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

http://www.cbi.iq/

Indicative rates – 03.25.2015

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We have it in our power to begin the world over again. – Thomas Paine

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*** Current Posts ***

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*** Current News ***

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

www.DinarUpdates.com – save as favorite!!
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rcookie – OK…HERE IS A BIGGIE!!…AND PRELUDE TO THIS WEEKENDS MINISTRY ANNOUNCEMENTS…

URGENT!!…OIL MIISTER ADEL ABDUL MAHDI OFFICIALLY ANNOUNCED HIS RESIGNATION AND HE STOPPED PRACTICING HIS DUTIES IN THE MINISTRIES…LET THE DOMINOE FALLING BEGIN!!!
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tlm724 – Saleh says reform irreversible and “the past will not return.”  *hallelujah*  …that the reform process has run into opposition, “some of them political…what went on in the past decade will not be back, either in the administrative, economic and other field.”   no more shenanigans, those days are over…the path of reform is a difficult one…it is indeed difficult but not impossible, it is happening now despite the opposition.
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Mountainman – Do We really Think…w/ALL these Deals w/ Multiple Countries…that the WTO/WORLD isn’t going to Make IT Happen after ALL the Negotiations…Come June…IRAN/IRAQ will be Singin a NEW TUNE…IMO.
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rcookie – IN ADDITION TO THE IMF METAC WORKSHOP IRAQ IS ALREADY PARTICIPATING IN TITLED…”INVESTMENT POLICY & PROMOTION” FROM MARCH 20-24…THEY WILL BE STARTING ANOTHER WORKSHOP ON MARCH 27-31 TITLED “ENHANCING PUBLIC SECTOR PERFORMANCE INCLUDING DELIVERY UNITS”…AND…YET ANOTHER IMF METAC WORKSHOP…TITLED TAX ADMINISTRATION DIAGNOSTIC ASSESSMENT TOOL (TADAT) IN LEBABOB FROM MARCH 21-23…DEVELOPED BY IMF AND SOME OF ITS DEVELOPMENT PARTNER ORGANIZATIONS…THE CONTENT OF THESE KINDS OF WORKSHOPS IS MASSIVE IN CONSIDERATION AND RELATIVE TO WTO ACCESSION AND (GATT) PROCESS APPLICATION…HUGE…HUGE…HUGE…
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Mnt Goat – Soon next week the UN and the World Bank will re-visit Iraq for their monthly report card and progress report. So one thing we know for sure today is there will be NO revaluation of the Iraqi dinar until this progress report is completed and evaluated.
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rcookie – YESTERDAY IRAQ & IRAN SIGN MOU TOWARD BANKING COOPERATION…AND ROUHANI [PRES. OF IRAN]…PART OF WEEKEND POW WOW THAT ALREADY INCLUDES LEGARDE…MOON… AND KIM…HMMMMMMM.
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Parliament hosts Ki-moon and World Bank President

BAGHDAD / National Iraqi News Agency / nina / assured the House of Representatives decision of Imad Youkhana ” The parliament will resume its sessions next Saturday to host international officials nor the health to be postponed.”

He said the National Iraqi News Agency / NINA / that ” the meeting will be limited only to host all of the UN Secretary – General United Ban Ki – moon and World Bank President Jim Yong Kim to talk about the situation in general, especially the economic and the impact of the decline in world oil prices on Iraq. ”

He added Youkhana that” to do I schedule the work in the Saturday session is hosting and will resume Council meetings next Tuesday. ”

The head of the House of Representatives Saleem Jubouri revealed in the fourth of this month for a recent visit of the Secretary General of the United Nations Ban Ki – moon and World Bank President to Iraq.

