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) 07-28-16
Currency Auctions Announcement No. 3247
This daily currency auction was held in the Central Bank of Iraq on the 07-28-2016
The results were as follows:
| DETAILS | NOTES |
| Number of banks | 30 |
| Number of remittance companies | 17 |
| Auction price selling dinar / US$ | 1182 |
| Auction price buying dinar / US$ | —– |
| Amount sold at auction price (US$) | 140,261,784 |
| Amount purchased at Auction price (US$) | —– |
| Total offers for buying (US$) | 140,261,784 |
| Total offers for selling (US$) | —– |
More: http://dinarupdates.com/observer/
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If we make peaceful revolution impossible, we make violent revolution inevitable. – John F. Kennedy
*** Current News ***
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RCookie NEWS Recap
(from) WEDNESDAY JULY 27TH, 2016
GENERAL
UN JAN KUBIS STATES THE PRIORITY FOR KURDISTAN NEEDS TO BE WAR ON ISIS AND NOT INDEPENDENCE…JAFAARI THANKS KUWAIT FOR ITS CONSISTENT SUPPORT ON ISIS AND DISPLACED SUPPORT AND POSTPONEMENT OF DEBT…JUDICIARY ANNOUNCE RELEASE OF 10,791 WITH SUSPENDED SENTENCES AND FOUND NOT GUILTY WITH 1608 CHARGED WITH TERRORISM…MALIKI CALLS FOR INTEGRITY TO RESTORE STOLEN PUBLIC MONEY AND DISRUPT & DISMANTLE ECONOMIC BODIES SET UP BY CORRUPT..…MINISTRY OF HEALTH & ENVIRONMENT AGREE TO ACTIVATE JOINT COOPERATION WITH JAPAN THROUGH JICA FOR INDUSTRY AND SERVICE ACTIVITIES…DISPLACEMENT & MIGRATION MINISTER ASSERTS MORE THAN 1 MILLION DISPLACED HAVE RETURNED TO THEIR HOMES SINCE BEGINNING OF ISIS OCCUPATION…PLANNING REVEALS 850,00 WIDOWS AND 600,00 ORPHANS ON LATEST 2016 STATISTICS…IRAQ & UNESCO DISCUSS SCIENTIFIC & HUMANITARIAN CURRICULUM DEVELOPMENT TEACHERS PROFESSIONAL TRAINING…IRAN CUTS ELECTRICITY SUPPLY TO IRAQ NATIONAL GRID TO 2 PLANTS TOTALING 800 MW WITHOUT WARNING DUE TO SELF PRESERVATION MECHANISM SYSTEM…JAFARI REQUESTS JORDAN EXPEDITE & FACILITATE PROCESSING VISAS FOR IRAQIS…JABOURI MEETS WITH NEW ZEALAND AMBASSADOR TO THANK FOR ONGOING SUPPORT AND INCREASE FUTURE BILATERAL TIES…ABADI OFFICE DECLARES SOME CATEGORIES OF INCOME TAX STILL UNDER DISCUSSION…ZEBARI MEETS WITH US & JAPANESE AMBASSADORS TO DISCUSS CONTINUED SUPPORT AWAY FROM DONORS CONFERENCE…
BUSINESS/ECONOMY/INVESTMENT
