”   [It is coming!]  oh yeah…make no mistake about it!   …funny, those announcements weren’t there yesterday when I checked.  Not surprised, many items going on behind the scenes that only appear after the fact.   [does that mean they are approving or have approved the exchange rate?]  According to the CBI, certainly makes one think so.

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

The United Nations welcomes the approval of Iraq’s budget for 2016, and hopes to further reforms

The United Nations welcomed the decision of the Iraqi Council of Representatives of the country’s budget for 2016.

Internationalist Representative in Iraq, Jan Kubis said in a statement Buratha news agency received a copy of it, “I would like the government and congratulate the Iraqi Council of Representatives to adopt the 2016 budget law, and I’m pleased with the decision of the House of Representatives.”

He added that “at this critical economic environment, Levan legislation Budget 2016 law was appropriate and allows the government as well as regional and local authorities to focus on service delivery and support of the population, including millions of people displaced internally, while maintaining the fight against terrorism and the elements Daash”
Read More: http://www.dinarupdates.com/showthread.php?26848-The-United-Nations-welcomes-the-approval-of-Iraq-s-budget-for-2016-and-further-refor

Parliamentary Finance: Presidency of the Republic to ratify the 2016 budget during the next few days

BAGHDAD / Baghdadi News / .. announced the parliamentary finance committee member Masood Haider, Thursday, that the general budget for the 2016 law voted by parliament in its session yesterday, the President of the Republic will be approved in the next few days.

Haidar said to the reporter / Baghdadi News /, “The Presidency of the Republic to ratify the general budget for the 2016 law during the next few days, while ruled that the law remains without authentication President of the Republic until the end of the 15 day period prescribed by the Constitution.”

“The right of some of the blocks that have objections to the budget bill after voting attic recourse to the Federal Court,” describing “those objections political bidding.”
It is said that the Council of Representatives voted 45 Minutes, which held on Wednesday on the state budget for the year ended 2016. Law 21 / g

Read More: http://www.dinarupdates.com/showthread.php?26837-Presidency-of-the-Republic-to-ratify-the-2016-budget-during-the-next-few-days-12-17

______________________________________________________________

Follow us on twitter @DinarUpdates !!

follow Dinar Updates on twitterDon’t Miss “NEWS TIME” in the DU CHAT ROOM – Tuesday 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)
______________________________________________________________

Millionday News Time Chat 12-19-15 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!!

Millionday: NOTE — WE HAVE SOME INTERESTING PUZZLE PIECES WITH CHINA TO LOOK AT TONIGHT

Millionday: The US Congress has taken a step closer to granting long-awaited approval to reforms of the International Monetary Fund that would give China and other emerging economies a greater voice in shaping the institution’s policies.

The text of a US omnibus spending bill, released Wednesday morning as part of a budget deal, includes approval for the Obama administration to finally vote for stalled 2010 quota reforms that have become a source of tension between the US and the IMF.

Millionday: NOTE — THE QUOTA REFORMS ARE FOR BUSINESS IN FRONT OF THE IMF AND THE % CHANGES THAT WERE RELEASED TO THE PUBLIC AS BEING ADDRESSED (AWAITING APPROVAL) –
~~~

Read More: http://www.dinarupdates.com/showthread.php?26970-Millionday-News-12-19-15

“Round Table” Dinar Call!!

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

Smart phone user link – Click here

Millionday News Time Chat 12-19-15 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: NOTE — NEXT I AM GOING TO SHOW YOU THE CHANGES IN THE NEW MONETARY POLICY THEY ARE IN THE MIDDLE OF IMPLEMENTING DUE TO ABADI ACTIVATING THE ECONOMIC REFORM –
 
THE MONETARY POLICY IS PART OF THE ECONOMIC REFORMS AS IS THE BANKING AND ALL FINANCIAL REFORMS OBVIOUSLY
 
Millionday: HERE WE GO — HOLD YOUR HATS

Millionday: The above instruments are not adequate for the development of an efficient market oriented financial sector. In particular, they are not adequate or appropriate for developing an efficient and liquid market in government securities or for conducting a market based monetary policy.
~~~

Read More: http://www.dinarupdates.com/showthread.php?26970-Millionday-News-12-19-15
______________________________________________________________

CURRENCY CODE SELL BUY

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

CURRENCY CODE SELL BUY
US dollar USD 1182.000 1180.000
Euro EUR 1280.815 1280.175
British pound GBP 1763.308 1762.426
Canadian dollar CAD 851.462 851.037
Swiss franc CHF 1188.537 1187.943
Swedish krona SEK 138.247 138.178
Norwegian krone NOK 134.822 134.755
Danish krone DKK 171.660 171.574
Japanese yen JPY 9.649 9.644
Special
Drawing Rights
SDR 1635.415 1634.597

Indicative rates – 12.21.2015

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

Posted in Daily Dinar Updates | Tagged , , , , , , , , , , , , , , , | Comments Off on Dinar Daily NEWS Blog – Dec 21st

Dinar Daily NEWS Blog – Dec 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…

Matthew 1:23 (NKJV)

23 “Behold, the virgin shall be with child, and bear a Son, and they shall call His name Immanuel,” which is translated, “God with us.”

Heavenly Father, Thank You for sending Your Son, Jesus! Thank You Jesus that You are Immanuel, “God with us”! In Jesus Name, Amen.

