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…

Psalm 91:4 (NKJV)

4 He shall cover you with His feathers,
And under His wings you shall take refuge;
His truth shall be your shield and buckler.

Heavenly Father, thank You for Your Truth! Thank You that You are our Shield and Buckler! Thank You for covering us with Your feathers and that we have refuge under Your wings 🙂 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 – 11.23.2015 

http://www.cbi.iq/

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As long as we may think as we will, and speak as we think, the condition of man will proceed in improvement. – Thomas Jefferson

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*** Current Posts ***

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DinarUpdates.com News Time Chat 11-23-15 PM Part 1 of 3

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: The joy of pumice Refer experts lack the cash economy in a market trading day to the weakness of individuals the confidence of the sector of the Iraqi banking, the impact of fiscal policy in the liquidity available in the market size through realized spending in the framework of the implementation of the general budget annually, calling for work to restore confidence in the sector It is important. and caused the lack of financial revenue earned from the oil sector due to a global decline in prices, pressing the government spending, which led to monitor most of the revenues and operating budget for the provision of wages and salaries in return investment projects that promised one of the challenges that have affected the lack of cash in circulation monetary stopped.

Millionday: NOTE — THEY ARE TALKING ABOUT THE NEED TO BRING CONFIDENCE BACK TO THE BANKING INDUSTRY

Millionday: NOTE — THE PROBLEM IS THE LACK OF THE CASH ON THE STREETS AND THE STALL IN PROJECTS ETC FROM THE BUDGET NOT BEING ACTIVATED

Millionday: The operational budget is estimated at next year’s budget in 2016 by more than 83 trillion dinars, or about 80 percent of the support of the general budget revenues. In this regard, said economic expert on behalf of Antoine: The «exacerbate the issue of lack of liquidity in the local market at present, has formed a burden on the citizens, as led to the failure of some banks to pay some depositors benefits they have to pay some companies salaries ».

Millionday: NOTE — OBVIOUSLY WORRY IMPACTS THE MARKET AND ALL FINANCIAL CONFIDENCE
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Read More: http://www.dinarupdates.com/showthread.php?25426-Millionday-newstime-11-23-15&p=137976#post137976
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Kaperoni – Article:  “Central Bank: foreign currency reserves within international standards“  By all reports the CBI has 32-39 trillion dinar in circulation. This is nothing really new. The article is simply stating they have enough CBI reserves to cover this 1.7 times or about $65 billion dollars. Where exactly that dinar is, is hard to tell…since banks clearly stated they don’t have liquidity, it could be in the CBI stacked up, or it could be in mattresses.
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tlm724 (Dinar Guru) – Article quote:  “The Central Bank rejects a parliamentary proposal to pay part of the salaries of staff in dollars”  “Keywords and added, “We as a central bank refused this thing for two reasons, the first being a threat to the country’s sovereignty because the currency is the dinar, the national currency,” adding, “The second reason is that the process leads to a significant reduction reserve“.  Sure am glad he knows that, we don’t want them to pay in dollars, we want the dollar outta there.
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Mnt Goat – The rate can not and will not stay for long and is only an incentive to turn in the 3 zero notes in exchange for the NEW lower denoms. At this time they will announce a CUT-OFF date also and the 3 zero notes will no longer be legal tender in the Middle East.  I SAID IN THE MIDDLE EAST…not the rest of the world. They also want to convert over to the lower denominations (the new Iraq permanent currency) prior to the full blown RV as much as possible.  As I have said many times over and over to watch for the project to “delete the zeros” and other signs and our RV is close at hand. Now we are witnessing the most significant sign of all these signs as it is the final stage of the implementation of the process for their plan.   [post 2 of 2]
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DinarUpdates.com News Time Chat 11-23-15 PM Part 2 of 3

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: He pointed out that this measure is part of a project to restructure the currency, pointing out that it is long overdue fact that the need has become urgent for the issuance of the biggest and high Akiem categories such as 100 and 200 thousand dinars, similar to neighboring countries and the world and put them circulation has been suspended as a result of rising incomes Mayshl banks and people work to end either.

Millionday: NOTE — THIS IS NOT ABNORMAL IN MANY COUNTRIES AS THEY USE THEM TO BACK THEIR CURRENCY VALUE AND THEY WONT BE IN CIRCULATION

Millionday: In a question »Sabah» whether there are stocks of the dollar offset the new currency Ulkipaia explained that the lack of possibility of currency issuance in the countries responsible unless offset by stocks of the dollar, gold or cash reserve pointing out that at the time of the former regime was printed banknotes without that there will be a stock of hard currency from the fact that the country was trapped and has no contact with other countries.

Millionday: NOTE — IN THE PAST IRAQ DID NOT HAVE HARD BACKED CURRENCY — THE NEW CURRENCY WILL BE BACKED UP BY US STOCKS — CASH OR GOLD

