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…

Matthew 1:23 (NKJV)

23 “Behold, the virgin shall be with child, and bear a Son, and they shall call His name Immanuel,” which is translated, “God with us.”

Heavenly Father, Thank You for sending Your Son, Jesus! Thank You Jesus that You are Immanuel, “God with us”! 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 – 12.19.2015 (no change as of 12/17)

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It is time to restore the American precept that each individual is accountable for his actions. – Ronald Reagan

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*** Current Posts ***

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Millionday – [They certainly cant activate the Tariffs without a rate can they? Could they use the 1182?]  THEY WILL BE USING THE TARIFF FOR THE INTERNATIONAL MARKET — IT IS THE TAXATION THEY BENEFIT FROM WHEN ESTABLISHING THE IMPORT/EXPORT MARKET.   THE CALCULATED RATES AND VALUE IS NEEDED TO GO TO THE GLOBAL MARKET PER ECONOMICS AND FAIR TRADE IMO.   [post 2 of 2]
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Millionday – “Stressed the economic and investment commission member of the parliamentary Almamori proof, on the necessity of activating the law of customs tariff…”   IT IS TIME TO ACTIVATE THE TARIFF AND CUSTOMS FOR IMPORTS WITH THE MARKET ECONOMY — THIS IS FOR PRODUCTS AS THEY MENTIONED — RELIANCE ENTIRELY ON OIL WILL NOT CONTINUE.  THEY ARE ALSO READY TO ACTIVATE CONSUMER PROTECTION AND ACHIEVE THEIR PLANNED RATE OF INVESTMENT.   THIS IS GREAT SO THE TARIFF IS BEING ACTIVATED AS WE EXPECTED…THEY CALLED FOR IT TO BE ACTIVATED TODAY…   [post 1 of 2….stay tuned]
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Breitling (Dinar Guru) – I get this email a lot and please don’t take this personally, “I’m going through hard times…do you have a date and rate?  Make me feel good.”  I don’t.  I do have a rate based on the numbers that we are looking at and that’s it.   The best date that we have was before 2010.  In that year they were supposed to get out of Chapter 7 and what were they supposed to do?  what we’ve been watching…they were to start reducing the note count and it was going to be a 1 to 2 year process.  Just like the 1 or 2 year process we are going through now except it was supposed to start in 2010. [Stay tuned for the rest of the story… Post 1 of 2]
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sczin11 (Dinar Guru) –  Article quote:  “The World Bank said it had agreed to give Iraq a loan of one billion and two hundred million dollars to help Baghdad in controlling public finances and improve the efficiency of the energy sector and offset the decline in oil prices and the escalating costs of security conditions.”   THE ABOVE RELEASE IS FROM REUTERS, AND HAS APPEARED SEVERAL TIMES THROUGH THEIR INTERNATIONAL AFFILIATES.  …MONTHS AGO, LAST AUGUST, WHEN ALL THE NEWS WAS THE 60 DAY CONDITION ON THIS LOAN, THAT BEING THE APPROVAL/IMPLEMENTATION OF THE ANTI MONEY LAUNDERING LAW, THE AML…THINK ABOUT IT…THE PROCESS OF GOING AFTER THE CORRUPT…MAYBE THE ELIMINATION OF THE AUCTIONS…OBVIOUSLY THE WORLD BANK IS CONVINCED IRAQ IS ON COURSE TO ABIDE.
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Poppy3 – [IF IT HAPPENS SOMETIME IN THE FIRST QUARTER, HOW IS THE IXS CONFERENCE GOING TO WORK WITH A WORTHLESS CURRENCY.]  JUST LIKE THE REPORTED BILLIONS IN LOANS THEY ARE BEING APPROVED FOR NOW BUT ARE BASED STRICTLY ON PROJECTED RATES AN VOLUMES OF INVESTMENTS ALL PROJECTED INCOME AND NO FUNDS DISBURSED TILL NEW RATE IS IMPLEMENTED.
no $$$$$$$$$$$$$ will be released till they meet all the reform REQUIREMENTS.  I ASSURE YOU THEY HAVENT APPROVED THEM FOR A LOAN WITHOUT THE ASSURANCE OF A NEW RATE AND WAY FOR IT TO BE PAID BACK. 
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rcookie – [Why would the WB give them a loan w/o a rate to pay them back?]   BECAUSE AS IMF HAS ANNOUNCED…THEY WILL BE OPEN FOR BUSINESS…AND THE IMF IS HOVERING ON THEIR SHOULDERS TO MAKE SURE EVERY I IS DOTTED AND T CROSSED... EVERYTHING EXECUTED COPACETICALLY.   THE WB & IMF LOANS ARE IN THE BUDGET ALONG WITH TREASURY BONDS ALL TOTALING $12 BILLION TO PLUG THE $22 BILLION DEFICIT.
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Kaperoni (Dinar Guru) – Article:  “International Monetary Fund signed an agreement with Iraq to monitor the economy”   I think it is rather humorous that for years we have told everyone what the IMF plan is for Iraq. We do so with solid factual information printed right off the IMF website. And so many thought we…didn’t know what we were talking about…   It is though rather inspiring now that the IMF not only is running the CBI monetary policy, they are also orchestrating the economic policy and transition to a market economy.  Which will obviously be in line with the Article IV Consultations.
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firefly (Dinar Guru) – I’m not looking at the ISX, that will come after the fact IMO My focus is the auctions and the tariffs and taxes being activated.  Nothing else matters…Nothing.
