Welcome to the Dinar Observer – Daily. For regular Dinar Updates,  to see what the Dinar Gurus have to say, Dinar to USD listings, IQD and for Iraqi Dinar info – THAT MATTERS!! This is a good place to start for your Daily Dinar Recap – whether you are a Dinar vet or just looking for a little current Dinar info – Welcome.

Word for the day…

John 1:1 (NKJV)

1 In the beginning was the Word, and the Word was with God, and the Word was God.

Heavenly Father, Thank You for Your Word, The Bible. We are grateful for Your Word 🙂 In Jesus Name, Amen.

Mrs BGG

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CURRENCY CODE SELL BUY

Dinar to USD – Dinar Value – Iraqi Dinar “IQD” listing

Indicative rates – 10.21.2015

http://www.cbi.iq/

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How wonderful it is that nobody need wait a single moment before starting to improve the world. – Anne Frank

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*** Current Posts ***

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Parliament paving the way for the trial of Al-Maliki

Okaz (Baghdad, Amman) – Foiled the efforts of the Iraqi parliament, Vice President of the Republic article Nuri al-Maliki to get parliamentary immunity so as not to be subjected to any trial and the parliament rejected the resignation of a vice-Maliki’s bloc to allow him to return to the seats in parliament to be able to restore his parliamentary immunity. The Iraqi sources told «Okaz» The failure of Parliament for the return of al-Maliki to membership will open the door to his trial in the wake of the parliamentary committee investigating the cause of the fall, which found him guilty of Mosul report.

Read More: http://www.dinarupdates.com/showthread.php?22983-Parliament-paving-the-way-for-the-trial-of-Al-Maliki-10-20-2015
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tman23 (Dinar Researcher) – Article quote:  “…objections issued by the political blocs on the Prime Minister resolutions Atakzha including those related to ladder the new salary…”  EVERYONE is mad as h*ll over their salaries being cut…Not the reforms they were expecting.  But now if you take Massoum who was at $77,000 per month and now is at $8,000 per month…He is making 96k a year now…But if they drop the zeros and revalue with a rate of est $2.66 he would make about $220,000 usd per year…or 96,000 dinar.  Same goes for the low wage earner of 450k IQD at $2.66 it would put them at around $1,200 per month. The new salaries will begin next month (November).  They are coming with a rate…IMO.
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Frank26 (Dinar Guru) – IMO – as we near closer to the new rate…Iraq is selling gold but not to the world …it is targeting someone very, very important. The CITIZENS!  Gold is being sold by Dr. Shabibi to the citizens of Iraq which will bring in the last 3-zero and will introduce the lower denoms. This is also help Iraq with their reserves. The selling of GOLD will also pull USD’s off of the street!  Dr. Shabibi knows exactly how many 3-zeros are out there (IMO).  I have something else to tell you…Dr. Shabibi is the director of the CBI and he wanted to raise the value of the dinar back in July but he and Abadi agreed that the timing wasn’t right. Security wasn’t right.  …we told you (IMO) that we wouldn’t see the RI until next year…and [Guru] Delta said the end of this year. Teams say that both of us are correct…perhaps more like the end of the year.  (That’s what Dr. Shabibi wants).
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Millionday – PARLIAMENT IS REPORTING AS OF TODAY`S NEWS THAT THEY ARE WORKING ON THE INVESTMENT LAW VOTE.  THEY ARE FINISHING THE AMENDMENTS ONE AT A TIME.  SOME VERY IMPORTANT ONES ARE DONE AND SOME MORE ON THE WAY — THIS IS THE VOTE SO READINGS ONE AND TWO ARE DONE. THIS IS HUGE PROGRESS FOR IRAQ — I AM EXCITED.
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DinarUpdates.com News Time Chat 10-20-15 PM Part 1 of 2

Thanks to Dinar Detectives for a post and Dinar Recaps for posting this in their BLOG

Welcome to dinarupdates.com for News Time with Millionday!!

