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 – 05.25.2015

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Thought, not money, is the real business capital. – Harvey S. Firestone

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*** Current News ***

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tlm724 (Dinar Guru) –    Article: “Trouble dollar and rates of customs taxes invoking the prices of goods”   …how can you tax people who have very little?   yes the taxes are needed, it’s part of the plan but what should go hand in hand with that is a lil increase in purchasing power for the people. I say give them more bang for their buck, more ding to their dinar.
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RCookie:….98% OF THE GURUS HAD NOT A CLUE OF WHAT THE IMF LOI WAS UNTIL ABOUT 2 MONTHS AGO…AND STILL DO NOT UNDERSTAND WHAT IT SAYS OR CORRELATES TO HOW LONG IRAQ HAS BEEN INVOLVED AND (their) PROGRESS PERSPECTIVE…ANYONE PURPORTING KNOWLEDGE OF DATE OR RATE OR CONFIDENTIAL HIGH LEVEL INTEL…NEEDS TO BE AVOIDED AND IGNORED WITH PREJUDICE!!!!!….
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firefly (Dinar Guru) –   Parliament could jump in a lake of all I care…has nothing to do with the IMF or the reform.
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Federal Court rules in favor of al-Jubouri

Roudao – Erbil – The Federal Court dismissed on Wednesday a lawsuit Representatives of the protesters on the legality of the Iraqi Parliament Speaker Salim al-Jubouri.

Read More: http://www.dinarupdates.com/showthread.php?34997-Federal-Court-rules-in-favor-of-al-Jubouri-5-25
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rcookie (Dinar Guru) –   Article:  “Liberal bloc: presence of the session next Sunday is linked to the presence of al-Abadi and provide new cabin”   LOOKS LIKE THERE ARE MORE CALLS FOR ABADI TO BE AT SUNDAYS SESSION…AND ADDRESS CABINET RESHUFFLE.
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tlm724 (Dinar Guru) –   …theres a [Parliament] session scheduled for Sunday the 29th…Ramadan begins June 7th thru July 6th…we’ll see what happens with that…so much up in the air as far as parliament is concerned.
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Frank26 (Dinar Guru) –    What about Ramadan?  Will that delay things? I don’t believe that Ramadan will interfere with anything…it’s not even a holiday…It’s a period of fasting.   The IMF doesn’t practice Ramadan. 
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Mountainman (Dinar Guru) –    …this will be CONTROLLED CHAOS…and As We See IRAQ/IRAN and Other Countries Making these MAJOR MOVES…The FINAL STEPS of {ALL} GLOBAL Changes w/ SPEED Are COMING to a (GLOBAL THEATER)  Near You…”HOLD on TIGHT”….The {RUSH} to A NEW REALITY is At THE DOOR…
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rcookie (Dinar Guru) –   Article quote:  “Identified the Presidency of the Council of Representatives and the heads of political blocs next Sunday as the date to hold a parliamentary session.”   LOOKS LIKE WE HAVE A DATE FOR SUNDAY PARLIAMENT SESSION AFTER POLITICAL BLOC MEETINGS THIS MORNING IN ABSENCE OF KURDS…
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Bruce (Dinar Guru) –  We dont do dates and rates…We are in a good place to take off and run with this blessing I think…I am highly expectant.

REALLY?!? This from the biggest “EXPECTATION ARTIST” ON THE INTERNET?!?

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“Round Table” Dinar Call!!

