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…
Mrs. BGG
Iraqi Dinar/Dollar auction (most recent listing) 08-03-16
Currency Auctions Announcement No. 3249
This daily currency auction was held in the Central Bank of Iraq on the 08-01-2016
The results were as follows:
| DETAILS | NOTES |
| Number of banks | 19 |
| Number of remittance companies | 0 |
| Auction price selling dinar / US$ | 1182 |
| Auction price buying dinar / US$ | —– |
| Amount sold at auction price (US$) | 24,188,000 |
| Amount purchased at Auction price (US$) | —– |
| Total offers for buying (US$) | 24,188,000 |
| Total offers for selling (US$) | —– |
Currency Auctions Announcement No. 3250
This daily currency auction was held in the Central Bank of Iraq on the 08-02-2016
The results were as follows:
| DETAILS | NOTES |
| Number of banks | 32 |
| Number of remittance companies | 16 |
| Auction price selling dinar / US$ | 1182 |
| Auction price buying dinar / US$ | —– |
| Amount sold at auction price (US$) | 135,343,529 |
| Amount purchased at Auction price (US$) | —– |
| Total offers for buying (US$) | 135,343,529 |
| Total offers for selling (US$) | —– |
More: http://dinarupdates.com/observer/
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Kaperoni (Dinar Guru) – Article: “The central bank reveals the date of launch electronic currency” I don’t want to get people overly excited but this is very good news. The CBI has always stated that one of the reasons for deleting the zeros was to get rid of the zeros because it makes it difficult in calculations and errors can occur. I cannot see the CBI going to electronic dinar without removing the zeros first. Otherwise, it seems that they would only be creating a bigger issue than they already have. Keep fingers crossed.
Read More: http://www.dinarupdates.com/observer/
E-Currency
Yasser incumbent – Received a seminar « the introduction of the electronic currency trading and cash deal» the economic importance of direct and semantic interest group of business and finance experts and economists and interacted with the event organized by the progress of policy development institute and as usual in the selection of sensitive topics related to seek the requirements of economic reform efforts by the Central Bank of Iraq on the path of preparation to announce the date of implementation of this advanced program in the world for the daily market transactions where the Governor of the Central Bank announced the date of the implementation of the program during 2017.
Central Bank for its part in full readiness, what the expected challenges facing this ambitious program?
perhaps it is useful to note that the success of implementation depends on the arms of the main in Alo’hai banks and financial companies implementation, how many are willing Central subsidy to the success of his ambition?
eight this exact system which envisaged the central bank in dealing with the risks of relying on international companies working advanced international standards, how much time you need beneficiaries of government departments and institutions to respond to and interact with this program should lead to the implementation to the fullest.
as this system has the property of not less important than its predecessors and related leave dealing Balmachi or instruments and carry cash and risks of theft and damage to the large use also allow the citizen Banhaz dealings with all the comfort and pleasure without Reviews and grim Mngsh hustle and the expiration of the time things routine.
This only benefits deserve attention certainly so I said in the vertical Introduction The seminar drew the attention of the elites and specialists, what is required to ensure the success of this program?
Starting to be deepening the culture of dealing electronic currency and the central bank and the ministries the task of civil society organizations of an economic issue, especially the Association of Banks.,
Said the biggest economic task borne by media devices via deepen this culture either pens or Alvdhayah programs and all media outlets believe in the importance of rescuing the economy as well as the lack of adoption of the statements that are trying to put a spoke in the wheel except that there is no possibility of implementation thanks to the efforts of the good.
Read More: http://www.dinarupdates.com/showthread.php?38173-E-Currency-8-3
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Abadi Office describes the accusations as serious Defense Minister
(Voice of Iraq) – Baghdad – Description Office of the Prime Minister Haider al – Abadi, accused Defense Minister Khaled al – Obeidi, corruption to Parliament Speaker Salim al – Jubouri , and a number of MPs and officials to “serious.”
A spokesman for the office , Saad al – Hadithi, in a televised statement, this evening , “there are fears the charges and is dangerous , ” noting that “investigative boards will characterize the validity of these accusations with evidence and clues.”
