Dinar Daily NEWS Blog – September 8th

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Mrs. BGG

Iraqi Dinar/Dollar auction (most recent listing) 09-08-16

Currency Auctions Announcement No. 3277

This daily currency auction was held in the Central Bank of Iraq on the 09-08-2016

The results were as follows:

DETAILS NOTES
Number of banks 30
Number of remittance companies 15
Auction price selling dinar / US$ 1182
Auction price buying dinar / US$ —–
Amount sold at auction price (US$) 136,428,356
Amount purchased at Auction price (US$) —–
Total offers for buying (US$) 136,428,356
Total offers for selling (US$) —–

More: http://dinarupdates.com/observer/
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Reason obeys itself; and ignorance submits to whatever is dictated to it. – Thomas Paine

*** Current News ***

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rcookie (Dinar Guru) –   […saw 2017 budget approval. Is that it now or does it need further discussion and approval?]  NO..THAT IS THE AMENDED 2017 BUDGET LAW WITH ALL IMF SBA REFORM REQUIREMENTS… READY AND WAITING…

Read More: http://www.dinarupdates.com/observer/
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Iraq’s parliament to vote on embattled finance minister

Iraq's parliament to vote on embattled finance minister

Iraq’s Finance Minister Hoshyar Zebari.

BAGHDAD, Iraq – Iraq’s national assembly is expected to vote today on whether veteran Kurdish politician Hoshyar Zebari can continue as the country’s finance minister following a question-and-answer session with on August 27.

Zebari told Rudaw he is hopeful he will survive the possible vote of confidence in the deeply divided parliament and described the efforts to remove him from office as “politically motivated” and “without substance.”

“I have broad support not only among those factions that we know, but also among the Shiite and Sunni blocks,” Zebari said, hoping the Kurdish lawmakers would unanimously stay behind him despite political differences.

But not the entire Kurdish block in the Iraqi parliament appears to back the minister, who is from the ruling Kurdistan Democratic Party (KDP). A petition has been signed by many of the Kurds in his favor.

“If a vote of confidence is held in the parliament, I will not vote for him,” said Kurdish MP Muthanna Amin from the Kurdistan Islamic Union (KIU), which has four seats in the Iraqi parliament.

Amin told Rudaw the answers that Zebari provided in the questions session last August were not “trustworthy.” He said his fellow KIU lawmakers would vote individually “according to their conscience.”

But Zebari says the Kurdish factions in the Iraqi parliament should demonstrate unity and avoid “collision.”

“We need to have a common stance on some issues as a Kurdish front in Baghdad,” Zebari said, regretting the position of some Kurdish lawmakers in his case. He said other Kurdish ministers in the Iraqi capital could face similar efforts to remove them, while he thought the Kurdish block should be “more united.”

Kurds hold 62 seats in Iraq’s 328-seat parliament and three ministerial posts in Prime Minister Haidar al-Abadi’s government.

To win a no-confidence vote the majority of the parliament — 165 lawmakers — need to cast their vote against the minister. But at present only 100 MPs have signed a petition that supports the no-confidence vote.

Efforts are also underway to block the no-confidence vote to take place on Tuesday. Lawmaker Shirin Raza said the KDP faction had prepared a petition signed by 85 MPs that called for the annulment of the no-confidence vote. Several other ministers were expected to sign the petition, Raza predicted.

Zebari has been the finance minister since October 2014. Before that, he was Iraq’s foreign minister since 2005. Lawmakers, in particular from the Shiite Daawa Party, have accused Zebari of mismanaging the country’s finances, which the minister denies.

Rudaw.net

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rcookie (Dinar Guru) –     [they were talking about putting Amnesty law in the Gazette in a day or 2… they are holding it off?]  YES…SO RATHER THAN RESCIND THE ENTIRE LAW…THEY ARE ADDING AMENDMENTS PRESENTED SEPARATELY AND THEN WILL POST NEW LAW WITH AMENDMENTS IN GAZETTE…

Read More: http://www.dinarupdates.com/observer/

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Frank26 (Dinar Guru) –   …keep a close eye on Mosul, after Thursday. Alak’s missed steps are coming into focus be ready for some good news later in the month regarding stability and security.  Watch CBI actions not the words spoken by others…not the RV but that of which surrounds it.

