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
| CURRENCY | CODE | SELL | BUY |
| US dollar | USD | 1182.000 | 1180.000 |
| Euro | EUR | 1348.544 | 1347.870 |
| British pound | GBP | 1704.917 | 1704.064 |
| Canadian dollar | CAD | 920.848 | 920.387 |
| Swiss franc | CHF | 1213.303 | 1212.697 |
| Swedish krona | SEK | 145.162 | 145.090 |
| Norwegian krone | NOK | 144.268 | 144.196 |
| Danish krone | DKK | 181.233 | 181.142 |
| Japanese yen | JPY | 10.861 | 10.856 |
| Special Drawing Rights |
SDR | 1670.603 | 1669.768 |
http://www.cbi.iq/
Indicative rates – 05.12.2015
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All you need in this life is ignorance and confidence, and then success is sure. – Mark Twain
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*** Current News ***
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Mountainman (Dinar Guru) – Article: “Vietnam: First digital bank service opens” Vietnam and {ALL} Other Countries are DESTINED for this GLOBAL BANKING Change...It’s A GOOD Sign for What We Wait to See as Well…IMO.
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Backdoc (Dinar Guru) – Article: “Vietnam: First digital bank service opens” WHEN I SAW THAT THE FIRST DIGITAL BANKING SERVICE STARTED IN VIETNAM I WANTED TO SAY WE HAVE A RATE THERE BUT ON FURTHER CONTEMPLATION I BELIEVE THE RATE IS STILL THE SAME UNTIL ALL COUNTRIES MAKE THE SWITCH! THAT FLAT GETS ME EXCITED BECAUSE WE HAVE TO BE VERY CLOSE TO WHEN RATES WILL CHANGE VALUE!
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Poppy3 (Dinar Guru) – BOMBINGS PRODUCT OF MALIKI GOONS AT THEIR BEST… MALIKI DOING EVERYTHING TO DISRUPT PROGRESS. REMEMBER HE TURNED 1500 PRISONERS LOOSE AND THEY WHERE NEVER CAUGHT…THEY ARE DOING HIS DIRTY WORK NOW — IT WILL NOT STOP PROGRESS…ABADI AND OTHERS DETERMINED MORE THAN EVER TO COMPLETE FINANCIAL REFORM.
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BGG (Dinar Guru) – For all those pointing to the bombings of today as some kind of “major” reasoning for no RV…This is classic ISIS strategy – every time Baghdad gets close to some kind of resolution… they do their best to throw a wrench in the works. It is in their best interests to keep Sunni moderates and Shia progressives at odds with one another…They almost HAVE TO HAVE this chaos to survive… ironically (and this is why many are saying Maliki needs to go to jail) Maliki needs the same thing… What the bombings tell me – ISIS is worried about some coming “alignment” of the GOI – Sunnis and Shias… ALSO – Maliki’s “sitters” (protestors in Parliament) are contesting every single move by MP’s trying to get things done for the Iraqi people…this all becoming more and more obvious to the average Iraqi. Bad news for crooks and terrorists.
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Central Bank Governor: Near give Iraq $ 15 billion over two years
Confirmed for the morning {} that the financial reserve reassuring international recognition
Baghdad , Tariq al – Araji – The central bank revealed near granted Iraq $ 15 billion paid over two years from the International Monetary Fund, the seven industrialized nations and the World Bank to help Iraq to overcome the financial crisis. And as he emphasized that the bank reserves of hard currency reassuring recognition of international organizations, he stressed not to raise the price of the dollar against the dinar because it would adversely affect the low-income people. The governor of the central bank on the Keywords in the interview with the «morning» dialogue: that Iraq is facing two major challenges in the economic and financial system and the two border crossings, customs, and the sale of foreign currency to the associated funds.
The following is the text of the interview
* What is your appreciation of the currency market selling daily?…
…* Wayne arrived the project to delete the zeros?
– The project to delete the zeros still exists in the Central Bank, but can not do this job unless stability is achieved in the country, organizational stability and administrative and financial , to ensure that breaches or problems in the implementation of the project.
Read More: http://www.dinarupdates.com/blog/
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Frank26 (Dinar Guru) – Imagine if this would have happened three, four, five years ago when it was supposed to…alot of people would have missed out on the opportunity…now that time has gone by from when they were supposed to do it…I think that the popularity of this subject has really grown.
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Breitling (Dinar Guru) – Lots of great info out there…principle based investing…Iraq is not going to take a 180. Iran compared to Iraq. They are competing in the same oil. Iran does not have as much oil as Iraq…that’s one of the scenarios you have to understand and look at. The other is in order for Iran to pull out a barrel it’s $15…for Iraq it’s $6…there you go it’s half the price for Iraq to be able to do it. So not only does Iran have not as much oil it cost more to take it out of the ground. So they are not about to compete with Iran on that level and if they [Iran] do sell it on the Euro in the end it’s not going to mean anything…70% of the economy of the globe is running itself on the US dollar. 32% of the world’s economy is the United States. One country 32% of the world’s economy. 70% of the currency used in trade around the globe because it’s internationally used [is the US dollar].