He pointed out, ” The law provides for raising the legal immunity of a deputy accused after the vote on the adjournment , ” stressing ” the law is above all and there is no immunity for anyone , and there is a mechanism to lift the immunity but this is premature and the issue is still the Department of accusation and integrity will in question as directed by the Prime minister. ”
The Prime Minister Haider al – Abadi may face earlier in the Integrity Commission to investigate the allegations raised in the questioning of the Minister of Defence in the House of Representatives hearing today about corrupted files that are to cooperate with the committees to verify the House of Representatives on the subject and not one is above the law . ”
It is said that Defense Minister Khaled al – Obeidi, was accused in the interrogation at the parliament session today Parliament Speaker Salim al – Jubouri and deputies to exercise extortion to pass arming decades around suspicions of corruption worth millions of dollars, while al – Jubouri , strongly denied the accusations and defense minister, describing them Palmsarhh to derail the questioning, declaring at the same time his intention to sue al – Obeidi to these accusations and hauling raised by the Commission on Public integrity to investigate them.
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rcookie (Dinar Guru) – Article: “Dinar on raising the money supply in the size of banks” Quote: “Currency market and called on the central bank to the registration of the Iraqi dinar in the foreign exchange market…” HUGE INFORMATION IN HERE…HUGE! CBI TO REGISTER IRAQI DINAR ON FOREIGN EXCHANGE MARKET! FORM A JOINT STOCK COMPANY FOR THE MANAGEMENT OF ELECTRONIC TRADING & ISSUING SMART CARDSESPECIALLY DUE TO THE SHORTAGE OF CERTAIN NOTES LIKE THE 25K RESULTING FROM SMUGGLING…THEY ARE CITING THE SUCCESSFUL PROGRAM TEMPLATE OF THE KUWAITIS… TOWARD THIS MATTER!
Read More: http://www.dinarupdates.com/observer/
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Kaperoni (Dinar Guru) – Article: “Dinar on raising the money supply in the size of banks” Quote: “…called on the central bank to the registration of the Iraqi dinar in the foreign exchange market,…” Bingo! For those who don’t know…the foreign exchange market is Forex. So they are ask the CBI to list the Dinar on the Forex for trading. Which is exactly what we want…time to float the dinar and let the world market set the value.
Read More: http://www.dinarupdates.com/observer/
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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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RCookie NEWS Recap
(from) MONDAY August 1st, 2016
PARLIAMENT