Mrs. BGG

Dinar pic above Daily Dinar Value

Iraqi Dinar/Dollar auction (most recent listing) 12-20-15 

Currency Auctions Announcement No. 3098

This daily currency auction was held in the Central Bank of Iraq on the 12-20-2015

The results were as follows:

DETAILS NOTES
Number of banks 26
Number of remittance companies 16
Auction price selling dinar / US$ 1182
Auction price buying dinar / US$ —–
Amount sold at auction price (US$) 161,325,220
Amount purchased at Auction price (US$) —–
Total offers for buying (US$) 161,325,220
Total offers for selling (US$) —–

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

If you are not prepared to use force to defend civilization, then be prepared to accept barbarism. – Thomas Sowell

*** Current News ***

Follow us on twitter @DinarUpdates !!

follow Dinar Updates on twitterDon’t Miss “NEWS TIME” in the DU CHAT ROOM – Monday evening at 7:30pm EST!!

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

Breitling (Dinar Guru) – … that’s it.  that’s the best I’ve got…I look at the numbers under a microscope a little bit more than everybody else.  There is no magic date, you just watch the process and it’s a big heavy process and it’s not small…Have you seen anything that says they’ve added to the note count?  no, nothing, there is not one shred of evidence that they are adding to the note count.  From the original statement of the General who actually put out the new currency you and I have, the new Iraqi dinar, made a statement, “at one time the Iraqi Dinar was $3.25.“  So that ends that debate…you have the guy who put the currency out for the new government of Iraq (at the time was the coalition government) saying their goal is to get to $3.25 (but at that time they were at a billion notes).  Nothing has changed. [Post 2 of 2]
______________________________________________________________

wmawhite (Dinar Guru) – …look closely at this latest activity, commercial laws, private sector, etc…IMO, this all points directly to what the IMF told the world 4 weeks ago: “……he stressed that Iraq will return to economic market during the first half of next year.“   …there is no need to ask when because the IMF has told us when the expect a change in the IQD.   Iraq IMO, will not wait until they enter the economy markets to do the things that need to be done either…in fact, Iraq/CBI/IMF are currently making those changes.  Iraq IMO, Iraq will not wait…   Could be 30 June 2016…or 1 January, or 1 February…the point is…the IMF has given the world what their expectations are…and IMO, we are seeing activity directly related to those expectations. …we have never had the IMF do what they are currently doing for Iraq.   [I don’t think that Iraq wants us all to know exactly when this is going to happen!]   Seriously…Iraq wants the world to know what is coming….they want the world to look forward to great changes with their country…how else will they get investors to come into Iraq.

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

The United Nations welcomes the approval of Iraq’s budget for 2016, and hopes to further reforms

The United Nations welcomed the decision of the Iraqi Council of Representatives of the country’s budget for 2016.

Internationalist Representative in Iraq, Jan Kubis said in a statement Buratha news agency received a copy of it, “I would like the government and congratulate the Iraqi Council of Representatives to adopt the 2016 budget law, and I’m pleased with the decision of the House of Representatives.”

He added that “at this critical economic environment, Levan legislation Budget 2016 law was appropriate and allows the government as well as regional and local authorities to focus on service delivery and support of the population, including millions of people displaced internally, while maintaining the fight against terrorism and the elements Daash”
Read More: http://www.dinarupdates.com/showthread.php?26848-The-United-Nations-welcomes-the-approval-of-Iraq-s-budget-for-2016-and-further-refor

Parliamentary Finance: Presidency of the Republic to ratify the 2016 budget during the next few days

BAGHDAD / Baghdadi News / .. announced the parliamentary finance committee member Masood Haider, Thursday, that the general budget for the 2016 law voted by parliament in its session yesterday, the President of the Republic will be approved in the next few days.

Haidar said to the reporter / Baghdadi News /, “The Presidency of the Republic to ratify the general budget for the 2016 law during the next few days, while ruled that the law remains without authentication President of the Republic until the end of the 15 day period prescribed by the Constitution.”

“The right of some of the blocks that have objections to the budget bill after voting attic recourse to the Federal Court,” describing “those objections political bidding.”
It is said that the Council of Representatives voted 45 Minutes, which held on Wednesday on the state budget for the year ended 2016. Law 21 / g

Read More: http://www.dinarupdates.com/showthread.php?26837-Presidency-of-the-Republic-to-ratify-the-2016-budget-during-the-next-few-days-12-17

______________________________________________________________

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 12-19-15 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!!

 

Millionday: NOTE — WE HAVE SOME INTERESTING PUZZLE PIECES WITH CHINA TO LOOK AT TONIGHT

Millionday: The US Congress has taken a step closer to granting long-awaited approval to reforms of the International Monetary Fund that would give China and other emerging economies a greater voice in shaping the institution’s policies.

The text of a US omnibus spending bill, released Wednesday morning as part of a budget deal, includes approval for the Obama administration to finally vote for stalled 2010 quota reforms that have become a source of tension between the US and the IMF.

