DINAR OBSERVER DAILY Oct 29th

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…

1 Corinthians 13:4-5 (NLT)

4  Love is patient and kind. Love is not jealous or boastful or proud 5 or rude. It does not demand its own way. It is not irritable, and it keeps no record of being wronged.

Heavenly Father, Thank You that You are Love! Thank You Holy Spirit for pouring Your love into our hearts! Thank You Holy Spirit for helping us to love others as You have loved us 🙂 We pray for opportunities to love today 🙂 In Jesus Name, Amen.

Mrs BGG

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CURRENCY CODE SELL BUY

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

CURRENCY CODE SELL BUY
US dollar USD 1166.000 1164.000
Euro EUR 1323.876 1323.214
British pound GBP 1801.703 1800.802
Canadian dollar CAD 888.991 888.546
Swiss franc CHF 1216.992 1216.383
Swedish krona SEK 140.438 140.368
Norwegian krone NOK 142.929 142.857
Danish krone DKK 177.473 177.385
Japanese yen JPY 9.725 9.720
Special
Drawing Rights
SDR 1647.360 1646.536

Indicative rates – 10.29.2015

http://www.cbi.iq/

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Start by doing what’s necessary; then do what’s possible; and suddenly you are doing the impossible.
Francis of Assisi

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*** Current Posts ***

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Maliki will be tried and the judiciary cannot cover up for his crimes

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

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rcookie – THE AMENDMENT TO THE INVESTMENT LAW VOTED ON AND UNANIMOUSLY PASSED…THEY HAVE BEEN WORKING FOR 5-6 YEARS ON THE DETAILS OF FACILITY AND INVESTOR PROTECTIONS IN THE INVESTMENT LAW AMENDMENT THAT WAS VOTED ON …5-6 YEARS!…INCLUDING NATIONAL & INTERNATIONAL ARBITRATION…AND INVESTMENT AUTHORITY WILL ISSUE INSTRUCTIONS TO IMPLEMENT…WHY BOTHER TO LAY ALL THE GROUNDWORK TO IMPLEMENT THESE INTERNATIONAL BUSINESS, INVESTMENT AND PRIVATE SECTOR MECHANISMS IF YOUR CURRENCY IS NOT INTERNATIONALLY ACCEPTED…AND ARTIFICIALLY SUPPRESSED.
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Millionday – [So, they are planning on activating the market economy by mid 2016. So, that means that we will probably not see a rate change until that time, correct?]  I HAVE NOT SEEN 2016 BEING THE TIMELINE OF ACTIVATION — IN FACT INDUSTRY IS BEING ACTIVATED /LICENSED ACCORDING TO NEWS TODAY — LOTS GOING ON.  IRAQ HAS ASKED BP TO RAISE THEIR RATE OF WORK IN IRAQ — THIS IS BIG DUE TO CHINA AND BP SIGNED AGREEMENT IN SOUTH FIELDS.  THE DATE IS NOT RELEASED BUT IMO — AND BY MUCH IN THE REPORTS — ANYTIME.
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Mnt Goat (Dinar Guru) – How can they RV without getting rid of the Iranian influence, Maliki and his goons (political reforms).  How can they RV without cleaning up all the corruption in the ministries (political reforms).  How can they RV without getting rid of ISIS and under control (security reforms).  I AM TELLING YOU – ALL THESE PROJECTS ARE PART OF THE EEFORTS TO STABILIZE IRAQ.  It is all moving ahead with lightening speed but it is a process and contains many events that must be done prior to the RV now that the GREEN light has been given since last March.  There will be no RV until at least late December or early 2016 sometime. Just way too much intel telling us it could not happen until this timeframe.   [post 2of 2]
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Don’t Miss “NEWS TIME” in the DU CHAT ROOM – Friday evening at 7:30pm EST!!