SECURITY AND INTELLIGENCE COMMITTEE QUESTIONS OBEIDI TODAY IN CLOSED DOOR SESSION….PARL VOTED ON BAATH PARTY LAW, CANDIDATES FOR FEDERAL PUBLIC SERVICES BOARD, LAW OF VICTIMS OF JUSTICE COMPENSATION, DRAFT OF ACCESSION TO AFRICAN EURASIAN WATERFOWL, AND DISCUSS CANCELLATION OF REVOLUTIONARY RESOLUTION COMMAND COUNCIL ACT, TAKE CARE OF MINORS LAW NO.78 AND 1ST DRAFT LAW ANTIQUITIES & WORLD HERITAGE IN FRONT OF 182 DEPUTIES.…JABOURI STATES OBEIDI TIRADE & ACCUSATIONS IN PARLIAMENT SESSION WAS THEATRICS TO AVOID & DISTRACT FROM FURTHER QUESTIONING & ABADI ASSERTS INTENTION TO LAUNCH INTEGRITY INVESTIGATION TO DISPELL ARMS & WEAPONS CONTRACT CORRUPTION FILES WITH JABOURI EVEN OFFERING TO RESIGN AND RESUME SESSION ON TUESDAY THE 9TH…JABOURI THREATENING TO RELEASE FULL VERSION OF AUDIO/VIDEO QUESTIONING OF OBEIDI IN RESPONSE TO OBEIDI ACCUSATIONS TODAY UNEDITED FULL COLOR VERSION…AMERI WELCOMES NOMINATION OF ARAJI FOR INTERIOR MINISTER WITH APPROVAL OF BLOCS…PARLIAMENT FINANCE COMMITTEE ELECTS AL-HALBUSI AS CHAIRMAN…INTERIOR MINISTRY AND INSPECTOR GENERAL & DIRECTOR GENERAL ANNOUNCES FORMATION OF SPECIAL OPERATIONS STRIKE FORCE TO REVIEW AND PROSECUTE CORRUPTION WITHIN MINISTRY…JABOURI SACKS SECRETARY GENERAL OF COUNCIL OF REPRESENTATIVES NAME AS PART OF REFORM INITIATIVES WITHIN LEGISLATION…NATIONAL ALLIANCE CALLS FOR PROFESSIONAL DEALING WITH ACCOUNTABILITY & JUSTICE DECISION…JABOURI CONFIRMS SIGNATURES NECESSARY FOR CONDUCTING EMERGENCY SESSION OF PARLIAMENT TOMORROW…VOTE POSTPONED TO CHALLENGE JUDGEMENT AND DECISIONS OF “REAL PROPERTY LAW”…
BUSINESS/ECONOMY/INVESTMENT
CBI ISSUES STATEMENT GIVING BANKS UNTIL SEPTEMBER TO ADAPT & IMPLEMENT ELECTRONIC TRADING SYSTEMS TO ADDRESS CASH CIRCULATION PROBLEMS (LIQUIDITY) IN 2 AREAS THE 1ST BEING BETWEEN BANKS & COMPANIES AS A CLEARING LIQUIDATION OPERATION OF DAILY ACTIVITY & 2ND IS RETAIL INDIVIDUAL CITIZENS TO REPAY DEBT OBLIGATIONS (MOBILE PHONE, ELECTRICITY) WITH THE CBI PLAYING ACTIVE “PARTNER” ROLE WITHIN THIS ELECTRONIC SYSTEM AFTER COMPLETION OF COMPREHENSIVE AUDIT OF IMPLEMENTATION SYSTEMS THAT WILL PROVIDE MORE EFFICIENT AND ACCURATE TRANSACTIONS WITH MINIMIZED FRAUD VIOLATION & ABUSE VULNERABILITY HANDLING 20 TRILLION DINARS MONTHLY THROUGH PBX SYSTEM REGULATION…IRAQI INVESTMENT AUTHORITY AND BAGHDAD COUNCIL ANNOUNCE “INVESTMENT MAP” IN COORDINATION WITH PRIVATE BANKS, INVESTORS AND PRIVATE SECTOR REPRESENTATIVES WITH OPPORTUNITIES OF 32 PROJECTS WORTH $1 BILLION USD IN INVESTMENT….PARLIAMENT FINANCE COMMITTEE CHAIRMAN FALEH DISCUSS WITH NEW BANK MANAGERS (2 YEAR APPOINTMENTS) MAINTAINING IRAQ’S CASH FLOW WITHOUT WASTE ( VELOCITY EFFICIENCY) AS MOST IMPORTANT BANKING ISSUES AND DISCUSSING IRAQ BANKING ACT AND MEANT TO CURB MANIPULATION…BAHRAINS LARGEST LENDER BANK AHLI UNITED BANK (AUB) HAS INCREASED ITS POSITION IN COMMERCIAL BANK OF IRAQ TO 64.71 PERCENT A 10% (10.75 BILLION IQD $9.20 MILLION USD) INCREASE PURCHASE OF 25 BILLION SHARES WITH LAST WEEKS CLOSE AT 0.43 DINARS WITH AUB