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 – 04.20.2015

http://www.cbi.iq/

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Bacon is legal in Israel. Bacon is illegal in Saudi Arabia. This shows which culture respects freedom and which culture doesn’t.

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*** Current News ***

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“Round Table” Dinar Call!!

“for Dinar News – that MATTERS!!”
4/21 – @ 4:00pm CST

  from 4/10 – Smart phone user link – Click here

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Shredd – ...finally some leverage to push Iraq into what they CAN do…move to a market-driven currency and start moving out of a dual currency economy which will take away sooooo much corruption and create transparency and fairness in trade. No longer falsely holding down their dinar, sure, it’s not at a buck now but it sure as heck is stronger than a tenth of a penny!  also, good to see a few days ago the push for getting a stronger credit rating as that increases, more investment opportunities at a lower interest rate will emerge which creates lending and then borrowing and then liquidity, it’s all connected.   [post 2 of 2]
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Shredd – “Finance Minister meets US Secretary of the Treasury”   “…reaching an agreement between Iraq and the International Monetary Fund on the standby credit arrangements, and its willingness to contribute to the loan guarantees…”   Iraq is not bankrupt or in financial ruins, so why the support?  they need backing and support arranged for moving to a new monetary policy, for moving to a float…they are saying, hey we are being pushed in a corner and we gotta move on the float…do we have your support while we do this…we can anticipate and project local and global response but we can’t see 100% of it… they must have a strong, smooth transition.   [post 1 of 2….stay tuned]
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Poppy3 – A NEW BUT VERY WELL POSITIONED SOURCE…HE IS SO CLOSELY INVOLVED HE IS FORBIDDEN TO HOLD DINAR…HE SAYS THE NEXT WINDOW DOES NOT OPEN TILL JUNE 1 AND WILL REMAIN OPEN WITH INFORMATION AVAILABLE THROUGH HIS POSITION AT THIS TIME THROUGH THE FIRST WEEK OF JULY…HE SAID AT THAT TIME HE WILL RECEIVE ORDERS FOR THE NEXT 60 DAYS OR SO AS WHAT TO EXPECT AND HOW TO PREPARE FOR FURTHER TRANSACTIONS. THIS IS WHAT THE MAN SAID I COULD SHARE. SORRY IT IS STILL VAGUE BUT I TOTALLY UNDERSTAND AND BELIEVE WHAT HE IS SAYING AS FACT…AND HIS POSITION I WAS VERY IMPRESSED WITH.
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Adam Montana – I love it when Iraq makes things simple for me. For weeks and months, we’ve been at a standstill with Iraq. No progress, nothing to really talk about. But if you’ve been reading the news over the last week, starting on about Saturday… it looks like the time has come for change. In fact, it looks like al Sadr is on a rampage!   Quote:  “Urgent..Sadr calls for ministers to submit their resignations immediately to pave the way for the formation of a new government...”  And you’re going to see that after the weeks and months of dragging feet, we’re on the road to be back in business. Iraq doesn’t want to sit stale and stagnant, any more than we want to witness it. We haven’t heard a peep about the HCL in months, and it seemed like nobody was going to do anything about it. Looks like that changed, so let’s hope for some good news out of this little shake-up.