Millionday: NOTE — THE QUOTA REFORMS ARE FOR BUSINESS IN FRONT OF THE IMF AND THE % CHANGES THAT WERE RELEASED TO THE PUBLIC AS BEING ADDRESSED (AWAITING APPROVAL) –
~~~

Read More: http://www.dinarupdates.com/showthread.php?26970-Millionday-News-12-19-15

“Round Table” Dinar Call!!

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

Smart phone user link – Click here

Millionday News Time Chat 12-19-15 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: NOTE — NEXT I AM GOING TO SHOW YOU THE CHANGES IN THE NEW MONETARY POLICY THEY ARE IN THE MIDDLE OF IMPLEMENTING DUE TO ABADI ACTIVATING THE ECONOMIC REFORM –
 
THE MONETARY POLICY IS PART OF THE ECONOMIC REFORMS AS IS THE BANKING AND ALL FINANCIAL REFORMS OBVIOUSLY
 
Millionday: HERE WE GO — HOLD YOUR HATS

Millionday: The above instruments are not adequate for the development of an efficient market oriented financial sector. In particular, they are not adequate or appropriate for developing an efficient and liquid market in government securities or for conducting a market based monetary policy.
~~~

Read More: http://www.dinarupdates.com/showthread.php?26970-Millionday-News-12-19-15
______________________________________________________________

CURRENCY CODE SELL BUY

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

CURRENCY CODE SELL BUY
US dollar USD 1182.000 1180.000
Euro EUR 1281.406 1280.765
British pound GBP 1763.071 1762.190
Canadian dollar CAD 846.099 845.676
Swiss franc CHF 1185.081 1184.489
Swedish krona SEK 138.472 138.403
Norwegian krone NOK 134.728 134.661
Danish krone DKK 171.742 171.657
Japanese yen JPY 9.649 9.644
Special
Drawing Rights
SDR 1634.647 1633.830

http://www.cbi.iq/

Indicative rates – 12.20.2015

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

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

Dinar Daily NEWS Blog – Dec 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…

Matthew 1:23 (NKJV)

23 “Behold, the virgin shall be with child, and bear a Son, and they shall call His name Immanuel,” which is translated, “God with us.”

Heavenly Father, Thank You for sending Your Son, Jesus! Thank You Jesus that You are Immanuel, “God with us”! In Jesus Name, Amen.

Mrs. BGG

Dinar pic above Daily Dinar Value

Iraqi Dinar/Dollar auction (most recent listing) 12-17-15 

Currency Auctions Announcement No. 3097

This daily currency auction was held in the Central Bank of Iraq on the 12-17-2015

The results were as follows:

DETAILS NOTES
Number of banks 24
Number of remittance companies 15
Auction price selling dinar / US$ 1182
Auction price buying dinar / US$ —–
Amount sold at auction price (US$) 162,173,408
Amount purchased at Auction price (US$) —–
Total offers for buying (US$) 162,173,408
Total offers for selling (US$) —–

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

It is time to restore the American precept that each individual is accountable for his actions. – Ronald Reagan

*** Current News ***

Follow us on twitter @DinarUpdates !!

follow Dinar Updates on twitterDon’t Miss “NEWS TIME” in the DU CHAT ROOM – Saturday evening at 7:30pm EST!!

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

Millionday – [They certainly cant activate the Tariffs without a rate can they? Could they use the 1182?]  THEY WILL BE USING THE TARIFF FOR THE INTERNATIONAL MARKET — IT IS THE TAXATION THEY BENEFIT FROM WHEN ESTABLISHING THE IMPORT/EXPORT MARKET.   THE CALCULATED RATES AND VALUE IS NEEDED TO GO TO THE GLOBAL MARKET PER ECONOMICS AND FAIR TRADE IMO.   [post 2 of 2]
______________________________________________________________

Millionday – “Stressed the economic and investment commission member of the parliamentary Almamori proof, on the necessity of activating the law of customs tariff…”   IT IS TIME TO ACTIVATE THE TARIFF AND CUSTOMS FOR IMPORTS WITH THE MARKET ECONOMY – THIS IS FOR PRODUCTS AS THEY MENTIONED — RELIANCE ENTIRELY ON OIL WILL NOT CONTINUE.  THEY ARE ALSO READY TO ACTIVATE CONSUMER PROTECTION AND ACHIEVE THEIR PLANNED RATE OF INVESTMENT.   THIS IS GREAT SO THE TARIFF IS BEING ACTIVATED AS WE EXPECTED…THEY CALLED FOR IT TO BE ACTIVATED TODAY…   [post 1 of 2….stay tuned]

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

The United Nations welcomes the approval of Iraq’s budget for 2016, and hopes to further reforms

The United Nations welcomed the decision of the Iraqi Council of Representatives of the country’s budget for 2016.

Internationalist Representative in Iraq, Jan Kubis said in a statement Buratha news agency received a copy of it, “I would like the government and congratulate the Iraqi Council of Representatives to adopt the 2016 budget law, and I’m pleased with the decision of the House of Representatives.”

He added that “at this critical economic environment, Levan legislation Budget 2016 law was appropriate and allows the government as well as regional and local authorities to focus on service delivery and support of the population, including millions of people displaced internally, while maintaining the fight against terrorism and the elements Daash”
Read More: http://www.dinarupdates.com/showthread.php?26848-The-United-Nations-welcomes-the-approval-of-Iraq-s-budget-for-2016-and-further-refor

Parliamentary Finance: Presidency of the Republic to ratify the 2016 budget during the next few days

BAGHDAD / Baghdadi News / .. announced the parliamentary finance committee member Masood Haider, Thursday, that the general budget for the 2016 law voted by parliament in its session yesterday, the President of the Republic will be approved in the next few days.