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rcookie (Dinar Guru) – ABADIS CABINET HAD QUORUM [TUESDAY]…AND ACTUALLY GOT A FEW THINGS DONE… AND DID SO…UNDER ARTICLE VII OF RULES OF PROCEDURE…
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Iraqi Dinar/Dollar auction (most recent listing) 05-12-16
Currency Auctions Announcement No. 3197
This daily currency auction was held in the Central Bank of Iraq on the 05-12-2016
The results were as follows:
| DETAILS | NOTES |
| Number of banks | 33 |
| Number of remittance companies | 19 |
| Auction price selling dinar / US$ | 1182 |
| Auction price buying dinar / US$ | —– |
| Amount sold at auction price (US$) | 144,348,479 |
| Amount purchased at Auction price (US$) | —– |
| Total offers for buying (US$) | 144,348,479 |
| Total offers for selling (US$) | —– |
More: http://dinarupdates.com/blog/
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Freedom of movement of capital to attract investment
BAGHDAD – Imad Emirate – Called economic Academy to ease restrictions on money entering heads to Iraq what would bring more attractive to foreign investment that the country needs to strengthen the infrastructure and development services.
Read More: http://www.dinarupdates.com/blog/
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Mountainman (Dinar Guru) – The WTO Awaits the CELEBRATION of the Ceremony in June…So EVERYTHING else we see Culminating Now is The SIGNS We Need to See…PROGRESS for the FINAL VOWS…So to Speak…IMO.
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Bluwolf (Dinar Guru) – There is only a one rv basket with only 20 countries to revaluate, the rest will either devaluate or make minor adjustments to there current currency values. all will move sistimaticly and are synchronize to go into existence simultaneously…THERE WILL NOT BE ANY DOUBLE DIPPING WHAT SO EVER. ONCE the revaluation is official those rates will be maintained for a time lapse of no less then 30 days. …”this shall come to pass as a thief in the SILENCE of the night.” And not before!
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Adam Montana (Dinar Guru) – [Can you answer with any degree of surety, is this an “IF,” or a “WHEN”?] IMO this is definitely a “WHEN” and “HOW MUCH” question, not an “IF”.
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Bondlady (Dinar Guru) – …within the last 2 weeks, we started seeing delete the zero articles again as there hadn’t really been any for several months, that’s one, …two is …they give us a approx. date there going to begin it supposedly this time its for real…the beginning of the 1st half of 2017…third…they then release a article within a few days later saying Iraq just received swiss printing machines for making Iraqi currency…literally saying this lol …if iraqs gonna print there own currency it would literally save them billions of dollars …but the thievery would be great unless iraqs not the one who has access to doing this but only the people in real charge like the imf an world bank…if this is the case then there’s a very good chance something is about to happen within now to the middle of next yr that’s gonna define our investment even more.
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Adam Montana (Dinar Guru) – [With Abadi talking of the money smuggled out of his country, what are your thoughts on the money we bought?] I have no concerns about our Dinar, especially those of us that bought from dealers. Those dealers are licensed, the bills they brought into the US were all declared, cleared customs, etc. No concerns there IMO.
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Delta (Dinar Guru) – …a month ago a columnist in Iraq said that all the citizens they know something has to happen…that they are expecting a revaluation…this columnist was saying he was expecting something within two months…this article was a month to a month and half ago so people are expecting change.
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Mountainman (Dinar Guru) – We See The Inference that some things have been Done Technically Behind the Scenes…But the PUBLIC Exposure is What is Needed at this Point w/ the US BANKS…Until Then….We Will See NO FINAL RESULTS w/IRAQ…Keep in Mind…Yes The IMF said they will Finish w/IRAQ this Month…So I EXPECT Something MAJOR to REVEAL Itself w/the U S A BANKING Road Blocks…And IRAN…This is THE KEYS to An INTERNATIONAL WEDDING of GREAT VALUE…So to Speak…For that was The DEAL Made w/IRAN/IRAQ…IMO. [post 2 of 2]
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The Exchange Rate of Foreign Currency in Economic Feasibility Studies
Below are the central controls related to the exchange rate of the foreign currency to convert the project inputs and outputs from foreign currency to its equivalent in the local currency, and that is by calculating the net discounted present value standard and the internal return on investments in economic analysis that governs investment projects that costs excess one million dinars.
Estimate the shadow price of foreign currency:…
Read More: http://www.dinarupdates.com/blog/
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Mountainman (Dinar Guru) – …You {CANNOT} have A WEDDING w/Out The GROOM = IRAN…therefore IRAQ being the BRIDE, Requires the GROOM to Show UP Ready for the CEREMONY…Thus the REASON for Everyone Running to IRAN on A Personal Interest Level and The NEED for {EVERYONE} to See (ALL) US BANKING Barriers Removed…This Will CLEAR the FINAL Road Blocks that will FREE UP the Other GLOBAL Countries TRADE TRANSACTIONS thru [SWIFT] w/IRAN… [post 1 of 2….stay tuned]
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Delta (Dinar Guru) – …the report…on the CBI website about the 4th and 5th…they talk about the RTG…the RTG is about the clearance on a check as we do here in the US…the Iraqis are working on this…what the CBI report is referring to is that for you to get a check to clear you need to get the work done on the 4th or 5th, because you will not be able to do so between the 8th and the 11th…so IMO…looks like something could be happening after the 11th…the bank is saying…this is a holiday…but that holiday was on Tuesday…this past Tuesday…so for the CBI to be telling people about these dates…maybe the auctions will stop…or something else really huge…remember when the value changes…everything has to change, they have to drop the 000’s from everywhere.
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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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