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) 08-31-16
Currency Auctions Announcement No. 3271
This daily currency auction was held in the Central Bank of Iraq on the 08-31-2016
The results were as follows:
| DETAILS | NOTES |
| Number of banks | 32 |
| Number of remittance companies | 15 |
| Auction price selling dinar / US$ | 1182 |
| Auction price buying dinar / US$ | —– |
| Amount sold at auction price (US$) | 133,757,550 |
| Amount purchased at Auction price (US$) | —– |
| Total offers for buying (US$) | 133,757,550 |
| Total offers for selling (US$) | —– |
More: http://dinarupdates.com/observer/
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Politics should be the part-time profession of every citizen. – Dwight Eisenhower
*** Current News ***
rcookie (Dinar Guru) – Article: “Urgent: Cabinet vote on the 2017 budget” Quote: “Cabinet voted Tuesday 2017..itba the draft budget law.” SO…CABINET HAS VOTED ON 2017 BUDGET AFTER AMENDMENTS…
Read More: http://www.dinarupdates.com/observer/
Dinar Updates “After Call – LIVE”!!
“Immediately following News Time!!”
from Tues. 8/30 “After Call” – w/RCookie,
Mr White & Hutch
Smart phone user link – Click here
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rcookie (Dinar Guru) – [how about a reality, (real) rate based on their assets?] A COUNTRIES ASSETS ARE ONY A SMALL PORTION OF BASIS OF CURRENCY VALUATION…ASSETS ARE BARELY IN TOP 10 DETERMINANTS…WE SHOULD BE LOOKING AT INFLATION…INTEREST RATES…CURRENT ACCOUNT DEFICITS (TRADE BALANCE)… PUBLIC DEBT…TERMS OF TRADE BALANCE OF PAYMENTS…AND POLITICAL STABILITY & ECONOMIC PERFORMANCE
Read More: http://www.dinarupdates.com/observer/
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Erbil and Baghdad reach agreement on Kirkuk oil exports
(IraqiNews.com) Baghdad – The Iraqi Oil Minister will soon visit Erbil to meet with his Kurdish counterpart and discuss crude oil exports and revenues.
MP Shakhawan Abdullah said, “The meetings will continue with Kurdistan Region’s Minister of Natural Resources who will be visiting Baghdad for the same purpose.”
“The Kurdish and Iraqi ministers will discuss the technical issues relating to the implementation of a previous Erbil-Baghdad agreement. The KRG and Iraqi government have also reached to an agreement over Kirkuk oil exports through the Kurdish pipelines,” Abdullah revealed.
Deputy Iraqi Oil Minister Fayadh al-Nema, in a previous interview with Reuters, said they were willing to hold talks with Erbil about using KRG’s oil pipelines for exporting Iraqi oil. However, he said upon the failure of the talks, Baghdad may consider selling its crude oil though Iran, for which it may need to cross Sulaymaniyah province in order reach the neighboring country.
Read More: http://www.dinarupdates.com/forumdisplay.php?5-Current-Iraq-NEWS
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BGG (Dinar Guru) – [How long do you think they need before the change the value of dinar.] they are moving FAST… things look good.
Read More: http://www.dinarupdates.com/observer/
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Reports: secret negotiations conducted by the United Nations to resolve the Justice and Accountability Act
BAGHDAD – Iraq Press – August announced a senior political source in the National Alliance that secret negotiations conducted by the United Nations with the leaders of the main political blocs to end the dispute regarding the accountability and justice law in preparation for submission to parliament for a vote.
The source added, in a statement to the newspaper (life) that “the talks under the auspices of the United Nations office in Baghdad to end the dispute in some paragraphs of the Accountability Act, which faces strong opposition from a coalition of state law and the Sadrists and the Virtue Party and the Badr Organization, who consider that the law allows for the figures in the party Baath political participation. ”
The source pointed out that “the National Alliance seeks to ensure that the non-participation of Baathists, but a coalition of Iraqi forces calls for transforming the ablation profile to justice instead of having a partisan institution oversees the work of the ablation may target certain parties to blackmail before each election held in the country.”