Millionday: WE HAVE A LOT OF NEWS TONIGHT — WHOOPOW

Millionday: A member of the parliamentary finance committee Jabbar Abdul Khaliq said that funds deposited in the Banking Act will begin soon after the completion of Sitagh some paragraphs in line with the government’s economic direction.

Millionday: He said Abdul Khaliq’s (IMN) “This law will protect the citizen’s money from being lost, where would compensate citizens in the event of the loss of National Bank deposited with him this money, as well as the arrest of the bank manager and held accountable legally and his prosecution,”

adding that “in the past, the court only by virtue of the bank manager and his detention without compensation from the owner of the money deposited, as previously happened in some private banks.
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Read More: http://www.dinarupdates.com/showthread.php?22968-Millionday-News-10-20-15
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tman23 (Dinar Guru) – The Investment Law is now a foregone conclusion…They will pass it if it already didn’t pass.   They have the new salaries in place, the tax laws, the tariff and custom laws, the anti money laundering law…These all deal with monetary issues.  I have been on this law since June of 2014 and for good reason. It is not a problem, it is a delay for reasons of timing…be that getting other laws in place first etc..etc… BUT I have good information that says it is not a debate issue inside Parliament.  Note that the salary adjustments and other numbers floating around indicate that a IQD rate of $2.66 would put them around the international standard…I think we are all ready to move on to new horizons…And it appears that Iraq is ready for new horizons also.
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Delta (Dinar Guru) – Iraq can’t come out of the hole unless they do something. We all know what the SOLUTION is…Article 8…currency reform…print in the Gazette…investors will then inject lots of money into the country. Again…nobody knows the date.  What we do know is that Iraq is running out of time. Just sit back and watch what happens. IMO – they must act fast!
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Iraqi Dinar/Dollar auction (from) 10-21-15

Currency Auctions Announcement No. 3058 (most recent listing) 

This daily currency auction was held in the Central Bank of Iraq on the 10-21-2015

The results were as follows:

More: http://dinarupdates.com/blog/
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Bluwolf (Dinar Guru) – A dear friend feeling discouraged, wrote to me and informed of how both he and many others have lost all hopes on this blessing…  Answer, there are 28 million folks who own dinars and wasn’t supposed to know according to all governments. They have tried everything so that you would loose your hopes and aspirations… I know that after 14 years we are finally seeing the fruit of our suffering taking heed…This is here my friend…
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Kaperoni (Dinar Guru) – I hope your wrong Mike, as I see the news media has reported such on a few sites.  But the parliament website itself has not.   The official press statement from the parliament website is clear…next session.  And the next session is tomorrow (20th).  And I would hope that the parliament site would have the most accurate information.
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Millionday – [Are their more amendments to this investment law? Will they do them all or drag it out one by one?]  THEY HAVE STATED IT WILL GO THROUGH AS ONE LAW — WHICH LEADS ME TO BELIEVE BY WHAT I HAVE READ — THEY HAD THESE TWO AMENDMENTS TO GO OVER/CHANGE — THEY ARE ALREADY PROMOTING THEIR INVESTMENT LAW AS A HUGE BONUS FOR INVESTORS.
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“Round Table” Dinar Call!!

“for Dinar News – that MATTERS!!”
from Tuesday 10/20

Smart phone user link – Click here

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Commercial Solicitation

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The Exchange Rate of Foreign Currency in Economic Feasibility Studies 

Below are the central controls related to the exchange rate of the foreign currency to convert the project inputs and outputs from foreign currency to its equivalent in the local currency, and that is by calculating the net discounted present value standard and the internal return on investments in economic analysis that governs investment projects that costs excess one million dinars.

Estimate the shadow price of foreign currency:…

3.      Estimate the amended exchange rate of the Iraqi dinar to be used in technical and economical feasibility studies and for (1.134) dollar per dinar. This price should be approved for 3 years until re-appreciation by the competent authorities.

Read More: http://dinarupdates.com/blog/
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