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
| CURRENCY | CODE | SELL | BUY |
| US dollar | USD | 1182.000 | 1180.000 |
| Euro | EUR | 1337.315 | 1336.646 |
| British pound | GBP | 1743.568 | 1742.696 |
| Canadian dollar | CAD | 922.141 | 921.680 |
| Swiss franc | CHF | 1232.662 | 1232.046 |
| Swedish krona | SEK | 143.595 | 143.523 |
| Norwegian krone | NOK | 142.695 | 142.624 |
| Danish krone | DKK | 179.848 | 179.759 |
| Japanese yen | JPY | 11.354 | 11.349 |
| Special Drawing Rights |
SDR | 1676.632 | 1675.793 |
http://www.cbi.iq/
Indicative rates – 06.25.2015
______________________________________________________________
When you believe something can be done, really believe, your mind will find ways to do it. – David Schwartz
______________________________________________________________
*** Current News ***
______________________________________________________________
SteveI (Dinar Guru) – …our investment…is approaching the final stages of completion.
______________________________________________________________
Follow us on twitter @DinarUpdates !!
Don’t MISS – “DU NEWS TIME” w/RCookie in DU CHAT ROOM – Sunday 7:30pm EST
www.DinarUpdates.com – save as favorite!
______________________________________________________________
rcookie (Dinar Guru) – IN ADDITION TO THE PERFORMANCE REVIEWS THAT IRAQ GOES THROUGH TOWARD THEIR SMP PERFORMANCE AND GOALS…REMEMBER WHAT OTHER REVIEW THEY PARTICIPATE IN AND THE INTERVAL…Article IV Consultation…Iraq is on the standard 12-month consultation cycle. The last Article IV consultation was concluded on July 29, 2015…SO WHAT DOES THIS TELL US…IF THE SMP THAT QUALIFIED THEM TO RECEIVE THIS 18 BILLION SBA ENDS IN 2016… [IS THIS THEIR LAST ONE?] TELL EM WHAT HES WON JOHNNNY! THINK OF IRAQ AS HAVING GONE AND GRADUATED FROM UNDERGRAD SCHOOL…GONE ON AND GOTTEN THEIR MASTERS…WENT FURTHER AND EARNED THEIR PHD…AND NOW HAVE TO GO OUT INTO THE GLOBAL MARKET AND APPLY WHAT THEY HAVE LEARNED! [post 2 of 2]
______________________________________________________________
rcookie (Dinar Guru) – OK…THERE HAVE BEEN A LOT OF QUESTIONS…DISCUSSION AND RUMORS CONCERNING IRAQ POSITIONING IN EARNING AND RECEIVING ACCESS TO THEIR IMF SBA LOAN UMBRELLA…OFF OF THEIR IMPECCABLE PERFORMANCE IN THEIR SMP (STAFF MONITORED PROGRAM) THAT STARTED IN JAN 2015…AND RUNS THROUGH DEC 2016…REVIEWS ARE WHAT WE MEASURE AND WEIGH IRAQS PERFORMANCE AGAINST TASK IN THEIR SMP…THE SCRUTINY THEY HAVE BEEN UNDER IN MORPHING THIS NATION…CULTURE…AND ECONOMY SINCE 2004 IS STUNNING! SCRUTINY AND GUIDANCE AND TECHNICAL ASSISTANCE FROM WTO…IMF…WB…UN… SIMPLY AMAZING…AND WE ARE ALL FORTUNATE TO BE TAKING THE RIDE WITH THEM! [post 1 of 2….stay tuned]
______________________________________________________________
Iraqi Dinar/Dollar auction (most recent listing) 06-23-16
Currency Auctions Announcement No. 3227
This daily currency auction was held in the Central Bank of Iraq on the 06-23-2016
The results were as follows:
| DETAILS | NOTES |
| Number of banks | 33 |
| Number of remittance companies | 17 |
| Auction price selling dinar / US$ | 1182 |
| Auction price buying dinar / US$ | —– |
| Amount sold at auction price (US$) | 135,861,364 |
| Amount purchased at Auction price (US$) | —– |
| Total offers for buying (US$) | 135,861,364 |
| Total offers for selling (US$) | —– |
More: http://dinarupdates.com/blog/
______________________________________________________________
firefly (Dinar Guru) – Like I said, June will be a VERY interesting month … (or did I say “a very hot month).
______________________________________________________________
rcookie (Dinar Guru) – Article: “Parliament will hold its sessions before the feast of the Federal Court and got to separate appeal at its” NATIONAL ALLIANCE MP ZAIDI ANNOUNCES THE HOR WILL RESUME AT END OF LEGISLATIVE RECESS (JULY 1ST) BEFORE EID HOLIDAY…AND OUTLINES THE FEDERAL COURT RULING ON 2 SESSIONS SUBMITTED SUNDAY BY COURT PREPARER… AND RULED ON TUESDAY…FOLKS THIS IS GOING TO GO DOWN IN THE NEXT 4 DAYS…WITH THE DIRE NEED OF PARLIAMENT TO BE RE-ENGAGED TO GET VOTING ON WHAT THE IMF WANTS DONE TO GET THE SBA LOANS…PUBLIC FINANCIAL MANAGEMENT LAW…REVISED 2016 BUDGET LAW…CBI LAW… INVESTMENT LAW AMENDED…AND BANKING LAW… [No voting…no loans…] NO SOUP FOR YOU! [SO THEY COME BACK ON THE 1ST AND VOTE?] THATS WHAT THE MAN SAID.
______________________________________________________________
Banks raise Iraq’s Stock Exchange
Twilight News / general index of the Stock Exchange of Iraq ended the trading session on Tuesday at an altitude of 0.81% for the third consecutive day, to a level Al513.41 points to win 4.10 points to its value.
