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) 08-15-16
Currency Auctions Announcement No. 3259
This daily currency auction was held in the Central Bank of Iraq on the 08-15-2016
The results were as follows:
| DETAILS | NOTES |
| Number of banks | 31 |
| Number of remittance companies | 15 |
| Auction price selling dinar / US$ | 1182 |
| Auction price buying dinar / US$ | —– |
| Amount sold at auction price (US$) | 144,850,509 |
| Amount purchased at Auction price (US$) | —– |
| Total offers for buying (US$) | 144,850,509 |
| Total offers for selling (US$) | —– |
More: http://dinarupdates.com/observer/
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Shallow men believe in luck. Strong men believe in cause and effect. – Ralph Waldo Emerson
*** Current News ***
Dinar Updates “After Call – LIVE”!!
“Immediately following News Time!!”
8/15 “After Call” – w/RCookie,
Mr White & Hutch
from 8/10 Smart phone user link – Click here
Hey gang – out of respect… I am putting a hold on the official “News Time” and “After Call” for tonite. One of our gang has a family emergency – we’ll regroup sometime tomorrow.
Thanks
BGG
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BGG (Dinar Guru) – …the General Amnesty Law…our researchers tell us the 1st draft will be in Parliament over the weekend… NOT DONE OR VOTED ON!! [the gen amensty law may be voted on next week?] That appears to be correct. …they will work over this draft, read it a couple of times and go from there. It appears close. [what happen to make them move so fast now?] Easy – IMF, WB, UN – M-O-N-E-Y!!
Read More: http://www.dinarupdates.com/observer/
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www.DinarUpdates.com – save as favorite!
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Abadi plans to put forward three candidates for each ministry to parliament soon
House of Representatives awaiting the arrival of the new cabinet reshuffles, “” Prime Minister Haider al-Abadi; to study; in preparation for a vote in parliament.
According to leaks that the prime minister intends to put forward three candidates for each ministry names are selected after negotiations with the political blocs. Provided that the “efficiency” are essentially standard in filtration.
In this regard, MP for the coalition of state law, Haider Mawla says the parliament awaiting a list of the names of the Prime Minister “substitutes” for those who have resigned or sacked minister.
He adds in an interview with “New Morning”, “The Abadi will present three candidates for each Zarh- with Almatah- walked to the House of Representatives, to be read and see them as a prelude to display a vote within the dome of the House of Representatives.”
He called on the prime minister to the Lord “to choose a professional, efficient and able to manage the ministries in the subsequent stage names, in addition to the importance of the fast advance of the arrival of the names, until a minister bench duties.”
His colleague in the coalition of state law, Sheikh Ahmed Taha Ali, says that there are discussions taking place between the political blocs on the forthcoming cabinet reshuffle, according to the announcement by the Prime Minister. ”
He adds in an interview with “New Morning”, “The Prime Minister announced on multiple occasions for MPs, it is the process of selecting efficient management capable of managing the ministry.”
Stressing the importance to have it, “in coordination with the political blocs, in order to be a successful process of change and win the vote in parliament.”
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rcookie (Dinar Guru) – Article quote: “Revealed Badr parliamentary bloc, on Saturday, on the nomination of Qasim al – Araji , an official for the post of interior minister, noting that the cabinet reshuffle will be presented to a vote next Monday.” Article: “Adeeb: National Alliance blocs will meet tomorrow to decide the general amnesty law” IRAQ IS GONNA GET THEIR VOTE ON FOR MONDAY…BOTH LAWS GETTING REQUISITE COMMITTEE REVIEWS TOMORROW [SUNDAY]…AND PARLIAMENT FOR VOTE MONDAY…
Read More: http://www.dinarupdates.com/observer/
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BGG (Dinar Guru) – [On a scale of 1 to 10, how excited are you about UN intervention into Iraq corruption files?] 9 – it’s why things are moving so fast.
Read More: http://www.dinarupdates.com/observer/
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The central bank adopted an open door policy to communicate with banks and money transfer
BAGHDAD – Central Bank announced on Monday adopted an open door policy to communicate with the licensed private banks, financial firms and conversion, as well as a broker in the sale and purchase of foreign currency businesses.
According to a statement of the bank, received / balances News / copy of it, that “the Bank Asatmd open-door policy to reach out and listen to the notes and the obstacles facing it, the belief that interactive relationship and direct communication would Breaking the difficulties and eliminates bureaucratic phenomena and prevent exploitation and favoritism,” noting that “the new policy will help build the banking and financial sector, decent, in reference to the approved private banks, financial firms and conversion, as well as a broker in the sale and purchase of foreign currency businesses.”
