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…

Ephesians 4:32 (NKJV)

32 And be kind to one another, tenderhearted, forgiving one another, even as God in Christ forgave you.

Heavenly Father, Thank You for Your forgiveness! We ask you to help us to continue to be kind, tenderhearted and forgiving as You have forgiven us. Thank You Holy Spirit for Your help and power! In Jesus Name, Amen.

Mrs BGG

______________________________________________________________

CURRENCY CODE SELL BUY

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

Indicative rates – 11.21.2015 

http://www.cbi.iq/

______________________________________________________________

The right to be heard does not automatically include the right to be taken seriously. – Hubert Humphrey

______________________________________________________________

*** Current Posts ***

______________________________________________________________

Poppy3 – […do you think the dong will also revalue as some say?]    I HAVE A FRIEND WHOS BROTHER LIVES THERE AND HIS REPORTS HAVE BEEN ACCURATE.  HE SAYS IT WILL HAPPEN TOGETHER FROM STATEMENTS FROM HIS BANKER.
______________________________________________________________

Follow us on twitter @DinarUpdates !!

Don’t Miss “NEWS TIME” in the DU CHAT ROOM – Sunday evening at 7:30pm EST!!

www.DinarUpdates.com – save as favorite!!
______________________________________________________________

Millionday – Article quote:  “…the State heading now towards investment in the private sector and encourage industries and trade, and open market GDP to maintain our industries and support...”   THIS IMPLIES THAT THEY WILL BE USING THE PRODUCTS THAT APPLY TARIFF/CUSTOMS/ CONSUMER PROTECTION ETC — AND IT SAYS NOW.  WITH THE EXTENSION OF PARLIAMENT AND THIS BEING THE REDENOMINATION PERIOD AS STATED BY SPEECH FROM CBI AND WITH THE ANNOUNCEMENT OF THE RELEASE OF LOWER DENOMS — THE INVESTMENT LAW DONE — THE TARIFF AND THE BUDGET FOR NEXT YEAR READY FOR VOTE YESTERDAY…THIS IS VERY EXCITING TO SAY THE LEAST…A HUGE WHOOOPOW.
______________________________________________________________

Poppy3 – FROM PREVIOUS SOURCES A COUPLE YEARS AGO…GLOBAL ECONOMY…TAKES APPROXIMATELY 5 MONTHS AT BEST AND THAT REQUIRES A RATE BEFORE THE 5 MONTHS PERIOD IS TO START…MEANING IF THE BACK DOOR DEADLINE SET BY THE IMF/WB IS JUNE 15, 2016 THEY GOT TO GET STARTED WITH A RATE WITHIN THE NEXT 5 TO 6 WEEKS.   TIME WILL TELL. I MIGHT ADD THEY ALSO HAVE TO REACH THAT SAME DEADLINE TO GET THE MONEY RELEASED FOR THE BILLION DOLLAR LOANS THEY GOT APPROVED FOR.  I AM EXCITED.
______________________________________________________________

firefly – IMO, the WB, IMF and UN is running the show. When the timing is right (which in my opinion is very close)…The CBI will do what needs to be done!
______________________________________________________________

Millionday – Article quote:  “…Central Bank intends to implement is to issue less cash currency of category 250 dinars, and a new edition to the category of 500 dinars.”   CBI IS RELEASING DENOMINATIONS THAT ARE LESS THAN 250 DINAR NOTE — ADD IN A 500 DINAR NOTE.  THIS IS ALL PART OF THEIR NEW PLANS AND TO FILL THE MARKET NEEDS.  THE COMPLETE MONETARY STRUCTURE INCLUDES THE DEVELOPMENT OF A HIGH VALUE FOR THE DINAR AND ALSO SMALL DENOMS AND INCLUSION OF A 50,000 DINAR AS DESIGNED.   WHEN THE IRAQI SMALL DENOMINATIONS ARE RELEASED DUE TO A CHANGE IN PRICES AND THE RAISE TO A HIGH VALUE FOR THE DINAR — A RESULT OF THAT WILL BE THE RELEASE OF INTERNATIONAL VALUES/PRICES FOR THE DINAR…THEY DID NOT GIVE A DATE — HOWEVER ACCORDING TO WORLD BANK IT IS URGENT.
______________________________________________________________

DinarUpdates.com News Time Chat 11-20-15 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!!

poppy3: COMMENT GLOBAL ECONOMY FROM PREVIOUS SOURCES A COUPLE YEARS AGO TAKES APPROXIMATELY 5 MONTHS AT BEST AND THAT REQUIRES A RATE BEFORE THE 5 MONTHS PERIOD IS TO START .

MEANING IF THE BACK DOOR DEADLINE SET BY THE IMF / WB IS JUNE 15 2016 THEY GOT TO GET STARTED WITH A RATE WITHIN THE NEXT 5 TO 6 WEEKS ????

TIME WILL TELL.