Read More: http://www.dinarupdates.com/observer/

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Allawi: Keywords ineligible for the management of the Central Bank of Iraq

alak

 

Treasures Media / Baghdad confirmed by former Secretary of Communications Mohammed Tawfiq Allawi , said Governor of the Central Bank of Iraq on the Keywords, does not know how the bank manages under these tough economic conditions, noting that “Iraq is moving toward a serious economic cliff. Allawi said in a televised interview with the Tigris satellite channel and he followed “treasures of the Media” that, by holding the economic file in Iraq , people who are not Mahliyn, explaining that “these primitive ideas have delivered the Iraq to the economic level of the shallow and the next worst. Allawi added , ” has asked the Governor of the Central Bank “on the Keywords” in an earlier time, if it was not able to respond to the economic plight of Iraq, he left to work for this economic detailed important, and important to entrust to the people who are competent, have the ability to draw financial and economic policy success for the challenges that gripped the country. He said Allawi that ” the central bank governor is not qualified to lead this great post, pointing out that “is in a valley , fiscal and monetary policy in the last ravine.

knoozmedia.com

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Central bank: there is no process of converting $ 6 billion out of Iraq

cbiBAGHDAD / obelisk: The Central Bank announced the absence of any transfer of $ 6 billion and $ 455 million operation to calculate Hamad al-Moussawi outside Iraq.

According to the central bank sent the book to the Committee on Parliamentary Integrity, on 4 September 2016 to the absence of any transfer of $ 6 billion and $ 455 million outside Iraq to account Hamad al-Moussawi.

He held the book signing bank governor agency.

The leaked documents, indicated that al-Moussawi, fled the above amount to outside Iraq, and the issue was raised again by the Finance Minister Hoshyar Zebari said after the questioning session.

Thanks Andrew – from the private FB Group – https://www.facebook.com/groups/571383766355188/

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Why Maliki wanted former central bank governor Sinan al-Shabibi thrown in prison?

Maliki and AlshabibiBaghdad Post – With the arrival of international experts to Baghdad to investigate the corruption files in Iraq , especially in the case of smuggling money and laundered at the Central Bank of Iraq, stand out to the surface of events causes removal of the former province Dr. Shabibi by former Prime Minister Nuri al – Maliki.

Known that Dr. Shabibi personal economic scientific academies and national global referred to Mendez, Masters received in 1971 from Manchester and PhD University of Bristol University in the United Kingdom a very good grade, and worked as a professor for postgraduate studies in European universities for many years and in March the banks managing professionally and his books taught in universities of the world. and when she was assigned for the management of the Central Bank of Iraq, the work of price stability and the implementation of prudent monetary policy with the professional management of foreign currency and raise the value of the Iraqi dinar against the dollar.

but this is a successful manager subjected to harassment by al – Maliki , who was appointed four members of his ruling party big positions within the central bank and they are not with jurisdiction, even influenced by the central bank and took a random hit Otunabh. these people are the Director – money laundering department, the director of the legal department, and director of banking surveillance, and Director of the economic Department.

and took corruption is rampant within the central bank by colleagues Maliki in the party, then the director – money laundering department allocates money Iraq funds for the benefit of the Dawa Party , traders, legal director of gloss it, and Director of the banks control taking sold dollars to private banks associated with the said Prime Minister Party, less than the market in amounts that make Iraq millions of dollars lost per day because of this corruption and the smuggling of government budget funds to the outside. when decided Central Bank Governor Sinan al – Shabibi change them in order to maintain the homeland of funds from theft, came to him a letter from the prime minister prevented him from removal of these corrupt and between the lines of the book “veiled threat.”

after the removal of the first “corrupt gang” mad – Maliki issued by his partner and friend Medhat Mahmoud , an arrest warrant on Shabibi after the latter was in Switzerland lectured about the new monetary policy in a global seminar for International monetary Fund.

and then appointed al – Maliki on the Keywords central bank governor, to hand over power to the Abadi budget Iraq empty and reserves of the Central Bank ravished to enter Iraq in a crisis large financial advancement of which can not after a decade even if oil prices improved today. quoting Shabibi, Maliki received more than all the rulers of Iraq money “combined” not being investigated by any unfinished mention the Iraqi people and the homeland, and was enough to build a new home according to the latest international standards can accommodate up to 30 million people live in the well – being and stability be security for all people in the world to live in.

after al – Maliki out of office, felonies Rusafa Court decided to acquit Shabibi from the false accusation that plotted against al – Maliki and the rule of juniors sentenced to seven years, and promised politically charged court pure and not a crime to the lack of any file condemnation against him.

it is worth mentioning that Dr. Sinan is the son of the poet and writer known as Mohammad Reza Shabibi was born in the city of Najaf, and was a mujahid with Mr. Mohammed Saeed Al-Habboubi in revolted, and became the Royal Prince and minister of Education in the four governments and the chairman of the board Senators and deputies in the parliament and deputies in the Senate and the speaker of parliament.

Article Link
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CURRENCY CODE SELL BUY
US dollar USD 1182.000 1180.000
Euro EUR 1328.213 1327.549
British pound GBP 1581.634 1580.843
Canadian dollar CAD 916.634 916.176
Swiss franc CHF 1220.570 1219.960
Swedish krona SEK 139.657 139.587
Norwegian krone NOK 144.460 144.388
Danish krone DKK 178.426 178.337
Japanese yen JPY 11.651 11.645
Special
Drawing Rights
SDR 1658.819 1657.989

http://www.cbi.iq/

Indicative rates – 09.08.2016

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