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rcookie – HUGE…UNDER RADAR 16 BUDGET ARTICLES INCLUDED INCLUSION OF PESHMERGA IN FEDERAL SYSTEM AND GIVEN PERCENTAGE OF GROUND FORCES COMMAND BUDGET…ALONG WITH NEWS OF VOTE TO ADOPT FORMER OIL AGREEMENT BETWEEN ERBIL & BAGHDAD…THE UNDER THE RADAR AGREEMENTS CONTAINED IN THE BUDGET ARE AWESOME!
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Poppy3 – I CAN’T BE SURE, BUT IT APPEARS AS IF THE CBI HAS PUBLISHED A LIST OF CURRENCY VENDORS/BANKS, TO WHICH THEY ARE ISSUING ORDERS TO STOP PROCESSING/SELLING/DEALING IN THE DOLLAR.  …THEY ARE DEFINITELY MOVING TO GET TO USING EXCLUSIVELY THEIR DINAR FOR ALL TRANSACTIONS.   WATCH FOR RATE AND LDS TO SHOW ANY DAY NOW.  TIME WILL TELL BUT I FEEL VERY CONFIDENT WE ARE GOING TO HAVE A VERY HAPPY NEW YEAR.   2016 MAY JUST ROCK YOUR WORLD.
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Mnt Goat (Dinar Guru) – Iraq is meeting their commitments to pass needed legislature and the beginning of the new year seems to be moving upon us as time seems to be moving faster and faster.  We have great expectations for the first part of the first quarter of 2016 as a new RV window and it is just around the corner. Hang in just a little longer all you dinar investors.This IQD currency reform is about to come to a conclusion, at least the part that we want….lol…
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Breitling (Dinar Guru) – If you’re going to watch the Iraqi Dinar and you want to do it correctly then you want to do it by the numbers and by policy and that’s the only way you should do it.  There’s these articles coming out about the 50k and 100k notes and every time the articles come out people think according to the CBI it’s a different scenario or it’s a different definition than we read three months ago…it’s the same thing!  Nothing has changed.  The Ministry of Finance, the Ministry of Planning and the CBI they don’t change the definition from one article to the next.  It is solid.  It is written into law.  What needs to be done.  How they are going to do it.  What currencies are going to be released or reduced.  And the CBI manages that process.  Every article that comes out about the 50K notes and the 100K notes doesn’t change anything or the definitions…
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rcookie – IRAQ HAS ENTERED INTO AGREEMENT WITH IMF FOR COMPLETE AUDITING MONITORING OVERSIGHT OF THE CBI…ECONOMIC AND MONETARY REFORM AND POLICIES… INCLUDING OVERSEEING THE 2016 BUDGET EXPENDITURE ALLOCATIONS AND DISBURSEMENT…THAT IMF MONITORING PANEL IS RUN BY MASOOD AHMED…DIRECTOR OF IMF MIDDLE EAST OFFICE OVERSEEING THE MANAGEMENT OF IRAQS ECONOMY…DEDUCTIBLE EXPENSES… ACTIONS… AND POLICIES AFFECTING IRAQS ECONOMIC AND MONETARY REFORMS. IMF IS IN CONTROL…DRIVING THE BUS…IMPACTING POLICY AND ACTIONS.
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Millionday – “the international encase Monetary announced he put the finishing touches on a deal to monitor, evaluate and manage the Iraqi economy.”  THIS IS THE ANNOUNCEMENT OF THE FINAL TOUCHES OF THE IMF MONITORING PROGRAM FOR IRAQ`S ECONOMY.  THE IMF WILL BE MONITORING THE USE OF THE APPROVED BUDGET AND ITS APPLICATION AND SUCCESS.  THEY WILL MEET WITHIN THE NEXT COUPLE DAYS AND SIGN THE DOCUMENT FOR ITS APPLICATION.  THE US WAS ALSO MEETING WITH THEM…TO NEGOTIATE THE FUNDING OF THE WAR ON ISIS.   SO WE WOULD EXPECT THAT IRAQ IS RETURNING TO ECONOMIC GREATNESS IN THE MARKET AS EXPECTED.  THIS IS ALL HUGE NEWS.
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Poppy3 – AWESOME NEWS IS STILL RINGING IN MY EARS. SEEMS IT WAS ALL CERTIFIED AS FACTUAL. NOW AS IT IS PUBLISHED FOR THREE DAYS BEGINNING SATURDAY WE WATCH THEIR ACTIONS TO KNOW OUR FATE FROM HERE FORWARD.  I EXPECT TO SEE FAST ACTIONS MOVING FORWARD AND TO STILL WAIT TILL JAN 1 DATE FOR ALL TO BE IMPLEMENTED. THE GREAT NEWS IS FROM ALL MY NOTES EVERYTHING WE HAVE EVER BEEN TOLD WAS A POSSIBLE HOLD UP HAS BEEN COMPLETED AS LONG AS THEY TAKE THE ACTIONS TO IMPLEMENT. 
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wmawhite (Dinar Guru) – …remember back in March when the CBI stated that the deletion of the zeros would be preceded by administration and procedural processes.  Well…in conjunction with the MoU between the CBI and the IMF, you are seeing just that.  And what did the IMF state that their expectations are of Iraq?  Answer: that iraq will enter the economy market during the first half of 2016.  IMO, that is where Iraq is headed.   [...the way they are going I would say the very first part o 2016.]  Very possible.
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Iraqi Dinar/Dollar auction (most recent listing) 12-17-15 

Currency Auctions Announcement No. 3097

This daily currency auction was held in the Central Bank of Iraq on the 12-17-2015

The results were as follows:

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