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…

Mrs. BGG

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CURRENCY CODE SELL BUY

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

Indicative rates – 02.06.2015 (no change as of 2/4)

http://www.cbi.iq/

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The most important single central fact about a free market is that no exchange takes place unless both parties benefit. – Milton Friedman

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*** Current Posts ***

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firefly – The meetings last Thursday went VERY well…Global Economic meeting.  This was all over the major media sources.  The marker has been set, finger on the trigger. TIMING!  Stop looking at your calendars, it could literally happen at any time but NOBODY knows the timing.
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Poppy3 – MANY KEEP SAYING POPPY3 SAID THIS MONTH BUT I SAID THEY SAID THIS MONTH…THEY REPORTED IT IN WRITING TO THE IMF, UN, WB…THEY THAT HAVE AUTHORITY MADE THE STATEMENT IN A OFFICIAL REPORT. TO ME IT DON’T GET ANY BETTER AND THERE IS NOTHING TO QUESTION ABOUT IT. THEY SAID IT LOUD AND CLEAR.
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rcookie – THEIR MONITORING PROGRAM RUNS THROUGH 2016 BUT DOES NOT MEAN A VALUE CHANGE CANT HAPPEN TILL END OF 2016…AS MATTER OF FACT THE IMF HAS TOLD IRAQ WILL RETURN TO GLOBAL FINANCIAL MARKET IN 1ST HALF OF 2016…
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Poppy3 – ELECTRONIC BENEFITS WILL BE LOADED ON THE 7, 8, HUGE NEWS…SO ON THE 8th WE SHOULD SEE THIS POP, AND HAVE NEWS ON IT THAT WEEK, THE IMMUNITY SYSTEM HAS BEEN ENFORCED AND A LOT HAVE BEEN ARRESTED AND HEARING MALIKI IS NOW UNDER HOUSE ARREST, I WILL BE ABLE TO CONFIRM THAT…WHEN I TALK TO MY CONTACT IN BAGHDAD…, HUGE HUGE NEWS…WE ARE SO CLOSE…THINGS NOW SHOULD FALL LIKE DOMINOES, AFTER THE 8th OF FEB… lets see the fireworks…WE WATCH AND WAIT.
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rcookie – IMF LETTER OF INTENT (LOI)/MEMORANDUM OF ECONOMIC & FINANCIAL POLICIES(MEFP)/AND TECHNICAL MOU FOR 2011 & 2016…THE 2016 BUDGET…AND THE 2015 ARTICLE IV CONSULTATION AND REQUEST FOR PURCHASE UNDER THE RAPID FINANCING INSTRUMENT—PRESS RELEASE; STAFF REPORT; AND STATEMENT BY THE EXECUTIVE DIRECTOR FOR IRAQ….THESE REPORTS ARE SO VERY DETAILED AND PROVIDE ALL THE INSIGHT YOU NEED TO FOLLOW WHAT IS GOING ON…SHOULD BE REQUIRED READING FOR ALL IN THIS INVESTMENT…AND WILL RETURN MUCH PEACE & UNDERSTANDING AND LESS…SPECULATION.
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Frank26 – Article quote:  “Suggested head of the National Coalition, Iyad Allawi, on Friday, the Iraqi government restore the former Iraqi Central Bank Governor Sinan al-Shabibi…”   The IMF has also SUGGESTED some activities for S [Shabibi]…Next month.

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Iraqi Dinar/Dollar auction (most recent listing) 02-04-15 

Currency Auctions Announcement No. 3130

This daily currency auction was held in the Central Bank of Iraq on the 02-04-2015

The results were as follows:

