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 John 5:14 (NKJV

14 Now this is the confidence that we have in Him, that if we ask anything according to His will, He hears us.

Heavenly Father, Thank You for the privilege to come before You by the blood of Jesus! We pray for Your will to be done on earth as it is in Heaven. Thank you that You hear us when we pray 🙂 In Jesus Name, Amen.

Mrs. BGG

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CURRENCY CODE SELL BUY

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

http://www.cbi.iq/

Indicative rates – 01.24.2015

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Error of opinion may be tolerated where reason is left free to combat it. – Thomas Jefferson

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*** Current Posts ***

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Millionday – “Iraq has signed today a cooperation agreement with the Union of Arab Banks…”  THIS IS A SIGNED AGREEMENT IN ALL ITS FORMALITY  IRAQ IS MOVING ECONOMICALLY TO THE INTERNATIONAL MARKET — BANKING IS MOVING AND DEVELOPING — THIS IS SIGNED SEALED AND DELIVERED — FORMAL AGREEMENT.   IMO WE ARE VERY CLOSE TO ARTICLE 8 AS A RESULT OF ALL THE ACTUAL ACTION IRAQ IS TAKING.  IN ARTICLE 8 THEY CAN MOVE FORWARD WITH MONITORING TO THE INTERNATIONAL MARKET AND TRADE ETC.  [do you think Article 8 and a rate change will happen at the exact same time?]  I THINK IT IS A RESULT — YES.
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wmawhite – The fact that Iraq Airways/Airline is being opened for foreign investors is proof that the restrictions are moved/being removed.[so they are removing the restrictions so they can have currency exchange?]  If you have one you have to have the other.  It is the Investment Law that they amended is providing this great change in Iraq.   [SO IT COULD BE A TIMING ISSUE?]  It is in keeping with what we know…IMF expectations…1st half of 2016.   [post 2 of 2]
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“Round Table” Dinar Call!!

“for Dinar News – that MATTERS!!”
from 01/22 – 8:30pm CST

Smart phone user link – Click here

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wmawhite – What are the two most important items the CBI/GOI must accomplish before there is any change in the value of the IQD?  …and are doing?  Straight from the IMF…here it is: “The government will gradually remove remaining exchange restrictions and multiple currency practice (MCP) with a view to eliminating exchange rate distortions.”  Now…how do we know for a FACT they are accomplishing these items?  Investment proceeds…that is foreign investment…money coming into the country and the ability to leave the country.
[post 1 of 2….stay tuned]
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firefly – Iraq IS a special circumstance. Can’t compare it to China or any other country.  Remember, Iraq never lost it’s value. It was shut down by the UN and in limbo since.  [un has a duty to restore what they devalued…i read that somewhere.]   BINGO!   but it was not devalued, it was simply shut down at the request of the US.
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Don’t Miss “NEWS TIME” in the DU CHAT ROOM – Monday evening at 7:30pm EST!!

www.DinarUpdates.com – save as favorite!!
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Poppy3 – …THE RV WILL HAPPEN IMMEDIATELY WHEN EVERYTHING WITH FINANCIAL REFORM HAS BEEN COMPLETED. THE STATEMENT THE IMF MADE ABOUT THE FIRST HALF OF THIS YEAR DIDNT MEAN TILL JUNE IT MEANT THE FIRST HALF OF 2016 AT ANYTIME.   WE KNOW THAT ALMOST A YEAR AGO THEY APPLIED FOR FULL MEMBERSHIP TO THE WTO. WE ALSO KNOW IT WAS SAID IT TAKES A MINIMUM OF 5 MONTHS TO COMPLETE THE PROCESS BUT WHAT WE DON’T KNOW IS HOW FAR THROUGH THE PROCESS THEY ARE?   MY THOUGHTS ARE FROM THE PROGRESS OF GREAT NEWS LIKE THE POSTING OF THE BUDGET TELLS ME THEY ARE IN THE URGENT MODE AND ALL NEED COMPLETION. KEEP YOUR EXPECTORS ON WE MAY BE ENTERING THE PROMISEd LAND…
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tlm724 – The annual report issued by the International Monetary Fund in late 2015 reported that Iraq has reserves of gold of 89.8 tons, ranking it 37th worldwide and fifth Arab world, and at the same time, specialists believe that the rise in precious metal reserves in the central bank supports foreign investor confidence in the currency and investment in Iraq.
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