The source added that “the coalition is determined to not return the Baathists, even those who have not stained their hands with the blood of Iraqis or did not commit inhuman crimes, to the political arena and assume positions in the government, with powers Union believes that the return offered the greatest opportunity to achieve national reconciliation in the country.”
For his part, the Legal Committee Member of Parliament Salim Shawki told the newspaper that “disagreements exist in the draft law concerning the inclusion of Baathists retirement or their term of government positions,” stressing that “the postponement of the ongoing vote on Justice and Accountability Act is due to hold the National Alliance and the Union of Forces their positions regarding the granting of concessions to Baathists who did not commit a crime or violation against the people. ”
Read More: http://www.dinarupdates.com/forum.php
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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
(from) TUESDAY AUGUST 30th, 2016
SECURITY
ABADI, BARZANI & JABOURI MEET TO DISCUSS SECURITY STATUS & OPERATIONS IN MOSUL AND OIL DEAL…ABADI GOV’T COMMITS TO $800 MONTHLY SALARY TO TURKISH ARMED KURDISTAN WORKERS PARTY PKK PESHMERGA SOLDIERS FIGHTING ISIS WHERE SOLDIERS RECEIVE HALF AND PARTY THE OTHER HALF…JOINT COMMAND CONFIRMS KILLING OF MORE THAN 1700 ISIS ELEMENTS IN SOUTHERN MOSUL AND QARRAYAH ARAES SINCE BEGINNING OF CLEANSING OPERATIONS…JABOURI MEETS WITH EU LEADERS TO DISCUSS RETURN OF DISPLACED AFTER MOSUL OPERATIONS…ABADI ISSUES STATEMENT THAT THERE ARE NO FIGHTERS ON IRAQI GROUND FIGHTING ISIS OTHER THAN IRAQI SOLDIERS…TOTAL COUNT OF ISIS MASS GRAVES LEFT BEHIND IN IRAQ & SYRIA AT 72 CONTAINING UP TO 15,000 BODIES… INTERIOR MINISTRY ISSUES OF STATEMENT OF FEDERAL SUPPORT FOR POLICE AND RAPID RESPONSE DEPARTMENTS…ISF AIRSTRIKES KILL DOZENS OF ISIS ELEMENTS IN TAL AFAR NINEVEH PROVINCE INCLUDING INSTRUMENTAL LEADERS…SENIOR ISIS LEADER & SPOKESMAN ADNANI KILLED BY COALITION FORCES BOMBING TODAY IN ALEPPO…ABADI IDENTIFIES REASONS FOR FALLUJAH LIBERATION DELAYS WERE THE USE OF CITIZENS AS HUMAN SHIELDS & INT’L & REGIONAL PRESSURES DELAYED MILITARY & FINANCIAL SUPPORT FOR DISPLACES AND POLITICAL BLOC DIFFERENCES ON ANTI PARTIES START OF LIBERATION…US TRAING ISF “SPECIAL FORCES” UNIT IN NORTHERN BAGHDAD CAMP TAJI 62 DAY TRAINING PROGRAM…
PARLIAMENT
