Dinar Daily NEWS Blog – Aug 19th

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Word for the day…

Philippians 4:13 (NKJV)

13 I can do all things through Christ who strengthens me.

Heavenly Father, Thank You for Your Grace & Mercy! Thank You for Jesus Christ who strengthens us! In Jesus Name, Amen.

Mrs BGG

home7

Iraqi Dinar/Dollar auction 19-08-15

Currency Auctions Announcement No. 3017

This daily currency auction was held in the Central Bank of Iraq on the 19-08-2015

The results were as follows:

DETAILS NOTES
Number of banks 27
Number of remittance companies 9
Auction price selling dinar / US$ 1166
Auction price buying dinar / US$ —–
Amount sold at auction price (US$) 271,284,442
Amount purchased at Auction price (US$) —–
Total offers for buying (US$) 271,284,442
Total offers for selling (US$) —–

More: http://dinarupdates.com/observer/
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wmawhite – Well, well ,well…now the U.S. News and World Report is reporting the same thing:..“US News & World Report – Iraqi selling intl bonds and redominating currency…Reacting to the crisis, Iraq plans to issues bonds worth $7 billion — $5 billion in international bonds… Iraq also revived a long-delayed plan to redenominate the Iraqi dinar by knocking three zeroes off the nominal value of its banknotes, said Ihsan Shamran al-Yassiri, the head of Iraq Central Bank Issuing and Vaults Department“  the significance is that the IQD will be on the bond market. The bond market is twice the size of all of the world’s stock markets combined.   when the IQD is on the bond market the individual bonds are able to move freely.  This is the first step of the IQD reentering the world currency markets. Exciting and nice news.

[…will those bonds be in Dinar…or USD? the international ones?]  The article…reports in IQD.  [is redenominate the same thing as a LOP?]  No…Understanding this, …a LOP would be going in the opposite direction.  Try to understand when a country LOP it is under huge inflation and the currency is losing value daily. Iraq has very little inflation and even the biggest critic will admit that the value of the IQD is much greater than 1166.

Read More: http://dinarupdates.com/observer/
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The involvement of his son and his in-laws and the leaders of the call .. parliamentary sources:

Maliki was involved in the largest money laundering operation in Iraq

Nuri al-Maliki, who is currently in Tehran in addition to the issue of facilitating the delivery of Mosul to state regulation facing charges of laundering more funds management process in the history of Iraq.

«Okaz» and learned that a private form of Iraqi Prime Minister Haider Abadi, a government commission will begin within days to open the financial files for the owners to begin its work in parallel with the mini-financial committee set up by Parliament to follow up on money laundering in the central bank file or transfer large sums of money out of the country accuse Maliki of being behind it.

Said parliamentary sources for «Okaz» The financial transfers to the owners and his family in the central bank files with high uncertainty, especially on the issue of disclosure of the sources of the funds transferred out of the country, estimated at billions of dollars, noting that the largest of these transfers were for banks the «Alberivc» in Switzerland.

The sources pointed out that the documented information confirms reached some facts that permit the provision of the case file to the judiciary, noting that there is a huge financial figures have been agitated in recent years have turned to the accounts of al-Maliki and members of his family out of the country, whether by the central bank or exchange companies.

She said that the numbers that indicate her official records in the bank and report the bank for remittance movements carried out by some exchange companies, which bear the names of al-Maliki and his son and some leaders of the Dawa Party, led by very large-Maliki was converted during the past 6 years. So Abadi visit was postponed due to be carried out today to China, so as to follow up the implementation of reforms package to combat corruption, and the security situation in the country.

http://www.dinarupdates.com/showthread.php?17904-Maliki-was-involved-in-the-largest-money-laundering-operation-in-Iraq-8-18&p=127593&viewfull=1#post127593
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Maliki ‘on the run’ in Tehran in search of immunity or asylum Middle East Online

http://www.dinarupdates.com/showthread.php?17908-Maliki-%91on-the-run%92-in-Tehran-in-search-of-immunity-or-asylum&p=127598&viewfull=1#post127598 …

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Iraq: Report on fall of Mosul to ISIS calls for ex-PM Maliki to face trial

Others implicated include former acting defense minister and Mosul’s governor

Baghdad, Reuters—Iraq’s parliament on Monday referred to the judiciary a report calling for the trial of former prime minister Nuri Al-Maliki and dozens of other top officials in connection with the fall of Mosul to the Islamic State of Iraq and Syria (ISIS) last year, two lawmakers said.

