Welcome to the Dinar Daily NEWS Blog. For regular Dinar News Updates, Dinar to USD listings, Iraqi Dinar info and Dinar info – THAT MATTERS!! This is a good place to start for your Daily Dinar Recap – if you are a Dinar vet or just looking for the current Dinar Value – Welcome.
Word for the day…
2 Thessalonians 3:3 (NKJV)
3 But the Lord is faithful, who will establish you and guard you from the evil one.
Heavenly Father, Thank You that You are Faithful! Thank You for establishing and guarding us! In Jesus Name, Amen.
Mrs. BGG
Iraqi Dinar/Dollar auction (most recent listing) 12-30-15
Currency Auctions Announcement No. 3106
This daily currency auction was held in the Central Bank of Iraq on the 12-30-2015
The results were as follows:
| DETAILS | NOTES |
| Number of banks | 24 |
| Number of remittance companies | 19 |
| Auction price selling dinar / US$ | 1182 |
| Auction price buying dinar / US$ | —– |
| Amount sold at auction price (US$) | 156,357,519 |
| Amount purchased at Auction price (US$) | —– |
| Total offers for buying (US$) | 156,357,519 |
| Total offers for selling (US$) | —– |
More: http://dinarupdates.com/observer/
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There’s nothing in the middle of the road but a yellow stripe and dead armadillos. – Jim Hightower
*** Current News ***
HAPPY NEW YEAR!!
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Don’t Miss “NEWS TIME” in the DU CHAT ROOM – Thursday evening at 7:30pm EST!!
www.DinarUpdates.com – save as favorite!!
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Poppy3 – …IT DOESNT GET BETTER… THEY CANT SAY IT ANY CLEARER. WHAT I HAVE DISCLOSED IS ALL IN INK AND STATED TO THE WORLD THAT IS LISTENING. HERE WE ARE AND THIS IS WHAT WE ARE DOING NOW. THE ONLY OFFICIAL RATE EVER MENTIONED WAS GIVEN IN OCT 2010 AND NO ONE HAS EVERY SAID A WORD DIFFERENCE. I HAVE POSTED IT AT LEAST 1000 TIMES.
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Kaperoni – From CBI: “Decides to re-evaluate these investment shares at the beginning of 2016 in the light of the prices traded by Iraq Stock Exchange,” Iraq is running out of time. With oil at $35 and expected to maybe drop to even lower, those reserves will be gone in no time. They need currency reform now and they need to get this market economy going without delay. That being said, I am hopeful this notice is the beginning of that reform. I am optimistic.
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Arthur – In a nutshell it appears that every single element we could possibly hope to see has and is happening in real time. The Hydrocarbon Law governing funds distribution along with the requisite taxes and tariffs are imminent within the next 48 hours. We are witnessing the perfect storm that we have always dreamed of for a reality rate for our investment literally any day now. The security picture couldn’t be better as what you are getting is at least 8 days behind reality so consider it done. In the words of the late Michael Jackson: THIS IS IT!
“Round Table” Dinar Call!!
“for Dinar News – that MATTERS!!”
from Monday 12/21
Smart phone user link – Click here
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Economist: Replace the currency of the positive benefits of Aaakhlu
BAGHDAD – Imad emirate – adopt the monetary authority decision in the process of replacing the currency on the approach to costs and benefits, as a change of the Iraqi dinar and the deletion of zeros is an important step on the road to monetary reform, and the reform of the currency management system through structured to control the flow and management of the cost of the money supply in a manner optimized using Model «Mosley» the most comprehensive, which does not stop at the borders of the costs and benefits but includes economic, social and political environment variables.
This is what started his speech by economist d. Abdul-Hussein Abdul Jalil Ghalibi »Sabah», pointing out: that the ideas can be raised in this area, from the process of deleting the zeros and replace currency terms would be too costly to the Iraqi economy and society, from the cost lawsuits and compensation, as well as cost support the economy during and after the the replacement process.
He stressed that no one denies that the process of changing the dinar require the costs to complete, but the discussion of these costs come from several directions, the first being that maintaining the dinar generates community ongoing costs in accounting fields and procedural counting, sorting, storage and others.
He said that these costs can be saved When you change currency and reduced to a minimum, and the second direction that is secreted by the costs is the issue of paper currency printed and punching the coin, and here it can be said: The huge number currently in the Iraqi
economy, which amounts to 4 billion paper needs to be replaced operations damaged leaves and shredded and consumed him .
And that old deliberative banknote no more than ten years, but it is in conditions of heavy use, as is the case in Iraq, which hit the currency rate in circulation to money supply which about 90 percent of the old could be up to five years.
