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 – 02.17.2015

http://www.cbi.iq/

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Labor disgraces no man; unfortunately, you occasionally find men who disgrace labor. – Ulysses S. Grant

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*** Current Posts ***

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Backdoc – IF IRAN WAS RIGHT ABOUT ITS TRADING PARTNER WE SHOULD BE APPROACHING THE 18TH GREEN SOON!  […it seems to me that Iran just might rv their currency first.]   NO IMO! THEY WILL BE REVEALED TOGETHER…  Article quote:  “Central Bank of Iran (CBI) allocated special code and password to reconnect Refah Kargaran Bank to SWIFT…”    ASSUMING THEY BOTH HAVE LAUNCHED ON THE 8TH WE WAIT FOR “THE LESS THAN A MONTH”, FOR THEM BOTH TO GO TOGETHER!
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wmawhite – [Has the old guard lost leverage throughout the MOF CBI etc and does Abadi have the the US and IMF total support?]  …the IMF is steering this ship (the CBI) more than the Governor of the CBI). Once the IMF is ready to step aside then you will see the changes at the CBI…IMO.  The Technical Letter of Agreement are no different than a contract…there is no wiggle room…it states that the government “will” do.  Prior to publishing the Letter of Agreement the IMF stated that they expect Iraq to enter the economy market…well, they are not part of those markets because they have nothing to join with…so, we are going to see soon what we are looking for.
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Frank26 – …nobody knows the date or the rate…but…the evidence that is being told to us right now is telling us they are doing something.  …when was the GREEN given to Dr. Shabibi at the CBI.   …March 3rd...usually things are contracted for 90 days…six months…up to a year…IMO….this deal they have with the CBI is going to expire very soon.  If they don’t raise the value of their currency do you think that permission to do so will be null and void…?  I can tell you that we are there...   Abadi is cleaning the GOI…that is good.  I don’t really care what the GOI is doing because I only care about what the CBI is about to announce…the power of the CBI is within the hands…IMO…of Dr. Shabibi…in my DEEP opinion…I think the LD’s are next…or… should be the next step or simultaneously with the rate increase…I feel that the LD’s are the spark of light to the Monetary Reform of Dr. Shabibi and his banks in Iraq.
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Poppy3 –  … .80 CENTS…WILL NOT PULL IN ANY DINAR…HAS TO BE $1.20 OR BETTER TO BRING DOLLARS IN.  ANTICIPATE NO LESS THAN A $1.25 BUT I STILL THINK IN MERELY DAYS THE $3.00 PLUS RATE. CAN’T FILL THE BUDGET WITH ANYTHING LESS. THEY MAY TRY TO DRAW IN USD FOR A FEW DAYS BUT I REALLY DOUBT IT.
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tlm724 – “The Commission on Economy and Investment in Parliament on Tuesday that the launch of loans to support the private sector will not be random and will organize accurately.  It is said that Prime Minister Haider al-Abadi instructed by firing supporting the private sector’s 5 trillion dinars loan in the coming days.”   ya know what this is? all the announcements from yesterday pertain to a strategic plan to usher in the free market…a market economy finally!   I’m excited, just sayin.
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Backdoc – LET IT BE CLEAR I’M NOT PICKING ANY DATE, OK? WHAT I SHARE IS FROM WHAT I DERIVE FROM ARTICLES I STUDY WITH NO INTEL!  ALL APPEARS TO BE ON SCHEDULE…WE BELIEVE IMPLEMENTATION DAY IS CLOSE!  OZ ALSO TOLD ME THAT DR. SHABIBI WOULD BE GIVEN THE PRIVILEGE TO PUSH THE GREEN LIGHT IN GRATITUDE FOR HIS LOYAL COMMITMENT TO THE IMF AND HIS NEWLY DEMOCRATIC COUNTRY!  OZ SAID HE GRACIOUSLY ACCEPTED AND WOULD COUNT IT AS A PRIVILEGE.   [post 2 of 2]
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Backdoc – SMARTER FOLKS ARE INVESTING IN ASSET BACKED CURRENCIES LIKE THE DINAR WHICH SHOULD FIND ITS GLOBAL NEW REALITY VALUE TO SHOW OFF SOON!  IRAQ HAS PROMISED TO IMPLEMENT THE FEDERAL COURT LAW AND AMNESTY LAW THIS WEEK PAVING THE WAY FOR DR. SHABBI.  THE TIMING OF THIS IS NO SURPRISE SINCE IRAN SAID THEY ARE TRADING PARTNERS WITH IRAQ! IRAN SAID THEY WOULDN’T RE-ENTER THE WORLD WITHOUT IRAQ, AND THEY SAID THEY WOULD START THEIR RE-ENTRY IN 2 WEEKS WHICH WAS THE 8TH, AND IT WOULD TAKE LESS THAN A MONTH WHICH LANDS US AROUND THE 18TH!  [post 1 of 2….stay tuned]
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Backdoc & Mountainman – Article quote:  “Iran has started implementing SWIFT codes in its banking transactions since yesterday…”  IS THERE ANY DOUBT NOW WHETHER IRAN WAS TELLING US THE TRUTH ABOUT THE 18TH?   NOW C’mon ABADI/IRAQ…Let’s GO!!!
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Holly – [longtime – DU Researcher]   Iraq Source Quote:  “Did you know that the value of the Iraqi dinar less than the value of the Somali shilling???  with this Anhab our currency and we hope back and become the highest currency in the world”  he said a couple days ago central already has fix exchange rate…stable 1-1.  I know he has been telling his peeps about the exchange rate…and talking about currency change.
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BGG – “…Central Bank Governor Ali al-allaq, on Saturday, more than 140 billion dollars in State institutions including banks, stressing that the increase in the dollar exchange rate is not in the interests of the citizen...”  Which means…1st – Alaq talks as though an increase in the Dinar “has happened, is happening, or will happen... – 2nd – they may have to throw this idiot in JAIL – which also sounds like it might be on the way…  In summation – think on this…for those who imagine they are being duped…and this isn’t REAL… THE CURRENT GOV OF THE CBI – is displaying an opposite view… (3rd option – he’s just throwing up smoke – like the Chinese did – 48 hours before they amped up their currency by 20% – reference WSJ)…this guy is a POLITICAL APPOINTEE – NOT QUALIFIED! 
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firefly – Contrary to articles this is the 1st time EVERYBODY is on the same page!  I LOVE where we are sitting and the process unfolding before our very eyes. Fascinating!
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DELTA – IT LOOKS LIKE CBI IS READY!!
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Poppy3 – GOT A CALL…THEY HAVE OVER HALF ALL THE REQUIREMENTS FOR FULL MEMBERSHIP TO THE WTO WHICH IS ALSO NEEDED FOR INTERNATIONAL ACCEPTANCE.   [But to my understanding, a country doesn’t have to belong to the WTO to do international business.]   …THEY BEEN A GUEST MEMBER FOR SEVERAL YEARS BUTEVEN THOUGH THEY COULD TRADE WITHOUT FULL MEMBERSHIP…IT WILL BE VERY VERY LIMITED WHOM WOULD TRADE WITH THEM WHEN THEIR CURRENCY WASNT ACCEPTED GLOBALLY. 
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tlm724 – Article quote:  “A source in Nineveh province, on Monday, that the 25 billion Iraqi dinars belonging to organize funds (Daash) burned as a result of the bombing of Flight International Coalition for building the Central Bank and buildings three banks, in the city of Mosul…”   that article has a silver lining.  The burning of 25 billion Iraqi dinars bombed the Central Bank building and the three banks in Mosul…thats 25 billion dinars, give or take, off the street, out of circulation…sorry for the people and businesses etc … but it is good news.
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Aggiedad77 – Article quote: “the US Treasury Department will issue a list of the names of persons and banks Iraqi civil will be blocked to deal with it and book Banking conversions and includes the names of a number of members of the Iraqi government and militia leaders list and politicians, businessmen and banks Iraqi charges of laundering and smuggling of money.”  [Does this mean that they are ready to allow people to start exchanging the IQD?  it looks like a method to keep the crooks and thugs identified by the CBI from exchanging their stash of cash?]  As much as we would like it to be time…I’m not thinking this is any signal of that sort…merely a good positive indicator that the UST is willing to work seriously with the CBIGOI to identify and bring the smuggling criminals to justice…we obviously have a much larger arm of the law that reaches around the world for this kind of stuff and seeing a cooperative effort is…IMO…a very positive thing.
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Poppy3 – STILL HEARING THE SAME REPORTS THAT RATE WILL SHOW BY MARCH 1. TIME WILL TELL.
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Iraqi Dinar/Dollar auction (most recent listing) 02-16-15 

