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.
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Mrs. BGG
Iraqi Dinar/Dollar auction (most recent listing) 04-02-16
Currency Auctions Announcement No. 3169
This daily currency auction was held in the Central Bank of Iraq on the 04-02-2016
The results were as follows:
| DETAILS | NOTES |
| Number of banks | 29 |
| Number of remittance companies | 18 |
| Auction price selling dinar / US$ | 1182 |
| Auction price buying dinar / US$ | —– |
| Amount sold at auction price (US$) | 79,005,544 |
| Amount purchased at Auction price (US$) | —– |
| Total offers for buying (US$) | 79,005,544 |
| Total offers for selling (US$) | —– |
More: http://dinarupdates.com/observer/
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I think there is only one quality worse than hardness of heart and that is softness of head. – Theodore Roosevelt
*** Current News ***
Abadi directs the Integrity Commission to investigate corrupt deals on oil contracts
Twilight News / face Prime Minister Haider al-Abadi on Saturday Integrity Commission to open an investigation on the state accusing senior officials of corruption deals, a young oil contracts in the previous government headed by Nouri al-Maliki.
Information Office of Ebadi said in a statement, said that the last face of the Integrity Commission to take legal action and calls for the judiciary to carry out prosecutions spot about serious by the investigative journalism (Fairfax Media) and (Hovingtin Post), which revealed the involvement of senior Iraqi officials in the state in corrupt deals and bribes related to oil contracts during the previous governments. ”
Read More: http://www.dinarupdates.com/showthread.php?32812-Abadi-directs-the-Integrity-Commission-to-investigate-corrupt-deals-on-oil-contracts
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SteveI – The new parliament seems to be in place now and all has agreed, but still waiting for the final vote to make it official. As you can see, there is some major steps in change for the better and the new Iraq will be announced in short time. With many important people attending this major meeting this weekend, something really big is happening. Will it be what we are looking for? Probably not, but at a minimum it surely must be leading up to it or something significant in the near future. Based on what I have read and reading, Iraq is pushing very hard to officially enter into the global market with a new value attached to their currency. This is pretty much a given, but watching them accomplish this is sure confusing and complicated. After one mile stone reached there seems to be another one ahead. One would think that the end is sure near. [post 2 of 2]
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SteveI – I received some information from a couple contacts regarding the current news...The main focus was this past week some very strange things happening on the ISX. I guess the ISX was down for some time and when it came backup most of the numbers did not make sense. There seem to be some major trading by only a few companies. Also it was brought to my attention that most of the Iraqi bond purchases were to banks. This is very positive because banks have to have a minimum asset reserve to be able to participate in a global exchange of their currency (this was what several told me…). Another mention on the CBI site was the lack of some of the denominations that used to be listed. This is all looking very positive. Security seems to be getting under control. This came directly from someone in Iraq and is close to the action. ISIS is still a factor but not anywhere near what it was. I was also told that some major house cleaning regarding hundred of arrest warrants and many officials have already fled the country.
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(Please note – we are posting daily News Articles slightly differently now)
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Washington supports Abadi reform efforts
The US State Department expressed support for campaign reform adopted by the Iraqi Prime Minister Haider al-Abadi, called upon all Iraqi parties to cooperate with the efforts made in this framework.
A senior US official at the ministry, who asked not to be named; the change of government in itself is an internal affair and should not be commented on by only Iraqi officials.
He called the US official, on Iraqis to work together to move the political process forward and find ways to promote the interests and aspirations of the Iraqi people.
Iraqi Prime Minister Haider al-Abadi pledged on Thursday, to proceed with the process of reform and change and the fight against corruption.
Abadi said in a statement, “The cabinet reshuffle, which we presented to the House of Representatives and the political blocs is part of a comprehensive reform program that responds to the aspirations of our people, which included reducing its cabinet of 22 ministries into 16 ministries and the nomination of 14 ministers while retaining the ministries of defense and interior for reasons of security Daash against the ongoing war. ”
Read More: http://www.dinarupdates.com/showthread.php?32796-Washington-supports-Abadi-reform-efforts-04-01-2016
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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 | 1338.497 | 1337.828 |
| British pound | GBP | 1702.907 | 1702.056 |
| Canadian dollar | CAD | 911.896 | 911.440 |
| Swiss franc | CHF | 1226.777 | 1226.164 |
| Swedish krona | SEK | 144.766 | 144.694 |
| Norwegian krone | NOK | 141.941 | 141.870 |
| Danish krone | DKK | 179.589 | 179.499 |
| Japanese yen | JPY | 10.497 | 10.492 |
| Special Drawing Rights |
SDR | 1662.601 | 1661.770 |
http://www.cbi.iq/