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 |
| US dollar | USD | 1182.000 | 1180.000 |
| Euro | EUR | 1308.829 | 1308.174 |
| British pound | GBP | 1576.788 | 1576.000 |
| Canadian dollar | CAD | —– | —– |
| Swiss franc | CHF | 1209.083 | 1208.479 |
| Swedish krona | SEK | 138.902 | 138.832 |
| Norwegian krone | NOK | 139.556 | 139.487 |
| Danish krone | DKK | 175.950 | 175.862 |
| Japanese yen | JPY | 11.583 | 11.577 |
| Special Drawing Rights |
SDR | 1649.339 | 1648.514 |
Indicative rates – 06.29.2015
http://www.cbi.iq/
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One person with a belief is a social power equal to ninety-nine who have only interests. – John Stuart Mill
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*** Current News ***
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Adam Montana (Dinar Guru) – Today we are almost through [Ramadan], and I can’t stress enough how happy that makes me. I’m READY! I mentioned earlier this week that I’m hearing some good things are coming our way… it’s the oil. It’s all about the oil – always has been, always will be when it comes to Iraq. I’ve mentioned many times in the past that I expect the HCL and the RV to be tied very closely to a rising cost in oil (it’s incredibly low right now, but steadily climbing back up to where it should be. Oil Price: $80 a Barrel Is On Its Way, Says Analyst Published in Oil Industry News on Wednesday, 22 June. I hate to root for higher costs on anything, but anyone with a basic understanding of economics knows that sometimes lower prices are not good. In our case, it’s reasonable to believe higher prices on oil will get us to the finish line. I have a feeling things are going to start picking up VERY soon.
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rcookie (Dinar Guru) – Article: “Cabinet restricts import, export and buy the currency registered with the trade companies” Quote: “The Cabinet decided on Tuesday, limit import and export process as the companies registered with the Ministry of Commerce, and the establishment of companies “solidarity” Alkmarki holds the clearance process, while select the first of next July as the date for implementation.” …IT IS AMAZING! …THE ENTITY TO HANDLE IMPORT/ EXPORT OVERSIGHT AND CURRENCY REQUIREMENTS FOR TRADE NEEDS IS LAUNCHING JULY 1ST…!
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Breitling (Dinar Guru) – So how do we know they are not going to just take the 3 zeros off the currency and do a lop? Because if they were going to do that they don’t need to reduce the note count do they? And that’s physically getting rid of notes. And them reporting it…telling people, ‘hey we’re down to 4 billion notes.’ Not dinars…NOTES. Remember one note can represent 25 thousand dinar. No one knows that exact combination because we don’t know the exact number of denomination that are out there. That’s how you know. The day they actually had a report of where they reduced the note count…that was the end of the debate. Be happy you didn’t fall for the trap. Don’t give your dinar to anybody. Don’t give your US dollars to anybody. For any reason at all… [Part 4 of 4]
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DELTA (Dinar Guru) – URGENT FROM IRAQIA TV: PM ABADI PLANS TO OPEN PROSPECT FOR INVESTMENT AND SOLVE THE ECONOMIC AND FINANCIAL PROBLEM IN THE COUNTRY AFTER EID AL-FITR.
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wmawhite (Dinar Guru) – [THE WORLDS BANK ANNOUNCEMENT TODAY OF IRAQ ECONOMIC GROWTH PROJECTION NUMBERS OF 4.35 FOR 2016….AND 5.6% IN 2017.] TOTALLY…WOW…IRAQ ECONOMIC GROWTH PROJECTION NUMBERS OF 4.35 FOR 2016…AND 5.6% IN 2017. What does the World Bank know? What do they see coming inside Iraq for Iraq to grow at that rate? Again…what does the World Bank know?
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“Immediately following News Time!!”
6/29 – LIVE CALL w/Q&A!!
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Mountainman (Dinar Guru) – As The “GLOBAL TRANSITION” to their NEW VALUES and DIGITAL IMPLEMENTATION is Not far Away…per the DIGITAL PLATFORM scheduled for it’s LAUNCH…on September 2, 2016…The TIMELINE of the BREXIT forward would Set in Motion for A “DOMINO EFFECT”…The Emerging Countries like INDONESIA,VIETNAM, IRAQ, and Many Others are READY…The TRADE DEALS were necessary to Create A “FLOW of REVENUE”.
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wmawhite (Dinar Guru) – Article: “The agreement with al-Abadi to open financial accounts to the provinces to complement the transfer of powers” This is truly a FIRST in the history of Iraq…the central government giving up their most important asset…its MONEY…giving it to the provinces! Folks…this is true REFORM.