Haidar said to the reporter / Baghdadi News /, “The Presidency of the Republic to ratify the general budget for the 2016 law during the next few days, while ruled that the law remains without authentication President of the Republic until the end of the 15 day period prescribed by the Constitution.”

“The right of some of the blocks that have objections to the budget bill after voting attic recourse to the Federal Court,” describing “those objections political bidding.”
It is said that the Council of Representatives voted 45 Minutes, which held on Wednesday on the state budget for the year ended 2016. Law 21 / g

Read More: http://www.dinarupdates.com/showthread.php?26837-Presidency-of-the-Republic-to-ratify-the-2016-budget-during-the-next-few-days-12-17

______________________________________________________________

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 12-16-15 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!!

Millionday: WE ARE HAVING A HUGE NEWSTIME TONIGHT THAT IS NOTHING BUT EXCITING

poppy3: SORRY MD I TOLD THEM ALL THE NEWS LOL, LOL ACTUALLY DON’T TELL THEM EVERYTHING SOME OF THEM WILL PASS OUT . LOL,LOL NOT SURE SOME OF THEM CAN HANDLE IT. LOL, LOL YOU COULD PULL THEIR LEG A LITTLE. AMEN

Millionday: POPPY THERE IS SO MUCH AND I THINK WE MAY LOSE A FEW TOO LOL THIS IS GREAT IN THE DAY OF NEWS — I AM SO EXCITED

Millionday: CBI MANDATES HAVE BEEN CHANGED A LITTLE IN THE LAST BIT AND IT NOW READS A LITTLE DIFFERENT AGAIN I THINK BUT I WOULD LIKE US TO READ IT AGAIN
~~~

Read More: http://www.dinarupdates.com/showthread.php?26821-Millionday-newstime-12-16-15

“Round Table” Dinar Call!!

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

Smart phone user link – Click here

Millionday News Time Chat 12-16-15 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: HUGE NEWS >>>Completion of the registration of companies electronically project

Millionday: NOTE — THIS IS THROUGH THE SINGLE WINDOW WE WATCHED AND READ COMPLETED

Millionday: Hashemi represents a working single-window system to register and national foreign companies in the Ministry of Commerce, in particular as regards the entry of these companies to invest in Iraq to improve the business environment, it is important to enter the local market attractions, as would the reduction of red tape loops and speed in bringing in investments foreign.

Millionday: and confirmed the Ministry of Commerce completed the registration of companies through the project website and a record time in implementation of the plan to simplify government procedures and routine bypass loops.
~~~

Read More: http://www.dinarupdates.com/showthread.php?26821-Millionday-newstime-12-16-15
______________________________________________________________

CURRENCY CODE SELL BUY

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

CURRENCY CODE SELL BUY
US dollar USD 1182.000 1180.000
Euro EUR 1292.281 1291.634
British pound GBP 1775.955 1775.067
Canadian dollar CAD 856.212 855.783
Swiss franc CHF 1194.181 1193.584
Swedish krona SEK 139.188 139.119
Norwegian krone NOK 135.239 135.171
Danish krone DKK 173.189 173.103
Japanese yen JPY 9.698 9.693
Special
Drawing Rights
SDR 1632.649 1631.833

Indicative rates – 12.19.2015 (no change as of 12/17)

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 – Dec 19th

Dinar Daily NEWS Blog – Dec 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…

Luke 1:26-28 (NKJV)

Christ’s Birth Announced to Mary

26 Now in the sixth month the angel Gabriel was sent by God to a city of Galilee named Nazareth, 27 to a virgin betrothed to a man whose name was Joseph, of the house of David. The virgin’s name was Mary. 28 And having come in, the angel said to her, “Rejoice, highly favored one, the Lord is with you; blessed are you among women!”

Heavenly Father, thank You for angels! Thank You for the Good News announced to Mary of Christ’s birth! In Jesus Name, Amen!

Mrs. BGG

Dinar pic above Daily Dinar Value

Iraqi Dinar/Dollar auction (most recent listing) 12-17-15 

Currency Auctions Announcement No. 3097

This daily currency auction was held in the Central Bank of Iraq on the 12-17-2015

The results were as follows:

DETAILS NOTES
Number of banks 24
Number of remittance companies 15
Auction price selling dinar / US$ 1182
Auction price buying dinar / US$ —–
Amount sold at auction price (US$) 162,173,408
Amount purchased at Auction price (US$) —–
Total offers for buying (US$) 162,173,408
Total offers for selling (US$) —–

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

All bad precedents begin with justifiable measures. – Julius Caesar

*** Current News ***

Follow us on twitter @DinarUpdates !!

follow Dinar Updates on twitterDon’t Miss “NEWS TIME” in the DU CHAT ROOM – Saturday evening at 7:30pm EST!!

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

firefly (Dinar Guru) – I’m not looking at the ISX, that will come after the fact IMO My focus is the auctions and the tariffs and taxes being activated.  Nothing else matters…Nothing.
______________________________________________________________

rcookie – HUGE…UNDER RADAR 16 BUDGET ARTICLES INCLUDED INCLUSION OF PESHMERGA IN FEDERAL SYSTEM AND GIVEN PERCENTAGE OF GROUND FORCES COMMAND BUDGET…ALONG WITH NEWS OF VOTE TO ADOPT FORMER OIL AGREEMENT BETWEEN ERBIL & BAGHDAD…THE UNDER THE RADAR AGREEMENTS CONTAINED IN THE BUDGET ARE AWESOME!