AUCTION SALES FLAT AT $154 MILLION…TRANSPORT MINISTER ABTAN ANNOUNCES MINISTRY READY TO OPEN THE DOOR TO INVESTMENT FOR THE PORT OF FAW PROJECT WITH 14 RESPONANTS FROM INT’L COMPANIES INVITED…GOLD RISES TO 217,000 IQD TO THE WEIGHT…BASRA GOVERNOR NASRAOUI ASSERTS PORT OF FAW WILL YIELD 10 TIMES VOLUME OF EXISTING 5 PORTS AND A 3RD PORT TO SERVICE WITH SAUDI ARABIA TO OPEN SOON…MINISTRY OF COMMERCE AND WORLD BANK APPROVE DRAFT MECHANISM OF ELECTRONIC SYSTEM OF DEPARTMENT OF REGISTRARS COMPANIES…HEAD OF ECONOMIC & INVESTMENT CMMISSION BOLANI CALLS FOR PARL TO FORM COMMITTEE FOR SPEED UP THE OMPLETION OF PORT OF FAW…BAGHDAD INVESTMENT INTENDS TO INTRODUCE 33 NEW PRIVATE SECTOR PROJECTS TO LOCAL & FOREIGN BUSINESS WORTH OVER $ 1BILLION USD IN EARLY AUGUST…ISX RISES 0.94% TO CLOSE 560.35 UP 5.24 POINTS AFTER 2 DAYS IN DECLINE…ZEBARI MEETS WITH MINISTER OF PLANNING AND CBI GOVERNOR ALAK AND PM ECONOMIC ADVISOR SALEH TO DISCUSS MAXIMIZING FINANCIAL RESOURCES OF STATE TO MOVE IRAQI ECONOMY & SERVICES TO CITIZENS PERTAINING TO ENERGY PROJECTS AND HOUSING FOR THE DISPLACED AND AWAY FROM FINANCIAL & ADMIN CORRUPTION…ELECTRICITY MINISTER QASIM MEETS WITH CROATION AMBASSADOR URICH TO DISCUSS PROMOTE COOPERATION TO DEVELOP ELECTIC ENERGY COOPERATION PROJECTS…OIL DOWN TO 3 MONTH LOW AT $44.38 OPEC BASKET TO $40.62…JAFAARI AND JORDAN AMBASSADOR ANANI TO ACCELERATE OPENING OF TREBIL BORDER CROSSING…RASHEED & RAFIDAIN SIGN CONTRACT WITH ERNST YOUNG AS CONSULTANT FOR APPLICATION OF UNIVERSAL BANKING SYSTEM TO BE APPLIED IN THE 2 BANKS INCLUDING PROMOTING FINANCING & INVESTMENT ACTIVITIES IN AGRICULTURAL & INDUSTRIAL SECTORS & TO BE COMPLETED WITHIN 125 DAYS UNDER AUSPICE OF MOF…
PARLIAMENT
LEGAL COMMITTEE STATES “WE WILL REMOVE THE MATERIAL PRIVILEGES” FROM PARLIAMENT ACT AND DID NOT SEND TO COM…SADR CALING FOR ALL CURRENT & FORMER MEMBERS OF LIBERAL BLOC TO BE REFERED TO INTEGRITY COMMISSION…PARLIAMENT SOURCE CONFIRMS THE REPLACEMENT OF ALL COMMITTEE HEADS AWAY FROM QUOTAS OR SECTARIAN…STATE OF LAW CONFIRMS ABADI WILL RESOLVE 7 MINISTERS DURING EID AL-ADHA…FRONT REFORM STATES THEY WILL NOT AGREE ON POLITICAL PARTY CANDIDATES FO VACANT POSTS…CABINET IN CONJUCTION WITH MOF & CBI APPROVED PAYMENT OF SALARIES AND DUES FOR PEASANTS & FARMERS IN CASH RATHER THAN BONDS…PARLIAMENTARY FINANCE PLANS TO CANCEL PRIVATE BANKS IN CBI MOVE TO MONITOR AND EVALUATE THEIR PERFORMANCE AND LACK OF INVOLVEMENT TO FACILITATE AND GROW PRIVATE SECTOR BUT RATHER MAIN FUNCTION BEING CURRENCY AUCTION WINDOW WHICH NOT CORE ACTIVITY BUT SECONDARY AND NOT ACTIVATE PRIVATE SECTOR SME LOANS…MP DEPUTY TURAN CALLS FOR PARLIAMENT TO REJECT THE LAW AND RETURN OF LAND SEIZED BY PREVIOUS GOVERNMENT FROM CITIZENS THROUGH SPECIALTY COURTS IN PROVINCE OF KIRKUK GROUNDS UNCONSTITUTIONAL…EMERGENCY SESSION HELD TODAY TO SELECT COMMITTEE HEADS WHICH TO BE SUPLEMENTED WITH BI-ANNUAL ELECTIONS IN FRONT OF 180 DEPUTIES…PARL LEGAL ISSUES REASON BEHIND DELAY IN VOTE ON IMPORTANT BILLS AS LACK OF CONSENSUS BETWEEN POLITICAL BLOCS & MOST HAVING HAD 1ST READING AND AMENDING AND DESIRE TO EOLVE IN CURRENT LEGISLATIVE TERM..…JABOURI CONFIRMS PARLIAMENT INTENTION TO MAINTAIN DEMOCRATIC STRUCTURE AND ITS INSTITUTIONS…JUSTICE MINISTER TO BE ADDED TO PARL LEGAL COMMITTEE AS PANEL TO QUESTION MOD OBEIDI IN COMING DAYS…
