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

______________________________________________________________

CURRENCY CODE SELL BUY

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

Indicative rates – 04.10.2015

http://www.cbi.iq/

______________________________________________________________

There is no such thing as a good tax. – Winston Churchill

______________________________________________________________

*** Current News ***

______________________________________________________________

“Round Table” Dinar Call!!

“for Dinar News – that MATTERS!!”
from 04/10 – @ 4:00pm CST

 Smart phone user link – Click here

______________________________________________________________

rcookie – “Forming a government that satisfies all parties will lead to political stability and the effects wear off one high exchange rate…subject to change the value of the dinar is linked to the financial situation , which will be determined by the price of oil in the next two months…” STABILITY = CONFIDENCE = HIGH EXCHANGE RATE SUBJECT TO CHANGE VALUE OF DINAR.
______________________________________________________________

BGG – “Forming a government that satisfies all parties will lead to political stability and the effects wear off one high exchange rate…subject to change the value of the dinar is linked to the financial situation , which will be determined by the price of oil in the next two months…”  Big news out this AM…sounds like Iraqi insiders are alluding to something happening with the value of the Dinar within the next two months…   
______________________________________________________________

______________________________________________________________

rcookie – Article quote:  “general amnesty law and the law of accountability and justice will be voted on them in the parliament , ” adding that “this vote will come within the parliamentary reforms.” FEDERAL COURT….AMNESTY…DEBAAATH LAW ALL IN 1 BASKET RESOLVES IN PARLIAMENT REFORM PACKAGE…BOULYAAAAAAAH!!!
______________________________________________________________

wmawhite – The GOI reshuffle is for two purposes…one…putting experts in the ministries in order to rebuild Iraq and two, changing the culture of greed…of stealing from the government just because you were entitled to the position.
______________________________________________________________

Poppy3 – you will see A NEW RATE IN JULY…REMEMBER THEY SAID THE FIRST HALF OF 2016 AND WHERE… MYSELF INCLUDED…HAVE BEEN PLANNING ON THE FIRST OF JUNE THEY HAVE BEEN TARGETING JULY OR THE LAST WEEK OF THE FIRST HALF. NOW RUMOR HAS IT THEY ARE MAKING MANY PLANS FOR SEVERAL CHANGES AT ONE TIME THE FIRST WEEK OF JULY.   NOW BEFORE WE QUESTION THIS POST…ANSWER ONE QUESTION…HAVE THEY EVER ONCE DONE ANYTHING ON TIME?   NEVER HAVE THEY EVER FINISHED ANYTHING ACCORDING TO IMF, UN, WORLD BANK… NEVER…THEY HAVE NEVER IN 12 YEARS MET ANY OF THEIR…DEADLINES ON TIME. I BELIEVE WE…RELAX TILL THE END OF JUNE…THEN GET EXCITED OF POSSIBILITIES IN THAT TIME PERIOD. 
______________________________________________________________

Follow us on twitter @DinarUpdates !!

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

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

wmawhite – …no where is there a statement from the CBI concerning the international value/rate of the IQD being determined by the price of oil over the next to [two?] months… nowhere…whenever the CBI, GOI Parliament Finance speak about the price of the IQD…they are speaking about the street price. The IQD, as of today, does not have an exchange rate, an international exchange rate. Instead, it has an artificially imposed buy/sell value.  Here is why they speak about the price of oil affecting the price of the IQD:  …the GOI sells the oil. They receive payment from around the world in USD. The GOI then takes the USD and sells it to the CBI for IQD. The CBI turns around and sells the USD to the banks for…guess what? IQD. This is what that statement is referring to.  What we are looking for…is different…and they will not be advertising the details in advance.
______________________________________________________________

