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 37:4 (NKJV)

4 Delight yourself also in the Lord,
And He shall give you the desires of your heart.

Heavenly Father, Thank You for Your Word! Thank You that You are Faithful and True! We ask You to keep us soft and pliable in Your Hands 🙂 In Jesus Name, Amen.

Mrs. BGG

______________________________________________________________

CURRENCY CODE SELL BUY

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

Indicative rates – 01.27.2015

http://www.cbi.iq/

______________________________________________________________

What the government is good at is collecting taxes, taking away your freedoms and killing people. It’s not good at much else. – Tom Clancy

______________________________________________________________

*** Current Posts ***

______________________________________________________________

wmawhite – [you once stated that IMF says before the 1st half of 2016 we will see economic change…what do you feel is their deadline…]   I do not believe there is a deadline for the public to know about. IMO, there are timelines for the CBI/GOI to meet. In fact, the IMF has told us so. Either way, the IMF has their expectations.
______________________________________________________________

Blondie – Iraq is an very rich country (Dr. Shabbibi said so in a CNBC interview years ago), but they have a liquidity problem. Making a guestimate based on publicly published findings over the last 5 years or so, companies have reported “successful discoveries” of previously unknown oilfields to the tune of (guesstimating here) maybe 15 billion barrels (and there’s a good possibility that there’s even more still to be found). At $30/bbl., that’s in the neighborhood of $460B. Doing the multiplication, you get 542.8 Trillion dinars. This is in no way “scientific” and is only an educated guess, and it doesn’t include previously known and tapped oilfields that have been producing for years (where the “Oil For Food” program came from). The above is just oil, not natural gas, gold, agriculture etc. Of course, Iraq knows this. This may be why everybody is lending them money and wants to be their BFF. The “hand-holding” they’re getting from world agencies is to help ensure they do it smoothly and correctly. But do your own research and due diligence — all of this information is publicly available.
______________________________________________________________

Be sure to join the New Dinar Updates “private” FaceBook Group…

https://www.facebook.com/groups/571383766355188/

(go here and ask to join… then add some Dinar Friends!!)

______________________________________________________________

rcookie – Article quote:  “Iraq Osama Mahmoud importance of unifying laws and legislation governing economic action, pointing to the importance of linking the Iraqi dinar to the global economy and thus achieve a monetary value to him in front of the world’s currencies…”   THAT REPORT AND STATEMENTS ARE FROM…OSAMA MEHMOUD…THAT IS IRAQS LEAD STOCK MARKET ECONOMIST/STRATEGIST… WHO HAS BEEN VERY VOCAL & POSITIVE IN LAST COUPLE MONTHS…
______________________________________________________________

Frank26 – [Is the main CBI branch in Baghdad distributing LD’s?]   no…no one is distributing LD’s right now.  [Rumors say that OPEC is stepping in to raise oil prices, how will that affect Iraq’s RV rate?]    we hope it would fuel it…in fact OPEC is in cahoots with the US and we are making these arrangements to raise the price of oil now…IMO  [Do you think there is a chance that all the steps are done and they are keeping it quiet?]   no…no…there are things that need to be done and they are doing them.
______________________________________________________________

Breitling – …The IMF is not in the position right now, nor do they want to mess with Iraq’s economy or currency.  Here’s the math….I’ve got to go back through a lot of papers and research about how I got to that number but if the IMF took control tonight and tried to get their money/investment back they could actually raise the value of the dinar like .27 cents and that’s it.  That’s all the management rights they have from the loans that they gave.  That’s a default.  Iraq is paying the interest on their loans and they can get refinanced if they have to.  So there is no handling by the IMF right now.  Iraq is not doing anything bad.  If the oil market goes down and they have to adjust their budget and they have to change their payments with the IMF…guess what?  The IMF is more than happy to do that.   They do that all the time…they don’t care…they always adjust.  So the IMF would only get involved in Iraq if they default and stop paying and if the IMF did take control they could revalue the currency up to around .26 to .27 cents.  Very easy but they are not in that process right now. [Post 2 of 2]
______________________________________________________________

Backdoc – I THINK WE HAVE SOME HUGE CLUES AS TO THE NATURE OF IRANS’ CURRENCY VALUE BASED ON WHAT T… I HAVE STUDIED!  FIRST, THE STOCK MARKET RISE OF A THOUSAND POINTS LENDS ME TO BELIEVE THAT IRAN WILL ALSO GO 1 TO 1 ON VALUE!  THE KUWAIT CURRENCY WILL BE NECK AND NECK WITH MR. LONELY [IRAQ] BECAUSE THEY ARE PARTNERS IN SO MANY BUSINESS DEALS. KUWAIT SHOULD ALWAYS BE VERY CLOSE! IT LOOKS LIKE TALK IS CHEAP AND SOON IT WILL BE TIME TO PUT UP OR SHUT UP!!!   [post 3 of 3]
______________________________________________________________

Follow us on twitter @DinarUpdates !!