SECURITY
ISLAMIC SUPREME COUNCIL LEADER HAKIM STATES THE BATTLE OF MOSUL WILL COMPLETELY BREAK THE BACKS OF ISIS AND MILITARY TERRORISM…INTERNATIONAL COALITION CONDUCTS 22 SORTIES ON IRAQ & SYRIA…KARBALA DIGGING SECURITY TRENCH 70 KM LONG ON IRS WESTERN BORDER…MINISTER OF PESHMERGA ANNOUNCES “OUR TROOPS WILL WITHDRAW FROM CITY OF MOSUL JUST AFTER THE LIBERATION…DEFENSE MINISTRY INVITES COLLEGE GRADUATES TO JOIN MILITARY WITH THE RANK OF LIEUTENANT…ISF AVIATION DEAL FATAL BLOW TO ISIS ELEMENTS AND PRESENCE IN KHALADILYA ISLAND KILLING DOZENS OF ISIS ELEMENTS AND DESTROYING HEADQUARTERS AND NUMEROUS BOOBY TRAPPED WHEELS…JABOURI CALLS FOR IMMEDIATE ACTIVATION OF PLANS TO CARE FOR THE NEWLY DISPLACED…US FORCES HELP ISF BUILD A BRIDGE OVER TIGRIS RIVER IN KEY STRATEGIC INITIATIVE FOR MOSUL LIBERATION BATTLE…GARVER STATES DISCOVERY OF “TREASURE TROVE” OF VALUABLE PAPERS AND DOCUMENTS REVEALING ISIS INTERNAL DATA IN SYRIAN TOWN MANJEB…
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wmawhite (Dinar Guru) – [Speaking of supply and demand what is happening to the dinar notes once exchanged for $ ?] first…remember, are you planning on exchanging in Iraq? Of course not…because you will not get the USD…so you will exchange outside of Iraq? Correct? so those IQD notes will be outside of Iraq the CBI will not see them… They become assets of…the US…Canada…UK…France, etc. Remember… banks… central banks…hold foreign currency reserves…they are assets.
Read More: http://www.dinarupdates.com/observer/
Maliki a “Corrupt Dictator”: MEP
BRUSSELS — Struan Stevenson, the President of the European Parliament’s Delegation for Relations with Iraq, described the former Iraqi PM Nouri al-Maliki as “a corrupt dictator” who led the country into a civil war.
Stevenson revealed some facts about the former Iraqi PM and how the Iraqi Shi’ite-led government waged sectarian war on Sunni citizens in the country as well as the level of Iran’s interference in Iraq. He said, ”Five years ago when I was elected as the chair of the delegation for relations with Iraq in this house [EU parliament] to cement good relations between the European Parliament and Iraq, to build a good sympathetic relationship, within a very few weeks I exposed the fact that Nouri al-Maliki is a corrupt dictator,” he said.
Stevenson explained that he was told by many people in Brussels to shut up because Iran, the US and the UK insisted on the fraudulent re-election of Nouri al-Maliki; ”But I refused to shut up.”