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Mountainman – So The SOLUTION that is MOVING FORWARD {NOW}  is to RAISE the VALUE at a Minimal of 1 to 1…and {EVERYTHING} Done Up UNTIL this POINT was to CREATE/HOUSE this REALITY…for GLOBAL TRADE/CITIZENS/ and INVESTORS…And EVEN w/CORRUPTION w/in The CBI/GOI and The CURRENT Technocrats Coming Into Play that EVEN Plays A (MAJOR) ROLE, but is {NOT} The ULTIMATE SOLUTION…But A Necessary ELEMENT for The RAISING of the IRAQI DINAR to A PARALLEL or COMPARATIVE Rate w the DOLLAR…IMO.   [post 2 of 2]
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Mountainman – Article:  “Iraqi dinar oil between the hammer and the anvil of political conflicts!”  Quote:  “…it is necessary to go seriously to revive the project to delete the zeros as a necessary step for the rehabilitation of the Iraqi dinar and the issuance of more valuable banknotes...”   WOW…What I See is Being said Here Is that…SHABIBI is Back and As The AUTHOR and FINISHER of His PROJECT to DELETE the 3 ZEROS and IMPLEMENT it NOW is Paramount for their Country in Spite of OIL PRICES…And In Order to (Maintain) ORDER/Confidence for ALL PARTIES/ Including the CITIZENS…It’s A BURDEN for their MERCHANTS…and CITIZENS to Use their LOCAL CURRENCY at it’s CURRENT VALUE…  [post 1 of 2…stay tuned]
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Shredd – Article quote:   “according to assurances from close sources meetings, the agreement will contribute not only in Iraq for concessional financing but will significantly help in obtaining financial support from the international community and facilitate entry into the international capital markets.”  this means the actual move to a market economy…this tells me that the plan is set…but they need to have admin and financial support for WHEN this takes place.   this article certainly supports the financial stability Iraq is looking to secure during this upcoming time of monetary policy change…Good evidence the plan to move to a market economy is still on track…it tips their hand that they are nearing change.
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Frank26 – THE SPEAKER OF THE HOUSE JABOURI HAS SUSPENDED PARLIAMENT.  THIS MEANS THAT ALL MINISTERS GOOD OR BAD ARE NO LONGER WITH IMMUNITY…THEY ARE WITHOUT A JOB.  THEREFORE ABADI CAN APPOINT HIS CABINET BY PROXY.  ABADI CAN GO AFTER THE BAD MINISTERS AT WILL. ABADI WILL PLACE  HIS GOVERNMENT VIA PROXY AND 5 LAWS THEN HE WILL HOLD ELECTIONS AND HAVE A CARETAKER GOVERNMENT AND NO ONE CAN STOP THIS NOR MESS WITH THIS.  BUT THE MOST POWERFUL THING THAT I HAVE TO SHARE WITH YOU RIGHT NOW IS A QUESTION:  WHY IS THE HEAD OF A DEPARTMENT LIKE THE UST …JACK LEW…SITTING FOR THREE DAYS IN A ROW WITH IRAQI OFFICIALS?
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Source: al-Jabouri infallible will be asked to dissolve Parliament and hold early elections