 

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

The United Nations welcomes the approval of Iraq’s budget for 2016, and hopes to further reforms

The United Nations welcomed the decision of the Iraqi Council of Representatives of the country’s budget for 2016.

Internationalist Representative in Iraq, Jan Kubis said in a statement Buratha news agency received a copy of it, “I would like the government and congratulate the Iraqi Council of Representatives to adopt the 2016 budget law, and I’m pleased with the decision of the House of Representatives.”

He added that “at this critical economic environment, Levan legislation Budget 2016 law was appropriate and allows the government as well as regional and local authorities to focus on service delivery and support of the population, including millions of people displaced internally, while maintaining the fight against terrorism and the elements Daash”
Read More: http://www.dinarupdates.com/showthread.php?26848-The-United-Nations-welcomes-the-approval-of-Iraq-s-budget-for-2016-and-further-refor

Parliamentary Finance: Presidency of the Republic to ratify the 2016 budget during the next few days

BAGHDAD / Baghdadi News / .. announced the parliamentary finance committee member Masood Haider, Thursday, that the general budget for the 2016 law voted by parliament in its session yesterday, the President of the Republic will be approved in the next few days.

Haidar said to the reporter / Baghdadi News /, “The Presidency of the Republic to ratify the general budget for the 2016 law during the next few days, while ruled that the law remains without authentication President of the Republic until the end of the 15 day period prescribed by the Constitution.”

“The right of some of the blocks that have objections to the budget bill after voting attic recourse to the Federal Court,” describing “those objections political bidding.”
It is said that the Council of Representatives voted 45 Minutes, which held on Wednesday on the state budget for the year ended 2016. Law 21 / g

Read More: http://www.dinarupdates.com/showthread.php?26837-Presidency-of-the-Republic-to-ratify-the-2016-budget-during-the-next-few-days-12-17

______________________________________________________________

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 12-16-15 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!!

Millionday: WE ARE HAVING A HUGE NEWSTIME TONIGHT THAT IS NOTHING BUT EXCITING

poppy3: SORRY MD I TOLD THEM ALL THE NEWS LOL, LOL ACTUALLY DON’T TELL THEM EVERYTHING SOME OF THEM WILL PASS OUT . LOL,LOL NOT SURE SOME OF THEM CAN HANDLE IT. LOL, LOL YOU COULD PULL THEIR LEG A LITTLE. AMEN

Millionday: POPPY THERE IS SO MUCH AND I THINK WE MAY LOSE A FEW TOO LOL THIS IS GREAT IN THE DAY OF NEWS — I AM SO EXCITED

Millionday: CBI MANDATES HAVE BEEN CHANGED A LITTLE IN THE LAST BIT AND IT NOW READS A LITTLE DIFFERENT AGAIN I THINK BUT I WOULD LIKE US TO READ IT AGAIN
~~~

Read More: http://www.dinarupdates.com/showthread.php?26821-Millionday-newstime-12-16-15

“Round Table” Dinar Call!!

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

Smart phone user link – Click here

Millionday News Time Chat 12-16-15 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: HUGE NEWS >>>Completion of the registration of companies electronically project

Millionday: NOTE — THIS IS THROUGH THE SINGLE WINDOW WE WATCHED AND READ COMPLETED

Millionday: Hashemi represents a working single-window system to register and national foreign companies in the Ministry of Commerce, in particular as regards the entry of these companies to invest in Iraq to improve the business environment, it is important to enter the local market attractions, as would the reduction of red tape loops and speed in bringing in investments foreign.

Millionday: and confirmed the Ministry of Commerce completed the registration of companies through the project website and a record time in implementation of the plan to simplify government procedures and routine bypass loops.
~~~

Read More: http://www.dinarupdates.com/showthread.php?26821-Millionday-newstime-12-16-15
______________________________________________________________

CURRENCY CODE SELL BUY

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

CURRENCY CODE SELL BUY
US dollar USD 1182.000 1180.000
Euro EUR 1292.281 1291.634
British pound GBP 1775.955 1775.067
Canadian dollar CAD 856.212 855.783
Swiss franc CHF 1194.181 1193.584
Swedish krona SEK 139.188 139.119
Norwegian krone NOK 135.239 135.171
Danish krone DKK 173.189 173.103
Japanese yen JPY 9.698 9.693
Special
Drawing Rights
SDR 1632.649 1631.833

Indicative rates – 12.18.2015 (no change as of 12/17)

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 – Dec 18th

Dinar Daily NEWS Blog – Dec 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…

Luke 1:26-28 (NKJV)

Christ’s Birth Announced to Mary

26 Now in the sixth month the angel Gabriel was sent by God to a city of Galilee named Nazareth, 27 to a virgin betrothed to a man whose name was Joseph, of the house of David. The virgin’s name was Mary. 28 And having come in, the angel said to her, “Rejoice, highly favored one, the Lord is with you; blessed are you among women!”

Heavenly Father, thank You for angels! Thank You for the Good News announced to Mary of Christ’s birth! In Jesus Name, Amen!