HAVING PURCHASED 49% STAKE IN 2005…IRAQ EXPORTS 3.2 MBPD IN JULY…OIL CLOSES AT $43.43…TRANSPORT MINISTER ABTAN ANNOUNCE WITH NASIRIYAH GOVERNOR NAZARENE PLANS TO OPEN AND LAUNCH NEW AIRPORT NEXT MONTH ON SCHEDULE 9/29/16 TO COINCIDE WITH MARSHES BEING ADDED TO WORLD HERITAGE LIST…IRAQ SHIPS 2000 TONNES OF LIQUID NATURAL GAS FROM PORT OF UM QASR IN ADDITION TO 21,000 CUBIC METERS OF GAS CONDENSATES…WASIT INVESTMENT GRANTS LICENSES FOR 3 RESIDENTIAL COMPOUNDS IN THE PROVINCE SPANNING 30,000 ACRES…BASRA INVESTMENT COUNCIL ANNOUNCES 12
RESIDENTIAL HOUSING INVESTMENT OPPORTUNITIES IN THE PROVINCE AS PART OF 200 TOTAL INVESTMENT OPPORTUNITIES AND SIGNING OF CONTRACTS WITH BASRA MUNICIPALITY WITH PENDING INVESTORS AND ACHIEVE ECONOMIC REALITY…GOLD AT 217,000 IQD TO THE WEIGHT…EGYPT BEGINS IMF NEGOTIATIONS TO BORROW $12 BILLION…KURDISTAN REPORTS OIL PRODUCTION IN JULY AT 450,000 BARRELS…IRAQ OIL MINISTER ASSERTS PLAN TO INCREASE MAYSAN PRODUCTION TO 585,000 BARRELS PER DAY…
SECURITY
BARZANI DECLARES EDITING OF MOSUL WILL NOT OCCUR WITHOUT PARTICIPATION OF PESHMERGA…ISF FORCES KILL 25 ISIS ELEMENTS INCLUDING LEADERS IN AERIAL ATTACK IN WESTERN ANBAR…12 ISIS ELEMENTS INCLUDING LEADERS KILLED IN KALLIDIYA ISLAND…DEFENSE MINISTRY ANNOUNCES REVOCATION & DISMISSAL OF 106,000 ISF SOLDIERS WHO FLED FROM SERVICE IN 2014 FROM ISIS INVASION AND OCCUPATION OF MOSUL…ISF TROOPS SECURE AND REOPEN OLD ROADS LINKING RAMADI AND FALLUJAH…ISIS LEADERSHIP ISSIES NEW THREATS TO RUSSIA AND ITS LEADERS…ANBAR SECURITY COUNCIL ISSUES STATEMENT KHALIDIYA ISLAND FULLY LIBERATED FROM ISIS …US LAUNCHES FIRST STRIKES AGAINST ISIS IN SIRTE LIBYAN INTERIM DEFENSE MINISTER CONFIRMS…
GENERAL
AUCTIONS AT $162 MILLION…UN CONDEMNS THE ACCELERATION OF EXECUTIONS OF ALLEGED CONVICTED TERRORISTS IN IRAQ…BAGHDAD AIRPORT REPORTS MORE THAN 600 FLIGHTS DURING MONTH OF JULY…MALIKI COALITION ASSERTS OBEIDI PARLIAMENT QUESTIONING ONE OF THE MOST SERIOUS IN IRAQ’S HISTORY…INTEGRITY COMMISSION REVEALS OBEIDI PROVIDED OTHER NAMES IN CORRUPTION CHARGES THAT WERE NOT REVEALED IN QUESTIONING AND TESTIMONY…SADR REFUSES TO INCORPORATE KIRKUK INTO THE REGION AND CONFIRMS THAT THE PROVINCE IS FOR ALL IRAQIS…PARLIAMENT FINANCE COMMITTEE HEAD HALBUSI ASSERTS IRAQ’S INCREASE OF NON OIL REVENUES WILL BE ONE OF COMMITTEE’S AND IRAQ’S PRIORITIES IN NEXT PHASE…
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| CURRENCY | CODE | SELL | BUY |
| US dollar | USD | 1182.000 | 1180.000 |
| Euro | EUR | 1313.557 | 1312.900 |
| British pound | GBP | 1557.521 | 1556.743 |
| Canadian dollar | CAD | 906.372 | 905.919 |
| Swiss franc | CHF | 1212.805 | 1212.199 |
| Swedish krona | SEK | 137.166 | 137.097 |
| Norwegian krone | NOK | 138.136 | 138.067 |
| Danish krone | DKK | 176.616 | 176.527 |
| Japanese yen | JPY | 11.365 | 11.360 |
| Special Drawing Rights |
SDR | 1646.975 | 1646.152 |