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tlm724 (Dinar Guru) – Articles: “Sabri: a meeting with the delegation of the Kurdish Abadi is a positive step to resolve the dispute between Kurdistan and the center” “Jubouri looking with Kurdish parties to complete the parliamentary work” Quote: “that the Kurdish delegation presented a project for dialogue to solve the problems outstanding between the federal government and the government of Iraqi Kurdistan.” *mission* tis a great thing and if they can come to an agreement then we should see the HCL passed too! …not only are these Kurdish blocs negotiating with the Abadi but with Jabber [Jubouri] too! It is way past time for this to happen and move the reform forward and get some laws passed!
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rcookie (Dinar Guru) – [Will Parliament get everything done before the end of the month?] …WITH THE COMMITTEE WORK THAT HAS BEEN ONGOING DURING THIS FIASCO…THE LAWS ARE CUED AND WAITING…AND THE URGENCY IS THROUGH THE ROOF!!…BUT IMO YES.
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wmawhite (Dinar Guru) – Article: “The central bank pulls a vacation of two companies, one to sell the dollar, “betrayed the trust” WOW…how times have changed…it has not been too long ago when you could steal from the CBI, and the GOI and get away with it. But not now! …today under the leadership of Prime Minister Abadi the CBI is pouncing on the corrupt…Now, you are out the door, out of business and in prison. Times have changed. Remember in Davos, PM Abadi to the world that Iraq would join them on THEIR stage, economic stage…to do this he had to clean house
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rcookie (Dinar Guru) – Article quotes: “House of Representatives confirmed the decision MP Imad Youkhana, Tuesday, that the Federal Court’s decision restored the situation to what it was previously. “...the House of Representatives of the protesters to respect the decision of the Federal Court judge declared unconstitutional two sessions of the House of Representatives…” SO…THE FEDERAL COURTS RULE BOTH SESSIONS TO BE INVALID (UNCONSTITUTIONAL) AND RESTORE PARLIAMENT TO ITS PREVIOUS STATE…BACK TO WORK! NEW LEGISLATURE SESSION AFTER HOLIDAY.
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tlm724 (Dinar Guru) – Article: “Engineer confirms that the victory of Fallujah has only achieved through concerted efforts of all Iraqis” *hallelujah* thank God they were able to achieve this and it will give them the confidence to march on to Mosul and take their country back!
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Breitling (Dinar Guru) – Question cont. “They are telling me…3 zeros will be deleted from the dinar and my 25K note will only be worth 25 dinar. They are saying there is no way Iraq can pay 3 plus to exchange notes being held around the world, can this be? “ Well no. They are NOT going to PAY for it…it’s an exchange. And it’s not an exchange from Iraq…it’s an exchange from the banks from wherever you’re at. Iraq doesn’t have to pay for it. It’s an exchange. It’s a swap. And so it’s not going to be $3 it’s going to go up to $1.17 but later on the road it could be $3 but you and I don’t know how long we can sit on the notes that we have. So again what they are talking about is LOP. So basically they are using the same scam…look they are going to lop the 3 zeros off that currency unless you’re part of the bank through our private bank account so all your money goes to one person’s bank account you’re pretty much up the creak…what are you going to do get a lawyer? [Part 3 of 4 Stay tuned for the rest of the story…]
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Iraqi Dinar/Dollar auction (most recent listing) 06-29-16
Currency Auctions Announcement No. 3231
This daily currency auction was held in the Central Bank of Iraq on the 06-29-2016
The results were as follows:
| DETAILS | NOTES |
| Number of banks | 30 |
| Number of remittance companies | 17 |
| Auction price selling dinar / US$ | 1182 |
| Auction price buying dinar / US$ | —– |
| Amount sold at auction price (US$) | 141,756,285 |
| Amount purchased at Auction price (US$) | —– |
| Total offers for buying (US$) | 141,756,285 |
| Total offers for selling (US$) | —– |
More: http://dinarupdates.com/blog/
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Kaperoni (Dinar Guru) – Article quote: “Abadi instructed Prime Minister based on the recommendations of the meetings and workshop industrial sector reform of urgency enactment of laws contribute to the development of the sector…and the expert that these laws need to activate and if achieved, will go to immediate execution…” I like that…pass those banking laws so they can be applied! this a real moral booster. If and when the laws pass, it sounds like they won’t waste any time putting them in place to begin the transition and opening of the banking system. Very good news indeed.