Maliki later accused him of being an enemy of Iraq and a liar in a press statement, but “he (Maliki) then sent an envoy from Baghdad to my office in the European Parliament to ask me what it would take to make me shut up and I said what it would take will be your resignation and your indictment for crimes against humanity”, Stevenson said.
In 2010, Maliki lost election to Ayad al-Allawi by two seats, but Iran did not allow Allawi to become the Iraqi PM since he was frequently criticizing Iran’s interference in Iraq’s affairs.
The US and the UK also supported Maliki to form a coalition and take the office, Stevenson revealed. “That was a short term mistake and it was a tragedy for Iraq and the whole region,” he argued.
Stevenson said that the new Iraqi PM Haidar al-Abadi has admitted that “there are over 1 million armed Shi’ite militia active in Iraq, which are backed, financed and led by the Quds force from Iran waging sectarian war on the Sunni population and then the world asks why is the Sunni tribes members in Anbar and Diyala are not standing up and fighting alongside the Iraqi army to get rid of ISIS?”.
“Because the Sunni people think that the Shi’ite militias are worse than ISIS” Stevenson believes.
“If we are serious about ridding the world of ISIS and if we are serious about encouraging the Sunnis in Iraq to join force with the Iraqi military and Peshmerga to help oust ISIS, and this is the only practical way that we can fight against ISIS, then we must get rid of the Iranian interference in Iraq,” he argued.
People’s Mojahedin Organization Of Iran (PMOI) has revealed 30,000 names of Iraqi Shi’ites who are working in the army, intelligence services, and in the administration of Iraq who have been trained and are being paid a weekly wage by Iran, said the EU official.
Read More: http://www.basnews.com/index.php/en/news/iraq/289976
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Iraq: negotiations complete reshuffle kicks off today (WOW – short “Flashback”)…
Embarked on Iraqi Prime Minister Haider al – Abadi, first steps toward a cabinet reshuffle again, after it was approved, the first on Tuesday, on the resignation of six ministers from his cabinet , most of them belonging to the National Alliance
The Iraqi sources had confirmed for “new Arab”, the Abadi plans to reshuffle includes a number of ministers in his government and heads of independent institutions, such as the Central Bank and the Council of the Judiciary and the Electoral Commission.
BGG – (Since I NEVER do that – PAY ATTENTION…)
According to information obtained “new Arab” from high-level sources, it is scheduled to be held Abadi, on Thursday evening, the first direct meeting between him and a number of leaders of political blocs to discuss the new cabinet reshuffle after accepting the resignation of six ministers from the government his booth considered as came upon prior agreement with the bloc to which he belongs resigned ministers.
The statement issued by the Prime Minister’s Office, on Tuesday evening, has made it clear that the ministers are all from Oil Minister Adel Abdul-Mahdi, and Transport Minister Bayan, and the Minister of Construction and Housing Tariq Kikhany, Minister of Water Resources Mohsen al-Shammari, and Minister of Industry Mohammed Darraji, as well as Minister Interior Mohammad Al Ghabban.
It is noted that the six ministers are all from the ruling National Alliance blocks of the country, divided between the Supreme Council and the Dawa party and the Fadhila and the Badr and the Sadrists.
According to high-level sources within the National Alliance, the prime minister will be held the first joint meeting late today, Thursday, with the leaders of a number of political blocs in order to reach to nominate ministers replacements for the resigned before heading for dialogue with the Sunni bloc and the Kurdish bloc in the same framework agreement.
Abadi and moves cautiously and discreetly great fear of a repeat of the crisis that spread throughout the March / March and April / Monthly forget the past, which resulted in the storming of the Green Zone and the buildings of Parliament and the Council of Ministers and the disruption of their work for more than 40 days. –
In the meantime, a strong current within the National Alliance, led by former Prime Minister Nuri al-Maliki raised the idea of granting Abadi, a time limit to complete his cabinet a vote of confidence or withdraw them completely, according to the same sources confirmed.
And draws to sources Abadi task will not be easy within the National Alliance because of problems with the names of the new ministers is any block and the method of their choice in accordance with the electoral benefit or the size of the bloc within the coalition itself
The Supreme Constitutional Court had ruled last month the invalidity of the Iraqi parliament session during which voted to nominate five new ministers and the dismissal of five of the government of al-Abadi.
