Word for the day…
Mrs. BGG
Iraqi Dinar/Dollar auction 01-11-17 (most recent listing)
Currency Auctions Announcement No. 3357
This daily currency auction was held in the Central Bank of Iraq on the 1-11-2017
The results were as follows:
| DETAILS | NOTES |
| Number of banks | 34 |
| Number of remittance companies | 17 |
| Auction price selling dinar / US$ | 1182 |
| Auction price buying dinar / US$ | —– |
| Amount sold at auction price (US$) | 153,971,978 |
| Amount purchased at Auction price (US$) | —– |
| Total offers for buying (US$) | 153,971,978 |
| Total offers for selling (US$) | —– |
More: http://dinarupdates.com/observer/
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You may have to fight a battle more than once to win it. – Margaret Thatcher
*** Current News ***
Dinar Updates – “the After Call!!”
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BGG (Dinar Guru) – […”re-integration.” Is that the same as revalue…are we still believing that they will revalue around .90 equal to 1 dinar to begin with?] That’s not exactly the same…”re-integration” is more like a term the international community is using to describe this move to “re-engage” Iraq with the rest of the world economically. It is likely sometime around the same time they will start the project to “Remove the 3 Zero notes” as they have outlined over and over…the beginning stages of this “project” will likely include some change in the value of the Dinar. This is the stage most here are after – but there is much more to follow as well. It get more and more exciting by the day.
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Central Bank announces the adoption of the international mathematical number (IBAN) makes all the conversions
(Independent) … the Iraqi Central Bank announced the adoption of the international mathematical number (IBAN) in all local and foreign remittances for the purpose of unification of bank account numbers in banks and Iraq, while stressing that the new formula will improve the level of financial and banking services and overcome common mistakes when remittance.
The central bank said in a statement received by the (independent) announced today that “the Bank has adopted the international mathematical figure of IBAN, starting from the second of January of 2017 in all local and foreign remittances for the purpose of unification of bank account numbers in all operating banks in Iraq.”
Bank, said that “adding a new version of the account numbers will contribute to improve the level of financial and banking services as well as common mistakes exceeded in some banks and financial institutions in the use of customer accounts when remittance figures.” (End)
Mailman17 (Dinar Guru) – WE ARE NOBODY IN THE GRAND SCHEME OF THINGS. THE AVERAGE IRAQI HAS SQUAT IN DINAR. AND IF YOU DO, YOU WILL BE DEALT WITH AN OPTION BY THE BANKS IN IRAQ TO COMPLY TO THEIR RULES WHEN DEPOSITING. AS FAR AS WE ARE CONCERENED, WE TOO WIL BE DEALT WITH FAIRLY, WITH THE BANKS MOST LIKELY TURNING OVER OUR DEPOSIT FOR CREDIT AND OUR MEASLY DINAR GOING INTO THE U.S. FOREIGN CURRENCY RESERVE. THE AMOUNT OF DINAR OUTSIDE IRAQ HAS BEEN FIGURED IN AND IRAQ WILL BE FINE COVERING IT AS IT WILL BE A VIABLE RESERVE USED BY OTHER COUNTRIES. …LETS SEE WHAT TRANSPIRES. THE END OF THIS RIDE IS ALMOST OVER. AS ALWAYS…JMO AND IN REGARDS TO IRAQS STATED FINACIALS…LOOK IN THE PAST…ITS THERE…THEIR FINE. [post 2 of 2]
Read More: http://www.dinarupdates.com/observer/
The fight against terrorism: the next few days will witness the liberation of Mosul
Roudao-Erbil – Explained Major General Fadel Barwari, of the Anti – terrorism, said : “On Friday , January 6 marked the Iraqi army holiday, but because of our progress in the fighting was not possible for us sweets were distributed to the army and the citizens.”
Berwari said network Roudao media, we “Today we distribute sweets to mark the founding of the Iraqi army, and in the near future also Snozaa sweets to mark the liberation of Mosul city is full of elements of al – Daesh.”
Berwari said that “progress on the part of anti – terrorism device of this side arrived in Al Muthanna, was the liberation of the first aspect of this neighborhood until we arrived at the archaeological village that separates Al Muthanna to both sides, and now go towards the second side neighborhood of Muthanna and crossed Khosr River River.”
In the last Major General Fadel Barwari added that “We have big surprises we will announce in the next few days, and this happy surprises for all Iraqis, and especially to the people of Mosul.”
Dinar Updates – “DU News Call!!”
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Iraq:
If you could find some way to convince folks to at least skim through this document, they would be amazed. The moves Abadi has been making the last few months – kind of sense now. There is some outstanding information here.
DayTrader
IMF EXECUTIVE BOARD COMPLETES FIRST REVIEW IRAQ’S STAND-BY ARRANGEMENT (45 pages…)
Mailman17 (Dinar Guru) – THE IRAQI DINAR HAS AND ALWAYS WAS SET UP TO BE A RESERVE CURRENCY. THE U.S. BRITAIN AND THE PARIS CLUB NOT TO MENTION IRAQS NEIGHBORS CAN ONLY BENEFIT BY HOLDING THE DINAR AS A RESERVE. THE MERE FACT THE U.S. DOLLAR IS STILL CONSIDERED A RESERVE CURRENCY IS MIND BOGGLING…YOU ADD IT UP. IF YOU BELIEVE THEIR M0 OR M2 IS THAT HIGH OUTSIDE IRAQ WITHOUT FATORING IN THAT MOST LIKELY 80% OF THAT NUMBER IS HELD BY FOREIGN GOVTS, THEN YOU GOT A SCREW LOOSE. THEY HAVE BEEN CAUGHT NUMEROUS TIMES WITH 2 SETS OF BOOKS. WHEN ADDING UP IRAQS M0 AND M2 FIGURE IN VIRTUAL CURRENCY AS WELL…NUMBERS ON A BOOK, NOT ACTUAL PHYSICAL CURRENCY. THIS IS AND ALWAYS WAS WAY MORE THAN WE COULD IMAGINE REGARDING PAYOUT. [post 1 of 2….stay tuned]
Read More: http://www.dinarupdates.com/observer/
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Central Bank of Iraq supports the currency “delete the zeros” (from) the Dinar
Revealed the Keywords Governor of the Central Bank of Iraq to delete the zeros of the Iraqi currency, he began to develop the first steps of the support of the Iraqi dinar project.
Keywords and said in a statement, said that the aim of the deletion of three zeros is to support the Iraqi dinar, and make it a competitor to foreign currencies, pointing out that this strategic project will serve the country ‘s economy, as the dinar will be included in the global basket of currencies in the vital exchanges.
He added that the bank is working on mechanisms for the implementation of the project, it is expected to start at the beginning of 2017. He pointed out that the introduction of the new currency does not mean the destruction of ancient coins, but will continue to trade for about 10 years.
Abmisr.com
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| CURRENCY | CODE | SELL | BUY |
| US dollar | USD | 1184.000 | 1182.000 |
| Euro | EUR | 1229.584 | 1228.969 |
| British pound | GBP | 1455.018 | 1454.290 |
| Canadian dollar | CAD | 881.083 | 880.643 |
| Swiss franc | CHF | 1150.073 | 1149.498 |
| Swedish krona | SEK | 129.489 | 129.425 |
| Norwegian krone | NOK | 136.601 | 136.532 |
| Danish krone | DKK | 165.398 | 165.315 |
| Japanese yen | JPY | —– | —– |
| Special Drawing Rights |
SDR | 1582.534 | 1581.743 |