It was treated at 1.094 billion shares valued at 768.45 million dinars, distributed over 469 transactions.
Issued gainers Tigris and Euphrates Bank by 9.09%, as the Iraqi Investment Bank rose by 7.14%.
In contrast, the losers Gulf Insurance shares issued by 2.78%, and the Asia-Cell Telecom dropped by 1.12%.
The general index of the Iraqi market for securities trading closed Monday, a rise of 0.73%, a winning 3.70 points, reaching the level of 509.31 points…
Read More: www.DinarUpdates.com/blog
______________________________________________________________
Millionday (Dinar Guru) – Press release quote: “…the Iraqi Foreign Affairs Ministry, said, “Iraqi Foreign Affairs Minister Ibrahim al-Jaafari received the US Ambassador to Baghdad Stuart Jones today. During the meeting they discussed about the bilateral relations between Baghdad and Washington, the latest security and political updates and the war against ISIS.” THEY INTEND TO KEEP EVERYTHING SECURE AND ARE VERY HAPPY IN THE SUCCESS AND PROGRESS — EXACTLY WHAT WE WANT TO SEE ALONG WITH EVERYONE ELSE. LOVE IT WITH THE CBI ADVISOR BEING SO HAPPY TOO – WHOOOPOW…SO THIS IS GREAT NEWS EVERY WAY YOU LOOK AT IT.
BGG ~ Really?!? Exactly who, in this piece is an advisor to the CBI?? Where does it say “he/she or they” IS HAPPY??
______________________________________________________________
rcookie (Dinar Guru) – A RETURN TO PARL IS NECESSARY TO VOTE ON THE LAWS AND INITIATIVES CUED UP AND AWAITING…THE MOST IMPORTANT SHORT TERM IS TO VOTE ON 2016 BUDGET LAW SO THE SBA LOAN MONEY IS ACCESSED AND DISBURSED…
______________________________________________________________
Iraq: the agreement with the IMF is going according to plan
Economy News / Continue … Prime Minister fiscal policy adviser said the appearance of the benefit, if Iraq agreed to request the International Monetary Fund to provide loans that will help the country to overcome the crisis in liquidity resulting from the drop in oil revenue measures.
Saleh said in remarks followed up “the economy News” that the agreement reached last month between Iraq and the International Monetary Fund is going according to planned…
______________________________________________________________
rcookie (Dinar Guru) – Article: “Document” Finance Minister issued a ministerial order appointing directors of the Rafidain and Rasheed” SO…WE HAVE NEW DIRECTORS OF RAFIDAIN AND RASHEED BANKS APPOINTED BY MoF ZEBARI…REMEMBER…ABADI JUST CLEANED HOUSE LAST WEEK…BUT WHY IS ZEBARI ANNOUNCING THE NEW DIRECTORS…WHO OWNS RAFIDAIN AND RASHEED BANKS…THE MINISTRY OF FINANCE. I THINK THEY ARE BEING POLISHED AND STAGED FOR A REVEAL.
______________________________________________________________
firefly (Dinar Guru) – Article: “Doaash in Mosul surrendered to security forces” Love it!
______________________________________________________________
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!!)
______________________________________________________________
rcookie (Dinar Guru) – THE 2010 CUSTOMS AND TARRIFFS HAVE BEEN AND ARE AT HIS VERY MOMENT ACTIVATED AND BEING COLLECTED...WHAT WAS DELAYED WAS THE NEW INCREASES TO CERTAIN GOODS CHANNELS…
______________________________________________________________
wmawhite (Dinar Guru) – Article: “Iraqi trade talks with Citibank to develop relations” Quote: “…exchanges between Citibank and the Trade Bank of Iraq, as well as lifting the barriers that stand in the way of traffic and movement of money Iraqi around the world)...” here is a review of earlier news: THE REPORT THE OTHER DAY ON EU LINED UP FOR BASRA AND NOW… Article: “Baghdad confirmed its success in attracting international companies to implement investment projects…” Combine this with such news as the Citibank/TBI talks and the Bahrain Bank buying up additional shares of the TBI. If this doesn’t get you excited…then…call 911!
______________________________________________________________
Iraqi trade talks with Citibank to develop relations
BAGHDAD – Qusay, Monzer – Search Director General of the Trade Bank of Iraq, Faisal Sam Alheims with Conception Flannery, Managing Director of the Office of Citibank in Iraq examine how which will develop and strengthen banking relations and financial exchanges between Citibank and the Trade Bank of Iraq, as well as lifting the barriers that stand in the way of traffic and movement of money Iraqi around the world). He said a statement received (time) yesterday that (the meeting between the two sides is part of the bank’s policy of developing relations with major international banks and financial institutions around the world and the recruitment and use these relations to serve the customers the bank and the provision of advanced banking services on a global level and to meet the development and reconstruction requirements the reconstruction of areas affected by the terrorist attacks)…
Read More: http://www.dinarupdates.com/blog/
______________________________________________________________
firefly (Dinar Guru) – My thoughts are that the IMF and IRAQ completed their agreements that IMO would bring us what we have been waiting for…Remember…NOBODY knows the date…But…IMO…Something HAS to give and FAST!
______________________________________________________________
Aggiedad77 (Dinar Guru) – Article: “Parliamentary investment: international loan will need to be Iraq’s compulsory international economic conditions and standards” Quote: “borrowing from the International Monetary Fund makes Iraq mandatory international standards and is committed to the conditions” IMF loans paving way here it seems for Iraqi inclusion with international standards… Rest assured that the IMF does nothing on a lark…they are like a bank…they want a return on their investment…these loans they make to Iraq…they know they must hold “junior’s” hand…March to the IMF tune they will if they expect to get these loans…march into the implementation of international standards…the BEST is yet to come…soon.
______________________________________________________________