He said the bank, he “devoted Emil particular to communicate and receive conservative directly up to this email”, calling for “Send comments or suggestions or request interviews Governor of the Bank of the email bearing in mind that all of this is in the framework of the observance of laws and regulations and instructions.”
He pointed out the bank, that “some claim that exposure to blackmail from the staff in order to stroll treated at the central bank often be motivated by other co-opt for mediation and intervention, which is a very dangerous practice if it is incorrect, as is happening in what we learn it from the cases of the professional and national duty to be informed of Directors of the Bank directly in order to counter any negative phenomenon does not help to provide a safe and fair environment will appreciate these positions and put them in a whistleblower integrity, honesty and diligence box. ”
The bank noted that “some who apply right decisions and actions of the Central Bank are using the media or communication sites accusations and defamation staff responsible for the conduct of transactions or in charge of surveillance and investigation, including damages to the Central Bank, a tactic inconsistent with the lowest fitness and professionalism and objectivity degrees and it is unthinkable in the banking sector and financial, which settled in more countries around the world on the best practices and the highest degree of professional, social and ethical responsibility “.anthy 29/33 h
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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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DU NEWS RECAP by RCookie
WEDNESDAY AUGUST 10TH, 2016
GENERAL
GOLD AT 219,00 IQD TO THE WEIGHT…AUCTIONS AT $150 MILLION…ZEBARI PRESIDES OVER ECONOMIC AFFAIRS COMMITTEE ALONG WITH CBI GOVERNOR & CHAIR OF INVESTMENT AUTHORITY & INDUSTRY MINISTRY MEETING TO DISCUSS WINTER STRATEGY FOR BAGHDAD SERVICES PROJECTS WATER, SEWERAGE AS WELL AS PRIVATE SECTOR MEDICINE AND INDUSTRY…ABDUL BARI ZEBARI ELECTED TO PARLIAMENT FOREIGN RELATIONS COMMITTEE CHAIRMAN…JAFAARI ANNOUNCES ESTABLISHMENT OF FOREIGN CONSULS IN BASRA PROVINCE INCLUDING US, RUSSIA, KUWAIT, IRAN AND EGYPT FOR ECONOMIC & POLITICAL FACILITATION…NORWAY ANNOUNCES TOTAL RECONSTRUCTION SUPPORT TO IRAQ $10.6 MILLION FOR 2016…
SECURITY
ABADI DECLARES EDITING OF ISIS IN MOSUL NEAR WITH START OF 3RD AND FINAL PHASE AND PEOPLE WILL BE CELEBRATING SOON…DEFENSE MINISTRY ANNOUNCES RECEIPT OF SURVEILLANCE & RECONNAISSANCE “WIRE” AIRCRAFT IN ADDITION TO 3RD MEAL OF F-16 COMBAT JETS…ABADI ASSERTS THE USE OF AMERICAN AND IRANIAN CONSULTANTS TO LIBERATE MOSUL…ASADI ASSERTS READINESS TO LIBERATE MOSUL AND HAWIJA AND AWAIT ABADI ORDERS…SECURITY COMMAND ANNOUNCE COMMENCEMENT OF LIBERATION OF AREAS BETWEEN SALAHUDDIN AND DIYALA…INTERNATIONAL COALITION CONDUCTS 25 SORTIES IN IRAQ AND SYRIA…US COMMANDER SEAN MCFARLAND ANNOUNCES THE KILLING OF 45,000 ISIS ELEMENTS IN IRAQ & SYRIA OVER PAST 2 YEARS & 25,000 IN LAST 11 MONTHS…
PARLIAMENT