I MIGHT ADD THEY ALSO HAVE TO REACH THAT SAME DEADLINE TO GET THE MONEY RELEASED FOR THE BILLION DOLLAR LOANS THEY GOT APPROVED FOR ???? I AM EXCITED .
~~~

Read More: http://www.dinarupdates.com/showthread.php?25154-Millionday-newstime-11-20-15
______________________________________________________________

Kaperoni (Dinar Guru) – Article:  “Parliament Decides to extend its sessions to the 23 of this month”  There is no details to this article but I get the impression we may be in for a holiday month long break at parliament.  Hope not.
______________________________________________________________

Mnt Goat (Dinar Guru) – …about the second week in November they began ramping up the news with a series of articles on the process to delete the zeros and have not stopped since.  – they told us of intentions to gradually wean off the currency auctions and FLOAT the dinar  – they introduced the project to delete the zeros to us again and explained it in detail  – they then told us they were ready to begin the process thus launch the 50k notes.  So we are now witnessing the end to this project. The final steps.  They are even telling us they are going to launch the $500 dinar.  A 500 dinars note was issued in October 2004 so I think they are just issuing a new edition with more security features and maybe Kurdistan symbols on it.  The Next Step after launching these lower denoms is the raising the value and putting the dinar on the FLOAT currency regime. This they tell us will complete the process, it is the completion of their currency reform.
______________________________________________________________

mike (Dinar Guru) –   …as far back as 2012, the plan didn’t include the 50k, that’s a new change that came up in the recent past.  I’ve got reports from the Ministry of Planning, a report to the Special Inspector General for Iraq Reconstruction, a report that’s submitted to Congress saying the note was going to be worth 50k, not a 50k itself.  I realize that’s not the plan, now.  ISIL and the price of oil have gummed up the works and apparently, the only way they can get something done is to have the IMF come in and set things right, move to Article VIII and get some value added to the dinar.  …I just don’t believe it’s always been the plan.
______________________________________________________________

wmawhite (Dinar Guru) –  [Why mint new coins when they never used the old ones…?]  They are printing notes or minting coins…because they know they are going to need them in the near future. The CBI has already told you what you ought to know…as well as the IMF.  The CBI owns the currency and the IMF has told the world that Iraq is re-joining the global markets prior to the first half of 2016.
______________________________________________________________

DinarUpdates.com News Time Chat 11-20-15 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: OK I’M BACK AND WE HAVE LOTS OF IMPORTANT NEWS TO LOOK AT

Millionday: IT SEEMS SO MUCH IS GOING SO FAST NOW ESPECIALLY WITH THE 30 DAY EXPANSION OF THE PARLIAMENT SESSION — WHOOOPOW

Millionday: GOOD TO SEE YOU ALL WELCOME TO NEWS TIME

Millionday: Al-Sabah stressed the three presidencies on the need to speed up the passage of the draft budget for fiscal 2016 Act, calling for the development of peaceful co-existence between citizens and stay away from the climate of tension and stress.

According to a presidential statement received «morning» the «President of the Republic Fuad Masum, the Prime Minister Haider al-Abadi and Parliament Speaker Salim al-Jubouri, gathered at the Peace Palace in Baghdad », indicating that took place during the meeting«
~~~

Read More: http://www.dinarupdates.com/showthread.php?25154-Millionday-newstime-11-20-15
______________________________________________________________

tman23 – Those that believe the HCL is the key to seeing monetary value change…NOT EVEN CLOSE!
______________________________________________________________

Kaperoni  (Dinar Guru) – Article quote:   “The National Investment Commission announced on Thursday that its chairman , Sami al-Araji, as the representative of the Republic of Iraq has signed with the International Center for settlement of Investment Disputes (ICSID)…”  IMO, this is a big deal!   Iraq has signed this deal in anticipation of international investment!  When you talk to anyone who is in a position to invest in Iraq, they always say they want laws to protect the investor, insurance to protect the funds and some sort of arbitration if something goes wrong, as well as the ability to get profits out.  And IMO, this signing of the ICSID is another very good piece of the puzzle.  With the recent amendment to the Investment Law, discussion about passing banking insurance, the IMF MoU to remove exchange restrictions and now this, we may well be on our way to seeing that “wild west” of investment begin in Iraq.  Only good things then can happen to the dinar.
______________________________________________________________

Frank26 (Dinar Guru) – They have LD’s coming, they have coins coming out…they have laws coming out…the budget is ready for 2016…they have Maliki up against the wall…the international community is going ballistic getting ready…and when they enter this RI into the RV phase you may not see this…and I don’t want you to see this…you don’t need to run to the banks then…this is for the whales and sharks…let them eat at that low rate.  The lifting of the value of the Iraqi dinar is here…you are at that final stage…you are actually beyond that final stage.
______________________________________________________________

rcookie (Dinar Guru) – THE LIQUIDITY OF DINAR CURRENCY IN CIRCULATION FOR TRANSACTIONS IS INADEQUATE…AND ULTIMATE STATED GOAL IS TO REDUCE DEMAND FOR THE DOLLAR WHILE CURBING INFLATION...AND PART OF DELETION ZEROES PROJECT…AND BASICALLY LIQUIDITY MANAGEMENT TOOL.
______________________________________________________________

SteveI (Dinar Guru) – Article quote:  “It confirmed the three presidencies, to speed up the passage of the draft budget for fiscal 2016 Act.”  Very good news. I …love the progress! December is looking better and better, but first quarter 2016 is looking awesome as well.
______________________________________________________________

If you found this blog, our website or chats helpful – Forward it to a friend!! We couldn’t do it without you!! Thanks – BGG!!

www.DinarUpdates.com