Currency Auctions Announcement No. 3138

This daily currency auction was held in the Central Bank of Iraq on the 02-16-2015

The results were as follows:

More: http://dinarupdates.com/blog/
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tman23 – THIS IS ALL CONFIRMED AND ALSO IN INK…IT IS FACT.   SO, DID THEY NEED GOVERNMENT, SECURITY, ALL THESE DIFFERENT LAWS IN PLACE?   NOPE!   AND 2012 WAS NO BANNER YEAR…REMEMBER, MALIKI WAS TRYING TO GET MONY FROM THE CBI EARLIER.   The CBI sets monetary policy for IRAQ…Not Abadi, not the GOI, not Parliament.  And everything does not need to be done…everything is never done! All it has to be is in motion and headed towards the right/favored direction. [post 2 of 2]
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tman23 – Fact is…September 27, 2012 the Chairman of the Parliament Finance Committee made an announcement that they planned on raising the 3 zeros by the first of the year (2013) AND providing that the new currency would be ready by that time.  THIS WAS IN PRINT…IN INK.   Shabibi shortly there after went to Japan to what was advertised as a “trade convention” BUT what we learned later during this past issd post 2015 summit was that the “trade convention” …whelp …was an actual meeting with members of the issd and banking representatives.  The day of the meeting Maliki had the court issue the warrant for Shabibi…  AND POINT BEING…   [post 1 of 2….stay tuned]
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BGG – what a great time to be in this…we are watching it happen… right in front of us.
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Hub – if you were a citizen of iraq at this point would you want to remove the dollar…now why would you not want to remove the dollar, a simple answer, the dinar has no tradable value…do we have an idea how to change this situation?   yes get the dollar off the street, but the alternative has to be available immediately, so raise the stinkin value and the dollar will disappear from iraq
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