Mnt Goat – As we know they only had 10 days to conclude this technocratic govt – tic toc only days away.  …these reforms should be of no surprise to anyone. Abadi it not doing them to be a nice guy. He is doing them because the UN and the USA wants a “fully seated” and “fully functional” government (as well as other mandates) prior to any RV…Folks its not all about the RV. The RV is a by-product of the process and the process is fulfilling the necessary mandates…the CBI is going to come right out and communicate it to us in the news media when the time is ready to move to article 8 (thus begin the RV process).
______________________________________________________________

Sistani and Iran and America agree: Abadi remain in power and appoints new ministers

BAGHDAD / Hassan Shammari: Sajjad stressed horses analyst provides advice to the Prime Minister Haider al-Abadi, on Wednesday, the US and Iranian religious cleric Ali al-Sistani had them all have the same opinion, “Abadi remain in power and appoints new ministers.”+

According to a report for “Middle East Online” and seen by “Sky Press”, citing political sources said that “the two rivals break-ins, WA, and Tehran had put pressure on their allies in Iraq not to seek to remove Abadi at a time when trying to form a government of technocrats,” adding that ” US and Iranian efforts helped to bury the attempt last week to keep down Abadi carried out by al-Maliki, Secretary-General of the Dawa party, which controls about one-third of the seats in parliament. “…

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

wmawhite – …the world has already been told numerous times by numerous entities that Iraq is in the process of entering the economy market…not by me but, instead by the CBI, GOI, Parliament, IMF, WB. etc. …IMO we are at the point in this investment that we are trying to understand how this will manifest itself. As one of your researchers has stated before, this is not an on/off switch investment.
______________________________________________________________

Tlar – Article quote:  “The Prime Minister Haider al-Abadi, ladder, on Thursday (31st March 2016), the new government formation to the President of the House of Representatives, Saleem al-Jubouri, a closed envelope, while the parliament voted to give confidence to the candidates within ten days.”   It looks as though next week will be the turning point for Iraq as the technocrats should be voted in.  
______________________________________________________________

Iraqi Dinar/Dollar auction (most recent listing) 04-10-16

Currency Auctions Announcement No. 3175

This daily currency auction was held in the Central Bank of Iraq on the 04-10-2016

The results were as follows:

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

Mike – It’s just an opinion, but in its current status, the dinars worth 1275-$1. However, if they move to Aticle VIII and move to an open market economy, the dinars value should be significantly higher.
______________________________________________________________

wmawhite – …why is there this all out effort by Iraqis and the international community to rid their country of corruption? Why now?   the answer:   ….as another investor told me who happens to be a banker…because it is time…there is no other reason why…because it is time to do it.  And you can see evidence of this from the CBI, GOI, Parliament, the IMF and WB.
______________________________________________________________

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!!)

______________________________________________________________

Poppy3 – [...US Secretary of State John Kerry met at the US embassy building in Baghdad delegation of the Kurdistan region, headed by the Prime Minster Nechirvan Barzani and the new Kerry during the meeting support for the province of Peshmerga forces…]   Kerry…FOR WHAT HIS WORDS ARE WORTH…HE PRAISED IRAQ’S PROGRESS IN MANY AREAS AND TOLD THE PEOPLE OF IRAQ TO BE PROUD AS THEY ARE ABOUT TO RE-ENTER THE GLOBAL ECONOMY. HE HAS TONS OF DIGNATARIES WITH HIM FROM OTHER COUNTRIES.  RUMOR SAYS THEY HAVE PROMISED THE PROTESTORS AND ARE HANDING THEM A 50 DINAR BILL TO GET THEM TO STOP THE PROTEST FURTHER. MOST WHERE ACCEPTING IT AND LEAVING . TIME WILL TELL ARE THEY READY OR NOT.
______________________________________________________________

Millionday – [did iran change value today? i had seen a report of its value against iraq and the dollar.]  THEY HAVE A PLANNED PARTY ON THE IRAN AND IRAQI BORDER WITHOUT VISA RESTRICTIONS TO CELEBRATE TRADE.   IMO — THE MANY THINGS GOING ON ARE AMAZING DUE TO THE TIMELINE…
______________________________________________________________

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
______________________________________________________________

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