Also it canceled a hearing that preceded it and which ruled to dismiss the parliament speaker Salim al-Jubouri, which caused a major political crisis in the country .
And it contributed to the court’s decision in the end the crisis, but it also led to torpedo Prime Minister leaves reform that includes the dismissal of ministers and naming others and change the heads of commissions and independent institutions, including the central bank and the Supreme Judicial Council and the Office of Financial Supervision and the Office of the elections, a reformist papers filed by demonstrators civil Baltearan and rib since the beginning of this year and agreed to by al-Abadi.
Amid fears of a new political crisis plaguing the country, especially that crises are being raised with every call for reform and the elimination of corruption, a student member of the Iraqi parliament from the bloc citizen Habib Terminal, Abadi choosing new ministers without anti or shunned the political spectrum that represents the Iraqi people, and wondered about the compatibility accept the resignation of a number of ministers with the current reality.
For his part, a political science professor at Baghdad University, Hassan Alaidani, believes that the ruling National Alliance is suffering from a real split on the back of accepting the resignation of several ministers.
The Alaidani, in an interview with “new Arab”, that the citizen bloc, which had controlled the ministries of oil, transport, and Badr, which was in control of the Interior Ministry, and other blocks, will not accept the decisions of the Abadi accepting the resignation of its ministers easily unless it is to persuade them one way or the other
It warns the government from entering the vacuum cabinet in the event of failure to obtain a parliamentary vote on the new ministers, especially the al-Abadi plans to make a cabinet reshuffle in stages
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rcookie (Dinar Guru) – “Iraqi parliament session: Parliament will vote on three bills discusses another six today” …BUSY…BUSY DAY!!
Read More: http://www.dinarupdates.com/observer/
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Enorrste (Dinar Guru) – Article: “What does it mean to float the currency?” Quote: “Floating exchange rates fluctuate constantly change with each witnessing supply and demand for foreign currency, so it can be changed several times per day.” Although Al Jazeera is not an official government source one must ask what would lead them to publish this on their own. They have no motive on their own. Therefore I would conclude that they were asked to do so. The only people I can imagine that would ask Al Jazeera to do this would be either the CBI or the GOI (most likely the former). That being said…this appears very positive.
Read More: http://www.dinarupdates.com/observer/
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What does it mean to float the currency?
Floating currency is to make the exchange rate of the currency as an editor in full, so that the government does not interfere , or the central bank in the determined directly. But it is automatically excreted in the currency market by supply and demand mechanism that allows for the identification of the national currency exchange rate against foreign currencies.
And fluctuate prices of floating currency exchange constantly change with each witnessing supply and demand for foreign currency, so it can be changed several times per day.
Forms of flotation
Either be floating or purely be directed:
Pure flotation:
are left to determine the exchange rate to market forces and the mechanism of supply and demand in full, and the state refrain from any direct or indirect intervention.
Flotation prompt:
is left to determine the exchange rate to market forces and the mechanism of supply and demand, but the state intervenes (via the central bank) as needed in order to guide the exchange rates in certain directions by influencing the size of the offer or demand for foreign currencies.
Supporters of flotation
For as long as theorists monetary school defended in economics ( Milton Friedman model) for floating currencies, claiming that the liberalization of exchange rates will make it reflect the economic fundamentals of the various countries (growth, trade balance, inflation , interest rates), and will lead it thus to restore the balance of relations and business accounts of current transactions continuously and automatically.
And they see these economists, like the neoclassical trend in the economy, that the liberation of all prices -osar goods and services, interest rates, labor prices (wages), foreign exchange rates (exchange rates) – and leave the identified markets without any interference or direction from the state, always ensures access to state of balance.
This stems from the belief in blind efficient markets, despite the fact that economic reality has proved more than once that the markets in the absence of oversight and control lead to disaster ( the mortgage crisis real estate in the United States model).