Baghdad – Parliamentary sources, Wednesday, the President of the House of Salim al-Jabouri to visit President Fouad Massoum, adding that al-Jabouri infallible will be asked to dissolve Parliament and hold early elections.

The source said in an interview for “sky”, “Parliament Speaker Salim Al-Juburi went to visit President Fouad Massoum”.

The source said on condition of anonymity, said al-Jabouri infallible will be asked to dissolve Parliament and hold early elections. ”

A parliamentary source said early Wednesday that the chaos occurred inside the House, cause upheavals to trap some of the deputies commissioned mp Mishan al-Jabouri request requires the removal of the three presidencies, said Salim Al-Juburi asked the President of President Fouad Massoum to attend Parliament.

Earlier, the source said Tuesday that the number of signatories to the sacking of the three presidencies reached 167 Vice “, adding a” this dismissal presidencies have reached normalcy.

Read More: http://www.dinarupdates.com/showthread.php?33615-Source-al-Jabouri-infallible-will-be-asked-to-dissolve-Parliament-and-hold-early-ele&p=150628#post150628
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Millionday – Article quote:  “Iraq holds intensive talks with the International Monetary Fund and the World Bank…It conducted an Iraqi government delegation in Washington DC, with officials of the International Monetary Fund and World Bank process of financial and economic reform in Iraq.”  THIS IS GOOD…WHOOOPOW.   Quote:  “Kurdish officials are in Washington to ensure that the autonomous Kurdistan Regional Government (KRG) receives its share of an estimated $15 billion worth of financial assistance that the International Monetary Fund (IMF) is expected to approve for Iraq.”  THEY ARE THERE TO ENSURE THAT THE…FUNDS ARE SHARED WITH KURDISTAN — THIS IS OBVIOUSLY LOOKING AS IF IRAQ IS MOVING FORWARD IN THE COMPETITIVENESS IN THE MARKET…
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BGG – I’m telling you folks…(not a prediction)…It will not surprise me if Abadi scraps this Parliament and has early elections. In the mean time – he can seat his Cabinet “by proxy” (I think)…and do the things he needs to – weeding out these corrupt ministers.  ( the above would NOT SURPRISE ME)  [Couldn’t that open door for Malaki to come back?]   It would actually open the door to direct prosecution against him.
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Iraqi Dinar/Dollar auction (most recent listing) 04-20-16

Currency Auctions Announcement No. 3183

This daily currency auction was held in the Central Bank of Iraq on the 04-20-2016

The results were as follows:

More: http://dinarupdates.com/blog/
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Kaperoni – Article: “Iraqi dinar oil between the hammer and the anvil of political conflicts!”   Quote:  “Following the appointment of a new leadership of the bank put the current governor and the agency on the Keywords project again pledged to implement it at the beginning of 2017…”  I do… like the reference to 2017 in the article.  There were several articles last year that talked about the issuance of 3 new lower denominations (50, 100, 200) early 2017 (which then we deducted the float would have to start prior to raising the dinar enough to warrant the new notes).  This time around with the IMF talking about the “Iraq will return to the market mid-2016” which we know would drive the value of the dinar up, and the articles about issuing 3 lower denominations early 2017, and todays notice that they want liberate Mosul by end of year, it seems everything is lining up to begin the float very soon (sometime from now to the end of the year) with a rate of .05 or so early 2017 which would demand the release of the first 3 smaller bills (50, 100, 200).  Interesting puzzle.   We can hope anyway.
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Islandg1211 – It’s the separate interests of three becoming one, protected by the US military, that will bring the next planned phase of peace and reconstruction.  The Sunnis, Kurds, and Shiite need to have their respective interests met in order to unite and become one GOI, one currency, and one military.  Uniting the three Presidencies and Abadi and getting the new Ministers voted in would finally unite the GOI so they can get the needed laws passed. The HCL and RV unites everyone: GOI, CBI, citizens of all regions, and international oil companies.
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Chest: elections, “early” may be the beginning of the end of quotas and corruption

Chest: elections, “early” may be the beginning of the end of quotas and corruption

Saw the cleric, Muqtada al-Sadr, on Wednesday, said that “early elections” may be the beginning of the end of quotas and corruption!!

Read More: http://www.dinarupdates.com/showthread.php?33619-Chest-elections-quot-early-quot-may-be-the-beginning-of-the-end-of-quotas-and-corruption&p=150632#post150632
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Mountainman – Well Other than HANGING A NEON SIGN…This is As INTENTIONAL by {ALL} Parties as it Gets...Welcome to ARTICLE 8 COMPLIANCE w/a STAND BY…and MORE to COME…It’s Unfolding… AWESOME…It’s {URGENT}!  (8) = New Beginnings Even Now…Unfolding… w/Long MEETINGS…
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Islandg1211 – After last week’s chaos in the GOI, the last few days were filled with meetings. Looking at concessions, money, military aid and future meetings, hopefully things are speeding up. Zebari’s meetings look to be successful with the IMF, World Bank, and it appears he will be bringing home the bacon with loans, bonds, and maybe even a better credit rating.  Shababi should be happy not to use any more of the CBI’s reserves to pay contractors and bills.  The Kurds got US money for their military, we’ll see what happens to Zebari. The war on ISIS in Mosul got more troops and helicopters.  It was great to see that article on the US military strongly supporting the three presidents and Abadi’s reforms.   IMO The GOI really needs to come out tomorrow [Tuesday] with unity and actually vote in Abadi’s technocrats and move on to voting in the basket of laws. IMO end of April is the IMF’s preferred time to RV.
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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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