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

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

Backdoc – ANOTHER POINT TO NOTE IS A FEW DAYS AGO WE SAW IRAN’S STOCK MARKET RISE A THOUSAND POINTS IN ONE DAY…BACK IN MARCH…2015 WE SAW IRAQ’S STOCK MARKET SHOOT UP A THOUSAND POINTS AS WELL! THE INTERESTING POINT WAS, THE MARKET WAS CLOSED WHEN IT HAPPENED IN IRAQ!  I BELIEVED IT WAS THE STOCK MARKET READJUSTING THE STOCK VALUES REFLECTING THE ZEROS BEING DROPPED! AND NOW IN HIND SIGHT IT WAS JUST THAT!  THEY ARE MAKING ALL THE PREPARATIONS NEEDED FOR A FEBRUARY LAUNCH…WE KNOW THEY WILL LAUNCH TOGETHER AS IRAN SAYS! THEY WILL JOIN THE WTO TOGETHER…THE TIMING OF THEIR RE-ENTRY TO THE WORLD WILL BE TOGETHER! THEY WILL QUALIFYING FOR THE 90 DAY REQUIREMENT, TOGETHER!   [post 2 of 3….stay tuned]
______________________________________________________________

Backdoc – AS WE ALL KNOW WHEN THE IMF SPEAKS THEY ALWAYS TELL THE TRUTH. WHEN THEY MENTIONED EARLIER THAT IRAQ WILL RE-ENTER THE WORLD IN THE FIRST HALF OF THE YEAR I BET YOUR MIND WENT DIRECTLY TO THE RATE OR THE MONEY ISSUE…   ONCE I THOUGHT ABOUT IT…ENTERING THE WORLD MEANS MORE THAN JUST A CURRENCY! TRADE AND SHIPPING IS A MAJOR GOAL OF IRAQ TO PROPERLY AND FULLY ENTER THE WORLD!  [post 1 of 3….stay tuned]
______________________________________________________________

SteveI – Article: “Association of Iraqi banks sign a partnership agreement and exchange of experiences with the Union of Arab Banks”  Quote:   “…this will be the biggest opportunity in order to open the door for investment in Iraq’s banking sector.”   Things are really starting to line up and this is yet another great article.  I love where all of this is headed. I do believe we all know what that is.  [This my friends is going to be GREAT year!]   I am sure it will be an AWESOME year!!
______________________________________________________________

rcookie – IRAN BACK IN BUSINESS WITH SWIFT AS OF JAN 31ST!  SWIFT IS INTERNATIONAL BANKING & FINANCIAL COMMUNICATIONS PLATFORM….SHUT OFF BY EU DIRECTIVE IN 2012…THEY STARTED THIS JCPOA PROCESS ON THE 16TH…AND WILL BE FULLY ENGAGED BY THE 31ST…THE IRAN CENTRAL BANK GOVERNOR HAS MADE STATEMENTS TOWARD POST SANCTION CURRENCY VALUATION CHANGE AFTER REACHING CERTAIN INFLATION GOALS …ETC.  THEY JUST SIGNED… OVER THE WEEKEND $60 BILLION TRADE AGREEMENT WITH CHINA…SO IF IRANS RE-ENTRY AND CONNECTION TO GLOBAL MARKET…IS RELEVANT IN IRAQS ACTIONS AND URGENCY…YOU HAVE DATES.  NOBODY SAYING IT IS THE IMPETUS OR TRIGGER FACTOR…JUST A RELEVANT REGIONAL INDICATOR…GIVEN THEIR HISTORY AND TRADE RELATIONSHIPS….
______________________________________________________________

Iraqi Dinar/Dollar auction (most recent listing) 01-27-15 

Currency Auctions Announcement No. 3124

This daily currency auction was held in the Central Bank of Iraq on the 01-27-2015

The results were as follows:

More: https://dinarupdates.com/observer/
______________________________________________________________

Aggiedad77 – …just what its the value of Iraq’s resources…   I seriously think they may not know…as for the oil, I have said for a number of years, their seismic information is or has been very old and outdated…unless they have paid for new surveys I doubt there have been any updates…and it’s my opinion that they have hardly scratched the surface to know what their true reserves might be…their precious metals and minerals are largely untapped and unknown as well…true value…who knows.
______________________________________________________________

Breitling – Does the IMF control the situation in Iraq with their currency because of the loan they gave out?  So I started doing my research to look at any article that came out…Come to find out there is none.  There is nothing out there that says anything…That’s why we go by the numbers.  What the IMF can do and the way they’re structured…  The IMF gives out loans to emerging economies or economies that are in emergency.  Let’s say Iraq’s plan is to get to a buck (that’s true by the way, their plan is to get to $1.17) well the IMF because of the management rights they have because of the loans…if they needed to add value to that currency to get their loan back it’s only a small percentage like 26-27% and even more any country they get involved with it’s almost the same formula they use with every country… [Post 1 of 2 stay tuned for the rest of the IMF and Iraq story…]
______________________________________________________________