www.DinarUpdates.com – save as favorite!!
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Mnt Goat (Dinar Guru) – How could you RV without the anti-money laundering law? (financial reforms).  How could you RV without the terrorist law? (security reforms).  How could you RV without an Investment law? (economic, financial and security reforms).  How could you RV without the National Unity Card? (security and economic reforms).  How could you RV without first setting up the Customs and Tariffs, ISX and printing the 50k and 100k notes? (economic and financial reforms).  How could you RV without launching the lower denominations at the banks? (financial reform).  How could you RV without the National Guard law (security reforms).   [post 1 of 2….stay tuned]
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Frank26 (Dinar Guru) – [When do I think I will see the LDs at the CBI?]  Next month they are…EXPECTED!  ITEAM just reported …We are very close.
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Adam Montana (Dinar Guru) – [Do you think it might be at all possible (if not probable) to have a RV, before a HCL agreement takes place?]   Yes, absolutely possible. I won’t say “probable” because it’s “probably” about a 50/50  chance it could go either way.  But if the HCL happens first, then it becomes 90/10 that the RV is within days, if not moments.
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DinarUpdates.com News Time Chat 10-28-15 PM

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: FIRST LETS LOOK AT TOMORROWS AGENDA

Millionday: WITH THE INVESTMENT LAW PASSED AND THE REPORTS WE HAVE IT SHOULD BE ALL ECONOMICAL AS WE EXPECT

Millionday: First, read verses from the Koran. Second: the vote on the draft law on ratification encouragement and protection of investments between the Government of the Republic of Iraq and the Government of the Republic of Belarus Convention on the Law.(Committee on Foreign Relations, the Committee on Economy and Investment), (2 article).

Millionday: NOTE — THESE ARE TRADE AGREEMENTS

Millionday: Third: The vote on the draft ratification by members of the diplomatic and special passport holders agreement and the service of feature access between the Government of the Republic of Iraq and the Government of the Republic of Azar Bijan law. (Foreign Relations Committee). (Article 2).

Millionday: NOTE — THE PASSPORT LAW –=-VERY IMPORTANT AND AGAIN TRADE AGREEMENTS

Millionday: Fourth: The first reading of the draft law on ratification agreement on economic and technical cooperation between the Government of the Republic of Iraq and the Government of the State of Kuwait law. (Committee on Foreign Relations, the Committee on Economy and Investment, the Finance Committee, the Committee on Health and the Environment, Committee Services and Construction). (Article 2).

Millionday: WHOOPOW — AGAIN TRADE AGREEMENTS ETC BUT THIS TIME WITH KUWAIT — MANY YEARS IT TOOK TO GET TO THAT POSITION

Millionday: Fifth: the first reading of the draft accession of the Republic of Iraq to the International Convention on the Law of the Prevention of Pollution from Ships for the year 1973 (the Foreign Relations Committee, Committee Services and Construction). (Article 2).

Millionday: Sixth: The first reading of the draft law of the Fourth Amendment to the Civil Aviation Law No. (148) for the year 1974. (Commission services and reconstruction). (Article 9).

Seventh: The second reading of a bill defining the mandates of the three presidencies. (Legal Committee).(Article 8).

Millionday: NOTE — OBVIOUSLY VERY IMPORTANT — THE THREE PRESIDENCIES — MANDATES — ALSO AVIATION AMMENDMENT FROM 1974

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Read More: http://www.dinarupdates.com/showthread.php?23365-Millionday-newstime-10-28-15
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tlm724 (Dinar Guru) – Article quote:  “Today We, the undersigned declare that the statement of the members of the bloc coalition of state law that we are after today we are no longer responsible for the decisions of the Prime Minister…”  the writing was on the wall!  Maliki is up to his nasty tricks and is leading the charge to bring down Abadi!   it really comes as no surprise that we would see some sh.. stirring because Abadi’s GOI is actually making progress! AML and investment laws are done! Even though things are far from perfect this government is much better then Maliki and Najafi could have ever hoped for!  the good news is this, PM Abadi has the backing of the supreme religious leaders and thats powerful!
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Mnt Goat (Dinar Guru) – …all indications show the bulk of the immediate reforms necessary for our RV are all almost but done.   The most evident news today comes from the passing of more of the needed reform laws. Do I believe we are very close to an RV?  YES…  …the investment law was first conceptualized in 2006.   Just yesterday it was passed by parliament and in the same day ratified by the president of Iraq. Why did it take so long to implement? The answer – IT WAS PART OF THE CURRENCY REFORM PROJECT. They now have the green light to go ahead.   [post 2 of 2]
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Mnt Goat (Dinar Guru) – Why has the CBI held off in launching the new lower denominations paper and coins (permanent) currency of Iraq? ...they must wait until the optimum timeframe to do so. But this will be a signal to us that the RV has happened in Iraq or is very close at hand. This is the process and the plan.  IT IS PART OF THE CURRENCY REFORM PROJECT.  …this week we just witnessed yet another amazing law get passed by parliament. The National Unity cards law is now official. Why are they doing this national identification card?  IT IS PART OF THE CURRENCY REFORM PROJECT.  [post 1 of 2….stay tuned]
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Zamili calls for Maliki to surrender to eliminate

