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) 06-06-16
Currency Auctions Announcement No. 3214
This daily currency auction was held in the Central Bank of Iraq on the 06-06-2016
The results were as follows:
| DETAILS | NOTES |
| Number of banks | 29 |
| Number of remittance companies | 19 |
| Auction price selling dinar / US$ | 1182 |
| Auction price buying dinar / US$ | —– |
| Amount sold at auction price (US$) | 135,797,524 |
| Amount purchased at Auction price (US$) | —– |
| Total offers for buying (US$) | 135,797,524 |
| Total offers for selling (US$) | —– |
More: http://dinarupdates.com/observer/
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It is dangerous to be right when the government is wrong. – Voltaire
*** Current News ***
In the parliamentary finance by calling for the support of banks and activating the deposit law
{Baghdad} Euphrates News called the parliamentary finance committee member Ahmed Sarhan, the government to support banks and activate the deposit law for the purpose of revitalization of the banking sector and development of the country’s economy.
The MP said Sarhan Ahmed told {Euphrates News} ” The development of the banking sector in Iraq is through the government support for the banks, as well as the Central Bank and funding required amounts to be able to fulfill their duties to the fullest , ” noting that “this depends on the amount found in the reserve the central bank “.
He pointed out that” the distribution of deposits in the state framework bank deposits law, enabling individuals to deposit their belongings in the banks and treats these holdings leads to a continuous movement between customers and banks. ”
explained Ahmed said , ” this will generate big banking movement will be development of the economy of this movement and through the deposit law , “noting that” these are the main things that you can state which move the banks and support so that it works properly and lead to the development of the Iraqi economy , as required. ”
he noted , ” what hinders revitalize the banking sector is the “lack of trust citizen banks the reasons and obstacles linked. ”
the economic expert on behalf of Jamil Antoine, said on the ninth of May,” the banking system in Iraq put a miserable. ”
said Antoine’s {Euphrates News}” with the rise in oil prices up to $ 50 per barrel , then the amount of of the budget deficit and opens the way for the Iraqi government to pay the debt and ease the burden on in addition to the economic budget move to create jobs at home , “adding , ” now there is an economic paralysis in the private sector and non – payment of the government ‘s commitments in addition to the banking system in Iraq in a desperate situation and this has exacerbated the problem and held more “.anthy 1
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Parliament will hold an extraordinary meeting during Ramadan to complete the reshuffle and discuss other crises
Guessed decision House Deputy Imad yokhna special meeting during Ramadan, noting that this meeting be for reshuffle and discuss the situation in the country.Yokhna said that the meetings and dialogues between political blocs continues on political and security developments in the country,
Adding that the hearing will be for the purpose of the reshuffle and therefore be attended by lawmakers, including members of the Liberal bloc, noting that this meeting will be devoted to discuss the situation in the country, yokhna said that the meeting would be held after the decision of the Federal Court and enter the reform bloc, adding that after the decision of the Court can hold several extraordinary meetings to discuss specific topics.
BGG: So Jubouri wasn’t kidding – they will work during Ramadan – “Extraordinary session” – to get the reshuffle finished and work thru whatever decision the Fed Court hands down.
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“for Dinar News – that MATTERS!!”
from 5/23 –
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rcookie (Dinar Guru) – …IN SPITE OF ALL REPORTS CONFIRMING KURDS SHARE OF LOANS AT 17% PER 2016 BUDGET LAW CONSTITUTION…THE WB STEADFAST ABOUT KURD COMMITMENT TO DELIVERING THEIR OIL SHARE DUES…ELIMINATING STAFF REDUNDANCY AND MAKING THE SAME BUDGET CUT MANDATES THE GOI HAS ALREADY DONE…AND WILL COMPLETE FURTHER IN ORDER TO RECEIVE THE SBA LOANS…BIG SHOCK KURDS…NO MORE COOKING THE BOOKS AND GAME PLAYING…THERE ARE MANY INT’L PANELS OF AUDITORS THERE OVERSEEING…AND THE BANKING OVERSIGHT & REGULATION WILL GET EVEN TIGHTER NOW THAT CBI WILL BE IN ERBIL AND OVERSEEING ALL BANKING SECTOR…NO MORE 14 SEPARATE BANKS THEY CAN FUNNEL THEIR OIL SALES THROUGH TO HIDE…TRANSPARENCY…ACCOUNTABILITY….AND THE UST IS THERE AS A BACKDROP…AND THAT ALL STEMS FROM THE WB AUDIT AND REVIEW BACK IN NOVEMBER WHERE THE WB REP CAME OUT AND SPANKED KURDS SAYING THEY NEEDED TO GET THEIR FINANCIAL & ECONOMIC HOUSE IN ORDER…
Read More: http://www.dinarupdates.com/observer/
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Issuance of the Federal Court decision on the two sessions of the parliament next Wednesday
Information / BAGHDAD / ..It suggested the MP for the rule of law and a member of the parliamentary legal committee Ibtisam al-Hilali, Sunday, the release of the Federal Court decision on the two sessions of Parliament next Wednesday.
She said Hilali told / information /, “The House of Representatives rejected the principle of a political settlement, and they await the Federal Court decision, which we expect to be on our side (the front of the protesters),” she said, “not to attend the Front parliamentary sessions until after the court’s decision.”
Hilali and suggested a “declaration of the Federal Court decision on the different sessions of Parliament on them next Wednesday,” pointing out that “some MPs from other blocks from all sides have the desire Login with reform front soon.”
