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 1:14 (NKJV)

The Word Becomes Flesh

14 And the Word became flesh and dwelt among us, and we beheld His glory, the glory as of the only begotten of the Father, full of grace and truth.

Heavenly Father, thank You for sending Jesus! Thank You for Your Grace & Truth! 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 – 10.22.2015

http://www.cbi.iq/

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In the end, we will remember not the words of our enemies, but the silence of our friends. – Martin Luther King Jr.

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*** Current Posts ***

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Aggiedad77 (Dinar Guru) – Article:  “Conscious / parliamentary Economy: Investment Law will happen quantum leap in Iraq’s revenues”  What an interesting choice of words here…”quantum leap” in revenues for Iraq…why…due to the Investment Law and the amendments that are currently being worked on in Parliament…get these amendments wrapped up and on the books and the investors are sure to follow…and along with them…will come bank accounts that are full of money that is drooling to be of assistance to Iraq and the many projects that have been put on hold for a significant time now…these amendments will be eliminating a great deal of red tape and a large potential of corruption from the past…this is a very good improvement for investors looking at Iraq.
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Frank26 (Dinar Guru) – I call it a LAVA FLOW for a very good reason.  Have been SHARING that the last 3 weeks to be…S …L…O…W.   But may I suggest that after next MONDAY…THE LAVA FLOW WILL BECOME LESS VISCOUS…It will run at a much Quickened Pace!  In fact may I suggest that the viscosity lessens starting today…Yellow Light.  Iraq will be off the USD by 1/1/16.  AND…Last night the Integrity Commission announced Tuesday the arrest against others of the current Ministry of Commerce a number of Director’s Generals of The Ministry.
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wmawhite (Dinar Guru) – the Investment Law is about “investments”…the change in the value of the IQD is totally related to the exchange rate of the IQD relative to other currencies. Such as: IQD to GBP, or IQD to EUR, etc.  All of these laws are need for the future because that is when these investors will arrive. RI/RV is for the present …Laws are the future.
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Hamoudi demanding integrity to reveal the rest of the ministries files smugglers funds

BAGHDAD / Center Brief for the Iraqi Media Network (IMN) – the price of the Presidency of the Council of Representatives member Hamoudi bold and courageous steps taken by the Integrity Commission to open the files of corruption on a wider range and access to influential people and decision…

Read More: http://www.dinarupdates.com/showthread.php?23010-Hamoudi-demanding-integrity-to-reveal-the-rest-of-the-ministries-files-smugglers-fund
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Adam Montana (Dinar Guru) – [Is the old issue between the Kurds and Iraq the holdup (17%, religious history) , or are they just hammering out the final details?]  IMO, the religious history is no longer the major factor that it used to be.  What we are witnessing is a hammering of the details, and the hammering is getting good.
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Aggiedad77 (Dinar Guru) – I’m excited…why…from what we see in the news today…it’s all good…Indeed the Iraqis seem to be on fire with the actions they are taking…I know some say oh this is the same old thing we’ve seen and heard for the last xxx years….well to you it might be…but IMO…we’ve never seen the lava this hot…this cherry red to catch your pants on fire…I’m pumped up and excited as I have not been in quite a while.
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tman23 – Budget reached the House…They go on recess Nov 1st.  They need to have the budget done by Oct 31st.  If they do not they must stay in session until it is done and voted on. They are needing this Budget done ASAP!  2016 Budget (which includes oil agreement between Erbil and Baghdad). This would be Baghdads last chance to make good on paying Kurdistan the 17% of the budget. Kurdistan has lined up new options for exporting the oil outside of Baghdad. Time to pay the piper…BUT they cut salaries which has caused more demonstrations. TICK TOCK TICK TOCK…Value needs to come from somewhere… EXPLODE WITH RATE…OR IMPLODE BY DEBATE.
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DinarUpdates.com News Time Chat 10-20-15 PM Part 2 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: NOTE — THE LOANS WERE NOT ADEQUATE FOR THE ADVANCEMENT OF VALUE — WHOOPOW

Millionday: NOTE — THEY HAVE TO INCLUDE THE IMPORTS WITHIN THE FIGURES — THAT IS THE STATED REASONING AND ITS IMPORTANCE AS WELL — OBVIOUSLY FOR PROGRESS IN MANY AREAS AND REFORM

Millionday: NOTE — READ THE OTHER IMPORTANT REASONS THIS IS SO MAJOR

Millionday: He explained that the industry that have the ability to compete food Kalsnaat, you can create joint stock companies for the purpose of launching loans and bridging the country’s need of these products Kalolban, juices and other food from Canned Ajpas,

to enable the involvement of all industrialists even workers in the industrial activities of food and to ensure the creation of distribution opportunities for fair and productive to contribute in every province companies.
​ ~~~

Read More: http://www.dinarupdates.com/showthread.php?22968-Millionday-News-10-20-15
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Adam Montana (Dinar Guru) – But let me back up for a second… remember I said “don’t freak out”? I say that because even though this is great news, I don’t think we’re any less than a month out. This HCL movement is EXACTLY what we need, but based on my longtime observance of how things work in Iraq, I am confident that we will see a slowdown in news for about a month… and then BOOM! Something big is going to happen!  Yeah, I just did that… I am sticking my neck out and giving a timeline.  Maybe not for the actual final official RV, but we are looking at SOMETHING big, and soon.  I’m very excited right now! But I’m also patient, and I encourage you to do the same.  [post 2 of 2]
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rcookie (Dinar Guru) – Article quote:  “A Court of inquiry judge said money laundering in Baghdad Ayad muhsen Ligature in a statement…that “the Court issued arrest warrants for three of the defendants in the money laundering files”.  He said the ligature, “amounts that arise around suspicions that they were exposed to money laundering amounting to 69 billion dinars“.  ITS INCREDIBLE!  IMPLEMENTATION OF ARTICLE III OF AML ACT!  FULL LEGAL PROCESS AN ARRESTS MADE!  AND MORE IMPORTANTLY…THE MECHANISMS FOR INVESTIGATIVE.. TRIAL… AND PROSECUTION ARE NOW IN PLACE.  [Did they get M [Maliki] yet? IT IS A MATTER OF TIME!  THE CASE AND CHARGES ARE GROWING DAILY!   
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Adam Montana (Dinar Guru) – Over the last couple months I’ve been pretty solid on one thing: No HCL, No RV.  Pretty cut and dried, right? I’ve also been kicking around another angle on this deal…we’re not going to get a huge warning, or even a hint, that the RV is coming. In fact, the opposite is my opinion…So with that in mind, don’t freak out when you read this:  “Oil agreement between Baghdad and Erbil will be presented to Parliament!  The government has hinted it seeks the transfer of the oil deal with the Kurdistan region, which is hereby given region, its share of the budget for fiscal 2016 by 17% file, to the House of Representatives. …yesterday that the budget bill arrived at the Presidency of the Council of Representatives by the government to put on the agenda and approval. ”  That…my friends, has the potential to be the BIGGEST and BEST news we have seen since Chapter 7 was lifted. We are FINALLY starting to see some movement, and this is AWESOME!  [post 1 of 2….stay tuned]
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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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“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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