Read More: http://www.dinarupdates.com/showthread.php?32329-Parliament-hosts-Ki-moon-and-World-Bank-President-3-24
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SteveI – The new parliament seems to be in place now and all has agreed, but still waiting for the final vote to make it official. As you can see, there is some major steps in change for the better and the new Iraq will be announced in short time.  With many important people attending this major meeting this weekend, something really big is happening. Will it be what we are looking for? Probably not, but at a minimum it surely must be leading up to it or something significant in the near future. Based on what I have read and reading, Iraq is pushing very hard to officially enter into the global market with a new value attached to their currency. This is pretty much a given, but watching them accomplish this is sure confusing and complicated. After one mile stone reached there seems to be another one ahead. One would think that the end is sure near.   [post 2 of 2]
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SteveI – I received some information from a couple contacts regarding the current news...The main focus was this past week some very strange things happening on the ISX.  I guess the ISX was down for some time and when it came backup most of the numbers did not make sense. There seem to be some major trading by only a few companies. Also it was brought to my attention that most of the Iraqi bond purchases were to banks. This is very positive because banks have to have a minimum asset reserve to be able to participate in a global exchange of their currency (this was what several told me…).  Another mention on the CBI site was the lack of some of the denominations that used to be listed. This is all looking very positive.  Security seems to be getting under control. This came directly from someone in Iraq and is close to the action. ISIS is still a factor but not anywhere near what it was. I was also told that some major house cleaning regarding hundred of arrest warrants and many officials have already fled the country.
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wmawhite –  The CBI has made many statements that it is able to support the IQD many times greater than its reserves. It has one of the largest reserves of gold for country of its size.
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Iraqi Dinar/Dollar auction (most recent listing) 03-24-16

Currency Auctions Announcement No. 3164

This daily currency auction was held in the Central Bank of Iraq on the 03-24-2016

The results were as follows:

More: http://dinarupdates.com/blog/
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Mountainman – DEFINITION of ‘Technocracy:  A form of government where decision-makers are chosen for a governing office based on their technical expertise and background. A technocracy differs from a traditional democracy in that individuals elected to a leadership role are chosen through a process that emphasizes their relevant skills and proven performance, as opposed to whether or not they fit the majority interests of a population. Decisions made by technocrats are based on information derived from methodology rather than opinion.
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Adam Montana – [Is Abadi really under the gun to complete the monetary reform in Iraq at risk of being removed from office?]  In my opinion…not in the slightest. He’s done so much good, and has so much positive influence, there’s no way he’s under any serious risk of being “removed”.
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rcookie – …WHAT WE ARE SEEING IN DAILY NEWS FROM EVERY POSSIBLE ANGLE AS A “PRIVATE SECTOR” NARRATIVE…IS NOT SOMETHING THEY JUST FRESHLY STUMBLED UPON…BUT RATHER A 9 YEAR STRATEGY AND TRANSPARENT PLAN FOR PRIVATIZING AND RESTRUCTURE OF THE SOE’S [STATE OWNED ENTERPRISES] AND TRANSITION TO PRIVATE SECTOR AND OPEN MARKET SYSTEM & ECONOMY.
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“Round Table” Dinar Call!!

“for Dinar News – that MATTERS!!”
03/22 – @ 5:30pm CST

 Smart phone user link – Click here

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Kaperoni – Article:  “Diwaniyah .. currency counterfeiters arrested in possession of 14 million dinars”  Quote:  “Diwaniya: announced Diwaniya police headquarters on Monday for the arrest of a gang working on the rigging of the Iraqi currency, and adjust the printing press of their own.”  …there sure has been an effort of late that is for sure to stop this.  Nice to see.
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tman23 – …There is no doubt that with Moon, Kim, Legarde being present this weekend is HUGE… and Abadi to have chosen his cabinet Saturday… So some form of announcement is coming…BUT Legarde appearance is a BIG SURPRISE…
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Adam Montana – [Do you believe the smaller denominations are already in Iraq and are ready for distribution?  If yes, held in the banks or green zone?]  Yes. At one time I had heard from sources I deem reliable that they were at banks, but that was some time ago. I don’t think it matters where they are held either way.
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firefly – Like I’ve been saying “it’s unfolding before your very eyes if you just look!!  And what the heck are the heads of the WB and IMF doing in Iraq right after last weekends meeting!
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rcookie – ABADI GOING TO INTRODUCE THE NAMES OF NEW CABINET ON SATURDAY!!!
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Kaperoni – Article:  “Ban Ki-moon and Director of the International Monetary Fund and attend the parliament session on Saturday”   I assume she is as frustrated as we are with the lack of effort to pass reform laws.  It may be wishful thinking, but maybe she thinks she can motivate them.  
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For a peek at all the most up-to-date DU News – check the Iraq News Thread (in the forum)…

http://www.dinarupdates.com/forumdisplay.php?5-Current-Iraq-NEWS
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