He Ghalibi So These costs are already unspent along with the replacement will reduce the number of banknotes issued to the gain of 70 percent from the previous issue, and therefore the costs also will be reduced by more than this percentage because the old Deliberative new paper will be longer than the previous two reasons. First, the coins will reduce the burden to use it, and that large banknotes will be the speed to use less.
He said that the second reason is that the quality of the paper better and more tolerant than the current paper, which was issued in 2003, the mission of the developments that have occurred in printing money the field.
He continued: The reference to the cost of compensation and claims there is nothing to do with the process of replacement as well as support the economy cost also nothing to do with this, as the government support of economic activity is affected by the process of changing the currency because what determines the amount of support and direction is the government in the financial policies.
He explained Ghalibi Changing the currency and the deletion of zeros does not reduce the source of paper, and with the relevance of this opinion and his health, what taken it is that the currency (the dinar) does not stop the replacement limits of the same categories, but will be Asaddarviat monetary larger so that the total number of papers will reach 1.18 billion paper instead of 4 billion paper, Mmaakhvd number of leaves significantly along with increase the range of categories used is not Top only, but from the bottom to issue coins.
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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 12-31-15 PM Part 1 of 2
Thanks to Dinar Detectives for a post and Dinar Recaps for posting this in their BLOG
Welcome to dinarupdates.com for News Time with Millionday!!
templejc : what makes this tariff time more real than other times they were promised but only delayed?
Millionday: THE PORTION THEY HAVE OF THE BUDGET AND THE ORDER TO BE NATION WIDE ALONG WITH MANY OTHER LAWS THAT WERE NOT IN PLACE BEFORE AND ARE IN PLACE NOW IMO
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Millionday: WE SAW THIS COMPANY WHEN IT ENTERED AND IT WAS REPORTED AT THAT TIME HOW WITH ASIA CELL AT THAT TIME HOW IMPORTANT THE ENTRY OF THIS COMPANY WAS — SO NOW WE HAVE AN UPDATE ON ITS POSITION
Millionday: KNOW THAT THIS HAS BEEN ANNOUNCED TO CITIZENS >>Detection of the parliamentary finance committee member Husam punitive, Wednesday, for the activation of customs tariffs as of 1/1 in all provinces and border crossings in the Kurdistan region,
Millionday: NOTE — READ EVERY WORD AND ASK YOURSELF — WHY WOULD SUCH A LARGE COMPANY DO THIS AT THIS TIME?
Millionday: LOSS IS NOT AN OPTION WHEN YOU HAVE STOCK ON THE LINE IN THE MARKET
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Read More: http://www.dinarupdates.com/showthread.php?27859-Millionday-Special-News-Time-12-31-15
“Round Table” Dinar Call!!
“for Dinar News – that MATTERS!!”
from Sunday 11/29
Smart phone user link – Click here
Millionday News Time Chat 12-31-15 PM Part 2 of 2
Thanks to Dinar Detectives for a post and Dinar Recaps for posting this in their BLOG
Welcome to dinarupdates.com for News Time with Millionday!!
Millionday: OK SO LET ME SHOW YOU ONE MORE THING
Millionday: WHAT IS REMITTANCE OF MONEY?
Millionday: A remittance is a transfer of money by a foreign worker to an individual in his or her home country. Money sent home by migrants competes with international aid as one of the largest financial inflows to developing countries.
Millionday: NOTE– THE EXCHANGE OF FUNDS SO THAT MONEY CAN BE WIRED OUTSIDE OF THE COUNTRY OR IN — THINGS THAT MAKE YOU GO HMMMMMM
Millionday: CALL TONIGHT –DONT MISS IT
Millionday: HAPPY NEW YEAR !!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!!
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Read More: http://www.dinarupdates.com/showthread.php?27859-Millionday-Special-News-Time-12-31-15
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CURRENCY CODE SELL BUY
Dinar to USD – Dinar Value – Iraqi Dinar “IQD” listing
| CURRENCY | CODE | SELL | BUY |
| US dollar | USD | 1182.000 | 1180.000 |
| Euro | EUR | 1294.526 | 1293.879 |
| British pound | GBP | 1752.197 | 1751.321 |
| Canadian dollar | CAD | 853.430 | 853.003 |
| Swiss franc | CHF | 1195.630 | 1195.032 |
| Swedish krona | SEK | —– | —– |
| Norwegian krone | NOK | 136.101 | 136.033 |
| Danish krone | DKK | 173.461 | 173.375 |
| Japanese yen | JPY | 9.823 | 9.818 |
| Special Drawing Rights |
SDR | 1641.857 | 1641.036 |