HATHAIM AL JABOURI ANNOUNCES REQUEST OF 100 SIGNATURES GAINED BY SECRET BALLOT FOR DISMISSAL OF ZEBARI…KURDISH LAWMAKER REVEALS PLEA FOR RE-VOTE ON ZEBARI QUESTIONING AND SUBSEQUENT WITHDRAWAL OF CONFIDENCE…HOUSE ECONOMIC COMMITTEE ANNOUNCE BORDER CROSSING ACT APPROVED IN PARLIAMENT YESTERDAY WILL ESTABLISH A STANDARD BODY TO OPERATE PORTS & ENCOMPASS BORDER, FOREIGN, INTERIOR & FINANCE MINISTRIES…ABADI ANNOUNCES HE WILL GIVE HIS LIST OF CABINET RESHUFFLE CANDIDATES INCLUDING DEFENSE AND INTERIOR IMMEDIATELY AFTER EID HOLIDAY…ABADI STATES GOV’T WILL SUBMIT AMENDMENT TO COVER “ORGANIZED CRIME” TO GENERAL AMNESTY LAW…BADR BLOC COLLECTING SIGNATURES TO CHALLENGE ARTICLE VIII OF AMNESTY LAW…KURDISTAN ALLIANCE MP ASSERTS THAT WITHDRAWAL OF CONFIDENCE ACTION AGAINST ZEBARI ON HOLD AT THIS TIME AND CONCENTRATING ON DISAPPROVAL OF ANSWERS TO QUESTIONING HE SUBMITTED AND WANT OPEN VOTING SESSION IF CONDUCTED…PARLIAMENT INVESTMENT COMMISSION MP ALBJARA CALLS FOR BORDER CROSSING LAW ACTIVATED TO CENTRALLY MANAGED BODY TO MANAGE BORDER CROSSING POINTS TO FURTHER DEAL WITH KNOWN “BIG CORRUPTION”…MP FOR REFORM FRONT NURI ASSERTS COMING STAGE WILL WITNESS FM JAFAARI INTERROGATION OF CORRUPTION FILES AND WITHDRAWAL OF CONFIDENCE VOTE…CoM REVIEWS GENERAL AMNESTY LAW & ABADI STATES WE WILL ADJUST AMNESTY LAW 2 AREAS OF CRIMES OF KIDNAPPING & TERRORISM…CoM VOTES ON 2017 BUDGET LAW AFTER AMENDING AND NOW READY FOR HOUSE APPROVAL…HOUSE OF REPRESENTATIVES REVEALS QUESTIONING OF 3 MINISTERS IN COMING DAYS INCLUDE JAFAARI, EDUCATION MINISTER IQBAL AND HEALTH MINISTER HAMOUD AS WELL AS ABADI HIMSELF AFTER EID HOLIDAY…MP ASSERTS RE-VOTE BY SECRET PAPER BALLOT FOR SACKING OF ZEBARI POSSIBLE DUE TO HARDWARE MALFUNCTION OF MACHINES..
GENERAL
AFTER MEETING BETWEEN BARZANI & ABADI & DELEGATIONS YESTERDAY KRG AND GOI AGREE ON EXPORT OF 150K BPD OIL FROM KIRKUK KARKER OIL FIELD THROUGH TURKEY CEYHAN TO BE DIVIDED EQUALLY BETWEEN BAGHDAD & ERBIL AND COVERING 7,600 SALARIES INCLUDING PESHMERGA TOTALING $10 MILLION DOLLARS AFTER 5.5 MONTH ABSENCE OF CEYHAN OPERATIONS WHILE DISCUSSING ZEBARI DISMISSAL, MOSUL OPERAQTIONS & CREATION OF MECHANISM T MAINTAIN DIALOGUE BETWEEN ERBIL & BAGHDAD…OIL MINISTER ALI JABBAR WILL VISIT ERBIL SOON TO DISCUSS THE FURTHER DETAILS WITH KRG MINISTER OF NATURAL RESOURCES..MALIKI ISSUES STERN DENIAL AND CLAIMS OF FORGED DOCUMENTS IN CHARGES OF OVERCHARGES OF 197 MILLION IQD FOR MAINTENANCE OF HIS PERSONAL MOTORCADE & CHARGES OF WASTING PUBLIC MONEY…INDEPENDENT ELECTORAL COMMISSION ANNOUNCES REGISTRATION OF 78 POLITICAL ENTITIES THAT INTEND TO PARTICIPATE IN UPCOMING ELECTIONS…ACCUSATIONS FROM MINISTERS THAT KRG IS EXPORTING SOME OIL TO “BLACKLIST” TANKERS AWAY FROM CENTRAL…BARZANI UPON CONCLUDING MEETING WITH ABADI & JABOURI HEADING TO FRANCE, JORDAN, IRAN & TURKEY TO ACQUIRE SUPPORT FOR KURDISH INDEPENDENT STATE…OIL MINISTER AUTHORIZES 150,000 IQD CASH ASSISTANCE TO ALL MINISTRY FULL TIME EMPLOYEES…MINISTER OF AGRICULTURE & WATER MAJID ANNOUNCE OPENING OF 2 DAMS IN AKRR, DOHUK, KURDISTAN PROVINCE…BASRA GOVERNATE THREATENING TO SUE CENTRAL IF 50% OF BORDER CROSSING IMPORT REVENUES NOT TURNED OVER TO PROVINCE…JUDICIAL ISSUES ARREST WARRANT FOR CHIEF FINANCIAL OFFICER FOR FORMER MoD OBEIDI…INSPECTOR GENERAL OF INTERIOR MINISTRY OFFICE REPORTS 335 CORRUPTION CASES PROCESSED RETURNING 335 MILLION IQD TO STATE TREASURY IN MONTH OF JULY…
ECONOMY/INVESTMENT/BUSINESS
GOLD AT 216,00 IQD TO WEIGHT…OIL AT $49.26…CBI REITERATES POSITION CHANGE OF STABILIZING IQD AGAINST USD IN AUCTIONS TO “OPEN LETTER OF CREDIT” INSTEAD OF “REMITTANCES” BECAUSE LOC COMPRISE 70% OF FOREIGN CURRENCY SALES AND ALLOW FOR MORE CONTROLS OVER BANKS A, METHODS AND PROCEEDS RESULTING FROM AUCTION SALES ELECTRONIC SINCE MARCH 3, 2015 WHERE END TO DAILY WINDOWS WAS ANNOUNCED… OIL MINISTER PLEDGES IRAQ WILL BEGIN PUMPING OIL FROM WELLS IN QAYYARAH AFTER THE LIBERATION OF MOSUL…RASHEED BANK ANNOUNCES ISSUANCE OF NEW HOUSING LOANS UP TO 75 MILLION IQD AT 7% INTEREST OVER 20 YEARS TO CITIZENS & STATE EMPLOYEES IN 3 25 MILLION IQD INSTALLMENTS…GENERAL CUSTOMS AUTHORITY ANNOUNCES COLLECTION OF 327 BILLION IQD SINCE BEGINNING OF 2016 THROUGH JULY TOTALING AVERAGE OF 46.7 BILLION IQD/MONTH…ECONOMIC EXPERT HADI HNDAS ASSERTS LOCAL PRODUCTION WILL STOP HARD CURRENCY LEAKAGE OUT OF IRAQ AND PRESERVE CAPITAL CYCLE INSIDE OF IRAQ OR VELOCITY EFFICIENCY KEEPING CURRENCY INSIDE IRAQ…GENERAL COMPANY FOR EXTRACTION INDUSTRIES AND INDUSTRY MINISTER HAMOUD ANNOUNCE FIRST PRODUCTION OF “WHITE ELITE KEROSENE” IN CONTRACT WITH UAE & ITALIAN COMPANY OF 75 TONNES OF WHICH 19,200 TONNES BEING EXPORTED WITH AUGUST SALES TOTALING 76 MILLION IQD IN ADDITION TO FELT ASPHALT POLYMER…
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| CURRENCY | CODE | SELL | BUY |
| US dollar | USD | 1182.000 | 1180.000 |
| Euro | EUR | 1320.058 | 1319.398 |
| British pound | GBP | 1546.529 | 1545.756 |
| Canadian dollar | CAD | 903.946 | 903.494 |
| Swiss franc | CHF | 1206.492 | 1205.889 |
| Swedish krona | SEK | 139.093 | 139.024 |
| Norwegian krone | NOK | 142.136 | 142.065 |
| Danish krone | DKK | 177.312 | 177.224 |
| Japanese yen | JPY | 11.595 | 11.589 |
| Special Drawing Rights |
SDR | 1649.883 | 1649.058 |