Mrs. BGG

Dinar pic above Daily Dinar Value

Iraqi Dinar/Dollar auction (most recent listing) 12-17-15 

Currency Auctions Announcement No. 3097

This daily currency auction was held in the Central Bank of Iraq on the 12-17-2015

The results were as follows:

DETAILS NOTES
Number of banks 24
Number of remittance companies 15
Auction price selling dinar / US$ 1182
Auction price buying dinar / US$ —–
Amount sold at auction price (US$) 162,173,408
Amount purchased at Auction price (US$) —–
Total offers for buying (US$) 162,173,408
Total offers for selling (US$) —–

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

All bad precedents begin with justifiable measures. – Julius Caesar

*** Current News ***

Follow us on twitter @DinarUpdates !!

follow Dinar Updates on twitterDon’t Miss “NEWS TIME” in the DU CHAT ROOM – Friday evening at 7:30pm EST!!

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

Poppy3 – WOW. THE AWESOME NEWS JUST KEEPS FLOWING. PRINTING IN GAZETTE SATURDAY. RATE CAN SHOW ANYTIME…IRAN SANCTIONS ALSO BEING LIFTED.  TO MY KNOWLEDGE NOTHING ELSE LEFT…THE LIFTING OF THOSE SANCTIONS WAS A HANGING SPOT NOW HAVE INFORMATION THAT WAS CLEARED…  NOW I CAN FIND ZIP STILL PENDING. SHABIBI STATED YEARS AGO AND HENRY KISSINGER SAID WHEN THEY FINISH THE LIST OF REQUIREMENTS THE RATE WILL SHOW.   MYSELF AND OTHERS HAVE REVIEWED AND CAN FIND NOTHING TO PREVENT A NEW RATE FROM BEING ASSIGNED TO THE DINAR…WOW.
______________________________________________________________

rcookie (Dinar Guru) – …THE FORMER OIL AGREEMENT BETWEEN BAGHDAD AND ERBIL…IN BUDGET AND APPROVED!  THERE IS A NEW SHERIFF OVERSEEING 2016 BUDGET ALLOCATIONS AND DISBURSEMENTS…AND HIS NAME IS IMF…BUDGET RECAP HAS THE IMF FINGERPRINTS…INFLUENCE AND LEVERAGE ALL OVER IT…COMPLETELY TRANSPARENT!   …THERE WERE LITERALLY 50+ REPORTS OF ITS PASSING WITH DETAILED PARTICULARS OF ALL THE FINAL ADJUSTMENTS MADE…AND THE FINAL VERSION IN WRITING…AMNESTY LAW WAS REPORTED YESTERDAY TO BE PUT TO VOTE BY END OF MONTH!

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

The United Nations welcomes the approval of Iraq’s budget for 2016, and hopes to further reforms

The United Nations welcomed the decision of the Iraqi Council of Representatives of the country’s budget for 2016.

Internationalist Representative in Iraq, Jan Kubis said in a statement Buratha news agency received a copy of it, “I would like the government and congratulate the Iraqi Council of Representatives to adopt the 2016 budget law, and I’m pleased with the decision of the House of Representatives.”

He added that “at this critical economic environment, Levan legislation Budget 2016 law was appropriate and allows the government as well as regional and local authorities to focus on service delivery and support of the population, including millions of people displaced internally, while maintaining the fight against terrorism and the elements Daash”
Read More: http://www.dinarupdates.com/showthread.php?26848-The-United-Nations-welcomes-the-approval-of-Iraq-s-budget-for-2016-and-further-refor

Parliamentary Finance: Presidency of the Republic to ratify the 2016 budget during the next few days

BAGHDAD / Baghdadi News / .. announced the parliamentary finance committee member Masood Haider, Thursday, that the general budget for the 2016 law voted by parliament in its session yesterday, the President of the Republic will be approved in the next few days.

Haidar said to the reporter / Baghdadi News /, “The Presidency of the Republic to ratify the general budget for the 2016 law during the next few days, while ruled that the law remains without authentication President of the Republic until the end of the 15 day period prescribed by the Constitution.”

“The right of some of the blocks that have objections to the budget bill after voting attic recourse to the Federal Court,” describing “those objections political bidding.”
It is said that the Council of Representatives voted 45 Minutes, which held on Wednesday on the state budget for the year ended 2016. Law 21 / g

Read More: http://www.dinarupdates.com/showthread.php?26837-Presidency-of-the-Republic-to-ratify-the-2016-budget-during-the-next-few-days-12-17

______________________________________________________________

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 12-16-15 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!!