Frank26 – The IMF is working with Dr. Shabibi…the IMF is working with the CBI.  …from the IMF…”The Government Will Gradually Remove Remaining Exchange Restrictions and Multiple Currency Practices with a View to Eliminate Rate Distortion”…come on man…how much clearer can that be...the government will gradually remove remaining exchange restrictions…those things are preventing us from moving from a program rate to an international rate…
______________________________________________________________

SteveI – [there sure has been some very telling articles about what Iraq is doing and how they are doing it to join the globe…along with how they will back their currency…its as if they are driving the field for a touchdown and they are now on the 10 yard line…lets do this Iraq.]   Great analogy, as long as there is no fumble or interception on the final few plays.  The finish line is near!
______________________________________________________________

“Round Table” Dinar Call!!

“for Dinar News – that MATTERS!!”
from – 01/26 – @ 3:30pm CST

Smart phone user link – Click here

______________________________________________________________

wmawhite – “how close are we?”   …the IMF told you how close you are.  [THIS CAN GO AT ANY TIME?]  Yes, at any time.   …every day we read where Iraq is not waiting…they are doing/accomplishing those items that must be done prior to entering the markets. Again, IMO. there is not waiting, there is no delay, it is coming.
______________________________________________________________

SteveI – [Looks like things are moving in Mosul? Is that still the key?]  For the most part, yes. The country has to be secure.
______________________________________________________________

rcookie – THEY ARE FIGHTING THE BIGGEST WAR ON TERRORISM IN HISTORY OF MANKIND… IMPLEMENTED COMPREHENSIVE SOCIAL…POLITICAL AND ECONOMIC REFORMS AT ALL LEVELS…IMPLEMENTED…SALARY LADDER…HIRING FREEZES…SUBSIDY CUTS …TARIFF IMPLEMENTATION…AND ALL AMIDST A MAJOR PRICING CRISIS TO OIL…AND MAINTAINED 2.3 % INFLATION WITH AN NON EXISTENT CURRENCY VALUE…WHAT THEY HAVE DONE…ALL UNDER SEVERELY ADVERSE CONDITIONS IS NOTHING SHORT OF REMARKABLE.
______________________________________________________________

Backdoc – ABOUT 3 OR 4 DAYS AGO, IRAN SAID THEY WOULD NOT LAUNCH OR RE-ENTER THE WORLD WITHOUT IRAQ BECAUSE IT WOULD CAUSE A TRADE IMBALANCE! THIS MEANS THEY ARE ADHERING TO “THE DEAL”.  WE SEE IRAN STATE THAT IN A WEEK OR TWO THEY WOULD BEGIN TO RE-ENTER THE WORLD SLOWLY!  ISN’T IT INTERESTING THAT 2 WEEKS FROM TODAY [MONDAY 1-25-16]  IS THE 8TH?  ONCE THEY START, THEY SAID IT WOULD TAKE A LITTLE LESS THAN A MONTH!   ​IF IRAN AND IRAQ BOTH LAUNCH WITH OTHER SIGNIFICANT CURRENCIES LIKE THE DONG AND RUPIAH (WHICH THEY WILL), THEY WOULD BE IN COMPLIANCE FOR WTO INDUCTION IN JUNE!  [post 2 of 2]
______________________________________________________________

Iraqi Dinar Currency to be Powerful to Enter in the Global Currency Markets

Osama Mehmoud, the global stock representative in Iraq stressed about the importance of integrative laws and economic action of law making. He also pointed out that linking the Iraqi dinar currency to the global economy has its own importance. The Iraqi currency should achieve its value against the global currencies. It would allow in providing more power to the economic process in the country. He further added in his press interview that current economic condition in Iraq needs more care. He pointed out that most of the laws related to the Iraqi economy are still need to get regulations for the economic management in the economic sector, according to the formula. The process in trade and economy are following an open economy as it is called market economy.

He further added that it would improve the economic management that would produce an uncertain economy. There are many industrialized nations depending on the open market that implemented the processes of production and the theory of import and export. The commercial exchange process between a numbers of companies should adopt a unified economic system. He gave an example of Iraqi economic reality that is continuously depending on letters of guarantee issued to the traders to manage the operations of import of goods. It is showing the limitations to the Iraqi verbal disapproval within the banks. It is also stopping to spread the Iraqi dinar currency into the international markets. As a result, the Iraqi dinar value decreased and unable to trade outside the Iraq. He stressed that importance of presenting the Iraqi dinar currency in the global currency markets.

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

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