Lawmaker Mohamed Al-Karbouli said the vote in parliament was taken by a show of hands and passed by a majority. He said the report was now due to go to the public prosecutor and Prime Minister Haider Al-Abadi, who has the right to refer officers for court martial. The panel’s report, the most drastic step yet taken by Baghdad to provide accountability for the loss of nearly a third of the country’s territory to ISIS, alleges that Maliki had an inaccurate picture of the threat to the northern city because he chose commanders who engaged in corruption and failed to hold them accountable.

There has been no official accounting for how Mosul was lost, or of who gave the order to abandon the fight. Maliki has accused unnamed countries, commanders, and rival politicians of plotting the city’s fall.

The report’s findings also placed responsibility for the fall of the city on Mosul Governor Atheel Al-Nujaifi, former acting defense minister Saadoun Al-Dulaimi, former army chief Gen. Babakir Zebari, and Lt. Gen. Mahdi Al-Gharrawi, former operational commander of Nineveh province, of which Mosul is the capital.

Others accused include Nineveh police commander Maj. Gen. Khalid Hamdani, former deputy interior minister Adnan Al-Assadi, former army intelligence chief Lt. Gen. Hatam Al-Magsousi, and three other Kurdish members of the Iraqi security forces.

ISIS’s seizure of Mosul, Iraq’s second city, in June 2014 as it swept across the Syrian border and declared a “caliphate,” exposed the failings of a governing system defined largely by ethno-sectarian party patronage.

A year in office, Abadi is seeking to transform a system he complained has spawned corruption and incompetence that has deprived Iraqis of basic services while undermining government forces in the battle against ISIS fighters.

http://www.dinarupdates.com/showthread.php?17887-Iraq-Report-on-fall-of-Mosul-to-ISIS-calls-for-ex-PM-Maliki-to-face-trial-8-18-2015&p=127567&viewfull=1#post127567
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 Maliki will not return to Baghdad and Tehran acquitted even send a senior delegation to gain “immunity”

gvrhoieneoirgjenrtIraqi political sources said that Vice President article Nuri al-Maliki who is currently in Tehran, “will not return to Iraq only after Tehran reached an agreement with Prime Minister Haider al-Abadi guaranteed not to display it to eliminate any charge was.”

The newspaper “Okaz” Saudi Arabia, pointed out that “Tehran has sent secretly to Baghdad for this purpose, the commander of the Qods Force of Iran Qassem Soleimani, accompanied by high-level political and religious delegation to accomplish this task as soon as possible.” The sources confirmed that al-Maliki discuss in Tehran how to deal with reform measures which tries Abadi application and obtain guarantees believes not legally held accountable for corruption files that implicated them.

http://www.dinarupdates.com/showthread.php?17905-Maliki-will-not-return-to-Baghdad-and-Tehran-sends-a-senior-delegation-to-Iraq-8-18&p=127594&viewfull=1#post127594

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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 1289.596 1288.951
British pound GBP 1831.086 1830.171
Canadian dollar CAD 891.915 891.469
Swiss franc CHF 1192.107 1191.511
Swedish krona SEK 136.579 136.510
Norwegian krone NOK 140.855 140.785
Danish krone DKK 172.792 172.706
Japanese yen JPY 9.369 9.365
Special
Drawing Rights
SDR 1631.969 1631.153

http://www.cbi.iq/

Indicative rates – 08.19.2015

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