The Federal Supreme Court has postponed at its last Sunday considering the grounds of appeal submitted Bgelsta the House of Representatives to the eighth month of June current. Finished / 25 El
Almaalomah.info
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Poppy3 (Dinar Guru) – just off phone and report… in iraq flag now flying over mosul. IT WAS REPORTED ABADI RAN IT UP HIMSELF AND THE REPORT IS THEY HAVE CONTROL. WE KNOW THERE WILL STILL BE MORE FIGHTING IN AREAS BUT THEY HAVE TAKEN ALL FOUR AREAS OF THE TOWN. GLORY THEY ARE IN CONTROL. I CONTINUE TO PRAY THE PEOPLE OF IRAQ GET WHAT THEY NEED IF SO WE WILL HAVE OURS…THEY ARE MOVING FORWARD FOR YOU AND ME.
Read More: http://www.dinarupdates.com/observer/
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Iraq received the first payment of the loan and the parliamentary financial implementation under Basra
Special balance news – Financial Committee, said Saturday that Iraq will receive $ 800 million dollars as the first batch of International Monetary Fund loan.
The Committee Member said Sirhan Ahmed/the balance of news, that “Iraq will receive $ 800 million dollars as the first batch of IMF loan, over the next few days.”
Ahmed added that “this amount will be allocated to supporting the 2016 budget exclusively,” by saying “there is no truth to reports that talked about under Basra, that this place is a disgrace.”
It is said that the IMF and the World Bank and international partners agreed on 19 may 2016, Iraq grants a loan of $ 15 billion and 1.5%. And that News International Monetary deliberated conditioned on Iraq Basra mortgage for loan grant.
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firefly (Dinar Guru) – Article quote: “The agreement with the IMF should unlock a total of $18 billion in international assistance over three years, said Zebari, citing the World Bank and the Group of Seven leading industrialized nations among other donors.” IMO Iraq is renegotiating concessions, and payments to help them push this currency shift ahead.
Read More: http://www.dinarupdates.com/observer/
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Iraqi banks association with representatives of the u.s. Treasury Iraqi banks updates
Iraqi private banks Association discussed with a team of u.s. Treasury akhralmstgdat belonging to the banking sector in Iraq, and Iraqi private banks Association representatives provided a comprehensive overview of development banking constraints and delimiters facing private banks, as referring to the Association’s efforts to develop efficient banking sector particularly in combating money laundering and financing of terrorism, through training of workers in this sector in cooperation with the Foundation for global ACAMS.
The us Treasury representatives referred to the decision of the Central Bank regarding stop 300 banking company for the purpose of subjecting them to scrutiny by the Central Bank’s standards, but it’s also the representatives of the u.s. Treasury support for CBI plans for development the sector and banking llmaaiiraldolih in combating money laundering and terrorist financing.
Developing the sector has also been addressed and should overcome to take a real course.
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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
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Iraq PM Abadi urges lawmakers to stop squabbling, rally behind army
Iraq’s Prime Minister Haider al-Abadi (front 2nd L) walks during his visit to an Iraqi army base in Camp Tariq near Falluja, Iraq, June 1, 2016. REUTERS/ALAA AL-MARJANI
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Iraqi Prime Minister Haider al-Abadi has appealed to politicians to “freeze” their wrangling over his anti-corruption reforms and unite behind the army as it battles Islamic State in Falluja, near Baghdad.
Abadi has been grappling with a political crisis since February and has been unable to rally the main blocs in parliament to back an anti-corruption plan that includes a cabinet reshuffle.
He ordered the offensive on Falluja on May 22, after the political crisis degenerated into deadly street violence in and near to Baghdad’s heavily fortified Green Zone, and a series of bombings, claimed by Islamic State, hit Shi’ite districts of the city.
“I appeal (to the politicians) to freeze all differences until the land is freed,” he said on state TV late on Wednesday during a visit to the army’s frontline near Falluja, 50 kilometers (32 miles) west of Baghdad.
“Daesh is the ultimate corruption and whoever prevents us from fighting Daesh is corrupt,” he added, referring to the ultra-hardline Sunni group by one of its Arabic acronyms.
Since the offensive on Fallujah began, there have been no attempts by demonstrators to storm the Green Zone, which houses the Iraqi parliament, government offices and embassies.
Protesters, including followers of powerful Shi’ite cleric Moqtada al-Sadr, had previously stormed the Green Zone twice to press for reforms, on April 30 and May 20.
Abadi pledged last December that 2016 would be the year of “final victory” against the militants, predicting the capture of their de-facto capital Mosul in northern Iraq.
Falluja is the second largest Iraqi city after Mosul to remain under Islamic State control. It is the first Iraqi city that the group captured, in January 2014.
It is a historic bastion of the insurgency against both the U.S. occupation of Iraq and the Shi’ite-led authorities who took over after the overthrow of Saddam Hussein, who was a Sunni.
Reuters.com
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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 | 1318.403 | 1317.744 |
| British pound | GBP | 1703.026 | 1702.174 |
| Canadian dollar | CAD | 912.882 | 912.426 |
| Swiss franc | CHF | 1191.773 | 1191.177 |
| Swedish krona | SEK | 142.120 | 142.049 |
| Norwegian krone | NOK | 141.989 | 141.918 |
| Danish krone | DKK | 177.249 | 177.160 |
| Japanese yen | JPY | 10.848 | 10.843 |
| Special Drawing Rights |
SDR | 1657.436 | 1656.607 |