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rcookie (Dinar Guru) – Article: “Baghdad…began to Iraqi ports, on Saturday, the work schedule of the new revenues and wages.” HERE IS THE OFFICIAL ANNOUNCEMENT IN INK OF THE ACTIVATION OF THE NEWLY INCREASED TARIFF RATES ON SELECT GOODS WHICH WAS ORIGINALLY SLATED FOR EARLIER IN MONTH AND THEN DELAYED UNTIL 25TH…HERE IN INK…THEY DID EXACTLY…REPEAT EXACTLY AS THEY SAID THEY WOULD… ADDITIONALLY…PLEASE NOTE THAT THE 2010 CUSTOMS TARIFFS HAVE BEEN IN EFFECT AND ACTIVATED SINCE JANUARY AT ALL APPLICABLE BORDER POINTS WHERE SECURITY STATUS ALLOWS…
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Stryker (Dinar Guru) – Article Quote: “the transfer of financial and administrative powers of the federal ministries to local governments” Abadi agreed to open financial accounts to the provinces in the process of transfer of powers from the ministries…Now we see the transfer of administrative and financial powers to the provinces! The facts just keep getting better…
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rcookie (Dinar Guru) – Article quote: “…Abadi said of Fallujah on Sunday, the liberation of the city from the control of the organization “Daash” fully, and with the Iraqi flag…” THERE IS NOTHING SHORT OF REMARKABLE PROCESS ON THE SECURITY FRONT…FROM ALL ANGLES…AND WHAT WE HAVE BEEN WAITING FOR ANNOUNCED TODAY…SO EVEN THOUGH WE HAVE HAD REPORTS SINCE BEGINNING OF WEEK AND LAST FRIDAYS TELEVISION ADDRESSMENT TO THE PEOPLE…HERE ABADI IS OFFICIALLY RAISING THE IRAQI FLAG OVER CENTER FALLUJAH AND OFFICIALLY ANNOUNCING FULL LIBERATION STATUS AND CALLED CITIZENS OF FALLUJAH TO TAKE TO THE STREETS IN CELEBRATION…
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Breitling (Dinar Guru) – …Whether it revalues from the government or their little private group they’ll never see it [dinar] again. This is the exact same definition that I’ve been hearing for the last 3 or 4 years…”you’re the chosen ones so don’t talk about it.” The title of the email [from Grandma] was “please calm fears.” You have nothing to fear…you still have your currency…they don’t. There is no such thing as a private exchange and they’re is no public exchange? How does that work? Does anyone want to tell me how that works?…so a couple private groups get to exchange their currency but no one else on the planet does, huh? [Part 2 of 4 Stay tuned for the rest of the story…]
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Adam Montana (Dinar Guru) – Ramadan is over July 5ish, and I’m excited to see what’s coming. I have had a few interesting and promising tips come through reliable sources in the last week…If all is going according to plan, things could get verrrry fun in the next month!
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Iraqi Dinar/Dollar auction (most recent listing) 06-27-16
Currency Auctions Announcement No. 3229
This daily currency auction was held in the Central Bank of Iraq on the 06-27-2016
The results were as follows:
| DETAILS | NOTES |
| Number of banks | 30 |
| Number of remittance companies | 17 |
| Auction price selling dinar / US$ | 1182 |
| Auction price buying dinar / US$ | —– |
| Amount sold at auction price (US$) | 140,489,450 |
| Amount purchased at Auction price (US$) | —– |
| Total offers for buying (US$) | 140,489,450 |
| Total offers for selling (US$) | —– |
More: http://dinarupdates.com/blog/
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rcookie (Dinar Guru) – SALEH MADE COMMENT IN SEPARATE INTERVIEW TODAY THAT “THIS MOVE WILL STRENGTHEN BRIDGES OF TRUST BETWEEN GOI AND PRIVATE SECTOR AND ACTIVATE THE ECONOMIC CYCLE” THERE WILL BE IMMEDIATE CONFIDENCE AND RETURNS IN GETTING ARREARS TOWARDS THESE PROJECTS PAID! COMPREHENSIVE ENGAGEMENT TO DRIVE ECONOMIC REALITY…AND ALL…ONCE AGAIN COMPLETELY APPROPRIATED IN THE 100% EXECUTABLE 2016 BUDGET. [post 2 of 2]
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rcookie (Dinar Guru) – Article quote: “The head of the Business Council, that “the implementation of this mechanism began as of today, by sending Treasury bills of exchange to the central bank, and prepared in advance by the Ministry of Planning ,“… HERE WE SEE THE BONDS FOR CONTRACTORS GOING OUT TO PROVINCES FOR STALLED PROJECTS AND DUES OWED CONTRACTORS… THIS SHOULD ENGAGE SOME OF THE ACTION FOR COMPLETION OF…STALLED PROJECTS AND INCENTIVIZE MORE CONFIDENCE AND ACTIVITY IN THE INVESTMENT PROCESS…AMAZING HOW MUCH THE $$$$ ACTS AS AN INCENTIVE AND DRIVER… [post 1 of 2….stay tuned]
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firefly (Dinar Guru) – Article quote: “…the Emir of Kuwait cables congratulatory telegram to the infallible and Abadi… He expressed that “security and stability prevail in all parts of brotherly Iraq and achieve for his people all looking forward to the advancement and progress and prosperity.” They announced yesterday the Iraqi government fully liberalized the city of Fallujah from terrorists Daash gangs and it plans to go to liberate the city of Mosul in northern Iraq.