And justify those convinced the currency float , saying that any trade deficit will lead to an intense demand for foreign currency, which will lead to devaluation of national currency against foreign currencies, and thus to enhance the competitiveness of the country concerned.
This sponsor, they say, increase exports and reduce imports, Viatdl so the trade deficit is due to a state of balance. The same logic works in reverse direction if there is a trade surplus.
Supporters of the flotation was welcomed very much the adoption of major economies in the world to systems of floating exchange rates (flexible), after the collapse of the Bretton Woods agreement in the seventies of the last century, which had been laid down by the International Monetary system based on fixed exchange rates (but adjustable) between currencies.
Context switching
Bretton Woods system cracked in the summer of 1971 after the United States formally reneged on its commitment to transfer all traded in dollars to the world’s gold, according to the price specified by the Convention in 1944 (US $ 35 each equivalent ounces of gold.
Nhart the value of the dollar for gold did greenback -gar gold – backed and controlled exclusively for the accounts is monetary policy the US without any regard for the interests of the rest of the world an international standard has the confidence of everyone.
Maintaining a fixed exchange rate against the dollar also has become extremely difficult for many of the economic powers in the world, the latter began to adopt a floating exchange rate system under which left free to determine the value of the foreign exchange market based on supply and demand law.
Disappointment
After several decades of the adoption of a floating exchange rate systems and disseminated to a large number of countries around the world (including developing countries), the currency was floated promises rebalancing has been done to the trade balances of the world, the hopes of his supporters did not materialize.
Artificially low exchange current moved far from the supposed level that leads to a balance, and the biggest proof of that is the size of global imbalances (Global Imbalances), which reached record levels and still are resistant to treatment.
The United States and some European countries as well as many developing countries known as the case of a structural trade deficit for several decades, and in return you know China , Germany , Japan and oil – exporting countries trade surplus structurally.
Instead of floating currencies that ensures a rebalancing of international trade relations, the world knew the case of monetary instability due to the continuing exchange rates and fluctuations big change, which is sometimes subject to any rational logic because of the psychological factors that frame the movement of global speculators.
Read More: http://www.dinarupdates.com/showthread.php?37660-What-does-it-mean-to-float-the-currency-7-25
