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…
James 1:3-4 (NKJV)
3 knowing that the testing of your faith produces patience. 4 But let patience have its perfect work, that you may be perfect and complete, lacking nothing.
Heavenly Father, Thank You that You are the Author and Finisher of our faith! Thank You for the work You are doing through the Holy Spirit in the Body of Christ. Thank You for Your patience 🙂 In Jesus Name, Amen.
Mrs. BGG
Iraqi Dinar/Dollar auction (most recent listing) 01-25-15
Currency Auctions Announcement No. 3122
This daily currency auction was held in the Central Bank of Iraq on the 01-25-2015
The results were as follows:
| DETAILS | NOTES |
| Number of banks | 27 |
| Number of remittance companies | 21 |
| Auction price selling dinar / US$ | 1182 |
| Auction price buying dinar / US$ | —– |
| Amount sold at auction price (US$) | 162,157,679 |
| Amount purchased at Auction price (US$) | —– |
| Total offers for buying (US$) | 162,157,679 |
| Total offers for selling (US$) | —– |
More: http://dinarupdates.com/observer/
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No great thing is created suddenly. – Epictetus
*** Current News ***
“Round Table” Dinar Call!!
“for Dinar News – that MATTERS!!”
from – 01/26 – @ 3:30pm CST
Smart phone user link – Click here
Kaperoni (Dinar Guru) – Article quote: “this agreement is a great success of the association and will open us the doors of cooperation with the European Union and US Treasury” IMO, this is a clear sign that the CBI will move to Article VIII soon. Freedom of movement of capital cannot happen without it…and the UST and EU are part of that.
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wmawhite (Dinar Guru) – […what comes first the rate or article 8…?] Iraq/CBI can change their rate today and if they do not have Article 8 there isn’t two banks anywhere in the solar system that would touch the IQD.
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Millionday – “President of the World Bank pointed out that “the success of Iraq is important to the whole world and they are ready for all that Iraq needs support in the experience.” THE WORLD BANK IS ON BOARD TO PUSH FORWARD WITH IRAQI REFORMS — THAT IS LIKE MUSIC TO MY EARS…UNDERSTAND THIS IS THE PRESIDENT OF WORLD BANK — THE PRESIDENT. OBVIOUSLY A LOT IS RIDING ON THIS AND WE ARE RIDING ON SKIRT TAILS — …THIS STATEMENT IS HUGE.
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Hub (Dinar Guru) – facts: the dinar is not a tradeable currency because of sanctions by the United Nations, fact: the dinar is considered an exotic currency by money trading business concerns world wide, yes we bought em, but use em for purchases and see how that goes… fact: the dinar was given a non tradable value to punish iraq for actions toward kuwait. … fact: all countries surrounding iraq have a tradable currency with a value equal to the resources of the country… fact: iraq has been relieved from most sanctions issued by the UN…. fact: the last one , chapter 8 requires a currency revaluation equal to the value of resources of the country... fact iraq is considered to be one of the richest countries in the world. … summation is iraq is to obtain a currency equal to the ability of the resources purchasing value in the world economy…in other words, how much work has to be done to buy a coke
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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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Iraqi Dinar Currency to be Powerful to Enter in the Global Currency Markets
Osama Mehmoud, the global stock representative in Iraq stressed about the importance of integrative laws and economic action of law making. He also pointed out that linking the Iraqi dinar currency to the global economy has its own importance. The Iraqi currency should achieve its value against the global currencies. It would allow in providing more power to the economic process in the country. He further added in his press interview that current economic condition in Iraq needs more care. He pointed out that most of the laws related to the Iraqi economy are still need to get regulations for the economic management in the economic sector, according to the formula. The process in trade and economy are following an open economy as it is called market economy.
He further added that it would improve the economic management that would produce an uncertain economy. There are many industrialized nations depending on the open market that implemented the processes of production and the theory of import and export. The commercial exchange process between a numbers of companies should adopt a unified economic system. He gave an example of Iraqi economic reality that is continuously depending on letters of guarantee issued to the traders to manage the operations of import of goods. It is showing the limitations to the Iraqi verbal disapproval within the banks. It is also stopping to spread the Iraqi dinar currency into the international markets. As a result, the Iraqi dinar value decreased and unable to trade outside the Iraq. He stressed that importance of presenting the Iraqi dinar currency in the global currency markets.
RCookie & Member Chat 1-24-16 PM
Thanks to Dinar Detectives for a post and Dinar Recaps for posting this in their BLOG
Welcome to dinarupdates.com!!
jd says: If Iraq spends all of their reserves in the next 3 months,how does that affect the lifting of the 3 zeros and the value of a RVed currency??
jd says: With the price of oil at 23 dollars,Iraq will be at least 50 billion $ short in their budget this year. Im a little worried that if Iraq does not RV soon they will be tapped out??
larrykn says: this is the day the Lord has made let us rejoice in it 🙂
jtank says: amen go reval
larrykn says: yes GO RV
jtank says: jd that is the idea they have to RV
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Read More: http://www.dinarupdates.com/showthread.php?29002-Sunday-January-24-2016
“Round Table” Dinar Call!!
“for Dinar News – that MATTERS!!”
from 01/22 – 8:30pm CST
Smart phone user link – Click here
Mr White Afternoon Chat 1-24-16 PM
Thanks to Dinar Detectives for a post and Dinar Recaps for posting this in their BLOG
Welcome to dinarupdates.com!!
Wmawhite : What are the two most important items the CBI/GOI must accomplish before there is any change in the value of the IQD? …and are doing?
Straight from the IMF…here it is: “The government will gradually remove remaining exchange restrictions and multiple currency practice (MCP) with a view to eliminating exchange rate distortions.”
Now…how do we know for a FACT they are accomplishing these items?
Investment proceeds…that is foreign investment…money coming into the country and the ability to leave the country.
The fact that Iraq Airways/Airline is being opened for foreign investors is proof that the restrictions are moved/being removed.
Q: [so they are removing the restrictions so they can have currency exchange?]
Wmawhite : If you have one you have to have the other. It is the Investment Law that they amended is providing this great change in Iraq.
Q: [SO IT COULD BE A TIMING ISSUE?]
Wmawhite : It is in keeping with what we know…IMF expectations…1st half of 2016.
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Read More: http://www.dinarupdates.com/showthread.php?29002-Sunday-January-24-2016
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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 | 1277.506 | 1276.867 |
| British pound | GBP | 1689.314 | 1688.470 |
| Canadian dollar | CAD | 835.277 | 834.859 |
| Swiss franc | CHF | 1167.753 | 1167.170 |
| Swedish krona | SEK | 137.801 | 137.732 |
| Norwegian krone | NOK | 134.922 | 134.855 |
| Danish krone | DKK | 171.200 | 171.115 |
| Japanese yen | JPY | 10.034 | 10.029 |
| Special Drawing Rights |
SDR | 1630.214 | 1629.399 |