Dinar Daily NEWS Blog – Aug 12th

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Word for the day…

Hebrews 13:15 (NKJV)

15 Therefore by Him let us continually offer the sacrifice of praise to God, that is, the fruit of our lips, giving thanks to His name.

Heavenly Father, we Praise You and bless Your Holy Name! We love You 🙂 In Jesus Name, Amen.

Mrs BGG

home7

Iraqi Dinar/Dollar auction 12-08-15

Currency Auctions Announcement No. 3012

This daily currency auction was held in the Central Bank of Iraq on the 12-08-2015

The results were as follows:

DETAILS NOTES
Number of banks 25
Number of remittance companies 8
Auction price selling dinar / US$ 1166
Auction price buying dinar / US$ —–
Amount sold at auction price (US$) 220,718,529
Amount purchased at Auction price (US$) —–
Total offers for buying (US$) 220,718,529
Total offers for selling (US$) —–

More: http://dinarupdates.com/observer/
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Run for your life from any man who tells you that money is evil. That sentence is the leper’s bell of an approaching looter. – Ayn Rand

*** Current News ***

wmawhite – How great everything is for us.  We simply do not know what that one events is or events or that will have the CBI trigger the mechanism that will turn the IQD on to the world.  However, we see the numerous indicators that tells us that they clearly intend to do such.  [I believe that they want to go back to the pre-war rate.]  I agree…they (CBI/GOI) have told the world that is their intent.  Keep in mind, that Iraq is rejoining the world economic community…thay are not joining themselves. They need to meet others requirements. They can not make up their own requirements.  [I just don’t see how they can implement the Tariffs again without a rate though.]   True…the tariffs is one of those indicators that point to purchasing power…the need for it.  There are the tariffs, and taxes, international bonds sold on the retail market that require a free moving currency…all are indicators.  IMO, Iraq is preparing for something that will permit them to move the IQD onto the world economic stage. When this event is ready they need the tarifs ready, the taxes ready and the bonds ready to go.

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

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 Dinar Updates retweeted

Iraq’s parliament approves reform plan in rare show of unity

http://apne.ws/1TjSaQ0  #AP #Iraq

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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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Iraqi leader wins backing for reforms but walks a dangerous line

BAGHDAD — Iraq’s parliament voted overwhelmingly Tuesday to back a package of measures aimed at stamping out corruption and government overspending, opening the way for the biggest overhaul of the country’s political system since the U.S.-led invasion in 2003…

…Ali al-Alaq, a senior politician with Abadi’s Dawa party, cited a “new reality” and spirit of cooperation from Iraq’s fractious political blocs.

Abadi drafted the reform package as soon as Iraq’s leading Shiite cleric, Grand Ayatollah Ali Sistani, gave his support to the demonstrations, Alaq said, ramping up pressure on the government to act.

“It wasn’t panic, but a realization of the urgent need to correct the political process,” the legislator said. “The prime minister had always demanded reform but faced opposition from political blocs, but now that the people and the clerics are behind him, it’s an opportunity to act.”Alaq acknowledged, however, that moving forward would not be easy.

“This is the nature of human beings. They don’t give up easily when their interests are harmed,” he said.

(Alak is also the current Gov of the CBI – very strange comments by him – to be sure…)…

http://www.dinarupdates.com/showthread.php?17271-Iraqi-leader-wins-backing-for-reforms-but-walks-a-dangerous-line-8-10&p=126676&viewfull=1#post126676
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Integrity issued arrest warrants for 316 responsible including ministers and deputies retired

BAGHDAD – ((eighth day)) – Integrity Commission issued orders to bring and the arrest of 316 former and current official in the Iraqi state, including ministers and deputy retirees.

A source in the body said in a statement reported by ((eighth day)) for “the issuance of warrants for officials on the background of the investigations and files for financial and administrative corruption and misappropriation of funds, extortion and other issues is completed,” noting that “the most prominent of those against whom arrest warrants are the head of the investment Sami Araji and director of the General Commander of the Armed Forces former office Farouk al-Araji. ”

The source said that “the competent security authorities arrested a number of suspects after the issuance of the introduction of their right orders, while still pursuing the remaining,” adding that “these actions taken by the Integrity Commission since last July, and has taken great boldness after July 31, the first demonstration, the protesters on corruption in the country. ”

The source declined to reveal the “more numbers and names,” but he said the “next few days will see the Iraqis surprises please them.”

http://8th-day.com/?p=107457

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Commercial Solicitation

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CURRENCY CODE SELL BUY

US dollar USD 1166.000 1164.000

CURRENCY CODE SELL BUY
US dollar USD 1166.000 1164.000
Euro EUR 1289.013 1288.368
British pound GBP 1816.278 1815.370
Canadian dollar CAD 886.827 886.383
Swiss franc CHF 1184.117 1183.525
Swedish krona SEK 133.894 133.827
Norwegian krone NOK 141.908 141.837
Danish krone DKK 172.736 172.649
Japanese yen JPY 9.343 9.338
Special
Drawing Rights
SDR 1628.296 1627.482

Indicative rates – 08.12.2015 

http://www.cbi.iq/

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