Millionday: The academic pointed d. Falah Thuwaini that the aim of the new edition is to reduce the quantitative content (numerical), saying not all modern edition is a new cash issue increases the amount of money supply, explaining that if it were printed will alone billion dinars from the category of 6000 dinars, or 10 000 dinars, or even 25 000 dinars possible that this billion itself is to be 50 000 class or 100 000 dinars, adding the possibility that there is a Ward acceptable to lead such a move to inflationary expectations in the case of a new version for multiple purposes to Aadamh up or cover concern appropriately.
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Read More: http://www.dinarupdates.com/showthread.php?25426-Millionday-newstime-11-23-15&p=137976#post137976
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Mnt Goat – …they will have to launch the LOWER DENOMINATIONS very soon along with a significant increase in the rate of their currency. Why? Because they need to collect these 3 zero notes and they need to do it now thus must give the citizens an incentive to do so. The incentive is to make them worth more than the US dollar. The plan is to increase the value to 90 cents – $1.14.  You will probably not see this rate at the exchanges as it will happen suddenly and IS NOT THE RV.  THIS NEW RATE IS NOT THE RV nor is it a FLOAT. It is simply the CBI determining to raise the value of the dinar and is an in-country rate increase. It is a temporary measure as the full RV will follow 4-7 days later.   [post 1 of 2….stay tuned]
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firefly – We are NOT waiting for laws. They were amending old laws, NOT creating new ones.  IMO they won’t even tell us when they are/were activated.  Much of what I am reading on international sites hints that many are already activated.  […and art 140 is rearing its head again?]  I’m not concerned about article 140.  Yes, it is HUGE in Iraq and will help them immensely but what does it have to do with a international monetary reform?  [the way i get it is we wont see an rv till between jan and june of 2016, but i could be wrong?]  According to the UN, US and Iraq reform agreement, there is an end date!  IMO, it’s all about timing now.
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Kaperoni – Article:  “Central working on the application of parallel policy to keep prices and curb inflation”   Iraq needs money, they are going to be forced one way or another to activate the tariffs, market economy, and follow the IMF.
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Iraqi Dinar/Dollar auction (most recent listing) 11-23-15 

Currency Auctions Announcement No. 3079

This daily currency auction was held in the Central Bank of Iraq on the 11-23-2015

The results were as follows:

More: https://dinarupdates.com/observer/
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Millionday – THE NEW ECONOMIC REFORM IS IN THE 2015 AND THE 2016 BUDGET…ALL REFORM IS TO MAKE THEIR PRIVATE SECTOR MORE PRODUCTIVE AND SUCCESSFUL IN THE >>>GLOBAL MARKET <<<.   ALL OF THE MOVES THIS INGENIOUS PLAN HAS PRODUCED IS TO TRANSITION TO THE GLOBAL MARKET AND ENTER THE GLOBE AS A DEMOCRATIC EXAMPLE FOR THE REGION THEY WILL BE DOING MUCH OF THEIR BUSINESS IN — HUGE.   ONE OF THE TOOLS THAT HAS TO BE PUT IN PLACE IS THE INTERNATIONAL EQUATION WHICH IS REALITY AND FAIR TRADE ACCORDING TO ACTUAL WORTH IMO.   UNDERSTAND HE IS TALKING ABOUT WHAT WE HAVE BEEN WAITING TO SEE —IRAQ GOING GLOBAL TO A FREE MARKET ECONOMY — GLOBALIZATION.  [post 2 of 2]
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Millionday – Article quote:  “Managed (State – components) of the framework of its new economic characterization as a system (Riei- liberal) alternative economic system (state – the nation), a system (rent-Central) based on the severe state capitalism Central…”   THIS…IS THE ANNOUNCEMENT FROM SALEH ABOUT THE MOVE FORWARD TO A MARKET ECONOMY.  SALEH IS ANNOUNCING THE NEW ECONOMIC SYSTEM — RENT-CENTRAL — CAPITALISM.   THE LAWS ARE THERE…THEY NEED TO ALL BE ACTIVATED ALL AT ONCE.  [post 1 of 2….stay tuned]
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wmawhite – I am thankful that the CBI and IMF are…using sound judgement and fiscal policies to bring the Iraq Dinar back into the global markets.  Also, when the IMF tells the world that Iraq will be re-entering the global market before the first half a 2016…I am excited.
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DinarUpdates.com News Time Chat 11-23-15 PM Part 3 of 3

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: Prime Minister Haider al-Abadi, Sunday, with the head of the United Nations Mission in Iraq, Jan Kubis security and political situation in Iraq and the recent reforms launched by al-Abadi. Ebadi said Office in a statement, said that ‘the Prime Minister received in his office today President of the United Nations Mission in Iraq, Jan Kubis’, noting that’

Millionday: NOTE == PRESIDENT OF THE UN MEETING —

Millionday: During the meeting, they discussed security and political situation of the country and the situation of displaced persons and the return of families to the liberated areas and reconstruction and providing services to them, in addition to the importance of the international community to support Iraq in its war against terrorism ‘.He added that the two sides ‘discussed the recent statement of the Security Council to stand with Iraq in its war against terrorism and supporting the reforms that led Abadi’.

Millionday: SO IMO THEY ARE IN GREAT NEED OF THE BUDGET IN ORDER TO DELIVER THE BENEFITS AND THE REFORMS THEY ARE DISCUSSING — KEEP IN MIND THAT ALL IRAQI CITIZENS ARE NOT IN IRAQ THAT ARE RETIREES , WIDOWS, MILITARY, STUDENTS , AND THE LIST GOES ON

jwjd: MD can you go back to the Congress piece? I didn’t understand what that was meaning. Can you put it into more simpler terms?

Millionday: THERE WAS A REPORT OUT THAT STATED OUR CONGRESS WAS HOLDING A MEETING TO DISCUSS REMOVING OUR EMBASSY FROM IRAQ AND DIVIDING IRAQ — THE REPORT WAS COMPLETELY FALSE AND ONLY OUT THERE TO CAUSE PROBLEMS IT APPEARS
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Read More: http://www.dinarupdates.com/showthread.php?25426-Millionday-newstime-11-23-15&p=137976#post137976
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tlm724 – Article quote:   “the governor of the bank on the Keywords in the (3 March 2015) that the project to delete the zeros existing project has been put into practice and that gave light Green to start with, “he said.” The project needs a period of time may extend to two years or more.”  Now I know you all remember this from March 3rd…the CBI gave the greenlight on the project. Needless to say we are seeing huge strides in the currency reform. We have since the IMF meeting and the IMF said if you want us to loan you money you will listen to us and do things the right way! Thank you IMF.
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