Millionday: WE ARE HAVING A HUGE NEWSTIME TONIGHT THAT IS NOTHING BUT EXCITING

poppy3: SORRY MD I TOLD THEM ALL THE NEWS LOL, LOL ACTUALLY DON’T TELL THEM EVERYTHING SOME OF THEM WILL PASS OUT . LOL,LOL NOT SURE SOME OF THEM CAN HANDLE IT. LOL, LOL YOU COULD PULL THEIR LEG A LITTLE. AMEN

Millionday: POPPY THERE IS SO MUCH AND I THINK WE MAY LOSE A FEW TOO LOL THIS IS GREAT IN THE DAY OF NEWS — I AM SO EXCITED

Millionday: CBI MANDATES HAVE BEEN CHANGED A LITTLE IN THE LAST BIT AND IT NOW READS A LITTLE DIFFERENT AGAIN I THINK BUT I WOULD LIKE US TO READ IT AGAIN
~~~

Read More: http://www.dinarupdates.com/showthread.php?26821-Millionday-newstime-12-16-15

“Round Table” Dinar Call!!

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

Smart phone user link – Click here

Millionday News Time Chat 12-16-15 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: HUGE NEWS >>>Completion of the registration of companies electronically project

Millionday: NOTE — THIS IS THROUGH THE SINGLE WINDOW WE WATCHED AND READ COMPLETED

Millionday: Hashemi represents a working single-window system to register and national foreign companies in the Ministry of Commerce, in particular as regards the entry of these companies to invest in Iraq to improve the business environment, it is important to enter the local market attractions, as would the reduction of red tape loops and speed in bringing in investments foreign.

Millionday: and confirmed the Ministry of Commerce completed the registration of companies through the project website and a record time in implementation of the plan to simplify government procedures and routine bypass loops.
~~~

Read More: http://www.dinarupdates.com/showthread.php?26821-Millionday-newstime-12-16-15
______________________________________________________________

CURRENCY CODE SELL BUY

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

CURRENCY CODE SELL BUY
US dollar USD 1182.000 1180.000
Euro EUR 1292.281 1291.634
British pound GBP 1775.955 1775.067
Canadian dollar CAD 856.212 855.783
Swiss franc CHF 1194.181 1193.584
Swedish krona SEK 139.188 139.119
Norwegian krone NOK 135.239 135.171
Danish krone DKK 173.189 173.103
Japanese yen JPY 9.698 9.693
Special
Drawing Rights
SDR 1632.649 1631.833

Indicative rates – 12.17.2015

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

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

Dinar Daily NEWS Blog – Dec 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…

Colossians 3:23 (NKJV)

23 And whatever you do, do it heartily, as to the Lord and not to men,

Heavenly Father, Thank You that Jesus is our Peace! We pray that whatever we do today that we do it as unto You, Lord 🙂 In Jesus Name, Amen.

Mrs. BGG

Dinar pic above Daily Dinar Value

Iraqi Dinar/Dollar auction (most recent listing) 12-13-15 

Currency Auctions Announcement No. 3093

This daily currency auction was held in the Central Bank of Iraq on the 12-10-2015

The results were as follows:

DETAILS NOTES
Number of banks 22
Number of remittance companies 17
Auction price selling dinar / US$ 1182
Auction price buying dinar / US$ —–
Amount sold at auction price (US$) 183,580,000
Amount purchased at Auction price (US$) —–
Total offers for buying (US$) 183,580,000
Total offers for selling (US$) —–

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

A little rebellion now and then is a good thing. – Thomas Jefferson

*** Current News ***

Follow us on twitter @DinarUpdates !!

follow Dinar Updates on twitterDon’t Miss “NEWS TIME” in the DU CHAT ROOM – Monday evening at 7:30pm EST!!

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

BGG – 30 days ago the “market rate” was 1225…it’s 1212 now…they have “magically” brought the Market Rate down to 1212…they also brought the “sell rate” within the 2% IMF compliance…they are now SELLING the Dinar at 1182 per Dollar…the CBI “magically” decided to go from 1166 to 1182 – any ideas as to why?  the IMF takes over – they start following a plan.  There is obviously a new plan…NO ONE SAW THAT COMING.  of all the scenarios anyone could have dreamed up – who would think they would sell Dinar for less? Guess what – it makes things work…

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

Will dinar exchange rate impact Iraqi financial crisis?

In light of the suffocating financial crisis plaguing the Iraqi economy following the sharp decline in oil prices, experts and concerned parties are discussing the most appropriate option to fix the exchange rate.

The Iraqi Parliament had discussed the possibility of reducing the dinar-dollar exchange rate by 10% to reach 1,300 dinars per dollar to supply the general budget with 5 trillion dinars ($4.2 billion), or by 20% to reach 1,400 dinars per dollar to supply it with 9 trillion dinars (about $8 billion).

There is no doubt that a reduction of the dinar exchange rate would provide additional resources for the general budget. It will increase the quantity of Iraqi dinars obtained by the Ministry of Finance in return for converting into the dinar its oil revenues or foreign loans it received through the Central Bank of Iraq in dollars.

However, this method increases government resources at the expense of citizens. The losing parties are ordinary citizens, especially those with limited incomes. The purchasing power of their income will drop, especially with the rise in prices of imported goods. The creditors in local currency will also be affected, including those holding Iraqi treasury bonds.

Moreover, Iraq’s almost total reliance on oil revenues, its poor resources such as goods and services other than oil, the existence of financial investments abroad and large foreign reserves and the high cost of external borrowing all indicate a lack of available options to address the current shortage of government foreign-exchange resources. This means that the only solutions are cutting spending, trying to increase some types of direct taxes and fees and issuing treasury bonds in the local market.

The Iraqi dinar’s exchange rate was equal to $3.3 before the outbreak of the Iran-Iraq War. Then $1 became equivalent to 3,000 dinars during the economic blockade from 1990 to 2003. Anyone who has followed the dinar will realize that the problem lies in the difference between the dollar’s supply and demand and the dinar’s supply and demand. It is a simple equation that controls not only the currency prices, but also the prices of all kinds of goods and services. So, for the state to control one side of the equation, it has to control the other side to ensure that the exchange rate will be stable.