The head of the Commission on Security and Defense parliamentary of quitting, that the report of the fall of the city of Mosul, however, terrorists organization “Daash” Send to many judicial bodies and Aeetmkn one of the covered up, as called for by former Prime Minister Nuri al-Maliki to surrender himself to crack, revealing being pressured countries and ambassadors and political figures not to the names of some political figures convicted include the file in the report…

…He called Zamili Former Prime Minister Nuri al-Maliki to “give himself up to the judiciary to show Are innocent or guilty,” returned Mosul report “as significant and should not leave it.” Promised security system management in a period of eight years of rule by former prime minister Nuri al-Maliki to “bad management of the system’s mission and sensitive”….

…He noted that al-Maliki, “put in these security systems are people who have no relationship to security and did not work in security and direct missions manages an important detail in the intelligence service or the Ministry of the Interior and the Director General in the Ministry of Defense.”

…”noting that” those who were running these ministries are corrupt and bad.

…”He said “The former prime minister Nuri al-Maliki was for a period of four years, runs the defense and interior proxy, and as a result he failed to manage it in lost differences partisan as well as problems with the Kurds and with the Sunnis and the Sadrists and the Supreme Council,” noting that it “gave the image that Maliki wants to control everybody.” and between , it’s “this period emerged from decades of corruption and bad administration and slouch and a legion of aliens.”

Read More: http://www.dinarupdates.com/showthread.php?23354-Zamili-calls-for-Maliki-to-surrender-to-eliminate-10-28
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Millionday – Article quote:  “economist d. Qusay al-Jabri that he could look at economic reform as a package of policies that work to make local expenses consistent with the available resources, and through finding a consensus between the financial, monetary and trade policies and exchange rate to ensure a holistic request fits and composition of the display overall.”   THE ECONOMIC REFORM REQUIRES ADOPTING AND STIMULATING POLICIES THAT IMPROVE THE USE OF RESOURCES BY — REMOVING DISTORTED PRICES —  MOVING TO A COMPETITIVE MARKET.  OBVIOUSLY THIS IS REFERRING TO THE POLICIES THAT MOVE IRAQ TO A MARKET ECONOMY THROUGH THE ACTION OF REFORM FOR NATIONAL STABILITY WITHIN IRAQ AND INTERNATIONALLY.  THE PROGRAMS ACHIEVE BALANCE THROUGH THE IMPACT OF EXCHANGE RATES AND TRADE…THIS INCLUDES THE DINAR VALUE AND PRESERVATION — THE GOAL IS TO BALANCE THE DEMAND AND GDP TO GAIN STABILITY…THIS ALL HAS TO DO WITH BALANCE OF THE EXCHANGE RATES FOR THE MARKET ECONOMY…HUGE.
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Adam Montana (Dinar Guru) – I’ve been keeping a very close eye on things over the last couple weeks, and I’m liking how things are going right now.  The bad news is we don’t have an RV… but the good news is they are kicking things around in ways that make me think we’re approaching some movement. You know how meteorologists watch winds and air pressure and all that, and even though they might not be right all the time… they can generally predict when a storm is coming, right? This time in history is like that. Weatherman Adam Montana is looking at the barometric pressure and other signs, and it looks like a storm is brewing! And to that, I say, “Bring it on, Iraq!
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Poppy3 – […so the investment law passed…  printed…in the gazette?]  ALL BEING PUBLISHED IN A SPECIAL EDITIONS IMMEDIATELY AFTER THE VOTE ACCORDING TO SOURCES. 
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The parliamentary economy suggests a new currency to address the economic crisis

http://www.dinarupdates.com/blog/

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Dinar flashback

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 – see first post in this Thread: http://www.dinarupdates.com/forumdisplay.php?5-Current-Iraq-NEWS
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