REFORM FRONT MP JABOURI ASSERTS MONDAY WILL SEE THE WITHDRAWAL OF CONFIDENCE FROM MoD OBEIDI…JABOURI RETURNS TO REGULAR EXERCISE HIS DUTIES AND ROUTINE AS SPEAKER OF PARLIAMENT…PARLIAMENTARY FINANCE REVEALS THE WASTE OF $500 BILLION FROM PREVIOUS YEARS AND ADMINISTRATIONS…PARLIAMENT AGENDA TOMORROW INCLUDES FREEDOM OF EXPRESSION LAW VOTE, 1ST READING OF 3RD AMENDMENT TO IRREGULAR PROVINCE ACT, & READ THE 4TH AMENDMENT TO LAW OF JOURNALISTS SYNDICATE, DISCUSS DRAFT AMENDMENT CARE OF MINORS LAW, AND LAW OF STATE BANKS….PARLIAMENT INVESTMENT COMMITTEE NAMES KANANI AS CHAIRMAN TO REPLACING JAWAD BOLANI…PARLIAMENTARY FINANCE CHAIRMAN HALBUSI WILL MEET TUESDAY WITH GOV’T OFFICIALS CONCERNING ANY OBSTACLES FACING ACHIEVEMENT OF INCREASING NON OIL REVENUES RU SUPPORT BUDGET & PREPARE REPORT THAT OUTLINE PROBLEMS & OBSTACLES INTERFERING WITH GOALS AND MEANS TO SOLVE THE PROBLEMS INCLUDING FINANCIAL & ECONOMIC POLICIES WITHIN THE MEMORANDUM WITH THE IMF AND CONVENTION FUND LOAN FOR IRAQ (SBA) AND HOST A PANEL OF SPECIALISTS & ADVISERS IN CoM AND CBI GOVERNOR, CHAIRMAN OF SUPREME AUDIT AND SALEH AND WILL INCLUDE JAPANESE LOAN DISCUSSIONS TO TO PRIORITY STATUS OF PROJECTS IN KURDISTAN REGION AND SET UP 3 SUBCOMMITTEES FOR INDEPENDENT BUDGETS TO HoR, SUPREME JUDICIAL COUNCIL & HUMAN RIGHTS COMMISSION AS WELL AS OIL LICENSING TOPICS RELATED TO 2016 BUDGET LAW…
BUSINESS/INVESTMENT/ECONOMY
MINISTRY OF CONSTRUCTION & HOUSING SIGN AGREEMENT WITH WORLD BANK TO REBUILD MUTHANNA BRIDGE IN BAGHDAD…CBI ESTABLISHES STANDARDS OF 7 CRITERIA FOR SELLING OF FOREIGN CURRENCY AND THE BANKS CLASSIFIED INTO PARTICULAR CATEGORIES…KUWAIT OFFICIALLY PARDONS IRAQ’S DEBT FOR THREE YEARS,…CITIBANK RELEASES STATEMENT EXPRESSING “CONFIDENCE IN IRAQ’S INVESTMENT PROSPECTS” AND REITERATES “CITI ALREADY HAS AN ESTABLISHED RELATIONSHIP WITH BANK OF BAGHDAD, NATIONAL BANK OF IRAQ, TRADE BANK OF IRAQ, & KURDISH NATIONAL BANK & OUTLINED CITI AS 1ST GLOBAL BANK TO COMMIT ITSELF TO IRAQ DEVELOPMENT IN 2013 AND CALLED IRAQ’S ECONOMY “A SLEEPING GIANT” AND ADDED “IRAQ’S GROWTH WILL REFLECT PROGRESS ON RESTORING STABILITY” NECESSARY TO RESTORE ITS ECONOMY & CONTINUE TO SEE “LONG TERM OPPORTUNITIES TO OFFER OUR INTERNATIONAL SERVICES” IN A COUNTRY WITH HUGE ECONOMIC POTENTIAL AND PROSPECTS PROVIDING AN IMMENSE OPPORTUNITY AND FURTHER AVOWS “CITI IS IN IRAQ FOR THE LONG TERM AND INTENDS TO STAY THE COURSE” WHILE ASSERTING NOT TO BE A SINGULAR FOCUSED TRADITIONAL BANKING SERVICES ENTITY BUT RATHER “ON GROUND RELATIONSHIP BUILDING COMPONENT OF REBUILDING IRAS INFRASTRUCTURE & MODERNIZATION INCLUDING FINANCING THE PURCHASE OF BOEING AIRCRAFT PROJECT OF IRAQI AIRWAYS TRU CLOSE RELATIONSHIP WITH US IMPORT/EXPORT BANK (EXIMBANK) AND OUTLINES ONE OF CITI’S MOST IMPORTANT ROLES IS TO “RECONNECT IRAQ TO THE GLOBAL FINANCIAL MARKETS WHICH IT HAS BEEN ABSENT FROM FOR MANY YEARS” AND INTENTION TO WORK WITH CITI AND DEUTSCHE BANK TO MANAGE BOND ISSUES THROUGH MoF…
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| CURRENCY | CODE | SELL | BUY |
| US dollar | USD | 1182.000 | 1180.000 |
| Euro | EUR | 1318.876 | 1318.216 |
| British pound | GBP | 1532.227 | 1531.460 |
| Canadian dollar | CAD | 913.094 | 912.637 |
| Swiss franc | CHF | 1211.935 | 1211.329 |
| Swedish krona | SEK | 139.807 | 139.737 |
| Norwegian krone | NOK | 143.927 | 143.855 |
| Danish krone | DKK | 177.273 | 177.184 |
| Japanese yen | JPY | 11.584 | 11.578 |
| Special Drawing Rights |
SDR | 1647.980 | 1647.156 |