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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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RCookie NEWS Recap
(from) MONDAY JULY 25TH, 2016
PARLIAMENT
SUPREME JUDICIAL COUNCIL AND JABOURI REVIEWING CASE PRECEDENTS CONCERNING LIFTING OF IMMUNITY OF MPS UNDER COURT ORDER 101 (2014) ARTICLE 434 OF PENAL CODE FOR MP ALI…HOR AGENDA MEET TOMORROW TO VOTE ON DRAFT LAW ABOLITION OF MINISTRIES, UNIVERSTIES COLLEGES LAW AND 1ST READING ACCESSION TO INT’L INSTITUTE UNIFICATION OF PRIVATE LAW (UNIDROIT)…PARLIAMENT WILL SUBMIT FINAL REPORT ON KARRADA BOMBING IN NEXT 2 DAYS…JABOURI ASSERTS NEED FOR BADR SECRETARY GENERAL AMERI TO STABILIZE SECURITY & POLITICAL SITUATION IN DIYALA ENGAGE CITIZENS & CALL FOR EMERGENCY PARL SESSION IN PRESENCE ABADI…FRONT REFORM CRITICIZE REDUCE PROFESSORS PENSIONS BY HALF WITH MALIKI ALSO CONDEMING…MP NAIELI ANNOUNCES ABADI WILL PRESENT CABINET RESHUFFLE SEVEN NAMES TO PARLIAMENT NEXT WEEK…ALLAWI NATIONAL ALLIANCE COALITION NOMINATE JANABI AND SHAMMARI FOR PANEL TO AMEND CONSTITUTION,…PARLIAMENT SECURITY SURPRISED LACK OF ACCOUNTABILITY INVOLVED IN ARMAMENT CONTRACTS AND FALL OF MOSUL…MP MILKFISH AVOW DEPT OF MINISTRIES ACTING IN NON CONSTITUTIONAL MANNER IN PROXY APPOINTMENTS…JABOURI ISSUES STATEMENT THAT PARLIAMENT READY TO ENACT LAWS FOR THE EMERGING INDUSTRIAL SECTOR SUCH AS MICROCREDIT PROGRAM TO ADVANCE THE NATIONAL ECONOMY AND PRIVATE SECTOR…
GENERAL
BARZANI STATES NEED TO REDEFINE BORDERS OF KURDISTAN REGION AFTER ELIMINATION OF ISIS IN ALL AREAS…MASSUD APOLOGIZES FOR NOT PERSONALLY ATTENDING ARAB SUMMIT MAURITANIA TODAY & TOMORROW EMERGENCY REASONS JAFAARI WENT INSTEAD…ANBAR GOVERNOR STATES EXCITEMENT ON RECEIVING HIGH CAPACITY ELECTRIC GENERATORS FOR LIBERATED AREAS…IRAQIS ANGRY AT HOR TO CANCEL GRANT MATERIAL PRIVILEGES ALLOWANCES INCLUDING 12 YEAR DIPLOMATIC PASSPORTS FOR MEMBERS AND 8 YEARS FOR FAMILIES AFTER LEGISLATIVE SESSION AS WELL AS SOCIAL & SECURITY SUPPLIES BEING MET WITH RANCOR AMIDST ECONOMIC CONDITIONS …JAFAARI STATES AT NOUAKCHOTT MAURITANIA ARAB SUMMIT “IRAQ MOVING STEADILY TOWARD STABILITY”…MINISTRY OF HEALTH IN KURDISTAN REGION CALLING FOR DESPEATE INCREASE IN MEDICINES FOR LIBERATION OF MOSUL OPERATIONS DISPLACED…PM OF SCOTLAND ASSERTS READINESS FOR REFERENDUM OF INDEPENDENCE FROM BRITAIN…ISIS GOES GLOBAL WITH 125 ATTACKS IN 27 COUNTRIES….ABADI ISSUES STATEMENT INSISTING IRAQIS AND RED CROSS DOUBLING EFFORTS IN MOSUL LIBERATION STAGE AND SUPPORT OF DISPLACED AHEAD…MINISTER OF EDUCATION ANNOUNCE THE LAUNCH OF 842 JOBS TO MEET SHORTFALL IN QADISIYAH PROVINCE…RAFIDAIN BANK ACCELERATES AVAILABILITY AND ACCESS TO LOANS FOR KARRADA BOMBING VICTIMS…JAFAARI STATES RESULTS FROM DONORS CONFERENE WILL BE SPENT ON THE RECONSTRUCTION OF INFRASTRUCTURE IN LIBERATED AREAS…MINISTRY OF COMMERCE ANNOUNCE COMPLETE PREPARATIONS FOR 43RD ANNUAL BAGHDAD INT’L FAIR IRAQI EXHIBTION BUSINESS SERVICES TO BE HELD NOVEMBER 1ST…
SECURITY