“for Dinar News – that MATTERS!!”
5/23 – @ 7:30pm CST

 Smart phone user link – Click here

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Frank26  (Dinar Guru) –   …IMO…they got Fallujah weeks ago.  As soon as they get the 2 cities back…they’ll tell the citizens…The timing for them to tell you that the enemy is collapsing …that they are succeeding in their expectations…incredible!  This has strengthened Abadi within the INTERNATIONAL world. Would anyone in their right mind invest a billion dollars in Iraq?  Heck no!  But, once laws, rules, regulations in place…yeah!  Abadi has proven himself.  IMO – we’ve cleaned up everything “militarily wise” — and now all Abadi has to do is take credit and simply take a bow to the INTERNATIONAL world!
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Blondie (Dinar Guru) –   Things seem to be progressing quickly in Iraq. Notice that the U.S. is participating big-time in the retaking of Fallujah, which is obviously happening before Mosul. Mosul is huge, but considering that Fallujah is still held by ISIS (even with the Iraqi Army having surrounded it), Fallujah is only about 40 miles from the Capitol. It makes sense to clear out that nest before any offensive on Mosul. Fallujah will also yield intel on ISIS tactics that can be applied to the Mosul Offensive. And the U.S. is front and center.  Interestingly, the U.S. just announced they will begin reselling military weapons to….. Viet Nam, another player in this whole thing. Interesting indeed.
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Poppy3 (Dinar Guru) –  VN [VIETNAM]…THE DONG HAS GREAT ECONOMY TO BUILD ON AND FOR 3 YEARS NOW BEEN IN THE TOP TEN GROWTH ECONOMY IN THE WORLD…EXPECT A NEW RATE THERE SOON IN A RANGE OF .03 CENTS TO A NICKLE. THESE ARE LEGITIMATE NUMBERS AND PROJECTED BY ACTUAL ANNALIST.
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Iraqi Dinar/Dollar auction (most recent listing) 05-25-16

Currency Auctions Announcement No. 3206

This daily currency auction was held in the Central Bank of Iraq on the 05-25-2016

The results were as follows:

More: http://dinarupdates.com/blog/
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tman23 (Dinar Guru) –   Article quote:  “EU will help KRG in coordination with the International Monetary Fund (IMF), an organization which works to foster global monetary cooperation, as well as the World Bank, which indicates that EU supports lending loans to KRG.” Interesting that the EU came out supporting loans directly to the KRG in coordination with the IMF…Then a separate article of the US providing significant financial support for the KRG…although it is money delegated for Iraq…US will be sending it DIRECTLY to Kurdistan… And this follows the steps a few weeks back with the UN and WB providing support for the KRG DIRECTLY.   Appears the big players are not willing to risk funds in Shia hands to be sent to Kurdistan.   Kurdistan is ramping up and baking new pies while Baghdad is still arguing who gets what slice of a 13 year old pie.
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rcookie (Dinar Guru) –  Article quote:  “The European Union decided to support the Iraqi government and the Kurdistan Regional Government, to address the financial crisis, while the declared support for Iraq and Kurdistan in their war against al “Daash” terrorist.”  SO EU MAKING SOLID COMMITMENT OF SUPPORT FOR KURDISTAN REGION TO OVERCOME FINANCIAL CRISIS…AND PROVIDE SUPPORT FOR THE REFORM OF THE ECONOMIC SYSTEM IN IRAQ & KURD REGION…ENSURE TRANSPARENCY & FAIR DISTRIBUTION OF OIL & GAS RESOURCES.
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Iraq received the first of the beginning of July the international loan installment

Financial Advisor to the Prime Minister announced the appearance of Mohammed Saleh, said Iraq will receive the first batch of early next July, the international loan, which is not less than six hundred million dollars.

Saleh said that the total amount of the loan of $ 5.4 billion, pointing out that he payout in the form of thirteen batch, thus indicating that the type of loan to be accessible and with few benefits of up to 1.6%.

