Welcome to the Dinar Daily NEWS Blog. For regular Dinar News Updates, Dinar to USD listings, Iraqi Dinar info and Dinar info – THAT MATTERS!! This is a good place to start for your Daily Dinar Recap – if you are a Dinar vet or just looking for the current Dinar Value – Welcome.
Word for the day…
2 Thessalonians 3:3 (NKJV)
3 But the Lord is faithful, who will establish you and guard you from the evil one.
Heavenly Father, Thank You that You are Faithful! Thank You for establishing and guarding us! In Jesus Name, Amen.
Mrs. BGG
Iraqi Dinar/Dollar auction (most recent listing) 12-29-15
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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*** Current News ***
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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
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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
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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
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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 |