PESHMERGA DEFEND ROLE IN BATTLE OF MOSUL OUTSIDE THE SCOPE OF TUTELGE OF BAGHDAD AND WANT TO PARTICIPATE ON OUTSKIRTS EVEN IF NOT PENETRATE THE CENTER AFTER 2 YEARS AND APPLICATION OF ARTICLE 140 AFTER FULL LIBERATION STAGES COMPLETED…48 IRAQIS KILLED IN KHALIS SUICIDE BOMBING ATTACK…MAGOURK RESTATES STRATEGIC IMPORTANCE OF QAYYARAH BASE TOEARD MOSUL LIBERATION OPERATION…FRANCE DELIVERING LOAD OF SOPHISTICATED WEAPONRY TO IRAQ TO SUPPORT WAR ON ISIS…PARL SECURITY REVIEW SHOWING LETTER “M” ON HOUSES & BUILDINGS IN MOSUL CAUSING DISTRESS FOR ISIS ELEMENTS…DOZENS OF ISIS ELEMENTS KILLED IN AERIAL ATTACK IN EASTERN RAMADI…70% HAWIJA SOUTH OF KIRKUK TERRITORY EDITED FROM ISIS OCCUPATION…WORLD HERITAGE ORGANIZATION CALLS FOR INCREASED & STRENGTHENED SECURITY IN DHI QAR MARSHES…28 ISIS ELEMNTS KILLED IN ISF BOMBING IN SOUTHERN MOSUL…PENTAGON DENIES REPORT OF ISIS SHOOTING DOWN OF US WARPLANE AND KILLING OF CREW IN ASAD BASE WESTERN IRAQ…
INVESTMENT/ECONOMY/BUSINESS
ASST OIL & GAS MINISTER REZA ANNOUNCESIRAQS GAS PRODUCTION WILL DOUBLE TO 1.2 BILLION CUBIC METERS AND 5,00 TONS PER DAY OF LIQUID GAS… JAPANESE ANNOUNCE LOAN OF $2.1 BILLION FOR DEVELOPMENT & REHABILITATION OF BASRA REFINERY 2% INTEREST OVER 20 YEARS NOT PART OF JICA…DHI QAR PURSUING ACCELERATED COMPLETION OF NASIRIYAH AIRPORT SINCE UNESCO WORLD HERITAGE INCLUSION…CBI ANNOUNCES AUCTION SALES OF $17 BILLION SINCE START OF 2016 DOWN $3 BILLION FROM 2015…ISX PUBLISHES GRATITUDE LETTERS FOR INT’L EXPERT PANEL MEMBERS INCLUDING SEC FOR PARTICIPATION IN WEEKEND WORKSHOP…SALEH MAKES STATEMENT THAT IRAQS ECONOMY IS STEADILY AND GRADUALLY RECOVERING FROM CRISIS IN 1ST HALF OF 2016 & ABADIS COMMITMENT TO SUSTAIN MOMENTUM AFTER SURVIVNG MOST CRITICAL STAGE…MINISTRY OF COMMERCE & TRADE ANNOUNCE 197 NATIONAL COMPANIES AND 9 FOREIGN COMPANIES 32 JOINT STOCK COMPANIES IN JUNE WITH DEPT OF REGISTRARS WHILE 279 REFERRED TO INVESTIGATING JUDGE FOR VIOLATING GUIDELINES AND INSTRUCTIONS…IRAQ EXPORTS 95.3 MILLION BARRELS OF CRUDE OIL TO 31 COUNTRIES IN JUNE…IRAQI DELEGATION TO TEHRAN NEXT WEEK TO DISCUSS GAS EXPORT PRICING…MAYSAN COUNCIL PRESENTS LIST OF UNFINISHED PROJECTS HELD SINCE 2012…GOLD AT 216,000 IQD PER WEIGHT…OIL FALLS TO 2 MONTH LOW AT $45.65…CBI ALLOCATES 1 TRILLION IQD FOR YOUTH & ALUMNI LOAN PROGRAMS TO ATTACK UNEMPLOYMENT & ACTIVATE PRIVATE SECTOR…MINISTRY OF TRADE NEGOTIATING WITH UKRANIAN COMPANIES FOR IMPORT OF REBAR FOR CONSTRUCTION NEEDS….
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| CURRENCY | CODE | SELL | BUY |
| US dollar | USD | 1182.000 | 1180.000 |
| Euro | EUR | 1299.136 | 1298.487 |
| British pound | GBP | 1548.538 | 1547.764 |
| Canadian dollar | CAD | 894.100 | 893.653 |
| Swiss franc | CHF | 1189.494 | 1188.899 |
| Swedish krona | SEK | 136.501 | 136.432 |
| Norwegian krone | NOK | 137.639 | 137.570 |
| Danish krone | DKK | 174.635 | 174.548 |
| Japanese yen | JPY | 11.241 | 11.235 |
| Special Drawing Rights |
SDR | 1637.235 | 1636.417 |