When Iraq’s oil resources were limited before OPEC first raised prices in 1973, the country relied on the currency law, a remnant of the gold standard. This law necessitated that 70% of exported currency be backed with gold and foreign currencies to control the dinar supply through government spending. After the Iran-Iraq War, the currency law was abolished, disturbing the balance between the supply and demand of foreign currency with increased military and civilian government spending.

The government allowed the private sector to directly import goods from producers and sell them at prices that were not subject to its control. Thus, there were two exchange rates: an official rate that maintained the $3.3 price and was used for official expenses, and a parallel rate determined by the supply and demand of foreign currency. The difference between the two rates widened in the wake of the economic embargo on Iraq in 1990. As a result, the parallel exchange rate rose to 3,000 dinars at points.

After the occupation and after the export of Iraqi oil was allowed again and deposits were unfrozen, Iraq was expected to undergo monetary reform, whereby surplus banknotes would be withdrawn from circulation. However, it used the daily currency auction, in which specific amounts of dollars are sold to the banks and the private sector to meet the domestic demand for foreign currency, especially for the purposes of importation. The steady increase in oil revenues led to a gradual improvement in the exchange rate until it reached 1,220 dinars to the dollar.

Many politicians and analysts believe that the daily currency auction is a way to smuggle the dollar through private banks under the pretext of importation, and their criticism has increased in light of the current financial crisis.

The question asked by those concerned in Iraq is: Does the daily currency auction have to continue despite the claims made about it? Or should we abandon it and turn to other means so that the process of buying and selling the dollar is free, without restrictions, as some suggest?

Choosing the appropriate exchange rate for any state is a critical scientific process that depends on the state’s economic and financial situation as well as its economic ideology. The states that choose a free floating exchange rate for its currency and make its buying and selling a free process without restrictions are usually powerful, developed economies that have important and multiple foreign currency sources and currencies of importance in international trade and investment flows, as well as large reserves of international currencies.

To preserve the exchange rate, a country that pegged its currencies to a foreign currency such as the dollar or to a currency basket has two options. The first is to have large foreign currency and gold reserves to support the pegged exchange rate when necessary, as the GCC countries do. The second is to maintain the exchange rate through the management of the monetary authority, which influences the factors determining the demand for foreign currency. This is what Iraq was doing prior to the first oil boom.

Presently in Iraq, the government does not have an official Iraqi dinar to dollar exchange rate, or a currency basket. The $3.3 exchange rate is no longer used for any currency, although it has not been officially canceled.

Accordingly, in light of the limited foreign currency resources and difficulty to go beyond oil resources, it is imperative that the state manages the current exchange rate through the development of a foreign exchange budget by the Central Bank, which will determine the allocation of imported goods, services and transfers without charges.
This way, it is possible to maintain the current exchange rate’s stability and to limit expenditures in foreign currency to the available resources until the circumstances are favorable for monetary reform and the adoption of an appropriate official exchange rate.

Are you all reading this ?????????????????????

______________________________________________________________

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)
______________________________________________________________

BGG News Time Chat 12-11-15 PM Part 1 of 3

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

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

BGG: here’s my insider story for the nite…

BGG: you guys will likey..

BGG: Mike (Kaperoni) has worn us all out with this 2% IMF guideline business..

BGG: a long time ago… I told him… when it’s time – they will magically “be in compliance”…
​
BGG: for whatever reason… guess what… THEY ARE.

BGG: more curious than that they are… is HOW??
~~~

Read More: http://www.dinarupdates.com/showthread.php?26548-Newstime-with-BGG-12-11-2015

“Round Table” Dinar Call!!

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

Smart phone user link – Click here

BGG News Time Chat 12-11-15 PM Part 2 of 3

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

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

CanTWaitwoRV says to BGG: The Ministry of Planning, Monday, for the controls and mechanisms for the implementation of new and ongoing investment projects in a manner postpaid and to be adopted within the next year’s budget in 2016.

He said ministry spokesman Abdul Zahra al-Hindawi said in a statement that representatives of the Ministries of Planning and Finance, and in consultation with the Economic Adviser to the Prime Minister acknowledged the controls that will be adopted in the implementation of projects on credit, which stressed that the implementation of projects in this way is for projects developed in accordance with Article 26 of the Budget Law for 2015, taking into consideration ongoing in the draft 2016 budget projects and include text

BGG says to wmawhite: That is a most interesting point…

Nadita says BGG: …what are you going to do when this rv..? and the chat is overloaded…
~~~

Read More: http://www.dinarupdates.com/showthread.php?26548-Newstime-with-BGG-12-11-2015
______________________________________________________________

CURRENCY CODE SELL BUY

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

CURRENCY CODE SELL BUY
US dollar USD 1182.000 1180.000
Euro EUR 1293.463 1292.816
British pound GBP 1793.803 1792.906
Canadian dollar CAD 869.182 868.747
Swiss franc CHF 1198.540 1197.941
Swedish krona SEK 140.248 140.178
Norwegian krone NOK 137.063 136.994
Danish krone DKK 173.365 173.278
Japanese yen JPY 9.720 9.715
Special
Drawing Rights
SDR 1644.564 1643.742

Indicative rates – 12.13.2015

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

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