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Governor of the Central Bank’s (range): precautions at a good level
(conducted the meeting: Zahraa Hamid)
Maybe it raises talk in economic and financial affairs many Hjona the followers, he is the modern-related livelihood daily per capita and how to get the economy moving, which faces many pitfalls impede progress, including currency and dinar speculation Exchange at the price of the dollar and the auction currency that turned him raised a lot of doubts and questions, in addition to work civil and foreign banks and remittance, and how to get out of the financial crisis that has plagued Iraq, and even the recent international Monetary Fund loan with falling oil prices and its consequences, as the sole supplier, which had a negative impact on the central bank’s reserves amount of foreign currency, According to specialists may not the reserve covers three months import of Iraq.
All these and other files open the “long” in a private meeting with the governor of the Central Bank of Ali Ismail Keywords…
Continued at bottom of THE BLOG(long read)…
Read More: http://www.dinarupdates.com/blog/
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mike (Dinar Guru) – Article quotes: “…the federal court decisions on the legality of the two sessions of Parliament in April are binding and not the degree of appeal..”We hope that the court will issue its final decision on 28 of this month…” …this is a big article. For those of us in the dinar community, we were following the news that day when the Reform Front tried to hijack Parliament and install their own Speaker and everyone knows they didn’t have quorum. So now we sit and wait and hope that the hardline Shia don’t control the Federal Courts, the courts ruling concerning Jabouri’s legitimacy will tell us who’s running the show in Iraq. If Jabouri is removed, we know the hard line Shia are still running things, if not, then Abadi’s reforms might have a chance.
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Breitling (Dinar Guru) – Question: “ I’m a grandmother that purchased dinar back in March 2013. I’ve been under the impression that when the currency revalues that I can take it to the bank, exchange it for dollars at a higher rate and live happily ever after. In the last few months several of my friends have been telling me that there will be no public exchanges but that you have to be in a private group with a contract to exchange. These friends have surrendered all of their dinar to a group back in January… They’re still waiting for their funds from the dinar…” Yeah, imagine that…I’m not trying to be a smarty pants but …you know what? They’re wrong and they’re in deep trouble cause they’ll never see that dinar again. [Part 1 of 4 Stay tuned for the rest of the story…]
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Poppy3 (Dinar Guru) – we are closing in on our reward for years of waiting for IRAQ to get their act together. IT surely appears they have positioned themselves to enter the world or global economy.
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The Central Bank pulls a vacation of two companies, one to sell the dollar, “betrayed the trust”
Alsumaria News / Baghdad – Central Bank announced on Monday the withdrawal of two companies leave, attributing the cause Bmkhafatthma what he described as “serious” and the other for “cheating Secretariat”, while trade demanded the cancellation of granted them certificate of incorporation.
The bank said in a statement Alsumaria News received a copy of it, “decided to leave the company to withdraw across the Gulf, to mediate in the sale and purchase of foreign currency granted to them”, adding that “the company violated work rules and betrayed the trust”.
A slight increase in central bank sales to reach $ 115 million
The central bank is required to reduce dollar sales for citizens wishing to travel
He said the bank, that “the company contracted to transport the health of residents of Nineveh staff salaries in Erbil and acquired those salaries illegally,” noting that “the amount that is acquired it is 11 billion and 432 000 466 thousand dinars.”
He said the bank “also decided to withdraw leave tamarisk company to broker the buying and selling of foreign currency as a result of serious irregularities with the terms of the granting of leave in respect of doing foreign remittances to different capitals.”…
Read More: http://www.dinarupdates.com/blog/
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mike (Dinar Guru) – Article: “Khawla al-Asadi” The new Director of the Rafidain Bank officially takes over” This is good stuff and long overdue. Hopefully, Abadi will now turn his eyes to the 1,000 other proxy positions. If Parliament can’t work together to approve Abadi’s appointments, he should just start replacing the whole lot and not wait for Parliament to get it’s act together.
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tlm724 (Dinar Guru) – Article: “Ports start working to apply the new tariff revenue and wages” Quote: “…the new tariff rose slightly in some vocabulary also included regulatory actions to facilitate the work of companies…” *hallelujah* finally getting it together! Very Happy.
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rcookie (Dinar Guru) – Article: “Start new schedule returns and wages in ports” Quote: “…the new tariff has seen a slight increase in some of its vocabulary are also included to facilitate the work of companies that ships Taom ships Iraqi ports regulatory measures.” WE’VE BEEN…TELLING YOU OF THE CUSTOMS TARIFFS STATUS…AND HERE IT IS IN INK…THE NEWLY REVISED… SLIGHTLY INCREASED RATES ON SELECT GOODS ARE NOW ACTIVATED AND BEING COLLECTED.
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