More: https://dinarupdates.com/observer/
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Randy Koonce – Let me say you cannot have in-Country RV.  If you think about it, how much is a 250 dinar after the RV…250 dinar— it does not change…the only thing that changes is the weight against other currencies and that it helps to buy goods out side of the country…So it looks very good from both sides of the pond to happen by the 1st of march…  do not worry we are about done. …every day that goes by this year is closer to RV it is looking very good now.  We are close.. Every large bank will exchange.. RELAX the RV is coming…Breathe…  [post 2 of 2]
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Randy Koonce – …the tariffs have not yet been collected… but they are saying in the paper that they have enacted them.. I am not sure how long that can go on but I am sure not too long… So it looks like the Tariffs will be happening in a short while… They will not collect tariffs without RV… Everybody should feel good because of the pressure Iraq needs to collect the tariffs.  Second thing Barzani has not been paid and he has been in Baghdad to get paid.  At some point in time which the Paper is saying Barzani is going to receive payment this weekend or early week…there needs to be an RV for that, and it looks like Iraq has themselves in a corner for that.  [post 1 of 2….stay tuned]
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Aggiedad77 – [Isn’t this what we have been waiting on big time for them to announce publicly DR.S back in control of CBI? This seems pretty big right?]  I’m thinking yes it will be big…This kind of thing…a change in the helm of the CBI…IMO…has to come from on top…from Abadi, and more than likely the IMF…them together announcing such a change…let’s watch them take this beyond a “suggestion” though and bring it to fruition.  One thing for certain…IF…Maliki has been arrested…that could open the door for Dr. Shabibi to come home.  [post 2 of 2]
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Aggiedad77 – “Zebra seeks $1.2 billion from the World Bank”  …ask small…get small…they need someone with bigger dreams…IMO…someone like Dr. S [Shabibi] that knows about world finances…someone who has had direct experience on the international level of banking…   Article quote:  “Suggested head of the National Coalition, Iyad Allawi, on Friday, the Iraqi government restore the former Iraqi Central Bank Governor Sinan al-Shabibi…”   oh yes indeed…Dr. S.  Bring it on…yes sir…the BEST is yet to come.  [post 1 of 2….stay tuned]
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Kaperoni – Article quote:  “Suggested head of the National Coalition, Iyad Allawi, on Friday, the Iraqi government restore the former Iraqi Central Bank Governor Sinan al-Shabibi, and the use of a panel of financial experts, and the formation of an economic body to save Iraq from its economic crisis.”   Never happen.  A plan is in place with Allaq now and the guidance of the IMF.  Shabibi is done and out living in retirement.  Nobody listens to Allawi anyways.
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tlm724 – Article quote:  “we we have established a seminar two weeks in the oil ministry before to discuss this subject, and suggested some members of the Commission on oil and energy parliamentary mechanism to prepare a draft law of the national oil company, but it should be enactment of the oil and gas law first and then other corporate legislation of laws.”  it should be enactment of the oil and gas law first then the national oil company law…they expect the national oil law to be enacted by the end of the year so if this goes as planned the HCL should see the light of day very soon.
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Blondie – Recent article says the Iraqi Army may not be going after Fallujah anytime soon after all. The town has been completely blockaded, so it seems nothing gets in or out without going thru a military checkpoint — they believe they have got ISIS contained there.  Instead, they are focusing on clearing out the few remaining “dead-enders” in the outskirt suburbs of Ramadi (mopping up, so to speak) and they continue to prepare to retake Mosul. Lots of prep going on there, ISIS numbers around Mosul dwindle daily (in fact across all of Iraq, ISIS is losing several dozens of fighters (sometimes as many as one hundred fighters at once) every few days, along with massive destruction of equipment and weapons). The final assault on Mosul may happen sooner now, and victory may happen quicker. Good news, security in the country is coming faster now.