Read More: http://dinarupdates.com/blog/
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Frank26 (Dinar Guru) –   Certifications…SWIFT codes…this is all good.  The BIS told Iraq a long time ago to go ahead and raise their value. The IMF is watching Mosul.   I told you…give me Mosul..and you’ll see INTERNATIONALISM!  …we believe that is a precursor for the RV of Iraq. When you see Mosul…BOOM!  The confidence in Iraq is changing everything.  Abadi is building confidence in the GOI and the INTERNATIONAL world.  The citizens are pouring back into Iraq with tears of happiness to their homes.  They know about the reforms.    IMO – they are ahead of their time line…we believe they are ahead of the conditions that they agreed too.  Iraq is going through a propaganda campaign with the citizens. The purchasing power is about to change inside of Iraq! In Iraq…a Dinar is a Dinar.  You need to grasp that.  IMO – they will come out at 1 to 1 inside of their country.  Then 3 days later, you’ll take it. They are about to enter the “INTERNATIONAL” world.
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mike (Dinar Guru) –   …Somebody asked me once, “how do you eat an elephant?” I had a couple smart aleck answers but his reply was, “one bite at a time.”  For me, that’s where the IMF is at with the Iraqi’s, one step at a time. We’re entering the sixth month of 2016 and Iraq’s finances are unraveling on a daily basis. Now that oil has dropped and stayed at such a low level, they’re stuck.  If the IMF can clamp down on corruption, implement income taxes and get Iraq on the straight and narrow, it’s worth $5 billion to them.  Heck, half of that money Iraq has already contributed to the IMF fund, sure there’s risk but with oversight, it diminishes. These guys are still driving the car with no oil in it, at some point it has to dawn on them that change is needed, not for profit, but for survival. Oil is a commodity and they acted like they could ignore basic market principles and the open market economy and it’s backfired in a big way. Those days are over, they need long term solutions.  IMO.
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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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rcookie (Dinar Guru) –   Articles:   “The start of the meeting of the Presidency of the Council of Representatives on Tuesday with the heads of the blocs, but without the presence of Kurdish deputies.”   “Kurdistan Alliance: MPs, ministers will not return to Baghdad until after the implementation of the “benefits“…”  Kurds were absent from attending parliament sessions. Abadi meet with 9 ministers only!  KURDS RETURNING TO BAGHDAD WHEN CHECK IS IN THEIR HANDS AND INK IS DRY….
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Frank26 (Dinar Guru) –   The Jordan/Amman meeting…they agreed in principle…(with conditions)…before they could get the loan…so the IMF could then turn it over to the Board of Directors of the IMF.  They had to complete the list for the monetary reform.  Iraq knows that they WILL NOT get the loan unless they complete the list for the monetary reform.  All of that info is on the ARABIC side of the CBI website.  The instructions are all there…and they are implementing them!  So Iraq is moving pretty fast…   I don’t think it we’ll see it this month…but we don’t think they’re going to wait until July either. I believe that Iraq is ready.  The timing is right for them to raise the value/exchange rate.    [post 2 of 2]
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On the Keywords: We have reached an agreement with the Kurdistan Region to open the central bank in Arbil

The governor of the Iraqi Central Bank, on the Keywords, in an exclusive interview with Roudao Media Network, the central government held talks with the Prime Minister of the Kurdistan Region, Nechirvan Barzani, was agreed to open a central bank in the Kurdistan Region has all the requirements and specifications, and to be part of the bank CBI, pointing out that the Kurdistan region has the right to obtain 17% of the foreign loans obtained by Iraq.

The following is a transcript of the interview:

Roudao: What is the role of the central bank in solving the current economic crisis?

On the Keywords: the central bank represents a fundamental pillar of economic policy in the country, along with fiscal policy, and since the country’s resources have dropped significantly, and in particular since 2015, played a central bank and still plays an important role in trying to overcome the current financial crisis, through his purchase of treasury transfers issued by the Ministry of Finance and purchased by banks, the central bank re deducted, which now stood at more than 12 trillion dinars, as well as the Central Bank allowed the use of 50% of the bank’s reserves has to buy money orders, with an estimated up to 4 trillion dinars…

Read More: http://dinarupdates.com/blog/
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Frank26 (Dinar Guru) –   They got a LOAN!  IMO — This loan is the equivalent of Article 8…What is the definition of Article 8?  The completion of their financial reform. The only way they could qualify for the loan is to do the financial reform… They got the loan…a shadow of what they needed to do. All of this to establish a CREDIT RATING. They DO NOT need the money…They DO NOT need the loan…They have more assets up their “wazzoo” then you’ll ever know.   They needed the credit rating…and they got it…and in return they got a little “chump change”.   15 Billion does nothing for them…but establishes a credit rating for them…for the INTERNATIONAL world!  Better credit rating = INTERNATIONAL BONDS = INTERNATIONAL RATE.  [post 1 of 2….stay tuned]
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tman23 (Dinar Guru) –    We see that Kurd region banks have now adjusted their rate to 131,000 IQD per 100 usd…was 128,000 to 100 usd… What we knew was the CBI intentions were to hold at 1305…  …explaining what it means…Just take it as the KRG region is now exactly what the rest of Iraq is…which means all the banks are on CBI protocols.
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