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tman23 – There is no legitimate argument that can be made that this is not their goal…LIFT THE 3 ZEROS…The CBI gave the green light end of February 2015 (almost a year ago) to begin the process… Shabibi, who we know is working as a consultant with Iraq and the CBI as we have seen him in photos of late…always said the time to lift the zeros is at the START of the NEW YEAR…And we know the banks have switch to a new accounting standard… That being said…We are waiting for the lifting of the zeros to be announced or shown…AND/BUT/THE SPECULATION AND GUESSING IS THE SAME AS IT WAS SINCE THE BEGINNING OF IQD TO RICHES…HOW WILL LIFTING THE 3 ZEROS PLAY OUT FOR THE CURRENCY WE HOLD.  UNTIL it becomes official and you go to exchange…and the it becomes Mr./Mrs. Speculator meets reality… And there is not one visitor in this…room that doesn’t wish for a GREAT DAY AT THE BANK.
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Frank26 – The Iraqi citizens have been…uniting with Sistani…Sistani is the Holy Man and you do not disobey him… Abadi heard the message loud and clear…Abadi’s on a hot seat so he is moving quick…and it’s not because he is scared of the laws or the IMF…he’s scared of Sistani, the Holy Man…So Abadi is busy right now…IMO… working on reforms…   FEBRUARY 8TH…is a point in time when our atomic clock is ticking towards…because after that date you are going to see a plethora of many things… in this month of February especially after the 8th, the information will be poured out into the international world and it will be rather interesting...
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BGG – …the recent Sistani rhetoric included (as I recall) – a semi-ultimatum for Abadi – to get economic reforms off the ground.  Is Sistani putting pressure on Abadi?  YES.  is he calling for Abadi’s replacement?  (maybe) – probably a threat to get Abadi to moving on the economy...IMHO.  [reference tman23 post 2-5-2016].
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tman23 – Sistani came out with a public statement that asked for Iraqi’s to UNITE and that he backed Abadi reforms 100% and asked the citizens to cooperate and back the Prime Minister. EVERYBODY kept saying WOW…When Sistani speaks it is huge, he is the man that everyone listens to…  WELL Sistani came out and made another announcement a few days ago…He called for the replacement of Abadi...And if the IMF has intentions of raising the IQD it is TICK TOCK on them…because an Abadi take down would leave the whole thing in limbo for a very long time… Time for the closing act…and get a standing ovation…otherwise it is his last performance!
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Frank26 – IOO…Conditions are RED at the moment to bring forth a GREEN.
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Backdoc – WE HAVE THE BUDGET BEING IMPLEMENTED; RETIREES PAYMENT CARDS ACTIVATING ON THE 7TH AND 8TH; ANNOUNCEMENT OF THE NATIONAL RECONCILIATION LAW ON SUNDAY!   AND THE FINAL MILITARY CLEAN UP OF MOSUL AND FALUSHA READY TO ROLL! THIS IS LOOKING MORE LIKE A WELL ORCHESTRATED EVENT!  [post 2 of 2]
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Backdoc – THERE IS A LOT TO BE HAPPY, HAPPY, HAPPY, ABOUT!  AFTER IRAN TOLD US THEY WOULDN’T ENTER THE WORLD WITHOUT IRAQ, AND LATER ALSO TOLD US THAT THEY WOULD BEGIN TO ENTER THE WORLD AROUND THE 8TH OF FEB., AND THAT IT WOULD TAKE LESS THAN A MONTH TO COMPLETE…OF COURSE THOSE WORDS ARE GREAT IN AND OF THEMSELVES BUT ONCE ADDITIONAL PIECES HAVE STARTED TO FALL IN PLACE I’VE GOTTEN, WELL, OK!, ALMOST EMOTIONAL!  [post 1 of 2….stay tuned]
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rcookie – DONT TRY NOT TO BE DATE CENTRIC…THE EVENTS AND INITIATIVES THEY ARE TASKED TO DO ARE UNFOLDING DAILY…BUT THERE WILL NEVER BE A TELEGRAPHING OF THE VALUE CHANGE…
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Kaperoni – Article quote:   “The prime minister’s office held a workshop, in coordination with the central bank about electronic payment, electronic collection…”   The CBI is not playing around…we will see the beginning of edinar start…electronic money…like a debit card…starting next week.
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Poppy3 – LOTS OF GREAT INFORMATION AND EVERY DAY FOR THE LAST FEW WEEKS [Guru] MILLIONDAY AND OTHERS HAVE CONTINUED TO SHARE STEP BY STEP SHOWING US COMPLETIONS OF SOMETHING INVOLVED WITH FINANCE. I KNOW THIS IS OUR MONTH AND THEY WILL FINISH THIS MONTH AND TOLD THEY WILL ANNOUNCE A NEW DINAR RATE OR THEY HAVE LIED IN INK TO THE FINANCIAL WORLD GUIDES.  …ALL THE NEWS MD [MILLIONDAY] HAS BEEN SHARING HAS LINED UP EXACTLY WITH WHAT HAS BEEN REVEALED.
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